Full text of Survey of Current Business : October 1922
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MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS COMPILED BY BUREAU OF THE CENSUS : BUREAU OF FOREIGN AND DOMESTIC COMMERCE No. 14 : BUREAU OF STANDARDS OCTOBER 1922 CONTENTS Page. Summary for August Business indicators (diagrams and table) Wholesale price comparisons (diagram and table) Storage holdings, butter and eggs (diagram) Business conditions in August Indexes of production and marketings Trend of business movements (table) Page. 1 Wholesale trade 2 Wholesale prices (revised) 4 Dividend payments (monthly since 1913) 6 ' Wheatflourproduction (monthly since 1914) 7 Cotton ginned 22 World crop summaries 24 Sources of data 44 45 46 47 47 48 50 SUMMARY FOR AUGUST. In spite of the serious dislocation caused by the coal and railroad strikes there was no significant recession of business activity during August. It is true that the shortage of fuel was partially responsible for the marked decline in the production of iron and steel. On the other hand, there was a large increase in the activity of many industries compared with July. The mill consumption of both cotton and silk was the largest for any month in the past two years. New high records for recent years were made in the production of many other commodities, including flooring, cement, copper, paper-box containers, gasoline, etc. With all of the important labor difficulties adjusted for the time being, business is now making still greater progress. The rapidity with which this improvement is taking place may be judged partly from the freightcar situation. At the middle of September car loadings totaled 945,919 for the week, the largest ever recorded at this time of the year. The net available surplus of idle freight cars, which a few months ago amounted to hundreds of thousands of cars, has completely disappeared, and in its place there is an increasing shortage of cars beyond those available to supply the demand. For the present it appears that the ability of the railroads to handle the increasing traffic is likely to 18170—23- 1 be a limiting factor in our industrial movements. It is conceded that the output of bituminous coal is at present limited only by the amount of transportation which can be supplied. This, coupled with the heavy season of crop movements and the demand for building materials and for both raw and finished products of all kinds, will clearly put our transportation system to a severe test within the next few weeks. The building industry continued to gain in August in spite of higher prices and increasing difficulties in securing material. Contracts let in the first eight months of this year were 71 per cent greater in volume than for the same period last year. Activity on the New York Stock Exchange was greater than in July, but still less than in either of the three preceding months. Prices of both industrial and railroad stocks advanced. August bond sales were also larger, although Liberty-Victory issues were less active. The prices of all classes of bonds continued to rise. The level of wholesale prices in August showed no significant change, although this result in the total was brought about by marked declines in farm products, foods, etc., which were offset by corresponding increases in metals, coal, building materials, and similar products. (1) BUSINESS INDICATORS. (1913 monthly average-100. See explanation on inside front cover.) PIG-IRON PRODUCTION. 1820 1821 BITUMINOUS COAL PRODUCTION. 1922 1820 1821 COTTON CONSUMPTION. 1820 1822 800 1821 1822 800 600 f-00 400 400 1 ! 60 i 40 l § 60 Vv 40 20 i 10 NET FREIGHT TON-MILES. 18 2.1 1 1920 1921 \ V / i 1 i in BANK CLEARINGS OUTSIDE NEW YORK CITY (VALUES;. EXPORTS (VALUES). 1822 \ 5 80 i A/ 20 1820 8 NUMBERS 8 \—^\_s^ \X—Il Z 8 8 i j 1822 ..000^ aoo j ! • 600 -J ! 1 8 INDEX NUMBERS. 400 i jV"*-r . I i i : V * 80|- § ect 40 ! - • • - • • 20 10 DEFAULTED LIABILITIES (VALUES). WHOLESALE PRICES. 1920 1621 PRICE OF 25 INDUSTRIAL STOCKS. 1920 1922 1.000 1921 . 1922 .... 1 800 j 1 400 ffl D 2 100 . L_ _ £ so p Q Z 60 . 1 ! 1 • ' 40 20 ifl BUSINESS INDICATORS. The following table gives comparative index numbers for a selected list of important business movements. It is believed that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often regarded as indicative of business in general. The table has been divided into two parts, the first containing those items for which index numbers can be calculated, using 1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the two sets of data. In either group, however, the upward or downward trend of the index numbers, compared to previous months, does reflect the present tendency in each item and will give a basis for business judgment. 1921 MONTHLY AVERAGE. 1922 COMMODITY. 1919 1920 1921 July. Aug. Sept. I Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. | June. July. Aug 1913 monthly average -100. Production: Pig iron Steel ingots Copper Anthracite coal Bituminous coal Crude petroleum Wool (consumption) Cotton (consumption) Beef Pork Stocks: Crude petroleum Cotton (mills and warehouses) Prices: Wholesale index, all commodities (Dept. Labor) Retail food (Dept. Labor) Retail coal, bitum. (Dept. Labor).. Farm crops (Dept. Agriculture)«... Farmlive stock (Dept. Agriculture). Business finances: Defaulted liabilities Price 25 industrial stocks Price 25 railroad stocks Banking: Bank clearings, New York City Bank clearings, outside N. Y. City.. Commercial paper interest rate Distribution: Imports (value) Exports (value) Sales, mail-order houses Transportation: Freight, ton-miles 100 111 105 96 96 154 142 108 131 120 119 135 99 97 116 181 118 117 121 111 54 66 39 95 85 189 135 85 109 116 34 36 17 92 76 194 132 85 101 110 37 52 21 98 87 198 145 97 118 94 38 53 21 93 88 176 155 101 119 87 49 73 24 99 110 172 168 103 125 99 55 75 22 90 90 183 163m 109 114 118 64 65 18 78 77 203 159 106 99 133 64 72 25 82 94 208 153 109 111 144 64 79 37 89 103 197 158 98 98 123 105 164 109 155 152 183 161 156 162 144 165 172 166 206 170 223 177 223 187 203 206 186 147 234 198 226 203 207 238 168 147 153 197 109 107 141 148 193 107 109 142 155 193 108 113 141 153 193 110 101 142 153 192 104 98 141 152 190 98 92 140 150 189 97 91 42 182 75 108 184 68 230 137 64 188 127 64 189 121 64 163 128 65 234 130 64 235 135 66 249 228 94 257 258 127 205 197 113 195 187 111 185 181 103 199 196 102 203 209 97 218 319 264 294 331 264 140 181 188 119 157 133 130 177 159 120 157 188 121 137 105 104 111 113 79 107 61 115 126 225 176 108 119 118 81 111 75 90 123 90 (•> 40 216 130 93 106 105 (») 51 224 103 124 133 105 1 199 188 211 171 224 151 138 142 182 98 95 141 142 179 105 108 142 139 179 112 117 385 140 66 325 143 65 320 149 68 213 201 90 234 212 89 219 189 85 126 166 222 141 142 211 159 143 217 1M 107 94 94 113 89 2 43 225 71 100 99 2 65 224 95 125 1 119 149 117 109 234 128 244 249 87 252 83 143 139 177 115 115 148 139 175 118 118 150 141 175 119 119 155 142 155 139 118 119 114 112 315 154 70 322 162 74 195 166 75 168 166 74 177 176 171 i 178 77 i 81 195 166 84 237 200 83 238 191 79 244 ."04 74 255 210 70 233 201 65 215 202 68 145 135 175 144 121 161 171 156 211 145 150 196 149 194 174 161 174 169 146 154 181 146 157 99 104 120 90 102 106 99 108 125 126 128 132 130 122 111 129 116 27 24 21 94 91 20 81 '• 92 119 93 1 56 220 105 1 9 1 9 m o n t h l y average =- 1OO. Production: Lumber * Building contracts (floor space) Stocks: Beef Pork Business finances: Bond prices (40 issues) Banking: Debits to individual accounts, outside New York City Federal Reserve, bills discounted... Federal Reserve, total reserves 100 100 100 72 85 I 100 ! I loo I 70 97 100 100 100 100 85 58 94 76 92 i 89 97 87 43 85 35 101 27 85 25 61 86 87 85 86 88 118 132 97 91 91 122 85 85 123 85 77 127 90 65 95 64 103 111 35 51 33 31 67 74 76 90 93 102 102 104 107 108 108 109 111 89 95 85 72 68 | 66 131 ! 134 ! 137 100 61 137 95 44 140 84 37 141 33 142 94 30 143 92 29 143 24 144 93 20 145 90 21 146 81 76 28 45 33 43 87 i Monthly prices are for the 15th of the month indicated. * Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hard and soft woods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000 board feet reported by the census. »Less than 1. COMPARISON OF PRESENT WHOLESALE PRICES WITH PEAK AND PRE-WAR. (Relative prices 1913-100.) INDEX NUMBERS 300 400 FARM PRODUCTS. PRICE TO PRODUCER WHEAT CORN POTATOES COTTON COTTON SEED WOOL CATTLE. BEEF HOGS LAMBS WHEAT. SPRING WHEAT WINTER CORN. NO. 2 OATS BARLEY RYE. NO 2 TOBACCO. BURLEY COTTON. Ml DOLING WOOL OHIO. UNWASHED CATTLE. STEERS HOGS. HEAVY 9HEEP EWES SHEEP LAMBS FLOUR. SPRING FLOUR. WINTER SUGAR. RAW SUGAR GRANULATED COTTONSEED OIL BEEF CARCASS BEEF STEER. ROUNDS PORK. LOINS COTTON YARN COTTON. PRINT CLOTH COTTON. SHEETING WORSTED YARN WOMEN'S DRESS GOODS SUITINGS SILK. RAW HIOES. PACKERS HIDES. CALFSKINS LEATHER. SOLE LEATHER. CHROME BOOTS AND SHOES COAL. BITUMINOUS COAL. ANTHRACITE COKE PETROLEUM PIG IRON. FOUNDRY PIG IRON. BASIC STEEL BILLETS. BESSEMER COPPER LEAD TIN ZINC LUMBER. PINE. SOUTHERN LUMBER. DOUGLAS FIR BRICK. COMMON. NEW YORK BRICK. COMMON. CHICAGO CEMENT STEEL BEAMS RUBBER. CRUDE SULPHURIC ACID PEAK PRICE PRICE IN AUG. 1922 PEAK PRICE SAME AS LATEST WHOLESALE PRICE COMPARISONS.—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS. NOTE.—Prices to the producer on farm products are from U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics, except market price of wool compiled by U. S. Department of Commerce, Bureau of Foreign ana Domestic Commerce, As far as possible all quotations represent prices to the producer or at the mill. See diagram on opposite page. COMMODITIES. Date and maximum relative price. June, 1922. July, 1922. August, 1922. Relative price. (1913 average=100.) F a r m products—Average price to producer: Wheat Corn. Potatoes Cotton Cotton seed Wool Cattle, beef. Hogs Lambs F a r m products—Market price: Wheat, No. 1, northern, spring (Chicago).... Wheat, No. 2, red, winter (Chicago) Corn, contract grades, 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) Wdol, unwashed, fine (Ohio) Cattle, steers, good to choice, corn fed (Chicago) Hogs, heavy (Chicago) Sheep, ewes (Chicago) Sheep, lambs (Chicago) Food: Flour, standard patents (Minneapolis) Flour, winter straights (Kansas City) Sugar, 96° centrifugal (New York) Sugar, granulated, in barrels (New York) Cottonseed o$J, prime summer yellow (New York) Beef, fresh carcass good native steers (Chicago) Beef, fresh steer rounds No. 2 (Chicago) Pork, loins, fresh (Chicago) Clothing: Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston) Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York) Worsted yarns: 2/32's crossbred stock, white, in skein (Boston) Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York) Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (Boston) Silk, raw Japanese, Kansai No. 1 (New York) Hides, green salted, packer's, heavy native steers (Chicago) Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) Leather, sole, hemlock, middle, No. 1 (Boston) Leather, chrome calf, dull or bright, "B " grades (Boston) Boots and shoes, men's black calf, blucher (Massachusetts) Men's dress welt tan calf (St. Louis) Fuels: Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati) Coal, anthracite, chestnut (New York tidewater) Coke, Connellsville (range of prompt and future) furnace—at ovens Petroleum, crude, Kansas-Oklahoma—at wells Metals: Pig iron, foundry No. 2, northern (Pittsburgh) Pig iron, basic, valley furnace Steel billets, Bessemer (Pittsburgh) Copper ingots, electrolytic, early delivery (New York) Lead, pig, desilverized, for early delivery (New York) Tin, pig, for early delivery (New York) Zinc, slab, western, early delivery (New York) Building m a t e r i a l s a n d m i s c e l l a n e o u s : Lumber, pine, southern, yellow flooring, l x 4 , " B " and better (Hattiesburg district). Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington) Brick, common red, domestic building (New York) Brick, common building, salmon, r u n of kiln (Chicago) 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 degrees (New York) June, July, June, July, May, July, May, July, Apr., 1920 1920 1920 1920 1920 1918 1919 1919 1920 May, May, Sept., June, Mar., Mar., Mar., Apr., Mar., Mar., July, Apr., Feb., 1920 1920 1917 1920 1918 1918 1919 1920 1920 1919 1919 1918 1920 May, May, May, May, July, Sept., July, Sept., 1920 1917 1920 1920 1919 1920 1920 1919 May, Apr., May, Jan., Oct., July, Jan., Aug., Aug., Mar. Nov., Mar., Aug., Sept., Oct., Aug., Mar., 326 130 123 300 101 104 101 706 173 192 147 Per cent increase ( + ) or decrease (—) in A u g . \ from July. 111 312 170 173 176 321 173 169 149 344 196 195 189 183 99 98 93 256 121 122 114 239 162 157 154 354 137 142 129 302 118 117 107 331 98 103 100 296 99 99 89 325 97 103 91 451 139 135 114 352 208 208 208 331 173 175 171 350 214 218 218 218 104 114 122 266 122 121 104 319 100 117 114 263 147 163 160 - 2.9 -23.4 + 1-7 -11.8 - 3.1 - 5.1 - 6.6 - 1.9 - 9.2 - 8.5 - 2.9 -10.1 -11.7 -18.4 0.0 - 2.3. 0.0 + 7.0 -14.0 - 2.6 - 1.8 164 170 153 363 167 162 144 598 131 147 148 526 137 154 158 374 154 147 136 201 112 114 120 211 123 130 125 254 135 160 173 -10.0 -11.1 + 0.7 + 2.6 - 7.5 + 5.3 - 3.8 + 8.1 1920 1920 1920 1920 1918 1920 1920 1919 1919 1917 1919 1920 1919 348 478 427 289 292 291 466 283 490 211 473 308 292 161 166 188 191 162 172 184 180 145 145 198 198 201 194 138 124 161 209 138 170 188 174 180 145 213 195 109 97 124 161 209 138 4- 2.4 - 1.6 + 1.2 0.0 0.0 + 7.6 + 0.5 +10.1 - 2.0 0.0 0.0 0.0 0.0 1920 1921 1920 1920 323 232 245 302 +23.3 277 241 441 375 525 134 +19.0 -35.0 July, 1917 346 162 163 170 165 136 136 202 181 140 87 133 72 113 +23.9 + 9.7 + 2.9 0.0 + 1.5 + 2.9 + 9.7 200 179 290 177 163 116 22 70 + 2.0 +13.3 - 5.5 - 5.1 + 3.2 + 6.4 + 4.8 - 1.4 91 81 128 158 209 201 637 Sept., 1920 July, 1917 206 Mar., 1917 230 87 87 June, 1917 261 133 131 May, 1918 224 70 June, 1915 70 103 Feb., 1920 455 198 196 Jan., 1920 407 147 158 Feb., 1920 381 307 307 Oct., 1920 251 178 186 Sept., 1920 195 158 158 June, 1917 331 106 109 Jan., 1913 124 21 21 Feb., 1916 250 80 71 SEASONAL MOVEMENT OF COLD-STORAGE HOLDINGS. CASE EGGS. CREAMERY BUTTER. The movements of many of the commodities reported in this bulletin are distinctly seasonal. This is particularly true of cold-storage holdings and makes it difficult to obtain a true interpretation of their trends from index numbers alone. The above diagrams have been prepared to assist in comparing recent months with the average seasonal variation. The heavy solid line in each diagram represents the five-year average from 1916 to 1920 for each month. The broken lines represent the index numbers on the same base for the months of 1920, 1921, and 1922. It will be noted that the movement of case eggs in 1922 showed a smaller amount than usual in storage during the first months of the year and yet greater than was the case for the same period of 1921 but, since March, stocks have been larger than is normal for the corresponding months and, from June on, even exceeded the large stocks for the same months of 1921, a high year. The cold-storage holdings of eggs on August 1 of this year, at which time they are normally at the maximum, were about 40 per cent greater than the five-year average and almost 35 per cent greater than the holdings on August 1, 1921. With regard to stocks of creamery butter, the early months of 1922 showed only slight variations from normal but, since August, movement into storage has not been as heavy as in previous years, with the result that, on the 1st of September, the time of maximum stocks, the index number was 199, compared with the normal for this time of the year of 214. BUSINESS CONDITIONS IN AUGUST. The following pages present a review, by principal records since 1919 were made in August in the output industries, of the more important statistics shown in of oak flooring, maple flooring, newsprint paper, the table on the Trend of Business Movements on cigarettes, corrugated paper boxes, and electric power, page 24. Summaries of production, stocks, sales, and j while July production (the latest available) of gasoline price changes are also given. j and of fuel oil also made new high marks. Produci tion of copper and of cement made new high records PRODUCTION. j since monthly production figures were started in these Productive activity made a good recovery in August j commodities in January, 1921. after the slump experienced in July. This movement I Compared with a year ago, 37 commodities showed was influenced by the better demand for goods and j an increased output, while only 6 declined. The generally increased prices. Shortage of fuel con- j declines were in the coal and food groups, with the tinued to retard the production of metals. ; exception of shipbuilding and face brick producOut of 43 commodities for which August production \ tion. Comparison with the 1919 average shows 28 figures are available on a 19lS base, there were 32 j increases and 15 decreases; the principal increases increases over July and only 9 decreases, while 2 occurred in building materials and building equipment, index numbers remained the same. Of the 9 decreases \ while coal, coke, and metals furnished the chief dereported, 3 occurred in the metals group. New high clines. COURSE OF PRODUCTION SINCE 1919. RELATIVE PRODUCTION (1919=100). RELATIVE PRODUCTION (1919=100). Maxi- Mini-; mum! 1921 since ! 1920 averend end i age. of ! I of 1 1919. 1*19. ' July, Aug.,! J u l v J Aug., 1 1921. 1921. 1922. 1922. i ! j j 125 109 151 110 178 126 340 ! 121 I 177 j 169 468 | 135 ! CLOTHING: Cotton (consumption) Wool (consumption) Sole leather Boots a n d shoes | 114 j 126 | j 95 j | i 108 64 ; 67 1 58 ' 58 j 40 i 26 i 7! 20 i 64 ! 41 41 i 38 I j 57 42 63 82 92 93 80 104 103 100 76 99 86 111 93 91 83 97 94 92 60 164 71 119 83 154 90 91 77 91 80 95 38 40 81 151 102 240 78 120 90 78 101 127 61 45 88 151 105 171 107 109 79 95 79 79 93 76 90 102 96 80 I 11 62 i 128 ! 127 71 ! 127 I 93 101 102 90 16 66 130 131 74 123 94 105 93 95 124 83 163 51 166 || "*20 || 104 102 72 83 FUELS: Anthracite coal Bituminous coal Beehive c o k e . . . . By-product coke Crude petroleum Gasoline Kerosene Gas and fuel oil Lubricating oil Electric power 119 I () 137 41 11 127 8 123 ; »62 149 104 173 110 ! 151 135 125 101 i 99 121 89 110 30 79 122 124 117 123 : 130 99 I 83 146 127 124 104 113 105 2 2 I 68 45 34 1 28 119 148 173 . 99 j . 151 . 130 j . 125 119 ! METALS: Pigiron Steel ingots Copper Zinc Silver Gold (receipts) 34 132 140 j 33 «17 394 38 126 I 80 129 79 181 TOBACCO: Cigars 4 Cigarettes* Manufactured tobacco * 1 Since November, 1921. 2 Less than 1 July, j A u g . July, jAu 1921. 1921. 1922.1192 LUMBER: FOODSTUFFS: Wheat flour Beefproducts Pork products L a m b and m u t t o n Sugar (meltings) Oleomargarine Cottonseed oil Condensed milk Butter Cheese Icecream Corn products I Maxi-j Minimum j mum since ; since 1920 1921 end ! end aver- average. age. of ! of 1919. 1919. 128 144 119 75 64 50 j 119 121 94 105 100 88 54 57 37 ' 47 ; 95 !! j 113 I i 112 ' 84 94 96 96 91 37 34 33 46 17 20 41 38 83 j 85 124 I 131 106 116 104 94 101 I 85: 83 i 92 130 1 71 90 94 82 118 145 99 I 109 144 117 118 100 131 69 94 , 172 j 20 121 j 162 33 ! 98 Yellow pine Western, pine North Carolina pine California white a n d sugar pine. California redwood Douglas fir Michigan hardwoods Michigan softwoods Northern hardwoods Hemlock Oak flooring Maple flooring 204 174 130 122 120 161 120 273 130 121 122 102 89 82 105 91 106 103 ! I | i ; ! I | i 97 97 91 104 93 92 142 89 73 48 42 96 75 128 77 ! 143 i 134 i 88 I 44 i 56 j 57 i 76 I 156 i 84 117 147 162 128 157 160 185 108 "*I36 127 127 58 60 78 96 65 69 96 87 238 273 104 130 PAPER: Mechanical wood pulp Chemical wood p u l p Newsprint Book paper Wrapping paper Paper board Fine paper Corrugated paper b o x e s 5 . . Solid fiber paper boxes 5 . . . 143 138 116 126 130 135 121 132 142 55 64 109 117 I 110 121 120 119 113 104 ! j i i I S T O N E , CLAY, AND SAND P R O D UCTS: 130 | 106 13 127 ! 43 120 132 i 100 34 3 174 3 61 i 125 124 104 Silica brick Clay fire brick Face brick Cement Glass bottles BUILDING 62 ! 64 82 64 78 69 57 49 89 TRANSPORTATION VEHICLES: Automobiles, passenger Motor trucks Locomotives Ships »Since Jan. 1,1921. * As represented by tax-paid withdrawals. 238 j 235 200 130 j e 190 699 135 79 65 149 112 110 72 i 6 51 i 632 | j 114 102 89 67 91 107 116 115 12S 120 115 132 134 27 81 93 116 173 73 69 102 104 174 52 118 153 50 120 11 142 124 127 122 121 69 68 163 204 i 227 135 184 i 206 134 160 . 174 76 1 111 j 116 121 162 93 i 120 46): 41 I 50 81 50 j, 26 43 57 30 !; 24 22 i 6 6 Relative to last 6 months of 1919. • Since July 1,1921. 103 96 105 93 113 102 97 120 114 li 40 jj 13 63 !' 43 100 jj 96 122 143 48 69 EQUIPMENT: B a t h s , enamel , Lavatories, enamel Sinks, enamel Buildings (contracted for) 61 75 89 78 97 85 G6 70 106 179 91 68 3 COURSE OF PRODUCTION SINCB 1919. COMPARISON OP AUGUST PRODUCTION WITH P R E - W A R . (Relative Production 1919*100.) (Relative Production 1913=100.) INDEX NUMBERS WHEAT FLOUR WHEAT FLOUR BEEF PRODUCTS PORK PRODUCTS LAMft AMD MUTTON SUGAR (MELTINGS) BEEF PRODUCTS PORK PRODUCTS OLEOMARGARINE LAMB AND MUTTON COTTONSEED OIL CONOEN8ED MILK OLEOMARGARINE BUTTER CHEESE ICE CREAM CORN PRODUCTS COTTON (CONSUMPTION) WOOL (CONSUMPTION) S0L6 LEATHER ANTHRACITE COAL BOOTS AND SHOES ANTHRACITE COAL BITUMINOUS COAL BEEHIVE COKE BITUMINOUS COAL BEEHIVE COKE BY-PRODUCT COKE CRUDE PETROLEUM BY-PRODUCT COKE GASOLINE CRUDE PETROLEUM KERO8ENE GA8 AND FUEL OIL PIG IRON LUBRICATING OIL ELECTRIC POWER STEEL-INGOTS P«G IRON COPPER STEEL INGOTS COPPER ZINC ZINC SILVER SILVER GOLD (RECEIPTS) GOLD CIGARS CIGARETTES MANFD. CIGARS TOBACCO YELLOW PINE WESTERN PINE NORTH CAROLINA PINE CALIFORNIA WHITE PINE CALIFORNIA REDWOOD DOUGLAS FIR MICHIGAN HARDWOODS MICHIGAN SOFTWOODS OAK FLOORING NORTHERN HARDWOODS HEMLOCK CEMENT OAK FLOORING MAPLE FLOORING BATHS ENAMEL) MECHANICAL WOOD PULP LAVATOPIES (ENAMS CHEMICAL WOOD PULP NEWSPRINT SINKS (ENAMEL) BOOK PAPER WRAPPING PAPER LOCOMOTIVES PAPER BOARD FINE PAPER CORRUGATED PAPER BOARD SOLID FIBER PAPER BOARD SILICA BRICK CLAY FIRE BRICK FACE BRICK CEMENT GLASS BOTTLES BATHS. ENAMEL LAVATORIES. ENAMEL SINKS. ENAMEL BUILDINGS iCONTRACTED) AUTOMOBILES. PASSENGER MOTOR TRUCKS LOCOMOTIVES SHIPS STOCKS. In spite of increasing production in August, the stocks of most commodities continued to decline, indicating a demand in excess of production and forecasting a further increase in industrial activity. Of 36 commodities for which figures on stocks at the end of August are now available, there were 13 increases and 21 decreases, with 2 commodities unchanged. Almost all the construction materials and metals showed substantial decreases, the increases being largely confined to the seasonal cold-storage holdings in the foodstuff group. COURSE OF COMMODITY STOCKS SINCE STOCKS OP COMMODITIES COMPARED WITH P R E - W A R . [Taken at end of each month.] RELATIVE STOCKS (191*-= 100). 1919. 1921 1920 average. average. (Relative Stocks 1919=100) 0 100 200 400 600 800 BEEF PRODUCTS Wheat (visible) Corn (visible). .. Oats (visible) 127 71 Coffee Cotton (total) Crude petroleum Pig iron (merchant) Zinc Tin Oak flooring Cement 2 Tobacco Flaxseed PORK PRODUCTS LAMB AND MUTTON SUGAR ( RAW ) COTTONSEED OIL WHEAT ( VISIBLE) WHEAT FLOUR CORN ( VISIBLE ) 155 109 38 99 183 258 80 114 33 July, 134 255 270 89 196 152 84 195 127 375 91 131 74 216 90 156 161 92 227 136 391 93 8 135 Aug., 1921. July, 1922. 79 265 211 59 87 249 32 70 196 230 75 3 131 2 161 j 347 89 144| 162 84 I 213 I 95 | 393 I 474! <125 ! 86 119 220 48 83 252 21 53 152 234 OATS (VISIBLE) 1 BUTTER Relative to 1914. «Relative to stocks at end of 1913. «July 1. < Oot. 1. CHEESE EGGS STOCKS OP COMMODITIES SINCE 1919. POULTRY FISH [Taken at end of each month.] COFFEE APPLES RELATIVE STOCKS (1919«100). RICE (DOMESTIC) COTTON { TOTAL ) Maxi-| Mini- 1920 1921 Au- July, Aumum mum averJuly, gust, 1921. 1921. 1922. since since age. average. 1919. 1919. FUELS | CRUDE PETROLEUM. GASOLINE KEROSENE GAS AND FUEL OIL FOODSTUFFS: LUBRICATING OIL Beef products Pork products Lamb and mutton. Sugar (raw) Cottonseed oil Wheat (visible).... Wheat flour Corn (visible) Oats (visible) Butter Cheese PIG IRON(MERCHANT) ZINC TIN YELLOW PINE MICHIGAN HARDWOODS MICHIGAN SOFTWOODS OAK FLOORING MAPLE FLOORING Poultry Fish 2 Coffee.. Apples Rice (domestic) SILICA BRICK FACE BRICK CEMENT BATHS (ENAMEL) CLOTHING MATERIALS: LAVATORIES (ENAMEL ) Cotton (total) FUELS: SINKS( ENAMEL) TURPENTINE MECHANICAL WOOD PULP 95 120 95 0) 30 27 78 0 50 136 28 85 70 140 27 67 89 392 271 139 121 186 30 77 145 0 20 91 39 324 12 55 75 648 164 156 120 248 46 41 97 0 63 20 81 40 276 17 60 86 291 172 169 139 235 42 52 78 0 50 53 51 101 61 106 75 81 104 98 126 89 85 145 134 134 151 143 153 145 137 165 160 154 120 130 161 150 238 164 108 176 140 146 247 528 33 58 130 60 108 132 212 232 146 247 248 133 231 173 51 71 356 33 58 276 Yellow pine 143 Michigan hardwoods 108 Michigan softwoods 152 Oak flooring.. 277 Mapleliooring...'..'..'..['.'.\ 222 Silica brick 115 Face brick 181 Cement a 276 301 Baths (enamel) 95 Lavatories (enamel) 122 Sinks (enamel) 175 Rosin 4 215 Turpentine* 102 67 80 59 55 81 107 102 29 21 34 41 13 127 72 105 161 103 103 140 170 50 31 53 104 109 129 98 141 234 199 107 153 193 179 78 89 164 149 134 108 143 244 209 99 138 198 154 95 94 175 157 131 106 148 245 202 100 160 158 116 92 103 171 170 116 76 116 144 159 90 123 160 71 45 56 160 53 119 72 86 146 151 86 102 109 54 42 47 171 83 143 138 175 131 130 132 112 55 64 71 66 36 70 74 78 63 97 75 48 79 79 108 99 125 115 101 117 101 127 102 107 119 113 119 108 108 99 113 111 115 116 103 122 96 88 122 127 118 102 102 98 ' 83 118 114 110 103 132 1,578 27 102 117 5 121 1 2 550 1,242 1,157 1,092 27 Pig iron (merchant) Zinc Tin '.'.'.'.'.'.'.'.'.'.'.'. NEWSPRINT (AT MILLS) BOOK PAPER CONSTRUCTION MATERIALS: WRAPPING PAPER PAPER BOARD FINEi PAPER TOBACCO ( TOTAL ) FLAX SEED WAf.r*,VA MAXIMUM SINCE 1919 AUG • \ MINIMUM SINCE 1919 JULY New low records since the end of 1919 were made in raw cotton, merchant pig iron, zinc, rice, and coffee, while stocks of petroleum made a new high record. Compared with a year ago, there were 27 decreases as against only 7 increases and 2 unchanged. Outside of large increases in stocks of petroleum, sugar, and tin, the increases were confined to the cold-storage holdings of dairy products and poultry. 35 101 80 167 31 48 75 509 168 125 107 184 32 65 147 0 79 70 97 183 110 127 89 95 174 241 METALS: CHEMICAL WOOD PULP 13170—22 82 70 73 146 181 159 43 85 324 157 158 93 76 622 211 81 79 101 72 72 145 162 159 20 38 25 44 12 28 54 108 16 6 28 241 189 153 173 162 Crude petroleum Gasoline Kerosene Gas and fuel oil Lubricating oil RO6IN 124 129 928 332 321 184 149 1,482 316 174 156 240 156 110 177 391 360 2 PAPER: Mechanical wood pulp Chemical wood pulp Newsprint (at mills) Book paper Wrapping paper Paper board Fine paper OTHER AGRICULTURAL PRODUCTS: Tobacco (total) Flaxseed 1 Index number less than 1. -On 15th of month. 3 Relative to stocks at end of 1919. 4 44 Relative to season beginning Apr. 1,1919. »July 1. • Oct. 1. 