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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON

., , •

SURVEY OF
CURRENT BUSINESS
• AUGUST, 1925
No. 48

SEMIANNUAL NUMBER

; ; • ' / • /y : - '''• •/ / ; ',/, COMPILED BY ,

• /',,• ;; „ < "

BPREAU OF THE CENSUS
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
BUREAU OF STANDARDS
IMPORTANT NOTICE
In addition to figures^guven from Government sources, ttiere, are also incorporated for completeness of
service figures jrom cHher sources generally accepted" by the trades, the authority and responsibility ,
for which are noted^in the "Sources af Data"* on pages 152-^5 ,qf this issue

?

Subscription price of the StfRVEX OF CURRENT BUSINESS is $1.50'a year; single copies (monthly),,10cents; semiannual
issues, 25 cents. Foreigri suSs"c4ptions, $2.25; single copies (monthly issues), including postage, |4 cents ^semiannual
issues, 36 cents.1 Subscription price of COMMERCE REPORTS is $4 a year; with thes SURREY, $5.50 a year. Make
remittances only to Superintendent of ppcuments, Wa^hington^ D. C:, by postal m6ney order, express order, or
^
A .York draft. Currency at sender's risk. Postage stamps or foreign money not accepted




WASHINGTON : OOVERNMENT PRINTING OFFICE : 1925 '

INTRODUCTION
The SimvEY OF CURRENT BUSINESS is designed to
present each month a picture of the business situation
uy setting forth the principal facts regarding the various lines of trade and industry. At semiannual intervals detailed tables are published giving, for each item,
monthly figures for the past twb years and yearly comparisons, where available, back to 1913; also blank
tines* sufficient for six months have been left at the
bottom of each table enabling those who pare to do
so to enter new figures as soon as they appear, as in
the present semiannual issue. In the intervening
months the more important comparisons only are
given in the table entitled " Trend of business movements."
ADVANCE SHEETS

Realizing that burrent statistic^ are highly perishable and that to be of use they must reach the business
m&n at the earliest possible moment, the department
has arranged to Distribute advance leaflets every week,
to subscribers in the tlnited States. The leaflets
are usually mailed on Tuesdays, and give such information as has been received during the preceding
week. The information Contained in :these leaflets is
also reprinted iin " Commerce Report^," issued weekly
by the Bureau of foreign and Domestic Commerce.
Jlie ^monthly bulletin is distributed as quickly as it
can be completed and printed.
i ' \. ; .'S
<v< ' . ,'
M-i t
,

•> ',

>>r

>,

> ", , , V

\

': '

BASIC DATA
' •
,,
"

'

•

•

'

-

ber will be greater than IQOj sind vice Versa. Thft differ* ',
ence berween 100 and the relative number \nll give at
once the per cent increase or decrease compared with
the base period. Thus a relative number of 115 means
an increase of 15 per cent over the base period, while a
relative number of 80 means a decrease of 20 per cent
from the base.
Relative numbers may also be used to calculate the
approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative
number at one jnohth is 120 and for ajater month it
is 144 there has been an increase of 20 per cent.
Most of the relative numbers appear in a special
section ,of the semiannual issues, as hi Tables 103 to
123 of the present number, thus allowing teaBy comparjson on a pre-war ba^e for,;all items for which such
relatives could be computed.
,
INDEX NUMBERS

When two or more series of relative i^umbers are
combined by a system of weighting, the resulting
series is denominated an ind^x numbed Tlte index
number, by combining many relatiye numbers, is
designed to sholv the trend of an entire group of industries or for the country as a whole, instead o| for
the single commodity or industry whidft the relative
number covers. Comparisons with the base year or,
with other periods are made in the same manner as in
the case of relative numbers.
.

(

The figures reported in the accompanying tables are
very largely those already in existence: The chief
function of the department i$ to bring together these
data whieh, if available at ajl,. are scattered in hun,di*eds of diflerept publications. A portion of these
data are collected by GrOyertiment departments, other
figiares are compiled by technical journals, and still
others are Reported by trade associations. , The
source^ for each/ item, are,given in (tke detailed tables
contained in the semiannual issues and these issues
ajso cont&in a complete list of sources.

. - ' ' • ' ' • • • . [ , /RELATIVE NUMBERS;. ,

',' ;,

To facilitate comparison between different items and
render th^e trejad of a movement more apparent, relativei numbers (often called "index numbers/' a term
referring more particularly to a special kind of Dumber
described below) have, been calculated. The relative
numbers enable: the reader to see "at a glance the
general upward of downward tendency of a movement which can not so easily be.gtasped from the
\ actual figures. ", • ; '" V ' - . • • " ' '.-',.••' / " " ' . y
In computing these relative numbers the last prewar year, 1913, or in some instances a five-year average, 1909^1913, has been" used as a base equal to, 100
, wherever possible. The relative numbers are conifclputed by atiowtog the monthly average for the base
ye&r or period to equal 100. If the movement for a current month is greater than the base, the relative num-

RATIO CHARTS

In mapy^instancesvthe cjiarts iised in the SUBVET
OF CUBBENT.BtTisiNteisk
are of the type termed "'Ratio
Charts7' (logarithmic scale), notably the Business
Indicator charts on page 2. These charts show the
percentage increase and $,llow direct comparisons between the slope of one ctirye and tha^t pf any other
curve regardless of its location on the diagram; that
i,s, a 10 per cent inci'ease in an item is given the same
vertical movement \vheth$r its curve is near the bottom or near the top of tHe chart.
The:difference Between this and the Ordinary form
of a chart can be made clear by: &n example. Jf a
certain item, having; a;' Dative nuinber^ of ;400; in one
month, increases 10, per cent in the following month,
its relative number will be 4^0, and On all ordinary
chart Would be plotted ,40 equidistant scale points
higher than the preceding month; Another movemei^t with a relative Dumber of f say, 50, also increases
10 per dent, making ita rejatiye 4tiniber 55. On the
/ordinary (arithmetic) scale this item would rise only 5
equidistant points, whereas the previous item rose 40
points, yet each showed the ^ame percentage increase.
The ratio charts avoid this difi&cufty and give to each
of the two movements exactly the same Vertical risei,
and hence the slopes, of the two lines are directly
comparable. The ratio charts compare percentage
changes, while the arithmetic charts compare absolute
changes.
,
:
/ , /

presents practically complete data for the rnonth of June, And also items covering July, 1925* received up
>
This
ing a particular month's business are not available until from 1$ to $ft days after the
.'to Au&ust 15* As most data covering
close of the month, a complete picture of tftat month's operations, including relative numbers, cumulative totals, text,
and charts, can not be presented in printed form under 45 days after its close, but the advance leaflets described above give
-considerable information as early as 1$, days after its close, and present almost every; week the latest data available.



UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
COMPILED BY

BUREAU OF THE CENSUS

1925

AUGUST

No. 48

CONTENTS
TEXT MATEEIAL

DETAILED TABLES

Page
1

Page

General indexes of business activity (Tables 1 to 5)
Textiles (Tables 6 to 11)
Metals and fuels (Tables 12 to 24)
>
Rubber, leather, and paper (Tables 25 to" 33)
Building construction (Tables 3 4 t o 4 4 ) _ _ _
Chemicals and explosives (Tables 45 to 49)
Foodstuffs and tobacco (Tables 50 to 62)
.
Transportation and labor (Tables 63 to 76)
Distribution, banking, and finance (Tables 77 to 95)
Foreign exchange and trade (Tables 96 to 102)

Preliminary summary for July
!-.
Course of business in June:
General conditions
^
---9
Summary of indexes of business
10
Review, principal branches, industry and commerce.- 12
Pages to save in early issues
25
GENERAL CHARTS

Business indicators
!___
2
Wholesale prices in July
4
Graphic summary of industry and commerce, 1924 and
1925.
6
Production, stocks, and unfilled orders
10
Wholesale prices of raw materials, producers' goods," and
consumers' goods
11
General index of employment in manufacturing industries - 12

29
34
40
53
62
73
78
91
105
124

RELATIVE NUMBERS (1913 = 100)

Textiles, metals, and fuels (Tables 103 to 108)
Rubber, leather/paper, and lumber (Tables 109 and 110)_
Foodstuffs, chemicals, and building materials (Tables 111
to 115)_
Tobacco, transportation, and automobiles (Tables 116 and
117)__'_
Finance and foreign trade (Tables 118 to 123)

GENERAL TEXT TABLES

Business indicators
3
Wholesale price comparisons
5
Statistical summary of commerce and industry: 1921-1925- 7
Business summary
9
Indexes of business (production, prices, sales, etc.)
22
Wool and sugar, early monthly data
27

131
137
139

144
146

INDEXES
Sources of data
General index

152
.__ 156

PRELIMINARY SUMMARY FOR JULY
Production of both pig iron and steel ingots in July
was smaller than in June but considerably larger than
in July, 1924. However, at the end of July, more iron
furnaces were in blast than at the end of either the
previous month or a year ago. Unfilled steel orders
continued the decline which set in in March, but were
larger than the forward business of July 31, 1924.
Shipments of locomotives were smaller than in either
June or a year ago, while unfilled orders at the end of
July still declined. Deliveries of raw silk to mills
were larger than in either the preceding month or a
year ago, while mill stocks declined from both periods.
Zinc production was larger than in either June or a
year ago, the increase over the previous month being
made despite a smaller number of retorts in operation.
Stocks of zinuc on July 31 were smaller than the holdings at the end of June and a year ago. Deliveries of
tin to consuming establishments were larger than in
either previous period.
54240°—25f




1

Building contracts, though larger in floor space,
were smaller in value than the June awards but were
considerably above theSettings of a year ago. Carloadings were considerably larger than in July, 1924r
all types of merchandise, except grain and livestock,
sharing in. the general increase over a year ago. Bank
clearings for the country outside of New York were considerably larger than in the previous month and a year
ago, while for New York City July clearings were
larger only than those of the previous year.
Sales of 10-cent chain and mail-order houses, though
smaller than in June, were larger than a year ago.
Prices of stocks, both industrial and railroad, continued to average higher, while bond prices exhibited a,
weakening tendency, and interest rates showed a,
higher trend. Loans and discounts of Federal reserve
member banks continued to increase in July, while
fewer business failures were recorded than in the
previous month, despite an increase over July, 1924,
in both number and liabilities.
(1 )

BUSINESS

1920-1925

[Ratio charts. See explanation on inside front cover. Except for " net freight ton-miles," latest month plotted is June, 1925; May is latest plotted for
** net freight ton-miles," while the curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production
for variations in working days.]

I9201 1921' I9221 1923' 1924 1325
300

RELATIVE TO I9J3 AS 100

19201 r92i ! 1922' 1923 ' 1924'
RELATIVE TO 1919 AS 100

aoo
100
80

200




BANK DEBITS, 141 CENTERS

1925
300
200

100

PRICES 25 INDUSTRIAL STOCKS

80

INTEREST RATES, COMMERCIAL PAPER

200

***x
^....; .*v

WHOLI •SALE TF IADE, 6 LINES

\ /Wrf^

WHOLESALE PRICES (DEPT.OFLABO

.A^J^^ ,

^V

J***^*

DEPT. STORE TRADE (359 STORES)

KX>

80
60
40

300
200

MAIL-ORDER SALES
(.4 HOUSES ) A. I
FARM PRICES ID.HM OF AGRICULTURE)

80

COTTON CONSUMPTION

GENERAL MAN UFADTURING PRODUCTION*] 60
(64 COM MODI TIES)"

LUMBER PRODUCTION
[5 SPECIES)

AUTOMOBILE PRODUCTION
(PASSENGER CARSANDTRUCKS?

FACTORY

EMPLOYMENT

NET FREIGHT TON-MILES

BUSINESS FAILURE
DEFAULTED LIABILITIES

CONTRACTS
(27 STATES)
20

fbe folftmBiptsMe gi^-ea comparative^ relative mnafeners for1 a selected list' of tefjOTtaist business-movements.- It in believed
that this table will prove useful, because it separates out from the large mass of material a comparatively' email number of items
which are of tea regarded as indicative of business in geaecaU
The table has been, divided into two parts, the first containingithose items for which relative numbers can be calculated, using
1913 as a base* The second parfceontains items for whiekcomparable data.baefcto 1913 are^n@t.ayftil&ble. This latter group oi
rela^i^&e^nam^er&is.ealGulaAed by letting the I&19 monthly aarenag£ equal 100. Care should
therefore be exercisedTn compar&ig the
absolute value of the two sets of datu. In either group,, toweyez, the upward or downward?1rend'of the relative numbers, compared
to pi^viousraealh«^d0e^Befiee&tfo# present tendency m eaefe iienxaad wilt giwa-basis for* busmesa judgment.
Where availalsltr at the time of going to press, August 13, Jufy Indicators have been included, thus bringing this table up
to date. It should be noted that the charts on page 2 show June data as the latest plotted; except for freight ton-miles,
whibh shows Iffir-

mi

HDNTHLY AVERAGE
:,

1925.

C&SSXSSTT'

i»2i

IMfc-

U8^

1823

1924 May- Jane

laly

Axtgi. geptt -Qefc~ N=ov, •Deft. -fen*

T*eh. MfiT, Apr.

May

June

JulF

m*nurathlyaverage=loe
Production?
12ft
125:
W
108
68
119

64
64
88,
1QT
9T
87

87
114
80
131
58
85

130
144
120
153
104
118

HOI
122
128
164
99
101

• «^
V&
10t
119
113

312
189
8t
U&
117

849
224
lOfl
1%
130

407
295
H£ .
13^ 160 .

434
tsr * W
4fT !
^ ^ 2W 1 998
288^
285
298
7539 .- 89.
7^
74m- r MS- 116 132 125
112
151
153
154
151

Pig irou.
M
Steel lngotfl*«««— «~
n nrvTMir

Cement (shipments).
Anthracite coal
Bituminous coal
Electric energy
Crude petroleum
Cotton/oftnsiiTPpiiOD}
«W* ,,^ -^u^,^.
Pnrtr,
, .,,.„

UfaflUed order* r
170
U. 8. Steel Corp
gtoeka:
12T
Crude petroleum
155
Cotton
(toUl) _
1
Pttee*:
Who?f#fti« indfiT ..u^u L 228.
Ttetfttt

ftWtf^

,a u^u,™.^

90

wI

102
105
127
197
102
81

70
74
126
225
102 „..
84. :

79
82
124
203
101
79

74.
101.
130
228
93,

90

98
124
133
139
89
106

116
141
131
74
97
116

139
166
145
139
93
94

127
142
137
195
98
85=

114
137
136
226
107
89

427
897
289
288
94, ' U4,
146- i«7103
118

462 ,
272
106.
MO152

532 480 457
506
261 2§r
27^ • 28?
114 . 127 118 . 125
105 129
134 - Mft
199 152 115
191

450
297'
128131
109

426
329
132
116

106
127
136

132
166
144
69.
97=
130

126
149

m

81
94
98

68

82

85

89

82

75

69

63^

350
84

348
161

346
193

338
193

335
172?

337
150

337
126

340'
103

344
80

<rl

106
144
159
139

140
147.
164
132

152.140,
169
138

1W
H0^
171
137

15£
152.
171
139

160
K4
170
146"

16L
151
172
146

161
151
169
151

156
151
161
147

155
152
159

68

, 61

55

54

56

59.

287
125

338
112

334
74

839
59

343
45

849
44

154,

14Z

190
135

150
146
189
134

163
129

14*
142;
163
130

MT
143,
165
132

l

152
198

234
163

; 203
207
205

141
153
1-97
116L

14SL
142.
188
124

108
284
67

229
136
64

228
169
75

197
185
72

198
198
81

160
183
75

149
187
78

161
195
82

212205
86

150
201
85

158
202
64

198
136
231
213
92 ; 95

238
233
96

176
238
98

149
235
95

m
m. ,

205
212
118

230
230
80

226
276
90

264
284
71

263
277
77

253
266

2W s
28^: 64

25*
265.

245
277
57

274
314
57

284
290
59

325
317
64

339
322
66

267
273
66

m

284
140
831 r 181
264
188

177
154
204

212
168
259

201
185
284

203
161

243;

183
148
239

185
134
W6

170
lfl&
211

192
207

27ft

208
25&
364

198
238
361

224 232
214 218
411 . 808

137

115

139

131

124

117

121

133

143

158

139

128

Retail coal, bitmn
Farm products
Bbsiitess finaBtees:
Defaulted liabilities..
Price 26 ind. stocks...
Price 25 B. R. stocks.
Banking:
Clearings, N.Y. City.
Clearings, ouiMSfe... i
Com'l paper int. rate.
Distribution:
Imports (yalue) ......
Exports (value)....-.
Sales, mail-order
Transportation:
Freight, net ton-miles.

134

105

in

n

114:

W

102

m

104 ' 104
127 122.
137
237
102
93

97
80
124
112
124
134
228 .,231
101
KW
106
121

59:

6(T

m

157
155
158147

148

163
233
92

162T
245
96

161
248
96

151
25697

309
71

290
308
72

3t^
297
79-

30&
317'
70

297
32S
71

223
179
299

2S8
2ltt
318

233
193
322

21$
179i
262

135

123

129

123

136

110
100

121
91;

122
83

136
138

14$
157

1^

60
70

8&

55
94

49
90

218:

157
271

248

H8

t48.
143;

14§i

4J,
8S

31.
81

26
06,

1019 monthly a verage=l§0
Production:
102
Lumber9
72
Bldg. contracts.Stocks:
6ft
Beef.
^~—
Oft
Pork
BusfncM finances:
Bond prices (40 Issues) . 8C
Banking:
Debits outside N.Y.
City
114
Federal Rewrve—
miirttomtote^ ia
Total reserves
97
8ff
B»ttou...L..

:

86
69

117
102

133
106

129
£08

141
124

130
103

119
88

139
W

135
93

140
102

42

83

29
70

32
91

34
88

28
111

25
HI

2fc i . an
lot 4 K

20
61

28
44

87

107

91

95

91
122
122

1

126
105
42*
46

m

«J4

108 *

10*

106

110

im

109

110

110

* iio

*' 110,

94

III

Hf

IW

1M

10?

108

106

104

106

101

m

119

107

124

127

106

121

U7

ii«

124r

13
144
£80

12
143
157?

11
143
K4

16 k 14
22
139 141 138
14$ ' »5i r Kl

m

28 , 8fe
144
146
154
15*

1* ! 2& •
146
147
190

' m

18'149
16*

- m: m
149
16*

146
K4

11

154

ns

2l« * 3» : 2& . 24
137
iafr -A 135 i 134=
154
153 154
153

i Wnoletale and rttail price* from Department of Labor averaged for the mont% ffcan*p*feeiWfrom Department of Agriculture
• 2 BS^d on *b»total «Miput«d production reported by 5 associations. Includes southern ptae, Douglas flr, western pine. North Carolina pine, and California white
Eoard f U e o r t
associations in 1919 was equal to 11.401,000,000 board feSt. compSld with a total iSmber production Si




WHOLESALE PRICES IN JULY
(Bars denote percentages of Increase In the wholesale prices of specified commodities as compared with the same month of 1924 and 1923. Because of
their availability at the time of going to press it has been possible for the first time to show current price data in this chart, while on the opposite
page the July prices, from which the chart was drawn, are given.]
COMPARISON WITH
COMPARISON WITH SAME MONTH
PREVIOUS MONTH
1924
DECREASE INCREASE
DECREASE
INCREASE
y IP Q 10 20 CO 40 30 20 JO 0
10 20 30 40 50 60

MMODITIES

COMPARISON WITH SAME MONTH
1923
DECREASE
INCREASE
70 60SO 40 30 20 IQ 0
10 20 30 40 SO 60

70

SO

_FARM PRODUCTS. AVERAGE PRICE TO PRODUCER
WHEAT
CORN
POTATOESCOTTON
COTTONSEED —
CATTLE,BEEFHOGS
LAMBS
WHEAT. SPRING
WHEAT. WINTER
CORN, NO,2OATS
BARLEY
BYE,N0,2
-

•

.-~.~.
-

TOBACCO, BURLEY—•
COTTON
WOOL ^ GREASE (BOSTON) —•
CATTLE. STEERS--HOGS, HEAVY-SHEEP, EWES
~
6HEEP. LAMBS

—
••-

FLOUR, SPRING—'—FLOUR. WINTER
SUGAR. RAW
'SUGAR, GRANULATED

-

COTTONSEED OIL
BEEF, CARCASS
BEEF, STEER ROUNDS
HAMS, SMOKED (CHICAGO) —
COTTON YARN-—-COTTON PRINT CLOTH-COTTON, SHEETING
WORSTED YARN
WOMEN'S DRESS GOODS SUITINGS—
SILK, RAW
HIDES, PACKER'SHIDES, CALFSKINS
•
•
LEATHER, CHROME ( BOSTON )-LEATHER, SOLE , OAK
BOOTS AND SHOES ( BOSTON )—
BOOTS AND SHOES (ST. LOUIS.)COAL, BITUMINDUS COAL. ANTHRACITE COKE--PETROLEUM•
PIG IRON, FOUNDRY
PIG IRON, BASIC
STEEL BILLETS, BESSEMER""
COPPER

—

-

LEADTIN
ZINC

•

-

LUMBER, PINE. SOUTHERN
LUMBER, DOUGLAS FtR

-

BRICK, COMMON (NEW YORK)
CEMENT r•
STEEL BEAMS
RUBBER, CRUDE—
SULPHURIC ACID--




•

20

10

Q

10

20

DECREASE INCREASE

50 40

30

20

10

Q

10

20

DECREASE

30

40

50

60

INCREASE
* NO CHANGE

70

80

90 100

20

10

DECREASE

Q

10

20

30

40

50

INCREASE

60

70 80

WHOLESALE PRICE COMPARISONS—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS
NOTB.—-Prices to producer on farm products and market price of wool are from U. 8. Department of Agriculture, Bureau of Agricultural ^Economics: nonterrous metals
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent
prices to producer or at mill. See diagram on page 4.
Because of their availability at the time of going to press, August 13, the July price data ha?e here been included, thus bringing this table up to date.
FSB CENT
INCREASE (+)
OR DECREASE (-)

ACTUAL PRICE

(dollars)
Unit

COMMODITIES

July,

RELATIVE PRICE

(1913 average=100)

July,
1925

July,
1924

from
June,
1925

July,
1925
from
July,
1924

June,
1925

July,
1925

July,
1924

L403
1.044
1. 255
.234
36.41
.0655
.1202
.1171

1. 058
.983
1.090
.273
39.07
.0565
.0660
.1050

-8.1
59
•f 48. 7
+1.7
-0.2
+1.4
+11. 1
+0.8

+32.6
+6.2
+15.1
14 3
-6.8
+15.9
+82.1
+11.5

193
180
141
192
167
109
144
190

177
169
210
195
167
111
160
192

134
159
183
228
179
96
88
172

10.500
12.730
5. 625
14. 875

1.591
1.589
1.065
.475
.883
.979
25.00
.248
.52
11.563
13.794
6. 813
14. 656

1. 397 ~
1.253
1.055
.563
.829
.861
24.50
.317
.44
9,563
8.188
4.844
13. 750

-1.7
12 5
-3.1
59
02
-10.1
0.0
+2.5
+4.0
+10.1
+8.6
+21.1
-1.5

+13.9
+26.8
+0.9
15 6
+6.5
+13.7
+2.0
-21.8
+18.2
+20.9
+68.5
+40.6
+6.6

177
184
176
135
142
171
189
189
200
123
152
120
191

174
161
170
126
141
154
184
194
208
136
165
145
188

153
127
169
150
133
135
186
248
176
112
98
103
176

8.530
Barrel
... Barrel
7.506
Pound.^... .044
Pound
.055
Pound..... .107
Pound.. .1. .175
Pound... -.
Pound
.263

8. 650
6.950
.043
.053
.114
.178
.192
.293

7.490
5.831
.051
.066
.121
.165
.170
.204

+1.4

+15.5
+19.2
-15.7
-19.7
58
+7,9
+12. 9
+43.6

186
195
126
128
148
135
132
158

189
181
122
123
158
138
147
176

163
152
145
154
167
127
130
123

• -11.9
_4>4

0.0
0.0
-0.8
+12.9
+9.0
0.0
—4.2
0.0
0.0-

-11.1
+9.7
0.0
0.0
+17.3
+26.7
+21.1
+7.0
+8.2
+2.4
+6.2

163
183
158
225
184
233
175
80
106
171
107
206
163

168
188
156
219
184
233
174
90
115
171
103
206
163

190
197*
175
200
184
233
148
71
95
160
95
201
153

June,
1925

1925

FARM PRODUCTS— AVERAGE PRICE TO PRODUCERS
Wheat-..--*—-*——
Corn
.
. .
Potatoes
Cotton
.
._
Cottonseed
Cattle, beef.
—
Hogs
Lambs
.,'...

-

-

.

—
...

.
.

•.

.. Bushel
1.527
Bushel ... 1.110
.844
Bushel —
.£ ..... Pound!
.230
.. Ton ...... 36. 48
Pound
.€646
.1082
Pound
. 1162
.... Pound

FARM PRODUCTS— MARKET PRICE
Wheat, No. 1, northern, spring (Chicago)
Wheat, No 2, red, winter (Chicago)
.
....
Corn, contract grades, No. 2, cash (Chicago)..
.1...
Oats, contract grades, cash (Chicago)
^ .... .
.
Barley fair to good malting (Chicago)
Rye, No 2, 'cash (Chicago)
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
Wool, & blood combing, <~>Wo and *?enpsyJvania fleeces (Boston)
Cattle,' steers, good to choice, corn fed (Chicago)
. _"
I..
Sheep, ewes (Chicago)
Sheep, lambs (Chicago)..

. .

. .

.. ...
.

.Bushel
1.618
1.815
. . Bushel
... Bushel
1.099
.. Bushel.—. .505
Bushel
Bushel
25! 60
Cwt
Pound
.242
Ponnd
.5fr

Cwt
Cwt
Cwt

..

Cwt ..

FOOD
Flour, standard patents (Minneapolis)
....._..._..._... .
Flour^ winter straights (Kansas City)
Sugar, 96° centrifugal (New York) ..Sugar, granulated, in barrels (New York)....
.
.
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
._ . ._
Beef, fresh steer rounds No. 2 (Chicago) ........
Pork, smoked hams (Chicago)
;
..
... ..

.m

-r7.-4

23
-3.6
+6.5
+1.7
+11.0
+11.4

CLOTHING
Cotton yarns, carded white, northern, mulespun, 22-1 cones (Boston)
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown 4/4 Ware Shoals L. L. (New York)
Worsted yarns, 2/32*s crossbred stock, white, m skein (Boston)
Women's dress goods, storm serge, all-wool, dbl. warp, 60 in, (N. Y.) ,__._.
Suitings, wool, dyed blue, 55-56 inches, 16-ounee Middlesex (N. Y.)_
Silk, raw Japanese, Kansas No. 1 (New York)
,
_. _
Hides, green salted, packer's heavy native steers (Chicago). *
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago).
Leather, chrome calf, dull or bright "B" grades (Boston)
Leather, sole, oak, scoured backs, heavy (Boston)
_ Boots and shoes, men's black calf, biucher (Massachusetts)...—..
Boots and shoes, men's dress welt tan calf (St* Louis)....
•.-;.----

Pound
Yard
,.
Yard
Pound
Yard
Yard.......
Pound
Pound
Pound.. ..
Square foot.
Pound. ...i
Pair
Pair. . ....

.415
.065
.096
1.700
1.035
3. WO
6.321
^147 -.
.166
.200
. 218,
.460
.460
,460
,480
6.40
6.40
6. 15
- 5. 15
.403
.063
..097
1.750
1. 035

&m

.471
.068
.108
l: 550
1.035
3.600
5.390
.131
.180
.430
.425 6.25
4.85

+3.0
+3.2
-}.0

--2:9

FUEL
Coal, bituminous, mine-run lump^JKanawha (Cincinnati)...
Coal, anthracite, chestnut (New York tidewater)
', _.
Coke, Connellsville (range of prompt and future) furnace— at ovens .
Petroleum, crude, Kansas-Oklahoma—at wells

Short ton- . 3^9
Long ton... 10.96
Short ton.. 2. 90
Barrel
1.800

3.39
11.07
2.91
1.800

3.39
11.28
2.96
1.550

0,0
+1.0
+0. 8
0.0

0.0
-1.9
—1.7
+16.1

154
206
119
193

154
208
119
193

154
212
121
166

Long ton
Long tonLong ton...
Pound
Pound.....
Pound.....
Pound.. .^.

20.06
18.05
35. 00
.134
.083
• .549
.0699

20.26
18.00
35.00
.139
.0815
.567
.0721

20.76
19.00
38.00
.124
.0712
.458
.0590

+1.0
03
0.0
+3.7
-1.8
+3.3
+3.1

-2.4
^5.3
7 9
+12. 1
+14. 5
+23.8
+22.2

125
123
136
88
190
124
127

127
122
136
91
187
12&
131

130
129
147
81
163
103
107

44.14
16.50
15. 50

44.66
16,50
15. 50

38. 51
16.50
16.-00

+1.2
0.0
0.0

+16.0
0.0
-3. 1

192
179
236

194
179
236

167
179
244

0.0
0.0
+33,3
0.0

0.0
-9.1
+385.3
0.0

173
132
77
70

173
132
102
70

173
146
21
70

METALS
Pig iron,! oundry No. 2, northern (Pittsburgh).
Pigriron, basic, valley furnace
.
.... ...
Steel, billets Bessemer (Pittsburgh),
Lead, pig, delivered, for early delivery (New York)
Tin, pig, for early delivery (New York).
Zinc, slab, western (St. Louis)

.....

.

BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (HattiesburgdlstFiet* . ..
......
..... ....
Mfeet....Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington)
...Mfeet.....
BHrir,^rnnj^T^dtmT^stlc frnttdttxg (New York)
Thousand..
Cement, Portland, net without bags to trade, f. o. b., plant (Chicago
district)
..
.
Barrel
.
Steel beams, mill (Pittsburgh)
Cwt
Bubber> Para Island, fiae (New York)....
.....^
Pound
.
Sulphuric acid, 66° (New York) ........ . ^....^. ..
Owt .




1.75
2.00
.619
.70

1.75
2.00
.825
.70

1.75
2.20
.170
.70

GRAPHIC SUMMARY OP COMMERCE AN& INDUSTRY, BY
[Bars denote percentages ef increase er decrease from the
period showed no ehaagfi iron* ttteeorrcspoadittg

r 1924 AND 1925

„ periods of m*ami m*. Where are asterisk (*) appears, the moTcm«n* for that
of a year eatiier. Increases are shown ia black and decreases in cross-bateUtng.j

f925

f9Z4

|

1ST QUARTER
THE YEAR
fe
fST QUARTER
20 QUARTER
20 QUARTER
DECREASE
INCREASE
DECREASE. INCREASE) DECREASE
INCREASE
DECREASE
INCREASE
DECREASE INCREASE
7 5 50 55 Q 25 60175 5Q 25 Q 2& 50 75 50 25 0 25 50 75 50 25 0 25 50 75 75 50 25 0 25 50
GENERAL 1NWXES OF BUSIN ESS ACTIVITY
: .

111 Ht

!

j

.
M ANiUJ=ACTU RINQ OUTPUT-

-

B

•
1 BANK DEBITS OUT-SIDE H; Y CITfc-

•-

:CC4STOF LIVING'—

I

—

.

"

-.

m

^

*

-'
i

,

^^

,^

:

, ^-u-«- —

.

mm

,

**

c
TOWER

'

r

an

m

^

ft

i»>

.

E" ^

TDCHLia /Mto LEATHER PRO0UGTO*

j COTTON (CONSUMPTION;)

^^
g^g

B

^

i EGG- (RECEIPTS-)
< SUGAR (-ME&TINGSa-— '

i

---

Bsasns
""

'

:

:•-•:-i
. -• • - • . - - g

^

BBB
I

—

FOODSTUFFS' FROOUCTrOir
P:

B

*

; BOOTS ANO SHOES'

I; '

m

•
i.
i , .

K

^--

i* .

!

WM%64f&!t

a

•

a
i

B

i i
FUEL AND POWER PRODUCTION

- i
t^^

1 ANTHRACITE GOAL-

••***

•<

1

ELECTRIC

a
a

I

-v- METAL PRODUCTION-

0

JT1N CCON5UMPTJON)
T

H

i
i

I.

'

PIG IRON

-

1

\

a

i"

B

&
i
i

1
I

BUILDING AND MATERIALS PRODUCTION
i BUILDING CONTRACTS C36 STATES)
j LUTODCR 1Q. SPEuUES*
ENAM EL BATHS ( SH 1 P*t£ NTS )

I

1
Jr

t

I ,

t

\

1

,

1

i

.

F

I

i

»

TRANSPORT ATION Al«) EQUIPMENT
PASSENGER AUTOMOBILES
i AUTOMOBILE TRUCKS
'
! LOCOMOTIVES (SHIPMENTS*
i FREIGHT CAfiS (SHIPMENTS}
1 PASSENGER CARS (SHIPMENTS!

, BH
'

••

. . .

j WHOLESALE (& LINES)-—*
. DEPARTMENT STORES

'

r

1
i

I .

MAILORDER HOUSES*-

E

•

g^^

TRADE (VALUES)!

i

^n
•"

L

^

t

t

'F

r,

l

"

'

4-'

BAMKiNG

1

-: FEDERAL RESERVE flttHO

EARNING ASSETS (F R: BANKS)-LOANS. DISCOUNTS (MEMBERS)- INVESTMENTS (F R: MEMBERS)--i COMMERCIAL INTEREST RATES- -

i
•

PRICES. 25 RAILROAflt STOCKS- -

*° 8D'
1 COR O

:O

INDUSTRIAL DIVIDENDS
1 RA4U1OAD DIVIDENDS

•

L

MM

STOOKSi BOPIDS AND OORPORATEFWANCE

GAIL LOAN INTEREST: RATES - - - PRICES 25 INDUSTRIAL STOCKS^
}
4

&%%%?.

^^

•
I

Jn
E

--...-

i
t

1
•

f

- ;

HI '

i

1

e
i

1
HKKb
K

i,

t

..

FOf^EDQfel TRADE AND EXCHANGE
j EFFORTS; FRCFM U S — • • —
OEJCERAL EXCHANGE INDEX
i EXCHANGE Qt± LONDON

i




•' I
1
I:

K

"

.'•.

!

75 60 & 0
DECREASE

P

1

25 6®t7ir 5& 25 Q 25^ SOp^; 50 26T 0 25 5$ 7&*p& ^01 25t

2& 00

INCREASE ^ D E C R E A S E

YEAR

|

^
i E

INCREASE 1 DECREASE ,.

- 1ST QUARTER : 1

INCREASE 1

20 QUARTER

1

DECfi£AS&

INCflEASE

1ST QUARTER

L

1

QECBEASJE,

•. ,.
ft 21* 60
IHCBEASE.

2D QUARTER

CCMMIRCE INB
The following taBle contains a review of production
mid distribution by principal industries and branches
of commerce for the six months7 period, January to
June, inclusive, with comparisons since 1921. On
the preceding page are given graphically the more
important movements in business and industry dur-

ing the first two quarters of 1925 with comparisons
for the same periods of 1924, while on the next page
is given a table of commodity stocks, as well as of
unfilled orders, as of June 30, 1925, with similar
data for earlier periods.

VOLUME OF PRODUCTION AND DISTRIBUTION IN 1925, JANUARY-JUNE
t 1921

CTEM

1*23

1323

1934

1925

FOODSTUFFS

mi

ITEM

1922

1923

1924

182*

BUILDING AND BUILDING MATERIALS—

23,701 3$ 049 33,445 38,830 34,343
1,798 2, 925 2,,493 2,452 2,734
80,2071 97,719 82,493 94,901 113, 488

Corn grindings (bu.—000 omitted) .___._».
Sugar meltings (long tons—000 omitted).
Fteh catch (Ibs.—080 omitted)
Meat production, inspected slaughter
Clbs.—000,000 omitted) :
Beef products
. .
Pork products
Lamb and mutton products
Cottonseed oil production (Ibs.— 000,000
omitted)
Wheat flour production (bbls. —000,000
omitted)
» .- -• --

2,145
3, 642
245

2, 329
3,716

2,447
4,726

2,434
4,735

225

219

638

312

378

386

51

52

56

60

201

2,537
3,950

233
630
56

TEXTILES

Consumption (OOO^inittedj;
233
Wool (pounds)
.
Cotton (bales)
..„
_ • 2,512
154
Silk (bales)
Production (000- omitted) : Fine cotton
1,911
goods (pieces)

314

353

264

2,967
170

3,541
195

2,816
167

263
3, 345
240

2,207

2,672

2,125

2,574

continued
Brick production (000,000 omitted):
122
138
133
75
Face brick
.
127
Cement (bbls.—000 omitted):
42,468 46,918 62,73i 66,787 72,842
Production
;____.
40/075 48, 029 62,562 62, 496 70,086
Shipments
Sanitary enamel ware shipments (pieces—
000 omitted):
423
600
540
632
185
Baths
.
546
748
608
745
336
Lavatories
802
561
665
364
773
Sinks
,. . ...
AUTOMOBILES AND TIRES

Automobile production (000 omitted):
Passenger ears....
...
Rubber tires, production (000 omitted):

746
76

1,064
120

1,871
209

1,852
202

1,937
237

— c 759

14 747

on ^AT

•jo Qfl9

90 oft-i

166

369

469

311

9,336

1C, 710

25,034

23,447

30,241

8,225

8,830

9,783

7^188

7,746

05
247

87
395

111
461

111
422

114
441

Solid tires
Inner tubes

306

METALS
MISCELLANEOUS

Production (QOQ omitted) :
Iron ore (tons)
Pig iron (long tons):
~
«,.„
Steel ingots (long tons)
.
„_
Steel sheets (short tons).
_.„
Zinc . ._
Copper
Sales (short tons—000 omitted) :
Structural steel
. .
Steel castings

;

13,809 17, 860 32, 661 26,284 28 765
9,428 12,051 20.842 17, 414 19,005
10,290 16,027 23>327 IS, 737 21,9©6
433
1,508
989
1,353
1,698
QK

!

Q

OQ

33

9Q

113, 500 154,000 274,544 277,474 293, 192
173,000 195,000 352, 819 393, 107 429 563

372
132

996
370

1,105

614

1,148

399

1 212

361

RAILWAY EQUIPMENT

1,405
Locomotive shipments (number) *_._.__,.
898
362
711
582
Freight car shipments (number)
... 33,079 14,360 68,064 32,861 53,46$
PRODUCTION

OF FUEL AND POWES

Coal (short tons— 000 omitted):
Anthracite
47, 149 22,98#
Bituminous
200 572 193 727
Coke (000 omitted—short tons) :
Beehive
3 401 3 195
By-product
10f 367 13,179
Petroleum products (000,000 omitted):
Crude petroleum (bbls. —42gaL). ;_
238
270
9 V74.

Kerosene (gals )
Lubricants (gals.)..
Electrical energy, central stations (Kw.
hours—000>000 bmitted):
Total
By water power
By fuels..
Production (short tons~-OQO omitted)*
Newsprint paper
BUILDING

ANP

BUILDING




981
441

2090
1 055

450

50,041 45, 919 45,063
282, 666 235 064 234, 907
10 856
18,901
342
o 711
1 134

6 103
17 540

4

352
0QO

1,201

5 245
19,755

370

DISTRIBUTION

Sales (dollars—000 omitted) *
4 mail-order houses
156 837 155 062 209 018 216, 278 235 857
5 ten-cent chains
.. 108, 143 119, 759 144, 212 161,290 180, 515
27 grocery chains
211, 776 244,009 310, 061 344,991 422, 140
Advertising, agate lines (000;000 omitted):
~KX s^gazinfi
13
9
12
13
10
596
541
594
598
Newspaper 22 cities
517
155
132
149
122
Postal receipts (dollars—000,000 omitted).
166
Foreign trade of United States (dollars—
600.000 omitted):
2,090
2,367
1,821
2,534
Exports
1,946
1,850 2 068
1 320 1 419 2 088
Imports
PRICE INDEX NUMBERS

(Monthly wtragts, relative to 19HQ
Farm prices

1 279 Wholesale prices (404 commodities)

547

588

22,349 27,456
8 705 10 270
13,644 17,186

29-; 095
10 467
18»628

31 463
11 371
20,092

754

760

643

Retail food prices (22 commodities)

121
153
155

122
144
140

135
157
143

132
149
144

147
158
152

BANKING AND FINANCE

19, 869
12> 132
7,737

616

690

761

MATEBJALS

Contracts awarded (27 States1— 000 000
omitted):
Total floor space (sq.. ft.)
Total value (dolls.)
Lumber production (board feet— 000,000
omitted) *
Southern pine..
Douglas fir
California redwood
California white pine
Western pine
North Carolina pine
.
Northern hemlock
Northern hardwoods
Northern pine lumber _
.
Northern pine lath
.
Oak flooring
Maple flooring

Production (000 omitted):
Solefeather(backs, bends, and sides) .
Naval stores, receipts (barrels—000
omitted):
Turpentine
>......
Rosin

165

291

317

335

JU367

1,697

1,836

2,023

9 132
1,545

219
152
413
142
110
250
197
45
55
43

2 523
2,533

279
210
576
307
140
180
262
70
122
62

2 701
2 973

312
479
813
283
162
271
308
81
184
72

2 756
3 018

306
482
839
293
123
272
281
68
196
56

354
2,325
2 882
3 205

268
530
819
321
90
267
293
76
248
51

Securities:
Sales (000,000 omitted)—
Stocks (shares")
Bonds, total (dolls.)
.___
Pribes, monthly average {dolls.)—
25 railroad stocks . . _
i
25 industrials
- 40 bonds
—
Banking and insurance (doMars—OOOiOQO
omitted):
Life insurance, new business
Debits to individual accounts—
Outside New York City
New York City
Bank clearings—
Outside New York City
New York City
Interest rates, mo. average (per
cent)—
New York call loans..
Commercial paper 60-90 days
Business failures:
Liabilities (dollars— 000,000 omitted) .
Firms (number)

13S

133

115

204

1,516

2,293

1,548

1^796

1,868

52.68
83.16
59 41

59. 13
91.13)
7&58J

62.80
111.50
72,27

61.93
10&31
72.86

79.22
138.83
77.04

3,154

3,362

4,188

4,524

5,222

93

96,013 95, 615 113, 932 111, 687 124, 747
103, 791 120, 439 125, 871 128,532 154,042

117, 702 96,013 95, 478 95, 193 105, 016
98, 016 109, 441 112, 227 119, 466 141, 843
6.68
7.39

4.34
4.56

4.85
4.92

3.90
4.50

3.90
3.83

311

374

259

304

239

9,035

13, 384

9,724

10, 785

11,420

8

STATISTICAL SUMMARY OF COMMERCE AND INDUSTRY: 1921-1925
STOCKS OF COMMODITIES HELD AT MID-YEAR INVENTORY PERIODS

m

19 21

M

M 33

19 25

1!124

TTnif

May 31

June 30

May 31

June 30

May 31

May 31

June 30

June 30

May 31

June 30

FOODSTUFFS

Beef products
Pork products
Lamb and mutton. .
Sugar (raw)
Cottonseed oil
Wheat (visible)
..
Wheat flour
Corn (visible).
Oats (visible)..
Butter .
Cheese
._
Eggs
Poultry ._
Fish'.
Coffee
Bice (domestic) _ -

Thous. of Ibs
Thous. of Ibs
Thous. of Ibs
Long tons
Thous. of Ibs
Thous. of bus .
Thous. of bbls
Thous. of bus
Thous. of bus
Thous. of Ibs
Thous. of Ibs
Thous. of cases
Thous. of Ibs
Thous. of Ibs
Thous. of bags
Thous. of pockets

109, 553
983 379
15, 877
263 539
70 199
11, 751
5 100
17,708
30, 114
21 682
17, 814
6 844
35,408
26,346
2,058
3,493

96,220
1,003 562
8,714
251 827
47 851
9,966
5 400
27 363
34, 401
61 991
34,948
7 534
27,268
32,311
2,037
1,095

Wool, grease equivalent
Thous of Ibs
* 664 977
6,019
Cotton mills and warehouses... Thous. of bales —^_.
Silk.
Bales
20,541

56 852
769 454
2 310
271 890
23 704
31,065
5 500
31 170
47, 950
13 202
15 481
8,056
38 602
17,094
1 146
972

50,706
861 638
3,720
277 150
12 110
20 342
5 500
33 068
42, 743
67 410
33.130
9 811
34 837
20,818
1 086
762

531 070
5,511
15, 521

3,980
20, 826

479 151
3,284
26,895

27,840
196,543
85,812
2,571

30, 066
181, 521
89,889
2,546

23,025
427,499
40,409
1,921

M. ft. b. m . . . 1, 223, 441
M ft b m
35,764
M. ft. b. m
31,896
Thousands ._ ..
53,280
Thous. of bbls
12, 450
99,525
Number.Number
117 422
105, 916
Number- Barrels— ... -.- _
38,418
312,507
Barrels

1, 225, 461
37,588
32, 271
69,586
11,150
85,062
121 969
110, 776
36,949
308, 341

65 023
57,220
66 063
69 418
993 301 1 032 401 ] 029 043 1 025* 158
2,272
4 445
3 556
2 917
293 023
315 680
338 092
367* 971
11 833
23,714
52 130
23 751
37, 203
29, 403
45* 258
36 496
6 800
6 900
6 400
6 800
3 847
7 649
13* 480
9 184
8,523
13, 514
6 720
5*264
62 768
10 112
22 328
74 184
36,834
17 507
27 148
45*239
10 222
7 890
6 944
8 685
57 274
49,100
39* 247
34*886
12, 312
21,840
17, 870
27*115
826
860
657
760
1,170
966
430
303

74 618
886 713
1 913
354,416
44,247
36,911
5 700
18 676
35 331
13 036
29*550
7 712
68 126
23,570
537
364

61 643
885, 382
1 532
376*868
22 669
36* 420
5 900
16*040
35*268
63 659
46 465
9 475
58 552
31 915
713
224

305 958
2,483
42, 517

382 686
1,884
44, Old

21,049
623,920
21,210
1,404

25,404
669, 891
22,906
2,054

CLOTHING MATERIALS
1

3

501, 341
3,214
29,962

631,698
2,575
25,865

«371 isg
2,284
27,074

410 381
1,832
24,843

25,447
484,995
29,576
2,371

18, 865
890,802
13, 019
3,132

22,800
949,237
17, 173
2,137

21,608
687, 649
42,364
* 4,067

26, *0
519,111 1
49,684
4,067

1, 111, 878 1, 095, 580
20,245
23 534
30, 215
26,719
59,804
63,867
12,883
10, 748
47,694
37,846
78 062
68,558
102, 747
82, 831
10f731
4,--€01-251,823
287, 138

1, 010, 591
26 816
19, 131
60,939
10,144
33,866
44 391
51, 810
18,224
211,063

1, 054, 133
33,793
18,867
58,875
9,168
29,462
45, 978
47,539
13, 176
215, 100

1, 129, 893
49 706
25,243
52, 398
16,403
64,399
134 088
116, $26
23,595
234,644

1, 153, 375
60 189
25 406
50, 895
14 903
65,093
140 810
129, 862
32,499
241 108

1, 152, 617
51 254
29, 165
55,498
18,440
119, 104
232 811
286,317
26,761
161, 970

1, 184, 431
53 494
28,504
50,796^
16 326
101,925
227 018
279, 287
35, 402
210, 055>

23,367

20,832

19, 514

34,718

33, 487

32,037

31, 864

1
1, 784, 551 1,616,396 1 1, 846, 555 1, 697, 844
* 1,303, 255 1, 119, 605 a 1,2 327, 731 1, 196, 446
425,000
441, 590
~*401r633 413, 540

8
1, 976, 569
2
1,2 485, 969

1,843 737
1, 327, 852
442 696

2, 035, 678
1, 522, 217
a 422, 966

1,847 225
1, 337, 784
423 975

METALS

Iron ore
......
Pig iron (merchant)
Zinc
Tin

Thous. of long tons..
Long tons
Thous. of short tons
Long tons

CONSTRUCTION MATERIALS

Yellow pine _
.
Oak flooring
Maple flooring
Face brick *_ _
Cement Baths (enamel)
Lavatories (enamel)
Sinks (enamel)
Turpentine _. ... __
Eosm _ _
PAPER

Newsprint (at mills)

Short tons

31, 198

26,629

24,781

TOBACCO

Total
Chewing, smoking, and snuff
Cigar types

Thous. of Ibs
Thous. of Ibs- .
Thous of Ibs

1, 818, 781 1, 672, 017
1,2 363, 499 1, 235, 156
367, 854
359 095

420 936

1
Prior to September, 1923, stocks included formed brick in kilns. Since then the data have been recorded for finished face brick only. To preserve the comparability
of the series the data here have been adjusted on the basis of percentage change in the new series.
* Inventory as of Mar. 31.

UNFILLED ORDERS FOR SPECIFIED COMMODITIES
JUNE 30—

DECEMBER 31—
COMMODITY

Unit

Short tons
..... Thous. of long tons —
Number
Oakflooring.. ...
.
....... . Mfeetb. m...
Maple
flooring
........ M feet b. m
Face brick. ,,=,.......,...,.,..r....... .............. Thousand..
Number
Baths (enamel)
. .....
Small ware (enamel)
.
\ ... • Number
Sheets blue black, and galvanized
Bteel (U S. Steel Corporation)




1923

1933

1994

m*

505, 766

445, 167
4,445
387
47,700
15, 375
25,641
203,329
712,620

663,460
4,817
431
53,295
12,735
22,499
89,402
264,625

437,853
5,636

6,746

1,592

40,925
22,324
26,388
205,659
647,839

1923

1994

503,175
6,386

246, 810

38,530
28^265
64,128
177, 197
286,888
486, 331 1,038,045

36,093
9,596
43,653
181,907

596

38,434
26,193
43,283

1, 958

3,263

531

458, 182

1925

440,687
3,710
397

50,092
9,498
39,115
111,797
252,991

Percentage
change
June 30,
1925, from
Dec. 31,
1924

-33. 6

-11
-6.0

-25.4
+73.9+25. a
-0.6

9

BUSINESS SUMMARY
[Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enalible comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside
fr
iide front
cover, and details of this summary are given in the table entitled "Indexes of Business," beginning on p. 22]
YEARLY
AVERAGE

1923

1 QO c

1934

1924

April

May

PER CENT INCREASE (+)
OR DECREASE (-)

1935

June

April

May

June

June, 1925,
I from May,
1
1925

June, 1925,
from June,
1924

PRODUCTION:
Manufacturing
(64 commodities— Adjusted) l
Raw materials, total
Minerals
...
Animal products
Crops
Forest products
Electric power
Building (awards— floor space)

119
113
131
117
102
121
144
106

114
118
122
117
118
119
152
108

118
87
107
118
54
129
146
136

108
94
120
124
60
132
148
124

104
89
117
117
56
120
141
103

129
86
116
115
49
129
159
157

127
91
131
115
55
132
160
148

126
89
131
110
54
120
160
143

0 8
2 2
0.0
-4.3
18
6 1
0.0
3 4

+ 21.2
0.0
+ 12. 0
-6.0
-3.6
0.0
+ 13. 5
+ 38.8

STOCKS (45 commodities; seasonal adjustment)
_.
'....
.
UNFILLED ORDERS (relative to 1920)

119
74

135
52

136
54

141
47

134
43

141
54

144
53

140
51

-2.8
3 8

+ 4.5
+ 18.6

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

114
178
78
133

90
174
77
127

89
162
76
120

117
195
79
135

94
191
79
128

101
187
83
126

+ 7.5
2. 1
+ 5. 1
16

+ 13.5
+ 15.4
+ 9. 2
+ 5.0

65
75
78
94-

64
73
78
95

62
72
76
94

62
71
76
94

62
70
76
94

70
76
81
96

70
75
82
96

70
76
83
97

0.0
+ 1.3
+ 1.2
+ 1.0

+ 22.6
+8.6
+ 9. 2
+ 3. 2

103
93

109
84

108
88

107
84

104
81

122
85

125
84

126
83

+ 0.8
+ 1.2

+ 21. 2
+ 2.5

TRANSPORTATION:
115
Net freight ton-mile operation
Car loadings (monthly total)
119
Net available car surplus (end of mo.) . . 25

108
116
139

97
100
199

102
128
205

97 I
104 1
216 j

102
107
204*

112
139
196

113
186

-18. 7
-5. 1

+ 8.7
-13.9

.-.

PRICES (recomputed to 1919 base) :
Producers', farm products
Wholesale, all commodities .... ._-Retail food. .
Cost of living (including food)
CHECK PAYMENTS (141 cities—Seasonal adjustment)
FACTORY EMPLOYMENT (1919 base) -

*

* See p. 28, Jan., 1925, issue (No. 41) for details of adjustment. Unadjusted index for current months given in " Indexes of Business," p. 22, this issue.

COURSE OF BUSINESS IN JUNE
GENERAL CONDITIONS
Manufacturing production in June was smaller than smaller at the end of April than at the end of either
in May but 21 per cent larger than a year ago, while the previous month or a year ago. Imports and
the output of raw materials also declined from the exports of merchandise declined from May, but both
previous month but showed no change from June, were higher than in June, 1924. Producers' prices,
1924. Building activity, as seen from construction wholesale prices, and retail living costs, all advanced
contracts, was larger in June than in any other in June, both as compared with the previous month
previous month except April of this year. Commodity and with June, 1924. Employment continued the
stocks, although declining 3 per cent from May, were decline which set in in May, but was greater than in
larger than a year ago while manufacturers7 unfilled June, 1924, while factory pay rolls were also smaller
orders continued to decline, being, however, consider- than in May and larger than a year ago.
ably larger than at the same time last year.
Business failures decreased slightly from June in
Wholesale trade was greater'than in either the pre- both number and liabilities, while bank failures in
vious month or in June, 1924, while retail trade, though the second quarter of 1925 were smaller than in the
smaller than in May, due to seasonal conditions, was previous quarter. Security prices were again higher
larger than a year ago. Freight loadings were season- than in the previous month and a year ago, while bank
ally larger than in May and 10 per cent higher than loans continued to increase.
in June, 1924, while the surplus of freight cars was




SUMMARY ^F jIMIMEXES
PRODUCTION

ported in all classes of crops except jmn? which ,reecaxbd an advance over June, 19?% jaraoimting to
18 per cent. The output of forest products, although
6 per cent smaller than in May, showed no change from
a year ago, an 18 per cent decline from June, 1924,
in the production of pulpwood, balancing increases of
9 per -cent, 11 per cent, and 18 per cent, respectively,
in the production of lumber, turpentine, and rosin
receipts, and in the consumption of wood by the
methanol industry. The output of raw materials,
counting Uhe output of minerals, the production of
forest products, and the marketings of animal products
and crops, declined 2 per cent from the previous month
but showed no change from June, 1924.

Continuing the decline which set in in May, the
outfmt of manufaetures in June was about 1 per cent
less tihan tliat of the previous month. As compared
with -a year ago, however, manufacturing output was
21 per cent larger, after adjustment for the number
cif working days, all major manufacturing industries
exhibiting increases over June, 1924, except foodstuffs
and tobacco. The greatest percentage increases over a
year ago were recorded in the output of textiles, iron
and steel, and miscellaneous commodities, .principally
automobiles and automobile tiresr while smaller increases were recorded m the production of paper, stone
[

RELATIVE PRODUCTION, STOCKS, AMD IJN<FILL££> O&DERS FOR MANOTACTHBED

(1920 monthly average=100. This chart shows stocks of manufactured commodities only, while adjustment .has ;been made for both stocks jamd production,
respective seasonal movejnemts. Unfilled orders axe principally those for iroia, steel, and-building materials. June, 1925, irlatest month plotter!)
ISO

pflOOUCrnON ^4 COMMODITIES

sad clay products, nonferrous metals, lumber, and
leather and its products.
r
Mineral production showed no change from th^
previous month but was 12 pea* cent greater than a
year ago, allproducts of themine sharing in the general
increase over June, 1924, with the greatest advance
n-oted in the production &i biteninom coal, and the
smallest increase in the output of anthracite.
Marketings of animal products were generally
lower than in either the previous month or a year ago,
tfce increased marketings over a year ago in fish, milk,
sjieep, and Battle and calves being insufficieAt to
offset the decline in the imarkatings of wool, hqgs,
eggs, and poultry. Crop marketings were, likewise,
smaller than in either the preceding month or June,
1924, smaller marketings than a year ago being re-




/

COMM^DItTY STOCKS

Stocks of commodities held at the end of June,
when due allowance is made for normal seasonal
influences, though declining 3 p«r cent from the
previous €ad of month, were almost 5 per cent larger
than on June 30, 1924, declines from a year ago in the
inventories of manufactured commodities, both foodstuffs and other, being insufficient to offset an increase
in the stocks of raw foodstuffs. As compared with
the holdings on May, 1925, stocks of manufactured
foodstuffs were alone greater, the increase of 10 per
cent in this group being more than offset by declines
of 8 per cent, 2 per cent, and 2 per cent, respectively,
in raw foodstuffs, other raw materials^ and manufactured commodities.

m
The index of "unfilled orders, comprising principally
iron and sfed and building materials, was 4 per cent
smaller at the end 6f ifune than at tile end of the
previous month, but was almost 20 per cent larger
than a year ago.
Wholesale trade, as ^een from the index covering
six important lines, was 5 per cent greater in
tk«m in May and Q per cent gr-eaker than in June,
ike greatest increase over a year ago oceuiriaog in. the
value of wholesale meat salea, cbue principally to
increased prices for meats. Sales of hardware were 9
per cent l&rger than a year ago, while shoe sales,

Prices received by producers of farm products
averaged almost 1 per ceiit higher than in May and
13 per cent greater than in Jiine, 1§24, all1 clksses of
farm products entering into the general index of farm
prices recording increases over these two periods, except cotton and cottonseed and the unclassified items.
Wholesale prices increased more than 1 per cent in
June and averaged 8 per cent higher than a year ago.
!Increases over the previous month were noted in
wholesale prices of farm products, food, and fuel, while
declines were recorded in the prices of metals, building

WHOLESALE PRICES OF RAW MATERIALS, PRODUCERS' GOODS, AND CONSUMERS* GOODS
(1913 average priees taken as 100. Jane, 1325, is latest month plotted)

,260

sales, drag sales, amd sdies of d;py goods wesie &
percent, 6 per cent, 1 per;eeB&, 5 pea* c^iat, and 17 per
ceiit^ lai^eiv zespecti^ety, than inJime, 19M.
Sales at jgetail ;by tB^cxixier feoitses and tha various
types of chaim stores, as m®jL as departeient atones
;larger thanan jRine, 1924, tba ^riacipal mcBeases
in the retail trade trBJa&aeted by 10-cent
chain stares, grocery chains, mail-order houses, anximc
cjiaiaa and dr^cig chains. The ^alue of stocks carried
by department stores at the end of June was 5 per
c^ent smaller than at the end of the previous month
and 1 per cent larger than the value of inventories
held a year ago.




materials; and house fumishii^s, with no change in
the average priees of cloths and clothing,, and chemicals. Compared with a year ago increases wer;e
in the prices of fiarm pro4uetsrfaod, clatbs
clothing, aad eheioicals, wa-th declines in the pxices
of fuels, jsaetals, buildiag materials arid house furnishings. As recomputed by the Federal Reserve Board^
the whx>teaile .price index shov/ed an increase over th©
nio^A ©I 3 per cant w the avemge
?
go@ds ^nd^almo^t 1 per eeot in
goods, while compared with a year ago
goods were 4 per cent higher and consumers' goods

12
more than 9 per cent greater. Raw products were
more than 1 per cent higher in price than in May and
10 per cent greater than in June, 1924. Commercial
wholesale price index numbers, likewise, recorded
increases over May and a year ago.
The cost-of-living index increased more than 1 per
cent in June over the previous month and 3 per cent
over a year ago, the principal increases over May
occuring in food and clothing, and over a year ago in
food and sundries, with declines from June, 1924, in
the cost of shelter and fuel.
EMPLOYMENT

Factory employment declined slightly more than 1
per cent from May but was more than 2 per cent
greater than in June of last year, declines from the
previous month occurring in the textile, leather, paper,
tobacco, and miscellaneous groups, with increases in
food products, lumber, stone, clay and glass, and

vehicle plants. The principal increases over a year
ago were recorded in the iron and steel, leather, paper
and printing, chemicals, stone, clay and glass, vehicles,,
and miscellaneous groups, with declines from June,.
1924, in the number of employees in plants manufacturing food products, lumber, and tobacco products.
Corresponding to the decline from the previous
month in general employment, a decrease of 2 per cent
was reported in the amount of pay rolls, the principal
declines occurring in textile, iron.and steel, leather^
paper, chemical, stone, clay and glass, tobacco products, vehicle, and miscellaneous factories. However/
an increase over June, 1924, in factory employment
of only slightly more than 2 per cent may be compared
with an increase in the pay roll of 6 per cent over the
same month of last year, all classes of establishments
participating in the general pay roll increases over
June, 1924, except food products and tobacco products factories, which declined.

GENERAL INDEX OF EMPLOYMENT IN MANUFACTURING INDUSTRIES
•

_ (1923 average employment taken as 100. June, 1925, is latest month plotted)

1925

REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

Receipts of wool at Boston were larger in June than
in the previous month but smaller than a year ago,
the increase over the May receipts being solely due to
larger arrivals of domestic wools, while the decline
in the total receipts from June, 1924, was solely due
to smaller receipts of domestic wools. Imports of
unmanufactured wools were smaller than in May but
larger than in June, 1925, while for the first half of
the current year little change was shown from the
importation during the corresponding period of 1924.
Consumption of wool by textile mills was larger in
June than in either the preceding month or a year ago,
while for the first half of 1925 the total wool consumption was 2 per cent smaller than during the same period
of 1924. Wool machinery activity in June was likewise greater than in either the previous month or a
year ago.
Prices of wool averaged higher in June than in the
preceding month and a year ago while worsted yarns,



dress goods, and suitings showed no change from the
previous month.
Receipts of cotton into sight declined seasonally
from May and were almost 50 per cent greater than
in June, 1924. Cotton imports increased over the
previous month and were more than 40 per cent larger
than in June, 1924. Exports of raw cotton declined,
seasonally, from May and were also smaller than m
June, 1924, this comparison with the previous year
exhibiting the first decline since September, 1923,
Cotton consumption declined from May but was 40
per cent larger than in June, 1924. During the first
half of 1925 a total of 3,345,000 bales was consumed
by the cotton textile industry as against 2,816,000
bales during the corresponding period of 1924.
Stocks of cotton held by mills and warehouses at
the end of June aggregated 1,883,758 bales, an increase of less than 3 per cent over the holdings a year
earlier. Smaller stocks of cotton were held on June
30 at warehouses than a year ago, the increase in the

13
total holdings over June 30, 1924, being due solely to
larger mill stocks. The world visible supply of American cotton declined 60 per cent from May to June as
against a decline of 20 per cent during the same
interval of 1924.
More cotton spindles were active in June than a
year ago while the total spindle activity, though
smaller than in May. was larger than a year ago and
represented 89 per cent of plant capacity. Prices of
cotton to the producer showed no change from the
previous month and a decline from June, 1924, while
wholesale prices of raw cotton in the New York market averaged higher in June than in May but were
likewise lower than in June, 1924, Cotton yarns
exhibited similar conditions in price, while wholesale
prices of cotton goods averaged lower than in either
the previous month or a year ago.
•

than 90 per cent greater than the holdings a year
earlier. The wholesale price of Japanese silk continued to average higher, the prevailing prices in June
being 27 per cent higher than those of June, 1924.
Imports of unmanufactured fibers were larger than
in either the preceding month or in June, 1924, while
burlap imports, though smaller than in May, were
larger than in June a year ago.
SPINDLE ACTIVITY IN COTTON MILLS
(June, 1925, is latest month plotted)

COTTON CONSUMPTION AND EXPORTS
(June, 1925, is latest month plotted)

1921

IRON AND STEEL

Orders received by cotton finishers were larger in
June than in either the previous month or a year ago,
while billings of finished goods, though smaller than
in May, were larger than in June, 1924. Stocks of
finished cotton goods held by finishers continued to
increase, but were smaller than the inventories of
June 30, 1924, while shipments in June, though smaller
than in May, were considerably larger than a year
ago. Production of fine cotton goods in the New
Bedford district was also smaller than in May but
was more than 40 per cent larger than in June, 1924.
Shipments of fine cotton goods were larger than in
either the previous month or a year ago, while exports
of cotton cloth exhibited declines from these two comparative periods.
Imports of raw silk were smaller in June than in
May but were considerably larger than in June, 1924.
Deliveries of silk to consuming establishments were
larger than in May and a year ago while for the first
half of 1925 the total indicated consumption of silk
aggregated 240,000 bales as against 167,000 during
the same period of 1924. Stocks of raw silk at warehouse..also increased in June over the previous month
while the inventories at the end of June were more




The production of pig iron continued the decline
which set in in April but the June output was considerably larger than that of a year ago. For the first
half of 1925, pig iron production totaling 19,005,000
tons compares with 17,414,000 tons during the same
period of 1924. Consumption of iron ore by furnaces
in June exhibited similar movements, as compared
with the previous month and a year ago, while iron
ore stocks increased almost 20 per cent over the holdings on May 31. The number of furnaces in blast
at the end of June was smaller than at any time since
November, 1924, while the percentage of furnaces in
blast to the total in the industry, amounting to 47.7
per cent, compares with 49.4 for May, and 40.0 for
June, 1924. Wholesale prices of iron and iron products continued to average lower in June.
The output of steel ingots in June was smaller than
in the previous month but larger than in June, 1924,
while for the first half of 1925 ingot production
amounted to 21.906,000 tons as against 19,737,000
during the same period of 1924.
Production of steel sheets by independent steel
manufacturers, on the other hand, was larger than in
May and more than 100 per cent greater than in

Jtee, 192i; f?-£w Bookings for
ings deified from May and/ u year ago, tifcie decfee
froitt the previous month being solely dti;e to smaller
miscellaneous bookings while the decrease from & year
ago was d&e to smalferboofcings of railroad specialties,
tfefilfed steel orders at the end of June wereagain
smallerr than the forward business on the books at tlie
end of the previous month, but were ferger than the
orders on June 30, 1924. Sales of fabricated structural
steel were larger in June than in either the previous
month or a year ago, while shipments of structural
steel exhibSted similar compajdsons* Production of
steei bai^fe, thotigh sm&fer than in Marr^ were considerably larger than in June, 1924, while unfilled
orders at the end 0f the mtmth criled for more than
twice as "thaaay barrels aa the forward business of
June "SO," 1924. Malleable castings were p£0du:ee4 is
smaller quantities than in May, but the June output?
was considerably larger than that of a year ago.
Ne|w orders booked f©r malleable castings, though
smaller than in May, were twice as large as in

orders for miaeifine tools eostintied to increase in: 3wo®
and were 5§ j*$r oen$ larger ttom a year ago> wMte
sates of foundry equipment were ate© larger iihaa in
either the preceding month or a year ago.
METALS

©opper production by domestic mines was larger
in June than in either the previous month or a year
ago, while for the first half of 1925 the total mine
output was 11 per cent greater than during the corresponding period of 1924. The world production of
blister copper was smaller than in May, but larger
than in June of last ye^r, while the output of refined
copper by primary refineries in North and South
America during the second quarter of 1925 was larger
than in eitfcer the first quarter of this year or the
corresponding quarter of 1924. Exports of refined
copper declined from May, but were larger than in
June, 1924, while for the first half of 1925 the outward
movement of copper was 10 per cent greater than
during the sttme period of 1924. Stocks of copper o€

LOCOMOTIVE SHIPMENT ANJ> UNEI1LLEJ> (MIXEBS
<Jtme, 18211, is I^est jnoath plotted)

while shipments of castimgs were smaller than
in May and larger than in June of last year. Exports
of iron and ~si eel were smaller than in May or a year ago
wti:il% imports were larger than in either of these two
comparative periods. Wholesale prices of steel and
steel products continued to average lower in June.
Shipments of railroad locomotives were larger than
in May, but smaller than m June, 1925, wHe the
unfilled orders of locomotives at the end of June were
smaller than at either the end of the previous month
or a year ago. During the first half of 1925 a total of
582 railroad locomotives was shipped by the three
principal manufacturers as agamst 711 during the same
period of 1924. New orders placed for locomotives
were smaller in June than at any other month since
August, 1§24, while new orders for freight cars were
smttler than in any othermonth since July, 1924.
New sales of mechanical stokers were larger, in number,
than in either the preceding month or a year ago,
while the horsepower thus represented, though larger
titean in June, 1924, was smaller than in May. New



botli refined and blister held at North and South
American points at the end of June were smaller than
at the end of the previous quarter, and, for refined
copper, smaller even than the holdings on June 30,
1924. The wholesale price of copper continued to
average higher in Jttne.
Deliveries of tin to consuming establishments were
larger in June than in either the previous month or
a year ago, while for the first half of 1925 the indicated
consumption of tin, aggregating 33,000 tons, was 10
per cent larger than during the same period of 1924.
Imports of tin in May were almost twice as large as
those of the previous month and more than 65 per
cent larger than during June, 1924. Tin stocks at the
end of June were smaller than at either the end of the
previous month or the inventories of a year ago,
while the wholesale price of pig tin at New York continued to advance, averaging for June almost 30 per
cent higher than the prevailing prices of a year ago.
The production of primary zinc declined from the
previous month but was larger than In June, 1925,

151
while shipments^ zrae ore- at the J&pHn district mines
exhibited similar wmpaaisoRs with these two. same
periods. Stocfes- of zinc held at refineries eontimied
to increase, but the inventories* at the end of June were
loss than 50 per eeaat as. large as, those of a year ago,
The price of prime western zinc at St. Louis strengthened in June and waa more than 20 per cent higher
than in June, 1924,
PRODUCTION AND EXPORTS OF COPPER
(June, 1925, is latest month plotted^

while for tibe first ha3f of 1925 a slight decline was also
registered from the corresponding period of last year.
Exports of bituminous coal is June were larger than
m May, but smaller than a year ago, while for anthracite eoal Jim-e exports were smaller than in May and
larger than a year ago. Hie mine price of bituminous
coal averaged lower in June than in either the previous
month or a year ago, while retail prices of bituminous
at Chicago and of anthracite chestnut at New York
were higher than in the preceding month. Coke production, both beehive and by-product, was smaller
than in May but larger than a year ago, the increase
over June, 1924, being general for both types of coke.
Coke exports were smaller than in May, but larger
than a year ago, white the wholesale price of coke
continued to decline.
PRQIHMITION OEl BlT^MECfOUS AND AFTHRA€I1E
(June, 1925, is latest month, plotted)

The output erf lead increased in June over both the
previous month and Juney J924, wfeile lead oreshipments from the Joplin district exhibited similar comparisons. The price of lead, desilverized, at New
York, continued to advance in June and was 14 per
cent higher than in Jiifte of last year.
__
HEMATITE PnoiMJCTiaN AND STOCKS oi1 ZINC
(1913 monthly average=100. J&ne, 1925; islatest month plotted)

1921

1922

1923

1924

HIDES AND SKINS

The production of bituminous coal increased in
June over both the previous month and a year ago,
while for the first six months of 1925 a slight decline
was registered from 1924 in the total output. Anthracite coal production, on the other hand* was smaller
than in May, but .larger than in June of last year,.




