Full text of Survey of Current Business : April 1926
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UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
BUREAU OF STANDARDS
APRIL
No. 56
1926
CONTENTS
TEXT MATERIAL
Preliminary summary for March
Course of business in February:
General conditions
__
Summary of indexes of business
Review by principal branches of industry and commerce
TREND OP BUSINESS MOVEMENTS
1
7
8
9
BASIC CHARTS
Monthly business indicators ___________________________
Weekly business indicators ____________________________
Automobiles, building, iron and steel, and locomotives ___
Production, stocks, and unfilled orders __________________
GENERAL TEXT TABLES
Monthly business indicators___________________________3
Weekly business indicators ____________________________ 5
Business summary ___________________________________ 7
Indexes of business (production, prices, sales, etc.) ________ 21
Textiles and buttons
Metals and fuels
Automobiles and leather
Rubber and paper
Building construction and housing
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs
Transportation, tobacco, and public utilities.
Employment and wages
Distribution movement
Banking and finance and foreign exchange
United States foreign trade.
Canadian trade and industry
Pa*t
. 28
. 29
. 32
. 33
34
35
36
37
39
. 42
43
44
45
47
48
NEW DETAILED DATA
Meats, miscellaneous, cold-storage holdingsDebits to individual accounts, by cities
Consumption of gasoline by Stated
20
24
27
PRELIMINARY SUMMARY FOR MARCH
[Based on weekly data in charts and table appearing on pp. 4 and 5]
* Reports for the early weeks of March indicate
increased activity over March, 1925, in the output of
bituminous coal and beehive coke and in the production of lumber, with a decline from a year ago in the
value of new contracts awarded for building construction. The output of petroleum was likewise
smaller than a year ago as was the case in the receipts
of wheat, cotton, and cattle and calves. Carloadings
of merchandise were larger than in March a year ago,
while debits to individual bank accounts, indicative
of the dollar volume of trade, also recorded an advance
over the early part of March, 1925.
Wholesale prices averaged lower in March than in
either the previous month or a year ago, while business
89583-26f
1
failures, although less numerous than in February,
were running larger than a year ago through the first
weeks of March. Loans and discounts of Federal
reserve banks showed little change from the preceding
month but were larger than a year ago. Prices of
stocks declined during the first three weeks of March
from the high point reached in the middle of February,
while call money rates, although averaging higher
than in March a year ago, were lower than in the
preceding month. Rates on time money in the New
York market showed similar comparisons with the previous month and a year ago. The Federal reserve ratio
at the end of the third week of March, though lower
than a year ago, was 'at its highest for the year 1926.
MONTHLY BUSINESS INDICATORS: 1920-1926
[Ratio charts—see explanations on inside front cover. Except for net freight ton-miles and wholesale trade, for which January is plotted, latest month plotted is February,
1926. The curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production for the varying number of working days in
the month]
RELATIVE
350
300
TO 1913 AS 100
1920 1921 1922 1923 1924 1925 1926
RELATIVE TO
1919 AS 100
1920 1921 1922 1923 1924 1925 1926
BANK DEBITS, 141 CENTERS
200
WHOLESALE TRADE, 6 LINES
INTEREST RATES, COMMERCIAL PAPER
60
50
250
200
DEPT. STORE TRADE (359 STORES)
WHOLESALE PRICES ( DEPT.OFLA0OR )
100
250
200
I
I
I
I
FARM PR ICES (DEPT. OF AGRICULTURE,)-
100
80
150
100
80
MANUFACTURING PRODUCTION
•——j
(64 COMMODITIES)
60
co
5
150
i iOO
80
a
z
LUMBER PRODUCTION
(5 SPECIES )
40
200
100
80
60
200
NET FREIGHT TON-MILES
100
80
AUTOMOBILE PRODUCTION
( PASSENGER CARS AND TRUCKS)
FACTORY EMPLOYMENT
400
300
200
100
80
60
BUILDING CONTRACTS AWARDED
(27 STATES)
40
30
1920 1921 1922 1923 1924 1925 1926
1920 1921 1922 1923 1924 1925 1926
200
MONTHLY BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believed
that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items
which are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using
1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of
relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the
absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared
to previous months, does reflect the present tendency in each item and will give a basis for business judgment.
The charts on page 2 show February data as the latest plotted, except for freight ton-miles and wholesale
trade which show January.
1924
MONTHLY AVERAGE
1925
1926
ITEM
1920 1921 1922 1923 1924 1925 Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov Dec. Jan. Feb.
1913 monthly average- 100
Production:
Pig iron....
Steel ingots
Copper
... ..
Cement (shipments)
Anthracite coal
.
. _
..
Bituminous coal
Electric energy (gross revenue sales)
Crude petroleum.. ...
Cotton (consumption) ...
Beef
Pork
Unfilled orders:
United States Steel Corporation
Stocks:
Crude petroleum8...
.
Cotton (total)
1
Prices:
Wholesale index
Retail food
Retail coal, bituminous
Farm products...
.... ...
Business finances:
Defaulted liabilities
Price 25 industrial stocks
Price 25 railroad stocks .
Banking:
Clearings, New York City
Clearings, outside
.
Commercial paper interest rate
Distribution:
Imports (value) „
...........
._
Exports (value).,..
Sales, mail-order Transportation:
Freight, net ton-miles .
. ~ ..
120
135
99
108
98
119
283
178
105
119
113
54
64
38
107
99
87
312
189
97
113
117
87
114
80
131
58
85
349
224
109
126
130
130
144
120
153
104
118
407
295
117
130
160
101
122
128
164
99
101
434
287
99
133
151
118
146
136
177
68
109
470
304
115
139
128
116
141
131
74
97
116
506
277
114
134
191
132
166
144
69
97
130
522
287
127
146
199
126
149
134
81
94
98
480
261
118
105
152
139
166
145
139
93
94
457
292
125
129
115
127
142
137
195
98
85
449
297
128
131
109
114
137
137
226
107
89
429
329
114
132
116
104
127
136
237
102
93
421
822
106
127
136
104
122
133
245
109
99
419
325
104
145
107
106
136
132
249
113
113
429
323
96
135
96
106
138
132
240
1
117
453
313
104
144
97
118
154
138
20?
1
133
495
311
117
173
122
118
155
131
137
2
127
535
297
117
137
127
127
158
135
94
3
132
559
294
124
152
162
130
165
138
77
2
135
589
288
125
139
168
264
122
120
127
170
90
96
102
68
73
82
85
89
82
75
69
83
60
59
63
70
78
85
83
78
143 171 265 311 369 290 374 296 295 294 294 297
155 198 153 125 111 129 193 172 150 126 103 80
226
203
207
205
147 149
153 142
197 188
116 124
108 229
184 136
67 64
154 150 x'59
146 146 145
190 169 167
135 134 147
157
152
171
139
114
150
132
79
27
117
296 294 289 287 284 283 278 275 272
61 45 56 130 185 218 237 226 213
160 161 161 156 155 157 360 160 160
154 151 151 151 152 155 160 160 159
170 172 169 161 159 158 159 160 168
146 146 151 147 146 148 149 152 144
158 158 156 156 155
162 167 166 164 162
170 179 179 179 179
143 144 143 143 143
228 197 198 162 198 238 176 149 163 162 161 151 163 134 129 157 160 191 150 I
169 185 198 262 231 233 238 235 233 245 248 256 272 280 298 305 305 309 309
75 72 81 99 95 96 98 95 92 96 96 97 101 102 102 107 111 111 109 I
257 205 230 226 264 300 325 339 267 296 290 302 305 297 256 276 329 298 342 344 272
275 212 230 276 284 315 317 323 273 309 308 297 317 323 293 313 353 319 348 341 288
134 118 80 90 71 73 64 66 66 71 72 70 70 71 72 76 80 79 79 79 75
294 140 177 212 201 236 224 232 223 258 233 219 218 218 228 234 250 252 266 279 260
331 181 154 168 185 198 214 216 179 219 193 179 156 164 184 203 237 216 226 192 171
264 188 204 259 284 327 411 308 299 318 322 262 271 248 255 309 464 396 473 336 322
137
105 115 139
131 139
128 135 123 129
123 136 131 139 153 151 161 149
139
138
1919 monthly average— 100
Production:
Lumber * .
Building contracts
Stocks:
Beef
Pork
. . .
Business finances:
Bond prices (40 issues)
Banking:
Debits outside New York City
Federal ReserveBills discounted
Total reserves
.
Ratio
..
.
102
72
86
69
66
98
42
83
29
70
32
91
34
90
86
87
107
104
11.4
91
95
132
97
80
91
122
m
117 133 129
102 106 108
141 110
138 100
121 122 136
91 83 138
143 146
157 148
151 141 154 153 157
143 145 166 155 148
49
90
41
88
31
81
26
96
21
89
19
76
17
59
108
112 110 110 111 111
111
113
114
112
111
107
108
122 124
116
28 39
144 146
154 152
19
146
160
26
134
149
34
82
60
70
59
85
55
94
20
46
140 127 114
146 137 117
31
45
36
56
34
67
ill
111 112
112
114
137
127
106
121
117
124
123
113
U9
16 14
139 141
145 155
22
138
151
21
137
154
21 21 24
137 136 135
154 153 153
?4
124
1M
30
132
149
33 30 32 39
131 132 131 129
144 144 142 134
122
137 134
23
135
149
90
33 :
75 ;
115
;
114
28
133
147
i1 Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.
Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1919 was equal to 11,401,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000;
board feet reported by the census.
* Data since January, 1925, cover only stocks east of California, and hence are not directly comparable with figures for earlier periods.
WEEKLY BUSINESS INDICATORS
[See table on p. 5]
WEEKLY AVERAGE, 1922-1924 = !00 .
FISHER'S INDEX,WEEKLY AVERAGEI92W924=IOO-
B ITU MIN ous COAL PRO DUC5TIO!
160-K1'
(X
140
120.
FEB.
MAY
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CALL MONEY RATES
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HOG RECEIPTS
180
160
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LOANS AND DISCOUNTS (F.R.MEMBER BANKS)
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BUSINESS FAILURES (NUMBER)
120
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160
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120
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IRON AND STEEL COMPOSITE PRICES
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320
BEEHIVE COKE PRODUCTION
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110
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60,
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DEC.
NOV.
240
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SEPT.
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JUNE JULY
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1926
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JAN. FEB.
MAR
APR.
JUNE JULY AUQ. SEPT
OCT.
NOV. DEO.
WEEKLY BUSINESS INDICATORS'
Beehive coke production
Petroleum production
Car loadings
Building contracts
Receipts of cotton
Receipts of cattle
Receipts of hogs
Wholesale prices
Price of iron and
steel (composite)
Price of No. 2 wheat
Bank loans and
discounts
Debits to individual
accounts
68.6
98.6
101.9
101.9
103.8
112.7
116.2
114.9
116.2
109.7
107.7
109.9
111.0
109.8
107.1
84.2
102.5
102.5
101.6
98.5
39.2
103.3
98.4
67.3
98.5
49 2
49.3
63.7
75.9
64.1
179 6
151.1
160.9
114.0
103.0
84 2
110.0
98.4
90.4
80.4
143 7
172.9
162.0
127.2
143.2
103.6
103.8
105.3
105.6
107.1
91.3
90.9
90.6
88.7
90.2
99.1
99.6
99.9
100.0
99.8
152 0
152.8
159.3
164.2
175.6
111.8
112.1
112.3
112.0
111.6
110.0
130.0
119.3
123.5
109.5
115.1
63.6
81.8
66.7
87.9
120.1
107.5
105.4
97.5
102.9
102.9
104.8
106.2
121.1
116.2
113.6
111.4
106.5
106.1
106.8
106.6
102.0
99.2
101.7
94.9
69.5
91.8
100.2
99.3
81.6
61.2
50.4
45.6
94.9
108.1
86 0
79.1
84.6
84.6
77 5
84.9
141.2
122.8
123.6
108.0
106.6
105.1
105.7
106.3
91.7
93.6
92.5
95.8
100.3
100.3
99.9
99.8
169.1
157.7
157.7
158.5
112.2
112.2
112.7
112.4
117.5
113.8
113.3
100.2
84.8 117.2
93.9 101.5
81.8 129.9
115.1 99.5
21
28
14
103.4
95.2
91.2
92.0
107.1
110.5
104.8
110.5
106.6
106.6
99.1
96.9
106.6
106.9
106.6
105.4
102.2
101.6
100.0
102.4
101.3
117.5
191.8
121.6
56.7
54.5
44.3
38.6
80.9
72 3
68.9
51.5
86.5
94.5
90.7
92.0
87.2
88.9
91.5
79.0
106.9
106.5
105.7
104.6
98.1
96.2
98.1
95.1
99.8
99.4
98.9
98.2
169.1
155 3
143.1
135.0
113.3
113,3
113.0
112.4
130.1
113.1
127.2
112.5
93.9
103.0
81.8
100.0
97.0
104.2
103.6
119.7
4
11
18
26
83.1
86.4
82.8
88.5
108.1
110.5
110.5
113.8
96.5
93.0
88.2
82.9
105.9
109.3
114.1
118.2
101.4
100.8
101.4
105.4
172.6
170.5
151.9
165.6
35.0
21.6
34.2
23.5
43.0
42.1
41.7
45.5
85.2
85.9
92.9
87.1
57.1
68.9
80.3
83.3
102.3
103.0
102.8
101.4
91.3
92.1
92.5
92.5
97.9
96.6
96.0
95.0
113.0
112.4
112.3
112.3
118.2
117.2
118.7
118.3
100.0
97.0
84.8
97.0
98.6
108.5
107.0
116.9
May 2
88.0
91.2
92.0
93.1
89.7
112.4
115.7
111.4
114.8
110.5
74.1
62.7
59.6
63.6
57.9
119.7
122.7
126.4
126.9
128.7
107.9
107.9
108.3
101.8
107.8
183.6
147.7
134.6
164.8
152.4
34.3
38.4
34.7
62.5
65.7
36.6
37 4
27.7
29.4
29 4
87.5
87 1
91.6
87.1
83 9
91.2
72 5
81.4
78.2
90 9
100.4
102.4
102.9
101.2
102.9
92.1
88.3
84.2
88.7
89 8
94.4
94.3
93.7
93.0
92.6
142.3
156.1
154.5
154.5
113.2
112 8
112.6
112.0
112.1
107.8
126.6
112.7
11&9
111.5
90.9
84.8
90.9
90.9
97.0
117.2
105.5
110.7
101.0
105.0
92.3
95.0
92.6
95.4
113.8
115.7
112.4
112.4
56.1
59.6
56.6
56.1
128.8
123.9
120.5
119.2
109.4
108.5
108.0
109.0
125.1
134.4
184.9
150.4
69.2
58.2
55.6
60.5
26.4
20 9
18.7
17 4
82.6
86 2
70.1
86 2
91.5
91.2
89.5
87.5
102.4
102.2
102.9
103.9
93.2
89.4
91.3
92,5
92.5
91.6
91.1
90.9
151.2
157.7
152.0
146 3
112.7
112.8
112.9
113 0
115.9
110.7
126.5
115.5
103.0 90.1
93.9 94.5
90.9 105.7
112.1 97.0
81.0
95.2
98.8
102.9
90.0
98.6
108.1
107.1
52.6
56.6
55.7
54 8
118.0
118.0
116.0
115.8
95.0
108.0
111.1
113.2
142.5
124.0
132.0
134.6
59.9
91.4
93.3
140 5
13.6
13 6
24.3
26 8
101.0
100.6
106.4
100 3
65.1
69.3
77.0
64.3
103.5
103.8
104.6
104.5
89.8
91.7
92.1
95 5
91.1
91.1
91.1
91.1
128.5
132.5
127 6
114.4
113.6
113.7
113 3
129.4
116.6
120.4
119.9
121.2
100.0
97.0
100.0
92.3
77.1
101.0
106.0
104.2
109.8
113.0
115.9
122.6
113.3
112.4
115.7
120.0
115.7
53.5
53.9
53.9
63.2
72.4
115.9
117.3
116.1
116.3
116.0
114.7
115.6
117.1
118.7
123.6
202.6
168.0
179.4
194.4
153.8
165.9
143 9
122.2
108 1
108.3
40.0
31.9
45.5
71 9
116.6
104.8
109.0
117.4
119.0
114.8
67.8
63.5
62.1
57 7
61.5
104.8
105.1
104.6
103.4
103.9
94.0
92.8
89.8
89.4
86.4
91.1
91.1
91.1
91.1
90.6
129.3
136 6
139.0
135 8
137.4
113.1
113.8
114.4
114.4
114.4
107.1
120.1
109.5
114.6
105.9
100.0
106.1
97.0
100.0
106.1
89.3
90.1
79.4
92.5
86.3
119.3
110.0
119.9
125.3
117.6
112.4
119.0
115.7
72.8
73.2
75.0
77.2
117.3
116.9
116.9
115.5
121.2
107.2
120.7
123.2
152.4
97.7
162.3
136.0
136.0
158.1
170 4
180.6
177.9
197.0
244 3
279.1
113.8
89.7
109.6
122.8
62.8
56.8
61.8
62.0
103.2
103.0
103.6
103.1
85.7
90.6
92.5
90.2
90.6
90.9
90.9
91.0
137.4
139.0
140 7
138.2
115.3
115.0
116 3
116.6
111.5
95.3
128.1
122.3
100.0
106.1
100.0
11&2
82.3
70.2
89.1
89.6
121.3
128.7
129.7
133.2
137.5
114.8
116.7
114.8
116.7
116.7
82.0
89.0
99.1
98.2
114.5
114.9
114.9
114.2
113.3
113.2
122.3
121.6
121.6
123.3
120.0
234.8
132 0
117.6
130.6
157.8
149.0
113 4
90.7
74.6
81.0
311.9
309 4
142.8
156.6
155.9
149.5
143.7
78.1
73 4
70.7
70.6
80.6
102.3
101.7
102.0
101.7
102.9
87.5
83 4
81.9
82.3
74.7
91.1
91.1
91.1
91.5
92.4
125.2
130 1
138.2
118.3
118.2
118.6
118.7
118.9
126.9
138.7
118.0
137.5
122.4
121.2
112 1
100.0
103.0
121.2
87.3
90.5
83.8
80.6
92.8
21
28
134.1
134.0
138.8
127.8
114.8
112.4
113.8
106.2
128.1
129.4
124.6
128.5
112.8
111.8
112.5
112.1
116.9
115.5
116.3
101.5
175.8
141.5
147.2
104.3
95 8
86.5
104.5
104.7
288.5
136.7
124.4
119.0
88.7
85.0
87.5
97.6
79.0
103.3
103.4
103.6
104.2
79.2
78.9
78.5
80.8
93.6
94.3
94.5
94.6
136 6
138.2
137 4
140.7
120.0
119.9
119 9
119.4
131.8
114.4
145 8
124.4
112.1
109.1
112 1
121.2
88.1
102.7
109.0
95.3
5
12
19
26
141.8
142.2
139.8
92.9
108.1
110.5
111.4
72.9
130.7
127.6
137.3
114.5
111.9
111.2
110.5
109.8
112.2
110.9
106.4
77.1
181.4
142.1
142.3
110.2
117.3
116.3
104.1
74.4
293.6
283.0
242.6
110.0
110.2
102.8
70.6
105.1"
103.6
102.7
102.9
78.5
74.3
73.2
74.7
95.3
95.2
95.2
95.2
143.9
174.0
123.5
125.1
119.3
65.3
119.8
120.2
120.4
120.8
124.7
123.9
141.4
133.6
121.2
124.2
124.2
142.4
105.0
107.5
112.7
83.1
16
117.5
143.5
144.0
136.9
138.4
56.7
81.4
94.3
101.9
103.8
128.5
127.2
136.4
150.4
148 7
108.2
107.7
106.8
105.7
103 8
81.5
99.7
103.0
101.3
101 7
152.3
131.8
119.2
182.7
115 5
41.6
75 7
63.0
55.9
53 0
132.8
112.3
119.6
106 0
101 3
71.4
103 9
105.1
102 2
83 3
97.2
122 7
112.5
94 7
102 0
103 8
103 8
103.4
103 7
104 0
78.1
78.5
79.6
78.9
78.5
95.5
95 5
95.5
95.3
94 9
152 8
153 7
152.8
152 8
148 8
121 8
121 3
120.2
120.0
119 3
109.8
153 2
129.8
135.2
124.0
145.5
97.0
109.1
97.0
109 1
93.0
137.3
142.5
127.6
128.4
6
13
20
134.0
132.3
126.8
120.0
108.1
110.5
108.1
107.1
161.0
158.8
154.8
140 4
104.5
104.3
104.3
105 6
100.6
100.8
102.4
100.3
93.2
77.0
102.8
146 7
51.9
48.9
60.8
40 6
97 9
87.7
71.1
68.5
87 8
85.5
78.8
82 3
94 4
93 7
79.0
80 9
104 0
103.3
102.0
101 3
78 5
78.5
78.5
75 1
94.9
94.9
94.7
94.7
156 1
148.8
145.6
147 2
119 6
119.8
119.4
119 2
132.4
123.3
121.7
107 7
112 1 128.9
118.2 94.8
115.1 118.9
127.3 104.0
Mar.
6 . ..
13
20
27
115.2
117.8
109.5
111.4
115.8
114.9
105.3
106.1
106.0
106.4
119.6
167.0
45.7
36.6
65.5
68.1
81.0
83.3
90.1
82.9
100.3
99.9
100.1
73.6
74.0
72.8
94.7
94.7
94.6
139.0
137.4
119.8
119.0
143.5
121.7
133.6
112.1
103.0
103.0
Apr.
3
10
Price of cotton middling
Lumber production
119.0
138.7
132.5
127.7
122.0
WEEK
ENDING *—
Receipts of wheat
Bituminous coal
production
[All data are given as relatives to the weekly average for 1922 to 1924 as 100, except wholesale prices, which are based on 1923 to 1924 average]
1
fe
fl
o
I
1
i
•B
110.7
137. 3
131.6
133.3
130.6
pa
1925
Jan.
3
10
17
24
31
Feb.
7
14
21
28
Mar. 7
Apr.
9
16
23
30
June 6
...
13
20
27 . -.
July
4
11
18
25
Aug.
1
8
15
22
29
....
Sept. 5
12
19
26
Oct.
-—
3
10
17
24
31
Nov. 7
14
Dec.
337.4
327.7
325.1
323 8
289 8
285.1
me
Jan.
2
9
33
30
Feb.
27
120.4
122.1
97.5
...
1
Sources of data are as follows: Bituminous coal and beehive coke production from U. S. Department of Commerce, Bureau of Mines; Lumber production, based on four
associations, from the National Lumber Manufacturers Association; Petroleum production (crude) from American Petroleum Institute; Loadings of freight cars from American
Railway Association; Building contracts from F. W. Dodge Corf oration; Receipts of wheat from Bradstreet's; Receipts of cattle and hogs from U. S. Department of AgricuUuret
Bureau of Agricultural Economics; Receipts of cotton from New Orleans Cotton Exchange; Wholesale prices (Fisher's index), based on 1923-24 as 100, from Professor Irving
Fisher; Price of cotton, middling, from New York Cotton Exchange; Price of iron and steel, composite, from Iron Trade Review; Price of wheat, No. 2, red, cash, from Chicago
Board of Trade through U. S. Department of Agriculture, Bureau of Agricultural Economics; Loans and discounts of member banks and debits to individual accounts from
Federal
Reserve Board; Call-money rate from Watt Street Journal; Business failures from R. O. Dun & Company.
1
The actual week for all items does not always end on same day.
PRODUCTION OF PIG IRON AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[February, 1926, is latest month plotted]
14,000
600
COMPARISON OF AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS
[February, 1926, is latest month plotted]
800
BUILDING CONTRACTS AWARDED
(27 STATES)
TOTAL AUTOMOBILE
PRODUCTION
LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS
[January, 1926, is latest month plotted]
4,000
2,000
BUSINESS SUMMARY
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this
summary are given in the table entitled "Indexes of Business," beginning on p. 21]
19*3
1924
1925
119
PER CENT I NCREASE (+)
OR DEC!IEASE (— )
19 56
1925
1924
TEA!ILY AVEB AGE
Decem- January Febru- Decem- January February
ber
ary
ber
February,
1926, from
January,
1925
February,
1926, from
February,
1925
PRODUCTION:
Manufacturing (64
commodities— Adjusted) 1 . - .
Raw materials, total
Minerals
..
Animal products - Crops
Forest products
Electric power. ...
.
Building (awards— floor space)..
114
136
117
102
121
144
106
113
119
126
117
118
119
152
108
125
116
132
113
111
126
169
138
112
143
124
138
158
108
171
100
117
120
133
113
119
116
172
91
124
95
113
102
81
111
154
83
122
141
122
123
164
118
190
137
122
111
122
107
109
108
189
117
130
93
113
97
80
116
-7. 4
-9. 3
— 26. 6
+ 7. 4
— 2. 1
0. 0
-4.9
1.2
+ 4. 5
90
-23. 1
+ 8.4
STOCKS (45 commodities; seasonal
ad j ust ment)
UNFILLED ORDERS (relative to 1920).
119
74
135
52
145
56
144
62
155
62
151
63
153
64
162
61
165
57
1. 2
-6.6
+9. 3
-9.5
SALES (based on value) :
Mail-order houses (4 houses)
Ten-cent chains (5 chains)
Wholesale trade. ..
Department stores (359 stores) _
99
165
83
124
105
185
82
125
118
209
84
131
148
366
79
210
108
151
79
108
105
156
76
101
166
427
79
224
116
166
79
115
111
170
77
105
-4.3
+ 2. 4
2.5
-8.7
+ 5.7
+ 9. 0
+ 1. 3
+ 4.0
PRICES (recomputed to 1919 base) :
Producers , farm products
Wholesale, all commodities
Retail food
Cost of living (including food) —
65
75
78
94
64
73
78
95
70
77
84
98
67
76
82
97
70
78
83
97
70
78
81
96
68
76
89
99
68
76
88
99
68
75
87
99
0. 0
-1. 3
— 1. 1
0.0
— 2. 9
-3.8
+ 7. 4
+ 3.1
CHECK PAYMENTS (141 cities—Seasonal ad j ustment)
FACTORY EMPLOYMENT (1919 base)— _
103
93
110
84
127
84
116
82
128
83
129
85
129
86
139
86
139
87
0. 0
+ 1.2
+7. 8
+ 2.4
TRANSPORTATION :
Net freight ton-mile operationCar loadings (monthly total)
Net available car surplus (end of
mo.)
115
119
108
116
115
122
106
100
112
128
102
104
115
106
114
127
105
-17.3
+ 1.0
25
139
146
161
129
172
162
152
126
— 17 1
— 26 7
+ 6. 6
16. 2
+ 4. 8
i See p. 28, Jan., 1925, issue (No. 41), for details of adjustment.
COURSE OF BUSINESS IN FEBRUARY
GENERAL CONDITIONS
Manufacturing output in February, after allowance
for differences in working time, was larger than in
either the preceding month or February, 1925. The
output of raw materials, on the other hand, showed
declines from each of these comparative periods, with an
increase in forest products output insufficient to offset
declines in the output of minerals and in the marketings of animal products. Contracts awarded for new
building construction, although smaller than in January, were larger than a year ago, with a similar comparison in the case of carloadings of merchandise.
Stocks of commodities, after adjustment for seasonal
variations, although smaller at the end of February
than at the end of the previous month, were larger
than a year ago, while unfilled orders for basic materials, principally iron and steel and building materials,
were smaller at the end of the month than at the end
of either the previous month or a year ago.
Prices received by farmers for their products showed
no change from the preceding month but averaged
lower than a year earlier. Wholesale prices in February were lower than in either the previous month or a
year ago, while retail food prices, although lower than
in January, were higher than in February, 1925. The
cost of living showed no change from the previous
month but was 3 per cent higher than a year ago.
Factory employment was higher in February than in
either the previous month or a year ago, while check
payments, indicative of the dollar volume of trade,
after adjustment for seasonal variations, showed no
change from the previous month, but were 8 per cent
higher than in February, 1925. Sales at retail by
mail-order houses, 10-cent chains, and department
stores averaged higher than a year ago, with wholesale
trade showing little change.
8
SUMMARY OF INDEXES OF BUSINESS
PRODUCTION
Manufacturing output in February was lower than
in January, but, after allowance for differences in
working time, February industrial activity was more
than 5 per cent greater than in the preceding month
and, by a like percentage, greater than a year ago.
The production of raw materials was smaller in
February than in either the preceding month or February a year ago, these declines being due to decreased
production of minerals as well as decreases in the
marketings of crops and animal products. In the
case of mineral output, declines were general from the
previous month, with the sole exception of anthracite
coal, due to the resumption of coal mining, while as
compared with February of last year, increases in the
output of petroleum, bituminous coal, lead, and zinc
just about offset declines in anthracite coal, copper,
gold, and silver. In 'the case of animal products,
increases over February, 1925, in the marketings of
wool, cattle and calves, sheep, fish, and milk were
insufficient to offset declines in the marketings of
hogs, eggs, and poultry. As respects crops, the
declines from a year ago in the marketings of vegetables and cotton products more than offset increased
marketings of fruits and miscellaneous crops. The
output of forest products was larger in February
than in either the preceding month or a year ago.
COMMODITY STOCKS
Stocks of commodities held at the end of February,
after adjustment for seasonal variations, were smaller
than at the end of the previous month but larger than
a year ago. As respects the groups entering into this
index, stocks of manufactured foodstuffs and other
manufactured commodities were lower than a year
ago, while stocks of raw foodstuffs and other raw
materials were higher.
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1920 monthly average-100. Adjustment has been made for both stocks and production for their respective seasonal movements. Unfilled orders are principally those
of iron, steel, and building materials. February, 1926, is latest month plotted]
160
SALES
PRICES
The unfilled order index of iron and steel and building materials declined 7 per cent and 10 per cent,
respectively, from the preceding month and a year
ago, the greatest declines from each of these periods
occurring within the iron and steel group.
Sales by department stores, although seasonally
smaller than in January, were larger than in February, 1925. The volume of business transacted by
mail-order houses, although smaller than in the preceding month, was likewise larger than a year ago.
Wholesale trade showed no change from a year ago.
Average prices received by farmers in February
showed no change from the preceding month, but a
decline of 2 per cent from February, 1925, was registered. As respects the previous jnonth, increases in
the prices of meat animals and cotton and cottonseed
were balanced by declines in the prices of grain and
dairy products and poultry, while, compared with last
year, declines in grain, cotton, and unclassified commodities more than offset by increased prices for
fruits and vegetables, meat animals, dairy products,
and poultry.
Wholesale prices, as seen from the Department of
Labor index, declined almost 1 per cent from the preceding month and 4 per cent from February, 1925.
Declines from the previous month were general, with
the exception of the fuel and lighting group, the
increase in this group amounting to 1 per cent, this
increase being largely explainable by the conditions
in the coal industry. As respects the comparison
with 1925, declines were general in February, with
the exception also of fuel and lighting and miscellaneous commodities. Commercial indexes also
showed similar comparisons with the preceding month
and a year ago.
The cost of living, although showing no change
from the preceding month, was 3 per cent higher in
February than in the corresponding month of 1925.
Declines in food costs from those prevailing in January were balanced by increases in fuel and lighting
costs, principally fuel, while increases over February,
1925, in food costs, clothing, and fuel and lighting
more than offset declines in the cost of shelter.
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Receipts of wool at Boston were 72 per cent greater
than in February a year ago, while for the first two
months of the current year an increase of 7 per cent
was noted over the same period of 1925. Wool consumption by textile mills was smaller than in either
the previous month or February, 1925, with the
activity of woolen machinery showing similar comparisons. Prices of wool in general averaged lower in
February than in the previous month, with substantial declines from a year ago.
Receipts of cotton into sight were 13 per cent
smaller in February than in the same month of last
year, with a decline of 15 per cent in the total for the
first two months from the corresponding period of
1925. Imports of raw cotton were smaller than in
either the previous month or February a year ago,
with a decline of 13 per cent in the total inward movement for the first two months of the current year as
compared with the same period of 1925. Raw cotton
exports were likewise smaller than either the previous
month or February, 1925, with a decline in the two
months7 total amounting to 31 per cent. Consumption of cotton by textile mills was smaller than in
January, largely because of the shorter month, but
was 3 per cent larger than in February, 1925. Consumption for the first two months of the current
year was slightly larger than during the corresponding
period of last year.
Stocks of cotton held at mills and warehouses at the
end of February were 43 per cent larger than a year
ago, while the world visible supply of cotton at the end
of the month showed an advance of 18 per cent over
February 28, 1925. More cotton spindles were busy
in February than in January with a perceptible decline in this regard, however, from a year ago. Despite the increase in the number of active spindles
over the preceding month, there was a decline in the
total activity as measured in spindle hours due to the
shorter month. As compared with the preceding
year a decline in the number of active spindles may be
contrasted with an increase of almost 3 per cent in the .
SPINDLE ACTIVITY IN COTTON MILLS
[February, 1926, is latest month plotted]
RAW COTTON CONSUMPTION AND EXPORTS
[February, 1926, is latest month plotted]
150
1921
number of spindle hours. Reduced to a percentage
basis cotton spindle activity was 4 per cent greater
than in January and more than 2 per cent greater
than in February, 1925. The output of fine cotton
goods in the New Bedford district was 7 per cent
less than in January and 2 per cent greater than a
year ago, the cumulative for the first two months
showing the same increase over the corresponding
period of 1925. Prices of cotton paid to producers
89583—26f
10
increased over January while wholesale prices for raw
cotton averaged lower, with substantial declines for
each price from the quotations prevailing a year ago.
Prices for cotton yarns and cotton goods averaged
lower than in either the previous month or February,
1925.
The imports of raw silk were smaller than in the
preceding month but larger than a year ago with an
increase of 10 per cent in the cumulative total for the
preceding month over the corresponding period of
1925. Deliveries of silk to mills, indicative of consumption, were smaller in February than in the preceding month, but 13 per cent larger than in February,
1925, while as compared with a year ago the cumulative
total for the first two months was 15 per cent greater.
Stocks of silk held at warehouses at the end of February were 8 per cent and 28 per cent smaller, respectively, than the holdings at the end of the previous
month and a year ago. Although the price of silk at
the New York market averaged 1 per cent lower than
in January, February quotations were 7 per cent
greater than a year ago.
IRON AND STEEL
Pig-iron production in February was 12 per cent
smaller than in the previous month and 9 per cent
smaller than in February, 1925, while for the first
two months of the current year pig-iron output recorded a decline of 5 per cent from the corresponding
period a year earlier. Despite the decline in pig-iron
output as compared with the preceding month, more
furnaces were in blast at the end of February than at
the end of January, although 11 per cent fewer furnaces were in operation than on February 28, 1925.
The percentage relationship of furnaces in blast to
capacity showed an advance of 2 per cent for Febuary
over the preceding month and a decline of 4 per cent
from February a year ago. Wholesale prices for iron
showed practically no change from the previous month,
although prevailing quotations were substantially
lower than a year ago.
Production of steel ingots in February were 9 per
cent smaller than in January and 1 per cent greater
than a year ago. Unfilled steel orders at the end of
February were 5 per cent smaller than at the end of
the previous month and 13 per cent smaller than on
February 28, 1925. Production of steel by independent steel manufacturers was 9 per cent smaller
than in February and 6 per cent greater than a year
ago, with the ratio of production to capacity showing
a decline from the previous month amounting to 3
per cent and an increase over a year ago amounting
to 5 per cent. Stocks of sheets held by independent
manufacturers atfthe end of February were smaller
than at the end offeithei the previous month or a
year ago. The^production of steel barrels in February
was 12|per cent and 26 per cent greater, respectively,
than in either the previous month or February, 1925,
while as compared with a year ago the output during
the first two months was 19 per cent greater. Bookings for steel castings, although smaller than in January, were 23 per cent greater than a year -earlier, with
an increase of 11 per cent over 1925 in the two months'
total. Wholesale prices for steel were slightly easier
than in January and substantially below quotations
prevailing in February, a year ago.