10 SALES. The approach toward a settlement of the labor difficulties in the latter part of August undoubtedly helped to stimulate the volume of sales during that month. Although comparable data are lacking for a great many industries, the accompanying table gives relative figures on the sales of 18 individual commodities, as well as a comparison of distribution movements and the sales of services and securities. Of the 14 individual commodities for which August figures are available, 8 showed an increase in sales volume over July, while 6 declined. In July only 2 of these 14 commodities increased, compared with June. Compared with a year ago only one of the 14 commodities shows a smaller volume of sales in August, 1922. Eight of these commodities show sales greater than the average for the year 1919. Other movements, including postal receipts, magazine advertising, and the sales of stocks and bonds, increased compared with the preceding month. COMPARISON OP SALES IN DIFFERENT LINES OF BUSINESS. RELATIVE SALES (1919=100). Maxi- Minimum 1920 1921 July, Au- July, Ausince aver- 1921. gust, 1922. gust, end end average. 1921. age. 1922. of of 1919. 1919. INDIVIDUAL COMMODITIES: Pig iron (merchant) Freight cars Structural steel Baths, enamel Lavatories, enamel Sinks, enamel Sanitary pottery Oak flooring Maple flooring Redwood lumber Clay fire brick Leather belting Abrasive paper and cloth.. Fine cotton goods Elastic webbing Paper Printing i Optical goods l DISTRIBUTION MOVEMENT: 2 Wholesalers Mail-order houses 1 Chain stores l 97 333 101 53 73 65 34 54 36 77 120 98 111 26 87 127 148 114 34 97 66 59 77 73 43 119 63 74 45 42 65 81 81 89 121 73 31 45 63 68 83 69 44 93 49 34 33 46 60 69 80 85 106 47 49 8 62 89 87 81 42 129 75 83 47 48 72 117 89 91 120 60 58 52 685 81 116 122 142 118 151 134 141 117 129 171 181 220 78 84 79 121 108 102 69 83 105 21 '•"72 107 136 242 99 102 118 87 71 124 97 50 108 96 60 116 99 58 127 106 59 131 145 154 125 113 123 120 113 147 106 95 147 103 105 148 108 106 162 108 116 135 162 144 129 110 178 489 122 109 122 110 111 106 111 119 102 101 122 114 78 103 58 87 70 85 66 93 72 105 100 120 55 94 180 102 36 82 170 94 42 74 189 90 351 575 178 215 262 222 171 260 135 157 174 129 148 127 129 147 168 143 14 8 27 12 27 25 7 23 17 21 33 35 40 5 25 71 106 47 SEEVICES: Postal receipts 1 Telephone receipts x Telegraph tolls 1 Railroad revenuesPassengers i Freight^ Advertising— Magazine Newspaper SECURITIES: Stocks .Bonds Municipal bonds (new) 1.. Life insurance 1 122 106 70 "**85 79 92 58 68 98 101 182 113 ""io6 Items based on value. * Relative proportion of orders to total transactions. PRICES. For the first time since last January, prices on the :;: /ailed to make a significant rise compared with • pscfding month. Both the wholesale index of 't Ppspartment of La,bor and Bradstreet's index registered no change in August compared with July, while Dun's index declined one point. There were marked increases in the prices of fuels, metals, and building materials, but these were offest by declines in other groups, particularly farm products and foods. The decline in the price of farm products was particularly marked. The price index number of farm crops as compiled by the Department of Agriculture fell from 118 in July to 114 in August and the live stock index dropped from 119 to 112 in the same period. The regrouping of, the Department of Labor prices by the Federal Reserve Board shows that notwithstanding the decline in farm products there was an actual although slight increase in the average prices of raw materials in August. Producers' goods remained unchanged, while consumers' goods declined. The weighted index for all commodities remained unchanged at 155 compared with 142 in August last year and 138 at the low point reached in January. The retail food index of the Department of Labor declined from 142 in July to 139 in August, which marked the same low point for this index as reached last March. The prices of individual commodities as given in the table and chart on pages 4 and 5 show clearly the declines which occurred in the groups of farm products and foods. Metals, building materials, and coal all showed significant increases. Of the 60 commodities for which comparisons are given, 27 showed decreases, 24 increased, and 9 remained the same as in July. The largest increase for any of the commodities listed was shown by pig iron which rose 23.9 per cent, followed by bituminous coal with an increase of 23.3 per cent. The greatest decline in the price of any commodity quoted occurred in petroleum which registered a drop of 35 per cent during the month. TEXTILES. Imports of wool in August continued heavy, partly due, no doubt, to the anticipated increase in tariff rates. The activity of woolen and worsted machinery showed a slight increase over July. Carpet and rug looms showed a big increase in activity compared to a year ago. Other classes of looms were not so active as last year. Little change occurred in the prices of wool or of woolen manufactures during August. Unfortunately, comparable figures on the consumption of wool by textile mills have not been available for recent months. This has been due to the fact that a few companies, particularly the American Woolen Co., have not furnished their figures. This latter company forms such a large proportion of the industry that it is impossible to compare figures for present mouths, excluding the American Woolen Co., with figures for earlier months or years in which their 11 figures were included. Unable to secure the voluntary cooperation of this company the Bureau of the Census has compiled reports for recent months excluding this firm and one or two minor companies whose reports have not been received. These reports have now been extended back through the months of 1921 on a comparable basis by omitting the estimated consumption of the American Woolen Co. and one or two others. These figures are shown in the following table, which gives the trend of the industry for the past 20 months. bales, or the lowest figure recorded in more than twoyears. Exports during the present calendar year have been about 8 per cent less than during the same period last year. Imports of cotton in August showed an increase over the two preceding months, although the total of 14,480 bales is far below our monthly average imports. Imports so far this year have exceeded the corresponding movement last year by approximately 74 per cent. EXPORTS AND CONSUMPTION OF COTTON. WOOL CONSUMPTION. [Excluding American Woolen Co. and a few smaller firms.] 1921 1922 Thousands of pounds (all figures reduced to grease equivalent). January February March April May June July August September October November December ; " ] ; ; ........ .".... | 24 049 3CL600 39 510 43 466 48,183 47 103 42,126 48,141 49,824 53,'589 53 463 49 441 52,280 53,774 60,368 42,574 52,533 52,621 46,902 MONTHLY AVERAGE COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS. THOUSANDS OF BALES During the past month the Department of Commerce and the Department of Agriculture issued a joint report on the stocks of wool in the hands of dealers and manufacturers on June 30, 1922. This is the first report on wool stocks issued since that for the quarter ending September 30, 1921. The total stocks on June 30, 1922, of wool in and afloat to the United States and including tops and noils was 479,151,184 pounds, grease equivalent. Of this amount 54.8 per cent was foreign wool and 45.2 per cent of domestic origin. Of the total amount 201,225,406 pounds, grease equivalent, w^ere in the hands of dealers, the remainder being held by manufacturers. On June 30, 1921, the total stocks of wool reported by dealers and manufacturers was 443,326,000 pounds, grease equivalent. The report for June 30, 1922, is based on returns from 380 dealers and 622 manufacturers. The totals were exclusive of stocks held by 12 dealers and 5 manufacturers who did not report. The American Woolen Co., which failed to report, is the only one whose figures would seriously affect the totals. Consumption of cotton by textile mills in August showed a large increase over July. The total consumption last month amounted to 527,404 bales, which has not been exceeded in any month since January, 1920. The total consumption of cotton during the first eight months of 1922 has amounted to 3,954,413 bales, or approximately 16 per cent more than was consumed during the corresponding months of 1921. Exports of cotton in August amounted to only 273,308 JAN. FEB. MAR. APR. MAY JUNE JULY AUG. SEPT. OCT. NOV. DEC. JAN. FEB. MAR. APR. _ MAY CD JUNE - JULY AUG. SEPT. OCT. NOV. DEC. JAN. FEB. MAR. APR. — MAY § JUNE *° JULY AUG. SEPT. OCT. **r \~rr Stocks of cotton in mills continued to decline during August. Warehouse stocks, on the other hand, increased slightly for the month, showing the effect of the new crop movement. Stocks in both positions at the end of August amounted to 2,575,000 bales, com™ pared to 4,470,000 bales in storage at the same time a year ago. Exports of cotton cloth amounted to 50,068,000 square yards in August, compared to 60,238,000 square 12 yards in July. Exports of cloth for the first eight the Ohio Foundrymen's Association, increased nearly months of this year have been about 20 per cent 23 per cent in activity during August. larger than during the same period of 1921. There PRODUCTION OP P I G IRON AND STEEL INGOTS, AND UNITED was an increase in the number of active cotton spindles STATES STEEL CORPORATION'S UNFILLED ORDERS. in August and a still greater increase in active spindle II r \ hours. Prices of both cotton and cotton goods showed 10 j / no significant changes during August. \ In the manufactured field there were marked inm 7 1 \\ creases in the production and shipments of knit underI •\ wear in August, compared with July, although new » S 6 y \ l \ i orders received were less than in the preceding month. \ Unfilled orders on hand at the end of August were apY" 2 3 proximately double what they were a year ago. There /•y / *^ ^ 0 A 2 was also an increase in the production of fine cotton r\ 1 goods by New England manufacturers and a large in1 1 ' )OIU crease in the sales movement of these goods compared )ZO iM with July. s • s • s • s i MggS&ii! 1922 1921 MONTHLY AVERAGE 1920 Consumption of raw silk for the month of August Exports of iron.and steel showed a further decline amounted to 34,772 bales, an increase of nearly 40 per during August. Exports, so far this year, have cent over the consumption in July. As a matter of amounted to 1,229,000 tons, or nearly 30 per cent fact, the consumption in August, as indicated by wareless than in the same period of 1921. house withdrawals, is the largest for any month since The prices of all iron and steel products showed an these figures have been compiled. Stocks of raw silk increase during August. The largest increase took also increased during August, with a total of 32,515 place in pig iron prices. The composite figure, as bales on hand at the end of the month. This is a compiled by the "Iron Age/7 showed a rise of 13 per larger stock than has been reported on hand at any time .since the close of 1920. The price of raw silk cent over July. Production, shipments, and sales of sheets increased rose slightly in the New York market during August. during.August, while unfilled orders and unsold stocks METALS. both declined. Sales of structural steel also increased The movement of iron ore on the Sault Ste. Marie during August, compared with July. The tonnage Canal during August totaled 8,937,000 tons or apbooked during the past month was equivalent to 65.2 proximately the same as in July, but more than double per cent of the shop capacity. the movement in August of last year. During the Figures compiled by the Department of Commerce five months in which the canal has been open to from 125 identical fabricators for each of the last five traffic, the iron ore movement has been 42 per cent months indicate the recent trend in this industry. greater than in the corresponding months of last year. The total shop capacity reported by the 125 firms Pig iron production showed a decrease of nearly 25 was equal to 208,245 tons per month. The actual per cent, compared with July. The total production sales were reported as follows: was 1,816,000 tons. Even this reduced figure was FABRICATED STRUCTURAL STEEL SALES, 1922 BY MONTHS. nearly double the production in August, 1921. The production of steel ingots declined from 2,843,000 tons [Reported by 125 firms with a capacity of 208,245 tons per month.] in July to 2,532,000 tons in August. In August last Tonnage Per cent of year the ingot output was 1,301,000 tons. In the booked. capacity. eight months of 1922 ingot production has been 66 per cent greater than in the same period of last year.. April... 181,947 87.4 Miy.... 165,272 79.4 The movement of merchant pig iron, as reflected by June... 149,907 72.0 129,160 62.0 the association reports, also showed a marked decline July... August 135,843 65.2 in August, compared with earlier months. On the other hand, unfilled orders of United States Steel CorCopper production in August totaled 101,188,000 poration continued to increase at about the same rate pounds, which is an increase of 11 per cent over July. as in preceding months. Unfilled orders on hand at This is by far the largest production for any month the end of August totaled 5,950,000 tons, which is during the past two years. Copper production durabout 3 per cent greater than in July. A year ago ing the eight months of this year has exceeded the unfilled orders totaled 4,532,000 tons, and at their output of the corresponding period in 1921 by 51 per recent low point in November, 1921, amounted to cent. Exports of copper were slightly less in August 4,251,000 tons. Foundry production, as reported by than in July, but the total of 62,612,000 pounds, i V \ ! 1 \ ION \ NG )TS — . . - _ • . , . u/ > - • P AUG. SEPT. OCT. ««• i o t o i > - e o o » o JAN. FEB. MAR. "Vs FEB. MAR. - / " 13 compares favorably with other recent months. The production of zinc in August declined slightly, while there was a large drop in stocks on hand. Stocks at the end of August amounted to only 43,250,000 pourfds," which is the lowest reported for any month for several years. There was a marked increase in shipments of zinc from St. Louis, although the receipts at that city declined. Receipts and shipments of lead at St. Louis both showed marked increases during August. The prices of all nonferrous metals were slightly higher in August than in July. The largest increase occurred*in the price of zinc, which rose approximately 10 per cent. FUELS. duction of beehive coke increased in August compared with preceding months, while the output of byproduct coke showed a marked decline. The total coke production from both sources amounted to 2,936,000 tons in July, and 2,332,000 tons in August. The total coke production so far this year is about 30 per cent greater than a year ago. Exports of both bituminous and anthracite coal were slightly larger in August than in July, but in both months the tonnage was comparatively small. Exports of coal so far this year are about 70 per cent less than a year ago. Prices of both coal and coke continued to increase during August. PRODUCTION, CONSUMPTION, IMPORTS, AND STOCKS OP PETROLEUM. The output of bituminous coal in August amounted to 22,328,000 tons, an increase of 31 per cent over the July production. The settlement of the bituminous strike occurred so late in August that it produced very little effect on the month's production. During September bituminous production has been running between nine and ten million tons per week. s / / / COAL PRODUCTION. / ^ CO 5 ONS ( ) / _l 120 i * - ~ ••• >NSUMf TION .' 40 i -rV 1920 192 IS§! MAY JUNE JULY AUG. SEPT OCT. 0 : AUG SEPT OCT NOV DEC 20 FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC The total production of bituminous coal for the first eight months of 1922 amounts to 226,665,000 tons, or 13.4 per cent less than the production during the same months in 1921. The August production of anthracite coal amounted to 161,000 tons, compared to 116,000 tons in July, and 7,459,000 tons in August last year. Sinee the settlement of the anthracite strike in the early part of September production has again returned to approximately 2,000,000 tons per week. The total anthracite production for the eight months of 1922 is 63 per cent below the production in the same period of last year. The pro- P ROOUCTtON MAR APR MAY JUNE •** 1922 The consumption of domestic and imported petroleum for the month of August totaled 50,817,000 barrels, thus establishing another new record in this industry. The production of crude petroleum was slightly less in August than in July, but the total of 46,295,000 barrels is still nearly 6,000,000 above the 14 output for the corresponding month last year. Domestic production in August was about 4,700,000 barrels less than consumption. However, imports of crude, amounting to 8,800,000 barrels, more than made up the difference, so that stocks continued to increase. At the end of August stocks of crude oil totaled 264,780,000 barrels, the largest on record, and equivalent to more than five months' consumption at the high rates shown in the last two months. A further marked decline appeared in the price of crude oil during August. According to quotations on KansasOklahoma crude, the price in July averaged $1.93 per barrel, and in August $1.25, a decline of about 35 per cent. New records were established for the production and consumption of gasoline during the month of July, which are the latest figures available. Gasoline production totaled 569,711,000 gallons, compared to 525,941,000 gallons in June. Consumption in July totaled 556,112,000 gallons, an increase of 60,000,000 gallons over the previous high record attained in June. Stocks of gasoline at the end of July amounted to 772,909,000 gallons, a decline of about 9 per cent during the month. Gasoline stocks at the end of July were about 120,000,000 gallons below the peak reached at the end of April. The production of kerosene during July amounted to 192,924,000 gallons, compared to 173,650,000 gallons in June. Stock increases amounted to 7,000,000 gallons during the month. The production of gas and fuel oil increased about 56,000,000 gallons in July compared with June, and there was a further increase in stocks on hand. The production of lubricating oil also increased during July, but stocks remained practically stationary. STOCKS OF CATTLE HIDES (PACKER) AND PRODUCTION AND STOCKS OP LEATHER (SOLE AND BELTING). PAPER AND PULP. The production of newsprint paper increased more than 10 per cent in August compared with July. The total of 133,236 tons is the largest output recorded for any month in the past three years. Shipments also increased over 9 per cent, amounting to 134,490 tons, thus establishing a new record for this movement in recent years. Stocks of newsprint increased from 231,833 tons at the end of July to 260,111 tons at the end of August. Stocks of newsprint are now the largest they have been at any time since the end of April, 1921. This increase was chiefly due to larger stocks in the hands of publishers and in transit to publishers. The stocks at the mills were less in August than in July. The consumption of newsprint showed a slight decline in August compared to July. August prices showed a tendency to be slightly higher than those in the preceding month. Paper purchased by printers showed an increase in July over June, and was at practically the same level reached in May. Printing activities showed a marked decline compared with recent months, and was on practically the same level as in Juty a year ago. A further marked increase occurred in the production of material for paper-box containers, both corrugated and solid fiber board. Machinery activity in the corrugated board industry was 72 per cent of normal during August, compared to 65 per cent in July and 47 per cent in August of last year, The production of corrugated board in the eight months of this year is more than double the output in the corresponding months of last year. The production of solid fiber board so far this year has been about 30 per cent greater than a year ago. AUTOMOBILES. The production of automobiles and trucks showed a significant increase in August after the decline recorded in July. The total production of passenger cars amounted to 246,941, an increase of 10 per cent over the July production, but considerably smaller than the 263,027 produced in June. August truck production totaled 24,064 machines, compared to 21,357 in July, and the maximum monthly ouptut reached in June of 25,984. THE MOTORCYCLE INDUSTRY. Per i cent of decrease. 1 Number of establishments.. Persons engaged Salary and wage payments. Value of products 22 j 20 3,120 ! 6,411 14,125,361 $7,377,669 $13,567,970 $28,609,327 51.3 44.1 52.6 PRODUCTS. 1922 Motor cycles manufactured: Number Value 26,99J. $6,438,706 59,122 $16,161,623 54.3 00.2 15 Figures compiled by the Department of Commerce in connection with the 1921 census of manufacturers show a very marked decrease in the production of motorcycles compared with 1919. The following table gives a few important comparisons. A more detailed statement may be obtained from the Bureau of the Census. A similar tabulation for the aircraft industry shows that in 1921 there were 19 establishments which reported a total value of all products as $6,616,988, compared with 31 establishments and a total value of products of $14,372,643 in 1919. The following table gives a comparison of the more important figures: upon a demand requiring full running time. The percentage of output for individual establishments ranged from 20 to 90 per cent of their maximum capacity. The results of the 1921 census of the bicycle industry shows a decrease of 61 per cent in the value of products, compared with 1919. The following table gives some of the more important figures from the preliminary announcement on this industry. THE BICYCLE INDUSTRY. 1921 N u m b e r of e s t a b l i s h m e n t s P e r s o n s engaged V a l u e of all p r o d u c t s AIRCRAFT INDUSTRY. 1919 24 ! 31 2,102 '•• 5.789 $9,529,779} $24,496,568 Percent of decrease.1 63.7 61.1 PRODUCTS. 1921 Total, value Airplanes: Number Value Seaplanes: Number Value Under construction: Number Value Engines: Number Value.. $6,616,988 ' 1919 $14,372,643 284 $3,799,340 432 $3,466,452 8 $310,068 230 $4, 580,016 369 ; $959, 567 341 $1,658,670 S22"s96"i S253244 1 Part Number Value All other products, including repair work: Number Value Bicycles: "Number Value Motor cycles and parts, including side and delivery cars, value Bicycle parts, including tricycles, value All other products, including repairs, value. $778,iil $2,6oi,995 $747,312 $1,812,266 i 149,192 . 470,675 68.3 $6,218,394 ; $12,277,341 49.4 ! 47,625 i 34,505 +38.0 1,869,139 ' 4,561,339 59.0 1,394,621 ; 7,623.383 ! 81.7 A plus sign (-f) denotes increase. The returns indicate that the combined output of all establishments in this industry was only approxim a t e l y 38 per cent of t h e m a x i m u m capacity, based u p o n a d e m a n d requiring full running time. T h e p e r : c e n t a g e of o u t p u t for individual establishments ranged from 20 to 90 per cent of their m a x i m u m capacity. BUILDING OPERATIONS. The cost of building construction as measured by the various cost index n u m b e r s continued t o rise during August. T h e cost of building m a t e r i a l s t o contractors, as r e p o r t e d to t h e D e p a r t m e n t of Comj merce from some 30 cities, showed continued s u b ; s t a n t i a l increases. T h e index n u m b e r for t h e cost of | m a t e r i a l in a six-room frame house increased from 181 in J u l y t o 189 in A u g u s t ; for a six-room brick house t h e index in material cost rose from 184 in The combined output of all establishments was approximately 27.6 per cent of the maximum capacity, based upon a demand requiring full running time. The percentage of output of individual establishments ranged from 5 to 75 per cent of their maximum capacity. A preliminary report from the Census on the typewriter industry in 1921 indicates that there was a decrease of about 21 per cent in the value of the products compared with 1919. The following table July to 193 in August. In both instances the average gives some of the more important figures from this | for 1913 is taken as 100. Concrete factory cost, report. according to the index compiled by the Aberthaw TYPEWRITERS AND SUPPLIES. Construction Co., rose from 174 at the end of July to i 190 at the end of August. Increases in the price of Per cent • both materials and labor were responsible for this of de1921 1919 crease. | rise of over 9 per cent during the month. Contracts awarded for building construction in the Number of establishments 74 88 j 15.9 Persons engaged 15,105 18,074 16.4 27 northeastern states increased in the amount of Salary and wage payments $17,739,607 $21,079,171 I 15.8 Value of products 41,621,047 52,737,661 j 21.1 floor space in August, compared with July. The PRODUCTS. I ! totals for the last three months were 60,526,000 square Typewriters: i Number 538,354 j feet in June, 51,705,000 square feet in July, and Value $30,620,664 | Typewriter parts, value 1,182,029 i i 54,019,000 square feet in August. The chief increases Carbon paper, value 3,239,483 Typewriter ribbons, value 4,707,185 in August occurred in industrial buildings and social Other typewriter accessories, value 316,834 All other products, including repairs, value. 1,5-54,852 ! • and recreational buildings. There was a slight decline | in the amount of floor space in the contracts for The returns indicate that the combined output of all residential buildings during xlugust, although this establishments in this industry was only approxi- latter class still constitutes nearly 45 per cent of the mately 54.5 per cent of the maximum capacity, based total floor space of all buildings. 