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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
SEPTEMBER, 1929
No. 97

ISSUEP BY

BUREAU OF THE CENSUS

IMPORTANT NOTICE
In addition to figures given from Government sources, there are ytso incorporated for completeness of
servicefigures*frotfi other sources generally accepted by the trades, the authority and responsibility for
which are noted in % "Sources of Data" on pages 139^142 of the August, 1929, semiannual issute

For sale by
 the Superintendent of Documents, Washington, D. C.


See page 1 of text for prices

INTRODUCTION

The SUEV$Y OF CURRENT BUSINESS is designed to designed to show the trend^of an entire group of
itesent each month a picture of the business situation industries or for the country as a whole, instead of for
y setting forth the principal facts regarding the Vari- the single commodity or industry which the relative
ous lines of trade pud industry. .The figures reported number covers. Comparisons with the base year or
are very largely those already in existence. The with other periods are made in the same manner as in
chief function of the department is to bring together the case of relative numbers.
these data which, if available at all, are scattered
RATIO CHARTS
in hundreds of different publications. A portion of
tihese data are collected by Government departments,
other figures are compiled by technical journals, and OFIn most instances the charts used in the SURVEY
CURRENT? BUSHES are of the type termed "Eatio
still others are reported by trade associations.
Charts" (logarithinic scale); notably the Business
, At semiannual intervals detailed tables are pub- Indicator charts on page 2. These charts show the
lished giving, for e&ch item, monthly figures for the percentage increase and allow direct comparisons
past two years and yearly comparisons, where avail- between the slope of one curve and that of any other
able, back to 1913; also blank lines sufficient for six curve regardless of its location on
diagram; that
months have been left at the bottom of each table, is, a 10 per cent increase in an itemthe given the same
is
enabling those who care to do so to enter new figures vertical movement whether its curve is near the botas soon as they appear (see August, 192fy issue). In tom or
the intervening months the more important Compari- between near the top of the chart. This difference
and the
form of
sons only are given in ibhe table entitled " Trend of chart can this made plear ordinary arithmetic a certain
be
by an example. If
business movements."
item having a relative number of 400 in one foonth
increases 10 per cent in the following month, its
WEEKLY SUPPLEMENT
relative number will be 440, a&d on an Ordinary
-i , ' ' *
"
'
Realizing that current statistics are highly perish- 6hart would he plotted 40 equidistant scale points
able and that to be of us£ they must reacih the business higher than the preceding months. \ Another moveman at the earliest possible moment, the department ment with a relative number of , say, 50 also increases
has arranged to distribute supplements every week to 10 per cent, making its relative number 55. On the
subscribers in the United States. The supplements are ordinary (arithmetic) scale this item would rise only 5
^s#fiiHy mailed on Saturdays and give stfch information equidistant points, whereas the previous itepi rose 40
as has be^n received during the week ending on the points, yet each showed the same percentage increase.
preceding Tuesday. The monthly information con- The ratio charts avoid diffioulty and give to each
tained in these bulletins is republished in the SURVEY, of the two movements exactly the same vertical/ rise,
and the supplements also contain charts and tables, and hence the slopes of the two lines are directly comparable. The ratio charts compare percentage changes,
of weeM data.
while the arithmetic charts compare absolute changes.
BELATIVE AND INDEX NUMBERS
RECORD BOOK
- /1 ' " , - ' •
*
'
i
Tp facilitate comparison between different imporAs an aid to readers in comparing present data
tant items ind to chart series 1expressed in different! with monthly statistics in previous years, the departunitp, relative members (often called " index num- ment is compiling a HEC&RD BOOK w OF BUSINESS
bers,^ a term referring more particularly tb a special STATISTICS, in which data now; carried in the SURVEY
kind of number described below) have been calcu- OF CURRENT BUSINESS are shown by months as far
lated.; The monthly Average for 1923-1925 has bapk as 1909, if available, FulJ descriptions oi the
usually been usfed as a base equal tb 100.
figures ai^d reports of hov? the data are ^sed. in actual
The relative numbers are computed by allowing the practice by business firmp are contained in the RECORD
monthly averag6 for thi base year or period to equal BOOK. The sections cpvering textile, metals, and fuels,
JOO. H the movement for a currtai month is greater automobiles, and rubber have already been ^ssued and
than the base, the relative number will be greater thari may be obtain6d for 10 cents pel* copy from the SuperlOOVand yic6 versa. The difference between 100 fand intendent of Devilments, Government Printing Office, <
the relative riumber will give at once the per cent Washington, P. O. (Dp not send stamps*) ; Notices of
increa^ or' decrease compared with the base period. other sections will be given in the SURVEY as they are
, Thus a r&l$tivfe number of 115 means an increase of 15 issued.
,
,
per c^ht over the base period, while a relative number
MBTHQDS OF
of §0 ipeans a decrease of 20 per cent from the base.
Methods of using aid interpreting current business
Iterative numbers may also be us^d to calculate the
approximate percentage increase or decrease in a move- statistics have been collected by the department
ment from one period to the next. Thtis^ if a relative from many business concerns and are described in a
number at one month is 120 and for a later month it booklet entitled ^IJpw to Use Current Business
Statistics/' together with methods of collecting stais 144 there has been $n increase of 20 per cent.
When two or more series of relative numbers are tistics. This booklet may be obtained from the
combiiieci by a system pf weightings, the resulting Superintendent of Documents, Government Printing
Series is denominated an index number. The index Office, Washington, D, C^ at 15 ;cents per copy. (Do
number, by combining maiiy relative numbers, is not send stamps.)

E

This issue presents practically complete data for the month of July and contains text covering the early weeks of
August (page 1), for which the basic figures in table and chart form are presented regularly in the weekly supplements.
As most data Covering a particular month's business are not available until from 15 to $0 days after the close of the month,
a complete picture of that month's operations cannot be presented at an early date, but the Weekly supplements give every

the latest data available.
/


SURVEY OF
CURRENT BUSINESS
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No. 97

WASHINGTON

September, 1929

CONTENTS
SUMMARIES

Preliminary summary for August
Business conditions in July
Monthly business indicators (table and chart)
Measures of industrial and commercial activity (charts):
New building contracts and automobile production.
Mineral production and railroad ton-mileage
Factory employment, manufacturing, and electricpower production
Check payments and retail trade
Indexes of business

Page
1
4
2, 3
8
8
8
8
15

NEW DETAILED TABLES

Census of manufactures, 1927, by major groups
Debits to individual accounts grouped by Federal reserve
districts
Indexes of market values of common stocks

18
19
22

INDEX BY SUBJECTS

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

Text
page
9
10
11
11
11

Table
page
23-25
25-28
29,30

29-31
31
32,33

12
12
12
12
14
5
14
14
14

33
33-35
35,36
36-38

38-41
42-44
44,45
45,46
46-49
49,50

PRELIMINARY SUMMARY FOR AUGUST
On the basis of early figures business activity in
August was higher than in any other similar period on
record. Commercial transactions, as indicated by the
volume of checks passing through the banks for payment, were higher than were reported for any previous
August on record. Activity in steel plants, though
receding somewhat from the high level reported for the
preceding month, was greater than in any other midsummer period. The movement of merchandise
through primary channels, as reflected by the volume
of freight-car loadings, also reached a level not hitherto
attained at this time of the year.
This sustained activity in business was registered in
68342—29

1




the face of a decline in wholesale prices, which were
not only lower than in the previous month but lower
even than in August, 1928. Interest rates on time
funds were somewhat stronger than prevailed in the
preceding month and were higher also than a year ago.
Loans and discounts of Federal reserve member banks
showed practically no change from the preceding
month but were higher than a year ago. Prices for
stocks, both railroad and industrial, reached new high
averages during August, while bond prices, reflecting
the rise in interest rates, continued to show declines.
Business failures were less numerous than those reported for August of last year.

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




J923 I 1924 | 1925 I 1926 | 1927 | 1928 | 1929

AUTOMOBILE
PRODUCTION

NET TON-MILE OPERATION

INTEREST RATE, COMMERCIAL PAPER

l.i, 1 1 1 . In

n! i i In I n hi I i i In In i i l i ih i In

1923 I 1924 I i 925 I 1926

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

1925

ITEM

1924

1925

1926

1927

1929

1923

MONTHLY AVERAGE

1928 June July Aug. Sept. Oct.

Nov Dec. Jan.

Feb.

Mar.

Apr.

May June July

117.0
120.0
107.3
125.1
141.2
68.6
116.5
101.3

120.0
107.0
124.3
146.3
177.2
80.2
123.3
102.7

123. 0
115.0
122.6
142.8
188.2
110.6
123.1
103.8

124.0
116.0
130.5
152.5
182.9
129.9
130. 2
102.9

1923 1925 monthly average—100
Industrial production:
* Total manufacturing....
* Total minerals
Pig iron
Steel ingots
Automobiles
Cement
Cotton (consumption)
Wool (consumption)
._

101.0
105.0
111.7
104.8
101.7
92.1
105.9
112 8

Raw material output:
Animal products
Crops
Forest products
Crude petroleum
Bituminous coal
Copper

100.0 104.0 96.0 96.0 97.0 99.0 116.0 108.0 97.0 92.0 102.0 93.0 92.0 96.0 80.0 88.0 99. 108.9 111.8 114.4
51.0 55.6
92.0 104.0 104.0 109.0 113.0 119.0 52.0 87.0 114.0 178.0 251.0 179.0 152.0 112.0 82.0 72.0 57.
98.6 90.1 88.6
99.0 97.0 104.0 98.0 93.0 88.2 97.0 88.0 90.0 78.0 84.0 84.0 76.0 82.0 74.0 86.0 90.
137.5 135.9 148.8
99 4 96.9 103.7 104.6 122.3 122.2 118.1 122.9 126.8 124.5 129.5 123.8 129.4 133.5 123.3 134.4 130.
92.2 87.4 93.3
108 0 92.6 99.5 109 7 99.0 94.3 82.6 83.3 94.4 94.8 115 6 105.7 99.6 118.1 108.5 90. 3 84.
93.4 100.2 106.4 110.2 104.9 114.9 111.0 111.3 116.7 118.8 131, 1 129.5 129.8 130.9 128.5 142.1 143.9 141.6 124.9 120.3

94.0
96.0
86.7
88.7
90.8
99.8
89.7
94.6

105.0
99.0
101.5
106.4
107 5
108.1
104.4
92.6

108.0
107.0
109.0
113.1
108.4
110.0
108.5
89.7

106.0
107.0
101.0
104.6
85.7
115.3
120 2
97.0

111.0
106.0
105.fi
120.2
109.8
118.0
106.8
94.7

110.0
99.0
103.1
108.3
120.2
140.8
99.5
87.1

111.0
101.0
102.8
110.3
118.7
140.6
85.7
80.4

113.0
105.0
105.0
120.9
139.7
150.9
102.6
95.2

116.0
108.0
102.5
120.0
125.8
143.9
95.9
91.8

114.0 111.0
114.0 113.0
112.9 110.5
134 . 6 123.2
120 3 77.9
141.1 124.5
120 6 119.0
1086 105.7

113.0
112.0
112.8
116.3
70.9
98.1
104.1
96.8

117.0
117.0
115.2
129.9
121.5
79.5
130.2
114.0

128.0
112.0
124.4
141.2
165.2
135.0
111.1
93.0

126.0
113.0
126.7
139.9
151.5
138. 5
106.5
99.8

Power and construction:
Electric power
92.5
Building contracts (37 States).... 89.7

98.1 109.5 122.6 133.3 146.0 139.8 142.4 149.8 145.2 58 0 154.6 157.8 164.3 148.1 159.3 157.1 161.2 154.9 159.7
92.7 117.6 111.0 106.8 121.4 142.2 123.7 118.8 114.2 129 1 111.1 98.2 88.6 81.9 117, 1 128.0 122.4 109.7 113.7

Unfilled orders:
General index
U. S. Steel Corporation

121 7
125 8

87 0
83.6

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

94.6 102.0 103.5 114.6 120.8 122.7 108.4 105.4 107.5 116.0 132.9 137.0 141.5 138.4 136.4 133.0 127.0 121.4 118.7 119.5
93.8 103.2 103.0 106.3 112.5 116.7 117.3 118.3 115.4 111.3 110.7 113.7 120.4 125.2 124.8 121.0 119.0 117.8 117.8 116.9
102.5 91.4 106.2 145.5 153.1 123.8 74.7 58.6 52.4 89.5 155 1 181.4 187.7 169.8 149.5 130.5 109.9 88.4 70.9 54.2
106.4 113 9 73,1 64.8 85.4 58.4 52.0 48.5 48.4 45.8 4 0 3 46.1 57.8 55.4 48.8 46.8 50.8 62.2 73.4 86.3

Employment:
Factories

106 6

Prices:
Farm products, to producers
Wholesale, all commodities
Retail food
Cost of living (including food)..

07 8
99 9
97 6
Q8. 1

46 2
97
97
97
99

1
4
6
9

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

91 2 96 7
101.0 t>8 fi
98 0 99 0
89.2 98.1
88 0 W9 0
97 8 93 1
91 6 100 8

Transportation :
Freight, net ton miles,,

102 2

, . ..

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




91.3
90.6

«7 2

84.6
82.1

97 9

74.0
71.1

94 4

76.2
80.7

91.9

75.2
76.2

91.2

77.1 74.7
74.8 75.9

90.3

91.7

74.7
77.4

U3.0

71 5 72.7
78 6 76.9

93.9 93.4

71.0
83.3

75.0
86.1

93.5 93.2

80.0
86.8

95.4

86.0
92.4

96.6

93.0
92.7

97.1

88.5
90.1

97.2

83.4
89.2

96.8

82.0
85.6

96.2

106 6 98 6 94 9 100.7 105.1 105. 1 100.7 102 2 99 3 97.1 97.1 9ft. -1 98.6 101.4 100.0 98.6 97.8 101 4
102 8 99 3 94 7 97.0 96.9 97.6 98.2 99 4 97 1 96.0 96.0 96.5 96.0 96.8 96.1 95.1 95.7 97.3
104.9 107 6 103.6 102.9 102.0 102.1 103.0 105.4 104 8 105.1 104.1 103.3 103.2 102.2 101.3 102.4 103.4 105.9
102.3 102 3 99 9 98.7 08.0 68.0 98.0 99.3 99 3 99.3 98.7 98.0 98.0 97.4 96.8 96.8 97.4 98.7
111 9
»02 0
(OH 0
112.7
113 0
109 0
107 8

•19 6
101 0
106 0
120.2
125 0
114 3
106 6

132.5
97 0
106 0
126.2
138 0
108 0
106 8

158. 2
96.0
10*. 0
147.6
150 0
105. 5
112.6

165.4
92.5
105. 0
137.1
lffi.fi
98.2
102.3

140.4
94.2
107.0
123.1
148.0
98.4
99.8

149.9
100 6
105.0
140.0
144.0
107.3
100. 1

155 9
96 4
119 0
155.4
165. 0
99 0
111.1

161 0
97 4
'Ofi 0
194.4
148 0
110 0
145 1

65.1
00.0
06.0
88.4
51.0
01.1
43.5

tf.V 9 lOl 9 109 1 106.0 106 5 100.0 105. 0 113.6 117.3 129. 2 24.6

94 ) 98.6 107.4
116.2 90.0 93.5
99 0 104 1 96.9
96.4 99.9 103.6
86 0 96. 1 117,9
86. 1 91.9 122 0
106.0 106.8 87.2

112.9
100.9
96 0
108.0
133. 4
132.4
80.4

117 3
95.4
99 1
112. 5
162.7
171.4
102.2

126.8
112.8
89.1
113.0
174.5
214.8
95.6

128.4
113.2
84.7
112.3
169.6
202.1
70 3

126.6
119.0
88.9
110.9
170.3
206.1
69.8

12fi. 6
124.8
90.0
109.8
173.8
213.4
137.3

127.3
130 6
86.5
111.0
178.5
22b. 9
80.1

128.3 29.8
127.6 124.8
87.0 84.5
111.3 112.0
176.4 186. 0
234.5 252. 6
82.5 95.8

172.3
94.9
116.0
227.4
Lfi3. 6
105. 0
125.3

187 2
101 1
104 0
144.9
145.8
114 2
128.5

194.3
96.3
UU 0
141.8
156. 9
114.4
116.4

195. 1
9fi.3
113.0
163. 3
167 4
118.8
129.0

180.6
100.0
105. 0
170.0
153. 0
127 1
112.2

180. 5
102.0
107.0
168. 2
172. 0
123.9
101.4

159.0
9fi.O
112.0
176.4
174. 0
109.4
103. 6

184.8
100 0
108.0
163.0
162. 0
109.3
105.6

88.4 104.8 102. 2 107.8 102.7 112.6 109.1
135. 4
124.8
80.2
110.7
180.3
229.0
96.2

128.7
124.8
89.9
110.8
189.3
275.0
127.1

130. 6
127. 6
90.5
109.6
188.3
280.3
80.3

132.4
136.4
92.6
108.0
184.9
283.7
85.7

131.3
139.2
94.9
107.6
183.7
285. 8
83.2

129.3
139.2
96.5
108.7
184.4
290 3
97.2

135.1
139.2
94.4
105.4
192.1
297.8
74.0

136.2
139.2
96.4
104.9
213.4
330.8
76.5

BUSINESS CONDITIONS IN JULY
PRODUCTION

ment stores at the end of the month were smaller than
Industrial output during July, according to the at the end of either the preceding month or July, 1928.
Sales by 10-cent chain-store systems showed a
weighted index of the Federal Reserve Board, showed
decline from June, but were considerably larger than
a decline from the preceding month but a substantial
gain over July, 1928, after adjustments for seasonal in July of last year. Grocery chains reported larger
variations. The principal gains over July, 1928, sales than in either the previous month or the correoccurred in iron and steel, nonferrous metals, cement, sponding period of 1928. The volume of business
brick and glass, automobiles, and textiles. Mineral transacted by drug chains showed gains over both the
production, after seasonal adjustments, showed a gain preceding month and July a year ago, while shoe
chains, showing a lower sales volume than in June,
over both the previous month and July, 1928.
reported larger business than in July of last year.
COMMODITY STOCKS
Sales or new orders for manufactured goods were
Stocks of commodities held at the end of July were generally greater than in July a year ago. New
higher than at the end of either the preceding month orders for structural steel, fabricated steel plate, steel
MANUFACTURING PRODUCTION BY MAJOR GROUPS
[Relative numbers, monthly average 1923-1925 taken as 100, adjusted for seasonal variations]

100
LEATHER AND SHOES

80
135

100

CEMENT, BRICK, AND GLASS
. i . . t . . 1 . . I. . 1 . . 1 . . i . . I . . . . . 1 . , ..

100
NON-FERROUS METALS

80
480

100

•0

100
60
140

100

1923

1924

1925

1926

1927 " 1928

1929

or July of last year, the gain over a year ago being
solely due to larger holdings of raw materials.
SALES

The weighted index of unfilled orders was lower at
the end of July than at the end of June, but showed a
gain over a year ago. As compared with last year,
all groups showed higher forward business except
lumber, which showed no change.
Wholesale trade in July, after seasonal adjustments,
showed a larger sales volume than in either the
previous month or July a year ago. Sales by department stores, after adjustments for seasonal conditions,

showed a decline from both the preceding month and

.Tnlv fl. vAfl.r AOYV

IVTpiTvVhfvnrlisp, sf.np.lrs hp.lrl Kv

1923

1924

1925

1926

1927

1928

1929

castings, malleable castings, and mechanical stokers
were greater than last year. New orders for machine
tools, though declining from the preceding month, were
considerably larger than at this time a year earlier.
New orders for steel sheets and electric hoists were also
larger than a year ago. New orders received for
cotton textiles showed a substantial gain over July,
1928, while sales of boxboard also were larger than in
the same period of last year.
New orders for enameled sanitary ware showed a substantial gain over those reported for the corresponding
period of last year. New orders for most types of lumber, however, showed a decline from a year ago. Sales of
terra cotta were also lower than in July of last year, but

PRICES

EMPLOYMENT

The weighted index of wholesale prices showed a
gain of 2 per cent over the preceding month, reaching
the level which prevailed in July, 1928. Prices for all
groups advanced as compared with the preceding
month, except fuel and lighting, which declined, and
textiles, metals and metal products, chemicals, and
house furnishings, which showed no change. Wholesale prices for all groups were higher than a year ago,
except hides and leather, textiles, chemicals, and fuel
and lighting, which declined, and house furnishings,
which showed no change, these declines being balanced
by increases in farm products, foods, metals, and
building materials. Prices for raw materials and semimanufactured articles were generally lower than a

The general index of factory employment showed a
seasonal decline from the preceding month, but was almost 7 per cent higher than in July> 1928. Employment
in factories producing foods, leather and its products, paper and printing, and chemicals was greater than in the
previous month, but the gains in these groups were insufficient to offset declines reported in iron and steel, stone,
clay, glass, nonferrous metals, tobacco products, and vehicle factories. Employment in all industrial groups in
July was greater than was reported for the same month of
1928, except in factories producing stone, clay, and glass
products, where a decline in employment was registered.
The principal gains over a year ago occurred in iron and
steel, chemicals, nonferrous metals, and vehicles, where

FACTORY EMPLOYMENT, BY GROUPS
[1926 monthly average* 100. July, 1929, is latest month plotted]
FOODSTUFFS
^ b .
^ >

^a^Sr

^K%

IRON AND STEEL

PAPER AND PRINTING

1923

1924

1925

1926

1927

1928

t929

year ago, while prices for finished products and
non-agricultural commodities showed practically no
change.
The index of prices received by farmers for their
produce showed a gain of almost 4 per cent over the
previous month, but was more than 3 per cent lower
than a year ago. Farm prices for grains, fruits and
vegetables, and meat animals were higher than in
June, while prices for dairy and poultry products
showed no change and cotton declined. Prices for all
groups were lower than a year ago, except meat
animals and poultry and dairy products which
advanced.
The cost
 of living index was higher than a year ago.
http://fraser.stlouisfed.org/
Costs for food were higher than in July, 1928, while
Federal Reserve Bank of St. Louis

1923

1924

1925

1926

1927

1928

1929

the gains were 5 per cent or more. The gain in miscellaneous employment, including factories producing
rubber tires, was 29 per cent over last year.
Factory pay-roll payments in July were seasonally
lower than in the preceding month, but showed a gain
of almost 8 per cent over the corresponding period of
1928. Pay-roll payments were lower than in June in
all industrial groups, except leather, where a gain of 8 per
cent was reported. The principal declines from the previous month occurred in vehicle, stone, clay, glass, and
textile factories. Pay-roll payments in all major groups
were greater than in July a year ago, except stone, clay,
and glass, where a decline of almost 5 per cent was reported. The greatest gains over last year were registered in payments by iron and steel, nonferrous metal,
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6

WKOLLSALL PRICi S FOR SPLCIFIED COMMOLHILS
[Relative numbers, 1926 monthly average taken as 100. July, 1929, is latest month plotted. Data from which these charts are drawn are given on the opposite pag£]

WHEAT, NO, 2, HARD, WINTER

FLOUR, WINTER

CORN, NO. 2

OATS

160
140
120
• •<

100

**•

^

.f
/

%

HAMS, SMOKED

180

LEATHER, CHROME, CALF

PETROLEUM

BITUMINOUSCOAL

COKE

PIG IRON, FOUNDRY

ZINC

TIN

COPPER INGOTS

140
100

60
120

100
'*•

80

•
H

• l
M
AAA

120,

STEEL BEAMS

LUMBER, PINE, FLOORING

^

**

••M

iJ

CEMENT

100
80
60




s-

Z CD
^ ff

u.

1928-

j g > g J
5 < 5
1929 —

BRICK, COMMON

WHOLESALE PRICES FOR SPECIFIED COMMODITIES
E.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agriculture Economics, nonferrous metals
from the Engineering and Mining Journal-Press, except tin, which is from the American Metal Market. All other prices are from U. S. Department of Labor, Bureau of
Labor Statistics. So far as possible all quotations represent prices to producer or at mill.
RELATIVE PRICE
ACTUAL PRICE

(dollars)

1926 average =100

Unit

COMMODITIES

June, 1929 July, 1929 July, 1928

May,
1929

June,
1929

July,
1929

June,
1928

July,
1928

FARM PRODUCTS-AVERAGE PRICE TO PRODUCER
Wheat
Corn
Potatoes
Cotton
Cottonseed
Cattle beef
Hogs
Lambs

- ..

Bushel
Bushel
. - . . . . _ Bushel
Pound
- * - -.-. .Ton
- ~_*~_...
Pound
Pound
Pound.
- «,.-_-.

0.868
.869
.633
.179
35.83
.0972
.0980
1.231

1.024
.912
.870
.178
34.84
.0980
1.033
1.190

1.181
1.024
-.779
.210
39.27
.919
.964
1.225

67
123
32
119
139
151
84
111

-64
124
34
119
132
151
83
106

76
131
47
118
128
152
88
103

98
146
45
131
152
141
74
114

87
147
42
139
144
142
82
106

Cwt
Cwt .
Cwt

1.15
1.221
.921
.467
.531
.888
.188
.42
14. 375
10. 656
5.313
12. 750

1.43
1.334
.995
.483
.650
1.047
.186
.42
14. 975
11.200
5.550
13. 800

1.38
1.521
1.080
.614
.833
1.125
.215
.55
14. 990
10. 855
5.375
15. 175

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

73
79
121
109
77
93
107
91
151
86
81
93

91
87
131
112
94
110
106
91
157
91
84
101

94
107
136
166
139
132
122
120
142
82
89
95

87
99
142
143
120
118
123
120
157
88
82
111

Barrel
Barrel
Pound
Pound
Pound
Pound
Pound
Pound.
Pound
Pound.

6.375
5.260
.035
.049
.096
.234
.238
.254
.44
.235

7.690
6.313
.038
.052
.096
.238
.255
.267
.42
.235

7.355
6.444
.042
.057
. 101
.229
.249
.236
.45
.215

73
72
82
89
82
140
135
81
98
103

76
73
81
89
81
143
139
82
98
103

91
87
88
94
81
145
149
87
93
103

94
99
100
108
86
129
132
70
98
94

87
89
97
104
85
139
146
77
100
94

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

.348
.072
.084
1. 450
.975
2.008
1. 959
4.925
9.250
»

.348
.073
.083
1.450
.975
2.008
1.959
4.876
9.250

.384
.079
.092
1.600
1.025
2.008
2.064
4.851
9.500

99
97
94
105
94
100
90
77
82

97
96
90
101
94
100
90
80
80

97
97
89
101
94
100
90
79
80

104
102
98
110
99
100
97
78
86

107
105
99
112
99
100
95
78
82

Pound
Pound
Square foot..
Pound
Pair
Pair

.168
.186
.500
.485
6.750
4.850

.181
.199
.490
.505
6.750
4.850

.239
.278
.565
.670
6.750
5.000

106
103
113
112
106
100

119
107
110
111
106
100

129
115
108
115
106
100

160
154
117
155
106
103

170
160
125
153
106
103

Net ton
Net ton
Long ton
Short ton_-_
Barrel

3.905
4.177
12. 628
2.800
1.300

3.906
4.245
12.754
2.800
1.300

3.984
4.342
12. 965
2.785
1.195

91
86
91
68
61

91
87
92
68
69

91
89
93
68
69

93
91
94
68
63

92
91
94
68
63

Long ton
Long ton
Long tons...
Pound
Pound
_
Pound
Pound
Pound

20. 260
18.500
35. 250
.1778
.233
.0700
.4426
.0669

20. 260
18. 500
35. 000
.1778
.233
.0680
.4640
.0677

18. 410
16. 000
32. 000
.1453
.193
.0622
.4710
.0620

98
99
103
129
122
83
67
90

98
100
101
129
122
83
68
91

98
100
100
129
122
81
71
92

90
83
92
105
101
75
73
84

89
86
91
105
101
74
72
85

Mfeet
Thousand. ._

37. 040
11. 000

37. 270
10. 125

36. 160
13.500

82
70

82
67

83
62

81
82

80
82

Barrel
Cwt
Pound
Ton . . __
Cwt
Cwt

1.650
1.950
.206
15.500
2.525
3.250

1.650
1.950
.213
15.500
2.600
3.250

1.683
1.850
.192
15. 500
2.525
3.250

95
100
44
107
87
94

95
100
43
107
88
94

95
100
44
107
91
94

97
95
40
107
88
94

97
95
40
107
88
94

FARM PRODUCTS-MARKET PRICE
Wheat, No 1, northern spring (Minneapolis)
.
.Wheat, No 2, red, winter (Chicago)
„
„ .
Corn contract grade No 2 ca^h (Chicago)
Oats contract grades cash (Chicago)
Barley, feeding (Chicago)
- .. Rye, No 2, cash (Chicago)
...
Cotton, middling upland (New York)
Wool, J4 blood combing, Ohio and Pennsylvania fleeces (Boston) —
Cattle, steers, good to choice, corn fed (Chicago).
Hogs, heavy (Chicago).
Sheep, ewes (Chicago)
,. ... .
Sheep, lambs (Chicago)
*
_

Bushel
Bushel. .
Bushel
Bushel
Bushel
Bushel
Pound
Pound
C\vt

FOOD
Flour, standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
__ _
Sugar granulated, in barrels (New York)
Cottonseed oil, prime yellow (New York).
. ...
.... _.
Beef, fresh carcass good native steers (Chicago)
Beef, fresh, carcass steers (New York)
Pork smoked hams (Chicago)
... ._. . _ - . . _
Butter, creamery 92 score (New York)
Oleomargarine, standard uncolored (Chicago)
TEXTILES
Cotton yarns, carded, white, northern, mule spun, 22-1-cones (Boston).
Cotton-print cloth, 64 x 60- 38^"-5.35— yards to pound
_.
Cotton sheeting, brown 4/4 Trion (New York)
Worsted yarns 2/32's cross-bred stock, white in skein (Boston)
Women's dress goods, French, 39 inches, at mills, serge
Suitings unfinished worsted — 13-ounce, mill
Suitings, serge, 11-ounce, 56-58 inch
Silk, Japan, 13-15
^
Hosiery women's pure silk mill
LEATHER
Hides, green salted, packers' heavy native steers (Chicago)
Hides calfskins No 1 country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright "B" grades (Boston)
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf oxford (St Louis)
FUEL
Coal, bituminous mine- run (composite price)
Coal, bituminous, prepared sizes (composite price).
Coal, anthracite, chestnut (composite price)
Coke, Connellsville (range of prompt and future), furnace— at ovens...
Petroleum, crude, Kansas- Oklahoma— at wells
_
METALS
Pig iron, foundry No. 2, northern ( Pittsburgh) .
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh),
Copper ingots, electrolytic, early delivery (New York)
Brass, sheets, mill
Lead, pig, desilverized, for early delivery (New York).
Tin, straits (New York)
_
_
__
Zinc, slab, western (St Louis)
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, mill
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district) .
Steel beams, mill ( Pittsburgh) ..
Rubber, smoked sheets (New York)
_
__ _.
Sulphuric acid, 66°, (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York)..
Newsprint, rolls, contract, mill




8
MEASURES OF INDUSTRIAL AND COMMERCIAL ACTIVITY
[Relative numbers, monthly average 1923-1925, taken as 100]

NEW BUILDING CONTRACTS AND AUTOMOBILE

180

PRODUCTION

TOTAL AUTOMOBILE PRODUCTION
(UNITED STATES)

MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
160

50

FACTORY EMPLOYMENT, MANUFACTURING. AND ELECTRIC

200

POWER PRODUCTION

ELECTRIC POWER PRODUCTION
FACTORY EMPLOYMENT

MANUFACTURING PRODUCTION
401.

,

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.

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.

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CHECK PAYMENTS AND RETAIL TRADE

250

CHECK PAYMENTS

50

I . I I . I . . I . . I . . I I I I I . I 1. I . . I . I I I . 1 . I I I I I , I I . I I I , I . . I I I I I I I . , I I 1

1920




1921

1922

1923

1924

1925

\ , . I I I I I I I

1926

I I I ! ! I I I I , .

1927

I I I I I , I

t

1928

. I I , 1

•I . , I .

1929

9
REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

Wool imports in July were greater than in either
the preceding month or July of last year. Wool
consumption also showed gains over both periods.
Activity of woolen machinery was generally lower than
in the previous month but greater than in the same
month of 1928.
Eeceipts of cotton into sight were lower than a
year ago. Exports of raw cotton were likewise lower
than in July of last year. Consumption of cotton by
textile mills, although lower than in June, was 24

showed an increase of 58 per cent over the same period
of 1928. Prices for rayon averaged lower than in
either the preceding month or July a year ago.
The output of cotton textiles was lower than in
June but greater than a year ago. New orders and
shipments, however, were larger than in either period.
The output of fine cotton goods was considerably
greater than in July of last year. Imports of cotton
cloth were larger than in either the previous month or
July a year ago, while cotton cloth exports showed
similar comparisons with both periods. Prices for

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

1923

1924

1925

1926

1927

1928

J929

1923

1924

1925

1926

1927

1923

1924

1925

1926

1927

1928

1929

1923

1924

1925

1926

1927

per cent larger than in July, 1928. For the first
seven months of the year cotton consumption was
14 per cent greater than in the corresponding period of
last year. Stocks of cotton held at mills and in public
storage at the end of July were 7 per cent lower than
at this time a year ago.
Imports of silk were larger than in either the preceding month or July a year ago. Deliveries of silk
to consuming establishments were likewise greater
than in any prior similar period. Silk machinery
was generally more active than in July, 1928.
Imports of rayon, although smaller than in June,
were 30 per cent heavier than in July of last year. For
the first seven months of the year rayon imports
 68342—29


2

1928

1929

cotton goods were generally unchanged from the preceding month but were lower than in July a year ago.
Cotton finishers showed larger activity than was
reported in July of last year. For the first seven
months of the year cotton finishers showed an increase
of 17 per cent in the shipment of finished goods.
Stocks of finished goods in the hands of finishers at
the end of July were 2 per cent lower than at that time
in 1928.
Textiles spread with pyroxylin showed a decline
from both the preceding month and July of last year,
but for the first seven months of the year the output
of pyroxylin-coated textiles showed a gain of almost
9 per cent over the same period of last year.

10
METALS

The production of pig iron was greater than in either
the preceding month or July a year ago. For the
first seven months of the year pig iron output was 18
per cent larger than in the same period of last year.
Wholesale prices were lower than in the preceding
month but higher than a year ago.
The output of steel ingots, although smaller than in
June, was 27 per cent greater than in July a year ago.
For the first seven months of the year steel-ingot production was 18 per cent larger than in the same period
of 1928. Unfilled steel orders at the end of July were
almost 15 per cent greater than at this time last year.

year ago. Shipments of structural steel were likewise
greater than in either period. For the first seven
months of the year structural steel shipments showed
a gain of 19 per cent over the same period of 1928.
New orders for fabricated steel plate were also
greater than in either the preceding month or July,
1928. Shipments of cold-finished steel bars, although
declining from the preceding month, were greater than
a year ago. The production of malleable castings was
smaller than in June but greater than a year ago.
Shipments of enameled sanitary ware were smaller
than in July a year ago. For the first seven months
of the year sanitary ware shipments were substantially

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

4
PRODUCTION
/KHUUU

|

/v

100
_••«•

iI

1

c

. if ' ' i

* ^
^
COPPER
1923

1924

1925

1926

1927

1928

1929

1923

1924

1925

1926

1927

1928

1929

1923

e o |

The output of steel sheets by independent manufacturers showed a decline from the preceding month but
was 21 per cent greater than in July, 1928. For the first
seven months of the year steel-sheet production was 11
per cent larger than in the corresponding period a year
ago. Wholesale prices of steel also averaged lower than
in the previous month but WJT ^ higher than a year ago.
New orders and production of steel castings were
greater than in either the preceding month or July,
1928. For the first seven months of the year the production of steel castings was 31 per cent larger than in
the same period of last year.
New orders for fabricated structural steel were
greater than in either the previous month or July a



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1923

1924

l

1925

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1924

1925

1926

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1926

1927

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1927

1928

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1929

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1929

lower than in the same period of 1928. Stocks of
sanitary ware at the end of July were greater than at
this time last year.
New orders for machine tools were smaller than in
June but larger than in July a year ago. Machine-tool
shipments showed similar comparisons with both
periods.
The production of copper was smaller than in June
but larger than a year ago. For the first seven months
of the year copper output was 23 per cent greater
than a year ago. Stocks of blister copper in North and
South America were lower than at this time last year.
Copper prices showed no change from the preceding
month but were 22 per cent higher than a year ago.

11
FUELS

The output of bituminous coal was greater than in
either the preceding month or July a year ago. For
the first seven months of the year bituminous coal
production showed a gain of 12 per cent over the
same period of last year. Anthracite production was
smaller than in June but greater than a year ago.
The production of coke was greater than a year ago.
The production of crude petroleum was larger than
in either the previous month or July, 1928.
AUTOMOBILES AND RUBBER
Automobile production for the first seven months of
the year established a new high record. The output
of automobiles in July, although declining from the

For the first seven months of the year imports were
18 per cent smaller than in the corresponding period
of last year, the decline from a year ago being almost
entirely due to smaller importations of cattle hides.
More animals were slaughtered under Federal
inspection in July than in either the preceding month
or July a year ago. For the first seven months of the
year, however, a decline was registered from the
same period of last year in the slaughter of animals,
except sheep, which showed a gain. Prices for cattle
hides averaged higher than in the previous month but
were lower than a year ago.
The output of sole leather was lower than in either the
preceding month or July of last year. For the first

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

1924

T923

1925

i i I i i I i i I , i JJ_i_Lj_LU.± I I i

1923

1924

1925

1926

1927

1928

1929

preceding month, was 28 per cent greater than in the
corresponding period of last year. Imports of rubber
were considerably greater than in July of last year.
For the first seven months of the year rubber imports
were 51 per cent larger than in the same period of 1928.
Production of pneumatic tires in July, although smaller
than in the preceding month, was greater than in the
same period of 1928. The output of pneumatic tires for
the first seven months of the year showed a gain of 15
per cent over the corresponding period of last year.
HIDES AND LEATHER

Imports of hides and
http://fraser.stlouisfed.org/
in the preceding month,
Federal Reserve Bank of St. Louis

skins, although greater than
were smaller than a year ago.

1925

1926

I l I M I I l I |l I I I I M I M ! I I

1927

1928

seven months of the year sole leather production was
12 per cent smaller than in the corresponding period
of 1928. Stocks of sole and belting leather at the end
of June were greater than a year ago. Exports in
July were larger than in either the preceding month
or July of last year, while prices for sole leather
averaged higher than in June but were lower than a
year ago.
The output of shoes showed a gain over both the
preceding month and the corresponding period of last
year. For the first seven months of the year shoe
production wras 2 per cent greater than in the same
period of 1928. Shoe prices showed no change from
either the preceding month or the same period a year ago.

12
BUILDING AND CONSTRUCTION

The value of new building contracts awarded during
July was larger than in either the preceding month or
July of last year. For the first seven months of the
year, however, building contracts showed a decline
of about 8 per cent from the corresponding period of
1928. Fi,re losses in the United States and Canada
in July were greater than in either the preceding month
or July of last year, but for the first seven months a
decline of 2 per cent was reported from the same
period of 1928.
LUMBER AND LUMBER PRODUCTS

The production of southern pine lumber was larger
than in June but smaller than a year ago. For the
first seven months of the year southern pine lumber

in the same month of 1928. Stocks of face brick at
manufacturing plants were considerably greater than
at this time a year ago. Shipments of common brick
during June were smaller than a year ago, while
stocks at the end of the month were higher than a
year ago.
New orders for porcelain plumbing fixtures showed
a gain over both the previous month and July, 1928,
but for the first seven months of the year declined
55 per cent from the same period of 1928. New
orders for terra cotta were greater than in June but
smaller than a year ago.
The output of Portland cement was 3 per cent greater
than in June but 2 per cent smaller than in July,
1928. Cement production during the first seven
months of 1929 showed a decline of more than 2 per

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

300

20

JQI I I I I I I I I I I I I I I I I I I I I I I I

1921

1922

I I | I I I I I I I I I I I I 1 I I I I I I I I I I I I I I I I I I I I I I 1 I I I I I I I I I I I I M I I I I I I I I I I I 1 I I I I I I I I I

1923

1924

production showed a decline of 5 per cent from the
same period of last year. Stocks of southern pine
at the end of July were 6 per cent smaller than a year
ago. Prices for southern pine flooring averaged higher
than in either the previous month or July a year ago.
California redwood production showed declines from
both the preceding month and July of last year, while
the output of California white pine, showing an
increase over June, was lower than in July, 1928. For
the first seven months of the year the production of
both California redwood and white pine was lower
than in the same period of last year.
STONE, CLAY, AND GLASS
 The production
http://fraser.stlouisfed.org/
July of last year.
Federal Reserve Bank of St. Louis

of face brick showed a gain over
Shipments were also larger than

1925

1926

1927

1928

1929

cent from the corresponding period of 1928. Cement
shipments by manufacturers were larger in July than
in either the preceding month or July a year ago,
but for the calendar year to date, shipments were
almost 4 per cent lower than in the same period of
last year.
FOODSTUFFS AND TOBACCO

The visible supply of wheat in the United States
and Canada at the end of July was substantially
greater than a year ago. Exports of wheat from the
United States showed gains over both the preceding
month and July of last year. For the first seven
months of the year wheat exports were 41 per cent
greater than in the same period of 1928. Wheat
prices averaged higher than in either the previous
month or July a year ago.