MACHINERY AND EQUIPMENT
New orders for machine tools was slightly larger
than in January and 28 per cent greater than in
February, 1925. Sales of mechanical stokers were
larger in number than in January, but as respects
horsepower, smaller than in either the preceding
month or a year ago. For the first two months of
the current year 19 per cent fewer stokers were sold
with 6 per cent less horsepower than during the same
period a year previous. Patents issued by the United
States Patent Office during February showed increases
over both the previous month and the same month of
last year. Shipments of fire extinguishers, both handtype and motor vehicles, were larger in February
than in the previous month.
NONFERROUS METALS
The production of copper at domestic mines during
February was 5 per cent and 2 per cent smaller, respectively, than during the previous month and February, 1925. For the calendar year thus far, copper
production has run more than 3 per cent below the
corresponding two months' period of 1925. Smelter
output of copper showed similar comparisons for
COPPER PRODUCTION AND EXPORTS
[February, 1926. is latest month plotted]
February with the preceding month and a year ago,
as well as in the cumulative total for the first two
months of the current year. The output of refined
copper in North and South America, although 3 per
cent smaller than in the previous month, was 1 per
cent larger than a year ago, while for the first two
months the production of refined in North and South
America was 3 per cent greater than during the same
two months7 period of 1925. Domestic shipments of
11
refined copper were larger in February than in either
the previous month or a }rear ago with an increase of
8 per cent for the first two months over the corr spending period of 1925. Stocks of copper in North
and South America, both blister and refined, were
larger at the end of February than at the end of the
previous month. Exports of refined copper were
smaller than in either the previous month or February,
1925. The wholesale price of copper, although below
a year ago, averaged higher than in the previous
month.
Fewer zinc retorts were in operation at the end of
February than on January 31, but the number in
operation was slightly larger than a year earlier.
Production of primary zinc was likewise smaller than
in the preceding month, but 14 per cent larger than in
February, 1925. For the first two months of the current year, zinc production was 13 per cent greater than
during the same period of 1925. The price of zinc,
although averaging higher than a year ago, was lower
than in January.
TIN: IMPORTS, VISIBLE SUPPLY, AND DELIVERIES TO MILLS
The production of bituminous coal, although 20 per
cent larger than a year ago, was 13 per cent smaller
than in January, while for the calendar year thus far
the output of bituminous was 10 per cent greater than
during the same period of the previous year. With
the resumption of coal mining in the anthracite fields,
well after the beginning of the month, the February
output of anthracite was only about one-third as large
as during February, 1925. Prices for anthracite in the
New York market averaged lower than a year earlier,
while bituminous quotations, although lower than in
the previous month, were higher than a year ago.
[February, 1926, is latest month plotted]
FUELS
PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL
[February, 1926, is latest month plotted]
Although smaller than in the previous month, the
imports of tin during February were larger than in
February, 1925. Deliveries of tin to consuming establishments in February were smaller than in either the
preceding month or a year ago, while for the first two
months of the year a decrease of 5 per cent was
registered from the same period of the preceding year.
World stocks of tin, seen from figures on visible supply,
were considerably smaller at the end of the month
than at the end of January or a year earlier. Wholesale prices of tin averaged higher in February than in
either the previous month or February, 1925.
PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE
[February, 1926, is latest month plotted]
RELATIVE PRODUCTION AND STOCKS or ZINC
[1913 monthly average=100. February, 1926, is latest month plotted]
,
z
e
fe 25
to
Q
Z
< 2O
to 20
O
fu. 15
l5
jjY pft(
A / \\
Jy
A~-v
O
to
Q
/A^.
^^y /
*\/^
\
A/
Q
1920
|
r
V/
V/
i
7/Vy r\
/ V /\
\V
\
\\
v/' \J
,
/
BEEHIVE
1s
y/
1921
1922
1923
1924
«
v.
v
1925
f
1926
Production of beehive coke was 2 per cent and 33
per cent larger, respectively, than in either the preceding month or February, 1925, while for the first
two months the total output was 25 per cent ahead of
12
the corresponding period of 1925. By-product coke
production, on the other hand, was 8 per cent smaller
than in January but 12 per cent greater than in
February, 1925, with the same percentage increase
over the preceding year as respects the cumulative
total for the first two months of 1926. The price of
coke averaged higher than in the previous month and
was almost twice as high as in February, 1925.
AUTOMOBILES
The production of passenger cars in the United
States and Canada during February was 18 per cent
larger than during the preceding month and 32 per
cent greater than a year ago, with an increase in the
cumulative total for the first two months as compared
with the same period of 1925. The Canadian output
of passenger cars alone registered increases of 41 per
cent and 48 per cent, respectively, over the previous
month and a year ago. The production of trucks in
the United States and Canada was 25 per cent larger
than in January and 19 per cent greater than in
February, 1925.
Shipments of electric industrial trucks and tractors
showed declines in the number of tractors from the
previous month and increases in all other types.
Exports of industrial trucks and tractors were also
greater in February than in January.
BUILDING CONSTRUCTION
Building costs, on the average, showed no change
from the previous montlrbut were slightly lower than
a year ago so far as industrial types are concerned.
In the case of residential construction and small residences, building costs in February were slightly
higher than in either the preceding month or a year
ago.
Contracts awarded for new construction during
February were 16 per cent smaller than in January
but 25 per cent greater than in February, 1925, in
point of value. In point of floor space a decline from
the preceding month of 17 per cent was registered,
with an increase of 10 per cent over February of last
year. For the first two months of the year the value
of new construction contracts awarded was 37 per
cent ahead of the same period of the previous year,
with the square footage on such contracts 20 per cent
ahead of 1925. Contracts awarded for industrial construction for the first two months of the year recorded
the largest percentage increase over the previous year
of any of the groups, both as respects value and floor
space, with residential contracts second in the matter
of percentage increase. Fire losses in the United
States and Canada in February were smaller than in
either the previous month or a year ago, while for the
two months ending February a decline of 2 per cent
in losses was registered as compared with the same
period of 1925.
BUILDING MATERIALS
Production of the principal species of lumber was
larger hi February than in the preceding month, the
principal increases occurring in Douglas fir, with southern pine declining. As compared with February, 1295,
southern-pine output was smaller and Douglas-fir
production larger.
Production of flooring, both oak and maple, declined
from the previous month, but in the case of oak flooring the production was greater than a year ago.
Shipments of these two species showed the same comparisons with the previous month and a year ago.
Unfilled orders for flooring, both species, were smaller
at the end of February than a year ago, but for maple
flooring forward business was greater than at the end
of the previous month. Stocks of flooring held at the
end of February were larger than the holdings a year
ago.
Production of face brick was smaller in February
than in either the previous month or February a year
ago. Shipments, on the other hand, although smaller
than a year ago, were larger than in January, while
unfilled orders at the end of the month were larger
than at the end of either the preceding month or a year
ago. Prices of common brick in February averaged
higher than in either the preceding month or February,
1925.
The production of paving brick, although larger than
in January, was smaller than in February, 1925. For
the first two months of the year paving-brick output
was smaller by 14 per cent than in the corresponding
period of the preceding year. Unfilled order for paving
brick at the end of the month were larger than at the
end of either the previous month or February, 1925.
New bookings for architectural terra cotta were
smaller in tonnage than in either the previous month
or a year ago with a corresponding decline for the first
two months total. Terra cotta bookings in point of
value, however, though smaller than in January, were
larger than in February, 1925, with an increase for
the two months' total over the previous year.
The production of Portland cement was smaller than
in either the previous month or February of last year,
with a decline of 9 per cent registered in the two
months' total from the corresponding period of the
preceding year. Shipments of Portland cement, on
the other hand, were larger than in January, but
smaller than a year ago, with an increase in the two
months' total of 3 per cent.
Cement stocks at the end of February continued to
increase, standing at 13 per cent above a year ago.
Prices of cement showed no change during the month.
Concrete paving contracts awarded during February
were larger than in January but smaller than a year
ago.
The production of polished plate glass, although 2
per cent smaller than in January, was 23 per cent
13
larger than in February, 1925, while as compared with
the preceding year the two months7 total for 1926 was
likewise 23 per cent greater.
Shipments of all classes of enameled sanitary ware
were smaller in February than in either the preceding
month or a year ago, with similar comparisons for new
orders received during the month.
Tr&de reports on the wet-process vitreous enamel
industry, covering stoves, kitchenware, scales, refrigerator linings, etc., for the past six months, as compiled
by the Enamelist Publishing Co., show the following
percentages of furnaces in operation each month as
reported by about 350 furnaces, representing about 90
per cent of the industry: October, 84; November, 86;
December, 73; January, 65; February, 72; and
March, 85.
PRODUCTION, SHIPMENTS, AND STOCKS OF CEMENT
[February, 1926, is latest month plotted]
HIDES AND SKINS
Total imports of hides and skins in February were
larger than in either the previous month or a year ago,
but for the first two months of the current year the
importation was smaller than during the corresponding
period of 1925, the decline being due to smaller imports
of cattle hides and goatskins. The production of
boots and shoes in February was smaller than a year
ago but larger than in the preceding month. Exports
of boots and shoes were smaller in February than either
comparative period, while exports of sole leather,
though larger than in January, were smaller than a
year ago, and exports of upper leather, though smaller
than in January, were larger than a year ago. Prices of
leather and boots and shoes showed no change during
the month.
PAPER AND PAPER PRODUCTS
Imports of wood pulp, both mechanical and chemical, showed declines in February from both the preceding month and a year ago, with a similar comparison during the first two months of the current
year. Production of newsprint paper, although larger
than a year ago, was smaller than in January, with
shipments making a similar comparison. Stocks of
newsprint paper held at mills at the end of the month
were smaller than at the end of either the preceding
month or a year ago. Imports of newsprint were
larger in February than in either the previous month
or February of last year, with the two months' total
for 1926 making a similar contrast with 1925. Production of paperboard shipping boxes was larger than
in either the previous month or a year ago, while the
total for the first two months of the current year also
made an increase over 1925. Shipments of sales
books in February were larger than in either the
previous month or February, 1925, while the sales
of abrasive paper and cloth were smaller than in either
comparative period.
NEWSPRINT PAPER PRODUCTION AND MILL STOCKS
[February, 1926, is latest month plotted]
IMPORTS OF HIDES AND SKINS
[February, 1926, is latest month plotted]
1921
1922
1923
1924
1925
CHEMICALS AND OILS
Exports of sulphuric acid in February were smaller
than in either January or a year ago, while imports of
nitrate of soda were larger than in either comparative
period. Imports of potash, on the other hand, were
smaller than in either the preceding month or February, 1925, while exports of fertilizer were larger than
in either the previous month or a year ago.
14
IMPORTS OF POTASH AND NITRATE OP SODA
[February, 1926, is latest month plotted]
by the Turpentine and Rosin Producers7 Association,
are given below:
GUM TURPENTINE AND ROSIN l (PRODUCTION AND CROPPAGE)
NUMBER
1925-26
production spirits turpentine
(in bar- Virgin Yearling
rels, 50
gallons2)
STATE
Alabama
Florida
Georgia
. ..
L o u i s i a n a (west of
Miss. R.) and Texas..
Mississippi and Louisiana (east of Miss. R.).
North and South Carolina (estimated) . _
OF CROPS WORKED, 1925-26
Third Fourth Fifth . Total
year
year year
31, 144
193.3 206.3 248. 1 171.7 112.4
931.8
172, 981 1, 119. 6 1, 203. 3 1, 624. 4 939.5 675.9 5,562.7
206, 035 1, 232. 3 1, 469. 1 1, 856. 0 985.7 253.5 5, 796. 6
17, 976
122.0
141.6
70.7
0
0
334.3
40, 309
338.8
192. 4
106.2
31.6
14.0
683.0
10,000
355.0
478, 445 3, 006. 0 3, 212. 7 3, 905. 42, 128. 5 1, 055. 8:13, 663. 4
Total
i
NUMBER OF CROPS INSTALLED TO BE WORKED, 1926-27
STATE
Production of cottonseed oil, although smaller than
in January, was larger than in February, 1925, while
stocks of cottonseed oil at the end of the month were
smaller than at the end of either the preceding month
or a year ago. Imports of vegetable oils, although
smaller than in January, were larger than in February
a year earlier, with exports of vegetable oil showing
similar comparisons. Stocks of cottonseed at the end
of February were larger than the holdings a year
previous. Consumption of oleomargarine in February
was on about the same level as in January and considerably larger than in February, 1925.
Virgin Yearling Third
year
214.4
Alabama . . .
..
Florida
_. 1, 301. 5
Georgia . . .
_ . _ 1,615.2
Louisiana (west of Miss.
R.) and Texas
157.0
Mississippi and Louisiana
(east of Miss. R.) . .
273.5
North and South Carolina
(estimated)
Total
3, 561. 6
890.2
5, 372. 4
6, 185. 0
396.5
156.5
78.0
5.0
0
313.0
67.0
47.5
18.0
719.0
410.0
2, 946. 2
2, 792. 9
TURPENTINE
1924
1926
January.. _ _
February
_ _ ._
2
March
126.2
771.0
532.1
2, 815. 1 1, 447. 3 13, 973. 1
ROSIN
YEAR AND MONTH
1925
January
February 2
February
July
September. _ __
November
December
__.
The receipts of turpentine at three principal ports
were smaller in February than in either the previous
month or a year ago, with rosin receipts showing
similar comparisons. Wholesale prices for both turpentine and rosin averaged lower than in January,
but were higher than a year earlier.
Data on the production of gum spirits of turpentine
:and rosin in the crop season ending March 31, 1926,
together with information on the classes of crops
worked during that season and the number of crops
installed for the season ending March 31, 1927, as
well as stocks held at stills and at ports, as compiled
177.5
1, 138. 0
1, 447. 1
Total
STOCKS OF TURPENTINE AND ROSIN 1 (END OF MONTH, IN
BARRELS)
July
September. .
November
December
1920
185.0
1, 085. 8
1, 377. 1
Fifth
year
* Data from the Turpentine and Kosin Producers' Association for crop years ending
March
31.
2
Rosin production 3^ round barrels (500 Ibs.) for each barrel of turpentine.
COTTONSEED OIL PRODUCTION AND STOCKS
[February, 1926, is latest month plotted]
187.1
1, 076. 1
1, 213. 5
Fourth
year
.
At stills
At ports
21,420
19, 283
18, 342
23,063
39, 352
61, 253
61, 333
67, 010
238, 511
226, 714
199, 615
184, 800
315, 637
323, 229
275, 046
301, 021
10, 014
6,903
9,151
11, 936
15, 992
21, 765
12, 969
55, 368
43, 138
3 35, 358
51, 793
54, 636
57, 650
62, 041
140, 056
97, 879
150, 045
105, 709
119, 679
121, 659
117, 769
261, 801
232,902
3 231, 369
238, 522
197, 015
221, 273
248, 667
7,303
4,807
7, 568
54,304
46, 719
41, 093
93, 318
78,704
92, 245
218, 726
196, 157
182, 809
At stills
At ports
1
Compiled by the Turpentine and Rosin Producers1 Association. Stocks at stills
cover all such stocks in Texas, Louisiana, and Mississippi, 95 per cent of those in
Alabama, and a few of the larger places in Georgia and Florida, the producers in
these two States generally shipping to the ports as fast as produced. Port stocks
include
Savannah, Jacksonville, Pensacola, New Orleans, and Mobile.
2
As of the 15th of the month. Stocks reported at this date as being held at stills
cover all known stills and for ports the port of Brunswick in addition to the five
other
ports above named.
3
As of the 15th of March.
CEREALS
The visible supply of wheat both in the United
States and Canada, although smaller at the end of
February than at the end of the preceding month,
was about the same as a year ago, the decline from a
year ago in the visible supply in the United States
being offset by the increase over a year ago in the
Canadian supply. Receipts of wheat, as well as
shipments, were smaller than in either the preceding
15
month or a year ago. Exports of wheat and wheat
flour showed similar comparisons. Wheat prices
averaged lower in February than in either the preceding month or February, 1925.
WHEAT RECEIPTS, EXPORTS, AND VISIBLE SUPPLY
[February, 1926, is latest month plotted]
The visible supply of corn on February 28 was larger
than at the end of either the preceding month or on
February 28, 1925. Receipts and shipments of corn
at the primary markets were each smaller than in
January, but as compared with last year receipts
were larger and shipments smaller. Grindings of
corn for starch and glucose manufacture, although
smaller than in January, were larger than in February,
1925. Exports of corn, though smaller than in the
preceding month, were more than four times as large
as a year ago. Wholesale prices of corn continued
to average lower in February.
Receipts of oats at principal interior markets were
smaller than in either the previous month or February
1925, with the visible supply at the end of the month
showing similar comparisons. Exports of oats including meal, although smaller than in January, were
larger than a year ago. Wholesale prices lor oats
averaged lower than either the previous month or a
year ago. Exports of all grains, including flour and
meal, were considerably smaller in February than in
either the previous month or February, 1925.
Receipts of southern paddy rice at mills, although
smaller than in January, were more than twice as
large as February a year earlier. Shipments of rice
from mills as well as at New Orleans also showed
an increase over a year ago. Stocks of domestic rice
held at mills and by dealers at the end of February
were larger than the holdings a year earlier. Rice
exports were smaller than in either the previous month
or a year ago.
Car-lot shipments of apples were larger than in
January and almost twice as large as a year earlier,
while shipments of citrus fruits and white potatoes
showed declines from both comparative periods.
the previous month, the decline being greater than
could be accounted for by the difference in the number
of days. Exports both of beef and of pork products
also declined and a decline in cold storage of beef was
accompanied by an increase in the holdings of pork, as
compared with January.
As compared with a year ago, receipts and slaughter
of cattle exceeded and shipments were smaller than in
February, 1925, while receipts, shipments, and slaughter of hogs declined from a year ago. Prices of cattle
were slightly lower and those of hogs slightly higher
than in January.
The slaughter of sheep and lambs was considerably
less in February than in either the previous month or
a year ago. Receipts at the primary markets also
declined from January but exceeded those of February, 1925, while shipments were larger than for
either prior period. An increase in cold-storage holdings of lamb and mutton at the end of February, as
compared with either January or a year ago, was
accompanied by a decline in price from these periods.
RELATIVE RECEIPTS OF BUTTER, CHEESE, AND EGGS AT
PRIMARY MARKETS
[1919 monthly average=100. February, 1926, is latest month plotted]
300
200
Receipts and cold-storage holdings of poultry declined seasonally and were slightly less than a year
ago. Cold-storage holdings of fish fell considerably
short of those at the end of either January, 1926,
or February, 1925. An increase in receipts of butter
was accompanied by a decline in cold-storage holdings
as compared with both the previous month' and a
year ago, while February prices were slightly stronger.
Receipts and cold-storage holdings of cheese were less
than in January, although exceeding those of a year
MEATS AND DAIRY PRODUCTS
ago. The wholesale price of cheese averaged slightly
The movement and slaughter of cattle, calves, and- lower than during the previous month but was 6 per
hogs was considerably smaller in February than in cent higher than in February, 1925.
16
Receipts of eggs continued to increase seasonally
but fell short of the total a year ago. Cold-storage
holdings, on the other hand, declined slightly from
January, although they were larger than a year ago.
SUGAR, COFFEE, AND TEA
Imports of sugar, both from the island possessions of
the United States and from abroad, showed a large
increase from the previous month and were somewhat
larger than a year ago. Meltings also increased from
both prior periods while refinery stocks at the end of
February were much larger than at the end of either
January, 1926, or February, 1925. Sugar exports were
larger than in January, but considerably less than a
year ago, while sugar prices, though slightly higher
than for the previous month, were from 9 to 14 per
cent lower than in February, 1925.
Sugar receipts at Cuban ports increased seasonally
from the previous month but were 8 per cent less than
a year ago. Exports also increased over January but
to a much smaller degree, while stocks at the end of
February exceeded those at the end of the previous
month by 88 per cent and those of a year ago by 10
per cent.
RAW SUGAR: IMPORTS, MELTINGS, AND REFINERY STOCKS
[February, 1926, is latest month plotted]
TOBACCO
Sales of tobacco at loose-leaf warehouses continued
to decline seasonally but were much greater than at
the end of February a year ago. Tobacco prices
remained unchanged from the previous month but
were slightly higher than during February, 1925.
WATER TRANSPORTATION
Ohio River traffic between Pittsburgh and Wheeling
showed a large increase over the previous month,
but was considerably smaller than a year ago. The
tonnage of vessels clearing American ports for foreign
trade was slightly less than during either the previous
month or a year ago but those of American and of
foreign registry declining from January, although the
tonnages of foreign bottoms was greater than during
February, 1925. Ship construction was also less
during February but considerably larger than a year
ago.
RAILROADS
The total number of cars loaded with freight during
February was 17 per cent less than during the previous
month. All classes of shipments participated in the
decline, although the greatest decreases from January
took place in livestock, grain, and coal. Compared
with a year ago, total car loadings were slightly greater,
and of the different classes only loadings of livestock,
forest products, and ore were less than in February,
1925. Surplus cars, on the other hand, were considerably less than at the end of either January or a
year ago.
A slight increase in shipments of locomotives from
both the previous month and from February, 1925,
was accompanied by a decline from January in unfilled
orders. Unfilled orders of locomotives at the end of
February were substantially larger than a year ago.
DISTRIBUTION MOVEMENT
Sales by mail-order houses in February were 7 per
cent larger than in the same month of 1925, while
for the first two months an increase over the corresponding period of the previous year, amounting to
8 per cent, was recorded. Sales by 10-cent chainstore systems in February were 9 per cent greater than
a year ago with a corresponding increase for the cumulative total for the first two months of the year as
compared with 1925. Newspaper advertising was 7
per cent larger than in February, 1925, although the
cumulative total for the first two months of the current year was 2 per cent smaller than during the corresponding period of 1925. Magazine advertising for
appearance in February magazines was 9 per cent
greater than in the corresponding month of the
previous year, with a 12 per cent advance for the
first two months as compared with the same period
of 1925. Postal receipts at the 100 principal cities
were about 10 per cent larger than in the same month
of 1925 with a corresponding increase in the cumulative total for the first two months over the same
period of the preceding year. Delinquent accounts
in the wholesale electrical trade, although larger in
number than a year ago, were considerably smaller
in value.
SALES BY MAIL-ORDER HOUSES AND 10-CENT CHAIN STORES
[February, 1926, is latest month plotted]
17
LIFE INSURANCE
Sales of new paid-for life insurance, all classes,
showed an increase of 12 per cent, in point of value,
as compared with February, 1925, with an advance
of 13 per cent for the first two months of the current
year over the same period of last year. The increase
in the value of new paid-for insurance over February,
1925, was made despite a decline of 8 per cent in the
number of policies and contracts written, indicating
larger unit values per policy and contract. While the
remaining groups showed increases over February,
1925, a decline occurred in the industrial field, both
as respects the number of policies and their values.
Sales of ordinary showed increases over both the
previous month and a year ago with advances general
in the major geographical districts.
SALES OF ORDINARY LIFE INSURANCE, BY GEOGRAPHICAL
DIVISIONS
months over the same period of 1925 amounting to 9
per cent in New York City and for the country outside
amounting to 7 per" cent. Bills discounted by Federal
reserve banks at the end of February were 24 per cent
greater than a yea# ago with a decline from, February,
1925, of 7 per cent in Federal reserve bank investments
and 2 per cent in the reserve ratio. Loans and discounts of member banks at the end of the month were
6 per cent greater than a year earlier, while investments showed an increase of 2 per cent over February,
1925. Interest rates on New York call loans averaged
higher in February than in the previous month, while
rates on time money were lower. As compared with
prevailing rates a year ago, money on both call and on
time was dearer than in February.
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS
[February, 1926, is latest month plotted]
3,000 -
[February, 1926, is latest month plotted]
1,000
800
COO
LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OP FEDERAL
RESERVE MEMBER BANKS
[February, 1926, is latest month plotted]
14
13
12
1
2
3
4
5
6
20
1922
1923
gll
UNITED .STATES TOTAL
EASTERN MANUFACTURING
WESTERN MANUFACTURING
WESTERN AGRICULTURAL
SOUTHERN
FAR WESTERN
1924
1925
i:
TOTAL INVESTMENTS/
1926
1921
BANKING AND FINANCE
Check payments both in and out of New York City
were 8 per cent larger in February than a year ago, with
an increase in the cumulative total for the first two
89583—26f
3
1922
1923
1924
1925
1926
The gross debt of the Federal Government was
further reduced in February and at the end of that
month was 3 per cent smaller than a year ago, with a
decline of 13 per cent evidenced in the amount of the
short-term debt maturing within five years. Customs
receipts during February were larger than in either
the previous month or a year ago, with a gain of 1 per
cent for the first two months over the corresponding
period of 1925. As against an increase of 6 per cent
during the first two months of the calendar year in
ordinary receipts, there was a 15 per cent decline in
expenditures chargeable to ordinary receipts. The
per capita distribution of money held outside the United
States Treasury and Federal reserve system was 1 per
cent smaller than a year ago.
18
Although there were slightly more failing firms than
a year ago, defaulted liabilities were 15 per cent
smaller than in February, 1925, with a decline of -18
per cent for the first two months as (compared with the
same period of the previous months, The increase in
the number of failures over 1925 iwas solely due to
more failures among manufactures, while as respects
defaulted liabilities, all groups showed declines from
a year ago, with the greatest occurring in the manufacturing group.
The three following charts, drawn from figures reported by the Attorney General in pursuance of the
bankruptcy act of 1898, show the relation between
assets and liabilities of bankrupts, both voluntary and
involuntary, the number of individuals adjudged bankrupts in Federal courts during the period 1912 to 1925
by classes, and the percentage relation between voluntary and involuntary bankrupts among merchants
and manufacturers. Farmers and wage earners have
been grouped together in the second drawing because
the law allows, with certain exceptions, each of these
classes immunity from involuntary bankruptcy proceedings. In the table below are given the statistics on
which these charts are based as reported by the Attorney
General covering the fiscal years from 1912 to 1925.
BANKRUPTCIES AMONG MERCHANTS, MANUFACTURERS, FARMERS, AND WAGE EARNERS
ASSETS AND LIABILITIES OF BANKRUPTS
ASSETS
(912 1913 1914 1915 1916 1917 1918 1919 1820 1921 1922 1923 1924
1926
PERCENTAGE DISTRIBUTION OF VOLUNTARY AND INVOLUNTARY
BANKRUPTCIES AMONG MERCHANTS AND MANUFACTURERS
MANUFACTURERS
MERCHANTS
1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925
1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1926
19
BANKRUPTCY PROCEEDINGS IN FEDERAL COURTS l
"o
H
£
ft
•aa
o
1fi
Other cases
'a
Manufacturers
1
Merchants
YEAR ENDING
JUNE 30—
Wage
earners
NUMBER OF ADJUDICATED BANKRUPTS
Liabilities
Assets
15, 615
12, 656
2, 959
837 4,647 5,354 841 423 3,513 $170, 153, 497 $38, 554, 099
831 4,461 3,700 404 348 2,912 70, 182, 584 13, 049, 012
6 186 1,654 437 75 601 99, 970, 913 25, 505, 087
1913 .
17, 703
Voluntary. . 14, 342
Invol
3,361
942 4,942 6,612 853 333 4,021 227, 083, 215 52, 571, 397
930 4, 863 4,601 433 293 3,222 112,909,204 19, 872, 295
12
79 2,011 420 40 799 114, 174, Oil 32, 699, 102
1912
Voluntary..
Invol
1914
18, 794 1,047 5,803 6,339
Voluntary.. 15, 469 1,030 5,773 4,323
Invol
30 2,016
3,325
17
894 420 4,291 244, 721, 826 49, 608, 754
452 389 3,502 117, 668, 111 18, 999, 075
442 31 789 127,053,715 30, 609, 679
1915
21, 294 1,247 6,672 7,510 1,216 399 4,250 245, 055, 004 52, 412, 270
Voluntary __ 17, 693 1,240 6,632 5,339 619 373 3,490 133, 086, 912 23, 499, 244
40 2,171 597 26 760 111, 968, 092 28, 913, 026
Invol
3,601
7
1916
24, 014 1,662 6,468 9,140 1,229 553 4,962 313, 646, 570 67, 861, 735
Voluntary.. 19, 973 1,644 6,418 6,516 646 519 4,230 172,043,206 28,834,804
50 2,624 583 34 732 141,603,364 38, 966, 931
Invol
4,041
18
1917
25, 358 1,906 7,829 8,716 1,206 588 5,113 323, 557, 441 44, 637, 360
Voluntary.. 21, 202 1,881 7,787 6,121 619 543 4,251 174, 218, 606 18, 288, 532
42 2,595" 587 45 862 149, 338, 835 26, 348, 828
Invol
25
4,156
1 18
23, 530 1,633 8,259 7,090
Voluntary _ . 20, 052 1,614 8,230 5,093
29 1,997
Invol
. _ 3,478
19
966 559 5,023 277, 580, 913 42, 093, 855
511 533 4,071 157, 972, 248 15, 656, 409
455 26 952 119, 608, 665 26, 437, 446
1919
. .
19, 351 1,208 6,789 5,626
Voluntary.. 16, 429 1,191 6,743 4,001
2,922
46 1,625
Invol
17
843 529 4,356 241, 720, 088 33, 358, 711
429 490 3 575 134, 130, 903 14, 096, 986
414 39 '781 107, 589, 185 19, 261, 725
1920
15, 622
Voluntary. . 13, 137
Invol
2,485
999 5,647 3,887 673 510 3,906 201, 626, 264 29, 598, 593
988 5,601 2,672 326 466 3,084 117, 116, 266 11, 454, 496
46 1,215 347 44 822 84, 509, 998 18, 144, 097
11
1921
15, 200 1,368 5,928 3,755
Voluntary. . 12, 661 1,364 5,897 2,515
Invol
2,539
4
31 1,240
580 299 3,270 171, 284, 367 27, 278, 199
298 275 2,312 99, 190, 422 11, 537, 665
282 24 958 72, 093, 945 15, 740, 534
1922
22, 517 3,238 7,582 6,474
Voluntary _ _ 18, 728 3,215 7,550 4,480
Invol
32 1,994
3,789
23
811 342 4,060 255, 613, 896 37, 899, 609
418 327 2, 738 161, 315, 300 16, 708, 764
393 25 1,322 94, 298, 596 21, 190, 845
1923
34, 401 5, 945 10, 261 10, 861 1,319 497 5,518 486,400,908 61, 861, 449
Voluntary., 28, 492 5,915 10, 173 7,195 646 467 4,096 298, 190, 416 24, 466, 341
Invol
5,909
88 3,666 673 30 1,422 188, 210, 492 37, 395, 108
30
1924
41, 649 7,781 13, 130 12, 101 1,529 671 6,437 663, 644, 791 71, 587, 137
Voluntary.. 35, 372 7,775 13, 126 8,146 746 619 4,960 427, 812, 431 29,835,877
Invol ..
6,277
4 3,955 783 52 1,477 235, 832, 360 41,751,260
6
1925 .
44, 440 7,874 14, 478 11,515 1, 557 765 8,251 747, 522, 848 85, 348, 873
Voluntary.. 37, 776 7,854 14, 444 7,629 739 724 8,386 408, 067, 882 32, 106, 624
Invol
20
34 3,886 818 41 1,865 339, 454, 965 53, 242, 249
6,664
1
Statistics collected pursuant to the act of July 1,1898 "creating a uniform system
of bankruptcy throughout the United States," being the fourth law on this subject
enacted by Congress under the Constitutional provision authorizing the enactment
of a uniform system. The prior laws were: First, that of Apr. 4, 1800, which was
limited to 5 years, but was repealed Dec. 19, 1803; second, that of Aug. 14,1841,
repealed Mar. 3,1843; and third, that of Mar. 2,1867, repealed June 7,1878. During
the suspension of the Federal laws various State insolvency laws were in operation.
NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES
In the table below are given data from trade sources
showing the amount of dividends paid by textile mills
in Spartanburg County, S. C., as well as the capitalization and the ratio between dividends and capitalization at semiannual periods since January 1, 1921:
MILL DIVIDENDS IN SPARTANBURG COUNTY, SOUTH CAROLINA 1
DATE
Jan. 1, 1921
July 1, 1921..
Jan. 1, 1922.
July 1, 1922
Jan. 1, 1923
July 1, 1923
Jan. 1, 1924
July 1, 1924
Jan. 1, 1925
July 1, 1925
Jan. 1, 1926
1
_
Dividends
$838 170
557, 130
576, 783
554, 047
815, 223
592 069
676, 326
600, 701
590, 951
582, 829
614 079
Capitalization Ratio
$16 267 400
16, 536, 400
16, 536, 400
16, 536, 400
17, 048, 900
16 043 900
16, 567, 900
16, 567, 900
16, 567, 900
16,567,900
16,769 900
5 15
3.37
3.49
3.35
4.78
3 69
4.08
3. 63
3 57
3.52
3 66
Compiled by A. W. Law & Co.
Payments to investors during March were greater
than in either the preceding month or a year ago with
an advance in dividend disbursements of 4 per cent
for the two months ending February as compared with
the same period of 1925, with an increase of 4 per
cent in the case of dividends paid by industrial corporations and 6 per cent in the case of street railways. New
incorporations were larger than in either the preceding
month or a year ago, while the capitalization for the
first two months of the current year was more than
three times as large as in the same period of 1925.
New corporate securities in February were likewise
larger than in the previous month or a year ago.
Prices of representative stocks averaged lower in
February than in the previous month but were higher
than in February, 1925. The volume of turnover of
stocks on the New York Exchange, although smaller
than in January, was larger than a year ago, while
bond sales in February were smaller than in either
comparative period. Bond prices continued to average higher both as respects January and a year ago
with the greatest percentage increase over a year ago
in prices of second-grade rails.
[February, 1926, is latest month plotted]
FOREIGN TRADE AND EXCHANGE
Exports of merchandise were smaller in February
than in either the previous month or a year ago, while
imports, although smaller than in January, were larger
than in February, 1925.
Exchange on the principal currencies showed increases over the previous month in the Japanese yen,
the Indian rupee, and the Chilean peso, with declines
in the French franc, Canadian dollar, and Argentine
peso. Rates on England, Italy, and the other principal continental currencies showed no change from the
preceding month.
20
Imports of silver were larger than in either the
previous month or a year ago, while silver exports,
although smaller than in January, were larger than in
February, 1925. The production of silver by domestic mines in February was smaller than in either the
previous month or a year ago, while the price of silver
continued to average lower.
IMPORTS AND EXPORTS OF MERCHANDISE
[February, 1926, is latest month plotted]
GOLD TRADE BALANCE: SHOWING EXCESS OF IMPORTS
OR EXPORTS
[February, 1926, is latest month plotted]
GOLD AND SILVER
Imports of gold were larger than in either the previous month or a year ago, while exports, though
smaller than a year ago, were larger than in January.
Domestic receipts of gold at the mint were smaller
than in either the previous month or a year ago.
1920
[
J92J
|
1922
J
1923[
1924
(
J925
1
1926
COLD-STORAGE HOLDINGS OF MISCELLANEOUS MEATS
1917
1918
1919
1930
1931
1933
1933
1934
1935
1936
MONTH
Thousands of pounds
55,658
67,632
80,200
78,252
141,914
132,070
125, 735
113, 125
113, 228
109, 452
100,048
87, 435
85, 254
95, 163
87,935
93,045
57, 171
56, 459
53, 801
52, 068
67, 234
67, 879
69, 997
69, 385
81,922
82, 550
80, 460
74, 787
98, 162
101, 163
94, 128
87,090
47,754
71,148
77,470
79,959
96,316
97, 195
95,908
91,448
85, 358
86, 384
86,047
78, 670
69,471
90, 392
85,207
80,995
79,778
50, 205
54, 878
54, 734
55, 773
66,985
71,470
68, 355
65,928
68, 837
70, 029
67,935
63,644
80, 070
76, 586
69, 866
64,573
44,328
42,914
50, 355
55, 560
96,879
102, 623
106, 254
128, 892
80, 454
82, 113
82, 853
108, 766
63, 957
59, 486
60, 092
75, 421
69,739
60, 666
61, 216
60, 255
49,047
45,954
50, 405
63,201
60, 410
52, 714
66, 817
83,303
57, 201
57, 619
67, 260
92, 475
52, 550
44,954
50,415
56, 696
2 48, 182
86, 774
103, 078
82, 474
79, 137
53, 641
67, 540
72, 060
73, 021
January
February
March ..
