Full text of Survey of Current Business : September 1924
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MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS SEPTEMBER, 1924 No. 37 COMPILED BY BUREAU OF THE CENSUS BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS IMPORTANT NOTICE In addition to figures given from Government sourcesy there are also incorporated for completeness of service figures from other sources generally accepted by the trades, the authority and responsibility for which are noted in the "Sources of data" at the end of this number Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents, quarterly issues, 20 cents. Foreign subscriptions, $2.25; single copies (monthly issues) including postage, 14 cents, quarterly issues, 31 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the Survey, $5.50 a year. Make remittances only to Superintendent of Documents, Washington, D. C , by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted. WASHINGTON { GOVERNMENT PRINTING OFFICE : 1824 INTRODUCTION The SURVEY OF CURRENT BUSINESS is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry. At quarterly intervals detailed tables are published giving, for each item, monthlyfiguresfor the past two years and yearly comparisons, where available, back to 1913. In the intervening months the more important comparisons only are given in the table entitled " Trend of business movements" (p. 29). In the quarterly numbers (see issue for August, 1924, No. 36) blank lines covering the next three months have been left at the bottom of each detailed table which will enable those who care to do so to enter new figures as soon as they appear. ADVANCE SHEETS Realizing that current statistics are highly perishable and that to be of use they must reach the business man at the earliest possible moment, the department has arranged to distribute advance leaflets almost every week, whenever sufficient material is available, to those subscribers who request them. The leaflets are usually mailed on Thursdays, and give such information as has been received during the preceding week. The information contained in these leaflets is also reprinted in " Commerce Reports," issued weekly by the Bureau of Foreign and Domestic Commerce, 'the complete bulletin is distributed as quickly as it can be completed and printed. period has been chosen. In & few cases other base periods are used for special reasons. In all cases the base period is clearly indicated. The relative numbers are computed by allowing the monthly average for the base year or period to equal 100. It the movement for a current month is greater than the base, the relative number will be greater than 100, and vice versa. The difference between 100 and the relative number will give at once the per cent increase or decrease compared with the base period. Thus a relative number of 115 means an increase of 15 per cent over the base period, while a relative number of 80 means a decrease of 20 per cent from the base. Relative numbers may also be used to calculate the approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative number at one month is 120 and for a later month it is 144 there has been an increase of 20 per cent. INDEX NUMBERS When two or more series of relative numbers are combined by a system of weightings the resulting series is denominated an index number. The index number, by combining many relative numbers, is designed to show the trend oi an entire group of industries or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers. BASIC DATA BUSINESS INDICATORS Thefiguresreported in the accompanying tables are very largely those already in existence. The chief function of the department is to bring together these data which, if available at all, are scattered in hundreds of different publications. A portion of these data are collected by Government departments, other figures are compiled by technical journals, and still others are reported by trade associations, The diagrams on page 2 have been prepared to facilitate comparisons between a few of the more important business movements. The lines are plotted on what are known as ratio charts (logarithmic scale). These charts show the percentage increase and allow direct comparisons between the slope of one curve and that of any other curve regardless of its location on the diagram; that is, a 10 per cent increase in an item is given the same vertical movement whether its curve is near the bottom or near the top of the chart. The difference between this and the ordinary form of a chart can be made clear by an example. If a certain item, having a relative number of 400 in one month, increases 10 per cent in the following month, its relative number will be 440, and on an ordinary chart would be plotted 40 equidistant scale points higher than the preceding month. Another movement with a relative number of, say, 50, also increases 10 per cent, making its relative number 55. On the ordinary (arithmetic) scale this item would rise only 5 equidistant points, whereas the previous item rose 40 points, yet each showed the same percentage increase. The ratio charts avoid this difficulty and give to each of the two movements exactly the same vertical rise and hence the slopes of the two lines are directly comparable. The ratio charts compare percentage changes, while the arithmetic charts compare absolute changes. RELATIVE NUMBERS To facilitate comparison between different items and render the trend of a movement more apparent, relative numbers (often called " index numbers," a term referring more particularly to a special kind of number described below) have been calculated. The relative numbers enable the reader to see at a glance the general upward or downward tendency of a movement which can not so easily be grasped from the actual figures. In computing these relative numbers the last prewar year, 1913, or in some instances a five-year average, 1909-1913, has been used as a base equal to 100 wherever possible. In many instances comparable figures for the prewar years are not available, and in such cases the year 1919 has usually been taken as the base. For some industries 1919 can not be regarded as a proper base, due to extraordinary conditions in the industry, and some more representative This issue presents practically complete data for the month of July and also, on page 23, items covering August received up to September 14. As most data covering a particular month's business are not available until from 15 to 30 days after the close of the month, a complete picture of that month's operations, including relative numbers, cumulative totals, text, and charts, can not be presented in printed form under 45 days after its close, but the advance leaflets described above give considerable information as early as 15 days after its close and present almost every week the latest data available* Summary for August based upon early items is given on page !• CORRECTION IN SEPTEMBER ISSUE - "SURVEY OF CURRENT BUSINESS11 On page 49 of the September issue (No. 37), in the table of life insurance, the titles of T^he following columnar headings under "New Business11 should be changed ae follows; 1, The second column under "Group," now reading "number of persons covered," should be changed to read "number of certificates/* Although the number of certificates issued under group policies is stated to correspond fairly closely with the number of persons covered, the two terras are not synonymous. 2, The first column under "Total," now reading "thousands of contracts," should be changed to read "thousands of policies and contracts," as it totals these items in the individual classes of insurance. 3, The second column under "Total," now reading "number of persons covered," should be changed to read "number of policies and certificates." In addition to the difference between certificates and persons covered in group insurance, as given above, there is stated to be a marked difference between the number of policies issued and the number of persons covered in ordinary and industrial insurance, owing to many pepole having more than one policy. Therefore, the total of policies and certificates, although probably indicating the trend of number of persons covered, can not be used to give the actual number at all accurately. To correspond with the second correction above, the first column under "total insurance" on page 48,. giving the relative numbers, should also be changed to read "number of policies and contracts.11 Indexes of business (production, prices, sales, etc.— table) Trend of business movements: Textiles.Metals. -Nonferrous metals and fuels— Automobiles Rubber and hides and leather .-„ — ..- 25 29 31 32 33 34 Banking and finance ,--Foreign exchange and tradeTrade and industry of foreign countries Detailed tables: Life insurance -~ World production of principal crops Farm prices and Pullman Company earnings-,. Sources of data - 43 45 46 48 50 52 53 PRELIMINARY SUMMARY FOR AUGUST Early reports from Basic industries indicate larger Production in August than in July, with increases aoted in the output of pig iron, steel ingots, and Portland cement, and the volume of building construction and mill consumption of cotton. Compared with August, 1923, building volume and the output of Portland cement were larger. Unfilled orders on the books of the United States Steel Corporation on August 31 called for greater tonnage than at the end of the preceding month, while unfilled orders on the books of leading locomotive manufacturers showed a decline. The volume of building construction increased over the previous month and a year ago both in point of value and aggregate floor space. Increases in the industrial, public, andresidentialgroups accounted for the increase in the total, despite declines for commercial and educational types. Sales of merchant pig iron increased over July and a year ago. Stocks at merchant furnaces declined from the end ;of July but were larger than a year ago. Stocks of Portland cement declined from the end of the previous month but were larger than a year ago, 9251—24+- while stocks of zinc declined from July but were about twice as large as holdings on August 31, 1923. Sales of mail-order houses and leading 10-cent chains increased over the previous month and August of last year. Car loadings during August were in greater number than in the previous month but were less than a year ago. Wholesale prices increased during August. Check transactions recorded less volume in August than in July but were larger than in August, 1923. Interest rates continued to decline while stock prices increased. Bond prices increased slightly. Total investments of Federal reserve banks increased but bills discounted declined. ~ The reserve ratio at the end of . August stood at 82.3 per cent, as against 83 per cent at the end of July and 77.5 per cent a year ago. The number offirmsfailing in August was less than in July but aggregate liabilities were larger. The gross debt of the Federal Government was further reduced, standing on August 31 at 4 per cent below August 31, 1923, Total expenditures chargeable against ordinary receipts declined from July and a year ago. MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS COMPILED BY BUREAU OF THE CENSUS No. 37 : : BUREAU OF FOREIGN AND DOMESTIC COMMERCE : : BUREAU OF STANDARDS SEPTEMBER 1924 CONTENTS Preliminary summary for August. __ Business-indicators (diagrams and table) Comparison of wholesale prices (diagram and table) ng iron production and unfilled steel orders (diagram) - . Course of business in JulyRelative production, stocks and unfilled orders (diagram).. Meat products, production, consumption, etc. (diagram). Employment by major industrial groups (diagram) debits to individual accounts (table) August d a t a . . . . .. Indexes of business (production, prices, sales, etc.— table) Trend of business movements: Textiles-, Metals _ _ _Nonferrous metals and fuels Automobiles Rubber and hides and leather --— - — Page 1 2 4 6 7 8 16 19 21 23 25 29 31 32 33 34 Trend of business movements—Continued. Paper and printing Buttons Building construction Chemicals Naval stores and fats and oils Foodstuffs Tobacco Transportation -Public utilities and employment Distribution movement Banking and finance Foreign exchange and trade r Trade and industry of foreign countries. Detailed tables: Life insurance World production of principal crops Farm prices and Pullman Company earnings. Sources of data -- Pago 34 35 35 37 38 38 40 41 42 42 43 45 40 48 50 52 53 PRELIMINARY SUMMARY FOR AUGUST Early reports from Basic industries Indicate larger Production in August than in July, with increases toted in the output of pig iron, steel ingots, and Porte d cement, and the volume of building construction ai *d mill consumption of cotton. Compared with ^gust, 1923, building volume and the output of Porte d cement were larger. Unfilled orders on the books °* the United States Steel Corporation on August 31 ca Ued for greater tonnage than at the end of the preceding month, while unfilled orders on the books of fading locomotive manufacturers showed a decline. The volume of building construction increased over ^ previous month and a year ago both in point of yalue and aggregate floor space. Increases in the j&dustrial, public, and residential groups accounted for ' . e increase in the total, despite declines for commerC1 *d and educational types. Sa les of merchant pig iron increased over July and ^ year ago. Stocks at merchant furnaces declined from ^ end 6f Jul y : but were larger than a year ago. _tocks of Portland cement declined from the end of e previous month but were larger than a year ago, while stocks of zinc declined from July but were about twice as large as holdings on August 31, 1923. Sales of mail-order houses and leading 10-cent chains increased over the previous month and August of last year. Car loadings during August were in greater number than in the previous month but were less than a year ago. Wholesale prices increased during August. Check transactions recorded less volume in August than in July but were larger than in August, 1923. Interest rates continued to decline while stock prices increased. Bond prices increased slightly: Total investments of Federal reserve banks increased but bills discounted declined.-The reserve ratio at the end of August stood at 82.3 per cent, as against 83 per cent at the end of July and 77.5 per cent a year ago. The number of firms failing in August was less than in July but aggregate liabilities were larger. The gross debt of the Federal Government was further reduced, standing on August 31 at 4 per cent below August 31, 1923; Total expenditures chargeable against ordinary receipts declined from July and a year ago. BUSINESS INDICATORS: 1920-1924 (1913 monthly averages-100. PIGHRON See explanation on inside front cover. Except for "net freight ton-miles" latest month plotted is July, 1924) COPPER PRODUCTION UNFILLED STEEL ORDERS PRODUCTION 400 300 200 100 80 60 \ J % 40 / / ^-\— — — ^ ^ -Vr- V 20 10 COTTON CONSUMPTION NET FREIGHT TON-MILES BANK CLEARINGS-0UT51M NEWYORK CITY ( VALUE* > DEFAULTED LIABILITIES BITUMINOUS COAL PRODUCTION 400 300 —\F -i- , f ¥ k J —444— ¥ w ,—--1 — f SALES, MAIL-ORDER HOUSES <vAtu«, 400 WHOLESALE PRICES PRICE OF 25 INDUSTRIAL STOCKS^ 300 ?nn A. i"% 1 ^ 100 ^ — \\\\\ 80 60 40 -* 70 10 1920 1921 1922 1923 1924 1920 1921 1922 I923J9Z4 ^ BUSINESS INDICATORS The following table gives comparative relative numbers for a selected, list of important business movements. It is believed that this table will prove useful, because it separates out from the large mass of material a comparativelv email number of items which are often regarded as indicative of business in general. The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using 1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared to previous months, does reflect the present tendency in each item and will give a basis for business judgment. Where available at the time of going to press, September 14, August indicators have been included, thus bringing this table up to date. It should be noted that the charts on page 2 show July data as the latest plotted. 1923 MONTHLY AVERAGE • 1924 COMMODITY 1920 1931 1922 1923 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Juno July Aug. 1913 m o n t h l y average" 100 Production: Pig Iron Steel ingots Copper „ Cement (shipments).. Anthracite c o a l . . . . . . . Bituminous coal Electric energy (gross revenue sales) Crude petroleum Cotton (consumption) Beef Pork ' Unfilled orders: . U. S. Steel Corp Stocks: Crude petroleum Cotton (total) Prices:1 Wholesale Index Retail food Retail coal, bitum Farm products Business finances: Defaulted liabilities-. Price 25 ind. stocks,.. Price 25 R. R. stocks. Banking: Clearings, N. Y. City. Clearings, outside Com'l paper int. rate.. Distributions Imports (value) Exports (value). . . . / Sales, mail-order Transportation: Freight, net ton-miles. i 120 135 99 108 93 119 54 64 39 107 99 87 87 114 81 131 58 85 130 144 121 153 104 114 144 149 123 180 114 114 144 140 124 186 109 113 135 146 129 203 116 123 122 133 122 185 38 116 123 142 129 193 114 123 113 124 125 139 102 108 114 113 127 87 105 100 118 144 131 70 104 127 120 151 129 SO 100 115 135 166 128 122 106 100 126 132 129 173 89 74 102 104 129 197 102 78 79 81 125 203 101 76 70 74 127 225 102 81 283 178 105 119 113 312 189 97 113 117 349 224 109 126 130 407 292 117 130 160 381 301 116 126 157 375 315 99 123 147 379 318 106 138 134 398 312 104 134 116 420 323 116 156 149 452 313 114 139 183 466 284 99 123 488 273 124 137 205 472 268 109 114 177 443 2S8 104 115 160 429 287 103 121 145 416 298 89 135 151 400 236 75 116 154 295 75 132 153 170 90 96 102 108 100 92 85 79 74 81 83 81 71 61 55 54 56 127 155 152 198 234 153 287 125 283 83 291 66 298 64 304 95 312 149 329 169 321 149 323 132 327 113 331 92 334 74 339 59 343 45 44 226 203 207 205 147 153 197 116 149 142 188 124 154 146 190 134 153 144 185 133 151 147 185 130 150 146 183 128 154 149 184 130 153 150 186 132 152 151 185 133 322 167 151 150 183 135 151 149 180 134 152 147 180 134 150 144 175 128 148 141 168 128 147 lil 163 127 145 142 163 128 147 143 16$ 130 150 144 159 137 108 184 67 229 136 64 228 169 75 197 185 72 126 182 73 157 176 70 150 177 68 126 177 69 348 175 69 217 181 70 226 187 70 225 193 73 158 192 73 423 139 74 214 183 75 160 183 75 149 187 78 161 195 82 242 205 86 257 275 134 205 212 118 230 231 SO 226 264 90 237 280 88 211 268 89 187 254 92 191 254 93 225 296 93 229 277 92 247 301 90 262 292 S3 230 256 87 249 280 83 253 278 84 263 275 77 253 266 71 268 282 64 258 265 69 294 331 264 140 181 188 177 154 204 212 168 259 214 155 221 192 146 109 184 150 198 170 1S4 231 206 193 335 195 194 306 193 206 318 193 191 271 223 177 270 215 164 279 217 168 300 204 161 243 183 148 239 186 134 196 181 160 211 137 105 115 139 139 141 148 144 154 140 122 126 132 133 117 124 117 121 74 101 228 77 205 75 1919 m o n t h l y average-100 ^oductlon: Lumber * fcldg. contracts Stocks: Beef.. Pork. B «islaess finances: B ondprices(40issues). Banking. Debits outside N. Y City.. Federal ReserveBills discounted.. Total reserves Ratio.. 100 • 72 85 69 114 102 126 106 137 99 127 90 138 85 131 83 137 116 132 111 103 102 113 107 125 103 129 147 131 136 131 124 124 103 112 83 90 66 98 42 S3 29 70 32 91 24 112 19 110 19 95 20 74 27 59 39 67 45 82 43 93 41 103 39 110 33 109 28 111 25 111 21 104 21 91 86 87 104 104 103 104 103 102 103 103 105 104 105 105 106 108 no 110 107 114 97 107 111 104 99 98 113 106 116 111 100 109 103 106 104 106 101 91 132 97 87 91 122 122 28 144 154 39 146 152 40 146 153 39 146 156 42 146 154 45 145 152 46 146 152 41 146 152 44 143 146 27 149 162 27 147 161 25 147 161 23 147 163 22 147 165 18 149 165 15 149 165 14 146 164 »y the census. COMPARISON OF JULY WHOLESALE PRICES WITH PEAK AND PRE-WAR (Relative prices 1913=*100. July prices latest plotted) I N D E X NUMBERS 30O 400 PRODUCTS. AVERAGE PRICE TO PRODUCER WHEAT CORN POTATOES COTTON COTTON SEED CATTLE. BEEF HOGS LAMBS FARM PRODUCTS, M A R K E f PRICE WHEAT. SPRING WHEAT. WINTER CORN. NO.2 OATS BARLEY RYE NO.2 TOBACCO. BURLEY COTTON WOOL % GREASE (BOSTON) CATTLE STEERS HOGS. HEAVY SHEEP. EWES SHEEP. LAMBS FLOUR. SPRING FLOUR. WINTER SUGAR. RAW SUGAR. GRANULATED COTTONSEED OIL BEEF. CARCASS BEEF, STEER ROUNDS HAMS, SMOKED (CHICAGO) COTTON YARN COTTON. PRINT CLOTH COTTON. SHEETING WORSTED YARN WOMEN'S DRESS GOODS SUITINGS SILK, RAW HIDES. PACKER'S HIDES. CALFSKINS LEATHER. CHROME (BOSTON) LEATHER. SOLE OAK BOOTS AND SHOES (BOSTON) BOOTS AND SHOES (ST. LOUIS) ) 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) CEMENT STEEL BEAMS RUBBER, CRUDE SULPHURIC ACID 5 WHOLESALE PRICE COMPARISONS-MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS May, 1924 June, 1924 July, 1921 COMMODITIES Date and maximum relative price August, 1924 Per cent Increase (+) or decrease (-) In August from July +0.7 +9.4 +1.6 +1.8 Relative price (1913 average=lOO) Farm products—Average price to producers: Wheat Corn _ Potatoes,, ._ _ Cotton ._„_. Cottonseed *.___„. Cattle, beef..... "„_"_ Hogs....... Lambs —....._„ Farm 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) Wool, £ blood combing, Ohio and Pennsylvania fleeces (Boston) Cattle, steers, good to choice, corn fed (Chicago) * Hogs, heavy (Chicago)... ....... ..' Sheep, ewes (Chicago) . Sheep, lambs (Chicago). Food: Flour, standard patents (Minneapolis) Flour, winter straights (Kansas City) Sugar,96° centrifugal (New York) Sugar, granulated, in barrels (New York) Cottonseed oil, prime summer yellow (New York) Beef, fresh carcass good native steers (Chicago) Beef, fresh steer rounds No. 2 (Chicago)Pork, smoked hams (Chicago) 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, dbl. warp, 50 in. (N. Y.) Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (New York).. Silk, raw Japanese, Kansas No. 1 (New York) Hides, green salted, packer's heavy native steers (Chicago) * Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) Leather, chrome calf, dull or bright "'B M grades (Boston) Leather, sole, oak, scoured backs, heavy (Boston) Boots and shoes men's black calf, blucher (Massachusetts) Boots and shoes, men's dress welt tan calf (St. Louis)...* Fuel: Coal, bituminous, mine run lump, 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) —~ ^ a d , pig, desilvered, for early delivery (New York) Tin, pig, for early delivery (New Y o r k ) . . . nlUQt sIab » w e s t e m , early delivery (New York) —•u d i g materials a n d miscellaneous: Lumber, pine, southern, yellow flooring, 1 x 4, " B " and better (Hattlesburg district)... „. Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington) Brick, common red, domestic building (New Y o r k ) ^ement, Portland, net without bags to trade, f. o. b., plant (Chicago dist.) Steel beams, mill (Pittsburgh) -Rubber, p a r a island, fine (New York) BulDhui id. 66° CNew York) June, July, June, July, May, May, July, Apr., 1920 1&0 1920 1920 1920 1919 1919 1920 326 300 706 312 321 183 256 239 122 127 153 234 186 101 89 187 124 131 169 232 163 98 87 184 134 159 183 228 179 96 88 172 147 174 186 232 176 96 114 106 May, 1920 May, 1920 Sept., 1917 June, 1920 Mar., 1918 Mar., 1918 Mar., 1919 Apr., 1920 Apr., 1918 Mar., 1919 July, 1919 Apr., 1918 Feb., 1920 354 302 331 296 325 451 352 331 308 218 266 319 263 129 108 126 130 122 106 212 247 196 121 89 141 182 138 114 134 133 124 115 192 235 176 113 87 103 189 153 127 169 150 133 135 186 248 176 112 98 103 176 140 133 187 140 136 144 186 229 192 111 115 127 170 -7.7 +9.1 -0.9 +17.3 +23.3 -3.4 May, 1920 May, 1917 May, 1920 May, 1920 July, 1919 Sept., 1920 July, 1920 July, 1919 328 363 598 526 374 201 211 231 145 142 161 170 135 131 129 117 150 145 145 152 144 129 134 118 163 152 145 153 167 127 130 123 164 162 154 153 100 127 129 134 +0.6 +6.6 +6.2 CO +13.8 0.0 -0.8 +8.9 May, 1920 Apr., 1920 May, 1920 Jan., 1920 Oct., 1918 July, 1920 Jan., 1920 Aug., 1919 Aug., 1919 Nov., 1919 Aug., 1919 Mar., 1920 Aug., 1919 348 478 427 289 292 291 466 283 490 473 230 303 292 192 192 177 212 184' 239 132 65 88 171 103 201 153 191 198 177 206 184 233 137 68 91 160 95 201 153 190 197 175 200 184 233 148 71 95 160 95 201 153 189 202 189 206 184 233 167 85 103 171 98 201 153 -a 5 +2.5 +8.0 +3.0 0.0 Sept., 1922 Nov., 1923 Aug., 1920 Mar., 1920 336 216 637 375 154 208 140 186 154 210 132 166 154 212 121 166 154 214 123 147 July, 1917 Sept., 1920 July, 1917 Mar., 1917 June 1917 May, 1918 June, 1915 346 330 388 230 261 224 386 141 139 149 81 166 98 106 134 134 147 79 161 95 106 130 129 147 79 162 103 107 131 129 140 85 182 115 114 -0.7 +7.6 +12.3 +11.7 +6.5 Feb., Jan., Feb., Sept., June, Jan., Feb., 455 407 381 195 331 124 250 181 190 305 173 157 21 70 172 179 305 173 151 20 70 167 179 244 173 146 21 70 172 174 206 173 142 26 70 +3.0 -2.8 -15,6 ao -2.7 +23.8 ao 1920 1920 1920 1920 1917 1913 1916 -1.7 0.0 +29.5 -3.5 -2.6 +4.7 +HX7 -6.7 +2.3 +6.7 0L0 ao +12.8 +19.1 +8.4 +6.9 +3.2 0.0 0.0 ao +0.9 +1.7 -11.4 +O.8 ao PIG-IRON PRODUCTION AND UNFILLED STEEL ORDERS/AT THE END OF EACH MONTH (UNFILLED ORDERS FROM UNITED STATES STEEL CORPORATION) Cfc 1924 BUSINESS SUMMARY uy average as iw-«xcept unfll ed orders which are based on tbo 1920 average-enable comparisons to bo made of the ffi. The use of index and relative numbers is more fully explained on the inside front cover, and details of this suminsitnAssL" beginning o n p . 25.) 1933 May June 1924 July March April May Juno July PRODUCTION: Manufacturing (64 commodities) Raw materials, total Minerals . ; _ ... Animal products Crops '„ _ _ _ Forestry __ „ „ . . Electric power _ -„. Building construction (contracts awarded) 135 97 140 127 55 135 143 129 126 95 145 119 54 133 139 99 114 98 148 128 54 124 140 90 123 93 120 107 71 118 154 147 118 87 106 118 54 126 146 136 112 95 124 124 60 130 148 124 100 90 122 117 56 120 140 103 100 98 125 117 73 111 142 88 104 111 87 103 115 77 102 114 68 147 136 61 135 137 54 129 143 47 126 133 43 123 131 44 98 154 81 128 86 154 79 127 74 143 79 89 105 163 79 115 114 178 77 132 90 174 76 127 89 162 75 119 69 163 77 91 76 77 93 94 74 77 93 94 73 79 94 93 73 77 95 89 72 76 94 88 71 76 94 84 70 76 94 81 71 77 94 79 120 113 98 115 143 28 117 113 40 110 132 150 97 100 199 103 105 205 97 128 216 97 101 195 STOCKS OP COMMODITIES (45 commodities): Unadjusted index. - - - - - -2 - Corrected for seasonal variation . ~ UNFILLED ORDERS (relative t o 1920) SALES (based on value): Mail-order houses (4 houses) Ten-cent chains (5 chains) Wholesale trade Department stores (333 stores) PRICES (recomputed to 1919 base): Wholesale, all commodities--.Retail food , - !. : - COST OF LIVING (recomputed to 1919 base) FACTORY EMPLOYMENT (recomputed to 1919 base) 3 TRANSPORTATION: Net freight ton-mile operation-, -Car loadings (monthly total) . Net available car surplus (end of m o n t h ) - - - J Subject t o r e v i s i o n . . ., . • • •!&&Vd»^ published by the XT. S. Department of Labor, * 0 PP. UMB, AprU, !«•. JfeOI), Lator : COURSE OF BUSINESS FOR JULY SUMMARY Production of manufactured goods during July, in general, showed activity sustained at the June level. Increases were noted for petroleum, automobiles, rubber tires, and cement, and in the mill consumption of silk, while declines occurred in the production of pig iron, steel ingots, locomotives, and lumber and the mill consumption of cotton. The output of both bituminous and anthracite coal increased over June but declined from July, 1924. Stocks of commodities were further reduced and unfilled orders rose slightly in spite of a further decline in steel. Awards for building construction declined from June and from a year ago, in both floor space and value. Factory ^ployment continued to decline. Sales of mail-order houses made a seasonal decline from June and decreased from a year ago. Sales of ten-cent chains, however, increased over both periods. Business failures increased over June in both number and liabilities and increases also occurred over a year ago. Loadings of freight cars were less than in July, 1923. Wholesale prices increased over Juno while the cost-of-living index was unchanged. The volume of July check transactions as measured by debits to individual accounts declined from June for New York City but increased for the rest of the country while increases over a year ago occurred both for New York City and outside. Interest rates again declined for both call money and commercial paper. The Federal reserve ratio increased slightly during July. Imports during July increased over the previous month but were below July of last year and equalled the July exports which declined from both comparative periods. 8 RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS IN BASIC INDUSTRIES (Monthly averages 1920=100) 160 160 1920 PRODUCTION Manufacturing production as measured by the index based on 1919 production as 100, remained unchanged from June at 100 and may be compared with 114 in July, 1923. Increases in the production index over June occurred in all groups except iron and steel, lumber, paper, and leather. Compared with a year ago, declines occurred in these same groups, and, besides, in the textile group. The mineral production index at 125 for July compares with 122 for June and 148 a year ago. Except for an increase of almost 40 per cent in the mint receipts of gold and a decline of almost 15 per cent in silver production, most of the changes from June were comparatively small. Crop marketing stood at 73 in July as against 54 a year ago, all groups except cotton products and miscellaneous crops showing a decided increase. In grains, the large increase in receipts of rye largely accounted for the rise from 68 a year ago to 104, while potatoes chiefly influenced the rise in vegetable marketings from 96 to 141. The index of animal products marketings was the same as in June at 117, comparing with 128 a year ago. Marketings for wool, sheep, eggs, poultry and fish increased over a year ago, while cattfe, hogs and milk decreased. With forest products marketings standing at 111 in July as against 120 in June and 124 a year ago, 1924, the total index of marketings of raw materials stood at 98 in July, the same as a year ago and comparing with 90 in June, based on 1919 as 100. COMMODITY STOCKS The index of commodity stocks, allowing for seasonal variations, declined from 133 on June 30 to 131 at the end of July, while a year ago the index stood at 114, all based on: 1919 average stocks as 100. Declines occurred! from June but advances over a year ago in the stock index numbers for three of the four principal groups, the manufactured foodstuff group remaining unchanged as compared with both periods. The stock index before adjustment for seasonal corrections also declined, from 126 at the end of June to 123 in July, comparing with 102 a year ago. SALES f Sales by manufacturers tended to increase in Jdj, gains over June being shown in bookings of fabricated structural steel, tubular plumbing, architectural terra cotta, freight cars, flooring, clay fire brick, abrasives, stokers, southern pine lumber, and cotton finishing* while declines took place in sales of merchant pig ^ and steel castings. In general sales were helovrtbfi July sales a year ago. The index of unfilled orders turned upward to 44 based on 1920 as 100, as compare with 43 at the end of June and 68 a year ago. The wholesale trade index stood at 77 in July, based on 1919 as 100, as compared with 75 in June and 79 a year ago. All groups increased in sales over June except hardware and shoes, while dry goods, hardware, and shoes made declines from a year ago. Sales of mail-order houses declined seasonally from June and were less than a year ago. Except for seasonal declines in the shoe, cigar, and music groups, all types of chain-stores increased their sales over June. Compared with a year ago, increases occurred'in all groups except music chains. Sales of department stores made a seasonal decline and were larger than a year ago. The value of department-store inventories also declined in a seasonal movement from June but was above last year. PRICES The prices received by producers of farm products during July were generally higher than in June, the new monthly index number of the Department of Agriculture standing at 130 as compared with 128 in June and 130 a year ago, based on average prices for the years 1909 to 1914 as 100. The principal increase occurred in grains, with an advance from 116 in June to 130 in July and the unclassified group also advanced, while declines took place in the fruit and vegetable, meat, and cotton and cottonseed groups, and the dairy and poultry group remained unchanged. The wholesale price index of the Department of Labor rose from 145 in June to 147 in July, based on 1913 prices as 100, comparing with 151 a year ago. The principal increase over June occurred in the farm products group, with the foodstuffs, clothing, and miscellaneous groups also showing increases, while declines occurred in fuels, metals, building materials, and house furnishings, and no change occurred in the chemical group. Compared with a year ago, the farm-products group alone was higher. As regrouped by the Federal Reserve Board, increases were noted in raw products and consumers' goods, the former group being advanced through the rise in agricultural and animal products, in spite of declines in forest and mineral products. Dun's index number advanced from 153 to 15 5, based on 1913 as 100, and Bradstreet's from 133 to 137. M compared with the advance from 154 to 156 in *e Federal Reserve Board's index of prices for the nitd States for international comparison, British showed no change according to two indexes and advance of 3 per cent according to another, and numbers of French prices varied in direction, in Italy, Canada, and India moved upward from June and prices in Sweden, Switzerland, and Japan declined. Retail food prices, according to the index number based on 1913 as 100, rose from 142 in June to 143 in 9251—24f 2 July and comparo with 147 a year ago. The cost of living index remained unchanged both from June and from a year ago at 162 per cent of 1913 costs, increases in food, shelter, and fuel compensating for declines in clothing and sundries. TEXTILES Receipts of wool at Boston woro largor than in Juno and also exceeded a yoar ago, although foroign wool receipts declined from both periods. Imports of raw wool were less than half of the importations in Juno or in July, 1923. The consumption of wool by tcxtilo mills showed a little change from Juno, but the activity of woolen machinery declined. Pjrices of wool and woolens showed little change from tho Juno averages. Both exports and imports of raw cotton dcclinod from June but were largor than a year ago. Tho consumption of cotton in toxtilo mills at 346,071 bales in July compares with 350,277 bales in Juno and shows a decline of over 100,000 bales from July, 1923. Stocks of cotton in mills and warehouses on July 31 were about 640,000 bales less than a yoar ago, although total world visible supply of American cotton was reported as larger than a year ago. EXPORTS AND CONSUMPTION OF COTTOX f I -S S it | 1920 | i i f ! is I Si 5 I I \ 1991 I l«3 | >923 | .1924 The activity of cotton spindles was less than in Juno, and fewer spindles were activo, the activity running at 60.6 per cent of capacity for July as against 64.G per cent for June and 87.3 por cent a year ago. Exports of cotton cloth woro less than in Juno but largor than in July, 1923. There was little change in tho prices of cotton and cotton goods as compared with the June average. Imports of raw silk increased over June but declined from a year ago. Deliveries from warehouses also increased and wore largor than a year ago. Stocks of raw silk declined but were slightly larger than a year ago. Raw silk prices averaged higher than in June. Imports of burlap declined both from the previous month and a year ago, while imports of unmanufactured fibers in July exceeded those in the two previous periods. 