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U. S. DEPARTMENT OF LABOR JAMES J. DAVIS, Secretary BUREAU OF LABOR STATISTICS ETHELBERT STEWART, Commissioner MONTHLY LABOR REVIEW NUMBER 2 VOLUME 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEBRUARY, 1928 UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON 1928 C E R T IF IC A T E T h is p u b lic a tio n is is s u e d p u r s u a n t t o th e p ro v is io n s o f th e s u n d r y c iv il a c t (41 S ta ts 1430) a p p ro v e d M a r c h 4, 1921. A D D IT IO N A L COPIES OF THIS PUBLICATION MAY B E PROCURED FROM T H E S U PE R IN TEN D EN T OF DOCUM ENTS U . S. GOV ERN M EN T P R IN TIN G OFFICE W A SHINGTON , D . C. AT 15 C E N T S PE R COPY S u b s c r ip t io n P U https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis n it e d Sta tes, C anada , M r ic e e x ic o , P er $1.50; Y ear Other C o u n t r ie s , $2.25 Contents Special articles: Page T rade-union old-age pensions a n d hom es for th e aged a n d tu b e rc u la r. 1-29 Science a n d th e w orker, b y Jam es J. D avis, S ecretary of L a b o r--------29-36 Public retirement systems: F ederal em ployees’ re tire m e n t a c t----------------------------------------------------- 37-47 Public-service retire m e n t system s in foreign co u n tries---------------------- 47-73 Productivity of labor: A ustralia— P ro d u c tiv ity of la b o r----------------------------------------------------- 74-76 Industrial relations and labor conditions: M igration of U n ited S tates in d u s try ------------------------------------------------ 77-79 79 Ja p a n — In d u s tria l d istrib u tio n of w o rk ers--------------------------------------N ova Scotia— C ooperation betw een m ine w orkers an d o p e ra to rs----- 79, 80 S outh A frica— F a c to ry c o n d itio n s--------------------------------------------------- 80, 81 Women in industry: Studies in p re p a ra tio n b y U n ited S ta te s W om en’s B u re a u ----------------82, 83 W age-earning girls in C in c in n a ti----------------------------------------------------- 83, 84 Child labor: E m p lo y m en t certificates g ra n te d in various S tates a n d cities------------ 85, 86 In te rn a tio n a l prog ram for p ro tectio n of young w orkers-------------------- 86, 87 B razil—-Protection of m inors b y decree----------------------------------- — - 87 Industrial accidents: A ccidents on steam railro ad s in th e LTnited S tates in 1923 a n d 1926._ 88, 89 A ccident experience in th e F ed eral d e p a rtm e n ts------------------------------ 89-91 New Y ork— D ecrease in sev erity of in d u stria l accid en ts------------------- 92, 93 93 P eru— In d u stria l accidents in Lim a, 1924 to 1926---------------------------- Health and industrial hygiene: In d u stria l hygiene w ork of U n ited S tates Public H e a lth S ervice--------94-96 Sick leave am ong em ployees in th e D e p a rtm e n t of C om m erce during 1926__________________________________________________________________ -96 Workmen’s compensation and social insurance: A laska— P rio rity of lien of com pensation la w ---------------------------------- 97-99 Chile— Sickness a n d in v a lid ity i n s u r a n c e . -----------------------------------99-101 G reat B ritain — N ew un em p lo y m en t insurance a c t------------------------ 101, 102 Workers’ education and training: N eed of a clearing house fo r o ccupational stu d ies----------------------------- 103 Industrial disputes: S trikes an d lockouts in th e U n ited S ta te s in D ecem ber, 1927--------- 104-110 C onciliation w ork of th e D e p a rtm e n t of L abor in D ecem ber, 1927__ 110—112 C olorado— C om pulsory in v estig atio n of in d u stria l d isp u te s----------- 113—117 C hina— S trikes in 1925 a n d 1926------------------------------------------------- 117, H 8 G erm any— E n d of lo ck o u t of cigar m a k e rs----------------------------------- 118, 119 In d ia— In d u s tria l disputes, first h alf of 1927-----------------------------------119 Wages and hours of labor: In d ex n um bers of wages, 1840 to 1926---------------------------------------- 129> 121 C alifornia— W ages of m ilkers in th e d airy in d u stry , 1906 to 192 7 .. 121, 122 Belgium — R ep o rt of com m ission on eight-hour d a y ---------------------- 122-125 in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IV CONTENTS W ages and h o u rs of lab o r— C ontinued. B razil— W age ra te s in 1926__________________________ _ G erm any— P a y m e n t fo r o v e rtim e ______________________ ______ "~~125-12S J a p a n — M inim um wages in T okyo build in g tra d e s ___ 128 Sw itzerland— W ages in 1926___________________________ i 9 a 19Q T rend of em plo y m en t: E m p lo y m en t in selected m an u fa c tu rin g industries, D ecem ber, 1927. 130-152 E m p lo y m en t a n d p ay-roll to ta ls on Class I railroads, N ovem ber, 1926, an d O ctober a n d N ovem ber, 1927_____________________ _ ’ 153 S ta te rep o rts on em p lo y m en t— C aliforn ia---------------------------------------------------------------------------Io w a----------------------------------------------------------’ M ary la n d _______________________________ __ New Je rse y ---------------------------------- N i r N N N N N I N I I I I N N I s S , 15® T 1 Y° r k ~;------------------------------------------------------------------------- 160, 161 P e n n sy lv a n ia ----------------------------------------------------------------------- 162> 163 W isconsin________________________________________ W holesale and re ta il p ric e s: R etail prices of food in th e U n ited S ta te s ____________________ 165-188 R etail prices of coal in th e U n ited S ta te s_____________________ 188-192 R etail prices of gas in th e U n ited S ta te s___________________ 193 R etail prices of electricity in th e U n ited S ta te s__________________ 195-198 Index num b ers of wholesale prices in D ecem ber, 1927____________ 199 200 A verage w holesale prices of com m odities, O ctober to D ecem ber 1927 ayd year, 1927------------------------------------------------------------------201-217 Cost of liv in g : C hanges in cost of living in th e U nited S ta te s___________________ 218-231 R esolution in fav o r of new cost-of-living su rv e y ___________________ 232 Increasing consum ption of p o rk p ro d u c ts in th e U n ited S ta te s 232 233 Econom ics of in sta llm e n t selling__________________ ________ 233-236 Illinois— Incom e an d living sta n d a rd s of unskilled lab o rers in Chicago 236 237 P eru— C ost of liv in g ______ y____________________ _ _ _____ ’ 23g Labor aw ards and d e c isio n s: A w ards an d decisions— L ocom otive firem en— W estern ra ilro a d s_____________________ 239 240 R ailroads D ecisions of T ra in Service B oards of A d ju stm e n t. 240-243 Signalm en L ouisville & N ash v ille R a ilro a d _______________ 243 Im m igration and e m ig ra tio n : S tatistics of im m ig ratio n for N ovem ber, 1927______________ 244-248 In te rn a tio n a l C onference of P riv a te A ssociations for P ro tectio n of M ig ran ts---------------------------------------------------------------------------------- 248 240 A ctivities of State lab o r b u re a u s : C alifornia, Iow a, M ary lan d , N ew Jersey, New York, P en n sy lv an ia an d W isconsin__________________________________ ’ P ublications relatin g to lab o r: Official— U nited S ta te s_______________________________________ 2 ^i Official— Foreign countries _ o ro ’ otr a Unofficial------------------------------ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1::::::::::;::;;:::;::::::: Ifdlt 9^9 This Issue in Brief The question of care for aged or disabled trade-unionists is receiving more and more attention from labor organizations. At present 10 national or international unions pay old-age pensions to members who fulfill certain requirements as to age, union membership, and physical and financial condition. In addition, several other unions, while not paying a regular pension, do provide some sort of old-age benefit. There are also five homes for the aged or disabled members and in two cases there is a tuberculosis sanatorium in connection with the home. A number of other labor organizations which do not operate their own sanatoriums, make financial contributions toward the support of certain private institutions with the idea that this will entitle members to treatment therein, and others either pay tubercu losis benefits to the afflicted member or pay his expenses in a sanato rium of his choosing (p. 1). Accident rates among Government employees are in many instances in excess of those in steel mills. During 1926 five branches of the Federal service showed increases in rates over 1925 and four showed decreases. The rate for all Government service was 15.33 as compared with 15.37 in 1925 and an average of 14.64 for the six-year period ending with 1926 (p. 89). The employees’ retirement act of the United States Government, as now in operation, is analyzed on page 37. This is followed by an article describing the retirement systems in five European countries— Austria, Belgium, Czechoslovakia, Germany, and Switzerland. Simi lar accounts of the French and English systems were given in the January (1928) issue of the Review. Discussing the benefits which wage earners have derived from scientific discoveries and inventions, the Secretary of Labor holds that the gains in greater productivity will be shared by all. “ In the new industrial system hours will be shortened, wages will be maintained and more broadly distributed, and the leisure that will come, the ‘time to think/ may be used by the vast majority of our workers to obtain better education, higher intellectual levels, and a still higher standard of living” (p. 29). The average amount of sick leave among approximately 3,500 em ployees in the Department of Commerce in the District of Columbia during the year 1926 was 6.36 days. This is somewhat below the commonly accepted estimate of 8 days lost per person per year but is a higher rate than that of many industrial establishments which have stressed the preventive feature in their medical work (p. 96). Studies of industrial health hazards, carried out by the division of industrial hygiene and sanitation of the United States Public Health Service during the fiscal year 1927, show a high rate of disability from respiratory diseases among workers in dusty trades. In the cement industry, diseases of the upper respiratory tract were most common https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis v VI MONTHLY LABOR R E V IE W and the incidence of pneumonia and tuberculosis was relatively low, while m granite cutting the chief hazard is a rapidly fatal form of pulmonary tuberculosis. In anthracite coal mining, miners and miners’ helpers are exposed to enormous quantities of dust, which, however, contain relatively little free silica except in the case of rock dust from new drilling operations, while in different kinds of metal polishing there may be exposure to large amounts of silica (p. 94). The cost of living in the United States was 0.8 j)er cent lower in December, 1927, than in June preceding and 2.1 per cent less than in December, 1926, according to the semiannual survey of cost of living in various cities made by the Bureau of Labor Statistics (p. 218). . Compulsory investigation as a means of preventing major industrial disputes is ol doubtful value, in the opinion of recent investigators of the operation of the Colorado Industrial Commission act. A review of the compulsory-investigation features of this act and of experience under it, with a discussion ol the value of the plan and recommenda tions looking toward greater effectiveness in its administration, is published on page 113. Average wages or earnings per hour in general industry, other than farming, were 129 per cent higher in 1926 than in 1913, according to a compilation snowing the index numbers of hourly wages from 1840 to 1926, prepared by the Bureau of Labor Statistics. A separate compilation for farm labor covering the years 1866 to 1926, prepared by the Department of Agriculture, shows that average farm wages were 64 per cent higher in 1926 than in 1913 (p. 120). Installment selling has a tendency to stabilize, increase, and speed up production, according to Prof. E. R. A. Seligman, who has recently directed an intensive survey of this credit system with special refer ence to the automobile. While acknowledging that this method of selling is “ subject to the perils of novelty” he suggests that in its future refined development such credit may be recognized as a significant and valuable economic contribution (p. 233). A Chilean law providing for compulsory insurance against sickness and invalidity grants the following benefits to an insured person: An invalidity pension; an old-age pension; a sick benefit; funeral ex penses of 300 pesos; medical attention and hospital care; and financial aid, medical care, and a nursing benefit for expectant mothers (p. 99). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVI EW OF U. S. BUREAU OF LABOR STATISTICS vo l . 26, n o . 2 WASHINGTON Feb r u a r y , 1928 Trade-union Old-age Pensions and Homes for the Aged and Tubercular r T",HE January, 1927, issue of the Labor Review contained the first of a series of articles dealing with trade-union activities. It covered the provision made by trade-union organizations for their sick, aged, and disabled members by means of various types of “ benefits” and insurance. The present article is a continuation of the same subject. A matter that is receiving more and more the attention of organized labor is the question of what shall be done to care for members who by reason of age or of mental or physical disability become unable to work at the trade. A number of unions have expressed them selves as being in favor of old-age pensions provided by the State or Federal Government. Several States have already adopted such measures, and the 1927 convention of the American Federation of Labor authorized the executive committee to have drafted a bill providing for old-age pensions, the passage of which local tradeunion bodies are to work for in States where there is as yet no such legislation. Pending the general acceptance of the principle, some labor organizations are providing such care as they are able for their infirm members, to prevent their becoming a public charge. To date 10 national or international unions—those of the bridge and structural-iron workers, bricklayers, electrical workers, granite cutters, printing pressmen and assistants, street-railway employees, printers, locomotive firemen and enginemen, locomotive engineers, and railroad trainmen—have adopted an old-age pension plan for those of their members who fulfill certain requirements as to age, union membership, and physical or financial condition.1 Of these, six also operate a home for aged or disabled members, there being a choice between receipt of the pension and residence at the home. The Order of Railway Conductors has established a home but has discontinued its pension. In addition to these unions, several others provide some sort of old-age benefit. Thus the quarry workers pay, to their members who reach the age of 60 and have had 10 years’ continuous membership in the union, $50, which is deducted from the funeral benefit. The oil field and gas well workers exempt aged members from the payment of union dues, while in the paving cutters’ union the dues of a superannuated member are reduced to 1 Some local unions also pay old-age benefits, but as tbe present study was confined to the organizations of national scope, no attempt was made to gather local data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [213 j 1 2 MONTHLY LABOR R EV IEW 25 cents a month. Federal employees—postal clerks, letter carriers, railway mail clerks, and other Government employees—are covered by the Federal retirement law, thus relieving the respective unions of the task. There are five homes for the aged and disabled which are owned and operated by labor organizations for the benefit of the member ship. One of these—the Home for Aged and Disabled Railroad Employees of America—is owned and operated jointly by three train-service brotherhoods. Two institutions, those of the Inter national Typographical Union and of the International Printing Pressmen and Assistants’ Union, also have a tuberculosis sanatorium in connection with the home. The local unions of the International Stereotypers and Electrotypers’ Union own a small bungalow where tubercular members live and receive treatment; and a tuberculosis colony has been started by the telephone workers of Los Angeles. These undertakings range from a very modest and unpretentious plant to one which has become a model of its kind, entailing a very large annual expense; but they are all doing, in a large or small way, a most valuable work in caring for the sick and disabled members of their crafts. The question of providing a home for aged and disabled members has frequently been before the conventions of the American Flint Glass Workers’ Union, and the matter was referred by the 1924 meeting to the national officers for further study. They reported to the 1927 convention that, in their opinion, such a step was im practicable, because of the expense, for a union of the size of the flint, glass workers’ organization.2 The same question has been agitated in the Brotherhood of Mainte nance of Way Employees but no action has been taken. OLD-AGE AND DISABILITY PENSIONS UYF THE 10 unions which pay an old-age pension, the Granite ^ Cutters’ International Association of America was the pioneer, establishing its pension in 1905. The street-railway employees’ organization had, prior to 1912, an old-age benefit of from $1 to $3 per week. In 1912 the system was changed, the benefit being com muted to a lump sum upon the member’s reaching 65 years of age. This was done in order to enable a retired member to engage in some new business. Payment of benefits under the new scheme began in 1915. The International Typographical Union inaugurated its pension system in 1907 and began payment of such pensions in 1909, and the locomotive engineers followed suit in 1913 and the bricklayers in 1915. The year 1920 saw the establishment of old-age pensions by the bridge and structural-iron workers and the locomotive firemen and enginemen. Two pension schemes were adopted in 1925—those of the printing pressmen and of the railroad trainmen. The Brother hood of Electrical Workers in its 1927 convention adopted an old-age pension plan. a 6,564 members in 1927, of whom 5,264 are actually employed at the trade. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1214] T R A D E -U N IO N OLD-AGE PE N SIO N S AND HOMES FOR AGED 3 Requirements for Receipt of Pension HTHE age and membership requirements of the unions which have established old-age pensions have undergone modification from time to time. At present, however, the age at which the member becomes eligible to the pension is set at 60 by the bricklayers, the bridge and structural-iron workers, the printing pressmen, and the printers;3 at 62 by the granite cutters; and at 65 by the electrical workers, the locomotive engineers, the street-railway employees, and the locomotive firemen and enginemen. The last named also pays pensions for disability (1) to active members disabled for engine service, and (2) to retired members disabled for any occupation; in these cases there is no age requirement. Requirements as to membership in the union vary considerably. One year’s membership in the Brotherhood of Locomotive Engineers entitles to the receipt of the old-age pension;4 membership of 2 years is required by the locomotive firemen and enginemen and the railroad trainmen, of 20 years by the bricklayers, the bridge and structuraliron workers, the electrical workers, the printing pressmen, and the street-railway employees, and of 25 years by the granite cutters and the printers. The bricklayers, the bridge and structural-iron workers, the printing pressmen, and the street-railway employees require also that the specified membership must have been continuous. Applicants for the pension in the bricklayers’ and the bridge and structural-iron workers’ unions must show that they are unable to secure employment in any industry, because of bodily infirmity, and that they are without other means of support. Members of the Brotherhood of Locomotive Firemen and Enginemen who have been retired from active service by reason of age or who attain the age of 65 and retire voluntarily become eligible for the pension of the brotherhood without fulfilling any requirement as to their physical or financial condition. To receive the pension for disability, how ever, a member must show that he is permanently and totally dis abled—for engine service, if he is still in active service at the time of becoming disabled;6 if he is not in active service, for any kind of employment in which his earnings are sufficient to support him. The Brotherhood of Locomotive Engineers makes practically the same provision, but adds two other classes of pensioners—members who resign or are dismissed or lose their positions and those who were not in active service at the time of joining the brotherhood. In the former case, the member becomes eligible for pension only after a membership of 12 years and upon reaching the age of 60 years, except in cases where it is shown that the member is “ physically and men tally unable to perform remunerative employment,” in which event he becomes entitled to benefits on the same terms as active members. In the latter case the member must reach 70 years before attaining a pensionable status and must show inability, from physical, mental, or other causes, to secure remunerative employment. Only members 3 B y action of 1927 convention; formerly 65 years. In cases of incapacitated members with continuous membership of 20 years whom the Union Printers’ Home is unable to accommodate the age lim it required for the pension may be waived. 4 Except in the case of members who resign or lose their positions or are dismissed,! n which case 12 years’ membership is required. «If he ever becomes able to resume engine service he ceases to receive the pension. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [215] 4 MONTHLY LABOR R EV IEW incapacitated for employment in the trade are entitled to the old-age pension paid by the printing pressmen’s and the printers’ unions, while the railroad trainmen require proof of permanent total disquali fication for work from physical or mental causes or old age. The bridge and structural-iron workers provide also that a disa bility pension is payable to any member in continuous good standing for 15 years who is disabled by an injury sustained in the course of his employment, provided (1) that the injury “ was not contributed to or brought about by his own improper conduct,” (2) that the member is unable to secure sustaining employment at any occupation, and (3) that he has no other means of support. The locomotive firemen and enginemen and the railroad trainmen specifically provide that “ no member will be entitled to a pension on account of disability caused while under the influence of intoxicants or narcotics or while participating in war, riots, disreputable or unlawful acts,” and the Brotherhood of Locomotive Engineers bars pensions for disability caused by the use of intoxicants or by unlawful acts. Return to active work causes a forfeiture of the pension paid by the railroad trainmen, while the bridge and structural-iron workers provide that a pensioner loses his pension for any month in which his income from other sources than the pension reaches $60, the pensioner being “ deemed to have secured sustaining employment for that month.” The locomotive engineers cease payment upon return to active engine duty, but the pensioner may perform remunerative labor other than that of his trade and still retain his pension; this provision is made also by the firemen and enginemen. The Inter national Typographical Union formerly provided that any annuitant who received pay for two days’ work in any week should forfeit his pension for that week. The 1927 convention made a change in this provision, taking the view that pensioners should be encouraged, as an aid to preserving self-respect, to do whatever work they are able to perform without being penalized by the loss of the pension. Here after pensioners may perform not more than two days’ paid work per week and still receive the pension. The Printing Pressmen and Assistants’ Union has the same provision. Amounts of Annuity, and Expenditure for Pensions "TABLE 1, below, shows, for each of the unions which pay old-age pensions, the number of annuitants, the size of the pension, and the amounts paid in pensions during the union’s latest fiscal year and during the whole period since the plan has been in operation. As the table indicates, several of the unions continue payment of the pension to the widow as long as she remains unmarried, or if she has reached a specified age and has no means of support. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1216] 5 FR A D E-Ü N lÖ N OLD-AGE PEN SIO N S AND HOMES FOR AGED T 1 . — N U M B E R OF P E N SIO N E R S, A M O U N T OF PE N SIO N , A N D A M O U N T S D IS B U R SE D T H E R E F O R IN LAST FISCAL Y E A R A N D W HOLE PE R IO D , B Y U N IO N S able Union Bricklayers__ ____ _______________ Bridge and structural-iron workers. Electrical workers______ _________ Granite cutters_________ ________ Locomotive engineers.......................... Locomotive firemen and enginemen. Printers_________________________ Printing pressmen. _____ _________ Quarry workers__________________ Railroad trainmen_________ ____ Street-railway em ployees............. . T o t a l....__________________ Number at pres ent in receipt of pen sion Amount paid in pensions in— Amount of pension per member Latest fiscal year Whole period of operation i 2,954 331 (•) 405 * 4,467 230 2,430 244 7 18 2 110 7 80 $7 per w eek ................... $1,021, 858 $25 per month_______ 86,300 $10 per m onth_______ « $60 per year 3____ _ 16,335 $25 to $65 per month 6. 988, 519 $30 to $70 per month 8. (2) $8 per week.. _ _____ 990, 272 $7 per w eek______ . . . 60,974 $508________________ 900 $35 to $70 per m onth. . 31, 080 $800 in lump sum . . . 64, 000 $7,160, 205 (2) (“) 241, 044 4,832, 567 141,407 8, 740, 939 11,269 3,260,238 21, 584,842 6, 350 78, 330 384, 000 1 Includes 76 persons receiving “ disability relief” and 823 widows. 2 N o data. 3 $10 per month for six months of each year. i Includes 1,533 widows. 5 From this, union dues of about $4 per month are deducted. 6 Widows receive pensions of $35 per month. 7 Received the lump sum in 1926. 8 Flat sum, deducted from death benefit. 9 Includes 13 widows. ° N o payments being made as yet. System adopted in 1927. Payments to Wife, Widow, or Other Beneficiaries l A f IFE.—The laws of the International Typographical Union _ provide that if a member “ is admitted to an eleemosynary institution, whether publicly or privately maintained, and such mem ber has a wife dependent on him, the secretary-treasurer is author ized to make the pension payable to the wife.” Widow.—The widow of a pensioner of the bricklayers’ union may receive his pension provided she is 60 years of age and has no other means of support. A railroad trainman’s widow is entitled to receive his pension as long as she remains unmarried and keeps his union dues paid. The Brotherhood of Locomotive Firemen and Enginemen and the Brotherhood of Locomotive Engineers both provide pensions for widows of members, through a special department operated inde pendently of the members’ pension department. The Brotherhood of Locomotive Engineers also operates a widows’ and mothers’ pension department. Men who are in good standing and have not reached a specified age (40 for firemen, 50 for engineers) may make provision for their widows through the widows’ pension department. The medical examination taken for membership in the men’s pension department suffices also for this. Upon the member’s death the widow of a fireman is entitled to a pension of $35 per month during her life or until she remarries. The engineers provide pensions of $25 and $30 a month until remarriage for widows of engineers who took out membership in the widows’ pension department, and of $30 per month for the mother if covered by the beneficiary certificate. An engineer is permitted to take out two beneficiary certificates, thus doubling the above benefits in the case of men who joined the widows’ and mothers’ pension department. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1217] 6 MONTHLY LABOR R EV IE W Assessments for the widows’ pension offered by the firemen’s organization vary from $1 to $3.50 per month, according to the husband’s age when he entered the scheme. The engineers require monthly dues of $2 for each certificate in the widows’ pension and dues ranging from $2 to $3 per month, according to the husband’s age at entrance, for the “ widows’ and mothers’ pension.” Other beneficiaries.-—The bridge and structural-iron workers’ rules governing old-age and disability pensions provide that any pensioner who becomes an inmate of an institution which makes a charge for residence there may direct that his pension be paid to the institution. In such cases the officers of the local union “ must visit such member and see that he is properly cared for.” Discontinued or Rejected Plans rT ,HTC Order of Railway Conductors inaugurated a pension plan but 1 later was forced to discontinue it. Membership in the pension department was optional with the members, and it developed that only the older men took advantage of it. The result was that the income of the fund was not sufficient to offset the heavy drain upon the fund due to the retirement of the older members. Perkins and Woll in their study, “ Trade-union benefits,” state that the Order of Railroad Telegraphers has at different times tried two old-age pension schemes. As neither proved satisfactory, the idea was given up in 1924. The brewery workers had adopted the pension idea and were about to put it into force, but the advent of prohibition prevented the consummation of the plan, while the bakery workers also made a start and had accumulated some funds for pension pur poses, but the membership was unwilling to wait until sufficient nioney was collected and therefore voted to divert the funds already in hand to the erection of a headquarters building for the union. The flint-glass workers by referendum vote rejected the old-age pension plan submitted to them, and similar action was taken by the barbers in 1926. Proposed Pensions r’THE 1927 convention of the Sheet Metal Workers’ International Association by unanimous vote authorized its general executive board to formulate a plan for caring for aged members. The board is to report its findings to the next general convention, which will be held in 1930. The executive board of the Amalgamated Clothing Workers of America has been studying the subject of old-age pensions with a view to establishing such a plan for the members, and it is possible that action along this line will be taken at the next convention of the organization. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [ 218] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T R A D E -U N IO N OLD-AGE PEN SIO N S AND HOMES FOR AGED HOMES FOR AGED, DISABLED, AND TUBERCULAR MEMBERS Carpenters’ Home A FTER much debate, the United Brotherhood of Carpenters and Joiners of America decided to provide a home for its aged and infirm members and their wives. Some years ago it acquired a tract of 1,826 acres near Lakeland, Fla., at a cost of $750,000. Of this, 600 acres was in orange, tangerine, and grapefruit groves. It is expected that the income from the fruit will render the home selfsupporting to a great extent. The contract for the home was let early in 1927 and it is expected to be finished by January, 1928. It will then be furnished, a task which, the general secretary states, will cost at least a quarter of a million dollars and which it is hoped will be completed by the time of the brotherhood’s convention in 1928. The building will be three stories high. (See fig. 1.) It will cost $875,000 and accommodate 400 persons. It will be 331 feet in length and 265 feet deep, and be provided with its own laundry, power plant, and water system. The building stands on an incline facing the east and overlooking Lake Gibson. It is planned to erect cottages for the use of superannuated members who have their wives with them. Conditions of admission and residence.—The conditions of age, length of membership in the union, and other requirements that must be met by the applicant for admission have not yet been determined upon. The brotherhood has been gathering data from the local unions concerning all carpenters of more than 20 years’ member ship. The general secretary of the union states that, although “ the sentiment at the present time seems to be that a man must be 65 years of age and must have held 30 years’ membership,” this will be definitely determined upon and the laws and regulations govern ing admission of applicants and the operation of the home will be drawn up at the 1928 convention of the brotherhood. The general secretary states that it will be the practice to admit not only superannuated members but their wives also. In this respect the carpenters’ home will be unusual among labor homes for the aged, as the usual practice is to restrict residence to members only.6 Usually in those unions which have established old-age pensions as well as a home, the member who is eligible for retirement may choose whether he will enter the home or will remain with his relatives or friends and receive the pension; married men who elect to enter the home must leave their wives behind. Medical care and material and recreational provision.—The institu tion will contain a large auditorium, library, parlors, and lounging rooms. Recreation will be provided in the form of lectures, motion pictures, radio, and fishing and boating. Maintenance.—The construction of the building is being financed by a per capita tax of 10 cents per month upon each of the nearly 400,000 members of the brotherhood. 6 There are several women in residence at the Union Printers’ Home, but these are members of the Inter national Typographical Union in their own right. The new home of the Order of Railway Conductors will, however, be open to wives and widows of members. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1219 J 8 MONTHLY LABOR R E V IE W Costello Home—Tuberculosis Sanatorium of Stereotypers ■"THE first step toward the provision of treatment for stereotypers A and electro typers was taken in 1902 or 1903 when the Denver local of the International Stereotypers and Electrotypers’ Union of North America purchased a tent for the use of its tubercular members. In October, 1924, a modern six-room bungalow on the outskirts of Denver was purchased, as well as eight building lots 25 by 150 feet each; the cost was $4,500. Since that time five 1-room cottages have been built facing the north side of the main cottage, and it is planned to add a sun porch running along the entire south side of the main building (See fig. 2.) The present value of home and grounds is about $6,500. Each little cottage is equipped with an adjustable hospital bed, dresser, straight-backed chair, rocker, medicine table, rug, and flattopped stove, also a reading lamp adjustable from the bed. The matron can be summoned by an electric push button communicating with the main cottage. The main cottage contains the general living room, dining room (where all the patients who are able assemble for meals), and kitchen, as well as three bedrooms. Conditions of Admission and Residence The rules of the association provide that only cases which appear to be capable of improvement shall be admitted to the home. Candidates for admission to Costello Home must be members in good standing of the International Stereotypers and Electrotypers Union. No specified length of membership is required. The rules require that the patient shall cease work at his trade upon entering the home. All residents who are able are required to care for their own rooms. Medical Provision There is no resident physician, but the home association has engaged the services of a Denver physician, who visits the home once a week, examines all the residents, and prescribes the necessary treatment. He is also on call at any time for emergency treatment. The general care of the patients is given by the resident matron, under the direction of the physician. The food for each patient is prescribed by the physician, as well as any exercise that is to be permitted, and certain rest hours are enforced. In order to insure the mental tranquillity of the patients the rules specifically prohibit “ the discussion of religion, politics, or labor matters * * * and the committee will not tolerate having patients enter into these matters. Your health comes first and that is what the patient is being cared for.” https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis f220] TRA DE-UNION OLD-AGE PENSION S AND HOMES FOR AGED [ 221 ] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10 MONTHLY LABOR R EV IEW General Benefits Provided The home was provided, by the general membership of the union, with a player piano and an initial 50 records, to which additions are being constantly made through donations. Entertainment is also obtained through a radio. Books, newspapers, magazines, etc., are also provided. All clothing needed by the patient is furnished by the home associa tion and each resident receives, for pocket money, $2.50 each week. The rules provide that if he desires he may deposit this money with the secretary-treasurer of the association, receiving interest upon it. After a patient has been in residence for a year and if the home physician and the patient’s local union consent, the home committee may give him leave of absence to pay a visit to his home city. In such cases the association furnishes transportation (including berth) and money for his expenses during the trip. Maintenance of Home The home is operated through an organization known as the Costello Home Association. This home is unique in that instead of being operated and financed by the international union, it is still largely a local matter, the Denver local, which inaugurated the home, sponsoring it and being the main directing power. It is financed entirely by voluntary donations from stereotypers and electro typers’ local unions and by individuals. Of the 150 locals, 33 make regular monthly contributions to the support of the home; others contribute at Christmas or on specific occasions only. The Costello Home, while a modest undertaking, fills a real need and that at comparatively small cost. Perusal of labor periodicals reveals that several unions have considered the provision of a home or of tuberculosis treatment for their members, but have hesitated to do so because of the cost. The Costello Home is an example of what can be done even when the union membership is comparatively small7 and general union funds not available. During the year ending July 31, 1927, the cost of maintenance of the home was $5,854, divided as to the various items of cost, as follows: A dm inistratio n a n d lab o r: Expenditure M a tro n _________________________________________ $1, 072. 00 S ecre ta ry -tre a su re r______________________________ 127. 35 O th e r___________________________________________ 148. 49 M edical care : P h y sic ia n _______________________________________ 435. 00 D rug s a n d m edical supplies______________________ 145. 35 L ab o ra to ry t e s t _________________________________ 3. 00 N ursin g serv ice__________________________________ 42. 00 A m bulance______________________________________ 8. 00 P a tie n ts ’ allow ances_________________________________ 402. 50 T elephone a n d te le g ra p h _____________________________ 57. 40 L a u n d ry _____________________________________________ 170. 45 1 , 052. 83 G roceries, m e a ts, e tc ________________________________ H e a t, lig h t, w a te r, ice________________________________ 242. 86 P o stag e______________________________________________ 24. 00 M iscellaneous p rin tin g _______________________________ 9 5 .6 8 T ra n sp o rta tio n of p a tie n t_______________ 25. 00 7 The membership of the International Stereotypers and Electrotypers’ Union on Dec. 31, 1926, was 7,178. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [ 222 ] T R A D E -U N IO N OLD-AGE P E N SIO N S AND HOMES FOR AGED Im p ro v em e n ts to hom e: E q u ip m en t F u r n itu r e .. P e rm a n e n t a d d itio n s to building. A m usem ents a n d recreatio n Legal services. M iscellaneous. T otal 11 Expenditure $702. 78. 456. 8 405. 21. 138. 5, 14 20 07 29 25 70 853. 56 Printing Pressmen’s Home HE International Printing Pressmen and Assistants’ Union of North America has acquired a large tract of land in northeastern Tennessee, where it has established a number of projects, including a home for aged pressmen, a tuberculosis sanatorium, a hotel, a technical trade school, etc. This group of projects forms what is known as Pressmen’s Home. Situated in a valley in the mountains, and covering an area of some 1,800 acres, Pressmen’s Home has become a self-contained community. Tuberculosis Sanatorium The tuberculosis sanatorium is situated about half a mile to the west of the main group of buildings. It is a white frame building constructed in the shape of a cross (fig. 3), so that each room receives the sunlight at some time in the day. Each bedroom opens onto its individual screened porch, the wall of the room on that side being formed of windows, so that the patient can be in the open air and in his room at the same time. A door, cut into the partition between porches, allows communication. The sanatorium is equipped with an up-to-date kitchen and has its own refrigeration plant. There are separate dining rooms for the patients, for the nurses, and for the white and colored employees. The number of patients varies from 15 to 35. At the time of the agent’s visit, 17 were in residence. Maj. George Berry, president of the pressmen’s union, addressing the convention of the International Typographical Union in August, 1927, stated that since the opening of the sanatorium 185 cases of tuberculosis have been arrested and discharged. Medical care.—Patients at the sanatorium receive not only tuber culosis treatment but any other medical attention necessary. This includes minor operations, X-ray work, dental care, and treatment for affections of eyes, ears, nose, and throat. The people of the countryside around about come to the sanatorium for treatment for their various ailments, although the resident physician states that they must wait until all the resident patients have been given atten tion. Employees at Pressmen’s Home receive free medical attention also, but pay for medicines. In case of death of a patient or of a resident at the home it is provided that, if the body is unclaimed by friends or the local lodge, burial expenses will be borne by the home. The equipment at the sanatorium includes X-ray apparatus, dental outfit, and a well-equipped laboratory. 8 Includes $275 for player piano and $61.40 for Christmas celebration and presents for the patients. 82645°—28----- 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [223] MONTHLY LABOR R E V IE W [224] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis F i g . 3 .— T u b e r c u l o s i s s a n a t o r i u m o f i n t e r n a t i o n a l P r i n t i n g p r e s s m e n a n d A s s i s t a n t s ’ u n i o n . P r e s s m e n 's H o m e . T e n n T R A D E -U N IO N OLD-AGE P E N SIO N S AND HOMES FOR AGED 13 The sanatorium has a resident physician. The medical director resides at Rogersville, some 12 miles away, but visits at the sana torium several times a week. There are three resident nurses. _ Conditions of admission and residence.—Applicants for admission must have been members of the pressmen’s union for years. While the rule is that only incipient cases shall be admitted, it was stated that in practice many advanced cases are sent to the sanatorium and “ they can’t be turned away.” Material and recreational provision.—Special attention is given to the menu of the patients, to insure a diet rich in protein. A large flock of chickens and herd of cattle owned by the home association provide the milk and eggs consumed at the sanatorium. No monetary benefits are provided, but all necessaries are furnished, including clothing and transportation to and from the sanatorium and the patient’s home. Although tuberculosis patients must avoid strenuous exertion and are therefore debarred from many recreational activities, there are certain quiet amusements that the sanatorium affords for its inmates. A pleasant library, opening onto a glass-inclosed porch with flower ing plants, contains several thousand volumes. A victrola, radio, and billiard room are also furnished. Home for Aged The union has built at the foot of the mountain a building of 240 rooms, which will be used as a home for “ aged, invalid, or infirm” members. It is furnished and ready for occupancy and it is expected that it will be opened shortly after the convention of 1928. It is a white frame building with broad verandas across the front and sides. From the front of the home the lawn slopes down in broad terraces to the foot of the valley. (Fig. 4.) Conditions of admission and residence.—To become a resident of the home the applicant must have reached the age of 60_years and have been a member in continuous good standing in the union for 20 years. He must also show that he is “ incapacitated for employment under the jurisdiction of the international union.” As already stated, an aged member eligible for the benefit may choose between the old-age pension or residence at the home. If he chooses the latter he is entitled to receive the difference between the pension and the cost of his maintenance at the home. A member obtaining a furlough from the home begins to draw his pension upon leaving, relinquishing it again when he returns. No services will be required of the residents at the home. Material and recreational provision.—The home contains a large handsomely furnished library and living room extending across the eastern end of the building. A smoking room for the men and a general clubroom for the women are also provided. Both are equipped with couches, easy chairs, etc., and at one end of the room there is electrical equipment for making coffee, toast, and other dishes. The home building itself contains no specific recreational features. At the foot of the terraces in front of the home is a building containing a swimming pool, dressing rooms, etc. This will be open to the use of the residents at the home, as also will be the gymnasium, billiard room, and motion pictures at the hotel maintained by the union just outside the grounds. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [225] F i g . 4— H o m e f o r S u p e r a n n u a t e d M e m b e r s o f I n t e r n a t i o n a l p r i n t i n g P r e s s m e n a n d A s s i s t a n t s ' U n i o n . P r e s s m e n 's H o m e . T e n n . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis m ^TRADE-UNION OLD-AGE PENSION S AND HOMES FOR AGED 15 Administration Home and sanatorium are administered by a board of five members selected by referendum vote of the members of the international union. The sanatorium is under the immediate charge of the resident physician, while the home is to be under the management of a matron and her daughter. Funds are secured by a per capita tax of 25 cents per month, levied upon each of the more than 40,000 members of the international union. Home for Aged and Disabled Railroad Employees HTHE Home for Aged and Disabled Railroad Employees of America A was established in Chicago in 1891, but was moved to Highland Park in 1903. Up to August 1, 1911, it was supported “ by soliciting subscriptions from all possible sources,” and was open to members of the four train-service brotherhoods—those of the locomotive engi neers, the firemen and enginemen, the trainmen, and the conductors. The 1909 convention of the trainmen appropriated from the brotherhood funds the sum of $15,000 to be used toward the con struction of a fireproof building. The engineers and firemen each contributed a like amount, and the home was built. In 1924 the building was remodeled, and a wing containing 39 rooms was added, the whole costing some $172,000, the expense again being borne by the same three brotherhoods. The Order of Railroad Conductors ceased to have a voice in the management of the home in 1925. Its retired members, however, continued to reside at the home, but since the union had made no financial contribution to the building of the home the order has since 1925 been charged for its residents one and a half times the per capita cost of maintaining the home. The con ductors, however, have recently completed the construction of a home for aged members near Savannah, Ga., and to this its residents at Highland Park were removed early in November, 1927. The Brotherhood Home is situated at Highland Park, a suburb to the north of Chicago, and is only four blocks from Lake Michigan. The home building is a three-story brick structure. (See fig. 5.) Each floor has a sun porch 10 feet wide and 50 feet long. The building contains 64 single and 30 double rooms and can accommodate as many as 150 at a pinch, although the normal capacity is 135. At the time of the agent’s visit, in October, 1927, there were 97 in resi dence; 13 of these, however, were conductors who were shortly to leave for their new home in Georgia. The power plant and laundry are in a separate building. The home is surrounded by lawns comprising altogether some 2}/£ acres, and buildings and grounds are valued at nearly $350,000. Conditions of Admission and Residence The object of the home is to provide a refuge for “ worthy, aged and disabled, helpless and destitute railroad men who are no longer able to provide for themselves.” To gain admission to the institution it is necessary that the applicant be a member in good standing in one of the three brotherhoods and that he be eligible for insurance therein. A certificate from a physician showing that he is “ per manently incapacitated for railroad work” must accompany his https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [227] MONTHLY LABOR R EV IE W [ 228 ] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TRADE-UNION OLD-AGE PEN SIO N S AND HOMES FOR AGED 17 application. The home does not accept “ insane or dangerous persons, or persons afflicted with any contagious or infectious disease or addicted to the use of liquor,” nor any person otherwise eligible “ if suffering from a disabling incurable affliction or a progressive disease which is liable to result in death within a reasonably short time after admission to the home, or which requires at time of admission or is liable to require shortly thereafter continuous hospital treatment or other constant medical attention.” The rules of the home require that “ every inmate of this institution shall make himself useful in every way consistent with his physical condition and cheerfully cooperate with the management in the per formance of such duties as may be assigned to him” ; also that he care for his own room, keeping it “ neat and tidy when his physical condition will permit, attending to it the first thing in the morning after a thorough airing.” In practice, the manager has rather dis couraged the residents from helping around the building. He stated, however, that when a section of the grounds was being beautified and he called for volunteers to give 15 minutes’ time each day to clearing the newly sown grass of weeds, he was surprised at the ready and general response from the men. It is pointed out that a member “ can not come and go at will. He may be furloughed by the management to visit relatives and friends at reasonable times.” In such cases, while the home does not under take to provide transportation, the manager is usually able to secure railroad tickets through the courtesy of the railroads. Material, Medical, and Recreational Benefits Provided All the necessaries required by the men are provided. When ill they are cared for in the home hospital, which consists of two wards and a diet kitchen. The two wards usually contain eight beds, but on occasion can accommodate 16. In serious cases or for surgical operations the patient is removed to an outside hospital, where he is treated at the expense of the home. A trained nurse is in attendance at the home hospital and a local physician visits the home and gives any necessary treatment. The services of dentist and oculist are also provided by the home as needed. The building is kept in immaculate condition and, in the interests of sanitation, it is the present practice to furnish the new bedrooms with steel furniture. The new wing contains 39 bedrooms, each of which will be a “ memorial” room; i. e., a member of one of the supporting organizations undertakes to furnish the room at a cost of $100, the room being named for the person memorialized and a bronze tablet to that effect being placed on the door of the room. The furniture includes armchair, straight-backed chair, bed, and a dresser one drawer of which pulls out and down to form a desk. An automatic elevator enables those residents who are confined to wheel chairs to move about from floor to floor without help. The meals are prepared under the supervision of the manager’s wife, who acts as matron. Especial care is taken to provide as much variety in the menu as possible. In addition to meals and lodging, each inmate is given clothing, laundry, and barber service; tobacco, stamps, and numerous small comforts are also provided. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [229] 18 MONTHLY LABOR R EV IEW The home contains, for the recreational use of its inmates, a fine library, smoking rooms, reading rooms, lounging rooms, billiard room, and sun room. The institution has its own motion-picture machine, donated by the ladies’ auxiliary of the locomotive engineers, and pictures are shown in the chapel once a week during the year (except during very hot weather). Cards, checkers, and a radio also furnish amusement. In 1923 the same ladies’ auxiliary presented the home with a seven-passenger automobile, and since that time automobile rides have been a regular recreational feature for the old men at the home. This was an especially welcome addition to the recreational facilities, since there are usually in residence men confined to wheel chairs or on crutches who would otherwise be unable to leave the home grounds. Administration and Maintenance The home is under the general supervision of a society composed of the chief executive of each of the three supporting brotherhoods, each of whom appoints two additional members of his organization and three members from the ladies’ auxiliary of his order. The society so composed then elects from its number a board of three trustees who oversee the management of the home. The secretarytreasurer of the society is the manager of the home, hiring all employees and paying all bills. The funds are furnished by the three brotherhoods, which con tribute on a pro rata basis according to the number of days’ occu pancy by their members. As already stated, a higher rate has been charged for members of the Order of Railroad Conductors. The table below shows the expenditure for each item in 1926: T able 2 .— O PER A T IN G E X P E N S E S OP R A ILROAD BROTH ER H O O D H O M E , 1926 Expendi ture Item Building expenses: Maintenance of building ________ Upkeep of grounds.^ _________ Maintenance of elevator and m a chinery______ _____ Maintenance of furniture and fixtures _ _ -_ Maintenance of heating plant........ . Light and power _________ _ Heating plant, fuel_________ Heating plant, wages___ ________ Depreciation, buildings, old Depreciation, furniture, fixtures, equipment, and machinery, o ld .. T otal________ ________ General expenses: Administrative_________ Office, salary___________ ________ Office supplies____ ____ Telephone and telegrams.. — _ Transportation___ _______ . General____________________ Publication__________ T o ta l-................................... ......... Table expenses: Groceries............................... Meats_________________ _ Water_____ _________ _ Freight and express___________ Range fuel__________ _____ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,184. 60 206.80 Table expenses—Continued. Kitchen and dining-room wages___ R e n e w a ls o f w a r e s a n d lin e n s 262. 55 288 04 90.43 1, 456. 66 3, 947. 00 2,416.30 1, 388.15 817.47 17,058. 00 4, 213.19 1,164. 00 120.60 146.80 314. 34 395. 95 937. 78 Expendi ture Item T o ta l.. 25, 946. 35 Home expense: Care of rooms Supplies 674.15 112.15 Total _ 786. 30 Inmates’ expenses: Clothing________________ Barber Laundry Amusements________ ______ Total 13, 548. 98 5, 629. 88 600. 89 214. 95 957.12 [230] A tte n d a n ts ’ w ages M e d in a ! a t, te n d a n e e Drugs and hospital supplies____ . Automobile— Depreciation___ Total Total expenses 1, 658. 07 1, 079. 50 2, 596. 76 602. 28 134. 67 6, 071.28 Hospital expenses: Salaries of nurses 7, 292. 66 $4, 552. 55 441. 98 . . . . ___ 1,161.00 2, 001. 00 2, 310. 60 906.17 431. 07 232. 50 " 7, 042.34 64,196. 93 TRADE-UNION OLD-AGE PENSIONS AND HOMES FOR AGED Railway Conductors’ Home Order of Railway Conductors, until November, 1927, main THEtained its superannuated and disabled members at the Brother I hood Home owned by the other three train-service brotherhoods those of the engineers, firemen and enginemen, and trainmen. The question of the provision of a home owned by the order itself arose some time ago, and when it became known that various localities were being considered for the site of the home the citizens of Savan nah, Ga., donated to the order 100 acres of land on Oatland Island, near Savannah, and pledged $20,000 toward the construction of the building. The 1925 conductors’ convention authorized the erection of a building to house not only the superannuated members but also their wives "and the widows of members. The contract of construc tion was let early in 1927, and the building was formally opened No vember 10, 1927. The contract price of construction is reported to have been $242,000. The home is a two-story building of reinforced concrete and brick. (See fig. 6.) It is built in the form of an H, with a frontage of 250 feet; wings on each end run back 108 feet. The floors are connected by automatic elevators. A glass-inclosed porch runs along the entire length of one wing. _ There are 75 bedrooms, 21 of which are on the first floor. The living room is stated to be a large attractive room, with paneled walls and a large fireplace. The kitchen is completely equipped with electric appliances. The second floor contains bedrooms, linen rooms, and sewing rooms. One wing on this floor is given over to the medical department, with hospital wards, and sterilization, anesthetic, and operating rooms. The building will be steam heated and will have its own water sys tem supplied from a pneumatic pump on the grounds. Accommoda tions for 30 servants are provided at the rear of the building, and a garage housing five cars has also been constructed. It is also planned to erect individual cottages, each with its own garden and orchard, for the use of family groups in residence at the home. Conditions of admission and residence.—At the time of the inquiry, the rules and regulations governing admission to the home had not been determined. Medical care and recreational provision.—Reference has already been made to the medical and hospital equipment for which provision has been made. No definite action had been taken relative to medical care, but officials stated that the services of some local physician would probably be engaged. The home contains a card room, billiard room, and a game room, all situated in the right wing of the building, and recreational activities will be centered there. Administration and maintenance.—As already noted, 100 acres of land and $20,000 were donated by citizens of Savannah. Additional funds were raised by special assessments levied upon the 60,000 mem bers of the Order of Railway Conductors, and individual contribu tions were also received. Some members have pledged themselves to pay $1 a week to the home. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 3 1 ] to o MONTHLY LABOR REV IEW [2321 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t r a d e -u n io n o l d -a g e p e n s io n s and hom es fo r aged 21 A number of the rooms have been furnished by local divisions or by the ladies’ auxiliary units. No data are available as to what the source of funds for the current expenses of operation will be. It was stated at the headquarters o the order, however, that the organization owns some 3,500 acres of land on which pecan trees have been set out. It is expected that the income from the pecan groves will eventually cover the operating expense of the home. Potatoes and cotton are being raised pending the attainment of bearing age by the pecan groves. The home will be managed by one of the deputy presidents ot the order and his wife. Union Printers’ Home r-pHE Epochal History of the International Typographical Union, A issued by the union, states that even in the earliest conventions of that body the matter of the establishment of a home for aged and infirm, members was brought up. Even though discouraged by committees time and again, the proposal kept recurring. Finally in 1886, two wealthy men of Philadelphia made the union an unconditional gift of $10,000. Several offers of land for a site were received, but that of the city of Colorado Springs, Colo., was finally accepted. The site included 80 acres of land on a hill situated about a mile east of the city. , . Private subscription had increased the original $10,000 to more than $20,000. Additional contributions were secured from the mem bers, and union printers throughout the country donated an hour s pay or the price of 1,000 ems of type composition. Later a per capita tax was levied to increase the funds. . The home was formally dedicated May 12, 1892. This first building cost approximately $60,000. Successive additions have been built, and the present edifice has a frontage of some 300 feet. Building and grounds are now valued at approximately $3,000,000. The grounds of the home now cover some 300 acres situated on an eminence overlooking the city of Colorado Springs. From the front of the home can be obtained a panoramic view of the Pocky Moun tains for about 120 miles, with Pike’s Peak straight ahead. I he land slopes down to the city on the west and to Prospect Lake on the southwest. Home for Aged On each side of the driveway, extending from the front gate to the main building—a distance of 650 feet—there is a broad cement walk; bordering it and surrounding the home are lawns comprising an area of 12 acres. These lawns abound in flowers, shrubs and trees, maple and elm alternating in front and along the driveway. The main building is of white lava stone, with red sandstone trimmings. (Fig. 7.) The main edifice is about 300 feet long by 50 feet wide, with a wing extending to the rear from each end. The south wing is used exclusively for hospital purposes. Across the east (rear) side of the building are screened sun porches, those at the south end being devoted to the use of the tuberculosis patients for sleeping purposes. Each story of the building contains a niam hallway, extending the entire length of the building, into which all the rooms open. An automatic electric elevator has been installed. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [233] MONTHLY LAB O il REV IEW https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TRADE-UNION OLD-AGE PENSION S AND HOMES FOR AGED 23 for the convenience of the residents. The most elderly residents, however, are given rooms on the first floor. There are three dining rooms, all located on the ground floor. In the main dining room are served the meals of the able-bodied resi dents, the nurses, and the office force; in an adjoining room are served the meals of those sanatorium patients who are able to dress and come to the table, while in still another are served those_ who, while able to be out of bed, are yet too weak to bear the exertion of dressing for meals. To this room they may come in their bathrobes and slippers. The kitchens are equipped with the most modern appliances. The meals of the sanatorium patients are prepared under the super vision of an expert dietitian in a special kitchen equipped for this purpose. In addition there are diet kitchens located in convenient places on the upper floors where special nourishment is prepared for bed patients. An automatic dumb-waiter is also provided for carrying trays from the ground-floor kitchen to the upper floors, to those patients who are confined to their beds. In August, 1927, there were 140 aged members in residence in the home, of whom 6 were women. A dormer wing on the third floor has been set aside for the use of these women. Hospital and Tuberculosis Sanatorium As already indicated, the hospital occupies the south wing of the main building; it provides accommodations for 54 patients. The tower room on each floor (except that on which the offices of the medical department are located) is used as a recreation and lounging room for the patients. In addition, there are 20 octagonal tents grouped at the south end of the main building. These tents are mounted on cement bases and are securely anchored to withstand the most severe winds. The walls are of the best army canvas, impervious to snow or rain. A system of ventilators is provided in the floor on four sides of the tent, as well as in the peak of the roof; these can be opened or closed at will. Each tent is electric lighted and steam heated and is provided with an electric call bell. If a patient needs attention he presses the bell, which rings in the nurses’ room in the hospital and at the same time causes a light over the tent door to glow. This remains lighted until his call is answered. To supply a central place for the use of the tuberculosis patients a solarium was built in 1907. Still more space was found necessary, and an open-air pavilion was then constructed, supplying accommo dations for 30 additional patients. In August, 1927, there were 140 patients in the hospital and sanatorium. The superintendent of the home occupies a six-room, modern, white lava-stone cottage, located just north of the main building. It has telephone connection with every department of the institution. The medical director occupies a cottage just outside the main grounds of the institution but on land belonging to it. The other two resi dent physicians have quarters in the main building.9 9 Other buildings in connection with the institution include a building housing the laundry, carpenter shop, and power plant; one containing a laboratory, sewing room, sleeping rooms, and barber shop; a greenhouse' a dairy building, barns, garage, etc. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 3 5 ] 24 MONTHLY LABOR R EV IEW Conditions of Admission and Residence Applicants for admission to the home must have been members of the International Typographical Union for not less than 10 years, at least 3 of which must immediately antedate the date of appli cation for admission. Persons suffering from tuberculosis, however, may be admitted after 18 months’ continuous membership except n cases where it appears that the applicant joined the union for the sole purpose of securing admission to the sanatorium. No persons afflicted with any mental disease are admitted. In case of there being more applications for admission than there are vacancies the rules provide that preference shall be given “ (1) to the afflicted as against the infirm; (2) to those of the afflicted to whom the greatest probable good can be done by admission as against those to whom a less degree of good is probable; and (3) to those of the infirm whose infirmity is greatest.” If the prospective resident is unable to defray his traveling expenses to the home, these are borne by his local union. When he is discharged an amount equal to that expended in his transportation to the home is appropriated by the home to buy him a railroad ticket in whatever direction he may select. Residents who are able to do so are expected to care for their own rooms, and may also be asked to perform light tasks relative to the upkeep of grounds or buildings, subject to the judgment of the medical director. “ It is recommended without being made a duty * * * that landscape gardening, or some similar vocation, be undertaken on said grounds as a source of exercise and recreation to the persons domiciled at said home. But no task or duty shall ever be imposed under the guise of exercise or recreation on any inmate of said home.” Medical Care Within 48 hours after admission to the home or sanatorium the resident is given a thorough physical examination, and during his period of residence he receives all possible medical care, including operations. In case of death, the home bears the burial expenses if the body is unclaimed by friends or the local union. The institution’s medical staff consists of a medical director, two resident physicians, a consulting neurologist, a consulting ear, nose, and throat specialist, a consulting eye specialist, a consulting surgeon, and a dentist. In addition, when occasion demands, a specialist in genito-urinary diseases is also called in. At the September, 1926, meeting of the board of trustees of the home, the superintendent was instructed to “ look into the feasibility and advisability of employing an all-time dentist” on the same basis as the resident physicians. Major operations are provided for by arrangement with a local hospital. The medical director is of the opinion that some system should also be worked out by which discharged patients could be kept under medical observation “ for a long period after leaving.” The equipment of the medical department cost more than $10,000 and includes an up-to-date X-ray machine, ultra-violet lamp, dental outfit, etc. The home has an arrangement with a local laboratory clinical company whereby laboratory-test work is done by the company, which also has supervision of the X-ray department of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [236] TRA DE-UNION OLD-AGE PENSION S AND HOMES FOR AGED 25 the home. The home employs a technician, who is also a nurse, to do the X-ray work. In order that the medical department may be in touch with the latest developments in the medical field, the trustees last year inaugurated the practice of sending the medical director or one of the resident physicians to attend two medical meetings each year, all expenses in connection therewith to be met by the home. Material and Recreational Provision The rules governing the home are very restrained in their promises of care for the residents, providing merely that “ persons admitted into this home shall be fed with plain but wholesome food, clothed with plain but decent apparel (no distinctive dress ever to be worn), and lodged in a plain but safe manner; due regard shall be paid to their health, comfort, and happiness, and to this end their persons, clothes, and apartments shall be kept clean.” 10 The actual spirit prevailing in the treatment of these aged and tubercular printers in residence at the home, however, is much better expressed in another article of the same document which de clares that “ its bounty shall be unpurchasable; its charity shall be given without price. ” Each resident receives not only food, lodging, clothing, and laundry, but also 50 cents a week. This sum is granted to those whose local unions are unable to make any allowance to their members who are at the home; if the local union supplies pocket money, the home does not. As the funds of the home warrant, the amount will be increased to $1 a week. Additional payment is made to those residents who perform tasks on the grounds or in the buildings. A room in the main building is equipped with tables for cards, chess, or checkers for the use of the residents. From this room an arched doorway leads into a library which contains between nine and ten thousand volumes. More than 100 newspapers are received, as well as magazines and several religious publications. A number of the magazines are donated by the publishers, and the home subscribes for two copies of each of the other leading monthlies. The archway between card room and library is so arranged that it can be converted into a stage. Here motion pictures are shown once a week from October 1 to April 1 each year. A six-piece orchestra furnishes the music accompanying the pictures. On this stage the local lodge of Elks gives a performance of its minstrel show every winter, and various other entertainments are given. The library will seat 300 persons. A billiard room with two tables furnishes recreation for those who care for this type of amusement, while piano and victrola provide for those musically inclined. Usually several dances are given dur ing the winter, those on St. Valentine’s day and St. Patrick’s day being costume affairs. As the inmates consist only of elderly or sick people, outside amusements are few. There are, however, two croquet grounds which seem to be well patronized. Tourna ments are held and prizes are given to the most successful players. During the year ending May 31, 1927, $1,792 was expended to provide amusement of various sorts for the residents. 10 The rules of the printing pressmen’s union also contain this identical provision, presumably adopted from the printers’ regulations. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [237] 26 MONTHLY LABOR R EV IEW Administration and Maintenance The institution is managed by a superintendent acting under the direction of a board of seven trustees, one of whom resides in Colorado Springs. The superintendent’s wife acts as matron. The physi cians are appointed by the board of trustees, but all other employees are hired by the superintendent. The institution is supported entirely by the membership of the International Typographical Union.11 Each union printer pays to the international union, as dues, 65 cents a month plus 1 per cent of his earnings. Of this amount 40 cents goes to the home fund. As would be expected, the cost of maintenance of this extensive institution is heavy,^ amounting to $348,955 during the year ending M a y 31, 1927. During that year the number of persons in residence averaged 263. The cost of maintenance per member was therefore $1,326.83 for the year, or $110.57 per month. Excluding such items as permanent improvements to the building, insurance, care of ceme tery, upkeep of grounds, etc.,'the average cost per resident was $69.79 per month. The table below shows the expenditure for each item: T able 3 . — COST OF O P ER A T IO N OF U N IO N P R IN T E R S ’ H OM E, Y E AR E N D IN G M A Y 31, 1927 Item Administrative expense: Clerical work_______. . . . Employees’ salaries__________ . Trustees’ meetings____________ Medical care, drugs, etc.: D entist________ ______ Drugs.. . _________ _ Special service____ _ . Spectacles and repairs_____ Groceries and meats_____ ____ Sundry supplies____ Clothing_______ _ Furniture and fixtures____ _ Funeral and burial, etc., expenses: For deceased residents____ Care of cemetery plots__________ Amusements. ______ Automobile______ Books, stationery, and office supplies.. Street-car tickets.. . _ Transportation of residents........... Expendi ture $1,300. 00 79, 754. 26 5,199. 46 3, 044. 25 7, 965. 68 4,611. 30 ' 583. 95 81, 580. 68 3, 790. 09 15,308. 63 25,614. 92 758. 23 305.00 1,791. 91 3, 997. 55 1, 949. 66 ' 213. 00 5, 726.09 Item Expense of farm____________ Freight and express H ay and grain Heat and light W ater... _____ _ ___ Laundry T a x e s a n d in s u ra n e e T e l e p h o n e a n d te le g ra p h Buildings: G e n e r a l r e p a ir s P e r m a n e n t im p r n v e m p n ts Expense of trip to medical meeting___ Legal services Library_____ ________ Miscellaneous printing Residents’ allowances Postage. Miscellaneous Total Expendi ture $5, 005. 23 568. 72 10, 841. 70 16,148.88 2, 204. 20 2, 683. 62 5, 733. 97 492. 08 12, 773. 43 38,636.40 285.49 50.00 167. 02 372. 07 6,898.65 220.80 2, 377. 67 348, 954. 59 Conclusion The Epochal History of the International Typographical Union points out that of the benefits derived from the home not the least has been “ the tightening of bonds of sympathy within the fraternity and the growth of pride” in ^ In te rn a tio n a l Union. The value of the institution has been recognized by the Women’s International Auxiliary to the International Typographical Union, which has had the matter of the establishment of a similar home under considera tion for several years. At the 1927 convention of the auxiliary, by unanimous vote, it was decided to erect a home for auxiliary members who have become aged or incapacitated, the building also to be sit uated at Colorado Springs. 11 Since the original gift of land and money individual donations have amounted to only $9,80S. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [238] TRA D E-UN ION OLD-AGE PENSION S AND HOMES FOR AGED 27 OTHER TRADE-UNION PROVISION FOR TUBERCULOSIS TREATMENT "TUBERCULOSIS treatment is often one of the benefit features of *■ those trade-unions whose trade involves factors or conditions predisposing to that disease. In addition to the unions already mentioned which have established their own sanatorium^ a number of organizations either pay a tuberculosis benefit directly to the mem ber or pay his expenses in some private sanatorium.12 These organi zations include those of the headgear workers, the locomotive firemen and enginemen, the photo-engravers, the potters, and the railroad trainmen. . A member of the Brotherhood of Firemen and Engmemen afflicted with tuberculosis may have his choice between benefits of $75^ per month if he remains at home or treatment at the nearest sanatorium, with treatment paid for and cash benefits of $15 per month paid to him to cover his personal expenses while there. The Brotherhood of Railroad Trainmen pays no pecuniary bene fits to members who contract tuberculosis. It does, however, pro vide for treatment, unlimited as to time, in any sanatorium to which the patient wishes to go. During his residence there the brotherhood supplies him with everything he needs—or, as it was stated at the headquarters of the brotherhood, “ everything from cigarettes to shoe laces.” The report of the tuberculosis fund for 1926 showed a total of 709 members given sanatorium treatment since this benefit was inaugurated in 1923. At the end of 1926, persons receiving hospital treatment for the disease numbered 266, the average cost per person per month being $167.58. The Union of Cloth Hat, Cap, and Millinery Workers pays a tuberculosis benefit of a flat sum of $75, the payment of which relieves the union from any further payments for this purpose to the afflicted member. The International Photo-engravers’ Union allows $10 for the physical examination of any member suspected of being tuber culous. If found to have the disease he becomes eligible to benefits of $15 per week, continuing as long as he is affected with the disease. The secretary-treasurer of the union reports that “ The treatment of these cases is not limited to any specific form or care, it being optional with a memberwhether treatment is received at home, at asanatorium, or any other place selected by the member himself.” The National Brotherhood of Operative Potters provides for treat ment in a sanatorium selected by the patient, at a cost not to exceed $12 per week, except in “ extreme cases,” when the executive board may authorize a higher rate. No more than 50 patients may receive such treatment at any one time. If the patient fails to show improve ment in six months the brotherhood reserves the right to discontinue the treatment. The Brotherhood of Railway and Steamship Clerks, from a study of the causes of mortality and sickness among its members, learned that tuberculosis constitutes a real hazard among them. It therefore appointed a committee to study the relative merits of Tennessee and Colorado, with a view to establishing a sanatorium, and this commit tee will report its findings to the next convention of the brotherhood. 12 Data as to amount paid by various labor organizations for tuberculous benefits or treatment were given in the January, 1928, issue of the Labor Review (p. 11). 82015°—28----- 3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [239] 28 MONTHLY LABOR R EV IEW In the majority of cases receipt of tuberculosis treatment is not limited to a specified period but is left to the discretion of the general executive board or continues for whatever time is necessary. A number of other unions give financial support to certain private tuberculosis sanatoriums. This is true of a tuberculosis sanatorium located at Duarte, Calif. The Bakers’ Journal13 is authority for the statement that “ Every single structure on the grounds was put there by some organization, labor group, or community organization. The Amalgamated Clothing Workers put up the dining hall; the medical building was put by the International Fur Workers’ Union; one of the men’s cottages was put up by the Workmen’s Circle; another building was put up by the International Ladies’ Garment Workers’ Union.” With the idea of establishing a “ bakers’ building” on the grounds, the Los Angeles bakers started a fund, raising the sum of $4,000. Ground was broken and plans were drawn for a building to cost $30,000. Funds to complete the building are now being col lected within the ranks of the Bakery and Confectionery Workers’ International Union. The sanatorium and its services are described as follows: T he san ato riu m , founded in 1913, is located ju s t 20 m iles from Los Angeles, in th e h e a rt of th e orange-grove c o u n try . I t a d m its p a tie n ts from all p a rts of th e U nited S tates, w ith o u t charge or expense of a n y k in d ; one need only be sick w ith consum ption a n d unable to p a y fo r care to h ave his req u est fo r adm ission con sidered. Since its estab lish m en t i t h as cared for 2,263 p a tie n ts. T o-day th e sa n ato riu m h as a c a p acity of 136 beds a n d a staff of 16 consulting specialists, 3 resid en t physicians, 15 nurses, a n d 45 o th er a tte n d a n ts . T h e san a to riu m occupies 20 acres of lan d a n d p resen ts th e ap p earan ce of a b e a u tifu l little village, w ith spacious, sh ad ed avenues, a ttra c tiv e cottages, a n d im pressive hos p ita l a n d a d m in istra tio n buildings. T h ere are tw o h o sp ital buildings for m en an d one fo r w om en; these sh elter th e p a tie n ts so sick th a t th e y m u s t rem ain in bed a t all tim es. In a d d itio n th e re are nine co ttag es fo r p a tie n ts able to go to m eals a n d stro ll a b o u t th e gard en s fo r sh o rt periods. A fine recreatio n hall, dining hall, an d o th e r a d m in istra tiv e stru c tu re s com plete th e facilities. Another tuberculosis sanatorium which has received considerable support from organized labor is the Ex-Patients’ Tubercular Home of Denver, Colo. This is described as being “ the only hospital that keeps incurable cases for an unlimited period of time and teaches its improved patients a suitable profession” in order that they may not have to return to an occupation that is harmful to them. This past summer the Amalgamated Clothing Workers not only appropriated $500 from the general office for this institution but issued a general appeal to its locals, which responded generously. The Locomotive Engineers’ Journal reports the formation of a tuberculosis colony at Victorville, Calif., by Los Angeles telephone workers. Ten acres were purchased, simple shelters erected, and a physician near by was employed to give such treatment as was neces sary. The report does not state whether this Lone Wolf Colony was the result of union activities, and the Bureau of Labor Statistics has been unable to obtain direct information. Through the efforts of the Central Labor Union of Brooklyn and Queens, the Medford Sanatorium, for working men, women, and their families, was incorporated early in 1912 and the sanatorium was opened to the public in 1913. 13 The Bakers’ Journal, Chicago, N ov. 19, 1927, p. 2. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [240] SCIENCE AND THE W ORKER 29 The sanatorium is located on 70 acres of rolling woodland on Long Island. It is free to the public, treatment being given without cost. Thus far the institution is equipped only for handling incipient cases. It is supported by voluntary contributions from individuals, from labor organizations, etc. In an endeavor to raise sufficient funds to extend the facilities of the institution an attempt is being made to induce labor and other organizations to make formal affiliation, pay ing a fee of $1 per member per year. Science and the Worker B y J a m e s J. D a v is , S e c r e t a r y o f L a b o r T HAS been said of ancient civilizations that only because the millions were forced to do the work could the few find time to think. To-day nearly every laboring man in the United States has “ time to think.” And he owes this mostly to science. The other nations of the world to-day are justly proud of what they have done and where they stand. Their past and present are sprinkled thick with the names of great artists, musicians, poets, scientists, and inventors. And beyond all doubt these great thinkers have vastly enriched human life. Yet I can’t help thinking their great achievements have been mainly for the benefit of the people of leisure and cultivation. It seems to me that only here in America has the life of the working man been really enriched. It may be that America has yet to take her place in the realm of art, but if that is so it is because America has been engaged in another and greater art. It seems to me that the great work America has done is to take science and invention wherever she finds them and put them to practical benefit for the man who works. The great art America has developed is the art of wiping the sweat from the laborer’s brow, the art of lifting from his back the burdens that have weighed him down through countless ages. Even in our own short history he used to toil from sun to sun—in the fields, in factory or shop, or under the ground in mines. He faced dangers in the mine. In the factory he had back-breaking weights to lift. His tools were poor, his pay was little, his hours were long. When they were done, in the language of the street, he had nothing to do but rest—if he could. From that we have freed him. We have shortened his hours, lightened his labors. He used to need muscle, and we have given him endless steam and electric power instead. He used to need a handicraft that it cost him years to acquire, and we have given him machinery of wonderful cunning. With power and machinery one man produces with ease more wealth than hundreds produced with heart-breaking and back-breaking toil. And he shares in the wealth he produces in the form of higher wages than workers were ever paid before. I https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 4 1 ] 30 MONTHLY LABOR R EV IEW Benefits of Science to the Worker pTOR the first time in history we have not only given the worker “ time to think” ; we have also given him things to think of and an education to help him in his thinking. We have given him enjoy ments in life unknown even to the kings of old. And we have given him ample means to buy and possess these enjoyments. All this is the work of science. This is what is meant by “ the application of science to industrv.” Science is as old as history itself, and has grown to be a great and many-sided thing. Other peoples have played their part in its development. But I believe it has fallen to America to develop the highest science of all. I mean the science that takes all the other sciences and puts them to practical use for the benefit of men—the benefit of every man. I mean the science of management. You learn what it is by what it does. It is the science that has made us the richest of peoples. It is the science that has put within reach nearly every good thing of life, for all to enjoy alike—the automobile, and the broader life it brings; the well-warmed, wellfurnished home—the list is endless, but the worker begins to have them all. It is not the mechanical and chemical wonders that science per forms to-day that interest me most. It is this effect that science has had in a social way, in opening life in all its fullness to those who throughout the ages never knew life at all. To appreciate what we have to-day as the gift of science—to see this blessing to men in all its tremendous scope and significance, you have to measure it against the struggles that men, and especially the workingmen, have had in the past. If you do look back you will be struck with pity. Your pity will be not only for the hard lot of the ancient slave or menial but for his struggle to better that lot. You will also wonder at his ingenuity. It seems that from the very beginning of things men have groped for this or that invention that will save them work, cure their ills, and make life better. For example, an enormous ant exists in parts of the South American jungle. One type of this ant has powerful pinchers or claws. When he sinks them into anything these pinchers lock. They stay locked even after the death of the insect itself. Nothing, in fact, will unlock them but some mechanism within the insect. This fact the primitive Indians of Guiana discovered and put to use. When one of them suffered from a serious wound a few of these ants were allowed to grip their claws through the sides of the cut and bring them to gether until they had healed. In a way that was science. But from that primitive surgery see the distance we have come. Doctor Albee, of New York, will take a piece of your shin bone and weld it into your arm or any other bone of the body that is broken and refuses to heal. Between that feat of Doctor Albee and the ants of the Guiana Indian lies the whole gamut of science in surgery. And all this is now at the service of the man who works. For Doctor Albee has applied surgery to industry as it has never been done before, and the science of management has helped him—for legal science in our compensation laws has made it pay to get the injured worker back on the job as soon as possible. The science of the law https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [242] SCIENCE AND TH E W ORKER 31 has done that because the science of economics has taught us how necessary it is for us all to be producers every minute ol the time. To-day it has become almost silly to say that a man is hopelessly crippled or can not recover. We have almost stricken the word despair from the dictionary. In surgery it has been discovered that the shin bone is the one bone in the body that if removed will replace itself. The fact that a bone from the same individual grafted or welded onto another bone elsewhere in the same individual is more likely to heal than a bone from another source has developed the further fact that each human being has within himself a factory for the manufacture of the material to heal his own broken, crushed, or diseased bones. So Albeeism has come to mean, in a measure, the end of hopeless cripples. I cite this only to show what is going on everywhere in science. The same progress in surgery, from the ant of the jungle to the art of Doctor Albee, runs through industry in general. You see it in sanitation, in devices to protect the worker from dangerous machines, from health-destroying chemicals. In my estimation, that is one of the finest sciences of all. It is not enough to help a man to produce as men have never produced before. The great job of science is to make life itself better than ever and to see that every man lias his full share of it. And the achievements of Doctor Albee are only a single proof that science is doing just that. Lengthening the Working Life A S THE scientists find new ways of meeting disease and lengthening life I foresee the worker living a longer life of usefulness. Too many employers have still the notion that a worker, no matter what his record or what his present skill, is through at 50. When I was a youngster at work in the iron and steel mills the man who reached that age was given a gold-headed cane—and his discharge. His years of willing work, the contribution of his skill to the enter prise that employed him earned him a little thanks. After they were spoken the enterprise had no further use for him. Science, I believe, will drive this foolish notion out of our heads. It will stretch out the worker’s period of worth and ability to work. And that work itself will be ever lightened by new and more wonder ful automatic machinery. Instead of turning the still valuable worker away at 50, an age we now regard as hardly more than middle life, I believe we shall be proud of keeping the man of 70 still usefully employed. The fact will be noted that he is still strong, healthy, and able. His hand will control the new automatic machinery as well as a man of 30. And a more enlightened employer will not see a liability in that man’s years, but rather an asset, in the added skill and experience his longer life of work will have given him. That, I believe, will be the order of things in the near future. We who live in this age too little realize what has been done for us and the long labors that science has put in in order to bring us these boons we enjoy. As it is, we little appreciate the debt we owe to the pioneers of science long, long ago. Only yesterday invention gave us the airplane, yet hundreds and possibly thousands of years ago a savage race who knew nothing of the laws of air resistance and https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [243] 32 m onthly labor r e v ie w pressure developed a weapon that remains a marvel of skill to this day—the boomerang, a wooden blade so shaped, curved, and sharp ened as to return to the hand of the thrower after being flung at an object a hundred yards away. For its day and age the boomerang was a more remarkable instrument than the flying machine of to-day. It was by no means as useful, but it represents that inherent inge nuity in man that has brought us to the exact knowledge we have to-day. It seems you will find man that busy inventor at all ages. When Caesar conquered the Germanic peoples he found them using a machine for harvesting their wheat. A pair of oxen pushed it through the grain. Less than a generation ago the same type of machine was used here in America and known as the header. A revolving wheel bent the heads of wheat over a row of fingers or slots that tore off the grain as the machine was pushed along. Thus a harvester better than the one known to our grandfathers had been developed by a people the Romans regarded as “ barbarous.” I cite the above for a reason. When Csesar conquered those inventive people slavery was introduced among them. The result was that the machine passed out of use. It was cheaper and easier to force the slaves to do the work. A good slave could be bought for $5, and that harvesting machine disappeared for centuries. What better proof could we want for the fact that the real conqueror of human slavery is science with its machinery? If you want to see at a glance what happens when science is not applied to industry, you see it in Caesar’s blow to that promising invention. Slavery No Longer Profitable rT',HE truth is that the ancient peoples knew more than we give A them credit for about the mechanical laws we have forced to serve us in such stupendous fashion. More than a century before the birth of Christ a man named Hero had invented a primitive steam engine. And, again, a mechanical device that might have led to the more rapid advancement of man was blighted by a less fortu nate human device. Once more the abundance and cheapness of human slaves entered in, and Hero’s engine remained a curiosity in a museum. Once again you have to pity those ancient peoples. You marvel at their beginnings in science. You pity them because they could not see what science could have done for them if they had let it free their slaves and do their work. This same thing occurred in Rome itself. Water power was used in many Roman pottery plants. But it was used simply to help the slaves in turning the wheels that furnished the power. Those Roman pottery manufacturers were right on the verge of discovering automatic water power, and they never knew it. Once more the cheapness and abundance of slave labor blinded their eyes. In the history of chemistry you find the same sad story. The spade of the explorer has turned up Babylonian tablets bearing five different recipes for the making of glass. Not only the formula is given but the process of manufacture is described. The wonderful part of it is that the glass mixed in Babylonia 3,000 years before Christ is the same as the glass of to-day, except that the Babylonian glass was rough, whereas the laboratory has given us the vastly https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2441 SCIENCE AND TH E W ORKER 33 refined glass. But to-day marvelous machines turn out our glass, so that thousands of workers whose lives used to be shortened by the heavy work of blowing it are released to other pursuits. In Babylon, of course, nobody cared if a $5 slave died early. His place was quickly taken by another $5 purchase. I can think of only one activity in which science has not placed us far, far ahead of the ancients. That is in road building. To-day we build roads overnight. We wear them out nearly as fast. But that is because in this modern day we subject them to loads and usage unknown in the long ago, unknown even 20 years ago. The roads built by the Romans when Christ was a boy are still in use. Those Romans were willing to employ hundreds of thousands of men for many years in building a few miles of roadway. It is little wonder that the highways they constructed have lasted for thousands of years. Whether even their great roads would have lasted, however, if subjected to wear and tear from the thundering thousands of trucks and busses that rush at high speed over our concrete ways, is doubtful. But the chief point about the Roman road is, once more, that it was built by slave labor, and the labor broke the slaves. What an enduring road for human progress we have built instead! In Roman days slave labor was too cheap for time to be wasted on machinery. To-day human life is too valuable to waste when machin ery is so cheap and efficient. That is the road we have traveled, with science to lead us. And what an immense distance we have come! In the fifteenth and sixteenth centuries the people of England were building houses of stone. Even the partition walls were built of stone, some of them 3 feet thick. Some of these structures are standing to-day, and people still live in them. But not one of these houses had window glass. They had no stoves, no ventilation, not one of the things the humblest workman to-day regards as necessary to a home. One of the reasons why those old houses still stand is because it would cost more to tear them down or blow them up than it would to build a modern house on the same foundation. To-day we build a house made in sections in a factory, so that they can be fitted together in 30 hours. Or we frame houses of steel and pour concrete about them in almost as short a time. In almost as short a time we can tear them down if an elder daughter gets the notion that the place is old and stuffy and we ought to have a new one. But while we let our houses stand the steel and concrete in them make them stronger than the 3-foot walls of old England. Our houses may stand, but we ourselves do not. You will see improvements in building every day. In the first years of steel con struction the pneumatic riveter did its work to perfection, but it let out a terrific noise while it was at it. Now science has turned to the welding of structural steel by means of the acetylene and electric torch, and one arc welder now does the work of eight or ten riveters. Creation of New Commodities and New Demands great stimulus science has received in the invention of new THEmachinery has been high wages. Yet hand in hand with the science of mechanical invention has gone a science of another kind. Each new labor-saving machine has thrown some numbers of men out [245] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 34 MONTHLY LABOR R EV IEW °f ‘ i^°r a w^ . e ^ese have had a temporary setback until they could fit themselves into new occupations. But the very machinery bi ought about by the high cost of human labor has made more new jobs for more workers at higher wages than ever. There, again, is human ingenuity at work. _As fast as we improve the manufacture ol the older commodities science and invention step in to create new commodities and new demands for them. \ 011 Jan see this at work in the linotype machine, which does the work of four to six of the old-fashioned hand typesetters. For a short time there was disturbance in the printing trade as a result of the_ introduction and spread of this machine. Yet in a very brief period the actual result of this machine was to cheapen the production of printing so that great numbers of people were able to buy printed things and to enjoy reading—a pleasure they had never had before. A new profit and enjoyment was let into their lives. And so many more people rose to this new opportunity to improve themselves that the printing trade expanded, and thousands more printers are now employed than during the old days of hand-set type. Not only that, these thousands of printers who operate the linotypes receive more than double the wages of the men who stood at the fonts. In this remarkable example of what science does for humanity, but especially for the worker, chemistry plays an important part. As long as paper was made from rags the cost of paper production would never have permitted the development of these mechanical improve ments in printing. Not only would paper have been too scarce, its cost would have been too high. But a Frenchman happened to watch a swarm of hornets chewing the decayed fiber of a log and mixing it with some fluid they secreted in their bodies. With this they built their nest, and the Frenchman discovered that the material used was practically paper. He said to himself, “ If hornets can make paper from wood, why can’t human beings?” Now, thanks to his experiments, we make from wood pulp unlimited quantities of paper that enable any newspaper to issue 32 pages each day of the week and many more on Sundays. As for the other uses of paper made possible by this cheap process, the list is inexhaustible. The whole field of industrial chemistry is covered in what the laboratory has done for the improvement of paper alone. As for what this added to life, the results are beyond calculation. You can not touch our present existence at any point without hitting upon some point where science has revolutionized it. But I think that in giving us cheap books and papers science has performed her greatest miracle of all. From the primer before the schoolboy’s eyes to the work of science or history or biography that continues his father’s schooling to his dying day, printing and paper seem to me the magic touch of science that has lifted men’s eyes from the ground and pointed them to heaven and to God. Recently the industrial chemist has given us a quick process for the making of silk in the form of rayon, which will soon supplant the slow and limited supply of that important product. The utterly amazing development of the automobile will either give us a substi tute for rubber, or it will give us an auto tire which is not from rubber at all. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [246] SCIENCE AND THE W ORKER 35 This seething activity in the field of practical science is not con cerned alone with merely bettering our ways of doing the old things, either. It is reaching out to develop new wants and then to supply them. It seems idle to speak of the radio as one of these. The air plane is another just as familiar. At present, alarm has been created for aviation because of recent deaths and accidents. It must be remembered, however, that this high fatality record is to a large extent the outgrowth of “ stunt” flying or the undertaking of hazard ous flights poorly prepared for. On the other hand, commercial flying has become so safe that 2,000,000 flying miles are now achieved to each fatal accident. This is almost as safe as railroad travel and far better than our scandalous accident record from the automobile. General Employment Is True Measure of Prosperity DECAUSE of all these things our whole method of measuring AJ things is being changed. Prosperity used to be measured by the number of things sold. I firmly believe that within f 0 years we shall accept what is to my mind the only true measure of prosperity— that is, the general distribution of employment. We are trailing along the old lines of economic theory in the matter of production, when the object sought was the production of more and more, and ever more. I believe that within 10 years this theory of the old-time economists will be obsolete. I believe the real object to be sought in the future is the manufacture of just enough to satisfy the national demand and the orders that come to us from other lands, and no more. Then we shall see at last some real conservation. Economics will then live up to its name. We shall have real economy in the con servation of our national resources, our raw materials, our national energies, and, above all, a saving in our man power. We shall not wear out our workers, but rather lengthen their lives and usefulness at the same time that we lighten their labors. Most important of all will be economy of time. With our work done more easily and quickly, we shall have a larger remainder of time for use in other and better purposes than the feverish production of goods that we can not sell. Every ounce of production over our capacity to consume is not only a waste; it does more harm than good because it disturbs the price and distribution of that which can not be consumed at a reason able figure. So, while science has accomplished wonders for industry that were undreamed of a century ago, I believe the field of its usefulness is barely opened. One opportunity for a new application of science we see all around us. I believe the science of economics and organi zation must sooner or later reorganize the whole industrial system. Nothing less than that will serve to control and stop overdevelopment of producing capacity, overproduction of commodities—that is, the production of commodities that can not be consumed at a reasonable price. This must be done in a way to avoid the unemployment of labor or the cheapening of labor. On the contrary, we must recognize our working population as in itself a great market. But in the new industrial system hours will be shortened, wages will be maintained and more broadly distributed, and the leisure that will come, the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1247] 36 MONTHLY LABOR R EV IEW “ time to think/’ may be used by the vast majority of our workers to obtain better education, higher intellectual levels, and a still higher standard of living. Neither will this new industrial system be a cost to any one of its groups. On the contrary, it will be not only self-sustaining but selfenlarging. The more highly educated our workers the more they will demand of life. That is, they will demand more commodities to satisfy their needs. The money to meet their wage demands will come of this larger market for goods which they themselves will create. And while this is coming about I believe we shall arrive at a new conception of life itself. Its great goal will then be happiness rather than the possession of many things. It seems to me I see this coming about even now. More and more our industries are paying for brains rather than muscle. Manual skill alone is no longer enough. Brains are more and more demanded, and we are training the brainier worker to supply the demand. It is to be questioned whether automobiles, radio, the motion picture, lectures, and night schools would have appealed to the workman of a hundred and fifty years ago. A t the end of his long d a y’s work he was too tired to feel any interest in such opportunities and forms of amusement. Science has come to his aid, with lighter work, shorter hours, higher pay, and more “ time to think.” But the job is not finished, and science will carry us still farther. If a Greek of 2,000 years ago were to return to earth he would be amazed by these developments of modern practical science. He would marvel at the steam engine and the radio, the telegraph and the telephone, the automobile, the electric light, and the enormous wealth our machinery is turning out. B u t after he had made the round of shop and mine and field he might inquire whether we had brought our minds and bodies along in pace with our machines. For the people of Greece cared more for a sound mind in a sound body than they did for amassing great wealth. The one thing that might reconcile a returned Greek to much of our modern life would be his discovery that human slavery as he once knew it has come to an end and that the machine has become the slave. This is the crowning glory of our modern world, and science has been the giver. Having now freed man from much or most of his ancient labors, the next great work for science is to make this new freeman with “ time to think” happier not by what amazing things he owns but by what amazing things he can think and do. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2481 PUBLIC RETIREMENT SYSTEMS Federal Employees’ Retirement Act HE first law creating a retirement system of general application to Federal employees was approved on May 22, 1920 (41 U. S. Stat. L., p. 614; see Labor Review, June, 1920, p. 184.) This law was amended by four separate enactments of the sixty-seventh Congress (42 U. S. Stat. L., pp. 364, 470, 651, 1047; see Labor Review, November, 1922, p. 198.) After six years’ experience Con gress reenacted the law with several material changes (44 U. S. Stat. L., p. 904), the most important of which provided for more liberal coverage; an increase in the percentage of contributions by the Federal employees from 2 ^ to 3 ^ per cent of their basic annual salaries; credit for every year’s and every month’s service up to 30 years instead of dividing the credit for services into three-year periods; an increase in the maximum annuity from $720 to $1,000; and the compilation of more complete and more valuable records. T System of Contribution DEFORE analyzing the provisions of the law it might be advisable to have in mind the general nature of the law. The retirement act of 1920 provided for the creation of an old-age insurance system for its employees in the service after the passage of the act, and for an old-age pension system as regards service rendered prior to the act. Under the old-age insurance system an employees’ retirement and disability fund was set up. In 1920 proper statistics were not avail able to show the cost of the system, and until sufficient time had elapsed to enable actuaries to give a fair estimate of the cost an arbitrary rate of 2.5 per cent was fixed by Congress as the amount which would be deducted as premiums from the salaries of all persons covered by the act. At the time Congress passed the act of 1920 it was believed that the law would cost the Government at least as much as it would, the employees and that the cost to the Government would be immediate. The Government impliedly assumed responsi bility for the difference between the 2.5 per cent and the actual cost of the system, but no appropriation was passed or percentage of contribution fixed. In 1926 Congress reduced the basis of liability of the Government to the fund from, roughly, three-eighths to oneeighth of the cost by increasing the amount of contributions or pre miums deducted from salaries from 2.5 per cent to 3.5 per cent. Again there was an implied assumed responsibility on the part of the Gov ernment for the difference between this 3.5 per cent and the actual cost. Whether the Government will follow this tendency to increase the share of the employees and eventually relieve itself of all liability by placing the fund on a self-supporting basis or whether it will contribute something as its share for the benefit it receives under the act is for the future action of Congress to decide. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [249] 37 38 MONTHLY LABOR R E V IE W In 1920 there were many old employees immediately eligible for retirement. Under the terms of the act many were retired and were entitled to benefits for which the Government assumed full responsi bility. As they had contributed nothing to the fund, everything due them was in the nature of a pension. They are solely pensioners of the Government, and for their pensions the Government alone must pay the entire cost. Present employees or their fund assume no responsibility and can not be held to be liable in any way for any payments of any nature made to these pensioners. In 1920 many employees who had been for years in the service of the Government were covered by the act, and thereafter a premium of 2.5 per cent was deducted from their salary as their contribution to the fund. As they did not enter the service after the act of 1920 they are not solely under the insurance fund. As they did not immediately retire they are not solely pensioners. To the extent that they ren dered service and contributed to the fund after the act of 1920 the fund is liable for their annuity, but to the extent that they rendered service prior to the act of 1920 the Government alone is liable. When the act of 1920 became effective it was assumed that Con gress would appropriate its contribution to meet the pension pay ments. Congress, however, failed to do this, and, in the absence of an appropriation, those administering the act, in order to make pay ments to annuitants who had immediately retired, took part of the money which had been deducted from the salaries of employees and deposited in the fund, and paid it to persons who had retired under the act. This was done under the authority of the provision directing payments under the law to be made out of the fund. It must be assumed that Congress will in the future repay to the fund the amounts taken and recognize its liability for these payments. The amounts taken from the fund are in the nature of forced loans, “ forced ” because the employees who contributed premiums to create the fund had nothing whatever to say concerning the taking of their deposits, and “ loans” because it must be assumed that Con gress will repay them. Under the present law the Government is liable (1) to the fund for the difference between 3.5 per cent and the actual cost, (2) to annui tants or pensioners to the extent of benefits allowed for service ren dered prior to the act of 1920, and (3) to the fund for the forced loans. The fact that the Government made no appropriations to meet its liabilities complicated the situation. On June 30, 1927, the persons administering the act had taken $40,035,989.95 from the fund, which was the total amount paid to all retired employees as of that day. On these forced loans the Government owed the fund $4,796,549.97 interest. But as these superannuated employees had contributed $2,178,123.36 in assessments to the fund, the Govern ment owed the fund $42,654,416.59 as of June 30, 1927, for annuities already paid. The actuaries and those administering the act realized the danger involved in the Government’s policy of postponing indefinitely the payment of these obligations and. making further forced loans. In creating a plan of Government contribution to the fund, the actuaries have provided for the continuance of the system of loans, but it is planned that the Government will annually make appropriations https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [250] FEDERA L EM PLO Y EES’ R ETIREM ENT ACT 39 liquidating its debt to the fund by a system of amortization or part payments which will completely pay off the debt and at the end of a 30-year period have a sufficient sum deposited to balance the accrued obligation for all service credited prior to the act of 1920. The actuaries estimate the value of all future payments to present annuitants and to persons now in active service who will in the future go on the retired roll as $851,668,106, made up as follows: F unds on h a n d ___________________________________ F u tu re contributio n s of em ployees________________ A ppropriations required of G o v ern m en t___________ $ 68, 336, 761 342, 772, 972 440, 558, 433 T o ta l--------------------------------------------------------- 851, 668, 166 The $440,558,433 required from the Government may be divided into two parts—$47,535,058, which represents the present value of the future contributions, and $393,023,375, which represents the amount which must be placed in the fund to offset the lack of con tributions in the past as of June 30, 1927. This last amount is known as the “ accrued liability.” The actuaries believed that this accrued liability was too large to be covered by a single payment. They calculated that 1.97 per cent of the pay roll annually would liquidate this liability in 30 years if the pay roll increased by approximately 3 per cent per year. An annual contribution by the Government equal to 0.48 per cent of the pay roll, plus the 3.5 per cent contributed by the employees would equal 3.98 per cent, the normal cost of the plan. The actuaries recommended a contribution by the Government of 2.5 per cent instead of 2.45 per cent (1.97 per cent plus 0.48 per cent), as the time of liquidation depended upon the level of the pay roll. Explaining this the actuaries say: As th e em ployees are p ay in g a n a rb itra ry co n trib u tio n of 3K p er cen t of th e ir salaries, th e G overnm ent m ig h t v ery pro p erly co n trib u te a ro u n d sum e q u iv alen t to 23^ p er cent of salaries in stead of 2.45 p e r cent, a n d in th is m a n n e r it w ould a c tu a lly begin th e liq u id atio n of th e accrued lia b ility even if th e p ay roll did n o t increase. If th e p ay roll does n o t increase, co n trib u tio n s a t th is p ercen tag e m ay be expected to liq u id ate th e accru ed liab ility in 71 years; if th e p a y roll increases by 1 per cent each year, th e percen tag e will liq u id a te th e accrued liab ility in ap p ro x im ately 42 years; if it increases by 2 p e r cen t each year, 33 years will be required for th e liq u id atio n of th e accrued liab ility ; while if th e p a y roll increases by 3 per cen t each year, th e period req u ired to liq u id a te th e accrued lia b ility w ould be only a b o u t 28 y e a rs .1 On the basis of 2.5 per cent the Budget Bureau recommended an appropriation for the fiscal year ending June 30, 1929, of $19,950,000,2 and this item was approved by the Committee on Appropriations (H. R. 9136) in its report to the House of Representatives, January 11, 1928.3 On January 12, 1928, Mr. Cramton explained the item in the House of Representatives in part as follows: We n iay fairly assum e t h a t th e n u m b er of persons th a t will re tire from y ear to y ear in th e fu tu re will increase a t a b o u t th e sam e ra te th a t th e a c tiv e force h as increased from y ear to y ear in th e p ast. T his m eans th a t pension p a y m e n ts will p ro b ab ly increase w ith in th e n ex t 10 years to a p o in t w here th e y will finally exceed th e em ployees’ n e t a n n u a l c o n trib u tio n s; t h a t is, a fte r m ak in g dedu ctio n s 1 United States Department of the Interior, Bureau of Pensions. Seventh Annual Report of the Board of Actuaries as of June 30, 1927. Washington, 1927. (H. Doc. No. 131, 70th Cong., 1st sess., p. 7.) 2 Budget for the fiscal year ending June 30, 1929, p. 645. 3 United States. Congress. House of Representatives. Committee on Appropriations. Report. Washington, 1927, p. 22. (H. Rept. No. 225, 70th Cong., 1st sess.) See also Hearing before Subcommittee of House Committee on Appropriations, Interior Department Appropriation Bill, 1929, p. 732, H . R. 9136. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 5 1 ] 40 MONTHLY LABOR R EV IE W for refunds to th o se dying or w ith d raw in g from th e service. Such n e t a n n u a l co n trib u tio n s of em ployees now a m o u n t to ap p ro x im a te ly $20,500,000 ($24,358,882 —$3,862,288 = $20,493,594). W hen t h a t tim e is reach ed th e a m o u n t in th e fu n d will begin to dim inish ra p id ly a n d in th e course of 10 y ears m ore th e fu n d will be ex hausted a n d th e re a fte r th e G o v ern m en t will h av e to p ro v id e each year th e difference betw een th e a m o u n t of th e em ployees’ n e t c o n trib u tio n s a n d th e to ta l pension p ay m en ts. I t is fa ir to assum e t h a t w ith in th e n ex t 30 o r 40 years th e to ta l pension p a y m e n ts a n d refu n d s will h av e increased to a b o u t $40,000,000 a year. T he B oard of A ctuaries te ll u s th a t, according to th e v a lu a tio n w hich th e y m ade as of Ju ly 1 , 1927, th e o b ligation w hich th e G o v ern m en t assu m ed w hen th e re tire m e n t a c t becam e law in 1920, plus t h a t w hich i t h as in cu rred b etw een th a t d a te a n d Ju ly 1 , 1927, am o u n ts to $393,000,000. T his is g enerally referred to as th e “ accrued lia b ility .” T his d e b t m ig h t be held indefin itely a t its p resen t am o u n t by sim ply a p p ro p ria tin g in te re st on it a t 4 p er cent, w hich w ould a m o u n t to $15,720,000 a y ear. T h e p a y roll of th e em ployees covered u n d e r th e a c t am o u n ted on Ju ly 1 , 1927, to $798,000,000. T his a p p ro p ria tio n of $15,720,000 am o u n ts to 1.97 p e r c en t of th e p a y roll. T herefore if th e G o v ern m en t w ere to a p p ro p ria te 1.97 p e r c en t of th e p a y roll, th e accru ed lia b ility could be h eld a t its presen t a m o u n t of $393,000,000. Such a n a p p ro p ria tio n w ould n o t, how ever, fully m eet th e obligation of th e G overnm ent, fo r th e c o n trib u tio n s m ad e b y th e em ployees a t th e ra te of 3.5 p e r c en t of th e ir salaries h av e been fo u n d b y a c tu a ria l d eterm in atio n to fall sh o rt of th e a m o u n t req u ired to p a y th e benefits b y fo rty -eig h t h u n d re d th s of 1 p e r cen t of th e a n n u a l p a y roll. F o rty -e ig h t h u n d re d th s of 1 p er cent of th e p a y roll am o u n ts to $3,851,794. T herefore if th e G o v ern m en t w ere to ap p ro p ria te 2.45 (1.97 + 0.48) p er c en t of th e p a y roll, or $19,572,729, it w ould hold th e accrued liab ility a t its p resen t level a n d w ould pro v id e its sh are of th e accruing liab ility d u rin g th e com ing year. W hen I say t h a t to a p p ro p ria te 2.45 p e r c en t of th e p a y roll it will hold th e accrued liab ility a t its p re se n t a m o u n t a n d p a y th e G o v e rn m e n t’s accruing liability, I m ean pro v id ed th e p a y roll rem ains a t its p resen t level of $798,000,000. If th e p a y roll increases beyond th is a m o u n t th e c o n trib u tio n corresponding to th e increase w ould te n d to liq u id a te som e p a r t of th e lia b ility of $393,000,000. In considering th is q u estio n of th e a m o u n t w hich th e G o v ern m en t m ig h t properly a p p ro p ria te fo r a c co u n t of th e re tire m e n t fu n d , th e B u d g et B ureau decided to recom m end a n ap p ro p ria tio n of a n even 2.5 p e r cen t of th e p a y roll, or a to ta l of $19,950,000. T his w ould m ean t h a t th e difference betw een 2.45 p er cent an d 2.50 p e r cen t of th e p a y roll, or, roughly, $400,000, th e G o v ern m en t w ould a p p ly to th e liq u id a tio n of th is accru ed lia b ility of $393,000,000 .4 This bill passed the House of Representatives on January 13 and the Senate on February 4, 1928. Analysis of Act of 1926 Employments Covered rT ,H E employees within the scope of the act include: A 1. All employees in the classified civil service of the United States. 2. Certain specified employees working in the District of Columbia, not otherwise covered, and superintendents of national cemeteries. 3. All employees of the Panama Canal on the Isthmus of Panama who are citizens of-the United States. 4. Certain unclassified employees in cities and establishments in which appointments are made under specified conditions. 5. All regular annual employees of the municipal government of the District of Columbia appointed by the commissioners or other competent authority. 6. All employees to whom the Federal employees’ retirement act of May 22, 1920, and amendments shall have been extended by executive order. * Congressional Record, Jan. 12, 1928, vol. 69, p. 1442. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 5 2 ] FED ER A L EM PLO Y EES’ R ETIREM ENT ACT 41 7. Postmasters of the first, second, and third class who have been promoted, appointed, or transferred from the classified civil service. Employees whose employment is intermittent or of uncertain duration and who fall within groups 2, 3, and 4 do not come under the act and any employee or group of employees so employed and within one of the other groups may be excluded by the President from coverage by the act. Several classes of employees are specifically excluded from the act. They are: (a) Certain employees of the lighthouse service, (b) members of the police and fire departments and school officers and teachers of the District of Columbia, (c) postmasters except those described in group 7 above, (d) employees excluded by Executive order from the benefits of the Federal employees’ retirement act of May 20, 1920. Groups (a) and (6) are covered by special retirement systems. Employees in the foreign service of the United States are also provided for by a special retirement system. (43 U. S. Stat. L., p. 144.) Any employee or group of employees in the civil service not covered may be brought under the act by Executive order upon recommenda tion of the Civil Service Commission. Retirement All employees covered by the act who have attained the age of 70 years and rendered at least 15 years of service are eligible for retire ment and an annuity as described below; except that after 15 years of service, letter carriers, post office clerks, sea post clerks, laborers, and mechanics are eligible for retirement and the annuity upon attaining 65 years; and after 15 years of service, railway postal clerks, those employees whose occupations are hazardous or require great physical effort or which necessitate exposure to extreme heat or cold, and employees 15 years or more in service in the Tropics are eligible upon attaining the age of 62 years. The classification of employees for the purpose of assignment to the various age groups is determined jointly by the Civil Service Commission and the heads of the department, branch, or independent office of the Government concerned. The term “ mechanics” is defined to include certain employees of the Government Printing Office and special provision is made for certain mechanics transferred or reduced to minor positions. The act provides that all employees covered by the act shall, on arriving at retirement age and having rendered 15 years of service, be automatically separated from the service and all salary shall cease, but if the head of the department, branch, or office certifies to the Civil Service Commission that by reason of the efficiency and willingness of the employee to remain in the civil service the con tinuance of such employee therein would be advantageous to the public service, such employee may be retained in the service for two years, receiving additional extensions for two-year periods thereafter; after August 20, 1930, however, no employee may be continued in the civil service more than four years beyond the age of retirement. No person receiving the old-age annuity may be employed again in any position covered by this act. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [253] 42 MONTHLY LABOR R EV IEW Any employee covered by the act who has had 15 or more years of service and who, before becoming eligible for old-age retirement, becomes totally disabled for useful and efficient service by reason of disease or injury not due to vicious habits, intemperance, or willful misconduct on his part shall, upon his request or the request or order of the head of the department, branch or office concerned, be retired and allowed the annuity described below. The application for retire ment must be made prior to or within six months after separation from the service. Medical examination and report by a medical offi cer of the United States or physicians or surgeons designated by the Commissioner of Pensions, showing disability, is required. At least one annual medical examination is required in each case (unless it is clearly evident that it is unnecessary) until the employee reaches the regular retirement age. No person shall be entitled to both the payments under this act and those under the United States employees' compensation act for the same period of time, but the employee may elect to receive the greater benefit conferred by either act for any part of the time. Employees, 45 years of age or over, who, after at least 15 years of service and before becoming eligible for old-age retirement, become involuntarily separated from the service, but not by reason of mis conduct or delinquency, are entitled to certain allowances described below. But these allowances cease if such employees be reemployed in the Government service. Annuities and Refunds The annuity allowed an employee for old-age retirement under the act is computed by multiplying the average annual basic salary(not to exceed $1,500) received by such employee during the 10 years of allow able service immediately preceding the date of retirement by the num ber of years of service (not to exceed 30) and dividing the product by 45. The law provides that the maximum allowance per year shall be $1,000 but it also provides that the annuity shall be fixed at the near est multiple of 12, making the actual maximum $999.96 An employee retired under the act because of disability shall be entitled to an annuity computed on the same basis as that for old-age retirement but, if before reaching retirement age such employee is found, after examination, to be restored to an earning capacity which would permit him to be appointed to some appropriate position fairly comparable in compensation to the position occupied at the time of retirement, payments cease 90 days after such examination. An employee, 55 years of age or over, involuntarily separated from the service after at least 15 years of service and before becoming eligi ble for old-age retirement may elect to be paid either (a) the total amount deducted from his basic salary with interest or (b) an immedi ate life annuity, beginning at the date of separation from the service, having a value equal to the present worth of the annuity which would have been allowed him at the age at which he would otherwise have become eligible for retirement, or (c) a deferred annuity, beginning at the age at which he would otherwise become eligible for retirement, of the amount which would have been allowed him at that age. An employee between 45 and 55 years of age, involuntarily separated from the service after at least 15 years of service and before becoming https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [254] F É D É R A L E M P L O Y E E S ’ R E T IR E M E N T ACT 43 eligible for retirement, shall be entitled to a deferred annuity, but upon reaching 55 years of age he may elect to receive the immediate life annuity based on its present worth at the time. Any employee covered by this act, who is transferred to an employ ment not under the act or who becomes separated from Govern ment service before becoming eligible for retirement, shall be refunded the amount deducted from his salary with interest. But if such employee reenters the service in any employment covered by the act, such refund must be redeposited, with interest, in order to receive any benefit under the act. In case of the death of an annuitant after retirement but before he has received payments equal to the deduc tions from his salary, with interest, the excess shall be paid to his legal representatives. If an employee dies before becoming eligible for retirement or establishing his claim for an annuity, the amount deducted from his salary, with interest, shall be paid to his legal representatives. If a former employee entitled to a refund be comes legally incompetent the refund shall be paid to his guardian or committee. None of the moneys mentioned in this act are assignable, subject to execution, levy, attachment, garnishment, or other legal process. The aggregate period of service which forms the basis for calcu lating the amount of any benefit is computed from the date of original employment, including periods of service at different times and in one or more departments, branches, or offices, and service overseas, and in the Army, Navy, Marine Corps, or Coast Guard. But in the case of an employee electing to receive a pension or retired pay on account of military or naval service, or compensation under the war risk compensation act, the period of his military or naval service upon which such pension is based is not included. He may, if so entitled, receive both a pension for his military or naval service and an annuity under this act. Employees who transfer from an employment covered by this act to an employment not so covered but in Government service and who later return to an employment covered by the act receive credit for such time in the employment not covered upon contributing to the fund the amount he would have contributed if he had continued in the covered employment. Periods of separation from the service and any leave of absence exceeding six months in the aggregate in any calendar year shall not be included in computing length of service. All persons already retired under the provisions of the act of May 22, 1920, shall have their annuity computed and paid in accordance with the act of 1926, but in no case is the annuity to be reduced. The act provides that payments shall be made by check on the first business day of each month following the period for which the payment has accrued. The old-age retirement annuity commences from the date of separation from the service and continues during the life of the employee. Source of Funds Funds are secured by deductions from the basic salary of all em ployees covered by the act. From July 31, 1920, to July 1, 1926, deductions were at the rate of 2 3^2 per cent. Since that time, however, employees have been required to contribute 3p2 per cent of their basic salaries. These amounts so deducted are deposited in the 82645 —28------ 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [255] 44 m onthly labor r e v ie w Tieasury of the United States to the credit of the “ civil-service retirement and disability fund” out of which fund annuities, refunds, and allowances are to be paid. All employees covered are deemed to have consented to these deductions. The Secretary of the Treas ury is authorized to receive as a supplement to the fund any dona tions by private individuals or organizations for the benefit of civilservice employees. The Secretary of the Treasury is directed to invest portions of the retirement fund in United States bonds and in Federal larm loan bonds and the income from such investments is made a part of the fund. Administration The administration of the act is placed in the Commissioner of Pensions under the direction of the Secretary of the Interior. An appeal from the final action of the Commissioner of Pensions is allowed to the Secretary of the Interior. The Commissioner of Pensions is required to make an annual report and to transmit to Congress, through the Secretary of the Interior, the reports and recommendations of the board of actuaries. The Civil Service Commission is required to keep a record of essential information concerning individual service and to furnish the Commissioner of Pensions such reports therefrom as he shall request. The commission is also required to prepare and keep tables, records, and other information which may be used to serve as a guide for future valuations and adjustments of the plan for retire ment. Three actuaries (one of whom shall be the Government actuary), selected by the Commissioner of Pensions and known as the board of actuaries, shall make an annual report upon the actual operations of this act, make a valuation of the “ civil-service retirement and disability fund ” at least every 5 years, prepare such tables as may be required by the Commissioner of Pensions for the purpose of com puting annuities under the act, and shall have authority to recom mend such changes as in their judgment may be deemed necessary. I he Secretary of the Interior shall submit annually to the Bureau of the Budget, estimates of the appropriations necessary to finance the retirement fund and to continue this act in full force and effect. The Comptroller General shall establish and maintain an account showing the annual liabilities of the Government under this act and shall keep such other accounts as may be deemed necessary. Statistics of Operation of the Act T H E report relating to the Bureau of Pensions for the fiscal year ending June 30, 1927, found in the annual report of the Secre tary of the Interior, contains some interesting statistics showing the operation of the act. In presenting figures on the number of claims for refund^ settled each year since the first retirement law became operative in 1920, the report states that it is believed that these figures present a fair index of turnover in the civil service as a whole and concludes that employment conditions in the civil service are grad ually becoming stabilized and that unless some unusual condition https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 5 6 ] 45 FED ER A L EM PLO Y EES’ R ETIREM ENT ACT arises the annual turnover will soon reach a normal proportion. The number of claims for refund settled during each fiscal year are: 1921 1922 1923 1924 _______________ 26, ______________ 70, ______________ 58, ______________ 45, 116 978 502 434 1925 1926 1927 ______________ 36, 742 ______________ 34, 005 _______________ 31, 760 The following tables were taken from the report relating to the Bureau of Pensions: R e c e ip ts a n d d is b u r s e m e n ts , c iv il-s e r v ic e r e tir e m e n t, y e a r e n d in g J u n e 3 0 , 1 9 2 7 B alance in th e fu n d Ju ly 1, 1926_____________________________ $54, 629, 004. 93 T ransfers on th e books of th e T re a su ry D e p a rtm e n t to th e cred it of th e “ civil-service re tire m e n t a n d d isab ility f u n d ” [am ount d educted from salaries a n d cred ited to fu n d ]----------- 24, 355, 882. 00 In te re st, profits, an d m iscellaneous item s_____________________ 2, 812, 581. 84 T o tal in fu n d __________ _______________________________ 8 1 ,7 9 7 ,4 6 8 .7 7 D isbursem ents on acco u n t of a n n u itie s_______________________ 9, 598, 285. 73 D isbursem ents on acco u n t of refunds (including $329,869.02 ------------------------in te re s t)___________________________________________________ 3, 862, 288. 82 T reasu ry s e ttle m e n t_________________________________________ 133. 27 T o ta l d isb u rsem e n ts____ _____________________________ 13, 460, 707. 82 B alance in th e fu n d Ju n e 30, 1927__________________________ - 68, 336, 760. 95 N U M B E R , SE X . A N D CAUSE FOR W HICH R E T IR E D OF C IVIL-SERVICE A N N U IT A N T S ON T H E ROLL JU N E 30, 1927, A N D AG G R EG A TE C O N T R IB U TIO N S M A D E BY T H E M Female Male Aggre con Retired gate Retired Retired Retired dis for age for dis tribu tions for age for ability ability Class Total num ber Mechanics __ ______ _____ _______________ -City and village letter carriers Rural letter carriers . . . ________ . . - - ____. . . Post-office clerks ________ _ _____ _______ Railway mail clerks _ ______ _____ Departmental and other clerks. ------- ---------------Classified and unclassified laborers___ _ _____ _ Tropical service and hazardous occupation___ _ . . . 3,195 2,414 2,205 1,222 1,132 3,112 805 34 2, 595 1, 793 1,918 842 1, 017 1, 880 532 17 396 621 279 226. 115 543 113 17 Total .......... 14,119 Average contributions__________________________ 10, 594 2, 310 N u m b e r o f c iv il-s e r v ic e a n d a n n u ita n ts a n n u a l v a lu e r e c e iv in g ea ch c la s s ifie d o f r e tir e m e n t r o ll, Amount of annuity J u n e 167 37 2 100 6 54 395 95 294 65 759 456 1,705, 290 120. 77 a m o u n t, 3 0 , a vera g e $361, 619 324, 759 268,861 156, 663 136, 731 376,845 73,136 6, 671 a n n u ity , 1 9 2 7 Number of annuitants U n d er $100_____________________________________ B etw een $100 an d $200_________________________ B etw een $200 a n d $300--------------B etw een $300 a n d $400_________________________ B etw een $400 a n d $500_________________________ B etw een $500 a n d $600---------------B etw een $600 a n d $700_________________________ B etw een $700 an d $800_________________________ B etw een $800 a n d $900_________________________ B etw een $900 a n d $999.96______________________ $999.96________________________________________ T o ta l____________________________________ 1, 1, 1, 1, 2, 1, 2, 10 106 409 831 765 560 508 528 117 545 740 14, 119 A verage an n u al r a t e ____________________________ $721. 39 A nnual value of re tire m e n t ro ll-------------------------- $10, 185, 305. 41 N o t e .—The annual value of the retirement roll is reached by multiplying the number of annuitants by the average annual rate, and it represents the amount necessary to pay such annuitants for one year. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 5 7 ] 46 M ONTHLY LABOR REV IEW AVERAGE SALARY R E C E IV E D D U R IN G LAST 10 Y E A R S OP SERVICE B Y A N N U IT A N T S ON R E T IR E M E N T ROLL, JU N E 30, 1927 Eligible for retirement at— Average salary Total on roll Age 62 Less than $300_____ $300 to $600_____________ $600 to $900__________ $900 to $1,200 ____ $1,200 to $1,500________ _ $1,500 to $1,800________ $1,800 to $2,100 . _ _ $2,100 to $2,400__________ $2,400 to $2,700________ $2,700 to $3,000 _ _____ $3,000 to $3,300__________ $3,300 to $3,600________ $3,600 and over__________ Total_____ ______ Age 65 Aggregate annuities Age 70 Aggregate compensation 26 179 1,141 2, 603 4, 981 3, 652 965 308 130 56 43 16 19 1 5 27 354 414 262 87 9 4 1 2 21 138 702 1,966 3, 679 2,748 397 106 41 20 13 4 6 5 40 434 610 948 490 306 115 80 32 29 10 13 43, 781 467; 427 1, 363, 028 3,819, 210 3,117, 814 855,444 277, 778 117,368 52,166 39,016 14,197 16,231 83, 910 889,990 2,819; 676 6; 682; 737 5 , 913; 517 1,855,125 ' 682; 165 328; 070 159; 184 134; 956 54; 998 83; 855 14,119 1,166 9,841 3,112 10,186, 837 19, 694, 426 A verage a n n u ity -------------------------------------------------------------------------- $721. 39 A verage annual com pensation________________________________ i 394. 88 N u m b e r o f c iv il-s e r v ic e a n n u ita n ts a n d a m o u n t o f a n n u itie s Annuitants at end of year 1920192119221923192419251926- 21------------------------------------------22------------------------------------------23------------------------------------------24------------------------------------------25------------------------------------------26------------------------------------------27------------------------------------------- 6, 471 7, 576 9, 334 10, 548 1 1 , 689 12, 524 14, 119 p a id , b y fis c a l ye a rs Annuities paid during year $2, 590, 4, 188, 4, 964, 5, 692, 6, 235, 6, 766, 9, 598, 568. 52 258. 89 001. 92 443. 59 830. 16 601. 17 285. 73 The total annual deductions from the salaries of Federal employees covered by the act have been sufficient, since the passage of the act, to meet the annuities of retired employees and allow a balance to accumulate in the retirement and disability fund. As noted above, this balance in the fund as of June 30, 1927, amounted to $68,336,760.95. The board of actuaries in its sixth annual report, for the year ending June 30, 1926, estimated that 3.98 per cent of the basic annual salaries of employees covered by the act would be sufficient to cover the continuing or normal cost of the system (not including the accrued liability). As noted above, by act of Congress, deductions are made from the salaries of employees at the rates of 3.5 per cent, regardless of the age, salary, length of service, or physical condition of the employee. Under this provision one employee may contribute 3.5 per cent over a 50-year period on an average salary of $3,000 and yet receive the same annuity as another employee who has been con tributing only 30 years on an average salary of $1,500. The board of actuaries, commenting on the retirement act as amended July 3, 1926, says: T he rep o rts of th e b o ard of actu a rie s h av e rep e a te d ly stressed several im p o rta n t p o in ts in resp ect to th e re tire m e n t a c t as it existed before th e re c e n t am endm ents. T h e m ain p o in ts w ere as follow s: F irst, th e b o ard believed th a t th e p lan w as u n fair to em ployees because i t exacted un ifo rm c o n trib u tio n s from em ployees on th e basis of th e ir full salaries a n d th e n p ro v id ed benefits based on lim ited salaries irrespective of th e em ployee’s age, so t h a t certain em ployees p aid a sm all p a r t of th e cost of th e ir allow ances while o th ers w ith https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [258] PUBLIC SERVICE R ETIREM ENT— AUSTRIA 47 g reater service a n d ap p a re n tly g re a te r claim s to consideration from th e G overn m en t were forced to p ay p ractically th e en tire cost of benefits; second, th e re tire m e n t allow ances w ere on th e av erag e to o sm all to offer a satisfacto ry m eans of retirin g em ployees; th ird , no sy stem of records to p ro te c t th e G o vernm ent a n d th e em ployees w as p rov id ed fo r u n d er th e a c t; a n d fo u rth , th e system w as n o t being properly financed b y ap p ro p ria tio n s to cover th e cu rre n tly accruing liability, so t h a t th e G overnm ent w as piling up a trem en d o u s accrued liab ility to be m e t b y fu tu re tax p ay e rs or to be rep u d ia te d w ith h ard sh ip a n d em b arrassm en t to em ployees. An exam ination of th e new law to determ ine how fa r th e defects of th e original law h ave been rem oved indicates th a t while th e new a c t is a n im p ro v em en t over th e previous law , th e p lan is still so in eq u itab le th a t th e b o ard believes it will u ltim ately h av e to be am ended. The situation covered by the first point raised by the actuaries has not been changed. As to the second point due to the amendment of 1926 which raised the amount of the annuity, the act, the actuaries say, now comes nearer to providing an adequate means of retirement. With reference to the third point raised, the actuaries say that under the new law undoubtedly the Comptroller General will inaugurate a system of records to protect the Government and the employees and this will mean a very substantial improvement in the administration of the system. As to the fourth point, Congress has not yet properly financed the system by appropriations to cover the accrued and cur rently accruing liability. Public-Service Retirement Systems In Foreign Countries HIS is the second article on public service retirement systems in foreign countries, and comprises part of the study on various retirement systems now being made by the Bureau of Labor Statistics. The retirement systems of Great Britain and France are described in the Labor Review for January, 1928 (pp. 33-42), T AUSTRIA 1 Legislation '"THE main laws on which the present Austrian civil-service retirement and pension system is based are the Austrian Constitu tion; the law of January 25, 1914; the pension law of December 17, 1921; and the salary law of July 18, 1924. There are other laws 2 affecting retirement and pensions, but they are rather of a supple mentary nature, concern certain details, or contain temporary measures in connection with war-time emergencies and the rise of the cost of living. 1 The data on which this section is based are from Reichsgesetzblatt, Jan. 27,1914, and July 31,1917; Staats gesetzblatt, N ov. 30, 1918, Dec. 18 and 30, 1919, and June 5 and Oct. 13, 1920; Bundesgesetzblatt, Dec. 29, 1921, July 29 and Oct. 22, 1922; M ay 16 and July 24, 1924, Dec. 18 and 31, 1926, and Apr. 14, 1927; unpub lished material furnished to the Department of Labor through the Department of State. 2 These laws which are still in force either in whole or in part, are the following: Imperial decree of Dec. 9,1866 (granting pensions to civil-service employees); law of M ay 21,1868 (relating to civil-service employees in the judiciary); law of M ay 14, 1896; imperial decree of June 9, 1915, and administrative resolution of Dec. 10, 1915; decree of Ministry of Finance of June 20,1917; executive order of State Finance Office of N ov. 28, 1918; law of Oct. 20, 1919 (relating to the military police); law of Oct.30, 1919 (relating to guards in the Finance Bureau); law of Oct. 30, 1919 (relating to the police); law of Oct. 1, 1920 (concerning civil-service employees in the post and telegraph service); law of Oct. 1, 1920 (known as the accident survivor law); law of July 14,1921; decree of April 27, 1922; law of July 24,1922; resolution of Sept. 28, 1922; resolution of Feb. 14, 1923; law of Mar. 21,1925; law of Apr. 3,1925; executive order of M inistry of Commerce and Trans portation of April 7, 1925, No. 11470 (referring to the postal service); law of M ay 26, 1926; decree of Dec. 7, 1926 (referring to mail carriers on a commission basis and to their survivors); law of Dec. 10, 1926; law of April 1, 1927; decree of Apr. 12, 1927 (referring to postal employees and their survivors); decree of Min istry of Social Welfare of M ay 4, 1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [259] 48 MONTHLY LABOR R EV IEW The officials and employees in Government offices and establish ments, including State corporations, have the right to pension, with the exception of contract civil employees. “ Contract employees” are employees engaged for a specific task. Provisions as to Retirement and Pensions Ç jEN ER AL provisions.—A civil-service employee, upon retirement from service, is paid either a pension or a lump sum. He draws his pension from the 1st of the month following his retirement, of which he is formally notified, and until that date he continues to receive his salary in full. Retirement age^ and disability.—A civil-service employee is entitled to retire if he is disabled for service, either permanently or temporarily. In the first case he retires permanently and in the other temporarily. Any civil-service employee may be compelled to retire if he is per manently disabled or has passed the age of 60 and has acquired the right to full pension. An employee is pensioned, under legal regula tions, when he has been absent from his work more than one year on account of sickness. 1 he cause, degree, and probable duration of disability of a civilservice employee must be ascertained by an officially appointed physician. In doubtful cases the proper authorities may reexamine the case. No examination is required when a civil-service employee has passed his sixtieth birthday. Judges retire on December 31 following their sixty-fifth birthday. A judge may be compelled to retire permanently or temporarily on the ground of bodily or mental defect, ascertained by a disciplinary court. Appeal.—If a civil-service employee is dissatisfied with the dis position of his pension claim, he may appeal to the administrative authorities, and it not satisfied with their decision he may, within six months, carry his case to the constitutional court for redress. Basis for calculation of pension.—The annual pension is calculated on 78.3 per cent of the salary or income from service (that income which is recognized by the proper authorities as the basis for cal culation). This 78.3 per cent of the income is called the “ pension calculation basis” (Ruhegenussbemessungsgrundlage), and the max imum pension may not exceed this amount. Length of service. As a rule, a pension claim arises only after 10 years’ service. For a shorter term of service than 10 years a lump sum is usually paid, which for a term of from 3 to 5 years of service amounts to the equivalent of the pension calculation basis, and for a term of _5 to 10 years of service is equal to twice the pension calcu lation basis. After more than 10 years’ service the pension is 40 per cent of the pension calculation basis. The pension increases by 2 per cent for each additional year of service, so that the maximum pension is reached after 40 years of service. The pension increase to a civil-service employee who has completed a university course is 2.4 per cent of the pension calculation basis for each year after 10 years of service, so that he can obtain the maxi mum pension after 35 years of service. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T260] PUBLIC SERVICE RETIREM ENT— AUSTRIA 49 Pension privileges.—The special per cent of 2.4 of the pension cal culation basis for each year of service after 10 years is also granted to civil-service employees in executive positions in the post, telegraph, and telephone service and in supervisory positions in Federal prisons and jails. _ . For civil-service employees in the customs service and lor police officers three years’ service is counted as four.^ For military police officers one full year of service is counted as 16 months. War-time privileges.—If a civil-service employee is retired because of permanent disability half a year is added to the period of his civil service for every calendar year of the war during which he was at least six months in active civil service, provided he is not entitled to other war pension privileges under paragraph 2 of the law of No vember 28, 1918. One year is added to his civil service time for each calendar year in which a civil-service employee had at least three months of active military service, and in case he took part in fighting, was wounded by the enemy, or became disabled through war service (by disease), the counting of the calendar year as a “ war year” is his right without regard to the duration of his military service. Lump-sum payment.—A lump sum will be granted a civil-service employee at his request, provided he renounces for himself and his family all claims which may have arisen from his service. The lump sum amounts to the total salary for two years calculated at the rate of his last annual salary ; that is, the salary or income which serves as the basis for calculation of pension. Widow’s and Orphans’ Pensions provisions.—In case of death of a civil-service employee GENERAL his surviving family are entitled to a death benefit either in the form of a lump sum or of a pension amounting to three times his last monthly salary. . The “ family” as used in the pension law, includes the widow, unless a divorce can be proved in which the wife was the guilty party, and the legitimate children or children who have been legitimated by a subsequent marriage. The children of a civil-service employee are entitled to the death benefit only if there is no widow with a valid claim. _ . Widow's pension.—If a civil-service employee at the time of his death had not acquired the right to a pension, his widow is entitled to a lump-sum payment amounting to one-fourth of the last annual salary which serves as the basis of pension calculation; otherwise she is entitled to a widow’s pension, equal to 50 per cent of the pension which her deceased husband was receiving or would have been entitled to at the time of his death. The widow of a civil-service employee who had passed his sixtyfifth year of age before the marriage took place is entitled to a widow’s pension only if such employee had had at least 15 years of service and if the marriage had lasted at least two years, or, in the case of the marriage of a retired employee, three years. In the latter case the difference in age between the married couple may not exceed 25 years. However the condition as to the duration of a marriage contracted by a civil-service employee after he was 65 years of age is not insisted upon if a child has been born in wedlock or has been legitimated by https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [261 ] 50 MONTHLY LABOR R EV IEW the marriage, or if proof can be furnished that the widow, at the time of the death of her deceased husband, was pregnant. Orphans’ pension.—Besides the widow’s pension a widow is granted for each of her children for their education an amount equal to onefifth of the widow’s pension. The total of the widow’s pension and the orphans’ pensions may not exceed the pension calculation basis of a civil-service employee who died during service. The pension of a widow of a retired employee may not exceed the sum of his pension. The orphan’s pension is paid until the child reaches 21 years of age, or has been otherwise provided for; if by reason of physical or mental defect the child is unable to earn a livelihood, the pension may be granted for a longer time, i. e., for the lifetime of the child. Should a child, because of studies or extended special training, not be able to earn its living at the age of 21 years, the pension may be continued until its twenty-fourth year. The children, if no widow files a claim, are entitled, in case the civil-service employee at the time of his death was not entitled to a pension, to a lump sum, amounting to one-fourth of the last annual salary which serves as the basis of pension calculation; otherwise they are entitled to an undivided orphans’ pension amounting to half the customary widow’s pension. If the total sum of the orphans’ pension to which the widow would have had a claim exceeds the amount of the widow’s pension, the excess is to be allotted as a supplement to the widow’s pension, for the orphans’ pension may not exceed that of the widow. Whenever a child starts earning its own living, this supplement is reduced by the sum representing the portion for one child. Loss of Right to Pension n rilE right to a pension expires on the loss of Austrian citizenship A or when a civil-service employee is sentenced for a crime, or declares his intention to leave the service and renounces his claim to the pension, or when a disciplinary court decrees the forfeiture of the pension. The widow loses her right to a pension when she marries again. If a widow has not claimed the lump sum which may be paid instead of a pension, the widow’s pension is suspended as long as the second marriage lasts. Contributions of Civil-Service Employees CIVIL-SERVICE employee pays pension contributions equal to 3.2 per cent of his salary for the duration of his service if he is entitled to a full pension before the fortieth year of service, and amounting to 2.8 per cent in the case of a pension payable after 40 years of service. Contract Civil-Service Employees the ordinance of January 16, 1925, a contract civil-service employee in full-time employment, when prevented by illness from performing his service and this is not due to carelessness or design, has a claim to full pay for a month, or, if he has served more than two years, for two months. In exceptional cases the salary may also be paid for a third month. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [ 262 ] PUBLIC SERVICE R ETIREM ENT— BELGIUM 51 B EL G IU M 3 ^IV IL-SERV ICE retirement and pensions in Belgium, are governed and regulated by numerous laws. The most important is, perhaps, the law of July 21, 1844, covering the system of civil-service pensions. This law was successively amended and modified by the laws of February 17, 1849, January ‘lO, 1886, June 3, 1920, and July 29, 1926. There have also been enacted special laws relating to pensions of judges (law of July 25, 1867), high school teachers (law of July 30, 1879), grammar school teachers and professors and teachers in public or elementary schools (laws of 1876, 1884, 1901, and 1912), and the clergy (law of April 24, 1900). Since July 1, 1924, all pensions are composed of a fixed sum and of a changeable sum. The latter varies according to the fluctuations of the value of the franc in relation to the cost of living. This com bination has given satisfactory results to all concerned so far, except that it has somewhat complicated the administrative work. Whether it will be retained or will be abandoned or modified, owing to the stabilization of the franc, remains to be seen. In examining the existing laws governing civil-service retirement and pensions in Belgium, a decided line must be drawn between pensions to civil-service employees themselves and pensions to their widows and orphans. Pension of Civil-Service Employees y IIE pensions to civil-service employees are gratuitous, being charged to the public treasury. There is no special pension fund to maintain these pensions, the necessary sums for their pay ment being included yearly in the budget of public debt. The pensions paid are, as a general rule, proportioned to the salaries and the length of service. The payment of more than one pension to a civil servant or the payment of a pension and a salary to him is authorized only under certain conditions. The regulations as to retirement and the payment of pensions of civil-service employees in various administrative departments may be summed up as follows: Magistrature Age and length of service.—Retirement is required at the age of 70 years in the jurisdiction of lower courts, and from 70 to 75 years m the jurisdiction of higher courts. For 30 years of civil service, of which at least 15 years have been in the magistrature, a pension is paid equal to the average salary of the last three years. In case a civil-service employee has reached the retirement age and has been in civil service less than 30 years his pension is onethirtieth less than the average salary of the last three years. . Disability 'pensions.—When a civil-service employee who has been in the service five years or over is disabled from any cause other than accident in the service, he is entitled to a pension of one-sixth of the 8 The data on which this section is based are from Les Codes et les lois spéciales les plus usuelles en vigueur Brus.sels> Axters, Henry, Commentarie de la loi organique, Brussels, 1898, X IV , pp De part ment of S ^ unpubllshed material furnished to the Department of Labor through the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2631 52 MONTHLY LABOR R E V IE W average salary of the last five years, and in addition one thirty-fifth of the same average salary for each year of service over five years. Accident pension.—In case of a permanently disabling accident occurring in the service the employee is entitled to a pension equal to one-fourth of the last year’s salary, and in addition one thirtyfifth of the last year’s salary for each year of service over five years. Maximum pension.—The maximum pension in each of the above cases in the magistrature is a sum equal to the salary or income which served as a basis for the settlement. High-School Instruction Service Age, length oj service, disability, and pension.—When a civil-service employee has been 30 years in the service, or when he has reached the age of 70 years and has been in the service 10 years, or when he has served 20 years and has been permanently incapacitated in the service by a cause other than accident, he is entitled to a pension equal to the average salary of the last five years of service. When he has reached the age of 60 years and is disabled in service by a cause other than accident, he is entitled to a pension amounting to onesixth of the average salary of the last five years of service and in addition to one thirty-fifth of the same average salary for each year of service over five years. Accident pension.—In case a civil servant has suffered an accident in service, permanently disabling him, he is entitled to a pension equal to one-fourth of the last salary and, in addition, one thirty-fifth of the last salary for each year of service over five. This is increased to one-third of the last salary when he has shown extraordinary courage and devotion. Maximum pension.—The maximum pension in each of the above cases in the high-school instruction service is equal to the salary or income which served as a basis for settlement. Normal-School and Intermediate Instruction Service Age, length of service, disability, and pension.—When a civil-service employee has reached the age of 55 years and has served 30 years, or the age of 60 years and has served 15 years, or when he is perma nently disabled in the service by a cause other than accident, he is entitled to an annual pension amounting, per year of service, to one fifty-fifth of the most favorable average salary of five consecutive years during his service. The maximum pension is two-thirds of the most favorable average salary of five consecutive years during his service. Accident pension.—In case of a permanently disabling accident the employee is entitled to a pension amounting to one-fourth of the last annual salary, and in addition one fifty-fifth of the last annual salary for each year of service over five years. Maximum pension.—The maximum pension in each of the above cases in the normal and intermediate instruction service is equal to two-thirds of the salary or income which served as a basis for settle ment. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1264] PUBLIC SERVICE R ETIR EM EN T— BELGIUM 53 Public or Elementary School Instruction Service Age, length of service, disability, and pension.—When a civil-service employee has reached the age of 50 years and has been in service 30 years, or the age of 60 years and has been in service 15 years, or when he has been in service 10 years and is permanently disabled in the service by a cause other than accident, he is entitled to a pension amounting, for each year of service, to one-fiftieth of the average salary of the last five years of service. Accident pension.—When a civil-service employee has suffered an accident in service which permanently disables him he is entitled to a pension equal to one-fourth of the last salary, and in addition onefiftieth of the same salary for each year of service over five years. Maximum pension.— The maximum pension in each of the above cases in the public or elementary school instruction service is equal to two-thirds of the salary or income which served as a basis for settlement. All Other Civil-Service Employees Age, length of service, disability, and pension.—When a civil-service employee has reached the age of 65 years and has been in the service 30 years, or when he has been in the service 10 years and is perma nently disabled in the service by a cause other than accident, he is entitled, in case of office service, to a pension amounting, for each year of service, to one-sixtieth of the average salary of the last five years, or in case of field service to one-fiftieth of the average salary of the last five years for each year of service performed. Accident pension.—An employee, who, in the course of his employ ment has suffered a permanently disabling accident is entitled to a pension amounting to one-fourth of the last annual salary, and in addition one-sixtieth of the same salary for each year of service over five years. Maximum pension.— The maximum pension in each of the above cases is equal to three-fourths of the salary or income which served as a basis for the settlement. Widows’ and Orphans’ Pensions '"THE pensions to widows and orphans are paid from special funds * established and regulated by law. These funds are maintained by means of deductions made from the salary of their members, and, at least in principle, the funds can not be subsidized by the public treasury. However, it became necessary to break this rule in 1920 after a general revision and owing to the depreciation of the franc. The funds for widows and orphans are placed under the control of a board of governors composed of civil-service employees appointed by the Government. The funds must be converted into State securi ties or treasury bonds. The law simply outlines the organization of the funds, and so each fund has its own by-laws, which differ greatly in respect to deductions and the conditions as to payment of pensions. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [265] 54 MONTHLY LABOR R EV IEW The most important points in the by-laws of the various funds for widows and orphans of civil-service employees in the Depart ments of Finance, Justice, and Colonies are as follows: Department of Finance Amount of deductions.—For all employees in the department: (a) Four per cent of the salary and a supplementary deduction for married employees amounting to 1 ^ per cent of the salary from the time of entering the administration; (b) salary of first month and a supplementary deduction for married employees amounting to 1 per cent of the salary in case of disproportion in age of the married couple; (c) first two months of all increases and a supplementary deduction amounting to 5 per cent on pensions of married employees; and (d) 5 per cent on all pensions of widows and orphans. Conditions for approval of pensions.— Five years’ service and three years’ married life in cases of widow’s pension and five years’ service only in cases of orphans’ pensions are required for approval of pension. Widow’s pension.—For 10 years’ service or less, 20 per cent of average salary of last 5 years and 1 per cent for each year of service over 10 years, this 1 per cent not to exceed 140 francs per year. The maximum annual pension is 10,000 francs, or one-half of the last annual salary. Orphans’ pensions.—The pension paid to whole orphans up to 18 years of age is a sum equal to three-fifths of the widow’s pension in case of one orphan to four-fifths in case of two orphans, and to the widow’s pension in case of three orphans; and in addition, 2 per cent of the average salary per orphan in excess of three, with maximum of 10 per cent. Where the mother is living the orphans’ pension is, for each child, 2 per cent of the average salary, with maximum of 10 per cent. Department of Justice Amount of deductions.—For all employees in the department: (a) Five per cent of the salary and a supplementary deduction for married employees amounting to 23^ per cent of the annual salary during 10 years and 1 per cent of salary thereafter; (b) salary of first month and a supplementary deduction for married employees amounting to 5 per cent on pensions of married employees; (c) first three months of all increases; and (d) 5 per cent on all pensions of widows and orphans. Conditions for approval of pensions.— Five years’ service and three years’ married life in cases of widow’s pensions and five years’ service only in cases of orphans’ pensions are required for approval of pension. Widow’s pension.—The basis for the calculation of widow’s pen sion is 2 6 ^ per cent of total deductions from husband’s salary, with maximum of 10,000 francs, and in case of disproportion in age, 1 per cent less for each year of difference in age. Orphans’ pension.— The orphan’s pension is equal to three-fifths of the widow’s pension in case of one orphan; to four-fifths in case of two orphans; to the widow’s pension in case of three orphans; and to 10 per cent of the mother’s pension for each child in excess of three. Where the mother is living, the pension to each child amounts to 10 per cent of the mother’s pension. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [266 ] PUBLIC SERVICE R ETIR EM EN T— CZECHOSLOVAKIA 55 Department of Colonies Amount of deductions.—For all employees in the department: (a) Five per cent of salaries and a supplementary deduction for married employees amounting to 1 per cent of salary; (6) salary of first month and a supplementary deduction for married employees amounting t o ‘10 per cent on pensions of married employees less than 65 years of age; (c) first three months of all increases and a supplementary deduction for married employees amounting to 3 per cent on pensions of married employees over 65 years of age; (d) 5 per cent on all pensions of widows and orphans. Widows’ and orphans’ pensions— Pensions to widows and orphans are calculated on actuarial or insurance bases. CZECHOSLOVAKIA 4 CZECHOSLOVAKIA is a new State composed of certain Provinces ^ which formerly belonged to Austria, Hungary, and Germany. The new State inherited from these countries their civil-service retirement, pension, and insurance systems, which have been coordi nated and amended to include certain new features. The successive laws and amendments have each included new groups of employees under the insurance system until practically all employees in private and Government service who are not otherwise entitled to pensions or compensation in some form are under compulsory insurance. As a result of the numerous laws and amendments, the present-day Czechoslovakian pension and insurance system has become quite complicated. According to information obtained from the Czecho slovakian Legation in Washington, a new system is now under con sideration. Law of February 5, 1920 CZECHOSLOVAKIA became an independent Republic on October ^ 28, 1918. On February 5, 1920, a law (No. 89) was passed, effective July 1, 1920, which amended the old imperial pension law of December 16, 1906. The law of February 5, 1920, made insurance compulsory for all employees in the Czechoslovakian Republic between the ages of 16 and 55 years, including brain workers and employees in supervisory positions, clerical workers in offices, commercial houses, warehousetransportation enterprises, and law and notary offices, but excluding unskilled and day laborers and those employees of the Government and of religious organizations recognized by the Government who were already insured. Employees liable to compulsory insurance were grouped into 16 salary classes, the first class including those with an annual salary up to 900 crowns, and the sixteenth or highest class those with an annual salary of 9,000 crowns and over. The law declares that the objects of the insurance are to provide: (a) Disability benefits; (b) old-age benefits; (c) educational allowances (for bringing up children) in addition to disability and old-age pension; (d) widow’s pensions; (e) educational allowances for orphans; (/) 4 The data on which this section is based are from Sbirka zakonu a nafizeni, st&tu Ceskoslovenskeho, pt. XVIII, February 24, 1920, pt. CXLIV, Dec. 31, 1920, pt. 112, October 30, 1924, pt. 24, N ov. 15, 1924, and pt. 93, Nov. 1, 1925; financi Zakon Republika Ceskoslovenske (Statni Rozposnet-budget) 1924-1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 6 7 ] 56 MONTHLY LABOR R EV IEW funeral allowances; and (g) lump-sum payments to widow, orphans, or needy parents. To be entitled to full benefits the insured employee must have contributed to the fund for 120 months, (called “ waiting time” or “ term”). If disability or old age or death occurs after 60 payments but before 120 monthly payments have been made the benefits are payable in reduced amounts proportioned to the number of payments made. In case of a disabling accident, the employee is entitled to full benefits regardless of the number of his monthly contributions. Disability and old-age benefits.—The benefit consists of two parts, “ regular” and “ additional.” The size of the “ regular” benefit is determined by the salary class of the insured employee, the income of the last 24 contribution months being used as the basis of calculation. The regular dis ability benefit per year is as follows: Class 1, 180 crowns; class 2, 270 crowns; class 3, 360 crowns; class 4, 540 crowns; class 5, 720 crowns; class 6, 900 crowns. If the wage class is higher than the sixth the benefit is computed by adding to the benefit in class 6 the following specified amount for each month for which the insured employee has paid his contribu tion: Class 7, crowns; class 8, 3 crowns; class 9, 4 ^ crowns; class 10, 6 crowns; class 11, 7)^ crowns; class 12, 9 crowns; class 13, lOj^ crowns; class 14, 12 crowns; class 15, 13^2 crowns; class 16, 15 crowns. The regular disability benefit, however, may not be less than one-fourth of the sum of the total contributions of the insured employee for the entire waiting time (120 months) or up to the date of injury. The “ additional” disability benefit begins after the completion of the waiting time (120 months) and amounts annually to one-eighth of the contribution paid after the required 120 months’ contribution. After 60 months of contribution the insured employee is entitled to an annual benefit equal to two-thirds of the “ regular” benefit, and for every additional contributing year one-fifteenth of the regular disability allowance is added, but the reduced disability pension payable after 60 contributing months must not be less than one-sixth of the amount of the contributions paid to date. The disability benefit may be increased as much as 50 per cent if the insured employee is so disabled that he requires care by persons outside his family. The old-age benefit is a life pension, payable from the day the insured becomes 65 years of age. Survivors’ benefits.—A widow’s pension is payable from the day of the death of her husband until she remarries or dies. Every child under 18 years of a deceased insured father or mother who received or was entitled to a disability or old-age benefit at the time of his death is entitled to an educational benefit. Illegiti mate children are also entitled to this benefit if the paternity of the deceased insured was legally established before his death Educa tional allowances are payable from the day of the death of the parent until the child is 18 years of age or until the child dies, marries, or finds other means of support. In exceptional cases this allowance may be continued beyond the time the child reaches 18 years. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [268 ] PUBLIC SERVICE R ETIR EM EN T— CZECHOSLOVAKIA 57 The disability or old-age benefit of a person whose child or children would be entitled to an educational allowance in case of his death may be increased to allow for his care of such children. For each child this addition amounts to one-sixth of the regular disability benefit. If the person receives a reduced benefit the additional allowance shall be only one-sixth of this amount for each child. But the total of such additional allowances may not be more than 50 per cent of the regular or partial disability allowance received. If the insured dies before the completion of 60 contributing months, but not as the result of an industrial accident, and if all other condi tions necessary for a widow’s pension or educational allowance are met, the widow may claim a final settlement. If there is no widow of if she is not entitled to make such a claim the orphan children may claim it in equal parts. If there are neither widowr nor orphan children entitled to such a settlement claim to it may be made by the needy mother of the deceased, provided she was dependent on him for support. If there is no mother a needy father previously dependent on the deceased may claim it. As a final settlement the widow or. children get twice the regular annual disability allowance of the deceased, while the father or mother receive only the amount of the annual disability allowance to which the deceased was entitled, according to the wage class and after the completion of 120 contributing months. Funeral benefits.—The survivors of an employee who under this law was entitled to disability or old age or widow’s or educational allowances and who had completed 60 contributing months, if they have given him burial, are entitled to funeral benefits equal to onefourth of the benefit which the deceased received or to which he was entitled. Time of payment of benefits.—All benefits, including educational allowances, are payable monthly and in advance. Law of December 22, 1920 X H E law of December 22, 1920, amends the workmen’s insurance law of March 30, 1888, as amended May 15, 1919. It provides for medical aid, maternity pensions, and funeral allowances, but does not apply to those Government employees who are entitled to at least a year’s salary in case of illness. Sick benefits.—If illness continues beyond three days and the patient is incapable of work he receives the following daily sickness benefit from the day sickness began. Crowns W age W age W age W age W age W age W age class class class class class class class 1__________________ 1. 4 2 __________________ 2. 7 3 __________________ 4. 0 4 __________________ 6. 0 5 __________________ 8. 0 6 __________________ 10. 0 7 __________________ 12 . 0 Crowns W age W age W age W age W age W age class class class class class class 8 ___________________ 14. 0 9 ___________________ 16. 0 10 ....__________________18. 0 1 1 ___________________ 20. 0 12 __________________ 22 . 0 13___________________ 24. 0 Sick benefits are paid at the end of each week until the patient recovers, but not longer than one year. Maternity benefits.—Maternity benefits are paid in the above amounts for six weeks preceding and six weeks following childbirth, provided the mother does not engage in remunerative labor during https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2691 58 MONTHLY LABOR R EV IEW that period. A mother who nurses her baby shall receive, in addition to the sick benefit, one-half of that amount for 12 weeks following childbirth. This period may be extended to 26 weeks. Funeral benefit.—If the sick person dies within six months after his claim to sick benefit expires his survivors may receive as a funeral allowance an amount equal to thirty times the average daily wage of the insured, but not less than 150 crowns. Benefits to members offamily of insured.—The sick benefits enumer ated above are also available to the members of the family of the insured, including husband, wife, legitimate, illegitimate, and step children, until the completion of their sixteenth year of age, parents, brothers, sisters, grandparents, father-in-law and mother-in-law, who constitute the household of the insured and who are not subject to compulsory insurance. But funeral benefits may not exceed 60 crowns for a child up to 2 years of age, 180 crowns for a child over 2 and under 14 years of age, and 300 crowns for a person of 14 years of age or older. Insured employees having a taxable annual income exceeding 20,000 crowns are not entitled to sickness insurance benefits for members of their household. A maternity benefit of up to one-half of the regular sick benefit may be paid for six weeks before and six weeks after childbirth to mothers in the family of the insured. The allowance to a member of the family of the insured may run up to one-fourth of the regular sick benefit and may be extended up to 26 weeks. Persons and prospective mothers who are being cared for at home may, with their consent, be supplied nursing care. Prospective mothers, with their consent, may be sent for confinement to insti tutions caring for such cases. In this event the expenses shall be charged against the sick benefit but may not consume more than one-half of it. Wage and contribution classes.—The wage and contribution classes of the employees insured for sickness are as follows: D aily wage in crowns W age W age W age W age Wage W age W age W age W age W age W age W age W age class class class class class class class class class class class class class 1--------- -----------------------------------------------------------u p to 3 2 ------------------------------------------------ o v er 3 an d u p to 4 3 ------------------------------------------------ over 5 a n d u p to 746 4 ------------------------------------------------ over 746 a n d u p to 1046 5 ------------------------------------------------ o v er 1046 a n d u p to 1346 6 ------------------------------------------------ over 1346 a n d u p to 1646 7 ------------------------------------------------ o v er 1646 a n d u p to 1946 8 ------------------------------------------------ o v er 1946 a n d u p to 2246 9 ------------------------------------------------ o v er 2246 a n d u p to 2546 10---------------------------------------------- o ver 2546 a n d u p to 2846 11---------------------------------------------- o ver 2846 a n d u p to 3146 12---------------------------------------------- o ver 3146 a n d u p to 3446 13______________________________over 3446________________ Monthly contribu tions in crowns 2 4 6 9 12 15 18 21 24 27 30 33 36 By a special ruling sick benefits may be increased beyond those specified above as follows: The daily sick benefit in class 1 may be raised to 2% crowns and in the other classes to 90 per cent of the lowest wages in each class, and the funeral allowance may be raised to forty-five times the daily average wage. The sick benefit may be increased 10 per cent of the regular benefit, if the sickness continues beyond 13 weeks, 20 per cent if sickness https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [270] 59 PUBLIC SERVICE R ETIR EM EN T— CZECHOSLOVAKIA continues beyond 26 weeks, and 30 per cent if sickness continues beyond 39 weeks. For employees whose daily wage is over 373^ crowns a special wage class may be created with average daily wage of over 39 and up to 42 crowns and with a daily sick benefit of over 26 and up to 28 crowns. Law of December 30, 1920 HTHE law of December 30, 1920, amends the previous laws in the following respects: If the insured dies after the completion of the waiting time (120 months) the final settlement made to his surviving mother or father is calculated on the basis of the income of the deceased during his last 24 contributing months. However, the amount may not be less than one-fourth of the contributions paid during the last 120 contributing months. Law of October 9, 1924 HTHE law of October 9, 1924, relates to insurance of the employees in private and Government service in case of sickness, disability, and death. Those employees who are already insured or have a right to pension or compensation are excluded. Contributions by employees.—The employees are divided into the following wage classes : Basie daily wage in crowns for calcu latio n of contribuDaily wage in crowns Class Class C lass C lass C lass C lass C lass C lass C lass C lass fir m s 1 ___________________________________________________ up to 6 2 _________________________________________ from 6 u p to 10 3 _________________________________________ from 10 u p to 14 4 _________________________________________ from 14 u p to 18 5 _________________________________________ from 18 u p to 22 6 _________________ ____________ ____ .______ from 22 u p to 253^ 7 _________________________________________ from 25)/£ up to 2 8 ^ 8 _________________________________________ from 2 8 )^ u p to 31)/^ 9 _________________________ from 31^2 up to 3 4 ^ 10________________________________________ from 343^_____ 4 8 12 16 20 24 27 30 33 36 The actual size of the contribution in each class is calculated on an actuarial or mathematical basis. The law specifies only that the employee’s contribution is not to exceed 5 per cent of his average daily wage. The contribution is paid half by the employees and half by their employers (Government and private). The sickness-insurance wage and contribution classes are grouped into the following classes for disability and old-age insurance: Employees’ weekly con tributions in crowns Class Class Class Class A B C D (classes (classes (classes (classes 1 -3 )___________________________________ 4 a n d 5 )_______________________________ 6 a n d 7)________ - ______________________ 8 -1 0 )__________________________________ 4. 5. 7. 8. 3 7 1 8 Government contributions.—The Government contribution to the disability and old-age insurance fund is as follows: (a) 500 crowns a year for each employee insured; (6) 250 crowns a year for each widow or widower receiving benefits; (c) 100 crowns a year for each 82645°—28-----5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1271] 60 MONTHLY LABOR REV IEW half orphan receiving benefits; and (d) 200 crowns a year for each whole orphan receiving benefits._ The total Government contribu tion for orphans in a single family is not to exceed 500 crowns per annum. The Government does not, however, contribute anything to the fund for the benefit of employees whose income the previous year, exclusive of any insurance benefits, was large enough to be subject to an income tax. Sickness insurance benefits.— The sickness-insurance benefits are as follows: Free medical attention, nursing care, medicine, etc., are given from beginning of illness, but not to continue longer than one year. Medical attention is also given to the members of the family of the insured during his illness. From the fourth day of illness the following daily benefit payment, to continue only for one year, is provided : D aily benefit: Crowns C lass 1 _________________ 2. 7 C lass 2 ____________________ 5. 3 C lass 3 ____________________ 8. 0 C lass 4 ____________________ 10 . 6 C lass 5 ____________________ 13. 3 D aily b e n e f it : Crowns Class 6 ____________________ 16. 0 C lass 7_____ 18. 0 C lass 8 ______________________20. 0 C lass 9 ______________________22. 0 C lass 10 ____________________ 24. 0 Funeral benefits.—Funeral benefits are as follows: If the insured dies within six months after the expiration of his claim to sick bene fits his family receives for funeral expenses thirty times the amount of his average daily wage, but not less than 150 crowns. For funeral expenses of immediate members of the family of the insured the following benefit payment is made: 60 crowns for each child under 2 years of age; 180 crowns for each child from 2 to 14 years of age; 250 crowns for each person over 14 years of age. Maternity benefits — Maternity benefits are as follows: Free serv ice of midwife and, if necessary, of physician; sick benefits for six weeks preceding and six weeks following childbirth. To mothers who nurse their children an additional benefit for 12 weeks following childbirth in an amount equal to one-half of the sick benefit is pro vided for. Disability and old-age benefits.—The insured person receives 500 crowns a year plus one-fifth of the amount he contributed to the dis ability and old-age fund. At the age of 65 years the disability bene fit becomes an old-age benefit if the insured is no longer able to perform his usual service because of his age even though he is not disabled. Dependents’ benefits.—A widow is entitled to one-half of her hus band’s former disability or old-age benefits, provided her physical condition renders her incapable of earning more than one-third of the wage she might otherwise earn. A half orphan under 17 years of age is entitled to one-fifth of the disability or old-age benefit received by the deceased insured parent. A whole orphan under 17 years of age is entitled to two-fifths of the disability or old-age benefit received by the insured parent. The total of orphans’ benefits in a single family, however, may not exceed the amount of the disability or old-age benefits to which the deceased insured was entitled. Dependent grandchildren are considered as children. Contributions and expenditures.—Contributions of civil officials, em ployees, and laborers to the pension and insurance funds from 1924 to 1926 were as follows: 1924, 71,145,000 crowns; 1925, 77,212,000 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [272] PUBLIC SERVICE RETIREM ENT---- GERMANY 61 crowns; 1926, 59,800,000 crowns. State expenditures for pensions to and insurance of civil officials, employees, and laborers during the same period were: 1924, 459,810,360 crowns; 1925, 469,179,000 crowns; 1926, 404,555,230 crowns. G ER M A N Y 5 Legislation March 31, 1873, a law was enacted which granted pensions to O N civil officials. This law was modified by the laws of April 20, 1881, April 21, 1886, March 5, 1888, May 18, 1907, and June 18, 1923. It should be observed that the German system of civil-service retirement and pensions makes a distinction between officials (Beamte) and employees (Angestellte). The distinction lies in a certain varia tion in nature of employment. The law of 1907 defines an “ official” as any official either directly appointed by the Kaiser or appointed according to the constitution of the State or to regulations issued by the Kaiser. At present officials are appointed, in the main, either by the President or under adminis trative general regulations, while employees are appointed under the regulations of the specific department, Government corporation, or establishment. Their appointment might be considered temporary in the sense that they can be discharged when the conditions of service require their retirement. Officials, on the contrary, are as a rule appointed for life. The civil employees called “ contract employees” are engaged for a specific task or serve a preliminary term before they can be appointed to the position of officials. Civil employees in the service of the Federal Government, of the States, and of the municipalities or communes have, in contrast to the officials, no claim whatsoever at the time of their retirement to any pension on account of their service. Therefore, no special funds exist in the Government departments for the granting of pensions to such retired employees. All such employees, however, are subject to insurance in accordance with the insurance regulations of November 20, 1911, as stated in the proclamation of May 28, 1924, if their annual salaries do not exceed a certain limit, which at the present time is 6,000 reichsmarks. If the conditions are complied with they receive a pension from the Government insurance office. The employees’ insurance laws have since been changed by the following rules and ordinances: Law of August 30, 1924 (relating to State railroad employees); ordinance of December 12, 1924; and laws of March 23, 1925, July 28, 1925, June 25, 1926, April 3, 1927, and April 8, 1927. 5 Data on which this section is based are from Reichsgesetzblatt, 1873, 1881, 1886, 1888, 1907, 1923-1927; unpublished material furnished the Department of Labor by the Department of State; unpublished material collected and compiled by the legislative reference division, Library of Congress; Die Angestell tenversicherung nach dem Stande Vom. 1, Juli, 1926, an official publication. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [273] 62 MONTHLY LABOR R EV IEW Retirement and Pensions of Civil Officials Old Age, Length of Service, and Disability A CIVIL official leaving the service at the age of 65 years has the right to a pension if he applies for retirement. The granting of the pension rests with the central authority (oberste Reiclisbeholde) if he was appointed by departmental authority ; if he was appointed by the President the latter’s approval is required. A civil official of the Federal Government who has completed 10 years’ service and is not physically able to continue his service has the right to a pension. If he is permanently disabled for service by reason of sickness, wound, or accident incurred in the service he has the right to a pension before he has served 10 years. If, before completing 10 years’ service, he is disabled outside the service and can not continue the latter, he may be granted either a temporary or a life pension by the Federal Council. The length of service is counted from the day of taking oath of office. The time of service of an official when he is employed on half pay, or when he is in the service of one of the German States,, or when appointed on probation as a former soldier entitled to a civil pension in the service of a State, or of a local government, is counted. _ The time spent in military service is added to the time of civil service. Amount, Computation, and Time of Payment of Pensions The annual pension for service of 10 years or under is thirty-live one-hundredths of the annual salary. It increases from the tenth to the twenty-fifth year of service by two one-hundredths for each additional year and thereafter by one one-hundredth. A pension is not to exceed eighty one-hundredths of the salary. In case of re tirement on account of disability incurred outside service a pension is not to exceed thirty-five one-hundredths of the salary. The pension is calculated on the basis of the last aggregate annual salary received by a civil official. This includes, under certain cir cumstances, gratuities, allowances, fixed fees, and perquisites, but does not include money for keeping up the official State and office; expenses. A pension starts from the end of the quarter following the month during which official notice has been given the retired civil official of the pension and its amount, when a shorter term is not fixed in the application or by formal consent of the official. Pensions are, payable quarterly and in advance. When a deceased pensioner leaves a widow or other legitimate heirs a lump sum is paid to them in an amount equal to three monthly payments of pension. Widows’ and Orphans’ Pensions The widow and legitimate or legitimated children of a civil official who at the time of his death would have had the right to a pension, and those of a retired official receiving a life pension, have the right to widows’ and orphans’ pensions. A widow’s pension is forty one-hundredths of the pension which the deceased received or would have been entitled to at the time of his death. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [274] PUBLIC SERVICE R ET IR E M E N T — GERMANY 63 Each child whose mother is living and entitled to a widow’s pen sion on the death of the official is entitled to an orphan’s pension equal to one-fifth of the widow’s pension, and in the ease of children whose mother is dead or not entitled to a widow’s pension on the death of the official each orphan has the right to a pension of onethird of the widow’s pension. Widows’ and orphans’ pensions, separately or together, are not to exceed the amount of pension which the deceased official was re ceiving or would have been entitled to. If in the aggregate they would reach a higher sum they are proportionally reduced. If the widow is more than 15 years younger than her deceased husband was her pension is reduced by one-twentieth per year of difference in age from the sixteenth to the twenty-fifth year. But for each additional year of marriage after five years her pension is increased by one-tenth until the full amount of the widow’s pension is reached. A widow is not entitled to a pension if the marriage took place less than three months before death and was for the purpose of securing a widow’s pension. The widow and orphans of a retired civil official are not entitled to pension if the marriage took place after his retirement. Widows’ and orphans’ pensions are payable monthly and in advance. The right to a widow’s pension ceases at the end of the month in which she marries or dies. In case of an orphan the right to pension ceases at the end of the month during which he completed his eight eenth year or of his death before that age. Pensions Paid by Government Pensions of civil officials are paid out of funds provided entirely by the Government. Pensions to widows and orphans of such officials are paid partly out of Government funds and partly out of a special ‘contribution by the officials of 3 per cent of their salary or pension. Insurance of Civil Employees INSURANCE of employees in the Government service and that of employees in private service are governed by the same laws, rules, and regulations, but in this review we are concerned only with employ ees in the service of the Federal Government, States, communes, and Government corporations and establishments. General Provisions of the Law The insurance laws apply: (a) To those employees who are subject to compulsory insurance (Versickerungspflichtige) in the services speci fied by the law; (b) to those employees who, having left such service after having made insurance contributions for at least four months and who are still fit for service, of their own free will again become subject to insurance (freivnllig weiterversichern); and (c) to those employees who have not been insured and are not subject to compul sory insurance, but who voluntarily become subject to insurance (Selbtversicherte). If the annual salary of a civil employee is more than 6,000 marks he is not subject to compulsory insurance. If he formerly received .an aggregate annual salary of not more than 6,000 marks and was https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [275] 64 MONTHLY LABOR R EV IE W therefore compulsorily insured, then, in case of an increase of his salary to more than 6,000 marks per annum, he falls out of the group of employees liable to compulsory insurance, but may of his own free will continue or again become subject to insurance. Contributions Toward Insurance The amount of contribution toward the insurance is in proportion to the employee’s salary, as may be seen from the following table: M O N T H L Y C O N T R IB U T IO N IN S P E C IF IE D SA LA R Y CLASSES O F C IV IL E M P L O Y E E S Salary class Class Class Class Class Class Class A ________________________ B . . . . . . . . . . . . . . ______ C_____________________ D ............... . _____ _ E ___ _____ _____________ F ____ _____ ____ _ . . Annual salary M onthly salary M onthly contri bution M arks Under 600 marks . From COOto 1,200 marks From 1,200 to 2,400 m arks.. . From 2,400 to 3,600 m a rk s... From 3,600 to 4,800 marks. From 4,800 to 6,000 m arks.. . Under 50 marks From 50 to 100 marks From 100 to 200 marks From 200 to 300 marks From 300 to 400 marks From 400 to 500 marks 2 4 8 12 16 20 The highest monthly salary in any group subject to compulsory insurance is 500 marks. If an employee works only half time the contribution for insurance is only half the amount he would pay if he were on full time. Employees pay 50 per cent and the Government pays 50 per cent of the contribution; for instance, the entire monthly contribution on a monthly salary of from 100 to 200 marks (class C) is 8 marks, the insured employee paying 4 marks and the Government 4 marks. If the monthly salary of an employee is not more than 50 marks the Government pays the entire contribution. The same rule applies to apprentices. Each employee receives an insurance card from the local insurance office. The National Insurance Office, through the local insurance offices, sells insurance stamps to the employers, the salary class and the money value being designated on the stamp. The employer affixes the proper stamps to the insurance cards of his employees on a pay day near the end of each calendar month and writes the date in ink on the stamps. Half of the value of the stamps so used is deduc ted from the salary of the employee. Insurance Pensions or Benefits An insured employee receives a pension in the event of either old age or disability^ and, in case of his death his survivors get a pension. To become eligible for a pension an employee must have paid contributions for a certain minimum period of time specified by law, which is called the waiting time or term (Wartezeit). Its length is as follows: (a) For pension to an insured female employee, 60 contribution months; (b) for pension to an insured male employee, 120 contribu tion months; (c) for pension to survivors of employees of both sexes, 120 contribution months. _When an employee has passed his sixty-fifth year or is permanently disabled in service he is entitled to a pension. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [276] PUBLIC SERVICE R ETIR EM EN T— GERMANY 65 When an employee is disabled continuously for 26 weeks he is entitled to a pension during the further continuation of his occupa tional disability (sickness pension). Survivors’ Pensions The widow’s or widower’s pension amounts to six-tenths and the orphan’s pension to five-tenths of the retirement pension exclusive of the additional sum known as “ child support” (Kinder zuschut z). The child support is an addition to the pension of 90 marks per annum for each child up to 15 years of age, or up to 21 years of age when the child is in school or in occupational training or when the child, as a result of bodily or mental defect, is not able to earn its living. “ Children” include legitimate children, legitimated children, adopted children, illegitimate children of an insured male employee when their paternity is legally proven, illegitimate children of an insured female employee, stepchildren when they are dependent upon the insured. The pension, together with the total amount of child support, is not to exceed the highest salary in the class of the insured; if it does exceed that amount the child support is accordingly reduced. The following is an example of the pension to survivors: After the death of an employee whose pension was, or would have been in case of permanent incapacity, 1,263.8 marks, the survivors’ annual pension for the widow and the two children is as follows: Marks W idow ’s pension (six-tenths of th e pension of h er deceased h u sb an d , or 1,283.8 m a rk s)_________________________ ,______________________ 770. 28 O rp h an ’s pension (five-tenths of 1,283.8 m ark s, or 641.9 m arks) for tw o ch ild ren _____________________________________________________ 1, 283. 80 T o ta l_________ ______________________________________________ 2 ,0 5 4 .0 8 Medical Treatment To prevent an insured employee from becoming permanently disabled as a result of sickness the National Insurance Office may provide for medical treatment if it can be expected that medical treatment will restore his ability for further service. During his medical treatment in a hospital or in an institution for convalescents his dependents receive from the insurance office an allowance for the support of the family, called “ house money” (Hausgeld), amounting daily to 23 per cent of the last monthly contribution made by such employee. For instance, if his last monthly contribution was 12 marks the daily allowance for the support of his family will be 2.76 marks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [277] 66 MONTHLY LABOR R EV IEW Amount of Retirement Pensions The amount of the annual pension paid to a retired employee who is unmarried and to one who is married and has two children, after 10, 20, and 30 years’ contribution, in the various salary classes, is shown in the following table: A M O U N T OF A N N U A L PE N SIO N S PA ID TO M A R R IE D A N D U N M A R R IE D R E T IR E D E M PL O Y EE S IN SP E C IF IE D SALARY CLASSES After 10 years’ contri bution Salary class Class A _________________ Class B ____ ________________ Class C . . __________ Class D __________ _ ____ Class E^_. ____ Class F_ __ _______ Class G ___________ Class H . __ __________ After 20 years’ contri bution After 30 years’ contri bution Unmarried employee Married employee with 2 children Unmarried employee Married employee with 2 children Unmarried employee Married employee with 2 children M a rks M a rks M a rks M arks M a rks M arks 516 552 624 696 768 840 930 1,020 600 732 804 876 948 1,020 1,110 1,200 552 624 768 912 1,056 1,200 1,380 1, 560 600 804 948 1,092 1,236 1,380 1,560 1,740 588 696 912 1,128 1,344 1,560 1,830 2,100 600 876 1,092 1,308 1, 524 1,740 2, 010 2, 280 Insurance Offices A local insurance office consists of an official appointed by the Government, who acts as chairman, one representative of the insured employees, and one representative of the employers. A district or provincial insurance office consists of an official appointed by the Government, who acts as chairman, six represen tatives of the insured employees, and six representatives of the employers. The office is divided into various chambers. The National Insurance Office is composed of permanent members appointed by the Government, and six members elected by the employees and six by the employers, and its decisions are final. Appropriations for Pensions The appropriations for civil pensions granted during the past three years were as follows: 1925, 45,445,566 reichmarks; 1926, 85,466,000 reichmarks; and 1927, 87,626,000 reichmarks (estimated). SWITZERLAND 8 Legislation I N S T E A D of pensions the Swiss Government has a system of obligatory or compulsory insurance of civil-service employees ( fo n c tio n n a ir e s , e m p lo y é s , e t o u v r ie r s f é d é r a u x ) , based upon the laws of September 30, 1919, and October 6, 1920, amplified and inter preted, in certain particulars, by the decisions of the Federal Council of January 18, 1921, and of M a y 8, 1923. The data on which this section is based are from Statuts de la caisse d ’assurance des fonctionnaires, employés et ouvriers fédéraux du 6 octobre 1920; Arrêté du Conseil fédéral concernant l ’execution de cer taines dispositions des statuts de la caisse d ’assurance du 17 janvier 1921; Decisions du conseil d ’adminis tration concernant 1 admission des, ouvriers et du personnel auxiliaire dans la caisse d ’assurance du 18 janvier 1921; Annexe au Comte d’Etat de la Confédération suisse, la caisse d ’assurance des fonctionnaires employés et ouvriers fédéraux en 1921-1925. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [278] PUBLIC SERVICE R ETIREM ENT— SWITZERLAND 67 General Provisions T H E insurance laws provide benefits for civil-service employees in 1 case of old age and disability caused either by sickness or accident and, in case of death, for their survivors. Those insured are the elected or appointed civil employees. Per sons who have left the service for the third time and those who are provided for from communal or other sources are not eligible for insurance. Civil-service employees who can not present a certificate of good health or who are over 40 years of age when entering the service can be insured only as savings contributors. If during their service their health appears to be good they may be insured, and in that case the savings contributions they have made are converted into insurance contributions. Insurance begins at the time of entering the service, and leaving the service means giving up the insurance. If a civil-service employee leaves the service for any cause other than disability or death and if he has not the right to a lump-sum payment his insurance contri butions are returned to him without interest. The return of his contributions or the payment of a lump sum precludes all claim to insurance benefits. Should he reenter the service, which means again becoming subject to insurance, he must return his refunded contributions or the lump-sum payment and his previous service time is added to his second period of service. A service year for officials and employees is considered as consisting of 12 months’ service, and for laborers as consisting of 330 days’ labor, except that for those laborers who work also on Sundays and holidays it consists of 365 days’ labor. The maximum yearly salary or wages considered for insurance purposes is 15,000 francs. Benefits INSURANCE benefits consist of pensions or lump-sum payments. 1 A pension is paid to the insured employee when he, having reached 70 years of age or having had 50 years’, or in the case of a woman 35 years’, service,7retires, not being able to continue service, or when, after 5 years’ service in the case of a married employee or 15 years’ service in the case of an unmarried employee, he is permanently disabled in service either by sickness or accident, or when after 15 years’ service he is not reelected or is discharged for no fault of his. In case of his death his survivors receive a pension. A lump sum is paid to the insured if he is disabled during his first 15 years of service. Relief is given in certain specific cases out of a relief fund. A m o u n t o f th e p e n s i o n .— The amount of pension is calculated as a percentage of the last annual salary when a civil-service employee retires. i Retirement after 70 years of age or 50 years’, or in the case of a woman 35 years’, service is not compulsory. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 68 MONTHLY LABOR REV IEW Annual payments in the case of a life pension are made according to the following scale: Years of service Less th a n 1 vear 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 vears 11 years 12 vears 13 vears 14 years 15 years Percentage of test annual salary ____ ____ ____ ____ ____ ____ ____ ____ ___ ___ ___ ___ ___ ___ ___ ___ 15. 20. 25. 30. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Years of service Percentage of last annual salary 16 17 18 19 y ea rs___________________ 4 7.0 y ea rs___________________ 48. 0 4 9 .5 y ea rs-------------------------------y ea rs___________________ 5 1 .0 20 y ea rs___________________ 52. 5 21 y ea rs___________________ 54. 0 22 y ea rs-------------------------------- 55. 5 23 y ea rs___________________ 57. 0 24 y ea rs________ __________ 58 .5 25 y ea rs___________________ GO. 0 26 y ea rs___________________ 62. 0 27 y e a rs___________________ 64. 0 28 y ea rs___________________ 66. 0 29 y ea rs-------------------------------68. 0 30 y ea rs___________________ 8 70. 