16 In spite of the increase in floor space noted above, the total value of contracts awarded in August was only $322,007,000, compared to $350,081,000 in July. This decrease in the total cost of buildings contracted for, in spite of increase in square feet, indicates a cheaper type of construction during August, although, as pointed out above, the cost of both building material and labor rose during the month. cent less than in July. There was also a slight decline in production of North Carolina pine. In most instances shipments were considerably heavier in August than in July, while stocks showed a tendency to decline. On the other hand, there were increases in the mill stocks of southern pine during August. The price of lumber continued to increase during August. According to the quotations shown on Douglas fir, this species increased $2 per thousand feet during the VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES. month. Production, shipments, and orders received M I L L I O N S OF SQUARE FEET for both oak and maple flooring showed a marked 50 60 1919 M O N T H L Y increase during August. Stocks on hand and unfilled AVERAGE 1920 M O N T H L Y orders at the end of the month increased in the case of AVERAGE 1921 M O N T H L Y oak flooring but declined in the maple flooring indusAVERAGE try. The production of oak flooring for the eight JANUARY FEBRUARY months of this year is more than double the output of MARCH 1921. During the same period, mapleflooringproAPRIL duction has increased 43 per cent. MAY O JUNE A preliminary report from the Bureau of the Census, — JULY Department of Commerce, prepared in cooperation AUGUST with the Forest Service, United States Department SEPTEMBER OCTOBER of Agriculture, shows that the lumber cut of 710 large NOVEMBER sawmills in 1921 was 4.2 per cent less than the cut DECEMBER of the same mills in 1919. The total cut of the 710 JANUARY Y////////A PUBLIC AND I I SEMIPUBLIC mills in 1919 was 13,929,697,000 board feet, and in FEBRUARY MIARCH 1921 it was 13,351,595,000 board feet, a decrease of APRIL 578,102,000 board feet. _ MAY The 710 mills included in this report represented S JUNE JULY about 40 per cent of the total lumber cut in the AUGUST United States in 1919. These mills are located in SEPTEMBER 33 states and consequently reflect conditions in OCTOBER NOVEMBER practically all important lumber regions of the DECEMBER country. JANUARY It is of particular interest to note that mills in the FEBRUARY principal southern pine producing states show increases MARCH , APRIL while those in the north and west generally show • A1AY decreases, but since the cut of these large mills, conJUNE JULY sidered as a whole, decreased but slightly from 1919 AUGUST to 1921, it appears reasonable to assume that the For the eight months of 1922 contracts awarded in total lumber cut for 1921 did not differ greatly from the territory covered have totaled 396,314,000 square that reported for 1919. The production and shipments of clay fire brick feet valued at $2,368,710,000. Compared with the increased in August, compared with July. There was same period of 1921, these figures represent an increase a decline, however, in the case of silica brick. The of 70.8 per cent in floor space and 57.9 per cent in production of cement in August totaled 11,664,000 value. Considering the year to date, the largest inbarrels, making another new record for this industry. crease has occurred in industrial buildings, with resiShipments also increased, while stocks showed a dential buildings occupying second place. further seasonal decline. Fire losses in August totaled $21,580,000, a decrease In the sanitary enamel ware industry, shipments of 41 per cent, compared with the very high figure in August increased over July, while stocks and new shown in July. Fire losses so far this year have been orders received declined. The output of this industry 12 per cent greater than in the same months of 1921. has in some instances been more than double the BUILDING MATERIAL. production during the same months of last year. There was further increase in the production of Another large increase also occurred for the orders most species of lumber during the month of August. received for sanitary pottery during August. These Production of Douglasfirshowed a very slight decline, were approximately 33 per cent greater than orders while the northern pine lumber output was 20 per received during July. 17 NAVAL STORES. Net receipts of both turpentine and rosin at the three principal ports were greater in August than in July. Stocks of turpentine increased nearly 57 per cent during the month, although stocks on hand are still only about one-half as great as a year ago. Stocks of rosin showed an increase of 7 per cent during August, making the total amount on hand approximately the same as in August last year. The total production of turpentine so far this year has been 8 per cent less than in the same months of 1921. During the same period rosin production has shown an increase of 41 per cent over the 1921 figures. CEREALS. Exports of wheat and flour in August were equivalent to 38,964,000 bushels of grain, an increase of more than 100 per cent over July. This increase is due very largely to the seasonal effect of the new crop movement. In August last year exports of wheat and flour totaled 66,963,000 bushels. Exports in the eight months of this year have totaled 141,120,000 bushels, which is about 44 per cent less than the exports during the same months of 1921. Receipts and shipments of wheat at the principal markets showed large seasonal increases during August. The visible supply also increased about 9 per cent during the month. In every instance the movement this year is less than the corresponding month a year ago. The decline in price which continued during August is no doubt responsible for the smaller movement of wheat this year. The price of wheat in Chicago declined about 8 per cent during August, while the price of flour decreased approximately 10 per cent. Exports of corn, including meal, amounted to 12,325,000 bushels in August, compared to 14,395,000 bushels in July. Exports of corn for the eight months ending with August have been more than 50 per cent greater than in the corresponding months of last year. Receipts and shipments of corn at the principal markets showed further seasonal declines during August. The grind of corn by starch and glucose manufacturers amounted to 5,650,000 bushels in August, which is the largest for any month since March of this year. The price of contract grades No. 2 corn at Chicago declined about 2 cents a bushel during August. In connection with the manufacture of corn sirup (glucose) and starch the Department of Commerce has issued a preliminary statement from the 1921 census of manufactures showing a decline in value of products of 57 per cent, compared with 1919. The returns indicate that the combined output of all establishments in this industry was only approximately 47 per cent of the maximum capacity, based upon a demand requiring full running time. The percentage of output for individual establishments 13170—22 3 ranged from 10 to 100 per cent of their maximum capacity. CORN SIRUP (GLUCOSE) AND STARCH. 1921 Number of establishments.. Persons engaged Salaries and wages Value of products 1919 39 7,095 $10,073,090 80,063,149 56 8,694 $14,174,845 186,256,260 764,276,453 172,506,708 152,055,872 963,790,941 451,350,694 157,276,442 860,224,469 9,176,927 25,055,736 18,840,824 11,681,366 32,966,027 396,340 31,478,190 727,962,234 16,477,186 39,073,667 28,757,233 12,516,261 61,661,977 452,735 45,198,630 PRODUCTS. Glucose: For sale, pounds Made and consumed, for sirups, etc., pounds. Grape sugar, pounds StarchCorn, pounds Potato, pounds Other starches, pounds Dextrin, pounds Corn oil, gallons Corn-oil cake and meal, pounds Stock feed, tons Sirup, gallons Exports of oats, including meal, showed a marked decline in August compared with the high points reached in June and July. On the other hand, exports of this cereal are still well above the average. Exports for the eight months of 1922 have totaled 22,887,000 bushels, or more than 300 per cent greater than the exports in the same months of last year. There was a marked increase in the exports of rye, including flour, during August, compared with July, but at 4,623,000 bushels, this movement is not as large as in the months of May and June. There was a slight decline in the August exports of barley. The exports of all cereals, including flour and meal as grain, were equivalent to 60,284,000 bushels in August, compared to 43,438,000 bushels in July, and 90,323,000 bushels in August a year ago. Measured in this way, our cereal exports so far this year are about 10 per cent less than in the same period of 1921. MEATS. Receipts, shipments, and slaughter of both cattle and hogs showed marked seasonal increases over the low point reached in July. In every instance the movement this year was considerably heavier than in the corresponding months of last year. The increase in the shipment of stocker and feeder animals is of considerable significance. For the eight months of this year this movement has exceeded the corresponding period of last year by 35 per cent in the case of cattle and 19 per cent in the case of hogs. Exports of beef products totaled 13,751,000 pounds in August, which is about 10 per cent less than in July. Exports of beef so far this year are about 8 per cent less than a year ago. Cold-storage holdings of beef at the 1st of September totaled 48,225,000 pounds, compared to 67,337,000 pounds at the same time last year. Prices of cattle at Chicago showed a significant increase during August. Exports of pork products in August amounted to 127,667,000 pounds, a decrease of 4.3 per cent over 18 July exports. Pork exports so far this year are 19 per cent less than in corresponding months of 1921. There was a further decline in cold-storage holdings of pork products, bringing the total to 138,255,000 pounds. There was another marked decline in the Chicago price of hogs, but the price of fresh pork continued to increase. INSPECTED SLAUGHTER, CONSUMPTION, AND COLD-STORAGE HOLDINGS OF BEEP PRODUCTS. 1 \ >< 1 ""1 iA °! "'lir r A1 i Avl 'V UGH'TER SLA V ' uV \ « \ \ \ 100 j — \ IN | \ -1 1915 1916 1917 1918 19 19 MONTHLY 1920 192 AVERAGE 5=is 1920 is; FEB 13 19 14 IS [ ; 1 I u ID = 1921 AUG. i SEPT JJ 1922 INSPECTED SLAUGHTER, CONSUMPTION, EXPORTS, AND COLDSTORAGE HOLDINGS OP PORK PRODUCTS. V A _\ MOO r IMPORTS, MELTINGS, AND STOCKS OF RAW SUGAR. ? I I \ 900 i "**• j 7 o7 O 600 1 / \ 300 # JJ. ICO / \' i TT £\ \ \ ,' 500 v' Ul 1 450 400 i 1 ,1(11 ' r 1 I! \\ j-4 350 *, 1 1 Ij 1919 19 MONTHLY AVERAGE 1920 0 300 o JIHIS i 1921 Receipts and shipments of sheep and lambs showed further increases in August compared with the movement in recent months. These movements, however, are not as large as in the corresponding months of last year. Cold-storage holdings of lamb and mutton showed slight increases in August, while prices of both sheep and lambs in Chicago declined. Receipts of poultry in the principal markets and coldstorage holdings at the 1st of September both showed significant decreases compared with the month before. 1 550 \. \ / OCT. 1915 1916 1917 1918 1 I \ lr v .\ \ \ \! t ft I 0 <9 13 19 4 600 i \ t' t*W /' / \i' t i —,1 *&.\ i r ri OCT. IUJ 1 \ J/ft I 1 I 0 250 I \ v\ i '( i i A / i i /\ / \ I 1 / \ 11 1 \ » ij Ai \| 1 i 150 i \l \ \ ^ / / 1 V / 1\\ 1 ^ I w Of » r 100 f V \/ 1 fN - /T \ \ / / 60 1919 1920 1921 z MONTHLY AVERAGE isii : c MAR. §"* APR. MAY JUNE JULY (VUG \ f DEC. JAN. \M — JULY AUQ. 8EPT. OCT. L \ i _ MAY A? S JUNE > / '$ JAN. FEB. MAR. / JUNE JULY AUQ. */ •SO §"" f \ Receipts of butter, cheese, and eggs at principal markets each showed marked seasonal declines in August compared with July. Cold-storage holdings of creamery butter and American cheese each increased in August and were considerably above the holdings a year ago. Storage holdings of case eggs reached their maximum as usual on August 1 with a total of 10,161,000 cases or nearly 3,000,000 cases more than at the same time a year ago. (See diagrams on p. 6.) The average wholesale price of butter at the principal markets showed a slight decline in August. The price of cheese remained unchanged. Exports of condensed and evaporated milk increased in August, compared with the low point reached in July. Total exports amounted to 11,247,000 pounds. Meltings of raw sugar in August totaled 540,024 tons, compared to 530,334 tons in July and 414,545 tons in August last year. The total for the first eight months in 1922 have exceeded meltings in the same period in 1921 by 56 per cent. Stocks of raw sugar in hands of refiners declined approximately 15 per cent during August. Stocks of raw sugar at Cuban ports totaled 460,987 tons in August, compared with 650,164 tons in July. A slight seasonal increase occurred in the movements of the Louisiana crop in August. Total receipts for the month month amounted to 3,939,000 tons. MAR. APR. 900 OTHER FOODSTUFFS. 19 Traffic through the Sault Ste. Marie Canal amounted The Department of Commerce has issued the first of a series of monthly reports on the production and to 10,286,000 tons in August, or only a very slight stocks of sugar based on returns to the Bureau of the increase above the July figures. The August traffic Census. This report, which covers the month of July, was nearly 3,000,000 tons greater than the tonnage carried in the corresponding month last year, but in is as follows: August, 1920, the total tonnage going through this PRODUCTION AND STOCKS OF SUGAR. canal was 12,425,000. SUGAR REFINERIES.—The quantity of sugar refined during July (including reports received from all refineries in the United States except Arbuckle Bros., of New York), amounted to 500,116 short tons. Sales of granulated sugar by refiners during the month amounted to 492,634 tons, of which quantity 432,417 tons were for domestic consumption and 60,217 tons for export. Refiners' stocks of granulated sugar at the beginning of the month amounted to 127,070 short tons, as compared with 95,889 tons at the end of the month. Raw sugar received by refineries during the month comprised 561,538 tons of imported sugar and 1,433 tons of domestic raw sugar, while 538,328 tons of raw sugar were used for refining. Stocks of raw sugar held by refiners increased from 300,163 tons on July 1 to 324,763 tons on July 31. RAILROAD TRANSPORTATION. There was a continued improvement in the railroad freight situation through August. The weekly average car movement for the month was 895,591, which was a net increase of 8 per cent over the preceding month, and 10 per cent greater than in August last year. Since the close of August there has been a still further increase in the amount of freight loadings. The report for the week ending September 16 shows 945,919 cars loaded, which was in excess of any similar period this CANE-SUGAR FACTORIES.—Since but few of the cane-sugar facyear, and in 1921 was exceeded only twice during the tories were in operation during July the production was small, month of October. A few weeks ago the railroads reamounting to only 4,447 short tons. The stocks of all kinds of ported a large number of surplus idle freight cars. At sugar held by cane-sugar manufacturers on July 1 amounted to the end of August this year only 70,455 surplus cars 12,407 short tons, as compared with 10,660 tons on July 31. BEET-SUGAR FACTORIES.—No beet sugar was manufactured durwere reported, compared to 174,92^at the end of July, ing July, 1922, but the stocks held by beet-sugar manufacturers and 246,74t) cars at the end of August last year. On were reduced by sales and by deliveries on previous sales from the other hand, a real shortage of cars has developed, 149,786 short tons on July 1, to 88,289 tons on July 31. Practically and in recent weeks the number of cars requested by the entire stocks were granulated sugar. shippers which could not be furnished by the railroads WATER TRANSPORTATION. was greater than the number of idle cars reported. Traffic through the Panama Canal in July showed a very marked increase compared with June. The total SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL LOADINGS OF FREIGHT CARS. cargo traffic amounted to 1,211,000 tons, and is the largest reported for any single month since the canal \ has been in operation. The increase in July traffic \ — \ \ compared to June was largely due to the greater tonJ/d \ \ \ nage carried in British vessels. 950 / " j' £ 900 850 y 800 ENTRANCES AND CLEARANCES OF VESSELS IN UNITED STATES FOREIGN TRADE, AND SHIPS UNDER CONSTRUCTION. / \\ / / i it to I 750 \ / v A A \ x 1—• , 1 -v— \/ V 700 d 1 1 650 <DA to 600 - 550 is ft o O co 4 o f/z V 1 i 300 _L L— —u 250 300 T 150 BAD A. 100 5 C 4 50 y —1 JULY JULY JAN. APR. 1920 W21 0 I I i 1022 \ :t -— - V *R SHORTAGE >- a < 1920 i —1 T" 1 — o 1917 1918 1919 1920 1921^ MONTHLY AVERAGE % - K i r — fV"* ~^°/f— -H ft jj 3 i i t 350 — 1 A \ \ Q V V U: r~ 5/1 \ o / Is 500 c 2 « i APR. I CO / \J / 'f \V — \ \I ~ \ . * • 1922 The total operating railroad revenue for July amounted to $443,183,000, a decline of about $30,000,000 compared with June. This decrease all occurred in the freight revenue, and was, no doubt, partly accounted for by the decrease in freight rates which went into effect July 1. Railroad operating 20 expenses in July were $243,726,000, a decline of about $20,000,000 below tke preceding month. The net operating income for July was $69,239,000 compared to $76,594,000 in the preceding month, and $69,324,000 in July last year. The total net operating income for the first seven months of this year for class 1 roads amounts to $418,271,000, which represents an increase of 94.8 per cent over the corresponding periods of 1921. LABOR. Department store sales increased over the low point reached in July, but are still considerably below those of the early summer months. Magazine advertising for the month of September showed an increase of nearly 20 per cent over the preceding month. Newspaper advertising for August was slightly less than in July, but greater than at this time a year ago. There was also a marked increase in postal receipts during August. The total, amounting to $21,372,000, was about $2,000,000 greater than the receipts in August last year. There was a further increase in the number of workers employed in both New York and Wisconsin factories. Average weekly earnings in Wisconsin and the total factory pay roll in both New York and Wisconsin showed significant increases. Unemployment in Pennsylvania continued to decrease. The total number of workers seeking positions through all State and municipal agencies in August of this year was 82,790, compared to 282,125 in August last year. Immigration showed a further small increase in August, while emigration continued to decline. The total interest-bearing debt of the United States showed a slight increase in August. Both customs receipts and total ordinary receipts were considerably larger than in the preceding month. Disbursements in August were on practically the same level as in July. Total disbursements for the first eight months of 1922 have been about 33 per cent less than the disbursements in the same period of 1921. The amount of money in circulation showed a slight increase in August for the first time in several months. IMMIGRATION, EMIGRATION AND IMMIGRATION QUOTA. BANKING AND FINANCE. -—I \\ 1 t: 100 Debits to individual bank accounts declined both in New York City and outside during the month of August. A part of this, no doubt, is due to seasonal influences and a part to the contraction of business caused by labor difficulties. Both debits and bank clearings were considerably higher than in the corresponding month last year. 1 1 ft im i / - BO 1 — Q J A ."» K 80 - \ y 7" 1 30 1 MONT V to PUBLIC FINANCE. TA ' QUC 10 BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL RESERVE BANKS. 28 19 MON1 1920 192 AGE ( 1 • 1 ! i 1921 26 DISTRIBUTION MOVEMENT. 24 The combined sales of the two large mail-or^er houses showed a slight increase in August, although the volume of sales was much smaller than in May or June. Chain store sales also increased in August, the only exception being chain shoe stores, which showed a further seasonal decline. 22 iSALES OP MAIL-ORDER HOUSES A N D CHAIN STORES. • 5 25 __. 5 20 - ^ — f' > I e i /'" MONTHLY AVERAGE z o % s 18 Vo V 16 14 \ 12 \ 4 J -4- i I : i \ — i 2 vA '* > o = OCT. a a 1921 > 20 \ 1} — < V \V 6 —-pi ._ 0 \ \ m — 5 / / * 1 10 \ \ k— V V 30 j io I* 35 i> / ] 0 It 1* = ! i5 z a z a: 5 S -9 < 1920 ! i 13 1921 i i5 5 CC ^ < j D =9 1922 H O O 21 LOANS AND DISCOUNTS AND TOTAL INVESTMENTS OP FEDERAL RESERVE MEMBER BANKS. The number of failures reported for August was 1,714, which is a slight decline compared with June and July. Liabilities, however, were slightly greater in August than in the two preceding months. Although in number, failures are considerably above what they were in the corresponding months last year, they are very much less both in number and in liabilities than at the beginning of 1922. £07 DIS COUNT; CO a. 10 < o o li. o CO z o b 1 y M E NTS • * m •• ,.— i ^ ^ BUSINESS FINANCES. j TOT . »•* NUMBER OF BUSINESS FAILURES AND AMOUNT OF DEFAULTED LIABILITIES. . j 2 92! AUG. JULY JUNE MAY MAR. FEB. JAN. NOV. DEC. OCT. AUG. SEPT. JULY MAY JUNE APR. FEB. MAR. t 1922 LIFE INSURANCE. Reports compiled by the principal life insurance companies showed a decrease of 5.7 per cent in the amount of new insurance written in August compared with July. The total insurance written by these companies, which represent about 77 per cent of the total insurance outstanding, has amounted to $4,167,775,000 in the first eight months of this year. This is an increase of more than 9 per cent over the new business written in the corresponding part of 1921. The largest increase has occurred in group insurance, which for the eight months is 114 per cent greater than a year ago. niinnmmiinnmuiUHmif 0561 IONS Bills discounted by the Federal reserve banks showed a slight increase in August. The amount of discounted paper held by the reserve banks has been decreasing steadily for the past two years. This is the first indication of a turn in the opposite direction. There was no significant change in other Federal reserve bank movements during August. The reserve ratio remained unchanged at 79.2. Federal reserve member bank loans and discounts showed a very slight increase in August, while member bank investments continued to increase at a more rapid rate. Interest rates, both for call and time loans, rose slightly during August. Savings bank statistics from seven Federal reserve districts showed that deposits increased in four districts, declined slightly in one (Philadelphia), and in two districts showed no change. There was a further slight decline in United States postal savings. F22 c 2 co "I 3 "° « On Dividend and interest payments in August showed a marked increase over the low point reached in July. Total payments amounted to $242,075,000. Dividend and interest payments for the first eight months of this year have been only four-tenths of 1 per cent greater than in the same period in 1921. New capital issues showed a further decline in August and are the lowest for any month since February. There was a further increase in the price of both industrial and railroad stocks on the New York Exchange. The increase during the month of August was roughly about 5 per cent. Total sales of stock in August amounted to 17,850,000 shares, or 2,700,000 shares more than in July, and some 7,000,000 shares more than in August last year. Sales of stock in the 22 New York Exchange for the eight months of 1922 are more than 50 per cent greater than in the same months of last year. Bond sales also showed a marked increase over the preceding month, although Liberty-Victory issues were less active. The total sales of miscellaneous bonds in August amounted to $222,863,000, compared with sales of only $100,246,000 in August last year. Sales of miscellaneous bonds for the eight months of 1922 are 121 per cent greater than the sales in the same eight months of 1921. Bond prices continued to rise. The combined index for price and yield of 40 representative bonds showed an increase of 2 per cent for the month. Receipts of gold at the mint showed a marked increase over any recent month. The Rand output was also the largest since the labor disturbances some months ago. Imports of gold showed a marked decline in August compared to July. Silver production in August amounted to 5,562,000 fine ounces, which is an increase of 28 per cent over the July production and is the largest for any month for more than a year. August imports and exports of silver were considerably less than in the preceding months. The price of silver both at New York and at London declined. INDEXES OF PRODUCTION AND MARKETING. In recent numbers of the Survey there have been published detailed discussions of certain index numbers of production and marketing dealing particularly with raw materials. The following tables give the recent figures for each of these index numbers, compared with the corresponding months of 1921. The methods of compiling these indices and the weighting factors used are discussed in detail in the issues of the Survey referred to. I N D E X OF MINERAL PRODUCTION. (1919 average=100.) 1 1920 5 • 120 Hi > r 319 AV E R A G E 2 100 X " ^ . «< > gao Z 60 IMPORTS AND EXPORTS OF THE UNITED STATES. ui z > O D o 8! Z I N D E X OP PRODUCTION OP R A W MATERIALS. 1 [Relative production 1919-100.] 19252 1921 July. 1913 1914 1915 19IG 1917 1918 1919 1920 1921^ MONTHLY AVERAGE 5 e- v ,_ < i o i i t Total. Minerals (total). Animals Crops Forestry 1 Aug. May. June. 95.9 110.2 95.2 91.2 91.3 90.9 102.1 86.9 97.0 96.4 126.5 93.0 72.7 119.6 85.7 122.1 86.0 113.6 75.4 126.9 July. Aug. i 84.5 105.7 79.4 91.4 101.0 1 For complete table and discussion see September (No. 13) issue of the Survey. 23 INDEX N U M B E R S OF M I N E R A L PRODUCTION.1 [Relative marketings 1919-100.] [Relative production 1919=100.] 1921 Total production Petroleum . Bituminous coal Anthracite coal Iron ore Copper Lead Zinc Gold. . Silver . Total, excluding lead, gold, and silver Aug. May. June. July. 91.3 97.0 72.7 85.0 84.5 91.4 130.1 147.6 53.7 90.5 98.0 0.5 100.6 i 31.7 20.0 1I 85.9 93.2 108.1 38.8 72.7 94.5 83.1 90.2 85.1 144.7 58.4 1.1 151.4 88.8 108.2 151.3 78.0 100.8 148,0 44.5 1.6 205.3 84.9 107.4 169.4 93.8 91.9 147.1 58.5 2.2 205.2 94.4 118.4 166.7 104 8 117.7 1 1 97.2 91.5 71.9 1 84.6 84.0 90.5 I N D E X OF M A R K E T I N G S OF A N I M A L P R O D U C T S . Grand total Corn Wheat Oats Barley Rye Rice Total grains Potatoes (white) Sweet potatoes .. Tomatoes Onions Cabbage Celery Total vegetables 1 [Relative marketings 1919= 100.] 1922 July. Aug. May. June. July. 90.9 96.4 119.6 113.6 105.7 138.5 65.4 72.9 78.4 95.0 52.5 86.3 129.6 153.3 91.0 71.1 110.4 92.6 76.4 99.5 119.0 93.8 91.5 100.0 74.7 i 217.8 73.5 ! 87.4 i. 132.4 164.3 85.7 101.0 75.1 162.4 81.8 90.8 132.1 227.3 83.3 79.7 74.0 131.3 84.4 107.9 128.8 Aug. Wool Cattle and calves Hogs Sheep . . . . Eggs Poultry Fish Milk 1 ii 101.0 Cotton Cotton seed 104.7 81.3 86.1 86.5 78.6 116.2 122.9 Hay Tobacco Flaxseed Cane sugar For complete table and discussion see June (No. 10) issue of the Survey. I N D E X OF FORESTRY May. June. July. '102.2 '126.8 85.7 '75.7 79.4 173.2 125.5 87.3 29.5 35.9 195.9 218.0 211.2 82.5 155.7 160.9 180.6 92.3 101.5 37.9 114.4 14.9 207.8 66.7 91.1 42.2 45.7 7.3 3.5 162.6 192.6 131.7 53.2 3,53.2 73.7 160.8 205.9 111.0 99.5 125.9 177.8 ' 113.6 ' 107.4 '21.3 '170.7 88.6 ' 153.9 117.4 85.1 22.0 '66.9 25.5 '48.8 135.4 «148.2 '122.5 53.9 '21.6 533.3 338.8 9 499.3 * 154.6 131.0 «54.4 74.6 191.6 ' 110.2 28.1 71.7 36.1. 17.5 115.9 156.9 190.6 126.2 62.2 62.9 104.7 > 107.3 147.6 '160.8 '112.3 121.5 17.1 '17.5 49.8 35.1 ' 284.2 25.6 '128.0 '280.3 66.9 '71.4 '44.8 114.5 a 133.5 '10.6 167.7 ' 659.8 ' 476.5 118.1 '599.2 '659.0 7.0 '571.0 '511.4 '325.9 1.3 1,891.9 396.7 5.6 93.2 160.1 '90.0 »111.3 >130.5 69.7 418.3 35.3 138.6 725.2 329.5 307.1 59.0 37.0 56.5 51.9 55.7 48.1 14.9 118.9 54.0 57.8 64.4 84.4 49.4 33.3 61.7 57.8 17.8 Total cotton products ... .... Total miscellaneous....... Aug. 117.8 196.9 115 0 39.7 64.1 63.2 «18.0 '364.3 93.8 » 16.8 178.6 »771.3 ' 470.1 2.7 Apples Peaches Citrus fruit Grapes Pears Watermelons Cantaloupes Strawberries Total fruits Total Aug. July. Aug. For complete table and discussion see September (No. 13) issue of the Survey. 1921 1922 1921 1922 July. 127.9 79.6 96. 0 100.0 16.6 85.9 41.1 89.8 82.6 MARKETINGS.1 I N D E X OF CROP 147.5 48.2 6.1 37.3 4.3 51.5 2.5.8 48.7 41.8 32.4 47.7 53.8 1.6 49.8 14.6 69.2 1.5 48.5 25.3 49.8 2.4 27.5 32.0 69 7 22.8 28.9 22.3 3.8 51.3 48.3 1 For complete table and discussion see July (No. 11) issue of the Survey. «Revised figures. PRODUCTION.1 PRODUCTION.1 I N D E X OP M I N I N G [Relative production 1919-100.] [Relative production 1909-1913-100.] ' Yellow pine Western and sugar pine and white fir. . . . Douglas fir Redwood .. TTftmlnrV _ Aug. i May. June. July. 92.2 1 98.2 • 121.9 111.7 74.0 94.5 64. 1 78.6 Total lumber 86.7 Grand total 1 1921 ; July. Maple, birch, and beech Pulp wood Onm.. Distilled wood 1922 1921 51.3 196.0 23.3 86.9 127.1 115.2 109.3 140.2 '162.2 89.2 132.5 126.0 142.5 ! 184.7 145.4 69.0 ! 87.3 117.3 53.0 85.6 75.1 146.0 129.1 114.9 89.0 63.2 120.7 '127.7 116.0 92.8 62.5 117.2 190.4 ! 177.7 24.8 j 64.9 93.0 109.2 193.1 58.7 92.1 193.9 Aug. 122.6 129.0 207.5 122.1 '127.8 Aug. May. June. July. Aug. Total 96.0 102.2 '80.1 97.2 '98.6 106.8 Petroleum... 222.7 85.6 97.9 112.3 18.6 94.7 65.7 57.0 77.3 226.6 97.2 100.0 113.0 22.4 102.8 61.9 60.0 79.6 257.1 57.7 252.0 62.8 256.1 72.6 35.6 '96.3 « 119.2 116.1 52.7 84.4 257.8 47.9 » 1.6 230.6 '95.2 '118.4 269.0 59.6 86.0 90.9 106.3 «81.5 100.9 •101.9 109.7 Bituminousonftl., , Anthracite coal.. Iron ore For complete table and discussion see August (No. 12) issue of the Survey. « Revised. July. 1929 t .... . . . Lead Zinc Gold Silver Total, excluding lead, gold, and silver .5 1.2 169.9 '99.6 119.3 241.7 49.6 94.3 1 For complete table and discussion see May (No. 9) issue of th« Surrey. » Revised. 