10 IRONJAND STEEL Shipments of iron ore from the mines were considerably less in July than a year ago. Consumption or.iron ore also declined both from June and from July, 1923, while stocks at furnaces and on Lake Erie docks at the end of July were larger than at both comparative periods. The output of pig iron declined in July to 1,785,000 tons as compared with 3,678,O(Jo tons a year ago. The number of furnaces in blast was also reduced from June and declined by one-half from a year ago, both in number and capacity. Production and sales of merchant pig iron declined from June, unfilled orders increased and almost no change occurred in shipments and stocks. Compared with a year ago, all items except stocks and sales declined. Prices of pig iron declined from the June average. The output of steel ingots declined to 1,869,000 tons in July, comparing with 3,531,000 tons a year ago. Bookings of commercial steel castings declined from both the previous month and a year ago. Unfilled orders of the United States Steel Corporation showed a slight decline from June. Exports and imports of iron and steel products declined from both June and a year ago. The production of steel sheets increased in July to 48.7 per cent of capacity as compared with 40.9 per cent in June. Shipments and sales also increased, butiinfilled orders and stocks declined. Compared with a year ago, sales and unsold stocks increased, but the other items declined. Prices of steel were slightly lower than in June. The shipments of railroad locomotives from manufacturing plants declined slightly from June and were also less than a year ago. Unfilled orders for locomotives also declined from both periods. Freightcar orders increased over June but were less than a year ago. Less tonnage was involved in vessels completed in July than in June, but an increase was shown over a year ago. The tonnage of vessels under construction on July 31 exceeded by a slight margin the similar figures for the previous month and a year ago. Shipments of steel furniture declined from both the previous month and a year ago, while sales of fabricated structural steel increased over both periods, attaining 70 per cent of capacity in July as against 66 per cent in June and 50 per cent a year ago. Shipments stood at 82 per cent of capacity for July as against 77 per cent for June. Comparisons for earlier periods, as reported to the Department of Commerce by 189 identical firms (and seven additional firms now out of business) with a present capacity of 245,990 tons per month, are shown below, based on a total capacity of 250,000 tons per month in 1922 and 260,000 in 1923 and 1924. BOOKINGS AND SHIPMENTS OP FABRICATED STRUCTURAL STEEL BOOKINGS Actual tonnage mz April.. May.. June July....:... August SeptemberOctober November.. December-. January February March* April May June. July. August SeptemberOctober November.. December— January. ___ February... March April May June July. 1 1 1923 1921 Per cent of capacity SHIPMENTS Computed tonnage Per cent of capacity Computed tonnage 205,573 191,218 175,498 164,389 163,791 153,353 138,791 118,493 145,230 212,500 197,500 182,500 170,000 170,000 160,000 145,000 122,500 150,000 179,337 192,270 229,733 193,639 140,558 125,531 125,105 143,402 129,999 121,298 132,666 195,607 187,200 200,200 239,200 202,800 145,600 130,000 130,000 148,200 135,200 127,400 140,400 208,000 205,400 182,000 174,200 175,639 179,866 174,465 159,254 145,430 1161,182 U65,240 187,200 189,800 184,600 169,000 153,400 171,600 182,000 163,800 156,000 169,000 184,000 184,600 200,200 213,200 Reported by 184 firms with a capacity of 244,615 tons. Reported by 161 firms with a capacity of 236,345 tons. The following table shows statistics of steel barrels reported to the Department of Commerce by 29 manufacturers operating 34 plants, in number of barrels: STEEL BARRELS (IN NUMBER OF BARRELS) MONTH January February March. April May. ::: June : . On hand Manufacfirst of tured month Shipped On hand end of month 307,189 370,966 394,478 416,628 418,381 385,158 303,668 362,725 394,756 420,129 425,397 382,550 49,109 57,350 57,072 53,571 46,555 49,163 45,588 49,109 57,350 57,072 53,571 46,555 Unfilled orders, end of month 615,485 608,660 601,663 614,102 582,022 4211870 —- Sales of mechanical stokers increased over June in both number and horsepower but declined from a year ago. NONFERROUS METALS The output of copper by mines increased in July over both the previous month and a year ago. Exports declined from June but exceeded July, 1923Copper prices averaged the same as in June. Tu ular plumbing sales increased over June and also over a year ago, in both quantity and value. Zinc production declined from June and f r o ? \ year ago and retorts in operation at the end of o y were less than in either previous period. StocKs creased during July and were larger than a year ag • Zinc prices remained unchanged from June. XI COPPER PRODUCTION AND EXPORTS ISO Exports increased over June but declined from last year. The price of furnace coke declined from June. 165 PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL 150 g!35 z - p IOC r uc • V OI20 O>05 /« t . . . j -j 2 75 .4 1 —L ! \ #1 60 \ \ 45 • 15 J •V ,^* V \ ,JBj \ / \ -\ 1 / 0 90 t \r t\ -E> PO ITS 0 5 * I 1921 i S-l i I I ? 1 1 is I 1922 1923 < E 5i E19245 3 Stocks of tin increased over the end of June, both for the United States and the world, and increases also occurred over a year ago. Deliveries from warehouses declined from both periods, while imports increased over June but were less than a year ago. The price of tin advanced over June. Lead production declined less than 1 per cent from June but was about 17 per cent greater than a year ago. Lead prices remained unchanged from June but increased over July, 1923. Data for June reported by 11 manufacturers of collapsible tubes to the Department of Commerce follow (including one company not reporting orders). These 11 companies reported 18,054 hours operated out of a total of 28,199 hours capacity or 64 per cent. ITEM ^rnomh ° r d e r s b e g i n n i n * o f C&i^^^^month."" ggS^ations during month..._ T j a ^ t s during month W f i d orders end of month.... deduction during month Establishments reporting COLLAPSIBLE 10 10 10 11 10 11 TUBES Total Tin Lead Composition 277,410 114,513 238 134,191 274,194 137,272 24,485 8,399 450 19,912 24,244 14,742 20,929 1,516 3,021 19,424 3,252 FUELS Both production and exports of bituminous coal sed over June but declined from a year ago. Was little change in bituminous prices. Anthracite production also increased slightly over L &e and declined from a year ago. Exports of a ^thracite declined from both periods, and prices advanced over June. Declines occurred in the output of both beehive and y-produet coke from June and from a year ago. X \ i n j IIW AUTOMOBILES AND RUBBER Gross 322,824 124,428 698 157,124 317,862 155,266 PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE The output of passenger automobiles was larger than in June but truck production declined, and compared with a year ago declines occurred in both classes of cars. Shipments of automobiles from factories increased over June by each method of shipment, but declined from a year ago. Crude rubber imports were less than in June and also less than a year ago. The price of rubber increased slightly over June. HIDES AND LEATHER Imports of hides and skins increased over the previous month but were about 47 per cent smaller than a year ago. The increase over June was shared by all classes of hides and skins except goat and sheep skins. Prices of packers' heavy hides and calfskins 12 increased over the June average. Exports of sole leather increased about 40 per cent over both the previous month and July of last year while exports of upper leather declined slightly from the same comparative periods. Prices of leather were unchanged from June. July production of boots and shoes showed a seasonal decline from the previous month but was below the July, 1923, level. Shoe prices remained stationary during the month at the level observed for the past half year. The following table shows the number of leather gloves and mittens cut in July with comparison with July, 1923, as reported to the Department of Commerce by 229 identical establishments: Operating activity of paperboard box manufacturers represented 64 per cent of normal in July as compared with 67 in June and 79 per cent a year ago. Domestic sales of abrasive paper and cloth were higher than in the previous month but were below July of last year, while foreign sales declined from both periods. LEATHER GLOVES AND MITTENS CUT (IN DOZEN PAIRS) Industrial construction costs were approximately 1 per cent below the June average and 5 per cent below July, 1923. The cost of building materials entering into the construction of a six-room house averaged lower in July than in either the preceding month or a year ago. The combined price index of six standard plumbing fixtures averaged 3 per cent lower in July than in June and 9 per cent below July, 1923. Building contracts awarded in 27 Northeastern States duringfJul^declined^fron^theJprevious month and a year ago in point^offcontemplated expenditure. Public and semipublic construction alone showed an increase in point of square feet over both comparative periods, although awards for business buildings exceeded the figure for^ the same period last : year. '"~~ " The following monthly statistics covering the awards for construction in 36 States represent seveneighths of the total awards in the United States: JULY, 1923 JULY, 1924 Men's Women Men's Women's and chilchiland boys' and dren's and boys' dren's Dress and street gloves, etc Imported. . . . . . . - ...... Domestic . . . . Work gloves, mittens, etc -. .. 47,274 23,367 23,907 108,023 9,149 7,672 1,477 332 54,700 28,366 26,334 117,468 13,448 9,883 3,565 438 PAPER Production and shipments of newsprint paper were less than in the preceding month and in July, 1923, while mill stocks, reported as of July 31, were less than in the previous month but larger than the inventory a year ago. The accompanying diagram gives a comparison of newsprint production and mill stocks since January, 1920. The output of paperboard shipping boxes increased over the June total but was less than in July of last year in the case of solid fiber boxes and at the same level in the case of corrugated. BUTTONS The output of fresh-water pearl buttons averaged 17 per cent of capacity in July as contrasted with 30 per cent in June and 32 per cent last year. Stocks of buttons in manufacturers' hands showed practically no change from the preceding month but were about 4 per cent higher than last year. BUILDING CONSTRUCTION STATES 1 CONSTRUCTION CONTRACTS AWARDED IN 36 1923 1924 NEWSPRINT PAPER PRODUCTION AND MILL STOCKS CHARACTER OF CONSTRUCTION Grand total: Value thousands of dollars. Floor space thousands of sq. ft. Number of projects IA V \ STOCKS , kT MILLS f*-\ \/sf 1831 1802 1833 Business: l Value thousands of dollars. Floor space thousands of sq. ft. Number of projects — Industrial: Value thousands of dollars. Floor space thousands of sq. ft. Number of projects Residential: Value thousands of dollars. Floor space thousands of sq. ft. Number of projects Educational: Value thousands of dollarsFloor space ...thousands of sq. ft. Number of projects .... Other public and semipublic: * Valuethousands of dollars. Floor space thousands of sq. ft. Number of projects Public works and utilities: Value thousands of dollars. Number of projects. 1 1 June July July 387,521 57,754 11,491 347,184 50,522 10,821 315,024 8fl71 56,556 9,308 1,274 49,346 8,993 1,248 24,968 3,294 295 19,664 161,443 34,101 7,798 128,072 25,474 7,005 34,807 5,262 446 39,511 6,150 527 37,963 4,734 527 38,875 71,784 1,151 As compiled from data furnished by the F. W. DodL Includes hospitals and institutions, public buildings, buildings, and religious and memorial buildings. 1,191 3,017 275 6 $ 124,171 27,356 13 It should be noted in connection with the accompanying chart showing building volume distributed by classes that the data from which the chart was drawn represent the awards in 27 states only and may be found in detail on pages 108-110 of the August issue (No. 36). Current data appear in the present issue on page 35. It should be further noted that the chart designation "Public and semipublic" includes educational buildings, data for which arc shown separately in the statistical tables. VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES 1923 BUILDING MATERIALS Lumber-production figures show increases over June for Southern pine and California white and sugar pine, while decreases were noted in Douglas fir, Western pine, North Carolina pine, and Northern pine. Compared with July of last year, production declines were general, while in the case of shipments increases over last July were reported for Southern pine, California ^hite and sugar pine, Western pine, and Northern pine. Xiumber exports; increased over June but were about 1 per cent less than last July. Lumber prices 111 general declined from the previous month. Production, shipments, new orders, and unfilled orders for oak flooring increased over both the previous month and July, 1923, new orders in July more &an doubling the figure for July of last year. Stocks ^ere reduced but were about 20 per cent above the inventory at the same time last year. Maple flooring data show increases in July for production, shipments, and orders booked, but, except for orders booked, these items were less than a year ago. Unfilled orders ^ere about 5 per cent lower than at the end of June **& stocks showing practically no change from the fi ame period. Production and shipments of clay fire brick declined to a position below the corresponding month last year, w Wle new orders increased over June, although aggregating less than a year ago. Unfilled orders as of *™y 31 were about 5 per cent below the total unfilled 1034 a year ago. Production and shipments of silica brick increased over June but were less than in July, 1923, while stocks declined from the June inventory but were higher than holdings last year. Production of face brick measured by the activity of 32 mills declined from June but was larger than a year ago, while stocks on yards increased over the previous month but were less than last year. Unfilled orders declined from both comparative periods. Paving brick manufactured in July represented 81 per cent of the total plant capacity as against G8 per cent in June and 81 per cent last year. Shipments and new orders increased over both comparative periods while stocks declined. Prices of common red brick in the New York City district were reduced. Production and shipments of Portland cement increased over both the previous month and a year ago. Stocks declined during July but were higher than last year. The price quoted by mills in the Chicago district remained unchanged. Contracts awarded .during July for concrete paving contemplated greater yardage than awards in either;the preceding month or July, 1923. Shipments of enameled baths and new orders were larger than in either June or a year ago, while for all other classes of enameled sanitary ware except sinks the same items, although larger than in the previous month, were below last year. Stocks were uniformly higher when contrasted with both periods except in the case of miscellaneous ware, which showed a decrease from June. Unfilled orders declined from both comparative periods. PRODUCTION, SHIPMENTS, AND STOCKS OF PORTLAND CEMENT 20 18 /• 1 1 \\ elUipiulF •UTft K ; r S 1 UVJIVS CO t * O (0 S10 / / / 1 v- KA*'/ r A. 1 I 1 f \ ; I • % l \ \ 1 \ // % 1 \ \ \ \ \ % \ il 1 \ / ^ I \ il I ! 1 1920 FV / i i ! 1 k IA \ i I t t t t \ \ ;i 1 f \ \ 1 1 1 \ \ / i ;i ;'\ ; y \ \ i i • -t' • / % \ 1 \ \ ON— N 1921 \ si 1922 i !i. CHEMICALS AND OILS Exports of dyes and dyestuffs increased oyer the previous month but were less than a year ago. A report of the United States Tariff Commission just made available shows domestic production of dyes by 88 domestic firms in 1923 aggregating 93,667,524 pounds as against 64,632,187 pounds produced in 1922 by 89 firms. Total sales during 1923 aggregated 86,567,446 pounds with a value of $47,223,161. In 1914 a total of 6,619,729 pounds valued at $2,470,096 was produced by seven firms. The average sales price of all dyes for 1923 was $.545 per pound as contrasted with $.60 in 1922, $.83 in 1921 and $1.26 in 1917. Exports of sulphuric acid were less than in the previous month and a year ago while exports of fertilizer increased over June but declined from J —t— \ \ \ —PRC)DUCT % V \ ii Jill % / 1/ > '\ 1 / / #T LJ. \ \ ; V I / 'it* 1 j 'I' rr -«/ \ if »/ _1 •I 1/ \\ V ~T il ' \ il I J! i i a 5 1923 > i ! ..(AM _ 9 / 00 v; \ '1 OCT. UJ CO K 1 \ i \# JULY U t 1 1 f 1924 July, 1923. The price indexes of crude drugs and essential oils averaged lower than in either the previous month or July, 1923, while prices of drugs and Pharmaceuticals averaged less than in June but were higher than a year ago. The index of chemical prices increased over the previous month but was less than a year ago. New York quotations on sulphuric acid remained unchanged from June but were less than in July, 1923. Exports of vegetable oils were larger than in the previous month but less than a year ago: while the inward movement of oils declined from both comparative periods. Cottonseed oil production and stocks declined in seasonal movement to a point below last year's leve • Stocks of cottonseed, although less than at the end June, were nearly double the holdings a year ago. 15 PBODUCTION OF EXPLOSIVES AND GENERAL MANUFACTURING PRODUCTION (Explosives include only permissible and other high explosives; general production index based on 64 commodities.) (1922 monthly average=100.) PRO DUC TION OF EXP .OSI ^ES- 150 i I A,, A1 IK' g!20 hi 1 o 1 Mi S i 7 ll 1 V O INDEX NUN a i • L r>r 1 Kl PFlODU CTIC N w IK irMT V li>JDcX A<f 1 ^ fiokf 701 60 ^ '5 S 5 & 1922 5 < 3 o 1923 o " " I ~ 1924 CEREALS Receipts of wheat were larger than in either the previous month or July, 1923. Shipments also ^creased over June but were slightly less than a year a go. Exports, including flour, declined from both comparative periods while the visible supply on July 31 was 9,000,000 bushels larger than a year ago in toe United States and 17,000,000 bushels larger in Canada. Both wheat and flour prices increased over the previous month and July, 1923. WHEAT FLOUR PRODUCTION M0NTH Percent of capacity operated Wheat Flour ground produced (thous. of (thous. of bushels) < - bushels) Grain offal produced (thous. of pounds) 35,871 . 44,179 44,969 £0,810 43,606 37,799 7,805 9,642 9,760 10,983 9,403 8,137 772,774 796*325 908,311 783,669 678,576 54,7 62.1 62.0 58.8 4913 41,833 39,180 8,970 8,433 8,355 7,682 7,896 7,797 8,219 746,010 705,402 698,911 51.9 53.0 48.9 45.0 46.6 47.8 50.9 1923 1924 35,680 36,688 36,293 38,124 660,271 651,632 676,152 The preceding table shows the output of wheat flour reported by over 1,000 mills, each month, which made about 84 per cent of the flour produced in 1921, according to the census of manufactures: Receipts and shipments of corn were about the same as a year ago. Grindings increased over both June and a year ago. The visible supply in Canada and the United States, east of the Rockies, on July 31 was more than double the holdings a year ago. Prices of contract corn increased over the June average and also over July of last year. Receipts of oats were smaller than in July, 1923, and the visible supply was 46 per cent less than a year ago. Exports increased over June but were considerably smaller than a year ago. The price of oats increased over both comparative periods. Barley receipts declined from the previous month and July, 1923, while exports increased over the same comparative periods. Barley prices averaged higher than in either the previous month or July of last year. Receipts of rye tripled the total for July, 1923, while exports were less than half as large. Prices were higher than in July, 1923, or the preceding month. Total grain exports, including flour reduced to grain equivalent, declined from the previous month and from July, 1923. Visible supplies of wheat, corn, and flaxsecd in Argentina were reported as larger than a year ago. The movement of paddy rice to mills was considerably smaller than a year ago, while shipment from mills, maintaining the same level as in June represented less than half the volume moving at this time last year. Stocks of cleaned rice at mills and in dealers' hands continued to decline, being on July 31, less than one-fourth of the holdings last year. Exports in July were much less than the volume moving outward a year ago while imports were slightly larger than a year ago. Car-lot shipments of apples, potatoes, and onions were larger than last year, but shipments of citrus fruits were less. MEATS AND DAIRY PRODUCTS Receipts at primary markets, total shipments, and local slaughter of cattle and calves increased over June while stocker and feeder shipments declined. Exports of beef products totaled larger than in June, attaining the same level as July of last year, while cold-storage holdings were larger than last year. Prices of cattle, carcass beef and steer rounds were lower than in June and, except in the case of carcass beef, averaged lower than last year. Movement of hogs and local slaughter were about the same as a year ago, but receipts, and local slaughter made declines'from the previous month while total shipments increased. Stocker and feeder shipments declined from both comparative periods. Exports were larger than in either the previous month or July of last year, while cold-storage holdings declined from the same periods. Hog prices averaged higher than in either the previous month or July, 1923. INSPECTED SLAUGHTER, CONSUMPTION, COLD STORAGE, AND EXPORTS OF MEAT (,600 WOO TOTAL MEAT PRODUCTS I I TOTAL PORK PRODUCTS 17 Movement of sheep and lambs and local slaughter were larger than in the previous month and a year ago. Cold-storage holdings declined during the month and were less than last year. Prices for lambs at Chicago averaged lower than in June and a year ago. Prices for ewes also declined from a year ago but were slightly higher than in June. Receipts of dressed poultry at principal markets were larger than in either the preceding month or July, 1923, while cold-storage holdings declined from the same comparative periods. SUGAR Meltings of raw sugar by refiners increased over June and were nearly twice as large as meltings in July, 1923, Refiners7 stocks declined from the end of June but were larger than a year ago, while imports increased over both comparative periods. Exports of refined sugar were about the same as in June, but several times larger than a year ago. Wholesale prices for both raw and refined sugar were practically stationary at the June level, but were lower than the average for July, 1923. The movement of raw sugar in Cuba showed increases in receipts and exports over the previous month and July, 1923. Stocks in Cuba declined from June holdings, but were larger than a year ago. crease in the number of cars in need of repairs. Shortages of cars, though larger than at the and of June, were negligible when contrasted with the shortage a year ago. The accompanying chart compares cumulative carloadings at the end of specified periods for the past three years. This chart is based on the now series of data published in the August issue of the Survey (No. 36) pp. 1G8-1G9. The monthly figures include four weeks each except March, June, September, and December, which include live weeks. In comparing current data in the present issue, it should be noted that June and July do not permit of exact comparison since June represents a total of five weeks and July only four weeks. Loadings generally wore below July of last year while the number of bad order cars increased over June and a year ago. The number of locomotives in need of repair on July 31 was larger than at the end of the previous month, but less than a year ago. SHIPMENTS AND UNFILLED ORDERS OF FREIGHT CAHS COFFEE AND TEA Imports of coffee increased over the June total and ^ere practically twice as large as a year ago. The world visible supply was lower than at the end of the previous month and a year ago, while United States holdings were larger than in either comparative period. Receipts in Brazil and clearances for the United States declined from the previous month and * year ago. Imports of tea increased over June, but were lower a year ago. WATER TRANSPORTATION The total tonnage of vessels engaged in foreign ade entering and clearing United States ports increased over the preceding month, and in the case of Vessels of American registry was larger than a year *8°- The average of ocean freight rates between our Atlantic ports and the United Kingdom, also Europe as a whole, was lower than in June and above the * l for the same period last year. Cargo traffic on Ohio River between Pittsburgh and Wheeling i d from June and a year ago. tr RAILROAD TRANSPORTATION ^ surplus of idle freight cars was reduced by inleased loadings late in the month and a further in9251—23f 3 SHORTAGE, SURPLUS, AND BAD-ORDER FREIGHT CARS 18 CUMULATIVE RAILWAY CAR LOADINGS AT THE END OF SPECIFIED PERIODS EMPLOYMENT The index of factory employment for the United States based on 1923 as 100, stood at 85 in July as against 88 in June and 100 a year ago. The leather and food products groups alone remained at the previous month's level. State and city reports showed increases over June for Wisconsin and the city of Detroit, and declines for New York, Illinois, and Massachusetts, but declines from July, 1923, were general. Except in New York State, average weekly earnings declined from both comparative periods. Earnings in New York State factories declined fractionally from June, but were on a par with July of last year. DISTRIBUTION MOVEMENT The sales of two leading mail-order houses declined about 18 per cent from June, and were about 2 per cent below July, 1923. Sales of four principal ten-cent chains were larger than in June, and about 14 per cent over last July* The number of stores operating at the end of July totaled 1,902, as contrasted with 1,758 stores operating a year ago. Newspaper advertising declined in a seasonal movement from June, but in a greater degree than last year. Postal receipts in 50 selected cities declined from June in the usual seasonal movement, while receipts in 50 industrial cities increased over June and a year ago. SALES OP MAIL-ORDER HOUSES AND CHAIN TEN-CENT STORES The following figures show the current conditions of freight-car equipment on Class I railroads : EQUIPMENT, FREIGHT CARS INSTALLED DURING MONTH OWNED (END OF MONTH) YEAR AND MONTH Number 1923 December 1924 January. _ February. March April May. June July Aggregate capacity (pounds) Number 2,307,997 201,055,000,000 18,690 1,762,000,000 2,310,032 2,310,570 2,311,405 2,312,074 2,312,237 2,314,798 2,322,963 201,288,000,000 201,535,000,000 202,331,000,000 202,447,783,106 202,606,400,427 203,139,187,427 204,777,305,883 15,589 11,386 9,562 1,415,000,000 1,109,000,000 892,000,000 731,956,198 RETIRED DURING MONTH YEA.R AND MONTH Number December, January.. February. March.... April...., May...... J June July Aggregate capacity (pounds) Aggregate capacity (pounds) 8,718 9,199 10,909 16,583 879,032,000 1,076,236,000 2,302,604,000 Unfilled Building in orders end of month railroad shops (number) (number) 1933 14,411 1,098,000,000 24,379 1,515 12,329 10,466 8,726 8,026 9,059 8,347 8,413 1,033,000,000 822,000,000 705,000,000 612,577,857 720,424,679 642,189,000 633,855,544 21,696 40,030 62,340 59,550 67,266 57,735 51,156 2,417 2,715 2,697 2,739 2,467 2,269 4,602 1924 ! ! 1 i 1 I 1920 | The value of money orders paid in 50 cities declined seasonally, but was about 10 per cent larger than m July, 1923. LIFE INSURANCE New business of life insurance companies in a seasonal movement from the previous month, was in a larger volume than a year ago. Group in ance, however, increased over both comparative periods. Premium collections for all classes of n^ insurance except industrial increased over June an year ago. 19 EMPLOYMENT IN MANUFACTURING INDUSTRIES BY MAJOR INDUSTRIAL GROUPS (Drawn from data compiled by the U. S. Department of Labor and representing weighted indexes based upon the number of wag© earners fn the respectivo industries v in 1919. Detailed data may be found in the August issue (No. 36), page 176) (Average monthly employment 1923-»100) GENERAL INDEX OF EMPLOYMENT 1 1915 1914 ' 1916 ' ' 1917 1U i 11 i . .. > 1918 |9|9 TEXTILES AND THEIR PRODUCTS FOOD AND KINDRED PRODUCTS 130 I |920 t T I 1921 1924 1922 > 1923 LUMBER AND ITS REMANUFACTURES IRON AND STEEL AND THEIR PRODUCTS 120 110 - G 1 c 100- J 1 SLAUGHTERING g " AND MEAT PACKING GR OUf TC TAl \ \ 90- 4 80 !4AR n u / Km GR DUF TC T A l P * OT V JPI :IMI \ 3H! UG--\ [TEXTILES i \ V me UP TO FAL \ \ \ f — • f ' - F t RN TUI I E - 1 • LEATHER AND ITS FINISHED PRODUCTS PAPER AND PRINTING CHEMICALS AND ALLIED PRODUCTS STONE, CLAY, AND GLASS PRODUCTS "120 no 100 90 ?LE m G l OU GR( (UP TO TAl s T 3T* p< RO IP * —* OTAL PAI ER ANI i PL LP^ \ r rR( LEI )M IEF NIN o' PE 80 70 60 kOTHER 130 ENAMELED WARE THAN IRON AND STEEL TOBACCO MANUFACTURES VEHICLES FOR LAND TRANSPORTATION MISCELLANEOUS INDUSTRIES DRE! ISO CHE' VJNG AND SMOKING TOBACCO- AUTOMOBILI 110 100 T 90 GROUP TOTAL GROUP T O T A L / 80 70 60 Hi ill 19221 1923 i i I 1924 19221 1923 I 1924I 19221 1923* I 1924 I 19221 1923 I 1924 20 BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL RESERVE BANKS 28 / . 24 1-/ • > ^ \ MILLIONS OF DOLU A new series of life-insurance data appears on page 48 of this issue. These data, supplementing the former series carried in the Survey, include reports from five additional companies, making a total of 45 companies who had in force 81 per cent of the total legal reserve life insurance outstanding in the United States, as of December 31, 1923. Beginning with January, 1924 data have been compiled showing the number of persons insured. This item appears in the new tabulation. ) L8 Ol »coo IT£t> \ \ \ BANKING AND FINANCE Check transactions in New York City as measured by debits to individual accounts declined about 2 per cent from the previous month, but were 17 per cent larger than a year ago, while for the country outside New York, the volume was 2 per cent larger than in June, and 3 per cent in excess of the volume last July. The accompanying table compares debits in July with June and a year ago for 141 clearing house centers; a comparison is also given by Federal reserve districts with data adjusted for seasonal variation. During July discounts and note circulation of the Federal reserve banks declined, while investments other than discounted bills, total reserves, and deposits increased, the reserve ratio at the end of the month standing at 83.0 percent as against 82.8 percent at the end of the previous month and 78.2 per cent a year ago. Reports of member banks of the Federal reserve system show increases over the preceding month and July, 1923, for total investments, total loans and discounts, and net demand deposits. V * £ 8 r - • % \ \ rOTAl . INV - > 4 — 1 0 1 \ 1920 . 