The total imports of hides and skins were larger
than in either the previous month or June, 1&24, all
classes of skins and hides participating in the general
increase over these comparative periods. Prices of
cattle hides and calfskins were higher than in either
the previous month or June, 1924.
Exports of sole and belting leather were smaller
than in either the preceding month or June, 1924,
while the production of sole leather in June was
larger than in either comparative period. The price
of sole leather continued to decline but averaged 10
per cent higher than in June, 1924.
Exports of upper leather were larger in June than
in either the previous month or June, 1924, while the
price of upper, though registering no change from the
preceding month, averaged 7 per cent higher than in
June. The production of harness leather though
smaller than in May, was larger than a year ago,
while unfilled orders for harness leather continued to
increase, standing, at the end of June, at 25 per cent
above a year ago. The sales of leather belting increased in June over both the previous month and a
year ago.

The production of boots and shoes declined from
the previous month but was larger than in June, 1924.
Exports of boots and shoes showed a similar comparison with the previous month and a year ago,
while wholesale prices for shoes, though exhibiting no
change from the preceding month, were higher than
in June, 1924. The production of glove leather was
smaller than in May but larger than in June, 1924,
while stocks of glove leather, both tanned and in the
process of tanning, continued to decline.
IMPORTS OF HIDES AND SKINS
(June, 1925, is latest month plotted)
30,QOOi

60.0001

WOOD PULP AND PAPER

Imports of mechanical wood pulp were smaller than
in May but more than twice as large as those of a year
ago. Chemical pulp imports were larger, on the~other
hand, than in May and almost 30 per cent greater
than a year ago. The production and shipments of
newsprint paper were smaller than in the previous
month but larger than in June, 1924, while newsprint
stocks held at mills at the end of June were smaller
than at either the end of the previous month or a year
ago. Imports of newsprint paper were larger than in
May and a year ago.
Sales of abrasive paper and cloth were larger in June
than in either the preceding month or a year ago,
while the shipments of rope paper sacks registered
similar increases over these comparative periods.
Production and new orders for boxboard were
larger in, June than in either the preceding month or
June, 1924, with the consumption of waste paper
recording similar increases over these two periods.
The inch-hour operations of boxboard manufacturers
in June were larger than in any other month of 1925
with the exception of January. Shipments of sales
books in June were the largest in any month since
these figures became available.
NEWSPKINT PAPER PRODUCTION AND MILL STOCK
(June, 1925, is latest month plotted)

AUTOMOBILES AND RUBBER

The production of automobiles declined seasonally
from the previous month but was larger than in June,
. 1924, both passenger cars and trucks participating in
this general increase. During the first half of 1925 a
total of 1,937,000 passenger cars was produced in the
United States and Canada as compared with 1,852,000
during the same period of the preceding year, while
truck production totaling 237,000 vehicles may be
compared with 202,000 during the first half of 1924.
Exports of automobiles, counting both passenger
cars and trucks, though smaller than in May, were
almost 70 per cent larger than in June, 1924. Shipments of accessories and parts to points abroad were
correspondingly smaller than in May and larger than
in June a year ago. Production of pneumatic tires
and solid tires was larger than in either the preceding
month or a year ago while corresponding increases were
noted in the output of inner tubes. Manufacturers'
shipments of all classes of tires registered similar increases over these comparative periods, while manufacturers' stocks of pneumatic tires and inner tubes
at the end of June were smaller than at the end of
either the previous month or a year ago.



BUILDING CONSTRUCTION

Construction cost indexes exhibited relative stability
in building costs from May to June while contracts
awarded for building construction represented larger
contemplated expenditures than in any other month on
record except April, 1925. The new floor space
contemplated by June construction awards was,
nevertheless, smaller than in the previous month but,
as in the case of value, was considerably above June,
1924. Contracts awarded during the first half of
1925 were more than 15 per cent larger than during
the corresponding period of 1924, all types of building
construction partaking of this general advance, except
educational buildings.

17
VOLUME OF BUILDING CONTRACTS AWARDED IN 27 STATES, BY CLASSES
(June, 1925, is latest month plotted)

BUILDING MATERIALS

Lumber production was considerably larger in June
than a year ago, most of the principal species showing
increases. Southern pine lumber production was 4
per cent higher in the first half of 1925 than in the 1924
period while Douglas fir showed an increase of about
6 per cent. Exports were considerably larger than in
June, 1924, and shipments and new orders of most
species were also higher than a year ago. Stocks on
hand increased over a year ago for Southern pine and
walnut, and decreased for Western pine. Sales of
lumber at retail yards of the Minneapolis district were
larger than at any time since 1922, while stocks
declined from both May and a year ago. Lumber
prices declined from May.
Flooring production showed little change from May
but shipments and new orders increased. Unfilled
orders for maple flooring increased but oak flooring
unfilled orders declined. Stocks declined for maple
flooring and increased for oak flooring. Total production for six months showed an increased over a year
of 25 per cent for oak flooring and a decline of 9
cent for maple flooring.
Production and stocks of face brick declined from
June'but were at about the same level as a year ago.
Unfille^ orders declined and shipments increased over
both periods. Face-brick output for 6 months was 9
per cent higher than a year ago. Paving-brick output at 82 per cent of capacity compares with 86 per
cent in May and 68 per cent a year ago. Production,
shipments, stocks and new orders were all higher than
54240°—25f
2




a year ago but unfilled orders were smaller. Terracotta bookings in June were, with one exception, the
largest since January, 1924.
Portland cement output was slightly less than in
May, the usual seasonal tendency, while shipments
were slightly larger. Stocks were larger than a year
ago, declining seasonally from the end of May. Total
cement output for the first 6 months of the year showed
a gain of 9 per cent over the^ 1924 period. Concrete
paving contracts let in June were greater than a year
ago, the total for 6 months surpassing the 1924 period
by over 20 per cent.
Shipments, orders, and stocks of all classes of
enameled sanitary-ware were much greater than a year
ago except shipments of miscellaneous goods, but
unfilled orders were smaller than a year ago. Shipments for the first six months of the year were about
the same as a year ago, baths being slightly larger and
sinks smaller.
CHEMICALS AND OILS

Imports of nitrate declined from May, while potash
imports were larger. Exports of both sulphuric acid
and fertilizer were less than in May. Prices of essential oils averaged 7 per cent higher than in May
while changes of about 1 per cent occurred in the
other groups, drugs and pharmaceuticals and oils and
fats increasing while crude drugs and chemicals
declined.
Receipts and stocks of both turpentine and rosin at
southern ports increased over May and, except for
rosin stocks, were also higher than a year ago.

18
IMPORTS OF POTASH AND -NITRATE OF SODA
(June, 1925, is latest month plotted)

Car-lot shipments of apples increased over June,
1924, but citrus fruit, onions and potatoes were all
loaded in smaller quantities. Hay receipts at maiiet
were smaller than a year ago.
MEATS AfrD DAIRY PRODUCTS

The movement and slaughter of cattle and calves
was greater than in June, 1924. Exports and storage
holdings of beef were larger than a year ago. Prices
of cattle and steer rounds advanced over May while
carcass beef declined,
Hie movement and slaughter of hogs was less than
a year ago. Exports of pork products, including lard,
were slightly less than in June, 1924, while storage
holdings also declined from a year ago. Prices of
hogs averaged slightly higher ifcan in May, while hams
and lard also advanced,
PRODUCTION, EXPGBTS, AND COLD-STORAGE HOLDINGS OF
PORK AND PORK PHODWTS
W -^ JIH
'"• " -^
" ^

(Jose, 3§25, is latest month plotted)

Both imports and exports of vegetable oik increased
over May, imports being about the same as a year ago
and exports almost three times as large as in June,
1924. Cottonseed oil production a&d stocks of both
cottonseed and oil declined seasonally from May and
were about the same as a year ago. Receipts and
stocks of flaxseed in the Northwest and shipments of
linseed oil and oil-cake from Minneapolis were considerably larger than in June, 1924.
CEREALS

Wheat receipts increased over May and also over
a year ago, while the visible supply in both the
United States and Canadg, declined from both periods,
the decrease from May being ft seasonal movement.
Exports of wheat, including flour, declined from May
and were slightly larger than a year ago. Wheat prices
averaged less than in May while standard patent flour
at Minneapolis declined and winter straights at Kansas
City advanced.
Corn receipts and shipments exceeded those for
May, receipts increasing over a year ago and shipments
declining. The visible supply declined in a seasonal
movement and was greater than on June 30, 1924.
Grindings of corn for glucose and starch increased over
May, but declined from a year ago. Exports were also
greater than in May and less than in June, 1924.
Corn prices rose slightly from the May average.
Receipts of oats were 20 per cent larger than in
June, 1924, and the visible supply was almost seven
times as Ijarge. Barley and rye receipts were both
smaller than a year ago. Prices of oats and barky
averaged higher than in May, while rye averaged less.
Receipts, shipments and exports of riee were all
larger than a year ago while stocks on hand declined
from June 30,1924, as well as the seasonal decline from
May 31.




Poultry receipts were larger than a year ago and
storage holdings almost twice as large. Egg receipts
and storage holdings were also larger than last June.
Butter receipts declined from June, 1924, and storage holdings were 15 per cent less. Cheese receipts
and holdings increased over last year, however.
Exports of condensed and evaporated milk were the
largest since last October and 60 per cent larger than
in June, 1924, the increase being all in evaporated
milk. Total exports for the first six months of the
year were BO per cent less than a year ago.
SUGAR, COFFEE, AND TEA

Sugar meltings in June were larger than in May
and also above a year ago. Imports declined from
May but exceeded a year ago. Stocks of raw sugar
carried by refiners at the end of June were the largest
since the Armistice. Exports of refined sugar were
with one exception the largest in two ye&rs, while
prices averaged the same in June as in M$y. Receipts, exports, and stocks of sugar in Cuba were all
considerably la^er than a year ago.
Imparts of coffee were larger than in May but
smaller than in June, 1924, while for the first half of
1925 coffee imports were about 25 per cent smaller

than taring fee same fyeriodi of I$M, Ihe world visible supply of coffee co&ti&ued to deelin^ betegj ©e
June 3®, smaBter thai* tfce infested supply of & y&m
ago. Beeeiptsel eoitee- in Brazil, though larger than
in May, were 30 per cent smaller than in June, 192$,
while the June clearances of coffee from Brazil were
laarger than* those of either the premons month or a
year ago. Tea imports were larger than in May but
were mote than 20j per cent smaller than those of a
year ago*
' •
SUGAR: ISTFOBTS, MELTINGS ATO; KEFINEBY
(Jiine, 1325, is latest month plotted)

of the total number in use. More leeoiHotives were
installed in June than in any month since the end of
1924, while the number of railroad locomotives retired
in June was greater than in either the preceding
month or June a year ago?. The number of locomotives instaled during the first half of 1924 was 14 per
cent smaller than during the same period of 1924,
while the number of locomotives retired during 1925
thus far was 46 per cent greater than during the same
period of I§24. At the end of June, 1925, fewer
locomotives w^re on the lines than a year earlier but
the aggregate tractive powet oa June 30, 1925 was
greater than that of a year agoy indicating larger
average tractive power per new engine installed.
Electric railway passenger traffic, though smaller
than in May, was larger than in June, 1924,, according
to reports from 213 electric railway companies having
more than 25,000 miles of revenue single track and
almost 3,,000 miles of bus route.
^^ SHOKTAGE, SUPPLIES, AND BAD-ORDER FREIGHT CABS
""*"

(June, 1925, i$la$8SfcisontIi plotted)

WATER TRANSPORTATION

Traffic through the Sault Ste. Marie Canals was
slightly smaller thae in June, 1924, while for the
season through June the traffic was about 60 pa: cent
larger thaa during the same period of If24. River
traffic on the OMo between Pittsburgh and Wheeling;
was smaller than in May, bat laargpr than in June,
1924, while for the calendar year ihus far traffic
between the two points was 15 per cent gareatei than
during the corresponding period of 1924,
Entrances and clearances of vessels engaged in
foreign trade were greater than in either May or a
year ago, the increases in these two items over June,
1924, being solely due to larger tonnages of foreign
bottoms. Ocean freight rates between Atlantic ports
and European points continued to average lower in
June,
KAIL&OADS

Car loadings were larger than in either the previous
month or a year ago, the general increase over June,
1924, feeing solely due to larger loadings of forest
products, ore, and miscellaneous merchandise. For
the first lialf of 1925 ear to®disgg were S per cent
larger thua during the §®m& period el JS24. The
surplusage of servfee&lfe frdyfe^ e&rs <^sfinued to
decline during Ofam® si&i at tto caad: of feat month,
due in a considerable ciegree io tte larger car loadings,
was 14 per miit smaler tha^ a year ago. Bad-order
freight cars coifeniecl to ineireas% oa tte ^ther hand,
standing at th&€Hd? (>f $im& ai SvS p«r cent of the total
in use.
Locomotives in bad order continued to decline in
June, standing at the end of that month at 17 per cent



i

1921

I

1922

I

I&23

1'

1924

1

1929

DISTRIBUTION MOVEMENT

Sales at retail by mail-order houses were larger in
June than in either the preceding, month or June a
year ago,, while for the first half of 1925 an increase
of more than 10 per cent was noted in ite business of
the 2 large houses as compared with the same, period
of 1924. Sales by 10-cent chain stores were seasonally
smaller than in May but were larger than in Ju&e of
last jrear^ while for the first & months of the current
year, aggregate sales of the 4 large chains were 12
per ceait greater than during, the same period of 1924,
part of tM^ increase being due to a larger number of
unit stores,
Postal receipts in the 100 largest cities were greater
than in Juner 1924, partly because of the higher fates
prevailing under the new law effective April 15, 1925.
Newspaper advertising in the principal cities was
smaller in June than in either the preceding month or
a year agt>, while for the first half of 1925 little change
was meted from the saase period •&£ the previous year.
Advertiskig for appearance ia Ji&ly magazines was
larger than a year ago.

20
SALES BY MAIL-ORDER HOUSES AND CHAIN 10-CsNT STORES
(June, 1925, is latest month plotted)

•

.

decrease in the short-term debt. Receipts and expenditures of the Government both increased over
June, 1924. The amount of money in circulation on
June 30 was the lowest with one exception since July,
1924.
LIFE INSURANCE

New sales of life insurance, both in number of
policies and in policy values, were seasonally smaller
than in May, but the risks accepted during June were
15 per cent greater in value and more tfran 10 per cent
greater in number than during June, 1924. Admitted
life-insurance assets continued to mount in June, while
premium collections in June, though smaller than in
May, were considerably above those of a year ago.
Sales of food by two large restaurant chains were
smaller than in either the preceding month or June,
1924, despite a larger number of unit stores at the
end of June, than at the end of either comparative
period.
BANKING
Check payments in June were larger than in May,
both for New York City and outside, and were considerably higher than a year ago. For the first half
of 1925, check payments outside New York City
exceeded the first half of 1924 by 10 per cent while in
New York City the increase amounted to 20 per cent.

SALES OF ORDINARY LIFE INSURANCE, BY GEOGRAPHICAL.
DISTRICTS
(June, 1925, is latest month plotted)
1000

LOANS AND DISCOUNTS AND TOTAL INVESTMENTS OF FEDERAL
RESERVE MEMBER BANKS
(June, 1925, is latest month plotted)

2
3
.4
5
6

Federal reserve banks had more discounts and
deposits at the end'of June than a month previous,
but smaller note circulation, investments, and reserves, the reserve ratio remaining the same, at 77
per cent. Compared with a year ago, discounts, investments, and deposits increased while circulation
and reserves declined. Member banks showed slight
increases over the end of May in loans, investments,
and deposits, and increases of 9, 15, and 9 per cent,
respectively, over a year ago. Interest rates were
unchanged from May for commercial paper and call
loan rates averaged slightly higher than in May.
The total outstanding Government debt showed a
reduction of almost 2 per cent during June, due to the



1922

1923

UNITED STATES TOTAL
EASTERN MANUFACTURING^
WESTERN MANUFACTURING.
WESTERN AGRICULTURAL \
SOUTHERN
FAR WESTERN

1924

1925

21
During the first half of 1925 new sales of life insurance
exceeded those of the same period of 1924 by 10 per
cent in the aggregate value of new estates thus created.
Sales of ordinary life insurance by geographical districts exhibited the greatest increases over the preceding year in the Western States, the accompanying
map showing the geographical limits of these districts.
The chart on page 20 gives the sales of ordinary
insurance for all geographical districts since 1922.

GOLD TRADE BALANCE, SHOWING EXCESS OP IMPORTS AND
EXPORTS
(June, 1925, is latest month plotted)

CORPORATE FINANCE

Prices of both stocks and bonds rose during June,
though highest grade railroad liens averaged less than
in May and railroad stocks showed little increase.
Municipal bond yield at the end of June was one
point higher than a month precious. Trading in
securities was in less volume than in May, while compared with a year ago stock sales were larger and bond
sales smaller. Total security dealings for the first
six months of the year were considerably higher than
in the 1924 period, except for Liberty bonds.
Dividend and interest payments by corporations
have been higher each month than the corresponding
month a year ago, July showing the greatest increase,
with 9^ per cent, dividend payments alone increasing
7 per cent. For the first seven months of the year total
dividend payments were about 5 per cent larger than
a year ago, street railways making the greatest relative gain and industrials the largest absolute gain.
Business failures decreased slightly from June in both
number and liabilities, and bank failures were smaller
than in the previous quarter in both respects. For
the first half of the year the number of failing commercial firms was 6 per cent greater than a year ago, but
liabilities were over 20 per cent less; bank failures
declined about 40 per cent in number and liabilities.
The issuance of both corporate and municipal
securities was much less in June than in both the
previous month and in June, 1924. The balance of
agricultural loans outstanding with the intermediate
credit banks and with the War Finance Corporation
was §iso reduced.

FOREIGN EXCHANGE AND TRADE

Upward movements in the foreign exchanges
occurred in British, Indian, Argentine, and Brazilian
currencies, while French, Italian, Belgian, and Japanese exchange declined in terms of the dollar. Dutch,
Swedish, and Canadian exchanges were unchanged at
par, while Swiss exchange was at a premium of 1
per cent, the same as in May.
IMPORTS AND EXPORTS OF MERCHANDISE
(June, 1925, is latest month plotted)

GOLD AND SILVER

Although both imports and exports of gold declined
SO per cent or more from May, the excess of gold
exports remained at about $2,000,000 for the month.
Domestic gold receipts at the mint increased over
May and over a year ago, while the Rand output
declined from May and was slightly higher than in
June, 1924.
Silver imports and exports both increased over
May, the excess of exports remaining at more
than $3,000,000. Silver production was greater than
in either the previous month or June, 1924, while the
price of silver advanced over May.




The foreign trade of the United States was practically at a balance in June, both imports and exports
amounting to about $326,000,000. The import figure
was about the same as in May, but exports decreased
$45,000,000. For the first six months of the year
export trade was 13 per cent higher than a year ago
and imports were 17 per cent higher. Exports exceeded imports by $300,000,000 in the first half of
1925, as against $240,000,000 in the 1924 period.

The index mmfceia presented;ia tMs table are designed to sJaow tb& tee&d Ian
etc-* in various groups of industry and commerce. They consist in general of weighted coiaAiaationa o£ series
of individual reEtive numbers; often the individ.ua! relative numbers makfngrup the series are also givem. The j
function of index and relative numtxsrs is explained on the msfdb front cover. A condensed form of this table |
is given on page 9.
MailsinS
<feail,
W20

;

June

May

AprQ

1920

^KR CENT INCREA«m (+%
G» DECREASE (-)

1»^5

1^54

Mini•mum
since
Jan. 1,

June, 1925,
ffom
May, 1925

June, 1925,
from
June, 1924

8t

-3.3

0.0

131
209^

0.0
3.2
45.5
-4.5
I. rtU

+ 13.0
+ 11.2
+ 18,5
+ 1.0

Juee

May

A'piil

PRODUCTION
( Relative to 191? monthly aw»f« as 100)
RAW MATERIALS

Grand total

......

n

179

M ;

g*

S9

m

117
188
SI
105
101
127
163
115
66
104

116
19^
87
102
23
14(»
164
12t

111
145

115
23
St
87
68
215

«f

;

MINERALS

62
146
105
M6
41
RitHTIxinoils COftl
-- 137
0
Anthracite eoaL. ....---- -,.-.. - — —-— — — 121
0
241
Iron ore *.
17
* MS
177 . 74
38
Z»inc
.... ....... 13T0
m
Ctoltf
.
— - Ul
80
145
Silver .
..„
._ ., ..

Total

!

Ift7
130
189^
196
78- i S&
93
106
2
85
13&
131
143
157
lit ! 12^
8G
80
100

; 120

t

1^1

216
91
111
105
139
168
127
72
111

8;5

117

m

105
fO*

'

I'M

177
121
73
113 j

©iO
+ &.4

+3; 0

? +m4

+8.. 6
+ 5.2
+ ffi6
+-8. 7

47

Hrl. 4

41^8

A3WMAL PKODUGTS (marketing)
TotaL
Wool*.:
Cattle and calves
Hogs
.

-,._....

-™
...

Eggs * .™iiiiririiririiiriiririiir
.Poultry *
.
_
f»

IX

*

FU&- «-«..^- ^.— —
Milk (New York)
CK0PS (marketings)
Total
.
Grains*
Vegetables*.
..
Fruits*1 . .
GotKon products *
I^isceHftflwtous: ©fdps- *-^«. .

...... . . .
.
..

.

^8
227
143
177
MS
245
390
137
190
246
242
254
£01
278
170

!
i
•
f

8*
19
58
64
54
30
21
45
94

118
1^4
56
64
85 ' m
117 i 1W
60
59
209
220
79
90
95
100
1» - 1^

43
43
58

54
m 5^
55
68
67
121 * J» \ 15t
87
155

m

19
»

m
im

F

! m'
m
24

;

i

68
154
90
103
141

m

105
134

29

m

:

75

190
S4
99
143

±10
115
85

m

-C3
:

-CO

—20, 7
+ 317
—18. 3
+ 4.- 4
-ST. 2

+13& 0

0:0

+&871
-5.. 3
-44. 2
106
**• 1
i
70
•*-"?..
146 , +i7.5
; 155
48. 4

—^£2

+41. 7
+ 9. 9

49
54
55
1.8
43
79
61
+ 29.5
134 i 14& ! 147 ; +a,5.
86
118
83
2a 7
42T
28
11
60; 7
1$ i ^?
19
— si-i?-

124

19
2®

MS
50
85

3; £

+ 17.9
£0

'33 1
42 I
—m9

FOREST PRODUCTS

Total
. . ... .-.=.Lumber
..... ... .
.»
PulpwoaiL
.
...
...
Gum (rosin and turpentine) * =
Distrfted wood
.. _ . - .
^

155
133
164
267
149

61
59
61
20

12£ 1 1S^
127 1 122
164
136
103
216
108
98

f^O
117
110
227
82

T%*

130
1*5
12f
130
147
154

71
64
77
54
32

im
11^

im

m

m

%m

146
106
102

1#£ • 130
61
13fO •5 -1« \ —f. 5
121
90
— 25; ^
208
251
+ 201 7
106
97
-8. 5

00

+§r4
—M 2
+ 10! 6
+ 18. v3

MANUFACTURING

Grand total (adjusted for working dasys).
Grand total (una<^j'iistedr) . .......
•
Foodstuffs.
.
Textiles
Iron and steel- -«~— .—
.
.
£urober .
Leather. _....-.. ..,—.« .^.^— -.^^"- >
Paper and printing^.. — ^«.—»^^.^.^
Cbemicals, oils, etc ,
.
Sttorue aaid eiay proxiiiKjtBL^- .^.-.-„ .*..
Metals,, excepting iron and steel^..^...
Tobacco .... . ...
.
Mttfceilaneous.— *...* .- . ....-*

:

m
im ' m ;

121
171
1M
1»
125
f»

69
92
6^
71 .7037

104
97
115
142

m
im

141
129
176

ioa

131

• Fluctuations between maximum and miaimuia d«*largely to seasoaal coaditioa»r




1&8
112
114

100
121
m W
9^ •-. 74
146 1 132
72
go
117 i 1^
137
147
130
139
15g
114
115
95
' 115

m

;

137 136
136^
12^
127
114
95
101
112
m 95
123
Wl
118
152
149
150
80
93 ' 82$16^ : 1^3 f 112
164
156
159
141
149
156
184
im 18£
112
107
113
15^
150
152

-0. 8 !
--QiS
+ 1Z9
4 0
-^.^ i

a7
2 4

+iaa
+11.1

+€7

— 0; 9

3 0
4. 5
--t^
+fii9
-1.3

+3I.# ,
+36.0
5. 8
+35. 7 [
+$&&

:

+16,1

+ 14L.6
+ 16; 5

17

+57.9 :

23
INDEXES OFBESINE3S—CtratHKrod
Maiimum
since
Jan. 1,
1920

Minimum
since
Jan.l,
1920

w^t
April

May

PER CENT INCREASE (+)
OR DECREASE (— )

1935

Juae

AprU

May

June

June, 1925,
from
May, 1925

June, 1925,
from
June, 1924

STOCKS
(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)

Total
..
;_
Raw f ood&tiiffs
* ..... -...-»-... \
Raw materials for manufacture.. _......
Manufactured foodstuffs .. . . .....»...- ~ _
M^ftnufac^iTGfl coBjmuodftfffts
!
(Unadjusted indei)
Total
—
~
Raw f oo(Jsi»uff s
Raw materials for MantilacturB -_
..Manufactured foodstuffs . .»«.-. . .
*
M^anufftc^tnrcd commod^^cs
UNMIXED ORDERS

155
2S3
189
115 !
175

91

73
89
58

136
164
109
E6
163

±U
178
157
105
98
86 .
87
169
169

141
176
120
75
171

144
201
100
73
171

140
186
98
76
168

£8
—7. 5
-2. 0
-H,l

44.5
418. 5
0.0
— 12. 6
0 6

m;
239
1S7
115 :
175 j

S4
70
68
56

m

137
84
87

145
19f
105
69
173

136
181
$4
64
171

134
171
91

n
tm

-1. 5
5 5
-3.2

m

136
178
.97
73
165

-M& 8

45.5
424. 8
48.3
12. 6
0, 6

40
32
25

54
40
112

47
35

43
32

54
42
IW

53
39

—a, 8

tor

M
37
106

418.6
415.6
421.18

€9
59
43
62
88
58

77
1€4
56
81
110
72
64

^

96
52
83
105
70
64

79
7f^
mi
107
65
55
75 ' 79
115
107
85
77
68
-75

83
105
55
84
110
82
80

+«. i

46

W
108
69
79
114
81
*1

4-4,0
0.0
+ 6. 3
+ 2.8
H-6. 5
+6. 7

49.2
49.4
45.8
41.2
44.8
417. 1
425.0

148

49

1114

9»

m

M7

95

1W

-HL3

413.5

366
214
258
187
193
282
186

84
55
119
109
106
109
72 :

178
88 ?
211
145
130
205
178

174
82
214
150
143
186
150

162
7£
200
143
131
169
140

195
107
258
159
134
210
177

191
96
254
163
143
195
149"

187
99
257
if 7
134
184
152

2 1
4-3. 1 •
41.2
42. 5
6 3
4. 1
42. 0

210
151

80
100

133
141

127
136

120
127

!3t5
140

128
135

126
128

16
5. 2

415.4
432.0
428, 5
416.8
42.3
4&9
48.6
45. 0
4<X£

m

141

154
W
74
108-

m

im

L8

18

(Relative to 1020 monthly averages as 100)
(Iron, Steel, »nd Building Materials)

Total (8 commodities) - .
Iron aikd stocl
• •*•«<•*
Building materials
• .. ' ~
WHO^ESAL,B TRADE

... 116
- 112
~ 153

1 m ; S7

5 1
0. 9

(Relative to 1919 monthly average as 100)
(Distributed by Federal Reserve Districts)

C*fand total, all classes
.
Hardware (10 districts)
Shoes (8 districts)
Groceries (11 districts)
Drugs (7 districts)
Dry goods (8 distriets)
Mieats
- -

. . .l*f
».
129
-_. 136
_.
:.__ 135
133
,
,_,
_ ; 150
» 80 ;

BETAI& TBAB-E
(Relative to 1919 monthly average as 100)
1

M AIL-ORDEB H O U8BS {4 houses}

,....

CHAIN STOKES:
Xen-ceut (5 chains)
;
Music (itf&ains)-*
.
Grocery (27 chains)
.
Drug (9 chains)
,
.__
'
Cigar (3 chains}
....
C&ndy (5 chains)
I
Shoe (6 chains)..
-..
...
DEPARTMENT STORKS:
'
Sales (359 stores) .... . - - ..
Stocks (514 stores)
•-*.
MMPLOTM BHT
!

(Relative to 1923 monthly avrags as 100)

H^nmber employed, by imdustrfes:
Total, all classes
i
Food products .. «... .
Textiles
^ ..._-. . .
!
Iron and steel
....
...
Lumber...... ... .. _. ..«..
Leather-..
.
Paper and printing
...
Chemicals
>
Stone, clay, and glass.
.
;
_
Metals, except iroti and steel
.. ..
Tobacco produefesr
.
.
Vehicles
Miscellaneous
..*
ifiinoe Jan. 1,1921




95
91
92
93
91
88
94
89
98
97
92
88
101
100
101
92
102 * 102
100
94
92
92
95
90
94
88

88
94
84
$5
95
83
99
85
99
87
92
85
85

92
91
90
89
87
87
91
88
89
88
87
87
94
m 94
$2
w 86
1Q&
101
99
102
87
89 ;
100 . 101
100
92
3% ; ^2
92
36
"91
92
92
SO
94
93
SI

11 i
42.3
1. 1
0.0
41. 1
•4 4
— 1.0
2 2

4LO

ao
-1.1

42.2
— 2.2

4». 3
53

448
424
11
43.6
0.0
42.4
42,0
45.7
-1.1
45.9
47.1

INDEXES OF BUSINESS--Continued
1924

Maiimuni
since
Jan. 1,
1920

Minimum
since
Jan. 1,
1920

EMPLOYMENT—Continued
(Relative to 1923 monthly average as 100)
Amount of pay roll, by industries:
Total, all classes
.i
...
Food products _ _
Textiles
.._-_
Iron and steel
Lumber
.
Leather
. .. .'
--Paper and printing
Chemicals
.s. ..
Stone, clay, and glass .
Metals, except iron and steel
Tobacco products
. *Vehicles.-.
.Miscellaneous
;
PRICE INDEX NUMBERS

April

May

PER CENT INCREASE (+)
OR DECREASE (— )

1S25

June

April

May

June

June, 1925,
from
May, 1925

June, 1925,
from
June, 1924

97
95
90
98
102
88
104
100
109
101
90
97
99

92
96
83
91
101
83
103
94
108
89
92
91
95

87
98
79
82
99
79
101
89
106
79
95
84
86

94
88
91
91
97
88
104
99
105
92
76
97
97

94
90
88
92
98
87
104
94
107
90
93
97
99

92
93
85
89
100
82
103
91
106
90
92
93
93

-2.1
4-3. 3
-3.4
-3.3
+ 2.0
-5.7
-1.0
-3.2
-0.9
0.0
-1. 1
-4. 1
-6. 1

+ 5.7
-5.1
+ 7.6
+ 8.5
+ 1.0
+3.8
+ 2.0
+2.2
0.0
+ 13.9
-3.2
+ 10.7
+8.1

FARM PRICES

(Relative to 1909-1914 average as 100)
All groups
.. .
..
Grain
Fruits and vegetables
Meat animals
Dairy and poultry
....... .-.-.-.
Cotton and cottonseed
Unclassified

235
283
373
186
215
304
180

116
88
108
91
122
76
74

ISO
113
128
106
126
226
98

129
114
132
107
123
222
94

130
116
146
105
123
219
95

147
152
146
146
131
189
94

146
159
162
139
132
184
87

147
164
184
139
132
183
74

+ 0.7
+ 3.1
+ 13.6
0.0
0.0
05
14 9

+ 13.1
+41. 4
+ 26.0

US
243
248
346
281
203
300
213
275
208

188
114
131
171
162
109
155
121
170
111

148
139
137
189
179
139
182
128
175
113

147
136
137
187
177
134
180
127
173
112

145
134
136
187
175
132
173
127
172
111

156
153
154
190
169
129
174
134
171
129

155
152
153
188
168
127
174
133
171
131

157
155
155
188
173
126
171
133
170
138

+ 1.3
+ 2.0
+ 1.3
0.0
+ 3.0
-0.8
17
0.0
0 6
+ 5.3

+ 8.3
+ 15.7
+ 14. 0
+ 0.5
11
4 5
12
+ 4.7
12

+24.3

247
244
249
249
311
218
375
272

1S8
118
146
1S5
122
103
152
165

148
135
151
154
166
119
195
174

147
135
150
152
168
115
195
171

145
130
151
147
165
109
182
168

156
131
166
161
173
141
1S7
168

155
131
164
160
176
134
189
167

157
135
165
162
175
141
181
167

+ 1.3
+3.1
+ 0.6
+ 1.2
06
+ 5.2
4 2
0.0

+ 8.3
+ 3.8
+9.3
+ 10.2
+ 6.1
+ 29.4
05
06

267
246
272

142
102
125

158
140
182

156
133
183

154
129
179

163
141
173

162
139
171

163
143
173

+0.6
+ 2.9
+ 1.2

+5. 8
+ 10.9
34

218
227

!34
115

153
136

152
133

153
133

160
145

161
148

162
150

+0.6
+ 1.4

+ 5.9
+ 12.8

205
219
186
288
200
192

155
139
143
153
149
171

162
141
185
177
168
174

161
141
185
176
165
174

162
142
185
174
165
174

165
151
182
171
165
175

165
152
182
172
163
175

167
155
182
174
164
175

+ 1.2
+ 2.0
0.0
+ 1.2
+ 0.6
0.0

+ 31
+ 9.2
1. 6
0.0
-0. 6
+ 0.6

+32.4

+ 7.3
1fi 4.
-22. 1

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
„ , „.».--.•.„. ..W-.-TChemicals
JToufie-furnisriing goods
Miscellaneous... . ..................
Federal Reserve Board Regrouping of Department
of Labor Indexes
(Relative to 1913)

All commodities... ....................
Producers' goods ...
. ...
Consumers' goods
Total raw products
. ..............._
Agricultural products
. .
...
Animal products. ...................
Forest products
Mineral products
. .... ...
Federal Reserve Board Indexes
(Relative to 1913)

All commodities
*
.. .
Goods imported..... .............
Goods exported ........ ..
...
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




...

25
PAGES TO SAVE IN EARLY ISSUES
Continuing and revising the data first presented in
the February, 1924, issue (No. 30) of the SURVEY
OF CURRENT BUSINESS there is given below the list
of pages which may be saved from the early issues in
order to secure a complete list of data not subsequently published. This list does not include the
quarterly or semiannual issues, as beginning with
May, 1922, issue (No. 9), certain early figures had
to be omitted to make room for later data and it is
thus advisable to keep each large number from that
time. References to monthly data prior to 1921 are
shown in the detailed tables for each item in this
issue.

Cotton consumption north and south, 191$ to 1923 (chart) in
March, 1924, issue (No, 31), page 10.
Cotton ginned, by years, 1912-1923 (chart) in April, 1924, issue
(No. 32), page 9.
Cotton and wool, world supply and distribution, in March, 1923,
issue (No. 19), page 11.
Electric fans, annual sales, 1916 to 1923, in May, 1924, issue
(No. 33), page 12.
Employment, trend by districts (chart) in July, 1922, issue (No.
11), page 15.
Employment, seasonal, by industries, in November, 1922, issue
(No. 15), page 8, January, 1923, issue (No. 17), page 8,
and February, 1923, issue (No. 18), page 18.
Failures, by districts, 1916 to 192$ (chart) in January, 1924,
issue (No. 29), page 18.
Failures, relative to bank clearings (chart) 1910-1922, in FebPages to
ruary, 1923, issue (No. 18), page 20.
Description of data
ISSUE (DATE AND NUMBER)
save
Failures, relative to fire losses (chart) 1920-192$, in December,
1923, issue (No. 28), page 21.
42-39
1920 data on many items.
June, 1922 (No. 10)
18-21
June, 1922 (No. 10)
Index of marketing of animal products.
Failures, adjudicated in Federal Courts, 1912-1923, in February,
15-21
July, 1922 (No. 11)
Employment by districts and index of
1924, issue (No. 30), page 22.
crop marketings.
41-46
July, 1922 (No. 11)
1920 data on many items.
Failures, trading, manufacturing, and banking, 1913-1923, in
17
September, 1922 (No. 13)..
Fertilizer report, first half of 1922.
22-25
September, 1922 (No. 13)..
Indexes of mineral and total raw material
April, 1924, issue (No. 32), page 57.
production.
Failures, national banks, 1870-1923, in March, 1924, issue (No.
September, 1922 (No. 13)...
47-51
Monthly data for 1920 and 1913.
6
October, 1923 (No. 26)
Seasonal movement, butter and cheese.
31), page 22.
45-47
October, 1922 (No. 14)
Monthly data from 1920 and to 1913.
47-49
December, 1922 (No. 16)...
Monthly data from 1913.
Fertilizer production, etc., first half of 1922, in September, 1922,
8, 12, 13, Fabricated steel capacity, glucose and
January, 1923 (No. 17)
issue (No. 13), page 17t
15, 16
starch distribution, and employment.
January, 1923 (No. 17)
22-28
Index of manufacturing production.
Gasoline and kerosene consumption, by States, monthly data for
51
January, 1923 (No, 17)
Data from 1920.
March, 192a(No. 19)
11, 12, 18 Distribution cotton, wool, and glucose.
1921, 1922, and 1923, in June, 1924, issue (No. 34), pages
March, 1923 (No. 19).
45-50
Data from 1919 and 1913.
51 to 53; gasoline figures for 1924 in May, 1925, issue
April, 1923 (No. 20)
11, 16, 17 Cotton ginnings, paint and varnish, and
patents.
(No. 45), page 28.
April, 1923 (No. 20) .
46-56
Data from 1913.
June, 1923 (No. 22)
....
20
Business failures by districts.
Glucose
and starch distribution, in January, 1923, issue (No. 17),
June, 1923 (No. 22)
46-52
Data from 1913 and 1920.
45-51
page 16; March, 1923, issue (No. 19), page 18; May,
July, 1923 (No. 23).-.
Data from 1913 and 1920
September, 1923 (No. 25)... 46-57
Data from 1913 and 1919.
1924, issue (No. 33), page 18; and February, 1925, issue
October, 1923 (No. 26)
16,18
Railroad equipment and paint and varnish.
(No. 42), page 19.
October, 1923 (No. 26)_._
51-£1
Data from 1913 and 1919.
December, 1923 (No. 28)-— 15, 19, 21 Automobile employment, railroads, and
Glue and gelatin, annual production, 1922 and 1923, in May,
fire losses.
1924, issue (No. 17), page 17.
December, 1923 (No. 28).... 52-56
Data from 1913 and 1920.
January, 1924 (No. 29)
19-22, Index of manufacturing production and
Lighting
equipment, output 1922 and 1923 in July, 1924,
early data.
47-50
March, 1924 (No. 31).... .
7, 13,
Miscellaneous new data; data for earlier
issue
(No. 35), page 19.
years.
15-18,
21-23,
Livestock on farms, 1913 to 192$, in February, 1923, issue (No.
54-56
18), page 127.
April, 1924 (No 32)....
Seasonal trends of commodity stocks;
27-28,
business failures; miscellaneous data for
52-61
Loans, distribution by national banks, 1911—1923, in March,
earlier years.
June, 1924 (No. 34)
51-57
Data for earlier years.
1924, issue (No. 31), page 21.
July, 1924 (No.35)._.
52-61
Data for earlier years
October, 1924 (No. 38)...,.Locomotive and freight car installations, 1907-1922 (chart) in
52
Architectural terra-cotta bookings and
shipments, 1919 to 1924.
October, 1923, issue (No. 26), page 18.
March, 1925 (No. 43)
Data for earlier years.
27,28
April, 1925 (No. 44)
Data for earlier years.
27-29
Locomotive
tractive power, 1907—1922, in December, 1923, issue
May, 1925 (No. 45).... „
27,28
Data for earlier years.
(No. 28), page 19.
June, 1925 (No. 46) . ..
25-28
Data for earlier years.
Machine tools shipments, 1901-1923, in April, 1924, issue (No.
32), page 55.
INDEX OF SPECIAL DATA
and varnish production, 1920-1922, in April, 1923,. issue
The following list contains special data of current Paint(No.
20), page 16. 1922-1923, by half years, in October,
interest previously published, which are on an annual
1923, issue (No. 26).
or other basis not permitting a continuance of current Patents issued, 1913-1922 (chart), in April, 1923, issue (No.
figures.
20), page 17.
Automobile employment and output, 1921 to 1924 (chart) in Pork products, imports in United Kingdom, 1909-1923, in
March, 1924, issue (No. 31), page 16.
March, 1924, issue (No. 31), page 13.
Automobile production and building contracts (chart), 1920-1925 Revenues of Government agencies, 1912 and 1922, in March,
1924, issue (No. 31), page 18.
in July, 1925, issue (No. 47), page 17.
Butter and cheese, seasonal movement (chart) in October, 1923, Wages and supply, farm labor, 1913-1922, in March, 1923,
issue (No. 26), page 6.
issue (No. 19), page 45.




DATA DISCONTINUED

,

i

The fflllowrag may be 01 use as a reference to tiua
latest quarterly or s&miaaausA numbes! in wihkfa dtscontisueei da$ak are giros, monthly figures fojr
where available, usually being found in the May,
issue (No. 9).
Price, wool, Ohio J£ and % grades, Boston, fe
issue (No, 24), p8g#6r.
Price, wool, Ohio fine, Boston, and to produee?^ tit M&y,
19SS, issu0 |lfe. 21), page 5£
Stsefcs of wool held by €^vei3Q^ieat in Ma^v 1^2, issue
(No. 9), page 41.
ConsuiBfpti«i4 of wool, inc!mMsgcest!Mate$, in
issue (No. 12), page 42.
Ctetton &toek%. Md: "elsewfeese^ and*
May, 1924, issue (N«. §&), psgeri-J.
Fttf fell5 baits, production, etc^, im Ms?yrr 102^ issue
33), page 58.
Ptftisfeed eo4toa- goodsf detailed1 fofflagsf €Jr<tos> ete
November, 1924, issue (N&*
Ctetlfcii print ctotfes, price,
(No. 42), page 41.
Metals:
Merchant pig iron, production, orders, etc:, m Augttst,
1924, issue (No. 30), page* 73. .
Cast-iron pipe, production, shipment, and' orders, m $&;y,
1924, issue (No. 3^3), j>age 110!
"SM^meiits" of iron;ore~thrtrag!lr ^ault^^er. Marie caaratHn
February, 1925, issn^-(N"o. 42), page 4^.
Receipts and shipments of lead and 'zincrsEt St. to«ig; in
r, 1924, issue (No. 3&)-t page ^3.
shipments, nr Fefenrary, !925, issue (No.
42)-, page 52*.
Washing-machine sales, details by gas; water power; etc.,
in November, 192$, issue (No; 39y, page 97.
Paper:
Printing pui*etiase» an^ sftles- a^d
tion, in August, 1923, issue (N0;
Eal^Si- pro^u-ctka^, in? BgbrtEasflr, , 1923^ issa& (Mo;,
page 82.
Baofing; feit, st^efea, reeeipta. of raw material, etc.v
November, 1924, issue (Kkt
Leather?
Production and stocks:, ©£ faneyr
les^feer, m Qseiofeer 1, ll^L^ i^uet
Price of hemlock sole leather, in May, 1<.9£&,. is^ue
Foodstuffs:
Stocks* of imported rtce at warehousBa, nt May,
(Nb1. 21J, pager I2f.
Sugar production and stocks in April;. T924', issue (No; 32),
page 60.
Pork, wholesale price, loins, in August, 1923, fesw (Ho.
24), page 191.
Candy sales, by manufacturers, in August', 1924, issue (No.
SB), page 185.




t

World crop production, in September, 1924, issue (No. 37),
ai FfaMade^hia. ki Auga^ 1924,
U5;, eariier, data from 1920. aptjFearing, jb
temberx 1922, issue (No., 13) ^ page 50.
Milk consumption by products, in February, 1925*,. issue
(No. 42),.pagel03T.
Sweet cam, unsold1 stocks* fa Idwa^Nebras&a eanaerfe^r, in
Fe^uary, J&25, feeue (Ncr. 42),

42),
Costs, hotel and6 office1 buiMfngu, hr Novearberj
Contracts for hospitals, public, social, and religious
mgs> m~ August J9Q3", isstte (N». ^*), psges^ 95 tfc 97.
Sanitao-y pottey orders, in Mwy, 1923^ issuer- (No. 21)^
page 103.
Michigan hardwood and softwood lumber, in August, 1924,,
issue (Ndv 3&^ pages 117 and M9t
Southern construction coatcacts, m November, 1924", issue
(No. 39),pa^e85;
in February, 102% i
financfa?:

August, 1^23, festre5 (No. -2^,
on Germaay^ ia August,. 192^, issus

Credit conditions by «eettais,. in. November, 1923, issue
(No. 2<ft> i^ge^ 184 to 186i
Corporate s^curitfes, derfealls b^ classes, in^ Novemher^ fdS^;
issue (No. 33)v page" 1ST.
War Finance Corporation advancements andJ repayments,
in. November^ 192^ issme CNo, 391), fags 189;
Domestic and foreign m«oey coders, quarterly, in August,
inioigal bond issues; Soathertt- States, in, N&vember*
1924, issue (No. 39),
Antliraicite coal, stow,, retail price, in May, 1922, issue (No.
9), page 56;
Msfeogra€cess€»iy sale%,eta^imMaisii, 1924,. i
page 56.
Employment, TMni Federal reserve district, m Cfc
1923, issue (Ife .2^v pa^ 57.
Gkbe&* be*Me»i predu^tiea i« Pebruapy, 1924-, i«
30), page 9m
Jcmes. Bi;oa.' Tea Co^ sales, in MayJS 1924^ iasu« (JSk*
33), page 183.
Explbsives, details, by classes, fa November, f92M, issue
(No. 3^f, page 1W.
Foreign wholesale prices, in February, 1925, issue (NtK-'iSfaForeign employment, crop, met^J, an^i eoa£ prmisetl®ii in
^f f pages- 296^2^3.

2.7

RECEIPTS OF WOCKL AT BOSTONl
[Thousands of pounds]

1913

MONTH

1914

1915

1916

1917

1918

1919

1920

1921

1923

1923

1924

1925

TOTAL RECEIPTS
The year

March

..«..«.. 225,137

334, 876

429, 615

440, 193

506,585

503, 477

479, 017

274,064

343,073

433, 764

417, 101

312,015

15,172
15,771
17,349
10, 965

24, 090
32,074
28,.371
34, 258

17, 447
27, 357
50, 825
44, 833

48,421
60,.666
43,779
36, 803

59, 715
31, 310
39, 605
42, 783

44, 667
. 30,038
34,651
27,500

20,475
15, 946
23, 276
30, 726

16, 312
19,288
36,336
56,185

20,073
42,753
71,009
51, 075

26,886
25,246
39, 946
34,194

45, 793
46,875
64,537
53,585

30, 159
18,100
37, 985
16,919

38, 987
18, 285
32, 886
19, 215

12, 586
16,183
37,180
40, 776

33,042
42, -5-11
65, 165
33, 805

59, 946
31, 519
54, 374
42, 169

48,269
43,103
40, 537
44,588

36, 703
55, 364
57, 407
54, 241

50,602
37,779
70,473
47, 276

37, 695
46, 149
90, 796
66, 347

15,734
23,133
23,,65128,587

20,044
14, 225
27, 157
31, 294

40,972
36,656
71, 307
42,634

53, 383
44,403
33, 843
21, 125

19, 018
28, 125
37, 441
37,336

16,206
27, 824
45,922

22,535
11, 108
8,739
16, 770

13,829
10,308
8,611
8,813

19,871
19,941
24,051
37, 023

13,102
11,621
16,093
33, 213

34, 107
23, 052,
18, 344
53, 937

46, 472
36,408
42, 868
34, 744

52, 548
22, 895
24, 270
47, 893

20,211
8,068
13, 419
13, 143

17,028
13, 536
15,696
19, 183

21,304
20, 530
31,446
42, 643

13, 907
7,511
11, 676
20, 463

18,986
15,626
22, 860
29, 460

190, 907

145, 136

200, 240

13,825
13,407
10,899
9,655

6, 727
5, 990
9, 337
8, 109

11,823
5,458
12, 342
9,965

3,418
4,807
5,475
4, 075

16,717

10,586
; 22,144
26,081
17,680

11,367
25, 918
35, 864
32, 660

8, 866
20,490
38, 378

$594
10,434
$637' ' 4, 335
9, 715
8; 202
7,855
15,511

14,865
11,050
12,299
16,629

- --

-

July
August

—

September
October

- .

.

. -

December

.

DOMESTIC RECEIPTS
The year
February

...

June
.
July
August. ... fc

........... 161, 801

190,731

181, 701

205,195

210, 125

183, 297

213, 905

105,707

143, 720

6r519
6,068
5,464
5,582

11,215
9,.547
7,925
9,515

13,787
11,427
13, 301
5, 375

10,039
17, 757
14, 086
14,739

12,347
10,311
11, 677
7,967

7,153
7, 032
6, 039
7,831

5, 278
6,416
8,545
10, 929

6,715
5,. 559
5,545
4*494

3,465
4,035
6,143
5,695

15V9Q9
9, 158
29,619: '. 17,913
38,099
54>182.
25,788
31, 676

21,249
18,930
34,825
34, 736

15,108:

19, 156
37, 532
39,582

9,695
19,526
52, 946
38, 931

24,759
32,034
50,854
30, 804

3,928
13,077
15,950
21,, 912

7, 851
12,830
24,693
27,327

11,841
9, 138
10, 447
9, 539

9,751
8,996
10r136
9,952

18, 793.
17, 294
11, 131
9,228

13,756
8, 546
5, 224
6,618

14, 711
9,553
8,826
11, 194

12,00&
6,699
4,, 580
5,; 242

14,740 ;
10, 885
10, 965
15, 091

_ . __

_

*

November
December . ... ........... .

9; 125
14+272
35,948
36, 929

18,584
7, 965
5,560
9,802

6>665
5,, 237
6,.966
8,224

:

;

29,278
40,516
21,809

FOREIGN RECEIPTS
The y0ar ..»...^ ,.,-.-.>.
January
February
March
April

May
June
July

.1—

... - _.
....
.

September
October
November

..._._...

....

63,336

144,145

247, 914

234r998

296,460

32<5rISO~

265,112

168, 357

I99i 353'

242,857

271, 965"

117, 775

8,657
9,703
11, 885
5,403

12, 875
22, 527
20,446
24, 743

3,680
16, 130
37, 524
39, 458

38, 382
42, 909
29, 693
22, 064

47, 368
20, 999
27,928
34, 816

37, 514
23,006
28, 612
19, 669

15, 197
9,530
14, 731
19, 797

9,597
13, 727
30, 791
51, 691

16,608
38, 718
64, 866
45,380

13, 061
11, 839
29,047
24,539

39,066
40,885
55,200
45, 476

18,336
12, 642
25, 643
6,954

35, 569
13, 478
27, 411
15, 140

3,461
1,911
1,232
3, 847

17, 133
12, 892
10, 983
8,017

50, 788
13,606
16,275
10, 493

27,020
24, 173
5,712
9,852

21, 595
36,208
19, 875
14, 659

40,907
18, 253
17, 527
8,345

12, 936
14, 115
39, 942
35, 543

11, 806
10, 056
7,701
6,675

12,193
1,395
2,464
3,967

24,255
7,378
30,791
20,825

42, 797
22,259
7,762
3,445

7,651
2,207
1,577
4,676

7,340
7,334
7,544

3,951
3,143
3,179
6,968

7,224
5,071
1,645
589

8,030
10, 803
13, 604
27,484

3,351
2,625
5,957
23,261

15, 314
5,758
7,213
44, 709

32, 716
27, 862
37, 644
28, 126

37,837
13, 343
15, 444
36, 699

8,203
1,369
8,839
7,901

2,288
2,651
4,731
4,092

12, 710
11, 893
21, 731
34, 788

3,473
3,176
3,474
4,952

4, 121
4,576
10, 561
12, 831

i Originally compiled by the Boston Chamber of Commerce, and beginning February, 1925, by the Boston Grain and Flour Exchange, all classes of wool being combined
without reduction to grease equivalent. Wool receipts at Boston usually comprise about two-thirds of all wool imported into the United States and about half of the
domestic wool clip.




28
RAW SUGAR
[Long tons]

1919

MONTH

1920

1921

1922

1925

1924

1925

MELTINGS i

Monthly average
January
February
March .
April

.
_
..

.

May
June
July
August
September
October
November
December

. .
.
_
...

326 547

334 981

296, 130

429, 002

345, 730

378 937

194, 269
329,901
374, 648
391, 652

235, 746
328, 898
439, 244
432, 437

129, 324
261, 686
433, 185
347, 500

297, 813
438, 798
538, 562
535, 299

269, 685
391, 871
530, 653
435, 554

255, 319
432, 605
442, 775
426, 954

299, 040
413, 742
539, 058
542, 264

435, 104
417, 527
422, 732
354, 780

419, 204
456, 627
484,445
395, 449

332, 213
294, 356
308,000
407,044

550, 663
564, 043
499, 172
551, 858

497, 171
368, 265
295,820
288,729

440, 208
454, 313
507, 318
450,158

460, 822
478, 833

376, 274
276, 910
203, 881
140, 884

253,146
177, 627
223, 355
173, 592

252, 817
264, 410
285, 893
237, 135

328, 577
299,670
321, 777
221, 797

251, 370
389, 199
238, 499
191, 942

419, 818
344, 404
221, 836
151, 541

"

STOCKS i

Monthly average
January
February
March
April

_ .

May
.
June
July
August
. ....
September
October
November

.

115 706

106, 017

158, 830

191, 101

175, 770

184, 473

97, 362
153, 602
129,468
191, 168

47, 761
106, 100
115, 752
116,830

103, 783
135, 723
128, 053
257, 509

85,602
163, 817
281, 879
293, 692

74, 764
126, 732
85,550
341, 645

58,682
110, 081
249, 064
283,541

83, 659
123, 302
184, 668
282, 892

216, 777
170, 264
124, 235
98, 476

95,028
99,320
168,885
167, 975

277, 607
244, 253
161, 226
150, 785

280, 222
274, 350
313, 735
240, 331

322, 457
291, 670
224,054
196, 867

342, 197
337, 110
313, 796
216, 277

325,906
376,868

58,365
76, 695
67,566
14, 497

96,736
74,956
81, 931
100, 935

135, 101
76,764
76, 431
68,730

165, 702
97,043
62,892
33,951

209, 375
116, 502
62,839
56,788

154, 835
66,522
32, 172
49, 393

i Meltings of raw sugar by refiners compiled by the Statistical Sugar Trade Journal represent operations at the eight ports of Boston, New York, Philadelphia, Baltimore, Savannah, New Orleans, Galveston, and San Francisco, the Baltimore figures being added in 1921 upon completion of refinery in that city. The figures from the four
North Atlantic ports are actual monthly totals, those for San Francisco, Savannah, and Galveston are prorated from weekly totals, while the New Orleans figures are prorated from partly estimated figures. Stocks represent the amount of raw sugar in the hands of refiners and of certain importers (the bulk of stocks being in refiners' hands)
at the end of each month for the four North Atlantic ports and on the Saturday nearest to the end of each month for the other ports, the total being considered as of the last
day of the month. Details of meltings and stocks by ports are given in the Statistical Sugar Trade Journal, also classification as between importers' and refiners' stocks.




29

Table 1.—INDEXES OF PRODUCTION
[Index numbers for base year in boldfaced type]
FEDERAL RESERVE BOARD
INDEXES

DEPARTMENT OF COMMERCE INDEXES

Raw materials1

Manufacturing
(64 com modi ties)1
YEAB AND MONTH

Unadjusted

Adjusted

Total

Agricul- Mining 3
Crop Animal
ture 3 (H (7 commarket- products
Forestry comIngs (26 (9 com- (13 com- modi- modiMinerals
ties)
(9 commodities)
commodities)
modi- modities)
ties)
ties)
Relative
to 19091913 av.

Eelative to 1919

Manufacturing 3
(34 commodities)

22 basic
commodities <
(corrected for
seasonal
element)

Relative to 1919

100
98
79
101
119
113

100
98
79
101
119
113

100

114
126
98
109
147
138

100
111
91
95
131
122

100
94
112
113
102
118

100

100

95
98
106
117
117

102
86
110
121
119

1OO
91
105
110
108
117

100

98
103
107
113
118

117
92
95
132
122

100
102
80
104
124
115

100
105
80
98
120
108

...
.

116
109
129
125

111
118
124
130

116
88
98
91

133
118
135
130

124
110
125
121

115
73
75
61

113
95
114
111

107
96
120
120

114
81
90
78

134
117
135
128

121
116
134
131

121
120
125
124

. -

135
126
114
121

130
126
119
116

96'
94
96
120

154
160
164
171

135
138
140
146

55
54
64
113

127
119
128
110

135
133
122
135

86
86
91
111

137
136
137
143

138
129
119
127

127
122
121
120

September
October
November
December

113
123
113
105

118
118
113
109

130
155
140
129

153
167
149
135

130
145
131
125

144
184
158
133

108
122
123
129

124
132
120
106

128
158
144
130

126
143
130
123

118
129
119
109

114
118
116
110

1934
January
February
-.
March
.... '
April. . _ .....

118
117
124
118

113
122
124
118

109
101
94
.. 87

140
134
132
117

130
124
122
107

93
87
71
54

119
105
107
118

111
114
117
129

106
96
81
- 77

138
130
128
110

123
124
128
123

121
121
117
114

May
June
July ...
August

112
100
101
109

108
104
101
109

94
89
97
121

139
138
142
142

120
' 117
121
122

60
66
73
129

124
117
117
108

132
120
111
124

87
87
100
121

114
110
113
116

113
98
97
105

104
94
95
94

114
121
110
112

114
116
114
112

162
179
156
143

147
156
134
135

128
135
120
124

193
246
195
168

110
112
125
139

119
123
114
108

152
189
160
143

124
134
122
130

113
124
113
117

103
109
10S
117

122
115
128
129

117
124
128
129

120
95
96
86

145
124
129
129

133
113
118
116

119
81
75
49

114
102
111
115

116
111
124
129

119
88
86
73

141
119
123
118

127
120
134
132

127
124
120
119

127
125

127
125

91
89

152
152

131
131

55
54

115
110

132
120

80
81

125
125

129
126

111
110

1919
1920
1921
1922
1923
1924

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average _
1933

January
February
March
April...

....
........

May
June
July
August.

..
.....

. . . - --

September
October
November
December..
1925

January
February
March
April
May
June
July

. .*

"4

October
November
1
Weighted average of 64 commodities (glass bottles having been dropped from the original 65 commodities), representing about 36 per cent of the entire manufacturing
Industry, based on value added by manufacture, as compiled by the U. 8. Department of Commerce, Bureau of the Census: For details see January, 1923, issue (No. 17) and
January, 1924, issue (No. 29) of SURVEY OF CURRENT BUSINESS. The adjusted index eliminates changes due to the varying number of working days in each month, thus
enabling comparison of productive activity to be made on a basis of 26 working days for each month. Details of the method employed appeared in January, 1925, issue
(No.2 41), p. 28.
.
.
.
Weighted averages, compiled by the U. S. Department of Commerce, Bureau of the Census, representing 87 per cent of minerals, 94 per cent of crops, 99 per cent of
marketed livestock and its products, and 80 per cent of forest products: For details, see the following issues of SURVEY OF CURRENT BUSINESS: Minerals, May, 1922 (No. 9)
and September, 1922 (No. 13); crops, July, 1922 (No. 11); animal products, June, 1922 (No. 10); forestry, August, 1922 (No. 12); total, September, 1922 (No. 13). The indexes
relative to 1919 are weighted in accordance with production in that census year, while the mineral index relative to the five year pre-war average is weighted by the average value
of mineral production in the years 1909 to 1913.
8
Weighted averages compiled by the Federal Reserve Board: For details see issues of the Federal Reserve Bulletin for March, 1922, and March, 1924.
< Weighted averages compiled by the Federal Reserve Board and corrected for seasonal variations: For details, see December, 1922, issue of the Federal Reserve Bulletin.




Table 2.—INDEXES OF COMMODITY STOCKS ANI> INFILLED ORDERS
[Index mimbe» for base ytmt IB bobWaced type}
STOCKS t (held at end of meivth)

Adjusted for seasonal element

Unadjusted indexes

YlLIB AND MOSUH

JTofcrf'

Raw
mate* Manu- Manufacfacrial
tured
tured
for
commanu- food* i
raodlstuff* i
factie*
ture

Raw
foeds tuffs

UNFILLED ORDERS*

Raw
foodstuffs

Total'

Raw
mate- Manu- Manufacrial
facturer!
ffcr
tured
commanu- foodmodistuffs
facties
ture

Relative to 1919
1919
1920
1921
1922
1923
1924

montMy average...
monthly average...
monthly average...
monthly average. __ ;
monthly average... !
j
monthly average

1923
January ....
February
March
Apr!

May...
June
July.
August

.

,

10®

10O

100

96
132
126
1!19
135

89
161
192
144
156

106
147
110

156
1*30
132
123

175
201
215
196

mi

100
94
78
72
81 i
85

£00

1

73
75 i

;

77

i

77 i

121
122
118
114

121
116
117
117

73
86
94
94

116
121
129
131

111
115
114
125

88
80
77
76 ;

135
141
152
159

118
118
122
125 .

76

157
161
164
165
168

j
!
'

120

:

123
107
98

89

83
82
78
83

!

104
103
102
1=04

130
110
93
96

September ...
October.
November
December
..

H3
127
132
135

108
120
133
147

114 I
1-68
181 ;
149

1924
January
. _.
February
March
...
April

132
141
146
138

151
186
212
178

ISO
116
103
97

May
June
July
August

129
127
122
121

154
137
119
119

127
H2
H5
155

122
148
154
191

162
1«4
BO
145

219
234
239
199

B6
1:36

181
171

September
October.
November
December

. _

,
_.

..

1935
January
February. .
March
April
May .
June
July.

'

;

77
75
73

Iron
and
steel

Building
materials

Kelative to 1920

98
135
117
130

mi

165
157
161
169

roo

10©
47
62
74
52

100
48f
64
57
39-

41
95
129'
106

111
102
101
96

70
71
76
76

124
121
117
113

85.
93
1OL
95=

69
75
78
76

149 J
1691
193?
173i

93
95
94
111

79
88
87
85

117
121
128
136

877768,
60

71
65
59
63

154
125
104
90

119
113
122
141

118
130
123
119

83
80
82
81

140
141
147
146

58,
54
5358-

49
44
4£?
45

95
91
»4;
109

136
137
136
136

164
173
169
164

125
117
110
109

74
75
79
86

161
161
161
163

6363.
61
54

47
47
46
40

130,
129
124
112;

141
134
130
134

178
157
151
160

105
98
95
100

86
87
89
87

169
169
161
164

47
43
44
46

35
32
31
32

98
87'
96:
107

148
154
153
184

118
129
135
136

90
86
84
88

165
160
155
152

46
43
53.
62

34
34
42
49

97
81
99
114

!
!
!

!

143
146
134
133

'

90
84
82 ?
83 j

74 :
87
100
102

169
164
159

1

too ;
93 ;

157
K7

83
82 i

158
162

135
137
135
143

85
83
74
69

169
175
173
173

155
152
149
141

192
187
192
176

149
139
130
120

87
86
80
75

175
174
171
171

62.
63
58
54

50
59
46
42

115
115
105
104

64
82

171
168

144
144

201
187

100
98

73
81

171
168

53
51

39.
37

107
106

M6

168 i
181 j
174 I

;

Total

1'57 1
137 :
120
105
94
91

""""—-*
September
October
November .. .
December.... .-_„„..._.
1
Weighted inder of stocks of comnroxiities in bands of manufacturers or in otler visible hand* at the end of eacli montia^ compiled by tfce W. S; Department of Com*
merce> BwrtaM of tlie Census, from data on 45 commodities; Detaffe are gtvan in t&e February* 1924, issue (No. 30) o£ tb» SISSVET o* CUSREwf BUSINESS, wfaila?seasmai
eliminations
are given in the April, 1924, issue (Ncn 32^.
3
Weigntedf iwfox of unnlled orders of manufaeliurers in the iroa and steel and buttdiitg industries a^ the ead of eac& n^ffifeh eom^ted by W.. Si DtpwrtmmtoJ Commerce,
Census: Eor details see May, 1923, issue (No. 21).




Table 3t—PJIUXES OF WHOLESALE PIECES
[Base year in boldfaced
COMPILED BY U. S. DEPARTMENT Of LABOR. (Revised) 1
Farm
product*

Food,
etc.

Metals
an<i
metal
products

Cloths
Fuel
and
and
cloth- (lighting
ing

YEAR AND MONTHI

AU
Bund- Chcmfc- Hoiiseing
fiitrnisfa- Miscel- comlaneous
modimate- cateand
drugs
ties
rials
goods

BRADDUN'S2 STREET'S
2
(1st of
(1st
of
month) month)
«

25
404
300
31
65
96
32
43
56
95
2®
37
commodi- commodir commodi- commodi- commode commodi- commodi- commodi- commodi- commodi- commodi- commodities
ties
ties
ties
ties
ties
ties
ties
ties
ties
tie*
ties

Index numbers relative to 1913
1913 mrmthly average
1914 monthly average -1915 monthly average
1916 monthly average-1917 monthly average
1918 monthly average
1919 monthly average
__
1920 monthly average
1921 monthly average • 1922 monthly average- 1923 month! y average
1924 monthly average

19®

100

190

1W
I0#
I®
190
21$

102
105
121
1€7
188

98
98
127
175
228

231

207
220
144
1=38
144
144

253
295
ISO
181
200
191

141
143
144

196
199
201
205

. m
12*

I33i
1*1
1431

1933

January
i February
March
April...

.

143
142
143
141

.

m

i
:

100
93 1
88 i
126 f
169

I

170
181
241
199
218
185
170

\
:
]

;

218

I

212
206
200

1
i
i

i

100

100

10O

100

1OO

100

100

85
99
162
231
187

92
94
120
157
172

101
134i
181
202

106
109
106
125
153

95
95
121
148
156

9*
101127
177
194

101
105

162
192
129
122
144
135

201
264
165
168
189
175

175
196
128
117
123
117

206
22®
147
14$
154
15ft

191
207
141
142
157=
157

203
204

136
124*
131
130

184
254
195
176
183
173

133
139
149

131
132.
135
138

184
184
186
187

124
126
126

156
15f
159
150

153
154
15&
160

14ft
149
151
151

215;
169

200J

178

:
1
:

152
148
145
145

202
194
190
186

134131
128
127

187
187
187
183

125
123
121
120

156
15?
151
150

159
158
156
154

148
145
142
139

176
172
167
162

;

144

i
1
!

142
141
142

182
182
181
178

128
123
130
130:

183
183
176
176

121
120
118
116

154
153
152
151

155
158
158
158.

140
142
143
146

!

142
143
144
139

181
182
182
182

132
131
130
128i

176
176
175
175

117
113
113
113

151
152
150
148;

157
153.
158
15,4

144
143
140
137

177
175
173
170

134
132
130
130

180
173
169
169

127:
127
127
130

173
172
171
171

112
111
112
115

147
145
147
150

153
152
153
155

136
133
133
137

168
162
163
165

128
127
129
133

171
171
172
175

131.
132
134:
135

171
171
172
172

116
120
123
129

149
152
153
157

156
158
160
164.

139
141
145
147

167
169
167
161

151
151
150
149

160
161
162

145
148
150

:

127

201
198
193
193

September
October
November
December

144
144
146^
14$

147
148
148
147

202
199
201
203

144
14#
137
138?

143
143
141
137

200

136

145:

137
136
139
144

187
187
188
100

143
149
150
1ST

148
152
154
T58

187
188
190
191

163
162
161
153:

160
157
159
154

191
1,91
191
190

168
178
174
169

136
136
134
129

179
183
180
174

135
135:
134134

173
173
170.
171

127
125
125
129

160

152
155

153
155

188
188

168
173

127
126

174
171

133
133;

171
170

131
138

155
157

.

;

132
14S
140

154

144
142
141
142

....

m

;

139
13$
135
139

:

199

i9a

ior

128
170
268

188
192
198
204

May .
June..
July.
August .

:

i2a

100
97

190
186

183

1984

January
February
• March1..
• April

_^__

May
June
July .
Augustr _

134
1*1!

.

September
October
November
December

_
._

19£5
January... _
February
; March'..
April
May
June
July
August.

.

. .

September _
October.
November-.
December.............

.

169
180
181
179

m
191
189
;

.
.

;

_
.

are arr

monthly
data for period 1913 to 1922, see the Monthly Labor Review for July, 1922, p. 60.
2
Dun's and Bradstreet's index numbers are calculated
- - - - culated to a 1913 base from the actual figures as published
by the amount " annually consumed by each inhabit




161:

161
156

32

Table 4.—INDEXES OF WHOLESALE AND FARM PRICES
[Base year in boldfaced type]
WHOLESALE PRICES'

YEAR AND MONTH

AgriculAnimal Forest Mineral
tural prod- prod- prodprod-* ucts
ucts
ucts
ucts
21
quotations

21
quotations

11
quotations

35
quotations

Total
raw
products
88
quotations

FARM PRICES'

All
ProConcomducers' sumers'
3
modigoods i goods
ties
117
quotations

199
quotations

404
quotations

Index numbers relative to 1913

100
103
98
119
174
203

100
92
90
102
135
157

100
92
97
138
191
181

100
99
101
126
187
205

100

100

92
97
143
184
181

1919 monthly average..
1920 monthly average..
1921 monthly average..
1922 monthly average..
1923 monthly average..
1924 monthly average..

250
255
134
145
168
174

221
186
110
125
122
120

211
312
166
185
211
186

180
236
185
208
186
170

218
229
142
159
159
154

1923
May
.. ..
June
July
.
August
.........

167
165
154
152

122
119
120
125

226
215
209
203

189
184
179
177

December

163
172
179
181

131
122
115
115

196
197
196
191

1924
January
February
March
.
April

182
176
165
166

116
116
118
119

July
August

168
165
176
175

September ....
October
November
December
...