2.2 230.4 105.8 130.6 266.4 66.6 110.2 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. The numerical data for the latest months are given and in addition index numbers for the last four months and for two corresponding months of a year ago. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness of their publication or publication at other than monthly intervals; therefore the following explanations of the various headings are offered to make clear such distinctions and in general to facilitate the use of the table: July, 1922.—This column gives the July figures corresponding to those for August shown in the next column—in other words, cover the previous month, and in some cases, where indicated by a footnote, refer to the previous quarter; that is, ending June 30, 1922. August, 1922.—In this column are given the figures covering the month of August, or, as in the case of stocks, etc., the situation on August 31 or September 1. In a few cases (usually where returns are reported quarterly only) the figures are for the quarter ending July 31 or the condition on that date. Where this column is left blank, no figures for August were available at the time of going to press (October 7). Corresponding month, July or August, 1921.—Thefiguresin this column present the situation exactly a year previous to those in the "August, 1922," column (that is, generally August, 1921), but .where no figures were available for August, 1922, the July, 1921, figures have been inserted in this column for comparison with the July, 1922, figures. In the case of quarterly figures, this column shows the corresponding quarter of 1921. Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total for the first eight months of the calendar years 1921 and 1922, respectively, except where the August, 1922, figures are lacking, in which case the cumulative total for seven months in each year is given. Percentage increase (-}-) or decrease ( —) cumulative 1922 from 1921.—This column shows the per cent by which the cumulated total for the first eight months of 1922 is greater ( + ) or less ( —) than the total for the corresponding period of 1921. Base year or period.—For purposes of comparison with a previous more or-less normal period, all items, so far as possible, are related to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period stated in this column. Wherever possible, the year 1913 is taken as a base, and if no prewar figures are available, 1919 is usually taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even 1921 and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more representative year has been chosen. Index numbers.—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be usedtocompute the approximate per cent increase or decrease from one month to the next. Percentage increase ( + ) or decrease ( —) August from July.—The last column shows the per cent increase or decrease of the figure for the last month compared with the preceding month. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (t) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly August, 1&2 issue of the SURVEY (NO. 12). TEXTILES. Wool. Consumption by textile mi I K . . -thous. of lbs.. Spe text Receipts at Boston: Domestic .thous. of lbs.,! 40,516 | Foreign . . . . . . , .thous, of lbs. J 30,791 I Total ..thous. of lbs., j 71,307 , Imports, unmanufactured. . .thous of lbs.. 33,484 | Machinery activity: | Looms, wide per ct. of hours active.. j 62.8 Looms, narrow per ct. of hours active.. j 62.5 Looms, carpet and rug per ct. of hours active.. I 70.4 Sets of cards per ct. of hours active.. i 88.2 Combs per ct. of hours active.. j 80.4 Spinning spindles— | Woolen per ct. of hours active.. j 86.0 I Worsted per ct. of hours active..; 66.1 i | Looms and spindles: i Woolen spindles, .perct. of active to total..; 84 ! Worsted spindles.per ct. of active to total..' 68 Wide looms per ct. of active to total.. i 64 Narrow looms... .per ct. of active to total.. ! 72 Carpet looms per ct. of active to total.. 78 prices: i Raw wool to producer, all grades dolls, per l b . . .325 j Unwashed, fine Ohio, Boston.dolls, per l b . . .48 1 Corresponding month, July or August, 1921. 21,809 20,825 42,635 34.472 27.327 3,967 31,294 15,867 63.6 .58.3 69.0 76.8 88.8 85.5 78.9 :1 (-> 1921 1922 92,039 185,591 277,631 273,455 156,106 161,735 317,842 249,897 > 69.9 — 12.9 •+ 14.5 '— 8.6 ' '• - . •' 78.8 88.5 ! 83 75 65 68 79 78 92 78 1 72 60 .316 .48 or decrease 124 ! 460 ! 218 261 2 1 7 ' 300 140 ! 583 162 1—46.2 395 |— 32.4 195 | 380 272 jj— 40.2 134 i 265 272 | + i 1920-21 || 130 | 126 i 1920-21 j! 127 ; 124 102 99 105 103 I 104 I+ 108 ' 112 j 105 1 163 143 103 156 152 | 166 i 145 140 | 141 ; 1913 1913 1913 1913 |! 1 8 3 ; 203 47 ! 75 145 I 167 74 j 125 1920-21 11 1920-21 1! 114 154 .28 jj ! 3.0 1.0 -6.3 105 . 104 ! 111 ! 9.2 0.7 6.7 124 140 123 | 91 142 136 96 | 92 136 100 0.0 8.7 100 i 112 | 109 92 92 86 86 92 99 115 ; 115 108 101 - 0.9. + 9.8 + 2.3 - 6.1 + 0.9 91 s 124 ; 118 i; 1920-21 i 126 i 1920-21 120 '| M August from July. Au! I July. | Au- May. j June.! July gust. ! gust. | 1 [| Percentiage increase 1922 1921 BASE YEAR OR PERIOD. 11920-21 |i 126 i 125 • . 'I 86.2 71.4 j cumu- I i lative i: 1922 from 1921. 91.2 ^Twelve months' average, November, 1920, to October, 1921, inclusive. CUMULATIVE TOTAL (+) ' THROUGH or deLATEST MONTH. : crease ! 57.4 INDEX NUMBERS. Per- ! centage increase: 1913 1913 1913 !| 1913 l! 1913 103 118 108 104 74 1913 1913 93 | 92 132 | 127 124 105 99 88 112 j 91 I 85 ! 89 ' 115 174 186 196 214 93 116 195 ' 189 - 2 . 8 0.0 218 ! 218 25 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 SURVEY (NO. 12). INDEX NUMBERS. Percentagi increa.c or decrease cumulative 1922 from 1921. 1922 BASE \\ YEAR |! OR PERIOD. 1922 1921 Au- May. Percentage increase (+) or decrease (-) August from July. TEXTILES—Continued. Wool—Continued. Prices—Continued. Worsted yarn dolls, per 1b.. ..dolls, per y d . . Wool dress goods ..dolls, per y d . . ' Men's suitings Cotton. Consumption by textile milks bales..i 458,548 Stocks, end of month: 1,025 1,215 Mills thous. of bales.. 1,550 1,488 Warehouses thous. of bales.. 1,597 2,840 Visible supply thous. of bales.. 14,480 8,587 Imports, unmanufactured bales.. Exports, unmanufactured bales.. 373,742 j 273,308 Manufactured goods: Cotton cloth exports thous. of sq. yds.. 60,238 ; 50,068 Fabric consump. by tire mfrs.thous. of lbs.. 9,617 | 11,006 Elastic webbing sales thous. of yds.. Machinery activity: SpindlesActive thousands.. 31,975 ! 32,499 8,033 7,045 i Total activity mills, of hours.. 217 Activity per spindle hours.. 191 | Prices: .211 .207; Raw cotton to producer.. . .dolls, per l b . J .219 Raw cotton, New York... ..dolls, per l b . J .223 ! .420 ..dolls, per lb..i Cotton yarn .412 I .065 Print cloth .dolls, per yd..! .066 ; .107 Sheeting dolls, per yd..! .106; Fine Cotton Goods. ! Production pieces..' 375,944 Ij 410,838 ! Sales pieces..; 93,964 ;i 322,396 | Knit Underwear. ' Production doz..; 540,000 ! 619,200 | 636,300 l Orders received doz.. j 784,800 823,500 ! Shipments doz.. j 710,100 18,900 I Cancellations doz.. j 9,900 Unfilled orders, end of month.. .thous. of doz.. 1,269,900 1,577,700 Silk. | 5,982 Imports, raw thous. of lbs., j 4,102 34,772 Consumption, raw bales..i 24,996 32,515 Stocks, raw, end of month bales. .1 27,474 7.105 Prices, raw, Japanese, N. Y dolls, per lb. .j 7.056 Burlap and Fiber. i Imports: j 25,747 j Burlap thous. of lbs.. j 36,575 20,542 ; Fiber (unmanufactured) long tons..! 16,500 METALS. I Iron a n d Steel. I 8,937 Iron ore movement thous. of short tons..; 8,943 j Production: I ! 1,816 | Pig iron thous. of long tons..! 2,405 j 2,532 | Steel ingots thous. of long tons., j 2,843 Merchant pig iron: j 192 Production thous. of long tons.. j 252 223 i Sales thous. of long tons., j 245 \ 296 | Shipments thous. of long tons.. 382 I Unfilled orders thous. of long tons.. 1,240 1,065 I Stocks, merchant j 159! furnaces thous. of long tons..; 245 | 45 i Stocks, steel plants thous. of long tons.. 71 I 119 j Exports (comparable) thous. of long tons.. | 128 I Imports thous. of long tons.. J 72 j 50 I 1 1 Six months' average, July to December, inclusive. Eleven months' average, February to December, inclusive. 13170—22 4 1,006 1913 j | 189 >: 1913 1913 1013 1913 1913 i1 ' || 148 ; 148 ji 157 I 157 1913 467.059 ! 3,387,226 ' 3,954,413 + 16.7 3,464 | 1913 1913 3,724 j ; !| , 5,630 127,565 j 221,920 || + 74.0 423,491 3,789,352 j 3,496,019 ji- 7.7 85 174 j 184 180 i 180 ii 0.0 145 ! 145 I 145 I 145 || 0.0 184I 198 ! 198 ! 198 ; 213 j| + 7.4 97 ji 103 ! 105 !j 83 |j 212 ; j| 134 : ii 1 7 : 82 75 I 197 || 121 '] 2 8 Ii 58 !: 106 145 98 71 j j j i 99 : 110 | 84 j 62 : 95 ! 109 + 15.0 91 ; 85 i 93 • 42 [ 51 76 : j - 15.6 88 '+ 4.2 52 I- 43.8 71 ;! + 68.6 38 ,- 26.9 11,131 53,154 j 73,376 + 38.0 1913 1921 1919 134 152 || 163 ! 170 l 163 135 j - 16.9 143 ; 166 || 152 ! 151 j 144 ; 164 i+ 14.4 32,931 259,629! 259,523 0.0 1913 107 : 109 ii 105 ! 105 i 106 ' 1913 1913 1913 1913 1913 82 I 97 ! 113 I 124; 116 I 56,381 j 331,581 j 397,369 + 19.8 7,320 200 .126 .139 .303 .047 .072 359,703 | 2,645,641 j 2,994,148 ||+ 13.2 599,400 3,514,500 5,057,100 I + 43.9 712,800 I 3,957,300 | 5,396,400 !•+ 36.4 613,800 I 3,168,000 5,144,400 . + 62.4 7,200 | , 801,000 I 170 I 156 173 163 161 149 185 I 188 151 i 162 98 1 94 I 69 ! 117 I 1919 1919 521,458 j 2,856,291 ! 2,306,927 ||— 19.2 105 109 122 137 118 1920 1920 »1920 »1920 «1920 88 425 102 24 2 : 101 • i 706 • I 134 I 1 15 I 159 ; 173 I 176 ;'+ 175 171 ; 166 170 |+ 191 188 | 174 !+ 172 1,8 1.9 1.5 0.9 98 21 107 :+ 9.3 72 1+243.1 91 105 630 179 39 314 !+ ;+ + |+ 14.7 18.9 16.0 90.9 24.2 !+ 144 210 140 I 195!+ 54 I 63 + 194 ; 195+ 45.8 39.1 18.3 0 7 113 110 695 ! 777 109 130 I 155 20 290 I 25; 262 1.9 105 116 807 39 107+ 1.6 + 14.0 + 13.6 35 I j 5,763 32,790 18,899 5.390 31,790 219,356 229,428 I j-f 4.6 34,350 319,205 338,398 + 13,264 I 188,218 158,970 - 14.6 34,710 |;4. 9.2 6.0 1913 •1920 »192O 1913 181 35 158 1909-13 1909-13 99 ; 202 j 164 184 I 187 3 7 I! 41 148 ii 198 101 75 ; 46 178 166 52 201 I I I ! - 29.6 + 24.5 165 77 83 1 58 ! i 4,385 954i! 1,301 1 99 208 200 18,225 25,958 '!+ 42.4 1913 82 i! 26 1 2 4 ! 1 6 7 1 1 6 7 !•— 0 . 1 11,247 12,515 16,265 jl + 44.6 1913 1913 37 ! 90 20,806 i|+ 66.2 92 I 94 71 ! - 24. a 119 | 113 100 | • 10.9 1,326 ; 901 ! 1,285 j 1,898 1 + 4 3 . 1 2,913 ! +223.3 2,665 +107.4 1,041 52 11 123 1914 I 32 26 1914 ;| 40 63 |j 117 1914 ! 38 60 I; 123 77 80 11 109 84 1914 638 1914 92 179 1921 113 76 10 1,746 j 72 1,229 ! ; - 29.6 243 11+236.1 66 44 95 I 75 83 111 106 ! i | ; 66 74 115 ; 95 : 51 68 89 82 • 23.8 35.1 36.6 7.0 41 I 32 \ 21 49 ' 38 24 77 \ 1913 38 33 ! 82 06 52 1913 40 37 ! 87 I 147 i 273 188 • 9.0 22.5 14.1 26 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 Corresponding month, July or August, 1921. August, 1922 SURVEY (NO. 12). INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 Percentage increase (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 1922 or decrease July. gust from July. AuAugust. May. June. July. gust. METALS—Continued. Iron and Steel—Continued. Unfilled orders, Steel Corp., end of month thous. of long tons. Foundry production, Ohio, .per ct. of normal. Wholesale prices: Pig iron— Fdry, No. 2, Northern dolls. per long ton. Basic, Valley furnace dolls, per long ton. Steel billets, Bessemer.dolls, per long ton. Iron and steel dolls, per long ton. Composite pig iron dolls, per long ton. Composite steel dolls, per 100 lbs. Compositeflnishedsteel .dolls, per 100 lbs. Structural steel beams.. .dolls, per 100 lbs. Locomotives. Shipments: Total Domestic Foreign Unfilled orders: Domestic Foreign Freight cars: Orders, domestio 5,776 j 58.54 I 5,950 71.97 26.02 32.37 |j 4,532 24.14 «1921 21.86 1913 138 j 137 18.20 1913 29.60 1913 35.99 20.29 2.48 2.34 1.90 1913 132 125 145 140 153 148 139 82 | 80 I 1913 98 I 101 + 3.0 77 89 ! 95 1 1 7 239 I 245 283 | 348 + 22.9 161 I i I! 162 163 ! 202 j | + 24.4 : I; 24.25 35.00 37.50 24.54 2.23 2.17 1.70 26.60 | 36.10 39.71 27.74 2.36 2.29 j 1.80 i 1913 1913 1913 1913 number. number. number. 128 122 6 151 130 21 95 44 51 number. number. 712 926 109 147 90 number. 13,700 1,620 150 7,450 number. horsepower. 177 160 83,310 116 ; 44,586 j 589 I 231,291 ; 1,050 ! 682 i 368 | i 641 - 39.0 472 - 30.8 169 - 54.1 1913 1920 1920 1920 1920 115,670 1913 986 + 67.4 473,733 |j+104.8 1919 124 115 137 132 144 141 123 167 i 170 132 : 136 139 | 140 155 I 158 127 | 129 127 | 130 106 | 106 19 ! 29 ! 28 57 23; 49 | 18 | 13 1 28 ! 56 i 29 | 174 i 165 136 142 159 130 131 109 '' | i j | j I 42 111 7 |j 181 |l+ 9.7 140 | | + 3.1 151 i|+ 5.9 180 13.0 138 116 49 + 18.0 118 + ft.6 24 +250.0 80 | 104 + 30.1 23 ! 25 + 10.1 125 130 15 - 88.2 I Stokers. Sales Sales 5.5 5.9 70,230 1919 76 | 68 133 I 158 61; 154 I 42 I 6o| 9.6 + 18.6 Finished Iron a n d Steel. Sheets, blue, black, and galvanized: Production per ct. of capacity. 72.7 ! 87.2 Shipments per ct, of capacity. 73.0 ! 82.2 Sales per ct. of capacity. 58.2 j 67.0 Unfilled orders per ct. of capacity. 160.3 I 114.9 Unsold stocks perct. of capacity. 8.0 ! 7.3 Steel barrels: Shipments barrels. 220,992 ; Production per ct. of capacity. 40.0 | Unfilled orders barrels. 334,881 ! Structural step], sales long tons. *»lll,600 |aoll7,360 I 38.8 i. 37.1 !. 36.2 !. 75.3 j . 21.1 i. 155,521 ! 1920 1920 1920 1920 I'.... 1921 1921 iI 8 6 ji 9 3 i|.... 651.761 ! 1,273,044 ;j+ 95.3 22.9 ' 247,320 • ! *1921 11 104 59,302 ! 403,179 ; 948,900 jj + 135.4 1921 67 Copper. Production Exports Wholesale price, electrolytic 26 1920 53 51 60 26 917 120 113 148 I 181 96 ! 110 49 ! 61 56 | 49 378 I 383 j 348 i 317 139 132 105 66 201 243 178 160 119 i 119 100 j 116 ! 115 101 I | I ! 238 j 230 I 182 145 90 i 89 j 84 I 93 | 93 87 197 230 143 125 131 + 20.0 + 11.9 + 14.6 — 12.5 8.9 + 5.2 I thous. of lbs. thous. of lbs. dolls, per lb. a90,999 63,596 .137 101,188 21,414 I 385,544 582,053 ^ + 51.0 1913 62,612 41,249 ! 368,554 '. 511,693 1+ 38.8 1913 thous. of lbs. thous. of lbs! thous. of lbs. thous. of lbs. dolls, per lb. 63,834 57,236 16,977 13,158 .060 62,846 long tons.. j thous. of lbs.. j dolls, per lb.. j 3,616 12,683 2,806 8,219 .138 .117! i..... L.. 21 ! 1913 75 j 1913 51 ! 54 227 | 213 ; 24 j 27 40 i 64 | 89 ; 99 + 11.2 - 1.5 90 I 87 ! 87 + 0.7 Zino. Production Stocks, end of month Receipts, St. Louis Shipments, St. Louis Price, slab, prime western 43,258 13,355 22,364 .066 29,242 | 173,098 7,596 ' 18,053 | .047 287,122 • 435,126 j + 51.5 1913 88,678 j 139,708 151,632 j + 71.0 1913 1913 1913 82 I 99 \ 110 I 109 - 1.5 95 73 70 ; 53 - 24.4 99 98 i 101 ! 61 ! 48 - 21.3 86 , 83 46 | 79 + 70.0 94 98 103 | 113 + 10.0 Tin. Stocks, end of month Imports Wholesale price, pig tin a .315 i 1,761 ; 5,201 ! .266 28,288 6,651 1+206.3 1913 1913 1913 136 104 95 37 54 [ 89 62 ; 59 \ 69 128 131 70 196 i 152 - 22.4 133 I 86 — 35.2 3.2 70 72 Six months' average, July to December, inclusive. < Ten months' average, March to December, inclusive. » Very large percentage increase. a Revised. aa These figures are recomputed to a normal capacity of the industry, previously estimated at 180,000 tons, in order to make them comparable with figures shown iD the August "Survey" (No. 12). The plant capacity as shown by the Census Bureau summary of reporting firms is considerably higher, being 208,245 tons for 125 firm reporting in August. 27 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 Corresponding month, July or August, 1921. August. 1922 SURVEY (NO. 12). INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. (+) or decrease (-) cumulative 1922 from 1921. 1921 1922 137,934 4- 69.0 70,182 4- 75.4 (+) 1922 1921 BASE YEAR OR PERIOD. Percentage increase or decrease (-) August from July. AuAuJuly. gust. May. June. July. gust. MET ALS—Continued. Lead. Receipts, St. Louis thous. of lbs. Shipments, St. Louis. thous. of lbs. Wholesale price, pig, desilverized, dolls, per lb. 14,486 7,002 .058 16,112 12,284 .059 14,011 4,922 .044 81,609 40,010 22,328 34,538 161 539 7,459 1,794 1,383 261,862 59,994 3,957 13,135 226,665 22,199 4,184 17,459 - 13.4 | - 63.0 ij+ 5.7 |+ 32.9 4,063 3,411 3,971 26,530 30,273 4- 14.1 1,695 373 18 16,270 2,948 182 265 294 133 131 140 4- 75.4 134 + 1.7 56 43 + 31.3 1 2 4- 38.8 1913 181 256 372 369 1913 51 56 124 129 1913 100 100 126 1913 76 87 1913 92 4- 11.2 FUEL AND POWER. Coal a n d Coke. Production: Bituminous coal thous. of short tons. 17,003 Anthracite coal thous. of short tons. 116 450 Beehive coke thous. of short tons. By-product coke thous. of short tons. 2,486 Public-utility electric power mills, of kw. hours. o3,861 Storage, anthracite thous. of long tons. 500 Exports: Bituminous thous. of long tons. 366 17 Anthracite thous. of long tons. 28 Coke thous. of long tons. Wholesale prices: Bituminous— Kanawha, f. o. b.— 6.39 Cincinnati dolls, per short ton. 4.67 Mine average .dolls, per short ton. 10.75 Coke, Connellsville.. .dolls, per short ton. Petroleum. Crude petroleum: Production thous. of bbls. 46,593 Stocks, end of month thous. of bbls. 261,395 Consumption thous. ofbbls. a 50,615 Imports thous. of bbls. a 10,493 Shipments from Mexico thous. of bbls. 17,068 Price, Kansas-Oklahoma.. .dolls, per bbl. 1.925 Oil wells completed number. 1,798 Gasoline: Production thous. of gals. 569,711 I Exports thous. of gals. 58,631 j Domestic consumption thous. of gals. 566,112 ! 772,909 | Stocks, end of month thous. of gals. Kerosene oil: 192,924 Production thous. of gals. 324,586 Stocks thous. of gals. Gas and fuel oil: 959,029 i Production thous. of gals. Stocks thous. of gals. 1,358,870 Lubricating oil: 91,715 Production thous. of gals. 226,691.! Stocks thous. of gals. PAPER AND PRINTING. Wood Pulp. Mechanical: Production short tons., Consumption and shipment.. .short tons.. Stocks, end of month short tons.. Imports short tons.. s Revised. • Index number less than one. 248 426 29 26 5,033 - 69.1 1,050 - 64.4 220 4- 20.9 1913 6 15 16 16 4- 19.8 1913 122 131 240 244 235 - 27.8 1919 101 105 118 118 119 125 4- 5.6 1921 131 149 47 19 1909-13 S 241 154 49 33 + 16.4 1909-13 135 130 14 6 4- 70.6 1909-13 26 25 40 38 -7.1 i 4.10 ] 2.42 2.80 6.64 5.92 j 12.80 46,295 264,780 j 50,817 j 8,800 | 13,868 I 40,894 i 317,755 i 360,144 4- 13.3 169,682 ! 186 214 232 245 302 195 197 252 273 380 481 4- 26.8 1913 119 115 246 277 441 525 4- ]9.1 1913 194 198 224 220 225 224 - 1913 161 162 234 244 249 252 4- 1.3 4- 0.4 + 23.2 0.6 372,932 4- 8.2 1913 190 195 227 221 232 233 77,786 96,240 + 23.7 1913 542 226 945 821 707 593 !- 16.1 5,582 i 109,762 137,653 + 25.4 1913 269 259 861 786 791 642 1913 107; 107 241 241 206 134 j - 35.1 60 95 104 113 107 - 1.000 j 952 i 1,709 | 209 3,352 ! 42,500 ! 344,542 1.250 • 1913 1913 11,065 11,731 4- 6.0 1913 73 | I— 18.7 4.9 |i j: 419,642 j 2,993,184 j 3,397,3554-I 13.5 1919 403,147 !4- 11.4 1919 36,010 -j 47,831 j 361,779 ! I 457,758 I 2,456,448 2,872,765 + \ 16.9 1919 Ij I 1919 684,237 j 138,724 i 1,119,448 1,248,129 -f 11.5 !; 412,202 \ 1919 127 | 131 89 ! 156 160 j 176 145 120 71 i 1919 156 159 182 176 174 177 191 198 181 175 164 99 108 74 89 89 130 106 106 117 L 38.6 137 i; 807,428 \ 5,592,156 6,085,773 4- 8.8 . | 1,269,419 ' 65,893 i 1919 1919 506,783 i 541,474 6.8 i; 258,6 1919 ! 127 j 123 165 | 161 172 I 172 151 176 113 114 130 150 140 141 140 93 ! 94 1919 160 j 147 | 142 — 11.9 124,691 109,870 73,666 ; 888,546 1,049,207 |j+ 18.1 1919 62 61 j 138 | 123 103 ; 91 129,847 139,935 !: 103,153 j 851,577 1,009,772 |!+ 18.6 1919 79 ! 85 j 119 115 108 I 187,580 157,515 ! 160,601 I. ,; 127 | 108 I 119 125 122 116'+ 7.8 102 | j — 16.0 93 I 100 j 71 97 104 82 ||— 21.2 17,181 13,545 j 16,405 ; 1919 72,045 I 112,583 !|+ 55.0 1909-13 28 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. XOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons: detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (i) detailed tables were given in the September number (No. 1 3 \ For detailed tables covering other items, see the last quarterly issue of the Corresponding August, || month, 1922 ii July or August, 1921. July, 1922 SURVEY ( N O . 12;. CUMULATIVE TOTAL THROUGH LATEST MONTH. Percentagej increase! (+) or decrease (-) 1921 1922 cumulative 1922 from 1921. INDEX NUMBERS. 1921 BASE YEAR OR PERIOD. Percentage increase (+) or decrease 1922 AuJuly. gust. May. AuJune. July. gust. Rust from July. P A P E R A N D PRINTING—Continued. Wood Pulp—Continued. Chemical: Production short tons.. Consumption and shipment.. .short tons.. Stocks, end of month short tons.. Imports short tons.. Newsprint Paper. Production short tons.. Shipments short tons.. Imports short tons.. Exports short tons.. Stocks, end of month: Total short tons.. At mills short tons.. Jobbers short tons.. Publishers short tons.. In transit to publishers short tons.. Consumption short tons.. Prices: Contract, domestic dolls, per 100 l b s . . Contract, Canadian dolls, per 100lbs.. Spot market, domestic. .dolls, per 100 l b s . . 172,700 171,898 52,447 83,545 121,510 122,753 53,442 44,181 940,581 930,162 1,279,913 + 36.1 1,279,314 + 37.5 223,587 580,274 +159.5 120,839 133,236 123,050 134,490 80,337 j 81,780 2,139 I 1,940 102,277 100,668 74,211 1,261 811,972 809,607 490,697 12,158 944,217 948,249 648,078 19,007 154,617 156,313 51,640 90,638 231, 21, 260,111 244,476 19,902 27,128 5,642 5,157 193/623 | 186,927 40,944 | 25,264 157,655 132,808 5, 171, 34, 159, 3. 522 3.500 3. 643 1,152,409 + + + + 16.3 17.1 32.1 56.8 1,312,598 11+ 13.9 4.762 4.758 5.160 1919 1919 1919 1909-13 102 164 1919 1919 1913 1913 82 83 361 30 102 105 92 202 102 101 99 309 96 97 96 355 107 |j+ 11,7 107 ||+ 10.0 98 1.6 327 | L 7.8 113 | 89 113 | 88 : 405 444 72 ! 35 111 112 460 81 105 107 439 59 116 117 446 54 i|+ ||+ ||+ ji- 60 107 75 118 101 88 59 110 83 112 114 83 65 125 100 111 j+12.2 I — 5.9 | + 9.6 ||+ 13.0 l|+ 20.0 j j - 1.2 64 75 77 1919 1919 1919 1919 1919 1919 99 173 107 107 113 95 104 63 97 87 123 63 60 109 120 61 62 128 128 117 120 95 96 83 Sept.1920 ij 75 | 84 1918 !i 81 j 86 1918 ji 78 83 1918 l| 132 j 150 95 116 102 157 1919 1919 1919 95 95 83 10.3 9.3 1.8 9.3 95 I ; - 0.5 96 ||+ 0.7 85 |;+ 2.6 Printing. Activity, weighted Paper purchases, quantities.. Paper purchases, value Sales index .index index index number.. number.. number.. number.. 109 137 76 116 102 132 Other P a p e r . Book: Production short tons.. 74,435 | 87,922 59,711 447,095 | 619,718 Stocks short tons.. 38,520 | 37,473 35,160 Paperboard: Production short tons.. 195,115 | 138,530 1,001,320 | 1,376,752 1G5,551 ! Stocks short tons.. 59,627 63,276 64,033 I Wrapping: Production short tons.. 65,481 | 74,315 56,167 397,237; 539,190 Stocks short tons.. 69,36S \ 62,444 62,811 Fine: Production short tons.. 27,767 | 33,081 18,833 146,843 I 233,102 Stocks short t o n s . . 37,621 i 37,889 37,903 i Total, all grades (including newsprint): Production short tons..! 552,914 i 635,107 442,519 3,291,823 | 4,501,660 Stocks short tons.. 280,660 | 264,480 274,009 Exports (total printing) short tons.. | 3,672 ! 2,756 29,894 | 28,575 3,288 I P a p e r Boxes. 1919 ||+ 37.5 1919 |! 1919 ;| 119 69 85 i 109 116 | 121 | 97 | 124 115 ! 130 110 131 122 i 113 | 123 102 | 120 ;'+ 17.9 118 j 110 | ; - 6.9 | 118 | 130 j ;; 113 i 128 ij+ 13.5 127 i 114 ii— 10.0 1919 1919 113 ji+ 58,7 1919 1919 57 ; 105 j 109 108 103 ! 100 ! 105 i;+ 36.8 —4.4 1919 1919 1919 435,587 I 903,730 +107.5 1919 I j; 330,752 j 429,314 + 29.8 1919 C 89 1921 1921 : ;; + 35.7 78 • 115 |[+ 18.1 118 i L 2.7 66 I 97 102 115 |!+ 19.1 103 |j+ 0.7 ! 72 86 ! 114 I 115 j 107 123 j!+ 14.9 117 ! 115 120 i 123 ! 117 111 j|+ 5.8 12 i 18 25 i 30 i 24 21 : j - 10.5 j Corrugated board: j Productior (Container ; Club) thous. of sq. ft..! 128,604 141,097 75,003 Production 6 thous. of sq. ft. J 72,698 i 115,582 Machinery activity per cent of normal.. i 72 65, 47 Solid fiber board j Production (Container i Club) thous. of sq. ft.. 68,172 57,749 53,911 Production b thous. of sq. ft.. I 12,084 34,406 Machinery activity per cent of normal..! 87 96 1 81 Folding boxes.-f j Production per cent of capacity.. I 71.1 80.3 50.3 New orders per cent of capacity.. | 86.1 ; 72.4 i 53.4 & Figures furnished by the National Association of Corrugated and Fiber Box Manufacturers. 64 | 78 |j 108 | 119 111 11 125 ! 1919 49 70 j! 113 106 : 87 116 | 120 132 ||+ 9.7 | ' !|+ 59.0 95 114 i 134 ;+ 18.0 1+184.7 88 ; 110 |j 151 j 156 ! 155 j 175 '; + 12.9 97 • 111 j; 186 I 168 ! 180 j 151 | - 16.1 29 TREND OF BUSINESS MOVEMENTS Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) ! have not been published previously in the | SURVEY or are repeated for special reasons; detailed tables covering back figures for these j items will be found at the end of this bulletin. ; For items marked with a dagger ft) detailed i tables were given in the September number j July, CNo. 13). For detailed tables covering other j 1922 items, see the last quarterly issue of the \ SURVEY (NO. 12). Corresponding month, July or August, 1921. August, 1922 j CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 I N D E X NUMBERS. i Peri centage I increase 1922 : (+) or decrease (-) j cumulative ; 1922 i from : 1921. 1921 BASE YEAR OR PERIOD, 1922 \ perV cent: age in:. crease i (+) ; or decrease ., ( ! A May. June. July. ! July. July. PAPER AND PRINTING—Continued. Paper Boxes-Continued. Labels: Production New orders ; per cent of capacity.. j per cent of capacity..' 68.7 89.7 RUBBER. Crud*: • Imports thous. of lbs..; 56,855 ! Consumption by tire mfrs.. .thous. of lbs.. 28,181 .172 Wholesale price, Para, N. Y.dolls, per l b . . Tires: Production— Pneumatic thousands.. j 2,477 ; Solid thousands.. | 72 : Inner tubes thousands.. 3,068 \ Domestic shipments— ; 2,695 ; Pneumatic thousands..: Solid thousands.. < 60 ! Inner tubes thousands.. 3,631 | i Stocks, end of month— I 4,834 j Pneumatic thousands.. j 176 j Solid thousands..' Inner tubes thousands.. j 5,676 AUTOMOBILES. j Production: j Passenger cars number.. j Trucks. number.. Shipments: j By railroad carloads.. Driveaways number of machines.. By boat number of machines.. 53.8 i 55.7 1921 1921 i| 91 138 195 163 1 145 126 ! 186 243 176 203 253 ;+ 43.8 256 + 26.1 54,332 ' 33;739 ; .176 : 1913 1921 1913 '< 286 343 132 171 20 20 370 528 162 221 21 22 589 157 21 563 :— 4.4 188 + 19.7 22 + 2.3 2,905 84 :' 3,808 !; 1921 1921 1921 141 95 134 167 158 196 156 187 139 136 202 136 160 + 17.3 238 + 16.7 169 + 24.1 3,030 ; 69 4,220 1921 1921 1921 145 127 157 152 138 164 152 i 1 3 8 144 166 128 173 141 137 158 159 + 12.4 158 + 15.0 184 + 16.2 4,629 : 190 : 5,270 j 1921 1921 1921 93 ; 131 ; 120 94 ; 74 i 74 135 6 8 80 ! 157 115 76 124 110 - 4.2 82 ,+ 8.0 114 - 8.3 121 : 168 190 50 i 90 99 162 81 179 + 10.2 91 + 12.7 139 72 150 156 + 11.8 93 + 30.3 214 ;+ 42.7 82 84 73 101 76 93 113.1 I 224,057 21,357 246,941 j; 167,705 24,064 l! 13,080 1,507,495 159,907 !; 1919 1919 : 150 163 132 ' 92 ii !; j; j 95 120 !' 41 i, o 29,116 a 28,100 I a 7,030 ! 32,563 | 36,603 ! 10,034 | 20,758 15,218 3,595 132,094 99,606 15,535 223,083 , + 68.9 180,913 | + 81.6 36,173 ; +132.8 1920 1920 1920 | 40 j. 79 99 : 164 158 39 73 78 77 \ 157 168 1919 48 50 7 1921 7 1921 11921 ' 49 1 42 79 71 123 132 41 125 108 54 1 115 114 1913 1919 141 39 179 ! 259 277 ; 27 i 3 7 29 93 GLASS AND OPTICAL GOODS. Bottles, production index number.. Illuminating glassware: Net orders per ct. of capacity.. Actual production per ct. of capacity.. Shipments billed per ct. of capacity.. Spectacle frames and mountings: Sales (value) index number.. rnfilled orders (value) index numoer.. i ; 210 31 252 |+ 20.0 30 i- 3.2 BUILDING AND CONSTRUCTION. Building Costs. Building materials: Frame house Brick house Building costs Concrete factory costs Hotel building costs Loft office building costs Subdivided office building costs Building volume 173 176 167 169 160 164 ; 178 181 i 189 !;+ 4.4 181 I 184 I 193 ||+ 4.9 j 170 173 j 185 jj+ 6.9 | 171 174 190 ||+ 9.2 | 161 I 166 number.. number.. number.. number.. number.. number.. 