April
May
June..
July
August «.
September.
October
November
December.... .
._
.
.....
Monthly average
.
57, 168
54, 676
1 Compiled by U. S. Department of Agriculture and includes all stocks of beef, pork, and mutton trimmings and edible offal that have been frozen, cured, or otherwise
prepared for food. It does not include the trimmings that have not been frozen, cured, nor processed, nor does it include sausage or canned-meat products. Data are
given
for the end of each month.
2
Average for five months, August to December, inclusive.
21
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend [in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general of weighted combinations of series
of individual relative numbers; often the individual relative numbers making up the series are also given.
The function of index and relative numbers is explained on the inside front cover, A condensed form of this
table is given on page 7.
1924
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1, Decem1920
ber
19)35
PER CENT INCREASE (-f )
OR DECREASE (— )
1926
January
February
December
January
February
February,
1926, from
January,
1926
February,
1926, from
February,
1925
93
-16.2
-2.1
PRODUCTION
(Relative to 1919 monthly average as 100)
RAW MATERIALS
Grand total
180
73
143
120
95
142
111
MINERALS
Total
_
Petroleum
Bituminous coal
.
Anthracite coal...
Iron ore *
Copper
Lead _ _
Zinc_ .
Gold
Silver
.
156
216
137
121
262
148
188
138
131
145
62
105
41
0
0
17
78
38
57
80
124
180
119
101
0
134
163
123
92
120
133
189
134
101
0
147
167
132
88
117
113
171
100
98
0
137
150
124
82
108
122
193
136
3
0
138
184
138
96
104
122
189
138
2
0
141
180
149
87
109
113
-7. 4
172
-9.0
120
-13.0
28 + 1300.0
0
0.0
134
-5.0
170
-5.6
132
-11.4
75
-13.8
105
-3. 7
0.0
+0. 6
+20.0
-71.4
0.0
-2.2
+ 13.3
+6.5
-8.5
-2.8
138
227
143
. . . ..
177
153
.
. . 245
_
390
163
190
80
19
58
64
54
30
21
45
94
138
93
102
177
71
43
390
71
130
113
19
91
163
65
52
143
64
129
102
27
75
122
61
99
101
105
122
123
31
100
117
71
53
345
54
136
107
27
90
115
68
76
135
79
135
97
29
76
90
66
90
97
129
129
-9.3
4-7.4
-15.6
-21.7
-2.9
+ 18.4
-28. 1
+63.3
-4.4
-4.9
+7.4
+ 1.3
—26.2
+8.2
-9.1
-4.0
+22.9
+5.7
246
242
254
405
310
170
49
43
58
50
19
19
158
133
92
84
234
106
119
121
130
83
128
101
81
82
129
69
79
59
164
137
86
83
239
135
109
105
111
77
114
130
80
82
97
74
74
83
-26.6
-21.9
-12.6
-35. 1
-36.2
o. y
-1.2
0.0
-24.8
+7.2
-6.3
+40.7
136
137
164
267
149
61
59
51
20
24
108
104
110
196
85
116
119
106
76
103
111
116
88
67
91
118
116
120
151
109
108
110
120
56
105
116
122
100
45
95
+ 7.4
+ 10.9
-16.7
-19.6
-9.5
+4.4
+ 5.2
+36.4
-16.4
+4.4
131
136
129
130
147
166
115
121
191
164
195
132
148
71
112
68
112
77
104
54
109
32
122
57
127
63
83
69
106
92 - 173
69
116
71
149
70
100
95
37
117
122
113
117
141
144
85
113
168
106
179
111
104
124
115
94
108
127
137
85
99
151
100
171
100
112
122
122
105
110
134
142
76
119
186
112
167
104
119
122
122
105
108
140
138
75
122
179
95
167
110
122
130
120
92
106
128
146
69
113
164
85
156
105
134
+6.6
-1.6
-12.4
-1.9
-8.6
+ 5.8
-8.0
-7.4
-8.4
-10.5
-6.6
—4. 5
+ 9.8
+4.8
+4.3
-2.1
-1.9
+ 0.8
+6.6
-11.8
+ 14.1
+8.6
-15.0
-2.3
+5.0
+ 19.6
_ __
-_-
.
ANIMAL PRODUCTS (marketings)
Total
_
Wool*
Cattle and calves
Hogs
Sheep
Eggs*
.
Poultry*
Fish
Milk (New York)
»
CROPS (marketings)
Total
_
Grains *
Vegetables *
Fruits*
Cotton products *
Miscellaneous crops * -
. .
FOREST PRODUCTS
Total
_-_
I
Lumber
_»
Pulp wood .
Gum (rosin and turpentine) * .
Distilled woodJ
MANUFACTURING
Grand total (adjusted for working days) _ - _
Grand total (unadjusted). . .
Foodstuffs
Textiles
- * .
Iron and steel - _~
Lumber
Leather
.
Paper and printing _
Chemicals^ oils, etc _ _
- - _
Stone and clay products _ _ . . . . . .
Metals, excepting iron and steel
:
Tobacco
Miscellaneous
.
• Fluctuations between maximum and minimum due largely to seasonal conditions.
22
INDEXES OF BUSINESS—Continued
1924
1995
PEE CENT INCREASE (+)
OB DECREASE (— )
1926
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
167
228
189
121
185
91
73
89
58
86
144
186
136
88
152
155
186
149
87
178
151
181
139
86
177
153
206
155
75
161
167
228
168
74
179
165
224
162
75
178
-1.2
-1.8
-3.6
+ 1.4
0. 6
+ 9.3
+ 23.8
+ 16. 5
-12.8
+0.6
168
236
202
115
179
84
70
68
56
88
155
191
174
82
162
162
216
157
85
172
164
230
137
83
178
161
196
199
71
172
165
218
181
72
175
168
236
163
70
179
+ 1.8
+ 8.3
-9.9
2. 8
+ 2.3
+ 2.4
+ 2.6
+ 19.0
15. 7
+0.6
116
112
153
40
32
25
62
49
114
62
50
115
63
50
115
64
51
119
61
48
114
57
44
110
6 6
-3.5
9 5
-12.0
-4.3
126
129
136
135
133
150
'89
60
59
43
62
88
58
U6
79
99
56
83
109
77
66
79
89
43
80
116
82
71
76
90
46
73
109
88
69
79
101
54
83
111
74
72
79
86
43
77
111
79
79
77
87
50
71
110
87
75
-2.5
+ 1. 2
+ 16.3
7 8
-0.9
+ 10. 1
5. 1
+ 1.3
3. 3
+ 8.7
2 7
+ 0.9
1. 1
+ 8.7
170
49
148
108
105
166
116
111
4. 3
427
214
330
220
212
282
188
84
55
119
109
106
109
72
366
184
253
187
192
282
186
151
92
250
155
122
162
107
156
99
233
146
119
175
100
427
214
330
220
212
280
188
166
101
286
178
127
167
108
170
105
289
172
127
173
97
+ 2.4
+ 4.0
+ 1.0
-3. 4
0.0'
+ 3.6
-10.2
+ 9.0
+ 6.1
+24.0
+ 17. 8
+ 6. 7
-1. 1
-3.0
224
154
80
100
210
124
108
119
101
127
224
129
115
126
105
133
-8.7
+ 5.6
+ 4.0
+ 4.7
2
2
2
2
2
2
2
2
2
2
2
2
2
89
90
96
93
90
88
86
85
92
93 |
92
91
102
101
90
91
94
90
94
93
92
96
86
85
90
87
92
93
92
88
93
95
101
92
92
96
93
87
92
93
93
90
90
92
89
104
98
98
102
95
93
94
93
90
90
90
89
91
103
98
94
100
85
93
97
94
89
90
92
90
93
102
101
94
102
89
94
98
+ 11
-1 1
0.0
+ 2.2
+ 1.1
+2.2
— 1.0
+ 3. 1
0.0
+2.0
+4.7
+ 1.1
+ 1.0
+ 2.2
-4.3
-2.2
+ 4.5
-3.2
-2. 1
+ 1.0
+ 9.8
+2.2
+ 6.2
— 4.3
+8.0
+6.5
Decem- January Febru- Decem- January February
ary
ber
ber
February,
1926, from
January*
1926
February,
1926, from
February,
1925
STOCKS
(Relative to 1910 monthly average as 100)
(Corrected for seasonal variation)
Total
Raw foodstuffs
.
Raw materials for manufacture
Manufactured foodstuffs. ..
Manufactured commodities
(Unadjusted Index)
Total...
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs .
Manufactured commodities
UNFILLED ORDERS
...
(Relative to 1920 monthly average as 100)
(Iron, Steel, and Building Materials)
Total (8 commodities)
Iron and steel
Building materials
o. O
WHOLESALE TRADE
(Relative to 1919 monthly average as 100)
(Distributed by Federal Reserve Districts)
Grand total, all classes
Hardware (10 districts)
Shoes (8 districts)
Groceries (11 districts)
Drugs (7 districts) .
Dry goods (8 districts)
Meats
..
...
- »
RETAIL TRADE
(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)
CHAIN STORES:
Ten-cent (5 chains)
Music (4 chains)
Grocery (27 chains)
Drugs (9 chains)
Cigar (3 chains)
Candy (5 chains)
Shoe (6 chains)
DEPARTMENT STORES:
Sales (359 stores)
Stocks (314 stores)
EMPLOYMENT
..
+ 5.7
(Relative to 1923 monthly average as 100)
Number employed, by industries:
2
102
Total, all classes..
a2 107
Food products
.
103
Textiles
2
104
Iron and steel
.
2
103
Lumber
2
Leather.
105
8
104
Paper and printing
2
105
Chemicals
2
Stone, clay, and glass
105
2
Metal products other than iron and steeL 2 107
108
Tobacco products .
2
103
Vehicles
2
107
Miscellaneous
i Since Jan. 1,1921.
85
87
81
79
92
83
93
84
90
66
86
75
80
> Since July 1,1922.
23
INDEXES OF BUSINESS—Continued
1934
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
2105
U07
2
106
2
108
2106
2
108
2
113
2
103
2109
2
110
2
112
2
107
2
112
274
285
PER CENT INCREASE (+)
OR DECREASE (— )
1926
1935
January
February
February,
1926, from
January,
1926
February,
1926, from
February,
1925
97
97
90
97
100
84
113
101
106
106
101
97
99
95
94
91
95
91
87
110
100
98
101
88
86
100
99
93
93
99
96
91
110
101
101
104
86
98
102
+ 13
-1. 1
+2.2
+4.2
+ 5.5
+ 4.6
0.0
+ 1.0
+ 3.1
+ 3.0
-2.3
+ 14.0
+ 2.0
-2. 1
-3. 1
+ 6.5
0.0
-5.2
+ 5.8
+ 7.4
+ 3.1
+ 6.1
-3.4
+ 6.5
+ 6.2
146
178
131
126
142
183
96
143
140
194
136
163
139
92
143
143
214
140
153
138
87
143
140
214
146
144
142
87
0.0
-2. 1
0.0
+ 4.3
-5.9
+ 2.9
0.0
-3. 1
-21.3
+ 63.4
+ 15.9
+ 1.4
-22.4
-9.4
160
163
160
191
168
136
179
135
173
127
161
162
157
191
178
136
183
135
173
125
156
152
157
187
175
130
177
135
166
138
156
152
156
186
177
129
178
133
165
135
155
150
153
184
179
128
177
132
164
133
-0.6
-1.3
1. 9
1i
+ 1.1
-0.8
06
0. 8
-0.6
-1.5
-3.7
-7.4
2. 5
3 7
+ 0.6
-5.9
3 3
-2.2
-5.2
+ 6.4
167
151
169
151
167
150
163
152
161
149
159
145
-1.2
-2.7
-4.8
-3.3
166
152
184
173
162
175
167
154
184
174
162
175
165
151
183
172
162
175
171
166
177
177
166
176
170
164
177
176
166
176
170
162
177
176
169
175
0.0
-1.2
0.0
0.0
+ 1.8
-0.6
+3.0
+ 7.3
-3.3
+ 2.3
+4.3
0.0
January
February
262
284
2
78
2
88
285
284
2
70
2
88
2
60
2
72
92
100
90
88
97
88
106
92
100
96
103
86
90
90
96
92
90
90
92
105
91
92
95
96
79
91
95
95
96
93
96
96
104
94
98
98
89
92
96
335
283
373
186
215
304
180
110
88
108
91
122
76
74
139
155
110
113
158
176
102
146
172
122
123
154
182
94
US
243
248
346
281
203
300
. . 213
275
208
138
114
131
171
162
109
155
121
166
111
157
157
158
191
165
133
175
135
172
129
218
227
134
115
205
219
186
288
200
192
155
139
143
153
149
171
December
December
EMPLOYMENT— Continued
(Relative to 1023 monthly average as 100)
Amount of pay roll, by industries:
Total, all classes
. . ..
Food products
Textiles
_
Iron and steel
Lumber
.
Leather
. .
Paper and printing
Chemicals
Stone, clay, and glass
- Metal products other than iron and steel.
Tobacco products _
Vehicles
Miscellaneous
. - . _
272
+ 4.3
PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
,
Grain
Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cotton seed
Unclassified
.-
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1913)
All commodities
Farm products
Food, etc
-.
.._
Cloths and clothing
Fuel and lighting
Metals and metal products
Building materials
Chemicals
House-furnishing goods
Miscellaneous
.
Commercial Indexes
(Relative to 1913)
Dun's (1st of following month)
,. _.
Bradstreet's (1st of following month)..
COST OF LIVING
National Industrial Conference Board Indexes
(Relative to July, 1914)
All items weighted
Food (Dept. Labor)
Shelter.
Clothing
Fuel and light
Sundries
....
' Sinct July 1,1922.
.
24
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS
GROUPED BY FEDERAL RESERVE DISTRICTS
[ Table continued on p. $6]
BOSTON DISTRICT
YEAR AND MONTH
U.S.
141
CEN- Tota,,
HartTERS centers Boston ford
NEW YORK DISTRICT
1919 average, millions
of dollars _
37,446
1919Jmonthly average. 1OO.O
1920 monthly average. 106.0
1921 monthly average.
88.7
1922 monthly average.
97.8
1923 monthly average. 103.2
1924 monthly average. 109.5
1925 monthly average. 126.8
1934
JulyAugust.. _ .
September
_„
October
November . . ._
December
1935
January. _
February
March
April
May
June. .
July
AugustSeptember
October
November .
..December
1936
JanuaryFebruary
.
March
April
May
June.
Total,
Roches- New
Provi- New
ter
dence Haven centers Albany Buffalo
York
YEAR AND MONTH
1919 average, millions
of dollars
Trenton
1,769
1,245
92
144
72
20, 917
87
263
120
20,354
1,625
1,373
53
43
100.0
105.9
106.7
109.3
120.2
125.6
143.9
100.0
117.4
98.9
103.3
119.6
131.3
141.7
100.0
118.7
93.0
95.1
105.5
104.4
114.9
100.0
118.1
98.6
104.2
122.2
125.8
134.6
100.0
99.3
85.2
98.4
98.2
108.3
128.7
100.0
111.5
119.5
119.5
118.3
135.0
147.7
100.0
114.8
92.8
99.6
114.8
115.0
133.3
100.0
119.2
103.3
110.0
124.2
129.0
144.3
100.0
98.8
84.8
98.3
97.6
107.9
128.3
100.0
113.3
95.9
102.5
114.3
116.8
129.5
100.0
112.4
93.8
101.7
111.9
114.3
128.1
100.0
124.5
122. f
109.4
139.6
142.3
138.9
100.0
125.6
111.6
118.6
137.2
146.5
159.6
107.2
103.3
104.1
116.0
111.9
131.3
119.3
112.5
111.6
133.2
127.4
139.5
123.8
118.6
116.5
137.3
135.7
147.0
142.4
115.2
119.6
142.4
120.7
138.0
95.8
92.3
92.3
121.5
102.1
121. 7
133.3
115.3
125.0
137.5
115.3
134.7
106.1
103.1
102.3
111.1
113.4
134.4
136.7
125.2
126.4
149.4
125.2
152.8
118.6
104.9
106.5
123.9
114.8
124.7
135.8
120.0
120.0
131.7
115.0
157.5
105.5
102.8
101.9
110.6
113.2
134.3
117.1
107.6
110.4
121.1
112.1
138.0
114.4
105.5
107.6
118.2
110.2
136.3
147.2
128.3
141.5
152.8
132.1
151.0
151.2
130.3
151.2
146.5
137.2
179.1
133.4
110.8
127.1
119.0
124.4
129.8
125.6
115.2
120.8
141.4
129.1
145.2
151.8
121.9
128.9
131.5
128.5
134.3
133.6
120.9
121.8
164.2
149.5
153.3
162.3
128.8
133.8
137.4
134.3
139.6
138.4
126.1
128.0
177.2
160.0
161.0
144.6
121.7
134.5
134.8
133.7
148.9
152.2
131.5
129.4
151. 1
147.8
170.7
129.1
106.2
112.5
113.2
112.5
114.6
112.5
102.8
101.4
126.4
120.1
127. 8
137.5
118.1
137.5
129.2
129.2
138.9
144.5
129.2
127.8
148.6
134.7
140.3
136.3
113.6
129.9
118.2
129.0
132.7
125.6
114.8
120.1
142.5
132.8
148.9
135.6
111.5
203.4
163.2
163.2
164.3
142.5
134.4
127.5
149.0
118. 3
159.7
138.0
106.8
119.8
129.3
135.0
133.8
140.7
133.1
128.1
158.5
137.3
139.5
167.5
135.0
139.2
135.0
139.2
164.2
145.8
125.0
137.5
156. 7
134.2
151.7
136.0
112.6
129.6
117.6
128.6
132.3
125.1
114.3
119.7 1
142.1
132.7
148.9
133.7
109.5
129.6
124.6
127.4
141.4
131.6
118.5
124.7
141.5
123.6
148.0
132.3
108.0
128.7
122.1
126.2
140.8
128.8
115.7
123.0
140.0
122.8
148.9
158.5
126.4
147.2
143.4
139.6
156.6
147.2
139.6
135.9
13T.8
111.3
122.7
148.9
132.6
139.6
151.2
158.2
167.5
176.8
151.2
160.5
174.5
160.5
193.1
144.6
119.7
159.1
123.0
169.6
130.1
175.0
142.4
131. 2
99.3
145.8
119.5
150.2
122.1
142.5
147.1
154.7
120.5
159.2
129.2
150.0
121.9
139.2
116.4
139.0
116.2
132. 1
103.8
169.8
169.8
Des
Grand
Moines Rapids
Sioux
City
BirTotal,
15 Atlanta mingham
centers
New
Orleans
CHICAGO DISTRICT
Jacksonville
Nashville
93
100.0
Augusta
Total,
31
centers
Chicago
Detroit
MilIndian- wauapolis
kee
37
4,242
2,800
525
136
237
83
75
63
120.4
105.4
71.0
78.5
79.2
87.6
100.0
110.8
64.9
70.3
83.8
74.6
78.2
100.0
116.0
92.0
96.8
108.8
110.8
124.9
100.0
113.0
91.7
96.2
105.0
113.8
120.4
100.0
125.2
91.2
101.3
125.7
130.6
158.3
100.0
123.5
100.0
104.4
115.4
110.8
115.4
10O.O
124.0
97.5
101.7
115.6
110.5
119.4
100.O
114.5
84.4
83.1
97.6
103.2
89.9
100.O
128.0
109.3
81.3
89.3
88.4
114.1
1OO.O
109.5
63.5
101.6
119.0
123.4
136.9
116.6
116.6
114.6
133.3
125.0
152.1
76.3
74.2
77.4
89.2
77.4
84.9
62.2
54.1
81.1
97.3
83.8
91.9
119.6
105.3
104.5
116.6
106.1
125.5
106.3
102.3
110.5
112.6
104.2
125.4
126.1
124.4
123.3
133.4
124.2
139.8
114.0
105.1
106.6
116.2
102.9
116.2
106.7
100.4
103.8
121.9
104.2
121.0
126.5
114.5
112.1
124.1
84.4
91.6
86.6
85.3
89.3
97.3
81.3
110.6
125.4
120.6
125.4
131.7
104.7
181.7
137.8
100.3
118.7
106.2
120.4
104.6
108.9
99.3
124.3
143.4
119.7
134.5
156. 2
147.9
166.6
175. 0
181. 2
191.6
200.0
197.9
225.0
281.2
250.0
302.0
95.7
79.6
90.3
88.2
84.9
86.0
90.3
80.6
88.2
93.5
82.8
91.4
78.4
78.4
86.5
75.7
64.9
59.5
62.2
64.9
89.2
108.1
81.1
89.2
129.4
105.6
128.5
120.9
123.7
130.2
129.0
116.6
120.7
136.1
119.9
137.9
127.4
103.0
127.4
116.3
119.5
126.0
123.8
110.6
115.1
130.1
113.0
132.8
144.4
122.5
145.5
153.5
158.3
170.3
167.8
152.4
161.9
178.7
164.0
180.0
133.1
99.3
106.6
105.1
112.5
118.4
123.5
108.1
105.1
122.1
111.8
139.0
125.7
110.1
129.1
113.5
115.6
119.8
118.6
113.1
117.3
130.4
114.3
125.7
92.8
73.5
92.8
91.6
81.9
80.7
96.4
80.7
86.8
106.0
94.0
100.0
116.0
90.6
102.6
104.0
105.3
114.6
121.3
128.0
114. 6
125.3
116.0
130.6
160.3
134.9
150.3
141.2
130.1
134.9
133.3
128.5
117.4
139.7
120.6
141.2
131.2
103.3
287.5
254.1
88.2
87.1
86.5
67.6
137.9
118.6
135.2
115.9
167.4
144.6
137.5
119.1
130.8
117.3
100.0
83.1
122.6
101.3
147.6
125.4
928
123
59
304
48
monthly average. . 100.0
monthly average. . 115.1
84.2
monthly average..
86.0
monthly average. .
monthly average.. 100.0
monthly average.. 105.3
monthly average. . 125.0
100.0
108.9
85.4
90.2
108.9
113.1
129. 2
100.0
128.8
103.4
133.9
183.1
199.3
226.7
100.0
115.4
82.2
89.5
97.4
106.4
118.2
100.0
125.0
91.7
97.9
112.5
126.5
206. 2
98.5
91.5
103.4
121.8
104.9
124.4
101.6
100.0
108.1
128.5
114.6
135.8
188.1
178.0
193.2
244.1
218.7
240.7
100.3
87.8
104.6
125.6
101.0
126.0
129.5
105.2
120.8
114. 4
118.3
114.2
117.7
113. 5
134.9
154.2
130.1
147.3
130.1
113.8
131.7
121.1
122.8
123.6
118.7
119.5
136.6
154.5
132.5
145.5
259.3
198.3
217.0
217.0
211.9
211.9
220.4
206.8
247.5
262.7
222.0
245.8
144.2
120.5
139.8
122.8
262.7
215.3
1924
July
August
September
.
..
October
November
December ... _".
1935
January
...
February
March.
_ ..
April
May
June
July
August
September.' . ...
October
November
December—
1936
January
February
Total, Phila- Scran10
centers delphia ton
1OO.O
109.2
102.4
105.5
117.1
120.9
136.7
ATLANTA DISTRICT
1919
1920
1921
1922
1923
1924
1925
PHILADELPHIA DISTRICT
nTOTAL,
May
* Compiled from data collected by the Federal Reserve Board, this table supplements similar data published in the October, 1923, SURVEY (No. 26), pp. 51 to 55, and
which have been carried forward since that issue in the July, 1924, SURVEY (No. 35), pp. 58 to 60. Subsequent comparable data will appear in the advance reprints.
25
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS
GROUPED BT FEDERAL RESERVE DISTRICTS
[Table continued on p. SB]
CLEVELAND DISTRICT
YEAR AND MONTH
Total,
Cleve13
Akron Cincinland
nati
centers
January ._
February.
March.. _ _
April. ._
May
June
Rich- Charleston
mond
90
247
653
746
60
116
116
50
718
404
84
116
100.0
113.0
107.7
117.4
133.6
128.0
142.7
100.0
115.9
81.9
84.1
99.2
96.8
106.6
100.0
118.5
94.9
97.2
112.7
113.2
126.4
100.0
110.0
78.3
83.3
103.4
102.0
117.0
100.0
117.2
100.0
132.8
153.5
155.7
178.3
100.0
111.2
102.6
112.1
128.5
116.0
126.9
100.0
104.0
110.0
112.0
138.0
136.0
156.0
100,0
111.8
95.5
89.6
98.6
96.3
106.7
100.0
115.6
104.9
89.1
93.3
93.4
104.6
100.0
102.3
71.4
78.5
88.1
82.2
85.6
100.0
107.8
98.3
110.9
112.9
109.1
122.4
100.O
102.7
67.6
67.6
78.4
60.6
73.0
109.0
100.9
101.7
117.2
100.9
125.7
84.4
73.3
81.1
85.5
75.5
94.4
128.4
114.6
117.0
134.4
120.7
160.7
95.5
87.4
91.4
101.0
89.1
115.0
114.2
107.3
101.0
120.7
105.1
133.1
105. 086.7
101.7
105.0
86.7
113.4
145.7
141.4
147.4
197.4
140.5
156.9
113.8
106.9
114.7
125.0
115.5
129.3
140.0
122.0
132.0
140.0
122.0
142.0
94.2
93.9
90.4
102.2
94.0
110.9
92.1
96.5
90.1
99.2
89.6
104.7
85.7
71.4
66.6
82.1
84.5
109.5
106.0
106.0
105.2
117.2
110.3
127.6
62.2
56.8
59.5
75.7
67.6
83.8
128.0
104.3
116.4
122.6
114.1
125.3
130.6
114.5
117.6
135.6
119.3
135.1
94.4
73.3
86.7
101.1
93.3
100.0
110.0
98.9
118.9
116.7
97.8
108,9
155.5
121.9
144.1
149.0
132.8
145.8
143.7
127.5
136.9
153.5
140. 5
160.7
110.4
86.5
96.1
112.8
103.5
113.1
116.2
101.2
103.0
116.7
102.6
117.4
135.1
114.7
128.0
124.0
113.5
126.1
132.7
114.6
117.3
143.1
128.1
139.5
135.0
96.7
105.0
120.0
103.4
110.0
120.0
110.0
123.4
148.4
111.7
120.0
180.2
146.6
167.2
177.6
180.2
197.4
192.2
173.3
170.7
193.1
163.8
207.8
126.7
104.3
116.4
125.9
118.1
131.0
136.2
124.1
131.9
140.5
122.4
144.8
162.0
126.0
150.0
154.0
146.0
164.0
188.0
154.0
156.0
162.0
142.0
168.0
106.9
94.0
102.9
104.2
100.2
108.0
110.7
100.9
105.6
116.9
107.3
122.3
101.5
84.9
98.0
105.7
101.0
111.9
112.9
104.0
104.0
111.4
102.0
117.8
90.4
79.7
84.5
82.1
82.1
80.9
80.9
72.6
76.2
95.2
92.8
109.5
126.7
109.5
116.4
105.2
103.5
117.2
111.2
116.4
130.2
145.7
138.8
150.0
86.5
67.6
78.4
75.7
62.2
56.8
59.5
94.6
67.6
83.8
67.6
75.7
137.9
109.9
111.1
86.7
175.7
138.9
126.3
90.6
136.8
117.7
123.4
96.7
200.9
169.0
146.6
111.2
188.0
146.0
115.1
100.7
112.4
98.8
96.4
80.9
135.3
113.8
78.4
70.3
__
..
_
_.
DALLAS DISTRICT
ST. LOUIS DISTRICT
Summary Louisfor 5
ville
centers
Total,
11
centers
Dallas
521
161
138
92
965
1919 monthly average.. 100.0
1920 monthly average..
117.4
1921 monthly average..
93.2
1922 monthly average..
97.9
1923 monthly average.. 101.3
1924 monthly average.. 102.3
112.8
1925 monthly average..
100.0
114.3
90.7
96.9
107.5
112.7
130.8
100.0
115.2
86.2
81.2
89.0
91.2
103.6
100.0
119.6
109.8
119.6
93.5
78.0
82.4
1919 average, millions
of dollars
Norfolk
100.0
115.6
63.3
63.3
80.0
81.4
100.0
1996
YEAR AND MONTH
Total, Balti7
centers more
1,963
1924
July
August
September.
October -November
December -.
1925
January
February ....
March...
April .
May
June
July .. . .
August -- . ..
September
October __
November ,
December
Pitts- YoungsColum- Dayburgh town Toledo bus
ton
100.0
116.4
89.6
_.
94.6
110.9
109.4
121.0
1919 average millions of dollars.. .
1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average
1925 monthly average
RICHMOND DISTRICT
Hous- Fort
ton
Worth
,
37
MINNEAPOLIS DISTRICT
St.
Louis
Memphis
Little
Rock
Total,
9
centers
156
617
136
36
659
90
354
162
11
9
100.0
105.4
89.0
94.5
110.4
110.6
124.2
100.0
92.3
82.0
87.8
101.9
106.7
120.8
100.0
106.5
91.9
94.2
108.4
108.2
120.8
100.0
107.4
73.5
87.5
106.6
101.1
111.7
100.0
125.0
116.7
127.8
169.5
186.2
204.9
100.0
108.5
82.7
88.0
94.8
104.2
114.3
100.0
120.0
84.4
82.2
85.5
117.7
118.2
100.0
109.6
84.2
85.0
91.5
103.8
119.4
100.0
98.2
75.3
97.5
106.8
101.6
104.7
100.0
100.0
100.0
90.9
81.8
85.6
85.5
100.0
111.1
88.9
77.8
88.9
78.7
84.3
Duluth
Minne- St.
Paul
apolis
Helena
Billings
1924
July
August. -September
October- _
November..
December
87.5
96.1
108.6
128.6
112.6
127.6
91.3
90.1
118.6
146.6
129.2
154.7
76.1
81.9
110.9
118.8
105.8
113.8
71.7
68.5
81.5
104.4
88.0
92.4
103.0
99.5
103.9
125.6
112.1
130.5
107.0
101.9
103.8
110.3
101.9
115.4
102.4
100.0
101.8
120.3
104.7
123.2
80.1
74.3
86.8
124.3
122.8
141.2
155.6
152.8
188.9
272.2
236.1
247.2
96.3
90.4
117.4
160.7
135.2
128.9
95.5
87.8
158.8
287.7
232.2
142.2
95.2
91.0
120.1
156.2
131.9
132.3
102.5
92.6
94.4
112.3
97.5
121.6
90.9
81.8
90.9
109.1
90.9
90.5
77.8
66.7
77.8
111.1
100.0
88.9
1935
January
February
March
April
May
June
July
August
September
October-November..*
December
126.5
110.0
117.4
101.1
97.1
100.7
101.5
98.1
115.5
133.8
120.7
130.7
147.2
126.7
136.6
114.3
109.3
114.3
114.9
105.0
131.7
165.2
146.0
158.4
109.4
104.3
108.0
89.1
85.5
89.9
91.3
99.3
120.3
119.6
109.4
116.7
100.0
77.2
81.5
73.9
71.7
75.0
80.4
73.9
72.8
97.8
87.0
97.8
135.4
111.4
120.2
122.0
118.2
121.3
117.9
108.1
123.5
142.0
126.8
143.7
129.5
114.1
125.0
120.5
112.2
128.8
129.5
105.8
113.5
123.7
114.7
132.7
131.5
107.5
115. 9
123.0
119.6
120.9
116.2
108.1
116.1
133.2
120.1
137.9
131. 6
102.2
108.8
96.3
91.9
89.7
84.6
78.7
128.7
156.6
132.4
139.0
213.9
175.0
177.8
172.2
169.5
169.5
166.7
177.8
233.4
283.4
241.7
277.8
110.9
96.8
113.6
105.9
105.4
115.7
107.1
106.5
128.6
133.0
118.8
128.9
88.9
77.8
95.5
94.4
112.2
143.3
113.3
104.4
167.8
152.2
143.3
125.5
120.1
107.1
122.6
112.2
109.9
115.8
105.4
110.5
134.2
137.6
120.9
136.2
108.6
90.7
110.5
102.5
96.9
107.4
108.0
100. 0
99.4
112.3
102.5
117.9
90.3
72.7
63.6
72.7
81.8
72.7
100.0
81.8
100.0
109.1
81.8
100.0
77.8
66.7
77.8
77.8
77.8
77.8
77.8
77.8
88.9
122.2
88.9
100.0
126.8
108.2
157.8
129.2
110.1
90.6
92.4
80.4
139.1
116.4
132.0
123.7
134.4
110.4
132.4
104.4
244.5
211.1
104.1
90.9
78.9
64.4
110.5
95.2
105.6
97.5
81.8
63.6
66.7
66.7
1936
January __
February
March
April
May —
June
i Compiled from data collected by the Federal Reserve Board, this table supplements similar data published in the October, 1923, SURVEY (No. 26), pp. 51 to 55, and which
have been carried forward since that issue in the July, 1924, SURVEY (No. 35), pp. 58 to 60. Subsequent comparable data will appear in the advance reprints.
26
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS1
GROUPED BY FEDERAL RESERVE DISTRICTS
KANSAS CITY DISTRICT
i
YEAR AND MONTH
Total,
14
centers
1919 average, millions of dollars
St.
Kansas
City, Omaha Joseph,
Mo.
Mo.
Oklahoma
City
Tulsa
Total,
Los
18
centers Angeles
Portland,
Oreg.
San
Francisco
Seattle
Oakland,
Calif.
1,231
146
413
264
85
68
94
1,909
314
181
760
206
63
100.0
139.7
98.6
102.7
111.6
112.9
121.5
100.0
94.9
74.6
74.3
84.3
81.4
90.1
100.0
95.5
67.4
73.1
77.7
69.7
76.9
100.0
97.6
81.1
69.4
72.9
71.6
72.7
100.0
153.0
129.4
119.2
114.7
112.1
127.4
100.0
131.9
88.3
105.3
104.3
89.6
112.6
100.0
123.2
104.5
107.2
126.3
128.9
142.9
100.0
139.2
143.0
165.0
223.6
236.7
251.1
100.0
108.8
82.3
76.2
86.2
89.4
92.0
100.0
124.6
101.9
94.8
104.0
107.1
126.1
100.0
96.1
67.0
73.3
83.0
87.7
98.0
100.0
160.3
128.5
144.4
192.0
196.3
109.5
87.0
88.1
89.1
98.9
86.3
96. §
111.6
113.7
113.7
126.0
109.6
123.3
83.3
89.8
91.0
99.0
86.2
92.7
68.6
71.6
75.4
80.7
65.2
72.4
'64.7
69.4
67.0
78.8
68.4
82.3
108.9
103.0
113.3
139.7
125.0
145.6
96.8
83.0
79.8
87.2
83.0
103.2
125.2
122.3
122.3
135.1
. 123.6
138.0
223.9
212.4
207.0
238.2
225.5
255.1
84.5
85.1
92.8
107.7
86.7
90.1
106.3
103.4
105.0
112.8
104.1
116.5
88.3
86.9
88.8
94.2
83.0
90.8
196.8
207.9
187.3
201.5
176.2
201.5
__
98.4
83.2
95.0
90.2
88.5
98.4
100.8
95.4
93.8
102.8
91.6
104.9
125.3
104.8
116.4
120.5
116.4
127.4
119.2
119.2
121.9
137.7
119.2
129.4
89.6
77.2
89.1
85.2
81.6
89.8
99.5
93.2
88.4
99.5
89.6
98.5
81.4
70.1
79.2
72.0
74.6
80.3
79.9
78.4
77.3
82.2
69.7
78.0
90.6
68.2
72.9
64.7
"64.7
76.4
74.1
74.1
65.9
74.1
65.9
81.1
130.9
111.8
132.4
122.1
125.0
126.5
129.4
114.7
119.2
136.8
130.9
148.6
94.7
92.6
116.0
108.5
105.3
123.4
122.4
113.2
117.7
113.8
102.1
141.5
142.5
130.7
144.7
136.4
131.9
140.8
141.4
137.9
142.2
156.8
144.1
165.0
260.9
237.3
265.0
247.8
241.4
250.7
248.1
233.8
242.1
255.8
249.1
280.6
85.1
74.0
86.7
92.8
85.1
91.2
95.6
92.8
98.3
112.2
91.2
99.5
120.9
123.4
129.1
115.8
111.6
125.0
127.3
122.7
123.7
141.1
124.6
147.7
95.1
83.0
98.5
95.1
89.3
101.0
96.1
99.0
106.8
105.8
99.0
107.8
233.3
182.5
214.2
217.4
234.9
212.7
214.2
223.8
226.9
250. 7
238.1
279.3
_
99.2
84.4
119.9
104.8
93.5
78.0
72.4
67.8
78.8
64.7
150.0
125.0
136.2
107.5
157.2
153.7
281.9
268.5
92.8
87.3
138.6
152.9
100.0
88.3
265.0
257.1
1934
July
August
September.