May
June
July

^

6
quotations

4
quotations

31
quotations

9
quotations

5
quotations

2
quotations

5
quotations

101
102
119
163
191

92
103
120
126
217
226

100
92
100
83
123
202
162

100

100
98
101
127
177
194

108
112
104
120
173
202

100
100
101
99
106
133
160

100
97
85
78
119
187
245

100
94
95
95
100
130
157

100
100
102
100
117
176
200

179
214
135
128
141
133

211
231
159
151
156
156

206
226
147
149
154
150

231
231
112
105
114
129

189
249
148
152
136
124

206
173
108
113
106
109

182
197
151
135
147
136

247
248
101
156
216
211

162
152
90
94
109
100

209
205
116
124
135
134

161
158
153
153

148
144
141
137

156
155
154
154

156
153
151
150

123
119
112
109

157
161
165
151

108
103
105
104

136
135
133
138

211
207
199
190

102
107
99
101

135
133
130
128

176
171
165
165

158
155
154
153

139
139
138
136

158
159
169
158

154
153
152
151

111
113
110
108

131
123
114
114

112

100
98

144
156
166
166

204
221
238
253

100
94
96
98

132
134
136
137

194
195
194
195

170
177
179
174

155
156
154
154

136
139
137
135

156
154
153
151

151
152
150
148

110
113
114
113

118
123
128
128

101
102
104
106

155
152
136
126

255
247
219
226

99
98
99
98

137
136
131
130

115
109
114
123

195
182
175
175

171
168
167
166

162
147
152
154

135
130
130
131

150
151
153
156

147
145
147
150

114
116
130
141

132
146
142
138

107
105
103
116

123
123
122
123

222
219
215
219

94
95
101
103

129
130
132
139

164
172
176
186

123
130
124
• 129

180
181
182
187

166
165
166
169

152
156
155
161

130
129
131
132

158
161
163
167

149
152
153
157

140
150
147
155

113
109
108
110

115
121
115
113

133
142
150
158

175
182
179
176

100
102
106
102

132
138
137
139

196
193
183
173

133
136
148
141

193
201
196
187

172
175
173
168

167
169
169
161

134
136
135
131

169
167
168
166

160
161
161
156

172
178
172
152

122
131
138
146

123
126
145
146

154
142
134
131

182
183
195
189

94
96
94
94

146
146
151
147

176
175

134
141

189
181

167
167

160
162

131
135

164
165

155
157

159
164
152

162
184
178

139
139
148

132
132
134

184
183
186

87
74
76

146
147
148

1925

February
March
. ...
April .........

All
groups

100
100
102
112
130
211
243

May

Dairy
and Cotton Unpouland
try cotton- classified
prodseed
ucts

Index numbers relative to 1909-1914 average (fiscal years)

1909-14 monthly av
1913 monthly average..
1914 monthly average. _
1915 monthly average..
1916 monthly average..
1917 monthly average..
1918 monthly average..

September....... .
October
.
.

Fruits Meat
and
Grain vegetaanimals
bles

; 106

"

i First eight columns give the revised wholesale price index numbers of the U. 8. Department of Labor Statistics, as reclassified by the Federal Reserve Board into the groupings as shown The weights are the same as those used by the Bureau of Labor Statistics and the total of all commodities is therefore the same as the revised Department
°
°e^
OF ^
CuwSSJButiNBSJ^eSgSSed "Farm Crops," and « Livestock," respectively. The weights used are>the average.annual marketings by farmers for the period 1919-23.
For the detailed explanation of this index see August monthly supplement to" Crops and Markets'' published by the Department of Agriculture.
a The term "consumers' goods" in general applies to those commodities which because of their finished condition are ready for consumption; the term "producers' goods'?
applies to those products which are essentially still in the raw state or semifinished condition requiring additional manufacture.




33

Table 5.—COST OF LIVING AND RETAIL PRICE INDEXES
[Base year in boldfaced type]

YEAR AND
MONTH

1913, mo
1914, mo.
1915, mo.
1916, mo.

av
av. fi .
av.«_
av.«_

1917, mo.
1918, mo.
1919, mo.
1920, mo.

ALL
CLOTH- FUEL
SUNAND DRIES
FOOD SHELITEMS
TER
ING LIGHT

FURNITURE
RETAIL RETAIL
FUEL
AND
MIS
CLOTHHOUS- AND HOUSE
FOOD
COAL
FOOD
CELLA- TOTAL PRICES
ING
ING
PRICES
LIGHT FURNEOUS
(J)
(2)
NISHINGS

Index numbers compiled by National Industrial
Conference Board relative to July, 1914 3

Index numbers compiled by U. S. Dept. of Labor relative to 1913 *
100.0

111

100

100
100
102

100
103
120

100
102
104

100
100
104

100
101
109.

105.0
105.0
126.0

100.0
101.0
104.7
120.0

100.0
100.0
101.5
102.3

100.0
101.0
101.0
108.4

100.0
104.0
110.6
127.8

100.0
103. 0
107.4
113.3

100.0
103.0
105.1
118.2

100
102
101
114

100
100
100
104

av.8_
av. 6 _
av.6.
av.6.

146
173
186
205

105
118
129
154

143
185
205
261

126
138
144
168

117
152
164
185

131
159
172
198

157.0
187.0
195.5
198.5

149.1
205.3
241.6
223.0

100.1
109.2
119.8
143.0

124.1
147.9
151.2
183.4

150.6
213.6
244.3
289.6

140.5
165.8
181.7
204.8

142.4
174.4
188.3
208.5

146
168
186
203

118
127
151
171

1921, mo. av.«_
1922, mo. av.'.
1923, mo. av.'.
1924, mo. av.7.

156
142
146
146

169
166
173
184

166
155
170
175

183
179
180
169

184
173
173
174

167
157
161
164

149.3
141.5
146.5
146.1

199.7
172.7
175.5
173.5

160. 0
161.2
164.2
167.8

181.1
180.1
183. 0
179.9

230.1
205.1
221.1
217.1

207.8
201.6
200.8
201.3

177.3
167.3
170.9
170.7

153
142
146
146

192
191
194
194

1933
September
October
November
December

149
150
151
150

175
175
180
180

175
176
174
175

176
178
176
176

173
173
174
174

163
164
165
165

149.3

176.5

164.4

181.3

222.4

201.1

172.1

150.3

176.3

166.5

184.0

222.4

201.7

173.2

149
150
151
150

192
199
200
200

1924
January
February
March
April

149
147
144
141

180
180
185
185

176
177
176
177

175
175
172
168

174
174
174
174

165
164
163
162

149
147
144
141

199
199
198
190

May
June
July
August

141
142
143
144

185
185
186
186

176
174
171
176

165
165
166
166

174
174
173
173

161
162
362
163

141
142
143
144

189
190
191
191

September
October
November
December

147
149
150
152

185
185
184
184

174
177
173
173

166
167
168
169

173
173
175
175

164
165
165
166

147
149
150
152

193
194
194
194

1935
January
February
March
April

154
151
151
151

184
183
182
182

174
172
173
171

169
169
169
165

175
175
175
175

167
165
165
165

154
151
151
151

194
194
194
187

152
155

182
182

172
174

163
164

175
175

165
167

152
155

187
188

May
June
July

100

143.7

175.9

167.0

182.2

221.3

201.1

170.4

142.4

174.2

168. 0

177.7

216.0

201.1

169.1

146.8

172.5

167.8

179.1

214.9

201.1

170.6

151.5

171.3

168.2

180.5

216.0

201.7

172.5

155.0

170.6

167. 4

176. 7

102.7

114.3

173.5

October
"
•

1 The retail food price index compiled by the U. S. Department of Labor, Bureau of Labor Statistics, represents the changes in the price of 22 articles of food as
reported by retail dealers in 51 of the largest cities as of the 15th of the month. Monthly data from 1920 appeared in July, 1922, issue (No. 11), p. 41.
2 The retail coal price index compiled by the U. S. Department of Labor, Bureau of Labor Statistics, is based on Pennsylvania anthracite, white ash, chestnut^
as of the 15th of each month in 37 cities. The annual figures from 1913 through 1920 are based on two quotations a year, on January 15 and July 15; thereafter
monthly
averages are used.
3
Index numbers up to March, 1922, represent retail prices on the first day of the month, except food, which is the retail food index of the U. S._ Departmem[of

for 3 months and thereafter monthly.
.
v*. v ••« * - , , . «
- * ,.
* Index numbers represent averages for the month in 32 cities; food prices reported by 15 to 25 dealers m each city, fuel and light by 10 to 15 firms, including

fronU914 to 1918 are based on December prices each year, in 1919 and 1920 on two months, June and December, and in 1923 on May, September, and December. Thereafter, the averages are Quarterly, until 1925, when made semiannual.
.
. ,
, ^
-,
,
,
, . -,
"Figures for National Industrial Conference Board index are for July; those of Department of Labor cost-of-living index are for December; those for coal index
are average
of
January
and
July.
.
.
.
.
,
6
See other footnotes for number of months on which averages of individual series are based.
7
Quarterly average for Department of Labor index.

54240°—25t




3

34

TaMe 0.—WOOL
RECEIPTS AT
BOSTON i

STOCKS*
(in grease equivalent)

;

YEAR AND MONTH

Total

Domestie

Forieign

CONIMPORTS SUMPTH)N
(un(in
manugrease
facequivatured) 2 lent) 3

MACHINERY ACTIVIT¥ 5

Total

NarWide ' lSOW

Thousands of pounds

1918 monthly average. _ .

13, 483
15, 89*
15, 142
17, 100;
17,510
15, 275

5,278
12, 012
20, 660
19, 583
24, 705
26,682

12, 651
21, 680
34, 393
37,432
35, 083
37,811

1 919 monthly average _ _ _
1920 monthly average. _ _
1921 monthly average
1922 monthly average. _ _
1923 monthly average. _.
1924 monthly average

39; 918
22, 890
28,' 590
36,147
34, 758
26- 001

17; 825
8,80911, 977
15, 909
12,094
16, 687

22, 093
14, 030
16, 613
20, 238
22, 664
9, 3-15

37, 158
21, 635
26, 717
31, 329
32,854
22, 328

44,125
54, 510
53, 467
44, 813

1923
September
October
ISFovember
December

1% 907
7; 511
11, 67£
20; 463'

10,434
4,335
8,20215, 511

3,4-73
3,176
3,474
4, 952

7,883
9,566
9,815
11,797

46, 616
51, 815
50, 279
45,452

1924
January
February
Search
April

30,159
18; 100"
37,985
16i 919

11, 823
5,458
12,342
9,965

18, 336
12,642
25, 643
6,954

30, 786
39,487
4i; 058
29, 457

53, 845
50,633
47,630
44, 36-1

IVIay
June
Julv
August

11, 367
19; 018
28; 125 25,918
37, 443. ! 35,864 ;
32, 660
37; 336

7,651
2,207
1, 577
4, 676

18, 916
16,397
6,061
8, 631

36, 507
30,972
33,778
40,064

September*
October
November
December

1$ 986
15, 626
22J; 860
29; m

14; 86511, 050
12, 299"
16,629-

4, 121
4,576
10,561
12, 881

12,129
16,638
1:6,501
31,873

45,638
54, 854
48, 380
51,098

38; 987
18, 285
32, 886
19,- 215

3, 418
4,807
5,475
4,075

35,569
13,478
27, 411
15, 140

47,504
37, 725
35, 7$1
28,911

51, 435
46, 415
45,853
43, 287

16; 206
26, 824
45>922

8, 866
20,,490
38, 378

7,340
6, 334
7,544

22, 387
20,468

38, 246
38,176

monthly average. _ _
m onthly average1. _ _
monthly average. _ _
monthly average"

-

_.

Carpet
and
rug

Sets
of
Combs
cards
Woolen

Worsted

Per cent of active hours to total reported
;

18»761
27, 906
35; 801
36, 683
42; 215
41, 95"6

1913
1914
1915
1916

Spinning
spindles

Looms
Held by
n>r-!iu- Held by
facdealers
turers

•

223,883

214, 527

410, 381

213, 129

207, 111

158,029

203, 270

39-1,248

211,515

179,733

359,612

199,455

160,157

79
77
84
90
94
90

77
78
79
90
90
86

77
74
85
90
98:
89

74
77
74

72
70
64
65
76
62

57
67
51
77
82
66

84
70
72
89
99
88

84
75
89
91
98
80

84
67
72
86
92
85

79
74
82
79
92
66

67
74
74
66

81
84
85
71

94
93
93
87

•86
86
85
83

89
88
8981

83
87
8374

73
71
71
66

67
67
66
53

75
76
73
64

87 !
95
99
91 :

90
94
91
78

86
90
92
88

73
777
74
67

68
62
58
58

62
57
50
54

54
49
52
57

89
85
77
73

61
53
53
68

83
79
72
72

57
48
44
51

6®
74
77
78

59
65
72
70

65
72
78
76

87
92
92
92

86
98
96
92

86
91
90
92

67
79
76
78

76
75
71
68

72
69
68
68

78
81
86
76

92
93
94
89

89
88
77
67

88"
90
92
87

76
74
66
60

66
65

59
59

73
70

86
82

58
64

85
83

54

;

:

77

77
71

201,154

:
371,158

68
67
71
80
73
57

78

250,865
:

415, 681

73
77
73
91
89
83

71
64
69
68
83
69

c 529, 174 6 183, 917 6345,258
7 533, 473 7 247, 412 7' 286, 061
8506,623 8291,318 * 215, 305
247, 431 233, 437
480, 867
207, 803 175, 297
383,100

474,748

75
74
74
86
87
84

i

'

1
\

v

m

85'
80

1925
January
February
March
April
IVTay
June .... w _
July
August
„September
October
November"
December

,-.

„-

w -w
^.-

305, 958

179, 244

126,714

382,596

179, 203

203,394

sa

_,* - ,-

_

1
Receipts of wool at Boston compiled by the Boston Chamber of Commerce through January,-1925', and' since that" date" by the Boston Gram cenft Flour Exchange. They
comprise usually abotit two-thirds of all wool imported and about half of the domestic wool clip. All classes of wool are combined in these figures, without reduetionHogrease
equivalent.
2
Imports are from the IT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and total wool of all classes, without reduction to grease equivalent.
3
Consumption of wool by textile mills from If. S-. Department of Agriculture, Bureau of Agmultwal Ecowmics, \mtil April, 1922, when-thecompilation was transferred"
to the U. S. Department of Commerce, Bureau of the: Census. Thesfr data* reported- by almost 600 manufacturers represent nearly 80 per cent of the industry, the figures
from the American Woolen. Company/ and from 10 to 20 other concerns- not being included. The figures are reduced-to grease equivalent by multiplying scoured wool by
2 and
pulled wool by 1H- Further details as to classes- of wool and districts- are given in press releases.
4
Stocks of wool; held by about 600 manufacturers and about 400 dealers from:-the tT." S. Department of Agriculture, Bureau of Agricultural Economies', until April, 1922,
and thereafter by that bureau jointly with U. S. Department of Commerce, Bureau of "the Census. Figureshav# not been received" from practically the same manufacturers
as fail to report on wool consumption; while:-about 15 dealer^do not-repert. Stocks in dealers 'hands
include U. S. Government stocks taken over during'tne war" and finally
disposed of shortly after the end of 1921. Stocks include wool, tops, and noil& and are reduced to;grease equivalent in the same-manneras in" the' coHsuinptSoii report'; further
details
as to classes of wool, etc., are: given in press releases,
5
Percentage of active wool machinery compiled'by the TJ". S. Department ofCommerce,- Bureauof the- Census, beginning wltn June, 11)59; From October, 1918, throngfr
May, 1919, these data had
been collected by the 17. S. Department of Agriculture, while previous thereto they were compiled by the National Assbtiation of Wo&l Miinufae*
towers. The: 1*913 figure1 is based on only one month' (November figures-as of December 1), while thereafter the averages are of quarterly/ d'ata, until 19lTwherr monthly
figures were started in the middle: of the:year. The 1917 averages are therefore based on:9 months' figures. Up to 1921, tne data.represent: the* percentage: of active machines
to total and; beginning' with 1921, the percentage of active, hours to total hcurs of plant operation. Figures on the old basis of active machines- are-still published in th«
pi«ess; releases but are not much different from the more accurate active hour figures.. Previous- to- October, 1922, these figures were originally given1ss of the first of thefollowing month\ representing the previous month's»operations,, biit these have new bees-.changed^ ta show the activity for the month to which;properly credited; where
activity of over 100 per cent is shown, overtime was reported sufficient to offset alTidle hours and leave an excess. Details as to number of spindles, etc*., are given hi press
ses.
o7 Average of the last two quarters of 1920.
Average of the first three quarters of 1921.
8
Average of the last three quarters of 1922.




35

Table 7.—CLOTHING
MEN'S AND BOYS'
GARMENTS CUT 1

YEAR AND
MONTH

Suits

Separate
trousers

Overcoats

WORK CLOTHING"

Cut

Shipments

Stock
Re- (end
of
turned month)

HOSIERY*

Production

(all

Shipments

KNIT UNDERWEAR *

UnNew filled
Stocks orders

orders

classes)
Dozen garments

Thousands of garments

Production

Thousands of dozen pairs

Ship- Rements turned

UnNew
Stocks orders
filled

Thousands of dozens

1,263

1,510

402

205, 221

193,311

3, 256

350, 479

3,352

3,331

6,259

3,410

5,755

January..February __
March
April

1,553
,566
,589
1,232

1,747
1,923
1,861
1,594

212
196
237
250

251, 953
230, 703
225, 097
208, 177

240,596
208,834
184, 887
188, 116

2,276
2,180
3,185
3,522

351, 879
362, 691
372, 566
384, 481

3,801
3,747
3,742
3,496

3,308
3,539
3,619
3,388

6,432
6,534
6,548
6,616

3,100
3,061
3,168
3,628

7,277
6,711
6,037
6,276

M-'ay
July
August

,143
,166
1,170
1,252

1,415
1,276
1,232
1,506

368
466
512
626

187, 821
153, 178
148, 820
173, 388

187, 169
170,500
165, 517
188,717

3,499
3,080
1,687
2,514

432, 542
367, 015
355, 119
306,551

3,400
3,091
2,660
2,912

3,200
3,010
2, 773
3,095

6,494
6,557
6,396
6,265

2,730
2,589
2,644
3,203

5,290
4,673
4,524
4,548

September.
October. __
November.
December.

1,050
896
1,047
1,468

1,439
1,534
1,307
1,285

657
700
360
237

212, 921
247, 194
226,279
197, 725

212, 433
228, 008
179,125
165,850

3,288
2, 645
2,092
9,103

311, 119
319, 594
313, 805
328, 382

3,107
3, 597
3,274
3,402

3, 533
3,771
3,304
3,434

5,889
5,849
5, 781
5,752

4,006
4,452
4,433
3, 907

4,980
5, 579
6,492
6,673

840
1,017
902
1,035

1,106
1,103
979
988

48
21
21
27

1,149
959
928
954

1,199
1,473
556
1,669

1,416
1,811
2,233
2,883

January...
February..
March
Aptfil

1,578
1, 626
1, 843
1,276

1,604
1,562
1,574
1,689

207
245
233
197

237, 808
252,861
290, 448
266, 256

215, 801
221, 233
253, 194
232,876

1,706
8,202
1,829
5,358

330, 893
325,958
344, 714
345, 478

3,661
3,703
4, €39
4,030

3,373
3,467
3,937
3,836

5,738
5,964
5,945
4, 874

4,400
3,852
4, 096
4,345

7,372
7,705
7,730
7,937

1,079
1,201
1,325
1,329

1,131
1, 217
1,271
1,213

23
19
26
29

981
1,030
1,103
1,208

1,832
1,264
1,210
1,033

3,585
3,614
3,472
3,333

May

1,200
1,614

1,472
1,843

290
403

237, 023
277, 021

204, 536
223 008

1,987
2,384

324, 729
346, 039

3,921
3,865

3,623
4,050

6,235
6,039

3,961
4, 179

8,034
8,302

1,223
1,185

1,119
1,148

29
55

1,252
1,279

1,112
939

3,239
2,935

1924mo.ave_

1934

June

193o

June
July
August
September.
October. __
November
December,
1
2

Compiled by the If. S. Department of Commerce, Bureau of ike Census, from reports of 467 establishments of which 4 did not begin reporting until February, 1924.
Compiled from reports to the U. S. Department of Commerce, Bureau of the Census, from 158 identical establishments of which 2 are now out of business; further details
by materials
used and sizes are given in press summaries. For January, 1924, 4 firms did not report.
3
Compiled by the If. S. Department of Commerce, Bureau of the Census, as reported by 261 identical establishments.
* Data from U. S. Department of Commerce, Bureau of the Census, compiled from reports of from 162 to 176 establishments while stoc'ks are from 70 to 83 establishments
only. Further details as to classes given in press releases. Data for the period, July, 1920, through May, 1924, representing about 30 per cent of production in 1921 and
compiled by the Associated Knit Underwear Manufactures of America appeared in November, 1924, issue, (No. 39), p. 42.




36

Table 8.—COTTON
STOCKS, END OF MONTH

YEAR AND MONTH

Production
(crop estimate) 2

Ginnings 3
(total crop Receipts
to end of into sight
month
indicated)

Imports

Exports
(including
linters)

Consumption

WORLD VISIBLE
SUPPLY *

Domestic
Total

MUis

Warehouses

Total
cotton

American
cotton

Bales'

1909-13 mo. a v _ _ .
1913 mo av
1914 mo. av
1915 mo av
1916 mo. av
1917 mo av
1918 mo av

13,033,235
14, 156, 486
16,134,930
11,191,820
11, 499, 930
11,302,375
12,040,532

13, 982, 811
15, 905, 840
11,058,173
11,363,915
11, 248, 242
11,906,480

1,203,092
1,035,730
1, 256, 604
1, 186, 402
959, 945
930, 820

e 17, 625
620,309
20,558
33, 798
32,034
23, 103
18, 781

6 728, 202
6727,0i8
6
763,775
698, 583
585, 810
401, 570
342, 696

465, 289
454,064
500, 749
551, 701
567,984
514, 712

3, 085, 132
3, 414, 852
4,898,345
4, 777, 800
4, 137, 287
4, 687, 250

1, 359, 417
1,209,177
1,552,989
1,863,668
1, 658, 513
1, 594, 578

1, 725, 715
2, 205, 675
3, 345, 356
2,914,132
2,478,774
3,092,672

4, 386, 925
4, 514, 255
5,901,273
4, 639, 578
3,918,089
4,009,395

3,094,382
3,256,082
4,448,002
3,470,325
2, 756, 811
2, 826, 666

1919 mo.
1920 mo.
1921 mo
1922 mo
1923 mo
1924 mo

11, 420, 763
13,439,603
7, 953, 641
9,762,069
10,139,671
13,153,000

11, 325, 532
13, 270, 970
7,977,778
9, 729, 303
10,170,694
13, 630, 608

1,050,988
940, 762
1,036,637
984,931
934, 750
1,105,315

29,226
49,999
23, 137
31, 008
31, 228
26, 752

546, 432
513, 261
540, 435
509, 484
439, 930
566, 241

493, 293
486, 933
450, 565
507, 294
543, 444
459,353

4, 935, 974
4, 792, 190
6, 100, 426
4,706,032
3,853,119
3,445,738

1,430,976
1,453,054
1,312,862
1,447,196
1, 480, 319
1,087,285

3,504,998
3, 339, 136
4, 787, 584
3,258,836
2,372,800
2,358,453

5, 059, 275
5, 667, 262
6, 347, 629
4, 950, 925
3, 476, 758
3, 704, 766

3,601,306
4,063,364
4, 588, 529
3, 230, 285
2, 131, 109
2,394,432

23, 593
13, 367
6,358
3, 420

160, 388
214, 851
171, 489
244, 415

620,854
542, 026
462,654
492, 483

3,214,386
2,574,652
2,044,999
1,982,798

1, 634, 167
1, 347, 468
1, 099, 556
810, 511

1, 580, 219
1, 227, 184
945, 443
1,172,287

2,967,114
2, 465, 674
2, 004, 002
1,924,949

1,432,114
1,108,674
865, 392
913,949

av
av
av
av
av
av

1933
May
_-.__
June
July
August
-- .--

11,412,000
11,516,000

1,142,660

374, 977
275, 127
291,837
537, 967

September
October
November
December

10,788,000
11,015,000
10,248,000
10,139,671

3,235,974
7,556,042
9,243,380
9,549,015

1,487,208
2,368,013
2,134,887
1, 706, 793

6,608
7,615
16,564
35, 173

689,435
774,320
767,289
845, 731

485,665
543,260
532,702
463,789

2,919,644
4,591,352
5,213,678
5, 140, 205

772,632
1,106,347
1,444,474
1, 627, 628

2,147,012
3,485,005
3,769,204
3, 512, 577

2,445,605
3,768,991
4,263,125
4,604,786

1,596,605
2,784,991
3,226,125
3,404,786

9,944,032
10, 170, 694

896,469
421, 331
369, 396
403, 471

47,693
48,602
49, 833
40, 435

546, 853
482, 146
332, 168
320, 774

578, 468
508, 677
485,840
478, 583

4,601,807
4,080,514
3, 504, 404
2, 840, 520

1,637,824
1,583,439
1, 503, 852
1, 329, 901

2, 933, 983
2, 497, 075
2,000,552
1, 510, 619

4,477,084
4, 584, 208
4, 127, 222
3,520,382

3,030,084
2,785,208
2, 365, 222*
1,834,382

16, 107
13, 641
6,597
4,138

323,357
230, 979
211, 533
277,641

413, 987
350, 021
347,099
357,455

2, 283, 710
1,831,844
1,395,514
1,363,582

1,157,428
949,647
721, 589
552,669

1, 126, 282
882, 197
673, 925
810, 913

3, 110, 135
2, 667, 297
2,190,493
1,898,309

1,541,135
1,223,297
933, 493
823, 309

1924
January
February
March
April

_ _ _

May . .......
June
July
.__
August

12,144,000
12,351,000

958, 204

405, 927
220, 426
254, 101
394, 930

September
October..
November
December

12, 787, 000
12,499,000
12, 816, 000
13,153,000

4, 525, 520
9,694,920
12, 225, 025
12, 796, 216

1,845,039
2, 807, 409
2, 767, 047
2,478,206

9,654
18,113
17, 549
48,663

737, 010
947, 556
1,306,550
1,075,923

435, 216
532, 629
492, 233
532, 047

2,587,493
4,955,510
5, 960, 831
5, 943, 128

514, 537
730, 656
1, 046, 612
1,319,265

2,072,956
4, 224, 854
4, 914, 219
4, 623, 863

2, 619, 116
4, 266, 825
5, 174, 668
5,821,450

1,688,116
3, 357, 825
4, 345, 668
4, 805, 450

13,308,037
13,630,608

1,379,161
864,323
811,452
495, 283

54,822
59, 984
33,955
22, 409

1, 076, 075
811,838
734, 697
472, 555

589, 725
550, 132
582, 674
597, 104

5, 297, 289
4, 621, 350
3, 881, 908
3, 180, 661

1,433,814
1, 546, 210
1, 644, 793
1,514,514

3, 863, 475
3, 075, 140
2, 237, 115
1,666,147

5, 830, 282
5, 644, 890
5, 059, 098
4, 545, 302

4, 722, 282
4, 327, 890
3, 564, 098
2, 942, 302

311,313
128, 743

14,219
19, 957

330, 967
217, 786

531,471
493, 765

2,483,224
1, 883, 758

1,348,304
1,123,813

1, 134, 920
759, 945

2, 253, 225
2, 969, 422
2, 342, 887

3, 848, 225
1,583,422
1, 112, 887

1935
January
February
March
April

_.

May....
June .
July
August

14, 339, 000
13,566,000

159, 373

September

1 Receipts into sight compiled by New Orleans Cotton Exchange; world visible supply from Commercial and Financial Chronicle; production estimates from U. S. Department of Agriculture, Bureau of Agricultural Economics; imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce'^ consumption,
ginning, and domestic stocks from U. S. Department of Commerce, Bureau of the Census. Linters are not included in the statistics in this table, except in the exports.
Yearly figures represent averages for the calendar year except for ginnings and production, in which case totals for the crop year are shown (not an average), and the
1913 and 1914 data on imports and exports, which are averages for the fiscal year ending June 30 of the year given. Monthly data, 1913-1921, on consumption and stocks
are given
in December, 1922, issue (No. 16), the 1921 stocks being revised in the August, 1923, issue (No. 24), p. 55.
2
The yearly figures represent the latest revised estimates of total production for the year (not a monthly average). The monthly figures show the current estimate
of total production as reported each month.
3 Figures for September are to Sept. 25 only, prior to 1924. December figures cover ginnings through December 13 only. January figures for all years cover ginnings
through Jan. 16 and February figures cover all ginnings of the crop. Yearly figures represent total ginnings for the cotton crop harvested in that year (not a monthly average). Monthly data for prior years 1914-1922 are given in the April, 1923, issue (No. 20) of the SURVEY, page 51.
* These figures represent world visible supply on the Saturday nearest the end of the month.
* All bales are running bales counting round as half bales, except for imports, which are given in equivalent 500-pound bales.
* These figures are for fiscal years ending June 30 of the year given; those following are for calendar years.




37

Table 9.—COTTON MANUFACTURING
SPINDLE ACTIVITY*

Active
spindles

YEAR AND MONTH

Per
Per
Total
cent
spindle spindle
in
of
cahours place pacity

Thousands Millions
of hours Hours
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average

.
. _

FINE COTTON
GOODS 3
(New Bedford)

FINISHED COTTON GOODS'

Per

cent

Billings

Orders,
grey
yardage

Shipments

Stocks

Per
cent

Cases

Thousands of yards

Activity

30, 560
30, 748
31, 136
32, 293
33, 400
33, 524
-

Production

Sales

Number of pieces

COTTON
CLOTH *

Exports

Thousands
of yards

e 434, 188

6 264, 810

« 37, 062
« 34, 572
43, 195
51, 687
63, 719
45, 348

446, 677
116,693
360, 964
377, 796
344, 864
279, 982

56, 920
68, 278
45, 969
48, 913
38, 705
39, 858

33, 876
33, 801
33, 052
33, 036
34,681
31, 104

7 7, 539
7,723
8,288
6,696

7206
209
222
177

792.0
93.5
98.9
78.3

85, 385
94, 016
95, 098
77, 650

90, 154
95,509
91, 504
76, 105

44,935
49, 102
48, 116
41, 863

36, 226
44, 937
46,166
43,139

65
66
68
58

383, 523
329, 571
354, 274
385, 772
438, 761
353, 851

35, 374
34, 856
34, 244
33, 705

9,309
8,385
7,136
7,569

249
224
191
202

107.6
98.8
87.4
85.4

104, 340
90, 302
70, 931
76, 322

79, 819
74, 146
61, 451
78, 022

51, 569
41, 588
35, 361
38,662

44, 445
48, 155
50, 279
49, 399

74
61
51
52

491, 660
458, 605
378, 326
430, 072

180, 914
265, 859
222, 122
444, 491

36, 335
35, 066
30, 288
38, 556

33,931
34, 336
34, 124
34, 050

7,482
8,382
8,015
7,139

200
223
213
190

93.6
95.8
96.7
87.0

77, 892
102, 695
97,531
94, 824

99, 618
§7, 985
91, 829
81,041

42, 377
49, 295
. 46, 548
46, 586

46, 665
47,686
49, 017
49, 506

61
72
66
63

430, 361
444, 079
461, 806
448, 701

438, 968
327, 694
390, 943
271, 549

38, 169
44, 795
37, 159
34,824

* 33,280
32, 711
32, 372
31,863

8,448
7,304
7,073
6,770

224
194
187
179

95.5
87.3
82.4
80.0

92, 714
85, 823
85, 110
79, 776

86, 888
81, 680
80, 300
80, 530

54, 291
47, 856
46, 469
42, 170

48, 007
45, 883
43, 948
44, 959

74
64
63
62

464, 408
409, 377
420, 622
355, 591

250, 360
191, 278
201, 281
225, 327

28,444
28, 867
30, 575
32,590

May
June
July
August

30, 484
29, 219
28, 710
28, 946

5,908
5,336
5,158
5,400

156
141
136
143

67.5
64.6
60.3
62.8

76, 574
64, 761
58, 322
63, 895

65, 610
55, 955
59,514
71, 630

39, 035
33, 397
33, 514
35, 951

43, 395
43, 586
42, 378
41, 850

52
46
45
47

190, 337
284, 726
293, 015
318, 513

127, 819
215, 566
464, 194
267, 784

44, 763
39, 349
37, 390
49, 367

September
October
November
December

30, 122
31, 079
31, 790
32, 662

6,415
7,593
7,124
7,817

170
201
188
206

76.1
85.4
87.5
90.4

70,547
86, 765
75, 822
91, 686

74, 213
90, C01
81, 689
84, 652

39, 753
44, 331
39, 052
46, 531

39, 325
40, 664
41, 516
42, 162

54
67
58
67

325, 279
385, 301
399, 820
399, 228

377, 770
251, 728
457, 359
329, 319

43, 224
53,113
46, 917
43, 698

33, 181
33, 277
33, 225
33, 413

8,493
7,868
8, 599
8,518

224
208
227
225

96.4
100.0
99.6
100.0

81, 174
81,650
94, 039
88, 986

84, 459
83, 293
86, 776
76,505

49,319
47,961
48, 879
45, 776

36, 925
36, 101
36, 121
39, 296

62
66
69
64

419, 904
388, 053
444, 886
449, 266

459, 252
525, 384
456, 715
314, 726

51, 819
39, 660
51, 520
52, 378

33, 148
32, 310

7,930
7,690

210
202

93.6
89.0

75, 463
70, 593

63, 128
65, 103

40, 573
40, 133

40, 460
41, 461

52
51

468, 216
404, 157

272, 655
356, 251

47, 108
37, 367

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

-- _-

1933
May
June
July
August

. _.

....

September
October
November
December

.

1934

January
February..
March
April

.
. -.

.
1925

January
February
IVIarch
April
June
July

_ __ _
-

October
I
i

1 Data from U. S. Department of Commerce, Bureau of the Census, representing total spindles active in textile mills during the month. The capacity percentage takes
Into2 account working-days, on a single-shift basis, exclusive of holidays. Details by States are given in press releases.
Compiled by the National Association of Finishers of Cotton Fabrics from reports from 31 out of 51 members, estimated to cover approximately the following percentages of the industry,, based on work done outside of regular textile mills: White goods, 70 per cent; dyed goods, 55 per cent; printed goods, 25 per cent. In the statistics
ch comprise regularly about 40 per cent of billings and orders. Prior
' to
' November,
~~
'
......additional firm
"
1923, an
was included.
given above, white goods and dyed goods each
Details by Federal Reserve districts and classes of goods are given in the association reports. Monthly data from 1920 by classes of goods are given in the December, 1923,
issue (No. 28), p. 55. The goods are billed as completed; hence billings approximate production. Data for December, 1921, and January, 1922, were not compiled and
averages
for the years 1921 and 1922 are based on 11 months' figures.
3
Data on fine cotton goods, from the Fine Cotton Goods Exchange, are reported by 24 identical mills in the New Bedford district, representing about 50 per cent of the
fine cotton goods industry in New England and from 20 to 30 per cent throughout the United States. Since August, 1924, the "Sales" figures include finished goods as
4
Exports of cotton cloth, from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, include duck and other cloth, bleached, unbleached, and
colored Beginning with January, 1921, the figures are reported in square yards instead of linear yards, as formerly, and are probably slightly smaller than in the, corresponding linear-yard measurement.
.„,.,.,
,
,
* These figures are for fiscal years ending June 30 of the years specified; others are for calendar years.
e7 Nine months' average, April to December.
.
Average for five months, August to December, inclusive; previous data not available.




38

Table 10.—SILK AND OTHER TEXTILES
OTHER TEXTILES

SILK
Stocks

(end of mo.)
YEAR AND MONTH

Imports1

Deliv-2
eries

Thous.
of
pounds

Machinery activities 4

Spinning
Broad NarAt ware-2 At mfg.
row spinhouses plants3 looms looms
dies
Per cent of operation

Bales

1909-13 juo av
1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly av
1918 monthly av

2,850
2,566
3,094
3, 406
3, 619
4 060

1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av
1923 monthly av
1924 monthly av

4,627
3,308
4,377
4, 825
5,169
5,022

8 17, 830
26, 941
30, 635
29, 868
30, 495

51, 312
21, 315
32,350
.33,367
37,464

15,283
15, 176
18, 484
20, 051

• • 59. 3
73.5
72.5

642.1
55.1
47.8

19£3
Septem b er -,
October
November
December

4,520
5,240
6,028
5,098

26,929
25, 917
25, 225
23,274

27,367
32,679
35, 398
40,959

19,031
18, 202
19, 129
17, 842

72.6
71.9
71,4
72.3

1934
January
February March
April

5,304
4,200
2,760
4,377

32,925
29, 804
26, 543
25, 985

44,398
40, 226
30, 375
25, 662

20,491
20, 311
17, 820
19,616

May
June
July
August

4,313
3,616
4,572
4,989

28, 272
23,164
30, 952
2$, 518

27,074
24, 843
23, 213
30,075

September
October „
November
December

6, 491
5,615
6,347
7,685

36,366
35,508
32, 939
33, 961

1925
January
February
March
April-. _ . -- ..

6,633
5,259
5,714
4,947
6,697
5,428

May.
June
July.
August

.

SeptemberOctober.
_
November.
December.

.
....

Fall River
Elastic Fibers
webBurlap mill dividends
(unbing « manfd.)
(quarterly) 6
Sales

Thous.
of yards

Imports1

Long
tons

Pyroxylin-coated
textiles ^
(artificial leather)

Ratio Pyrox- Ship- Unfilled
eap- ylin ments orders
Total to
taliza- spread
end of
billed month
tion

Thous. Thous. Per Thous. Thous . of linear
cent per
of
of
of
yards
pounds dollars quarter pounds

28, 613
32,596
32, 960
32, 769
41, 070
33, 318
31,886

33,922
37, 917
36, 519
34,047
32, 147
40,653
36, 366

$519
306
285
593
1,054
1,512

1.820
1.084
.974
1.734
3.338
4.594

62. 6
72.5
69.5

14, 707
12, 620
11, 593
13, 778
13, 041
10, 731

27, 274
33,817
20, 416
22, 815
26, 613
24, 691

36, 890
47, 398
39, 514
43, 185
50,005
47, 971

1, 221
2, 521
779
762
882
705

3.651
7.486
2.031
1.997
2.061 92,482
1.609 2,220

52.9
58.1
54.3
48.7

68.8
63.1
63.0
68.6

10, 358
11, 259
9,979
8,752

14,144
19, 310
34, 199
33,246

45,136
46, 499
51, 251
48, 671

678

1.575

1,401

3,257

75.8
73.8
72.8
70.8

48.5
46.8
51.0
48.1

73.4
74.5
69.4
67.2

10, 895
10, 782
12, 415
11, 470

25,422
24, 812
24, 774
35, 200

56,049
57,882
43, 622
76, 838

18,078
16,833
17, 360
18,971

62.9
61.8
61.9
68.7

45.5
43.0
46.3
44.5

62.1
59.9
64.9
66.6

10, 515
8,620
9,424
9,862

21,846
23,498
27, 781
22,380

51,468
41, 817
34,728
42, 421

42, 260
44, 398
55, 516
61, 533

21, 471
22, 667
25, 043
21, 948

76.1
81.9
81.4
81.5

48.2
50.0
50.3
51.2

68.4
74.6
75.2
78.0

11,340
12, 345
10, 625
10, 478

18,628
16, 286
27,109
28,556

55,900
4ty 846
30, 409
43, 674

39, 885
37, 529
45, 157
40, 040

58, 732
60, 249
46, 663
39r271

25,0&4
24, 252
27, 761
26,540

80.9
80.2
83.4

9ao

55.6
56.5
58.5
59.4

82.1
83.1
85.3
86.9

13, 155
13, 798
14, 273
15,535

33, 142
25, 273
29, 559
23,592

56, 240
56, 524
56, 175
53,076

38, 266
39, 575
44, 013

42,517
44,016
35,598

27, 104
28, 189

86.0
88.8

62.0
61,0

101.1
102.9

15,784

24,131
38, 280

61,115
50, 604

6

656

1,514

742

1.68&

835

1.898

588

1.337

641

1.440

396

.890

.338

.759

9

2, 050 92,469
1,630 1,577

2,039
2,988
2,503
2,058

1,860
2,087
1,873
1,683

2,156
1,894
2,052
2,067

2,912
2,861
3,310
2,224

2, 073
1,994
2,339
1,740

2,367
2,615
1,995
1,743

2,104
1,471
1,602
1, 659

1,524
1,268
1,225
1,299

1,289
1,089
1,128
1,289

1,893
2,460
1,889
2,021

1,456
1,644
1,536
1,467

1,396
1,290
1,302
1,446

1,941
1,923
2,537
"2,478

1,850
1,671
2,254
1,752

1,497
1,593
1,498
1,801

2,249
2,171

1,995
1,752

1, 437
1,730

__
|

1
Imports of silk, of unmanufactured fibers and of burlap from V. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Silk imports are a total of
Unmanufactured
silk, including raw silk, cocoons and waste. Unmanufactured fibers include flax, hemp, istle, jute, kapok, manila, New Zealand flax, sisal, etc.
2
Deliveries of raw silk from principal warehouses in New York City, indicating approximate consumption by mills, and stocks at these warehouses are from the Silk
Association of America. A bale of silk averages about 133 pounds, but varies considerably according to origin of the bale. Details by sources are given in the association's
report. The delivery figures are computed by the association from the data on stocks and trade figures on imports through New York and Pacific ports, allowing time for
Pacific
imports to reach New York. Monthly data for 1920 and 1921 may be found in May, 1922, issue (No. 9) p. 43.
3
Computed from data reported by The Silk Association of America, covering from 35 to 60 per cent of the silk manufacturers and throwsters, averaging about 45 per cent
for most of the year 1924. Owing to the varying number of mills reporting, the original figures have been prorated up to 100 per cent, by dividing the stocks reported by the
percentage of the trade which they are estimated to represent. The maximum reporting capacity (60 per cent in April and May, 1923), coming immediately after a month of
Eainimum reporting capacity (35 per cent in March, 1923), indicates in the close correspondence of these prorated totals, that the prorating shows the situation quite
accurately.
* Compiled by the Silk Association of America from manufacturers representing about 50 per cent of the industry. The figures are weighted averages of each section of
the silk
industry, for which details are given in the association's monthly reports.
5
Elastic webbing sales are reported by eight manufacturers to the Webbing Manufacturers Exchange.
6
Dividends paid by textile mills in Fall River in quarter ending in the month given, comprising about 38 mills, are compiled by G. M. Haffards & Co, Yearly figures are
quarterly
averages. Quarterly datar 1911-1922, are given in the September, 1923, issue (No. 25), p. 48-.
7
Compiled from reports to the U. S. Department of Commerce, Bureau of the Census, by 12 identical firms, with a capacity of 2,174,333 yards for March, 1923 (capacity
varies slightly each month in accordance with the varying number of working days). Further details as to values, etc., are given in press- summaries. Figures for unfilled
orders
are not available for June.
8
Eleven months' average, February to December, inclusive.
8
Ten months' average, March to December, inclusive, except Pyroxylin unfilled orders whictt is a ten montns" average from February to December, inclusive, June
figures not being available.




Table 11.—TEXTILE WHOLESALE PBICES
COTTON YARN

COTTON

YEAR AND
MONTH

Carded, Carded
white,
single
Price? to Middling Northproducer, rapi&nd, ern, mule warp,
aH grades NewYorft spun* 33/1 40/ls,
New
W
cones,
Boston Bedford

Fairel.ild
rod ex

Per pound

Kelto
1=911-1913

Print
cloths*

ffeeces

Per yard

]?er pound

$0; 053

*-100
97
91
122
187
292

$0. 128
.121
. 102
. 145
. 235
. 318

1949 mo. av
1920 mo. a v _ _ _
1921 mo av
1922 mo. av— .
1923 mo. a v _ _ _
1924 mo. av__.

.302
.300
.127
.195
.272
.289

.325
.339
. 152
.213:
. 294
.287'

. 596
.703
.331
.397
.486 :
.475 i

$0. 447"
.571
. 648'
.593'

19£3
January
February
March _
April

.259
.277
.284
. 269

.275
.290
.307
.290

.474
.437
. 502 j
.495

. 680
.672
.701
. 703

215 }
219
224
224?

May
_.
Jane
July
August.. -__

.256
.232
. 235
.241

. 277'
. 284
. 259
.255

.47!
. 458
.437
.432

\
|
|
1

. 643
.610
.593'
.560

September
October
November.-.^
December

. 272
.288
.310
2. 321

.286
.301
. 350
.3581

.472 i
.494
.540 i
.56$ \

. 347
.319
.285
. 299

. 552
.522
.483
.476

. 3'25"
.314
.'TIT
. 287

1
1

i
! .
j
'

.056
. 052
.072
. 118
.195

Storm

Wool-

SILK,
RAW

:

Per pound

Per yard

$0. 25
.26
.36
.41
.66
3; 76

$0. 777
.640
. 788
1. 050
1. 555
2.109

$0; 563
. 500
. 557
. 762:
1. 088
1. 465

$1. 545
1. 459
I. 564
1. 974
3, 158
4'. 040

$0.640
3.694
3. 3 18
4. 867
5.404
6. 273

4. 00§
4.179
2: 933
3. 101
3. 623
3. 660

8:^80
8. 273
6. 035
7. 219
8.228
5. 917

1. 70
1.66
.85
1.25
I. 41
1.42

.64
.51
. 26
.43
.51
.53

1. 627
1.825
1. 179
1. 413
1. 729
1. 692

1. 3T8
1.340
.882
.838
1. 024
1. 035

.108

.121
.126
. 1128
. 129

1.44
1.44
1.44
1'. 49

.51
.53
.53
.53

1.700
1. 750
1. 750
1. 750

.950
.993
1.035
1. 035

3. 420
3. 510
3-. 510
3. 510

8.183
8.771
8. 624
9. 310

214 !
207
199
195

.100
.098
. 088
. 089-

.124
. 1=19
.HIT
. Ill

1.53
1,50
1. 44
t 37

.53
.53
.51
.50

1.800
1. 800
1. 800
1. 750

3. 690
3.G90
3. 690
S. 690'

8. 428
7.693
7. 154
7.350

.618V
.624
.680
.694?

207
210
220 I
22€

.100

. Hit
. 125
.1128
. 133

1. 32
1.30
1.30
1. 34

.47
.47
.48
. 51

1. 700
1.650
1.650
1. 650

1. 035
1.035
1. 035
1. 035
f
1. 035
1.035
1.035
1.035

a. 690
3. 690
£ 690
£ 69©

9. 800
7.840
7. 840
7. 742

. 683!
.637
.607
.615

222213
202
1W

:
i
;
!

. 105
. 097
. 089
.091

. 129i
.125
. 121
. 110

1. 37
1.41
1. 41
I. 38

.52
.54
.54
.53

1. 700"
1.700
1.650
1. 650

1. 03-5
1.035
1. 035
1. 035

3 . 690
3. 690
3. 690
3. 690

7. 350
6.860
6. 223
5.635

i
'
i
i

.089
.091
.091
.093^

. 108
. 108
. 108
. 116

i. n
1.28
1. 30
1.38

.49
.44
.44
.48

1. 650
1. 600
1. 550
1.600

1. 035
1.035
1. 035
1. 035

3'. 690
3.600
3.600
3. 600

4;. 802
4.998
5.390
6.076

. 110
.103
.106
.108;

1.44
1.48
1.60
1. 68;

.53
.57
.61
.70

1. 650
1.750
1.850
1. 950

1.035
1.035
1.035
i.oas

3. 600
3. 690
3.690
3. 690

.lOS
. 107
. 110
. 106

1 67
1.65
1. 58'
1. 42

.69
.68
.R3
.54

1. 900
1.900
1. SCO
1.750

1. 035
1.035
1. 035
1. 0^5

31. 780
3.780
3. 780
3. 780

6. 076
6. 223
5. 831
5. 978

. 104
.097
. 096

1.24
1,31
1.37

.45
.50
.52

1. 750
1.750
1. 700

1. 035
L035
1.03-5

3. 600
3.600
3. 600

ft 174
6.370
6:.321

. 103s
. 0911 !

'•

.107
. 110

.11$

.099
. 108
. 112

:

.475 !
" .474 :
.471 1
.469

.620
.597
.589"
.578=

195
195
19$
139

September
October
November....
December

.222
.231
.226
.240

. 244
.245
.243
. 238

.422
.449
.446
.446

i

.55ff
. 543

<

.539

. 087
.087
. 090

;

. 552

193 i
193 I
194 !
194' ;

.090

;

f9£5
January
February
March
__.
April. ..

. 227 '
.230
. 245
. 237 ;

. 240'
.247
. 256

. 547"
. 569
.589
. 580'

194 •
194 '
1^96'
194

.092:
. 095
.09$
. 094

:

.244

.437
.430
.430
.420

.230
.230
.234

. 234
.242
.248

.399
.403
.41-5

.58$
.543

188
183
182

.09$
.093
.095

May
June
July
August

SUITINGS.

. 18$
. 210
.087
. 104
. 123
.113

272
323
162
187
213
199

. 316
.300
.317
. 293

—

$9.57
.61
.71
. 87
1. 59
* 1. 84

$0: 061

. 281
.278
. 273
.278 '

May
June
July
August

M blood

t o. fo.mOr
New York

$0; 120
.102
. 19*
.140
.225
. 295

1924
January
February.-— March
,_. '• .
\pril

Sheet-

WOMEN'S
BRESS
GOODS

Japaings, 4/4 Territory comMng
dyed,
serge, all
»/&#»•
nese,
ware
grease, eross&red
64 x 60r
blue,
fine
wool,
Mansai
shoals,
Ohio
and
38J4 in.,
stuck,
deubie ' 55/56"
staple,
PennNo.l,
&&• yds, L.L,3B", scoured
Boston wairp, 50", Middlesex New
sylvania
York
to m.9 fydstolfo,
New York New York

1913 mo. a v _ - _
1914 mo. a.V-_1915 mo fiv
1916 mo. av
1917 mo. av
19H8mo.av__.

$0; 248
. 218
.198
.297
.449
. 662

WORSTED
YARN

WOOL
(Boston)

COTTON GOODS

f

;

\

;

;

!

5. 439
5.733
6.174
6. 3 21

__

September
October — ....
November _ _ . .
December
1
Except for the price of cotton to the producer, which- is described below, all prices ate averages of weekly quotations and; are compiled by the P. 8. Depwttmwnt of
Labor, Bureau of Labor Statistics, except for the wool' Quotations, which are'from: fihe- 0". 8> D«^&<rtmernt of AgsfiewUnf^ B-wretm of Agtricuttu'fal Ekon&mics, aitd theFairchild
cotton
goods index, which is compiled by the Daily News Record, and represents wholesale quotations of 36 standard eioins iftthe- New York marftet, MoatMy wo^d prices
191l35ta-1^23'areigwen iia-tfte?Becemtoer; 1!923> issia^^(;No;. 28),. jrt 52i Moa*hly dsala-for 1920 and: Ii92$ ©m otler items* except FairchiM ii^fes, single warp?yarns and, print, eloths,
appeared in May, 1922,3 issue (No. 9), p. 47. That issue also contained monthly data on another print-eloth, qpotation,; wMeii has been superseded; fejr tfee present data du-e- to
thefr mom general use .
* Price of cotton to tfKe1 proda^er, gf^em a€ th« efld1 df eaeb m&B£& ftntil I>eee^bcr^ 19^. since wMda. mocufeli' it is given as1 of- t&e 15th; of t&e; month^ is a wei&tetedi average
of prices received by producers throughout the United States for all grades of cotton as compiled by the U. S. Department of Agriculture, Bureau of Agr
; Tifie^ uaaa?ket pri^e M> New York, m tM& etfiw haiM^ is quo«e«S on at specSfte- ^ra^? aai^J tadxrttes nanxfirag: am4 transiiiortati=©a eharges.
* &• months' average*
* Average for years 1911 to 1&13.




40

Table 12.—IRON ORE AND PIG IRON
IRON ORE*

Receipts

Production 4

Stocks

Furnaces in blast,
end of month 4

ConsumpLake
tion
by
Erie
On
Mer- Fur- Capacports Other fur- 2 Total At fur- Lake Total chant
6 naces
and ports naces
naces Erie
ity
iron
furdocks
naces

Shipments
from
mines

YEAR AND MONTH

PIG IRON

Num- Tons per
ber
day

Thousands of long tons
1913
1914
1915
1916
1917
1918

monthly average _ _ .
monthly average
monthly average
monthly average
monthly averagemonthly average--

8,193
5,337
7,720
10, 789
10, 416
10, 193

6,460
4,181
6,254
8,564
8,066
7,956

1,651
1,130
1,463
2, 164
2,255
2,176

1919
1920
1921
1922
1923
1924

monthly average
monthly average -.
monthly average.- .
monthly average __..
monthly average
monthly average

7,863
9,755
3,717
7,102
9,841
7,106

6,146
7,472
2,592
5,285
7,278
5,259

1,666 7 3, 633
2,207 4,531
1,096
2,030
1,747 3,355
2,440 5,191
2,104
3,833

6,672
9,500
10, 411
10,296

4,264
7,173
7,682
7,682

1,226
2,245
2,428
2,584

9,097
8,099
4,948
10

6,776
6,121
3,895
66

Wholesale prices3
Foun-

dry
Per
Basic
No. 3 (valley
cent Northof
furern
total (Pittsnace)

Composite
Pig
irons

burgh)

Per
cent

Dollars per long ton

7,530
7,246
7,243
6,282
7,280
8,318

2,560
1,921
2,472
3,253
3,182
3,209

753
560
647
922
929
863

269
188
229
319
338
352

84,005
62, 752
83, 623
106, 775
106, 499
106, 954

63.7
44.5
55.0
81.4
83.2
83.1

$16.00
13.90
14.87
21.07
41.39
34.46

$14. 75
12.88
13.74
19.76
38.90
32.51

$15. 42
13.52
14.15
20.31
39. 99
34.38

35, 258 ? 26, 852
29, 753 21, 211
33, 330 24, 512
33, 751 25, 642
24, 438
31, 036
31, 639 25, 076

7,779
8,542
8,818
8, 109
6,621
6,563

2,549
3,077
1,379
2,240
3,338
2,591

650
824
246
472
805
621

241
287
105
181
277
204

81, 918
97, 578
43, 673
75, 238
109, 072
84, 785

56.3
66.5
25.1
43.2
66.2
50.1

30.31
44.90
25.13
26.93
28.15
22.50

27.70
42.25
21.74
24.20
25.81
20.24

29.91
43.80
24.05
25.00
27.15
21.87

6,119
5,816
5,747
5,353

18, 865
22,800
27, 503
32,831

14, 786
18,288
22,547
26,924

4,347
4,512
4,957
5,907

3,868
3,676
3,678
3,449

891
949
926
769

321
323
298
270

125, 100
122, 555
114, 200
106, 590

77.0
76.8
71.1
64.4

31.97
29.65
27.27
26.52

29.00
27.38
25.10
24.75

30. 84
29.11
26.98
26.10

2, 176
2,209
1,772
0

4,814
4,801
4,441
4,479

37,450
41,042
42, 836
38, 635

30,430
32, 945
34, 080
30,654

7,020
8,097
8,757
7,981

3,126
3,149
2,894
2,921

762
754
724
753

255
245
231
231

102, 000
99, 030
94, 345
94, 265

61.0
58.6
55.3
55.3

26.52
25.37
23.65
23.76

24.88
23.50
20.88
21.00

25.98
24.37
22.49
22.80

33, 991
29,258
24, 047
19, 435

26,453
22,232
17,984
14, 636

7,538
7,026
6,063
4,799

3,019
3,075
3,446
3,233

745
664
792
770

248
264
270
230

101, 435
108, 100
112, 240
96,365

60.2
64.2
65.7
57.1

24.16
24.76
24.76
23.56

21.20
22. 00
21.94
21.55

23.18
24.13
23.83
23.41

7

1933
May
June .
July ...
August
September .
October
November
December

.

1934
January
February
March..
April

May
June
July....
August

..
83

6,584
7,584
7,280
6,690

4,315
5,421
5,431
4,974

1,786
2,009
1,953
1,517

3,830
2,793
2,415
2,636

21, 608
26, 410
31, 596
35, 703

16, 717
21, 102
25,842
29,248

4,891
5,308
5,754
6,455

2,615
2,026
1,785
1,887

688
519
441
474

184
164
144
150

77,300
65, 200
55,350
63, 070

45.7
40.0
35.7
37.5

22.51
21.51
20.76
20.89

20.50
19. 63
19.00
19.00

22.57
21.20
20,11
20.22

6,165
5,597
2,065
9

4,888
4,461
1,975
45

1,410
1,241
2,627
0

2,927
3,498
3,689
4, 542

38,998
41, 536
40, 728
36, 360

31,593
33,417
32, 679
29, 014

7,405
8,119
8,049
7,346

2,053
2,477
2,510
2,962

544
619
613
585

173
182
205
228

72, 235
81,490
89, 100
95, 539

42.9
45.2
50.9
56.6

21.56
21.26
21.26
22.96

19.00
19.00
19.13
20.90

20.41
20.37
20. 66
22.32

5,242
5,000
5,490
4,813

31,154
26, 207
20, 791
17, 312

24,430
20, 184
15, 695
13, 009

6,724
6,023
5,096
4,303

3,370
3,214
3,564
3,259

678
674
751
744

251
254
245
220

114, 150
115, 700
112,380
100, 080

62.3
63.0
61.1
55.1

24.14
23.76
22.86
21.89

21.88
22.00
21.30
20.13

23.24
23.21
22.87
21.70

4,357
3,863

21,049
25,404

16, 527
20, 397

4,522
5,007

2,931
2,673
2,664

624
560
627

196
189
190

89, 500
86, 250
86,420

49.4
47.7
48.5

20.89
20.06
20.26

18.81
18.05
18.00

20.65
19.78
19.72

. .
659

..
...
. ..

September _ ...
October
November
December
....

1935
January
February __
March
April ..
May
June
July

44

4,688
4,783
5,308
4,882

.

. ...
.

.,

1,756

865

1,357

8,219
8,100

5,376
5,975
6,217

2,328
2,139
2,276

i

1 Data on iron ore from the Lake Superior Iron Ore Association. Shipments represent movement of ore through the upper lake ports, including not only tonnage passing through the Sault Ste Marie Canal but also that from ports on Lake Michigan, thus representing over 85 per cent of the total iron ore mined. Receipts at ports
other than on Lake Erie are mostly at Chicago and vicinity and Detroit, the details by ports being shown in the monthly reports of the association, which also give by
districts the consumption data. Monthly data on stocks and consumption from 1921 are given in June, 1923, issue of the SURVEY (No. 22), page 49.
2 Furnaces reporting vary in number from 319 to 341. Beginning with June, 1922, reports from 15 Canadian furnaces are included.
» Wholesale prices, except composite average, are averages of weekly quotations taken from U. S. Department of Labor, Bureau of Labor Statistics. Monthly prices of
basic pig iron from 1920m June, 1922, issue (No. 10), page 42.
1*^1x1*
* Pig-iron production and blast furnace data comprising practically the entire output, except that made with charcoal, from the Iron Age. Monthly data from 1913 on
all items appeared in February, 1925, issue of the SURVEY (No. 42), p. 44.
,
5 The composite pig-iron price, compiled by the American Metal Market, is the average of daily prices of 10 tons of iron distributed as follows: One ton each of Bessemer
Valley; No. 2 foundry valley; No. 2 X foundry at Philadelphia and at Buffalo; No. 2 foundry at Cleveland and at Chicago; two tons each of basic valley and No. 2 Southern
°U16 Compiled from data reported by the Iron Age by subtracting the figures on pig
iron produced by steel mills from the total pig-iron production figures, thus obtaining
7
dflta on the total output of merchant pig iron.
Seven months' average, June to December, inclusive.




Table 13.—CRUDE STEEL

Thous.

of

Short tons

Long tons

Thous.

Short
tons

of

long
tons

dolls.

Peicent

Dolls, Dolls. Dolls,
per
per
er long
long
•
b
ton
ton

Short tons

f

1913 mo. av__
1914 mo. av_.
1915 mo. av._
1916 mo. av__
1917 mo. av__
1918 mo. av_.

2, 523, 344
1,901,649
2, 607, 018
3, 450, 160
3, 634, 933
3, 587, 585

52, 101
39, 459
58, 136
90, 231
76, 907
96, 963

24, 096
18, 127
25, 388
46, 632
26, 430
41, 118

j
28,005 5,907
21, 332 4,115
32, 748 5,189
43, 599 9,720
50,477 10, 716
55, 845 8,635

11,432
5,972
10, 866
27, 798
24, 608
15, 595

1919 mo. av_.
1920 mo. av—
1921 mo. av__
1922 mo. av_.
1923 mo. av__
1924 mo. av..

2,807,900
3, 407, 784
1,602,933
2,880,702
3, 623, 805
3,067,596

37, 862
68, 208
24, 823
67, 728
74, 653
64, 403

10,055
26, 928
9, 723
33,723
32, 245
32, 363

27, 807 5,995
41,280 10, 023
15, 100 5,331
34,005 5,648
42, 408 6,009
32,040 3,993

11,966
14, 724
7,726
8,470
14,971
12, 745

171, 489
85, 409
190, 864
222,904
219, 836

72.7
34.9
76.5
79.7
74.2

111, 989
106, 175
108, 709
129, 728
122. 955

5,590
46, 989
28, 703
35, 333
42, 115

172, 161
87, 702
182, 519
230, 823
209, 329

140, 844
75, 329
203, 869
213, 583
225, 024

40.54
689, 853 56.26
232, 551 34,46
346, 449 33.95
450, 750 j 41. 70
368, 147 37.99

3,56,776
3,577,091
3, 134, 321
2,863,2C6

49, 539
39, 768
42, 119
42,826

22, 374
10,641
13,645
15,600

27, 165
29, 127
28,474
27, 226

5,036
4,673
4, 339
4,445

14,289
18,600
17,287
14,072

185,577
225, 714
188, 144
155, 299

71.5
76.6.
67.0
58.8

114,313
106, 884
112,185
104, 062

29,975
71,902
45,561
44, 146

205, 772
230,820
199, 836
188,600

223, 556
185, 110
165, 491
349, 446

343, 096
307, 540
280,013
445, 167

January
February —
March
April

3,649,913 51,406
3, 826, 246 73, 138
4, 206, 699 100, 514
3, 348, 466 68, 116

19,572
35,474
59,778
33, 1.51

31,834
37,664
40,736
34, 968

4,798
4,913
4,783
4,208

14, 771
16, 239
19, 065
16,049

274,097
275, 118
278,767
234,000

87.2
96.5
96.5
79.0

117,069
113,020
123, 437
141,574

37, 541
30, 658
43, 888
48, 945

228, 660
249, 859
262,497
235, 967

234, 858
189,081
251,411
182,903

May
June
July
August

2,640,034
2, 065, 676
1,877,789
2, 552, 891

56, 801
48, 718
38? 1.91
36, 363

28,064
26, 170
16, 244
14, 532

28, 737
22,548
21, 947
21,831

3,628
3,263
3, 187
3,290

13,419
11,913
10,430
10, 108

176, 582
114,807
144,291
190,436

59.6
40.9
48.7
65.2

132, 867
128, 241
110,419
112,729

43, 319
45, 776
39, 621
42, 635

196, 254
141, 176
151, 255
177, 498

September,.
October
November..
December...

2,827,625
3,125,418
3, 121, 149
3, 569, 251

62, 509
66,697
74, 220
96,164

29, 567
31, 130
41,343
53,332

32,942
35,567
32,877
42, 832

3,474, , 10, 181
3,525 12, 236
4,032
8,904
4,817
9,623

217,981
247, 222
224,931
259, 794

75.7
78.9
79.7
82.6

124,577
118,547
118,384
131,599

43,001
42,685
41,573,
45, 743

January
February
March
April . .

4,198,564
3, 756,, 243
4, 198, 520
3, 587, 524

82,922
61, 535
59, 508
59,008

40, 799
27, 237
21,670
22, 109

42, 123
34, 298
37,838
36, 899

5,037
5,285
4,864
4,447

13,027
12, 358
14, 498
13, 377

317,424
283,290
290,308
280,082

98.0
96.5
90.7
87.5

140, 823
159, 661
151, 788
137, 499

May

3, 458, 253
3,207,056
3, 087, 590

49, 619
48, 413

16,055
16, 675

33, 564
31,738

4,050
3,710
3,539

13, 803
13, 444

260, 470
266, 290

87.0
83.4

133, 513
132, 552

25. 79 0. 015
20.08 .013
22.44 .015
43,95 .028
69.86 .043
47.27 .032

Composite
finished
steel s

Composite
steel 7

Dolls, per
pound

26.32 0. 0172 0. 0166
22.92 .0152 . 0143
24.76 .0163 . 0153
40.50 .0280 .0267
70.10 .0446 .0419
51.95 .0379 .0354

.028
.028
.021
.017
.024
.023

50.37
65. CO
40.74
37.86
44.55
40.87

.0332
.0363
.0269
.0231
.0295
.0284

.0312
. 0368
.0253
.0222
.0274
.0261

41,88
40.00
40.00
40.00

.025
.025
.025
.025

44.64
43.84
42.81
43.02

.0303
.0302
.0302
.0302

.0278
.0278
.0278
.0278

471,053
434, 145
422, 889
362, 457

40.00
40.00
40.00
40.00

.025
.025
.025
.025

43.26
43.49
43.24
42.33

.0303
.0303
.0300
.0294

.0279
.0278
.0275
.0269

126, 487
108,693
135, 998
207, 986

294, 774
246, 810
203, 440
236, 614

38.50
38.00
38.00
37.75

.024
.023
.022
.022

41.38
40. Cl
39.79
39.36

.0286
.0284
.0281
.0276

.0264
.0261
. 0256
.0252

190, 210
229,771
219, 228
229, 573

227, 520
221,773
462, 709
350, 868

274,325
275, 953
531,845
663, 460

36. 40
35.75
35.50
36.00

.02!
.020
.019
.020

39.05
38.65
39.01
40.23

.0272
.0268
. 0268
.0275

. 0249
.0246
.0249
.0254

49, 460
53, 717
57, 714
51,264

283, 645
255,080
279,437
263, 174

241,040
235, 980
263, 666
193, 949

607, 190
565, 133
550, 422
463, 425

37.00
37.00
36.70
35.50

.021
.021
.021
.021

40. 95
41. 13
40.70
39.43

.0277
.0283
.0276
.0273

.0256
.0255 •
.0254
.0250

52,051
51,614

232,372
231, 006

186, 538
286, 453

399,330
440, 687

35.25
35. 00
85. 00

.020
.020
.020

38.37
37.61
37. 45

.0259
.0285
. 0263

.0246
. 0244
.0245

1

1933
September. .
October
November.. .
December...

Iron and
steel 8

1

Steel billets,
Bessemer
(Pittsburgh) s
Structural
steel beams
(Pittsburgh)*

orders

WHOLESALE PRICES

Unfilled

fl *

M
1
1I
§

Shipments

Railroad

Earnings

Total

Unfilled

Production

orders end
of month

YEAR AND
MONTH

Miscellaneous

Production

...

SHEETS-BLUE, BLACK, AND GALVANIZED <

U.S.STEEL
CORP.3

StOCkS

STEEL CASTINGSBOOKINGS 2

Unsold

IN-

GOTS i

Total stocks

STEEL

1934

1935

June
July
August.
September. .
October
November. .
December

j

....
*

1
Yearly figures represent the monthly averages of total production of all companies as compiled annually by the American Iron and Steel Institute. The institute reported up to 1923 monthly production figures for 30 companies which produced 84.4 per cent of the total output of the country in 1920, 87.48 per cent in 1921, and 84.15 per
cent in 1922. In order to make the monthly figures comparable they have been calculated to a 100 per cent production each year on the basis of the above per centage.
The figures since 1922 are calculated on the basis of reports from companies which produced 95.35 per cent of the tota 1 production in 1922 and 94.84 per cent in 1023, the total
computations to 100 per cent bsing made by the American Iron and Steel Institute. Data for 1924 are prorated on the 1923 percentage. Monthly data beginning with inauguration
of monthly figures in 1917, are given in April, 1924, issue (No., 24), page 61.
2
Bookings of commercial steel castings reported by the Steel Founders Society and principal nonmember firms to the U. S. Department of Commerce, Bureau of the Census
Reports are by 70 identical firms with a capacity of 100,700 tons per month, of which 39,100 tons are usually devoted to railway specialties. This represents over two-thirds.,
of the castings capacity of the United States devoted to commerical castings (as distinguished from castings used in further manufacture in the same plant). Prior to 1920
figures for companies representing about 6 per cent
of the miscellaneous castings are not available and the totals of this class have been prorated by that amount for these,
years in order to afford comparison with later ;>rears. In July, 1923, two companies, with a combined capacity of 785 tons per month devoted to miscellaneous castings
ceased operations. Railway specialties include such items as bolsters, side arms, draft arms, couplers, and cast-steel car wheels, and are reported by identical firms throughout. 3 Monthly data from 1920 appeared in April, 1925, issue (No. 44), page 27.
Unfilled orders of steel and earnings reported by the United States Steel Corporation. Monthly unfilled orders, 1913-1921, are given in December, 1922, issue (No. 16)
page4 47.
Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers, representing almost all the independent sheet manufacturers
and about 70 per cent of the total output of sheets. Monthly data from 1920 in April, 1923, issue (No. 20), page 53.
c
Average of weekly prices from U. S. Department of Labor. Bureau of Labor Statistics. Monthly prices, 1920 and 1921, are in May, 1922, issue (No. 9), pages 49 and 83.
6
Average of weekly prices compiled by the Iron Trade Review, on the following 14 products: Pig iron, billets, slabs, sheet bars, wire rods, steel bars,plates,structural
shapes, black galvanized and blue annealed sheets, tin plates, wire nails, and black pipe. Pig iron average in turn, is average of 13 difierent quotations. Monthly data.
1913-1922
given in April, 1923, issue (No. 20) page 48.
7
The figures forl composite steel compiled by the American
Metal Market represent the daily average price per pound of steel products weighted as follows: 2H pound bars,
\y% pound
plates, l /z pound shapes, \Yi pound pipe, 11A pound wire nails, 1 pound galvanized sheets, and 1A pound tin plate.
8
Composite price of finished steel products compiled by the Iron Age includes bars, beams, tank plates, plain wire, open-hearth rails, blank pipe and black sheets. Thes&
products, according to the Iron Age, constitute 88 per cent of the United States output of finished steel.