13
The visible supply of corn was smaller than a year
ago. Receipts and shipments of corn at principal
markets were also smaller than last year. The price
of corn averaged higher than in June but was lower
than a year ago.
The visible supply of oats was about four times as
large as a year ago. Oat receipts also showed a gain
over last year. Wholesale prices for joats averaged
higher than in June but were lowe/jthan a year ago.
Receipts and shipments of cattle at primary markets showed gains over the previous month. Receipts
were greater also than last year, but shipments

catch at the principal ports was greater than last year,
while storage holdings showed a decline.
Receipts of butter at principal markets were larger
than last year. Cold storage holdings also showed a
gain over a year ago. Wholesale prices for butter
averaged lower than in either the previous month or
July, 1928. Receipts of cheese were lower than a
year ago, but cold-storage holdings showed a gain.
Cheese imports were substantially greater than in July,
1928. Wholesale prices for cheese showed no change
from the previous month but were lower than a year ago.
Receipts of eggs were greater than last year, while

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

200

1923

1924

1925

declined. The output of beef products under Federal
inspection was greater than last year. Cold-storage
holdings at the end of the month were 50 per cent
larger than a year ago. Prices for cattle were fractionally lower than a year ago, while beef prices
averaged higher.
Receipts and shipments of hogs at primary markets
were greater than in either the previous month or
July, 1928. The output of pork products under
Federal inspection was greater than a year ago, while
storage holdings showed a decline.
Receipts of poultry at primary markets were greater
than in either the previous month or the same month
of 1928. Storage holdings of poultry at the end of

July were somewhat larger than a year ago. Fish


1926

1927

1928

1929

storage holdings of case eggs at the end of the month
showed a decline of 15 per cent from a year ago.
Imports of raw sugar were larger than in July, 1928.
Sugar meltings also showed a gain over last year.
Prices for sugar averaged higher than in June but
were lower than a year ago. Imports of coffee showed
a gain over a year ago, while prices averged lower
than in either the previous month or July, 1928.
The consumption of cigarettes showed a decline
from the preceding month, but was 10 per cent larger
than a year ago. For the first seven months of the
year cigarette consumption showed a gain of 15 per
cent over the same period of 1928. The consumption
of cigars in July was greater than in either the previous month or July of last year.

14
TRANSPORTATION

The movement of freight by rail, as indicated by
car loadings, were smaller than in June but greater
than a year ago. For the first seven months of the
year car loadings showed a gain of 5 per cent over the
same period of 1928. The movement of freight by
river and canal was greater than a year ago. Shipments of railroad locomotives by manufacturers were
greater than in July a year ago. Unfilled orders for
locomotives were almost three times as large as a year
ago.
DISTRIBUTION MOVEMENT

Sales by mail-order houses and 10-cent chain stores
were considerably greater than a year ago. Magazine

in life insurance, although smaller than in the previous
month, were greater than a year ago. Prices for stocks
listed on the New York Stock Exchange reached new
high averages during the month. Bond prices showed
declines from both the previous month and July, 1928.
Business failures were less numerous than in June but
larger than a year ago. Defaulted liabilities of failing
business firms were greater than in either the previous
month or July of last year.
GOLD, SILVER, AND FOREIGN EXCHANGE

Domestic receipts of gold at the mint were greater
than in either the previous month or July, 1928. The
Rand output of gold was also larger than in either
period. Gold imports continued to mount.

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

200

CLOTHING AND FURNISHINGS

GENERAL STORES

6QI I I

II

I I

1923

M

i i

II

1924

I h i I I i I i i ! i i I i i I i i -I i i ! i i I i i I i i I i i i i I i i I M I i i ! i l I 1 1 l i i
925
1926
1927
1928
1929

advertising and advertising in newspapers also showed
gains over last year. Radio advertising was greater
than a year ago. Postal receipts also showed a gain
over July, 1928.
BANKING AND FINANCE

Check payments were larger than in either the previous month or July a year ago. Bills discounted by
the Federal reserve banks showed declines from both
periods. Loans and discounts of Federal reserve member banks were larger than in either period, while the
Federal reserve ratio also averaged higher. Interest
rates were generally higher than a year ago. Dividend and interest payments showed gains over both

the previous month and July of last year. New sales


The production of silver showed a substantial gain
over last year but was lower than in June. Domestic
stocks of silver were considerably greater than a year
ago. Silver imports were smaller than last year, while
the price of silver averaged lower than a year ago.
The production of silver in Canada was lower than in
July, 1928, while silver stocks in Canada also declined
from a year ago.
Exchange on the principal foreign countries showed
practically no change from the preceding month. Of
outstanding importance, however, was the recovery in
the Japanese yen. As compared with a year ago all
currencies showed lower rates or remained stationary,
the principal declines occurring in the Chilean peso,
the Indian rupee, and the Argentine peso.

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

Minimum
since
Jan. 1,
1923

125
123

81
83

110
109

108
109

105
110

125
123

124
126

127
128
155
121
110
127
110
166
134
138
137
170
166
142

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

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

108
111
115
108
93
118
91
117
108
123
115
153
143
125

106
111
124
100
89
117
94
119
112
119
113
156
149
125

126
124
145
122
97
122
83
151
102
128
137
168
159
142

124
120
125
133
142
143
139
125
125
123

84
90
77
1
88
0
82
93
75
85

110
105
93
112
120
80
110
113
101
85

104
101
91
76
118
107
110
117
100
93

103
100
93
67
119
104
113
117
97
76

115
116
102
86
133
143
139
120

124
421
131
148
160
243

79
14
76
67
64
44

108
195
90
139
115
156

116
378
83
106
147
168

251
205
199
266
353
266

45
38
60
43
11
22

72
84
136
94
57
23

52
56
164
75
25
24

May

June

PEE CENT INCREASE (+)
OE DECREASE (— )

1929

Maximum
since
Jan.l,
1923

July, 1929,
from June,
1929

July, 1929,
from July,
1928

119
124

-4.0
-1.6

+ 13.3
+ 12.7

126
128
155
121
96
127
85
166
113
134
126
170
162
139

119
126
151
118
96

-5.6
-1.6
-2. 6
-2.5
-0.0

+ 12.3
+ 13.5
+ 21.8
+ 18.0
+ 7.9

146
113
138
128

-12.0
-0.0
+ 3.0
+ 1.6

+ 22.7
+ 0.9
+ 16.0
+ 13.3

131

+ 5.8

+ 4.8

117
114
101
72
142
119
122
125
120
91

+ 0.9
+ 0.9
+ 1.0
-5.3
+ 4. 4
-5.6
-1.6
+ 2.5

+ 13.6
+ 14.0
+ 8.6
+ 7.5
+ 19. 3
+ 14.4
+ 8.0
+ 6.8

100

116
112
100
|76
136
126
124
122
112
91

0.0

+ 19.7

108
387
78
92
138
154

109
121
84
131
134
161

112
306
76
111
147
179

114
404
183
T96
144
243

+ 1.8
+ 32.0
+ 9.2
-13.5
-2.0
+ 35.8

+ 5.6
+ 4.4
+ 6.4
+ 4.3
+ 4.3
+ 57.8

87
147
107
164
28
22

51
53
118
111
27
22

56
75
147
89
18
25

+ 60.7
90
179 + 136.0
+ 15.0
169
+ 19.1
106
11 1 -38.9
-40.0
15

+ 3.4
+ 21.8
+ 57.0
-35.4
-60.7
-31.8

July

May

June

July

PRODUCTION
TOTAL INDUSTRIAL

Unadjusted, except for working days
Adjusted for seasonal variations
MANUFACTURING

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

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

Total
Wool
Livestock
Poultry and eggs
Dairy products
Fish
CROPS (Marketings)

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

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




16
INDEXES OF BUSINESS-Continued
1938

PER CENT INCREASE (+)
OR DECREASE (— )

1929

Maximum
since
Jan.l,
1923

Minimum
since
Jan.l,
1923

112
112
151
204
148

74
71
54
18
65

101
98
120
140
85

95
93
96
172
84

87
88
64
170
80

138
179
143
141
118
129

73
70
71
67
85
75

104
94
116
113
104
94

97
85
117
101
104
104

95
77
116
100
101
97

Grand total

138

82

117

108

Total manufactured goods
FoodstuffsTextiles _
Iron a n d steel
_,_
Nonf errous metals
Lumber
Stone clay etc
Leather
__
Rubber
PaperChemicals and oils

125
129
138
157
133
125
192
123
199
155
125

88
79
78
78
74
78
64
66
77
46
84

120
103
137
147
118
109
155
69
170
142
103

157
187
202
136
153

69
68
43
54
73

167
154
157
204
142

Relative to 1923-1925 monthly average as 100

May

June

July

May

June

July

July, 1929,
from June,
1929

July, 1929,
from July,
1928

-1.1

PRODUCTION— Continued
FOREST PRODUCTS

Total
Lumber
__
Pulpwood
Gum (rosin and turpentine) * Distilled wood
_

99
94
132
158
108

90
87
99
177
100

89
87
81
204
95

0.0
-18.2
+ 15.3
-5.0

+ 2.3
-1. 1
+ 26.6
+ 20.0
+ 18.8

105

121

119

120

+ 0.8

+ 14.3

117
103
134
140
120
94
153
71
162
153
96

118
118
129
133
119
104
149
71
145
155
90

118
99
116
142
115
101
180
71
199
99
114

118
113
124
145
116
99
168
71
199
94
105

117
124
127
139
120
101
160
70
177
90
100

-0.8
+ 9.7
+ 2.4
-4. 1
+ 3.4
+ 2.0
-4.8
-1.4
-10. 1
-4.3
-4.8

0.8
+ 5. 1
-1.5
+ 4.5
+ 0.8
-2. 9
+ 7.4
-1.4
+ 22. 1
-41. 9
+ 11.1

114
141
98
82
95

102
126
81
74
93

96
123
67
87
91

124
170
92
80
96

119
167
80
94
96

121
185
64
100
93

+ 1.7
+ 10.8
-20.0
+ 6. 4
-3. 1

+ 26.0
+ 50.4
-4.5
+ 14.9
+ 2.2

67
62
66
49
56

74
72
72
73
79

75
67
75
69
84

77
68
75
68
91

89
73
87
96
104

83
75
85
78
95

82
73
84
73
97

-1.2
-2.7
-1.2
-6.4
-2. 1

+ 6.5
+ 7.4
+ 12.0
+ 7.4
+ 6.6

124
119
130
128
167
128
118
131
131

82
83
87
70
43
68
76
88
72

93
96
109
75
57
114
97
110
87

89
97
114
71
39
77
96
104
83

90
92
113
74
68
98
90
102
78

96
96
121
78
60
113
98
111
99

91
96
122
70
49
90
97
105
93

96
99
123
73
69
110
95
111
87

+ 5.5
+ 3. 1
+ 0.8
+ 4.3
+ 40.8
+ 22. 2
-2. 1
+ 5.7
-6.5

+ 6.7
+ 7.6
+ 8.8
-1.4
+ 1.5
+ 12.2
+ 5.6
+ 8.8
+ 11.5

305
237
224
184

62
77
82
55

139
214
164
130

139
208
162
147

128
197
163
116

166
234
195
144

153
222
197
161

146
227
204
120

-4.6
+ 2.3
+ 3.6
-25.5

+ 14. 1
+ 15.2
+ 25.2
+ 3.4

187
117

71
83

108
102

104
96

78
93

110
101

106
95

80
92

-24.5
-3.2

+ 2.6
-1. 1

NEW ORDERS
Tntfll

Textiles
Iron and steel
Lumber
Paper and printing
Stone and clav products
STOCKS

Total raw materials
Foodstuffs.
Textiles
Metals
Chemicals and oils

_
-

_

UNFILLED ORDERS
Total
^
Textiles.
Iron and steel
Transportation equipment
Lumber

__ __
_

WHOLESALE TRADE
Grand total, all classes
Groceries
Meats
Dry goods
Men's clothing
Boots and shoes
Hardware
Drugs
Furniture

_ _
- -

_

RETAIL TRADE
CHAIN STORES:
Ten-cent
Grocery
_ _ _ _ _ __
Drug
_ _ _ _ _ _ _
Shoe
_ _ - - - - _ _ - _ - _ .
DEPARTMENT STORES:
Sales
Stocks
_

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




17
INDEXES OF BUSINESS—Continued
/

May

111

119
122
113
113
117
103
108
106
109
120
113
116

92
95
91
86
85
88
94
85
82
86
86
84
83

93
6
95
92
87
90
98
89
93
93
95
98
90

93
97
94
92
88
89
98
88
93
92
95
98
90

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

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

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

152
178
253
167
166
252
108

Relative to monthly average indicated

Minimum
since
Jan. 1,
1923

125
108
108
98
122
81
79

105
114
107
127
114
112
113
116
104
111
127
128
103
109
106

June

PER CENT INCREASE (+)
OR DECREASE (— )

1929

1928

Maximum
since
Jan. 1,
1923

July, 1929,
from June,
1929

July, 1929,
from July,
1928

98
100
94
101
90
94
101
96
88
97
93
102
116

1 0
+ 1.0
-3. 1
-1.0
0.0
+ 5.6
+ 1.0
+ 2. 1
-3.3
-2.0
1 1
1 0
+ 0. 9

+ 6.5

103
103
97
107
91
87
105
100
91
105
94
110
119

98
103
91
102
90
94
103
100
84
100
93
98
116

4 9
0.0
-6. 2
-4. 7
11
+ 8.0
-1.9
0. 0

-4.8
1 ^
-10. 9
-2.5

+ 7.7
+ 3. 0
+ 4. 6
+ 14. 6
+ 3.4
+ 3.3
+ 4. 0
+ 8.7
-4.5
+ 11. 1
+ 3.3
+ 2.1
+ 30.3

136
113
119
164
137
148
86

135
111
120
163
137
146
85

140
122
136
167
137
145
85

+ 3.7
+ 9.9
+ 13.3
+ 2. 5
0.0
-0.7
0.0

-3.4
-14. 1
-12.8
+ 6.4
+ 2. 2
14 7
3 4

98
107
102
124
97
83
99
94
95
97
81

96
102
98
107
94
81
105
97
94
97
80

96
103
99
108
93
83
105
96
93
97
80

98
108
103
109
93
82
105
97
93
97
81

+ 2.1
+ 4.9
+ 4.0
+ 0. 9
0.0
-1.2
0. 0
+ 1.0
0. 0
0.0
+ 1.3

0.0
+ 0. 9
+ 1.0
-12. 1

98
98
100
96

95
96
95
94

94
97
97
95

96
98
99
96

+ 2.1
+ 1.0
+ 2. 1
+ 1. 1

2.0
0.0
-1.0
0. 0

99
96

100
97

102
98

+ 2.0
+ 1.0

-1.0
-3.9

July

May

Juno

92
97
91
91
87
93
98
87
91
92
90
97
90

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

99
99
97
102
90
89
100
94
91
99
94
103
115

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

91
100
87
89
87
91
99
92
88
90
90
96
89

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

148
160
181
151
134
166
86

145
152
168
150
132
162
87

145
142
156
157
134
170
88

94
94
85
98
93
81
97
90
93
97
79

99
110
101
126
97
82
99
94
95
98
85

98
107
100
124
96
82
99
94
95
97
82

95
93
93
93

99
97
101
96

98
97
99
95

July

EMPLOYMENT
(Relative to 1926 monthly average as 100)

Number employed, by industries:
Total, all classes
Food products
Textiles
Iron and steel
Lumber
Leather
_ _ __
Paper and printing
Chemicals.
Stone, clav, and glass.
Metal products other than iron and steelTobacco products
Vehicles
Miscellaneous.
Amount of pay roll, by industries:
Total, all classes
Food products.
Textiles
Iron and steel
Lumber __
Leather
Paper and printing
Chemicals.
Stone, clay, and glass
Metal products other than iron and steelTobacco products
Vehicles
Miscellaneous.
.
_

7 7

+ 3. 1
+ 3.3
+ 11. 0
+ 3.4
+ 1. 1
+ 3. 1
+ 10.3
3 3
+ 5.4
+ 3.3
+ 5.2
+ 28. 9

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

All groups _ _
Grains
Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cottonseed
Unclassified

.

„ ._
„

WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926 monthly average as 100)

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

_ _ _ _ _

-

-

__ ~

Dun's

68342—2S



1

1

i

Commercial Indexes
(Relative to 1926 monthly average as 100)

Bradstreet's

A

— 1. 2
+ 6. 1
+ 3. 2
2. 1
0.0
0.0

106
112

85
95

104
102

104
102

103
102

18
INDEXES OF BUSINESS—Continued
II
Maximum
since
Jan. 1,
1923

172
167
186
177
179
208
123
176

Relative to monthly average indicated

Minimum
since
Jan. 1,
1923

158
141
159
160
156
174
118
168

May

I

1939

1928
July

June

June

May

PER CENT INCREASE (+)
OR DECREASE (— )

July, 1929,
from June,
1929

July

July, 1929,
from July,
1928

+ 1.3
+ 2. 6
0. 0
— 0. 6
0. 0
+ 0. 6
0. 0
+ 0. 6

+ 0.6
+ 3. 9
-1. 2
-4. 6
-0. 6
-0. 6
-0. 8
-1.2

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

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

162
154
163
171
158
176
122
171

161
153
162
171
158
176
122
171

159
153
160
167
157
175
120
168

161
153
161
174
158
177
121
171

160
155
159
167
157
175
120
168

162

159
159
166
157
176
120
169

CENSUS OF MANUFACTURES 1927- SUMMARY OF SIXTEEN INDUSTRIAL GROUPS, FOR THE
UNITED STATES l
Number Wage earnCensus of esers, (averyear tablish- age for the
ments
year)

INDUSTRY

Wages

.

Cost of materials, fuel,
and power

Value of
products

Value added by
manufacture

1927
1925

187, 224

191 863

8, 351, 257
8, 381, 511

$10 848,782,433
10, 727, 337, 625

$35 128 154 648
35,896,886,428

$62 713 947 403
62, 668, 259, 591

$27 585 792 755
26, 771, 373, 163

1927
1925

49, 786
47,947

679, 158
662, 010

823, 387, 583
791,049,484

8 113 432 583
7,709,916,601

10 999 789 550
10, 373, 082, 162

2 886 356 967
2, 663, 165, 561

1927
1925

26, 845
24,450

1, 692, 473
1, 628, 283

1, 760, 168, 290
1, 654, 814, 276

4 926 158,527
5, 349, 924, 770

8, 964, 143, 064
9, 126, 154, 902

4 037 984 537
3, 776, 230, 132

Iron and steel and their products, not including machinery

1927
1925

6,346
6,068

835, 091
851, 270

1, 264, 406, 082
1, 284, 339, 157

3 540 708 921
3, 734, 349, 860

6 199 252 444
6,461,668,061

2 658 543 523
2, 727, 318, 201

Lumber and allied products _ __

1927
1925

20, 163
21, 926

866, 581
921, 266

929, 789, 682
978, 472, 291

1, 633 938, 116
1,725,350,920

3, 457 427, 173
3, 689, 126, 705

1 823 489 057
1, 963, 775, 785

Leather and its manufactures

1927
1925

4,263
4,243

316, 421
314, 025

364, 229, 059
355, 346, 411

1 087 916 992
1, 012, 880, 605

1 868 320 020
1, 763, 709, 361

780 403 028
750, 828, 756

Rubber products ._

1927
1925

516
509

141, 997
148, 382

198, 073, 743
191, 089, 638

660 370 209
720, 058, 847

1 225 077 114
1, 257, 997, 707

564 706 905
537, 938, 860

1927
1925

28,404
26, 553

555, 040
536, 766

858, 336, 931
805, 516, 245

1 837 402 806
1, 614, 234, 478

4 638 571 773
4, 143, 684, 899

2 801 168 967
2, 529, 450, 421

1927
1925

8,939
8,871

394, 817
381, 075

534, 947, 864
506, 386, 054

4 061 009 903
4, 184, 910, 627

6 404 914 348
6, 438, 027, 055

2 343 904 445
2, 253, 116, 428

1927
1925

8,673
8,478

350, 397
353, 036

464, 272, 991
467, 012, 428

594 774 314
603, 426, 910

1 612 548 765
1, 640, 651, 985

1 017 774 451
1, 037, 225, 075

1927
1925

6,658
6,924

270, 665
275, 292

380, 365, 227
380, 781, 402

1 780 358 036
1, 946, 777, 164

2 668 696 686
2, 833, 769, 702

888 338 650
886, 992, 538

1927
1925

2,156
2,623

129, 299
132, 132

105, 250, 631
111, 558, 170

420 666 513
425, 769, 266

1 163 768 379
1, 091, 000, 981

743 101 866
665, 231, 715

Machinery, not including transportation equipment

1927
1925

12, 038
11, 807

886, 344
858, 843

1, 287, 777, 619
1, 225, 359, 140

2 062 670 606
1, 985, 367, 067

5 367 014 850
5, 020, 281, 100

3 304 344 244
3, 034, 914, 033

Musical instruments and phonographs

1927
1925

431
461

42 985
46, 980

60 761 435
62, 501, 841

90 158 731
98, 760, 497

226 362 120
231, 686, 552

136 203 389
132, 926, 055

Transportation equipment, air, land, and water

1927
1925

2,537
2,778

494, 905
559, 578

803 297,856
908, 487, 563

2 907 949 399
3, 389, 101, 383

4 702 378 136
5, 451, 753, 433

1 794 428 737
2, 062, 652, 050

1927
1925

2,309
2,363

428, 291
457, 755

648, 908, 452
668, 191, 768

545 491 754
563, 645, 944

1 289 695 158
1, 332, 679, 079

744 203 404
769, 033, 135

1927
1925

11, 799
11,223

268, 793
254, 818

364, 808, 988
336, 431, 757

865 147 238
832,411,489

1 925 987 823
1, 812, 985, 907

1 060 840 585
980, 574, 418

All industries
Food and kindred products

-

-

Textiles and their products ._ _

__

_

_.

Paper, printing, and related industries
Chemicals and allied products

.

Stone, clay, and glass products

_

..
_

_

Metals and metal products, other than iron and steel
Tobacco manufactures

Railroad repair shops _.
Miscellaneous industries.

_

..

__

1
Compiled by the Bureau of the Census. Data for individual industries have been published in previous issues of the Survey beginning with September, 1928.
Because of the fact that the products of many manufacturing establishments are used as materials by other establishments, the aggregate value of products as given above
is considerably in excess of the total value of finished products in the form in which they reach the ultimate consumer. Figures relate to manufacturing plants with
outputs valued at $5,000 and over.




19
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS l
GROUPED BY FEDERAL RESERVE DISTRICTS
[Table continued on p. 20]
BOSTON DISTRICT
U. S.
TOTAL
141
CEN- Total,
Hart- ProviTERS centers Boston ford
dence

YEAR AND MONTH

NEW YORK DISTRICT

New

Total,

7

Haven

centers

PHILADELPHIA DISTRICT

New
Albany Buffalo Roches- York
ter

Total, Phila- Scran10
centers delphia ton

Tren-

ton

37, 446

1,769

1,245

92

144

72

20, 917

87

263

120

20, 354

1,625

1,373

53

43

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

100.0
106.0
88.7
97.8
103.2
109.5
126.8
135.3
150.0
179.5

100.0
109.2
102.4
105.5
117.1
120.9
136.7
141.6
158.1
161.3

100.0
105.9
106.7
109.3
120.2
125.6
143.9
157.0
168.9
169.1

100.0
117.4
98.9
103.3
119.6
131.3
141.7
152.3
202.5
232.7

100.0
118.7
93.0
95.1
105.5
104.4
114.9
113.4
113.2
115.5

100.0
118.1
98.6
104.2
122.2
125.8
134.6
139.6
148.6
162.4

100.0
99.4
85.2
98.4
98.2
108.3
128.7
139.0
160.1
203.7

100.0
111.5
119.5
119.5
118.3
134.8
147.7
154.0
168.3
179.0

100.0
114.8
92.8
99.6
114.8
115.0
133.3
136.9
140.6
166.0

100.0
119.2
103. 3
110.0
124.2
129.0
144.3
146.3
152.2
157.8

100.0
98.8
84.8
98.2
97.6
107.9
128.3
138.8
160.3
204.8

100.0
113.3
95.8
102.5
114.3
116.8
129.5
134.6
140.0
156.2

100.0
112.4
93.8
101.7
111.9
114.3
128. 1
133.1
138.6
155.8

100.0
124.5
122.7
109.4
139.6
142.3
138.9
144.2
145.5
146.6

100.0
125.6
111.6
118.6
137.2
146.5
159.6
168.5
175.6
187.4

1927
October
.. _
November
December

158.1
152.5
174.8

174.3
170.7
181.8

186.0
183.6
192.9

226.1
210.9
266.3

122.9
124.3
130.5

166.7
148.6
166.7

167.3
163.0
190.7

163.2
147.1
162.0

151.7
139.5
161.6

162.5
137.5
173.3

167.5
163.5
191.3

144.8
139.4
159.8

141.7
139.3
159.3

154.7
141.5
149. 1

176.8
167.5
214.0

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

168.0
145.6
188.7
179.0
191.3
193.6
157. 5
156.3
168.7
194.7
190.6
220.1

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

186.4
139.2
176.1
179.3
177.0
168.6
157.4
152.2
148.8
180.4
176.5
187.5

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

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

159.7
143.1
165.3
161.1
175.0
175.0
161.1
147.2
152.8
176.4
159.7
172.2

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

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

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

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

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

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

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

137.8
128.3
217.0
141.5
154.7
151.0
130.2
126.4
134.0
145.3
137.8
154.7

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

221.3
189.1
223.2
199.7
204.5
186.1
207. 3

181.3
151.2
171.4
166.0
167.4
162.5
182.1

187.9
159.5
178.4
168.8
173.7
J66. 5
189.8

295.7
220.7
267.4
301.1
254.4
250.0
300.0

143.7
117.3
134.0
131.9
133.3
137.5
140.2

195.8
144.5
172.2
172.2
166.7
170.8
180.6

266.7
225.4
270.0
234.4
244.4
211.9
240.8

186.1
157.4
233.2
241.3
282.7
212.6
204.5

191.2
149.8
180.2
181.4
176.0
188.2
217.1

175.0
141.7
165.8
153.3
149.2
164.2
176.7

268.8
227.4
272.3
235.7
245.9
212.6
241.8

179.1
156.1
175.1
178.4
166.7
177.1
175.5

178.9
155.9
177.7
179.9
167.1
178.7
175.3

151.0
137.8
143.4
141.5
141.5
139.6
139.6

200.0
216.3
181.4
193.1
183.8
193.1
227.9

Des Grand
Moines Rapids

Sioux
City

1919 av. mills, dolls

_

_ __
..

1929
January
February
March
April
May
June
July
August
September
October

CHICAGO DISTRICT

ATLANTA DISTRICT
YEAR AND MONTH

Total,

15

centers

Bir-

Atlanta ming-

ham

New
Or-

leans

Jack-

son-

ville

Nashville

Au-

Total,

21

gusta

centers

Chi-

cago

MilDetroit Indian- wauapolis
kee

928

123

59

304

48

93

37

4,242

2,800

525

136

237

83

75

63

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

100.0
115.1
84.2
86.0
100. 0
105.3
125.0
128.1
123.9
123.1

100.0
108.9
85.4
90.2
108.9
113.1
129.2
132.7
127.8
137.7

100.0
128.8
103.4
133.9
183.1
199.3
226.7
243.8
253.5
255.4

100.0
115.4
82.2
89.5
97.4
106.4
118.2
113.7
114.8
112.6

100.0
125.0
91.7
97.9
112.5
126.5
206.2
232.6
181.6
156.4

100.0
120.4
105.4
71.0
78.5
79.2
87.6
89.7
97.6
108.5

100.0
110.8
64.9
70.3
83.8
74.6
78.2
72.6
74.8
75.0

100.0
116.0
92.0
96.8
108.8
110.8
124.9
132.0
137.9
155.3

100.0
113.0
91.7
96.2
105.0
106.3
120.4
127.5
136.8
152.3

100.0
125.2
91.2
101.3
125.7
130.6
158.3
'166.4
162.8
213.2

100.0
123.5
100.0
104.4
115.4
110.9
115.4
135.2
136.2
139.6

100.0
124.0
97.5
101.7
115.6
110.5
119.4
127.3
130.1
131.5

100.0
114.5
84.4
83.1
97.6
103.2
89.8
98.1
98.9
100.2

100.0
128.0
109.3
81.3
89.3
89.2
114.1
115.5
110.3
118.0

100.0
109.5
63.5
101.6
119.0
123.4
136.9
129.1
114.7
92.5

1927
October
November. _..
December

137.7
121.4
136.9

146.3
121.1
137.4

300.0
257.6
272.9

130.6
116.1
137.5

160.4
160.4
181.2

110.7
96.8
106.4

97.3
73.0
86.5

142.6
135.0
153.6

142.4
135.9
155.1

170.4
151.4
185.7

135.3
134.6
139.7

133.3
127.0
135.9

101.2
98.8
104.8

108.0
104.0
118.6

128.5
95.2
87.3

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

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

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

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

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

102.1
97.8
116.1
104.3
109.7
110.7
96.8
121.5
100.0
120.4
120.4
111.8

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

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

149.3
126.6
156.9
158.9
162.6
159.2
139.3
139.7
144.1
160.5
153.1
176.9

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

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

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

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

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

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

143.6
120.2
134.3
132.3
126.3
120.5
126.7

186.2
169.9
195.9
188.6
187.0
165.9
180.5

281.4
215.3
252.6
255.9
252.6
232.2
244.1

129.6
105.6
117.4
112.2
104.3
95.7
107.9

168.7
158.3
175.0
183.3
162.5
152.1
162.5

146.2
119.3
129.0
119.3
109.7
145.1
111.8

75.7
64.9
75.7
75.7
70.3
62.2
62.2

173.7
153.3
180.3
163.4
166.5
163.7
178.4

170.1
154.9
185.7
158.9
160.0
158.7
176.6

255.3
201.4
220.2
234.9
252.4
233.0
242.3

155.1
140.4
150.7
143.4
151.5
156.6
165.4

128.3
115.2
130.8
122. 8
117.3
128.3
142.6

101.2
86.8
100.0
101.2
106.0
103.6
103.6

133.3
104.0
126.6
118.6
128.0
122.6
126.6

98.4
88.9
101.6
106.3
104.7
96.8
106.3

1919 av., mills, dolls

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

._

1929
January
...
February
March
April .
May
June
_ _ _ _ ..
July
August
September
October


See footnotes on p. 21.


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

Total,
Akron Cincin- Cleve13
land
nati
centers

RICHMOND DISTRICT

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

Greenville 2

1919 average millions of dollars.. _

1,963

90

247

653

746

60

116

116

50

718

404

84

116

37

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

100.0
116.4
89.6
94.6
110.9
109.4
122.0
127.4
136.6
141.4

100.0
115.6
63.3
63.3
80.0
81.4
100.0
104.5
112.9
124.5

100.0
113.0
107.7
117.4
133.6
128.0
142.7
150.3
167.2
181.2

100.0
115.9
81.9
84.1
99.2
96.8
106.6
115.9
124.9
130.0

100.0
118.5
94.9
97.2
112.7
113.2
126.4
126.7
137.1
136.1

100.0
110.0
78.3
83.3
103.4
101.6
117.0
118.0
118.5
124.1

100.0
117.2
100.0
132.8
153.5
155.7
179.2
189.5
205.2
241.0

100.0
111.2
102.6
112.1
128.5
116.0
126.9
138.3
144.8
148.3

100.0
104.0
110.0
112.0
138.0
136.0
156.0
176.5
188.8
194.5

100.0
111.8
95.5
89.6
98.6
96.3
106.7
108.4
107.1
105.4

100.0
115.6
104.9
89.1
93.3
93.4
104.6
107.4
104.2
102.0

100.0
102.3
71.4
78.5
88.1
82.2
85.8
94.2
89.0
85.4

100.0
108.7
98.3
100.9
112.9
109.1
122.9
121.5
120.2
123.6

100.0
102.7
67.6
67.6
78.4
69.4
73.0
76.2
75.0
64.2

134.8
125.6
150.0

117.8
104.4
126.7

170.9
159.9
197.6

133.8
114.1
147.6

126.2
121.9
136.5

120.0
118.4
111.7

194.0
208.6
257.8

147.4
135.3
165.5

182.0
164.0
204.0

117.8
111.0
120.6

114.3
102.2
116.1

92.8
96.4
97.6

137.1
143.1
143.1

83.8
75.7
75.7

142.4
121.0
135.0
139.7
137.8
151.8
137.5
130.0
135.3
156.1
140.5
169.9

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

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

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

133.5
117.9
129.6
133.3
134.8
150. 5
130.1
125.2
129.6
147.1
142.3
159.6

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

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

150.7
127.6
150.9
154.3
146.6
151.7
137.9
136.2
138.8
151.7
146.6
186.2

202.0
164.0
214.0
190.0
190.0
206.0
202.0
186.0
182.0
202.0
168.0
228.0

108.7
95.0
109.4
105.7
105.0
114.2
101.4
96.5
93.6
112.7
102.8
120.1

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

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

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

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

154.2
139.6
150.0
158.5
145.7
148.1
165.4

136.7
125.5
133.3
140.0
134.4
136.7
148.9

202.5
176.5
184.2
201.2
172.5
179.0
184.6

138.9
134.1
140.4
153.1
135.8
141.3
151.1

147.1
139.9
148.7
154.0
147.7
143.6
167.9

138.4
115.0
135.0
138.4
120.0
143.4
151.7

244.0
170.7
199.1
219.0
185.4
190.5
219.8

174.1
150.0
158.6
173.3
159.5
163.8
175.0

242.0
190.0
232.0
216.0
198.0
214.0
248.0

113.3
96.4
108.4
110.3
104.9
105. 0
109.1

106.2
93.3
104.4
109.1
101.2
106.9
111.6

94.0
73.8
85.7
80.9
82.1
73.8
75.0

133.6
114.7
125.0
121.6
115.5
117.2
123.3

73.0
62.2
64.9
59.5
59.5
56.8
56.8

October
November
December
January
February
March
April
May
June
July
August
September
October _
November
December

1937

1928
._ _ _ _

_

_

1939
January
February
March.
April
May
June
July
August
September...
.
October

_

._ .

YEAR AND MONTH

1919
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

_.

...

See footnotes on p. 21.




SumTota.
St.
Fort
Dallas Hous- Worth mary Louis- Louis Memville
ton
for 5
phis
centers
centers

Little
Rock

Total,
Duluth Minne9
apolis
centers

St.
Paul

Helena Billings

521

161

138

92

965

156

617

136

36

659

162

11

100.0
114.3
90.7
96.9
107.5
112.7
130.8
131.5
135.6
148.5

100.0
115.2
86.2
81.2
89.0
91.2
103.6
126.0
131.9
140.1

100.0
119.6
109.8
119.6
93.5
78.0
82.4
92.1
103.2
115.8

100.0
105.4
89.0
94.5
110.4
110.6
124.2
127.3
127.4
133.8

100.0
92.3
82.0
87.8
101.9
106.7
120.8
128.7
123.6
131.3

100.0
106.5
91.9
94.2
108.4
108.2
120.8
122.7
120.9
129.0

100.0
107.4
73.5
87.5
106.6
101.1
111.7
111.5
119.6
117.0

100.0
125. 0
116.7
127.8
169.5
186. 1
204.9
226.4
220.8
230.4

100.0
108.5
82.7
88.0
94.8
104.2
114.3
104.9
110.0
117.5

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

354

100.0
117.4
94.2
97.9
101.3
101.5
112.4
119.1
124. 5
134.6

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

100.0
98.2
75.3
97.5
106.8
101.6
104.7
102.2
106.7
110.6

100.0
100.0
100.0
90.9
81.8
85.6
85.6
82.6
83.3
87.9

145.1
136.2
149.7

166.5
160.9
167.1

154.3
133.3
157.2

113.0
115.2
130.4

138.0
134. 1
145.1

125.0
118. 6
129.5

124.8
123.4
139.1

161.0
147. 1
143.4

277.8
280.6
258.4

153.8
130.3
117.9

203.3
153.3
95.5

155. 7
128.0
120.9

124.7
124.7
124.1

109.1
81.8
90.9

144.4
111.1
111.1

132.0
118.0
129.7
121.3
123.8
128. 6
120.7
123.0
141.8
163.5
145.5
167.0

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

1937
October
November
December
1938
January
February.
March
April
May
June
July
August
September
October
November..
December..
1939
January.. _
February
March..
April
May
June
July
August
September
October

MINNEAPOLIS DISTRICT

ST. LOUIS DISTRICT

DALLAS DISTRICT

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

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

113.0
97.8
108.7
105.4
112.0
113.0
114.1
108.7
116.3
127. 2
119.6
153.3

135.4
119.7
132.9
128.2
138.2
144.1
125.0
119.9
122.9
147.1
134.3
157.8

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

130.8
115.4
127.6
125.0
137.6
145.6
123.8
117.8
114.4
136.5
122.7
150.4

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

227.8
208.4
230.6
211.1
222.2
202.8
194.5
194.5
233.4
300.0
261.1
277.8

101.2
91.8
111.5
107.6
115.3
119.8
112.3
109.4
131.8
155. 0
127.3
127.3

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

105.9
95.2
116. 4
118.4
125.1
127.1
122.9
119.8
139.3
159.3
131.9
134.2

109.3
101.9
118.5
102.5
100.6
111.1
106.8
101.2
109.9
125. 9
113.6
125.3

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

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

154.7
131.8
147.6
142.2
140.3
129.3
139.9

178.3
146.0
168.3
154.0
145.3
134.8
139.1

149.3
136.2
152.9
145.6
157.2
136.9
152.9

132.6
104.4
117.4
120.7
115.2
115.2
142.4

146.8
125.6
140.7
134.6
132.1
141.2
136.9

150.6
133.3
136. 5
127.6
136.5
135. 3
138.5

137.5
117.2
133.2
131.5
128.2
145.7
138.3

144. 9
120.6
136.0
121.3
114.7
108.1
102.9

236.1
200.0
238.9
225.0
216.7
191.7
211.1

113.0
100.0
113.0
112.0
116.1
120. 0
138.7

74.4
66.7
75.5
77.8
91.1
97.8
122.2

122.3
107.4
120.9
119.8
126.8
130.0
154.8

113.0
103.1
117.3
111.1
105.6
111.7
117.3

90.9
72.7
81.8
100.0
81.8
81.8
100.0

100.0
77.8
100.0
100.0

9
100.0

111.1
88.9
77.8
88.9
78.7
84.3
88.0
92.6
110. 2

111.1
100.0
111.1

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

Total,
Kansas
St.
Denver
Omaha Joseph,
S**
centers
Mo.
Mo.

SAN FRANCISCO DISTRICT
Oklahoma
City

Tulsa

1919 average, millions of dolls.

1,231

146

413

264

85

68

94

1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

100.0
109.8
82.0
84.2
90.6
85.7
95.5
100. 4
102.3
103.9

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

100. 0
94.9
74.6
74.3
84.3
81.4
90.1
93.4
93.8
102.4

100.0
95.5
67.4
73.1
77.7
69.7
76.9
75.4
76.0
82.1

100.0
97.6
81.1
69.4
72.9
71.6
72.7
73.4
66.9
70.0

100.0
153.0
129.4
119.2
114.7
112.1
127.4
139.1
154.6
167.1

100.0
131.9
88.3
105.3
104.3
89.5
112.6
136.0
139.2
147.0

108.4
104.1
113.8

132.2
126.0
126.0

102.4
94.4
105.8

83.3
73.5
76.9

68.2
67.0
71.7

163.3
169.2
189.8

105.5
94.6
107.5
101.9
103.1
107. 1
112.7
112 8
110.7
122.7
107.0
120.9

119.9
106.8
126.0
125.3
123.3
126.0
120.5
122.6
129.4
145.2
128.1
131.5

99.3
85.2
100.0
93.2
94.2
96.8
113.1
112.1
105.1
117.7
99.5
113.1

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

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

117.1
102.3
117.9
116.0
112.7
115.3
137.6

136.3
118.5
148.6
145.2
135.6
133. 6
137.7

107.3
94.4
111.6
104. 8
105.3
110.4
145.3

84.1
75.8
89.4
86.0
83.0
83.7
96.6

74.1
61.2
69.4
68.2
65.9
65.9
78.8

monthly average >.
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average _ _ _ _

October
November
December

1927

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

_. _.

. ..

Total,
Los
IS
centers Angeles

Portland,
Oreg.

San
Francisco

Seattle

Oakland.
Calif.