0 In c r e a s e a n d d ecrea se o f p e n s i o n . —A female civil-service employee who has served at least 15 years in the first or second classes of the telephone and telegraph service has the right to an increase of her disability pension by 1 per cent per year of the yearly salary which served as the basis for calculation of her pension, but the increased pension is not to exceed 70 per cent of her annual salary at retirement. If a retired employee receives a pension from other sources for previous service his disability pension is decreased in the amount of his other pension. P a r t i a l p e n s i o n . —When an employee is disabled in service and as a result is transferred, at a lower salary, to some other work which he is still able to perform he has the right to a partial disability pen sion as compensation for his lost earning power. If an employee who receives a pension is reelected or reappointed for service his pension ceases and he again comes under the insurance system, making corresponding contributions if his annual salary is higher than the pension he received. If his salary is lower than the latter he receives a partial pension in order to equalize his income from his service with his pension. Survivors’ Pensions J A / 'I D O W ’S p e n s i o n . —The widow’s pension is normally 50 per cent of the pension of her deceased husband, but never less than 25 per cent and never in excess of his pension. If the widow is 20 years younger than her deceased husband she is entitled to only half of the usual widow’s pension. If the marriage took place after her deceased husband had reached 60 years of age the widow has no right to a pension. If a widow remarries she is paid a lump sum equal to three times her annual pension. . O r p h a n s ’ p e n s i o n s . —Each legitimate child of the deceased insured civil-service employee is entitled to 10 per cent of the annual salary of the deceased till he reaches the age of 18 years, but if the child is not capable of remunerative employment by reason of some physical 8 Maximum. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [280] PUBLIC SERVICE RETIREM ENT— SW ITZERLAND 69 or mental defect he is entitled to a pension during his lifetime. A child over 18 years of age at the time of the death of his father is not entitled to a pension. The aggregate sum of the pensions to all the children of the deceased must not exceed 30 per cent of his annual salary. If after the death of an insured employee no widow appears, or if she loses her right to pension or dies the orphan’s pension is doubled. Lump-Sum Payments unmarried employee during his first five years of service is F AN disabled in service he is paid a lump sum equal to a percentage of his annual salary as follows: When disabled in the first year of service, 50 per cent; in the second year, 75 per cent; in the third year, 100 per cent; in the fourth year, 125 per cent; and in the fifth year, 150 per cent. If after five years’ service and before the completion of the fif teenth year the insured is not reelected or is discharged^for no fault of his, he receives a lump-sum payment as follows: From 5 to 8 years’ service, 125 per cent of the last annual salary; from 8 to 12 years’ service, 150 per cent; from 12 to 15 years’ service, 200 per cent. Relief is paid out of a special relief fund in particular cases of RELIEF need. For instance, if the deceased had dependent grandparents or other close relatives, except widow and children, dependent upon him, an annual relief payment of not to exceed 20 per cent of his annual salary is made. The relief is also given as an addition to the pension of a disabled civil-service employee it after his retirement there appears in his family an additional dependent. A hether relief is needed and in what amount are decided in each case by the governing council. Contributions T H E Government contributes 7 per cent of the annual salary of * the insured, a sum equivalent to five monthly payments of any increase in the salary of the insured, and expenses of the upkeep of the insurance offices, and also makes up any deficits that may occur, The employee contributes 5 per cent of his annual salary and four monthly payments of any increase in his annual salary, When an insured male civil-service employee has reached the age of 70 years, or when he has been in the service 50 years, he is released from making contributions; a female employee is released after 35 years of service. . . . For the relief fund the Government contributed an initial amount of 250,000 francs. The insured employees contribute 1 per cent of their annual salary on December 31 of each year. The relief fund is augmented by gifts, legacies, uncollected pensions, etc. Savings Deposits official or employee is not able at the time of entering service Pr AN to present a certificate of good health or is over 40 years of age he is not eligible for insurance, but must make savings deposits equal https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [ 281 ] 70 M ONTHLY LABOR R E V IE W to the insurance contributions he would make if insured. The Govern ment contributions are the same as in the case of the insured employee. The savings deposits bear interest, which is compounded at certain intervals. When a savings depositor leaves the service his savings deposits, with interest, are returned to him, or, in case of his death, are paid to his heirs, in which case the Government contributions are added to the general relief fund. When a savings depositor, after at least five years’ service, resigns on account of disability acquired in the service, or because he is not reelected or is discharged for no fault of his, his savings deposits plus^ the Government contributions, with interest, are paid to him or his heirs. Insurance Offices C''ENERAL control over the insurance system is vested in the Federal Council. The highest executive office is the governing council, while the actual insurance business is done by various offices of the Federal financial departments. The governing council consists of a president and 18 members. The Federal Council appoints the president and 10 members, and 8 members are elected by the insured, the method of election being pre scribed by the Federal Council. The tenure of service of the president and the members is three years. Important questions are brought to the governing council for mediation and decision. The rights, duties, and procedure of the governing council are prescribed by the Federal Council. Total Contributions and Payments T H E total contributions and the contributions by the Govern ment and by the civil-service employees to the insurance fund, the savings deposits, and the relief fund, and the amount paid out in pensions and lump sums and for relief, and the deposits returned are shown in following table: FIN A N C IA L ST A T E M E N T OF SWISS IN S U R A N C E SY ST E M E M P L O Y EE S, 1921 TO 1925, B Y YEAR S Contributions to the insurance fund FOR C IVIL-SERVICE Savings deposits (contributions) Year By Govern B y insured ment 1921_____ . 1922_________________ 1923________________ 1924____________ 1925____________ ____ F rancs 12, 925, 294 10,498, 514 9,855, 054 12, 052, 099 9, 934, 833 F ra n cs Total B y Govern B y insured ment F ra n cs 9,619,652 7,913, 934 7,026,421 8, 795, 654 7,134,523 F rancs 22, 544,946 18,412,448 16,881,475 20,847, 753 17,068,356 775,334 599, 259 520,689 520,951 510, 321 Contributions to relief fund Year 1921_________________ 1922__________________ 1923___________________ 1924____________________ 1925______________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis B y Gov ernment By insured Total F rancs F rancs 250, 000 3, 330 3,850 F rancs 180, 000 159, 000 159, 000 146,000 139, 000 430, 000 162, 330 162,850 146, 000 139, 000 [ 282] F rancs 560, 235 429, 571 375,772 378,401 370, 373 Paid in pensions Paid in lump sums F rancs F rancs F rancs 498,150 144, 083 224,406 200,145 116, 249 4,040 9,357 697, 993 789, 013 800, 388 7,328,127 9,836,394 10, 933, 207 12,835, 990 13,891,312 Total F ra n cs 1,335, 569 1,028, 830 896,461 899,352 880,694 Paid for Deposits relief returned F ra n cs 54, 263 245,875 299,113 2, 055, 368 552, 200 72 MONTHLY LABOR R E V IE W C O M PARISON OF E U R O PE A N CIVIL SERVICE Item Austria Belgium Czechoslovakia Principal laws. Constitution; acts of 1914, 1921, and 1924. Acts of 1844, 1849, 1886, 1920, and 1926. Acts of 1920 and 1924. Type of system. Insurance. Pension (noncontributory)... Insurance__________ B y whom ad ministered. E m p lo y e e s covered. Ministry of Finance___ Ministry of Social Welfare. . Government employees. Employees in Government offices, estab lish m en ts, and corporations. Age 65 y ears, after 30 y e a rs ’ service. Disability; Acci dent, no service require ment; other, 10 years’ serv ice; special provisions for magistrature and school services. Age 65 years, after 10 years’ service; minimum 5 years’ service. Disability: Acci dent, no service require ment; other, 10 years’ service; m in im u m , 5 years’ service. Service and disability bene fits: From 180 to 900 crowns annually for salary classes 1 to 6; 900 crowns plus V / i to 15 crowns for each month of contribu tions for classes 7 to 16. In addition one-eighth of contributions paid after 10 years’ contributions. Pro portionate amounts for 5 10 years’ service. Sick benefits: 1.4 to 24 crowns, varying with salary. C o n d itio n s for retirement. Federal M inistry of Fi nance. Employees in Govern ment offices, establish ments, and corpora tions. Age 60 years, after 10 years’ service for an nuity; 3 to 10 years’ service for lum p sum. Disability: No serv ice requirements. Retirement al lowances. Service and disability benefits: Annuities— Maximum, 78.3 per cent of last annual in come from service. Lump sum for less than 10 years’ serv ice—Maximum, twice 78.3 per cent of last annual income from service. Service and disability pen sions: One-sixtieth of aver age salary of last five years, or in field service one-fiftieth of such salary for each year of service. Accident pen sion: One-fourth of last annual salary plus one-six tieth of such salary for each year of service over 5 years. Maximum pension in any case, three-fourths of salary used as basis for calculation. Special provisions for magis trature and school services. Provision for survivors. W id o w : Half of benefits Of deceased husband. O r p h a n s : One-fifth of widow’s annuity for each child up to 21 years; if no widow, undivided orphans’ annuity of one-half of widow’s annuity. No provision under retirement system, but special funds, established and regulated by law, are maintained by deductions from salaries of members. Provision varies from fund to fund; in D e partment of Finance it is: W i d o w —From 20 per cent of average salary of deceased for last 5 years to 50 per cent of last annual salary; maxi mum, 10,000 francs. O r p h a n s —For each child up to 18 years, from 2 to 10 per cent of average salary of de ceased; if no widow, threefifths of widow’s pension for 1, four-fifths for 2, and en tire amount for 3, plus 2 per cent of average salary per orphan in excess of 3— maximum, 10 per cent. Government bears entire cost, appropriating annually the necessary sums. Contributions.. Calculated on actuarial or mathematical ba sis—50 per cent by G o v e r n m e n t and 50 per cent by em ployees. Civil-service employees contribute 3.2 per cent of salary for benefits for service under 40 years, and 2.8 per cent for bene fits for service exceed ing 40 years. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Half of benefits of deceased husband. O r For each child un der 17 years, one-fifth of benefits of deceased; if no widow, two-fifths of such benefits. W id o w : ph a n s: Calculated on actuarial or mathematical basis—50 per cent by Government and 50 per cent by em ployees. Law stipulates employee’s contribution shall not exceed 5 per cent of daily wage. 73 PUBLIC SERVICE RETIREM ENT R E T IR E M E N T , PE N SIO N , A N D IN SU R A N C E SYSTEM S Great Britain Prance Germany Switzerland Superannuation acts, 1834 to 1919, and acts of 1920 and 1924. Pension (noncontributory) Acts of 1924 and 1926___ Acts of 1873, 1881, 1886, 1888, 1907, and 1923. Acts of 1919 and 1920. Pension (contributory). Insurance. Commissioners of the Treas ury. Civil-service employees and Crown appointees. Ministry of Finance. Pension (noncontrib utory) for officials; in surance for employees. National Insurance Of fice. Government officials, employees, and la borers. Officials: Age, 65 years. Employees: Age, 65 years after 10 years’ service for males, 5 years’ service for fe males. D is a b ilit y : Officials and employ ees—No service re quirement. Age 70 years or 50 years’ service for males 35 years’ service for females. D i s a b i l i t y : No serv ice req u ire ment. Service pensions: Offi cials—From 35 to 80 one-hundredths of last annual incline from service, varying with years of service. Em ployees—From 516 to 2,280 marks per an num, varying with salary, years contrib uting, and whether married and having children or not. Dis ability Officials—Not to exceed 35 one-hun dredths of the income from service. Em ; p lo y e e s — Sam e as service pensions. Service and disabil ity benefits: From 15 to 70 per cent of last annual salary, varying with years of service. Age 60 years after 10 years’ service. Disability: Ac cident, no service require ment; other, 10years’ serv ice for pension; no service requirement for gratuity. Service and disability (after 10years’ service) pensions: M en—O ne-eightieth of average of final (last three years) income from service multiplied by years of service plus lum p sum equal to one-thirtieth of average of final income from service for each com pleted year of service or one and one-half times the in com e, w hichever is smaller. W omen—Onesixtieth of average of final income from service multi plied by years of service. Lump-sum gratuity for disability if less than 10 years’ service or in case of accident in service. On death incurred in dis charge of duty widow and orphans may be granted a gratuity not ex ceeding 1 year’s salary of deceased, or annual al lowance not exceeding sal ary of deceased or £300, whichever is smaller. Government bears entire cost, appropriating an nually therefor. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Permanent employees in Government offices, and industrial estab lishments. Age 60 years after 30 years’ service or 55 years after 25 years’ service, including 15 years’ field service. Disability: N o serv ice requirement, ex cept when disability is incurred outside serv ice, when it is 15 years. Service pensions: From one-h alf to threefourths of average in come from service dur ing last three years; m a x i m u m , 18,000 francs per annum. Disability pension: For disability in curred in service, at least 1,500 francs or one-half of last salary, or longevity pension; for disability incurred outside service, after 15 years’ service, onesixtieth of average sal ary in case of office service or one-fiftieth in case of field service. Half of pension of deceased husband. O rph a n s: For each child under 21 years, 10 per cent of pension of deceased; if no widow, 10 per cent of pension of deceased plus proportionate share of widow’s pen sion. Officials—40 per cent of pension of de ceased husband. E m ployees—60 per cent of basic retirement bene fits of deceased. O r p h a n s : Officials—Onefifth of w idow ’s pen sion; if no widow, onethird of such pension. Employees—For each child under 15 years, 50 per cent of basic re tirement benefits of deceased. Federal Council. Government officials, employees, and la borers. From 25 to 100 per cent (nor mally, 50 per cent) of benefits of de ceased husband. O r p h a n s : For each child under 18 years 10 per cent of annual salary of deceased; if no widow, 20 per cent of such salary. W id o w : W id o w : W id o w : 9 per cent of salary by Government (appro priating annually nec essary sum s); 6 per cent of income from service by employees. Officials: Government bears entire cost; bene fits to their widows and orphans, partly by Government and partly by officials, who contribute 3 per cent of salary. E m ployees: 50 per cent by Government and 50 per cent b y em ployees. Employees contribute from 1 to 10 marks per month, varying with wage. 7 per cent of annual salary of insured plus 5 monthly payments of any increase in salary, cost of administra tion, and any defi cit, by Govern ment; 5 per cent of his annual salary and 4 m o n t h l y payments of any increase in salary, by employee. [285] PRODUCTIVITY OF LABOR Productivity of Labor in Australia . C. H. WICKENS, the Commonwealth statistician for Aus tralia, has computed an index of Australian productive effi ciency for the period 1908 to 1924.1 The index covers all primary and manufacturing industries, but separate indexes were constructed for (1) agriculture, (2) pastoral, (3) dairying, poultry, and bee farming, (4) forestry and fisheries, (5) mining, and (6) manufacturing. The indexes of productivity were obtained by divid ing indexes^ of production by indexes of employment, the resulting figure showing the changing output per person on the 1911 base. The indexes of employment are based upon the numbers of persons engaged in the several industries each year. For manufacturing the numbers are obtained from the returns made annually by manu facturers, and for mining the numbers employed are obtained by the mines departments of the several States. But for the other' four groups the only data available were the census figures for 1901, 1911, and 1921, so the figures for intermediate years had to be estimated. In constructing the indexes of production Mr. Wickens does not use data on actual physical output. The indexes are derived from the value added by manufacture in each group of industries. In manu facturing, the data on value of output, cost of raw materials, and the resulting value added in the process of manufacture are obtained from the annual census returns. But in the case of the five primary groups of industries the value of production had to be obtained by multiplying physical quantities produced by the prices of the various commodities. Having obtained the money value of the production of each group of industries and the number of persons engaged in each group, Mr. S ickens then constructs a table for the average value of produc tion per person engaged, without reference to the changing value of money over the period. This last factor is then corrected by pro duction price indexes, which show the variations in the price level of each of the six groups of industries for the years 1908 to 1924 on a base of 1911. The production price indexes vary considerably from one group to another, as is shown by the fact that in 1920 the price index for dairying, poultry, and bee-farming products is 249.3 while that for mining is 166.2, yet in 1924 the indexes are 155.1 and 160.3, respectively. The average value of production per person engaged in each group of industries is corrected by the production price index of that group, the result giving the average value of production per person corrected to the 1911 price level. This last set of figures was then reduced to indexes on a 1911 base and the result is a table showing productive efficiency. M r »The Economic Record, Melbourne, November, 1927, pp. 175-188. 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [286] 75 PRODUCTIVITY OF LABOR IN AUSTRALIA The productive efficiency index is stated to have been obtained “ by taking the to tal^ production of each industry expressed in terms of money, by correcting this for the variation in the numbers of per sons engaged, and for the changes in price level, and by relating the results to those for an arbitrarily selected base year, 1911.” The following table presents the principal findings of the study, the base being changed from 1,000 to 100 in order to facilitate com parison with existing data for the United States: PR O D U C T IV E E F F IC IE N C Y I N D E X E S B Y IN D U S T R Y GR O U P [1911 = 100.0] Year 1908_____________ 1909______ _ 1910____ . 1911_____ _ . 1912_____________ 1913_____ 1914___________ 1915_____ 1916___________ 1917_____________ 1918_______ 1919_______ 1920_______ 1921___________ 1922________________ 1923_____________ . 1924_____ Agri culture 98.3 116.3 124. 6 100. 0 124.1 127.0 55.0 176.2 144.4 118.8 94.2 75.2 139.0 129. 1 122. 0 131. 1 150.5 Pastoral Dairy ing, poultry, and bee farming Agricul ture and kindred indus tries 1 82.6 85.3 98. 7 111.0 80.7 93.3 105.2 100.0 85.4 99. 1 97.0 70.6 69.3 75.5 78.2 86. 1 70.5 87. 0 83.0 74. 2 ' 91.0 100. 0 96. 7 102.5 100.2 83.6 100.8 116.6 117.5 111. 7 121.9 148. 5 139.9 143.4 177.9 85.9 98.9 100.0 100.0 108.5 77.0 100.4 91.9 91.9 86.4 81.8 97.9 107.2 99.0 93.6 112.2 Forest^ and fisheries Mining 87.8 83.8 92.6 94.8 94.3 95. 1 100. 0 100. 0 106.9 109. 0 87. 5 77.6 67. 5 62. 6 65.8 76.0 85. 3 95. 6 91. 0 89.6 89.6 104. 4 105. 3 104.3 111.0 108.1 103.6 110.4 83.5 91. 3 101.7 110.3 114.2 113.9 Manu All facturing industries 98. 0 98.8 99. 1 100. 0 101. 5 102.6 103.4 104.1 104.9 103.6 100.8 104.3 103.2 104.4 105.4 107. 2 107. 5 92.0 99.6 105.8 100.0 100.8 105.3 86.3 102.2 96.4 95.1 91.3 87.0 97.9 103.2 99.9 97.6 107.9 1A combination of preceding three columns. The most striking things about the figures are fl) the compara tively small increase in productivity and (2) the wide variations from year to year in all except the manufacturing group. Since the variations mentioned are primarily due to the droughts and other influences affecting agricultural production, the data for (1) agriculture, (2) pastoral, and (3) dairying, poultry, and bee farming were combined into a general index for “ agriculture and kindred industries.” The following conclusions are presented: T he evidence disclosed by th e investigations here m ad e fo r th e period of 17 years from 1908 to 1924 a re (1) th a t th e re h av e been flu ctu atio n s in p ro d u ctiv e efficiency during th e period b u t th a t th e m o st m ark ed of th ese h av e been u sually due to d ro u g h t; (2) th a t in th e group w hich m ay be d esignated “ g re a te r a g ri cu ltu re,” alth o u g h th ere have been severe d ro u g h t reversals, th e re has been, on th e whole, a stead y upw ard m ovem ent a n d th a t th e p ro d u ctio n p er person engaged is a b o u t 3 per cen t g reater for th e term in al th a n fo r th e in itial q u in quennium of th e period; (3) th a t in th e case of m a n u factu rin g th e re has been a sim ilar increase of ab o u t 6 p e r cen t; (4) th a t fo r th e com bined group of in d u s tries d ealt w ith th ere has been a sim ilar increase fo r th e sam e p eriod of a b o u t 1 % per cent; (5) th a t for th e com bined industries, w hen allow ance is m ad e for progress in num bers a n d v ariatio n in price level, th e m ost strik in g fe a tu re of th e results is th e relative uniform ity of efficiency in th e in d u stries concerned, except in years of drought. There are several points which deserve some comment. One is his method of using value of product adjusted for price levels as the index of production. Productivity efficiency must be expressed in 82045°—28-----0 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [287] 76 MONTHLY LABOR R EV IE W physical product. The question then becomes one as to what extent the adjusted value of product approximates the physical product of each industry. The slow regular upward trend of productivity in manufacturing indicates that a value of product index serves very well as an index of physical production, but it is possible to conceive of situations in which this would not be the case. Referring to the other five groups of industries, it is evident that, with the possible exception of mining, annual productivity indexes are almost meaningless. As Mr. Wickens points out, the influence of droughts and other uncontrollable factors are of so much greater influence in determining output than the efficiency of management or workers in the industry that the index gives almost no indication of the latter. Even when five-year averages are used the weather influences are likely to predominate in the index. Lastly, it is interesting to compare the situation in Australia with that in the United States. The best available figures on man hour output in this country for the period 1900 to 1925 indicate an increase in productive efficiency in manufacturing of nearly 50 per cent, most of which must have taken place during the period covered by the Australian figures. Yet the latter show an increase of less than 10 per cent—from an index of 98 in 1908 to 107.5 in 1924. This does not necessarily mean that productive efficiency in Aus tralia is lower than in the United States. Productivity may have been high at the beginning of the period, thus leaving less oppor tunity for improvement. Again, the marked difference in the manu facturing industries in the two countries must be taken into con sideration. The industries which have contributed largely to the increase in productivity in the United States, such as automobiles, iron and steel, rubber manufacturing, and petroleum refining, are relatively small and undeveloped in Australia. On the other hand, the leading Australian industries, measured by value added in the process of manufacture, are sawmilling, ironworks and foundries, printing, electric light and power, railway and tram repair shops, etc., which would not, even in the United States, show any marked increase in productivity over this period. The food and drink industries, such as flour milling, baking, brewing, etc., are, in respect to the value added by manufacture, fully as large as all metal indus tries combined. Therefore, the productive efficiency index for Australia applies to quite a different set of industries than that for the United States, and no conclusions can safely be drawn concern ing the relative efficiency of manufacturing industries in the two countries. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [288] INDUSTRIAL RELATIONS AND LABOR CONDITIONS Migration of United States Industry N ANALYSIS of the relative outputs of the 11 States which produce two-thirds of the manufactures of the United States indicates that the recent gains of Ohio, Michigan, and Indiana in value added, by manufacture and in number of wage earners are at the expense of certain eastern and western groups. This conclu sion is from an article by Sidney G. Coon in the Iron Age of January 5, 1928. In order to determine the migration of industry in this country, the writer has studied the reports of the United States Bureau of the Census and also the reports of the American Iron and Steel Institute and the Iron Age on iron and steel production. A Shift of the Center of Manufacturing TNISREGARDING separate districts and taking into consideration “ the movement of the center of activity of the country as a whole,” calculations based on the 1904 United States Census of Manufactures showed the center of such manufacture to be approxi mately 91 miles to the eastward and almost 19 miles to the north ward of Columbus, Ohio. The shift of the manufacturing center from 1904 to 1925 was as follows: Miles east of Columbus Year 1904_____________________________________________ 1909______________________________________________ 1914_____________________________________________ 1919_______________________ 1921_____________________________________________ 1923_____________________________________________ 1925_____________________________________________ Miles north of Columbus 91 74 71 23 34 17 19 16 17 18 13 13 8 Percentage Comparisons IN ORDER to do away with the uncertain influences of changing * business conditions, Mr. Coon, instead of comparing the total production or number of employees or dollar value, showed the per centage of output which each State or section contributed to the total for the country. This method, according to the writer, seemed to be the most rational for his purpose, even though it takes no account of the fact that all sections are not proportionately affected by changing business conditions. Production of Rolled Iron and Steel IN STUDYING rolled iron and steel production in the United States * from 1911 to the present a well-defined movement into Indiana, Michigan, and Ohio, as a group, is shown. This movement is both from the East and West but not from the South, which also shows a steady expansion in production. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [289] 77 78 MONTHLY LABOR R EV IEW In 1911 and 1914 Pennsylvania’s output was approximately 49)4 per cent of the country’s total. The percentage of this State is now [1926?] under 39. In the meantime Indiana’s proportion of the total output has advanced from 6 to 13 per cent and Ohio’s has risen from 18 to approximately 22 per cent. As a consequence, even though the percentage in Illinois has experienced a decline (compared with that in Pennsylvania), Ohio, Indiana, and Illinois as a group in 1926 produced 42 per cent of the total output of the United States, while in 1911 their combined contribution was only 34 per cent. The territory south of the Ohio River, exclusive of the two Virginias, shows a rise from less than 3 per cent of the total in 1911 to nearly 5 per cent of the total in 1926. The expansion in the Birmingham district was a very important factor in this increase in the South’s share in production. The Manufacturing Movement in General IN THE course of the study special attention was given to that section of the United States west of New England, east of the Missouri River, and north of the Ohio River, which includes 11 States, constituting “ the most intensive large manufacturing area in the country.” While these States cover only 18% per cent of the Nation’s territory “ they contain 49 per cent of its inhabitants and produce 67 per cent of its manufactured products.” In 1904, 1909, and 1914 the “ Empire group” (New York, New Jersey, and Pennsylvania) contained 34 per cent of the total wage earners in the country; in 1919 and 1921, approximately 32 per cent; and in 1923 and 1925 some 30 per cent. In the same period the proportion of wage earners in Ohio and Michigan increased from 10 per cent in 1904 and 1909 to approximately 14 per cent in 1923 and 1925. From 1904 to 1914, inclusive, Indiana and Illinois together had 10 per cent of the total employment, which percentage in recent years has risen to 10%. Missouri, Iowa, Minnesota, and Wisconsin as a group have held for years practically the same proportion of the total wage earners of the country—7% per cent. Without taking into consideration New England, the South, and the Far West, the Ohio-Michigan group was found to have gained in industrial expansion at the expense mainly of the Empire group. “ This study does not show in the same way as with the rollingmill study, a movement from both west and east into the middle section. It does show, however, that that middle section is growing faster than the sections surrounding it and to the (relative) loss of some of them.” Study of 68 Cities A STUDY of the changing volume of production in 68 principal manufacturing cities in six sections of the country showed in certain respects results similar to those yielded by the preceding analyses. T here has been a slight falling off in th e te rrito ry covered b y N ew Y ork, New Jersey, a n d eastern P en n sy lv an ia, in w hich 14 of th ese cities are located. T here has been a slight falling off in th e section a ro u n d C hicago, including 11 cities, in th a t area from Louisville a n d K an sas C ity on th e so u th up to M inneapolis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [290] 79 NO VA SCOTIA— COAL M IN ER S AND OPERATORS on th e n o rth . T here has been a decided gain, as show n b y th e o th e r studies m th e area com prised by M ichigan, Ohio, a n d w estern P en n sy lv an ia, re p resen ted by 10 cities. New E n g la n d ’s p ro portio n h as declined steadily, as show n by records of its 11 cities. T he S outh h as show n a m o d erate gain, rep resen ted by figures from 10 cities, w hile th e F a r W est a n d th e S outhw est h a v e show n a co n sisten t gain, considerably exceeding t h a t of th e S outh. T his w estern area, w hich co n tain s 12 of the_ cities, has alm o st reached th e New E n g lan d p ercen tag e of th e to ta l, alth o u g h in 1914 it w as only six -ten th s as g reat as N ew E ngland. The movement recorded in the foregoing paragraphs may probably be attributed to the enormous growth of the automobile industry. The_ chief seat of that industry and also of its principal auxiliary services of supply is located in the Michigan-Ohio-Indiana group. And it is precisely into that area that we have found industry going from contiguous areas on either side.” Attention is called by Mr. Coon to the industrial recession in these three States in 1921 and to the correspondingly heavy decline in the same year in auto mobile production. “ Only 41 per cent as many cars were produced in 1921 as in 1923, whereas for manufacturing as a whole the ratio was 72 per cent.” The “ tie-up” between the automobile industry “ and the relative movement of manufacturing activity into the area dominated by that industry is striking.” Industrial Distribution of Workers in Japan 1 and sex of 4,676,666 workers in Japan at the of June, 1927, are shown in the following table: THEcloseemployment IN D U S T R IA L D IS T R IB U T IO N OF W ORKERS IN JA PA N AT E N D OF JU N E , 1927 Number of workers Kind of employment Males Females Total Factories: State_________________________ Public________________________ Private_______________________ 99, 357 6, 520 977,863 28, 752 2, 234 1,022, 677 128,109 8, 754 2,000,540 Total_______________________ 1,083, 740 1,053, 663 2,137,403 Mines____________________________ Transportation and communications. Casual workers and others_________ 226, 637 393, 842 1,418, 266 69,378 28, 366 402, 774 296,015 422, 208 1,821,040 Grand total_________________ 3,122, 485 1,554,181 4,676,666 Cooperation between Nova Scotia Mine Workers and Operators HE mistrust and open hostility which formerly existed between the Nova Scotian coal miners and operators have given place to a new spirit—a spirit of good will and confidence, according to a recent issue of the Canadian Coal Mining Journal quoted in the Canadian Labor Gazette of November, 1927. One of the latest manifestations of this good, feeling “ is the joint action of the executive officers of the mine workers’ coal-pit commit tees traveling the mine together with the president, mine superin- T i International Labor Office. Industrial and Labor Information, Geneva, Dec. 12, 1927, p. 330. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 9 1 ] 80 MONTHLY LABOR R EV IEW tendents, and other colliery officials for the purpose of ascertaining and removing all cause of complaint.” During these joint journeys numerous useful suggestions were made both by the workers affected and the committee of union and company officials, which have facilitated the solution of various remaining grievances. The most discontented colliery was tackled first. The difficulties of other collieries were then taken up in the same way with similar grati fying results. Attention is called to the fact that the discussion of mine grievances right on the spot, underground, is quite a different matter from grappling with them in an open union meeting in which passion frequently sways reason and “ side issues enter to stir up and inflame the mind. Free from all distracting influence, disputed questions can be viewed from all angles, the very discussion of them in such a place by the best minds acting as a challenge to settle them there and then.” Early in October, 1927, President John W. McLeod and other officials of the United Mine Workers were invited by Dr. A. C. Jost, provincial health officer, to cooperate with the Nova Scotian Depart ment of Health with a view to improving the sanitary conditions in mining districts, special reference being made to the possibilities of a recurrence of infantile cholera in 1928. The officials of the union willingly promised cooperation in this important undertaking. Factory Conditions in South Africa CCORDING to the annual report of the chief inspector of factories, the year 1926 in South Africa was marked by a steady progress in industrial developments. Employment on the whole showed no striking fluctuations, though there were some changes in the racial distribution of employment. Thus in some districts there was a marked falling off in the number of male Asiatics employed in factory work, and in others, though there was no change of this kind, there was a distinct tendency to take on European instead of native or colored workers. Some factories had even adopted the policy of employing only Europeans. In all districts t h e r e w a s a steady increase in the number of women employed, especially in the clothing and printing industries. A An in terestin g fa c t recorded w as th a t th e aversion to w ork in factories show n by so m an y E uropean s w as d isappearing a n d t h a t w om en of a m ore in tellig en t ty p e w ere ta k in g up fa cto ry w ork. T he effect of th is change w as t h a t m an y factories w hich h ad h ith e rto em ployed n o n -E u ro p ean s w ere endeavoring to staff th e ir factories w ith E uro p ean s only. Concerning the employment of juveniles, conditions were not uni form. In general there seems to have been a decrease in the number employed under 14, while for those between 14 and 16 conditions varied from district to district. The report notes that when older workers can be secured employers are generally unwilling to take juveniles, owing to the restrictions placed upon their hours of work. “ Manufacturers find it inconvenient to employ a class of labor which is not permitted to work the same hours as the remainder of the staff.” The department finds that work concerning the safety and health of employees is becoming more and more important, and it suggests https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 9 2 ] FACTORY CONDITIONS IN SOUTH AFRICA 81 that the time is ripe for the adoption of systematic measures along such lines. South Africa, it is pointed out, has many problems of this kind not encountered elsewhere. The majority of its workers are not accustomed to industrial life; the rural population has been attracted to industrial centers where no proper preparation for their reception has been made. Consequently, dangerous or unhealthful conditions are common in the factories and slum areas are increas ing rapidly outside them. Organized scientific research into the problems of industry is almost nonexistent, and South Africa is thereby placed at a disadvantage when compared with other industrial countries. During the year 339 industrial accidents were reported, including 40 fatalities, which is an increase over the preceding year of 85 accidents and 12 fatalities. Only 121 of the accidents, including 9 of the fatalities, involved Europeans, and it is suggested that this pre ponderance of natives points to the fact that ignorance may be an important cause of accidents. The industrial schools and technical colleges try to train their students in safety-first methods, but “ there is still a remarkable indifference displayed by manufacturers with regard to the instruction of non-European workers.” T he absence of shop rules dealing w ith such m a tte rs as th e w earing of loose clothing, th e shifting of belts in m otion, th e rep lacem en t of guards, a n d m an y of th e o th er w ell-know n causes of accid en t is still a conspicuous om ission c o n sta n tly com m ented on by all inspectors. T h e prom u lg atio n of reg u latio n s dealing w ith th e g uarding of transm ission a n d w oodw orking m ach in ery has done m u ch to im prove th e physical conditions, b u t th e b a ttle ag ain st unnecessary in ju ry can only be w aged successfully w ith th e help of ed u catio n a n d discipline. A discussion of welfare work indicates that progress in this line is slow. An improvement in washing facilities is noted, but there is still difficulty in securing the provision of hot water, soap, and towels. A proper supply of drinking water is often lacking, and seating arrangements leave much to be desired. T he pressing need, how ever, ap p eared to be for th e provision of seats for occa sional use by w orkers whose norm al d u ties are perform ed stan d in g . In th e la u n d ry in d u stry th e w ork of ironing is heav y a n d tirin g , a n d th e provision of chairs for occasional rests w ould be of g re a t benefit. * * * I t is freq u en tly found t h a t w orkers are m ad e to sta n d a t th e ir w ork unnecessarily eith er on acco u n t of th e m istak en idea t h a t th e y will w ork h a rd e r a n d b e tte r or because it h as been th e general rule to do so. T h e in tro d u c tio n of m echanical a n d o th e r m eans w ould enable m uch w ork t h a t is now done sta n d in g to be perform ed sitting. The practice of introducing rest periods is becoming more general, but is largely confined to industries employing female workers. An account is given of the effect of rest periods in one of the Government offices in which 14 girls were employed at copying work. “ The department complained that the accommodation and the lighting of the office in which the work was being carried on was unsatisfactory; that the attendance of the girls was irregular, and the output poor.” Lighting and ventilation were improved, and rest periods, totaling 50 minutes in a seven-hour day were introduced. The girls were required to spend this time in the open air. T he re p o rt received from th e d e p a rtm e n t w as as follows: W ith th e in tro d u ctio n of th e schem e a stead y increase in th e o u tp u t of th e w ork resulted, w hich, h av in g reach ed a v ery satisfacto ry m ark , d id n o t fall below it. Cases of absence w ere rare, a n d th e experim ent, w hich w as in op eratio n for m ore th a n five m o n th s a n d w as applied to 14 ty p ists, p roved a success. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [293] WOMEN IN INDUSTRY Studies in Preparation by United States Women’s Bureau NUMBER, of special studies on questions concerning the industrial employment of women are in course of preparation by the United States Women’s Bureau and are outlined in the annual report of that bureau for the fiscal year 1926-27. An extensive field investigation, covering many different sections of the country and many different types of industry, has been con ducted to secure information regarding the various types of women’s employment and “ any relation which could be found between opportunities for such employment and legislative regulation.’’ The report, which the bureau expects to have ready for distribution within the next few months,1will include a chronological study of the laws and amendments to laws regulating the employment of women in each State; a history of the labor legislation affecting women in New York, Massachusetts, and California, showing the origin of the various laws and the forces that proposed and opposed them, and a special study of trade-unions in relation to labor legislation for women. Another bulletin which is in process of publication contains the results of the bureau’s research study of the development of minimum wage laws in the United States, 1912 to 1927, analyzes the provisions of the laws, as well as orders issued under them, and summarizes the methods used in carrying them out. In addition, the relation of the courts to these laws is discussed. It is pointed out that the bulletin is primarily a report on the ways in which the various States have worked out machinery for administering this new type of legislation rather than a report on the results of it. A report on wages, hours, and working conditions of women indus trially employed in Flint, Mich., now in course of preparation, is considered of general significance by the Women’s Bureau in that Flint is a one-industry city, owing its unusual growth during the past 30 years entirely to the manufacture of automobiles and their ac cessories. Other reports on which the bureau is engaged include a study of foreign-born women in industry, based on interviews with women living in Philadelphia and its vicinity and in the Lehigh Valley. Information has been obtained concerning ages, residence in United States, marital status, size of family, number of wage earners in the family, and the industrial experience of these women in their native countries and in the United States. An analysis is being made of employment statistics for men and women collected by the State of Ohio during the 11-year period 1914 to 1924 but not published by that State since 1915. A compilation of the material already col- A 1 Since the manuscript of this article was sent to the printer the report (Bui. 63) has been issued. 82 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [294] W A G E -E A R N IN G G IRLS IN CIN CIN N A T I oO lected by the bureau on earnings of woman workers in 13 States is being pushed to completion as other work permits. The buieau is also continuing the collection of figures on time lost by men and women employed in certain textile mills covered in the study of that subject published in 1926. Wage-earning Girls in Cincinnati HE Helen S. Trounstine Foundation and the Young Women’s Christian Association of Cincinnati have recently made public a study 1 of certain conditions of the liie and needs of a group of wage-earning young women in that city, regarded as fairly repre sentative of the wage-earning girls in general. The study, which was carried out by the questionnaire method, covers 368 girls, divided into two groups—one, known as the general sample group, including 105 factory girls, 109 store girls, and 73 office girls, while the other, known as the institutional group, is made up of 50 girls, variously employed, living in the Young Women’s Christian Association, and 31 in other similar institutions. For the general sample group it was found that the average weekly wage was $18.11 for those living at home and $19.09 for those living elsewhere, but this differed according to occupation, the figures being as follows: ^ T. . . , Living at home Living elsewhere T F a c to ry g ro u p ---------------------------------------------- $19. 03 Store g ro u p ------------------------------------------------ 14. 74 Office g ro u p _________________________________ 21. 12 $20. 17 17. 95 20. 3b For the institutional group the average weekly wage was $17.79. Data given for the several groups show that of the factory group 5 per cent, of the office group 3 per cent, and of the store group 34 per cent received less than $12 a week, while the percentages receiving under $15 a week were, respectively, 15, 16, and 51. Unemploy ment varied considerably, only 1 per cent of the store group having been unemployed for four weeks or more during the year, against 4 per cent of the office group and 52 per cent of the factory group. The study deals carefully with the question of the adequacy of the wages reported and reaches the following conclusions: 1. A review of bu d g ets m ade up by different a u th o ritie s in d icates th a t a m inim um wage for h e a lth a n d decency for a w orking girl, d ep en d en t upon her ow n resources, in a n Ohio city, should be n o t less th a n $17.25. 2. T he p ractice of excusing low wages for w orking girls on th e g round th a t th e y live a t hom e is n o t justified from a social view point, a lth o u g h ap p ro x im ately 80 per cent of such girls do live a t home. 3. T w o-thirds (66 per cent) of th e girls of th e general sam ple group a n d 14 per cen t of th e girls of th e in s titu tio n a l group gave som e p o rtio n of th e ir wages regularly to th e ir fam ilies. 4. F orty-seven per cent of the general sam ple group contributed 810 or more per w eek regularly to their fam ilies. The report includes a study of the organized homes for working girls in Cincinnati, which shows that the accommodation provided by such institutions is inadequate and that the girl who is obliged to take a room where she can get it is likely to fare badly. 1 Helen S. Trounstine Foundation and Young W omen’s Christian Association of Cincinnati. earning girls in Cincinnati. Cincinnati, 1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2951 V age 84 M O N TH LY LA BO R R E V IE W T he findings reg ard in g th e housing situ a tio n for w orking girls living aw ay from h ° m e i n C incin n ati in d ic a te : (1) T h a t only a sm all percen tag e of such girls pro b ab ly less th a n one-fifth, can be accom m odated in in stitu tio n s such as th e Young W om en’s C h ristian A ssociation; (2) th a t th e prices of room s o utside of / o w u n?t l tu t l°-ns are m uch h i?her th a n [the prices of] room s in th e in stitu tio n s; t'1») houses fu rn ish hom es to m ore girls th a n do th e in stitu tio n s; an d (4) th a t th e hygienic a n d m oral conditions in such room ing houses are gen erally undesirable. Housing conditions in Cincinnati, as in other large cities, constitute a serious problem for the working girl who lives away from home * * *. If a nonfamily girl of low income and lim ited education or experiences can not find a home in one of the regular institutions she should have the most careful and friendly assistance in finding a suitable place to live. Such service should be regarded as an im portant responsibility of the institutions tow ard the girls whom they themselves can not accommodate. Other recommendations deal with the desirability of making a study of the diet and the amount spent for food by working girls, the results of the investigation indicating “ that many workinggirls may be seriously decreasing their vitality and undermining their health through undue curtailment of their food,” and with the need for careful and intelligent provision of opportunities for recreation and for educational development for the working girls, especially for those living away from home. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis CHILD LABOR Employment Certificates Granted in Various States and Cities HE annual report of the United States Children’s Bureau for the fiscal year 1926-27 contains statistics of the number of children of 14 and 15 years of age who received first regular employment certificates in 10 States, 24 cities in other States, and the District of Columbia. The records show that 107,257 children of 14 and 15 years of age received first regular employment certificates in 1926, an increase of 5 per cent as compared with 1925, in those States and cities for which comparable figures are available. T V aluable as are these rep o rts of th e n u m b e r of w ork p erm its issued, it m u st be rem em bered th a t a v ariatio n from one y ear to th e n ex t in th e n u m b er of children receiving first certificates in a n y p a rtic u la r locality m ay be due n o t to a c tu a l increases or decreases in th e to ta l n u m b er of w orking children b u t to o th er factors. M ore children, for exam ple, m ay receive certificates because th e application of th e child-labor law has been extended to occupations n o t previously covered or because th e a d m in istra tio n of th e law has been im proved. Also, ac tu a l increases or decreases in th e to ta l n u m b er of working^ children m ay be due to o th er causes th a n changes in th e child-labor law or in its enforcem ent p articu larly to th e fluctu atio n s of business a n d in d u stria l conditions. The age at which children receive first regular employment certifi cates was reported bv 8 States, 21 cities in other States, and the District of Columbia. Nearly two-fifths (38 per cent) of the 90,046 children whose ages were reported went to work for the first time when they were 14 years of age. The influence of a high-grade requirement for the issuance of employment certificates is reflected in the fact that the proportion of children going to work at 14 years of age was more than twice as large in places where there was no eighth-grade requirement as it was in places where this restriction was in effect. Of the 42,949 children to whom certificates were issued in 4 States and 7 cities where the educational requirement was less than graduation from the eighth grade, 56 per cent obtained first regular certificates at the age of 14, as compared with 24 per cent of 42,786 children in 3 States and 6 cities where graduation from the eighth grade was required without exceptions. The educational attainment of the children is affected of course by the educational requirements for employment certificates set up by the State. In Indiana and Minnesota, for instance, in which the eighth-grade standard was in effect for children of both 14 and 15 years of age and from which both grade and age reports were received, practically 100 per cent of the children had actually com pleted the eighth grade. * * * In San Francisco, Calif., a n d in N ew York C ity , ^Niagara Falls, R ochester, Syracuse, a n d Y onkers, N. Y.— S tates w hich h a d th e eighth-grade req u irem en t for 14-year-old children only a n d a low er req u irem en t for 15-yearold children— 67 per cen t of 38,692 child ren receiving first certificates (including practically all those aged 14 a n d m ore th a n one-half of those aged 15) h ad a tte n d e d ‘or com pleted th e eig h th grade. R ep o rts on certificates issued m 4 S tates an d 13 cities havin g less th a n a n eighth-grade req u irem en t for b o th 14 a n d 15 year old children show ed th a t 49 p er c en t of th e children receiving certificates https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [297] 85 86 M O NTH LY LA B O R R E V IE W h ad com pleted or la s t a tte n d e d th e eighth or a higher grade a n d th a t 22 p er cent h ad n o t ad v an ced fu rth e r th a n th e sixth (or a lower) grade. The occupations of 34,034 children who received first regular certificates were reported by 8 States, 16 cities in other States, and the District of Columbia. Forty-six per cent of these children entered manufacturing or mechanical industries, 30 per cent went mto mercantile establishments, and 25 per cent into “ other” employ ment, which comprises a large number entering messenger and errand work. . ^ h e records of w ork p erm its issued to children betw een 14 a n d 16 years of age m th e places rep o rtin g to th e b u reau , a lth o u g h th e y do n o t include th e large nu m b er en terin g o ccupations fo r w hich certificates are n o t req u ired u n d er th e b ta te law s, n o r those going to w ork illegally, a re rep rese n ta tiv e of conditions m m ost of th e im p o rta n t child-em ploying centers as regards a t lea st th e legal em ploym ent of children of w ork -p erm it age in m ost in d u stria l a n d com m ercial p u rsu its. B u t th e n u m b er of first reg u lar certificates issued does n o t ind icate th e to ta l n u m b er of children a t w ork a t a n y given tim e b u t only th e n u m b er beginning w ork during a single year. International Program for Protection of Young Workers A C C O R D I N G to the press reports of the International Federa1 ~ \ i 10?1 oi Trade Unions, that body, in conjunction with the Labor and Socialist International, and the Socialist Youth International, recently adopted the following as the minimum program for the protection of young workers: th e f(m rteenth°year ^ Wage"earning w ork for children up to th e com pletion of earn in g >w orkS° ry atdendance ^ an elem en tary school u n til adm ission to wage3; In tro d u c tio n of com pulsory in stru c tio n (vocational) u n til th e com pletion ol th e eig h teen th year. l J J e extension u p to th e com pletion of th e eig h te e n th y ear of p ro te c tiv e eg sliition applicable to ap p ren tices a n d young w orkers (m an u al a n d n o n m a n u a l). 5. E stab lish m e n t of a m axim um _48-hour week, to include vocatio n al in stru ctio n an d th e tim e req u ired fo r clearing up. fr«o'iAifru e S,atT rday half day and a free Sunday; if not Saturday, some other free half day to be given during th e week. 7. P ro h ib itio n of n ig h t w ork fo r young w orkers. 8. A m inim um th re e weeks of p aid holiday fo r w age-earning young persons u n d er 16 (inclusive of ap p ren tices), a n d tw o w eeks’ p aid holiday for wageearm ng young persons betw een 16 a n d 18 (inclusive of ap p ren tices). 9. R egulations p ro viding for th e w elfare, un em p lo y m en t relief, a n d tra in in g of unem ployed young w orkers. +™1? ' T1-e reg u lati° n °f vocatio n al train in g , in th e o rganization of w hich th e trad e-u n io n s shall be en title d to an eq u al share w ith th e unions of th e em ployers. !t0 forwF rd. this Plan, these international bodies call upon ail amliated organizations to incorporate the program in their social policy, to advocate it at meetings and by manifestoes, to secure wherever possible the cooperation of other sections of the public mteiested in the welfare of the young, and to press vigorously for the ratification by the various countries of the international agree ments relating to the minimum age for the admission of children to industrial work, night work for young persons, minimum age for admission to such occupations as work on board ships, trimming and stoking, and the like, and conditions under which children may be employed in agriculture. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [298] PROTECTION OF MINORS IN BRAZIL 87 Special stress is laid on the point that where existing legislation is in any respect more advantageous than the projected plan the latter must be modified accordingly, so that no gain already made shall be imperiled. Protection of Minors by Brazilian Decree 1 HE following are the outstanding provisions of the Brazilian child-labor law, Federal decree (No. 5083) of December 1, 1926, the operation of which will extend throughout the Republic. The law forbids the employment of young persons under 12 years of age in any kind of work and those over 12 and under 14 years who have not completed their primary-school education. A special per mit for the latter to work may be obtained, however, when the minor s subsistence or that of his parents depends upon his employment, provided he is able to receive some school instruction. _ No minor under 14 years of age may be engaged in manual work in factories, shops, shipyards, mines or other underground work. The law prohibits the employment of minors under 18 years of age in work which may endanger their health, life, or morals. A health certificate is required before a minor under 18 years of age may be employed. Labor inspectors may request any minor under 18 years of age to submit to a medical examination in order to deter mine whether the work is suitable to his physical condition. Upon the advice of the examining physician, the inspectors may require a minor to discontinue any particular work. . The working hours of minors under 18 years may not exceed six a day, and one or more rest periods aggregating not less than one hour must be granted these workers. The law forbids night work (i. e., work done between 7 p. m. and 5 a. m.) for minors under 18 years. Boys under 16 years of age and girls under 18 years may not be engaged to act or to appear in theaters or in other places of amusement before a public audience, nor under 21 years to appear in music halls or cabarets. A fine of 1,000 to 3,000 milreis 2 will be imposed for failure to comply with this provision. Boys under 14 years of age and girls under 16 years may not engage in street trades. Minors found so engaged are liable to be regarded as public charges and their relatives or guardians may be fined from 50 to 500 milreis and required to serve a jail sentence of from 10 to 30 days. Circus directors or those employing minors under 16 years to per form dangerous acrobatic exhibits, gymnastics, or animal training are subject to a fine of from 100 to 1,000 milreis and imprisonment from three months to one year. The same penalty will be imposed on parents forcing their children under 12 years of age to take part m such performances. Employers, parents, or guardians of young persons under 16 years of age who will permit them to engage in the occupations prohibited by this law will be punished by a fine of from 50 to 500 milreis and imprisonment for from 10 to 30 days. T Brazil. Diario Official, Rio de Janeiro, Dec. 4, 1926, pp. 22126, 22127. 2 The average exchange rate of the milreis in 1926= 14.44 cents. 1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [2 9 9 ] INDUSTRIAL ACCIDENTS Accidents on Steam Railroads in the United States in 1923 and 1926 UPPLEMENTING the statistics of steam railway accidents in the United States for 1923 and 1926, published in the Labor Review for August, 1927 (p. 45), the revised official data herein are presented as given by the Interstate Commerce Commission in its forty-first annual report recently issued. The bureau of statistics of the commission reports that the casualties in connection with the operation of trains numbered 6,689 killed and 49,649 injured and states that— S T he sta tistic s of railw ay accidents show a decided ten d en c y in th e direction of g reater safety. O ver a long p eriod of years th e im p ro v em en t is strik in g . So recently as 1917 th e n u m b er of railw ay fa ta litie s w as over 10,000. In 1926 th e corresponding n u m b er was a b o u t 7,000. T h e n u m b e r of railw ay accidents fluctuates to som e e x te n t w ith th e volum e of business done, b u t if a com parison is m ade betw een th e figures for 1926 a n d 1923, tw o re c e n t years of large traffic, it appears th a t th e safety efforts of th e railw ays a re m aking them selves felt. The following table illustrates the point: T able 1 .—N U M B E R OF PE R SO N S K IL L E D A N D IN JU R E D IN R AILW AY A C C ID E N T S IN T H E U N IT E D ST A T ES, 1923 A N D 1926, BY CLASS OF PER SO N S 1923 1926 Class of person Number killed Number injured Number killed Number injured Trespassers _______________________ . E m ployees.-. _______ _ ________ _ Passengers_________________ . . . ____ _ Persons carried under contract (mail clerks, Pullman conductors, e tc.)__________ ______ _________ Other nontrespassers_____________ ________ 2,779 1, 645 138 3,047 39, 734 5,847 2, 561 1, 371 152 2,545 34, 202 4,461 21 2,339 674 7,162 13 2, 592 664 7, 777 Total, train______ ______________ . Nontrain_________ . _______ 6,922 463 56,464 115, 248 6,689 401 49, 649 80, 586 7, 385 171, 712 7,090 130, 235 Grand total___ . ________ _ _____ Table 2 shows the number of killed and injured in 1926 compared with 1924 and 1925, by type of accident. 88 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [300] 89 ACCIDENT E X P E R IE N C E IN FED ER A L DEPARTM ENTS T able 2 .—N U M B E R OF PE R SO N S K ILL E D A N D IN JU R E D IN RA ILW A Y A C C ID E N T S IN 1924, 1925, A N D 1926, B Y T Y P E OF A C C ID E N T Highway grade crossings__ ___ Highway grade crossings involving automobiles. Derailments of trains as result of collisions befwftfin trains and automobiles _____ Total - - ________ ___________ 1926 1925 1924 Type of accident Number Number Number Number Number Number killed injured killed injured killed injured 2,149 1,688 6, 525 5,650 2,206 1, 784 6, 555 5,916 2,491 2,062 6,991 6, 358 16 69 15 30 11 54 3,853 12, 244 4,005 12, 501 4, 564 13,403 Highway grade crossing accidents involving automobiles show an increase each year in number of persons killed and injured, but when based upon automobile registration the rates per million automobiles are as follows: In 1924—lulled, 96; injured, 321.2; in 1925—killed, 89.4; injured, 296.5; in 1926—killed, 93.7; injured, 289. Accident Experience in the Federeil Departments HE following table is derived from figures compiled by the United States Employees' Compensation Commission. It con cerns only civilian employees. The period covered is the six years ending with 1926. In the computation of rates it was necessary, due to lack of precise information, to assume a uniform working-day of eight hours. Since a considerable portion of Federal employees are on duty a less number of hours, it follows that the number of man-hours used as a divisor in the computation of rates is larger than it should be. The effect is to depress the rates somewhat. The comparison of the departments is also disturbed by the fact that they have varying proportions of seven and eight hours work. In general the effect of this lack of detailed information is to render the rates smaller than they would be if the data were more complete. When the 1925 figures became available it was noted that the Department of Commerce, Department of the Interior, the Navy Department, and Government Printing Office showed declining rates from 1924 to 1925. The situation is somewhat more satisfactory from that aspect. The following show some decline from 1925 to 1926: All services (15.37 to 15.33), Department of the Interior (31.39 to 19.09), Department of Labor (12.40 to 9.66), Treasury (8.05 to 5.04), Department of War (60.64 to 43.82), all other services (14.94 to 10.34). The following show increases: Department of Agriculture (26.21 to 33.95), Department of Commerce (9.82 to 12.58), Government Printing Office (2.71 to 4.05), Department of Navy (15.74 to 17.62), Post Office (9.91 to 11.43). The fact that 5 out of 10 show declining rates and that these declines are sufficient to produce a slight favorable balance on the entire group is reason for a degree of satisfaction. It can not be very pronounced when it is observed that many of these rates are markedly in excess of those prevailing in the better steel mills. T https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 0 1 ] 90 MONTHLY LABOR R EV IE W N U M B E R OP A C C ID E N T S A N D A C C ID E N T F R E Q U E N C Y R A TE S IN T H E G O V E R N M E N T SE R V IC E, 1921 TO 1926, B Y D E P A R T M E N T S A N D YEAR S [Based on number of employees shown by the Civil Service Commission’s yearly reports and on num ber of accidents reported to the United States Em ployees’ Compensation Commission] Frequency rates (per 1,000,000 hours ’ exposure) Number of accidents Number of employees Year Fatal Nonfatal Fatal Nonfatal accidents accidents Total Total All Government Services 1921_________ 1922________________ 1923_____________ 1924_____________ 1925_______ _______ 1926_______________ Total____ _ ____ 560, 673 535,185 535, 781 546, 981 538, 290 536,426 362 353 279 278 314 318 18, 042 17, 905 17, 713 20, 260 20, 374 19, 209 18,404 18, 258 17, 992 20, 538 20, 688 19, 527 0.25 . 26 .20 . 20 . 23 . 25 12.88 13. 38 13. 22 14. 82 15. 14 15.08 13.13 13. 64 13. 43 15. 02 15. 37 15. 33 3, 253, 336 1,904 113, 503 115,407 . 24 14. 40 14. 64 Department of Agriculture 1921__________ 1922_______________ 1923__________ 1924________ 1925___________ 1926____ _____ T o t a l . . . _______ 18, 722 19, 773 20, 078 20, 385 20, 098 20, 688 10 11 17 25 26 34 638 919 971 1,287 1,291 1,652 648 930 988 1,312 1,317 1,686 0. 22 .22 .34 .49 . 52 .68 13. 63 18. 59 19.34 25. 25 25. 69 33. 27 13. 85 18. 82 19.68 25. 74 26. 21 33. 95 119, 744 123 6, 758 6,881 .43 23. 52 23. 95 Department of Commerce 1921__________ 1922___________ 1923.................... 1924_________ 1925____ ____ 1926_____ . . Total_________ 11, 748 11,267 11,199 12,119 14, 631 14, 682 9 15 11 8 11 11 246 272 332 319 348 433 255 287 343 327 359 444 0. 31 .53 .40 .26 .30 .30 8. 38 9. 66 11. 86 10. 52 9. 52 12. 28 8. 69 10. 19 12.25 10. 79 9.82 12. 58 75,646 65 1,950 2,015 .33 9. 95 10,28 8. 27 6.36 4. 21 4 13 2 71 4. 05 Government Printing Office 1921.................... 1922__________ 1923 1924 1925 1926__________ 4,403 4,024 3, 989 4,269 3,984 4,109 2 1 Total___ 24, 778 ___ 91 64 42 44 27 40 0. 18 .10 1 89 63 42 44 27 39 . 10 8. 09 6. 26 4. 21 4.13 2. 71 3. 95 4 304 308 . 17 6. 55 6. 72 Department of the Interior 1921________ 1922______ 1923______ 1924_____ 1925_______ 1926__________ Total_________ 19, 735 17, 834 17, 092 16, 679 13,125 13,468 14 18 16 19 11 8 957 1,041 1,415 1,676 1,019 . 609 971 1,059 1,431 1,695 1,030 617 0. 29 . 41 . 37 .46 .34 .25 19.39 23. 35 33. 12 40. 20 31. 06 18.84 19. 68 23. 75 33. 49 40. 64 31. 39 19.09 97, 933 86 6, 717 6,803 . 37 28. 58 28.35 11.99 10. 90 11. 72 11.56 12.40 9. 66 11. 73 Department of labor 1921__________ 1922________ 1923. 1924________ 1925____ 1926______________ Total__________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3, 768 3,744 3,821 3,876 3,614 4, Oil 22,834 1 2 113 102 112 112 112 92 0.11 .22 1 5 2 112 100 112 111 107 90 . 11 .55 . 21 11. 89 10. 68 11. 72 11. 46 11.84 9. 45 11 632 643 .20 11. 53 [302] Ac c id e n t e x p e r ie n c e in federal departm ents 91 N U M B E R OF A C C ID E N T S A N D A C C ID E N T F R E Q U E N C Y R A TES IN T H E G O V E R N M E N T SE R V IC E , 1921 TO 1926, B Y D E P A R T M E N T S A N D Y E A R S—Continued [Based on number of employees shown by the Civil Service Commission’s yearly reports and on num ber of accidents reported to the United States Employees’ Compensation Commission] Frequency rates (per 1,000,000 hours’ exposure) Number of accidents Year Number of employees Fatal Nonfatal Total Fatal Nonfatal accidents accidents Total Department of the Navy 1921__________________ 1922__________________ 1923................................ . 1924......................... .......... 1925__________________ 1926_______________ 60, 653 42, 515 40, 557 42, 686 42,842 42, 973 36 27 30 28 24 39 2,918 1,516 1,423 1,882 1,662 1, 778 2, 954 1,543 1,453 1,910 1,686 1,817 0.24 .25 .30 .26 . 23 .38 19. 25 14. 27 14. 04 17. 64 15. 52 17. 24 19. 48 14. 52 14. 33 17. 90 15. 74 17.62 Total______ ____ 272, 226 184 11,179 11,363 .28 17. 11 17. 39 5,280 6, 260 6, 609 7, 437 7, 535 7, 952 0. 08 . 10 .07 .06 .06 .08 7. 42 8. 72 8. 92 9. 83 9. 85 11. 35 7.50 8. 81 8. 99 9. 89 9.91 11.43 41,073 .08 9. 67 9. 75 Post Office Department 1921__________________ 1922________________ .-. 1923__________________ 1924. ________________ 1925.._______________ 1926 ________________ 281, 658 284, 207 294, 226 301, 000 304, 092 289, 980 62 64 50 42 47 56 5,218 6,196 6, 559 7, 395 7, 488 7,896 T otal...................... 1, 755,163 321 40, 752 . Department of the Treasury 1921__________________ 1922. ________________ 1923__________________ 1924__________________ 1925_________________ 1926_________________ 68, 648 56, 392 53, 604 53,121 52, 607 51, 569 30 44 17 16 22 19 1,157 1,203 938 1,013 1,037 864 1,187 1,247 955 1,029 1,059 883 0.18 .31 . 13 . 12 . 17 . 11 6. 74 8. 53 7. 00 7. 63 7. 88 4. 93 6. 91 8. 84 7. 13 7. 75 8. 05 5.04 Total............. . . . . 335, 941 148 6, 212 6, 360 . 18 7. 70 7.88 Department of War 1921 __________ _____ _ 1 9 2 2 ...______________ 1923. ................. ................ 1924_________________ 1925_________________ 1926________________ 53, 553 46, 840 44, 842 45, 906 38, 975 45, 285 124 104 96 102 115 63 6,125 5, 648 4, 913 5,295 5, 793 4,700 6, 249 5, 752 5, 009 5, 397 5, 908 4, 763 0. 92 .89 .85 .89 1. 18 . 58 45. 74 48. 23 43. 82 40. 14 59. 45 43. 24 46. 68 49. 12 44. 68 47. 03 60.64 43. 82 Total__________ _ 275, 401 604 32,474 33, 078 .91 49. 13 50.04 Other Government Services 1921__________________ 1922__________________ 1923__________________ 1924 ________________ 1925.................................. 1926......................... ........... 37, 785 48, 589 46, 373 46, 940 44, 322 49, 661 74 67 42 37 53 85 582 947 1,008 1,238 1, 602 1,148 656 1,014 1,050 1,275 1,655 1,233 0. 78 .55 .36 .31 .48 . 71 6.16 7. 80 8. 70 10.55 14. 46 9. 63 6. 95 8.34 9. 06 10.86 14.94 10. 34 Total___________ 273, 670 358 6, 525 6, 883 . 55 9.93 10.48 82645°— 28------7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [303] 92 MONTHLY LABOR R EV IEW Decrease in Severity of Industrial Accidents in New York State W HAT appears to be a steady decrease in the severity of in dustrial accidents in New York State, as measured by the average weeks of compensation paid in permanent partial disability cases over a period of years, is set forth in a brief report prepared by the State department of labor and published in its bulletin for December, 1927. This is indicated by the average weeks of compensation awarded per case of permanent partial disability for the years ending June 30, 1924 to 1927, as follows: 1923-24, 50.9 weeks; 1924-25, 50 weeks; 1925-26, 45.4 weeks; 1926-27, 42.9 weeks. Attention is called to the fact that prompt first aid to prevent infection, X-ray examinations to locate fractures, and treatment to eliminate stiffness, for all of which the compensation law provides, are responsible for this decrease, in four years’ time, of eight weeks per case. It is further suggested that the improvement is even more significant when it is remembered that on July 1, 1924, laws became effective increasing the periods of compensation awards for loss of eye from 128 to 160 weeks and for loss of thumb from 60 to 75 weeks. In spite of this fact, the following year, 1925, showed a decrease in the average number of weeks compensation was paid instead of an increase as might be expected, indicating that “ even then some favorable factors were at work tending to decrease the severity of some types of accidents.” A study of awards by types of injury was also made to determine those in which improvement was shown. As a result it was found that in each type, except two—foreign bodies in the eye and all other—there was an almost continuous decline during the four years. Except for concussions, the number of which is too small to be sig nificant, the largest improvement occurred in dislocations, from 77.1 weeks in 1924 to 55.3 weeks in 1927, or a drop of 28.3 per cent. Foreign bodies in the eye show an apparent increase over the fouryear period, due to the change in the law noted above, which caused an increase to 87 weeks in 1925. Since that year, however, the de crease has been continuous. The following table shows the changes in average weeks for which compensation was awarded during the year 1927 as compared with 1924: A VERAGE W EEK S OF C O M PE N SA T IO N A W A R D E D IN P E R M A N E N T PA R T IA L D IS A B IL IT Y CASES, 1927 C O M PA R E D W ITH 1924, B Y N A T U R E OF IN JU R Y 1924 Nature of injury Bruises, contusions, and abrasions_______ Burns and scalds___________ __________ -----------------Concussions ---- -----Cuts, punctures, and lacerations_________ Traumatic amputations-_____ Dislocations______ ___ _____ Fractures__________ _________ _____ ___ Sprains and strains- ----------------------------Foreign bodies in eye-- ______ . . All other--------------------- -----------------------Total____________________________ Decrease in average number of Average Average Number of number of Number of number of weeks cases cases weeks weeks 859 384 5 6,389 1,942 236 5,060 328 73 250 43.5 65.6 171. 4 39. 7 60.4 77. 1 59. 1 53.6 76. 2 63.3 1,164 447 6 7,425 1,693 276 6, 703 611 92 101 37.0 59.0 49. 2 32.9 58.7 55.3 48. 1 45. 2 76.5 86.7 6.5 6.6 122.2 6.8 1.7 21.8 11.0 8.4 1.3 i 23.4 15, 526 50.9 18, 518 42.9 8.0 i Increase. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1927 [304] 93 INDUSTRIAL ACCIDENTS IN LIMA, PE R U A similar showing is made by an analysis of awards in temporary disability cases, in which every group except concussions showed a decrease in average weeks. The total decrease was 1.6 weeks; con cussions showed 1.8 weeks increase. Asphyxiation showed the largest decrease, from 9.1 to 6.1 weeks. Industrial Accidents in Lima, Peru, 1924 to 1926 HE Statistical Abstract of Peru for the year 1926 contains official figures showing the number of industrial accidents which have occurred in Lima. The following table, taken from this report, gives the number of industrial accidents each year from 1924 to 1926, by industry: T N U M B E R OF IN D U S T R IA L A C C ID E N T S IN LIM A, P E R U , 1924 TO 1926, BY IN D U S T R Y Industry Agriculture and forestry------Alcohol and liquors- ---- -- Pottery and ceramic works—Tanneries and shoe factories.. Electrical__________ _ _ Railway___________________ Automobile ---- --------------Gas______________________ Food____ ____ ___ _ -- Metal work and engineeringSawmills. ________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1924 1925 1926 71 101 26 17 621 119 50 2 47 41 68 51 146 16 20 686 223 48 2 51 21 64 31 147 4 29 393 237 52 4 73 29 66 Industry Building __ --------- ------------Textiles and weaving_______ _ . . ... Furniture.__...... . Paper and printing_________ Government service... -----Tobacco---- --------------------Glass __________________ Various. . . ---------------------- [305] Total______________ 1924 1925 546 74 7 31 4 10 511 93 10 16 5 5 1926 156 152 485 167 5 21 6 1 29 146 1,991 2,120 1,925 HEALTH AND INDUSTRIAL HYGIENE Industrial Hygiene Work of United States Public Health Service HE annual report of the Surgeon General of the Public Health Service of the United States for the fiscal year 1927 gives an account of the activities of the office of industrial hygiene and sanitation. The recent studies carried out by this division include an investigation of the hazards of tetraethyl lead; studies of various occupational health hazards and occupational diseases and of the causes of industrial absenteeism;1 and studies carried on in coopera tion with other Government departments and with industrial and other agencies. The first investigation of tetraethyl lead gasoline2 was carried out principally in Ohio, where it was being used at the time, although its sale had been temporarily discontinued by the corporation manu facturing the gasoline. In connection with this investigation it was found that appreciable amounts of lead were present in garage dust even where no lead-containing motor fuel had been used. A sub sequent survey was made in cooperation with the health officers of a number of large cities, therefore, to determine how general this dissemination of small but distinct amounts of lead might be. In this study samples of air were collected from garages and other work places and, although the analyses have not yet been completed, the results so far as determined indicate that there is as high lead content in the air in some other industrial establishments supposed to be free from lead exposure, as in garages. The studies of occupational health hazards also included a number of investigations of the hazards of dusty trades. The dust studies which have been completed deal with the effects of dust in the cement, granite-cutting, metal-polishing, and anthracite-mining industries, while studies dealing with soft-coal dust, vegetable dust, and municipal dust are still being carried on. The cement study showed that as the period of service in the indus try increased there was a rapid increase in the disability from respir atory diseases but that there was also an interesting process of self-selection of the employees in that those who were least susceptible to the effects of the dust were more likely to remain in the industry while those who were less resistant tended to leave the industry. The rate of disability from respiratory diseases among a group of persons who had been employed from 1 to 8 years was 235 cases per 1,000 men. With longer periods of employment the rate rose rapidly, so that among a group of men with from 12 to 20 years of service there were 769 cases of respiratory disability per 1,000 men. This higher rate was not associated with advancing age, as the same tendency toward respiratory disability was found among the men under 45 as among those over 45. Diseases of the upper respiratory tract were most common among these workers and the T 1 See Labor Review, April, 1926, pp. 131, 132; June, 1927, pp. 57-59. 2 Idem, March, 1926, pp. 126-129. 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3061 H Y G IEN E W ORK OF U . S. PUBLIC HEALTH SERVICE 95 incidence of pneumonia and tuberculosis was relatively low. The rate among men exposed to the dustiest work in the mill and quarry and, in addition, to the inclemency of the weather ranged from 60 to 109 per cent higher than that in the relatively nondusty depart ments of the plant. Furunculosis, diseases of the eye, including conjunctivitis, and diseases of the stomach and intestines were frequent among those working in the more dusty trades, while rheumatism was especially frequent among outdoor workers. The sickness records and the physical examinations of workers in the granite-cutting industry show that the chief hazard is a rapidly fatal form of pulmonary tuberculosis, to which the cutters, both those doing hand-pneumatic work and those working with surface machines, are particularly liable. Workers in occupations in which they are not exposed to more than the average dustiness of the sheds did not appear to be seriously affected, so it appeared that it is prac ticable to reduce the dust to an approximately safe level through proper ventilation. Severe disability from granite dust does not appear, ordinarily, except after years of exposure, although the presence of silicosis can be detected in most workers within a very few years after entering the industry. The mortality rate from tuberculosis among granite cutters has been rising rapidly in recent years and the present sur vey showed a rate of 18 per 1,000 in the population which was under direct observation. An unfinished study of the effects of the cotton dust on the work ers in a spinning and weaving plant shows from the preliminary analyses of the sickness records and physical examinations that there is a high rate of sickness of short durations and a large number of cases of postnasal and pharyngeal catarrh. There was also more sickness among night workers than among day workers, especially in the weav ing room, where the relative humidity was necessarily kept high, and in the carding room, where there was the most dust. The study of the dust hazard in anthracite mining showed that there was exposure to enormous quantities of dust. The miners and miners’ helpers were exposed in some cases to as much as 233,000,000 particles per cubic foot of air, and the men engaged in breaking new ground for mining by means of rock drilling had an average exposure of about 130,000,000 particles per cubic foot as con trasted with an exposure of about 2,500,000 particles for the main tenance men. The petrographic analysis of the dusts in the different industries showed that in silver polishing free silica was present in amounts varying from one-tenth of 1 per cent to 1.75 per cent, although in one case the dust contained 19 per cent free silica; hard-coal dust averaged about 1.5 per cent free silica and the rock dust from these mines about 31 per cent, while the granite dust from Barre, Vt., contained approximately 31 per cent and the mixture of granite dust and the dust from the grinding machines showed approximately 38 per cent of free silica, with a small amount of steel fragments. Other studies carried out by the division of industrial hygiene include an investigation of the problem of ventilation with a view to obtaining accurate information on the efficiency and operating requirements of ventilating systems in actual use; an investigation https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [307] 96 MONTHLY LABOR REV IEW of lead poisoning in a storage-battery plant in Connecticut; and studies in illumination covering the effect of varying conditions of illumination upon vision and production, and showing the distribu tion of daylight within factories and schoolrooms with windows of all sizes, heights, and locations, and ceilings of varying heights. In addition to these and other similar studies, a general investiga tion of industrial morbidity among large groups of workers is con tinued from year to year, monthly reports being received of sickness causing a disability of one week or longer among 135,000 employees, members of 35 sick benefit associations. Analyses of these figures are published periodically and show the frequency and severity of dis abilities, by sex, and according to the type of sickness, season of the year, etc., for this representative sample of the industrial population. Sick Leave Among Employees in the Department of Commerce During 1926 TATISTICAL information as to the amount of sickness occurring among any large group of workers is of interest, since the effort in the majority of industrial and commercial establishments at the present time is in the direction of prevention, and any information as to the extent of the problem is therefore of value in carrying out sickness-prevention work. The report of the Secretary of Commerce for the year 1927 gives the amount of annual and sick leave taken by the employees of the department in the District of Columbia. The figures cover a total of 3,469 employees. The average sick leave reported for the entire group—6.36 days—is somewhat below the commonly accepted estimate of eight days lost per person per year, although many individual companies which have stressed the preventive feature in their medical work have been able to reduce the time lost on account of sickness much below that reported in this instance. The following table shows the average amount of sick leave in the different offices of the Department of Commerce during the year 1926, by sex: S SICK LEAVE R E PO R T E D IN T H E D E P A R T M E N T OF C O M M ER C E D U R IN G T H E Y E A R 1926, BY SEX [In the count of leave all periods of one-half day or over were counted as a whole day; periods of less than one-half day were omitted] Bureau Male Female Total Number of Number Average Number Average Number Average em of per em of per em of per em ployees days ployee days ployee days ployee Office of the Secretary________ _ Bureau of-the Census _____ Bureau of Foreign and Domestic Commerce___ _ __ ___ ___________ Bureau of Standards___ ____ ____ Bureau of Fisheries_________ _________ Bureau of Lighthouses... ___________ Coast and Geodetic Survey___________ Bureau of Navigation___ __________ Steamboat Inspection Service_________ Patent Office____________ _____ ______ Bureau of Mines___ _______ ____ ___ 105 736 214 1,085 3. 45 3.83 339 3,812 7.88 8.42 553 4,897 5.27 6.65 481 667 67 34 176 48 13 954 188 1,430 2,197 205 131 1,016 122 30 3,747 496 5.67 3. 73 4. 77 5. 46 6. 35 6.10 5. 00 5. 63 4.68 2,446 748 233 117 110 319 62 2,412 806 10. 68 9. 47 9.71 11. 70 6.87 11. 39 8. 86 8. 35 9.83 3,876 2,945 438 248 1,126 441 92 6,159 1,302 8. 06 4. 42 6. 54 7.29 6. 40 9. 18 7. 08 6. 46 6.93 Total and average__________ . . . 3,469 10, 673 4.83 11,404 9.05 22,077 6.36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [308] WORKMEN’S COMPENSATION AND SOCIAL INSURANCE Priority of Lien of Alaskan Compensation Law ARIOUS legal methods have been provided from time to time to protect workmen entitled to awards under the State work men’s compensation laws. These laws have been of the same nature as those relating to the protection of the payment of wages. They fall generally into six classes: 1. Those restricting or making invalid the waiving of a right to compensation. 2. Those restricting, prohibiting, or making illegal the assignment of compensation. 3. Those exempting awards from attachment, garnishment, and execution. 4. Those making an award a lien on the employer’s property. 5. Those giving the award or lien a preference over claims or liens of other creditors in the event of bankruptcy, receivership, or death of employer. 6. Those giving a prior lien upon the real estate of the employer. There are also cases of special protective provisions in favor of the State in the collection of premiums due the State fund by an employer, as in Oregon and Washington, where the premium is made a lien upon property. . . . . Alaska has taken the initiative in creating the sixth class given above. Section 5 of the 1927 Alaska workmen’s compensation law reads as follows: V S e c t i o n 5. Every employee and every beneficiary entitled to compensation under the provisions of this act shall have a lien for the full amount of such com pensation, including costs and disbursements of suit and attorneys fees therein allowed or fixed, upon all of the property in connection with the construction, preservation, maintenance, or operation of which the work of such injured or de ceased employee was being performed at the time of the injury or death of such employee. For example, in the case of any employee injured or killed while engaged in mining or in any work connected with mining, the lien shall extend to the entire mine and all property used in connection therewith; and in the case of an employee injured or killed while engaged in fishing or in the packing, canning, or salting of fish, or other branch of the fish industry, the lien shall extend to the entire packing, fishing, salting, or canning plant or establishment and all property used in connection therewith; and the same shall be the case vith^ other “ businesses, industries, works, occupations, and employments. The lien herein provided for shall be prior and paramount and superior to any other lien on the property affected thereby, except liens for wages or materials as is now or may hereafter be provided by law, and shall [be] of equal rank with all such liens for wages or materials. The lien hereby provided for shall extend to and cover all right, title, interest, and claim of the employer of, in, and to the property affected by such lien, and also all right, title, interest, claim, or lien of any other person in or to such property, unless such person, who is not the employer of the employee so injured or killed, but who claims some right, title, or interest in or to or lien upon such property, shall at least 10 days prior to the injury out of which the claim for compensation arises have posted and used reasonable diligence to keep [309] 97 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 98 MONTHLY LABOR REV IEW posted in a t least th re e conspicuous places on th e p ro p e rty su b ject to such lien a notice th a t th e right, title, claim, in terest, or lien of such person in or to such p ro p erty shall n o t be su b ject o r su b o rd in ate to th e lien of a n y claim for com pensation by th is a c t p ro v id e d . P r o v i d e d , h o w e v e r , T h a t n o th in g herein contained shall be deem ed to affect th e obligation of a n y valid c o n tra c t existing on or before A ugust 8, 1927. A ny person claim ing a lien u n d er th is a c t shall, w ith in four m onths a fter th e d a te of th e in ju ry from wdhch th e claim of com pensation arises, file for record in th e office of th e recorder of th e p recin ct in w hich th e p ro p erty affected by such lien is situ a te d a notice of lien, signed a n d verified by th e claim an t or some one on his o r h er behalf, a n d sta tin g in su b stan ce th e nam e of th e person in ju red or killed o u t of w hich in ju ry or d e a th th e claim of com pensation arises, th e nam e of th e em ployer of such in ju red or deceased person a t th e tim e of such in ju ry or d eath , a d escription of th e p ro p e rty affected or covered by th e lien so claim ed, an d th e n am e of th e ow ner or re p u te d ow ner of such p ro p erty . T he lien for com pensation herein p rovided m ay be enforced by a su it in eq u ity , as in th e case of th e enforcem ent of o th e r liens upo n real or p ersonal p ro p erty , a t an y tim e w ith in 10 m o n th s a fte r th e cause of actio n shall arise. N oth in g in th is section contained shall be deem ed to p re v e n t a n a tta c h m e n t of p ro p e rty as security for th e p a y m e n t of a n y com pensation as in th is a c t provided. A su it or actio n for th e lien for com pensation herein p rovided m ay be joined w ith a n actio n for com pensation otherw ise p rovided u n d er th e term s of th is ac t in th e sam e declaratio n or com plaint. Laws making certain debts liens upon the property of the debtor are not unusual. Those most generally known are taxes, judgments, mortgages, and mechanics’ liens. In the field of labor legislation there are three outstanding types of debts which have in many States been made liens: Liens for wages for work done, mechanics’ liens, and liens for workmen’s compensation awards. The first is but a development of the common-law lien of the worker for the value of his services. This originally applied only to personal prop erty upon which he had performed labor, as a jeweler’s lien upon a watch he has repaired. The mechanics’ lien, also a development of the common-law lien, in actual practice more directly protects the contractor and subcontractor than it does the wage worker. The award for compensation has been made a lien upon the property of the employer in several States. The reason for the lien is evident when it is noticed that the award has replaced the old judgment for damages and the judgment was a lien upon the real estate of the employer. Some States merely make the compensation award a lien. Others go further and give the award preference or priority over the claims and liens of other creditors in the case of bankruptcy, receivership, or in the administration of estates. This is for the purpose of allow ing a more equitable distribution of the assets of the bankrupt or the estate of the deceased. The law quoted above goes further than either of these two types of laws. It is similar to them in that it makes the award a lien and in that it gives the award or lien priority of payment. It is different in that it gives priority over existing liens even in cases of the solvency and during the life of the employer. A brief reading of the above section raises a question of constitu tionality. It appears on its face that a person who has held a mort gage or lien against the property, created prior to the injury, is de prived of his property without due process of law. But this conten tion, if raised, is apparently met by the protection that the law gives to persons having such liens. They may protect their rights by complying with the provisions of the section as to posting notice of their rights upon the property. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 1 0 ] SICKNESS AND INVALIDITY IN SURA NCE IN CHILE 99 In the absence of the enforcement of strict requirements for insur ance carriage with responsible insurance companies or the filing of bonds or other securities to protect a possible award and also further protection against insolvency of employer or insurance company, there is always a possibility that the workman may be left with a valueless award which he can not collect. The above law was en acted to provide for such a contingency or probably a worse case, where the employer deliberately intended, in the case of large awards, to avoid payment. The possibilities of this are greater than one may suspect. In the case of a mine explosion where there are several deaths and the possibilities of large awards great, a mine owner, with property depreciated in value because of the explosion, may prefer to allow the property to be sold on the foreclosure of a mortgage rather than attempt to pay the award. In this case it would be very likely that the workman or his dependents would have a valueless award. If the owner holds title to the mine in the name of a corpo ration, he could readily organize a new corporation and buy in the same property, on foreclosure of a prior lien, in the name of the new corporation and continue operations relieved of the burden of the compensation awards. ________ Sickness and Invalidity Insurance in Chile 1 Scope of Law ACCORDING to a decree (No. 34) of January 22, 1926, promulZA gating the text of the Chilean law (No. 4054), insurance * * ■ against sickness and invalidity is compulsory for all persons under 65 years of age who normally have no income or means of subsistence other than the wages paid them by their employer, provided that the said wage or salary does not exceed 8,000 pesos 2 a year. The law covers apprentices and person's employed on pro bation even if they do not receive wages; also artisans and crafts men who work independently, persons who perform public service, small manufacturers, and small tradesmen, provided their average annual income does not exceed 8,000 pesos a year. Persons subject to the law but who belong to a mutual benefit society which insures its members are exempt from insurance if the society has been approved by the central insurance fund. Employers, employers’ associations, and lawfully constituted mu tual benefit societies may undertake the duties assigned by this law to the local funds as regards sickness insurance only. In order to assume these obligations, they must obtain a permit from the Presi dent of the Republic and bind themselves to provide the medical attention and sick benefits as provided by this law. Persons not liable to insurance who are under 45 years of age and whose income does not exceed 8,000 pesos a year may voluntarily insure themselves in order to secure the benefits of this law, provided that they obtain a health certificate from the physician appointed by the fund. Insured persons whose income increases to over 8,000 pesos may continue their insurance voluntarily, provided that the income does not exceed 16,000 pesos a y e a r . ________________ __ 1 Chile. Diario Oficial, num. 14,411, Santiago, Mar. 3, 1926, pp. 538-640. 2 Average exchange rate of the peso in 1926=12.08 cents. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 1 1 ] 100 MONTHLY LABOR R EV IE W Benefits rT ’HE fund shall grant the following benefits to insured persons: (1) A Medical attention shall be granted from the first day of the illness and in addition hospital care upon the orders of the physician. Medical attention shall be provided by a qualified panel of physicians under a contract with the fund, the insured person having the right to select his physician from the panel. The insured shall be reim bursed for expenses incurred for specialists who have been called in, with the authorization of the governing body. Medical attention shall be furnished for a period of 26 weeks and in special cases the local funds may extend it to a year. (2) A sick benefit shall be paid for the first week equivalent to the entire wage of the insured, for the second week one-half of the said amount, and thereafter onequarter for the duration of the illness, provided he has a family to support. If the sick person has no family, he shall be entitled to only half of the benefit. (3) Medical care shall be granted woman workers during pregnancy, confinement, and the post-confinement period, and also financial aid amounting to one-half of the regular wage of the worker for a period of two weeks before and two weeks after childbirth and a nursing benefit equal to one-fourth of the mother’s wages to be paid to her as long as she nurses her child.3 (4) A sum of 300 pesos is to be paid to the family of the insured person in case of the death of the latter for funeral expenses. (5) An invalidity pension is to be granted to persons suffering from a chronic disease causing permanent total disability except in the cases entitled to compensation under the workmen’s compensation law, provided that the disease was not caused intentionally or by a criminal act or serious fault on the part of the insured person. The amount of the pension shall be equal to the average wage received by the insured person during the preceding year if he had been insured for 10 years or more, to 75 percent thereof if he had belonged for 5 and under 10 years, and to 50 per cent thereof in other cases. (6) An insured person becomes entitled to an old-age pension upon reaching the age of 55 years but may declare at the time of registration that he wishes to draw this pension at the age of 60 or 65 years instead of at the age of 55 years. Under the law persons shall not be entitled to draw the invalidity pension and the old-age pension at the same time. Capital of the Funds rTTIE cost of the insurance shall be defrayed from the following * sources: (1) Contributions from the employers, the workers, and the State, amounting to 3, 2, and 1 per cent, respectively, of the employees’ weekly wage; contributions from small manufacturers and tradesmen and those who work independently equal to 3^2 per cent of the proportionate income for each week, the State paying an equal amount; (2) the proceeds of fines imposed for violations of this law, the public health code, and certain provisions of the penal code; 3 In order to carry out effectively this provision of the law, the fund has decided to establish a national maternity council. Plans for the work of the council provide for the organization of prenatal, maternity, and infancy consultation centers, maternity homes, dispensaries for the treatment of venereal diseases, and a system of home visiting. El Mercurio (Santiago), Apr. 4, 1926. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [312] N E W UNEM PLO YM ENT IN SU R A N C E ACT IN ENG LAN D 101 (3) the interest on the capital of the funds, income derived from their property, legacies, donations, and bequests which they may receive; (4) the proceeds of a tax of 1 per cent on all payments made by the State or municipal councils, with the exception of payments in con nection with the foreign debt and grants to institutions for charitable purposes; (5) the proceeds of an additional tax imposed on insurance companies, the management and capital of which are not established in Chile, amounting to 2 per cent of their gross receipts from policies other than life-insurance policies, on which the tax shall be equal to 1 per cent. The amounts to be paid for apprentices or persons employed on probation shall correspond to the lowest wage paid for the kind of work on which they are employed. The employer shall pay both his own contribution and that due from the insured person of this class. Administration of Funds A N ORGANIZATION consisting of a central fund and local funds situated in the principal towns shall be set up for the purpose of organizing and directing the operation of sickness and invalidity insurance. Funds may also be set up in other towns or villages and in mining or industrial establishments specified by the local fund concerned, in agreement with the central fund. A governing body consisting of nine persons, three of whom shall be elected at a general meeting of the insured persons, three by the employers who pay for the insurance, and three appointed by the President, shall direct and manage the local funds. New Unemployment Insurance Act in Great Britain HE Labor Review for December, 1927, contained an account of a bill then before Parliament, recasting and consolidating the legislation dealing with unemployment insurance. This was passed and received royal assent shortly before the close of the month, the bill having received numerous amendments in its passage through Parliament. The text of the act, as passed, is not yet available, but the Manchester Guardian, in its issue for January 2, 1928, makes the following summary of its provisions: T he changes effected, or sought to be effected, by th e unem p lo y m en t insurance act, w hich comes in to op eratio n on A pril 19, 1928, are as follows: Slight changes in th e ra te s of benefit. C reation of a new class of insured persons betw een th e ages of 18 an d 21, whose ra te s of co n trib u tio n a n d benefit will be less th a n those of a d u lts, b u t m ore th a n those of boys an d girls u n d er 18. D isallow ance of claim s u n d er th e “ 30 c o n trib u tio n s” rule, a fte r a tra n sitio n a l period of one year. D iscretionary pow er of th e M in istry of L abor to disallow claim s b y certain classes to cease. U nem ployed persons to be called upon to perform suitable w ork o th er th a n th a t to w hich th e y h ave been accustom ed. Of the changes introduced by the act, the enforcement of the 30 contributions rule is likely to have the most far-reaching consequences. Under the acts which this supersedes, the Ministry of Labor was given power to waive at discretion the requirement that the claimant for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [313] 102 MONTHLY LABOR R EV IE W extended benefit must have paid 30 contributions into the fund within the two years preceding the year in which he made his claim. Under the new law this power is withdrawn, and after the lapse of the transitional period of one year no one may draw benefit unless he can qualify in respect to the 30 contributions. This requirement met with strong opposition, as its effects were feared for the regions of greatest industrial depression, where unemployment has been so serious and prolonged that many persons may find themselves unable to qualify. The Government issued a White Paper while the ques tion was before Parliament, giving data on which it based the con clusion that the number who would be excluded from benefit under this provision would not exceed 56,000, and might, if the industrial situation should improve, be much less. On the other hand, approxi mately 26,000 excluded under the old law would become eligible under the new provisions, so that the changes would not result in the exclusion of more than 30,000 from benefit. These findings, however, have not met with unqualified acceptance. One feature of the new bill, the putting all benefit upon the basis of a right, is looked upon with general favor. Under the old legis lation a claimant who could meet certain requirements was entitled to benefit for a definite length of time, which was known as standard benefit and was his as a right. If, after exhausting his standard benefit, he still could not secure employment, he might apply for the so-called extended benefit, which was regarded as a matter of grace and might be given or withheld at the discretion and according to rules laid down by the Ministry of Labor. Under the new act the limitation of the period during which benefit may be drawn as a matter of statutory right is abolished, and the applicant is entitled to benefit as long as genuinely unemployed. This, however, is coupled with the provision that if, after a reasonable time, employ ment in the claimant’s own trade or occupation can not be secured, he may be required to take any suitable work which can be found, and, if he refuses, further benefit will be withheld. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [314] WORKERS’ EDUCATION AND TRAINING Need of a Clearing House for Occupational Studies HE need for a clearing house for occupational studies is empha sized by Winifred M. Hausam, director of the Los Angeles Bureau of Vocational Service, in the Vocational Guidance Magazine of December, 1927. The occupational research section of the National Vocational Guidance Association is endeavoring to work out some scheme for meeting this need, and last winter the Personnel Research Federation appointed a committee for the same purpose. The problem is one which has to be solved by all technical and professional associations. Some of them, Miss Hausam states, have attempted to meet the situation by having their professional journals and magazines report on the studies made and books pub lished along their respective fields. The American Management Association and certain other organizations have instituted an abstracting service which covers a large amount of material and presents it to the members in digested form. Some such scheme is necessary in order to use occupational studies with discrimination and to avoid duplication in experiments. May Rogers Lane’s Bibliography and Reviews of Occupational Studies, which was issued in February, 1927, is declared to be “ a splendid initial contribution” to the clearing-house scheme. In addition to being a history of occupational studies which have been issued in pamphlet form this bibliography points out the need there is for “ elucidating standards of content and presentation.” Improvement in standards for the making of occupational studies can only be accomplished, the writer holds, through the process of experimentation and comparison of results. Technique for the measurement of results must also be developed by similar methods. In one city a research department head sent out a questionnaire to teachers of occupations, in order to ascertain the value of the occupational studies made. As the results of the inquiry were not satisfactory to her, she went into the teaching field herself for the purpose of finding out by actual experiment the value of the research department’s work. If similar efforts were made wherever occupational studies are being used and the results of such investigations and experiments compared, at least one step would be taken “ toward measuring those values of occupational studies which are measurable.” T https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [315] 103 i \ INDUSTRIAL DISPUTES Strikes and Lockouts in the United States in December, 1927 D ATA regarding industrial disputes in the United States for December, 1927, with comparable data for preceding months, are presented below. These reports are made possible through the cooperation of the conciliation service of the Department of Labor and other agencies. Disputes involving fewer than six workers and those lasting less than one day have been omitted. Data for November and December are subject to revision because of the fact that reports for these months are more or less incomplete. Table 1 shows in summary form for each of the months, June to December, inclusive, the number of disputes which began in these months, the number in effect at the end of each month, the number of workers involved, and the economic loss (in man-days) involved. The number of workdays lost is computed by multiplying the number of workers affected in each dispute by the length of the dispute meas ured in working days as normally worked by the industry or trade in question. It is to be noted that the figures given include only those disputes which have been verified by the bureau. T a b l e 1. — IN D U S T R IA L D IS P U T E S B E G IN N IN G IN A N D IN E F F E C T AT E N D OF EA CH M O N TH , JU N E TO D E C E M B E R . 1927 Number of disputes Number of workers involved in disputes M onth and year June, 1927. .. ------- -July, 1927______________________________ August, 1927. ______ . . ------- _ September, 1927____ ______ - --October, 1927 _____ _ November, 1927 U _____ December, 19271 - - ----- Beginning in month In effect at end of month Beginning in month In effect at end of month 75 62 53 46 48 22 18 82 62 50 49 56 50 49 18, 585 33,763 8,066 12, 514 12, 695 4,122 3,488 196,047 199, 087 198, 367 197, 588 81, 766 82, 973 81,511 Number of man-days lost during month 4,859,468 5,307,089 4,998, 596 4,960,249 2,722,110 2,049,155 2,138,079 ! Preliminary figures, subject to revision. Occurrence of Industrial Disputes, by Industries n r ABLE 2 gives, by industry, the number of strikes beginning in October, November, and December, and the number of workers directly involved. 104 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T316] 105 STRIK ES AND LOCKOUTS IN UNITED STATES T able 2 — IN D U S T R IA L D IS P U T E S B E G IN N IN G IN OCTOBER, D E C E M B E R , 1927, BY IN D U S T R IE S NOVEMBER, AND Number of workers involved in disputes beginning in— Number of disputes begin ning in— Industry October Automobiles Barbers Brewery and soft-drink workers Building trades ______ __ __ Chauffeurs and teamsters Clerks and salesmen ____ ___ C lo th in g __ Electrical supplies Food workers Furniture _ Glass Leather Metal trades _____ Mining . __ Motion-picture and theatrical workers___ Oil and chemicals _________________ Printing and publishing Slaughtering and meat packing Stationary engineers and firemen Steamboat men Street-railway employees ____ Textile _ Miscellaneous - ______________________ T otal. __. . . Novem ber Decem ber October Novem ber Decem ber 135 1 21 1 1 3 2 1 2 1 2 2 1 1 4 3 2 7 2 1 1 1 1 1 3 1 1 3 1 1 3 1 1 1 1 9 3 4 1 1 48 22 18 15 196 172 420 246 350 132 1,427 362 7, 544 23 27 159 118 720 888 245 93 32 520 65 52 2,009 45 26 1,375 21 75 149 600 24 175 50 675 722 173 150 74 12,695 4,122 3 ,4 8 8 Size and Duration of Industrial Disputes, by Industries '"TABLE 3 gives the number of industrial disputes beginning in December, classified by number of workers and by industries: T able 3 —NUMBER OF IN D U S T R IA L D IS P U T E S B E G IN N IN G IN D E C E M B E R , C L ASSIFIED B Y N U M B E R OF W ORKERS A N D BY IN D U S T R IE S 1927, Number of disputes beginning in December, 1927, involving— Industry 6 and under 20 workers 20 and under 100 workers Barbers . . . . . . . Building trades . ______ ____________ Clothing _ Electric and gas supplies Furniture _____ Leather __ __ _ M etal trades . . . . . Mining ............................ Oil and chemicals Printing and publishing _ _______ ____ Slaughtering and meat packing Textile 1 Total______________________ ______ _________ 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1317] 1 1 1 1 1 1 1 3 100 and under 500 workers 500 and under 1,000 workers 1 1 1 1,000 and under 5,000 workers 1 1 1 1 3 2 1 106 M O N T H L Y LABO R R EV IEW In Table 4 are shown the number of industrial disputes ending in December, by industries and classified duration: T a b l e 4 .—N U M B E R OE IN D U S T R IA L D IS P U T E S E N D IN G IN D E C E M B E R , 1927, BY IN D U S T R IE S A N D C LASSIFIED D U R A T IO N Classified duration of strikes ending in December, 1927 Industry One-half month or less Barbers_________ ____ _____________ . Building trades_________________ _________ Chauffeurs and teamsters_______ ______ _ Clothing . . . _ __ _____ Electrical and gas supplies. __ __________ ______ Furniture ____ . . . . ____ M e ta ls ________ . _ _______ _________ Mining _ . ______ _ _ _ _ . . . _ Oil and chemicals _ ________ Printing and publishing__________ _ _ ______ Slaughtering and meat packing . ..... ____________ _ ______ Miscellaneous________ * Total _________ ____ _______ Over onehalf and less than 1 month 1 month and less than 2 months 2 months and less than 3 months 1 2 2 1 I 1 3 1 3 1 13 1 1 1 3 1 2 Principal Strikes and Lockouts Beginning in December, 1927 ^ O A L miners, Pennsylvania.—Fix & mines of the Jeddo-Highland ^ Coal Co., Jeddo, Pa., were affected by a strike of 1,150 miners from December 9 to December 19, because of a dispute growing out of the discharge by the company of a shopman “ for refusing to do part of his duties.” The colliery local claimed jurisdiction and struck, rendering the_mines idle. The men “ returned to work uncondition ally after which the grievance was considered on its merits as per contract.” Building trades, Massachusetts.—A dispute between the building trades council on the one hand and the Building Trades Employers’ Association on the other as to the correct interpretation of an arbi tration award, resulted in a strike of 600 building-trades workmen in Boston on December 28. According to press reports, employees of the Waterproofing Co. were awarded $1,373^ an hour, and the unions contended that this award applied to all cement finishers and waterproofing workers employed by any and all contractors connected with the Building Trades Employers’ Association, while the contractors interpreted it as applying only to those employed by the Waterproofing Co. Accord ing to a statement given out by the secretary of the Building Trades Employers’ Association, the Waterproofing Co. was the only employer of the association at issue in arbitration and, therefore, the only con cern affected by the award. The other contractors, it is said, are pay ing cement finishers $1.25 an hour, the rate agreed upon under an agreement which is binding until next April and which carries a pro vision that any dispute arising under it shall be submitted to arbitra tion, without a strike. The spokesman for local union 534, which includes the cement finishers, claims that the association is not complying with the terms https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [318] S T R IK E S A N D LO C K O U T S I N U N IT E D STA TES 107 of the arbitration decision in refusing to pay the higher rate to all cement men under its control. This strike was called off, it is understood, on January 10, following the entering of a stipulation in equity court which provides for the return of the men and the withdrawal of action by one of the employ ing companies against the unions. Principal Strikes and Lockouts Continuing into December, 1927 1DITUMINOUS coal miners.—The strike of April 1 continues in part. The Secretary of Labor on December 12 addressed a second tele gram to the operators who had declined to attend the conference called by him on December 9. The text of his second telegraphic request was as follows: D eep ly regret your decision not to attend conference called b y me and ask th at you reconsider. T he subject for consideration is far broader than any im m ediate w age question. As said in m y previous telegram , this conference is for frank and free discussion of all questions at issue. The public is now aware of overproduction, overdevelopment, the vast waste of our natural resources, and hopes for some move toward permanent stabilization of the industry to guarantee steady supplies of coal with fair profit to the operator and steady employment at fair wages to the miner. It is a great mistake to assume this conference is called in the interest of labor only. I, personally, and representatives of the Department of Labor, have dis cussed the matter with more operators and miners. A ll previous conferences attended b y miners could also have been attended by operators had th ey so desired. N othing is ever lost b y conference, and with m any operators losing m oney and thousands of miners out of w ork, the public has becom e very m uch interested. E ven if the mines be more or less fu lly manned, as stated, does this guarantee the in dustry a future free from the same grievance and the same unsettlem ent and unem ploym ent as now exist? T he present tim e seems to me the more apporpriate for conference because the existing supply of coal will perm it discussion w ithout passion or prejudice. On behalf of the public and the thousands of miners unem ployed and in the interest of the in dustry itself, I would strongly urge you to be present for full consideration of the problem in its broad hum anitarian as well as economic aspects. The conference began on the morning of the 13th and after three days’ session took a recess on December 15, subject to call by the Secretary at a later date. The Secretary gave out on December 15, the following statement concerning the conference : T h e com m ittee of three operators and three representatives of the miners, formed a t the conference on the coal situation called b y Secretary of Labor D avis, recessed D ecem ber 15. T his com m ittee is ready to confer again w ith Secretary D avis on an y date he m ay name, or it m ay hold sessions of its own. In the m eantim e the parties com posing it w ill from tim e to tim e file reports or suggestions w ith Secretary D avis. In reviewing the work of the conference the Secretary said: The coal situation will take all the thought this country can give it. And the subject ought to be aired and discussed, particularly at this time. The public is not now angered by the inconvenience of a coal shortage, and the problem can be faced without passion or prejudice. If this conference had accomplished nothing else, it served to arouse and focus this public attention. T he present economic condition in coal m ining is all the more a m atter for the public because this conference proved again th a t the job of bringing it to order is beyond the reach of a n y Federal authority, and is so big th a t no one m ind or group of minds within the in dustry is able or w illing to tack le it. T ack le the coal situation from w hat angle you w ill, overdevelopm ent is the snag you strike every tim e, and the snag is a tough one. W h at overdevelopm ent costs individual operators, in ruinous com petition, low or no profits, or loss and 82645°—28----- 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [319] 10 8 M O N T H L Y L A B O R R E V IE W insolvency, is their own affair. B ut in the bulk, these losses affect the prosperity of the entire country, and so becom e ve ry distinctly the n ation ’s affair. T his chaos in coal becomes all the more a m atter of concern to the entire country in view of the effect it has on the producing and purchasing power of a potential 3,000,000 of our population. T his overdeveloped in dustry provides only parttim e em ploym ent to more than 600,000 miners. In m any cases, even where the highest daily w age is paid, the great m ajority of these workers are poorly em ployed, w ith a w eekly earning such as to leave their fam ilies little to live on. W ith wages cut, th e y have even less. Leavin g aside the hum anitarian aspect, the economic loss these people repre sent to the country is serious enough. It means th a t the coal industry is hitting every other industry in the country to the extent of taking 3,000,000 buyers out of the m arket. And to th a t extent the coal industry, as now run or not run, is a liab ility on the country a t large. I t is not a case of bad or vicious m anagem ent. I t is a situation where the mass of evil conditions is too great for the industry as now consituted to wipe out. If ever an in dustry needed a “ czar,” coal is th a t industry. T his conference, as I have already stated, developed the suggestion of one w ay out. T he other is for leaders in the coal industry to subm it the industry to control b y an um pire or overlord. If th ey did so, th ey could bring about order and stabilization a t a stroke. Such a man would, in himself, tak e over the functions of a suggested rationing and arbitration commission. T he m an selected would have to be one of ability, courage, decision and heart, a man of the ty p e of Charles E van s Hughes. In declining to attend the conference, T. N. Moran, secretary of the Fairmont Coal Operators’ Association, West Virginia, stated that “ coal production in Fairmont region, 1927, exceeded all previous records with the greatest number of men working in its history.” The Monongahela Coal Operators’ Association, West Virginia, through its executive secretary declined to attend the conference, with the statement that all of the operators in that association “ are now, and for several years past have been, operating full time and are now operating as continuously as the conditions of the market will permit in a peaceful manner and without friction or trouble of any kind as between the respective companies and their employees. There is no strike in any mine over which this association has juris diction.” The reply by S. H. Robbins, of the Ohio Coal Operators’ Associ ation, declining the Secretary’s invitation was as follows: I acknowledge your m essage in vitin g coal operators to m eet w ith represen tatives of U nited M ine W orkers of Am erica on T uesd ay m orning next. The m atter of accepting or declining an in vitatio n from a C abinet officer of the United States is one of such im portance th a t I have oalled into consultation the executive com m ittee of the coal operators of Ohio and this telegram is sent you after full consideration. W e will not m eet w ith representatives of the United M ine W orkers of Am erica w ith whom we have no contract, w ith whom we have severed all relations, and, who have no interest in the properties we control. For more than six m onths we endeavored conscientiously to negotiate a w age scale w ith the officials of the union, but th ey arbitrarily refused to recognize known economic and com petitive conditions in the coal business, and a furth er conference would lead to no beneficial results. I t w^ould not benefit the general public because it is now abund an tly supplied w ith coal a t very low prices. I t would not benefit the miners who remain unem ployed because we have already offered and yet continue to offer them em ploym ent at the highest wages now possible. Our mines are not closed to them as individuals and our inform ation and belief is th at m any w ould return to w ork bu t for the m isleading and unwarranted advice of the union officials. I t would not benefit the thousands of miners who are now regularly a t w ork a t satisfactory wages and whose w elfare you m ust consider. I t would not benefit the owners of coal mines because the w ages w hich can be paid and the operation of mines are governed by the laws of supply and demand which th ey can not control. F or these and m any other reasons w e respectfully decline yo u r in vitation. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [320] S T R IK E S AND LO CK O U TS IN U N ITED ST A TE S 109 J. D. A. Morrow, president of the Pittsburgh Coal Co., in tele graphing Secretary Davis a second time declining to attend the con ference, said: Your further suggestion as to the scope of your proposal does not change the fact that you are attempting to draw this company into a conference with officials of the miners’ union. We have definitely and permanently severed all relations with that organization. We repeat, therefore, that we can not attend your conference. Replying to Secretary Davis’s second telegram urging central Pennsylvania operators to reconsider their refusal to attend the Washington conference, Charles 0 ’Neill, president of the Association of Bituminous Operators of Central Pennsylvania, wired: “ It is necessary for me to advise that you have the final answer of this association.” His telegram continued as fellows: T h e operators of central Pennsylvania m ade every effort to avoid the develop m ent of the present situation. Protracted jo in t conferences considering a new w age agreem ent were held w ith the U nited M ine W orkers of Am erica, district No. 2, in M ay and June this year. A com plete presentation of facts affecting the coal industry of this district w as subm itted to the miners a t th a t tim e. T he financial losses borne b y the union operators for three years under the so-called Jacksonville agreem ent were pointed out. T h e diversion of millions of tons of business to other com peting fields reaching the same m arkets w as shown. T he m uch lower w age levels paid in fields com petitive w ith this district were proven. T h e alarm ing depreciation in property values w as considered. T he num ber of idle mines and idle miners was discussed. T he general property and business depression prevalent in m any com m unities was adm itted. No consideration was given to these facts. T h e operators were asked to renew an im possible w age agreem ent. T h e mines were forced to close down July 1 a fter this conference had failed. T he mines remained idle for 30 days, during w hich period the mine w orkers were asked to place them selves in a position to really negotiate a w ork able agreem ent. T his th ey refused to do. M any of the miners of central Penn sylvania, realizing the u tter folly of the p olicy th a t w as bringing greater chaos to the industry, solicited the operators for em ploym ent. T h e mines were opened and are now producing as m uch coal as th ey can m arket. Stabilization of the in dustry m ust be sought when there is more peace in the in dustry and when passion and prejudice w ill have been entirely rem oved from the discussion. ^ Such consideration m ust also include the great coal fields of southern W est Virginia and K e n tu ck y as w ell as those which you have in vited to p articipate in a join t conference w ith the United M ine W orkers of Am erica. F o r these and m any other sound reasons the central Pennsylvania operators m ust again decline your in vitation . The Governor of Ohio again endeavored but without success, to bring about a conference between Ohio coal operators and striking miners. The president of district 6, United Mine Workers, an nounced on January 7 that the miners would accept the governor’s invitation to participate in a conference at Columbus on January 16, but the Ohio Coal Operators’ Association on January 10 declined to participate. Coal miners, Colorado.—The strike of October 18 is apparently nearing termination. By the middle of December, reports indi cated that miners had returned to work until production approached normal throughout the State. Production in the southern field was reported to be practically normal by December 23. Disturb ances, however, continue to occur sporadically and arrests are being made from time to time by State police. An investigation of the industry in the northern field is being conducted by the State industrial commission to determine the cause of the strike, to be followed by hearings in other parts of the State. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 110 M O N T H L Y L A B O R R E V IE W On December 29 it was announced that, effective January 1, the Colorado Fuel & Iron Co., operating in the southern fields, and said to be the largest producing coal operator in Colorado, would increase the basic wage of miners to $0.52 per day. It was also announced on December 31 that the new year would bring a wage increase of 50 cents per day to the men employed by 10 coal operators in northern Colorado, thus bringing the day rate in these mines up to $6.77. The few other small operators in that territory are expected to meet the prevailing wage. Conciliation Work of the Department of Labor in December, 1927 By H ugh L. K e r w in , D irector of C onciliation HE Secretary of Labor, through the Conciliation Service, exer cised his good offices in connection with 24 labor disputes during December, 1927. These disputes affected a known total of 34,607 employees. The table following shows the name and location of the establishment or industry in which the dispute oc curred, the nature of the dispute (whether strike or lockout or con troversy not having reached the strike or lockout stage), the craft or trade concerned, the cause of the dispute, its present status, the terms of settlement, the date of beginning and ending, and the number of workers directly and indirectly involved. On January 1, 1928, there were 52 strikes before the department for settlement, and, in addition, 11 controversies which had not reached the strike stage. The total number of cases pending was 63. T https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [322] LABOR D IS P U T E S H A N D L E D B Y TH E U N IT E D STA TES D E P A R T M E N T OF LA BO R TH R O U G H ITS C O N C IL IA T IO N SE R V IC E , D E C E M B E R , 1927 Workers involved Duration Company or industry and location .Nature of controversy Craft concerned Clothing workers. Violation of agreement. Unclassified. Returned pending dis position by impartial chairman tefore arrival of commissioner. Pending. Casting department dis continued . Pending..................................... .................. Lockout___ Molders_________ [323] Eastern Steamship Co., Clyde Mallory Lines, Ocean Steamship Co., South Pacific Steamship Co., and Morgan Lines, New York City. Jeddo Highland Coal Co., Jeddo, Pa. D . Becker & Sons, Philadelphia, Pa. Leather goods workers, Brooklyn, N . Y. St. M ary’s College, Oakland, Calif. Lehigh & Wilkes-Barre Coal Co., Sugar Notch, Pa. Dode Fitzgerald, Orpheum, and Regent Theaters, Anderson, Ind. 1 N ot reported. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Drivers. Molders discharged___ ______ Asked union recognition and union wage scale. ___ Union dispute_____________ ____do ___ Tuckers.._ ____do ___ Oil rig builders__ Asked 12]^ per cent increase.. Lockout___ Headwear makers. Violation of agreement_____ Strike.. Miners_________ ____do_____ Miners were refused confer ence on grievance. Lighter captains. . Asked increase— $2.50 per week. ____do ___ Miners_________ Working conditions. ____do ___ Upholsterers ____do ___ Leather goods___ Asked union recognition and signed agreement. Asked union recognition------ __ Asked $9 per day; now receiv ing $7 and $8 per day. ____do ___ Plumbers _____ Asked pay for transportation to and from work. Miners__________ Promotion of men not en Strike titled thereto. Controversy. Operators, musi- Asked recognition__________ cians, and stage hands. Strike_____ Hosiery workers... Wage cut of 10 per cent. Controversy. Carpenters_____ _do. Begin ning Ending 1927 1927 (0 Dec. Indi rectly G) l N ov. 7 N ov. D i rectly 200 26 1 3 150 400 6 6 Adjusted. Allowed 10 cents increase per hour on rig building. Pending___________________________ Dec. 75 Adjusted. Conference granted and Dec. 5 miner given a place as desired. Adjusted. Returned without change. Oct. 29 Dec. 130 2 Dec. 260 1,000 220 Adjusted. Returned; officials to fix terms. Pending___________________________ Dec. 1,210 10 G) 85 125 Pending. Injunction against picket ing in force. Pending______ ______ ______________ Sept. 26 45 40 G) 25 .d o . Adjusted. Returned; district officials to fix terms. Pending___ ____ _________ ______ ___ .d o . 9 Dec. 16 G) 10 1, 012 9 G) 28 50 G) 150 1,350 N ov. 29 Dec. 1 CONCILIATION WORK OF THE DEPARTM ENT Pending___ . .. _____________________ Garage workers— Strike____ Present status and terms of settlement G)----------------------- White Motor Truck Co., Jersey Strike . . . City, N . J. Superior Fashion Clothing Co., ____do ___ N ew York City. Barstown Stove Co., Providence, R. I. Wet Wash Laundry, N ew York City. Correct Tucking Co., N ew York City. Clark Rig Building Co., Ventura, Calif. Cloth headwear makers, Chicago, 111. Tomhicken Mines, Hazelton, P a ... Cause of dispute LABOR D IS P U T E S H A N D L E D B Y T H E U N IT E D ST A TES D E P A R T M E N T OF LABOR T H R O U G H ITS CO N C ILIA TIO N SE R V IC E , D E C E M B E R , 1927— Workers involved Duration Company or industry and location Nature of controversy Craft concerned Cause of dispute Present status and terms of settlement Begin ning Ohio Rake Co., Dayton, Ohio____ Strike_____ [324] Total____ ________________ 'N o t reported. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M iners______ Wages and conditions______ Adjusted. Continued at work pending decision by officials. Adjusted. Allowed S1.37J4 per hour; conditions improved. Laundry workers . Asked union recognition_____ Adjusted. Union agreement signed; no change in wages. Plumbers, e l e c - Asked closed s h o p _______ _ Unable to adjust___________________ trie workers, and plasterers. Cement workers - Wages______________ Dec. 5 Ending D i rectly Dec. 28 26 Dec. 23 (') Dec. 20 Dec. 22 Dec Jan. 9 28 Dec. 14 Jan 3 15 Dec. Jan. 9 120 5 159 15 20 1928 Jan. 7 27 Indi rectly 400 1,200 5, 056 26, 000 29, 551 M ONTHLY LABO R R E V IE W Farm implements- Wage cut of 35 per cent, 9-hour Unable to adjust day, piecework, and open shop. Moving-picture theater musicians, Controversy- Musicians_______ Alleged violation of agree- Adjusted. Tentative settlement____ N ew Bedford, Mass. ment; wage scale. Building trades, Indianapolis, Ind _ ____do ___ Iron workers . . . Jurisdiction of placing boilers Pending___ _ _ ____________ . Coal Bluff Mining Co., Terre Threatened Haute, Ind. strike. Keith Albee Building, Boston, Strike ___ Mass. Excelsior Cleaning & Dyeing Co., __ __do ___ New York City. Shepherd Construction Co. and ____do __ _ Curtis Construction Co., WilkesBarre, Pa. t—'- M O N T H L Y L A B O R R E V IE W 113 Compulsory Investigation of Industrial Disputes in Colorado N 1915 a law was passed in Colorado, modeled in the main after the Canadian industrial disputes investigation act, which provides that all industrial disputes occurring in Colorado and involving four or more workers must be held in abeyance until the State indus trial commission holds hearings and renders a decision. The Journal of Political Economy for October, 1927, contains an article 1 giving an analysis of the compulsory-investigation features of this act and its amendments, a summary of operations under the act, and a dis cussion of the value of the plan, from which the data given in this review have been taken. I General Provisions of the Legislation HE Industrial Commission of Colorado was created to administer the act. This commission is composed of three members appointed by the governor for a term of six years, with the arrange ment that the appointment of one member will expire every two years. Not more than two of the commissioners may belong to the same political party. One commissioner represents the employers, one the employees, and the third is assumed to represent the public, although this is not specifically stated in the law. All disputes concerning wages, hours, or working conditions, which involve four or more men, come under the jurisdiction of the commis sion, except that domestic servants, farm laborers, elective officials, and members of the National Guard are exempt from the operations of the act. The jurisdiction of the commission continues until after a final hearing and award or until a prior voluntary termination of the dispute. The law provides that “ employers and employees shall give to the industrial commission and the one to the other at least 30 days’ prior written notice of an intended change affecting con ditions of employment or with respect to wages or hours.” It is unlawful for an employer to declare a lockout or for employees to go on strike before the commission terminates jurisdiction, even if the commission fails to file an opinion within the 30-day period. How ever, any individual worker may quit work at will, and an employer may discharge an employee, if such action is not taken as part of a strike or lockout. Furthermore, there is a provision which states that “ nothing in this act shall prohibit the suspension * * * of any industry or any part of the activities of an industry for any cause not constituting a lockout.” The decisions of the commission are not binding, unless it has been selected as arbitrator. In holding hearings, which are informal, the commission is empow ered to summon witnesses and to examine them under oath, to order the submission of books and documents, and to admit all evidence whether strictly legal evidence or not. Deputies may be sent to examine the books of employers involved in disputes and to visit places of employment. The act provides severe penalites for disobedience, the following being examples: For failure to give access to records, not less than i Journal of Political Economy, Chicago, October, 1927, pp. 657-683: “ Eleven years of compulsory investi gation of industrial disputes in Colorado,” by Colston E . Warne and Merrill E. Gaddis. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 2 5 ] 114 M O N T H L Y L A B O R R E V IE W $50 a day; for striking within the prohibited period, not more than $50 for each day on strike or six months’ imprisonment, or both; for inciting, encouraging, or aiding such a prohibited strike, not more than $1,000 a day or six months’ imprisonment, or both; for locking out employees, not more than $1,000 a day or six months’ imprison ment or both; for failure or refusal to testify or produce books, not more than $100 a day or 30 days’ imprisonment; for refusal to obey a lawful order of the commission, not more than $100 a day. Operations under the Act T H E figures on the number of controversies, workers involved, etc., from 1915 to 1924, as given in the article, have been taken from the records of the industrial commission. According to these data, the number of controversies from 1915 to 1923 ranged from 80, involving 36,110 2 workers (in the period from December 1, 1918, to December 1 , 1919), to 286, involving 23,641 workers (in the period from December 1, 1920, to December 1, 1921). The smallest number of employees involved in disputes occurring in any year from 1915 to 1923 was 18,037 in the 107 controversies which took place during 1919— 20, and the highest number was 36,110 in the 80 controversies in 1918-19. During 1923-24 the number of disputes declined to 59, involving only 1,836 workers. However, in the opinion of the writers, it is a matter of conjecture whether this decline was due to increased respect for the commission’s decisions, to a lessening of the challenge of organized labor, or to a more stabilized wage situation. Factors Entering into Commission’s Wage Decisions IN THE settlement of wage controversies by the commission, it is reported, not less than five different factors have been taken into consideration: (1) The cost of living, (2) the profitableness of the industry (3) the possible effect of the wage change on the consumer, (4) the wage situation in the same industry in other States, and (5) payment in occupations requiring an equal degree of skill. Of these, the commission is said to regard cost of living as the most important. In attempting to arrive at a basis for the determination of the cost of living, the commission has prepared its own budget estimates of the expenses of a family of five at the minimum-of-subsistence level. From these estimates index numbers have been prepared purporting to show monthly changes in the cost of living since 1914. However, the authors of the report under review state that these estimates “ have proved to be neither accurate nor scientific in method,” but add that ^most awards have contained only an apparent guess at the changes in the cost of living,” and that “ other factors have played a prominent role in shaping the decisions.” Among these other factors they consider as outstanding the ques tion of the profitableness of the industry, although to obtain informa tion on this point “ no thoroughgoing examination of the books of a company has yet been made under its [the commission’s] direction. 2The authors call attention to the fact that the 24,865 men involved in the street-railway, steel, and coal https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis reCOTd3 f°r 1918“19- TWS nUmber haS bee* added [3 2 6 ] IN V E S T IG A T IO N O F IN D U S T R IA L D IS P U T E S 115 *' * * Apparently the statements of the employers have been relied upon.” As regards the possible effect of wage changes on the consumer, it was found that in a few cases attention was given to this question. In respect to the fourth factor listed, namely, the wage situation in the same industry in other States, the commission is said to have “ stoutly contended that Colorado industry should not be penalized in interstate competition by an excessive wage scale. * * * As a result of this position of the commission, companies with strong interstate competition (or those which have out-of-state plants) have been alert in calling attention to low wages prevailing in other States.” In a few instances, also, definite attention has been given to wages paid in occupations requiring a degree of skill similar to that required in the particular occupation under consideration. The commission has not prepared any occupational analyses but bases its decisions in this matter on statements of the contestants in the disputes. In addition to the above factors, reference is made to other prob lems which have been met: C oupled w ith wage disputes, o th er vexatious problem s have been encountered. One of these, th e d o sed shop, h as been h an d led indecisively. I t ap p e a rs th a t th e com m ission eith er believes th is issue o u tside of its ju risd ictio n o r holds th e p ractice to be undesirable. A no th er bone of co n ten tio n , t h a t of allow ing w orkers to be represented b y a g en ts of th e ir own choosing, is n evertheless decided in fav o r of th e unions. L im itatio n of o u tp u t a n d ju risd ictio n al d isp u tes a re o u t law ed. T he refusal to use m aterials m ade b y n o n union la b o r is te rm e d ‘‘u n fair an d unreasonable, inasm uch as it is punishing an em ployer w ho h a s been frien d ly w ith, an d fair to, m em bers of [organized lab o r].” 3 A ny a tte m p t b y em ployers to victim ize “ d is tu rb e rs” am ong th e ir em ployees is likewise forbidden. T hus, during th e w ave of w age red u ctio n s in th e coai fields, m an y em ployees who were discharged for refusing to sign th e red u ctio n agreem ent were ordered re in sta te d w ith p a y m en t for th e tim e lost. Effectiveness of the Industrial Commission Act A CCORDING to the authors of the present article, the commission seems to have been unable to do anything to prevent the major disputes which have developed out of controversies subject to its jurisdiction. The most prominent of these were the coal strikes of 1919, 1921, and 1922, the steel strike of 1919 in the Minnequa works of the Colorado Fuel & Iron Co., the Denver street-railway strike of 1920, the printers’ strike of 1921, and the packing-house strike of 1921. However, it is pointed out that although the commis sion has been unable to ward off extensive strikes, it has often impaired the effectiveness of unlawful walkouts. It has also to its credit some “ settlements of consequence” in metal-mine disputes. In recent years, a number of union groups have invoked the aid of the commission to a greater extent in the handling of their troubles, these groups including such organizations as the typographical union, the bakery workers, the pressmen, and the building-trades unions, as well as certain smaller unions. Still, the article states, “ as a general rule the successful work of the commission has centered in the cases where the union has doubted its ability to strike effectively or wdiere the workers have been unorganized. * * * Frequently ? The source of this quotation is given as Journeymen Stone Cutters’ Association of N . A. r. Fernaid and Walton, file 1149, Sept. 4, 1924. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [327] 116 M O N T H L Y L A B O R R E V IE W unorganized workers have no option but to accept the decision; indeed they may welcome the intervention of the commission. In a number of cases they have been afraid to protest wage cuts. * * * Organized labor has more confidence in its economic power than in an appointive commission.” The investigators found that a wide difference of opinion appears to exist as to the effectiveness of the act, which they sum up as follows: * * * Sup p o rters stress th e com m unity benefit of holding in d u stria l struggles in abeyance w hile b o th p a rtie s are b ro u g h t in to conference. S trikes an d lockouts are decreased in num ber, p ro d u ctio n continues, ju stice m ay be su b stitu te d for economic pow er, a n d good will ta k e s th e place of th e h a tre d w hich follows in d u stria l conflicts. O pponents a re equally in siste n t for trad e-u n io n ism a n d th e closed shop. T h e strik e, th e stro n g est w eapon of th e unions, can no t be effective because of th e lim ita tio n s th ro w n a ro u n d its use. In its place th e d oubtful expedient of a n a p p eal to th e com m ission is given. F u rth e rm o re , th e y hold th a t th e com m issioners m ay be, a n d generally are, biased. T he com m ission often w orks slowly, is o p p o rtu n istic, can n o t enforce its decisions, a n d is n o t able to p rev en t th e victim izatio n of union leaders. Ill considering the advantages and drawbacks which have accom panied the administration of this law, as they see them, the authors analyze the situation as follows: T o th e credit of th e com m ission it m ay be said th a t: (1) In th e sm aller dis p u tes in d u strial stoppage h as been m inim ized; (2) open in d u stria l w arfare has been m ade less p ro b ab le; (3) em ployers a n d em ployees h av e increasingly come to use th e p lan v o lu n tarily in o b tain in g settlem en ts; (4) th e com pulsory fe a tu re s of th e law h av e been k e p t in th e back g ro u n d , stress being placed on conciliation; (5) e m b ittered d isp u ta n ts h a v e been b ro u g h t to g e th e r w ith o u t loss of d ig n ity or d isad v an tag e in b arg ain in g position; a n d (6) m an y form alities a n d techn icalities have been avoided to g et a t th e facts. O n th e o th e r h an d , serious lim ita tio n s h av e ap p eared . (1) T h e com m ission has em ployed u n tru stw o rth y cost-of-living sta tistic s as a basis for w age decisions. T h a t ap p ro p riatio n s h av e n o t been av ailab le lessens in no w ay th e necessity of accu rate sta tistic a l calculations as a basis of sound ju d g m e n t w hen responsi bility for m akin g w age aw ard s is assum ed. (2) T h e com m ission h as failed to analyze carefully th e ab ility of a n in d u stry to p a y a given wage. (3) N o a d e q u a te or uniform principle h as been used as th e basis for w age fixation. (4) T he com m ission h as freq u en tly failed in large disputes, e ith e r th ro u g h ta r d y actio n or b y th e lack of a co n sisten t policy. (5) In te rs ta te disp u tes h av e n o t been well handled, a difficulty w hich seem s in h eren t in a n y p lan for S ta te reg u latio n of in d u stria l controversies. (6) T h e com m ission h as n o t been able or willing to p ro te c t th e w orkers from th e p re p a ra tio n s m ade by em ployers du rin g th e 30-day period. T he strateg ic pow er of lab o r h as been m aterially red u ced by th e law . (7) P rev en tiv e w ork has been neglected, v ery little h av in g been accom plished (as c o n tem p lated b y th e law) to p re v e n t d isp u tes th ro u g h inspec tio n s t h a t w ould rev eal sw eated conditions, u n sa n ita ry env iro n m en t, unsafe or dangerous m achinery. In fact, a ctio n is o rdinarily ta k e n only a fte r disp u tes h ave arisen. (8) T h e com m ission h as failed to gain th e su p p o rt of public opinion b y m ak in g its a n n u a l re p o rt^ uniform , clear, a n d sufficiently d etailed to be of value e ith e r to th e s tu d e n t of in d u stria l problem s or to th e general read er. (9) A dequate steps have n o t been ta k e n to p re v e n t com panies from victim izing m en w ho have been a ctiv e in pressing dem ands for w age increases. I t is easy for a com pany to find such m en to be “ inefficient.” (10) I t is a m oot q uestion w hqther unorganized w orkers are benefited by th e e n actm en t. Such w orkers are seldom ad eq u a te ly a n d coherently represented. F u rth erm o re, th e y find organization difficult, if n o t im possible, to a tta in because of th e ineffectiveness of th e suspended strike. M oreover, u n d er th e open shop th e y are h e sita n t to ask th e com m ission to in terv en e in th e a d ju s tm e n t of wages. The writers consider that it is an open question whether trust should be placed in this plan of compulsory investigation, and they consider as even more doubtful the advisability of extending the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [328] S T R IK E S IN 117 CHINA, 1 9 2 5 AND 1 9 2 6 experiment in its present form to other States, “ where the problems would be more complex and where the voice of public opinion would be even less pronounced than in Colorado.” However, they make specific suggestions which they believe would insure the greater effectiveness of the plan, which are quoted below: F irst, sufficient ap p ro p riatio n s should be g ra n te d to allow th e com m ission to carry on its w ork ad equately . (C areful sta tistic a l studies are especially needed.) Second, th e law should include some principle or principles of w age fixation for th e guidance of com m issioners; especially should a clear a n d specific m inim um w age basis be established. T h ird , th e 30-day w aitin g period should be scaled dow n to 10, or possibly 5, days. T his procedure w ould secure th e benefit of allowing b o th p arties to “ cool off,” while m inim izing th e ad v a n ta g e given th e em ployer by th e w aiting period. F o u rth , th e law should c o n tain a n expressed recognition of collective barg ain in g to be exercised by b o th p a rtie s th ro u g h agencies of th e ir ow n choosing. As a n experim ent, a suggestion m ig h t be to insist upon all w orkers’ h aving o rganizations th ro u g h w hich n eg o tiatio n s w ould be carried on. Such organizations w ould be registered by th e com m ission. In th is w ay m uch of th e existing difficulty could be avoided. * * * Finally, th e com m ission should m ake its rep o rts uniform , clear, a n d sufficiently detailed to reveal th e n a tu re of resu lts obtain ed . Steps should also be ta k e n to give such rep o rts w idespread publicity . Strikes in China, 1925 and 1926 4 HERE was a remarkable increase in the number of strikes in China in 1926 in comparison with preceding years, the record being 535 for 1926 and 318 for 1925, while for the 8-year period, 1918 to 1925, there were were only 698, counting those directly resulting from the “ Shanghai affair” of May 30, 1925. This phenomenal rise in the number of strikes is declared to be a fair indication of “ the growing labor movement and its increasing complexities.” At the same time it is pointed out that strike report ing and data collection for 1926 were more satisfactory than for former periods, and consequently the number of unreported strikes should be fewer in 1926 than for previous years. The number of strikes and of strikers and the duration of strikes in 1925 and 1926 are shown in the following statement. The figures in parentheses used here, as well as in the tables following, include the strikes arising from the incident in Shanghai on May 30, 1925. T 1925 T o ta l n u m b er of strikes _ __ _ 183 S trikes for w hich n u m b er of strik ers w as rep o rted 103 T o tal n u m b er of strikers . . . 403, 334 3,916 A verage n u m b er of strik ers p e r d isp u te . S trikes for w hich d u ra tio n w as re p o rte d . 95 T o ta l n u m b er of d ay s lost 505 5 .3 2 A verage d u ra tio n of strik es (d ay s). _ 1926 (318) 535 (198) (784, 821) (3, 964) (120) (2, 266) (18. 88) 313 539, 585 1, 723. 91 340 2, 335 6. 87 * Labor Review, October, 1926, pp. 99-112; and Chinese Economic Journal, Peking, December, 1927, pp. 1077-1079. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 118 M O N T H L Y L A B O R R E V IE W The number of strikes of 1925 and 1926, classified by industries, is as follows: 1925 T extile trades______________________________________ Foods and foodstuffs________________________________ Household goods___________________________________ Construction and building____________________________ T ool m aking and m anufacturing_______________________ Com m unication and transp ortation _____________ Basic industries____________________________________ E ducational enterprises______________________________ Personal hygiene and public h ealth ____________________ Ornam ents and luxuries______________________ M iscellaneous______________________________________ 73 11 7 9 8 30 7 14 3 6 15 1926 (105) (25) (12) (15) (27) (42) (9) (20) (10) (11) (42) T o ta l_______________________________________________ 183 (318) 201 34 10 19 64 77 5 41 18 23 43 535 T h e n u m b e r o f r e p o r t e d s t r i k e s f o r 1 9 2 5 a n d 1 9 2 6 , c la s s if ie d b y c a u s e s , is a s f o l l o w s : E conom ic pressure: 1925 H igh cost of liv in g _____________________________________ 11 (11) W age in crease________________________________ 78 (79) Increase in fees________________________________________ 4 (4) Increase in ta x e s___ ___________________________________ 2 (2) W age deductio n or re d u c tio n , ________________________ 9 (9) T re a tm e n t of labor: 3 (3) W orking h o u rs___________________________ ____ •________ M a ltre a tm e n t__________________________________________ 27 (27) C hange of w orking c o n d itio n s__________________________ 4 (4) 11 (11) Policy of em p lo y e r_____________________________________ F o re m a n _______________________________________________ 7 (7) Tips, bonuses, e tc __ ______________________________________________ A gainst dism issal of w o rk m a n _____________________________________ M iscellaneous_____________________________________________________ P o p u lar m o v em e n ts: P a trio tic d em o n stra tio n s_______________________________ 2 (136) N ew -though t m o v e m e n ts_______________________________ 5 (5) R ig h t to organize u n io n s____________________________________ 4 (4) O utside conflicts____________________________________________ 4 (4) S ym p ath etic strik e s____________________________________________________ M iscellaneous______________________________________________ 11 (11) C ause u n k n o w n ____________________________________________ 1 (1) 1926 19 210 9 4 8 T o ta l________________________________________ 183 535 (318) 13 30 10 14 45 8 36 16 16 3 11 15 16 23 29 With reference to mediation methods it should be noted that in 1926 “ the part played by the Kuomintang government as an arbitra tor was appreciably more important than in former years, because in 1926 the Kuomintang gradually extended its influence in the Wu-han area and the lower Yangtze Valley and wherever the party has gone it has carried with it the tactics of directing the labor movement. In 1926, out of a total of 535 strikes, 266 cases were settled either through the efforts of the representatives of employers and employees or of third parties.” End of Lockout of Cigar Makers in Germany REPORT from Egmont C. von Tresckow, consul in charge at Berlin, states that the strike of 120,000 cigar workers in Germany was brought to an end on December 1, 1927, as a result of negotiations between the workers and employers held in conjunction with the Federal Minister of Labor. An agreement A https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [330] IN DU STRIAL D ISPUTES IN IN DIA, FIR ST HALF OF 1927 119 was reached which provides that the reprisals taken by the hostile parties shall be repealed immediately, work is to be resumed without delay, and no punishments are to be inflicted upon the strikers. The existing wage agreement which was to expire March 31, 1928, is extended until March 31, 1929, and the current wages will, from March 31, 1928, be increased 12 per cent, and for the districts of Hamburg and Bremen 10 per cent. At the suggestion of one of the parties, conditions in the industry may be reinvestigated after October 1, 1928, with a view to determining whether the cost of living warrants a revision of the wage scales. Such an investigation would be made by three neutral persons, to be appointed by the Federal Minister of Labor. Industrial Disputes in India, First Half of 1927 HE Government of India has recently issued a bulletin con taining statistics relating to the industrial disputes occurring in India during the six months ending June 30, 1927, which is summarized in the October, 1927, issue of the Bombay Labor Gazette. During this period there were 74 disputes, involving 78,698 work people and occasioning an aggregate loss of 977,244 working-days. Grouped by the kinds of estabhshments in which they occurred, the disputes were as follows: T G E N E R A L E FF E C T S OF D ISPU T E S, B Y E ST A BL ISH M EN T S ' Number of dis putes Number of workpeople involved Number of working-days lost Cotton mills--_ . Jute mills____ ____ . _____ Engineering w orkshops____ Railways (including railway workshops)____ _____- ____ _ _ _ Others____ . . . ______ ________ 27 7 5 2 33 12,220 23,596 3,642 23,114 16,126 129,749 178,415 26,295 563,421 79,364 __________ ____ ________ _ 74 78,698 977,244 Kind of establishment Total_____ While the greatest number of disputes occurred in cotton mills, they were apt to be less important than in some other industries. All the 27 disagreements which occurred in cotton mills involved fewer people and far less loss of time than the 7 occurring in jute mills or the 2 railway disputes. These last were by far the most serious disputes of the half year, accounting for 57.7 per cent of the total time lost in all disputes. Exactly half of the disputes, 37, arose over questions of pay, 20 were due to matters of personnel, 3 related to question of leave and hours, and 14 are grouped as due to other causes. The two railroad disputes arose over questions of personnel. In cotton mills, disa greements as to pay caused the greatest number of disputes, 14, personnel accounted for 10, and miscellaneous causes for 3. Seventy-two of the disputes were settled during the half year. The employees were entirely successful in 8 of these (11 per cent), partially successful in 25 (35 per cent), and wholly unsuccessful in 54 per cent. In the two large railway disputes they were partially successful. In the cotton-mill disputes they were wholly successful in 2 cases, partly so in 5, and unsuccessful in 20. Two disputes were still pending at the close of the period covered. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1331] WAGES AND HOURS OF LABOR Index Numbers of Wages, 1840 to 1926 General Index of Hourly Wages N THE Labor Review of February, 1921, an index of earnings per hour of wage earners generally was given for the period 1840 to 1920. In the preparation of that index number use was made of such wage data as were available for the various lines of em ployment, except that figures for agricultural labor were excluded. Frequent demand has been made for the continuation of this index down to a later year from persons who want to follow the trend of the broad field of wage rates rather than rates in specified industries and occupations. There never has been a wage-rate census in the United States. Satisfactory wage-rate data have been collected in many of the major industries, but there are other industries for which wage figures have not been compiled. However, while the information is not all inclusive, sufficient data are available to warrant continuation of the index down to 1926. I T able 1 .— IN D E X N U M B E R S OF W AGES P E R H O UR, 1840 TO 1926 (E X C LU SIV E OF A G R IC U L T U R E ) [Currency basis during Civil War period. Year Index number Year Index number Year 1913 = 100] Index number Year Index number •>' 1840 1841 1842___ 1843___ 1844,. 1845.. 1846— 1847— 1848 . 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 I860 1861 33 34 33 33 32 33 34 34 35 36 35 34 35 35 37 38 39 40 39 39 39 40 1862 1863 1864__________ 1865__________ 1866__________ 1867______ 1868. 1869. . 1870_______ 1871____ 1872. 18731874 ___ 1875____ 1876--1877____ 1878. 1879 18801881 1882. 1883- - 41 44 50 58 61 63 65 66 67 68 69 69 67 67 64 61 60 59 60 62 63 64 1884__________ 1885--, 1886__________ 1887__________ 1888__________ 1889__________ 1890__________ 1891__________ 1892__________ 1893__________ 1894__________ 1895_________ 1896__________ 1897__________ 1898__________ 1899__________ 1900__________ 1901__________ 1902__________ 1903__________ 1904__________ 1905__________ 64 64 64 67 67 68 69 69 69 69 67 68 69 69 69 70 73 74 77 80 80 82 1906___________ 1907___________ 1908___________ 1909___________ 1910___________ 1911___________ 1912___________ 1913___________ 1914___________ 1915___________ 1916___________ 1917___________ 1918___________ 1919___________ 1920___________ 1921___________ 1922___________ 1923___________ 1924___________ 1925...... ............ . 1926___________ 85' 89 89 90 93 95 97 100 102: 103 111 128 162: 184 234 218 208: 217 223 226 229 The early part of 1920 was a period of great industrial activity, and in this period employment and hourly earnings reached their highest point. A sharp downward trend of employment occurred in the latter part of the year. There was a great reduction in employ ment in the depressed year, 1921, accompanied, as might be expected, by a reduction in wage rates. The slump continued in 1922. As business conditions improved in 1923 there was a gain in wage rates which has been augmented each succeeding year, 120 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [332] 121 WAGES OF M ILK ERS— CALIFORNIA It must not be assumed that changes have been alike in all lines of employment. Heavy factors in the upward trend since 1922 are the trades engaged in baking, building, stonework, auto driving, freight handling, and printing. All of these trades were particularly active during recent years and they have had very substantial wage increases. The building trades and all of these trades collectively had a wage rate 26 per cent higher in 1926 than in 1920. Anthracitecoal workers had an increase of 10 per cent in the latter part of 1923. On the other hand, earnings per hour in many lines were considerably lower in 1926 than in 1920. To illustrate, there was a decrease of 32 per cent in hourly earnings in cotton manufacturing, of 22 per cent in woolen manufacturing, of 15 per cent in the iron and steel industry, and of 6 per cent in railroad wages, all as between 1920 and 1926. Farm-wage Index t r A R M - W A G E rates are collected by the Department of Agriculture, and that department has computed index numbers therefor. Average rates and index numbers computed from them for the period 1866 to 1926 are published in the Yearbook of Agriculture for 1926. The index numbers as computed by the Department of Agriculture have the average for the five years, 1910-1914, as the base or 100. In Table 2 the index numbers are printed in their original form on the 1910-1914 base. In addition these index numbers have been con verted to a 1913 base to permit a comparison with the general index above. T able Z —IN D E X N U M B E R S OF FARM -W AGE RA TES, 1866 TO 1926 (Years 1866 to 1878 in gold) Index numbers of farm wage rates on basis of— Year Index numbers of farm wage rates on basis of— Year Year Average, 1910-1914 1913 = 100 = 100 1866________ 1869________ 1874 or 1875__ 1877 or 1879. __ 1879 or 1880-_1880 or 1881__. 1881 or 1882... 1884 or 1885__ 1887 or 1888.__ 1889 or 1890... 1891 or 1892... 1893________ Index numbers of farm wage rates on basis of— 55 54 59 56 59 62 65 65 66 66 67 67 53 52 57 54 57 60 63 63 63 63 64 64 Average, 1910-1914 1913 = 100 = 100 1894. 1895______ 1898________ 1899________ 1902________ 1906________ 1909________ 1910________ 1911________ 1912________ 1913________ 1914 61 62 65 68 76 92 96 97 97 101 104 101 59 60 63 65 73 88 92 93 93 97 100 97 Average, 1910-1914 1913 = 100 = 100 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 109 112 140 176 206 239 150 146 166 166 168 171 Ô8 108 135 169 198 230 144 140 160 160 162 164 Wages of Milkers in the Dairy Industry in California, 1906 to 1927 S T U D Y of the economic aspects of the dairy industry in California, made at the request of the various dairy interests of that State, has recently been published by the agricultural experiment station of the College of Agriculture of the University of California.1 A 1 University of California. College of Agriculture. Agricultural Experiment Station. aspects of the dairy industry, by Edwin C. Voorhies. Berkeley, 1927. (Bulletin 437.) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [333] Economic 122 m onthly labor r e v ie w In considering the question of labor in the dairy industry, data were obtained on the wages paid to workers whose sole occupation is the milking of the cows. This work is done in most States by the regular farm help or by the dairyman’s family, but in California many of the dairy farms employ professional milkers, who possess a skill that the average farm laborer does not attain. On the larger dairy farms these milkers are employed to milk “ strings” of cows varying in number from 20 to 33. The following table shows the maximum, minimum, and average monthly wages paid to milkers in California from 1906 to 1927, in addition to board and keep. The figures were obtained by the investigator from employment agents operating at San Francisco, Stockton, Sacramento, and Los Angeles. M A X IM U M , M IN IM U M , A N D AVER A G E M O N T H L Y W AGES PA ID TO M IL K E R S IN CALIFO RN IA , 1906-1927 Index numbers (1910-1914=100) Wages per month Year Minimum Maximum 1906________________________ 1907________________________ 1908________________________ 1909________________________ 1910________________________ 1911________________________ 1912________________________ 1913________________________ 1914________________________ 1915________________________ 1916________________________ 1917________________________ 1918________________________ 1919________________________ 1920________________________ 1921________________________ 1922________________________ 1923________________________ 1924________________________ 1925________________________ 1926________________________ 1927 (through October), _____ $30. 00 30. 00 35. 00 35. 00 35. 00 35. 00 35. 00 35. 00 35. 00 40. 00 40.00 45. 00 60. 00 80. 00 90. 00 90. 00 70. 00 75. 00 80. 00 80. 00 80. 00 70. 00 $40. 00 40.00 40. 00 40.00 40. 00 40.00 40. 00 45.00 45. 00 50. 00 50. 00 55. 00 77. 50 100. 00 100. 00 110. 00 90. 00 95. 00 100. 00 100. 00 100. 00 100. 00 Average $35. 00 35.00 37. 50 37. 50 37. 50 37. 50 37. 50 40. 00 40.00 45. 00 45. 00 50. 00 68. 75 90. 00 95. 00 100. 00 80.00 85. 00 90. 00 90. 00 90. 00 85.00 Minimum wage Maximum wage 85.7 85.7 100.0 100.0 100.0 100. 0 100.0 100.0 100.0 114. 3 114. 3 128.6 171. 4 228. 6 257. 1 257.1 200.0 214.3 228.6 228.6 228.6 200.0 95.2 95. 2 95. 2 95.2 95.2 95. 2 95.2 107. 1 107.1 119.0 119.0 131. 0 185.0 238. 1 238.1 261. 9 214.3 226.2 238.1 238. 1 238.1 238.1 Average wage 90.9 90.9 97.4 97.4 97.4 97.4 97.4 104.0 104.0 113.9 116.9 129.9 178.6 233. 8 246.8 259. 7 207.8 220.8 233.8 233.8 233.8 220.8 Report of Belgian Commission on Eight-Hour Day 2 1924 a commission was appointed by the King of Belgium to inquire into the effects of the law of June 14, 1921, instituting in that country an 8-hour day and a 48-hour week. Among the 41 members of this body were Government officials, university professors, industrialists, and representatives of labor organizations. The full report of the commission, published in 1927, contains 467 pages and includes hearings, replies to questionnaires, reports of subcommittees, and the recommendations adopted by the commis sion. It is, however, frequently and emphatically pointed out in this volume that replies to the commission’s inquiries were often mere expressions of opinions which were backed by neither investigation nor proofs. The fact that so many undertakings and organizations I N 2 Belgium, Ministère de l ’Industrie, du Travail et de la Prévoyance Sociale, Compte-rendu des travaux de la commission chargée de s’enquérir des effets de la loi du 14 juin 1921 instituant la journée de huit heures et la semaine de quarante-huit heures, Brussels, 1927, pp. 455-457, 462, 463; and International Labor Office, Industrial and Labor Information, Geneva, M ay 23, 1927, pp. 299-304. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 3 4 ] REPO RT OF B ELG IA N COMMISSION ON E IG H T-H O U R D A Y 123 failed to re p ly a t all also a d v e rse ly affects th e v a lu e of th e findings. W ith th e se sh o rtc o m in g s in view , v a rio u s e x c e rp ts fro m th e re p o rts of th e th re e s u b c o m m itte e s a re g iv en below : Reports of First Subcommittee AJATIONAL 'production.— In 1923-24 production in coal mining and in the iron and cement industries was about up to the pre war level. In about 50 per cent of the undertakings working up iron and steel the output was very much above that level, while in quarries, work on zinc and allied metal, and in the mechanical and in the metal-construction industries there was deficit in production. I n c e rta in b ra n c h e s of th e te x tile in d u s try n a tio n a l p ro d u c tio n in g en e ral w as re p o rte d to b e a p p re c ia b ly g re a te r th a n befo re th e w a r as w as also p ro d u c tio n in ta n n e rie s a n d ch o co late, m a rg a rin e , an d to b acc o fa cto ries. O n th e o th e r h a n d , som e b ra n c h e s of th e tex tile in d u s tr y a re e ith e r a t th e p re -w a r lev el o r slig h tly ab o v e it. L ow er p ro d u c tio n is re co rd e d in th e w oolen in d u s try of th e V e n d e rs d is tric t, in th e sh o e fa c to rie s a n d in th e clo th in g in d u s try . Hourly production.— A m o n g th e in d u s trie s in w hich i t w as re p o rte d h o u rly p ro d u c tio n h a d in c re a se d w ere coal m in in g , m e ta l m in in g , th e e x tra c tio n a n d p re p a ra tio n of m in e ra l, c e rta in q u a rrie s, a n d th e w o rk in g u p of iro n a n d steel. H o u rly o u tp u t h a d in cre ased in h alf of th e sc re w -b o lt fa c to rie s a n d in th e m a jo rity of m ech a n ical a n d m e ta l-c o n s tru c tio n u n d e rta k in g s. A d ecrease w as re p o rte d , ac c o rd ing to th e re p lie s re c e iv e d fro m em p lo y ers, in c o a l-ta r d istilla tio n an d in th e m a n u fa c tu re of a rtific ia l silk, glue a n d g e latin e, m atch e s, u ltra m a rin e b lu e, a n d p a p e r. Labor.— I n th e te x tile in d u s try in F la n d e rs a sc a rc ity of ap p re n tic e s w as n o te d , a s w as also a sh o rta g e of la b o r, esp ecially skilled lab o r, in c e rta in u n d e rta k in g s in q u a rrie s a n d m ech a n ical engineering. T h e n u m b e r of w o rk e rs h a s in cre ased in th e ch em ical an d p a p e r in d u strie s an d c o st p rice s h a v e risen . Equipment.— Im p ro v e m e n t in e q u ip m e n t w as re p o rte d in v ario u s in d u strie s. M a n y of th e em p lo y ers, h o w ev er, re g a rd th is im p ro v e m e n t as n o rm a l a n d n o t as th e re s u lt of th e h o u rs-o f-w o rk law . Report of Second Subcommittee J J HEMPLOY M E E T.— The law would seem to have had no general or uniform effects on unemployment. The provisions of the act permits of special adaptation to circumstances in order not to interfere with the needs of production. There is a conflict of opinion as to whether the act has influenced the seasonal trade, 9 employers declaring that it had and 13 that it had not. On the same question 22 replies from workers were on the positive side and 29 on the nega tive. Legislators hoped that the shortening of the working-day would immediately give work to the jobless. However, the taking of work from those who have it to give it to those who have it not is declared to be far too simple a scheme to solve such a complex prob lem as unemployment, influenced as it is by the fluctuating demands for commodities, slowing down of production, cost prices, and other factors. 82645°—28-----9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [335] 124 MONTHLY LABOR R EV IE W Migration.—The conclusion is reached that in general there is no relation between immigration and the eight-hour law, and the exodus of Belgian labor is attributed to the higher wages and other special advantages given to workers in France as well as to the more liberal application of the eight-hour law in that country. Report of Third Subcommittee T TTILIZATION of workers'1 spare time.—A great majority of the ^ employers’ replies are heavy with pessimism in regard to the manner in which the workers utilize the leisure secured under the eight-hour act. iti general, employers consider that the workers use this time to go to theaters, motion pictures, cabarets, dances, etc. A much smaller group of employers state, however, that seriousminded workers devote their spare time to the cultivation of small plots of ground or to working for farmers or to other remunerative employment. Young unmarried workers prefer sports and other amusements. For the most part the workers ’ replies present a sharp contrast to those of the employers. With a few exceptions, employees answer that the new leisure contributes to their physical and intellectual development and “ raises their social level.” Among the more fre quently reported uses of their spare time were gardening, small-scale land cultivation and stock breeding, reading, the following of trade courses, attendance at adult schools, study circles, conferences, and membership in musical and dramatic societies. A few of the workers’ replies stated that trade courses were not so well attended or attended no better than before the law was enacted. Recommendations of Commission rT",HE commission as a whole recommended a simplification of “ the formalities and negotiations” provided in article 7 of the law to secure authorization for overtime “ to meet an extraordinary accumulation of orders.” In the commission’s judgment, it was also advisable to authorize making up days lost, with the proviso, however, that the number of hours worked per day should not exceed 10 or not exceed an average of 48 hours a week for a six months’ period. The commission was of the opinion that the difficulties arising from the “ regrettable prejudices and numerous misunderstandings” disclosed by its inquiry might be solved in part by a loyal and exact interpretation of the act and in part by agreement between the heads of undertakings and the labor organizations. Decision of Minister of Labor, Industry, and Social Welfare r \N JANUARY 11, 1927, in conformity with the views of the commission, the Ministry of Industry, Labor, and Social Wel fare rendered a decision, which is reproduced in part below: As regards the conditions required for the grant of authorizations prolonging hours of work under section 7 of the act, it seemed desirable, as a result of the work of the committee of inquiry into the effects of the act, to define clearly certain circumstances which might justify the grant of such authority. From this point of view, the fact that production has been interrupted by a circum[336] https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 125 PAYM ENT FOR OVERTIME IN GERMANY stance outside the control of the employer and the workers may be henceforth assimilated to the “ extraordinary accumulation of orders” provided for explicitly in the text of section 7. As circumstances of this nature may be quoted disasters such as accidents, fires, floods, collapses of buildings, and incidents of industrial life such as the breakage of machines, the installation of new apparatus, etc., always^ provided, however, that strikes, lockouts, and stoppages of work due to local fêtes continue to be excluded. Generally speaking, the Factory Inspection Department must do its utmost to hasten so far as possible notification of requests for exemptions under section 7 of the act. For this purpose the Provincial Factory Inspection Service is requested to proceed with such notification as often as possible on the same day as the reception of the requests, so that it may be possible on the day after the reception to send the full dossier of the question to the Central Factory Inspection Depart ment, which will examine them without delay and pass them to the third section of Labor Office. This department will immediately draw up the necessary decree and submit it to me on the same day. Wage Rates in Brazil in 1926 H E p re v a ilin g w age ra te s fo r a selec ted list of o cc u p atio n s in B raz il d u rin g th e y e a r 1926 a p p e a re d in a co m m u n icatio n from C o n su l D ig b y A. W illson a t B io d e Ja n e iro , d a te d S ep te m b e r 14, 1927. The follow ing ta b le w as co m piled fro m th is re p o rt: T W AGES IN SP E C IF IE D OCCUPATIONS A N D LOCALITIES IN BRAZIL, 1926 [Conversions into United States currency made on basis of milreis=12 cents] Occupation Federal District Rio de Janeiro Sao Paulo Santas Pernam buco Daily wages Mechanics, sk ille d ............................. Carpenters______________________ Bricklayers______________________ Electricians, skilled______________ Electricians, ordinary____________ Stevedores_______________________ Chauffeurs______ ______ __________ Motormen, railway_______________ Conductors, railway______________ Factory workers, male____________ Factory workers, female___________ Factory workers, minors____ _____ Laborers, unskilled_______________ Agricultural workers, during harvest season_________________________ Agricultural workers, other seasons.. $1. 80 $3. 00 $1. 44-$2.16 1. 80- 3. 60 1.44- 2.40 1. 44- 3. 00 1. 20- 2. 40 1. 80- 4. 20 1. 44- 1. 92 1. 20- 1. 68 . 98- 1. 20 1. SO 1. 80 1. 80- 2. 40 1. 44- 1. 80 1. 44- 2. 40 . 96- 1. 80 . 96- 1. 44 .72- .84 . 96- 3. 00 . 72- 1. 80 .84- 1.68 . 36- 1. 08 .36- .76 . 24- . 60 .36- .84 .36- .60 .48- . 84 .48 $1. 80-$2. 40 i$42.00-$60.00 $1. 44-$2. 40 2.40- 3. 60 1. 92 .96- 1.44 1.44- 2.16 1.92 .96- 1.20 1. 80- 3. 60 148. 00- 84. 00 1. 80- 2.16 1.20- 1.80 130. 00- 36. 00 .96- 1.44 1 80 1. 80- 3. 00 1. 80- 2. 40 .96- 1.80 1. 44- 2. 40 1. 20- 1. 92 . 96- 1.44 . 96- 1. 44 . 96- 1. 20 .96- 1.08 1. 20- 2. 64 i 24. 00- 30. 00 .48- .60 . 60- 1. 44 118. 00- 24. 00 .25- .48 .36- .72 112. 00- 18. 00 .25 .36- .78 . 36- . 72 .60 .60- 96 . 48- . 72 .24- .42 M onthly wages Waiters. C ooks.. M aids.. $12. 00-$21. 00 18. 00- 36 00 12. 00- 24. 00 $3. 60-$7. 20 $12. 00-$18. 00 12. 00-24. 00 18. 00- 42. 00 9. 00-12. 00 12. 00- 24. 00 $3. 60-$9. 00 $4. 80-$7. 20 15. 00-30. 00 9. 00-18. 00 9. 00-15. 00 4. 20- 9. 00 1 Per month. Payment for Overtime in Germany3 NFORMATION (based on statements in the German press) is given below of provisions governing hours of work and payment of overtime incorporated in collective agreements or arbitration awards in the main German industries (metal, mining, textile, chemical, woodworking, and tobacco) under the emergency act of April 14, 1927. I 3 Reprinted from International Labor Office, Industrial and Labor Information, Geneva, Nov. 28,1927, pp. 264-266. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [337] 126 MONTHLY LABOR R E V IE W It will be remembered that the act prescribes an eight-hour day for all classes of workers covered by the orders of November 23, 1918, and March 18, 1919 (industrial workers and employees). Whereas, however, previous regulations did not fix special rates of remuneration for overtime, section 6a of the act provides that overtime shall be conditional on an increase of 25 per cent as from the forty-ninth hour, unless the interested party has made some other arrangement after the coming into operation of the act or special circumstances justify a different regulation. The act adds that where on April 1, 1927, overtime was regulated by a collective agreement or authorized by official permit, section 6a shall not come into operation until the expiration of the collective agreement or the official permit, but in no case later than July 1, 1927. Metal Industry CAXO NY.—An arbitration award of April, 1927, provides for the réintroduction of the 48-hour week; prior to that date it was permissible to prolong the working week up to 52 hours. Whenever authorized, overtime must be paid at special rates. The award does not define these rates. Iron and steel group oj northwest Germany.—By an award given at the end of July, 1927, weekly hours of work were reduced, as from August 2, 1927, from 59 to 57 for continuous process iron foundries; as from August 8, from 56 to 54 hours; and after October 3 from 54 to 52 hours for establishments engaged in the transformation of metal. The award contains no special provisions respecting the payment for overtime. Cologne.—An arbitration award made compulsory on July 24, 1927, fixes 48 hours as the working week. Employers may order a weekly prolongation of four hours until November 1 and of three hours after that date. Wages are increased by 20 per cent from the fortyninth to the fifty-second hour. Aix-la-Chapelle.—An arbitration award provides for a 10 per cent increase in wages from the forty-ninth to the fifty-fourth hour from July 1 to November 1, and a 25 per cent increase after that date. From July 1 an increase of 25 per cent must be paid from the fiftyfifth hour. Berlin— A standard collective agreement, concluded at the end of May, 1927, establishes a 48-hour week. Where necessary an extra hour per day may be ordered from Monday to Friday, inclusive. The average working hours may not exceed 51 per week for a period of 12 weeks. The agreement provides for an increase of 15 per cent for overtime and of 50 per cent for work done on Sundays and public holidays. Wurtemberg.—An arbitration award in operation since June 1, 1927, provides for a normal week of 48 hours and the following increases in respect of overtime: 10 per cent from the forty-ninth to fifty-second hour; 20 per cent from the fifty-third to the fifty-fourth hour; 25 per cent from the fifty-fifth to the fifty-sixth hour; 50 per cent after 56 hours. Lower Silesia.—According to an award of July 1,48 hours are worked per week. The increase for overtime is 15 per cent from the fortyninth to the fifty-fourth hour and 25 to 50 per cent from the fiftyfifth hour. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [338] PAYM ENT FOR OVERTIME IN GERMANY 127 Mining Industry Silesia.—According to an arbitration award made compul L OWER sory on J u n e 1927, daily hours of work for surface workers vary 1 , from 9 to according to circumstances. Overtime wages are in creased by 15 per cent for the 9th hour and by 25 per cent for the 10th hour. Saxony.—According to an arbitration award issued during April, 1927, workers received, as from July 1, an increase of 15 per cent for the 9th hour and of 25 per cent for the 10th hour.4 Textile Industry A S IT was not found possible to draw up new regulations by common consent in the textile industry, awards were issued in April, May, June, and July, 1927, at the request of one or the other of the parties concerned. The normal working week was fixed at 48 hours, increases for over time varying from 10 to 25 per cent from the forty-ninth hour up to the fifty-sixth hour, according to the districts and branches of the industry concerned. Chemical Industry IN ACCORDANCE with section 6a of the emergency act of April 14, 1927, an arbitration award allows workers in the chemical industry a 25 per cent increase in wages for every hour of overtime worked according to the provisions of the act. Woodworking Industry '“THE standard collective agreement previously in force in the Ger*■ man woodworking industry granted for the first three hours worked in excess of the 48-hour week an increase of 10 per cent of the average wage. In virtue of an arbitration award made on July 1 at the request of the Federal Minister of Labor, an increase of 25 per cent must be paid for the first three hours of overtime. Paper, Cardboard, Cellulose, and Wood-pulp Industry system was previously in force in this industry. THEAntwo-shift arbitration award accepted by both parties at the end of July, 1927, prescribes the 8-hour day and 48-hour week. The threeshift system was to be brought into operation before September 30, but in case of necessity this date could be extended to December 31, 1927. Wages are increased by 10 per cent from the forty-eighth to the fifty-fourth hour and by 25 per cent after the fifty-fourth hour. 4 Attention should also be drawn to the following three arbitration awards given before the coming into operation of the act of April 14, 1927: , . T h e R u h r .— An award of Mar. 18,1927, prescribes the 8-hour day for underground workers, the reduc tion of working hours from 10 to 9 for surface workers in continuous-process establishments, and a reduction of the daily hours of attendance from 12 to 10. Wages are increased by 25 per cent after the 9th hour in continuous-process undertakings where a 10-hour day is in operation. A i x - l a - C h a p e l l e . — A n arbitration award of Mar. 26, 1927, establishes a shift of 7 hours for underground workers Overtime must be carried out so that the-shift does not exceed 83^ hours. Since June 14 the length of the shift has been reduced to 8 H hours. The hours of work of surface workers are the same as those underground. ., , . . . . .. , U p p e r S i l e s i a .—An arbitration award of Feb. 22, 1927, provides for underground workers a reduction of one-quarter hour as from Mar. 1, and a second one-quarter hour as from Sept. 1, 1927. Wages are increased by 25 per cent for the 9th hour in continuous-process undertakings. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [339] 128 MONTHLY LABOR R EV IEW Tobacco Industry DEFORE the coming into operation of the emergency act weekly hours of work were 54 but could be prolonged to 56 without extra renumeration being paid. The arbitration award accepted by the two parties provides for a 48-hour week as from May 21, 1927. Wages are increased by 20 per cent from the forty-ninth to the fiftyfourth hour and by 25 per cent after the fifty-fourth hour. Minimum Wages in Tokyo Building Trades 5 AT A RECENT conference of the Bureau of Social Affairs of / - \ Tokyo it was decided to establish the following standard min imum daily wages for building workers placed through the municipal employment exchange on public and private undertakings of that city: M IN IM U M WAGES IN B U IL D IN G T R A D E S OF TOKYO [Conversions into United States currency based on exchange rate in October, 1927, of yen=46.56 cents] First class Occupation Yen Carpenters _______ . ________ Stonemasons _ . __ _ _____ Plasterers. . . . . . Forem en.._ __________ . . . Navvies . . ________ . . . . ______ Unskilled laborers: Males. _. _________ . __________ ___________ Females _____ Foremen____ _ ______ . . ________ United States Cur rency Second class Yen Third class United States Cur rency Yen United States Cur rency 2. 70 1. 30 2. 80 2.00 1.90 $1. 26 1. 54 1. 30 .93 .88 2.40 2. 70 2. 50 1. 80 1. 70 $1.12 1. 26 1.16 .84 .79 2.10 2. 40 2. 20 1. 60 1.50 $0. 98 1. 12 1. 03 .74 .70 1. 50 .80 2. 50 .70 .37 1.16 1. 40 .75 .65 .35 1. 30 .70 .61 .33 1 It is anticipated that these minimum standards will be applicable from October 1, 1927, to March 31, 1928. The fixing of this minimum wage scale in the building trades will indirectly have an effect on the wage standards for similar workers not engaged through the municipal employment exchange, and even tually may affect the wages in allied industries. Wages in Switzerland, 1926 6 REPORT of the wages of workers in various industries in Switzerland who were injured in industrial accidents during the year 1926 is given in the December, 1927, issue of the bulletin published by the Federal Labor Bureau. The wages are reported for five classes of workers—foremen and master workmen, skilled and partly skilled workers, unskilled work ers, women, and young persons under 18 years of age. In general A 5International Labor Office. Industrial and Labor Information. Geneva, Dec. 5, 1927, p. 297. 6 Switzerland. Office fédéral du Travail. Informations de Statistique sociale. December, 1927, up. 342-349. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [340] 129 WAGES IN SW ITZERLAND, 1926 the wages showed little variation from the average for 1925. There was no change in the average wages of unskilled workers in 1926, while there was an increase of 2 per cent in the wages of foremen and of 1 per cent in each of the other three groups over the average wages paid in 1925. The daily wages of the four classes of adult workers mentioned above who were injured in accidents in 1926 were from 106 to 108 per cent higher than in 1913, but real wages, measured by the cost of living, were only from 27 to 28 per cent higher than in the pre-war year. There was a slight decrease in the cost of living in 1926 over "that of 1925, resulting in a slight increase in the real wages of adult workers. The following table shows the average daily wages of Swiss workers in 1913 and 1926 and index numbers of actual wages and real wages in 1926, by industry groups: AVERAGE D A IL Y W AGES OF W OR K ER S IN JU R E D IN A C C ID E N T S IN SW ITZER LAN D IN 1913 A N D 1926 A N D IN D E X N U M B E R S OF A C TU A L WAGES A N D R E A L WAGES [Average exchange rate of franc in 1926=19.31 cents] Average wages paid Index numbers of— Actual wages Industry group 1913 Real wages 1926 1913 = 100 Foremen: M etal industry__________________ _.. ---------- ------Building___ __________ _ _ __ ---------------Wood industry_____ - _ . . ---- --------------Textiles. . . . ---- -- _ ------- -- ---------- ---------Food products and tobacco_____ . _________ - ---------Skilled and semiskilled workers: M etal and machine industries _____ . . ------------B uild ing.. ________ - ------- -- - --------Wood industry______ ______ ______ - Clocks, ------ -------- ---------- _ ----------- -, ------Food products and to b a cc o -,----------------Manufacture of vehicles_________ _ ------------ _ _ -----Electricity____ ___________ ___ - --- - ------------Gas and water stations------- --------- --------- -------------------Unskilled workers: Metal and machine industries-------- -------------- -------------B u ild in g -- ,___ ________ - --------- ----------Wood industry. _ _______ - , ------- - - ---------- -----Stone and earth produ cts---------------- _ -------------Chemicals-------------- ------------------ ------------------------------Food products and tobacco--------------- -- ---------------Commercial establishments ------------- , _ ------------- -Mines and quarries___________ _____ _ -----------------Forestry............................................................................................. Women: Textiles__________________ ______ ____________ ___ . ........ - ----Clocks __________ Food products and tobacco. ----------- - . ---------------Young persons (under 18 years of age) : ---------- -------------M etal and machine industries. . . . Building .- ______ ______ _ ---------- - - -- -----Textiles____ . ---------Stone and earth products...............................----------------------- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13411 F rancs F rancs 8. 85 7. 60 7. 61 7.41 7.89 16. 65 16. 22 15. 36 14. 65 18. 58 188 213 202 198 235 116 131 125 122 145 6. 36 6. 20 5. 58 6. 78 5. 86 4. 78 6.19 6. 35 12. 58 13. 23 11. 90 12. 72 13. 54 10.69 13. 79 16.04 198 213 213 188 231 224 223 253 122 131 131 116 143 138 138 156 4. 88 4. 75 4. 29 4.41 4. 59 5. 30 5. 28 5.09 4. 57 9.90 10.10 9.00 9. 42 10. 43 10. 95 11.04 9. 27 8. 77 203 213 211 214 227 207 209 182 192 125 131 130 132 140 128 129 112 119 3.18 3.83 2. 63 6.83 7.42 5.88 215 194 224 133 120 138 2. 78 3.88 2. 60 3. 26 4.90 7. 43 4. 60 5. 48 176 191 177 168 109 118 109 104 TREND OF EMPLOYMENT Employment in Selected Manufacturing Industries in December, 1927 MPLOYMENT in manufacturing industries decreased nine-tenths of 1 per cent in December as compared with November, while pay-roll totals increased 1.7 per cent. The level of employment in December, 1927, was 6.4 per cent below the level of employment in December, 1926, and pay-roll totals were 6.6 per cent lower in December, 1927, than in December, 1926. The Bureau of Labor Statistics’ weighted index of employment for December, 1927, is 85.1, as compared with 85.9 for November, 1927, 87.6 for October, 1927, and 90.9 for December, 1926; the weighted index of pay-roll totals for December, 1927, is 89.3, as compared with 87.8 for November, 1927, 91.2 for October, 1927, and 95.6 for December, 1926. The report for December, 1927, is based on reports from 10,607 establishments in 54 of the chief manufacturing industries of the United States. These establishments in December had 2,922,922 employees whose combined earnings in one week were $77,975,546. E C o m p a r iso n o f E m p lo y m e n t a n d P a y -R o ll T o ta ls in D e c e m b e r a n d N o v e m b e r, 1927 CEVENTEEN of the 54 separate industries had more employees in December than in November and 33 industries reported increased pay-roll totals. Agricultural-implement factories increased their employees nearly 7 per cent; automobile plants increased 4.3 per cent; rubber-boot factories increased 4.4 per cent; the slaughtering and meat-packing, silk-goods, carpet, pottery, and rubber-tire industries each gained in the neighborhood of 2.5 per cent in employment. The increases in each of the remaining 9 industries were between 1.7 per cent and less than one-tenth of 1 per cent. The increases in pay-roll totals, in December as compared with November, in general were considerably greater than in employ ment for example, the pay rolls of the agricultural-implement and the rubber-tire industries were each over 10 per cent higher in December than in November, automobile-plant pay rolls were 8.7 per cent higher, and silk-goods mills reported an increase of 6.8 per cent. Men’s clothing and cast-iron pipe with very small increases in employment reported increases in pay-roll totals of 6.8 and 5.7 per cent, respectively, while several industries, such as iron and steel, boots and shoes, and chemicals coupled decreased employment with increased pay-roll totals. 130 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [342] 131 EMPLOYMENT IN MANUFACTURING INDUSTRIES The outstanding decreases both in employment and pay-roll totals were for the greater part seasonal, the industries most affected being cement, brick, steam fittings, stoves, sawmills, furniture, paper boxes, glass, ice cream, sugar refining, and cigars and cigarettes. The contrasting increases of considerable size in pay-roll totals and smaller decreases in employment are clearly illustrated by the changes in the totals of the 12 groups of industries. Eight groups show larger pay rolls, ranging from an increase of 8 per cent in the group of miscellaneous industries to 1.3 per cent in the chemical group, while only 3 groups show increased employment—paper, 0.3 per cent, vehicle, 0.9 per cent, and miscellaneous, 0.8 per cent. The lumber, stone-clay-glass, tobacco, and food groups reported decreases in both items. The East Central divisions—both North and South—alone of the 9 geographic divisions show increases in December as compared with November both in employment and pay-roll totals; the outstanding decreases were in the Pacific and Mountain divisions. T able 1.—C O M PARISON OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN ID E N T IC A L E ST A E L iSH M E N T S D U R IN G ONE W E E K E A C n IN N O V E M B E R A N D D E C E M B E R , Number on pay roll Industry Estab lish ments Novem ber, 1927 Amount of pay roll Per Per cent cent Decem of of ber, change November, December, change 1927 1927 1927 Food an d kindred p r o d u cts__ Slaughtering and meat pack ing— Confectionery______________ Ice cream__________________ Flour______________________ Baking____________________ Sugar refining, cane_________ 1, 609 228,012 225,956 (') 186 301 195 320 593 14 84, 967 39,611 8,782 16,034 68,361 10, 257 86,885 38,123 8,429 15, 660 67, 213 9, 646 + 2 .3 - 3 .8 - 4 .0 - 2 .3 - 1 .7 -6 .0 Textiles a n d th eir p r o d u c ts___ Cotton goods_______________ Hosiery and knit goods______ Silk goods__________________ Woolen and worsted goods__ Carpets and rugs__________ _ Dyeing and finishing textiles Clothing, m en’s__ ____ _____ Shirts and collars___________ Clothing, women’s _________ M illinery and lace goods____ 1,863 605,340 0) - 1 .9 -1 . 7 +2.1 - 0 .7 +2. 4 - 0 .3 + (2) - 0 .6 + 0 .5 + 1 .3 11,964,498 12,171,904 17,604,106 17,861,759 ir o n an d steel a n d th eir prod u c ts _________________________ Iron and steel______________ Cast-iron pipe______________ Structural ironwork_________ Foundry and machine-shop products_________________ Hardware__________________ Machine tools______________ Steam fittings and steam and hot-water heating apparatus. Stoves_____________________ L u m b er a n d its p r o d u cts_____ Lumber, sawm ills__________ Lumber, millwork__________ Furniture__________________ L eather a n d its p r o d u cts_____ Leather____________________ Boots and shoes____________ I 454 245 196 187 28 99 281 94 206 73 1,762 609,913 234, 200 83,610 54, 566 65, 227 23, 825 32,879 61, 781 20, 754 22,066 11,005 618,315 611,075 204 42 153 252, 248 12, 537 23, 269 248, 554 12, 596 23,064 0) - 1 .5 + 0.5 - 0 .9 950 71 149 219,170 31,747 27,809 218, 811 31, 644 27,793 107 86 36,164 15, 371 34,146 14,467 1,136 216,688 208,836 449 264 423 351 123 228 li7 ,817 31, 658 67, 214 116,620 27, 002 89, 618 Footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 229, 747 82,150 55, 724 64, 801 24,400 32, 771 61, 799 20, 625 22,172 11,151 [3 4 3 ] li2, 774 31,214 64,848 114,177 26, 974 87,203 $5,804,215 $5,797, 794 2,197,558 735,461 290,495 433, 685 1,844, 620 302, 396 3,782, 547 1, 628, 584 1,136, 230 1,458, 587 633,939 803, 308 1,376,397 345,134 553,193 246,579 3, 740,333 1,622,019 1,213, 754 1,474, 739 670, 206 811,776 1,469, 461 346, 606 568, 618 254,392 7, 344, 692 274, 939 675, 666 7,413, 703 290, 742 702,001 - 0 .3 - 0 .1 6,268, 229 779,393 852, 681 6,435,068 786, 229 869,560 - 5 .6 - 5 .9 981,067 427,439 960,402 404,054 4,894,200 0 - 4 .3 2,465, 651 - 1 .4 760, 374 - 3 . 5 J 1, 668,175 2,333,342 754,483 1,610,141 2,450,845 2.489,500 -0 .2 0 - 0 .1 - 2 .7 (9 2, 265, 723 739,419 279, 783 426, 596 1,799,827 286,446 4,697,966 667,493 688,048 1,789,352 1 1,801,452 +3.1 + 0.5 -3 .7 1.6 - - 2 .4 - 5 .3 1.1 - - 0 .4 +6.8 + 1.1 + 5 .7 + 1.1 + 6.8 + 0 .4 +2.8 + 3 .2 (') +0.9 +5.7 +3.9 +2.7 + 0.9 + 2.0 - 2.1 -5.5 -5.4 - 0.8 -3.5 (') +3.1 +0.7 132 MONTHLY LABOR R EV IEW T a b l e 1.— COM PA R ISO N OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN ID E N T IC A L E ST A B L ISH M E N T S D U R IN G ONE W E E K E A CH IN N O V E M B E R A N D D E C E M B E R , 1927—Continued Amount of pay roll Per Per cent cent of Decem of December, change ber, change November, 1927 1927 1927 Number on pay roll Estab lish Novem ments ber, 1927 Industry Paper and printing ___________ 901 178,880 179,153 Paper and pulp _ ______ . Paper boxes______ __________ Printing, book and job _ Printing, newspapers___ 212 172 308 209 57,851 20,813 50,906 49,310 57,305 20,168 51, 739 49,941 Chemicals and allied products. 357 88,726 87,535 Chemicals . . . Fertilizers. . . . Petroleum refining ________ 129 171 57 33, 050 10,485 45,191 32,476 10,447 44, 612 Stone, clay, and glass products 659 110,906 105,526 Cement ________________ Brick, tile, and terra cotta . . Pottery _________ . . . G lass..-------------- ---------------- 99 386 63 111 25, 386 32, 574 13, 734 39, 212 23, 661 30, 502 14, 127 37, 236 Metal products, other than iron and steel___ ____ 224 49,932 49,579 70 19, 600 154 Tobacco products. 171 Chewing and smoking tobac co and snuff . .. .. . Cigars and cigarettes--------. . 29 142 8, 386 39, 234 8,325 37, 026 Vehicles for land transporta ____ tion___ 1,173 Stamped and enameled w are.. Brass, bronze, and copper products________ ______ _ _______ Automobiles . ________ Carriages and wagons. ---Car building and repairing, electric-railroad. _. . Car building and repairing, steam-railroad____________ Miscellaneous industries____ Agricultural implements Electrical machinery, appa ratus, and supplies. _____ ____ Pianos and organs Rubber boots and shoes_____ Automobile tires Shipbuilding, steel ________ All industries ............ . $5,834,361 0 - 0 .9 1, 522, 216 475, 718 -3 . 1 1, 795, 869 + 1.6 + 1.3 2, 040, 558 $5,955,593 0 -1 . 7 - 0 .4 - 1 .3 2,575,380 2,591,779 899, 706 199,497 1,476,177 922, 484 204, 373 1,464, 922 0) - 6 .8 - 6 .4 + 2.9 -5 .0 2,900,304 2,764,835 745, 203 825, 680 363,512 965,909 683,855 765, 093 381,186 934, 701 0 - 2 .0 1,320,668 1,337,790 19, 211 30, 332 30, 368 +0.1 47,620 45,351 495,130 1, 535,352 458, 569 1,879, 356 2, 082, 316 474,683 0 + 0.9 - 3 .6 + 4 .6 + 2 .0 0 +2. 5 + 2.4 - 0 .8 0) -8 . 2 - 7 .3 + 4.9 -3 .2 0 - 4 .1 825, 538 863,107 + 4 .6 828,107 799,937 0 - 0 .7 - 5 .6 127,402 700, 705 131, 031 668, 906 + 2.8 - 4 .5 13,473,458 14,143,550 8, 692, 944 37, 706 9,447,432 37, 573 0 + 8.7 - 0 .4 0 432,836 441,999 200 61 274, 757 1,745 286, 520 1, 774 (') + 4.3 + 1 .7 378 24, 825 24, 708 - 0 .5 774, 992 785, 593 -[■I. 4 131, 509 128,997 - 1 .9 3,967,816 3, 872, 952 - 2 .4 401 247,583 248,395 7,363,139 92 24,317 26,006 0 + 6 .9 6,983,641 687, 202 758, 602 (0 +10.4 168 39 10 55 37 120, 818 7, 787 19,197 49, 749 25, 715 117, 767 7,494 20, 037 50, 980 26,111 - 2 .5 - 3 .8 + 4.4 +2. 5 + 1 .5 3,395,746 236,108 491, 557 1,428, 839 744,189 3,472,885 234, 323 501,145 1, 572, 928 823, 256 + 2.3 - 0 .8 + 2.0 + 10.1 +10.6 76,639,783 77,975,546 0 $9, 606, 268 23, 018, 293 27,131,494 3, 793, 916 5,196,149 2,065,463 +0. 1 1, 794, 585 -1 . 6 752, 338 -4 . 2 3, 281, 277 - 3 .2 $9, 678, 092 23, 252, 639 28, 256, 562 3, 756, 050 5, 203, 970 2, 093, 274 1, 798, Oil 693,195 3, 243, 753 + 0 .7 + 1 .0 76,639,783 77,975,546 0 534 10,607 2,946,032 2,922,922 R e c a p itu la tio n b y G e o g r a p h ic 0 D iv is io n s GEOGRAPHIC DIVISION N ew England _ ______________ Middle A tlantic. ______________ East North Central _________ West North Central _______ South Atlantic . . . _______ East South Central ------ --------West South Central_______ . . M ountain. __________________ P acific------------------- --------------- All divisions... . ... . . . . 1,359 2,493 2,855 983 1,117 505 442 186 667 403,440 830, 708 938,512 153,139 279, 261 111,027 85,137 27, 288 117, 520 395, 313 819, 030 946, 602 150,465 276, 685 111, 104 83, 800 26,137 113, 786 10,607 2,946,032 2,922,922 -2 .0 - 1 .4 + 0 .9 -1 . 7 - 0 .9 0 + 4.1 - 1 .0 +0. 2 + 1.3 + 0 .2 - 7 .9 - 1 .1 1 The per cent of change has not been computed for the reason that the figures in the preceding columns are unweighted and refer only to the establishments reporting; for the weighted per cent of change, wherein proper allowance is made for the relative importance of the several industries, so that the figures may represent all establishments of the country in the industries here represented, see Table 2. a Less than one-tenth of 1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [344] 133 E M P L O Y M E N T IN M A N U F A C T U R IN G IN D U S T R IE S T a b l e s — PE R C ENTS OP C H A N G E, N O V E M B E R TO D E C E M B E R , 1927—12 GROUPS OF IN D U S T R IE S A N D TO TAL OF ALL IN D U S T R IE S [Computed from the index numbers of each group, which are obtained by weighting the index numbers of the several industries of the group, by the number of employees, or wages paid, in the industries] Per cent of change, November, 1927, to December, 1927 Per cent of change, November, 1927, to December, 1927 Group Group Number on pay roll Food and kindred products... Textiles and their products. Iron and steel and their products___________ Lumber and its products____ Leather and its p ro d u cts___ Paper and printing Chemicals and allied products Stone, clay, and glass products Amount of pay roll - 1 .1 - 0 .6 - 0 .2 + 1 .9 —1 1 - 3 .9 - 2 .0 + 0 .3 - 1 .4 - 4 .5 + 1 .5 - 4 .5 + 1 .6 + 2 .0 +M - 4 .0 Metal products, other than iron and steel.. . . Tobacco products. ___ Vehicles for land transporta tion _ _ Miscellaneous industries____ All industries____ Number on pay roll Amount of pay roll —0. 6 - 5 .2 + 2.4 - 3 .7 + 0.9 + 0.8 +2.3 + 8.0 -0.9 +1.7 C o m p a r iso n o f E m p lo y m e n t a n d P a y -R o ll T o ta ls in D e c e m b e r , 1927, a n d D e c e m b e r , 1926 '"THE level of employment in manufacturing industries in December 1927, was 6.4 per cent below the level of employment in Decem ber, 1926, and pay-roll totals were 6.6 per cent lower. Comparing conditions in December, 1927, with December, 1926, each of the 12 groups of industries shows a decrease in employment and all except the paper group decreases in pay-roll totals over the 12-month period. The outstanding decreases were 11.2 per cent in employment and 14 per cent in pay-roll totals, both in the iron and steel group. The smallest decreases in both items were in the food and the textile groups, ranging from 0.6 to 1.5 per cent. The notable increases in separate industries were 1 per cent in employment and 14.7 per cent in pay-roll total in the automobile industry and 11.8 and 8 per cent in the rubber-boot and shoe indus try. Agricultural implements, baking, sugar refining, dyeing and finishing textiles, shirts and collars, women’s clothing, newspaper printing, carriages and wagons, and chewing tobacco also show con siderable improvement. The pronounced decreases in employment over this 12-month period were 18.6 per cent in shipbuilding, 16.8 per cent in petroleum refining, 13.1 per cent in machine tools, 12.7 per cent in stoves, 12.5 per cent in steam-railroad car building and repairing and pianos, 12.2 per cent in foundry and machine-shop products, 11.8 per cent in cast-iron pipe, 10.6 per cent in iron and steel and sawmills, and 10.5 per cent in millwork. Each geographic division showed a falling off in employment from December, 1926, to December, 1927, the greatest decrease being in the West South Central, Middle Atlantic, and New England divi sions, and much the smallest decrease being in the South Atlantic States. The East North Central division, which showed a decrease of 2.8 per cent in employment, showed an increase of 0.2 per cent in pay roll totals, while each of the remaining 8 divisions showed decreased pay-roll totals ranging from 1 per cent to 11.1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [345] 134 T M O N T H L Y L A B O R R E V IE W able 3 — C O M PARISON OF E M P L O Y M E N T A N D PAY-ROLL TOTALS, D E C E M B E R , 1927, W ITH D E C E M B E R , 1926 [The per cents of change for each of the 12 groups of industries and for the total of all industries are weighted in the same manner as are the per cents of change in Table 2] Per cent of change, Decem ber, 1927, com pared with D e cember, 1926 Industry- Per cent of change, Decem ber, 1927, com pared w ith D e cember, 1926 Industry N um Amount of ber on pay roll pay roll N um Amount of ber on pay roll pay roll Chemicals and allied prod ucts ___ . ---- Food a n d k in dred p ro d u cts. Slaughtering and meat packing________________ Confectionery-----------------Ice cream................................ Flour_____ ______________ Baking _________________ Sugar refining, cane........... . - 0 .6 - 0 .6 - 2 .4 - 1 .1 - 5 .3 - 0 .8 + 1 .7 + 5.1 - 2 .4 - 1 .6 - 3 .9 +3. 1 + 0 .8 + 1 .4 Stone, clay, and glass products.. __ - --------- Textiles a n d th eir p rod u cts. Cotton goods_____________ Hosiery and knit goods----Silk goods-----------------------Woolen and worsted goods. Carpets and rugs-------------Dyeing and finishing tex tiles___________________ Clothing, men’s . .......... ........ Shirts and collars_________ Clothing, women’s_______ Millinery and lace goods__ - 1 .3 + 0 .7 - 1 .0 - 1 .7 - 6 .2 + 0 .5 - 1 .5 - 0 .7 + 2.0 + 1.5 - 7 .6 - 2 .1 Metal products, other than . . . iron and steel___ + 2 .0 - 6 .0 + 0.7 +1.1 - 2 .3 + 2 .4 - 9 .4 + 3.5 + 2 .8 - 2 .4 Tobacco products.. . . . . . -1 1 .3 -1 0 .6 -1 1 .8 - 8 .0 -1 4 .0 -1 4 .2 -1 3 .3 - 7 .9 -1 2 . 2 - 5 .9 -1 3 .1 -1 4 .7 - 9 .3 -1 3 .9 Automobiles ._ ---------Carriages and wagons_____ Car building and repairing, electric-railroad________ Car building and repairing, steam-railroad____ ____ - 7 .9 -1 2 .7 -1 0 .5 -1 5 .6 Miscellaneous industries___ Iron a n d steel a n d th eir p ro d u cts_________________ Iron and steel_____ _____ Cast-iron pipe____________ Structural ironwork---------Foundry and machine-shop products_______________ Hardware_______ ________ Machine tools____________ Steam fittings and steam and hot-water heating apparatus_____________ Stoves______________ ____ Chewing and smoking to bacco and snuff _____ Cigars and cigarettes.......... - 8 .7 - 8 .5 —11 7 - 7 .3 L eather a n d its p r o d u cts. _ Leather_________________ Boots and shoes_________ - 8 .1 - 3 .9 - 9 .5 -1 1 .0 - 3 .9 -1 4 .4 Paper a n d p r in tin g -----------Paper and pulp........... ......... Paper boxes_________ _ Printing, book and job___ Printing, newspapers......... - 0 .7 - 2 .2 - 3 .3 - 0 .9 + 1.9 + 0.6 - 2 .8 - 0 .7 + 0.8 + 3 .4 b y IVTirliile Atlantic North Central West North Central__________ Smith Atlantic East South Central https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Agricultural implements___ Electrical machinery, apparatus, and supplies___ Pianos and organs. ______ Rubber boots and shoes___ Automobile tires____ ___ Shipbuilding, steel_______ A ll industries ____ + 2 .7 - 2 .7 - 1.8 +14.7 + 3 .3 -1 0 .5 - 9.0 + 1.1 + 1.8 - 7 .1 -1 2 .5 - 6.8 -1 4 .6 +11.8 + 8.0 - 2.2 -1 8 .6 - 1.0 -1 4 .1 - 6.1 -G .6 1 G e o g r a p h ic D iv is io n s GEOGRAPHIC DIVISION—COntd. GEOGRAPHIC DIVISION N ew E n g lan d + 2 .7 - 2 .7 Vehicles for land transportation _______________ ____ _ -1 0 .6 -1 0 .5 - 5 .9 R e c a p itu la tio n Cement __ . . . . -Brick, tile, and terra cotta.. Pottery__________________ Glass ---------- ------------------- Stamped and enameled ware____ ___________ Brass, bronze, and copper products........... .................... L u m b er a n d its p r o d u c ts.. Lumber, saw m ills._______ Lumber, millwork_______ Furniture............................... -9 .5 Chemicals_________ ______ Fertilizers.. . . ----------Petroleum refining............ -7 . 6 -8 . 4 —2. 8 - 5 .0 - 1 .4 - 5 .4 -8 . 1 -9 . 7 + 0 .2 -4 . 4 - 4 .4 - 8 .3 West South Central________ M ountain.. _______ ____ Pacific______ _______ [346] All d iv is io n s ._ . . _ ____ - 9 .1 - 6 .9 - 3 .4 - 7 .9 -1 1 .1 - 1 .0 - 6 .4 -6 .6 135 EMPLOYMENT IN MANUFACTURING IN DU STRIES P er C a p ita E a r n in g s earnings in December, 1927, for the 54 industries PER,combined were 2.6 per cent higher than in November, 1927, C A P ITA and 0.3 per cent lower than in December, 1926. Increases in per capita earnings in December, 1927, as compared with November, 1927, are shown in 45 industries, 11 of the increases being between 4 and 9 per cent. The shipbuilding industry leads among these 11 with an increase of 8.9 per cent, followed by rubber tires with 7.4 per cent, men’s clothing with 6.7 per cent, cast-iron pipe with 5.2 per cent, and electrical machinery with 4.9 per cent; the automobile industry shows an increase of 4.2 per cent. Employees in 22 industries were averaging greater earnings in December, 1927, than in December, 1926. The automobile indus try shows an increase in per capita earnings of 13.6 per cent, ship building an increase of 5.4 per cent, flour an increase of 4.2 per cent, while silk goods, hosiery, shirts, and chemicals show increases of over 3 per cent each. T able 4 —C O M PA R ISO N OF P E R C A PITA E A R N IN G S D E C E M B E R , B E R , 1927, A N D D E C E M B E R , 1926 Industry Industry Shipbuilding __ ______ - -----Automobile tires_____ _______ . . Clothing, men’s , . . . ______ . Cast-iron p ip e,. ___ ____ Electrical machinery, apparatus, and supplies________ _______ Structural ironwork,. ________ Silk goods_______ ____ _ ____ Confectionery, . ------- ---------Brass, bronze, and copper prod ucts _________ ________ Chemicals-------------------------------A utom obiles_________________ Steam fittings and steam and hotwater heating a pp aratus.____ Chewing and smoking tobacco and snuff____________________ Boots and shoes. . , , ------------Agricultural implements___ ____ Carpets and rugs---------------------L eather., ------- -------------- -----Pianos and organs. . ---- -------Printing, book and job. . -------Fertilizers. . . --------- ---------. . . Foundry and machine-shop products _ _________________ ____ Iron and steel. ------- . -----Clothing, women’s --------------Machine tools. _____ Car building and repairing, elec tric-railroad________________ i No change. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W ITH N O V E M Per cent of change De cember, 1927, compared with— Per cent of change D e cember, 1927, compared with— No vem ber, 1927 1927, N o vem ber, 1927 D e cem ber, 1926 + 8 .9 +7.4 + 6 .7 + 5 .2 + 5 .4 + 1 .2 - 3 .7 - 1 .6 + 4 .9 + 4 .8 + 4 .6 + 4 .5 + 0.1 + 0 .2 + 3 .3 - 0 .4 + 4 .4 + 4 .4 + 4 .2 - 1 .3 + 3 .9 +13.6 + 3 .7 - 3 .1 + 3 .6 + 3 .5 + 3 .2 + 3 .2 + 3 .2 +3.1 + 2 .9 + 2 .8 - 0 .1 - 5 .4 + 0 .3 - 2 .5 0) - 2 .4 + 1 .8 - 0 .6 + 2 .8 +2.4 +2.3 +2.1 - 3 .1 - 4 .0 + 1 .7 - 0 .8 + 1 .9 + 1.3 Glass _________________________ Pottery . _. ____ _______ Millinery and lace goods___ ___ Paper and pulp________ ______ Woolen and worsted goods__ Dyeing and finishing textiles. _. _ Hosiery and knit goods-------------Cigars and cigarettes. _____ . Hardware . . . . . --------------Shirts and collars_______________ Slaughtering and meat packing. __ Cotton goods__________________ Printing, newspapers--------- . . . Flour ___ _____ Sugar refining, cane_______ . . . . Lumber, m illw ork_____ . . . Petroleum refining__________ Stoves ___ ___ _ _______ Ice cream------ --------- . . . . ----Furniture . . . ----------- . ----Car building and repairing, steam-railroad ______________ Paper boxes. --------------------- . . Baking_____ _______ _ _ Brick, tile, and terra cotta--------Lumber, sawmills . --------Cement . . ------------Carriages and wagons ---------- . Stamped and enameled ware___ Rubber boots and shoes______ _ 2 Less than one-tenth of 1 per cent. [347] D e cem ber, 1926 + 1.9 + 1.9 + 1.8 + 1.8 + 1.8 + 1.4 + 1.3 + 1.2 + 1 .2 +1.1 + 0 .9 + 0 .8 + 0.8 + 0.7 + 0 .7 + 0.6 + 0.5 + 0.4 +0.3 (2) - 1 .8 +0.1 - 0 .2 - 0 .8 - 1 .4 + 0.3 +3.1 + 0.3 —3. 5 + 3.1 - 0 .1 - 1 .3 + 1 .6 + 4 .2 - 3 .4 - 1 .3 + 0.7 - 3 .3 + 1 .5 - 1 .4 - 0 .5 - 0 .5 - 0 .7 - 1 .1 - 1 .1 - 1 .5 - 2 .0 - 2 .2 - 2 .3 - 0 .2 + 2.5 - 0 .9 - 4 .0 + 2.1 - 0 .4 - 4 .2 C1) - 3 .4 136 MONTHLY LABOR R EV IEW W age C h a n g e s ■"TEN establishments in 8 industries reported increases in wage rates 1 during the month ended December 15, 1927. These increases averaged 7.9 per cent and affected 318 employees, or 8 per cent of the total employees in the establishments concerned. Twenty-six establishments in 13 industries reported decreases in wage rates during the same period. These decreases averaged 10.2 per cent and affected 9,234 employees, or 86 per cent of the total em ployees in the establishments concerned. The only significant increases or decreases reported in this period were the decreases of 10 per cent each reported by 9 cotton-goods establishments, which affected 7,291 employees, or 94 per cent of the total employees in those establishments. T a b l e 5 .—WAGE A D JU ST M E N T S OCC U R R IN G B E T W E E N N O V E M B E R 15 A N D D E C E M B E R 15, 1927 Establishments Per cent of increase or decrease in wage rates Employees affected Per cent of employees Industry Number report Total ing in num ber re crease or porting decrease in wage rates Range Average Total number In estab lishments In all reporting establish increase or ments re decrease in porting wage rates Increases Foundry and machine-shop products ___________ . __ Hardware^ ______________ . Machine tools. ______________ Printing, newspapers.. _ _____ Chemicals.. . . . ____ Brick, tile, and terra cotta_____ Glass_______ _____ ______ __ Electrical machinery, apparatus, and supplies___________ 950 71 149 209 129 386 111 168 1 1 1 2 1 1 5 .0 8 .0 5 .6 1 1 .0 5. 0 -1 0 . 0 5. 0 -1 0 . 0 9 .0 5 .0 8 .0 5 .6 1 1 .0 8 .4 7 .5 9 .0 8 50 9 21 111 45 41 10 8 27 13 6 98 5 1 5 .0 5 .0 33 8 2 (i) (i) (i) (i) 0) (!) (1) 0 Decreases Slaughtering and meat packing. Baking. __ ____________ Cotton goods_________________ Clothing, men’s . ____________ Structural ironwork__________ Foundry and machine-shop products_________________ _ Lumber, millwork ______ Paper and pulp ________ Brick, tile, and terra cotta . . . Glass_____ _ ___________ . . . Cigars and cigarettes. ____ Car building and repairing, electric-railroad____ . Automobile tires_____________ 186 593 454 281 153 1 1 9 1 1 2 0 .0 5 .0 1 0 .0 5 .0 1 0 .0 2 0 .0 5 .0 1 0 .0 5 .0 1 0 .0 50 21 7 ,2 9 1 34 150 75 84 94 52 950 264 212 386 111 142 2 1 1 3 3 1 5 .0 - 1 0 . 0 2 0 .0 1 0 .0 5. 0 -1 0 . 0 8. 5 -1 5 . 0 1 0 .0 9 .5 2 0 .0 10. 0 8 .6 12. 2 1 0 .0 95 20 66 346 1, 040 34 27 37 50 90 96 ( i; 0 0) 22 0) 1 1 5 .0 5 .0 5 .0 5 .0 39 48 100 13 (0 0 378 55 1 Less than one-half of 1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [348] 68 (0 (!) 3 0 1 1 3 137 EMPLOYMENT IN MANUFACTURING IN DU STRIES In d e x e s o f E m p lo y m e n t a n d P a y -r o ll T o ta ls in M a n u fa c tu r in g I n d u s tr ie s Table 6 shows the general index of employment in manufacturing industries and the general index of pay-roll totals from January, 1923, to December, 1927. T a b l e 6 . — G E N E R A L IN D E X E S OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S JA N U A R Y , 1923, TO D E C E M B E R , 1927 [M onthly average, 1923=100] Pay-roll totals Employment Month 1923 1924 1925 1926 1927 1923 1924 1925 1926 1927 January____ ______ February _______ March____________ April___________ __ M ay__________ June __________ July August_____ _____ Septem ber... _ . . . O ctober_______ N ovem ber________ December_________ 98.0 99.6 101.8 101.8 101.8 101. 9 100. 4 99.7 99.8 99.3 98.7 96.9 95.4 96.6 96.4 94.5 90.8 87. 9 84. 8 85.0 86.7 87.9 87.8 89.4 90.0 91.6 92.3 92. 1 90.9 90. 1 89. 3 89.9 90.9 92.3 92.5 92.6 92.3 93.3 93.7 92.8 91.7 91. 3 89. 8 90.7 92. 2 92.5 91.4 90.9 89.4 91.0 91.4 90.6 89.7 89. 1 87. 3 87.4 88.0 87.6 85.9 85.1 91.8 95.2 100.3 101. 3 104.8 104.7 99.9 99.3 100.0 102.3 101.0 98.9 94.5 99.4 99.0 96.9 92.4 87. 0 80.8 83.5 86.0 88.5 87.6 91.7 90.0 95. 1 96.6 94.2 94.4 91.7 89.6 91.4 90.4 96.2 96.2 97.3 93.9 97.9 99. 1 97.2 95.6 95.5 91. 2 94.6 95.1 98.6 95.4 95. 6 90.9 96.4 97.7 96.6 95.6 93.3 89.1 91.0 90.1 91.2 87.8 89.3 A verage.......... 100.0 90.3 91.3 91.9 88.5 100.0 90.6 93.6 95.8 93.4 Index numbers of employment and pay-roll totals for each of the 54 manufacturing industries surveyed by the Bureau of Labor Sta tistics and for each of the 12 groups of industries, and also general in dexes for the combined 12 groups of industries, are shown in Table 7 for each month of 1927, together with average indexes for the years 1923, 1924, 1925, 1926, and 1927. This is in continuation of the tab ulations presented in the Labor Review for August, 1925, and Feb ruary, 1927, which recorded data, by months, from July, 1922, to December, 1926. In computing the general index and the group indexes the index numbers of separate industries are weighted according to the impor tance of the industries. Following Table 7 is a series of graphs, made from index numbers, showing clearly the course of employment for each month of 1927 as compared with the corresponding month of 1926. The first chart represents the 54 separate industries combined and shows the course of pay-roll totals as well as the course of employment, and following this presentation are charts showing the trend of employment through the two years in each separate industry. For all of the basic data for these 55 charts the monthly average index for the year 1923 equals 100. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [349] 138 T MONTHLY LABOR REV IEW 7 . — IN D E X E S OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S —JA N U A R Y TO D E C E M B E R , 1927, A N D Y E A R L Y A V ER A G ES, 1923, 1924, 1925, 1926, A N D 1927 [M onthly average, 1923=100] able Food a n d k in dred produ cts G eneral in d ex M onth and year Em ploy ment 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar____ Apr. _ M a y .. . . J u n e ___ July____ Aug------Sept____ Oct_____ N ov____ D ec_____ Pay roll totals 100.0 90.3 91.2 91.9 88.5 89.4 91.0 91.4 90.6 89.7 89.1 87.3 87.4 88.0 87.6 85.9 85.1 100.0 90.6 93.6 95.8 92.4 90.9 96.4 97.7 96.6 95.6 93.3 89.1 91.0 90.1 91.2 87.8 89.3 G roup ind ex Slaughtering and meat packing Confectionery Em ploy ment Em ploy ment Em ploy ment 100.0 95.6 90.9 89.8 89.3 88.5 88.1 87.2 86.0 86.6 90.7 89.9 89.1 92.1 92.6 90.9 89.9 Pay roll totals 100.0 97.9 93.7 93.8 93.8 92.7 92.1 91.0 90.0 92. 7 96.4 95.5 93.7 95.9 96.3 94.8 94.6 100.0 93.7 85.0 81.4 81.0 84.4 82.7 79.2 77.5 78.4 83.6 83.6 80.2 80.1 79.6 80.5 82.4 Pay roll totals 100.0 94.4 86. 7 84.5 84.4 87.7 84.0 80.6 80.0 83.1 87.6 88.2 83. 7 83.8 82.9 84.2 86.8 Food a n d kin dred p ro d u cts—Continued Flour 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar____ Apr M ay._ June____ July____ Aug------Sept___ _ Oct_____ N ov____ Dec_____ 100.0 94.7 90.4 87.6 87.0 86.1 85.8 85.5 82.4 84. 3 85.3 87.6 88. 6 90. 9 91.2 89. 3 87.2 Sugar refining, cane Baking 100.0 97.6 92. 5 90.2 89.7 87.9 87.4 86.4 83. 5 8 7 .4 88. 9 88. 5 90. 5 92. 5 97.7 93. 5 92.0 100.0 101.3 99. 5 100/8 102.2 98.7 100.0 101.1 101.0 100. 5 104.8 103.0 102. 1 104. 7 105.6 103. 6 101.8 100.0 103.8 102.4 105.5 107.8 103. 5 106.2 107.1 106.5 107.4 110.4 108.7 107.4 110.1 110.8 109. 1 106.4 100.0 97.9 97.8 93.6 92.5 83.1 84.3 89.9 93.0 96.4 98.7 100.0 98. 7 95. 1 95.9 90. 1 84.7 100.0 100.8 100.0 95.6 94.4 83.6 87.7 91.5 94.5 100.8 104.4 101.0 100. 2 95. 2 97.3 90.9 86.1 100.0 88.7 84.4 86.0 83.0 83.0 81.4 79.3 75.9 75.0 77.5 73.1 77.9 93.1 97.5 93.0 89.5 Pay roll totals 100.0 93.4 90.1 93.5 91.5 91.5 90.6 89.0 82. 2 84.4 87.6 80.7 85.6 101.1 104.5 100.1 100.6 Ice cream Em ploy ment 100.0 96.5 97.5 96.2 90.4 80.3 80.9 83.4 87.9 95.8 103.5 107.6 104.2 95.7 86.7 81.2 78.0 Pay roll totals 100.0 97.2 102.6 104.4 97.5 83.1 86.0 90.1 95.1 102.8 110.7 110.6 111.9 104.4 94.0 87.7 84.5 Textiles a n d th eir p rod u cts G roup index 100.0 88.2 89.3 86.1 87.2 88.1 89.7 89. 7 88.3 86.8 86.0 84.2 85.3 86.9 87.6 87. 1 86.6 100.0 86.8 89.5 85.9 88.5 88.8 94.0 94. 0 88.9 87. 0 86. 2 83. 5 86.5 88.6 90.2 86. 3 87.9 Cotton goods 100.0 83.0 84.0 83.1 87.3 86.2 87.4 87.8 87.6 87.3 87.6 87.2 86.6 87.5 87.9 87.9 86.2 100.0 80.7 81.9 81.0 87.9 85.9 89.0 90.4 89.1 88.8 88.5 86.1 86.8 88.1 89.3 87.0 86.0 T extiles a n d th eir p ro d u cts—Continued Ilosiery and knit goods 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Eeb_____ Mar____ Apr_____ M ay____ June____ July____ Aug------Sept____ Oct_____ N ov____ D ec.......... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100.0 90.7 98.1 97.9 96.9 97.7 98.3 98.2 98. 3 97.6 97.2 91.0 92.6 96.5 98.1 99.5 97.8 100.0 90.9 105.6 109.6 112.1 109.4 115.1 116.5 114. 8 115.7 112.0 98.9 104.7 108.3 117.0 116.3 115.9 Woolen and worsted goods Silk goods 100.0 94.3 103.3 100. 2 98.6 98.9 99.4 101.3 101. 2 100.3 97.8 96. 7 97.7 98.1 97.2 96.1 98.2 100.0 94.3 109.4 106.5 105.6 101.9 109.5 111.5 106.0 108.3 105.6 101.3 104. 7 104. 5 105.3 100.9 107.8 100.0 91.0 88.9 80.3 80.0 85.0 85.2 82.1 79.7 77.8 78.2 74.7 78. 1 78.9 79.8 80.7 80.1 [350]. 100.0 90.1 87.2 78.9 79.4 85.0 85.6 80. 7 77.4 76.5 77. 5 73.4 77.6 78. 6 80.4 79.6 80.5 Carpets and rugs 100.0 92.1 94.6 93.9 98.3 98. 2 98.4 98.4 97.8 96. 5 96.0 95.0 94. 3 94.2 94.0 95.4 97.7 100.0 86.4 91.8 90.8 94. 5 96. 6 99.4 99.1 95.0 96. 6 95. 2 88.3 93.2 90.8 90.5 92.1 97.4 Dyeing and finishing textiles 100.0 92.1 99.5 97.9 98.8 98.2 99.4 100.0 100. 1 98.3 97.2 95.3 96. 5 98.3 100.1 101.0 100.7 100.0 91.9 102.4 100.1 102.9 101.6 106.4 107.1 105.8 101.3 99.7 95.0 98.6 103.3 106.3 104.3 105.4 139 EM PLOYM ENT IN M ANUFACTURING IN D U ST R IE S T a b l e 7 .—IN D E X E S OP E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S—JA N U A R Y TO D E C E M B E R , 1927, A N D Y E A R L Y A V ER A G ES, 1923, 1924, 1925, 1926, A N D 1927—Continued [M onthly average, 1923=100] Iron and steel and their products Textiles and their products—Continued M onth and year Clothing, men’s Shirts and col lars Clothing, wom en’s Millinery and lace goods Group index Pay Employ Pay Pay Employ Pay Pay Employ roll to ment roll to Employ roll to Employ to ment roll to ment ment roll ment tals tals tals tals tals 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan ____ Feb_____ Mar_ Apr ___ M ay____ June.July____ Aug------Sept-- . . Oct_____ N ov ___ D ec_____ 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 90.1 86.9 84.3 82.5 83.8 86.7 85.1 79.6 78.5 82.5 82.7 84.8 83.9 83.1 79.5 79.6 86.4 82.4 77.9 75.8 78.9 84.1 81.4 67.4 67.4 77.3 79.3 81.0 78.6 75.4 67.0 71.5 84.6 86.9 84. 1 79.9 81.4 82.2 80.3 79.0 78.3 77.7 76.7 76.5 79.0 81.2 83.3 82.8 83.3 88.2 85.4 82.2 80.9 83.4 83.6 81.6 81.0 79.6 79.3 78.9 80.4 85.8 85.8 86.2 88.7 83.6 79.2 83.5 85.3 90.2 93.3 90.6 85.4 77.3 75.2 76.8 80.8 84.1 81.3 81.7 87.3 87.9 80.4 86.3 87.8 99.9 102.7 92.9 82.3 72.4 75.2 79.3 87.3 90.3 81.8 84.1 87.1 84.8 72.4 69.2 72.0 74.7 74.4 73.5 69.8 64.9 62.4 66.8 70.0 67.0 67.0 67.9 87.9 87.0 75.1 72.7 75.5 80.2 78.9 78.5 72.7 68.2 62.0 69.8 75.2 73. 1 68.1 70.3 100.0 86.3 87.3 92.0 85.7 88.1 89.8 90.3 89.4 88.1 86.9 85.1 84.4 84.0 82.6 80.6 79.7 100.0 86.6 90.6 97.2 89.3 90.9 96.4 97.8 96.4 93.5 91.8 81.6 87.1 84.7 84.4 81.6 82.8 Iron and steel and their products—Continued Iron and steel 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar____ Apr M ay____ J u n e.. . . July____ Aug------Sept____ Oct_____ N ov___ D ec_____ 100.0 93.5 95.9 97.9 91.0 93.0 94.4 95.6 95.3 94.4 92.3 90.4 89.3 88.7 87.6 86.0 84. 7 100.0 93.9 99. 1 102.8 93.9 94.9 100.9 104.0 104.9 99.2 97.0 86.3 90.5 88.2 88.3 86.1 86.9 Cast-iron pipe 100.0 104.1 101.3 106.0 95.2 97.2 96.6 99.4 99.8 101.7 99.9 98.1 95.6 91.5 88.8 86.8 87.3 100.0 105.4 103. 6 107.7 94.9 91.0 96.6 101.9 103.5 104. 1 99.9 100.6 97.4 92.5 87.2 79.5 84.1 Structural iron work 100.0 91.0 91.8 99.2 94. 1 94. 1 94. 1 93.5 94.2 94.5 95.7 95.5 97.1 96.0 93.1 91.4 90.6 100. 0 91.9 97.4 106.5 101.1 98.1 100.5 100.4 97.9 101. 9 105.0 101.3 108.0 100. 7 101. 7 97.1 100. 9 Iron and steel and their products—Continued Machine tools 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan ____ Feb_____ Mar____ Apr_____ M ay. J u n e.. .. July____ A ug------Sept- . . . Oct_____ N ov____ D ec_____ 100.0 83.6 87.5 101.9 94.6 102.8 102.0 100.7 98.8 96.2 95.1 92.3 82.6 92.1 91.9 90.3 90.2 100.0 84.7 94.4 113.1 104.3 113.2 112.7 112.1 107.8 107.1 105.5 98.5 91.2 101.3 101.0 99.8 101.8 82645°—28----- 10 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Steam fittings and steam and hot-water heat ing apparatus 100.0 95.4 96.8 96.8 89.6 87.9 91.9 90.9 91.0 89.9 90.6 91.1 91.5 93.0 90.7 85.5 80.7 100.0 97.3 99.3 102.0 93.7 90.9 99.3 98.1 96.2 96.0 96.4 92.7 97.6 96.7 95.4 83.6 81.8 [351] 100.0 80.6 80.7 86.7 81.3 84.2 86.2 86.3 .85.0 83.2 82.3 81.2 80.8 79.0 77.4 75.1 74.9 100.0 78.8 81.8 90.3 83.5 86.0 91.6 91.8 88.7 87.2 85.4 81.4 82.2 78.5 77.6 74.7 76.7 100.0 88.7 85.9 87.8 79.4 73.8 83.1 84.6 83.1 82.3 81.7 64.8 78.5 80.9 84.1 80.2 75.8 Hardware 100.0 91.9 91.4 88.2 81.3 83.9 84.7 84.9 84.1 82.9 82.0 79.4 76.8 80. 3 79.7 78.9 78.6 100.0 93.9 96.6 98.1 89.2 92.7 96.0 96.3 94.0 91.8 90.4 83.1 83.1 85.5 86.7 84.7 85.5 Lumber and its products Group index Stoves 100.0 86.3 84.1 86.0 78.4 74.8 80.0 82.1 80.4 80.8 80.5 67.3 76.9 80.6 82.1 80.2 75.4 Foundry and machine-shop products 100.0 94.8 93.1 90.8 83.4 84.0 83.2 82.9 82.8 83.8 84.0 83.7 84.5 85.1 84.5 83.0 79.8 100.0 97.3 98.1 97.7 91.0 87.1 89.3 90.6 89.5 92.7 92.7 89.4 92.5 93.7 94.5 92.1 88.0 Lumber, saw mills 100.0 93.9 90.0 86.9 79.1 79.1 78.1 77.9 78.3 80.4 80.7 80.4 100.0 96.5 95.5 93/9 86.7 81.9 83.7 85.2 84.2 89.5 90.1 86.7 80.9 88.7 81.2 79.8 78.0 74.6 90.3 90.0 87.7 82.9 140 MONTHLY LABOR R E V IE W T a b l e 7 .—IN D E X E S OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S —JA N U A R Y TO D E C E M B E R , 1927, A N D Y E A R L Y A V ER A G E S, 1923, 1924, 1925, 1926, A N D 1927—Continued [M onthly average, 1923=100] L u m b er a n d its p ro d u cts— Continued M onth and year Lumber, millwork L eather a n d its produ cts G roup index Furniture Leather Boots and shoes Employ Pay-roli Employ Pay-roll Employ Pay-roll Employ Pay-roll Em ploy Pay-roll ment totals ment totals ment totals ment totals ment totals 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan _____ Feb_____ Mar__ _ Apr_____ M ay____ J u n e.. . . July____ Aug------Sept___ Oct__ . . N ov____ D ec_____ 100.0 99. 7 101.5 98.5 87.9 90.1 88.8 88.2 89.0 89.0 89.9 89.3 89.4 87.7 86. 1 84.0 82.9 100.0 102.7 106.6 104.7 93.4 91.5 91.7 92.7 95.0 93. 8 97.5 94.1 97.8 93.3 93.1 88.9 88.2 100.0 94. 8 98. 7 99.6 95. 7 97.0 97.3 93.9 94.4 92.3 91. 6 91.6 94.1 97. 1 99. 7 99.7 98.2 100.0 96.3 101. 5 106.2 104.3 102. 1 107. 3 107.8 104.4 100.9 98.8 95. 7 102. 3 105. 7 111. 1 109.5 105.7 100.0 90.6 92.5 90.3 88.4 91.6 92.1 91.6 87.1 85.5 85.2 88.2 91.0 91.3 89.4 84.6 82.9 Paper Group index 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar____ Apr_____ M ay____ June____ July____ Aug------Sept Oct_____ N ov____ D ec_____ 100.0 100.3 100.8 103.6 103.7 104.3 104.4 104.4 103.6 102.8 102.4 101.8 102.4 103.4 104.2 105.1 105.4 100.0 102.2 102. 9 111.5 112.8 112.7 113. 3 114.2 113.0 112.6 111.0 109.0 110.6 111.7 113. 7 114.7 117.0 Paper and pulp 100.0 94.3 94.4 95. 6 93. 3 94.4 94.5 94.3 94.2 92. 2 92.0 92. 2 93.2 93.3 93.3 93. 1 92.3 and 88.3 89.4 87.8 85.5 87.3 92.3 90.0 84.2 81.8 82.5 88. 7 93.3 91.0 85.4 75.3 76.5 100.0 99.3 99.9 101. 1 97.9 98.9 97.0 95.9 95.3 94.4 94. 5 95. 0 96.3 99. 6 102.9 103.8 100.6 100.0 89. 5 91. 2 93. 5 90.9 95.4 97.2 94. 3 89. 9 88.4 89.1 87.8 90.4 88.8 89.0 88.7 91.4 100.0 102. 2 104.7 109. 5 108.4 105.8 106.3 106. 0 105.0 104. 2 102.8 103.8 107.2 110.8 117. 6 117.5 113.3 Printing, book and job 100.0 102.0 101.5 104. 1 104.4 105. 5 105.9 106.5 104. 1 103. 6 103. 2 101. 6 102.9 104.0 102. 9 105. 5 107.2 100.0 103.5 106.0 113.9 116. 2 118.5 117.8 119.6 115.9 115.2 114.4 111.6 113.9 114.9 114.3 116. 7 122. 1 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar___ A p r ... . M ay____ June____ July____ Aug------Sept . . . Oct____ N ov____ D ec_____ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100.0 91.6 94.2 98.4 95.1 98.3 100.0 105.0 105.3 94.3 90.3 89.4 90.0 93.8 92.6 91.7 90.4 100.0 92.7 95.9 101.8 100.9 101.9 106.0 110.0 109.5 100.2 100.0 95.1 96.4 98.5 98.3 96.9 98.2 Chemicals 100.0 91. 7 92. 7 95.3 95.3 96.1 96.3 96.9 96.7 93. 2 94.0 92.9 93.3 95.3 96.3 97.2 95.5 Fertilizers 100.0 95.8 97.6 103.5 107.3 106.0 107.9 110. 6 108.8 106.0 108.1 102.6 104.2 104.6 108.9 108.6 111.3 100.0 90. 3 98.8 103.9 94.7 97.0 105. 7 134. 6 142. 3 89.9 65.6 64.5 71.7 95. 2 91.8 89.4 89.0 [352] 100.0 87.9 88.6 85.5 83.4 84.1 90.4 88.3 81.9 79.2 79.9 86.3 94.4 91.9 83.9 70.0 70.5 100.0 91.0 98.6 108.9 102.3 103.3 110. 6 131. 8 144. 9 95. 2 76.0 76. 5 83.8 110. 7 99.0 96.8 99.1 Printing, news papers 100.0 104.1 106.7 111.8 115.6 115.1 115.8 115.8 116.0 115.9 115. 3 114.4 113. 5 114.0 116.4 116.8 118.3 100.0 106. 1 110.1 118.3 123. 7 121.0 121. 5 122. 9 124.6 125.6 123.3 121.0 120. 2 122.9 125.3 126.7 129.2 Stone, clay, and glass products Chemicals and allied products Group index 100.0 91.4 92.6 90.0 87.9 91.1 91.3 91.2 86.6 84. 9 84.4 88. 2 91.8 92.0 89.6 83.2 81.0 printing Paper boxes 100.0 93.8 99. 2 102. 5 99.0 100.0 102. 1 102.0 100.2 98.7 97.0 95.3 98.0 96. 7 99.5 99.0 99.9 100.0 88.4 90.0 91.2 89.7 93.0 94.7 92. 9 88.8 87.4 87. 5 88.2 88.6 89.2 88.8 88.9 88.8 100.0 Petroleum refining 100.0 92.1 94.3 100. 3 94.9 101.9 102.4 103.0 100.3 97.6 96.2 95.7 93.5 91.1 87.9 85. 2 84.1 100.0 89.8 93. 2 97.9 93.6 97.0 102.6 103. 3 100.4 95. 2 97.9 92. 2 91. 5 88. 5 86.6 84. 2 83.6 Group index 100.0 90. 7 97.6 99. 7 94.2 89.4 91.1 94.8 97.8 98.9 99.0 94.4 94.8 95.0 93.4 93.0 88.8 100.0 101.3 103.5 106.4 100.3 91.8 98.2 102.8 105. 8 107.9 105.6 96.9 100.7 99.4 100.6 98.6 141 EM PLOYM ENT IN M ANUFACTURING IN D U STR IES T a b l e 7 .—IN D E X E S OP E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S —JA N U A R Y TO D E C E M B E R , 1927, A N D Y E A R L Y A V ER A G ES, 1923, 1924, 1925, 1926, A N D 1927—Continued [M onthly average, 1923=100] Metal prod ucts other than iron and steel Stone, clay, and glass products—Continued M onth and year Brick, tile, and terra cotta Cement Group index Glass Pottery Employ- Pay-roll Employ- Pay-roll Employ- Pay-roll Employ- Pay-roll Employ- Pay-roll ment ment ment totals totals totals ment totals ment totals 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927— Jan_____ F eb_____ Mar Apr__ ___ May . June__ July____ Aug------Sept____ Oct_____ N ov____ D ec. . . . 1 0 0 .0 9 9 .9 9 6 .6 91. 7 8 7 .9 8 2 .0 80. 1 8 4 .8 8 8 .2 9 0 .4 9 2 .3 9 3 .3 93. 2 9 2 .4 9 0 .0 8 6 .7 8 0 .8 1 0 0 .0 103. 6 100. 7 9 6 .0 92. 6 8 0 .4 81. 5 8 8 .0 9 4 .8 1 0 1 .8 1 0 0 .0 97. 5 99. 1 97. 5 96. 1 9 1 .0 8 3 .5 1 0 0 .0 9 8 .1 9 9 .6 100. 7 9 5 .0 8 6 .4 84. 5 91. 3 99. 7 1 0 4 .0 104. 1 103. 5 1 0 0 .9 9 7 .8 9 2 .8 90. 1 8 4 .3 1 0 0 .0 1 0 3 .6 104. 2 105. 2 9 9 .0 86. 7 8 9 .7 97. 1 104. 2 112. 3 110. 8 1 0 6 .9 1 0 5 .6 1 0 0 .6 9 6 .3 92. 5 8 5 .8 1 0 0 .0 107. 5 104. 9 1 0 6 .8 1 0 0 .9 1 0 3 .8 1 0 9 .2 1 0 8 .8 105. 7 103. 7 1 0 2 .6 8 1 .6 9 4 .8 96. 7 9 8 .6 1 0 1 .0 1 0 3 .9 Metal products, other than iron and steel—Continued Stamped and enameled ware 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb_____ Mar___ Apr_____ M ay____ June____ July____ Aug------Sept____ Oct_____ N ov____ D ec_____ 100.0 90.1 94.2 95.1 84.6 83.7 86. 1 89.6 88.2 86. 1 84.2 82.8 82.5 82.9 83.4 83.5 81.8 100.0 85.3 91. 7 91. 5 82.9 76.6 86.4 91. 2 86.7 85.9 83.2 78.4 82. 1 78.8 82. 7 82.8 79.4 Brass, bronze, and copper products 100.0 94.0 97.9 98.7 93.2 96.4 95.4 96.8 96.5 96.8 93.7 92. 5 93.4 91.6 89.9 87.9 87.9 100.0 93.9 100.2 101. 1 93.0 97.5 98.5 100.3 93.0 98.5 94.6 90.0 90.6 88. 7 88.2 86.0 90.0 1 0 0 .0 9 0 .4 9 3 .4 9 9 .0 9 3 .2 8 9 .7 9 4 .7 9 6 .6 9 6 .4 9 4 .9 9 4 .9 9 0 .3 8 9 .4 92. 5 93. 3 95. 2 9 0 .4 1 0 0 .0 1 1 0 .9 112. 2 116. 6 1 0 9 .8 104. 3 1 2 2 .9 124. 5 1 2 0 .3 1 1 1 .4 1 0 5 .4 8 1 .3 103. 2 104. 4 111. 1 1 1 1 .8 1 1 7 .3 1 0 0 .0 95. 2 1 0 0 .9 1 0 8 .0 1 0 0 .9 9 6 .4 1 0 3 .7 106. 0 106. 3 105. 2 103. 1 9 3 .0 96. 2 97. 3 102. 5 102. 3 9 9 .0 1 0 0 .0 92. 7 90. 7 9 7 .5 90. 5 9 2 .4 9 2 .5 9 4 .0 9 3 .9 9 3 .5 90. 7 8 9 .5 9 0 .0 8 8 .9 8 7 .9 8 0 .5 8 0 .0 1 0 0 .0 9 1 .0 8 9 .8 9 8 .5 9 0 .3 9 1 .9 9 5 .2 9 7 .9 9 1 .3 9 5 .1 9 1 .5 8 0 .9 8 8 .3 8 0 .0 8 0 .7 8 5 .1 8 7 .1 Tobacco products G roup 100. 0 94.0 92.0 85. G 84. 0 77.8 83. G 83.5 81. G 82.4 84. G 84.6 78.5 87.8 89.8 89.1 84.5 index 100. 0 95. G 92. 7 87.7 85.2 77. G 80. G 82.1 79.0 84. G 87.8 86.7 80.8 91.4 92. 3 91.3 87.9 Chewing and smoking tobacco and snuff 100.0 99.9 92.0 94.9 92.7 92.3 98.9 97.8 90.6 89.0 89.2 87.3 91.1 91.3 95.7 94.9 94.2 100.0 101. 1 98.2 99.9 97.6 102.5 105. 1 100.0 91.3 94.4 98.9 96.4 95.3 93. 1 102. 2 94. 5 97.2 Cigars and cigarettes 100.0 93. 3 92. 1 84.5 82.9 75.9 81.6 81.6 80.4 81.6 84.0 84.3 76.9 87.4 89.0 88.3 83.3 100.0 94.9 92.0 86.3 83.7 74.7 77.7 80.0 77.6 83.5 86.5 85.6 79.1 91.2 91.1 90.9 86.8 Vehicles for land transportation Group index 1923 average___ 1924 average. 1925 average___ 1926 average___ 1927 average ___ 1927—Jan_____ Feb____ Mar____ Apr_____ M ay____ June____ July____ Aug------Sept____ Oct_____ N ov____ D ec........ . in«, n 88. G 91.0 91.2 82.8 81.2 85.3 86.3 86.8 8G.9 85.1 82.3 83.0 81.7 80.9 76.8 77.5 100.0 87.5 93.5 92.8 85.0 73.6 88.8 91.3 93.1 94.2 85.8 81.4 85.8 81.« 84.2 79.0 80.8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Automobiles 100.0 93.6 106. 5 107. 6 98.2 90.3 101. 7 106. 1 106.9 107. 2 101. 6 95.3 99. 1 96. 2 95. 2 87. 2 91.0 100.0 91.1 111.3 108. 7 98.2 69. 0 102.9 112. 6 115.8 116. 5 96.4 91.9 100. 1 94.5 98.1 86.3 93.8 Carriages and wagons 100.0 83. 5 92.1 91.9 72.3 62.6 73.4 74. 5 73.3 74. 1 70. 5 67.6 72. 5 76.2 74.8 73.5 74.8 100.0 87.7 92.6 92.3 77.2 66.4 77.0 79.7 80.8 80.4 76.3 73.6 78.8 81. 2 81.5 75.3 75.0 Car building and repairing, electric-railroad 100.0 88.7 88.4 88.7 89.5 88.1 89. 1 89.5 89.5 88.4 89.8 90.3 90.8 90.8 90.0 88.9 88.4 100.0 88.8 91.3 90.8 91.8 89.6 90.6 92. 5 91.9 92.6 93.1 90.4 92.3 91.5 91.2 92. 1 93.4 Car building and repairing, steam-railroad 100.0 85.5 81.3 80.8 72.9 75.5 75.0 73.9 74.2 74. 3 74.7 74.0 72.6 72.0 71.4 69.5 68.2 100.0 85.0 82.2 82.7 76.3 75.8 80.0 77.9 78.9 80.4 78.8 74.3 76.5 72.8 74.9 73.7 71.9 142 T MONTHLY LABOR R EV IEW a b l e 7 — IN D E X E S OF E M P L O Y M E N T A N D PAY-ROLL TOTALS IN M A N U F A C T U R IN G IN D U S T R IE S—JA N U A R Y TO D E C E M B E R , 1927, A N D Y E A R L Y A V ER A G ES, 1923, 1924. 1925, 1926, A N D 1927—Continued [M onthly average, 1923=100] Miscellaneous industries Group index Month and year Agricultural implements Electrical ma chinery, appara tus,and supplies Pianos and organs Rubber boots and shoes Pay Employ Pay Pay Employ Pay Employ Pay roll Employ roll roll Employ roll roll ment ment ment ment ment totals totals totals totals totals 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan_____ Feb____ Mar____ Apr__ _ _ M ay____ Ju n e.. July------Aug-----Sept _ _ Oct_____ N ov____ D ec_____ 10«. 0 87.8 91. 6 96. 8 96. 3 100. 7 102.5 102. 5 101.8 100. 2 98. 7 94.2 92.6 91.4 90.8 89.7 90.4 100.0 90.6 94.6 101.9 102.8 107.2 109.2 111 4 113.3 109.3 104.9 99.5 96.6 93.2 96. 5 92.4 99.8 100.0 80. 1 92.4 98. 7 90.7 93.8 96.6 96.6 93.8 91.2 89.5 85.3 86.6 84.0 87.6 88.6 94.7 100.0 83.8 101. 1 111.4 102.7 104.1 112.2 109.5 107.8 106.2 101.1 93.1 99.0 90.7 98.4 99.7 110.1 100.0 93.8 90.9 98.7 93.8 96.3 95.1 93.8 93.5 92.7 94.8 92.0 92.4 93.9 95.1 94.4 92.0 100.0 97. 7 95.0 103. 1 98.7 101.1 100.1 100.4 100.2 100.2 101. 7 93.6 97.7 94.3 100.4 96.0 98.2 100.0 94.9 94.0 95.0 85.9 93.3 90.2 87.4 84. 5 82.9 82.9 79. 2 83. 8 85. 5 87.8 88.4 85.0 100.0 101.8 103.1 105.4 92.1 98.0 93.7 92.3 87.4 88.1 86.0 79.0 89.2 96.0 100.0 98. 1 97.3 Miscellaneous industries-—Continued Automobile tires 1923 average___ 1924 average___ 1925 average___ 1926 average___ 1927 average___ 1927—Jan ___ Feb_____ M ar. . . Apr_____ M ay____ June____ July____ Aug------Sept Oct_____ N o v ___ Dec_____ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100.0 97.3 112.2 109. 8 106.8 102.4 104.3 105.9 111.8 116.0 113.8 111.4 110.4 106.7 102.1 97.3 99.7 100.0 99.9 113.9 113.4 111.4 103.8 112.2 114. 1 121.5 124.5 120.2 114.2 114.0 109.7 104.3 94.1 103.6 Shipbuilding, steel 100.0 83.1 85.3 92.1 96. 5 105.5 109.6 .1 107.4 103.2 99.7 93.3 89.3 86.3 84.9 83.9 85.1 110 100.0 86. 2 87.7 97. 1 102.8 112.0 113. 2 117.5 119.5 110.9 103.7 100.1 91.4 87.5 91.6 88.1 97.5 [354] 100.0 70.9 83.3 85. 7 88. 5 89. 5 89.4 87.6 86.4 87.0 86. 5 80.6 80.7 89. 92.0 94.4 98. 6 1 100.0 71.5 91.2 93.3 100.5 102.9 100.0 97.5 97.5 100.6 97.4 90.2 91.3 102.3 105.1 109.6 111.8 EMPLOYMENT IN MANUFACTURING IN DU STRIES 143 MANUFACTURING INDUSTRIES. MONTHLY INDEXES - 1926& 1927. M O N T H LY AVERAGE. 192.3 —100. EM PLOY ML NT 100 95 90 85 PAY-ROLL^ T O T A L 5 100 95 90 85 si AN. FEB. MAR. APR. MAY JUN. JWL. AUÛ. SEF>. OCT. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [355] NOV- DEC. 144 MONTHLY LABOR R EV IEW TREND OF EMPLOYMENT. M ON TH LY AVERAGE SLAUGHTERING* MEAT PACKING 1923=100 CONFECTIONERYa / V1926 \——s V [ 9 2 t\ \\ \\ / // /) ~/ Z FLOUR ¡ 92.6 ¡9 2 7 BAKING I 9 2 7 ^ _ 1926 COTTON GOODS. 1927 \ 1926 \ E C 0 £ k t u. > ___¿L > / s— / z J < 9 & ; | - > o ¿ c 0 K ‘F > z ; J O > r - ' | - > O 00uJ -<u3<^: > u E < s<o=5=>Sj ;-)-7<<oO rQ E < £ t t < wocq https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [356] \ 145 EMPLOYMENT IN MANUFACTURING INDUSTRIES TREN D OF EMPLOYMENT. MONTHLY SILK AVERAGE. GOODS 1923=100 WOOLELN & WORSTED GOODS 1926^ 'Ï9Z7 \ vN DYEING & FINISHING TEXTILES. 1926 1927 —' ~~--'V CLOTHING. MENS. z: «o SF E -» & t OC > r J <3 £ U >• O ^Zn utû uj- F.K< Û . < 3 3 D u O O üJ < Z n n <*: vi o z: a h > H - j u - S ,T 2 r - 7 - j < v n Oz o https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3571 146 m onthly TREN D labor OF M O NTH LY r e v ie w EMPLOYMENT. AVERAGE: IRON Sc S T E E L 100 Ï926 1923- 100. CAST-IRON PIPE ___, x N \ 90 132.7 X / no. 100 X 1927 60 ** STRUCTURAL IRON WORK no X 192^-— . 90 FOUNDRY ¿c MACHINE-SHOÌNMWCl * 100 \ X 1927 1ÌZG,__ 90 1927 — —'" --- — — ^ — 80 1926 70 HARDW ARE MACHINE TOOLS 110 I926_ 100 — ------ — ^ 1927 r 1926 X 1927 V 90 V V _ ■------- — 80 " STEAM '— FITT IN G S , E T C . STOVES. 1 10 I9Z 6 100 ----\ v ' 1927 'X ^ \ \ --\-- 90 y 1926 r SO / ^ V / v / iw ' -, — ^ \ \ \ A s: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis JUN. -, APR. MAY 70 — co oe $ u4 < 34 ~7 z cö £ ft? > a ui <£ D. < ^ u- z: r i- >' 0 É £ O O Ui 5 ui < <0 O ï Û [358] ± 3 n - i \D t \- > U O 2> u4 o o u -7 < </) o z: o 147 EMPLOYMENT IN MANUFACTURING INDUSTRIES TREN D OF EMPLOYMENT. M ONTHLY LUMBER. AV ERAGE: SAWMILLS LUMBER. MILLWORK 110 100 1923-100 1926 -------- --- 90 192 6 s ______ / J9 27 ^s \ FU R N IT U R E 1 926 v ' ^ s. 192 7 / LEA TH ER too . 1927 / / ^ \ 80 no / V----- J * \ \ 192 7 - 90 1926 ^ X Vn 80 BOOTS & SHOES. PA P E R X- PULP I10 100 I9Z6 / / ----- N7 '1927 ^ \ 90 1 9 2 6 __ --------1927 _____ ___. 80 PAPER BO X E 5 . PRINTING , BOOK 2^ JO B 1927 1926 y > 100 192.6 1927"90 80 ■j u. E zrcOt£<^>z:_ii3oIi->u < ul- E <t < < nU £ -SOOUJOObJ i -}<^> oz : q E -3 i < <6 o n q https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 5 9 ] 148 MONTHLY LABOR R EV IEW TREND OF EMPLOYMENT MONTHLY AVERAGE. PRINTING, NEWSPAPERS. I9Z3= IOO C H EM IC A LS 1927 ____ , 1926 i FE R T IL IZ E R S . PETROLEUM cuid o<ea. <> zir =_>i d fc i-‘ > <-> u o o ui u. 2T< £ t -) .< <n o 2r c> https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis R E F IN IN G . r< ui i k< ot- .V< r= >J ovaoti av-o>o ljJ 8 -> u E i r T T < l/) o r Q [360] 149 EMPLOYMENT IN MANUFACTURING IN DU STRIES OF T R E N D E M P L O Y M E N T . MONTHLY A V E R A G E ! I9Z3-100 POTTERY. — V 19' ^1926 GLASS- no r " ' "" 'A \ / k/ V V . 100 .- - N ------ T r *V 1 92 6, \ O "90 \/ l9 2 7 ao £E N A M E L E D STAM PED W ARE. 110 BRASS, B R O N Z E* COPPER 1926 19 2,6^ — V —___ •A Vj 100 / / / 19 2 7 N 19 2 7 / ' " " \ C H E W IN G go 2r S M O K I N G TOBACCO - ____ _ _____ ¿A C IG A R S no .A N 90 i 80 1926 1927 J ---- - / / v / V I9 2 6 ____ ^ \ 10 0 \ \ \ \ 90 f t \ l c a r r ia g e s a- ^ a g o n s . 1 9 2 ^ ,^ I9 Z T /' \ V V/ A U T O M O B IL E S . no Xr C I G A R E T T E S . 10 0 J/ N J 1926 12 0 ------— 90 A ------ ^ 19' ,7 J r \ PROD. 1927___ _ \ . ___ \____ 7— ' \ \_ v / N/ \ \ 100 90 \ \ 80 X 70 \ 80 IV z ri £ £ > £ £ ■>• J - ) i L E < t i- ) < C [ / ) o r o https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - ) U . E i C T T < m o r û [3611 60 150 MONTHLY LABOR R E V IE W TREND OF EMPLOYMENT. MONTHLY AVERAGE.' 1923= IOO ELECTRIC R.R. CAR BUILDING Sc REPAIRING 100 S T £/\M R R 90 I9Z 7 80 I9Z6^ ----_192/7 70 •9*6 — _^ \ -------- AUTOMOBILE T I R E S . r - ai oc or > ¿ ) U . E < https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I t S H IP B U ILD IN G , S T E E L . ¡r ij > o' - ) < i/ 1 0 Z u- 2 I < e Û [362] - 7- ) <' OOZ: o 151 E M P L O Y M E N T I N M A N U F A C T U R IN G IN D U S T R IE S P r o p o r tio n o f T im e W ork ed a n d F orce E m p lo y e d in M a n u fa c tu r in g I n d u s tr ie s in D e c e m b e r , 1927 from 8,991 establishments in December, 1927, show that 1 v 1 per cent of these establishments were idle, 79 per cent were operating on a full-time schedule, and 20 per cent on a part-time schedule; 31 per cent had a normal full force of employees and 68 per cent were operating with reduced forces. The establishments in operation were employing an average of 84 per cent of a normal full force of employees and were operating an average of 96 per cent of full time. These percentages indicate a drop of 1 per cent in average force employed and no change in operating time since the November report. DEPORTS T a b l e 8 —E ST A B L ISH M E N T S W ORKING FU L L A N D PA R T T IM E A N D E M PL O Y IN G FU LL A N D PA R T W ORKING FO RCE IN D E C E M B E R , 1927 Establish ments reporting Industry Total Per num cent ber idle Food an d kindred p r o d u c ts.. . . Slaughtering and meat packing_____ Confectionery_______ ____ Ice cream Flour_________________ Baking . . . ____ Sugar refining, cane. _____________ 1,3(10 152 241 140 273 543 11 Textiles a n d th eir p ro d u cts_______ Cotton g o o d s__________ Hosiery and knit goods___________ Silk goods______ _____ _ Woolen and worsted goods ________ Carpets and rugs.. _____ __________ Dyeing and finishing textiles_______ Clothing, men’s . . _ ______ Shirts and collars__________ Clothing, women’s . ____. . . Millinery and lace goods . ______ 1,435 390 178 160 163 20 87 195 62 133 47 Iron an d steel a n d th eir p ro d u cts. 1,579 Iron and steel . ______ 159 Cast-iron pipe . . . ___ 36 Structural ironwork. . . . . . 147 Foundry and machine-shop products. 863 Hardware____ . _______ 51 Machine tools_____ 138 Steam fittings and steam and hotwater heating apparatus_______ 103 Stoves__ _____ _______ 82 L u m b er a n d its p ro d u cts__ Lumber, sawmills______ Lumber, millwork__ ______ Furniture-._ __________________ 972 379 219 374 L eather a n d its p r o d u cts_____ Leather . ___ Boots and shoes________________ 310 114 196 Paper a n d p r in tin g _________ Paper and pulp . . . _______ ___ Paper boxes_____ _______ _____ Printing, book and job. _ ____ Printing, newspapers______________ 764 172 152 293 147 C hem icals a n d allied p ro d u cts____ Chemicals______ ________ Fertilizers ____ _ ____________ Petroleum refining______ _______ ...1 298 99 158 41 14 9 14 9 27 9 18 97 99 97 98 92 99 94 34 52 28 6 45 33 18 66 48 72 94 55 67 82 88 91 82 64 88 93 82 82 82 89 79 81 100 71 77 87 87 79 17 18 H 21 18 29 21 11 12 19 97 97 98 97 96 100 95 96 99 97 98 40 51 47 39 36 45 45 33 44 17 21 59 48 53 61 63 55 55 64 55 82 77 91 93 92 93 84 101 93 86 98 89 83 63 74 53 78 60 53 70 36 23 47 22 40 47 30 93 94 86 97 93 93 96 20 14 19 28 17 10 17 80 82 81 72 82 90 83 80 82 79 83 77 82 82 1 54 60 45 10 91 89 28 35 71 65 82 85 1 2 78 84 65 79 21 14 35 20 97 97 95 97 29 26 20 38 69 72 80 61 82 79 74 91 77 90 69 23 10 30 95 99 92 30 32 29 69 68 70 86 86 86 92 90 86 94 100 8 10 14 6 99 98 98 100 100 55 42 43 52 87 45 57 57 48 13 97 94 91 99 103 83 91 73 100 16 9 25 98 99 96 100 19 40 7 17 79 60 91 83 77 93 55 77 1 (>) 1 1 1 3 2 1 2 1 4 (>) 1 1 1 (') 1 1 3 J 1 Less than one-half of 1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Average per cent of normal full force employed by estab lishments operating 86 91 85 91 73 91 82 (>) (0 « Per cent of Per cent of establish Average establish per cent ments ments oper operating— of full ating with— time oper ated in establish Full Part Full Part ments norma] time time operating norma force force [363] 152 M O NTH LY LA B O R R E V IE W T able 8 —E ST A BL ISH M EN T S W ORKING FU L L A N D PA R T T IM E A N D E M P L O Y IN G FU LL A N D PA R T W ORKING FO RCE IN D E C E M B E R , 1927—Continued Establish ments reporting Industry Total Per num cent ber idle S to n e , clay, a n d glass produ cts _____ C e m e n t______ .. ___________ Brick, tile, and terra cotta ______ Pottery___________________________ Glass__ ________ ________________ 533 85 295 60 93 M etal p ro d u cts oth er th a n iron a nd steel . . . __ Stamped and enameled w are.. Brass', bronze, and copper products.. 205 64 141 T ob acco p ro d u cts___________________ Chewing and smoking tobacco and snuff . . . .. . . . __ Cigars and cigarettes........................ 142 26 116 V ehicles for la n d tr a n sp o r ta tio n ____ 1,057 Automobiles __________________ _ 177 Carriages and wagons 57 Car building and repairing, electricrailroad ...... ................ 358 Car building and repairing, steamrailroad_________ ______________ 465 M iscellaneous in d u s tr ie s ______ Agricultural implements___ _____ _ Electrical machinery, apparatus, and _____________ ___ su p p lies___ Pianos and organs ________ _ . Rubber boots and shoes. _______ _ Automobile t ir e s _____ ___ _ _ Shipbuilding, steel________________ T o ta l__________________________ 2 1 3 2 77 85 68 85 94 21 14 29 13 6 95 94 94 97 99 17 14 11 35 24 81 85 86 63 76 82 79 77 94 84 73 81 70 27 19 30 95 97 95 21 28 18 79 72 82 82 80 84 1 80 19 97 42 57 93 1 77 81 23 18 97 97 46 41 54 58 94 92 87 77 79 13 23 21 98 96 97 32 18 25 67 82 75 78 77 75 95 (0 90 9 99 56 44 89 11 99 21 79 79 336 88 74 64 26 36 97 96 25 19 75 81 85 84 129 35 10 46 28 77 77 80 70 93 23 23 20 30 7 97 96 99 94 99 28 26 80 15 25 72 74 20 85 75 87 84 103 83 72 79 20 96 31 68 84 8,991 (0 1 i Less than one-half of 1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per cent of Per cent of Average establish Average establish per cent ments ments oper per cent of full of normal operating— ating with— time oper full force ated in employed establish Full Part by estab Full Part ments normal lishments time time operating normal force force operating [364] 153 MONTHLY LABOR REV IEW E m p lo y m e n t a n d P a y -r o ll T o ta ls o n C lass I R a ilro a d s, N o v e m b e r , 1926, a n d O c to b e r a n d N o v em b er, 1927 -HE number of employees on the 15th of November, 1927, and the total earnings of employees in the entire month of Novem ber, 1927, on Class I railroads of the United States are shown in the table following', together with similar information for October, 1927, and November, 1926. The data are presented for all occupa tions combined, excluding executives and officials, and also for the six general groups of occupation; under each group data are shown separately for a few of the more important occupations. Class I railroads are roads having operating revenues of $1,000,000 a year and over. T E M P L O Y M E N T A N D TOTAL M O N TH LY EA R N IN G S OF RAILROAD E M PL O Y EE S— N O V E M B E R , 1926, A N D OCTOBER A N D N O V E M B E R , 1927 [From monthly reports of Interstate Commerce Commission. As data for only the more important occu pations are shown separately, the group totals are not the sum of the items under the respective groups] Number of employees at middle of month Occupation Professional, clerical, and general C lerks.. Stenographers and typists___. . . Maintenance of way and structures Laborers, extra gang and work train___________ . . Laborers, track and roadway section._________________ _ Maintenance of equipment and stores . . Carmen____ . M achinists___ _ Skilled trades helpers__________ Laborers (shops, engine houses, power plants, and stores)____ Common laborers (shops, engine houses, power plants, and stores)................... ....................... Transportation, other than train, engine, and yard__ . ... Station agents_____________ Telegraphers, telephoners, and towermen ... ... . Truckers (stations, warehouses, and platforms)_____ _ . _ _ Crossing and bridge flagmen and gatemen_________ __________ Transportation (yardmasters, switch tenders, and hostlers)... Transportation, train and engine ------ -------- „----------------------- Road conductors. . ._ . . _____ Road brakemen and flagmen Yard brakemen and yard helpers. Road engineers and m otorm en... Road firemen and helpers............ 1926 1927 Total earnings 1926 1927 Novem ber October 287,625 169,049 25,598 279,337 162,102 25,026 278,023 $39,388, 763 $40,103,740 $39,420,646 160, 8C8 21,876,885 22,114,927 21, 557, 016 25, 043 3,143,369 3,202,968 3, 180, 231 423,616 444,943 408,838 38,608,293 41,668,794 69,099 76,682 67, 345 5,190,889 6,044,881 5,034, 575 213,913 230,553 206, 290 15,295,282 17,141,946 14, 512,068 519, 706 113,718 60, 880 115, 277 482,368 104,052 58,207 106,583 479,329 102, 856 58, 116 105, 745 67,808,900 16,696,328 9, 650,738 12, 768, 700 65, 374, 505 16,052,270 9,432,834 12,264,930 62,384,589 15,104, 995 9,006, 858 11, 626,962 42,926 40,409 40,306 4,067,626 3,958,265 3,819,957 60,210 54,579 53,833 4,797,725 4,575,148 4,288,541 212,743 30,599 206,841 30,271 203,243 30, 212 25,735,546 4,707,685 26,134,844 4,810,645 25,098,670 4, 723,021 25,628 24,420 24,094 3,817,870 3,830,830 3, 671,035 41,040 38,455 37, C86 3,732,087 3,753,790 3,440,433 22,085 21,753 21, 590 1,659,501 1,677,708 1, 665,474 24,409 23,089 22,895 4,498,063 4,529,309 4,403,395 342,917 38,288 78,052 57,800 45,841 47,124 329,951 37,531 75,551 54,481 44,654 45,552 319,749 35,915 72, 524 53,674 42, 786 44,218 68,897,365 9,081,271 13,621,386 10,099,113 12,376,226 9,200,964 70,035, 165 9,342,127 13,955,596 10,306,206 12,516, 603 9,392,012 63,346,384 8, 425, 214 12,369, 783 9,485, 901 11,209, 366 8, 399,641 Novem N ovember ber October Novem ber 37,345,361 All occupations__ _ ____ 1,811,016 1,766,529 1,712,075 244,936,930 247,846,357 231,999,045 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1365] 154 MONTHLY LABOR REV IEW State Reports on Employment C a lifo rn ia HE following data, taken from the December, 1927, issue of the Labor Market Bulletin, issued by the State department of industrial relations, show changes in number of employees and in amount of weekly pay roll of 790 industrial establishments in California from November, 1926, to November, 1927: T PE R C E N T OF CHA N G E IN N U M B E R OF E M P L O Y E E S A N D IN T O TAL A M O U N T OF W E E K L Y PA Y ROLL IN 790 C A LIFO RN IA E ST A B L ISH M E N T S B E T W E E N N O V E M B E R , 1926, A N D N O V E M B E R , 1927 Employees Weekly pay roll Number Per cent Per cent of estab Number ofaschange lish Amount of change com as com in N o ments re in N o pared pared porting vember, with N o vember, with N o 1927 1927 vember, vember, 1926 1926 Industry Stone, clay, and glass products: Miscellaneous stone and mineral products______ Lime, cement, piaster^ _____________________ Brick, tile, pottery____________________ _____ Glass___________________________________ 12 8 21 8 1,543 1,643 3,424 812 +14.0 -2 6 . 2 -.6 +4.1 $45,334 50, 928 84, 583 25, 752 + 4.3 -2 8 .3 +5.1 - 1 .2 ______ 49 7,422 - 4 .9 206,597 - 6 .5 Metals, machinery, and conveyances: Agricultural implements^ _____ _____________ Automobiles, including bodies and parts_______ Brass, bronze, and copper products ______ ___ Engines, pumps, boilers, and tanks.. . . . _____ Iron and steel forging, bolts, nuts, etc . . . _____ Structural and ornamental steel____ . . . ___ Ship and boat building and naval repairs.. . . . . Tin cans... _______ ______ _ ___ Other iron foundry and machine-shop products . Other sheet-metal products_______ ______ Cars, locomotives, and railway repair shops____ 6 14 9 9 8 20 6 7 74 22 16 1,642 1,422 919 826 2,726 3,761 5, 257 2,019 7,037 1,586 7,120 +33.4 -4 8 .2 - 8 .6 + 3.0 -1 2 .8 -8 . 5 -12. 5 -2 1 .0 -1 3 .6 - 4 .4 - 2 .6 46,855 50, 479 26, 541 25,065 81,384 120, 717 170, 649 55,085 214, 989 45,084 222, 648 +32.6 -4 5 .4 - 9 .3 191 34, 275 -1 1 .3 1,059,496 -1 1 .7 26 62 42 12, 483 10,195 5, 386 + 2 .8 -6 . 1 + 7 .7 349,179 268, 401 159,105 0 -1 0 .7 +11.0 Total_____________________________ T otal.. _____________________________ Wood manufactures: Sawmills and loggin g... ________ ____ Planing mills, sash and door factories, etc Other wood manufactures_______________ T otal________ _ _____ _____ _____ -1 9 .9 - 4 .2 -1 2 .2 -1 9 .1 -1 4 .7 -1 0 .2 - 1 .4 130 28,064 + .3 776, 685 - 2 .1 Leather and rubber goods: Tanning. . . . ________ . . . . Finished leather products___ . . . _ . Rubber products_____________________ . 8 5 7 751 448 2,253 -1 3 .0 -1 2 .8 -2 2 .6 22, 364 8, 431 61, 607 - 5 .8 -2 0 .7 -2 0 .5 Total________________________________ 20 3, 452 -1 9 .5 92,402 -1 7 .4 Chemicals, oils, paints, etc.: Explosives______ _ ______________ Mineral oil refining. . . ____ . . . ____ _ Paints, dyes, and colors _ ______ _ _ Miscellaneous chemical products _______ ____ 4 6 8 13 498 5,185 701 1,944 +5. 5 -2 9 .5 - 1 .4 -1 5 . 6 15, 029 195, 160 16, 781 51, 331 + 2 .5 -2 9 .2 - 3 .3 -1 6 .6 Total_____ ____ ____________________ 31 8,328 -2 3 .2 278, 311 -2 4 .6 Printing and paper goods: Paper boxes, bags, cartons, e t c ___________ P rinting... __________ _________ . . . . Publishing _______________ . _____ _ Other paper products________________________ 13 59 16 10 2,003 2,481 3,612 1,195 - 3 .9 - 2 .3 + .1 - 5 .3 . 56,065 86, 497 138, 094 30, 604 + 5.7 - 4 .0 + .7 + .2 Total________________________________ 98 9,291 -2 . 2 311, 260 + .2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [366] 155 REPORTS ON EMPLOYMENT— CALIFORNIA P E R C E N T OF C H A N G E IN N U M B E R OF E M PL O Y EE S A N D IN TO TAL A M O U N T OF W E E K L Y PA Y ROLL IN 790 C A LIFO RN IA E ST A B L ISH M E N T S B E T W E E N N O V E M B E R , 1926, A N D N O V E M B E R , 1927—Continued Employees Number of estab lish Number ments re in No porting vember, 1927 Industry Textiles: Knit goods . __________________ _____ _ ... Other textile products________ ______ _______ _ Weekly pay roll Per cent of change Amount as com in N o pared with N o vember, 1927 vember, 1926 Per cent of change as com pared with N o vember, 1926 12 6 1,158 1, 512 + 0 .8 - 8 .1 $24, 621 31, 042 0 -1 5 .9 18 2,670 - 4 .5 55, 663 -9 .5 26 10 7 23 3, 036 868 570 3,485 - 3 .8 -8 .0 + 7 .3 + 3 .0 66, 131 16, 404 9,951 76, 806 -1 .8 - 5 .4 + 4 .9 -1 .0 Total___________________________________ _ 66 7,959 - .7 169, 292 - 1 .4 Foods, beverages, and tobacco: Canning, preserving of fruits and vegetables Canning, packing of f is h ___________________ Confectionery and ice cream________________ Groceries not elsewhere specified____ - . Bread and bakery produ cts____ _ ____ _____ Sugar. ______ _____ . ______ ._ __ Slaughtering and meat products.. . . . ______ Cigars and Other tobacco p ro d u cts__________ Beverages.. _________________ ______ _____ Dairy products__________ ______ __________ Flour and grist mills____ __ ______________ Ice m an ufactures.________ _________________ Other food products.. ______________________ 36 7 22 5 22 4 14 5 3 9 12 15 13 7, 220 849 1, 668 497 3,690 2,778 2, 616 967 419 2,705 1, 341 1, 233 1, 704 - 6 .1 -4 0 .3 + .9 -5 .0 + 1 .8 + .5 - 1 .6 - 7 .8 + 5 .8 - 4 .1 - 7 .8 + 2 .2 + 9 .7 135, 786 7, 875 38, 353 12, 865 104, 387 76, 423 78, 019 17,863 10, 275 95, 541 37, 635 40, 573 34, 766 - 5 .2 -6 4 .7 + 4 .3 + 1 .6 + 1 .3 + 3 .2 -1 .6 -6 .0 - 1 .1 -.8 - 4 .5 0 +17.8 ______ 167 27, 687 - 3 .9 690, 361 - 2 .3 Water, light, and power. . . . . . . ________ _______ Miscellaneous _ ________________________________ 5 15 8,391 2, 288 - 2 .4 -1 5 .5 253, 782 63, 295 - 5 .7 -8 .6 790 139, 827 - 6 . 8 3,957, 144 - 7 .6 Total_________________ ______ ____________ Clothing, millinery and laundering: M en’s clothing ____________________________ ....... Women’s c lo th in g .._____. . . . . . . . M illin ery________ ____ ____________________ _ Laundering, cleaning, and dyeing _______ __ T o ta l_______ . . . __________ . Total, all industries______________________ 82645°— 28----- 11 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [367] 156 MONTHLY LABOR R EV IEW Iow a r"PHE December, 1927, issue of the Iowa Employment Survey, 1 published by the bureau of labor of that State, shows the follow ing changes in volume of employment from November to December, 1927: CHANGES IN VOLUM E OF E M P L O Y M E N T IN IOWA, N O V E M B E R TO D E C E M B E R , 1927 Employees on pay roll, December, 1927 Num ber of firms re port N um ing ber Industry Food and kindred products: Meat p a ck in g _____ Cereals____ _______ Flour___ ____ Bakery products___ C onfection ery.,___ Poultry, produce, butter, e tc .. . Sugar, starr*,h, sirup, glucose, etc.. Other food products, coffee, etc_______ Total______ . .. Textiles: Clothing, man’s M illinery________ Clothing, women’s, and woolen goods Hosiery, awnings, etc. ________ ___ Buttons, pearl____ T otal___________ Iron and steel works: Foundry and machine shops. Brass, bronze products, plumbers’ supplies Autos, tractors, and engines Furnaces_________ Pumps____________ Agricultural implements _ ____ Washing machines.. T otal_____ ______ Lumber products: Millwork, interiors, etc Furniture, d e s k s , etc Refrigerators. _ _ _ Coffins, undertakers’ supplies.. Carriages, wagons, truck bodies_____ Total___________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per cent of change as com pared with Novem ber, 1927 7,643 1,086 112 961 151 +14.2 +4. 3 0.0 + 1 .5 + 8 .6 5 760 +16.9 3 1,917 + 4 .5 8 2 3 9 4 9 369 + 6 .6 43 12,999 +10.5 ID 2 992 151 10 0 + 7 .9 3 531 -j-2 5 4 8 806 706 0.0 + 8 .0 27 3,186 - 1 .0 30 2,682 -7 . 6 5 543 -f1 8 G 6 4 2 095 '248 337 -f3 8 -is - 1 .5 9 8 945 2,647 +4. 1 + 1 .6 68 9, 497 -. 7 16 2, 214 - 2 .3 8 3 826 140 98 9 -1 2 .0 5 154 0.0 91 -1 8 .8 3, 425 -1 0 .8 5 37 Employees on pay roll, December, 1927 Industry Leather products: Shoes________ Saddlery and harness._ Fur goods and tanning__ _________ Gloves and mittens Total Paper products, printing and publishing: Paper products Printing and publish in g ... _____ _ Num ber of Per cent firms of change re port N um as com pared ber ing with Novem ber, 1927 3 396 - 2 .7 6 239 + 7 .2 4 3 74 255 + 2.8 - 6 .6 16 964 - 1 .1 5 354 - 1 .1 16 2, 761 + .9 Total___________ 21 3,115 + .7 Patent medicines, chemicals, and compounds. 8 506 + .8 8 12 1, 394 739 —14 8 - 8 .1 Stone and clay products: Cement, plaster, gypsum Marble and granite, crushed rock and stone . . . _____ Total 4 94 + 8.0 24 2, 227 -1 1 .9 Tobacco and cigars... _ 4 289 + •7 Railway car shops___ 7 9, 731 +6.3 Various industries: Auto tires and tubes Brooms and brushes. Laundries Mercantile ___ 2 3 5 6 151 101 231 3,548 + 1.3 - 2 .0 —1 3 +31.8 Seeds Wholesale houses Commission houses Other ind ustries___ 3 24 10 7 451 1,232 340 1,201 13 + .7 -.9 - 2 .5 63 11, 135 + 7.6 318 57,074 + 3.3 [3681 T otal___ ________ Grand total 157 REPO ETS ON EMPLOYMENT— MARYLAND M a ry la n d rFH E commissioner of labor and statistics of Maryland furnished A the following report showing the changes in volume of employ ment and weekly pay rolls in Maryland from November to December, 1927. CH A N G ES IN E M P L O Y M E N T IN ID E N T IC A L E ST A B L ISH M E N T S IN M A R Y L A N D , i N O V E M B E R TO D E C E M B E R , 1927 Employment Industry Beverages and soft drink s..._________ __________ Boots and shoes___ _ __________________ _. . . . Boxes, paper and fancy________________________ Boxes, wooden___________ . . . . . . . . . . . ______ Brass and bronze_____________ . . . _______ . . _ Brick, tile, etc________ . . ___________________ Brushes____________________ ________________ Car building and repairing ___________ _______ Chemicals _____________________ . . . . . . . . . Clothing, men’s outer garments _______________ Clothing, women’s outer garments_________ _____ Confectionery___________ . . . ___ . . . . ____ Cotton goods___. . . . . . ____ _____ . _ . ... Fertilizer... . . . . . . . . . . . . . . __ _______ ____ Food preparations_______ . . ________ ____ _ Foundry ___________________ _______ . . . . Furnishing goods, men’s____ . . . ______. . . . . Furniture. _________________________________ . Glass manufacture..... .................................. . . _. . Ice cream.. ___________ . . . . . . . _____ . . . Leather goods________ . . . ______________ _____ Lumber and planing______ . . . . . . ____ . . . . . Mattresses and spring beds_____________________ Plumbers’ supplies_________ . . . . . . ______ _ ____ . . . P r in tin g _____________________ . Rubber tires 1____ . . . . . . . . . . . _________ Shipbuilding_____ ____________________ ____ _ Shirt manufacture __. . . . . .. ... ____ Silk goods_____________________________________ Stamping and enameling w a r e _____ . . . . . . Tinware____________ . . . -------------- ----------T ob acco_______ . _ . . . _______ ____________ Umbrellas------------ -----------------------------------------M iscellaneous.. ___________ . . ______________ 1 Half-monthly pay-roll period. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Pay roll Estab lishments Per cent Per cent report Number of change of change as com Amount, as com ing for of em December, both ployees, pared pared months Decem with No 1927 with No ber, 1927 vember, vember, 1927 1927 [3691 3 6 8 4 3 4 4 3 4 4 5 6 4 5 4 8 4 9 3 4 4 6 4 4 7 1 3 3 3 4 4 5 3 18 112 998 368 163 2,031 622 667 273 719 1, 481 750 897 1,395 535 136 923 755 822 765 247 500 390 186 1, 111 851 2, 392 656 459 383 994 2,718 338 331 4, 080 - 8 .2 -1 5 .5 -1 4 .7 + 1.8 - 7 .2 - 1 .9 + 1.0 -1 . 1 + 2 .2 +27.3 - 4 .8 -.7 - 1 .0 +1.1 -2 . 2 + 3.4 - 4 .8 - 1 .4 - 9 .7 -.5 - 1 .6 - 4 .0 + 1.0 + 2 .4 + 1.3 -.9 +24.4 + 2.1 - 2 .7 - 1 .1 -27. 1 + .6 $3, 080 15, 586 4,989 2,484 51, 030 14,489 10, 781 8,973 17, 856 29, 650 8,165 13, 767 20, 700 12, 802 3, 169 22, 416 10, 829 22, 070 16, 631 8, 288 10, 410 10,938 4. 941 29, 933 29,947 117, 338 16, 731 7, 224 5,918 18, 100 59, 620 5, 640 5,108 104, 415 - 3 .6 - 7 .2 -1 4 . 1 - 2 .7 -2 .8 - 5 .9 + 2 .5 -7 .4 +63.9 -1 6 .5 + 10.6 -1 .7 + 11.5 -5 .3 -.7 -3 .0 - 3 .9 + 6 .3 +.3 +13.5 - 3 .4 - 1 .5 +15.4 + 5 .0 -13. 8 +19.1 +11.3 + 11.5 - 9 .4 -.9 - 8 .9 -3 0 .8 + 2 .1 158 MONTHLY LABOR REV IEW N ew J e rsey '"THE New Jersey Department of Labor has furnished the following A data showing the changes in volume of employment and weekly pay rolls from October to November, 1927, in 844 establishments in that State : PE R C E N T OF CHA N G E IN N U M B E R OF E M PL O Y EE S A N D IN TO TAL A M O U N T OF W E E K L Y PA Y ROLL IN 844 N E W JE R SE Y E ST A B L ISH M E N T S, N O V E M B E R , 1927, COM P A R E D W ITH OCTOBER, 1927 Employees Weekly pay roll Per cent Per cent Number Amount ofaschange of plants Number ofaschange com com in N o in N o reporting pared pared vember, vember, with with 1927 1927 October, October, 1927 1927 Industry Food and kindred products: Baking___ _ _____________________________ Canning and preserving ____________________ Confectionery and ice cream_ _________________ Provisions. ____________________ _____ ___ Other food products__________________________ 16 8 7 3 12 1,406 4,167 400 1,295 2,906 + 0.4 -12. 2 + .2 - 1 .8 - 6 .9 $44, 819 88,854 8, 753 39, 828 80,888 + 0.6 - 5 .3 + .6 - .9 -1 0 .6 Total_____________ _______________________ 46 10,174 -7 .4 263,142 - 5 .3 3 29 15 37 6 17 9 9 57 18 10 1,233 4,141 7, 306 12, 282 1,009 4,006 849 2,051 8,436 10, 632 1,825 + 2 .2 + 1.5 39,482 79, 222 140, 690 317, 896 30,633 106,051 16,246 39, 769 207,872 284, 624 37,628 - 7 .3 - 3 .6 - 3 .4 + 9.3 +20.6 - 2 .2 - 4 .1 - 2 .2 + .1 -.4 - 1 .8 210 53, 770 + 1.9 1, 300,113 + 1 .2 6 28 79 7 8 21 3,263 20,186 16, 918 882 827 3,469 -.8 - 2 .9 - 3 .2 - .3 - 7 .4 + 2.7 85,002 541,138 467, 585 25,123 25,068 97,180 - 4 .9 - 2 .8 - 7 .1 -.3 - 5 .2 + 5.9 13 10 3, 683 1,665 - 5 .5 + 5.4 102,470 51,060 - 8 .6 + 8.5 172 50,893 - 2 .5 1,394, 626 - 4 .0 5 13 1,312 682 +5.1 - 3 .8 40,189 18,809 + 9.3 - 7 .4 18 1,994 + 1 .9 58,998 + 3.4 6 21 4 1,017 3,331 531 - 1 .1 + 3 .6 +2. 5 23, 370 94, 422 15, 359 - 2 .9 - .9 + 8.6 Textiles and their products: Carpets and rugs......................................................... Clothing___ _____ ___________________________ Cotton goods_______________ _________________ Dyeing and finishing textiles _ ___________ _ Hats and caps__________ . ________________ _ Hosiery and knit goods____ _ ____________ Millinery and lace___ __ . __________ _ _ Shirts and collars____________ _____________ Silk goods____________ . _ __ ___________ Woolen and worsted goods___ . ________ Miscellaneous textile products_______________ Total_____________________________________ Iron and steel and their products: Cast-iron pipe________ . _____________ ___ ElectricaLmachinery, apparatus, and supplies . Foundry and machine shop products______ _____ Hardware_____ . . . __ . . . ________ Iron and steel forgings... . . . _ ____ . _ _____ Machine tools_____ _ ______ _______ Steam fittings and steam and hot-water heating apparatus_____________________ _ Structural-iron work......... .............. ............. Total___________________________________ . . Lumber and its products: Furniture ____ _ _______ . Lumber and millwork_______________ Total____________________________________ Leather and its products: Boots and shoes_____________________ . . . ____ Leather____ _ __ ........... Leather products________________________ Total____ __________________________ + 7.4 -5 .1 + 2.3 + 1.2 + .1 + .3 -.2 - 2 .0 31 4,879 +2. 5 133,151 - .3 Tobacco products_______________________ 12 3,808 - 2 .2 70,932 - 2 .7 Paper and printing: Paper and pulp________________ _____ Paper boxes __________________ _____ Printing, book and jo b .. ___ Printing, newspaper ___________ . . . . 22 18 12 10 4, 206 1,578 2,549 2,080 + 2 .2 +17.3 +2.1 116,437 33,161 97,333 87, 204 + .3 +7.1 +45.7 + 1.5 62 10, 413 + 5 .2 334,135 +11.5 Total_______ ___________ __________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 7 0 ] 159 REPORTS ON EMPLOYMENT— N EW JE R SEY PE R C E N T OF CHANGE IN N U M B E R OP E M P L O Y E E S A N D IN TO TAL A M O U N T OF W E EK LY PA Y ROLL IN 844 N E W JE R SE Y E ST A B L ISH M E N T S, N O V E M B E R , 1927, COM P A R E D W ITH OCTOBER, 1927—Continued Weekly pay roll Employees Per cent Per cent Number of change of plants Number as com Amount ofaschange com in N o reporting in N o pared pared vember, vember, with with 1927 1927 October, October, 1927 1927 Industry Chemicals and allied products: C hem icals,......... ......... ............................................. Explosives. ________________________________ Oils and greases. . . . ________________________ Paints and varnishes_________________________ Petroleum refining......... .............. ............................ 42 6 9 13 *8 9,117 2,445 1,547 1,689 13, 602 Total_____________________ ■________________ 78 Stone, clay and glass products: Brick, tile, and terra cotta........................................ Glass________________________ ___________ ___ Pottery____ _______ _____________________ Other products__________________ ______ _____ + 1 .8 +• 1 + 6.5 + .2 - 2 .7 $260,988 72,061 42, 256 49, 567 453,017 + 3.6 +L7 + 3.6 - 2 .3 - 3 .7 1 28, 398 -.4 877, 889 -.8 26 7 19 2 3,993 3,241 3, 970 993 -.8 + 5 .5 - 2 .5 + .9 116, 991 72,112 113,683 36,140 - 3 .5 + 5.9 -1 0 .0 - 2 .1 54 12,197 + .4 338,926 - 3 .9 M etal products, other than iron and steel: Brass, bronze, and copper products........................ Sheet-metal and enamel ware Smelting and refining______________ ____ _____ Wire and wire goods_________________________ 10 21 9 14 582 4, 526 3, 763 7, 277 - 7 .5 -.2 —. 5 17,495 125,875 118,993 192, 214 -1 0 .1 + 3.3 - 1 .4 - 8 .0 T otal_______________ _____ ________________ 54 16,148 -.6 454, 577 - 3 .5 Vehicles for land transportation: Automobiles and parts ........................................... Car building and repairing, steam railroad_____ 13 9 5,874 4,741 -1 .3 -.7 182,112 147, 374 - 5 .1 + 1.3 22 10,615 -1 0 329,486 - 2 .4 5 1,510 3,824 943 8,743 8, 812 4,836 3,177 + .3 - 1 .5 36,703 134,063 18,902 270,184 217, 704 151, 853 94,139 -3 .2 + .7 -1 .7 + .8 -1 0 .9 -1 9 .4 -2 .2 Total_____________________ ______________ _ Total____________ ______ ________________ Miscellaneous industries: Cork and cork specialties.. ....................... ................ Jewelry and novelties___________ _____ ________ Laundries. _____ ___________________________ Musical instruments_____ ____________________ Rubber tires and goods_______________________ Shipbuilding . . . _ ___ __________________ M iscellaneous________________________ ______ _ Total_________ _ . . . . . . . . . _______ ____ _ Grand total, all industries............ ..................... i As given in the report; not the correct sum of the items. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 7 1 1 28 8 3 28 6 7 85 31,845 844 235,134 + 1.5 - 1 .0 -1 7 .4 - 3 .0 - 3 . 2 1 915,548 -.8 6,471,523 - 6 .5 - 2 .0 160 m onthly labor r e v ie w N ew Y ork TTHE following statistics of changes in number of employees and in amount of weekly pay rolls were furnished by the New York State Department of Labor. The figures are based on reports from a fixed list of about 1,600 factories, having in November 475,571 employees, the total of the weekly pay rolls for the middle week of November being $13,670,997. P E R C E N T OF C H A N G E IN E M P L O Y M E N T A N D IN PA Y ROLLS IN N E W YORK ST A T E FA C T O R IE S IN N O V E M B E R , 1927, C O M PA R E D W ITH N O V E M B E R , 1926 A N D O C T O BER , 1927 Per cent of change % October, 1927, to November, 1927 Industry Stone, clay, and glass_________ Miscellaneous stone and minerals Lime, cement, and plaster Cement ___________ Brick, tile, and pottery______ Brick................. . Pottery_________________ Glass...................... . . Metals and machinery___ _ Silver and je w e lry ____ _ Brass, copper, and aluminum ________ Iron and steel____ Structural and architectural iron Sheet metal and hardware___ Hardware____ Stamped and enameled ware Firearms, tools, and cutlery____ Cutlery and tools____ . Cooking, heating, and ventilating apparatus.. Steam and hot-water heating. Stoves___________ Machinery, including electrical apparatus. Agricultural implements_______ Electrical machinery and apparatus Foundries and machine shops Automobiles, carriages, and airplanes Automobiles and parts. Railroad equipment and repair. Locomotives and equipm ent.. Railway repair shops__ _ Boat and ship building... Instruments and appliances____ Wood manufactures.. Saw and planing mills__ _______ M illw ork.. Sawmills__________ Furniture and cabinet w o r k ____ Furniture_________ Pianos and other musical instruments Miscellaneous wood, e tc ... Furs, leather, and rubber goods______ Leather___ ___ Furs and fur goods_____ Shoes_____ ______ Other leather and canvas goods Rubber and gutta-percha . Pearl, horn, bone, etc____ _ Chemicals, oils, paints, etc . . Drugs and chemicals______ Paints and colors________ Oil products . . . _____. . . Petroleum refining______ . . . Miscellaneous chemicals_________ _ Paper____ ____ _____ 1 Change of less than one-tenth of 1 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [3 7 2 ] November, 1926, to November, 1927 Em ployees Pay rolls Em ployees - 2 .7 + 1.3 - 8 .4 o f “ -1 1 .4 —£ 3 Pay rolls -1 0 7 iy. 0 y. / .y .0 y. y y. 0 - 6 .9 s 7 10.0 +15.3 7/. 9Z -f-o. O kn lo. 1 10 / - \- z . - 1 .4 +• 4 - 3 .3 - 3 .6 - 1 .6 - 6 .2 - 8 .6 - 3 .8 +L9 0) - 2 .6 +19.' 1 - 7 .4 a 0) - 1 .3 - 1 .4 - 5 .3 - 2 .4 -1 2 .9 -1 3 .2 -1 0 .5 —L 7 + 7.3 - 5 .7 + 4.4 - 6 .4 - 3 .4 9 - ¿ 0 + 1.1 +. 9 -3 . 3 -1 5 .0 +2.6 +24.8 + .9 - 1.6 - 3 .7 - 5 .2 0 ) - 2 .8 - 4 .0 -2 0 .2 + 3.4 +50. 0 - 1 .9 -3 . 1 - 3 .8 - 4 .2 - 3 .0 4 .2 1 - 7 .6 T. O - 2 .4 -16. 5 - 4 .4 - 4 .4 -13. 1 -24. 5 - 7 .4 - 1 .3 - 1 .9 -13. 5 9 ^ - 1 .7 + . 2 + . 2 - 4 .2 - 5 .6 (0 -3 . 7 - 2 .6 - 5 .8 - 4 .8 - 10 .5 5 .1 -1 5 .3 - 5 .6 -4 .0 - 2 .4 + 1.0 4 -. 1 -. 1 g —3! 9 g +L9 2 9 - - - 2 .6 9 —¿ 8 - 4 .1 + .4 - 1 .7 0) -2 . 5 +2. 1 - 2 .3 0) - 1 .8 - 1 .9 -.8 + 5 .0 + 4 .2 - 2 .8 No change. 9 4 .8 2 1.2 - 6 .2 a0 . 7/ -1 3 .7 -2 9 .9 - 5 .9 +14.4 -6 8 11 9 11. O . 1K Q I /. O 9 ^ _Ai±. QO .y -1 9 .2 a R fi n 10 13 7 + . 9 -1 4 .7 - 5 .0 - 5 .0 -1 . 1 7 -0 6 O. 0 1. / -1 1 .9 - n 8 .0 + . 2 11 1 - 5 .1 + 1.3 -4-1h 9^ T 0) 13 - 5 .7 + 4.8 - 3 .1 161 REPORTS ON EMPLOYMENT— N EW YORK P E R C E N T OF CHA N G E IN E M P L O Y M E N T A N D IN P A Y ROLLS IN N E W Y OR K ST A T E FAC TO R IES IN N O V E M B E R , 1927, C O M PA R E D W ITH N O V E M B E R , 1926, A N D OCTOBER, 1927—Continued P e r c e n t of c h a n g e O c to b e r, 1927, to N o v e m b e r , 1927 In d u stry Em p lo y e e s P r in tin g a n d p a p e r goods _______________________________ P a p e r b o x e s a n d t u b e s ...................................................... .......................... M is o e lla n e o iis p a p e r g o o d s ______________________ P r i n t i n g a n d b o o k m a k in g ___________ _________ -________________ ______ P r in t in g , n e w s p a p e r s P r in t in g , h o o k a n d jo b ________________________ T e x tile s __ __ _ _______________________________ _________________________ S ilk a n d s ilk g o o d s _______________ W o o l m a n u f a c tu r e s C a r p e ts a n d r u g s __________ __________ W o o le n s a n d w o r s te d s ______ ____________________ C o t to n g o o d s _ ____________________________ K n i t g o o d s (except* s ilk ) _ _ _________________ _____ O t h e r te x tile s __ __________________________ D y e i n g a n d f in is h in g ___________ ___________ C lo th i n g a n d m il li n e r y _ _____________________________ M e n ’s c lo th in g ________________ ____________ M e n ’s f u r n is h in g s _ _____________________ - --------S h i r t s a n d e o lla rs _ _________ _________ W o m e n ’s c lo th in g __ ________________________ W o m e n ’s u n d e r w e a r __ __ ____ - - ---------W o m e n ’s h e a d w e a r ____ ______________ _________ M is c e lla n e o u s s e w in g _____ ________ _________ L a u n d e r i n g a n d c le a n in g _ __________________________________ P o o d a n d to b a c c o _ ___ ____________________________ ____ P l n n r , fe e d , a n d c e re a ls _ _ _ ____ ______ F lo u r - __________ _______ __________ C a n n i n g a n d p r e s e r v in g _ ____________________________ O t h e r g ro c e rie s _____________________________ S u g a r r e f in in g ________________ _________ M e a t a n d d a ir y p ro d u c ts _ _____________________________ M e a tp a c k in g _ _ __________________ -P a k e ry p ro d u c ts _ _______________________________ C andy _ _________ __________________________ L e v e ra g e s .. ___________________________ T obacco ______ __ ____ ______ — "W ater l ig h t, a n d p o w e r _ . _ _ _ __ ____ ______________ T o ta l _ _ i C h a n g e o f less t h a n o n e - t e n th o f 1 p e r c e n t. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [373] P a y ro lls N o v e m b e r , 1926, to N o v e m b e r , 1927 Em p lo y e e s - 1 .4 - 7 .2 - 4 .2 + 1 .0 - .4 - 1 .7 + 1 .7 + 1 .4 + 1 .9 + .1 + 4 .4 + .1 + 1.2 +. 1 - 2 .6 - .7 (') 0) - 4 .8 - 1 1 .7 + 1 .0 + .7 - 3 .4 + 1 .7 - 7 .7 - .2 + 1 .6 - 5 .1 - 2 .7 - 2 .9 - 4 2 .3 - 3 .3 - 4 .0 + 1 .0 + 1.8 - 2 .6 (2) - 1 5 .6 - .5 + .2 + 2 .0 - 1 .4 - 1 .3 + 2 .8 + 1 .7 + 3 .0 - 2 .6 + 3 .2 - 1 .2 - .9 - .2 - 7 .8 - 4 .4 - 3 .8 - 2 .0 - 9 .3 - 1 4 .7 + 1 .4 - 1 .9 - 1 3 .8 (>) - 1 4 .2 + 5 .4 + .5 + 7 .0 - 2 .0 - 1 .0 + 2 .8 - 1 .4 + 2 .4 -1 5 . 4 - .2 - .9 - 3 .4 - 1 .0 - 5 .1 - 9 .2 - 7 .3 - 8 .1 + 8 .4 -2 2 . 9 - 1 .0 - 9 .8 + 8 .0 -2 . 1 - 7 .3 - 7 .6 -2 5 . 7 + 8 .7 + 1 9 .4 + .3 + 1 .0 + 1 .2 - 1 2 .8 -. 1 - .3 + 1 .1 - 1 .9 - 3 .7 - 4 .8 - 1 0 .0 - 1 .0 + 1 .4 - 2 .9 + 3 .6 + 2 .4 - 3 9 .3 - 4 .2 - 3 .4 + 2 .0 + 2 .7 1 N o change. P a y ro lls + 0 .6 - 8 .4 - 5 .8 + 2 .3 + 1 0 .6 - 1 .0 - 3 .2 + 3 .6 - 4 .0 - 1 .9 - 1 2 .9 - 5 .2 - 1 .3 - 6 .7 - 4 .6 - 3 .5 - 1 0 .0 - 6 .6 - 5 .5 +12. 1 - 2 2 .4 - 2 .4 - 6 .4 + 8 .3 - 1 .1 - 3 .3 - 3 .1 - 2 3 .2 + 2 .6 + 7 .2 + 1 .8 + 2 .7 + 1 .2 - 7 .4 + .4 - .4 + 1 .3 - 6 .1 162 MONTHLY LABOE R EV IEW P e n n s y lv a n ia bureau of statistics of the Department of Labor and Industry of Pennsylvania furnished the following report on changes in employment, in weekly man-hours and in weekly pay-roll totals in Pennsylvania from November to December, 1927: ^ E R C E N T OF CHANGE IN N U M B E R OF E M PL O Y EE S, IN TOTAL W E E K L Y MAW B E T ^ ^ eS ! ^ £ £ P E N N SY L V A N IA E ST A B L ISH M E N T S Number of wage earners Industry N um ber of Per cent plants Week of change report ending as com ing pared Dec. 15, with N o 1927 vember, 1927 Metal products: Blast furnaces. Steel works and rolling m ills. Iron and steel forgings______ Structural-iron work_________________ Steam and hot-water heating apparatus. Foundries__________ Machinery and parts, Electrical apparatus. Engines and pumps. Hardware and tools______ Brass and bronze products. Jewelry and novelties. T otal. 2,073 38,428 1,312 961 3,458 6, 693 6, 791 3, 224 2,719 4,404 440 1,155 167 Total. 33 Textile products: Cotton goods. Woolens and worsteds. Silk goods. Textile dyeing and finishing. Carpets and rugs. Hosiery_________ Knit goods, other. Total. Foods and tobacco: Bread and bakery products. Confectionery_____________ Ice cream______________ ’ Meat packing____________ 1 Cigars and tobacco________ Total. Stone, clay, and glass products: Brick, tile, and pottery... Cement__________________ G lass...................... T otal. Lumber products: Lumber and planing mills. Furniture_______________ Wooden boxes_________ Total. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Week ending Dec. 15, 1927 110, 296 1, 723, 303 66, 750 44, 266 137, 307 303, 573 328, 494 153, 092 114,813 200, 278 21, 494 57, 440 Per cent of change as com pared with N o vember, 1927 + 8.0 -.3 Total weekly pay roll: Per cent of change, Novem ber to Decem ber, 1927 + 8.1 +. 1 +.4 + 9 .2 -1 2 .4 + 4.1 + 3 .9 + 4 .6 -1 3 .4 + 6.9 + 3.7 + 3.3 +.5 3, 261,106 + 1.0 + 1.1 3, 756 5, 835 5, 543 2,460 2,109 180, 587 327, 329 249, 758 95, 788 92,403 +14.0 + 9.6 - 5 .3 + 3 .7 +14.1 2.6 - 1 .5 19,703 945, 865 + 4 .2 + 4 .2 1,486 3,005 10, 919 763 1,808 1, 664 1,186 74,119 150, 846 524, 202 35, 391 89, 640 82,130 59, 201 71,658 Transportation equipment: Automobiles_______________ Automobile bodies and parts. Locomotives and cars. Railroad repair shops. Shipbuilding. Total weekly man hours 2.1 +10.0 - 11.8 + 6 .9 + 4 .5 + 5.6 -1 3 .5 + 6.5 + 2.2 -.9 - + 8.8 -7 .2 + 8.8 67 20, 831 + 1 .8 1, 015, 529 + 4.1 + 5.3 17 5 7 8 5 1,516 1,977 658 1, 226 207 + .3 .0 - 3 .1 +• 1 -4 .2 78, 076 86,083 40,007 63,357 7, 787 + 2 .2 - 9 .5 + .5 -.4 - 6 .2 + 1 .0 - 8 .0 - 1 .6 - 2 .6 - 7 .6 42 5, 584 - .4 275, 310 - 2 .8 - 3 .1 17 7 13 2,835 3,296 4,220 -5 .2 - 6 .8 - 3 .3 126, 223 187,463 164, 502 - 8 .3 - 7 .5 -1 8 .4 - 9 .1 - 8 .2 -2 0 .6 37 10, 351 - 5 .0 478,188 -1 1 .8 -1 3 .5 15 16 4 1,043 1,420 222 -2 .2 +10.4 -1 7 .2 47, 590 67, 326 10, 667 -2 . 7 + 8 .8 -1 9 .8 - 3 .0 +13.7 -1 9 .0 35 2,685 + 2 .5 125, 583 + 1 .2 +4.1 [374] 163 REPORTS ON EMPLOYMENT— W ISCONSIN P E R C E N T OF CHA N G E IN N U M B E R OF E M PL O Y EE S, IN TO TAL W E EK LY M A N HOURS A N D IN W E EK LY PA Y ROLLS, IN 489 PE N N SY L V A N IA E ST A B L ISH M E N T S B E T W E E N N O V E M B E R A N D D E C E M B E R , 1927—Continued Number of wage earners N um ber of plants Week report ending ing Dec. 15, 1927 Industry Construction and contracting: Buildings___ _________ Street and highway_________________ General________________ . T otal_______________ Per cent of change as com pared with November, 1927 Total weekly man hours Week ending Dec. 15, 1927 Per cent of change as com pared with November, 1927 Total weekly pay roll: Per cent of change, Novem ber to Decem ber, 1927 16 3 8 1 ,2 7 1 973 1,617 -1 5 .4 -4 2 .4 -9 . 8 49, 640 48, 730 84,018 -12. 3 -5 0 .3 -1 0 .1 - 9 .8 -5 1 .4 -1 4 .0 27 3,861 -2 2 .5 182, 388 -2 6 .5 -2 6 .9 Chemical products: Chemicals and drugs.. __________ . Paints and varnishes, _________. . . 11 6 801 929 + 1 .0 - 4 .5 47, 209 46, 905 + 1 .4 - 2 .7 + 1 .0 - 2 .4 T otal______ ____ __________________ 17 1, 730 - 2 .0 94,114 -.7 -.8 Leather and rubber products: Leather tanning... . . _ _____________ Shoes _______ _ ................. Leather products, other ................. . Rubber tires and goods__ __________ 9 11 4 4 2,138 1, 789 198 939 - 3 .0 -. 1 —1.0 + 2 .3 106, 540 82, 691 9,163 47, 691 - 3 .9 + 1 .2 -4 . 7 +19.1 - 3 .5 —6. 2 - 4 .2 +20.2 28 5, 064 - 1 .0 246,085 + 1 .6 + .5 8 3 25 2,607 211 1,621 + .7 - 1 .9 + 1 .2 143, 767 10, 728 76, 442 + 1.1 —1. 0 + 2 .5 + 2 .0 —5.1 + 2.4 T otal____________ Paper and printing: Paper and wood p u lp .. . _______ Paper boxes and bags_____ _ ________ Printing and publishing _____ Total _____ _____ _ _ . ____ Grand total, all industries__________ 36 4,439 + .7 230, 937 + 1 .5 + 2 .0 489 145, 906 - 2 .0 6,855,105 —. 3 —.3 W isc o n sin '"THE November, 1927, issue of the Wisconsin Labor Market, issued by the State industrial commission, contains the following data showing changes in number of employees and in amount of weekly pay rolls in Wisconsin industries in October, 1927: P E R C E N T OF CHA N G E IN N U M B E R OF EM PL O Y EE S A N D IN TOTAL A M O U N T OF PA Y ROLL IN ID E N T IC A L E ST A B L ISH M E N T S IN W ISCONSIN FROM OCTOBER, 1926, A N D SE P T E M B E R , 1927, TO OCTOBER, 1927 Per cent of change Industry September, 1927, to October, 1927 October, 1926, to October, 1927 Employ Pay roll ment Employ Pay roll ment M anual A griculture--....................................... ..................... L ogging__________________________ Mining _______________________ Lead and zinc__________________ __________ Iron . _______ _ ________ _ Stone crushing and quarrying-- _ . ...................... _ _ ______ Manufacturing.. _ _ . ________ ___________ Stone and allied industries _ _______ Brick, tile, and cement blocks.-, ________ _ Stone finishing......................................... ................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [375] .0 —6. 3 —1. 8 +• 4 —6.9 -3 .0 —1.1 -6 . 6 —17. 0 -.2 - 7 .3 - 7 .5 16 —1. 9 —1.1 -3 . 0 —1.1 —2. 2 —22. 9 + 7 .4 + 5 .3 +18.5 -1 .7 + .9 -7 .4 +25.3 —3 3 +10.8 —9 3 +25. 1 + 6 .2 - 4 .9 -1 .0 -.12. 8 +52.2 -7 .8 + 5 .7 -1 3 .6 +14.2 164 MONTHLY LABOR R EV IE W P E R C E N T OF CHA N G E IN N U M B E R OF E M PL O Y EE S A N D IN TO TAL A M O U N T OF PA Y ROLL IN ID E N T IC A L E ST A B L ISH M E N T S IN W ISC ON SIN FROM OCTOBER, 1926, A N D SE PT E M B E R , 1927, TO OCTOBER, 1927—Continued Per cent of change Industry Manufacturing—Continued. Metal ____________________________________ Pig iron and rolling-mill products _______ Structural-iron work ________________________ Foundries and machine shops _ ______ ________ ____ _______ __________ Pail road repair shops Stoves ______ _ _________ -- ___________ Aluminum and en am elw are _ _ ______________________ ___________ Machinery Automobiles _______________________ _________ Other metal products ___________ _______ Wood ______ - _______________ Sawmills and planing mills _ ____ Box factories _ _______ _____________________ Panel and veneer mills ________ Furniture ________ _________ Sash, door, and interior finish _ ________ _________ Other wood products _ ____ ______ __ ______ __ Rubber _______________ -- -____ - ___ Leather _ ______________ Tanning _ ____________ _ _ _ ____ Boots and shoes _________________ _____ Other leather products _ __ ________ _________ Paper _____________ _____ ___ ___ Paper and pulp mills _ ______ _______ -Paper boxes _______ ___ ___ _____ ______ -- -Other paper products _ ________________ _ _____________ - __ Textiles __ __ Hosiery and other knit goods _ __ ______ - -Clothing _____ _ _ -Other textile products __________ __________________ Foods ___ _ __ _- __- - _____ ____ M eatpacking _______ _ _ _ _ _ _ _ Baking and confectionery _______________ ______ Milk products _____ __ __ __ __Canning and preserving Flour mills _ ______ - ____________ Tobacco manufacturing ___ __ _ _ _ Other food products _ ____ __ _ _ _ _ ______ _ ______ - _____ - Light and power Printing and publishing _ ____ ____ _ ___________ Laundering, cleaning, and dyeing __ _ _______ Chemical (Including snap, glue, and explosives) _________ Construction: Building ___________ - ___________ ___ Highway ____________ ___ _______ ______ Railroad _ _____ _____ - - ___ ___ Marine, dredging, sewer-digging. ____________________ Communication: Steam railways ____________________ _________ Electric railways ________ ___ _________________ ____ Express, telephone, and telegraph_______ _______________ Wholesale trade ______________ __ _____ _______ Hotels and restaurants _ ________________________ September, 1927, to October, 1927 October, 1926, to October, 1927 Employ Pay roll ment Employ Pay roll ment -3 . 6 - 2 .9 + 4 .3 -.6 -. 5 + 5.5 + 2 .8 -5 . 2 -1 3 .0 - 4 .4 + •4 - 5 .4 - 4 .5 + 2 .2 + 5.4 -.7 + 9.9 +5. 6 +1. 1 + 1.4 + .7 + 1.4 + .4 + .9 + .3 - 1 .5 + 2 .5 + 5.6 - 3 .0 +4.7 - 2 .9 - 5 .0 + 3 .2 +12.7 -2 4 . 6 +41.7 + 3.9 -.9 -5 .0 -.8 +. 2 + 6.5 - 6 .9 + 2 .8 + 3 .2 + 1 .5 + 2 .3 + 10.3 +9. 1 - 2 .3 -4 1 .9 + 1.3 + 6.1 - 4 .7 +■5 +10.8 + 15. 6 +6. 0 +20.4 + 8.5 + 4 .0 + 9.8 - 1 .4 + 6 .9 -.6 - 1 .3 + 3 .4 .0 + 7 .2 +16.0 -3 .4 + 4 .8 -3 .4 - 8 .0 + 2.1 - 6 .7 -2 4 .1 +56.7 +3. 0 + 4.1 - 4 .9 + 2.4 + 2 .6 + 3 .6 -1 1 .5 -2 1 . 2 - 2 .4 - 9 .5 - 3 .7 - 7 .5 + 2 .3 - 3 .9 -2 7 .5 -1 5 .5 -4 .6 - 8 .9 -1 7 .7 -1 5 .6 + 2 .5 -2 .2 + 5 .0 +32.1 -1 6 .5 -3 2 .3 -2 0 .3 +12.2 + 1.3 + 1.0 - 5 .0 + 8.3 +10.3 +10.3 +13.8 + 2.3 + 7 .6 + 5.5 + 1.9 -6 .0 +84.7 - 4 .0 + .9 - 4 .4 + 2.1 + 4 .0 + 4.7 - 4 .1 -1 9 .7 -2 6 .9 - 6 .9 -1 6 .8 -2 .3 -9 .5 +■ 1 -1 0 .0 -4 8 .5 -2 0 .4 -4 .6 -7 .8 -2 3 .3 - 1 5 .0 + 1 .9 -.8 -4 .1 +40.9 -1 8 .4 -3 2 .4 -2 1 .5 +15.5 -1 .5 -3 .0 - 4 .3 + 9 .3 +11.7 +11.3 +15.3 + 4 .2 + 3 .3 +15.9 -.8 - 9 .4 +31.8 +5. 2 —2.2 -3 .2 + 4 .5 + 6 .3 - 1 .1 -1 2 .9 - 6 .6 -1 1 .0 - 2 .3 -1 2 .7 - 4 .2 -1 2 .2 - 3 .5 -1 8 .2 - 6 .4 + 6.5 +18.1 +99.0 +19.9 +121. 6 + 3.4 - 4 .5 - 6 .7 + 5 .2 - 2 .1 + 6 .1 -3 .4 -4 .3 +17.8 + 8 .5 - 1 .2 + 6.7 + 1.7 -6 .0 +16.7 + 2 .3 + 6 .6 -1 .2 +• 1 + 2 .6 -. 1 + .5 + 4 .6 -. 2 + .2 -.8 + 5 .0 -3 .8 -1 . 1 + 5 .5 + 5 .2 + 3 .0 +10.6 +1. 0 + 5.8 +16.7 +9. 6 + 3 .3 + 4 .8 +13.6 + 2 .8 + 5 .6 + 9 .4 + 4 .7 + 3.7 N onm anual Manufacturing, min as, and quarries __ _ ________ ______ Construction _ _ __________ __ _ ________ ____ _ Communication ____________________________ - _____ Wholesale trade _____ _ ______ - - Retail trade—sales force only ______ ________ _ . _____ Miscellaneous professional services _ _________________ _ __ Hotels and restaurants _____________________ __________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [376] .............. 1 WHOLESALE AND RETAIL PRICES Retail Prices of Food in the United States H E following tables are compiled from monthly reports of actual selling prices 1 received by the Bureau of Labor Sta tistics from retail dealers. T Table 1 shows for the United States retail prices of food on De cember 15, 1926, and November 15 and December 15, 1927, as well as the percentage changes in the year and in the month. For ex ample, the retail price per pound of bacon was 49.6 cents on December 15, 1926; 46.3 cents on November 15, 1927; and 45.3 cents on Decem ber 15, 1927. These figures show decreases of 9 per cent in the year and 2 per cent in the month. The cost of the various articles of food combined shows a decrease 3.6 per cent on December 15, 1927, as compared with December 15, 1926, and a decrease of 0.3 per cent on December 15, 1927, as com pared with November 15, 1927. of T able 1 .—AVER A G E R E TA IL PR IC ES OP SP E C IFIE D FOOD A R TIC LES A N D PE R C E N T OP IN C R E A SE OR D E C R E A SE D E C E M B E R 15, 1927, C O M PA R ED W ITH N O V E M B E R 15, 1927, A N D D E C E M B E R 15, 1926 [Percentage changes of five-tenths of 1 per cent and over are given in whole numbers] Average retail price on— Article U nit Dec. 15, 1926 N ov. 15, 1927 Dec. 15, 1927 C e n ts C e n ts C e n ts Per cent increase (+ ) or decrease ( - ) Dec. 15,1927, compared with— Dec. 15, 1926 N ov. 15, 1927 Sirloin steak. Round steak Rib roast___ Chuck roast. Plate beef__ Pound ___ do. ___ do. ___ do. ___ do. 40.7 35.3 30.2 22.7 14.9 43.5 37.8 31.9 24. 5 16.2 43.9 38. 2 32.4 25. 1 16.7 +8 +8 +7 + 11 +12 +1 +1 +2 +2 +3 Pork chops.. Bacon______ Ham _______ Lamb, leg of. H e n s ........... .do .do. .do. do. 37. 2 49.6 57. 1 37.7 37.2 36.3 46.3 53.0 37.6 35.6 32.8 45.3 51.9 37.5 35.7 -1 2 -9 -9 -1 -4 -1 0 -2 -2 - 0 .3 + 0.3 ____do_______ Quart............... 15-16 ounce can Pound.......... . ____do_______ 34.1 14. 2 11.4 59.3 29.6 34.8 14. 2 11. 5 56.4 27.9 35.0 14.3 11.5 58.4 27.9 +3 + 1 + 1 -2 -6 ____do_______ ____do_______ ____do_______ Dozen_______ ____do_______ 37.4 20.4 25.4 65. 2 46.9 Salmon, canned, red............................ Milk, fresh_____ ______ _______ ___ Milk, evaporated________________ B utter______________________ ____ Oleomargarine (all butter substi tutes). Cheese.____________________ _____ Lard____________________________ Vegetable lard substitute__________ Eggs, strictly fresh ................... .......... Eggs, storage_____________________ .d o . +1 +1 0 +4 0 38. 6 39.0 +4 +1 19. 5 19. 2 -6 -2 25. 1 25. 2 -1 + 0 .4 61.7 59.6 -9 -3 43.8 42.9 -9 -2 1 In addition to retail prices of food and coal, the bureau publishes the prices of gas and electricity from each of 51 cities for the dates for which these data are secured. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [377] 165 166 MONTHLY LABOR R EV IEW T able 1 .—AVER A G E R E T A IL PR IC ES OF S P E C IF IE D FOOD A R TIC L ES A N D P E R C E N T OF IN C R E A SE OR D E C R E A SE D E C E M B E R 15, 1927, C O M P A R E D W ITH N O V E M B E R 15, 1927, A N D D E C E M B E R 15, 1926—Continued Per cent increase (+ ) or decrease ( - ) Dec. 15,1927, compared with— Average retail price on— Article U nit Dec. 15, 1926 N ov. 15, 1927 Dec. 15, 1927 C e n ts C e n ts C e n ts Dec. 15, 1926 N ov. 15, 1927 1 o o o 0 Bread,_______________________ Pound Flour. _ __________ _ do Corn meal _ _ _ _ _ _ _ _ _ _ _ do Rolled oats_______________________ __ do Corn flakes. ____________________ 8-ounce p k g ... 9. 4 5. 6 5.1 9.1 10.9 9. 3 5. 4 5. 2 9. 0 9.7 9 2 54 5 2 9 0 9.7 Wheat cereal_____________________ 28-ounce pkg__ Macaroni. _______ _ _ Pound Rice _______________ ___________ ___do Beans, navy ___________________ _ do ___________ __________ __ do _ Potatoes. 25.4 20. 2 11. 2 9. 3 4. 0 25. 5 20. 0 10. 4 9. 5 3.0 25.5 20 0 10 3 9 5 3. 0 + 0 .4 1 —8 +2 —25 0 o —1 o o Onions________________________ _ ___do Cabbage. _ _____________________ __ do Beans, baked _____________ __ No. 2 can Corn, canned ________________ __ do Peas, canned_____ _____________ __ do 5. 0 4. 2 11. 7 16. 2 17. 3 4. 8 3. 7 11. 5 15. 7 16. 6 4 3 11 15 16 7 8 4 7 7 —6 —10 —3 —3 —3 —2 +3 1 o +1 Tomatoes, canned______________ _ __ do Sugar _ _ ___________ ________ Pound T ea. _ ._ _____________________ __ do Coffee. ________ _ __ ______ _ _ do 12. 2 7. 3 76.9 50. 7 11. 8 7. 2 77. 5 47 8 11 8 7 1 77. 3 48 1 —3 —3 +1 —5 o 1 0 3 +1 Prunes. ___________________ . Raisins__________________________ Bananas. ______________________ Oranges________________________ 16 2 14. 4 34. 9 49.3 14 1 13 8 34 4 53.2 13 8 13 7 34 8 52.3 15 5 0 3 +6 2 1 +1 2 -0 .3 - 3 .6 do __ do Dozen __ do Weighted food index______________ —2 —4 +2 —1 -u Table 2 shows for the United States average retail prices of specified food articles on December 15, 1913, and on December 15 of each year from 1921 to 1927, together with percentage changes in December of each of these specified years, compared with December, 1913. For example, the retail price per pound of lard was 15.8 cents in December, 1913; 15.9 cents in December, 1921; 17.5 cents in December, 1922; 18.9 cents in December, 1923; 22.1 cents in December, 1924; 22.6 cents in December, 1925; 20.4 cents in December, 1926; and 19.2 cents in December, 1927. As compared with December, 1913, these figures show increases of 1 per cent in December, 1921; 11 percent in December, 1922; 20 per cent in December, 1923; 40 per cent in December, 1924; 43 per cent in December, 1925; 29 per cent in December, 1926; and 22 per cent in December, 1927. The cost of the various articles of food combined showed an increase of 50.0 per cent in December, 1927, as compared with December, 1913. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [378] 167 RETA IL PR IC ES OF FOOD T a b l e 2 — A V ERAGE R E TA IL PRIC ES OF SP E C IFIE D FOOD A R TIC L ES A N D PE R C E N T OF INC R E A SE D E C E M B E R 15 OF C E R T A IN SP E C IF IE D Y E A R S C O M PA R ED W ITH D E C E M B E R 15, 1913 [Percentage changes of five-tenths of 1 per cent and over are given in whole numbers] Average retail price on Dec. 15— Unit Article Per cent of increase Dec. 15 of each specified year com pared with Dec. 15, 1913 1913 1921 1922 1923 1924 1925 1926 1927 1921 1922 1923 1924 1925 1926 1927 Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Sirloin steak _ __________ Round steak____ ________ Rib roast _ _ _ _ _ Chuck roast __ ________ Plate beef________________ P ou n d ,_ 25.1 35.3 36.8 38.6 38.2 40.3 40.7 43.9 ___do __ 22.6 30.8 31.5 32.9 32.4 34.4 35.3 38.2 19.9 26.7 27.3 28.3 28.0 29.6 30.2 32.4 __ do __ do __ 16.2 19.2 19.4 20.4 20.2 21. 7122. 7 25.1 ___do___ 12.4 12.8 12.7 13.0 13.1 14.1 14.9 16.7 41 36 34 19 3 47 39 37 20 2 54 46 42 26 5 52 43 41 25 6 Pork chops.. __ _ _______ Bacon __ __ ____ Ham___ __ _________ Lamb, leg of. _____ _____ Hens________ _ ________ _ _do __ 20.3 30.4 29.5 26.5 29.3 35.7 37.2 32.8 26.7 38.7 40.3 37.5 39.9 48.6 49. 6 45.3 ___do __do 26.5 44.4 45.4 44.7 46.6 53.1 57.151.9 ___do __ 18.5 32.3 35.6 35.5 35.4 38.5 37. 7 37. 5 _ _ _ d o __ 20.8 35.8 33.6 33.4 34.4136. 5 37. 2 35. 7 50 45 68 75 72 45 51 71 92 62 31 40 69 92 61 44 76 83 62 49 82 86 70 76 100 115 96 91 108 104 103 65 75 79 72 Salmon, ran nod rad do 33.9 31.4 31.3 31.8 36.9 34.1 35. 0 M ilk, fresh _ _ _ ___ Quart __ 9.1 14.1 13.7 14.313.8 14.314.2 14.3 (l) TVTi1k avapor at,ad 12. 7 11.9 12. 211. 0 11. 6 11. 4 11.5 Butter____ ___ . Pound _ 39. 7 52.1 60.2 60. 3 52. 5 58. 6 59. 3 58.4 29.1 28.0 59 5 30 3 31. 3 29. 6 27. 9 substitutes). 33.0 36. 6 37. 7 34.9 37.5 37.4 39.0 22.5 Cheese __ ______________ __do_ __do 15.8 15. 9! 17. 5 18.9122.1 22.6 20.4 19.2 Lard ................................. Vftgfttablft lard substitute do 21. 6 23. 3 24. 0 25. 5 25. 7 25.4 25.2 Eggs, strictly fresh_______ Dozen 47.6 70.5 66.5 64.9 69.8 66.2 65.2 59.6 Eggs, storage_____________ . .. d o ___ 34.5 49.1 40.8 41.4 48.2 47.4 46.9 42.9 Bread___________ ____ _ P o u n d ._ 5.6 9.1 8.6 8.7 8.9 9.4 9.4 Flour __ _____________ __do 3.3 5.0 4. 9 4. 5 5. 6 6. 1 5. 6 Corn meal_ ____ ___do ___ 3. 1 4. 1 4.0 4.4 5.2 5.2 5.1 Rolled oats do 9. 6 8. 7 8. 8 9.0 9. 1 9. 1 (2) Corn flakes 11. 9 9. 7 9. 7 10.8 11. 0 10. 9 Wheat, pereel Maearoni Rice ............... "Beans, navy Potatoes_______________ (3) Pound __ do do __d o __ Onions Cabbage Beans baked Corn panned Peas panned do do (4) (4) (4) 9.2 5.4 5.2 9.0 9. 7 29 3 25. 5 24. 3 24.4 25.3 25. 4 25. 5 2 0 . 2 2 0 . 0 19. 6 19.8 20.4 20. 2 20. 0 9.7 10.6 11. 4 11. 2 10.3 9 .5 9 .3 8. 2 1 0 . 5 10.3 10.1 9.8 9. 3 9. 5 1.8 3.1 2 . 1 2.6 2.3 5.2 4.0 3.0 8. 7 do do Oranges do 62 56 52 40 20 75 69 63 55 35 55 51 57 52 57 56 57 31 52 52 32 48 49 47 47 1 63 11 68 20 55 40 67 43 66 29 73 22 48 42 40 18 36 20 47 40 39 37 37 36 25 24 63 52 32 54 48 29 55 36 42 59 70 68 68 85 68 68 70 65 64 64 68 31 7 9 11 22 29 18 72 17 44 28 189 122 67 20 24 20 54 26 24 93 29 27 63 35 70 24 39 73 31 42 62 8. 0 4 . 6 6. 0 5.3 5.7 5. 0 4.7 5.1 3. 6 4.1 4.0 4. 6 4. 2 3.8 13 8 13.1 12. 9 12. 6 12.3 11. 7 11.4 16 0 15. 2 15. 6 17.1 16.9 16. 2 15.7 17 8 17. 4 17. 7 18.4 17.9 17.3 16.7 (4) Tomatoes panned 13 0 1 2 7 12 9 13. 7 12. 7 12. 2 11.8 Sugar, granulated __ . ___ Pound__ 5.4 6 . 5 8 . 3 10.4 8.8 6.7 7.3 7.1 _ _do 54.5 67.7 6 8 . 5 70.2 73.8 75.8 76.9 77.3 Tea_ _ _ _ _ _ 29.7 35.6 36.7 37.8 50.5 51.3 50.7 48.1 Coffee___________________ ___do Primes Raisins 61 52 49 34 14 35 41 71 18. 7 20.1 17.8 17.3 17.1 16.2 13.8 25. 5 19. 2 16. 0 14.6 14.4 14.4 13.7 37 3 37.1 39.1 36. 9 35. 5 34.9 34.8 60.3 4 8 . 5 41. 5 43.2 48.9 49.3 52.3 44.1 41.0 44.5 45.7 59.2 55.7 50.0 Weighted food index 3 ___ 115-16 ounce can. 28-ounce package. 328-ounce package. 4No. 2 can. 5Beginning with January, 1921, index numbers showing the trend in the retail cost of food have been composed of the articles shown in Tables 1 and 2, weighted according to the consumption of the average family. From January, 1913, to December, 1920, the index numbers included the following articles: Sirloin steak, round steak, rib roast, chuck roast, plate beef, pork chops, bacon, ham, lard, hens, flour, corn meal, eggs, butter, milk, bread, potatoes, sugar, cheese, rice, coffee, and tea. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [379] 168 MONTHLY LABOR R EV IEW Table 3 shows for the United States average retail prices of speci fied articles of food for the years 1913 and 1927 and for each month of 1927. T able 3 — A V ERAGE R E TA IL PR IC ES OF SP E C IF IE D FOOD A R TIC LES IN T H E U N IT E D STA TES BY Y EAR S, 1913 A N D 1927, A N D BY M O N TH S FOR 1927 Article Unit 1927 Av Av er er age age for Jan. Feb. Mar. Apr. M ay June July Aug. Sept. Oct. Nov. Dec. for 1927 1913 C ts . C ts . C ts . C ts . C ts . C ts. 41. 1 35. 6 30.4 22.8 14.9 41.8 36.4 30.9 23.3 15.2 C ts . 40.8 35.3 30. 3 22.7 15.0 40.9 35.4 30.4 22.7 14. 9 C ts . Sirloin steak.__ . . . Pound. 25.4 Round steak __ __ do_ _ 22. 3 19.8 Rib roast .......... do Chuck roast __ _ . ___do___ 16.0 do___ 12.1 Plate beef . ____ 42. 3 36. 9 31.2 23. 5 15.2 42.4 37.0 31.1 23.5 15.2 43. 6 37. 9 31. 7 23.9 15.3 43.7 38. 1 31. 7 23.9 15.3 43. 8 38. 1 31.8 24.0 15.5 43. 7 37.9 31.9 24.3 15.8 43.5 37.8 31.9 24.5 16.2 43.9 38.2 32.4 25. 1 16.7 42.6 37. 1 31.3 23.7 15.4 Pork chops do 21.0 ___do ___ 27.0 Bacon, sliced Ham, sliced. ___do__ 26.9 _ do_ _ 18.9 Lamb, leg of __ H ens____________ ___do___ 21.3 36.6 48.9 56.8 37.4 38.5 35.9 48.5 56.7 37.3 38.5 36.6 48.4 56.5 38.4 38.7 36.9 48.1 56.7 40.0 38.9 36.4 47. 6 56.3 41.0 38.4 34.7 47.1 55.5 41.0 36.3 34.9 46.6 54.6 40. 3 35.6 37.7 46. 5 54.3 39. 2 35.4 40.7 46.5 53.8 38. 5 35.4 41.5 46.6 53.6 38.2 35.7 36.3 46.3 53.0 37.6 35.6 32.8 45. 3 51.9 37.5 35.7 36.8 47.2 55.0 38.9 36.9 Salmon, canned, red. M ilk, fresh______ M ilk, evaporated.. Butter___________ Oleomargarine (all butter“ substitu tes). Cheese ... _ Lard____________ V egetable lard substitute. Eggs, strictly fresh. Eggs, storage Bread___________ Flour____________ Corn meal_______ 33.5 33.2 33.0 32.7 32.5 32.3 32.3 32.9 33.9 34.4 34.8 35.0 33.4 Cl.«. ___do___ Quart.. 8.9 14. 1 11.4 0) Pound. 38.3 58.4 _ do___ 29. 2 14.1 11.4 58.8 29.0 C ls . 14.1 11. 4 59.2 28.7 C ts . 14.0 11.4 58.4 28.6 13.9 11.5 53.4 28. 4 13.9 11. 5 51.8 28.2 14.0 11.5 51.4 28.0 14.1 11.6 51.4 28.0 14.1 11.6 53.4 27.8 14.2 11.5 55.7 27.9 Dozen . 34. 5 55.9 44.2 35.4 33.9 33.6 33.5 36.9 42.0 48.7 56.6 45.0 37. 7 42. 1 __ do Pound _ 5.6 9.4 9.4 9.4 9.4 9.4 9.3 9.3 9.3 9.3 9.3 __.do___ 3.3 5.6 5.6 5.5 5. 5 5.5 5.5 5.5 5.6 5.5 5.5 -_.do_.__ 3.0 5.1 5.1 5.1 5.1 5. 1 5.2 5.2 5.2 5.2 5.2 Beans, navy_____ ___do___ Potatoes.. ____ _ _ do___ Onions__________ ___do___ Cabbage__ _ _ __ ___do___ Beans, baked___ (4) w M 9.1 10.9 25. 5 20.1 8.7 11.0 i. 7 14.2 11.5 56.4 27.9 14.3 11.5 58.4 27.9 C ts . 14.1 11.5 55.6 28.3 9.1 10.9 25.4 20.1 10.8 9.1 10.8 25. 5 20.1 10.8 9.0 10.2 25. 4 20.0 10.7 9.0 10. 1 25. 5 20.0 10.6 61.7 59.6 45.2 43. 8 42.9 9.3 9.2 9.3 5.4 5.4 5.5 5.2 5.2 5.2 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 10.0 9.8 9.7 9.7 9.7 9. 7 9.7 10. 1 25.4 25. 4 25. 5 25. 5 25. 5 25.5 25.5 25.5 20.0 20 0 20.1 20. 1 20.1 20.0 20.0 20.1 10.7 10. 7 10.7 10.6 10.5 10.4 10.3 10.7 9.2 9.2 9.1 9.1 9.0 9.3 9.4 9.5 9.6 9.6 9.5 9.5 9.3 4.0 3.8 3.7 3.7 4. 5 6.0 4. 2 3.4 3.2 3.0 3.0 3.0 3.8 5.5 5.7 5.9 7.4 8.7 8.8 7.8 6.4 5.5 5.0 4.8 4.7 6.4 4.7 4.9 5.2 5.5 8.7 9.6 5.5 4.4 4.1 3.9 3.7 3.8 5.3 11. 7 11.7 11.6 11.6 11.6 11. 5 11. 5 11. 5 11.4 11. 5 11. 5 11.4 11. 5 15.9 17.0 12.2 7.4 77.6 15.8 17.0 12.1 7.3 77.6 15.6 16.8 12. 1 7.3 77.4 15.6 16.7 12. 0 7.3 77.3 15.5 16. 7 12.0 7.4 77.5 15.6 16.7 12.0 7.3 77.6 15.6 16.7 11.9 7.2 77.2 15.7 16.7 11.9 7.2 77.5 15.7 16.6 11.8 7.2 77.5 15.7 16.7 11.8 7. 1 77.3 15.7 16.8 12.0 7.3 77.5 ___do__ 29.8 50.2 49.9 49.3 ...d o ___ 16.0 15.8 15. 8 ___do___ 14.4 14.4 14.3 Dozen . 34.5 34.7 34. 1 ___do___ — 46.9 47. 1 46.9 48.8 15. 5 14.3 34.0 48.3 48.2 15. 4 14.3 33.9 49.8 47.9 15. 6 14.3 33. 5 49.3 47.6 15. 7 14. 4 33.4 50.2 47.4 15. 5 14.3 33.7 53.8 47.3 15. 2 14.3 33.5 55.3 47.4 14. 6 14.2 33.9 57.8 47.8 14. 1 13.8 34.4 53.2 48.1 13. 8 13. 7 34.8 52.3 48.3 15.3 14.2 34.0 50.9 Corn, canned Peas, canned Tomatoes, canned. (4) Sugar, granulated.. Pound _ 5.5 Tea_____________ ___do___ 54.4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C ts . ___do___ 22.1 37.6 37.6 37.3 37.1 37.0 37.0 36.9 37.0 37.7 38.3 38.6 39.0 37.6 ___do___ 15.8 20.0 19.6 19.4 19.1 19.0 18.8 18.8 18.9 19.2 19.6 19.5 19. 2 19.3 25.2 25.2 25.2 25.1 25.0 25.1 25.0 25.0 25.1 25.2 25. 1 25.2 25.1 ___do___ ___do___ Rolled oats. Corn flakes. ____ (2) Whear cereal . . (a) Macaroni________ Pound. Rice...................... . ___do___ Coffee___________ Prunes____ ______ Raisins__________ Bananas_________ Oranges_________ C tS . 16.1 17.2 12. 3 7. 5 77.5 16.1 17.1 12. 2 7.5 77.4 ' 15-16 ounce can. * 8-ounce package. 3 28-ounce package. 4 N o. 2 can. [380] 169 RETA IL PRICES OF FOOD Table 4 shows the changes in the retail prices of each of 22 articles of food for which prices have been secured since 1913, as well as the changes in the amounts of these articles that could be purchased for $1 in specified years, 1913 to 1927, and in each month of 1927. T able 4 —A VERAGE R E TA IL PR IC ES OP SP E C IFIE D A R TIC LES OF FOOD A N D A M O U N T PU R C H A SA BLE FOR $1 IN EACH Y E A R , 1917 TO 1927, A N D IN EACH M O N TH OF 1927 Sirloin steak Year L b s. 3.9 2.3 2.6 2.7 2.6 2.5 2.5 2.4 2.3 2.5 2.4 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.3 2.3 2.3 25.4 43.7 38.8 37.4 39.1 39.6 40.6 41.3 42.6 40.8 40. 9 41.1 41.8 42.3 42.4 43.6 43.7 43.8 43. 7 43.5 43.9 Bacon C e n ts p e r lb . 1913................. . 1920__________ 1921__________ 1922__________ 1923__________ 1924__________ 1925__________ 1926__________ 1927__________ January___ February.. March____ April_____ M ay______ June______ July---------August___ September. October . November. December.. Rib roast Chuck roast Plate beef Pork chops Aver Aver Aver Aver Aver Aver Amt. age age Amt. age Amt. age Amt. age Amt. age Amt. retail for $1 retail for $1 retail for $1 retail for $1 retail for $1 retail for $1 price price price price price price C e n ts p e r lb . 1913................ 1920__________ 1921__________ 1922__________ 1923__________ 1924.................... 1925__________ 1926__________ 1927__________ January___ February.. March____ A pril... . . M ay.......... . June______ July______ August___ September. October___ November. December.. Round steak 27.0 52.3 42.7 39.8 39.1 37.7 46.7 50.3 47.2 48.9 48.5 48.4 48. 1 47.6 47.1 46.6 46.5 46.5 46.6 46.3 45. 3 C e n ts p e r lb . L b s. 22.3 39.5 34.4 32.3 33.5 33.8 34.7 35.6 37.1 35.3 35.4 35.6 36.4 36.9 37.0 37.9 38.1 38.1 37.9 37.8 38.2 4.5 2.5 2.9 3.1 3.0 3.0 2.9 2.8 2.7 2.8 2.8 2.8 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.6 2.6 Ham L b s. 3.7 1.9 2.3 2.5 2.6 2.7 2.1 2.0 2.1 2.0 2. 1 2. 1 2. 1 2. 1 2.1 2. 1 2.2 2.2 2. 1 2.2 2.2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C e n ts p e r lb . 26. 9 55.5 48.8 48.8 45. 5 45. 3 52.6 57.4 55.0 56.8 56.7 56.5 56.7 56.3 55.5 54.6 54.3 53.8 53. 6 53.0 51.9 C e n ts p e r lb . L b s. 19.8 33.2 29.1 27.6 28.4 28.8 29.6 30.3 31.3 30.3 30.4 30.4 30.9 31.2 31.1 31.7 31.7 31.8 31.9 31.9 32.4 5.1 3.0 3.4 3.6 3.5 3.5 3.4 3.3 3.2 3.3 3.3 3.3 3.2 3.2 3.2 3.2 3.2 3.1 3.1 3.1 3.1 3.7 1.8 2.0 2.0 2.2 2.2 1.9 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 1.9 1.9 C e n ts p e r lb . L b s. 21.3 44.7 39.7 36.0 35. 0 35.3 36.6 38.8 36.9 38.5 38.5 38.7 38.9 38.4 36.3 35.6 35.4 35.4 35.7 35.6 35.7 [381] L b s. 6.3 3.8 4.7 5.1 5.0 4.8 4.6 4.4 4.2 4.4 4.4 4.4 4.3 4.3 4.3 4.2 4.2 4.2 4. 1 4. 1 4.0 16.0 26.2 21.2 19.7 20.2 20.8 21.6 22.5 23.7 22.7 22.7 22.8 23.3 23.5 23.5 23.9 23.9 24.0 24.3 24.5 25.1 Milk Hens L b s. C e n ts p e r lb . 4.7 2.2 2.5 2.8 2.9 2.8 2.7 2.6 2.7 2.6 2.6 2.6 2.6 2.6 2.8 2.8 2.8 2.8 2.8 2.8 2.8 C e n ts p e r a t. 8.9 16.7 14.6 13. 1 13.8 13.8 14.0 14.0 14.1 14.1 14. 1 14. 1 14.0 13.9 13.9 14.0 14.1 14.1 14.2 14.2 14.3 Q ts . 11.2 6.0 6.8 7.6 7.2 7.2 7.1 7.1 7.1 7.1 7.1 7.1 7.1 7.2 7.2 7. 1 7.1 7.0 7.0 7.0 7.0 C e n ts p e r lb . 12.1 18.3 14.3 12.8 12. 9 13.2 13.8 14.6 15.4 15.0 14.9 14.9 15.2 15.2 15.2 15.3 15.3 15.5 15. 8 16. 2 16.7 L b s. 8.3 5.5 7.0 7.8 7.8 7.6 7.2 6.8 6.5 6.7 6.7 6.7 6.6 6.6 6.6 6.5 6.5 6.5 6.3 6.2 6.0 Butter C e n ts p e r lb . 38.3 70.1 51.7 47.9 55.4 51.7 54.8 53.1 55.6 58.4 58.8 59.2 58.4 53.4 51.8 51.4 51.4 53.4 55.7 56.4 58.4 L b s. 2.6 1.4 1.9 2.1 1.8 1.9 1.8 1.9 1.8 1.7 1.7 1.7 1.7 1.9 1.9 1.9 1.9 1.9 1.8 1.8 1.7 C e n ts p e r lb . L b s. 21.0 42.3 34.9 33.0 30.4 30.8 36.6 39.5 36.8 36.6 35.9 36.6 36.9 36.4 34.7 34.9 37.7 40.7 41. 5 36.3 32.8 4.8 2.4 2.9 3.0 3.3 3.2 2.7 2.5 2.7 2.7 2.8 2.7 2.7 2.7 2.9 2.9 2.7 2.5 2.4 2.8 3.0 Cheese C e n ts p e r lb . 22.1 41.6 34.0 32.9 36.9 35.3 36.7 36.6 37.6 37.6 37.6 37.3 37.1 37.0 37.0 36.9 37.0 37.7 38.3 38. 6 39.0 L b s. 4.5 2.4 2.9 3.0 2.7 2.8 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.6 2.6 2.6 170 MONTHLY LABOR R EV IEW T A B L E 4 . — A VERAGE R E TA IL PR IC ES OP SP E C IF IE D A R TIC L ES OP FOOD A N D A M O U N T PU R C H A SA B L E FOR $1 IN EA CH Y E A R , 1913 TO 1925, A N D IN EA CH M O N TH OF 1926—Continued Lard Year Eggs Bread Flour Corn meal Rice Aver Aver Aver Aver Aver Aver age Amt. age Amt. age Amt. age Amt. age Amt. age Amt. retail for $1 retail for $1 retail for $1 retail for $1 retail for $1 retail for $1 price price price price price price C e n ts p e r lb . 1913__________ 1920__________ 1921__________ 1922__________ 1923__________ 1924__________ 1925__________ 1926__________ 1927__________ January___ February.,. March____ April_____ M ay______ June____ •July______ A u gust... September. October---N ovem ber. December.. 15.8 29.5 18.0 17.0 17.7 19.0 23.3 21.9 19.3 20.0 19. 6 19.4 19. 1 19.0 18.8 18.8 18.9 19.2 19.6 19. 5 19. 2 L b s. 6.3 3.4 5.6 5.9 5.6 5.3 4.3 4.6 5.2 5.0 5.1 5.2 5.2 5.3 5.3 5.3 5.3 5.2 5.1 5. 1 5.2 Potatoes C e n ts p e r lb . 1913__________ 1920__________ 1921__________ 1922__________ 1923__________ 1924__________ 1925__________ 1926__________ 1927__________ January___ February. _ March____ April____ M ay______ June______ July......... A u g u s t___ September _ October___ November. December.. 1. 7 6.3 3.1 2.8 2.9 2.7 3.6 4.9 3.8 4.0 3.8 3.7 3.7 4. 5 6.0 4. 2 3.4 3.2 3.0 3.0 3.0 L bs. 58.8 15.9 32.3 35.7 34. 5 37.0 27.8 20.4 26.3 25.0 26.3 27.0 27.0 22. 2 16. 7 23.8 29.4 31. 3 33.3 33.3 33.3 C e n ts p e r doz. D ozs. 34. 5 68.1 50. 9 44.4 46.5 47.8 52.1 48. 5 45.2 55.9 44.2 35.4 33.9 33.6 33.5 36.9 42.0 48.7 56. 6 61.7 59.6 2.9 1. 5 2. 0 2.3 2.2 2.1 1.9 2.1 2.2 1.8 2.3 2.8 2.9 3.0 3.0 2.7 2.4 2.1 1.8 1.6 1.7 Sugar C e n ts p e r lb . 5. 5 19.4 8.0 7.3 10.1 9. 2 7.2 6.9 7. 3 7. 5 7.5 7.4 7.3 7.3 7.3 7.4 7.3 7.2 7.2 7.2 7.1 L bs. 18. 2 5.2 12.5 13.7 9.9 10.9 13.9 14. 5 13. 7 13.3 13.3 13.5 13. 7 13. 7 13.7 13. 5 13. 7 13.9 13.9 13.9 14.1 C e n ts p e r lb . 5.6 11.5 9. 9 8.7 8.7 8.8 9.4 9.4 9.3 9.4 9.4 9.4 9.4 9.4 9.3 9.3 9.3 9.3 9.3 9.3 9.2 L b s. 17.9 8.7 10. 1 11.5 11. 5 11.4 10.6 10.6 10. 8 10.6 10.6 10.6 10.6 10.6 10.8 10.8 10.8 10.8 10.8 10.8 10.9 Tea C e n ts p e r lb . 54.4 73.3 69.7 68.1 69.5 71.5 75.5 76.7 77.5 77. 5 77.4 77.6 77.6 77.4 77.3 77. 5 77. 6 77. 2 77. 5 77. 5 77.3 C e n ts p e r lb . 3.3 8. 1 5.8 5.1 4.7 4.9 6.1 6.0 5.5 5.6 5.6 5.5 5.5 5.5 5.5 5.5 5.6 5. 5 5.5 5.4 5.4 L bs. 30.3 12.3 17.2 19.6 21.3 20.4 16.4 16.7 18.2 17.9 17.9 18.2 18. 2 18.2 18.2 18.2 17.9 18.2 18.2 18.5 18.5 C e n ts p e r lb . 3.0 6.5 4. 5 3.9 4. 1 4.7 5.4 5.1 5.2 5.1 5. 1 5.1 5.1 5.1 5.2 5.2 5. 2 5.2 5.2 5. 2 5.2 L bs. 33.3 15.4 22.2 25.6 24.4 21.3 18.5 19.6 19.2 19.6 19.6 19.6 19.6 19.6 19.2 19. 2 19. 2 19.2 19.2 19.2 19.2 C e n ts p e r lb . 8.7 17.4 9. 5 9.5 9.5 10.1 11.1 11.6 10.7 11.0 10.8 10.8 10.7 10.6 10.7 10.7 10.7 10.6 10.5 10.4 10.3 L b s. 11.5 5.7 10.5 10.5 10.5 9.9 9.0 8.6 9.3 9.1 9.3 9.3 9.3 9.4 9.3 9.3 9.4 9.4 9.5 9.6 9.7 Coffee L b s. 1.8 1.4 1.4 1.5 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 C e n ts p e r lb . 29. 8 47.0 36.3 36.1 37.7 43.3 51. 5 51.0 48.3 50.2 49.9 49.3 48.8 48.2 47.9 47.6 47.4 47.3 47.4 47.8 48.1 L bs. 3.4 2. 1 2.8 2.8 2.7 2.3 1.9 2.0 2.1 2.0 2.0 2.0 2.0 2. 1 2. 1 2. 1 2.1 2.1 2.1 2.1 2.1 In d ex N u m b e r s o f R e ta il P r ic e s o f F ood in t h e U n ite d S ta te s IN TABLE 5 index numbers are given which show the changes in 1 the retail prices of specified food articles, by years, from 1913 to 1927,2 and by months for 1926 and 1927. These index numbers, or relative prices, are based on the year 1913 as 100 and are computed by dividing the average price of each commodity for each month and each year by the average price of that commodity for 1913. These figures must be used with caution. For example, the relative price of sirloin steak for the year 1926 was 162.6, which means that 2For index numbers of each month, January, 1913, to December, 1926, see Bulletin No. 396, pp. 44 to Bulletin No. 418, pp. 38 to 51; and Bulletin N o. 445, pp. 36 to 49. 61; https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [382] 171 RETAIL PRICES OF FOOD the average money price for the year 1926 was 62.6 per cent higher than the average money price for the year 1913. As compared with the relative price, 159.8 in 1925, the figures for 1926 show an increase of nearly 3 points, but an increase of 1.75 per cent in the year. In the last column of Table 5 are given index numbers showing changes in the retail cost of all articles of food combined. Since January, 1921, these index numbers have been computed from the average prices of the articles of food shown in Tables 1 and 2, weighted according to the average family consumption in 1918. (See March, 1921, issue, p. 25.) Although previous to January, 1921, the number of food articles has varied, these index numbers have been so com puted as to be strictly comparable for the entire period. The index numbers based on the average for the year 1913 as 100.0 are 156.5 for November and 155.9 for December, 1927. The curve shown in the chart on page 173 pictures more readily to the eye the changes in the cost of the food budget than do the index numbers given in the table. T a b l e 5 — IN D E X N U M B E R S OF R E T A IL PR IC ES OP P R IN C IP A L A R T IC L E S OF FOOD B Y Y EAR S, 1913, 1920 TO 1927, A N D B Y M O N TH S FOR 1926 A N D 1927 [Average for year 1913=100.0] Year and month Sirloin Round Rib Chuck Plate Pork steak steak roast roast beef chops Ba Ham Hens Milk B ut con ter Cheese 1913_________________ 1920_________________ 1921_________________ 1922_________________ 1923_________________ 1924_________________ 1925_________________ 1926_________________ 1927,................... ...........- 100.0 172.1 152. 8 147.2 153.9 155.9 159.8 162.6 167.7 100.0 177.1 154.3 144. 8 150. 2 151. 6 155.6 159.6 166.4 100.0 167.7 147.0 139. 4 143. 4 145.5 149.5 153.0 158.1 100.0 163.8 132. 5 123.1 126.3 13u.0 135.0 140.6 148.1 100.0 151.2 118. 2 105.8 106.6 109.1 114.1 120.7 127.3 100.0 201.4 166.2 157. 1 144.8 146. 7 174.3 188.1 175.2 100.0 193.7 158.2 147.4 144.8 139.6 173.0 186.3 174.8 100.0 206.3 181.4 181.4 169.1 168.4 195.5 213.4 204.5 100.0 209.9 186.4 169. 0 164.3 165.7 171.8 182.2 173.2 100.0 187.6 164. 0 147.2 155.1 155.1 157.3 157.3 158.4 100.0 183.0 135.0 125.1 144.7 135.0 143.1 138.6 145.2 100.0 188.2 153.9 148.9 167.0 159.7 166.1 165.6 170.1 1926: Janu ary_______ February ____ M arch_______ __ April _ _ __ ___ May__ _______ June. . - ___ Ju ly ___________ A ugust_________ September October. __ _ . . November__ December____ _ 160.6 159.8 160.2 161.8 163. 4 165. 4 165. 4 164.6 165. 0 163.4 161. 0 160.2 157.0 156.1 156.5 157.8 160.5 162.3 162.8 162.3 163.2 161.4 159.2 158.3 151. 5 148.0 151.0 152.5 153. 5 154. 5 155.1 153. 5 154. 5 154. 5 152. 5 152. 5 138.1 138.1 138.1 139.4 140.6 141.9 141.9 140.6 141.9 142. 5 141. 9 141.9 119.8 120.7 120.7 121. 5 120.7 120.7 119.8 118.2 119.8 120. 7 121. 5 123.1 173.8 172.9 177.1 182.4 191.9 200.0 198. 6 192.9 202.4 202. 9 187.1 177.1 178.5 181.1 179.3 179. 6 182.6 190.7 193. 7 192. 6 192.2 191. 5 188. 9 183.7 198.1 199. 3 200.7 202.6 207.8 221.9 226.4 225.7 224.5 222.3 217.1 212.3 181.2 182.6 185.0 190.1 192.5 188.7 184.0 177. 9 177.5 176.5 174.2 174.6 159.6 159. 6 157.3 156. 2 156.2 155.1 155.1 156.2 157.3 157.3 158.4 159.6 144.6 142.3 139. 9 132.9 130.5 131.3 130.8 132.1 137.1 141.8 145.4 154.8 170.1 169.7 168.3 165.2 162.9 161. 5 161.1 161.5 163.3 166.1 167.0 169.2 1927: J a n u a r y .._____ February _____ M a r c h ................. April___________ M ay. . . June_________ Ju ly___________ A ugust________ September____ _ October_____ . . November December........... 160. 6 161. 0 161. 8 164.6 166.5 166.9 171.7 172.0 172.4 172.0 171.3 172.8 158.3 158.7 159. 6 163.2 165.5 165. 9 170. 0 170.9 170.9 170.0 169.5 171.3 153.0 153.5 153.5 156.1 157. 6 157.1 160.1 160.1 160. 6 161.1 161.1 163. 6 141.9 141. 9 142.5 145.6 146.9 146.9 149.4 149.4 150. 0 151. 9 153.1 156.9 124.0 123.1 123. 1 125. 6 125. 6 125.6 126.4 126.4 128.1 130.6 133.9 138.0 174.3 171.0 174.3 175. 7 173.3 165. 2 166.2 179.5 193.8 197.6 172. 9 156.2 181.1 179.6 179. 3 178.2 176. 3 174.4 172.6 172. 2 172.2 172.6 171.5 167.8 211.2 210.8 210.0 210.8 209.3 206.3 203.0 201. 9 200.0 199.3 197.0 192.9 180.8 180.8 181.7 182.6 180.3 170.4 167.1 166.2 166.2 167. 6 167.1 167.6 158.4 158.4 158.4 157.3 156.2 156.2 157.3 158.4 158.4 159.6 159.6 160.7 152.5 153.5 154.6 152.5 139.4 135.2 134.2 134.2 139.4 145.4 147.3 152.5 170.1 170.1 168.8 167.9 167.4 167.4 167.0 167.4 170.6 173.3 174.7 176.5 82645°—28----- 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1383] 172 MONTHLY LABOR R EV IEW T a b l e 5 — I N D E X N U M B E R S OF R E T A IL PR IC E S OF P R IN C IP A L A R T IC L E S OF FO OD, BY Y EA R S, 1913, 1920 TO 1927, A N D B Y M O N T H S FO R 1926 A N D 1927—Continued Year and month Lard Eggs Bread Flour Com meal R ice Pota Sugar toes Tea All Coflee arti cles 1 1913____ ____ _________ 1920__________________ 1921__________________ 1922__________________ 1923__________________ 1924__________________ 1925__________________ 1926__________________ 1927_______ ____ ______ 100.0 186.7 113.9 107.6 112.0 120.3 147.5 138.6 122.2 100.0 197.4 147.5 128.7 134.8 138.6 151.0 140.6 131.0 100.0 205.4 176.8 155.4 155.4 157.1 167.9 167.9 166.1 100.0 245.5 175.8 154. 5 142.4 148.5 184.8 181.8 166.7 100.0 216.7 150.0 130.0 136.7 156.7 180.0 170.0 173.3 100.0 200.0 109.2 109.2 109.2 116.1 127.6 133.3 123.0 100.0 370.6 182.4 164.7 170.6 158.8 211.8 288.2 223.5 100.0 352.7 145.5 132.7 183.6 167. 3 130.9 125.5 132.7 100.0 134.7 128. 1 125.2 127.8 131.4 138.8 141.0 142.5 100.0 157.7 121.8 121.1 126.5 145.3 172.8 171.1 162.1 100.0 203.4 153.3 141.6 146.2 145.9 157.4 160.6 155.4 1926: January_________ February . . ___ March _ April___________ M a y ____ ______ J u n e-.. ____ ___ Ju ly------------------August_______ -September_______ October_________ N ovem ber______ December.. _____ 141.1 140.5 138.6 136.1 136.1 143.0 144.9 143.7 141.1 138.6 133.5 129.1 156.2 127.0 111.6 111.9 112.8 118.0 122.0 130. 1 149.3 168.7 191.3 189.0 167.9 167.9 167.9 167.9 167.9 167.9 167.9 167.9 167.9 167. 9 167.9 167.9 187.9 190.9 187.9 184.8 184.8 184.8 181.8 181.8 175.8 172.7 172.7 169.7 173.3 173.3 173.3 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 133.3 133.3 134.5 134.5 134.5 134.5 134.5 133.3 134.5 133.3 129.9 128.7 341.2 335.3 329.4 394.1 352.9 294.1 241.2 211.8 229.4 223.5 235.3 235.3 121.8 121.8 121.8 120.0 121.8 125.5 125.5 127.3 127.3 129.1 129.1 132.7 139.9 139.9 139.9 140.3 140.4 141.4 141.5 141.7 141.5 142.1 141.7 141.4 172.1 172.1 172.1 171.5 171.1 171.1 171.5 171.1 171.1 170.8 170.5 170.1 164.3 161.5 159.9 162.4 161.1 159.7 157.0 155.7 158.5 160.0 161.6 161.8 1927: January___ _____ February _____ M arch__________ April___________ M ay . June . _______ J u ly ------------------August -_ September. . October____ ____ N ovem ber.. December_______ 126.6 124.1 122. 8 120. 9 120.3 119.0 119.0 119.6 121.5 124.1 123.4 121.5 162.0 128.1 102.6 98.3 97.4 97.1 107. 0 121.7 141.2 164.1 178.8 172.8 167.9 167.9 167. 9 167.9 167.9 166.1 166.1 166.1 166.1 166.1 166.1 164.3 169.7 169.7 166. 7 166. 7 166. 7 166. 7 166.7 169.7 166. 7 166. 7 163.6 163.6 170.0 170.0 170.0 170.0 170.0 173.3 173.3 173.3 173.3 173.3 173.3 173.3 126.4 235.3 124.1 223.5 124. 1 217.6 123.0 217. 6 121.8 264.7 123.0 352.9 123. 0 247.1 123.0 200.0 121.8 188.2 120.7 176.5 119.5 176.5 118.4 176.5 136.4 136.4 134.5 132.7 132. 7 132.7 134.5 132.7 130.9 130.9 130.9 129.1 142.5 142.3 142.6 142.6 142.3 142.1 142.5 142. 6 141.9 142.5 142.5 142.1 168.5 167.4 165.4 163.8 161.7 160.7 159.7 159.1 158.7 159.1 160.4 161.4 159.3 156.0 153.8 153.6 155.4 158.5 153.4 152.4 154.0 156.1 156.5 155.9 1 22 articles in 1913-1920; 43 articles in 1921-1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 173 RETA IL PRICES OF FOOD ISO I TO I 60 150 140 I 30 I ZO 110 100 JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. 5EP. OCT. NOV. DEC. Table 6 shows by index numbers the trend in the retail cost of food in the United States from 1890 to 1927. The percentage decrease in the cost from 1926 to 1927 was 3, while the percentage increase from 1890 to 1927 was 123. This means that the cost of food in 1927 was nearly two and a quarter times as much as it was in 1890. T able 6 .—IN D E X N U M B E R S SHOW ING T H E T R E N D IN TH E R E TA IL COST OF FOOD IN TH E U N IT E D STA TES, B Y Y EAR S, 1890 TO 1927 i [Average for year 1913=100] Year 1890_________ 1891_________ 1892_________ 1893...... ........ 