1913 1913 1913 1914 1913 1913 204 193 161 160 171 i 168 176 ! 171 index number.. index number.. 1913 1913 171 i 167 11 158 ; 159 90 : 94 \ 179 ! 187 index index index index index index 118 | 154 ||+ 30.5 Construction and Losses. Contracts awarded, floor space: Business buildings thous. Industrial buildings thous. Residential buildings thous. Educational buildings thous. Hospitals and institutions.thous. Public buildings thous. of sq. ft.. of sq. ft.. of sq. ft.. of sq. ft.. of sq. ft.. of sq. ft.. 8,780 6,870 24,392 6,901 1,396 452 7,793 11,262 23,712 5,228 1,712 270 a Revised. ' Twelve months' average May, 1921-April, 1922, inclusive. j i ; | | 6,940 2,292 17,949 4,457 870 150 40,334 22,040 116,314 26,404 6,736 1,856 67,150 43,123 207,814 43,096 8,538 2,576 + 66.5 ; + 95.7 ;+ 78.7 | + 63.2 |+ 26.8 1+ 38.8 1919 1919 1919 1919 1919 igi9 75 18 89 228 430 138 233 j 239 87 107 47 157 322 320 279 111 34 156 425 234 281 281 95 : 54 121 : 360 379; 263 : 84 : - 11.2 88 + 63.9 118 - 2 . 8 273 - 2 4 . 2 465 ;+ 22.6 157 !- 4 0 . 3 30 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) l_ have not been published previously in the ! SURVEY or are repeated for special reasons: j detailed tables covering back figures for these ! items will be found at the end of this bulletin, j For items marked with a dagger (j) detailed j tables were given in the September number I July, (No. 13). For detailed tables covering other j 1922 items, see the last quarterly issue of the : SURVEY (No. 12). August, 1922 ! Corresponding month, July or August, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 INDEX NUMBERS. Percentage increase BASE or decrease ! YEAR i OR (—) cumu- I PERIOD. lative 1922 from 1921. :! PerI cent•i age increase 1922 1921 i or deij crease July.! Au- August from July. AuMay. June.! July. gust. BUILDING AND C O N S T R U C T I O N Continued. C o n s t r u c t i o n and Losses—Continued. Contracts awarded, flour space—Continued. Social and recreational buildings thous. of sq. ft., Religious and memorial buildings thous. of sq. ft. Grand total thous. of sq. ft. Contracts awarded, value: Business buildings thous. of dolls. Industrial buildings thous. of dolls. Residential buildings thous. of dolls., Educational buildings thous. of dolls. Hospitals and institutions.thous. of dolls. Public buildings thous. of dolls. Public works and utilities.thous. of dolls. Social and recreational buildings thous. of dolls. Religious and memorial buildings thous. of dolls. Grand total thous. of dolls. Fire lasses thous. of dolls. 1,435 2,555 1,624 11,879 1,433 51,705 1,337 54,019 907 35,246 6,051 231,975 44,020 38,122 31,883 - 67,374 108,951 100,883 40,690 32,055 11,024 9,383 13,837 2,603 79,162 49,825 35,277 10,832 80,329 27,959 4,840 1,490 44,797 207,005 111,375 501,671 161,687 42,218 15,144 334,399 12,446 8,502 77,411 10;085 , 8,889 350,081 322,007 36,668 ! 21,580 6,204 220,721 25,829 40,271 1,500,280 224,112 10,181 1919 121 ; 128 9,291 i + 53.5 396,314 + 70.8 1919 1919 287 362,551 222,437 892,611 237,386 59,365 26,297 417,920 1919 1919 1919 1919 1919 1919 1919 1919 14,089 : + 18.6 + + + + + + + 84,690 + 75.1 99.7 77.9 46.8 40.6 73.6 25.0 9.4 j 62,975 -f- 56.4 2,368,710 + 57.9 251,108 + 12.0 1919 1919 1919 255 113 202 + 78.0 204 440, 76 128 360 | 323 301 ( - 6.7 130 I 111 116 ; + 4.5 32 85 287 252 160 112 104 25 114 281 148 133 107 170 5fi 199 331 258 224 153 152 130 47 I 75 193 ! 154 444 | 409 172,|! 338 216 * 1,237 138 I 189 113 158 143 322 287 233 119 146 122 j 291 200 146 179 + 22.2 68 • ;! 299 ; 198 383 ; 340 323 .; 99 ! 103 169 160 163 i 149 j 115 133 ; 108 ! 164 - 13.4 + 111.3 - 7.4 !- 21.2 - 14.9 - 81.2 - 37.1 284 - 11.9 150 - 8.0 96 - 41.1 Lumber. Southern pine: 446,468 479,138 396,062 2,898,293 i 3,498,153 Production M ft. b. m. ! Stocks, end of month M ft. b. m. 1,091,060 1,117,534 1,225,839 Price, " B " and 45.22 ; 46.12 32.52 better dolls, per M ft. b. m. Douglas fir: 476,199 475,878 329,020 2,146,913 3,484,123 Production (computed) M ft. b. m. 445,625 430,215 363,937 ' 2,285,237 3,366,253 Shipments (computed) M ft. b. m. Price, No. 1 14. 500 16. 500 10.500 common dolls, per M ft. b. m. California redwood: 39,296 49,335 48,748 : 300,293 ! 367,536 Production Mft. b. m. 29,968 42,517 33,797 195,967 < 323,214 Shipments Mft. b. m. 31,616 ; 48,661 33,417 186,985 ; 355,625 Orders received Mft. b. m. California white pine: 89,366 ; 68,597 221,065 299,500 Production Mft. b. m. 40,405 ( 242,847 26,914 157,025 ; Shipments Mft. b. m. 386,171 , 371,804 Stocks Mft. b. m. Michigan softwood: ..Mft. b. m.. 8,846 j 10,836 56,348 " 62,716 6,363 Production ..Mft. b. m.. 7,563 f 8,882 60,617 7,217 I 41,773 Shipments ..Mft. b. m.. 61,475 45,798 78,229 L Stocks, end of month.. Michigan hardwood: 12,575 j ..Mft. b. m..' 12,169 9,382 125,719 j 106,060 Production 16,073 | ..Mft.b.m.. l2 444 58,962 I 90,049 8,013 ; Shipments 515 121,257 ! 179,029 j. ..Mft.b. m. Stocks, end of month.. \ 128, Western pine: i ..Mft.b.m. |O 141,898 j 175,110 Production 625,821 892,784 103,948 ..Mft.b.m. ;o 155,837 ! 160,949 545, 302 1,074, 241 Shipments 90,397 ..Mft.b.m. !o 794,040 j 731,571 Stocks, end of month.. 1.120,913 I North Carolina pine: 417, 060 54,600 31,360 204, 540 Production Mft. b. m. : 55,370 59,930 397, 400 28,553 Shipments M ft. b. m. ; 53,480 191, 954 Northern pine: t Lumber62,065 j 65,741 Production M ft. b. m. 54,047 301,325 j 389,741 57,409 ! 64,980 Shipments Mft. b. m. 31,209 | 178,714 I 375,935 i > + 20. 7 | 87 j 94 j 113 118 92 I 89 I 81 : 80 ! 105 j 113 + 7.3 80 | 81 ; + 2.4 i ; 1913 + 62.3 + 47.3 1917 1917 1913 140 : 141 I 184 \ 78 ! 94 83 ! 113 125 ; 140 136 160 138 136 !- 0.1 133 - 3.5 114 147 ; 147 158 179 ; + 13.8 1918 1918 1918 + 35.5 + 54.7 1918 1918 1918 131 i 84 I 139 i 1917 1917 1917 27 34| 1917 1917 1917 37 | 34 | 26 81 77 47 198 196 j 200 ':+ 2.0 133 j 151 j + 22.4 + 64.9 + 90.2 129 119 116 132 | + 25. 5 169 i 133 105 184 ; 163 105 149 | + 41.9 218 I 147 110 I 169 j + 53. 9 i ! + 11.3 '•+ 45.1 I- 15.6 '+ 52.7 I • Revised. 1917 1917 71 ! 132 116 ; 113 119 ; 151 84 | 37 41 74 177 170 | 167 127 j 130 1 4 5 I I 63 I + 22. 5 50 | + 17.4 43 - 25.5 57 54 46 52 I + 3.3 + 29.2 - 6.0 38 I 58 : j. 59 | :+ 42.7 i+ 97. 0 9117 1917 1920 96 I 92 I 141 j 145 69 | 82 ;| 147 | 158 125 j 127 ;i i 125 141 90 155 j + 23.4 146 | + 3.3 83 ji- 7.9 +103. 9 + 107 0 1919 1919 91 102 92 155 89 i 180 162 166 j 160 | - 1. 4 186 I;+ 12.1 +29.3 +110.4 1920 1920 50 158 163 134 i 169 ! 163 154 163 !+ 5.9 62 I 117 I 116 114 j 130 |;+ 13.2 31 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for speciarreasonsdetailed tables covering back figures for these ; items will be found at the end of this bulletin, j For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 August, 1922 SURVEY (No. 12). CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or August, 1921. 1921 INDEX NUMBERS. Percentage increase 1922 (+) or decrease (-) cumulative 1922 from 1921. BASE | YEAR I; OR i! PERIOD. 1921 July. BUILDING AND CONSTRUCTION— I Continued. Lumber—Continued. ; Northern pine—Continued. LathProduction Mft. Shipments ..Mft. Northern hemlock: Production M ft. Shipments Mft. Northern hardwood: Production M ft. Shipments Mft. Exports, planks, scantling, joists.. .M ft. b. m..j b. m..' 19,880 18,877 j 12,854 ! 13,574 21,936 j 16,589 | b. m..' b. m.. 28,857 | 26,112 j 22.883 30,971 ! 21,356 i 29,570 j b. m..; 21,376 22,522 ;| 18,747 b. m.. 41,228 I 43,103 j| 21 845 b. m.. 115,858 123,233 | 105,848 Flooring. Oak flooring: Production M ft. b. m.. Shipments M ft. b. m . . Orders booked Mft.b.m.. Stocks, end of month M ft. b. m . . Unfilled orders, end of month.. M ft. b. m.. Maple flooring: Production M ft. b. m.. Shipments Mft. b . m . . Orders booked M f t. b. m.. Stocks, end of month M ft. b. m.. Unfilled orders, end of month..M ft. b. m.. 69,384 ! 82,656 : 156,677 120,948 110,819 + 59.7 84,826 2.6 1920 1920 195,119 + 24.5 204,173 + 68.8 1913 1913 307,277 223,567 — 27.2 117,787 j 256,728 +118.0 721,025 ! 1,094,747 !! + 51.8 83,320 I 87,479 | 87,623 | 173,963 +108.8 181,537 +107.5 185,490 + 111.7 1913 1913 1909-13 24,082 27,669 i 15,717 24,261 27,037 j 15,670 21,340 25,971 | 15,256 20,712 21,054 j 35,352 1913 35,637 37,173 I 9,722 1913 10,434 12,956 13,047 || 14,002 ; 11,078 11,950 I 59,131 j 56,733 | 61,923 i 24,528 23,272 ;| 22,668 !•' 8,438 9,469 10,564 31,180 10,541 26,189 26,485 ' 142,308 24,190 27,334 263,376 j 231,490 j 3,836 3,752 41,591 44,442 ! 37,086 | 25,076 84,657 j + 43.2 92,503 ||+ 63.0 96,956 j + 56.6 4.5 111 109 90 75 110 ; 160 ; 162 77 76 I 60 85 i 65 80 5.4 170 JH 69 ji-f 4.5 6.4 1913 193 235 328 | 352 361 415 1913 212 261 420 i 477 404 250 501 | 401 350 391 393 261 225 230 138 134 557 | 530 492 + 11.4 + 21.7 234 + 1.7 513 + 4.3 1913 + 14.9 450 425 j 1919 I 77 i 84 100 118 | 104 130 |j+ 25.0 121 | 109 118 ||+ 8.1 1919 ; 66 ! 80 115 1919 I 49 | 75 135 191i ''•'• 202i 209 186 98 : 78 173 I 1919 23 ! 28 1919 43 : 52 1919 43 j 52 103 | 103 110 111 | 112 ! 84 ||+ 7.9 159 151 jj- 5.1 69 j 65 59 il- 9.fi 92 95 | 93 102 |j+ 9.7 87 90 j 91 97 j!+ 7.0 Brick. Clay fire brick: Production thousands.. Shipments thousands.. Stocks, end of month thousands.. New orders thousands.. Unfilled orders thousands.. Silica brick: Production thousands.. Shipments thousands.. Stocks, end of month thousands.. Face brick: Production thousands.. Stocks, in sheds and kilns thousands.. Unfilled orders thousands.. Shipments thousands.. Prices: Common red, New York..dolls, per thous.. Common salmon,Chicago.dolls, per thous.. 51,828 49,075 162,876 52,300 74,399 47,266 45,851 158,236 55,681 67,557 11,332 12,533 37,572 ! 9,666^ 11,687 |j 35,743 jj 46,849 | 91,339 • 75,825 ; 46,710 ! 52,408 109,545 90,678 50,579 1919 161,973 j 372,939 +130.2 77,003 I! + 73.3 79,431 j +114.2 53,410 | 255,996 j 351,037 + 37.1 142,178 I. 47,050 !. 41,609 ! 209,615 ! 329,095 + 57.0 1919 33 ! 47 99 1919 32 i 29 48 82 I 76 1 91 ; 93 I 1919 13 \ 27 1919 22 ! 27 1919 99 j 100 II !l 61 87 ! 114 117 ;!+ 2.9 108 102 jj- 6.1 72 79 ;'+ 10.1 81 69 !|- 14.7 83 :'- 6.8 76 90 86 ;;— 4.9 1919 96 | 118 I 121 ! 132 j 116 104 j — 10.6 1919 138 I 160 ! 136 | 133 j 123 102 ;|— 16.6 1919 «1920 49 I 55 | 102 ! 104 ! 105 102 I 128 ; 174 175 j 156 88 |i— 16.4 144 j — 7.6 i 20.15 | 9.16 ! 19.00 ; 8.72 | 14.75 ! 1913 225 ; 225 ! 302 307 | 8.51 I 1913 172 I 172 178 j 186 177 307 290 ;|— 5.7 177 - 4.8 0.9 i Cement. Production Shipments Stocks, end of month Price, Portland 343,131 j!+ 30.3 323,314 <+ 39.7 I 11,557 I 13,850 | a 8,433 | 1.60 ! 11,664 j 14,361 j 10,244 62,280 j 70,139 j + 12.6 1913 125 133 12,340 62,716; 76,240 !j+ 21.6 1913 139 167 5,737 j 8,280 1913 74 115 96 | 75 51 !j- 32.0 1.64 | 1.70 1913 170 170 148 158 I 158 163 !j+ 2.5 number.. number.. number.. 70,700 ! 29,756 | 99,235 | 78,435 ji 22,775 j 82,536 j 56,515 1919 142' 154 68 163 116 89 237 113 215 238; 204 1 2 2 7 + 1 0 , 9 90 ! 71 | 54 : ! - 23.5 184 : 142 j 118 - 16.8 number.. number.. number.. 84,077 | 62,349 | 111,455 ! 94,219 j 58,483 ! 98,765 61,667 | 128,354 | 63,882 thous. of bbls.. thous. of bbls.. thous. of bbls.. dolls, per bbl.. l 146 147 \ 151 152 + 172 182 | 187 194 i|+ 3.7 Sanitary Ware. Baths, enamel: Orders shipped Stocks Orders received Lavatories, enamel: Orders shipped Stocks Orders received a Revised. 4 Ten months' average, March to December, inclusive. 290,446 ! 557,986 + 92.1 1919 49,009 61,861 I 288,465 | 740,057 ||+156.6 1919 454,312 j 714,571 + 57.3 1919 1919 424,783' 948,740 j+123.3 1919 124 135 ! 235 224 184 95 ;r 92 1 56 49 j 45 83 87 Ij 262 j 221 \ 151 206 + 12.1 42 ! - 6.2 134 |— 11,4 32 TREND OF BUSINESS MOVEMENTS—Continued. ! NOTE.—Items marked with an asterisk (*) ; have not been published previously in the I SURVEY or are repeated for special reasons; j detailed tables covering back figures lor these j items will be found at tne end of this bulletin. '. For items marked with a dagger (f) detailed July, tables were given in the September number (No. 13). For detailed tables covering other j 1922 items, see the last quarterly issue of the < SURVEY ( N O . 12). NUMERICAL DATA. CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or August, 1921. ' August, 1922 j I N D E X NUMBERS. Percentage j! increase 1921 1922 ! (+) i| or deli! crease ' (-) ! cumuli lative BASE YEAR OR PERIOD, i; ;l ;| j! j! Per_•! centage increase 1922 1921 or decrease | 1 AU Au- !!, !| 1922 il from II 1 9 2 1 . Au- '.'•• g u s t gust, ; from July. BUILDING AND CONSTRUCTION— Continued. S a n i t a r y ware—Continued. Sinks, enamel: Orders shipped stocks Orders received Miscellaneous, enamel: Orders shipped Stocks Orders received Sanitary pottery: Orders received.. .number pieces number.. number.. number.. number.. number.. number.. per kiln.. j j! 121 I 134 200 197 j 160 94 j 103 j 82 66 ! 56 !; 69 81. I 222 ; 189 141 174 + 8.8 47 i- 16.1 117 '- 17.2 1919 1919 1919 117 ' 125 ] 178 : 171 142 120 ! 132 |; 97 i 83 79 70 i 88 I; 192 177 147 150 + 6.1 74 ,- 6 . 2 135 - 8.1 503,243 476,009 980,135 j +105.9 40,187 62,981 61,491 35,616 42, 634 59,088 ;' 105,781 56,516 36,788 261,775 350,563 j + 33.9 236', 729 474,264 j +100.3 I! 555 179 1,081 3,449 1+219.1 1919 44 41,969 4,142 336,921 32,052 485,831 I + 44.2 49,171 I + 53.4 1919 1919 62 j 76 j. 112 J 108 • 45 : 42 I; 75 70 ' 236,152 . 32,649 j 127,640 i 37,179 31,278 308,176 25,695 178,026 51,786 35,782 i Abrasive P a p e r a n d C l o t h . Domestic sales reams. ! 71,923 Foreign sales reams. j 9,632 736,981 j:-f 46.4 1919 1919 1919 87,492 95,235 ! 73,047 59,400 | 129,570 70,789 123,938 \ 102, 617 j 71,191 ; ; i 42 95 ( 97 : 129| 171 + 32.8 106 105 i HIDES AND LEATHER. Hides. Imports: Total hides and skins thous. of lbs. Calfskins thous. of lbs. Cattle hides thous. of lbs. Goatskins thous.oflbs. Sheep skins thous. of lbs. Stocks, end of month: Total hides and skins thous. of lbs. Cattle hides thous. of lbs. Calf and kip skins thous. of lbs. Sheep and lamb skins thous. oflbs. Prices: Green salted, packer's heavy native steers dolls, per lb. Calfskins, country No. 1 dolls, per lb. Leather. Production: Sole leather..thous. of bks, bnds, and sds. Skivers doz. Oak and union harness stuffed sides. Finished sole and belting thous. of lbs. Finished upper thous. of sq. ft. Stocks, end of month: Sole and belting thous. of lbs. Upper thous. of sq. ft. Stocks, in process of tanning: Sole and belting thous. of lbs. Upper thous. of sq. ft. Kxports: Sole thous. of lbs. Upper thous. of sq. ft. Prices: Sole, hemlock, middle No. 1. dolls, per l b . Chrome calf, " B " grades., dolls, per sq. ft. I 39,742 3,616 23,960 4,801 1,465 59,881 6,229 37,192 5,540 8,841 | | ! ! | 339,052 342,500 j 261,069 \ 259,982 | 53,831 54,282 i 24,155 28,236 ! .182 .186 .201 .182 ; | a 1,398 1,308 i j a 25,238 35,009 j | 115,561 128,763 ; | 23,554 i 22,822 I ! 62,807 ; 76,067 j 38,090 5,882 15,475 10,078 ; 5,674 + + + + 30.5 21.3 39.5 39.3 14.4 1909-13 80 | 66 j 105 I 74 ! 59 | 1909-13 j 1909-13 | 1909-13 1909-13 140 89 !! 89 ; 105 ! 93 91 86 jj 39 I 63 | 53 8 1 • | 104 | 138 I 125 194 68 123 || 88 | 92 | 59 107 ! 121 I 100 ! 28 167 410,353 322,317 53,276 ' 34,760 1921 1921 1921 1921 | 95 I 95;| 9 4 •> 95 ij 97 j 91 j! 104 j 106 j .140 .162 1913 1913 76 | 76 81 ! 1,607 11,264 21,430 121,575 48,286 i 447,256 26,985 196,528 ; 70,418 418,862 11,306 164,649 728,670 191,969 560,788 + 0.4 + 35.4 + 62.9 2.3 + 33.9 1919 1919 1919 1921 1921 79 | 79 ; 77 77 I 86 92 i 85 83 ! 79 71 • 91 i 81 + 50.7 + 72.3 + 55.2 + 15.4 +503.5 79 + 1.0 77 - 0.4 93 + 0.8 + 16.9 99 I 109+ 10.4 99 ! 97 — 2.2 76 ! 70 i 72 74; I 107 112 168 J 51 | 95 101 121 ! 47 | 105 j| 88 92 \ 92 ! 98 j 121 ;| 116 113 108 \ 109 ! sa | 143 70 233 135 89 131 - 6.4 + 38.7 + 11.4 - 3.1 + 21.1 ;i | 185,927 j 432,185 177,672 I 407,794 ! 193,670 411,505 1921 1921 • 97,549 162,337 97 873 165, 277 108,439 173,848 '• 1921 1921 ; 99 j 98 j 90 | 89 j 107 106 :l 100 ' 97 2,210 5,731 1,064 6,478 1913 1913 I -i .350 .435 350 435 .340 ' .525 1913 1913 j: 124 121 ii 124 128 il 195 195 il 154 158 487 780 591 967 341 570 ; 1919 1919 46 | 48 ; 42 40 55 j 60 47 j 53 1919 1913 74 i 129 1 93 84 61 ! 54 ! 849 3,142 7,792 , 23,489 ! 12,096 + 55.2 53,890 +129.4 1 0 2 100 : | ! "i 97 j I 102 99 ; 96 ! 92 - 4.4 102 ! - 5.6 107 103 ii 33 i' 94 90 I 88 99 71 91 88 + 0.3 101 + 1.8 85 i 76 ! -51.9 - 3.8 49 ! : 124 161 124 161 0.0 0.0 Leather P r o d u c t s . Belting sales: Quantity Amount Boots and shoes: Production Exports • Revised. thous. of lbs. thous. of dolls. thous. of pairs. thous. of pairs!. a 23,045 \ 28,077 |;. 434 ; 7,360 • 210,536 3,422 — 6 3 . 5 + 21.4 + 24.0 102 + 21.8 52 + 11.6 33 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 August, 1922 SURVEY (NO. 12). Corresponding month, July or August, 1921. I N D E X NUMBERS. Percentage increase (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 Percentage in- or decrease (-) cumulative 1922 from 1921. 1922 BASE YEAR OR PERIOD. 1922 1921 (+) or decrease (-) August July. gust. M a y . i June.July. gust. from July. Au- Au- HIDES AND LEATHER—Continued. Leather Products—Continued. Boots and shoes—Continued. Wholesale p r i c e s Men's black calf, blucher dolls, per pair.. Men's dress welt, tan calf, St. Louis.. .dolls, per pair.. Women's black kid, Goodyear welt, St. Louis dolls, per pair... 6.50 4.15 4.15 5.00 1913 4.60 4.60 5.00 52,912 31,307 24,288 42,474 8,757 33,045 44,323 ! 315,309 | 202,344 +356.5 269,326 - 14.6 1,035 421 57,854 6.73 4.64 97,525 1,084 611 53,676 9,450 I 5,030 i 561,666 10,685 |+ 13.1 3,376 - 32.9 652,862 + 16.2 .70 .70 .90 32,306 16,491 ;i 34,346 11 33,773 25,849 | 52,861 308,027 106,008 I 90,430 329,268 j 328,907 225 225 209 167 167 138 209 j 209 | 138 | 138 i 158 158 1909-13 16 41 60 130 250 1909-13 48 77 149 115 73 90 404 169 1909-13 1909-13 1909-13 425,735 ! 153,351 !— 7.8 599,777 + 40.9 145 I 145 i 110 - 35.0 52 153 64 56 94 + 68.6 177 133 178 130 177 — 0.6 135 + 3.8 63 ,194 1,454 ,604 + 10.2 Aug. 1914 126 177 142 135 Aug. 1914 123 116 8 1913 158 159 115 157 115 156 0.0 115 152 — 2.6 90 80 80 71 70 — 1.4 •1920 222 188 »1920 170 15 205 35 212 53 225 + 6.3 83 + 56.7 9 1920 162 166 »1920 171 131 180 149 176 160 190 + 7.8 171 !+ 6.9 10 246 8 237 9 + 12.4 182 i- 23.5 104 85 101 126 99 - 27.4 90 6,054 221,232 | 78.2 1913 12 171,315 j 452,723 +164.3 1913 308 12,280 14,974 11,005 139,215 141 17,803 134,014 99,360 | | - 28.6 107.563 j j - 19.7 1913 11,754 1913 150 I 115 108 j 1919 55,995 Ia 120,801 i 115 - 54.1 + 35.7 350 15,065 13,880 0.0 145 1,061 | . . . .tons.. 0.0 177 2,584 j - 138 j [,535 2,110 38,830 j| 48,248 0.0 Aug. 1914 1913 166,303 145 209 j 1913 2,298 50,735 11 +303.4 24 4 3 20 11 154 12 9 147 17 \ + 45. 6 20 + 129.3 136 !:- 7.5 12 9 39 1+222.8 2 |L 7,7 32 14 49 + 54.0 4 | - 68.7 j thous. of lbs.. thous. of l b s . . dolls, per l b . . | 6,897 5,825 . 107 10,039 i 16,197 . 13,354 ! 29,561 696,286 | 330,557 ! - 52.5 .099 ! 1919 34 1919 40 45 1913 118 121 37 j Receipts: 368 Minneapolis thous. of bushs.. 114 21 Duluth thous. of bushs.. 94 Shipments: 77 : Minneapolis thous. of bushs.. 50 47 Duluth thous. of bushs.. 150 Stocks: 70 Minneapolis thous. of bushs.. 13 Duluth thous. of bushs.. 36 Linseed oil: Shipments from Minneapolis, thous. of lbs.. 5,795 Linseed-oil cake: Shipments from Minneapolis, thous. of lbs.. I 4,248 a Revised. • Index number less than one. 1913 | . PATS AND OILS. Total vegetable oils: Exports thous. of lbs.. Imports .thous. of lbs.. Oleomargarine: Production , .thous. of lbs.. Consumption .thous. of lbs.. Flaxseed. 7.00 i ^ CHEMICALS. Imports: Potash long tons.. Nitrate of soda long tons.. Exports: Sulphuric acid thous. of lbs.. Dyes and dyestuffs thous. of dolls.. Total fertilizer long tons.. Price index numbers: Crude drugs index number.. Essential oils index number.. Drugs and pharmaceuticals index number.. Chemicals weighted index number.. Price, sulphuric acid 66,° New York dolls, per 100lbs.. NAVAL STORES. Turpentine: Net receipts barrels.. Stocks barrels.. Rosin: Net receipts barrels.. Stocks barrels.. Cottonseed. Cottonseed stocks. Cottonseed oil: Shocks Production Price, New York 6.50 353 3,196 j 1,959 | j - 38.7 1913 35 286 • 2,215 | 690 !!- 68.8 1913 55 201 248 < 696 ! 620 - 10.9 1913 74 129 2,734 i 788 - 71.2 1913 85 23 461 31 22| 6 1 1913 494 1913 33 48,423 ! j - 16.2 1913 61 64 38 56,850 | j - 46. 1913 52 66 14 1,074 5 I 881 ; 57,774 9,700 106,621 19,799 ; * Average for fiscal year ending June 30. • Average for fiscal year ending Apr. 30. 30 1+438.5 (6) - 75.0 34 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (t) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or August, 1921. August, 1922 SURVEY (No. 12). 1921 INDEX Percentage increase 1922 (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. NUMBERS. 1921 Percentage increase {+ J 1922 or decrease (-) August Au- May. JuneJ July. AuJuly. gust. gust. from July. FOODSTUFFS. Wheat. Production, monthly estimate: Winter thous. of bushs. Spring thous. of bushs. Total thous. of bushs. Exports, including flour thous. of bushs. Visible supply thous. of bushs. Receipts, principal markets...thous. of bushs. Shipments, principal markets.thous. of bushs. Wheat flour: Production thous. of bbls. Consumption thous. of bbls. Stocks thous. of bbls. Prices: No. 1, northern, Chicago, .dolls, per bush. No. 2, red winter, Chicago.dolls, per bush. Flour, standard patents, Minneapolis dolls, per bbl. Flour, winter straights, Kansas City dolls, per bbl. 541,809 1541,809 n543,879 276,665 1268,314 ni96,776 818,474 "810,123 "740,665 19,098 66,963 38,964 49,369 40,513 44,097 39,534 60,644 68,643 21,612 48,846 52,464 13,266 100,126 8,363 251,681 I 141,120 - 43.9 283,898 ; 189,670 ! 235,253 165,549 74,937 i 61,399 ! 10,321 7,909 7,037 12,271 10,080 8,100 1.292 1.152 1.178 1.057 1.294 j 7.788 6.995 8.120 | I 6.235 5.525 17.1 12.7 75,510 - 0.8 66,104 + 7.7 1.237 I I 1909-13 1909-13 1909-13 1913 1913 1919 1919 123 86 110 257 69 197 129 123 80 108 562 96 218 263 1914 1919 1919 110 95 75 137 ! 124 I 129 101 119 120 132 92 128 83 89 58 123 | 123 123 0.0 107 I 113 109 - 3.0 118 - 1.0 117 119 327 +104.0 160 153 86 + 8.8 79 95 193 + 53.4 126 67 245 + 126.0 108 110 84 106 90 97 58 75 1913 1913 150 : 142 i! 158 137 125 I 125 !! 138 118 142 1913 194 ' 1913 179 117 126 + 18.9 124 + 27.4 + 15.1 129 107 - 164 j 170 153 174 167 [ 162 144 177 176 8^2 - 10.2 i 6.418 | 167 I! - 11.4 Corn. Production, monthly estimate.mills . of bushs. Exports, including meal thous of bushs. Visible supply thous . of bushs. Receipts, principal markets...thous . of bushs. Shipments, principal markets.thous,. of bushs. Grindings (starch and glucose) thous. of bushs. Prices, contract grades, No. 2, Chicago dolls, per bush. 8.8 10 2,875 14,395 23,304 25,975 26,009 "2,853 12,325 10,007 24,380 21,728 H3,163 13,976 13,490 29,381 21,565 88,315 133,275 + 50.9 214,656 149,095 264,609 + 23.3 188,036 + 26.1 1909-13 1913 1913 1919 1919 5,294 5,650 5,772 33,668 42,993 + 27.7 1913 118 361 208 118 216 117 331 161 196 244 106 341 265 173 294 105 292 119 163 246 126 135 + 6.7 103 100 - 3.3 105 111 111 109 - 2.0 ; 106 111 ; 268 280 !! 371 393 Ij 181 208 11 268 220 100 I 138 |! 112 127 -0.8 - 14.4 - 57.1 - 6.1 - 16.5 ;i .643 .622 wi,255 111,230 1913 98 91 || 99 96 ; 95 l| Other Grains. Oats: Production, monthly est..mills of bushs.. Receipts, principal markets thous. of bushs. Visible supply thous of bushs. Exports, including meal, .thous . of bushs. Prices, contract grades, Chicago dolls. per bush, Barley: Production, monthly est..thous. of bushs. Receipts, principal markets thous. of bushs. Exports thous. of bushs. Price, fair to good, malting, Chicago dolls. per bush, Rye: Production, monthly est. .thous. of bushs. Receipts, principal markets thous. of bushs. Exports, including flour..thous. of bushs. Price, No. 2, Chicago dolls. per bush. 16,811 36,667 4,631 .371 10 25,371 38,355 2,286 .335 ;• 690 j 149,284 455 | 677 i 5,565 138,236 - 7 . 4 94 123 ||+ 50.9 1913 ;| 107 197 85 81 220 ;+ 4.6 245 211 1913 | 216 i 347 275 1913 j 17 : 56 j 103 236 I 153 76 ! - 50.6 22,887 +311.3 193,850 jii 196,431 |» 163,399 2,283 ! 2,519 4,121 ; .641 .568 10 79,623 ! "79,623 1,430 j 2,795 i .858 ! 6,387 2,086 ! 26,947 15,053 22,401 9,497 16.9 - 36.9 H64, 14,085 4,623 .723 6, 3, 1. 99 I 96 I 107 99 99 l i - 9.7 1909-13 90 90 i 100 105 107 108 :+ 1.3 1913 1913 34 144 1913 103 i 101 109 1909-13 184 | I 184 235 1913 .359 18,048 21,760 29,430 ;,+ 63.1 25,205 j + 15.8 1913 1913 1913 I 71 I 32 315 |l 69 45 + 80.5 36 \ 25 79 | 172 143 j - 17.2 97 I 228 198 | 480 353 141 604 12,070 3,543 3,248 139 192 j 168 166 103 91 - 11.4 228 228 0.0 111 1,088 +885.0 2,983 + 65.4 114 - 15.7 135 II 10 5,222 ' H5,169 !! "5,210 43,438 | 50,227 | 60,284 | 56,177 i 1909-13 370,416 331,9 I - 10.4 59, Other Crops. Rice: Production, monthly est. .thous. of bushs. "38,810 j "39,159 "33,020 Receipts at mills thous. of bags.. 21 449 Ij 981 26,755 ! 51,965 I! 91,046 Shipments, total from mills, .thous. of lbs.. »o Sep tember 1 estimate- 1909-13 j| Total Grains. Total production, estimate....mills, of bushs. Total grain exports, including flour thous. of bushs. Car loadings of grain and grain products, .cars. "1,079 i 5,869 836,349 , 1909-13 1919 1919 110 108 j 113 110 | 238 j 435 170 i 209 102 145 ! 154 108 137 ! 138 63 ; 161 137 ! 149 October 1 estimate. 4,177 j - 28.8 513,275 | l - 38.6 11 1913 1919 111 I 109 - 1.0 209 290 + 38.8 129144 + 11.8 163 162 162 15 j 7 3 79 I 46 i 44 164 + 0.9 74 85 + 94.2 35 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the SURVEY (NO. July Corresponding month, July or August, 1921. August, 1922 12). INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. Percentage increase (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1922 1921 or decrease Au- Au- July. gust. May. June. July. gust. 1921 1922 284,710 180,942 - 36.4 1919 49,050 434,863 39,353 - 19.8 310,164 - 28.7 1919 1919 1919 1919 * 109,710 3,384 16,115 2,048 3,611 "79,808 27,780 121,951 14,817 66,031 22,626 - 18.6 151,018 + 23.8 13,392 - 9 . 6 46,532 29.5 12,225 4,814 1,746 7,333 132,185 August from July. FOODSTUFFS—Continued. Other Crops—Continued. Rice—Continued. Shipments through New 13,592 Orleans.... thous. of lbs. 22,683 Stocks, end of m o n t h Domestic, at mills and dealers thous. of lbs.. 51,519 40,228 Foreign, in warehouses, .thous. of lbs.. 12,642 Imports thous, of lbs.. 2,052 2,066 Exports thous. of lbs.. 32,979 26,118 Apples: Production, monthly est. .thous. of bushs.. "> 206,567 1 203,667 Car-lot shipments carloads.. 2,387 4,308 Potatoes, car-lot shipments carloads. 18,381 17,389 Onions, ear-lot shipments carloads.. 1,298 2,195 Citrus fruit, car-lot shipments carloads. 2,421 1,908 Hay production, mo. est. .thous. of short tons. 10 92,886 » 92,886 38,294 69,674 9,005 7,102 61,982 130 150 79 35 1909-13 1919 1919 1919 1919 1909-13 41 79 56 53 + 66.9 120 94 63 50 - 21.9 63 51 49 15 + 14 52 63 25 15 201 197 100 149 105 ~ 20.8 61 62 108 114 117 18 50 17 18 35 1.4 115 63 + 71.4 114 107 137 148 122 85 118 134 54 75 116 - 0.7 5.4 126 + 69.1 94 67 115 71 45 35 - 21.2 121 143 137 141 141 141 0.0 65 91 91 86 83 105 + 25.7 55 95 87 78 75 116 + 54.7 28 81 83 72 51 107 +110.3 74 87 95 93 88 97 + 10.4 132 136 141 146 112 101 - 10.0 Cattle a n d Beef. Receipts, primary markets thousands. Shipments, primary markets thousands. Shipments, stocker and feeder thousands. Slaughter thousands. Exports of beef products thous. of lbs.. Cold-storage holdings of beef (1st of following month) thous. of lbs. Inspected slaughter production, .thous. of lbs. Apparent consumption thous. of lbs. Prices, Chicago: Cattle, corn-fed dolls, per 100 lbs.. Beef, fresh native steers..dolls, per 100 lbs. Beef, steer rounds, No. 2. .dolls, per 100 lbs. 1,709 669 223 1,002 15,281 2,149 1,035 469 1,106 13,751 1,867 846 355 997 18,499 a 47,030 407,330 400,152 48,225 o67,337 347,791 343,882 9.700 14.80 17.00 10.375 15.50 16.38 2,980 Receipts, primary markets thousands. Shipments, primary markets thousands. 