3 i; 1921 ? 1922 i I ii i si i ii i 1923 124 Interest rates on the New York market made a further decline during July, call money averaging 2*10 per cent for the month and commercial paper averaging 3.53 per cent. The accompanying chart compares the yield from corporation bonds, municipal bonds, and call and commercial loans, over a period of years. Business failures increased over the preceding month and a year ago, both in number and liabilities. Liabilities of failing concerns increased generally over June except in the case of trade establishments, while the number of failing concerns increased over the same period except in the case of ag'ents and brokers, and manufacturing establishments. In the agricultural credit field, repayments exceeded advances by the War Finance Corporation and the outstanding loans with all farming enterprises were reduced. COMPARISON OF INTEREST RATES AND BOND YIELDS 21 Bond prices continued to increase during the month, the average price of 40 corporation bonds, reduced to a comparable basis, being 2 per cent higher than in June and 7 per cent higher than a year ago. Government issues shared the general increase. Stock prices increased in oven groat or moasuro than bonds, especially railroad issues. Stock transfers on the New York oxchange increased over the previous month and were double tho volume for the corresponding period last year. DEBITS TO INDIVIDUAL ACCOUNTS AT PRINCIPAL CLEARING-HOUSE CENTERS GROUPED BY FEDERAL RESERVE DISTRICTS [Relative numbers based on 1919 as 100] 1024 1923 1924 DISTRICTS July UNITED STATES, 141 clearing-house centers.—. August Total, 11 centers Boston.. _. Hartford. _ . ._ Providence^ -_ „ New Haven . . July 103.3 119.3 123 8 142.4 95.8 133.3 112.5 118.6 115.2 92.3 115.3 106.1 136.7 118.6 135.8 105.5 103.1 125.2 104.9 120.0 102.8 Total, 5 centers.. Louisville-. 100.2 St. Louis 99 7 • Memphis 108 7 Little Kock 93 0 122.2 MINNEAPOLIS DISTRICT: Total, 9 centers Duluth 80 5 Minneapolis 106.9 St. Paul 112.2 Helena Billings 112.5 79.5 117.1 114 4 147.2 151 2 107.6 105.5 128.3 130.3 106.6 101 4 134.0 127.9 109.0 84.4 128.4 95 5 114 2 105 0 145.7 113.8 140.0 100.9 73.3 114.6 87.4 107.3 86.7 141.4 106.9 122.0 106.1 77.8 114.6 95 8 106 5 98.4 130.2 128.0 94.2 92.1 85 7 106.0 62.2 93.9 96.5 71.4 106.0 56.8 93.2 91.1 76.2 105.2 70.3 98.5 101.6 188.1 100.3 116.6 76.3 62.2 91.5 100.0 178.0 87.8 116.6 74.2 54.1 85.3 94.1 167.8 76.3 100.0 72.0 52.8 119.6 106.3 126.1 114.0 106.7 126.5 86.6 125.4 105.3 102.3 124 4 105.1 100.4 114.5 85.3 120.6 100.0 94.5 12a 1 109.6 108.2 88.0 90.6 112.7 YORK DISTRICT: Total, 7 centers . . ._ . Albany Buffalo Rochester New Y o r k . . . . . . . . August 107.2 BOSTON DISTRICT: NEW 1923 DISTRICTS 89.5 August August ST. LOUIS DISTRICT: 103.0 107.0 102 4 80 1 101.9 100.0 71 3 152 8 90 6 91.7 97 4 70 G 111 5 77.8 IK). 4 87.8 91.0 92.0 81. S 00.7 85.0 107.4 00.9 88.9 87.0 111.0 83.3 68.6 64.7 108.0 90.8 8S.1 113.7 8U.8 71.0 fiO. 4 103.0 83.0 80,8 111.0 88.9 70.5 C7.0 110.3 92.0 87.5 91.3 70.1 71.7 80.4 90.1 81.9 OS. 5 SO. 2 87.0 81.9 GS.6 125.2 223.9 84.5 106.3 88.3 190.8 122.3 212.4 120.3 2110 85.1 07.4 82.5 177.7 155 6 . . . . *.. » ... *... 90.3 95.5 95.2 102. r> 90.9 90,7 78.9 KANSAS CITY DISTRICT: PHILADELHFIA DISTRICT; Total, 10 centers Philadelphia Scranton Trenton CLEVELAND DISTRICT* Total, 13 centers . Akron. _ Cincinnati Cleveland Pittsburgh Younsstown Toledo Columbus Dayton . . . . '- RICHMOND DISTRICT; Total, 7 centers Baltimore Norfolk Richmond Charleston.. * ATLANTA DISTRICT: Total, 15 centers Atlanta. Birmingham „ New Orleans.. Jacksonville Nashville Augusta ! .„..„. . .... . CHICAGO DISTRICT: Total, 21 centers Chicago Detroit Indianapolis Milwaukee. „ Des Moines Grand Rapids Sioux City ...___ ~ . - .. Total, 14 centers PUBLIC FINANCE The gross debt of the Federal Government increased slightly over the previous month, but showed a reduction of about 5 per cent from July 31, 1923. Customs receipts increased about 2 per cent over both June and a year ago. Total ordinary receipts were less than a year ago. Expenditures chargeable against ordinary receipts decreased from both comparative periods. GOLD AND SILVER Domestic receipts of gold at the mint increased over the previous month but were less than a year ago. Imports and exports of gold were reported in less „ „ Kansas City, Mo -. St. Joseph, Mo . . Oklahoma City Tulsa .- .- * DALLAS DISTRICT: Total, 11 centers Dallas Fort Worth SAN FRANCISCO DISTRICT: Total, 18 centers San Francisco Seattle Oakland, Calif DISTRICT TOTALS CORRECTED FOR SEASONAL VARIATION: United States, total Boston district.... New York district Philadelphia district Cleveland district Richmond district Atlanta district Chicago district St. Louis district Kansas City district Dallas district San Francisco district - - - - - 10S.2 118.0 107.7 116.4 105.6 93.6 103.9 118.1 100.0 101.2 S6.7 97.7 12G. 7 IO3! 4 207.9 112.2 127.7 1118 J13.5 mo tut n 101.4 108.0 109.1 015 86.3 96.1 126.0 97.2 113.7 S9.6 112.4 111.4 ryt n 916 102.6 105.8 918 SS.0 95.9 volume than in July, 1923, but in the case of exports an increase was made over the previous month. Net imports of gold in July aggregated 818,507,000 as against §24,912,000 in June and $27,406,000 in July* 1923. Production of the Rand mines totaled 829,437,000 fine ounces as compared with 733,000,000 in the preceding month and 754,306,000 fine ounces a year ago. Silver production declined from June and a year ago. Both imports and exports increased over the movement in the previous month. Exports were about 47 per cent larger than in July of last year, while imports declined 29 per cent from the same period. 22 CENSUS FOREIGN EXCHANGE AND TRADE Except for the French franc, Chile pesos, and the Brazilian milreis, which declined, and Belgian francs and Italian lire, which remained unchanged, the principal foreign exchanges averaged higher than in June. Except for Sweden, Switzerland, India, and Canada, exchange rates were lower than a year ago. The weighted index of foreign exchange ratesA relative to par, declined from 60 in June to 59 for July and may be compared with 63 a year ago. Imports into the United States during July were about 1 per cent larger than in June and about 4 per cent less than in July of last year, while July exports declined 10 per cent and 8 per cent, respectively, from the same comparative periods. The volume of exports and imports during July were practically equal, as against an export excess of approximately $32,000,000 in both May and June. OF MANUFACTURES: REPORTS The Bureau of the Census has announced preliminary figures on 29 additional manufacturing industries collected pursuant to the census of manufactures for the year 1923. The following table summarizes the more important data made available since those published in the August issue, and as further similar reports are released they will be correspondingly summarized for the readers of the SURVEY. More details can be obtained with respect to each of the industries above outlined from the bureau's complete preliminary statement for each industry in connection with the census of manufactures for 1923. CENSUS OP MANUFACTURES RETURNS: INDUSTRY CLASSIFICATION 1933 CIVIL-SERVICE APPLICATIONS, EXAMINATIONS, APPOINTMENTS, AND SEPARATIONS * NUMBER OF APPLICATIONS RECEIVED YEAR AND MONTH NUMBER OP PERSONS EXAMINED NUMBER OF PERSONS APPOINTED NUMBER OP PERSONS SEPARATED Depart- Field Depart- Field DepartDepartmental mental mental Field mental Field service service service service service service service service 1933 June July August September... October November... December. _. 3,930 9,898 4,175 13,948 3,875 15,218 2,980 18,538 2,415 19,263 2,953 15,511 2,410 12,887 3,515 2,320 1,817 1,793 3,038 2,478 1,397 11,051 12,660 11,770 16,824 16,893 15,664 9,710 509 599 618 702 552 509 366 5,629 6,787 5,791 7,514 6,612 8,059 6,021 876 523 545 937 823 604 475 6,990 8,373 6,159 7,743 6,338 6,960 5,747 1924 January _ „ _ . February.... March April May. June 8,129 6,865 2,293 1,535 2,706 3,120 7,536 2,063 2,638 1,893 13,534 14,749 22,851 14,435 42,743 212 390 399 422 371 7,045 5,745 7,271 8,686 8,957 240 479 451 544 520 5,687 4,134 6,298 5,909 6,171 15,304 20,639 24,250 42,910 22,114 i By departmental service is meant service in Washington, D . C , exclusive of the jurisdiction of the fourth civil-service district with offices in Washington. B y field service is meant all service outside of the District of Columbia and includes the service in Washington under the jurisdiction of the fourth civil-service district Drug grinding Watches and watch movements Watchcases Engraving and diesinking Haircloth.. Cane sugar refining Stereotyping and electrotyping Baking powders and yeast Card cutting and designing Washing m a c h i n e s , clothes wringers, and dryers Engravers' materials Ammunition and related products Envelopes Saws 1921 Quantity Per cent principal increase product stones Graphite, ground and PER CENT MINIMUM TO MAXIMUM EMPLOYMENT Average mi earners employed 81.2 $12,294,934 $10,085,691 21.9 11.8 30,630,265 24,396,516 17,472,075 13,805,957 25.6 26.6 -5.0 16.4 9,242,056 4,849,882 3,733,969 2,618,319 726,241,577 466i 602; 352 90.6 42.6 55.6 49.1 65.8 -1.3 92.9 70.8 85.7 71.1 91.1 82.2 52.3 67.2 71.8 20,596,208 17,358,994 18.6 13.2 96.3 97.0 51,691,123 52,885,888 - 2 . 2 -1.4 92.8 94.5 5,950,962 4,557,834 2,096,131 1,498,897 39.8 2,184,609 1,456,864 49.9 i A minus sign ( - ) denotes decrease. 17.5 30. 56,814,588 30,198,566 88.1 2,302,627 1,816,873 26.7 51,508,622 32,350,445 59.2 49,918,447 43,910,409 13.7 30,641,858 18,185,297 68.5 Files I..ZZZII 11,618,568 7,647,252 51.9 Boot and shoe cut stock. 99,261,911 72,691,564 36.6 107,276,240 98,212,784 9.2 Phonographs 40,953,386 36,255,601 13.0 Paper bags 24,366,097 21,342,004 14. Glue and gelatin... 16,708,207 9,529,779 75.3 Bicycles Motorcycles. .__. 15,508,802 13,567,970 14.3 Gas machines and gas and water meters. 34,250,414 21,956,424 56.0 Steel and copper plate engraving and plate printing 32,132,811 28,778,665 11.7 Lithographing 91,050,585 79,472,260 14.6 Boot and shoe findings.. 49,429,739 39,116,538 26.4 Cast-Iron pipe and fit92,674,088 44,321,548 109.1 Leather beitlngZZrilli; 37,845,830 19,168,255 97.4 Grindstones and DUID- 1923 PER CENT INCREASE * OVEE 1921 IN — VALUE OP PRODUCTS CIVIL-SERVICE EMPLOYEES The following monthly figures reported by the "United States Civil Service Commission give a com.parative summary of the operations of the civilservice system: 1923—PRELIMINARY 65.7 121.8 55.2 86.1 57.5 92.3 48.2 21.7 89.3 65.6 92.2 82.4 25.1 14.6 42.4 14.9 1.2 14.3 22.7 25.2 90. G 29A 86.0 96.5 94.6 88.2 82.3 79.1 93.4 85.6 84.2 81.6 43.2 86.5 79.2 66.3 87.5 67.6 58.0 60.5 72.0 63.5 68.5 52.5 35.6 92.2 3.4 15.8 95.6 91.6 73.5 80.4 29.1 72.8 89.3 72.7 90.8 86.4 39.6 58.3 28.6 85.1 46.8 60.5 23 AUGUST DATA The following table gives such August data as have been received to and including Sept. 14,1924, Text matter covering August data is given on p. 1 1924 1921 August, 1923 July ITEM August July bales.. 6,597 4,136 3,420 bales.bales.. 211,533 346,671 277,641 357,455 244,415 491,604 of bales.* of bales.. of bales.. of bales,. 1,394 720 674 933 1,364 553 811 823 1,986 807 1,179 914 „..bales.. bales.. 30,952 23,213 29,518 30,075 33,547 25,459 Pig iron, production thous. of long t o n s . . Furnaces in blast: Furnace. - ...._.. . . . . . . . ........number.. Capacity."_."."."._."."..—". long tons per d a y . . Merchant pig iron: Production thous. of long tons.. Sales thous. of long tons.. Shipments thous. of long tons.. Unfilled orders thous. of long tons.. Stocks, merchant furnaces thous. of long tons.. Stocks, steel plants . . . . . t h o u s . of long tons.. Steel ingots, production thous. of long tons.. Unfilled orders, U. S. Steel Corp., end of month thous. of long tons.. Wholesale price, composite rtrt I*finished steel dolls, per 100 l b s . . Wholesale price: Composite pig iron dolls, per t o n Iron and steel dolls, per t o n . . Composite steel dolls, per 100 l b s . . Locomotives: Shipments— , Total number.. 1,785 1,891 3,449 144 55,350 151 63,000 270 106,590 267,125 274,237 267,039 790,861 256,705 370,350 308,169 873,979 500,122 303,276 410,196 805,939 052,898 209,966 ,001,612 190,340 705,421 170,111 3,696 1,869 2,542 3,187 3,290 IRON AND STEEL - 5,415 2.78 2.56 2.25 20.11 39.79 2.81 20.22 39.33 2.76 number.. number.. 140 130 10 139 121 18 272 259 13 number.. number.. number.. numberthous. of dolls.. 483 416 67 886 1,116 361 306 55 5,984 1,185 1,497 1,406 91 2,780 1,345 71,827 85,826 105,410 15,036 18,629 72,195 83,550 101,844 15,883 18,030 75,325 83,250 52,942 21,183 21,550 8,516 Si 836 13,099 10,958 10,792 7,858 4,805 5,510 20,161 5,059 21,302 3,454 18,754 2,887 26.10 44.87 3.03 KONFERROUS METALS Zinc:. Retorts in operation, end of m o n t h . . . . n u m b e r Production thous. of lbs.. Stocks end of month thous. o f l b s Receipts at St. Louis thous. of lbs.. Shipments from St. Louis thous. of lbs.: Lead: Receipts at St. Louis thous. of lbs.. Shipments from St. Louis thous. of lbs.. Tin: Consumption long tons.. StocksWorld long t o n s . United States long tons. BUILDING AND CONSTRUCTION Contracts awarded, floor space (27 States): Business buildings thous. of sq. ftIndustrial buildings thous. of sq. ft., Residential buildings thous. of sq. ft. Educational buildings thous. of sq. ft. Other public and semipublic buildings .thous. of sq. ft. Grand total thous. of sq. ftContracts award~e"d\ value (27 States): Business buildings thous. of dollsIndustrial buildings thous. of dollsResidential buildings thous. of dolls. Educational buildings thous. of dolls. SSJC - . - f t o u s . of dolls. Grand total" " I " " " thous. of dolls. Constructionrelativeto 1913, Engineering News Hecord: Cost (1st of following month) index number. Northern pine: Lumber— Production M ft. b. m. Shipments - — Mft. b. m. LathProduction thousands. „ Shipments thousands. composite lumber prices (1st of following month): Hardwoods dolls, per M ft. b. m.. Softwoods dolls, per M ft. b. m. XT URUSt, 11)23 CEMENT TEXTILES Cotton: Imports, unmanufactured Exports, unmanufactured (including Writers) Consumption b y textile mills Stocks, end of month— Total, mills and warehouses-thous. Mills ...thous. "Warehouses thous. World visible, American thous. Silk: Consumption . Stocks DomestIc_.I"II~I Foreign _„... Unfilled ordersTotal Domestic"" Foreign.."."i:.I Freight cars, orders, domestic Steel furniture, shipments August 7,436 2,416 20,891 4,846 6,854 2,703 24,548 3,453 6,245 3,367 24,106 3,285 4,711 41,179 4,143 41,853 2,782 39,786 41,866 14,475 108,507 34,667 23,865 133,033 27,859 27,169 17,717 114,317 21,036 31,493 289,834 32,981 299,507 21,670 253,106 196 196 206 52,267 45,758 54,068 46,403 83,862 49,041 13,328 14,&i9 14,675 16,515 20,076 15,091 42.04 29.1 41.03 30.74 45.02 31.39 thous. of bbls.. thous. of bbls.. .thous. of bbls.. 14,021) 10,014 12,319 15,123 10,855 10,603 12,967 14,071 6,080 thous. of b u s h . . thous. of bush.. thous. or bush.. 35,074 18,225 10,510 92,987 19,340 27,501 65,315 21,i>22 28,179 ....thous. of bush.. thous. of bush.. 10,302 11,205 52,82(1 10,749 26,387 13,009 thous. of bush.. thous. of bush.. thous. of bush.. 43,779 5,987 3,080 70, M7 6,624 11,403 63,922 1,966 10,111 thous. of bush.. thous. of bush.. thous. of bush.. 6,000 13,200 3,000 7,400 16,000 3, GOO 3,700 4,800 1,000 thous. of bbls., thous. of pockets.. thous. of pockets- 6 135 165 345 131 399 410 543 503,482 321,238 448,493 220,408 316,729 209,798 158,812 300,293 670,802 164,990 315,283 432,123 04,878 148,237 429,688 151 133 207 150 134 206 142 130 203 22.8 22.1 23. 22.3 20.1 20.0 3,527 174 118 578 239 221 2,197 3,623 23G 120 f>27 273 207 2,301 4,116 202 132 813 305 324 2,331 22,069 13,416 8,653 27,319 15,950 6,371 3,099 1,899 23,809 13,470 10f333 28,789 16,927 6,802 3,000 2,060 22,334 13,909 8,425 25,551 14,964 6,333 2,527 1,722 276,819 276,734 270,600 331,000 275,438 310,066 105.8 98.3 109.0 27.3 39.07 5.65 6.60 10.50 116.8 107.4 111.3 5S.44 5.67 8.54 10.15 &4.2 87.4 122.7 23.5 37.47 5w60 6,85 9.96 1.397 1.253 1.356 1.31. 1.072 1.017 1.055 .563 1.171 .528 .875 .387 .821 .86 .85! .911 ,623 .671 9.563 8.18S 4.84 9.48 9.6 5.969 10.875 7.994 5.750 Production Shipments Stocks FOODSTUFFS Grain movement: ReceiptsWheat Corn Oats ShipmentsWheat Corn Visible s u p p l y Wheat Corn .• Oats Argentine grain: Visible s u p p l y Wheat Corn Flaxseed Rice: Receipts at mills Shipments from mills Stocks, domestic Sugar, raw: Meltings Stocks at refineries Sugar, Cuban movement: Receipts, Cuban ports Exports Stocks, end of month long tons.. long tons., long tons. ongtons. long tons. CHEMICALS AND DEUGS aoiesaie pnwa. Drugs and Pharmaceuticals Essential oils Crude d r u g s . . . . . index numberindex number., index number., TRANSPORTATION Index of ocean rates, Atlantic ports to: "United Kingdom weighted index number.. All Europe weighted index number. Car loadings (monthly totals): Total tbous. of cars. Grain and grain products thous. of cars. Livestock.... thous. of cars. Coal and coke thous. of cars. Forest products thous. of cars. Ore thous of cars. Merchandise and miscellaneous...thous. of cars.. DISTRIBUTION Mail-order houses, total sales Sears, Roebuck & Co Montgomery Ward & Co Ten-cent stores, total sales F. W. Woolworth Co S. S. Kresge Co S. H . Kress Co McCrory Stores Corp U. S. foreign trade: Imports Exports thous. of dolls. thous. of dolls. . . . t h o u s . of doll3.. thous. of dolls. thous. of dolls. thous. of dolls. thous. of dolls. thous. of dolls., thous. of dolis. thous. of dolls. WHOLESALE FEICE3 Farm product*—Average price Wheat Corn Potatoes Cotton Cottonseed Cattle, beef Hogs Lambs Farm products—Market to producers cents per bush. cents per bush. cents per bush. cents per l b . ..dolls, per ton. cents per l b . cents per lb.. cents per lb., price Wheat, No. 1, northern, spring (Chicago) ...dolls, per bush. Wheat, No. 2, red,winter(Chicago). .dolls, per bush. Corn, contract grades, No. 2, cash (Chicago) dolls, per bush, Oats, contract grades, cash (Chicago)dolls. per bush Barley, fair to good, malting (Chicago) dolls, per bush Rye, No. 2, cash (Chicago) dolls, per bush. Cattle, steers, good to choice, corn fed (Chicago) dolls, per 100 lbs. Sheep,heavy (Chicago) Hogs, dolls, per 100 lbs. - - /^uj ^ --dolls, tier 100lbs. 13,760 1 27.8 13.28 12.813 24 AUGUST DATA—Continued 1924 1924 August, 1923 July August July Food Building materials and 7.490 5.831 7.538 6.225 6.100 4.900 .051 .054 .061 .066 .066 .076 .121 .165 .170 .139 .165 .169 .104 .158 .184 Clothing Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) dolls, p e r l b . . Cotton, print cloth, 27 inches, 64x60-7.60 yards to pound (Boston) dolls, per yd.. Cotton, sheeting, brown, 4/4 Ware Shoals, L. L. (New York) dolls. per yd.. Worsted yarns, 2/32's crossbred stock, white, in skein (Boston)__ •„„• dolls, perlb.. Women's dress goods, storm serge, all-wool, dbl. warp, 50 inch (New York) dolls, per yd.. Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (New Y o r k ) . . dolls, per yd.. Silk, raw, Japanese, Kansai No. 1 (New York) dolls, per lb.. Hides, green salted, packer's, heavy native steers (Chicago) dolls, perlb.. Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) dolls, perlb.. Leather, chrome calf, dull or bright " B " grades (Boston) dolls, persq. ft. Leather, sole, oak, scoured backs, heavy (Boston) dolls, per lb., Boots and shoes, men's black calf, blucher (Massachusetts) dolls, per pairBoots and shoes, men's dresswelt tan calf (St. Louis) dolls, per pair. .471 .469 .432 .068 .070 .064 .108 .116 .111 1.550 1.600 1. 750 1.035 1.035 1.035 3.600 3.600 3.690 5.390 6.076 7.350 .131 .156 .147 .180 .194 .147 .430 .460 .400 .425 6.25 4.85 .440 6.25 4.85 .515 6.50 4.85 Fuels Coal, bituminous, mine run lump, Kanawha (Cincinnati) dolls, per short'ton. Coal, anthracite, chestnut (New York tidewater) dolls, per long ton.. Coke, Connellsville (range of prompt and future) furnace—at ovens dolls, per short ton., Petroleum, crude, Kansas-Oklahoma— at wells dolls, per bbl.. 3.39 3.39 3.89 11.28 11.38 10.63 2,96 3.00 4.56 1.550 1.375 1.450 Metals Pig Iron, foundry No. 2, northern (Pittsburgh). dolls, per long ton.. Pig iron, basic, valley furnace. _.dolls, per long ton.. Steel billets, Bessemer (Pittsburgh) dolls, per long ton.. Copper ingots, electrolytic, early delivery (New York) dolls, per l b . . Lead, pig, desilvered for early delivery (New York) dolls, per l b . . Tin, pig, for early delivery (New York).dolls. per l b . . Zinc, slab, western, early delivery (New York) dolls, p e r l b . . 20.76 19.00 20.89 19.00 26.52 24.75 30.00 37.75 42.50 .124 .133 .139 .071 .462 .080 .518 .067 .393 .062 .066 .067 Building materials and miscellaneous Lumber, pine, southern, yellow flooring, 1x4, " B " and better (Hattiesburg district) dolls, per M ft. b. m . . Lumber, Douglas fir, No. 1, common (Washington) dolls, per M ft. b. m . . August,1923 WHOLESALE PEICES—continued "WHOLESALE PRICES—continued Flour, standard patents ^ (Minneapolis) dolls, per bbl._ Flour, winter straights (Kansas City)-dolls, per bbl._ Sugar, 06° centrifugal (New York) dolls. p e r l b - . Sugar, granulated, In barrels (New York) dolls, per lb__ Cottonseed oil, prime summer yellow (New York) dolls, per lb__ Beef, fresh carcass good native steers (Chicago) dolls, per lb._ Beef, fresh steer rounds No. 2 (Chicago) .dolls, per lb_. August 38.51 39.56 44.85 16.500 16.000 18.500 miscellaneous—Continued Brick, common red, domestic building (New York) dolls, per t h o u s Cement, Portland, f. o. b . plant (Chicago district) __ dolls, per bbl.. Steel beams, mill (Pittsburgh). dolls, per cwt_. Rubber, Para Island, fine (New York) dolls, per Ib_. Sulphuric acid, 66° (New York)...dolls, per 100 lbs.. 16.00 13.50 20.39 1.75 2.20 1.75 2.15 1.75 2.50 .170 .70 .211 .70 .238 .75 20,991 21,254 43,945 195, 704 20,981 21,245 45,621 185,763 21,902 22,201 42,500 235,505 207,995 196,892 234,49S 21,127 16,240 20,342 15,247 14,778 14,596 531 294 1,762 3,260 2,165 83.0 593 263 1,741 3,202 2,150 82.3 267 816 2,225 3,201 1,908 77.5 12,265 4,987 12,233 12,434 5,091 12,419 11,703 4,537 10,8SO 2.10 2.00 4.95 36,813 20,022 12,421 4,370 55,154 29,924 16,361 34,335 15,988 13,125 5,222 1,615 416 1,124 75 1,520 414 1,024 82 1,319 385 88S 46 75.81 87.22 73.58 70.93 73.48 24,226 75.93 86.09 73.52 71.57 74.14 22,427 71.86 83.66 67.81 66.35 72.02 13,126 113.53 68.39 119.18 71.06 102.95 56.24 dolls, per fine ozpence per standard ozthous. of dollars.. thous. of dollars- .672 34.509 7,128 9,190 34. 213 7,042 8,632 30.952 6,466 7,032 . . . t h o u s . of dollarsthous. of dollars.. 18,834 327 18,150 2,397 32,856 2,201 PUBLIC FINANCE TJ. S. interest-bearing debt. . . . . . . m i l l s , of dolls.. Gross debt jmills, of dolls.. Customs receipts _ thous. of dolls.. Ordinary receipts thous. of dolls.. Total expenditures chargeable against ordinary receipts.. thous. of dolls.. BANKING AND FINANCE Bank clearings: New York City „ „ . m i l l s , of dolls.. Outside New York C i t y . . . . mills, of dolls.. Federal reserve banks: Total investments A . . . . m i l l s , 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 per cent-. Member banks: Total loans and discounts mills, of dolls.. Total investments mills, of dollsNet demand deposits mills, of dolls.. Interest rates: New York call loans per cent.. BUSINESS FAILURES Liabilities: Total commercial thous. of dolls.. Manufacturing establishments._.thous. of dolls.. Trade establishments thous. of dolls.. Agents and brokers thous. of dolls.. Firms: Total commercial number.. Manufacturing establishments numberTrade establishments number.. Agents and brokers _ number.. STOCKS AND BONDS Bond price indexes: Combined index, 40 bonds p . ct. of par. 4% bond.. 10 highest grade rails p . ct. of par. 4% bond.. 10 second grade rails p . ct. of par. 4% bond.. 10 public utility b o n d s . r . p . ct. of par. 4% b o n d 10 industrial bonds p . ct. of par. 4% b o n d Stock sales , . .thous. of sharesStock prices: 25 industrials , dolls, per share25 railroads dolls, per share.. GOLD AND SILVER Silver: Price at New York Price at London Imports : Exports Gold: Imports Exports. _ .685 25 INDEXES OF BUSINESS The index numbers presented in this table are designed to show the trend in production, prices, trade, etc., in various groups of industry and commerce. They consist in general of weighted combinations of series of individual relative numbers; often the individual relative numbers making up the series are also given. The base year of all the index and relative numbers is 1919, except prices which are on a 1913 base, and unfilled orders, on a 1920 base. The function of index and relative numbers is explained on the inside front cover. A condensed form of this table is given on page 7. w 1923 EXPLANATION Maximum Minimum All index numbers are relative to 1919 as 100, except since Jan. since Jan. prices, which are relative to 1913, and unfilled 1,1920 1,1920 orders, which are relative to 1920 June July April Mny June Per cent fruro.'ist1 (+) or decrease (—), July from June July PRODUCTION (Relative to 1919) 157 73 95 98 87 95 90 OS + K.9 209 137 „_ . . . 121 241 124 164 105 41 198 118 118 212 117 147 114 71 108 145 207 116 113 232 118 139 189 76 93 4 123 143 196 81 106 152 122 157 194 83 106 172 121 162 -1-3. 2 + (>. 4 + 1. 0 -5. 0 119 80 97 106 126 SO 124 123 188 78 105 1S1 119 163 RAW MATERIALS, TOTAL MINERALS: Petroleum ~ Bituminous coal Anthracite coal Iron ore* Copper Lead Zinc Gold Silver 131 17o 74 38 57 145 154 80 83 133 Total _ 0 114 94 115 148 ANIMAL PRODUCTS (marketings): Wool Cattle a n d calves Hogs _ _ ~ _ Sheep. . . . Eggs* « Poultry* . Fish __--_ , - _ . __ _ » _ _ _ _ _ ._ _ . _ . ._ Milk (New York) Total -_ _ 227 143 167 153 245 382 135 190 130 30 21 45 94 80 124 80 113 64 174 84 98 147 119 389 218 211 61 32 49 58 73 93 353 19 24 1 54 19 58 64 54 + 1.7 — 0. 6 - 0. 9 -{-39.4 -14.4 115 66 111 122 114 92 95 125 201 S8 110 74 122 100 130 143 117 — 20. S + 5.2 + 113.5 -t-2. 5 + 38. 6 112 73 113 84 121 190 12S 56 85 117 60 209 79 95 128 118 64 88 116 59 220 90 100 138 124 145 82 115 OS 154 90 103 141 117 121 107 84 117 32 72 108 49 71 122 111 36 24 29 62 110 52 73 2 2 63 67 1 104 i) 486 153 23 200 56 118 +110. 7 + 91.7 + 161.5 + 063.4 -47.6 146 93 + 7.3 -3.3 + 8.8 + 11. 1 + 2(5.2 + 1.4 0. 0 CROPS (marketings): Grains— Corn* Wheat* Oats* Barley* Rve* ~ - - - - Rice* - - Total* Vegetables— Potatoes (white)* 277 314 497 Swpet Potatoes* Tomatoes*. . Onions* - - _ _ _ _ Cabbage* - - - Celery* - ~ total* 367 206 - - _ - 282 316 501 254 Cotton products— Cotton* Cottonseed* Total* Miscellaneous crops— Hay* _ - -. Tobacco* Flaxseed* Cane sugar* Total* - -Grand total, crops _- 67 68 132 7 339 39 108 16 106 15 122 123 18 120 80 131 156 267 121 117 2 241 158 185 121 124 13 71 145*-* u 29 244 630 881 124 34 512 306 975 441 90 153 + 955.2 + 299. 6 -30.0 -80.8 + 23. 4 + 14.3 134 4 34 37 96 114 24 150 46 408 86 20 396 575 307 44 131 50 0 235 0 1 0 0 202 87 39 17 35 21 6 19 24 3 21 58 6 67 4 27 60 63 2 51 4 26 56 51 1 51 S 21 73 26 7 23 28 4 38 13 35 148 258 566 810 170 195 46 0 28 0 21 49 50 0 134 7 23 54 56 0 62 13 23 54 6 41 2 24 54 24 54 + 195.2 — 50. 0 + 55. 2 + 12.5 -58. 8 ' 42 46 141 32 1 200 0 0 2 69 1,475 155 21 2 19 ' Fluctuations between maximum and minimum largely due to seasonal variations. 9251—24f -24. 7 -62. 7 13 55 225 276 232 35 55 19 124 26 37 17 7 87 136 2 0 212 519 642 102 4 0 51 42 28 64 30 oooooo Fruits— 655 Apples* 532 Peaches* 235 Citrus fruit* 1,049 Grapes* 799 Pears* _ -_ __-_ 974 Watermelons* __ _ „ 630 Cantaloupes* _ __ Strawberries* _ -_ - „_ 1,925 405 Total* 45 0 2 35 22 4 58 95 70 -ao ! +10. 5 ; 1, -19.0 -50.0 0.0 +100. 0 -19. 2 +30.4 — 26 INDEXES OF BUSINESS—Continued 1921 1923 EXPLANATION Maximum Minimum All index numbers are relative to 1919 as 100, except since Jan. since Jan. 1,1920 1,1920 prices, which are relative to 1913, and unfilled orders, which are relative to 1920 June July April May Juue July Per cent ! increase (+) or decrease (—), July from June PRODUCTION—Continued FOREST PRODUCTS: 133 135 267 151 135 59 51 20 24 61 132 107 232 122 133 122 90 247 111 124 127 134 103 105 126 127 118 216 95 130 115 107 227 96 120 108 82 264 70 111 -6.1 -23.4 + 16.3 +27.1 -7.5 137 126 178 280 207 169 160 145 122 233 126 75 64 40 41 64 41 20 38 29 22 77 112 75 122 262 219 163 159 98 46 57 121 107 94 80 281 205 151 133 75 43 57 119 104 86 131 114 153 106 125 119 67 77 106 112 88 133 184 183 132 145 93 58 50 116 107 84 144 252 213 148 160 104 50 22 121 112 91 155 280 205 140 150 108 1 60 22 126 +4.7 +8.3 +7.6 + 11.1 -3.8 -5.4 +20.0 +3.8 -6.2 0.0 127 138 130 60 42 54 110 114 112 94 101 96 97 96 97 84 79 82 71 67 70 70 73 71 -1.4 + 9.0 + 1.4 Pig iron Steel ingots Locomotives Total 152 149 150 147 34 33 9 32 144 134 104 134 144 126 107 127 127 119 33 115 103 94 50 92 70 67 63 67 -12.5 -8.2 -3.1 -9.5 Lumber Flooring Total 135V 232 59 51 57 132 223 148 122 203 136 126 218 142 127 229 146 80 73 65 74 115 201 131 108 207 126 -6.1 +3.0 -3.8 Sole leather Boots and shoes Total._ 95 130 115 57 81 63 87 102 96 88 92 90 63 98 84 61 91 80 57 81 72 61 78 72 +7.0 -3.7 0.0 121 69 117 110 112 117 105 100 -4.8 Coke Petroleum products Cottonseed oil* Turpentine and rosin*^__ Wood distillation Total 141 183 188 269 118 157 40 96 3 21 21 92 134 153 9 230 97 135 131 .160 8 245 86 139 111 176 38 104 89 141 141 182 28 215 79 154 81 173 15 224 58 137 173 3 264 50 137 77 -4.9 0.0 -80.0 + 17.9 -13.8 0.0 Brick Cement* Total 124 209 139 53 61 69 94 185 132 97 188 135 97 175 129 92 206 139 79 202 130 75 209 131 -5.1 +3.5 +0.8 Copper smelting and refining Zinc smelting and refining Enamel ware Lead Total 126 130 314 167 195 23 38 86 79 71 93 112 212 147 150 95 113 207 139 148 100 118 270 143 176' 103 125 , 255 i 151 174 99 114 223 163 158 98 112 225 162 158 -1.0 -1.8 +0.9 -0.6 0.0 Manufactured and snuff Cigars Cigarettes Total. 50 75 64 70 101 100 132 113 95 100 132 111 93 85 120 100 99 94 144 114 05 _. 119 128 149 125 146 115 97 101 149 119 +2.1 +5.2 +2.1 +3.5 Shipbuilding Automobiles Rubber tires Prepared roofing. Total Grand total, 64 commodities. _ 79 239 221 163 145 133 1 29 20 58 37 68 15 230 149 120 128 126 3 199 99 110 100 114 10 227 173 113 131 118 8 190 165 120 115 113 7 149 145 112 95 100 5 loo 152 125 100 100 -28.6 + 7.4 +4.8 + 11.6 + 5.0 0.0 ELECTBICAL POWER BUILDING CONSTRUCTION "(total)*]] 154 147 98 30 139 99 140 90 146 136 148 124 140 103 142 88 -14.6 Lumber Pulpwood Gum (rosin and turpentine) — Distilled wood Total M ANUF ACTURING: Foodstuffs— Meats Wheat flour Sugar Ice cream Butter Cheese Condensed milk Glucose and starch Oleomargarine Rice Total TextilesCotton (consumption) Wool (consumption) Total Iron and steel— Lumber— Leather— Paper and printing— • Total Chemicals, etc.— Stone, clay, and glass— Metals, excepting iron and steel—} Tobacco— tobacco Miscellaneous— 'Subject to revision. -Fluctuations between maximu^o"minimum largely ^ o ^ o ^ 9Ci + 1.4 27 INDEXES OF BUSINESS—Continued EXPLANATION 1933 Maximum Minimum All index numbers are relative to 1919 as 100, except since Jan. since Jan. prices, which are relative to 1918, and unfilled 1, 1920 1,1920 orders, which are relative to 1920 June July April May June July Per cent increase (+) or decrease (—)f July from June STOCKS (Corrected for seasonal variation) Total :_•- Raw foodstuffs Raw materials for manufacture Manufactured foodstuffs Manufactured commodities 148 233 91 73 115 146 114 134 136 164 143 185 133 157 131 153 -2. 5 189 115 169 89 5S 86 95 88 121 94 87 128 110 86 163 105 86 169 98 87 167 95 87 161 -2. 1 0.0 -3.0 152 232 84 70 103 110 102 93 135 176 129 154 126 137 123 121 -2.4 -11.7 175 115 168 68 56 89 82 86 121 78 94 129 97 73 165 91 74 168 84 87 167 82 100 163 -2.4 4-13.8 -1.2 116 40 77 68 54 47 43 44 +2.3 98 62 84 78 77 76 75 77 4-2.7 117 114 109 95 120 125 64 56 61 65 81 88 83 80 84 108 107 111 94 101 < 125 88 109 71 88 95 65 100 92 88 106 109 51 46 49 52 69 81 78 81 70 107 106 113 92 95 132 88 108 75 106 99 64 106 108 98 110 107 68 73 65 59 68 78 74 80 67 94 115 126 100 101 145 81 85 63 83 92 61 102 105 91 99 111 55 50 62 42 -4.2 -4.3 4-6.4 -4.2 44 -8.3 -11. 5 -11.9 80 76 84 68 92 111 125 98 97 135 73 78 53 72 92 63 95 92 78 96 103 48 52 42 35 66 81 73 79 73 101 106 120 92 92 131 70 78 49 71 S3 64 91 88 83 92 104 73 58 154 158 152 i 72 39 i 40 131 135 147 62 16O 1 62 1 56 177 88 185 1 75 174 1 99 64 1 71 1 45. 153 1 67 43 134 49 86 74 114 90 89 69 331 214 205 185 192 220 17S 84 55 119 109 106 108 72 154 97 183 149 136 176 144 143 82 177 141 128 176 102 178 88 208 145 130 208 178 174 82 211 150 143 189 150 162 75 197 143 131 176 140 163 72 207 151 129 195 111 202 154 80 101 127 122 89 119 132 140 127 134 119 127 91 122 (Unadjusted index) TotaLRaw foodstuffs . Raw materials for manufacture Manufactured foodstuffs Manufactured commodities UNFILLED ORDERS Iron, steel, and building materials Total (8 commodities; 1920= 100) __ WHOLESALE TRADE (Distributed by Federal reserve districts) Grand total, all classes Hardware, total 10 districts New York -Richmond ._~ ~_ Chicago San Francisco Shoes, total 6 districts—.