314

181

760

206

63

100.0
123.2
104.4
107.2
126.3
128.9
142.9
155.7
172.3
198.7

100.0
139.2
143.0
165.0
223.6
236.7
251.1
278.1
297.2
342.7

100.0
108.8
82.3
76.2
86.2
89.4
92.0
101.0
94.2
101.4

100.0
124.6
101.9
94.8
104.0
107.1
126.1
138.2
165.0
201.6

100.0
96.1
67.0
73.3
83.0
87.7
98.0
103.2
105.8
119.7

100.0
160.3
128.5
144.4
192.0
196.3
227.3
273.0
356.7
399.1

131.9
131.9
173.4

184.2
180.1
198.2

295.9
305.8
330.0

101.7
105.0
94.5

188.2
174.2
197.3

115.0
108.2
117.0

358.7
353.9
436.4

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

140.4
124.5
128.7
126.6
135. 1
145. 8
133.0
147.9
151.1
168.1
155.3
207.5

183.3
179.1
212.6
198.8
218.8
224.1
177.8
178.5
192.7
206.1
190.6
222.5

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

84.5
81.2
91.2
89.5
111.1
109.9
102.2
102.2
102.8
114.9
116.0
111.1

180.4
188.5
221.6
198.5
235.8
249.9
171.7
170.8
194.1
192.7
194.2
221.1

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

396.8
336.4
414.2
447.5
401.5
406.3
369.8
355.5
369.8
409.4
349.1
533. 2

185.3
175.0
176.5
185.3
186.8
183. 9
216.2

184.1
147.9
159.6
172.4
161.7
169.2
202.2

209.4
187.4
223.3
191.5
197.7
190.3
196.7

404.2
371.4
435.1
383.8
394.9
365.0
365.0

101.1
97.2
110.5
98.3
111.6
105.0
108.8

189.1
172.3
210.6
164.0
174.0
167. 4
175.9

133.0
112.1
140.3
128.6
125.7
125.7
138.3

407.9
349.1
417.4
366.6
372.9
385.6
385.6

1,909

DISTRICT TOTALS—SEASONAL VARIATIONS ELIMINATED

U.S.
total

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

monthly average
monthly average
monthly average.
monthly average
monthly average
monthly average
monthly average
monthly average. . _
monthly average
monthly average

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta Chicago

St.
Louis

Minne- Kansas
City
apolis

San
Dallas Francisco

100.0
106. 0
88.7
97.8
103.3
109.5
126.7
135.4
150.0
179.1

100.0
109.5
101.9
105.4
117.1
121.1
136.6
146.0
158.1
161.3

100.0
99.3
85.1
98.5
98.0
108.3
128.6
139.0
lf»0. 2
203.1

100.0
105. 1
95.9
102.5
114.4
116.8
129.4
132.1
140.0
155. 9

100.0

116.4
89.8
94.5
111.1
109.5
122.0
127.4
136.7
141.3

100.0
112.1
95.6
89.5
98.8
96.5
106.8
108.5
107.3
105.6

100.0
115.1
84.4
85.9
99.9
105.3
124. 8
128.4
124.1
123.2

100.0
116.1
92.0
96.8
109.0
110.8
123.8
132.1
137.9
155.1

100.0
105.5
89.1
94.2
110.3
110.5
124.1
127.3
127.3
133.3

100.0
108.5
82.9
87.9
95.0
103.1
114.4
105.3
109.5
117.3

100.0
109.8
82.1
84.1
89.7
87.0
95.4
100.3
102.1
108.8

100.0
118.0
94.3
97.9
101.1
101.2
112.4
119.4
124.5
134.5

100.0
123.4
105.4
107.1
126.4
129.4
142.9
156.2
172.4
199.7

1927
October .
November
December. _

148.0
149.5
155.0

159.9
161. 8
160.6

157.7
159.2
167.9

136.5
141.2
141.4

131.5
128.8
130.5

108.4
106.5
104.8

124.2
114.2
119.1

135.0
137.2
141.4

126.0
131.6
129.1

129.9
121.0
106.2

102.3
104.5
109.7

123. 3
123. 1
126.4

169.1
173.3
173.6

1928
January..
February
March
April. .
May
JuneJuly
August
September,. _ _ _ _ _
October
November
December.

160.9
169.3
186.6
183.2
191.1
187.2
158.9
169.7
177.6
182.3
186.9
195.1

166.5
157.8
167.8
174.5
170.9
157.2
147.5
162.8
156.7
158.0
158.1
157.7

175. 8
187.5
215.0
206.5
217.1
213.0
174.7
191.5
204.5
208.2
216.8
226.4

148.0
146.5
156.9
159.3
165.0
167.1
142.9
140.1
151.6
159. 9
165.8
167. 5

136.8
139.4
137.5
140.8
142.2
145.8
133.2
136.6
138.9
152.3
' 144.1
147.9

104.8
110.9
113. 3
112.4
108.8
111.3
100.8
99.6
98.0
103.7
98.7
104.3

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

145.4
147.4
154.2
159.7
163.3
158.5
143. 5
150.4
153.5
157.0
158.4
170.0

126.2
132.6
132.4
133.4
141.0
142.8
128.6
131.5
129.4
134.3
131.8
140.0

100.6
115.6
118.9
114.6
120.5
122.1
118.0
114.3
119.3
130.9
118.2
114.7

102.0
107.7
105.3
106.4
104.5
107.3
112.4
110.5
109.3
115.8
107.4
116.6

123.2
133.9
132.8
133.9
133.1
137.2
134.7
136.8
137.0
138.9
131.6
141.0

185.0
213.7
207.8
208.2
226.5
225.9
180.0
183.8
190. 8
189.3
190.6
194.8

212.0
219.9
220.8
204.4
204. 3
180.0
209.2

170.7
175.8
171.9
171.1
168.2
156.2
180.1

252.8
263.6
265.5
237.2
239.6
203.0
244.5

175.2
181.9
174.6
183.0
168.2
168.3
174. 5

148.1
160.8
152.7
159.8
150.4
142.3
160.3

109.3
112.5
112.2
117.3
108.7
102.3
108.4

132.4
135.4
133.2
139.1
130.7
124.6
133.6

170.6
175.6
176.4
168.3
167.8
160.0
176.1

136.8
139.1
140.1
140.1
134.8
139.9
140.8

112.3
125.9
120.5
119.3
121.3
122.3
145.7

113.2
116.5
115.5
121.1
114.2
115.5
137.2

144.4
149.6
151.1
157.0
150.9
138.0
156.1

211.3
223.6
218.3
200.5
204.7
191.8
199.1

1929
January
__
February
March.. . . .
April
May
June
July __ . .
August
September
October .

_.

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



The

22
INDEXES OF MARKET VALUES OF COMMON STOCKS
[1926=100]
1918

1919

1930

mi

1933

1923

1934

1935

1936

1937

1938

1939

MONTH

16 Oil Producing and Refining
January
February
March
April
M!ay
June
July
August
September
October
November
December __

69.3
71.3
67.9
68.9
69.4
69.1
69.0
69.0
68.3
74.6
79.1
79.6

___

__

_
_

Monthly average...

87.1
86.4
87.7
91.3
102.0
102.1
105.2
100.7
102.2
108.4
107.6
104.1

97.3
87.3
96.7
93.0
87.4
84.7
83.4
79.5
84.3
84.3
82.8
75.9

78.1
75.7
73.6
75.5
76.8
68.7
67.7
66.4
66.3
71.1
80.1
85.2

82.3
82.2
83.1
87.5
95.6
94.3
90.6
91.6
96.0
104, 6
97.7
95.9

100.1
105.1
107.8
98.7
91.4
84.2
81.1
78.9
78.6
78.5
80.8
90.6

95.5
93.2
89.6
86.2
83.6
82.8
83.1
85.2
83.8
83.1
88.3
90.4

96.3
102.6
96.6
94.4
97.4
101.0
100.0
91.7
90.6
92.9
97.7
100.7

102.6
101.0
98.7
96.2
97.9
100.3
101.5
101.0
101.5
98.7
100.0
101.2

102.4
104.1
99.3
95.2
95.7
96.3
95.8
99.3
99.3
98.2
103.5
103.6

104.1
100.0
102.7
109.7
118.7
112.0
110.9
112.6
115.7
117.0
132.6
132.7

71.3

_

98.7

86.4

73.8

91.8

89.7

87.1

96.8

100.0

99.4

114.1

137.4
132.6
141.4
147.6
146.3
144.1
149.1
157.5

9 Railroad Equipment
January
February
March
April
May
June
July
August
September
October
November
December

44.6
46.8
47.1
46.8
48.0
48.6
49.4
49.6
50.1
49.1
48.9
49.1

57.4
57.6
57.7
56.5
57.3
53.2
52.8
50.8
53.0
54.1
57.4
61.4

61.5
62.6
63.6
66.7
68.3
67.6
67.6
71.7
76.4
77.4
73.1
75.6

75.2
78.4
80.5
79.2
75.8
73.6
69.6
71.8
71.9
70.8
73.9
75.2

76.7
77.8
76.1
72.4
73.0
74.0
77.6
78.0
77.8
77.1
80.9
88.1

94.9
95.9
96.0
91.6
92.7
91.9
92.2
97.6
102.3
101.8
103.4
104.6

104.5
101.7
94.3
91.1
91.1
96.6
99.4
102.5
104.3
100.7
104.4
108.6

106.1
112.4
115.8
115.2
119.2
123.6
126.2
131.9
133.5
125.4
127.6
134.2

141.3
136.9
138.2
137.4
135.2
127.1
125.1
123.6
129.5
126.8
130.6
130.7

60.7

64.8

55.8

69.3

74.7

77.5

97.1

100.0

122.6

131.9

118.9
114.3
112.9
111.0
105.1
109.9
99.0
91.5
93.3
83.9
84.0
80.0

93.8
97.9
100.0
103.2
119.7
129.1
126.4
128.6
142.1
149.1
149.5
156. 1

158.1
152.5
166.8
172.0
188.5
178.2
167.0
165.1
160.7
161.3
161.9
156.4

100.0

Monthly average

68.3
63.9
68.7
69.5
65.4
65.9
66.3
64.3
64.3
64.4
60.5
55.7

48.2

-

48.5
48.1
50.6
53.0
59.6
62.1
66.8
63.4
68.5
71.5
68.5
67.4

124.6

165.7

139.2
140.2
144.3
142.4
138.2
141.7
148.5
157.8

5 Rayon
January __
February
March
April
May
June
July
August
September
October
Novp.mber
December..

..

...
_

. ..
___
_

Monthly average

171.5
155.5
143.7
143.2
143.4
138.0
126.6
126.2

10 Steel and Iron
January
February
March
April . _
May
June
July.. _
August
September
October
November
December

82.1
83.0
81.7
82.1
91.6
90.6
92.2
95.7
94.5
88.3
81.8
80.0

_
_.- _.
_. _
.

Monthly average

__ ._

75.7
76.7
80.9
85.6
90.2
96.1
103.6
93.5
98.9
107.5
101.9
100.1

100.8
93.2
96.9
99.1
92.3
91.3
90.3
83.7
85.4
83.5
76.6
69.3

73.4
73.6
72.5
71.6
77.7
67.9
66.1
65.3
67.4
67.4
69.7
71.0

71.7
75.8
79.6
86.0
88.5
87.8
88.6
91.1
91.3
90.6
86.5
84.7

85.9
88.6
90.6
88.4
81.0
75.7
71.7
73.0
73.3
71.3
76.1
77.8

81.7
85.6
80.8
76.6
76.5
75.7
78.5
82.5
81.6
80.1
84.6
90.8

96.2
95.7
90.8
86.2
86.4
85.3
87.9
90.9
91.2
93.7
98.6
101.8

99.5
96.5
92.2
89.5
89.1
95.9
103.2
108.6
106.7
102.8
104.6
110.2

110.0
111.9
115.3
120.3
120.7
121.0
124.1
132.7
143.6
133.7
135.1
144.3

146.7
141.1
142.0
145.5
145.6
137.7
136.6
143.6
155.8
158.7
164.6
157.8

87.0

92.6

88.5

70.3

85.2

79.5

81.3

92.1

100.0

126.1

148.0

173.8
178.9
186.6
190.8
185.3
188.2
211.5
238.4

i Compiled by Standard Statistics Co. (Inc.'). The indexes are weighted by the number of shares of each stock outstanding and are corrected for the value of right,
stock dividends, changes in par value, and consolidations. Weekly indexes have been averaged to give monthly data which are presented in these tables. This table rep
resents details of group averages shown in table on page 22 of the July, 1929, SURVEY and is a continuation of the table shown on pp. 20 and 21 of the August, 1929
SURVEY. Further details will appear in subsequent issues.




23

TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (August, 1929), in which monthly figures for 1928 and 1929 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.

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

March

April

PER CENT INCREASE (+) OR
DECREASE (— )

1938

1939

July

June

May

July,
1929,
from
June,
1929

July

June

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

July,
1929,
from
July,
1928

1938

1939

1 Per ct.
increase
( }
or-t
decrease
(-)
cumulative
1929
from
1928

TEXTILES
Wool
Receipts at Boston:
Total
_ thous. oflbs
Domestic
_
_.
thous. of lbs_.
Foreign
- thous. of Ibs
Imports:
In condition imported
thous. of Ibs..
Grease equivalent
thous. of lbs__
Consumption by textile mills,
grease equivalent
_ thous . of Ibs . _
Stocks, grease equivalent, end of quarter:
Total
thous of Ibs
Held by manufacturers
thous. of lbs._
Held by dealers
thous of Ibs
Machinery, activity, hourly:
LoomsWide
per ct of hours active
Narrow
per ct of hours active
Carpet and rug
per ct of hours active
Sets of cards
per ct of hours active
Combs
per ct of hours active
Spinning spindles—
AVoolen
per ct of hours active
Worsted
per ct of hours active
Prices:
Raw, territory, fine, scoured- dolls, per lb..
Raw, Ohio and Pa. fleeces,
M blood, combing, grease dolls, per Ib
Worsted yarn
dolls per Ib
Women's dress goods, French
serge 39-in
dolls per yd
Suiting, 13-oz__
__
_dolls. per yd_.

23, 189
5,738
17,45

24,21
16, 108
8,107

47, 795
40, 596
7,199

56,98
53, 652
3,329

55, 842
50,083
5,759

54, 907
51, 346
3,561

+19.2
+32.2
-53.8

+3.8
+4.5
-6.5

225, 497
156, 350
69, 147

204, 445 -9.3
128, 904 -17.6
75,541 +9.2

32, 743
37, 682

28, 165
30,94

19, 786
22, 372

16, 592
17, 903

18, 815
21, 931

19, 671
21,383

18,289
19, 805

+13.4
+22.5

+2.9
+10.7

159, 006
177, 908

186, 022 +17.0
207, 050 +16.4

48, 656
2
2
2

15, 390
6,442
8,948

49, 205

48, 765

44,066

47, 296

41,282

38, 099

302, 315

340, 012 +12.5

2
2
2

279, 21
161, 139
118, 072
67
60
69
86
82

7l
64
70
87
81

83
68

84
70

2
2
2

343, 837
156, 796
187, 041

+7.3

+24.1

+23.1
-2.7
+58.4

385, 407
173, 556
211, 850

-10.8
-9.7
-11.7

86
84

65
61
69
85
78

62
60
61
80
86

59
58
62
81
63

53
49
55
78
59

-4.6
-1.6
-11.6
-5.9
+10.3

+17.0
+22.4
+10.9
+2.6
+45.8

82
66

82
65

78
62

78
49

75
50

-4.9
-4.6

+4.0
+24.0

67
61

1.05

1.04

1.00

.97

.93

1.18

1.17

-4.1

-20.5

.52
1.58

.49
1.55

.43
1.50

.42
1.45

.42
1.45

.55
1.58

.55
1.60

0.0
0.0

-23.6
-9.4

.98
2.008

.98
2.008

.98
2.008

.98
2.008

.98
2.008

1.03
2.008

1.03
2.008

0.0
0.0

-4.9
0.0

736
37, 124

555
84, 621

328
42, 486

220
26, 113

3 15, 543
8
304
126
21, 369

302
14, 587

« 14, 478
8
280
339
18, 473

-42.7
-18.2

-62. 8:
+15.7

4,362
192, 547

3,709 -Is. 6
306, 372 +59.1

569, 653
632, 808

472, 304
631, 710

328, 068
668, 229

308, 947
570, 281

246, 983
546, 457

457, 781
510, 399

341, 849
439, 821

-20.1 -27.8
-4.2 +24. 2.

3, 866, 151
3, 792, 711

3, 371, 347 -12.8
4, 315, 972 +13.8

4,908
1,731
3,177

4, 130
1,607
2,524

3,325
1,477
1,848

2,665
1,289
1,376

2,038
1,052
986

2,808
1,161
1,647

2,201
1,012
1,190

-23.5
-18.4
-28.3

-7.4'
+4.0
-17.1

6,749
4,469

6,053
3,680

5,268
3,000

4,476
2,302

3,651
1,693

4,962
2,910

4,056
2,165

-18.4
-26.5

-10. 0
-21.8

.188
.212

.185
.201

.180
.195

.178
.186

.197
.214

.210
.215

-0.6
-1. 1

-15.2
-13.5

31, 104
8,910
252
109.3

30, 924
8,861
251
110.3

30, 910
9,165
261
110.9

30,628
8,155
232
104.6

30, 396
7,744
222
100.2

28,628
7,252
203
88.4

28, 160
6,251
176
79.7

-0.8
-5.0
-4.3
-4.2

+7.9
+23.9
+26.1
+25.7

23, 373
8,328
43, 476

18, 269
8,446
40, 345

17, 941
8,760
37, 609

20, 272
8,785
32, 650

13, 211
8,901
32, 472

19, 415
12, 539
25, 435

12, 522
12, 350
24, 619

-34.8
+1.3
-0.5

+5.5
-27.9
+31.9

.377
.527

.363
.510

.353
.499

.348
.499

.348
.505

.374
.489

.384
.515

0.0
+1.2

-9.4
-1.9

Cotton textiles:
Production
thous. of yds.. 297, 994
New orders
_
thous. of yds.. 358, 333
Shipments
thous. of yds
325, 633
Stocks end of month
thous of yds
345, 311
Unfilled orders, end of mo _thous. of vds
504. 876
2
Quarter ending in month indicated.

283, 878
202, 520
277, 098
352, 091
430. 298

341, 370
278, 335
326, 121
367, 340
382. 512

285, 928
228, 244
252, 008
401, 260
358. 748

-18.0
+15. 2
+0.3
-4.6
+2.8

+5.7
+40.3
+16.2
-17.3
+35. 5

Cotton
Production, crop estimate
thous. of bales
Ginnings
thous of bales
Receipts into sight
thous. of bales
Imports, unmanufactured
_
bales
Exports, unmanufactured
(including linters)
_
_ _ bales
Consumption by textile mills
bales..
Stocks, domestic, end of month:
Totals, mills and w'houses.. thous. of bales..
Mills
thous of bales
Warehouses
thous of bales
Stocks, world visible, end of month:
Total
thous of bales
American
thous of bales
Prices:
To producer
dolls per Ib
In New York middling
dolls per Ib

. 179
.188

Cotton Yarn
Machinery activity of spindles:
Active spindles
thousands
Total activity
millions of hours
Activity per spindle
hours
Ratio to capacity
per cent
Carded sales yarn:
Production
thous. of Ibs
Stocks, end of month
thous. of Ibs..
Unfilled orders, end of month. thous. of lbs._
Prices:
22/1 cones Boston
dolls per Ib
40/ls southern spinning
dolls per Ib

125, 206

130, 095

+3.9

2, 100, 991
1, 859, 723
1, 974, 222

2, 079, 288
1, 988, 108
2,088,111

-1.0
+6.9
+5.8

Cotton Goods




8

As of Aug. 1.

234, 439
221, 826
287, 818
262, 889
187, 439
267, 025
217, 540
252, 779
270, 342
382, 920
463, 270
458, 984
302. 328
272. 227
368. 858
< Final estimate for 1928.

« As of Aug. 16.

24
TREND OF BUSINESS MOVEMENTS—Continued
1929

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

PER CENT INCREASE (+) OR

1938

DECREASE ( — )

July,

March

April

May

June

July

June

1929,
from
June,
1929

July

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

July,
1929,
from
July,
1928

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

1928

1939

1, 891, 269

3, 105, 424

TEXTILES-Continued
Cotton Goods— Continued
Fine cotton goods, production
pieces. .
Cotton cloth:
Imports __
thous. of sq. vds__
Exports
thous. of sq. vds
Fabric for tire manufacture
consumption
thous. of Ibs
Elastic webbing, shipments
thous. of dolls__
Prices:
Print cloth 64 x 60
dolls. Der yd
Sheeting, brown
dolls, per vd__
Cotton goods (Fairchild),rel. to 1911-1913__

-12.2 +408. 5

464, 539

425, 925

465, 658

408, 659

134, 158

80, 358

5,362
58, 474

5, 334
49, 233

6, 527
46,261;

4, 880
44, 730

5, 175!
45, 274!

4, 615
46, 534

3, 490
44, 951

+6.0
+ 1.2

+48.3
+0.7

40, 454
292, 422

37, 747
-6.7
350, 650 +19.9

21, 238
1,869

23, 620
1,766

23, 302
1, 725

20, 359
1, 473

1, 357;

19, 646
1,384

20, 947
1,211

-7.9

+12.1

6 108, 942
9,502

6 128, 625 +18.1
11, 174 +17.6

.077
.089
164

076
.089
164

.072
.084
159

.083!
1591

.077
.091
162

.079
.092
165

+1.4
-1.2
0.0

-7.6
-9.8
-3.6

98, 495
94, 872
65, 112
35,478
77
6. 3

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

78, 964
65, 462
45, 674
35, 487
60
5.1

75, 582
69, 475
44, 809
37, 299
57
4.9

70, 029
61, 347
42, 357
38, 907
53
3.6

58, 685
62,310
40, 500
37, 958
51
3.8

-4.3
+6.1
-1.9
+5.1
-5.0
-3.9

+28.8
+11.5
+10.6
-1.7
+11.8
+28. 9

514, 894
501, 111
318, 993

601, 549 +16.8
574, 268 +14.6
374, 459 +17.4

92, 544
79, 361

88, 635
82, 106

85,894
78,184

72, 808
78, 492

60, 902
87, 397

63, 796
79, 416

49, 996
75, 977

-16.4
+11.3

+21.8
+15.0

446, 256

561, 349

+25.8

6 476
49 878

6 220
53 855

8,599
49,121

7,596
46, 504

7,858
51, 624

6,174
46, 051

5,832
40, 931

+3.4
+11. 0

+34.7
+26. 1

48, 391
329, 717

52, 946
354, 559

+9.4
+7.5

45, 218
25 892

39, 125
23, 108

39, 898
24, 623

47, 425
23, 162

42, 596
20, 985

41, 127
24, 746

38, 866
22, 188

-10.2
-9.4

+9.6
-5.4

100 2
66. 3
66.3

101. 1
68.8
66.9

101.0
74.2
65.3

100.7
67.8
63.1

99.7
65.1
63.8

97.4
55.4
57.1

93.0
52.1
62.7

-1.0
-4.0
+1.1

+7.2
+25. 0
+1.8

4.998
1.19

5.145
1.18

4. 777
1.18

4.925
1.19

4.876
1.18

4.851
1.18

4.851
1.17

-1.0
-0.8

+0.5
+0.9

1,901
2.863
1.30

1, 683
2,736
1.30

1,589
2,423
1.30

1, 582
2,902
1.23

858

710
3,157
1.50

659
2,949
1.50

-45.8

1. 15

2 411
2 312
475

1 885
2 295
235

1, 9871
2,412!
346

2,198
2,221
507

2,202
2,307
631

2,090
2,098
496

2, 129
1,898
590

+0.
+3.
+24.

402
376

394
348

384!
3521

7362
7317

370
358

367
322

346
330

241

229

7 161

216

159

169

3 741
3,71?
8,17Ji
3 77e

3 639
3,493
7,985
3 Q77

3,823
3, 658
8, 394 {
4,101

3, 543
3, 567
8, 413
3, 513

3,068
3, 075
7, 943
2,813

3,292
3,386
9,011
3,573

4 25^

4 665

5,071

4,841

4, 437

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

1 251
1 166
1,368
1 330

1 274
1 112
1,523
1 071

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

7

1, 187
7 1, 126
7 1, 735
7 1, 157

of dozen garments

2 50]

2 444

2,349

52, 550
26, 655

69, 787
30, 389

71, 649
26, 300

6,629
5 638
4,302

5,554
4 822
4,061

21 228

12 994

.

073;

+64.2

Cotton Finishing
White, dyed and printed (outside mills):
Billings, finished goods
thous. of yds..
New orders, gray yardage.. -thous. of yds_.
Shipments, finished goods.
... cases
Stocks, finished goods, end mo
cases. _.
Operating activity
per ct. of capacity. .
Unfilled orders, end of month
days..
Printed only (mills and outside):
Production
thous. of yds
Stocks, end of month
thous. of yds..
Silk
Imports raw
thous. of Ibs
Deliveries (consumption)
.
bales
Stocks, end of month:
At warehouses.
.bales
\t manufacturing plants
bales
Bilk machinery activity:
Broad looms
per cent of normal
Narrow looms_ _ per cent of normal
Spinnging spindles
per cent of normal..
Prices:
Raw, Japanese, 13-15, N. Y _ _ dolls, per lb__
Silk goods, composite
dolls, per yd..
Rayon
Imports
*
..thous. of lbs__
Stocks, bonded, end of month. . .thous. of lbs__
Price, 150 denier, A grade, N. Y. ..dolls, per lb_.

+30.2

6,714

10, 587 +57.7

+3.4
+21. 5
+6.9

15, 253
14, 488
2,599

15, 557 +2.0
15, 761 +8.8
2,918 +12.3

+2.
+12.

+6.9
+8.5

2,527
2,184

2,649
2,389

+4.8
+9.4

+34.

+27.8

2,786
2,963
8,916
2,836

-13.4
-13.8
-5.6
-19.9

+10.1
+3.8
-10.9
-0.8

23, 833
22, 998

24, 623
23, 821

+3.3
+3.6

23, 118

24, 445

+5.7

4,900

4,711

-8.3

-5.8

1,101
1,074
1,797
910

1,113
998
1,761
894

881
942
1,658
852

7,662
7,077

8,255
7,589

+7.7
+7.2

7,250

8,359 +15.3

7 2, 293

2,114

2,053

1,947

+7.8

+8.6

51, 216
21, 182

41, 526
20, 469

56,913
19, 672

58, 541
18, 449

-18.9
-3.4

-29.1
+10.9

414, 553
183, 497

405, 572 -2.2
202, 628 +10.4

4,615
4, 007
2,910

4,331
3,509
2, 805

5,150
4,317
4,227

5,040
3,757
4,182

-6.2
-12.4
-3.6

-14.1
-6.6
—32.9

34, 853
27, 047

37, 836 +8.6
31, 445 +16.3

8,546

8,135

13, 840

12, 215

-4.8 ,

-33. 4 i

85, 645

87, 770

-6.5

23 3

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

thous.
thous.
thous.
thous

of dozen pairs
of dozen pairs.
of dozen pairsof dozen pairs

thous of dozen pairs

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

Burlaps and Fibers
Imports:
Burlaps
thous. of lbs_.
Fibers (unmanufactured)
long tons..

-7.2 +25.0
+4.6 +14.0
+3.6 i +8.4
+21. 3
+6.8

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

5, 245!
4, 563i
3, 53] |

Fur
Sales by dealers
8

thous of dollars

Cumulative through June 30.




12, 522.

+2.5

25
TREND OF BUSINESS MOVEMENTS—Continued
1939

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

PER CENT INCREASE (+) OR
DECREASE (— )

1938

July,
March

April

May

July,
1929,
from
July,
1928

1929,

June

July

June

from
June,

July

1929

CUMULATI ,'2 TOTAL
FROM JAN. 1
THROUGH JULY 31

1928

1939

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

TEXTILES— Continued
i

Cotton Mill Dividends
(Quarterly)
Fall River mills
New Bedford mills

thous. of dollars..
thous. of dollars

2235
2
249

ratio to capacity..
thous. of gross..

52.9
11, 034

2

2225
2280

241

4 3

-4-12 4

2346

-6.6
-19.1

-18.4
-1.6

M87
6943

-5.5
-43.9

+37.7
+3.0

6460
6529

Buttons
Fresh-water pearl buttons:
Production
Stocks, end of month.

52.6
11, 114

51.6
11, 226

50.1
11,351

40.9
11, 171

46.8
11,277

29.7
10, 847

IRON AND STEEL
Iron
Manganese ore, imports.- -thous. of long tons...
Iron ore:
Imports - - _thous. of long tons
Shipments from mines-thous. of long tons..
ReceiptsLake Erie ports and
furnaces
thous. of long tons
Other ports _ ..
thous. of long tons
Consumption
thous. of long tons
Stocks, end of monthTotal
thous. of long tons_ _
At furnaces
thous. of long tons..
On Lake Erie docks thous. of long tons..
Pig-iron production:
Total, United States.. -thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
thous. of long tons.
Furnaces in blast, end of month:
Furnaces
number
Capacity
long tons per day__
Per cent of total
per cent..
Ohio gray-iron foundries:
MeltingsActual
long tons
Normal
long tons
Ratio to normal per cent of normal..
Stocks, end of month-.per cent of normal..
Receipts
percent of normal..
Malleable castings:
Production
short tons..
Operating activity
per ct. of capacity..
Shipments
short tons
N e w orders . _ ._
_ . short tons
Wholesale prices:
Foundry, No. 2,
northern
dolls, per long ton..
Basic (valley furnace)— dolls per long ton..
Composite pig iron
dolls, per long ton..

18

31

29

51

48

13

22

107

213 +99.1

244
None

284
2,516

276
9,549

244
10, 174

301
10, 671

189
8,926

183
8,980

+23.4
+4.9

+64.5
+18.8

1,418
23, 275

1,770 +24.8
32, 910 +41.4

None.
None
5,465

1 191
387
5,417

6,753
2,527
5,980

6, 985
2, 805
5,677

7,509
3, 127
5,808

6,010
2,613
4,667

6,078
2,655
4,633

+7.5
+11.5
+2.3

+23.5
+17.8
+25.4

14, 936
6,791
32, 535

22,438
8,846
38,361

20, 005
15, 782
4,223

15, 930
12, 283
3,647

19, 146
15, 275
3,872

23, 701
19, 619
4,082

28, 697
24, 245
4,452

22, 981
17, 913
5,051

27, 209
21, 824
5,385

+21. 1
+23. 6
+9.1

+5.5
+ 11.1
— 17.3

3,714
755
86

3,663
837
79

3,898
793
81

3,717
717
90

3,785
748
100

3,082
633
97

3,072
607
95

+1.8
+4.0
+11.1

+23.2
+22.9
+5.3

21, 593
4,452
563

25, 425 +17.7
5,346 +20.1
618 +9.8

212
120, 740
66.5

215
122, 980
67.4

219
126, 150
68.7

218
122, 590
68.6

216
121, 965

189
100, 855
55.3

185
98, 445
54.6

-0.9
-0.5

+16. 8
+23.9

20, 662
18, 985
108.8
133
107

23,703
20, 949
113.1
122
102

23, 588
20, 568
114.6
118
112

21, 214
19, 164
110.6
131
105

19, 508
18, 535
105.3
131
99

19, 382
18, 454
105.0
147
99

19, 967
19, 363
103.0
127
107

-8.0
-3.3
-4.8
0.0
-5.7

-2.3
-4.3
+2.2
+3.1
—7 5

114, 877
112, 297

151, 422 +31.8
139, 406 +24.1

83, 365
87.7
81, 063
86, 744

83, 765
87.8
81, 999
80, 808

81, 705
83.8
80, 535
76, 927

72, 512
7
75. 2
72, 608
65, 377

70, 132
73.2
69, 940
61, 988

67, 090
69.9
66, 737
61, 071

60,290
63.1
60, 084
60, 964

-3.3
-2.7
-3.7
-5.2

+16.3
+16.0
+16.4
+1.7

19.51
17.50
19.11

19.76
17.90
19.25

20.26
18.38
19.27

20.26
18.50
19.35

20. 26
18.50
18.31

18.51
15.45
17.97

18.41
16.00
17.79

0.0
0.0
-5.4

+10.0
+15.6
+2.9

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

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

10, 578
10, 171
9,059
89, 437

9,761
14, 342
16, 854
90, 026

12, 094
13, 071
14, 765
89, 728

10, 581
12, 302
12,950
87, 993

-7.7
+41.0
+86.0
+0.7

-7.7
+16.6
+30.1
+2.3

87, 368
78, 855
85, 472

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

19, 410
14, 946
15, 034
181, 988

16, 119
17, 458
18, 421
179, 900

12, 632
24, 097
29, 471
175, 019

31, 238
25, 165
29, 779
188, 078

19, 541
28, 247
32, 164
179, 539

-21.6
+38.0
+60.0
-2.7

-35.4
-14.7
-8.4
-2.5

204, 918
143, 332
161, 248

161, 173 -21.3
112, 398 —21.6
117, 363 -27.2

10, 653
6,443
8,238

10, 641
7,900
8,178

9,364
9,226
9, 603

7,465
13, 247
17, 545

13, 363
11, 665
12, 394

11, 388*
13,285
14, 844

-20.3
+43.6
+82.7

-34.4
-0.3
+18.2

100, 309
70,233
80, 659

80, 171 -20.1
59, 655 -15.1
65, 939 -18.2

74, 067

74, 189

73, 958

79, 549

78,279

-0.3

-5.5

285, 223
295
315, 696
555
254, 856
213, 780
248, 993
271, 330
794
481 1, 197, 768 1, 115, 865

230, 250
182, 195
135, 711
960, 656

266, 627
224, 098
125, 000
852, 822

+10.7
+19.2
-8.2
-6.8

+18.4
+13.7
+99.2
+30.8

1, 224, 292
986, 477
1, 102, 481

1, 539, 073 +25.7
1, 180, 948 +19.7
1, 735, 746 +57.4

28, 603

7
7
7

-5.9 +118. 2

+50.2
+30.3
+17.9

455, 164

538, 718 +18.4

445, 312
444, 973

534, 662 +20.1
526, 867 +18.4

Cast-iron Boilers and Radiators
Round boilers:
Production
--thous. of lbs__
12, 248
Shipments
thous. of lbs__
7,208
New orders .
thous. of Ibs
6,151
Stocks, end of month
thous. of Ibs. . 86, 526
Square boilers:
Production
thous. of lbs__
28, 429
Shipments. _
_
thous. of Ibs
11, 476
New orders
thous. of Ibs
11, 844
Stocks, end of month
thous. of Ibs. _
170, 212
Radiators:
Production ..thous. sq. ft. heating surface. .
13, 182
Shipments... thous. sq. ft. heating surface. .
,6, 116
New orders ..thous. sq. ft. heating surf ace __
6,062
Stocks, end of
month
thous. sq. ft. heating surface. .
66, 903
Gas-fired boilers:
Shipments
dollars, _ 239, 879
Shipments
thous. B. t. u
171, 048
Production
thous B t u
177, 375
Stocks, end of month
thous. B. t. u__ 825, 707
Crude Steel
Steel ingots, production:
United States, total
thous. of long tons..
5,058
Ratio to capacity
per cent..
99
Canada
. thous. of long tons
137
U. S. Steel Corporation:
Unfilled orders,
end of month..
.thous. of long tons..
4,411
Earnings
_
..thous. of dolls
22, 265
> Quarter ending in montli indicated
68342—29
4




71,284

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

190,
149,
298,
939,

4,938
97
122

5,273
100
126

4,881
100
120

4,838
95
130

3,744
76
117

3,806
81
83

-0.9
-5.0
+83

+27.1
+17.3
+56.6

4,428
22, 361

4,304
25, 605

4,257
24,029

4,088

3,637
16, 359

3,571
16, 134

-4.0

+14.5

«Cumiilative

thrc ugh June C10.

77, 719
67,287
64,422

33,804

-11.0
-14.7
-24.6

+18.2

868 +18.6

« 87, 867
7

732

« 132, 100 +50.3

E-evised.

26
TREND OF BUSINESS MOVEMENTS—Continued
1939

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

July,
March

June

May

April

July

June

Per ct.
CUMULATIVE TOTAL j
inFROM JAN. 1 t
crease
THROUGH JULY 31
(
or-tf
decrease
(-)
cumu1938
1939
lative
1929
from
1928

PER CENT INCREASE (+) OR
DECREASE (— )

1938

July

1929,

from
June,
1929

July,
1929,
from
July,
1928

IRON AND STEEL— Continued
Crude Steel— Continued
Steel castings:
Production91, 746
Total
-.
short tons. _ 115, 163 121, 941 127, 189 7 116, 009 119, 474
78, 648
84
87
82
79
780
Ratio to capacity
__per cent-62
53
7 54, 154
51, 579
49, 562
53, 458
58,636
Railroad specialties __
short tons..
30, 742
27, 501
67, 895
68,553
7 61, 855
61,004
Miscellaneous
short tons. _
68, 483
51, 147
65, 601
New ordersTotal _
.short tons.. 130, 836 144, 616 113, 329 7 94, 996 103, 447
72, 107
66, 992
71
99
78
49
765
Ratio to capacity
_ percent..
45
90
44, 919 7 34, 947
37, 383
22, 597
75, 625
Railroad specialties
short tons..
60, 743
20, 483
66, 064
68,410
7 60, 049
Miscellaneous
short tons..
68, 991
49, 510
46, 509
70, 093
Sheets, black, blue, galvanized, and
full finished:
Production311, 629
267, 685
Total. __
nettons._ 364, 202 375, 256 393, 430 337, 841 323, 905
115.8
110.4
Ratio to capacity
percent..
98.1
115.2
94.3
115.2
82.2
Stocks, end of monthTotal
.net tons. _ 189, 050 175, 306 167, 869 163, 607 154, 854
151, 606
161, 933
47, 103
48, 334
52, 274
Unsold
net tons
54, 142
50, 702
63, 397
55, 280
Shipments
..net tons.. 363, 648 377, 274 392, 336 347, 989 344, 676
308, 741
278, 310
279, 783
307, 911
337, 222
318, 902
New orders
net tons
464, 297
398, 206
333, 357
713, 568
658, 155
Unfilled orders end of month
net tons__
676,568
526, 798
835, 801
791, 615
550, 468
Steel barrels:
Production
barrels
771, 584
836, 532
774, 853
647, 844
790, 175
712, 779
742, 165
Ratio to capacity.percent..
61.4
72.0
61.8
64.2
64.8
55.5
61.0
Shipments
barrels
834, 699
779, 567
782, 411
743, 407
775, 481
717, 496
645, 881
Stocks, end of month _
barrels..
55, 103
56, 936
52, 222
59, 986
53,868
55/831
59, 000
Unfilled orders, end of month
barrels. . 1, 470, 258 1, 269, 044 1, 215, 972 1, 548, 999 1, 372, 697 1, 159, 756 1, 232, 412
Track work, production
short tons
14, 838
13, 844
16, 333
13, 716
14, 927
16, 815
11, 776
Iron, steel, and heavy hardware
sales
rel. to Jan., 1921
204
217
230
223
187
226
220
Lock washers, shipments
thous. of dolls ,_
373
397
287
391
257
353
370
Wholesale prices:
Steel billets, Bessemer. dolls, per long ton..
36.00
35.25
35.00
32.25
34.80
34.00
32.00
Iron and steel comp
dolls, per long ton..
35.34
36.37
36.81
37.10
37.01
36.72
34.91
Structural steel beams.. .dolls, per lOOlbs..
1.95
1.95
1.95
1.85
1.85
1.90
1.90
Composite finished steel-dolls, per 100 lbs__
2.56
2.48
2.55
2.56
2.56
2.56
2.48

+51.9
+54.7
+87.6
+32.7

605, 913

790, 757 +30.5

+2.5
-4.8
+9.8

232, 342
373, 571

343, 360 +47.8
447, 397 +19.8

+8.9
+9.2
+7.0
+10.0

+54.4
+57.8
+82.5
+42.0

576, 260

827, 176 +43.5

224, 249
352, Oil

377, 329 +68.3
449, 847 +27.8

-4.1
-11.1

+21.0 2, 269, 823
+19.3

+3.0

-5.4
-9.9
-1.8
+9.5
-2.7

-4.4
-14.8
+23.8
+1.2
+19.6

+2.0
+3.9
+0.4
+14.9
-11.4
-6.7

+22.0
+15.7
+21.1
+7.4
+11.4
+17.6

+1.4
-1.5

+19.3
+52.1

-0.7
-0.8
0.0
0.0

+9.4
+5.2
+5.4
+3.2

+2.2
+2.2
+3.9
+3.9

+18.2
+18.2
+ 14.5
+14.5

2, 512, 506 +10.7

2, 173, 127
2, 155, 217

2, 514, 000 +15.7
2, 615, 305 +21.3

4, 356, 436

5, 041, 199 +15.7

4, 353, 211

5, 027, 678 +15.5

88, 905

99, 281 + 11.7

1,844

2,491 +35. 1

Fabricated Steel Products
Structural steel, fabricated:
New orders (prorated)
short tons
Ratio to capacity- _
per cent
Shipments (prorated)
short tons
Ratio to capacity. _
per cent..
Steel plate, fabricated, new orders:
Total
short tons
Ratio to capacity._
percent
Oil storage tanks
short tons
Steel bars, cold finished, shipments. short tons..
Steel boilers, new orders:
Quantity
__
number
Area
thous. of sq. ft
Steel furniture:
Business group—
Shipments
thous. of dolls
New orders
thous. of dolls
Unfilled orders, end mo_thous. of dolls. _
ShelvingShipments
thous. of dolls. _
New orders
thous of dolls
Unfilled orders, end mo.thous. of dolls. _
Iron and steel:
Exports. .. _
long tons..
Imports
long tons

7

358, 050
93
277, 200
72

7 334, 950
787
304, 150
79

342, 650
789
311, 850
81

57, 869
72
22, 045
62, 179

40, 675
51
9,984
60,486

47, 763
60
10, 087
58, 768

1,466
1,558

1,706
1,769

2,923
2,884
2,344

342, 650
789
292, 600
76

350, 350
91
304, 150
79

296, 450
77
261, 800
68

45, 918
758
6,890
51, 181

46, 686
62
14, 963
49, 910

35, 202
44
12,204
39, 542

1,751
2,145

1,685
1,823

2,052
2,081

1,887
1,666

1,932
1,738

2,845
2,880
2,379

2,784
2,814
2,401

7 2, 574
7 2, 522
7 2, 320

2,625
2,560
2,240

3,009
2,764
1,993

2,515
2,594
2,072

1,110
1,146
802

1,131
1, 095
765

989
1,121
897

7920
7959
7934

867
939
999

720
737
729

270, 925
39, 888

277, 580
43, 936

261, 516
54, 445

247,811
46, 397

270, 532
51, 275

89, 388
181, 677
82, 349
41, 644

296, 450
77
265, 650
69

1, 867, 250

2, 271, 500 +21.6

1, 690, 150

2, 009, 700 + 18.9

+29.8
+31.9
-11.4
+25.0
+6.2
+21.8
+14.2 +19.7

296, 442

330, 300 + 11.4

127, 891
280, 208

91, 117 -28.8
385, 734 +37.7

11,099
10,273

10, 777
11,824

-2.9
+15.1

+2.0
+1.5
-3.4

+4.4
-1.3
+8.1

20, 594
21, 186

20, 609
20, 613

+0.1
-2.7

723
713
706

-5.8
-2. 1
+7.0

+19.9
+31.7
+41.5

5,122
5,275

6,893 +34.6
7,280 +38.0

262, 052
56, 573

253, 336
33, 465

+9.2
-+10. 5

+6.8
+53.2

1, 612, 078
345, 585

1, 862, 371 +15.5
326, 847 -5.4

99, 705
162, 694
119, 670
61, 118

119, 297
120, 723
113,017
121, 061

111, 067
113, 430
101, 603
101, 560

+11.5
-10.4
+45.3
+46.8

-10.2
+43.4
+17.8
-39.8

101, 900
246, 575
92, 709

108, 077
223, 657
140, 109

131, 623
173, 898
138, 113

120, 600
164, 830
104, 262

+6.1
-9.3
+51.1

102, 709
298, 739
94, 446

114, 051
273, 463
138, 064

128, 298
227, 929
128, 368

122, 593
213, 539
116, 236

42, 061
142, 411
41, 817

44, 762
133, 265
54, 131

48, 221
111,141
47, 197

154, 243

214, 996

7

35, 959
+1.7
47
+6.9
16, 881 +117. 2
39, 943
-2.5

•

Enameled Ware
Baths:
Shipments
__
pieces..
82, 897
94, 452
93, 894
Stocks, end of month...
pieces.. 215, 000 208, 512 197, 472
New orders
pieces..
89, 944
99, 039
99, 070
Unfilled orders, end of month
pieces. . 54, 746
58, 015
49, 870
Lavatories:
Shipments
pieces..
94, 321
104, 199
104, 471
Stocks, end of month
pieces.. 278, 137 273, 284 257, 245
New orders
pieces. _
114, 819
102, 187
107, 878
Sinks:
Shipments
pieces. _
97, 429
109, 748
108, 081
Stocks, end of month
pieces.. 318, 069 312, 209 313, 022
New orders
pieces. . 107, 127 128, 629 111, 580
Miscellaneous sanitary ware:
Shipments. _
_
.pieces
36, 152
40, 544
35, 616
Stocks, end of month
pieces.. 149, 013 147, 990 145, 277
New orders
pieces. . 40, 050
45, 588
33, 781
Small ware (all except baths) :
Unfilled orders, end of month
pieces __
151, 113
183, 072
174, 981
Enameled sheet-metal ware:
Shipments
_ -dozen pieces. _ 449, 425 463, 577 352, 885
flCur Qulative tlhrough Juiie30.