1,025 Shipments, stocker and feeder thousands. 31 Slaughter thousands. 1,940 Exports, pork products thous. of lbs. 133,426 Inspected slaughter production., thous. of lbs. 567,065 Apparent consumption thous. of lbs. 488,760 Cold-storage holdings, pork products (1st of following month), thous. of lbs. O826.535 Prices: 10.090 Hogs,heavy,Chicago dolls, per 100 lbs. 23.80 Pork, loins, fresh.Chicago. dolls, per 100 lbs. 3,037 1,065 31 1,976 127,667 13,631 5,637 2,365 7,893 121,127 + 11.5 + 17.1 + 35.5 + 7.6 -8.4 1919 1919 1919 1919 1913 28 24 21 20 9.9 9.4 1919 1913 1919 35 2,505,299 2,753,845 2,467,873 2,699,596 101 118 124 125 119 77 92 94 94 1913 1913 1913 99 103 101 104 114 122 + 115 124 112 112 114 120 + 122 122 116 123 130 73 71 100 101 80 77 78 96 93 86 23 31 93 76 41 71 68 101 106 76 209 213 121 146 163 110 94 133 149 117 160 148 170 178 175 8.775 16.00 16.00 20 + 2.5 7.0 4.7 125 - 3 . 6 Hogs and Pork. 81 + 1.9 3.9 0.0 41 78 + 1.9 156 - 4.3 2,656 27,611 27,898 + 1.0 931 9,492 9,715 + 2.3 23 344 408 + 1&6 1,722 18,126 18,179 + 0.3 174,917 1,189,817 960,609 - 19.3 529,514 4,176,337 4,296,403 + 2.9 439,480 2,828,419 3,120,041 + 10.3 1919 1910 1919 1919 1913 1913 1919 738.255 773,852 1919 101 85 83 94 91 81 - 10.7 8.688 25.60 9.690 28.50 1913 1913 116 116 125 122 121 104 - 13.9 150 192 160 135 160 173 + 1,677 717 204 956 34,033 1,951 904 350 1,021 2,500 1,123 404 1,335 35,040 3,308 3,371 5,903 1919 5.475 12. 735 5.344 12.438 3.075 9.740 1913 1913 133 18,738 25,601 20,167 32,211 17,267 47,462 112,457 1919 1919 65 77 16,709 15,571 15,128 I 108,050 1919 52 76 32 30 89 + 7.6 Sheep a n d Mutton. Receipts, primary markets thousands. Shipments, primary markets thousands. Shipments, stocker and feeder thousands. Slaughter thousands. Inspected slaughter production, .thous. of lbs. Cold-storage holdings, lamb and mutton (1st of following month) .thous. of lbs. Prices: Sheep, ewes, Chicago dolls, per 100 lbs. Sheep, lambs, Chicago., .dolls, per 100 lbs. Fish. Total catch thous. of lbs. Cold-storage holdings, 15th of mo.thous. of lbs. 14,777 6,261 1,100 8,526 280,687 12,946 6,014 1,473 6,896 234,910 + - 12.4 3.9 33.9 19.1 16.3 136,624 + 21.5 1919 1919 1919 1919 1913 110 75 75 74 93 69 64 59 + 16.3 + 26.1 + 71.6 + 6.8 70 25 31 35 127 81 88 91 85 63 70 65 70 27 44 66 126 100 117 114 - 2.4 125 160 147 163 160 - 2.3 87 91 108 116 + 7.6 34 41 52 + 25.8 73 82 84 79 - 6.8 58 52 42 - 9.8 40 + 1.9 Poultry. Receipts at five markets Cold-storage holdings (1st of following month). .thous. of lbs. thous. of lbs. a Revised. 27,666 20,064 10 September 1 estimate. 125,299 + 16.0 1919 " October 1 estimate. 36 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (t) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the ftfc August, 1S22 SURVEY ( N O . 12). Corresponding month, July or August, 1921. I N D E X NUMBERS. Per centage increase Percentage in- ( } t CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1922 1921 orde- gust from July. Au- May. June. July. gust. 1921 1922 179,021 139,050 1 - 2 2 . 3 1919 485,559 4- 21.2 137,670 4- 12.2 13,794 4- 13.4 1919 FOODSTUFFS—Continued. Dairy Products. Condensed and evaporated milk: Exports thous. of lbs.. Receipts of 5 markets: Butter thous. of lbs.. Cheese thous.oflbs.. Eggs thous. of cases.. Cold-storage holdings (1st of following month): Creamery butter thous. of lbs.. American cheese thous. of lbs.. Case eggs thous. of cases.. Wholesale prices at 5 markets: Butter dolls. per lb.. Cheese dolls, per lb.. Fluid milk: ReceiptsBoston ( i n c l u d i n g cream) thous. of q ts.. Greater New York thous. of cans.. ProductionMinneapolis, St. Paul...thous. of qts.. I: 8,823 11,247 30,360 92,829 23,940 1,661 62,494 19,819 1,028 62,337 ! 400,582 12,863 122,710 1,100 i 12,160 103,329 46,287 10,161 112,062 53,626 9,609 .367 .200 .362 .200 16,377 2,412 15,402 2,302 14,311 I 2,229 I I 114,965 17,445 121,087 li+ 5.3 17,991 j;+ 3.1 13,509 11,042 11,773 103,960 111,912 !|+ 7.6 2,009 451,011 530,334 309,413 3,939 425,960 540,024 262,959 88,887 89,824 .052 .052 .066 .067 24 43 135 136 118 79 95 93 1919 1919 22 ! 22 150 116 218 12 16 4- 27.5 202 I 136- 32.7 147 | 122- 17.2 131 j 87 - 34.1 203 140 162 1916-20 147 111 206 164 125 195 1919 66 76 64 61 56 i 62 61 -1.4 65 65 0.0 110 149 125 : 166 ! 129 125 165 161 92,292 | 46,635 7,210 1916-20 .448 .200 1916-20 1919 118 162 1919 1913 23 I 120 j 183 : 199 4- 8.5 15.9 42 : 89 I 125 | 144 218 j 266 I 275 260 - 5.4 118 i— 6.0 154 — 4.6 i! ii 1919 ! 179 165 226 I 224 189 155 — 18.3 Sugar. Receipts, Louisiana crop long tons.. Imports, raw long tons.. Meltings, raw long tons.. Stocks, raw long tons.. Exports, refined long tons.. Prices: Wholesale, 96° centrifugal, New York dolls, perlb.. Wholesale, refined, N. Y... .dolls, per lb.. Retail, average 51 cities index number.. Cuban movement: Receipts at Cuban ports long tons.. Exports long tons.. Stocks long tons.. Coffee. Imports thous. of lbs. Visible supply (1st of following month); World thous. of bags. United States thous. of bags. Receipts, total, Brazil thous. of bags. Clearances: thous. of bags. Total, Brazil, for world Total, Brazil, for U. S thous. of bags. 294,169 526,849 650.164 4,029 18,490 22,850 |+ 23.6 254,931 2,065,066 3,592,362 | + 74.0 414,545 2,535,548 3,954,383 ||+ 56.0 133,421 59,400 844,487 i'+167.9 315,269 1913 1913 1919 1919 1909-13 25 27 7 13 145 70 254 264 127 95 178 164 140 167 285 290 2,272 2,012 4,959 5,560 24 j 16 I 257 242 166 | 163 ! 324 276 '3,010 3,042 4- 51.0 - 5.6 4- 1.8 - 15.0 4- 1.0 .047 1913 127 134 116 .058 1913 1913 128 129 137 136 123 1919 1919 1919 29 46 213 40 87 190 168 j 104 89 56 - 37.6 174 166 I 162 108 - 33.6 162 ; 1 3 1 ! ioi 72 - 29.1 183,441 130,619 3,416,758 3,664,344 + 7.2 349,979 283,340 3,018,329 3,327,809 4- 10.3 460,987 1.225,285 90,591 69,166 8,600 1,124 657 8,775 904 1,089 9,032 1,685 1,216 8,270 732 325 1,041 425 310 7,659 3,748 7,208 9,657 7,844 38,457 j 52,072 622 5,137 I 4,430 ! 33,947 i 4,333 — 2.2 35,444 + 4.4 1913 1913 3fi,873 | 258,475 | 287,171 + 11.1 1913 94,897 ! 924,048 799,697 ; - 13.5 1909-13 i 111 125 131 \ 147 148 0.0 137 j 154 158 4- 1.5 120 j 129 | 138 147 4- 6.5 161 126 120 91 — 23.7 74 4- 2.0 48 - 19.6 114 4- 65.8 77 90 121 77 89 127 75 61 80 73 • 6,756 - 18.3 1913 1913 1913 7,688 4- 0.4 3,381 - 9.8 1913 1913 99 98 101 79 71 86 76 1909-13 62 68 65 i 87 117 4- 34.0 99 90 321 ! 396 355 98 93 | 1024- 9.4 409 405 , 492 4- 21.5 73 57 | 59 46; 69 74 83 105 4- 42.2 108 4- 30.8 Tea. Imports., .thous.oflbs. + 35.4 95! Tobaeco. Production (tax-paid withdrawals): Large cigars millions.. 586 641 Small cigarettes millions.. j 5,247 6,374 Manufactured tobacco and snuff thous. of lbs..; 35,449 41,476 Exports: Unmanufactured leaf thous. of lbs.. 32,319 28,958 Cigarettes thousands..; 700,044 1,052,855 Sales at loose-leaf warehouses thous. of lbs.. l, 953 Price, wholesale, Burley good leaf, ! dark red, Louisville dolls, per 100 lbs.. j 27.50 27.50 87 100 i 97 ' 103 96 112 4- 17.0 52,815 370,871 I 262,683 — 29. 660,333 5,512,620 | 7,537,561 + 36.7 52,939 532,701 ! 183,562 — 65.5 27.50 j . 1909-13 1913 1919 1913 169 168 127 I 95 103 , 92 65 | 342 567 | 610 362 545 - 10.4 4- 50.4 15 I 64 2 I 1 2 208 208 208 I 208 j 208 208 0.0 37 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the SURVEY ( N O . Corresponding month, July or August, 1921. August, 1922 July, 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 10,286 321 316 240 709 7,498 197 2,716 | 2,069 | «6,259 ! 30,828 I 3,269 2,092 "6,999 32,543 3,035 3,505 6,540 2,885 3,287 6,172 20,257 21,086 j 41,344 12). INDEX NUMBERS. Percentage increase (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD, I ! ! i 1921 Percentage increase ( ) t 1922 or decrease (-) August from July. Au- May. June. July. AuJuly. gust. gust. TRANSPORTATION—WATER. Cargo Traffic. Panama Canal : In American vessels.. .thous. of long In British vessels thous. of long Total cargo traffic thous. of long Sault Ste. Marie Canal thous. of short New York State canals.. .thous. of short tons.. tons.. tons.. tons.. tons.. 482 367 1,211 10,235 thous. of net tons.. thous. of net tons.. thous. of net tons.. 3,187 3,435 6,622 + 20.4 + 1.1 + 11.8 + 5.6 1915 1915 1915 1913 1913 173 131 174 82 97 209 110 206 75 91 334 174 284 33 42 264 146 240 81 61 L I | I ! 264 200 297 103 103 4- 0. 5 2.0 Vessels in Foreign Trade. Entered in U. S. ports: American Foreign Total Cleared from U. S. ports: American Foreign Total I thous. of net tons.. thous. of net tons.. thous. of net tons.. 2,903 | 3,274 j 6,178 I 3,053 3,286 6,339 19,775 21,797 + 41,582 + 2.4 3.4 0.6 1913 1913 1913 221 I 97 128 245 101 139 222 i 271 259 90 105 107 + 125 149 147 - 19,679 + 21,425 41,104 - 3.0 2.9 0.2 1913 1913 1913 201 104 131 206 100 129 210 94 126 Jan. 1920 Jan. 1920 42.5 36.8 42.9 36.7 2,582 3,223 5,805 19,110 22,063 41,174 27.9 25.7 19 244 102 141 232 101 138 27.5 28.8 25.7 25.9 29.2 24.6 - - 2 . 5 + 1.4 -5.0 + 13.1 - 36.1 514 78 1920 1919 21,367 i 3,850 131,267 j 54,566 174,927 | 70,455 69,238 130,596 246,740 1919 1919 1919 113 214 170 84 173 130 16,550 | 35,819 6,633 | 13,835 24,973 | 58,670 641 67 739 1919 1919 1919 20 2 16 3 2 3 374,087 1913 249 248 226 215 i 229 213 - 812,265 59,973 27,643 155,376 45,010 31,TC9 487,854 1919 1919 1919 1919 1919 1919 1919 94 145 73 82 73 81 95 101 154 84 88 79 85 103 108 90 47 107 49 114 106 102 89 53 110 144 119 1913 1913 1913 1913 1913 1913 •1913 178 189 181 200 116 174 140 200 190 198 210 151 179 143 181 149 176 196 103 177 124 188 167 186 200 128 174 144 101 105 103 110 22 18 5 ! 4.9 - 0 . 4 249 12 219 19 1.2 i Index of Ocean Freight Rates.t United States Atlantic t o United Kingdom, weighted index number.. All Europe weighted index number.. Ship Construction. Vessels under construction, thous. of gross tons.. New vessels completed.. .thous. of gross tons.. 4.8 TRANSPORTATION—RAIL. Freight Cars. Surplus: Box Coal number. number. Total number. Shortage: B ox number. Coal .number. Total number. Bad order cars, total (1st of following month) number Car loadings (weekly average): Total cars. Grain and grain products cars. Live stock cars. C oal cars. Forest products cars. Ore cars. Merchandise and miscellaneous cars. Railroad Operations. Revenue: Freight thous. of dolls. Passenger thous. of dolls. Total, operating thous. of dolls. Operating expense thous. of dolls. Net operating income thous. of dolls. Receipts per ton-mile index number. Pullman passengers carried thousands. I 85 259 161 - 82.0 - 58.4 - 59.7 73 ! 26 195 ! 174 179 92 7 : 87 +116. 4 75 j 158 + 108.6 20 103 243 + 134.9 6.8 345,013 | 321,674 828,029 50,227 26,723 75,639 55,181 63,528 547,143 299,169 100,668 443,183 340,726 69,239 895,591 -56,177 25,665 98,499 57,838 66,264 556,560 a 3*4,821 2,185,407 683,889 a 462,940 3,139,359 a 362,756 2,726,336 a 69,324 214,714 | i j | j 2,891 ; 3,063 2,970 490 i 501 443 21,243 2,164,725 603,568 3,054,531 2,419,602 418,277 - 0.9 - 11.7 - 2.7 - 11.3 + 94.8 20,877 - 1.7 ! I ! | ! 112 144 78 56 102 177 118 + + + + 148 + 5.! 103 105 107 109 2.2 1.9 103 129 81 43 97 170 116 8.2 11.8 4.0 30.2 4.8 4.3 1.7 175 174 187 U6 140 LABOR. Number employed: New York State Wisconsin thousands.. index number. i Revised. * Average for fiscal year ending June 30. * Cumulative for period April to August, inclusive. J 1914 1915 TREND OF BUSINESS MOVEMENTS-Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) ! have not been published previously in the i SURVEY or are repeated for special reasons; j detailed tables covering back figures for these ;j items will be found at the end of this bulletin. For items marked with a dagger (f) detailed j tables were given in the September number I (No. 13). For detailed tables covering other j items, see the last quarterly issue of the | SURVEY (No. 12). LAB OR—Continued. , F a r m prices: 12,136 ! 1921 12,580 J 1922 BASE YEAR OR PERIOD. 1921 (+) 1922 or decrease gust from July. Au- May. June. July. AuJuly. gust. gust. 1922 from 1921. 11,280 82,790 282,125 41,241 42,735 48,707 523,319 14,738 10,448 38,352 265,067 251,073 - 52.0 145,943 ; - 44.9 1914 189 190 200 205 « 1915 167 186 206 219 200 " 1915 187 202 197 " 1921 112 107 63 47 1913 39 41 31 30 1913 74 75 45 53 204 | 212 + 3.7 200 I 217 + 8.5 186 | 200 + 7.5 31 - 16.6 38! 35 j 36 + 3.6 20 - 29.1 29 ! j j First quarter of year M Nine months' average, April to December, inclusive. (+ or decrease (-) cumulative 99,210 Crops index number.. . Live stock index number. J . Wholesale prices: Department of L a b o r Farm products index number. Food, etc index number. Cloths and clothing index number. Fuel and lighting index number. Metals and metal products index number. Building material index number. Chemicals and drugs, .index number. House-furnishing goods index number. Miscellaneous index number. All commodities index number. Federal Reserve Board—(Department of Labor prices)—(Revised)*— Agricultural products, .index number. Animal products index number. Forest products index number.. Mineral products index number. Total raw products index number. Producer's goods index number. Consumer's goods index number. All commodities index number. Federal Reserve Board I n d e x Goods imported index number. Goods exported index number. All commodities index number. Dun's (1st of following mo. )index number. Bradstreet's (1st of fig mo.) index number. Retail prices, food index number. Cost of living: National Industrial Conference B o a r d Food index number. Shelter index number. Clothing index number. Fuel and light index number. Sundries index number. All items weighted index number. Foreign wholesale prices: United K i n g d o m British Board of Trade.index number. London Economist index number. France index number. Italy (Bachi) index number. Germany index number. Sweden index number., Switzerland index number. 11 CUMULATIVE TOTAL THROUGH LATEST MONTH. Percentage increase j Total pay roll: j New York stale thous. of dolls.. Wisconsin index number..|. Av.weekly earnings, Wisconsin.index number.. ! . Unemployment, Pennsylvania number.. j Immigration number..! Emigration number.. | P R I C E INDEX N U M B E R S . July, 1922 Corresponding August, ' month, July 1922 or August, i 1921. INDEX NUMBERS. Percentage! increase; 1913 107 108 118 119 118 114 1913 109 113 118 119 119 i 112 -3.4 -5.9 1913 119 123 132 131 135 1913 141 146 138 140 142 1913 172 171 175 179 180 1913 186 184 216 225 254 -2 181 + 271 + 1913 124 117 119 120 121 126 1913 160 156 I! 160 167 131 138 + 3.0 .8 0.6 6.7 4.1 1913 129 129 I 122 122 170 I 172+ 1.2 121 I 122 0.8 1913 180 179 176 176 173 I 173 1913 123 119 116 114 114 ! 115 1913 141 142 148 150 155 ! 155 1913 122 123 152 146 147 138 1913 113 114 122 123 130 127 1913 155 152 174 186 188 191 1913 172 169 202 211 241 261 1913 135 135 157 159 171 173 0.0 0.9 0.0 + 6.1 2.3 1.6 8.3 1.2 0.0 3.2 0.0 1913 128 125 125 127 129 129 1913 154 157 150 151 154 149 1913 141 142 148 150 155 155 1913 103 104 119 124 129 127 1913 126 127 155 163 165 1913 145 146 158 161 165 1913 135 134 140 144 143 1913 120 120 129 131 131 1913 148 155 139 141 142 162 165 142 131 j 139 1.6 1.2 0.0 0.7 0.0 2.1 139 165 153 181 172 155 2.1 0.0 0.6 4.0 0.0 0.6 Jy., 1914 144 148 139 141 142 Jy., 1914 169 169 165 165 165 Jy., 1914 164 159 156 153 154 Jy., 1914 179 179 174 174 174 Jy., 1914 185 183 174 174 172 Jy., 1914 163 162 155 155 156 1913 198 178 1913 330 1913 520 164 194 163 162 179 163 317 331 325 524 542 537 1,843 ; 6,809 7,978 198 ! 164 164 164 1913 Jy., 1914 1,798 1913 211 II j 1+ | j - 325 158 j - 3.1 331 !+ 1.8 165 163 ; - 163 1.2 39 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the Tnlxr 1922 Corresponding A 1922 SURVEY ( N O . 12). July or August, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 Percentage mcrease 1922 (+) or decrease (-) August AuAuJuly. gust. May. June. July. gust. from July. PRICE INDEX NUMBERS-Contd. Foreign wholesale prices—Continued. Canada . . . . . . . . . . i n d e x number.. Australia Index Tinmbftr India (Calcutta) index number.. Japan (Tokyo) index number 176 174 167 Jy., 1914 159 183 160 184 155 187 1913 196 199 194 1913 133 134 159 157 131 1913 Jy., 1914 165 156 166 183 181 201 178 - 1 . 7 197 194 174 154 182 137 166 193 261 154 154 270 233 444 157 153 168 272 164 — 1.2 157 DISTRIBUTION MOVEMENT. Mail-order houses, total sales.. .thous. of dolls.. Sears, Roebuck & Co thous. of dolls.. Montgomery Ward & Co.. .thous. of dolls.. Chain stores, total sales c thous. of dolls.. F. W. Woolworth Co thous. of dolls.. S. S. Kresge Co thous. of dolls.. McCrory Stores Corp thous. of dolls.. S. H. Kress & Co thous. of dolls.. J. C. Penney Co thous. of dolls.. United Cigar Stores Co thous. of dolls.. Owl Drug Co thous. of dolls.. Music (4 chains) index number.. Grocery (16 chains) index number.. Drug (7 chains) index number Cigar (3 chains) index number ShOfl (A chains) 17,355 12,245 5,110 21,101 12,557 4,901 1,293 2,250 3,202 6,100 17,709 12,156 5,553 21,676 12,960 5,122 1,369 2,225 3,424 6,064 17,960 12,477 5,483 19,273 11,641 4,311 1,122 2,191 3,354 6,160 895 938 882 160,051 112,568 46,982 142,427 84,597 32,592 8,306 16,891 27,234 49,507 6,805 160,367 106,904 52,463 159,896 95,734 36,921 9,750 17,491 26,337 46,039 6,821 + + + + + + + - 0.2 5.0 11.7 12.3 13.2 13.3 17.4 3.6 3.3 7.0 + 0.2 1913 1913 225 242 195 211 1913 370 390 1913 233 1913 1913 1913 249 244 231 1,497 1,526 254 250 1 849 253 276 280 265 263 225 228 444 448 271 287 251 248 279 1,813 1,455 1,556 246 241 247 274 275 289 79 97 81 132 137 133 124 126 127 127 127 106 101 85 123 1913 273 271 261 1919 1919 56 72 121 1919 115 122 81 137 1919 1919 129 101 128 87 127 1919 79 82 117 111 79 19,411 - 14.1 1913 238 286 128 135 254 225 15 13,280 - 0 . 5 ; 694,750 + 3.8 172,978 + 9.1 j 1913 90 110 102 121 87 108 85 134 1919 1919 92 105 108 121 93 95 116 121 106 1919 93 94 Q9 90 90 1919 1913 1913 1913 95 75 95 on 88 86 346 566 99 402 134 342 146 784 512 418 553 141 340 384 1919 1919 99 98 96 on *89 88 87 86 108 98 93 | •• indp.T TUTmber Total department store sales (159 stores) . index number Wholesale trade by Federal Reserve districts. (See detailed table, p. 44.) American Wholesale Corporation, total sales thous. of dolls.. Magazine advertising (for following month) thous. of lines.. Newspaper advertising thous. of lines.. Postal receipts thous. of dolls.. 1913 1913 120 123 129 + 2.0 + + 235 + 464 + 304 + 0.7 8.7 2.7 3.2 4.5 5.9 — 1.1 + 6.9 - 0 . 6 + 4.8 + 22.3 + 3.8 + 0.8 0.0 — 15.8 85 + 7.6 3,468 3,073 3,912 22,586 1,243 77,966 19,543 1,485 77,393 21,a72 1,325 71,177 19,289 iU3,351 669,416 158,498 22,716 22,795 23,680 17,751 204,977 218,697 17,534 39,012 216,778 218,026 4,337 39 47 4,394 39.33 4,737 4a 77 19,713 16,315 18,287 15,817 15,186 14,833 135,316 126,318 158,439 + 17.1 131,668 + 4.2 1919 1919 80 85 75 85 106 18,337 12,298 16,938 12,342 14,556 11,083 127,927 94,450 144,716 + 13.1 95,664 + 1.3 1913 1913 195 188 185 181 244 255 210 233 204 201 215 - 7.6 202 + 0.4 697 380 2,127 3 181 1,888 79.2 691 404 2,153 3,196 1,882 79.2 256 1,492 2.481 2 788 1,691 66.8 1916 1919 1919 1 1919 1919 1919 187 85 97 123 88 126 178 77 95 127 87 133 501 24 82 143 97 155 494 24 81 144 100 154 484 20 81 145 97 158 480 21 82 146 97 158 - 11.4 + 19.5 - 0.7 116 + 9.4 PUBLIC FINANCE. U S interest-bearing debt mills of dolls Liberty and Victory Loans and War Saving securities mills of dolls Customs receipts thous. of dolls.. Ordinary receipts thous. of dolls.. Ordinary disbursements thous. of dolls.. Money held outside U. S. Treasury and Federal Reserve System: Total mills, of dolls.. Per capita . dollars 37,492 19,611 £13,152 26,449 285,939 + 34.1 242,443 3,108,925 2,216,397 + 28.7 291,158 2,929,071 1,971,423 - 32.7 95 90 + 03 85 147 359 383 1.2 + 4.1 + 5.8 - 0 . 3 89 + 1.3 87 *+ 1.2 BANKING AND FINANCE. Banking. Debits to individual accounts: New York City mills of dolls.. Outside New York City... .mills, of dolls.. Bank clearings: New York City mills, of dolls.. Outside New York City... .mills, of dolls.. Federal Reserve Banks: Total investments mills of dolls.. Bills discounted mills of dolls . Notes in circulation mills of dolls Total reserves mills of dolls Total deposits mills of dolls Reserve ratio ..percent.. l » Cumulative for period January to September, inclusive. c Includes Woolworth, Kresge, McCrory, and Kress only. 92 97 90 — 7.2 90 - 3.1 — + + + — 0.9 6.3 1.2 0.5 0.3 0.0 40 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons: detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the August, 1922 July, 1922 SURVEY (NO. 12). CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or August, 1921. or decrease (-) 1921 INDEX NUMBERS. Percentage increase 1922 cumulative 1922 from 1921. BASE YEAR OR ERIOD. Percentage increase 1922 1921 August. (+) June.jJuly. Au- or decrease (-) August from July. BANKING AND FINANCE—Continued. Banking—Continued. Federal Reserve member banks: Total loans, discounts, and investments mills, of dolls.. 15,189 Total investments mills, of dolls.. 4,450 Total loans and discounts., mills, of dolls.. 10,739 Net demand deposits mills, of dolls.. 11,043 Interest rates: New York call loans per cent.. 3.88 Commercial paper, 60-90 days.. .per cent.. 3.78 Saving deposits (balance to credit of depositors): Boston Federal Reserve district thous. of dolls.. 1,102,250 New York Federal Reserve district thous. of dolls.. jl, 728,753 Philadelphia Federal Reserve district thous. of dolls.. 423,963 Cleveland Federal Reserve district thous. of dolls.. 377,989 Richmond Federal Reserve district thous. of dolls.. 269,238 Chicago Federal Reserve district thous. of dolls.. 776,081 San Francisco Federal Reserve district thous. of dolls.. 766,807 U.S. Postal Savings thous. of dolls.. 137,175 Life Insurance. Policies, new: Ordinary thous. of policies.. Industrial thous. of policies.. Group number of policies.. Total insurance thous. of policies., Amount of new insurance: Ordinary thous. of dolls.. Industrial thous. of dolls., Group thous. of dolls.. Total insurance thous. of dolls. 15,294 4,532 10,761 10,942 14,759 3,268 , 11,491 9,968 ! 1919 1921 1921 1919 97 95 97 101 97 94 99 123 91 104 100 100 101 + 132 j 135+ 131 90 90 ! 90 + 105 | 104 103 I - 0.7 1.8 0.2 0.9 1913 1913 179 -| 179 I 125 130 I 122 : 126+ 3.1 111 ! 103 ii 74 70 i 65 i 68 + 4.0 104,435 1,061,725 1920 103 728,310 1,654,316 1920 108 i 108 111 113 ! 113 113 106 109 109 ! 109 j 108- 0.4 4.00 3.93 i 5.69 : 5.94 102 105 106 106 i 107+ 0.2 0.0 422,128 412,108 j 1920 106 I 380,941 381,385 i 1920 111 110 109 111 ! 109 I 110+ 0.8 269,220 245,075 ! 1920 109 109 119 123 119 j 119 778,906 768,092 | 1920 101 ! 100 101 103 102 j 102+ 0.4 772,150 136,725 711,145 152,400 1919 1913 123 384 122 129 354 132 349 132 133 + 0.7 345 344 - 0.3 - 4.0 + 10.6 + 18.3 + 7.1 1913 1913 1913 1913 205 113 191 117 228 164 128 129 175 ,222 ; 215 ; 201152 I 143 ! 135! ! 164 154 j 146 - 6.3 5.5 20.0 5.7 i 2,968,362 3,134,834 + 5.6 | 796,056 925,087 + 16.2 107,854 + 114.1 ; 50,381 9.3 3,814,795 I 4,167,775 1913 1913 1913 1913 267 158 283 237 319 250 163 l| 241 223 1,164 357 305 299 226 ; 292! 198| 672• 268- 5.2 6.8 12.3 5.7 16,851 + 39.9 454,006 + 14.5 1913 1913 188 117 189 147 195 130 168 131 j 128 — 2.2 176 177 + 0.7 0.0 159 542 55 701 149 512 44 661 405,609 110,423 11,068 527,099 384,328 102,901 9,709 496,938 1,753 40,010 1,714 40,280 178,100 242,075 236,801 1*2,437,173 "2,446,883 + 0.4 1913 117 160 i 194 232 120 163 + 35.9 227,976 222,612 138,929 1,751,655 2,321,923 + 32.6 1913 124 101 240 166 162 — 646,605 109,040 744,528 | 844,128 + 13.4 42,930 531,706 | 189,656 - 64.3 580,141 5,979,353 5,475,911 - 8.4 1913 1913 1913 320 107 164 355 102 337 362 37 545 495 48 173 343 60 368 375 + 1.9 274,832 + 10.3 60,769 + 15.0 1913 1913 275 184 278 193 305 243 307 246 304 217 141 ! 446 i 36 587 ; 329,124 84,583 5,153 418,859 1,291 ! 4,178 | 328 | 5,468 j 1,239 4,620 388 5,858 308 213 766 285 Business Finances. Business failures: Finns number. Liabilities thous. of dolls. Dividend and interest payments (for following month) thous. of dolls. New capital issues: Corporations thous. of dolls. States and municipalitiesPermanent loans thous. of dolls. Temporary loans thous. of dolls. New corporations thous. of dolls. Telephone earnings: Total operating revenue.. .thous. of dolls. Total operating income thous. of dolls. Telegraph earnings: Commercialtelegraph tolls, thous. of dolls. Telegraph and cable operating revenue thous. of dolls. Operating income thous. of dolls. Credit conditions: Orders per ct. of total transactions. Indebtedness .per ct. of total transactions. Payments per ct. of total transactions. 116,740 24,135 634,259 39,889 8,055 1,562 I 12,041 42,904 ! 396,349 36,160 6,829 249,111 52,823 8,198 7 805 • >***** 56,164 55,846 - 0.6 1919 103 108 113 ! 115 108 10,363 1,364 9,989 816 71,777 7,541 70,840 - 1.3 10,316 + 36.8 1919 1919 99 50 105 78 108 123 109 128 103 83 1916 1916 1916 99 92 102 99 89 99 87 115 90 96 111 88 101 110 84 27.9 42.7 46.0 30.0 42.8 45.2 27.2 34.5 54.3 Cumulative for period, January to September, inclusive. 2.4 109 + 7.9 110 + 0.0 82 '- 2.4 41 TREND OF BUSINESS MOVEMENTS NUMERICAL DATA. XOTE.—Items marked with an asterisk (*) | have not been published previously in the j SURVEY or are repeated for special reasons: : detailed tables covering back f gures for these • items will be found at the end of this bulletin. For items marked with a dagger (t) detailed , tables were given in the September number I (No. 131. For detailed tables covering other | items, see the last quarterly issue of the \; July, 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or' August, 1921. August, 1922 SURVEY (NO. 12). Continued. Percentage increase' (+) or decrease (-) 1921 1922 cumulative 1922 from 1921. INDEX NUMBERS. 1922 1921 BASE YEAR OR PERIOT*. Per.,; centage inicrease I or deI crease ^ (-) ! AuAu- I gust . : June. July, gust, I from ' i July. Au- July. BANKING AND FINANCE—Continued. Stocks and Bonds. Stock prices, closing: 25 industrials, average dolls. per share.. 25 railroads, average dolls, per share.. Stock sales (N. Y. Stock Exchange) thous. of shares.. Bond sales: Miscellaneous thous. of dolls.. Liberty-Victory thous. of dolls.. Total thous. of dolls.. Bond price index numbeis: Highest-grade rails index number.. Second-grade rails index number.. Public utility index number.. Industrial index number.. Combined price index . . . .index number.. Municipal bond yield per cent.. Gold and Silver. Gold: Domestic receipts a* n i l n t - - - -fine ounces.. Rand output thous. of ounces.. Imports thous. of dolls.. Exports thous. of dolls.. Silver: Production thous. of fine oz.. Imports thous. of dolls.. Exports thous. of dolls.. Price at New York dolls, per fine oz.. Price at London .. .pence per standard oz.. FOREIGN EXCHANGE RATES. Europe: England dolls, per £ sterling.. France.' dolls.per franc.. Ttaly dolls, per lire.. Belgium dolls, per franc.. < iermany dolls, per mark.. Netherlands dolls, per guilder.. Swedon dolls, per krone.. Switzerland dolls, per franc.. Asia: Japan. dolls, per yen.. India dolls, per rupee.. Americas: Canada dolls, per Can. doll.. Argentina dolls, per gold peso.. Brazil dolls, per milreis.. Chile dolls, per paper peso.. General index of foreign pxchancp index number., 99.31 63.83 103. 75 67.56 70.45 53.48 15,149 17,850 10,992 188,691 114,284 302,975 222,863 1913 113,365 | 170,727 1913 50.6 777,810 ; 1,719,563 +| 121.1 100,246 127,718 j 1,218,446 , 1,189,042 - 2.4 45.7 227,964 I 1,996,256 ! 2,908,605 89,855 312,718 127; 1 2 1• |jI 64 : 64 I; 1913 75 166 j 171 74 ! 77 1 7 8 ji-f 4.5 81 + 5.8 159 || 418 347 ! 219 258 + 17.8 134 j 166 1919 1919 1919 154 ! 