1894_________ 1895_________ 1896_________ 1897_________ 1898_________ 1899_________ Relative price 69.6 70.6 69.3 71.0 67.8 66.5 64.9 65.4 67.1 67.7 Year 1900________ 1901________ 1902________ 1903________ 1904________ 1905 ____ 1906................. 1907________ 1908 1909___ Relative price 68. 7 71.5 75.4 75. 0 76. 0 76. 4 78. 7 82. 0 84. 3 88. 7 Year 1910 1911___ 1912 . 1913 1914 1915 1916 . 1917 1918 1919 Relative price 93. 0 92. 0 97. 6 100. 0 102. 4 101. 3 113. 7 146. 4 168. 3 185.9 Year 1920 1921 1922 1923 1924 1925 1926 1927 Relative price 203 4 153 3 141 6 146 2 145 Q 157 4 160 6 155.4 1 The number of articles included in the index number for each year has not been the same throughout the period, but a sufficient number have been used fairly to represent food as a whole. From 1890 to 1907, 30 articles were used; from 1907 to 1913, 15 articles; from 1913 to 1920, 22 articles; and from 1921, 43 articles. The relatives for the period have been so computed as to be comparable with each other. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [385] 174 MONTHLY LABOR R EV IEW R e ta il P rice s o f F ood in 51 A VERAGE retail food prices are shown in Table 7 for 40 cities 15, 1927. For 11 other cities prices are shown for the same scheduled by the bureau until after 1913. T able 7 —A V ER A G E R E T A IL P R IC E S OF T H E PR IN C IPA L [Exact comparisons of prices in different cities can not be made for some articles, Atlanta, Ga. Baltimore, Md. Birmingham, Ala. Article Unit C ts . C ts. C ts . C ts . C ts . C ts. C ts. C ts. C ts. C ts . 23.7 21.3 19. 7 15.8 40.8 36.8 32.9 25.4 43.5 38.5 33.0 25.5 22.3 20.8 17.5 15.3 37.8 34.7 29.6 21.5 40.7 37.9 31.9 24.1 41. 5 38.3 32.5 24.6 C ts. Pound___ -__do_____ -__do_____ -.-d o ........... 43.5 39.2 32.8 25.8 C ts. Sirloin s t e a k ................... . Round steak ___________ Rib roast . . . . ____. . . Chuck s te a k .......... ............ 28.0 23.0 20.5 16. 1 41.1 35.8 28.8 22.9 42. 5 36.8 30.4 23.5 42.5 36.8 30.4 23.3 Plate beef______________ Pork chops .. . _ ____ Bacon, sliced___ Ham, sliced _________ _.._do_____ -__do_____ -__do_____ __do_____ 9.9 23.3 31.4 30.0 13.3 35.8 46.9 58.8 15.5 36.2 45.2 55.4 14.9 33.8 43.9 52.9 12. 6 17.0 20. 5 27.5 15.0 35.8 43.7 58.3 16.6 32.5 42. 1 56.0 17.5 30.5 40.0 53.8 10.0 20.6 33.0 32. 0 14.0 36.9 48.7 57.0 15.4 36.8 46.9 53.8 15.3 34.4 45.3 53.0 Lamb, leg of_____ ______ Hens __ . _____ Salmon, canned, red M ilk, fresh... __________ ___do_____ 20.2 40.0 40. 2 39.4 17.5 37.1 37.9 37.7 21.9 38.6 40.9 40.9 -__do_____ 20.3 36.8 36.1 36.8 20. 7 37.8 38.1 37.8 19.3 36.8 33.4 33.5 33.8 34.0 34.5 31.2 32.6 33.1 __do__........ 35.4 35.6 36.3 Quart........ 10.8 19.0 18.0 18.0 8.7 14.0 14.0 14.0 10.0 18.0 16.7 18.3 M ilk, evaporated________ B utter_______ Oleomargarine (all butter substitutes). Cheese_______ ________ Lard . __________ Vegetable lard substitute Eggs, strictly fr e s h _____ 13.2 13.5 13.5 11.2 11.4 11.5 15-16 oz.can 12.5 12.6 12.4 Pound___ 40.4 58.6 56.7 58.0 40.2 63.8 61.0 62.5 44.6 60. 58.9 59.0 26.9 27.3 26.9 ___do_____ 30.0 28.0 27.8 36.5 32.8 32.0 __do_____ ___do_____ _ do__ Dozen___ Dec. 15— N ov. Dec. Dec. 15— Nov. Dec. Dec. 15, 15, 15, 15, 1913 1926 1927 1927 1913 1926 1927 1927 1913 25.0 36.4 37. S 15.5 19. 7 19.4 21.9 22.9 43.3 61.1 57.0 Nov. Dec. 15, 15, 1927 1927 38.2 23.3 35. 5 37. 0 37.3 23. 0 37.3 38. 19.2 14. 8 18.3 18. 5 18. 1 15. 7 21.3 19.6 22.4 23.9 22.9 22. 6 21.7 22.1 59.5 40.4 65.2 61.8 60.0 41.8 60.9 53.8 39.6 18.9 22.0 57.3 Eggs, sto r a g e.______ . __do_____ 28. 5 45. 2 44.3 46.0 33.1 45. 5 41. 5 39. 5 35. 0 47.8 43.7 42.6 Bread__________________ Pound___ 5.6 10. 7 10.8 10.8 5.5 9.8 9.8 9.8 5.4 10.3 10. 4 10.4 3.4 6. 5 6.4 6.4 3. 1 5. 3 5.1 5.1 3. 6 __do_____ Flour. 6. 7 6.6 2. 6 4.0 4.1 4. 1 2. 5 3.9 4. 2 4.1 2.5 4.1 4.2 4.2 Corn meal______________ __do_____ 6.8 Rolled oats._____________ Corn flakes__ _________ Wheat cereal____________ M acaroni.._____________ __do_____ 8-oz. pke. 28-oz. Dkg Pound. . Rice_________ _______ _ _do___ _ Beans, n a v y ___ _ _do___ Potatoes_________ . -__do____ Onions______________ . . . __do_____ Cabbage.. . __________ d o ____ Beans, baked _________ No. 2 can. Corn, canned____ ___ _ _do__ _ Peas, canned____________ ___do_____ 9. 7 9.4 9.6 11. 5 9.8 10.0 25.9 27.3 27.1 21.9 21.4 21.6 8. 6 11.3 9.9 9. 3 10.4 10.8 10. 7 2.3 4.8 4.1 4.0 7. 2 7.1 6. 7 4. 8 4.7 4. 7 11. 5 11.4 11. 0 17. 5 18.0 17. 7 20. 0 19.7 19. 7 8. 3 8. 3 8. 2 10.1 9. 2 9. 2 24.3 24. 6 24. 6 18. 6 19. 3 19. 2 9. 0 10. 3 8. 3 1.8 4.3 5. 0 9. 5 8. 7 3.0 4.1 9. 7 8. 6 2.9 4. 2 4. 3 3.1 3. 4 10. 5 10. 8 10. 8 14. 7 14. 8 14. 5 15. 0 15. 0 14. 8 10.0 10.3 12.2 10.5 26.9 27. 7 18.7 18.8 10.2 10.5 27.6 18.9 8.2 11.2 10.5 10.4 10.5 10.3 10.4 5.3 4.5 4.4 6.9 6.5 6.7 2.1 5.6 5.2 5.2 11.9 11.9 11.8 18.4 16.8 16.6 21.4 21.3 20.8 Tomatoes, canned.._ _ . . . . _do_____ 11. 0 11.1 10.8 10. 7 10 3 10 4 11.2 10.9 11.0 Sugar, granulated_______ Pound___ 5.5 7.5 7.7 7.5 4.9 6.5 6.5 6.4 5.2 7.7 7.8 7.5 T ea_______________ ____ __do_____ 60. 0 105. 9 103.1 103. 3 56. 0 73 5 73. 0 71J) 61 3 96.4 96.2 98.8 Coffee._________________ __ do___ 32. 0 51. 5 48.2 48. 6 24.4 47 5 43 8 44J2 28.8 53.9 50.9 51.1 Prunes_______ __________ Raisins.___ ____________ Bananas________________ Oranges________________ __do_____ .--d o _____ Dozen___ __ do_____ 17. 8 16. 5 27.3 34.5 14.8 15. 5 28.6 41.2 14. 3 15. 3 28. 2 38.1 14. 0 13. 0 26. 3 44. 2 12 0 12. 6 26. 2 50.8 11 7 12. 7 26. 3 49.9 18.7 15.4 37.3 44.5 17.4 15.0 37.5 46.5 17.1 15.0 37.7 46.8 1 The steak for which prices are here quoted is called “ sirloin” in this city, but in most of the other cities included in this report it would be known as “ porterhouse” steak. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 175 R E T A IL PR ICES OF FOOD C itie s o n S p ecified D a te s for December 15, 1913 and 1926, and for November 15 and December dates with the exception of December, 1913, as these cities were not A R TIC LES OF FOOD IN 51 C ITIES ON SP E C IF IE D D A TE S particularly meats and vegetables, owing to differences in trade practices] Bridgeport, Conn. Boston, Mass. Charleston, S. C. Butte, Mont. Buffalo, N . Y. 1913 Dec. 15— Nov. Dec. Dec. Nov. Dec. Dec. 15— STov Dec. Nov. Dec. Dec. Nov. Dec. 15,- 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 1927 1927 1926 1927 1927 1913 1926 1927 1927 1926 1927 1927 1913 1926 1927 1927 1926 C ts . C ts. Dec. 15— C ts. C ts. C ts . 1 33.0 1 64.3 1 71. 1 1 74.4 49.2 34.3 49.5 55.6 55.3 41.9 23.7 37.8 41.3 41.6 36. 1 16.2 28.5 30.7 32.0 27.5 C ts . C ts . C ts. C ts. C ts . C ts. C ts . C ts . C ts . C ts . C ts . C ts . C ts . 54.6 47.6 40.9 31.1 55.4 47.8 41.8 32.1 21. 6 18.8 16.4 15.0 39.6 34.2 30.5 23.9 42.5 36.3 31.8 25.3 43.2 36.9 32.7 26.0 29.6 26.4 26.5 19.0 33.0 30.3 28.0 20.3 33.2 29.8 27.9 20.4 22.5 21.0 20.0 15.0 32.7 30.0 25.0 19.4 32.7 30.3 27.0 20.3 32.5 29.7 26.3 20.3 11.8 17.6 20.6 26.3 14.7 39.3 45.9 56.3 15.6 38.5 41.2 49.0 12.5 25.0 27.0 27.5 14.2 35.6 44.0 51.7 14.2 33.2 39.5 47.4 14.6 32.0 37.9 46.1 19.0 39.8 49.1 61.8 21.9 39.6 45.8 58.9 21.8 34.6 44.8 57.9 11.9 39.9 54.3 61.9 12.9 38.4 49.9 57.0 13.6 33.9 49.7 55.7 16.3 34.3 40.3 48.2 12.5 36.5 56.9 61.3 13.6 37.1 52.5 58.8 13.8 32'.7 51.7 57.9 38.9 40. 6 33. 0 15.3 39.3 39.1 33.9 15.5 38.1 38.9 34. 5 16.5 38.3 41.1 32. 8 16.0 38.1 40.2 33.3 16.0 37.8 15.4 32.6 32.7 33.1 39.8 19.8 38.4 36.6 37.5 32.5 33.1 34.1 32.3 16.0 8.0 13.0 13.0 13.0 36.3 32.4 31.9 14.3 36.3 32.9 32.7 14.0 35.7 24.0 40.0 38.8 39.4 31.5 21.8 38.4 35.5 35.5 32.7 29.6 33.1 33.4 14.0 12.0 19.0 19.0 19.0 12. 2 57.8 12.1 47. 1 27 9 11.2 11.3 11.3 12.1 11.6 11.6 11.6 58.6 57.4 56. 0 57.6 39.1 62.8 57.7 59.9 29.8 27.8 28. 1 28 3 29. 4 26.8 26.8 11.1 53.0 10.9 53.2 9Q 9 11.1 11.9 11.8 11.8 55.6 39.0 56. 5 53.0 53.9 31.7 29.5 29.2 57.5 38.3 20.2 24. 5 85.0 39.1 19.4 25. 4 85.1 40.6 19.0 25.3 81.7 42.9 21.5 37.6 38.7 39.2 18.4 14.2 19.8 19.0 18. 6 25.4 26.2 25.7 25.8 80.3 47.6 69.3 67.8 63.8 35.7 24.7 29.3 66.3 37.5 23.0 30.6 59.6 37.5 21.0 35.0 36.4 37.1 23. 2 15.0 20.9 21.3 20.7 30.3 23.5 22.1 21.9 61.9 46.7 66.7 57.0 57.3 36.0 5.9 3.6 3.6 54.3 9. 1 6.0 6.2 49.3 8. 5 5.9 6.4 50.6 51.4 48.6 46.4 31.4 45. 5 43.6 43.4 8.6 8.8 8.8 8.8 5.6 8.8 8.7 8.7 5.9 5.8 5.6 5.6 3.0 5. 1 4.8 4.8 6.7 7.7 7.9 7.7 2.6 5.1 5.1 5.2 45.5 9.8 5.4 5.9 38.1 9.8 5.3 6.1 36.7 35.2 44.3 39.6 39.2 9.8 6.4 10. 2 10.9 10.9 5.3 3.7 7. 1 6.9 6.8 6.3 2.6 3.9 3.9 3.9 9. 3 10. 7 24. 7 22. 5 9.1 9.9 25.1 21.9 9. 0 8. 6 8. 5 8.4 9. 8 10. 4 9. 6 9. 6 24.9 24. 7 24. 7 24. 6 22. 3 22. 7 22.6 22.5 8.7 8.8 8.8 10. 2 9.3 9.4 24. 6 24.8 24.8 21. 5 21.5 21.5 7.3 12.2 28.3 19.6 7.6 10.5 28.5 19. 7 7.6 10.5 28.5 19.7 11. 5 9.9 4.0 5.1 12. 1 10. 2 3.0 4. 7 12.1 10.9 11.3 11.1 10. 3 9.7 9. 6 9. 5 3.0 3.8 3.0 3.0 4. 6 5. 0 4.9 5.2 9.9 9.1 2.8 5.4 11.7 10.4 3.0 4.5 11.0 9. i 1.5 3. i 11.0 9. £ 1.6 4.2 5. 2 12.9 18 8 20. 3 4. 5 13. 3 18. 0 20. 0 4.4 4.5 4. e 3.9 13. 3 11.3 11.5 11. 7 17. 6 19. 1 19. 0 19.2 19.9 21.5 20. 5 20.9 3.0 2.8 3.0 10.0 10.0 10. ( 16.3 15.8 16.0 16.2 16.0 16.2 4.8 14.1 16.0 15.2 3.4 13.5 14.6 13.8 4.1 13.4 14.6 13.5 12. 4 7.3 74.9 55.3 11. 3 7. 2 73. 51.5 13.9 13.3 13. 11. 3 13.1 13.4 13.1 7.0 7.1 7.0 5.1 7.1 6.8 6.8 7. 72.4 59.5 60.9 60.9 45.0 69.8 68.5 69. ( 52.8 48.6 46.6 47.5 29.3 48.7 45.5 45.7 13.3 8.5 83.3 56.0 12.8 8. ( 82. 54.1 10.2 9.9 9.8 12.8 8. 6 5. 0 6.9 6.7 6.7 83. 50.0 73.9 82.4 82.4 54. 26.8 46.5 43.2 43.8 15 ( 13 46. 49. 14. 13. f 46. 60. 13 12. 47. ( 56.1 21.9 24.3 30.7 20.2 24.0 8.9 37.9 23.4 15.8 9.4 1.7 5.3 58. ( 33.0 39.3 19 7 25.9 87.3 15. 8 14.8 34. 50.7 2Per pound. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 41.6 18.7 25. 4 83.2 15. 2 13.8 36. 66.8 15.3 14.0 37. 61.7 9.3 11.2 10.0 9.2 9. 4 1.7 4.1 2.9 5. t 5.6 ._ 15.9 13 8 42. ( 55.7 13.7 13.4 41. ( 58.4 13.. 18.4 14.5 14.8 13.1 15.2 14.1 14. ( 43. 2 14. 2 13. ( 2 12.8 54. 60.' 58.8 59. 9.6 9.4 9.5 12.0 9.9 9.9 26.2 25.7 25.7 18.6 18.7 18.9 5.6 2.2 8.4 7.1 6.9 9.8 10.1 10.1 4.4 3.4 3.4 5.5 5.6 5.3 4.2 4.1 4.1 9.8 10.0 9.9 15.0 14.3 14.2 17.5 16.4 16.4 .. __ 14.7 14. 30." 29.' 12.2 14. 25. 31. 10.7 12.8 27.5 31.3 176 M O NTH LY LABO R R E V IE W T able 7 —AVER A G E R E TA IL PR IC E S OF T H E PR IN C IP A L Chicago, 111. Article Sirloin steak____________ Round steak____________ Rib roast_______ ____ ___ Chuck roast____________ Plate beef___ Pork chops,__ Bacon, sliced. Ham, sliced,. Lamb, leg of_______ Hens______________ Salmon, canned, red. Milk, fresh,,........ ...... Unit c. 15— Dec. 15— Nov Dec. Nov. 15, 15, 15, 1926 1927 1927 1913 1926 1927 Cts. P o u n d .— —do____ —do____ ..d o ____ Cincinnati, Ohio Cts. 45.2 47.8 2 36.8 38.8 7 36. Í 36.5 25.9 27.9 .d o__ -do_____ ,d o__ -do_____ —d o ... ~do— -,d o — Quart- Cleveland, Ohio Dec. 15— Nov Dec. 15, 1913 1926 1927 1927 15, Cts. Cts. Cts. Cts. 49.] 39. 1 37.4 28.3 36.4 33.4 30.2 21.6 Cts. 23.1 20.7 19.5 15.3 39.3 35.7 31. 7 23.4 Cts. Cts 40.2 36.6 32.6 24.0 Cts 24.6 21.7 18. 17.0 Cts 37.3 31.3 27.1 23. 1 41.6 35.5 28.8 25 42.7 36.3 29.7 25.9 11.8 18.9 22. 6 27.8 15.2 32.2 44.4 56.8 16.3 32.5 40. 1 52.0 17.4 26.9 39.1 50.2 12.5 19.4 27.9 36.3 13.4 35. 50.3 58.3 15.0 35.7 44.6 52.5 16.1 31.4 43.7 51.8 15.1 36.5 55. C 58.7 16.0 35.9 50.7 53.7 16.3 31. 1 49. 4 53.4 38.4 37.6 37.4 14.0 37.7 36. C 36.1 14.0 37.7 17.5 35.1 35.6 36. 1 22. 7 36.1 35.0 35.3 30. S 36. 4 14.0 8.0 14.0 13.3 35.4 18.0 34.9 35.8 35.2 36. 19.3 36.5 35.0 35.3 35.6 33.8 34.8 35.0 13.3 14.3 14.0 14.0 8.0 Milk, evaporated_______ Butter_________________ Oleomargarine (all butter substitutes). Cheese_________________ Lard___________________ Vegetable lard substitute. Eggs, strictly fresh______ 11.2 11.3 11.3 15-16oz.can 10.8 11.2 11.3 Pound. 38.3 60.6 56.2 58.8 39.3 59.2 55.6 58.7 —-do__ 27.6 27.5 27.2 — 28.6 28.7 28.7 ...d o ___ ...d o __ .—do__ D ozen,. 42.4 20.9 26.7 66.8 Eggs, storage___ Bread__________ Flour__________ Corn meal______ —do__ Pound. -_do___ ..d o __ 50.3 44.8 45.6 30.6 43.1 41.3 41.4 34.3 48.8 41.5 41.9 9.8 9.9 9.9 4.8 9.0 8.7 5.6 7 7.7 7.7 5.3 4.9 4.9 3.3 5.8 5.6 5.5 3.1 5.7 5.5 5.5 6.6 6.7 6.8 2.8 3.9 4.4 4.4 2.9 5.3 5.5 5.4 Rolled o a ts,.. Corn flakes.— Wheat cereal, Macaroni___ —do_____ 8-oz. pkg._ 28-oz. pkg. Pound___ 8.6 8.6 8.6 10.1 9.5 9.4 25.4 25.5 25. 6 19.7 19.0 18.9 Rice__________ Beans, n a v y___ Potatoes___ ___ Onions________ -d o .. Cabbage____ Beans, baked. Corn, canned. Peas, canned-. —do____ No. 2 can. ..d o _____ --do_____ Tomatoes, canned__ Sugar, granulated___ T ea________________ Coffee_____________ -_do__ Pound. .-d o __ ..d o __ Prunes_____________________ do— Raisins_____________________d o ... Bananas------------------------ DozenOranges------------------------------ do.—. 43.8 21.4 36.8 40.4 19.6 13.9 18.5 18.0 26.6 25.6 26. 1 61.2 38.0 63.8 64.8 40.6 24.0 38.1 39. 39.6 16.8 16.4 21.8 21.0 20.9 26.1 27.8 26.9 27.1 60. 48. Ö 70.1 66.4 65.0 8.6 _do— _do— - d o .. 43.4 19.8 26.5 59.6 11.3 11.4 11.4 64.7 59. 63.0 31.9 28. 28.6 1.7 ! 11.8 10.6 10.6 9.6 9.6 9.7 3.9 2.8 2.9 5.4 5.0 4.9 4.8 4.0 4.5 12.9 12.6 12. 6 17.3 15.9 15.8 17.5 16.0 16.2 8.6 8.9 10.4 9.6 9.6 24.4 25 1 25.1 18.8 18.6 18.5 8.8 10.8 10.0 8.0 8.8 1.8 4. 1 3.0 4.4 4.6 8.4 3.0 4.7 4.2 3.4 3.3 10.9 10. 5 10.4 14.7 15.2 15.2 16.8 17. 1 17.1 9.4 9.3 9.4 11.2 9.9 9.9 25.3 25.4 25.5 21.9 21.9 22.1 9.01 11.9 10.7 10.7 8.5 8.7 4.3 3. 1 3.1 4.7 4.3 4.1 8.8 2.0 4.3 3.6 3.7 12.8 12.8 12.8 17.0 16.7 16.5 17.6 17.6 17.8 14.2 13.8 13.8 11.9 11.9 11.7 14.0 14.0 14.1 5.1 7.0 6.9 6.8 5.2 7.4 7.4 7.3 5.4 7.6 7.6 7.5 55.0 74.3 71.8 71.4 60.0 76.4 79.1 79.1 50.0 79.4 81.2 81.2 30.7 50.9 46.7 47.0 25.6 45.4 44.1 44.7 26.5 54.5 51.4 51.7 18.9 15.4 40.8 58.9 15.6 14.4 39.3 61.4 15 6 14 4 40.9 61.5 16.7 14.7 37.5 40.2 13.7 14 0 38.3 47.8 13.7 14.1 38.9 47.2 16.2 13.9 14.5 13.7 210.8 2 10.5 53.5 55.6 13.4 13.5 11.3 57.7 • \ T Sei t-ea^ or which prices are here quoted is called “ rump” in this city, but in most of the other cities included in this report it would be known as “ porterhouse” steak. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis r388] 177 RETAIL PRICES OF FOOD A R TIC L ES OF FOOD IN 51 CITIES ON SP E C IF IE D D A T E S—Continued Columbus, Ohio Detroit, Mich. Denver, Colo. Dallas, Tex. Fall River, Mass. Dec. 15— Dec. 15— Dec. 15— Dec. 15— Nov. Dec. Nov. Dec. Nov. Dec. Nov. Dec. Dec. \Tov. Dec. 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 1927 1927 1927 1927 1927 1826 1927 1927 1913 1926 1927 1927 1913 1926 1927 1913 1926 1913 1926 C ts . C ts. C ts. C ts . C ts . C ts . C ts . C ts . C ts . C ts . C ts. C ts . C ts. C ts . C ts . C ts. 39. 7 34.9 30.8 24.7 41.5 36.7 31.9 26.4 41.8 37.4 32.3 26.6 23.6 21.3 20.6 16.4 36.2 32.9 27.6 22.9 37.8 34.0 29.2 24.0 37.5 34.0 28.8 24.3 22.9 20.7 16.7 15.0 32.3 29.6 23.9 18.7 34.4 31.4 25.5 20.1 35. 2 32.3 26.5 21.1 24.8 20.4 20.2 15.4 41.4 33.6 30.9 22.9 43. 9 36.6 32.3 25.3 45. 0(l 34.3 37. 1| 27. 3 33. 51 23.3 25.81 18.3 60.5 46.0 31.2 22.6 16.0 35. 6 61. 2 58.7 17.0 35.8 48. 5 53.3 17.3 32.8 47.7 53.1 13.6 21.6 37.5 31.6 17.8 35.2 44.2 59.3 19.0 36.5 48.9 55.0 19.0 9.9 11.0 12.5 36.5 20.0 34.0 35.1 48.9 28.0 50.6 45.4 54.0 30.0 58.4 52.1 13.2 30.7 44. 7 52.8 11.7 18.2 22.3 28.0 14.7 38.3 51.8 61. 5 15.1 37. 1 47.4 54.6 16.2 ____ 32. 1 20. 2 45.3 25.4 54.6 30.4 43. 7 42. 5 43.3 22.5 43.4 43.3 37. 4 35.9 37.4 19.3 32.7 32.1 37 1 36 5 38. 9 12.0 12.0 1 2 ! 0 10.8 13.0 13.0 67.9 51.2 35.4 25.8 13.6 38. 5 45. 7 56. 9 15.0 37.1 42.9 52.7 15.7 34.6 42.3 53. 2 44.2 15.6 35.6 36.2 35.8 16.0 38.9 38.0 37.9 19.0 41.8 32.9 19.9 31.3 28.5 28.4 18.6 37.6 37.4 37.0 24.6 43.6 36.8 35.3 35.9 35.9 33. 5 36.5 37.4 39. 7 13.0 8.3 12.0 12.0 12.0 9.0 14.0 14.0 14.0 9.0 14.9 40.6 43.6 35. 4 15.0 40.9 42.4 35.5 15.0 2 0 .4 12.7 12.1 ft 3 ft ft 3.9 2. 7 5.1 4.6 12 .0 4.3 4. 3 15.1 14. 12.5 13. 7. 7. 89. 89. 51.3 48. 17. 14 39 52. 15. 14. 38. 52. ft 9 2 .7 4 .6 4 .0 __ 12.7 12.7 53. 8 54.6 28.8 28.8 38.5 19.3 26. 9 88.9 40.2 18. 7 26. 7 85.9 40.6 18.4 26.3 88.1 45.6 46.8 9. 0 9. 0 5. 6 5. 5 6. 7 6.8 11.5 10. 2 3.9 5.1 10.6 10.7 10.4 10. 2 3.0 3.1 5. 0 5.0 9.3 12.5 10. 8 2.4 5. 1 6.5 __ 12.7 54. 9 30.0 36.0 45.8 41.0 41.5 33.5 44.9 41.6 43.2 36.0 50.0 5.6 8.3 8.0 8.0 5.6 8.4 8.3 8.2 6.3 9. 2 2.6 4.5 4.3 4.3 3. 1 5.5 5.1 5.3 3. 3 6.0 2.5 4.1 4.5 4.5 2.8 5.8 5.8 5.6 3.6 6.7 9.4 9.4 9.6 9.6 in 2 10 7 10. 4 8. 1 7.7 7.6 11.3 10.6 9.8 9.1 9. 5 9.5 10 5 10 5 1 1.0 25.3 26.0 25.8 25.6 27 6 27. 8 27. 8 24. 5 24. 5 24.5 23.7 21.9 22.3 21.7 — 19.8 19.3 19.3 — 2 1.4 2 1.5 2 1.7 — 47. 3 41.3 42.8 37.5 44.0 40.0 8. 1 7.7 7.7 5.4 9.5 9.5 5. 5 5. 1 4.9 3. 3 5.5 5.5 3.7 4.1 4.1 3.5 4.2 4.5 20.4 21.0 C ts. 65.4 50. 0 33.8 25. 5 11.3 11.2 11.4 __ 10.4 10.7 10.7 13.0 13.5 13.5 11. 5 11.7 1 1 . 6 60.9 55. 6 60. 6 41.3 57.8 56.7 57.5 37.9 52.8 51. 2 54.3 38.9 60.9 57.1 59.8 36.4 27.3 26.9 — 28.6 24.6 24.7 — 31.2 26.5 30.4 — 33.0 27.9 29.7 28.5 40.9 41.2 23.6 39.0 39.4 40.1 22.7 37.6 38.8 38.7 26.1 37.0 38.0 20.0 37.0 37. 8 18. 5 17. 3 17.1 17.2 24. 6 22.9 23.2 16.1 20.8 19.8 19.3 16.0 20.6 19.3 19.2 15.3 27.2 26.8 26.8 22 2 24. 5 24 6 23. 4 22. 5 22. 7 62.7 55.1 57.6 45.0 56.0 48.8 56.4 47.1 64.6 57.7 56.5 45.3 66.5 63.3 62.8 55.8 Q7 C ts . 1 5.4 12 .0 11.3 4 .9 7 .0 5 .7 9.5 5.5 4.6 11.8 11.3 .( 5 6 .7 5 .5 12 7 1ft 9 18 S 2 2.2 22.: 13 4 13 8.6 10.1 9.6 1.6 3.7 3.5 3.0 11. 2 14. 3 15.5 9.5 8.4 12.8 11.4 11.2 10.0 8.5 8.8 8.7 9.4 2. 1 1.6 3.3 2.5 2.5 1.8 4.5 4.0 4.1 ........ 3.8 4.1 3.2 3.4 2.7 3.0 11. ( 11.8 11.2 10.1 10. < 16. 16.2 16. ( __ 13.9 14. 17.1 16.8 17. 15. 15.3 9.5 9.5 2. 1 3.9 2 1.7 14.8 12.5 12. 11. S _ 12. 12.7 12.5 12.8 __ 12. £ 13.2 13.: 7.4 7.4 5. 8. < 5.2 8.1 7.7 7. £ 5 .: 7. 8. 5. f 8. 7. 88.8 66. 7 105.8 107.8 107.: 52.8 68. £ 69. t 67. 4 3 . 73.4 73. 72.7 4 4 . 48.4 36.7 59.8 57.1 57.8 29.4 51. £ 48.4 49.4 29. 51. 48.2 48. £ 3 3 . t 20. 18. 19.8 __ 17. 14. £ 14. __ 17. 14. 15. 14. 14.8 13. 13.8 _ 14., 13. 1 13.1 16. 15.8 15. t 13.8 36. 34.' 36. _ 3 12. 3 11.9 3 1 1 .: _ 33.8 35. 35. 38. t 55. 64.: 58.1 _ 51.9 55.8 51. 53., 54. 51.6 - — 5 2 .: __ 3 Per pound. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9.7 9.7 10.0 10.0 24.6 25.0 23.5 24.0 4.8 4 .9 12 .4 11.6 17. 1 16.4 16. 1 18.5 17.9 17.5 4 .4 12 .2 12.1 /. 60. 52. 12.4 12.4 7. /•I 63. 63. 2 48.8 48.9 15. € 14.1 14.1 13. 13.8 14. 3 1 0 .: * 1U. 3* lU.o 56. 7| 50.5 45. 178 m onthly T able 7. labor AVER A G E R E TA IL PR IC ES OF TH E PR IN C IPA L Houston, Tex. Article Sirloin steak. Round steak. Rib roast___ Chuck roast.. Plate beef___ Pork ch o p s... Bacon, sliced. Ham, sliced .. Lamb, leg of.______ H ens______________ Salmon, canned, red. M ilk, fresh________ Unit Dec. Nov Dee. 15, 15, 15, 1926 1927 1927 C ts . Pound. -----do.. ---- do.. -----do.. _do_ .do. .do. .do. C ts. C ts. 38.3 36. 29. 24.3 C ts . 42. 4 0 . 2 38. 38. 29. 29.4 25.4 25.4 C ts. 25. 21. ( 21. 14. C ts . 36.7 32.0 27.5 20.3 C ts 35.4 31. 6 27.1 20.8 35.0 30.9 26.9 19.2 35. 6 45. 0 50.9 19. 7 35.2 44. 5 50.0 15. 33.9 46.8 57.1 16.4 33. 8Í 44. ] 51.5 10. ( 22.1 30.1 29.3 12. 8 36. 5 47.9 56.1 13.4 32.4 40. 5 49.2 13.4 31.4 39.5 45.8 35.1 20.4 18. 0 42. 9 C ts. 12. 20. 29. 30.3 C ts . 16.2 30. 5 42. 1 51.2 20.6 32.0 19.0 40.0 39.0 39.0 20.0 38.3 38. 5 38.4 31.8 20.8 37.8 34. 81 34. 8 24.2 38.9 33. 7 33.9 33.5 34. 1 34. 2 34 9 34 0 34 1 35.0 15.6 8.0 12.0 12.0 12.0 12.3 22.3 20.3 20.3 11. 7 10.8 10. 7 10 8 11 9 11 Q 11.7 56.2 38.3 61.4 55.9 58.9 39.6 58.9 5 4 . 2 55.7 27.4 31.6 29.2 29.3 — 31.4 30.1 29.9 35.5 21.8 37.2 38.9 39.1 22.5 35.2 36.8 37.2 20.4 14. 6 18.2 17. 5 17.4 15.3 22.6 22.0 21.3 18. I 27.1 27. 4 27. 4 23 1 21 fi 21. 6 50.2 38.5 60.5 56.8 58.1 50.0 65.4 6 2 . 3 59.8 Eggs, storage. Bread_______ Flour_______ Corn meal___ ___ do. Pound _ ----- do.. ----- do.. Rolled o a ts... Corn flakes. _. Wheat cereal. Macaroni___ ----- do____ 8-oz. pkg__ 28-oz. pkg. Pound___ 25.4 18.7 Rice_______ Beans, navy. Potatoes___ Onions_____ _do_ .do. .do. .do. 9.0 9.3 5.0 5. 8.1 9.8 4.3 4. 9 7.6 9. 7 4.2 4.8 Cabbage____ Beans, baked. _Corn, canned'Peas, canned. ___ do___ No. 2 can. ----- do___ ----- do....... 5.2 5.1 5.0 Tomatoes, canned. Sugar, granulated.. T ea_____________ Coffee............. ----- do.. Pound. ----- do.. -----do.. Prunes. . R aisins.. Bananas. Oranges. ----- do. ----- do. Dozen. -----do. 9.0 Dec. 15— Nov Dec. Nov. Dec. 15, 15, 15, 15, 1913 1926 1927 1927 1913 1926 1927 1927 C ts . 11.5 11.6 58.1 55.7 29.9 27.3 11.6 Dec. 15— 36. C 25. 35.0 24. 28.0 17. 22.5 16.3 Milk, evaporated________ 15-1Goz. can. Butter____________________ Pound____ Oleomargarine (all butter ----- do_____ substitutes). Cheese__________________ ----- do. Lard___________________ ----- do. Vegetable lard substitute___ ----- do. Eggs, strictly fresh_________ Dozen. 5.6 4.2 Jacksonville, Fla. C ts. 32. 0 32. 5 32.5 33. 8 15.8 15.6 34.1 21. 5 17.1 52.3 Indianapolis, Ind. 35.0 34. 5 27. 5 22. 0 ------do_____ ----- do_____ ----- do_____ Quart_____ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis r e v ie w 38.8 39.8 32.8 46.0 45.8 46.0 40.0 44.7 41. 3 8. 5 8.5 5. 1 8.1 8. 1 8. 1 6.1 11.0 10. 9 5 .1 5 2 3.1 5.5 5. 6 5.5 3. 7 6.6 6.4 4. 2 4.3 2.6 4.2 4.2 4.2 2.8 4.2 4.2 8.9 8.8 8.3 8. 5 8 5 Q fi 9 1 9.1 9.1 10. 2 9. 4 9 4 111. i1. A 25. 0 25. 2 25.1 26. 0 26.8 24.8 24. 6 18. 0 18. 1 19.2 19. 2 19 2 IQ 8 9.2 11.5 10.8 10.5 6.8 10.4 9. 2 8.5 8. 6 8 6 Q« 1.7 3.8 2.7 2. 7 2.5 5.0 3. 7 i 5.0 5. 6 fi. f fi Q 11.2 10.7 10.9 14.1 13.5 13.4 14. 0 13.0 13.0 .... 4.4 4.0 4. 0 10.3 10. 8 10. 3 14. 4 14. 0 14. 0 14.4 13.8 14.3 fi 3 — 11.5 9.7 9. 7 12.7 12.9 12.9 7.0 6. 8 6.8 5.8 7.7 7.5 7.4 5.9 82.7 84. 2 84.1 60.0 86.7 85.7 87.3 60.0 44.6 41. 5 42. 0 30.0 51.5 47.8 47.6 34.5 15.7 13.0 12 7 19.6 16.4 15. 9 14. 1 12. 9 12 3 15.4 15. 2 14. 9 29.2 27.2 26 3 31.4 30. 5 31. 5 50.2 41.8 40. 1 . . . . 43.6 53.8 50.4 4 2 18.8 18.1 18.6 17.9 11.1 9.8 7. 6 7.1 98.5 98. 9 50.3 46.4 2a oj 33.6 39.7 11.0 6.7 4.2 9.2 9.9 24.8 19.2 8.3 9.6 3.5 5.7 3.6 179 R ET A IL PRICES OP FOOD A R TIC L ES OF FOOD IN 51 CITIES ON SP E C IF IE D D A T E S—Continued Kansas City, Mo. Dec. 15— Little Rock, Ark. Dec. 15— Los Angeles, Calif. Louisville, Ky. Manchester, N . H. Dec. 15— D ec 1.5— Nov. Dec. Nov. Dec. Nov. Dec. 15, 15, 15 15, 15, 1927 1927 1927 1927 1927 1927 1927 1927 1913 1926 1913 1926 1913 1926 1913 1926 1913 1926 1927 1927 Nov. Dec. Nov. Dec. Dec. 15— C ts . C ts . C ts. C ts . C ts . C ts . C ts . C ts . 24.6 22. 1 18. 1 15.6 C ts . 35.2 31.9 27.0 21.8 C ts . 39.8 34.7 27.7 21.6 39.9 25.0 34.7 20.0 27.6 20.0 21.7 16.3 C ts . 37.7 33. 0 26.4 19. 6 C ts . 37. 1 35. 0 30.0 23.0 23.1 21.3 19.4 16. 1 C ts . 36.7 34.6 29.1 22.5 36.5 30.2 30.2 20.5 C ts. 39.0 32.0 30.7 22.1 39.8 23.0 33.6 20.0 31.3 18. 1 23.2 15.5 35.4 31. 5 26.8 20.3 37.2 34. 1 27.5 21.6 37.6 34.6 27.5 21.6 12.2 19.6 30.3 28.8 13. 3 33.1 48. 4 55.9 15.6 32.5 45.9 49.9 15.7 12.5 26. 6 20.0 44.0 36.7 49.0 27.5 16.8 34.8 51.7 56.5 17.3 32.7 46.5 50.0 17.3 13.4 29.5 25.3 45.8 33. 5 50.4 34.5 15.1 45. 2 57.3 68.4 15.1 42.6 53.6 68.0 16.4 13.1 38.7 19.0 53.9 27. 0 66.3 28.5 16.8 32.2 50.0 54.2 17.8 32.7 47.7 47.7 16.3 17.7 28.1 19.3 38.4 45.8 24.0 41. 6 46.5 27.5 45.0 16.9 36.6 39.0 44.0 17.1 32.3 38.9 42.7 18.7 33.8 35.3 16.4 32.2 32.0 ____ 36.4 36.1 9.3 13.0 13.0 35.2 18.8 31.0 20.0 36.2 ____ 13.0 10.5 40.6 29.4 35.1 15.0 38.1 29.8 34.3 15.0 38. 1 19.1 28.7 27. 9 35.3 15.0 10.0 36.6 44.9 32.2 15.0 36.9 42.9 34.2 15.0 37.4 18.2 42.8 21.6 35.4 15.0 8.6 38.8 36.4 34.6 13. 0 38.6 33.4 33.4 13.0 38.6 20.0 36.9 34.4 24.5 43. 1 33.9 34.3 13.0 8.0 14.0 36.7 41.7 34.9 15.0 36.0 41.8 35.4 15.0 C ts . 11.7 11.7 11.7 40.3 56. 5 54.2 56.0 45. Ö .... 27. 0 25.4 26.1 ---22.0 37. 9 38.0 38.2 23.3 16.4 19. 9 19.3 18.3 16.5 ____ 27. 0 26.2 26.6 ____ 38.0 59.7 52.8 53.6 40.0 11.8 12.2 12.1 57.5 54.8 55.8 39.7 30.2 27.6 27.6 — 37.6 39.1 38.5 19. 5 22.7 21.7 21.9 18.1 22.8 21.0 21. 1 57.0 48.4 55.0 53.3 8.7 ____ 1.9 .... .... ____ ____ .... 9.1 9.0 9.0 11.1 9.8 9.8 ____ 26. 0 27.0 26.7 ____ 20.1 19.8 19.8 — - 10.6 11.9 25.8 20.8 10.2 10.3 27.3 20.8 9.6 8.3 9.5 ____ 2.4 2.2 5.1 . . . . 9.5 9.2 4.7 5.4 8.4 9.3 3.5 5.4 9.5 9. 0 3.8 5.3 9.5 9.5 2.4 5.4 10.2 10.3 27.2 20.8 .... 39.5 22. 4 26.0 52.6 38.4 20.6 23.9 58.8 10.2 10. 1 25.0 18.2 38.5 22.5 21.015.8 24.6 49. 9 36. 6 1 42. 0 33. 3 8.5 5.7 5.1 3.5 5.6 2.4 10.0 10.0 9.5 9.5 24.9 24.9 18.5 18.5 8.1 7.7 10.8 10.0 9.0 9.1 9.6 3.5 1. 9 4.4 3.1 5.5 . . . . 4.8 4.7 3. 9 3.7 3.7 4.8 4.3 4.3 12. 5 12.0 12.2 11.5 10.2 10.2 15. 0 14.4 14. 2 ____ 16.5 16.8 16.5 14. 9 15.5 15.1 . . . . 17.5 17.5 17.7 C ts . C ts . 134. 5 ‘ 54.9 28.8 43.9 20.8 27.2 17.3 22.9 C ts . C ts . ‘ 59.8 ‘ 61.0 46. 5 47.2 30.0 30.8 25.5 25.5 10.2 10.2 10.1 11.7 11.9 11.9 12.7 12.9 12.9 56.7 56.9 57.3 4L 3 62.3 56.4 59.8 41.4 57.6 56. 1 56.8 30.7 26.0 25.8 — - 27.3 27.3 26.6 — 25.5 24.8 23.5 33.0 43.4 39.1 39.3 48.3 41.7 40.7 38.3 44.5 46.0 6.0 9.7 9.7 9.7 6.0 9.5 9.3 9. 5 6.0 8.5 8.5 3.0 5.3 4.9 5.0 3.6 6.4 6.1 6.2 3.5 5.4 5.1 2.8 4.7 5.1 5.0 2.8 4.0 4.0 3.9 3.5 5.4 5.6 .... ____ ____ .... C ts . — 37.5 18.6 29.5 62.4 39.0 18.5 27.6 57.1 50.0 9.3 6.2 3.8 9.2 6.1 4.2 39.2 22.3 36.4 38.1 38.9 17.3 15.8 19.8 18.7 18.4 25.4 26.5 26.5 27.9 60.4 52.4 77.7 75.7 67.3 9.2 6.1 4.0 37. 0 50.0 46. 6 46.8 5.9 8.7 8.7 8.7 3.4 5.7 5.5 5.5 3.4 5.3 5.3 5.2 8.4 8.5 8.5 10.7 9.8 9.5 26.2 25.0 25.2 18.1 18.9 18.9 8.9 8.9 8.8 11.1 9.6 9.6 25.7 25.9 25.7 23.8 23.4 23.5 9.8 9.0 11.0 10.8 11.1 8.0 8.4 8.4 9.5 3.0 2.Ö 3.9 2.9 2.9 4.8 — 5.2 5.2 4.6 3.8 4.4 4.3 4.7 11.7 10.8 10.8 9.9 15. 1 16.2 15.5 15.7 17.5 16.5 16.7 ---- 16.0 4.0 3.9 10.2 10.2 15.7 15.4 15.2 15.2 8.8 1.6 — — 9.8 9.0 3.6 4.6 9.5 9.1 2.7 4.3 9.5 9.2 2.6 4.6 4.0 3.1 3.2 13.9 12.9 12.8 17.2 16.1 16.5 18.9 18.6 18.6 11.6 11.3 11.6 11.3 10.3 10.1 215. 4 214. 9 314. 7 10.5 10.6 10.5 12.2 12.3 12.3 5.5 7.5 7.4 7.4 5.3 7.9 7.6 7.8 5.3 7.1 6.9 6.8 5.3 7.6 7.3 7.3 5.3 7.6 7.3 7.3 54.0 88.3 92.1 94.1 50.0 106. 6 103.8 101.0 54.5 76.0 74.4 73. 8¡65. 0 89.4 90.0 89.6 47.5 62.9 65.2 65.2 27.8 53.2 50.1 50.3 30.8 55.3 52.8 52.8 36.3 53.4 51.6 51. 7 27.5 50.1 46.7 47.0 32.0 52.6 48.6 49.5 ____ ____ — 16. 8 14.3 13.7 14. 3 14.4 14.5 311. 2 310.8 3 10.8 53.7 55.3 55.2 .... 17. 1 15.7 39.5 45.3 15.4 14.5 3 9.0 49.6 2 No. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 14.7 15.0 3 9. 5 47.1 — - 15.3 12.9 310.4 44.6 12.7 11.9 310.0 58.5 can. 12.7 11.8 3 9. 9 54.8 15.5 14.3 14. 5 14.4 14.0 13.7 310. 2 310. 8 310. 0 39.5 44.6 41.7 — 3 Per pound. [3 9 1 ] 15.2 13.9 3 9.6 49.6 13.3 13.6 3 9. 5 51.7 13.7 13.3 3 9.7 55.7 180 MONTHLY LABOR R EV IEW T able 7.—A V ER A G E R E TA IL PR IC ES OF T H E P R IN C IP A L Memphis, Tenn. Article Milwaukee, Wis. Minneapolis, Minn. Dec. 15— Dec. 15— Nov. Dec. Nov. Dec. Nov. Dec. 15, 15, 15, 15, 15, 15, 1927 1927 1927 1927 1913 1926 1927 1927 1913 1926 1913 1926 Unit Dec. 15— C ts . C ts . C ts . C ts . C ts . C ts . C ts. C ts. C ts . C ts. C ts. C ts. Sirloin steak......................... Pound__ . Round steak____________ doi_____ Rib roast______ ____ ____ ___do_____ Chuck roast_____________ — do_____ 24.0 20.0 21.0 15.0 35.9 32.7 25.9 19.4 38.9 36.4 28.8 22.3 38.9 36.4 28.9 22.4 23.4 21.6 18.8 16.4 37.8 33.2 28.0 24.5 41. 1 35. 9 29. 5 26.3 40.8 36.0 29.4 26.3 19.3 18.0 18. 7 14.7 31. 1 27.9 24.4 20.4 35. 2 31. 2 27.8 23.0 34.8 31.2 28.0 23.3 Plate b e e f _____ _______ Pork chops______________ Bacon, sliced _ . Ham, sliced____________ __ d o _____ ___do_____ _ do ____ __do______ 12. 5 20.0 30 0 29.0 15. 2 33. 2 42. 7 55.0 18 8 30.7 39. 2 51.4 19. 2 29. 1 38 9 50. 6 12.1 17.4 27 4 27.8 14. 5 33.0 48.8 51. 3 16.0 33. 1 46.8 47.6 16. 3 28.4 46. 1 46.8 10.0 17.2 26. 7 28. 3 12.4 32. 4 48. 8 52.5 14.3 34.4 46.4 50.8 15.0 30.2 46.7 48.5 Lamb, leg of____________ Hens ________ _____ . . . Salmon, canned, red _ . . M ilk, fresh _____________ ___do_____ 20.6 37.9 35.7 __ do __ _ 19. 6 31. 0 30. 5 __ do ___ 34. 3 30.4 Quart____ 10.0 15.0 15.0 M ilk, evaporated. _ _____ 15-16 oz.can B utter__________________ Pound___ Oleomargarine (all butter __ do_____ substitutes). Cheese____________ . . . _ __ do _____ Lard.. ____________ ____ __do____ Vegetable lard substitute.. __ do ____ Eggs, strictly fresh ............ Dozen___ 35.2 18.5 36.5 37.2 30. 9 17.2 32. 1 29. 9 33. 6 33.8 30. 4 15.0 7.0 11.0 11.0 37.0 14.6 34.4 33.6 33.7 31. 2 16.4 32.8 30. 7 33.4 34. 2 39.0 36.0 36.1 11.0 8.Ö 11.0 12.0 12.0 11.4 11.6 11.8 11.2 11.6 11.6 11.0 11.3 11.3 38.8 56.8 55.6 57.3 38.8 60. 1 54.2 58.6 36.9 60.0 53.9 57.1 25.8 25.6 25.6 27.4 25.1 25.3 27.2 27. 1 27.1 22. 0 33. 8 15. 0 17. 6 21. 2 39.0 52.2 37. 3 16.4 21. 8 48.8 38.4 22. 3 35.4 16. 2 16. 0 20. 4 22. 8 26. 7 51.4 40.0 63.3 37.1 19. 5 26. 7 61.8 38.0 21.3 35.4 36. 5 37.5 19 6 15.4 18.9 18. 5 18.5 27.4 27.0 27.1 26 5 61. 5 39. 1 54.8 50.6 53.9 Eggs, storage____________ B re a d ________ ____ . . Flour. ____ __________ Corn meal______________ . —do_____ 30.0 43.3 38.5 38.3 33.0 43.1 39.1 39.0 31.6 39.6 37.5 40.0 Pound___ 6.0 9.5 9.5 9.5 5. 7 9.0 9. 1 9. 1 5.6 8.9 8.7 8.7 __do ___ 3. 5 6. 1 6. 0 6.0 3. 0 5. 2 4. 8 4 7 2 8 5.4 5. 1 5.1 . —do_____ 2.5 3.7 3.7 3.6 3.2 5.7 5.6 5.7 2.5 5.2 5.3 5.4 Rolled o a ts ________ ____ Corn f la k e s ____ ___ Wheat cereal _____ . . . Macaroni___ ___________ __ do ____ 8-07,. pkg 28-oz.pkg Pound___ Rice___ _____ ___________ Beans, n a v y ____________ Potatoes. . . . _____ Onions ............... .................. _—do_____ -_ do_____ __do ____ . —do_____ Cabbage . __________ Beans, baked___ _______ Corn, canned___ ________ Peas, c a n n e d ___________ __ d o _____ No. 2 can .. — d o _____ ___do_____ 5 84 84 2 9 3 9 3 6 24. 6 24 7 0 17.4 17 8 8 2 8.1 8.1 10 8 9. 8 9.8 25. 3 25. 5 25.6 18.9 18. 8 18.8 8.3 9.4 3. 2 4. 7 9.0 11.3 10.4 10.3 8 5 8. 6 8 7 1.7 3 5 2 5 2J) 4 6 4.3 4J) 8.6 11.0 10.3 10.2 9 5 9. S 9.9 1.6 3 2 1. 9 2. 2 5 0 4. 5 4.3 3.9 3.4 3.4 11.6 11.0 11.0 15.6 14. 7 14.6 16.9 15.0 15.0 4 0 28 33 11.1 11.2 10.9 15 5 15. 8 15 9 16. 3 15. 2 15 7 3 7 2.8 2.9 12.4 12.4 11.8 14 3 14. 0 14.2 14. 7 14.4 14.7 9.1 9 0 9.0 10. 9 9 8 9.8 25.1 25. 8 25. 7 19.2 19.4 19.4 8.1 2.0 9.4 9.1 4 5 5.1 8.6 9. 5 32 4.6 8 10 24 18 Tomatoes, ca n n ed ______ d o _____ 10.4 Sugar, granulated_______ Pound___ 5.3 7.1 T e a ... ._ _ _ _______ _ do_____ 63.8 99 C Coffee ___ ___________ __do______ 27.5 49.6 9.9 10. 1 13.4 13 2 13 4 13 7 13. 5 13 3 7. 1 6.9 5.5 6.9 6.8 6.8 5.0 7.3 7.3 7.3 OO 0 00 0 00 8 98 4 98 4 50 0 71 0 70 0 70 3 47. 6 47. 6 27.5 46 8 42 7 43 0 3o! 8 53 9 50 3 50 8 Prunes _______________ Raisins_________________ B ananas.. ___________ _ Oranges........................ 13. 9 14. 6 2 9. 0 42.9 i Whole. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis __do ____ __do ____ D ozen . —do ___ 15. 9 14. 6 2 9.0 37.3 14. 1 14. 2 2 9. 0 42.0 16. 5 14 1 14 0 14 6 13 9 14 6 2 9. 9 210. 0 210 1 52. 9 53.2 52.6 10 8 14 9 14J) 14 4 14 3 13 4 211 8 2113 211 5 57.6 60.4 59.4 181 R ETA IL PRICES OF FOOD A R TIC L ES OF FOOD IN 51 C ITIES ON SP E C IF IE D D A T E S—Continued Mobile, Ala. Newark, N . J. N ew Haven, Conn. N ew Orleans, La. N ew York, N . Y. Dec. 1,5— Dec. 15— Dec 15— Nov. Dec. Nov. Dec. Nov. Dec. Nov. Dec. 15, 15, 15, 15, 15, 1927 1927 1926 1927 1927 1913 1926 1927 1927 1913 1926 1927 1927 1913 1926 1913 1926 1927 1927 Dec. Nov. Dec. Dec. 15— Cts. Cts. Cts. Cis. Cts. Cts. Cts. Cts. Cts. 27.2 26. 5 21.0 17.3 44.5 42.7 35.4 24.8 Cts. Cts. 35.9 35.5 29. 1 23.8 Cts. Cts. 35.9 35.0 29.5 23.6 Cts. Cts. 34.5 33.6 28.2 22.3 48.7 46.4 37.8 28.6 49. t 46.9 10. t 29.2 30.8 28.4 22.8 18.8 53.5 43.7 35.9 26.8 58. 7 47.3 38.9 29.2 58.7 47. 6 39.2 30.0 21.5 19. 1 18.5 15.4 34.9 31.0 29.6 20.9 36.3 32. 5 30.8 21.7 37.0 33.3 31. 0 22.5 Cts. Cts. C ts. Cts. 25.7 25.3 21.3 15.8 44.1 43.0 38.8 24.6 50.3 47.1 42.6 28.4 50.6 47.1 43.0 29.5 17.3 39. 1 51. 2 54.3 18.4 37.7 44.8 52.7 18.4 37.3 42. 8 49.6 12.4 21.0 25.3 19.8 13.0 37. 2 48.4 56.2 16.0 36.4 45.0 55.2 17.2 15.5 16.2 33.6 19.6 38.2 38.3 43.9 28.2 49.7 46.2 52.0 30.8 62.9 58.7 16.4 33.8 45.9 58.5 12.0 24.0 30.4 27.0 18.2 36.9 51.4 54.0 18.6 35.7 46.9 49.3 19.4 32.7 44.5 46.8 14.5 18.4 25.5 29.0 20.2 41.5 50.1 61.3 22.6 40.6 49.2 58.0 23.6 36.9 47.8 56.5 40.7 36.8 34.0 17.8 41.4 36.3 34.7 17.8 40.7 20.0 37. 3 38.5 36.9 18.7 38.8 39.3 38.5 20.5 38.6 38.8 38.5 15.4 36.9 35.0 >23.4 38.3 36.4 35.7 23.3 42.0 39.9 40. 1 22.0 37.3 35.0 36.0 20.7 40.3 34.4 32.4 32.8 32.8 32.8 34.3 34. 3 37.4 37.0 37.0 31.9 18.0 9.0 15.0 16.0 16.0 9.0 16.0 16.0 16.0 9.8 14.0 14.0 14.0 9.0 15.0 37.0 38.5 34.2 16.0 36.3 37.5 34.6 16.0 11.8 11.8 11.5 11. 2 11.5 11.1 12.1 12.1 12.1 11.1 11. 1 11.2 11.1 60.2 56. 6 57.0 43.7 63.6 59.3 61. 7 37.3 57.7 54. 9 55.6 39.8 58. 5 56.4 58.5 41.1 63.3 30.9 29.4 29.4 — 30.5 30.2 30.5 — 29.9 29.5 29.4 — 31.7 29.0 29.1 — 31.3 11.1 11.1 59.0 61.3 28.0 27.3 37.5 20.3 20.6 64.6 40.3 20.6 25.9 80.0 38.1 19.8 21.3 53.0 38.1 24.8 39.8 40.9 19.7 16.3 20.8 19.7 21.3 25.8 25. 4 53.4 57.2 73.8 74.7 48.2 42.0 43.6 35.6 48.1 9.8 10.1 10. 1 5.5 9. G 6.4 6. 1 6. 1 3.6 5.5 4.0 4.1 4. 1 3.6 6.7 39. 9 23.5 38.3 40. 1 40.3 21.9 36.7 39.2 39.9 20.2 37.7 19. 5 15. 6 20.4 18.7 18.7 15.0 20.1 19. 5 19.3 16.1 20.5 25. 6 26.0 25.4 25.6 19.7 20.0 19. 6 26.2 70. 6 56.4 89.1 80.9 82.6 34.0 56.1 46.6 48.7 54.3 76.8 42.9 43.1 9.5 9. 1 5.3 5. 2 7.0 6.9 34.2 52.2 49. 6 47.5 30.0 41.5 38.0 38.7 36.7 48.0 6. 0 9.2 9. 2 9.2 5.0 8.8 8. 7 8.7 6. 1 9.6 3. 1 5. 7 5.4 5.2 3.7 7.0 6.6 6.6 3.2 5.4 3.2 6.7 7.0 7.0 2.7 4.0 4.1 4.4 3.4 6.5 8.6 8.6 8.5 11.1 9. 5 9.5 25.4 24. 5 24.5 20.9 20.7 20.7 — 10.4 8.9 5.0 5.1 9.0 10.9 10.2 10. 2 9.3 11.6 10.2 10.0 _ 9.5 10.0 10. 1 9.7 9.4 9.5 4. 4 3.3 3.3 1. 7 3.9 3.2 3.2 5.0 5.0 4.8 — — 5.5 5.3 5.3 8.5 8.2 8. 2 10.0 9.3 9.2 24.3 24.2 24. 2 21.0 21. 4 21.4 — 9.3 9.7 9.3 10.8 10.2 10.2 24.9 24. 6 24.1 22.4 22.3 22. 2 — 9.0 8.8 8.9 10.3 9. 7 9.6 24.6 24.6 24. 6 10.0 10.6 10.7 — 40.5 20.3 25.5 73.2 42.1 42.9 9.6 9.6 5.4 5.4 6.7 6.5 8 6 10.0 24.1 21.1 8 fi 8 fi 9.1 9.1 24.0 23.9 21.1 21.1 9.2 8.9 3.8 4.4 8.0 10.1 10.2 4.3 — 5.0 10.1 9.9 10.2 10.2 3.5 3.5 4.9 5.0 4.1 4.5 4.1 10.7 11. 1 10.6 15.4 14. 4 14.7 17.5 17.6 17.6 4 2 10.6 14 5 15.3 8 F t 8 fi 11.0 11.0 14 5 14J) 14.9 14.7 10.8 10. 2 10. 2 11.3 10.5 10. 5 12.6 13.0 12.8 11.8 10. 5 10.3 10.8 7.4 7.1 7.0 5.3 6.6 6. 7 6. 7 5.5 7.2 7. 1 7.0 5. 1 6.9 6.6 6.6 4.9 6.5 80.7 80.3 80.0 53.8 62.9 60. 1 60. 1 55. 0 60.4 60.3 58.9 62. 1 82. 6 79.3 79.5 43.3 65.7 50.1 47.8 48.4 29.3 49. 1 46.9 47.4 33.8 52.2 49.4 49.9 25.0 35.5 35.4 35.4 27.2 47.4 11.2 11.0 6.3 6.2 67.3 66. 5 45.8 46.4 15.4 14.4 23.0 38.7 12.8 13.6 38.5 67.4 9. 5 9.2 3.7 4.5 9.3 9.2 4.0 4.6 4.9 4.7 4.5 10.9 10.2 10.3 17.5 15.8 15.8 16.6 15.3 15.6 12.5 13.8 25.0 46.0 12.7 13.4 24.4 43.9 7.5 _ 2.5 — __ 4. 1 4.4 4.4 10.6 10.3 10.3 16.4 15.1 15. 3 17.0 17.8 17.9 — 14.8 14.8 38. 1 50.7 14.0 14.4 38.0 57.4 2 Per pound. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13.0 14.5 38.0 57.8 2.2 — 4.5 4.5 4.5 11.2 11.7 11.5 18. 9 18.1 18. 1 20.3 18.8 18.6 — 15.9 14. 0 34. 5 53.2 14. 2 13.5 32.5 54.9 13.9 13.7 33.4 53.1 — 9.9 8.5 4.7 4.3 17.8 14. 2 14. 6 40.0 9.4 8.7 3.9 4.5 15. 4 13. 1 15. 8 43.8 14.3 13.2 17.5 46.9 2.4 — 14.6 14.3 40.3 58.5 12.2 13.2 37.8 62.7 182 MONTHLY LABOR R EV IEW T able 7 —A V ER A G E R E T A IL PR IC ES OF T H E P R IN C IP A L Norfolk, Va. Article Sirloin steak_________ Round steak_________ Rib roast____________ Chuck roast__________ Plate beef___ Pork chops--. Bacon, sliced. Ham, sliced. . Lamb, leg of.............. ......... Hens________ ____ _____ Salmon, canned, red____ Milk, fresh........................ . Unit Omaha, Nebr. Peoria, 111. Dec. Nov. Dec. Dec. 15— Nov. Dec. Dec. N ov. Dec. 15, 15, 15, — 15, 15, 15, 15, 15, 1926 1927 1927 1913 1926 1927 1927 1926 1927 1927 Cts. Cts. Cts. Cts. Cts. Pound. ___ do.. ___ do.. ___ d o.. Cts. Cts. 41.9 36.4 32.9 23.9 Cts. Cts. Cts. 40.6 38.8 31.6 22.7 42.3 37.0 32.6 24.4 26.0 22.4 20.0 16.6 37.1 34.5 26.3 22.0 39.1 36.8 26.6 23.2 38.9 36.1 26.5 23.1 34.8 34.1 25.1 22.2 35.5 34.4 25.3 22.5 34.8 34.0 25.6 22.8 _do. _do. _do. -d'o. 16.3 34.8 48.0 49.5 15.9 34.2 41.7 47.0 17.5 32.0 43.1 46.3 11.2 19.7 28.0 30.0 12.8 36.2 53.0 58.7 13.6 34.5 48.8 50.4 14.6 30.5 48.1 49.3 15.0 34.7 50.4 56.8 15.3 32.3 48.8 53.8 15.3 31.3 47.7 50.4 ___ do. ___ do. ___ do. Quart.. 38.6 37. 1 34.0 17.5 39.2 37. 1 35.9 18.0 40.5 36.5 35.7 18.0 16.3 15.6 36.2 31.2 36.0 11.3 37.5 29.5 35.5 11.3 37.6 29.8 35.8 11.3 40.0 33.3 35.6 12.0 40.0 31.7 34.5 13.0 39.4 32.2 35.5 13.0 11.6 53.9 28.0 11.8 52.6 26.2 11.8 53.9 26.4 11.4 57.8 29.4 11.2 53.0 28.2 11.3 55.9 28.9 38.6 20.3 25.4 46.1 38.7 20.2 25.6 51.1 37.0 20.4 27.1 64.7 37.8 18.8 27.6 55.7 38.3 19.2 27.7 60.2 8.7 Milk, evaporated_________ 15-16 oz. can. Butter___________________ Pound_____ Oleomargarine (all butter ___ do_____ substitutes). Cheese________ _________ ___ do_____ Lard_____________________ ___ do-------Vegetable lard substitute__ ___ do_____ Eggs, strictly fresh________ Dozen_____ 34.7 19.1 21.9 64.7 37.5 19.1 23.0 63.0 36.0 36.3 23.4 27.3 52.1 Eggs, storage________ Bread............................. Flour_______________ Corn meal...................... ____do.. Pound. ___ do.. ___do.. 48.0 45.4 47.5 9.9 9.9 9.9 5.8 5.5 5. 5 4.5 4.6 4.6 31.7 5.2 2.8 2.5 43.2 10.2 4.7 4.9 35.9 9.7 4.5 4.7 40.1 9.7 4.5 4.6 45.4 10.1 5.6 5.0 39.9 10.0 5.2 4.8 40.1 10.0 5.2 4.9 Rolled oats-.. Corn flakes. Wheat cereal. Macaroni___ ___ do____ 8-oz. pkg._ 28-oz. pkg. Pound___ 8.7 8.5 8.4 10.3 9.7 9.7 23.8 24.8 24.8 19.0 19.1 19.0 10.4 12.8 28.0 21.2 10.1 10.1 27.8 21.3 10.1 10.1 27.8 21.3 9.1 11.9 25.2 19.4 9.3 10.2 26.3 18.6 9.3 10.1 26.1 18.6 R ic e............... Beans, n avy. Potatoes........ O nions.......... .do. -do. -do. -do. 12.3 11.6 11.4 8.6 8.4 8.5 4.6 3.7 3.7 6.0 5.3 4.8 11.4 9.9 4.0 5.3 10.9 10.0 2.2 5.3 11.0 10.1 2.3 5.3 11.7 9.0 3.8 5.8 11.2 9.1 2.3 5.5 11.3 9.0 2.4 5.0 Cabbage_____ Beans, baked. Corn, cannedPeas, canned.. ___ do___ No. 2 can. ___ do___ ___ do___ 4.7 4.5 4.2 9.8 9.9 9.9 15.4 14.6 14.8 19.8 17.3 17.4 4.3 13.7 15.6 16.1 3.3 13.0 15.9 15.4 3.4 12.9 16.3 15.9 3.7 11.7 16.2 18.1 3.1 11.1 15.0 17.8 3.1 11.1 15.3 17.4 Tomatoes, canned____ Sugar, granulated........ . T e a ....................... ........... Coffee............................. ____do.. Pound. ___ do.. -----do.. 9.9 9.7 9.7 7.0 6.8 6.8 89.4 96.4 96.4 51.3 48.4 48.8 13.6 7.6 78.8 55.0 13.1 7.4 78.1 53.6 13.2 7.3 77.8 53.7 13.3 7.7 70.1 51.3 12.7 8.4 70.8 47.8 12.9 8.3 70.5 48.1 Prunes... Raisins... Bananas . Oranges.. ___ do. ___ do. Dozen. ___ do. 15.0 14.5 33.3 43.9 11.2 11.8 11.8 59.6 58.9 60. 5 27.2 27.4 25.0 36.4 19.4 22.4 62.2 14.1 14.1 34.0 50.9 13.3 13.5 34.5 51.1 37.2 23.5 17.6 8.5 2.0 5.7 56.0 30.0 16.4 14.4 14.0 18.6 18.0 17.1 15.3 14.9 14.7 15.1 14.3 14.2 3 11.7 3 11.8 311.9 3 10.7 310.4 3 11.2 55.1 47.1 54.4 52.1 47.6 49.7 1The steak for which prices are here quoted is called “ sirloin” in this city, but in most of the other cities included in this report it would be known as “ porterhouse” steak. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [394] 183 RETA IL PRICES OF FOOD A R TIC L ES OF FOOD IN 51 C ITIES ON SP E C IF IE D D A T E S—Continued Pittsburgh-, Pa. Philadelphia, Pa. Portland, Me. Portland, Oreg. Providence, R. I. Dec. 15— Nov. Dec. Dec. 15— Nov. Dec. Dec. Nov. Dec. Dec. 15— Nov. Dec. Dec. 15— N ov. Dec. 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 1913 1926 1927 1927 1913 1926 1927 1927 1926 1927 1927 1913 1926 1927 1927 1913 1926 1927 1927 Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. 130.0 1 54.4 1 59.0 1 61.4 27.0 45.3 49.3 50.3 1 60.1 1 64.7 1 64.3 2 1 . 8 26.0 41.2 45.2 46.8 2 2 . 8 38.8 41.0 41.3 46.0 47.0 47.7 2 1 . 0 2 1.8 36.3 39.0 40.4 2 1 . 8 34. 1 35.6 36. 6 29.7 32.2 32.5 18.7 17.8 26.0 28.7 30.4 16.7 25.0 27.8 28.5 2 1 . 6 2 2 . 8 23.1 16.0 Cts. Cts. C ts. 29.4 26. 1 24.6 18.6 31.0 28.8 26.2 19.9 31.3 1 39.2 ‘ 70.2 29. 1 31.0 49.4 26.2 23.8 38.3 20.4 18.8 29.0 13. 5 38. 1 55.0 57.4 15.1 36.4 53.4 55.4 Cts. Cts. Cts. 1 Cts. 76.2 ‘ 76.4 50.9 53.0 40. 7 41.1 30.5 31.7 12 .1 12 .8 14.7 40.9 38.8 2 0 .6 25.0 47.5 45. 1 29.1 59.7 54.8 15.8 12.7 13.6 15.4 16.4 36.3 2 0 . 8 37.6 39.2 34.6 43.9 28.8 53.5 50.7 49.3 53.3 29.0 62.4 57.3 56.7 16.6 39.5 45.5 57.9 18.5 39.6 43. 1 52.0 19.3 33.1 43.6 51.0 15.7 18.0 34.6 19.6 40.0 51.7 2 2 . 8 45.9 54.8 32.7 60.4 19.1 40.1 41.9 54.8 19.3 35.5 41.2 55.0 18.8 40.2 40.9 29.9 8 . 0 ' 13.0 39.8 20.7 40.0 40.1 39.8 24.8 44.1 41. 6 34.4 32.9 33. 1 13.0 9.2 14.7 15.0 37.5 41.3 33.1 13.8 36.9 40.2 35.4 13.8 36.2 17.1 35.8 35.9 35.4 19.0 40.2 40. 1 2 1 . 0 35.0 32.2 32.2 24.2 42.5 36.2 35.0 35.7 35.3 35.2 15.0 9.7 1 2 . 0 1 2 . 0 1 2 . 0 9.0 15.2 39.8 41.0 32.9 15.7 38.2 39.6 33.9 15.7 12 .2 12 .2 2 2 .6 40.8 40.0 34.7 13.0 40.4 41. 2 33.0 15.0 13.0 21.4 30.3 30.8 11.5 1 1 . 8 11.7 11.4 1 1 . 2 1 1 . 2 12.4 12.5 12.5 12 .2 10.7 10.5 10.5 46.6 65.3 61.9 63.7 42. 0 64.0 59. 4 63. 2 58. 9 57.4 58.8 41. 5 55.6 55.9 57.8 38.8 56.6 30.8 28.9 29.0 — 32.0 31.4 31.5 28.0 26.4 26.7 — 28.9 30.3 26.3 25.3 — 53.9 54.1 27.4 27.5 25.0 39.3 40.8 15. 2 19.2 18.3 25. 1 25.2 48.3 74.0 66.5 37.4 18.7 26.6 83.1 — 41.0 24.5 39.7 41.3 41.4 18. 1 15.6 20.9 19.7 19.9 25.0 27.5 27.3 27.5 68.5 49.2 70.6 63.4 65.4 37.9 19.1 25.8 80.3 38.7 18.6 26.6 77.9 39.5 2 0 . 8 38.2 38.6 38.3 2 2 . 0 36.8 18.6 17.3 2 2 . 8 2 1 . 0 2 0 . 6 15.8 18.9 26.6 26.6 28.9 28.7 28.6 72.4 50.8 53.5 54.9 47.1 57.3 76.5 34.7 49.3 46.7 45.2 35.1 49. 1 43.8 45.2 52.4 48.1 48.8 37. 5 44.0 41.0 35.0 35. 6 50.4 4. 8 9.5 9.4 9.4 5.4 9.2 8.4 8 . 6 9.9 10.3 1 0 . 2 5.5 9.5 9.2 9.2 6 . 1 9.2 3. 1 5.4 5.1 5.0 3.2 5.3 5.1 5.0 5.6 5.3 5.3 2.9 5.2 4.8 4.7 3.4 5.9 2 .8 4.7 4.9 5.0 3.0 5.9 5.7 5.9 5.1 5.0 5.0 3.6 5.5 5.5 5.6 2.9 5.0 __ .. 9.8 2.3 .. 8.5 8.5 8.5 9.4 9.4 10 .1 24.4 24.6 24.6 2 0 .8 20. 5 20.9 11.8 9.0 4.7 4.8 11.2 9.5 3.5 4.5 .1 9.4 3.6 4.2 — 9.2 12.5 11 4.6 3.2 2.9 10. 5 1 0 . 8 1 0 . 8 14.8 14.0 14.3 15.3 14.3 14.6 9.4 9.2 9.1 8 . 1 7.8 7.8 10. 5 9.9 9.9 1 1 . 6 9.7 9.8 25.0 24.9 25. 1 25.8 25.5 25.5 23.7 23.6 23.4 24.9 24. 1 24.2 8 .8 1.9 — 4. 0 5.4 .1 8.9 2.9 4.9 1 1 13.5 9.0 9.5 2.9 3.6 4.8 4.6 11.2 10.3 1 0 . 2 10.4 11.4 9.6 9.6 26.8 27.0 26.8 18.0 18.3 18.3 — 11.9 9.9 9.8 8 .6 10.4 9.8 2 .8 2 .8 1.2 2 .6 4.3 4.4 12 .2 9.6 2.4 3.4 — 9.3 2 .2 1.7 3.7 25.4 23.7 8.9 9.0 9. 5 9.5 25.1 25.1 23.0 23.1 11.8 10 .8 10 .8 9.7 9.6 .. 47.0 47.5 9.1 9.0 5.5 5.6 5.1 5.1 9.9 3.7 5.0 9.9 2.9 4.5 10 .8 9.9 2.9 4.6 3.9 11.4 18.1 19.5 3.7 3.9 10.9 1 0 . 8 17. 1 16.8 18.4 18.7 12.5 11.7 11.5 12. 5 12.5 1 2 . 2 13.4 2 16.1 2 16.4 2 17.3 5.0 6.7 6.7 6 . 6 5.5 7.4 7.4 7.3 7.5 7.2 7.1 6 . 0 7.3 7.2 7.0 5.1 7.1 54. 0 69.4 67. 9 67.8 58.0 85. 1 83.0 82.8 61.9 62.2 62. 2 55.0 76.6 76. 7 76.4 48.3 60.8 24. 5 45.9 40.2 40.4 30.0 51.3 47.2 47.6 53.7 49.1 50.1 35.0 51.9 51.9 51.9 30.0 53.6 12.9 12 .8 6.9 6.9 61.1 61.1 49.2 50.0 ______ — — 12 .1 11.8 14.4 13.6 30.7 45.7 12.7 1 2 . 8 13.3 13.2 31.9 33.0 52.9 49.4 5.0 3.9 3.7 3.4 2.7 2.4 12 .6 12 .6 15.4 14.6 14.2 12 .6 16.8 16.2 16.3 16.9 13.9 14.4 17.1 17.0 17.3 18.4 17.3 17.4 3.7 — 10 .1 9.2 38.3 18.4 26.2 69.4 — 3.6 12 .8 2.9 12 .0 3.5 12 .0 18.1 18. 1 18.4 19.0 17.5 17.8 — — 11.6 17.1 14.6 40.3 47.6 — 2 No. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 23 15. 6 14.0 41. 5 51.4 14.2 13.6 42.4 52.0 3 10 .2 9.9 15.1 13.0 13.3 10 .1 13.5 1 2 . 8 12.9 13.8 13.0 13.3 10.9 3 11.4 3 11.7 3 12.9 3 13.0 3 11.9 52.7 64.0 56.0 ........ 51.1 57.1 55.9 — ^ can. 5 [395] Per pound. 15.2 14.3 32.5 53.0 13.5 13.7 32.5 6 . 04 13.0 13.6 31.4 59.3 184 MONTHLY LABOR R EV IEW T able 7 —AVERAGE R E TA IL PR IC ES OF T H E P R IN C IP A L . Rochester, N . Y. ichmond, Va. Article Unit 15— Nov. Dec. Dec. Nov. Dec. Dec. 15— Nov. Dec. 15, 15, 15, 15, 15, 15, 15, 1926 1927 1927 1926 1927 1927 1913 1926 1927 1927 C ts. Sirloin steak. _ Round steak. Rib roast____ Chuck roast. _ Pound. ___ do. ___ do. ----- do. Plate beef___ Pork chops... Bacon, sliced. Ham, sliced - . ___ do. ___ do. ___ do. ___ do. St. Louis, Mo. C ts . C ts . C ts . C ts. C ts. C ts. C ts . C ts. C ts. C ts. 22.2 40. 1 42. 2 42. 2 41. C 43.1 43.8 26.6 36.7 40.5 39.7 20.0 35. 1 37. 1 37. a 34. 5 37. a 37.3 23.6 35.2 39.2 38.5 18.9 31.5 33.5 33.6 30.0 32.4 32.6 19.5 30.4 32. 2 32.5 15.9 23.3 24.2 24.5 24.8 27.6 27.7 15.9 21.7 24.0 23.3 13.2 16. 1 17.3 17.6 14.0 15.6 15.7 12.8 16.0 16.8 16.2 20.8 37.9 37. c 33.6 39.2 39.8 35.3 17.8 33.0 32.5 28.8 25. 0 45. S 43.8 42.7 44.8 41. 1 40.6 25. 0 46.2 43.3 41. 9 25.0 47. 1 44.8 46.1 56.3 52.4 51.4 27.3 53.9 51.9 51.0 Lamb, leg of. ..d o . 19.3 44.1 43.8 41.5 Hens_______ 19.3 35.8 34. t 34.3 ._do. Salmon, canned, red. 34. 4 35.5 35.3 -do. Milk, fresh_________________ Quart______ 10.0 14.0 14.0 14.0 36.8 39.1 32.3 12.5 Milk, evaporated___________ Butter_____________________ Oleomargarine (all butter sub stitutes). Cheese____________________ Lard______________________ Vegetable lard substitute____ Eggs, strictly fresh__________ 15-16 oz. can Pound____ ___ do_____ ___ do......... ___ do......... ----- do......... Dozen......... 22.3 36.6 36.7 15.4 19.5 19.4 25.4 25.9 38. Ö 60.6 59.5 36.3 19.2 24. 5 72.7 Eggs, storage.. . B read........... . Flour_________ Corn meal___i. ____do. Pound. ____do. ........ do. 33.2 45.6 42.2 41.7 47.4 47.2 44.9 28.8 41.7 36.1 36.8 5.3 9.3 9.4 9.3 9.0 9.0 9.0 5.6 9.8 9.9 9.9 3.2 5.8 5.4 5.4 5.6 5.3 5.2 2.9 5.3 5.2 5.1 2.3 4.5 4.8 4.8 5.5 6.1 6.2 2.6 4*3 4.4 4.3 Rolled o a ts... Corn flakes, iWheat cereal . Macaroni___ ___ do___ 8-oz. pkg._ 28-oz. pkg. Pound___ Rice_______ Beans, navy. Potatoes____ Onions........... .d o . -do. .d o . .d o . Cabbage____ Beans, baked. Corn, canned. Peas, canned. ----- do___ No. 2 can. ----- do___ ----- do___ Tomatoes, canned . Sugar, granulated. Tea-------------------Coffee___________ ___ do. Pound. ----- do. ----- do. Prunes.. R aisins.. Bananas. Oranges . ___do. ___ do. Dozen. ___do. 37.9 18.3 37.8 36.4 35.7 39.2 17. a 33.9 31.0 31.8 36.4 35.5 35.8 35.3 13.5 8.8 13.0 13.0 13.0 12.4 12.6 12.5 11.9 11.3 11.3 10.3 10.9 10.9 62.9 59.6 60.6 57.5 55.8 56.2 39.6 63.6 58.9 61.3 31.9 30.7 30.7 30.1 29.9 29.0 — 27.6 26.7 26.8 37.1 19. 1 25.6 58.4 39.6 18.3 26.0 68.7 39.9 20.7 36.3 38.7 38.6 18. 1 12.7 16.4 15.6 15.6 25.6 25.7 25.3 25.3 64.6 40.8 57.6 51.4 54.2 8.9 8.5 8.5 9.2 9.1 9.2 10.9 9.7 9.7 10.6 9.6 9.5 25.4 25.9 25.9 25.4 25.7 25.6 20.2 20.9 20.9 20'. 7 20.2 20.8 10.0 12.7 11.6 11.4 10.2 10.5 2.Ö 9.3 4.5 6.8 9.5 3.2 5.7 9.5 3.2 5.0 9.1 3.3 4.8 9.4 2.6 4.4 9.9 9.3 2.6 4.3 4.6 3.7 3.9 3.0 2.2 2.2 9.9 10.2 10.1 10.4 10.1 10.2 15.4 15.3 15.2 16.8 16.6 16.3 20.0 18.4 18.5 18.4 17.7 17.5 8.4 8.4 8.4 10.0 9.0 9. 1 24.5 24.7 24.7 20.9 20.1 20.1 8.2 10.7 10.1 8. 1 8.8 1.7 4.3 3.0 5.0 5.0 9.9 8.4 3.0 5.1 3.8 3.4 3.5 10.6 10.3 10.2 15.8 15.6 14.7 15.6 15.1 14.7 10.3 10.3 10.1 13.8 13.6 13.6 11.5 11.1 11.0 5.4 7.1 7.0 7.0 6.9 6.6 6.4 5.1 7.4 7.0 6.9 56.0 88.9 92.2 92.2 68. 7 69. 6 69.0 55.0 73.8 76.1 75.7 26.8 48.7 45.5 45.8 47.7 45.3 46.0 24.4 48.2 45.4 45.8 16.7 13.9 37.7 45.4 1No. 2Li can. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 38.4 38.7 35.6 13.5 [396] 14.7 13.9 39.0 47.9 14. 1 12.9 39.0 46.8 15.8 13.9 37.7 52.4 14.2 14. 6 36.4 53.9 14.1 13.5 38.3 51.3 17.9 14. 5 32.3 48.7 15.2 13.7 31.5 50.8 14. 8 13.4 32.1 50.3 R ETA IL PRICES 185 OF FOOD ARTIC LES OF FOOD IN 51 CITIES ON S P E C IF IE D D A T E S —Continued St. Paul, Minn. Salt Lake City, Utah San Francisco, Calif. Savannah Ga. Scranton, Pa. Dec. 15— Nov. Dec. Dec. 15— Nov. Dec. Dec. 15— Nov. Dec. Dec. Nov. Dec. Dec. 15— Nov. Dec. 15, 15, 15, 15, 15, 15, 15, 1913 1926 1927 1927 1913 1926 1927 1927 1913 1926 1927 1927 1926 1927 1927 1913 1926 1927 1927 Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. Cts. 25.0 20.8 19.6 16.0 Cts. Cts. Cts. Cts. 37.6 32.1 30.3 24.6 38.7 34.1 31.8 25.9 22.6 20.0 19.0 14.5 30.4 27 7 23.9 18.5 Cts. Cts. Cts. Cts. 35. i 30.2 28.3 22.9 33.2 30.5 25.6 20.4 33.8 31.8 26.5 21.9 21.0 20.0 21.7 15.0 32.0 29.4 30.0 19.1 34.2 32.6 31.9 21.4 35.8 34.0 33.7 22.7 33.6 26.8 27.3 18.2 35.4 29.2 26.3 18.4 35.4 28.8 27.9 19.0 25.5 21.5 22.8 17.6 50.5 42.5 37.6 28.1 54.5 46.1 39.8 31.0 54.7 45.3 39.6 31.2 10.3 17.4 26.0 27.0 13.3 32. 7 47.6 49.7 15.1 32.2 45.3 47.2 15.5 28.5 44.6 44.7 12.5 23.4 29.0 30.0 13.2 38.0 50.8 60.0 14.6 37.3 47.4 56.2 15.2 34.4 46.9 54.2 15.0 24. 2 34. 4 34.0 15.7 45. 0 61.8 66.2 16.9 43.8 57.3 63.8 18.7 40.5 56.8 61.4 13.7 34.5 46.9 48.8 15.7 32.5 41.7 44.2 15.2 31.1 40.7 43.8 11.3 20.8 25.8 27.7 13.3 42.7 52. i 60.6 14.3 40.5 48.6 55.5 14.6 37.3 47.1 55.0 34.5 16.6 37.0 30.5 24.5 45. 1 34.5 31.5 11.0 10. Ó 14.0 38.6 43.1 33.0 14.0 39.6 42.6 33.3 14.0 39.0 35.7 35.6 17.0 38.0 31.8 33.6 17.0 40.0 18.7 44.3 30.8 21.8 43.9 34.6 34.2 17.0 8.8 12.0 44.1 42. 7 36. 1 12.0 43.5 42.4 35.9 13.0 16.3 31.8 32.1 16.8 30. 6 29.1 37.7 37.6 7.8 11.0 12.0 _____ 31.9 18.0 34.6 34.7 30.2 22.6 33.3 30.3 38.3 36.8 35. 7 12.0 8.7 11.3 11.0 C ts. Cts. 11. 7 12.1 11.9 10.6 10.6 10.5 10.1 10.3 10.1 11.0 11.5 11.5 11.8 36.9 57. 3 52.0 55. 1 40. 0 52.4 51.8 53.4 38.6 55.8 58.7 58.5 59.2 56.7 59.1 37.8 56.4 26.4 25.2 25.1 ........ 29.2 27.0 26.8 — 30.8 25.3 25.8 34.9 31.5 30.9 ........ 29.2 11.9 11.9 56.4 57.2 28.4 28.4 21.0 25.5 37.6 14.8 19.8 18.8 27.6 28.7 37.6 55. 4 47.9 36.6 19.9 26. 1 67.0 — _____ 37.9 24.2 30.2 30.7 18.7 19.7 23.2 21.5 28.7 __ 29.4 29. 1 54.6 48.3 50.1 49.2 30.8 42. 4 37.1 40.8 37.0 6.0 10. 0 9.5 9.5 5.9 2.8 5. 5 5. 1 5.2 2.4 2.5 5.0 5.0 5.2 3.3 10. 0 12. 0 26.8 18.7 10.1 10.2 26.3 18.3 10.1 10.0 26.5 18.3 9.9 4.2 5.4 9.9 4.1 5.6 31.0 21.0 38.9 39.7 39.8 21.4 18.0 24.5 23.3 23.3 28.9 28.4 27.8 28.2 45.4 53.3 53.3 55.6 49.4 9.7 4.1 5.6 35.6 19.3 16.6 62.9 37.6 19.4 17.9 58.8 37.5 18.3 35.9 19.6 16.5 21.2 17.7 26.8 58.2 52.5 72.7 4L 7 44.8 44.3 45.0 46.8 43. 4 43.6 35.3 50.2 5.9 9.8 9.5 9.5 10.5 10.7 10.7 5.5 10.4 3.4 5.9 5.6 5.6 6.7 6.6 6.6 3.6 6.1 3.5 6.3 6.3 6.3 3.6 3.7 3.7 ........ 7.7 8.9 8.8 8.7 12.4 10.2 10.4 25.3 25.8 25.8 20.2 19.4 19.6 9.8 9.8 10.1 10.1 25.2 25.3 22.9 23.2 9.8 8.5 11.7 9.7 11.3 3.7 Ï.9 4.1 5.7 ........ 5.4 10.7 10.4 11.0 10.9 3.0 3.0 4.8 4.6 4.8 4.5 4.5 3.6 13.4 12. 9 12.7 12.3 12.2 12.2 11.0 18.3 18.0 18.1 15.1 14.7 14.8 17.5 18.4 17.8 17.8 16.5 16.6 16.6 ........ 17.1 3.4 3.3 11.2 11.2 16. 8 16.9 17.3 17.6 14.3 14.0 14.0 14.0 14.1 14.0 114. 6 114.9 114. 7 10.2 9.9 10.0 12.6 5.1 7.6 7.3 7.3 5.8 8.2 8.0 8.1 5.4 7.1 6.9 6.9 7.3 6.9 6.9 5.5 7.2 45.0 68.7 65.4 63.2 65.7 87.7 87.2 87.0 50. 0 69.3 72.8 72.8 81.3 81.9 82.7 52.5 67.9 30.0 52.8 52.4 51.7 35.8 56.0 54.3 54.3 32.0 53.4 52.5 52.6 47.7 45.4 45.5 31.3 52.8 12. 2 12.4 7.1 7.0 71.5 71.2 49.5 49.7 10.0 11.9 10.6 11.0 8.2 10.4 9.6 9.5 9.8 9.1 1.4 3.2 1.8 1.8 1.4 2.6 4.7 4.1 4.2 ........ 2.7 9.1 8.9 1.9 2.7 _____ — 14.8 14.9 211.8 58.8 14.2 15.2 212.0 57.7 ........ 15.6 13.6 214.2 45.2 13.4 13.1 212.3 54.0 J Per pound. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10.0 8.9 8.7 8.7 10. 1 10. 3 9. 6 9.7 25.3 24.3 24.3 24.5 15.9 18.3 18.3 18.5 8.6 8.5 11.9 10.6 10.7 9.9 8.7 9.5 9.9 9.8 10.2 1.8 Ï. 9 3.9 3.0 3.0 4.6 2.6 ........ 4.0 3.8 3.8 6.2 3. 7 1.8 3.4 3.2 2.7 2.8 13. 9 13.7 13.7 14. 1 12.8 13.1 15. 0 14.4 14.6 14.9 14.7 14.9 15.6 15.4 15.5 ........ 16.1 15.6 15.6 16.4 15. 4 212. 0 ........ 58.1 10.1 10. 1 25.2 16.0 45.4 45.7 10.7 10.6 5.8 5.8 7.6 7.5 9.9 11. 0 25.5 23.0 __ 9.7 10.5 25.3 16.0 37.3 19.7 25.7 70.9 — 12.9 12.9 212.3 51.3 ........ 14.0 12. 8 30.5 50.3 11.3 12. 2 31.3 53.6 11.2 11.9 31.9 50.6 14.9 14.4 31.0 32.3 9.6 9.6 3.8 5.9 13.5 14.4 31. 2 40.3 13.3 14.0 31.7 42.5 — 16.9 14.7 33.0 56.3 15.0 14. 4 33.0 56.8 14.9 13.9 33.3 58.1 186 MONTHLY LABOR R EV IEW T able 7.—A V ER A G E R E T A IL P R IC E S OF T H E P R IN C IP A L A R T IC L E S OF FO O D IN 51 C ITIES ON S P E C IF IE D D A T E S —Continued Seattle, Wash. Article Unit Sirloin steak---------------Round ste a k .-........ ......... Rib roast_____________ Chuck r o a s t ............ ....... Pound_____ ___ do_____ ___ do-------___ do_____ Springfield, 111. Washington, D . C. Dec. 15— Nov. Dec. Dec. Nov. Dec. Dec. 15— Nov. Dec. 15, 15, 15, 15, 15, 15, 15, 1927 1927 1926 1927 1927 1913 1926 1927 1927 1913 1926 C ts . C ts . C ts . C ts . C ts . C ts. C ts. 32.7 29.0 27.2 19.5 C ts . C ts. 23.6 20.6 20.0 15.6 C ts . 35.1 31.4 28. 7 21.8 C ts . 35.7 32.3 29.4 22.9 35.4 35.0 23.8 21.9 36.3 35. 7 24.8 22. 5 36.8 35.9 25.2 23.1 26. 5 22.6 21.0 17.3 46.4 39.3 34.5 25.4 48.2 41.9 35. 2 26. 2 48.2 41.6 34.4 26.5 12.9 24. 0 33.0 30.0 14.7 39.5 56.9 61.5 16.5 38.3 56.4 58.1 16.7 37.8 55.4 58.2 14.0 33.8 48.1 55.4 15. 1 31.8 45.8 48.8 15.6 27.5 44.5 46.8 12.4 19.9 24.9 29.0 14.1 39.8 48.6 60.3 14.8 37. 2 44.2 56.8 15.0 32.2 43.0 56.5 ____do_____ 18.0 ____do_____ 24.6 ____do_____ Quart______ y. 8 15-16 oz.can. Pound_____ 43.8 Oleomargarine (all but ____do_____ 36.3 35.1 34.8 12.0 10.7 56.4 28.7 35.0 32.2 34.8 12.0 10.5 55.0 26.1 35.3 32.9 35.3 12.0 10.5 57.7 26.0 37.5 31.7 37.9 14.4 11.8 61.5 30. 3 38.3 32.0 36.0 14.4 11.8 54.8 28. 2 37.5 19.4 40.3 38.8 38.5 33.6 22.0 39.3 37.9 38.2 31.9 34.4 34.0 35. 7 14.4 9.0 15. 0 15.0 15.0 12. 1 12. 1 12.1 11.8 58.7 42.3 63.7 59.4 61.7 30.6 28.4 28. 5 28. 2 22. 3 16.9 35.0 22.2 28.2 35.3 21.0 27.2 35.4 20.9 26.9 38.0 20.8 28.0 39.4 18.6 27.3 3 9 .3 Plate beef__________ Pork chops_________ Bacon, sliced________ Ham, sliced............... .do _do. _do. -do. Lamb, leg of__________ Hens-------------------------Salmon, canned, red----M ilk, fresh___________ M ilk, evaporated_____ _ B utter________________ ter substitutes). Cheese_______________ Lard_________________ Vegetable lard substi tute. Eggs, strictly fresh_____ ------do_____ ____do_____ ------do-------Dozen_____ 54.2 51.8 54.5 47.6 65.8 58.2 59.1 42.1 72.8 65.8 65.0 Eggs, storage. Bread........ . Flour_______ Corn meal__ ___ doPound. ___ do_ ----- do. 37.0 6.6 2.9 3.3 37.5 9.8 5.0 5.1 44.0 9.8 4.7 5.7 41.5 9.7 4.6 5. 5 48.3 10.1 5.9 4.9 42.1 10.3 5.4 4.9 41.4 35.0 49.8 45.2 46.5 10.3 5.5 8.9 9.1 9.1 5.3 3.8 6.3 5.6 5.6 4.8 2.6 5.0 5.1 5.5 Rolled oats_. Corn flakes. . Wheat cereal. Macaroni___ ----- do___ 8-oz. pkg. 28-oz. pkg. Pound__ 9.0 11.4 27.6 18.4 8.6 10.1 27.5 18.1 8.6 10.2 27.1 18.2 10.1 11. 8 27.3 19. 3 10. 2 10. 2 27.5 18. 9 10.1 10. 2 27.6 18. 6 R ic e .......... . Beans, navy. Potatoes___ Onions_____ do. do. do. do. 12.2 9.8 2.9 3.8 11.0 10.4 1.9 3.2 11.1 10.2 1.9 3.5 11.2 9.4 4.0 4.6 10.9 9. 5 11.0 2 .6 4 .2 2 .6 4 .4 Beans, baked. Corn, canned Peas, canned. Cabbage____ ----- do___ No. 2 can. ___ do___ -do. 4.0 12.9 18.2 20.1 3.2 11.6 17.3 18.0 3.7 11.8 17.4 18.4 4.2 10.9 15. 2 17.1 3.1 10. 3 15. 0 16. 3 3. 6 10. 2 15.1 16.1 Tomatoes, canned. Sugar, granulated . T ea_____________ Coffee___________ 117.4 116.5 116.1 ----- do_____ 7.4 Pound_____ 6.1 7.1 7.1 ----- do_____ 50.0 78.1 75.2 76.0 ----- do-------- 28.0 51.5 49.5 49.9 13.8 8.2 82.1 54.0 13.6 7.8 84.6 50.8 14.0 11.3 10.0 10.5 7.7 5.0 7.0 6.8 6.7 84.2 57.5 89.5 89. 1 90.4 49.7 28.8 48.5 43.9 44.1 P run es.. Raisins.. Bananas. Oranges . ----- do. ----- do. Dozen ----- do 1 No 2 — 7.7 1.5 2 14.0 14.1 13.9 50.4 2 12.0 12.0 15.9 14. 3 13.3 13.2 15. 9 14.4 12. 9 2 13. 0 2 11.2 2 10. 3 56.0 52.5 60.8 52.1 can. 23.5 40.2 41.1 41.4 18.5 15.0 19.4 18.1 17.8 25.1 23.8 24.3 27.7 — 9. 3 14. 3 14.1 2 10 .1 58.5 9.2 9.2 9.4 10.8 9.4 9.5 24.5 24.5 24.3 23.9 22.4 22.5 9.4 12.4 11.6 11.2 8. 7 8.9 9. 2 1.8 4.4 3.4 3.5 5.5 4.7 4.5 4.7 3.8 4.5 10. 5 10.0 10.1 15. 7 14.7 15.5 16.6 14.8 15.6 17.8 14. 2 35 0 50.0 14.4 13.6 34. 2 48.2 14.5 13. 7 37. 0 51.5 2 p er pound. C h a n g e s in R e ta il F ood C o sts in 51 C itie s r~TABLE 8 shows for 39 cities the percentage of increase or decrease 1 in the retail cost of food 3 in December, 1927, compared with the average cost in the year 1913, in December, 1926, and in Novem ber, 1927. For 12 other cities comparisons are given for the oneyear and the one-month periods. These cities have been scheduled by the bureau at different dates since 1913. These percentage changes are based on actual retail prices secured each month from 3 For list of articles see note 5, p. 167. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [398] 187 RETA IL PRICES OF FOOD retail dealers and on the average family consumption of these articles in each city.4 T a b l e 8 .— P E R C E N T A G E CHANGE IN T H E R E TA IL COST OF FOOD IN D E C E M B E R , 1927, C O M PA R E D W ITH T H E COST IN N O V E M B E R , 1927, D E C E M B E R , 1926, A N D W ITH T H E A V ER A G E COST IN T H E Y E A R 1913, B Y C ITIES Percent Percent age de age in crease De crease De cember, cember, 1927, compared 1927, compared with D e with 1913 cember, 1926 City Atlanta B altim o ra Birmingham Boston Bridgeport__ Buffalo Butte Charleston, S. C,_ Chicago Cincinnati Cleveland Columbus Dallas— ________ Denver__ Detroit i 0.5 i 0.6 0.5 0.6 1 0.5 Minneapolis _____ Mobile___________ Newark. N ew Haven . N ew Orleans_____ 61.1 4.7 3.0 4.8 4.3 4.0 i 0.4 0.9 i 0.4 0.5 1 0.8 N ew York, . . Norfolk__________ Omaha....... .............. Peoria— - , __ Philadelphia______ 63.0 4.8 4.8 2 0.4 4.6 3.8 0.1 0.5 1.3 0.7 10.2 Pittsburgh — ___ Portland, M e, ___ Portland, O reg___ Providence _____ Richmond- _____ 39.0 56.9 62.7 0.7 1.2 1 0.3 1 1.0 i 0.5 Rochester________ St. Louis, ______ St. Paul ______ Salt Lake C i t y ___ San Francisco____ 0.8 1 1.5 0.1 i 1.4 0.4 0.2 Savannah________ Scranton ____—, Seattle____ ____ Springfield, 111, _ _ Washington, D . C_ 55.9 66. 6 56.3 54.8 58.2 41.0 62.4 In d ia n apolis 50. 9 46.8 48.8 1.5 4.6 4.3 7.9 5.2 48.3 43.4 53. 0 53 8 46.7 58.5 4.0 3.0 3. 6 2.7 2.5 3.5 Little Rock Los Angeles Louisville TVTan C h e ste r M emphis. _____ Milwaukee_______ City 2.9 3. 9 3.1 1.3 1.9 59.7 __- Percent Percent age in Percent age de age in crease De crease De crease D e cember, cember, 1927, cember, 1927, compared compared 1927, compared with De with No with 1913 cember, vember, 1926 1927 60.0 62.3 62.7 61.6 Fall River Houston Jacksonville Kansas City Percent age in crease De cember, 1927, compared with No vember, 1927 1 Decrease. 53.3 52.7 59.6 53.0 64.4 48.4 60.0 58.2 33.7 52.5 65.3 43.5 63.7 2.2 4.3 2.2 3.0 3.3 1.3 0.1 i 1.1 0.0 0.4 1.0 2.0 6.3 4.6 3.3 1 1.0 0.1 0.7 1.1 0.8 4.0 2.1 2.2 3.3 3.8 1.0 0.1 i 1.6 12.1 1 0.6 2.4 4.2 3.6 2.8 1.5 i 1.1 10.1 1.8 10.7 i 0.8 3.2 1.6 2.6 6.1 5.1 0.0 1.1 10.4 0.2 0.0 2 Increase. Effort has been made by the bureau each month to have all sched ules for each city included in the average prices. For the month of December 99 per cent of all the firms supplying retail prices in the 51 cities sent in a report promptly. The following-named 37 cities had a perfect record; that is, eivery merchant who is cooperating with the bureau sent in his report in time for his prices to be included in the city averages: Atlanta, Baltimore, Birmingham, Boston, Bridge port, Butte, Charleston, S. C., Cincinnati, _Cleveland, Columbus, Dallas, Detroit, Fall River, Houston, Indianapolis, Jacksonville, Little Rock, Louisville, Memphis, Milwaukee, Mobile, Newark, Nor folk, Omaha, Peoria, Pittsburgh, Portland, Me., Portland, Oreg., Providence, Richmond, Rochester, St. Louis, St. Paul, San Francisco, Scranton, Springfield, 111., and Washington. * Tlie consumption figures used from January, 1913, to December, 1920, for each article in each city were given in the November, 1918, issue, pp. 94 and 95. The consumption figures which have been used for each month beginning with January, 1921, were given in the March, 1921, issue, p. 26. 82645°—28- -13 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [399] 188 m onthly labor r e v ie w The following summary shows the promptness with which the merchants responded in December, 1927: R E TA IL PR IC E R E PO R TS R E C E IV E D FOR D E C E M B E R , 1927 Geographic division United States Item Percentage of reports received- _ _____ Number of cities in each section from which every report was received_______ R e ta il P r ic e s North Atlantic South Atlantic North Central South Central 99.0 98.0 99.4 99.0 99.4 97.0 37 9 7 11 7 3 Western of Coal in t h e U n ite d S t a t e s “ HE following table shows the average retail prices of coal on January 15 and July 15, 1913, December 15, 1926, and Novem ber 15 and December 15, 1927, for the United States and for each of the cities from which retail food prices have been obtained. The prices quoted are for coal delivered to consumers, but do not include charges for storing the coal in cellar or coal bin where an extra handling is necessary. In addition to the prices for Pennsylvania anthracite, prices are shown for Colorado, Arkansas, and New Mexico anthracite in those cities where these coals form any considerable portion of the sales for household use. The prices shown for bituminous coal are averages of prices of the several kinds sold for household use. T T atu.e 1.—AVER A G E R E TA IL PR IC ES OF COAL P E R T O N OF 2,000 PO U N D S, FOR H O U SE HOLD USE, ON JA N U A R Y 15 A N D JULY 15, 1913, D E C E M B E R 15, 1926, A N D N O V E M B E R 15 A N D D E C E M B E R 15, 1927 1913 1927 City, and kind of coal J a n .15 U n ited S tates: P en n sy lv a n ia a n th ra cite— Stove— Average price____ . . . Index (1913 = 100) C h e stn u t— Average price ____________ in d ex (1913=100)____ __ B itu m in o u s — Average price . . . . . . . _ . Index (1913=100)___________ _ Atlanta, Ga.: Bitum inous____________________ . . . Baltimore, Md.: Pennsylvania anthracite— Stove__________________________ Chestnut.... _________ ________ Bituminous _______ ______________ Birmingham, Ala.: Bitum inous________________________ July 15 1926, Dec. 15 N ov. 15 Dec. 15 $7. 99 103.4 $7.46 96.6 $15.66 202.7 $15. 44 199.9 $15.45 199.9 $8.15 103. 0 $7.68 97.0 $15. 44 195. 0 $15. 07 190. 5 $15.08 190.6 $5.48 .8 100 $5.39 99.2 $10.15 186.8 $9. 32 171. 5 $9.31 171.3 $5.88 $4.83 $9.10 $8.37 $8.37 17. 70 i 7. 93 17.24 1 7.49 1 16.00 115. 50 8.38 1 16. 00 1 15. 25 8.11 i 16. 00 i 15. 25 8.14 4. 22 4.01 8.09 7.81 7. 79 1 Per ton of 2,240 pounds. “ Prices of coal were formerly secured semiannually and published in the March and September issues. Since July, 1920, these prices have been secured and published monthly. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [400] 189 RETA IL PR IC ES OF COAL T able 1.—A VERAGE R ETA IL PR IC ES OF C OAL P E R TO N OF 2,000 PO U N D S, FOR H O U SE HOLD USE, ON JA N U A R Y 15 A N D JULY 15, 1913, D E C E M B E R 15, 1926, A N D N O V E M B E R 15, A N D D E C E M B E R 15, 1927—Continued 1927 1913 1926, Dec. 15 City, and kind of coal Jan. 15 E'Oston, Mass.: Pennsylvania anthracite— Stove_______________ _________ Chestnut______ _ ____________ Bridgeport, Conn.: Pennsylvania anthracite— Stove -. - ___ Chestnut ___ Buffalo, N . Y.: Pennsylvania anthracite Stove __ _______ _________ Chestnut____________ _________ Butte, Mont.: Bituminous _ _________ Charleston, S. C.: Bitum inous________________________ Chicago, 111.: Pennsylvania anthracite— ________ Stove . Chestnut_______ . - ___ Bitum inous________________________ Cincinnati, Ohio: Bituminous__________ ____________ Cleveland, Ohio: Pennsylvania anthracite— Stove __________________ - ___ Chestnut_________ _______ .. Bituminous ______________ _____ Columbus, Ohio: Bituminous Dallas, Tex.: Ark ansas anthracite— Egg Bitum inous_________ _____ ___ ___ Denver, Colo.: Colorado anthracite— Furnace, 1 and 2 m ix e d ________ Stove, 3 and 5 m ix e d ___ _______ Bitum inous____________ _____ Detroit, Mich.: Pennsylvania anthracite— Stove _______ _ ________ Chestnut___________ _ _____ Bitum inous____________ _______ . Fall River, Mass.: Pennsylvania anthracite— Stove ___________ ______ Chestnut_______ ______ _ Houston, Tex.: Bituminous Indianapolis, Ind.: Bituminous _________ ______ Jacksonville, Fla.: Bitum inous_________________ ______ Kansas City, Mo.: Arkansas anthracite— Fnm a,op, ftto v p , No. 4 Bituminous __ ______ ______ Little Rock, Ark.: Arkansas anthracite— Egg _ _ __ _____ Bituminous __________ ______ Los Angeles, Calif.: ----B itum inous.------ ------ --------Louisville, Ky.: Bitum inous_____________ _________ Manchester, N . H.: Pennsylvania anthracite— Stove ________ _____ ___ Chestnut____. . . -------Memphis, Tenn.: Bitum inous--- -------------------- 1 Per ton of 2,240 pounds. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8. 25 8. 25 July 15 $7. 50 7.75 N ov. 15 Dec. 15 $16. 50 16. 25 $16. 25 16. 00 $16. 25 16. 00 16. 00 16. 00 15. 00 15.00 15.00 15. 00 13. 97 13. 57 6. 75 6. 99 6.54 6.80 13. 76 13. 39 13.97 13.57 11.04 11.03 10.95 i 6. 75 i 6. 75 11.00 11.00 11. 00 8.00 8. 25 4. 97 7. 80 8. 05 4. 65 17.00 16. 80 10. 34 16.95 16. 46 9. 29 16. 95 16. 46 9.17 3. 50 3. 38 8. 90 7.10 7.08 7. 50 7. 75 4.14 7. 25 7. 50 4.14 15. 40 15.00 10. 38 15.20 14. 70 9. 03 15. 20 14. 80 9. 01 8.29 7. 24 7. 24 8. 25 7.21 16. 00 13. 22 15. 50 12. 70 15.50 12.70 8. 88 8.50 5. 25 9. 00 8. 50 4. 88 16. 00 16. 50 10. 71 16.10 16.10 10. 61 16.10 16.10 10.58 8.00 8. 25 5.20 7. 45 7. 65 5.20 16.17 15. 83 11.05 16.00 15.50 9. 35 16.00 15.50 9. 31 8. 25 8. 25 7. 43 7.61 16. 75 16. 25 16. 75 16. 25 16. 75 16.25 13.50 12. 20 12. 80 3.81 3.70 7. 94 7. 35 7.28 7. 50 7.00 14. 00 14.00 14.00 4. 39 3. 94 14.50 15. 83 7. 93 14.10 15. 33 7. 81 14.20 15.33 7.50 6.00 5. 33 14. 00 10. 83 13.50 10.43 13.50 10.55 13. 52 12.50 16. 50 16.50 16. 50 4.20 4.00 8.40 7.50 7.50 10.00 10.00 8. 50 8.50 17.50 17.50 17.50 17. 25 17. 50 17. 25 2 4.22 8 . 78 8 . 30 8.30 2 4. 34 2 Per 10-Barrel lot (1,800 pounds). 1401] 190 MONTHLY LABOR R E V IE W T able 1.—A VERAGE R E TA IL PR IC ES OE COAL P E R TO N OF 2,000 PO U N D S, FOR H O USE HOLD USE, ON JA N U A R Y 15 A N D JU LY 15, 1913, D E C E M B E R 15, 1926, A N D N O V E M B E R 15 A N D D E C E M B E R 15, 1927—Continued 1913 1927 City, and kind of coal Jan. 15 July 15 1926, Dec. 15 Milwaukee, Wis.: Pennsylvania, anthracite— Stove______________________ $8.00 $7.85 $16. 80 Chestnut______ _____ 8 25 8.10 16. 65 Bitum inous________ _______ . 6. 25 5. 71 11.40 Minneapolis, Minn.: Pennsylvania anthracite— Stove . ___ ______ _______ 9. 25 9.05 18.10 Chestnut_________ _ 9 50 9. 30 17.95 Bitum inous______ _____ 5.89 5. 79 11.83 Mobile, Ala.: Bitum inous______ __________ 10.12 Newark, N . J.: Pennsylvania anthracite— Stove _ _ __ _ 6. 50 6. 25 14.00 Chestnut __ _______ 6. 75 6.50 13.50 N ew Haven, Conn.: Pennsylvania anthracite— _______ Stove _ ______ 7.50 6. 25 15. 30 Chestnut_______ ____ 7. 50 6. 25 15. 30 N ew Orleans, La.: Bituminous _______________ 26.06 2 6.06 11.21 New York, N . Y.: Pennsylvania anthracite— Stove__ ___ ___________ _ ______ 7 07 6. 66 14. 75 Chestnut______________________ 7.14 6.80 14.50 Norfolk, Va.: Pennsylvania anthracite— S to v e_ _______ _ ______ 16.00 _ _____ C h e stn u t_______ 16.00 Bitum inous_____________________ 10.25 Omaha, N ebr.: Bitum inous____ ____________ _ 6.63 6.13 10.32 Peoria, 111.: Bitum inous_________________ 7.45 Philadelphia, Pa.: Pennsylvania anthracite— Stove_____________ ___ i 7.16 1 6.89 1 15. 79 Chestnut________ _________ i 7.38 i 7.14 1 15. 61 Pittsburgh, Pa.: Pennsylvania anthracite— Chestnut____ _ _ ______ i 8.00 1 7.44 15. 50 Bitum inous______________ 3 3.16 3 3.18 6.49 Portland, Me.: Pennsylvania anthracite— S t o v e ._____________ __ 16.80 Chestnut__________ ______ 16.80 Portland, Oreg.: Bitum inous______________ 9. 79 9.66 13.46 Providence, R. I.: Pennsylvania anthracite— Stove __ ____ _ _____ 4 8.25 4 7.50 4 16. 50 Chestnut_______ ______ 4 8.25 4 7. 75 4 16. 50 Richmond, V a.: Pennsylvania anthracite— Stove___________ 8. 00 7.25 16. 50 Chestnut_____ ________ 8. 00 7. 25 16. 50 Bitum inous__________ 5. 50 4.94 11.84 Rochester, N . Y.: Pennsylvania anthracite— Stove____________ 14. 60 Chestnut_____________________ 14.15 St. Louis, Mo.: Pennsylvania anthracite— Stove _ _______________ 8. 44 7.74 17. 45 C h e stn u t___________________ 8.68 7.99 17. 20 Bitum inous_______ 3. 36 3.04 7. 50 St. Paul, M inn.: Pennsylvania anthracite— Stove ______ ___ 9. 20 9. 05 18.10 Chestnut_________ _________ 9.45 9. 30 17. 95 Bitum inous_______________ 6. 07 6.04 12.16 1 Per ton of 2,240 pounds. 2 Per 10-barrel lot (1,800 pounds). 3 Per 25-bushel lot (1,900 pounds). 4 The average price of coal delivered in bin is 50 cents higher than here shown, delivered m bin. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [402] N ov. 15 Dec. 15 $16. 65 16.20 9. 51 $16.65 16.20 9.48 18.15 17.70 11.81 18.15 17.70 11.72 9.46 9.71 14.00 13.50 14.00 13.50 15.10 15.10 15.10 15.10 10.29 11.29 14. 75 14. 46 14.75 14.42 15.00 15.00 9.07 15.00 15.00 9.07 10. 21 10.21 7.16 7.12 i 15.04 114.54 1 15. 04 >14.54 14.88 5.69 14.88 5.69 16.80 16.68 16.80 16.80 13. 52 13.39 4 16. 25 4 15.94 4 16.25 4 16.00 15. 50 15. 50 9.68 15. 67 15. 50 9. 75 14.60 14.15 14.60 14.15 16.90 16.45 7. 29 16.90 16.45 7.14 18.15 17. 70 11. 98 18.15 17. 70 11.98 Practically all coal is 191 RETA IL PRICES OF COAL T 1 .— AVER A G E R E TA IL PR IC ES OF COAL PE R TO N OF 2 ,0 0 0 PO U N D S, FOR H O U SE HOLD USE, ON JA N U A R Y 15 A N D JULY 15, 1913, D E C E M B E R 15, 1926, A N D N O V E M B E R 15 A N D D E C E M B E R 15, 1927— Continued able 1927 1913 1926, Dec. 15 City, and kind of coal J a n .15 Salt Lake City, Utah: Colorado anthracite— Furnace, 1 and 2 mixed .... ._ Stove, 3 and 5 mixed _________ . Bitum inous___ _ _________________ San Francisco, Calif.: N ew Mexico anthracite— ________________ Cerillos egg Colorado anthracite— Egg _ _____ ____ - ................... B itu m in o u s__ ____________________ Savannah, Ga.: Bituminous ____________ Scranton, Pa.: Pennsylvania anthracite— Stove ________________ Chestnut ____________________ Seattle, Wash.: Bitum inous________________________ Springfield, 111.: Bituminous Washington, D . C.: Pennsylvania anthracite— Stove ________________________ Chestnut ____________________ Bituminous— P r e p a r e d sizes, low volatile Prepared sizes, high volatile July 15 Nov. 15 Dec. 15 $11. 00 11.00 5.64 $11. 50 11.50 5.46 $18. 00 18. 00 8.46 $18.00 18.00 8. 34 $18.00 18.00 8. 32 17.00 17.00 26. 50 25. 50 26.50 17. 00 12.00 17. 00 12. 00 25. 75 17.11 25.00 16. 63 25.75 17.25 » 13. 50 « 11.25 »11.13 4. 25 4. 50 4.31 4.56 11.00 10.67 10. 75 10. 50 10.75 10.50 7.63 7.70 10.44 10.06 10.06 4. 38 4. 44 4.44 1 7.50 i 7. 65 1 7.38 i 7. 53 B u n of m in e m ix e d 115. 91 115. 59 1 1 15.51 14. 99 1 112. 00 19. 75 18.94 1 11.08 1 1 1 1 9.00 7.88 1 P e r t o n o f 2,240 p o u n d s . . 15. 51 15.01 11. 00 i 8.75 1 7.88 , « All coal sold in Savannah is weighed by the city. A charge of 10 cents per ton or half ton is made. This additional charge has been included in the above price. The following table shows for the United States both average and relative retail prices of Pennsylvania white ash anthracite coal, stove and chestnut sizes, and of bituminous coal in January and July, 1913 to 1925, and for each month of 1926 and 1927. An average price for the year 1913 has been made from the averages for January and July of that year. The average price for each month has been divided by this average price for the year 1913 to obtain the relative price. T able 2 —A VERAGE A N D R E LA T IV E PR IC ES OF COAL FOR T H E U N IT E D STA TES ' ON SP E C IFIE D D A T E S FROM JA N U A R Y , 1913, TO D E C E M B E R , 1927 Bituminous Pennsylvania anthracite, white ash Year and month Average price 1913— A v e ra g e for year _______ Janu ary_______ - ____ July _______________ 1914— J anuary _______________ July _ ___________ 1915— j anuary _____________ J u ly ..'.----------- ------ ------ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chestnut Stove Relative price Average price Relative price price $5 . 4 3 5. 48 5. 39 Relative price m o 7.46 103.4 96.6 $7. 91 8. 15 7. 68 103.0 97.0 7. 80 7. 60 100.9 98.3 8.00 7. 78 101.0 98.3 5 .9 7 5.46 109.9 100.6 7. 83 7. 54 101.4 97.6 7. 99 7.73 101.0 97.7 5.71 5. 44 105.2 100.1 $7 . 7 3 7 .9 9 1 0 0 .0 [403] 10 0 .0 10 0 .8 99 .2 192 T MONTHLY LABOR REV IEW 2 .—A VERAGE A N D R E LA T IV E PR IC ES OP COAL FOR T H E U N IT E D ST A TES ON SP E C IFIE D D A T E S FR OM JA N U A R Y , 1913, TO D E C E M B E R , 1927—Continued able Pennsylvania anthracite, white ash Stove Year and month Average price 1916_____________ January____________ _ July- -------------------------1917— January________________ July -------------------------1918— January-._ . _________ July. -------------------------1919— January ______ _ . ___ July -------------------------1920— January_______ _______ _ July -------------------------1921— January_________ _____ _ July- -------------------------1922— Janu ary________ _____ . July- -------------------------1923— Januarv... ________ __ July. -------------------------1924— January________________ July-----------------------------1925— January.- _________ July-----------------------------1926— January_____ _____ ____ February ___________ March __________ April____ _____ _ . . . M a y _____ __________ June___ ______ _____ July- -------------------------A u g u st_____ _________ September _ ______ October._____ ______ November __ ________ December_______________ 1927— January________________ February - _______ . March . . ______ April__ _____ M ay_______ ________ June_____________ July. -------------------------A u g u s t..-_____ - _____ September . ______._ October N ovem ber__ December.. ____________ Chestnut Relative price Average price Relative price Average price Relative price $7. 93 8.12 $102. 7 105.2 $8.13 8.28 $102. 7 104.6 $5.69 5.52 $104 8 101.6 9. 29 9.08 120. 2 117. 5 9.40 9.16 118. 8 115.7 6. 96 7. 21 128 1 132.7 9.88 9. 96 127.9 128.9 10. 03 10. 07 126.7 127.3 7. 68 7. 92 141 3 145.8 11. 51 12.14 149.0 157.2 11. 61 12.17 146.7 153.8 7. 90 8.10 145 3 149.1 12. 59 14.28 162. 9 184.9 12. 77 14. 33 161.3 181.1 8. 81 10. 55 152 1 194.1 15.99 14. 90 207.0 192.8 16.13 14. 95 203.8 188.9 11. 82 10.47 217 6 192.7 14.98 14. 87 193.9 192.4 15. 02 14. 92 189.8 188.5 9. 89 9.49 182 O 174.6 15.43 15.10 199.7 195. 5 15.46 15. 05 195.3 190.1 11.18 10.04 205 7 184.7 15. 77 15. 24 204. 1 197.2 15. 76 15.10 199.1 190.7 9. 75 8.94 179 5 164.5 15.45 15.14 200.0 196.0 15.37 14.93 194.2 188.6 9. 24 8. 61 170 0 158.5 0) (0 16.12 15. 54 15.41 15. 40 15. 43 15. 49 15. 55 15. .56 15.64 15.66 (!) C1) 208.6 201. 2 199. 5 199.3 199.7 200.4 201. 3 201.4 202.4 202. 7 (>) (') 15.91 15.37 15.18 15.18 15. 19 15.23 15. 30 15.31 15.41 15.44 (‘) (') 201. 1 194.2 191.8 191.8 191. 9 192. 5 193.4 193. 5 194. 7 195.0 9. 74 9. 72 9. 25 9.11 8. 76 8. 67 8. 70 8 81 9. 25 9. 59 10. 24 10.15 17Q 3 178 8 170 2 167 6 161 2 159 5 160 1 162 1 170 3 176.5 188 4 186Ì8 15.66 15. 65 15.80 14.94 14.88 15.06 15. 15 15. 15 15. 38 15. 42 15. 44 15.45 202. 7 202. 6 201. 9 193.4 192. 6 194.9 196. 1 196. 1 199. 1 199. 6 199.9 199.9 15. 42 15. 44 15. 36 14. 61 14. 53 14. 70 14.81 14. 80 15. 03 15. 07 15. 07 15. 08 194.8 195.0 194. 0 184. 6 183.6 185.7 187. 1 187. 0 189.9 190.4 190. 5 190.6 9. 96 9. 86 9. 74 8. 95 8. 88 8. 89 8. 91 8. 99 9. 20 9. 33 9. 32 9.31 183 3 181 4 179 3 164. 7 163 4 163.6 163 9 1 Insufficient data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Bituminous [404] 165 4 169 3 171 7 171 5 171.3 MONTHLY L A B O R REV IEW 193 Retail Prices oiF Gas in the United States r-p H E net price per 1,000 cubic feet of gas for household use in each of 51 cities is shown in the following table. In Table A 1 the average family consumption of manufactured gas is assumed to be 3,000 cubic feet per month. In cities where a service charge or a sliding scale is in operation, families using less than 3,000 cubic feet per month pay a somewhat higher rate than here shown, while those consuming more than this amount pay a lower rate. The figures here given are believed to represent quite closely the actual monthly cost of gas per 1,000 cubic feet to the average wage-earner’s family. Prices for natural gas and for manu factured and natural mixed gas are shown in Table 2 for those cities where it is in general use. These prices are based on an estimated average family consumption of 5,000 cubic feet per month. T 1 . — N E T PR IC E PE R 1,000 CUBIC F E E T OF M A N U F A C T U R E D GAS BA SE D ON A FA M IL Y C O N SU M PT IO N OF 3,000 CUBIC F E E T , IN SP E C IF IE D M O N TH S FROM A PR IL, 1913, TO D E C E M B E R , 1927., BY CITIES able City Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. May Mar. Mar. June June June June Dec 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1927 A tlanta________ $1.00 $1.00 $1.00 $1.00 $1.00 $1. 00 $1.15 $1.15 $1. 90 $1.65 $1. 65 $1.55 $1.55 $1.55 $1.55 $1. 55 Baltimore.. ____ .90 .80 .80 .75 .75 .75 .75 .75 .75 .92 .92 .85 .85 .85 .85 .85 Birmingham____ 1.00 .95 .95 .95 .95 .95 .95 .95 .88 .88 .80 .80 .80 .80 .80 .80 Boston_________ .81 .81 .80 .80 .80 .86 1.05 1.08 1.40 1.34 1.25 1.20 1. 18 1.18 1. IS 1. 18 B ridgeport____ 1.00 1.00 1.00 1.00 1.00 1.00 1.10 1.10 1.47 1. 60 1. 50 1. 45 1.45 1.45 1. 45 1.45 Buffalo 1 00 1. oo 1 00 1. 00 1 00 1. 00 1. 45 1. 45 1. 45 1. 45 B u tte .__ ____ . . 1.49 1.49 1.49 1.49 1.49 1.49 1.49 1. 49 2. 10 2.10 2.10 2.10 2.10 2.15 2.10 2.10 Charleston_____ 1. 10 1.10 1.10 1.10 1.00 1.10 1. 10 1.25 1.55 1. 55 1.55 1. 55 1. 55 1.55 1. 55 1.55 Chicago ______ .80 .80 .80 .80 .80 .72 .90 .87 1.20 1.07 1. 07 1.02 1. 02 1.02 1.02 1. 02 Cleveland .80 .80 .80 .80 .80 .80 .80 .80 .80 .80 .80 1.25 1. 25 1.25 1.25 1.25 Denver ___ .85 .80 .80 .80 .80 .85 .95 .95 .95 .95 .95 .95 .95 .95 .90 .90 Detroit ._ _____ .75 .75 .75 .75 .75 .75 .79 .79 .85 .79 .79 .82 .82 .79 .79 .79 Fall River . . . .80 .80 .80 .80 .80 .95 .95 1.05 1.25 1. 15 1.15 1. 15 1.15 1.15 1.15 1. 15 Houston 1 00 1 00 1 00 1 00 ]. 00 1. 00 1. 00 1.09 1.09 1.09 1. 09 1.09 1.05 In d ian ap o lis----- .60 .55 .55 .55 .55 .55 .60 .60 .90 .90 1.20 1. 15 1.10 1.05 1.05 .95 Jacksonville____ 1.20 1. 20 1.15 1.15 1.15 1. 25 1. 25 1.50 1. 75 1. 75 1.65 1.97 1.97 1.97 1.92 1.92 M an c h e ster .___ 1.10 1.10 1.00 1.00 1.00 1.00 1.18 1. 18 1.58 1.48 1.48 1.38 1.38 1.38 1.38 1. 38 M em phis___ . . . 1.00 1.00 1.00 1.00 .93 .93 .93 1. 27 1.35 1. 35 1.20 1.20 1.20 1.20 1.20 1. 20 M ilwaukee. ___ .75 .75 .75 .75 .75 .75 .75 .75 .90 .90 .86 .82 .82 .82 .82 .82 Minneapolis . . . .85 .80 .80 .77 .77 .77 .95 .95 1. 28 1.02 1.03 1. 01 .95 .97 .96 .94 M obile.________ 1. 10 1.10 1.10 1.10 1.10 1.10 1.35 1. 35 1. 80 1.80 1.80 1.80 1.80 1.80 1.76 1.76 Newark________ 1.00 .90 .90 .90 .90 .97 .97 1.15 1.40 1.40 1.25 1. 20 1.20 1.20 1.20 1. 20 N ew Haven ___ .90 .90 .90 .90 .90 1.00 1.10 1.10 1. 27 1.27 1. 18 1. 18 1.13 1.13 1.13 1. 13 N ew O rleans___ 1. 10 1.00 1.00 1.00 1.00 1.00 1.30 1. 30 1.30 1.45 1.30 1.30 1.30 1.30 1. 30 1.30 N ew Tork______ .84 .84 .83 .83 .83 .83 .85 .87 1. 40 1.32 1.23 1.23 1.23 1. 23 1. 24 1.24 Norfolk________ 1.00 1.00 1.00 1.00 1.00 1.20 1.20 1.60 1.40 1.45 1.40 1.40 1.40 1. 33 1.33 1.33 Omaha_____ . . . 1.15 1.15 1.15 1.00 1.00 1.15 1.15 1.15 1.47 1.27 1. 18 1. 18 1.08 1.08 1.08 1.00 Peoria ____ . . . .90 .90 .90 .90 .85 .85 .85 .85 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 Philadelphia------ 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Pittsburgh 1 00 1. 00 1 00 1 00 1 00 1. 00 1. 00 Portland, M e----- 1.10 1.00 1. 00 1.00 1.00 1.00 1.40 1.40 1.85 1.75 1. 55 1. 55 1.55 1.50 1. 42 1.42 Portland, Oreg... .95 .95 .95 .95 .95 .95 .95 .95 1.38 1.25 1. 16 1. 16 1. 16 1.19 1. 17 1. 17 Providence . ----- .85 .85 .85 .85 .85 1. 00 1.30 1.30 1.42 1. 42 1.27 1.22 1. 17 1. 17 1. 13 1. 13 Richmond ___ .90 .90 .90 .80 .80 .80 1.00 1.00 1.30 1. 30 1.30 1.30 1.30 1.29 1. 29 1.29 R o c h e ste r .------- .95 .95 .95 .95 .95 .95 .95 .95 1.18 1. 10 1.05 1.00 1.00 1.00 1.00 1.00 .80 .80 .80 .80 .75 .75 .75 .85 1.05 1.05 1.00 1.00 1.00 1.00 1. 00 1.00 St. Louis.. ---.95 .90 .90 .85 .85 .85 .85 .85 1.00 1.00 1.00 .85 .85 .90 .90 .90 St. Paul . . . . Salt Lake C ity—- .87 .87 .87 .87 .87 .87 1.15 1.35 1. 57 1. 57 1. 57 1. 57 1.54 1.53 1.52 1. 52 San Francisco . . . .75 .85 .85 .85 .85 .85 .95 .95 1. 05 1. 04 .92 1.00 1.05 .95 . 95 .95 1.25 1. 6(J 1. 60 1.45 1.45 1.45 1.45 1.45 1.45 Savannah _ . __ S c r a n to n ...------ .95 .95 .95 .95 .95 1.15 1.30 1.30 1.70 1.70 1. 60 1.50 1.50 1.50 1.40 1.40 Seattle.. . . . — 1.00 1.00 1 .0 0 1.00 I . 00 1.20 1. 20 1.45 1.45 1.45 1.45 1.45 1.45 1.45 1.45 1.45 Springfield, 111___ 1.00 1.00 1.00 1.00 LOO 1.00 1.10 1. 10 1.40 1.40 1.40 1.35 1.35 1.25 1.25 1.25 .93 .93 .93 .93 .80 .90 .95 .95 1.25 1. 10 1.05 1.00 1.00 1.00 1.00 1.00 W ash ington, D . C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [405] 194 M ONTHLY LABOR R E V IE W T ^ ? b h ih —N E T PR IC E P E R 1,000 CU BIC F E E T OF GAS B A SE D ON A FAMTTV C O N D E ^ E M B^ER?1F927;()B Y ° C IT IE S E E T S P E 0 I F I B D M O N T H S F R O M A P R I L ,^ 1 3 ^ ° t O N a tu r a l g a s Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. May Mar. Mar. June June June June 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, 15, Dec. 15, 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1927 City Buffalo_________ $0.30 $0. 30 $0.30 $0.30 $0.30 $0.30 $0.35 $0.35 $0. 35 $0.42 Cincinnati_____ .30 .30 .30 .30 .35 .35 .35 .35 .35 .50 $0. 50 $0. 50 $0.75 $0.75 $0.75 $0.75 Cleveland______ .30 .30 .30 .30 .30 .30 .35 .35 .35 .40 .40 .55 .55 .60 .60 C olum bus__ .30 . 30 .30 .30 .30 .30 .30 .30 .30 .45 .45 .45 .55 .60 .55 .48 .48 Dallas__________ .45 .45 .45 .45 .45 .45 .45 45 .68 .68 .68 .68 .74 .74 .79 .79 Houston______ .75 .75 .75 Kansas City, M o. .27 .27 .27 .27 .30 .60 .80 .80 .90 .90 .95 .95 .95 .95 .95 Little R ock_____ .40 .40 .40 .40 .40 .40 .45 .45 .45 .45 .45 .95 .65 .65 .65 .65 .65 Los Angeles . . . _ .91 .91 Lo lisville______ .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 .45 Pittsburgh_____ *’.'28 .28 .28 .28 .28 .28 .35 .35 .45 .50 .50 .53 .60 .60 .60 .60 M a n u fa c tu r e d Buffalo_______ Los Angeles_____ a n d I — n a tu r a l g a s m ix e d I in ------$0. 68 J$0. 68 $0.68 $0. 68|$0. 75 $0.75 $0.75 $0. 76 .68 6 0 <p u . .68 ou $0. 65 .68 .68 From the prices quoted on manufactured gas, average prices have been computed for all of the cities combined and are shown in the next table for April 15 of each year from 1913 to 1920, and for M a y 15, September 15, and December 15, 1921; M arch 15, June 15, Sep tember 15, and December 15, 1922, 1923, and 1924; and June 15 and December 15, 1925, 1926, and 1927. These prices are based on an estimated average family consumption of 3,000 cubic feet. Relative prices have been computed by dividing the price of each v year by the price in April, 1913. . The price in manufactured gas in December, 1927, showed an increase of 28.4 per cent since April, 1913. From June, 1927, to December, 1927, there was no change in the price of gas. T able 3 . AVER A G E A N D R E LA T IV E N E T PR IC E PE R 1 000 C U B T O F F T T m r iv t a m ti SPECIFIEED M0NTHASS 0F EACHFYEMiRm9?3°¥oUi ? 2 r i6N ° F 3’°°0 ° UBIC FEET 1N Date Apr. 15,1913___________ Apr. 15, 1914________ Apr. 15, 1915______ Apr. 15, 1916______ Apr. 15, 1917______ Apr. 15, 1918_____ Apr. 15, 1919______ Apr. 15, 1920____ M ay 15, 1921______ Sept. 15, 1921_______ Dec. 15, 1921_______ Mar. 15, 1922_____ June 15, 1922_____ Sept. 15, 1922____ Dec. 15, 1922________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Average Relative net price price $0.95 .94 .93 .92 .91 .95 1.04 1.09 1.32 1.31 1. 30 1.29 J. 27 1.26 1. 25 100. 0 98. 9 97.9 96. 8 95.8 100.0 109. 5 114. 7 138.9 137.9 136. 8 135. 8 133. 7 132. 6 131.6 Date Mar. 15, 1923______ June 15, 1923______ Sept. 15, 1923___ Dec. 15, 1923___ Mar. 15, 1924______ June 15, 1924_______ Sept. 15, 1924______ Dec. 15, 1924_______ June 15, 1925___ Dec. 15, 1925___ June 15, 1926___ Dec. 15, 1926_____ June 15, 1927___ Dec. 15, 1927_____ [4 0 6 ] Average Relative net price price $1. 25 1.24 1. 24 1.25 1. 24 1. 24 1.24 1.24 1.23 1.23 1.23 1. 22 1. 22 1.22 131. 6 130. 5 130. 5 131. 6 130. 5 130.5 130. 5 130. 5 129. 5 129. 5 129. 5 128. 4 128.4 128.4 MONTHLY LABOR REV IEW 195 Retail Prices of Electricity in the United States Explanation of Prices table shows for 51 cities the net rates per kilowattT ^HEhourfollowing of electricity used for household purposes for specified months, in 1913, 1925, 1926, and 1927. For the cities having more than one tariff for domestic consumers the rates are shown for the schedule under which most of the residences are served. Several cities have sliding scales based on a variable number of kilowatt-hours payable at each rate. The number of kilowatt-hours pay able at each rate in these cities is determined for each customer according to the watts of installation, either in whole or in part, in the individual home. The number of watts so determined is called the customer’s “ demand.” In Baltimore the demand is the maximum normal rate of use of electricity in any half-hour period of time. I t may be estimated or determined by the company from time to time according to the cus tomer’s normal use of electricity and may equal the total installation reduced to kilowatts. In Buffalo the demand consists of two parts—lighting, 25 per cent of the total installation, but never less than 250 watts; and power, 2^2 per cent of the capacity of any electric range, water heater, or other appliance of 1,000 watts or over and 25 per cent of the rated capacity of motors exceeding one-half horsepower but less than 1 horsepower. The installation is determined by inspection of premises. In Chicago the equivalent in kilowatt-hours to 30 hours’ use of demand has been estimated as follows: For a rated capacity of 475 to 574 watts, 11 kilowatt-hours; 575 to 674 watts, 12 kilowatt-hours; 675 to 774 watts, 13 kilowatt-hours; and 775 to 874 watts, 14 kilo watt-hours. Although the equivalent in kilowatt-hours to 30 hours’ use of demand of from 1 to 1,500 watts is given on the printed tariff, the equivalent is here shown only for installations of from 475 to 874 watts, the connected load of the average home being as a rule within this range. In Cincinnati the demand has been estimated as being 70 per cent of the connected load, excluding appliances. In Cleveland, in December, 1913, Company A determined the demand by inspection as being 40 per cent of the connected load. From December, 1919, to the present time there has been a flat rate for all current consumed. In Houston the demand is estimated as 50 per cent of the con nected load, each socket opening being rated at 50 watts. In New Orleans the demand in 1913 was the full connected load. In New York the demand for Company C, when not determined by meter, has been computed at 50 per cent of total installation in residences, each standard socket being rated at 50 watts and all other outlets being rated at their actual kilowatt capacity. In Omaha the demand in 1913 was the full connected load. In Pittsburgh since December, 1919, the demand has been deter mined by inspection, the first 10 outlets being rated at 30 watts each, the next 20 outlets at 20 watts each, and each additional outlet https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [407] 196 MONTHLY LABOR R EV IEW at 10 watts. Household utensils and appliances of not over 660 watts each have been excluded. In Portland, Oreg., the demand for Company A has been esti mated as one-third of the connected lighting load. Ranges, heating devices, and small power up to a rated capacity of 2 kilowatts are not included. For Company B the demand, when not based on actual measure ment, has been estimated at one-third of the connected load, no demand being established at less than 233 watts. In Springfield, 111., the demand for Company A in December, 1913, was the active load predetermined as follows: 80 per cent of the first 500 watts of connected load plus 60 per cent of that part of the connected load in excess of the first 500 watts—minimum active load, 150 watts. In Washington, D. C., the demand is determined by inspection and consists of 100 per cent of the connected load, excluding small fans and heating and cooking appliances when not permanently connected. N E T PR IC E PE R KILO W ATT-HOUR FOR E L E C T R IC IT Y FOR H O U SEH O LD USE IN D E C E M B E R , 1913, D E C E M B E R , 1925, A N D JU N E A N D D E C E M B E R , 1926 A N D 1927, FOR 51 CITIES City Measure of consumption, per month Atlanta — Baltimore A De cem ber, 1913 D e cem ber, 1925 June, 1926 D e cem ber, 1926 June, 1927 D e cem ber, 1927 C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts _ __ First 100 kilowatt-hours 8 1 8 1 8 1 17 0 ___ First 20 hours’ use of demand 8 0 8 0 8 0 38 5 Next kilowatt-hours up to 800. _ 4. 0 4. 0 4 0 Birmingham _ First 100 kilowatt-hours_______ 4 8. 5 7 7 7 7 7 .7 Boston: Company A ___ First 1,000 kilowatt-hours____ _ . . . « 10.0 8 .5 8 .5 8 .5 Company B ___ do__ _______ ______ __ _ 8 fi 8 fi 8 fi 5 io 0 Bridgeport_____ __ All current- _____ - . . 6 fi fi fi fi fi 9 0 Buffalo A - ____ __ First 60 hours’ use of demand fi 0 fi 0 fi 0 7 0 Next 120 hours’ use of demand _ 5.0 4 .0 4 .0 4 .0 __________ . Excess _ 1.5 1.5 1 .5 1.5 Butte 6 9 .5 First 25 kilowatt-hours 8 0 8 0 8 0 Next 25 kilowatt-hours _____ . . 4 0 4. 0 4 0 Charleston__ ___ 7 10 0 First 50 kilowatt-hours___ 10 .0 10 .0 10 .0 Next 50 kilowatt-hours . . . 8.0 Chicago 2 ________ First 30 hours’ use of demand 10 0 8 0 8 0 8 0 Next 30 hours’ use of demand___ . . . 5.0 5 .0 5 .0 5 .0 Excess___ - . ____________ 4.0 3 .0 3 .0 3 .0 C incinnati.., _ First 30 kilowatt-hours 8 fi 8 8 fi 8 8 fi 89 5 Next 60 kilowatt-hours _________ 9 6. 7 9 6. 5 9 6. 5 9 6. 5 Excess__ ____ _ ___________ 3.8 3.5 3.5 3.5 Cleveland: Company A ___ First 500 kilow att-hours________ io 10. 0 6 5.0 5.0 5.0 Excess___ ____________________ 5.0 Company B ___ All current______ _ _______ H8.0 12 3.0 12 3.0 12 3.0 Next 690 kilowatt-hours. _________ 5.0 Columbus,- _ - . First 75 kilowatt-hours . . 5 7 n 7 0 7 0 5 7 0 Dallas ___ First 800 kilowatt-hours 10 0 fi 0 fi 0 Denver. - _ First 15 kilowatt-hours 6 8.0 « 8.0 6 8. 0 6 8.0 Next 30 kilowatt-hours___ _ ___ Excess____ ___ . Detroit____ First 3 kilowatt-hours per active room is 12. 6 9.0 10.8 9.0 E x ce ss... ____ ___ 3.6 3.6 3.6 3.6 Fall R iv er... . . _ First 25 kilowatt-hours 9 0 8 fi 8 fi 14 9 5 Next 975 kilowatt-hours . _ 8. 5 7. 5 7 5 Houston 2 __ ____ First 30 hours’ use of demand 7 2 15 12 4 7 2 Excess__________________ 7.0 4 .5 4 .5 4 .5 Indianapolis: Company A ___ First 50 k ilo w a tt-h o u rs..-_____ « 7.5 6.8 6.8 6.8 Next 50 kilowatt-hours _______ . . . 17 6. 3 17 6 3 17 6 3 Company B ___ First 50 kilowatt-hours ___________ 1 4 7.0 6.8 6.8 6.8 Next 150 kilowatt-hours____________ 6.3 6.3 6.3 For footnotes see end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [408] 8 1 7 0 4 0 8 1 70 4 0 7 .7 7 .7 8 .5 8. 5 8 fi fi 0 fi 0 4.0 1.5 £ 0 4 O 8 fi fi fi fi 0 4 .0 1 .5 8 0 4 0 10 .0 8 0 5 .0 3 .0 8 8 fi 9 6. 5 3.5 10 .0 £ 0 5.0 3.0 7 5 5 .0 3 .5 5.0 5 .0 .O 12 3 .0 123 7 0 6 0 fi 0 70 70 fi 0 fi 0 9 .0 9 .0 3. 6 8 fi 7 fi 3. 6 8 5 7 fi 7 2 4 .5 4 .5 6 .5 6 .0 6 .5 6 .0 197 RETA IL PRICES OF ELECTRICITY N E T PR IC E PE R KILOW ATT-HOUR FOR E LE C T R IC IT Y FOR HOUSEH O LD U SE IN D E C E M B E R , 1913, D E C E M B E R , 1925, A N D JU N E A N D D E C E M B E R , 1926 A N D 1927, FOR 51 CITIES—Continued De cem ber, 1913 D e cem ber, 1925 June, 1926 De cem ber, 1926 June, 1927 D e cem ber, 1927 C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts All current--. __ ________ ______ 7.0 First 5 kilowatt-hours per active room 18 9.9 (minimum, 3 rooms). Next 5 kilowatt-hours per room__ Excess_____ - ____ ______________ 4.5 Little R o c k ____ - First 200 kilow att-hours_________ __ « 13. 5 Los Angeles __ __ First 50 kilowatt-hours______________ 6 5. 5 1 to 149 kilowatt-hours__ ___________ 7.6 Louisville - Marichester____ _ First 25 kilowatt-hours - ______ -- 11.4 Next 50 kilowatt-hours______________ M emphis_________ First 6 kilowatt-hours per room__ ___ 5 10.0 Excess Milwaukee........ . First 9 kilowatt-hours for each of the 1011. 4 first 6 active rooms.21 Additional energy up to 9 kilowatt- 224. 8 hours for each active room. Excess- _____ .. _________ 3.8 8.6 Minneapolis______ First 3 kilowatt-hours per active room Next 3 kilowatt-hours per active room. 23 5.7 First 50 kilowatt-hours_____ ________ 7.0 Mobile . ______ 2110. 0 ______ First 20 kilowatt-hours _____ Newark Next 30 kilowatt-hours_______ ____ New Haven _ All current __ -. _______________ 9.0 New Orleans___ 8 13. 0 First 20 kilow att-hours__________ 23 6.0 Next 30 kilowatt-hours........................ New York: Company A ___ First 1,000 kilowatt-hours___________ 22 10. 0 Company B ___ All current 9.5 ______________ Company C 2_— First 60 hours’ use of demand_______ 11.0 9.0 Norfolk___________ First 100 kilow att-hours____________ Omaha___________ All c u r re n t.____ _________________ 8 11.4 Next 125 kilow att-hours________ 23 5.7 Peoria................. ....... First 5 kilowatt-hours for each of the 31 9.9 first 2 rooms.30 Second 5 kilowatt-hours for each of the first 2 rooms.30 Philadelphia: Company A ___ First 12 kilowatt-hours______________ « 10.0 Next 36 kilowatt-hours______________ Company B ___ First 20 kilowatt-hours______________ 2110.0 Next 30 kilowatt-hours - _______ Pittsburgh 2______ First 30 hours’ use of demand_______ 3 10.0 Next 60 hours’ use of demand___ _ First 30 kilowatt-hours ______ « 9. 0 Portland, M e____ Next 70 kilow att-hours_____________ Portland, Oreg.: Company A ___ First 9 kilow att-hours______________ 7.6 Next kilowatt-hours 33______________ 31 6.7 Next 50 kilowatt-hours______________ 33 5.7 Company B ___ First 13 kilowatt-hours______ -- - 30 9.0 Next kilowatt-hours 38......................... 31 7.0 Next 50 kilowatt-hours--- - ________ 23 4.0 10. 0 Providence___ ___ All current .......... ____ 9.0 Richmond- First 100 kilowatt-liours_____________ Rochester. _ _ _ __ All current _______________________ 8.0 St. Louis: Company A ___ First 9 kilowatt-hours per active room. 18 9.5 5.7 E x ce ss... . . . _____________________ Company B ___ First kilowatt-hour i0 _______________ 11 9.0 5.7 Excess. . _______________________ First 3 kilowatt-hours per room______ 12 9.9 St. Paul____ ____ Next 3 kilowatt-hours per room______ 6.6 Excess _________________________ 9.0 Salt Lake C ity____ First 250 kilowatt-liours_____________ San Francisco: Company A ___ First 50 kilow att-hours._____ ______ « 7.0 Next 125 kilowatt hours Company B ___ First 10 kilowatt-h ours______________ « 7.0 Next 40 kilowatt-hours . __________ Savannah.................. First 100 kilowatt-l iours ___________ 1112. 0 Excess 6. 0 Scranton__________ First 150 kilowatt-hours_____________ 5 9. 0 7.0 7.5 7.0 7.5 7.0 7.5 7. 0 7.5 7.0 7.0 5.0 2.5 10.0 « 5.6 7.6 12.0 6.0 8.0 5.0 20 7.6 5.0 2.5 10.0 « 5. 6 7.6 12.0 6.0 8.0 5.0 20 7. 6 5.0 2.5 10.0 0 5. 6 7. 6 12.0 6.0 8.0 5.0 6.7 5.0 2.5 10.0 0 5. 6 7.6 12.0 6.0 8.0 5.0 6.7 5.0 2.5 10.0 5.0 7.6 12.0 6.0 8.0 5.0 6.7 City Measure of consumption, per month Jacksonville___Kansas City______ For footnotes see end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [409] 5.7 5.7 3.1 9.5 7.1 9.0 9.0 23 8.0 6. 5 28 9. 1 20 7.8 3.1 9.5 7.1 9.0 9. 0 23 8.0 6. 5 20 9.1 20 7.8 2.9 9.5 7.1 9.0 9. 0 23 8.0 6. 5 20 9. 1 20 7.8 2.9 9.5 7.1 9.0 9.0 8.0 6.5 20 9.1 20 7.8 2.9 9.5 7.1 9.0 9.0 8.0 6.0 20 9.1 20 7.8 28 7 . 2 28 7. 2 9. 5 28 7. 8 22 9. 0 5.5 28 7 . 2 9.5 28 7.8 9.0 5.5 9.5 28 7.8 22 9.0 5.5 28 7.3 9.5 28 7.3 8.5 5.5 287.3 9.5 287.3 8.5 5.5 9.0 9.0 9.0 9.0 9.0 6.0 6.0 6.0 6.0 6.0 8.0 32 7.0 9.0 23 8. 0 8.0 5.5 «8.0 8.0 7.0 9.0 23 8.0 8.0 5.5 3 8.0 8.0 7.0 9.0 23 8. 0 8.0 5.5 «8.0 8.0 7.0 9.0 8.0 8.0 5.5 3 8. 0 8.0 7.0 9.0 8.0 8.0 5.5 8.0 5.0 7.6 6.7 2.9 7.3 6.7 2.9 30 6.8 9.0 8.0 7.6 6.7 2.9 7.3 6.7 2.9 30 6. 8 20 9.0 8.0 7.6 6.7 2.9 7.3 6.7 2.9 39 6.9 29 9.0 8.0 7.6 6.7 2.9 7.3 6.7 2.9 39 6.8 8.5 8.0 7.6 6.7 2.9 7.3 6.7 2.9 6.5 8.5 8.0 6.7 2.4 6.7 2.4 « 9.9 6.6 8.1 6.7 2.4 6.7 2.4 9.5 7.1 2.9 8.1 6.7 2.4 6.7 2.4 9.5 7. 1 2.9 8.1 6.7 2.4 6.7 2.4 9.5 7.1 2.9 8.1 6.7 2.4 6.7 2.4 9.5 7.1 2.9 8.1 11 9.0 33 6.0 9.0 6.0 9.0 11 9.0 « 6.0 9.0 6.0 9.0 11 9.0 « 6.0 9.0 6.0 9.0 11 9.0 « 6.0 9.0 6.0 9.0 5.0 2.5 9.0 6.0 9.0 1 0 .0 Ï 5 .0 10.0 IÖ .5 1 0 .0 198 MONTHLY LBBOR R EV IEW N E T PR IC E PE R KILO W ATT-HOUR FOR E L E C T R IC IT Y FOR HOU SEHOLD USE IN D E C E M B E R , 1913, D E C E M B E R , 1925, A N D JU N E A N D D E C E M B E R , 1926 A N D 1927, FOR 51 CITIES—Continued City Measure of consumption, per month Seattle: Company A _____ First 40 kilowatt-hours_____ __ ____ Next 200 kilowatt-hours. _________ Company B ___ First 40 kilowatt-hours_____ _____ Next 200 kilowatt-hours __________________ _ Springfield: Company A ___ First 30 kilowatt-hours _____ . _ ____ Next 70 kilowatt-hours.. ___________ Company B _____ First 30 kilowatt-hours ________ __ ______ Next 70 kilowatt-hours. _ W ashington,D.C.2.. First 120 hours’ use of demand. _____ D e cem ber, 1913 D e cem ber, 1925 June, 1926 D e cem ber, 1926 June, 1927 D e cem ber, 1927 Cents Cents Cents Cents Cents Cents 29 6.0 23 4.0 29 6.0 23 4.0 5.5 2.0 5.5 2.0 5.5 2.0 5. 5 2.0 5.5 2.0 5.5 2.0 5.5 2.0 5.5 2.0 5.5 2.0 5.5 2.0 8 10.0 9 7.0 6.0 3. 0 6. 0 3. 0 7.5 6.0 3.0 . 0 3. 0 7.0 6.0 3.0 6. 0 3 0 7.0 6.0 3.0 6 0 3 0 6.3 6.0 3.0 6 0 3 0 6.3 10.0 6 1 First 150 kilowatt hours. 2 For determination of demand see explanation of prices. 3 First 50 kilowatt-hours. 4 The gross rate is 10 cents per kilowatt-hour with discounts of 10 per cent for a monthly consumption of 1 to 25 kilowatt-hours and 15 per cent for a monthly consumption of 25 to 150 kilowatt-hours. The aver age family used 25 or more.kilowatt-hours per month. { All current. 6 First 100 kilowatt-hours. 7 First 25 kilowatt-hours. 8 First 30 hours’ use of demand. For determination of demand see explanation of prices. 8 N et 30 hours’ use of demand. For determination of demand see explanation of prices. 10 First 36 hours’ use of demand. For determination of demand see explanation of prices. 11 First 10 kilowatt-hours. 12 Service charge 30 cents per month additional. 13 First 2 kilowatt-hours per active room. 14 First 200 kilowatt-hours. 15 First 2 kilowatt-hours per 16 candlepower of installation. 16 All current. This rate applies to a 5-year contract with a minimum charge of $1 per month. For a 1-year contract the rates per kilowatt-hour are 10 cents without a minimum charge, or 9% cents with a minimum of $1 per month. 17 N ext 150 kilowatt-hours. 18 First 3 kilowatt-hours per active room; minimum, 3 rooms. 19 First 4 kilowatt-hours for each of the first 4 active rooms and the first 2% kilowatt-hours for each addi tional active room. 20 First 5 kilowatt-hours for each of the first 5 active rooms and the first z y 2 kilowatt-hours for each addi tional active room. 21 And the first 7 kilowatt-hours per month for each active room in addition to the first 6. 22 Additional energy up to 100 kilowatt-hours. 23 EXC6SS. 24 First 500 kilowatt-hours. 25 Next 480 kilowatt-hours. 28 Service charge, 25 cents per month additional. 27 First 250 kilowatt-hours. 28 Price includes a coal charge. 29 First 60 kilowatt-hours. 30 And 4 kilowatt-hours for each additional active room. 311 to 200 kilowatt-hours. 32 Next 48 kilowatt-hours. 33 The number of kilowatt-hours paid for at this rate is that in excess of the first 9 kilowatt-hours until 100 hours’ use of the demand is reached. After 100 hours of demand have been consumed the lower rate can be applied. For determination of demand see explanation of prices. 34 Next 70 kilowatt-hours. 35 Next 100 kilowatt-hours. 36 First 6 per cent of demand. For determination of demand see explanation of prices. 37 Next 6 per cent of demand. For determination of demand see explanation of prices. 38 For an installation of 600 watts or less 7 kilowatt-hours will apply. For each 30 watts of installation in excess of 600 watts 1 additional kilowatt-hour will apply. 39 Service charge, 50 cents per month additional. Rate is 7 cents with reduction under a fuel clause. 40 For a house of 4 rooms or less, 18 kilowatt-hours; for 5 or 6 rooms, 27 kilowatt-hours; and for 7 or 8 rooms, 36 kilowatt-hours. 41 For a house of 6 rooms or less, 15 kilowatt-hours; for a house of 7 or 8 rooms, 20 kilowatt-hours. 42 First 30 kilowatt-hours. 43 Next 40 kilowatt-hours. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [4 1 0 ] MONTHLY LABOR R EV IEW 199 Index Numbers of Wholesale Prices in December, 1927 jR A C T IC A L L Y no ch an g e in th e g en eral level of w holesale prices fro m N o v e m b e r to D e cem b er is sh o w n b y in fo rm a tio n collected in representative markets by the Bureau of Labor Statistics of the United States Department of Labor. The bureau’s revised index number, computed on prices in the year 1926 as the base and including 550 commodities or price series, stands at 96.8 for December as compared with 96.7 for the month before, an increase of only onetenth of 1 per cent. Compared with December, 1926, with an index number of 97.9, a decrease of 1yo Per cent is shown. Farm products as a group remained at about the same price level as in November, grains advancing and beef steers, hogs, and lambs declining sharply. Cotton and potatoes also were cheaper, while poultry, eggs, and tobacco were higher. Foods as a whole showed a slight decline, with butter above and pork products below November prices. Hides and leather products advanced sharply in price, while small increases are shown for metals and metal products, building materials, and miscellaneous commodi ties, slight decreases took place in the groups of textile products, fuel and lighting materials, and chemicals and drugs, with practically no change reported for house-furnishing goods. Of the 550 commodities or price series for which comparable information for November and December was collected increases were shown in 147 instances and decreases in 139 instances. In 264 instances no change in price was reported. Comparing prices in December with those of a year ago, as measured by changes in the index numbers, it is seen that farm products and hides and leather products were considerably higher, while textile products were slightly higher. Fuel and lighting materials, owing to large decreases in bituminous coal and coke and petroleum products, were 17 per cent cheaper than in December, 1926. Smaller decreases are shown for metals and metal products, building materials, chemicals and drugs, and miscellaneous com modities, while prices of foods and house-furnishing goods were at exactly the same level as in December of last year. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1411] 200 MONTHLY LABOR R EV IEW IN D E X N U M B E R S OF W HOLESALE PR IC ES B Y G R OUPS A N D SUBGR OU PS OF COM M O D IT IES [1926 = 100] 1927 Farm products______ _____ . ____________ Grains_________ _ ............... Livestock and poultry___ _ ________ _____ . Other farm p rodu cts,.. . ___________ _____ Foods ___ _____ ________ ____ ______ Butter, cheese, and m ilk .. ............... . . . . . M eats.. . . . . . _________ _ ________ _ Other foods__ _ . ______ _ ... Hides and leather products... . . . ._ ..... . . . __ Hides and skins__________ _ Leather. . . . . . . Boots and shoes . . . . . . . . __ . . . . .. Other leather products____________ __ _ . . . Textile products_________________ _____ ____ _ _ Cotton goods . . . . _ . . . . Silk and rayon_____________________________ Woolen and worsted goods_______ ........ Other textile products .. ____ . . . . Fuel and lighting*.___ _ . _ ________ _ Anthracite coal . . . . . Bituminous coal______ . . . ____ ___ Coke. _ _ Manufactured gas . . ______ _ _______ Petroleum products _ ______ _ ___ Metals and metal products. ________ __ ... Iron and steel___ . . ______ ... ___ Nonferrous metals Agricultural implements_________ _ . ______ Automobiles______ _ _____ _ Other metal products________. . . ______ Building materials______ Lumber ________ Brick________________ _______ Cement___________ ____ _ Structural steel . _ ________ ____ _ Paint materials . _ ________ ____ _______ Other building materials............... _ _ _____ Chemicals and d ru g s____________ _____ Chemicals.. _________ _ ______ Drugs and pharmaceuticals________ _______ Fertilizer m aterials________ ______ Fertilizers_______________ _________ Housefurnishing goods____ ____ Furniture____________ ____ F urnishings__________ . . .. M iscellaneous___________ . Cattle feed__________ _ Paper and pulp_______ ______ Rubber _ . . ______ Automobile tires. ________ Other miscellaneous_________ All commodities. _ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ___________ November December Purchasing power of the 1926 dollar in December (cents) 94. 9 96. 9 93.5 95.2 100. 7 107. 4 98. 4 99. 6 100. 4 103. 3 99 4 99. 8 100. 0 95. 2 93. 3 92. 4 98.4 99. 7 99. 4 98. 8 107. 9 103. 3 98.1 93. 7 100. 4 100.0 96. 9 100. 0 102 3 99. 4 99. 2 98. 9 97. 5 99. 4 102.1 97. 6 100. 1 98. 8 97.7 101. 2 99. 3 100 0 98 8 99. 5 98. 3 89. 9 105. 3 93. 7 78. 1 78. 6 99.7 104 3 99.6 100 8 108. 3 101. 5 108. 3 100 9 99 1 114. 3 131. 6 117 1 106 3 109 2 97 5 104 6 83. 6 98.1 94. 9 82. 9 96. 9 97 8 92 7 97. 2 66. 6 97.0 93. 5 90. 3 98. 9 102 2 100 7 90 2 89 2 91 3 96. 5 89 4 85. 7 91. 2 97 4 102. 3 85 2 94 9 92.9 98.9 97.2 100 0 88. 3 122 4 91 3 77 8 71 2 99. 1 104. 4 102 0 97. 9 109. 7 100 7 110.0 99. 6 97. 7 116. 9 136. 4 122 4 107.1 109. 4 97. 2 103 3 83. 2 98. 4 96 7 82 5 96.8 97. 4 91 9 96. 2 66. 2 98. 4 93. 7 92. 3 98. 8 104 6 100 7 90 4 88 0 92. 2 96. 5 91. 9 86. 5 92.5 97 2 102. 2 81.9 95. 0 95.2 98 8 97.1 99 8 89. 0 128. 9 90. 9 84.2 69. 9 98.6 95 8 98.0 102 1 91. 2 99. 3 90. 9 100. 4 102. 4 85. 5 73.3 81. 7 93. 4 91. 4 102. 9 96. 8 120. 2 101. 6 103. 4 121. 2 103. 3 102.7 108 8 104. 0 151.1 101.6 106. 7 108. 3 101. 2 95. 6 99 3 110.6 113 6 108.5 103. 6 108. 8 115 6 108 1 102 9 97 8 122 1 105.3 105.0 101.2 103.0 100.2 112.4 77.6 110.0 118.8 143. 1 101.4 97.9 96.7 96.8 103.3 December, 1926 Groups and subgroups _______ [4 1 2 ] 201 MONTHLY LABOR R EV IEW Average Wholesale Prices of Commodities, October to December, 1927, and Year, 1927 of the plan of publishing each quarter in the Labor Review a detailed statement of wholesale price changes, there is presented herewith a list of the more important commodi ties included in the bureau’s revised compilation, together with the ’N C O N T IN U A T IO N ] JAM. FEB. MAR. APR. MAY Jl/N. JU L . AUG. SEP. OCX NOV. DEC. latest record of price changes available at the time of its preparation. For convenience of comparison, index numbers based on average prices in the year 1926 as 100 are shown in addition to the money prices wherever such information can be supplied. Index numbers for the several groups and subgroups also are included in the table. To show more minutely the fluctuation in prices, all index numbers are published to one decimal fraction. Figures are given for October, November, and December, 1927, and the year, 1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [413] 202 MONTHLY LABOR R EV IEW W HOLESALE PR IC E S OF C O M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927 Average prices Index numbers (1926 = 100.0) Commodity October, Novem Decem 1927 ber, 1927 ber, 1927 Year, 1927 No Octo vem ber, ber, 1927 1927 D e cem Year, ber, 1927 1927 ALL C O M M O D IT IE S___ 97. 0 96. 7 96 8 G R O U P I.—FARM PR O D U C T S________ 105. 0 104. 3 104.4 99 4 99. 3 99. 6 103.0 100.9 G rains _____ Barley, feeding, per bushel, C hicago_______ _____ _____ Com, per bushel, Chicago— Contract grades____________ N o. 3, mixed ______________ Oats, No. 2, white, per bushel, Chicago______ . . . . . . . . . . . Rye, No. 2, per bushel, Chicago. Wheat, per bushel— No. 2, red winter, Chicago.. . No. 2, hard, Kansas City___ No. 1, northern spring, Minneapolis_________ ______ No. 2, dark northern spring, Minneapolis____ ____ ______ N o. 1, hard white, Portland, Oreg______ ___________ No. 2, red winter, St. L o u is.. L ivestock a n d p o u ltr y ______ Cattle, per 100 pounds, Chicago— Calves, good to choice, vealers__________ ____ ___ Cows— Pair to good______ _____ _ Good to choice.__________ Steers— Fair to good_____________ Good to choice.................... Hogs, per 100 pounds, Chicago— Fair to choice, heavy butchers____ ___ ____ ________ Fair to choice, light butchers. Sheep, per 100 pounds, Chicago— Ewes, native, all grades, fair to best _ __________ _____ Lambs, western, fair to good. Wethers, fed, poor to best___ Poultry, live fowls, per pound— Chicago................................. . New Y o rk .______________ O th er farm p r o d u cts______ Beans, medium, per 100 pounds, New Y ork... _____ Cotton, middling, per pound— Galveston___________ ____ New Orleans______________ _ New York_________________ Eggs, fresh, per dozen— Western, Boston_________ Firsts, Chicago.. _ _________ Extra firsts, Cincinnati_____ Candled, New Orleans . . . . Firsts, New York . ______ Extra firsts, Philadelphia___ No. 1, extras, San Francisco.. Fruit— Apples fresh— Baldwins, per barrel— Chicago__________ _____ New York . _____ Winesaps, medium grade, per box, Portland, Oreg.. $0.823 $0.842 $0. 