-_ New York -_RichmondChicago.. San Francisco i 115 1 116 i 120 i 125 78 182 199 i 101 198 99 > 103 197 »84 *124 129 i 135 i 117 i 112 i 161 123 i 135 i 119 i 131 i 136 •-•-_ •« Groceries, total 10 districts. New York_Richmond Chicago --~ San Francisco Drugs, total 7 districts New York Richmond *- Chicago.San Francisco Dry goods, total 9 districts_ New York „ — ™. Richmond Chicago San Francisco Meats, total 2 districts 74 + 1.0 46 37 35 54 82 76 77 69 95 111 121 98 94 160 74 84 62 81 94 68 0.0 -18.2 + 1.2 + 4.1 -2.5 -5.5 -6.9 +4.7 +0.8 +6.5 +2.2 +22,1 +5.7 + 7.7 +26.5 + 14 1 + 13.3 +6.3 RETAIL TRADE (Value) MAIL-ORDER HOUSES (4 houses) CHAIN STORES: Ten-cent (5 chains) Music (4 chains) Grocery (28 chains) Drug (10 chains) Cigar (3 chains)-Candy (4 chains) Shoe (6 chains) — DEPARTMENT STORES: Sales (333 stores) Stocks (286 stores) -— ... „ — "~! ,„ 'Moxixcu* and minimum BumtMy indexes for the ^ S ^ S ^ T thefluctuationsin the group totals which cover the period since January, ltfau. 7~ -22.5 +0.6 -4.0 + 5.1 + 5.6 -1.5 + 10.8 -20.7 | , -23.5 -3.9 IZTcriP* hPffinnfaTi! Januarv, 1921, and nonce are not to be compared with .28 INDEXES OF BUSINESS—Continued EXPLANATION Minimum All index numbers are relative to 1919 as 100, except Maximum Jan. since Jan. prices, which are relative to 1913, and unfilled since 1,1920 1,1920 orders, which are relative to 1920 1924 1923 June July April May June July Per cent increase (+) or decrease {-), July from June PRICE INDEX NUMBERS FARM PRICES (Eel. to 1909-14): 235 283 373 186 215 304 180 110 88 114 91 111 76 80 133 119 161 103 135 207 107 130 112 165 105 133 199 99 128 113 128 106 114 226 98 127 114 132 107 111 222 94 128 116 146 105 111 219 95 130 130 142 103 111 215 101 + 1.6 + 12.1 -2.7 -1.9 0.0 -1.8 + 6.3 Farm products. 243 Food, etc ! 248 Cloths and clothing. i 346 Fuel and lighting 281 Metals and metal products. 203 Building material.-i 300 Chemicals 213 House-furnishing goods.- _ 275 Miscellaneous 208 248 All commodities 114 131 171 178 138 142 198 186 135 141 193 183 139 137 189 179 136 137 187 177 134 136 188 175 141 139 188 173 + 5.2 + 2.2 0.0 -1.1 109 155 121 173 114 138 148 194 131 187 123 153 145 190 129 187 121 151 139 182 128 175 113 148 134 180 127 173 112 147 132 173 127 172 111 145 130 169 127 171 112 147 -1.5 -2.3 0.0 249 311 218 375 272 244 249 247 135 122 103 152 168 118 146 138 158 165 119 215 184 144 155 153 153 154 120 209 179 141 154 151 154 166 119 195 174 135 151 148 152 168 115 195 171 133 150 147 147 165 109 1.82 168 130 151 145 152 176 114 175 167 130 153 147 + 3.4 + 6.7 + 4.6 -3.8 -0.6 0.0 + 1.3 + 1.4 All groups Grain Fruits and vegetables Meat animals Dairy and poultry Cotton and cottonseed Unclassified WHOLESALE PRICES (ReL to 1913): Department of Labor— Federal Reserve Board (Depart- ment of Labor prices)— Total raw products Agricultural products Animal products Forest products ,_ Mineral products .1 Producers' goods Consumers' goods All commodities Federal Reserve Board Index- ™0.6 + 0.9 + 1.4 Goods imported Goods exported... All commodities Dun's (1st of following mo.)... Bradstreet's (1st of following month) .__ 246 272 267 218 102 125 142 134 148 182 164 156 141 170 159 154 140 182 158 153 133 183 156 152 129 179 154 153 132 180 156 155 + 2.3 + 0.6 + 1.3 + 1.3 227 115 142 139 136 133 133 137 RETAIL PRICES, FOOD (Rel. to 1913) 219 139 144 147 141 141 142 143 +3. 0 +0.7 139 143 153 149 171 155 144 172 169 178 173 160 147 175 170 176 173 162 141 185 177 168 174 162 141 185 176 165 174 161 142 185 174 165 174 162 143 186 171 166 173 162 154 155 163 159 160 171 157 155 168 165 172 181 164 168 177 163 168 174 163 173 174 306 283 504 152 160 409 394 568 160 180 407 396 566 157 175 450 428 579 156 181 459 428 571 151 178 465 442 566 149 173 481 438 567 148 171 263 279 236 218 l 162 143 146 170 167 153 178 175 166 151 180 170 164 143 166 174 163 143 165 176 163 145 163 176 164 147 321 313 183 171 198 186 192 183 207 201 205 200 199 189 COST OF LIVING, National Indus- trial Conference Board (Rel. to 1914) : Food 219 Shelter 185 Clothing. __ 288 Fuel and light 200 Sundries 192 All items weighted 205 FOREIGN WHOLESALE PRICES: United Kingdom— British Board Trade 333 London Economist 310 U.S. Fed. Res. Bd 340 France— Gen. Stat. Bureau 588 U. S. Fed. Res. Bd 537 Italy (Bachi) . 670 Sweden 366 Switzerland 326 Canada— Canadian Dept. Labor U. S. Fed. Res. Bd Australia India (Calcutta) Japan— Bank of Japan U. S. Fed. Res. Bd__~.~ 1 January, 1920; no other figures for 1920 available. 2 Since January, 1921. + 0.7 + 0.5 — 1.7 +0.6 -0.6 0.0 0.0 + 3.0 0.0 +3.4 -0.9 +0.2 -0.7 -1.2 +0.6 -2.0 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 relative numbers for the last four months and for two corresponding months of a year ago. In many lines thefiguresdo 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: June, 1924.—This column gives the June figures corresponding to those for July shown in the next column—in other words, cover the previous month. ' 'July, 1924.—In this column are given the figures covering the month of July or, as in the case of stocks, etc., the situation on July 31 or August 1. . . , , . . Corresponding month, June, 1928, or July, 1928.—The figures in this column present the situation exactly a year previous to those in the "July, 1924," column (that is, generally July, 1923), but where nofiguresare available for July, 1924, the June, 1923, figures have been inserted in this column for comparison with the June, 1924, figures. Cumulative total from January 1 through latest month.—These columns set forth, for those items that properly can be cumulated, the cumulative totals for the seven months ending July, 1923 and 1924, respectively, except where the July, 1924, figures are lacking, in which case the cumulative totals for the first six months of 1923 and 1924 are given. Percentage increase (+) or decrease (-) cumulative, 1924 from 1923.—This column shows the per cent by which the cumulated total for the seven months ending July, 1924, is greater (+) or less (-) than the total for the corresponding period ended Base yelr 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 year by relative numbers. The period taken for each item, called the base, is the monthly average of t t y e a r or periodystated in this column. Wherever possible, the year 1913 is taken as a base and if "<> Pre-wai-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 ere 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 * therefore some more representative year has been chosen. . ., * * \ Relative numbers.—In order to visualize the trend of eachmovement, — . __ . relative numbers (see explanation on inside front cover) are given for the last four months and for two corresponding months of a year ago by allowing the monthly average for the base period, usually 1913 or 191Mo ^ - - ---• h rclative mimber month last year. RELATIVE NUMBERS Per cent increase (4*) or decrease (—) (+) Corresponding month, - June or July, 1923 CUMULATIVE TOTAL FKOM JANUARY 1 THROUGH LATEST MONTH or decrease (-) cumulative 1924 from 1923 BASE TEAR OB PERIOD + 26.7 1924 1923 June July | Apr. ' i many cases August figures are now available and may be found in the special table on page 23 Per ct. increase N U M E R I C A L DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, m a y be found in the August quarterly issue of the SURVEY ( N O . 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p . 1 a 25,918 2,207 28,125 16,397 35,864 3,577 37,441 6,061 26,081 7,762 33,843 13,422 88,970 253,446 342,416 344,901 112,737 75,010 187,747 182,162 - 70.0 - 45.2 - 47.2 1913 1913 1913 1913 74 132 90 233 84 145 101 150 30,972 33,778 46,347 399,212 297,726 - 25.4 1921 101 83 9.1 - 27.1 95 82 99 97 5.6 - 27.4 11.2 - 31.3 1923 TEXTILES Wool Receipts at Boston: Domestic _ thous. of lbs. foreign thous. of lbs. .Total thous. of lbs_ "nports, u n m a n u f a c t u r e d thous. of lbs. Consumption b y t e x t i ] e m i ] ] s grease equivalent. . . . t h o u s . of l b s . Machinery activity hourly: ^ooms, wide per ct. of hours active. ijOoms, narrow per et. of hours active. Looms, carpet and r u g . . p e r ct. of hours active. sets of c a r d s . . . per ct. of hours active. ^ombs.......^ p e r c t . of hours active. spinning spindles— Woolen per ct. of hours active. Worsted per ct. of hours active. ne ry spindles.. j activity...per (percentage ct. of active of total): to total.. »V orsted spindles.. per ct. of active to total>vide looms per ct. of active to total.. harrow looms...per ct. of active to total., looms es^* - — P e r c t - o f a c t i v e t 0 total.. W t Ohio, Pi blood, unwashed.. ...dolls, per lb._ «aw, territory fine, • \vSc°Vrd S dyarn..._ dolls: per U x . _ \Vorsted yarn..._ _ dolls, per lb_. vvool, dress goods vvool d d d o l l s , per y d . . Men's suitings.. ...dolls, per yd.. 38.4 28.5 33,1 63.0 + + - 37.5 79.7 10.6 54.8 61.6 56.7 58.4 50.2 80.7 73.8 1921 1921 48.9 84.5 52.6 51.6 76.8 53.4 74.1 94.2 97.2 1921 1921 1921 125 127 87 105 125 69 79.0 48.1 71.5 44.1 90.3 89.7 1921 1921 123 82 115 69 1913 106 103 - 5.0 - 14.3 1913 1913 1913 1913 97 96 108 109 - 5.1 5.6 0.0 6.4 .51 1913 212 196 0.0 - 13.7 1913 1913 1913 1913 239 212 184 239 1.6 - 9.7 3.1 - 13.9 0.0 0.0 0.0 - 2.4 .44 .44 1.28 1.600 1.035 3.600 1.30 1.550 1.035 3.600 1.44 1.800 1.035 3.690 220 13,641 254 6,597 292 6,356 + 6.3 - 2 9 . 9 9.3 - 18.9 1.7 - 45.1 10.0 - 21.4 8.5 - 50.9 88 93 107 96 + 233 212 184 239 - 39.8 24.3 12.3 20.6 Cotton 2,982 305,260 3,471 222,907 + 16.4 - 27.0 1913 U913 34 199 34 79 171,469 1,957,975 211, 533 230,979 462,654 4,003,423 350,277 346,671 Twelve m o n t h s ' average, J u l y to June, inclusive, ending the year indicated. 2,450,210 3,159,055 +25.1 -21.1 U913 1913 44 103 45 89 sight - ^manufactured m a f t d 1 thous - ° f bales bates. .bales. _ 32 75 29 75 + 15.5 | - 13.0 - 51.6 | + 3.8 -8.4 -1.0 +23.4 -25.0 30 TREND OF BUSINESS MOVEMENTS—Continued. in many cases August figures are now available and may be found in the special table on page 23 TEXTILES-Continued Cotton—Continued Stocks, end of month: Total at mills and warehouses thous. of bales. Mills thous. of bales.. Warehouses thous. of bales.. World visible, American thous. of bales-. Cotton finishing: Orders received; gray yardageWhite goods thous. of yds. Dyed goods thous. of yds.. Printed goods thous. of yds.. Total thous. of yds.. Billing, finished goods (as produced)— White goods thous. of yds Dyed goods thous. of yds.., Printed goods thous. of yds. Total thous. of yds. Shipments, finished goodsWhite goods cases. Dyed goods cases. Printed goods cases. Total cases. Stocks, finished goodsWhite goods Dyed goods Printed goods cases. Total ....cases. Operating capacity per ct. of capacity. Machinery activity of spindles: Active spindles thousands. Total activity millions of hours. Activity per spindle hours. Per cent of capacity _ per cent. Manufactured goods: Cotton cloth exports thous. of sq. yds. Fabric consumption by tire manufacturers thous. of lbs. Elastic webbing sales thous. of yds. Fine cotton goods: Production pieces. Sales pieces. Prices: Raw cotton to producer'_...dolls, per lb. Raw cotton, New York dolls, per lb. Cotton yarn dolls, perlb. Print cloth dolls, per yd. Sheeting _ dolls, per yd., Fall River mill dividends (quarterly): & Total thous. of dolls.. Ratio to capitalization per cent.. Per ct. Increase N U M E R I C A L DATA NOTE.—Data on the following items for the period January, 1022, to June, 1924, may be found in the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 Corresponding month June or July, 1924 cumulative RELATIVE NUMBERS BASE TEAR OR PERIOD 1,833 951 882 1,394 720 674 2,033 1,094 1913 1913 1913 1,223 933 865 1913 26,445 22,561 5,930 59,514 23,484 26,231 5,581 61,451 24,154 6,852 55,955 -23.7 +7.9 +26.5 +12.6 -8.3 -14.0 -13.5 +6.3 2 1921 +6.4 -3.2 2 1921 21921 »1921 U921 -2.0 -16.7 -7.7 -9.9 -2.3 -26.0 -23.4 -17.8 -0.1 -21.9 -29.6 -16.2 21921 »1921 3 1921 21921 +21.4 -8.2 -18.7 +22.7 +1.3 -26.0 -5.2 -5.2 -15.8 -9.5 -2.8 -2.2 11,745 6,977 1,243 33,397 14,254 6,407 1,011 33,514 11,616 6,324 1,366 35,361 114,174 70,692 15,166 353.918 114,116 55,216 10,671 296,732 10,764 8,069 2,522 10,207 6,797 2,282 42,378 45 10,209 7,786 3,108 50,279 51 U921 U921 2 1921 U921 U921 29,216 5,336 141 64.6 28,710 5,158 1913 1922 1922 60.6 34,244 7,136 191 87.3 39,349 37,390 30,288 270,959 241,978 10,067 8,620 9,424 10,999 78,746 104,176 284,726 215,566 293,015 464,194 .378,326 222,122 .278 .300 .474 .068 .108 .273 .317 .471 .068 .10S .235 .259 .437 .066 .117 '604,764 45,948 -31.4 -34.2 -28.2 -12.6 -21.6 -42.2 -21.5 239,608 269,320 96,687 691.917 567,358 13,281 -23.9 -24.3 -23.6 a 1921 a 1921 24,208 30,088 8,022 70,931 678 1.575 July. 1924. from July, 1923 -12.8 -21.2 -37.0 -21.4 23,652 22,261 6,145 835 1.898 40 July from June 199,248 213,907 53,072 510,477 24,126 26,723 6,660 64,761 742 1924 228,573 271,498 84,236 649,556 209,453 211,110 55,859 543,080 136 1923 Percent increase (+) or decrease (-) 1924 from 1923 1033 July June CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH (+) or de- +0.4 67 0.0 —12.7 -26.6 -15.7 -11.8 -1.7 —3.3 -3.5 -6.2 -16.2 -27.7 -28.8 -30.6 U913 -5.0 +23.4 79,206 74,121 -10.7 +0.6 -28.9 1921 1919 -2.8 +9.3 +43.2 3lt3 3,050,113 2,418,076 2,264,722 1,675,825 -20.7 -26.0 1919 1919 74 1913 1913 1913 1913 1913 1913 1913 +2.9 , - 2 2 . * +115.3 1+100.0 -1.8 +5.7 -0.6 0.0 0.0 +16.2 +12.5 +12.4 +23.2 +6.0 -65.8 -6,2 +8.5 -34.3 a? Clothing Men's and boys' garments cut: Men's suits, wool number.. »535,057 Men's suits, other _ number.. 38,859 Men's separate trousers, wool n u m b e r - 419,339 Men's separate trousers, other number,. 232,575 Men's overcoats . . n u m b e r . . 263,637 Boys' suits and separate pants _ number,- 476,250 Boys' overcoats and reefers number.. 72,332 Work clothing: Cut dozens__ 107,122 Sales dozens- 123,995 Cancellations dozens. 2,383 Stocks, end of month dozens. 265,685 Raw Silk Imports _ thous. oflbs— 3,616 Deliveries (consumption) _ bales 23,164 Stocks, end of month bales.. 24,843 Price, Japanese, New York dolls, p e r l b . . 4.998 Burlap and Fiber Imports: Burlap thous. oflbs._ Fiber (unmanufactured) long tons.. Pyroxylin Coated Textiles Pyroxylin spread Shipments billed: Light goods tbous. of lbs.. ..linear yds.- 455,028 275,023 301,202 366,466 347,217 +18.3 -25.0 +14.2 -13.3 457,891 82,055 640,741 60,222 -3.9 +13.4 -2S.5 3 108,287 118,417 1,214 240,188 139,228 119,678 4,935 210,552 +1.1 -4.5 -49.1 -9.6 -22.2 -1.1 -75.4 +141 4,572 30,952 23,213 5.390 28,573 22,914 7.154 223,525 29,142 197,645 19.7 11.6 41,817 23,498 34,728 27,781 43,950 20,055 368,006 200,034 362,404 183,333 -1.5 -8.3 1,471 1,602 1,917 613,506 654,036 479,972 745,274 514,061 ,245,256 317,046 771,802 278,314 849,835 408,054 ,511,890 1913 *1920 1920 1913 1909-13 1909-13 +26.4 +33.6 -&6 +7.8 -17.0 -2L0 +18.2 +3S.5 +8.0 -21.8 +13.9 endin S Ju « e 30, > September 30, 1924, and September 30,1923, appear in the columns designated June, 1924, July, 1924, , inclusive. m S r c ^ v e m e reported as of the ist °f the •*»*• - 6 -5 -4ft* -12.2 -31.8 +10.1 -43.8 • Revised. pec?ivdy eQdS fOr t h ° q u a r t e r s 1 Eleven months* i and Jul^ 31 TREND OF BUSINESS MOVEMENTS-Continued NUMERICAL DATA NOTE —Data on t h e following i t e m s for t h e period January, 1922, t o J u n e , 1924, m a y b e found in t h e August q u a r t e r l y issue of t h e SURVEY ( N O . 36). Detailed t a b u l a t i o n s of several new items a p p e a r a t t h e e n d of this issue. See Contents, p . 1 In many cases August figures are now available and may be found in the special table on page 23 1924 Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH Per ct. increase <"# orde- ; creusc \ (-) ' cumu- j lative t 1924 from 1923 i RELATIVE NUMBERS DASE YEAR OR TEKIOD Per cent increase (-f) or d e a euso ( - ) im July from July, JU24, from July, 1923 4*19. fl +22.5 +H.4 -13.fi + 14.W + 14.0 + 10.1 -fAO June June July 26,410 21,102 5,308 2,793 31,596 25,842 5,754 2,415 27,503 22,647 4,957 5,747 38,408 28,699 -25.3 7,890 7,501 10,094 25,398 22,196 -12.6 1913 -4.9 7,584 7,280 10,411 26,597 22,041 -17.1 1913 -4.0 -30.1 5,421 2,009 2,026 5,431 1,953 1,785 7,682 2,428 3,678 19,119 5,899 24,520 15,254 5,914 19,199 -20.2 +0.3 -21.7 1913 1913 1913 Ill 119 -0.2 -2.H -11.9 -29.3 -19.fi -61.6 164 65,200 1913 1913 120 111 146 136 -12.2 -16.1 -61.7 -61.5 313 391 268 763 144 55,350 267 274 267 791 -14.7 -2V.9 -0.4 +3.7 -CO, 9 +26.1 -31.9 -8.9 "1,054 215 1,053 210 626 129 1914 1921 0.0 -2.3 +«8.2 +62. H 21.51 19.63 21.20 20.76 19.00 20.11 27.27 25.10 26.98 1913 1913 1913 -3.6 -3.2 -5.1 -23.9 -24.3 -25,5 20,251 72.00 24,586 14,583 18,658 62.50 25,414 14,681 25,183 85.32 28,354 10,950 1922 1922 1922 1922 -7.9 -12.9 +3.4 +0.7 - 2 f t . t> 29,954 33,766 19,985 32.1 27,061 31,464 26,908 28.9 64,433 55,922 39,131 57.4 1923 5 2 METALS Iron Ore and Fig Iron Iron ore: StocksTotal __ thous. of tons. At furnaces _„ thous. of tons_ On Lake Erie docks thous. of tons_ Consumption ..thous. of tons. Shipments from minesThrough Sault Ste. Marie thous. of short tons. Through upper lake ports thous. of short tons. ReceiptsLake Erie ports and furnaces ...thous. of long tons. , Other ports thous. of long tons. Pig iron production thous. of long tons. Furnaces in blast: Furnaces number. Capacity .....long tons per day. Merchant pig iron: Production thous. of long tons. Sales thous. of long tons.. Shipments _>thous. of long tons.. Unfilled orders thous. oflong tons.. Stock, merchant furnaces thous. oflong tons.. ....Stock, steel plants thous. oflong tons.. wholesale prices; Foundry No. 2, Northern dolls, per long ton.. Basic valley furnace...dolls, per long ton., Composite pig iron dolls, per long ton.. Ohio gray-iron foundries: Meltings _ long tons.. Meltings per cent of normal.. Stocks _ long tons-. Receipts _„.. long tons-. Malleable castings: Production tons-. Shipments tons.. r Orders booked —tons.. operating activity per ct. of capacity.. Crude Steel Steel ingots, production...thous. of long tons.. Steel castings: Total bookings short tons.. Hallway specialties short tons.. ceUaneous bookings short tons.. 1 T t ,^r^ Unfilled orders, U. S. Steel Corp., end of month .thous. of long tons,. "Ports (comparable).....thous. oflong tons.. sports (total) thous. of long tons.. Shorts-. thous. oflong tons.. eets, blue, black, and galvanized: production (actual) . „ „ s h o r t tons,. production per ct. of capacity.. ompments short tons.. Sffcf--u nfliied orders StocksTotal order?„_,.„ 544 219 392 868 153,066 151,953 -0.7 123,684 110,314 -10.8 26,868 21,518 -19.9 3,187 110 139 25 5,911 141 170 52 924 1,162 560 920 1,132 269 -0.4 -1.7 -52.0 174,910 1.086,070 1,497,662 69.6 192,262 1,710,361 1,465,668 92,358 1,522,735 I 1,229,431 404,868 38.00 40.61 2.84 2.61 2.30 38.00 39.78 2.81 2.56 2.20 145 134 11 140 130 10 239 211 28 631 462 69 433 483 416 67 1,738 1,652 86 1,450 295,050 288,563 613,001 215,438 277,342 430,694 144 I 120 60 I 30 U S 119 -10.0 3,263 118 165 53 70,798 39, G21 1914 1914 1914 1914 116 +316 -34.8 -28.7 -40.0 128,241 45,776 130 147 144 144 -as 435,502 217,970 217,632 114,807 -40.9 141,176 1919 | 75 •1919 82 1913 i GO 6 1919 145 -U.7 668,153 305,576 362,677 short tons.. dollars.dollars.. dollars.. • Revised, -24.7 -27.4 -19.9 54,316 17,390 36,926 246,810 - 2,748 2,070 2,613 37,339 15,761 21,578 short tons-. short tons.. number 3,650 2,850 3,263 48,718 26,170 22,648 144,291 48.7 151,255 135,998 203,440 unsold .short tons.. -Sale prices: Steel billets, Bessemer-dolls, per long ton.. jron and steel.... dolls, per long ton.. Composite steel..._ dolls, per 100 lbs.. Composite finished steeLdolls. per 100 lbs., structural steel beamsl-dolls. per 100 lbs.. Iron and Steel Products motives: Shipments— Total number.. Domestic number.. _ number.. TT Foreign Unfilled orders™al number.. gomestic. number.. l?rejgn number.. %SSdomestic 114,200 3,631 2,056 5 -11.2 -14.3 -19.3 1,644 l f 543 101 82,035 851 787 64 74,735 -47,1 74 CO 81 -31.3 -9.4 -41.6 71 46 79 165 54 \b S3 90 -2.3 -6,8 -fiZ8 -46.1 -22.0 -18.2 -51.9 130 127 i 109 no ! 112 i| 137 135 t 66 i 130 123 I 59 j! 53 73 I 130 126 j| 83 531 574 !i 876 !| ii 165 I 177 165 j | 155 !i 176 I' 16S lG'J 84 67 88 97 29 +25.7 -17.5 + 19.fi -30.2 +7.1 -21.3 + 25.1 +47.3 -17.fi -40. H i 1013 1913 1913 1913 1913 80 115 I 63 775 j 819 | 7U9 -44.8 -13.4 -49.8 +23. H ! 147 ! | 154 I 165 157 151 0.0 -2.0 -1.1 -1.9 -4.3 -10. G -12.4 -7.3 -7.9 -12.0 149 157 166 159 157 147 151 163 154 ! 146 -48.2 -49.0 : -36.6 1913 ! 76 1920 ll 201 1920 }j 12 36 i 47 46! 85 I 122 118 li U li 20 12 -8.9 1920 i U S 1920 207 24 1920 17 1913 49 40 66 52 13 I 16 5 ' 4 1922 355,778 3,160,8S3 2,402,709 -24.0 1922 442,981 2,904,201 2,389,856 -17.7 1922 610,344 5 Twelve months' average, June, 1919, -49.7 -9.1 149 | 140 I 1913 175 I 108 1913 183 73 1913 168 I 138 108 ! 100 jj 1913 1913 | 69 103 1922 j 250 1913 1920 1920 141,130 L 32,062 ].. 42.50 45.39 3.03 2,78 2.50 -60.3 -43.7 -31.2 -23.4 -39. b -4.3 1913 1920 1920 1920 1920 1920 -30.7 -10.4 +34.1 j 160 I 156 I 192 165 1' 141 to May, 1920. 36 47 16 8 -3.4 -3.0 -9.1 ii - 9 . 0 ii -10.0 i -2.9 +102.3 -41.4 -38.4 -64.3 -72.2 -74.8 -22.1 -38.9 78 -27.0 I - 3 9 . 4 107 112 , 108 ji - 3 . 9 }| - 3 7 . 4 139 i 111 li -19.0 - 3 2 . 7 32 TREND OF BUSINESS MOVEMENTS—Continued Per ct. [increase NUMERICAL DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY (No. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 1924 In many cases August figures are now available and may be found in the special table on page 23 June July 22,951 15,724 18,070 10,484 Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH (+) or de- RELATIVE NUMBERS Percent increase (+) or decrease (-) crease (-) cumulative 1924 from1923 BASK YEAR OR PERIOD -21.3 +27.6 1916 1916 1910 +2.5 +0.6 1,237,600 || +0.2 1913 1913 +6.1 +6.1 +6.5 +6.5 -12.2 +40.0 +40.0 1923 1921 179,273 71,376 141,015 91,111 1923 1921 July from July, 1924, from July, 1923 METALS-Continued I r o n a n d Steel Products—Continued Vessel construction: Completed during m o n t h Total gross tons. Steel seagoing gross tons. Building or under contract, end of m o Merchant vessels.thous. of gross tons. Structural steel, fabricated: Sales (prorated) short tons. Sales J per ct. of capacity. Shipments (prorated) short tons. Shipments per ct. of capacity. Steel furniture, shipments thous. of dolls. 161 165 171,600 «G6 200,200 a 77 182,000 »70 213,200 »82 1,116 9,960 93 164 1 130,000 1,235,000 1,248 i6,"655 10,409 +3.5 1919 -21.3 +81.4 -33.3 +1,027 154 | 137 183 166 140 123 -10.6 I Machinery Stokers: Sales. -. number. Sales—. horsepower. Steam, power, and centrifugal pumps: New orders.. thous. of dolls. Shipments.. thous. of dolls. Unfilled orders thous. of dolls. Patents issued: Total, all classes ...number. Agricultural implements. ..number. Internal-combustion engines number. Washing-machine sales: Total I number. T Electric number. Gas and power number. Waterpower number. Hand. number. 102 35,549 115 37,759 129 52,518 1,006 1,315 2,369 1,015 1,065 2,269 1,384 1,765 5,987 12,105 10,410 3,346 45 42 4,137 62 85 3,421 50 61 660 ; - 3 5 . 2 1,019 ; 516,933 I 318,896 j - 3 8 . 3 1919 1919 +12.7 +6.2 -10.9 -28.1 8,065 8,373 -33.4 -19.6 1919 1919 1919 +0.9 -19.0 -4.2 -26.7 -39.7 -62.1 23,420 375 403 24,465 339 371 +4.5 -9.6 -7.9 1913 1913 1913 «45,168 "1,617 2657 c 6,907 367,234 274, 248 12,253 15,110 66,128 300,279 8,104 8,755 42,639 -2.1 +9.5 -33.9 -42.1 -35.5 1920 1920 1920 1920 1920 570 182 83 1,093 81 9 73,057 1,671 1,850 77,827 1,185 829 +6.5 -29.1 -55.2 129,486 78,040 .124 126,142 63,167 .144 831,780 438,311 915,056 624,618 +10.0 +42.5 1913 1913 1913 307,400 345,306 227,701 421,819 3,745,844 4,220,201 2,613,955 2,824,949 -30.2 -33.1 1923 1923 -18.0 125,914 118,855 751 94,381 100,755 815 1,526,940 1,581,690 4,068 1,657,730 1,485,210 3,700 +8.6 -6.1 -9.0 1923 1923 1922 +11.0 +33.4 +18.9 +18.0 +0.5 -7.9 71,827 85,826 105,410 15,036 18,629 .062 82,075 86,130 42,480 27,628 25,838 ,064 602,580 635,218 546,867 640,774 -9.2 164,983 136,113 144,665 140,119 1913 1913 1913 1913 1913 1913 9,167 427 5,059 20,161 3,930 10,826 462 2,037 20,019 5,305 12,616 386 11,983 7,781 .071 S, 516 5,836 .071 30,447 1,514 32,284 1,631 53,031 44,494 1,251 1,183 6,193 +23.6 +20.9 +37.8 +24.0 1+102.4 +39.3 Domestic Orders for Railway Kqulpmen Railway Age—prorated Freight cars Passenger cars number. number. Locomotives number. 414 38 1 NONFKRROUS METALS Copper a n d Brass -127,506 Copper: 92,740 Production thous. of lbs. .124 Exports thous. of lbs. Wholesale price, electrolytic.dolls per 1b. 283,996 Brass faucets: 421,115 Orders received number of pieces. Orders shipped _ _ number of pieces. 113,426 Tubular plumbing sales: 99,982 Quantity number of pieces. 747 Value ....dollars. Lightning rods, shipments thous. of ft. Zinc Retorts in operation, end of mouth..number 75,155 Production ..thous. of lbs. 86,884 Stocks end of month. _ thous. of lbs. 99,3.68 Receipts, St. Louis ', thous. of lbs" 14,544 Shipments, St. Louis ...thous. of lbs 17,013 Price, slab, prime western dolls, per lb. .062 x +0.9-12.3 +2.9 +1.6 -15.9 0.0 +2.7 +23.5 -13.9 +8.2 +35.0 -4.4 -18.1 -12.5 -1.2 -a4 +6.1 +148.1 +3.4 1 -45.6 +9.5 - 2 7 . 0.0 - 3 . 1 Tin Stocks, end of month: United States World visible supply Deliveries (consumption) Imports _ Wholesale price, pig tin ..long tons.. ...long tons.. long tons thous. of lbs.. dolls, per lb_. 4,067 20,094 4,310 1913 1913 1913 1913 1913 42,969 95,615 39,370 95,509 -8.4 -0.1 7,083 5,630 .064 80,275 43,298 84,727 58,729 +5.5 +35.6 1921 1913 1913 1913 45,126 2,278 318,396 11,449 -18.4 -23.7 1913 1909-13 +24.4 +148.4 +0.3 T +a7 ^8.8 -25.9 +18.1 -14.2 +8.2 +19.7 224 154 207 239 111 Lead Production _index number. Receipts, St. Louis thous. of l b s . Shipments, St. Louis _„_thous. of l b s . Wholesale price, pig, desilverized.dolls. per lb_ - 0 . 6 +16.8 -28 9 +20t2 -25.0 +3.7 0.0 +10.9 161 FUELS Coal a n d Coke Bituminous: Production '..thous. of short tons ETnnrt* ..thous. of long tons. Mine average, spot_ dolls, per short t o n . Wholesale, Kanawha, f. o. b. Cincinnati dolls, per short t o n . Betail, Chicago..dolls, per short t o n . 2.03 1 3.39 7.85 Revised. 3.39 7.85 259,919 8,741 149 2.38 1913 207 3.89 8.81 1913 1913 188 184 June, 1923. +6.0 +7.7 ,28.4 -2.5 0.0 0.0 -16.3 33 TREND OF BUSINESS MOVEMENTS—Continued RELATIVE N U M B E R S ! Incrrnst! (-f) or decrease {—) ( 1921 June July Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH 1923 V or de- crease (-) cumu* lative 1924 from 1923 BASE YEAR OR PERIOD I July. 1923 j July JL h*3 •-i 1 Apr. J In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase N U M E R I C A L DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found In the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p . 1 - .... I front t* i June 3 from July, 1023 FUELS—Continued Coal a n d Coke—Continued Anthracite: Production thous. of short tons. Stocks, distrib. points-thous. of long tons. Exports -thous, of long tonsPrices— Wholesale, chestnut New York dolls, per long tonRetail, chestnut New York dolls, per short ton. Coke: Production, beehive.thous. of short tons. Production; by product thous. of short tons. Exports thous. of long tons., Price, furnace, Connellsville dolls, per short ton. 7,704 2,677 349 9 7,782 3.198 290 8,320 898 455 2,828 53,701 -9.7 2,052 -27.T 1913 1921 1909-13 114 20 145 109 34 158 11.16 11.28 10.62 1913 ; 200 200 13.63 13.70 13.83 1913 555 466 1,581 11,641 6,569 -43.6 2,416 4S 2,352 49 3,267 60 22,133 736 19,871 403 -10.2 -45.2 3.23 2.96 •4.72 1913 i 196 19S 89 70 85 102 ' 101 j ioo 05 i 121 +1.0 -flD.5 -10.0 207 208 210 212 +1.1 104 107 +0.5 -0. A -30.' ;j +0.2 -0.9 56 39 27 -1G.0 -70.5 1913 299 303 S3 82 1909-13 2S4 C2 204 55 -2.0 +2.1 -28.0 -18.3 -8.4 -37.3 +3.1 +1.2 +2.0 + 1.4 + 18.1 +20.5 03 1913 213 103 155 140 132 121 Petroleum Crude petroleum: Petroleum thous. of bbls,. Stocks, end of month— Total (comparable) thous. of bbls.. Days'supply numberTank farms and pipe lines thous. of bbls.. Refineries thous. of bbls,. Imports thous. of bbls.. ConsumptionTotal thous. of bbls.. Run to stills thous. of bbls.. Shipments from Mexico..-thous. of bbls.. Price, Kansas-Oklahoma__,dolls. per bbL. Oil wells completed,.—,.number.. Gasoline: Production.^ thous. of gals.. Exports . . . . t h o u s . of gals.. Domestic consumption thous. of gals_. Stocks, end of m o n t h . . . . . . . t h o u s . of gals.. , Price, motor, New York....dolls. per gal., Kerosene oil; Production. thous. of gals.. Domestic consumption thous. of gals.. Stocks thous. of gals.. _. Price, 150° water white dolls, per gal.. Gas and fuel oil: Production. thous. of gals.. Domestic consumption thous. of gals.. Stocks thous. of gals., Price, Pa., 36*40 at refln dolls, per galLubricating oil: Production thous. of gals., Domestic consumption. thous. of gals., Stocks. thous, of galsPrice, Pa., 600° fi]., " D " at refineries dolls, per gal., a 59,292 61,143 0 65,925 0356,360 171 360,485 176 305,182 a 146 351,218 40,500 6,660 356,240 39,970 6,502 209,368 33,581 6,015 a 59,943 52,436 a 10,910 1,550 a 1,521 61,215 52,877 10,885 1,550 1,593 0 62,057 50,920 12,119 1,450 1,733 737,031 741,975 110,164 86,246 686,674 794,031 ,598,858 1,466,559 .200 .195 636,912 80,693 674,019 , 165,389 .213 194,201 105,548 301,157 .215 403,239 413,159 +1.2 1913 304 318 287 208 1013 1919 2S3 291 130 120 331 334 140 144 1919 1913 212 404 223 4GC 1913 1913 1913 1913 1913 253 159 553 155 115 285 109 601 155 109 402 2S3 2SG 183 182 G2G 677 ISO 180 00 104 193 230 221 207 128 193 203 235 247 126 229 236 373 307 212 235 344 3-19 119 119 235 281 277 310 110 2ns 271 408 43S -1.3 -2.4 281 170 6M 160 100 +2.1 +0.8 -0.2 0.0 47,087 49,257 +4.6 399,170 329,894 84,398 419,977 309t 137 82,819 +5.2 +11.9 -1.9 10,505 8,966 -14.7 4,347,470 481,878 3,659,297 5,129,334 671,801 4,124,265 +18.0 +39.4 +12.7 1919 1919 1919 1919 1913 188,226 123,257 269,460 .205 1,321,949 866,608 1,395,153 854,626 +5.5 -1.4 1919 1919 1919 1919 02 106 88 105 06 106 00 103 104 134 00 107 102 01 101 103 100 01 100 103 +2.7 •, 106,712 1,102,786 1,053,243 901,770 946,508 1,016,598 ,618,564 1,603,643 1,400,814 .050 .056 6,829,875 6,335,518 7,684,924 7,036,207 +12.5 +11.1 1919 1919 1919 1910 153 143 170 100 166 157 180 96 176 182 173 186 107 200 112 112 174 177 200 +7.4 65,348 245,626 03,961 71,030 224,952 641,064 435,506 1919 1919 1919 136 123 139 133 149 139 137 129 155 .298 .225 1910 64 62 84 262,876 237,652 25,224 0328,105 «297,413 a30,G92 2,359,238 2,128,369 2,261,040 2,044,173 216,867 -4.2 -4.0 -6.1 1019 1919 1019 230 244 156 * 28,055 26,090 7,500 0 32,837 o 46,946 0 10,135 281,187 365,605 44,973 290,884 247,430 29,261 -32.3 -34.9 +3.4 1920 1920 1920 103 151 2S7 157 120 216 230 06 8S 11,703 9,946 1,757 5,316 5,581 14,022 11,817 3,105 9,056 5,023 91,443 76,758 14,685 67,410 34,593 106,572 90,235 16,337 70,817 48,186 +16.5 +17.6 +11.2 +5.1 +39.3 1910 1919 1919 1923 1916 211 221 164 117 130 4.5 4.5 7.606 13,501 183,141 111,401 293,323 .215 .305 _ AUTOMOBILES Production: Total n u m b e r - ^245,817 Passenger cars_ number.. 0 217,943 Trucks number.. a 27,874 Shipments: By railroads carloads.. a 26,046 Driveways number of machines.. 0 25,205 o7 f 321 By b o a t — number of machines.. p Exports: Assembled— 12,341 Total number of cars., 10.142 Passenger cars number of cars.. 2,199 Trucks ._. number of cars., 11,872 foreign assembly .number of cars.. 8,560 Accessories and parts thous. of dolls.. •Ratio of total exports to 5.0 Tnt Production, per centinternal revenue taxes collected on: •Passenger automobiles and 8,425 motor cycles thous. of dolls.. Automobile trucks and 917 wagons. thous. of dolls., Automobile accessories 2,603 and parts thous. of dolls., 675,377 433,855 +19.0 + 19.0 -0.0 -1.4 +3.S -10.2 +fi.9 -8.1 +0.7 +16. r, -21.7 i +0.0 +15.0 I +17.8 - 8 . 3 ! +2.1.8 -2.5 -8.5 +0.0 i +.12 - 5 . 3 -14.4 +11.8 +4.9 0.0 -10.7 +4.7 +12.7 +14.5 0.0 14S 137 151 -0.8 +11.* -0.0 -8.0 +9.2 88 -2.3 +32.4 199 227 100 215 244 202 116. 137 127 +6.0 +0.0 -9.5 -19.0 -2a i -17.8 170 83 177 +7.7 +3.5 +2.4 -14. C -414 -20.0 216 211 239 102 142 269 248 2S5 257 213 211 128 145 215 157 -5.2 -1.9 -20.1 -55.2 -14.9 -21.6 -15.8 -42.4 -41.3 +11.1 1919 00 107 119 131 107 j -10.0 0.0 1.1 1020 166 101 137 1G0 109 -9.7 -43.7 +2.1 1920 OS 108 87 87 71 -1.6 -33.7 77 77 55 71 70 +13.9 -9.2 820 179 31 462 119 30 SSI 208 21 644 103 21 •9*° 96,995 58,668 "248,586 +4.7 -7.3 +5.4 -0.4 -0.4 -0.0 -1.2 p Crude: 002 1,360 64,459 6,762 65,154 6,903 2,966 3,265 23,528 18,257 -22.4 1920 43,623 32,625 170 44,635 21,367 .239 482,801 249,404 407,069 244,726 -15.7 -1.9 1913 1921 1913 BUBBEB * m Ports thous. of lbs., consumption b y tire mfrs.. .thous. of lbs., Wholesale price, Para, N . Y..dolls. per Jb_, •Revised. 50,132 31,229 .164 -13.0 +4.2 +3.7 -2,3 +52.7 -2S.0 34 TREND OF BUSINESS MOVEMENTS—Continued NUMERICAL DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p . 1 In many cases August figures are now available and may be found in the special table o n page 23 June July Corresponding month, June or J u l y , 1923 CUMULATIVE TOTAL FEOM JANUARY 1 THROUGH LATEST MONTH 1923 iru Per ct. increase | HO orde* cumulative 1924 from RELATIVE NUMBERS BASE YEAS OB PERIOD Percent Increase (+) >r decrease (-) 1924 1923 July from June July, 1924, froDi My, RUBBER—Continued Pneumatic tires: Production * Stocks, end of month... Shipments, domestic 1fi»^_ 1fi thousandsthousands.. —thousands., m Stocks, end of month thousands..; Shipments, domestic* thousands., i Solid tires: • Production. thousands.. Stocks, end of month thousands.. Shipments, domestic..