7

337, 375

705, 750

595, 972 -15.6

820, 752

631, 060

-23.1

-10.4
+35.7
+34.4

806, 692

675, 089

-16.3

936, 451

726, 987

-22.4

+11.0
-8.5
+46.2

-7.0
+28.1
+18.8

824, 217

704, 501 -14.5

48, 550
110, 330
41, 605

+6.4
-6.4
+29.4

-7.8
+20.8
+30.1

315, 920

274, 135

+39.4

-21.6

299, 078

277, 684
'" R(3 vised.

952, 171

274, 306

-18.0

365, 635

6

755, 359

334, 499

294, 539

-19.4

-20.7

2, 134, 181 62,421,710 +13.5

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

March

April

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

May

June

July

July,
1929,
from
June,
1929

July

June

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

July,
1929,
from
July,
1928

1938

1939

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

IRON AND STEEL-Continued
Machinery
87, 951
1,228
13, 031

1,177
12, 270

75, 631
1,235
11,487

57, 702
1, 218
10, 935

-4.2
-5.8

-3.4
+12.2

6506,145
10, 042
67, 152

« 610, 517 +20.6
9,549 -4.9
72,386 +7.8

2,014
1,715
4,364

1,778
1,849
4,282

1,505
1,640
3,088

1,460
1,553
2,984

-11.7
+7.8
-1.9

+21.8
+19.1
+43.5

9,798
9,754

12, 744 +30.1
11, 857 +21.6

240. 1
233. 3
275. 3
174. 2

229.7
219.6
260.0
159.5

219.3
222.5
202.7
142.6

211.7
206.1
241.0
142.5

-4.3
-5.9
-5.6
-8.4

+8.5
+6.6
+7.9
+11.9

177.7
217.0
323.8

177.3
172.7
300.8

219.3
182.1
368.7

149.1
129.4
359.3

94.8
124.8
332.1

141
48, 749

174
60, 772

203
67, 322

186
65, 197

162
42, 628

186
58, 670

-8.4
-3.2

0.0
+11.1

849
284, 687

998 +17.6
358, 418 +25.9

334
329
687

320
311
718

334
301
721

292
296
722

259
278
694

215
193
348

204
181
420

-11.3
-6.1
-3.9

+27.0
+53.6
+65.2

595
285, 465
247, 348

508
246, 673
232, 483

541
268, 043
262, 641

600
283, 170
269, 978

504
249, 447
290, 141

442
181, 205
195, 807

394
204, 636
177, 404

-16.0
-11.9
+7.5

+27.9
+21.9
+63.5

2,994
1, 381, 941
1, 267, 194

4,031 +34. 6
1, 932, 802 +39.9
1, 717, 658 +35.5

773
1,919
4,300

748
1,194
4,587

1,122
1,457
4,786

,091
,189
,047

1,146
1,157
5,118

600
573
1,688

463
733
1,800

+5.0 +147. 5
-2.7 +57.8
+1.4 +184. 3

3,968
4,005

6,318 +59.2
9,472 +136. 5

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

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

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

,678
,612
,056
27
2,445

1,691
1,767
1, 232
18
2, 369 1

1,173
1,319
871
44
1,873

1,247
1,264
932
32
1,838

+35.6
+39.8
+32.2
-43. 7
+28.9

9,441
8,846
6,690
195

14
187
10

12
169
13

28
174
9

17
168
16

19
145
5

6
96
14

5\
87
15

+11.8 +280. 0
-13.7 +66.7
-68.7 -66.7

66
676
91

104 +57.6
1,093 +61.7
75 -17.6

107
55, 303

108
58, 696

118
54, 420

7
120
51, 929

132
62, 266

97
48, 123

105
48, 897

+10.0
+19.9

+25.7
+27.3

682
334, 956

751 +10.1
375, 598 +12.1

3,357
42
50

4,267
62
54

3,861
62
51

3,591
51
39

4,054
53
92

4,275
24
42

3, 107 +12.9
44
+3.9
59 +135. 9

+30.5
+20.5
+55.9

24, 820
295
371

26,092 +5.1
358 +21.4
384 +3.5

93, 698
107, 253
163, 561
192, 792
105, 860
43, 745

94, 902
110, 313
161, 285
196, 820
99, 051
45, 842

93, 392
108,961
161, 784
192, 589
93, 743
36, 949

7

82, 354
95, 339
156, 447
7
174, 586
95, 258
40, 852

79,329!
94, 690
153, 513
174, 547
98,720
33, 876

73, 224
88, 398
131, 024
159, 474
81,436
50, 261

73, 426
83, 875
135, 092
156, 190
82, 245
47, 855;

-3.7
-0.7
-1.9
0.0
+3.6
-17.1

+8.0
+12.9
+13.6
+11.8
+20.0
-29.2

496, 319
578, 539
894, 719
1, 057, 439
526, 273
343, 836

614, 735
712, 941
1, 092, 447
1, 277, 207
691, 538
303, 683

+23.9
+23.2
+22.1
+20.8
+31.4
-11.7

52, 968
242, 341
.2126

57, 494
253, 509
.1950

70, 412
262, 229
.1778

83, 140
251,481
.1778

97, 729
239, 470|
-. 1778

58, 809
235, 363
.1453

54, 871 '
241,131!
.1453

+17.5
-4.8
0.0

+78.1
-0.7
+22.4

473
439
1,085
1,172
789

509
441
1,137
247
497

536
518
1,120
262
495

456
404
1,084
244
249

438
461
1,049
345
405 i

400
364
1,157
310
185

367
365
1,124
346
247

-3.9
+14.1
-3.2
+41.4
+62.7

+19. 3
+26.3
-6.7
0.3
+64.0

3,079
2,871

3,284
2,980

+6.7
+3.8

2,639

3,056 +15.8

743

689

618

568

507

414

405

-10.7

+25.2

Deliveries (consumption)
long tons
8,175
8, 435
8,480
Stocks, end of month:
World visible supply.
long tons
26, 632
24, 765
26, 353
United States
_
_
long tons .
2,550
3,464
3,603
Imports
long tons..
7,435
8,902
8,838
Wholesale price, Straits, N. Y
dolls, per lb._
.4885
.4392
.4597
e Cumulative through June 30.

7,455

6,865

6,950

23, 751
3,820
7,150
.4426

23, 787
3, 087!
5,521
. 4640!

16, 231
2, 148
5,050
.4796

Vacuum cleaners, shipments
number
Water softeners, shipments
__units_.
Water systems, shipments
units
Pumps:
Steam, power, and centrifugalNew orders
thous of dolls
Shipments
thous. of dolls
Unfilled orders, end mo.thous. of dolls. _
Agricultural machinery and equipment:
ShipmentsTotal
rel. to 1923-25..
Domestic
rel. to 1923-25
Foreign
rel. to 1923-25
Production
rel. to 1923-25. _
Foundry equipment:
New orders
rel. to 1922-24. _
Shipments
rel. to 1922-24
Unfilled orders, end of mo..rel. to 1922-24..
Stokers, mechanical, sales:
Quantity
.number. _
Power
horsepower
Machine tools:
New orders
rel. to 1922-24..
Shipments
..
rel. to 1922-24..
Unfilled orders, end of mo. -rel. to 1922-24..
Electric hoists:
New ordersQuantity
number..
Value
-- dollars
Shipments
_
dollars ..
Electric overhead cranes:
Shipments
thous. of dolls _ _
New orders
_ .thous. of dolls.
Unfilled orders, end of mo thous. of dolls
Woodworking machinery:
New orders
thous. of dolls
Shipments
thous. of dolls.
Shipments
number of machines. _
Cancellations
thous. of dolls
Unfilled orders, end of mo. -thous. of dolls..
Electric industrial trucks and tractors:
Shipments, domestic—•
Tractors
number of vehicles ..
All other types
number of vehicles-Exports
.number of vehicles..
Fire-extinguishing equipment, shipments:
Motor vehicles .
number.
Hand types
number
Patents issued:
Total, all classes
number
Agricultural implements ..
.number
Internal-combustion engines.
number _ _

123, 650
1,510
9,322

124, 882
1,604
11,030

116, 192
1,444
12, 348

1,878
1,608
3,912

2,175
1,740
4, 343

1,772
1,886
4,058

255.0
246. 7
298.3
185.1

261.7
264.3
247.9
187.2

225.5
223.9
233.6
182.5

209.4
197.5
414.4

172.6
220.3
363.4

117
42, 432

7

7
7
7
7

7

+23.7 +131. 3
+5.4 +45.9
+22.6 +11.0

+0.8
+9.6
+16.7
-33.3
-3.1

12, 399
11, 765
8,119
251

+31.3
+33.0
+21.4
+28.7

NONFERROUS METALS
Copper
Production:
Mines
short tons..
Smelter
short tons
Refined (N. and S. America) . .short tons..
World production, blister
short tons..
Domestic shipments, refined
short tons
Exports
short tons..
Stocks (North and South America), end mo:
Refined
short tons
Blister
short tons
Wholesale price, electrolytic
dolls, per Ib
Wire Cloth
Production
_. .thous. of sq. ft._
Shipments
...thous. of sq. ft__
Stocks, end of month
thous of sq. ft
New orders
thous. of sq. ft..
Unfilled orders, end of mo
thous. of sq. ft_.
Make and hold orders, end
of month
thous of sq. ft
Tin




-7.9

+23.8

44, 005

54, 955 +24.9

18, 022
+0.2
2, 878! -19.2
4, 772| -22.8
.4710
+4.8
7
Revised.

+32.0
+7.3
+15. 7
-1.5

43, 645

54, 669 +25.3

5,545

28

TREND OF BUSINESS MOVEMENTS—Continued

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

March

April

May

PER CENT INCREASE (+) OR
DECREASE ( — )

1938

1929

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1939

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

NONFERBOUS METALS— Continued
Zinc
67, 519
56.3
55, 471
37, 962

73,319
61.2
54, 653
34, 588

73, 231
61.1
56, 958
33, 826

72, 087
60.2
52, 953
36, 932

72, 329
60.1
54, 441
44, 142

65, 680
53.4
50, 825
44, 468

62, 384
53.9
50, 890
42, 210

+0.3
-0.2
+2.8
+19.5

+15.9
+11 5
+7.0
+4.6

72, 206
20, 969
.0646

54, 821
26, 448
.0666

37, 961
40, 957
.0662

7 60, 119
7 47, 458
.0669

48, 995
39, 813
.0677

64, 531
32, 266
. 0616

43, 227
31, 679
.0620

-18.5
-16.1
+1.2

59, 298

62, 476

62, 119

i 57, 579

58, 108

51, 501

48, 671

13, 329
101, 763
57, 197
158, 149
.0745

11,615
75,935
57, 449
156, 888
.0719

8,424
96, 688
58, 140
162, 255
.0700

8,491
76, 003
53, 542
173,612
.0700

5, 373
66, 083
.0680

13, 277
77, 074
54, 185
163, 709
.0630

6,623
56, 395
49, 305
158,919
.0622

-2.9

+9.3

6,466
1,346
5,120

6,046
1,189
4,857

5,479
1,230
4,249

5,928
1,107
4,821

5,361
1,313
4,048

4,731
1,106
3,625

4,693
900
3, 793

-9.6
+18.6
-16.0

+14.2
+45.9
+6.7

33, 201
7,098
26, 102

41, 093 +23.8
8,427 +18.7
32, 668 +25.2

dollars. _
dollars
dollars
dollars

396, 465
167, 302
192, 739
36, 424

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

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

322, 040
154, 327
135, 770
31, 943

269, 216
113, 724
124, 372
31, 120

345, 169
148, 148
168, 420
28, 601

266, 219
110, 104
134, 350
21, 765

-18.4
-26. 3
-8.4
-2.6

+1.1
+3.3
-7.4
+43.0

2, 470, 177
986, 398
1, 308, 003
175, 776

2, 300, 783 -6.9
1, 006, 738 +2.1
1, 057, 876 -19.1
236, 169 +34.4

.dozens. _
dozens

211, 252
211, 516

165, 155
171, 722

176, 622
150, 501

98, 857
104, 762

141, 448
144, 385

114, 343
121, 415

6 1, 004, 112
6
1, 001, 966

50, 055
49, 549

55, 778
55, 632

43, 370
38, 597

37, 479
35, 334

48, 038
44, 833

61, 678
47, 856

6233,980
6226,407

6 287, 802 +23.0
6259,337 +14.5

6 663, 332 +37.3

Retorts in operation, end of month number
Per cent of total
per cent
Production
short tons..
Stocks end of month
short tons
Ore, Joplin district:
Shipments
short tons
Stocks, mines, end of month. __short tons__
Price, slab, prime western
dolls, per lb__
Lead
Production
short tons__
Ore shipments:
Joplin district
short tons
Utah
short tons__
Receipts in U S ore
short tons
Stocks U S and Mexico, end mo short tons
Price pig desilverized, N. Y
dolls, per Ib

366, 967

372, 339

+1.5

+13.3
+25.7
+9.2

342, 768

373, 727

+9.0

+0.9

+19.4

369, 196

406, 441 +10.1

-36.7
-13.1

— 18 9
+17.2

53, 242
478, 833
e 318, 256

62, 258
559, 166
6331,163

+16.9
+16.8
+ 4.1

Other Metal Products
Babbitt metal, consumption:
Total apparent
Direct by producers
Sale to consumers
Band instruments, shipments:
Total
Cup mouthpieces
Saxaphone
Wood wind
Pails and tubs, galvanized:
Production
.
Shipments
Other galvanized ware:
Production
Shipments

thous. of Ibs
thous. of Ibs
thous. of Ibs

dozens
-- dozens

6954,011
6 975, 059

-5.0
-2.7

Electrical Equipment
Electrical mfrs., new orders
2 322, 434
2 245, 521
2 340, 898
(quarterly)
thous. of dolls
Electrical porcelain, shipments:
106, 503
66, 968
Standard
dollars.. 105, 716 109, 558 110, 326 101, 013 139, 240
132, 762
159, 785
172, 704
128, 243
185, 908
148, 280
168, 066
Special
dollars
637, 602
679, 579
514, 307
735, 865
632, 025
667, 099
632, 172
High tension
dollars
4,079
2,597
3, 683
3,821
4,160
3,794
Glazed nail knobs
thous. of pieces
2,065
3,202
1,349
2,576
2, 458
1,998
Unglazed nail knobs
thous. of pieces
3,237
2,025
1, 239
Tubes
thous. of pieces
1,746
1,380
1,345
Laminated phenolic products,
1, 020, 948 1, 125, 767
shipments
dollars 1, 299, 437 1, 409, 532 1, 477, 523 1, 456, 335
Motors:
804, 226
896, 638
854, 349 1, 098, 864
942, 665 1, 258, 364
New orders
dollars
778, 787
761, 630
Billings (shipments)
. dollars
703, 848
883, 821
922, 220 1, 038, 218
Power switching equipments:
New orders—
124, 345
144, 940
162, 578
133,418
246, 171
Indoor
- dollars
200, 564
380, 416
385, 428
Outdoor
dollars
521, 874
598, 645
460, 749
400, 397
2, 779, 032 2, 769, 866
Outlet boxes and covers, shipments
pieces 2, 688, 191 3,005,179 2, 931, 583 2, 114, 582
Vulcanized fiber:
561
828
814
626
Shipments, total.. •_ . _ thous. of dolls
812
827
2,606
3,098
Consumption
thous. of Ibs
3,006
3,144
3,693
3,470
115,929
Industrial reflectors, sales
units
117, 104
134, 751
124, 466
153, 716
130, 413
126, 948
1,738
Power cables, shipments
thous. of ft
1,947
2,320
2,112
1,954
1,986
2,366
Flexible cords:
37,328
Shipments
thous. of ft
47, 932
48, 32,4
37, 803
49,221
40, 588
46,411
Stocks, end of month
thous. of ft
46, 882
55,771
66, 831
45, 109
50, 286
Welding sets, new orders:
294
206
Single operator
units
296
282
443
'387
371
10
2
Multiple operator
units
9
8
5
7
7
Panel boards and cabinets, shipments
(quarterly)
thous. of dolls
1,205
1,288
6,373
6,684
Nonmetallic conduits, shipments. .thous. of ft__
7,645
8,242
6,397
6,829
4,861
4,958
Electric furnaces, new orders
kilowatts. .
6,237
6,932
7,218
6,562
14, 542
Manufactured mica:
265
252
270
Shipments
thous of dolls
292
303
335
304
294
Unfilled orders end of mo thous of do^ls
305
302
308
332
Delinquent accounts, electrical trade:
164, 693 7150,243
168, 724
Amount
dollars
146, 166
209, 002
189, 067
199, 949
7 1, 176
1,277
Delinquent
firms
number
1,223
1,027
1,363
1,279
1,285
Radio equipment, dealers' stocks, end quarter:
2 52, 877
Receiving sets
pieces.. 2 74, 817
261 149
242,158
2 63, 604
Loud speakers
pieces.. 2 75, 651
2 177, 505
Batteries
pieces
2 137, 479
2203,193
2 19, 696
Socket-power units
pieces
2 5, 207
2 7, 282
2401,654
Tubes, receiving
pieces
2 554, 113
2 756, 008
Tubes, rectifvine
nieces
270 Qfifi
2 60. 064
2 26. 461
6
2
Cumulative through June 30.
Quarter ending in month indicated.




+5.7

+38.8

« 483, 029

+37.8
-2.7
-5.2

+30.7
+26.6
-0.9

494, 621
868, 584
3, 505, 592
e 14, 077
6
7, 401
6 6, 456

809, 465
1, 107, 067
4, 484, 453
623,572
6 15, 243
69,875

+63.7
+27.5
+27.9
+67.5
+106. 0
+53.0

64,989,688 68,263,225

+65.6

64,660,068 65,903,511
64, 346, 701 65,052,255

+26.7
+16.2

616,040,834 6 16, 182, 221

-4.6
+12.0

+7.4
+36.1

+0.6

64,807
6 19, 818
956, 631
14, 444

+22.7
+19.0
+13.4
+13.1

6 3, 919
6 16, 652
843, 520
12, 766
6 231, 764
6 280, 409

6 281, 947 +21.7
6304,992
+8.8

-4.7
-44.4

-4.1
-50.0

1,562
110

2,388
51

+52.9
-53.6

+11.1

+42.6

647,554
33, 414

640,675
64, 352

-14.5
+92.6

-13.4
-16.0

-2.7
-12.7

-18.3 +15.6
-15.9 +50.9
-32.3 -22.5
-28.5 -73.6
-26.7 +38.0
-15.4 +127. 0
7
Revised.

29
TREND OF BUSINESS MOVEMENTS—Continued
i

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

PER CENT INCREASE (+) OR
DECREASE (— )

1928

July,
March

April

May

July

June

1929,

June

from
June,

July

1929

AUTOMOBILES
Production:
United States7 585, 222
Total
number of cars
7
513, 344
Passenger cars
number of cars
2,079
Taxicabs
number of cars _
7 69, 799
Trucks
number of cars
Canada40, 621
Total
number of cars
32, 833
Passenger cars
number of cars
7,788
Trucks
number of cars
Exports (assembled):
From United States—
76, 382
Total
number of cars
Passenger cars
_ _ .number of cars..
51, 504
24, 878
Trucks
number of cars..
From CanadaTotal
number of cars
15, 528
Passenger cars
number of cars
10, 194
5,334
Trucks .
number of cars.
Shipments (General Motors Co.):
To dealers
_
number of cars. _
220, 391
To users
number of cars
205, 118
Accessories and parts:
Shipments—
Original shipment
rel. to Jan., 1925-.
275
148
Replacement parts rel. to Jan., 1925
Accessories
rel. to Jan., 1925. _
85
224
Service parts
rel to Jan., 1925
Rim production
thous. of rims
2,613
New passenger-car registrations:
Total
number of cars
378, 069
Highest price group.number of cars11, 392
Second highest group
number of cars
58, 623
Third highest group _ _ .number of cars__
84, 932
Lowest price group
number of ears.. 222, 646
Miscellaneous
number of cars
476

621, 336 7 604, 071 7 545, 375
537, 225
516, 055 7 452, 624
1,378
1,318
1,686
82, 425 7 86, 698 7 91, 373

41,901

500, 331
426, 159
1,054
73, 118

396, 796
356, 214
408
40, 174

392, 086
338, 383
409
53, 294

17,461

25, 226
20, 122
5,104

6,430

21, 492
16, 511
4,981

13, 600
3,861

28, 399
25, 341
3, 058

64, 437
47, 732
16, 705

39, 913
28, 417
11, 496

50, 976
34, 106
16, 870

55, 545
29, 082
26, 463

47, 171
36, 038
11, 133

51, 670
38, 880
12, 790

6,586

9,561

8,219

34, 392

7,509

31, 559
25, 129

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

July
1929,

from
Julv, j
1928

-18.8
-17.6
-22.5

-30.8
-32.4
-24.4

150, 214

22, 223

165,213 +29.1
40, 609 +82.7

+56.9 +106. 9

+9.0
-14.7

+7.5
-25.2

305, 008
233, 184
71, 824

379, 976 +24.6
250, 725 +7.5
129, 251 +80.0

-8.8
-27.7

34, 933
25, 596

67, 033 +91.9
43, 497 +69.9
23, 546 +152.2

5,589

8,021

4, 431
1,158

6,545
1,476

-11.0
-11.5
-10.0

+75.3

220, 277
214, 870

200, 754
194, 705

189, 428
181, 851

186, 160
206, 259

169, 473
177, 728

-5.6
-6.6

+ 11.8
+2.3

278
169
91
200

231
150
90
188
2,184

205
152
92
170
1,897

200
150
110
140

2,429

203
148
112
120
2,210

-11.3
+1.3
+2.2
-8.6
-13.1

+1.0
+2.7
-17.9
+41.7
-14.2

481, 750
16, 276
74, 944
112, 183
277, 854
493

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

386, 441
11, 447
57, 915

432, 609
11, 240
64, 768
87, 685
267, 878
1,038

317, 069
11, 648
63, 886
94, 746
145, 490
1,299

324, 120

+33.5

67, 439
7 93, 993
7 150, 254
7
1, 124

+11.9
-1.8
+11. 8
+2.1
+16.1
+184. 4

36, 888
1,393
851

40, 172
1,388
1, 402

38, 073
1,348
1,721

40, 635

35, 963
1,351
1,277

36, 276
1,341
1,503

+6.7

+12.0

+0.8

+15.4

227, 718
223, 303
287
174
91
227
2, 730

2,574

85,913

230, 801
365

7,319

7

7

11,310

-0.6
-4.0
-6.7

+78.3
-7.7

3,573

288, 835

127,991

3, 723, 723
3, 198, 497
11, 687
513, 539

+43.6
+39.0
+227. 1
+77.8

2, 593, 607
2, 301, 199

4,732
2,587

5,727
3,834

1929

( }
or t
decrease
(-)
cumulative
1929
from
1928

-8.3 +27. e'
-5.8
+25. 9
-23.5 +157.7
-20.0 +37.2

5,346
2,873

2,422

4,164

1928

|

Per ct.
increase

205, 822 +37.0

9,337

1, 252, 789

1,240,461

1, 361, 296
1, 262, 905

+8.7
+1.8

16, 098

+6.0

15, 180
1, 880, 526
77, 929
392, 905
578, 665
822, 055

8,972

2, 587, 810 +37.6
78, 615 +0.9
393, 975 +0.3
573, 478 -0.9
1, 537, 876 +87.1

3,866 -56. 9

FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons..
Canada
thous. of short tons. .
Exports
thous of long tons
Consumption—
By vessels .-.
thous. of long tons. _
By electric-power
plants
thous of short tons
By railroads
thous. of short tons
By coke plantsUnited States
thous. of short tons..
Canada
thous. of short tonsStocks, end of month,
held by consumers__thous. of short tons..
Prices—
Mine aver, (spot) dolls, per short ton
Wholesale, comp__dolls. per short ton..
Retail, composite. dolls per short ton..
Anthracite:
Production
thous. of short tons..
Exports
thous. of long tons_.
Stocks, end of mo. in
yds. of dealers
no. of days' supply _.
Prices—
Wholesale, comp ..dolls, per long ton_.
Retall, composite dolls, per short ton
Coke:
Production, U. S.—
Beehive
thous. of short tons..
By-product
thous. of short tons_.
Production, Canada. -thous. of short tons- .
Exports
thous of long tors
Price, furnace,
Connellsville
.. dolls, per short ton

39, 347
1,370
878
283

3,415

7

+8.6
+4.6
8,503 +20.8

293, 842
6 8, 647

7,040

314

351

322

314

+11.8

+11. 8

2,197

2,198

0.0

3, 370

3, 585

3,037
6,927

3, 169

+5.3

+13.1

23, 060
6

25, 209
6 47, 146

+9.3
+1.9

7,588

6,167
271

6,046

+2. 0

+25. 5

8,180

7,393

7,630

7 3, 404
7.071

7, 486
315

7, 156
306

7, 658
318

7 7, 442
308
8

8 36, 900

1.79
4. COO
9.06

1.69
3.912
8.76

5,044

6,441
160

8

33, 100

3.908

151

270, 565
6 8, 269

338

361

3,576

1,735

46,251

7,002
279

50, 944 +16.8
1, 826 +20. 1

43,612

6

6

1, 521

41 700

8.5C

1.67
3. 906
8.62

1.73
4.001
8.72

1.71
3. 984
8.69

0.0
0.0
+1.4

-2.3
-2.0
-0.8

6,308

5,069

4,999

203

5,301
209

4, 394
167

— 1.4
+7.4

+13.8
+21.6

855

857

12. 539
14.40

12. 628
14.48

12. 754
14.63

12. 949
14.61

12.965

+1.0
+1.0

-1.6
0.0

597

280
3,911
200
79

1.68

3.905

8.52

189

246

834

855

13. 077
15.07

12. 654
14.71

534
4,613
228
87

4,457

4,664

231
83

602
4, 51C
231
92

600
4,614

220
60

84

302
3,961
195
126

87

+6.3

2.99

2.81

2.80

2.8C

2.80

2.80

2.79

0.0

75, 426

+9.5

+21.1

+0.9
+3.7

+0.4

72, 526

41, 868
1,521

41, 497
1,467

468

859

14.63

-0.3 + 114.3
+2.3 +18.0

3,720 +45.9

2,550

31, 308 +13.5
6 1, 333 +21.7
586 +2.6

27, 582
6 1, 095
571

Petroleum
Crude petroleum:
Production
thous of bbls
Stocks at end of monthTotal (comparable)
thous. of bbls..
Tank farms and pipe
lines . .
thous. of bbls
Refineries _ .thous. of bbls

82, 515

80, 110

84, 415

83, 408

91, 327

379, 659

380, 706

379, 542

379, 089

383, 343

371, 212

369, 389

+1.1

333, 402
46, 257

332, 976
47, 730

330, 984
48, 558

331, 786
47, 303

335, 232
48, 111

328, 094

43,118

326, 314
43, 075

+1.0
+1.7

+2.7
+11.7

Light
.
thous. of bbls
24, 067
Heavy . ._
thous. of bbls_. 100, 504
Imports
thous of bbls
6,790
Consumption (runtostills).-thous. of bbls__
80, 708
Refinery operation
per ct. of capacity __
78
Price, Kansas-Oklahoma
dolls. perbbL.
1.110
Oil wells completed
number. .
1,074
MexicoProduction
thous. of bbls
3,526
Exports
thous. of bbls__
2,J 69

* Cumulative^through June 30,
http://fraser.stlouisfed.org/

26, 500
100, 332

29, 934
102, 177

32, 667
.103, 660
6,591
84, 400
83
1.300
1,316

34, 43C
105, 646
6, 122
85, 919
81
1.300
1, 42C

19, 197
94, 234

18, 215
95, 663

+89.0

75, 958
81
1.190
1,056

80, 602
82
L195
1,096

+5.4
+1.9
-7.1
+1.8
-2.4
0.0
+7.9

+13.4

+3.8

Federal Reserve Bank of St. Louis

7,828

7,552

SO, 459
80
1.110
1,207

84, 420
81
1.158
1, 191

3,504

3,635
2,923

2,150

3,648
2,961
7

Revised.

6,553

4, 049

2,808

7,878

+10.4
-22.3
+6.6
-1.2
+8.8

+29.6

510, 990

579, 442

45, 884
514, 979

49, 974
+8.9
566, 762 +10.1

8,499 +28.3

6,623,

8
4,040
26, 965!
6
3,249
16, 179
8
As of month indicated*

6
6

20, 958
13, 306

-22.3
-30.6

30

TREND OF BUSINESS MOVEMENTS—Continued
1929

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

March

June

May

April

PER CENT INCREASE (+) OR
DECREASE (-)

1938

June

July

July,
1929,
from
June,
1929

July

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1929

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

FUELS— Continued
Petroleum— Continued
Crude petroleum— Continued.
VenezuelaProduction
thous. of bbls
Exports
thous. of bbls..
Gasoline:
ProductionRaw (at refineries)
thous. of bbls_.
Natural gas, (at plants) -thous. of bbls..
Exports. _
thous. of bbls..
Consumption
..thous. of bbls
Stocks, end of month —
Raw (at refineries)
thous. of bbls..
Natural gas (at plants) thous of bbls
Retail distributional States.thous.ofgals..
PricesWholesale, New York... dolls, per gal_.
Retail, wagon, 50 cities. .dolls, per gal_.
Kerosene:
Production
thous. of bbls
Exports _
thous. of bbls
Consumption
thous. of bbls
Stocks at refineries, end mo thous. of bbls
Retail distribution, 13 States.thous. of bbls..
Price, 150° water white
dolls, per gal._
Gas and fuel oils:
Production
thous. of bbls..
Consumption—
By vessels
thous. of bbls__
By electric pow. plants.thous. of bbls..
By railroads
thous. of bbls
Stocks at refineries, end mo.thous. of bbls..
Price, Okla. 24-26, refineries_dolls. per bbl__
Lubricating oil:
Production
thous. of bbls
Consumption
thous. of bbls
Stocks at refineries, end mo.thous. of bbls..
Price, cylinder oil
dolls, per gal._
Asphalt:
Production
thous. of short tons
Stocks, end of month.thous. of short tons..
Imports
thous. of short tons
Coke:
Production. _ _
_ .thous. of short tons
Stocks, end of month.thous. of short tons..
Wax:
Production
thous. of lbs__
Stocks, end of month.
thous. of lbs._

10, 694
9,438

11, 351
9,661

12, 038
10, 275

12, 101
10, 564

10, 793
10, 731

8,339
8,231

9, 398
8, 808

-10.8
+1.6

+14.8
+12.8

55, 509
54, 116

34, 467
4,324
4,609
27, 495

34, 636
4,264
4, 518
32, 019

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

35, 606
4,250
5,658
33, 163

37, 855
4,417
5,925
36, 860

30, 703
3,355
4,614
29, 469

32, 974
3, 431
5,108
32, 542

+6.3
+3.9
+4.7
+11.1

+14.8
+28.7
+16.0
+13.3

207, 932
23, 927
30, 292
182, 398

244, 433
29, 317
34, 220
209, 032

+17.6
+22.5
+13.0
+22.5

48, 205
995
769, 490

47,015
1,166
817, 177

44, 648
1,391
934, 284

41, 991
1,357

37, 880
1,155

34, 862
648
870, 210

30, 394 [
476
954, 697

.170
.149

.170
.150

.190
.157

.190
.160

.190

.170
.153

.173
.156

0.0

+9.8

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

4,434
1,620
3,156
7,497
34,281
.084

4,902
1,454
3,200
7,742
34, 322
.080

4,928
1,761
2,547
8,348
31, 083
.074

4,994
1,826
3,141
8,470
30, 594
.068

-10. 6
-27. 3
+5.4
+5.4

-11.8
-29.8
-14.5
+3.9

34,641
13, 066
20, 802

32, 320
11, 466
21, 038

-6.7
-12.2
+1.1
-0.8

-6.8

+1.5

192,671

6191,225

.069

4,849
1, 632
2,323
8,432
30, 759
.073

37, 456

37, 533

38, 570

37,338

37, 980

35, 765

36, 754

+1.7

+3.3

241, 356

260, 046

+7.7

4,593
711

4,183
743
4,484
30, 195
.675

4,179
647
4,266
33, 404
.665

4,704
600
4,259
35, 636
.631

4,544
617
4,170
37, 332
.675

2,943
1,581
8, 853
.293

2,899
2,442
8,527
.363

3,005
2,322
8,370
.405

228
250
2

283
249
6

129
402

4,406
1,281 '
2,684
8,797

40, 075
.695

4,307
498
3,819
36, 085
.719

4,116
554
4,071
36, 410
.670

2,928
2,446
7,869
.400

2,936
2,167
7,524
.388

3,009
2,143
7,832
.220

315
236
4

327
247
13

386
243
3

131
445

142
471

154
498

56, 372
158, 404

57, 976
170, 687

53, 783
179, 139

7 71, 644
50, 610

7 73, 547
55, 730

62, 346
51, 186

78,824 +42.0
69, 683 +28.8

-9.8 +24.6
+14. 9 +142. 6

29, 628
3, 835
23, 927

30, 370 +2.5
5,115 +33.4
25, 913 +8.3

+15.6

+28.3

+7.3
+3.0

+10.1
+3.7

2,828
1,931
7,667
.226

+0.3
-11.4
-4.4
-3.0

+3.8
+12.2
-1.9
+71.7

20, 215
13, 512

332
271
3

331
251
11

+18. 0
-1.6
-76. 9

+16.6
-3.2
72.7

1,942

1,935

-0.4

52

48

-7.7

158
564

118
344

127
385

+2.6
+13.3

+24.4
+46.5

782

52, 714
188, 764

46, 171
191, 298

50, 792
91,989

45, 273
84,476

-12. 4
+2.0
+1.3 +126. 5

360, Oil

61, 872
41, 828

44, 338

40, 927
27, 764

52, 831
31, 258

2 95, 220
2 81, 323
53, 159

47, 128

979 +25.2

375, 928

+4.4

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

.

long tons
__longtons__

long tons
2 118, 280
long tons.. 2 102, 091
thous. of lbs__
61, 335
long tons
2 95 110
long tons. . 2 65, 615
long tons . 2 29, 495
_ long tons
251,336
long tons..
..long tons
long tons.
long tons..
long tons
dolls, per lb_.

252, 676
100, 537
33, 484
32, 955
85, 700
.244

2
2

65, 673

66, 028

128, 149
111, 068
56,861
2
2
2
2

266, 379
107, 659
36, 789
30, 731
91, 200
.211

252, 867
97, 192
37, 143
35, 242
83, 290
.214

241, 833
92, 062
37, 135
36, 336
76, 300
.206

5,913
12, 697

6,109
13, 386

5,242
229

+41.8

+8.3
+8.S

2
2

95, 519
70, 598
24, 924
42, 719

+6.0

+34.6
+36.6

6 264, 530
241, 399

8 426, 897 +61.4
365, 564 +51.4

6 190, 493
6 162, 194
6 286, 995

246, 429 +29.4
213, 159 +31.4
6 361, 617 +26.0

+0.4
+8.8
-8.5
+7.6
-15.5 +134. 3
+16.8 +11.0

87, 771
77, 132
2 10, 639
2
38, 478

.213

212, 527
90, 198
42, 365
20, 664
59, 300
.194

208, 789
83, 242
39, 269
21, 578
64,700
.192

5,478
13,468

4,834
11, 932

5,030
9,150

5,185
204

5,288
153

5,745
171

5,726
13, 601

5,745
14, 196

5,234
14, 056

5,220
153

5,146
133

39
139

40
135

40
3

40
3

+3.8

+14.8

+7.7

+81.3

+3.4

+10.9

4,881
8,396

-11.8
-11.4

10
+42.1

33, 576

38, 200 +13.8

5,162
184

5,811
121

+8.6
+11.8

-1.1
+41.3

31, 623
1,033

34, 745 +9.9
1,444 +39.8

4,672
11, 763

5,222
12, 892

5,009
11, 248

-10.7
-16.3

-6.7
+4.6

35, 301

36, 942

5,115
98

6,177
91

5,254
105

6,469
83

+20.8
-7.1

-4.5
+9.6

33, 221
643

35, 633 +7.3
942 +46.5

40
133

38
130

49
156

46
152

-15.0
-2.3

-17.4
+18.4

304

255 -16.1

38
2

39
2

45
5

45
4

+2.6
0.0

-13.3
-50.0

282
27

256
ifi

95, 536
39, 131

Tires and Tubes
Pneumatic tires:
Production
thousands
5,639
Stocks, end of month
thousands..
12, 264
Shipments—
Domestic. _
thousands
4,804
Export
.thousands
227
Inner tubes:
Production
thousands
5,600
Stocks, end of month
_
thousands..
13, 313
Shipments—
•Domestic
thousands..
4,889
Export
thousands
164
Solid and cushion:
Production
thousands
36
Stocks, end of month..
thousands..
143
ShipmentsDomestic
_
thousands
38
Exports...
__
_ .thousands..
2
2
Quarter ending in month indicated.



6

Cumulative through June 30.

7

Revised.

+4.6

-9.2

— <in 7

31

TREND OF BUSINESS MOVEMENTS—Continued
1939

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

RUBBER— Continued
Other Rubber Products
Reclaimed rubber, (quarterly) :
Production
_
long tons
Stocks, end of quarter
long tons
Scrap rubber, (quarterly) :
Stocks at reclaimers _ _
. long tons
Consumption by reclaimers
long tons__
Rubber-proofed fabrics:
ProductionTotal.
thous. of yds..
Auto fabrics.
thous. of yds_.
Raincoat fabrics
thous. of yds. _
All other
.thous. of yds..
Rubber heels:
Production
thous. of pairs
Shipments—
To shoe manufacturers.thous. of pairs. _
To repair trade
thous. of pairs
For export.
thous of pairs
Stocks, end of month
thous. of pairs
Rubber soles:
Production
thous. of pairs
Shipments —
To shoe manufacturers_thous. of pairs
To repair trade
thous. of pairs
For export
thous. of pairs
Stocks, end of month
thous. of pairs
Mechanical rubber goods, shipments:
Total
thous. of dolls
Belting...
thous. of dolls
Hose
__
thous. of dolls
All other
thous. of dolls
Rubber bands, shipments
thous. of Ibs
Rubber flooring, shipments
thous. of sq. ft
Calendered rubber clothing:
Production
.
no. coats and sundries
Net orders
no. coats and sundries
HIDES AND LEATHER
Hides
Imports:
Total hides and skins.
thous. of Ibs
Calfskins
thous. of Ibs
Cattle hides
thous. of lbs_.
Goatskins
__
thous. of Ibs
Sheepskins
thous. of Ibs..
Stocks, end of month:
Total hides and skins
thous. of Ibs
Cattle hides
thous. of Ibs
Calf and kip skins. _
thous. of Ibs
Sheep and lamb skins,
thous. of Ibs..
Prices:
Green salted, packers' heavy
native steers.
dolls, per Ib
Calfskins, country, No. 1
dolls, per Ib
Inspected slaughter of livestock:
United StatesCattle
thous of animals
Calves
.thous. of animals.Swine
thous. of animals
Sheep
thous. of animals
CanadaCattle and calves thous. of animals __
Swine
_ thous. of animals
Sheep
thous of animals
Leather
Sole and belting leather:
- ProductionSole only. thous. of backs, bends, sides..
Sole and belting
thous. of Ibs
Stocks, end of month—
In process of tanning
thous. of Ibs
Finished.
thous. of Ibs
Exports...
thous. of Ibs..
Price oak, scoured backs
dolls, per Ib
Upper leather:
Production
thous. of sq. ft..
Stocks, end of month—
In process of tanning, .thous. of sq. ft._
Finished
thous. of sq. ft
Exports..
thous. of sq. ft
Chrome calf, "B" grades. .dolls, per sq. ft_.
Leather Products
Shoes:
Production. _
thous. of pairs..
Exports..
thous. of pairsWholesale pricesMen's black calf
blucher, Mass.
dolls, per pair
Men's dress welt, tan
calf oxford, St. Louis-dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
Gloves, cut _
dozen pairs

2
Quarter ending in month


March

2
2
2
2

April

May

June

53, 552
17, 727

2
2

59, 135

2
2

71, 001

PEE CENT INCREASE (+) OR
DECREASE (— )

1938

July

June

July

July,
1929,
from
June,
1929

57, 760
16, 446

2
2

51, 109
15, 459

+7.9
-7.2

61, 429
74, 292

2
2

51, 518
65, 387

3,952
878
1,730
1,344

4,000
917
1,839
1,199

4,860
919
2,387
1,554

4,409
1,199
1,948
1,262

17, 226

17, 256

19, 541

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

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

12, 552
7,604
1,054
44, 969

2,746

2,601

1,862
705
34
4,243

1,967
623
23
4,184

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

4,260
1,188
1,864
1,208

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1939

Per ct.
increase
or de^
crease
(-)
cumulative
1929
from
1928

6 102, 221

111,312

+3.9 +19.2
+4.6 +13.6

6129,456

145, 293 +12.2

-3.3 +23.6
-0.9 +55.7
-4.3 -4.5
-4.3 +64.8

19, 455
5,670
8,415
5,370

27, 337
6,588
11, 925
8,814

+40.5
+16.2
+41.7
+64.1

6 112, 984

-4.6

+13.0
+6.4

+8.9

2,953
895
1,351
707

3,447
763
1,951
733

20, 007

18, 763

17, 620

6 118, 381

12, 262
8,256
926
44, 581

9,166
9,022
864
50, 569

12, 070
7,372
457
49, 679

6 58, 373
6 45, 229
6
5, 656

e 67, 703 +16.0
6 643, 837
31
6, 762 +19.6

2,916

2,502

3,321

3,168

6 20, 574

e 17, 510 -14.9

2, 361
635
32
3,997

2,185
522
17
3,843

1,977
948
41
4,687

1,897
808
55
5,067

6 11, 378
6 5, 724
e 1, 788

6 13, 526 +18.9
6 4, 101 -28.4
6286 -84.0

7, 035
1,668
2,730
2,636
231
596

7,189
1,798
2,643
2,748
205
733

6,792
1,613
2,658
2,521
187
525

6,126
1,568
2,298
2,260
192
717

5,157
1,396
1,795
1,966
173
477

6 35, 939
6 8, 394
s 14, 178
6 13, 376
6 1, 167
6 3, 446

6 40, 197
e 9, 343
6 15, 413
6 15, 442
e 1, 370
6 3, 307

77. 740
32, 967

91, 193
102, 490

100, 706
78, 972

87, 530
98, 444

89, 871
60, 921

109, 802
89, 145

59, 685
37, 512

+2.7 +50.6
-38.1 +62.4

745, 242
460, 705

564, 995 -24.2
435, 517 -5.5

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

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

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

41, 509
6,559
17, 450
8,309
6,824

49, 910
5,636
24, 259
9,361
6, 849

58, 091
5,537
34, 168
8,383
7,323

50, 175
4,134
28, 193
7,873
6,171

+20.2
-14.1
+39.0
+12.3
+0.4

-0.5
+36.3
-14.0
+18.9
+11.0

333, 316
27, 281
189, 333
55, 783
39, 172

274, 228 -17.7
26, 691 -2.2
125, 798 -33.6
60, 941 +9.2
40, 117 +2.4

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

246, 359
206, 248
22, 058
18, 053

246, 330
201, 176
26, 068
19, 086

250, 025
196, 202
32, 525
21, 298

244, 746
196, 561
29, 159
19, 026

239, 877
194, 668
25, 551
19, 658

.145
.183

.149
.187

.149
.179

.168
.186

.181
.199

.224
.266

.239
.278

+7.7
+7.0

-24.3
-28.4

632
409
3,645
1,006

662
460
3,761
1,119

676
427
3,798
1,202

636
344
3,756
1,108

706
363
3,597
1,255

706
398
4,078
1,109

662
362
2,984
1,076

+11.0
+5.5
4 2

+13.3

+6.6
+0.3
+20. 5
+16.6

4,756
2,835
30, 711
7,333

74
215
21

105
208
19

110
187
17

93
161
25

105
159
55

99
205
25

100 +12.9
12
164
45 +120. 0

+5.0
-3.0
+22.2

626
1,576
164

1,140
22, 191

3,184
22, 936

1,144
22, 691

^ 1, 244
24, 911

1, 173

1,399
24, 971

1,436
25, 070

-5.7

-18. 3

9,426
6 146, 621

8,274
6 137, 612

-12.2
-6.1

79, 524
78, 772
1,336
.55

79, 487
76, 444
1,080
.49

80, 606
72, 070
1,149
.49

79, 153
70, 616
758
.49

832
.51

91, 781
63, 921
538
.68

90, 949
69, 557
531
.67

+9.8
+4.1

+56.7
-23.9

5,792

6,938

+19.8

6 406, 820

6 392, 996

-3.4

4,617
2,683
28, 773
7,793

+11.8
+11.3
+8.7
+15.4
+17.4
-4.0

-2.9
-5.4
6 3
+6.3

615 -1.8
1,387 -12.0
193 +17.7

66, 132

65, 152

63, 653

68, 681

66, 047

66, 464

133, 335
249, 373
11, 991
.49

130, 430
246, 992
10, 818
.50

134, 079
241, 783
10, 208
.51

135, 198
235, 156
8,491
.50

9,267
.49

143, 099
262, 667
8,949
.53

147, 443
254, 563
8,403
.57

+9.1
-2.0

+10.3
-14.0

84, 994

71, 137

-16.3

30,900
435

29, 382
372

29, 159
333

27, 910
357

320

27, 284
318

28, 154
344

-10.4

-7.0

6 168. 479
2,627

6 172, 303
2,607

+2.3
-0.8

0.0

1, 461, 175

1, 742, 281 +19.2

6.75

6.75

6.75

6.75

6.75

6.75

6.75

0.0

4.85

4.85

4.85

4.85

4.85

4.85

4.85

0.0

4.25
256, 691

4.25
258, 301

4.25
263, 933

4.25
252, 703

4.25
255, 711

4.25
228,039

4.25
202, 051

0.0
+1.2

indicated.