141 i; 322 277 I 265 312 + 18.1 60 ; 54 || 61 53 I 48 38 I— 21.4 82 : 74 11 122 105 j 98 101 + 3.3 1915 1915 1915 1915 1915 1913 81 79 72 70 77 118 1913 60 1913 94 I 88.09 89.01 73.66 73.18 75.05 61.08 68.47 69.83 53.87 74.64 75.73 53.09 75.44 76.80 59.59 4.19 4.15 5.22 92,399 103,262 738 42,987 645 19,092 672 956 4,341 5,562 6,957 4,944 6,269 3,861 .702 .694 35.644 93,12* | .V*7,o39 712; 5,330 84.902 j 495,092 11,744 752 j 4,017 ; 7,853 | 3,743 ! .616 j. 38.096 '. 34.957 639,304 Ij-f 8.8 3,946 j - 26.0 1*5,092 ji- 62.6 11,097 jj- 5.5 1913 94 96 93 106 97 94 95 95 92 105 97 \ j I | 98 97 93 106 98 94 99 H 1.0 99 --\ 2.1 95 •-) 2.2 107 .-\ 0.9 100 H 2.0 93 - 1.1 63 i 55 52 : 62 70 97 |: 86 92 101 103 1,210 1,599 j- 169 244, 810 360 .55.6 44 21 K 12 f 48/2 1913 35,062 • |- 5.5 46,793 jj+ 17.5 42,291 j|+ 41.5 37,104 39,816 29,898 82 ! : 81 ! : 73 ! 76 ! : 78 ! i 117 \ 1913 1913 1913 1913 1913 ; 49 9 ; 70 151 } II.S 4 19 72 263 76 184 86 78 100 4 2«. 1 : 212 233 165 - 72 : 109 115 ! 120 74 • - 28. I 38.4 101 103 119 119 j 117 116 136! 138! 131 130 j 129 127 - 1.9 75 1. 91 47 91 ; 46 1 91 43 92 41 -I ;- 0. 2 2. 4 75 40 1.1 .046 .045 .043 Parval. Parval. Parval. i 23 22 j! 27 \ 26 ; 24 23 .078 .075 .075 Parval. j; 40 39 44 \ 42 j 40 39 .002 .001 .012 Parval. i .388 .388 _ .310 5 79 77 |i 1 | 96 i 1 96 | 96 97 3. s ! - 50. 0 \ 0. 0 . 259 .263 ! .211 79 79 |i 9<> I 96 j 97 98 ,4 .191 .190 86 87 \- 100 : 98 99 99 Par val. ; Par val. 96 97 Par val. Par val. ; 88 ; Par val. ': 32 : Par val. :1 53 4.45 'i 65 .078 .082 I i Parval. ij Parval. j| Parval. 16* | 40 j: : 5 |i • 1 ! o 2 - — 1 0 j .478 .477 ; .484 .289 .290 | .242 . 989 .997 .818 .821 ; .898 : .666 ' . 118 ! .102 ! | .136 .134 i .130 . 137 i : j h 50 : ' 47 68 95 96 96 96 ,- o. 2 59 ! 59 ; 59 60 !+ °- 3 + 0. 8 + 0. 4 99 | 99 I 85 99 85 100 85 36 42 ; 42 42 41 52 ! 61 65 1 66 70 90 69 85 1 5 4- 5 4 52 | Par val. I . S. FOREIGN TRADE. Imports by Grand Divisions. Kurope: Total thous. of dolls. 75,095 France thous. of dolls. 9,059 'Germany thous. of dolls. 9,598 Italy t h o u s . of dolls. •5,155 Touted K i n g d o m thous. of dolls. 27,938 84,627 ! 13,390 10,737 ! 4,017 31,486 i ;+ 22. 3 — 2 3 ; i 1913 1913 79 82 104 117 ' + 12.7 98 i 94 \ 100 87 j 78 116 ',+ 47.8 "2, 712 ;|+ 38. 3 36, 417 I j - 6 5 j 1913 54 | 48 , 63 j 63 70 j+ 11.9 | 1913 104 I 112 87 j - 22.1 120 I 123 139 il+ 12.7 J9> 139 491,778 601, 218 923 92,228 90, 142 - 309 5, 728 52,583 38,935 15, 983 154,768 • 7 ! 214, 782 « I n d e x n u m b e r less t h a n one. ; + 38 8 1913 103 56 109 i 134 ; 121 66 ' 71 ! 112 105 42 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (j) detailed tables were given in the September number (No. 13). For detailed tables covering other items, see the last quarterly issue of the July, 1922 August, 1922 SURVEY (NO. 12). Corresponding mouth, July or August, 1921. (+) or decrease (-) CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 cumulative 1922 from 1921. BASE YEAR OR PERIOD. Percentage increase 1922 1921 July - ^^. I ^ a y . j <+> or decrease <-) AuAu- gust June.! July.gust. from July. U. S. F O R E I G N TRADE—Continued. I m p o r t s by G r a n d Divisions—Continued. North America: Total thous. of dolls.. Canada thous. of dolls.. South America: Total thous. of dolls.. Argentina thous. of dolls.. Asia and Oceania: Total thous. of dolls.. Japan thous. of dolls.. Africa, total thous. of dolls.. Grand total thous. of dolls.. Exports by G r a n d Divisions. Europe: Total 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., Ponth America: Total thous. of dolls. Argentina thous. of dolls. Asia and Oceania: Total thous. of dolls. Japan thous. of dolls. Africa, total thous. of dolls. Grand total thous. of dolls. 76,935 j 78,849 I 50,583 546,870 550,608 33,682 ! 32,185 I 23,695 226,360 217 444 - 3 . 9 + 0.7 1913 146 156 221 223 237 243 + 2.6 1913 199 200 239 259 284 272 ~ 4.4 i I 29,964 27,389 ! 23,799 206,956 8,234 7,920 6,646 45,004 66,479 59,849 25,64« 1,399 194,769 422,635 252,128 86,713 38,362 3,835 281,413 1.58,634 154,886 18,466 20,315 26,317 18,111 13,042 62,346 55,264 206,228 15,050 38,284 13,944 85,257 1,682,566 21,243 75,616 85,573 49,514 56,492 19,530 18,800 7,378 7,053 43,251 37,795 16,024 10,646 20,261 3,655 148,730 25,164 1,693,404 214 084 + 3.4 | j 1913 i 119 ! 144 j 200 170 \ 181 50 716 + 12.7 285 370 ! 386 312 1913 i 218 545,680 + 29.1 212 848 + 43.1 41,366 + 64.4 1,952,957 + 15.3 i 166 - 8 . 6 372 - 3.8 306 : 252 329 + 30.4 435 | 246 465 + 89.3 1913 200 227 : 1913 304 311 1913 82 71 217 | 100 | 185 194 + 1913 119 130 169 I 174 i 169 188 + 11.6 165 135 i 149 127 157 166 360 4.9 - 22.1 1913 147 157,735 + 11.9 213,358 - 18.9 1913 109 I 117 1913 124 | 130 1913 209 I 213 144 182 | 276 667,944 530,765 - 124 144 90 199 1913 145 ' 173 151 157 i 127 112 I - 11.4 102,141 68,362 831,517 570,544 142 152 ; 151 171 + 13.2 416,649 354,065 143 ! 147 168 + 14.1 13,919 5,486 214,572 140,938 | U 34.3 59,350 j | ~ 33.6 141,003 263,174 158,801 88,001 1,310,183 85,048 46.4 20.5 - 31.4 ~ 15.0 89 179 • 96 | +2.4 — 13.1 j+ 19.5 I— 28.0 1913 174 | 204 i 1913 155 • 203 i I 132 1913 127 114 ,1 1013 log 120 || 17R 364,981 ||- 17.2 1913 204 223 i 249 270 250 218 j - 12.6 142,683 37,142 6.5 1913 280 218 314 I 308 204 - 33.6 - 35.0 - 24.9 1913 154 157 174 i I 271 198 ; 178 177 149 162 i 146 197 + 11.0 1913 - 12.1 1913 126 138 139 132 128 1913 174 209 178 165 161 83 108 107 103 149 ! 171 197 160 I 154 - 3.7 161 j 154 !~ 4.4 ;| 440,744 I 4,282 4,751 301,313 301,805 40,402 16,548 4,198 366,888 81,784 82,661 88,581 741,591 651,657 38,817 37,762 310,872 24,141 171,716 187,262 18,579 20,326 50,584 19,589 18,194 395,387 24,237 172,296 21.3 9.1 151,524 - 12.1 60,419 60,032 51,346 463,413 472,213 23,919 395,872 69,046 133,923 ! 57,148 | 3,226,547 2,423,788 + 308 146 |+ 0.2 129 1+ 1.1 TRADE AND INDUSTRY OF FOREIGN COUNTRIES. United Kingdom. Imports (values): Total thous. of £ sterling. Food, drink, and tobacco thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles.thous. of £ sterling. Exports (values): Total thous. of £ sterling. Food, drink, and tobacco thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles.thous. of £ sterling. Reexports (values): Total thous. of £ sterling. Food, drink, and tobacco thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles.thous. of £ sterling. Exports of key commodities (quantities): Cotton piece goods thous. of sq. yds. Woolen and worsted tissues thous. of sq. yds. Iron and steel thous. of long tons. Coal thous. of long tons. Production: Pig iron thous. of long tons. Steel ingots thous. of long tons. Coal thous. of metric tons. Stocks, zinc short tons. 2,806 3,105 8,041 8,900 48,455 47,149 3,124 7,058 39,936 8,317 7*504 9,998 34,712 125 117 1.9 1913 99 117 133 119 138 137 - 0 . 6 23,896 0.1 + 81.8 377,153 - 4 . 7 1913 99 115 112 112 103 114 + 10.7 63,112 1913 121 150 132 138 153 + 10.7 1913 107 116 131 118 141 138 - 2 . 7 + 3.5 1913 103 | 109 ! 95 91 1913 j j 230 j 206 | 71,493 + 1913 90 1,601,938 I 2,674,833 + 70.0 377,985 212,403 17,305 17,526 8,232 74,978 252 270 76 1,028 5,064 6,146 3,103 9,945 19,099 15,950 32,007 37,297 17,854 399 412 94 1,671 471 521 434 1,967 16,869 68,870 4,342 19,473 149,656 9.4 113 18,139 443,937 126 + 112 76 | 2,744 4,683 2,567 156 - 2 . 7 0.0 103 1913 1913 1,288 4,110 2,105 4,804 1913 - 16.5 |+ 16.5 |+ 1.6 1,436 4,795 2,084 18,903 - 162 90 j 90 I 77 92 91 I 1920 92 84 120 73 67 78 78 61 83 43 63 66 20 47 74 78 19 105 + 66.0 1920 75 1913 66 38,394 +286.1 1913 83 2,961 3,550 140,632 56,401 + 77.2 + 80.5 +104.2 - 62.3 1913 48 1913 72 1913 98 1920 23 85 - 97 - 10.3 85 88 | 2,064 +100.8 124,428 121 | 108 82 86 - 14.3 1.0 102 !- 14.9 79 1.3 65 7.1 100 21.4 3.3 48 82 + 10.6 43 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; I detailed tables covering back figures for these items will be found at the end of this bulletin. For items marked with a dagger (f) detailed , tables were given in the September number [\ (No. 13). For detailed tables covering other items, see the last quarterly issue of the INDEX NUMBERS. i| Per- Percentage increase (+) or decrease _ | j centage |j increase July, 1922 August, 1922 SURVEY (NO. 12). CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, July or August, 1921. or decrease cumulative 1922 from 1921. 1921 1922 555,834 501,022 488,870 |- 22.0 477,474 j - 4.7 BASE YEAR OR PERIOD. 1922 1921 (-) August Au- May. June. July. Au- from July. Igust. gust. July. TRADE AND INDUSTRY OF FOREIGN COUNTRIES—Continued. Canada. Total trade: 60,757 Imports thous. of dolls.. 71,821 Exports thous. of dolls.. Exports of key commodities (quantities): 1,767 | Canned salmon thous. of pounds.. Paper, printing thous. of pounds.., 154,008 I Cheese thous. of pounds.. : 17,470 : 9,487 I Wheat thous. of bushs.. Production: 32 , Pig iron thous. of long tons.. 03 I Steelingots thous. of long tons.. 1,223 i Bank clearings mills, of dolls.. Bond issues: 7,500 Government and provincial. thous. of dolls. 3,990 ; Municipal thous. of dolls..: Total thous. of dolls..! 11,490 : 6,315 ! Corporation thous. of dolls, .j Employment: Trade-union employment, per cent em95.90 ' ployed Application number.., 40,486 j Vacancies , number.. I 36,606! PlacementsRegular number.. 2H.970 Ji, 176 Casual number.. Newsprint paper: , 90,282 Production short tons.. Shipments short tons.. 85,447 Stocks short tons.. 11,513 Exports short tons.. 77,004 Business failures: Firms number.. 210 Liabilities thous. of dolls.. 2,832 Building contracts awarded.. .thous. of dolls.. 26,694 , Argentina. Grain shipments: Wheat thous. of bushs.. i 13,265 Corn thous. of bushs.. 8,001 Oats thous. of bushs.. ! 1,290 : Flaxseed thous. of bushs.. > 5,380 I Visible supply: 3,328 ; Wheat thous. of bushs.. 2,400 ! Corn thous. of bushs.. 1,600 ; Flaxseed thous. of bushs.. 67,355 65,147 62,363 8,301 1,325 168,047 ; 130,643 17,179 | 15,258 11,587 ; 3,972 54 j| 1,127 : 4,000 6,544 10,544 None. || || 11 |i 90.90 ; 43,123 : 38,175 24,604 j 12,384 | 98,141 •• 72,295 97,764: 75,435 11,813 ! 15,919 84,024 65,322 11 11 ji j 199 248 | 3,849 j 4,119 25,188 ! 36,307 8, 482 | li, 133 7,168 ; 17,772 1,258 j 4,506 5,129 ! 3,236 1,850 1,200 1,000 45.2 .39.7 24.3 21.3 1913 1913 1913 1913 110 469 188 44 472 62 534 620 118 | 24 47 | 170 j | - 37.7 i - 31.5 | - 8.5 1913 1913 1913 64 02 170 60 | 27 | 35 i 38 83 18 : 38 I 72 I 161 186 | 163 158 96,072 38,546 134,618 29,050 155,804 ||+ 62.2 53,849 I + 39.7 209,653 • + 55.7 55,372 ! + 90.6 1913 1913 1913 1913 531 36 192 41 | 283,262 208,104 288,348 | 226,356 I 1.8 8.8 1919 1920 1920 94 104 95 95 184 201 141,384 52,844 133,741 || - 5.4 56,923 || + 7.7 1920 1920 81 188 188 !| 85 77 ! 167 I 140 103 ! 515,260 508,076 ;... 442,614 704,929 j|+ 36.8 706,451 j-f- 39.0 618,370 : + 39.7 1919 1919 1919 1919 j 103 | |! 98 I 154 ; 104 1,375 31,496 165,813 2,134 + 55.2 38,544 + 22.4 184,333 + 11.2 1913 1913 1913 132 255 55 131 297 113 175 | 238 138 423 110 204 109 111 120,346 51,776 17,773 28,017 1913 1913 1913 1913 69 123 79 280 36 113 88 97 137 54 29 109 1913 1913 1914 143 229 330 71 149 275 • 44.4 214 i 143 129 71 I 50.0 149 92 69 34 37.5 247 i 220 | 220 137 1913 1913 181 ; 217 286 187 ' 200 295 1913 1913 105 126 1913 1913 46 41 363 349 10,857 .55,797 73,872 22,288 35,529 226 239 9,936 + - 115. 7 29.9 20.3 21.1 1, 850 5, 200 2, 000 132,059 | 1,041,219 105,523 ! 778,038 7,007 8,248 98,666 80,425 I 6 109 229 116 198 Japan. Total trade (values): .. .thous. of yen.. 142,229: 137,000 Imports .. .thous. of yea.. 144,786 : 103,500 Exports Australia. Total trade (values) : Imports thous. of £ sterling.. 9,700 ; Exports thous. of£ sterling.. 8,130 ; Germany. Total trade (values): Imports thous. of dolls.. 93,275 | Exports thous. of dolls.. 72,625 | 110 233 112 180 20,820 | 11,418 885,223 1,236,736 + 73,674 55,739 54,832 66,528 ji 54 !j 1,245 H 118 224 1913 1913 82,509 77,742 1,379,414 + 32.5 983,018 + 26.3 66,227 |i— 19.7 78.088 |+ 0.4 618,572 562,162 Index number less than 1. 68 101 707 630 55 135 140 113 90 jj 141 ; 10 68 || 123 i 45 75 | 129 ! 34 («) ! 272 120 + 10.9 237 + 3.7 75 687 133 138 — 25.0 + 9.1 — 1.7 + 22.1 145- 7.8 170 41 82 102 95 i 110 ; 98 104 ! 107 ;j 140 ; 111 I 140 126 66 118 I 137! , i ! j 138 : 134 j 14ft > + 8.7 138! 126 ! 144 |!+ 14.4 55 jj 91 ! 94 + 2.6 157 | 139 152!;+ 158 43 55 112 163 | + 18.1 277 |j-h 35.9 79 L 5.6 154 36.1 " i 51 j 45 i 10.4 25 • 2.5 25 161 | 154 I • 4.7 I i I ; 259 234 278 ! 275 110 | 140 ! 154 146 136 11 177 163 1 2 4 52 51 | 44 37 ! 47 j 49 225 i 196 ! '• ! 3.7 28.6 44 WHOLESALE TRADE. INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type.] FEDERAL RESERVE DISTRICTS. Philadelphia (No. 3). Dallas (No. 11). Kansas City ,, (No. 10). I Atlanta (No. 6). Richmond (No. 5). San Francisco (No. 12). Y E A R AND MONTH. I Gro- Hard- ! Gro- j Dry Hard- ; G r o - j Dry Dry Hard- GroDry Hardy ii Hard- Gro- ! Hard- Gro! ceries. ware, ceries. Goods. ware, ceries. i {{Goods, G d ware, i ceries. jj ware. ceries. Goods, ware. ceries. Goods, ware. Relative to 1920-1921. 1920-21 monthly average 2 . 1921 monthly average 100.0 j 100.0 100.0 89.4 89.2 | 88.3 100.0 : 100.0 82.7 83.8 100.0 100.0 84.5 102.4 100.0 90.0 100.0 98.7 100.0 i 100.0 99.3 84.1 100.0 100.0 72.7 86.4 100.0 100.0 100.0 59.8 88.2 92.6 1920. March... April.... May June July August September October November December 129.9 123.1 123.2 123.4 113 1 121 6 117.1 233.4 ! 143.0 129.1 121. 1 j 132.6 114 8 118 4 j 120.4 115 7 106. 5 ; 109.4 125.7 124.1 109.6 100 •"> 104.6 ' 99.5 165.3 | 145.0 9S.3 132.0 112.3 S3. 8 57.6 ; 89. 2 87.2 94.7 88.6 so. 92. 106. 77. 76.2 71.0 95.9 94.3 93.7 94.2 101.0 84.6 91.6 :l 92.7 :| 76.2 1 85.0 j 85.6 88.1 87.6 88.2 66.; 67.: 69.; 104.: 86.4 85.6 74. 2 83.7 88.0 77.2 72.6 80.0 104.7 99.8 178.7 190.1 121.3 112.7 119.6 135.5 143.9 122.4 121.5 133.6 163.1 166.4 331.2 304.7 117.3 105.5 131. 5 136. 7 140. S 138.0 240.7 1S2.9 232.3 262.5 101.3 95.2 I 112.4 119.1 146.6 . 137.4 ; 131.0 : 128. S ; 136.5 I 204.2 115.9 ! 89.7 I 123.4 ji 116.6 110.8 | 125.5 134.8 114.8 81.2 j 108.3 || 95.8 113.0 ! 117.3 111.3 105.9 j 52 5 ' 92.1 i I 81. 1 SO. 3 39.9 111.3 179.4 145.3 146.6 154.3 133.7 114.2 120.4 ! 205.8 123.4 121.7 j 223.6 124.3 i 120.6 | 206.4 133.3 117.8 170.2 128.1 100.5 128.5 104.9 82.6 ! 6S.5 93. 2 IiVi1. January.. February. March April May.... June July.... August. September October November December X8.6 , 89.6 74.0 84. S 100.6 ; 96.4 S5.6 107. 4 S7. I 91.2 88. 8 91.4 8/>. N 04.7 91.2 79. 9 ; ; i 89. 7 ! 92.5 .; 82. 2 ': 82.6 | 94.8 96.9 90.8 81.3 U2.; 104.: 69.: 42 J j 71.0 91.0 !| i 94.7 j 128.5 i flH. I 95.7 ! 86. 3 ;| .83.6 79.2 87.2 126.9 92. 3 97. 1 82. 8 65.8 54.7 S5.2 76. S 75. 4 169.9 145.S 91.0 on. 3 I | | i 81.2 81.5 60.0 76.2 97. 3 126.2 90.8 103.3 ! 80. 0 l 90.1 80. 97.3 69. 8 'j 114.4 82. 106.2 3 ii '• 95. 114.8 j 110. 4 ! 116. 2 j 98. 8 105. 7 SS. 1) ! 90. 0 i January February March April 74.3 ; 62. I 76.7 66. 2 70.5 j 67. 7 69.8 86.0 84.0 73.3 62.2 76.5 64.8 '< 58.1 ! 67.6 79.1 ! 75.4 86. 2 52.4 , 90.9 70.7 97.6 S7.1 78.4 77.8 ! S3.1 j. 87.9 102. 7 67. 0 68.9 SS. 8 ; 80.3 92. 2 May June July August S3.0 ; 101.6 90.6 ' 94.0 81. 4 : 81.1 88.0 j 89.8 8S. 3 8S. 9 62. 4 86.3 80.5 85.0 '• 83.0 100.1 68. 3 82.8 i. 79.5 81.1 1 79.6 109.5 !»). 8 74.5 79.1 75. 5 79. 9 1 80.0 102.3 ! 101.6 76.0 95. 4 109 6 \)o. 1 109.4 99.3 104. 5 IS. I 69. 3 82.3 79.7 80.7 82.1 61.0 77.3 b8. 9 72.7 (".3. 7 66. 5 82. I 90.0 93. 1 75. 4 70.6 57. 9 07.8 102.6 ! 98.9 6S.9 73.3 82.3 74.6 117.3 119. 1 9S. 6 122.0 123.2 S7. I 7S.9 94.1 93.4 81.9 110. I 7-S.9 116.7 81.4 102.6 106.5 . SO. 4 59.7 9S.2 111.2 112.4 69.6 39. S 54. 6 65. I 65.1 59.9 60.6 59.0 84.0 , 88.2 ! 106.6 | 91.9 ; 80.8 72.7 68.5 97.3 69.4 | 95.7 94.2 90.5 101.4 91.4 .7., | /•>. 2 S9.2 88.1 80. 0 94.3 100.9 ! 90.6 ; 76.9 62. 4 60.4 68. 0 69.2 ss. s 71.6 70. 3 70. 1 76. '2 92. -2 SI..: 92.; 102. f 100.: 48.8 53.3 48. 5 89.7 96.6 S3.', I 62.6 89.3 56.9 i 78.1 ! 71.3 \ 59.5 I 94.7 94.0 85. 7 43.9 ! 78.1 50. 7 4S. 1 59.8 54. 0 : | | j 76. 1 72. 0 89. S 92. \ 57.7 ; 105.6 58.6 ! 113.8 f)0. 3 'J'J. o 1 Index numbers calculated fromdata collected by Federal Reserve Banks of the respective districts showing percentage changes from month to month. The percentage changes reported by Federal Reserve Banks have been converted into index numbers showing the same corresponding percentage increase or decrease. • Twelve months' average. August, 1920, to July, 1921, inclusive. 45 WHOLESALE PRICES. INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-face type.] COMPILED BY FEDERAL RESERVE BOARD. (Revised.) f.,r^i A n i m a l i Forest I Mineral Total r a w P r o d u c e r s ' products. P r o d u e t s - products, j products, products. goods. H£Z, goods. All c o m modities. DUN'S. BRADSTREET'S i AND MONTH. 300 96 commodities. 1OO 21 21 199 404 35 88 21 21 35 88 99 404 ; commodities. quotations, quotations, quotations, quotations. 1 quotations, quotations. 1 quotations, quotations. Relative to 1913. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 100 100 102 103 112 100 92 90 1OO 100 92 99 97 101 100 92 97 100 101 1OO 1OO 98 101 97 102 101 105 107 130 119 102 138 126 143 119 127 123 128 211 174 135 191 187 184 163 177 199 170 243 134 203 221 186 110 157 211 312 166 236 185 205 218 229 142 January... February. March.... April 290 218 333 194 277 211 367 199 285 206 375 301 202 May June July August... 311 299 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 250 255 181 191 194 190 203 179 211 206 191 203 214 231 226 207 204 135 159 147 141 123 240 210 239 233 205 221 237 216 236 232 210 227 205 240 224 235 234 209 22ti 369 227 249 237 244 245 213 225 185 357 234 246 244 249 247 218 225 188 324 243 245 238 245 243 217 216 315 181 180 ! 1920. 254 242 232 244 241 215 210 263 235 219 235 231 209 204 293 272 232 209 230 226 205 195 267 267 212 196 219 211 196 184 158 225 247 192 182 209 196 188 170 159 131 213 233 174 166 192 179 175 148 January... February. March.... April 157 120 197 224 166 160 180 170 164 137 148 117 179 204 155 152 170 160 154 134 138 119 169 194 150 145 168 155 150 129 128 108 160 189 141 139 161 148 144 123 May June July August... 134 106 159 I 186 140 137 156 117 103 158 j 178 135 133 153 145 142 138 126 137 115 122 113 155 | 172 135 128 154 141 132 116 123 114 152 i 169 135 125 157 142 135 120 141 135 130 130 105 107 103 103 154 ! 168 137 126 155 141 134 120 162 174 138 126 154 142 134 121 175 178 137 125 153 141 135 123 169 179 137 125 151 140 136 123 January... February. March April 130 140 141 145 109 121 122 120 167 178 139 123 146 138 136 123 166 177 146 118 148 141 136 124 165 178 147 120 150 142 140 126 167 180 148 122 149 143 137 125 May... June July.... August. 152 122 174 202 157 125 150 148 139 127 146 123 186 211 159 127 151 150 140 129 147 130 188 241 171 129 154 155 144 131 138 127 191 261 173 129 149 155 285 186 ,1254 183 September. October November. December.. 229 189 192 173 173 September.. October November.. December... 192-i. September. 143 131 142 131 I * First eight columns give the revised wholesale price index numbers of the U. S. Department of Labor, Bureau of Labor Statistics, as reclassified by the Federal Reserve Board into the groupings as shown. The weights are the same as those used by the Bureau of Labor Statistics and the total of all commodities is therefore the same as the revised Department of Labor index. Dun's and BradstreeVs index numbers are calculated as of the first of each month, but really refer to prices in the preceding month; the index numbers have been calculated to a 1913 base from the actual figures as published in these journals. Bradsireet's index is the sum of prices per pound of the commodities, while Dun's is weighted by the amount "annually consumed by each inhabitant." 46 DIVIDEND PAYMENTS, 1913-1921. Data from non-Government sources*1 Industrial and miscellaneous corporations. Total. MO.VTH. Steam railways. Street railways. Total. i Indus- ; i trial and • miscel- ! j laneous | corpoj rations. j 1 iid u s - Steam railways. Street railways. Total. i I trial and i Steam i miscel- | ! laneous i j corpo- I '! rations. ! railways. Street railways. I 1915 1.914 1913 Thousands of dollars. January February March April * 100,318 j 49,646 j 67,864 I 101,276 50,074 May June July.... August . I I 40,294 57,100 24,129 »97,402 48,351 57,961 26,330 September.. October November.. December.. * 67,381 35,157 88,621 51,578 * 56,842 27,441 55,348 Total. 838,053 33,909 18,258 j 25,157 j 39,551 | j 13,100 | 17,536 j 32,458 27,740 27,816 40,539 53,879 36,533 7,936 3,572 2,168 7,846 3,064 3,021 9,493 3,892 103,620 57,029 64,535 94,614 51,276 31,778 36,299 44,403 33,794 21,323 25,812 37,504 ! 10,449 i 3,928 S 2,424 j 7,706 * 90,926 61,935 55,881 87,307 45,685 30,646 30,590 42,661 «50,903 58,090 100,389 58,593 25,189 38,698 53,722 27,288 20,676 16,236 27,113 27,093 2,988 3,156 12,353 4,212 * 47,594 46,866 * 94,211 56,451 21,630 29,588 59,292 25,834 31,288 47,255 23,388 27,772 21,669 25,432 21,678 16,313 2,346 * 56,254 87,329 58,069 49,412 29,108 55,288 28,767 37,397 438,357 294,643 64,417 2,177 40,494 27,653 27,290 22,179 11,958 2,896 * 57,311 80,193 49,451 47,049 462,320 296,795 58,873 821,776 7,747 5,062 1916 92,400 j 51,303 62,763 | 31,165 87,644 ! 47,541 91,069 .1 52,475 26,435 27,545 37,837 28,687 14,511 May June July August.. 44,506 20,729 15,651 27,130 39,020 2,946 September.. October November.. December.. Total. 20,831 60,078 || 47,246 100,851 ! 54,493 70,130 || 29,045 70,755 11 34,139 72,294 57,718 23,398 24,304 30,873 11,524 539,832 313,135 |j 49,862 97,141 i I 76,476 64,014 926,107 ! 4,053 102,214 75,229 84,892 April 91,518 May.... June.... July.... August.. 55,660 60,166 * 103,324 77,672 2,267 9,907 2,180 11,578 4,064 32,256 28,871 36,805 25,171 15,765 5,087 3,428 10,184 109,776 55,706 87,851 '119,317 78,748 31,211 68,344 69,306 44,371 20,704 17,133 28,193 30,124 3,793 55,888 2,474 81,150 12,319 * 104,907 4,253 81,203 61,965 62,194 30,590 70,367 22,753 24,367 34,509 11,574 2,971 80,290 8,826 94,140 678,232 | 312,460 2,952 87,689 95,387 70,869 85,251 72,241 1,078,270 8,824 5,742 2,105 36,946 7,700 20,676 3,088 15,447 1,831 26,494 j 9,925 27,168 i 3,448 23,212 | 1,834 23,956 i 8,185 24,665 : 4,636 9,380 2,634 283,353 61,790 27,572 15,226 28,371 6,689 30,892 3,262 24,475 8,951 1918 64,421 44,963 61,725 68,775 3,217 436,487 3,912 23,186 79,892 99,166 95,927 66,977 44,832 65,012 62,501 30,515 61,671 56,714 46,821 5,770 70,172 3,040 69,716 60,996 61,178 33,952 54,291 77,910 1,022,207 645,461 21,004 4,349 17,021 2,458 28,206 9,688 30,109 4,272 15,810 3,484 24,067 8,895 30,791 5,429 11,307 3,118 289,625 75,821 1921 1930 25,510 27,890 28,605 23,308 14,503 6,089 3,241 7,950 »118,800 78,121 84,227 90,301 65,500 44,101 52,821 63,900 25,100 27,871 28,555 23,300 14,200 6,150 3,141 8,100 * 114,350 75,720 78,956 88,486 61,450 41,450 47,301 57,501 24,900 27,850 28,505 22,950 13,900 28,686 40,992 54,821 43,513 22,887 16,817 27,830 29,935 4,087 58,191 64,476 * 112,139 80,844 30,976 45,100 60,720 46,350 22,700 16,951 29,508 30,100 4,515 2,425 9,211 4,395 | 52,251 I 60,811 j*I02,303 11 76,103 27,100 37,250 54,100 42,900 20,500 21,151 28,003 29,102 4,650 14,903 23,592 30,788 12,389 3,166 42,101 66,761 31,810 51,555 14,995 23,501 30,889 12,526 3,271 8,810 5,550 3,120 55,900 91,486 62,301 63,797 37,900 59,875 30,600 48,401 14,900 23,001 26,500 12,300 3,100 3,095 60,376 99,072 68,250 67,290 284,454 71,719 963,087 601,695 285,985 I 72,888 922,464 545,828 279,662 71,445 59,912 68,828 41,843 65,119 34,094 53,345 Total. 956,942 579,167 70,298 792,233 I 12,492 27,377 62,200 41,250 53,044 60,260 September.. October November.. December.. 97,227 2,964 112,442 78,921 101,959 104,130 1919 January... February. March 4,385 1917 January... February. March April | 7,506 24,846 2,358 9,173 4,125 8,516 5,416 '! ; i ! 6,420 3,150 7,925 2,401 8,900 4,101 8,601 5,201 3,095 1 From New York Journal of Commerce. Total interest payments may be obtained by subtracting total dividend payments from total interest and dividend payments, data of wiiich we;e published in the September number of the SURVEY (NO. 13), p. 51. Data for 1922 will be shown vvn in the November SURVEY ~ (NO. — -15), ~ and- current monthly — figures will be continued thereafter. »Includes bank dividends not separately shown. 47 UNITED STATES WHEAT FLOUR PRODUCTION. NUMERICAL DATA. From Government and non-Government sources.1 MONTHLY WHEAT FLOUR OUTPUT. 1914 MONTH. 1915 1916 1917 1918 ! 1919 I 1920 1921 j 1922 Thousands of barrels. January February March April 9,112 9,779 9,957 8,133 May June July August September October November December 10,542 ! 9,012 7,059 j 6,933 ! 11,686 9,768 9,338 8,531 9,118 7,402 | 8,207 | 9,608 I 10,382 9,185 : 9,049 j 6,893 10,593 7,736 10,498 11,276 7,890 7,661 i 8,975 10,965 7,171 7,361 7,321 8,645 7,722 8,465 9,447 11,231 9,521 .7,291 2,875 5,714 6,459 i 6,784 ; 6,515 : 10,238 ' 10,738 i 7,130 ! 7,596 \ 12,042 11,429 12,254 10,660 9,608 11,215 12,723 14,213 12,437 10,674 11,456 12,669 8,960 10,528 13,856 16,601 17,064 12,161 : 11,544 ! 10,987 j 12,009 ! 14,087 9,650 15,008 | 9,981 13,519 9,889 12,865 i 8,745 ' ; Total 116,423 j | j I j \ : \ 13,005 9,557 8,632 7,374 8,924 7,066 9,100 9,368 | : | I 9,496 9,232 9,658 7,823 8,406 8,073 8,087 8,136 10,720 | 10,321 13,266 | 12,271 8,249 7,461 8,152 9,059 13,349 13,917 10,166 8,856 114,633 | 119,947 | 117,785 i 112,206 ; 133,038 j 109,754 ' 121,225 1 This table on the monthly wheat flour production in the United States has been compiled by Mr. A. L. Russell of Russell's Commercial News, formerly statistician for the United States Grain Corporation^ Figures for the years 1914, 1915, and 1916 are based on reports made to the milling division of the United States Food Administration prorated to 130 per cent. The Census Bureau's total for 1914 was used as a check for that year. Figures for the first six months of 1917 are commercial figures raised to 1C0 per cent of capacity. Figures for the crop year 1917-18 are taken from reports to the milling division of the Food Administration. These reports are also prorated so as to cover 100 per cent of the rated capacity of the industry. For the crop years 1918-19 and 1919-20 the figures are those reported to the United States C rain Corporation. These reports, made on a weekly basis, have been prorated to even calendar months. Since July 1, 1920, the figures are based on computations made by RvsseU's Commercial News. COTTON GINNED. NUMERICAL DATA AND INDEX NUMBERS. Based on data from Government sources,1 [Base year in bold-face type.] PRIOR TO SEPT. 1. | Bales. Relative tO |: ; 5-year | ' average.2 P R I O R TO N O V . l. PRIOR TO SEPT 25. Bales. Rela- | tive to j 5-year \ aver-2 j age. j Bales. Relative to 5-year aver-2 age. PRIOR TO D E C . 1. TOTAL GINNED. PRIOR TO J A N . J. Rela- ! tive to Bales. Bales. 1 5-year aver-2 age. Bales. !ii • Rela- :: i tive to j 5-year •' ; aver- ' | 1909-1913fi?e-year average... 608,507 1914 489,317 1915 463,883 1916 850,668 1917 614,787 1918 1919 1920 1921 1922 ! 1,038,078 142,625 351,589 j 485,787 , 817,171 I 1OO | 2,962,149 79 • 3,393,752 76 j 2,903,829 140 ! 4,081,989 101 |! 2,511,658 171 23 58 80 134 | ; j j j 3,770,611 1,835,214 2,249,606 2,920,392 3,883,006 1OO 115 98 138 85 8,406,865 | 9,826,912 j: 7,378,886 j: 8,623,893 |: 7,185,178 127 62 76 98 131 7,777,159 6,305,054 7,508,633 6,646,354 1OO 11,155,272 117 : 13,073,386 88 i| 9,703,612 103 '! 10,352,031 85 9,713,529 93 75 89 79 9,571,414 8,844,368 10,141,293 7,639,961 j 12,260,794 1 1OO 14,443,146 i 118 10,636,778 87 11,039,491 90 10,434,852 1 85 10,773,863 10,008,920 11,554,648 7,882,356 88 82 94 64 1 12,933,098 15,905,840 11,068,173 11,363,915 11,248,242 1OO 123 86 88 87 11,906,480 11,325,532 13,270,970 9,977,778 92 88 103 62 1 1 Data from U. S. Department of Commerce, Bureau of the Census. 2 As the cumulative ginning is the important factor, relatives here shown are based on the average cumulative ginnings prior to the respect h e dates instead of on >< simple monthly average. 