-, thousands.. HIVES AND LEATHER 22,360 21,455 -4.0 19,671 20,235 +2.9 1921 1921 1921 - 3 . 0 +28.0 -16,5 —20.6 +30.8 +37.2 27,659 27,305 25,052 26,482 -L3 +5.7 1921 1921 1921 +10.4 -18.8 +37.8 +46.9 -10.3 +34.8 -31.9 -29.5 1921 1921 1921 -18.4 -6.2 -13.0 -26.2 -37.5 -11.1 -48.6 -27.9 -56.8 -44.2 -33.1 1909-13 1909-13 1909-13 1909-13 1909-13 +14.0 +53.4 +66.7 -15.0 -43.9 -46.7 -16.6 -46.4 -64.2 -48. S -3.1 -5.1 +9.3 -1.1 -31.8 -30.5 -37.6 -34.7 2,630 6,156 2,663 2,552 5,138 3,484 1,993 6,471 2,539 3,493 8,166 3,858 3,857 6,634 5,318 2,625 7,396 3,942 176 46 31 165 40 42 264 45 438 28,603 4,353 15,759 3,715 3,403 53,515 5,212 29,384 10,382 6,643 245,155 197,071 32,453 15,631 359,636 283,682 52,021 23,934 1921 1921 1921 1921 .131 .180 .146 .149 1913 1913 73,787 20,793 53,579 1,647 32,129 126,718 20,231 72,894 Hides Imports: Total hides and skins thous. of Ibs__| 24,997 2,838 Calfskins..„« thous. of lbs.. 0,451 Cattle hides thous. of lbs., 4,372 Goatskins - ...thous.oflbs., Sheepskins —. thous. of lbs.. Stocks, end of month: Total hides and skins thous. oflbs. 253,107 Cattle hides ....thoua. oflbs. 207,609 Calf and kip skins thous. of lbs. Bheep and lamb skins.. thous. oflbs. IS, 803 Prices: Green salted, packer's heavy native steers dolls, per lb. .125 Calfskins, country No. 1 dolls, per lb. .171 LEATHER Production; SOIP leather-..thous. of bks., bends, sides.. 1,064 Skivers -. ^ doz. 26108 ,08 Oak and union harness stufied sides76,274 Finished sole and belting....thous. of lbs. 20,261 Finished upper thous* of sq. ft. 53,866 Stocks, end of month: Bole and belting.. __thous. oflbs. 151,399 Upper .thous. of sq. ft. 381,085 Stocks, in process of tanning: Sole and belting .. thous. oflbs., 87,204 Upper. ^...thous. of sq. ft*, 120,666 Exports: Sole thous. of lbs., 1,551 Upper... .* thous* of sq* ft.. 6,880 Prices; Sole, oak, scoured backs, heavy Boston -dolls, perlb.. .425 Chrome calf* *'B'f grades.dolls. per sq. ft,. .430 160,273 342 393,871 32,096 226,957 60,261 11,429 200,550 565,979 202t516 23,143 08,025 33,649 8,337 150,22 458,15 -25.1 -19.1 1921 1921 125i 049 112,101 160,555 1921 1921 2,242 6,148 1,598 6,466 .425 .430 .540 .440 504 320 540 461 877 3,392 6,303 2,605 4,458 22t444 512 21,271 457 25,256 627 213,204 4,497 178,172 3,705 6*25 6.25 6.50 12,665 49,850 +18.8 +9,1 +4.8 -10.3 +5.3 +20.8 91 81 +8.0 -30.2 +2.0 -17.1 1919 1919 1919 1921 1921 173,124 391,058 10,660 45,674 134 -3.3 +2.6 -0.5 90 1913 1913 78 70 -41.8 —38-0 -26.5 -0.7 -3.3 -13.2 +1.0 -L3 -21.4 -22.1 +44.6 +40.3 -10.6 -4.9 1913 1913 0.0 0.0 -21.3 -2,3 -23.2 1919 1919 +10.7 +7.1 -30.6 -38.4 -16.4 17.6 1919 1913 -5.3 -10.7 -15.8 -27.1 0.0 -3.8 Leather P r o d u c t s Belting sales: , Quantity .thous. of lbs__ Value tbous. of dolls.. Boots a n d shoes: , Production thous. of pairs. . Exports.. . . , t h o u s . of p a i r s Wholesale p r i c e s M e n ' s black calf, blucher .' dolls, per p a i r Men's dress welt, t a n calf, St. L o u i s . . . . . . . d o l l s , per p a i r Women's black kid, Goodyear welt, St. L o u i s . . . . . . d o l l s , per pair..| 1913 4.85 4.85 185 1913 3.85 3.85 4.25 1913 13,180 87,649 18,042 114,631 17,376 tonstons.tons, tons.* tons,. 120,723 122,229 139,426 116,547 1,890 125,768 tons. ' 0.0 ao 142 -9.4 PAPER AND PRINTING Wood-pulp Imports Mechanical* Chemical ^ short tons. „.,„ short tons. Newsprint Paper Production ^ snort Shipments... _ short Consumption. „ ..short Imports . — ...short ^^^ ^ fStocks, ^ endoof month: r t \ s _ h short A t mills. ^..._ short At p u b l i s h e r s . . . . . * 156,412 622,760 120,793 -22.8 +3.9 1909-13 1009-13 113,052 117,916 120,582 112,173 997 886,404 881,998 120; 970 1,170,271 103,130 744,338 980 9,850 864,290 858,313 957,073 786,761 10,280 -2.5 -2.7 1919 1919 1919 1913 1913 33,428 161,931 28,427 178,324 21,237 173,984 499 117 11,725 477 94 9,877 387 97 +5.7 +4.4 1919 1919 81 112 +36.9 +3.8 +30.8 +39.0 -5.6 -3.5 -13.4 -3.8 -47.2 -5.2 ^0.3 +8.8 +L7 -15.0 +33.9 +15 ai short t o n s - Printing Book publication: i American m a n u f a c t u r e . . . . . . n o . of titles.. Imported „ no. of titles— files books, shipments .thous. of books.. Printing activity weighted index n u m b e r . . • E e vised. f,703 4,215 657 77,908 3,843 974 76,916 -8*8 +4S.2 -1.3 1913 1913 1919 1920 4. -19.7 -15.S 0.0 35 TREND OF BUSINESS MOVEMENTS—Continued. In many cases August figure* are now available and may be found in the special table on page 23 Perct increase NUMERICAL DATA NOTE.—Data on the following items for the period January, 1922, to June, 1934, may be found in the August quarterly issue of the SUEVEY (No. 36), Detailed tabulations of several new items appear at the end of this issue. See Contents, p . 1 Corresponding month, June or July, 1923 June July 255,561 193,800 61f761 269,108 205,723 63,385 290,754 205,725 85,029 €7 66 70 64 64 63 79 80 77 CUMULATIVE TOTAL FBOM JANUABY 1 THROUGH LATEST MONTH or decrease (-) 1923 192* cumulative 1924 from 1923 3,097,653 1,504,166 593,487 2,104,971 1,659,322 545,649 +0.3 +3.7 -8.1 RELATIVE NUMBERS Per cent Increase (+) decrease ( - ) BASK YEAR OB PERIOD III July from June uly, 024, 'rom uly. 923 +5.3 +6.2 +2,6 -7,4 0.0 25,5 -16 »3.0 -10.0 19,0 20.0 18.2 +2,0 0.0 -8,3 +4.8 23.7 -29.6 PAPER AND PBINTING—Continued Paperboard Shipping Boxed Production: Total — _thous, of sq. ft.. Corrugated _._ tbous. of sq. ft,. Solid fiber thous. of sq. ft.. Operating activity: Total .. per cent of normal.. Corrugated -^ per cent of normal.. Solid fiber.... per cent of normal.. Price index numbers: Finished b o a r d Corrugated..index number.. Solid fiber.* index number.. Raw materials— 85 test liners-.--index number.. Chip.l index numberStraw„ index number.. 1922 1922 1922 1922 1922 100 1922 1G22 1922 ao -5.4 in •20.4 ao Other Paper Products Folding boxes, orders—-per cent of capacity.. Labels, orders per cent of capacityRope paper sacks, shipments..index number.. Abrasive paper and cloth: Domestic sales reamsForeign sales „ —.reams.. 1921 1921 U922 64.7 81.8 76.6 63.1 60,069 12,815 63,553 7,777 79,016 11,765 30.4 14,193 16.7 14,083 31.9 13,556 560,113 75,326 -16,2 -6.1 1919 1919 no 45 +18.9 +17,9 85 +12 -39.3 -19.6 -33.9 -0.8 -47.6 +3.9 -45.1 +8.7 42.3 -68.7 -1.0 -9.3 -7.9 BUTTONS Fresh-water pearl buttons: Production... -.-per ct, of capacity.. Stocks, end of month thous. of gross., 1922 1922 108 113 GLASS AND OPTICAL GOODS Spectacle frames and mountings: Sales (shipments) _^_-indes number.. Unfilled orders (value) index number.. BUILDING 90 1919 1919 CONSTRUCTION Building Costs (Index N u m b e r s ) Building materials: Frame house, 8-room, 1st of fol'g m o . . Brick house, 6-room, 1st of fol'g m o . . . Building costs (Engineering News R i, 1st of following month ———, Concrete factory costs (Aberthaw), 1st of following month ** »- ^_...__, Plumbing fixtures^ articles dollars. 1013 1913 1913 222 -as -4.1 1914 1913 130 -3,3 -19 -9.2 Construction and Losses Contracts awarded (27 States): 7,827 Business buildings thous. of sq. ft.Industrial buildings tnous. of sq. ft.. 2,891 Residential buildings thous. of sq, ft..1 28,346 gducatlonal buildings—.thous. of sq. ft.. 4,183 Other public and semipublic 4,073 buildings «. „ thous. of sq, ft.. 48,064 Grand total thous, of sq.ft.. n Contracts awarded, value (27 States): 49,601 Business buildings thous, of dolls,. 19,026 Industrial buildings* thous. of dolls . Residential buildings thous. of dolls.. 130,679 29,006 Educational buildings thous. of dolls._ Other public and semipublic 33,717 buildings • ..thous, of dolls— Grand total thous. of dolls., 331,147 -,sses: 20,350 United States and Canada.thous. of dolls., Great Britain thous. of £ sterling.. 7,436 2,416 20,891 4,846 7,094 3,861 23,698 4,131 57,601 40,680 208,998 27,883 67,073 24,591 232,793 31,272 -a 9 -39.6 +11.4 +12.2 1919 1919 1919 1919 -5.0 -16,4 -26.3 +15.7 +18 -37.4 -11.8 +17.3 4,711 41,179 3,179 42,021 23,412 358,800 27,397 376,627 +17.0 +5.0 1919 1919 +15.7 -14.3 +4S.2 -2.0 41,866 14,475 108,507 34,667 35,267 21,197 111, 133 27,512 280,602 228,669 924,841 168,920 315,758 164,112 1,101,742 200,937 +12,5 -2812 +19.1 +19.0 1919 1919 1919 1919 -15. G +18.7 -23.9 -31.7 -2.4 -20.6 +19.5 +26.0 154,439 23,240 274,225 2,110,448 192,816 2,312,705 +24.8 +9,6 1919 1919 -6,6 -12.5 249,543 6,31$ 205,065 6,021 -17,8 -20.5 1919 1919 +17,8 Southern pine: 452,243 3,153,348 3,196,090 Production (competed) M ft, b. m.. 426,171 439,967 440,257 3,319,768 3,162,157 shipments (computed) M ft. b. m J 406,809 468,576 372,779 3,123,818 3,178,664 615,336 408,454 Orders (computed) __M ft. b. m_ end of mo. (computed) -M ft, b. m_ ,153,376 1,124,717 1,065,674 82,660 ""5267367 89,707 67,173 " "~ •' timber) _M ft. b. m.. and 46.67 38.51 39.61 —__dotts* per M ft, b. m._ +L4 1917 1917 1917 1917 1919 113 114 101 104 102 110 92 106 106 99 91 115 82 82 84 82 133 142 132 176 1913 189 171 1917 1917 1919 1922 1913 145 142 135 174 158 156 174 21: 144 361 182 241 190 190 179 31,493 23,969 27,491 711 461,632 3,433,600. 3,389,610 Production (computed) M ft. b. m_. 472,902 371,634 466,904 3,716,767 3,566,263 448,514 *- (computed) M ft. b. m__ 502,806 394,466 283,730 42,150 43,519 1161 M 36,213 IP **• *>• * » 148,100 44,858 34,237 34,686 19.50 timber M ft. b. m.. 16.50 16,50 o. 1 common dolls, per M ft. b. m.J ft tiS 1 ??™? av erage, July to June, inclusive,ending the year indicated. «Jime 1Q23 ° 5 p i t i U s ' p u b l i c b u i l d i D g s ' s o c l f l 1 ' ] -4.7 +1.8 -1.3 -40 +39.6 181 Survey of Current Business, +35. $ +5.7 +3,.. +15.2 +26.2 -2,5 +33, i -2.7 +6,4 +38.3 +5.6 +8.5 167 -2. -17.3 106 139 173 238 178 -21. -10. +20, -19.6 -3.9 0. -23.2 -15.4 +3.2 36 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct. ^increase N U M E R I C A L DATA NOTE.—Data on the following items for thi period January, 1922, to June, 1924, may be found in the August quarterly issue of thf SURVEY (NO. 36). Detailed tabulations oi several new items appear at the end of this issue. See Contents, p. 1 1924 June July Corresponding month, June or July, 1923 CUMtTLATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH 1923 (+) or de- crease (-) cumulative 1924 from 1923 KELATIVE NUMBERS BASE YEAR OR PERIOD 1923 Per cent increase (+) ir decrease (-) 1924 July from June July, 1924, from July, 1923 BUILDING CONSTRUCTION—Con. Lu mber—Continued California redwood: 46,2& 34,303 358,234 Production (computed) M ft. b. 46,385 339,986 29,525 25,099 Shipments (computed).. M ft. b. rn. 40,712 363,102 260,219 28,484 24,622 Orders received (computed)_.M ft. b. m 28,14! 359,754 253,788 California white pine: 133,741 136,497 140,679 619,423 Production M ft. b. m. 618,585 64,04! 79,035 Shipments M ft. b. m. 67,931 413,881 449,672 538,991 608,260 Stocks, end of month M ft. b. m. 507,764 Western pine: 161,66? 146,082 Production (computed) M ft. b. m. 179,098 992,338 985,935 124,38; Shipments (computed) M ft. b. m. 124,873 114,813 928,385 914,619 Stocks, end of mo. (computed) -M ft. b. m 1,057,52? 1,075,099 947,445 North Carolina pine: Production (computed) M ft. b. m 43,OSC 38,843 46,620 329,770 332,285 42,39$ Shipments (computed) M ft. b, m 45,335 40,110 346,646 341,488 Northern pine: LumberProduction M ft. b. m. 58,66! 52,267 69,978 377,683 333,544 40,036 Shipments M ft b. m. 45,758 40,658 329,771 307,086 LathProduction M ft. b. . 14,62J 13,328 19,229 100,712 81,406 Shipments M ft. b. m. 14,849 14,105 90,954 16,05C 91,670 Northern hemlock: Production M ft. b. m 27,377 25,177 30,344 191,974 148,443 Shipments M ft. b. m 2325f 17,505 26,364 183,383 136,329 Northern hardwood: Production M ft. b. m. 35,181 27,392 33,608 304,655 299,476 Shipments _ M ft. b. m. 25,328 22,475 33,364 254,439 198,973 Walnut lumber: Production M ft. b. m. ,3 3,736 2,785 17,726 22,803 r Shipments M ft. b. m 2,G4 2,409 1,889 17,498 20,671 Stocks, end of month . . . M ft. b. m, 10, IK 12,885 8,450 Walnut logs: Purchases M ft. log measure 2,441 2,256 2,190 17,278 17,593 Made into lumber and veneer M ft. log measure. 2,57J 2,52: 2,501 14,898 17,685 Stocks, end of month __M ft. log measure. 3,694 2,910 2,934 All lumber: Production, 10 species M ft. b. m. [2,384,297 [2,237,722 2,523,128 17,330,469 17,055,858 Exports, planks, joists, etc M ft. b. m, 138,792 156,81 158,937 1,017,829 1,133,421 Retail yards, MinneapolisSales M ft. b. m, 16,277 16,823 17,924 96,666 77,884 Stocks, end of month M ft. b. m. 119,488 114,523 134,748 Composite lumber prices: * Hardwoods... dolls, per M ft. b. m 42.20 42.04 45.75 Softwoods dolls, per M ft. b. m. 29.45 29.12 32.25 Wooden Furniture Shipments dolls., average per firm.. Unfilled orders dolls., average per firm.. Fiano Benches a n d Stools New orders.. dollars. Unfilled orders _ dollars., Shipments: Value dollarsQuantity pieces. Flooring Oak flooring: Production M ft. b . m . Shipments M ft. b. m . Orders booked M ft. b . m . Stocks, end of month. M ft. b . m_, Unfilled orders, end of m o n t h . M ft. b . m.. Maple flooring: Production _ . . . M ft. b. in.Shipments . . . _ M ft. b. m_. Orders booked M ft. b. m._ Stocks, end of m o n t h . . M ft. b . m._ Unfilled orders, end of m o n t h . M ft. b. m_. Brick Clay fire brick (computed): Production _ thousands.. Shipments _ thousands.. Stocks, end of month thousands.New orders thousands.. „ , Unfilled orders, end of month.thousands.. Silica brick (computed): Production .„ thousands Shipments thousands.. Stocks, end of month thousands Face brick (32 identical plants): Production thousands Stocky at yards* I/.IthSat: Unfilled orders, end of month.thousands Shipments thousands" • June, 1923. f Prices are averages of^quotations re; 26,820 31,741 '35,328 •54,496 223,023 194,705 -5.1 -28.3 -29.5 1918 1918 1918 -25.9 -15.0 -13.6 -26.0 -38.3 -12.5 +8.6 -0.1 1918 1918 1918 +2.1 +23.4 +12.9 -3.0 +16.3 +19.8 -0.6 -1.5 1917 1917 1920 +0.4 +1.7 -18.4 +8.8 +13.5 +0.8 1919 1919 -9.8 -1.5 +6.9 -16.7 +13.0 -11.7 -6.9 1920 1920 147 81 -10.9 +14.3 -25.3 +12.5 -19.2 +0.8 1920 1920 147 181 -8.9 -7.5 -30.7 +5.3 -22.7 -25.7 1913 1913 61 57 -8.0 -24.7 -17.0 -33.6 -1.7 -21.8 1913 1913 133 97 -22.1 -11.3 -18.5 -32.6 +28.6 +18.1 1922 1922 1922 202 126 92 +10.7 -9.0 +26.7 +311 +27.5 +52.5 229 -7.7 +3.0 217 -2.1 -21.2 +0.8 120 -6.1 +13.0 -11.3 -1.3 97 +1.8 1922 +18.7 1922 1922 -1.6 +11.4 1913 1909-13 -19.4 1920 1920 +3.4 -4.1 -6.1 -15.0 1921 1920 -0.4 -1.1 -8.1 -9.7 35 -15.0 -13.8 -26.6 -78.6 35 -25.6 -21.9 -41.0 -31.6 -12.7 1920 1920 150 115 43 -0.8 47 65,152 22,360 55,360 19,264 75,376 90,176 745,184 549, 732 -26.2 1919 1919 68,624 10,497 51,040 8,194 86,443 11,975 716,094 110,957 562,370 83,842 -21.5 -24.4 1919 1922 32,935 33,713 30,824 50,189 36,093 34,057 36,814 43,080 48,842 41,852 30,489 22,501 17,924 40,708 32,000 214,303 184,216 230,516 233,222 227,204 +7.6 +17.3 +23.3 1913 1913 1913 1913 1913 514 467 247 375 531 7,492 7,425 6,436 25,406 9,596 7,604 7,546 7,331 25,557 9,074 10,590 10,515 5,671 18,829 21,715 71,585 89,680 89,051 63,392 55,661 54,127 -11.4 -37.9 1919 1919 1919 1919 1919 105 93 35 122 74 50,734 45,015 227,233 37,101 62,920 45,199 44,510 227,954 44,990 80,334 60,074 57,575 166,526 47,623 84,271 443,222 430,988 399,193 371,080 -9.9 -13.9 445,053 374,732 -15.8 1919 1919 1919 1919 1919 100 89 164 72 GS 9,612 10,475 43,349 11,555 12,720 42,184 14,497 14,578 41,437 106,035 109,474 105,930 104,253 -0.1 -4.8 1919 1919 1919 68 75 104 +20.2 25,947 50,895 43,653 25,213 25,605 51,503 31,334 20,527 25,494 67,787 51,826 23,767 158,871 163,595 +3.0 154,843 -2,8 166 207 159 181 -1.3 +1.2 159,305 1919 1919 1919 •1920 77 +3.4 +11.7 +9.2 +63.6 +39.8 !+140.3 - 2 . 7 +20.0 +16.0 +30.8 566 635 505 552 568 +1.55 -28.2 +6 +1.6 +13.9 + 1 3 9 +29.3 +35.7 +0.6 - 5 . 4 -58.2 -10.9 - 2 4 . 8 - 1 . 1 -22.7 +0.3 +36.9 +21.3 +27.7 2 i1 -3s. 9 -18.6 I month indicated. ... jk in kilns as reported prior to September, 1923; current data therefore are no , are strictly comparable, having been computed on a chain-relative basis. +0.4 -24.0 -39.5 -13.6 37 TREND OF BUSINESS MOVEMENTS—Continued NUMERICAL DATA NOTE.—Data on tne following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the RELATIVE NUMBERS [ percent — _., _... I] increase (+) or fJccruiso C—) (+) SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase 1024 June July Corresponding month, June or July* 1923 CUMULATIVE TOTAL' FROM JANUARY 1 THROUGH LATEST MONTH 1923 1924 or decrease (-) cumu* lative 1924 from 1923 BASE YEAR OR July, 1021, from July, 11/23 July from Juno BUILDING CONSTRUCTION— Con. Brick—Continued Paving brick: ProductionActual : _ thousands.. 24,998 68 Kelation to capacity per cent._ Shipments thousands.. 27,786 Stock, end of month thousands.. 111,637 Orders received ..thousands.. 23,240 1,304 Cancellations thousands.. Unfilled orders, end of month .thousands- 99,314 Prices, common brick: Wholesale, red, New York-dolls, per thous. 20,000 Portland Cement Production 13,638 thous. of bbls_ Shipments 15,036 thous. of bbls. Stocks, end of month- ...thous. of bbls. 14,903 Price, Portland: Chicago district 1.75 dolls. perbbL, Lehigh Valley 1.75 dolls, perbbl. Concrete paving contracts: Total:.....! 8,948 -thous. of sq. yds., Roads 4,939 .thous. of sq. yds.. Roofing Preparing roofing: Shipments thous. of roof squares.. Roofing felt: Production, dry felt tons— , Stocks, end of monthTotal tons.. Dry felt-. tonsReceipts— Rags tonsPaper tons.. Miscellaneous tons.. Sanitary Ware Baths, enamel: Orders shipped „ number.. Stocks, end of month number.. Orders received -.number... Lavatories, enamel: Orders shipped number.. Stocks, end of month _ number-. Orders received-.. number.. bints, enamel: Orders shipped number.. Stocks, end of month number.. Orders received.... *. number.. Miscellaneous, enamel: Orders shipped number.. Stocks, end of month number.. Orders received.. number.. Unfilled orders, end of month: Baths „ ., .number Small ware _„number.. 2,331 17,593 31,452 81 31,300 110,286 28,747 2,855 92,237 30,529 81 27,092 78,835 23,688 5,340 100,444 16.00 21.00 14,029 16,614 12,319 12,620 13,712 8,081 1.75 1.75 1.75 1.90 10,025 6,214 6,407 3,242 . 45,795 29,764 58,253 38,516 +27.2 +29.4 2,596 2,279 17,209 17,628 +2.4 1919 17,597 15,276 116,506 +4.4 Jan.,'23 Jan.,'23 Jan.,'23 -6.9 75 -15.3 74 '\ -3S.8 —44,3 13,001 2,878 16,237 2,813 14,447 3,923 19,840 5,216 1,371 18,476 4,417 15,501 6,042 1,507 +3.0 (10 +25. S +10.1 +12. 6 -1.2 + 23. + 118.9 -7.1 1913 75,342 76,274 111, 612 108,540 42,144 8,609 80,816 79,110 115,327 39,480 9,655 +7.3 4-3.7 +6.3 -6.3 +12.1 309 320 305 305 305 244 + +21.4 -if,. 5 -a 2 -20.0 -3.S +3.6 + 11.2 +10.5 +21.2 -17.3 +62.4 1913 1913 1913 101 180 82 1913 1913 173 214 0.0 0.0 1919 1919 172 150- +12.0 +25.'8 +» +11. 4 +13.9 0.0 + 15.2 +213 -2.3 +12.4 -2S.3 0.0 0.0 +60.5 + 19.2 -26.0 120 Jan.,»23 Jan.,*23 Jan.,'23 i 620,741 697,018 723450 730,336 708,128 840,941 +12.3 1919 1919 1919 ! i i +15.0 j +20.1 I +4.2 +150.3 i +27.7 +37.5 +18.8 1919 1919 1919 -5.0 -0.8 +17.0 ;-2-R8 -5.5 | -5.4 1919 1919 1919 202 | - l . S j +5.S 124 | +19.7 +2W.2 102 !i +7.7 +11. B 1919 1919 1919 138 i - 2 , 3 i +27.7 132 j - 0 . 7 i+121.1 -8.9 10S -14.3 84,665 65,093 72,978 97,376 67,848 93,163 81,082 27,107 67,770 97,963 140,810 78.185 93,008 164,702 73,890 99,903 47,763 80,649 908,570 112,062 129,862 83,507 110,070 155,483 £9,930 104,053 48,715 80,430 769,145 911,952 +18.6 939,640 850,716 -9.5 69.186 106,031 52,917 67,622 105,321 45,332 52,946 47,642 49,745 385,822 532,539 +38.0 "470,178' *482*284" ~+2.T 181,907 458,182 169,394 395,697 245,568 931,910 9,396 Acetate of lime: 8,840 Production thous. oflbs— 32,291 Shipments or use thous. of lbs.. Stocks, end of month —thous. of lbs._ 492,902 Methanol: Production . . gallons.. 449,232 Shipments or use . gallons.. 368,760 Stocks, end of month gallons.. 53,594 wood at chemical plants: 821,242 Consumption (carbonized) cords.. 5,405 btocks, end of month cords.. 37,440 Imports: fotash long tons.. 957 ._ Nitrate of soda long tons.. 440 Exports: 70,846 Sulphuric acid tbous. of lbs.. Dyes and dyestufls ».>._.thous. of dolls.. ., . Total fertilizer long tons.. Price index numbers: Crude drugs index numberEssential oils index numberDrugs and Pharmaceuticals z—: index number.. n micals p^j^19 8emonths' weighted..index number.. average, May to December, inclusive. •f rice, sulphuric acid 66° N. Y..index number.. 7,479 6,314 22,657 13,180 13,145 9,767 -15.T 415 j - 6 , 9 306 -13.6 <»1920 1U920 -31.0 -57.5 CHEMICALS 100,291 106,334 652,955 5,317,238 396,902 514,279 4,617,956 417,422 ,779,147 2,069,895 -184 -41. S 1922 1922 1922 110 ! 90 59 65 95 | 90 72 40 63 4,348,692. -18.2 4,047,052 -12.4 1922 1922 1022 110 100 95 S7 70- -19.5 -7.1 66 65 -24,9 81,764 61,856 71 86 -20.4 -28.6 -29.8 43.3 -52.0 +132.0 -39.2 -18.8 -33.4 -18.6 -33.1 -44.3 -31.0 49 +89.9 +34.6 -46.8 -13.4 156 104 ,522 2097 69 95 -33.0 +38.0 +39.0 -19.6 -27.4 -17.5 43,617 549,516 78,244 796,413 604,553 470,742 -22.1 1922 1922 106 92 83 87 68 10,266 50,400 19,303 53,196 134,857 605,806 109,431 659,397 -18.9 +8.8 1903-13 1903-13 45 170 20 87 641 607 98,503 797 836 119,423 4,556 3,960 670,376 6,529 3,411 634,683 +43.3 -13.9 -5.3 1903-13 1903-13 1903-13 130 167 307 2S89 1337 1292 116 91 122 58 Aug.'H Aug.'H 219 141 230 137 219 136 207 133 -5.5 -2.3 -5.5 -5.7 Aug.'H 1913 1913 143 169 j 75 I 156 153 70 153 154 151 159 70 -1.3 +5.6 +3.2 0.0 -5.9 -6.7 38 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct increas NUMERICAL DATA NOTE.—Data on the following Items for thi period January, 1922, t o June, 1024, may b< found in t h e August quarterly Issue of thi SURVEY ( N O . 36). Detailed tabulations o several new items appear a t the end of thi: Issue. See Contents, p . 1 1921 June July barrels. ..barrels 39,621 32,491 45,440 34,200 barrels barrels. 110,081 241,101 thous. of lbs: thous. of lbs, Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH (+> or decrease (-) cumulative 1924 from 1923 RELATIVE NUMBERS BASE YEAR OR PERIOD 1923 Percent „ increase (+) or decrease ( - ) 1924 July from June July, 1024, from July, 1923 1923 1921 40,58C 21,28: 151,662 156,996 +3.5 1919 1919 +14.7 +5.2 +12.0 +60.7 129,907 270,218 127,095 219,135 677,74C 553,035 -4.3 1919 1919 +18.0 +12.1 +2.2 +23.3 1,94; 58,31' 2,365 34,856 2,536 48,34f 34,795 437,42< 23,875 509,428 -31.4 +16.5 1913 1913 163 thous. of lbs. thous. of lbs 15,32: 14,01; 15,095 "14,244 •U,6ir 109,886 122,44: 123,595 137,483 +12.5 +12.3 1913 1913 127 Cottonseed stocks, end of month tons. Cottonseed oil: Stocks, end of month thous. of lbs Production.. ...thous. of lbs Price, New York dolls, per lb 29,285 21,534 12,031 23,33) 17,92; .10- 4,558 6,637 .121 5,103 8,659 .102 387,086 392,621 267 119 353 110 2,751 1,199 57 109 52 116 450 1,126 NAVAL STORES Turpentine (3 principal ports): Net receipts Stocks, end of month Rosin (3 principal ports): Net receipts Stocks, end of month FATS AND OILS Total vegetable oils: Exports Imports Oleomargarine: Production Consumption +21.8 - 6 . 7 -40.2 -27.9 +7.7 +30.0 1919 -26.5 +79.0 +1.4 1919 1919 1913 -80.5 -63.0 +16.3 -10.6 »23.4 +18.6 1,938 895 -29.6 -25.4 1913 1913 -9.8 +28.0 -25.4 +8.2 819 1,092 +82.0 -3.0 1913 1913 -25.0 -18,0 +9.6 -6.0 -88.9 -13.5 -94,3 -73.8 Cottonseed Flaxseed Receipts: Minneapolis; Duluth Shipments: Minneapolis Duluth Stocks, end of month: Minneapolis Duluth Linseed oil: Shipments from Minneapolis Linseed-oil cake: Shipments from Minneapolis thous. of bushs. thous. ofbushs, thous. of bushs, thous. of bushs 133 thous. ofbushs. thous. of bushs. % lft thous. of lbs. 6,481 6,286 6,129 thous. of lbs. 10,241 10,466 12,905 53 343 58,601 97,520 31 1913 1913 11 35 30 11 28 65,092 +11.1 1913 49 40 59 41 43 41 -3.1 +2.6 92,965 -4.7 1913 42 43 29 23 34 35 +2.2 -18.9 65,292 -23.8 1913 -23.8 -39.0 1913 1913 1919 1919 76 191 49 84 1914 1919 1919 110 111 68 +8.3 +12.3 +8.8 -2.9 +3.3 -9.8 +37.4 +23.9 FOODSTUFFS Wheat Exports, including flour thous. ofbushs. Visible supply: United States thous. of bushs. Canada thous. ofbushs. Receipts, principal markets.-thous. ofbushs^ Shipments, prin. markets*.... thous. ofbushs. Wheat flour: Production thous. of bbls.. Consumption thous. of bbls.. Stocks, all positions thous. of bblsPrices: No. 1, northern, Chicago..dolls, per bush., No. 2, red winter, Chicago.dolls. per b u s h . Flour, standard patents, Minneapolis dolls, per b b l . Flour, winter straights, Kansas City dolls, per b b l . 10,257 7,817 12,822 36,496 44,932 16,410 13,714 43,793 31,306 35,074 16,302 32,648 13,84^ 33,804 17,586 9,332 7,759 6,800 10,105 8,717 7,400 10,408 8,442 8,200 L120 1.122 1.397 1.253 1.017 1.011 1913 1913 129 108 +24.7 +11.7 6.856 7.490 6.025 1913 145 +9.2 +24.3 +4.5 +20.2 5.581 5.831 4.850 1,017 9,247 17,415 14,505 5,621 654 5,987 18,225 11,205 5,835 1,329 2,346 18,184 11,661 4,080 .839 1.055 .857 Oats: Receipts, principal markets thous. of bushs__ Visible supply thous. of bushs.. Exports, including meaL.thous. of bushsPrices, contract grades, .dolls, per bush.. 14,003 5,264 177 10,510 3,086 233 16,130 5,710 857 .501 .563 .422 Receipts, principal Fets thous. of bushs.. f-.-y thous. of bushs.. fair to good, malting, a *° --dolls, per bush.. 3,972 513 1,498 1,054 2,018 816 .776 .829 .653 1,674 3,732 4,954 1,332 .861 1,458 3,352 647 85,735 171,646 121,117 130,650 92,515 -23.9 -23.6 66,834 59,157 70,687 61,735 +5.5 +4.4 61 +20.0 , +34.1 , -30.3 1+126.1 +113.7 +3.8 -7.3 +18.9 142 1913 Corn Exports, including meal thous. of b u s h s . Visible supply thous. of bushs. Receipts, principal markets—thous. of bushs.. Shipments, prin. markets thous. of bushs.. Orindings (starch, glucose).-thous. ofbushs.. Prices, contract grades, No. 2, Chicago dolls, per bush.. 38,438 16,350 -57.5 155,132 108,368 37,525 117,390 44,665 +12.0 +8.3 +19.0 1913 1913 1919 1919 1913 -35.7 , -50.8 -35.3 1+155.2 +0.2 +4.7 -3.9 -22.8 + 3 . 8 +43.0 1913 +25.7 +23.1 1913 1913 1913 -24.9 -41.4 +31.6 -34.8 -46.0 -72.8 +12.4 +33.4 Other grains ttye: € Receipts, principal -afkets ... .729 • June, 1923. 117,816 103,776 -11.9 6,079 2,179 -64.2 133 1913 18,221 5,115 19,672 4,602 +8.0 -10.0 1913 26,014 24,914 15,498 10,798 -40.4 -56.7 1913 1913 1913 - 6 2 . 3 -25.8 [+105.5 +29.2 +6.8 +27.0 r 1913 1913 104 122 124 129 2408 115 133 +239.8 -60.3 +18.1 +33.1 39 TREND OF BUSINESS MOVEMENTS-Coniinued In many cases August figures are now available and may be found in the special table on page 23 Per ct. Increase NUMERICAL DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SUEVEY (No. 36). Detailed tabulations of several new items appear at the end of this Issue, See Contents, p, 1 1924 June July Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH orde* 1923 1924 cumulative 1924 from 1923 160,331 1,191,624 99,221 1,255,872 -38.1 +5.4 RELATIVE NUMBERS BASE YEAB OR PERIOD 1933 I Per cent j increase (+) or decrease (-) 1921 July from June July, Ittt4, from July, 1023 FOODSTUFFS—Continued Total Grains Total grain exports, incl. flour.thous. of bushs.. Car loadings of grain and grain products-cars.. 15,696 188,260 11,090 174,337 19,176 170,919 7,030 10,800 2,400 6,660 13,200 3,000 4,810 8,000 2,000 1913 1919 Kl :i - 2 a 3 -42.2 103 -7.4 + 2.0 1913 1913 1913 257 ! - f i . 3 378 +22.2 412 ) + 2 5 . 0 il Argentine Grain Visible supply, end of month: Wheat _thous. of bushs__ Com thous. of bushs.. Flaxseed thous. of bushs... Bice Total movement to mills sacks or bbls.. Paddy at California warehouses: Shipments sacks.. Stocks, end of month sacks._ Southern paddy, receipts at mills bbls.Shipments: Total from mills pockets (100 lbs.).. New Orleans .-..pockets (100 lbs.).. Stocks, end of month: Mills and dealers pockets (100 lbs.) ~ Imports pockets (100 lbs.)— Exports pockets (100 lbs.) ~ 86,494 + 38. A + fifl.O +:o. o '774,087 77,028 293,890 9,466 5,633 135,094 34,646 135,259 43,056 345,583 4,203,506 163,448 1,675,190 302,640 60,364 36,908 165,241 16,814 23,234 744,481 393,092 15,427 388,867 2,490,814 866 20,470 981 7,811 76,090 2,312 22,938 2,057 4,100 61,671 3,154 15,853 1,396 4,654 67,066 1,673 631 201 1,030 1,798 641 169 1,141 1,903 747 223 1,104 382,667 379,054 11,909 435,299 431,223 14,029 405,013 403,123 14,229 59,343 49,615 45,893 '589,403 «S04,607 103,938 2,695,112 2,134,453 -20.8 1019 -40.4 3,897,167 853,906 -7.3 -49.0 1919 1919 +0.1 21.3 -7.1 7 271,093 914,363 -31.0 -63.3 1919 1919 1919 -45.4 -GG.6 -37.0 -77.8 + 9.0 U 27,640 225,000 10,648 65,653 505,727 30,870 140,256 14,461 69,087 558,425 +11.7 -37.7 +35.8 +5.2 +10.4 1919 1919 1919 1919 1919 107.0 12.1 H09.7 -ib.9 -26.7 +44.7 +47.3 -11.9 -SO 11,914 4,549 1,681 7,266 11,919 4,446 1,471 7,481 0.0 -2.3 -12.5 1919 1919 1919 1919 +7.6 +1.6 -15.9 +10.8 -5.5 -14.2 -24.2 +3.4 2,852,172 2,869,491 2,831,016 2,845,354 88,164 94,062 +0.6 +0.5 1913 1919 1913 +13.8 -13.8 +17.8 +7.0 -1.4 1919 -16.4 +8.1 1913 1913 1913 -0.3 -1.8 -2.9 +4.4 -S. 1 1919 1919 1919 1919 -4.8 +4.2 -20.7 -8.7 -2.2 -1,3 -32.4 0.0 +10 J3 -a 7 +4.2 +10.5 +4.6 1919 -6.1 -4,9 1919 1919 +5.9 +6.4 +8.2 +4.9 -M.0 Other Crops Carlot shipments: Apples Potatoes Onions "Citrus fruits Hay, receipts.. _ carloadscarloadscarloads— carloads.tons.. -47.6 50 Cattle a n d Calves Cattle movement, primary markets: 'Receipts thousandsShipments, total thousands— Shipments, stocker and feeder.thousands.. Local slaughter thousandsBeef products: Inspected slaughter produc.-thous. of lbs.Apparent consumption thous. of lbs.-. Exports thous. of lbs.. Cold-storage holdings (end of month) thous. of lbs.. Prices, Chicago: Cattle, corn-fed dolls, per 100 lbs-. Beef, fresh native steers dolls, per lb— Beef, steer rounds, No. 2 dolls, per lb._ 9.595 .168 .175 9.663 .165 .170 10.590 .158 .185 4,091 4,181 1,496 34 2,652 +3.0 -6.3 +7.:, Hogs and Pork Hog movement, primary markets: 4,296 Receipts, primary market thousands1,417 Shipments, primary markets, .thousands— 29 Shipments stocker and feeder-thousands.. 2,852 Local slaughter thousands.. to ^ork products, total: Inspected slaughter produc. .thous. of lbs— 737,102 Apparent consumption thous, of lbs.. 622,880 Exports thous. of lbs.. 109,369 ^old-storage holdings emi T Ai of month) thous.of lbs._ 1,022,670 Lard (included in pork products): Production thous. of l b s . . 166,836 59,475 j^Pprts thous. of lbs.. ^old-storage holdings p r f (end of month).. thous.of lbs.. 152,685 Hogs, heavy, Chicago...dolls, per 100 lbs.. Hams, smoked, Chicago—dolls, per l b Lard, prime contract, N. Y__dolls, per lb._ S 31,956 11,001 439 20,912 33,553 12,239 304 21,220 2,605 702,630 5,428,634 6,467,086 731,931 580,811 3,867,248 4,135,473 641,679 141,665 1,148,015 1,100,685 148,208 960,501 1,009,738 1,107,238 615,530 +5.0 +11.3 -30.8 +1.6 +0.7 -4.5 -0.5 1913 1919 1913 151 154 ]53 162 140 133 176,707 86,706 163,300 69,478 150,243 143,579 1919 +45.8 +4.6 7.245 .196 .111 8.188 .204 .126 7.210 .217 .113 1913 1913 1913 +13.0 +4.1 +13.5 +13. G -6.0 +11.5 1,550 650 153 903 1,672 712 226 950 1,661 710 188 936 10,786 4,863 1,057 5,901 10,390 4,724 940 5,666 -3.7 -2.9 -11.1 -4.0 1919 1919 1919 1919 35,097 34,504 37,539 37,908 35,138 35,592 260,584 264,092 256,973 257,479 -1.4 -2.5 1913 1919 2,919 2,254 2,752 4.825 14.725 4.844 13.750 5.050 13.975 1,183,695 618,785 Sheep a n d L a m b s Sheei ep movement, primary markets: receipts, primary markets. thousands.. bmpments, primary markets..thousands.. Shipments, stocker and feeder.thousands.. Lft^v, C a l s l a U 8 n t e r thousands.. i.ainb and mutton: inspected slaughter produe.thous. of lbs.. ^PParent consumption thous. of lbs.. ^old^storage holdings of month tb£ Prices> >usof lbs.. R S S P I ? wes » Chicago.-dolls, per 100 lbs. Sheep, lambs, Chicago..dolls, per 100 lbs.. *June, 1923 +7.9 +9.5 +47.7 +5.2 +0.7 +0.3 +20.2 +1.5 94 +7.0 +9.9 +6.8 +6.5 1919 27 -22.8 -18.1 1913 1913 141 182 +0.4 -4.1 -11.3 61 -6.6 40 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase N U M E R I C A L DATA NOTE.—Data on the following items for the period January, 1922, to June. 1924, may be found in the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 RELATIVE NUMBERS (+) Corresponding month, 1924 June July June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH 1923 1921 143, 604 153,209 or decrease (-) cumulative 1924 from 1923 BASE TEAR OR PERIOD 1923 Per cent increase (+) or decrease {-) 1924 July from June July, 1924, from July, 1923 FOODSTUFFS—Continued Poultry tbous.of lbs..; 17,824 19,780 16,696 thous. of lbs. J 34,832 33,542 41,250 Total catch, prin. fishing ports..-thous. of l b s . . Cold-storage holdings, 15th of mo.thous. of lbs.. Canned salmon, shipments cases.. 17,792 26,986 337,809 22,592 56,042 20,991 27,237 • 445,127 103,484 114,323 2,684 c 17,906 2,562 92,189 16,623 280,644 13,601 194,350 10,569 Receipts at five markets Cold-storage holdings (end of month) +6.7 1919 +11.0 +18.5 1919 -3.7 -18.7 +10.5 1919 1919 +27.0 +107.7 +7.6 +5.8 94,875 17,363 +2.9 +4.5 1919 1913 1919 +1.8 +4.8 121,451 +22.6 -1.9 +18.7 +44.4 +28.7 1919 +3.1 +25.5 1916-20 1919 +79.3 -1.2 +31.1 -0.3 Fish Dairy Products Fluid milk: Receipts17,31' Boston (includ. cream) ..thous. of qts__ 2,637 Greater New York thous. of cans. Production, Minneapolis thous. of lbs, Condensed and evaporated milk: Stocks thous. of lbs_. 286,107 11,461 Exports (case goods) thous. of l b s . . Butter: Receipts, 5 markets thous. of l b s . . 92,155 Cold-storage holdings, creamery (end of month) thous. of l b s . . 74,416 .401 Wholesale price, 5 markets-dols. per lb__ Cheese: Receipts, 5 markets thous. of lbs 21,639 Cold-storage holdings, American (end of month) thous. of l b s . . 