6

Cumulative through June 30.

0.0
+26.6

? Revised.

32
TREND OF BUSINESS MOVEMENTS—Continued

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

PER CENT INCREASE (+) OR

1938

1939

DECREASE (— )

March

June

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

Per ct.
in-

(

crease

~y

or decrease
(-)
cumul ative
1929
from
1928

May

April

June

July

142, 915
136, 669
185, 209
24, 014

123, 283
137, 017
170, 985
18, 724

133, 854
135, 917
184, 314
20, 528

112, 403
125, 465
171,098
14, 553

-3.7
+0.3
-5.7
-22.0

+9.7
+9.2
-0.7
+28. 7

970, 622
958, 673

1, 018, 198
971, 540

+4.9
+1.3

141,011

143, 637

+1.9

221, 388
221, 100
35, 940
161, 185
2.53

217,456

214, 068
45, 870
122, 474
2.53

200, 654
204, 512
42, 580
129, 910
2.53

-2.0
-0.9
-0.7
+4.7
0.0

+10.3
+8.1
-15.6
+24.1
0.0

1, 499, 432
1, 504, 116

1,604,478
1, 383, 148

+7.0
-8.0

119, 673
83
190, 757
170, 892

109, 861
82
187, 434
152, 763

-1.6

+1.6

828, 661

+1.8

+22.2

1, 345, 687

1, 539, 066 +14.4

July

1938

1939

PAPER AND PRINTING
Wood Pulp
Mechanical:
Production . . .
.
short tons
Consumption and shipments.. .short tons..
Stocks, end of month
. short tons
Imports
short tons
Chemical:
Production
short tons..
Consumption and shipments.. .short tons..
Stocks, end of month
short tons..
Imports
short tons
Price, sulphite.
.dolls, per 100 Ibs

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

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

166, 375
148, 251
178, 963
21, 044

231, 836
231, 526
37, 638
85. 074
2.45

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

241, 354
242, 254
34, 112
121, 989
2.49

225, 940
223, 016
36, 188
153, 956
2.53

114, 586
79
218, 147
198, 722

118, 679
82
221, 784
189, 986

123, 504
82
245, 644
200, 826

113,407

111, 578

81
225, 055
192, 424

229, 045

120, 003
119, 739
182, 994

121, 548
220, 270
178, 076

124, 840
247, 449
206, 036

114, 558
233, 920
202, 398

112,616
227, 502
210, 497

116,901

185, 086
163, 807

109, 849
185, 069
174, 667

-1.7
-2.7
+4.0

+2.5
+22. 9
+20.5

809, 028
1, 333, 667
1, 206, 905

822, 203 +1.6
1, 444, 295 +8.3
1, 342, 214 +11.2

244, 167

162, 381

214, 342

219, 895

199, 692

174, 031

167, 456

-9.2

+19.3

1, 232, 836

1, 409, 993 +14.4

30, 534
24, 045
174, 750
45, 673
3.25

27, 102
25, 741
166, 089
46, 724
3.25

25, 778
23, 893
154, 948
51, 425
3.25

24, 602
24, 199

23, 603
28, 993

40, 386
48, 270
199, 214
44, 266
3.25

-4.1
+19.8

-41.6
-39.9

161,318

0.0

0.0

914
201

718
108

12, 317
12, 414
126
63, 633

793, 380

915, 447 +15.4

Newsprint Paper
Production:
United States, total
short torn;..
Ratio to capacity
per cent
Canada
_ __ short tons.
Consumption by publishers
short tons..
Shipments:
United States
short tons-Canada. _ .
short tons
Imports
short tons
Exports:
Canada
short tons
Stocks, end of month:
At millsUnited States . .
short tons. .
Canada.,
short tons
At publishers
_ _ .short tons .
In transit to publishers
short tons
Price, roll, f. o. b. mill
dolls, per 100 lbs__

809, 220

-2.3

48, 716
3.25

3.25

39, 979
47, 937
186, 307
42, 767
3.25

601
135

695
125

501
131

745
113

555
128

-27.9
+4.8

-9.7
+2.3

4,610
905

4,618
963

+0.2
+6.4

12, 718
12, 176
124
62, 074

12, 748
12, 154
123
70, 169

12, 332
12, 445

11, 476
13, 737

-5.1
+37.6

86, 618
82, 087

86, 214
87, 077

-0.5
+6.1

57, 225

12, 098
9,986
96
48, 963

-6.9
+10.4

58, 687

12, 711
13, 100
96
53, 774

-2.5

+16.9

312, 207

419, 259

+34.3

9,417
82.5
256, 118
266, 895
258, 604
54, 982

9,273
81.3
251, 147
250, 366
247, 773
57, 881

9,526
83.4
264, 830
240, 395
260, 283
62, 311

i 9, 153
786.9
7 240, 633
7 230, 835
7 235, 484
7 62, 370

9,028
79.1
235, 944
240, 113
234, 763
63, 215

8,200
75.3
228, 646
228, 252
223, 901
53, 560

7,992
76.3
201, 153
209,976
203, 741
49, 969

-1.4
-9.0
-1.9
+4.0
-0.3
+1.4

+13.0
3.7
+17. 3
+14.4
+15.2
+26.5

64, 137

+10.5

1, 536, 360
1, 538, 230
1, 527, 833

1, 724, 996 +]2.3
1, 697, 285 +10.3
1,711,611 +12.0

137, 008
51, 520
96, 209
242, 073

142, 666
68, 005
98, 162
231, 089

150, 048
54,433
89, 485
248, 813

7 158, 153
56, 904
7 81, 880
7 233, 809

174, 733
64, 389
88,22
215, .61

130, 484
43, 480
77, 782
204, 468

132, 285
62, 056
79, 492
190, 810

+10.5
+13.2
+7.7
-8.0

+32.1
+3.8
+11.0
+12.8

1, 421, 285

1, 627, 039 +14.5

Printing
Book publication:
American manufacture
no. of titles..
Imported
no of titles
Sales books:
New orders
thous of books
Shipments.
thous. of books
Printing activity
weighted index number
Blank forms, new orders
thous. of sets. _
Box Board
Operation
thous. of inch hours
Operation
^__.
per ct. of capacity
Production
short tons
New orders
short tons
Shipments
short tons
Stocks, end of month
short tons
Stocks of waste paper, end of month:
On hand.
short tons
In transit and unshipped purchases ._ tons. _
Unfilled orders, end of month
short tons
Consumption of waste paper.
short tons

58, 052

Other Paper
Binder's board, production
short tons..
Book paper:
Production .
__
short tons
Ratio to capacity
per cent
Shipments
short tons
Stooks, find of month
short toris
New orders—
Coated
p. ct. of normal production. _
Uncoated.-p. ct. of normal production..
Unfilled orders, end of month—
Coated . p. ct. of normal production
Uncoated_.p. ct. of normal production-Wrapping paper:
Production
short tons
Ratio to capacity
per centShipments
short tons..
Stocks, end of month
short tons
Fine paper:
Production
short tons
Ratio to capacity
per cent
Shipments
short tons_.
Stocks, end of month
short tons
All other grades:
Production.. _.
short tons
Shipments
short tons
Stocks, end of month
short tons
Total paper (inc. newsprint and box board) :
Production
short tons
Ratio to capacity
per centShipments
short tons..
Stocks, end of month
short tons_.
7

Revised.




2,917

2,994

3,491

3,092

2,828

2,705

2,153

-8.5

+31.4

22, 583

21, 075

-6.7

136, 657
93
139, 253
71 399

138, 024
92

128, 024

129, 743

130, 768

122, 387
84
120, 551
89, 385

117, 492
80
118,314
88, 491

+0.8

+11.3

878, 289

927, 230

+5.6

104
91

89
84

86
80

84
82

82
81

75
73

77
80

-2.4
—1 2

+6 5
+1.3

10
9

10
10

10
9

9
8

10
9

£

10
8

+11.1
+12.5

0.0
+12.5

91, 746
86
96, 700
86, 596

91, 286
85
91, 377
86, 075

94, 302
85
92, 227
87, 733

87, 191
85
86, 406
88, 091

83, 965

90, 577
84
89, 309
98, 344

88, 477
86
94, 228
92, 467

+3.7
-7.1
-1.2
-2.0

-5.1
-8.1
-9.4
-6.6

659, 681

637, 176

-3.4

85, 392
86, 326

650, 567

639, 090

-1.8

41, 348
86
43, 788
47, 373

41, 819
93
40, 564
50, 213

41, 660
90
42, 368
49, 488

38, 513
90
37, 897
50, 103

37, 624
90
36, 608
47, 583

38, 225
84
38, 875
53, 155

33, 984
80
34, 562
53, 156

-2.3
0.0
-3.4
+5.0

+10.7
+12.5
+5.9
-10.5

272, 141

276 981

+1.8

269, 144

280, 632

+4.3
.

104, 355
102, 091
53, 205

104, 506
102, 278
55, 486

111, 182
107, 735
58, 932

100, 897
100, 098
59, 875

100, 632
101, 588
57, 917

104, 725
104, 977
71, 006

95, 469
96, 056
70, 578

-0.3
-1.5
-3.3

+5 4
+5.8
-17.9

709, 126
703, 127

728, 066
720, 869

+2.7
+2.5

744, 810
86
760, 439
349, 673

745, 461
87

773, 502
87

710, 384
87

700, 511

704, 233
82
694, 514
405, 429

646, 436
77
656, 750
395, 047

—1 4

+8 4

4,884,253

5, 103, 669

+4.5

33
TREND OF BUSINESS MOVEMENTS—Continued

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

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

1939

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

April

May

June

July

June

July

510, 680
398, 777
111, 903

492, 272
387, 596
104, 676

490, 117
386, 241
103,876

481, 762
406, 908
99, 922

506, 826
384, 885
96, 887

423, 282
341, 291
81, 991

404, 520
335, 732
68, 788

+5.2
-5.4
-3.0

+25.3
+14.6
+40.8

86
86
85
90

82
83
79
83

82
83
79
81

85
87
77
96

80
82
74
85

76
74
83
83

72
71
75
89

-5.9
-5.7
-3.9
— 11 5

98, 394
24, 642

95, 224
26, 040

90 255
16, 696

88, 569
18, 829

81, 689
17, 657

176
181
207.8
204
98.51

176
181
203.4
204
97.90

177
182
205.2
203
98.16

176
181
205.7
203
97.54

177
182
204.8
202
97.94

176
181
206.2
198
100. 90

175
181
206.7
198
100. 09

+0.6
+0.6
-0.4
-0.5
-0.4

+1.1
0.6
-0.9
+2.0
-2.1

204
213
197
201

204
214
197
201

204
214
197
201

204
214
197
201

204
214
197
201

203
212
198
201

204
213
198
201

0.0
0.0
0.0
0.0

0.0
+0.5
-0.5
0.0

12, 204
9,342
39, 849
6,241

14, 506
6,844
49, 908
4,627

15, 789
10,325
38, 740
6,050

13, 353
8,341
36, 227
6,349

12, 873
9,563
36, 161
6,525

13, 982
10, 523
52, 030
6,978

16, 835
6,214
43, 093
5,586

-3.6
+14,7
-0.2
+2.8

5,191
73, 849

5,070
81, 407

5,866
77, 586

5,195
70, 297

5,743
71, 320

7,192
90, 971

6,605
78, 778

+10.5
+1.5

69, 064
55, 204
190, 146
36, 992

73, 527
67, 510
249, 896
28, 730

82, 681
79, 915
185, 658
36, 690

78, 625
69, 621
185, 328
41, 745

88, 137
66, 318
194, 754
46, 333

90, 914
57, 464
250, 818
43, 787

44, 843
67, 661
463, 911
27, 125
116

54, 962
148, 543
623, 174
43, 328
178

47, 387
132, 383
566, 010
64, 860
211

39, 324
117, 426
532, 069
72, 420
231

49, 537
179, 897
624, 976
57, 941
218

29, 662
2,453

22, 647
1,972

21, 637
2,551

26, 631
3,079

31, 528
5,027

409, 423
88
432, 754
408, 793
981, 327
341, 650
68, 289
10, 261
37.35

414, 166
87
409, 616
388, 317
985, 877
320, 351
59, 384
10, 722
37.00

65, 953
60, 207
18.76

95, 104
23, 309
18.89

1938

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

+11.1
+15.5
-1.3
—4 5

101, 845
22, 194

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1939

PAPER AND PRINTING— Continued
Paperboard Shipping Boxes
Production:
Total..
thous. of sq. ft _
Corrugated
thous. of sq. f t _ _
Solid fiber „
thous. of sq. ft
Operating activity:
Total
per cent of normal
Corrugated
per cent of normal
Solid
fiber
per cent of normal
Rope paper sacks, shipments _.rel. to 1921-22. _
Abrasive paper and cloth:
Domestic sales
reams. _
Foreign sales
reams

2, 811, 243
2, 230, 876
531, 708

3, 426, 934 +21.9
2, 699, 619 +21.0
727, 329 +36.8

6 526, 005
6 111, 247

6 567, 911 +8.0
6 128, 782 +15.8

-23.5
+53.9
-16.1
+16.8

89, 742
50, 327
341, 705
36, 255

95, 052 +5.9
59, 392 +18.0
254, 442 -25.5
35, 823 -1.2

-13.1
-9.5

40, 996
562, 338

32, 773 -20.1
482, 486 -14.2

93, 144
31, 193
221, 345
35, 315

-5.4
+12.1
-4.8 +112. 6
+5.1 -12.0
+11.0 +31.2

538, 769
318, 109
1, 707, 327
231, 345

556, 604 +3.3
451, 407 +41.9
1, 262, 403 —26.1
229, 756
-0.

56, 605
124, 636
624, 224
59, 926
244

50, 380
132, 853
564, 229
38, 360
237

+26.0
+53.2
+17.5
+20.0
-5.6

-1.7
+35.4
+10.8
+51.0
-8.0

337, 932
748, 294
3, 881, 776
294, 617

285, 665 -15.5
756, 817 +1.1
-8.7
' 336^ 063 +14.1

11, 123
1,909

17, 106
1,491

+18.4
+63.3

+84.3
-66.3

192, 155
15, 081

195, 202 -1.6
20, 824 +38.1

404, 679 405, 937
369, 971 393, 932
83
81
96
88
416, 006 435, 223
370, 310 377, 571
406, 470 434, 061
343, 106 379, 217
985, 538 1, 001, 899 1, 090, 126 1, 063, 109
294, 793
323, 985 335, 836
293, 147
57, 275
54, 313
59, 263
62, 094
17, 474
12, 933
9,311
12, 302
37.04
37.27
36.40
36.16

+6.5
-2.4
+2.0
+10.5
+1.7
+0.6
-3.4
+87.7
+0.6

-3.0
-8.0
-13.2
-12.6
-5.8
-12.2
-7.8
+42.0
+3.1

+16.9
-14.8
+0.2

+81.2
-3.4
+10.5

BUILDING CONSTRUCTION AND
HOUSING
Building Costs
Building materials:
Frame house, 6-rm. 1st of mo rel. to 1913
Brick house, 6-rm. 1st of mo.-.rel. to 1913 _.
Bldg. costs, 1st of mo
rel. to 1913..
Bldg costs (A O (7), 1st of mo
rel to 1913
Plumbing fixtures, 6 pieces
dollars
Construction costs (Am. Appraisal):
Frame
rel. to 1913
Brick, wood frame
rel. to 1913
Brick, steel frame
rel to 1913
Reinforced concrete
rel. to 1913
Contracts and Losses
Contracts awarded, (36 States):
Commercial buildings
thous. of sq. ft__
Industrial buildings
thous. of sq. f t _ _
Residential buildings
thous. of sq. ft._
Educational buildings
thous. of sq. ft_.
Other public and semipublic buildings
thous. of sq. it-Grand total
thous. of sq. ft._
Contracts awarded, value (36 States) :
Commercial buildings
thous. of dolls
Industrial buildings
__thous. of dolls
Residential buildings
thous. of dolls
Educational buildings
thous. of dolls
Other public and semipublic buildings
thous. of dolls
Public works and utilities. -thous. of dolls..
Grand total
__ thous. of dolls
Contracts awarded, Canada
thous. of dolls. _
Building volume (A. G. C.)
rel. to 1913. _
Fire losses:
United States and Canada,
(Journal of Commerce) ---thous. of dolls..
Canada (Monetary Times).. thous. of dolls..
LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. m__
392, 771
Operation
per cent of full time
83
Shipments (computed).
M ft. b. m _ _
409, 229
New orders (computed)
M ft. b. m _ _
443, 936
Stocks, end of mo. (computed)-M ft. b. m__ 1, 004, 658
Unfilled orders, end mo. (comp.).M ft. b. m__
365, 611
Exports, lumber
M ft. b m
57, 111
Exports timber
M ft b m
6,255
Price,
flooring
dolls, per M ft. b. m
37.55
Douglas fir:
Exports, lumber
M ft. b m
77, 443
Exports timber
M ft b m
56, 238
Price, No 1 common dolls per M ft. b. m
19.15
Price, flooring, 1 x 4, "B"
and better, V. G.._dolls. per M ft. b. m..
42.26
California redwood:
Production (computed)
M ft. b. m._
43, 797
Shipments (computed)
M ft b m
42, 315
New orders (computed)
M ft. b. m_.
47, 059
Unfilled orders, end of month
(computed)
M ft. b m
37, 898
California white pine:
Production
M ft b m
67, 401
102, 908
Shipments
M ft. b. m
Stocks, end of month
M ft. b. m
4;37, 089
New orders
M ft b m
95, 848
Unfilled orders, end of month. _M ft. b. m__
161. 865
« Cumulative through June 30.




83, 966
51, 571
18.74

98, 179
43, 932
18. 77

85,174
43, 142
16.68

54, 181
45, 471
16.99

42.60

42.95

42.69

42.73

35.15

36.13

+0.1

48, 083
48, 742
49, 507

37, 866
41, 507
38, 776

28, 435
28, 672
35, 657

36, 190
38, 825
38, 022

30, 092
29,615
31, 620

-24.9
-30.9
-8.0

-5.5
-3.2
+12.8

2, 778, 390

2, 755, 445 -11.5
2, 763, 723 -11.6

-6.7

425, 283
110, 290

420, 835 -1.0
71, 110 -35.5

458, 279
342, 256

562, 111 +22.7
332, 240 -2.9

280, 111
267, 780
277, 112

259, 822
259, 487
282, 594

-7.2
-3.1
+2.0

649, 514
687, 097

636, 013
712,910

-2.1
+3.8

610, 824

677, 676 +10.9

+18.3

39, 292
36, 307
43, 363

2, 976, 421
3, 112, 929
3, 127, 643

45, 871

45, 062

40, 257

47, 235

46, 519

48, 910

+17.3

-3.4

87, 238
106, 018
427, 396
101,387
195. 268

127, 672
109, 599
442, 929
105, 597
143. 950

118, 422
98, 779
463,175
105, 832
156. 475

120, 968
97, 302
486,416
88, 208
150. 643

133, 064
107, 019
477, 079
89, 802
183.610

123, 923
105,482
506, 119
96, 433
190. 185

+2.1
-1.5
+5.0
-16.7
-3.7

-2.4
-7.8
-3.9
-8.5
-20.8

34

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

March

April

May

PER CENT INCREASE (+) OR
DECREASE (— )

1938

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

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

1938

1939

6
313,957
6

6361,613 +15.2
« 348, 929 +7.9

LUMBER PRODUCTS-Continued
Softwood Lumber—-Continued
North Carolina pine:
Production (computed)
Shipments (computed)
New orders
Northern pine:
Lumber—
Production
Shipments
New orders
LathProduction _
__
Shipments
Northern hemlock:
Production
Shipments

M ft. b. m__
M ft. b. m
M ft b m

71, 610
67, 543
83, 300

64, 841
57, 029
80, 710

61, 243
65, 954

53, 270
59, 080

M ft. b. m
M ft. b. m
M ft b m

22, 654
40, 159
39, 732

42, 363
44, 043
44, 379

56, 031
47, 541
37, 478

50, 537
44, 197
37, 142

2,938
7,316

7,722
8,003

10,001
9,632

6,818
10, 256

14, 876
9,814

13,112
12, 625

14,488
14, 247

13, 527
16, 262

_ . thousands. _
thousands
M ft. b. m
M ft b m

57, 904
59, 528
59, 360

44, 471
48, 433
43,190

50, 733
44, 825
40,012

51, 756
47, 243
47, 018

52, 384
48,300
41, 820

+0.4
+1.4
+7.7

-3.2
-7.2
-4.3

287, 033
282, 118
268, 767

8,822
10, 083

11, 706
11,151

13, 476
9,734

+29.4
-1.7

-34.5
+3.6

59, 517
56, 630

43,979 -26.1
57, 427 +1.4

18, 426
22, 343

16, 348
18, 920

6 98, 175
6 89, 166

6 89, 682 -8.7
6 75, 823 -15.0

20, 714
20, 267

25, 350 +22.4
25, 617 +26.4

20, 371

25, 523 +25.3

323, 273

268, 190
288, 234
263, 504

-6.6
+1.5
-2.0

Hardwood Lumber
Walnut lumber:
3,422
4,508
2,993
3,724
4, 532
3,839
Production
M ft b m
2,527
3,823
3,699
3,570
3,000
2,742
3,926
4,003
Shipments
M ft. b. m
10, 711
11, 970
12,640
13,530
12, 960
13,116
Stocks, end of month
M ft b m
10, 543
4,104
4,078
4,120
2,627
2,538
3,625
New orders
M ft. b. m
2,731
6,474
6,804
5,088
7,126
7,563
7,636
5,216
Unfilled orders, end of month. _M ft. b. m__
Walnut logs:
3,735
2,951
2,519
2,213
2,899
3,711
2,633
Purchased
M ft. log measure..
Made into lumber and
2,539
3,005
3,241
3,217
2, 670
2,799
2,527
veneer _
M ft. log measure
1,048
1,152
1,897
2,752
2,273
2, 996
Stocks, end of month.__M ft. log measure..
2,253
Northern hardwoods:
42, 865
30, 885
28, 705
29, 755
23, 673
Production
M ft b m
31, 348
28, 498
24, 444
32, 605
23, 818
26, 194
Shipments
M ft. b. m
26, 755
Lower Michigan hardwoods:
5,825
7,049
6,795
5,961
5,438
Production
M ft. b. m
6,732
7,252
5,734
6,683
5,053
Shipments
M ft b m
28, 467
23, 610
27, 443
28,286
20, 605
Stocks end of month
M ft b m
Gum:
464
555
542
489
465
Stocks, total end of month. _mill. ft. b. m__
468
475
332
424
328
318
419
Stocks, unsold end of month.mill. ft. b. m__
318
325
147
124
157
151
136
150
130
Unfilled orders, end of month.mill. ft. b. m__
Oak:
914
974
918
955
1,000
Stocks, total end of month, .mill. ft. b. m__
909
923
854
751
785
739
748
809
Stocks, unsold, end of month. mill. ft. b. m__
747
163
169
146
Unfilled orders, end of month.mill. ft. b. m._
169
176
165
170
All hardwoods:
236
244
315
296
300
311
Production
. _
mill. ft. b. m .
319
341
248
293
278
263
330
285
Shipments
_
mill. ft. b. m__
334
263
262
311
278
New orders
mill. ft. b. m
323
277
2,672
2,638
2,731
2,817
2,670
2,786
Stocks, total, end of month._mill. ft. b. m__
2,681
2,289
2,024
1,982
2,015
2,088
2,225
Stocks, unsold, end of month mill. ft. b. m
2,031
528
648
617
657
643
547
Unfilled orders, end of month.mill. ft. b. m _ _
648
Production, 10 species
M f t b m 2, 127, 346 72,170,685 72,356,602 72,190,749 2, 194, 165 2, 331, 672 2, 204, 457
220, 961 185, 368
200, 790 201, 858 220, 153
211, 952 231, 516
Exports, planks, joists, etc
M ft b m
Retail yards, Minneapolis district14, 111 7 18, 043
17, 591 7 15, 944
6,564
15, 964
Sales
M ft. b. m
11, 076
88, 605
90, 474
88, 839
88, 360
Stocks, end of month
M ft b m
89, 615
88, 646
87, 345
Retail yards, Kansas City district:
6,622
6,682
5,421
6,310
5,200
5,677
7,276
Sales
M ft. b. m
45, 540
47, 564
48, 038
44, 874
48,447
47, 688
46, 611
Stocks end of month
M ft b m

-15.3
-3.5
-2.5
-27.5
-15.2

+51.9
+30.2
-3.6
-3.8
+27.2

-20.5

+12.1

17, 097

19,820 +15.9

-0.7
+0.9

+27.3
-24.1

17, 481

19, 465 +11.3

6 247, 651
e 192, 059

e 217, 139 -12.3
e 167, 230 -12.9

-2.1
-2.2
-2.0

-14.2
-24.1
+18. 5

+3.5
+5.1
+4.1

-2.0
-3.0
+6.7

+3.7 +27.5
1,835
2,168 +18.1
-2.5
+5.7
1,842
2,139 +16.1
0.0
+6.1
1,913
2,176 +13.7
+1.9
-2.0
+2.8
-6.2
-2.1 +17.6
+0.2
-0.5 16, 078, 051 14, 888, 034 -7.4
+9.2 +24.9 1, 393, 925 1, 483, 335 +6.4
-11.5
+0.2

+0.1
+1.7

73,428

74, 531

+1.5

+16.4
-2.3

+11.2
+3.9

38,824

40, 055

+3.2

52,520
55, 123

44, 839 -14.6
46, 042 -16.5

54, 650

45, 853 -16.1

298, 208
319, 579

246, 857 -17.2
261, 828 -18.1

330, 077

248, 672 -24.7

323, 978

389, 123 +20.1

Flooring
Maple flooring:
Production
M ft. b. m
Shipments
-M ft. b. m_.
Stocks, end of month
M ft. b. m
New orders
M ft b m
Unfilled orders, end of month.M ft. b. m__
Oak flooring:
Production...
_
M ft. b. m__
Shipments
M ft. b. m
Stocks, end of month _.
_M ft. b. m__
New orders
M ft b m
Unfilled orders, end of month.M ft. b. m__

6,794
6,141
25, 494
6,604
11, 106

5,759
7,583
24,443
8,616
13,337

5,625
6,848
22, 230
6,336
13,104

5,418
6,420
20,964
3,822
10,600

6,450
7,883
21, 913
6,159
10, 431

7,608
8,686
26, 271
7,867
10,500

7,784
8,311
24, 667
7,466
10, 076

+19.0
+22.8
+4.5
+61.1
-1.6

-17.1
-5.1
-11.2
-17.5
+3.5

28,497
40, 902
80, 603
52, 642
54, 644

36, 578
41,837
75, 744
40, 244
68, 925

41, 353
41, 558
74, 013
33,909
57, 496

36, 722
39, 979
72, 147
34, 479
50, 832

37, 638
37, 002
70, 435
25, 901
43,895

44, 444
49, 475
71, 425
48, 873
49,002

46, 065
47, 832
68, 851
45, 972
49, 912

+2.5
-7.4
-2.4
-24.9
-13.6

-18.3
-22.6
+2.3
-43.7
-12.1

298, 206
275, 775
232, 170
460, 074
585, 652

309, 192
287, 222
260, 160
349, 579
632, 744

371, 162
357, 900
217, 204
222, 746
476, 215

322, 987
258, 041
282, 150
261, 271
477, 349

302, 452
340, 978
217, 547
204, 745
315, 566

393, 224
386, 636
293, 505
221, 896
535, 697

434, 299
431, 800
302, 990
327, 387
470, 617

-6.4
+32.1
-22.9
-21.6
-33.9

-30.4
-21.0
-28.2
-37.5
-32.9

Household furniture and case goods:
64, 527
57, 081
57, 605
Shipments
dolls., average per firm..
38. 713
40, 469
32. 776
Unfilled orders
dolls., average per firm..
6
Cumulative through June 30.

47,831
36. 232

53, 748
64, 573

39, 214
30, 858

43, 462 +12.4
59, 214 +78.2
7 Revised.

+23.7
+9.1

Doors at Wholesale
Fir, manufacturing plants:
Production.
.
. .number..
Shipments.
number..
Stocks, end of month
number
New orders
number
Unfilled orders, end of month
number __
Wooden Furniture




35
TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
July, except where otherwise notedEarlier data for items shown here may
be found on pages 27 to 138 of the
August, 1929, "Survey"

March

April

PER CENT INCREASE (+) OR
DECREASE (— )

1928

June

May

June

July

July,
1929,
from
June,
1929

July

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1928

1929

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

LUMBER PRODUCTS— Continued
Wooden Furniture— Continued
Grand Rapids district:
Unfilled orders, end
of month
No of days' production
New orders
No. of days' production..
Shipments
No. of days' production
Outstanding accounts,
end of month
No. of days' sales _
Cancellations
per cent of new orders
Plant operation
per cent of full time

37
27
24

34
18
19

60
49
23

58
20
22

68
36
24

46
27
17

54
31
22

+17.2
+80.0
+9.1

+25.9
+16.1
+9.1

49
6.0
93.0

42
14.0
94.0

43
4.0
89.0

44
11.0
88.0

46
5.0
90.0

44
10.0
95.0

48
5.0
88.0

+4.5
+54.5
+2.3

-4.2
0.0
+2.3

11, 823
13, 295
20, 509

11, 655
11, 406
14,084

15, 652
15, 906
14, 342

13, 169
12, 778
10, 525

15, 567
14, 113
12, 149

8,218
8,387
8,782

+18.2
+10.4
+15.4

+89.4
+68.3
+38.3

16,904

19, 105

17, 222

14, 120

12, 308

8,156

7,494

-12.8

+64.2

4,722

5,306

5,185

5,702

7,158

7,284

7,251

+25.5

5,428
4,876

5,953
4,067

5,369
3,447

6,135
4,234

3,237
2,713

2,920
2,523

6,053

7,237

8,040

9,724

3,504

3,918

143
451

307
256

220
157

169
181

272
260

164
244

181
249

+60.9
+43.6

187, 881
140, 205
480, 769

224,835
149, 055
565, 598

244, 782
152, 274
662, 636

202,426
200, 814
665, 881

232, 860
232, 154
674, 339

188, 021
254, 432
602,083

229, 342
294, 662
565, 911

+15.0
+15.6
+1.3

732
766
3,278
987

913
1,018
3,465
1,117

907
1,060
3,443
1,124

999
1,051
3,304
1,169

844
876
2,495
950

763
815
2,439
1,046

341, 843
171, 545
76, 364
102, 389
36
11.50

315, 607
153, 168
284, 793
207, 649
19
11.50

325, 208
168, 036
121, 641
144, 271
15
11.50

308, 257
154, 185
154, 021
163, 126
50
11.00

10.13

302, 249
130, 990
219, 522
260, 970
3
13.50

408, 563
208, 202
238, 941
299, 457
11
13.50

-7.9

-25.0

14, 479
9,483
40, 047
46, 980

13,417
12, 193
37, 184
47, 315

8,970
10, 059
35, 045
48,228

9,669
10, 807
31, 234
45, 848

13, 153
11,845
30, 088
37, 947

13,405
19, 257
95, 246
40, 823

12, 976
20, 253
81, 699
48, 261

+36.0
+9.6
-3.7
-17.2

207, 681
256, 249
589, 428
549, 440

205, 870
251, 920
543, 378
544, 899

199, 477
254, 776
488, 079
543, 987

196, 707
7 246, 071
7 438, 715
7 591, 633

244, 351
271, 411
411, 655
582, 414

225, 694
274, 351
466,919
444, 399

184, 783
248, 363
403, 339
460, 360

+24.2
+10.3
-6.2
—1.6

6,162
5,250
2,044
18, 140

6,560
6,177
2,376
18, 604

6,317
6,379
2,446
18, 452

6,287
6,467
2,420
18, 079

6,192
6,604
2,462
13,031

6,452
6,595
2,529
12, 837

9,961
1,172

12, 949
1,472

13, 313
1,487

10, 798
1,178

11, 756
1,183

16, 108
1,558

14, 191
1,385

+8.9
+0.4

-17.2
-14.6

91, 079
8,652

11,4^3
3,945
9,498
14, 256
12, 630

16, 155
4,659
13, 580
14, 236
11, 587

12, 969
5,658
13, 107
10, 561
9,183

17, 578
5,412
13, 757
10, 447
14, 968

16, 061
4,263
12, 266
8,854
14, 739

19, 134
5,120
14, 437
11, 656
11,718

18, 072
6,055
11,772
12, 591
11, 762

-8.6
-21.2
-10.8
-15.2
-1.5

-11.1
-29.6
+4.2
-29.7
+25.3

110, 235
36, 712
76, 239

9,969
47.4
10, 113
29, 724
14, 948
1.650

13, 750
67.1
13, 325
30, 151
15, 472
1.650

16, 151
76.4
16, 706
29, 597
14, 910
1.650

16, 775
80.9
7 18, 942
7 27, 428
13, 573
1.650

17, 216
80.4
20, 273
24, 372
11, 607
1.650

17, 497
90.1
18, 421
25,029
12, 944
1.683

17, 474
97.0
19, 901
22, 580
11, 707
1.683

+2.6
-0.6
+7.0
-11.1
-14.5
0.0

-1.5
-17.1
+1.9
+7.9
-0.9
-2.0

94, 535

92, 264

-2.4

93,854

90, 514

-3.6

23, 704
17, 518

16,421
10, 410

18, 022
11, 344

15, 446
8,997

13, 123
6,984

+9.8
+9.0

+37.3
+62.4

92, 859
60, 413

91, 503
62, 191

-1.5
+2.9

10, 309
335
7,900

15,552
520
8,359

16,445
693
8,494

18, 802
661
9,494

8,828
483
9,497

+5.7
+33.3
+1.6

+86.3
+43.5
-10.6

81, 263
3,341
61,384

83,531
2,840
55, 639

+2.8
-15.0
-9.4

Plywood and Veneer
Douglas-fir plywood:
Production
thous. of sq. ft. of surface-Shipments
thous. of sq. ft. of surface-New orders (sales) -thous.of sq.ft. of surface. _
Unfilled orders,
end of month.thous. of sq. ft. of surface-Stocks, end of
month
thous. of sq. ft. of surface-Other plywood:
New orders
thous. of sq. ft. of surface..
Shipments.
thous. of sq. ft. of surface-Unfilled orders,
end of month.thous. of sq. ft. of surface..
Rotary-cut veneer:
Receipts
number of carloads. _
Purchases
number of carloads
Bushel baskets:
Production
dozens
Shipments
dozens .
Stocks, end of month-.
.dozens..

-1.3
« 16, 665
16, 567

6 31, 650 +89.1
6 24, 647 +48.8

+50.3
+4.4

951
1,327

1,426 +49.9
1,732 +30.5

+1.5
-21.2
+19.2

1, 398, 668
1, 343, 000

6

1, 362, 455
1, 069, 759

-2.6
-20.3

STONE, CLAY, AND GLASS PRODUCTS
Clay Products
Face brick, averages per plant:
Production
thousands _
Shipments
.'_
thousands. _
Stocks, end of month. _ _
thousands
Unfilled orders, end of month. .thousands. _
Common brick:
Stocks, end of monthBurned
thousands
Unburned
.thousands _
Shipments .
thousands..
Unfilled orders, end of month. .thousands..
Plants closed down
number. _
Price, red, New York
dolls, per thous. .
Porcelain plumbing fixtures:
Net new orders
pieces..
Shipments
pieces..
Unfilled orders, end of month
.pieces
Stocks, end of month
pieces. _
Vitreous china plumbing fixtures:
New orders
.pieces..
Shipments
pieces..
Unfilled orders, end of month.
pieces. _
Stocks, end of month
pieces..
Floor and wall tile:
Production
...thous. of sq. ft_.
Shipments, quantity
thous. of sq. ft__
Shipments, value
thous. of dolls
Stocks, end of month
thous. of sq. ft__
Terra cotta, new orders:
Quantity
.net tons
Value
thous. of dolls
Sand-lime brick:
Production
thousands
Shipments by rail
thousands
- Shipments by trucks
. _ .thousands..
Stocks, end of month
thousands. .
Unfilled orders, end of month.. thousands..
Portland Cement
Production
thous. of bbls
Operation
per ct. of capacity..
Shipments .
thous. of bbls
Stocks, end of month
thous. of bbls..
Stocks, clinker, end of month... thous. of bbls__
Wholesale prices, composite
dolls, per bbl__

Highways
Concrete pavements, new contracts:
Total
thous. of sq. yds
6,000
16, 654
Road
-thous. of sq. yds
2,826
12, 315
Federal-aid highways:
Completed—
Cost
__ -thous. of dolls .
4,570
7,410
Distance
miles
151
211
Under construction, end of month __ miles. .
7,665
7,707
6

Cumulative through June 30.


7

* Revisec1.

83,910
8 4, 104

6 4, 854 +24.1
«4,816 +17.3

8 1, 167, 831

e 827, 280 -29.2

+1.4
-41.5
-63.2
-21.4

186, 954
109, 293

84, 634 -54.7
75, 182 -31.2

+32.2
+9.3
+2.1
+26.5

2, 006, 076
1, 924, 861

e 31, 884
e 31, 825
6 12, 047

1,816,793
1, 794, 764

-9.4
-6.8

8 36, 644 +14.9
6 32, 945 +3.5
« 12, 656 +5.1
80, 103
8,778

-12.1
+1.5

92, 176 -16.4
28, 266 -23.0
74, 358 -2.5

36
TREND OF BUSINESS MOVEMENTS—Continued

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

March

April

PER CENT INCREASE (+) OR
DECREASE (— )

1928

1929

June

May

July

July,
1929,
from
June,
1929

July

June

Julv,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

Perct.
increase
or decrease

1928

cumulative
1929
from
1928

1929

STONE, CLAY, AND GLASS PRODUCTS— Continued
Plate Glass
Production, polished

thous. of sq. ft

13, 144

12, 555

12, 782

12, 278

13, 037

11, 354

9,966

+6.2

+30. 8

74, 227

86, 531 +16.6

2,574
78.8
2,562
2,530
6, 595
10, 518

2,519
79.1
2,408
2,546
6,588
10, 214

2,683
79.1
2,584
2, 657
6,601
9,859

2, 561
81.5
2,023
2,679
6,500
9,278

2,396
73.3!
2, 224
2,507
6,388:
8, 824

2,589
86.7
2,225
2,552
6,220
9,642

2,374
77.2
2, 008
2,311
6,267
9,166

-6.4
-10.1
+9.9
-7.4
— 1.7
-4.9

+0.9
-5.1
+10.8
+8.5
+1.9
-3.7

16, 934

17, 361

+2.5

17,016
16, 800

17, 687
17, 493

+3.9
+4.!