42

Table 14.—IRON PRODUCTS

Meltings

YEAB AND MONTH

Total Receipts
stocks of iron

MALLEABLE CASTINGS 3

STEEL BARRELS *

OHIO FOUNDRY IRON i

Per
cent
Producof
tion
capacity

Production
Shipments

Stocks,
end of
month

Unfilled
orders,
end of
month

Total

Ratio
to capacity

Tons

Per
cent

Long
tons

Per cent
of
normal

*7,791
12, 183
20, 497
19, 014

< 20. 71
51.82
73.75
67.63

s 22, 753
22, 274
24, 508
23, 882

8,230
16, 111
14, 551

13, 410
19, 800
22, 602
24,787

59.34
67. 80
83.20
79.90

20, 240
23,992
25, 617
28,335

10/828
29, 044
19,406
21,925

31.7
41.0
48.1
50.1

IVIay
June
July
August

23, 163
24,091
25, 183
18, 048

81.12
81.27
85.32
79.56

23, 303
26,366
28, 354
23, 033

15, 961
15, 570
10, 950
14, 899

48.3
41.5
42.7
41.0

63,298
57,730
66, 849

September - ...
October
November
December

18,774
21, 458
20,051
14, 571

71.51
68.14
70.29
57.60

22, 830
24, 426
23, 658
23, 938

12,876
16,488
13, 855
11,534

30. 0
33.7
30.6
19.1

1934
January
February _ _ _ _ _
March
April
„-_.„

20, 520
23, 137
23, 331
23, 470

74.40
74.10
79. 90
74.60

23, 478
24, 413
25, 626
27,377

15, 780
18, 578
17,425
15,969

307, 189
370, 966
894, 478
416, 628

34.6
39.3
48.8
50.6

303, 668
362, 725
394, 756
420, 129

49, 109
57, 350
57, 072
53, 571

22, 586
20, 251
18, 658
15, 403

75.00
72.00
62. 50
54.20

24, 806
24, 586
25, 414
25,054

13,298
14, 583
14,681
11,920

418, 381
385, 155
398, 3§7
398, 112

48.3
41.0
39.5
41.8

425, 397
382, 550
407, 258
§98, 312

14,721
15,407
16, 209
14,471

54.50
64.50
62.80
63.00

22, 408
20, 375
25, 387
17, 663

11,085
12, 528
15, 680
13, 083

385, 212
447, 900
391, 401
413, 785

36.7

16, 516
17, 605
21, 035
19,954

70.70
71.40
74.90
74.00

22,077
28, 218
26, 390
24, 912

16, 848
14,243
18, 226
14, 588

420, 127
413, 823
505, 429
594, 971

20, 311
19, 940

77.80
73.00

28, 320
22, 953

15, 393
16, 525

570, 962
514, 913

1921 monthly
1922 monthly
1923 monthly
1924 monthly

average
average
average
average

Long tons

Barrels

Per
cent

Barrels

17.4
34.0
38.8
393, 792

5

59, 052
49,201

6

Shipments

Orders
booked

Tons

6

58. 2
46.0

57, 241
47, 951

« 41, 204
45, 795

66.7
58.7
66.3

62, 888
59, 375
63, 971

39, 814
41, 638
39, 573

.60, 830
62,238
52, 727
49, 691

59.8
59.9
49.1
46.7

59,301
59, 129
49, 426
48, 600

36, 591
48, 621
37, 231
44, 962

615, 485
608, 660
601, 663
614,102

64, 339
66,436
69,574
56,897

58.7
62.1
65.6
53.3

66, 472
60, 112
62, 675
55, 671

73,921
62, 593
58, 315
44,422

48, 555
49, 160
47, 629
45, 429

582, 022
421, 870
519, 034
715, 480

48, 552
33,323
30, 070
34,350

45.5
31.5
28.3
32.4

51,924
37, 821
35, 256
35, 653

29, 085
22, 330
29, 190
32, 501

386, 064
441, 851
389, 230
407, 474

41, 577
47, 626
49, 797
53, 265

905, 870
682, 533
1, 230, 808
1, 586, 034

39, 261
47, 305
45, 279
55, 028

36.9
44.0
42.5
51.3

37, 617
42, 271
41, 657
48, 281

44,884
52,485
46/512
53,297

415, 040
407, 781
510,928
605, 424

59,277
64, 402
57, 603
47, 048

1, 374, 247
1, 336, 124
1, 264, 860
1, 137, 552

62, 829
56,399
57, 304
59, 046

58.6
53.4
53.6
55.4

55, 672
57, 042
58, 999
58, 610

58, 047
46, 193
52, 962
54, 145

569, 670
508, 880

48,340
54, 373

950, 353
852, 954

57, 289
55, 143

54.3
51.6

57, 280
54, 510

47,247
44, 026

393,535

4% 928

756, 963

19S3
January
February
March
April

May'
June
July
August

_ _

_

_
_ _ _ _

September October
November
December

_

1935
January..
February
March
_
A pril
May
_
June
July..
August .
September
October
November.
December,.

„

__

•

i

_,

_
_

1 Data on gray iron foundries in Ohio from Ohio State Foundrymen's
Association.
2
Compiled by the U. S. Department of Commerce, Bureau of the :Census, from the reports of 30 identical establishments, operating 35 plants, except in the case of the
figures on "per cent of capacity operated," which represent reports from 13 identical establishments reported by the Steel Barrel Manufacturers Association prior to 1924
and thereafter represent 12 establishments as compiled by the Bureaii of the Census. Data on shipments, unfilled orders, and new orders of the Steel Barrel Manufacturers
Association
for 1921 to 1923 appeared in February, 1924, issue (No. 30), p. 77, while orders data for 1920 may be found in September, 1923, issue (No. 25), p. 54.
3
Compiled by the U. 8. Department of Commerce, Bureau of the Census, representing reports from 129 identical establishments.
*5 Ten months' average, Mare'h to December, inclusive.
Five months' average, July to December, exclusive of October.
6
Seven months' average.




43

Table 15.—FABRICATED STEEL PRODUCTS
'FABRICATED
STEEL PLATE*

FABRICATED
STRUCTURAL STEEL »
Bookings
YEAR AND
MONTH

Shipments

Bookings

Total Storage
tanks

Computed
total

P.ct.
capacity

P.ct.
Com- caputed pacity

Short
tons

Per
cent

Short
tons

Per
cent

STEEL FURNITURE <

IRON AND STEEL «

Exports
Selected
items

Short tons

Total

Imports

Total

Shelving

Business group
Shipments

Orders
received

Unfilled
orders

Shipments

Orders Unfilled
received orders

Dollars

Long tons

1913
1914
1915
1916
1917
1918

mo. av
mo. av_.
mo. av_.
mo. av_.
mo. av_.
mo. av..

105,000
105,500
149, 800
153, 180
138, 600
136, 640

50
50
70
69
60
56

228, 801
120, 123
293, 207
503, 971
536,980
444, 835

26,556
24,027
23, 533
25,906
26, 974
14,052

1919
1920
1921
1922
1923
1924

mo. av._
mo. av..
mo. av..
mo. av
mo. av._
mo. av__

133, 560
140, 400
92, 750
181, 760
182, 163
196, 958

53
54
35
64
64
68

44,674
24,735
25,642 ' 10,248

366, 663
412, 030
183, 980
139, 473
135,443
123, 128

166, 653
167, 565
151, 138

26, 837
36, 626
10, 083
60,762
59, 942
39, 845

1923
159, 600
May
145, 350
June
July
142,500
August— .. 162, 450

56
51
50
57

34, 605
57,020
55, 242
33, 138

16,330
38,166
34, 330
15, 498

158, 446
134, 206
141, 213
127, 287

204,988
172, 747
170, 252
163, 010

74,560
66,460
51, 921
44, 202

September..
October
November..
December...

148, 200
139, 650
153,900
225, 150

52
49
54
79

36,267

225, 150
199, 500
188, 100

79
31, 603
70 . 25,445
22,059
66

23, 634
15,589
9,503
6,718

137,833
123, 371
157, 391
155, 603

173, 664
154, 173
188, 318
179, 218

35, 796
28,848
25, 235
25, 313

1934
January
February. _.
March
April

203,000
205, 900
200, 100
185, 600

70
71
69
64

176, 900
168, 200
182, 700
197, 200

61
58
63
68

19, 902
15, 557
21, 346
19, 446

4,001
2,332
4,699
6.244

216, 176
136,637
105, 309
105, 378

249, 125
165, 892
124, 753
132, 739

26,064
36, 781
36, 411
43, 777

May
June
July
August

168, 200
185, 600
197, 200
171, 100

58
64
68
59

200, 100
214, 600
229, 100
203, 000

69
74
79
70

25,233
29, 232
21,248
30, 641

4,951
15, 757
11, 360
15, 927

128, 685
117, 803
110, 055
117, 243

155, 304
165, 034
138, 794
135, 989

47,335
53, 362
25, 372
39, 730

September..
October
November _.
December...

188, 500
188,500
240, 700
229, 100

65
65
83
79

211, 700
220, 400
185, 600
182, 700

73
76
64
63

19,402
23, 237
33, 607
48,850

10, 286
7,868
13,098
26, 449

108, 725
132, 448
97, 187
101, 889

133, 540
158, 560
124, 464
129, 465

36,269
37, 119
30, 411
65, 511

1, 519, 078
1, 783, 162
1, 678, 636
1, 872, 677

1, 589, 994
1,761,431
1, 615, 912
1,914,038

1, 193, 871
1, 184, 731
1, 216, 144
1, 220, 232

471, 390
595, 157
549, 120
650, 923

415,163
681, 364
526, 707
596, 934

334, 485
327,455
469, 315
364, 813

1935
January
February ...
March
April ...

165, 300
168,200
200, 100
223, 300

57
58
69
77

171, 100
182, 700
214, 600
223,300

59
63
74
77

27, 064
20,805
22, 502
22,421

4,314
3,321
2,908
6,547

116, 715
77, 989
126, 154
122, 186

141, 714
102, 302
155, 386
155, 426

72, 921
85, 872
84,376
65, 649

1,972,137
1,939,097
2,027,863
2,009,199

2, 206, 952
1, 986, 151
2, 012, 322
1, 964, 959

1, 455, 890
1, 501, 460
1, 482, 859
1, 466, 428

517,363
443, 514
539, 972
650, 769

521, 877
539, 286
606, 754
566, 834

361, 268
453, 358
515, 434
436, 048

200, 100
255, 200

69
88

226, 200
229, 100

78
79

27, 684
34,402

8,503
16,327

112, 290
99,624

150, 612
136, 847

62, 223
76, 403

1, 918, 869
1, 805, 599

1,855,552
1, 792, 656

1, 383, 424
1, 390, 540

549, 272
514, 117

523, 426
501, 182

372,296
360,089

May
June »
July ..
August

197, 925

68

1
•

September..
October
November __
December
1
Fabricated structural steel data compiled by the Bridge Builders and Structural Society up to April, 1922, and since then by U. S. Department of Commerce, Bureau oj
the Census, including reports from the Structural Steel Society. Percentages of capacity calculated from reports of the Bridge Builders and Structural Society up to April, 1922,
and applied to estimated total capacity each year based on a special survey by the Bureau of the Census as published in the February, 1925, issue (No. 42), p. 14. Beginning with April, 1922, reports received from 198 firms (and in addition 12 firms now out of business) with a total capacity of 241,565 tons in 1922, 250,090 tons in 1923, 255,460
tons in 1924, and 257,970 tons in 1925, have been prorated to the estimated total capacity of the United States, 284,000 tons in 1922 and 285,000 tons in 1923, and 290,000 tons in
1924,2 for comparison with previous figures.
Compiled by the U. S. Department of Commerce, Bureau of the Census, from reports of 35 identical firms. Data for other classifications included in the total covering
refinery, tank cars, gasholders, blast furnaces, and miscellaneous, including stocks and ladles, but not separately shown, are given on press releases issued by the Bureau
of the3 Census.
Iron and steel exports and imports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. The export column designated "Selected items"
and the imports are based on the group of pig iron and rolled products as used in the Iron Trade Review, comparable each month back to 1913. Beginning with January,
1922, all commodities are given in qualities in the export reports, and thus a grand total can be presented in the column showing total exports, as compiled by the U. S.
Department
of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1920 are given in June, 1922, issue (No. 10), p. 42.
4
These data, compiled by the U. S. Department of Commerce, Bureau of the Census, including reports from the National Association of Steel Furniture Manufacturers,
are based on reports from 30 companies in the "business group" and 13 companies manufacturing shelving. Previous to September, 1924, the "business group" data were
from 22 manufacturers only, which formed 80 per cent of the "business group" totals for 30 companies in the period from September, 1924, to May, 1925. Monthly data
for the 22 companies' shipments from 1919 are given in March, 1923, issue (No. 19), p. 45 and the later data in the November, 1924, issue (No. 39) p. 60. The "business
group" includes sections, counters, office and vault verticals, safes and interiors, desks and tables, and small miscellaneous articles, exclusive of lockers.




44

Table 16.—MACHINERY
FOUNDRY
EQUIPMENT »

Electric

Sales

1933
May
June
July
August
September
October
November
December
1924
January
February
March
April
May
June
July
August
September
October
November
December

Shipments

Orders Pitcher, Power
on
hand and
hand,
and hydro- Total
end of wind- pneumonth mill matic
Number

Dollars

No. of machines

1919 mo av
1920 mo. av__1921 mo. av._.
1922 mo. av_._
1923 mo. av._1924 mo. av...

_. .
24, 117
35, 244
46, 197
51, 020

67, 651
56, 349
58, 449
56, 803

51, 206
45, 168
46, 990
46, 682

509, 317
440, 599

57,712

47, 844
50, 980
45, 611
42, 006

246, 446
344, 778
259, 576

416, 917
386, 747
387, 579

66, 543

42, 271
49, 107
57, 469
55, 654

60,653
53,031

44,494

1925
January
February
March
April
May
June
July
August
September
October
November
December

55,684
50, 352
50, 472

59,928
69,061

Dollars

$610, 503

47,128

51, 285

53, 951
65, 457

45, 352

67, 994

57, 883
57, 533

56,066

New

orders

Thousands of dollars
$1, 659

s $97, 284 « $101, 843
256, 869 "$369,816 10 51, 566 10 3, 143 10 552, 111
275, 955
402,693 379,464 586, 575
49,804 3,349 592, 855
314,055 302, 734 469, 183 847,183 82,940 8 540, 975

859
1,157
1,464
1,099

381,517
376, 663

427,235

UnShip- filled
ments orders

HI
3,073
3,097

5,192

3,157
3,201
3,219

2,438

3,550

4,032
3,069

1,«?65

6,407
6,378
5,987

9,709
4,785
3,807

MA-

STOKERS o

Sales

New

orders
index
Total
Num horseher power

52,732

68
65
57
49
49
52

65
73
55
50
59
58

234
183
73
130
122
94

65, 919
27, 262
60, 409
60, 871
42, 857

100.0
18.0
34.9
59.3
42.2

60
49
50
44

64
47
61
69

194
135
129
135

100, 513
59, 719
52, 518
71, 693

58.5
56.4
55.9
63.1

31
48
48
46

61
67
62
48

99
88
50
73

60,486

32, 517

48.7
52.6
53.9
45.1

42
51
40
63

91
110
89
89

66, 492
62, 113
34, 597
47, 939

66.8
56.3
57.5
48.7
42.2
27.0
29.1
32.2

4, 258

696,468
659, 961
662, 482
623, 284

1,491
1,600
1,384
1,253

1,648
1,587

601, 219

3,867
3,976
3,260

1,858

5,413

327, 971
317, 813
264, 486
347, 505

439, 817
454, 974
437, 296
513, 337

33, 712
41, 537
40, 450
37, 953

2,918
3, 933

1,029
1,146
1,061
970

1,692
1,750
1,406
1,362

4,737
3,864
3,526
2,834

2,551

3,040
2,560

524, 486
597, 491
545, 792
482, 324

315, 684

569, 137
614, 579
600, 251

52, 844
50, 056
55, 663
42, 339

2,798
3,065
3,654
3,986

537, 762
575, 530
630, 288
608, 576

1,071
1,046
1,267
1,372

1,081
1,099
1,211
1,298

2,706
2,663
2,709

3,380
2,980

2,751

4,089

42
42
48
56

1,288
1,006
1,015
988

1,304
1,315
1,065
945

2,704 3,428
2,369 3,346
2,269 ' 4, 137
2,330 3,270

44
45
62
49

48
42
85
62

64
102
115
94

34, 447
35, 549

997
1,152
1,023
1,145

63
56
54
62

60
70
68
67

73
104
106
91

25,988

466,067

973
1,001
873
1,293

57
135
131
120

27, 871
46, 298

122
128
147

698, 165
710, 968

345,492

610,'344

374,773

389, 800
430, 479

520/381

285, 217
295, 050
202, 515
244, 408

335, 450
288, 553
277, 342
284, 607

536, 802
513, 001
410, 694
378, 016

219, 946
233, 756
285, 267

327, 291
329, 061
399, 325
431, 656

47, 177
39, 437
42, 763

2,380
2,494
2,204

3,105

3,721

3,276

2,052
2,247

3,512

54
3,057
3,320 ' 45

57, 305
66, 720
73, 739
77, 126

46, 207
53, 038
61, 108
58, 147

304, 725
326, 887
469, 325
345, 908

305, 581
277, 856
348, 590
325, 952

421, 918
446, 895
539, 540
539, 232

59, 815
60, 030
58, 327
56, 288

522, 995
516, 966
545, 812
604, 393

1,148
1,088
1,542
1,471

946
1,067
1,319
1,354

2,417

2,539
2,964
3,550

76,200

63, 380

332, 175
334, 424

407, 340
318, 442

463, 431
460, 383

57, 665

3,136

600, 766

1, 463
1,661

1,392
1,539

3,031
3,150

2,213

3,147
3,071

2,264

397,738

483, 668

3,572

2, 197

48,072
46,878

484,931

3,421
2, 873

2,422
2,627
2,975

4,350

3,933

77
71

50
60
83
62

3,773
4,724
3,477

79
69
57

92
90
48

4,146

Relative

to 1920

57, 653
52, 586
42, 674
42, 527

449, 901
401, 559
442, 981
391, 592

CHINE
TOOLS
(7)

Number

$5, 973

56,576

57, 301

of *

$1, 290
1,945
1,176
1,031
1,531
1,136

235, 226
261, 047
204, 207
320, 109

67,925

PATENTS
GRANTED BY
U. S. PATENT
OFFICE*

&3

2,045

74, 071
34, 691
48, 203
59, 036
60, 741

61, 690

Steam, power, 4and
centrifugal

Shipments

YEAR AND
MONTH
Total

Agricultural

3

Agricultural
implements 9
Internalcombustion
engines

PUMPS
WASHINGMACHINE
SALES i

32, 576

16,241

37,759
41,931
58, 565
37, 167
31, 732

71,099
47, 627
55, 588

44,095

29.7
39.2
34.7
42.5
49.8
50.8
55.5
50.3
64.1
66.4

58, 719

1
Compiled by the American Washing Machine Manufacturers' Association from reports of 48 members representing practically the entire industry in the United
States and Canada. Data for 7 small firms have been estimated to make the compilation complete. Monthly data from 1920, showing electric, gas, and power,
water-power,
and hand machines, separately, are given in November, 1924, issue (No. 39), p. 97.
2
Data reported by 13 members of the Foundry Equipment Manufacturers' Association, said to represent 65 to 70 per cent of the foundry equipment industry. The
principal
products
are molding machines, sand-cutting machines, sand-blast machines, tumbling barrels, sand-mixing machines, cupolas, ladles, core-making machines, etc.
3
Shipments of agricultural pumps are from the Federal Reserve Bank of Chicago in cooperation with the National Association of Farm Equipment Manufacturers and cover
22 firms, except for May and June,. 1922, when only 21 firms reported; the total shipments include, besides the articles shown in other two columns, the value of cylinders
shipped
separately. Comparable data for May, June, July, and August, 1924, are not available, several firms having failed to report.
4
Data on steam pumps, single and duplex power pumps, from the Hydraulic Society covering about two-thirds of the industry, on which monthly data back to January,
1919,8 may be found in the September, 1923, issue (No. 25), pages 54 to 57. The association reports give data by classes.
Patents granted compiled from the official records on file in the U. S. Department of Commerce, U. S. Patent Office, Division of Publications; inasmuch as patents are
granted on Tuesdays only, the number of patents shown for a given month represents the total of either 4 or 5 Tuesdays. Monthly data from 1913 appeared in April, 1923,
,„_ ^.
.....
„
,
,__._, appeared
, ....
—
implements
fallfall
within
thethe
T
Issue (No.
20), page .o48, except
for_.„..__..,
internal-combustion
engines,
which
in T._...
June, ,««„
1923,,__...
issue ~(No.
22), page~ 252.Agricultural
Agricultural
implementspatents
patents
within
1
official classification of "Agricultural implements; planters, harrows and diggers, plows, harvesters, scattering unloaders, r~
"'~- *—'
"- " 'Annual averages
andJ "
threshing
implements.-"
from 1913 to 1918 appeared in February, 1925, issue (No. 42), page 64.
« Stoker sales through December, 1922, from the Stoker Manufacturers' Association, said to represent approximately 99 per cent of the industry? beginning with January,
1923, from reports to U. S. Department of Commerce, Bureau of the Census, from 13 manufacturers, representing practically the entire industry (15 prior to August, 1924,
when
4 establishments consolidated into 2). Monthly data from 1920 appeared in September, 1922, issue (No. 13), page 48.
7
Compiled by the National Machine Tool Builders' Association, including quantity reports from 70 firms said to represent about 60 per cent of the industry. Detailed,
shipments data, since discontinued,
appeared on page 55 of the April, 1924,
issue (No. 32).
10
8
9
Eleven months' average.
Seven months' average.
• Eieht
Eight months' average.
a




45

Table 17.—AUTOMOBILES
EXPORTS 2

PRODUCTION i

Trucks

Passenger cars

YEAR AND
MONTH

Total

United CanStates ada

CanTotal United
States ada

INTERNALREVENUE
TAXES
SALES
NEW
ON 3—
OF
United States
Canada
CAR
FORAC- EIGN REGAS- ISTRACESso- SEM- TIONS,
Complete or chassis
Complete or chassis PasPAAccessenger Tr'ks RIES BLIES
AND
CIFIC
(6)
sories
cars and
COAST
P'TS
and
and
wagPasPas(4)
(6)
Total senger Tr'ks parts Total senger Tr'ks motor ons
cycles
cars
cars
Thous.
ofdols.

Number of cars
monthly av 38, 458
monthly av 45, 307
monthly av. 68, 218
monthly av_ 124, 468
monthly av_ 145, 066
monthly av. 77, 199

1,958
2,115
6,167
7,500
10, 680
18, 938

2,241
2,147
5,330
6,737
6,687
3,937

2,157
1,861
3,489
5,160
5,480
3,078

1919
1920
1921
1922
1923
1924

monthly av
monthly av
monthly av_
monthly av_
monthly av.
monthly av.

26, 364
26, 837
12, 272
21, 182
32, 711
31, 445

6,894
14, 304
3,202
6,546
12, 658
14, 843

5,595
11, 876
2,579
5,591
10, 586
12, 672

1,299 3,547
2,428 7,183
623 3,255
955 3, 191
2,072 4,915
2,255 6,136

11, 691
12, 775
13, 795
12, 135

10, 466
10, 456
10, 875
10, 069

1,225
2,319
2,920
2,066

138, 138
156, 930
127, 933
198, 766
308, 547
271, 897

262, 083

9,814

29, 989

1,457

Thousands of dollars

Number of cars

1

1913
1914
1915
1916
1917
1918

84
286
1,841
1,577
1,207
859

Number of cars

$523
472
j
1,389
2,001
2,635
2,801 7 1, 006

7

780

7226

1,912 1,633
1,918 1,506
893
775
3,164 2,950
5,827 4,790
4,721 3,657

279 8 $5,824 8$1,138 s$86,090
412
6,967 1,263 81, 834
118
4,270
687 67, 474
5,821
214
799 58, 923
1,037
8,857
909 64, 336
1,064
8,427
861 46, 238

5,302
4,917
4,400
5,329

6,352
6,257
5,587
7,122

5,095
5,028
3,907
5,603

1,257
1,229
1,580
1,519

9,209
8,359
9,543
9,576

852
1,003
789
805

55, 720
72, 271
57, 293
53, 079

18, 955
8,851 31, 869
11, 862 23,473

1933
September
October
November
December

302, 352
338, 485
288, 813
279, 864

1924
January
February
March
April-

293, 824
343, 460
357, 045
346, 405

283, 983
331, 388
341, 851
331, 957

9,841
12, 072
15, 194
14,448

30, 741
32, 910
36, 444
37, 948

28, 994
31, 231
34, 404
36, 015

1,747
1,679
2,040
1,933

15, 459
15, 033
16, 364
18, 570

12, 614
13, 329
14, 035
15, 806

2,845
1,704
2,329
2,764

6,140
7,013
8,056
8,673

5,869 4,094
4,013 3,230
8,566 6,477
2,721 2,315

1,775
783
2,089
406

11, 457
6,839
9,778
9,510

1,258
887
736
1,105

57, 537
42, 599
46, 631
46, 657

9,869
12, 307
9,891
12,623

21, 710
23, 049
31, 568
26, 270

May
June
July
August -.

286, 324
225, 079
244, 544
255, 232

271, 033
214, 322
235, 925
249, 796

15, 291
10, 757
8,619
5,436

35, 314 33, 561
29, 067 28,117
26, 391 25,284
28, 647 27, 767

1,753
950
1,107
880

17, 102
12, 341
11, 703
13, 914

14, 363
10, 142
9,946
12, 220

2,739 5,563
2,199 6,560
1,757 5,581
1,694 4,596

5,363 4,302
4,636 3,512
4,319 3,519
3,147 2,575

1,061
1,124
800
572

11, 539
8,425
7,606
6,156

1,098
917
902
702

60, 324
52, 066
59, 314
48, 380

14, 181
12, 976
12,896
10, 460

28,490
26, 065
26, 524
23, 082

September
October
November
December

263, 528
260, 881
204, 343
182, 099

256,
254,
198,
174,

1925
January. ..
February
March
April

212, 921
252, 803
332, 154
391, 302

204, 620
242,024
319, 140
375, 787

382, 714
364, 806

364, 363
350, 557

May
June
July
August

29, 721
31,612
29, 255
28, 990

940
524
381
899

8,074 26, 469
8,890 30, 935
7,002 27, 319
6,031 21, 612

6,588 31, 960
6, 357 32, 475
5,962 27, 905
7,200 27, 542

30, 609
31, 205
26, 824
25, 852

1,351
1,270
1,081
1,690

13, 961
17, 097
13, 517
13, 060

11, 655
14, 373
11,619
10, 962

2,306 4,829
2,724 5,534
1,898 5,686
2,098 4,799

2,930
4,514
5,805
4,772

2,179
3,481
4,352
3,847

751
1,033
1,453
924

9,278
7,469
4,482
8,586

545
1,301
522
361

37, 780
39, 339
27, 936
36, 294

12, 019
12, 584
12,864
9,676

19, 392
24, 269
14, 201
15, 469

8,301
10, 779
13, 014
15, 515

28, 147
34, 412
45, 101
47, 828

26, 582
32,719
43, 012
46,252

1, 565
1,693
2,089
1, 576

17, 474
16, 891
27, 993
28,833

14, 492
14, 739
23, 265
23, 806

2,982 4,764
2,152 5, 363
4,728 8,450
5, 027 8,163

5, 174
5,136
7,573
5, 894

3,732
4,008
6,495
4,760

1,442
1, 128
1, 078
1,134

6, 599
5,563
5,749
11, 121

592
277
461
498

33, 140
28, 786
32, 976
32, 419

13, 075
11, 874
15, 433
16, 279

14, 912
17, 858
26, 394
27,53

18, 351
14, 249

43, 286
37,890

41, 398
36, 096

1,888
1,794

29, 871
20, 408

24, 562
17, 310

5,309 9,081
3,098 7,329

5, 753 4,633
6,081 4,811

1,120
1.270

10, 028

688

32, 826

18, 237
16, 839

28,946
26, 948

-

September
October
November
December
* Monthly automobile production data beginning July, 1921, represent practically complete production, including total membership of the National Automobile Chamber
of Commerce and reports to the Bureau of the Census from outside manufacturers. Annual figures through 1921 represent complete production as compiled by the National
Automobile Chamber of Commerce. Monthly figures from January, 1920, through June, 1921, have been estimated by the Cleveland Trust Co. on the basis of shipments and
are given in detail in the July, 1923, issue (No. 23) of the SURVEY. Total figures prior to 1924 are not strictly comparable with the data for 1924 and 1925, since a few manufacturers
were unable to furnish data for prior years covering their Canadian operations.
2
Automobile exports compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
3 Data compiled by the U.S. Treasury Department, Bureau of Internal Revenue, represent internal -revenue taxes collected under the revenue acts of 1918, 1921, and 1924.
For taxes on automobiles and motor cycles ("including tires, inner tubes, parts, and accessories therefor, sold in connection therewith") the rate is 5 per cent, and payable
by the manufacturer. For taxes on automobile trucks and automobile wagons ("including tires, etc., sold on or in connection therewith ") the rate is 3 per cent, and payable
by the manufacturer. The act of 1924, effective as of July 3, 1924, exempts from tax truck chassis valued not in excess of $1,000 and truck bodies not in excess of $200;
data on this item since August, 1924, therefore, not being directly comparable with those of previous periods. Monthly data from 1920 appeared in January, 1923, issue
(No. 17), p. 51.
* Computed from tax collections by the U. S. Treasury Department, Bureau of Internal Revenue, which were at the rate of 5 per cent on "automobile accessories and
parts sold to any person other than a manufacturer of automobiles" under the act of 1921 and at the rate of 2J/£ per cent under the act of 1924 for goods of the same description. It should be noted that the data in this column have been computed to actual sales values and thus do not represent merely the taxes on those values; also that the
sales5 actually took place in the previous month.
Cars assembled in foreign countries except Canada by the principal American automobile manufacturers compiled by U. S. Department of Commerce, Bureau of Foreign
and Domestic Commerce. These cars are not included in the production figures for the United States and Canada, nor in the exports of complete cars or chassis, but they
are represented
in the value of parts exported.
6
Registrations of new automobiles in the States of Arizona, California, Idaho, Oregon, and Washington compiled by the Federal Reserve Bank of San Francisco. Data
by
States
appeared
in 7the March, 1924, issue (No. 31), p. 56.

8
Nine months' average, April to December, inclusive.
Six months' average, July to December, inclusive.



46

Table 18.—COPPER AND BRASS
PLUMBING FIXTURES i

COPPER
Stocks 1°
Domes
Price
(North and South Ingots,
tics
World 7
Ex- 9
America)
produc- ship- ports,
tion, ments,
trolytic
blister refined refined
(New
York) 11
Refined
Refined
o
Blister
Mines < Smelter *
Production

YEAR AND MONTH

Dollars Number
per Ib.

Short tons
1913
1914
1915
1916
1917
1918

monthly
monthly
monthly
monthly
monthly
monthly

average
average
average. . „ .
average
average
average

1919
1920
1921
1922
1923
1924

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average

51,487
47, 851
62,003
83, 578
78, 976
79,584

51,020
47, 922
57,834
80, 327
78,588
79, 522

50, 514
51, 023
19, 667
41,154
61, 564
66, 115

53, 601
50, 378
23, 938
47, 131
69,478
74, 872

3
231, 901
3208,845
3 134, 299
3 197, 207
3 290, 971
3 325, 083

1933
September..
October
November
December

62, 255
66, 035
63, 885
64,832

72,247
76, 272
73, 575
72,469

295, 438

1934
January..
February
March..
April

66, 631
65, 681
65, 181
66,073

75,734
73, 791
74, 338
71, 072

65, 608
63, 933
64, 787
66, 756

75,734
74,948
74, 072
73, 074

63, 800
68,989
68, 291
67,647

74, 390
81, 003
74, 975
75,333

January
February
March
April

74, 789
68,967
74,901
70,551

82, 676
78,237
87, 109
79, 149

May.
June
July
August..

70, 033
70, 322

77, 041
76,633

May
June
July
August

..

September
October
November
December

326, 928

323,535

316, 197

333, 672

79, 553
113, 016
121, 628

52, 179
25,605
45, 829
61, 293
62, 782

18, 327
25, 886
25, 647
30, 342
33, 322
45, 612

117, 994
118, 103
118, 962
120, 603

47, 218
61, 622
64,049
51, 234

118, 781
117, 627
122, 616
119, 176
124, 250
122, 100
121, 717
119, 166

2

WholeOrders Orders
sale
price, received shipped
6 pieces

Dollars

$0. 1527
». 1360
.1728
.2720
.2718
.2463

35,231
37. 623
26, 784
27, 630
39,909
29.363

340, 152

Sales, tubular

BRASS
FAUCETS2

Number of pieces

$67.58

351, 061
320, 738
267, 969
2
149, 393
2
155, 885
2
136, 434

253, 380
237, 528

.1869
.1746
.1250
.1338
.1442
.1302

34,445
37,543
36, 101
38, 178

126, 549
137, 089
131, 953
155, 885

268, 368
253, 350
253, 632
253, 380

.1332
.1257
.1273
.1282

135, 966
173, 481
261, 190
367, 458

136,374
147, 420
214, 261
289, 915

128.08
126. 61
124. 53
124. 38

338,221
408, 765
502, 860
476, 546

389,845
490, 690
394,798
319, 072

72,419
71, 033
80, 197
65, 799

34,444
44, 639
49, 334
49, 344

160, 195
145, 558
119, 463
110, 421

245, 552
246, 327
238, 029
235, 082

.1240
.1271
.1352
.1321

540, 768
269, 112
289, 694
217, 383

425, 776
260, 548
288, 097
189, 280

123.58
123. 77
123. 65
123. 26

496, 535
515, 521
389, 554
339, 036

362,433
394, 316
428, 782
482, 578

68, 002
61, 325
50, 738
60, 944

49, 159
46, 370
39, 020
40, 891

113, 003
112, 195
126, 859
128, 292

241, 131
241, 931
247, 470
249, 795

.1277
.1233
.1239
.1322

101,433
113, 426
125, 914
283, 933

102, 672
99, 982
118, 855
190,438

121. 70
121. 74
118. 05
118. 00

281, 913
283, 996
307, 400
243, 540

390,419
421, 115
345, 306
275, 309

116, 557
47, 726
129, 547 w 58, 402
122, 008 is 58, 402
125, 939 is 58, 402

48, 625
45, 528
51, 831
48, 161

136, 756

233, 742

136, 434

237, 528

.1292
.1293
.1364
.1426

167,497
174, 822
309, 268
595, 729

143, 267
146, 958
270, 379
452, 401

117.84
116. 15
115. 45
114. 91

447, 604
460, 664
590, 333
890, 924

396, 795
446, 168
296, 729
335, 180

130, 310 i« 63, 924
122, 975 ie 63, 924
135, 359 16 63, 923
124, 510

49, 613
32, 101
62, 728
53, 119

.1471
.1446
.1400
.1325

304, 015
260, 893
146, 494
176, 962

251, 290
216, 019
145, 024
170, 658

115. 28
116. 14
114. 54
114. 46

657, 616
394,882
313, 267
263, 551

676, 537
550, 333
554, 565

125, 674
124,487

56, 664
52, 924

.1335
.1340
.1395

145, 005
186, 515
179,805

140, 577
173, 020
180, 603

113. 69
112. 16

326, 230
299, 931

428, 302
320, 596

2

2

" 220,198 "$208,006
215, 908
207, 849
265,748
224, 054

126. 45
119.84

'« 296, 090 "280,033
478, 768
519, 970
437, 252
381, 261

1935

September
October
November
December..

327, 722

337, 302

122, 348

260, 466

91, 326

248, 286

I

* Tubular plumbing sales from Tubular Plumbing Goods Association, comprising cast, wrought, and miscellaneous traps, basin, bath, and tank supply pipes and connected wastes and overflows. Details by classes, sizes, and geographical distribution are given on the association's reports. Wholesale price, compiled by the U. S.
Department of Commerce, Bureau of the Census, is an average of 12 reports of combined net selling prices to retailers, without freight; on the following competitive fixtures:
Bathtub,
washstand, water-closet, sink, two-part cement laundry tub, and 30-gallon range boiler.
2
Data on brass faucets, representing the total of 22 different kinds of faucets, reported to the National Association of Brass Manufacturers by about 13 members each
month.
3
Quarterly averages appear opposite yearly figures and quarterly totals opposite monthly data..
4
Figures on mine production represent practically complete primary production of copper in the United States,, as compiled
_„
by ._
the American Bureau of Metal Statistics.
f
' Geological
- • - Survey.
Mine8 production from 1913 through 1920 was reported by the U? S. Department of the Interior,
Smelter production data are based on the production of blister copper by smelters in the United States from both domestic and imported ores, also from some scrap
copper, as compiled by the American Bureau of Metal Statistics. Yearly figures for the period 1913-1920 represent production as reported by the U. S. Department of the
Interior,
Geological Survey.
6
Refined production (quarterly) represents the total output of refined copper by primary refiners in North and South America, as compiled by the American Bureau of
Metal7 Statistics.
World production of blister copper includes the smelter output of the United States, Mexico, Canada, Chile, Peru, Japan, Australia, Europe, Belgian Congo, and
Rhodesia. These countries produced about 95 per cent of the world's production in 1922 and about 96 per cent in 1923. The figures are based on smelter production of
blister
copper without any attempt at segregation according to the country of origin.
8
Shipments figures represent the movement of refined copper from 12 refineries, located in both North and South America, as compiled by the American Bureau of
Metal
Statistics.
8
Exports of refined copper compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, include refined copper in ingots and bars, old
and scrap copper, composition metal (copper chief value), pipes, tubes, plates, sheets, and wire except insulated.
M Stocks of blister copper, North and South America, also include copper "in process." Stock figures compiled monthly through September, 1924, thereafter quarterly,
by the
American Bureau of Metal Statistics.
11
Price of ingot copper, electrolytic, New York, based on averages of daily transactions, reported by the Engineering and Mining Journal-Press.
12
Stocks appearing opposite
the years 1919 to 1922, inclusive, are as of Dec. 31 of the
year indicated, whereas the figures opposite 1923 and 1924 are average monthly holdings
13
for the year indicated.
Nine months' average.
" Four months' average. t5 Seven months' average, i6 Prorated from quarterly total.



47

Table 19.—TIN, ZINC, AND LEAD
ZINC 2

TIN*

LEADS

Stocks1
YEAR AND MONTH Ddiv•eries

World
visible

Ore
Im- Price, Retorts ProOre Price—
ports- Pig in oper- duction Stocks ship- stocks,
Prime
Bans, (New ation, (total at re- ments, «w^HRhn western
priJoplin
end
of
(St.
fineries
York)*
blocks,
U.S.
lUOnth mary)
district district Louis)4
etc.

.Bolls,
per Ib. Number

Ixmg tons

Dolls,
per Ib.

Short tons

av
av
EV
av
av
av

3,658
3, 475
4,063
4,685
4, 823
4,862

12,377
14, 907
15, 208
18, 585
18, 803
13, 894

1,930
1,599
2,078
3,331
2,284
286

4,268 $0. 4425
3,728 ' . 3430
4,140 .3859
6,288 .4338
5,763 .6180
5,302

105,684
94,468
156, 568
204, 693
136,639
123,033

28, 890
29,420
40, 793
55,621
.55, 708
43, 160

40,659
20,095
14,253
17, 598
53, 721
41,241

23, 931
21,421
25, 795
30, 625
34, 070
30, 231

$0. 0550
0506
.1305
.1263
.0873
.0789

1919 mo av
1920 mo. av
1921 mo av
1923 mo av
1924 mo. av

2,692
4,260
2,160
4,788
5, 846
5,344

12, 890
19, 726
19, 697
23, 655
21,740
21, 254

1,630
3,322
2,351
2,481
2,667
3,351

3,337
4,689
2,017
5,011
5,755
5,428

.6333
.4827
.2858
.3183
.4180
.4967

100, 830
89, 737
36,623
57, 007
84, 634
76, 748

38, 250
39, 981
17, 966
31,140
44,267
44,654

37, 485
40, 443
79, 829
36, 385
,20, 125
39, 226

35, 326
47, 499
26,184
45, 147
58, 126
60, 924

68, 063
58, 653
41, 454

.0699
.0767
.0466
.0572
.0661
.0661

1983
IVIay
June
July
August

6,035
5,410
5,305
5,510

22, 187
21, 297
20,019
18,754

3,132
2,137
2,037
2,887

5,032
4,896
5,632
5,674

.4235
.4038
. 3797
.38&4

86, 731
84, 455
82, 075
75,325

47,347
42,840
43, 065
41, 625

13, 019
17, 173
21, 240
26, 471

51,042
55,296
31,629
43, 069

64, 050
67, 920
64,000
65, 120

.0663
.0603
.0609
.0733

September
October
November
December

4,540
5,540
6,785
4,810

19, 864
20, 567
19, 520
21,011

2,362
3,677
1,072
1,652

4,290
5,827
5,061
5,615

.4105
.4132
.4350
.4666

81,849
84, 559
84, 906
m, 384

39, 105
42,098
44,280
46, 485

22,893
25,787
30,904
37,578

67, 228
43, 156
67, 845
76,954

62,880
65, 880
53, 320
53,400

.0644
.0629
.0635
.0626

1924
January
February
JVIarch
April

4,895
8,845
4, 560
7,590

24, 372
21,835
23, 275
19, 023

2,812
3, 302
1,802
4,322

5,770
9, 196
3, 513
10, 182

.4825
.5277
.5437
.4946

78, 768
79, 232 i
78,092:
82,650

49,709
43, 933
47, 775
44,949

40, 697
37, 192
32,074
32, 778

49,862
58, 195
84,994
52, 609

51, 440
49, 800
32, 640
41,760

May
June
July . .
August

5,240
4,310
3,930
4,805

19,711
20,094
20, 161
24,302

4,067
4,067
5, 059
3,454

5,052
4,092
4, 833
3,351

.4361
. 4227
.4575
.5141

B.1, 143
75, 155
71,827;
72, 195

47,666
43,442
42,913
41,775

42, 364
49,684
52,705
50, 922

60, 151
45, 836
46,351
73, 727

4,985
5,090
5,790
4,085

20, 233
18, 971
20, 977
25, 088

3,974
2,419
2,089
2,844

5,223
4,496
4,191
5,240

.4860
.5004
.5385
.5572

70, 875
72, 139
77,631
SI, 274

40, 852
42, 488
42, 633
47,711

45, 720
38, 452
26,912
21, 208

7,155
7,205
7,100
6,655

£2,949
23, 591
19, 623
18, 105

4,394
3,949
5, 184
2,309

8,714
6,117
8,037
4,656

.5769
.5652
.5304
.5136

86, 081
87, 377
8f>, 529
86,674

50, 386
46,811
51, 485
48, 851

4,910
6,175
6,475

20, 897
19, 797
19, 857

1, 404
2, 054
2,414

3,847
6, 985

. 5368
.5489
.5668

86, 457
82,358
82, 140

49, 738
45, 921
47,583

1913 mo
1914 mo
1915 010
1916 mo.
1917 mo.
1918 mo

._..
--

September
October
November
December..

1935
January
February
March _
A pril

May

__

.

Jrune
July
August

Production

PriceOre
RePig,
ship- ceipts Stocks— desilments, of lead U.S. and verized
Joplin in U.S. Mexico
(New
district ore
York) *
Dolls,
per Ib.

Short tons
3,972
3, 458
3,776
4,496
5,264 !
5, 561

$0. 0437
.0386
.0463
,0686
.£879
.0741

5,683
7,601
5,701
7,805
7,522
8,336

25, 986
30, 748
37, 449
41, 844

9,103
10,703
3,780
4,114

47, 321
36,022
34, 892
35, 171

,0731
.0715
.0624
.0658

33, 830
37, 467
36, 945

7,732
5,425
6,521
10, 018

34, 280
36, 879
34, 772
34, 077

104, 166

.0686
.0683
.0685
.0737

.0643
.0676
.0649
,0612

36, 670
39, 912
43, 109
40,362

8,127
7,072
9,704
7,352

38, 485
39, 470
39, 924
40,819

100, 530
101, 244
103, 367
110,415

.0797
. 0855
. 0901
.C826

46, 160
48,040
46, 360
41, 240

.0579
.0579
.0590
.0618

44,276
46, 119
44, 483
44, 638

7,790
5,968
5,125
9,470

45, 520
41,096
39, 956
43, 061

109, 922
108, 760
105, 486
103, 457

.0727
.0702
.0712
.0783

55, 878
65, 581
79, 587
58, 809

45, 440
43,400
31, 159
26,600

,0618
.0632
.0680
.0737

46, 925
47, 417
46, 597
45, 920

7,770
9,355
12, 222
10, 078

43,052
45, 577
42, 619
42,552

98,277
97, 471
98, 361
87, 197

.0800
.0824
.0869
.0921

18,996
16, 703
17, 196
18, 337

67, 824
66, 485
62, 796
58, 325

33,120
33, 920
32,200
35,400

.0774
.0748
.0732
.0699

47,091
42, 237
49, 635
46,209

13, 449
10, 694
9, 732
9,749

47, 254
45, 224
46, 0.81
45,005

100, 925
105,812
104, 784
100, 963

.1017
.0943
. 0891
.0801

21, 210
22, 906
20, 771

71, 248
62, 997

35,440
33, 680
19,920

. 0695
.0699
. 0724

47,316
50, 095

9, 605
10,089
7, .822

45,426
45, 397

97,462

,0799
.0832
.0815

43, 869

102,041

.0576
.0796
. 0455
.0573
.0727
.0810

September
October
November.
December
1 Deliveries and stocks of tin from New York Metal Exchange. Stocks in the United States are at port warehouses at the end of the month, while deliveries are from
these warehouses and indicate -approximate consumption. The 'world visible supply at the end of the month includes stocks in the United States in Europe and afloat.
Imports
of tin in bars, blocks, etc., from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
2
Production and stocks ^at refineries at end of month of total primary zinc and retorts in operation at end of month from American Zinc Institute. Ore shipments and
stocks at Joplin district mines at end of month from the Joplin Globe.
3 Production of crude lead (amount extracted from Mexican ore deducted), receipts of lead in United States ore, and total subscribers' stocks in the United States and
Mexico of ore, matte, base bullion, and refined lead, including antimonial, reported by the American Bureau of Metal Statistics. Shipments of lead ore from, mines of the
: 3opHn district from the Joplin Globe.
4
\
Price quotations, representing averages of daily prices are from the Engineering and Mining Journal; prices on tin and lead are New York quotations and zinc is from
Bt. Louis.
4
Eleven months' average, August missing.




48

Table 20.—MISCELLANEOUS METAL PRODUCTS
BABBITT METALi

FIRE EXTINGUISHERS 3

ARSENIC a

Crude

Consumption

Refined

Shipments

YEAR AND MONTH
Total
apparent

Direct by
producers

Sale to
consumers

Production

Pounds

Stocks

Production

Stocks

1,497

2,916

Motor
vehicles

Hand
types

Number

Short tons

1922 monthly average
1923 monthly average
1924 monthly average

FARM
IMPLEMENTS *

Sales in
Northwest
Thous. of
dollars

1,072
1,519

642
3,268

$1, 450
1,393
1, 657

873
888
1,223
1,014

677
590
627
429

461
648
1,320
1,342

1,040
1,094
1,083
664

532
377
332
685

1,471
1,944
3,609
2,497

667
1,139
1,528
1,646

901
751
1,435
1, 573

1,441
968
'444
569

1933
January
February
March
_
April

_.

May
June
July
August

... -

September
October
November
December

...

1934
January
February
March
April

1,507
1,369
1,566
1,819

2,393
2,194
1,963
2,152

1,901
1,399
1,791
1,656

1,101
1,169
1,624
1,856

346
639
1,368
1,235

May
June
July
August

1,746
1,761
1,726
1,502

2,448
2,866
3,049
3,222

1,487
1,486
1,622
1,674

2,056
2,164
2,685
3,755

1,487
1,676
3,639
3,772

1,323
1,129
1,280
1,240

3,448
3,475
3, 730
4,151

1,385
1,224
1,467
1,141

4,708
5,181
6,245
6,676

2,802
1,438
784
699

September
October
November
December

..

1925
January .
February
March
April
May
June
July
August

.
_

5, 683, 182
5, 164, 619
5, 644, 288
5, 126, 415

1, 062, 368
1, 061, 279
1, 248, 387
1,198,280

4, 620, 814
4, 103, 340
4,3)5,901
3,928,135

978
1,224
946
684

4,276
4,651
4,394
3,881

1,269
1,218
1,301
1,210

6,997
7,204
7, 055
6,913

114
101
110
132

50, 538
42, 146
47, 679
51, 662

639
1,318
2,293
2,334

5,081,667
5, 034, 965

892, 110
949,841

4, 189, 557
4, 085, 124

507
752

3,384
3,193

461
1,317

6,505
7,018

138
137

49, 615
50, 590

2,009
2,454

November
December
* Compiled by the U. S. Department of Commerce, Bureau of the Census from reports of 27 firms. Consumption is calculated from sales by manufacturers and consumption
by those firms (among them several important railroad systems) who consume their own production.
2
Compiled by the American Bureau of Metal Statistics. Figures on crude arsenic cover this element in its primary state while those on refined arsenic cover this commodity
as derived from the crude. Stocks are those in producers' hands at the end of each month.
3
Data on shipments of fire extinguishers compiled from reports of 33 companies to the U. S. Department of Commerce, Bureau of the Census. Further details by classes
are given
on press releases. Data compiled by the Fire Extinguisher Exchange from January, 1922, through September, 1923, appeared in May, 1924, issue (No. 33), p. 81.
4
Farm implement sales in the Northwest by seven large implement manufacturers, compiled by Federal Reserve Bank of Minneapolis, include plows, harrows, and
packers, drills and planters, mowers, rakes, binders and headers, hullers, potato diggers, beet lifters, gas engines, tractors, threshing machines, binder twine, spray material,
ensilage cutters, blowers, feed and fanning mills, concrete mixers, wagons and trucks, manure spreaders and litter carriers, wheelbarrows, silos, tubs, tanks, dairy and barn
equipment, pumps, sprayers, windmills, etc.




49

Table 21.—COAL

Consumption

COKE

ANTHRACITE

BITUMINOUS
i

Prices

Prices

Production i

Price

!

Wholesale,
By
vesMine Kaiia- Retail
sels electric aver- wha
Chi- 6
clear- power4 age f. o. b. cago
ing 3 plants (sfot) Cinports
cinnati
(«)

Production i

Exports 3

Thous.
of short
tons

Thous.
Thous. of long of
short
tons
tons

YEAR AND MONTH

1909-13 monthly av.
1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av__.
1917 monthly av

39, 870
35,225
36,886
41,877
45,983

1,098
1,499
1,150
1,397
1,581
1,789

642
606
620
620
574
461

1918 monthly av__.
1919 monthly av_ _ .
1920 monthly av
1921 monthly av
1922 monthly av__.
1923 monthly av__.
1924 monthly av_._

48,282
38, 822
47, 389
34, 660
35, 189
47,013
40,273

1,663
1,497
2,866
1,722
919
1,596
1,270

604
780
629
343
379
332

1923
September .
October
November
December

47, 805
50,869
44,387
41,208

1,769
1,489
1,253
1,078

1924
January
February
March. .
April

52,464
47,262
41, 253
30,404

May
June
_
July__
August

Dollars per short ton

Pro- Stocks,
Wholeduc- end of Ex- 2 sale, Retail,
tion i mo. ? ports chest- chestnut,
nut,
New
New York«
York'

Thous.
per Dols. per
of long Dols.
long
of short Thous.
short
long tons
ton
tons
ton

Beehive

ExBy- ports 2 Connellsprodville«
uct

Thous. of
short tons

Thous. Dols. per
of long short
ton
tons

$1.23
1.14
1.12
1.85
3.25

$2.20
2.20
2.20
2.68
4.58

$4.81
4.93
4.89
4.87
6.95

7,627
7,569
7,416
7,298
8,301

288
346
319
295
347
462

$5.31
5.32
5.33
5.57
5.94

$6.97
7.00
7.17
7.34
8.46

2,799
1,945
2,292
2,955
2,764

1,059
935
1,172
1,689
1,870

73
73
49
67
87
104

$2.44
1.81
1.79
3.25
8.25

2,925
3,094
2,631
2,849
3,238
3,132

2.58
2.59
5.64
2.55
3.63
2.75
2.08

3.88
4.11
5.85
4.56
5.20
4.31
3.43

6.55
6.86
8.48
8.58
9.50
9.23
8.15

8,236
7,341
7,467
7,539
4,557
7,954
7,778

2,673
1,478
696
2,983

370
370
402
348
197
379
300

6.86
8.27
9.50
10.53
10.60
10.88
11.37

9.19
10.81
12.33
13.52
13.70
14.21
14.00

2,540
1,587
1,748
462
670
1,615
806

2,166
2,095
2,565
1,646
2,375
3,133
2,833

126
53
68
23
38
92
55

6.00
4.74
10.79
3.65
7.08
5.47
3.53

393
369
351
311

3,168
3,579
3,474
3,395

2.40
2.25
2.23
2.17

3.89
3.89
3.89
3.39

8.73
8.77
8.75
8.71

2,853
8,532
7,575
7,530

740
1,065
1,244
1,441

176
401
369
329

11.13
11.47
11.48
11.48

14.50
14.58
14.58
14.50

1,480
1,391
1,189
1,147

3,119
3,107
2,948
3,005

95
78
49
45

4.81
3 98
4.08
4.13

1,046
1,263
1,112
943

323
335
303
347

3,664
3,326
3,237
2,891

2.23
2.25
2.15
2.07

3.64
3.64
3.39
3.39

8.71
8.73
8.56
8.06

7,924
7,621
8,114
6,811

1,494
1,660
2,016
2,125

272
310
311
245

11.47
11.47
11.48
10.97

14.50
14.13
14.33
13.50

1,154
1,211
1,343
1,079

3,094
2,981
3,221
3,010

53
56
112
45

4,03
4.19
4.18
3.78

32,248
31,433
33, 317
35,892

1,232
1,514
1,631
1,393

370
341
346
317

2,821
2,680
2,789
3,016

2.04
2.03
1.98
1.99

3.39
3.39
3.39
3.39

7.85
7.85
7.85
7.85

7,745
7,704
7,782
7,086

2,291
2,677
3,198
3,779

275
349
290
257

11.06
11.16
11.28
11.38

13.57
13.63
13.70
13.78

761
555
447
434

2,808
2,426
2,369
2,446

40
48
49
42

4.41
3.23
2.96
3.00

September _
October.. ..
November..
December

42, 340
48, 373
42,066
46,288

1,503
1,534
974
1,090

312
351
289
352

3,012
3,221
3,293
3,635

2.03
2.10
2.06
2.06

3.39
3.39
3.39
3.39

7.83
8.21
8.13
8.14

7,601
7,674
6,776
7,376

4,146
4,167
4,166
4,080

327
362
283
321

11.47
11.48
11.47
11.73

14.13
14.17
14.17
14.42

523
631
630
900

2,546
2,900
2,927
3,267

42
56
57
56

3.13
3.13
3.23
4.04

1925
January
February
March. .
April

51, 930
38,987
37,626
33,702

980
820
919
886

325
294
313
353

3,714
3,127
3,174
2,959

2.09
2.04
1.98
1.96

3.39
3.39
3.39
3.39

8.51
8.50
8.48
8.41

7,419
7,176
7,058
7,472

3,809
3,692
4,068
3,940

296
289
201
230

11.75
11.75
10.95
10.76

14.33
14.42
14.42
13.67

1,170
1,054
1,006
806

3,411
3,125
3,456
3,316

63
61
66
53

4.64
4.08
3.52
3.17

35,474
37, 188

1,357
1,436

400
394

2,965
3,102

1.97
1.95
1.95

3.39
3.39
3.39

8.06
8.23

8,134
7,804

3,913
4,203

325
314

10.88
10.96
11.07

13.68
13.78

613
596

3,290
3,157

59
50

3.11
2.90
2.91

May
June
July
August

.

September..
October

1
Production figures, calculated from shipments from the mine, representing complete production except for small quantities used at the mines, compiled by U. S.
Department of the Interior, Geological Survey. Monthly data from 1911 given in November, 1924, issue (No. 39), p. 215. Periodic data on total stocks from 1916 given in
March,
1924, issue (No. 31), p. 13.
2
Exports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; bunker coal on vessels engaged in the foreign trade is not included in
these3 figures. Consumption of coal by vessels loading at principal clearing ports is given in the table on ocean transportation on p. 109.
Coal loaded for consumption by outgoing vessels at principal ports compiled by U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly
data4 covering the period 1913-1923 appeared in October, 1923, issue (No. 26), p. 61.
Data on consumption of coal by electric power plants from U. S. Department of the Interior, Geological Survey.
»Average mine price of spot coal in 14 representative bituminous fields weighted by the production in each field, compiled by the Coal Age; about 20 per cent of the
total output of bituminous coal is sold spot, while about 55 per cent is sold on future contracts, and 25 per cent of the output is not sold commercially.
6 Wholesale and retail prices are monthly averages from U. S. Department of Labor, Bureau of Labor Statistics. Wholesale price of bituminous coal is based on run of
mine, while the retail price is average consumer's price of lump, egg, nut, and mine run, averaged according to shipments. The price of coke represents beehive furnace
coke7 (range of prompt and future) at Connellsville ovens.
Anthracite stocks, representing stocks at distribution points and excluding Hudson Coal Company tonnage, from Anthracite Bureau of Information.

54240°



50

Table 22.—CRUDE PETROLEUM
STOCKS *
(end of month)
PRODUCTION i

YEAR AND MONTH

Tank
^ farms
and pipe
lines

Grand
total

IM-

Refineries

Number of
days'

•»•

Thousands of barrels
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly
1918 monthly

CONSUMPTION <

average
average
average
average
average
average

20, 704
22, 147
23,425
25,064
27,943
29,661

104,962
123,709
145, 914
144,556
133,883
117,412

104, 962
123, 709
145, 914
144, 556
128,201
103,886

5,682
13, 526

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

31, 531
36,911
39, 137
46,463
61,034
58,939

124, 961
150,069
179,888
278,605
326,682
388, 987

110, 026
133, 115
159,237
245, 673
294,659
349,447

62,377
62,845
65, 925
66,422

310,783
321, 970
332, 949
341, 371

September
October
November
December

65,306
67,506
65, 388
59,546

1934
January
._ .
February
March
April
May
June
July
August

PORTS 3

Total

Run to
stills

Thousands of barrels

159
126

1,484
1,437
1,512
1,714
2,514
3,144

21,808
21, 774
22,772
26,549
31,478
34,423

14, 935
16,954
20,651
32, 932
32,023
39,540

116
92
111
153
147
166

4,401
9,054
10,442
10,609
6,835
6,481

279, 272
290,252
299, 368
307, 100

31,511
31, 718
33,581
34, 271

146
151
146
144

347, 246
357,458
365, 899
368, 033

314, 493
323, 789
332, 887
334, 774

32, 753
33, 669
33, 012
33, 259

56, 455
55, 454
59, 729
59,433

367, 615
372, 216
377,549
381, 446

333, 742
331, 727
334, 811
338, 203

61,653
59,292
61, 083
61,704

387, 276
391, 718
396, 210
403, 621

59, 611
59,937
56,297
56, 617

January
February
March
April

59, 519
54,045
60,433
61, 431

May
.. .
June
July
August

68,082
66, 675

Price,
Kans.Okla.,
at
wells5

Oil
wells
completed e

Per
barrel

Number
of wells

MEXICAN
FIELD 7
Shipments

Storage,
Tampico
field

Thousands of
barrels

26,261
27,169

$0.934
.798
.583
1.258
1.775
2. 197

1,592
1,389
763
1,565
1,383
1,487

2,159
1,766
2,743
3,318
4,608
5,319

34,873
43, 732
43, 748
49, 370
59, 526
62,486

30, 127
36,160
36,947
41, 725
48,436
53,842

2.279
3.404
1.704
1.806
1.439
1.446

1,747
2,024
1,218
1,445
1,357
1,212

7,280
12,814
15,093
15,611
12, 147
11,309

8 21, 763
21,927

5,995
5,996
6,915
7,580

57,811
55, 145
62, 057
64, 608

47, 973
47, 969
50,926
50,015

1.525
1.450
1.450
1.450

1,871
1,830
1,733
1,465

12, 297
11,943
12, 119
13, 019

19,023
19,556
20,743

148
155
160
157

6,021
6,825
6,085
8,417

62, 224
63,600
60, 860
63,854

48,812
50,904
50, 364
51,249

1.345
1.238
1.050
1.015

1,278
1,140
1,007
887

11, 282
11, 529
11, 974
13,563

23,653
23, 758
23,095
22,513

33, 873
37, 174
39,018
39, 518

162
160
159
160

6,303
6,511
8,631
7,297

62,262
59, 135
63,237
61,786

51,244
49, 907
52, 699
55, 249

1.244
1.513
1.670
1.750

774
910
1,088
1,429

9,911
11,809
13, 331
13, 514

24, 131
24,387
24, 346
22, 527

346,751
351, 218
356, 240
362, 985

40,525
40,500
39,970
40,636

167
171
177
180

7,393
6,660
6,502
5,762

62, 373
59, 943
61, 154
59,479

54,725
52, 436
52, 877
54,658

1.735
1.550
1.550
1.375

1,657
1,521
1,593
1,389

12, 459
11,254
10,886
10, 530

21,585
20, 691
21, 167
20, 970

405, 249
402,693
400, 062
396,801

363, 700
362, 374
359, 658
351, 950

41,549
40, 319
40,404
40, 995

169
170
164
155

5,354
4,873
6,649
5,841

62, 415
64,713
64,209
69, 122

53, 617
55, 779
55,029
57,880

1.313
1.250
1.212
1.195

1,126
1,060
1,007
994

9,374
9,989
11,204
11,443

21, 413
21, 413
20,723
19, 769

391, 233
392,029
392, 373
397, 223

347, 943
348, 359
348, 731
352,814

43,290
43, 670
43, 642
44,409

159
165
163
159

7,025
5,580
6,375
5,415

66,614
58,087
65, 379
65, 642

57, 333
52, 993
59,407
59, 180

1.293
1.738
1.800
1.800

883
990
1,089
1,567

11, 014
10,234
11,704
9,609

20,179
19, 673
18, 354
19, 356

6,484
5,153

69, 777
74, 592

62, 380
64,874

1.800
1.800
1,800

1,671
1,706

10,254
8,913
8,440

19, 189

1923
May
June
July
August

_.

.

September
October
November

December

. . __
_._

1935

September
October
November
December

i

1
Production data, compiled by U. S. Department of Commerce, Bureau of Mines, represent output transported from field of production, excluding oil consumed at
locality of production or not transported therefrom, which has comprised only 1 or 2 per cent of the total production since 1919. Details by States and fields are given in
monthly
press releases. Monthly data from 1917 to 1920 given in December, 1922, issue (No. 16), p. 48, for 1921 and 1922 in August, 1923, issue (No. 24), p. 77.
2
Compiled by U. S. Department of Commerce, Bureau of Mines, consolidating work formerly carried on by the Bureau of Mines and the Geological Survey under the
Department of the Interior. Tank-farm stocks include total stocks at pipe lines and tank farms, producers' stocks in California and imported oil held outside refineries.
Prior to January, 1923, these figures "included topped oil and imported oil at refineries, but the duplication between this item and the total stocks at refineries was slight.
This old method of securing figures showed totals about 2 per cent greater than those secured by the new method used in 1923. Adjustments have been made in figures
of some of the earlier years to represent approximate net stocks for comparison with later figures. Producers' stocks east of California are not included in the monthly totals,
but have ranged between 3>£ and 9J3 million barrels at annual compilations since 1919. Refineries' stocks include both imported ancl domestic oil. The number of days
supply is calculated from the tank-farm and pipe-line stocks and from current consumption. Monthly data on stocks from 1917 to 1919 appeared in December, 1922, issue
(No.3 16), p. 48; for 1920 to 1922 in July, 1923, issue (No. 23), p. 50; on days' supply from 1921 in August, 1923, issue (No. 24), p. 77.
Imports of crude petroleum are as compiled by the U. S. Department of Commerce, Bureau of Mines. Beginning with February, 1923, topped oil has been generally
excluded from the imports; on this basis imports for January, 1923, were 5,069,000 barrels instead of 6,199,000 barrels, as reported, and to which previous months' figures
are 4comparable.
Data on total consumption representing deliveries to domestic consumers, compiled by the U. S. Department of Commerce, Bureau of Mines, from figures on production,
imports, exports, and differences in stocks (except refiners' stocks). The change on the basis for computing stocks and imports at the beginning of 1923 changed consumption for January, 1923, from 53,902,000 barrels on the old basis to 56,210,000 barrels on the new basis. Figures on crude oil run to stills at refineries represent consumption
by refiners.
« Wholesale price of Kansas-Oklahoma crude oil at wells is average for the month as compiled by the U. S. Department of Labor, Bureau of Labor Statistics.
87 Number of oil wells completed during the month compiled by U. S. Department of Commerce, Bureau of Mines.
Mexican petroleum shipments from the three ports, Tampico, Port Lobos, and Tuxpam, indicating Mexican oil production, from the Oil Trade Journal, the preliminary8 figure for the current month being taken from the Wall Street Journal. Storage of oil in the Tampico field in Mexico front»the Wall Street Journal.
 Average of seven months, June to December, 1923, inclusive.



51
Table 2&—®AS®BEN& ANB KEROSENE
KEROSENE OIL

GASOLINE

Production i

YEAH AND MONTH

Domestic
tion*

Exports 2 consump-

Stocks,
end -of
month i

Thousands of gallons

Price,
motor,
NewYork 3

Retail
distribution,^!
States *

Dollars
per gal.

Thous. of
gallons

1917 monthly average
1018 monthly average
1919 monthly average
1920'montlily average

237, 546 ••.
297, 526 >
329; 821
400, 879 ;

34, 676
40, 926
30,667
52, 979

218, 420
260,772
286, 234
354,225

343, 946
386, 202
472, 411
464, 485

$0.238
.242.
.245
.293

1921
1922
1923
1924

429,462
516, 853
629, 662
746; 640

43, 817
48,295
69, 801
98, 251

376, 336
447, 674
557, 086
647, 136

630, 757
785, 189
1/126,;643
1,376,878

.261
.251
.207
.180

623, 723
568/652
630,701
619, 043

58,505
66, 968
68,506
65, 655

456, 967
380, 093
446; 460485,717

1, 002, 857
1, 130; 341
1, 259, 200
1, 336, 418

631, 705
636, 734
636, 912
6-18, 955

71, 153
70-, 398
80; 693
76,658

582, 536
633,505
674, 019
692, 154

623,733
659, 061 .
617, 558
659, 169',

72, 352
82,504
53/656
70/565

1921
January
February
March. _. ...
April
_

695, 323:
683,736
743, 248:
754, 773:

May. j _
June_
July.
August

September "_
October
Noveii) ber
December _

monthly average
monthly average
monthly average
monthly -average

Production i

Consumption!

Stocks at
refineries,
end of
month *

Thousands of gallons

Price,
Retail
f. o. b. distriburefintion,
13
eries,
States 5
Fa.3
Dollars
per gal.

Thous. of
gallons

133, 501
152,113
195, 156
193, 341

120, 546
116, 158
115, 789

6 521, 273
405, 203
300,582
379,472

$0. 080
.107
.115
.149

149,593
185, 097
228,. 726

162, 094
192, 194
195, 745
210, 092

103, 378
121,991
124,378
129,424

402, 522
301, 542
261, 657
309, 228

.085
.085
.084
.080

29,107
30, 268
31,559

.220
.231
.245
.240

139, 605
131, 990
136/211
144,607

212, 448
180,375
190,701
181,948

123, 233
121,038:
113,019
128, 789 '

275, 437
272,763
283,340
273, 005

.097
.097
.094
.088

26, 672
24fOOO
27,024
27, 718 >

1, 328, 533
1,263,583
1, 165, 389
1, 053, 858

.220
.215
.213
.200

183, 829
210,713
211, 441
224,293

189, 177
I 179,074
; 188,226
186,219

134, 563
122,709
123, 257
131,888

272,672
264, 301
269,460
243, 618

.081
.076
.074
.071

34, 156
31, 189;;
30,351
35,444

655, 798
621, 173
538, 309
518, 305

972, 705 :
946, 873 i
985; 046 .
1, 074, 900

.191
.185
.170
.155

217, 187
214/556
207/305
199/416

193,688
191,346
220,811
234,921

117, 520
124,568
132V3S4
119,667

238, 024
224,954
239, 114
283,196

.076
.083
.083
.082

33, 191
32, 091
32/260=
29,114

85, 946
101,597
79; 439
114/396

500, 421
403,704
467, 181
607,175

1, 200, 288 1,38% 3841,587,585
1, 625, 869

.165
.200
.198
.200

173, 852
153; 733
171, 095
198/631

217,768
196,826
200r039
203,186

135, 979
116,979
123,740
155/424:

300, 265
306,727
330, 010
288,965

.088-:
.091
.083
. 080

29,484
28,014
27,873
32,191

779, 194
737,081
741, 975
755, 780

94,073
110/164
86; 246
' 108/685

672, 495
686, 674
789, 667
81-9, 468

1, 649, 954 i
1,593,858,
1,470,923"
1, 311, 021

.200
.200
.195
.188

221, 110
233,522
272,832
287,514

199, 992
183,141
194,201
204,107

105, 578
111,401
105,548v
133; 473

304,006
293, 323
301,157
304,136

.076
.073
. 072
.072

35,566
29,858
28, £9833,964

750, 264
760, 647
762, 046
795, 613

113, 901
90,907
94/951
98,701

718, 069
751, 499
698, 359
662,589

1,229,606:
1,152,374
1, 133, 169
1,179,503

.175
.140
.148
.150

269, 142
268/404
257,075
237,801

211, 830
232r£66
233, 521
243,832

136, 544
134/909
136,606
156, 286

297, 749
308, 125
337,448
338, 826

.083
.083
.082
.084

38,103
34,109:
30; 971
29, 972

831, 652
790, 442
853, 574
860, 492

95, 518
99, 813
118,854
104, 442

596, 406
542/427
620,636
810, 849

1, 330, 236
1,487,142
1,610,868
1,561,002

.170
.210
.205
.200

224, 201
220,524
224, 567
266,368

247, 727
214/421
219/908
201, 163

337,679
118, 168
116, 796
141,774

378, 598
419, 582
440,870
419, 850

.083J
.084
.082
.078

31, 139
30,173'
30/388;
35,054

922, 040
944,175

98, 510
111,690

845, 716
872,356

1,567,602;
1, 547, 223

.190
.215
.220

288, 055
288/130

202, 559
193, 664

.075
.075
.072

34, 491
31,648

1933

January
February
March
April
May
June
JulyAugust

_
.

_

September .
October
November
December •

1925
January
February
March. .. „
April
May
June.
July.
August

September
October.
November.
December...

_ _

.

;

\. ._

1
2

Producti-ony consumption, and stocks held by refiners at end of month, from the- U. S. Department of Commerce, Bureau,of Mines.
Exports of gasoline taken from the U. 3. Department of Commerce, Bureau of Foreign and Domestic Commerce-, include gasoline and all other naphtha, less exports to
the -Philippine
Islands, to agree with data used by the Bureau, of Mines.
3
Prices compiled by U. S. Department of Labor, Bureau of Labor Statistics. Gasoline price represents price of motor gasoline delivered in drams to.garages in New York
City, the 1913 price being $0.168 per gallon.
1924, issue of the SURVEY (No. 34). Beginning with July, 1923, Pennsylvania data are only available quarterly and have been divided by three to secure corresponding
monthly
figures. Data for Nebraska have been estimated for the first six months of 1925, and for Pennsylvania for the second quarter of 1925.
5
Retail distribution of kerosene, collected from the tax statistics of Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Michigan, Minnesota, Nebraska, North
Dakota, Oklahoma, South Carolina, and South Dakota by the American Petroleum Institute. Data tor Indiana, Michigan and Nebraska estimated for first six montha
of 1925.
6
Six months' average, July-December, inclusive.




52

Table 24.—OTHER PETROLEUM PRODUCTS
GAS AND FUEL OIL

LUBRICATING OIL

Consumption
Production »

YEAR AND MONTH

Total i

Stocks at
refineries,
end of
By
electric
month i
power3
By vessels 2
plants

Dolls,
per bbl.