45,51 Wholesale price, 5 markets...dolls, per lb__ .195 Eggs: Receipts, 5 markets . . . . t h o u s . of lbs_. 1,823 Cold-storage holdings (case).thous. of l b s . . Sugar Raw: Imports long tons.. Meltings, 8 ports.! long tons.. Stocks at refineries (end of month) long tons.. Refined, exports long tons.. Cane, domestic: Receipts at New Orleans long tons.. Prices: Wholesale, 96° centrifugal, N. Y dolls, per lb__ Wholesale, refined, N . Y....dolls. per lb..J Retail, average 51 cities....index number. Cuban movement: Receipts at Cuban ports long tons.. Exports _ long tons..; Stocks, end of month long tons.. 94,977 75,692 133,402 .396 101,774 .397 25,544 25,312 65,716 .195 55,839 .234 1,445 9,264 1,338 10,509 419,330 127,160 436,458 126,085 -0.8 176 1920 1919 1919 +18.0 156 1916-20 1919 12,533 11,273 -10.1 1919 1916-20 +9.3 +8.3 1913 1919 377,399 503,482 214,462 '2,348,848 2,566,264 259,654 2,721,017 2,946,995 367,971 22,32? 321,238 22,054 228,840 3,181 183,641 124,873 -32.0 672 1,076 39,353 25,707 -34.7 .051 .065 .051 .066 .009 .085 141,668 291,008 788,141 168,812 366,293 570,802 90,088 154,726 523,687 ...thous. of lbs. 110,101 136,627 69,541 thous. of bags. thous. of bagsthous. of bags. 5,020 760 1,110 4,351 873 540 5,524 1,031 4,795 7,252 thous. of bags. thous. of bags. 1,039 634 997 406 773 339 6,416 3,338 7,150 3,685 +51.2 +11.4 +10.4 thous. of lbs., 6,344 7,929 9,609 44,369 43,456 -2.1 1909-13 81 117 563 6,455 595 6,583 5S9 5,840 3,930 36,958 3,731 41,134 -5.1 +11.3 1913 1913 93 33,565 34,407 33,637 246,052 244,177 -0.8 33: 3,205,101 3,461,423 2,719,627 2,896,474 +44.4 +0.5 -20.7 +8.0 +6.5 -11.8 72 326,913 468,314 +15.4 +76.0 +7.3 +93.0 122 SO 1919 307 1909-13 1072 +0.9 +17.7 -16.2 -12.7 , +40.4 - 1 . 2 1+593.3 354 1018 240 108 1913 +103.0 -37.5 0.0 +26.1 1913 1913 1913 +1.5 +22.4 +1.3 +19.9 +8.0 +6.5 1919 1919 1919 +26.1 +08.3 +25.9 +57.8 -27.6 +9.0 +11.3 1909-13 Coffee Imports Visible supply: World— United States Receipts total, Brazil Clearances: Total, Brazil, for world Total, Brazil, for U. S 768,629 855,447 798 1913 1913 1913 146 +24.1 +87.4 42 41 116 -13.3 +14.9 -51.4 -21.2 +9.4 -47.6 -4.0 -36.0 +29.0 lift 8 105] 161 1913 1913 Tea Imports 72 51 77 96 +25.0 TOBACCO Consumption (tax-paid withdrawals): Large cigars millions.. Small cigarettes-millions.. Manufactured tobacco and snuff thous. oflbs» Exports: Unmanufactured leaf. thous. of lbs.. Cigarettes millions Sales of loose-leaf warehouses thous. of lbs Price, wholesale, Burley good leaf, dark red, Louisville dolls, per 100 lbs.. 55,854 1,216 1,698 33,813 745 591 46,866 1,308 247 25.38 24.50 28.00 2,023 1,159 533 2,097 1,196 538 2,338 1,556 401 268,197 7,127 120,860 356,265 6,568 161,000 +32.8 -7.8 +33.2 +5.7 +1.0 +0.4 +12.7 88 450 +2.5 1913 91 1909-13 1913 1919 149 677 1913 212 +2.3 -27.9 . -43.0 -39.5 -38.7 -65.2 1+139.3 212 192 -3.5 -12.5 TRANSPORTATION River and Canal Cargo Traffic Panama Canal: T ^ thous. of long tons. ^ l s - . t h o u s . of long tons.. vessels thous. of long tons.. 'June, 1923. 13,980 8,741 3,002 15,576 9,112 3,826 +11.4 +4.2 +27.4 1915 1915 1915 +3.7 -10.3 -23.1 +3.2 +34.2 +0.9 41 TREND OF BUSINESS MOVEMENTS- Continued NOTE.—Data on the following items for the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase CUMULATIVE TOTAL or deIUSE Correcrease FROM JANUARY 1 YCAIl sponding <-) TIIROUGII LATEST OR month, cumu- PERIOD MONTII June lative or July, 1924 1923 from 1923 1924 1923 N U M E R I C A L DATA period January, 1922, to June, 1924, may be found in the August quarterly issue of the 1934 June July RELATIVE NUMIIKKS IVr ceni fmxeruw (i-) or decrcmio (—) July Crom June TBAXSPORTATION-Continued Elver and Canal Cargo Traffic—Con. SaultSte. Marie Canal..thous. of short tons. 11,077 Cape Cod Canal tonsSuez Canal thous. of metric tons. " T 743 Ohio River, Pittsburgh, Pa., to Wheeling, W. Va..._. .....short tons.. 601,075 11,139 14,389 38,784 33,699 -13.1 1913 13S 144 10 "c~l,*668 "ii,*286" 127414 +i6*o "im" 143 171 193 -7.4 1922 210 215 138 203 +3.0 + 10.9 -2.3 +2.8 +10.1 -2.3 1913 11*13 134 115 1U7 85 1913 1V13 1913' 137 212 107 155 i 118 201> 134 j 88 1920 1020 21 439,861 641,431 6,311 2,625 3,687 6,637 2,820 3,817 6,843 2,460 4,378 36,959 14,995 21,967 38,086 16,020 21,462 6,060 2,489 3,572 6,629 2,724 3,905 6,960 2,612 4,348 37,209 15,127 22,0S0 38,235 16, CGI 21,576 3,265,746 3,023,830 112 147 -22.fi -12.2 Ocean Transportation Entrance, vessels in foreign trade: Total thous. of net tons.* American .. thous. of net tons.. Foreign ...thous. of net tons.. Clearances, vessels in foreign trade: Total thous. of net tons. American thous. of net tons. Foreign thous. of net tons., Freight rates, Atlantic ports to: United Kingdom .weighted index number. All Europe.-.!...weighted index number- 15* 210 102 134 +5.2 +7.4 +3.5 lift Im 20 20 28 25 22 - 4 . 3 j +10.0 j Freight Cars Surplus (daily av. last week of month): Box number.. Coal-_. .number., Total _ number.. Shortage (daily av. last week of month): Box __ number.. Coal numberTotal number.. Cars in bad order: Total cars.. Ratio to total in use percent.. Car loadings (monthly totals): I2 • Total.. thous. of carsGrain and grain products.-.thous. of cars.. Livestock -thous. of cars.. •:• Coal and coke ..thous. of cars.. Forest products ..thous. of cars.. Ore thous. <5f cars., Merchandise and misc thous. of cars.. _ Railroad Operations Revenue: Freight thous. of dolls.. Passenger thous. of dolls., Total operating thous. of dolls., Operating expenses ..thous. of dolls.. Net operating income: " Total thous. of dollsFreight carried...... mills, ton-miles.. Locomotives in bad order, per cent to total use: Total end of mo.. Per ct. in total use...... •„ P a s s e n g e r Travel Railroads: Pullman passengers carried... .thousands.. National parks: Visitors _ number.. Automobiles entered ..number.. Arrivals from abroad: Aliens ... number.. United States citizens... number.. Departures abroad: Athens number.. United States citizens.... number.. s s o r t s issued number.. 153,550 162,343 356,389 138,734 146,840 322,530 55,063 6,546 76,453 1919 1019 1919 42 6 31 40 64 94 13 150 2,733 4,774 9,570 1919 1919 1019 11 190 49 14 114 40 (ii) 194,869 8.5 202,864 8.9 189,014 8.3 1913 1913 125 135 124 122 118 110 4,445 188 148 725 341 204 2,750 3,527 174 108 578 239 221 3,944 171 122 797 280 331 2,244 2,197 387,343 102,851 '541,266 •417,011 95,970 465,655 364,174 65,529 31,950 33f 157 »87,624 38,518 67 n 124 255 174 (U) 2 -tt.fi j + 1 5 1 -s>!6 '+32i"y +333.3 -DC 6 +£ i -9S.4 l +4.1 +4.h <") -30.7 -10. C -7.4 ! +l.h -27.0 I - l l . f t - 2 0 . 3 j -27.5 -H.fi - 2 * , b i -33.2 26,713 1,256 032 4/J73 2,159 911 16,472 -4.4 +5.4 -0.5 -15.4 -0.9 -22.9 -0.0 1919 1919 1919 1919 1919 1919 1919 143 101 105 133 150 242 143 113 101 85 107 113 204 111 100 105 £7 82 72 123 43 115 2,271,723 2,068,495 529,013 339,203 3,098,000 2,870,931 2,445,461 2,273,226 -8.9 +58.9 -7.3 7.0 1913 1913 1913 1913 219 179 212 229 214 187 210 22S 194 14S 180 208 -12.4 -9.9 1913 1913 146 139 141 141 103 117 +3.S - 74 75 74 74 +0.0 +0.G -3.9 -5.0 -0.7 -1.0 27,947 1,192 937 5,881 2,179 1,181 16,478 445,988 263,996 390.718 237,795 1919 1919 74 75 11,034 17.1 11,105 17.2 11,555 18.1 3,118 3,097 3,157 19,320 19,428 +0.6 1913 153 152 129 903,491 111,054 +20.6 +64.4 1920 1920 234 244 613 817 85 29 S3 &4 -30.1 i 150 305 GO4 +9S.0 417 894 +100.0 210,196 32,330 416,121 64,654 422,185 59,044 749,181 67,548 55,370 21,320 22,773 20,927 98,581 20,637 419,390 147,781 316,874 149,052 -24,4 +0.9 1913 1913 ©9 47 87 21,322 33,504 22,207 24,240 43,822 12,536 22,254 30,808 11,074 101,300 166,737 91,861 120,776 188,072 106,773 +19.2 +12.7 +16.2 31 1913 35 44 69 1913 100 133 567 1001 1913 - 95S 42 111 1136 47,546 10,006 47,656 8,346 42,999 8,328 304,151 72,378 328,771 68,099 +&1 -5.1 1913 1913 335 252 327 224 35$ 279 8,808 10,992 1,459 8,910 11,160 l r 3S0 8,580 10,700 1,142 62,409 65,731 10,940 61,549 76,492 9,834 -1.4 +16.4 -10.1 1919 1919 1919 120 112 100 113 106 70 116 108 88 4,553 1,705 2,847 4,599 1,615 2,984 4,536 1,653 2,854 31,992 11,922 20,040 33,692 12,082 21,611 +5.3 +1.3 +7.8 1919 139 1919 jj 144 1919 i 136 140 136 142 140 153 142 140 160 141 2,692 1,341 4,285 2,778 1,391 5,038 3,037 1,174 3,170 '99,150 22,061 7,775 17,261 621,550 21,410 9,880 23,360 -3.0 +27.1 +35.3 +1.0 104 127 178 375 99 134 15S 429 92 146 240 400 47 149 -2. 1 19 I1 -58.9 85 j| -1.8 -76.9 +1.4 48 ji +13.7 146 642 j +8 +30.8 0 -43.6 +13.2 PUBLIC UTILITIES Telephone companies: » Operating revenues ..thous. of dolls.. Operating income thous. of dolls.. •telegraph companies: Commercial telegraph tolls.thous. of dolls.. Operating revenues thous. of dolls.. Operating income thous. of dolls.. Central electric stations: Production, electric p o w e r Total mills, of kw, hours.. By water power.-mills. of kw. hours., „ By fuels mills, of kw. hours.. Consumption of fuels— Coal thous. of short tons.. Od thous. of barrels.. r, G a s millions of cu. ft.. Gross revenue, sales.. thous. of dolls.. 104,020 •June, 1923. " Relative number less than 1. June loadings include five weeks while July loadings include only four weeks. 69C,050 1919 1919 1919 1913 101 j 112 i 160 1 381 +0.2 +10.8 -16.6 +0.2 +1.2 +3.8 +1.5 +4.3 -5.6 +20. S +3.2 +3.7 +17.6 42 TREND OF BUSINESS MOVEMENTS—Continued NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SUE VET (No. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase NUMERICAL DATA RELATIVE NUMBERS (+) 1921 Jifne I July Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH 192S 1921 or decrease (-) cumulative 1924 from 1923 BASE YEAR OR PERIOD 1923 Per cent , increase (+) or decrease (-) 1924 July from June July, 1924, from July, 1923 EMPLOYMENT (Index numbers relative to 1923) Number employed, by industries: Total, all classes Food products ---. Textiles Iron and steel— 1 Lumber • Leather Paper and printing -.• Chemicals—Stones, clay, and glass... Metals, exc. iron and steel i Tobacco products Vehicles • Miscellaneous Number employed, State and city reports: New York State thousands. Detroit ..thousands. Wisconsin index number. Illinois index numberMassachusetts index numberTotal pay roll: New York State thous. of dolls. Wisconsin index number. Average weekly earnings: New York State..—. dolls. Illihois_....Index number. Wisconsin index number. Massachusetts.----. ..index number. Earnings and Hours of Labor 1923 1923 1923 1923 1923 1923 1923 1923 1923 1923 1923 1923 1923 95 93 91 94 98 92 101 101 102 100 92 95 94 -3.4 0.0 -6.0 -5.9 -2.1 0.0 -1.0 -1.2 -5.1 -6.9 -1.2 -3.5 -15.0 -6.0 -19.4 -21.6 -9.7 -13.5 -2.0 -14.3 -8.7 -19.8 -5.1 -16.8 -18.0 -3.9 -14 7 +1.1 4S9 196 470 197 551 220 1914 1920 1915 1922 1922 110 130 123 107 92 +0.5 -10.5 +4.5 -7.9 -5.0 - 1 1 3 13,317 12,741 15,184 1914 1915 245 276 -15.3 -16.1 -2.5 -11.6 27.21 27.1! 27.54 1914 1915 1922 1922 223 112 226 219 25.44 28.52 30.19 22.94 15.95 26.66 28.52 30.35 23.04 17.44 1914 1914 1914 1914 1914 49.4 45.4 25.12 27. o; 28.62 21.95 15.76 49.6 44.8 49.9 49.5 1914 1914 26,978 13,939 13,039 22,069 13,416 8,653 22,453 14,961 7,492 193,665 121,737 71,928 202,713 118,334 84,379 -2,8 +17.3 1913 1913 1913 27,210 15,485 1,316 6,478 240 1,877 170 3,370 157 27,319 15,950 1,32S 23,920 14,002 1,225 5,746 220 1,619 166 2^533 147 165,096 95,705 185,307 107,235 +12.2 +1210 1913 1913 -0.3 -2.7 -6.4 0.0 -0.9 -1.9 213 214 214 215 223, -1.3 -5.1 -5.2 -4.3 -1.2 -5.8 -5.1 -5.7 -4.7 -9.6 91 96 -0.6 -1.3 -0.6 -9.5 -18.2 -3.8 -33.6 -1.7 -10.3 +15.5 (National Industrial Conference Board) Average weekly earnings: Grand total (both sexes) dollars. Total, male dollars. Skilled, male dollars. Unskilled, male dollars. Total, women dollars. Average weekly hours: Nominal (both sexes) hours, Actual (both sexes) hours, DISTRIBUTION MOVEMENT Mail-order houses: Total sales thous. of dolls. Sears, Roebuck & Co thous. of dolls, Montgomery Ward & Co..thous. of dolls. Ten-cent stores: Total sales thous. of dolls, F. W. Woolworth & Co...thous. of dolls. Number of stores operated S. S. Kresgc Co thous. of dolls. Number of stores operated... McCrory Stores Corp tbous. of dolls. Number of stores operated S. H. Kress <fc Co thous. of dolls. Number of stores operated Restaurant chains: Total sales, 2 chains thous. of dolls. Stores operated number. Child's Co thous. of dolls. Waldorf system thous. of dolls. Chain stores: J. C. Penney Co thous. of dolls.. Number of stores.. United Cigar Stores Co.. .thous. of dolls., Number of stores , A. Schulte (Inc.) thous. of dolls.. Number of stores Owl Drug C o . . . . thous. of dolls.. Number of stores Magazine advertising (for following month) thous. of lines Newspaper advertising.-...-.thous. of lines" Postal receipts, 50 selected cities...... ...thous. of dolls.. Postal receipts, 50 industrial cities.. thous. of dolls.. Money orders: Domestic paid (50 cities)— Quantity.. —.number.. ^ v ah?e thous. of dolls.. Domestic, issued (50 cities)— Quantity... number.. Value... thous. of dolls.. Foreign issued....... thous. of dolls. J <* Revised. 2,866 221 1,820 1,040 "•in 3,099 158 2,940 221 1,900 1,010 2,955 208 1,852 1,103 5,627 500 5,914 2,508 1,766 250 1,390 85 4,748 501 5,741 2,495 1,800 251 1,439 1,658 97,663 1,408 1,505 76,408 »82,185 22,728 21,046 2,597 2,350 10,659 77,450 9,712 72,940 8,865 67,862 2,894 28,405 3,050 2,724 28,018 3,225 23,524 2,433 • 84 3,888 384 5,929 2,496 1,555 245 1,423 73 41,358 45,727 "l6,"692 "l2,"623 +4.7 20,820 20,841 "13,-236' 7,605 7,720 34,400 41,327 "16,-558 +18.T 1913" "1913" +0.1 + —1.5 +20.2 -41*212 12,305 +2.6 116 109 112 "+2.*6 268' + 266" 267* 256" 132 -0.6 136 144 132 +221 1913 2382 [1767 2705 |2792 2558 2158 -15.6 " -£2 •-2.-9 '1913" 257" 24T 240* 263" 240" 233" 0.0 +1.9 1919 •+3.*5 1920 112 1913 1920 259" '261 139 140 "8,-335 +16.5 +36.-4" "15,038 676,414 "16,081 672,386 +6.9 -0. 6 1913 1919 170,011 177,843 +4.6 1919 +7.9 1922 17,643 19,036 72,3k 73,765 581,808 •-L5 "•+L2 +17.1 "-§.'6' +22J +I6.T "lolf ~19,"727 ~13,"I6o +0.4 +14.2 +3.0 +13.9 113 113 1919 +2.0 1919 +9.6 2,535 20,818 +12.6 1919 134 162 18*485 26,680 192,378 207,792 1919 +8.0 123 140 3,371 19,108 21,413 +12.1 1919 111 J1 108 13 Cumulatives for 8 months' period, January to August, inclusive. 530,840 a4 -15.1 -21.8 -7.0 -3.4 +S.0 +6.7 +10.$ -8.9 -5.8 -5.9 -1.4 +5.7 +7.5 43 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct. Increase N U M E R I C A L DATA NOTE.—Data on the following Items for the period January, 1922, to June, 1924, m a y be found in the August quarterly issue of the SUSVEY (No. 30). Detailed tabulations of several new items appear a t the end of this issue. See Contents, p . 1 RELATIVE N U M B E R S Per cent crpjuso (-4-) or decrease (—) <+) 1924 June July Corresponding month, June or July, 1923 CUMULATIVE TOTAL FBOM JANUARY 1 THROUGH LATEST MONTH 1923 1934 or decrease !! (-) cumulative 1924 from 1923 RASE YE Alt OK tm PERIOD July from Juno July, ltfM, from July, 1023 -4S.4 DISTRIBUTION MOVEMENT—Con. Internal-revenue taxes collected: Firearms and shells thous. of dolls._ Jewelry, watches, and . clocks thous. of dolls._ Bonds and stocks issued and conveyances thous. of dolls__ Capital stock transfers thous. of dolls.. 265 321 622 2,423 1,234 -49.1 1919 +21.1 1,414 1,588 1,550 14,196 14,970 +5.5 1919 +12.3 +2.3 3,016 536 2,405 629 3,842 672 28,811 5,873 24,494 5,113 -15.0 -12.9 1919 1919 -20.3 +17.4 -37.4 -6.4 208 674 187 596 114 194 609 99 1,380 4,816 1,121 4,846 748 +3.3 +0.6 -33.3 1913 1913 1913 275 182 9120 -10.6 -11.6 +15.2 -3.0 -2.1 +15.2 803 6,200 6,274 +1.2 1913 199 -11.3 -2.5 BANKING AND FINANCE Life I n s u r a n c e (Association of Life Insurance Presidents)1* Policies, new (45 companies): Ordinary thous. of policies., Industrial ; thous. of policies. Group . . . . . . . n u m b e r of contracts. Total insurance.___thous. of policies and contracts., Number of persons insured; Total number*. Group i n s u r a n c e - . . . numberAmount of new insurance (45 companies): Ordinary „ thous. of dolls.. Industrial.:. i thous. of dolls-, Group -.._._^_ thous. of dolls. Total insurance .thous. of dolls. Premium collections (45 companies): Ordinary —thous. of dolls.. Industrial thous. of dolls. Group „„ thous. of dolls. . Total. thous. of dolls.. Admitted life insurance assets: Grand total (41 companies) .mills, of dolls. Mortgage loans— Total _ mills, of dolls. Farm -..L mills, of dolls. Allother _ mills, of dolls. 883 783 896,096 13,217 800,887 17,878 573,508 154,495 21,519 749,521 536,897 135,015 31,343 703,255 134,071 32,744 2,281 169,096 144,580 30,758 2,897 178,217 8,063 8,133 3,120 1,396 1,724 1,426 270 '0 SO 200 2240 2220 -10.0 4-35.3 3,618,743 3,923,982 1,015,962 1,101,906 216,682 201,721 4,851,387 5,227,607 +8.4 ^$5 -6.9 +7.8 1913 1913 1913 1913 402 355 284 256 3164 1243 395 336 400 374 405 305 334 298 208 J550 »16 1210 1805 10 3J>0 357 398 -6.4 -12.6 +45.7 -0.2 885,070 +27.0 +11.7 +23.5 +23.6 1913 1913 1913 1913 257 250 271 268 4919 5361 263 258 332 271 rooo 349 344 371 306 304 285 6764 6336 7W7 340 353 +7,8 -0.1 +20.2 +5.4 7,429 1923 100 324 109 110 +0.9 3,162 1,416 1,745 2,725 1,281 1,444 1923 1923 1923 101 102 101 116 111 120 117 112 122 3,413 1,111 1,845 360 97 3,424 1,103 1,855 370 97 3,335 1,215 1,758 282 79 1923 1923 1923 1923 1923 100 100 101 101 103 107 113 110 116 102 93 104 123 119 103 91 105 128 125 103 90 .06 31 996 534 1,004 543 930 440 1923 1923 100 106 113 107 116 515,271 208,688 113,596 73,178 72,375 47,434 591,346 232,179 125,260 97,648 73,245 63,014 534,075 191,717 119,248 92,920 69,925 60,265 3,863,359 1,496,121 839,994 636,457 509,524 381,263 4,160,675 1,708,652 903,772 622,713 510,983 414,555 +7.7 +14.2 +7.6 -2.2 +0.3 +8.7 1921 1921 1921 1921 1921 1921 21,469 18,662 18,321 18,184 144,191 132,952 148,901 130,563 +3.3 1919 1919 21,127 16,240 16,646 15,395 12S,873 110,376 140,592 110,900 +9.1 +0.5 294 1,762 531 3,260 2,165 83.0 508,757 132,798 21,570 663,125 1 97,406 28,877 1,930 128,213 697,102 195,602 13,870 905,570 218,582 17,128 1,120,779 Bonds and stocks (book values): Total mills, of dolls. Government mills, of dolls. Railroad ^ ..mills, of dolls. Public utilities . . . . . m i l l s , of dolls. All others. mills, of dollsPolicy loans a n d premium notes _ mills, of dolls. Other admitted assets mills, of dolls. 170 200 +5.5 +1.7 +413 +0.1 +48.4 +6.f» +49. 2 +y o +9.5 +1.3 +16.0 +1.4 +10.5 +1.2 +20.8 +0.3 +2.7 -0.7 -8.2 +0.5 +5.5 + 1 8 +31.2 0.0 + 22.8 +G.S +8.0 +1.9 +23.4 (Life Insurance Sales Research Bureau) Sales of ordinary life insurance (81 companies): United States total w.thous. of dolls.. Eastern manuf. d i s t r i c t . - . t h o u s . of dolls.. Western manuf. district...thous. of dolls.. Western agric. district thous. of dolls.. Southern district thous. of dolls.. Far Western district thous. of dolls.. +14.8 +11.3 +10.3 +33.4 +1.2 +32.8 + 10.7 +21.1 +5.0 +5.1 +4.7 +4,6 108 1CM -2.1 +2.0 + 17.2 +2.6 1913 1913 253 266 +5.9 +6.4 +20.9 +S.5 761 2,195 273 3,200 1,897 78.2 1919 1919 1919 1919 1919 1919 IS 70 SO 149 100 105 12,265 4,987 12,233 11,716 4,528 11,078 1921 1921 1919 102 143 112 2.10 3.53 5.00 4.94 1913 1913 68 7,070,720 6,625,604 1,256,927 1,192,585 1,974,972 1,854,810 461,876 489,816 430,014 479,171 289,348 317,903 218,777 228,026 858,068 902,603 129,740 138,176 SS.S20 90,656 105,136 108,921 60,306 66,824 936,123 1,016,725 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 Banking Debits to individual accounts: 21,926 New York City mills, of dolls.. 18,304 Outside N e w York C i t y . . . m i l l s , of dolls.. Bank clearings: 19,958 New York C i t y . . mills, of dolls., 15,264 ^ Outside N e w York C i t y . . . m i l l s . of dolls., •federal reserve banks: 350 Bills discounted mills, of dolls.. 1,844 Notes in circulation mills, of dolls.. 476 Total investments mills, of dolls. 3,271 Total reserves mills, of dolls. 2,108 Total deposits mills, of dolls.. 82.8 Reserve r a t i o . . . per c e n t . . -* ederal reserve member banks: 12,142 Total loans and discounts..mills, of dolls.. 4,827 Total investments mills, of dolls.. 11,837 Net demand deposits mills, of dolls.. Interest rates: 2.25 New York call loans per cent— 3.91 Commercial paper, 60-90 days,..per c e n t . . Savings deposits, b y Federal reserve districts (balance to credit of depositors): Total, 843 banks thous. of dolls.. 7,089,775 Boston, 64 b a n k s . . . . . . t h o u s . of dolls.. 1,256,624 N e w York, 30 b a n k s . . t h o u s . of dolls.. 1,981,700 Philadelphia, 78 banks-thous. of dolls.. 488,816 Cleveland, 18 b a n k s . ^ t h o u s . of dolls.. 467,618 Richmond, 91 b a n k s . _thous. of dolls.. 315,352 Atlanta, 96 banks thous. of dolls.. 234,474 Chicago, 209 b a n k s . . . . t h o u s . of dolls.. 916,257 St. Louis, 32 b a n k s . . . . t h o u s , of dolls.. 138,550 90,892 Minneapolis, 15 banks.thous. of dolls.. Kansas City, 56 banks.thous. of dolls.. 111,942 68,035 Dallas* 85 banks thous. of dolls.. San Francisco, 72 banks.thous. of dolls. 1,019,515 • June, 1923. 14 See detailed tabulation, page 48. -1.8 122 115 121 117 125 129 130 115 143 124 132 134 133 122 115 121 119 125 128 130 114 143 124 130 135 134 129 120 127 125 135 137 135 120 152 130 135 14' 143 129 121 127 125 136 137 130 120 154 125 136 147 143 130 121 12* 125 135 140 139 122 153 127 13 -10.0 -61.4 -4.4 -19.7 +11.6 +9i. 5 -0.3 +1.9 +2.7 +14.1 ao +5.8 +1.0 +4.7 +3.3 + 10.1 +3.3 + 10.4 -5.9 -57.9 -9.9 -28.1 130 121 129 126 139 141 135 120 153 126 135 149 14 -0.3 0.0 -0.3 +0.2 +2.5 +0.8 -2.7 -1.5 -0.3 -0.3 -2.7 -1.8 -0.3 +6.7 +5.3 +0.5 +6.0 +11.4 +9.9 +4.2 +5.2 +6.5 +2.1 +3.6 +10.8 +S.6 44 TREND OF BUSINESS MOVEMENTS—Continued NUMERICAL DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY ( N O . 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 In many cases August figures are now available and may be found in the special table on page 23 Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUABY 1 THROUGH LATEST MONTH 1923 Per ct. increase (+) or decrease (-) cumulative 1924 from 1923 RELATIVE NUMBERS BASE YEAR OR PERIOD June July 132,655 132,756 131,726 1913 thous. of dolls.. 3,267,717 3,267,064 3,040,789 1913 Per cent Increase (+) or decrease (-) 1923 July from Jne July, 1924 from July, 1923 BANKING A N D FINANCE—Continued Banking—Continued U. S. Postal Savings New York State savings banks thous. of dolls.. 331 334 335 +0.1 +0.8 0.0 186 Public Finance Government debt: Interest-bearing Total gross debt Short-term debt Customs receipts Total ordinary receipts Expenditures chargeable to ordinary receipts Money in circulation: Total Per capita of dolls.. of dolls.. of dolls.. of dolls.. of dolls.. 20,981 21,251 7,953 43,276 601,580 20,991 21,254 7,963 43,945 195,704 21,959 22,271 5,436 43,225 205,742 356,230 2,341,828 319,823 2,238,301 -10.3 -4.4 " 1919 " 1919 »1919 H913 U913 thous. of dolls.. 288,055 207,995 242,222 2,085,210 1,839,360 -11.8 U913 mills, of dolls.. dollars.. 4,755 42.20 4,665 41.36 4,696 42.16 34,099 36,813 35,721 295,101 341,273 16,646 14,810 2,643 20,022 12,421 4,370 19,139 10,701 5,881 144,133 122,657 28,311 195,753 117,659 27,860 +15.6 +35.8 -4.1 -1.6 1,607 439 1,054 84 1,615 416 1,124 75 1,231 350 10,955 2,771 7,818 12,400. 3,187 8,513 570 +15.0 +8.9 +55.7 396,880 198,370 187,550 106,440 54,260 29,175 3,895 . 79,870 43,900 31,175 4,795 mills, mills, mills, thous. thous. 189 1046 84 85 103 171 316 -67.5 -4.4 -4.6 +46.5 +1.7 -4.9 581 423 -27.8 -14.1 -2.0 -0.7 -1,9 87 L* 1919 « 1919 93 100 95 0.0 0.0 +0.1 +1.5 93 Business Failures Liabilities: Total commercial thous. of dolls.. Manufacturing establishments thous. of dolls.. Trade establishments thous. of dolls.. Agents and brokers thous. of dolls.. Firms: Total commercial number.. Manufacturing establishments..number.. Trade establishments number.. Agents and brokers number.. 828 53 +13.2 +3.1 +4.6 - 1 6 . 1 +16.1 +65.3 -25.7 +8.0 +20.3 1913 157 160 1913 1913 1913 185 112 205 171 160 122 1913 1913 1913 1913 92 136 144 131 174 1913 127 -50.0 +5.8 1913 1913 1913 1913 111 111 124 87 -25.0 -19.1 +3.0 +2.8 +1.« +12.8 +0.5 +31.2 +18.9 +35.7 -10.7 +41.5 -5.2 +6.6 Dividend and Interest Payments (For following month) Grand total . . . t b o u s . of dolls.. Dividend payments: Total thous. of dolls.. Indus, and misc. corp thous. of dolls.. Steam railroads ..thous. of dolls.. Street railways thous. of dolls.. 3 2,395,351 "2,526,530 77,550 "679,330 42,700 "363,415 30,600 "205,605 4,250 "53,370 "709,556 "376,970 "212,845 "53,086 +5.5 +4.4 +3.7 +3.5 -a 5 +6.9 +23.1 New Capital Issues Total corporations (Commercial and Financial Chronicle): Purpose of i s s u e New capital ..thous. of dolls.. 252,854 Refunding thous. of dolls.. 63,221 Kind of issue— Stocks thous. of dolls.. 30,884 Bonds and notes thous. of dolls.. 285,191 Bond issues classified— RailroadsNew capital thous. Of dolls.. 106,342 Refunding thous. of dolls.. 43,000 Public utilities— New capital thous. of dolls.. 95,486 Refunding thous. of dolls.. 50,021 Industrials— New c a p i t a l thous. of dolls.. 14,019 Refunding thous. of dolls.. 200 Total corporations (Journal of Commerce) thous. of dolls.. 290,053 States and municipalities: Permanent loans thous. of dolls.. 285,637 Temporary loans thous. of dolls.. 52,391 New incorporations thous. of dolls.. 455,022 Agricultural Loans B y land banks: Total closed . . . t h o u s . of dolls.. Federal farm loan b a n k s . , t h o u s . of dolls.. Joint-stock land banks thous. of dolls.. B y War Finance Corporation: With banks and livestock loan companiesAdvancements thous. of dolls.. Repayments thous. of dolls.. Balance thous. of dolls.. w With cooperative market associations— Advancements thous. of dolls.. Repayments thous. of dolls.. aalance thous. of dolls.. • June, 1923. 198 223 -22.8 +93. -37.7 +169.9 279 157 +29.1 +83.6 - 1 6 . 1 +116.7 195,118 43,184 130,530 130,530 "1,600 "~ 1,670,529 ' -406,033 --'-• 1,904,920 257,516 +14.0 -36.6 1920 1920 39,876 239,302 21,715 110,415 470, 111 1,607,450 553,917 1,639,395 +17.8 .+2.0 1920 1920 60,829 -15,200 16,780 0 252 788 26 073 412,360 +63.1 109,239 +319.0 1919 1919 175 202 851 1279 1453 1466 -52.2 +202.9 0.0 -64.7 73,736 18,177 24,780 300 385 523 159 528 799,071 +107.3 120,303 - 2 4 . 6 1919 1919 697 254 2841 979 1058 -22.8 +197.6 - 6 3 . 7 , +505.9 9,763 10,807 43,635 800 -49.3 -43.6 1919 1919 409 517 481 456 132 21 -30.4 +440.4 -77.6 +35.1 275,834 237,258 -25.1 1920 238 132 211 -4.9 +16.3 +36.4 +53,7 -27.0 1913 1913 1913 502 101 814 353 201 302 839 130 264 -63.3 +30.5 +25.8 +55.2 +9.8 -21.1 -8.0 -7.5 -9.3 -35.4 -18.2 -56.5 +6.0 +16.6 -52.0 -34.8 104,850 68,353 572,196 67,548 62,203 724,920 419 331 79 043 ' 2,370,935 ' 683 648 3O8',317 6,062,965 18,203 12,891 5.312 16,745 11,928 4,817 25,930 14,586 11,344 272,801 119,981 152,820 151,760 109,459 42,301 -44.4 -8.2 -72.3 1919 1919 1919 448 1,576 62,488 422 1,671 61,239 362 3,478 10,848 53,622 757,732 7,413 14,075 448,593 -31.7 -73.8 -40.8 1922 1922 1922 0 6 1,293 0 23 1,270 0 1409 7,347 7,325 11,756 71,279 149 1,127 11,305 -98.0 -90.4 -84.1 1922 1922 1922 tine, inclusive, ending the year Indicated. i* period January to August, inclusive. 212,541 44,582 1,776,149 932,239 473,760 4,424,650 141 120 116 133 0.0 0-0 -98.4 j -82.7 45 TREND OF BUSINESS MOVEMENTS-Continued NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this Issue. See Contents, p. 1 In many cases August figures are now available and may be found in the special table on page 23 Per ct. increase NUMERICAL DATA RELATIVE NUMBERS <+) 1924 Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH or do* crease (-) cumulative 1924 from i 1923 BASE YEAR OR PERIOD 1923 Per cent increase ( + ) ar decrease (—) 1924 July from Juno June July thous. of dolls., tbous. of dolls.. 2,919 27,286 3,498 28,246 +10.8 thous. of dolls.. thous. of dolls-. 3,713 20,712 2,918 21,279 -21.4 +2.7 108.93 65.07 84.83 113.53 68.39 88.44 1923 mi July, 1024, from July, 1923 BANKING AND FINANCE-Con. Federal Intermediate Credit Banks Direct loans: Closed Balance end of month Bediscounts: Closed Balance end of month Stocks a n d Bonds Stock prices, closing: 25 industrials, average. dolls, per share.. 25 railroads, average dolls, per share.. 103 stocks, 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 prices: Highest-grade rails.p. ct. of par, 4% bond.. Second-grade rails-.p. ct. of par, 4% bond.. Public utility p. ct. of par, 4% bond.. Industrial p. ct. of par, 4% bond.. Comb, price indes_.p. ct. of par, 4% bond_. 5 Liberty bonds p. ct. of par. 16 foreign governments and ~ « , nmenx5 ana D o w city........ city—. p. ct. of par.. m Comb, price index, •—* bond - •yield.. -— eebonds.p. ct. of par.. Municipal ..per cent., Gold a n d Silver Gold: Domestic receipts at mint fine ounces.. Rand output thous. of ounces.. Imports..... thous. of dolls.. Exports..... tbous. 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.. 102.52 58.07 82.87 +4.2 +5.1 1913 1913 1921 138,868 -4.8 1913 1,235,583 1,563,896 497,250 573,639 1,732,833 2,137,535 +26.6 +15.4 +23.4 1919 1919 1919 16,803 24,226 12,668 287,519 102,855 390,374 273,131 68,014 341,145 123,068 61,747 184,815 85.84 72.49 69.08 73.01 74.59 102.49 87.22 73.58 70.93 73.48 75.81 102.97 82.78 67.70 65.70 71.68 71.40 98.95 1915 1915 1915 1915 1915 1921 102.05 96.35 4.15 102.41 96.91 414 100.52 93.54 4.29 1921 1921 1913 65,443 733,000 25,181 90,089 829,437 18,834 327 92,535 754,306 27,929 523 513,069 5,270,855 159,861 22,813 559,265 5,492,496 245,076 4,182 +9.0 +4.2 +53.3 -81.7 1913 1913 1913 1913 +37.7 +112 -25,2 +22.0 5,228 4,870 8,648 .667 34.758 4,492 9,190 .672 34.509 6,406 10,066 6,233 .630 30.923 39,987 39,098 31,493 36,552 41,647 60,768 -8.6 +6.5 +93.0 1013 1913 1913 1913 1913 -14.1 +46.4 +6.3 +O.7 -0.7 4.32 .053 .043 .046 .374 .265 .177 4.37 .051 .043 .046 .379 .266 .182 4.58 .059 .043 .049 .392 .265 .176 Par Par Par Par Par Par Par +1.2 .411 .305 .414 .313 .488 Par Par .984 .739 .108 .106 .993 .741 .099 .101 .974 .777 .104 .126 Par Par Par Par Par 274,015 276,819 287,434 2,375,054 2,126,504 -10.5 1913 80,189 10,611 4,832 24,480 82,040 10,720 12,502 5,049 23,050 83,171 9,818 13,166 5,729 28,152 694,956 86,183 90,924 52,070 263,768 602,352 81,676 75,883 39,056 196,351 -13.3 -5.2 -16.5 -25.0 -25.6 80,019 33,031 81,137 32,115 77,486 36,038 637,370 234,857 635,9S9 232,205 38,368 7,108 41,368 6,494 32,105 10,670 301,381 92,051 70,605 21,529 4,834 69,326 26,755 2&47 90,582 30,179 4,089 676,584 202,570 64,763 7,128 145,870 +10.7 + 17.8 +4.3 +C.7 +412 +01.2 -fl.O +121.9 -33.9 +10.1 -12.6 +S4.G 127 +1.0 +1.0 +2.1 0.0 +2.1 0.0 +0.0 +0.9 0.0 +5.4 +7.8 +7.9 +2.0 +6. 5 +3.8 +1.3 +3.0 -2.1 i +10.0 -32.6 -37.5 -10.9 -29.2 +47.4 +6.7 + 11.6 FOREIGN EXCHANGE RATES Europe: England dolls, per £ sterling.. France .dolls, per franc. Italydolls, per lire.. Belgium dolls, per franc. Netherlands dolls, per guilder.. Sweden dolls, per krone.. Switzerland dolls, per franc. Asia: Japan.._._„ dolls, per yen.. India.... ..dolls, per rupee.. Americas: Canada.........dolls, per Canadian doll.. Argentina dolls, per gold peso.. Brazil dolls, per milrels.. Chile dolls, per paper peso.. n General index foreign exch index number.. U. S. FOREIGN TRADE Imports grand total . . . . . . . t h o u s . of dolls.. By grand divisions: EuropeTotal thous. of dolls.. France thous. of dolls.. Germany. thous. of dolls.. Italy thous. of dolls.. United Kingdom thous. of dolls.. North AmericaTotal thous. of dolls.. Canada thous. of dolls.. South AmericaTotal ..thous. of dolls.. Argentina thous. of dolls.. Asia and Oceania— Total thous. of dolls.. Japan thous. of dolls.. Africa, total thous. of dolls.. 91 64 -3.8 0.0 0.0 +1.3 +0.4 +2.8 -4.6 -13.6 0.0 -6.1 -3,3 +0.4 +3.4 +O.7 +2.6 -15.2 +L0 +0.8 +0.3 +2.0 -4.6 -4.8 -19.8 -6.3 -8.3 -4.7 -1.7 217 203 183 185 +1.0 1913 1913 1913 1913 1913 117 117 97 64 107 115 111 81 69 105 108 114 93 81 110 102 + 14.1 +17.8 +4.5 -5.8 +9.2 -5.0 -11.9 -18.1 -0.2 -1.1 1913 1913 291 2S0 2S6 282 246 279 250 271 +1.2 -2.8 +4.7 -10.9 272,828 50,023 -9.5 -45.7 1913 1913 200 349 235 352 232 334 250 305 +7.8 -8.6 +28.9 -39.1 £68,346 177,545 46,989 -16.0 -12.4 -27 4 1913 1913 1913 397 300 356 317 330 162 268 261 244 263 324 149 -1.8 +24.3 -39.0 -25.1 -11.3 -27.9 214 102 no 03 156 127 +2.3 -3.7 -1.4 46 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct. {increase NUMERICAL DATA NOTE.—Data on the following Hems for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY ( N O . 