3,256
42.9
46.8
41.8

3,285
42.9
45.3
44.9

3,884
46.8
48.1
42.2

3, 239
46.3
44.6
45.1

1, 818
18.7
40.1
35.3

3, 365
44.2
41.6
42.6

1,748
22.3
40.2
26.8

-43.9
49.6
-10.1
-21.7

+4.0
-16. 1
-0.2
+31. 7

20, 482

22, 406

+9.4

1.1
5.5

1.1
5.3

1.4
5.8

1.6
G.O

1.5
5.4

1.3
4.4

1.6
4.6

-6.2
-10.0

-6. 2
+17.4

Glass Containers
Actual production:
Quantity
Relation to capacity
New orders
_
Shipments
Stock end of month
Unfilled orders end of month

gross
per cent
gross..
gross
gross
gross

illuminating Glassware
Production:
Total
.number of turns _
Ratio to capacity
per ct of capacity
New orders
per ct of capacity
Shipments
per ct. of capacity..
Unfilled orders, end
of month
number of weeks' supply
Stocks, end mo
number of weeks' supply
CHEMICALS AND OILS
Chemicals
Sulphur production (quarterly)
long tons
2 539, 832
Sulphuric acid:
Exports
thous of Ibs
634, 959
704, 726
Price wholesale
dolls per 100 Ibs
.78
.78
Nitrate of soda:
Imports
long tons
119, 620
101, 297
Production in Chile
metric tons..
272, 200
279, 100
Potash salts:
Imports, (commercial)
long tons
21, 299
22, 116
Production in France
(K20 content)
metric tons
38, 990
39, 693
Sales in Germany
(K2O content)
metric tons
107, 588
233, 000
Superphosphate, (acid phosphate):
Production
..
.
.short tons _
282, 504
286, 897
Stocks end of month
short tons
1, 558, 588 831, 841
Shipments
_ _
.short tons _
414, 243 468, 200
Fertilizer:
Exports
. _
long tons _
165, 551 136, 937
Consumption, Southern States-short tons__ 2, 118, 688 1, 242, 330
Dyes and dyestuffs, exports:
Vegetable
thous. of lbs._
157
160
Coal tar
thous. of lbs__
2,305
26
Arsenic
Crude:
Production
short tons
Stocks end of month
short tons
Refined:
Production
short tons
Stocks end of month
short tons
Price index numbers:
Crude drugs
rel to Aug , 1914
Essential oils
rel. to Aug., 1914__
Drugs and Pharmaceuticals
rel. to Aug., 1914. _
Chemicals
rel. to 1913-14
Oils and fats
rel to 1913-14

2

6

926, 910 6 1, 192, 567 +28.7

+20. 9

+24.1

506, 758
.78

732, 598
.78

773. 624
'.78

-26.9
0.0

-34.5
0.0

4, 731, 568

3, 882, 832 -17.9

64, 733
252, 600

40, 501
272, 300

76, 135
252, 300

28, 150
264, 300

-37.4
+7.8

+43.9
+3.0

741, 596
1, 767, 300

683, 798
1, 882, 800

-7.8
+6.5

9,895

37, 126

14, 525

38, 461 +275. 2

-3.5

168, 345

-7.4

2 652, 735

287, 308
.78

693, 027
.78

127, 645
276, 600
24, 696

526, 009

37, 242

39, 700

34, 000

30, 260

77, 326

97, 723

99, 948

181, 770
6 194, 618

102, 608

6

6 235, 530 +21.0

802, 978

6 825, 049

+2.7

2, 131, 636

-4.9
-0.1

294, 115 7 294, 121
302, 434 305, 808
276, 462
822, 659 7 967, 766 1, 208, 206 1, 025, 612 7 1, 234, 006
62, 965
60, 343 7 64, 378
55, 459
116, 580

+1.1
+24.8
+13.5

+4.0
-2.3
2 2

2, 241, 817
1, 419, 632

1, 418, 909

114, 655
219, 763

140, 090
99, 407

123, 515
20, 047

111, 581
45, 776

98, 803
7 19, 101

-11.8
-79.8

+25.0
+5.0

761, 194
5, 038, 344

881, 007 +15.7
4, 968, 324 -1.4

202
27

264
21

126
3,180

272
1,726

254
8,340

-52.3

-50.4
-61.9

1,987
20, 050

1,189 -40.2
5,646 -71.8

41.1
— 7. 5

+4.3
-5.1

9,245

10, 871 +17.6

-11.5 +11.5
-10.9 +110. 8

5,025

6,102 +21.4

1,307
2,418

1 382
2, 451

1,888
2,073

2, 452
2,161

1, 444
1,998

1,703
2,099

1,385
2,105

945
3, 458

836
3,316

779
3,236

917
3, 709

812
3, 305

732
1,916

728
1,568

194
206

187
205

187
193

184
190

183
191

199
166

197
162

-0.5
+0 5

—7. 1
+17 9

164
113
127

164
113
123

163
113
118

163
113
116

173
113
117

169
113
123

168
113
123 |

+6 1
0.0
+0. 9

+3.0
0.0
-4.9

12, 446
751

7 11, 718
733

10, 534
774

9,390
720

-10.1
+5.6

+10.1
+74.7

78, 899
6,164

81, 529 +3.3
6,793 +10.2

12, 335
723

7 11, 548
668

10, 917
761 i

10, 223
887

13, 532
882 \ +13! 9

-19.3
-13.7

83, 950
5,914

80, 881 -3.7
6,672 +12.8

1,828
109
13
4.50

7 1, 724
119

1,206
156
120 1
4.50

15, 128
2,848
215
3.50

11 411 -30. 0
2,333 ! +31.
1,792
6.0
3.50

-89.4
-93.3
-93.3
+28.6

9,503

208 -97.8

4, 389, 445
247, 169

4, 828, 883 +10.0
283, 071 +14.5

+71.7
+17.4
396, 814
+75.6
7 Revised.

323, 710 -18.4

Wood Chemicals
Acetate of lime:
ProductionUnited States
thous of Ibs
12, 082
11, 796
Canada
_ thous. of Ibs
1, 032
1,150
ShipmentsUnited States
__
thous. of Ibs
711,882
11, 986
Canada
thous. of Ibs _
1, 165
1,066
Stocks, end of month —
United States
thous of Ibs
7 1, 601
1,930
Canada
thous of Ibs
172
96
Exports
thous. of Ibs
17
Price wholesale
dolls per cwt
4.50
4.50
Methanol, crude:
Production—
United States _ .
gallons
714, 266
732, 204
Canada
gallons
51, 303
42, 183
Stocks at crude plants, end of monthUnited States
gallons
272, 393
185, 123
Canada
gallons
30, 003
16, 597
Stocks at refineries and in transitUnited States
gallons
147, 531 7 172, 755
Canada
gallons
59, 623
66, 218
Exports
gallons..
28. 478 i
57. 134
8
Quarter ending in month indicated.




4.50

9,570
443

730, 785 7 665, 557
28, 441
32, 614

624, 633
29, 538

528, 029
27, 741

544, 693 !
14,885

-6.
+3.9

+14.7
+98.9

228, 965 7 226, 207
14, 322
13, 983

234, 520
20, 863 |

295, 455
34, 950

327, 028 ! +3."
38, 485 +49 2

28 3
—45.8

262, 082
65, 965
44. 602

475, 698 ! 558, 483
277, 077 +71 5
277, 376
78, 120
66, 518 +16.8
73, 955
66, 870
54, 535 +476.4
95. 755
66. 785
16. 613
«Cumulative through June 30.

37
TREND OF BUSINESS MOVEMENTS—Continued
1929

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

PER CENT INCREASE (+) OR
DECREASE (— )

1928

July,
March

April

M#y

June

July

June

July

July,

from
June,

from
July,

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1929,

1929

1929,
1938

1939

1928

Perct.

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

CHEMICALS AND OILS- Continued
Wood Chemicals— Continued
Wood at chemical plants:
ConsumptionUnited States
Canada.
_.
Stocks, end of month —
United States
Canada
Daily capacityTotal. -_
Shutdown
Methanol, refined:
ProductionUnited States...
Canada
Stocks, end of monthUnited States
Canada
ShipmentsUnited States
Canada
_
Price, wholesale, N. Y.

.

.

cords.
.cords..

73, 073
6,289

73, 084
6,244

76, 382
3,831

770,729
3,539

67, 165
3,587

58, 959
3,498

56, 187
1,938

-5.0
-fl.4

+19.5
+85.1

cords..
cords. _

456, 035
73, 976

487, 881
73, 496

524, 567
73, 095

7 529, 684
73,100

519, 857
73, 100

505, 329
73,900

507, 227
73, 699

-1.9
0.0

+2.5
-0.8

cords-.
cords..

3,336
404

3,336
463

3,336
417

3,326
441

3,276
548

3,486
697

3,470
807

4-24.3

-1.5

-5.6
-32.1

gallons..
gallons

494, 435
47, 500

502, 010
35, 300

423, 244
49, 700

423, 811
36, 900

259, 118
10,400

603, 247
6,200

541, 113
10, 800

-38.9
-71.8

-52.1
-3.7

.gallons..
gallons..

681, 815
36, 149

695, 180
48, 226

716, 762
43, 474

759, 740
51, 787

712, 752
31, 185

541, 083
45, 733

444, 496
39, 210

-6.2
-39.8

+60.4

gallons..
gallons..
dolls, per gaL.

518, 906
43, 885
.58

568, 118
14, 576
.58

472, 360
45, 274
.58

449, 245
11, 650
.58

365, 438
21, 403
.58

596, 502
11, 462
.46

667, 549
12, 672
.47

-18.7
4-83. 7
0.0

+68.9
+23.4

Production
thous. of gals._
Withdrawn for denaturization. __thous. of gals..
Warehouse stocks, end of month_thous. of gals.

14, 858
13, 090
10, 424

14, 709
12,003
11, 723

15, 216
13,812
12, 341

13,036
16, 336
6,646

16, 618
14, 927
7, 351

34, 485
33, 168
32, 543
20, 366

36, 077
36, 458
34, 786
20, 119

37, 235
39, 474
37, 199
17, 989

34, 383
35, 032
34, 202
17, 225

35, 756
36,811
35, 499
16, 964

32, 625
32, 816
31,305
16, 732

30,084
29,561
27, 993
17, 158

8,440
48, 396
.58

31,610
52, 687
.54

43, 722
53, 536
.54

48, 658
57, 728
.52

54, 872
65, 570
.52

48, 111
61, 336
.57

37, 733
100, 722
7.86

100, 454
108, 335
7.41

137, 384
120, 665
7.58

154, 168
123, 505
7.88

181, 433
169,420
8.51

37, 361
128, 665

36,150
124, 192

37, 708
115, 870

36, 123
113, 449

7,059
6,773

6,917
5,356

6,855
4,503

235, 445
888, 915

212, 720
895, 099

tons..
tons..

28,153
3,102

thous. of lbs_.
thous. of Ibs..
short tons

443, 805
30, 921

500, 290 +12.7
34,944 +13.0

3, 498, 781
225, 350

3, 046, 919 -12.9
287, 300 +27.5

-45.3

3, 528, 054
143, 784

3, 347, 312 -5.1
218, 040 +51.6

4-4.0
+5.1
4-3.8
-1.5

+18.9

+24.5
+26.8

219, 215
221, 151
210, 903

246, 924 +12.6
250, 841 +13.4
242, 568 +15.0

46, 637
69, 245
.55

+12.8
+13.6
0.0

+17.7

173, 233

200, 235 +15.6

148, 041
165, 604
9.10

148, 250
178, 225
9.71

+17.7

+37.2

+22.4
-4.9
-12.4

579, 766

685, 659 +18. 3

+8.0

37, 844
104, 492

36, 054
108, 200

37, 016
112, 703

+4.8
-7.9

+2.2
-7.3

241, 077

256, 103

+6.2

6,505
4,778

6,718
4,628

5,700
8,510

6,304
7,786

+3.3
-3.1

+6.6
40.6

42, 469

47,837

+12.6

219, 304
878, 784

215,153
873, 358

235, 892
882,037

191, 947
829, 507

238, 767
824, 671

+9.6
+1.0

-1.2
+7.0

1, 615, 843

1, 561, 917

-3.3

30, 177
2,907

31, 402
2,138

29, 981
3,077

26, 339
2,846

28,476
2,153

25, 810
2,798

-12.1
-7.5

+2.0
+1.7

175, 674

190, 156

+8.2

2,608
85, 328
31, 587

1,575
106, 331
29, 868

1,816
129, 285
34,728

1,428
91, 375
23,828

541
73, 157
21, 693

1,652
59, 951
20, 488

1,145
53, 379
24, 407

-62.1
-19.9
-9.0

-52.8
+37.1
-11.1 1

37, 161
401, 391
127, 623

14, 489 -61.0
639, 862 +59.4
187, 378 +46.8

-27.3

-20.5

Ethyl Alcohol

Explosives
(Black powder, permissible, and other high
explosives)
Production
thous. of Ibs
Shipments
_
.thous. of lbs._
New orders
__
thous. oflbs,.
Stocks, end of month
thous. of Ibs. _

-1.1

Naval Stores
Turpentine, (gum):
Net receipts, southern ports
barrels,.
Stocks at port, end of month
barrels..
Price, southern, New York.. dolls, per gal__
Rosin, (gum):
Net receipts, southern ports
barrels, _
Stocks at 3 ports, end of month barrels..
Price, B, New York
dolls, per bbl_
Rosin, (wood):
Production
.barrels..
Stocks, end of month
..barrels..
Turpentine, (wood):
Production
.barrels..
Stocks, end of month
barrels..
Pine oil:
Production
gallons..
Stocks, end of month
gallons..
Roofing
Roofing, felt:
Production, dry felt
Stocks, end of month, dry felt

-1.1

Fats and Oils
Total vegetable oils and copra:
Exports
Imports
_
Copra, imports
_.
Copra or coconut oil:
Imports
Consumption in
oleomargarine
Oleomargarine:
Production
Consumption.
Animal glues, shipments

thous. of lbs_.

30,842

30, 319

49, 260

32, 571

23, 669

12, 671

19, 629

+20.6 j

146, 399

237,089 +61.9

thous. of lbs_.

15, 587

14, 932

14,603

12, 029

12, 658

11, 791

10,642

+5.2

+18.9

86, 911

100, 485 +15.6

thous. of lbs_.
thous. oflbs..
thous. of lbs_.

29,718
28,260
6,826

28,704
27, 067
7,259

28,357
29, 008
7,225

24,276
23, 379
6,246

24, 873
24, 972
6,376

23,738
23, 926
5,88*7

21,444
20, 490
6,621

+6.4
+6.8
+2.1

+16.0 1
+21.9
-3.7 I

174, 334
172,080
45, 594

194, 345 +11.5
193, 246 +12.3
46, 476 +1.9

40, 308
236, 246
191, 048

22, 007
112, 421
100, 634

26, 041
63, 274
63, 401

29,377
51, 438
41, 340

18, 772
38, 955
30, 266

24,936
33, 230
21, 972

+12.8
-18.7
-34.8

+17.8
+54.8
+88.1

653, 525
1, 644, 506

805, 556 +23.3
2,090,320 +27.1

80, 474
80, 863

39, 688
51, 284

21, 552
30, 079

18, 558
19, 094

13,500
34, 559

11, 257
20, 351

-13.9
-36.5

+64.9
-6.2

539, 946

683,096 +26.5

101, 475
570, 889

60, 581
512, 118

40, 795
431, 100
2 303, 688

27, 680
338, 320

22, 274
415, 047
2 245, 123

25, 930
335,993

-32.1
-21.5
0.0

+6.7
+0.7
+23.9

.096

.096

.102

.101

0.0

-5.0

2,124

2,051

2,106

Cottonseed
Cottonseed:
Receipts at mills
_
short tons
106, 052
Consumption, (crush)
short tons
364, 816
Stocks at mills, end of month, .short tons.. 386, 986
Cottonseed oil. crude:
Production
thous. of Ibs.. 119, 825
Stocks, end of month
thous. oflbs.. 106, 955
Cottonseed oil, refined:
Production
thous. of Ibs.. 126, 859
Stocks, end of month
thous. of Ibs.. 584, 978
Factory consumption, (qtly.) .thous. oflbs,. 2 303, 618
Price, yellow, prime,
New York
.dolls, per lb__
.106
Consumption in

oleomargarine
thous. of lbs._
2,387
http://fraser.stlouisfed.org/
» Quarter ending in mont h indicatec1.
Federal Reserve Bank of St. Louis

.102

.097

2,362

2,518

•Cumiilative thr ;mgh June 30.

1,867

-3.4

730, 947 +21.5

601, 545
e 548, 601

+9.9
14, 611
•Ilevised.

6

607, 306 +10.7

16, 039

+9.8

38

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

March

June

July

July,
1929,
from
June,
1929

July

April

May

June

167, 225
239, 050
23,790

107, 296
225, 362
6,675

50, 278
191, 983
6,151

28, 423
142, 014
4,777

369
351
603
2,737

270
219
478
3,911

313
101
578
2,518

492
271
764
2,366

381
340
360
1,293

632
392
764
1,664

13

7

33

84

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

PER CENT INCREASE (+) OR
DECREASE (— )

1928

July,
1929,
from
July,
1928

1938

1939

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

CHEMICALS AND OILS— Continued
Cotton seed— C ontinued
Cottonseed cake and meal:
Production ._ __
Stocks end of month
Exports

short tons. _
short tons
short tons

25, 971
80, 914
11, 969

19, 847
45, 241
143

757, 115

952, 659 +25.8

106, 784

14, 065
-8.6 +84.6
32, 648 -43.0 +147. 8
71 +150.6

114, 508

+7.2

Flaxseed
Production, crop estimate
thous. of bushs
Minneapolis and Duluth:
Receipts
thous. of bushs. _
Shipments
thous. of bushs
Stocks end of month
thous of bushs
Imports._
thous. of bushs. _
Mill receipts at DuluthSuperior _
_
thous. of bushs. _
Oil mills, (quarterly):
Consumption
thous. of bushs
Stocks, end of quarter . thous. of bushs
Linseed oil:
Shipments from Minneapolis.thous. of lbs._
Price New York
dolls per Ib
Linseed cake and meal:
Shipments from Minneapolis.thous. of lbs__
Exports..
thous. of Ibs

« 18, 690

* 17, 979

2

+55.5
+25.0
-12.4
-12.9

3,757
3,529

2,540 -32.4
1,964 -44.3

11, 138

16, 765 +50.5

50

76 +154. 5

+10.5

397

2 9, 608
23,034

a 9, 816
2 3, 593

10, 723
2 4, 544

-22.6
+25. 5
-52.9
-45.4

-8.5
-20.9

+2.2
+18.4

6 21, 479

6 20, 539

-4.4
-2.8

,245
272
411
1,484

240 -39.5

14, 602
.102

14, 237
.101

18,005
.102

15, 205
.105

14, 381
.120

17, 196
.103

14, 229
.100

-5.4
+14.3

+1.1
+20.0

105, 411

102, 426

19, 427
38, 874

16, 917
36,028

12, 067
32, 501

7,632
30, 065

12, 215
40, 428

11, 421
45, 135

10, 057
47, 258

+60.0
+34.5

+21.5
-14.5

144, 849
327, 891

116, 148 -19.8
222, 872 -32.0

117, 079
167, 837

97, 962
142, 168

94, 060
118, 249

142, 855
103, 315

40, 480
99, 228

55, 362
72, 891

+51.2 +158. 0
-12.6
+41.7

+29.7
+26.9 i
+63.5

204, 326
132, 502

234, 416 +14.7
149, 358 +12.7

+90.4 +109.3 1
+54.0 +92.2

27,677
56, 827

39, 038 +41. 0
74, 676 +31.4

FOODSTUFFS
Wheat
Visible supply, end of month:
125, 351
United States
thous of bushs
181, 676
Canada
thous. of bushs
Production, crop estimate:
Winter wheat
thous of bushs
Spring wheat
thous. of bushs
Total wheat
thous of bushs
27, 220
Receipts, principal markets... thous. of bushs..
16, 926
Shipments, principal markets.thous. of bushs..
Stocks, millers', end of quarter.thous. of bushs__ 2 107, 215
Exports:
United States3,487
Wheat only
thous. of bushs__
9,153
Including wheat flour.thous. of bushs..
Canada—
Including wheat flour.thous of bushs..
27, 566
Prices:
No. 1, Northern Spring,
1.25
Minneapolis
dolls per bush
No. 2 Red Winter,
1.35
. St. Louis
dolls. perbush__
No. 2 Hard Winter,
1.16
Kansas City
dolls, per bush

a 568, 233
« 205, 652
3 773. 885
25, 694
94, 158
18, 644
42, 577
275,355

4 578, 133
* 324, 058
4 902, 191
15, 544
72, 618 +266. 5
14, 840
33, 543 +128. 4
-29.7
2 46, 083

17, 472
15, 697

18, 637
23, 560

3,942
8,930

11, 741
15, 941

4,564
8,814

8,691
13, 575

5,006
8,093

4,153
7,064

10, 554

31, 155

29, 796

20, 538

25, 182

35, 944

-31.1

-42.9

1.20

1.11

1.15

1.43

1.48

1.38

+24 3

+3 6

1.25

1.17

1.21

1.39

1.79

1.47

+14.9

-5.4

1.10

1.01

1.05

1.25

1.47

1.20

+19.0

+4.2

42, 004
7,455

39, 475
7,339

42, 738
7,998

7 40, 833
7,029

42, 876

36, 083
6,304

39, 552
6,769

+5.0

+8.4

9,207
10, 360
1,631
725, 848
54
9,101

8,636
9,938
1,606
683, 046
51
8,530

9,334
9,333
7 8, 912
10, 680
9,838
1,749
1,548 "
742, 133 7711,357 745, 488
55
55
54
9,847
8,494

7,758
8,854
1,359
645, 048
45
7
8, 268

8,516
9,409
1,458
697, 371
51
7,762

+4.7

+9.6

+4.8
+1.9

+6.9
+7.8

7,400
2 4, 356

7,700

7,600

8,000
2
3, 826

6,200
23,634

7,847

1,259
1,413

1,108
720

933
907

944
935

1,085
782

686
716

647
782

6.67

6.41

6.12

6.38

7.69

7.95

5.72

5.58

5.21

5.26

6.32

7.18

170, 766

164, 350

-3.8

285, 353
• 40, 964

294, 985
6 44, 901

+3.4
49.6

Wheat Flour
Grindings of wheat:
United States
.thous. of bushs..
Canada
thous. of bushs
Production:
United States, actual
thous. oi bbls..
United States prorated
thous of bbls
Canada
thous. of bbls
Grain offal, production .
thous. of Ibs. .
Capacity operated, flour mills
per cent..
Consumption (computed)
thous of bbls
Stocks, all positions, end of
month (computed)
thous of bbls
Stocks, millers', end of quar"ter..thous. of bbls._
Exports:
United States
thous. of bbls..
Canada
thous. of bbls..
Wholesale prices:
Standard patents, Minn
dolls, per bbl._
Winter, straights,
Kansas City
dolls per bbl

-12.2

+67.7
0.0

7.36

+20.5
+20 2

6 53, 893

6 54, 187

+0.5

+4.5

6.44

64, 462 +4.8
6 61, 644 +3.0
e 9, 832 +10.8
5, 117, 351 +1.4

61, 482
6 59, 822
6 8, 874
5, 046, 660

+5.3

+14.9
-16. 4

i

19

6,478
5,669

7,918 +22.2
6,688 +18.0

Corn
Production, crop estimate
thous. of bushs..
Exports, including meal__
thous. of bushs..
Visible supply, end of month. .thous. of bushs..
Receipts, principal markets.. .thous. of bushs..
Shipments, prin. markets
thous. of bushs..
Grindings, (starch, glucose)— .thous. of bushs __
Price. No. 2. Chicago
dolls, per bush..
2
Quarter ending in month indicated,
s As of Aug. 1.




5,"021
37, 100
21, 562
13, 461
7,085
.95

2~566
30, 991
16, 433
17, 677
6,044
.91
4 Final

I'OSO
981
13,932
15, 571
20,644
11, 420
15, 160
16, 276
6,697
6,338
.92
.86
estimate for 1928.

32, 740, 514
850
9,493
21, 205
15, 644
6,558
1.00
5

*2, 835, 678
891 "-13.1 ~"-4."6
1~045
12, 479 -31.9 -23.9
17, 451
+2.7 -10.7
23, 742
18,771
+3.2
-2.7
20, 221
16, 080
5,833
-2.1 +12.4
6,428
+8.7
-7.4
1.08
1.03
Cumulative through June 30.

15~932

§6,~906 "+94."6

206, 966
145, 262
53, 380

160, 369 -22.5
112, 007 -22.9
49, 805 -6.7

7

Revised.

39
TREND OF BUSINESS MOVEMENTS—Continued
1939

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

March

April

PER CENT INCREASE (+) OR
DECREASE (— )

1938

May

July

June

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1939

Perct.
increase
(

}

or"t
decrease
(-)
cumulative
1929
from
1928

FOODSTUFFS— Continued
Oats
3

Production crop estimate
thoiis of bushs
Receipts, principal markets... thous. of bushs. _
Visible supply, end of month.. thous. of bushs..
Exports, including meal _ thous of bushs
Price, contract grades, Chi
dolls, per bush..
Grindings Canada
thous of bushs
Production, oatmeal and rolled
oats, Canada
thous. of Ibs

1, 202 895
10, 123
8,129
255
.48

4

7,144
3,392
78
.71
-> 753

1 448 677
6,610
1,954
104
.61
723

9,974

9,320

8,535
14,071
513
.52
925

9,494
12, 204
358
.50
776

10, 432
10, 063
513
.46
900

8,486
8,114
254
.47
895

12, 133

8,987

10, 728

11, 360

3,891
8,459
2,209

3,450
6,849
1,862

3,264
6,022
1,268

3,338
5,731
2,783

3 304, 381
4,849
5,518
4,120

2,652
711
1,910

356, 667
2,217
685
2,242

.59

.55

.55

.53

.65

.96

.83

914
6,725
97
1.08

1~064
6,632
32
1.00

1~464
6,325
368
.90

870
6,422
295
.89

3 41, 028
880 "
6,447
106
1.05

16,992

13, 741

19, 140

13, 127

18, 907

12, 423

439, 439

429, 389

231, 893

191, 944

3 34, 810
125, 737

129, 752

650, 414
130, 369
865, 117
261, 377
2,984

515, 342
531, 073
115,399
113, 969
485, 177 1,067,092
231, 401
291, 287
14, 815
6,556

76, 733

66, 551

-13.3

2,446

+19.3 +53.1
+0.2 +316. 0
+0.4 +145. 2
+2.1 -21.3

3,047

+24.6

6

5, 245

-0.9

8 64, 505

« 64, 874

+0.6

26, 527

27, 722

+4.5

10, 234

17, 763 +73.6

8,~920

7~356 ~-l7.~5

6,493

1,221 -81.2

+80.1

87, 923

127, 613 +45.1

3, 718, 775

2, 631, 176

285, 155 -20.8 +80.7
35, 274 -12.6 +223. 1
829, 608
43.9 -41.5
189, 472 -11.5 +22.1
+119. 7 -79.3
31,688

5, 546, 845
1, 112, 779

5,181.521 -6.6
886, 457 -20.3

2, 334, 680
259, 245

2, 516, 666
170, 644

65,292

Barley
Production crop estimate
thous of bushs
Receipts, principal markets.. .thous. of bushs__
Visible supply, end of month ..thous. of bushs..
Exports __
thous. of bushs..
Price, fair to good, malting,
Chicago
dolls per bush

Rye
Production, crop estimate
thous. of bushs..
Receipts, principal markets... thous. of bushs__
Visible supply, end of month.. thous. of bushs..
Exports, including flour thous. of bushs..
Price No 2 Chicago
dolls per bush

4

4

781
1,465
1,297
1.26

+45.3 +118. 7
-3.7
+48.0 +83.8
+22.6

-21.7

41, 676
571 ~"+l.~I ~~+54.~l
+0.4 +462. 6
1,146
195 -64.1 -45.6
1.13 +18.0
—7. 1

Total Grains
Total grain exports, incl. flour.thous. of bushs__

10, 496

+44.0

41, 881
16,892

-34.5

Rice
Production crop estimate
thous of bushs
Southern paddy, receipts at mills
bbls__
Shipments:
Total from mills .
pockets, (100 Ibs )
New Orleans.
_ pockets, (100 Ibs.)..
Exports
Imports

.

__

714, 677
745,097
766, 365
116, 548
131, 246
125, 528
2, 057, 678 1, 763, 837 1, 311, 568
pockets, (100 Ibs.) _. 428, 450 378, 971 343, 168
21, 356
15, 257
pockets, (100 Ibs.) __
18,647

Other Crops
Apples:
Production crop estimate thous of bushs
Cold-storage holdings,
end of month
thous. of bbls..
Car-lot shipment
carloads. .
Potatoes:
Production crop estimate thous of bushs
Car-lot shipments
carloads. _
Onions, car-lot shipments
carloads. _
Citrus fruits, car-lot shipments
carloads. _
Hay, all tame:
Production crop estimates thous of tons
Hay, receipts
tons..

3

2,718
5,379

1,257
2,918

1,668

-29.2

+7.8
-34.2

4

185, 743
3, 369

+90.1

-43. 5

22, 321

28, 222 +26.4

4

149, 140
1,903

1,001

4

464, 483
20,972
1,652
5,070

-20.4
+38.3
-31.0

-7.7
+42.3
+60.8

155, 435
17, 305
55, 433

144, 385 -7.1
17, 282 -0.1
95, 917 +73. 0

1,040

22, 334
1,497
15, 144

19, 341
4,141
16, 713

19, 683
3,366
15,524

3 372, 812
19, 359
24, 321
2,351
1,700
8,152
11,820

75, 490

57, 993

44, 197

47,445

1,748
646
292
1,080

1,653
680
292
979

1,444
528
176
901

1,659
592
173
1,039

1,558
594
184
963

1,650
608
196
1,013

392, 784
415, 184
1,073

392,816
417, 481
1,293

364, 470
388, 426
1, 496

402, 501
420, 355
2,268

406, 435
418, 874
1,392

375, 745
386, 213
1,510

70, 714

57, 315

* 52, 055

48, 789

32, 238

32, 442

-6.3

+50.4

13.88
.224
.225

13.44
.230
.231

14.38
.234
.238

14.98
.238
.255

13.56
.212
.225

14.99
.229
.249

+4.2
+1.7
+7.1

-0.1
+3.9
+2.4

3,378
1,365
72
2,015

3,545
1,273
73
2,258

3,375
1,300
57
2,083

3,230
1,149
53
2,081

3,257
1,199
38
2,055

3,548
1,299
56
2,269

2,924
1,193
45
1,719

+0.8
+4.4
-28.3
-1.2

+11.4
+0.5
-15.6
+19.5

28, 890
10, 592
462
18, 278

635, 791
551, 810
102, 276

655, 418
559, 351
89, 813

665, 985
622, 890
98, 080

672, 947
582, 512
100, 556

675, 915
602, 958
96, 298

705, 111
598, 492
82, 936

537, 820
560, 122
84,290

+0.4
-4.2

+25.7
+7.6
+14.2

5, 344, 075
4, 241, 376
663,597

921, 961
742, 533

923, 558
738, 810

870, 785
687, 295

7 841, 937
7 642, 238

814, 795 1,129,839 1, 024, 124
819, 185
610, 864
915, 360

-3.2
-4.9

-20.4
-24.5

Cattle and Beef
Cattle movements, primary markets:
1,445
Receipts
thousands
Shipments, total
thousands..
497
162
Shipments, stocker and feeder, thousands ._
923
Local slaughter
. -thousands. .
Beef products:
Production, inspected
thous. of lbs._ 371, 942
Apparent consumption
thous. of lbs_. 389, 622
1,614
Exports
thous. of Ibs
Cold-storage holdings,
81, 607
end of month
thous of Ibs
Prices:
12.84
Cattle, corn-fed, Chicago.dolls. per 100 lbs_.
.211
Steer rounds No 2
dolls per Ib
.217
Western dressed steers, N. Y_dolls. per lb__

1

29, 152
1,200
5,134

3 97, 421
27, 599

43, 622

92, 983
43, 770

-41.8

-36.9

360, 224

398,027

+10.5

+14.9
+12.1
-37.3
+15.3

+0.5
-2.6
-11.7
+2.6

11, 443
4,258
1,518
7,090

10, 775
3,909
1,390
6,766

-5.8
-8.2
-8.4
-4.6

+10.4

+7.1
+8.8
+50.2

2, 703, 143
2, 796, 552
8,171

2, 673, 046

-1.1

+51.6

4

10, 136 +24.0

Hogs and Pork
Hog movements, primary markets:
Receipts
thousands ..
Shipments, total
_ thousands. _
Shipments, stocker and feeder .thousands..
Local slaughter
thousands
Pork products, total:
Production, inspected
thous. of lbs._
Apparent consumption
thous. of lbs._
Exports
- thous, of Ibs..
C old-storage holdings, end of month:
Total
thous of Ibs
Fresh and cured
thous. of lbs._
3 As of Aug. 1.




4

Final estimate for 1928.

« Cumulative through June 30.

7

Revised.

25, 768 -10.8
9,652
-8.9
389 -15.8
16, 092 -12.0
5, 050, 212

-5.5

703, 281

+6.0

40
TREND OF BUSINESS MOVEMENTS—Continued

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

March

April

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

1939

May

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1928

1929

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

FOODSTUFFS— Continued
Hogs and Pork— Continued
Lard, (included in pork products) :
Production _
thous. of Ibs
Exports
thous of Ibs
Cold-storage holdings,
end of month
_thous. of Ibs
Prices:
Hogs, heavy, Chicago dolls, per 100 Ibs
Hams, smoked, Chicago
dolls, per lb__
Lard, prime contract, N. Y... dolls, per lb_.

133, 923
70, 572

137, 953
59, 144

141, 989
64, 192

144, 272
67, 252

64, 274

146, 520
53, 436

108, 522
52, 940

-4.4

179, 428

184, 748

183, 490

* 199, 699

203, 931

214, 479

204, 939

+2.1

-0.5

11.39
.238
.125

11. 46
.248
.122

10. 75
.249
.120

10.66
.254
.123

11.20
.267
.125

10. 12
.215
.122

10.86
.236
.125

+5.1
+5.1
+1.6

+3.1
+13.1
0.0

1,526
699
122
835

2,010
954
211
1,049

2,169
1,074
217
1,101

1,749
740
226
1,020

2,112
876
231
1,216

1,913
904
278
1,020

1,898
828
234
1,088

+20.8
+18.4
+2.2
+19.2

+11.3
+5.8
-1.3
+13.9

12, 248
5,643
1,162
6, 606

40, 888
41, 330
3,109

44, 575
46, 183
2,533

46, 397
46, 694
2,461

42, 012
41, 967
7 3, 061

46, 804
47, 570
2, 633

40, 691
39, 923
1,947

39, 395
39, 449
1,822

+11.4

+18.8
+20.6
+44.5

288, 057
292, 191

304, 585

+5.7

-14.0

8.42
16.19

9.18
16.45

5.91
12.78

5.31
12.75

5.55
13.80

5.88
13.03

5.38
15.18

+4.5
+8.2

+3.2
-9.1

90, 129

88, 314

82, 331

7 81, 132

81, 149

63, 941

63, 610

0.0

+27.6

Production, inspected
_ thous. of Ibs 1, 048, 621 1, 092, 777 1, 105, 198 1, 079, 429 1, 125, 221 1, 152, 237 952, 959
Cold-storage holdings, end mo_.-thous. of lbs__ 1, 096, 806 1,085,119 1, 012, 892 7 978, 185 944, 366 1, 227, 965 1, 121, 998
Apparent consumption.
thous. of lbs._ 982, 762 1, 020, 718 1, 087, 065 1, 012, 905 1, 070, 884 1, 057, 289 985, 784

+4.2
-3.5

+18.1
-15.8
+8.6

8, 335, 273

8, 027, 844

-3.7

+21.4

6 1, 016, 503
448, 931

e 936, 832
481, 290

-7.8
+7.2

Sheep and Lambs
Sheep movement, primary market:
Receipts.
.thousands. .
Shipments, total
thousands
Shipments, stocker and feeder. .thousands. _
Local slaughter
thousands
Lamb and mutton:
Production, inspected
thous. of lbs._
Apparent consumption
thous of Ibs
Cold-storage holdings, end mo-thous. of Ibs. _
Prices:
Sheep, ewes, Chicago dolls, per 100 Ibs
Sheep, lambs, Chicago dolls, per 100 Ibs

12, 985 +6.0
5,863
+3.9
1,310 +12.7
7,100 +7.5

Miscellaneous Meats
Cold-storage holdings, end mo.__thous. of lbs_.
Total Meats
7, 330, 119

Poultry
17, 116
68, 728

16, 846
52, 901

17, 593
41, 643

20, 434
7 42, 001

22, 548
40, 900

18, 849
38, 230

22, 238
40, 395

+10. 3
-2.6

+1.4
+1.3

143, 294

146, 178

+2.0

27, 759
37, 707

29, 042
31, 360

28, 631
30, 119

31, 728
40, 451

43, 185
51, 334

29, 809
40, 946

27, 324
53, 140

+36.1
+26.9

+58.0
-3.4

170, 646

200, 405

+17.4

364, 414
89, 225

109, 690
49, 177

186, 202
90, 775

217, 781
42, 794

367, 842
38, 983

240,311
23, 106

454, 600
26, 333

+68.9
-8.9

-19.1
+48.0

1, 850, 861
480, 620

2, 198, 089 + 18.8
589, 606 +22.7

thous. of Ibs
thous. of lbs__

112,378
46, 186

128, 664
48, 707

226, 180
63, 259

181, 359
69, 511

173, 314
68, 104

178, 618
69, 650

165, 247
65, 145

-4.4
-2.0

+4.9
+4.5

924, 294
363, 102

1, 059, 542 +14.6
382, 249 +5.3

thous of Ibs
thous. of Ibs
dolls, per lb_.

5,532
157, 670
.48

5,883
170, 745
.45

28, 369
203, 760
.44

7 91, 962
192, 045
.44

151,614
241, 232
.42

69, 750
204, 173
.44

120, 437
186, 188
.45

+64.9
+25.6
-4.5

+25.9
+29.6
-6.7

1, 219, 627

1, 259, 975

+3.3

23, 562
12, 261
34. 612
58, 153
5,423
278
726

31, 105
12, 331
39, 886
54, 618
5,553
242
804

41, 083
16, 751
40, 639
61, 097
6,183
204
1,692

48, 854
18, 404
38, 625
7 79, 724
8,608
209
8,403

47, 004
20, 548
36, 607
96, 488
6,653
285
15, 074

64, 141
19, 216
45, 778
68, 613
6,581
180
5,849

56, 653
21, 741
32, 146
89, 708
5,937
172
20, 095

-3.8
+11.6
-5.2
+21.0
-22.7
+36.4
+79.4

-17.0
-5.5
+13.9
+7.6
+12.1
+65.7
-25.0

323, 597
115, 129
268, 917

233, 914
107, 954
267,011

-27.7
-6.2
-0.7

41, 436
1,573
35, 955

45, 398
1,656
28, 913

+9.6
+5.3
-19.6

45, 105
.24

42, 032
.24

47, 641
.23

7 62, 737
.23

78, 267
.23

53, 646
. 26

73, 088
.26

+24.8
0.0

+7.1
-11.5

1,816

2,596

2,331

1,813

1,409

1,763

1,335

-22.3

+5.5

12, 177

11,715

-3.8

559
34, 918

3,952
51, 825

6,705
71, 560

7 8, 510
7 84, 766

8,958
91, 525

10, 002
77, 744

10, 496
81, 670

+5.3
+8.0

-14.7
+12.1

22, 193
18, 262

31, 459
7 25, 803

34, 750
29, 118

31, 087
25, 255

30, 397
20, 794

+10.5
+12.8

+14 3
+40.0

17, 249
6,644
2,689
6.13

'

25, 140
7 9, 296
3, 280
6.13

28, 883
8,934
3,865
.6.13

25, 081
13, 368
3,054
5.83

23, 594
8,611
3,011
5.97

+14.9
-3.9
+17.8
0.0

+22.4
+3.8
+28.4
+2.7

23, 215

24, 905

+7.3

Receipts at 5 markets
thous of Ibs
Cold-storage holdings, end of mo .thous. of lbs._
Fish
Total catch, prin. ports
thous. of bbls
Cold-storage holdings, 15th of mo. thous. of lbs_.
Canned salmon:
Shipments, United States
cases ._
Exports, Canada...
cases..
Butter
Production, (factory)
Receipts, 5 markets...
Cold-storage holdings, creamery,
end of month
Apparent consumption
Wholesale price, New York
Cheese
Total, all varieties:
Production, (factory)
thous. of lbs_.
Receipts, 5 markets
thous. of Ibs..
Apparent consumption
thous. of lbs__
Cold-storage holdings, end mo thous of Ibs
Imports
thous of Ibs
Exports, United States
thous. of Ibs. _
Exports, Canada
..thous. of lbs__
American whole milk:
Cold-storage holdings,
end of month
thous of Ibs
Wholesale price, New York.. .dolls, per lb_.
Eggs
Receipts 5 markets
thous of cases
Cold-storage holdings, end of month:
Case
thous of cases
Frozen
thous. of lbs__

Milk
Condensed milk:
Total stocks, mfrs., end mo.—
Case goods
thous of Ibs
12, 534
8,677
Bulk goods
thous of Ibs
6,633
11,312
Unsold stocks, mfrs., end mo.—
3,841
Case goods .
thous. of Ibs
7,984
Bulk goods __
thous..
2,799
4,012
Exports
thous of Ibs
3,643
4,510
Wholesale Drice, New York .dolls, per case..
6.18
6.13
«Cumulative through June 30.




7

Revised.