.
October
November
December .
._
1995
January
February. .
March
April..
May
June _.
July
August
September
October
November
December...
Denver
100.0
109.8
82.0
84.2
90.6
85.7
95.3
1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average
1925 monthly average
January
February
March
April .
May
June
SAN FRANCISCO DISTRICT
1996
.
DISTRICT TOTALS— SEASONAL VARIATIONS ELIMINATED2
U.S.
total
Boston
New
York
Philadelphia
100.0
100.0
100.0
100.0
100.0
_ .
108.2
112.2
109.6
108.6
109.7
116.4
118.0
127.7
122,8
122.2
120.8
123.2
107.7
114.8
110.5
104.7
110.7
118.3
116.4
113.5
114.2
114.1
113.6
122.1
105.6
106.0
104.4
114.3
103.5
109.4
93.6
96.9
94.7
94.0
90.2
96.4
.
127.8
128.8
125.7
119.0
124.3
125.5
126.7
125.1
127.2
132.4
126.6
128.7
142.9
141.7
129.3
135.6
129.1
129.6
132.1
137.2
134.0
150.6
141.7
135.4
129.2
132.9
127.7
119.6
126.5
127.1
127.5
127.8
129.7
134.3
129.7
131.1
130.8
127.6
129.2
127.8
128.6
134.4
130.8
125.0
129.0
133.4
125.2
131.0
123.0
120.2
118.5
123.6
117.8
120.4
126.6
120.3
120.7
132.3
122.4
117.6
138.5
139.2
149.8
143.0
142.4
142.8
136.2
135.7
132.5
126.6
YEAR AND MONTH
1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average
1925 monthly average..
106.0
88.7
97.8
103.3
109.5
126.5
1995
July. .
August
September
.
October
November.
December
._
1994
January .
February.
March
April
May
June
..
July
August
September....
October
November,
December
_ ...
....
. _ _
1996
January
February
March
April
May .
June... . .
1
_.
.
..
109.5
101.9
105.4
117.1
121.1
136.6
99.3
85.1
98.5
98.0
108.3
128.6
105.1
95.9
102.5
114.4
116.8
129.4
Cleveland
116.4
89.8
94.5
111.1
109.5
122.0
Richmond
Atlanta Chicago
100.0
St.
Louis
100.0
100.0
103.9
101.4
107.3
109.8
98.7
108.3
118.1
108.0
105.8
110.4
107.8
115.6
106.0
109.1
109.4
114.7
110.0
116.1
103.0
109.7
106.5
110.9
103.8
105.3
110.0
104.1
110.6
107.5
103.0
106.3
119.4
118.5
119.8
120.3
122.5
118.1
124.2
125.8
139,9
139.0
122.4
128.2
127.1
121.0
125.7
124.5
124.7
127.3
127.3
119.6
122.2
117.7
121.8
127.0
111.0
117.5
132.9
135.7
135.5
135.9
100.0
112.1
95.6
89.5
98.8
96.5
106.7
115.6
84.4
85.9
99.9
105.3
124.8
116.1
92.0
96.8
109.0
110.8
123.8
Minne- Kansas
apolis
City
10O.O
San
Dallas Francisco
100.0
100.0
100.0
101.2
94.5
106.2
135.7
125.5
116.1
86.7
86.3
88.0
93.3
86.6
93.2
97.7
96.1
104.9
109.3
101.8
107.8
126.7
126.0
121.1
124.1
119.0
120.8
126.2
123.4
119.7
127.0
120.6
120.2
121.2
118.5
130.0
129.7
124.4
127.8
110.2
121.9
121.1
112.8
110.1
118.0
112.5
111.3
116.4
112.3
110.3
116.1
95.2
94.8
93.0
94.2
89.7
98.6
100.5
93.4
92.6
97.0
92.0
101.2
118.1
124.9
120.2
111.6
104.4
107.5
113.3
109.1
111.6
113.7
109.1
110.4
143.8
156.0
141.4
142.8
136.5
141.9
143.1
142.0
140.8
144.0
138.5
144.5
129.6
128.9
103.5
114.5
95.9
96.1
118/4
122.8
158.6
183.4
105.5
89.1
94.2
110.3
110.5
124.1
108.5
82.9
87.9
95.0
103.1
114.4
109.8
82.1
84.1
89.7
87.0
95.2
118.0
94.3
97.9
101.1
101.2
112.8
123.4
105.4
107.1
126.4
129.4
142.9
..
Compiled from data collected by the Federal Reserce Board, this table supplements similar data published in the October, 1923, SURVEY (No. 26), pp. 51 to 55, and
which
have been carried forward since that issue in the July, 1924, SURVEY (No. 35), pp. 58 to 60. Subsequent comparable data will appear in the advance reprints.
J
Compiled from data collected by the Federal Reserve Board, supplementing similar data published in the February, 1924, SURVEY (No. 30), p. 25 (method of computation given on p. 24 of that number) and which have been carried forward since that issue in the July, 1924, SURVEY (No. 35), p. 60. Subsequent comparable data will appear
in the advance reprints.
CONSUMPTION OF GASOLINE BY STATES
Total 21 AlaArAriidentical bama
kansas zona
States
YEAR AND MONTH
Con- Flor- Geor- Indi- Kan- Ken- Minne- MisOkla- OreColo- nectiNe- New North
Da- homa
rado cut
ida
gia
gon
ana
sas tucky sota souri braska Mexico kota
Penn- South South WashCaro- Dasylvania lina kota ington
Thousands of gallons
1922
1923
1924
1925
monthly average
monthly average
monthly average
monthly average
1933
January
February.
...
March
April
May
June
July
August
September
_
October
November...
Denftmbfir
Total
1934
January
February
MarchApril
May.
June . .
July
August
September
October
November
December _
Total
1935
January
February
March
_
April
May
June
July
August
September
October
November
December
Total
192G
February
March
April
_. _
_
.. _
..
149, 593
185,096
228, 751
271,478
3,799
5,456
7,244
8,916
2,637
3,574
5,035
6,962
1,455
1,820
2,030
2,378
5,526
6,316
7,717
8,229
6,583
7,610
9,259
10,569
5,888
7,782
10,503
17, 663
7,015
8,802
10,292
12, 173
14, 571
17, 534
20, 593
23, 107
11, 501
13, 334
15,460
17,644
4,386
5,728
7,217
8,337
12, 411
15,506
17,788
20,498
11,459
13, 213
19,274
21, 597
8,102
9,429
10,356
11,796
1,234
1,274
1,566
1,750
2,934
3,520
4,245
5,531
7,346
10, 050
12, 197
15, 230
4,764
6,092
7,204
8,418
22, 363
28, 448
37, 873
43, 757
4,022
4,807
5,630
7,075
3,655
4,588
5,317
6,264
7,942
10, 215
11, 924
13. 584
139, 605
131, 990
136, 211
144,607
4,297
4,149
4,206
4,907
2,603
2,196
2,587
2,977
,558
,584
.566
,727
4,810
5,966
5,293
5,361
3,710
3,932
4,212
6,577
7,525
7,409
8,654
7,261
8,139
7.520
7,582
6,509
11, 788
9,963
12, 112
15, 170
11, 787
9,624
10, 740
11, 377
4,874
3,940
4,408
3,184
10,274
7,389
6,795
9,184
12, 512
10,771
9,409
6,679
9,122
7,369
8,010
6,812
1,087
1,111
838
985
2,192
823
857
1,857
9,481
7,715
8,405
8,855
3,325
3,307
4,357
5,339
18,370
23, 607
19, 463
22, 411
3,235
4,560
5,972
2,532
3,041
3,334
3,002
2,457
5,875
5,721
7,743
9,446
183,829
210, 713
211, 441
224,293
5,2435,629
6,048
6,350
2,298
2,745
3,674
8,166
,946
,938
,871
,797
4,759
6,082
8,836
7,690
8,755
9,562
10, 038
10, 553
7,532
7,900
6,507
6,684
8,679
9,327
8,814
9,994
16,058
19,344
22,048
24,104
11, 798
15,054
16,256
19, 786
4,499
5,075
5,801
7,657
16, 477
21,390
20,600
22, 713
11,963
14, 432
13, 361
11, 791
8,560
9,616
12, 552
9,946
1,182
,383
,322
,392
3,825
4,715
4,429
6,223
10, 781
10, 912
12, 683
12, 445
6,364
6,676
7,901
8,497
35, 383
38, 023
25, 659
15,659
3,522
4,651
5,187
4,982
3,626
5,174
5,027
7,285
10, 579
11, 085
12, 827
13, 579
217, 187
214, 556
207,305
199,416
6,203
6,476
6,092
5,875
5,450
4,364
4,944
3,889
1,924
2,059
1,927
1,937
7,058
6,600
6,887
6,453
9,447
9,115
8,046
7,370
7,123
7,985
9,418
9,380
10, 180
9,659
9,592
9,632
22,127
20, 795
19, 220
17, 684
13, 876
13, 289
13, 612
12, 811
7,168
7,982
6,442
7,700
20,104
19, 115
17,266
14, 769
19, 222
14, 337
16,040
15,033
10, 119
12,634
9,516
8,891
,488
,484
1,584
1,429
6,664
4,058
3,632
2,960
10,456
9,313
9,523
10, 026
8,029 2 25, 659
7,065 22 35, 712
35, 712
6,580
5,668 2 35, 712
4,854
5,269
5,657
7,261
7,130
5,433
4,972
4,572
12,906
11, 812
10, 643
10, 364
2, 221, 158
65, 475
42,893
21,834
75, 795
91, 317
68, 730 186, 076 158, 550 113, 147
15, 285
73, 108
341, 370
57, 682
55,053
122, 583
173, 852
153, 733
171,095
198, 631
5,454
4,861
5,900
6,736
3,414
3,109
3,308
4,050
1,706
1,788
1,793
1,797
8,402
5,582
5,605
4,274
6,379
4,773
6.334
8,238
11, 088
9,632
10, 085
10,050
9,998
7,976
8,469
9,533
13, 693
11 391
14,887
19,883
12, 169
9,441
10, 438
13, 679
6,228
5,422
4,508
6,359
10, 617
8,170
11, 235
15, 805
12, 477
13, 898
16, 401
11,060
9,142
9,475
5,930
8,026
1,029
1,183
1,209
1,376
1,445
1,963
2,826
3,318
10, 301
7.831
8,333
9,502
4,248
4,824
5,738
6,717
2 28, 253
2 28, 253
2 28, 253
2 37, 441
5,482
3, 998
6,506
5,427
4,969
2,604
2,915
3,663
7,358
8,559
10, 422
11, 697
221, 110
233,522
272,832
287, 514
7,255
7,087
8,193
8,525
5,617
49,992
5,695
5,946
1,959
2,116
2,101
2,118
7,157
7,453
9,567
10,404
10, 071
10, 702
12, 164
12, 205
10, 368
9,465
9,539
9,771
10, 433
9,661
10, 655
10,500
22,551
22, 974
25,093
26, 783
15, 115
15,649
21, 539
21, 032
4,449
6,736
8,796
8,704
17,913
20,942
25, 767
24,082
11,882
17, 345
25, 317
29,537
10, 849
9,577
9,168
13,497
1,429
1,595
1,755
1,879
3,787
4,490
5,272
5,957
11, 207
12,485
15, 391
15, 149
7,688 2 37, 441
8,607 2 37, 441
9,692 22 42, 735
42, 735
9,670
5,833
5,343
3,308
5,677
4,995
5,199
5,955
7,666 .
13, 111
13, 663
15, 130
15,677
269, 142
268, 701
257, 075
237, 801
8,021
8,442
8,326
8,132
6,285
6,202
6,609
5,190
2,204
2,263
2,264
2,253
10,087
8,699
7,672
7,696
10, 749
10, 834
9,611
9,049
9,753
10,456
12, 051
13, 778
12,006
11, 108
11, 518
11,646
25, 165
24,724
21, 439
18, 535
17, 732
19, 307
15, 730
13,704
10, 485
8,590
8,765
7,564
24, 207
22, 329
19,383
13, Oil
16, 870
24,599
25, 082
27, 816
10, 613
10, 734
15,962
11,304
1,922
1,810
1,836
1,774
8,576
6,465
4,648
2,188
13, 798
14, 368
13, 857
14, 437
9,053 22 42, 735
43, 063
7,761
6,696 22 43, 063
5,754
43, 063
6,443
6,665
6,225
6,655
8,551
7,501
5,525
4,259
13, 887
12, 781
10, 813
9,993
2,745,008
86,932
60,417
24,362
86,606 213, 461 231,284 124, 277
18, 797
454, 476
67,562
63, 802
143, 091
198, 076
194, 295
196,945
260,585
7,251
6,726
7,595
8,232
6,209
5,403
4,930
6,260
1,886
2,103
2,085
2,340
6,562
6,352
6,247
6,772
6,810
5,466
7,444
9,849
15, 457
13, 702
14, 676
14,629
10, 331
10, 720
10,358
11, 265
18,535
18,085
15, 914
20,589
14,399
14, 625
14, 957
17, 933
6,409
6,087
6,049
6,855
11, 316
11,881
12,509
22,367
17, 710
15,686
14, 451
16, 717
8,508
8,269
7,263
12,665
1,347
1,494
1,637
1,369
2,480
3,816
2,739
6,178
12, 330
12,835
12, 659
13,823
5,313 2 26, 424
5,475 2 26, 425
6,666 22 26, 424
50, 245
7,219
6,387
6,712
6,128
6,951
3,294
3,091
4,101
5,930
9,028
9,343
11, 593
12, 397
280, 015
288,800
298,636
303,328
9,390
8,915
10,009
10, 131
6,706
5,520
9,617
8,948
2,459
2,507
2,459
2,429
8,420
10, 736
9,928
9,521
11,891
14,062
12,463
13, 448
15,338
14, 182
16,009
17,566
12,226
11,528
12,808
12,655
21,236
25,496
26, 212
28,457
17, 398
21, 013
21,584
21, 053
8,385
9,139
9,955
10,984
21,845
23,912
28,256
26,248
25,221
13,908
31,773
30, 220
11,210
14, 742
13, 141
13, 550
1,807
1,962
1,922
1,988
5,451
4,521
7,680
8,765
14,543
17, 567
17, 161
16,505
8,613
9,610
11, 278
11, 130
2 50, 245
2 50, 245
2 24, 909
224,909
6,688
6,644
6,953
7,870
6, 269
7,334
7,360
9,211
14, 674
15, 257
17, 159
17, 740
293, 650
332, 242
305, 527
305, 634
9,707
9,997
9,447
9,594
7,665
7,901
6,886
7,498
2,470
2,449
2,555
2,789
12,499
8,068
6,008
7,630
12, 700
12, 175
10, 789
9,734
18,872
22,273
22,960
26,277
13, 910
13, 638
12, 721
13, 918
28,807
27,536
24,686
21, 732
19,285
17, 165
16,033
16,283
10, 505
9,514
8,653
7,422
26,440
23, 110
20,289
17,804
21, 191
28,270
22,157
21, 360
12, 676
14, 795
11,904
12,833
1,987
1,986
1,804
1,691
9,291
6,327
4,619
4,501
17,482
14,869
16,069
16,913
10, 367 224,909
9,443 2 73, 449
7,958 22 73, 449
73, 449
7,948
7,451
8,121
7,788
7,210
9,602
6,847
5,802
6,323
15, 834
14,309
12,950
12, 725
3, 257, 733 106,994
83, 543
28,531
98, 743 126,831 211, 961 146, 078 277, 285 211, 728 100,047 245,977 259, 164 141, 556
20,994
84,903
75, 164
163, 009
93, 378 105, 627 210, 413 160, 010
92, 598 111, 109 126,036 123, 503 247, 118 185, 535
42, 235 120, 595
50,935 146, 659
86, 448
66, 368 182, 756 101, 020
2
2
525, 081
_ -
1 Compiled by the American Petroleum Institute from reports of gasoline tax collections or gasoline inspection in the States shown. Comparable monthly data for the year 1922 may be found in the May, 1925 SURVEY (No.
45), 2p. 28.
Interpolated from three months' total, making equal division between each month.
28
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1926), in which monthly figures for 1924 and 1925 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.
The cumulative* shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem"Survey"
ber
1924
1926
1925
PER CENT INCREASE (+) OR
DECREASE (— )
1925
Febru- Feb.,
ary
1926,
Decem- January February Decem- January February from
from
ber
ber
Janu- Feb.,
1925
ary
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
(
ort>
decrease
(-)
cumulative
1926
from
1925
1925
1926
57, 272
8,225
49,047
85,229
61,262
9,865
51,397
80,423
+7.0
+19.9
+4.8
-5.6
-34.9 -13.0
-38.2 -36.0
2,243
114, 724
1,907
100, 416
-15.0
-12.5
-31.5
+3.0
1, 887, 913
1, 144, 785
1, 306, 152
1,150,436
-30.8
+0.5
TEXTILES
Wool
Receipts at Boston:
Total
thous. oflbs
Domestic
...thous. of lbs__
Foreign
thous. oflbs
Imports, unmanufactured
thous. oflbs..
Consumption by textile mills,
grease equivalent
.thous. oflbs..
Machinery activity, hourly:
Looms^—
W^de
per ct of hours active
Carpet and rug.per ct. of hours active..
Combs
t* f i:
tl
Spinning spindles—
^Vorsted
per ct of hours active
Prices:
Raw, Ohio,
X blood, unwashed
dolls, per lb__
Raw, territory fine,
scoured
dolls, per lb_.
Worsted yarn
dolls, perlb..
Women's dress goods—
French serge
dolls per yd
Men's suitings
dolls, per yd..
29,460
16,629
12,831
31,873
38, 987
3,418
35, 569
47, 504
18, 285
4,807
13, 478
37, 725
41,446
51,098
51, 435
46, 415
70
64
67
81
86
67
63
68
77
85
78
70
76
92
92
76
72
78
92
89
75
69
81
93
88
76
71
72
71
92
78
88
76
90
74
16, 126
7,309
8,817
25, 170
18,754
5,501
13, 253
23,176
29,883
4,767
25, 116
45, 102
43,471
44,762
74
68
69
83
90
81
75
31, 379
5,098
26,281
35, 321
+5.0 +71.6
+6.9 +6.1
+4.6 +95.0
-2L7 -6.4
-1.9
-22.1
.54
.55
.54
.53
.70
.69
.68
1.32
1.600
1.30
1.550
1.28
1.550
1.26
1.550
1.68
1.950
1.67
1.900
1.65
1.900
.80
3.600
.80
3.600
.80
3.600
.80
3.600
.78
3.690
.78
3.780
.80
3.780
Qinnings (crop year to Jan. 16) .thous. of bales.. 13,858
2,942
Receipts into sight
thous. of bales..
Imports, unmanufactured
bales.. 27,007
Exports, unmanufactured
(including linters)
bales.. 1,206,786
Consumption by textile mills .
.bales.. 543,098
Stocks, domestic, end of month:
6,662
Total, mills and w'houses..thous. of bales..
1,456
Mills
thous of bales
5,216
TV^arphonses
thous of bales
Stocks, world visible, end of month:
6,048
Total
thous of bales
4,903
American
thous of bales
Machinery activity of spindles:
32, 892
Active spindles
thousands
7,834
Total activity
millions of hours
207
Activity per spindle
hours
96.0
Per cent of capacity
per cent
Cotton finishing:
Billings, finished goods (as
produced)
thous. of yds.. 78,239
Orders received,
gray yardage
thous. of yds.. 75, 453
Shipments, finished goods
cases.. 39, 676
40, 511
Stocks finished goods
cases
61
Operating activity. ....per ct. of capacity..
Manufactured goods:
Cotton cloth exports
thous. of sq. yds.. 43,084
Fabric consumption
by tire manufacturers
thous. of lbs_. 11,349
11, 658
Elastic webbinc sales
thou of yds
Fine cotton goods, production
pieces.. 385,841
Prices:
14, 826
2,506
34,474
15, 488
1,155
62,061
752
38, 355
12, 792
2,478
48, 663
13, 307
1,379
54,822
13,639
864
59,902
984,061
575, 271
749,967
583,192
556, 185 1,075,923 1, 076, 075
567, 244
533, 789
594,010
811, 838
550, 775
7,326
1,718
5,618
6,987
1,811
5,176
6,575
1,831
4,744
5,937
1,320
4,617
5,302
1,442
3,860
4,616
1,542
3,073
-5.9 +42.4
+1.1 +18.7
-8.3 +54.4
7, 056
5,634
6,774
5,238
6,643
4,930
5,821
4,805
5,830
4,722
5,645
4,328
-1.9
-5.9
+17.7
+13.9
33,001
8,272
218
99.5
32, 803
8,359
221
98.7
33,029
8,094
214
102.8
32, 721
7, 841
1207
90.7
33, 321
i 8, 554
1226
197.1
33, 359
i 7, 893
1208
1100.5
+0.7
-3.2
-3.2
+4.2
-1.0
+2.5
+2.9
+2.3
83, 541
78, 170
82, 370
91,686
81, 174
81, 650
+5.4
78, 448
44,754
42,315
62
87,188
46,679
41,111
62
85,055
46,922
4,006
84,652
46, 531
*$
84,459
49,319
36,925
62
83,293
47,961
36, 101
66
46,871
41,017
37,626
43,698
51,819
39,660
397,463
12, 172
810,478
399, 228
12, 311
13, 155
419,904
13, 364
13, 798
388,053
-7.2
-4.2
-9.5
-5.6
-9.8
-1.6 -23.6
0.0 -18.4
0.0
0.0
0.0
-4.8
Cotton
Raw cotton, New York.TI'I.dolls. per lb..
Cotton yarn—
22/1 cones Boston
dolls per lb
40/ls, New Bedford
dolls, per lb..
Print cloth, 64 x 60— dolls, per yd..
Sheeting, brown...
dolls, per yd..
Cotton poods nTaimhilrn index number
1
Revised.
12, 261
13, 137
448,625
13, 198
10, 875
427, 234
1
.181
.208
.174
.202
.172
.208
.177
.206
.240
.238
.227
.240
.407
.546
.089
.108
182
.402
.550
.087
.103
178
.403
.550
.087
.101
176
.399
.545
.086
.101
175
.446
.552
.091
.108
194
.437
.547
.092
.108
194
-25.8
-2.7
.
+0.9
162,824
160, 540
-1.3
-2.4 +2.1
+0.5 -2.1
-0.3 +13.6
+14.5 +7.6
167, 752
97,280
172,243
93,601
+2.7
-3.8
-8.3
-5.1
91,479
78,643
-14.0
-7.0
+2.4
807,957
824,697
+2.1
.230
.247
+2.9
-1.0
-23.0
-16.6
.430
.569
.095
.107
194
-1.0
-0.9
-1.1
0.0
-0.6
29
TREND OF BUSINESS MOVEMENTS—Continued
1995
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
PER CENT INCREASE (+) OR
DECREASE (— )
1926
1924
1925
January February
December
January February
February
from
January
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1926
from
1925
Feb.,
1926,
from
Feb.,
1925
1925
1926
+1.4
-8.0
+31.6
+13.2
11, 892
77, 414
13,740
88,624
+15.5
+14.5
-8.3
-27.9
-0.7
+7.1
41.6
12, 913
+11.3
-0.9
+20.7
-11.9
-13.0
-12.2
10, 242
9,432
-7.9
6,584
1,352
6,239
1,367
-5.2
+1.1
47, 984
34, 121
43,888
32, 920
-8.5
-3.5
7,955
7,949
144, 457
68, 036
76, 421
159, 780
69, 078
90,702
-0.1
+10.6
+1.5
+18.7
November
December
6,814
41, 848
8,063
42, 484
6,821
46, 148
6,919
42, 476
7,685
33, 961
6,633
39, 885
5,259
37, 529
46, 813
30, 602
6,566
49, 824
30, 277
6,811
47, 326
43, 418
6,713
6, 664
61, 533
21, 948
6,321
58, 732
25, 084
6,076
60, 249
24, 252
6,223
1,086
1,536
440
1,491
1,631
211
1,945
1,985
229
1,468
1,344
227
1,578
1,604
207
1,626
1,562
245
dozen garments
248, 687
194, 121
dozen garments
dozen garments. - 318, 428
189, 033
157, 364
332, 123
231, 421
187, 349
345, 229
212, 505
168, 678
344, 576
237, 808
214, 095
330, 893
252,861
213,031
325,958
3,803
3,456
5.738
3,580
6,993
3,510
3,161
5,834
2,896
6,206
3,672
3,146
6,156
3,699
7,242
3,402
3,157
5,752
3,907
6,673
3,661
3,206
5,738
4,400
7,372
3,703
3,372
5,964
3,852
7,705
1,094
1,092
957
1,018
2,670
1,069
941
1,096
1,314
2,741
1,060
1,081
993
1,373
2,736
1,035
961
954
1,669
2,883
1,079
1,108
981
1,832
3,585
1,201
1,198
1,030
1,254
3,614
39, 957
26, 930
51, 363
27, 014
64, 493
36, 715
43, 674
28, 556
56, 240
33, 142
56, 524
25, 273
2,537
1,975
1,933
2, 728
2,077
1,677
2,310
1,927
1,639
2,021
1,467
1,446
1,941
1,850
1,497
1,923
1,671
1,593
47.3
12,286
46.1
12, 277
45.1
11, 471
36.8
13, 656
33.9
13, 107
TEXTILES— Continued
Silk
Imports, raw . .. _ .
_ thous. oflbs
Deliveries (consumption)
bales . .
Stocks, end of month:
At warehouses
bales..
At manufacturers' plants
bales..
Price, Japanese, New York
dolls, per Ib
Clothing
Men's and boys' garments
Suits
Separate trousers
Overcoats
Work clothing:
Cut
Net shipments
Stocks, end of month
cut:
thous of garments
thous. of garments..
thous of garments
Hosiery
Production
thous of dozen pairs
Net shipments
thous. of dozen pairs
Stocks, end of month
thous. of dozen pairs. _
New orders
thous. of dozen pairs
Unfilled orders, end mo_ .thous. of dozen pairs..
Knit Underwear
Production
Net shipments
Stocks, end of month
New orders *
Unfilled orders, end of mo
thous. of dozens..
thous of dozens
thous of dozens
thous of dozens
thous. of dozens..
Burlap and Fibers
Imports:
Burlap
thous of Ibs
Fibers (unmanufactured)
long tons
Pyroxylin Coated Textiles
Pyroxylin spread __
thous. oflbs..
Shipments billed
thous of linear yds
Unfilled orders, end of mo.thous. of linear yds..
BUTTONS
Fresh-water pearl buttons:
Production
per ct of capacity
Stocks, end of month
thous of gross
50.2
11, 371
IRON AND STEEL
Iron
Iron ore:
4,554
Consumption
..thous. of long tons
StocksTotal _ . _
thous. of long tons
41, 686
At furnaces
thous of long tons
33, 880
On Lake Erie docks.thous. of long tons..
7,856
Pig-iron production:
Total
thous. of long tons..
3,023
Merchant furnaces
thous. of long tons..
679
Furnaces in blast, end of month:
Furnaces
-number..
220
Capacity
long tons per day
103, 445
57.6
Per cent of total
per cent
Ohio gray-iron foundries:
Normal melt
long tons
21, 148
Meltings
long tons
15,953
75.4
Meltings
per cent of normal..
83
Stocks, end of month.. per cent of normal. .
68
Receipts
per cent of normal
Malleable castings:
58, 315
Production
tons
51, 866
Shipments
tons
52, 053
Orders booked
tons..
56.8
Operating activity
per ct. of capacityWholesale prices:
Foundry No. 2,
22.14
Northern
dolls per long ton
19.88
Basic (valley furnace).. dolls, per long ton..
21.83
Composite pig iron
dolls, per long ton-
4,965
5,043
4,389
4,542
5,242
5,000
36, 898
29, 817
7,081
32, 035
25,412.
6,623
27, 677
21, 593
6,084
36, 360
29, 014
7,346
31, 154
24, 430
6,724
26,207
20, 184
6,023
-13.6
-15.0
-8.1
+5.6
+7.0
+1.0
3,250
722
3,316
716
2,923
651
2,962
585
3,370
678
3,214
674
-11.9
-9.1
-9.1
-3.4
234
107, 560
61.9
224
104, 065
59.3
226
104, 800
60.3
228
98, 380
56.6
251
111, 150
62.3
254
115, 700
63.0
+0.9
+0.7
+1.7
-11.0
-9.4
-4.3
20, 116
15, 678
77.9
88
74
22, 087
16, 797
76.0
77
64
21, 801
16,123
73.9
91
69
22, 960
14, 471
63.0
76
57
23, 358
16, 516
70.7
94
72
24, 626
17, 605
71.4
106
58
-1.3
-4.0
-2.8
+18.2
+7.8
-11.5
-8.4
+3.5
-14.2
+19.0
61, 791
55, 713
51, 400
59.5
72,417
52,287
61, 120
69.2
55,028
48,281
53,297
51.3
62,829
55, 672
58,047
58.6
56, 399
57,042
46, 193
53.4
22.26
20.00
22.28
22.26
20.00
22.29
22.96
20.90
22.32
24.14
21.88
23.24
23.76
22.00
23.21
0.0
0.0
+0.1
-6.3
-9.1
-3.9
22.26
20.00
22.31
Crude Steel
Steel ingots, production thous. of long tons..
Steel castings:
Total bookings
short tons—
Railroad specialties
. short tons..
Miscellaneous bookings
short tons..
U. S. Steel Corporation:
Unfilled orders,
end of month
thous. of lone tons..
3,907
3,976
4,154
3,795
3,569
4,199
3,756
-8.6
+1.0
69,638
31. 993
37, 645
85,397
43, 215
42, 182
84,232
37, 677
46,555
75,548
31,401
44, 147
96.164
53,332
42,832
82,922
40, 799
42, 123
61,535
27, 237
34,298
-10.3
-16.7
-5.2
+22.8
4 1,5. 3
+28.7
4,582
5,033
4.883
4,617
4,817
5,037
5,285
-5.4
-12.6
30
TREND OF BUSINESS MOVEMENTS—Continued
1925
1926
The cuntulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem- Decem"Survey"
ber
ber
1924
January February
PER CENT INCREASE (+) OR
DECREASE (— )
1925
February
Decem- January February from
ber
January
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Perct
increase
or<+>
decrease
(-)
cumulative
1926
from
1925
Feb.,
1926,
from
Feb.,
1925
1925
1926
+5.7
+4.6
600, 714
628, 196
+4.6
-0.3 +3.6
-3.9
-6.6
-13.0 +13.7
-28. 5 -23.3
-7.3
-14.0
538, 725
477, 020
623, 511
434, 424
+15.7
-8.9
833, 950
822, 821
991, 208
987, 536
+18.9
+20.0
194, 704
244,076,
158, 793
281, 505
331, 772
164, 519
+44.6
+35.9
+3.6
IRON AND STEEL— Continued
Crude Steel— Continued
Sheets, blue, black, and galvanized:
Production (actual)
short tons. . 336, 021 326, 960 328, 643 299, 553
317,424
259, 794
283, 290
100.7
107.8
104.4
Production
per ct. of capacity. .
100.9
98.0
82.6
96.5
Stocks, end of monthTotal
short tons.. 143, 282 165, 481 165, 966 165, 445
140, 823
131, 599
159, 661
39, 155
55, 295
36, 105
Unsold
short tons
51, 648
49, 460
53, 717
45, 743
Shipments
short tons.. 294, 660 293, 579 333, 485 290, 026
283, 645
229, 573
255, 080
241, 040
Sales
short tons.. 370, 361 319, 504 253, 323 181, 101
350, 868
235, 980
Unfilled orders, end of month, .short tons.. 636, 570 677, 907 609, 203 523, 882
607, 190
663, 460
565, 133
Steel barrels:
Production
_ __ barrels _ 498, 929 467, 485 468, 722 522, 486
413, 785
420, 127
413, 823
Shipments
barrels . - 498, 070 474, 742 469, 432 518, 104
407, 474
415, 040
407, 781
46, 100
45, 390
49, 772
Stocks, end of month
barrels . 53, 607
59, 277
64, 402
53, 265
Unfilled orders, end of month
barrels. . 1, 248, 545 1, 745, 346 1, 765, 846 1, 697, 328 1, 586, 034 1, 374, 247 1, 336, 124
Wholesale prices:
35.00
Steel billets, Bessemer. .dolls, per long ton..
34.75
35.00
35.00
37.00
36.00
37.00
39.12
39.18
38. 73
Iron and steel
dolls . per long ton 38.95
40.23
40.95
41.13
2.65
2.63
2.65
2.63
Composite steel
- dolls, per 100 lbs._
2.77
2.83
2.75
2.00
2.00
Structural steel beams. . .dolls, per 100 Ibs..
2.00
2.00
2.10
2.10
2.00
-8.9
-3.4
+11.5
+10.4
+9.7
-3.9
+26.3
+27.1
-22.7
+27.0
0.0
-0.6
-0.8
0.0
-5.4
-5.3
-7.1
-4.8
Steel Products
Iron and steel:
Exports (selected series)
_. long tons...
Exports (total)
long tons
Imports
long tons
Structural steel, fabricated:
Bookings (prorated)
short tons . .
Bookings
...per ct. of capacity-Shipments (prorated)
short tons. .
Shipments
per ct . of capacity. .
Steel plate, fabricated, bookings:
Total
short tons.
Oil storage tanks
short tons
Steel furniture:
Business groupShipments
thous. of dollars. .
Orders received
thous. of dollars. .
Unfilled orders
thous. of dollars. .
ShelvingShipments
thous . of dollars. .
Orders received
thous. of dollars-Unfilled orders
thous. of dollars. .
128, 419
171, 134
70, 556
108, 866 i 150, 972
174, 585
142, 209
71, 838
85, 652
228, 750
216, 550
71
75
225, 700 i 244, 000
74
180
130, 533
157, 187
92, 681
101, 889
129, 465
65, 511
116, 715
141, 777
72, 921
77, 989
102, 299
85, 872
179, 950
59
210, 450
69
186, 050
61
201, 300
66
228, 540
78
184, 590
63
173, 850
57
176, 900
58
176, 900
58
186, 050
61
29, 731
7,122
49, 559
26, 445
27, 064
4,314
20, 805
3,321
28, 557
7,492
31, 585
7,714
24, 467
8,025
1,886
1,975
1,496
2,419
2,454
1,532
2,434
2,652
1,761
1,873
1,914
1,220
1,972
2,207
1,456
1,939
1,986
1,501
575
687
740
788
621
571
577
581
583
651
597
365
517522
361
444
539
453
-13.5 +67.4
-10.0 +53.7
+29.0 +7.9
+3.4
+3.4
-4.3
-4.3
+5.2
+5.2
+8.2
+8.2
350, 750
366,000
362, 950
411, 750
+4.3
+13.4
+21.5 +42.9
-11.3 +114.5
47, 869
7,635
54, 198
15, 147
+13.2
+98.4
6,377
99
110
6,702
118
88
+5.1
+19.2
-20.0
-19.3
-5.5
Machinery
Machine tools, orders
index number. .
189
Foundry equipment:
Sales
dollars.. 480, 328
Shipments
dollars. . 414, 148
Unfilled orders, end of month
dollars. . 593,456
Steam, power, and centrifugal pumps:
New orders
..thous. of dolls..