876 $0. 825 118.5 121.3 126.3 118.8 .878 .862 .868 .846 .867 .852 .882 .851 115. 7 117.1 114.4 114.9 114.3 115.8 116.2 115.7 .498 .999 .512 1. 056 .554 1.088 .497 1. 046 115.8 104.8 119. 1 110.7 128.8 114.0 115.5 109.6 1. 344 1. 339 1. 354 1. 349 1.384 1.363 1.378 1. 372 87.1 89. 5 87.8 90.1 89.8 91.1 89.3 91.7 L 275 1. 264 1. 275 1. 369 82.4 81.6 82.3 88.4 1.343 1.341 1.375 1.405 86.3 86.2 88.4 90.3 1.273 1.421 1. 300 1.442 1.370 1.449 1.377 1.414 88. 6 91.4 90.6 92.8 95.4 93.2 95.9 91.0 105. 5 100. 8 97. 9 98.9 14.150 13. 250 12. 531 12. 709 116.6 109.2 103.3 104.7 7.310 8.425 7.106 8.269 7.656 8.844 6.882 7.801 126.8 129.8 123.3 127.4 132.8 136.3 119.4 120.2 12. 526 14. 325 13. 906 15. 938 13. 719 15. 500 11.241 12. 688 142.9 150.3 158. 7 167.3 156.6 162.7 128.3 133.2 11. 055 11.185 9.469 9. 306 8. 575 8.463 10.137 10. 602 89.6 85.3 76.8 71.0 69.5 64.5 82.2 80.8 5. 250 13. 865 7.000 5. 469 13. 581 7.000 5.625 13. 013 7.125 6.097 13.860 7.721 79.6 101.2 85.6 83.0 99,1 85.6 85.3 95.0 87.1 92.5 101.2 94.4 .186 .233 .191 .225 .204 .241 .225 .268 74.1 78.1 75.9 75.6 81.3 81.0 89.6 89.9 106 7 108.3 109.7 99.2 6.519 6.395 6.406 6.102 119.8 117.5 117.7 112.1 .209 .208 .211 .202 .202 .203 .193 . 192 .196 . 173 .172 .176 122. 5 123.8 120.3 118.6 120.0 115.9 113.6 114.1 111.6 101.8 102.4 100.2 .393 .369 .465 .298 .395 .485 .346 .438 .423 .546 .335 .436 .550 .368 .442 .426 .515 .374 .453 .500 .329 .319 .300 .338 .264 .320 .362 .264 110.1 110.2 130.7 87.8 111. 1 122.7 116.3 122.8 126.4 153.5 98.7 122.6 139.2 123.4 124.0 127.3 144.7 110.3 127.5 126.5 110.5 89.5 89.7 94.9 77.9 89.9 91.5 88.8 0) 3,719 (i) 6.050 7.000 6.625 4. 522 4.408 92.2 150.0 170 7 164.3 110. 2 109.3 1.675 2.075 2.375 2.179 1 78.5 97.3 111.4 102.2 1 N o quotation. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 95.4 [4 1 4 ] 203 W HOLESALE PRICES OF COMMODITIES W HOLESALE PR IC E S OF C O M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926 = 100.0) A verage prices Commodity October, Novem- Decernber, 1927 ber, 1927 1927 Year, 1927 NoOcto vember, ber, 1927 1927 December, 1927 Y ear, 1927 G R O U P I.—FA R M P R O D U C T S—Continued O th er fa r m p ro d u cts—Con. Fruit—Continued. Lemons, choice or fancy, California, per box, Chi cago______ _____________ Oranges, choice, California, per box, Chicago ________ Hay, per ton— Alfalfa, Kansas C ity ________ Clover, mixed, No. 1, Cinc in n a t i..._____ ________ Timothy, N o. 1, Chicago___ Hops, prime to choice, Pacific, per pound, Portland, Oreg__ Milk, fluid, per 100 pounds— Chicago. _______________ New York_________________ San Francisco ____________ Peanuts, per pound, N orfolk... Seeds— Alfalfa, per 100 pounds, Kansas City_________________ Clover, per 100 pounds, Chicago______________ ______ Flaxseed, per bushel, Minneapolis___ _____________ Timothy, per 100 pounds, Chicago_____ _________ Tobacco, leaf, average warehouse sales, per 100 pounds, K entucky.. _______________ Vegetables, fresh— Onions, per 100 pounds, Chicago____________________ Potatoes, white, per 100 pounds— Boston.. ______ __________ Chicago. ________ ____ __ New York___ ___________ Portland, Oreg____ _____ Potatoes, sweet, per ^-bushel, Philadelphia.. __________ Wool, per pound, Boston— Ohio, grease basis— Fine clothing. _________ Fine delaine. __________ Half b lo o d .. ........................ Medium grades__________ Territory, scoured— Staple, fine and fine medium. _______________ Half blood_______________ Foreign— Argentine crossbreds, quar ter blood, grease basis---Australian, Geelong 56’s, scoured basis___________ M ontevideo, one-fourth blood, 50’s, grease basis.. $11.969 $11.400 $9.125 $7. 826 214.9 204.6 163.8 140.5 8. 938 9. 600 7.594 7. 094 150. 0 161.2 127.5 119.1 18. 800 18. 625 20. 050 18. 594 89.4 88. 5 95.3 88.4 15. 875 18. 000 11.600 18. 250 15. 500 17. 938 17. 899 19. 447 71. 5 76.6 65. 7 77. 7 69.8 76.4 80.6 82.8 .251 .238 .214 .220 104.0 98.8 88.8 91.3 2. 994 3. 936 3. 140 .063 994 3.981 3. 140 .048 2. 994 3.981 3.140 .061 2. 975 3. 679 3.140 .055 101.9 109.9 100.3 126.3 101.9 111.2 100.3 97.2 101.9 111.2 100.3 122.2 101.2 102. 7 100. 3 110.5 2. 13.000 17. 550 17.000 16. 380 78.9 106.5 103.2 99.4 26. 360 28. 292 28. 933 31. 440 82.8 88.9 90.9 98.8 2.103 2.105 2.104 2. 202 90. 3 90.4 90.4 94.6 3.140 3.500 3. 500 4. 164 51.4 57.3 57.3 68.1 11. 331 9.812 20. 220 11. 276 133.7 115.8 238.7 133.1 1.906 1. 575 1.875 3.020 77.9 64.4 76.6 123.4 1.906 1.756 2.240 1.825 2.050 1. 765 2.156 1.380 1.945 1.675 2.052 1. 550 2. 347 2.309 2. 673 2. 949 54. 1 58.3 59. 3 63. 5 58.2 58.6 57.1 48.0 55.2 55.6 54. 3 53.9 66.6 76.6 70.8 102.6 .630 .744 .860 .879 41.2 48.6 56.2 57.4 .390 .460 .460 .470 . 390 .470 .470 .480 .390 .470 .470 .480 .386 .455 .451 .447 97.1 98. 6 99. 6 102.9 97.1 100.7 101.8 105.1 97.1 100.7 101.8 105.1 96.0 97.5 97.6 97.8 1.131 1.033 1.135 1.040 1.135 1.039 1.107 1.015 98.2 98.7 98.6 99. 3 98. 6 99.2 96.1 97.0 105.7 .322 .325 .325 .300 113.6 114.7 114.7 .666 .690 .690 .674 98.2 101.7 101.7 99.4 .394 .405 .417 .372 106.8 109.8 113.1 100.7 G R O U P II.—FO ODS B uttei', cheese, and milk Butter, creamery, per pound— Boston— Extra___________________ Firsts _________________ Seconds_________________ Chicago— E xtra.. _ ______________ Extra firsts _ __________ Firsts___________________ 82645°— 28— 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100.0 101.5 100.7 96.5 107.2 108.3 110.0 104.0 .474 .438 .401 .478 .444 .409 .498 .453 .416 .469 .446 .417 107. 9 104.0 102.6 108.8 105. 3 104.5 113.4 107.4 106.3 106.8 105.7 106.6 .464 .442 .404 .483 .454 .413 .507 .479 .427 .458 .443 .415 108. 1 112. 5 106. 7 109. 7 103.5 105.8 118. 2 115.5 109.4 106.9 106.9 106.5 [415] 204 MONTHLY LABOR R EV IE W W HOLESALE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926 = 100.0) Average prices Commodity October, N ovem Decem ber, 1927 ber, 1927 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem Year, ber, 1927 1927 GROUP II.—FOODS—Con. Butter, cheese, and milk —Con. Butter, creamery, per pound— Continued. Cincinnati, as to score______ New Orleans— Fancy. ________________ Choice__________________ New York— E x tr a .._ . _________ ____ Firsts___ ____________ . . . Seconds_________________ Philadelphia— E xtra.. _________________ Extra firsts____________ . . Firsts___________________ St. Louis, extra. . . . --------San Francisco— Extra------- ------- ---------Firsts _ -----------------Cheese, whole milk, per pound— Chicago. ________________ New York__ . . . . -------San Francisco. _______ ____ Milk, condensed, per case, New ---. . . Y ork ... M ilk, evaporated, per case, N ew Y ork .. ------ ------------Milk, fluid. (See Farm product.) Meats. $0. 413 $0.430 $0.455 $0.425 104. 5 108.9 115.3 107.7 .484 .430 .482 .448 .525 .470 .493 .457 101. 7 93.8 101.3 97. 8 110. 3 102. 6 103.5 99.7 .484 .446 .406 .498 .452 .406 .519 .466 .411 .473 .446 . 416 109. 1 106. 4 104. 6 112. 3 107. 7 104.7 117.0 111. 2 105.9 106.6 106.3 107.1 .494 .475 .424 .480 .506 .485 .424 .500 .529 .504 .437 .523 .480 .467 .431 .474 108. 6 107. 2 104. 2 109. 0 111.4 109. 5 104. 2 113. 6 116.4 113. 8 107. 5 118. 7 105.6 105.4 105.9 107.8 .485 .446 .490 .453 .486 .471 .454 .436 111. 3 106.8 112.4 108.3 111. 5 112. 7 104.1 104.3 .268 .273 .233 .254 . 275 .250 .267 .281 .246 .241 .249 .225 123. 5 120. 3 101. 6 117. 2 121. 1 109. 3 123.0 123. 6 107. 5 111.2 109.4 98.3 6.000 6. 020 6.000 5.870 102.4 102. 8 102.4 100.2 4. 575 4. 585 4. 569 4. 564 104. 1 104.4 104.0 103.9 100.0 100.9 99.6 93.7 113.3 117.5 ______ ______ Beef, fresh, carcass, steers, per pound— C hicago_________________ N ew York_________________ Beef, cured, family, per barrel (200 pounds), New Y o r k ... . Lamb, fresh, per pound, Chicago----- -------------- --------Mutton, fresh, dressed, per pound, N ew York_____ Pork, cured— Bacon, per pound, Chicago. _. Hams, per pound, C hicago... Mess, per barrel (200pounds), New York___________ Sides, clear, per pound, Chicago... -------------------Sides, rough, per pound, Chicago------------------------Pork, fresh, dressed hogs, per pound, Chicago_________ Poultry, per pound, dressed— Chicago __________ ______ New Y o rk .. _____ ____ Veal, fresh, good, per pound, Chicago___________________ .210 .225 .215 .234 .223 .238 . 186 .201 127. 9 131.8 130.9 137.0 135.8 139.4 25. 500 28. 000 30. 875 22. 750 108.6 119.2 131.4 96.8 . 245 .240 .234 .262 93. 7 91.7 89.4 100.2 .115 .123 . 130 . 141 79. 8 85. 3 90.2 97.9 .279 .233 .285 .220 .251 .214 .272 .246 91. 7 75.6 93.8 71.3 82.6 69.5 89.6 79.9 33. 375 34. 500 34. 000 34. 500 89. 1 92. 1 90.8 92.1 . 184 .177 . 169 . 187 91.6 88. 1 84. 1 93.2 . 164 . 161 . 156 .179 82.6 81.0 78.8 90.1 .213 .218 .210 . 190 85.4 87.1 84.1 76.2 .224 .279 .224 .264 .211 .270 .232 .286 82. 7 88.8 82.8 84. 1 78. 1 86.0 85.8 91.0 .225 .188 . 182 .197 120.3 100.2 97.3 105.5 97.2 99.1 97.7 9G.2 Other foods______ .... _ __ Beans. (See farm products.) Bread, loaf (per pound before baking)— Chicago...... ...................... ........ Cincinnati____ . . . _____ New Orleans. _____________ New York__ ___________ San Francisco___________ _ Cocoa beans, Arriba, per pound, New York__________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .075 .070 .070 .070 .069 .075 .070 .070 .070 .069 .075 .070 .070 .070 .069 .075 .070 .069 .070 .069 100. 0 98. 9 97. 8 100.0 89.8 100. 0 98. 9 97. 8 100. 0 89.8 100. 0 98. 9 97. 8 100. 0 89.8 100.0 99.2 96.2 100.0 89.8 .179 .185 .173 .196 99. 2 102. 3 95.7 108.8 [4 1 6 ] 205 W HOLESALE PRICES OF COMMODITIES W HOLESALE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y EAR , 1927—Continued A verage prices I Index numbers (1926=100.0) Commodity October, Novem Decem ber, 1927 ber, 1927 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem ber, 1927 Year, 1927 78.0 97. 1 81.3 83.9 GROUP II.—FOODS—Con. Other foods—Continued. Cotfee, Brazilian grades, per pound, New York— Rio, No. 7____ ________ $0.147 Santos, No. 4 _____ _ ___ .209 Copra, South Sea, per pound, New York. _________ .052 Crackers, soda, per pound, New York______ _________ .140 Eggs. (See Farm products.) Fish— Cod, pickled, cured, per 100 pounds, Gloucester, M ass.. 7. 250 Herring, pickled, per pound, N ew York _ .. . ... . 170 Mackerel, salt, per pound, N ew York_____ . . . _. .110 Salmon, canned, Alaska, red, per dozen cans, factory____ 3.175 Salmon, smoked, Alaska, per pound, N ew York______ . .400 Flour, rye, white, per barrel, Minneapolis_____ __________ 5.244 Flour, wheat, per barrel— Standard patents, hard, win ter, Buffalo ._ . 7. 270 First clears, Buffalo-----6. 575 Short patents, winter, Kan sas C ity. . ___________ 7.225 Straights, winter, Kansas C ity___ _____ __________ 6. 535 Standard patents, Minneapo lis_____ . _ ____________ 7.231 Second patents, Minneapolis. 6.950 Patents, Portland, Oreg 7.042 Short patents, soft, winter, St. Louis . . . . . . . 6. 570 Straights, soft, winter, St. Louis. ____. . . . _ 5. 690 Standard patents, soft, winter, Toledo. ___ . . ___ _ ' 6.320 Fruit, canned, per dozen, New York— Peaches, 23^’s__ ___________ 1. 775 Pineapples, 2)^’s_ . . . . 2. 250 Fruit, dried, per pound, New York— Apples, evaporated. ______ . 131 Currants, cleaned.. ______ . 115 Prunes, California, 60-70 ___ .061 Raisins, coast, seeded______ .069 Fruit, fresh— Apples. (See Farm prod ucts.) Bananas, Jamaicas, per bunch, New York________ 2. 500 Lemons. (See Farm prod ucts.) Oranges. (See Farm prod ucts.) Glucose, 42° mixing, per 100 pounds, N ew York ____ 3.160 Hominy grits, white, per 100 pounds, m ill_______________ 1.653 Lard, prime, contract, per pound, N ew York . _____ .130 Meal, corn, per 100 pounds— White, m ill________________ 1.653 Yellow, fancy, Philadelphia 2.838 Molasses, New Orleans, fancy, per gallon, N ew York______ .650 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $0.145 .222 $0.142 .217 $0.148 . 187 80.7 93.6 79.7 99.3 .053 .054 .052 90.3 91.0 92.8 89.7 .140 .140 .140 100.0 100.0 100.0 100.0 7.500 7.500 6.821 99.9 103.3 103.3 94.0 .175 .160 . 158 128.7 132.5 121.1 119.2 106.7 . 120 . 120 . 107 110.0 120.0 120.0 3.200 3.200 2. 868 95.5 96.2 96.2 86.2 .420 .420 .432 104.4 109.6 109.6 112.6 5. 550 5.700 5. 666 93.6 99.1 101.8 101.2 7.294 6. 606 7.213 6. 625 7.724 7. Oil 83. 7 78.5 83.9 78. 9 83.0 79.1 88.9 83. 7 7.188 7. 250 7.388 89.9 89.4 90.2 91.9 6. 575 6. 563 6. 686 90.1 90.7 90.5 92.2 7.145 6. 840 6.913 7. 100 6. 856 7.371 7.433 7.157 7. 475 85.8 85.3 88.2 84.8 83.9 86.6 84.3 84. 1 92.3 88.2 87.8 93.6 6. 631 6. 800 6.814 83.9 84.7 86.8 87.0 5.963 5. 938 5.991 80.1 83.9 83.5 84.3 6.356 6. 344 6.481 82.9 83.4 83.2 85.0i 1.775 2.250 1. 775 2.250 1.888 2. 223 91. 0 104. 7 91.0 104. 7 91.0 104. 7 96.8 103.4 .148 . 128 .059 .069 .164 . 135 .058 .069 .116 .114 .067 .074 111. 2 127. 6 78.3 75.1 125.6 142.1 75.6 75.1 138.7 149. 8 73.7 75.1 98.4 126.2 85.5 80.5 2.500 2.500 2. 202 102. 0 102.0 102.0 89.8 3.160 3.160 3.261 91.9 91.9 91.9 94.8 1.555 1.628 1.731 106.1 99.8 104.5 111.1 .125 .120 .129 86.7 83.5 80.1 85.6 1.555 2.750 1.628 2. 550 1.731 2. 764 106.1 106.5 99.8 103.3 104. 5 95.7 111.1 103.8 .650 .650 .650 123.1 123.1 123.1 123.1 [4 1 7 ] 206 MONTHLY LABOR R EV IEW WHOLESALE PR IC ES OP CO M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Average prices Index numbers (1926 = 100.0) Commodity October, Novem Decem ber, 1927 ber, 1927 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem Year, ber, 1927 1927 GROUP IL —FOODS—Con. Other foods—Continued. Oatmeal, in 90-pound sacks, per 100 pounds, N ew York__ Oleomargarine, standard, uncolored, per pound, Chicago - _ Oleo oil, extra, per pound, Chicago ___ _ __ ............. _ Pepper, black, per pound, New Y ork Rice, head, clean, per pound, N ew Orleans— Blue Rose, medium to good—. Honduras, medium to choiceSalt, Chicago— American, medium, per barrel (280 pounds)_________ Granulated, per ton_ _ Sugar, per pound, New York— Granulated ______________ Raw, 96° . _____ Tallow, edible, per pound, Chicago .......... ..........._____ Tea, Formosa, fine, per pound, New York__ _ Vegetables, canned, per dozen— String beans, New York Corn, factory- _ ________ Peas, N ew York- ______ Tomatoes, New York___ __ Vegetables, fresh— Onions. (See Farm products.) Potatoes. (See Farm products.) Vegetable oil— Coconut, per pound, New Lork __ Corn, per pound, New York. Cottonseed, per pound, New York _ - _ Olive, per gallon, N ew York. . Peanut, per pound, mill _ . Soya bean, per pound, New 1 ork ___________ _____ Vinegar, cider, per gallon, New Lork __ ________________ $3. 403 $3.494 $3. 722 $3. 504 110.7 113.7 121.1 .245 .235 .235 .223 107.4 103.0 103.0 97.8 .158 .170 .178 .134 130.8 141.4 147.4 111.3 .368 .379 .366 .318 143.6 147.9 143.1 124.4 .039 .051 .038 .051 .037 .051 .041 .059 63.2 70.0 61.4 69.7 60.4 69.3 66.9 80.2 2.195 6 600 2.195 6.600 2.195 6 600 2.195 6. 754 100.0 87.9 100.0 87.9 100.0 87.9 100.0 89.9 .057 .047 .056 .047 .056 .046 .058 .047 104.2 107.8 102.0 107.1 101.3 105.5 106.2 109.0 .106 .102 .094 .089 110.7 106.8 98.3 92.8 .345 .329 .325 .342 97.3 92.8 91.7 96.4 1.025 1.013 1.075 1.400 1.025 1.075 1.225 1.400 1.025 1.075 1.225 1.400 1.097 .991 1.208 1.492 114.8 112.4 81.7 97.7 114.8 119.4 93.1 97.7 114.8 119.4 93.1 97.7 122.8 110.1 91.8 104.1 .098 .118 .098 .120 .098 .120 .097 .108 92.4 97.6 92.2 99.7 91.9 99.7 91.0 90.0 .109 2.150 .114 .106 2.040 .105 . 100 1.900 .096 .097 2.125 .113 92.4 112.5 101.2 89.3 106.8 93.3 84.1 99.4 85.3 81.8 111.2 100.5 .120 .122 .123 .120 95.2 96.4 97.2 95.6 .215 .215 .220 .193 115.7 115.7 118.4 103.8 113.0 114.3 116.9 197.9 128.0 131.6 136.4 120.4 GROUP III.—HIDES AND LEATHER PRODUCTS—. Hides and skins. _ . . __ Hides, per pound, Chicago— Country c o w s ___ _______ _ Packers’— ___ Heavy, native steers Heavy, Texas steers _____ Skins, per pound— Calf, No. 1, country, Chicago. Goat, Brazil, first selection, N ew York Kip, No. 1, country, Chicago. Sheep, packers’, per pelt, Chicago.______ __________ .174 .181 .191 .150 180.7 187.1 198.2 155.1 .233 .218 .242 .231 .250 .242 .195 .184 165.7 162.9 172.1 172.7 178.2 181.2 139.0 137.7 .218 .228 .250 .197 125.4 131.5 144. 2 113.6 .775 .220 .756 .220 .754 .225 .751 .191 105.8 141.8 103.2 141.8 102.9 145.0 102.6 122.9 1.375 1.375 1.375 1.976 63.4 63.4 63.4 91.1 117.1 122.4 109.2 Leather__________________ Chrome calf, B grade, per square foot, Boston _ . . . .. Galzed kid, top grade, per square foot, Boston _ _ Harness, California oak, per pound, general market______ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 114.0 116.5 .510 .510 .535 .489 112.5 112.5 118.0 107.8 .675 .675 .700 .677 100.0 100.0 103.7 103.3 .495 .505 .527 .468 113.3 115.6 120.7 107.0 [4181 207 WHOLESALE PRICES OF COMMODITIES W HOLESALE PR IC ES OF CO M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926 = 100.0) Average prices Commodity October, Novem Decem ber, 1927 ber, 1927 1927 Year, 1927 No Octo vem ber, ber, 1927 1927 D e cem Year, ber, 1927 1927 GROUP in .—HIDES AND LEATHER PRODUCTS—Con. Leather—Continued. Side, black, chrome, tanned, B grade, per square foot, Boston. Sole, oak, per pound, Boston— In sides__________ _______ Scoured b a c k s ____ Sole, union backs, steers, per pound, N ew Y o r k ____ . ._ $0.370 $0.370 $0.390 $0. 320 146.1 146.1 154.0 126.3 .425 .550 .425 .550 .440 .590 .384 .493 120.3 125.5 120.3 125.5 124.5 134.6 108.7 112.5 .540 .556 .575 .488 126.0 129.8 Boots and shoes, factory____ Children’s, per pair— Child’s, gun metal . . - ____ Little boy’s, tan calf, blucherMisses’, gun metal__ _ Youths’, tan calf, blucher___ M en’s, per pair— Black, calf, bal . _______ Black, calf, blucher. . . ____ Black, dress, welt, side leather Black, vici kid . ___________ Chocolate, elk, blu ch er_____ Dress, medium grade_______ Gun metal, blucher. ______ Mahogany, chrome, bal_____ Tan, dress, welt, calf _. . Tan, dress, welt, side leather. Work, medium grade_______ Women’s, per pair— Black, kid, dress. ____________ Black, kid, M cKay sewed. Medium grade_____________ Better grade_____ _______ Colored calf. _ _ _____ __ Patent-leather pump_______ Other leather products _ 1.615 1. 663 1.900 1.853 1.615 1.663 1.900 1.853 1.425 1.536 1.678 1.726 121.4 112.9 121. 2 111.4 121.4 112.9 121. 2 111.4 121.4 112.9 121.2 111.4 107.1 104.3 107.1 103.8 5. 000 6.500 3.400 6.250 2.028 3. 550 4. 750 3. 650 5.000 3. 600 2. 250 5.000 6.500 3. 400 6. 250 2.070 3. 550 4. 750 3.650 5. 000 3.600 2. 350 5.000 6. 500 3.400 6. 250 2.115 3. 750 4. 750 3. 650 5. 000 3. 600 2. 450 4.929 6. 433 3. 268 6.081 1.897 3.475 4.675 3.625 4. 929 3.464 2.183 101.6 101.6 106.3 104.2 117.7 106. 0 103.3 101.4 101. 6 106.7 109.8 101.6 101.6 106. 3 104.2 120. 1 106.0 103.3 101.4 101.6 106. 7 114.6 101.6 101.6 106.3 104.2 122.7 111.9 103.3 101.4 101.6 106.7 119. 5 100.1 100.5 102.2 101.3 110.1 103.7 101.6 100.7 100.1 102.6 106.5 4. 000 3. 650 2. 200 3.050 4.250 3.750 4.000 3. 650 2. 300 3. 050 4.250 3. 750 4.000 3. 650 2.129 3. 150 4. 250 3. 750 4.000 3. 625 2.192 2.967 4. 200 3. 675 98.2 101.4 98.2 101.4 115.0 107.0 102.4 104.2 98.2 101.4 117.5 110. 5 102.4 104.2 98.2 100.7 106.5 104.1 101.2 102.1 108.9 109.2 109.4 104.1 100.0 106.7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 1 0 . 0 107.0 102.4 104.2 33. 840 22. 560 33. 840 22. 560 33. 840 22. 560 33. 840 22. 560 100.0 106.7 100.0 106.7 100.0 106.7 50.008 50.342 50. 627 47.157 111.2 111.9 112.6 104.9 9.543 9.543 9. 543 8.561 120.8 120.8 120.8 108.3 6.894 6.843 6.843 6. 679 105.8 105.1 105.1 102.5 98.4 97.5 97.2 106. 0 104.6 103.3 97.9 G R O U P IV.—T E X T I L E PRODUCTS______ Cotton goods . . . .. Blankets, colored, per pair, Boston____________ ... . . Denims, Massachusetts, 28inch, per yard, mill . . . . . Drillings, brown, per yard, mill— Massachusetts, 30-in ch_____ Pepperell, 29-inch-------------------------Duck, per yard, mill— 8-ounce, army_____ __________ _ Wide, 36-inch______________ Flannel, per yard, mill— Colored, 27-inch____________ Unbleached, 33-inch ............. ... Gingham, per yard, mill— Amoskeag, 27-inch... --------Security, 3 2 -in c h ..___ Hosiery, per dozen pairs, mill— M en’s, combed yarn . . Women’s, mercerized.............. 113.8 102.5 1.615 1. 663 1.900 1.853 ... Gloves, per dozen pairs, factory— M en’s _________________ 'Women’s __________ _______ Harness (composite price), per s e t .. _____________________ Suit cases (composite price), each____ _______ _ . . . ___ Traveling bags (composite price), each________________ 134.2 105.6 100.3 107.1 95.7 1.150 1.150 1.150 1.065 93.1 93.1 93.1 86.3 .201 ,201 .196 .170 118.8 118.8 115.9 100.5 .142 .145 .139 .139 .129 .132 . .124 120 107.8 114.0 105. 3 109.0 97.6 103.9 93.9 94.4 .229 .447 .219 .417 .207 .399 .192 .395 116.1 107.0 111.0 99.9 105.1 95.6 97.5 94.4 .123 .220 .123 .220 .123 .217 .112 .178 97.3 125.1 97.3 125.1 97.3 123.5 89.0 101.1 . 105 .140 .105 . 140 .105 .140 .095 .128 116.7 114.6 116.7 114.6 116.7 114.6 105.7 104. 2 1.600 2. 275 1. 600 2. 275 1.600 2. 275 1.592 2. 275 98.5 97.7 98.5 97.7 98. 5 97.7 98.0 97.7 [4 1 9 ] 208 Mo n t h l y labor r e v ie w W HOLESALE PR IC E S OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R . AND Y E A R , 1927—Continued Average prices Index numbers (1926=100.0) Commodity October, N ovem Decem 1927 ber, 1927 ber, 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem ber, 1927 99.5 92.8 106.9 110.6 Year, 1927 G R O U P IV.—T E X T I L E PRODUCTS—Continued Cotton goods—Continued. M uslin, bleached, per yard, mill— Fruit of the Loom__________ Lonsdale-._ . . . ___________ Rough Rider______________ Nainsook, W amsutta____ . . Percale, Scouts, 38/^-inch, per yard, mill_______ __________ Print cloth, per yard, mill— 27-inch _ _ ______________ 38Ji-inch- _ ____________ Sheeting, bleached, per yard, mill— 10/4, Pepperell___ __________ 10/4, Wamsutta____________ Sheeting, brown, per yard, mill— Indian Head, 3 6 -in ch .-_____ 4/4, Pepperell . . .. _ ... 4/4, Trion _ _ ___________ Thread, 6-cord, 100 yards, per spool, mill „ _ _ . Ticking, Amoskeag, 32-inch, per yard, mill______________ Underwear, mill— M en’s shirts and drawers, per dozen garments Women’s union suits, per dozen _ _ _ _ ______ Yarn, per pound, mill— Carded, white, northern, 10/1, cones - ___ Carded, white, northern, 22/1, c o n e s_____ -_ _ Carded, single warp, 40/1 ’s, southern spinning ___ Twisted, 20/2, carded, weaving--------------------------------Twisted, 40/2, carded, weaving----------------------------- $0.166 .147 .158 .252 $0.166 .147 .155 .252 $0.166 .140 .153 .252 $0.161 .140 .151 .232 99.5 97.5 110.3 110.6 .145 .145 .145 .133 111.9 111.9 111.9 103.0 .063 .087 .060 .083 .057 .080 .055 .076 120.7 114.9 115.5 109.4 109.8 105.4 105.4 101.1 .404 1.140 .418 1.140 .411 1.140 .385 1.140 97.0 100.0 100.5 100.0 98.8 100.0 92.6 100.0 .145 .140 .111 .145 .135 .110 .142 .135 .105 .120 . 121 .093 118.4 114. 2 119.8 118.4 110. 1 118.7 116.2 110.1 113.1 97.8 98.3 99.6 .036 .036 .036 .036 100.0 100.0 100.0 100.0 .250 .245 .219 122.2 122.2 119.7 106.8 6.709 6.683 6.683 6.234 98.1 97.7 97.7 91.2 9.500 9.500 9.500 8.864 96.2 96.2 96.2 89.8 .353 .333 .324 .306 109.0 102.8 99.9 94.4 .402 .383 .371 .351 112.1 106.8 103.5 98.0 .546 .530 .522 .491 107.4 104.3 102.7 96.6 .369 .355 .350 .319 114.0 109.5 108.2 98.4 .495 .476 .467 .453 104.9 100.8 98.9 96.0 85.4 83.6 83.3 88.1 1.500 1.450 1.300 1.280 1.500 1.450 1.300 1.280 1.500 1.450 1. 300 1.280 1.489 1.439 1.289 1. 265 82.9 85.7 81.1 84.9 82.9 85.7 81.1 84.9 82.9 85.7 81.1 84.9 82.3 85.0 80.4 83.9 5.196 3.965 5.110 5.145 4.987 3.866 4.925 4.802 4.841 3.876 4.940 4.998 5.559 4. 007 5.358 5.443 81.9 85.2 84.5 83.1 78.6 83.1 81.5 77.5 76.3 83.3 81.7 80.7 87.6 86.1 88.6 87.9 3.724 4.704 4.508 3.675 4.655 4.508 3.626 4.606 4.508 4.022 4.954 4.817 79.4 78.8 77.9 78.3 78.0 77.9 77.3 77.2 77.9 85.7 83.0 83.3 10. 780 2.450 10. 780 2.450 10. 516 2.450 11. 003 2.496 88.6 87.8 88.6 87.8 86.4 87.8 90.4 89.4 4.250 4.250 4.250 4.250 88.6 Woolen and worsted goods__ Blankets, all wool, 4 to 5 pounds, per pound, mill____ Flannel, No. 6400, 54-inch, per yard, mill - . ______ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 96.3 92.9 105.6 101.7 .250 Silk and rayon__ Rayon, per pound, New York— 150 A denier.— _ _ _______ 150 B denier_______________ 300 A denier_______________ 300 B denier__ _ _ ______ Silk, raw, per pound, New York—■ China, steam filature, third category__ _ __ . ___ Canton, double extra A-crackJapan, double extra cracks__ Japan, 13-15___ ______ Silk, spun, per pound, New Y ork— Domestic, 60/1 ___________ Domestic, 60/2 ________ Imported, 200/2, first quality. Hosiery, per dozen pairs, mill— Women’s, pure silk. ______ Women’s, artificial silk_____ M en’s, silk, mercerized top, heel, and toe..................... . 99.5 97.5 108.3 110.6 1.313 1.313 1.313 1.313 1.715 1.715 1.715 1.715 [4 2 0 ] 88.6 88.6 88.6 98.0 98.1 98.4 97.6 97.3 97.3 97.3 97.3 102.2 | 102.2 102.2 102.2 209 WHOLESALE PRICES OF COMMODITIES W HOLESALE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926 = 100.0) Average prices Commodity October, Novem Decem ber, 1927 ber, 1927 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem ber, 1927 Year, 1927 G RO UP I V . - T E X T I L E PRODUCTS—Continued Woolen and worsted goods— Continued. Overcoating, per yard, mill— Heavy __________________ L ight_. __________________ Suiting, per yard, mill— Serge, 116 M. B .. . ............ Serge, 11-ounce, 56-58 inch— Uniform serge, fine grade, 12-ounce_____ . . --- --Uniform serge, medium grade, 12-ounce - . . . --- -Unfinished worsted, 13-ounce. Trousering, 2,900 range, cotton warp, 11-ounce, per yard, mill. Underwear, men’s, mill— Starts and drawers, per dozen garments____ _________ Union suits, per dozen . . Women’s dress goods, per yard, mill— Broadcloth, 9 ^ -o u n c e ------Flannel, 12-ounce .. Flannel, W FD , 54-inch ____ French serge, 39-inch. . . . . Serge, 36-inch, cotton w arp ... Sicilian cloth, 54-inch, cotton warp______ ____________ Yarns, per pound, mill— 2/32’s, crossbred stock, w hite. 2/40’s, half-blood, weaving---2/50’s, fine, weaving________ $3. 000 4. 350 $3. 000 4. 350 $3. 000 4. 350 $3. 063 4. 400 98.6 95.8 98.6 95.8 98.6 95.8 100.7 96.9 3.848 2.048 3. 848 2.048 3. 938 2.084 3. 855 2. 051 100.8 94.5 100.8 94.5 103.1 96.1 101.0 94.6 2. 678 2. 678 2.686 2.675 97.3 97.3 97.6 97.2 1. 935 1.913 1.935 1.913 1.945 1. 917 1.933 1.911 96.9 95.4 96.9 95.4 97.4 95.6 96.8 95.4 1.500 1.500 1. 500 1.500 98. 2 98.2 98.2 98.2 28. 000 27. 440 28. 000 27. 440 28. 000 27. 440 28.000 27. 603 93.3 90.3 93.3 90.3 93.3 90.3 93.3 90.9 2. 325 1.900 1.375 1.000 .510 2. 441 1. 900 1. 375 1.000 .510 2.441 1.900 1.375 1.000 .510 2.292 1.896 1.349 .987 .508 98.5 97.7 94.8 96.7 111.3 103.5 97.7 94.8 96. 7 111.3 103.5 97.7 94.8 96.7 111.3 97.1 97.5 92.9 95.4 110.9 .800 .800 .800 .783 101.0 101.0 101.0 98.9 1.400 1.795 2. 035 1. 400 1. 775 2.025 1.400 1. 775 2.025 1.367 1.806 2.089 97.5 96.8 96.6 97. 5 95.8 96.1 97.5 95.8 96.1 95.2 97.4 99.2 95. 7 94.9 96.7 95.4 6. 056 6.056 6. 056 6.136 92.7 92.7 92.7 93.9 .104 . 104 . 114 .098 113.0 113.5 124. 1 106.3 Other textile products... _____ Binder twine, standard, per bale (50 pounds), mill____ . Burlap, lOH-ounce, 40-inch, per yard, mill ______________ Hemp, manila, per pound, New York_____________ . . . Jute, raw, medium grades, per pound, New York. Linen, shoe thread, 10’s, Barbour, per pound, New York.. Rope, pure manila, 5^-inch and larger, per pound, New York. Sisal, Mexican, per pound, York____ __________ . . . _ GROUP V.—F U E L AND LIGHTING_______ Anthracite coal, per gross ton (composite price)... _____ Chestnut____________________ Egg------------------------------------Pea___ . . . . ____________ Bituminous coal, per net ton (composite price)__ ..... M ine run___ Prepared s iz e s ________ . . . Screenings. . . ____ _____ . . . Coke, per net to n ___ .144 .133 . 130 .142 97.3 89.7 88.2 95.8 .073 .065 .070 .071 80.9 72. 5 78.1 78.8 1.946 1. 946 1.946 1. 946 100.0 100.0 100.0 100.0 .240 . 240 .240 .244 95.5 95.5 95.5 97. 1 .076 .072 .071 .076 83.4 79.4 78.7 83.8 83.8 82.9 82.5 86.5 96.9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 96.9 97.2 97.4 101.0 96.8 97.2 97.4 100.8 13. 389 12. 944 10.754 13. 389 12. 943 10. 733 13. 298 12. 840 10. 720 101. 1 4.199 4. 932 3. 376 4. 160 4. 800 3. 280 4. 144 4. 759 3.314 4.264 4.820 3.636 97.3 102.9 98.7 100. 1 95.8 96.0 99.3 96.9 93.9 93.7 99.6 97.8 96.4 97.4 96.3 96.6 96.6 100.6 100.4 98.8 100. 5 106.3 91.9 94.4 6. 000 2. 906 5. 700 2. 825 5. 500 2. 788 5. 894 3.199 108.0 70.8 102. 6 68.8 99.0 67.9 106.1 77.9 5. 750 10.180 5.450 10.162 5.125 10.180 5. 582 10.198 100.4 95.8 95.1 95.7 89.5 95.8 97.4 96.0 . Beehive— Alabama, foundry, oven____ Connellsville, furnace, o v en .. By-product— Alabama, Birmingham_____ N ew Jersey, Newark_______ 97.2 97.4 13. 389 12. 950 10. 764 [4 2 1 ] 210 MONTHLY LABOR R EV IEW W HOLESALE PR IC ES OF CO M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Average prices Index numbers (1926 = 100.0) Commodity October, Novem Decem 1927 ber, 1927 ber, 1927 Year, 1927 Octo N o ber, vem ber, 1927 1927 De cem Year, ber, 1927 1927 GROUP V ..- F U E L A N D L IG H T IN G —Continued Manufactured gas (composite price), per 1,000 cubic feet . ____ $1. 009 $1. 006 $0.995 $1,013 Petroleum products_______ Petroleum, crude, per barrel, wells— California __________ . Kansas-Oklahoma___ _ Pennsylvania___ ____ ______ Fuel oil, refinery— Oklahoma, per barrel Pennsylvania, per gallon____ Gasoline, per gallon, refinery— California_______________ . Oklahoma__ _____ _ ____ Pennsylvania_____________ N orth Texas ______ . Natural, Oklahoma________ Kerosene, refined, per gallon— Standard, N ew Y ork_ Water white, refinery . . . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 97.2 96.3 97.9 67.5 66.6 66.2 73.7 .850 1.240 2. 650 .850 1.230 2. 650 0. 850 1.220 2. 775 0.916 1.285 2. 907 77.9 65.8 75. 7 77.9 65.3 75.7 77.9 64. 8 79. 3 83.9 68. 2 83. 0 .865 .047 .838 .045 .800 .045 .978 .051 66.8 73.0 64.7 70. 7 61. 8 70. 2 75.6 79. 9 .071 .060 .081 .061 .057 .070 .060 .080 .060 .054 .070 .060 .082 .060 .044 .078 .068 .092 .067 .053 62.7 58. 3 63. 0 59.3 63. 8 61. 8 58. 0 62.9 58. 5 60. 5 61. 8 57. 7 64. 4 58.2 49. 3 68. 6 65.2 71.8 65. 3 58. 3 .073 .073 .070 .073 .070 .072 .071 .076 84. 5 69. 7 81. 6 69.7 81. 6 69. 1 82. 5 73.3 97 1 94 0 97 0 ns 4 98 2 93.5 93.7 95.9 GROUP VI.—METALS AND METAL PRODUCTS.. Iron and steel_______ Iron ore, Mesabi, per gross ton, lower lake ports— Bessemer _ __________ Non-Bessemer . _______ Pig iron, per gross ton— Basie, furnace . ________ __ Bessemer, Pittsburgh. _ .. Foundry, No. 2, northern, Pittsburgh_____ _______ Foundry, N o. 2, southern, Birmingham__________ _ Ferromanganese, furnace___ Speigeleisen, furnace____ Bar iron, per pound— Best refined, Philadelphia__ Common, refined, Pittsburgh. Bars, concrete reinforcing, % inch and larger, per 100 pounds, m ill___ ___________ Nails, wire, per 100 pounds, Pittsburgh_____ _________ Pipe, cast-iron, 6-inch, per net ton, New York ._ ____ Pipe, black steel, per 100 feet, P ittsb u rg h ______ ______ Skelp, grooved, per 100 pounds, Pittsburgh ______ _ Steel billets, open-hearth, per gross ton, Pittsburgh____ Steel merchant bars, per 100 pounds, Pittsburgh____ Steel plates, tank, per pound, Pittsburgh___________ Steel rails, open-hearth, per gross ton, mill. _ Steel scrap, per gross ton, Chicago__ _ ______ __ _ Steel sheets, No. 27, box annealed, per pound, m ill_____ Steel, structural, per 100 pounds, m ill._______ Terne plate, No. 8, I. C. package, per 200 pounds, m ill____1 97.5 4. 400 4. 250 4.400 4. 250 4. 400 4.250 4. 400 4.250 100.0 100.0 100. 0 100.0 100. 0 100. 0 100. 0 100. 0 17. 000 19. 760 17. 000 19. 760 17. 000 19. 385 17. 697 20. 437 91. 7 92. 7 91. 7 92. 7 91. 7 90. 9 95. 4 95. 9 19. 260 19. 210 19. 010 19. 755 93.4 93.2 92. 2 95. 8 17. 250 90. 000 31. 250 16.000 90. 000 30. 400 16. 000 100. 000 30. 000 17. 462 94. 423 34. 404 81. 5 94. 9 92. 5 75. 6 94. 9 90. 0 75. 6 105. 5 88. 8 82. 5 99. 6 101. 9 .027 .028 .026 .028 .026 .028 .028 .028 90.1 91.7 86. 7 91. 7 86 7 91. 7 94 9 93 0 93. 7 1.800 1. 800 1. 800 1. 867 90.4 90.4 90. 4 2. 638 2. 600 2.600 2.638 95.9 94. 5 94. 5 95. 9 37. 000 36. 750 37. 500 43. 315 72.1 71. 6 73. 0 84. 4 4. 261 4.261 4.261 4.261 100. 0 100. 0 100. 0 100. 0 1.750 1.770 1.800 1.830 92.1 93.2 94.7 96.3 33.000 33. 000 33. 000 33.269 94.3 94. 3 94 3 95_L 1.750 1.770 1.800 1.835 87.7 88.7 90 2 91.9 .018 .018 .018 .018 93.1 94.1 95.7 96.8 43. 000 43. 000 43.000 43.000 100.0 100.0 100. 0 100. 0 11.688 11.500 12.063 12.365 70.7 85.3 89. 5 91 7 .031 .030 .030 .031 96.5 93.7 93.4 96. 2 1.800 1.750 1.800 1.854 91.9 89.4 91.9 94.7 11. 400 11.400 11.400 11. 556 97.4 97.4 97.4 98.8 [422] 211 W HOLESALE PRICES OF COMMODITIES W H O LESALE PRIC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926=100.0) Average prices Commodity October, Novem Decem ber, 1927 ber, 1927 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem ber, 1927 Year, 1927 GROUP VI.—METALS AND METAL PRODUCTS—Con. Iron and steel—Continued. Tin plate, domestic, standard, coke, per 100 pounds, Pitts b u rg h -....................................... Wire, fence— Barbed, galvanized, per 100 pounds, m ill....................... . Galvanized, No. 9, per 100 pounds, Pittsburgh---------Plain, annealed, per 100 pounds, P itts b u r g h ....— Woven, per 100 rods, P itts burgh_____________ _____ $5. 500 $5.500 $5. 250 $5.481 100.0 100.0 95.5 99.7 3. 300 3. 250 3.250 3. 290 97.1 95.6 95.6 96.8 3.000 3.000 3.000 3.013 96.8 96.8 96.8 97.2 2. 550 2. 550 2.550 2.555 96.2 96.2 96.2 96.4 20.030 20.030 20.030 20.030 100.0 100.0 100.0 100.0 89.9 90.3 92.3 91.8 . 253 .248 .245 .254 93.7 92.0 91. 94.2 .110 .183 .109 .183 .112 .187 .125 .182 69.2 96.0 68.1 96.4 70.2 98.5 78.4 95.4 .130 .133 .138 .130 94.1 96.4 99.9 93.9 .210 .212 .215 .208 97.2 97.9 99.5 96.3 .153 .153 .159 .152 94.2 94.3 98.0 93.6 .063 .063 .068 .068 74.1 74.5 77.2 80.2 7.628 7.600 7.840 8.216 76.9 76.6 79.1 82.9 Nonferrous metals------------Aluminum, per pound, New York_____________________ Antimony, per pound, New York_____________________ Cirpper, ingot, electrolytic, per pound, refinery-----------------Copper, sheet, hot rolled, per pound, New York_________ Copper wire, bare, per pound, m ill______________________ Lead, pig, desilverized, per pound, New York------------Lead pipe, per 100 pounds, New York________________ Nickel, ingot, per pound, New York_____________________ Quicksilver, per 76-pound flask, New York________________ Silver, bar, fine, per ounce, New York-----------------------Tin, pig, straits, per pound, N ew York________________ Zinc, sheet, per 100 pounds, La Salle, 111__________________ Zinc, pig, slab, per pound, New Y ork------- -------------- ---------- Agricultural implements, fac tory------------------ -------- Binder, grain, each_____ ____ Cultivator, each_____________ Drill, grain, each------------------Engine, 3-horsepower, each___ Barrow, each— Spike, peg tooth.................— Spring tooth— ------- ---------Loader, hay, each----------------Mower, hay, each----------------Picker, corn, each___________ Planter, corn, each---------------Plow, tractor, e a c h ............. . Plow, walking— 1horse (composite each____________________ 2horse (composite each_________________ _ E.ake, each— Self-dump________________ Side delivery______________ Separator, cream, each---------Shelter, corn, each----------------Spreader, manure, each--------Tractor, each----------------------Wagon, 2-horse, each................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .350 .350 .350 .350 100.0 100.0 100.0 100.0 125. 700 128.125 125. 329 117. 099 136.7 139.3 136.3 127.3 .564 .578 .583 .567 90.3 92.6 93.3 90.8 .588 .577 .585 .644 90.0 88.3 89.5 98.5 9. 023 9.023 9.023 9.241 85.2 85.2 85.2 87.3 .064 .061 .061 .066 82.6 79.4 78.9 85.6 98.9 98.9 98.8 99.2 156. 750 41. 320 90. 720 76. 000 156. 750 41. 320 90. 720 76. 000 156. 750 41. 320 90. 720 76. 000 156.750 42. 030 90. 720 76. 000 100.0 93.5 99.0 100.0 100. 0 100. 0 93.5 99.0 100.0 93.5 99.0 100.0 100.0 95.2 99.0 100.0 15. 670 18. 050 84. 310 59.140 310. 000 57. 710 104. 500 15.670 18. 050 84. 310 59.140 310. 000 57.710 104. 500 15. 670 18. 050 84. 310 59.140 310. 000 57.710 104. 500 15. 670 19.120 84. 310 59.140 318.750 57.710 104. 500 93.7 81.9 98.9 93.7 81.9 98.9 100. 0 100. 0 95.4 100.0 100.0 93.7 81.9 98.9 100.0 95.4 100.0 100.0 95.4 100.0 100.0 93.7 86.8 98.9 100.0 98.1 100.0 100.0 7. 200 7.200 7.265 99.1 99.1 99.1 99.8 15.300 15. 300 15.850 95.0 95.0 95.0 98.5 94.8 98.8 103. 2 94.8 98.8 103. 2 94.8 98.8 102.8 100. 0 100. 0 100. 0 100. 0 100. 0 94.8 98.8 103.2 100.0 100.0 100.0 100.0 price), 7. 200 price), 15. 300 30.400 77. 420 61. 270 26. 600 114. 000 680. 000 103. 070 30. 400 77. 420 61. 270 26. 600 114. 000 680. 000 103. 070 [423] 30.400 77. 420 61. 040 26. 600 114. 000 680. 000 103. 070 30. 400 71.420 61. 250 26. 600 114. 000 680. 000 103. 070 100.0 100.0 100.0 100. 0 100.0 100. 0 100.0 212 MONTHLY LABOR R EV IEW W H O LESA LE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R A N D Y E A R , 1927—Continued ’ Average prices Index numbers (1926=100.0) Commodity Octo ber, 1927 Noveinber, 1927 D e ce nber, 1927 162 2 [0,490.000 $1,490.000 $1,490.000 $1,492.000 101. 5 1,837. 000 3,837. 000 3, 837. 000 3, 671.000 102. 8 611. 000 611. 000 611. 000 613. 000 99.5 878. 000 878. 000 878. 000 884. 000 99.3 453. 000 453. 000 482. 000 456. 000 109.8 , 263.000 3, 263.000 3, 263.000 3,403.000 90.7 102 ? ioi: 5 102.8 99.5 99.3 109.8 90.7 101.5 102. 8 99.5 99. 3 116. 7 90.7 101.6 98.4 99. 8 100 0 110. 5 94.5 October, Novem Decem 1927 ber, 1927 ber, 1927 Year, 1927 Year, 1927 GROUP VI.—METALS AND METAL PRODUCTS—Con. A u t o m o b i l e s (composite price), each, f. o. b. factory, Buick___________________ Cadillac_____________ Chevrolet._______________ Dodge________________ Ford_________________ Packard_____________ Other metal products_____ Sewing machines (composite price), each— Electric___________________ Treadle___________________ Stoves, cooking (composite price), each— Coal______________________ Gas_______ Oil____________ loo 7 82. 250 51. 000 82. 250 51.000 82. 250 51.000 80. 250 50.150 106.1 103.8 106.1 103.8 106.1 103.8 103.5 102.1 61. 600 63. 400 61. 550 61. 600 63. 400 61. 550 61. 600 63. 400 61. 550 61. 600 63.400 61. 550 98.0 100.8 98.9 98.0 100.8 98.9 98.0 100.8 98.9 98.0 100.8 98.9 GROUP VIL—BUI LDING MATERIALS______ Lu m ber____________ Cypress, shop, per 1,000 feet, St Louis_______________ Douglas fir, per 1,000 feet, mill— No. 1 common sheathing___ No. 2 and better drop siding Gum, plain, sap, per 1,000 feet, St. Louis__________________ Hemlock, northern, No. 1, per 1.000 feet, Chicago_________ Maple, hard, No. 1, per 1,000 feet, Chicago______________ Oak, plain, white, No. 1, per 1.000 feet, C incinnati.. Pine, white, No. 2, per 1,666 feet, Buffalo_______________ Pine, yellow, flooring, per 1,000 feet, m ill__________________ Pine, yellow, timbers, per 1,000 feet, m ill___________ Poplar, No. 1, per 1,666’feet,' Cincinnati_________________ Spruce, eastern, per 1,000 feet, Boston____________________ Lath, per M — Douglas fir, No. 1, Chicago... Pine, yellow, No. 1, m ill.. Shingles, per M , mill— Cedar, red______________ Cypress________________ 10ft 7 91.6 92.5 43. 750 38. 750 38. 750 43. 315 89.7 79.5 79.5 88.9 15.170 29. 560 15. 480 28. 400 15.480 27. 500 16. 285 29. 592 92.0 88.3 93.9 84.9 89.8 82.2 98 8 88.4 106.2 56.000 54. 000 53.000 58. 761 101.2 97.6 95.8 37. 750 36. 000 34.000 33. 750 110.7 105.5 99.7 98.9 50. 750 52. 750 55. 000 52.327 91.2 94.7 98.8 94.0 62.000 62. 000 60. 500 63. 635 93.9 93.9 91.6 96.4 45. 000 44. 000 44. 000 46. 231 89.9 87.9 87.9 92.4 37. 980 36.420 80.7 24. 740 (■) 35. 540 38. 481 84.2 24. 980 25. 438 88.9 78.8 85.3 89.7 91.4 50. 000 50. 000 50.000 53.173 90.2 90.2 90.2 96.0 32. 500 32. 938 33.000 32. 659 98.4 99.8 100.0 98.9 5. 900 3.290 5. 900 3.270 5.900 3.200 6. 365 3. 380 77.8 66.3 77.8 65.9 77.8 64.5 83 9 68.2 2.700 5. 750 2. 570 5.750 2. 4C0 5.750 2. 541 5.833 99. 1 98.7 94.4 98.7 90. 3 98.7 93 3 100.1 13.996 39. £00 11. 000 13. 950 39. £00 11.000 13. 907 40.625 11. 000 14. 021 41. 324 11. 000 100.6 80.8 95.3 100.3 80.8 95.3 100.0 83. 1 95.3 100 8 84 5 95.3 42. 500 42. 500 42. 500 42.500 100.0 100.0 100.0 100.0 1.683 1.686 96.5 91.9 96.5 89.4 96.5 91.9 94.7 Brick, per M_____________ Common, building, plant (com posite price)_______________ Brick, front, N ew York______ Brick, sand lime, plant_____ Paving blocks, 3^-inch, St. Louis_____ _____ _______ Cement, Portland, per barrel, plant (composite price)___ Structural steel. 93.2 1. 683 1.683 .................. 1 N o quotation. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [424] 96.7 213 W HOLESALE PRICES OF COMMODITIES W HOLESALE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y EAR , 1927—Continued Index numbers (1926 = 100.0) Average prices Commodity October, Novem Decem 1927 ber, 1927 ber, 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 D e cem ber, 1927 Year, 1927 GROUP VII. — BUILDING MATERIALS—Continued Paint materials Barytes, western, per ton, New York . _ _ ____ ___ ____ Bone black, powdered, per pound, New York .. .. Copal gum, manila, per pound, mill Lampblack, velvet, per pound, N ew Y o rk .. Linseed oil, raw, per pound, N ew York . .... Litharge, commercial, per 100 pounds, N ew Y ork.. _ ____ L ith o p o n e , d o m estic , per pound, N ew York ... Putty, commercial, per pound, N ew York__ _____ ___ Red lead, dry, per 100 pounds, New York__ ______ Rosin, B grade, per barrel, New York__ __________ . . Shellac, T. N ., per pound, New York _____ ___ . Turpentine, southern, per gal lon, New York. _ ............. . W hite lead, in oil, per pound, New York____ ______ ____ Zinc oxide, leaded grades, per pound, New York _______ Other building materials Asphalt, bulk, per ton, refinery. Crushed stone, lj^-inch, per cubic yard, New York___ Glass, plate,’ per square foot, New York— 3 to 5 square feet .. 5 to 10 square feet. ___ Glass, window, per 50 square feet, works— Single A ______________ . . Single B __ ____________ . . Gravel, building, per ton, plant (composite price)___________ Hollow*tile, building, per block, Chicago _ __ . . . Lime, building, per ton, plant (composite price) Lime, hydrated, per ton, plant (composite price) ______ Sand, building, per ton, plant (composite price) ___ . . . Slate, roofing, sea green, per 100 square feet, q u a r r y ..______ Copper, sheet. (See Metals and metal products.) Copper, wire. (See Metals and metal products.) Nails, wire. (See Metals and metal products.) Pipe, cast-iron. (See Metals and metal products. Pipe, lead. (See Metals and metal products.) Pipe, black steel. (See Metals and metal products.) Reinforcing bars. (See Metals and metal products.) Terneplate. (See Metals and and metal products.) Zinc, sheet. (See Metals and metal products.) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87.0 85.7 86.5 91.0 $30. 500 $30. 500 $30. 500 $32.349 89.7 89.7 89.7 95.1 . 055 .055 .055 .055 100.0 100.0 100.0 100.0 . 100 .096 .095 .099 96.3 92.8 91.5 95.6 . 120 .120 . 120 . 120 100.0 100.0 100.0 100.0 93.7 .099 .099 .096 . 105 88.6 88.3 86.1 8.750 8. 750 9.000 9. 380 77.9 77.9 80.1 83.5 . 053 .053 .053 .053 95.8 95.8 95.8 95.8 . 055 .055 .055 .056 137.5 137.5 137.5 139.8 9.750 9. 750 10.000 10.200 83.1 83.1 85.3 87.0 9.238 8. 545 8.700 10.023 74.4 68.8 70.1 80.7 .474 .488 .544 .476 138.1 142.0 158.5 138.6 .531 .506 .544 .621 57.0 54.3 58.4 66.7 .138 . 135 . 133 . 140 90.3 88.7 87.1 92.1 .006 .066 .066 .066 90.2 90.2 90.2 89.7 91.2 100.0 92.5 100.0 94.1 100.0 12. 000 12. 000 12.000 12. 000 91.7 100.0 1. 750 1.750 1.750 1.803 98.7 98.7 98.7 101.7 .350 .400 .320 .355 .350 .385 .323 .395 80.3 83.6 80.3 74.2 87.9 80.5 81.0 82.6 3. 456 2. 736 3.417 2. 693 3. 300 2. 565 3. 533 2. 980 88.6 88.0 87.6 86.6 84.6 82.5 90.6 95.8 .898 .902 .932 .910 95.5 95.9 99.1 96.8 .076 .076 .076 .076 97.1 97.1 97.1 97.1 8. 933 8. 959 8. 817 8. 825 99.4 99.7 98.1 98.2 9. 753 9.757 9.750 9. 722 97,7 97.7 97.7 97.4 .586 .579 .608 .592 92.3 91.3 95.8 93.3 14. 000 14. 000 14. 000 14. 000 100.0 100.0 100.0 100.0 [4 2 5 ] 214 MONTHLY LABOR R EV IEW W HOLESALE PR IC ES OF COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R A N D Y E A R , 1927—Continued Average prices Index numbers (1926=100.0) Commodity October, 1927 N ovem Decem ber, 1927 ber, 1927 Year, 1927 GROUP VIII. -CHEMICALS AND DRUGS______ C h em ica ls__________ _____ ___ Acid, New York— Acetic, 28 per cent, per 100 pounds__________________ Boric, per pound___________ Carbonic, per pound_______ Muriatic, 20°, per 100 pounds, works___________________ Nitric, 42°, per 100 pounds__ Oleic, distilled, per pound... Salicylic, U . S. P., per pound. Stearic, triple-pressed, per pound___________________ Sulphuric, 66°, per to n ______ Alcohol, per gallon, New Y o r k Denatured________________ Wood, refined______________ Aluminum sulphate, commer cial, per 100 pounds, New York______________________ Ammonia, anhydrous, per pound, New York__________ Anilin oil, per pound, New York______________________ Arsenic, white, powdered, per pound, New York__________ Benzine, pure, per gallon, works. Bleaching powder, per 100 pounds, w o r k s ...__________ Borax, crystals, per pound, New York_________________ Calcium arsenate, per pound, New York_________________ Calcium chloride, solid, 73-75 per cent, per ton, New York. Caustic potash, 88-92 per cent, per pound, New York______ Coal-tar colors, per pound, New Y orkBlack, d ir e c t............... Brown, sulphur................. Indigo, paste_____ ________ Jet, nigrosine............................. Copper sulphate, per 100 pounds, N ew York________ Cooperas, per ton, works_____ Copra. (See Foods.) Creosote oil, grade 1, per gallon, works___ ____ _____________ Formaldehyde, per pound, New York______________________ Lime, acetate, per 100 pounds, N ew York_________________ Naphthalene flake, per pound. New York_________________ Sal soda, per 100 pounds, N ew York........... ................................. Salt cake, ground, per ton, works_______ _____ ________ Soda ash, light, 58 per cent, per 100 pounds, works.................... Soda, bicarbonate, per 100 pounds, works_____________ Soda, caustic, per 1Ó6 pounds," works__________ ____ _____ _ Sodium silicate, 40°, per 100 pounds, works________ ____ Sulphur, crude, per ton, mines _ Tallow, packers’ prime, per pound, Chicago................... . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N o Octo vem ber, ber, 1927 1927 De cem ber, 1927 Year, 1927 97 1 101 $ $3. 375 .083 .060 $3.375 .083 .060 $3. 375 .083 .060 $3. 375 .083 .060 103.7 93.1 100.0 103. 7 93. 1 100.0 103.7 93.1 100.0 103. 7 93.1 100.0 1. 070 6. 500 .090 .400 1.100 6. 500 .090 .400 1. 100 6. 500 .090 .400 1.008 6. 500 .088 .400 115.1 101. 4 97. 1 116.9 118.3 101.4 97.1 116.9 118.3 101. 4 97. 1 116.9 108. 6 101.4 95.0 116.9 . 133 15. 200 .133 15. 500 .133 15. 500 . 136 15.104 81.4 104.1 81.4 106.9 81.4 106.9 83.8 104.1 .550 . 534 .550 .480 .550 .480 .478 .674 149.8 84.2 149.8 75.7 149.8 75.7 130.1 106.2 1. 400 1. 400 1.400 1. 400 100.0 100.0 100.0 100.0 .118 .120 .120 . 114 89.9 91.4 91.4 87.0 . 150 .158 .158 .151 91.4 95.9 95.9 92.1 .040 . 230 .040 .210 .040 .210 .038 .230 114.3 95.1 114.3 86.8 114.3 86.8 108.6 95.1 2. 000 2.000 2.000 2. 000 1G0. 0 100.0 100.0 100.0 .040 .040 .040 .042 82. g 82.3 82.3 85.8 .067 .065 .065 .072 91.7 88.9 88.9 98.8 21.000 21. 000 21. 000 21. 000 100. 0 100.0 100.0 100.0 .075 .071 .071 .073 105.2 100.0 100.0 102.9 .400 . 240 . 140 .400 .400 .240 .140 .400 .400 .240 . 140 .400 .400 .240 . 140 .400 116.2 113.0 100.0 87.8 116.2 113.0 100.0 87.8 116.2 113.0 100.0 87.8 116.2 113.0 100.0 87.8 5.000 13. 000 5.000 13. 000 5.010 13. 000 4. 916 13. 000 106. 4 104.6 106.4 104.6 106.6 104.6 104. 7 104.6 .160 .160 .162 .160 113.6 113.6 115.1 113.8 .085 .085 .085 .100 88.0 88.0 88.0 103.1 3. 500 3. 500 3. 500 3. 500 106.7 106.7 106.7 106.7 .047 .050 .050 .046 85.5 90.9 90. 9 84.4 .900 .900 .900 .900 89.0 89.0 89.0 89.0 18. 000 17. 250 17. 000 17. 925 90.0 86.3 85.0 89.6 1.375 1. 375 1.375 1.375 96.2 96.2 96.2 96.2 1. 900 1.900 1.900 1.900 100.0 100.0 100.0 100.0 3. 060 3. 000 2.990 3.078 95.6 93.8 93.4 96.2 .750 18. 000 .750 18. 000 . 750 18. 000 .750 18. 000 96.2 98.8 96. 2 98.8 96. 2 98.8 96. 2 98.8 .089 .091 .089 .081 102.8 104.9 102.1 93.3 [4261 215 WHOLESALE PRICES OF COMMODITIES W HOLESALE PR IC ES OP COM M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926 = 100.0) Average prices Commodity October, Novem- Decernber, 1927 ber, 1927 1927 Year, 1927 NoOcto vember, ber, 1927 1927 December, 1927 Year, 1927 G R O U P V III.—CHEM IC A LS A N D D R U G S -C o n tin u ed C h e m icals—Con tinued. Toluene, pure, per gallon, works _ _ _______________ Vegetable oils, per pound— Coconut. (See Foods.) Corn. (See Poods.) Palm, niger, N ew York . __ Palmkernel,crude,New York. Soya bean. (See Foods.) $0.350 $0.350 $0.350 $0. 350 100.0 100.0 100.0 100.0 .071 .092 .071 .092 .070 .091 .071 .091 88. 6 92.2 88.5 92.1 87.4 91.5 88.1 91.0 86.2 85.2 81.9 87.3 99. 5 122.8 99.5 122.8 98.7 118.1 Dru gs and pharmaceuticals- Acid, New York— Citric, domestic, per pound, crystals ______________ Tartaric, per pound, crystals. Alcohol, grain, per gallon, New York _______ Camphor, Japanese, refined, slabs, per pound, New Y ork.. Castor oil, medicinal, per pound, N ew York _______ Cream of tartar, powdered, per pound, New York ______ Epsom salts, U. S. P ., per 100 pounds, N ew Y o r k ___ ____ Glycerine, chemically pure, per pound, N ew York ______ Menthol imported, per pound, New York _____. Opium, U. S. P., per pound, _____ _ New York Peroxide of hydrogen, U. S. P., per gross 4-ounce bottles, New Y o r k ._________ ____ Phenol, U. S. P., per pound, New York _____ _ __ Quinine, sulphate, domestic, per ounce, New York Soda phosphate, commercial, per pound, N ew York_____ Zinc chloride, granular, per pound, N ew York__________ .445 .368 .445 .360 .445 .360 .442 .346 99. 5 125. 5 3. 750 3. 750 3.541 3.741 77.2 77.2 72.9 77.1 .643 81.0 86.9 .606 .610 .600 81.8 82.4 .130 .130 .132 .132 102.9 102.9 104.5 104.3 .276 .268 .268 .256 128.9 125.2 125.2 119.8 2.250 2.438 2.500 2. 337 90.9 98.5 101.1 94.5 .234 .220 .201 . 249 85.0 79.9 73.0 90.5 4. 060 4. 013 4.100 4. 299 79.6 78.7 80.4 84.3 12. 000 12. 000 12. 000 12. 000 100.0 100.0 100.0 100.0 7.750 7.750 7.750 7. 750 100.5 100.5 100.5 100.5 .170 .170 .170 .169 86.3 86.3 86.3 85.6 .400 .400 .400 .400 92.9 92.9 92.9 92.9 .033 .033 .033 .033 100.0 100.0 100.0 100.0 .065 .065 .065 .064 99. 7 94.1 100.5 94.9 100.5 95.0 98.9 96.2 8. 500 28. 000 8. 500 28. 000 8. 500 28. 000 8.547 28. 000 88.6 105.6 88.6 105.6 88.6 105. 6 89.1 105.6 Fertilizer materials . Acid phosphate, per ton, Baltimore___ ________ ____ __ Bones, ground, per ton, Chicago Kainit, 12.4 per cent, per ton, New York _ _ . . __ Manure salts, 20 per cent, per ton, N ew York Muriate of potash, 80-85 per cent, per ton, N ew York____ Nitrate of soda, 95 per cent, per 100 pounds, N ew York_____ Phosphate rock, Florida land pebble, per ton, mines Sulphate of ammonia, per 100 pounds, New York_________ Sulphate'of potash, 90-95 per cent, per ton, N ew York . . . Tankage, per ton, Chicago------ Fertilizers, mixed, per ton (composite price) N ew England ____________ Middle A tlantic.-________ South Atlantic, 8-3-3_________ South Atlantic, other. South Central and Southwest Middle West— .........................- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9. 000 9.000 9. 000 9. 000 108.5 108.5 108.5 108.5 12. 400 12. 400 12. 400 12. 400 105. 2 105. 2 105.2 105.2 36. 400 36. 400 36. 400 36. 400 103.6 103.6 103.6 103.6 2.365 2. 400 2.400 2.495 92.8 94.1 94.1 97.9 3. 000 3.000 3.000 3. 011 95.5 95.5 95.5 95.9 2.430 2.450 2. 450 2.427 92.5 93.2 93.2 92.4 47. 300 33. 770 47. 300 35. 750 47. 300 36. 650 47. 300 34. 086 102.7 97. 6 102.7 103.3 102.7 105.9 102.7 98.5 38. 176 30. 745 21. 400 26. 805 25. 463 26. 017 38. 671 31. 205 21. 400 26. 805 25. 463 26.017 43. 066 31. 205 22. 900 26. 805 25. 463 26. 017 37.762 30. 804 21. 792 26. 975 24. 889 26. 544 92.5 98.5 94.6 92.2 89.6 91.2 93.5 92.9 99.7 96.0 92.2 89.6 91.2 93.5 95.2 111. 1 96.0 98.7 89.6 91.2 93.5 93.0 97.4 94.8 93.9 90.2 89.1 95.4 [427] 216 MONTHLY LABOR REV IEW W HOLESALE PR IC ES OF C O M M O DITIES, OCTOBER, N O V E M B E R , D E C E M B E R A N D Y E A R , 1927—Continued Average prices Index numbers (1926=100.0) Commodity October, Novem- Decern1927 ber, 1927 ber, 1927 Year, 1927 GROUP IX.—HOIJSE-FURNISHING GOODS 98.5 Furniture, factory (composite price) 2__ Bedroom, each— Beds_____. . . . . . Chairs________ Dressers and vanities___ R o c k e rs._____ Dining room— Buffets, china cabinets, and servers, each . Chairs, set of six___ Tables, each____ _ Kitchen — Cabinets, ea ch .. ____ Chairs, per dozen . Refrigerators, each___ Tables, e a c h __ Living room, each— Chairs__ Davenports. . . . Tables_________ December, 1927 Y ear, 1927' 98.9 97 0 $30. 694 7. 950 42. 299 7.522 $30. 694 7. 950 42. 322 7. 522 $30. 694 7. 950 42.322 7. 522 40. 051 47. 936 39. 385 40. 716 48.311 39. 723 40. 716 48.311 39. 723 39. 000 14. 675 17. 770 5. 817 39. 000 14.175 17. 770 5. 817 39. 000 14.175 17. 770 5. 817 43. 583 63. 393 22. 450 43. 583 63.107 22. 450 43. 583 62. 714 22. 450 Furnishings Blankets— Cotton. (See Textile prod ucts.) Wool. (See Textile products.) Carpets, per yard, factory— Axm inster.. _ B ru ssels______ Wilton Cutlery, factory— Carvers, per pair.. Knives and forks, per gross... Pails, galvanized iron, per gross, factory Sheeting, 10/4— P e p p e r e l l . (See Textile products.) W a m s u t t a . (S e e Textile products.) Tableware, factory— Dinner sets, 100-piece, semivitreous, per set Dinner sets, 104-piece, vitreous, per set___ Nappies, glass, 4-inch, common, per dozen... Pitchers, glass, ^-gallon, common, per dozen. Tumblers, 3%-pint, common, per d o z e n ___ Plates, white granite, per dozen.. Teacups and saucers, white granite, per dozen _. Ticking, Amoskeag. (See Textile products.) Tubs, galvanized iron, per dozen, factorv Sewing machines, factorv. (See Metals and metal prod ucts.) Octo November, ber, 1927 1927 99.4 100.0 3.120 2.976 4.800 3.120 2. 976 4.800 3.120 2. 976 4.800 $3.120 2.976 4. 840 ’ \ yn l .o 97. 1 94.6 97.1 94.6 100 0 97 1 95.4 1. 350 12. 500 1. 350 12. 500 1. 350 12. 500 1. 350 12. 500 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 20. 488 20. 075 20. 075 20. 732 y¿>. o 91.7 91.7 94.7 100. 0 19. 860 19. 860 19. 072 19. 794 100.0 100.0 96.0 96.7 47.160 47.160 47.160 46.133 103.2 103.2 103.2 100.9 .200 .200 .200 .200 100.0 100.0 100.0 100.0 2.100 2.250 2. 250 2.125 98.1 105.1 105.1 99.2 .160 .180 .180 .167 98.2 98.2 90.9 .980 .976 .930 100.0 99.6 94.9 99.5 1.260 1. 255 1. 200 1.255 100.0 99.6 95. 2 99.6 6.350 6.225 6.225 6.376 96.9 95.0 95.0 97.3 ♦ n fS î™ +f jndividual articles of furniture are only roughly comparable from month to month, owing to frequent change in patterns announced by manufacturers. ë https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [428] 217 WHOLESALE PRICES OF COMMODITIES WHOLESALE PR IC ES OF CO M M O DITIES, O CTOBER, N O V E M B E R , D E C E M B E R , A N D Y E A R , 1927—Continued Index numbers (1926== 100.0) Average prices Commodity October, 1927 Novem Decem ber, 1927 ber, 1927 Year, 1927 N o Octo vem ber, ber, 1927 1927 88.3 88.3 89.0 89.9 122.4 120.4 128.9 128.6 117.8 116.4 124.7 D e cem Year, ber, 1927 1927 GROUP IX.—HOUSE-FUR NISHING GOODS—Contd. Furnishings—Continued. Stoves, cooking— C oal. (See Metals and metal products.) Gas. (See Metals and metal products.) Oil. (See Metals and metal products.) GROUP X.—MISCELLANE OUS ratlliR feed Bran, per ton, Minneapolis----Cottonseed meal, prime, per ton, Memphis _______ Linseed meal, per ton, New York . ______ Middlings, standard, per ton, Minneapolis_______________ $27. 800 $29. 688 $26.861 1IB. 7 111.0 39. 250 42. 250 35. 604 134.0 137.5 148. 0 49. 000 49. 500 46.962 101.8 102.7 103.7 98.4 26.875 28. 550 29. 563 29.127 114.7 121.9 126.2 124.3 91.6 91.3 90.9 92.2 41.184 51. 084 64. 350 41.184 51. 084 64. 350 38. 995 51. 084 64. 350 41. 002 51. 084 64. 969 105. 6 104.4 105. 0 105. 6 104.4 105. 0 100. 0 104.4 105. 0 105.1 104.4 106.0 3. 250 3.250 3.250 3. 250 94.2 94.2 94. 2 94.2 9. 250 9. 150 9.130 9.230 83.9 83.0 82.8 83.7 28. 500 28. 100 28. 000 28. 712 92.5 91.2 90.9 93.2 2. 525 2.525 2.525 2. 633 88.1 88.1 88.1 91.9 .249 .273 .294 .268 70.5 65.5 77.8 71.8 84.2 77.3 77.9 70.6 .344 .380 .411 .381 70.7 78.1 84.5 78.2 13. 342 10. 716 6.256 12. 792 9. 798 6.127 12. 792 9. 798 6.127 13. 777 10. 758 6.925 74.9 73.0 76.5 71.1 71.2 69.9 69.9 69.7 69.9 69.9 69.9 69.7 76.3 75.3 76.8 78.7 99.9 99.1 98.6 99.9 $25. 625 38. 250 48. 600 Paper and pulp Box board, per ton, mill— Chip ___________ Mariladined chip ______ _ 85-pound test liner________ Paper— Newsprint, rolls, contract, per 100 pounds, mills Wrapping, manila, No. 1, Jute, per 100 pounds, New York........... ............................. Wood pulp— Mechanical, No. 1, domestic, per ton, m ill. ______ Sulphite, domestic, un bleached, news grade, per 100 pounds, N ew York.- Rubber, crude, per pound, New York Para, island,fine_____________ Plantation, ribbed, smoked sheets________ ___________ Automobile tires (composite price), each, factory Balloon. ________________ Cord. __________________ _ Fabric______________________ Other miscellaneous Cylinder oil, per gallon, re refinery— Oklahoma _ _____________ Pennsylvania____ _____ Neutral oil, per gallon, re finery— Gulf coast ___________ ___ Pennsylvania ______ ______ Soap, laundry, per 100 cakes— Cincinnati - . __________ Philadelph ia___ ___ _ _ Starch, laundry, per pound, N ew York _______ Tobacco, N ew York— Plug, per pound _____ _ Smoking, * 1-ounce bag, per gross____________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 170 .253 . 170 .245 . 170 .245 . 174 .251 94.4 95.8 94.4 92. 7 94.4 92.7 96.4 95.2 .102 .340 . 100 .330 . 100 .320 .110 .332 79.3 121. 5 77.8 117.9 77.8 114.4 85.5 118.6 4.180 4. 851 4.180 4. 851 4.180 4. 851 4. 176 4. 851 93. 5 100.0 93.5 100. 0 93.5 100.0 93.4 100.0 .058 .058 .058 .058 98.6 98.6 98.6 98.6 .696 .696 .696 .696 100.0 100.0 100.0 100.0 8. 320 8. 320 8. 320 8. 320 100.0 100.0 100.0 100.0 [429] COST OF LIVING Changes in Cost of Living in the United States HE cost of living in the United States in December, 1927, was 0.8 per cent lower than in June preceding and 2.1 per cent less than in December, 1926, according to the data compiled by the Bureau of Labor Statistics in its semiannual survey of cost of living in various cities. These data, together with the data that have been given in previous reports, are shown in the tables following. The information is based on actual prices secured from merchants and dealers for each of the periods named. The prices of food and of fuel and light (which include coal, wood, gas, electricity, and kerosene) are furnished the bureau in accordance with arrangements made with establishments through personal visits of the bureau’s agents. In each city food prices are secured from 15 to 25 merchants and dealers, and fuel and light prices from 10 to 15 firms, including public utilities. All other data are secured by special agents of the bureau who visit the various merchants, dealers, and agents and secure the figures directly from their records. Four quotations are secured in each city (except in Greater New York, where five are obtained) on each of a large number of articles of clothing, furniture, and miscellaneous items. The number of houses and apartments for which basic rental figures are shown vary in the different cities approximately in pro portion to population, the number per city, in round numbers, rang ing from 400 to 2,200. In Table 1 are given index numbers, with 1913 as the base or 100, showing changes in the total cost of living in the United States from 1913 to December, 1927. T T able 1 .— IN D E X N U M B E R S SHO W ING C H A N G ES IN COST OF L IV IN G IN T H E U N IT E D ST A TES, 1913, TO D E C E M B E R , 1927 Date Index num bers Average, 1913________ _ 100.0 December, 1914______ . December, 1915________ December, 1916________ December, 1917________ December, 1918________ June, 1919___ __________ December, 1919 _______ June, 1920_____________ December, 1920____ . . . 103.0 105.1 118.3 142.4 174.4 177.3 199.3 216.5 200.4 Date M ay, 1921____________ September, 1921______ December, 1921_______ March, 1922.................... June, 1922............... September, 1922____ December, 1922_______ March, 1923 June, 1923________ September, 1923 ____ December, 1923______ Index num bers 180.4 177.3 174. 3 166.9 166. 4 166. 3 169. 5 168. 8 169. 7 172.1 173.2 Date March, 1924 June, 1924_____ September. 1924 December, 1924 June, 1925 December, 1925 June, 1926 December, 1928 June, 1927 December, 1927 Index num bers 170.4 169.1 170.6 172.5 173.5 177.9 174.8 175.6 173.4 172.0 Table 2 shows the per cent of change in cost of living from June, 1920, December, 1926, and June, 1927, respectively, to December, 1927, in 32 cities, and in the United States, as determined by a con solidation of the figures for the 32 cities. 218 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [430] 219 CHANGES IN COST OF LIVING In the period from June, 1920, which represents the peak, to December, 1927, all of the 32 cities show decreases ranging from 15.2 to 26.2 per cent, the average being 20.6 per cent. T able 2 .—P E R C E N T OF CHANGE IN COST OF L IV IN G IN SP E C IFIE D CITIES FROM JU N E , 1920, D E C E M B E R , 1926, A N D JU N E , 1927, TO D E C E M B E R , 1927 Per cent of increase (+ ) or decrease (—) from— City Atlanta..................... B altim ore.............. Birmingham_____ B oston .......... .......... Buffalo____ ______ Chicago__________ Cincinnati_______ Cleveland________ Denver ................. Detroit___________ Houston_________ Indianapolis ____ Jacksonville______ Kansas C ity______ Los Angeles Memphis _______ Minneapolis _____ Mobile___________ Decem June, 1920, to ber, 1926, to De Decem ber, 1927 cember, 1927 -2 2 .1 -1 8 .6 -1 8 . 5 -1 9 . 6 -1 8 . 7 —18.8 -1 7 . 5 -1 8 .7 -2 2 .4 -2 4 . 2 -2 0 .9 -20. 6 -2 0 . 1 -2 6 .2 —15. 4 -1 9 .9 -1 9 .5 -2 0 .0 -2 . 6 - 2 .3 - 1 .8 - 1 .4 - 1 .9 - 2 .6 -2 .0 - 1 .4 -3 .2 - 2 .8 -1 . 6 -2 . 5 - 4 .6 -2 .7 —9 -2 .2 - 3 .4 - 1 .5 Per cent of increase (+ ) or decrease (—) from— City June, 1927, to Decem ber, 1927 Decem June, June, 1920, to ber, 1926, 1927, to to D e Decem cember, Decem ber, 1927 ber, 1927 1927 —1. 6 —.5 + .8 +• 8 + .2 —1.6 —1. 6 —. 7 -1 . 5 —2. 0 + 1 .0 —1.8 -1 . 5 -1 . 8 —5 NftW Orleans New York Norfolk Philadelphia______ Pittsburgh Portland ]VTp Portland, Oreg Richmond St. Louis San Francisco Savannah Scranton Seattle Washington -1 5 .5 -1 8 .3 -22. 0 -1 6 .5 -1 6 .3 -1 9 .6 -2 3 .8 -19. 1 -1 8 .5 -1 8 .0 -2 4 .5 -1 5 .2 -2 0 .7 -2 0 .1 - 1 .5 - 1 .0 - 1 .3 - 3 .1 — 9 —1.5 +■ 1 —. 1 + .2 -1 .5 + .2 - .7 Average, United States -2 0 .6 - 2 .1 —,8 -1 .5 + .2 - 1 .5 -0 .3 + .2 -2 .2 -1 .9 - 1 .3 - 1 .5 - 2 .4 -2 .5 + .2 —.5 + .1 Table 3 shows the changes in each item of expenditure in 19 cities from December, 1914, to December, 1927. Figures for certain months are omitted from Tables 3 and 4 to curtail space. In studying this and the following tables it should be borne in mind that the figures for the 19 cities in Table 3 are based on the prices prevailing in December, 1914, the figures for the 13 cities in Table 4 are based on the prices prevailing in December, 1917, while the figures for the United States, shown in Table 5, are a summariza tion of the figures in Tables 3 and 4, computed on a 1913 base. 82645°— 28----- 15 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1431] 220 MONTHLY LABOR R EV IEW T able 3 —C H ANGES IN COST OF L IV IN G IN 19 CITIES, D E C E M B E R , 1914, TO D E C E M B E R , 1927 B a ltim o r e , M d . Per cent of increase over December, 1914, in expenditure for— Date Clothing Food December, 1915______________ _ ._ December, 1916__________________ December, 1917______________ ____ December, 1918____. _ . _ June, 1919. . . December, 1919___ June, 1920.. ______ December, 1920______ _______ . . May, 1921.. December, 1921__________________ June, 1922___________ December, 1922______ ______ June, 1923___ ____ _____ . . December, 1923 ___ __ June, 1924.. ________ December, 1924 _______ June, 1925__ __________ _ December, 1925__________ . June, 1926__ __________________ . . December, 1926______________ . . June, 1927____________________ December, 1927_______________ 1 4. 1 20.9 64. 4 96. 4 91.1 92. 5 110. 9 75. 6 43. 4 46.9 39. 9 46.1 46.5 50. 6 44.0 53.0 57. 7 66.2 62.2 63.0 56. 7 56.7 2.7 24.0 52.1 107.7 128.9 177.4 191.3 159. 5 123. 2 88.6 78. 9 80.5 81.4 81.8 78.3 76. 2 76.0 76.2 73.0 72.5 71.3 68.2 B o s to n , December, 1915 December^ 1916_______ _ . . December, 1917_________ _______ December, 1918________ _ . _ . June, 1919.. _________ _ __ December, 1919__________________ June, 1920.. ________ December, 1920. . . May, 1921.. _____ December, 1921______ . . . June, 1922__ December, 1922____________ ____ June, 1923__ _____ _ ________ . December, 1923__________________ June, 1924__ ______ __ December, 1924__________________ June, 1925__ _____________________ December, 1925__________________ June, 1926.. _____ _____ _ _____ December, 1926______ _______ ____ June, 1927.. . ____________ _ December, 1927________________ 1 0. 3 18.0 45. 8 74. 9 67.9 80. 8 105. 0 74.4 41. 9 50.4 32. 5 44.9 39. 7 48.8 37.9 47.8 44. 5 60. 6 51. 5 56. 6 50.5 54.4 2.4 30.1 64.1 87.8 82. 9 94. 7 115. 7 78. 5 37. 7 50.8 38. 5 48.8 41.6 51. 9 39. 5 51.6 52.0 66. 5 60. 9 63. 6 56. 7 55.9 1 0.2 .9 3.0 13.8 16.8 25.8 41.6 49. 5 63. 0 64.7 65.4 66.9 69.6 71.9 72.4 72.2 72.0 72. 2 71.3 70.6 69.9 68.0 6. 6 21. 9 47.5 117. 5 137.9 192. 4 211.1 192. 7 150. 3 106.3 96. 7 92.0 93.0 92.6 91.2 89.1 88.9 87.8 85.9 85.3 82.9 80.2 1 0.1 .1 1.1 2.8 5.1 12. 2 16. 2 25. 8 29.8 33.8 34.4 36.7 40.2 47.0 50.7 52.4 52.9 54.0 53. 2 53. 5 53. 2 52.4 N . 9.0 29.6 58. 5 123.1 140. 7 190.8 210. 6 168.7 131. 6 96. 5 83. 6 81.4 83.4 83.8 81.7 79.9 80.3 79.8 76. 7 74. 6 72.2 71.2 decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis House Fuel and furnishing light goods Miscel laneous 0. 5 9.1 25.5 46. 0 37.1 48.1 57.6 79. 0 70. 9 85.5 84.8 94.9 91.6 93.5 84.8 88.7 85.3 90.9 89.8 87.3 82.2 85.5 5. 6 26.4 60.8 122.3 134.6 167.0 191.8 181.9 147. 5 123.7 113.3 116. 6 127.5 130.2 129.4 125. 7 122.8 122.1 112. 8 110.5 106.9 104.8 i 1.4 18.5 51.3 78.7 82.8 99.4 111.4 112. 9 111.8 108.6 104.4 102.6 103.8 105.2 109.9 107.1 111.0 111.6 111. 2 112.3 112.9 112.3 il.4 18.5 51.3 84.7 84.0 98.4 114.3 96.8 77.4 73.2 67.6 70.9 72.0 74.8 71.9 74.8 77.3 81.2 78.4 78.6 75.3 74.5 1.1 10.5 29.2 56.6 55.0 63. 2 83. 6 106.0 97.8 98. 5 92. 5 99.9 88.8 97.0 90. 7 93.7 90.4 107.2 94.4 98.7 92. 5 96.5 8.4 26.3 58.4 137. 6 153. 7 198. 7 233.7 226.4 171.2 136. 9 124. 2 133.6 150. 5 148.2 136.9 138.1 136.9 136. 7 133.1 129.6 125. 5 124.4 1.6 15.7 38.1 62.0 64.8 81.1 91.8 96.6 96. 2 93.0 89.5 87.8 89. 2 93.0 88.0 85.9 86.3 91.0 91.0 92.3 91.5 91.3 1.6 15.7 38.1 70.6 72.8 92.3 110. 7 97.4 74.4 70.2 59.6 65.1 63.5 69.4 63.2 67.3 65.8 74.7 69.4 71.9 68.1 69.5 1.3 9.3 23.5 49.3 51. 9 55.7 69.8 74/9 73.9 79.7 78.8 115.7 119.1 120.4 116. 6 117.9 115. 5 117. 9 127.3 127.1 126. 9 128.5 7.1 24.1 50. 2 106. 3 118.1 165.4 199. 7 189.2 151. 3 124. 7 108. 0 112.8 127.9 127.5 121.0 121.0 119. 5 118.2 113. 6 110.2 106. 2 106.0 3.5 24.4 51.1 76.0 78. 7 90.3 101.9 107.4 107.8 103. 0 97.9 97.5 100.5 102.5 101. 9 100. 9 107.7 107. 9 110. 6 112.5 111.4 116.1 3.5 24.4 51.1 80.9 84. 2 102. 7 121. 5 101.7 80.3 76.8 68. 6 73.9 74.1 78.6 73.9 77.8 79.7 84.8 82. 8 83.6 79.8 80.1 All items M a ss. B u ffa lo , December, 1915... . . . . . ___. . . December, 1916________________ December, 1917_________________ December, 1918.. . . . ___________ June, 1919.. December, 1919________ .... June, 1920.. ________ December, 1920________ . . . . . May, 1921___________ December, 1921_______ June, 1922.. _______ _____ ______ December, 1922. . . . June, 1923.. _____ ___ ____ _____ December, 1923 ____. . June, 1924.. ____ . ________ December, 1924. _____ ____ ____ June, 1925__ ___ _________ _ ____ December, 1925 _________________ June, 1926__ _ December, 1926______ ____ _ _ June, 1927__ _________ December, 1927________ ________ Rent [432] Y . 1.2 4.7 9.4 20.7 28. 0 29. 0 46. 6 48. 5 61.1 61. 7 64. 7 64.9 70.0 71.8 76.3 76.8 79.1 79. 5 78.1 77.4 75.8 73.7 221 CHANGES IN COST OF LIVING T a b l e 3 .—CHANGES IN COST OF L IV IN G IN 19 CITIES, D E C E M B E R , 1914, TO D E C E M B E R , 1927—Continued C h ic a g o , III. Per cent of increase over December, 1914, in expenditure for— Date Food December, 1915........... December, 1916___ _____ December, 1917__________ December, 1918 . . June, 1919__ _ December, 1919 . . . _ ___ June, 1920.. ._ _ _ . . December, 1920 . . M ay, 1921____________ December, 1921____ June, 1922. . . ___ December, 1922 ____ ____ June, 1923. ____ ______ December, 1923. ____________ June, 1924. . . . . . . ____ December, 1924__________ _______ June, 1925.. _________ December, 1925________________ ___ _ June, 1926___ December, 1 9 2 6 .___ ___ _ June, 1927. _______ December, 1927____________ 2.7 25.2 53.4 78.7 73.3 93. 1 120.0 70.5 41. 9 48.3 41.6 44.8 45. 1 52. 5 47. 9 56.2 61.4 69.4 67.2 69.6 68. 2 63.4 Clothing 7.5 24.2 50.6 138.9 157.1 224.0 205.3 158.6 122.7 74.3 63.0 67.5 72.2 76.0 72.6 67.8 65.8 65.3 62.7 61.9 58.7 53.8 C le v e la n d , Decern oer, 1915______ December, 1916 _. _______ December, 1 9 1 7 .____ December, 1918 _ June, 1919.. ____ December, 1919 . . . . . June, 1920. December, 1920.. ___ M ay, 1921____________ December, 1921.. June, 1922.. ________ _ December, 1922________ June, 1923. ___ December, 1923.. _____ June, 1924. . ___ December, 1924... . . . . June, 1925. . ____ December, 1925_____ June, 1926. . . December, 1926.. June, 1927. December, 1927____ 1.4 26. 4 54.3 79. 4 79.7 92.9 118. 7 71.7 37.4 40.9 34.6 41. 1 42. 1 43.6 37.2 46. 2 53. 8 58.3 60. 0 58. 7 56.6 55.1 2.0 18.0 43.7 102.6 125.2 171.2 185.1 156.0 124. 0 85.8 72.4 70.9 77.6 79. 6 78.4 72.9 71.9 71.9 70.7 68.3 67.5 66.0 D e tr o it, December, 1915________ December, 1916_________ December, 1917______ December, 1918____ June, 1919__ ______ _ December, 1 9 1 9 ...____ June, 1920__ . _. December, 1920. _____ M ay, 1921__________ December, 1921. . . . June, 1922___________ December, 1922_____________ June, 1923__________ December, 1923_________ June, 1924__ ______ December, 1 9 2 4 ._____ ___ June, 1925______________ December, 1925________ June, 1926.. _________ December, 1926_____ ___ June, 1927________________ December, 1927_____________ 4. 1 26.5 59.7 82. 5 86.4 99.5 132.0 75.6 41. 1 47.3 43.1 44.8 46.7 47.5 45.5 49. 7 60. 6 68. 1 65.7 63.8 65. 2 57. 6 10.1 .7 1.4 2.6 8.0 14.0 35.1 48.9 78.2 83.9 87.4 88.9 92.1 95.4 104.4 305.8 105.6 104.4 99.5 96. 7 93.9 90.0 Fuel and House Miscel furnishing laneous light goods All items i 0.9 6.6 19.3 37.1 35.7 40.1 62.4 83.5 65.3 69.4 55.4 65.6 54.9 59.3 53.0 56.1 53.9 65.8 55.4 64.4 57.2 59.2 5. 9 20. 0 47.5 108.9 126.9 176.0 215.9 205.8 162.4 133.7 108. 5 120.4 133.1 132.9 122. 2 121.9 118.1 118.5 112.4 109.2 105. 2 104.4 3. 0 19. 5 41.8 58.7 61.7 84.3 87. 5 96. 5 98. 5 94. 5 87.9 86. 7 87.7 88.1 90. 7 90. 7 93. 9 93.9 94. 3 95. 7 96. 7 99.7 3.0 19.5 41.8 72.2 74.5 100.6 114.6 93.3 78.4 72.3 65.0 68.0 69. 6 73.7 72 6 75. 3 77 1 80.6 77.8 79.0 77 1 74.3 0.3 10.0 26.8 51. 9 47.9 62.9 90.3 94.5 89.6 103.8 102.2 116. 3 151. 6 147.0 142.6 144. 1 143.9 168.8 162.3 170.7 163.9 164.2 4. 7 19. 7 47. 8 102.4 117.0 165.5 186.5 176.8 133. 6 100.8 87.8 104.8 129. 6 129.3 118.0 113. 4 111. 9 113.4 106.1 105.3 103. 2 97.9 14 19.1 42. 9 67.1 74. 7 85.9 117. 9 134.0 129. 6 123.2 110. 7 109.4 108 1 113.1 112. 7 112.1 112. 3 111.5 111. 9 112. 7 115. 9 115.9 14 19 1 42 9 71.4 77 2 98. 2 120 3 107.3 87 5 78. 8 68. 9 72.9 77 1 79. 6 75 9 78.1 80 4 82.7 81 9 81.5 80 2 79.0 1. 6 9.9 30.2 47.6 47.6 57.9 74.9 104.5 83.6 77.5 75.2 95.5 87.3 84.9 81.8 82.7 78.9 101.1 76.4 86.8 73.4 76.9 8 7 24. 5 50. 4 107.3 129. 3 172. 6 206.7 184.0 134.0 96. 8 76.0 81.1 105. 7 105.3 103.4 98. 1 94. 1 93.7 91.8 88.7 86.8 84.7 3 5 22. 3 49. 9 72. 6 80. 3 100. 1 141.3 144.0 140.1 130. 7 121. 3 121. 5 124. 2 128.4 127. 2 125.4 124. 7 122. 5 122.5 121.6 125.1 128.3 3 5 22 3 49 9 78. 0 84. 4 107.9 136.0 118.6 93.3 82.4 75.3 78.2 81. 7 84.7 82.8 82. 2 84.5 87. 8 84.7 84.1 82. 7 79.0 O h io . 0.1 .9 11.3 16. 5 21.8 39.9 47.3 80.0 88. 1 81.2 69.6 74.0 73.8 78.7 77. 7 78.6 76.8 75.6 71.6 71.8 67.5 66.3 M ic h . 2.3 18.9 46.7 113.8 125.2 181.8 208.8 176.1 134.1 92.5 81.4 79.9 84.0 85.3 82.3 76.1 75.2 74.8 73.4 71.0 68.2 64. 1 1 Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rent [433] 2.1 17.5 32.6 39.0 45.2 60.2 68.8 108. 1 101.4 91. 1 86.9 92. 1 96.9 107.5 105.6 103.8 98. 7 97. 7 95.5 95.5 89.6 84.1 222 MONTHLY LABOR R EV IEW T able 3 .—CH A N G ES IN COST OF LIV IN G IN 19 C ITIES, D E C E M B E R , 1914, TO D E C E M B E R , 1927—Continued H o u s to n , T e x . Per cent of increase over December, 1914, in expenditure for— Date Clothing Food December, 1915______________ December, 1916________ _________ December, 1917__________________ December, 1918_ June, 1919 - - - - - - - - - - December, 1919_____________ _ June, 1920-- _______________ . December, 1920-. ____________ M ay, 1921_______________________ December, 1921 _ _ - _____ . . June, 1922_ ____________________ December, 1922__________________ June, 1923-_ _ _____ December, 1923-_____ _ ___ _ _ —. June, 1924____________ _______ December, 1924__________________ June, 1925.- ___________________ December, 1925 ______________ June, 1926_______________________ December, 1926__________________ June, 1927_______________________ December, 1927__________________ 1 1.0 19.9 57.3 86.1 85.7 97.5 107.5 83.2 45.6 50.1 38.9 45.0 41.2 46.4 37.3 54.4 57.3 65.8 55.0 59.8 50.4 52.5 December, 1915__________________ December, 1916 _ . . - _______ _______ December, 1917_ _____ _ December, 1918____ ________ _ . . June, 1919_______________ ______ December, 1919________ ______ June, 1920-- ______- _ . ________ December, 1920_________ ______ M ay, 1921____________ - - - - - - . December, 1921_____ _ _ _ _ _ _ _ _ June, 1922_________ ________ December, 1922-. - . . . ________ June, 1923_________ ________ December, 1923______ -______ June, 1924 ___ . . . . ____ _ December, 1924__________________ June, 1925_________ _ ___ _______ December, 1925—..... ___ June, 1926 _____ _____ _______ December, 1926 - . _ . __________ June, 1927_______-- --- ________ -. December, 1927_______________ 10.3 17.6 50.8 76.2 74.2 80.9 90. 1 65.6 32.6 40. 6 30.6 34.8 32.0 39.9 30.2 40.0 41.8 58.3 53.4 53.5 45.0 41.3 Rent 2.7 25.0 51.5 117.3 134.8 192.0 211.3 187.0 143.4 104.9 98.4 98.2 100.4 102.6 100.8 95.6 95.6 92.5 91.2 88.9 86.8 86.2 i 2.3 17.3 17.7 11.7 1.9 13.4 25.3 35.1 39.4 39.8 38.5 37.3 36.7 36.4 34.9 34.7 34.3 33.0 32.9 32.6 32.2 31.8 J a c k s o n v ille , L o s December, 1915— _______________ December, 1916-- . ______________ December, 1917__________________ December, 1918___- _____________ June, 1919_______________ ______ December, 1919_________________ June, 1920___________ ______ December, 1920-.- - . _______ M ay, 1921_______________________ December, 1921___ ___ June, 1922__ _____ _ . ______ December, 1922 . ........................... June, 1923-__ _ ... December, 1923______ _— June, 1924.. . _ _ December, 1924 _ June, 1925_________ ---------December, 1925 ---------June, 1926 ........................... December, 1926-____. . . __ June, 1927__________ ___________ December, 1927_____________ . . __ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10.5 33.7 71.9 130.5 139.8 217.2 234.0 209.3 167.5 117.9 99.9 99.3 101.1 104.5 102.7 94.6 94.0 93.6 93.4 90.9 88.0 85.4 A n g e le s , 14.1 .4 33.4 61.8 60.7 71.0 90.8 62.7 33.2 38.4 30.6 39.4 36.2 42.1 35.2 38.8 44.1 48. 7 39.9 44. 7 40.4 40. 4 2.8 14.3 45.0 109.1 123.3 167.6 184.5 166.6 127.4 94.3 81.3 78.0 82.5 83.0 81.4 80.4 79.0 77.7 75.7 75.2 74.0 71.6 1Decrease House Miscel Fuel and furnishing laneous light goods 10.9 8.3 22.7 47.5 37.6 60.0 55.1 74.2 46.0 39.4 32.9 39.2 36.5 55.8 45.0 44.3 38.7 45.2 38.2 43.7 32.8 34.3 6.1 29.6 62.3 119.9 144. 5 181.8 213.9 208.2 173.7 148.2 133.7 140.4 150.2 148.2 143.7 143.0 142.5 143.2 138.6 137.9 136.7 134.1 10.3 16.4 44.9 67.6 72.3 88.2 90.4 103.9 100.8 99.0 94.0 93.0 91. 5 93.2 89.5 88.0 87.8 88.0 87.4 86.8 86.6 91.8 i 0.3 16.4 44.9 75.7 80. 2 101.7 112.2 104.0 79.7 73.6 65.9 68.4 67.2 70.6 65.0 70.5 71.1 74.3 69.2 70.6 66.3 67.9 (2) 2.3 15.1 55.2 49.2 64.1 72.6 92.6 80.7 68.9 58.9 65.7 63.6 75.1 72.1 72.9 69.3 87.1 95.3 91.2 87.8 84.0 15.1 43.4 73.7 126.5 140.0 186.2 224. 2 222.3 182.7 134.9 115.3 127.1 137.9 139.4 132.9 132.4 134.0 135.6 134.7 128.1 126.0 124.6 1.3 14.7 41. 6 60.5 65.9 80.9 102.8 105.6 107.5 99.3 95.5 94.7 95.3 96.6 95.0 99.1 99.3 105.3 105.5 105.7 104.5 104.5 1.3 14.7 41.6 71.5 77.5 101.5 116. 5 106.2 85.8 75.1 65.7 67.8 67.7 71.9 67.3 70.4 70.9 81.7 81.8 81.3 75.7 73.0 0.4 2.3 10.4 18.3 18.6 35.3 53.5 53.5 52.7 52.7 39.1 35.6 33.7 34.1 33.6 34.4 34.0 34.4 34.1 34.8 61.0 56.8 6.3 23.1 56.4 118.5 134.2 175. 5 202.2 202.2 156.6 143.2 128.8 138. 1 153.6 152.0 136.1 137. 7 133.9 133. 7 126. 7 123.8 120.4 118.6 i 1.9 7.7 28.9 52.0 59.1 76.9 86.6 100.6 96.8 99.6 103.8 101.2 100.8 104.2 105.4 104.2 108. 9 110.6 104. 7 105.7 108.2 108.0 1 1.9 7.7 28.9 58.0 65.1 85.3 101.7 96.7 78.7 76.4 72.5 74.5 75.1 78.8 75.1 75.4 76.9 77.4 71.2 72.2 71.5 70.6 F la . 16.9 1 18.2 i 18.7 5.9 9.7 22.0 28. 9 34.1 36.5 38.3 35.3 35.1 34.3 33.4 33. 3 33.5 33.5 55.3 66.6 69.9 57.2 51.2 C a lif. 12.7 12.5 1.6 4.4 8.7 26.8 42.6 71.4 85.3 90.1 95.6 94.8 97.7 100.9 99.4 93.3 83. 6 73.7 67.4 61. 7 59.9 57.7 2 N o change. [434] All items 223 CHANGES IN COST OF LIVING T able 3 .—CHA N G ES IN COST OF L IV IN G IN 19 CITIES, D E C E M B E R , 1914, TO D E C E M B E R , 1927—Continued M o b ile , A la . Per cent of increase over December, 1914, in expenditure for— Date Food December, 1915_____ ____________ December^ 1916...... .............................. December, 1917.......................... ......... December, 1918__________ ________ June, 1919. _ ..................................... December, 1919..________________ June, 1920. __________ December, 1920__________________ May, 1921. . . . _________ ________ December, 1921................. .................... June, 1922___ ___________________ December, 1922 ________________ . June, 1923 __________ ___________ December, 1923__________________ June, 1924 . _________________ December, 1924 June, 1925 ___________________ December, 1925 ___________ . . . . . June, 1926 _________ ________ December, 1926_____________ . ._ June, 1 9 2 7 1 .________ ___________ December, 1927.............................. . Clothing i 1. 0 19. 9 57. 3 80. 6 83. 6 98. 4 110. 5 73. 5 39. 1 42. 4 33. 2 39. 1 37. 7 44. 7 33. 4 49. 7 50. 3 59.0 53. 1 58.0 52. 0 51. 1 N e w December, 1915__________________ December^ 1916_________ _______ December, 1917______ ____ _______ December, 1918__________________ June, 1919__ _ __ _ __ _ December, 1919__________________ June, 1920_______________________ December, 1920__________________ M ay, 1921.______________________ December, 1921__________________ June, 1922__ ____________________ December, 1922 _________________ June, 1923__________ ____________ December, 1923__________________ June, 1924 ____________________ December, 1924__________________ June, 1925 December, 1925__________________ June, 1926____ ___________________ December, 1926__________________ June, 1927.. ___________________ December, 1927__________________ 1. 3 16. 3 55. 3 82. 6 75. 3 91. 0 105. 3 73. 5 42. 5 51. 8 40. 0 49. 5 44. t 52.0 41. 1 50. 0 48. 9 62. 6 56. 0 59. 1 54. 0 57.5 2.0 9.0 38.8 86.0 94. 0 123. 7 137.4 122. 2 90. 6 57. 7 49. 7 50.8 51. 8 55.4 54.3 53. 4 52. 0 49.4 49. 5 48.8 47.6 47.6 0.8 22.4 63. 9 86. 2 89.8 91. 5 107. 8 76. 3 45. 4 43.4 33. 5 38. 6 36.9 40. 7 33. 1 46. 0 47. 9 60.8 56. 0 58. 7 54. 7 55. 5 4. 8 22. 3 54. 2 131. 3 151. 6 219. 7 241. 4 201.8 159. 5 117.8 103.0 98. 3 100. 7 102. 7 100. 7 97.7 97. 5 95.9 94. 7 93. 7 92.9 91.4 0.8 6.0 31. 6 94. 6 104.8 158.4 176. 5 153.6 121. 6 90.2 77.6 73. 2 79.1 80.8 78.6 75.4 74.7 74.0 73.0 72.8 71. 1 70.9 1 Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis i 1.9 1 4. 3 1 3. 6 11. 2 11. 9 29. 6 34. 6 53. 6 53.3 49. 9 47. 7 43.8 42. 5 42. 6 41. 4 40. 9 40. 1 40. 4 39. 7 40. 5 40.4 41.9 Y o rk , N o r fo lk , December, 1915__________________ December, 1916_ December, 1917. _ December, 1918_________________ June, 1919 ____________ _____ December, 1919 _________________ June, 1920 _ _ __________________ December, 1920__________________ M ay, 1921- — ........ ............... ............ December, 1921__________________ ___________________ June, 1922 December, 1922 ________________ June, 1923 _ _________________ December, 1923 ________________ June, 1924 - __________________ December, 1924 _________________ June, 1925 - _________________ December, 1925 ________________ June, 1926 ________________ December, 1926 _ __________ _ _ June, 1927.. ________________ ___ December, 1927__________________ Rent N . House Fuel and furnishing light goods Miscel laneous (2) 8.8 27.1 57.1 66. 6 75. 6 86. 3 122. 3 102. 1 98. 2 84.4 96.4 93. 3 98. 1 91.4 90. 2 85. 6 89. 1 94. 6 97. 7 91. 8 93. 5 4.1 15. 3 42 8 108 3 113 9 153. 3 177 9 175. 4 140. 7 116. 9 97. 8 97.9 114. 0 114. 8 109. 3 107. 2 104. 3 103. 7 100. 8 96.4 97. 2 97.2 10.4 13 8 43 2 72 4 75.3 87 0 100 3 100 7 96. 9 94 3 87. 5 91. 0 89 8 91. 3 93. 7 94. 3 95. 5 102. 0 102. 2 102. 2 102 4 104.0 i 0.4 13.8 43.2 71.4 76.6 94.5 107.0 93.3 73.8 63.6 55.6 58.8 58.6 62.6 58.0 63.9 63.9 68 5 66.2 68.1 65.3 65.6 i 0. 1 11. 0 19. 9 45. 5 45. 4 50. 6 60. 1 87. 5 95. 9 90. 7 89. 0 95. 7 89. 1 94. 2 88.8 93. 3 91.0 126. 0 95. 9 96. 1 92.2 96.0 8.4 27. 6 56. 5 126. 5 136 6 172. 9 205. 1 185. 9 156. 5 132. 0 118. 3 121. 6 130. 3 131. 5 121.4 119. 4 110. 6 110.4 106. 6 106.0 102. 5 102.9 2 0 14. 9 44. 7 70.0 75. 1 95.8 111 9 116. 3 117. 6 116. 9 112. 8 111. 6 110. 8 113. 5 115 0 116. 7 116 9 118. 2 117. 3 117. 5 119. 0 118.8 2.0 14.9 44.7 77.3 79.2 103.8 119.2 101.4 81.7 79.3 70.7 74.2 72.6 77.3 72.5 76 5 75.8 83 2 78 6 80 0 77.8 79.1 (2) 17.0 33.3 74. 6 69. 7 89.9 110. 6 128.9 97. 3 91.6 87.7 106. 5 102.1 96.9 94.4 99.1 96.7 107.9 102.1 109. 6 96.8 98.2 0.6 8. 7 39. 0 105. 5 110. 7 143. 6 165. 0 160. 5 129.0 106. 1 88.4 89.1 101.0 103,8 100.1 102. 1 96.0 96.8 93.7 90.4 88.9 88.5 0. 6 14. 7 45.2 76. 8 83. 7 97. 5 108.4 106.3 106.3 109.3 100.8 99. 6 102.2 104.4 103.0 103.4 103.4 103.8 100.5 103.7 114.9 112.5 0.6 14.7 45.2 80 7 87 1 107. 0 122 2 109. 0 88.1 79.2 69. 5 69.9 71.1 72.4 68.4 72.1 71.9 76.4 73.1 74. 6 73. S 73.4 Y . 1 0.1 i. 1 2. 6 6. 5 13. 4 23. 4 32.4 38. 1 42. 2 53. 7 55. 7 56. 7 59. 4 62. 4 64. 5 67.1 67.8 69. 5 69. 5 70.2 70.2 70.2 V a . 0. 1 1 1. 7 i 1. 7 39. 0 46. 5 63. 3 70. 8 90. 8 94. 6 93.4 88. 1 77.2 73.0 67.0 64.2 59.4 58.4 53.0 52. 1 49. 2 45.9 43.6 2 No change. [435] All items 224 MONTHLY LABOR R EV IE W T a b l e 3 —CH A N G ES IN COST OF L IV IN G IN 19 C ITIES, D E C E M B E E , 1914, T O D E C E M B E E , 1927—Continued P h ila d e lp h ia , P a . Per cent of increase over December, 1914, in expenditure for— Date Food December, 1915.____ _____________ December, 1916__________________ December, 1917_________ ________ December, 1918__________________ June, 1919- _ ___________________ December, 1919__________________ June, 1920 . __ __ December, 1920________________ May, 1921 ___________ _______ December, 1921_____ __________ June, 1922__ _____ ______ ______ _ December, 1922 ______________ June, 1923__ ______________ ___ December, 1923______ _ ________ June, 1924_______________________ December, 1924__________________ June, 1925___ ______ _____________ December, 1925_______ . . . . June, 1926.. _________ . . . _____ December, 1926__________________ June, 1927. - _______ . . . - ___ December, 1927__________________ Clothing 0.3 18.9 54.4 80.7 75.5 87.2 101. 7 68. 1 37.8 43.9 38. 1 43.4 42.7 45. 1 39.3 46.4 51.3 62.0 56.6 61.2 53.8 55.9 3.6 16.0 51.3 111.2 135.9 190.3 219. 6 183.5 144. 7 104.6 89. 5 87.6 87.6 88.2 85.5 84.4 83.8 83.6 82.5 80.3 79. 2 77.4 P o r tla n d , December, 1915__________________ December, 1916-. - ____ - - - - - December, 1917__________________ December, 1918________ - - - - - - June, 1919-. ________ - -- December, 1919- _______ _______ June, 1920________ ____ . December, 1920 ______ -_ - M ay, 1921_______________________ December, 1921 -- _ _____ June, 1922, _ _________________ December, 1922--------------- ------June, 1923-, ________ ________ December, 1923______________ ____ June, 1924_______________________ December, 1924 _____________ ____ June, 1925. __________________ December, 1925_________ _______ ______ --June, 1926December, 1926 ______ - __ June, 1927__ ___ December, 1927__________________ i 2.0 18.6 49.8 86.8 80.6 91.9 114. 5 78.7 46. 7 54.8 39.9 49.1 45.3 52.3 44.1 52.4 52.2 64.5 58.7 63.3 59.4 60.0 2.1 9.7 32.8 85.8 103.8 148.5 165.9 147.8 116.3 88.1 76.7 74.8 77.3 76.7 75.4 75.0 75.0 74.0 71.7 70.3 67.6 66.8 P o r tla n d , December, 1915__________________ December, 1916_________ _______ December, 1917__________________ December, 1918__________________ June, 1919-. _______ __________ December, 1919______ __________ June, 1920- __ _________________ December, 1920_____________ --M ay, 1921_ - ____________________ December, 1921_____ - __ ____ June, 1922. _ ___________________ December, 1922 ____________ _____ June, 1923_______________________ December, 1923________ ______ June, 1924_________ _ ___________ December, 1924________ ________ June, 1925-, ______ _______ December, 1925 ___ _ . _________ June, 1926__ ____ - ______ ________ December, 1926 __ _ _ _ _ __ June, 1927-_ ____________________ December, 1927-_________________ 1 3.8 9.8 42.2 70.6 67.1 81.6 107.1 60.9 26.0 33.1 26.5 34.3 29.5 35. 1 28. 5 36. 1 40.6 43.2 38.6 40. 6 39.2 37.5 3.0 15. .8 44.4 96.6 115.5 142.1 158.6 122.1 91.2 65.3 53.2 54.9 61.3 61.8 61. 1 59. 2 57.6 57.0 56. 5 54. 0 53.2 51. 1 i Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [436] Eent i 0.3 1.7 2.6 8.0 11.3 16. 7 28.6 38.0 44.2 48. 1 49.6 52.9 58. 1 66.9 72.4 75.3 76.0 77. 1 77. 1 77.3 75.3 72. 1 HouseFuel and furnishing light goods Miscel laneous All items i 0.8 5.4 21.5 47.9 43.3 51.3 66.8 96.0 85.6 92.0 85.7 93.0 89.9 102.2 91. 7 94.8 87.0 100.5 98.3 98. 5 89.4 90.5 6.9 19.9 49.8 107.7 117.8 162.8 187.4 183.4 135.5 101.6 90.0 96.9 110.8 111.6 102.3 100.5 98.9 97.9 93. 7 92.3 88.6 87.7 1.2 14.7 43.8 67.5 71.2 88.6 102.8 122.3 119.2 116.2 112.3 110.7 112.4 112.0 110.7 117. 6 117.6 117.6 120. 6 121. 5 120.8 121.2 1.2 14.7 43.8 73.9 76.2 96.5 113.5 100.7 79.8 74.3 68.2 70.7 72.1 74.7 71.5 76. 1 77.6 82.6 80. 6 82.3 78. 0 78.3 0.4 11.4 28.9 67.7 58.4 69.8 83.9 113.5 96.8 99.5 96.1 94.7 94.9 100.0 96.2 99.6 95.8 100.3 100.5 102.9 98.6 102.2 6.2 20.9 43.5 110.8 126.4 163.7 190.3 191.2 152. 2 123.6 108.1 114.2 129.7 130.2 126. 7 126.0 126.0 126.9 121.7 120.8 118.8 118.4 i 0.4 13.8 38.0 65.6 72.1 83.2 89.4 94.3 94.1 91.2 88.2 88.0 88.0 89.3 87.9 87.2 • 87.8 87.6 88.4 88.6 88.6 89.0 i 0.4 J3.8 38.0 72.2 74.3 91.6 107.6 93.1 72.1 69.6 59.7 64.1 63.3 66.9 62.4 66.0 65.3 70.3 67.3 69.2 66.8 67.0 i 1.0 3.4 20.2 30.9 31.3 42.3 46.9 65.9 67.1 59.4 50.3 65.7 61.3 67. 1 55.5 62.4 52.2 60. 0 50.9 61. 9 56.9 65. 7 2.9 18.0 54.5 109.0 122.1 145. 1 183.9 179. 9 148.0 121.9 101.9 102.9 109.8 109.0 102.2 102.2 98.6 100.6 95. 2 90. 7 87.8 86. 1 1 3.1 6.1 31.2 57.9 62.3 71.6 79.7 81. 1 81.1 80.0 78.5 79.4 75.8 79.6 73.0 74.4 73.0 73. 0 74.2 76. 6 76.4 77.1 13.1 6.1 31.2 64.2 69.2 83.7 100.4 80.3 62.2 58.3 52.1 56.1 54.6 57.8 52.8 55.8 55.8 56.9 54.6 55.1 53.7 52.8 M e . 0.2 .6 2.4 2.5 5.7 10.7 14.5 20.0 23. 1 26. 6 24.8 30.7 27.3 31.7 27.4 28.8 25.5 24.4 23.7 23.8 23.6 23.0 O reg. 1 10.9 i 19.6 i 22. 2 12.3 20.1 27.7 33.2 36.9 42.9 43.3 43.3 43.6 42.5 42. 7 43.3 42.9 40.9 40. 1 37.9 33. 5 30.3 26.9 225 CHANGES IN COST OF LIVING T a b l e 3 .—CH A N G ES IN COST OF LIVING IN 19 CITIES, D E C E M B E R , 1914, TO D E C E M B E R , 1927—Continued S a n F r a n c is c o a n d O a k la n d , C a lif. Per cent of increase over December, 1914, in expenditure for— Date Food December, 1915................... .............. December, 1916_______________. . . December, 1917__________________ December, 1918. June, 1919___ . _ _ _____ December, 1919___. . . June, 1920___ . . _________ December, 1920_____ __________ May, 1921_______________________ December, 1921. _ ______ June, 1922__ _________________ December, 1922. June, 1923__ ... . . . ______ December, 1923. . _________ ____ June.. 1924_______________________ December, 1924. _ ...... June, 1925......................... . _____ December, 1925 . . . ___________ June. 1926___ ____ _______ ____ December, 1926 __________ __ . . June, 1927_______________________ December, 1927_________ ______ Clothing 14.3 9.6 35. 9 66.2 63 3 74.2 93 9 64.9 33.3 40 4 31.1 38. 8 34. 2 42.3 35 0 42 1 47 6 53. 3 44.3 48 3 45. 4 46 1 2.5 14. 5 43. 6 109.0 134.6 170.4 191.0 175.9 140.9 106.3 90. 7 85.4 92. 1 94.4 91.5 90. 5 90. 5 89. 7 88.4 85. 6 83. 7 82.4 S a v a n n a h , December, 1915_______________ _ _ December, 1916_____ . . . . . ___ December, 1917________________ . December, 1918 . . . . . . June, 1919__ ____ _ ... December, 1919 June, 1920___ . . . _ . . . . December, 1920 ____ ______ May., 1921______________________ December, 1921.. _____ _ _____ June, 1922___ . . . ______ ___ December, 1922 __________ _ ___ June, 1923.. ... . .. December, 1923 .... . .. . . . . . . . . June, 1924__ December, 1924 ________ _ June. 1925 ___________ . . . December, 1925. . . . ______ _ . June, 1926.. ._ _ ______ _ ._ December, 1926 ___ ______ _. June. 1927___ ________________ December, 1927 ______________ _ 10. 3 17. 6 50. 8 76. 2 74. 2 80. 9 91. 7 63. 5 28. 7 33. 7 22. 7 27 6 22. 6 25. 0 17 5 25.1 31. 5 44 9 39. 1 39. 7 35. 4 35. 3 0.8 24. 1 56.6 133.6 146.3 195.9 212. 1 171. 5 133.2 84.2 71. 7 76.2 81.3 80.9 79. 1 75.8 75. 1 73. 7 73. 7 72.0 69.8 68.6 S e a ttle , December, 1915__________________ December, 1916_____ _ _ _______ December, 1917__________________ December, 1918_____ _ __ _ June, 1919. _______ _ ______ December, 1919___ ______ _ June, 1920. _ ____ December, 1920____ __ _ __ __ May, 1921 __ _ ___ __ ___ December, 1921. _ _ June, 1922 __ ______ _ ______ December, 1922 ______ ______ June, 1923__ ______ ____ December, 1923___ ___ _ ______ June, 1924 ___ _ __ _ _____ December, 1924 _ _ _ June, 1925 _ _ _______________ December, 1925 _____ __ June, 1926 _ _____ December, 1926__________________ June, 1927___ ________ _ _ _ December, 1927_____________ 12.8 8. 5 38. 7 72. 5 69. 3 80. 9 102. 3 54:. 1 27. 1 30. 5 30. 0 33. 9 31. 0 35. 8 33. 1 35. 8 43. 7 47. 3 42. 3 . 41. 6 43. 0 37. 9 i 0. 7 i 2. 5 14.0 i 3.9 13.5 4.7 9.4 15.0 21. 7 25.8 29.4 30.0 33.4 36.0 38.0 39.4 40. 1 40.0 39.6 39. 5 38. 7 37.3 House Fuel and furnishing Miscel light laneous goods 1 0.1 4.6 14.4 30.1 28.9 41.3 47.2 66.3 63.3 65.3 59.5 52. 5 42. 6 48.8 49.9 53. 5 54.3 50.8 48. 5 51.0 47. 1 48. 6 6.0 21.7 48.2 103.4 116.6 143.8 180. 1 175.6 143.9 113.9 104.4 105.4 116.7 116.9 113.4 114.7 115. 1 115. 7 105. 6 104. 6 103.8 103.4 1 1.3 1.7 21.1 37.5 35. 5 52. 2 65. 3 94.4 74.2 66.1 55.2 68. 3 61.9 64. 1 59.7 62.2 59. 1 62.9 61.9 68.4 58.3 59.9 1.8 12.8 50. 7 128.6 136.5 182. 1 207.2 206. 6 175.9 133. 7 120. 1 123. 8 135.9 133.4 130. 6 128. 7 128.2 128.9 126.6 123.9 121.7 121.9 1 1 0.2 8. 5 27.4 52.3 141.5 154.4 201.0 221.2 216.4 177.2 149.9 137.3 136.1 143.9 144. 2 140.7 141. 1 141. 6 142. 1 139.4 137.5 136.8 134. 7 All items 1.7 8.3 28.6 50.5 61.0 74.7 79.6 84.8 84.4 86.8 83. 7 84.2 79.4 81.2 73.2 72. 7 72.9 74.6 75. 3 75.3 77.8 79. 2 i 1.7 8.3 28.6 57.8 65.6 87.8 96.0 85.1 66.7 63.6 56.8 58.8 57.6 62.1 57.3 60. 1 62.2 64.7 60.7 61.7 60.5 60.7 0.2 14. 6 42.5 67.3 71.2 82.0 83.8 91. 5 93.0 87.4 81. 1 79.5 77.4 76.7 77. 5 77. 5 77. 5 79. 1 79. 5 79.0 80. 6 80.8 0.2 14.6 42.5 75.0 79.8 98. 7 109.4 98.7 77.6 66.2 56.8 59.2 57.9 58.2 54.8 56.3 57.9 62.9 60.6 60.5 58.3 58.1 1.0 7.4 31.1 58.5 71.4 86.8 90.4 95.5 105. 5 102. 6 97.6 96.4 96.6 96.6 94.6 96.4 96. 4 97.0 97.0 97.6 98.4 98.2 1.0 7.4 31. 1 69.9 76.9 97.7 110.5 94. 1 80.2 71. 5 67.0 66.7 66.4 68.5 66.7 67.8 70.5 71.7 69.4 69. 1 69.4 66.9 G a. 1 1.4 13.0 14.3 5.9 10.2 22.0 33. 5 58.6 61.9 60.9 57.8 52.7 49.5 47.5 45.3 41.0 39. 7 38. 6 38.0 38. 1 37. 7 37.1 1 1 1 W a sh . 1.2 11.3 36.4 88.0 110.2 154. 5 173.9 160. 5 128.7 88.7 78.0 74. 2 76.7 77. 6 76. 2 74.4 74. 6 74.8 74.8 73. 1 71.9 69.5 1Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rent [437] 1 1 2.4 5.4 1 . 6 44.3 51.5 71.5 74.8 76. 7 74.8 69. 2 64.7 63. 1 62.3 62.9 64. 0 63. 7 64. 7 63.7 62.6 60. 3 59.0 56.9 2.9 23.9 51.8 51.8 63.8 65.8 78.7 78.7 69.0 64.0 59. 6 58.0 59. 1 56.8 59. 6 57.8 58. 1 49.4 61.2 59. 3 59.8 1 1 226 T able MONTHLY LABOR R EV IEW 3 . — CHANGES IN COST OP LIVING IN 19 CITIES, D E C E M B E R , D E C E M B E R , 1927 —Continued W a s h in g to n , D . 1914, T O C . Per cent of increase over December, 1914, in expenditure for— Date Food December, 1915__________________ December, 1916________________ . . December, 1917________________ December, 1918________ ________ April, 1919______________________ November, 1919___ _____ _____ June, 1920___ . . . . . . . . . _____ _ December, 1920________ ______ May, 1921_______________________ December, 1921__________________ June, 1922_______________________ December, 1922 _______ ________ June, 1923 . ________ . . December, 1923---------- _ . --------June, 1924 __ _____ December, 1924. ............... June, 1925 .. -------December, 1925_____„ __________ June, 1926 - ----December, 1926 _________ ________ _ ... June, 1927 December, 1927.......................... . . Clothing 0.6 15.7 61.1 90.9 84.6 93.3 108.4 79. 0 47. 4 51. 1 44.3 49.2 48.8 52.3 43. 7 53.6 57.2 65.6 63.3 66.3 55.0 57.9 3.7 23.2 60.1 112. 6 109.5 165.9 184.0 151. 1 115.9 87.1 77.5 74.8 78.9 81.2 78.9 75.8 75.4 73. 5 73.3 70.9 69.2 67.0 Rent i 1.5 ‘ 3. 7 13.4 i 1.5 1 1.4 5.4 15.6 24.7 28.8 30.4 31.4 32.6 33.9 34.3 35.7 36.7 37.7 40.3 38.6 37.4 36.4 33.8 1 Decrease. House Fuel and furnishing light goods Miscel laneous 6.3 30.5 72.1 127.4 126.0 159.3 196.4 194.0 149.0 122. 4 108.1 112.6 129. 0 128.8 124.5 125.2 119.8 115.0 112.6 107.5 104.4 103.2 0.4 15. 3 44.3 55.9 57.4 62.7 68.2 73.9 72.0 75.8 73.7 72.0 72.5 74.9 75.0 76.5 76.5 75.4 75.0 75.0 73.6 73.8 (2) 7.3 24.9 40.9 41.8 42.8 53.7 68.0 57. 1 49.9 44.5 55.1 51.2 47.0 42.9 44.9 39.8 48.7 41.7 45. 7 39.3 40.3 All items 1.0 14.6 47.3 73.8 71.2 87.6 101.3 87.8 67.1 63.0 57.6 59.5 60.9 63.2 59.2 63.1 64.0 67.3 65.5 66.0 60.5 60.8 2 N o change. Table 4 shows the changes in the cost of living from December, 1917, to December, 1927, for 13 cities. The table is constructed in the same manner as the preceding one and differs from it only in the base period and in the length of time covered. T a b l e 4 .—CHANGES IN COST OF LIVING IN 13 CITIES, D E C E M B E R , 1917, TO D E C E M B E R , 1927 A tla n ta , G a. Per cent of increase over December, 1917, in expenditure for— Date Food December, 1918__ ______ ______ June, 1919 _________ _____ December, 1919 . . . _____ June, 1920 ___ _ December, 1920 May, 1921_______________________ December, 1921 June, 1922.. _______ .- ____ December, 1922__ _ __ _____ June, 1923 _ December, 1923------------------June, 1924_ December, 1924.. ------ ------- — June, 1925.---------------------December, 1925-.- ---------- -----June, 1926- _- . . - ---------December, 1926- __ ________ June, 1927___ _____ - --- - -------December, 1927_______________ -- 19.0 18.0 27. 9 34.0 12.8 i 8.9 2 7.2 1 10.5 1 8. 9 i 10.3 1 6.3 i 10.2 2 5.5 2 1.2 6.5 4.5 4.3 4.1 1.3 Clothing 29.1 40.7 66.9 80.5 56.5 35.2 8.3 .4 2.8 5.9 6.9 5.7 4.9 4.5 4.3 3.9 2.9 2. 1 .2 1Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [438] Rent 14.0 14.5 32.6 40.4 73.1 78.8 75.4 68.1 62.7 61. 4 62. 2 60. 1 56.9 55.5 49.3 44.4 42. 1 41.5 39.5 House Fuel and furnishing light goods 17.0 17.9 30.8 61.0 66.8 56.1 43.7 39. 1 57.6 42.7 39.3 32.0 33.1 26.2 34.7 36.6 46.0 31.7 38.0 24.9 30.1 49.9 65.0 58.4 38.0 23.0 15. 2 17.4 23.9 23.5 20.4 20.4 19.9 18.8 17.4 15. 5 14.6 15.9 Miscel laneous 14.8 21.5 31.7 34.6 39.7 40. 5 39.7 34. 5 34. 1 32. 8 33.3 33.8 33.7 34.9 35. 6 34.0 33.9 33.9 31.5 All items 19.7 23.3 37.9 46.7 38.5 25.2 18.7 13.7 15. 1 14.2 16.0 13.6 14.9 16.2 19.0 17.3 17.4 16.2 14.3 227 CHANGES IN COST OF LIVING T a b l e 4 .—C H A N G ES IN COST OF L IV IN G IN 13 CITIES, D E C E M B E R , 1917, TO D E C E M B E R , 1927—Continued B ir m in g h a m , A la . Per cent of increase over December, 1917, in expenditure for— Date Clothing Food December, 1918 _______ June, 1919.. __________ . __ December, 1919________ June, 1920.. ________________ December, 1920______ . . May, 1921'.______________________ December, 1921____ June, 1922.. ____________ December, 1922______________ . June, 1923___________ . ______ December, 1923 . . June, 1924____________ ________ December, 1924 .. . . . June, 1925__________ . _________ December, 1925 ________________ June, 1926.. __ . _______ December, 1926 ________ . . . . June, 1927 . _____________ __ December, 1927___________ 17.7 18.3 26.5 36.4 11.9 i 9.1 i 8.5 i 13.1 i 9.9 i 9.9 i 6.6 i 12.6 13.1 1.9 4.5 1.5 1.8 i 3.1 i 1.3 8.1 12.8 34.9 40.3 68.5 77.4 70.9 67.0 62.3 63.1 67.9 68.6 68.6 68.3 68.0 66.5 65.8 64.5 61.7 23.9 29.8 57.6 66.4 45.1 24.8 i .4 16.1 1 1.7 1.8 3.8 3.2 1.6 1.5 1.3 1.9 1 1.9 13.1 14.1 C in c in n a ti, December, 1918 ______ June, 1919 __ _ ________ _ December, 1919 ______ ___ June, 1920___ ______ ___ December, 1920 . . . - ______ May, 1921'. _____________________ December, 1921. _______________ June, 1922.. ________ December, 1922. ________ June, 1923 . . ___ ______ December, 1923 ____ ____ ______ ______ June, 1924 .... _____ December, 1924 ____ . . June, 1925. ___ . ________ December, 1925__ ____ ________ June, 1926.. . _________________ December, 1926 ________ . . June, 1927. __ _____ ___ ______ December, 1927__________________ 15.3 18.1 22.9 38.7 10.3 i 7.4 i 8.3 i 8.9 i 10.4 i 9.3 i 6.7 i 10.2 i 8.3 1.9 3.9 2.7 3.1 3.9 i 1.0 December, 1918_____________ June, 1919.. ___ . . __ _____ December, 1919 . __ June, 1920.. __ _________ December, 1920 _. _______ . . May, 1921. __________ _______ December, 1921___________ _____ June, 1922.. . ______ December, 1922 _____ ______ June, 1923 __ . . . _____ December, 1923 __ June, 1924 . . . . . . December, 1924 ____ _ __ ___ June, 1925 _ ________ ___ December, 1925__________ June, 1926 __ ____________ ___ December, 1926 ____ ___________ June, 1927 __ _______ __ December, 1927 ________________ 20.0 20.7 26.0 41.5 7.9 i 13. 1 i 8.8 i 14.2 i 9.0 111.5 i 8.7 i 13.5 i 7.8 i 5.3 i 1.3 i 3.8 i 3.0 1 2.8 ‘ 6.9 Miscel laneous 22.8 31.9 39.8 55.3 74.2 54.3 44.1 25.0 49.9 40.7 50.2 40.5 45.7 33.8 41.4 41.0 51.3 39.6 45.9 19.4 20.2 45.1 55.6 48.1 32.0 12.0 3.3 8.9 17.8 19.7 14.3 14.9 15.5 15.5 13.5 12.4 11.2 14.1 13.8 16.3 26.8 28.7 30.4 33.8 35.5 30.4 29.6 28.5 27.2 27.2 27.3 27.2 27.8 26.9 26.9 26.4 28.5 17.0 19.8 34.3 41.9 33.3 22.1 16.2 10.7 13.2 13.6 16.0 13.1 16.8 16.9 19. 2 17.5 17.8 14.8 15.7 10.0 5.6 11.0 26.9 34.1 15.7 42.4 35.2 61.0 51.9 53.0 39.3 44.5 61. 1 70.4 62.2 83.6 66.7 66.9 25.7 30.5 51. 1 75.5 66.7 39.7 22.3 15.8 17.2 24.3 26.2 23.2 23.2 23.4 21.3 17.7 16.9 16.1 16.6 20.4 21.8 40.3 47.6 53.4 52.3 47.3 44.0 42.7 42.8 43.3 46.9 52.3 55.0 9.9 50.5 50.5 50.0 50.0 17.3 21.1 35.2 47.1 34.7 21.7 15.3 12.7 13.8 15.5 17.7 16.3 17.6 22.1 23.0 22.6 23.8 23.3 21.3 8.1 8.4 19.6 22.3 47. 1 37.5 39.7 32.8 40.7 30.4 37.2 19.7 25.4 27.0 37.4 25.3 38.1 20.8 32.9 22.6 31.3 46.3 60.2 58.9 42.5 27.9 20.4 21.2 26.1 27.0 23.8 24.2 24.8 25.2 24.2 23.5 22.9 21.2 14.8 17.7 32.3 35.4 38.8 42.8 43.1 38.1 37.6 37.1 36.8 35.1 35.6 35.6 35.6 35.1 36.6 36.1 34.2 20.7 25.3 38.2 50.3 38.7 26.9 24.5 18.8 21.6 19.9 22.1 17.8 20.2 21.1 22.5 19.7 20.4 18.4 16.6 All items C o lo . 40.1 53.2 82.1 96.8 78.3 53.9 27.7 15.3 16.6 16.9 17.9 16.1 15.1 14.5 13.1 12.4 11.8 10.1 8.9 i Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis House Fuel and furnishing light goods O h io 0.2 .8 12.8 13.6 25.0 27.6 28.5 31.0 35.2 40.7 45.6 49.3 50.1 51.2 51.8 54.8 55.9 56.8 57.9 33.8 48.3 84.2 96.7 73.5 49.0 13.9 4.9 5.5 8.8 9.2 6.4 1.5 1.2 i 1.1 i 1.2 i 1.7 i 2.3 1 3.9 D e n v e r, Rent [439] 12.8 21.8 33. 5 51.9 69.8 76.9 82.6 84.8 86.9 85.4 88.9 84.4 84.0 82.5 78.5 71.9 65.5 61.2 58.3 228 MONTHLY LABOR R EV IEW T a b l e 4 .—C H A N G E S IN COST OF LIV IN G IN 13 C IT IES, D E C E M B E R , 1917, TO D E C E M B E R , 1927—Continued In d ia n a p o lis , In d . Per cent of increase over December, 1914, in expenditure for— Date Food December, 1918_____________ . June, 1919._ . . . _____ December, 1919. ___ ___ June, 1920___ . . .... December, 1920 . May, 1921.. __ . ____ December, 1921 . _ . . . June, 1922.. .. _____ December, 1922. . ____ June, 1923.. _____ December, 1923 .............. ...... June, 1924_______ _ . _____ December, 1924. . . . . . . ___ June, 1925__ . ___ December, 1925_____ ____ _____ June, 1926__ _____ December, 1926... _____ ___ June, 1927_______________ December, 1927________ ____ Clothing 17.8 16.4 28. 2 49.0 11.0 1 10. 1 18.4 19.9 1 11. 1 18.0 1 6.5 1 10.0 14.9 12.3 4.4 2.6 2.9 3.5 1 1.5 32.4 40.1 73.8 87.9 72.3 45.8 16.2 7.9 8.6 11.6 13.4 11.9 10.4 9.8 7.5 7.4 5.4 5.9 4.3 K a n s a s December, 1918. _ . _____ June, 1919. _ . . . . December, 1919. . . June, 1920__ _ . .. December, 1920 . . . . May, 1921_____ ___ . . December, 1921 June, 1922___ . . . _____ December, 1922. _____ June, 1923.. __ . . . _ ____ December, 1923. . . . . . . _____ June, 1924__ ______ _ December, 1924____ _ _____ June, 1925___________________ December, 1925. __ _______ June, 1926 . . . ... December, 1926. _____ June, 1927_______________ December, 1927___________ 17.3 15.1 24. 5 44. 9 10.2 1 8.3 16.6 1 13.5 1 12.0 1 1 1 12. 5 10. 2 12.7 1 7.7 1 3.9 2.0 .5 1 1.7 1 2.2 1 6.8 M e m p h is , December, 1918_____ _____ June, 1919.._ _____ _______ December, 1919_____ _____ _ June, 1920.. __ . . . . . . . . December, 1920. _. . . . . . May, 1921.. . . . ______ December, 1921 . . . . June, 1922. . _______ _ December, 1922. . . . . . . . June, 1923. ______ December, 1923 _______ _ ___ _ June, 1924 ____ _ _ __ _ . . December, 1924. __ _ _ _ _ _ June, 1925________ December, 1925_____ ______ June, 1926. _ December, 1926. June, 1927__ _ December, 1927_______ ___ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20. 3 22. 7 28. 4 38. 8 7. 0 > 14 2 1 11. 2 1 15 1 1 14. 9 1 13. 9 1 11. 2 1 17 1 1 9. 2 1 7.1 1 2. 0 14 1 1 5. 7 1 7.2 18 .0 1.6 2.6 11.6 18.9 32.9 37.4 43.8 41.3 44. 1 44.6 47.1 46.5 46.7 44.1 41.7 38.3 36.5 34. 6 33.4 C ity , 40.7 44.8 89.9 104.5 76.3 52.3 24.1 15.9 14.6 14.5 15.2 13.3 12.0 11.4 9.2 8.7 6.3 5.4 3.7 27.7 38.3 66.2 77.5 59.0 36.1 15.3 7.3 6.7 9.8 11.0 9.5 6.4 5.9 4.7 4.0 3.9 1.9 1.6 1Decrease. House Fuel and furnishing Miscel light laneous goods Rent 19.8 16. 7 27. 3 45.6 60.3 49.4 42.5 44.9 73.4 54.9 41.5 38.2 41.5 33.9 44.9 33.9 47.8 34.6 34.2 18.9 24. 8 48.4 67. 5 63.0 35.3 22. 5 13.7 16. 7 23.2 24.0 21.4 21.5 20.6 21.8 20.6 19.9 18.0 17.5 21.9 26.8 38. 2 40. 5 47.5 47.4 46.2 45.4 46.7 46. 1 49.2 51. 5 53.3 53.8 54. 1 51.6 51.8 52.3 52.6 18.0 9.6 27.5 35.2 55.1 43.3 42.6 36.3 40.2 36.1 36.7 34.5 32.9 32.8 32.3 29.4 33.5 29.8 29.0 31.1 37. 9 61.8 73. 0 68.7 50.0 26. 2 11. 6 12.1 22.5 22.6 16.8 16.1 15. 6 14.1 12.8 10.8 8.6 7.7 15. 6 20.8 31. 5 37. 1 40.3 40. 4 37.6 32.3 33.3 33.8 36. 2 35.3 34. 3 36.4 36.3 36.3 36.3 ' 36.6 36.5 26.8 23.4 34. 1 49.7 105.4 64. 5 67.1 56. 3 68.5 62.8 65.0 66.2 66. 2 55.7 71.4 63.3 80. 1 79.4 76.0 25.4 30.7 53.2 67.1 53.9 29.9 14.7 6.8 12.2 23.2 23.4 18.6 20.1 20. 1 20. 1 18. 2 17. 1 16.0 16.0 16.1 20.9 28.3 38.8 43.2 42.9 42.3 37.8 37.4 38.1 37.3 36. 3 37. 4 38.5 37.8 36. 7 37. 7 36.6 36.6 19.1 21.1 36. 5 50. 2 37.6 23. 9 19.3 16.4 18.8 19.4 20.6 19.3 21.4 21. 5 24.2 21.9 22.3 21.4 19.2 M o . 5.4 6.7 26.0 29.4 63.9 65.0 69.7 59.4 61.4 53.7 56.8 49.5 46.2 40.6 39.5 35.9 34.1 29.1 28.3 19.6 20.6 38.2 51.0 39.5 27.3 22.5 15.0 16.2 15.3 17.2 14.3 15.3 16.3 18.0 16.6 15.2 14.0 11.9 T e n n . (2) 8.2 23. 1 35.9 66. 2 79.7 77.3 74.8 72.5 72.3 72.5 72.4 68.6 66.4 60.4 57.0 53. 9 50.2 47.3 2 No change. [440] All items 18.3 23.3 35.2 46.4 39.3 26.7 23.2 18.2 18.6 19.9 21.0 18.2 20.4 20.5 22. 0 19.9 19. 9 18.1 17.3 229 CHANGES IN COST OF LIVING T able 4 .—C H ANGES IN COST OF L IV IN G IN 13 CITIES, D E C E M B E R , 1917, TO D E C E M B E R , 1927—Continued M in n e a p o lis , M in n . Per cent of increase over December, 1917, in expenditure for— Date Food December, 1918______ _____ June, 1919 _ _ _ December, 1919 June, 1920__ __ _ __ December, 1920 _ M ay, 1921' _ __________________ December, 1921 June, 1922 __ ______ ____ _____ December, 1922 _ _______ June, 1923 _ _ _ __ ____ December, 1923 _ _______ _ ____ June, 19241 ___________________ December, 1924 ___________ ____ June, 1925' ____________ December, 1925_________ _________ June, 1926 _ __ _______ - ____ December, 1926 ____ _ _________ June, 1927 _ _____ _____ _ ____ December, 1927 _______ _ _____ 17. 7 21.4 34.1 50. 0 13.0 1 7.9 14. 9 16.0 i 5. 3 1 6.4 14.7 1 7.9 1 4.3 1.8 6.9 5.8 2.3 4.1 « Clothing 33.5 40.1 67.0 76.7 63.6 41.0 14.3 7.9 6.5 9.2 9.3 7.4 5.6 4.9 4.4 3.4 2.5 1.1 11.4 Rent 10.1 12.0 8.0 10.7 36.8 39.0 46.7 44.6 46.8 42.5 47.4 44.7 44.9 40. 7 41. 0 36.8 36.1 30.2 29.9 HouseFuel and furnishing light goods Miscel laneous All • items 14.7 13.4 22.4 36.9 60.3 52.8 50.2 43.7 47.0 44.9 45.6 42.2 43.2 40.9 42.6 45.9 46.6 44.3 45.6 18.1 23.6 45.6 65.5 65.8 43.3 27.9 21.4 22.5 29.7 28.2 . 22.8 23.3 23.2 22.1 19.9 17.0 15.1 14.9 12.3 15.9 25.4 31.3 37.6 37.9 37.4 32.6 32.6 32.8 32.0 31.3 31.2 31.1 30.6 32.8 33. 5 32.6 33.0 15.8 18.8 32.7 43.4 35.7 23.7 20.7 17.3 18.0 17.4 18.8 16.2 17.3 17.6 20.3 19.6 18.2 17.2 15.4 19.7 20. 8 24.7 36.3 41.5 29.2 40.4 33.4 38.5 32.9 37.1 32.9 36.2 33.7 34.2 39.6 43.8 38.5 38.5 23.8 30.0 57.7 75.9 63.9 47.7 28.5 17.9 26.2 34.8 33.6 29.2 30.0 27.0 27.5 26.6 25.0 21.8 21.8 15.9 17.5 35.1 42.8 57.1 58.2 60.2 58.6 51.9 50.1 50.3 48.7 48.7 48.3 47.9 46.7 47.4 48.6 48.5 17.9 HO. 7 33.9 41.9 36.7 23.8 22.7 18.9 18.6 17.7 20.2 16.8 20.6 20.2 22.7 20.1 21.7 20.3 19.9 9.2 9.4 9.8 31.7 64.4 59.8 66.2 66.0 72.8 68.4 76.9 74.8 92.2 91. 2 89.9 88.0 91.9 88.8 88.0 26.3 34.1 63.1 77.4 78.1 58.2 31.6 20.1 25.1 29.4 29.0 29.0 29.8 27.7 28.0 25.3 24.3 22.6 21.9 16.3 16.7 28.3 41.2 46.3 48.6 48.0 43.4 42.8 44.1 43.1 45.3 46.6 46.7 46.8 46.1 46.4 46.3 46.2 19.8 21.8 36.2 49.1 39.3 27.7 22.8 17.8 20.1 21.3 22.9 22.4 24.9 26.0 28.5 26.2 27.2 25.4 24.8 N e w O r le a n s, L a . December, 1918 _____ _ ____ June, 1919 _ _______ _ __ December, 1919 ________ ___ _____ June, 1920___ __ ______ December, 1920 _ ______ _ _ May, 1921 _ ____ December, 1921 __ ________ ______ June, 1922' _ ___________________ December, 1922 June, 1923 ______ __ ____December, 1923 __ _ __ ___ June, 1924 _ _______ _______ _ _ December, 1924_ _ _ _ _ June, 1925__ _ ______ _ ______ December, 1925 ___ __ _____ _ _ June, 1926 _ __ December, 1926 ______ ___ June, 1927' _ __________________ December, 1927 ______ _ _ _ _ 16.6 17. 4 21.1 28.6 10.7 i 10.7 i 9.3 i 12. 8 i 10. 5 i 13. 2 18.7 i 14. 6 i 5.7 i 5.7 .9 1 5.2 i 1.6 i 3.9 i 4.9 36.8 48.8 83.2 94.9 69.4 45.0 24.9 15.6 16.2 17.8 19.5 18.6 17.2 17.0 15.9 15.7 15.6 13.4 13.4 (2) 0. 1 10.8 12.9 39.7 46.7 57.9 58. 5 54.7 55.5 57.4 57.1 57.2 57.0 56.8 57.0 56.2 56.0 56.2 P itts b u r g h , P a . December, 1918 ______ _ _ _ June, 1919__ December, 1919__ June, 1920__ _____ ____ _ __ December, 1920 __ M ay, 1921 _ _ December, 1921 June, 1922 ___ _ __ December, 1922 _ June, 1923___ ______ __ December, 1923 _ ____ June, 1924 _ _ __ ___ December, 1924 ______ _ ____ June, 1925 ____________ ______ December, 1925 ___ _____ June, 1928 __ ____ December, 1926 ___ ____ _____ Jure, 1927 _ _ _ December, 1927 __ 18.8 16.2 25.1 36.5 14. 