41
TREND OF BUSINESS MOVEMENTS—Continued
1929

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

March

April

PER CENT INCREASE (+) OR
DECREASE (— )

1928

May

June

July

June

July

222, 956
173, 684
7,121
4.30

280, 944
215, 685
5,929
4.30

187, 789
151, 769
5,464
4.28

180, 377
124, 738
5,180
4.34

290, 350

261, 989

255, 369

197, 877

33, 530
400
7,790

21,517
225
6,129

22, 632
359
6,264

19, 151
115, 866

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

19, 215
122, 100

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

Per ct.
increase
or decrease

1928

1929

cumulative
1929
from
1928

FOODSTUFFS— Continued
Milk— Continued
Evaporated milk:
Manufacturers' stocks, end of mo. —
Total case goods
thous of Ibs
Unsold, case goods
thous of Ibs
Exports
..thous of Ibs
Wholesale price New York dolls per case
Production, condensed and
evaporated milk
thous. of Ibs .
Powdered milk:
Manufrs.' stocks, end mo
thous. of lbs._
Exports
thous. of lbs._
Net new orders
thous. of Ibs
Fluid milk:
Receipts—
Boston, (includ. cream) ..thous. of qts..
Greater New York
thous. of qts_.
ProductionMinneapolis, St. Paul thous. of Ibs..
Consumption in manufacture
of oleomargarine
thous. of Ibs

111,868
87, 491
7,768
4.56

126, 314
89, 789
5,963
4.30

160, 426
116, 144
5,917
4.30

147, 671

194, 810

257, 343

14, 022
454
6,126

16, 659
480
6,019

22, 802
396
7,358

18, 443
116,025

18, 002
110, 419

19, 381

19, 920

31, 248

30, 960

35, 435

36, 949

32, 021

32, 686

28, 374

-13.3

+12.9

201, 643

8,133

7,847

7,514

6,487

7,045

7,034

6,652

+8.6

+5.9

51, 245

156, 633
359, 393
445, 904
864, 589

180, 861
208, 241
404, 120
682, 591

102, 353
253, 613
433, 367
595, 214

+39.2 +53.0
+6.0 +41.7
-0.9 +2.9
-1.3 +45. 3

985, 903
2, 171, 874
2, 711, 323

842, 461 -14.5
3, 063, 136 +41.0
3, 027, 479 +11.7

93, 673
42, 889
11,631

64, 224
34, 166
5,364

67, 638
24, 930
10, 313

+15.5 +38.5
-15.5 +72.0
+83.4 +12.8

409, 807

523, 160 +27.7

58, 082

64, 121 +10.4

.038
.052
.057
116

.043
.059
.067
133

.042
.057
.066
133

+8.6
+6.1
+1.8
0.0

-9.5
-8.8
13 6
-12.8

149, 682
123, 340
153, 925
229, 869
299, 714
428, 066
978, 543 1, 127, 054 1, 017, 638

-21.9
+20.0
-24.6

+2.8
+42.8
-3.8

3,248,035
2, 387, 260

4, 261, 334 +31. 2
3, 244, 271 +35.9

7

31, 103
488
7
8, 228

+26.0 +55.8
+24.2 +72.9
-16.7 +14.5
0.0 -0.9

48, 504

45, 325

-6.6

-9.8 +32.4

1, 290, 381

1, 385, 732

+7.4

+7.8 +48.2
-18.0 +11.4
-5.3 +24.4

1,990
40, 743
« 106, 392

3,078 +54.7
45, 924 +12.7

8 107, 937

+1.5

222, 026 +10.1
52, 897

+3.2

Sugar

Kaw:
Imports—
From Hawaii, Porto Rico.-.long tons.. 124, 704 143, 628 134, 891 112, 546
458, 183
From foreign countries
long tons
605, 003
338, 905
601, 727
Meltings, 8 ports _
long tons . 505, 286 502, 980 409, 503 450,035
911,055
Stocks at refineries, end month__long tons.. 559, 993 779, 091
875, 942
Refined:
73, 898
Shipments, 2 ports
long tons
73, 231
81, 088
87, 466
47,158
Stocks, 2 ports
_
long tons
49, 451
46, 341
50, 753
8,538
10,159
Exports, including maple
long tons
6,341
9,265
Prices:
.036
.037
.035
Wholesale, 96° centrif., N. Y. dolls, per Ib
.037
.049
.048
Wholesale, granulated, N. Y dolls per Ib
.049
.048
.056
Retail granulated N Y
dolls per Ib
.057
.056
.056
116
118
Retail average, 51 cities refative to 1913..
116
116
Cuban movement, (raw) :
Receipts at Cuban ports
long tons 1, 061, 472 809, 807 440, 821 196, 995
Exports
long tons.. 659, 501 583, 906 510, 217 356, 616
Stocks, end of month
long tons 1, 296, 744 1, 509, 795 1, 439, 050 1, 298, 387

Candy
Sales by manufacturers

thous. of dolls..

29, 705

25, 917

27,047

22, 774

17, 962

Coffee
Imports
thous. of bags..
Visible supply:
World
thous of bags
United States
thous. of bags..
Receipts, total, Brazil
thous. of bags..
Clearances:
Total, Brazil, for world
thous. ofbags..
Total, Brazil, for U. S
thous. of bags..
Price, Rio No. 7, Brazil grades. ..dolls, per lb_.
Tea
Imports
thous. of Ibs. _
Stocks, United Kingd., end of mo thous. of Ibs
Price, Formosa, fine, New York dolls per Ib

1,052

988

860

817

864

906

821

+5.8

+5.2

6,758

6,649

-1.6

4,983
822
1,175

5,207
788
1,141

5,335
683
1,079

5,352
700
1,069

5,448
760
1,056

5,321
861
1,303

5,734
850
1,168

+1.8
+8.6
-1.2

-5.0
-10.6
-9.6

8,420

7,785

-7.5

1,041
501
.180

1,119
511
.176

971
503
.171

1,020
488
.168

1,267
634
.163

1,100
549
.157

1,105
598
.165

+24.2
+29.9
-3.0

+14.7
+6.0
-1.2

8,117
4,297

7,759
3,999

-4.4
-6.9

5,470
259, 651
.330

5,418
251, 209
.330

4,769

6,029

6,734

4,863

7,209

+11.7

-6.6

42, 950

45, 295

+5.5

.330

.325

.310

.325

.325

-4.6

-4.6

35, 396
25, 041
.1088

17, 670
29,182
.1044

12, 464
15, 394
.1031

9,889
14, 486
.1069

7,224
18, 862
.1069

7,601
23, 336
.1450

6,316
12, 971
.1350

Cocoa
Shipments from the Gold and
Nigerian Coasts Africa
Imports
_
Spot price, Accra, New York..

long tons
long tons
dolls..

-26.9 +14.4
+30.2 +45.4
0.0 -20.8

164, 840
123, 199

182, 499 +10.7
146, 954 +19.3

TOBACCO
4
Production, crop estimate
thous. of Ibs. _
31,492,508
1, 373, 501
Consumption, (tax-paid withdrawals):
Large cigars
thousands
491, 305
572, 413
556, 746
589, 282
550, 912
575, 996
558, 206
+5.8 +5.6 3, 499, 766 3, 625, 850 +3.6
Small cigarettes
_ thousands 8, 689, 510 9, 608, 221 11, 168, 407 10, 839, 673 10, 724, 403 9, 690, 961 9, 723, 647
-1.1 +10.3 60, 189, 286 69, 252, 976 +15.1
31, 950
32, 353
Manufac. tobacco and snuff.. thous. of lbs._
31, 663
33, 360
32, 694
226, 494
224, 263 -1.0
33, 801
30, 155
+1.1 +8.4
Exports:
30, 673
39, 634
32, 753
Unmanufactured
thous. of lbs_.
28, 588
26, 266
30, 796
264, 256
20, 252
-8.1 +29.7
252, 421 -4.5
Cigarettes
thousands
799, 935
784, 160
504, 565 1, 032, 268 1, 078, 362
805, 777
703, 045
-35.7 -53.2 6, 702, 873 5, 534, 147 -17.4
441
Sales of loose-leaf, warehouses
thous. of lbs_.
25, 726
3,245
48
144
227
6 205, 915 « 284, 785
Price, leaf, Kentucky
dolls, per 100 Ibs.. 22. 270
8.722
11. 783
11. 692
6.492
9.069
4
r
s As of Aug. 1.
Final estimate for 1928.
6 Cumulative through June 30.
Revised.




42
TREND OF BUSINESS MOVEMENTS—Continued
1939

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

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

July,
March

June

May

April

1929,

June

July

from
June,
1929

July

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

Perct.
increase
or decrease

July,
1929,
from
July,
1928

1928

cumulative
1929
from
1928

1929

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
2,744
Total cargo traffic
thous. of long tons.
2,720
2,537
2,424
2,140
2,292
In American vessels thous. of long tons..
1,229
1,194
1,206
1,186
1,097
1,212
In British vessels
thous. of long tons..
755
667
735
591
537
535
Sault Ste Marie canals thous of short tons
4,406
13, 930
14, 076
14, 120
12, 633
13, 247
+0.3
New York State canals thous. of short tons
60
393
444
387
414 +14.7
400
Cape Cod Canal..
..short tons.. 146, 483 166, 205 201, 444 161, 143 175, 179
120, 261
135, 702
+8.7
Suez Canal
thous. of met. tons..
3,157
3,103
3,093
2,590
2,538
2,758
Welland Canal
short tons
299,020
775, 786
760, 431
628, 041 1, 037, 051 1, 006, 713
17 4
St. Lawrence Canal
short tons..
215,402
878, 458
927, 933
781, 310 1, 143, 735 1, 225, 338 -15.8
Mississippi River Govt. barges
short tons.. "~~104~499 134, 747 123, 851 103, 934
94, 300
90, 658
112, 248
-9.3
Ohio River, Pittsburgh, Pa., to
840, 604
976, 992 1, 070, 125 1, 056, 795 1,088,912
Wheeling, W. Va
short tons
931, 641
947, 227
+3.0
Allegheny River
__
short tons__
187, 400
232, 204
328, 289
345, 995
396, 514
225, 960
306, 010 +14.6
Monongahela River
short tons 2, 382, 405 2, 438, 939 2, 450, 876 2, 460, 644 2, 396, 993 2, 109, 892 2,095,606
-2.6
Ohio River, tonnage originating, (quarterly) :
2
2 1, 832
Pittsburgh district
thous. of short tons
3 070
2 2, 642
+67.6
Huntington district.__thous. of short tons..
2 1, 001
2 1, 348
2 1, 397
+34. 7
Cincinnati district
thous. of short tons__
242
2 133
2 116
+216. 7
2
2
Louisville district
thous. of short tons_.
2850
1, 869
1, 272
+119. 9
2
2
Total
thous. of short tons..
2 3, 725
6, 420
5 427
+72.3
Ocean traffic
Clearances, vessels in foreign trade:
Total ...
thous. of net tons..
American
. -_ thous. of net tons
Foreign
thous. of net tons..

5,933
2,145
3,788

6,661
2,738
3,924

7,277
2,851
4,425

7,664
2, 985
4,679

11, 128
3,919

20, 668
9,468

9,775
3,804

37, 616
14, 379

187

290

268

8,099
3,176
4,923

7,371
2,847
4,524

7,781
3,056
4,725

10, 719
4,458

+5.7
+6.4
+5.2

9

14,565
6, 654
4, 231
35, 178
1,347
671, 320
6
16, 207
3, 093, 717
3, 464, 489
769, 179
6
6

+6.6
+7.2
+29.1
-37.6
-36.2
-16.0

15, 834
7, 171
e 4, 370
46, 532
1,284
1, 6129, 584
17, 615
2, 463, 278
2, 803, 103
802, 668
6

+8.7
+7.8
+3.4
+32.3
-4.7
+68.3
+8.7
-20.4
-19.1
+4.4

+15.0 5, 460, 320 6, 037, 393 +10.6
+29.6 1, 396, 248 1, 660, 025 +18.9
+14.4 14, 672, 911 16, 378, 084 +11.6
+16.2
-3.5
+14.7
+46.9
+18.3

+4.1
+3.9
+4.2

25, 523
21, 450
256

6

4, 487
6 2, 438
6223
1, 864
9, 012

6 4, 902
+9.2
e 2, 349 -3.7
6175 -21.5
6 2, 719 +45.9
e 10, 145 +12.6

42, 464
16, 467
25, 997

46, 426 +9.3
17, 754 +7.8
28, 672 +10.3

6
6

Shipbuilding
Completed during month:
Total
.gross tons..
Steel seagoing
gross tons
Building or under contract, end of month:
Merchant vessels
thous. of gross tons..
World construction, (quarterly)
thous of gross tons
World launchings, (quarterly)
thous. of gross tons..

170

264

2 2, 838

2 2, 838

2 2, 660

2501

2711

2

6 82, 098
6 42, 563

6 89, 923
6 36, 297

+9.5
-14.7
-15.3

61,209

+6.7

6 5, 553

6 5, 676

+2.2

+41.9

662

6 1, 428

0.0

+7.4

6 1, 316

6 1, 212

-7.9

Freight cars
Surplus, (daily av. last week of month) :
Total
.
cars.. 279, 107 220, 821 222, 626 217, 657 197, 923
336, 181
Box
_ . cars
89, 952
95, 429
109, 924
116, 657
96, 577
170, 606
Coal
_cars.. 136, 452
87, 367
64,156
55, 150
58, 485
114,710
Shortage, (daily av. last week of month) :
Total
. . .
cars
40
19
18
75
3
Box
.
cars..
40
Coal
cars
18
11
Car loadings:
Total
- .cars 4, 807, 944 3, 983, 978 4, 205, 709 5, 260, 571 4, 153, 220 4, 924, 115
Grain and grain products ._
cars.. 212, 988 143, 743 152, 544 215, 606 246, 696
172, 412
Livestock
__ ._ .
.cars.
121, 105
106, 894
116, 744
91, 969
105, 838
126,020
643, 238
842, 553
644, 715
Coal and coke
cars
857, 217
690, 020
773, 449
Forest products
..cars.. 335, 479 278, 814 277, 316 347, 917 245, 036
329, 127
Ore
_
.cars
57, 113
110, 678
283, 805
379, 813
304, 962
327, 987
Merchandise and 1 c 1
cars 1, 305, 042 1, 060, 943 1, 053, 688 1, 273, 002 996, 357 1, 261, 515
Miscellaneous
...
__
cars.. 1, 919, 000 1, 639, 668 1, 642, 498 2, 084, 936 1, 623, 485 1, 933, 605

271,017
137, 618
90, 513

82

-9.1 -27.0
-17.2
s
+6.0 -35.4

-aft.

-96.0

-96.3

32
73,944,041
7 207, 348
791,007
7 606, 857
7 238, 676
7 250, 150
7 986, 282
7 1,563,721

-21.1 +5.3 28, 405, 814 29,750,158 +4.7
+14.4 +19.0 1, 314, 674 1, 342, 190
830, 127
766, 232
-21.2 +1.1
+6.2 5, 020, 629 5, 436. 522 +s!s
-23.5
-29. 6 +2.7 1, 942, 574 1, 944, 245 +0.1
892, 394 1, 209, 015 +35.5
-19. 7 +21.9
-21.7 +1.0 7, 536, 926 7, 573, 975 +0.5
-22. 1 +3.8 10, 868, 490 11, 477, 979 +5.6

Railroad Operations
Operating revenue:
Freight
Passenger. _.
Total operating
Operating expenses
Net operating income
Freight carried

.
_
_-

thous of dolls
thous. of dolls..
_ .thous. of dolls.
thous of dolls
thous. of dolls.
mills, ton-miles.

393, 368
71, 879
516, 973
377, 279
97, 466
40, 213

393, 058
67, 509
513, 955
376, 494
94,204
38, 334

412, 018
68, 896
537, 748
390, 977
103, 616
42, 027

390, 360
79, 329
531, 748
381, 596
105, 961
40, 725

58, 144
2, 550

58, 052
2,549

7 57, 876
72,546

8, 057
14.0
130
308
58

7,803
13.4
177
269
50

61
57
2

99
92
2

308
38

265
59

7 370, 814
7 81, 824
7 503, 157
7 375, 571
7 85, 992
7
37, 307

381, 576
82, 722
512, 953
375, 490
95, 226
39, 196

57, 627
2,541

60, 095
2, 591

59,975
2,590

7,453
13.0
158
297
181

7,681
13.4
120
369
36

8,006
13.4
95
284
7

8,310
14.0
116
235
32

78
58
1

69
39
3

334
55

365
45

Railway Equipment
Locomotives (Am. Ry. Assn.) :
Owned, end of month58,322
Quantity . . . .
-. .. number __
2,553
Tractive power
mills of Ibs
In bad order, end of month8,042
Quantity
number
13.9
Per cent of total in use
per cent.
121
Installed
~_. . .. number..
307
Retired
.
number..
142
New orders
number..
Shipments, manufacturers', (Census)—
35
Total
number..
31
Steam, domestic
.number..
4
Electric, domestic
number. _
Unfilled orders, (railroads), end of mo.—
326
From manufacturers
number
46
In railroad shops
number. .
2
Quarter'ending in month indicated




9

-0.4
-0.2

-3.9
-1.9

+3.1 -7.6
+3.1 -4.3
-24.1 +3.4
+24.2 +57.0
-80.1 +12.5

881
1,689
171

51
39
11

46 -11.5 +50.0
19 -32.8 +105. 3
5 +200.0 -40.0

360
234
81

90
30

56
17

Cumulative through June 30.

+9.3
-18.2 +164. 7
7

Revised.

931
2,000
563

+5.7
+18.4
+229.2

388 +7.8
303 +29.5
19 -76.5

43

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

PEE CENT INCREASE (+) OR
DECREASE (— )

1938

July,
March

May

April

June

July

1929,

July

June

from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1939

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

TRANSPORTATION-Continued
Railway Equipment— Continued
Locomotives— Continued.
Unfilled orders, manufacturers', (Census} —
Total
number
Steam domestic
number
Electric domestic
number
Exports, steam
number
Freight cars, (Am. Ry. Assn.):
Owned, end of monthQuantity
thous of cars
Capacity
mills of lb<$
In bad order, end of monthQuantity
cars
Per cent of total in use
per cent
New orders
cars
ShipmentsTotal
cars
Domestic
cars
Unfilled orders, (railroads) —
Total
cars
From manufacturers
cars. .
In railroad shops
_cars_.
Passenger cars:
New orders
cars
ShipmentsTotal
cars
Domestic
cars
In railroad hands, (quarterly)
_.cars..
Unfilled orders, (quarterly)
cars

-2.4 +172. 2
198
+0.2 +400. 0
98
59 -14.3 -69.5
32 +128.6
0.0

552
489
21
14

539
490
18
32

201
109
37
15

2,267
208, 569

2,266
2,267
208, 850 7 208, 867

2,267
209, 095

2,301
210, 386

2,300
210, 437

0.0
+0.1

-1.4
-0.6

142, 543
6.5
6,983

144, 634
6.5
8,364

142, 064
6.4
5,869

137, 495
6.2
442

145, 210
6.5
2,286

151,867
6.7
307

-3.2
—3.1
-92.5

-9.5
-7.5
+44.0

22, 633

59, 571 +163. 2

7,109
6,963

5,147
5,115

4,963
4,908

+9.1 +43.2
+6.9 +41.9

25, 135
24, 502

34, 160 +35.9
32, 128 +31.1

12, 446
9,316
3,130

13, 531
10, 371
3,160

-8.1 +166. 2
-7.5 +204. 6
-12.0 +40.0

488
419
24
22

495
419
24
10

2,268
208, 507
139, 538
6.3
11,068

444
362
22
14

3,599
3,589

5,510
5,300

8,459
8,350

6,517
6,514

41,197
35, 360
5,837

43, 486
36, 674
6,812

39, 843
33, 588
6,255

39, 173
34, 145
5,028

36, 014
31, 590
4,424

123

+8.8

-44.9 +410. 5

1,113

956 -14.1

-31.9
-35.4
-0.9
+20.3

-48.0
-56.9
-1.2
-28.4

524
460
8 106, 467
82,069

580 +10.7
543 +18.0
8 105, 268 -1.1
8 1, 355 -34.5

553, 394 +117. 3
111, 642 +121.4

+7.2
+17.8

1,1188.069
224, 264

1,195,521 +0.6
249, 379 +11.2

8 142, 590
6 174, 261

« 131, 971
8181,617

8 32, 922
8 208, 885
145, 397

8 24, 526 -25.5
6 188, 755 -9.6
151, 260 +4.0

53

250

131

176

97

57

19

87
87
2
52, 869
2615

86
78

48
44

94
82
52, 399
2740

64
53

95
95
2
53, 058
2
1, 033

123
123

72, 377
8,498

64, 807
10,460

102, 207
21, 190

273, 059
59, 412

593, 324
131, 511

271,621
60,324

20, 145
37, 375

28, 565
32, 288

25, 711
27, 169

22, 490
28, 119

2,449
27, 972
17, 066

3,387
25, 277
29, 995

4,985
31, 505
38, 175

4,881
42, 846
29,508

6,627
2,726

6,404
2,582

6,471
2,590

7,763
3,000

69
3.98

75
4.09

71
3.88

66
3.97

69.9

771.8

»71.0

74, 899
17, 825

74, 830
17, 776

11, 864
14, 911
1,951

2

113

Passenger Travel
National parks:
Visitors. _
__
number
Automobiles entered
number
Arrivals from abroad:
Immigrants
number
United States citizens
number
Departures abroad:
Emigrants
number
United States citizens
number __
Passports issued
number
Pullman company operations:
Revenue
thous of dolls
Passengers carried
thousands
Trend of business in hotels:
Room occupancy
per ct of capacity
Average sale per occupied room
dollars..

20, 419
27, 201

20, 682
32, 974

7,205
53,028
29, 674

7,804
68, 463
15, 776

7,432
3,095

7,279
3,073

64
4.05

60
3.98

71.0

67.2

67.1

76, 158
18, 355

74, 622
18, 194

68, 783
16, 941

67, 676
15, 019

6 404, 110
6 101, 541

11, 328
14, 344
1,700

11, 853
15, 016
1,749

11, 396
14, 446
1,516

11, 169
14, 036
1,906

10, 618
13, 375
1,428

e 63, 716
8 79, 644
6 10, 343

195, 000
85, 000

190, 000
83, 000

189, 750
82,500

183, 000
79, 000

178, 697
67, 537

173, 646
62, 260

820, 405
8.202

774, 517
8.202

792,894
8.221

744, 310
8.228

760, 509
8.081

728, 849
8.081

77,881
7 3, 285
7 4, 596

7 8, 083
7 3, 482
7 4, 601

7,769
3,072
4,697

375
7 7, 506

378
7 7, 705

1,409
1,379
111
167,900

1,457
1,432
112
165, 600

136.4
125.4
146.5
128.0
126.3
137.0

136.9
123.3
148.9
130.4
128.1
144.7

-7.4
+4.2

18, 115

63
3.94

-38.6

+14.8

8 39, 747
816,496

-4.5
-0.8

e 40, 715
8 16, 289

+2.4
-1.3

+5.0
-1.0

Warehouses
Public merchandise warehouses,
space occupied.
per ct. of total..
PUBLIC UTILITIES
Telephone companies:
Operating revenue.
thous. of dolls..
Operating income..
...thous. of dolls..
Telegraph companies:
Commercial telegraph tolls-thous. of dolls..
Operating revenues
thous. of dolls
Operating income
thous. of dolls..
Gas and electric companies:
Gross earnings
thous. of dolls
Net earnings
thous. of dolls..
Electric railways, (212 companies):
Passengers carried
thous. of persons
Average fare
r cents_.

722, 289
8.244

e 446, 331 +10.4
6 109, 687 +8.0
e 67, 886
6 85, 910
8 9, 970

+6.5
+7.9
-3.6

6 1, 111, 780 8 1, 154, 750 +3.9
e 430, 362 8 507, 500 +17.9

-3.0
+0.2

-0.9
+2.0

5, 463, 332

5, 395, 281

-1.2

ELECTRIC POWER
Electric power production:
7 7, 989
Total
mills of kw hours
By water power
mills, of kw. hours..
7 3, 147
7 4, 842
By fuels
mills of kw hours
In street railways,
382
manfg. plants, etc — mills, of kw. hours..
In central stations
mills, of kw hours
77,607
Electric power production, (Canada):
1,471
Total
mills of kw hours
1,441
By water power
mills, of kw. hours..
Exported
mills, of kw. hours _
127
167, 700
Electric power gross revenue thous of dolls
Consumption of electrical energy:
By geographic divisions135.7
United States
rel to 1923-25
New England
rel to 1923 25
130.8
North Central
rel to 1923 25
141.9
Middle Atlantic
rel to 1923-25
130.5
125.4
Southern
rel to 1923-25
138.2
Western
rel. to 1923-252 Quarter ending in month indicated.




7

7 7, 142
7 3, 071
7 4, 071

6 42, 335
6 17, 380
6 24, 955

647,392 +11.9
e 18, 126 +4.3
e 29, 266 +17. 3

362
7,407

372
6,638

381
6,762

6 2, 753
6 39, 622

82,317 -15.8
6 45, 075 +13.8

1,377
1,360
119

6

6, 998
7 3, 093
3, 905

71,242
7 1, 228
127
149,500

71,248
7 1, 233
130
146, 600

6 7, 746
87,643
8767

6 8, 567 +10. 6
6 8, 405 +10.0
6694 -9.5

7

135.2
129.0
123.5
113.4
142.0
141.3
129.5
120.5
128.4
114.7
134.2
129.4
Cumulative through

116.4
108.4
124.6
113.4
114.6
118.5
June 30.

120.2
102.4
131.8
110.8
112.0
116.5

-4.6
-8.2
-0.5
-6.9
-10.7
-3.6

+7.3
+10.7
+7.2
+8.8
+2.4
+11. 1
7
Revised.

44
TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulative* shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
August, 1929, "Survey"

March

April

PEE CENT INCREASE (+) OR
DECREASE (— )

1928

May

June

July

June

July,
1929,
from
June,
1929

July

July,
1929,
from
July,
1928

1928

ELECTRIC POWER-Continued
Consumption of electrical energy— Continued.
By industryAll industry
rel. to 1923-25. .
Chemical and allied
products
_ rel. to 1923-25..
Food and kindred
products
rel. to 1923-25 .
Rolling mills and steel
plants.. . .
___rel. to 1923-25 _
Metal working plants
rel to 1923-25
Metal groups
rel. to 1923-24..
Leather and its
products
rel. to 1923-25
Lumber and its
products
rel. to 1923-25..
Paper and pulp
...rel. to 1923-25. .
Rubber and its
products
.
rel. to 1923-25..
Shipbuilding
rel. to 1923-25-.
Stone, clay, and glass
rel. to 1923-25. .
Textiles
rel. to 1923-25..
Automobiles, including
repair parts ._
rel. to 1923-25. .

135.7

136.4

136.9

135.2

129.0

116.4

120.2

-4.6

133.0

131.7

129.2

133.8

127.0

122,6

128.5

-5.1

-1.2

122.2

121.2

122.6

121.8

129.9

116.8

129.2

+6.7

+0.5

160.3
151.4
154.9

153.3
148.3
149.9

172.2
144.2
154.8

154.3
143.4
147.9

144.4
144.4
144.2

121.2
123.7
122.7

121.2
126.3
124.2

-6.4 +19.1
+0.7 +14.3
-2.5 +16.1

+7.3

93.4

82.0

95.2

98.7

82.0

100.2

99.0

-16.9

104.2
129.2

108.0
136.0

111.1
129.9

113.8
137.3

103.2
122.3

109.2
133.7

108.8
127.3

-9.3
-10.9

155.8
99.7
138.0
126. 6

155.7
116.1
145.0
128.1

157.6
135.2
143.5
129.9

158.1
106.9
170.3
123.0

136.7
107.7
154.7
113.4

131.7
85.3
128.0
104.7

135.3
67.2
129.8
91.8

-13.5 + 1.0
+0.7 +60.3
-9.2 +19.2
-7.8 +23.5

154.9

170.6

161.8

154.0

139.5

136.0

143.7

79.0
88.3
100
85
79
91.8
127.4
103.0
99.2
115
123. 1
43, 891
488, 390
34, 809

78.8
87.5
101
85
79
91.6
127.6
103.7
99.1
115
124.0
44,067
484, 464
34,686

77.2
87.6
101
86
78
93.9
130.8
104.1
98.5
116
123.9
43,814
484, 637

77.0
87.3
102
86
81
93.0
129.7
103.4
43, 761
483, 142

73.6
82.2
90
80
74
86.5
124.1
95.8
92.9
105
111.1
36, 922
454, 952
27, 888

72.9
81.5
90
79
75
85.6
123.3
93.9
96.8
104
111. 3
37,314
451, 125
29, 405

14,687
908
111.5
97.4
113
92
86
105.2

14, 549
1,039
110.1
96.5
114
94
88
105.7

14, 549

14, 398

107.0
96.5
114
93
86
107.5

95.5
111
88
84

13, 413
743
104.8
89.0
98
83
78
97.9

13, 149
793
98.7
87.2
96
76
74
91.4

110.4
107.8

116.2
122.5

7 122. 2
132.8

113.8
115.7

117.7
130.6

88.0
94.5

89.0
96.0

91.0
97.1

89.0
96.3

88.0
97.5

104.1
77.4

107.2
85.4

95.4
71.0

102.3
60.6

100.7
82.5

63, 507

63, 841

63, 904

61,388

61, 650

-9.4

-17.2

-5.1
-3.9

-2.9

EMPLOYMENT AND WAGES
Employment in factories:
Massachusetts
rel. to 1919-23..
79.9
New York State
rel. to 1923..
88.7
99
New Jersey
rel. to 1923
84
Pennsylvania ._
rel. to 1923. .
76
Delaware
rel. to 1923..
Maryland
rel. to 1924 .
90.9
Iowa
...rel. to 1923..
125.2
Illinois
rel. to 1925-27..
102.2
Wisconsin.. .
rel. to 1923 _
98.5
Ohio
__
__rel. to 1923..
113
Cleveland
rel. to Jan., 1921..
123.4
Milwaukee _
number. _
43,226
New York State
number.. 490, 879
Oklahoma
number. . 32, 471
Total pay roll:
New York State, (weekly) .thous. of dolls..
14, 897
Oklahoma, (weekly)
thous. of dolls..
871
Wisconsin
rel. to 1923..
110.7
New York State
_.rel. to 1923..
98.8
New Jersey
_rel. to 1923..
112
Pennsylvania..
rel. to 1923. .
91
Delaware
rel. to 1923 .
83
Illinois
rel. to 1925-27..
101.6
Employment,
Canada
.rel. to calendar year 1926. .
111.4
Ohio construction
rel. to 1923..
95.9
Employment, trade-unions:
United States
per cent of total..
86.0
Canada
...per cent of total-94.0
Anthracite mines:
Employment
rel. to 1923-25..
101.3
Pay roll
rel. to 1923-25..
79.5
Federal civilian employees,
Washington, D. C., end month
number..
62, 926
Average weekly earnings, factories:
Illinois
dollars. .
28.92
New York State
...dollars..
30.35
Wisconsindollars. .
26. 95
Oklahoma
dollars..
26.81
Massachusetts
rel. to 1914..
233.8
New York.
rel. to 1914..
243.2
Neiv Jersey
_ .
rel. to 1923 .
114
Pennsylvania..,
rel. to 1923..
109
Delaware
rel. to 1923..
108
Illinois
rel. to 1925-27..
101.9
Wisconsin
rel. to 1923..
112.4
Average weekly earnings, (National Industrial
Conference Board):
Grand total, (both sexes)
dollars . . 728.53
Total male
dollars..
31.68
Skilled male
dollars..
33.15
Unskilled male
dollars. . 7 26. 07
Total women
dollars..
17.76
Average weekly hours:
Nominal, (both sexes)
hours..
49.8
Actual, (both sexes)..
hours .
49.5
Wages, road labor, by districts:
New England _
cents per hour. .
51
Middle Atlantic
cents per hour..
44
South Atlantic
cents per hour..
23
East South Central
cents per hour-_
27
West South Central
cents per hour..
33
East North Central
cents per hour..
42
West North Central
cents per hour..
37
Mountain
.cents per hour. .
43
Pacific.
cents per hour..
52
United States, average
cents per hour..
37
7
Revised.



124.7

85.6
56.8

29.28
29.48 '
27.03
26.24
234.1
236. 2
110
102
103
103.2
112.8

27.45
29. 15
24.45
26.97
234.6
233.6
108
96
98
96.7
102.0

30.02
26.03

29.80
231.0
238.8
110
101
102
99.2

1

231.5
240.5
113
108
108
103.8
108.6

728.53
31.61
33. 09
7 25. 95
17.85

28.54
31.48
33.04
25.59
17.95

28.28
31.16
32.66
25.45
17. 86

27.30
30.35
31.74
25. 17
17.01

49.9
49.0

49.7
48.5

49.7
47.7

50
42
30
26
31
40
37
45
53
49

51
42
29
26
32
38
37
47
52
40

48
42
26
2fi
30
37
36
45
53
40

47
43
27
25
27
38
36
44
53
40

+9.5

-1.0 +9.5
-2.6 +15.6
-5.4 +15.8
-2.3 +13.5
+2.0

+5.9
.

-10.3
—20 0

-15.0
-31.2

-0.7

+2.2

-0.2
-0.7
-2.7
-6.5
-5.6
-4.4

-1.5
+2.2
+1.9
+5.2
+4.1
+2.6

49.6
47.5

51
42
27
27
31
38
37
44
53
38

-0.1 +17.3
-0.3
+7.1

27.09
29.95
31.35
24.69
17.07

49.8
749.3

-0.3 +5.6
-0.3 +7.1
+1.0 +13.3
0.0 +8.9
+3.8 +8.0
-1.0 +8.6
-0.8 +5.2
-0.7 +10.1

-1.0

30.07
26.94
26. 08
232.6
240.9
114
109
107
102.1
• 112.4

30.03
26.64
29.95
232,4
240.6
114
110
111
102.4
7 111.

49
42
30
25
30
40
36
47
53
39

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

-3.9 +4.3
0.0 -2.3
+3.4 +11.1
-3.8
0.0
-6.2 +11.1
+5.3
5.3
-2.7
0.0
0.0 +6.8
+1.9
0.0
-2.5 -2.5

1929

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

45
TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulative* shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
August, 1929, "Survey"

March

April

May

PER CENT INCREASE (+) OR"
DECREASE (— )

1938

June

July

June

July,
1929,
from
June,

July

1929

EMPLOYMENT AND WAGES-Con.
50
50
50
Wage rates, U. S. Steel Corp___cents per hour..
125.5
125.5
125.5
Wages, steel sheet workers per cent of base..
Applicants per 100 jobs, employment agencies:
142
128
126
United States
number
144
126
126
Eastern States-number
153
134
126
Central States
number
215
200
198
Southern States
number
93
76
73
Western States _.
number
124
134
156
Illinois
number
138
Wisconsin
number
117
110
133
117
118
Canada
number.
Factory Labor Turnover
(Percentage of number on payroll)
Departures:
49.2
752.1
55.7
Total _ _ __
per cent, (annual basis)
36.8
43.3
740.8
Voluntary quits, .per cent, (annual basis) ..
5.5
5.7
5.7
Lay offs
per cent (annual basis)
6.7
6.9
75.6
Discharges
__.per cent, (annual basis) _.
61.2
70.2
759.9
Accessions. _
per cent, (annual basis)
Industrial disputes:
742
752
774
Disputes
number
52, 565
Workers involved.
number.. Ml, 321 7 52, 292
Man-days lost in month
number U,094,161 71,429,046 71,582,295
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales, 2 houses
thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co__thous. of dolls. .
Ten-cent chain stores:
Total sales, (4 chains)
thous. of dolls..
Total stores operated, (4 chains) ..number..
F. W. Woolworth & Co... .thous. of dolls..
Stores operated
number
S. S. Kresge Co
thous. of dolls .
Stores operated
number
McCrory Stores corp
thous. of dolls
Stores operated
number
S. H. Kress & Co
thous. of dolls
Stores operated
.
number
Metropolitan
thous of dolls
Stores operated .
number
F. & W. Grand . . . thous. of dolls
Stores operated
number
W. T. Grant Co
thous. of dolls
Stores operated
number
Restaurant chains:
Total sales, (3 chains)
thous. of dolls..
Childs Co., sales
thous. of dolls..
J. R. Thompson Co., sales thous. of dolls
Waldorf System, (Inc.),
sales
thous. of dolls
Other chain stores:
Isaac Silver & Bros
thous. of dolls..
Stores operated
number
J. C. Penny Co
.. thous. of dolls .
Stores operated
number
G. C. Murphy Co
thous. of dolls
Stores operated
number
Installment sales in New England dept. stores,
ratio to total sales
per cent
Advertising
Magazine advertising
thous. of lines. _
Magazine advertising, total cost.thous. of dolls. .
Newspaper advertising .
thous. of lines
Radio broadcast:
Cost of facilities
thous. of dolls .
National advertising in newspapers:
Total
thous. of lines
Passenger cars
thous of lines
Tires, trucks, and
accessories
thous. of lines ._
Financial
thous. of lines
Building materials
thous. of lines
Electrical appliances
supplies
thous Jof lines
Foods and beverages
_. thous /(of lines'..
Heating and plumbing
equipment
•
. -thous. of lines. _
Medical
_
..thous. of lines..
Radio
..
thous. of lines
Tobacco .
thous. of lines. _
Toilet requisites
thous. of lines..
Transportation
._
thous. of lines..
All other
thous. of lines..
* Revised.



July,
1929,
from
July,

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1928

1939

1928

50
125.5

50
125.5

50
125.5

50
125.5

0.0
0.0

0.0
0.0

128
127
140
185
71
139

131
139
141
174
83

-4.4
-7.9
-6.0
0.0
+3.8

100

137
151
150
174
80
151
113
113

+2.3
+9.4
+0.7
-5.9
+16.9

121

121
147
161
221
66
168
123
118

-17.4

-11.5

751.1
739.5
75.4
76.2
760.9

45.0
35.4
4.8
4.8
61.2

39.5
27.1
7.5
4.9
41.3

38.0
27.2
5.9
4.9
46.9

-11.9
-10.4
-11.1
-22.6
+0.5

Per ct.
|1ncrease
(+)
or decrease
(-)
cumulative
1929
from
1928

+18.4
+ 30. 1
-18.6
-2.0

+30.5

742
746
7 143, 137 7 132, 187
73,670,878 73, 337, 386

86
55,795
1, 536, 098

-7.6 +32.4
-6.3 +27.5
-9.8 +41.7

53,413
30, 796
22, 617

55, 619
34,046
21, 573

55,006
35, 126
19, 880

57, 702
35, 748
21,954

53,309
33, 501
19, 808

44, 848
25, 669
19, 179

40, 253
26, 276
13, 977

46, 138
2,695
24, 528
1,750
12, 567
517
3,735
234
5,308
194
1,138
111
1,712
83
5,141
222

41, 652
2,711
22,061
1,759
11, 368
523
3,160
235
5,063
194
1,141
112
1,588
86
4,421
226

49, 202
2,728
28, 578
1,767
12, 345
531
3,263
236
5,016
194
1,360
117
1,688
88
5,089
227

44, 401
2,744
23, 609
1,775
12, 572
537
3,335
238
4,885
194
1,467
120
1,889
89
5,374
241

42,604
2,767
22, 522
1,789
11, 687
542
3,300
239
5,095
197
1,337
123
1,635
90
4,524
244

7 42, 099
2,509
22, 400
1,652
11, 834
450
73,099
223
4,766
184
1,027
94
1,259
70
4,366
181

38, 764
2,526
7 20, 587
1,658
10, 583
460
7 2, 951
224
4,639
184
908
96
1,205
73
3,731
7193

-4.0
+0.8
-4.6
+0.8
-7.0
+0.9
-1.0
+0.4
+4.3
+1.5
-8.9
+2.5
-13.4
+1.1
-15.8
+1.2

5,027
2,355
1,284

4,944
2,247
1,359

75,025
2,261
1,403

4,762
2,177
1,313

2,259

4,429
7 2, 041
1,209

4,280
2,012
1,163

+3.8

1,388

1,338

1,361

1,272

1,258

1,180

1,105

615
32
15,381
1,082
1,199
140

566
36
14,406
1,105
1,112
142

566
37
16,090
1,109
1,192
143

613
39
17, 121
1,215
1,229
145

650
41
14, 554
1,215
1,148
145

7.1

6.3

6.1

4.1

2,877
17,438
112, 033

3,282
20, 445
108, 401

3,120
19, 310
113, 242

2,895
17, 756
101, 200

7

462
26
11, 734
953
796
116

4.6

2,346
15, 437
83, 930

517
£25
14,129
953
881
116

7 2, 193
14, 210
7 81, 012

+12.

7,618

10, 783

25, 022

31, 393

15, 176

15, 578

+2.6
+9.4
+23.3
+14.0
+36.7

368, 845
226, 229
142, 616

270, 559

293, 859

145, 861

158, 330

73, 374

79,332

20, 442

22, 329

31, 878

33, 868

6,180

8,124

-1.1 +13.8

8,357

9,144

+6.0
+5.1
-15.0
0.0
-6.6
0.0

+40.7
+57.7
+24.0
+27.5
+44.2
+25.0

3,094

1 3, 816

83, 487

-19.0
-13.1
-17.1

+7.0
+8.6
+3.6

112, 026
676, 155

5.7

7
2, 630
16, 500
7 97, 092

+9.9
+1.6
+9.4
+7.9
+10.4
+17.8
+11.8
+6 7
+9.8
+7.1
+47.
+28.
+35.
+23.
+21.
+26.