36). Detailed tabulations of several new items appear at the end of this issue. Bee Contents, p. 1 1924 June July 88,625 89,171 34,234 39,145 41,734 48,420 Corresponding month, June or July, 1923 CUMULATIVE FROM TOTAL JANUA'BY THROUGH MONTH (+) or de- 1 LATEST . crease C-) cumulative 1924 from 1923 RELATIVE NUMBERS BASE YEAR OR PERIOD Per cent , increase (+) or decrease (-) 1923 July from June July, 1924, from July, 1923 1923 1924 107,047 923,721 717,380 -22.3 1913 +0.6 -16.7 23,783 205,640 243,674 +18.5 1913 +14.3 +64.6 40,389 37,590 351,960 355,611 +1.0 1913 -3.2 +7.4 45,270 56,169 449,887 377,765 1913 -6.5 -19.4 60,587 416 62,108 736 62,492 353 437,716 6,130 422,811 9,263 -16.0 -3.4 +51.1 1913 1913 306,475 276,739 302,186 2,247,745 2,366,468 +5.3 1913 141,949 21,321 18,033 12,042 51,778 126,071 13,179 12,836 8,142 127,295 16,578 24,935 9,148 45,006 1,075,789 136,663 168,734 85,606 425,591 1,183,154 141,499 218,118 92,391 452,528 +10.0 +3,5 +29.3 +7.9 +6.3 1913 1913 1913 1913 1913 -11.2 -38.2 -28.8 -32.4 84,427 47,762 83,337 45,213 95,371 58,856 634,509 388,312 579,740 324,865 -8.6 -16.3 1913 1913 -1.3 -5.3 -12.6 -23.2 25,860 8,987 8,778 23,604 9,604 158,838 68,408 170,726 61,491 -10.1 +7.5 1913 1913 -9.7 -2.3 -1.1 -8.6 48,913 9,563 5,325 298,682 8,423 4,956 270,697 50,358 18,220 5,559 295,725 341,889 128,748 36,720 2,202,123 392,674 137,979 40,174 2,310,396 +14.9 +7.2 +9.4 +4.9 1913 1913 1913 1913 -20.2 -11.9 -6.9 -9.4 -22.5 -53.8 -10.8 -8.5 62,387 55,972 60,531 512,433 608,293 +18.7 1913 -10.3 -7.5 15,021 12,673 19,510 155,327 94,378 -39.2 1913 -15.6 -350 34,035 37,367 37,517 334,552 312,962 -6.5 1913 +9.8 -0.4 50,462 46,340 49,337 327,060 355,809 1913 -8.2 -6.1 136,450 327 118,126 319 128,640 190 -8.2 +67.9 88,501 40,421 25,810 108,115 47,534 31,693 76,818 35,188 20,991 615,576 289,942 21,823 28,190 20,272 3,814 7,800 71,283 4,646 8,286 49,458 10,024 1,715 5,813 U. S. FOREIGN TRADE— Continued Imports—Continued By class of commodities: Crude materials for use in manufacturing thous. of dolls. Foodstuffs in crude condition and food animals thous. of dolls. Foodstuffs, partly or wholly manufactured thous. of dolls. Manufactures for further use In manufacturing thous. of dolls. Manufactures ready for consumption ..thous. of dolls. Miscellaneous thous. of dolls. +2.5 -0.6 +77.3 i+108.5 Exports Grand total, including reexports thous. of dolls. By grand divisions: EuropeTotal thous. of dolls. France thous. of dolls. Germany thous. of dolls. Italy thous. of dolls. United Kingdom thous. of dolls. North AmericaTotal thous. of dolls. Canada thous. of dolls. South AmericaTotal thous. of dolls. Argentina thous. of dolls. Asia and Oceania— Total thous. of dolls. , Japan thous. of dolls. Africa, total .-thous. of dolls. Total, domestic exports only, .thous. of dolls. By classes of commodities: Crude materials for use in manufacturing thous. of dolls., Foodstuffs in crude condition and food animals thous. of dolls.. Foodstuffs partly or wholly manufactured thous. of dolls. Manufactures for further use in manufacturing thous. of dolls. Manufactures ready for consumption thous. of dolls. Miscellaneous thous. of dolls. TRADE AJSD INDUSTRY OP FOREIGN COUNTRIES United Kingdom Imports (value): Total _ thous. of £ sterling. Food, drink, tobacco.thous. of £ sterling. Raw material thous. of £ sterling.. Manufactured articles thous. of £ sterling. Exports (value): Total thous. of £ sterling. Food, drink, tobacco.thous. of £ sterling.. Raw material thous. of £ sterling.. Manufactured articles thous. of £ sterling.. Reexports (values): Total thous. of £ sterling.. Food, drink, 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.. osi o. v 't Stocks, zinc Employment: Trade-unions thous. of metric t o n s . . short tons..! 146 168 161 148 134 -9.7 -8.4 -1.0 -20.5 -48.5 -11.0 +9.3 +25.8 935,644 3,510 +7.7 -3.1 1913 1913 -13.4 -2.4 706,559 310,830 223,785 +14.8 +7.2 +27.1 1913 1913 1913 +22.2 +40.7 +17.6 +35.1 +22.8 +51.0 146,854 168,267 +116 1913 +29.2 +39.1 59,503 3,131 10,835 442,178 22,346 78,503 459,744 29,962 64,110 +4.0 +34.1 -18.3 1913 1913 1913 +14.9 +19. & +21.8 +48.4 +&2 57,172 44,734 334,385 +7.2 1913 +15.6 +27.8 10,174 2,299 4,890 7,799 1,711 4,619 71,661 12,439 44,612 +17.6 +35.5 +7.0 1913 1913 1913 3,623 r 84,300 16,854 47,724 2,494 2,968 2,464 15,570 347,208 384,428 316,601 2,426,515 2,610,687 19,274 325 4,882 26,489 341 5,488 20,543 308 6,767 122,474 2,529 46, 611 131,920 2,369 36,619 657 22,856 751 616 693 21,891 393 655 624 21,812 1,342 4,459 5,096 165,600 4,411 5,151 164,706 19,675 92.8 +26.4 +7.6 +7.7 -6.3 -21.4 -1.1 +1.1 -0.5 +1.5 +30.5 +34.1 +34.4 +5.9 +20.5 1913 1920 1920 1913 1913 79 80 82 90 1913 1913 1913 71 03 94 3 72 108 90 2 1913 " 91 ' 91 II 94 I 95 I 95 15 p. c t. employed.. « June 1923. +8.8 155 Nine months average, April to December, inclusive. +19.0 +10.7 +21.4 +37.4 +28.9 +4.9 +10.7 +12.4 +1.3 -6.0 +11.1 ^55 ^5 -4.2 -47.7 -70.7 TREND OF BUSINESS MOVEMENTS—Continued In many cases August figures are now available and may be found in the special table on page 23 Per ct. Increase N U M E R I C A L DATA NOTE.—Data on the following items for the period January, 1922, to June, 1924, may be found in the August quarterly issue of the SURVEY (NO. 36). Detailed tabulations of several new items appear at the end of this issue. See Contents, p. 1 ( 1924 June July 14,010 15,544 Corresponding month, June or July, 1923 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH LATEST MONTH i? or decrease (-) cumu> 1 stive 1924 from 1923 RELATIVE NUMI1EKS BASE YEAR OR PERIOD 1923 1024 13,183 92,263 103,983 +12.7 1920 72,631 88,221 77,074 84,478 539,473 513,161 486,912 563,680 -9.7 +9.8 1913 1913 2,855 3,214 24,075 2,079 19,929 16,135 1,362 13,297 12,665 16,838 27,194 75,452 26,894 30,227 125,061 +59.7 +11.2 +65.7 1913 1913 1913 1,210 1,404 1,281 8,753 8,926 +2.0 1913 1913 1913 4,750 7,476 3,025 42,036 6,598 6,324 None.... 61,240 71,358 79,311 83,511 57,826 83,180 +36.4 -19,0 +4.9 1913 1913 1913 113,479 109,831 18,920 104,932 103,545 14,927 •92,852 30,842 724,841 714,893 788,628 783,754 +8.8 +9.6 650,765 196,161 • 685,158 152,540 +24.4 -22.2 mz Per cent increase (+) or decrease (~) July from June July, \\ri\, from July, 1923 +10.0 +17.9 -0.1 -G.8 +4.4 -27.2 +520.1 -32.0 +27.'4 TRADE AND INDUSTRY OF FOBEIGN COUNTRIES—Continued Belgium Production: Zinc short tons.. 171 170 1S4 189 181 201 Canada Total trade: Imports ...thous. of dolls.. Exports __...thous. of dolls,. Exports of key commodities (quantities): Canned salmon thous. of pounds^. Cheese ...thous. of pounds.. Wheat thous. of bushs_. Production: Pig iron thous. of long tons.. Steel ingots thous. of long tons.. Bank clearings mills, of dolls.. Bond issues: Govt. and provincial thous. of dolls.. Municipal thous. of dolls.. Corporation. ..thous. of dolls.. Employment: Total (1st of following month) index number.. Newsprint paper: Production „ short tons.. Shipments short tons.. Stocks short tons.. Exports (total printing) short tons.. Building contracts awarded.--thous. of dolls.. Railroad operations: Freight carried......mills, of ton-miles.. Net operating revenue thous. of dolls.. 17 Relative to January, 1920. 3,477 4,350 178 +S2.6 +16.0 +9.0 +785.0 -11.7 +109.1 +80.8 +45.4 + r>.4 -3.0 +23-4 +8.1 +6.1 +20.8 -9.0 -22.8 "1920 107,667 113,212 15,336 95,717 26,185 23,818 1919 1919 1919 1919 1913 74 48 LIFE INSURANCE r [Relative numbers for base year in bold-faced type; numerical data on opposite page] PREMIUM COLLECTIONS (new and renewals) NEW BUSINESS ORDINARY INSURANCE INDUSTRIAL INSURANCE GROUP INSURANCE TOTAL INSURANCE ORDI- INDUSNARY TRIAL GROUP TOTAt INSURINSUR- INSUR- INSURANCE ANCE ANCE ANCE YEAR AND MONTH Number of policies Value Number of policies Value Number of contracts Value Number of contracts Value Value . Relative to 1913 102 127 149 100 108 113 109 109 100 106 112 113 118 100 120 220 620 1,620 100 219 227 378 857 100 106 111 111 100 100 106 125 147 140 226 259 208 210 246 155 271 330 273 299 359 114 122 132 145 153 174 127 150 179 202 228 276 1,420 3,280 3,800 1,180 1,920 3,180 1,186 2,044 2,044 535 1,327 2,498 118 141 154 156 163 167 January... FebruaryMarch April 174 188 221 214 244 270 314 306 142 150 180 151 200 214 256 237 1,080 1,160 1,520 980 837 687 1,028 1,442 May.... June July.... August- 228 226 211 199 323 321 302 287 164 152 143 135 241 223 213 198 1,340 1,360 1,300 1,060 September.. October November.. December.. 189 203 213 259 256 283 295 3S8 126 164 161 172 187 256 243 265 200 214 223 251 299 310 404 363 144 145 176 250 June July.... August. 264 275 243 230 390 402 355 338 September.. October November.. December.. 221 240 246 299 January... February.. March April May.... June July.... August. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.* 100 99 105 120 146 100 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly 1923 monthly average.. average.. average.. average.. average.. average.. 100 104 108 117 130 100 107 115 123 134 100 144 269 397 856 100 105 110 119 131 157 254 305 257 289 356 140 165 194 209 229 256 147 168 189 210 239 279 1,489 2,753 4,161 4,292 4,503 5,811 143 168 196 212 234 265 147 156 187 162 237 259 305 298 212 226 254 231 228 206 234 212 6,772 4,164 3,761 3,922 220 225 252 229 602 1,088 686 1,066 175 165 155 146 304 302 282 271 234 230 225 215 233 235 239 242 4,597 3,681 4,303 3,739 237 233 231 223 1,140 1,340 1,360 948 1,042 904 1,003 5,544 137 171 170 187 245 281 288 401 197 221 225 281 220 245 230 343 3,881 4,328 4,744 6,133 229 229 299 217 221 266 401 1,980 1,920 2,620 2,180 1,050 929 1,440 2,021 154 157 194 250 284 292 376 388 241 240 279 259 260 239 266 259 5,697 7,031 5,186 5,658 249 245 280 263 210 182 160 149 313 284 256 245 2,620 9,120 1,980 1,500 2,635 3,164 1,243 1,266 219 199 175 163 395 336 322 263 257 250 247 254 271 268 4,675 4,919 5,361 5,347 264 263 258 255 307 342 359 437 146 176 173 241 293 283 295 1,540 1,760 9,760 1,232 566 1,085 13,339 160 187 186 200 298 331 346 513 218 252 255 254 285 271 453 4,708 6,039 6,514 8,592 229 263 263 345 216 231 293 270 343 352 443 405 202 171 183 186 346 277 302 305 2,040 1,780 2,420 2,240 1,102 888 2,018 2,550 204 181 202 200 351 337 420 272 291 313 332 277 280 304 271 7,594 7,139 4,678 7,069 279 294 314 279 260 234 216 418 400 374 200 177 157 160 334 298 260 273 2,220 1,980 2,280 1,420 2,016 1,240 1,805 1,322 213 192 170 170 410 380 357 329 349 344 371 306 304 285 6,764 6,336 7,997 344 340 358 97 ; 1922 m 1933 January... February.. ' March April May September.. October November.. December.. (See footnotes on opposite page) 49 LIFE INSURANCE x tBase year In bold-faced type; relative numbers on opposite page] NEW Ordinary Industrial BUSINESS PREMIUM t COLLECTIONS (new a n d renewal} Group ThouThousands Thousands sands Thousands Num Number Thou- Thousands berof of of of of of of con- persons sands of poll dollars poiidollars tracts dollars con* covered tracts 1913 monthly average.. 1914 monthly average.. 1915 monthly a v e r g e . . . 1916 monthly average.. 1917 monthly average.. 80 79 84 96 117 143,470 138,519 146,878 181,569 213,193 380 410 429 416 414 51,909 55,217 58,128 58,645 61,484 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly 1923 monthly 112 181 207 166 168 197 221,940 473,417 392,315 429,113 514,884 433 465 500 550 582 662 66,099 77,901 93,044 104,813 118,234 143,338 1922 January. February.. March April.!,... 139 150 177 171 349,407 387,956 450,311 438,863 538 569 684 572 May.... June July.... August. 182 181 169 159 463,912 461,075 432,750 412,109 September.. October.... November.. December.. 151 162 170 207 1993 January. February. March April , Ordinary! Industrial Total YEAR AND M O N T H Number of persons covered Thousands of dollars Group Total Thousands of dollars 1,736 3,795 3,941 6,565 14,873 460 489 512 511 526 197,115 197,531 208,946 246,780 289,550 38,953 40,606 42,262 45,721 50,485 10,778 11,580 12,421 J3,2S0 14,440 36 52 07 143 30S 62,138 64,780 69,144 65,233 164 190 59 96 159 20,582 35,487 35,490 9,281 23,0-13 43,357 545 647 707 716 750 860 308,621 501,648 601,950 506,410 570,389 701,579 54,579 64,348 75,4C2 81,424 89,242 15,807 18,088 20,342 22,687 25,751 30,057 530 991 1,408 1,545 1,021 2,092 70,922 83,427 07,302 105,550 110,614 131,779 103,725 110,954 132,833 123,208 54 58 76 49 14,533 11,920 17,843 25,029 676 719 861 743 4G7,C65 510,830 600,987 587,101 82,413 88,056 98,7M 89,983 24,500 22,201 25,195 22,805 2.438 1,499 1,354 1,412 109,411 111,750 125,303 114,200 579 542 512 125,084 115,959 110,423 102,901 67 68 65 53 10,444 18,885 11,916 18,508 806 759 711 671 599,440 595,919 555,089 533,518 91,159 S9,420 87,4C4 83,002 25,150 25,318 25,717 20,128 1,655 1,325 1,540 1,346 117,099 110,003 114,729 111,076 367,855 405,369 423,636 556,109 480 623 611 653 97,257 132,790 125,960 137,707 57 67 68 474 18,086 15,692 17,415 96,245 631 785 780 861 483,198 553,851 567,011 790,061 76,637 86,138 87,629 109,625 23,709 26,456 24,813 36,957 1,397 1,558 l,70S 2,208 101,743 114,162 114,151 148,789 160 171 223 201 428,441 444,463 578,986 521,499 547 551 669 950 112,678 . 114,758 137,853 208,105 99 96 131 109 18,223 16,126 25,005 35,089 708 722 893 1,152 559,342 975,347 741,844 764,693 93,945 93,534 108,752 101,031 28,002 25,700 28,G40 27,SG9 2,051 2,531 1,867 2,037 123,997 121,771 139,200 130,938 June.... July.._ August. 211 220 194 184 559,389 577,208 508,757 485,448 797 693 609 567 162,326 147,444 132,798 127,090 131 456 99 75 45,738 54,931 21,570 21,980 1,008 914 803 751 767,453 779,583 663,125 634,517 102,252 100,182 97,406 96,209 27,339 29,109 2S,S77 29,006 l,0S3 1,771 1,930 1,925 131,275 131,122 128,213 127,140 September.. October.... November.. December.. 177 192 197 239 490,360 515,700 627,385 556 668 657 682 124,905 152,061 146,882 153,154 49 77 88 488 21,391 9,828 18,838 231,568 734 860 854 921 587,264 652,249 681,420 1,012,108 84,838 98,241 99,377 119,800 27,378 30,697 29,195 48,803 1,095 2,174 2,345 3,093 113,911 131,112 130,917 171,097 173 185 234 216 492,559 504,553 635,192 530,949 767 649 694 705 179,656 143,762 156,792 158,557 102 89 121 112 16,415 10,650 20,489 24,758 19,127 15,421 35,040 44,269 940 834 928 922 955,823 844,730 948,390 946,448 691,341 663,736 827,021 783,775 106,045 113,423 121,843 129,272 29,808 30,200 32,814 29,235 2,734 2,570 1,684 2,545 13S,640 146,193 156,341 101,052 223 208 187 173 600,324 573,508 536,897 484,966 761 674 596 610 173,629 154,495 135,015 141,525 111 99 114 71 20,006 13,217 17,878 14,828 35,002 21,519 31,343 22,949 9S4 883 783 783 1,004,127 896,096 800, SS7 797,910 80S, 955 749,521 703,255 649,439 135,836 134,071 144,5S0 32,963 32,744 30,758 2,435 2,281 2,876 171,234 169,090 178,217 average.., average.., average... average... average... average... 1924 January. February., March July...., August.. n 31 81 71 40,7(7 September.. October,... November.. December.. and ^ md pe n%d d b y the Association of Life Insurance Presidents. The data on new business represent only new business that has been paid for, exclusive of revivals, increases r£w7 additions. Premium collections show the amount of money actually invested in life insurance each month, and include total premium collections, new and S t e considerations for annuities and for supplementary contracts involving and not involving life contingencies. The 45 companies whose new business is in"uaed In this table had in force 81 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31,1923. 50 WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED* FLAXSEED CANE S U G A R Java United States t Brazil May Oct. Oct. World YEAR Hawaii Porto Rico Cuba Nov. Dec. Dec. India World total total Dec. .__.._. 1923 latest estimates 1924 latest estimates. ~ 9,971 11,293 12,776 13,442 14,508 13,324 13,799 13,656 14,563 14,711 1,514 1,054 1,797 2,009 1,960 1,478 1,473 1,579 1,906 1,993 15,466 1,976 , India United States Canada Jan.* Apr. Aug. Aug. Thousands of bushels Thousands of short tons 1909-1913 average 1914 1915 1916 . 1917.. 1918 1919 1920 1921 1922 Argentina 311247 139 311 246 284 122 176 328 295 138 344 486 413 493 440 496 680 651 »667 567 646 593 645 577 600 556 622 592 •537 363 346 484 603 464 406 486 490 408 »379 166 476 640 445 2,295 2,967 3,437 3,442 3,957 4,597 4,209 4,408 4,517 »4,083 4,536 2,614 2,757 2,950 3,058 3,708 2,617 3,361 2,826 2,925 •3,409 110,992 94,559 103,287 82,151 41,063 61,821 . 61,692 87,964 83,288 94,000 31,989 36,928 45,040 39,289 4,032 19,688 30,776 42,033 60,470 47,578 19,870 15,448 15,880 19,040 21,040 20,600 9,400 16,760 10,800 17,443 19,505 13,749 14,030 14,296 9,164 13,369 7,256 10,774 8,029 10,375 12,040 7,175' 10,628 8,260 5,935 6,055 5,473 7,998 4,112 5,009 3,658 127,000 68,684 21,320 18,480 17,400 25,900 7,140 6,135 3 From private sources. * New crop available in January of the year indicated; January, 1924, estimate is 03,225,000 bushels. * Louisiana and Texas. »Exports. WORLD PRODUCTION OF BEET SUGAR* World total i United States Germany Czechoslovakia Russia Poland Netherlands Belgium France Italy Spain Denmark Sweden YEAB Thousands of short tons ' J 1909-1913 average 1914 1915 1916 1917 1918 1919 1920 1921 1922 8,432 8,331 6,056 5,808 5,208 4,592 3,490 4,997 5,443 >5,732 610 722 374 821 765 761 726 1,089 * 1,074 «7H 2,296 2,721 1,678 1,721 1,726 1,404 808 1,212 1,416 1,605 1,017 1,004 812 805 584 688 559 770 726 *8U 1,726 1,879 1,824 1,457 1,134 312 86 55 61 V245 6,468 927 1,246 1,084 398 1923 latest estimates 1 1 Crops in all countries here given are harvested beginning in September. From private sources. • 239 293 263 240 106 195 198 1347 246 316 264 286 215 182 263 314 412 304 276 215 120 140 136 78 152 268 315 3 293 759 334 160 204 221 121 171 370 * 319 515 457 275 336 546 279 209 166 166 160 162 120 185 150 234 300 116 112 117 139 154 169 91 104 80 *176 128 168 143 124 149 156 149 168 156 94 154 170 140 151 144 141 141 181 250 179 353* 187 115 165 3 Includes Ukraine; data from private sources. < Refined sugar in terms of raw on the b asis of 95 per cent of the raw. WORLD PRODUCTION OF RICE* Country World total 3 _„. New crop available. India Egypt United States Italy Spain Japan Dutch East Indiesl Philippines Apr. Apr. Aug. Sept. Sept. Nov. Dec. Dec. Millions of pounds (cleaned) Normal consumption (1909-1913) 1909-1913 1914 1915..! 1916 1917 1918 1919 1920 1921 1922 67 891 ' 1923 latest estimates 1924 latest estimates eceedby Corrected 14,602 518 - 110,780 116,000 126,000 131,000 134,000 109,000 128,000 118,000 129,000 131,000 72,950 61,109 73,315 78,521 80,638 54,526 71,743 61,963 74,446 75,524 553 61 551 230 487 692 244 283 472 481 657 804 1,135 965 1,072 1,166 1,446 1,045 1,150 646 741 763 708 716 712 662 614 641 632 297 337 320 329 322 283 412 394 366 373 14,009 17,909 17,569 18,360 17,143 17,184 19,106 19,849 17,336 19,067 7,349 7,826 7,964 7,912 8,323 8,433 9,179 * 7,716 6,943 6,324 1,124 1,404 1,100 1,289 1,745 2,213 2,089 2,247 2,565 2,681 118,000 63,388 251 *270 924 914 709 330 17,425 6,718 2,703 2,684 v e of C h i n a : C h m e s e 3 E x c l u s i v e of C h i n a 1&24?' 375 * ° P estimated at 52,788,000,000 pounds i a 1920 and 70,218,667,0 reau of Agricultural Economics, and corrected monthly in accordance with latest °( 4*?*%"*, Bure , Bureau of Foreign and Domestic Commerce. Countries are placed in the order m whi °f Commerce Dtpartment 51 WORLD PRODUCTION OF COTTON* Country World total N e w crop available Peru United States Mexico India Brazil Esypt June August August November September September Thousands of bales (478 pounds net) 1909-1913 average 1914 1915 1916 1917 1918 1919.._ 1920 1921 1922 :_ 1923, latest estimates 1924, latest estimates 20,660 24,630 18,470 18,970 18,370 106 129 113 127 125 18,580 19,925 20,940 15,391 18,900 142 155 164 157 203 . 19,125 13,033 16,135 11,192 11,500 11,302 193 10S 95 103 135 3,584 4,354 3,128 3,759 3,393 322 387 282 281 345 1,453 1,337 989 1,048 1,304 12,041 11,421 13,440 7,954 9,762 203 199 188 147 i 178 3,328 4,853 3,013 3,748 14,247 339 384 451 505 553 999 1,155 1,251 902 1,170 10,128 12,144 138 4,247 719 1,213 i 1 1 From private sources. 1922 acreage 12,490,000 compared with 11,970,000 in 1921. WORLD PRODUCTION OF WHEAT* Country^„ . World total New crop available Argentina Australia India United States Spain Italy France January January March July August August August Germany Rumania August August Canada September Millions of bushels ! Normal consumption (1909-1913) 64 37 , 301 i 581 1909-1913 average 1914 1915-... 1916.. . 1917 3,577 3,586 4,199 12,609 12,288 157 105 169 169 SO 85 103 25 179 152 351 312 377 323 382 690 391 1,026 636 637 1918.. . 1919.. 1920... 1921 1922 12,804 l 2,743 12,863 »3/069 i 3,096 224 180 217 156 191 115 76 46 146 129. 370 230 378 250 367 921 963 833 815 868 196 247 109 126 369 364 •.. 1923, latest estimates 1924, latest estimates ' m&toAjS&tSSESr * Data compiled by '^S^par^SotApiculture, ' , 786 S14 ' 136 236 361 221 31 116 130 116 139 152 143 183 170 171 177 140 318 283 *223 205 135 152 140 142 87 49 89 78 197 161 394 2*53 234 136 • 129 139 145 125 183 170 141 194 162 226 *182 '237 *323 <243 186 ISO «83 <10S 172 MS *G6 *61 <79 «92 189 193 263 301 400 225 176 276 106 102 474 2S2 157 136 *no *82 '••Forme? Forme?W Wmm, , Bessarabia Bessarabiaand a dBukowlm, B Bureau of ^fcfura* £ — , , a < ^ ^ by that department or by V. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries we piacea in mo raw m »u.c Corrected to August 20, 1924. u , 52 FARM PRICES AND PULLMAN COMPANY EARNINGS PULLMAN COMPANY EARNINGS* FARMS PRICES * YEAR AND M O N T H Grain Cotton Dairy Fruits Unclasand and Meat and sified vegeta- animals poultry cottonproducts seed ble All groups Revenue fielative to 1913 Relative to 1909-19H Dollars Expenses Eelatlve to 1913 Dollars 1909-1914 monthly average1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 100 92 103 120 126 217 100 92 100 83 123 202 100 108 112 104 120 173 100 100 101 99 106 133 100 97 85 78 119 187 100 94 95 95 100 130 100 100 102 100 117 176 100 95 101 107 125 $3,444,935 3,283,532 3,482,567 3,683,551 4,310,557 100 98 95 110 126 $2,344,509 2,294,098 2,233,637 2,573,210 2,954,073 1918 1919 1920 1921 1922 1923 226 231 231 112 105 114 162 189 249 148 152 136 202 206 173 108 113 106 160 182 197 151 135 142 245 247 248 101 156 216 157 162 152 90 94 109 200 209 205 116 124 134 121 167 175 156 159 176 4,163,929 5,755,962 6,011,659 5,369,897 5,465,191 6,048,019 144 173 .198 230 188 199 3,382,756 4,051,521 4,637,393 5,395,317 4,419,117 4,657,091 January... February. March April 91 102 111 114 159 173 181 190 95 108 118 117 149 136 129 125 129 128 131 135 84 80 80 114 118 123 123 157 122 149 145 5,423,399 4,216,373 5,150,156 4,995,646 200 207 228 218 4,691,677 4,857,069 5,335,321 5,101,764 May..,. June July August- 115 111 105 100 206 197 174 129 119 121 120 114 123 124 123 125 144 160 166 166 84 85 86 127 128 126 120 151 187 158 173 5,212,242 6,452,534 5,438,778 5,957,687 234 231 159 143 5,474,469 5,405,566 3,719,693 3,358,339 September . October November., December.. 97 101 106 111 109 101 101 104 112 113 108 107 132 142 152 161 160 168 186 195 90 97 94 103 119 123 126 131 172 164 142 183 5,912,209 5,654,154 4,877,862 6,291,252 141 149 155 199 3,297,714 3,491,987 3,631,334 4,664,484 January... FebruaryMarch April 113 114 117 121 117 122 130 146 110 110 110 110 157 151 144 139 203 215 224 222 104 108 105 101 134 136 136 137 162 148 167 162 5,572,223 5,101,273 5,769,034 5,574,904 195 185 207 208 4,561,299 4,337,726 4,862,965 4,865,579 May..., June..,, July..... August., 123 119 112 109 157 161 165 151 108 103 105 104 136 135 133 138 211 207 199 190 102 107 99 101 135 133 130 128 174 193 190 207 5,984,480 6,551,419 7,129,529 210 225 218 215 4,919,021 5,272,443 5,114,758 5,040,228 September. October.... November. December.. 111 113 110 108 131 123 114 114 112 106 100 130 141 151 152 204 221 238 253 100 94 130 132 133 135 202 171 156 176 6,941,959 5,878,590 5,384,030 6,052,427 206 218 223 74 4,821,329 5,119,562 5,231,521 1, January... February.. March April 110 113 114 113 118 123 128 128 101 102 104 106 140 138 123 114 255 247 219 226 99 134 134 128 128 174 162 163 171 5,981,746 5,567,657 5,609,417 5,878,099 222 215 219 221 5,215,495 5,035,050 5,123,349 5,174,507 May.... June July August.. 114 116 130 141 132 146 142 138 107 105 103 116 111 111 111 112 222 219 215 219 94 95 101 103 127 128 130 137 169 195 5,831,201 6,716,770 220 197 5,158,264 monthly average.. monthly average,. monthly average. monthly average. monthly average.. monthly average. 1922 1923 1924 September. October November.. December,. jrices, compiled by the Department of Agriculture, Bureau of Agricultural Economics, supplant the two series, formerly published fa the g m ^ ?^^ e ( ? " F a r m Crops/' and "Livestock," respectively. The weights used are the average annual marketings by farmers for tne pe" u ",VuiY*u c u ^ s p i a i i a u o n o f t h i s m d e x s e e August monthly supplement to " C r o p s and Markets" published by the Department of Agriculture. Pullman Company earnings as reported by the Interstate Commerce CommUsion. 53 SOURCES OF DATA DATE OF I'UIIUCATION I.—REPORTS FROM GOVERNMENT DEPARTMENTS—FEDERAL, STATE, AND FOREIGN ARGENTINE MINISTER OF AGRICULTURE AUSTRALIAN COMMONWEALTH'S BUREAU OF CENSUS AND STATISTICS. BANK OF JAPAN BRITISH BOARD OF TRADE CANADIAN DEPARTMENT OF LABOR CANADIAN DEPARTMENT OF TRADE AND COMMERCE. FEDERAL FARM LOAN BOARD __. 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..] FEDERAL RESERVE BANK OF KANSAS CITY. FEDERAL RESERVE BANK OF MINNEAPOLIS. FEDERAL RESERVE BANK OF N E W YORK. FEDERAL RESERVE BANK OF PHILADELPHIA. FEDERAL RESERVE BANK OF RICHMOND. FEDERAL RESERVE BANK OF SAN FRANCISCO. Cereal exports from Argentina Price index for Australia Estadistica Agro-Pccuaria. Federal Reserve Bulletin... Price index for Japan Price Index for United Kingdom....... Price index for Canada Employment in Canadian trade-unions Operations of Canadian employment service. Foreign trade of Canada Canadian railroad operations Canadian iron and steel production Agricultural loans by land banks Wholesale trade Savings deposits in First Fed. Res. Dist Savings deposits in Seventh Fed. Res. Dist-. Agricultural pumps Savings deposits in Fourth Fed. Res. Dist... Federal Reserve Bulletin British Board of Trade Journal , Labour Gazette (Canadian) Labour Gazette (Canadian) Labour Gazette (Canadian) , Foreign trade of Canada Operating Revenues, etc. of Railways • Pressreleases* Not published Business Conditions , Monthly Review , Business Conditions • Business Conditions , Business Review Business Conditions. Business Conditions. Business Conditions. Wholesale trade Wholesale trade Retail sales of lumber by rural yards Foreign exchange rates and index Savings deposits in Second Fed. Res. Dist Savings deposits in Third Fed. Res. Dist Wholesale trade , Savings deposits in Fifth Fed. Res. Dist Wholesale trade Savings deposits in Twelfth Fed. Res. Dist.. Wholesale trade Automobile registrations FEDERAL RESERVE BOARD..Foreign exchange index numbers Debits to individual accounts Condition of Federal reserve banks Condition of reporting member banks Money held outside U.S. Treasury and Federal reserve system to July 1,1922. Wholesale price index numbers Department store trade; in cooperation with National Retail Dry Goods Association. Index numbers of department store, mailorder, and chain-store trade. Barley and rye receipts Sales of loose leaf tobacco Index of ocean freight rates Index numbers of production .. , Wholesale trade ^.. FRENCH MINISTRY OF LABOR AND Price index for France SOCIAL WELFARE. ILLINOIS DEPARTMENT OF LABOR INDIAN DEPARTMENT OF STATISTICS INTERSTATE COMMERCE COMMISSION. _ Employment in Illinois, Price index for India... Railways revenues and expenses. ~ Telephone operating revenue and income Telegraph operations and income Express operations and income DEPARTMENT OF Massachusetts employment • MASSACHUSETTS LABOR AND INDUSTRIES. MASSACHUSETTS DEPARTMENT OF v PUBLIC UTILITIES. NEW YORK STATE DEPARTMENT OF LABOR. NEW YORK STATE DEPARTMENT OF PUBLIC WORKS. PANAMA CANAL PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY. p . S. CIVIL SERVICE COMMISSION u. S. DEPARTMENT OF AGRICULTURE: BUREAU OF ANIMAL INDUSTRY— BUREAU OF AGRICULTURAL ECONOMICS. Fed. Res. Bull, and daily statement* Monthly Review Business and Financial Conditions Business and Financial Conditions Business and Agricultural Conditions Busjaess and Agricultural Conditions Business Conditions. Business Conditions Business Conditions Federal Reserve Bulletin Fed. Res. Bull, and weekly press releases* Fed. Res. Bull, and weekly press releases* Fed. Res. Bull, and weekly press releases* Federal Reserve Bulletin Federal Reserve BulletinFederal Reserve Bulletin.. Federal Reserve BulletinFederal Reserve Bulletin Federal Reserve Buleltin Federal Reserve Bulletin Federal Reserve Bulletin Federal Reserve Bulletin Bulletin de la Satlsque Gcneralo. The Employment Bulletin Federal Reserve Bulletin.... Preliminary statement Class I roads Operations of largo telephone companies. Not published.. Not published Monthly statement* Monthly. Second week of month. Second week of month. Monthly. Semimonthly. Semimonthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Daily nnd monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly (second week of month). Sunday papers and monthly. Fri. morning papers and monthly. Frl. afternoon papers and monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Second week of month. Monthly. Monthly. Milk receipts at Boston Not published New York State factory employment and Labor Marker Bulletin and press releases*. Monthly. earnings. Yearly. Annual re port New York State canal traffic Last weekly issue of month. The Panama Canal Record Panama Canal traffic Semimonthly. Semimonthly report*— Unemployment in Pennsylvania Not published Government employment Monthly supplement. Crops and Markets Monthly supplement. Crops and Markets Beef, pork, and lamb production Monthly supplement. Crops and Markets Prices of farm products to producers... Releases about 1st of month (cotton) Crops and Markets and press releases* Wool stocks in dealers' hands and 10th (other crops). Crop production Monthly supplement. Crops and Markets Cold-storage holdings and fish frozen Monthly supplement. Crops and Markets Movement of cattle, hogs, and sheep Weekly. * Receipts of butter, cheese, eggs, and poultry.. Crops and Markets Quarterly. Crops and Markets Production of dairy products Monthly supplement. Crops and Markets Car lot shipments of fruits and vegetables Monthly supplement. Crops and Markets Farm labor, wages, supply, etc Weekly. Foreign crops and markets* World crop production Annually. Crops and Markets Livestock on farms Yearly. Total lumber production from 1913 to 1920.... Production of Lumber, Lath, and Shingles. Yearly. Pulp Wood Consumption and Wool-Pudp Wood pulp production, 1914 and 1916 FOREST SERVICE Production. • S. DEPARTMENT OF COMMERCE: Semimonthly during season. Preliminary report on ginnings* Cotton ginned.. BUREAU OF THE CENSUS. _ Preliminary report on cotton comsuned. 15th of month. Cotton consumed and on hand 20th of month. Wool machinery and cotton spindles* Active textile machinery... First week of month. Census of hides, skins, and leather* Leather, hides, shoes, production, and stocks. Preliminary 18th of month. report on cottonseed* Cottonseed and cottonseed oil 30th of month. Pressrelease* Hosiery statistics 30th of month. Pressrelease* Men's and boys' clothing 30th of month.. Pressrelease*.Malleable castings 30th of month. Press release*_. Wheat flour production from May/1923 30th of month. Pressrelease* Pyroxylin coated textiles 20th of month. Pressrelease* .. Stokers, sales from January, 1923 One month after end of quarter. Statement on stocks of leaf tobacco Stocks of tobacco held 30th of month. Pressrelease* Wool consumption 'One month after end of quarter. Pressrelease* .. Wool stocks 30th of month. Pressrelease* Work clothing — '— 30th of month. Pressrelease* ,. Floor and wall tile 20th of month. Pressrelease* Enameled sanitary ware >ilers prior to publication in the respective iThis Tishnot necessarily the source of the figures published In the SURVEY * ^ riication dates of the SURVEY. is fi& column and the right-hand column had beon added to assist readers Multigraphed or mimeographed sheets. SOURCES OF DATA—Continued L—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued U. S. DEPARTMENT OF COMMERCE: BUREAU OF THE CENSUS (Con,). - . Produc. indexes of raw materials and manfrs.. Fats and oils, production, consumption, and stocks. Fabricated struc. steel sales from Apr., 1922.... Automobile production from July, 1921 Wood chemical operations Steel casting sales Steel furniture shipments Locomotive shipments and unfilled orders Earnings of public utilities Plumbing goods price index Architectural terracotta Fish catch at principalfishingports BUREAU OF FISHERIES BUREAU OF FOREIGN AND DO- All imports and exports Fuel loaded for consumption by vessels at MESTIC COMMERCE. principal clearing ports. Tonnage of vessels, entered and cleared in United States foreign trade. Data on trade, employment and coal and iron production of foreign countries. Wholesale price of wool Warehouse stocks of rice Vessels under construction completed, and lost. BUREAU OF NAVIGATION Building material price indexes BUREAU OF STANDARDS Wheatflourproduction, prior to July, 1920.... U. S. GRAIN CORPORATION.. U. S. DEPARTMENT OF THE INTERIOR: Refined petroleum products, production, etc.. BUREAU OF MINES Explosives, production, shipments, etc Portland cement, production, etc GEOLOGICAL SURVEY.. Coal and coke production Crude petroleum, production, etc Electric power production Consumption of fuel by public utility plants.. Figures on nonferrous metal production U. S. PATENT OFFICE Patents granted Visitors to National Parks DIVISION OF NATIONAL PARKS. U. S. DEPARTMENT OF LABOR: EMPLOYMENT SERVICE BUREAU OF IMMIGRATION BUREAU OF LABOR STATISTICS. 17. S. POST OFFICE DEPARTMENT IT. S. DEPARTMENT OF STATE... U. S. TREASURY DEPARTMENTBUREAU OF THE MINT BUREAU OP INTERNAL REVENUE. TJ. S. WAR DEPARTMENT: ENGINEER CORPS Number on pay roll—United States factories. Employment agency operations Immigration and emigration statistics 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 Passports issued _ Government debt, receipts and disbursements. Money in circulation from July 1,1922 Domestic receipts of gold at mint Oleomargarine production Consumption of manufactured tobacco, snuff, cigars, cigarettes, and oleomargarine. Internal Revenue taxes on specified articles... Iron ore movement Sault Ste. Marie Canal traffic Ohio River cargo traffic MISSISSIPPI-WARRIOR SERVICE... Barge traffic on Mississippi River WAR FINANCE CORPORATION Agricultural loans WISCONSIN INDUSTRIAL COMMISSION. Wisconsin factory earnings and employment.. Survey of Current BusinessStatistics of fats and oils *__. Monthly. Quarterly^ (one month after end of 15th of month. 