48 WORLD PRODUCTION OF COTTON.* Country Peru. United States. Mexico. New crop available.. June. August. August. India. Egypt. Brazil. N'ovember. September. September. Thousands of bales (47s pounds net). Normal consumption (1909-1913).. World total J 1909-1913 average.. 1914 1915 20,660 24,630 18,470 '; 1916 1917 ' 18,970 I 18,370 j 18,580 | 19,925 ! 20,940 ; 1918., 1919. 1920. 1921. ''. 14,890 I 106 129 113 127 125 13,033 16,135 11,192 11,450 11,302 129 155 164 157 12,041 11,421 13,440 7,954 1922, latest estimates 193 108 95 3, 584 4,356 322 387 103 135 3,126 3,756 3,390 282 281 345 203 3,324 199 188 4,850 3,013 126 3,735 339 384 451 612 1,453 1,337 ; 989 1,048 1,304 999 1,155 1,251 684 1,070 10,135 2 i From private sources. 1922 acreage 12,490,000 c o m p a r e d w i t h 11 ,976,000 in 1921. WORLD PRODUCTION OF WHEAT.* Country Argentina. Australia. India. United States. Spain. Italy. New crop available January. January. March. July. August. August. France. Germany. Rumania. Canada. August. August. August. September. Millions of bushels. Normal consumption (1909-1913) 64 37 157 85 103 25 179 152 136 236 361 687 891 1,026 636 637 130 116 139 152 143 183 170 171 177 140 317 283 223 205 135 370 280 377 250 921 968 833 795 136 129 139 145 183 170 141 193 226 2 187 4 237 366 810 «126 301 531 351 312 377 323 282 115 76 46 146 132 : ! 221 34 110 152 .87 49 197 161 394 263 234 World total. , i ; 3,577 1909-1913 average 1914 1915 3,586 4 199 1916 1 1917 1 19^ 1919 1 1920 1921 1 1922, l a t e s t e s t i m a t e s 2,609 2,288 2,804 i 2, 743 2,868 13,049 . 1 3,012 |; 114 ifio 173 | 80 i i 184 172 214 170 I 1 181 8 • ' 6 162 ; 146 142 2 110 2 82 89 78 2 * 323 86 2 80 4 S3 * 108 e 235 fi70 * IS &66 4 70 <76 i < 77 189 193 263 301 389 4 i Russia excluded. No accurate statistics are available. New boundaries. r * Excludes Alsace-Lorraine " Former kingdom, Bessarabia and Bukowina. 3 Excludes Dobruja. • From private sources. * Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed ia the order in which crops are harvested. 49 WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.* CANE S U G A R . Java. World total. YEAR. May. FLAXSEED. 1 - United States.* Oct. Oct. 1 Hawaii.; 5JJJJ Brazil. Nov. Cuba. ! 1 Dec. ! Dec. 1 ! ArgenUna. India. World total. Dec. ' Jan. 9,971 11,293 12,776 13,442 14,508 13,324 13,799 13,656 «13,672 1922, latest est . M,905 233 1,054 1,797 2,009 1,960 1,478 1,473 1,579 j! 1 1,708 311 247 139 311 246 284 J22 176 236 1,514 567 363 2,295 344 646 346 2,967 486 593 484 3,437 413 645 503 3,442 493 577 454 3,957 440 600 406 4,597 496 556 485 4,209 580 522 490 4,408 431 3,960 8 I 3 549 ' Canada. Aug. Aug. 1 Apr. Thousands of bushels. *38 676 United States. i Thousands of short tons. 1909-1913 average.. 1914 1915 1916 1917 1918 1919 1920 1921 : li nn dia m a ' 2,614 2,757 2,950 3,058 3,708 2,617 3,361 2,826 2,903 110,180 94,559 103,287 82,151 41,063 61,821 56,611 81,480 "4,000 3 Exports. Louisiana and Texas. 31,989 19,733 36,928 15,448 45,040 15,880 39,289 ! 19,040 4,032 21,040 19,588 20,600 30,775 9,400 42,038 - 16,760 50,470 10,800 19,505 13,749 14,030 14,296 9,164 13,369 7,256 10,774 8,112 12,068 7,175 10,628 8,260 5,935 6,055 5,473 7,998 4,112 32,272 11,700 5,296 17,360 3 From private sources. WORLD PRODUCTION OF BEET SUGAR.* j World i total.1 States, i many. sssz Poland | lands. i F r ance. gium. na,, Spa*. Denmark. Sweden Thousands of short tons. 1909-1913 average 1914 1915 1916 1917 1918 1919 1920 1921 .. . . . . . 8,432 610 2,296 1,017 1,726 8 331 722 2,721 1,004 1,879 6 056 374 1,678 812 1,824 5 808 821 1,721 805 1,457 276 759 209 116 128 154 316 215 334 166 112 168 170 239 264 120 150 166 117 143 140 293 286 140 204 160 139 124 151 221 162 154 149 121 120 169 1,720 584 1,134 263 215 136 1,484 688 318 249 182 78 726 808 559 86 106 263 152 171 185 91 149 4 997 1,089 1,212 770 55 195 314 268 370 150 104 168 181 4 376 1,020 1,410 729 55 198 382 2 315 318 240 135 158 259 674 «1,709 2717 303 2 331 M96 »276 2132 »143 5 208 765 4 592 761 3 490 1922 latest estimates . . . 1 246 279 . ! 2 248 (•) 2 ; 5 2 From private sources. Crops in all countries here given are harvested beginning in September. : 141 141 1 Acreage about the same as 1921. WORLD PRODUCTION OF RICE.* Coimtrv New crop available India. Egypt. ESS Italy. Spain. Japan. Dutch 1 East Indies. Philippines. Apr. Apr. Aug. Sept. Sept. Nov. Dec. Dec. Millions of pounds (cleaned) 67,891 N o r m a l c o n s u m p t i o n (1909-1913) World total. | 110,780 : 102,986 ! 114,500 112,300 122,000 j 97,400 117,200 90,777 \ 117,280 i 1909-1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 latest estimates. 1 Java and Madura. 2 Acreage about half of normal. 72,950 61,022 73,526 77,932 81,198 55,218 71,613 62,793 73,907 553 81 542 237 487 692 607 634 472 m 73,907 14,602 875 518 681 657 804 1,135 965 1,072 1,166 1,446 1,014 646 297 741 337 763 320 708 329 716 322 712 282 1,078 662 412 997 394 640 356 4 v ) 14,009 17,909 17,569 18,360 17,143 17,184 19,106 19,849 17,336 o 1,124 6 1,404 1,100 1,289 1,745 2,210 0,-idl 1,977 X 2,127 5,552 2,427 2,353 3 About same as last year. * 1922 acreage 296,500 compared with 286,400 acres in 1921. *Data compiled by XI. S. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received by that department or by the Department of Commerce, -Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops'are harvested. 2154 50 SOURCES OF DATA. CURRENT PUBLICATION. 1 DATE OF PUBLICATION. I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN. AUSTRALIAN COMMONWEALTH'S B U REAU OF CENSUS AND STATISTICS. BANK OF JAPAN .- Price index for Australia. Federal Reserve Bulletin • Second week of month. Price index for Japan Federal Reserve Bulletin 1 BRITISH BOARD OF TRADE Price index for United Kingdom British Board of Trade Journal CANADIAN DEPARTMENT OF LABOR. . . . Price index for Canada Employment in Canadian trade unions Operations of Canadian employment service.. Foreign trade of Canada Canadian railroad operations C anadian iron and steel production Wholesale trade Monthly. Labour Gazette (Canadian) Semimonthly. Km ployment Semimonthly Employment Monthly. Foreign trade of Canada Operating Revenues, etc., of Railways*.. Monthly. Tress releases* *. Monthly Business Conditions Savings deposits in First Federal Reserve District. Savings deposits in Seventh Federal Reserve District. Savings deposits in Fourth Federal Reserve District. Monthly Review Monthly Business Conditions Monthly. Business Review Monthly. CANADIAN DEPARTMENT AND COMMERCE. OF TRADE FEDERAL RESERVE BANK OF ATLANTA . FEDERAL RESERVE BANK OF BOSTON. FEDERAL RESERVE BANK OF CHICAGO. FEDERAL RESERVE BANK OF CLEVELAND. FEDERAL RESERVE BANK OF DALLAS, .j 1 Wholesale trade. Wholesale trade. FEDERAL RESERVE BANK OF KANSAS CITY. FEDERAL RESERVE BANK OF N E W Foreign exchange rates ana index. FEDERAL RESERVE DELPHIA. FEDERAL MOND. RESERVE FEDERAL RESERVE FRANCISCO. FEDERAL RESERVE FEDERAL TRADE COMMISSION. Business and Financial Conditions Monthly Business and Financial Conditions Reserve • Business and Agricultural Conditions ! Business and Agricultural Conditions Reserve Business Conditions ; j Business Conditions j Federal Reserve Bulletin \ Federal Reserve Bulletin and weekly press releases.* ! Condition of Federal Reserve banks Federal Reserve Bulletin and weekly press releases* ; Condition of reporting member banks Federal Reserve Bulletin and weekly press releases.* Money held outside U. S. Treasury and Federal Reserve Bulletin Federal Reserve Systems to July 1,1922. i Wholesale price index numbers Federal Reserve Bulletin.. • Department store trade; in cooperation with Federal Reserve Bulletin.. ' National Retail Dry Goods Association. j Index numbers of department store, mail Federal Reserve Bulletin.. I order and chain store trade. I Barley and rye receipts Federal Reserve Bulletin.. Federal Reserve Bulletin.. ! Sales of loose lea f tobacco Federal Reserve Bulletin. ': Index of ocean freight rales .'• Paper and wood pulp production, prices, etc.. Monthly press releases *... | INTERSTATE COMMERCE COMMISSION.. Railway revenues and expenses PANAMA CANAL Monthly. Reserve INDIAN DEPARTMENT OF STATISTICS. .. Price index for India MASSACHUSETTS DEPARTMENT OF PUBLIC UTILITIES. NEW YORK STATE DEPARTMENr OF LABOR. N E W YORK STATE DEPARTMENT OF PUBLIC WORKS. Monthly. Business Conditions Federal Reserve Bulletin and daily state- Daily and monthly. ment.* Monthly Review Monthly. FRENCH MINISTRY OF LABOR AND i Price index for France SOCIAL WELFARE. Business Conditions Reserve YORK. i Savings deposits in Second Federal i District. BANK OF PHILA- i Savings deposits in Third Federal ' District. ' Wholesale trade BANK OF RICH- I Savings deposits in Fifth Federal I District. ! Wholesale trade BANK OF SAN i Savings deposits in Twelfth Federal i District. j Wholesale trade BOARD . I Foreign excnange index numbers | Debits to individual accounts Second week of month. Telephone operating revenue and income Telegraph operations and income Express operations and income Milk receipts at Boston j Bulletin de la Statistique Generale | , Federal Reserve Bulletin | Preliminary statement of operations of I roads. ij Not • Class published.. ! Not published.. Not published. Not published. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly (second week of month). Sunday newspapers and monthly Friday morning newspapers and monthly. Friday afternoon newspapers and monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. N ewsprint, 20th to 25th of the month, other paper and wood pulp, 1st of following month. Second week of month. Monthly. New York State factory employment and i Labor Market Bulletin and press releases*. Monthly. earnings. New York State canal traffic ! Annual report ! Yearly. • Panama Canal traffic The Panama Canal Record PENNSYLVANIA DEPARTMENT OF LA-!I Unemployment in Pennsylvania. Semimonthly report * U.S. DEPARTMENT OF AGRICULTURE— Market Reporter* j Last weekly issue of month Semimonthly. BOR AND INDUSTRY. Beef,pork, and lamb production. j Last weekly issue of month or first BUREAU OF ANIMAL INDUSTRY. of next month. U. S. DEPARTMENT OF AGRICULTURE— : Prices of farm products to producer j Monthly Crop Reporter * '• Monthly. B U R E A U O F A G R I C U L T U R A L ; Wool consumption and stocks Market Reporter * ! First weekly issue of month. ECONOMICS ; Crop production Monthly Crop Reporter' and press j Releases about 1st of month (cotton) releases.* j and 10th (other crops). j Cold-storage holdings and fish frozen Market Reporter * i Fourth weekly issue of month. Movement of cattle, hogs, and sheep Market Reporter * j Third weekly issue of month. Receipts of butter, cheese, eggs and poultry... Market Reporter* i Weekly. Production of dairy products Market Reporter* i Quarterly. Car lot shipments of fruits and vegetables Market Reporter' • Third weekly issue of month. Farm labor, wages, supply, etc Monthly Crop Reporter« Monthly. World crop production Foreign crops and markets* Weekly. U. S. DEPARTMENT OF AGRICULTURE- Total lumber production from 1913 to 1920 Production of Lumber, Lath and Shingles.; Yearly. FOE EST SERVICE. Wood pulp production, 1914 and 1916 Pulpwood consumption and Wood-pulp, i Yearly. Production. i u . S. DEPARTMENT OF C O M M E R C E - Cotton ginned Preliminary report on ginnings * i Semimonthlv during season. BUREAU OF THE CENSUS. Cotton consumed and on hand Preliminary report on cotton consumed... 15th of month. Active textile machinery Reports on wool machinery and on cotton j 20th of month. spindles.* Leather, hides and shoes, production and Census of hides, skins, and leather * First week of month. stocks. Cotton seed and cottonseed oil Preliminary report on cotton seed 18th of month. Stocks of tobacco held by manufacturers and Statement on stocks of leaf tobacco i Quarterly (one month after end of dealers. ' quarter). * Multi graphed or mimeographed sheets. 1 This is not necessarily the source of the figures published in the SURVEY as many of them are obtained direct from the compilers prior to publication in the respec:ivesjournals. This column and the right-hand column have been added to assist readers in obtaining current statistics between publication dates of the SURVEY. Beginning Jan. 7,1922, combined into new publication called Weather, Crops, and Markets, issued weekly. 53 SOURCES OF DATA—Continued. CURRENT PUBLICATION. DATE O? PUBLICATION. II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued. STRUCTURAL STEEL SOCIETY Sales of fabricated structural steel Not published TANNERS' COUNCIL Leather production through May, 1922 Not published TWIN CITY MILK PRODUCERS' ASSOCIATION. Milk production, Minnesota Not published U. S. STEEL CORPORATION UNITED TYPOTHETAB OF AMERICA... Unfilledorders Earnings Stockholders Wages of common labor Printing activity Pressrelease* Press release * Financial papers Special reports • Typothetae Bulletin WEST COAST LUMBERMEN'S ASSOCIA Douglasfirlumber production, etc Not published 10th of month. Monthly. Quarterly. Occasionally. Monthly. TION. WIBBING MANUFACTURERS' E X - Sales of elastic webbing Not published CHANGE. WESTERN PINE MANUFACTURERS' Western pine lumber production, etc Not published ASSOCIATION. SOURCE. . DATA. DATE OF PUBLICATION. i n . - R E P O K T S FROM TECHNICAL PERIODICALS. AMERICAN MET A L MARKET Composite pig iron and steel prices THE ANNALIST New York stock sales New York closing stock prices Foreign exchange rates, 1914 to 1918 State and municipal bond issues Muncipal bond yields Visible supply oi wheat and corn Bank clearings, United States and Canada Price index Business failures, Canada Price index for France THE BOND BUYER BRADSTREET'S BULLETIN DE LA STATISTIQUE GENERALE... , First or second week of month (daily). First woekly issue of month (Mondays). Weekly (Mondays). Weekly (Mondays). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Weekly (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Monthly. CHEMICAL AND METALLURGICAL ENGINEERING Chemical price index Weekly (Wednesdays). COAL AGE Mine price of bituminous coal Weekly (Thursdays). COMMERCIAL AND FINANCIAL CHRONICLE Dow, JONES & Co. (WALL STREET JOURNAL) DUN'S REVIEW ENGINEERING AND MINING JOURNAL-PRES9 ENGINEERING NEWS RECORD Cotton (visible supply) Interest rates Mail order and chain store sales ; New York bond sales New York bond prices ; Mexican petroleum shipments I Business failures i Price index i Rand gold production Silver prices Construction cost and volume index FINANCIAL POST Canadian bond issues FRANKFURTER ZEITUNG Price Index for Germany Weekly (Saturdays). Weekly (Saturdays). Second or third weekly issue of month (Saturdays). First week of month (daily). First week of month (daily). 20th of month (daily). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month. Weekly (Thursdays) Monthly. HAY TRADE JOURNAL ! Hay receipts Weekly (Fridays). IRON AGE i Pig-iron production Composite finished steel price Iron and steel prices ; Railway freight car orders \ Price index for United Kingdom First weekly issue of month (Thursdays). Weekly (Thursdays). Weekly (Thursdays). First weekly issue of month (Thursdays). 10th of month. IRON TRADE REVIEW LONDON ECONOMIST MILK REPORTER MODERN MILLER Milk receipts at Greater New York NAVAL STORES REVIEW Turpentine and rosin, receipts and stocks NEUE ZURICHER ZEITUNG Price index for Switzerland NEW YORK JOURNAL OF COMMERCE NEW YORK EVENING POST NORTHWESTERN MILLER OIL, PAINT, AND DRUG REPORTER OIL TRADE JOURNAL PRINTERS' INK Weekly. | Argentine visible supply of wheat and corn Weekly. Weekly (Saturdays). ; Dividend and interest payments i New capital issues ! New corporations ; Fire losses ! Newspaper advertising First week of month (daily). First week of month (daily). First week of month (daily). 10th of month (daily). Not published. j Flaxseed, receipts, etc I Argentine grain shipments Wheat flour production for 1917 | Price indices of drugs, oils, etc i Argentine shipments and supply of i Mexican petroleum shipments Weekly (Wednesdays). Weekly (Wednesdays). Magazine advertising flaxseed Weekly (Mondays). Weekly (Mondays). 10th of month (monthly). Second week of month. RUSSELL'S COMMERCIAL NEWS j Wheat flour production,irom July, 1920 STATISTICAL SUGAR TRADE JOURNAL j Sugar stocks, receipts, meltings, and Cuban statistics... Weekly (Fridays). SVENSK HANDELSTIDNING Pnce index for Sweden O Weekly compilation (daily). 51 SOURCES OF DATA—Continued. DATE OF PUBLICATION. CURRENT PUBLICATION. I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued. Fats and oils, production, consumption, and Statistics of fats and oils *. stocks. Fabricated structural steel sales from April , Press release * V. S. DEPARTMENT OF C O M M E R C E BUREAU OF THK CENSUS—Contd. 1922. U. S. DEPARTMENT OF C O M M E R C E BUREAU OF FISHERIES. U. S. DEPARTMENT OF C O M M E R C E BUREAU OF FOREIGN AND DOMESTIC COMMERCE. Quarterly (one month after tnd of quarter). 15th of month. i Automobile production Fish catch ! Press release* j Monthly statement 20th of month. i , Last week of month. Monthly Summary of Foreign Commerce. (Part I.) i j Middle of next month. Tonnage of vessels, entered and cleared in Monthly Summary of Foreign Commerce. : United States foreign trade. (Part II.) ! Data on trade, employment and coal and iron Various foreign sources production of foreign countries. Yearly. Wholesale price of wool W holesale Prices Warehouse stocks of rice Monthly Summary of Foreign Commerce. I Monthly. (Part II.) ] Vessels under construction and vessels com- Commerce Reports | First weekly issue of month (Monpleted. days). Building material price indices Not published All imports and exports U. S. DEPARTMENT OF C O M M E R C E BUREAU OF NAVIGATION. U. S. DEPARTMENT OF C O M M E R C E BUREAU OF STANDARDS. U . S . GRAIN CORPORATION U.S. DEPARTMENTOF THE I N T E R I O R BUREAU OF MINES. U.S. DEPARTMENT OF THE INTERIOR— GEOLOGICAL SURVEY. Portland cement, production, etc Coal and coke production Report on Portland cement output * Weekly report on production of coal * Preliminary statistics on petroleum * Production of electric power * Mineral Resources U. S. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE. Crude petroleum, production, etc Electric power production Annual figures on non-ferrous metal production. Number on pay rol)>—United States factories . . Employment agency operations Wheat flour production, prior to July, 1920 No longer published. Refined petroleum products, production, etc.. Refinery Statistics*. U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION. U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS. U. S. POST OFFICE DEPARTMENT U. S. TREASURY DEPARTMENT V. S. TREASURY DEPARTMENT— BUREAU OF THE MINT. U. S. TREASURY DEPARTMENT—BUREAU OF INTERNAL REVENUE. U . S . WAR DEPARTMENT—ENGINEER CORPS. U. s. W A R DEPARTMENT—MISSISSIPPI WARRIOR SERVICE. WISCONSIN INDUSTRIAL COMMISSION.. . Second week of month. 20th of month. Second or third weekly i«su* of month (Saturdays). 25th of month. End of month. Annually. First week of month. Everv 4 or 5 weeks. Immigration and emigration statistics Industrial Survey * Report of Activities of State and Municipal Employment Agencies. N ot published Wholesale prices of commodities, including farm products, food, clothing, metals, etc. Wholesale price index Retail price index of foods Retail coal prices United States postal savings Postal receipts Government debt, receipts and disbursements. Money in circulation from July 1, 1922 Domestic receipt* of cold at mint Monthly Labor Review Monthly Labor Review Monthly Labor Review , Postal Savings News Bulletin „ Statement of Postal Receipts * j Daily Statement of the U. S. Treasury....) Federal Reserve Bulletin. I Not published .....'. Monthly. Monthly. Monthly. 12th of month, 7th of month. Last day of month. Monthly. Not published Statement of tax-paid products * First week of montb. Oleomargarine production Consumption of manufactured tobacco, snufT, cigars, cigarettes, and oleomargarine. Iron ore movement Sault Ste. Marie Canal traffic Barge traffic on Mississippi River Wholesale Prices of Commodities.. Not published Not published Not published Wisconsin factory earnings and employment.. Bulletin on Wisconsin labor market * . . . 15th of month. I I . - R E P O R T S FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS. (Excluding individual firms reporting data to be combined with other firms or trade associations.) ABERTHAW CONSTRUCTION CO ABRASIVE PAPER AND CLOTH MANU- Building costs Sales of'abrasive paper and cloth . Construction trade papers . Not published j j Corn ground into starch, glucose, etc. . Not published j FACTURERS' EXCHANGE. AMERICAN MANUFACTURERS ASSOCIA- TION OF PRODUCTS FROM CORN. AMERICAN RUP.EAU OF METAL STA- Copper production Stockholders in the company Notpublished i Not published ! . Not published ! Notpublished . N ot published , Press release to trade papers • , 7th of month. Notpublished... Summary of Car Surplusages and Short- ' Weekly, ages.* Summary of Car Surplusages and Short- Weekly, ages.* j Information Bulletin * ; Weekly. Information Bulletin * ; Third week of montb. Financial papers j Quarterly. AMERICAN WALNUT MANUFACTURERS' Walnut lumber and logs .' Not published. ASSOCIATION. AMERICAN WRITING PAPER COMPANY. Purchases and sales of paper ., Notpublished AMERICAN ZINC INSTITUTE Production and stocks of zinc Press release 10 trade papers * 15th of month. ANTHRACITE BUREAU OF INFORMATION Anthracite shipments and stocks., Statement of anthracite shipments * 15th of month. ASSOCIATION New life insurance business Not published TISTICS. Silver production Zinc production in Belgium Zinc stocks in United Kingdom AMERICAN FACE BRICK ASSOCIATION.1 Face brick production, stocks, etc AMERICAN IRON AND STEEL INSTITUTE. 1 Steel ingot production AMERICAN PIG IRON ASSOCIATION Merchant pig iron production, etc AMERICAN Freight car surplus RAILWAY ASSOCIATION (Car Service Division). Freight car shortage Car loadings Bad-order cars AMERICAN TELEPHONE GRAPH Co. OF LIFE AND TELE- INSURANCE i PRESIDENTS. BOSTON CHAMBER OF COMMERCE Receipts of wool at Boston BRIDGE BUILDERS AND STRUCTURAL Fabricated structural steel sales before April, SOCIETY. . Trade papers Daily. No longer published 1922. BUREAU OF RAILWAY ECONOMICS Number of tons carried 1 mile Average receipts per ton-mile Passengers carried 1 mile CALUORNIA REDWOOD ASSOCIATION . . Redwood lumber production, etc CALIFORNIA WHITE AND SUGAR PINE Sugar pine lumber production, etc Summary of operating statistics Not published . Summary of operating statistics . Notpublished Not published ; Monthly. ! i Monthly. | j ASSOCIATION. * Multigra-phed or mimeographed sheets. i Imports and exports of gold and silver in Part II. 52 SOURCES OF DATA—Continued. DATE OF PUBLICATION. CURRENT PUBLICATION. I I . - R E P O R T S FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS-Continued. CHICAGO BOARD OF TRADE Wheat, corn and oats, receipts, etc.. Trade papers j CONTAINER CLUB Production of paper box board Not published ! CREDIT CLEARING HOUSE Credit conditions Credit ! Weekly DAIRYMEN'S LEAGUE COOPERATIVE Milk deliveries to milk plants Not published. , Building statistics—Contracts awarded Statement on Building Statistics , Monthly. I I ASSOCIATION, INC. F. W. DODGE CO ENAMELED SANITARY MANUFACTURERS Knameled sanitary ware ASSOCIATION. FEDERATION OF IRON AND STEEL MANUFACTURERS (British'). FINE ( 'OTTON Goons EXCHANGE Not published. British iron and steel production Trade papers I Second week of month. Fine cotton goods production and sales Trade papers ! GEORGE A. FULLER COMPANY Hotel and office building costs Not published j ILLUMINATING GLASSWARE GUILD Illuminating glassware production, orders, etc. Not published j JACKSONVILLE CHAMBER OF COMMERCE Turpentine and rosin receipts Naval Stores Review Weekly. KNIT Monthly report * Monthly. GOODS MANUFACTURERS OF Knit underwear production, etc AMERICA. LEATHER BELTING EXCHANGE MAPLE FLOORING MANUFACTURERS' Sales of leather belting Maple flooring production, etc . ASSOCIATION. Monthly report i. not published). Not published MCLEAN BUILDING REPORTS, LTD. .. Canadian building contracts Canadian Building Review Monthly. MERCHANTS' EXCHANGE OF ST. LOUIS . Receipts and shipments of lead and zinc Mississippi River traffic MICHIGAN HARDWOOD MANUFACTUR- Hardwood and softwood lumber, production Receipts and shipments at St. Louis Not published Not published 3d of month. ERS* ASSOCIATION. and shipments. MINNEAPOLIS CHAMBER OF COMMERCE . Linseed oil and oil-cake shipments Monthly statements. NATIONAL ASSOCIATION OF CORRU- Not published Production of paper-box board GATED AND FIBER BOX MANUFACTURERS. NATIONAL ASSOCIATION OF SHEET AND Sheet-metal production and stocks N ot published 19i3figuresfor active textile machinery No longer published TIN PLATE MANUFACTURERS. NATIONAL ASSOCIATION OF VVOOL MANUFACTURERS. NATIONAL AUTOMOBILE CHAMBER O* Production and shipments of passenger cars j Traffic bulletin • (production figures not published). COMMERCE. and trucks. Not published NATIONAL BOTTLE MANUFACTURERS' Glass botti* production index ASSOCIATION. NATIONAL INDUSTRIAL BOARD. CONFERENCE NATIONAL RETAIL DRY GOODS ASSOCIATION NATIONAL WOOD CHEMICAL ASSOCIA- Cost of living Monthly press release Department store trade {see Federal Reserve Federal Reserve Bulletin Board). Production of wood alcohol and acetate of lime. Not published TION. Second week of month. 21st of month. Monthly. NEW ORLEANS BOARD OF TRADE Rice distribution through New Orleans Monthly report i First week of month. NEW ORLEANS COTTON EXCHANGE Cotton receipts into sight Monthly report First week of month. NEWS PRINT SERVICE BUREAU Canadian newsprint production, etc Monthly bulletin NEW YORK COFFEE AND SUGAR E X - CotTee receipts, stocks, etc Monthly statement First week of month. CHANGE. N E W YORK METAL EXCHANGE Trade papers First week of month. Stocks of tin NORTH CAROLINA PINE ASSOCIATION. . North Carolina pine, production, etc NORTHERN HEMLOCK AND HARDWOOD MANUFACTURERS' ASSOCIATION. NORTHERN PINE MANUFACTURERS' ASSOCIATION. OAK FLOORING MANUFACTURERS' Not published Hemlock and hardwood lumber production, Not published etc. Northern pine lumber and lath Not published Oakflooring,production, etc Not published ASSOCIATION. OHIO FOUNDRYMEN'S ASSOCIATION. . . Ohio foundry iron production. Monthly report * (not published; OPTICAL MANUFACTURERS' ASSOCIA- Spectacle frames and mountings, sales, etc Not published TION. PENNSYLVANIA RAILROAD CO.. Stockholders in the company.. Financial papers Quarterly. PENSACOLA CHAMBER OF COMMERCE. Turpentine and rosin receipts. Naval Stores Review Weekly. PHILADELPHIA MILK EXCHANGE Milk receipts at Philadelphia. Not published PULLMAN COMPANY Pullman passenger traffic REFRACTORIES MANUFACTURERS' A S SOCIATION. RICE M BALERS' ASSOCIATION Fire-clay brick production, etc. Silica brick production, etc Rice receipts, stocks, etc RUBBER ASSOCIATION OF AMERICA... Automobile tires, tubes, and raw material SANITARY POTTERS' ASSOCIATION Sanitary pottery orders SAVANNAH BOARD OF TRADE Turpentine and rosin receipts SAVINGS BANKS ASSOCIATION OF STATE OF N E W YORK. SILK ASSOCIATION OF AMERICA Savings banks deposits in New York State SOUTHERN PINE Yellow pine production and stocks STEEL BARREL ASSOCIATION. MANUFACTURERS' ASSOCIATION. STOKER MANUFACTURERS' TION. Raw silk consumption, etc Steel barrel shipments. ASSOCIA- ! Sales of stokers ; * Multigraphed or mimeographed sheet*. j Not published Not published Not published Monthly report Monthly reports (not published) Not published ; I Naval Stores Review ! Not published Monthly press release to trade papers • Not published Monthly reports * (not published)... Not published Weekly. 5th of month.