1,289
Shipments..
thous. of dolls _
1,290
Unfilled orders, end mo
thous. of dolls..
3,256
Patents issued:
3,777
Total, all classes
number.
Agricultural implements
number
48
Internal-combustion engines
number. _
53
Stokers:
76
Sales
_
_
number..
Sales..
horsepower.. 33,461
162
145
416, 610
472, 144
550,016
406, 221
437, 878
500, 993
1,336
1,625
2,765
1,331
1,193
2,910
4,726
48
43
3,138
63
34
108
47, 104
167,400
78, 643
146
+0.7
+28.1
104
104
114
393, 367
i 324, 296
431, 656
304, 725
305, 581
421, 918
326, 887
277, 856
446, 895
1,293
1,145
2,247
1,148
946
2,417
1,088
1,067
2,422
3,564
55
54
4,350
62
67
3,057
54
50
3,320
45
60
72
36, 913
83
33, 141
91
31, 732
57
27,871
135
46, 298
+15.3
-10.2
-38.5
-28.4
192
74, 169
155
70,054
i 69, 566
i 79, 285
171,026
i 78 576
67, 793
75, 632
67,647
75,333
74, 789
82, 676
68, 967
78, 237
-4.6
-3.7
-1.7
-3.3
143,756
160, 913
138,819
154,208
113,474
i 132, 524
82, 779
1119,535
i 131, 809
71,358
113, 974
i 129, 518
67,829
110, 538
126,081
70,406
111,224
125, 939
58,402
109, 241
130, 310
63, 924
109, 240
122, 975
63, 924
-3.0
-2.7
+3.8
+1.2
+2.5
+10.1
218,481
253, 285
127, 848
224, 512
255,599
138, 235
-3.4
-4.2
+2.8
+0.9
+8.1
67, 838
1249,064
30, 547
1,435
i 73, 082
i 248, 875
36,069
.1387
81, 686
i 251, 631
33, 648
.1382
86,354
252. 596
27, 238
.1400
136, 434
237, 528
48, 160
.1426
49, 612
.1471
32, 101
.1446
81, 713
60,886
-25.5
dollars
dollars
385, 128
110. 83
383, 828
110. 13
310, 120
108. 79
234, 164
452,401
108. 89 1
114.91
251, 290
115.28
216,019
116.14
-24.5
+0.1
+8.4
-6.2
467, 309
544, 284
+16.5
of pieces
of pieces
547, 667
366, 603
317,210
280, 398
551,408
455, 876
344, 264 i 890, 924
351, 174 1 335,180
657, 616
676, 537
394, 882
550, 333
-37.6
-23.0
-12.8
-36.2
1,052,498
1,226,870
895, 672
807, 050
-14.9
-34.2
121
41, 659
134
44,386
82
38, 598
1
+13.6 +7.3
-12.7 +22.2
+58.8 -10.0
NONFERROUS METALS
Copper
Production:
Alines
short tons
Smelter
. short tons
Refined (North and South America),
short tons..
World production, blister. .
short tons
Domestic shipments, refined. _ . short tons
Stocks (North and South America) :
Refined
short tons..
Blister
short tons
Exports
short tons
Wholesale price, electrolytic
dolls, per lb__
+5.7
+0 4
-19.1 -15.1
+1.3
-3.2
Copper Products
Plumbing fixtures:
Sales, tubular, value. .. .
Wholesale price, 6 pieces
Brass faucets:
Orders received
number
Orders shipped
number
Fire extinguishers, shipments:
Motor vehicles ._ . .
.
Hand types..
i Revised.
number
number..
87
48,433
+6.1
+25.5
31
TREND OF BUSINESS MOVEMENTS—Continued
The cumulative^ shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem"Survey"
ber
1924
1926
1925
PER CENT INCREASE (+) OR
DECREASE (— )
1925
February
Decem- January February Decem- January February from
ber
ber
January
Feb.,
1926,
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
from
1925
1926
Feb.,
1925
Per ct.
increase
(
-y
or decrease
(-)
cumulative
1926
from
1925
NONFERROUS METALS-Continued
Tin
Stocks, end of month:
United States
World visible supply
Deliveries consumption
Imports
Wholesale price, pig tin
long tons
long tons
long tons__
long tons
dolls, per Ib
1,904
18, 199
5,670
4,574
.6214
2,654
18, 024
6,160
7,449
.6195
2,104
16, 787
7,340
7,031
.6142
3,399
16, 239
6,250
6,501
.6265
2,844
25,088
4.085
5,240
.5572
4,394
22, 949
7,155
8,714
.5769
3,949
23, 591
7,205
6,117
.5652
+61.5
-3.3
-14.9
-7.5
+2.0
-13.9
-31.2
-13.3
+6.3
+10.8
14, 360
14, 851
13,590
13, 532
-5.4
-8.8
Retorts in operation, end of month___number_.
Production
short tons
Stocks, end of month
short tons
Ore, Joplin district:
Shipments __
short tons
Stocks, mines, end of month short tons
Price, slab, prime western
dolls, per Ib
90, 085
50, 629
6,922
95, 029
53, 794
9,295
96, 229
56, 389
14,300
87, 651
53, 237
20, 341
81, 274
47, 711
21, 208
86,081
50,386
18, 996
87,377
46, 811
16, 703
+42.2
-8.9
-5.6
+0.3
+13.7
+21.8
97, 197
109, 626
+12.8
73, 915
19, 500
.0861
166,479
22, 500
.0857
76, 579
25,200
.0830
77,093
58, 809
26, 600
.0737
67, 824
33, 120
.0774
167,482
33,920
.0748
+0.7
+14.2
135,306
153, 672
+13.6
-6.5
+3.7
Production
short tons
i 49, 230
Ore shipments, Joplin district
short tons.. 13, 693
Receipts of lead in U. S ore
short tons
48, 273
Stocks, U. S. and Mexico, en(fmo short tons
106, 912
.0974
Price, pig desilverized (New York). dolls, perlb..
151,816
1 13, 182
50, 682
105, 629
.0931
50, 796
11,976
46,307
104, 663
.0926
47, 985
12, 304
45, 920
10,078
42, 552
87, 197
.0921
47, 091
113,429
47, 254
100, 925
.1017
42, 237
1 10, 695
45, 224
105, 812
.0943
-5.5
+2.7
+13.6
+15.0
89,328
24, 124
98, 781
24, 280
+10.6
+0.6
-1.2
-3.0
4, 955
1,421
3,534
1 4, 879
969
i 3, 910
i 5, 153
1,444
3,708
5,140
1,272
3,868
492
3,346
563
3,305
386
3,433
1,240
4,151
978
4,276
1,224
4,651
503
6,997
646
6,469
258
5,950
1,141
6,676
1,269
6,997
1,218
7,204
dollars.. 677, 884
271, 624
dollars
dollars.. 381, 886
dollars
24,374
879, 698
341,499
510, 988
27, 211
464, 916
157,097
289,254
18, 565
528,335
182, 183
326, 791
19,361
820, 598
257, 628
534,577
28,393
488,428
166, 243
308, 931
13,254
539, 866
177, 758
345,443
16, 665
+13.6
+16.0
+13.0
+4.3
-2.1
+2.5
-5.4
+16.2
1,028,294
344,001
654,374
29, 919
993, 251
339, 280
616,045
37, 926
-3.4
-1.4
-5.9
+26.8
52, 816
1,395
53, 662
993
46, 577
1,013
46, 266
1,090
51, 930
980
38, 987
820
-13.2
+2.0
+19.5
+23.5
90, 917
1,800
100, 239
2,006
+10.3
+11.4
305
-7.6
+3.7
619
635
+2.6
12,899
14,885
+15.4
14, 595
585
2,256
43
-84.5
-92.6
2,225
6,536
124
2,783
7,304
150
+25.1
+11.8
+21.0
21, 248
13, 708
-35.5
Zinc
.0776
Lead
. 0915
Babbitt Metal
Consumption:
Total apparent. .
Direct by producers
Sale to consumers
thous. oflbs
thous of Ibs
thous of Ibs
Arsenic
Crude:
Production
, _ short tons
Stocks, producers', end mo short tons..
Refined:
Production
short tons
Stocks, producers', end mo
short tons
Band Instruments
Sales: 3
Total
Cup mouthpiece
Saxophones
Wood wind.
_
' -0.3
—11.9
+4.3
FUELS
Coal and Coke
Bituminous:
Production
thous. of short tons
50, 780
Exports
_ - . thous. of long tons
1,477
Consumption—
By vessels
thous. of long tons
340
By electric power
* 3, 472
plants.
thous. of short tons
In production
of
7,024
coke 3
thous. of short tons.
PricesMine average, spot -dolls, per short ton..
2.28
Wholesale, Kanawha, f. o. b.
3.39
Cincinnati
dolls, per short ton._
9.69
Retail, Chicago. ..dolls, per short ton. _
Anthracite:
Production
thous. of short tons
151
Exports
thous. of long tons. 31
PricesWholesale, chestnut,
New York..
dolls, per long ton _
11.29
Coke:
Production1,213
Beehive
thous. of short tons..
By-product
-thous. of short tons. . 3,557
87
Exports
thous. of long tons
Price, furnace, Con6.88
nellsville
dolls, per short ton. _
352
325
294
3,635
3,714
3,127
7,241
6,110
6,747
6,152
2.09
2.06
2.09
2.04
-4.1 +12.5
3.49
9.48
3.39
9.34
3.39
8.14
3.39
8.51
3.39
8.50
-2.9
—1.5
173
6
2,083
37
7,189
321
7,419
296
7,176 +1,104.0 -71.0
289 +516. 7 -87.2
340
330
13,801
3,738
7,465
7,644
2.19
2.18
3.39
9.49
i 250
7
-5.3
+17.7
0.0
+9.9
(2)
(2)
11.49
11.73
11.75
11.75
1,307
3,760
131
1,381
3,804
82
1,402
3,500
68
958
3,266
56
1,171
3,411
63
1,054
3,125
61
+1.5
-8.0
-17.1
+12.0
+11.5
4.45
7.31
7.84
4.04
4.64
4.08
+7.3
+92.2
+1.4
+16.1
-32.6
+3.6
—2 2
+33.0
Petroleum
Crude petroleum:
Production
Stocks, end of month—
Total (comparable)
Tank farms and
lines .
.
Refineries
Imports
C onsumption—
Run to stills
Oil wells completed
Mexican fieldShipments
Price, Kansas- Oklahoma
i Revised.
thous. of bbls._
61, 459
60, 943
59, 656
57, 433
59, 519
54, 045
thous. of bbls_. 296,690
pipe
thous. of bbls__ 269, 546
-thous. of bbls_. 27, 144
4,891
-thous. of bbls__
292, 288
288, 250
392, 349
310, 199
309, 462
265, 131
27, 157
4,360
260, 669
27, 581
4,688
351, 354
40, 995
5,841
277, 833
32, 366
7,025
276, 516
32, 946
5,580
60, 521
1,182
62, 347
1,147
61, 257
1,164
57, 880
994
57, 334
883
52, 992
990
6,075
thous. of bbls
1.588
dolls, per bbL_
2
No quotation.
5,522
1.550
11, 443
1.195
11,014
1.293
10, 234
1.738
thous. of bbls._
number _ -
•
6,808
1.550
6,900
1.800
3 Early date given in March, 1926, issue, page 13, for band instruments and page 25 for coke.
32
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulative* shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
mi
1926
PER CENT INCREASE (+) OR
DECREASE (— )
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Perct
in-
crease
(
ort>
deFebruNovember
December
January February
December
January February
ary
from
Janu-
ary
Feb.,
1926,
from
Feb.,
1925
crease
(-)
1926
1925
cumulative
1926
from
1925
FUELS— Continued
Petrole um— Continued
Gasoline:
Production
thous. of gals.. 922, 058
Exports
thous. of gals.. 124, 301
Consumption ._
thous. of gals . .1757,744
Stocks, end of month
thous. of gals.. 1, 589, 880
Price, motor, New York
dolls, per gal..
.170
Kerosene oil:
Production
thous. of gals.. 212, 665
Consumption....
thous. of gals.. i 147, 268
Stocks at refineries end mo_. thous. of gals.. 314, 554
.080
Price, 150° water white
dolls, per gal
Gas and fuel oil:
Production.
thous. of gals.. 1, 229, 771
Consumption—
By vessels
thous. of gals.. 159,097
By electric power plants -thous. of gals.. i 33, 211
Stocks at refineries, end of mo.thous.of gals.. 1, 145, 181
1.215
Price, Okla.,24-26 at refineries.dolls.per bbl..
Lubricafing oil:
Production
thous. of gals
110, 467
Consumption
thous. of gals. . 73, 556
Stocks at refineries, end mo.. thous. of gals.. 293, 912
Price, Pa., 600° fil., "D"
.157
at refineries
dolls, per gal__
948,904
934, 549
137, 674
130, 476
i 759, 699
720, 358
1, 648, 328 1, 749, 023
.170
.170
223,780
i 162, 223
299,190
.088
214, 761
147, 555
287, 618
.090
838, 652
795, 613
95, 518
98, 701
595, 413
657, 966
1, 294, 472 1, 453, 197
.175
.170
.150
132, 803
.094
247, 727
143, 770
394, 638
.083
214,421
118, 413
435, 376
.084
-3.5 +33.1
+2.9
195, 331
270, 477
+38.5
-16.7
m
+4.4
+11.9
-13.7
-0.5
1, 199, 093 1, 171, 402 1, 058, 725
1,298,045 1, 231, 400
157, 343
149, 587
134,095
42, 685
1 036 619 977, 178
1.250
1.250
243,832
152, 399
360, 956
.084
800, 442
99, 813
543, 640
, 618, 891
.210
169, 608
57, 717
1, 670, 509
1.181
1.170
147^336
57, 782
773,853
1.331
136, 416
41, 766
795, 872
1.325
104,391
59, 326
269, 641
103, 164
52,949
280, 159
100, 503
67, 313
286,431
135, 728
283, 752
293, 071
+3.3
-5.5
-10.9
.230
-2.2
-21.7
1
212,921
204, 620
8,301
252,803
242, 024
10, 779
+18.1
+17.1
+41.3
+32.3
+31.7
+47.5
465,724
446,644
19, 080
617,790
590,643
27, 147
+32.7
+32.2
+42.3
+18.6
+14.7
+93.9
62,551
49, 293
3,258
73,434
67, 173
6,261
+17.4
+13.3
113, 857
162,832
305, 203
111, 255
68, 168
316, 839
.174
.184
.180
.226
.224
336, 358 i 285, 199 1283,263
327, 617 i 277, 701 1272,011
8,741
11,252
7,498
334, 527
318,632
15,895
182,099
174,899
7,200
AUTOMOBILES
Production:
Passenger cars—
Total
number of cars..
United States
number of cars . .
Canada..
.number of cars..
TrucksTotal
number of cars..
United States
..number of cars-Canada
number of carsExports:
Assembled—
Total
number of cars..
Passenger cars
number of cars
Trucks..
number of cars. .
From Canada—
Total
.
number of cars
Passenger cars . .
number of cars. .
Trucks
number of cars
Foreign assemblies number of cars .
Internal revenue taxes collected on—
Passenger automobiles and
motor cycles
.thous. of dolls. .
Automobile trucks and
wagons
thous. of dolls..
Accessories and parts:
ShipmentsOriginal equipment
index nos..
ReDlacement parts
index nos
Accessories
index nos. .
Service parts
index nos
Sales
thous . of dolls. .
Exports
thous. of dolls..
Electric industrial trucks and tractors:
Shipments, domesticTractors
number of vehicles
All other types
number of vehicles. .
Exports
number of vehicles
i 40, 001
i 37, 764
2,237
i 34, 373
i 32, 642
1
1, 731
i 32, 629
i 29, 651
i 2, 978
40, 805
37, 522
3,283
27,542
25, 852
1,690
28,141
26, 576
1,565
34,410
32, 717
1,693
+25.1
+26.5
+10.2
28,472
21, 158
7,314
33, 520
24, 619
8,901
26, 312
21, 171
5,141
28,232
22, 355
5,877
13, 060
10, 962
2,098
17, 474
14, 492
2,982
16,891
14, 739
2,152
+7.3 +67.1
+5.6 +51.7
+14.3 +173. 1
34,365
29,231
5,134
54,544 +58.7
43, 526 +48.9
11, 018 +114. 6
9,323
7,659
1,664
14, 727
7,015
5,642
1,373
16, 651
5,159
3,760
1,399
17,104
8,408
5,936
2,472
15, 224
4,772
3,847
924
9,676
5,174
3,732
1,442
13, 075
5,136
4,008
1,128
11, 874
+63.0 +63.7
+57.9 +48.1
+76.7 +119. 1
-11.0 +28.2
10,310
7,740
2,570
24,949
13, 567
9,696
3,871
32, 328
+31.6
12, 614
9,385
9,403
7,135
8,586
6,599
5,563
-24.1
+28.3
12, 162
16,538
+36.0
438
1,186
543
486
361
592
277
-10.5
+75.5
869
1,029
149
133
158
96
90,382
6,346
141
145
146
110
76, 791
7,887
137
103
127
115
61,023
7,161
160
114
139
138
55, 329
8,380
57, 572
5,363
+16.8
+10.7
+9.4
+20.0
-9.3
+17.0
-3.9
+56.3
123,851
10, 127
116, 352
15,541
-6.1
+53. 5
11
101
9
12
85
10
18
86
3
15
93
5
24,899
1,433
11,023
7,104
3,260
30,937
2,544
12, 969
7,465
5,839
31, 747
2,823
16, 125
6,493
3,758
+2.6
+11.0
+24.3
-13.0
-35.6
+3.3
+17.2
+5.4
-9.2
+9.3
65,029
4,625
33, 937
14, 565
7,963
62,684
5,367
29,094
13,958
9,597
-3.6
+16.0
-14.3
-4.2
282, 653
231,656
35,816
15, 181
296,046
245, 820
34,046
16, 180
.156
.192
.150
.193
-13.3
-5.2
-20.2
-14.9
Leather
Production:
1,074
11,066
Sole leather. -thous. of backs, bends, sides..
19, 983
20, 155
Finished sole and belting... thous. of Ibs..
60,289
69,955
Finished upper
thous. of sq. ft..
Oak and'union harness
stuffed sides. . 111,404 1120,863
28,336 i 23, 207
Skivers
doz..
1,054
20,096
67,425
111, 902
24,323
72, 588
4,799
66, 279
4,764
+92.2
+25.3
+50.6
+29.6
+18.4
—16.7
+8.1
+66.7
HIDES AND LEATHER
Hides
Imports:
27, 716
Total hides and skins
thous. of Ibs. _
1,262
Calfskins
thous. of Ibs .
16, 020
Cattle hides
thous. of lbs_.
6,181
Goatskins
thous. of lbs._
2,885
Sheepskins
thous. of Ibs..
Stocks, end of month:
273,
686
Total hides and skins
thous. of Ibs. _
220,293
Cattle hides
thous. of Ibs
Calf and kip skins
.thous. of Ibs. . 36,441
Sheep and lamb skins
thous. of Ibs. . 16, 952
Prices:
Green salted, packers' heavy native
.163
steers
....dolls, per lb_.
.198
Calfskins, country No. 1
dolls, perlb—
i Kevised.
.130
.183
39,020
3,543
22, 898
5,059
4,207
34, 302
2,216
18, 636
7,411
4,524
30,727
2,409
15, 301
7,154
3,439
283,266
241, 639
27,840
13, 787
292,311
251, 758
27, 531
13, 022
292,364
254, 751
25, 690
11,923
.174
.209
.169
.215
.163
.215
1,362
23,476
67, 895
97,990
40,706
1,288
22, 160
70,249
102, 459
43,977
1,203
20,006
67,728
97, 767
41, 244
+20.5
33
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulative* shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
1926
December
January
164,783 1137,400
78, 176
149,608
77, 184
148, 687
122,429
290,815
November
PEE CENT INCREASE (+) OB
DECREASE (-)
1925
1924
Febru- Feb.,
1926,
ary
from
from
Janu- Feb.,
1925
ary
December
January
February
114,730
125,435
121, 342
111,073
75,779
155, 660
86,888
132,351
87,907
138,300
84,898
139,046
117,802
295, 173
115,615
298, 189
124,445
311, 074
123,035
309,319
124,265
308,401
1,137
7,855
2.134
10,966
1,075
8,422
1,131
8,205
2,182
6,535
2,052
8,669
1,752
6,763
+5.2
-2.6
-35.4
+21.3
.47
.46
.46
.46
.46
.46
.46
.46
.48
.48
.50
.50
.52
.50
0.0
0.0
-11.5
-8.0
376
640
324
548
409
686
361
610
+1.3
+0.2
416
24,602
569
26,077
512
26,455
462
6.40
6.25
6.35
6.35
0.0
+0.8
0.0
-1.4
0.0
+3.8
-22.5
33.1
-13.1
71.3
February
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
(+)
or decrease
(-)
cumulative
1926
from
1925
1925
1926
3,804
15, 432
2,206
16,627
-42.0
+7.7
+4.2
+4.9
770
1,296
747
1,279
-3.0
-1.3
-10.0
974
886
-9.0
57, 598
75, 269
+30.7
+1.6
-19.8
+5.8
-28.9
+32.6
-17.2
HIDES AND LEATHER-Continued
Leather— Continued
Unfilled orders:
Oak and union harness
sides..
Stocks in process of tanning:
Sole and belting
thous of Ibs
Upper
thous. of sq. ft—
Stocks, end of month:
Sole and belting
thous. of Ibs
Upper
thous. of sq. ft—
Exports:
Sole .
..
thous. of Ibs
Upper
thous. of sq. ft—
Prices:
Sole, oak, scoured backs,
heavy, Boston
dolls, perlb—
Chrome calf, "B" grades. dolls, per sq. ft..
Leather Products
Belting sales:
Quantity
thous. of Ibs..
311
343
371
599
Value
thous. of dolls..
639
543
Boots, and shoes:
Production
thous. of pairs
24,404
24, 630
23,845
557
557
Exports... _. . _
thous. of pairs
470
Wholesale pricesMen 's black calf
blucher, Mass
dolls per pair
6.40
6.40
6.40
Men 's dress welt, tan
calf, St Louis
dolls per pair
5.13
5.15
5.00
Women's black "kid, dress
4.15
4.15
welt, lace, oxford
dolls, per pair..
4.15
Gloves:
Glove leatherProduction
number of skins
583, 426
576,743
663, 089
Stocks (tanned)—
In process
number of skins 1, 353, 367 1,335,608 1, 476, 157
395,767
448, 748
Finished
number of skins
324, 050
Gloves, cut—
Total
dozen pairs* 1196,957 i 177, 239
200,308
Dress and streetImported leather
dozen pairs.. i 40, 739 130,028
40, 380
26, 482
Domestic leather
dozen pairs.. i 27, 503 i 26, 221
Work gloves
dozen pairs i 128, 715 i 120, 990
133, 446
RUBBER
Crude:
Imports (including latex)
long tons
Consumption by tire mfrs. . .thous. of Ibs..
Wholesale price, Para, N. Y_. dolls, per lb._
5.00
5.00
5.00
5.07
4.15
3.90
4.00
4.00
513, 391
551, 681
578, 710
-11.5
1, 304, 152 1, 401, 895 1, 392, 075
288, 157
257, 567
311, 005
159, 038
186, 243
192, 264
24,401
22, 626
112, Oil
34, 782
29,572
121, 889
35,632
31, 966
124, 666
37, 755
38, 876
.853
40,329
39, 771
.764
42, 404
44, 528
.605
32, 865
.526
26,407
38, 956
.315
32,898
42, 171
.318
24, 700
41, 721
.307
3,172
5,216
2,667
3,570
6,106
2,597
3,641
7,460
2,142
3,709
8,362
2,535
3,438
5,571
3,008
3,555
5,962
2,994
3,681
6,696
2,835
+0.8
+1.9
+12.1 +24.9
+18.3 -10.6
4,699
7,119
3,982
5,249
8,485
3,665
5,107
10, 770
2,728
4,954
12,947
2,773
4,704
8,289
4,066
4,757
8,677
4,107
4,755
9,767
3,625
-3.0
+20.2
+1.6
42
119
47
51
114
55
52
135
26
62
204
27
46
154
39
43
160
32
43
153
32
i 141, 786
i 148, 155
i 194, 400
35, 105
148,249
146, 171
192, 652
32, 480
147,958
146, 506
194, 095
25, 388
123,465
127,911
179, 466
29,228
126, 308
149, 678
159, 435
22,463
124,909
126, 537
177, 175
27, 560
i 210, 724 i 202, 250
i 210, 544 i 203, 234
i 42, 660 141,082
110,328
116, 358
2.68
2.90
210, 876
208,934
39,820
125, 796
2.95
198, 640
195,760
54,372
132,344
2.63
221, 756
224,836
47,850
142, 119
2.63
191, 142
198, 720
40, 198
104, 262
2.63
136, 681
130, 102
163,935 i 160, 799
133, 199
137,718
124,681 122,085
2,947
1,943
140,026
158, 419
139,012
126,428
2, 489
129, 622
121, 053
143, 712
122, 148
125, 241
1,350
129,005
139, 039
126,860
112, 586
1,573
113, 831
131, 242
114, 048
110, 942
1,875
16, 238
17, 418
131, 236 i 1132, 156
34, 635
31, 458
3.70
3,70
16, 338
125, 872
34, 398
3.50
14, 791
23, 838
167, 024
32, 935
3.78
26, 268
164, 845
31, 726
3.70
25, 888
164, 399
33, 667
3.70
Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
_
Shipments, domestic
Inner tubes:
Production
Stocks, end of month
Shipments, domestic
Solid tires:
Production.
.
Stocks, end of month
Shipments, domestic —
thousands
thousands
._ thousands
thousands
thousands
thousands..
thousands
thousands
thousands
7,236
7,350
5,829
4,677
+4.2
+32.6
-23.5
9,512
10,061
7,732
5,501
+19.2 +44.2
+51.1 +33.3
+3.8 —15.6
86
114
64
53
PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
.
short tons
Consumption and shipments... short tons..
Stocks, end of month
short tons..
Imports
short tons..
Chemical:
Production
short tons..
Consumption and shipments.. .short tons..
Stocks, end of month
short tons
Imports
short tons
Price - .
dolls, per 100 Ibs
Newsprint Paper
Production
short tons
Consumption
short tons..
Shipments
... . short tons
Imports
short tons
Exports . .
.
short tons
Stocks, end of month:
At mills
..short tons
At publishers
short tons
In transit to publishers
short tons..
Price, roll, f. o. b
dolls, per 100 lbs__
i Revised.
128, 635
1,416
::::::::::
-7.4
+13.9
242, 836
269, 648
-7.5
+12.8
240. 908
267. 647
+11.0
+11.1
-43.1 -24.5
3,448
3,905
+13.3
-9.5
-42.9
34
TREND OF BUSINESS MOVEMENTS—Continued
1925
1936
1934
CUMULATIVE TOTAL
FROM JAN. 1
PEB CENT INCREASE (+) OR
1925
THROUGH FEB. 28
DECREASE (— )
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
November
December
January February
December
February
January February from
January
Per ct.
increase
(
-y
or decrease
(-)
cumulative
1926
from
1925
Feb.,
1926,
from
Feb.,
1925
1923
1936
+1.1
22, 561
22, 610
+0.2
745, 103
585, 868
159, 235
+17.2
+19.1
+10.8
PAPER AND PRINTING— Continued
Printing
Book publication:
American manufacture
no. of titles..
Imported
no of titles
Sales books, shipments
thous. of books..
Printing activity .weigh ted index number ._
668
126
12, 172
99
489
95
12, 275
U06
628
113
11, 108
96
11, 502
530
161
12, 032
106
644
131
11, 186
101
543
152
11, 375
97
+3.5
Boxboard
Operation
inch hours. _ 7,923,058 7,936,324 7,923,898
Operation ._
_.
per ct. of capacity..
99.3
94.9
104.3
194, 614
Production
tons
193, 140
190, 426
Orders received
__tons__ 195, 142 191, 895 209, 790
103, 304* 105,993 118, 531
Unfilled orders, end of month
tons
181, 326
Consumption of waste paper
tons
183, 322
178, 589
Shipments
tons.. 193, 847 189, 206 195, 190
44, 541
Stocks end of month
tons
47, 714
48, 468
Stocks of waste paper, end of month:
On hand
tons
166, 089
173,955 169, 059
44, 477
In transit and unshipped purchases.. tons.. 46,928
37, 496
7, 488, 756 8, 388, 897 7, 550, 968
105.4
89.8
99.3
199, 633
177, 292
170, 674
162, 724
199, 649
180, 284
107, 584
112,911 100, 403
193, 285
163, 878
170, 023
168, 677
195, 501
176, 101
48,211- 52, 466
53, 960
179, 442
45, 949
172, 382
53, 820
172, 456
43, 745
105, 772
51, 528
108,945
56, 166
103, 498
52, 234
1
1
1
Other Paper
Book paper, total:
Production
short tons
105, 484
107, 594
Stocks, end of month
short tons.. 63, 411
64, 045
Coated book paper:
Production. per cent of normal production..
80
78
Shipments. .per cent of normal production..
82
78
Orders
per cent of normal production...
75
79
Unfilled orders, end of month.
days..
6
8
Uncoated book paper:
94
Production. per cent of normal production..
91
93
Shipments.per cent of normal production. .
90
Orders
per cent of normal production _
89
95
11
Unfilled ord'ers, end of month
days..
12
Wrapping paper:
Production
short tons
i 88, 356 i 90, 247
i 81, 037 i 77, 504
Stocks end of month
short tons
Fine paper:
Production
short tons. _ 37, 045
38, 256
Stocks, end of month
short tons.. i 50, 259
50, 113
All other grades:
Production
short tons
i 96, 041 * 90, 388
Stocks end of month
short tons
i 61, 126 1 65, 323
Total paper (inc. newsprint and boxboard) :
Production
short tons _ * 650, 168 i 653, 592
Stocks end of month
short tons i 317, 792 1 321, 691
110, 892
66, 607
87
87
88
9
92
92
102
10
85
84
82
x 7
95
94
91
10
101
96
100
11
+5.7
+5.7
+15.9
+11.1
-8.9
-4.2
+2.0
-9.1
100
104
98
13
101
101
102
14
96
93
94
12
102
98
108
15
106
106
108
15
+1.0
-2.9
+4.1
+7.7
-4.7
—4. 7
-5.6
-6.7
+15.8
+15.3
+17.8
91, 205
73, 946
91,511
113, 614
108, 374
87, 863
106, 525
39, 435
48, 663
30, 568
52, 143
37, 636
52, 258
35,986
106, 089
68, 709
101, 263
57, 782
106, 822
57, 489
97, 478
55, 760
682, 191
321, 977
617, 439
347, 116
673, 552
353, 021
615,948
88,109
51, 448
345, 815
Paperboard Shipping Boxes
Production:
Total...
Corrugated
Solid
fiber
Operating activity:
Total
Corrugated
Solid
fiber
...thous. of sq. ft..
thous. of sq. ft..
thous. of sq. ft..
per cent of normal
per cent of normalper cent of normal
409, 411
332, 112
77, 299
345, 341
275, 772
69, 569
359, 052
281, 753
77,299
386, 051
304, 115
81, 936
321, 617
248, 956
72, 661
302, 291
228, 084
74, 207
333, 431
263, 862
69, 569
+7.5
+7.9
+6.0
86
88
80
73
73
71
76
75
78
81
81
81
75
74
76
71
70
73
76
76
76
+6.6
+8.0
+3.8
1
635, 722
491, 946
143, 776
+6.6
+6.6
+6.6
Other Paper Products
101
92
89
112
101
127
76, 877
14, 836
67.8
71, 623
17, 037
78.6
84, 825
1 11, 461
83.8
77,429
11,606
100, 565
62.6
87.9
94, 935
10, 764
107.3
Rental advertisements:
Minneapolis, Minn
number
5,136
Real estate conveyances (41 cities). ...number.. 149, 204
147, 039
3,307
163, 670
139, 453
3,106
135, 932
123, 838
195
196
193
195
195
195
201
202
196
197
195
197
194
206
194
206
195
207
195
207
197
209
197
210
197
210
0.0
0.0
204
212
199
201
204
213
199
201
204
212
199
201
205
213
199
201
203
214
205
201
202
210
203
200
204
211
204
201
+0.5
+0.5
0.0
0.0
Rope paper sacks, shipments.. -index number..
Abrasive paper and cloth:
Domestic sales
reams
Foreign sales
reams
Labels orders
per cent of capacity
99.8
9,582
+19.1
-7.0
-7.5
-9.1
-1.2
+8.0
BUILDING CONSTRUCTION AND
HOUSING
3,042
2,802
2,593
133, 724
2,624
Bnilding Costs (Index Numbers)
Building materials:
Frame house 6-room 1st of month
Brick house 6-room 1st of month
Building costs (Engineering News Record), 1st
of month
Concrete factory costs (Aberthaw), 1st of month.
Construction costs (American Appraisal Co.) :
Frame
index number
Brick, wood frame
index number
Brick, steel frame
index number..
Reinforced concrete
index number..
i Revised.
-1.0
-1.4
+0.5
+0.9
-2.5
0.0
5,730
259, 770
5,395.
280, 763
-5.8
+8.1
35
TREND OF BUSINESS MOVEMENTS—Continued
ms
1935
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
*'Survey"
November
PER CENT INCREASE (+) OR
DECREASE (— )
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
HO
or decrease
(-)
cumulative
1926
from
1925
1924
1925
January February
February
from
January
Feb.,
1926,
from
Feb.,
1925
1935
1926
7,467
3,308
27, 850
3,809
-29.3
-27. 5
-15.5
+34.9
+5.9
+58.9
+14.4
-23.1
18, 386
7,643
54, 641
6,180
19, 098
12, 501
69, 547
5,098
+3.9
+63.6
+27.3
-17.5
3, 746
46, 861
-14.9
-17.3
-8.2
+10.2
6,963
95, 397
7,482
114, 158
+7.5
+19.7
December
January
February
December
13, 389
5,204
48, 280
3,407
11, 191
7,245
37, 694
2,170
7,907
5,256
31, 853
2,928
8,424
4,705
33, 153
3,254
10, 919
4,335
26, 791
2,371
4,390
74, 852
4,042
62, 498
3,440
51, 660
3,785
53, 625
3,217
48, 536
67, 770
29, 332
250, 044
31, 646
67, 514
94,415
183, 279
12, 736
47, 319
39, 087
171, 297
19, 214
38, 696
30, 776
166, 839
25, 797
67, 372
19, 454
127,232
15, 339
38, 825
20, 767
136, 023
20, 278
-29.9
-58.6
-6.5
+50.9
+21.9
+88.2
+25.9
-5.2
106, 197
40, 221
263, 255
35, 617
114,833
+8.1
133, 502 +231. 9
354, 576 +34.7
31, 950 -10.3
40, 164
91,912
510, 868
32,669
52, 761
443,373
32, 078
64, 728
373, 723
30, 259
35, 620
327,986
31, 614
35, 462
296, 473
30, 501
52, 865
299, 260
-1.8
+22.7
-15.7
+5.2
+22.4
+24.9
62, 115
88, 327
595, 733
64, 747
117, 489
817, 096
+4.2
+33.0
+37.2
43, 275
41, 119
30, 964
44, 477
41, 210
32, 472
-24.7
-4.6
73,682
72, 083
-2.2
-2.7
-4.2
+4.4 +7.4
+2.1 +10.3
-2.2 +2.9
+1.1 -21.8
943, 105
871,172
897, 312
880, 854
893, 729 !