Thousands of gallons
1917
1918
1919
1920

monthly average
monthly average
monthly average
monthly average

524, 036
610, 116
635, 607
738, 454

20, 664
23,100
87, 773
137, 993

20, 664
23, 100
49, 098
92, 064

1921
1922
1923
1924

monthly average
monthly average
monthly average
monthly average

805, 318
892,186
1, 006, 183
1, 121, 664

136, 804
157, 099
182, 916
210, 031

989, 376
902, 563
970, 891
976, 766

Price,
Okla.,
24-26
at refineries i

Production i

Consum ptioni

Stocks at
refineries,
end of
month *

Price,
600°
steam
refined
Penn.
field *
Dolls,
per gal.

Thousands of gallons

38, 675
45, 929

* 621, 860
548,985
778, 396
687, 858

$1. 525
1.885
1.120
2.622

60, 137
70, 122
70, 563
87, 284

48, 379
47, 598
51, 542

« 122, 526
144, 521
161, 491
137,212

$0. 112
.172
.224
.416

94, 752
110, 922
131, 754
151, 620

42, 052
46, 177
51, 162
58, 411

1, 164, 926
1,438,811
1, 369, 624
1, 582, 368

.687
.951
.929
.961

73, 155
81, 563
91, 447
96, 244

44, 189
52, 342
61, 662
63, 093

231, 172
230, 678
229, 494
247, 428

.120
.110
.118
.195

169, 427
155, 054
180, 226
174, 453

116, 676
106, 092
131, 880
133, 266

52, 751
48, 962
48, 346
41, 187

1, 265, 075
1, 276, 876
1, 254, 122
1, 272, 978

.940
1.013
1.050
1. 125

87, 078
77,498
90, 745
90,693

49, 711
57, 268
62, 513
62,154

240,690
238, 859
235, 263
234, 700

.099
.130
.153
.143

966, 166
970, 870
1, 053, 243
1, 010, 658

176, 843
188, 649
174,763
201, 152

134, 358
145, 194
125, 454
144, 354

42, 485
43,500
49, 309
56, 798

1, 246, 662
1, 324, 025
1, 400, 814
1, 462, 182

1.038
.988
.900
.926

105, 363
95, 726
93, 961
87,262

74, 255
58, 575
71, 030
69, 270

226,289
225, 137
224, 952
220, 419

.129
.116
.107
.099

1, 032, 591
1, 069, 800
1,057,932
1, 073, 337

192, 523
205, 068
189,810
189, 796

136, 794
147, 168
131,880
127, 932

55, 729
57,900
57, 930
61,864

1,481,204
1, 436, 591
1, 499, 926
1, 515, 035

.856
.800
.719
.790

87, 172
88,003
96, 120
97, 748

62, 130
58, 943
60, 974
53, 115

215, 013
218, 485
231, 335
242, 785

.097
.109
.111
.128

1, 062, 892
1, 025, 422

200, 659
196,921
193, 674
202, 946

132,678
132, 090
128, 898
151, 116

67, 981
64,831
64, 776
51,830

1, 471, 544
1,491,173
1, 487, 464
1, 536, 337

1.088
1.156
1.075
.969

94,535
93,824
101, 127
96,967

69, 142
49, 825
64,584
61, 095

243, 005
253, 511
249, 418
251, 047

.178
.199
.216
.225

211, 773
209, 775
219, 328
218, 852

160, 986
153, 300
160, 046
155, 904

50, 787
56, 475
59,282
62,' 948

1, 555, 663
1, 618, 564
1, 605, 951
1, 658, 671

.831
.780
.781
.781

104, 439
96,995
87,490
92, 761

65,194
58, 668
65, 348
66, 368

243, 732
248, 586
245, 626
242, 753

.203
.185
.178
.165

1933
January
February
March..
April

.
__

May
June
....
July
August .
September
October
_.
November
December .

._
...
.

1934
January.
February ...
March..
April
May.
June
July
August

.

..

1,114,412
1, 116, 764
1, 155, 936
1, 106, 712

_

1,102,786
1, 167, 211

September
October
November
December..

.

1,113,911

.. _i

1, 160, G83
1, 134, 147
1, 199, 093

211,442
232, 904
195, 880
227, 313

153, 090
173, 880
148, 008
169, 596

58, 352
59, 024
47, 872
57, 717

1, 639, 869
1, 611, 586
1, 641, 090
1, 670, 509

.920
.933
1.019
1.170

90, 228
97, 223
94,948
104, 391

64, 244
61, 801
70, 580
60, 264

243, 883
247, 998
242, 246
257, 336

.179
.186
.194
.226

1, 171, 402
1, 058, 725
1, 203, 906
1, 230, 322

205, 118
178, 182
176, 590
186, 214

147, 336
136, 416
141, 582
156, 870

57, 782
41,766
. 35,008
29, 344

1, 619, 688
1, 639, 105
1, 647, 523
' 1,736,995

1.331
1.325
1. 114
1.031

103, 164
100, 503
118, 494
107, 096

52,104
67, 026
70, 012
69, 450

268, 699
275, 258
286,155
285, 420

.224
.230
.215
.180

1, 274, 465
1, 360, 386

196, 157
188, 771

167,790
156, 240

28, 367
32, 531

.913
.935

109, 184
104, 535

1935

January
February
March
April

«

May
June
July ...
August .

September
October
November
December

.179
.199

...

1 Data from U. S. Department of Commerce, Bureau of Mines.
2
Compiled by U. S. Department of Commerce, Bureau 'of Foreign and Domestic Commerce, covering loading of vessels for foreign trade at principal clearing portSi
Monthly
data covering the period 1913-1923 appeared in the October, 1923, issue (No. 26), p. 61.
3
Fuel consumption by electric power stations from U. S. Department of the Interior, U. S. Geological Survey.
4
Prices from U. S. Department of Labor, Bureau of Labor Statistics.
« Six-months' average, July to December, inclusive.




53

Table 25.—HIDES AND SKINS

Total
hides
and
skins

YEAR AND MONTH

Calfskins

Cattle
hides

WHOLESALE
PRICES 3

STOCKS, END OF MONTH »

IMPORTS i

Sheepskins

Goatskins

Total
hides
and
skins

Cattle
hides

Calf
and
kip
skins

Sheep
and
lamb
skins

Dolls, per pound

Thousands of pounds
1909-1913, monthly average
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average

42, 854
41, 490
46, 350
53, 856
60, 526
52, 589
30, 158

< 6, 815
6,372
5,576
4,076
5,221
2,465
632

« 19, 160
18, 629
25, 671
34, 053
33, 683
30, 890
18, 421

8,199
7,473
6,321
6,607
8,686
7,409
5,197

5,289
5,684
5,495
6,257
8,461
6,999
4,372

1919 monthly average.
1920 monthly average.
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average.

62, 070
42, 499

33, 940

45, 938
44, 315
29, 723

5,380
2,928
3, 995
4,630
4,058
3,426

11, 138
6,684
5,260
6,745
7,152
4,353

7,086
6,896
3,822
5,136
6,353
4,843

5 435, 477
430, 897
355, 025
357, 392

60, 151
57, 231
53, 515
28, 868

4,890
6,688
5,212
3,472

35,150

12, 763

9, 783
9,933
10,382
5,782

7,709
7, 323
6, 643
5,512

25, 950
28, 596

2,977
4,202
3,035
2,910

12, 157
13, 582
14, 359
11, 966

4,755
4,992
4,120
5,912

2,610
3,655
3,301
2, 987

10,528
13, 048
15, 756
17, 493

29,003

22,922
15, 015
27, 035
24, 315
15, 468

Green,
salted,
Calfpackers' skins,
heavy country
No. 1
native
(Chisteers
(Chicago)
cago)

$0. 184
.196
.242
.262
.327
.301

$0. 189
.210
.215
.338
.406
.371

.393
.312
.139
.181
.166
.147

.685
.368
.149
.160
.157
.184

« 340, 339
339, 548
275, 293
288, 589
222, 046

• 63, 139

29,878

6 32, 916
32, 935
27, 452
22, 319
15, 601

380, 839
370, 471
359, 636
343, 524

305, 218
292, 149

52, 637
53, 533
52, 021
48, 873

22, 984
24, 789
23, 934
22, 691

.187
.163
.146
.147

.171
.153
.149
.147

4,595
4,391
3,740
4,060

333, 825
325, 402
314, 832
312, 905

268, 025
262, 915
254, 138
255, 772

42, 792
40, 241
41, 103

38,632

23,008
22,247
19, 591
18, 501

.141
.154
.141
.136

.152
.156
.148
.150

3,291
5, 113
5,022
6,144

4,006
5,370
5,336
6,904

302, 899
297, 287
292, 670
262, 933

253, 454
250, 823
244, 553
223, 239

33, 473
31, 798
32, 636
25, 314

15, 872
14,666
15, 481
14,380

. .143
.158
.139
.122

259,206

215, 981

28,140

253, 107
245, 155
244, 946

207,609

29, 695
32, 453

15,085
15,803
15,631
17,360

.119
.125
.131
.156

.165
.171
.180
.194

247, 093
256, 232
265, 605

18,206
15, 897
15, 048
13,787

.161
.163
.174
.174

.198
.194
.203
.209

.169
.163
.148
.142

.215
.215
204
.184

.143
.147
.166

.183.
.200
.218

267,533

58,414
52, 281
46, 485

1933
May
June
July
August

._

_

September
October
November
December

26,869
27, 630

30, 377

29,384

283,682
271, 960

1924
January.
February
March
April

22,486
29,049

May.
June .
July
August

31, 759
24, 997

30, 713

35,009

27, 764

3,399
2,838
4,353
3,887

9,451
15, 759
15, 066

5,992
4,372
3,715
3,224

4,993
6,068
3,403
4,870

27, 301
26, 719
33, 355
39, 020

4,198
3,469
2,873
3,543

13, 586
13, 897
22, 145
22, 898

2,972
3,879
3,448
5,059

5,046
4,556
3,358
4,207

283,266

196, 965
212, 223
223, 361
241, 639

34, 302

2,216
2,409
2,952
2,536

18,636

7,411
7,154
8,335
7,181

4,624
3,439
8,003
8,824

292, 311
292, 364
282, 733
275, 028

251, 758
254, 751
242, 820
229, 370

27, 531

15, 301
14, 216
20, 812

29,481

13, 022
11,923
14, 020
16, 177

2,236
3,411

9,989
16,967

6,171
7,408

5,556
6,568

264, 158
256, 800

215, 471
202, 145

30, 625
35, 776

18, 062
18, 879

28,503

September
October
November
December

_ . -

15,990

197, 071
197, 628

29,958
31, 922

28,112
27,196
27,840

.158
.182
. 188
.161

1925
January
February
March
April

30,727
36,135.
._

May
June
July
August..
September
October
November
December

41, 160

26,002

_

36, 338

._

25,690
25, 893

_.

1
Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
'* Compiled by the U. S. Department of Commerce, Bureau of the Census, from returns from packers, tanners, dealers, importers, and manufacturers. As given in the
detailed monthly reports, which can be obtained upon request from the Bureau of the Census, the returns for hides and skins are expressed in numbers of hides and skins.
For :the above summary these have been reduced to pounds on the basis of the average weights of each class.
Data from U. S. Department of Labor, Bureau of Labor Statistics, representing average monthly prices.
4
Imports of calfskins and cattle hides based on four-year average, 1910-1913.
*Four months' average, September to December, inclusive.




54

Table 26,—

Price
sole,
oak,
Ex- 3
ports
scoured,
In
backs
process Finished
(Boston)*

Production »
YEAR AND
MONTH

Sole
oiiiy i
Backs,
bends, and
sides

average. average. average..
average..
average.average..

Dollars
per
pound

Thousands of pounds

1913 monthly average
1914 monthly average
1915 monthly average
1918 monthly average
1917 monthly average
1918 monthly average- . 1, 653, 073
1919 monthly
1920 monthly
1921 monthly
1922 monthly
1923 monthly
1924 monthly

Stocks8

Stocks *

Total

1, 876, 285
1, 535, 290 e 23, 742 6 114, 810 6 161, 573
1,499,225 25, 657 111, 217 193, 528
100, 679
186, 434
1, 477, 888 24, 557
107, 144
1, 561, 015 27,411
171, 631
88,: 429 149, 508
1, 220, 402 21, 665

HARNESS
LEATHER 1

UPPER LEATHER

SOLE AND BELTING LEATHER

2,605
4,319
6, 751
7,540
3, 657
2,229

$0. 444
.471
.504
.639
.831
.796

10,222
1, 869
1, 198
1,300
1, 459
1,877"

.913
.855
.547
,519
.508
.450

Produc-

tion*

In
process Finished

Exports 3

Price
chrome
calf,
«£»

grades
(Boston)4
Dollars
per
sq. ft.

Thousands of square feet.

SKIVERS!

ProStuffed Unfilled
orders duction

Dozens

Sides

8,845
6, 834
8, 967
10, 623
6,175
3,908

$0. 270
.280
.285
.450
.579
.598

e 42, 344 6 142, 136 6400,906
57, 986
164,216 423,021
72,963 166, 770 428, 169
78,019 158, 852 387, 376
64,118 133, 729 358, 168

17,023
7,288
3,559
6t744
6,187
6,982

.970
.985
.521
.443
.440
.453

95, 244
96, 974
56, 266 7 24, 942104,976 120, 898
135, 621 • 158, 479
104, 121 141, 550.

15, 032
13, 274
16, 653
24,642
38, 462,
33,693

s 16, 039

« 203, 596

1933
May .
June
July
August

1, 674, 024
1, 629, 810
1, 646, 592:
1,718,317

29,772
28,991
29,231
30,802

111,983
111, 861
112,101
108^,586

165, 862
169, 348
173^124175, 441

1,710
1,876
1,598
1,146

.540
.440
. 540
.515

82, 164
79, 034
72,894
77, 746

161, 846
156, 773
160,555
157, 975

395, 660
393, 405
391, 058
385,494

6,174
6,631
6,466
5,177

.440
.440
.440>
.400

136, 180
131, 736
126,718
134,291

219, 213
190,: 340
182, 525
174,518

39, 693
37, 836
32,129
39,* 038:

September
October
November
December

1,410,72%
1, 511, 287
1, 366, 78-8
1, 295, 907

25,200
26, 404
23,518
22,458

106,916
99, 573
98,038
96,201

173,770
180, 167
179,292:
179,364

1,179
1,085
2,292
1,148

.490
.465
.455
.425

71,234
77, 910
71, 651
71, 702

159,749
155, 972
151, 879
149,849

375,613
378, 948
380,133
385,160

6,086
5,657
5,529
6, 116

.440
.440
.440
.440

135,836
147, 130
135, 425
118,515

162,.349
142, 986
134,442
123, 312

38^403
40,604
43,07a
36y563

1934
January
February
_. _. _
March
,
April

1, 373, 255
1, 217, 570
1,212,650
1,,173, 448:

23,819
21,906
21,475
21, 164

92, 907
90, 065
87,622
88,312

172, 898
171, 247
165^214
158,676

1, 350
1, 695
1, 361
2,205

.440
.460
.460
.460

76, 340
74,009
71,512
62, 933

149,400
146, 095
144, 156
136, 502

387,500
381, 722
387,697
379,357

5,429
5,958
7,110
9, 160

.440
,440
.460
.460

129, 736
124,804
134f233
123,039

120,891
140; 844
110,428
96>369-

34, 597
29, 863
34,164
35,171

1,147,404
1, 063, 945
1,151,212
1,168, 729:

20,808
20, 261
20,793
21,006

86T-467
87,204
88,086
87,632

156,366
151,399
150,273
144,681

2,261.
1,551
2,242
2,076

.460
.425
.425
.440

65,913
53,866
53,579
56, 972

132, 561
126, 666
125,049
125, 322

378,11ft
381, 085
368,457
346, 867:

9,165
6,880
6, 1486,260

. 460
.430
.430
.460-

110,627
76,274
73,787
86,013

101,437
120, 614
176, 343
200,031

31, 53526, 108
28,027
32,057

September
October
November
December. ._ _.

1,225,485;
1, 350, 895
1.198,423:
1,361,809.

21, 094
23,389
20,783
23,476

88,130
88,504
89/329
86,888

13% 417
134, 272
126, 204
124,445

1,817
1,922
1,864
2,182

.445
.445
.465
.480

60,381
68,377
57,633
67, 895

129, 975
127, 332
129,682
132,351

334, 819
324, 922
316,411
311, 074

6,679
7,504
6, 959
6, 535

.460.460
.460
.480

95, 348 ~
101, 167
96,432
97,990

179, 968168,642
157, 592
125, 435

33,377
40,539
38yi7fr
40,706

1935
January
February
March
April

1, 288, 203
1, 202, 890
1> 312, 677
1, 320, 389

22, 160
87,907
84, 898
20,006
23,459 : 90,047
23,775
91, 893

123, 035
124, 265
123,201
124,440

2, 052
1, 752
1,870
1,042

.500
.520
.520
.500

70, 249
67,728
68,871
60, 913

138, 300
139, 046
137,378
133, 845

309, 319
308, 401
319,634
319, 497

8,669
6, 763
8,392
6, 731

.500.
.500
.500
.480,

102, 459
97, 767
108,011
101,265

121, 342
111, 073
80, 406
8% 918-

43, 977
41,244
38,933
29,464

1,285,5901, 336, 092

23,367
24, 283

92,650
93, 098

128,110
131, 286

1, 615
1, 374

.490
.480
,460

55,982
73, 509

133, 129
130, 948

317,542
319, 124

6,606
7,130

.460
.460
.460

96,159
90, 737

123,909
149, 891

27,691
30, 537

May
June
Julys.
August

May
June
JulyiAugust

__

»
_
_

September
October
November,
.
December;. ...
1

* Prior to July, 1922, these figures were compiled by the*2T<mnm' Council. Since July, 1922, they have been compiled by the Bureau of the Census and for skiver and
harness production represent return&.froDi.a.much,larger number of firms than reported to the Tanners' Council. Hence th& figures from July, 1922, on are-not directly
comparable with those for preceding mouths. Beginning December, 1919, the harness, leather statistics cover, amountof .harness leather, "staffed;" rather than, that produced, but the variation between these items is small.
i
* Based on figures compiled by the U\ S: Department ofCommerce, Bureau oftfie Census* The data embrace returns:from packers, .tanners, dealers, importers, .and manufacturers. Data: on leather-have been converted to pounds or square feet on the basis of the average weights of each class from- original detailed: reports in skins, sides>,
backs, butts, pounds, etc., which may be obtained from the Bureau of the Census on:request. Stocks in process represent leather* in process of; tanning, which takes
several
months to complete, while finished stocks are those completely tanned.
3
Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
4
Data from U. S. Department of Labor, Bureau of Labor Statistics, representing average monthly prices.
'Includes estimated production of firms outside the 'Tanners' Council.
•1 Four months'average, September to December.
Seven months' average.




55

Table 27.—LEATHER PRODUCTS
BELTING i

GLOVES '

BOOTS AND SHOES

YEAR AND MONTH

Gloves cut

WoStocks (tanned)
Men's men's
Produc- Ex- 4 Men's dress black
black
tion 3 ports
kid,
welt
calf,
tan
Good- Producblu chcr calf
tion
year
In process Finished
(Bos(St.
welt
ton)
Louis)
(St.
Louis)

Sales

Pounds

V

Glove leather 6

Wholesale prices •

Thous.
of dols.

1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average

754, 274
846, 664
739, 628
767, 423

$899
1,171
1,199
1,354

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

710, 214
694, 899
300,090
430,614
449, 109
353,832

1,365
1,662
548
721
833
603

1933
May
June
July
August -

512, 573
442,912
460,850
466,258

Thous. of pairs

Dollars per pair

842
827
1,412
1,623
1,237
1,100

$3.11
3.17
3.25
3.71

Dress and street
Total

ImDoported mestic
leather leather

Work
gloves

Dozen pairs

Number of skins

4.75
5.63

$3.17
3.28
3.35
4.01
5.68
6.65

$3.00
3.00
3.00
3.44
4.60
4.38

23,793
26,990
29,260
26,102

1,780
1,403
747
451
612
526

7.60
8.95
7.00
6.51
6.43
6.25

7.77
8.14
5.18
4.74
4.85
4.88

6.60
7.66
5.06
4.42
73.85
3.89

947
834
877
881

30,926
28,273
25,256
30,028

788
681
627
526

6.50
6.50
6.50
6.50

4.85
4.85
4.85
4.85

3.85
3.85
3.85
3.85

186,054
220,120

38,249
46,000

29,899
37,290

117,906
136,830

416,510
447,264
347,202
320,547

784
827
642
558

27,555
30,705
26,946
22,676

585
573
628
532

6.23
6.25
6.25
6.25

4.85
4.85
4.85
4.85

3.85
3.85
3.85
3.85

202,660
214, 653
191,243
170,827

42,436
42,318
35,108
21,625

32,846
32,084
28,750
24,213

127,378
140, 251
127,385
124,989

1924
January.. .. .
February
March
April

441,266
417,849
434,494
372,428

757
711
739
644

26,497
26,832
28,864
28,004

381
504
526
571

6.25
6.25
6.25
6.25

4.85
4.85
4.85
4.85

3.85
3.85
3.85
3.85

626, 668
567,552
600,548
596,160

1,655,307
1,667,482
1,708,118
1,674,710

572,474
588,264
597,514
684,537

194,438
207,012
211,286
206,539

23,591
27,675
33,769
34,965

32,849
36,124
36,443
31,251

137,998
143, 213
141, 074
140,323

May
June
July
August

330,268
288,817
320,231
326,901

563
504
540
652

25,240
22,464
21,389
25,473

754
512
457
512

6.25
6.25
6.25
6.25

4.85
4.85
4.85
4.85

3.85
3.85
3.85
3.85

443,984
391,880
318,586
359, 165

1,591,638
1,480,288
1,448,544
1,448,968

676,486
607,912
546,653
534,581

194, 017
186,697
165,791
186,235

34,640
36,963
31,039
32,707

31,255
28,013
25,467
29,479

128, 122
121, 721
109,285
124,049

September
October..
November
December

348, 251
338,425
302,794
324,263

581
576
515
548

27,716
30,826
25,322
24,602

480
552
494
569

6.25
6.25
6.25
6.25

4.85
4.88
5.00
5.00

3.85
3.85
3.85
3.90

439, 740
525,459
475,959
513,391

1,400,848
1,365,963
1,370,615
1,304,152

493,927
404,552
350,246
288,157

183,865
201,338
163, 756
156,954

32,227
37,318
34,902
23,926

27,431
29,780
23,234
21,598

124,207
134,240
105, 620
111, 430

409, 252
360, 984
429, 404
380, 443

686
610
729
663

26, 077
26, 455
29, 886
29, 476

512
462
703
696

6.35
6.35
6.40
6.40

5.00
5.07
5.15
5.15

4.00
4.00
4.00
4.00

551, 681
578, 710
563, 845
557, 211

1, 401, 895
1, 392, 075
1, 319, 780
1, 347, 439

257, 567
311, 005
362, 162
399, 148

189, 555
198, 749
209, 337
215, 679

35, 334
37, 182
42, 550
44, 861

29, 612
34, 630
36, 570
35,288

124, 609
126,937
130, 217
135, 530

345, 926
367, 583

602
643

25, 107
23,335

696
559

6.40
6.40
6.40

5.15
5.15
5.15

4.00
4.00
4.00

535,431
494, 052

1, 286, 092
1, 269, 346

421, 251
419, 211

215, 061
214, 968

50, 270
46, 703

31,388
35, 909

133,403
132, 356

September
October
November
December

21,043

.

.
..

27,602

488,258

1,509,719

528,775

s 197,593
188, 161

8 37, 623 830,847 8 129, 123
31,977
29,410 126,774

1935
January _ _
February
March .
April
May
June _
July..
August

September
October
November
December

_.

_. _

1
._

.

11

1 Data on sales of oak leather belting from the Leather Belting Exchange, and are estimated to represent from 65 to 75 per cent of the industry. Monthly data from 1920
appeared
in the May, 1922, issue (No. 9), p. 67.
2
Reported to V. S. Department of Commerce, Bureau of the Census, by 206 identical factories (including data in earlier months for 1 factory now out of business) repre
senting
87
per cent of the leather-glove industry according to the census of manufactures, 1921.
3
Compiled by U. S. Department of Commerce, Bureau of the Census, from over 1,000 firms each month, comprising almost the entire industry. Figures for the years
1914, 1919, and 1921 are those reported by the census of manufactures for those years. Monthly data from November, 1921, appeared in May, 1924, issue (No. 33), p. 97.
Further
details as to classes given in press releases.
4
Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
5
Data from U. S. Department of Labor, Bureau of Labor Statistics, representing average monthly prices. Monthly data from 1920 on the St. Louis quotations appeared
in the
6 September, 1922, issue (No. 13), p. 47.
7 Compiled by U. S. Department of Commerce, Bureau of the Census, Stocks of glove leather are those held by tanners.
Type of shoe on which quotations are based changed in January to 7%-inch top instead of 8>6-mch top as formerly.
8
Average for last 6 months of year.



56

Table 28.—CRUDE AND SCRAP RUBBER
RECLAIMED
RUBBER 2

CRUDE RUBBER
Consumption >
(quarterly)
World
Imship- ports 3
ments, (Includplanta- ing
For
tion i latex) Total
tires

YEAR AND MONTH

(quarterly)

4>"O

Stocks, end of quarter 3

Total

Manu- Dealfacers
turers

Stocks
in
United
Kingdom^
Afloat end of
month

Stocks,
plantation,
afloat,i 18 H
end of 111
month
QJg-M

gfa

24,663
.. 31,800
34,398
35, 101

15,449
25,090
25,757
27,450

32,238
30,957
28,215
31,500

35, 762
35,352
19,926
19,081

33,763
33,774
32, 565
_ . 40,979

11,564
17,622
15,546
29,731

38,553
33,467
37, 125
32,684

21,911
31,513
20,730
37,966

31,595
..... 29,237
33,896
34,992

27,753
22,380
19,474
21, 772

38,960
34,290
36,599
39,823

26,801
38,997
33, 691
26,407

January.
February
March
April

33,021
35,539
43,027
37,372

32,898
24,700
17, 682
32,506

May
June
July
August

39, 818

36, 932
32, 154

ConStocks sumpPro- Stocks,
tion
end
of
at
reduc- quar- claim- by
retion
ter
ers
claimers

Dolls,

Long tons
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

Long tons

per Ib.

38, 572
63,546
68,739
75,444

31,280
51,801
55,238
62,916

83,994
85,935
85, 450
59,458

7,772
9,705
11,296
12,562

27,217
29,818
22, 294
27,464

29,671
39,523
33,589
40,026

80,544

65,253

100,885

12,884

15,106

27,990

50,059

38,428

85,658

8,843

15,965

24,808

57,255

44,968

72, 920

7,575

28,890

36,465

SCRAP
RUBBER
(quarterly) *

76,529
78,296
65,345
52, 581

31,038 $0. 182
42,284 .183
46,973
.249
49,654
.211

60, 918
57, 108
55, 937
54,243

48,000
51, 960
45,200
44, 700

.249
.250
.239
.238

60, 697
65, 168
66,566
66,828

43,270
46,600
43, 650
51,600

.246
.215
.204
.203

63,812
62,822
61,554
60,640

53,300
48,700
50, 130
47,540

.199
.191
.171
.168

56,811
56,134
56,816
54,298

44,300
41,800
45, 650
48, 160

.173
.164
.170
.211

48,058
40,936
36, 666
32, 425

53,700
50,600
54,300
57,670

.227
.262
.286
.315

29, 982
25,729
19, 977
14,270

54,030
48,300
49, 590
53,500

.318
.307
.346
.340

57, 270

.420
.619
.825

17, 078
26,894
17,384
19, 018

8,217

37,496

23,018
34,422
22,002
26,415

1923
May
June
July
August
September
October
November
December

1924
January
February
March ._ _
>
April
May
June .
July
August

.

September
October
November
December

74,848

60,920

68,947

10,440

30,463

40,903

68,107

56,323

64,408

9,121

15, 159

24,280

75,432

64,525

49,645

14,353

36,407

50,760

83,391

69,894

54,831

16, 332

27,827

44,159

15, 017

20, 917

15, 108

19, 685

20, 241

25,223

21,834

7,885

36,023

28,043

12,297

8,524

35,550

23,773

16, 678

7,620

37, 136

22,498

25, 263

8,838

41, 273

31,344

25, 353

9,238

40, 045

32,630

27,523

8,820

46, 152

35, 414

1925

September
October
November.
December

_ .

87, 642

71,343

54,502

16,272

29,982

46,254

95, 771

82,007

47, 770

22, 525

26, 183

48,708

_.

.. ._

i8 World shipments and floating stocks of plantation rubber from the World Position of Rubber, a British publication.
Data compiled by the Rubber Association of America, Inc., from reports by about 285 members and nonmembers representing the principal manufacturers, importers,
and reclaimers in this field. It should be noted that these consumption and production data represent quarterly not monthly totals, while stock figures are shown as of
the end
of the quarterly period indicated, and annual averages in these columns are of quarterly not monthly data.
8
Imports of rubber, including latex, into the United States from U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce.
* Stocks of crude rubber in the United Kingdom, from the Rubber Growers Association (British), represent aggregate stocks at wharves and warehouses in London and
in six
recognized public warehouses at Liverpool. Monthly data from 1920 appeared in the September, 1923, issue (No. 25), pp. 55 and 56.
6
Wholesale prices are averages of weekly quotations of Para Island rubber in New York, compiled by the U. 8. Department of Labor, Bureau of Labor Statistics.




57

Table 29—RUBBER PRODUCTS
RUBBERPROOFED
FABRICS 2

AUTOMOBILE TIRES 1

Pneumatic tires
YEAR AND
MONTH

Inner tubes

Raw material
consumed

Solid tires

4,419

44
57
56
44

6,696
9,257
9,861
11,868

17, 922
27, 301
30, 604
37, 821

1,528
2,026
2,649
2,085

456
799
1,316
987

756
696
640
526

15, 243
15, 523

9,889
10, 412

4,172
4,751

33, 962
33, 110

3,952
4,039
4,875
4,260

5,838
6,772
7,741
8,394

3,749
3,002
3,828
3,536

83
75
80
71

262
270
266
261

61
63
77
73

10, 997
11,834
13, 596
12,509

34, 186
34,235
41, 594
38, 348

2,196
2,683
3,265
3,336

1,044
1,258
1,635
1,680

623
694
777
854

15, 783
16, 678
21,609
17, 541

10, 678
11, 566
12, 465
9,772

3,165
2,507
6,366
4, 558

22, 900

4, 318
3, 590

9,292
8,924
7,396
6,951

3,414
3,581
3,942
4,304

77
72
42
48

268
283
264
263

67
52
45
46

12, 888
10, 085
6,836
8, 178

47, 671
32,003
21, 367
24, 597 -

2, 948
2,388
2, 266
2,164

1,742
1,276
1, 273
1,017

553
433
•433
495

16, 758
14, 566
11, 318
12, 824

8,660
8,593
8,153
9,947

3,446
3,493
3,609
4,101

36, 438
42, 910
41, 508
39, 653

6,457
6,898
6,694
6,318

3,684
3,596
3,422
3,497

37
37
27
32

249
235
178
149

46
48
43
56

6,656
8,431
7,939
8,387

21, 256
24, 114
23, 109
24, 772

2,418
3,043
2,410
2, 664

1,076
1,264
999
1, 534

593
907
771
551

12, 373
13, 980
15, 134
14, 353

9,513
10, 666
9,724
8,921

5,031
5,673
4,495
3,625

37, 472
33, 261
32, 767
35, 517

6,720
7,339
8, 158
8,627

3,476
3,330
3, 421
3,521

48
55
61
59

152
161
174
185

37
43
50
46

11, 706
11, 447
12,008
12, 287

37, 786
33, 466
36, 909
37, 238

2,756
2,652
2,814
2,087

1,476
1,485
1,529
995

522
455
468
370

14, 226
16, 036
17, 158
15, 838

11, 807
10, 668
12, 351
9,109

4,156
3,591
3,653
3,899

31, 048
35, 113
36, 471
37, 884

8,762
8,166
6,634
5,758

3,559
3,858
5,318
5,552

50
38
31
38

188
176
165
146

47
46
40
45

11, 903
10, 067
9,789
12, 471

35, 474
31, 229
32, 625
40, 385

1, 428
1,400
1,325
1,668

597
562
509
656

303
337
339
543

13, 030
12, 243
10, 451
11, 476

8,364
7,018
9,262
10, 431

4, 551
5, 179
4,677
5,098

38, 024
36, 632
32, 144
28, 245

6,039
7,352
7,668
8,289

5,119
4, 177
4,679
4,066

42
48
42
46

142
145
149
154

46
45
41
39

13, 171
13, 205
12,191
12, 172

43, 921
46, 045
39, 812
38, 956

2,297
2,830
2,151
1,615

884
1,181
752
497

784
998
699
490

16, 666
22, 202
18, 121
18, 831

11, 594
14, 060
9,813
10, 472

5,783
6,737
4,885
4,797

27, 722
28, 948
31, 486
33, 608

5, 250
5,139

8,677
9,767
10, 677
10, 213

4,107
3,, 625
4,176
4,933

43
43
46
52

160
153
143
135

32
43
52
53

12, 311
13, 364
15,041
14, 902

42, 171
41, 721
46, 366
48,155

1, 685
1,929
2,032
1,973

717
716
715
893

342
440
463
413

19, 170
17, 627
18, 329
14, 971

11, 180
10, 089
9/524
9,033

3,182
2,870
4,681
5,555

37, 539
42, 303
44, 515
46, 733

5,134
6,20:

9,376
7,807

5,908
6,683

58
64

124
116

68
70

14,985
15, 841

47, 639
63, 367

452

14, 518

8,006

5, 264

47, 076

May
June
Julv
August

3,660
2,957
1, 993
2,356

6,907
7,041
6,471
6,058

September...
October
November
December

2,030
2,361
2,400
2,437

5,398
4,876
4,689
4,329

2,624
2,820

1924
January
February
March
April

3,220
3,279
3,428
3,307

4,808
6,265
5,763
6,164

2,785
2,902
2,920

4, 219

May
June
July
August

3,039
2,630
2,552
3,235

6,331
6,156
5,138
4, 477

2,679
2,663
3,484
3,688

3,744
3,493
3,857

September...
October
November
December

3, 531
3,877
3,190
3,438

4,524
5,338
5,207
5,571

3,319

5, 506 <

3,046
3,273
3,008

5,896
4,602
4,704

1935
January
February
March. ._ _.
April

3,555
3,681
3,957
4,005

5, 962
6,696
7,132
6,816

2,994
2,835
3,392

4,757
4,755

4,100
4,063

6,458
5,432

4, 333

3, 323

2,976
2,758
2, 492
2, 539

2,807

2, 456

2,604

2,801

4,014

4,950

Thousands of pairs

231
193
246
161

4,696
5,224
5,671
6,088

.

Thousands of yards

Stocks,
To
end of
shoe
To
month
manu- repair
factrade
turers

tion

35
66
57
47

3,127
3,218
3,866
3,540

2,994
2,589

Thousands of
pounds

Produc-

2,292
3,055
3,630
4, 173

2,559
3,178

4,213
4,867
5,621
6,395

May
June
July
August

Shipments

4,568
6,039
7,306
7,459

1,906

2,435
2,749
3,047

1,818
2,558
2,829
3,227

av__
av__
av__
av__

1923
January
February
March
April

Production

ShipShipShip
ClothPro- Stocks, ments, Pro- Stocks,
Pro- St'ks,
end ments,
end m'ts,
Crude Total Auto ing
doduc- end
ducdoducdo- Fabrics rubber
of
of
of
fabrics
fabtion month mes- tion month mes- tion mo. mesrics
tic
tic
tic
Thousands

1921 mo.
1922 mo.
1923 mo.
1924 mo.

RUBBER HEELS 3

3,757

2,625
3,578
3, 255

3,855
3,452
3,289
3,888
4,068
4,035

5,016

23,932
28, 351
32, 830

September
October

I

,

* Data furnished by the Rubber Association of America and represent about 75 per cent of the industry. The number of firms has increased from 36 in November, 1920,
to a maximum of 66 in 1922. It is stated by the Rubber Association that this variation in the number of firms does not change the totals to any great degree, except for the
omission
of the Firestone Tire Co. beginning in September, 1921. Association reports show details by sizes and classes.
2
In the case of rubber-proofed fabrics, auto fabrics represent about 60 per cent and other classes of fabrics about 85 per cent of the total output of the respective products.
> The data on rubber heels include reports from firms representing approximately 70 per cent of the entire industry.




58

Table 30.—NEWSPRINT PAPER ANB FEINTING
BOOK PUBLICATION

NEWSPKINT PAPER,

Stocks, end of month
Production 1

YEAR AttO MONTH

Consumption 2

Shipments l

Ext 3
Imports 3 ports
transit
At mills i At pub- to
publishers *

In

SALES PRINTBOOKS
ING

Price, American
ImShip*
Total
roll, manported5 ments
a activity 7
ufacbooks
mill*

f. o. b.

ture •'

ifehers *

Dolls.per
100- 1!>S:

Short tons

Number of
editions

3,601
5, 066
4,597
6,395
7,8228,062

$2.25
2,25
2.05
2.70
3.35
3.41

814
763
616
733
728
695

206
238
195
136
110
75

Thousands Rel. to
of books
1924

110, 248

113, 858
106,049

38, 998
31, 713
24, 035

124, 789
154, 952

41, 155

18, 320
26, 290
30, 701
39, 019
46, 593
49,689

114, 543
125, 997
102, 103
120, 641
123, 759
122, 548

142, 091
14S, 760
147, 957
170, 738
151, 179
136, 813

114, 880
125, 215
102, 172
121, 035
123, 111
122, 505

23,929
23, 324
29, 940
22,837
22, 235
29, 357

155, 185
144, 712
188, 797
171, 121
175, 797
176, 850

40, 983
52,006
28, 211
36, 657
40, 601
33,901

52,311
60, 822
66, 040
85, 772
109, 056
113, 065

9, 189:
3,822
1,403
2,153
1, 364
1, 429

3.88
6.00
5.00
3.69
3.89
3.82

648
621
581
604
625
611

67
81
113
116
113
144

9,850 _.._..
11, 118
8,264
10, 083
101
11,488
100
11, 260
100

_
...

138, 868133, 692
125, 768
132, 604

190, 5-58
127, 612
' 118,711
117, 016

136, 979
132,311
124, 322
129, 17^

20,832
19, 514
21, 237
25, 674

176, 347
150, 364
166, 553
187, 596

50,905
35, 563
31, 153
35, 578

115, 143
105, 530
103, 130
115, 909

1, 496
1,652
980
999

3.90
3.90
3.90
3.89

596
701
387
491

88
124
97
83

11, 333
11, 329
9, 703
12,238

108
97
89
94=

,_

110,209
122, 073
119, 720
117, 790

123, 081
138, 854
134, 234
137, 322

110,240
124, 894
117, 176
116, 826

24, 663
21, 934
- 24, 040
23, 669

191, 021
190, 968
186, 720
184, 709

32, 707
31, 373
33, 782
26, 159

110,134
114,424
108, 363
115, 503

1, 194
1,124
1, 312
1,890

3.88
3.88
3.88
3.88

736
775
714
584

166
139
119
184

11,665
12, 634
11, 912
11, 500

91
109
97
9T

January
February
March
April

130, 435
118, 801
119, 464
128, 757

129,290
128, 438
145, 159
145, 797

124, 888
117, 033
119, 082
127, 878

28, 631
30, 314
30, 853
31, 699

183, 229
179, 945
176, 694
166, 675

38, 873
38, 849
31, 513
31, 302

107, 594
103, 337
121, 904
111, 944

1, 682
1, 407
1, 314
1, 569

3.88
3.88
3.88
3.88

456
529
657
572

178
142
184
129

11, 258
11, 661
11, 439
10, 574

104
100
107
111

May
June
July
August

134, 827
121, 217
114, 859
116,288

144, 579
139, 423
120, 582
120, 408

131, 758
122, 618
118, 933
117, 059

34, 718
33, 487
28,427
28, 631

166, 088
161, 931
178, 324
188, 885

32, 240
32, 435
32, 984
36, 143

113, 262
116, 547
112, 173
110,228

1,421
1, 890
997
1,475

3.88
3.88
3.78
3.78

653
499
477
610

130
117
94
165

10, 382
11, 725
9,877
11, 036

105
92
91
93

116, 753
129, 852
118, 275
121, 053

131, 588
147, 467
145, 353
143, 672

116, 743
130, 281
121, 658
122, 148

28, 439
28,229
25, 062
23,838

19f>, 725
187, 169
169, 338
167, 216

30,053
33, 552
36, 394
32, 467

107,990
114, 121
112, 442
125, 241

90S
1, 677
1, 454
1,350

' 3.78
3.78
3.78
3.78

641
799
905
530

149
93
181
161

11, 751
12, 584
10,799
12, 032

93
105
93
106

January
February
March
April

129, 005
113, 831
127, 511
132, 661

139, 024
131, 270
153, 322
151, 462

126,860
114, 048
126, 269
129, 881

28,268
25,888
26, 414
29,446

164, 832
163,615
156, 946
154, 912

31, 746
33, 667
33, 898
30, 032 .

112, 586
110, 942
127, 918
123,673

1,573
1,875
1,007
1,923

3.70
3.70
3.70
3.70

644
543
756
694

131
152
108
186

11, 186
11, 375
12, 874
11, 565

101
97
111
109

May
June
July
August

129, 025
128, 430

155, 940

126, 487
126, 458

32, 037
31, 864

139, 471

35, 592

123, 457
126, 907

2, 161
3, 126

3.70
3.70

763
527

172
112

11,284
13, 054
9,500

101
95

1^13 montlily average
1914 monthly averag©
1915 monthly average
1916 monthly average
1917 monthly average
1918 montlily average

113, 251
105, 024

1919 monthly average
1 920 monthl y average
1921 monthly average
1922 monthly average
1923 monthly average.
1924 monthly average

1933
May
June _ _ _ . _
July
August
September
October
November
December

__.

1834

_.

Se ptember
October
November
December

„_

_

1935

„

September
October
November
December
1
Data on production, shipments, and mill stocks of newsprint prior to May, 1923, from the Federal Trade Commission: since then from the Newsprint Service Bureau,
covering almost the entire industry.
2 Consumption, publishers' stocks, and stocks in transit, compiled by the Federal Trade Commission through May, 1923, have been compiled since then by the
American Newspaper Publishers' Association from the reports of about 422 publishers who were included in the 600 reporting to the Federal Trade Commission and
had on hand on May 31, 1923, a total of 133,312 tons of paper as against 176,347 tons held by those reporting to the Federal Trade Commission on that date. Monthly data
on newsprint paper from 1920 appeared in June, 1922, issue (No. 10), pp. 45-47.
3
Imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Prior to Sept. 1, 1916, imports include only paper valued at
not 4above 2.5 cents per pound; from Sept. 1, 1916, to Apr. 24, 1920, not above 5 cents per pound; and from Apr. 24, 1920, to date not above 8 cents per pound.
Newsprint prices, averages of weekly prices, from U. S. Department of Labor, Bureau of Labor Statistics.
s Compiled by the Publishers' Weekly. Books imported are books of foreign manufacture, catalogued and marketed by American publishers. Between 10 and 15 per
cent of the books manufactured in America are new editions, the remainder being new books, while about 95 per cent of the books manufactured in this country are by
American authors.
6 Shipments of sales books by manufacturers from the Sales Book Manufacturers Association.
7
Printing activity, from the United Typothetae of America, is based on productive hours reported by plants in 52 cities in 30 States, each department being weighted for
the combined index.




Table 31.—BOXBCM» AND? PtPIR BOXES
BOX BOARD i

PAPER BOARD SHIPPING BOXES

YEAR AND
MONTH

UnfflJetf
Prattle* Orders orders,
tion received end of
month

Operation

/

Inchhours Perct.
capac.
1921 mo. av
1922 mo. av
1923 mo. av
1924 mo , av 8, 015, 890

91.7

Ship- Stocks,
end of
ments ntouth"

On

hand

Unpur-

In

shipped

transit

chases

178, 912

96,768

170, 728

178, 434

1

1

2
•©.
rgi

Per cent of
normal

Short tons

147, 745
169, 383
178, 733

Operating
time
Corrugated
*

Stocks of waste' paper*
end of month
r Con>sumption,
waste
paper

48,667

155, 697

14,613

31, 775

2

Production

Corrugated

Total

Solid
liber

Thousands of square feet
'

50
70
79
74

45
66
79
72

65
81
79
79

226, 622
291, 036
306, 743'

149,323
211, 654
231,190

77,299
79, 382
75,553

1923
January
February .
March
April. ...

171, 934
156, 328
178,758
167, 923

79
75
82
84

76
75
83
86

88
75
78
78

313,045
301, 870
324, 178
305, 524

217, 649
213, 177
241, 501
222, 121

95,396
88, 693
82, 677
83, 403

May
June
July...
August

189, 108
173,601
147, 244
189, 684

80
' 77
79
81

82
78
80
82

76
76
78

288, 603
275, 879
290,754
285, 059

208, 705
195, 288
205, 725
199,760

77, 898
80, 391
85, 029
85, 299

167, 137
152,097

88,020
93, 616

150, 131
146, 796

165,532
146, 501

40,852
44, 690

151, 611
171, 550

10, 628
12, 990

23, 333
22, 882

79
81
77
68

79
79
74
68

76
88
86
66

256, 701
310, 795
286, 200
256, 022

195, 480
228,085
208, 129
204, 232

61, 221
82, 710
78, 071
51,790

September
October
November
December.

7, 870, 161
7, 592, 164

83.0.
80.1

162, 663
183, 477
161,536
150,339

1924
January...
February .
March
April

8, 542, 957
8,290,289
9, 194, 400
8, 574, 444

86.7
87.5
98.3
87.0

181, 953
179, 854
200, 411
182, 817

198,156
167,855
195,635
158,980

111, 825
103, 643
97,181
73,629

170,291
169, 644
186, 463
169, 573

179,947
176,037
202,097
182, 532

46,696
50,513
48, 827
49,112

132, 010
127, 259
144, 118
143, 601

14, 324
14,.353
15, 417
11,.918

40, 891
27,100
24, 480
27, 631

72
78
83
76

68
75
80
74

85
87
90
82

295, 168
315,376
344, 083
327, 911

211, (86
229, 575
247, 460
245, 975

83, 482
85,801
96,623
81,936

May.
June
July
August

8, 253, 431 83.7
6, 693, 458 84.1
7, 174, 718 86. 0
7, 973, 129 100.2

173, 483
151, 414
164, 762
183,570

165,868
167r 658
186,259
202,919

68,676
85, 414
105,009
122,927

165, 479
148, 440
158, 734
181, 752

170,821
150, 920
166,664
184,941

51, 774
62,268
50, 366
48,935

142, 319
159, 767
165,802
161, 793

11,632
13, 674
16, 939
17,002

26, 854
34,022
34, 870
34, 919

72
67
64
68

69
68
64
65

80
70
63
74

297, 764
255, 561
269, 108
287,937

225, 103
193, 800
205, 723'
219, 141

72, 661
61, 761
63, 385
68, 796

September 8, 036, 712 101.0
October... 8, 422, 014 96. 6
November 7, 546, 373 104. 7
December. 7, 488, 756 89.8

188, 669
196,633
170,550
170,674

168, 299
180, 846
174,184
180,-284

103, 056
87, 563
94, 711
107, 584

182, 521
189, 187
162,771
163, 878

191, 203
198,352
169,018
168,677

46, 401
44,682
46, 214
48,211

172, 240
175, 946
164, 065
179,442

15, 319
14,921
15,523
14, 329

41, 766
27,804
29, 423
31, 620

52
77
78
75

69
77
77
74

79
78
80
76

302, 181
331, 390
332, 824
321,617

231, 066
256, 410
259, 390
248,956

71, 115
74,980
73, 434
72,661

1935
January... 8,388,897 105.4
February _ 7, 550, 968 99.3
7, 569, 995 98.5
March
7, 596, 658 90.9
April

199,633
177, 292
179, 067
184, 976

199, 649
162,878
170,063
168,617

112,911
100, 250
89, 909
78,668

193, 285
170, 023
170, 363
170, 487

195, 501
176, 254
180,736
178, .882

52, 466
53,504
51, 835
57, 212

172, 382
172,456
176,,035
172,223

18, 846
16, 635
13,199
14, 307

34,974
27, 110
22, 948
32, 590

71
76
78
74

70
76
79
76

73
76
75
67

302, 291
333, 431
341, 769
330, 616

228, 084
263, 862
268, 335
256,409

74,207
69, 569
73, 434
74, 207

89.1
95.5

163, 956
190,310

174, 766
191,482

83, 095
90, 92Q

159, 095
179, 253

168,171
183, 657

53,254
59, 947

174, 726
166,467

12,. 686
13,872

26, 129
25, 246

74
74

75
73

69
76

325, 426
321, 836

250, 406
242, 992

74, 980
78, 844

May
June
July
August-

_

7, 111, 776
7, 983, 150

September
October
November
December.

i
i

1

Compiled by U. S. Department of Commerce, Bureau of the. Census, from reports ofi 89 identical- manufactures each month, including figures from the members of the
\ Box Board Association prorated from weekly reports. These box board data included any paper board of more than 0.009 inch thickness, such as steawboard, chip board,
i news board, etc., used for- making boxes. Similar paper board designed for making specialties, and boards of less than 0.009 inch thickness are not classed as box board.

i o.^c*<jiuAj.cii jrji.aov^i.ai'AviJj. \JL v^'vu. vAfeciv^vi. aiivi A-iuoi JJV^A j-vj.aj-iu.iauiiU.iuiD J.ojjui. OOVA AH tJ-itui i/ui.euo Dingle JLO.UO \J\JiAL u. V.Lideu yililCipally fOr WlttppliJg pUlpUS^KJ^, WlliUil IS UAUiUUtJU.

I from the tabulation above. Monthly data for 1921 and 1922 on the present basis, including relative prices of finished board and raw materials, appeared in the November,
1923, issue (No. 27), p. 89, The production of boxes is measured by the area of board passing through the box machines.




60

Table 32—PAPER
BOOK PAPER

YEAH AND MONTH

Production

Stocks,
end of
month

WRAPPING PAPER

Production

Stocks,
end of
month

ALL OTHER
GRADES

FINE PAPER

Production

Stocks,
end of
month

TOTAL PAPER

(including newsprint
and boxboard)

Production

Stocks,
end of
month

Production

Stocks,
end of
month

70,658
77, 757
76,084
98, 627
70, 507
102, 439
90, 630
92, 752

41, 093
26, 123
37, 500
36,594
49, 002
47, 521
53, 279
57, 811

493,304
504, 294
515, 863
611,218
446, 360
584, 360
609, 432
611, 442

238, 113
199, 860
238, 999
181, 910
271, 395
268, 623
278, 239
343, 520

112, 661
102,267
108, 903
104, 571

47, 701
50, 400
> 42, 625
40, 842

Short tons

1917 monthly average
1918 monthly average
1919 monthly average
1920 monthly average*
1921 monthly average
1932 monthly average
1923 monthly average
1924 monthly average

_ __
.

74, 357
70, 763
76, 235
92,039
60, 499
81, 827
93, 466
102, 569

36,845
28, 341
31, 643
23, 719
36, 234
38, 221
46, 439
48, 861

60, 626
59,500
57,851
69,324
54,300
69, 689
85, 320
84,639

53, 551
40,499
64,702
26,097
65,465
61,228
67,370
108, 635

24, 030
30, 668
28,647
32,444
20, 207
30,088
31, 341
30, 810

32,500
34, 576
36,845
29,268
37, 389
36, 630
43, 913
50, 278

97, 318
89, 265
96,087
93,390

38,882
•38,043
31, 480
36, 871

82, 703
77,813
86, 776
78, 559

48, 123
48,421
43, 213
43, 403

34,946
32, 377
35, 144
32, 507

38, 822
39, 772
36, 978
37, 889

97, 221
99, 929
85, 939
103, 127

40, 614
52, 873
51,287
52, 826

85,348
96,432
84, 302
88, 707

44, 015
69, 382
76, 230
82,128

35, 196
34,546
27, 139
28, 421

40,957
45, 395
47, 274
46,459

102,453
83,792
74, 869
81, 475

43, 347
54,198
57,163
63, 766

659,025
631, 104
559, 635
640, 574

245, 872
279, 104
292, 525
312, 154

87, 658
98, 177
91,305
82, 175

53,883
53,883
54,961
61, 663

87, 154
93, 768
89,328
72,946

85,081
82,023
89, 589
96,837

29,416
32,494
27, 750
26, 151

47,389
48, 333
48, 275
49,413

73, 732
89,065
82, 660
71, 112

60,329
59, 507
60, 177
59, 291

551. 744
628, 205
572, 299
520, 513

311,812
310, 558
317, 894
324, 563

100,254
97, 246
104,053
106, 134

53, 730
47, 282
44, 918
43,570

90,389
90,719
89,533
88,663

106, 872
103,070
102, 184
105, 763

31,375
31,994
33,294
34, 236

50,084
48,305
49, 170
49, 846

85, 918
79,426
92, 151
97, 614

54,228
47, 143
52, 534
64, 571

619, 574
597,603
638, 540
637, 713

340, 241
326, 627
328,486
334, 561

108, 257
99,596
94, 616
98, 401

48, 363
52, 232
50, 143
49, 642

80, 012
71, 665
69,728
83, 289

108, 137
111, 586
110, 840
115, 293

32,333
29,064
27, 314
27,516

49, 933
51, 669
50, 505
49, 295

100, 905
83, 605
82, 223
90,135

63,629
66,828
64, 546
59, 702

629, 209
556, 067
552, 595
599, 388

356, 315
3C8, Oil
354, 827
351, 074

100, 369
111, 410
104, 725
105, 772

47, 160
48, 103
49,546
51, 528

89, 114
90, 130
84,314
88,109

111,803
104,867
109,586
113, 614

28,959
33, 125
29,944
30, 568

50, 685
50, 174
51,523
52, 143

94,157
109, 966
95, 723
101, 263

57, 194
57, G02
57, 977
57, 782

617, 474
670, 633
601, 859
616, 648

341, 746
333,622
339, 620
347, 115

108, 945
103,498
113,848
111, 571

56, 166
52, 234
51, 189
52, 213

91, 511
87, 863
94,430
90, 596

108, 374
106, 525
108,086
109, 060

37, 636
35, 986
39,440
38,656

62, 258
51, 448
52, 869
49,290

106, 822
97, 478
103, 537
103,063

67, 489
55, 760
58, 102
61, 820

673, 552
615, 948
657,833
661, 523

353, 021
345, 359
348, 495
359, 041

105,992
101, 752

54,302
57, 017

86, 168
84,439

108,218
108, 039

36,658
36, 715

49, 131
61, 803

101, 348
93, 851

66,060
66, 760

623, 148
635, 497

363,002
375, 430

1933
January
February
March .
April

.

. ._

_.

May
June
July
August

..

-- -

September .
October
November
December

-

-.
_

.

2

2

664, 553
614, 364
665, 677
605, 490

2

253, 966
262, 734
197, 499
230, 181

1934
January
February.
March
April

_. ..
_
..

May
June
July
August .

September
October
November
December

.
-

.
_. .
.. ._ .
_. _

-

1935
January
February
March
April

.
. ..

........
....

_

May
June
July

__

....

i Data to May, 1923, from the Federal Trade Commission, representing practically complete production; beginning June, 1923, data compiled from reports of the American
Paper and Pulp Association and prorated to represent complete production on the following percentages calculated on the production in the last seven months of.1923, as
compared with the total for that period derived from the Federal Trade Commission reports and the Census of Manufactures: Wrapping paper, 57 per cent; fine paper, 80
per cent; "all other grades," comprising bag, tissue, hanging, felts and building and other paper, 65 per cent. Total paper figures are the aggregate of the four previous
columns plus, up to May, 1923, the figures on newsprint and paperboard as compiled by the Federal Trade Commission, and, after May, 1923, the figures on newsprint as
compiled by the Newsprint Service Bureau, and the figures on boxboard as compiled by the U. S. Department of Commerce, Bureau of the Census, except that from June
through October, 1923, when these latter figures were not compiled, the paperboard figures of the American Paper and Pulp Association have been used, prorated up to
complete production by the percentages which they bore to the boxboard figures in 1924, or 60 per cent on production and 73 per cent on stocks. Stock figures represent
2

For March, 1923, data on bag and pap erboard were not compiled, and the January figures for these items were substituted wherever necessary to obtain totals.




61

Table 33.—WOOD PULP AND PAPER PRODUCTS
FOLDING
LAPAPER BELS
*
BOXES i

WOOD PULP

Chemical

Mechanical

YEAR AND MONTH

Con-

Produc- sumption Stocks,
end of
tion < and ship- months

ments *

Imports s

Price,
sulConImProduc- sumption Stocks,
phite,
end of
tion * and shipunports
bleachments 4 month *
ed e
Dolls,
per 100
Ibs.

Short tons
1909-1913 monthly av.
1913 monthly av
1914 monthly av
1915 monthly av 1916 monthly av _

106, 824

1917
1918
1919
1920

monthly av
monthly av _
monthly av _ _
monthly av

120, 589
108, 617
120, 817
131, 525

1921
1922
1923
1924

monthly av
monthly av
monthly av
monthly av

1923
September __ _
October
November
December

112, 145

16, 463
13, 991
18, 105
14, 504
21,877

160, 572

117, 804
109,817
120, 660
132, 308

145, 567
131, 170
154, 251
120, 079

23, 257
15, 456
16, 855
19, 375

159, 375
158, 008
161, 247
188, 156

157, 797
158, 930
160, 375
185, 536

105, 668
123, 495
131, 073
145, 727

106, 214
127, 802
131, 266
139, 796

166, 889
136, 664
95, 900
195, 007

16, 000
17, 965
24,957
20, 929

127, 786
165, 198
185, 253
199, 140

93, 503
113, 986
119, 651
162, 902

117, 800
142, 571
123, 523
132, 871

98, 215
68, 782
63, 855
90,598

25, 538
26, 285
30, 666
35, 429

January
February
March .. _. _. ...
April

179, 503
143, 715
154, 466
213, 054

147, 445
131, 920
131, 586
179, 138

126, 134
136, 334
163, 692
205, 225

May

July
August

185, 403
152, 606
98, 009
116, 540

146, 172
144, 469
125,329
128, 183

September
October
November
December

114, 737
145, 523
121, 700
123, 465

1925
January
February
March . _„
April ....».„._

Per cent of
capacity

25, 855

$2.23
2.16
2.12
3.81

44, 799
33, 671
53, 725
33, 720

33, 230
32, 728
36, 147
56, 153

4.81
3.84
3.52
6.58

127. 467
166, 438
200, 642
200, 793

53,411
52, 518
62, 472
58,492

44, 457
86, 942
92, 843
106, 399

3.50
2.56
2.97
2.58

47.9
69.4
63.6
67.4

178,444
225, 098
182, 784
168, 524

184, 756
232, 036
179,066
186, 786

69, 138
78, 778
79, 580
67, 476

85,936
91, 302
116, 224
97, 533

3.11
3.11
2.91
2.71

17,660
17, 637
22, 552
18,431

220,792
195, 906
201,738
233, 250

222, 714
195, 388
205, 152
233, 690

69, 926
67, 148
65,270
68, 664

88,565
124, 178
86, 556
62,864

251, 180
249, 463
226, 7Q8
218, 334

13, 291
13, 180
18, 042
21, 204

185, 424
190, 918
172, 230
179, 046

191, 034
194, 648
178, 186
180, 640

60, 540
59,368
54, 546
52, 840

128, 226
155, 348
131, 822
127, 911

204, 725
194, 882
183, 846
179, 466

24, 527
30, 565
24, 835
29,228

185, 800
227, 424
198, 506
198, 640

188, 082
229, 032
195, 190
195, 760

126, 308
124,909
177, 137
198, 583

149, 678
126,537
147, 026
155, 878

159, 435
177, 175
207, 934
256, 255

22, 463
27,560
18, 896
21,740

221, 756
191, 142
220, 184
217, 590

179, 591
149, 512

148, 240
144, 886

288,825
291, 857

32,620
30, 199

194, 260
188, 550

125, 678

ROPE
PAPER
SACKS
(8)

Domes- Foreign Shiptic sales sales ments

New orders

25, 521
31, 130
38, 091
32, 861
35, 100

129, 325

ABRASIVE
PAPER AND
CLOTH 2

Reams

^

Eel. to
192119227

68, 150
78, 363

9,171
11, 695

44.2
82.7
80.6
83.7

47, 957
72, 394
86, 916
79, 002

4,379
8,836
10, 943
10, 165

'100
110
119
129

47.4
67.8
63,2
69.3

57.9
93.4
63.3
76.0

75,196
81,048
77, 634
60, 353

12, 297
11, 371
10, 522
9,200

123
129
118
112

2.61
2.63
2.63
2.63

64.6
81.0
76.2
62.9

108.2
83.0
129.8
129.0

89, 961
92, 660
96, 376
79,704

8,384
8,529
10, 553
11, 620

89
109
133
117

82, 746
87,549
114, 531
120, 816

2.63
2.60
2.51
2.53

58.0
75.6
67.9
74.9

71.7
63.1
65.6
85.9

76, 890
60, 969
63, 553
70, 491

11, 018
12, 815
7,777
10, 916

129
122
145
165

48, 888
48, 562
51, 778
54,372

132, 350
135, 238
109,047
132, 344

2.51
2.51
2.57
2.63

56.6
55.6
60.3
74.9

57.2
84.1
64.6
62.6

79, 828
86, 587
73, 581
77,429

8,228
8,591
11, 940
11, 606

156
153
119
112

224, 836
198, 720
217, 300
217, 484

47, 850
40, 198
37,964
39, 186

142, 119
104^262
120, 194
88, 973

2.63
2.63
2.60
2.60

63.7
66.4
61.5
62.4

87.9
107.3
124. 9
87.1

100, 565
94, 935
92, 097
86, 484

9,582
10, 764
12,028
11, 485

101
127
142
126

195, 522
188, 970

37,980
35, 204

101, 285
111, 539

2.60
2.66
2.68

66.4
84.4

82,780
85, 503

13,922
14, 182

124
143

1924:

May
June
July...

September
October
November
December

.
!

1

Folding paper boxes and labels from the Association of Folding Box and Label Manufacturers, said to represent approximately 60 per cent for the folding box industry
. and 275 per cent for the label industry.
Data compiled by the Abrasive Paper and Cloth Manufacturers' Exchange, estimated to represent 90 per cent of the industry. The totals given include the sales of
garnet, emery, flint, and artificial (silicon, carbide, and aluminous oxide) paper, cloth, and combinations. Figures are stated in equivalent reams 9 by 11 inches in size.
The 3data submitted show that in 1919 the total sales were made up of the following approximate percentages: Garnet 39, emery 8, flint 32, and artificial 20 per cent.
Rope paper sacks from Rope Paper Sack Manufacturers' Association, said to represent approximately 95 per cent of the industry.
4
Data on production, consumption, and shipments by mills and stocks from the Federal Trade Commission to May, 1923, representing practically complete production
thereafter compiled from reports of the American Paper and Pulp Association prorated to represent complete production on the following percentages calculated on the
production in the last seven months of 1923 as compared with the total for that period derived from the Federal Trade Commission reports and the Census of Manufactures:
Mechanical
pulp, 65 per cent; chemical pulp, 50 per cent.
5
Imports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
« Price of sulphite domestic wood pulp is monthly average from U. S. Department of Labor, Bureau of Labor Statistics.
• » Twelve months' average, July, 1921," to June, 1922. Numerical data not furnished by tha association.




62.

Table 34.—HOUSING, BUTTONS, GMSS^ ANB OPTICAL GOODS
BUILDING
COST
MATERIAL ' • EtfBEXESPRICKS*
(Is&of
mo.)
(1st of mo.)

Factory
Frame Brick buildHouse
llOB3fr
YEAR ANF> MONTH
feg

Construction
costs i

SPECTACLE
FRAMES
AN»MOUNTINGS *

Un,-

FRESHWATER
PEABL
BUTTONS »

Production

Stock*

et.
to Rel. to Relative to 1919 Per
of caRelative to 1913 Rel.
1914
1913
pacity

ThouSi
gross
of

COStS 6

Sales
billed
(value)

Meif

orders

„ ILLUMINATING
GXAS'S'WARE*

Net
orders

Actual Ship- Porfrproiandv
duc- ments
foififed O*eg.»
tion

Per cent of capacity

100

100
100

1919~ monthly av
19^0 monthly av
192*1 monthly av
1922 monthly av
19*23 monthly av
1 1924 monthly av

25
27
30
43
50
68

198
251
202
175
214
215

100
104
73
82119'
97

100
114
51
41
83
43-

186
299
263

1
1934
; January
1 February
March
April

204
' 204
205
' 206

207
207
209
209

199
200
202
202

218
220
225
222

125
128

83
77

115

M!ay
June
i July
j August

205
' 203
;
199
:
195

208
205
201
199

200
199
198
196

222
217
214
213

f September
October
November
Deceni'b er

202
196
195
201

203
199
193
202

196
195
195
197

1925
January
• February
March
April

196
195
198
198

199
197
201
200

198
197
195

197
198
1$5

^lay
June
July

•
FIRE
LOSSES

41 cities

United
State* 10. Great
Britand
Canada ain 11
Thous.
dolls.

Number

Thous.
of £

*

64, 672
63,094
56, 877

182
207
201

1

SBSZ

•

100
89
93
147
181
189

179
170
202
198

-.

Minne-

REAL
ESTATE
CONVEYANCES 5

KtTMERICAL DATA

RELATIVE NUMBERS

1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly a-v
1918 monthly a-v

HOUSING
RENTAL
ADVERTISEMENTS

1336.7
46.3
49.1
42.8

» 36. 2
44=. 0
49,3
43*6

'1335.7
; 42.6
i 49. 7'
: 4&S

12 1, 319
1,886
3,082
808
968
3, 673
1,094 : 4, 788:

92, 567
104,973
91,642
109, 895
139, 089.
140, 961

$22r4tl6
27, 571
27, 721
34,241
32,433
31,461

£707
644
514
904
62®

46.1
4& 1
33.4

12r562
13,, 846
14,014

46-

36, 4
43.5
44.0
41.6

14,455
14, 237
14, 221
14,191

41.5
46.0 •
50.5
43.7

51. 5
41. 8
5Z2 , 45.3
54,6
44.6
39.7
58.1

657
740
970
1,062

2, 839
2,522
3,381
5, 615:

144, 768
132, 566
149,863
153, 042

857
41,. 2**
31,448 = 736
28,. 4flft : 499
31,816 1, 613-

90
82
45
70

32
23
25
30

32.4
30'. 4
17.4
22.0

14,170
14, 1!93
13,964
13, 914

39.9
40.1
33.6
38.1

39.9
35.4
25.1
28.4

38.1
36. 0
29.0
37.8

1,261
1,135
1,294
1,160

5,479
4,598.
3,315
7, 611

148, 802
140, 152
137,965
131, 839

27, 832
20, 350
23,969
31,349

847
463
387
30$

211
208
206
2©9

85
110
87
8-7

43
43
38
20

28.4
32,1
36,1
36.8

13,784
13,607
13, 653
13, 65S

48.7
45. 8
43.5
42.2

37.7
45.7
51.0
43.6

44.3
48.3
45. 5
39. 5

1,302
1,299
1,246
1,004

7,508
6,228
5, 058
3, 307

131, 430
150, 824
130, 824
139, 453

29, 612
27,944
39,082
44,,477

398
510
392
432

197
197
137
195

210
210
210
210

80
90
97
96

27
35
42
39-

33. 9
41.6
43,6
45.5

13,496
12, 913
12, 607
12, 515

38.9
50.0
51.0
43.0

38.7
52.0
55.5
38.7

39; 4
45.1
48.7
41. 9

1,025
1, 008
1, 183
1, 132

3, 106
2, 624
3, 640
5, 458

135, 932
123,838
157,.285
169, 712

4ira&

481
322
1, 189
377

194
194
194

207
205
205

93

34

46.0
47.4
38.4

12, 485
12, 510=
12, 332

45.5
49.2
35.6

40.2
48.4
3&4

43.6
461.8
34.3

1,353
1,216
1, 109

5,450
4,306

166,726

29,171
23,651
29r622-

139

58

32r472
33,347
37, 697

246
380

.
September _
October
November

1
Building material price indexes representing the relative cost of building materials entering into the construction of a six-room frame house and a six-room brick house
- from the U. S. Department of Commerce, Bureau of Standards, Division of Building and Hominy, and Bureau of the Census, are based on prices paid- for material "by contractors
in some 60 cities of the- Uni-ted- States. The prices ar© weighted by the relative importance of each- commodity in the construction of a six-room, house,
2
Data from the Optical Manufacturers' Association, representing about 60 per cent of the industry.
3
Data on fresh-water pearl buttons from National Association of Button
Manufacturers from reports of 17 firms representing 95.2 per cent of the machine capacity of thaassociation members, except prior to July, 1922, when 16 firms reported1.
* Data from reports of identical firms by the Illuminating. Glassware Guild, estimated to represent from 70 to 75 per cent of the capacity of the industry, based on a normal
capacity
of 6,000 turns.
6
Real estate transfers and: conveyances compiled1 from official records of 41 large cities by the National Association of Real Estate Boards.
6
This index number, furnished through the courtesy of the Aberthaw Construction Co., is designed to show the relative changes in the cost of constructing a standard
concrete factory building. The company believes that the year 1914 gives a normal bas<e and that July," 1D2Q, with an index number of 265, represented the peak of costs.
Beginning with June, 1923, the Morton 0. Tattle Co. has also prepared an index on a similar basis, with practically identical results. These index numbers are given as
of the first day of the month.
7 The construction, cost index, computed1 by the Engineering News Record, is based upon the costs of steel (structural shapes, Pittsburgh base)1, cement (if. o. b. Chicago,
exclusive of bags), lumber (southern pine, New York base), and the rates paid common labor in the steel industry through 1920; after which common labor rates are averages reported from about 20 cities by correspondents of the Engineering News Record. The prices are weighted on the basis of the total production of steel, cement, andlumber,
and the total supply of common labor. Monthly data from 1914 appeared" in June, 1923, issue (No. 22), page 52.
8
Com piled by the Portland Association of Building Owners and Ma nagers, showing the number of advertisements, computed from number of inches, carried in leading
newspapers
of Portland, Oreg., each month of houses and apartments to rent.
8
"Compiled by the Federal Reserve Bank of Minneapolis, showing number of advertisements in a Minneapolis newspaper each month of houses and apartments to rent
both furnished and unfurnished. No effort has been made to eliminate duplications of houses advertised from day to day, and thus1 the total does not represent actual mln>
ber of
dwellings for rent, but it does indicate the trend.
10
Fire losses in the United States and Canada compiled by the New York Journal of Commerce include losses of $10,000 or over in the principal cities of the Uni-ted States,
Canada, and Alaska, each month's figures including an item of 15 per cent to cover small and unreported losses. Individual losses are given in the original publication of
the figures. Monthly data from 1913 and seasonal index appeared in the December, 1923, issue (No. 28), p. 53.
11 Fire losses in Great Britain compiled by the
London Times; prior to January, 1923, these figures did not include fires involving losses of less than £1,000, and thus
12
are not comparable with later
figures.
Four months' average, September to December.
w Twelve months' average, May, 1921-Apr. 1, 1922.




••CONTRACTS AWARDED (36 STATES^!