20th of month. 30th of month. 20th of month. 20th of month. lOthof month. Monthly. 10th of month. 15th of month. Press release * Press release * _• Press release * Press release * ; _ Press release * . _ Press release * Survey of Current Business Press release Press release * Monthly statement Monthly Sum. Foreign Commerce (Pt. I) 1 . Last week of month. Not published Monthly Sum. Foreign Commerce (Pt. II) Middle of next month. Various foreign sources Yearly. Wholesale Prices Mon. Sum. Foreign Commerce (Pt. II)._. Monthly. First weekly issue of month (MonCommerce Reports days). Not published No longer published _ _. Second week of month. Refinery statistics * Monthly. Explosive statistics • 20th of month. Report on Portland cement output * Second or third weekly issue of mo. Weekly report on production of coal * 25th of month. Preliminary statistics on petroleum * End of month. Production of electric power * End of month. Production of electric power * Annually. Mineral Resources Not published _. Not published _ , Monthly. Industrial Survey * _ _. First week of month. Report of Activities of State and Munici- Every 4 or 5 weeks. pal Employment Agencies. Not published Wholesale Prices of Commodities Monthly. Monthly Labor Review _ Monthly Labor Review , Monthly. Monthly. Monthly Labor Review 12th of month. Postal Savings News Bulletin 7th of month. Statement of Postal Receipts * 10th of month. Not published Daily Statement of the U. S. Treasury—_, Last day of month. Monthly. Circulation of money _. Not published Not published First week of month. Statement of tax-paid products * Classified collections of Internal Revenue. 25th of month. Monthly during season. Monthly statistical reportMonthly during season. Monthly statistical reportMonthly. Not published Not published in form used.15th of month. Bulletin on Wisconsin labor market * H.-REPORTS 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 MANUFACTURERS' EXCHANGE. ASSOCIATED CORN PRODUCTS MANUFACTURERS. AMERICAN BUREAU OF METAL STATISTICS. AMERICAN FACE BRICK ASSOCIATION.. AMERICAN NEWSPAPER PUBLISHERS' ASSOCIATION. AMERICAN IRON AND STEEL INSTITUTE. AMERICAN PETROLEUM INSTITUTE— AMERICAN PIG IRON ASSOCIATION AMERICAN RAILWAY ASSOCIATION (Car Service Division). AMERICAN TELEPHONE AND TELEGRAPH Co. AMERICAN WALNUT MANUFACTURERS' ASSOCIATION. AMERICAN WASHING MACHINE MANUFACTURERS ASSOCIATION. AMERICAN WRITING PAPER COMPANY. AMERICAN ZINC INSTITUTE ANTHRACITE BUREAU OF INFORMATION. ASSOCIATED KNIT UNDERWEAR MANUFACTURERS' ASSOCIATION. ASSOCIATION OF LIFE INSURANCE PEESIDENTS. Building costs Sale of abrasive paper and cloth Corn ground into starch, glucose, etc. Copper, silver, and lead production.. Zinc production in Belgium Zinc stocks in United Kingdom....... Face brick production, stocks, etc Stocks of newsprint paper .... Steel ingot production Gasoline and kerosene consumption , Merchant pig iron production, etc Freight car surplus and shortage Car loadings and bad-order cars Stockholders in the company v Not published. Not published „_._.-..„. Not published „ Not published. „ Trends in the Face Brick IndustryMonthly report Monthly. Monthly. 7th of month. Press release to trade papers Bulletin Not ,published. awy> Car Surplusages and Shortages •_ Information Bulletin * Financial papers _-~ Weekly. Weekly. 4. Third week of month. Walnut lumber and logs. Not published. Quarterly. Washing machine sales... Not published. Purchases and sales of paper Produc. and stocks zinc, retorts operating Anthracite shipments and stocks Knit underwear production New life insurance business Premium collections Distribution of assets... AUTOMOBILE MANUFACTURERS* ASSO- Automobile accessory sales CIATION. BOSTON, CAPE COD AND NEW YORK CANAL CO. Construction trade papersNot published Cape Cod Canal traffic * Multigraphed or mimeographed sheets. .__. Not published I Press release to trade papers * Statement of anthracite shipments * 13th of month. 15th of month. Monthly report * Monthly. Not published Not published '.[ Not published I " No longer published.. _.! Not published Monthly. * Imports and exports of gold and silver in Part II. 55 SOURCES OF DATA—Continued II.-REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANlZATIONS-ConOnued (Excluding individual firms reporting data to bo combined with otherfirmsor trade association*) BOSTON CHAMBER OF COMMERCE BRIDGE BUILDERS AND STRUCTURAL SOCIETY. BUREAU OF RAILWAY ECONOMICS CALIFORNIA REDWOOD ASSOCIATION. _ CALIFORNIA WHITE AND SUGAR PINE ASSOCIATION. CHICAGO BOARD OF TRADE CHILDS CO CLEVELAND TRUST CO COMPAGNIE TJNIVERSELLE DU CANAL MARITIME DE SUEZ. CONTAINER CLUB._______ CREDIT CLEARING HOUSE , DAIRYMEN'S LEAGUE COOPERATIVE ASSOCIATION, INC. F. W. DODGE CORP EMPLOYERS' ASSOCIATION OF DETROIT. ENAMELED SANITARY MANUFACTURERS' ASSOCIATION. FEDERATION OF IRON AND STEEL MANUFACTURERS (British). Receipts of wool at Boston Fabricated structural steel sales before,April, 1922 Number of tons carried 1 mile Average receipts per ton-mile Passengers carried 1 mile. Railway employment Locomotives in bad order Per cent of earnings on valuation Redwood lumber production, etc Sugar pine lumber production, etc Trade papers No longer published , Summary of operating statistics., Not published , Summary of operating statistics., Not published Not published , Not published Not published Not published Wheat, corn and oats, receipts, etc Trade papers Restaurant sales Monthly report Automobile production, monthly, January, Not published currently. 1920, to June, 1921. Suez Canal traffic.... Le Canal de Suez Daily. Monthly. Monthly. Daily. Monthly. tb, 15th, and 25th of month. Production of paper box board through April, Not published 1923. Credit conditions Credit Milk deliveries to milk plants Not published Building statistics—Contracts awarded Statement on Building Statistics. Detroit factory employment Weekly press release Enameled sanitary ware Not published ;— British iron and steel production Trade papers FELT MANUFACTURERS ASSOCIATION.. Roofing felt production, stocks, etc.. FINE COTTON GOODS EXCHANGE Fine cotton goods production and sales FIRE EXTINGUISHER EXCHANGE Shipments offireextinguishers FOUNDRY EOUIPMENT MANUFAC- Foundry equipment production TURERS1 ASSOCIATION. HARDWOOD MANFRS. INSTITUTE Stocks and unfilled orders hardwood lumber-. HAFFARDS, G. M., & Co Fall River Mill dividends HYDRAULIC SOCIETY Hydraulic machinery shipments, etc ILLUMINATING GLASSWARE GUILD Illuminating glassware production, orders, etc. IOWA-NEBRASKA CANNERS' ASSOCN_. Unsold stock of sweet corn.... JACKSONVILLE CHAMBER OF COM- Turpentine and rosin receipts MERCE. JONES BROS. TEA CO _ Sales.. LAKE SUPERIOR IRON ORE ASSOCN... Consump., stocks, and shipments, iron ore— LEATHER BELTING EXCHANGE Sales of leather belting LIFE INSURANCE SALES RESEARCH Life insurance sales.. BUREAU. MAPLE FLOORING MANFRS. ASSOCN.. Mapleflooringproduction, etc. MCLEAN BUILDING REPORTS, LTD Canadian building contracts MERCHANTS' EXCHANGE OF ST. LOUIS. Receipts and shipments of lead and zinc Weekly. Monthly. Second week of month. Not published Trade papers Not published Monthly. Monthly report Bradstreets Not published Not published Weekly report * Naval Stores Review.. Quarterly. Weekly. Weekly. Financial papers Monthly report * Monthly report (not published) Monthly release Monthly. - [&th of month. Not published— Canadian Building Review Receipts and shipments at St. Louis Not published Mississippi River traffic MICHIGAN HARDWOOD MANUFACTUR- Hardwood and softwood lumber, production Not published ERS' ASSOCIATION. and shipments. MINNEAPOLIS CHAMBER OF COM- Linseed oil and oil-cake shipments Monthly statements.. MERCE. NATIONAL ALLIANCE OF CASE GOODS ASSOCIATION. NATIONAL ASSOCIATION OF BRASS MANUFACTURERS. NATIONAL- ASSOCIATION OF BUTTON MANUFACTURERS. NATIONAL ASSOCIATION OF CHAIR MANUFACTURERS. NATIONAL ASSOCIATION OF CORRUGATED AND FIBER BOX MANFRS. NATIONAL ASSOCIATION OF FARM EQUIPMENT MANUFACTURERS. NATIONAL ASSOCIATION OF FINISHERS OF COTTON FABRICS. NATIONAL ASSOCIATION OF HAT MANUFACTURERS. NATIONAL ASSOCIATION OF PIANO BENCH AND STOOL MANUFACTURERS NATIONAL ASSOCIATION OF STEEL FURNITURE MANUFACTURERS. NATIONAL ASSOCIATION OF SHEET AND TIN PLATE MANUFACTURERS. NATIONAL ASSOCIATION* OF WOOL MANUFACTURERS. NATIONAL AUTOMOBILE CHAMBER OF COMMERCE. NATIONAL BOTTLE MANFRS. ASSOCN.. NATIONAL CONTAINER ASSOCIATION... NATIONAL ELECTRICAL CREDIT ASSOCIATION. NAT. INDUS. CONFERENCE BOARD NATIONAL MACHINE TOOL BUILDERS' ASSOCIATION. H 0 N A X PAYING BRICK MANUFACTURERS' ASSOCIATION, RATIONAL RETAIL DRY GOODS ASSO.. RATIONAL WOOD CHEMICAL ASSO.— ££w ORLEANS BOARD OF TRADE ORLEANS COTTON EXCHANGE,.. NEWS PRIKT SERVICE BUREAU Unfilled orders and shipments of furniture Not published in form used Brass faucets, orders and shipments Not published - Button stocks, activity, etc Weekly report - Chair shipments and unfilled orders Not published in form used • Monthly. 3d of month. Weekly. Production of paper box board through April, Not published 1923. Business conditions (Chicago Federal Monthly. Agricultural pumps Reserve). ... Finished cotton goods, billings, orders, ship- Not published ments, and stocks. Notpublished -. Hat production, etc., and stocks of fur. Production, shipments, and unfilled orders of piano benches and stools. Steel furniture shipments... Not published Sheet-metal production and stocks Notpublished 1913figuresfor active textile machinery No longer published Production and shipments of passenger cars and trucks. Glass bottle production index.._._.—.—----Production of paper box board since April, 1923. Credit conditions Cost of living Machine-tool orders, etc Paving-brick production, etc.. Department store trade (see Fed. Res. Bd.)... Production of wood alcohol and acetate of lime. Rice distribution through New Orelans Cotton receipts into sight..Canadian newsprint production, etc..•—-—newsprint data since June, 1923. United States newspri ORK KIZ v COFFEE AND SUGAR EX._ Coffee receipts, stocks, etc.0 R KM E *AL EXCHANGE EXCHANG Stocks of tin ----EZ TRXJST C ?? K T R X J S T COMPANY Indexes of stock and bond prices.. • P WORTH CAROLINA PINE ASSOCIATION. North Carolina pine, production, etc-.—.-.-. 2K5J?1? HEMI-OCK AND HARD- Hemlock and hardwood lumber production, WOOD MANUFACTURERS' ASSOCIAetc. NORTHERU PINE MANFRS. ASSOCN.... Northern pine lumber and lath ' Multigraphed or mimeographed sheets. - Not published .- • TraflBc bulletin* (productionfiguresnot Second week of month. published). Notpublished Notpublished Notpublished 2lst of month. Monthly press release Not published Monthly report Federal Reserve Bulletin Notpublished Monthly report Monthly report Monthly bulletin Monthly bulletin Monthly statement Trade papers The index Notpublished Notpublished Not published. —- Monthly. First week of month. -- First week of month. First week of month. First week of month. Monthly. -. - 56 SOURCES OF DATA—Continued II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued. (Excluding individual firms reporting data to be combined with other firms or trade associations) OAK FLOORING MANFRS. ASSOCN OHIO FOUNDRYMAN'S ASSOCIATION OPTICAL MANUFACTURERS' ASSOCN... PACIFIC CANNED FISH BROKERS' ASSOCIATION. PENNSYLVANIA RAILROAD CO PENSACOLA CHAMBER OF COMMERCE.. PHILADELPHIA MILK EXCHANGE PORTLAND CEMENT ASSOCIATION PREPARED ROOFING MANFRS. ASSOCN. PULLMAN COMPANY RAILWAY AGE REFRACTORIES MANUFACTURERS' ASSOCIATION. RICE MILLERS' ASSOCIATION ROPE PAPER SACK MANFRS. ASSOCN. RUBBER ASSOCIATION OF AMERICA RUBBER GROWERS* ASSOCIATION SALES BOOK MANUFACTURERS' ASSOCIATION. SAVANNAH BOARD OF TRADE SAVINGS BANK ASSOCIATION OF STATE OF N E W YORK. SILK ASSOCIATION OF AMERICA SOUTHERN FURNITURE MANUFACTURERS' ASSOCIATION. SOUTHERN PINE ASSOCIATION STEEL BARREL MANFRS. ASSOCN STEEL FOUNDERS' SOCIETY STOKER MANUFACTURERS' ASSOCN... STRUCTURAL STEEL SOCIETY TANNERS' COUNCIL TUBULAR PLUMBING GOODS ASSOCN.. TWIN CITY MILK PRODUCERS'ASSOCN. U . S . STEEL CORPORATION UNITED TYPOTHETAE OP AMERICA—. WALDORF SYSTEM, INC WEST COAST LUMBERMEN'S ASSOCN. WEBBING MANUFACTURERS' E X C H . WESTERN PINE MANUFACTURERS' ASSOCIATION. Oak flooring, production, etc Ohio foundry iron production Spectacle frames and mountings, sales, etc Shipments of canned salmon Not published Monthly report* (not published) Not published Not puHished Stockholders in the company Turpentine and rosin receipts Milk receipts at Philadelphia Cement paving contracts Shipments of prepared roofing Pullman passenger traffic Railway equipment orders Fire-clay brick production, etc Silica brick production, etc Rice receipts, stocks, etc. '. Shipments of rope paper sacks Automobile tires, tubes, and raw material Rubber stocks in England Shipment of sales books Financial papers Naval Stores Review Not published Concrete Highway Magazine Not published Not published Railway Age Not published Not published Monthly report Not published Monthly reports (not published) Bulletin of Rubber Growers Association.. Not published Turpentine and rosin receipts Savings banks deposits in New York State Naval Stores Review Not published J Monthly press release to trade papers* Not published in form used Raw silk consumption, etc Furniture shipments and unfilled orders... Yellow pine production and stocks Steel barrel shipments, orders, etc Sales of steel castings Sales of stokers through December, 1922 Sales of fabricated structural steel Leather production through May, 1922 Tubular plumbing sales Milk production, Minnesota Unfilled orders Earnings Stockholders Wages of common labor Printing activity. _ Restaurant sales Douglas fir lumber production, etc Sales of elastic webbing Western pine lumber production, etc Not published in form used Monthly reports* (not published) Not published ; •_ No longer published Not published Not published Semiweekly reports Not published Press release* Pressrelease* Financial papers _•_' Special reports* Typothetae BulletinMonthly press release* Not published Not published Not published SOURCE: _ Monthly. Quarterly. Weekly. Monthly. Monthly. Monthly. Weekly. 5th of month. i 10th of month. . . . Monthly. Quarterly. . . . Occasionally. Monthly. DATE OF PUBLICATION .—REPORTS FROM TECHNICAL PERIODICALS AMERICAN METAL MARKET . THE ANNALIST THE BOND BUYER. BRADSTREET'S . BULLETIN DE LA STATISTIQUE GENERALE CHEMICAL AND METALLURGICAL ENGINEERING.. COAL AGE COMMERCIAL AND FINANCIAL CHRONICLE Dow, JONES & Co. (WALL STREET JOURNAL). DUN'S REVIEW ELECTRICAL WORLD ENGINEERING AND MINING JOURNAL-PRESS ENGINEERING NEWS RECORD FINANCIAL POST FRANKFURTER ZEITUNG HAY TRADE JOURNAL IRON AGE ; IRON TRADE R E V I E W . LONDON ECONOMIST *„, LUMBER MANUFACTURERS' RECORD MILK REPORTER MODERN MILLER NAVAL STORES REVIEW , NEUE ZURICHER, ZEITUNG N E W YORK JOURNAL OP COMMERCEI! N E W YORK EVENING POST. NORTHWESTERN MILLER OIL, PAINT, AND DRUG R E P O R T E R . . . . On. TRADE JOURNAL PRINTERS' INK I PUBLISHERS' WEEKLY" RUSSELL'a C O M M E R C U T N E W S " " " " " STATISTICAL SUGAR TRADE JOURNAL" SVENSK HANDELSTIDNING * Multigraphed or mimeographed sheets. , Composite pig iron and steel prices.. New York stock sales New York closing stock prices Foreign exchange rates, 1914 to 1918 State and municipal bond issues Municipal bond yields " Visible supply of wheat and corn " Bank clearings, United States and Canada Wholesale price index Business failures, Canada Price index for France Chemical price index " Mine price of bituminous coal Cotton (visible supply) and interest rates.I Mail order and chain store sales-. New corporate securities New York bond sales and prices Mexican petroleum shipments Business failures and wholesale price indexl Sales of electrical energy, central stations Rand gold production and silver prices Construction cost and volume index Canadian bond issues Price index for Germany Hay receipts Pig-iron prod Composite finished steel price. Iron and steel prices Railway freight car orders Price index for United Kingdom Price indices of lumber IIIIII..I Southern construction and southern bond issues Milk receipts at Greater New York .IIIIIIII Argentine visible supply of wheat and corn Turpentine and rosin, receipts and stocks Price index for Switzerland IIIIIIIJ Dividend and interest payments _I_ New capital issues and new corporations..II. I Ill Fire losses.... Newspaper advertising Ill" IIII Flaxseed, receipts, etc Wheat flour production for 1917 • Price indices of drugs, oils, etc Argentine visible supply of flaxseed Mexican petroleum shipments Magazine advertising Book production . Wheat flour production, from July, 1920 Sugar stocks, receipts, meltings, and Cuban statistics. _. Price index for Sweden O First or second week of month (daily). First weekly 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 week issue of month (Saturdays) First weekly k Monthly. Weekly (Wednesdays). Weekly (Thursdays). K d o8 r t h i f d ^ e k i y issue of month (Saturdays). K ^ Last issuefof month. First week of month (daily). 20th of month (daily). , , /rt . First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month. Weekly (Thursdays). Monthly. First weekly isstte'of month (Thursdays). Weekly (Thursdays). Weekly (Thursdays). . . First weekly issue of month (Thursdays). 10th of month. „ .. . First weekly issue of month (Fridays). Monthly. Weekly. Weekly. Weekly (Saturdays). First week of month (daily). First week of month (daily). 10th of month (daily). Not published. Weekly (Wednesdays). Weekly (Mondays). Weekly (Mondays). 10th of month (monthly). Second week of month. Third week of month. Weekly compilation (daily). Weekly (Fridays). PUBLICATIONS OF THE DEPARTMENT OF COMMERCE Recent publications of the Department of Commerce having the most direct interest to readers of the SURVEY OF CURRENT are listed below. A complete list may be obtained by addressing the Division of Publications, Department of Commerce, at Washington. Copies of the publications may be purchased from the Superintendent of Documents, Government Printing Office, Washington, at the prices stated. If no price is mentioned, the publication is distributed free. BUSINESS OFFICE OF THE SECRETARY Property Accounting.—Department Circular No. 204*(Third edition), June 4, 1924. Laws and Regulations for Protection of Fisheries of Alaska.— Department Circular No. 251 (tenth edition), June 21, 1924. Simplified Practice Recommendation No. 1: Paving Bricks (third revision).—Tm"s pamphlet is a revision of a former edition and contains further recommendations of the brick industry toward standardization and elimination of waste. BUREAU OF THE CENSUS (For circulars giving plan of publication and distribution of census publications, address the Director of tfte Census.) - State compendiums, 1920.—Georgia, 183 pages, price 35£; Illinois, 225 pages, price 40^; New Hampshire, 80 pages, price 156; District of Columbia, 49 pages, price 10j£; Massachusetts, 176 pages, price 30^. Each compendium contains detailed statistics of population, agriculture, manufactures, and mining for the State named. A summary for, the United States is also given, with a map showing the centers of population, agricultural products, and manufactures. Bulletin—Cotton Production in the United States.—Crop of 1923. Showing cotton ginned from the crop of 1923, for the United States, the several States, and individual counties, with comparativefiguresfor previous years. 37 pages, price 5j5. Report—Census of Electrical Industries: Telegraphs, 1922.— Statistics of commercial and land telegraph systems, commercial cable systems, government telegraph and cable lines, and commercial wireless systems. 29 pages, price 5*L Preliminary reports.—Statements summarizing statistics for numerous industries, census of manufactures, 1923; "Assessed valuation of property and tax levies, 1922'';,"Taxes, 1922"; "Public debt of Federal, State, city, and all local governments, 1922"; "Estimated value of national wealth, 1922." Statistics of production for a number of industries are issued each month. BUREAU OF FOREIGN AND DOMESTIC COMMERCE Monthly Summary of Foreign Commerce of the United States, May, 1924,—Parts I and II. Owing to the advanced cost of printing it has been necessary to advance the subscription price of the Monthly Summary from $1 to $1T25 a year. The singlecopy price of Part I will be 10#, and of Part II, 50. Commerce Reports.—A weekly survey of foreign trade, cable summaries of world conditions, and articles on situation in various commodities in foreign countries. Quarto, 72 pages. Price 10 cents per copy; $3 per year ($5 for foreign). Trade and Economic Reviews, 1923.—These reviews are based on annual reports of trade and industries submitted by American consular officers. The following have been issued since the July announcement: No. 8, Sweden; No. 9, British Guiana; No, 10, United Kingdom; Bradford. Shoes, Leather, and Hides in Great Britain, by Norman Herz, American trade commissioner. Special Agents Series No. 226; 201 pages. Shipment of Samples and Advertising Matter to Latin America and the West Indies, prepared in the Division of Foreign Tariffs.—Trade Information Bulletin No. 250; 54 pages. Marketing Canadian Wheat, by Theo. D. Hammatt, special agent.—Trade Information Bulletin No. 251; 123 pages. In this bulletin, which is No. 8 of the survey of world trade in agricultural products, the Canadian method of marketing is described in detail. World Trade in Chromite, by H. M. Hoar.—Trade Information Bulletin No. 252; 33 pages. This report constitutes a part of the investigation of essential raw materials authorized by Congress. French Dyestuffs Industry, by Frank B. Gorin, special agent. Trade Information Bulletin No. 253; 21 pages. The French since the war have been endeavoring to build up a self-sufficient dyestuff industry. In this report the development of the industrv is outlined, and statistics of trade in coaltar dyes are given for 1920 and 1921. Nicaragua, a Review of Commerce and Industries, 1918-1923, prepared in the Latin-American Division.—Trade Information Bulletin No. 255, 16 pages. Trade of the United States in 1923 according to Interaction Statistical Classification, prepared in the Division of Statistics. —Trade Information Bulletin No. 256; 9 pages. The Republic of Panama, prepared in the Latin American Division.—Trade Information Bulletin No. 257; 15 pages. The Brazil Nut or Castanha Industry, by A. Ogdon Pierrot, special agent.—Trade Information Bulletin No. 259; 14 pages. BUREAU OF FISHERIES ' Fisheries of Key West and the Clam Industry of Southern Florida, by William C. Schroeder, scientific assistant. Document No. 962; 74 pages. BUREAU OF STANDARDS American Logging and Sawmill Safety Code.—Handbook No. 5 (October, 1923) 140 pages with 58 illustrations. Price, 60^. Nickel and Its Alloys.—Second edition, revised. Circular No. 100; 162 pages with illustrations and tables. Price, 400. National Standard Petroleum Oil Tables (May 29, 1924).— Circular No. 154; 175 pages. Price, 300. United States Government Specifications: Turpentine, Circular No. 86. Olive-drab paint (semipaste and ready-mixed). Circular No. 165. Tent duck, grey. Circular No. 167. Hoofing—Type 4AWS, Circular No. 170; type 3ACS, Circular No. 172; type 4ACS, CircularNo. 173; type 5ACS, Circular No. 174; type 3TCS, Circular No. 178; type 5TWS^Circular No. 179. Installation of metal flashings and other metal fittings with built-up bituminous roofing. Circular No. 180. Installation of plastic flashings with built-up bituminous roofing. Circular No. 181. The above specifications have been officially adopted by the Federal Specifications Board as a standard in purchasing materials for use by Government departments and other Government establishments. BUREAU OF NAVIGATION American Documented Seagoing Merchant Vessels of 500 Gross Tons and Over, August 1, 1924. SerialNo. 81. This list contains the names of all American steam and sailing merchant vessels of 500 gross tons and over, with tonnage, year built, name of owner, and home port. Price, 10 cents a copy; annual subscription price, 750. Radio Service Bulletin, August 1, 1924.—No. 88. Contains list of new stations, changes in preceding lists, and information concerning radio regulations, current publications, and other matters. Price, 50 a copy; annual subscription price, 250. NOTE.-—All orders for radio publications listed by the Bureau of Navigation and inquiries concerning these publications .should be addressed to the Superintendent of Documents, Government Printing Office, Washington, D. C. Do not make remittances to the Bureau of Navigation or to radio inspectors. COAST AND GEODETIC SURVEY United States Coast Pilot, 1924.—Atlantic Coast, Section C. Sandy Hook to Cape Henry, including Delaware and Chesapeake Bays. Second edition; 31 pages, with map. Price, 750. Manual of the Harmonic Analysis and Prediction of Tides, by Paul Schureman.—Special Publication No. 98; 416 pages, with numerous tables and illustrations. Price, $1. Geodetic Operations in the United States and Outlying Possessions, January 1, 1922, to December 31, 1923, by William Bowie.—Special Publication No. 104; 28 pages, with illustrations. LIGHTHOUSE SERVICE Buoy Lists, 1924.—First District, Maine and New Hampshire (corrected to June 5). Seventeenth District, Oregon and Washington (corrected to June 25). Price, 200 each. DEPARTMENT OF COMMERCE HERBERT HOOVER, Secretary of Commerce BUREAU OF THE CENSUS WILLIAM M. STETTABT, Director Chief Junctions The taking of the decennial census covering population, agriculture, manufactures, mines and quarries, and forest products. m Decennial report of national wealth, public debt, and taxation, including principal financial statistics of Federal, State, county, city, and township governments. Annual financial statistics of State and municipal governments, including sources of revenue, objects of payments, debt, tax levies. Decennial statistics relating to inmates of institutions, including paupers, insane, prisoners, and juvenile deliquents. A quinquennial census of agriculture, a biennial census of manufactures, a quinquennial census of electrical public utilities, including electric railways, light and power stations, telephones, telegraphs, etc. Annual statistics of births, deaths, marriages, and divorces. Quarterly statistics of leaf tobacco stocks and of production, stocks, and consumption of fats and oils. Monthly or semimonthly statistics of cotton ginning; cotton stocks and consumption; the production, stocks, and consumption of hides and leather; the production of shoes; and statistics of active textile machinery and of production in an increasing number of other industries. The compilation and publication, in the "Survey of Current Business," of monthly commercial and industrial statistics. BUREAU OF FOREIGN AND DOMESTIC COMMERCE JULIUS KLEIN, Director Chief functions BUREAU OF FISHERIES HENRY O' MALLEY, Commissioner Chief functions The propagation of useful food fishes, including lobsters, oysters, and other shellfish, and their distribution to suitable waters. Investigations of fish culture, fish diseases, and for the conservation of fishery resources and the development of commercial fisheries. The study of the methods of thefisheriesandfisheryindustries and the utilization of fishery products. The collection of statistics of fisheries. The administration of the Alaska salmonfisheries,the fur-seal herd on the Pribilof Islands, and the law for the protection of sponges off the coast of Florida. BUREAU OF LIGHTHOUSES GEORGE R. PUTNAM, Commissioner Chief functions The establishment and maintenance of lighthouses, lightships, buoys, and other aids to navigation on the sea and the lake coast and on the rivers of the United States, including Alaska, Hawaiian Islands, and Porto Rico. The publication of Light Lists, Buoy Lists, and Notices to Mariners, including information regarding all aids to navigation maintained by the Lighthouse Service. COAST AND GEODETIC SURVEY E. LESTER JONES, Director Chief functions The compilation of timely information concerning world The survey of the coasts of the United States and the publimarket conditions and openings for American products in foreign countries secured through commercial attache's and trade cation of charts needed for the navigation of the adjacent commissioners of the Department of Commerce and the foreign waters, including Alaska, the Philippine Islands, Hawaii, Porto service of the Department of State. The distribution of such Rico, the Virgin Islands, and the Canal Zone. A comprehensive geodetic system, extending into the interior, information to American business through weekly "Commerce reports," special bulletins, confidential circulars, the news and connects and coordinates the surveys of the coasts, and is designed to furnish accurately determined points and elevations trade press, correspondence, and personal contact. The maintenance of commodity, technical, and geographical in all parts of the country. These are available as a basis for divisions to afford special service to American export industries. Federal, State, and municipal surveys, and engineering projects The compilation and distribution of names of possible buyers of every kind. The magnetic declination has been determined and agents for American products in all parts of the world and at a large number of stations throughout the country, and the publication of weekly lists of specific sales opportunities abroad. results are available for the use of surveyors and engineers. The technical operations include base measures, triangulaThe maintenance of district and cooperative offices in 33 cities in the United States to expedite delivery of market information tion, traverse, precise leveling, the determination of latitude and to business men and to keep the department adivsed as to azimuth, the determination of difference of longitude by telegraph or radio, magnetic observations and researches, the the urgent requirements of American trades and industries. The publication of official statistics on imports and exports. preparation of magnetic maps, the determination of the force The study of the processes of domestic trade and commerce, of gravity, topography, hydrography, deep-sea soundings, water with a view to their improvement and the dissemination of temperatures, tidal and current observations. The results are published in the form of charts on various information obtained for the benefit of the public, as well as of scales, annual reports, coast pilots, tide tables (published annuthose directly concerned. ally in advance), current tables, digests of geodetic publications, BUREAU OF STANDARDS and special publications. GEOKGE K. BURGESS, Director Chief functions Custody of standards of measurement, quality, performance, or practice adopted or recognized by the Government. Development and construction of such standards when necessary. Testing and calibration of apparatus and comparison of standards used by scientific or other institutions with those in the custody of the bureau. Determination of physical constants and properties of materials. The testing of materials and establishment of standards and processes in cooperation with commercial firms or organizations. Industrial researches covering structural, engineering, and miscellaneous materials, radio, radium, mechanical appliances, sugar technology, leather, paper, rubber, and textiles; clay products, glass, and refractories, metals and metallurgy, and similar groups of subjects. The collection and dissemination of information showing approved methods in building, planning, and construction, including building materials and codes and such other matters as may encourage, improve, and cheapen construction and housing. Studies on simplified commercial practices and establishment of such practices through cooperative business organizations. The bureau publishes six series of scientific and technical publications, reporting the results of its researches and giving technical data fundamental to industry. The Director has supervision of the preparation of technical specifications through the Federal Specifications Board. BUREAU OF NAVIGATION D, B. CARSON, Commissioner Chief functions General superintendence of commercial marine and merchant seamen. t Supervision of registering, enrolling, licensing, numbering, etc., of vessels under the United States flag, and the annual publication of a list of such vessels. The enforcement of the navigation and steamboat inspection laws and the laws governing radio communication, as well as duties connected with fees, fines, tonnage taxes, refunds, etc., originating under such laws. STEAMBOAT INSPECTION SERVICE GEORGE UHLER, Supervising Inspector General Chief functions The inspection of vessels, the examination and licensing of the officers of vessels, and the administration of laws relating to such vessels and their officers. The certification of able seamen who form the crews of merchant vessels. The inspection of vessels, including the types of boilers; the testing of all materials subject to tensile strain in marine boilers; the inspection of hulls and of life-saving equipment. The investigation of violations of the steamboat-inspection laws.