937, 829
-6.6
+2.6
+4.5
107, 431
89, 184
-17.0
1,031,828
1, 026, 904
958, 413
85, 703
1, 062, 268
1, 099, 870
1, 158, 064
116, 357
+3.0
+7.1
+20.8
+53.5
-2.1 -2.0
-24.8 -15. 9
+15.9 +12.7
85, 207
76, 331
75, 812
82,811
78, 541
73, 848
-2.8
+2.9
-2.6
+33.8
+6.8
-7.2
-7.7
97, 048
98, 483
90, 223
96, 250
-7.0
-2.3
-11.9
-4.6
-12.7
-7.0
-1.0
+1.3
67, 319
83, 923
76, 177
67,371
79, 976
77, 527
+0.1
-4.7
+1.8
-10.4
-6.2
-11.0
+11.1
18, 244
13, 899
17,528 , -3.9
16, 838 +21.1
-22.2
-5.2
+8.9
8,706
8,007
6,299
7,251
-27.6
-9.4
BUILDING CONSTRUCTION AND
HOUSING— Continued
Construction and Losses
Contracts awarded (36 States):
Commercial buildings
thous. of sq. ft_.
11, 421
Industrial buildings
thous. of sq. ft._
7,758
Residential buildings
thous. of sq. ft.. 50, 309
Educational buildings
thous. of sq. ft..
3,157
Other public and semipublic buildings
thous. of sq. ft,.
4,070
Grand total
thous. of sq. ft.. 77, 871
Contracts awarded, value (36 States) :
Commercial buildings
thous. of dolls _
61, 336
Industrial buildings
thous. of dolis__
53,309
Residential buildings
thous. of dolls . 240, 280
Educational buildings
thous. of dolls. _ 22,048
Other public and semipublic buildings
thous. of dolls.. 30, 675
Public works and utilities, .thous. of dolls.. 57, 035
Grand total
thous. of dolls.. 464, 683
Fire losses:
United States and Casada -thous. of dolls.. 30, 320
%
LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. m.. 423,028 448, 825 446, 454 434,400
422, 347 489, 487 453, 618
Shipments (computed)
M ft. b. m.. 469, 155 452, 165 437, 159 456, 570
423, 993 446, 066 425, 106
Orders (computed)
_.M ft. b. m__ 494, 812 416, 635 463, 977 473, 852
428, 688 467, 704 429, 608
Stocks, end of mo. (computed) .M ft. b. m._ 1, 152, 743 1, 165, 620 1, 182, 790 1, 156, 211 1, 041, 774 1, 103, 887 1, 123, 581
Exports, lumber.. . _
M ft. b. m
51, 627
50, 127
60, 232
44, 359
44, 825
57, 304
66, 539
Exports, timber
_
M ft. b. m._
10, 024
7,764
8,056
8,102
17, 291
16, 580
Price,
flooring
dolls, per M ft. b. rn_.
49.83
46.95
48.27
47.32
49.43
49.84
44.42
Douglas fir:
Production
M ft. b. m.. 584, 180 526, 434 461, 077 601, 191
446, 752 507, 185 524, 643
Shipments (computed)
M ft. b. m._ 526, 881 568, 512 522, 405 577, 465
455, 258 521, 062 505, 842
New orders
_
M ft. b. m._ 621, 782 588, 657 567, 169 590, 895
527, 776 468, 239 490, 174
Exports, lumber
M ft. b. m.. 38, 683
77, 846
52, 853
32, 850
55, 017
61, 340
39, 931
49, 532
Exports, timber
...M ft. b. m.. 25, 678
22, 358
25, 357
21, 590
30, 081
Price, No. 1 common-dolls, per M ft. b. m_.
15.50
19.50
15.50
16.50
16.00
16.50
18.50
California redwood:
Production (computed)
M ft. b. m._
43, 385
46, 810
40, 965
41, 832
36, 877
41, 846
50, 503
Shipments (computed)
...M ft. b. m._
38, 225
33, 709
37, 195
36, 246
40, 085
38, 216
44, 832
Orders received (computed) . ..M ft. b. m.. 37, 103
44, 837
40, 618
34, 200
39, 648
44, 695
35, 194
California white pine:
78, 393
34, 979
Production
M ft b. m.
118, 200
32, 614
47, 839
39, 813
Shipments
M ft. b. m
111,359 100,883 111,987
84, 316
85, 378
76, 820
Stocks, end of month
M ft. b m
644, 318 642, 798 573, 264
630, 157 550, 925 495, 533
Western pine:
Production (computed)
M ft. b. m
77, 994
98, 184
146, 362 115, 165
93,806
92, 278
Shipments (computed)
M ft. b. m._ 114, 009 130, 294 123, 403
148, 118 133, 718 120, 398
Stocks, end of mo. (computed) _M ft. b. m._ 1, 102, 368 1, 148, 436 1, 103, 770
1, 053, 038 899, 658 867, 676
North Carolina pine:
44, 688
Production (computed)
M ft. b. m_. 58, 240
41, 426
55, 622
51, 639
38, 584
43, 841
Shipments (computed)
._,M ft. b. m._
48, 076
44, 639
53, 844
44, 919
51, 100
46, 550
49, 700
Northern pine:
Lumber —
35, 591
Production
M ft. b. m
33,414
15, 286
35, 825
31, 546
21, 007
33, 905
Shipments
M ft b m
36, 119
43, 908
39, 043
44, 457
39, 466
40, 933
38, 984
Orders received
M ft. b. m _ _
36, 798
36, 018
41, 399
36, 128
40, 527
35, 650
50, 693,
Lath9,254
Production
M ft b m
41,118
8,282
8,943
9,246
9,301
5,831
Shipments
M ft. b. m,_
4,884
7,333
6,735
8,148
6,566
8,690
4,736
Northern hemlock:
21,198
18, 664
Production.
.
,M ft. b. rn
26, 628
14, 095
16, 301
17, 964
Shipments
M ft. b. m_.
16, 276
18, 070
14, 152
17, 455
13, 648
15, 899
+0.8
+5.3
+30.4
+10.5
+4.2
+11.5
+14.6
+14.2
+20.5
+86.7
+3.2
-13.5
Hardwood Lumber
Southern cypress:
Production
M ft. b. in
Shipments
.M ft. b. m
New orders
M ft b m
Unfilled orders, end of month, M ft. b. m._
Northern hardwood:
Production
M ft. b. m .
Shipments
M ft. b. m
Walnut lumber:
Production
_
M ft. b. m._
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m
Walnut logs:
Purchased
M ft. log measure-Made into lumber and
veneer
M ft. log measure
Stocks, end of month. _.M ft. log measure..
25, 101
27, 106
35, 575
37, 800
21, 660
29, 462
30, 064
41, 469
21, 903
32, 005
27, 126
32, 850
15, 735
35, 261
22, 098
33, 269
48, 395
32, 696
2,979
3,813
20, 024
4,229
3, 870
19, 831
3,143
3,624
19, 071
2,129
2,430
2,076
2,361
4,000
3,281
2,569
2,473
1,208
+0.8
-7.8
-15.6
-13.8
22, 083
29, 510
22, 904
28, 325
26, 923
26, 820
47,411
29, 117
44, 894
23, 913
4,256
3,818
15, 614
4,650
4,182
16, 709
4, 056
3,825
17, 085
+0.4
+0.1
-2.4
2,559
2,902
3,205
3,472
+23.3
-26.3
6,677
4,635
-30.6
2,393
1, 485 I
3,017
2,686
3,073
3,356
3,208
4,002
-3.2
+22.9
-25.4
-62.9
6,281
4,466
-28.9
3,156
3,627
18, 610
36
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
1926
1924
PEE CENT INCREASE (+) OR
DECREASE (— )
1925
February
from
January
Feb.,
1926,
frOm
Feb.,
1925
November
December
M ft. b. m._
M ft. b. m_.
M ft b m
65,000
96,000
107,000
68,000
92,000
90,000
77,000
84,000
81,000
85,000
92,000
100,000
M ft. b. m..
M ft. b. m__
M ft. b. m..
788, 180
225,087
249, 340
806,346
224,112
261, 070
765,431
212,922
244, 137
783,215
226,818
246, 619
666,825
214,889
227,743
655, 144
214,750
225, 734
689,384
219, 501
227,670
+2.3
+6.5
+1.0
+13.6
+3.3
+8.3
M ft. b. m..
M ft. b. m
M ft. b. m..
613, 814
168,829
195, 297
635, 176
172, 966
204,024
592, 772
161,851
188,963
607, 117
174,314
186,202
524, 142
165,871
180,474
529, 515
169,712
189, 321
554,280
176, 546
182,678
+2.4
+7.7
— 1.5
+9.5
-1.3
+1.9
M ft. b. m_.
M ft. b. m..
M f t b. m
number
207, 561
72,154
61, 572
216
204,077
68,188
63,312
220
204,771
68, 190
60,433
219
216, 186
74,488
66, 670
226
167, 924
60, 677
53,004
183
159,337
54,927
50,743
184
153,689
49, 569
49, 851
191
2,476,262 2,403,748 2,266,728
148,858 201,369
155, 726
156, 720
January February December
January February
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
1926
Per ct.
increase
(+)
or decrease
(-)
cumulative
1926
from
1925
LUMBER PRODUCTS— Continued
Hardwood Lumber— Continued
All hardwoods:
Production (computed)-.
Shipments (computed)
Orders (computed)
Total stocks—
Total hardwoods
Gum
Oak
Unsold stocks—
Total hardwoods
Gum
Oak
Unfilled ordersTotal hardwoods
Gum
Oak
Units reporting
+10.4
+9.5
+23.5
+5.6 +40.7
+9.2 +50.3
+10.3 +33.7
+3.2 +18.3
Total Lumber
Production, 10 species
TVT ft- b- m
Exports, planks, joists, etc
M ft. b. m._
Retail yards, Minneapolis dist.—
Sales
M ft. b. m._
Stocks, end of month
M ft. b. m..
Composite lumber prices:
JTflrrlWQOds
dolls, pp.r TVT ft- b. m
Softwoods
dolls, per M ft. b. m
Flooring
Maple flooring:
Production
^
M ft. b. m _ _
Shipments
M ft. b. m..
Stocks, end of month
M ft. b. m
Orders booked
M ft. b. m._
Unfilled orders, end of month.M ft. b. m_.
Oak flooring:
Production
M ft. b. m..
Shipments
M ft. b. m._
Stocks, end of month
M ft. b. m..
Orders booked
M ft. b. m._
Unfilled orders, end of month. ,M ft. b. m._
17,851
19,261
98,345 1100,273
8,597
110, 436
2,153,206 2,462,094 2,407,740
150, 950
136, 124
160, 298
i 7, 864
9,182
96, 516 1 105, 581
8,194
116,433
42.63
30.96
43.49
31.44
44.23
31.68
+0.6
+15.1
287,074
312,446
+8.8
-7.0
-14.2
+6.9
-0.8
-14.3
18,405
15, 127
16, 767
13,669
-8.9
-9.6
16,008
15,347
-4.1
41,67
30.59
41.69
30.34
42.60
30.79
9,084
7,445
25,072
6,340
7,829
9,984
6,855
28,440
8,749
9,076
8,922
7,143
29, 314
8,264
10,401
7,845
6,526
30,447
7,083
10, 762
10,034
6,935
25,992
10, 652
12, 735
9,967
7,523
28, 214
8,866
12, 755
8,438
7,604
28,481
7,142
12, 559
-12.1
-8.6
-3.9
-14.3
+3.5
41, 947
39,276
43,204
41, 594
50, 565
42,206
41, 816
44, 715
47,300
61, 103
45, 171
41, 498
48, 244
34,446
54, 161
44,540
37, 708
54,362
33, 411
49,599
36,975
34,642
43,823
39,887
53,295
41, 768
34, 812
50, 925
33, 794
53, 772
38,245
34,904
52,804
33, 539
52, 626
-1.4
+16. 5
-9.1 +8.0
+12.7 +3.0
-3.0 -0.4
-8.4
-5.8
80,013
69, 716
89, 711
79, 206
+12.1
+13.6
67,333
67, 857
+0.8
55,681
73,449
45, 518
55,809
53,161
79,602
42, 207
80,459
37,024
45, 592
34,775
55.813
35,302
47,976
-20.6
+1.1
+9.6
+67.7
70,077
95,368
+36.1
114, 522
42,272
102,032
14, 160
103,608
23,240
83,128
21, 720
101,968
20,456
83,488
24,496
81,304
23,992
-19.8
-6.5
+2.2
-9.5
124, 792
186, 736
+49.6
109,608
19,474
126, 872
20,885
60,088
10, 158
83,480
13,186
119,640
19,167
78,928
13,327
81,688
13,548
+38.9
+29.8
+2.2
-2.7
160, 616
26, 875
143,568
23,344
-10.6
-13.1
4,933
5,214
4,534
5,848
3,763
3,938
4,232
4,341
+12.5
+10.2
7,657
6,949
5,972
6,130
+2.6
683
504
1,713
640
409
1,978
584
351
2,310
476
373
2,322
639
366
1,803
548
283
1,801
508
436
2,068
-18.5
+6.3
+0.5
-6.3
14.4
+12.3
845
770
912
1,031
644
728
949
+13.0
+8.6
279, 188
64,090
144,127
239,636
21
14.75
316,023
62,947
137,788
253,490
43
14.75
324,203
58,399
108,688
259, 158
32
16.00
17.00
354,477
51,162
118, 759
202, 906
48
13.50
279, 862
23,951
94,185
201,479
31
14.50
305,831
34,891
110,790
247, 176
26
14.50
+6.3
+17.2
23,611
60
17,869
101,915
17,746
364
50. 669
21,302
64
10,788
95,427
9,916
738
46.608
19,329
50
10,237
111,431
11,454
344
48. 722
20,170
52
9,896
115,977
12,984
151
51. 573
23,000
75
9,207
85,283
11,235
176
44. 059
25,266
62
4,198
111,666
5,751
40
51. 572
20,841
62
5,613
117,776
6,932
21
49. 692
46, 107
39,499
Wooden Furniture
Household furniture and case goods:
Shipments
dolls, average per firm..
Unfilled orders
dolls, average per firm..
Piano benches and stools:
New orders
dollars..
Unfilled orders, end of month
dollars..
Shipments—
Value
dollars..
Quantity
pieces..
Plywood
Bookings
thous of SQ. ft of surface
Shipments
thous of SQ ft. of surface
Unfilled orders, end
of month
thous of sq ft of surface
STONE, CLAY, AND GLASS PRODUCTS
Clay Products
Face brick (av. per plant):
Production
thousands
Shipments
thousands
Stocks end of month
thousands
Unfilled orders, end
of month
thousands
Common brick:
Stocks, end of monthBurned
thousands
Unburned
thousands
Shipments
thousands
Unfilled orders
thousands
Plants closed down
number
Price, red, New York
dolls, per thous. .
Paving brick:
ProductionActual
thousands..
Relation to capacity
per centShipments .... .
.
thousands..
Stocks end of month
thousands
Orders received
thousands
Cancellations
thousands
Unfilled orders end of month thousands. _
1
Revised
+4.4
-3.2
+4.0 -16.1
-3.3 +76.3
+4.1
-1.5
+13.4 +87.3
-56.1 +619.0
+5.9
+3.8
9,811
12,683
-14.3
20,153 +105.4
24,438
+92.7
37
TREND OF BUSINESS MOVEMENTS—Continued
1926
1925
1924
PER CENT INCREASE (+) OR
DECREASE (— )
1925
The cumulatives shown are through
February. Earlier data for items
Febru- Feb.,
shown here may be found on pages
26 to 151 of the February, 1926, Novem- Decemary
1926,
from
January February DecemJanuary February rom
"Survey"
ber
ber
ber
January
Feb.,
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
1926
Per ct.
increase
or de^
crease
(-)
cumulative
1926
from
1925
STONE, CLAY, AND GLASS PBODUCTS-Continued
Clay Products— Continued
Vitreous china plumbing
fixtures:
Orders received
pieces,. 298, 108
Shipments
pieces.. 1,396,590
Unfilled orders end of
469, 361
month
pieces
422,373
Stocks, end of month
pieces
Architectural terra cotta, bookings:
13, 864
Quantity
net tons
1,696
Value.
. _ thous. of dolls ,
Portland Cement
Production
thous. of bbls.. 13, 656
Shipments
thous. of bbls.. 10, 187
14, 534
Stocks, end of month
thous of bbls
Prices:
1.65
Chicago district
dolls per bbl
1.75
Lehigh Valley
dolls, per bbl
Concrete paving contracts awarded:
3,488
Total
thous. of sq yds
1,718
Roads
thous. of sq. yds..
Federal-aid highways under construction, end
of month:
Estimated cost..
thous. of dolls. _ 343,997
Distance
miles.. 11, 935
Sanitary Ware
Baths, enamel:
Orders shipped
number
86,615
Stocks, end of month
number.. 110, Oil
Orders received
number.. 93, 685
Lavatories, enamel:
Orders shipped
number.. 105, 523
222, 032
Stocks, end of month . .
. .number
Orders receivednumber
117, 750
Sinks, enamel:
Orders shipped
number
106,028
Stocks, end of month _
.number
228, 659
Orders received
number
121, 985
Miscellaneous, enamel:
Orders shipped
_
number.. 45, 910
Stocks, end of month
number
153,960
Orders received
number
46,778
Unfilled orders, end of month:
Baths
number
78,325
Small ware
_
number-- 206,451
Floor and wall tile:
Production
thous. of sq. ft._
5,619
Shipments, quantity
thous. of sq. ft_.
5,040
Shipments, value
thous. of dolls..
1,761
Stocks, end of month
thous. of sq. ft._
6,539
277, 713 i 279, 928
238,266 i 243, 580
237, 998
239, 066
—15.0
—1.9
508,808 i 545, 156
453,249 1495,838
543,085
450,904
-0.4
—9.1
23,800
3,009
-1.8
+9.8
17, 111
11, 177
15, 618
11, 492
-8.7
+2.8
-0.7
-28.0
9,560
7,261
8,641
4,888
-9.6
-32.7
-11.5
+18.9
-14.0
187, 318
173, 178
222, 018
200,830
-9.5
-8.1 -14.7
+7.2 +21.1
-17.8
-17.6
246, 618
219, 194
-11.1
271,533
228, 092
-16.0
-15.7
+8.6
-22.1
-20.2
-0.3
-22.3
248, 808
211,996
-14.8
272, 839
219,946
-19.4
65,032
188,348
59, 723
-11.2
+1.2
-19.9
-29.1
-14.7
-21.3
137, 348
98, 016
-28.6
131,408
105, 760
-19.5
108, 572
295, 400
115, 236
299, 254
+7.3
-1.1
-22.2
-33.7
3,606
3,031
1,085
9,090
3,708
3,270
1,162
9,358
14, 483
1,794
13, 342
1,645
10, 458
1.864
9,861
1,022
12, 809
1,434
11,429
1,306
-21.6
-17.0
-8.5
+4.4
10, 713
6,917
18, 365
17,887
15,672
120,582
7,731
5,820
22, 493
10, 435
5,506
14, 123
8,856
5,162
17,636
8,255
6,015
1 19, 897
-2.0
+2.6
+9.3
-6.3
-3.2
+13.0
1.65
1.75
1.65
1.75
1.65
1.75
1.68
1.75
1.74
1.75
1.75
1.75
0.0
0.0
-5.7
0.0
5,244
2,491
3,629
2,161
5,012
2,727
6,958
4,661
4,513
3,474
5,047
3,787
+38.1
+26.2
^264,113
110,978
257, 958
10, 838
285, 460
13, 287
269, 757
12, 759
261, 132
12, 344
i 93, 242
600
98, 031
90,503
130, 056
114, 062
82, 675
144,501
86, 768
73,724
104,301
110,347
93,938
105, 056
121, 092
93,380
121,490
100,926
-8.6
+11.1
-23.9
108, 595
228, 838
115, 536
114, 198
232, 117
125, 168
104, 996
246, 544
102, 924
83,861
196, 324
127, 240
123, 533
184, 765
146, 677
123, 085
203, 625
124, 856
1
115, 529
1260,981
1 121, 112
115, 017
253, 779
123, 656
96, 979
275, 530
96, 290
99, 857
251,448
132, 658
127,289
252, 258
148, 857
121, 519
276, 333
123,982
144,380
1161,445
i 51, 700
51,922
158,717
58, 729
46, 094
160, 656
47, 031
46,983
187, 812
65, 669
72, 316
174, 290
71, 685
i 83, 831
1 189, 157
83,535
200, 619
89, 611
198,326
89,402
254, 625
5,322
5,087
1,886
7,515
4,997
4,300
1,620
7,563
3,810
3,042
1,134
8,964
1
123,
1
1
1
1
24, 238
2,740
-7.5
Glass Containers 3
Orders and contracts:
Number of gross
Percentage of capacity.
Actual production:
Number of gross- _
. .
Percentage of capacity
Shipments:
Number of gross _ .
. .- .
Percentage of capacity. _
Unfilled orders:
Number of gross
Week's supply
_
Stocks, end of month:
Number of gross
Week's supply
.
2, 543, 379 2, 104, 952 2, 803, 903 2, 165, 756
100.7
76.9
102.5
85.8
—22 8
—16.3
2, 012, 358 2, 054, 613 2, 004, 626 1, 834, 316
79.7
75.1
73.3
72.6
—8 5
—1 0
1, 648, 409 1, 531, 841 1, 703, 971 1, 743, 890
69.1
65.3
56.0
62.3
+2.3
+10.9
8, 378, 275 8, 794, 273 9, 653, 591 10,017,204
13.9
13.3
15.8
15.3
+3.8
+3-3
5, 064, 007 5, 614, 313 5, 906, 422 5, 982, 357
8.8
9.5
8.0
9.3
+1 3
+2.2
Glass
Illuminating glassware:
Net orders
Actual production
Shipments billed
Polished plate glass:
Production.
per ct of capacity
per ct. of capacity
per ct. of capacity _.
thous. of sq. ft
47.3
46.1
47.3
37.6
48.1
44.4
40.8
38.0
38.3
45.9
41.8
42.2
42.2
43.6
39.5
38.9
38.7
39.4
50.0
52.0
45.1
+12.5
+10.0
+10.2
-8.2
-19.6
-6.4
9,889
9,506
10, 729
10, 544
7,878
8,874
8,568
-1.7
+23.1
17,242
21, 273
+23.4
1,957
1,665
-14.9
CHEMICALS AND OILS
Chemicals
Sulphuric acid:
Exports
_
thous. of Ibs
408
Price, wholesale, 66°,
New York
dolls per 100 Ibs
.70
Nitrate of soda:
Imports
long tons
73, 892
Production in ChileQuantity
metric tons.. 234,319
Plants operating
number. ,
91
i Revised.
581
997
668
948
1,017
940
-33/0
-28.9
.70
.70
.70
.70
.70
.70
0.0
0.0
43, 018
103, 627
156, 354
59,300
89, 858
95,100
+50.9
+64.4
240,000
91
235,000
89
217, 118 215,986
185,440
90
92
88
3
Early data appeared in March, 1926, issue, page 24.
184, 958
+259, 981 +40.6
TREND OF BUSINESS MOVEMENTS—Continued
1925
The* cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
''Survey"
Novem*
ber
1924
1926
December
January February
December
PER CENT INCREASE (+) OR
DECREASE (— )
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
or decrease
(-)
3umulative
1926
from
1925
February
January February from
January
Feb.,
1926,
from
Feb.,
1925 .
1925
1926
28, 173
78, 058
-9.6
+55.0
-9.0
+19.6
51,413
144,047
153, 586
+5.0
+6.6
4,074
417
341
3,163
-18.2
-22.4
CHEMICALS AND OILS-Continued
Chemicals— Continued
Potash:
Imports.. _
.-.
long tons_. 19, 646
Exports
_-_
long tons.. 65, 260
Dyes and dyestufis, exports:
306
Vegetable
thous. oflbs..
Coal-tar
. .- .thous. of lbs__
1,840
Price index numbers:
191
Crude drugs
index number
215
Essential oils
index number
157
Drugs and pharmaceuticals.index number. .
113
Chemicals
_
index number
156
Oils and fats
index number
53,997
26, 894
125, 423
28,365
60, 221
25, 632
93, 365
32, 316
91, 371
23,240
3,004
248
215
1,552
126
1,611
340
1,022
2,007
2,067
216
-41.4
+3.8
-47.7
-22.1
192
225
157
113
156
193
218
156
114
155
200
202
156
112
149
231
153
155
112
158
222
154
154
113
157
219
159
155
114
148
+3.6
-7.3
0.0
-1.8
-3.9
-8.7
+27.0
+0.6
-1.8
+0.7
i 14, 148
* 17, 562
i 15, 259
13, 517
11, 038
10, 317
1,286
3.25
13, 081
10, 248
21, 233
1,995
3.00
10, 126
23, 072
999
3.00
-52.2
0.0
-38.4
+8.3
2,994
1,901
-36.5
3.13
13, 499
980
3.00
i 712, 248
i 804, 870
698, 263
661, 123
-0.9
14.7
96, 385
109, 521
+13.6
-24.1
+0.1
14, 558
11, 193
-23.1
65, 989
201
i
Wood Chemicals
Acetate of lime:
i 13, 277
Production
thous of Ibs
i 12, 926
Shipments or use
thous. of Ibs
Stocks, end of month"
..thous. oflbs.. i 18, 940
4,571
Exports
.
thous. of Ibs _.
3.00
Price, wholesale
dolls, per cwt
Methanol, crude:
Production
gallons.. i 674, 755
Shipments or use
gallons i 782, 441
Stocks, producers', end of month. .gallons .. 11,394,648
Purchased by refiners
gallons . .i 597, 836
Consumed by refiners
gallons i 809, 507
Stocks at refineries, end of month ..gallons.. 856, 751
10,643
Exports
gallons.Prices, wholesale, N. Y
dolls per galL.
.58
Canada—
Consumed
gallons.. 40, 895
Stocks, end of month
gallons. . 33, 186
Methanol, refined:
United StatesProduced
..gallons.. 655, 541
Stocks, end of month, at
refineries
gallons.. 495, 492
CanadaProduced
gallons.. 39, 200
Stocks, end of month.
gallons.. 40, 846
Wood at chemical plants:
Consumption (carbonized)
cords _ . i 71, 688
Stocks end of month
- cords . i 571, 746
Daily capacity, wood-chemical plants:
4,615
Total in industry
-- cords .
Reporting
cords
4,248
841
Shut down
cords..
2,970
17,178
9,026
615
3.25
1,367,560 1, 358, 547
i 596, 693
1771,827
503, 973 "516,"826"
691, 730
685, 995
70,254
39, 270
.58
.58
11,906
526, 192
648,709 615, 306
654, 369
594, 191
596, 706
1, 617, 934 1, 459, 231 1, 520, 487
731,466
~~+2.~5~
—5.4
+4.5
39, 625 -44. 1
0.0
.68
792, 357
73, 092
.58
656, 565
47, 391
15, 300
32, 574
40, 096
39, 570
29,478
+21.5
—26. 5
608, 152
596,997
483, 059
-19.1
557, 812
636,000
635, 399
45, 555
54,915
31,545
60,704
38, 070
69, 371
175,001
1
72,603
484,302
55, 585
527, 802
71, 130
629, 784
62, 880
627, 045
4,615
841
4,615
4,214
976
4,819
3,712
275
4,807
4,280
4,807
4,280
31, 638
33, 127
31, 181
14, 958
31, 765
30, 214
27, 817
16, 649
28, 789
30, 075
29, 717
16, 447
31, 208
31,411
33, 479
35, 296
30, 569
18, 181
34,541
16, 480
36, 527
34, 074
31, 675
18, 976
18, 001
20, 114
26, 189
61, 379
8,391
49, 556
37,606
527, 525
4,248
35, 310
.68
56, 760
.68
-0.1
*
339
+20.7
+14.3
363
Explosives
(Black powder, permissibles, and other high
explosives)
Production
thous of Ibs
Shipments..
.-thous. of lbs._
Sales
thous. of Ibs
Stocks end of month
thous of Ibs
Naval Stores
Turpentine:
Net repairs, southern ports
barrels . .
Stocks, ports, end of month
barrels..
Price, southern, in barrels,
New York
dolls per gall
Rosin:
Net receipts, southern ports
barrels .Stocks, ports, end of month
barrels _ _
Price, common to good (B),
New York
dolls, per bbl .
45,046
51,247
6,612
44,907
4,681
37, 647
6,167
-28.1
-16.2
1.12
1.02
1.07
1.00
.84
.93
.94
-6.5
+6.4
77, 491
92, 070
36,466
119, 216
256, 482
51, 279
222,857
49, 322
199, 896
-14.8
-15.1
-37.0
-15.4
7.60
8.24
8.28
-7.0
+61.0
17, 179
20, 076
-5.3
+44.9
196,939
220,479
199, 121
31, 082
169, 140
15.94
14.07
14.34
13.33
19,043
3,488
16, 373
18, 195
4,641
100, 601
67,548
-32.9
14, 334
14,543
+1.5
Roofing
Dry roofiing felt:
Production
Stocks, end of month
_
tons
tons..
4,234
2,257
3,503
15, 658
3,713
Fats and Oils
Total vegetable oils:
Exports
thous. of Ibs
Imports
thous. of lbs_.
Oleomargarine:
Production
thous. of Ibs
Ingredients consumed in production 3—
Coconut oil
thous of Ibs
Milk
thous. of Ibs..
Neutral lard
thous of Ibs
Oleo products thous of Ibs
Peanut oil
thous of Ibs
Cottonseed oil
thous of Ibs
Consumption
..thous. of lbs_.
1
Revised.
9,635
9,640
7,470
9,853
9,454
4,880
59, 534
69, 975
57, 657
53, 486
59, 445
52, 617
26, 275
24, 217
22, 585
20, 135
19, 177
17,288
10, 612
10,008
9,327
7,133
, 6, 616
' 2, 359
4,631
578
7,619
5,816
2,480
4,433
7,650
5,542
2,258
4,003
6,698
4,993
2,033
3,963
507
1,968
19, 997
2,230
385
1,783
19, 109
7,077
2,325
4,892
503
2,577
5,034
532
2,320
2,689
24, 974
24, 553
2,407
21, 501
7,073
468
15,846
3
Early data appeared in March, 1926, issue, page 25.
39
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem"Survey*'
ber
1926
mi
January February
December
PER CENT INCREASE (+) OR
DECREASE (—)
1925
FebruDecember
January February
ary
Feb.,
1926,
ary
Feb.,
1925
from
Janu-
from
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct .
increase
(+)
or de-
crease
(-)
1925
1926
cumulative
1926
from
1925
CHEMICALS AND OILS-Continued
Cottonseed
Cottonseed stocks, end of month
tons._ 1, 364, 147 1, 417, 188 1, 099, 371
Cottonseed oil:
Stocks, end of month
_.thous. of lbs._ 111, 333 119, 124 128, 967
Production
thous. of lbs_- 233, 637 224, 230 227, 433
Price, yellow prime,
.11
New York
dolls, per Ib
.10
.11
1, 231, 008
900, 899
598, 021
105, 992
• 213,868
122, 352
210,439
127, 423
158, 014
.11
.11
.11
.11
379
422
1,719
2,018
1,565
1,545
1,481
497
1,322
859
425
1,036
16, 825
14, 720
14, 468
0.0
0.0
Flaxseed
Minneapolis and Duluth:
Receipts
thous. of bushs
Shipments
thous. of bushs
Stocks
__ thous. of bushs
Linseed oil: Shipments from
Minneapolis
-thous. of lbs._
Linseed-oil cake: Shipments from
Minneapolis
thous. of Ibs..
3,522
3,554.
2,488
1,378
781
2,391
513
320
2,026
14, 676
11, 848
12, 401
10,545
32, 563
26, 501
20, 330
31, 274
31, 226
29, 847
-23.3
-31.9
55, 024
119, 077
34, 897
22, 448
49, 473
111, 121
21, 640
12, 358
44, 686
106, 748
16, 788
9,874
96, 114
79, 221
36, 293
32, 651
81, 796
79, 341
24, 734
19, 864
74, 167
76, 187
19, 923
16, 168
3,695
8,235
2,411
5,452
1,700
4,613
17, 791
24, 325
8,484
19, 930
7,387
11, 613
57, 008
13, 199
14, 002
29, 847
6,103
4,146
1.77
1.80
1.84
1.87
1.77
1.85
1.69
1.77
1.91
2.01
1.84
1.98
42, 416
9,499
Ml, 656
7,794
40, 281
6,347
40, 428
6,473
45, 010
7,692
37, 720
7,037
35, 190
-61.9
-19.5
2,340
922
892
742
29, 188
22, 946
-21.4
61, 073
46, 831
-23.3
-9.7 —39 7
-3.9 +40.1
-22.4 -15.7
-20.1 -38.9
44, 657
36, 032
38, 428
22, 232
-13.9
-38.3
-29.5
-15.4
-77.0
-60.3
15, 871
31, 543
4,111
10, 065
-74.1
-68.1
+6.1 +237. 7
10, 249
-26.1 -45.9
+31.9
-0.7
-15.2 +65.9
-15.0
-27.1
FOODSTUFFS
Wheat
Visible supply:
United States
thous of bushs
49, 774
Canada
_thous. of bushs
103, 584
Receipts, principal markets _ _ . thous. of bushs.. 34, 127
Shipments, prin. markets
thous. of bushs.. 22, 324
Exports:
United StatesWheat only
thous. of bushs
4,696
Including wheat flour. thous. of bushs..
8,621
Canada —
Wheat only .
thous of bushs
34, 840
Prices:
No. 1, northern, Chicago. .dolls, per bush_.
1.61
No. 2, red winter, Chicago. dolls, per bush...
1.71
-3.8
-1.1
-3.8
-6.6
+27, 201 +165. 4
Wheat Flour
Grindings of wheat:
United States (Census)... thous. of bushs_.
Canada
thous. of bushs
Production:
United States, actual
(Census)
thous. of bushs
United States, prorated
(Russell)
thous. of bbls...
Canada
thous. of bbls
Production, grain offal.
thous. of Ibs
Capacity operated, flour mills
per cent-Consumption, wholesale
(computed)
thous. of bbls
Stocks, all positions, end
of month
thous. of bbls
Exports:
United States
thous. of bbls..
Canada
thous. of bbls.
Wholesale prices:
Standard patents,
Minneapolis
dolls, per bbl_.
Winter straights,
Kansas City
dolls, per bbl
Corn
Exports, including meal
thous of bushs
Visible supply
-thous. of bushs..
Receipts, principal markets.. .thous. of bushs__
Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose) thous. of bushs..
Prices, contract grades, No. 2,
Chicago
dolls, per bush..
9,128
* 8, 948
8,663
8,885
9,853
8,248
10, 869
2,127
769, 373
56
10, 783
1,738
1
756, 198
53
10, 287
1,422
726, 953
54
11,007
1,449
695, 925
53
11, 705
1,698
762, 489
58
10, 189
1,557
648, 197
53
10, 101
10, 676
9,513
10, 555
10, 017
9,800
7,800
6,900
7,000
6,700
7,400
6,850
872
1,210
1,009
1,042
676
717
647
1,452
828
988
875
939
834
-4.3
-31.1
8.54
9.18
9.41
9.14
8.90
9.69
9.85
-2.9
-7.2
7.61
7.89
8.34
8.00
7.79
8.81
8.67
-4.1
-7.7
1,210
3,077
18, 456
7,692
6,497
3,428
19,095
32, 180
12, 131
6,489
4,823
29, 519
30, 851
10, 268
7,191
2,918
35,688
25, 596
9,906
6,709
571
19, 693
28,953
9,365
5,520
896
28,812
37, 038
14,290
6,751
704
34, 199
21, 274
12, 270
6,198
.84
.80
.80
.77
1.23
1.27
1.24
-3.7
14, 094
68,739
2,443
15, 582
66, 762
2,466
14, 948
66, 284
1,447
11,128
61,896
873
19, 738
76, 343
1,171
23,474
77, 579
934
14, 110
76, 519
843
-25.6
-6.6
-39.7
-21.1
-19.1
+3.6
.40
1,257
.42
1,192
.43
996
.41
.60
1,134
.60
879
.57
659
-4.7
-28.1
17,704
16, 252
13, 994
14, 467
11, 159
7,133
4,791
6,422
2,493
4,364
7,257
958
3,034
6,971
783
7,919
311
5,405
5,484
1,744
4,940
3,939
1,522
4,210
3,850
881
.72
.72
.70
.94
.97
1.00
-39.5 +314. 5
+4.4
-17.0 +20.3
-3.5 -19.3
-6.7 +8.2
+20.9
1,927
1,600
1,323
-31.3
7,741 +383. 8
-3.2
-24.0
+7.3
58,312
26, 560
12, 949
56, 447
20, 174
13,900
37,584
26, 076
-30.6
1,777
2,320
+30.6
2,403
1,094
-54.5
-37.9
Oats
Receipts, principal
markets
„.