Industrial

Commercial

YEAH AND MONfcH

Thous.
sq.ft.

Residential

Public ami
semipublic

Educational

Thous.
dolls.

Thous.
sq.ft.

Thous.
doils,

Thous.
sq, ft.

Tlious.
dolls..

Thous.
sq. ft.

$38; 8^2

6,262.9; 500
10,6&917> 780
15; (W

$10,435
17,81324,20347, 085
50,- 051-

20,927 | $38>121
44J-068
20,008
13,864. I 32y.346
27,785
9,55222,218
77)465

2,:399

:

Public
works

and:

Grand t^)tal

utilities

Thous. Thous.
dolls. . sq..ft.

Thous.
dolls.

Thous.
dolls.

Thous.
sq. ft.

Thous.
dolls.

2, ,864:

$17,:458

$49, .977

53, 382

$245,'089-

2,,824
• 4,298
4r921
• 3,,912
4,-643

20,765
. 26,268
31,653
25,386
32,728

56,374
45, 719
55,960
55, 456
60, 326

38, 275
36, 859
54, 552
56,352
58^869

240,677
224,:070
318, 403
331, 776
373,816

.i

1$!:5 monthly average
1916 monthly 'average
1917 monthly- average- 1918 -monthly average. _
1019 -monthly average _ _ _ . 10, 8W
1920 -monthly average
1921 monthly average. ___
1922-inonthly average. _ _ _
1923 -monthly average - - ~
i 1924; monthly average

!
•
I
1

1933
January
February
March
ApriL
._
May
June
July
August

1

2,316
' 3,863
4,-538
: 4,432

15, 073
25,706
27,549
29,922

28, 642
38, 893
48,192
67,,228

43, 329
49,553
71,.757
72,277

242, 738
281; .140
371j 447'
399; 501

11, 667
6, 319
4, 558 ;
3,798'

62,979
55, 867
26, 019
19,359

i
!
I
j

168, 217
136, 313
124; 171
12$ 831

5,519
4,569
5,>021
4)411

30, 453
26, 410
31,445
25y861

4,424
5,064
4,105
3,795

28, 931
32, 121
27,356
26,458

83, 817
75, 696
65, 159
62,664

72, 810
53, 727
. 48,971
. 47,910

433, 907
371, 034
315,024
298,62*

44- 142
35, 133
32, 5S4'
42,388-

4,392
4,205
5; 907'
5, 063:

3S, 059
32, 721
44; 467
25, 160

• 25; 296
37,311
1 36,164
33,166

1111906 ' 3,'0%: ; 16,369
26, 085
5,033
173, 042
24^273
158^ 953 : 4*219'
;
28^428
147; 689 • 4J111

3,573
4,857
3,598
2>373

23,448
30, 207
22)315
15,5*6

55, 0.1-1
63,499
36,237
40,536

. 44,857
60, 192
. 57,578
. 53,269

288, 932.
360, 687
318, 82&
299,748

7,778
9,420
11, 455
9, 615

38,393
47, 124
64; 432
49,!724'

3, 795
4; 096
4,744
4, 994

24, 769
19, 060
21,703
56,361'

37,945
31,348
49,838
47,536

170, 186
142; 079:
227, 461
219,139

3,114
18, 519
5,839; ; 3"1>155
5, 748 • 34; 062
33; 522
5, 757

3,225
' 3^706
6,017
4^795

21, 705
22,556
40,'.726
32,511

28, 381
37,956
44,895
88^841

£6, 624
. 54,879.
, 78,326
, 73,169

301, 952
299,' 029 =
433,340
480, .097

11,232
9,308
8, 993
8,361

56, 380
56, 556
49, 346
41, 151

4,625
3,294
3, 017
3,967

28, 901
24, 988
19,664
30,380

39, 755
34, 101
25, 474
27, 998

185, 419
161, 443
123, 072:
148; 232

6,908
5,262
6; 1501
4; 401

;

5,812
4,734
6,059
4>9e8

39, 283
37, 963
38,*875
37J613

68, 708
71, 784
71,717
6^296

68, 784
57,754
50,522
50,767

419, 273
387, 521
347,184
354, 443

8, 751
9,664
10,038
8, 424

43,316
55, 969
55, 255
38, 696

4,216
4,478
4; 101
8, 705

35, 222
29, 033
34,373
j 30,770

28, 236
32, 143
34, 779
33, 153

14S;706; • 4?; 857'
4,127
166, 199
19i;319
2,825;
3,254
160,839

;

31, 728
27, 675
18,311
25,797

5,2S4
4,195
3, 181
3,785

38,31«
29, 991
22, 947
30,25D

52,034
101, 224
57,455
35,620

51,631
55, 087
55, .258
53,625 .

344, 316
410, 091
379, 660,
327,986

67,372 : 4, 335
38,825" ; 3, 308
; 54; 871' i 4,836
; 63,969
6, 498

19,454
20,797
53,133
46, 568

26, 791
27, 850
45, 534'
51, 453

127, 232
138,023
220,872256, 414-

2,371
3,809
5,557
5,203

15,339:
20,278:
42, 193
33, 155

3,217
3,746
5, 571
6,431

31, 614
30,- 501
41,917
51,433

35, 462
52, 865
67, 931
95,432

48, 536
46, 861.
73, .555
82,565-

296, 473
299, 260
480, 916
548, 971

27,562
25,161

48,101
42, 988

231 182
208,= 583

4, .623
9,002

29,313
64,585-

6,106
6,597

49,928
57, 214

77, 759
92,916

78, 910
76,756

496, 024
540, 610

„

4,765
e,580;
8; 773'
7,397;

w

311, 646
9,597
8,457
8,484

59, 510
44, 727
40,875
37, 457

8,499!
8, 786'
7, 689'
8,558

.

r
19#£
i January
February'
_.
March
April

._

._
__ _
.

September . _ «
October.
,. .
November
.,
December

1-935
January
' February
March
" April.

September
October
'. November
December

16, 862
2,726
5; 268 • 27; 668
5,^008^ : 26^966
0,709 • 39i 803

36, 332
34, 6§S
51,233
53,; 826

September' October1
:
• November _.
:
December

May
June
July
_
. August.

122, 678
1131902
175^705
175,087

6,797
8,185
11,266
11, 473

!

May * - .
June _^
July
August.

26,724
23, 152
40; 275 ! 25,658
4I,803: \ 4% 174
33/335 ! 42; 267

12; 564
3; 518
6, 4486, 119
4,169

_ _.

10, 919
7,407
11,772
12,261

-_,
.

1$,903
' 23,918
2%754
26,719
30,620

:

51r669
80,U39
123,-.014
144,541
170,841

30,639
31- 80S*
47,545;
42, 743r
49,695

14,183
13, 713

80,280
92,152

:

5,278
3,973

57, 459 '
16-893
31-, 67436,932
29;606;

39,555
28,179
26y831
27,423

: 2,745
4=239
5,-701
4;<541
= 4^854

$11, 722

12,642
18^812
28; 538
32,' 502
35,- 192

8; 107
6, 4139,3639,120
9,420

„
«.

;

40, 582
34, 807
39,511
31,771

1

_
^.w,

i Gompiiediby the F. W. Dodge Corporation from reports covering contracts awarded in small towns and rural1 districts as well as large cities; The data shown on this
page include figures from 36 S tates, .all except Washizigton, Idaho, Montana, Oregon, Utah,, Wyoming, Nevada^ California, Arizona, New Mexico, and parts of Kansas and
Nebraska, comprising,about seven-eighths of the total building contracts in the United States. Prior to 1923,,figures for Colorado, Texas, Oklahoma, Arkansas, Louisiana^
Mississippi, Alabama, Florida, and i Georgia were; riot compiled, and the totals for those years f6r 27 States have been prorated to the figures shown- above-by applying to'
the 1923 totals for 38 States the percentage changes from year to -year for the 27 States. The original area figures for the years 1915 to 1918, inclusive; used in these calculations,
were estiniates^by the F. W. Dodge Corporation. Data .giving monthly figures for 27 :States (except that prior to May, 1921, North
and South Carolina-were-not iiicluded>
winch*,however, made little change in the total) for 1920/and 1921. appeared in the M ayr1922, 1issue (No. 9);,,pp...7T and 73; and1 for subsequent months in the August, 1924,
issue (No. 3a)>.p. 109i Thereports of the F.- W.Bv&gz Gorier alion show totals by districts and also separate
the public'and' semipublic building group into various classes i.
1
shown separately in the August, 1923, issue (No. 24), pp. 94 to 97, and also present military and naval and miscellaneous classifications, wMch are hisre included only in the?
grand; total,




64

Table 36.—YELLOW PINE AND DOUGLAS FIR LUMBER
NORTH
CAROLINA
PINE <

SOUTHERN PINEi

YIAE AND MONTH

Production

Shipments

Orders

Stocks,
end of
mo.

Exports 2

Price,
flooring 3

Production

DOUGLAS FIR
Exports 6

ShipShipProments duction 5 ments 5 Orders * Lumber

Price,'
No. 1,
Timber common

Thousands of feet, board measure
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
423, 509
1917 monthly average
1918 monthly average. . . 368, 325

441, 903
399, 160

446, 405
354, 287

1919 monthly average. . .
1920 monthly average. . 1921 monthly average. . .
1922 monthly average
1923 monthly average
1924 monthly average. - -

379, 701
330, 229,
394, 812
430, 673
458, 971
459, 483

1,371,652
1, 116, 259

119, 601
77, 603
52,354
54, 280
37, 770
29,007

$23. 04
21.37
20.29
22.64
31.54
33.76

376, 070
306, 559
399, 677
451, 395
451,944
463, 763

937, 748
1, 187, 587
1, 211, 174
1, 177, 627
1, 086, 042
1, 099, 374

50,687
65, 688
43, 615
52, 137
68,604
70, 438

55.00
74.53
35.98
45.46
47.70
41.89

34, 230
33, 514
30,164
52, 543
48, 257
49, 144

460, 685
376, 603

430, 963
489, 729
427, 285
383, 525

477, 724
468, 769
432, 512
485, 566

1, 087, 475
1, 089, 368
1, 115, 880
1, 110, 704

42, 681
51, 814
55, 540
78, 996

43.70
44.17
42.27
42.21

452,214
447, 954
468, 285
476, 998

497, 038
419, 297
435, 417
448, 535

541, 282
384, 638
416, 926
471, 238

1,068,919
1, 094, 418
1, 123, 328
1,131,408

54, 324
74, 109
69, 859
68,104

484, 501
426, 171
439, 967
468, 236

486, 486
406, 809
468, 575
493, 505

440, 790
408, 454
515, 336
482, 274

1, 129, 893
1, 153, 375
1, 124, 717
1, 103, 006

466, 639
463, 009
424, 187
422, 347

457, 732
493, 650
482, 758
423, 993

444, 856
506, 478
524, 194
428,688

489, 487
453,618
498, 442
497, 087

446, 066
425, 106
474, 239
501, 153

483, 872
459, 378

483,403
461, 944

380, 524
358, 015
375, 438
431, 633
450, 165
453, 376

1923
September
......... 447, 034
486, 292
October

December

349, 511
376, 882

322, 157
364, 730

56, 203
46, 848
23, 299
23, 240
23, 647
22, 709

32, 107
29,791
29, 052
52, 496
48, 539
49, 337

373, 263
380, 351
297, 738
435, 673
508, 789
488, 831

355, 358
334, 915
298,506
409, 224
515, 951
497, 747

416, 088
610, 318
609, 871

25, 095
37,602
37, 936
51, 225
43, 165
51, 962

14, 371
35, 646
40, 427

25. 417
29. 917
11.833
15. 250
19. 415
17. 250

51, 135
50, 869
52, 360
42, 455

43, 750
50, 295
53,200
44, 415

542. 101
557, 321
557, 321
476, 297

532, 253
521, 509
498, 679
425, 713

577, 465
514, 347
513, 899
490, 622

39, 412
43, 971
45, 368
59, 007

44, 299
30,783
59, 410
99, 343

17.500
18.500
18.500
17.500

44.28
44.54
43.99
43.55

47,530
49, 784
50,988
61,660

50, 680
52, 325
48, 482
49, 840

470, 925
553, 740
518, 823
507, 185

474,059
528, 672
538, 520
663, 141

500, 918
461,525
503, 156
471, 821

111, 340
56,019
50, 576
43, 792

86, 849
51, 870
42, 277
51, 825

19.500
19.500
18.500
17.500

72, 597
67,173
89, 707
71,293

41.66
39.51
38.51
39.56

50,400
43,080
38, 843
53, 417

52, 430
42, 399
45, 332
51, 555

494, 651
472, 716
371, 547
490, 622

510, 766
502, 708
448, 543
494, 651

446, 752
473, 163
457, 496
554, 635

53, 219
36, 213
43, 519
42, 526

26, 201
34, 686
34, 237
36, 202

17. 500
16. 500
16. 500
16.000

1, 115, 375
1, 080, 026
1, 026, 246
1, 041, 774

64, 893
73,121
56, 962
83, 119

39.92
40.31
42.48
44.42

49, 518
51, 849
58, 821
43. 841

44, 191
56, 042
53, 844
44, 919

480, 326
542, 996
515, 690
446, 752

488, 383
503, 156
465, 106
455, 258

517, 033
637, 898
566, 274
527, 776

54, 777
45, 489
46, 139
39, 931

32, 766
39, 092
23, 758
25, 357

16.000
16.500
16. 500
16. 500

467, 704
429, 608
435, 272
500, 862

1, 103, 887
1, 123, 581
1, 150, 976
1, 163, 231

58, 183
74, 595
80, 658
95, 554

46.95
47.32
46.88
45.67

41, 426
55, 622
56,231
54, 012

44,639
53, 844
56, 217
56, 812

507, 185
524, 643
525, 986
539, 415

521, 062
505, 842
519, 271
577, 018

468, 239
490, 174
559, 112
592, 685

52, 853
32, 850
60, 446
52, 572

22, 358
21, 590
36, 758
32,932

19. 500
18. 500
18.500
17.500

477, 918
455, 554

1, 152, 617
1, 184, 431

88, 205
74, 037

45.06
44.14

55, 853
57, 799

52, 227
51, 702

536, 729
571, 198

573, 884
612, 829

553, 292
694, 028

41, 987
63, 976

16, 880
33, 408

17.500
16.500

$9. 208
7.917
7.875
10. 375
15. 875
18.250

1924

February.
March .

July
August

>

.

September _ . _ ......
October
...
November
December ...
.
1925
January
February
March
May
June..
July

i The figures for southern yellow pine, except exports and prices, are ^computed data furnished by the Southern Pine Association. The method of computing is first to
find the percentage relation between the actual production, shipments and orders of the mills reporting and the normal production of these same mills. Thisjper cent is
then applied to the normal production of 192 mills. The average production in the first four months of 1916, 484,065,392 feet, is taken as normal production. There are no
separate normals for orders and shioments since these two items must be governed by production. Assuming that the mills reporting are a good sample of the industry
the resulting figures are equivalent to the actual production, shipments, and orders of the 192 identical mills, and hence a fair sample of the industry. The same procedure
is followed for stocks except that normal in this case is 1,262,450,326 feet, the average stocks during 16 months ending April, 1916. The figures are based on actual reports
from about 180 mills on production, shipments and stocks and from about 145 mills on orders. Monthly data for 1921 and 1922 appeared on page 59 of the October, 1923,
issue (No. 26). Monthly data 1917 to 1920 appeared in April, 1923, issue (No. 20), p. 49.
2 Exports of yellow pine lumber from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1921 are given in the December,
1923,3 issue (No. 28), page 56.
. a .
Data from U. S. Department of Labor, Bureau of Labor Statistics, and represent average weekly prices for yehow pme flooring, grading B and better, at Hattiesburg
« Data computed from reports on actual production and shipments as furnished by the North Carolina Pine Association, Inc., for mills varying in number from 31 to 56.
The computed figures given are obtained by first determining for a given month the per cent which the actual production is of the normal production of the identical mills
reporting. This per cent is then applied to an arbitrary figure of 70,000,000 board feet, which represents the approximate monthly average normal production of the mills
which reported in 1919. A similar per cent of actual shipments to normal production is applied to the same figure to obtain the computed shipment figures. The resulting
figures represent a computed production as of identical mills for each month. The figures are of the same order of magnitude as the actual reported production and shipments, but avoid the rather wide variations due to different mills reporting in different months.
5 The figures of production, shipments, and orders of Douglas fir were obtained by applying the percentage figures of actual production, shipments, and orders to normal
production of reporting mills as supplied by the West Coast Lumbermen's Association to the actual production of 124 mills for May, 1920. The production in that month
was 447,647,540 board feet and has averaged about 75 per cent of the total production of Douglas fir lumber in the United States. Monthly production data for the period
1917-1921 appeared in the December, 1922, issue (No. 16), page 49.
•
» Export figures are from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1921 appeared in the December, 1923, issue
7 Data from U. S. Department of Labor, Bureau of Labor Statistics, and represent averages of weekly prices for the State of Washington.



65

Table 37.—MISCELLANEOUS SOFTWOODS
CALIFORNIA
WHITE PINE 2

WESTERN PINEi

Lumber

Production

YEAR AND MONTH

Shipments

Stocks,
end of
month

Production

Ship- Stocks,
end of
ments month

Production

]

av
av.__
av.__
av.__

109, 357
113, 424
113, 794
134, 467

110, 423
97, 784
109, 032
110, 697

Thousands

881, 924

62, 561
48,263
68, 368

31,900
37, 284
36, 036

265, 113
287, 645
267, 276

40, 273

50, 139

1921 monthly av — 74, 437 76, 840 1, 063, 658
791, 461
1922 monthly av.__ 120, 689 128, 606
914, 376
145, 916 129, 140
1923 monthly av
137,577 135, 251 1,033,833
1924 monthly av

39, 110
66, 387
101,876
96, 061

29, 114
45, 784
61, 972
76, 765

370, 303
382, 216
494, 177
668, 840

34, 204
44, 512
51, 460
42, 959

27, 768
48, 357
46, 346
44, 621

1923
January
February
March
April
May
June
July
August

CALIFORNIA
RED WOOD «

Lath

Pro- ShipPro- Ship- i duc- ments
Ship- Orders
reducments ceived tion ments tion

Thousands of feet, board measure
1917 monthly
1918 monthly
1919 monthly
1920 monthly

NORTHERN
HEMLOCK *

NORTHERN PINE 3

Pro- Ship- Orders
duc- ments
received
tion

Thousands of feet, board measure

6,357

35, 327 33, 169
33,643 37, 974
30, 056 37, 051
27, 290 19, 431

37, 460
36, 404
44, 243

28, 547
32, 759
35, 337

28, 745
39, 934
30, 576

49, 033
4.1, 018
44, 406

8,669 9,882
12, 574 11, 097
13,290 12, 292
10, 825 11, 796

16, 986 18, 435
23, 483 26, 088
26, 059 25, 351
20, 416 18, 920

39, 618
49, 035
53, 240
48, 136

28, 441
44, 010
49, 268
37, 583

29, 472
47, 805
46, 861
38, 129

9,581

64, 093
59, 148
124, 188
175, 232

128, 711
116, 557
144, 948
131,040

830, 534
766, 391
737, 489
779, 652

28,097
22, 699
39, 463
91, 929

53, 102
44, 282
66, 156
54,444

432, 247
367, 597
333, 169
328,640

34, 736
33, 702
38, 714
49, 748

49, 728
42,883
52, 720
43, 039

41, 870
40,506
41, 912
40, 571

9,025 8, 759
9,671 10, 845
10, 607 17,241
11,896 14, 342

26, 614 21, 535
22, 320 19, 109
28, 334 28, 432
24, 636 24,117

37, 004
43, 896
59, 844
47, 855

42, 799
52,740
61, 796
52, 744

67, 422
59, 658
66, 878
43, 347

197, 074

153, 220

820, 640
885, 077
947, 445
1,003,508

144, 244
152, 312
140, 679
172, 319

68,019
69, 947
67, 931
78, 452

405, 835
453, 155
607, 764
685, 358

74, 071
76, 734
69, 978
83, 862

51, 132
49, 611
40,658
49,041

43, 483
34, 988.
35, 445
40, 230

18, 616
21, 668
19, 229
20, 076

14, 381
11,281
14, 105
15, 091

27, 640
32, 086
30, 344
30, 731

31, 170
32, 656
26,364
26,961

67, 938
55, 312
46, 385
65,222

67, 326
54, 986
40, 712
56, 912

55, 336
38, 966
28, 147
50, 570

. _ 193, 505 139, 096
179, 098
196, 623

114, 813
131, 025

165, 285
146, 871
. . 91,771

141, 918
120, 443
111, 681

1, 035, 332
1, 058, 585
1, 080, 360
1, 027, 497

136, 178
144, 424
95, 254
54,915

62, 360
71, 821
60,851
56, 302

692, 114
654, 668
628, 591
640, 991

57, 379
48, 037
22,350
28,207

47, 492
52, 326
44, 251
33, 265

47,046
54,037
38, 052
34,073

14,472 13, 306
12, 131 15, 257
5,163 7,156
6,928 5,736

29, 293
24, 711
17, 288
18, 710

24, 743
26, 260
24, 613
18, 249

51,625
54, 774
69, 238
39, 785

50,026
37, 599
52, 056
39, 522

42, 148
38, 921
41, 744
29,192

1934
January
February.- _
March
April

74, 101
102, 830
148, 073
172, 195

127, 838
141,009
134,880
130, 222

966, 689
929, 473
936, 050
974, 168

16, 576
37, 163
55, 151
108, 329

52, 381
63, 171
63,883
66, 798

470,725
528, 127
462, 311
496, 003

37, 552
36, 347
36, 638
52, 718

41,720
46,406
49,905
42, 856

51, 453
45, 164
53,315
48,918

8,979 9,106
8,899 12, 105
8,906 12, 968
12, 578 15,098

16, 528 17,951
18, 765 19, 136
18, 002 19, 710
19,800 18, 821

38, 673
44, 367
62, 367
51, 966

36, 997
38, 847
49, 525
38, 462

40, 773
38, 040
52, 597
30, 286

May
June
July..
August

180, 985
161, 669
146, 110
159, 877

131, 412
124, 385
125, 561
147, 774

, 016, 922
, 057, 528
, 068, 266
, 077, 246

131, 127
133, 740
136, 499
147, 177

60, 362
64,042
79, 035
89, 377

483, 814
538, 991
608, 260
643, 786

59, 360
58,602
52, 267
54,068

40, 405
40, 036
45, 758
46,403

32, 322
33, 783
41, 053
62, 188

14,092
14, 625
13, 328
14, 675

22, 794 20, 951
27, 377 23,255
25, 177 17,505
22, 982 17, 884

62, 021
46, 289
34, 303
56,199

41, 764
29, 525
25, 099
43, 116

38, 986
28, 484
24, 622
46, 645

September
October
November
December

145, 737
147, 659
120, 413
92, 278

141, 636
144, 203
125, 977
148, 118

, 081, 443 142, 294
, 128, 395 126, 115
,116,779
78, 753
, 053, 038
39, 813

104, 829
102, 239
89,684
85, 378

659,335
673,923
630,653
630, 157

56, 369
41, 333
9,185
21,007

51, 466
62, 985
38, 529
38, 984

42, 313
39, 696
41, 976
50,693

13, 290 12, 567
12, 381 10,108
2,314 5,957
6,831 4,736

22, 155
21,293
12,159
17, 964

18, 368
20, 373
17, 191
15,899

32,907
44,532
53, 507
50, 503

36, 610
32, 755
41, 104
37, 195

33, 631
35,099
43, 684
44, 695

1935
January
February--... . .
March
April

77, 994
96,184
145, 951
164, 584

133, 718
120, 398
129, 019
136, 212

899, 658
867, 676
881, 684
903, 535

34, 979
32, 614
64,884
98, 551

84, 316
76, 820
88, 417
84, 377

650, 925
495, 533
467, 330
458, 791

33, 414
33, 905
41,.512
69, 332

44, 457
39, 466
37, 389
41, 929

40, 527
35, 650
32, 486
39, 856

8, 943
9,301
10, 781
13, 526

6,566
7, 333
9,357
8,538

18, 664 17, 455
14, 095 13, 648
16, 674 14, 049
10, 156 15, 819

43, 385
41, 822
51,409
39,584

36, 246
40, 085
40, 904
34, 770

40, 618
35, 194
40, 990
36, 825

-•- 177, 055 145, 562

927, 799
881, 273

133, 818
165, 516

107, 745
107, 911

493, 023 61,906 44, 368
645, 982 ' 66, 200 46, 265
64, 313 49, 534

38, 636
38, 622
48, 928

16, 237 12, 403
17, 978 11, 989
18, 397 14, 576

12,338 21, 323
18, 313 18, 417

41, 933
49, 544

39, 992
41, 754

34, 176
42, 978

September
October
November
December

May
June
July

_ 158, 103 116, 224

156,800

131, 492

11, 494
16, 050
14, 849
16, 515

„

* The Western Pine Manufacturers' Association has supplied figures showing the actual and normal production for the mills reporting in each of the periods shown.
From these figures the per cent of normal production is obtained in each case, and this per cent is applied to the normal production of 54 identical mills. The normal
monthly production of these 54 mills is given as 148,000,000 board feet and is estimated to represent 70 per cent of the output of the western pine territory. Monthly data
covering
the period 1917-1921 appeared in the April, 1923, issue (No. 20), p. 49.
2
Actual figures reported by about 20 mills each month to the California White and Sugar Pine Association: the number of mills varies from 13 to 26.
3
From the Northern Pine Manufacturers' Association, and includes reports from some 24 mills, both member and nonmember, located chiefly in Minnesota. Monthlydata4 on production and shipments from 1920 appeared in September, 1922, issue (No. 13), p. 48.
Compiled by the Northern Hemlock and Hardwood Manufacturers' Association, representing chiefly Wisconsin and upper Michigan mills, from actual reports of from
60 to 75 mills each month. Yearly averages covering the period 1913-1916 were shown in the August, 1924, issue (No. 36). The 1913 monthly averages on which the relative5numbers were based are 37,664,000 and 36,442,000 board feet, respectively, for production and shipments.
The California-'Redwood Association has furnished to the Bureau of the Census the figures on the actual production, shipments, and orders received by 7 identical
mills for each month of 1918, 1919, and 1920. These 7 mills represent 40 per cent of the capacity of all listed mills for these years. For the first 4 months of 1921 reports
were furnished from 10 mills representing 56H per cent of the capacity of all listed mills. For the remaining months of 1921.reports are ayailalbe from 11 mills representing
71 per cent of the total listed capacity, and for 1922 reports are available from 14 mills representing 73 per cent of the total listed capacity. The actual average monthly
production of the 7 reporting mills for 1918 was 14,984,000 feet. On the basis of 40 per cent capacity, the 1918 average monthly production of all mills is computed as 37,460,000 feet. Regarding this as normal production, there has been computed the probable production of the total redwood capacity based on the proportion which capacity
of the reporting mills bears to the total of all mills. The columns on shipments and orders received represent a similar relationship between the actual reported figures
and the total capacity of all mills.


54240°—25t—5


66

Table 38.—HARDWOODS
NOBTHEEN
IIA&BWOODS »

ALL HARDWOODS *

Unsold stocks

Total stocks
YEAE AND
MONTH

Units
reDort~ing

Total
hardwoods

Gum

Oak

Total
hardwoods

Number
1913 mo. av.
1914 mo. av
19 15 mo. av.
1916 in o. av.
1917 mo. av
1918 mo. av.
1919 mo. av
1920 mo. av.
1921 mo. av
1922 mo av
1923 mo. av. 4182
1924 mo. av _ « 154

1933
\pril _ .
May
June
July „
August

September .
October
November..
December..

Gum

Oak

Unfilled orders
Total
hardwoods

Gum

Oak

WALNUT a

Lumber
Production

Logs

Ship- Pro- Ship- Stocks
on Purments duction ments hand chases

Thousands of feet, board measure

4
492,159 4 145,024 * 173,012 4 392,818 *111,097 143,854 4 134,608 4 47,020 4 39,530
e 555,276 5 174,425 s 191,629 8 434,137 « 134,413 « 115,053 8 139,712 • 48,029 8 45,952

4

Made
into
lumber
and
vender

St'ks
on
hand

M feet, log measure
28,318 25,390
31,034 19,911
24,755 22,067
25, 296 26,041
31,081 30, 105
29,241 27, 813
32, 732 33,328
34, 206 27, 509
27,838 19,067
26, 500 34, 204
37, 397 38,852
33,352 28, 533

1,807
2,538
3,529

1,927
2,391
3, 144

10, 214
8, 153
11,463

1,400
2,410
2,641

1,327
2, 114
2,727

2,087
3,282
3,106

385, 057
438, 779
479,079
503, 889
512,603

104, 104
126, 326
139, 601
143, 922
150, 854

134, 576
153, 324
164,430
173, 410
177, 805

292, 879
345,317
389,352
406, 550
408,092

77, 642
97, 711
109,619
113, 458
118,351

103, 003
149, 343
136, 414
143,391
144,667

116,086
127, 373
127, 325
123,888
129,831

37, 099 37, 227
40, 283 41, 522
42,144 34, 699
41,320 35, 853
42, 149 38,340

45, 700 40, 366
48,531 34,388
41,805 39, 215
33, 608 33,364
31,462 40,674

2, 360
2,799
2,812
2,785
2,200

3,007
2,535
2,293
1,889
2, 097

7,108
7, 355
7,871
8,450
8,553

2,406 2,038 3,389
2, 647 2,384 3,395
2,524 2,405 3,658
2,190 2,501 2,934
2,316 1,905 3,332

191K 507,794
502,099
196
197
535,871

153, 490
143,714
157, 260

175,383
176,970
189,759

396, 997
389,958
413,461

115, 661
108, 117
114,761

139, 326
140, 534
153,300

137, 720
142,079
154, 040

52, 393 41, 127
50, 799 41,819
60,053 43,349

27, 060 37,822
27,900 44, 469
25, 372 42, 738
32,310 40, 087

2,213
2,578
3, 009
2,730

2,039
2,378
2,623
2,060

7,943
8,121
8,506
9,143

1,830
2, 298
2,618
2,579

43, 525
51,576
51,907
52, 249

28,319
35, 592
34, 459
28, 070

2,561
2,702
3,078
3,704

3,088
3,568
3,246
3,285

8,646
7,819
7,751
8, 167

2,308 2,122 3,634
2,383 2,235 3, 782
2,108 2,852 3,060
2,756 2,502 3,312

24, 730
25, 328
22, 475
28,625

3,647
3,375
3,736
3,660

2,428
2,647
2,409
2,742

9,355 3,339
10, 168 2,443
12, 885 2,256
13,813 2,061

2,880
2,573
2,521
2,544

3,801
3,6§4
2, 910
2,419

152
185
195^
207
204K

1934
January
February
March
April

May__

1,905
2,229
2,342
2,083

3,368
3,441
3,895
4,426

June . _
July
August

116
131

424, 175
477,002

134, 261
151, 218

152, 555
163,697

325,652
355, 698

102,204
114, 594

121,337
117,002

118,285 41,044
137,563 44,138

34, 144
51, 143

37, 642
35, 185
27,392
23,952

September _
October
NovemberDecember..

151M
157
182^
182%

546, 242
563, 759
653, 653
666,825

169,421 188,942
174, 274 193,997
202, 489 222, 837
214,889 227,743

428,003
455,080
516, 247
524, 142

128, 518
138, 168
157, 123.
165, 871

151,052
159, 771
173, 532
180, 474

132,838 46, 633
123, 485 41, 546
158, 179 54,135
167,924 60,677

42,753
39, 738
54,927
53,004

19,732
14, 430
15,713
26,923

30,286
32,856
26, 835
26,820

3,648
3,990
3,990
4,256

3,255
3,889
3,352
3,818

13, 605
14, 556
15, 176
15, 614

2,543
3, 345
3, 243
2,902

2,746
2,997
3,731
3,017

2,348
2,695
2,931
2,686

1935
January
February..
March
April

184H
191
200^
198H

665, 144
689,384
733, 351
775,221

214,750
219, 501
228, 110
289, 563

225,734
227, 670
247, 669
258, 294

529, 515
554, 280
598, 267
646,255

169, 712
176, 546
185,891
199,413

180, 321
182,678
200,116
215, 122

159,337
153, 689
ISO, 027
148,068

54,927
49, 569
47, 838
49,740

50, 743
49,851
51,497
48, 102

47, 411
44, 894
47, 186
44, 732

29,117
23,913
25,481
22, 176

4,650
4,056
4,336
4,017

4,182
3,825
3,654
3,341

16,709 3,205
17, 085 3,472
17,476 3,679
18, 232 3,862

3,073
3,208
3,441
3,465

3,356
4,002
4,281
4,678

May

195

775, 695

241,714

251,129

638,391

194, 168

206, 650

157, 775

56,749

49,957

41,433

20,884

4,132

3,029

19,332

3,552

3,496

4,734

June
July
August

196M 796, 324

241, 912

253, 228

658, 998

197, 199

210, 831

156, 356

53, 542

47,226

41, 299

26,282

3,589

3,119

19, 515

2,921

3,261 4, 374

September
October
NovemberDecember.
*• .pomPlledfr9;in reports of the Hardwood Manufacturers' Institute, covering hardwood mills throughout the country; further details as to sizes, species, and geographical
distribution are given in the regular reports of the institute. The figures are all given as of the end of the month reported (original data being given as of the first of they
following month). Collection of these data was not undertaken from December, 1923, through June, 1924, and it will be noticed that from July through October, 1924, the
number
of production units reporting is considerably less than in the other months. A single band mill is considered on© unit of production.
•
1
Data from Northern Hemlock and Hardwood Manufacturers^ Association, representing chiefly Wisconsin and upper Michigan mills. These figures represent actual,
reports
from
60
to
75
mills
each
month.
The
hardwoods
cut
are
mostly
inapie,
birch,
aad
beech.
3
Compiled, by American Walnut Manufacturers' Association from reports of identical firms representing from 50 to 60 per cent of the walnut lumber industry.
4
Seven months' average, May through November, inclusive*
' Six months' average, July to December, inclusive*




67
Table 39.—TOTAL LUMBER AND FLOORING

Composite
prices *

Retail yards, 9th

YEAR AND
MONTH

Produc- Exports 2
tteni

Fed. Res. Dist. a
Sales

Orders Unfdied
Ship- Stocks,
Pro- Ship- Stocks,
Unfilled
end of booked
end of Orders
ments month
orders
booked orders duction ments month

Pro-

Hard- Soft- duction

Stocks woods woods
Dollars per

Thousands of feet, board measure

OAK FLOORING"

MAPLE FLOORINGS

LUMBER— AH species

thousand feet,
board measure

Thousands of feet, board measure

%

1909-13 mo.

1913 mo. av.
1914 mo. av
1915 mo. av_
1916 mo. av.
1917 mo. av.

2,197,334
2, 102, 537
2, 086, 531
2, 282, 175
2, 141, 144

178, 398
216,066
149, 145
93, 959
91, 216
85, 220

1918 mo. av.
1919 mo. av.
1920 mo. av.
1921 mo.av.
1922 mo. av.
1923 mo. av.
1924 mo. av_

1,874,419
2,069,522
2,059,875
1, 762, 264
2, 270, 551
2,494,008
2,418,838

85, 452
109,268 7 $30, 995 7215,564
129, 227
16,786
203, 175
100, 587
153, 155
13, 838
128, 515
15, 496
126, 744
145,760
14,651 127, 719
161,557
13,215
112,977

1923
September..
October
November..
December...

2,586,319
2,710,563
2,463,326
2,066,538

128, 171
127,844
145,920
171,642

17,312
19,507
15, 936
8,864

1924
January
February. . .
March
\pril

2,229,295
2, 425, 712
2, 527, 790
2,619,490

218,557
159, 215
153,337
148, 937

May
Juno
July
August

2, 635, 982
2,410,954
2,237,900
2, 531, 675

September..
October
November. .
December

1925
January
February...
March
April
May
June
July..
August

4,572
6,675
7,464
9,205
11,563
11,120

4,572
6,009
6,877
8,894
11,470
10, 446

11,780
9,000
16, 500
20, 900
22,500
24,900

4,719
6,104
7,419
9,525
11,429
8,956

6, 160
7, 250
5,800
7,100
15, 250
20, 900

$40. 33
46.72
43.11

$48. 98
27.42
30.79
33.86
30.95

10,039
10, 383
8,378
11,479
11,734
8,603

11,848
8,259
8,121
11,934
11,805
7,865

15,448
15,963
30,749
28, 040
21,343
23,880

14, 163
5,106
8,991
12, 194
11,085
8,085

38,289
26,723
10, 193
20,311
26,804
12, 347

4,858
10, 101
10, 745
12, 411
22,877
30, 103
34,843

5,537
11,070
7,800
13, 595
23, 945
28,878
35, 306

26, 500
14,433
23,237
33, 729
23,006
33, 609
43,773

4,781
11,782
6,343
14,058
23,723
28,313
35, 900

7,900
15,038
12, 902
10, 816
33,060
44, 258
46, 562

124,335
114, 965
110,446
105, 268

44.58
44.37
43.68
43.46

31.39
31.69
31.56
31.48

10,422
12,312
11,813
11,633

9,923
11, 595
9,858
8,876

19,794
19,861
22, 159
24,239

8,603
9,394
9,022
10,381

17,671
14,797
15, 129
15, 375

28,546
29, 267
30, 854
26,032

30,421
31,117
28,651
27,435

40,306.
38,646*
41, 467
41,140

35,538
30, 551
30, 158
37,851

32,873
34,868
37,714
47, 700

7,240
5, 368
7,864
11,082

109,846
118,343
119,690
120,583

43.71
44.14
44. 46
44.60

31.98
32.97
32.44
32.28

10,225
9,752
10,070
9,900

8,109
8,698
9,186
8,225

21,831
22, 747
23,008
24, 383

14, 736
8,653
7,383
4,819

18,655
19, 534
17,625
13,902

30,136
29, 033
32, 659
33, 927

31, 080
30, 441
30, 547
32, 442

38,595
38, 222
40, 627
44,677

42, 141
28, 688"
26, 021
25,867

56,554
53, 052
51, 283
45,938

157,769
138, 792
156, 814
151, 425

12, 954
15,803
17, 160
17, 364

118, 935
116, 751
115, 793
114, 621

44.67
42.53
42.12
41.77

31.34
29.97
29.31
29.82

8,349
7,492
7,604
7,471

6,472
7,425
7,546
8,369

25, 243
25,406
25, 557
23, 949

4,769
6,436
7,331
9,453

10, 736
9,596
9,074
10, 090

37, 769
32,935
34,057
35, 180

38,185
33, 713
36, 814
39, 574

49,706
50, 189
48, 842
45, 136

30, 853
30,824
43,080
48, 847

41, 104
36, 093
41,852
50, 262

2,439,220
2, 509, 998
2, 304, 835
2, 153, 206

159,613
157,877
176,055
160, 298

17,832
18,984
17, 946
8,987

112,273
107, 827
99, 393
101, 666

41.90
42.19
42.59
42.63

30.27
29.79
30.21
30.96

6,682
7,707
7,946
10, 034

8,374
7,761
7,284
6,935

22,440
23, 073
22,931
25,992

7,553
6, 864
8,366
10,652

9,237
8,124
8,859
12,735

38, 125
42, 253
37,064
36,975

38, Oil
42, 497
35, 721
34,642

42, 564
41,. 105
41,795
43, 823

33, 833
34,657
46, 103
39,887

45, 368
36, 005
47,883
53, 295

2,462,094
2,407,740
2,647,420
2,662,413

150, 950
136, 124
176, 935
183,701

8, 128
8,194
11,334
17,690

111,707
116,433
119,327
118, 088

43.49
44.23
43.78
42.92

31.44
31.68
31.63
31.41

9, 967
8,438
8,640
8,224

7,523
7,604
7,513
7,562

28, 214
28, 481
29, 110
29,775

8,866
7,142
5,602
5,573

12, 755
12,559
11,225
9,358

41,768
38, 245
41,611
43,473

34, 812
34, 904
40,564
44, 432

50, 925
52, 804
52, 623
51, 702

33, 794
33, 539
35, 956
43, 326

63, 772
52, 626
46,902
47,349

2,682,113
2, 682, 213

160, 258
183, 170

21, 084
24, 961

115,605
113, 577

41.43
40.94
40.18

30.84
29.93
29 88

7,687
7,600

7,399
8,353

29,165
28, 504

7,413
9,244

8,752
9,498

41,329
41, 692

42, 104
43, 699

51,254
53, 494

43, 372
46, 003

50, 862
50, 092

September..
October
November
December...
v

* Figures in this column represent the total cut of 10 species of lumber—yellow pine, Douglas fir, hemlock, western pine, redwood, maple, birch, beech, white
fir, and sugar pine—representing over 70 per cent of the total cut of lumber in the United States. Annual figures for 1913 and 1914 are from actual reports to the
U. S. Department-of Agriculture, Forest Service, and from 1915 through 1920 are computed on the basis of actual reports to the Forest Service. Monthly figures for
1920 are obtained by prorating the cut of each species as reported by the associations whose figures are carried on these columns to the Forest Service' total. For
subsequent
months prorating is done on an approximate average for the years 1917 to 1920.
2

Exports consisting of boards, planks, and scantlings are from U. S. .Department of Commerce, Bureau of Foreign and Domestic Commerce.

3
Data compiled by the Federal Reserve Bank of Minneapolis. Stocks represent the inventories of 19 companies retailing lumber through 588 yards in the Ninth
Federal Reserve District; sales represent the total retail business reported by 21 companies operating 625 yards. Data for 1919 were estimated for a few companies
on the
basis of the the correlation of reporting companies of 1919 and 1920. Monthly data from 1920 appeared in October, 1923, issue (No. 26), p. 59.
4
Composite lumber prices compiled from weekly data published in the Lumber Manufacturer and Dealer, representing combined weighted averages for the respective series of lumber, based on quotations on various grades for each species. The species are weighted according to annual production of the previous year, the weights
changing about May of each year, when the new production figures are available. The softwood index is based upon 7 species: Yellow pine, Douglas fir, North Carolina
pine, white pine, hemlock, spruce, and cypress. The hardwood index is based upon 13 species: Maple, birch, beech, basswood, elm, oak, gum, ash, cottonwood, chestnut,
poplar,
hickory, and walnut. Figures formerly published covered only first week of the month.
6
Data on maple flooring (including also birch and beech) are compiled by the Maple Flooring Manufacturers' Association, said to represent about 70 per cent of
the industry. The data for the period 1919-1922 include reports from 20 identical mills; in 1923 an additional mill was included, while 3 wills ceased reporting at
the 6beginning of .1924. Monthly data from 1920 appeared in July, 1922,'issue (No. 11), p. 43.
Compiled by the Oak Flooring Manufacturers' Association from reports of 25 identical mills, said to represent about 90 per cent of the total oak-flooring industry.
Monthly
data from 1912 appeared in May, 1924, issue (No. 33), p. 30.
7

Seven months' average, June to December, inclusive.




68

Table 40.—WOODEN FURNITURE, ROOFING, AND NAVAL STORES
HOUSEHOLD
FURNITURE
AND CASE
GOODS i

PIANO BENCHES AND STOOLS *

PREPARED DRY ROOFING
ROOFFELT ^
INGS

TURPENTINE 7

ROSIN ?

Shipments
Shipments

YEAR AND MONTH

Unfilled
orders

New
orders
(value)

Value, average per
firm, dollars
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average
1919 monthly average
1920 monthly average. _
1921 monthly average -_
1922 monthly average _ _
1923 monthly average _ _
1924 monthly average-.

1933
May
June
July
August .....
September
October
November
December ......

1924
January
February _.
March
April
May
June
July
August
September
October
November
December

1925
January
February
March
April

_.

.

<.
.....

.

...

May
June
July

Unfilled
orders
(value)

Value

Quantity

Stocks
Proend of
duction month

Shipments

Number Thous. of
of pieces squares 5

Dollars

$158,311

$204,688

$147,799

Net
Net
receipts Stocks, receipts
(3 ports) (3 ports) (3 ports)

Tons

Stocks
(3 ports)

Barrels

2,079

26,494
22, 807
25, 810
23,006
13, 349
15, 481

59, 721
71, 562
96, 821
123, 042
59, 603

83, 914
92, 260
98, 905
79, 787
53, 138
54,092

275, 273
322, 029
323, 461
292, 126
223, 926

27, 764
47, 707
26, 762
28, 610
38, 567

69, 912
65, 939
83, 439
98, 431
92,295

170, 542
316, 602
308, 498
266, 932
250, 476

$40, 266
23,949
29,883
37S882
36, 950

$128, 088
28, 812
45,005
56, 317
46, 287

135, 781
74, 969
86, 476
110, 133
88,366

169, 616
46, 448
61, 808
93, 673
34, 797

146, 646
71, 067
84, 276
109, 750
89, 732

12, 465
10, 149
13, 689
16, 540 .
13,969

2,360
2,182
2,541
2, 542
2,714

« 9, 016
« 12, 055
16, 078
17,406

2,427
2,296

21, 131
22,110
21, 765
26, 538
25, 878

40, 390
35, 328
33, 547
40, 563

53, 840
54,496
59, 961
55, 797

117, 733
97,988
75, 376
97,898

105, 637
102, 310
90,176
97,167

116, 646
97,657
86, 443
90, 253

17, 679
14, 037
11, 975
13, 351

2,853
2,486
2,279
2,582

17, 941
16,086
15, 276
16, 723

2,485
3,325
3,923
2,812

34, 130
39, 014
40,580
43, 678

18, 224
13,176
21, 285
29, 672

105, 626
116, 902
127, 098
138, 320

211, 063
215, 100
219, 135
263, 457

39, 287
46, 575
39, 961
31, 631

53,609
53, 313
46, 019
32, 759

116, 560
141,003
116, 809
104, 141

103, 271
105, 804
86, 498
49, f>94

103, 388
135, 877
135, 895
135, 493

14, 837
19, 858
19, 211
20,270

3,076
3,008
2, 585
2,043

15, 671
17, 892
16,153
14, 885

2,171
1,686
1,592
2,075

35, 693
33, 253
26, 586
27, 986

36, 375
37, 141
39, 221
50,323

114, 308
115, 428
106, 088
119, Oil

289, 564
295, 389
316,820
346, 200

30, 596
56,163
37, 812
34, 533

52,964
52, 143
43,231
34, 193

97, 739
103,666
86, 977
76, 366

56,070
57,974
42, 713
33, 927

90, 923
101, 165
94, 543
84, 691

13,839
14, 598
14, 358
11, 918

2,380
2, 915
2,560
2,350

14, 662
16,263
16, 267
17, 016

1,982
1,623
1,860
2,590

10, 788
5, 078.
4,826
15, 581

41, 545
34, 148
23, 487
22,456

61, 971
50, 610
29, 816
57, 310

306, 606
261, 109
226, 775
203, 159

28, 781
26,820
29, 813
36, 413

34,042
31, 741
46, 881
48, 164

64, 472
65, 152
54, 560
64, 952

16, 575
22, 360
18, 464.
26, 080

71, 384
68,624
60,960
57, 112

10,438
10, 497
8,194
9,698

2,496
2,331
2,596
2,747

17,108
17, 593
17, 597
18, 171

3,247
2,878
2,813
2,740

34, 949
39,620
46, 751
40, 605

23, 595
32, 499
34,200
43, 567

112, 571
110, 088
129, 907
124, 876

234, 644
241, 108
270, 218
274, 605

44, 113
43, 208
38, 121
37, 024

54, 805
54,583
57, 133
45, 592

115, 352
120,088
109,096
101, 968

43, 296
40, 120
39,528
20, 456

98,000
123, 008
116, 728
119, 640

16, 818
19, 751
18, 356
19, 167

3,192
3,227
2,416
3,363

19, 245
20,445'
17, 327
17, 179

1,850
1,768
1,946
2,257

34, 364
26, 858
24, 924
26, 189

52, 856
41, 587
51, 489
61, 379

113, 209
92, 962
105, 007
119, 216

273,
228,
228,
256,

34, 775
35, 302
42,907
37,154

55, 813
47, 976
45, 037
36, 990

83, 488
81,304
83, 288
, 70, 600

24,496
23, 992
19, 592
16, 736

78,928
81,688
87, 344
73, 240

13, 327
13, 548
15,8*0
12, 457

2,370
2,170
2,373
2,773

20, 076
15, 658
18, 652
19, 788

3,503
3,713
3,813
4,362

8,391
6,167
5,907
16, 695

49, 556
37,606
22, 831
20, 373

51, 279
49, 322
50, 137
57, 080

222, 857
199, 896
171, 197
154, 244

8 34, 135

8 31, 432

68,032
68, 240

19, 792
18, 864

64, 720
52, 736

11, 307
11, 689

2, 452
2,962

20, 656
20,946

3,378
3,075

34, 379
42, 146

26, 761
35, 402

106, 424
126, 622

161,970
210, 059

721
614
673
482

i
j

!
1

I

Combined figures representing average shipments and unfilled orders per firm from reports of 50 identical firms of the National Association of Chair Manufacturers,
from2 42 to 58 firms of the Southern Furniture Manufacturers' Association, and about 100 firms of the National Alliance of Case Goods Association.
Compiled by the National Association of Piano Bench and Stool Manufacturers from concerns estimated to cover about 80 per cent of this industry. Reports are from
14 firms in July, 1917, gradually decreasing until only 8 firms reported in 1923 and 1924. The figures are strictly comparable, however, as the 6 firms which ceased reporting,
went3 out of this line-of business. Monthly data from 1917 to 1923, appeared in the June, 1924, issue (No. 34), p. 57.
Compiled by the Prepared Roofing Manufacturers' Association, prorated to 100 per cent of the industry, from re-ports received from 60 to 90 per cent of the total machine..
activity, comprising all types of asphalt saturated roll roofing whether surfaced or not and all types of asphalt shingles. Monthly data back to 1919 appeared in the September,
1923, issue (No. 25) page 55.
4
Compiled by the Felt Manufacturers' Association, including reports from 16 identical mills.
*6 A roof square is equivalent to 100 square feet of covering as measured on the roof.
Represents reports from 11 mills.
? Represent the receipts and stocks at Jacksonville, Savannah, and Pensacola as reported by the Savannah Board of Trade, Jacksonville Chamber of Commerce, Pensa-cola Chamber of Commerce, and the Naval Stores Review. Monthly averages for 1914 and 1915 are based on the season beginning April 1 of the year indicated and thereafter
on the calendar year. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 49.
s Average of two associations only.




69

Table 41.—ENAMELED SANITARY WARE
BATHS

YEAR AND MONTH

Orders
shipped

Stocks

LAVATORIES

Orders Unfilled
received orders

Orders
shipped

Stocks

SINKS

Orders
received

Orders
shipped

Stocks

MISCELLANEOUS

Orders
received

Orders
shipped

Stocks

Orders
received

77, 034

25, 427

TOTAL
SMALL
WARES
Unfilled
orders

Number

1913 mo.
1914 mo.
1915 mo.
191G mo.
1917 mo.
1918 mo.

av
av_
av
av
av
av__

39, 831
42, 450
46,977
51, 181
33, 172
19, 495

60, 530

34,608
51, 441
41, 510
74, 814
90, 396
95, 629

January
February
March . .
April

May

34, 322

63,428
67, 789
70, 626
74, 293
48, 419
83.097

145, 329

35, 089

31, 555
34, 655
29,367
40, 887
22,201
23,405

339, 751
43, 302
109, 318
79, 507
66, 408
143, 788

73,612
63, 438
56, 315
117,222
121, 891
105, 170

64, 584
60, 231
66, 458
95, 327
114,146
120, 381

125,814
66,333
111, 764
93, 336
69,188
154, 896

88, 018
57, 502
64,577
124, 179
127, 919
113, 697

28, 383
31, 062
33, 640
45, 531
57, 913
70, 658

79, 869
47, 410
89, 394
68,400
51, 260
111, 138

41,900
27,691
31, 803 3 129, 261
60,933 406, 291
63,290 913, 480
64, 379 480, 920

99, 058
89, 684
110, 656
98, 396

66, 417
61, 676
55, 643
54,982

181, 707
164,450
157, 961
143, 344

121, 894
103, 571
118, 822
103, 705

63,797
62,828
65, 465
64,093

204, 931
175, 262
156,906
138, 479

65,844
47, 161
58, 621
54, 180

60,466
52,290
56, 909
55, 526

97,798 849, 094
78, 211 1,021,260
72, 110 1,089,783
65, 228 1,135,863

296, 497
286, 888
245, 568
248, 844

109, 759
100, 672
99,903
123, 402

44, 391
45, 978
47, 763
47, 599

102, 677
77, 782
80, 649
102, 730

110, 013
107, 087
104, 053
116, 916

51, 810
47,539
48, 715
62, 718

107, 050
76, 582
80, 430
103, 543

57, 866
59,204
52,946
62,093

49, 984
47, 777
47, 642
49,489

62,288 1,099,460
44, 998 1,038,045
49, 745 931, 910
54,486 828, 658

75, 795
106, 780
86, 634
98, 916

201, 180
193, 805
190, 019
203, 329

113,802
147, 648
121, 741
111, 029

46,549
52, 110
69, 412
84, 373

91,523
131, 849
108, 631
119, 387

107, 109
141, 407
117, 222
117, 955

60,912
57, 963
67, 265
87, 147

93, 932
141, 702
120, 486
135,726

54, 217
67, 492
61, 388
63, 944

43,422
52, 529
47,294
61, 786

46, 434
62,824
63,824
61,533

777, 105
753, 386
724, 576
712, 620

52, 924
60, 462
63, 415
65, 299

114, 203
147, 511
130, 375
97,606

216, 295
235,279
245, 921
239, 118

129,988
131, 921
149, 302
128, 002

103, 252
111, 044
118, 781
125, 695

137, 084
158, 696
144, 384
104, 210

137,624
137, 523
157, 799
130, 247

97, 366
97,962
100, 410
102, 458

159, 541
164, 877
162, 184
110, 813

74,484
75, 537
88, 371
79,249

63,964
60,095
77, 359
81, 531

87, 425
105, 168
81, 839
61, 032

735, 131
790, 983
822, 176
728, 122

101, 146
84, 665
97, 376
103, 232

64,399
65, 093
67, 848
63,213

74, 494
72, 978
93, 163
90,955

214, 309
181, 907
169, 394
154, 659

110, 697
97, 963
93, 068
104, 308

134, 088
140, 810
164, 702
149, 974

72, 441
78, 185
73, 890
97, 466

126, 627
112, 062
110, 070
115, 767

116, 826
129, 862
155, 483
164, 632

79,864
83, 507
89, 930
102, 855

78,100
69, 186
67, 622
70, 832

94, 819
106, 031
105, 321
114, 550

48, 571
52, 917
45, 332
59,308

579, 854
458, 182
395, 697
339, 022

104, 622
93, 878
75, 075
73, 724

68, 373
88, 980
90, 112
104, 301

88,913
77, 361
77, 068
109, 263

131, 904
79, 444
64, 876
89, 402

103, 002
105, 497
85, 790
83, 861

147, 318
161, 474
171, 999
196, 324

93, 358
93, 415
82, 765
126, 148

110, 666
114, 710
91, 625
99, 857

197,932
215, 939
228, 438
251, 448

92,604
95, 717
91, 340
131, 127

75,312
71, 508
50,716
46,983

132, 121
158, 351
151, 675
187, 812

62, 581
55, 261
48, 674
64,444

286, 783
206; 332
174, 127
254, 625

January
February
March
April

93, 938
93, 380
105, 905
107, 766

105, 056
121,490
122, 999
123, 269

120, 358
99, 986
109, 365
109, 670

108, 572
115, 236
114, 759
109, 136

123, 533
123, 085
121, 936
123, 240

184, 765
203, 625
225, 497
228, 532

145, 279
123, 224
124, 281
121, 722

127, 289
121, 519
125, 667
135, 767

252,258
276, 333
306, 220
306, 477

146, 696
120, 544
116, 985
127, 228

72, 316
65,032
71,203
75, 089

174, 290
188, 348
191, 104
196, 755

70, 132
50,284
54, 075
51, 328

295, 400
299, 254
280, 734
265, 885

May

112, 457
118, 448

119, 104
101, 925

121, 659
128, 989

110, 318
111, 797

122, 322
130, 691

232, 811
227, 018

128, 450
136, 931

130, 094
132, 243

286, 317
279, 287

135, 473
133, 757

75, 110
64, 232

180, 079
179, 127

59, 526
62,486

251, 820
252, 991

21, 514

47, 754
49, 527
55 769
65, 230
44, 888
32, 697

132, 369

42, 175
20, 951
75,324
41, 768
35, 439
71, 193

69, 872
36, 774
40, 911
93,033
97, 316
97, 824

» 40, 816
137, 628
253, 957
168, 542

45,768
51,438
68, 169
91, 512
110, 479
110, 283

92,500
88,912
97, 718
87, 992

42,881
41, 980
43, 222
35, 529

147, 505
135, 031
122, 567
105, 487

250, 369
301, 911
310, 740
318, 329

93, 583
78, 954
81, 082
90, 721

33, 866
29, 462
27, 107
30, 110

77, 686
67,404
67, 770
76, 221

September
October
November. __ „
December

87, 376
113, 718
91, 128
81,069

29,782
30, 429
37,342
43, 557

^1934
January ._
February
March
April

95, 562
98,568
116, 717
102, 984

June
July
August
September
October.. . ..
November..
December

lj>19 mo. a v _ _

1920 mo. av
1921 ino. av
1922 mo. av
1923 mo. av__
1924 mo. av

-

1923

. .

June
July
August

May

1935

June
July

1 Monthly production data beginning January, 1922, represent complete production, including total membership of the Enameled Sanitary Ware Manufacturers' Association and reports to the Bureau of the Census from outside manufacturers, except that a few small firms were not able to furnish complete reports prior to January, 1924;
data now include 21 manufacturers. Data prior to 1922 are totals of the association reports representing about 98 per cent of the industry, and may be found in the May,
1922, issue (No. 9), p. 81.
2 Small ware includes lavatories, sinks, and miscellaneous.
^Average of 8 months, May to December, inclusive.




70

Table 42;—FM!E AND HFEA€T0R¥ BRICK
SILICA BRICK »

CLAY FIBE BRICK i

Produc-

YEAR AND MONTH

tion

Shipments Stocks

New
orders

Unfilled
orders

Production

FACE BRICK 3

UnShipNew
filled
ments Stocks orders orders

Produe*
tion

Finished
Unstocks filled
at
orders
yards

Shipmeats

Thousands of bricks

1919 monthly
1920 monthly
1921 monthly
1922 monthly
1923 monthly
1924 monthly

average
average
_ .
average
average .
average
average

46, 512
60, 325
55, 134

50, 635
62, 460
29, 114
45, 360
57, 895
52,153

138, 779
129,242
136,96-7
152, 629
168,423
226,043

51, 460
61,808
22,958
49, 082
56,996
52, 840

93,081
182, 535
35,976
54, 824
85, 062
68, 823

14,060
14, 882
5,246
11, 096
13, 015
14, 104

14,016
15,579
4,865
10, 521
13, 322
14, 937

41, 762
42, 912
41, 563
38, 287
42,882
40,344

13, 458
14, 381
3,538
10,864
13, 214
15, 599

40,984
55,016
12,283
17, 398
36,802
22,924

15,647
18, 362
16,38$
22,460
22,987
24,039

34,010
53,269
61,983
60,655
60, 141
58, 189

27,525
48,430 < 13, 967
17, 489 13, 328
33, 257 20, 202
46, 518 21, 351
21, 505
35,914

64, 837
56, 094
66, 494
64, 660

57,631
53, 323
70,591
65, 253

163, 945
163, 392
159, 183
157, 657

64, 878
67, 153
99,340
66, 778

75, 527
88, 736
118,319
120, 604

14, 304
14, 541
16, 780
13, 977

14, 279
14, 417
17,790
14, 362

46,167
45, 504
44, 483
42, 251

18, 690
22, 134
36,407
10, 340

27, 990
34, 959
53, 576
52, 751

20,149
16, 012
23, 004
23, 515

64, 877
70, 751
73,756
65, 447

41, 087

67, 215
60, 074
62, 247

66, 296
60,319
57,575
59,474

158,867
162, 398
166, 526
169, 318

53, 058
46, 223
47,623
50, 630

107, 381
93, 285
84, 271
70, 534

16, 679
15, 257
14, 497
12, 398

18,004
16,044
14, 578
12, 261

42,304
41, 517
41, 437
41,574

11, 55612, 455
9,432
7,938

45, 852
42, 265
37, 240
32, 917

26, 057
24, 640
25,494
26, 786

60, 939
58, 875
67, 787
60, 197

55, 826
61, 225
54,' 498
46, 878

50,723
56, 501
48, 902
48, 151

173,531
178, 864
184,389
183, 007

48, 455
47, 972
44, 681
47, 158

73, 244
64, 364
60, 372
59, 107

9,962
12, 130
9,665
5,989

9,890 * 41, 715
42, 607
11, 239
8,514
43, 757
41, 261
8,486

8,590
8,564
8,398
4,067

31, 686
29, Oil
28,895
24,477

56,347
59,511
65, 794
62, 708

54,111
57, 594
58, 619
57,204

198, 315
201, 755
212, 551
216,710

66, 080
67, 616
59, 122
56, 095

69, 833
79, 600
77, 878
81, 237

13, 400
17, 355
22,489
17, 180

15, 391
18, 247
22,011
17,658

42, 298
41, 407
44,093
43, 615

24, 812
22, 484
18,340
14, 010

28, 732
33,242
33, 229
29,681

17, 366
19,284
21,066
26,373

61, 575
67,997
62, 240
58, 462

58, 900
50, 734
45, 199
47, 701

54,027
45, 015
44, 510
48,027

221, 583
277, 233
227, 954
228,624

43, 728
37, 101
44, 990
46, 525

70,938
62, 920
80, 334
62,265

14, 346
9, 613
11, 555
12, 336

13, 751
10, 475
12, 720
14,567

44, 211
43, 349
42,184
39,953

7,568
9,518
8,683
10, 177

23, 495
22, 539
18, 501
14,111

27, 954
25, 947
25, 605
27, 616

48, 480
57, 924
51, 830
56,485

50,657'
54, 016
48, 403
53, 657

226, 136
230, 369
234, 835
236, 451

47, 496
50,582
51, 865
62, 874

58, 867
55, 598
58, 581
67,823

9, 705
11,025
12, 679
17,568

12, 287
14, 255
11, 830
16,046.

37,370
34, 140
34, 990
36, 512

9,352
13, 742
19, 017
29, 483

11, 756
10, 663
17, 851
31, 287

53, 218
56, 081
60,334

58, 918
53, 539
60, 658

229, 234
232, 503
231, 054

59, 916
53, 654
57, 440

67, 631
68, 864
67, 252

24, 852
22, 476
26, 151

23, 418
21,053
27, 393

52,083
53, 506
50, 672

16,766
15, 096
17, 587

40, 999
35, 042
29,295

50,750
60,725
32,029

1923
January
February
March
April

._ ._ __ .
.

May

_.

June
July
August

63,848

- _. _
*

September ,
October _ .
November...
December

-

« 21, 862 « 45, 463
25, 805
47, 861
21, 575
49, 303
20, 939
56,436

51,296

62, 139
67,371

57, 363
54, 128
51, 826
46,252
40,134

31, 979
29,002
25,641

19,087
13, 660
22, 384
26,423
29,421
24,563
23,767
24,334
19, 439
22, 646
17,836
12,650

1924
January i
February. _
March
April.

.

_.
. . _.

May
June
July
August

_

September
October
November
December

.....

.

33, 592
50,086

11, 231
15,363
24,367
28,482

52, 398
50,895
51,503
55,081

46, 426
43, 653
31, 334
37, 588

29,760
25,21*
20,527
2&,15&

24, 825
26, 896
22, 637
22,893

53, 316
55, 002
58, 304
71, 498

29, 210
28, 398

23,624
22, 979
18,137
12,225

17, 910
13, 656
19, 444
23,237

68, 566
69, 193
65, 687
57,033

23, 889
39,438

8,653
13, 977
22,159
29,707

27,890
25,091

55, 498
60, 798

40, 692
39, 115

27, 605
28,784

40,524

44, 872

22,791
22,499

1935
January
February.. .
March
April

May

. _

...

_

June
July
August
September
October
November
December

30,318

35, 030

„

.'
1

Figures for 1921 are from reports to the Refractories Manufacturers' Association of 68 identical mills with a monthly capacity of 78,645,942 bricks, which is estimated by
the association to represent from 68 to 70 per cent of the total clay fire brick capacity of the United States. Figures for 1919, 1920, and 1922 are computed to this capacity,
respectively,
from reports from 53, 56, and 60 mills haying a monthly capacity for the years in question of 71,572,186 and 73,526,103, and 73,307,190 bricks.
2
Figures for 1921 are from reports to the Refractories Manufacturers' A ssociation of 15 identical mills with a monthly capacity of 27,305,500 bricks, which is estimated by
the association to represent from 78 to SO per cent of the total silica brick producing capacity of the United States. Figures for earlier years are computed to this capacity
from3 reports of 12 identical mills with a monthly capacity of 25,448,833 bricks.
The figures are from 32 identical firms reporting to the American Face Brick Association each month. Comparable monthly data for the months of 1919 to 1922 ara
shown
in the April, 1923, issue (No. 20), page 53.
4
Ten
months' average, March to December, inclusive.
8
Prior to September, 1923, production figures included common and culls not infrequently burned in the face-brick kilns and since September> 1923, data represent
finished face brick drawn from kiln; however, it is estimated that the difference in the methods of reporting has no serious effect on the comparability of the data. For
stocks, data prior to September included the yard or shed inventory plus the estimate of the number of formed brick in the kilns which would turn out to be face brick,
while since September data on stocks represent the inventory of finished face brick on yards. From September forward data on stocks are not directly comparable.witti
those given for preceding months.




.71
Table 43.—BRIGE, TILE, AND TIKRA COTTA

YEAR AND MONTH

Plants closed
down

Firms reporting

COMMON BRICK i
Stocks, end of
month
UnBurned burned

Shipments

FLOOR AND WALL TILE »
Wholesale
Unfitted price,*
comorders mon
red,
N. Y.

Production

Dels,
per
thous.

Thousands of bricks

Number

Average
price 8
Stocks,
end
Ceof
Quan<- Value month
ramic White
wall
tlty
motile
saic

Shipments

Thous. of
sq. ft.

Thous. Thous.
of dols. of sq. ft

Dolls, per
sq. ft.

ARCHITECTURAL
TERR A- COTTA
BOOKINGS »
Quantity

Value

Short
tons

Dollars

*

1919 monthly average
1920 monthly average _
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

5,252
5,629
5,930
10, 524
11, 306
11, 470

$652
895
743
1,163
1,348
1,235

129, 573
231, 063
344, 580
281, 735

$15. 96
21.85
15. 25
17 36
19.81
17.04

33, 669
43, 327
59, 474
85, 904

403, 691
395,447
342, 719
330, 712

20.00
20.30
21.00
20.39

9,432
10, 775
8, 057
10, 630

1,271
1,343
1,024
1,293

307, 633
308, 922
334, 381
313,696

143, 641
129, 310
80,643
55,646

132, 538
66,199

356, 429
293, 177
276, 124
266, 914

20.00
19.00
18.00
19.00 •

8,604
9,112
10, 233
12,990

1,057
1,029
1,143
1,385

45
26
15
8

308, 503
282, 813
250, 118
238, 703

38, 349
39, 695
46,226
58, 972

45, 762
104, 663
142, 197
169, 855

272, 403
263, 219
335, 926
382, 778

20.00
20.00
20.00
20.00

4,712
4,689
4,983
4,447

3,637
3,500
3,961
4,064

1,197
1,087
1,182
1,301

6,510
7,022
7, 605
7,845

.24
.24
.24
.24

.40
.40
.40
.40

16, 240
13, 227
12, 022
13, Oil

1,562
1,468
1,317
1,570

98
101
99
92

6
7
12
13

223, 458
258j 474
231, 182
261,800

70, 862
72,725
86, 722
68, 138

163,298
158, 753
149, 622
120,777

394, 156
368, 098
314, 588
256, 017

20.00
20,00
16.00
13.50

3,845
3,893
4,200
3,862

3., 514
3,777
3,635
3,913

1,216
1,324
1,249
1,322

7,846
7,834
7,616
7,398

.24
.24
.24
.24

.40
.40
.40
.40

10, 171
10, 807
13, 745
8,685

1,230
1,128
1,476
966

92
111
93
117

22
18
24
48

272, 172
312, 061
319, 585
354,477

61, 150
44, 543
49,596
51, 162

111,846
135,806
126, 945
118, 759

226,529
186,977
179, 225
202, 906

14.00
14.00
13.50
13.50

4,090
4,404
3,882
3,810

3,770
4,047
3,289
3,042

1,308
1,462
1,170
1,134

7,533
1,821
7,910
8,964

.24
.24
.24
.24

.40
.40
.40
.40

11, 115
8,969
9,974
9,678

1,145
904
1,064
985

90
114
116
118

31
26
16
6

279, 862
305,831
287, 806
281, 858

23, 951
34,891
43, 446
71, 266

94, 185
110, 790
170, 697
206, 551

201,479
247, 176
329, 673
339, 629

14.50
14.50
13.50
13.50

3,606
3,708
4,014
3,868

3,031
3,270
3,891
4,274

1,085
1,162
1,357
1,503

9,090
9, 358
9,506
9,071

.24
.24
.24
.24

.40
.40
.40
.40

12,637
10, 675
13, 683
17, 279

1, 389
1, 229
1,543 "
1,999

122
105

9
5

239, 389
225, 451

67, 480
82, 987

180, 851
173, 215

333, 967
326,228

15.00
15.50

4,162
4,424

4,315
4,533

1,544
1,613

8,304
7,223

.24
.24

.40
.40

9,912
14, 242

1,220
1,706

113
96
110
104

57
23
20
20

251, 949
187, 856
224, 962
275, 946

6 46, 687
64, 918
56, 757

May
June
July
August

91
93
93
107

6
6
1
5

137, 520
153, 487
179, 574
250, 176

September
October
November

132
133
126
120

20
26
39
30

1934
January
February..
March
.
A pril

114
106
113
108

May
.
June
July
August- ..

129, 024

4,235

3,679

1,246

7, 659

$0.24

$0.40

1933

„

.

September
October
November
December

1&25
January .
February
March
April
May
June
July.
August

..

_...

September
October
November
December
1
Data, except prices, compiled by the Common Brick Manufacturers' Association of America from reports of concerns re presenting about 30 per cent of the total output
of common brick. It should be noticed that the number of plants shut down increases considerably in the winter, owing to seasonal shutdowns in the more northern localities.
Details by districts are given in the association's reports. Monthly data from 1921 appeared in May, 1925, issue (No. 45), p. 27.
2
Compiled by the U. S> Department of Commerce, Bureau of the Census, from data reported by 37 concerns who produced about 80 per cent of the total production of
floor3 and wall tile in 1923, including the entire membership of the Associated Tile Manufacturers. Details by grades and kinds are issued each month in mimeograph form.
Bookings of architectural terra cotta are compiled by tho U. S. Department of Commerce, Bureau of the Census, from the reports of 26 identical manufacturers who produced about 95 per cent of the total architectural terra cotta made in 1922. Values exclude freight, cartage, duty, and setting charges. Monthly data from 1919 are given
in the
October, 1924, issue (No. 38), p. 52.
4
Wholesale prices are monthly averages from U. S. Devartment of Labor. Bureau of Labor Statistics, yearly price averages from 1913 to 1918 appeared in the November.
1924, issue (No. 39), p. 101.
* Eleven months' average, February to December, inclusive.