+30.4
+31.2
+29.0
+ 8.6
+8.5
+8.1
+9.2
+6.2
+31.5
+41.5
+25.5

282, 919
172, 375
110, 544

+0.2 +105. 0

5,562

1,610

1,550

1,563

1,309

1,312

680

640

56, 133
9,228

55,868
9,779

61, 548
8,757

56, 118
6,603

48,023
6,219

42, 916
6,168

41, 339
7,193

-14.4
-5.8

+16.2
-13.5

289, 361
47, 892

3,781
8,011
600

5,288
7,653
1,261

7,397
8,176
1,148

7,926
7,485
632

7,565
8,672
275

6,488
5,863
549

5,536
6,648
342

—4.6
+15.9
-56. 5

+36.7
+30.4

26,253
44, 436
3,786

1,466
7,185

1,495
7,556

1,553
8,837

1,763
8,230

1,093
6,676

1,127
7,449

822
6,640

-38.0
-18.9

+33.0

5,839
40, 499

579
6,557
2,176
3,885
3,574
2,307
6,783

649
4,266
1,390
3,161
3,333
2,960
7,078

650
3,810
2,148
5,171
2,936
4,263
6,704

381
2,830
1,885
4,264
3,123
4,667
6,291

319
2,285
2,515
2,484
2,592
3,756
3,572

492
2,347
583
2,117
2,294
3,361
4,081

352
2,232
634
2,520
2,250
2,946
3,224

-16.3
-19.3

-9.4
+2.4

-41.7
-17.0
-19.5
-43.2

-1.4
+15.2

2,730
25, 614
5,684
19, 767
16, 773
17, 107
30, 914

-19.6

+0.5

+33.4 +296. 7

+27.5

+10.8

5,133

95, 201
t

7,604

+5.6
+4.5
9,974 +94.3
343, 747 +18.8
52, 026 +18.8
118, 312
706, 510

+30.7
+17.2
+13.1
8,052 +37.9
43, 959 +8.5
3,126 +14.5
29, 325 +14.5
13,245 +133. 0
22, 852 +15.6
19, 177 +14.3
20, 770 +21.4
37,888 1 +22.6

36,919
52, 090
4,283

46
TREND OF BUSINESS MOVEMENTS—Continued
1929

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

March

April

May

PER CENT INCREASE (+) OR
DECREASE (-)

1928

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL

FROM JAN. l

TflROUQfi JtJLt 31

1929

1928

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

DISTRIBUTION MOVEMENT— Con.
Postal Business
Postal receipts:
50 selected cities
thous. of dolls
50 industrial cities
thous. of dolls..
Money orders:
Domestic issued, (50 cities)—
Quantity
thousands. _
Value
thous. of dolls
Domestic paid, (50 cities)—
Quantity
thousands..
Value
- thous. of dolls..
Air mail, weight dispatched
. pounds ..

34, 375
3,537

32, 352
3,454

32, 446
3,339

29,280
3,061

29,069
3,189

29,990
3,094

26, 508
2,956

-0.7
+4.2

3,959
38, 840

3,851
38, 188

73,702
7 38, Oil

3,545
36, 198

3,602
37, 120

3,382
34, 263

3,180
32, 812

+1.6 +13.3

11, 825 7 11, 693
90, 423 7 90, 363
508, 672 7 587, 471

11, 223
86, 958
593, 254

10, 741
86, 573
638, 810

11, 145
85,280
210, 957

9,627
76, 227
214, 558

-4.3 +11.6
-0.4 +13.6
+7.7 +197. 7

12,624
93, 937
523, 414

+2,5

+9.7
+7.9

+13.1

214, 251
23,264

219, 130
23,372

+2.3
+0.5

+7,6
+7.8
79,450 +4.3
76, 196
608, 795 +4.7
581, 542
1, 267, 533 3, 774, 271 +197. 8
23,960
240, 252

25, 765
259,003

BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Policies and certificates, new, (44 companies) :
Ordinary
. number of policies.. 292, 232 284, 055 293, 458 277, 615 273, 099 7 293, 224 7 249, 738
840, 312
753, 773
Industrial
number of policies _ . 1, 045, 058 964, 177 888, 462 880, 770 809, 110
51, 895
45, 455
38, 905
72, 923
Group
number of certificates __
47, 028
66, 353
35, 986
Total policies and certificates
number.. 1, 373, 276 1, 295, 260 1, 227, 375 1, 224, 738 1, 155, 132 7 1, 185, 431 1, 042, 416
Amount of new insurance, (44 companies):
755, 699
660, 062
722, 451
Ordinary
. thous. of dolls _ _
801, 698
750, 228
830, 244
793, 786
214, 882
194, 642
Industrial
_ _ _.- thous. of dolls. . 274, 824 256, 279 240, 501 242, 166 223, 680
113, 711
74, 196
109, 827
106, 589
72,238
147, 658
Group
thous. of dolls
64, 813
Total insurance
- thous. of dolls. . 1, 169, 881 1, 122, 303 1, 152, 026 1, 098, 983 1, 093, 789 1, 084, 292 928,900
Premium collections, (44 companies) :
154, 916
152, 862
174, 278
169, 773
172, 282
158, 733
175, 645
Ordinary
..thous. of dolls..
51, 509
53, 072
57, 932
52, 218
55, 801
Industrial
thous. of dolls .
55, 768
56, 159
5,574
7,296
7,691
7,345
11, 494
Group
..thous. of dolls..
8,336
7,515
211, 999
213, 230
Total
thous. of dolls.. 239, 319 236, 386 234, 187 221, 879 239, 199
Admitted life insurance assets, (41 companies) :
12, 197
12, 312
13, 469
13, 269
13, 373
Grand total
mills of dolls
13, 173
Mortgage loans5,292
5,792
5,338
5,710
5,750
Total
mills of dolls
5,675
1,600
1,601
1,599
1,597
1,599
1,597
Farm
mills, of dolls__
3,692
3,737
4,151
4,193
4,113
All other
mills of dolls
4,078
Bonds and stocks, (book value):
4,621
4,665
5,119
5, 037
5,085
Total
mills of dolls
5,007
905
916
1,048
1,017
1,033
1,004
Government
mills of dolls
2,390
2,397
2,507
2,472
2,477
2,498
Railroad
mills of dolls
1,112
1, 128
1,261
1,251
1,256
1,247
Public utility
mills of dolls
214
224
303
292
298
284
All other
mills of dolls
Policy loans and
1,472
1,652
1,459
1,608
1,630
premium notes
mills of dolls
1,587

-1.6
-8.1
+9.9
-5.7

+9.4
+7.3
+87.4
+10.8

1, 714, 694
6,212,820
292, 340
8, 219, 354

1, 879, 966 +9.6
6, 531, 204 +5.1
352, 525 +20.6
8, 763, 695 +6.6

-3.7
-7.6
+38.5
-0.5

+9.6
+14.9
+99.0
+17.8

4, 901, 065
1, 617, 685
651, 441
7, 170, 191

5, 241, 792
1, 734, 227
658, 369
7, 634, 388

+7.0
+3.8
+56.5
+7.8

+11.1
+9.2
+57.5
+12.2

1, 103, 532
361, 226
56, 434
1, 521, 192

1, 172, 208
383, 640
68, 979 +22.2
1, 624, 827 +6.8

5, 712, 468
2, 373, 457
1, 312, 508
821, 271
639, 108
566, 124
362, 818

+7.0
+7.2
+1.1
+6.5
+6.2
+6.2

(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance:
United States total
thous of dolls
Eastern manuf. dis
thous. of dolls..
Western manuf. dis
thous. of dolls. _
Western agric. district- -thous. of dolls. _
Southern district
thous. of dolls. _
Far western district
thous. of dolls__
Canada total, 15 companies. thous. of dolls..

896, 333
385, 309
207, 017
122, 062
97, 421
84, 524
49, 406

862, 578
355, 180
196, 585
125, 988
98, 246
86, 579
53, 333

873, 490
352, 208
200, 638
125, 716
102, 475
92, 453
51,283

829,202
334, 551
189, 447
125, 349
97, 104
82, 751
54,700

796, 900
319, 437
182, 763
121, 224
90, 954
82, 522
56, 078

805, 695
333, 895
176, 121
121, 089
96, 796
77, 794
51, 844

700, 939
273, 188
163,694
107, 659
85, 056
71, 342
49, 492

-3.9
-4.5
-3.5
-3.3
-6.3
-0.3
+2.5

+13.7
+16.9
+11.6
+12.6
+6.9
+15.7
+13.3

5, 283, 077
2, 189, 874
1, 161, 734
799, 770
622, 319
509, 380
331, 044

55, 425
28, 131
1,942

47, 979
26, 803
1,873

50,043
26, 520
2,097

43, 263
26,423
1,817

49, 215
28, 409
2,108

45, 455
27,029
1,896

35, 085
23, 897
1,896

+13.8
+3.7
+16.0

+40.3
+18.9
+11.2

282, 998
175, 100
13, 238

1,030
1,664
351
2,893
2,382
71.5

986
1,664
343
2,986
2,410
73.3

988
1,654
270
2,970
2,331
74.5

1,125
1,736
226
3,041
2,438
72.9

1,076
1,779
232
3,109
2,398
74.4

1 191
1,660
430
2,693
2,459
65.4

1,086
1,613
378
2,756
2,402
68.6

16,583
5,976
13, 157

16, 451
5,875
13, 234

16, 202
5,799
12 791

16, 925
5,560
13,293

17, 058
5,549
13, 395

16, 089
6,647
13, 574

15, 861
6,589
13, 186

6,804
9.75

6,775
9.19

6,665
9.39

7,071
9.15

7,474
8.87

4,898
9.25

4,837
9.00

+5.7 +54.5
-3.1 -1.4

5,562

5,532

5,288

5,769

5,960

4,307

4,259

+3.3

+39.9

7.88
9.10
5.88
5.38
5.00
5.09
5.36

8.75
8.89
6.00
5.50
5.00
5.10
5.48

8.75
8.91
6.00
5.50
5.00
5.13
5.54

8.13
7.70
6.00
5.50
5.00
5.19
5.60

7.75
9.23
6.00
5.13
5.00
5.29
5.68

5.69
6.21
4.88
4.07
4.50
5.04
4.56

6.00
6.05
5.13
4.25
5.00
5.04
4.63

-4.7
+19.9
0.0
-6.7
0.0
+1.9
+1-4

+29.2
+52.6
+17.0
+20.7
0.0
+5.0
+22.7

4,466

4,439

4,418

4,459

4,434

4,283

-0.6

+3.5

+8.1
+8.4
+13.0
+2.7
+2.7
+11.1
+9.6

Banking
Check payments:
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
Canada
mills of dolls
Federal reserve banks:
Bills discounted
mills of dolls
Notes in circulation
mills of dolls
Total investments
mills, of dolls ._
Total reserve
mills of dolls
Total deposits
mills of dolls
Reserve ratio
per cent
Federal reserve member banks:
Total loans and discounts.. .mills, of dolls. .
± oidi invebimeutb--

i

. lu

..

Brokers' loans, end of month:
To N. Y. Stock Ex. membersTotal
mills of dolls
Ratio to market value
per cent
By New York F. R. member
banks
mills of dolls
Interest rates:
Time loans 90 days
per cent
Call loans, renewal
..per cent
Prime com. paper, (4-6 mos.)
per cent..
Prime bankers' acceptances
per cent
Federal land banks
..percent-Intermediate credit banks
per cent
Deposits, New York State savings
banks, end of month
-..mills, of dolls..
 7 Revised.



4,30

—4.4
-0.9
+2.5 +10.3
+2.7 -38.6
+2.2 +12.8
—0 2
-1.6
+2.1 +8.5
+0.8
0 2
+0.8

+7.5
15 8
+1.6

^

346, 933 +22.6
188, 927 +7.9
13,684 +3.4

47

TREND OF BUSINESS MOVEMENTS—Continued

The cumu la fives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
August, 1929, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1938

1929

July,
March

1929,

from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

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

April

May

June

July

June

July

17, 237
55, 200
736, 816

17, 196
50, 404
173, 508

17, 167
48, 279
166, 722

16, 931
52, 401
765, 882

16,832
52, 144
169, 473

17,604
44, 162
678, 927

17, 526
44, 591
154, 859

-0.6 -4.0
-0.5 +16.9
-77.9 +9.4

308,313
2, 207, 267

352, 628 +14.4
2, 335, 084 +5.8

273, 865

335, 643

225, 269

420, 473

349, 825

404, 607

278, 620

-16.8

+25.6

1, 994, 710

2, 162, 164

+8.4

4,709

4,679

4,684

4,687

4,764

4,736

4,746

+1.6

+0.4

57, 765
866, 529

65,547
872, 123

70, 520
897, 598

73,468
856, 029

92, 256
889, 480

70, 205
862,363

72, 676
867, 211

+25.6
+3.9

+26.9
+2.6

497, 645
5, 979, 037

483, 249
6, 073, 495

-2.9
+1.6

4,166
26,470
1,635

4,226
24, 687
1,594

4,292
7 24, 098
467

4,311
30, 762
550

4,335
35, 524
803

4,119
20, 001
99, 932

4,113
10, 331
74, 190

+0.6 +5.4
+15.5 +243.9
+46.0

193, 308
529, 708

5,223
1,569

5,422
1,151

7 5, 080
7
1, 560

4,817
1,146

4,674
1,910

4,945
1,401

3,915
2,389

-3.0 +19.4
+66.7 -20.1

32, 905
10, 574

35, 015
10, 207

+6.4
-3.5

7 1, 274
414
6,435
7,814
.563

867
1,032
3,957
5,752
.557

1,105
360
7 4, 602
7,485
.541

1,382
543
5,022
7 5, 445
.524

682
339
4,723
6,784
.525

479
707
6,221
7,456
.600

262
430
6,544
6,160
.592

-50.7 +160. 3
-37.6 -21.2
-6.0 -27.8
+24.6 +10.1
+0.2 -11.3

37, 997
48, 491

37, 457
48, 139

-1.4
-0.7

35, 270

41, 216

31,375

32,426

29, 827

29,587

+3.3

+9.6

281, 035

264, 556

-5.9

10, 423
19, 102
5,745

* 18,954
18, 191
4,071

12, 767
14, 605
5,053

4,"416

12, 723
13, 781
3,324
2
28,-953
1,681

12, 932
12, 899
3,755

2," 435

12, 721
13, 931
4,723
254,458
3,758

+0.4
+4.8
+7.0
+45.2
-35.0

-1.3
+13.2
+34.6
+88.1
+74.1

104, 155
139, 213
37, 667
6
65, 755
22, 465

98, 447
-5.5
132, 934
-4.5
33, 176 -11.9
e 91, 967 +39.9
18, 441 -17.9

2,021
499
1,388
134

1,897
515
1,266
116

1,752
461
1,190
101

141

164

1,767
496
1,154
117
2148
154

176

1,947
513
1,325
109
292
7126

-0.8 +1.7
-7.1 +2.4
+3.1 +2.5
-13.7 -9.8
+82.7 +60.9
+14.3 +43.1

14, 551
3,432
10, 262
857
6201
1,072

13, 924 -4.3
3,575 +4.2
9,494
-7.5
855 -0.2
6229 +13.9
1,181 +10.2

34
52
87
15
16
48
13
4
4
226

30
67
103
11
15
35
15
12
12
215

40
47
107
19
23
45
12
3
6
194

39
63
88
6
15
31
10
7
9
193

40
67
76
7
18
45
11
5
9
235

—2 5 +25.8
31
+3.3
61 +34! 0
69 -17.8 +27.5
5 -68.4 +20.0
-6.2
16 -34.8
47 -31.1 -34.0
-44.4
18 -16.7
3 +133. 3 +133. 3
5 +50.0 +80.0
-0.5 -1.0
195

263
427
531
54
106
299
94
41
61
1,556

253
418
668
80
119
289
95
50
59
1,544

-3.8
-2.1
+25.8
+48.1
+12.3
-3.3
+1.1
+22.0
-3.3
-0.8

88
446
228
252
79
15
280

86
385
228
214
60
13
280

68
373
202
200
50
13
248

68
406
201
180
54

78
426
248
228
57

276

281

77
387
202
179
55
14
247

0.0 -11.7
+8.8 +4.9
-0.5 -0.5
-10.0
+0.6
+8.0 -1.8
-61.5 -64.3
+11.3 +11.7

637
2,998
2,100
1,844
484
91
2,099

638
2,962
1,689
1,743
429
85
1,948

+0.2
-1.2
-19.6
-5.5
-11.4
-6.6
-7.2

462,870
264, 170

608, 100
398, 100

398, 000
237, 000

558, 200
386,400

863, 356
515, 156

7 470, 100
316, 900

198, 700
155, 000
36, 500
7,200

210, 000
167, 000
32, 200
10, 800

161, 000
124, 500
28, 900
7,600

171,800
136, 000
29,300
6,500

348, 200
250, 000
55, 000
13, 100

7 153, 200 7 282, 000 +102. 7 +23.5
7
119,500 7 200, 500 +83.8 +24. 7
7 27, 500 7 43, 900 +87.7 +25. 3
6,200 7 12, 600 +101. 5 +4.0

712,456

7

725, 798 1,313,893

144, 626
6,000
630, 102

860, 747

7

891, 626
134, 172

920, 046
390, 847

613, 880
16, 222

801, 453
59, 294

7
7

438, 276
287, 522

869, 271
444, 622

357, 982
272, 120

648, 504
212, 243

159, 783
127, 311
148, 837
35, 267
33, 952
203, 822

105, 308
342, 919
459, 215
36, 102
48, 857
319,290

27, 580
91,350
42, 158
129, 552 319, 796
378, 637
105, 205 127, 621
190, 356
45, 641
17, 639
21, 241
41, 269
40, 843
74, 071
217, 511 326, 844 7 123, 971
6
Cumulative through June 30.

1928

1939

BANKING AND FINANCE— Continued
Public Finance
Government debt, gross, end mo_mills. of dolls..
Customs receipts
.
thous. of dolls..
Total ordinary receipts,
thous. of dolls..
Expenditures chargeable to
ordinary receipts. .....
thous. of dolls..
U.S. money in circulation:
Daily average*. . .
mills, of dolls
Gold and Silver
Gold:
Domestic receipts at mint fine ounces...
Rand output
_. . _ _ fine ounces..
Monetary stock of U. S. —
daily average....
mills, of dolls..
Imports*
.
thous. of dolls..
Exports
thous of dolls .
Silver:
Production —
United States.
thous. of fine 02
Canada
thous. of fine oz_.
Stocks, end of month —
United States....
thous. of fine oz._
Canada
thous. of fine oz_.
Imports.
._._,___.
thous. of dolls..
Exports... ...
thous. of dolls..
Price at New York
.dolls, per fine oz._

Business Failures
Liabilities:
36, 356
Total commercial
...thous, of dolls..
Manufacturing
15, 001
establishments
thous. of dolls
17, 190
Trade establishments
thous. of dolls..
4,165
Agents and brokers...
thous. of dolls..
Banks, (quarter)
..thous. of dolls.. 2 37, 509
707
Liabilities, (Canada)
thous. of dolls..
Firms:
1,987
Total commercial
... _ number..
512
Manufacturing establishments number. _
1,349
Trade establishments
.
number.
126
Agents and brokers
number..
2
81
Banks, (quarterly)
number
183
Firms, (Canada)
_. . .number. _
By groups:
Manufacturers40
Metals
number
60
Textiles
number..
103
Lumber
number
12
Chemicals
_ ..number-10
Printing and engraving
number. .
44
Foodstuffs
number ._
11
Leather, etc
number
8
Liquors and tobacco
.number.
9
Stone, clay, and glass
number. .
All other
. number.
215
Traders —
101
General stores
_ _ _ .number..
Foods and tobacco
number
429
Clothing
number
233
257
Household furniture
number. _
69
Chemicals and paints
number
9
Books and paper
number..
251
All other
number

2,441

7 1, 402

1,723
450
1,161
112
7

123

217, 031 +12.3
7,852

Dividend and Interest Payments
Grand total
Interest payments
Dividend payments:
Total
...
_
Industrial and misc
Steam railroads
Street railways

thous. of dolls
...thous. of dolls..
_ thous. of dolls..
thous. of dolls, .
.. thous. of dolls _
..thous. of dolls..

7

748, 704
466, 704

+54.7 +15.3
+33.3 +10.4

3, 653, 814
2, 253, 754

4, 128, 901 +13.0
2, 516, 201 +11.6

1, 400, 060
1,017,380
229, 880
72, 800

1, 612, 700 +15.2
1, 187, 300 +16.7
257, 900 +12.2
76,500
+5.1

New Security Issues
179, 691
Foreign loans in the U S
thous of dolls
Foreign governments
thous of dolls
10, 000
Total corporation
..thous. of dolls.. 934, 530
Purpose of issueNew capital
thous. of dolls . _ 876, 203
58, 327
Refunding
thous. of dolls
Type of security559, 139
Stocks
thous of dolls
Bonds and notes
thous. of dolls.. 375, 391
Class of industryRailroads _
thous. of dolls .
21,500
Public utilities
thous. of dolls.. 320, 222
Industrials
thous. of dolls
215, 350
11, 594
Oil
thous. of dolls..
Land and buildings
thous. of dolls..
77, 314
Shipping and misc
thous. of dolls. . 279, 185
2
Quarter ending in month indicated.



55, 320

30,000

7

271, 204
48, 550
830, 434

43, 591
41, 396
323, 748

+36.6 +165. 9

1, 080, 595
539, 870
4,715,869

516, 432
52 2
41, 750 -99.9
6, 372, 599 +35.1

613, 408
217, 026

284, 803 +30.6 +181. 4
38, 945 +265. 1 +52.3

3, 208, 690
1, 507, 079

5, 745, 796 +79. 1
923, 803 -38.7

+81.2 +211. 5
-20.0 +83.7

1, 798, 269
2, 917, 600

4, 140, 608 +130. 3
2, 261, 991 -22.5

18, 874 -69.8 +46.1
57, 598 + 146.8 +455. 2
98, 810 +21.3 +29.2
-61.4 + 17.4
15,030
64,538
+ 1.0 -36.1
68, 374 +50.3 +378. 0

530, 905
1, 767, 486
927, 889
102, 327
518, 728
854, 305

478, 829
1, 737, 495
1, 459, 030
297, 410
429, 493
1, 915, 112

409, 611
420, 823

7

208, 212
115, 536

-79.3

-31.2

* Revised.

-9.8
-1.7
+57.2
+ 190. 6
-17.2
+ 124. 2

48
TREND OF BUSINESS MOVEMENTS—Continued
*

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

March

April

May

PEE CENT INCREASE (-f ) OB
DECREASE (-)

1928

1929

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

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

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1929

BANKING AND FINANCE— Continued
New Security Issues— Continued
Bond sales, (Canada):
Govt. and provincial
.thous. of dolls..
7 5, 444
Municipal
..
__thous. of dolls..
47, 326
Corporation
thous. of dolls..
States and municipalities:
7 109, 056
Permanent loans
thous. of dolls
Temporary loans ..
_. thous. of dolls..
55, 411
Tax-exempt securities outstand17,296
ing, end of month..
_
mills, of dolls..

10, 734

2,526
7,363
16,080

1,537
39, 525

7 87, 343 7 7190, 222 7 161, 047
105, 141
60, 118 7 48, 109

78, 891
51,346

137, 213
44,621

7

17,554

M6,804

10,000
1, 420
2,485

7

7 41, 266
722,712
7
6, 607

975 -79.1 +57. 6
9,565 +145. 8 +313. 2

2,158
77, 198

75,886
57, 014

-51.0
+6.7

+4.0
-9.9

16, 845

+0.2

0.0
-0.3

853,006
456, 600

788,663 -7.5
506, 549 +10.9

454, 591

631, 241 +38.9

+1.6
-2,0

+1.3

60,209 +2LO
62,535 +287.3
153,953 -25.5

+4.2

Loans outstanding, end mo.:
Federal farm loan banks
thous. of dolls.. 1, 202, 571 1,203,724 1,204,128 1,204,916 1,204,363 1, 184, 656 1, 185, 714
Joint-stock land banks
thous. of dolls.
604, 294 602, 421 599, 413 597, 956
609,580 608, 314
596, 403
Federal intermediate credit
77,609
banks
thous. of dolls.
69, 326
80,706
69,978
67, 815
68,101
68,981

49, 770
16,146
206,649

+1.7

17, 329

17,437

17,523

7

Agricultural Finances

Stocks and Bonds
Stock prices, average daily closing:
355. 10
357. 70
25 industrials, average
dolls, per share
128. 49
25 railroads, average. .. _ dolls, per share..
129.30
Southern cotton mills.
dolls, per share
98.10
98.00
Stock prices, average weekly closing:
Industrials, rails, and utilities,
189.1
186.6
(405)
- - rel. to 1926 .
193.4
All industrials, (337)..
rel. to 1926..
196.0
140.4
All railroads, (33)
.
.rel. to 1926
138.3
203.7
201.4
All utilities, (35)
rel. to 1926..
Automobiles and trucks, (13)— rel. to 1926..
284.2
277.6
Automobile tires and rubber
goods, (7)
rel. to 1926
209.8
200.3
905.1
Airplane, (9) - . rel. to 1926
923.0
Agricultural implements, (4)._rel. to 1926..
395.0 . 389.5
148.7
Chain stores, (17) .
rel. to 1926
149.6
Copper and brass, (9)
_rel. to 1926..
329.3
294.0
173.9
171.4
Food, other than meat, (20)
rel. to 1926..
Machinery and machine equipment, (10)
rel. to 1926
167.2
163.1
141.4
Oil producing and refining, (16).rel. to 1926..
147.6
Railroad equipment, (9)
rel. to 1926
144.3
142.4
143.7
Rayon (5)
rel to 1926
143.2
Steel and iron, (10) ..
rel. to 1926
186.6
190.8
Textiles, (30)
rel. to 1926
131.5
136.2
Theaters, motion pictures, and
amusements, (7)
rel. to 1926
146.2
135.8
Tobacco and tobacco products,
136.4
(10)
rel. to 1926
142.5
Traction, motor transportation,
97.4
90.4
etc , (9)
rel. to 1926
Stock yields:
3.27
Total common, (90)
percent _
3.30
Industrials, (50)
per cent..
3.21
3.25
Public utilities, (20)
.per cent . _
2.59
2.65
Railroads, (20)
.per cent . .
4.68
4.62
Nl
Preferred, high grade industrial,
5.44
(20)
per cent..
5.45
Stock sales, N. Y. Stock Exch.thous. of shares..
105, 662
82,600
Bond sales:
Miscellaneous
thous. of dolls
205, 649
201, 566
Liberty-Treasury
thous. of dolls
12, 149
9,970
Total
.
.
thous. of dolls
213, 715 215, 619
Bond prices:
Highest-grade rails.p. ct. of par. 4% bond..
87.87
88.05
Second-grade rails._p. ct. of par. 4% bond..
79.13
79.27
Public utility
p. ct. of par. 4% bond..
77.68
76.19
Industrial
p. ct. of par. 4% bond..
77.49
77.47
Comb, price index _ _ p. ct. of par. 4% bond..
80.34
80.00
Bond prices, 1st of following month:
5 Liberty bonds
p ct of par
100. 14
101. 75
16 foreign govt. and city
p. ct. of par
102. 98
103 54
Comb, price index, 66 bonds... p. ct. of par..
98.36
99.13
Bond yields:
Total, 60 high grade..
per cent..
4.69
4.69
Railroads (15)
per cent..
4.59
4.59
Industrials (15)
_
per cent..
5.02
5.02
Utilities (15)
...
_. ..per cent
4.81
4.85
4.32
Municipal (15)
per cent..
4.29
4.34
Municipal bond yield (20)
per cent..
4.25
U. S. Treasury notes and
4.82
certificates, 3-6 months
per cent..
4.79
Liberty and Treasury bonds
per cent..
3,76
3.67
T Jieyised.




363.37
128.95
96.77

372. 70
134.37
95.15

414.04
149.27
92.45

252. 94
118. 64
110. 42

257. 98
119. 18
108. 17

187.8
192.6
138.7
212.3
260.5

190.7
191.0
144.8
233.0
241.7

207.2
202.7
160.0
272.8
241.0

145.3
148.2
126.7
148.1
235.3

144.2
147.8
124.6
145.3
238.4

+8.7
+6.1
+10.5
+17.1
-0.3

184.4
1, 147. 0
399.8
148.3
279.8
172.0

184.9
1, 069. 0
380.5
144.5
270.8
175.6

184.9
1,131.0
418.6
148.0
280.8
189.1

115.8
576.6
259.9
136.8
147.5
152.4

113.3
565.2
263.9
135.3
150.0
158. 1

+0.1 +63.2
+5.8 +100.1
+10.0 +58.6
+2.4
+9.4
+3.7 +87.2
+7.7 +19.6

160.8
146.3
138.2
143.4
185.3
127.0

159.4
144.1
141.7
138.0
188.2
122.4

171.8
149.1
148.5
126.6
211.5
120. 3

132.3
112.0
127.1
178.2
137.7
126.3

132.7
110.9
125.1
167.0
136.6
120.3

+7.8
+3.5
+4.8
-8.3
+12.4
-1.7

+29. 5
+34.4
+ 18.7
-24.2
+54.8
0.0

140.1

133.4

139.0

111.5

111.0

+4.2

+25.2

139.1

135. 1

139.1

134.9

134.3

+3.0

+3.6

85.8

83.7

83.0

97.3

96.0

-0.8

3.32
3.30
2.48
4.79

3.10
3.27
1.93
4.17

4.13
4.12
3.43
5.03

4.14
4. 11
3.48
5. 14

-6.6
-4.4
-13.1
-9.7

5.45
91, 279

3.32
3.42
2.22
4.62
*
5.49
69, 548

-13.5
i:
-25. 1
-20.4
-44.5
-18.9

5.52
93, 379

5.32
63, 741

5.40
39, 001

+0.5 +2.2
+34.3 +139. 4

225, 716
8,851
234, 567

227, 676
9,848
237, 524

295, 577
13, 330
308, 907

246, 885
14, 517
261, 402

183, 815
25,240
209, 055

+29.8 +60.8
+35.4 -47.2
+30.1 +47.8

87.81
79.13
75.03
76.51
79.33

86.37
78.59
74.32
75.29
78.37

86.06
78.55
73.25
75.24
77.99

92.04
84.42
79.51
79.39
83.54

90.62
83.09
79.47
77.74
82.45

-0.4
—0.1
-1.4
-0.1
-0.5

-5.0
—5.5
-7.8
—3 2
—5.4

100.24
103. 49
97.91

100.87
103. 30
97.69

100.64
103. 60
97.95

105. 16
104.84
101. 14

103.20
104. 85
100.05

—0 2
+0.3
+0 3

—2 5
—1 2
—2 1

4.69
4.58
5.06
4.85
4.23
4.30

4.73
4.65
5.09
4.90
4.26
4.33

4.73
4.67
5.09
4.90
4.28
4.33

4.50
4.35
4.91
4.66
4.09
4.06

4.54
4.44
4.95
4.68
4.13
4.13

0.0
+0.4
0.0
0.0
+0.5
0.0

+4.2
+5 2
+2.8
+4.7
+3 6
+4.8

5.04
3,67

4.89
3.71

4.49
3.68

•3.92
3.40

4.12
3.50

-8.2
-0.8

+9.0
+5.1

+11.1 +60.5
+11.1 +25.2
-2.8 -14.5

+43.7
+37.1
+28.4
+87.7
+1.1

1, 791, 800 1, 566, 058 -12.6
77,424 -34.6
118, 395
1, 910, 195 1, 643, 482 -14.0

1

49

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

March

April

May

PEE CENT INCREASE (+) OR
DECREASE (— )

1938

June

July

June

July

July,
1929,
from
June,
1929

July,
1929,
from
July,
1928

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1938

1939

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

BANKING AND FINANCE— Continued
Stocks and Bonds— Continued
Long-term real-estate bonds issued:
Grand total
thous of dolls
Purpose of issueFinance construction.__thous. of dolls. .
Real-estate mortgage. _. thous. of dolls..
Acquisitions and
improvements
thous. of dolls __
Kind of structure—
Office and commercial. .thous. of dolls..
Hotels
thous. of dolls
Apartments _ .
__ thous. of dolls .

68, 431

21, 711

22, 868

20, 025

36, 790

66, 364

48,495

+83.7

-24.1

444, 206

264,939 -40.3

23, 250
31, 663

12, 962
4,529

8,720
4,148

4,295
4,800

24, 660
4,556

27,400
6,763

18, 581 +474. 2
24,079
-5.1

+32.7
-81.1

180, 080
139, 784

96, 442 -46.4
68, 765 -50.8

9,280

2,000

2,275

7,485

2,390

2,610

+58.3

45, 976

52,500 +14.2

22, 340
375
1,375

5,390
7,810
1,722

4,760
2,900
1,885

10, 845
700
2,200

24, 860
1,175
1,582

22, 430
885
4,085

9,786 +129.2 +154. 0
4,020 +67.9 -70.8
4,600 -28.1 -65.6

155, 376
31, 960
26, 864

87, 430 -43.7
15, 235 -52.3
13, 849 -48.4

1,510

-68.1

Corporation Stockholders
(Quarterly)
Pennsylvania Railroad Co.:
Domestic ...
number.. 2 157, 211
Foreign
._
number..
2 2, 996
U. S. Steel Corp. common stock:
Domestic- _
number.. 2 101, 767
2
Foreign
.. .number
1,804
Shares held by brokers
per ct. of total..
2 23. 68
American Telephone & Telegraph Co.:
Domestic
.
number.. * 443, 570
Foreign
number..
25,415

2 153, 294
2 3, 016
• 103, 805
9
1, 807
• 25. 27

» 453, 434
2 5, 425

+0.8
-0.6

+3.4
-1.3

2 96, 649
21,688
2 22. 79

+2.0
+0.2
+6.7

+7.4
+7.0
+10.9

2 427, 195
2 5, 172

« 158, 456
2 2, 978

+2.2
+0.2

+6.1
+4.9

FOREIGN EXCHANGE BATES
Europe:
England
France
Italy
Belgium.
Netherlands
Sweden
Switzerland
Asia:
Japan
India
America:
Canadian
Argentina
Brazil
Chile.

dolls, per £ sterling
doHs. per franc..
dolls, per lira..
dolls, per franc
dolls, per guilder..
dolls, per krone..
dolls, per franc..

4.85
.039
.052
.139
.401
.267
.192

4.85
.039
.052
.139
.401
.267
.193

4.85
.039
.052
.139
.402
.267
.193

4.85
.039
.052
.139
.402
.268
.192

4.85
.039
.052
.139
.401
.268
.192

4.88
.039
.053
.140
.403
.268
.193

4.86
.039
.052
.139
.403
.268
.193

0.0
0.0
0.0
0.0
-0.2
0.0
0.0

-0.2
0.0
0.0
0.0
-0.5
0.0
-0.5

dolls, per yen..
dolls, per rupee..

.445
.364

.446
.363

.447
.362

.439
.360

.456
.360

.466
.365

.459
.363

+3.9
0.0

-0.7
-0.8

dolls, per Canadian doll..
dolls, per gold peso..
..dolls, per milreis..
dolls, per paper peso..

.994
.956
.118
.121

.992
.956
.118
.121

.993
.955
.119
.120

.992
.953
.119
.120

.995
.954
.119
.120

.998
.969
.120
.122

.998
.961
.119
.121

+0.3
+0.1
0.0
0.0

-0.3
-0.7
0.0
-0.8

i 383, 818 7 410, 666 400, 149
Grand total
thous. of dolls
By grand divisions:
EuropeTotal
thous. of dolls.. 109,812 7 113, 942 113,790
14, 522 7 11, 432 7 13, 954
France
__ _. thous. of dolls
Germany — 1
..thous. of dolls..
20, 766 7 24, 426
20, 626
8,518
10, 374
Italy . .
thous. of dolls
79,819
United Kingdom
thous. of dolls
31, 458 7 29, 973
29, 753
North AmericaTotal
thous. of dolls..
92, 253 * 93, 639 7 92, 363
Canada
..thous. of dolls..
39, 938 1 40, 395
44, 330
South AmericaTotal
thous. of dolls
60, 716 7 61, 284 7 53, 628
Argentina
thous. of dolls
9,172
12, 679 7 13, 063
Asia and OceaniaTotal
thous. of dolls.. 110, 470 7124,500 7 130, 059
Japan..
thous. of dolls
36, 020 7 28, 819 7 33, 828
Africa, total...
__
thous. of dolls..
10, 541
10, 308
17,300
By economic classes:
Crude materials
. . . thous. of dolls
M38,645 7 146, 932 7 141, 697
Foodstuffs, crude, and
fond arnm^lg
thons. of do^S
7 48, 943 7 52, 172 7 46, 561
Manufactured foodstuffs thous. of dolls.. 7 44, 330 7 45, 919 7 42, 290
Semimanufactures.
thous. of dolls..
70, 525 782,264 7 85, 917
Finished manufactures
thous. of dolls..
81, 375 7 83, 379 7 83, 684
2 Quarter ending in month indicated.
« Cumulative through June 30.

353, 400

354, 150

317, 249

317, 848

+0.2

106, 427
13, 267
19, 328
10, 608
25, 378

95, 532
11,918
15, 793
8,145
27, 871

81, 898
44,292

U. S. FOBEIGN TBADE
Imports




+11.4

2, 403, 780

2, 640, 522

97, 596
11, 321
20, 668
6,956
28, 103

« 601, 752
6 72, 157
6 102, 263
8 49, 797
« 175, 644

6 655, 423 +8.9
6 80, 665 +11.8
8 125, 998 +23.2
« 56, 613 +13.7
« 169, 586 -3.4

73, 905
41, 027

77, 473
41, 798

e 489, 560
« 232, 069

8 522, 363
6
247, 989

50, 740
8,342

51, 102
10, 319

45,894
8,119

« 302, 126
e 57, 026

« 344, 428 +14.0
« 63, 279 +11.0

107, 848
32, 483
6,488

87, 237
22, 317
9,472

89, 788
24, 888
7,037

e 643, 628
8 186, 700
« 48, 892

« 701, 512 +9.0
« 191, 732 +2.7
8 62, 617 +28.1

120, 724

119, 611

40, 955
36, 527
75, 557
79, 637

42,954
32, 993
71, 620
86, 972

109, 666 7 106, 065
48, 325
30, 005
57, 655
71, 597

-0.9

+12.8

43, 174
+4.9
-0.5
33, 314
-9.7
-1.0
7 60, 038
+19.3
7 75, 258
+9! 2 +15.6
7 Revised.
8
Period ending July 31.

+9.8

+6.7
+6.9

890, 376

947, 651

334,813
246, 713
427, 969
503, 910

329, 450 -1.6
267, 596 +8.5
526, 357 +23.0
569,468 +13.0

+6.4

50
TREND OF BUSINESS MOVEMENTS—Continued.
1929

The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 13 S of the
August, 1929, "Survey"

March

April

PER CENT INCREASE (+) OR
DECREASE (-)

1938

July,
1929,
from
June,
1929

June

July

June

July

7 489, 855 7 425, 293 7 384, 850

393, 293

401,000

388, 661

378, 984

7 211, 894 7 172, 223 7 146, 025
24, 621
19, 444 7 13, 248
32, 993 7 26, 541 7 23, 927
15, 057 7 13, 065
9,771
75, 659 7 59, 290 7 54, 431

153, 988
14, 603
21, 261
12, 642

161, 579
15, 733
28, 371
11, 254

52,298

7 130, 702
7 90, 634

128, 035 7 132, 897
91, 928 7 97, 905

115, 658
80, 481

7 35, 852

July,
1929,
from
July,
1928

152, 377
15, 918
22, 094

May

CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31

1928

1929

Perct.
in-

crease
(
or~$
decrease
(-)
cumulative
1929
from
1928

U. S. FOREIGN TRADE— Continued
Exports
Grand total, including
reexports
thous. of dolls..
By grand division:
EuropeTotal
_
..thous. of dolls__
France
thous. of dolls
Germany
thous of dolls
Italy
thous. of dolls
United Kingdom
thous. of dolls
North America—
Total
thous. of dolls
Canada
thous of dolls
South AmericaTotal
thous. of dolls..
Argentina
thous. of dolls. .
Asia and OceaniaTotal
thous of dolls
Japan
...
thous. of dolls
Africa, total
thous. of dolls. .
By economic classes:
Total domestic exports only.thous. of dolls. .
Crude materials
thous. of dolls..
Foodstuffs, crude and
food animals
thous. of dolls
Manufactured foodstuffs. .. thous. of dolls..
Semimanufactures __
thous. of dolls
Finished manufactures
thous. of dolls..
Agricultural exports, (quantities) :
All commodities
. rel. to 1910-1914.
All commodities except
cotton
rel . to 1910-1914.

+5.8

3, 024, 068

+9.7

61,098,309 « 1, 119, 908

+2.0

+2.0

2, 756, 973

52, 155

11,853

6 102, 506
a 206, 038
6 76, 912
6 384, 855

8 122, 592 +19.6
6 180, 220 -12.5
6 79, 242 +3.0
6 402, 304 +4.5

114,009

81, 883

110, 770
77, 324

6 628, 543
« 429, 264

6 724, 875 +15.3
« 502, 637 +17.1

49, 690

38, 999

43,907
16, 736

« 217, 562
6 80, 169

« 288, 006 +32.4
6 108, 110 +34.9

761,535

61, 667

63, 528

21,637

61, 979
17, 987

8 378, 619
6 122, 922
6 54, 956

8 422, 888 +11.7
6 126, 540 +2.9
« 67, 183 +22.2

7 481, 716 7418,080 7 376, 919
7 86, 458
71, 247 7 57, 407

386,827

394, 296

380, 305
74, 918

371, 471
60, 177

+1.9
+6.1
-10.1 -16.2

2, 696, 150
598, 264

2, 972, 754 +10.3

21, 212
21, 651
15, 814
42, 996 7 37, 448 735,922
7 66, 896 7 65, 429 7 59, 662
7 263, 715 7 228, 141 7 202, 717

14, 534
34, Oil
62, 134
220, 018

20, 286

60, 539
227, 202

7 17, 243
7 31, 137
7 63, 046

+39. 6 +42.7
+5.4 +16.9
-2.6 -1.4
+3.3 +10.8

111, 361
252, 612
430, 379
1, 303, 534

147, 217 +32.2
273, 392 +8.2
443, 326 +3.0
1, 574, 188 +20.8

692, 026
701, 079

778, 573 +12.5
695, 396 -0.8

7 53, 054
19, 122

7 44, 386
15, 874

713,886

7 79, 810
23, 086
7 14, 395

69, 491
7 20, 522
7 11, 156

7 17, 380
7 8, 541

52,824

20,464

35,686

16,966
12,289

56, 130

10, 546

50,445

9,950

7193,961

7 14, 217
7 30, 661
61, 397
205, 019

102

86

79

69

70

76

64

129

112

122

102

117

91

84

+14.7 +39.3

135, 290
117, 520

97, 517
67, 154

125, 615
109, 436

111,949

114, 201
105, 686

110, 694
109, 139

103, 404
127, 369

+2.0 +10.4
-7.7 -17.0

534,631 -10.6

35,852

+1.4

+9.4

CANADIAN FOREIGN TRADE
Total trade:
Imports
Exports




.

thous. of dolls
.. thous. of dolls...

8 Cumulative through June 30.

114, 492

7 Revised.







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