.
thous. of bushs
Visible
_
thous. of bushs
Exports, including meal
thous. of bushs..
Prices, contract grades,
Chicago
_
dolls, per bush..
Grindings, Canada
thous. of bushs_.
Production, oatmeal and rolled
oats, Canada
_
thous. of Ibs .
Other Grains
Barley:
Receipts, principal
markets
thous. of bushs
Visible supply
thous. of bushs. .
Exports
.
thous. of bushs
Price fair to good, malting,
Chicago
;
dolls, per bush..
i Revised.
.72 ,
+13.6 +105. 7
-60.3 -64.7
-2.8
-30.0
40
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
'fSurvey"
PER CENT INCBEA8E (+) OB
DECREASE (— )
1926
1934
1925
January February
December
January February
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1926
from
1925
February
rom
January
Feb.,
1926,
from
Feb.,
1925
-5.6
-7.6
-80.3
-38.6
2,152
373
-82.7
-40.6
32, 522
21,603
-33.6
November
December
2,598
62
.86
2,243
95
1.04
1,520
197
1.05
186
.97
3,802
856
1.40
2,134
1,208
1.59
2,823
944
1.58
14,829
15, 182
i 12, 702
8,901
28,668
17, 538
14, 984
Southern paddy, receipts at mills
bbls.. 1, 130, 866 1, 671, 725 1, 019, 566
Shipments:
834, 604
911, 578
751, 701
Total from mills
pockets (100 Ibs.)
204, 210
72,805
New Orleans
pockets (100 Ibs.) . 172,564
Stocks end of month,
mills and dealers. ... .pockets (100 Ibs.) 1,090,571 2,045,781 2, 168, 554
108, 464
23,586
66, 751
Imports
pockets (100 Ibs.}
55, 739
41,666
69,803
Exports . ...
pockets (100 Ibs.)..
477, 583
972,700
448, 306
197, 214
-43.2 +142. 2
608,600
131,393
933,878
151, 143
981, 194
219, 817
543, 246
128,858
-33.2
+80.5
+12.0
+2.0
2, 346, 514 1,867,227 1, 559, 679
41, 497
78, 493
27, 444
114, 109
108,979
275, 318
-13.4
-57.7
1925
1926
FOODSTUFFS— Continued
Other Grains— Continued
Rye:
Receipts, principal
mfwkfits
thoiis of hnsh,s
Exports, including flour... thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..
Total Grains
Total grain exports, incl. flour.thous. of bushs..
-29.9
Bice
48,248
645, 520
1, 497, 149 +131.9
-0.3
-41.4
1,524,440
348,675
1,520,178
204, 198
223,088
103, 987
-53.4
8,782
41, 405
4,697
22, 438
171, 464
12,700
30, 370
4,772
18, 102
171, 137
+44.6
-26.7
+1:6
-19.3
-0.2
+1.4
-4.1
-2.3
+4.8
3,399
1,263
383
2,117
3,391
1,207
397
2,157
-0.2
-4.4
+3.7
+1.9
18,064
16, 947
-6.2
Other Crops
Apples:
Cold-storage holdings,
end of month
thous of bbls
Car-lot shipments
carloads
Potatoes, car-lot shipments
..
carloads..
Onifyps, car-lot Sbiprnpflts
carloads
Citrus fruits, car-lot shipments
carloads..
Hay, receipts .
tons..
9,398
19,478
15,980
2,768
7,229
84,068
7,001
6,078
15, 817
2,524
9,703
98, 998
6,622
14, 553
2,248
8,399
72, 139
6,673
6,068
12, 757
1,869
11, 187
74, 303
5,233
4,980
21, 159
2,713
12, 036
101, 595
3,761
3,802
19,886
1,984
10, 402
69, 869
1, 840
675
225
1,144
1,551
532
172
1,013
2,083
816
309
1,265
1,869
708
207
1,150
' 1,530
555
176
967
-15.7
—21.2
-23.6
-11.5
499, 739
487, 985
11,128
458, 376
462, 650
8,574
8,373
441, 160
449, 106
9,329
480, 692
481, 583
9,412
346, 086
387, 219
8,652
-2.3
-3.2
84,996
80, 538
77,907
142, 964
140, 705
130, 809
-3.3
-40.4
10.04
.170
.131
9.88
.170
.147
9.69
.163
.150
9.55
.183
.125
9.31
.183
.133
9.47
.183
.135
-1.9
-4.1
4-2.0
+2.8
-10.9
+11.1
3,844
1,524
61
2,300
4,380
1,618
77
2,776
4,304
1,581
65
2,721
3,372
1,345
58
2,035
6,604
2,271
38
4,335
6,105
2,176
38
3,910
4,558
1,580
35
3,010
-21.7
-14.9
-10.8
—25.2
-26.0
-14.9
+65.7
-32.4
10,663
3,756
75
6,920
7,677
2,926
123
4,758
-28.0
-21.7
+64.0
-31.2
606, 705
541, 736
76, 418
773, 984
563, Oil
115, 241
802, 879
566, 918
130, 829
109, 764
912, 990
662, 169
120,607
950, 738
623, 912
144, 221
726, 051
483, 364
114, 706
-16.9
-4.3
258,927
240, 593
-7.1
418, 737
514, 697
620,229
688,360
708, 413
891, 496 1,017,282
4H.O
-32.3
385,027
472, 219
556, 042
611, 807
647, 364
778, 792
865, 355
410.0
-29.3
106, 206
39, 979
147, 716
68,840
162, 314
76, 670
126, 752
65, 356
192, 596
76, 803
194, 189
78, 440
161, 697
60,363
-21.9
-14.8
-21.6
+8.3
355, 886
138,803
289, 066
142,026
-18.8
+2.3
33, 710
42,478
64,187
76, 653
61,049
112, 704
151, 927
419.3
-49.6
11.32
.282
.162
10.88
.280
.150
11.63
.278
.157
12.05
.288
.152
9.96
.207
.169
10.80
.219
.166
11.15
.201
.161
43.6
43.6
-3.2
+8.8
+24.7
-5.6
1,608
771
220
840
1,548
694
155
856
1,486
863
89
615
1,605
750
206
854
1,467
688
138
786
1,388
675
119
711
-4.0
424.4
-42.6
-28.2
+7.1
+27.9
-25.2
-13.5
2,855
1,363
257
1,497
3,034
1,557
244
1,471
+6.3
+14.2
-5.1
-1.7
39, 468
39,383
42,684
42,526
32,803
38, 294
39, 655
40, 275
34,945
34,953
1,820
2,354
3,432
2,949
2,336
2,294
+45.8
+49.6
8.06
15.94
7.89
1484
7.89
13.28
7.58
15.98
8.69
17.631
8.44
7.27
0.0
-10.5
-6.5
-23.1
8,512
7,244
11, 125
1,554
9,350
82,329
H-9.0 +74.2
-8.0 -26.8
-10.9 +13.3
-13.4 -19.3
-27.1 +3.2
Cattle and Calves
Cattle movement, primary markets:
2,282
Receipts
thousands-1,017
Shipments, total
thousands
472
Shipments, stocker and feeder.. thousands..
1,232
Local slaughter
thousands
Beef products:
Inspected slaughter product.-thous. of Ibs.. 451, 396
Apparent consumption
thous. of Ibs.. 424,809
7,831
Exports
thous. of Ibs..
Cold-storage holdings,
73,564
end of month
thous. of Ibs..
Prices, Chicago:
10.58
Cattle, corn-fed
dolls, per 100 Ibs..
.178
Beef, fresh native steers
dolls, per lb..
.143
Beef, steer rounds, No. 2
dolls, per lb..
2,056 ,
833
333
1,248
%
Hags and Pork
Hog movements, primary markets:
Receipts
thousands..
Shipments, total
thousands-Shipments, stocker and feeder.. thousands..
Local slaughter
thousands '
Pork products, total:
Inspected slaughter product.. thous. of Ibs..
Apparent consumption
thous. of lbs_.
Exports
thous. of Ibs..
Cold-storage holdings, total,
end of month
thous. of Ibs..
Fresh and cured in storage,
end of month
thous. of Ibs..
Lard (included in pork products) :
Production
thous. of Ibs
Exports
thous. of lbs_.
Cold-storage holdings,
end of month
thous. of Ibs. .
Prices:
Hogs, heavy, Chicago. — dolls, per 100 Ibs..
Hams, smoked, Chicago
dolls, per lb__
Lard, prune contract, N. Y... dolls, per lb..
Sheep and Lambs
Sheep movement, primary markets:
1,712
Receipts
thousands
927
Shipments, total
.
thousands
Shipments, stocker and feeder.. thousands460
793
Local slaughter
thousands
Lamb and mutton:
34,049
Inspected slaughter product.-thous. of Ibs..
34,524
Apparent consumption
thous. of Ibs..
Cold-storage holdings,
1,549
end of month..
. thous. of Ibs..
Prices:
6.79
Sheep, ewes, Chicago
dolls, per 100 Ibs. .
15.25
Sheep, lambs, Chicago., .dolls, per 100 Ibs..
i Revised.
41
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
November
1924
1926
1925
Decem
ber
PER CENT INCREASE (+) OR
DECREASE (— )
1925
January February
February
from
January
Feb.,
1926,
from
Feb.,
1925
1, 386, 953 1, 471, 085 1,107,082
849, 943 1,034,537 1, 150, 385
1, 149, 569 1, 145, 770 905,536
4-9.5
-33. 1
January February December
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
(+)
or decrease
(-)
cumu
lative
1926
from
1925
1925
1926
48, 302
45, 946
-4.9
72,962
78,931
+8.2
28,047
28,422
+1.3
1,795
1,976
+10.1
FOODSTUFFS-Continued
Total Meats
•
Production, inspected slaughter._thous. of lbs__ 1, 092, 150 1, 313, 191 1, 303, 939
Cold-storage holdings, end mo...thous. of lbs~ 493, 028 601, 513 703, 121
Apparent consumption
». -thous. of lbs__ 1, 001, 069 1, 090, 379 1, 072, 094
Poultry
62,272
Receipts at five markets
thous. 01 lbs__
26,765
68, 385
Cold-storage holdings,
end of month
—-thous. of Ibs.. 86, 733 111, 501 108,512
Fish
13,644
Total catch, prin. fishing ports... thous. of lbs._ 15, 174
9,401
Cold-storage holdings, 15th of mo.thous. of lbs_. 61, 849
48, 181
58,048
Canned salmon, shipments
,
cases.. 503, 149 659,033 325, 612
Dairy Products
Butter:
Receipts, 5 markets
thous. of lbs__
Cold-storage holdings,
creamery, end of month — thous. of lbs__
Apparent consumption
thous. of lbs__
Wholesale price, 5 markets... dolls, per lb__
Cheese:
Receipts, 5 markets
thous. of lbs_.
Cold-storage holdings,
American, end of month... thous. of lbs__
Wholesale price, 5 markets... dolls, per lb__
Eggs:
Receipts, 5 markets .
thous. of cases
Cold-storage holdings
thous. of cases..
769, 699
19, 181
79, 368
28,402
19,900
-28.3
-3.6
95,587
133, 990
138, 189
130,513
-11.9
-26.8
37, 342
12,353
68,325
614, 164
11,028
55, 308
394, 433
18, 181
44,034
371,422
-22.5
-15.2
35,181
+0.2
+123
28,789
127,753
.412
-33.2
-8.6
+0.4
+9.0
+5.6
+23.5
+6.1
35,455
36, 199
39,424
39,507
33, 155
37,781
74,754
140,254
.511
52, 785
145,132
.489
39,381
138, 165
.447
26,321
.449
65,694
156,398
.440
45,748
138,884
.414
17,059
14, 012
14,854
13,568
14,921
15,202
12,845
-8.7
66, 495
.254
58,547
.246
50, 339
.245
42,779
.243
49, 187
.221
41, 552
.228
34,647
.229
-15.0
-0.8
433
3,786
625
1,683
906
578
1,070
75
524
1,050
618
81
1,177
21
25,876
4,660
22,889
5,599
11,830
9,161
12,208
7,066
12,321
5,956
21,363
3,548
4,203
6.04
17, 592
3,100
3,733
6.00
2,149
4,168
3,096
5.87
2,209
3,113
4,701
5.88
2,628
2,407
2,961
5.88
125,501
107,304
102,337
71,857
72,460
94,775
5,572
4.54
82,897
5,962
4.72
40,032
7,766
3.99
29,929
5,952
4.16
42,187
6,700
4.18
3,280
5,954
4,368
336
4,670
5,681
4,326
203
4,087
8,231
5,466
487
3,489
6,067
4,050
335
2,747
5,381
3,536
293
15,899
2,546
16, 010
2,522
14,701
2,434
14, 528
2,413
14, 149
2,281
23,875
27,188
26,126
19,757
22,059
21,356
21,307
220, 184
262, 894
92,709
17,939
226,991
349, 139
120, 146
58,309
233,867
367,439
89, 144
144, 273
434, 261
444,259
178,803
7,581
134,073
151, 541
49,393
53,388
274, 510
299,040
83,659
25,248
27,583
28,386
1,980
37,812
2,996
403
19, 131
10,728
6,553
9,645
863
7,056
14, 108
+47.2
-31.6
.040
.051
.058
120
.041
.053
.058
122
.042
.051
.058
122
.042
.052
.060
122
.053
.072
.080
160
.046
.061
.073
147
.046
.058
.070
140
0.0
+2.0
+3.4
0.0
-8.7
-10.3
-14.3
-12.9
88,119
262, 855
292, 119
181,448
327,298
132, 148
611,099
379, 723
364,430
769,537
445, 215
684,263
101, 126
109,020
23,850
637,599
375, 213
293, 891
833,934
504,146
623,658
+25.9
+17.2
+87.8
-14.2
Milk
Condensed milk:
Manufacturers' total stocksCase goods
thous. of lbs__
29,685
Bulk goods
thous. of lbs__
4,619
Manufacturers' unsold stocksCase goods
thous. of lbs__
24,181
Bulk goods
thous. of lbs_.
2,308
Exports.
.
.
thous. of Ibs
3,316
Wholesale price, New York.dolls. per case..
6.03
Evaporated milk:
Manufacturers' total stocks,
case goods
thous. of lbs._ 131,251
Manufacturers' unsold stocksCase goods
thous. of lbs__ 103, 700
Exports.
..thous. of Ibs
4,654
Wholesale price, New York.dolls. per case..
4.49
Powdered milk:
Sales, less resales
thous. of Ibs..
3,077
Manufacturers' total stocks. -thous. of Ibs..
6,258
Manufacturers' unsold stocks.thous. of Ibs. .
3,612
Exports
thous. of Ibs..
376
Fluid milk:
Receipts—
Boston (incld. cream) — thous. of qts._
15,649
Greater New York
thous. of cans..
2,496
ProductionMinneapolis district (excluding
cream)
thous. of lbs._
20,255
3,777
5.95
4,701
4.44
4,448
190
+18.1 -9.1
-87.0 +257. 1
+1.2
-0.8
+27.6
+1.2
7,662
7,510
-2.0
-21.2
-5.9
-29.8
+6.2
12, 652
10,663
-15.7
6,236
9,119
+46.2
-4.8 +61.9
-6.4
-35.2
628
393
-37.2
-3.9
+22.3
43,415
53,314
+22.8
116,390 +147. 4 +24.0
372,911 +85.7 +16.5
413,742 +20.5 +7.4
123,302 +100.6 +45.0
169,778
647,421
712,782
202,582
668,128
811,698
+19.3
+3.2
+13.9
Sugar
Raw:
Imports—
From Hawaii and Porto Rico.long tons..
From foreign countries
long tons..
Meltings, eight ports
long tons
Stocks at refineries, end mo
long tons..
Receipts, domestic at New
Orleans
long tons
Refined:
Exports, including maple
long tons..
Prices:
Wholesale, 96° centrifugal,
N. Y
dolls, per lb__
Wholesale, granulated, N. Y.dolls. per lb_.
Retail, granulated, N. Y
dolls, per lb..
Retail, average, 51 cities... .index numberCuban movement:
Receipts at Cuban ports
long tons..
Exports.
. ..long tons
Stocks, end of month
long tons _
Coffee
Imports
Visible supply:
World
United States
Receipts, total, Brazil
Clearances:
Total, Brazil, for world
Total, Brazil, for U. S
Imports
Tea
thous. of Ibs..
115,225
128,371
143, 268
122,965
114, 113
109,048
79,992
thous. of bags..
thous. of bags. .
thous. of bags
5,035
789
1,144
5,080
888
1,187
4,753
685
1,157
4,761
798
939
5,388
611
980
5,290
713
874
5,112
652
765
thous. of bags..
thous. of bags..
1,269
758
1,195
731
1,007
572
1,235
610
923
530
1,042
623
756
377
thous. of lbs._
11.067
10.468
7.546
7.080
8.688
7.661
6.084
-93.0 +391.3
3,399
30,366 +793.4
21,164
16, 198
-23.5
-7.7
-11.7
+9.7
1,471,533
879,359
1,380,636
824,938
-6.2
-6.2
+53.7
189,040
266,233
+57.5
+0.2
-6.9
+16.5 +22.4
-18.8 +22.8
1,639
2,096
+28.0
+22.6
+6.6
+63.4
+61.8
1,798
1,000
2,242
1,182
+25.0
+28.2
-6.2
+16.4
13. 745
14.626
+6.4
42
TREND OF BUSINESS MOVEMENTS—Continued
1995
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
November
1924
1936
PEE CENT INCREASE (+) OR
DECREASE (— )
1925
February
Decem- January February Decem- January February from
ber
ber
January
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Per ct.
increase
or(1^
decrease
(-)
cumulative
1926
from
1925
Feb.,
1926,
from
Feb.,
1925
1925
1936
+6.4
-10.1
-0.8
+6.3
885
13, 184
927
12. 333
-1.0
+2.6
68, 465
68,629
+0.2
+0.5 +95.4
-39.8 -30.2
-24.9 +61.0
94, 038
1,365
145, 384
60, 277
1,442
194, 661
-35.9
+5.6
+33.9
TOBACCO
Consumption (tax-paid withdrawals) :
598
Large cigars
millions.
473
6,517
6,249
Small cigarettes .
millions _ _
Manufactured tobacco
and snuff
thous. of lbs_. 30, 342
28, 657
Exports:
Unmanufactured leaf
thous. of Ibs.. 51, 141
68, 375
Cigarettes
. _ . . _ millions..
500
943
Sales, loose-leaf warehouses
thous. of lbs._ 112, 615 120, 972
Price, wholesale, Burley good leaf,
dark red Louisville
dolls, per 100 Ibs
25. 00
25.00
TRANSPORTATION
434
6,944
431
6,240
511
5,442
475
6,652
452
5,681
34, 411
34,054
28,871
35, 457
33, 172
46, 891
852
111, 199
47, 147
513
83, 462
44,545
838
71, 676
36, 150
707
93, 551
24, 127
735
51, 833
25.00
25.00
24.50
24.50
24.50
2,266
1,266
524
2,228
147, 840
54,229
1,907
942
517
2,305
104, 598
81, 087
1,840
1,037
428
2,209
89, 119
95, 907
0.0
+2.0
+4.7
-7.2
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic
thous. of long tons..
2,023
In American vessels _ . .thous. of long tons. . 1,026
In British vessels _ thous. of long tons. .
522
Suez Canal
thous. of metric tons. . 1,970
Cape Cod Canal
.
gross tons.. 109, 760
Mississippi River, Govt. barges
short tons.. 47, 361
Ohio River, Pittsburgh, Pa., to
Wheeling W Va
.short tons. 603, 125
2,347
1,152
625
2,358
1,294
541
2,230
99, 004
65, 593
57,996
836, 650
155, 339
273, 207
564, 578
365, 970
345, 183
+75.9
-20.9
711, 153
428, 546
-39.7
5,671
2,451
3,220
5,331
2,003
3,328
4,616
1, 600
3,016
4,519
1, 590
2,929
4,885
2,073
2,812
5,126
1,820
3,307
4,550
1,750
2,800
-2.1
-0.6
-2.9
-0.7
-9.1
+4.6
9,670
3,570
6,107
9,135
3,190
5,945
-5.5
-10.6
-2.7
27.5
27.4
26.3
26.8
26.9
25.5
9,844
3,283
13,096
9,339
8,629
4,517
15, 167
11, 690
15, 073
12, 838
5,329
3,340
-12.2 +42.2
-93.1 -90.7
20, 402
16, 178
16, 207
4,829
-20.7
-70.2
186
232
268
183
190
185
267, 739
112, 345
95,295
250,935
113, 860
92,040
207, 683
87, 389
74,151
266, 252
117, 434
108, 189
213, 921
103, 209
69, 736
285, 015
103, 177
138, 425
97
5
87
218
10
170
197
83
15
101
27
30
406
61
4
3,699
206
131
757
258
48
975
1,325
4,432
226
163
998
312
49
1,172
1,512
3,676
171
113
770
299
42
990
1,292
3,475
187
148
752
253
39
928
1,167
B4,457
R245
R180
R 1, 072
R
340
R49
R 1, 133
R 1, 439
3,623
169
123
734
320
45
978
1,255
8,080
414
303
1,806
660
94
2,111
2,694
8,108
397
276
1,768
611
91
2,162
2,804
+0.3
-4.1
-8.9
-2.1
-7.4
—3.2
+2.4
+4.1
402, 411
81.095
532, 827
384, 514
106, 943
40, 786
•
6,052
5,492
2,742
379, 505
91,997
524, 007
389, 650
94, 667
37, 869
347, 568
89, 505
480,995
378, 649
65, 725
37, 678
362, 217
90,850
505, 176
381, 475
86, 695
35,006
350, 766
88, 739
485, 019
383, 962
66,060
37, 026
336, 800
77. 566
454, 996
355, 555
68, 920
33, 575
6,680
5,784
2,869
7,107
5,543
2,991
5,887
5,470
2,719
6,320
5,202
2,800
5,652
4,993
2,503
63, 869
2,589
10,725
16.9
112
394
101
63, 619
2,585
9,769
15.4
129
379
216
63, 593
2,588
10, 087
16.0
191
206
60
64, 871
2,589
11,267
17.5
295
304
189
64,824
2,591
11, 315
17.6
167
213
27
64, 779
2,592
11, 407
17.7
125
169
49
98
52
93
75
113
91
142
132
90
45
85
73
548
448
672
576
580
526
431
358
407
351
397
343
32
38
35
38
38
58
64
25
81
39
77
13
Ocean Traffic
Clearance, vessels in foreign trade:
Total
....
thous. of net tons..
American
.thous. of net tons. _
Foreign.. ...
thous. of net tons..
Freight rates, liners, Atlantic ports to Europeindex no rel. to Jan. 1920
Shipbuilding
Completed during month:
Total
gross tons..
Steel seagoinggross tons..
Building or under contract, end of mo:
Merchant vessels
thous. of gross tons..
7,578
312
Freight Cars
Surplus (daily av. last week of month):
Total
cars
136, 796
Box
. .
cars
58, 463
Coal.
.
cars.. 43,658
Shortage (daily av. last week of month) :
Total
cars
357
Box
_
cars..
104
Coal..... .. .
cars_.
200
Car loadings (monthly totals):
Total
thous. of cars. _
4,095
Grain and grain products... thous. of cars..
195
Li vestock
.
-thous . of cars . _
140
Coal and coke
_ -thous. of cars..
799
Forest products
thous. of cars..
265
Ore
thous. of cars. _
132
Merchandise and 1. c. 1
-thous. of cars..
1,035
Miscellaneous
thous. of cars..
1,528
Railroad Operations
Revenue:
Freight
thous. of dolls .
Passenger
thous. of dolls
Total operating
thous. of dolls _
Operating expenses
thous. of dolls..
Net operating income
thous. of dolls..
Freight carried
..
mills, ton-miles _
Pullman company operations:
Revenue
thous. of dolls
Expenses _ __
thous. of dolls .
Passengers carried
thousands _.
-17.2
-23.2
-19.4
-27.1
-15.3
-46.4
-9.6
167
100 +730. 0
10 -91.2
-17.1
-24.3
-30. 7
-22.8
-4.2
-14.3
-15.6
-14.6
+18.0
-17.0
+50.0
+1.5
+1.2
-8.1
+4.9
-6.6
-6.7
+1.2
+2.9
0.0
0.0
-11.7
-9.6
-78.3
-73.5
76
73
-3.9
-34.5 +192. §
52
96
+84.6
Railway Equipment
Locomotives (Am. Ry. Assn.) :
Owned, end of month
number
Tractive power
mills, of Ibs .
In bad order, end of month
number..
Per cent of total in use
per cent..
Installed during month
number .
Retired during month
number
Ordered from manufacturers
number-Shipments by manufacturers—
Total . .
number
Domestic ... _
._ . number
Unfilled orders, manufacturer's—
Total
number
Domestic
_.
number
Building in railroad shops,
find of Tnorith
number
Exports
number.-
10, 076
16.0
13
38
43
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulative* shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
November
December
PER CENT INCREASE (+) OR
DECREASE (-)
1926
1924
1925
January February
December
January February
February
from
January
Feb.,
1926,
from
Feb.,
1925
+2.4
+2.9
-12.5
-12.5
-1.5
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
1926
+110. 7
15,700
22, 884
-30.0
+68.9
168
-7.1
-4.6
17, 456
Per ct.
increase
( )
or tdecrease
(-)
cumulative
1926
from
1925
TRANSPOETATION-Continued
Railway Equipment— Continued
Freight cars (Am. Ry. Assn.) :
Owned, end of month.
cars 2, 353, 454 2, 347, 275 2, 344, 016
200, 590
210, 171
210, 009
Capacity
mills, of Ibs
165, 818
158, 160
In bad order end of month
cars
157, 405
7.2
6.8
6.8
Per cent of total in use
per cent
4,299
Installed during month
cars
4,386
4,607
9,948
10, 612
Retired during month
cars
7,396
11, 531
Ordered from manufacturers
_ _ cars . . 13, 598
13, 776
Shipments by manufacturers (I. C. C.)—
3,365
3,299
3,618
Total
cars
2,649
2,968
3,451
Domestic
cars
Building in railroad shops,
7,123
5,323
10, 080
end of month
cars
Passenger cars:
87
547
217
Ordered from manufacturers
cars..
Shipments by manufacturers (I. C. C.)—
56
126
176
Total
cars
56
157
126
Domestic
.
cars
2, 337, 229 2, 341, 109 2, 346, 687
208, 339
207, 626
207, 172
185, 047
186, 539
190, 979
8.0
8.1
8.3
15, 024
11, 678
6,673
7,867
9,453
11,918
11,353
5,388
10, 312
10, 240
161, 959
7.0
152
5,661
5,365
8,365
7,031
10, 335
9,881
6,478
5,285
4,878
235
78
90
79
79
68
68
62
62
+45.8
369 +119. 6
Passenger Travel
National parks:
Visitors .
Automobiles entered .
Arrivals from abroad:
Immigrants
United States citizens
Departures abroad:
Emigrants
United States citizens
Passports issued
number
number
37,083
3,865
27,807
1,767
36, 238
2,411
28, 399
927
38, 292
852
45,700
1,267
number..
number. _
26, 642
23, 118
21, 089
18, 027
19, 070
19, 695
28,098
17, 219
20, 952
16, 987
20, 913
23, 186
number. _
number..
...number..
6,555
18, 039
7,776
8,840
19, 270
8,172
5,286
25, 987
9,054
14,288
17, 388
7,575
6,183
22, 538
8,640
4,087
23, 211
8,816
58,923
13, 686
i 58, 189
i 14, 115
52, 145
12, 131
52, 023
12, 492
49, 890
11, 782
9,999
12, 285
1,811
131, 700
9,392
11, 593
1,596
135, 800
8,820
10, 869
1,340
124, 800
8, 411
PUBLIC UTILITIES
Telephone companies:
56, 826
Operating revenues
thous. of dolls ._
14, 327
Operating income
thous of dolls
Telegraph companies:
Commercial telegraph tolls. thous. of dolls. . 10, 395
12, 810
Operating revenue
thous. of dolls.
1,660
Operating income
thous of dolls
Gross revenue sales
thous. of dolls.. 139, 200
Electric railways (212 companies) :
779, 691
Passengers carried
thous. of persons
Electric power production:
5,787
Total
mills, of kw. hours
1,946
By water power
mills, of kw. hours..
3,841
By fuels
_.
mills, of kw. hours..
In street railways, man395
ufacturing plants, etc.mills. of kw. hours..
5,392
In central stations
mills, of kw. hours
10, 510
12, 957
1,652
145, 500
841, 843
819, 534
829, 794
817, 538
745, 221
6,158
1,977
4,181
6,116
1,951
4,165
5,537
1,749
3,788
5,572
1,695
3,877
4,982
1,741
3,241
438
5,720
438
5,678
435
5,102
450
5,122
384
4,598
516
129
95
93
82
123.7
99.8
92.7
513
262
94
92
83
123.2
98.8
92.9
515
270
94
94
86
125. 3
101.4
94.1
499
95
89
89
79
116.4
97.6
91.3
497
208
88
90
82
117.5
98.5
92.6
505
211
87
92
83
119.6
100.0
93.9
+0.4
+3.1
0.0
+2.2
+3.6
-1.7
+2.6
+1.3
+2.0
+28.0
+8.0
+2.2
+3.6
+4.8
+1.4
+0.2
14, 983
291.3
100
92
89
14, 905
282.3
98
88
90
14, 720
302.3
97
92
93
14, 101
267.1
90
90
89
14, 048
263.9
86
88
88
14, 133
280.8
87
91
87
-1.2
+7.1
-1.0
+4.5
+3.3
+4.2
+7.7
+11.5
+1.1
+6.9
61,509
61,296
66, 079
65, 938
65, 505
29.05
116.4
235.2
187.8
105
103
104
29.05
114.3
228.6
188.8
104
100
104
28.26
114.8
229.1
190.1
101
103
110
28.29
111.9
224.0
189.5
98
99
104
27.97
113.9
234.1
189.1
101
101
102
-1.7
+3.6
+5.4
+0.3
0.0
+3.0
0.0
+2.2
+4.0
+2.7
+0.1
+3.0
+2.0
+2.0
27.48
29.86
31.54
24.10
17.43
27.07
29.47
31.16
23.76
17.07
26.85
28.90
30.65
23.08
17.18
27.09
29.20
30.75
24.02
17.79
27.12
29.35
30.96
23.81
17.70
49.9
49.1
49.9
48.5
49.8
47.1
49.8
48.5
49.9
48.6
EMPLOYMENT AND WAGES
Employment in factories:
513
New York State..
thousands. .
264
Detroit
thousands
93
New Jersey (rel. to 1923) index number..
92
Pennsylvania (rel. to 1923). index number..
78
Delaware (rel. to 1923)
index number-Wisconsin (rel. to 1915).. -index number. .
122.6
Illinois (rel to 1922)
index number..
99.3
Massachusetts (rel. to 1914) .index number. .
93.1
Total pay roll:
14,700
New York State.
thous. of dolls..
Wisconsin (rel. to 1915)
index number
288.1
New Jersey (rel. to 1923) index number. _
96
Pennsylvania (rel. to 1923) -index number. .
88
84
Delaware (rel. to 1923)
index number..
Federal civilian employees,
Washington, D. C., end of mo
number. . 61, 753
Average weekly earnings (State reports) :
28.67
New York State
dolls..
115.2
Illinois (rel. to 1922)
.-index number. _
Wisconsin (rel to 1915)
index number
234.7
Massachusetts (rel. to 1914) .index number. . 187.8
New Jersey (rel. to 1923). _ _ index number. .
103
99
Pennsylvania (rel. to 1923). index number. .
104
Delaware (rel. to 1923)
index number-Average weekly earnings (National Industrial
Conference Board):
Grand total (both sexes)
dollars. _
27. 13
29.43
Total male.dollars..
Skilled male
dollars. .
31.08
23.79
Unskilled male.dollarsTotal women
dollars-17.15
Average weekly hours:
Nominal (both sexes)
hours- .
49.7
Actual (both sexes)
hours,.
48.5
* Revised.
28.58
118.4
240.5
189.3
104
103
104
17, 465
+0.1
TREND OF BUSINESS MOVEMENTS—Continued
1926
1925
1924
PER CENT INCEEASE (+) OE
DECREASE (— )
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
Febru- Feb.,
1926,
26 to 151 of the February, 1926, Novem- Decemary
January February DecemJanuary February from
from
"Survey"
ber
ber
ber
Feb.,
1925
January
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
1926
Per ct.
increase
(+)
or decrease
(-)
cumulative
1926
from
1925
EMPLOYMENT AND WAGES-Contd
Wages of common labor by geographic divisions:
New England
cents per hour
Middle Atlantic
cents per hourSouth Atlantic
cents per hour
East South Central
cents per hour..
West South Central
cents per hour
East North Central
cents per hour
West North Central
cents per hour
Mountain
cents per hour
Pacific
. ... . cents per hour..
United States average
cents per hour..
Wage rates, U.S., Steel
Corporation
cents per hour
Applicants per 100 jobs, employments agencies:
• United States average
number
Eastern States
number
Central States
number
Southern States
number..
Western States
number
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales, 4 houses
thous. of dolls..
Total sales, 2 houses
thous. of dolls..
Sears, Roebuck & Co
thous. of dolls
Montgomery Ward & Co.-tbous. of dolls..
Ten-cent chain stores:
Total sales
tbous. of dolls. .
Total stores operated
number
F. W. Woolworth & Co
thous. of dolls..
Stores operated
..number .
S. S. Kresge Co
thous. of dolls..
Stores operated
number
McCrory Stores Corp
thous. of dolls..
Stores operated
number
8. H. Kress & Co
thous. of dolls..
Stores operated
number
Chain stores:
Groceries—
Sales
thous. of dolls..
Stores operated
number
DrugSales
thous. of dolls..
Stores operated
number
CigarSales
tbous. of dolls..
Stores operated
number
ShoesSales.
thous. of dolls..
Stores operated
number..
Music—
Sales
thous of dolls
Stores operated
number
CandySales
- -thous. of dolls..
Stores operated
number
Restaurant chains:
Total sales
thous. of dolls..
Total stores operated
number
Childs Co., sales
thous. of dolls..
Waldorf System (Inc.),
sales
thous of dolls
Other chain stores:
J. C. Penney Co
. thous. of dolls..
Stores operated ....
number..
United Cigar Stores Co
thous. of dollsStores operated
number. .
A. Schulte (Inc.)
thous. of dolls..
Stores operated
number
Owl Drug Co
thous. of dolls..
Stores operated — ..
number Advertising
Magazine advertising
thous. of lines..
Newspaper advertising
thous. of linesNational advertising in newspapers:
Total
thous. of lines—
Automobile advertising
thous. of lines. _
Automobile accessories
thous. of lines..
Cigars, cigarettes, and
tobacco
thous of lines
Financial
thous. of lines
Food, groceries, beverages.. thous. of linesHotels and resorts
thous of lines
Household furniture
thous. of linesMen's clothing
thous. of lines..
Musical instruments
thous. of linesRadio and electrical
thous. of lines—
Railroads and steamships.. thous. of lines. .
Shoes
thous. of lines..
Toilet articles and medical
preparations
thous of lines
Women's wear
thous of lines
Miscellaneous
thous. of lines..