72

Table 44.—CEMENT, HIGHWAYS, AND PAVING BRICK
CONCRETE FEDERAL AID
PAVEMENTS HIGHWAYS
UNDER CONCONTRACTED
STRUCTION
FOR 2
(end of month) 3

PORTLAND CEMENT 1

YEAR AND MONTH

Wholesale
price, net,
without bags
Stocks,
Ship- end of
Production ments month Chi- Lehigh Total Roads
cago Valiey
dist. mills
Thousands of barrels

Per barrel

Estimated
cost

Thous.
Thous.ofsq.yds. of
dolls.

PAVING BRICK «

Per
Can- Unfilled
cent
ProShip- Stocks,
DisOrders cellaorders, of
end of received
catance duction ments month
end of pacity
tions month
(No. 1
and
No. 2
brick)
Mites
Thousands of bricks, No«l quality

1913
1914
1915
1916
1917
1918

monthly
monthly
monthly
monthly
monthly
monthly

av_._
av___
av___
av_._
av.__
av...

7,675
7,353
7,146
7,589
7,721
6,891

7,391
7,203
7,219
7,852
7,542
5,894

11, 220
12, 773
11,312
11, 054
11, 080
9,386

$1. Oil
.89
.95
1.19
1.53
1.67

$0.89
.89
.79
1.03
1.40
1.75

1919
1920
1921
1922
1923
1924

monthly
monthly
monthly
monthly
monthly
monthly

av.._ 6, -700
av___ 8,306
av... 8,191
av... 9,489
av... 11,448
av... 12, 405

7,167
7,999
7,921
9,714
11, 324
12, 146

9,809
7,278
10, 161
9,572
9,258
13, 161

1.66
1.80
1.54
1.61
1.72
1.74

1.74
2.05
1.85
1.73
1.88
1.75

4,455
3,264
4,686
6,595
6,580
7,679

8 3, 435
2,454
3,662
4,863
4,245
4,842

$274, 024
301, 883

14, 529
14,638

e 31, 495 6 27, 123 7 78, 929 6 24, 699 6 2, 207
24, 620
20,957
99, 588
21, 485
1,957

i 86, 763
71, 115

680
70

1933
January
February
....
March
April

7,990
8,210
9,880
11, 359

5,628
6,090
10, 326
12, 954

11,477
13, 596
13, 045
11, 463

1.60
1.75
1.75
1.75

1.90
1.90
1.90
1.90

2,956
6,272
5,684
7,370

2,140
4,725
3,737
4,550

247, 519
255, 408
258/546
261, 483

13,502
13,954
14, 010
14, 014

33,315

23, 397

70, 252
80, 170

24, 522

1,028

91, 752
.91, 849

87

May
June
July
August

12, 910
12, 382
12, 620
12, 967

14, 257
13, 307
13, 712
14, 971

10, 144
9,168
8,081
6,080

1.75
1.75
1.75
1.75

1.90
1.90
1.90
1.90

9,431
7,675
6,407
8,780

6,997
5,373
3, 242
6,606

267, 874
274, 080
275, 827
283, 666

14, 238
14, 772
14, 779
14,967

34, 382
31, 105
30, 529
33, 547

26,209
27,251
27,092
36,446

77, 662
80, 324
78, 835
74, 399

34, 475
36, 078
23, 688
25, 586

2,158
574
5,340
3,076

90,644
110,120
100, 444
102, 183

84
81
81
88

September
October
November
December

13, 109
13,350
12, 603
9,997

13, 698
14, 285
10, 251
6,408

5,533
4,612
6,991
10,900

1.75
1.75
1.67
1.65

1.90
1.90
1.78
1.75

6,828
7,486
5,356
4,713

4,537
4,191
3,287
3,550

294,943
298,050
290, 387
280, 50-1

15, 433
15, 318
14, 934
14,429

34,457
34,317
28,212
23,592

34, 761
34, 287
21, 689
12,979

86, 530
76, 613
77,570
86,930

28, 501
23, 173
12, 601
13, 671

3,887
807
812
2,179

91,048
64, 531
64, 435
60, 624

79
86
74
60

1934
January
February..
March
April

8,788
8,588
10, 370
11, 726

5,210
5,933
8,995
12, 771

14, 155
16, 815
18, 189
17, 159

1.72
1.75
1.75
1.75

1.75
1.75
1.75
1.75

4,013
4,562
8,009
10,196

2,613
3,421
6,798
7,004

274, 173
76, 963
277, 802
286, 814

13, 923
13,800
13, 767
13, 926

19,664
19, 571
21, 656
22,750

9,491
6,442
10,989
15, 827

91, 737
102, 498
117,451
122,123

6,834
11, 136
33, 739
20,847

1,164
110
88
665

51, 419
55, 482
78,347
83,184

46
50
50
57

May
June
July
August

13,777
13, 538
14, 029
35,128

14, 551
15, 036
16, 614
16, 855

16,403
14,903
12, 319
10, 666

1.75
1.75
1.75
1.75

1.75
1.75
1.75
1.75

12,500
8,948
10,025
10,286

8,527
4,939
6,214
6,010

302,683
325, 181
333, 979
337, 398

14, 558
15, 350
15,704
15, 694

26,569
24,998
31, 452
26, 569

24, 507
27, 786
31,300
32,400

122, 303
111, 637
110, 286
97, 407

46, 147
23, 240
28, 747
21, 454

444
1,304
2,855
594

100, 242
99, 314
92, 237
76, 867

69
68
81
74

September
...
October
November .. .
December

14, 519
14, 820
13, 141
10, 435

16, 827
17, 160
10, 289
5,506

8,404
6,073
8,928
13, 913

1.76
1.75
1.75
1.68

1.75
1.75
1.75
1.75

6,839
6,806
3,000
6,958

3,818
3,211
1,891
4,661

344, 905
333, 121
311, 178
285, 460

15, 712
15, 538
14,390
13, 287

25, 833
26, 294
27, 078
23,000

31, 563
29, 142
22, 833
9,207

86, 875
73,604
73,846
85,283

27, 070
16,535
10, 839
11, 235

1,536
924
1,620
176

74,089
69, 496
45, 840
44,059

88
91
89
75

1935
January..
February
March
April

8,856
8,255
11,034
13, 807

5,162
6,015
10, 279
14, 394

17,656
19,689
20, 469
19, 877

1.74
1.75
1.75
1.75

1.75
1.75
1.75
1.75

4,513
5,047
8,502
17, 363

3,474
3,787
6,772
12,463

269, 757
261, 132
264, 625
261, 712

12, 759
12, 344
12,389
12, 2-31

25,266
20, 841
27,404
28, 444

4,198
5,613
12,271
18, 738

111, 666
117,776,
135, 435
139, 223

5,751
6,932
23, 188
21, 921

40
21
712
1,627

51, 572
49, 692
64,091
68, 63€

62
62
78
81

15,503
15, 387

16, 735
17, 501

18, 440
16, 326

1.75
1.75
1.75

1.75
1.75
1.75

12, 286
10, 222
12, 044

7,724
5,981
6,362

280, 358
284,483

12, 583
13,356

32, 177
30, 731

25, 690
31,973

131, 689
126, 038

41,391
31, 125

1, 969
1,014

82, 101
82,239

86
82

May..-*
June
.....
July

....
.

Depart
sons^'wiirbe'found
in^the^eptemberTiSS, issue (No725)^ p. 47." Monthly price data from 1913 appealed in December, 1923, issue (No. 28), p. 54.
2
Concrete pavements contracted for are from the Portland Cement Association, Highway Bureau. The total contracts include streets and alleys besides roads.
» Data on amount of Federal aid highways under construction at the end of month specified are compiled by the U. S. Department of Agriculture, Bureau of Public
Jloads, and include all kinds of improved roads built with Federal aid.
« Compiled from reports of the Po0m<7 .Bricfc Manufacturers' Association, covering from 24 to 29 companies each month, stated to represent from 66 to 71 per cent of the
industry further details as to size, quality, and geographical distribution may be obtained from the regular reports of the association.
•' Of the numerical 1919 monthly average, 3,221,000 yards was actually reported. The remainder is the prorated portion of a total of 3,338,309 yards for the year of pave*
ment less than 6 inches thick not allocated by class of pavement. This has been prorated to roads on the basis of the roads' share of allocated contracts.
« Nine months' average April to December, inclusive.
» Ten months' average, March to December, inclusive.



73

Table 45.—CHEMICALS AND EXPLOSIVES
[Index numbers for base year In boldfaced type]
CHEMICALS

Wholesale prices

EXPLOSIVES i

Imports (

Exports «

Drugs
Dyes and dyestuffs
and
Oils
SulTotal
phar- EssenCrude2 ChemSulphurNitrate
3
tial
and
fertilphuric Potash of soda
ina- oils 2 drugs icals
ic acid
acid
«
fats
3
Vegeizer
eeutltable Coal tar
cals 2

YEAR AND
MONTH

Index numbers relative
to Aug., 1914

Kelative to
1913-14 e

Dollars
per 100
pounds

Long
tons

Pounds

Long tons

Production

Shipments

Sales

Stocks,
end of
month

Thousands of pounds
1

1909-13 mo. av
1913 mo. av
1914 mo. av
100
1915 mo. av. _.
1916 mo. av
1917 mo. av
i

$1.00
1.00
1.30
2.00
1.70

21, 124
22, 291
17, 611
6,305
978
802

43, 177
52, 155
45, 143
64, 349
101, 535
128, 601

613, 692
807, 417
1, 098, 015
6, 476, 002
5, 538, 625
5, 293, 426

103, 391
119, 938
85, 639
30, 647
32 747
28, 627

1,564
5,230
14, 880
8,739
20, 103
19, 205
19, 088

153, 766
33, 955
110, 160
30, 767
45, 039
74, 084
83, 053

6, 691, 220
1, 774, 627
2, 415, 922
1, 067, 934
1, 039, 208
686, 158
939, 306

436, 684
354, 407
264, 467

693, 684
1,493,711
1, 309, 424

18, 713
54 509
117,994 II
74,620
77, 973
30,756
36, 762
91, 371
89, 216
33, 740

31, 080
36, 542
34, 340

28, 926
35, 174
32, 726

16, 316
18, 758
17, 067

906, 330
386, 573
797, 102
1, 619, 840

292, 347
475, 223
306, 477
178, 614

1, 830, 068
1, 002, 592
2, 915, 531
1,008,878

104, 641
117, 465
119, 423
95, 326

40, 991
34, 378
33, 247
37, 870

38, 551
36,286
32, 685
39, 324

37, 331
34, 123
31, 806
36, 765

20, 703
18, 660
19, 378
18, 139

832
297
401
665

292, 928
355, 239
171, 739
190, 943

1, 514, 228
1, 543, 869
1, 390, 927
1, 261, 631

130, 419
63, 789
85, 133
51, 408

34, 663
37,688
33, 800
31, 133

34, 453
37, 124
33, 683
30, 725

33, 429
35, 746
32, 914
29, 093

18, 375
18, 694
18, 810
19, 290

569, 897
848, 933
C02, 817
1, 024, 042

165, 353
459,306
199,300
232, 291

1,432,721
1, 739, 400
1, 244, 264
1, 014, 824

85,200
86, 942
73, 093
93, 828

32, 235
35, 081
34,355
33, 858

34, 026
35, 349
33, 408
33, 674

33, 467
32, 540
32, 368
31, 398

17, 088
16, 697
16, 697
17, 299

100

100

201
196
129
120
142
155

213
265
158
131
135
140

185
202
134
174
220
208

125
114

142
139

1.60
1.00
1.12
.91
.76
.73
.71

132
140
143
142

137
139
141
136

244
231
219
208

127
126
124
124

153
145
136
129

.75
.75
.75
.75

10, 005
17, 975
19, 303
20, 496

107, 329
25, 204
58, 196
56, 637

September
October _
November
December

158
158
155
149

133
135
139
144

206
206
206
205

123
124
122
122

136
138
138
140

.75
.75
.75
.75

13, 828
22, 446
14,506
24, 322

51, 543
56, 788
30, 456
87, 780

1924
January
February
March.
April

150
153
155
158

141
137
139
141

190
180
180
208

120
121
116
116

138
132
128
128

.75 •
.73
.70
.70

25, 878
24,929
22, 618
10, 727

159, 275
149, 603
115, 919
73, 219

May
June
July
August .

156
153
151
153

137
136
133
134

230
219
207
206

114
113
111
110

126
126
136
149

.70
.70
.70
.70

9,608
5,405
10, 266
9,482

73,541 j 1, 884, 807
957, 357
37,440
50,400
640, 967
61,798
851, 858

268, 145
165, 843
344, 609
230, 995

750, 815
1, 288, 177
1, 818, 873
2, 083, 628

126, 271
70, 486
98, 503
87, 707

30, 179
30, 817
31, 097
33, 890

31, 043
32, 842
36, 199
34, 235

31, 561
31,586
30, 765
33, 609

17, 744
15, 730
16, 399
16, 101

September
October __
November
December.. ..

157
156
157
155

142
142
148
153

210
212
222
231

111
110
112
112

143
147
151
158

.70
.70
.70
.70

19, 438
30, 525
27, 867
32, 316

68,017 1, 252, 439
70,454 |
848, 686
65, 664
841, 524
59, 300
948, 326

187, 401
355, 104
224, 963
340, 294

970, 880
1, 079, 935
1, 267, 978
1, 021, 596

76, 457
102, 371
78, 366 i
91, 371

37, 158
41, 030
33, 973
31, 208

37, 062
39, 236
33,59-1
31, 411

35, 777
36, 554
32, 513
30, 569

16, 314
18, 194
18, 355
18, 181

1925
January
February
March
April

154
155
156
156

154
159
158
154

222
219
204
197

113
114
113
113

157
148
161
154

.70
.70
.70
.70

23, 240
28, 173
27, 062
20, 532

89, 858
95, 109
197, 359
155, 163

1, 017, 060
940, 108
712, 571
891, 340

201, 175
216, 247
429, 901
287, 184

2, 006, 681
2, 067, 046
1, 990, 398
2, 172, 425

65, 989
78, 058
94, 450
86,201

33, 479
36, 527
34, 211
33, 504

35, 296
34, 074
33, 354
33, 727

34, 541
31, 675
31, 269
33, 451

16, 480
18, 976
20, 358
19, 501

155
156

151
161

192
191

113
112

153
154

.70
.70
.70

7,757
13, 803

135, 169
59, 016

669, 293
660, 490

322, 420
291,014

2, 076, 516
2, 127, 507

123,813
94, 805

32, 718

33, 769

32, 165

18, 272

1918
1919
1920
1921
1922
1923
1924

mo
mo.
mo.
mo.
mo.
mo.
mo.

av
av
av
av
av
av
av

1933
May _ _
June
July
August

_-

May
June
July
August

1OO

100

i
I

September
October
November
December

!
i

1

810,
356,
531,
359.

i

Compiled by the U. S. Department of Commerce, Bureau of Mines, from reports from 24 companies. Data do not include reports of manufacturers of ammunition
and fireworks, nor production of nitroglycerin, except in so far as nitroglycerin is used in the manufacture of other explosives. Detailed data by classes from 1922 appeared
in November,
1924, issue (No. 39), page 107.
2
Compiled by the Oil, Paint, and Drug Reporter from weekly wholesale quotations of 40 crude botanical drugs, 20 essential oils, and 35 drugs and pharmaceutical chemicals,3 respectively.
The chemical price indexes from Chemical and Metallurgical Engineering include quotations on 25 chemicals and 15 oils and fats selected on the basis of their importance
as representing both qualitatively and quantitatively the principal branches of the chemical industry. These prices are weighted on the basis of total production plus total
imports in the year 1923. The figures are averages of weekly prices. A similar index including 25 of the principal chemicals, oils, and fats used in the new indexes, with
yearly
data from 1917 to 1923, and monthly data for 1923 and 1924, may be found in the November, 1924, issue (No. 39), p. 105.
4
Wholesale average monthly price of 66° sulphuric acid at New York from U. S. Department of Labor, Bureau of Labor Statistics.
8
Data compiled by U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Potash includes potash imported as chemicals and also the aiuriatft.
and 6sulphate compounds used in fertilizers. " Total fertilizer" exports are made up largely of phosphate rock. Vegetable dyes are about 50 per cent logwood.
Relative to 12 months' average, July, 1913, to June, 1914.




Table 46.—WOOD CHEMICALS1
METHANOL (CRUDE)

ACETATE OF LIME

Ship- Stocks,
of Ex- 2
ments end
mo. ports

Production

YEAR AND MONTH

& ~
o|g
gH

Production

Dols.
per
cwt.

Thousands of pounds

Shipments

35, 836
14,269
23, 537

$2.78
1.87
2.26
3.84
3.27

652, 021
324, 504
567, 409
716, 144
574, 799

635, 563
666, 718
591, 530

16, 261
13, 635
16,490
14, 870

14, 143
14, 499
12, 902
11,893

1,574
1,553
1,963
4,449

3.50
3.50
3.50
3.63

893, 418
730,590
791, 457
713, 643

14, 823
14, 439
13, 180
12, 960

17, 938
13,995
13, 145
7,724

9,007
9,756
9,767
14, 624

2,491
3,019
2,946
626

4.00
4.00
4.00
4.00

September
October
November
December

11,675
12, 973
14, 685
11,814

8,227
12, 628
14, 034
12, 144

18, 034
18, 549
19, 249
18,800

223
336
1,424
1, 348

1934
January
February
March
April

13,420
13, 173
14,107
12,650

9,022
8,548
9,028
12, 460

23, 402
27, 623
32,370
30, 535

May
June
July
August

11, 539
9,396
7,714
8,112

8,561
9,261
7,056
11, 101

September
October
November
December

8,449
9,803
10, 327
10, 317

1935
January
February
March
April

monthly average.
monthly averagemonthly average.
monthly average.
monthly average.

1933
January
February
March
April
May
June
July
August

._

-.

.

May
June
July
August

September
October
November
December

end of
mo.

Ex-

ports *

•3
*«
4>
0-3

gn

Carbonized

Stocks,

end of
mo.

Dols.
per
gal.

Gallons

1,942
1,520
2,300
1,829
1,926

1920
1921
1922
1923
1924

Stocks,

WOOD

DAILY CAPACITY

Total

Re- Shut
port- down
ing

Cords

2, 749, 407
8, 494, 877
2, 110, 722

58, 589 $2.56
34,343
.80
105, 860
1.64
100, 585
1.06
54,220
.76

78,580
34, 177
64, 286
80, 787
61, 577

829, 227
826, 847
942, 884
794, 744
715, 690

5,629
5,448
5,391
5,339
4,687

4,083 626
4,585 2,771
5,217 1,890
5,171 1,183
4,038 681

866, 339
667, 929
689, 028
684, 261

2, 000, 039
2, 044, 429
2, 133, 098
2, 194, 789

142, 361
191, 369
181, 497
81, 058

1.13
1.13
1.13
1.13

98, 470
81, 912
87, 514
82, 040

813, 499
796, 541
765, 045
749, 363

5,334
5, 334
5, 334
5, 334 '

5, 091 907
5,123 936
5,135 1,120
5,135 909

798, 369
736, 806
652, 955
654, 822

566, 870
629, 250
514, 279
481, 111

2, 429, 617
2, 526, 412
2, 669, 895
2, 866, 218

108, 461
85,063
63, 868
70,226

1.13
1.13
1.13
1.13

90,509
85,864
78, 244
75, 289

760, 123
782, 579
796, 413
796, 794

5,329
5,329
5,329
5,349

5,130
5,190
5,190
5,210

1,024
1,189
1,311
1,451

4.00
4.00
4.00
4.00

574, 124
666, 364
756, 746
624, 433

526, 623
732, 399
889, 362
753, 166

2, 902, 923
2, 851, 938
2, 726, 866
2, 592, 298

77, 351
49, 184
76, 023
80, 535

.99
.93
.88
.88

65,722
74, 130
82, 080
67,669

799,988
822, 502
816, 300
837, 783

5,333
5,356
5,356
5,356

5,194
5,217
5,217
5,217

1,367
1,260
1,130
1,594

326
1,119
1,622
1,421

4.00
4.00
3.88
3.38

705, 747
690, 403
741, 505
698, 126

642, 812
681, 057
617, 949
626,837

2, 632, 633
2, 738, 308
2,749,818
2,656,211

73, 768
120, 489
26,231
32, 188

.88
.88
.88
.88

78,892
73, 541
78,661
74,596

788, 174
814, 896
815, 824
849, 991

4,633
4,633
4,633
4,633

4,513
4,495
4,513
4,378

630
408
382
468

33,986
32, 291
23, 757
19, 764

3,249
3,184
3,196
728

3.00
3.00
3.00
3.00

623, 107
492, 902
408, 132
444, 612

659, 564
472, 285
448, 022
525, 756

2, 615, 144
2, 368, 760
1, 873, 932
1, 797, 729

60, 651
51, 125
50, 462
77, 547

.75
.74
.65
.68

67, 841
53, 594
46,536
47,198

866, 518
821, 242
623, 940
663, 715

4,609
4,609
4,609
4,609

4,339 698
4,156 1,199
3,580 926
3,544 969

10, 025
12, 047
11, 698
9,026

18,070
15, 259
11, 890
13, 499

2,402
1,367
3,512
980

3.00
3.00
3.00
3.00

464, 702
539, 333
562, 828
526, 192

578, 381
621, 412
627, 586
596, 706

1, 656, 499
1, 551, 678
1, 372, 786
1, 315, 166

19, 747
50,901
42, 218
35, 310

.68
.69
.68
.68

49,850
57, 624
55, Oil
55,585

645, 956
633, 428
538, 798
527, 802

4,819
4,819
4,819
4,819

3,724
3,784
3,712
3,712

926
709
581
275

11,590
10, 414
11, 373
11, 581

10,048
9, 611
10, 886
9,172

15, 367
16, 230
17, 383
19, 130

1,995
999
1,098
1,639

3.00
3.00
3.00
3.00

573, 333
542, 397
592, 636
597, 184

586, 331
521, 854
513, 966
551, 949

1, 305, 058
1, 365, 830
1, 704, 125
1, 695, 137

56,760
39, 625
63,343
34, 321

.68
.68
.68
.68

62, 614
55,351
61,430
62, 678

478, 422
495, 186
497, 605
565, 947

4,807
4,807
4,807
4,807

3,700
3,700
3,908
3,908

251
251
293
411

12, 270
10, 822

12, 464
12, 736

18, 817
16, 454

1,815
1,498

2.88
2.75

619, 954
552, 365

548, 526
523, 835

1, 780, 542
1, 729, 206

39, 342
17, 853

.58
.58

65,284
59, 538

561, 038
537, 246

4,807
4,807

3,908
3,908

479
495

12, 421
4,885
10, 445
13,700
10, 751

13,683
13, 424
9,819

15, 721
13, 470
14, 960
13, 698

„

* Except for prices and exports, data are compiled by the U. S. Department of Commerce, Bureau of the Census, including through June, 1924, the reports of the National
Wood Chemical Association, the total reports from all sources comprising about 95 per cent of the industry during most of this period. Beginning with July, 1924, all data
have been collected directly by the Bureau of the Census. The decline in capacity in January, 1924, is due to dropping from the capacity records of firms with a daily
capacity of 723 cords which had been idle for a long time. Monthly data on production and on consumption and stocks of wood for 1920 appeared in the September, 1923,
issue2 (No. 25), p. 46, the 1921 data being revised in the December, 1923, issue (No. 28), p. 51.
Exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
* Wholesale prices representing monthly averages from U. S. Department of Labor, Bureau of Labor Statistics.




75

Table 47.—FATS, OILS, AND RAW MATERIALS1
ANIMAL, FATS, GREASES, AND DERIVATIVES
TOTAL ANIMAL FATS

TOTAL DERIVATIVES

TOTAL GREASES

YEAR AND MONTH
Produc- |
Contion
j sumption

Con-

Production

Stocks

sumption

Stocks

Production

Con-

sumption

Stocks

Thousands of pounds
1919 quarterly average..
1920 quarterly average..
1921 quarterly average..
1922 quarterly average..
1923 quarterly average..
1924 quarterly average..

367,518
410,676
473,351
611,436
611,277
611,819

144,308
149,276
154,017
138,982
140,861
151,955

138,071
183,033
226,668
175,396
144,350
161,019

86,384
85,258
94,626
102,238
98,365

51,565
50,273
45,150
61,249
67,999
64,735

67,374
69,695
95,407
53,711
56,748
47,989

264,740
284,478
340,325
480,906

208,804
204,039
183,764
227,104

550,745

268,816

165,241
174,864
156,808
142,700
127,371

650,926
617,830
548,327
630,023

147,979
128,073
133, 232
154,158

132,060
184,960
137,434
122,944

107,725
108,078
91,318
101,832

77,517
67,407
57,252
69,819

47,314
63,006
59,806
56,866

526,803
415, 216
440,474
547,049

268,134
226,020
220,575
268,026

146,423
162,251
125,989
136,135

715,222
635,610
523,273
573,169

149,645
147,038
156,892
154, 244

157,995
211,360
148,881
125,841

103,162
102,204
91, 529
96,563

74,612
57,873
60,086

49,609
51,035
49,253
42,060

550,181
491,492
502,733
658,573

290,430
249,776
245,045
290,111

139,606
131,009
111, 269
127,598

593, 616
478,809

155,852

183,031
178,686

98,770
90,127

57,342
53,826

37,499
45,713

675,613
613,837

337,150
278, 202

139,230
135,996

1923

Jan. 1 to Mar. 31Apr. 1 to June 30..
July 1 to Sept. 30..

Get 1 to Dec 31..
1934

Jan. 1 to Mar. 31..
Apr. 1 to June 30..
July 1 to Sept 30..

Oct. 1 to Dec 31..
1925
Jan. 1 to Mar. 31...
Apr. 1 to June 30..
July 1 to Sept. 30__

Oct. 1 to Dec 31..

RAW MATERIALS FOR VEGETABLE OILS
ANIMAL GLUES'
PEANUTSHULLED
YEAR AND MONTH

Con-

sumption

Stocks

COPRA

Con-

sumption

CORN GERMS

Stocks

Con-

sumption

Stocks

FLAXSEED

Con-

sumption

Stocks

Tons
1919 quarterly average .
1920 quarterly average.
1921 quarterly average.
1922 quarterly average.
1923 quarterly average.
1924 quarterly average-

10, 705
6,615
8,224

842
536
448
491
548
890

172,934
179,382
182,182
170,371
239,217
266, 615

29,853
74,703
57,409
42,019
77,268
93, 270

45, 239
48,631
39,080
52,031

7,070
8,085
2,071
9,232

38, 243
36,751
35, 206
50,372

684
1,023
202

232,183
230,234
251,149

27,136
56,053
78,737
147,144

245
412
762
1,102

39,800
32, Oil
35,641
41,960

9,071
6,313
12,113
5,399

55,189
48,873
53,090
55,682

435
2,296

268,091
264,138
211,392
322,840

328

37,947
36,847

7,566
13,822

47,995
46, 250

470
552

344,493
255, 572

11,148
33,184
2,001
319
392
630

42,153
25,276
21,161
34,674
46, 245
37,353

22,184
10,665

1,161
1,826
213
1,800

641
62
102

1,348
1, 799
614
5,238

7,424
2,712

Stocks

Thousands of pounds

36,645
36,395
30,830
36,889
40,143
53, 209

35,426
2,980
2,931
2,581
1,250
2,250

Production

23,660
25,015
24,924

52,442

53,916
33,838
14,875
270,449

28,701
24,451
20,178
26,365

51,696
53,211
55,974

112,410
63,182

25,403

53,944

1923

Jan, 1 to Mar. 31..
Apr. 1 to June 30..
July 1 to Sept. 30..

Oct. 1 to Dec. 31...
. 1934

Jan. 1 to Mar. 31..
Apr. 1 to June 30..
July 1 to Sept. 30..

Oct. 1 to Dec. 31...
1925

Jan. 1 to Mar 31...
Apr. 1 to June 30..
July 1 to Sept. 30..

Oct. 1 to Dec. 31...
1 The figures given on this and the opposite page represent the movement of certain more important vegetable and animal fats and oils, as reported quarterly by the
U. S. Department of Commerce, Bureau vf the Census. The data cover factory production, factory consumption, and factory and warehouse stocks. The stock figures refer
to the amount on hand at the end of each quarter. Quarterly data from 1920 appeared in August, 1923, issue (No. 36), pp. 115 and 119.
2 Data on animal glues compiled annually for 1922 and 1923 by U. S. Department of Commerce, Bureau of the Census, but quarterly beginning with 1924.




76
Table 48—VEGETABLE AND FISH OILS
TOTAL CRUDE
VEGETABLE OILS
YEAB AND MONTH

Production

Consumption

Stocks

TOTAL REFINED
VEGETABLE OILS
Production

Consumption

COTTONSEED OILCRUDE

Consumption

Stocks

Production

Consumption

Stocks

357,501
285,347
317, 757
232,600
242,750
288, 196

329, 038
283,350
323, 940
221,954
234,098
291,462

111, 271
94, 597
88, 668
57, 301
61, 798
70,772

21, 902
3,271
9,683
5,599
1,563
1,658

53,088
21, 267
10, 639
7,086
2,207
2,096

24, 038
33, 354
13, 453
3,594
1,900
2,112

Production

Stocks

PEANUT OILCRUDE AND VIRGIN

Thousands of pounds
578,748
474,776
504, 318
434, 658
505, 647
554,950

635, 803
511, 121
504, 034
459, 447
519, 273
576,568

1933
Jan 1 to Mar. 31
Apr 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

487, 796
202,045
294, 453
754, 337

523, 292
316, 395
297, 309
700, 790

376, 807
297, 830
283,997
338, 272

349, 726
141, 128
111,421
462, 214

244, 851
176, 337
239, 911
299, 396

352, 302
254, 089
96, 297
193, 278

263, 993
43, 768
119, 195
503,442

301, 788
95, 775
64, 025
426, 226

55, 117
12, 194
54,906
106, 988

11, 074
6,831
1,236
3,256

11, 552
8,487
6,260
2,045

6,699
4,876
1,141
1,661

1933
Jan 1 to Mar. 31
Apr 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

562,311
354, 105
335, 091
771, 081

654, 620
425, 185
339, 575
657, 712

279,963
292, 747
292, 291
367, 634

331, 733
176, 923
126, 847
420, 564

250, 668
180, 363
229, 181
263,085

282, 109
241, 914
81, 118
185, 273

306, 389
70,711
93, 181
500, 720

358, 307
131,981
69, 455
376, 648

60, 137
11, 733
34, 457
140, 863

1,700
1,998
1,147
1,406

2,354
2,138
2,545
1,791

979
2,205
3,121
1,296

1934
Jan. 1 to Mar. 31Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

666, 638
350, 344
344, 221
958, 596

603,908
459, 210
391, 898
851,256

314, 984
232, 090
217,062
342,649

353, 633
227, 041
164,771
587, 960

218, 989
213, 004
242, 193
321,729

251, 622
198, 849
72,298
255,214

289, 928
95, 540
116,817
650, 497

307, 742
185, 149
104,709
568, 248

110, 115
23, 338
44, 116
105, 520

1,122
1,328
438
3,744

1,718
2,377
1,628
2,660

1,093
5,564
373
1,418

802, 192
402, 373

813, 083
531, 093

377, 415
292, 822

521, 918
263, 632

316, 466
297, 331

401, 039
295, 618

484,063
144, 568

495, 447
222, 938

89, 168
22, 669

5,265
4,091

3,457
2,168

1,531
1,319

1919 quarterly average
1920 quarterly average
1921 quarterly average
1922 quarterly average
1923 quarterly average
1924 quarterly average ..

1935
Jan. 1 to Mar. 31__
Apr 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

506, 533
378,498
332,003
324,227
308, 159
276, 696

Production

357, 407
263, 612
283, 729
240,124
230,824
248,979

283, 591
352, 768
263, 529
223,992
197, 604
194,496
1

COCONUT OB COPRA
OIL-CRUDE
YEAR AND MONTH

466, 795
344, 575
354, 760
266, 122
264, 017
333, 351

Consumption

Stocks

CORN OIL— CRUDE
Production

Consumption

Stocks

LINSEED OIL
Production

TOTAL FISH OIL

Consumption

Stocks

Production

Consumption

Stocks

Thousands of pounds
1919 quarterly average .
1920 quarterly average..
1921 quarterly average ._ __
1922 quarterly average
1923 quarterly average
1924 quarterly average

63,886
32,805
28,247
46, 381
58, 980
48,044

105, 564
73, 525
60, 274
75, 721
90, 377
99, 954

155, 220
93,277
73, 143
111, 401
72, 689
48, 919

24, 350
24, 655
21, 870
26, 623
27, 836
29, 266

22, 408
22, 692
17, 987
25, 369
25, 753
28,583

8,027
6,589
7,093
7,236
6,957
6,772

113, 232
121, 318
120, 703
114, 361
163, 391
176, 397

47,286
53, 551
59, 706
85, 754
95, 169
96, 127

65, 425
78, 457
99, 611
100,718
85,549
81, 482

8,230
16, 507
12,490
19. 008
2 21, 326
17, 271

9,791
12, 046
19, 559
29,446
29,675
29,067

44,609
45, 225
52, 873
46,684
43,228
46, 105

1933
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

53,404
47,444
34, 217
50,460

70,448
62, 046
73, 597
96, 794

112, 014
131, 001
108, 557
94, 031

26,984
23, 917
26, 626
28,964

28,904
21,306
23,307
27, 957

7,546
7,073
8,139
6,186

124,941
70, 349
103, 400
158, 753

74, 396
92,605
89,096
90, 917

155, 252
97, 034
69, 036
81, 551

1,940
8,892
44,433
20,765

16,387
31,324
38, 720
31, 354

32, 737
48, 412
59, 547
46,038

1933
Jan 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30 ..
Oct. 1 to Dec. 31

58,750
61,523
50, 131
65, 514

93, 368
82, 174
80,566
105,401

85, 996
88,823
66, 083
49, 401

28,222
28,768
26, 630
27,724

25, 803
24, 470
26,527
26, 211

5,672
9,185
5,874
7,076

155, 148
178, 267
154,588
165, 560

97,669
105, 613
90, 334
87,061

71,629
81, 453
91, 650
97,465

2

4, 694
11, 596
46, 402
2
19, 267

30, 548
25, 178
28,374
34,600

33, 473
39, 214
54,702
45, 521

1934
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

52,684
38,566
46,971
53, 954

105, 719
86, 670
106, 119
101,307

51, 265
52,948
39,900
51, 566

32, 986
26,663
29,835
27, 580

31,704
26,322
30,395
25, 912

7,535
6,450
5,169
7,935

177,583
176, 187
139, 862
211, 954

97,846
100, 325
90,521
92,814

87,764
74, 372
56, 773
107, 019

5,444
8,071
31, 797
23,772

24,642
27, 522
31,467
32, 635

43, 748
44,400
48,720
47, 550

49,531
47, 521

95, 375
82, 210

61,139
49, 701

25,939
23, 326

30, 512
19, 413

4,392
6,560

225, 568
169, 980

109,898
109, 271

151, 136
126, 888

16, 562
8,673

41,898
35, 553

37,874
55, 086

1935
Jan. 1 to Mar. 31Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

1
2

1
Data reported quarterly by the U. S. Department of Commerce, Bureau of the Census. The data cover factory production, factory consumption, and factory and warehouse
stocks. The stock figures refer to the amount on hand at the end of each quarter. Quarterly data from 1920 appeared in August, 1923, issue (No. 36), pp. 115 and 119.
2
Yearly figure on fish oil production obtained from the annual data of the U. S. Department of Commerce, Bureau of Fisheries, which does not agree with the sum of
the quarterly figures collected by the Bureau of the Census.




77

Table 49.—VEGETABLE OILS
TOTAL VEGETABLE OILS

YEAR AND MONTH

Eiports i

Imports 3

COTTONSEED OIL

Price,
summer,
Produc- Stocks,
end
of
4
yellow
tion <
mo.
prime,
N. Y.«
Dollars
per Ib.

Thousands of pounds
1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly av
1918 monthly av

29,042
17, 758
31,641
16, 977
11, 788
10,437

21, 387
"26,441
10 20, 636
10 30, 133
10 36, 850
10 65, 295

1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly a v
1923 monthly av
1924 monthly av

17, 599 1067,495
16, 863 10 71, 390
21,964 1028,499
6,978 53, 298
4,744
52, 295
4,117 67,641

1923
September __
October
November

COTTON
SEED

Stocks,

OLEOMARGARINE 2

Con-

end of
mo.4

Produc- sumption
tion

Short
tons

Thousands
of pounds

LINSEED
OIL

FLAXSEED

Minneapolis and
Duluth e

LINSEED
OIL
CAKE

Argentina

ExRe- Shipceipts ments Stocks ports * Stocks s

Shipments
from Minneapolis 0

Thousands of
pounds

Thousands of bushels

661, 192
489, 442

w 12, 102
10 12, 002
10 12, 151
10 12, 709
23, 937
29, 217

11, 861
11, 798
11,787
12,404
19,044
26, 877

1,979
1,104
999
1,337
843
870

1,255
585
460
710
475
421

2,984
2,288
1,038
1,490
1,040
260

3,336
2,761
3,219
2,099
464
1,284

728
1,415
2,374
515
» 1, 520

.241
.154
.079
.102
.113
.110

512,448
296, 219
299, 101
291, 979
334, 556
356, 293

30, 733
29, 957
17,840
15, 396
18,965
19, 294

29, 081
30, 014
17, 518
14, 969
18, 872
19, 156

757
964
831
729
1,468
2,294

280
329
568
388
561
1,521

179
984
2,087
299
568
799

2,087
3,446
4,463
3,038
3,779
4,830

2,617
1,457
2,867
1,768
2,168
3,433

10, 026
7,856
8,157
8,156
10, 763
10, 958

18,473
12,069
15, 068
10, 790
17, 062
17, 370

117,305
109, 372

$0. 073
.066
.068
.106
.154
82, 238
.201
105, 437

110, 445
100, 955
109, 099
78, 290
83, 577
81, 591

96,213
105, 656
102, 898
56, 438
59, 594
78, 828

15, 210 30, 166
11, 868 20,684
9,862 17, 188
10,662 18, 706
11, 158 18,428
9,271 15, 998

December

2,152
3,698
6,473
7,386

26, 577
34, 994
33,462
45, 115

70,470
195, 945
178,402
126, 668

34, 620
94, 993
140, 658
140, 981

.117
.120
.118
.110

421, 746
739, 947
803, 947
741, 949

19, 122
22, 477
22, 483
22, 148

19,854
21, 236
24, 101
20, 748

3,843
4,286
2,786
1,425

873
1,969
952
1,056

1,075
2,253
1,394
952

1,609
1,447
796
1, 186

1,400
1,200
800
220

12, 771
16, 778
15,648
15, 297

16, 601
24, 071
26, 432
24, 475

1934
January
February
March
April

4,735
3,827
4,536
3,552

79, 742
106, 658
103,431
108, 935

120, 519
101,315
68, 315
46, 204

135, 935
128, 419
109,436
73, 369

.110
.101
.098
.101

578, 378
386, 018
233,462
130, 120

24, 700
22, 962
22,419
20, 461

23,841
23, 616
23, 345
20, 083

562
337
345
310

336
352
311
279

769
512
321
268

7,454
8,778
6,848
6,828

3,600
5,200
6,400
6,200

13, 754
11,211
12, 212
8,930

24,652
15, 832
16, 031
8,765

May.
June
July _.
August

2,919
1,941
2,365
2,085

76, 806
58, 317
34, 856
47,838

30, 848
18, 592
6,637
17, 922

52, 130
23, 751
4,053
8,347

.098
.104
.121
.139

66, 182
29, 053
21, 711
92, 649

17, 732
15, 321
15, 519
15,900

17, 493
14,011
15, 095
15, 857

504
389
386
297

258
209
166
146

258
131
93
72

4,658
4,060
3,810
3,098

2,600
2,400
3,000
3,000

6,213
6,486
6,286
4,188

6,978
10, 241
10,466
9,388

September
October
November
December

1,156
2,669
9,770
9,853

46, 118
40, 924
55, 582
53, 486

91,756
210, 341
231, 359
209,471

44, 116
82, 808
106, 795
105, 520

.108
.113
.110
.114

380, 443
855, 128
1, 184, 803
1, 223, 863

19, 260
20,054
17,062
20, 135

20, 202
19, 217
17, 115
19,997

3,664
10,242
8,474
2,018

1,747
6,097
6,792
1,565

1,063
2,455
2,096
1,545

2,306
4,434
3,306
2,382

3,000
2,200
1,800
2,200

8,883
18, 564
17, 947
16, 825

15, 955
29, 281
29, 572
31, 274

1935
January
February _ _
March,.
April

9,454
4,880
5,392
2,702

59, 445
52, 617
79, 213
58, 556

210,409
157, 905
116, 384
76, 574

120, 997
126, 745
89,168
70, 504

.112
.107
.111
.111

898, 671
599, 626
324, 782
144, 271

19, 177
17, 288
19, 729
18, 941

19, 109
15,846
20, 125
17,090

1,481
859
780
489

497
425
391
253

1,322
1,036
767
635

2,519
2,520
1,947
2,561

2,800
3,000
3,200
4,400

14, 720 31, 226
14,468 29,847
14, 810 20,933
14,043 15,680

3,269
5,657

49, 629
58,950

50, 232
18, 493

44, 247
22, 669

.107
.107

53, 259
28, 502

17, 599
15, 312

18,542

725
819
758

333
200
364

502
617
581

4,600
5,000

13, 331 12, 332
12, 681 15, 637

May
June
July__
August--

_

September
October
November
Decemberi3 Exports include cottonseed, corn, and linseed oils, as compiled by U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
Data on oleomargarine from U. S. Treasury Department, Bureau of Internal Revenue. Production data represent actual output while consumption figures represent
tax-paid
withdrawals of both colored and uncolored oleomargarine.
3
Imports of vegetable oils, from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, include the following oils: Chinese nut, cocoa butter, coconut,
cottonseed, olive (inedible), olive (edible), palm, palm kernel, peanut, rapeseed, soya bean, and linseed. The figures for Chinese nut, inedible olive, and rapeseed oils, which
are reported
in gallons, have been converted into pounds, allowing 7% pounds per gallon.
4
Production and stocks of cottonseed oil and stocks of cottonseed at oil mills compiled by U. S. Department of Commerce, Bureau of the Census. Annual figures for these
items are monthly averages for cotton crop years ending July 31 of the year, indicated. Monthly data from 1920 appeared in May, 1922, issue (No. 9) page 87 for cottonseed
oil and in August, 1922, issue (No. 12), page 94, for cottonseed stocks.
* Cottonseed oil prices are averages of weekly quotations compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Monthly data from 1920 appeared in
May, 1922, issue (No. 9) page 91.
« Data on flaxseed at Minneapolis and Duluth from Northwestern Miller. Receipts and shipments are totals of weekly figures with first and last weeks of each month
prorated. Stocks are taken at the end of the week nearest the end of the month. Monthly data for 1920 appeared in August, 1922, issue (No. 12), page 94, the data for each
city 7being given separately through the February, 1925, issue, (No. 42), page 89.
Data on Argentine exports from Boletin Mensual de Estadistica Agricola; current data from the Estadistica Agro-Pecuria, publications directed by the Argentine Minister
of Agriculture.
Figures are converted from original data in metric tons. Monthly data from 1920 appeared in October, 1923, issue (No. 26), p. 50.
8
Stocks of flaxseed in Argentina taken as of the end of the week nearest to end of month reported by the Oil, Paint and Drug Reporter.
9
Shipments of linseed oil and cake and meal from Minneapolis furnished by Minneapolis Chamber of Commerce.
10 Average for fiscal year beginning July 1 of year stated.
11 Ten-month average.




78

Table 50.—CROP PRODUCTION
[Base year in boldfaced type]
WHEAT
CO EN

Winter

Spring

BARLEY

OATS

Total

EYE

TOTAL
BREAD
GRAINS

HICE

POTA- APPLES HAY,
TOES (total) TAME

YEAR AND MONTH

TOTAL
VALUE
OF
CROPS
(2)

Relative to 5-year average, 1909-1913
A.— RELATIVE NUMBERS
1909-1913 average
1914 final estimate
1915 final estimate
1916 final estimate
1917 final estimate
1918 final estimate
1919
1920
1921
1922
1923
1924

final estimate
final estimate
final estimate
final estimate
final estimate
final estimate

100

100

155
153
109
94
128

84
144
64
91
145

100
119
149
93
93
134

100
99
111
95
113
92

100
101
137
111
141
136

100
107
126
100
116
141

100
123
155
140
180
261

100
104
123 !
99
117
112

100
99
121
171
145
161

100
115
101
-80
124
115

100
143
130
110
94
96

100
106
130
138
126
116

100
107
121
159
236
251

172
138
136
133
130
134

85
91
88
115
92
115

141
121
119
126
116
127

104
118
113
107
113
90

105
132
95
107
115
136

81
104
85
100
109
103

216
173
177
296
181
182

110
122 |
109 |
111
114
108

175
218
157
173
141
142

91
113
101
127
117
128

81
127
56
115
115
102

131
133
125
145
135
148

270
191
99
137
153
166

Thous.
of tons

Thousands of bushels

Millions
of dollars

YEAR AND MONTH
B.— NUMERICAL DATA
1909-1913 average
1914 final estimate
1915 final estimate
1916 final estimate
1917 final estimate
1918 final estimate

441, 602
684, 990
673, 947
480, 553
412, 901
565, 099

686, 697
245, 059
891, 017
206, 027
351, 854 1, 025, 801
636, 318
155, 765
636, 655
223, 754
921, 438
356, 339

2, 708, 334
2, 672, 804
2, 994, 763
2, 566, 927
3, 065, 233
2, 502, 665

1, 181, 175
1, 141, 060
1, 549, 030
1, 251, 837
1, 592, 740
1, 538, 124

181, 886
194, 953
228, 851
182, 309
211, 759
256, 225

34, 916
42, 779
54, 050
48, 862
62, 933
91,041

4, 743, 008
4, 942, 613
5, 852, 525
4, 686, 253
5, 569, 320
5, 309, 493

23, 926
23,649
28, 947
40, 861
34, 739
38,606

356, 627
409, 921
359,721
286, 953
442, 108
411, 860

176, 482
252, 200
230, Oil
193, 905
166, 749
169, 625

65, 987
70, 071
85, 920
91, 192
83, 308
76, 660

$5, 702
6,112
6,907
9,054
13,479
14, 331

1919
1920
1921
1922
1923
1924

final estimate
final estimate
final estimate
final estimate
final estimate
final estimate

760,677
610, 597
600, 316
586, 878
571, 959
590,037

207, 602
222, 430
214, 589
280, 720
225, 422
282, 636

968, 279
833, 027
814, 905
867, 598
797, 381
872, 673

2, 816, 318
3, 208, 584
3, 068, 569
2, 906, 020
3, 053, 557
2, 436, 513

1, 184, 030
1, 496, 281
1, 078, 341
1, 215, 803
1, 305, 883
1, 541, 900

147, 608
189, 332
154, 946
182, 068
197, 691
187,875

75, 542
60, 490
61, 675
103, 362
63, 077
63, 446

5, 191, 777
5, 787, 714
5, 178, 436
5, 274, 851
5, 417, 589
5, 102, 407

41, 985
52, 066
37, 612
41,405
33, 717
33, 956

322, 867
403, 296
361, 659
453, 396
416, 105
454, 784

142, 086
223, 677
99,002
202, 702
202, 842
179, 101

86, 359
87, 855
82, 379
95, 882
89, 250
97, 970

15, 423
10, 909
5,630
7,816
8,727
9,480

1934
June estimate
July estimate
August estimate
September estimate ...
October estimate
November estimate

509, 319
542, 551
589,000
589, 000
589, 000
589, 000

183,831
197, 461
224, 767
247, 404
266, 456
266, 456

693, 150
740, 012
813,767
836, 404
855,456
855, 806

2, 515, 385
2, 576, 440
2, 512, 888
2, 458, 809
2, 477, 538

1, 231, 728
1, 356, 338
1, 439, 041
1, 486, 412
1, 509, 409
1, 509, 409

160, 070
170, Oil
184, 170
194, 445
200, 958
200, 958

62,461 3 4, 662, 794
4, 846, 546
64,800
5, 078, 800
65,800
5, 095, 949
65,800
5, 090, 432
65,800
65, 805
5, 109, 516

35,800
33, 256
32, 377
32, 292
32, 292

373, 000
398, 821
412, 761
423, 508
454, 119

196, 000
196, 770
178, 640
174, 870
177, 238

90, 100
89, 098
88,500
95,100
95, 100

407, 156
403, 851
415, 697

253, 729
275, 739
262, 749

660, 855
679, 590
678,446

3, 095, 176
2, 950, 340

1, 295, 456
1, 292, 101
1,387,349

204,687
208, 475
213, 596

53, 317
54,104
51, 768

5, 309, 521
5, 329, 446
5, 281, 699

38, 100
36, 200

349, 566
353, 266

156, 942
161, 148

82, 500
78, 400
77, 700

1935
June estimate
July estimate
__
August estimate
September estimate
October estimate
November estimate

1
Yearly figures represent the latest revised estimates of total production for the year as reported by the U. S. Department of Agriculture, Bureau Oj Agricultura
Economics. Monthly figures are estimates of the current year's crop as made during the first week of thiiat month The estimates made in December of each year are
subject to revision in the final estimate made in December of the following year
2 Estimated total value of all crops based on prices at the farm on Dec. 1.
s June figures for total bread grains include corn as estimated on July 1.




79

Table 51.—WHEAT FLOUR
RUSSELL'S COMIMEEKCIAL NEWS i

•
BUREAU OF THE CENSUS »

Production
YEAR AND MONTH

1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly .average

ConProduc- sumpStocks
tion
tion

Wheat
ground

Thousands of barrels

Thous.
of bus.

Wheat
flour

Wheat
grain
offal

Tlious.
of bbls.

Thous.
pflbs.

CANADA*

Per
cent Wheat
of
total ground
capacity
operated Thous.
of bus.

Production

United
States *

Canada «

Thousands of barrels

9, 703
9,338
0,919
9,815
.9,317

1919 monthly average
1920 monthly average
1921 monthly average— _ _ _
1922 monthly average
1923 monthly average
1924 monthly .average

EXPORTS

WHOLESALE
PRICES «
StandWinter
ard
pat- straights,
ents
Kansas
MinneCity
apolis
Dollars per barrel

1,023
1, 064
1,30.5
1, 198
1,161
1,809

408
389
464
660
731
839

$4. 584
5.096
6.663
7.264
11. 391
(8)

$3.847
4.125
5.612
6.091
10. 551
10.304

839
394
606
790
928
956

11.998
12. 675
8.338
7.295
6.384
7. 182

10. 695
11. 579
7.051
6.136
5.355
5.977

756
54

6,386
6, 886
7,418

1,422
1,559
1,661

2, 204
1, 654
1,400
1,252
1,359
1,332

633, 324
772, 774

48
55

5, 777
5,002
,5, 311
4,657

1,325
1, 146
1,207
1,058

983
806
8.84
1,273

645
905
775
657

€.720
6.263
6.025
6.100

5. 675
5.325
4.850
4.900

9,760
10, 983
9,403
8,137

796, 325
908, 311
783, 669
678, 576

62
62
59
49

6,327
9,830
10,504
8,149

1,410
2,209
2,357
1,821

1,568
2,092
1,778
1, 789

456
1,155
1,357
1,390

6. 238
6.200
6.038
6.100

5.280
5.400
5.213
5.130

41, 834
39, 180
38, 809
35, 680

8,970
8,433
8,355
7,682

746, 040
705, 402
698, 911
643, 588

52
53
49
45

8,256
8,064
7,645
6,464

1,850
1,811
1,719
1,449

1,716
1,539
1,426
1,038

1,052
1,092
1,398
890

6.195
6.306
6.300
6.350

6.250
5.350
5.330
5.294

6,400
6,800
7,400
7,500

36, 688
36,293
39, 272
45, 434

7,896
7, 797
8,465
9,842

660, 271
651, 532
696, 582
799, 698

47
48
50
58

8,361
6,333
6, 06,1
6,409

1,881
1,413
1,354
1,426

977
1,174
789
949

1,057
903
613
626

6.638
6.856
7.490
7.538

5.470
5.581
5.831
6.225

11, 160
11, 107
11,468
10, 555

8,675
9,100
7,700
6,700

47, 857
51, 863
41, 982
40, 428

10, 459
11, 371
9,187
8, £55

823, 390
977, 381
719, 164
695, 925

64
65
59
53

7,745
9,558
7,644
6,473

1,737
2, 143
1,708
1,440

1,463
1,872
1,616
1,452

967
1,145
905
328

7.440
8. 013
8.163
8.895

6.069
6.669
6.870
7.788

11, 705
10, 189
9, 307
8, 183

10,017
9,800
8,370
7,429

7,400
6,850
6,400
6,200

45, 010
37, 720
33, 548
31, 066

9,853
8,248
7,347
6, 781

762, 489
648, 197
576, 955
536, 263

58
53
43
40

7,692
7,037
7,552
5,585

1,698
1,557
1,668
1,244

988
939
1,387
955

875
834
1,385
710

9.694
9.850
9.035
8.250

8. 805
8.669
7.969
7.038

8, 151
8,917

7,969
7,877

5,700
5,900

31, 874
35, 211

6,942
7,678

553, 750
615, 131

43
47

4, 562
5, 611

1, 015
1,238

690
820

482

8.869
8. 530

7.215
7.506

11, 091
9,146
10, 102
10, 466
10, 480
11, 047

8,156
8, 237
8, .569
9,291
9,223
9,719

9,433
8,943
7,148
7,228
7,701
7, 344

9,007
:8, 331
10, 408
12,019

8, 701
7,445
8,442
11,162

6,800
6,900
8,100
7,700

35,871
44, 179

7,805
9,642

. .
_.

11, 995
12, 561
11, 524
10, 778

9,341
10, 847
10, 366
9,808

8,800
8,500
7,900
7,100

44, 969
50, 810
43, 606
37,799

.

11,000
10, 286
10, 578
9, 521

9,299
8,711
9,572
8,588

7,150
7,200
6,800
6,700

9,765
9, 332
10, 395
11, 812

9, 089
7,759
8,717
10, 598

13, 798
13, 404
11, 665
1.1, 007

7 42, 872
41, 260

i 9, 288
8,939

1 762, 180
734, 498

1923
May
June
July
August

,.

.
,

September
October
November
December — . _

19£4
January ._
February
March
April
May
June
July
August

X,

..
,_._

,.

. .

September
October.
November
December

1925
January
February
March
April
May
June
.......
July
August

September
October
November
December

„

1
Reported by U. 8. Grain Corporation prior to July, 1920, covering practically the entire industry; beginning with July, 1920, from Russell's Commercial News, the
production and stock figures being prorated to 100 per cent from representative current data bearing a known relation to the total figures. Stocks represent flour in all positions. Consumption is calculated from production, stocks, exports and imports. Monthly production figures from January, 1914, are given in the October, 1922, issue
(No.2 14), page 47.
Compiled by U. S. Department of Commerce, Bureau of the Census, from reports of over 1,000 mills each month, which produced about 84 per cent of the flour manufactured
in 1921, according to the Census of Manufactures.
3
Compiled by the Dominion Bureau of Statistics, Internal Trade Branch, covering merchant mills having a capacity of about 120,000 barrels per month, and also custom mills. The detailed reports of Canadian milling statistics also contain data on other grains as well as a division into eastern and western territory. Monthly data
through
1922, appeared in May, 1925, issue (No. 45), page 27.
4
Wholesale prices from If. S. Department of Labor. Bureau of Labor Statistics, represent averages of weekly quotations. Monthly figures from 1920 appeared in May»
1922,5 issue (No. 9), p. 91.
*Exports of flour from U. S. Department of Commerce, Mnrmw of Foreign and Domestic Commerce.
6
Exports
of
flour
from
Canada
from
Department
of
Trade
and
Commerce,
Dominion
Bureau of Statistics.
7
Average for last six months of year.
8
No quotations.




80

Table 52.—WHEAT AND CORN
WHEAT

Re- 2

ceipts

Shipments - United States 3

Canada «

Ship- 2 GrindVisible
Re6
No.l,
Corn, Cash,
2, supply! ceipts * ments ings
connorth- No.
inred
tract,
ern winter,
clud- grades
Including
Wheat
ing
ChiWheat
2,
corn No.
only wheat only
cago
Chicago
meal
flour
cago

United Canada
States

«'

Thousands of bushels

Dols. per bu.

Dols.
per bu.

Thousands of bushels

14, 198
16, 335

8,292
14,432
17, 161
12,838
8,850
9,265

11,907
12, 133
23,034
18, 230
14, 070
17, 413

8,378
10, 540
5,993
13, 145
15, 804
12, 533

$0. 913
1.041
1.344
1.417
2.321
2.235

$0. 986
1.005
1.307
1.351
2.278
2.209

11,117
11,486
16, 210
12, 736
6,122
10, 266

21, 158
17, 447
24, 774

10, 233
13, 525

4,195
3,817
4,664
5,276
4,952
6,142

31,493
27,038
36, 389
35, 009
32,363
40, 878

19, 919
23, 252
24, 318
23, 107
18,038
29,891

12,341
18, 191
23, 338
13, 724
8,211
13, 859

22, 259
25, 636
29, 643
19, 337
14, 327
19, 884

3,484
6,498
10,776
11, 374
17,923
21, 405

2.563
2.600
1.467
1.233
1.155
1.309

2.357
2.522
1.437
1.241
1.171
1. 277

4,101
6,254
20, 686
25, 137
11,660
12, 870

14,995
17,985
28,409
32,814
22, 642
23, 179

8,845
9,653
18,949
21, 552
14, 211
14,033

5,411
5,055
4,875
5,566
5,513
6,279

1,325
1,771
10,997
13, 835
3,724
1,681

1.597
1.414
.580
.624
.819
.969

41, 498
25, 224
13,847
5,133

16,742
18, 220
33,804
65,315

22, 191
15,476
17, 586
26, 387

9,973
9,252
8,843
14, 198

14,396
12,881
12, 822
19,929

11,932
22, 229
12,665
11,419

1.200
1.105
1.017
1.072

1.289
1.189
1.011
1.017

7,649
3,847
2,256
1,927

10, 663
14, 212
18, 184
21, 822.

16, 187
11, 102
11,661
13,069

6,084
5,279
4,080
6,390

5,358
2,123
1,329
942

.809
.839
.857
.876

72, 930
79, 034
82, 269
84, 030

31,016
80, 782
108, 193
125, 259

45, 314
40, 488
37, 192
28, 404

25, 837
18,993
17, 612
16, 515

15,408
9,239
4,148
4,950

22, 465
18, 652
12, 147
12,991

5,300
29, 071
64, 197
67, 378

1.156
1.197
1.092
1.112

1.048
1.097
1.061
1.083

2,474
1,084
3,254
9,683

18,474
16,450
23,199
36,658

11,615
8,689
10, 269
18, 521

5,577
6,424
5,576
6,668

1,291
688
1,097
2,183

.884
1. Oil
.842
.730

75,111
72,914
66, 739
57, 383

122, 902
126, 495
121, 648
93, 380

15, 875
19, 803
17, 997
10, 123

11,200
10, 616
12, 020
12, 017

4,421
3,095
2,958
3,747

12, 201
10, 019
9,374
8,418

12,322
11, 770
13, 448
6,085

1.133
1.174
1.165
1.128

1.106
1.127
1.088
1.038

10, 492
20,517
27, 284
19, 735

30,600
43, 442
30, 345
17, 535

19,648
21, 213
17, 361
15,912

6,758
7,152
7,835
6,437

3,106
3,542
4,028
2,150

.759
.797
.796
.790

45, 258
36, 496
43, 779
76, 537

62, 299
44, 932
31,308
19,789

15,368
16, 410
35,074
92, 987

16,646
13, 714
16, 302
52,826

2,811
4,975
4,049
16, 835

7,206
10, 257
7,817
21, 106

41, 228
24, 075
16, 135
8,184

1.177
1.120
1.397
1.356

1.066
1.122
1.253
1.315

13,480
9,184
5,475
5,612

16, 131
17, 415
18, 225
19, 340

17,546
14, 505
11,205
10, 749

5,027
6,621
5,835
6,433

1,853
1,017
654
782

.786
.839
1.055
1.170

88, 291
96, 528
105, 533
96, 114

13,501
52, 099
76, 740
79, 221

82, 075
88, 022
60, 503
36, 293

58, 482
72, 066
50, 151
32, 651

32,662
45, 128
27,831
17, 791

39, 244
53, 538
35, 102
24, 326

10, 238
14, 288
26, 982
29, 847

1. 350
1.486
1.529
1.687

1.343
1.528
1.574
1.769

6,400
8,497
8,072
19, 693

21, 428
19, 511
15, 223
28, 953

11,937
11,826
7, 126
9,365

6,368
6,926
5,433
5,520

802
729
932
571

1.163
1. 105
1.130
1.233

81,796
74, 167
63,327
47, 864

79, 341
76, 187
75,048
58, 212

24,734
19,923
17,260
10, 422

19,864
16, 168
18,367
14,226

8,484
7,387
9,961
8,424

12,928
11,612
16, 202
12,601

6,103
4,146
4,423
4,953

1.909
1.841
1.689
1.549

2.003
1.984
1.767
1.701

28, 812
34, 199
36, 526
25, 253

37,038
21,274
24,916
10, 224

14, 290
12,270
13, 692
14, 243

6,751
6,198
5,672
5,240

896
704
89
1,109

1.271
1.242
1.165
1.082

36,911
30, 420
33, 248

48, 744
40,087
22, 513

17,659
21,866
41, 783

21,067
17,719
22, 693

9,870
7,069

12,976
10, 758

14,883
9,784

1.676
1.618
1.591

1.892
1.815
1.589

18, 676
16,040
6,832

11,566
17, 860
9, 891

10, 058
13, 676
10, 697

4,983
5,498
4,430

843
964

1.137
1.099
1. 065

1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly av
1918 monthly av

59,802
57,379
38, 155
65, 974
30, 393
51, 051

32, 665
32, 604
32, 173
61,055
47, 831
25, 871

18, 861
21,619
32, 517

1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av
1923 monthly av
1924 monthly av

78, 231
41,987
36, 795
37, 131
67, 601
71, 724

32, 750
24, 583
35, 516
56, 510
63, 693
70,359

37, 203
29,403
32,648
63,922

___

Ex- Wholesale 8
ports3 prices

Wholesale
prices «

Exports

Visible supply 1

YEAR AND MONTH

CORN

4,223 $0. 625
874
.695
4,185
.730
4,603
.825
V51 1.637
3,922
1.605

1933

June
July
August

.....

September
October
November

.

.

1924

January
February
Mai'ch
April
.

_.
...

May
June
July
August

.. --

-

_

September
October
N o ve mb er
December

. ..

1925

January _
February
March
April
May
June

.

July

.....

.--

::::::::: ::::::::n::::::::
!

1 Data from Bradstreet's representing stocks carried on Saturday nearest end of month at terminals, elevators, warehouses, docks, etc.
At principal primary markets, as compiled by the Chicago Board of Trade and reported by the Price Current Grain Reporter.
Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly figures from 1920 appeared in May, 1922, issue (No. 9), p. 88 Wheat
flour4 has been converted to wheat equivalent at 4J^ bushels to the barrel, while corn meal has been converted at 4 bushels to the barrel.
Exports from Canada from Canadian Department of Trade and Commerce, Dominion Bureau of Statistics.
• From U. S. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 91.
• Grindings of corn by the wet process in the manufacture of cornstarch, glucose, etc., compiled by the Associated Corn Products Manufacturers from reports of 11 firms,
comprising the practically entire industry. Monthly data from 1920 appeared in June, 1922, issue (No. 10), page 43.
2
3




81

Table 53.—OTHER GRAINS AND HAY
BARLEY

RYE

Canada *
Wholesale
Receipts Exports,
Receipts Exports, Whole- Receipts
Exports, Wholeinclud- prices,
at
sale
at
includat
includsale
Producprining
by sam- prining
prinVisible
ing
prices,
tion,
cipal
flour ple, fair
cipal
flour
No. 2
cipal
supply < oatmeal cash,
Grindoatmeal
interior1
as 2 to good, interior1
cash,
as
interior 1
as 2 Chicagoa ings
and
markets grain malting, markets grain * Chicago' markets
grain
rolled
Chicago 3
oats

YEAR AND
MONTH

Per
bushel

Thousands
of bushels

Thousands
of bushels

Per

bushel

9,058
7, 435
8, 385
9,438
6,907

1,461
554
2,211
1,874
1,488

$0. 625
.615
.704
.867
1,315

1,294
1,648
1,809
1,936
1,912

155
189
1,138
1,320
1,224

$0. 636
.768
1.092
1.113
1.871

20, 694
22, 200
22, 651

1918 mo. av_1919 mo. av__
1920 mo. av._
1921 mo. av_.
1922 mo. av__
1923 mo. av__
1924 mo. av_.

6,118
7,746
3,815
3,321
3,367
3,904
6,207

1, 897
3,369
1, 489
2,153
1,536
984
1,477'

1. 305
1.217
1.263
.635
.634
.659
.816

2,777
3,988
3,712
2,573
6,353
3,683
6,414

1,359
3,375
4, 938
2,512
3,985
2,667
3,082

1.940
1. 534
1.873
1.214
.886
.752
.915

28,335

1923
May
June
July
August

1, 806
2,162
2,018
6,036

365
362
816
2,571

.673
.643
.653
.623

2,388
2,542
1, 458
3,839

4, 639
3,886
3,352
1,765

.777
.687
.647
.671

13, 454
14, 139
16, 130

September- ..
October
November...
December

7,210
6,061
4,493
6,830

2,054
1,425
264
382

,654
.678
.656
.685

6,342
3,434
3,634
2,036

2,593
545
981
1,200

.698
.720
.708
.701

28, 710
18, 298

1934
January
February
March
April

2,916
3,381
2,993
2,804

299
613
969
706

.705
.-740
.753
.803

1,807
1,938
1,677
960

821
402
365
2,147

May
June
July
August

2,204
3,972
1,498
3,791

448
513
1,054
1,396

.761
.776
.829
.853

2,488
1,674
4,954
4,736

13, 965
12,296
7, 258
6,405

1, 955
5,315
2,710
1,744

.866
.908
.864
.935

4,940
4,210
3,359
2,038

1,522
881
864
934

2,662
3,382

1,608
667

September
October
November. _ _
December

May
June
July

Per
bushel

Thousands of bushels

1913 mo. av__
1914 mo. av__
1915 mo. av. .
1916 mo. av__
1917 mo. av__

1925
January
February
March
April

TOTAL
GRAINS

OATS

Thous.
of bus.

Thous.

of Ibs.

HAY

Exports,2
includ-

ing
flour
and

Receipts «

Thous.

Tons

meal as
grains

of bus.

17, 415
19, 784
18, 384
24, 025
23, 692

3,018
223
8,993
8,791
9,370

$0. 376
.419
.496
.455
.637

20, 764
13, 973
39, 560
34, 817
30, 903

18, 512
22, 298
16,478
46, 968
46, 738
18, 167
28, 591

10,815
5,551
1,357
698
2,979
966
694

.775
.700
.796
.387
.397
.439
.513

821
821
1,053

9,610
10, 322
15, 362

35, 406
35, 878
35, 191
46, 002
41, 672
22, 668
26, 817

124, 870
120, 675
119, 102
69, 948
76, 873
76, 493
80,006

13, 514
8,523
5,710
10, 111

1,069
641
857
815

.451
.439
.422
.387

457
562
693
625

3,998
6,134
8,499
7,833

25, 827
19, 893
19, 176
26, 022

61, 708
60, 248
67, 066
72,006

20,134

16, 514
20,488
18, 686
19, 940

1,241
1,158
1,179
1,125

.413
.439
.442
.449

820
1,306
1,329
1,038

10, 942
18, 707
. 19,079
15, 884

29, 644
22, 468
15, 668
17,881

85, 230
87, 786
90, 646
76,458

.725
.720
.685
.662

16, 208
18, 778
16, 771
13, 769

17,539
17, 741
16, 715
10, 656

639
485
323
185

.474
.493
.481
.489

1,275
1,098
1, 139
857

20,104
16,548
16, 582
11, 350

17,066
15, 061
15, 059
13, 606

100, 367
103, 963
80, 255
65, 624

1,999
3, 732
1,332
1,497

.671
.729
.861
.919

13, 737

6,720
6,264
3,086
11, 403

137
177
233
217

.488
.501
.563
.528

905
857
1,085
957

13, 083
13, 452
16, 652
14, 798

11, 643
15, 696
11, 090
24, 998

70, 455
76,090
61, 672
65, 275

14, 291
17,708
8,932
3,802

11, 579
10, 927
1,323
856

1.016
1. 275
1.312
1.404

55, 710
39, 149

18,620
19,738

48, 006
66, 564
67, 265
72,128

662
2,735
1,366
1,171

.497
.522
.524
.598

1, 010
1,097
1,218
1,134

15, 157
15, 945
16, 199
14, 467

54, 242
73, 243
41, 433
28,608

86, 031
95, 037
81,001
74, 303

.973
.996
.922
.875

2,134
2,823
833
1,506

1,208
944
2,408
10, 749

1.685
1.579
* 1.353
1.118

23, 474
14, 110
12, 851
11, 679

73, 570
72, 386
63, 886
48, 082

934
843
1,006
917

.596
.570
.492
.454

879
659
689
672

11, 159
7,133
7,469
7,358

17, 538
14, 934
21, 376
26, 310

101, 595
69, 869
74, 305
45, 985

.883
.885
.883

4,554
889

6,795
1,627

1.190
1.089
.979

11, 845

35, 331
35, 268
26, 298

3,908
2,398

.484
.505
.475

594
667

6,898
8,453

25, 130
16,416

54, 349
48, 022
71, 783

27,299
24,844
19, 264

17,800
17, 880
19, 063
19, 974
22, 046

28,179
26,556

14,003
10, 510
27, 561

17,363
16, 591

September
October
December
1
Receipts of oats compiled by Chicago Board of Trade and reported by Price Current Grain Reporter, while receipts of barley and rye are compiled by the Federal
Reserve
Board from receipts at 17 interior centers. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 43.
2
Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 88. Barley
flour3 converted at 5.6 bushels to the barrel, oatmeal at 5.21 bushels to 100 pounds, and rye flour at 6 bushels to the bariel.
From U. S. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 91.
4
Taken from the CMcago Board of Trade as of the nearest Saturdas7 to the end of each month, representing supply of oats at principal primary markets. Monthly
data5 from 1920 appeared in June, 1922, issue (No. 10), p. 43.
Compiled by the Dominion Bureau of Statistics, Internal Trade Branch, covering merchant mills having a capacity of about 120,000 barrels per month, and also custom
mills. The detailed reports of Canadian milling statistics also contain data on other grains as well as a division into eastern and western territory. Monthly data from
1922 separating oatmeal and rolled oats appeared in May, 1925, issue (No. 45), p. 27.
* Receipts of hay at 11 principal markets, compiled by prorating weekly reports to the Hay Trade Journal.