3 i 8.8 i 5. 6 i 12.2 i 5.4 i 5.4 i 2.1 i 7. 5 i 2.4 1.2 6.2 2.6 5.6 2.2 1. 4 35.9 45.3 82.8 91.3 75.4 50.7 23.6 17.3 13.1 14. 8 14.9 13.7 11.2 11.1 10. 5 7.8 5.5 5. 2 3.8 2 No change. 1 Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.6 13.5 15.5 34.9 35.0 55.5 55.3 56.7 56.7 60.4 60.7 71.8 72.1 75.2 75. 2' 75.4 75.0 74. 7 74. 4 [4 4 1 ] 230 M O N T H L Y L A B O R R E V IE W T able 4 .—C H A N G ES IN COST OF LIVING IN 13 CITIES, D E C E M B E E , 1917, TO D E C E M B E R , 1927—Continued R ic h m o n d , V a . Per cent of increase over December, 1917, in expenditure for— Date Food December, 1918_______ June, 1919_____ December, 1919_____ ____ June, 1920.. ____ December, 1920 . . . M ay, 1921__________________ December, 1921_________ June, 1922............................... . _ December, 1922___________ June, 1923._. _____ December, 1923__________ . June, 1924_________ December, 1924 . . . ... . June, 1925.. ________ December, 1 9 2 5 .______ June, 1926___________ December, 1926______ ___ _ June, 1927_________ December, 1927______ Clothing 20.5 20.6 23. 1 36. 1 11.9 i 7.4 i 2.9 i 7.8 16.3 17.2 14.8 i 11.3 13.3 12. 4 4.8 1.6 .9 1 1.2 12.9 33.8 42.3 78. 6 93. 6 69. 0 43.8 21.2 12.9 10. 6 12.5 12.9 11.9 8.9 8.6 8.4 8.1 7. 0 5.8 5.3 Kent 1.0 3. 6 9.8 12. 5 25.9 29.4 34. 1 34. 5 35.3 35.7 39.4 39. 5 41.3 41.4 40.4 39.6 36.0 34.0 31.1 Fuel and House furnishing light goods Miscel laneous All items 11.8 11.4 18. 7 36. 1 62.2 47.1 46.8 33.4 54.2 52.7 61.2 49.1 47.9 41.2 53. 6 51. 0 61.4 51.9 54.2 26.3 28. 6 55.9 75.4 70. 0 48.8 33. 0 27. 6 29.4 40.0 40.5 37.8 38.5 38.2 39.2 38.1 38.7 35.6 35.3 9.0 13.5 24. 0 32.4 36. 0 38. 7 38.4 34.7 33. 5 33. 9 35.4 35.8 35.7 36. 0 39.1 40. 8 40.8 40. 9 40.9 17.9 20.6 32. 0 43. 8 33.3 20.2 18. 3 13. 2 14.4 14.9 17.1 13. 5 16. 5 16. 7 20.8 19. 7 19.3 17.4 16.4 4.8 3.7 8.2 19. 6 42. 6 30.9 33.4 32.3 48.9 30. 8 32.1 21.6 24.6 19.5 26.9 18.3 38.9 34.0 34.3 21.8 32.5 52.9 73.1 70.2 43. 5 19. 2 12.8 14.9 29.8 30.5 26.2 27.4 28.0 27.9 27.1 22.7 22.3 23.3 14.5 15.7 30.3 37.6 43.2 42.1 40.6 33.2 33.4 33.4 35.8 35.7 35.8 36.6 37.0 36.6 36.6 36.5 36.9 16.7 17.9 34.2 48.9 35.4 23.1 18.5 15.1 17. 0 17.7 20.6 18.8 20.7 22.4 25.0 24.1 24.5 23.2 21.4 24.7 25.7 31.5 43.5 67.3 62.8 67.1 68.0 68.6 65.2 75.3 68.9 75.7 70.3 99.8 77.8 78.5 71.4 75.3 27.0 35.6 48.9 62.8 62.0 48.6 30.7 24.2 28.5 34.7 34.9 31.6 34.6 33.9 33.9 34.4 33.7 32.4 32.1 21. 4 24. 9 34. 7 47. 9 50. 4 54. 6 52. 4 49. 9 49. 3 51. 4 51. 7 53. 7 53. 7 54. 8 55. 4 55. 9 55. 9 55. 7 55. 9 21.9 25.0 37.1 51.5 39.1 28.2 26.3 20.9 22.4 22.4 25.8 22.4 25.8 27.0 32.0 29.0 29.8 28.2 28.5 S t . L o u is , M o . December, 1918. June, 1919_____ December, 1919. June, 1920_____ December, 1920. May, 1921_____ December, 1921. June, 1922_____ December, 1922. June, 1923_____ December, 1923. June, 1924.......... December, 1924. June, 1925_____ December, 1925. June, 1926_____ December, 1920. June, 1927_____ December, 1927. 18. 0 16. 1 26. 2 46. 2 8. 8 i 10. 1 i 11.6 i 12.1 19.5 1 11.5 1 7.5 1 11.4 16.5 !2. 5 3.4 2.8 2.0 1. 2 12.3 32.4 39.3 78.1 89. 7 70.0 43.8 17.2 7.9 6.3 9. 0 9.6 8.6 7.9 7.4 6.9 6.8 7.0 4.4 3.4 2. 7 3.8 16.8 29.8 42.4 52.5 63.8 65. 7 68.0 74. 6 79. 5 83.4 83.4 85.2 85.4 84.7 83.2 81.0 78.3 S c r a n to n , P a . December, 1918... June, 1919.. . December, 1919______ June, 1920. ____ December, 1920.. _ . . . M ay, 1921____ . . . December, 1921____ June, 1922.. December, 1922 ___ __ June, 1923.. ... . December, 1923____ June, 1924___ December, 1924_____ _. . June, 1925.. . ______ December, 1925.._ June, 1926________ . . . December, 1926____ ____ June, 1927________ ______ December, 1927.. . . . 21. 3 18.1 26. 9 41. 4 17. 8 1 4.0 4 .1 1 6 7 1 2.1 15 1 .2 1 8 7 1 1. 6 14 9. 6 4. 7 6. 7 4.2 5.0 34.4 49 6 82.1 97 7 76.5 54 3 29 1 24.2 20. 7 21.7 23 2 22 2 21 1 20.3 20. 2 19.5 18.3 17.2 16.3 1 Decrease. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [442] 0.5 6.2 2.4 17.2 18.5 41. 5 44. 6 52.8 53.6 59.0 60.8 67.6 68.6 71.0 70.5 71.4 72.4 73.1 73.4 CH ANG ES IN 231 COST O F L IV IN G The following table shows the increase in each item of expenditure in the United States from 1913 to December, 1927. These figures are a summarization of the figures for the 32 cities, the results of which appear in the preceding tables, but computed on a 1913 base. T able 5 .—C H ANGES IN COST OF LIVING IN TH E U N IT E D STATES, 1913, TO D E C E M B E R , 1927 Per cent of increase over 1913 in expenditure for— Date Food December, 1 9 1 4 .______ _ . _______ December, 1915__________________ December, 1916._ ___________ ____ December, 1917_____________ _____ December, 1918.. _ _______ _______ June, 1919___ _ . . . . . . . . December, 1919_ _ _______________ June, 1920__ ______________ ______ December, 1920 . . . . ____ M ay, 1921'.______________________ September, 1921__ ______ ___ _ December, 1921__ ________ _ _ __ March, 1922_____________________ June, 1922__ ___ _______________ September, 1922___ _ ______ ____ December, 1922 March, 1923... ________________ June, 1923__ ___________ ______ _ September, 1923 ___ _ . ________ . December, 1923__________ . . . March, 1924__ __________ ___ _ _ June, 1924 __________ . _ September, 1924 _. _ _ _______ December, 1924.. . _ _________ ________________ June, 1925_ _ December, 1925 ________________ June, 1926 __ ___ _____________ December, 1926___ _. _________ June, 1927 __ __ _ _ _______ December, 1927__________________ 5.0 5.0 26. 0 57.0 87.0 84.0 97.0 119. 0 78.0 44.7 53.1 49.9 38. 7 40.7 39.7 46.6 41. 9 44. 3 49.3 50. 3 43.7 42.4 46). 8 51.5 55. 0 65. 5 59. 7 61.8 58. 5 55. 9 Cloth ing 1.0 4.7 20.0 49.1 105.3 114.5 168. 7 187. 5 158. 5 122.6 92.1 84.4 75. 5 72.3 71.3 71. 5 74. 4 74.9 76.5 76.3 75.8 74.2 72. 3 71.3 70.6 69.4 .2 66.7 64.9 62.9 68 Rent House Fuel and furnishing light goods 1.0 1.0 (>) 1.5 2.3 .1 9.2 14.2 25.3 34.9 51. 1 59.0 60. 0 61.4 60.9 60.9 61.1 61.9 62.4 63.4 64.4 .5 67.0 8.4 24.1 47.9 45.6 56.8 71.9 94.9 81.6 80.9 81. 1 75.8 74.2 83.6 86.4 86.2 80.6 81.3 84.0 82. 2 77.3 79. 1 80. 5 76.5 86.9 80.7 88.3 80.8 83.2 66 68.0 68.0 68.2 67.4 67.1 65.4 64.2 62.1 60.2 4.0 10.6 27.8 50.6 113.6 125.1 163. 5 192.7 185.4 147. 7 124. 7 118.0 106.2 102.9 102.9 108. 2 117.6 122.2 122.4 122.4 121.3 116.0 114.9 116.0 114. 3 114.3 110.4 107. 7 105.2 104.6 Miscel laneous 3.0 7.4 13.3 40.5 65.8 73.2 90. 2 101.4 108.2 108.8 107.8 106.8 103.3 101. 5 101.1 100. 5 100.3 100.3 .1 101. 7 .1 101 101 101.1 101.1 101.7 102.7 103.5 103.3 103.9 104. 5 105.1 All items 3.0 5.1 18.3 42.4 74.4 77.3 99.3 116.5 100.4 80.4 77.3 74.3 66.9 66.4 66.3 69.5 68.8 69.7 72.1 73.2 70.4 69.1 70.6 72.5 73.5 77.9 74.8 75.6 73.4 72.0 1N o change. The following table shows the per cent of decrease in the price of electricity on the dates specified as compared with the price in December, 1913. These figures are based on the average prices for household use in 32 cities and are included in the preceding tables under the item “ Fuel and light.” T able 6 .—P E R C E N T OF D E C R E A SE IN T H E PR IC E OF E L E C T R IC IT Y AT SP E C IF IE D PE R IO D S AS C O M PA R E D W ITH D E C E M B E R , 1913 Per cent of decrease from Decem ber, 1913 Date December, 1914 December, 1915__ December, 1916 December, 1917 December, 1918 June, 1919 December, 1919 June, 1920 Deeember, 1920 M av, 1921____ 3. 7 ___ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6. 2 8. 6 11.1 6.2 6.2 7.4 7.4 4. 9 4.9 Date September, 1921______ December, 1921_______ March, 1922__________ June, 1922 _ _ ______ September, 1922 _____ December, 1922_______ March, 1923__________ June. 1923.. ______ September, 1923 December, 1923_______ [443] Per cent of decrease from Decem ber, 1913 4. 9 4. 9 4.9 .2 .2 7.4 7.4 7.4 6 6 8.6 8.6 Date March, 1924 _ __ June, 1924 __ ______ September, 1924._ _ . . . December, 1924___ . . . June, 1925____________ December, 1925_______ June, 1926.. ________ December, 1926___ _ June, 1927____________ December, 1927_______ Per cent of decrease from Decem ber, 1913 8.6 8.6 8.6 8.6 9.9 9.9 11.1 11.1 12.3 12.3 232 M O N T H L Y L A B O R R E V IE W Resolution in Favor of New Cost-of-Living Survey TTE following resolution in favor of a new cost-of-living survey to be made by the United States Bureau of Labor Statistics was adopted by the American Association for Labor Legis lation at its annual meeting held in December in Washington, D . C. Similar resolutions were passed by the American Economic Associa tion and the American Statistical Association at their December meetings, also held in Washington: T Whereas the latest official cost of living study made by the United States Bureau of Labor Statistics dates from 1918-19; and Whereas the bureau itself now feels that this study is not a true reflection of U® American workers’ family budget owing to obvious changes in the character oi tamily consumption: Be it R eso lved , That the American Association for Labor Legislation feels that a new survey of the cost of living is imperatively needed to bring these statistics up to date; and be it further R eso lv ed , That the matter be referred to the executive committee of the associainstructions to consult with the United States Commissioner of Labor Statistics and to take any action necessary with a view to securing an appro priation from Congress for such a survey. Increasing Consumption of Pork Products in the United States N V E S T I G A T I O N S of meat and animal fats by the United States Department of Agriculture continue to show the popularity of pork m the American diet. Food habits in the United States diffei bom those in many other countries largely in our very extensive use of pork products. This country, though possessing only about 6 per cent of the population of the world, has contained in recent years about 2 0 per cent of the world’s swine. i |ncreas^1S control of hog cholera, swine parasites, and other losses has made the production of swine a much safer enterprise than formerly. A report just issued by the Bureau of Animal Industry of the Department of Agriculture shows an increase of more than 2 200 000 hogs slaughtered under Federal inspection during the last fiscal year as compared with the previous year. The total federally inspected hogs slaughtered last year exceeded 42,500,000 out of a total of approximately 70,000,000 food animals. The unusual prominence of pork andits products in the American diet has Also been the subject of special studies conducted by the -Bureau of Animal Industry. In addition to former investigations showing the high nutritive value of pork protein and the ability of poik products to enhance the food value of cereal and vegetable prod ucts _consumed at the same time, recent studies of sausage are of Particular interest. A chemical examination of more than 200 samples showed pure pork sausage to have an exceptionally high fuel value furnishing more than 2,000 calories per pound. This is approxi mately twice the number of calories ordinarily consumed by the average person at a meal. A careful selection from the very wide range of pork products makes possible diets containing, on the one hand an abundant supply of fuel for hard manual labor and, on the other, by a different choice, diets containing a lesser quantity of energy and more I https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [444] ECONOM ICS OF IN STA LLM EN T SELLIN G 233 protein, which may be more suitable for persons leading sedentary lives. In general the winter season calls for a greater consumption of foods high in fuel value. Previous experiments showed pork to be relatively rich in the antineuritic vitamin, as determined by feeding experiments with large numbers of pigeons. More recent tests have shown that as small a quantity as 5 per cent of dried, lean pork in the diet of the birds pro tected them against polyneuritis. This disease results from the same vitamin deficiency that causes beriberi in man. Other experiments, conducted to determine the value of pork as a source of the growthpromoting vitamin B, indicate that pork contains a reasonable supply of this valuable nutritive factor. These studies are of special signifi cance since pork amounts to approximately 50 per cent of the entire meat dietary in the United States. The large and efficient production of pork in the country likewise has made it possible for this food to reach the market at compara tively low prices. Its economy, combined with high food value, department officials believe, helps to explain the very liberal use of pork products in the American diet. Economics o f Installment Selling 1 INSTALLMENT selling has a tendency to stabilize, regularize, A increase, and speed up production, according to the findings of an intensive survey made by Prof. E. B. A. Seligman and a corps of investigators. The results of this study are embodied in two volumes covering nearly 1,000 pages. Among the important con clusions reached are the following: Volume of Installment Selling Exaggerated jV/IANY of the estimates in regard to installment selling were found to be enormously exaggerated. The durable consumption goods to which the installment system is primarily applied totaled at the close of 1926 approximately $4,500,000,000 or a little less than 12 per cent of the total retail sales, which approximated $38,000,000,000. The total outstanding installment paper amounted to approxi mately $2,000,000,000. Less than 60 per cent of the automobiles were reported as being sold, on the installment plan as compared with the common estimate of 75 to 80 per cent. Prejudices Against Installment Credit NTEARLY all prevalent opinions concerning installment credit are ^ declared to be the result of prejudice or prepossession and with out satisfactory factual foundation or “ adequate economic analysis.” A careful study of consumption and production credit has led the author to conclude that “ the economic nature of installment credit must be considered in the light of the doctrine of utilization. To 1 Seligman, Edwin R. A.: The Economics of Installment Selling. special reference to the automobile. N ew York, 1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [445] A study in consumers’ credit with 234 M O NTH LY L A B O R R E V IE W object to installment selling on the ground that it is consumption credit, with the further implication that consumption credit is in some way or other less legitimate than production credit, is essen tially invalid.” It is emphasized that a distinction must be drawn between using a thing and using up a thing. “ True surplus is to be envisaged from the point of view of creative capacity or of finer living.” Instead of defining consumption as productive or unproductive it should be classified as creative, neutral, wasteful, or destructive. In Professor Seligman’s judgment, the legitimacy of consumption credit depends upon the character of its utilization. Productive or neutral utilization makes credit legitimate. Wasteful or destructive utilization makes credit illegitimate. Evolution of Installment Credit '"TH E investigator shows how new forms of credit have been evolved with every great change in economic conditions. Although these forms of credit met with opposition at first, they were later on greatly^ appreciated. “ Installment credit represents the latest stage of credit.” The essential points of difference between installment credit and other forms of consumption credit are (1) the kind of terms on which installment credit is granted; (2) the character of the security upon which installment credit is granted. The gravest problems, therefore, of installment credit center in the facts of defaults and delinquencies. Consequently, special attention was given to a study of repossessions, which resulted in the conclusion that “ there are few undesirable factors (i. e., factors lead ing to delinquencies, repossessions, and losses) which may be con sidered as permanently inherent in installment selling; and in the further conclusion that the control of delinquencies, repossessions, and losses lies in the hands of those selling on installment.” What is a Luxury? IN R E F E R R I N G to the common criticism of installment credit, that it stimulates the buying of luxuries, attention is called to the greater production, larger profits, and increased wages made possible by modern capitalism and the factory system and to the important influence such changes have had on standards of living. What is considered a luxury to-day may be regarded as a necessity to-morrow. “ While the force of the old objections against certain forms of sense less and extravagant luxury on ethical grounds remained unimpaired, attention ought primarily to be directed to the validity of the eco nomic argument which explains the transition from luxuries to necessities.” Discussing the automobile in particular, the writer maintains that it should not be considered either a luxury or as a form of wasteful consumption. He holds that “ the advent of the automobile has marked a revolution in economic and social life which is comparable to that produced by the introduction of the railway.” The benefits https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [446] ECONOM ICS OF IN STA L LM E N T SELLIN G 235 of the automobile must be weighed against its resultant evils. He holds that there is “ little doubt as to where the balance of advantages lies.” Effect on the Consumer rT T l E breaking up of payments makes it possible for the consumer of A moderate means to have immediate possession of high-priced durable goods. “ Installment credit must therefore be regarded pri marily as making it possible for the consumers to increase that satis faction of their wants which is rendered by certain forms of modern durable goods.” In regard to the alleged dangers in installment credit because of the irrationality of consumers it is acknowledged in the report that “ consumers as a class undoubtedly do not possess the same skill in financial arrangements nor practice the same careful budgetary meth ods as producers or business men as a class.” Yet it is pointed out that “ irrationality can not well be predicated of consumers in general.” It is also maintained that in many cases installment credit tends to make the consumer arrange his program of expenditures with greater intelligence. Furthermore, the report states that installment buying has on the whole a tendency to strengthen the motives which prompt individuals to save and increases their capacity to do so. As to the economic slavery resulting among the improvident from debts through install ment credit, consideration should also be given to the fact that under proper conditions the purchase of the right kind of articles through installment payments may mean liberation rather than slavery. Reflex on Business Conditions D O I N T I N G out that there are no boundaries to the multiplication A of demands except those set by the physical and economic limits of production, Professor Seligman concludes “ that at both ends of the business structure installment selling exerts a well-defined beneficial influence.” A study of the depression resulting from the coal strike several years ago in the anthracite district led to the conclusion that “ the dangerous effects of installment selling on the credit structure have been exaggerated.” While as yet the data available are not sufficient to constitute a basis for a definite pronouncement, “ installment credit under proper conditions is probably not open to the charges so often preferred against it in this respect.” Summary IN B R I E F , Professor Seligman concludes that installment selling, * like every innovation, “ is subject to the perils of novelty.” It has brought forth new devices, has established a new technique, and has indisputably “ come to stay.” That there are certain dangers and abuses connected with the system is undeniable, but in the course of time experience will show the kinds of goods and the social strata to which installment credit is economically applicable. 82645°—28----- 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [447] 236 M O N TH LY LA B O R R E V IE W B y the gradual elimination of undesirable practices’ quite definite and generally acceptable standards may be set up for discriminating between the sound and the unsound, the real and the specious. When these criteria are applied to installment selling “ we may expect to learn that the innocuous and the salutary must not be con founded with the inappropriate and the regrettable and that, in its ultimate and refined forms, installment credit will be recognized as constituting a significant and valuable contribution to the modern economy.” Income and Living Standards of Unskilled Laborers in Chicago1 NLY slightly over 50 per cent of the 467 families of able-bodied unskilled laborers included in a recent survey in Chicago were able to maintain a standard equivalent to the budget (1925 revision) proposed for the use of the charitable organizations of that city. The investigation was made under the auspices of the local community research committee of the University of Chicago, the Chicago Council of Social Agencies and several large employers of labor to ascertain whether this budget did not provide a higher stand ard of living than the average unskilled laborer in Chicago was able to secure for himself. This budget had been carefully worked out with a view to adaptation to_ varying family circumstances; for example, the food cost (1924 prices) for a man at hard muscular work in a family where bread is bought is estimated at $14.30 per month and for a woman under the same conditions at $11.30 per month. Additional allowances are provided when members of the family need special diets. An increased estimate for clothing is considered necessary when the man’s work “ involves unusual exposure.” A reduction of 10 to 25 per cent is made in the clothing costs for younger children when wearing apparel is handed down to them. Details from the budget are published as Appendix A to the study. O The two main lines of inquiry based upon this budget were (1) the extent to which the family income was supplemented from other sources than that of the earnings of the chief breadwinner, and (2) the sufficiency of the total family income to maintain a normal living standard. As the line of demarcation between “ unskilled” and “ semiskilled” was found to be hazy, both classes were included in the survey. The earnings in both groups ranged from about $800 to $2,200 per annum, the majority being under $1,500. A comparison of the earnings of the chief breadwinner and the estimates of the budget showed that in over two-thirds of the families such earnings were not sufficient for a standard of living equivalent to that contemplated in the Chicago budget. In this connection it should be noted, the investigators point out, that the group of wage earners covered was unusually well situated, having had regular employment throughout the year 1924. Moreover, most of them had been with their employers for several years. 1 Houghteling, Leila: The Income and Standard of Living of Unskilled Laborers in Chicago. Chicago, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [44S] 237 L IV IN G STANDARDS OF U N SK IL LE D LA BO R ER S In the face of these findings the significance of other sources of income was obvious. It was then ascertained that 355 families had other sources of income, which included earnings of wives and child ren, returns from keeping lodgers and boarders, property income, benefits, gifts from relatives and friends, and borrowed money. The results of having recourse to some of these supplementary sources were clearly undesirable. For example, in 108 families the mothers felt it necessary to work and their jobs were especially arduous. According to the survey, this fact undoubtedly meant “ a lowering of the standard of living in those families and the consequent sacrifice of the welfare of the dependent children.” I t is also pointed out that the boarders and roomers in 100 families and the consequent overcrowding contributed to lower the standard of both physical and moral well-being in such families. A study of the general living conditions of all the families and of the dietaries of a smaller number of families showed quite plainly that the families whose standard of living was lower than that con templated by the Chicago budget were existing under conditions which failed “ utterly to provide a standard of living that will make possible a high standard of physical, mental, and moral health and efficiency for adults, the full physical and mental growth and develop ment of children, and make provision for their moral welfare.” This conclusion is given an added emphasis by the fact that 134 of these families during 1924 found they must avail themselves of the free services which the social agencies provide. As these services are rendered principally by medical agencies, the importance of such aid to both these families and to the community as a whole can read ily be seen. Without this assistance the general standard of living would drop “ to an extremely low level.” Among the many interesting tables presented in this study is the following statement showing the number and per cent of wage earners’ families having each specified number of dependent children: N u m b er of d ep en d en t children 1 N one 2____________________ 1 ____________________ 2 ____________________ 3 ________________________ 4 ___________________ 5 ________________________ 6 ___________________ 7 or m o re ________________ T o ta l______________ Number of families 2 77 112 103 79 41 34 19 467 Per cent of total 0. 4 16. 5 24. 0 22. 0 16. 9 8. 8 7. 3 4. 1 100. 0 1 No age limit was set, and 40 children of 16 years or over were included because they were not contribut ing to the family exchecquer. Also includes 35 children who contributed very small amounts. 2 The children in these families are dependent nieces and nephews and therefore were not in this table classified with the other dependent children. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [449] 238 M O N TH LY LA B O R R E V IE W Cost of Living in Peru THE Statistical Abstract of Peru for the year 1926 the Peruvian IN Bureau of Statistics has published a table showing the average retail prices of 15 food articles in Peru for the years 1913 to 1926, from which the following table has been prepared. The price equiv alents in Punted States currency have been computed for 1926. AVERAGE R E TA IL PR IC ES OF SP E C IF IE D A R TIC L ES OF FOOD IN P E R U , B Y Y E A R S [Exchange rate of sol Dec. 29, 1926=35.7 cents ; 1 kilogram=2.2 pounds; 1 liter = 1.06 quarts] 1926 Article Unit 1913 (Sols) 1918 (Sols) 1920 (Sols) 1925 (Sols) Sols Beef______ ___ _ _ _ . _ ___ M utton. . . . _ __ Pork _ . ______ ___ . Sweet oil_____ _____ _ _ ___ _____ Rice____________________ Sugar _ ______________ __ ________ Vermicelli __ ___ _____ Kidney beans _ _ __________ Flour__ ___________ _ _ _______ M ilk, fresh . __ ______ _ M ilk, condensed _____ __ Corn. ___ _________________ ______ Lard__ ___________ . ____ Bread __ ____________ Potatoes____________________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kilogram__ _ do ____ __ do_____ _do_____ __d o _ ____ __ do_____ _ _ do____ ____ do_____ ___do____ _ Liter _____ Can Kilogram__ ____do_......... ___do______ ____d o .......... [450] 0.70 .60 .85 .65 .20 . 13 .30 .20 . 17 . 30 . 25 .09 .61 . 12 .286 1. 05 . 95 1. 80 1. 06 .34 .24 .46 .26 .34 .45 .40 . 17 1. 48 .23 .40 1. 35 1. 10 2.00 1. 28 .51 .24 .61 .34 .38 . 55 .42 .21 1.64 .21 .625 1.30 1. 10 2.00 .79 .37 .28 .51 .32 .36 .52 .34 .22 1. 32 .26 .438 1. 32 1. 36 2. 00 . 84 .40 . 26 . 53 . 44 .40 .50 .38 .24 1.40 . 21 .399 u . s. cur rency 30. 47 .49 .71 .30 . 14 . 09 . 18 . 16 . 14 . 18 . 14 .09 . 50 .07 . 14 LABOR AWARDS AND DECISIONS Awards and Decisions L o c o m o tiv e F ir e m e n — W e ste r n R a ilro a d s HE Brotherhood of Locomotive Fireman and Enginemen made a claim for increase of wages on the managements of the various western railroads, June 25, 1926, which was denied by the carriers July 8, 1927. As both sides invoked the services of the United States Board of Mediation, mediation proceedings fol lowed. These, however, were without result, and by agreement, August 6, 1927, both sides left the question to an arbitration board consisting of Albert Phillips and S. A. Boone, representing the brother hood; R. V. Fletcher and John W. Higgins, representing the carriers; and Judge Haslett P. Burke and Paul A. Sinsheimer, appointed by the United States Board of Mediation. The arbitration hearings began September 29 and ended November 11, 1927. The board agreed that a decision should be made by December 20, met in executive session from November 28 to Decem ber 5, and then issued a statement that it was unable to agree upon an award. At the suggestion of the United States Board of Media tion, Judge Burke called the members of the arbitration board to meet December 17, and was later notified that, acting on advice from the Department of Justice, the United States Board of Media tion suggested that if a majority of the board appeared December 17, those present make an award according to the arbitration agreement. Following a protest of the chairman of the conference committee of managers of western railroads against convening the board, the arbitrators representing the railroads declined to attend the meeting. Four of the six members of the board met and rendered a decision, of which the following is a part: The award was followed by statements made by the four arbitrators present, as follows: T D em and 1: E xcept as otherw ise p rovided herein existing ra te s of p a y for firemen, helpers, hostlers, a n d ou tsid e h o stler helpers shall be increased $1 p e r day. On th is d em and th e b o ard decides t h a t th e ra te s of p a y fo r firem en in ro ad passenger service shall be in creased 30 cen ts p er d a y a n d th e ra te s of p a y of all o th er em ployees involved shall be increased 35 cen ts p er day. D em and 2: In freig h t service on steam , electric, or o th e r pow er w eighing 250,000 pounds a n d over on drivers a n d on M allet engines, existing ra te s of p ay shall be increased $1.25 p e r day. T his d em an d th e b o a rd denies, except to th e ex te n t g ra n te d in No. 1, above. D em and 3: G rad atio n s on locom otives, according to w eights on drivers, to be extended to 550,000 pounds an d over in freig h t service, w ith a n ad d itio n a l increase of 25 cents p er day to be applied for each 50,000 pounds above 250,000 p o unds on drivers. T his dem and th e b oard denies. D em and 4: T he w eight of all o th e r pow er-driven wheels will be ad d ed to th e w eight on drivers of locom otives t h a t are equipped w ith boosters, a n d th e w eights produced by such increased w eights shall fix th e ra te s for th e respective classes of service. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [451] 239 240 MONTHLY LABOR R EV IE W This dem and th e bo ard grants. D em and 5: In all passenger service th e earnings from mileage, overtim e, or o th er rules applicable for each d ay service is perform ed shall be n o t less th a n $6.25 for firemen. T his dem and th e b o ard g ran ts to th e e x te n t of $5.55; otherw ise denies. T h e a w a rd w as follow ed b y s ta te m e n ts m a d e b y th e fo u r a r b it r a to rs p re s e n t, a s follow s: S ta te m e n t o f c h a ir m a n On th e m eetin g of th e m em bers of th e b o ard of a rb itra tio n , whose sig n atu res are affixed to th e foregoing aw ard, a t th e C apitol B uilding in D enver, a t 2 p. m ., D ecem ber 17, 1927, th e first q u estio n fo r consideration w as w h e th e r th e said b o ard could legally reconvene fo r a n y p u rpose a t t h a t tim e a n d p rio r to its reconvening a n d reo rg an izatio n as a b o ard I s ta te d to a rb itra to rs Sinsheim er, Boone, a n d Phillips th a t, in m y opinion, no fu rth e r legal m eetin g of said bo ard of a rb itra to rs could be held, b u t t h a t on th e opinion of th e D e p a rtm e n t of Ju stic e a n d th e req u est of th e B o ard of M ed iatio n to th e c o n trary , I w as w illing to p a r tic ip a te th erein in o rd er t h a t a n a w ard m ig h t, if possible, u n d e r th e circu m stances, be rendered a n d filed in th e U n ited S tates d is tric t co u rt a n d its legality th e re determ ined by th e only trib u n a l co m p eten t to a u th o rita tiv e ly pass upon th e question. S ta te m e n t o f r e p r e s e n ta tiv e s o f b r o th e r h o o d W e believe i t a p p ro p ria te to s ta te in connection w ith th e foregoing aw ard th a t, in o u r careful a n d considered ju d g m e n t, th e em ployees inv o lv ed in th is a rb itra tio n are e n title d to increases in ra te s of p ay su b sta n tia lly larg er th a n those aw arded. N evertheless, w e believe i t o u r d u ty to jo in in a n aw ard w hich will give these m en th e benefit of a t least a p o rtio n of th e increased wages to which, in our ju d g m en t, th e y are e n titled . S ta te m e n t o f S in s h e im e r , a r b itr a to r I believe th e aw ard h erein fails to accord th e full m easure of w age increase justified upon th e record of th e case. T his increase, in m y opinion, should range from 35 to 45 cen ts in th e s ta n d a rd w age ra te s now in effect a n d should ap p ly in ap p ro p ria te p ro p o rtio n s to all firem en, hostlers, a n d h o stler helpers in service on w estern railroads. I have joined in th e aw ard so th a t som e m easure of increase m ay be m ad e effective, even th o u g h n o t in th e full am o u n t I hold to be justified. R a ilr o a d s— D e c is io n s o f T r a in S e r v ic e B o a r d s o f A d j u s t m e n t Southeastern Region A D I S P U T E b etw e en th e L o u isv ille & N a sh v ille R a ilro a d Co. a n d its en g in eers w as s e ttle d b y th e T ra in S ervice B o a rd of A d ju s tm e n t fo r th e S o u th e a s te rn R eg io n D e c e m b e r 13, 1927, in D o c k e t N o . 280. T h e fa c ts w ere as follow s: O n M a rc h 18, 1925, follow ing a cy clo n e w h ich destroyed^ w ire c o m m u n icatio n b etw een L o u isv ille a n d L a to n ia , a f r e ig h t en g in ee r a f te r a tta c h in g h is engine to a tr a in set_ to d e p a r t fo r S o u th L o u isv ille a t 8.20 p . m ., becau se of th e im p o ssib ility o f m o v in g th e tr a in to L a to n ia , w as in s tru c te d to r e tu r n to th e ro u n d h o u se , w h e n ce h e w as m o v ed o n a n en g in e in c h a rg e of a h o s tle r to T e n th S tr e e t y a r d , w h ere h e p erfo rm e d em er gen cy w o rk tr a in serv ice re p a irin g w ires, re tu rn in g to S o u th L o u is ville w h en h e w as re lie v ed a t 10 o ’clock th e n e x t m o rn in g . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [452] AWARDS AND DECISIONS— RAILROADS 241 He was paid on continuous time and mileage basis at work-train rates for the entire service. He claimed, however, two days’ pay, one at through-freight rate and one at work-train rate, basing his claim on the following articles in the agreement. A rticle 24 (f). W hen crews are called fo r ro ad service an d n o t used th e y will be p aid a m inim um of th re e hours a t reg u lar or pro r a ta ra te s a n d stan d first o u t in th e class of service assigned to. If n o t relieved w ith in six hours of th e tim e th e y are called to re p o rt th e y will be p aid 100 m iles on th e class of service fo r w hich th e y w ere called a n d sta n d la s t out. A rt . 6. I n all ro ad service tim e will be com puted from 30 m in u tes before tim e set fo r d e p a rtu re of tra in or 30 m in u tes before th e a c tu a l leaving tim e, if earlier, an d end a t th e tim e a n d p o in t w here relieved of th e engine. If required to re p o rt fo r th e ir engines earlier th a n 30 m in u tes before th e leaving tim e of th e ir tr a in th e ir tim e will be com puted from th e tim e th e y are required to re p o rt for d u ty . The committee stated: I t is, therefore, o u r c o n ten tio n t h a t w hen engineer B cleared th e re ad y tra c k sw itch a t th e roundhouse, S o u th Louisville, coupled on to his tra in , received orders a n d s ta rte d for L ato n ia, his destin atio n , w as sto p p ed an d in stru c te d by p ro p er a u th o rity to re tu rn to th e roundhouse, deliver his engine a n d re p o rt to th e caller, he h ad com pleted a d a y ’s w ork a n d w as en title d to p a y fo r 100 m iles in th ro u g h -freig h t service, a n d w hen he re p o rted fo r a n o th e r engine in a different class of service a t T e n th S tre e t roundhouse, w hich is ap p ro x im ately 3 miles d is ta n t from th e first rep o rtin g p o in t, a n d cleared th e read y tra c k sw itch a t th a t p o in t he h ad begun a new d ay a n d should be com pensated accordingly. The carrier objected to the claim on the following grounds: 1. T h a t th e e n tire service w as continuous an d pro p erly p aid for u n d er section (a), article 10— tw o or m ore classes of service, w hich read s: “ R oad engineers, firem en, a n d helpers perform ing m ore th a n one class of road service in a d ay or trip will be p aid for th e en tire service a t th e h ighest ra te applicable to a n y class of service perform ed, w ith a m inim um of 100 m iles for th e com bined service. T he ov ertim e basis for th e ra te p aid will a p p ly fo r th e en tire tr ip .” 2. T h a t th e re is n o th in g in th e agreem ent w hich su p p o rts th e claim for 100 m iles for a m ovem ent from one p a rt of a te rm in a l to a n o th e r p a rt of a term in al in cid en t to a trip in ro a d service. 3. T h a t p a ra g ra p h (f), article 24, referred to by th e com m ittee, is n o t applic able to th e case, in t h a t i t applies only to crews who a re called a n d n o t used. 4. T h a t article 6, referred to by th e com m ittee, h as no bearing on th e case, as it m erely provides w hen tim e will end a fte r com pleting service. Quoting article 6 of the agreement before given, the board said: E vidence before th e b o ard shows engineer B ac tu a lly p erform ed service u n d er th e original call a n d w as th e n directed to re tu rn his engine to th e engine house, w here he w as relieved of it, th e trip ending u n d er th a t p o rtio n of th e rule reading: “ A nd end a t th e tim e a n d p o in t w here relieved of th e en g in e .” T he claim is, therefore, sustained. Western Region Several decisions settling disputes between the Los Angeles & Salt Lake Railroad and its trainmen have been rendered recently by the Train Service Board of Adjustment for the Western Region, of which number three were as follows: Changing rate of pay.—October 26, 1926, the wage of the engine foreman at Yermo, Calif., was reduced from $7.04 to $6.64 per day, on the ground that the latter rate was the proper rate of pay under the yardmen’s agreement with the carrier, effective March 1, 1925, since the engine foreman at that point did not perform the usual duties required of footboard jmrdmaster receiving the higher rate. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [453] 242 MONTHLY LABOR REV IEW A request for restoration of the rate was decided October 14, 1927, by Decision No. 2501. The management held that: W hen a y a rd forem an is also req u ired b y th e com pany to a c t as y a rd m a ste r we ap p ly th e 40 cen ts p e r d ay to th e fo re m a n ’s ra te , b u t we con ten d t h a t i t is a m anagerial question as to w h eth er th e com pany will req u ire engine forem en to a c t as y ard m aste rs o r n o t. W hen th e y a rd m a s te r’s d u ties are assum ed b y su p er vising a g e n t or his re p resen tativ e, as in th is case, th e re is no obligation on th e p a r t of th e com pany to p ay th e fo o tb o ard y a rd m a s te r’s ra te . P osition op th e com m ittee : C ontinuously since t h a t t i m e '[1918] engine forem en a t Y erm o h av e been p aid fo o tb o ard y a rd m a s te r’s ra te of p a y u n til on O ctober 26, 1926, th is m eth o d of p a y m e n t w as a rb itra rily d iscontinued b y th e carrier. T h ere has been no change in req u ired d u ties of engine forem en a t Y erm o. I t is th e position of th e com m ittee t h a t th e carrier is n o t privileged to a rb itra rily reduce th e ra te of p ay , a n d req u est is th erefo re m ad e t h a t ra te be resto red a n d ad ju stm e n ts m ad e to cover since th e d a te i t w as discontinued. D e c is io n : In v iew of th e fa c t th a t th ere h as been no change in th e d u ties and responsib ilities, claim is su stained. Duty to 'place name on list.—An extra brakeman on the Los Angeles board while protecting a temporary vacancy at San Bernardino was called to attend an investigation at Los Angeles. The investigation closed at 1 p. m., but he was assigned to no duty during the afternoon. On inquiry for the reason at 7 p. m., he was informed that he had been marked “ off list” for the day. He demanded pay for a day’s work “ on the ground that he should have been marked up on the board by the officers at the close of the investigation.” P osition of th e com m ittee : T h e officers who caused his nam e to be placed on "off list,” as show n in s ta te m e n t of facts, should have a u th o rized his re tu rn to th e w orking board. P osition of m a n a g e m e n t : W hen th e in v estig atio n w as concluded a t 1 p. m. M arch 23 he w as released a n d inform ed t h a t his presence w as no longer required. I t w as th e n u p to M r. S to re p o rt to th e crew d isp a tc h e r t h a t he w as re a d y fo r service. T his he did n o t do u n til 7 p. m . M arch 24. A ccordingly, no one w as to blam e b u t b rak em an S fo r loss of tim e on M arch 24. D e c is io n : I n view of circum stances a n d fa c ts involved, claim is sustained. D ecision No. 2497 O ctober 13, 1927. Pay.—On a 21-mile branch extending from St. Thomas to Moapa, Nev., a gasoline-motor car superseded a locomotive and coach April 10, 1926. On that day the crew, on arriving at Moapa from St. Thomas, took a freight train from Moapa to Las Vegas. The brakemen were paid continuous time at the local rate of pay, from time of reporting at St. Thomas until released at Las Vegas in accordance with article 11 (c), which reads as follows: T rainm en perform ing m ore th a n one class of ro a d service in a d ay or trip will be p aid for th e en tire service a t th e hig h est ra te ap p licable to a n y class of service perform ed. T he overtim e basis fo r th e ra te will a p p ly fo r th e en tire trip . One of the brakemen, however, claimed two minimum days’ pay in accordance with articles 9 (d) and 11 (a) reading as follows: A rticle 9 (d). Should a n assigned local fre ig h t crew be used fo r a sh o rt trip w ith in its assigned te rrito ry continuous w ith its assigned ru n a n d p rio r to th e a rriv a l a t its objective term in al, it will be p a id co n tin u o u s tim e or miles. An assigned crew used for a n y o th e r sh o rt trip will be allow ed a t least a m inim um day for such trip . A r t . 11 (a). In all ro a d service, except passenger service, 100 m iles o r less, eight ho u rs or less (straig h taw ay o r tu r n a ro u n d ), shall c o n stitu te a d a y ’s w ork. M iles in excess of 100 will be p aid for a t th e m ileage ra te provided. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [4 5 4 ] AWARDS AND DECISIONS— SIGNALMEN 243 The decision of the board was as follows: D e c is io n : In th e opinion of th e board, th e language of article 9, section (d), su stain s th e claim, a n d so decides. D ecision No. 2491, O ctober 13, 1927. S ig n a lm e n — L o u is v ille & N a s h v ille R a ilro a d A Correction TN the January issue of the Review (p. 197) certain typographical *■ errors occurred in the wage figures taken from the arbitration award handed down November 12, 1927, in a wage dispute between the Brotherhood of Railroad Signalmen of America and the Louisville & Nashville Railroad. The correct figures are as follows: Old rate Signal co nstruction fo rem an _______________ Signal m ain ten an ce forem an _______________ A ssistant signal forem an ___________________ L eading signalm en, leading m a in tain ers____ Signalm en, signal m a in ta in e rs_____________ Signal linem en____________________________ Signal groundm en________________________ Signal h elp ers____________________________ p er m o n th . _ $200. 61 ______d o ____ 185. 20 __ p er hour__ . 84 ______d o ____ . 79 ______d o ____ . 74 ______d o ____ . 70 ______d o ____ .6 4 ______d o ____ . 49 New rate $215. 61 195. 20 . 88 . 83 . 78 . 74 . 66 . 52 R a te s of sig n al la b o re rs w ere in cre ased 2 c e n ts p e r hour. Assistant signalmen and assistant maintainers start at 54 cents per hour, instead of 51 cents, as before, receiving an increase of 2 cents per hour every six months for four years. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [455] IMMIGRATION AND EMIGRATION S t a t is t ic s o f I m m ig r a tio n fo r N o v em b er, 1927 By J. J. K u n n a , C h ie f S t a tistic ia n U . S. B u r e a u of I m m igration TOTAL of 41,599 aliens entered the United States in November, 1927; the immigrant class, newcomers for permanent resi dence in this country, numbered 27,758, the remaining 13,841 being tourists or other temporary visitors. During the same month 22,757 aliens left the United States, 16,886 of whom were of the visit ing class or nonemigrants, and 5,871 were emigrants leaving to make their homes abroad again. American citizens returning to and de parting from the United States in November totaled 24,325 and 22,612, respectively. Compared with the previous month, there was a decrease in both the inward and outward passenger movement. In November last 65,924 persons entered the United States and 45,369 left for foreign countries as against 103,551 entering and 47,222 de parting in October, 1927. A T h e p rin c ip a l ra c e s c o n trib u tin g im m ig ra n t aliens in N o v e m b e r, 1927, w ere th e G e rm a n (5,823), I r is h (4,095), M ex ican (3,886), E n g lish (3,181), S c o tc h (2,123), F re n c h (1,693), S c a n d in a v ia n (1,522), I ta lia n (1,343), a n d H e b re w (1,010). T h ese n in e races su p p lied 88.9 p e r c e n t of th e to ta l. T h e r e _ w as a d ecrease in im m ig ra tio n fro m b o th C a n a d a a n d M exico in N o v e m b e r as c o m p a re d w ith th e p reced in g m o n th . In N o v e m b e r la s t 7,055 im m ig ra n ts w ere re co rd e d as com ing from C a n a d a a n d 3,993 fro m M exico, w h ile d u rin g O c to b e r la s t 7,641 im m ig ra n ts ca m e fro m C a n a d a a n d 4,301 fro m M exico. E u ro p e a n im m ig ra tio n also d ecreased , 18,096 im m ig ra n ts b ein g a d m itte d fro m c o u n trie s o n t h a t c o n tin e n t in O c to b e r as a g a in st 15,504 in N o v e m b e r. O v e r tw o -th ird s , o r 27,005 of th e 41,599 aliens of all classes a d m it te d d u rin g N o v e m b e r, 1927, w ere b o rn in E u ro p e a n c o u n trie s; 12,447 g av e c o u n trie s in th e W e s te rn H e m isp h e re as th e ir p lace of b irth , p rin c ip a lly C a n a d a a n d M ex ico ; 1,774 a re n a tiv e s of A sia; 56 of A frica; a n d 317 of A u s tra lia a n d th e P acific islands. A total of 1,723 (1,273 male and 450 female) aliens were debarred from entering the United States, only 188 having been rejected at the seaports of entry, while 1,535 were turned back at the international land border. Practically the entire number, or 96.7 per cent of the total, was refused admission for failure to present proper immigration visas under the immigration act of 1924, 1,666 aliens having been debarred for this reason. In November last 1,030 aliens were de ported from the United States under warrant proceedings for various causes under the immigration laws. 244 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [456] 245 STATISTICS OF IMMIGRATION T able 1 — IN W A R D A N D OUTW ARD PA SSE N G ER M O V E M E N T D U R IN G JULY, AUGUST, SE P T E M B E R , OCTOBER, A N D N O V E M B E R , 1927 Inward Period 1927 July------------August __ _ September___ October November___ Outward Aliens Aliens de de Aliens admitted United United barred Aliens departed ported States States from after citi citi enter landN on zens Total ing 1 Emi N on zens Total , ing 2 Immi imm i ar Total emi T otal2 de grant grant2 rived grant grant 2 parted 23,420 28,418 31,000 31,719 27, 758 15, 973 19, Oil 25, 619 21, 578 13, 841 39, 393 47, 429 56, 619 53, 297 41, 599 29, 935 69, 328 57, 701 105,130 75, 557 132, 176 50, 254 103, 551 24, 325 65, 924 Total___ 142, 315 96,022 238, 337 237, 772 476,109 2,002 1,574 1,600 1, 567 1, 723 9, 230 6, 322 7, 625 6,402 5, 871 18, 509 17,014 16, 885 16,424 16, 886 27, 739 23, 336 24, 510 22, 826 22, 757 65, 686 43,039 39, 748 24, 396 22, 612 93,425 66, 375 64, 258 47, 222 45, 369 700 1,346 901 932 1,030 8, 466 35,450 85, 718 121,168 195,48lj316, 649 4,909 1 Not included among inward numbers, as they were not permitted to enter the United States. 2 Deported aliens are included among the emigrant or the nonemigrant aliens. T 2 — LAST P E R M A N E N T R E SID E N C E OF IM M G R A N T A L IE N S A D M IT T E D A N D IN T E N D E D F U T U R E P E R M A N E N T R E SID E N C E OF E M IG R A N T A L IE N S D E P A R T E D , D U R IN G N O V E M B E R , 1927, A N D FROM JULY 1 TO N O V E M B E R 30, 1927, B Y C O U N TR IES able [Residence for a year or more is regarded as permanent residence] Immigrant Country July to July to November, November, November, November, 1927 1927 1927 1927 Albania______________________ Austria___ ________ Belgium _ __ _ _____ Bulgaria, ______ . . . ____ _ Czechoslavakia. _____ Danzig, Free City of_ . . . Denmark Estonia. . ________ ______ F in lan d .._ France, including Corsica________ Germany . . . . _ ______ Great Britain and Northern Ireland: England____ _____ ___ N orthern Ireland. . . . . . . . . . . S cotla n d ... ._ . . . _____ W a le s ..__________________ Greece _____ _______ _ __________ Hungary__________ __ ____________ Irish Free State _________________ Italy., including Sicily and Sardinia.. . ..... Latvia_____________ _ . . . _________ Lithuania__________ ___________ Luxemburg._. ._ . . . _______ Netherlands______ ________ Norway. . ____ _______ Poland _. . Portugal, including Azores, Cape Verde, and Madeira ______ Islands _. R u m an ia _______ R ussia.. . . . _____ Spain, including Canary and Balearic Islands _ _____ Sweden . . __ Switzerland. . ___ Turkey in Europe ___________ Y u g o s la v ia ...____ ____________ Other Europe__________ ______ _____ Total, Europe........................................ ......... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Emigrant [457] 29 146 53 15 400 23 238 15 39 458 4,990 149 568 309 98 1,428 173 1,022 110 218 1,998 18,294 746 8 972 154 215 87 2,749 1,190 28 48 16 185 321 880 3,484 81 5,097 761 1,145 410 11,208 7, 391 119 228 48 767 2,366 3,947 85 139 100 30 723 216 32 140 34 315 579 593 <• 204 3,111 954 170 630 172 213 9 514 475 179 860 474 324 26 930 26 15, 504 68,147 4,074 26, 337 7 39 45 11 111 16 1 28 98 416 434 148 1 278 54 110 1,234 5 10 33 192 152 86 89 47 102 70 35 44 254 274 61 882 1 235 4 258 1,050 2,576 2,901 1 817 19 1,215 403 628 8,064 19 167 0 299 058 1,733 246 T M ONTHLY LABOR R EV IEW 2 —LAST P E R M A N E N T R E S ID E N C E OP IM M IG R A N T A L IE N S A D M IT T E D A N D I N T E N D E D F U T U R E P E R M A N E N T R E S ID E N C E OF E M IG R A N T A L IE N S D E P A R T E D , D U R IN G N O V E M B E R , 1927, A N D FR O M JU L Y 1 TO N O V E M B E R 30, 1927, B Y C O U N T R IE S—Continued able Immigrant Country July to July to N ovember, November, November, November, 1927 1927 1927 1927 Armenia_____________ China_________________ India ____ _ _ ____ Japan _ ___ Palestine_____ _ ____ Persia______ __ ___ _ . Syria________ _ _______ Turkey in Asia_____ _______ Other Asia__________ . 1 96 9 27 46 3 41 5 31 Total, Asia_____________________ Canada___ _________________ Newfoundland_______ ______ M ex ico ______ ________ ( uba _ _ ____ ____ . Other W est Indies__ ____ British Honduras ____ Other Central America __ _ _____ B r a z il___ _ Other South America_______ _______ Other America_______ _____ 12 740 53 265 233 33 242 30 128 2 457 26 111 5 9 8 6 10 2,334 99 529 39 12 114 40 32 259 1,736 624 3,209 7,055 200 3,993 167 83 176 64 301 173 187 1,223 324 1,551 767 720 2 39, 549 1,160 26,051 1, 658 570 25 952 478 1,449 6 11,917 71,898 1,104 23 10 31 13 114 128 183 3 13 42 1 21 7 4 78 534 69 263 27, 758 142, 315 5,871 35,450 4 111 107 195 Total, America______________ E gypt____________________________________________ Other Africa. _____ _ ______ __ Australia _ N ew Zealand __ _____ _ . . . . Other Pacific Islands_______________ Total, oth ers______________ _ Grand total, all countries . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Emigrant [458] 88 4 10 47 13 139 330 41 675 5, 641 7 69 137 43 7 247 STATISTICS OF IMMIGRATION T a ble 3 —IM M IG R A N T A L IE N S A D M IT T E D A N D E M IG R A N T A L IE N S D E P A R T E D D U R IN G N O V E M B E R , 1927, A N D FROM JULY 1 TO N O V E M B E R 30, 1927, BY RACE OR PE O PLE , SE X , A N D AGE PE R IO D S Emigrant Immigrant Race or people July to July to November, November, November, November, 1927 1927 1927 1927 African (black) __ ___________________________ Armenian __ __ _ _______ __________ Bohemian and Moravian (Czech) _______________ Bulgarian, Serbian and Montenegrin . __ _______ Chinese. _ . .... ......................... ......... . ... ____ Croatian and Slovenian _ ______________________ Cuban __ ____ _ ______________ Dalmatian, Bosnian, and Herzogovinian....... ...... .......... Dutch and Flemish __ ___________________________ East Indian _________ _ _ _ . . ...... ......................... English ______________________________________ Finnish ________________________________________ French ___________ ________ _________________ German _ _ __ _ _ ______ _________________ Greek ______________________________________ Hebrew _____________ ___ _______ _______________ Irish __ _ ________________________________ Italian (north) ______ ___ ____________ Italian (south)__ _______________ _________________ Japanese _ _ __________________ ____________ Korean ____________________ _____________ _____ Lithuanian_________ ______________________________ Magyar _ _ __ ___ ________ ____ ______ ___ _ _____________________ Mexican Pacific Tslander _____ ___ _______________ Polish __________________ _____ ____________ ________ _ ____ _____________ Portuguese Rumanian ________ __ ___ __________________ _______ ___ ___________ Russian Rnthenian (Russniak) ____ ___ ____ ________ Scandinavian (Norwegians, Danes, and Swedes)______ ___ ________ ___ ____________ Scotch Slovak _____________________________________ _______ _ __ ____ _________ Spanish Spanish American____ __________ ________________ Syrian _________ _____ __ ________ Turkish _________ _______ ______________ Welsh __________________________ West Indian (except Cuban) __________________ ____ Other peoples ________________________________ Total __________________________________ Male Female ______________ ______ __ _________ __________________________________ Under 16 years 16 to 44 years ________________________________ ______________________________ -- 45 y e a r s a n d o v er T __ _________________ ________ - 42 3 58 147 455 71 103 30 90 16 742 36 95 489 284 23 136 68 1,201 114 1 11 57 315 1 138 87 80 58 2 296 200 54 140 140 7 10 2 48 21 254 22 509 733 2, 301 285 510 90 516 62 4, 263 290 964 3, 250 1,252 134 793 850 7,275 506 16 183 452 1,486 2 1,703 543 407 292 35 1,479 1,189 349 1,172 775 118 80 46 172 92 142,315 5,871 35, 450 75, 006 67, 309 4,436 1,435 24, 706 10, 744 23, 894 105, 266 13,155 279 4,142 1,450 1,667 24, 831 8,952 76 124 161 58 61 80 114 12 287 3 3,181 37 1, 693 5,823 263 1,010 4,095 215 1,128 23 2 44 100 3,886 458 550 625 288 514 394 1,185 52 1, 343 22 17,827 303 9,995 22,164 1,395 5, 321 18,176 1,138 6,800 252 11 167 501 25, 500 538 103 52 115 42 1, 522 2,123 187 72 207 38 19 175 39 50 1,868 396 188 586 155 7,618 11, 422 1, 016 588 1,743 316 93 850 250 245 27, 758 14, 675 13, 083 4, 339 20,839 2,580 4 . — A L IE N S A D M IT T E D D U R IN G N O V E M B E R , 1927, A N D FROM JULY 1 TO N O V E M B E R 30, 1927, SHOW ING PR IN C IP A L CLASSES U N D E R TH E IM M IG R A T IO N ACT OF 1924, BY PR IN C IP A L PLACES OF B IR T H , AS SP E C IFIE D able Aliens admitted Place of birth Nonimmigrant and nonquota immi grant Grand total Total during July 1 to Novem N ovem July to July to Novem ber 30, Novem Novem Novem ber, 1927 1927 ber, 1927 ber, 1927 ber, 1927 ber, 1927 Quota immigrant Europe............................................................... Asia _ _____________________________ ______ ____________ Africa Australia and Pacific Islands-----------------Canada, Mexico, and other America. 15, 143 100 19 23 67 63, 641 645 174 153 306 11,862 1, 674 37 294 12, 380 82,135 8,956 364 2,448 79, 515 27, 005 1, 774 56 317 12,447 145, 776 9, 601 538 2, 601 79, 821 Total____________________________ 15, 352 64,919 26, 247 173, 418 41, 599 238,337 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [459] 248 M O NTH LY LA B O R R E V IE W T a b l e 5 .—A LIEN S A D M IT T E D D U R IN G N O V E M B E R , 1927, A N D FROM JULY 1 TO NO V E M B E R 30, 1927, B Y CLASSES U N D E R TH E IM M IG R A T IO N ACT OF 1924 [The number of immigrants appearing in this table and in Table 4 is not comparable with the number of statistical immigrant aliens shown in the other tables, by ports of entry, race, or people, etc.] Novem ber, 1927 Class July to N ovem ber, 1927 N o n im m ig r a n ts Government officials, their families, attendants, servants, and employees ___ Temporary visitors for business or pleasure _ . __ ________ ____________ In continuous oassage through the United States _ _ _____________________ To carry on trade under existing treaty_____________________________________ T otal____ _ _ _ ___________________________ 465 4, 776 1,808 112 3,110 29, 384 11, 304 633 7,161 44, 431 2,073 6,787 9,962 57 90 11,432 51, 827 63,154 403 653 7 104 N o n q u o ta im m ig r a n ts Wives and children of United States citizens 1_____________________________ Returning residents _ _ _ _ _ _ _ _ _ _ _ _______ ____________________ Natives of nonquota countries2 _ __ __ _______ __________ _ _ Wives and children of natives of nonquota countries1__ _ _____ _ Ministers of religious denominations and their wives and children Professors of colleges, academies, seminaries, or universities and their wives and children __ _____ _ ___ ____ ________ Students __ _ _____ __ _ _ ______________________ ___ Veterans of the World War and their wives and children, _________ _______ Spanish subjects admitted to Porto Rico, __________________________________ 6 137 1, 257 104 20 ___ _________________________________ __ 19, 086 128, 987 Quota immigrants (charged to quota)_______________________________________ 15, 352 64, 919 41, 599 238, 337 T otal__ _ __ _________ Grand total admitted _ _____________ ____________________ ______ 1 Wives and unmarried children under 18 years of age born in quota countries. 2 Does not include aliens born in nonquota countries who were admitted under the act as Government officials, visitors, returning residents, etc. I n t e r n a t io n a l C o n fe r e n c e o f P r iv a te A s s o c ia tio n s for P r o te c tio n o f M ig r a n ts 1 HE fourth session of the International Conference of Private Organizations for the Protection of Migrants was held at Geneva, September 8 and 9, 1927. Delegates were in attend ance from 44 associations in various European countries and in the United States. Among the subjects for discussion were: T (1) S eparation of fam ilies of m ig ran ts in various countries. (2) Official recognition of p riv a te organizations fo r th e p ro tectio n of m igrants. (3) A ction to be ta k e n concerning frau d s co m m itted by certain tra n sp o rta tio n agents a t th e expense of m igrants. (4) R ep o rt on th e m ethods of cooperation of organizations m em bers of th e conference in th e different countries. (5) Q uestion of re tu rn in g em igrants disem barking w ith o u t resources. The following recommendations with reference to the separation of families were approved: (1) D raw ing a tte n tio n to th e im p o rtan ce of preserving th e u n ity of th e fam ily in connection w ith m igration. (2) U rging th e need fo r long notice to be given of a n y m easures w hich m ay have to be a d o p te d fo r special reasons a n d w hich m ay ren d er difficult th e a p p li cation of th e above principle. (3) U rging th e au th o ritie s a n d o th e r bodies to give info rm atio n to em igrants on an y difficulties w hich m ay be m et w ith in reu n itin g fam ilies in foreign coun tries. 1International Labor Office. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Record of Migration, Geneva, October, 1927, pp. 392-395. [460] CO N F E R E N CE — PR O TECTIO N OP M IGRANTS 249 (4) U rging th e passing of legislation to p re v e n t individuals from em igrating unless th ey have a chance of being jo in ed by th e ir n e a r relatives a n d to give p rio rity to such relatives am o n g th o se a u th o rized to m igrate. (5) N oting th e desirab ility of a n in te rn a tio n a l convention being concluded to gu aran tee an d facilitate th e carry in g o u t of fam ily obligations by relatives living abroad. (6) C alling upon th e p riv a te associations to do w h at th e y can to bring a b o u t th e application of th e above recom m endations a n d to help m ig ran ts in every possible way. Furthermore, a decision was reached to call public attention to serious cases of separated families and a recommendation made for a future study of the various causes of suffering among the families of migrants in relation to nationality laws, marriage, divorce, inheri tances, lack of adequate representation, etc. In connection with the situation in the United States the conference declared: (1) T h a t em igrants to th e U nited S tates should be inform ed as to th e m eaning of th e regulations of th a t country. (2) T h a t p rio rity should be g ra n te d am ong em igrants to persons desirous of joining n ear relatives alread y in th e U n ited States. (3) T h a t th e m easures w hich h a d been a d o p te d eith er by th e S enate or th e H ouse of R epresentatives for th e purpose of enlarging th e categories of non q u o ta im m igrants should be ad o p te d a n d applied. (4) T h a t places be reserved eith er inside or outside th e q u o ta for special cases involving extrem e hardship. Although aware of the importance of the right kind of cooperation between governments and the private associations for migrant aid, the conference agreed to leave to the national organizations them selves the matter of deciding as to the most desirable form of cooper ation in their respective countries. It also agreed to issue a brief memorandum based on the experience of the different organizations, explaining the present cooperative methods in use in the various countries. The conference will continue its endeavors to secure legal recog nition by official international bodies and will communicate its decision to do so to the international bodies concerned with migration problems. In line with this program a decision was reached to present a report to the Havana conference on international migration 2 on the official recognition of private organizations for the protection of migrants. “ This report should aim at facilitating and obtaining, if possible, (u) the effective recognition of the conference by inter national bodies; (b) the accomplishment of the tasks of all the inter national private associations which are concerned with the protection of migrants. ” Considerable progress was reported in methods of cooperation between the member organizations of the conference in a number of countries. 3 To be held March, 1928. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [461] ACTIVITIES OF STATE LABOR BUREAUS MONG the labor activities of State bureaus, the following, reported either directly by the bureaus themselves or through the medium of their printed reports, are noted in the present issue of the Labor Review: California.—Report on changes in number of employees and in amount of weekly pay roll in 790 industrial establishments, page 154. Iowa.—Report on changes in volume of employment, page 156. Maryland.—Statistics of change in volume of employment and weekly pay rolls in industries in that State, page 157. New Jersey.—Data showing changes in the volume of employment and in weekly pay rolls in 844 industrial establishments, page 158. New York.—Decrease in severity of industrial accidents, page 92; and report on changes in number of employees and in amount of weekly pay roll in some 1,600 factories in that State, page 160. Pennsylvania.—Report on changes in volume of employment and pay-roll totals, page 162. Wisconsin.—Data on changes in number of workers employed and total pay rolls in Wisconsin industries, page 163. 250 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [4621 PUBLICATIONS RELATING TO LABOR Official—United States I l l in o is .—-Board for V ocational E ducation. J u ly 1, 1 9 2 6 , to J u n e 3 0 , 1 9 2 7 . B u lle tin N o . 4 3 : A n n u a l S p r in g fie ld , N o v e m b e r, 1 9 2 7 . 4 3 r e p o r t, p p .; m a p s. In th e y ear covered by th e rep o rt, vocational courses in agriculture, in d u stria l education, a n d hom e economics were carried on in 237 cities in Illinois. T rad e a n d in d u strial education classes were conducted in 27 cities, a n d th e pupils enrolled in such classes to ta le d 27,986. K a n s a s .— Public Service Comm ission. Coal M ine Insp ectio n a n d M ine Rescue D ep artm en ts. A n n u a l r e p o r t , 1 9 2 6 . T o p e k a , 1 9 2 7 . 1 3 1 p p . W ith a p roduction of 4,562,955 tons, a n av erage w orking y ear of 144.6 days p er m ine, a n d a to ta l of 8,130 m en em ployed, th e m ines of th e S ta te were respon sible fo r 16 fa ta l an d 475 n o n fa ta l accidents in 1926, a n increase over 1925 of 5 fatalities a n d a decrease of 229 in n o n fatal accidents. I t should be sta te d , how ever, th a t these accidents included “ each sm all a n d insignificant in ju ry such as a slight scratch. ” M ost of th e m caused no loss of tim e. K e n t u c k y .— D e p artm e n t of Mines. 1 9 2 6 . L e x in g to n , 1 9 2 7 . 3 0 6 A n n u a l rep o rt fo r th e y e a r e n d in g D ecem b er, p p . C ontains th e usu al pro d u ctio n statistics, by m ine, by county, a n d by years back: to 1890; also a com plete directo ry of mines. T he e x te n t of em ploym ent is also given by county , by m ine, a n d by n atio n ality . An average of 62,006 persons were em ployed a t th e m ines a n d coke ovens during th e year, th e o u tp u t of coal being 1,026 tons p er m an, w hich is a n e t increase of 72 tons p er m an over 1925. T here were 178 fa ta l accidents, 9 being caused by explosions a n d 87 by falls of roof. A fa ta lity ra te of 2.8 p e r million tons of coal is indicated. N early 22 p er cen t of those killed h ad been w orking over 10 years. M a ssa c h u se t t s .— D e p a rtm e n t of E d u catio n . a id e d 4 6 v o c a tio n a l p p . a n d (R e p r in t p a r t-tim e fr o m th e e d u c a tio n n in e te e n th B u lle tin , in 1 9 2 7 , N o . M a s s a c h u s e tts . a n n u a l re p o rt o f th e 1 0 : S ta te - [ B o s to n ] 1 9 2 7 . d e p a r tm e n t o f e d u c a tio n .) T ables 1 to 8 give sta tistic s of S tate-aid ed a n d v o cational schools fo r 1925-26 an d T able 9, statistics concerning th e em ploym ent in 1926 of children 14 to 16 years of age. N ew M e x ic o .— In sp ecto r of C oal M ines. O c to b e r 3 1 , 1 9 2 6 . A lb u q u e r q u e [1 9 2 6 ? ]. R e p o rt 3 9 fo r th e fis c a l y e a r e n d in g p p . N otes th e occurrence of 15 fa ta l an d 610 n o n fatal accidents, th e la tte r causing a tim e loss of 12,610 days. T h e p ro d u ctio n of coal am o u n ted to a to ta l of 2,792,360 tons, giving a fa ta lity ra te of 5.4 p e r m illion tons, w hich is an im prove m en t of a b o u t 33 p er cen t over th e preceding year. P e n n s y l v a n ia .— D e p a rtm e n t of L ab o r a n d In d u stry . C hildren. S p e c ia l B u lle tin d e p a r tm e n t s to r e s . H a r r is b u r g , N o . 1 3 : T h e 1 9 2 6 . 5 6 p e rso n n e l B ureau of W om en an d p o lic ie s o f P e n n s y lv a n ia p p . T his stu d y covers th e hours of w ork a n d earnings of em ployees in P en n sy lv an ia d e p a rtm e n t stores as well as th e various personnel policies, including m eth o d s 82645°—28- -17 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1463] 251 252 M O N T H L Y L A B O R R E V IE W of em ploym ent, sto re train in g , insurance provisions, a n d recreatio n a n d o th e r facilities for th e h e a lth a n d com fort of em ployees. U n ited S t a t e s .— B ureau of Efficiency. A n n u a l r e p o r t f o r t h e p e r i o d f r o m N o v e m b e r 1, 1 9 2 6 , to O c to b e r 8 1 , ----- D ep artm en t of C om m erce. fo r th e fis c a l y e a r e n d e d J u n e 1 9 2 7 . W a s h in g to n , B ureau of M ines. 8 0 , 1 9 2 7 . 1 9 2 7 . v, S e v e n te e n th W a s h in g to n , 1 9 2 7 . 2 1 p p . a n n u a l r e p o r t, v , J+ 8 p p . ; c h a r ts . T his re p o rt contains brief sta te m e n ts reg ard in g th e different stu d ies of p ro b lem s of h ealth, san ita tio n , an d v en tilatio n , m ad e by th e b u reau du rin g th e year. T he subjects covered included v en tilatio n of m e ta l m ines; effects of poisonous petroleum vapors; poisoning from carbon m onoxide, te tra e th y l lead, a n d from lead in m ining of lead ores; d evelopm ent of effective ty p e s of re sp irato rs a n d gas m asks; an d a stu d y of sy n th etic atm ospheres in caisson disease. ------ D e p artm en t of L abor. B ureau of L abor S tatistics. B u l l e t i n N o . 4 5 4 H o u rs a n d in g to n , e a r n in g s 1 9 2 7 . 6 6 in b itu m in o u s co a l m in in g , 1 9 2 2 , 1 9 2 4 , a n d 1 9 2 6 . W a s h p p . An ad vance su m m ary of th is bu lletin was published in th e L ab o r R eview for July, 1927 (pp. 89-97). ---------------------- B u l l e t i n N o . 4 5 5 ; P r o c e e d i n g s o f t h e f o u r t e e n t h a n n u a l c o n v e n t i o n o f th e A s s o c ia tio n C a n a d a , 131 h e ld a t o f G o v e r n m e n ta l P a te r s o n , N . J ., L a b o r M a y O ffic ia ls 3 1 - J u n e o f 8 , th e 1 9 2 7 . U n ite d S ta te s W a s h in g to n , a n d 1 9 2 7 . p p . A brief accoun t of th is co nvention was published in th e L abor Review for July, 1927 (pp. 39, 40). -------------- E m ploy m en t Service. I n d u s t r i a l , a g r i c u l t u r a l , a n d g e n e r a l e m p l o y m e n t p r o s p e c ts f o r 1 9 2 8 . W a s h in g to n , ------ G overnm ent P rin tin g Office. tio n , o f n a tu r a liz a tio n , p u b lic a tio n s m e n ts , c itiz e n s h ip , r e la tin g W a s h in g to n , to D . 1 9 2 7 . C h in e s e , above C . in , 2 0 p p . S u p erin ten d en t of D ocum ents. J a p a n e s e , s u b je c ts fo r W a s h in g to n , — 1 2 th e d . ------ In te rs ta te Com m erce Com m ission. s a le N eg ro es, b y a n d Im m ig r a a lie n s . S u p e r in te n d e n t S e p te m b e r , 1 9 2 7 . 1 0 o f L is t D o c u p p . P r ic e lis t 6 7 1 9 2 6 , to O c to b e r 3 1 , 1 9 2 7 ]. F o r ty -fir s t W a s h in g to n , a n n u a l 1 9 2 7 . v, re p o rt 3 1 9 [N o v e m b e r 1, p p . D a ta on accidents to em ployees, passengers, a n d others, on th e ste a m railroads of th e U nited S tates in 1926, ta k e n from th is rep o rt, are published on page 88 of th is issue. -------------- B u reau of S tatistics. A c c i d e n t b u l l e t i n N o . 9 5 : C o l l i s i o n s , d e r a i l m e n t s , a n d o th e r a r is in g y e a r a c c id e n ts fr o m 1 9 2 6 . th e r e s u ltin g o p e r a tio n W a s h in g to n , o f in in ju r y s te a m 1 9 2 7 . to p e rso n s, r a ilw a y s v, 1 1 6 in e q u ip m e n t, in te r s ta te o r ro a d b ed , co m m erce, c a le n d a r p p . Some of th e d a ta included in th is rep o rt, derived from th e a n n u a l re p o rt of th e In te rs ta te Com m erce Com m ission, a p p ears in an article on page 88 of th is issue. ------ Law s, S ta tu te s, etc. C o m p i l a t i o n o f l a w s r e l a t i n g t o m e d i a t i o n , c o n c i l i a t i o n , a n d r ie r s a n d a r b itr a tio n a n d b e tw e e n e m p lo y e r s e m p lo y e r s ’ lia b ility D o c u m e n t R o o m , ------ T reasu ry S u rg e o n m a p s, a n d H o u se D e p a rtm e n t. G en era l fo r th e e m p lo y e r s a n d s u b o r d in a te la w s . e m p lo y e e s ; o ffic ia ls C o m p ile d o f R e p r e s e n ta tiv e s . Public fis c a l H e a lth y e a r 1 9 2 7 . u n d e r b y E lm e r la w s d is p u te s L a b o r A . L e w is , W a s h in g to n , Service. B o a rd ; 1 9 2 7 . A n n u a l W a s h in g to n , 1 9 2 7 . b e tw e e n 8 -h o u r ca r la w s ; S u p e r in te n d e n t 6 6 re p o rt v ii, p p . o f 3 5 5 th e p p .; c h a r ts . A review of th e w ork of th e division of in d u stria l hygiene a n d sa n ita tio n is given on page 94 of th is issue. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [464] 253 PU B L IC A T IO N S R E L A T IN G TO LABO R Official—Foreign Countries A u st r a l ia .— R oyal C om m ission on N atio n al In su ran ce. C a s u a l s ic k n e s s , 5 3 -------------- S e c o n d ---------------T 11 p e r m a n e n t in v a lid ity , m a te r n ity , o ld F ir s t [M age. p ro g ress r e p o r t. e l b o u r n e ?] 1 9 2 5 . p p . p r o g r e s s r e p o r t. h ir d p ro g ress U n e m p lo y m e n t. r e p o r t. D e s titu te [ M e lb o u r n e ? ] [M a llo w a n c e s . 1 9 2 7 . 4 -3 p p . e l b o u r n e ?] 1 9 2 7 . p p . --------------- F o u r th a n d [ M e lb o u r n e ? ] f i n a l 1 9 2 7 . r e p o r t. 2 0 M e m b e r s h ip , ------ (Q u e e n s l a n d ). — Insurance office. e n d ed J u n e 3 0 , 1 9 2 7 . fin a n c e , a n d a d m in is tr a tio n . p p . B r is b a n e , E le v e n th 1 9 2 7 . 4 0 a n n u a l r e p o r t, fo r th e y e a r p p . T he re p o rt show s a successful year, p a rtic u la rly in th e d e p a rtm e n ts of fire a n d life insurance. “ I stress th e fa c t th a t th e fu n d s of th e life d e p a rtm e n t, w hich com m enced business on Ja n u a ry 1, 1918, now sta n d a t £1,189,163, a n d th a t fo r th e y ear ended D ecem ber 31,1926, on th e a c tu a ry ’s recom m endation, * * * bonuses on w ith p ro fit’ policies, of 30s. endow m ent assurance a n d endow m ents, a n d 45s. on ‘whole of life ’ policies (an increase of 25 p er cen t on th e bonuses declared fo r th e preceding year) have been d eclared .” ------ (T asm an ia ). — In d u stria l d ep a rtm e n t. w a g es b o a rd s, sh o p s, e tc ., 1 9 2 6 -2 7 . T w e lfth H o b a r t, a n n u a l 1 9 2 7 . 2 6 re p o rt o n fa c to r ie s , p p . T he nu m b er of persons em ployed in factories w as 9,171 in 1926-27, as ag ain st 9,099 in th e preceding year. B e l g iu m .— Ministère de l ’Industrie C o m p te -r e n d u la lo i d e 1 4 d es tr a v a u x ju in 1 9 2 1 q u a r a n te -h u it h e u re s, de la du Travail et de la Prévoyance Sociale. c o m m is s io n in s titu a n t la 1 9 2 4 -1 9 2 6 . ch a rg ée jo u r n é e B r u s s e ls , de d e h u it 1 9 2 7 . s ’e n q u é r i r h e u re s 4 6 7 et d es la e ffe ts de s e m a in e de p p . R eview ed on page 122 of th is issue. C a n a d a .— D e p a rtm e n t of L abor. 1 9 2 7 . 8 8 L a b o r G reat B r it a in .— M in istry of Labor. o n th e le g is la tio n in C a n a d a , 1 9 2 6 . O tta w a , p p . n u m b e r o f p e rso n s E ffe c t d r a w in g o f b e n e fit. th e u n e m p lo y m e n t L o n d o n , 1 9 2 7 . in s u r a n c e 6 p p . b ill {C m d 2 9 8 7 .) An m ent m ent o th er a tte m p t to calculate how m an y persons will be excluded from u nem ploy benefit by th e provisions of th e bill now before P arliam en t. T h e G overn estim ates th a t, allow ing for th e hoped-for decrease of u n em p lo y m en t a n d factors, th e n u m b er will be reduced by 30,000. ------ N atio n al H e a lth In su ran ce (In te rn a tio n a l A rrangem ents) B oard. to th e n a tio n a l h e a lth c o m m is s io n e r s . in s u r a n c e L o n d o n , 1 9 2 7 . jo in t 2 7 c o m m itte e p p . {C m d . a n d to th e I r is h R e p o rt in s u r a n c e 2 9 6 5 .) W hen th e Irish F ree S ta te was established in 1922 i t becam e necessary to se p arate th e system of n atio n al h e a lth in su ran ce w ith in its a rea from th e system in th e re s t of th e U nited K ingdom . T his re p o rt contains th e recom m endations a n d arran g em en ts m ad e by th e In te rn a tio n a l A rrangem ents B oard concerning th e ap p o rtio n m en t of funds a n d th e financial a d ju stm e n ts req u ired as a re su lt of th e severance. I n d ia .— D e p artm en t a b s tr a c t I n d ia n fo r of B r itis h S ta te s , fr o m C om m ercial Intelligence In d ia , 1 9 1 6 -1 7 w ith to s ta tis tic s , 1 9 2 5 -2 6 . w h ere an d S tatistics. a v a ila b le , C a lc u tta , 1 9 2 7 . r e la tin g x i, 7 0 7 S ta tis tic a l to c e r ta in p p . Includes d a ta on cooperative societies, em igration, w holesale an d re ta il prices, num ber of persons em ployed in different in d u stries, a n d d istrib u tio n of popu latio n b y occupation as ob tain ed in th e in d u stria l census of 1921. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [465] 254 M O NTH LY L A B O R R E V IE W I n ter n a t io n a l L abor O f f ic e .— n a tio n a l tw o L a b o r p a r ts . C o n fe r e n c e , 2 5 4 , 1 4 5 R e p o rt te n th o f th e s e s s io n , d ir e c to r G en eva , [s u b m i t t e d 1 9 2 7 ]. to G en eva , th e In te r 1 9 2 7 . I n p p . P a rt I review s th e general a ctiv ities of th e In te rn a tio n a l L ab o r O rganization, its in tern al developm ent, e x tern al relations, a n d th e resu lts produced. P a rt I I sum m arizes th e a n n u a l re p o rts su b m itte d in p ursuance of article 408 of th e Versailles T re a ty of Peace. ------ S t u d i e s a n d r e p o r t s , s e r i e s A ( i n d u s t r i a l r e l a t i o n s ), N o . 2 8 : F r e e d o m o f A s s o c ia tio n . ------ S t u d i e s • m e n t in V o l. a n d 1, C o m p a r a tiv e r e p o r ts , E u ro p e , b y s e r ie s P a u l B a n a ly s is . (e c o n o m ic D e v in a t. G en eva , 1 9 2 7 . c o n d itio n s ), G en eva , 1 4 0 N o . 1 7 : 1 9 2 7 . x v , 2 6 1 p p . S c ie n tific m a n a g e p p . T his stu d y w as u n d e rta k e n on behalf of th e X X th C en tu ry F u n d to fu rnish a basis on w hich to e stim a te th e chances of success a n d to determ in e w h a t should be th e pro g ram of w ork of a n in te rn a tio n a l in s titu tio n such as h a d been proposed for th e stu d y of questions connected w ith th e scientific org an izatio n of p roduction. T he volum e p resen ts in fo rm atio n on th e g row th a n d progress of th e m ovem ent for scientific m an ag e m en t in in d u stry , th e in stitu tio n s w hich h av e been created to deal w ith th e subject, a p p licatio n of th e p rinciples of scientific m an ag em en t, an d opinions reg ard in g it. A b ibliography of G erm an a n d 'F re n c h w orks on scientific m an ag em en t is appended. A nother appendix gives th e c o n stitu tio n an d rules of th e In te rn a tio n a l M anage m en t In s titu te w hich w as founded in 1927 w ith M r. P au l D ev in at, th e a u th o r of th is w ork, as th e d irector. T h e in s titu te will be m anaged by a b o ard of 12 m em bers com posed of 3 re p resen tativ es of th e X X th C e n tu ry F u n d , 3 re p re se n ta tiv e s of th e governing b ody of th e In te rn a tio n a l L ab o r Office (representing th e govern m ents, em ployers, a n d w orkers, respectively), a rep rese n ta tiv e of th e In te rn a tio n al C om m ittee for Scientific M anagem ent, a n d 5 experts n o m in ated by th e first seven founder m em bers of th e in stitu te . N e t h e r l a n d s E a st I n d ie s .— D e p a rte m e n t v an L andbouw , N ijv erh eid en H andel. C en tra a l K a n to o r voor de S tatistiek . M e d e d e e l i n g e n N o . 4 6 : P r ijz e n , x x x ii, in d e x c ijfe r s 1 7 3 p p .; e n w is s e lk o e r s e n o p J a v a 1 9 1 3 -1 9 2 6 . B a ta v ia , 1 9 2 7 . c h a r ts . A re p o rt on prices, price indexes, a n d exchange ra te s in Ja v a , 1913 to 1926. R ik sfo rsik rin g san stalten . S y k e - N orw ay .— [D ep a rte m e n te t for Sociale Saker.] fo r s ik r in g e n s ta tis tik k , fo r a ret V I I I , 1 9 2 6 . O s lo , 1 9 2 7 . [6], 8 2 p p .; c h a r t. (N o r g e s o ffis ie lle 4 3 .) A nnual re p o rt of th e S ta te In su ra n c e In s titu tio n of N orw ay on sickness insurance in th a t co u n try in 1926, w ith som e co m p arativ e d a ta for earlier years. P e r u .— D e p a rtm e n t of T reasu ry a n d Com m erce. tic a l a b s tr a c t o f P e r u , 1 9 2 6 . L im a , 1 9 2 7 . x i. B u reau of S tatistics. 2 0 7 S ta tis p p . Besides com parativ e v ital, financial, a g ricu ltu ral, a n d com m ercial statistics, th is volum e contain s d a ta on w holesale a n d re ta il prices a n d cost of living an d in d u strial acciden t statistics. A verage re ta il prices of specified food articles a n d in d u strial acciden t statistics, ta k e n from th is rep o rt, are given on pages 238 an d 93 of th is issue. S w e d e n .— [S ociald ep artem en tet.] Socialstyrelsen. K o o p e r a tiv v e rk sa m h e t i S v e r ig e , d r 1 9 2 5 . S to c k h o lm . 1 9 2 7 . [ V a r io u s p a g in g .] R ep o rt on th e Swedish cooperative m o v em en t for th e y ear 1925. U n io n of S outh A fr ica .— D e p a rtm e n t of L abor. Chief In sp e c to r of F ac tories. A n n u a l r e p o r t f o r t h e y e a r 1 9 2 6 . P r e t o r i a , 1 9 2 7 . 3 7 p p . D a ta on facto ry conditions, ta k e n from th is rep o rt, a p p e a r on page 80 of th is issue. ------ Office of C ensus a n d S tatistics. F o u r t h c e n s u s o f t h e p o p u l a t i o n o f t h e U n i o n o f S o u th A fr ic a , e n u m e r a te d M a y 4 , 1 9 2 6 . P a r t I —P o p u la tio n : N u m b e r, sex, 1 9 2 7 . a n d g e o g r a p h ic a l x i, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8 5 d is tr ib u tio n o f p p . [466] th e E u r o p e a n p o p u la tio n . P r e to r ia , 255 PU B L IC A T IO N S R E L A T IN G TO LABO R Unofficial A c h in s t e in , A s h e r . C o lu m b ia s tu d ie s B u y in g U n iv e r s ity in h is to r y , p o w e r P re ss, e c o n o m ic s , o f 1 9 2 7 . a n d la b o r 164- p u b lic a n d P P -1 la w , p o s t-w a r c h a r ts . N o . c y c le s . N e w ( C o lu m b ia Y o r k , U n iv e r s ity 2 9 2 .) T his stu d y , w hich is confined chiefly to fa cto ry labor, co n tain s d a ta on cyclical flu ctu atio n s of p ay rolls a n d of purch asin g pow er a n d p ro d u ctio n in m an u factu rin g establishm ents, 1919-1925, a n d cyclical flu ctu atio n s of p ecu n ia ry volum e of production, p ay rolls, a n d lab o r cost, w ith an analysis of th e flow of p u rchasing pow er as a causal fa c to r in th e course of th e p o st-w ar business cycles. M any tab les a n d ch arts are included. A m erican F ed e r a t io n of L a bo r . M etal tra d e s d e p a rtm e n t. P r o c e e d i n g s o f th e n in e te e n th 1 9 2 7 . a n n u a l c o n v e n tio n , [ W a s h in g to n f] 1 9 2 7 . 61 h e ld a t L o s A n g e le s , C a lif., S e p te m b e r 2 8 -3 0 , p p . T he re p o rt of th e p resid en t of th e d e p a rtm e n t to th is m eeting included special com m ent on th e enorm ous d ev elopm ent of th e flying-m achine in d u stry , in which th e w orkers are to ta lly unorganized. T he need fo r th e u n ionization of w om en in th e m etal tra d e s w as also stressed a n d organized la b o r’s position reem phasized in regard to equal p a y for eq u al w ork. ------ New Y ork branch . O f f i c i a l b o o k . P r o c e e d i n g s , s i x t y - f o u r t h a n n u a l c o n v e n tio n , a t S y ra c u se , A u g u s t 2 3 -2 5 , 1 9 2 7 . A lb a n y , 1 9 2 7 . 2 1 9 p p . Among th e resolutions ad o p ted a t th is co nvention were th e following, fa v o r ing : A m endm ents an d ad d itio n s to th e w orkm en’s com pensation law ; legislation to p ro te c t union bakeries a g a in st tru s ts ; increased ap p ro p ria tio n s to th e S ta te em ployees’ retirin g fu n d ; am en d m en ts to S ta te law s so as to elim inate in ju n ctio n s; th e in tro d u ctio n of a bill to p re v e n t w om en a n d children living on lighters, scows, an d barges in th e p o rt of New Y ork; a clause in c o n tra c ts fo r m unicipal w ork stip u latin g t h a t th e m aterials th erefo r shall be m ad e in A m erica. A m erican S ociety lite r a tu r e (u p to of M ec ha nic al E n g in e e r s . F e b ru a ry , 1 9 2 7 ). N e w Y o rk , 2 9 B ib lio g r a p h y W e s t 3 9 th o f m a n a g e m e n t S tr e e t, 1 9 2 7 . 6 7 p p . Includes sections on econom ics; fatig u e (in d u strial); in d u stria l relations, cover ing em ployee rep resen tatio n , housing, lab o r tu rn o v e r, stab ilizatio n of em ploy m ent, and unem ploym en t; personnel; safety ; a n d wages. A m erican T rade U n io n D eleg a tio n y e a rs. N e w Y o rk , In te r n a tio n a l to the P u b lis h e r s , S oviet U n io n . 1 9 2 7 . 9 6 p p .; R u s s ia a fte r te n m a p . A brief account of th e findings of th e A m erican lab o r delegation w hich visited R ussia in 1927. T he ch airm an of th e delegation w as Jam es H . M aurer, p resid en t of th e P ennsylvania S ta te F e d eratio n of L abor. A t k in s o n , H e n r y . L o n d o n , E rn e st B a r g er o n , L. l ’o u v r i e r C o o p e r a tiv e B e n n { L td .) , L ’O r i e n t a t i o n p r o d u c tio n — 1 9 2 7 . 2 1 4 p r o fe s s io n n e lle : b ijo u tie r -jo a illie r . P a r is , F é lix th e P r ie s tm a n -A tk in s o n s y s te m . PPC o n tr ib u tio n A lc a n , 1 9 2 6 . a 3 8 l ’é t u d e d es m é tie r s — p p . T his m onograph on th e jew elry in d u stry is in ten d ed for use in th e vocational guidance of young persons. T h e w orking conditions in th e m an u factu re of jew elry a n d th e physical a n d m e n ta l a ttrib u te s necessary for success in th is tra d e are outlined. In fo rm atio n is also given as to th e term s of app ren ticesh ip in F ran ce a n d th e o p p o rtu n ities for em plo y m en t a fte r ap p ren ticesh ip is finished. B a r o u , N. T h e c o o p e r a t i v e m o v e m e n t i n t h e U . S . S . R . a n d i t s f o r e i g n t r a d e . L o n d o n , 1 9 2 7 . 3 2 B im b a , A n th o n y . In te r n a tio n a l p p . T h e h is to r y P u b lis h e r s , o f 1 9 2 7 . th e 3 6 0 A m e r ic a n w o r k in g c la s s . N e w Y o r k , p p . A survey of lab o r a n d th e lab o r m o v em en t in th e U n ited S tates from colonial tim es to th e p resen t d ay . E m phasizes th e m a te ria list conception of historical m ovem ents a n d events. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [4 6 7 ] 256 M O NTH LY LA BO R R E V IE W B u ffa lo E duc a tio na l C o u n c il . th e f a c ilitie s c ia tio n fo r e x is tin g in th e c ity A d u lt E d u c a tio n , A d u lt e d u c a tio n o f B u ffa lo , 4 1 E . 4 2 d S t. N . in a Y . c o m m u n ity — N e w [1 9 2 7 ? ]. Y o r k x v , 1 9 2 , a su rv e y A m e r ic a n o f A s s o p p . P a rt I is a stu d y of in s titu tio n s com prising th e Buffalo E d u catio n al Council. P a r t I I is a stu d y of th e in d iv id u al a d u lt stu d e n t, w hich is based upon d a ta secured from th e s tu d e n t him self. C a l if o r n ia , U n iv e r sit y o f . College of A griculture. A gricultural E x p erim en t S tation. E c o n o m i c a s p e c t s o f t h e d a i r y i n d u s t r y , b y E d w i n C . 1 o o r h i e s . B e r k e le y , 1 9 2 7 . 1 9 2 p p .; m a p s , c h a r ts . (B u lle tin 4 3 7 .) Figures show ing th e wages of m ilkers in th e d airy in d u stry in C alifornia, ta k e n from th is rep o rt, are published on page 121 of th is issue. C a r n e g ie E n d o w m en t s o c ia le N e w d e la H a v e n , Y a le I n ter n a t io n a l P e a c e . for g u e rre m o n d ia le : U n iv e r s ity C h ô m a g e P re ss, et H is to ir e p la c e m e n t, 1 9 2 7 . x ii, 1 2 8 p a r é c o n o m iq u e A n d r é et C réh a n g e. p p . T he volum e deals w ith th e d isru p tiv e effect of th e w ar upo n ag ric u ltu ra l a n d in d u strial em ploym en t in F ran ce a n d gives th e resu lts of th e m eth o d s em ployed in m eeting th e situ atio n , including th e in s titu tio n of n atio n al u n em p lo y m en t funds an d organization of a n em plo y m en t system . T h e appendixes co n tain th e te x t of th e princip al m in isterial circulars a n d decrees issued. •-------------- L ’ o r g a n i z a t i o n d u t r a v a i l d a n s l a r é g i o n e n v a h i e d e l a F r a n c e p e n d a n t l ’o c c u p a t i o n , x x , 16 1 p a r P ie r r e B o u lin . N e w H a v e n , Y a le U n iv e r s ity P re ss, 1 9 2 7 . p p . T he lab o r conditions to w hich th e F ren ch p o p u latio n of th e te rrito ry in v ad ed during th e W orld W ar were su b jected form s th e su b je c t of th is volum e. An acco u n t is given of th e econom ic im p o rtan ce of th e in v ad ed te rrito ry , a n d of th e forced lab o r of th e civilians a n d conditions u n d er w hich th e y w orked. C o h e n , J . L. M o t h e r s ’ a l l o w a n c e l e g i s l a t i o n i n C a n a d a — a l e g i s l a t i v e r e v i e w a n d a n a ly s is w ith a p ro p o se d “ s ta n d a r d ” a c t. T o r o n to , 1 9 2 7 . 1 3 4 PP- A nalyzes th e various provisions of th e m o th e rs’ allow ances a c ts w hich a re in force in five o u t of th e nine C an ad ian Provinces. C oo perative P roductive F e d e r a tio n (L t d .). L e ic e s te r , A llia n c e D a n e , E dm und. th e o r y C h a m b e rs, W a g e s o f w a g es. a n d H o r s e fa ir la b o r L o n d o n , S t., c o s ts : M a c m illa n A & C o -o p e r a to r s ’ 1 9 2 7 . 1 3 6 s ta te m e n t o f C o . { L td .), p p ., th e 1 9 2 7 . y e a r b o o k 1 9 2 7 . illu s tr a te d . e c o n o m ic ix , la w s 1 9 4 a n d PP- D iscusses th e rise of th e m odern w age sy stem ; th e econom ic source of wages; th e q u a n tita tiv e , q u a lita tiv e , d istrib u tiv e, a n d com petitive law s of wages; prices a n d wages; flu ctu atio n s in w ages; ta x a tio n a n d wages; fu tu re of th e wage sys tem ; th e “ in d u stria l re v o lu tio n ” ; a n d effects of public policy on wages. D elpeuch , A n dr é. L e c in é m a . P a r is , G a s to n D o in et C ie , 1 9 2 7 . v i, 2 9 2 p p . T his is a general acco u n t of th e d ev elopm ent of th e m oving-picture in d u stry . D ouglas , P a ul H . W a g e s a n d t h e f a m i l y . C h ic a g o , U n iv e r s ity o f C h ic a g o P r e s s , 1 9 2 7 . x iv , 3 0 4 p p . 2 d ed. Some slight changes in th e te x t have been m ade in th is new edition w hich also has a su p p lem en tary appendix giving various im p o rta n t d evelopm ents in th e fam ily-allow ance m ov em en t in th e 18 m o n th s a fte r th e first issue w'as published. E m ploy ers ’ F e d e r a tio n m e e tin g , S e p te m b e r of 2 9 , N ew S outh W a l e s . 1 9 2 7 . S y d n e y , 1 9 2 7 . R e p o rt 4 5 o f tw e n ty -fifth a n n u a l p p . Among th e in terestin g sections of th is re p o rt is one on th e basic wage in q u iry , 1926-27, an d an o th e r on th e fam ily endow m ent a c t a n d th e basic w age act. F é d é r a tio n d e la p p ., N a tio na le c o o p é r a tio n des { 5 e a n n é e ), C oo pér ativ es 1 9 2 6 —1 9 2 7 . de P a r is , C onsom m ation . 8 5 R u e C h a r io t, A n n u a ir e 1 9 2 6 . 6 3 9 illu s tr a te d . F ifth yearbook of th e N atio n al F ed eratio n of C onsum ers’ C ooperative Societies of France. In th re e p a rts. P a rt I contains d escriptions of th e fed eratio n , th e https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [468] 257 PUBLICATIONS RELATING TO LABOR regional federations, th e wholesale society, th e B ank of th e C ooperative Societies, th e Superior C ouncil of C ooperation, a n d articles by w ell-know n cooperators. P a r t I I gives a list of consum ers’ societies, b y locality a n d D e p a rtm e n t, an d certain statistic s concerning th e societies. P a rt I I I con tain s th e te x ts of th e law s governing cooperative societies, describes th e procedure to be followed by cooperative societies, a n d gives sam ples of by-law s, form s, etc. F o reign L a ng ua g e I nform ation S e r v ic e . U n ite d 1 8 0 S ta te s , p p .; b y M a r ia n S c h ib s b y . H a n d b o o k N e w Y o r k , fo r im m ig r a n ts 2 2 2 F o u r th to A v e ., th e 1 9 2 7 . m a p . Issued in th e hope of enabling im m ig ran ts to ta k e th e ir p a rt m ore quickly in A m erican life, to m ake th e m ost of th e ir o p p o rtu n ities, a n d to co n trib u te th e ir best to th e ir new country . F o r se y , E u g e n e . T o r o n to , v e r s ity E c o n o m ic M a c m illa n e c o n o m ic C o. s tu d ie s , a n d o f s o c ia l a s p e c ts C a n a d a N o . (L td .) o f th e N o v a [1927?]. S c o tia 1 2 6 co a l p p . in d u s tr y . ( M c G ill U n i 5 .) T he problem of th e coal in d u stry in N ova Scotia is declared to be one of m arkets. T he a u th o r th in k s it q u ite im p o rta n t th a t th e m ines of th e Province should n o t have to m eet u n fair com petition from cen tral C an ad a or th e U nited States. G e n e r a l E lectric Co. S a f e t y r u l e s f o r c o m p r e s s e d g a s e s a n d g a s a p p a r a t u s . S c h e n e c ta d y , O c to b e r H a r d y , G eo r g e . P ro p a g a n d a 1 9 2 7 . 4 8 1 9 2 7 . T h e 1 1 7 s tr u g g le C o m m itte e o f p p .; o f d ia g r a m s . B r itis h T r a n s p o r t se a m e n . W o rk e rs, 3 8 L o n d o n , G rea t In te r n a tio n a l O rm o n d S t., W C 1, p p . H e l e n S. T r o u n st in e F o u n d a tio n and Y oung W o m e n ’s C h r ist ia n A sso ciation of C in c in n a t i . W a g e -e a r n in g g ir ls in C in c in n a ti— th e w a g es, e m p lo y m e n t, F ra n c e s h o u s in g , Iv in s fo o d , R ic h . r e c r e a tio n , C in c in n a ti, a n d 1 9 2 7 . e d u c a tio n 7 6 , H i p p ., o f a s a m p le g ro u p , m im e o g r a p h e d ; b y c h a r ts . R eview ed on page 83 of th is issue. H o u g h t e l in g , in L e il a . C h ic a g o . T h e C h ic a g o , in c o m e a n d U n iv e r s ity s ta n d a r d o f o f C h ic a g o liv in g o f P re ss, u n s k ille d 1 9 2 7 . x v ii, la b o r e r s 2 2 4 P P- R eview ed on page 236 of th is issue. I n d r i, G io v a n n i. d e 2 7 8 P o u r V a s s is ta n c e . p p ., la s a n té R o m e , d es C a is s e o u v r ie r s — N a tio n a le d e u x a n s p o u r le s d ’a c t i v i t é d a n s A ssu ra n c e s le d o m a in e S o c ia le s , 1 9 2 7 . illu s tr a te d . An acco u n t of th e w ork of th e Ita lia n N atio n al Social In su ran ce F u n d in th e reh ab ilitatio n of w orkers. A description is given of th e m ethods of tre a tm e n t a n d care given in th e different convalescent hom es. I n st it u t e P a c ific of g en era l s e s s io n , h is to r y a n d 1 9 2 7 . 1 6 -------------- A -------------- E w h ic h ffe c t B y O ffic e . I n t e r n a t io n a l I I . G . H . im m ig r a tio n 1 9 2 7 . o f 1 0 A s ia tic p a p e r p re p a re d im m ig r a tio n S c h o le fie ld , a n d T . D . in fo r N e w H . se c o n d Z e a la n d , H a ll. its H o n o lu lu , go. G . L . W o o d . a s p e c ts F e d e r a t io n 31 o n th e D iffe r e n c e s H o n o lu lu , A m s te r d a m , la w s a n d th e ir w o r k in g , b y A . H . C h a r te r is . p p . m ig r a tio n ------ -------- L e g i s l a t i v e L a b o r b y P r e lim in a r y 1 9 2 7 . p p . m ig r a n ts g r a tio n . 1 5 -2 9 , le g is la tio n , u s tr a lia n H o n o lu lu , R e l a t io n s . J u ly e c o n o m ic in H o n o lu lu , o f c o n d itio n s ta n d a r d s A s ia tic 1 9 2 7 . 2 8 of T rade 1 9 2 7 . o f la b o r e r s o f liv in g 1 5 p p . m ig r a tio n , a s p re p a re d a in th e b a r r ie r b y la n d s to to im m i In te r n a tio n a l p p . U n io n s . T e s s e ls c h a d e s tr a a t, 1 9 2 7 . F ifth 8 0 y e a rb o o k , 1 9 2 7 . P a r t p p . C ontains brief rep o rts on m em bership, activ ities, etc., for 1925 a n d 1926, from th e n atio n al centers affiliated w ith th e In te rn a tio n a l F ed eratio n of T rad e U nions a n d from th e in te rn a tio n a l tra d e secretariats. P a rt I of th is yearbook was n o ted in th e Ju n e, 1927, issue of th e Review . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [469] 258 MONTHLY LABOR R E V IE W L ie u , D . K . C h i n a 's in d u s tr ia l E c o n o m ic a n d in d u s tr ie s fin a n c ia l In fo r m a tio n , a n d fin a n c e ; q u e s tio n s . 1 9 2 7 . x iv , b e in g P e k in g , 2 3 8 a s e r ie s C h in e s e o f s tu d ie s in G o v e rn m e n t C h in e s e B u r e a u o f p p . T he seven sections of th is volum e deal, respectively, w ith th e following su b jects: (1) T he in d u stria l d ev elopm ent of C hina; (2) th e financial o rganization of C hina; (3) in d u strial a n d financial sta tistic s of C hina; (4) th e Liken sy stem a n d its effects on industries an d finance; (5) in te rn a tio n a l a d m in istra tio n a n d financial control of Chinese railw ays; (6) th e iron a n d steel in d u stry in C hina— its cost a n d p ro duction; an d (7) developm ent of C hinese silk w eaving in d u stry . N a tio n a l C iv ic a lm s h o u s e s W om an’s D e p a rtm e n t. F e d e r a t io n . in C o n n e c tic u t, N e w J e r s e y , N e w Y o r k , S tu d y a n d o f a g ro u p P e n n s y lv a n ia . o f N e w Y o r k , 1 0 5 W . 40 t h S t . , 1 9 2 7 . 9 5 p p . A rep o rt based u pon visits of in v estig atio n to 20 alm shouses in New Y ork, 12 in New Jersey, 19 in C onn ecticu t, a n d 24 in P en n sy lv an ia. A brief re p o rt upon th e in dividual in stitu tio n s follows a discussion of th e general situ a tio n disclosed. T he conclusion reached is th a t th e evils of th e alm shouse system arise from p o p u lar indifference to th e m a tte r, a n d th a t th e y can be easily an d effectively rem edied w henever th e people in general so desire. “ M ost earnestly it [the w o m an ’s d e p a rtm e n t] pleads for general realizatio n of th e fa c t th a t th e A m erican alm shouse is a social problem , a n d th a t it needs only an aw akened social conscience to m ak e it th e in s titu tio n it can be— a hum an e, decent hom e for those for w hom society m u st care, a n d a scientific, efficient, a n d even m ore h um an e refuge fo r th e chronic sick fo r w hom society has no o th er place.” N a tio n a l I n d u s t r ia l ea rn ers, ix , 6 0 C onference s u p e r v is o r s , a n d B oard. e x e c u tiv e s . S u p p le m e n ta l N e w Y o r k , 2 4 7 b o n u se s P a r k fo r w a g e A v e n u e , 1 9 2 7 . p p . T he re p o rt covers th e su p p lem en tal bonus plans of 107 com panies em ploying 326,175 w orkers, of w hom 135,228 p a rtic ip a te d in th e bonus. An appendix gives a list of th e firms covered. N a tio n a l L amp W orks. n a tio n d e s ig n d a ta fo r a n d E . C . W e itz . E ngineering D e p a rtm e n t. in d u s tr ia l C le v e la n d , a n d S e p t. c o m m e r c ia l 1 5 , 1 9 2 7 . B u lle tin in te r io r s , 3 6 p p .; 4 1 -D : b y W a r d illu s tr a tio n s , I llu m i H a r r is o n d ia g r a m s . In ten d ed as a h a n d b o o k for lig h tin g specialists, electrical co n tracto rs, engi neers, arch itects, stu d e n ts, a n d in stru cto rs. P resen ts a m eth o d of illu m in atio n design “ w hich has becom e th e s ta n d a rd for illu m in atin g engineering w o rk .” •-------------- B S e p t. u lle tin 1, ---------------B 1 9 2 7 . O rm sbee, P re ss, 4 3 -B : F a c to r y 1 9 2 7 . 4 ^ u lle tin 5 3 : 3 6 illu s tr a te d . p p ., H azel 1 9 2 7 . p p .; F a r m G rant. x iv , 1 2 4 lig h tin g illu s tr a tio n s , lig h tin g , T h e d e s ig n s , b y C . E . W e itz . C le v e la n d , d ia g r a m s . b y y o u n g W . C . B ro w n . e m p lo y e d g ir l. C le v e la n d , N e w Y o r k , S e p t. 1 5 , W o m a n ’s PP- A stu d y of th e educational, in d u strial, a n d social sta tu s of young em ployed girls, based on interview s w ith 500 girls in c o n tin u atio n schools an d on in fo rm a tio n ob tain ed in visits to 263 homes. P a r a f , M a t h il d e e t C ie ., 1 9 2 7 . P ie r r e . 3 2 8 L a d e n te lle et la b r o d e r ie . P a r is , G a s to n D o m p p . A h isto ry of th e lace in d u s try w ith a n acco u n t of w h a t h as been done since th e w ar in F ran ce to revive th e in d u s try a n d to te a c h th e a r t of lace m aking. P a s q u e t ,^ L o u i s . L e s E d itio n s Im m ig r a tio n R ie d e r , 1 9 2 7 . et 2 0 5 m a i n - d ’œ u v r e é tr a n g e r s e n F ra n c e . P a r is , p p . A handbook for th e use of F ren ch em ployers, trad e-u n io n s a n d lab o r exchanges, an d foreign laborers in F rance. In clu d es reg u latio n s fo r th e re c ru itm e n t of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [470] 259 PUBLICATIONS RELATING TO LABOR foreign w orkers a n d info rm atio n as to th e ir d uties, rights, a n d o th e r m a tte rs of in te re st to them . R enard, G eorges. L ’O u v r i è r e à d o m ic ile . P a r is , É d itio n s R a d o t, 1 9 2 7 . 1 8 8 p p . A law establishing a m inim um w age fo r hom e w orkers in th e clothing in d u stry w as passed in F rance in 1915 a n d su b seq u en t a m en d m en ts h av e included m ost of th e in d u stries w hich em ploy th is class of labor. T h e a u th o r describes conditions prevailing before th e en a c tm e n t of th e law a n d outlines m easures w hich should be ta k e n to p re v e n t th e explo itatio n of th ese w orkers. R ottlandef, W . H e y m a n n s , A lm a n a c h 1 9 2 6 . v iii, d es 1 2 5 D e u ts c h e n G e n o s s e n s c h a fts w e s e n s . B e r lin , C a rl p p . D irecto ry of G erm an consum ers’ cooperative organizations, giving also y ear of establishm ent, m em bership, etc. R udhardt, P aul. a c tiv ité , 1 6 e tc .) Im p o r ta n c e d a n s de l ’o r i e n t a t i o n q u e lq u e s fa c te u r s p r o fe s s io n n e lle . m o ra u x G en eva , {v o l o n t é , G eorg & a tte n tio n , C o ., 1 9 2 7 . p p . T he results of te s ts in th e telephone a n d clock industries, show ing th e im p o r ta n c e of such factors as th e will, pow er of application, a c tiv ity , etc., for success in different kinds of em ploym ent, a re given in th is p am p h let. R u t n a g u r , S. M . J o u r n a l B o m b a y { L td .), 1 9 2 7 . in d u s tr ie s : x v i, 7 4 4 T h e c o tto n m ills . B o m b a y , I n d ia n T e x tile P P -, illu s tr a te d . A review of th e co tto n in d u stry in B om bay from its inception to 1926. T he volum e includes a stu d y of th e operatives, a n acco u n t of fa cto ry legislation an d w orkm en’s com pensation, an d d a ta on th e financial position of th e m ills since 1920, associations of em ployers a n d w orkers, w elfare w ork a n d housing, w ages in co tto n , woolen, ju te, an d p a p er mills, an d o th er details b earin g on co tto n tex tile m anufacturing. S e l i g m a n , E d w i n R. A. T h e e c o n o m ic s o f in s ta llm e n t s e llin g : A s tu d y in c o n s u m e r s ’ c r e d it B r o s ., 1 9 2 7 . w ith 2 s p e c ia l v o ls . 8 5 7 , r e je r e n c e 6 2 3 to th e a u to m o b ile . N e w Y o rk , H a r p e r & p p . R eview ed on page 233 of th is issue. S im o n , O d e t t e . F é lix L ’o r i e n t a t i o n A lc a n , 1 9 2 7 . x v , 1 7 8 p r o fe s s io n n e lle e n F ra n c e et à l ’e t r a n g e r . P a r is , p p . T he au th o r discusses th e purpose of v o cational guidance, its developm ent in F rance a n d o th er countries, an d th e m eth o d s followed a n d th e resu lts o b tained in these countries. S o c ia l S e r v ic e C o u n c il o f C a n a d a . In d u stria l Life C om m ittee. T h e m a n o u t o f w o rk : 31 A re p o rt o n a s tu d y o f fiv e h u n d re d u n e m p lo y e d m e n . J a n u a r y , 1 9 2 7 . p p . T his is a stu d y of th e unem ployed as a c tu a l h u m an beings— a collection of in d iv id u al case records. S t o c k s , M. D . T h e c a se fo r fa m ily e n d o w m e n t. L o n d o n , L a b o r P u b lis h in g C o . { L td .), 1 9 2 7 . 9 5 p p . T he a u th o r holds th a t th e econom ic case for fam ily endow m ent is based on th e declaration t h a t th e low er w age levels can n o t be so established as to m eet th e reasonable req u irem en ts of even a " s ta n d a rd fa m ily ” a t its com p arativ ely brief peak period of dependence. T his being g ran ted , he believes t h a t e ith e r some m achinery m u st be devised to am plify th e incom e of th e fam ily du rin g such peak period or we m u st perforce fran k ly acknow ledge th e position t h a t th e p ersisten t d e s titu tio n ” of a high percen tag e of th e children of th e N atio n " is a necessary featu re of its econom ic sy ste m .” https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [471] 260 MONTHLY LABOR R EV IEW T aylor, H arold. L e ic e s te r , P ro d u c e rs’ C o o p e r a tiv e c o o p e r a tio n : C o p a r tn e r s h ip W h a t P r o p a g a n d a w o rk e rs’ c o n tr o l C o m m itte e h a s [1927?]. 1 0 d o n e . p p . E ndeavors to define th e purpose of th e cooperative w orkshops, p o in ts o u t th e distinction betw een th ese a n d th e p rofit-sharing schem es, a n d show s th a t these societies are th e resu lt of p ro te st a g a in st th e in secu rity of em ploym ent, th e injustices, an d th e lack of recognition of th e w orker as a h u m an being, u n d er th e presen t organization of in d u stry . T e s s ie r , G a sto n . 1 9 2 6 . 2 3 L a g reve d es e m p lo y é s de b a n q u e . P a r is , M a is o n S y n d ic a le , p p . An account of th e strik e of b an k em ployees in F ran ce during th e spring an d sum m er of 1925, b y a m em ber of th e F ren ch Superior C ouncil of L abor. W il l ia m s , S id n e y J. T h e A . W . Shaw Co., 1927. m a n u a l o f in d u s tr ia l s a fe ty . C h ic a g o a n d N e w Y o rk , v iii, 207 p p . T his book is dev o ted chiefly to safety o rganization a n d m ethods ra th e r th a n to m echanical safeguarding, a n d " a tte m p ts to set fo rth th e essential in form ation needed by a m an who devotes all or p a rt of his tim e to in d u stria l sa fe ty .” C hap ters in th e book deal w ith safety com m ittees, th e forem an, th e new em ployee, records, safety a n d p roduction, h e a lth a n d san ita tio n , a n d th e elim ination of h azards specifically noted. Zentralverband H a m b u rg , 1 9 2 7 . D eutscher [ V a r io u s K o n s u m v e r e in e . J a h rb u c h , 1 9 2 7 . 3 v o ls . p a g in g .] Y earbook of th e C en tral U nion of G erm an C onsum ers’ C ooperative Societies. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis o [472]