46
45
27
25
29
36
37
46
52
38
48
48
27
25
25
37
38
43
51
38
45
46
27
28
25
36
36
42
51
37
57
42
28
26
27
39
35
41
51
38
47
43
27
23
27
39
37
41
52
37
44
52
22
21
28
34
36
39
52
36
45
46
23
26
29
41
39
39
51
38
+26.7 +26.7
-8.7
-8.7
+3.7 +21.7
-7.1
0.0
-6.9
+8.0
+8.3 -4.9
-2.8
-10.3
-2.4
+5.1
0.0
0.0
+2.7
0.0
50
50
50
50
50
50
50
0.0
0.0
127
119
149
119
66
146
126
190
120
70
174
138
237
139
75
158
108
222
120
75
152
131
195
138
66
174
142
232
147
70
163
139
222
132
57
-9.2
-21.7
-6.4
-13.7
0.0
-3.1
-22.3
0.0
-9.1
+31.6
52,764
44,618
25,824
18,794
60,850
53,311
30,522
22,789
42,401
37,858
22,591
15,267
40,588
36,268
21,423
14,845
54,093
46,316
26, 171
20,145
39,337
34,746
22,082
12,664
38,418
33,756
21,033
12,723
-4.3
-4.2
-5.2
-2.8
+5.6
+7.4
+1.9
+16.7
77, 755
68,502
43, 115
25,387
82,989
74,126
44,014
30, 112
+6.7
+8.2
+2.1
+18.6
36,882
2,066
20,677
1,425
9,425
293
2,669
182
4,111
166
71,258
2,065
39,330
1,420
17,984
298
5,337
181
8,607
166
27,767
2,078
15,168
1,423
7,451
305
2,102
183
3,046
167
28,428
2,084
15,478
1,423
7,496
312
2.174
182
3,280
167
61,209
1,956
35,025
1,364
14, 592
256
4,290
176
7,302
160
25,307
1,957
14,205
1,366
6,672
259
1,703
176
2,796
160
26, 130
1,969
14,853
1,371
6,644
262
1,783
176
2,850
160
+2.4
+0.3
+2.0
0.0
+0.6
+2.3
+3.4
-0.5
+7.7
0.0
+8.8
+5.8
+4.2
+3.8
+12.8
+19.1
+21.9
+3.4
+15.1
+4.4
51,437
56, 195
+9.3
29,058
30,646
+5.5
13, 316
14,947
+12.2
3,486
4,276
+22.7
5,646
6,326
+12.0
76,229
23,897
92,423
24,184
80, 137
24,297
70,947
19,707
70, 161
20,033
65, 368
20, 385
6,522
589
8,633
601
6,978
612
7,314
527
6,066
528
5,730
528
8,072
3,224
12, 536
3,259
7,545
3,265
11, 362
2,841
7,255
2,817
7,026
2,809
0.0
0.0
+7.4
+16.3
14,281
15,089
+5.7
3,186
516
4,398
521
2,524
522
4,358
452
2,499
451
2,334
456
1,257
58
1,939
60
911
60
1,668
54
831
54
893
55
2,372
231
3, 396
234
2,028
232
2,101
229
3,430
179
1,966
178
2,123
195
+3.6
-1.3
-1.0
+17.4
4,089
4,129
+1.0
3,184
225
2,107
3,446
226
2,275
3,246
226
2,120
1,926
3,181
219
2,057
3,083
219
1,983
2,826
219
1,837
-9.2
+4.8
3,820
4,046
+5.9
1,077
1,171
1,126
1,124
1,100
989
9,850
668
5,992
2,946
2,034
267
1,252
87
12,606
676
9,187
2,980
3,234
268
1,886
88
4,970
671
5,608
2,985
1,895
269
1,261
88
5,478
671
5,610
2,984
1,894
271
1,194
88
9,970
569
8,490
2,572
2,742
255
1,906
84
3,929
568
5,389
2,547
1,808
256
1,327
84
4,225
569
5,211
2,537
1,759
258
1,242
84
+27.6
2,506
117,231
2,251
110,410
1,778
92,797
2,145
91, 497
2,121
102, 927
1,537
101,733
1,975
85,902
30, 695
5,023
1,041
20,734
3,058
530
24,542
6,063
760
2,199
906
4,183
396
591
375
353
2,498
1,532
256
1,525
967
2,383
499
303
180
227
2,490
1,649
307
1,621
1,153
2,610
413
150
30
86
1,310
1,401
56
6,584
232
4,525
3,371
68
3,176
5,905
26
2,959
7,544
3,266
+10.2 +29.7
0.0 +17.9
+7.7
0.0
0.0 +17.6
-0.1 +7.7
+0.7
+5.0
-3.9
-5.3
0.0 +4.8
+8.6
+6.6
+20.6
-1.4
1
8,187
10, 448
10,600
11, 218
+5.8
3,567
3,789
+6.2
2,569
2,455
-4.4
3,512
187, 635
3,923
184,294
+11.7
-1.8
45
TREND OF BUSINESS MOVEMENTS—Continued
1936
1925
&?%
The ciimula tivcs shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
November
December
1934
January February December
PER CENT INCREASE (+) OR
DECREASE (— )
1935
January February
February
from
January
Feb.,
1926,
from
Feb.,
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1935
1936
Per ct.
increase
(+)
or decrease
(-)
cumulative
1926
from
1925
DISTRIBUTION MOVEMENT-Contd.
Postal Business
Postal receipts, 50 selected
cities
thous. of dolls..
Postal receipts, 50 industrial
cities
-thous. of dolls.Money orders:
Domestic paid (50 cities)—
Quantity
_
number. _
Value...
thous. of dolls
Domestic issued (50 cities)—
Quantity
number
Value
thous. of dolls.
29,962
38, 656
29, 116
28, 088
34, 149
27, 271
25, 644
-3.5
+9.5
52, 915
57,204
+8.1
2,970
4,126
3,193
3,172
3,613
2,979
2,856
-0.7
+11.1
5,835
6,365
+9.1
10, 916
88, 548
13, 221
101, 440
10, 607
78, 898
74, 312
9,905
13, 558
100, 098
11, 188
61, 179
10, 533
74, 014
-6.6
-5.8
-6.0
+0.4
21, 721
135, 193
20, 512
153, 210
-5.6
+13.3
3,573'
2,960
6,078
59, 246
61, 670
-0.1
+4.1
3,088
2,990
32, 016
35, 252
31, 189
30, 481
34, 002
3,127
30, 563
28, 683
-3.2
-2.3
+1.0
+6.3
168, 732
1,142
184, 098
1,503
159, 038
1,339
137, 517
1,552
160, 672
1,258
198, 223
1,336
223, 649
1,456
-13.5
+15.9
-38.5
+6.6
3,065
3,546
6,087
W holes ale Trade
Delinquent accounts, electrical trade:
Amount
dollars
Number of
firms
..number
Sales Tax Receipts
Internal revenue-taxes collected:
Firearms and shells.thous. of dolls. .
Jewelry, watches, and
clocks
thous. of dolls..
Theater admissions.
thous. of dolls. .
Bonds and stocks issued and
conveyances._. thous. of dolls
Capital stock transfers
thous. of dolls_.
506
304
100
81
290
170
120
-19.0
-32.5
290
181
-37.6
597
1,920
713
2,688
1,863
2,190
1,053
2,140
729
2,554
1,602
-53.5
-2.3
-5.1
+0.6
2,712
4,403
2,916
2,276
1, 110
2,127
4,330
+7.5
-1.7
2,615
1,949
2,699
3,017
1,629
2,667
2,083
2,633
2,280
1,556
1,513
-11.6
+0.6
+17.0
+8.3
4,913
1,430
5,684
3,268
+15.7
+6.5
193, 932
653, 943
152
230, 278
903, 065
472
848,027 1, 13,3, 815
178, 402
618, 425
178
797, 005
185, 907
732, 120
114
918, 141
+4.3
-20.0
-24.0
-15.5
+4.3
-10.7
+33.3
-7.6
364, 309
379, 874
1, 471, 189
352
1, 851, 415
+4.3
+8.9
+20.5
+7.9
900, 125 1, 242, 423
52, 250
109, 080
844, 304
47, 477
940, 796
22, 769
-13.8 -4.3
+28.1 +129. 5
1, 785, 100
70, 246
1, 944, 107
93,044
+8.9
+32.5
611, 376
676, 188
174, 782
225, 892
83, 088
184, 130
869, 246 1, 086, 210
537, 504
147, 441
68, 969
558, 754
177, 666
36, 728
773, 148
+7.1 +9.4
-23.1 -1.6
+47.6 +126. 2
+1.8 +12.4
1, 096, 258
325, 107
105, 697
1, 527, 062
1, 181, 995
401, 940
139, 368
1, 723, 303
+7.8
+23.6
+31.9
+12.9
123, 456
37, 801
8,107
169, 364
141, 633
59, 616
4,186
205, 434
116, 835
36, 550
4,171
157, 556
116,975
-1.0 +5.5
-8.4 +14.9
+61.9 +159.4
-0.9 +10.7
233, 810
69, 451
248, 151
9,546
8,476
8,549
8,606
+0.7
+10.9
3,961
1,533
3,338
2,428
1,452
1,886
3,377
3,410
1,460
1,950
+1.2
+0.4
+1.8
+16.2
+5.0
+24.5
3,811
1,026
3,534
3,547
1,082
1,922
441
102
3,561
1,078
1,927
454
102
+0.1 +7.0
-1.6 -4.8
+0.5 +6.7
+2.1 +36.6
-2.7 +5.9
1,802
1,639
3,069
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Policies, new (45 companies) :
Ordinary..
number of policies
219, 593
185, 942
272, 239
Industrial
number of policies
851, 209
824,881 817, 246
200
172
Group
number of contracts
485
Total
number of policies and contracts. .1,070,974 1, 097, 605 1, 003, 388
Policies and certificates issued:
Total policies and certificates
nuinber.. 1, 097, 292 1, 272, 811 1, 043, 982
40, 794
Group insurance certificates certificates. . 26, 490 175, 691
Amount of new insurance (45 companies) :
Ordinary
thous. of dolls.. 596, 833 735, 325 570, 619
Industrial
thous. of dolls.. 207, 980 223, 883 227, 158
Group
thous. of dolls.. 111, 087 314, 396
56, 280
Total insurance
thous. of dolls.. 915, 900 1, 273, 604 854, 057
Premium collections (45 companies) :
Ordinary
thous. of dolls.. 130,920 157, 858 124, 695
Industrialthous. of dolls.. 39, 074
41, 247
65, 018
4,940
5,007
Group
thous. of dolls
7,100
174,934 229, 976 170, 949
Total
thous. of dolls
Admitted life insurance assets (41 companies) :
9,292
9,394
9,481
Grand total
mills, of dolls
Mortgage loans—
3,796
3,913
Total
mills, of dolls
3,864
1,518
1,527
Farm
mills, of dolls..
1,523
2,278
2,386
All other
mills, of dolls
2,341
Bonds and stocks (book values)—
3,779
3,807
3,751
Total
mills, of dolls
1,048
1,043
1,045
Government .. ..
mills, of dolls. .
2,015
2,034
2,046
Railroad
mills, of dolls
580
607
588
Public utilities ._
mills, of dolls
108
112
111
All other .
mills, of dolls
Policy loans and premium
1,122
1,103
1,113
notes
.
. mills, of dolls .
639
642
638
Other admitted assets
mills, of dolls
753,914
1,456
1,921
32, 901
3,125
153,000
310, 556
13, 114
340, 313
+6.1
+13.8
+79.7
+9.6
1, 213, 414
507, 867
261, 484
181, 943
147, 709
114, 411
+3.6
+2.0
+3.7
+4.6
+9.4
+2.0
55,351
+9.4
+6.7
7,296
79,048
620
108
1,129
625
1,020
585
1,027
599
1,032
602
+0.6
-2.2
+9.4
+3.8
.
744, 111
281, 134
611, 480
259, 837
131, 410
92, 432
72, 367
55, 435
+11.9
+10.3
+15.4
+13.5
+14.5
+5.7
+4.8
+2.5
+6.6
+4.6
+8.9
+6.1
1, 171, 396
498, 054
252, 150
174, 008
135, 029
112, 156
22,924
-18.7
-15.1
+8.2
+7.8
40,848
43, 597
-20.8
-15.5
+1.9
+5.4
34,327
47, 778
48,554
804, 684
296, 151
173, 510
133, 997
116, 231
84, 795
572, 639
241, 508
121, 408
85, 239
640, 775
266, 359
140, 076
55, 610
78, 835
58, 801
98,928
77, 796
559, 916
238, 217
120, 740
81, 576
62, 662
56, 721
27,009
21,334
30,313
24,058
30, 538
23, 581
24, 813
20,016
27,327
21,830
27, 682
22, 277
23,477
18,355
26,959
20,013
19, 631
27,101
21,453
16,583
18,445
68,874
292
1, 715, 146
1,086
1,915
430
102
2,057
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies) :
United States total__
thous. of dolls.. 637, 023
Eastern manuf. district
thous. of dolls.. 252, 514
Western manuf. district
thous. of dolls.. 136, 517
Western agric. district
thous. of dolls-. 99, 155
81, 492
Southern district- _
thous. of dolls
Far western district
thous . of dolls . _ 67, 345
1,350,545
96,704
165,469
120, 784
Banking
Debits to individual accounts:
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
Bank clearings:
New York City
mills, of dolls
Outside New York City.. ..mills, of dolls..
25, 626
26, 721
18,589
18, 571
21,057
15, 738
50, 606
36, 214
+1.6
+5.5
46
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem"Survey"
ber
1926
1924
PEE CENT INCREASE felt) OR
DECREA«fc(-)
1925
February
Decem- January February Decem- January February from
ber
ber
January
Feb.,
1926,
from
Feb.,
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
Per ct.
increase
(+)
or decrease
(-)
cumulative
1926
from
1925
1926
BANKING AND FINANCE-Continued
Banking— Continued
Federal reserve banks:
625
274
449
314
Bills discounted
mills, of dolls
750
540
434
•1,732
1,835
1,667
1,684
Notes in circulation.
mills, of dolls __
1,862
1,679
1,729
701
751
935
715
Total investments. .
mills, of dolls
670
645
696
2,953
2,917
2,822
3,047
3,083
Total reserve _ _
mills . of dolls _ . 2,861
3,030
2,291
2,357
Total deposits
mills, of dolls
2,272
2,311
2,262
2,265
2,270
71.1
67.3
78.0
Reserve ratio _ .
_
per cent
75.0
73.0
74.0
75.8
Federal reserve member banks:
Total loans and discounts. _ .mills, of dolls.. 13, 959
14, 235
13,949
13, 930
13, 051
13, 068
13, 143
Total investments
, _ .mills . of dolls. . 5,405
5,478
5,531
5,492
5,488
5,462
5,396
13, 025
Net demand deposits
mills, of dolls
13, 261
13,034
13, 254
12, 935
13,014
12, 932
Interest rates:
4.75
4.94
3.63
New York call loans
per cent
5.45
4.50
3.38
3.81
4.38
Commercial paper 4-6 mos
per cent..
4.38
4.13
3.63
4.38
3.56
3.66
Savings deposits:
U. S. Postal Savings
thous. of dolls __ 132, 711 133, 235 134,091 134, 997
133, 346 133,472 134,033
New York State savings
banks
._
thous. of dolls __ 3, 533, 841 3, 602, 675 3, 593, 530 3, 625, 038 3, 388, 832 3,409,097 3,417,732
+20.3 +24.4
+0.7 -2.9
-3.7 -7.3
-1.2 -3.7
-0.4
-0.4
-1.3
-2.4
-0.1
+0.3
-0.8
li
+6.0
+1.8
0.0
+9.8 +29.7
-5.7 +12.8
+0.7
+0.7
+0.9
+6.1
-3.1
-3.4
-13.2
+3.1
+3.3
93, 158
345, 232
94, 014
365, 579
+0.9
+5.9
453, 743
384, 724
-15.2
Public Finance
Government debt:
Interest-bearing
Total gross debt
Short-term debt
Customs receipts
Total ordinary receipts
Expenditures chargeable to
ordinary receipts
Money in circulation:
Total
Per capita
20, 139
mills, of dolls
20,401
mills, of dolls
.mills, of dolls _
6,182
48, 276
thous. of dolls
184,
931
thous. of dolls..
19, 983
20, 248
6,033
46, 223
602, 575
20, 024
20,283
6,074
46,399
186,283
20,019
20, 276
6,069
47, 615
179,296
20, 712
20, 979
7,046
40, 129
570, 792
20, 789
21, 057
7,122
46, 988
171,600
20, 658
20, 981
6,992
46, 190
173, 632
0.0
0.0
-0.1
+2.6
-3.8
thous. of dolls.. 236,034
433, 968
232, 847
151, 877
345, 879
292, 457
161,286
-34.8
-5.8
4,972
43.35
5,008
43.62
4,740
41.24
4,814
41.84
4,993
44. 03
4,752
41.86
4,804
42.28
+1.6
+1.5
+0.2
-1.0
35, 922
36, 528
43, 661
34, 176
45,279
54, 354
40, 123
-21.7
-14.8
94, 477
77, 837
-17. 6
13, 994
18,907
3,022
12, 931
20, 635
2,962
16,094
21, 512
6,056
10, 822
20,317
3,037
15,753
27, 141
2,385
11, 909
24, 655
17, 790
15, 334
21,067
3,722
-32.8
-5.6
-49.9
-29.4
-3.6
-18.4
27, 243
45,722
21, 512
26, 916
41, 829
9,093
-1.2
-8.5
-57.7
1,672
442
1,146
84
1,878
490
1,307
81
2,296
510
1,696
90
1,801
447
1,282
72
2,040
475
1,464
101
2, 317
480
1,757
89
1,793
409
1,285
99
-21.6
-12.4
-24.4
-20.0
+0.4
+9.3
-0.2
-27.3
4,110
889
3,042
188
4,097
957
2,978
162
-0.3
+7.6
-2.1
-13.8
thous. of dolls.. 322, 323
74, 970
54, 575
15, 180
5,215
509, 250
218, 715
332, 222
458, 625
202, 200
333, 380
+51.9
-0.3
« 994, 205 1, 060, 187
166, 500
67, 995
28, 775
18, 015
83, 215
45, 575
30, 215
7,425
90,972
53, 325
32, 575
5,070
158, 125
64,609
27, 150
16, 800
80,400
44, 150
29, 100
7,150
87, 980
51,900
31,200
4,800
+9.3
+17.0
+7.8
-31.7
+3.4
+2.7
+4.4
+5.6
* 326, 505
« 160, 659
* 87, 450
4
28, 750
-32.6
-17.7
-35.7
-8.3
mills, of dolls
dollars..
Business Failures
Liabilities:
Total commercial
thous. of dolls..
Manufacturing
establishments
thous. of dolls
Trade establishments
thous. of dolls..
Agents and brokers
thous. of dolls..
Firms:
Total commercial
number. .
Manufacturing establishments number __
Trade establishments
number . _
Agents and brokers
number
Dividend and Interest Payments
(For the following month)
Grand total
Dividend payments:
Total _ _
Indus, and misc. corp
Steam railroads
Street railways
thous. of dolls.,
thous. of dolls..
-thous. of dolls..
.thous . of dolls _ .
4
4
+6.6
340, 687
166, 895
4
91, 565
4
30, 510
+4.3
+3.9
+4.7
+6.1
1,012,151 1, 028, 737
+1.6
New Security Issues
None.
24, 972
Foreign governments _
thous. of dolls ._ 138, 100
Total corporation (Commercial and Financial
Chronicle)...
thous. of dolls.. 376, 240 518, 359 614, 549 414, 188
Purpose of issue365, 565 474, £03 545, 843
New capital
thous. of dolls
43,458
Refunding
thous of dolls
10, 675
68, 707
Kind of issue149, 938 161, 919 171, 742
Stocks
thous of dolls
226, 302 356,441 442, 807
Bonds and notes
thous. of dolls
Class of industry6,320
35, 000
46, 670
Railroads
thous. of dolls ._
Public utilities
thous. of dolls __ 121, 446 182, 164 206, 246
82, 759
94, 335 151, 052
Industrials
thous of dolls
20, 757
20, 500
43, 857
Oil
thous. of dolls
62, 086
58, 331
Land and buildings
thous. of dolls.. 67, 297
81, 229
Shipping and misc
thous of dolls
67, 426 109, 010
Total corporation (Journal of
Commerce)
.thous. of dolls .. 251,381 273, 977 546, 870 351, 662
States and municipalities:
77,844 137, 882
Permanent loans ._
thous. of dolls __ 71, 523 166, 273
79, 824
12, 366
Temporary loans
thous. of dolls.. 39, 827 141, 732
New incorporations
thous. of dolls. .1, 241. 594 1, 020, 548 1, 040, 096 2, 675, 185
91,000
8,000
62, 500
373, 170
508, 598
503, 553
313, 994
59, 177
413, 404
95, 193
450, 171
53,382
89, 185
283, 985
70, 401
438, 197
102, 701
400, 852
14, 890
132,907
148, 618
None.
47, 657
29, 098
22, 992
237, 725
85, 773
75,400
53, 893
31, 815
112, 045
205, 324
63, 899
18, 435
39, 283
33, 817
310, 014
473, 272
383, 645
120, 244
130, 971
867, 667
121,373
53, 375
677, 712
78, 332 +77.1 +76. 0
57, 620 -84.5 -78.5
431, 200 +157.2 +520. 4
927, 568
446,429
935,330
454, 393
944, 995
464,874
62, 267
40, 205
63, 258
38, 233
Agricultural Finance
Loans outstanding, end mo.:
Federal farm loan banks _ _ -thous. of dolls. _ 999,415 1, 005, 685 1, Oil, 088
Joint-stock land banks
thous. of dolls -. 534, 134 545, 559 555, 756
Federal intermediate credit
80, 052
79, 935
banks
thous of dolls
77, 300
14, 637
15, 565
War finance corporation thous. of dolls .. 19,843
4
Cumulative for three months ending Mar. 31.
81,574
13, 861
61,034
+2.1 +33.7
36, 358 1 -5.3 -61.9
856, 917
898, 532
+4.9
199,705
215, 726
+8.0
110, 995
92, 190 -16.9
1,108,912 3, 715, 281 +235. 0
47
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926, Novem"Survey"
ber
1924
1926
December
January
February
December
177. 74
62.45
121. 84
179. 90
92.40
120. 42
179. 55
90.83
119. 92
134. 29
79.15
99.65
PER CENT INCREASE (+) OR
DECREASE (— )
1925
February
January February from
January
Feb.,
1926,
from
Feb.,
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
1925
Per ct.
increase
(
-y
or decrease
(-)
cumulative
1926
from
1925
1926
BANKING AND FINANCE— Continued
Stocks and Bonds
Stock prices, daily closing:
25 industrials, average
dolls, per share..
177. 26
88.56
25 railroads, average
..dolls, per share..
103 stocks, average
dolls per share
120. 05
Southern
cotton
mill
stocks
dolls pei share
118. 27
Stock sales:
48, 981
N. Y. Stock Exchange
thous. of shares..
Bond sales:
Miscellaneous
thous. of dolls ._ 218, 999
Liberty- Victory
thous. of dolls.. 23, Oil
Total. _.
thous. of dolls.. 242, 010
Bond prices:
Highest-grade rails.. p. ct. of par, 4% bond..
86.22
Second-grade rails... p. ct. of par, 4% bond-77.73
Public utility
p ct of par 4% bond
70.65
Industrial- . .
p. ct. of par 4% bond
75.46
Comb, price index. .p. ct. of par, 4% bond_.
77.12
135. 38
79.97
105. 06
138.48
80.90
105.64
-0.2
-1.7
-0.4
+29.7
+12.3
+13.5
118. 88
120.49
120. 89
121. 28
120. 91
119. 97
+0.3
+0.8
42, 876
39, 088
35,462
42, 876
41,431
32, 750
-9.3
+8.3
74, 181
74, 550
+0.5
230, 939
36, 911
267, 850
262, 897
29, 680
292, 577
218, 297
17, 938
236, 235
313, 044
79, 448
392, 492
303, 825
48, 638
352,463
280, 237
26, 691
306, 928
-17.0
-39.6
-19.3
-22.1
-32.8
-23.0
584,062
75, 329
659,391
481, 194
47, 618
528, 812
-17.6
-36.8
-19.8
86.90
78.28
70.92
75.81
77.56
87.99
79.22
71.99
76.80
78.59
88.77
80.09
73.65
77.73
79.69
85. 45
74.65
70.56
73.94
75.77
85.82
75.12
70.63
74.61
76.07
86.37
76.00
71.26
75.16
76.82
+0.9
+1.1
+2.3
+1.2
+1.4
+2.8
+5.4
+3.4
+3.4
+3.7
167, 324
160,098
-4.3
(For 1st of following month)
5 Liberty bonds
p ct of pai
16 foreign governments and
city
p ct of par
Comb, price index, 66 bonds.. .p. ct. of par_.
Municipal bond yield
per cent
Long-term real estate bonds issued:
Grand total
.
thous. of dolls
Purpose of issue —
Finance construction.. .thous. of dolls..
Real estate mortgage... thous. of dolls..
Acquisitions and
improvements
thous of dolls
Kind of structure —
Office and other
commercial
thous of dolls
Hotels
thous of dolls
Apartments
thous of dolls
102. 02
101. 95
102. 35
102. 63
101. 98
102. 21
102. 11
+0.3
+0.5
101.41
97.53
4.22
102. 26
97.81
4.23
103. 26
98.77
4.17
103. 14
98.81
4.15
102. 39
96.55
4.16
103. 24
96.94
4.16
103. 14
97.23
4.11
-0.1
0.0
-0.5
0.0
+1.6
+1.0
-14.0
-7.8
65, 647
57, 808
53, 927
46, 557
48, 373
31, 258
45, 240
9,620
34, 130
7,803
38, 767
8,663
27, 265
1,301
23,338
8,998
18,178
9,210
10, 375
9,405
4,522
2,510
14, 680
530
27, 090
21, 795
10, 165
18, 953
10, 995
13, 470
27, 342
9,490
11,318
19, 905
4,290
10, 085
21, 693
10, 275
11,268
7,220
6,320
4,058
94, 504
791
7,216
5,968
86, 054
796
19, 351
3,087
74,044
25, 416
3,850
90, 816
825
10, 274
39, 675
87, 030
824
5,038
73, 526
80, 294
754
3,603
50, 600
4,931
5,757
7,589
.689
5,163
5,763
9,763
.678
4,970
8,862
7,747
.668
5,674
5,864
11,280
.681
5,509
7,339
11,385
i684
5,077
4,929
6,833
.685
-3.7
+53. 8
-20.6
-1.5
-2.1
+79.8
+13. 4
-2.5
4.85
.040
.040
.045
.402
.268
.193
4.85
.037
.040
.045
.402
.268
.193
4.86
.038
.040
.045
.402
.268
.193
4.86
.037
.040
.045
.402
.268
.193
4.70
.054
.043
.050
.404
.270
.194
4.78
.054
.042
.051
.404
.270
.193
4.77
.053
.041
.051
.402
.270
.193
0.0
-2.6
0.0
0.0
0.0
0.0
0.0
+1.9
-30.2
-2.4
11.8
0.0
-0.7
0.0
dolls per yen
dolls per rupee
.423
.366
.432
.366
.442
.367
.454
.368
.384
.353
.385
.357
.391
.357
+2.7
+0.3
+16.1
+3.1
dolls, per Canadian doll
dolls per gold peso
dolls per milreis
dolls, per paper peso
1.001
.944
.146
.122
1.000
.942
.142
. 122
.998
.941
.148
.120
.997
.933
.148
.121
.997
.883
.115
.113
.997
.911
. 117
.114
.999
.903
.113
.108
-0.1 -0.2
-0.8 +3.3
0.0 +31.0
+0.8 +12.0
thous. of dolls
376, 638
397, 945
416, 766
389, 000
333, 192
346, 165
333, 457
thous of dolls
thous of dolls
thous. of dolls
.thous. of dolls..
thous of dolls
118, 231
14, 492
15, 728
9,323
42, 342
115,642
15, 257
21,387
9, 452
36, 746
111,210
12, 826
16, 006
8, 555
34, 620
110, 654
14, 437
12, 794
9,073
39, 448
102, 809
13, 924
11, 402
8,463
35, 178
100, 968
14, 880
12, 077
8,262
33, 893
thous of dolls
thous of dolls
75, 868
43, 233
79, 338
42, 676
73, 559
35, 576
69, 217
36, 570
77, 531
32, 963
83, 219
33, 651
thous of dolls
thous of dolls
43, 319
6,714
47, 929
7,146
53, 518
7,678
44, 127
6,294
42, 254
6,523
44, 053
10, 212
131, 459
37, 242
7.788
145, 047
39, 177
9.989
162, 083
97, 365
39, 626
11. 829
112, 920
91, 072
23, 181
13. 044
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces.. 102, 641
787
Rand output
thous of ounces
Imports..
thous. of dolls. . 10, 456
Exports
thous. of dolls.. 24, 360
Silver:
Production
_
thous. of fine o z _ _
4,898
4,049
Imports
thous. of dolls..
8,118
Exports
_
thous. of dolls
.692
Price at New York
dolls per fine oz
+31.3 +605. 4
+24.7 -92.4
8,641
124, 126
10, 586
12, 268
18, 218
44, 767 +418. 1
6,937 -94.4
10, 133
14, 625
17, 510
-4.3
+ 19.2
-3.9
FOREIGN EXCHANGE KATES
Europe:
England ..
France
Italy
Belgium .
Netherlands
Sweden
Switzerland
Asia:
Japan
India
_
Americas:
Canada
Argentina _
Brazil
Chile
dolls, per £ sterling
dolls, per franc..
dolls per lire
dolls per franc
dolls per guilder
dolls per krone
dolls per franc
/
U. S. FOREIGN TRADE
Imports
Grand total
By grand divisions:
EuropeTotal
France
Germany.
Italy
-_
United Kingdom
North AmericaTotal
Canada
South AmericaTotal
Argentina
Asia and OceaniaTotal
Japan
Africa, total
thous. of dolls..
thous. of dolls
thous. of dolls..
16. 397
10, 651
-6.7
+16.7
679, 622
805, 766
+18. fr
48
TREND OF BUSINESS MOVEMENTS—Continued
1925
The cumulatives shown are through
February. Earlier data for items
shown here may be found on pages
26 to 151 of the February, 1926,
"Survey"
1924
1926
PER CENT INCREASE (+) OB
DECREASE (— )
1925
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH FEB. 28
Perct.
in-
crease
(+)
or de-
ary
Feb.,
1926,
ary
Feb.,
1925
FebruNovember
December
January
February
Decem-
ber
January
February
from
Janu-
from
crease
(-)
1925
cumulative
1926
1926
from
1925
U. S. FOREIGN TRADE— Continued
Imports— Continued
By class of commodities:
Crude materials
thous of dolls
165, 904
Foodstuffs, crude, and
food animals
thous of dolls
46,588
Manufactured foodstuffs... thous. of dolls. . 29, 339
Semimanufactures _.
thous. of dolls
62,223
Finished manufactures
thous. of dolls..
70, 515
175, 727
201, 092
130, 665
149, 850
128, 603
48, 161
28,937
67, 595
74, 089
48, 632
28,826
71, 140
67, 076
40, 053
27, 395
60, 260
69, 133
38, 062
32, 332
63, 108
62, 813
36, 778
39, 776
63,649
62, 848
447, 013
468, 645
397, 196
445, 748
446, 443
370, 676
237, 644
29,560
39, 120
16, 766
107, 247
246, 160
28, 218
35, 983
17, 479
114, 234
199, 794
29,731
25, 537
14,382
82, 159
274, 251
27, 862
50, 673
23,914
116, 792
269, 401
29, 210
49, 599
22, 669
113, 137
222, 262
22, 855
43, 785
23, 061
85, 757
93, 739
53, 650
96, 162
51, 649
84, 780
47, 437
77,263
38, 988
77, 831
36,931
75, 125
39, 122
34, 991
13, 230
43, 545
16, 871
37, 775
14,938
28,845
10, 702
31, 745
12, 893
25, 463
9,939
72,654
29, 861
8,568
439, 449
72, 929
26, 801
9,849
459, 506
66,545
58, 362
26, 451
7,027
438, 587
60,884
8,302
388, 119
6,582
440, 578
57, 742
15, 803
5,330
364,835
172, 534
152, 490
113, 925
168, 335
169, 196
128,697
19, 485
46, 972
50, 035
149, 232
21, 187
52, 675
55, 705
176, 619
15, 845
47, 788
51, 853
158,708
39, 619
54, 287
53, 801
122, 017
25, 885
54, 031
58, 597
133,869
23,554
46,277
47, 777
117, 894
149
139
111
161
149
114
124
143
123
178
149
120
75,286
141, 359
76,918
176, 399
69, 736
85, 716
70,909
88,809
60,946
125, 462
58, 376
75,999
9,679
17, 469
9,424
12, 461
5,522
2,668
3,929
2,580
8,154
9,385
69
73
156, 182
1,613
55
62
152, 173
1,835
67
69
155, 700
1,300
50
56
23
26
1,193
2,357
167
3,189
216
2,677
249
2,653
2,275
4,909
14,425
21,000
1,665
10,236
5,200
12, 615
8,725
132, 332
135, 127
21, 563
122, 486
46, 973
136,983
140, 165
118,414
137, 140
12, 675
139, 688
136, 498
14, 602
125, 999
12, 669
Exports
Grand total, including
reexports
_.
thous. of dolls..
By grand divisions:
Europe—
Total
thous. of dolls..
France
thous of dolls
Germany
thous. of dolls
Italy..
thous. of dolls..
United Kingdom
..thous. of dolls..
North AmericaTotal
thous. of dolls
Canada
thous. of dolls..
South AmericaTotal
thous. of dolls..
Argentina
thous. of dolls
Asia and OceaniaTotal
thous of dolls
Japan
thous of dolls
Africa total
thous of dolls
Total, domestic exports only. ..thous. of dolls..
By classes of commodities:
Crude materials
..thous. of dolls..
Foodstuffs, crude, and
food animals
thous. of dolls
Manufactured foodstuffs. ..thous. of dolls..
Semimanufactures
thous of dolls
Finished manufactures
thous. of dolls..
Agricultural exports (quantities):
All commodities
index number
All commodities except
cotton
index number
-4.8
817, 119
750, 196
-8.2
61, 430
71,164
+1.7 +15.4
+3.6 +24.8
119,806
147, 163
140,645
174,525
+17.4
+18.6
10,525
3,581
4,777
3,798
-28.8 -17.8
-3.3 -32.1
15, 302
7,379
9,451
5,248
-38.2
-28.9
30
37
102, 686
1,069
-25.4 +66.7
-18.8 +51.4
58
64
1,652
28
27
101, 132
1,364
-8.2
+11.6
2,433
2,493
+2.5
188
4,868
219
4,923
285
2,659
189
-0.9
-24.5
-0.2
-0.5
7,582
474
5,330
437
-29.7
-7.8
105, 000
1,861
2,310
5,839
2,388
35, 261
4,000
5,484
35,460
39,406
2,601
36, 175
-85.2
-73. 5
+166.5
-28 5
-93.6
43,406
8,085
71, 635
135, 663
135, 505
112, 342
111, 718
21, 954
115, 844
28,868
121, 605
122,234
20,989
104, 654
8,935
115, 809
116, 780
20, 114
103, 857
11, 048
-2.9
-0.7
-7.5
+2.4
+6.4
+17.1
+16.0
-32.9
237, 414
239, 014
275,351
272,003
+16.0
+13.8
208, 511
19, 983
254, 964
26, 147
+22.3
+30.8
353,000
-11.1
CANADIAN TRADE AND INDUSTRY
Total trade:
Imports
thous. of dolls..
Exports .
.
thous. of dolls .
Exports of key commodities (quantities) :
Canned salmon
.
thous. of pounds..
Cheese
thous. of pounds..
Production:
Pig iron ..
thous. of long tons..
• Steel ingots
thous. of long tons.
Coke
short tons
Bank clearings.
mills, of dolls..
Business failures:
Liabilities
thous. of dolls
Firms
__ .. number
Bond issues:
Govt. and provincial
thous. of dolls..
Municipal
thous. of dolls ._
Corporation
thous. of dolls..
Newsprint paper:
Production
.short tons..
Shipments
short tons _
Stocks
short tons
Exports (total printing)
short tons
Building contracts awarded
thous. of dolls..
13,500
128, 965
13, 478
o
+24.2
+22.0
117 +101. 7
125 +95.3
110,200 +153.9
14, 476 +79.0
11,035 -84.6
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