54240°—25t


6

82

Table 54.-HRICE, FRUITS, VEGETABLES
RICEi
Paddy-at
California
warehouses

YEAR AND
MONTH
Shipments

Southern
paddy

Stocks,
end of

Receipts
111 Oil ill at mills

Shipments
Total
movement
to
mills

Total
from
mills

New
Orleans

ColdDomes- Imports Exports storage
tic at
holdmills
ings'
and
(end
dealers
mo.)

757, 281
1, 021, 642
872, 667
682, 788

23,004
41,904
56, 327
109, 114
172, 990
139,944

1,800
1,752
1,865

6, 950
4,754
6,737

468, 038
640, 827
591, 159
633,910

479,349
652,912
642, 918
699, 754

3 337, 223 3 1,172, 184
188, 076

609, 477
639, 610
796,277
837, 657
659, 645
707, 425

8 994, 249
896, 093

611, 661
554, 723
957, 589
797, 973
687, 198
691, 376

254, 825
222, 175
318, 147
275, 358
223, 472
156,446

811, 658
1, 287, 057
1, 291, 023
1, 253, 992
1, 343, 655
1, 142, 799

136, 090
109, 706
63, 532
52, 946
40, 105
31, 728

314,063
327, 177
488, 412
342, 052
283,636
128, 945

1,940
2,383
2,344
2,570
3,391
3,460

566, 768
589, 403
249, 194
134, 850

1, 393, 910
804, 507
555, 313
4.20, 463

137, 116
184, 684
103, 938
437, 504

703,884
774, 087
353, 132
671, 354

660, 037
348, 369
345, 583
410, 388

202, 717 1, 169, 789
131, 517
965, 879
744, 481
163, 448
648,030
101, 931

24,526
93,218
15, 427
20, 155

351, 396
262,807
388, 867
101, 999

370, 838
25, 489
857, 323
146, 326

• 69, 944
1, 507, 850
1, 482, 254
1, 364, 896

393, 605
1, 512, 281
1, 911, 515
965, 725

764, 443
1, 537, 770
2, 768, 838
1, 112, 051

617, 952
968, 779
1, 236, 100
819, 648

156, 469
236, 714
307, 721
203, 738

355, 518
954, 101
1, 734, 533
2, 010, 527

4,792
7,897
26, 708
28, 614

January
February
March
April

186, 116
207, 140
392,204
42, 977

1, 178, 780
998, 042
549, 150
468, 951

1, 075, 680
579, 922
369, 704
80, 057

1,261,796
787, 062
761, 908
123, 034

1,104,876
926, 545
818, 902
470, 496

228, 712
2,03, 224
177, 670
95, 165

2, 018, 819
1, 680, 373
1, 181, 972
718, 226

May.
June
July
August

57, 463
77, 028
142, 836
436, 305

376, 080
293, 890
131, 569
10, 000

13, 986
9,466
5,638
345, 365

71, 449
86, 494
148,474
781, 670

305, 995
135, 094
135, 259
130, 924

71, 433
34, 646
41, 036
1,979

September
October
November
December

87, 134
299, 781
274, 883
60, 143

635, 971

948, 625
2, 182, 793
1, 905, 168
972, 700

1, 035, 759
2, 482, 574
2, 180, 051
1, 032, 843

730, 544
1, 303, 227
1,300,775
933,878

28,067
19,072
92, 302
121, 477

683, 136
532, 886
375, 675
257, 570

448, 306
197,214
43, 129
34, 465

476, 373
216, 286
135, 431
155, 942

97, 766

40,000

11, 000
29, 183

108, 766

1918 rno. av
1919 mo. av
IQOi T^O ay

1922 mo av
1923 mo. av
1^4 nio av

Number of carloads

191, 510
193, 597
212, 140
179, 760
222, 059
448> 741

169, 718
203,340
196, 238
258, 484
275, 513
278,785

1915 mo av
1916 ino av

Car-lot shipments *

Thous.
of barrels

Pockets of 100 pounds

Barrels or sacks of 162 pounds

CIT- WHITE
POTA- ONIONS
RUS
FKUIT TOES

APPLES

Stocks,
end of
month

3, 417

11, 397
12, 055
14,105

1,304
1,596
1,835

6,796
8,580
8,042
7* 734
10, 268
9,009

6,398
5,975
7,500
6,882
8,261
8,562

15,005
14, 627
18,206
19, 930
18, 956
20, 178

1,740
2, 163
1,932
2,163
2, 132
2,502

277
45
30
68

1,529
468
3,154
3,749

10, 431
7,327
4,654
3,024

15, 123
19, 849
15, 853
15, 324

2,514
683
1,396
2,168

102,959
184,646
184, 092
339, 117

927
6,914
10, 099
9,696

14, 377
44, 515
26, 187
7,748

3,240
5, 390
11, 149
10, 672

22,907
33,433
19, 400
11,403

3,701
4,760
2,622
1,683

44, 876
31, 868
68, 695
35, 498

303, 950
177, 314
180, 682
116, 428

7,843
6,965
3,871
2,080

7,961
7,995
6,162
3,373

9,735
11, 693
12,251
12, 680

18,983
19, 862
22,091
18,406

2,411
2,082
1,898
2,270

429, 803
302, 640
165, 241
398, 953

32, 978
50,364
16, 814
39, 091

75, 847
36, 908
23, 234
23, 883

761
None.
None.
None.

2,201
866
2,312
2,927

10, 817
7,811
4,100
3, 856

17, 506
20, 470
22, 938
15,959

2,752
981
2, 057
2,405

232, 916
300, 075
339, 350
151, 143

638, 303
1, 567, 621
2, 265, 121
2, 346, 514

16, 335
11, 918
14, 855
27, 444

27, 675
89; 679
216, 418
275, 318

820
5,758
7,743
6,673

13, 261
35, 937
19, 045
6, 088

3, 116
4,185
11, 307
11, 187

20,450
32, 524
20, 191
12, 757

3,864
4, 545
2,876
1,869

981, 194
543, 246
496, 485
389, 915

219, 817
128, 858
118, 163
95, 082

1, 867, 227
1, 559, 679
1, 059, 649
674, 106

41, 497
78, 493
98, 554
60, 728

108, 979
114, 109
79,085
63, 246

5,233
3, 761
2,272
1,143

4,980
3,802
3,244
2, 216

12, 036
10, 402
11, 309
10, 417

21, 159
19,886
20, 862
19, 532

2,713
1,984
1,533
2,900

337, 221
192, 507

117, 128
38, 849
89, 607

363, 747
223, 542

65, 333
84,351

62, 574
43,854

None.
None.

1,525
889

8,332
5,464

19, 397
19, 976

1,932
590

1933
M^iy
June
July
August

_ -

September
October.
November
December

1934

1935
January
February
March _ _
April

_.
„

May
June
July
Augusts

September
October
November
December
* Southern receipts, shipments and stocks at mills from Rice Millers' Association, comprising movement of the whole rice crop except California rice. Data on paddy
at all California warehouses from Rice Growers' Association of California. The column "Total movement to mills" is a total of the-shipments from California warehouses
and receipts at Southern mills, thus giving a view of the total movement of domestic rice to the mills. Shipments of rice through New Orleans compiled by New Orleans
Board of Trade. Imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, data for rough rice being reduced to the equivalent
clean2 rice at 162 pounds of rough to 100 pounds of clean, as barrels or sacks of 162 pounds are equivalent to clean rice pockets of 1-00: pounds each.
Data on cold-storage holdings of apples and on car-lot shipments of fruits and vegetables compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics
Citrus
fruit shipments consist of oranges, le*nons, and grapefruit.
3
Average for 10 months, March through December.




83

Table 55.-£IVESTOCK MOVEMENT
&HEEP..AND LAMES

HOGS

CATTLE AND CALVES

Shipments
Price
steers,
good
to
Local
Total
Total
.slaugh- choice,
com receipts Stockreceipts Stockter
erand Total
fed,
era sid Total
Chifeeder
feeder
cago 2
Shipments

YEAR AND
MONTH

1913 mo av
1914 mo. av
1915 mo av
1916 mo. av
1917 mo. av..
1918 rao. av__

1,094
2,104

382
408

747
850

1,109
1,241

$8.51
7.04
8.70
9.58
12.81
18.42

2,054

Price a

Shipments
Price
Local
slaugh- heavy,
Chiter
cago*

Local
Total
slaugh- Ewes,
receipts Stoekter
erai?d Total
Chifeeder
cago

1,618
1,869

352
432

808
1,011

758
855

$4.69
5.04
5.93
7.17
10.33
11.29

$7.79
8.12
9.23
10.02
18.09
17.33

3,159
3,788

64
81

1,027
1,185

2,157
2,572

$8.37
8.36
7.13
9.62
15.71
17. 60

Lamhs,
Chicago

1919 mo .av__
1920 ino. av. .
1921 mo. av._
1922 ino. av__
1923 mo. av__
1924 mo. av_.

1,886
1,649
1, 935
1, 935
1,975

440
338
292
406
380
331

894
818
717
887
838
808

1, 141
1,034
923
1, 036
1,086
1,154

17. 50
14.49
8.78
9.46
9.96
9.68

3,737
3,549
3,425
3,672
4,611
4,618

75
61
42
49
68
42

1,194
1,273
1, 228
1, 277
1,505
1,684

2,538
2,272
2,194
2,395
3,015
2,932

18.24
14.19
8.45
9.39
7.70
8.48

2,265
1,876
2,014
1,864
1,838
1,850

578
430
258
346
873
390

1,210
1,043
944
973
978
983

1,054
915
1,072
889
858
846

9.35
8.74
3.41
5.81
6.08
6.91

16.13
15.90
9.99
13.22
13.46
14.29

1823
Ja»uary
February
March
April

1,876
1,427
1, 502
1,670

281
210
198
233

756
560
554
573

1,086
871
956
1,080

9.78
9.36
9.26
9.02

5,308
4,492
4,926
4,318

66
64
69
76

1,887
1,670
1,703
1,393

3, 395
2,820
3,234
2,924

8.18
7.84
8.16
7.97

1,636
1,366
1,430
1,447

171
169
114
82

729
646
646
584

897
708
805
855

6.95
6.72
7.15
7.57

14.18
14. 61
14.25
13.06

May _. _.
June
July
August

1,900
1,636
1,903
2,214

300
236
223
480

716
643
747
1,056

1, 173
998
1,104
1,168

9.54
10.31
10.59
10.88

4,524
4,209
4,181
3,714

67
63
34
62

1,443
1,409
1,498
1,448

3,072
2,815
2,652
2,283

7.45
6.95
7.21
7.99

1,794
1,452
1,661
1,800

216
117
188
341

909
639
710
898

888
817
936
903

6.17
4.81
5.05
5.75

13.14
14.78
13.98
12.81

September...
October.
November
December

2,295
2, 802
2, 182
1, 810

631
785
624
353

1, 158
1,382
1, 131
788

1, 104
1,373
1,106
1,018

10.66
10. 45
9.84
9.79

3,607
4,816
5,416
5,825

102
101
70
46

1,336
1,669
1, 779
1,911

2,276
3,129
3,657
3,919

8.64
7.78
7.13
7.05

2,659
3,465
1,816
1,526

897
1,489
540
154

1,745
2,443
1,097
688

894
981
777
837

5.48
5.28
5.66
6.44

13.19
12.78
12.28
12.50

1,888
1,457
1, 556
1 751

243
170
175
239

716
540
549
627

1, 155
915
991
1,108

9.47
9.71
10.07
10.78

6,253
5,335
4,833
4,374

50
47
52
57

2,198
2,126
1,854
1,559

4,016
3,227
2, 976
2,809

7.23
7.08
7.35
7.43

1,697
1,412
1,367
1,348

149
106
83
105

773
693
654
613

920
725
719
726

7.19
8.43
9.98
9.94

13.33
14.55
15.78
15.94

May
Jime
July
August

1, 890
1, 073
1, 798
1,934

275
201
169
30G

746
03 1
641
828

1, 141
,030
,141
,092

10.27
9.60
9.58
9.48

4,321
4, 296
4,091
3,196

46
29
23
25

1, 608
1,417
1,477
1,213

2, 735
2,852
2,605
2, 017

7.44
7.25
8.19
9.61

1, 344
1,550
1,672
2,005

118
153
226
444

629
650
712
1,022

723
903
950
978

6.C3
4.83
4.84
5.97

14.22
14.73
13.75
13.28

September...
October.
November
December

2, 566

2,083

580.
751
549
309

1,166
1,339
1, 096
818

,312
,432
1,267
1, 2G5

9.02
9.50
9.16
9.55

3, 216
3,990
4,904
6,604

35
56
40
38

1,252
1,469
1,760
2,271

1,959
2, 525
3,132
4,335

9.86
10.78
9.58
9.96

3,027
3,295
1,879
1,605

973
1,441
678
206

1,876
2,267
1,154
750

1,097
1,020
540
854

5.41
5.81
6.33
7.58

13.18
13.44
13.34
15.98

1,869
1, 530
1,860
1,827

207
176
241
271

708
555
645
664

1,150
967
1,179
1,163

9.31
9.47
10.20
9.99

6,105
4,558
3,528
3,246

38
35
92
41

2, 176
1,580
1,239
1,199

3,910
3,010
2,285
2,039

10.80
11.15
13.48
12.58

1,467
1,388
1,504
1,541

138
119
95
109

688
675
670
704

786
711
836
833

8.69
8.44
9.18
7.92

17.63
17.27
16.05
14.16

1,737
1,746

216
154

602
534

1,123
1,190

9.66
10.50

3,283
3,507

36
49

1,346
1, 222

1,931
2,298

12.18
12.70

1,689
1,603

178
137

877
603

830
908

6.53
5.63

12.28
14. 87

1924
January
February
March

1925
January
February ... .
March
April
May
June
Julv..
August

2,737
2, 363

September- _ _
October
November
December
1
These figures, except prices, represent the movement at between 60 and 70 markets; data procured from the IT. £. Department of Agriculture, Bureau of Agricultural
Economics. Monthly data from 1920 appeared in November, 1922, issue (No. 15), p. 115.
2 From U. S. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 91.




84

Table 56.—PORK PRODUCTS
PRODUCTION i—
INSPECTED
SLAUGHTER

YEAR AND MONTH

Total pork
products

Lard

COLD-STORAGE HOLDINGS 3

EXPORTS a

Total

Lard

(end of month)

Other
products

Total

Lard

APPARENT
CONSUMPTION*

WHOLESALE
PRICES «

Lard,
Fresh and Total pork Smoked
prime
hams, contract,
cured
products Chicago
New York

Thousand of pounds
1913
1914
1915
1916
1917
1918

monthly average...
monthly average...
monthly average. __
monthly average. __
monthly average
monthly average...

477, 177
450, 851
524, 294
565, 691
449, 570
583, 154

Dollars per pound

82,058
76, 826
113, 205
120, 932
108, 209
187, 554

35, 555
31,060
45, 735

85, 377
77, 149
141, 819

644, 543
669, 283
875, 323

85, 741
74, 117
90, 959

558, 802
695, 166
784, 364

156, 394
76,983
65, 896
60,011
79, 338
62, 621

920, 959
906, 345
761, 914
647, 594
837, 352
829, 740

92, 212
120, 413
119, 705
86, 573
77, 358
89,854

828, 747
785, 932
642, 209
561, 021
760, 019
737, 385

$0. 166
.167
.153
.185
.252
.318

$0. 110
.104
.094
.135
.219
.261

384, 407
407, 684
440, 649
478, 402
584, 710
580, 750

.343
.334
.268
.265
.212
.202

.290
.200
.111
.115
.123
.133

1

1919 monthly average... •
1920 monthly average. __
1921 monthly average.. _
1922 monthly average. _.
1923 monthly average
1924 monthly average...

688, 978
539, 455
560, 212
618, 276
765, 178
720, 862

87, 986
104, 622
119, 216
130, 652
159, 686
160, 849

219, 803
128,004
138, 308
123, 924
165, 620
141, 289

63, 409
51, 021
72, 412
63, 913
86,282 '
78, 668

1933
May _ .
June
July
August

736, 223
748, 584
702, 630
641, 311

155, 449
172, 279
163, 300
142, 084

165, 272
131, 708
141, 665
162, 965

93,199
64,605
69, 478
83, 758

72, 073
67, 103
72, 187
79, 207

993, 301
3,032,401
1, 009, 738
870, 122

84,530
123, 896
143, 579
115, 860

908, 771
908, 505
866, 159
754, 262

597, 664
574,660
580, 811
615, 149

.211
.211
.217
.223

.116
.117
.113
.116

SeDtember
October
November
December

552, 109
711, 355
873, 007
975, 718

113, 261
132, 233
163, 212
191, 748

170, 657
158, 196
158, 908
188, 697

83,630
76, 378
74, 251
98, 578

87, 027
81, 818
85, 657
90, 119

685, 751
541, 171
612, 823
758, 209

72, 608
35, 525
35, 327
49, 340

613, 143
505, 648
577, 496
708, 869

562, 020
693, 845
639, 679
638, 613

.223
.219
.209
.205

.128
.133
.141
.132

1924
January
February
_.
March
April

976, 966
843, 874
765, 700
690, 514

227, 689
188, 308
177, 602
170,096

224, 660
190, 691
175, 420
137, 577

132, 758
99, 910
100, 726
73, 307

91, 902
90, 781
74, 694
64, 270

885,020
946, 696
1, 018, 130
1,010,649

54, 130
68, 610
85, 722
102, 317

800, 890
878, 086
932, 408
908, 332

650, 363
558, 856
513, 102
555, 594

.193
.184
.189
.190

.128
.117
.116
.113

May
June
July
August

720, 999
737, 102
731, 931
548, 939

167, 289
166, 851
177, 565
121, 584

114, 759
109, 369
148,208
135, 104

62, 648
59, 475
86, 706
75, 937

52, 111
49,894
61, 502
59, 167

1, 019, 058
1, 025, 158
960, 257
835, 547

127, 949
152, 520
149, 672
124, 676

891, 109
872, 638
810, 585
710,871

594, 752
618, 639
644, 412
535, 161

.194
.196
.204
.222

.110
.111
.126
.143

163,645
106, 781
130, 184
192,596

114,652
132, 686
91, 730
120, 607

65,810
60, 813
49, 120
76, 803

48,842
71, 873
42, 610
43,804

649, 371
439, 731
463, 233
704, 030

84, 198
31,706
35, 713
61,049

565, 173
408, 025
427, 520
642, 981

561,
637,
550,
548,

.223
.216
.205
.207

.144
.165
.153
.169

738
051
772
331

194, 189
161, 697
115, 016
113,277

144, 221
114, 706
123, 281
83, 215

78, 440
60, 363
63, 281
44, 447

65, 781
54, 343
60,000
38, 768

778,
865,
979,
965,

792
355
739
688

112,704
151,927
150, 182
151, 499

666, 088
713, 428
829, 557
814, 189

727, 725 521, 645
307, 567
447, 835

.219
.231
.269
.282

.166
.161
.171
.161

555, 823
650, 452

109, 183
124, 507

109, 173
104, 146

71, 135
59, 779

38, 038
44, 347

886, 713
884, 574
816, 743

138, 295
145, 919
146, 270

748, 418
738, 655
670, 473

522,003
546, 121

.256
.263
.293

.163
.176
.181

_

.

September
October
November
December

1925
3 anuary
February
March _
April

_

.

May__
June
July

can

v

492, 734
560, 043
668, 552
912, 990
950,
726,
547,
519,

-

717
227
529
646

wvuu otuijigr; nuiuiiigo, ivjjjuii/cu

made i n computing index numbers.
,
.
,
!
/
•
* Apparent consumption, including only meat produced under Federal inspection, has been computed from the inspected slaughter plus net imports less exports (including exports to Hawaii, Porto Rico, and Alaska) and the change in cold storage holdings.
• Wholesale prices are averages of weekly quotations as compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Monthly data on ham prices from 1919
appeared in September, 1923, issue (No. 25), p. 55.




Table 57.—O

JR MEATS
LAMB

BEEF

TOTAL MEATS

Wholesale prices B
ProducProduc- Cold- Apparent ProducApparent
Coldtion- Exports 2 storage
tion- storage
contionconsump- Good
Steer inspected
YEAR AND MONTH inspected
3
holdsumpinspected
tion *
native rounds. slaughter^ ings
holdings
tion
*
slaughter *
8
slaughter
*
steers,
No. 2,
Chicago Chicago
Thousands of pounds
av
av
ftv
av....
av
av

329, 810
314, 784
331, 971
383, 268
457, 910
522, 309

13, 625
12, 163
42, 609
32, 105
32, 502
64, 444

127, 200
192, 343
256, 523

1919 monthly av
1920 monthly av..._
1921 monthly av
1922 monthly av
1923 monthly av
1924 monthly av

448, 955
391, 387
371, 108
414, 045
427, 407
437, 667

32, 053
19, 545
15, 249
14, 456
13, 594
13, 286

237, 123
156, 117
99,623
68, 521
75, 689
79, 710

1933
May
June - .
July
August

439, 161
415, 703
405, 013
454, 813

13, 647
14, 941
14, 229
18, 179

September
October
November
December

440, 961
514, 441
459, 698
406, 801

Dollars per pound

Thousands of pounds

$0. 130
.136
.129
.138
.167
221

$0. 131
.133
.124
.130
.162
.221

45, 661
44, 623
38, 445
37, 564
29,120
31, 831

3,722
4,531
6,026

421,636
388, 330
362, 655
399, 314
415, 543
422, 065

.233
.230
.163
.150
.158
.171

.224
.213
.145
.145
.153
.152

38, 539
34, 399
41, 096
34, 820
37, 188
37, 540

8,291
20, 174
22,090
3,294
3,742
2,496

65, 023
57, 220
45, 893
46, 041

439, 532
408, 162
403, 123
437, 545

.145
.151
.158
.158

.146
.163
.185
.184

37, 446
33, 649
35, 138
35, 145

14, 997
14, 205
12, 086
9, 495

48, 187
63, 421
93, 166
105, 577

426, 500
487, 199
418, 887
385, 366

.175
.175
.175
.171

.173
.155
.136
.135

451,782
377, 326
378, 549
398, 288

9,899
11,669
12, 920
13, 827

102, 655
100,007
93, 274
78,423

445,453
369,064
373, 824
400, 595

.170
.170
.170
.170

May
June July
August

445, 590
382, 657
435,299
444, 732

13, 911
11,909
14, 029
14, 387

66,063
59,418
49,812
48, 878

446,141
378, 979
431, 101
431,905

September
October
November
December

481, 787
551,766
463,064
441, 160

16,375
16, 763
14,417
9,329

47,538
67,244
100,239
142, 964

1925
January
Februarv
M arch
April

480, 692
346, 086
425, 740
431,009

9,412
8,652
8,476
12,004

435, 890
418,082

14, 247
13, 212

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly
1918 monthly

1934
January
February
March
April

May
June _
July,
August

_

-

Septem ber
October
November
December

Apparent
consumption <

Coldstorage
holdings 3

852, 588
810, 258
894, 710
986, 523
936, 601
1, 137, 294

775, 465
866, 157
1, 137, 872

39, 125
87, 663
41, 776
35, 789
37, 568
37,509

1, 075, 591
965, 241
972, 417
1, 067, 141
1, 229, 773
1,196,039

1,166,373
1, 082, 636
883, 627
719, 409
916, 803
910, 279

845, 168
833, 686
845, 080
913, 505
1,037,821
1, 040, 303

4,445
3,556
2,752
1,785

38, 642
34, 213
35, 592
36, 154

1, 212, 830
1, 197, 936
1, 142, 781
1, 131, 269

1, 062, 769
1, 093, 177
1, 058, 383 917, 948

1, 075, 838
1, 017, 035
1, 019, 526
1, 088, 848

37, 059
37, 733
35, 495
38, 243

1,719
1,997
2,014
2,493

37, 619
39, 651
35, 592
37,709

1, 030, 129
1, 265, 529
1, 368, 200
1, 420, 762

735, 657
608, 119
707, 993
864,981

1, 026, 139
1, 220, 695
1, 09-1, 158
1, 061, 688

.139
. 145
.150
.155

42, 502
36, 1.58
34,642
33, 848

2,306
2,173
1,719
2,085

42,622
36, 173
35, 189
34, 162

1,471,250
1,257,358
1,178,891
1, 122, 650

989,981
1,043,876
1, 113, 123
1, 091, 157

1,138,438
984, 093
922, 115
990,351

.170
.168
.165
.165

.169
.175
.170
.169

37, 187
35, 097
37, 539
38,788

2,272
2,919
2,257
2,259

37, 179
34, 504
37, 905
38, 611

1, 203, 776
1, 154, 856
1, 204, 769
1,032,459

1, 087, 393
1,C87,495
1,012,326
886,684

1,078,072
1, 032, 122
1,113,418
1,005,477

467,034
515,746
415, 825
389, 108

.165
.172
.183
.183

.160
.136
.129
.125

42,548
43, 566
35,801
32, 803

2,525
3,166
3,326
2, 949

42, 208
42,847
35,600
33,106

1,017,069
1,155,375
1, 167, 417
1,386,953

699,434
610, 141
566, 798
849, 943

1,070,9&9
1, 195, 620
1, OPS 554
9IJ, 854

140, 705
130, 809
116,318
96, 223

473, 715
347, 367
421,760
439, 922

.183
.183
.183
.183

.133
.135
.148
.153

39, 655
34, 945
40,572
40,610

' 2,337
2,294
2,090
1,998

40,233
34, 955
40, 671
40,641

1,471,085
1,107,082
1, 014, 084
990,950

921, 834
998, 458
1,098,147
1, 063, 909

V, ^2d, 903
465, 939
028,398
852, 500

74,618
61, 554
49, 648

444, 321
419, 094

.178
.175
.178

.162
.173
.192

40, 698
36, 417

1,913
1,535
1 347

40, 709
36, 593

1,032,411
1, 104, 706

963, 244
947, 663
867, 738

i, 007, 033
1, 001, 758

-

•}
1

Production from animals slaughtered under Federal inspection reported by the U, S. Department of Agriculture, Bureau of Animal Industry, givefc as total dressed
weight, excluding meat from condemned animals. The slaughter under Federal inspection, according to census figures for 1919, amounted to 82 per cent tf the total number
of animals slaughtered in the United States in the case of beef and 91 per cent for lamb. Monthly data from 1920, including also exports, storage holdings and apparent
consumption
and prices, appeared in May, 1922, issue (No. 9), p. 95.
2
Exports, as reported by the U. S. Department of Commerce, Bureau of Foreign anaDomestic Commerce, include fresh, canned, pickled, and cureov beef, and oleo oil
and 3tallow,
Cold-storage holdings, reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics, are distinctly seasonal. 3&o fail&^uiice for this has been
made in calculating index numbers. Figures represent storage holdings on the last day of each month. Beef holdings include frozen, cured, and >P process of cure while
lamb4 holdings embrace frozen Iamb and mutton.
Apparent consumption has been computed from the inspected slaughter plus net imports less exports (including exports to Hhwatf, Porto Rico, and Alaska), and the
change
in storage holdings and includes meat produced under Federal inspection only.
8
Wholesale prices are averages for the month from U. S. Department of Labor, Bureau of Labor Statistics.




86

Table 58 —CONDENSED AND EVAPORATED MILK

Total

Condensed

Evaporated

Condensed

Total

Total

Case
goods

Case Bulk Case Bulk
goods goods goods goods

Evaporated

Bulk
goods

Case
goods

Case
goods

Bulk
goods

Case
goods

1

Powdered

Evaporated

EXPORTS »

Evaporated

Condensed
YEAR AND
MON£H

UNSOLJ* STOCKS 1

TOTAL STOCKS *

Condensed

PRODUCTION!

Thousands of pounds

131, 501
122, 014
119,279
147,907
141, 712

29,008
16, 987
19, 531
16, 567
15, 777

8,979
7,365
8, 862
12, 258
12, 001

82, 117
85, 798
79, 457
104, 963
100, 109

11, 398
11, 864
11, 430
14, 119
13, 825

235, 138
173, 926
137, 225
166, 022
186, 925

56, 515
31, 375
21, 166
20, 181
19, 236

19,701
17, 999
9,875
18, 505
16, 727

158, 214
123, 661
105, 872
127, 089
150, 693

123, 436
116, 560
87, 342
104, 558
132, 998

29,083
23, 346
14, 833
13, 429
14, 119

11, 846
13, 142
7,504
11, 142
8,870

81,890
79,207
64, 711
79, 750
109, 751

34, 252
24,140
16, 141
16, 392
17,628

4, 734 , 10,391
4,781 11, 407
5,331 11,837

518
203
461

June
July..
August

173, 234
178, 881
135, 519
119, 046

34, 706
32, 211
14, 334
15, 845

14, 505
15, 987
9, 790
7,447

107, 521
111,895
94,344
81,205

16, 502
18, 788
17,051
14, 549

173, 817
187, 387
161, 846
158, 370

25, 032
22, 125
21, 014

20, 499

12. 520
23, 123
22, 591
17, 939

135, 895
141, 620
117, 581
119, 624

140, 735
117, 686
101, 435
108,770

21, 775
16, 744
15, 529
14, 251

9,360
16, 261
17, 980
15,999

109,238
84,331
67, 274
78, 217

16, 625
16, 530
9,207
11, 537

6,678
4,817
3,387
3,220

9,032
10,890
5,436
8,027

915
823
384
290

September
October
November
December

104, 308
109, 507
86, 112
93,107

15, 359
19, 896
13, 963
11, 613

7,605
7,960
6,658
9,355

69,245
74, 106
58, 513
64,969

12, 099
7,545
6,978
7,170

122, 716
86, 788
69, 042
67, 144

19, 196
19, 988
17, 077
16, 145

11, 642
5,105
1,886
2,463

91, 642
61, 540
49, 995
48,406

53, 951
17, 320
13, 621
21,200

10, 663
8, 435
8,356
9,692

9,992
4,127
957
1,218

33,064
4,609
4,229
10, 164

10, 680
16, 249
12, 310
10, 137

3,023
3,529
5,210
3,430

7,526
12, 537
6,794
6,420

131
183
306
287

January February
March . _. _
April
.

113, 461
108, 490
131, 254
170, 078

13, 645
12, 004
18, 336
23, 851

11,414
10, 222
11, 579
13,604

78,903
77, 908
89,001
118, 192

9,499
8,356
12, 338
14, 431

79, 494
83, 815
100, 890
126, 530

17,938
13, 710
13, 554
19, 526

4,446
6,387
6,748
8,963

56,987
63, 581
80, 391
97,808

33, 121
43, 004
57, 183
77, 566

12, 380
7,069
8,436
12, 336

1,925
1,947
1,982
2,715

18,701
33,864
46, 596
62,289

10, 536
12, 928
20, 372
18, 317

3,500
3,015
4,675
4,743

6,739
9,704
15, 359
13, 433

297
209
338
141

May
June
July .
August

201,726
228, 545
191, 905
152, 781

23, 674
19, 869
16, 776
12, 142

18, 915
19, 009
14, 657
12,232

138, 350
160, 923
139, 687
111, 181

20, 787
28, 744
20, 785
17, 226

169, 285
190, 343
194, 350
227, 826

25, 329
26, 157
27, 183
25, 869

13,958
23, 455
31, 853
30,390

129, 658
140, 238
134, 886
171, 332

116, 580
105, 712
120, 171
151, 994

18, 854
13, 842
19, 770
18, 241

7,765
16, 228
22, 596
20,250

89,628
75,230
83,384
113, 245

16,366
11, 318
10,805
11, 359

5,741
4,492
4,383
4,612

10, 402
6,696
6, 186
6, 648

223
130
236
99

September
October
November
December_.,_-

135, 158
133, 486
105, 663
102,334

11,867
15,909
13, 732
17,001

9, 868
10, 015
7, 675
7,906

99,599
98,175
76, 900
70, 736

13, 824
9,387
7,356
6,691

225, 940
211, 334
191, 149
191, 312

22, 582
18, 770
16, 180
15, 368

29,703
23,741
22, 163
20,250-

173, 443
168,616
152, 553
155, 574

139, 786
132, 865
129, 428
141,289

14, 635
12, 978
11, 225
11, 385

18, 536
14,448
11,803
13, 523

106,441
105, 248
106, 150
116, 262

14, 563
17,763
22, 402
29,969

5,070
5,225
6,782
5,139

9,374
12, 314
15, 399
24,631

119
224
221
199

January ._ >
February
March _
April

101,033
109,000
136,963
159,648

14, 723
14, 684
18, 134
20, 616

7,955
8,220
10, 774
13, 596

70,467
76, 791
96, 658
112,303

7,888
9,305
11, 397
13, 133

155, 349
138, 362
127, 464
142, 838

11, 000
13, 480
12,220
18,064

18, 079
13, 376
11,918
12, 720

126, 103
111,353
102, 997
111,816

106, 008
86, 427
81, 050
100, 802

6, 412
4,855
7,264
14, 774

12, 395
6,979
5,971
5,595

87,048
74, 450
67, 499
80,201

33,838
21, 331
12, 735
15,548

8,077
5,105
5,116
5,926

25, 546
15, 922
7,396
9,379

215
304
223
243

Ma.v._
June
July
August __ .

-204,632
216, 458
195, 529
139, 330

22, 622
16, 539
14, 491
10, 657

18, 264
19, 234
16, 096
10, 893

147, 236
160, 405
141, 507
95;348

16, 510
20,280
23, 885
22, 432

199, 602
288, 459
282, 431
242, 543

25,088
23, 481
33, 007
27, 375

19, 031
30, 257
24, 093
20, 833

155, 163
234, 288
224, 960
194, 066

153, 926
230, 769
213, 166
185,584

21,722
20, 792
28, 002
22, 759

9, 710
20, 071
11, 532
9,733

122, 174
189, 528
173, 260
152, 824

14, 290
11,712
13, 779
16, 339

6,986
4,690
4,819
5,392

6,933
6,771
8,782
10, 502

371
251
178
445

126,051
September
121,329
October
November.-.. 93, 363
December
97, 212

14,040
17, 616
13, 325
11, 876

11,078
9,363
8,688
9,849

88,140
83, 125
62, 578
67,202

12, 793
11, 223
8,772
8,285

202, 977
180, 054
159, 593
123, 428

22, 616
18, 070
14, 604
11, 830

15, 476
13,974
11,802
9,161

164, 538
147, 596
133, 093
102, 337

141,633
132, 579
117, 590
46,445

16, 766
13,282
10, 650
2,149

7,744
6, 330
6,212
4,168

116,808
112, 553
100, 639
40,032

20, 374
23, 862
16, 384
11, 349

4, 192
6,265
4,306
3,096

15, 892
290
16, 335 1,262
10, 818 1,260
7,766
487

January
February
March
April

91>205
90,869
110,565
140, 713

12,208
12, 321
13, 554
17, 585

7,066
5,956
5,537
5.683

71, 857
72, 460
91,309
117, 321

35,.318
47, 323
69, 330
103, 895

2,209
2,628
1,702
8,273

3,113
2,407
2,557
2,504

29, 929
42, 187
.64, 936
63,000

10, 987
10, 988
9,386
13, 452

4,701
2,961
2,674
3,757

5,952
6,700
6, 417
9,490

335
386
295
205

May

1.93; 307
185, 626

31,035
43, 233

10,363
13, 241

151, 120
129, 738

154, 681
102, 207

22, 711
31, 622

6, 632
7,614

125, 092
12, 561

14,537
18, 499

3,519
3,560

10,732
14, 653

286
286

1920 mo, av
1921 mo. av
1922 ino. a v _ _ .
1923 mo. av__.
1924 mo. av__.

1933
May.

1933

1934:

1935

June
July
August
September
October. _
November.- .
December

i
i

1
Date on production and stocks from U. S. Department of Agriculture, Bureau of Agricultural Economics, representing practically complete data for the industry. Production figures are reported only every three months, while stocks are available currently. Stocks, both total and unsold, are given as of the end of each month, stocks
of evaporated bulk goods being included in each total, but omitted in detail on account of the small quantities usually held. Condensed milk is sweetened by the addition
of sugar
while evaporated milk is simply milk reduced in volume. The bulk goods are generally destined for bakeries, etc., while case goods are for the retail trade.
2
Exports are from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Prior to 1922, when separation was made into classes, the total exports
did not include powdered milk. Monthly averages of total exports for years 1913 to 1919, inclusive, appeared in November, 1924, issue (No. 39), p. 131.




87

Table 59.—DAIRY PRODUCTS
FLUID MILK*

ICE '
CREAM

Production,
Boston 'MinneGreater (includapolis,
New
ing 3
"St.
York 2 cream
Paul 4

^Production i

Thous.
of cans,
40 qts.
each

Thous.
of gals.

.BUTTER

Receipts

YEAE AND MONTH

Thous.
of qts.

Thous.
oflbs.

Production*

Cold
Receipts storage WholeProsale
hold- priee,
at 5
aucmarings
mar- tion*
kets « (cream- 5kets*
ery) ^

Thousands of pounds

1913 monthlv average-1914 monthly average
1915 monthly average -1916 monthly average. 1
1917 monthly average *
1918 monthly average. I

1, 496
1, 513
1,590
1, 613
1, 052
1,763

11, 727
12, 193

5, 715

10, 470

63, 293
66, 107

1919 monthly average- 1
1930 monthly average- <.
1921 monthly average _ i
1922 monthly average -^
1923 monthly average-1924 monthly average. .

1,873
2, 036
2,144
2,232
2,461
2,491

13; 059
13, 865
14,116
14,- 878
15, 391
15, 930

7, 145
7, 786
•12,141
13, 224
18j 036
21, 462

11] 098
12, 357
12, 193
13, 108
15, 284
15, 130

70,833
71, 965
87, 912
96, 126
104, 268
113, 007

2, 550
•2,747
3,562
2,479

17,051
17,9C6
16, 703
15, 653

;

20, 526
20,973
18,630
17, 742

19, 667
29; 034
31, 137
25, 937

134,
158,
148,
120,

2,411
2,403
2,282
2,335

14,928
15,738
14, 783
14, 795

16; 067
15,684
17, 559
20, 491

1924
January February
March
April

2,362
2,337
2,470
2,396

14, 684
14,031
15,718
15, 862

May
June July
August

2,577
2, 637
2,684
2,646

September
October
November
December
1935
January
February
March.
April

EGGS

CHEESE

Dols,
per
pound

51, 588
54, 572
49, 737

Cold

Cold Whole- Ee- storage
Receipts storage
sale
eeipts 'holdat 5
holdprice,
at 5
marings
ings 7 5 mar- markets « (Am.)
(case
kets » kets*
eggs)'

Thousands of pounds

Dols.
per
pound

Thousands
of
cases 10

28. 125
47,590
34, 633

22,079
20, 607

3, 069
3,504
3,367

38, 336
33, 563
39, 012
43, 893
•45,448
48, 956

67,229
59,754
56, 623
59, 959
47, 074
81, 669

$0,593
.588
.429
.403
.464
. 418

23, 486
21, 224
21,811
23, 567
26, 024
27, 398

16, 189
14, 055
16, 693
16, 655
18, 254
17, 921

41, 442
37, 559
30, 066
30, 675
39, 579
49, 471

SO. 310
.280
.216
.211
.241
.203

1,224
1,079
1, 251
1,335
1, 391
1,284

4, 156
3,261
4,171
5, 137
5, 355
4,597

350
371
278
802

54, 248
75, 970
63. 694
47, 497

10, 112
62, 768
101,774
102, 731

.417
.403
.397
.441

33, 351
42, 038
38, 873
32, 111

18, 963
25, 407
25, 674
21, 680

17,507
30, 834
55, 839
63, 960

.223
.238
.234
.244

2, 852
2, 066
1,349
1,180

7,890
10,222
10,509
9, 883

17, 630
12, 725
7,495
7,087

102, 273
89, 297
74,900
77, 254

41,625
38, 272
33,525
34, 888

96, 117
76,- 472
51, 508
30, 299

.434
,479
.511
.530

28,810
25,881
18, 522
16, 920

18, 619
21, 325
16, 557
13, 268

62, 384
57, 927
55, 105
49, 568

.256
.258
.248
.230

988
844
555
587

8,737
6,645
4,028
1,927

21, 636
21, 710
23, 735
23, 185

6, 118
7,119
9, 597
13, 883

87, 468
86, 731
95, 760
106, 012

37, 451
40, 221
44, 082
43, 579

15, 246
9,837
7,842
8,913

. 519
.499
.•462
.384

18,048
19,260
23,341
23, 031

13, 899
16, 091
16, 540
16, 174

40,506
35, 223
28, 234
28, 202

.225
.221
. 210
.182

713
1,007
1, 654
2, 539

600
44
579
3,563

17,263
17,317
18,448
16, 846

25,503
25, 913
22, 676
19, 009

19, 394
27, 783
29, 593
27, 790

139,954
161,992
; 164, 443
137, 836

56, 037
77, 487
77, 708
-57, 282

22, 328
74, 184
130; 402
156, 232

.383
.401
.396
.385

34, 103
43,975
31, 236
33, 903

19, 030
22, 043
25, 142
19, 996

27, 148
45,239
.- 65, 716
76, 431

.184
.195
.196
.197

2,544
1,870.
1, 431
1, 043

6, 944
8,685
9, 264
8,751

2,501
2,550
2, 403
2, 43 4

15,861
15,506
14,926
14, 701

:18, 131

15, 493
10,970
7, 697
6,127

115, 102
100,538
V7, 282:
82,964

47, 467
41, 949
30, 161
33, 155

: 153, 494
135, 018
100,832
65, 694

.342
.385
.418:
.440

30, 766
26,420
17, 404
15, 283

18, 854
17, 479
14, 883
14, 921

73,153
67, 905
58, 705
49, 187

.203
.197
.202
.221

876
747
456
524

7,409
5,267
3, 102
1,050

2, 413
2, 281
3,603
2,500

14, 528
14, 149
16, 472
16, 663

22, 488
• 21, 765
24, 879
24, 747

37,781
35, 181
40, 725
42, 141

45, 748
28, 789
10, 875
3,739

. 414
. 412
.467
.437

15, 202
12, 845
14, 898
15, 436

41,653
34,:647
27, 716
26, 147

.228
.229
.226
.224

618
1,177
1, 846
2, 563

81
21
1,240
4,872

2,676
2,902

17>472

28, 763

56, 838

13,036
63, 687
109, 041

.420
.429

18, 530
24, 025

29, 550
46, 468
66, 661

.214
.226

2, 193
2,025

7,712
9, 482
10,020

1923
May
June _
July
August

September __
October
November _
December

May
June
July
August

.

18,343
17,576
20, 132

74, m

September
October
November
December
1i
1

Monthly data from 1920 on receipts at New York and Boston and production in the Twin-City district appeared in July, 1922, issue (No. 14), p. 46. Eeeeipts at
Philadelphia
from 1920 were given in September, 1922, issue (No. 13), p. 50, and later data in August, 1924, issue (No. 36), p. 155.
2
Receipts
of milk, excluding cream, in the metropolitan area around New York City, including many large cities in New Jersey, from the Milk Reporter.
3
Receipts of rnilk at Boston by rail, including cream, from the Massachusetts Department of Public Utilities.
<5 Production of whole milk by members of the Twin City Milk Association, including most of the area within a 40-mile radius of Minneapolis and St. Paul.
Data from U. S. Department of Agriculture, Bureau of Agricultural Economics, representing practically complete production, but reported only every three months.
• Compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, covering Boston, New York, Philadelphia, Chicago, and San Francisco, and representing
total of weekly figures with first and last weeks of month prorated. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 43.
7
Cold-storage holdings at end of month reported by t. S. Department of Agriculture, Bureau of Agricultural Economics.
s Average of weekly prices of creamery butter, 92 score at Boston, New York, Philadelphia, Chicago, and San Francisco, as compiled by U. S. Department of Agriculturet
Eureau of Agriculture.
» Average of weekly prices of American cheese, No. 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco, as compiled by U. S. Department of
Agriculture, Bureau of Agricultural Economics.

10 One case of eggs equals 30 dozen, or about 4.5 pounds net.


Table 60—SUGAR

Receipts,
Stocks
LouisiImports1 ana crop Meltings a at refineries *
at New
Orleans *

YEAR AND MONTH

WHOLESALE
PRICE <

EXPORTS i

RAW SUGAR

175,664
201, 437
196, 569
205, 716
183, 802
192, 219

16,184
10, 109
8,501
14, 050
9,545
7,286

1919 monthly average
1920 monthly average .
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

261, 149
298, 685
229, 266
361, 789
275, 249
306, 266

8,154
4,704
8,812
9,236
14, 102
6,601

326, 547
334, 981
296, 130
429,002
345, 730
378, 937

367, 891
310, 712
214, 462
202, 336

663
585
1,076
1,368

199, 870
278, 575
163, 211
110, 143

._

CUBAN MOVEMENTS (raw)

GranuRefined, Raw,
96°
lated, Granu- Index, Receipts,
Includ- centrifin
lated,
51
Cuban
ing
ugal,
fobls., N.Y. cities
ports
maple
N.Y.
N.Y.
Dollars per pound

Long tons

1909-1913 monthly average
1913 monthly average.
1914 monthly average _ »
1915 monthly average
1916 monthly average
.
1917 monthly average.
1918 monthly average

RETAIL
PRICE *

Exports

Rel. to
1913

Stocks,
end of
month

Long tons

2,953
1,926
14,524
35, 838
68, 812
37, 602
15, 152

$0. 035
.038
.047
.058
.063
.064

$0. 043
.047
.056
.069
.077
.078

$0.049
.053
.059
.075
.088
.094

100
1,08
120
146
169
176

134, 225
125, 726
210, 908
246, 245
201, 780
272, 066

129, 447
120, 972
209, 971
237, 004
204,422
265, 707

242, 583
280, 333
364, 179
436, 913
308, 662
592, 065

115, 706
106,017
158, 830
191, 101
175, 770
184, 473

54, 891
34,371
34,739
68,341
16, 520
16, 381

.075
.130
.048
.047
.070
.060

.089
.126
.062
.059
.084
.075

.104
.182
.077
.066
.094
.084

205
353
146
132
184
167

328, 360
288, 281
291, 342
357, 892
290, 609
332, 554

323,441
274, 811
233, 140
428, 302
290, 065'
332,035

647, 341
410, 287
1, 047, 721
617, 799
395, 339
455, 115

497, 171
368, 265
295, 820
288,729

322, 457
291, 670
224, 054
196, 867

43, 679
31, 669
3,181
2, 624

.079
.074
.069
.061

.094
.092
.085
.076

.103
.104
.096
.090

204
202
191
175

325, 989
180, 501
80,087
64,879

399, 021
272, 957
154, 726
148, 237

708, 909
590, 209
523, 687
429, 588

1,998
22, 680
37, 805
66, 014

25i; 370
389, 199
238, 499
191, 942

209, 375
116, 502
62, 839
66, 788

4,293
2,772
3,060
1,853

.070
.076
.073
.073

.082
.090
.087
.088

.089
.099
.097
.100

175
193
187
189

62, 810
68, 671
9,920
39,076

209, 473
244, 986
83,150
44, 668

285, 547
132, 203
31, 246
22, 162

230, 919
409, 553
466, 527
384, 952

22, 262
1,769
152
174

255, 319
432, 605
442, 775
426, 954

58, 682
110, 081
249,064
283,541

3,499
7,181
14, 413
25, 342

.067
.072
.069
.064

.084
.087
.085
.079

.096
.095
.096
.091

185
187
189
181

520, 357
738,587
856,028
634, 044

323, 807
527, 741
613,482
380, 108

240, 622
437, 958
660, 388
917,954

370, 001
326, 913
377, 399
269, 500

347
331
672
1,010

440, 208
454, 313
507,318
450, 158

342, 197
337, 110
313, 796
216, 277

80, 055
22,329
22,054
39, 097

.056
.051
.051
.054

.073
.065
.066
.066

.083
.074
.074
.073

167
151
153
149

375, 924
141, 668
168, 812
164, 990

376, 019
295, 007
366, 297
315, 282

929,239
788, 141
570, 802
432, 123

307, 838
242, 353
155, 161
134, 073

457
163
14, 057
37, 812

419,818
344, 404
221, 836
151, 541

154,835
66, 522
32, 172
49, 393

24, 510
5,388
1,843
863

.060
.060
.058
.053

.071
.073
.073
.072

.078
.081
.082
.080

156
160
160
160

159, 772
85, 762
43, 574
101, 126

333,991
194, 683
148, 987
109, 020

273, 426
145, 422
41,460
23,850

274, 510
372, 911
446, 354
486, 599

2,996
403
432
518

299, 040
413, 742
539, 058
542, 264

83,659
123, 302
184, 668
282, 892

7,056
14, 108
21, 455
20, 284

.046
.046
.047
.045

.061
.058
.059
.056

.073
.070
.069
.067

147
140
140
136

637, 599
833, 934
876, 210
836, 676

375, 213
504, 146
677, 797
536, 148

293, 891
623, 658
802, 936
1, 158, 245

407, 005
387, 263

102
623

460, 822
478, 833

325, 906
376,868

32, 258
34, 699

.643
.044
.043

.055
.055
.053

.062
.062

131
131

615, 616
309, 213
201, 791

447, 557
487, 380
336, 775

1, 290, 663
1, 121, 345
970, 025

1933
May
June
July
August

_

September _
October
_
November
December

._

1934
January .
February
March
April
May
June
July .
Au°ust

...

...

September
October
November
December

_ __
__

1935
January
February
March
April
May
June

.

July

i

1

is Imports of raw sugar and exports of refined from 17. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
Receipts of the Louisiana cane crop at New Orleans from the Statistical Sugar Trade Journal.
3 Meltings of raw sugar by refiners compiled by the Statistical Sugar Trade Journal represent operations at the eight ports of Boston, New York, Philadelphia, B
Savannah, New Orleans, Qalveston, and San Francisco, the Baltimore figures being added in 1921 upon completion of refinery in that city. The figures from the fouiS
North Atlantic ports are actual monthly totals; those for San Francisco, Savannah, and Galveston are prorated from weekly totals; while the New Orleans figures are prorated from partly estimated figures. Stocks represent the amount of raw sugar in the hands of refiners and of certain importers (the bulk of stocks being in refiners' hands)
at the end of each month for the four North Atlantic ports and on the Saturday nearest to the end of each month for the other ports, the total being considered as of thelast day of the month. Details of meltings and stocks, by ports, are given in the Statistical Sugar Trade Journal; also classification as between importers' and refiners' stocks.
* Wholesale price of raw sugar, duty paid, wholesale and retail prices of granulated sugar in New York, and retail price index for 51 cities from V. S. Department of Labort
Bureau
of Labor Statistics.
6
Statistics of receipts at Cuban ports, exports from Cuba, and stocks at Cuban ports from Statistical Sugar Trade Journal. Monthly data from 1920 appeared in the
June, 1922, issue of the SURVEY (No. 10), p. 49.




89

Table 61.—COFFEE, TEA, POULTRY, AND FISH
COFFEE i

TEA

Clearances from
Brazil
Imports Imports
Receipts
into
into
In
United
To
United
United Brazil Total United States
States *
a
States
States

Visible supply,
end of month
YEAR AND MONTH

World
total

Thousands of bags
1909-1913 monthly average .
1913 monthly average
1914 monthly average
1915 monthly average...
1916 monthly average
1917 monthly average
1918 monthly average

11,819
11, 371
9,468
9,280

POULTRY

Re-

ceipts

at 5
mar-

kets B

Coldstorage
holdings
(end of
month) 4

FISH

Total
Coldcatch, storage
prinholdcipal
ings
fishing5 (15th of4
ports
month)

Cases

Thousands .of pounds

1,835
1,577
1,727
2,017
2,611
1,851

935
1,151
1,072
1,249
1,009
1,261

990
1,207
1,103
1,261
1,014
813

393
491
474
544
610
536

75, 659
71, 044
84, 256
102, 438
97, 241
107, 209
91, 788

8,241
7,418
8,151
8,842
8,814
10, 566
11,044

831
891

111, 130
108, 118
111, 956
103, 837
117, 321
118, 047

6,747
7,567
6, 374
8,093
8,927
7,700

13, 394
16, 447
17, 110
17, 927

Canned
salmon
shipments 6

7 13, 518
7
13, 549
f 14, 300
16, 936

15,999
44, 032

18, 549

62, 501

64, 798
46, 146
50, 278
54, 276
68, 045
64, 983

17, 358
15, 675
13, 608
16, 260
16, 023

61, 764
44, 355
35, 311
36, 210

17,005

45,037

467, 086
471, 438
541, 786

57, 274

49,100
41,250

15, 392
16, 931
20, 991

34, 131

20,834

12, 312
17, 870
27, 237
39, 101

253, 212
445, 127
390, 688
653, 480

53, 220
62, 616

834, 304
962, 709
648, 648
403, 992

1919 monthly average . . .
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

7,941
8,913
8,730
5,863
4,837

1,213
1,695
1,686
1,087
903
726

762
558
1,064
894
916
1,186

1,0034
1,036*
1,175
1,157

359
637
513
499
625
582

1923
May
June
July
... .
August

5,451
5,297
5,524
5,777

826
860
798
716

298
577
1,031
1,269

679
717
773
1,543

356
309
339
803

90, 416
71, 140
69, 541

72,966

6,406
6,710
9,609
9,569

5,742
5,325
4,694
4,293

944
944
884
712

1,265
1,265
1,189
1,214

1,664
1,812
1,371
1,288

890
968
748
756

116, 781
141, 336
164, 947
143, 196

12, 921
14, 259
12, 287
13, 722

18, 514
28, 235
57, 154
74, 869

33, 142
40, 363
63, 274
93, 434

20,259

January _
February
March
April

4,198
4,183
3,892
4,351

670
571
652
634

1,235
1,054
1,109
1,131

1,134
1,297
1,015
728

505
635
676
463

137,397
109,994

7,831
5,182
6,075
5,922

37, 915
27, 339
20, 630
15, 511

99, 486
93, 497
76, 067

10, 259
16, 772
17, 555
16, 535

52, 627
40, 421

May
June
July
August

4,665
5,020
4,351
5,183

657
760
873
966

1,073
1,110
540
1,539

940
1,039
997
1,455

466
634
406
566

121,600

4,173
6,344
7,929
8,638

17, 473
18, 128
19, 973
17, 708

39, 247

15, 446
18, 334
22, 592
20, 018

21, 840
26, 986
36, 036
49, 113

200,300

6,653
5,734
5,661
5,388

738
772
803
611

1,672
1,536
1,249
980

1,419
1,730
1,210
923

713
827
668
630

9,079
11, 794
10, 751
8,688

20,093

40, 070
55, 139
87, 939
133, 990

19, 937
20, 215

56, 607
67, 025

14,040

70,406

12, 353

68, 325

928, 769
1, 085, 539
687, 168
614, 164

January
February
March
April

6,290
5,112
5, 329
5,353

713
652
888
695

874
765
889
715

1,042
756
770
679

623
377
462
278

109,048

7,661
6,084
7,417
4,786

28,402

138, 189
130, 513
108, 608
82, 732

11,028

55, 308
42, 878

May
June
July
August

5,123
5,009
5,126

537
713
804

498
716
1,094

618
1,242
1,235

292
676
701

79, 548

4,183
4,819

16, 354
17, 918

. ..

September
October
November...
December

_.

18,239
21, 355

23,559
28,397
30, 265

19, 954
15, 624
12, 119

45,296

63,458
64,290

1924

.

September
October
November
December

._.

127, 771
111, 957

110, 101
136, 627
113, 526

83,637
133, 497
116, 349
114, 113

27, 263
61, 784
79, 368

52,068
34,886
33, 542
33, 862

29,571
21, 489

300, 041
416, 378
294, 706
195, 188

337, 809
660, 591
780, 775

1925

.

79, 992
135, 167
86, 097

87,967

19, 900
15, 318
13, 539

68, 126
58, ,562
53, 505

18, 181
23, 708
18, 143
17, 167
25, 221

22, 442

394, 433
371, 422
203, 520
113, 206

23, 570
31, 959

132, 926
279, 022

29,633

. ..

September
November
December

._..

1
Data on coffee, except imports, from the New York Coffee and Sugar Exchange (Inc.). Receipts in Brazil cover the ports of Rio and Santos while clearances are from
JRio, Santos, and Victoria, and in the case of the United States, from Bahia also. A bag of coffee averages 132 pounds. Monthly data for 1920 and 1921 appeared in May,
1922,2 issue (No. 9), p. 102, and for 1922 in May, 1924, issue (No. 33), p. 156.
Imports of coffee and tea from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
3
Receipts at the markets of Boston, New York, Philadelphia, and San Francisco compiled by the U. S. Department of Agriculture, Bureau of Foreign and Domestic
Commerce,
are totals of weekly figures with overlapping weeks prorated. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 43.
4
Cold storage holdings at principal warehouses compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics. Poultry holdings are given as of the
end 5of the month, with fish holdings as of the 15th of the month.
Fish catch, representing landings of fresh fish from vessels at Boston and Gloucester, Mass., Portland, Me., and Seattle, Wash., compiled by 17. S. Department of
Commerce,
Bureau of Fisheries. Details by ports are given in monthly statements. Monthly data from 1920 appeared in May, 1922, issue (No. 9), pp. 97 and 93.
8
Shipments of canned salmon from Puget Sound, Astoria, Portland, Oreg. (except small rail shipments), San Francisco, and in bond through Prince Rupert, B. C.
representing practically complete pack of the United States, including Alaska, reported by Pacific Canned Fish Brokers' Association, in cases of 48 one-pound cans to the
care.7
Excluding Portland and Seattle.




90

Table 62.—TOBACCO
UNMANUFACTURED

MANUFACTURED PRODUCTS
Wholesale
price «

Stocks <
(quarterly)
Sales,
Production loose-leaf
Exports, Chewing,
leaf 3
ware- 3
estimate) * houses
smoking,
snuff, and
export
types

YEAR AND MONTH

Cigar
types

Burley,
good
Total,
Including
leaf,
imported dark red,
Louistypes
ville
Dollars
per 100
pounds

Thousands of pounds
1909-1913 monthly average
1913 monthly average
1914 monthly average
1915 monthly average. .
1916 monthly average

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average . - .
1923 monthly average.
1924 monthly aver age
1023
September.. .
October
November
»
December

—
..« -

996, 176
953, 734
1,034,679
1, 062, 237
1, 153, 278
1, 249, 276

31,417
36,754
28,827
35, 877
39,784
21,186

810,469
835,462
915, 452
821, 564
923, 240

369, 802
344, 971
361, 114
286,007
275, 770

1, 234, 014
1, 224, 524
1, 343, 396
1, 165, 332
1, 250, 801

$13. 20
14.65
13.79
15.23

1, 439, 071
1, 465, 481
1, 582, 225
1, 069, 693
1, 246, 837
1,515,110
1, 242, 623

e 82, 149
65,280
74, 254
41, 601
42, 028
40,261

33, 656
63,826
38,946
42,946
35,907
41, 434
48, 005

975, 427
1,030,642
1,026,109
1, 227, 487
1, 121, 075
1, 207, 714
1,329,960

291, 214
303, 343
327, 185
344, 617
386,091
404,584
410, 435

1, 337, 747
1, 402, 525
1, 440, 507
1, 650, 022
1, 587, 422
1, 689, 639
1, 814, 686

36.57
32.35

1,550,716
1, 461, 711
1, 436, 738
1, 515, 110

70,901
82, 222
98,317
94,488

38,487
46, 927
53,734
55,707

1,086,985

393, 489

1, 562, 225

1,219,694

358, 256

1,651,930

76, 986
48, 019
24, 108
4,800

50,528
42, 590
65,798
63,732

1, 240, 513
1,202,350

4,795
1,698
591
33,434

43,950
55, 854
33,813
34, 805

1,195,099
1,181,620
1, 360, 661
1,242,623

68,075
83,090
66, 854
71,S76

37,907
56,821
45, 722
44,545

93,551
, 51,833
14, 556
4,307

36,150
24, 127
32, 475
30,850

1,1.56
239

22,415
27, 460

Consumption «
(tax-paid withdrawals)
Manufactured
tobacco
and
snuff 3

Large
cigars

Thousands of
pounds

Exports 3

Small
cigarettes Cigarettes

Thousands

36,990
36, 745
36, 863
38,847
40, 248

630, 959
597, 849
549, 932
586,844
629,991

1,296,308
1,404,636
1, 497, 029
2,107,525
2, 944, 272

193, 234
200,602
173, 015
354,889
584,977

29.28
27.50
27.78
26.03

41,423
35,339
33, 324
32,208
35,019
34, 342
34,390

587,796
589, 363
661,418
563, 218
574,383
583, 241
554,867

3, 888, 075
4,426,649
3,720,072
4, 240, 181
4,463,752
5, 370, 890
5,917,368

1, 012, 128
1, 350, 981
1,319,489
711,973
956,334
1, 027, 303
882,616

28.00
28.00
28.00
28.00

33,881
36,382
33,380
26, 232

598, 817
711, 655
650, 687
491,359

5,567,397
6, 277, 169
5,361,419
4, 428, 119

1,. 221, 7$5
1, 022, 282
958,309
1,071,079

28.00
28.00
28.00
28.00

38, 191
35,353
34,847
32,866

504, 024
498, 796
515, 895
501, 422

6,256,784
4, 854, 526
6, 268, 703
5, 323, 295

989, 742
661, 558
656,093
1, 135, 192

28.00
25.38
24.50
24.50

34,948
33, 565
34,407
34,959

553, 320
562, 732
595,063
573, 627

6, 391, 992
6, 455, 228
6, 583, 240
6, 315, 641

1, 164, 533
1,215,852
744 575
782, 420

24.50
24.50
24.50
24.50

36,715
38,043
30,210
28, 571

605,608
635,231
601, 413
611, 277

6,273,217
6,488,187
5, 356, 074
5, 441, 526

867,829
697, 089
838,842
837,663

24.50
24.50
24.50
24.50

35,457
33, 172
34, 346
34, 15£

474, 803
451, 562
504, 304
493, 775

6, 652, 475
5, 681, 227
6,270^421
6,048,354

707,071
734, 952
720, 837
969,566

24.50

34,338

514,509

6, 465, 490

1,004,479
709,665

22.30

34.18

1934

January
February
March .
April
May
June
July
August

„

.
. ..

.
--

..

September.. . ,«...
October. _
.
November
December.. .

...
. .

1,485,969

420,936

1, 976, 569

1, 327, 852

442, 696

1, 843, 737

1,239>9S6

407,066

1,724,767

1,266,082

371, 043

1,713,670

1, 522, 217

422, 966

2, 035, 678

1,337,784

423, 975

1, 847, 225

1935

January
February
March
ADril..'
May
June
July
August

.

...

1, 282, 916
1, 234, 096

25. 00
25 00

September
October
November
December
1
Estimate of production of the tobacco crop from the U. 8. Department of Agriculture, Bureau of Agricultural Economics. The annual figures represent the latest revised
estimates of the year's total crop, not monthly averages, while the monthly figures represent the current estimate of the total crop for the year made the first week of each
month.
Revisions of the December estimate for each year are made in December of the following year.
2
Sales of tobacco from loose-leaf warehouses compiled by-the Federal Reserve Board, Division of Research and Statistics, from reports of State authorities of Kentucky,
North Carolina, South Carolina, and Virginia, which States grow about 75 per cent of the total tobacco crop. Sales from Kentucky were not available for the first six:
months of 1919, so that the year's figure is partly estimated by estimating the Kentucky figures for the first half year as ecjual to the sum of the sales in the other reporting
States,
3 which is approximately the normal proportion of Kentucky sales to the total.
Exports from the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce.
4
Stocks of leaf tobacco held by manufacturers and dealers compiled by the CT. S. Department oj Commerce, Bureau of the Census. During the years 1913,1914,1915,
and 1916 the data were collected semiannuaily in March and September, the quarterly collection commencing with December, 1916. Therefore the averages for the years

ment of tax or domestic consumption. The figures for maruifaeturexi tobacco and snuff comprise plug, twist, fine-cut, and smoking tobacco and snuff. Figures for cigars
are those for large cigars, weighing over 3 pounds per thousand, while for cigarettes, small cigarettes are taken, weighing 3 pounds per thousand or less; in both cases the
series taken represent over 90 per cent of the totals for each class.




gtf
Table 63.—OCEAN TRANSPORTATION
SHIP CLEARANCES!

VESSEL LOSSES 2
(quarterly)

Completed during
month 3

Vessels in foreign trade
YEAR AND MONTH

Abandoned

Lost
American

Foreign,

Total

Total

1,250
1,000
1,340
1,537
1,666
1,563

3,333
3,017
2,826
2,895
2,467
2,184

4,483
4, 017
4,166
4, 433
4,133
3, 748

31, 075
38, 378
44,398
32,960
66, 781
101,420

2,083
2,836
2,507
2,639
2,328
2,503

2, 189
2,816
2,7042,756
3,228
3,232

4, 271
6,653
5,. 211
5,395
5,556
5, 735

42, 411
62, 090
48,291
28,842
31, 216
31, 772

2,444
2,688
2,885
2,237

3,.521
3, 304
2,963
2,727

5, 965
5,992
5,848
4, 964

1,8-17
1,917
2,002
2, 470

2, 813
2, 6832,537
2,839

4, 635
4,600
4,539
5,308

May
June
July
August

3,242
2, 489
2,724
2,877

3, 222
3,572
3,913
3,837

6,464
6,060
6,638
6, 713

September
October
November
December

2,872
2, 922
2,633
2,073

3, 607
3,881
3,066
2,812

^ 479
6,803
5,699
4,835

1,820
1, 750
1,993
2, 405.

3,307
2,800
3,058
3,217

5,126
4,550
5, 051
5,622

2,439
2,481

3, 518
3,897

5,957
6,378

1913 monthly average 1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average

- -......
«. -.
-_
. . ..
. .

1919 monthly average .
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

- --

Steel
seagoing

Gross tons «

Thousands of net tons *

Under
eon
struettons

Merchant
vessels

World construction 5 (quarterly)

Liner
Charter rates,
rates, Atlantic
world ports to
7
routes 6 Europe
Relative Relative
to 1911-13 to January, 1920
av.

Thous.
of gross
tons

No. of
ships

Thous.
of gross
tons

278
467

833
713
300
422
735
1, 362

100

1,236

438
330
186
241

621
440
344
213
163
218

1, 786
1, 466
1,085
617
410
505

384
272
160
114
108
106

138

294

104

127

332

107

10, 895
13, 495
19,772
13, 512
11, 452
9, 596

18, 836
48, 225
86, 192
226, 773

28,846
26,354
9,54a
27,094
50, 895
155, 110

6, 910
8, 556
15, 272
34, 173
84, 249
90, 086

354, 845
238, 394
115, 569
28, 246
24,099
17, 507

294, 849
208, 557
102, 157
13, 239
9,774
10, 904

1,188
546
231
197
173

19, 128

94, 389

34, 411

157,780

20, 906
18, 350
6,576
38, 860

8, 562
8,778
923
19*046

160
164
162
160

10, 780
3, 950
2,1, 782
36, 510

3,719
1,849
17,761
28,408

146
196
179
172

26, 972
22, 951
18, 070
3, 965

15, 166
15, 724
10, 484
386

161
185
164
164

25,875
11, 414:
12, 650
15, 167

12,346
6,, 665
8,651
11, 690

168
177
184
183

15, 073
6,329
23, 966
15, 526

12,838
3,340
18,,808
6, 261

190
185
196
238

31, 825
18, 687
30, 101

1$ 200
9,767
21, 951

177
186

'

INDEXES
OF OCEAN
FREIGHT
RATES

SHIP CONSTRUCTION

s 100. 0
36.0
25.5
22.1
25.3

1923
September
October
November
December

20.7
22,9
25.1
25.1

±924:

January .
February
March
April..,

.
.

..

.
.
._

36, 254

162, 248

28, 228

108, 805

12, 148

74, 649

50, 456

14, 642

214

550

111

237

529

110

225

553

102

197

389

102

24.9
25. 1
24. 8
25.3
25.7
23.3
22.1
22.3

.

_..

26.6
28.1
"' 28.1
26.8

1935
January
February
March
April

May.
June
July..
August

._

.

22, 064

27, 393

194

606

103

212

593

95

26.9
25.5
25.6
26.0
25.6
23.7

September
October
November
December
1

Tonnage of vessels cleared in foreign trade from IT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
* Vessels lost and abandoned, representing all classes of American, vessels, from CT. S. Department of Commerce, Bureau of N&uigatien, given- for Quarter ending in month
stated,
yearly figures representing quarterly averages.
3
From the U. S. Department of Commerce, Bureau of Navigation* The total completed includes ocean-going, lake, and river vessels built and officially numbered, including vessels of the IT. S. Shipping Board and private American, owners, but not vessels built for foreign owners. The column on merchant vessels under construction;
•includes all kinds, of ships except Government vessels building or under construction at the end of the month. Monthly data from 1915 given ia the January, 1924, issue
of the
SURVEY (No. 29), p. 49.
4
Net ton represents 100 cubic feet internal carrying capacity after prescribed allowance for crew and engine space, while gross ton represents in units ol 100 cubic feet
ithe entire cubical capacity of the vessel, including crew asd engine- space.
!
5 Quarterly data on world ship construction compiled by Lloyds', covering all vessels of 100 tons and over, except that from 1914 to 1921 figures for Germany are not
Included.
a Compiled by U. S. Department of Commerce^ Bureau of Foreign and Domestic Commerce, covering six teamp-ship commodities over 12 world-wide trade routes.
7 The index of ocean freight rates compiled by the Federal Reserve Board, Dwmon of Research and Statistics, represente rates to 17 ports in Europe. The index numbers
are weighted by the geometric means pf these rates. The weights include the relative importance of each port and also: the relative importance of the 5 principal productsgrain, provisions, cattea, cottonseed oil, and sack flour.. Monthly data from 1920 appeared ia ths September, 1922, issue of the SURVEY CNo\ 13),, pv 50, Kates to the United
Kingdom were given separately in all issues up to the February, 1925, issue (No. 42), p. 109.
* January, 1920.




92

Table 64.—RIVER AND CANAL CARGO TRAFFIC
CANALS

RIVERS

Panama *
YEAR AND MONTH

Total

In
American
vessels

Mississippi

In
British
vessels

September
October
November
December

.

1924
January
February ..
March
April
May
June
July
August

-

.

.

September
October
November
December

.

Suez*

ShipReceipts
ments
at
St.Louis<3 St.from
Louis o

Thous. of
Gross tons metric
tons

Ohio

Governmentowned
barges 7

Pittsburgh to
Wheeling s

Tons

407, 371
257, 843
588, 214
627, 669

182, 325
70, 738
122, 977
174, 856

183, 376
130, 888
282, 813
217, 973

576, 385
781, 208
961, 601
907, 078
1,630,409
2, 157, 679

229,907
378, 928
431, 613
412, 543
912, 857
1, 222, 135

156, 412
235,856
310, 161
277, 488
410, 762
529, 386

8,529
9,910
6,032
8,259
11,203
9,005

177
203
208
262
312
290

192, 450
158,600
114, 406
103, 226
115, 788
268, 678

1,164
1,421
1,459
1,780
1, 898
2,122

10, 449
14, 827
12, 548
13, 637
12, 075
10, 457

9,174
13, 845
24, 133
16, 313
24, 495
21, 537

8,731
13, 392
36,939
49,841
59, 203
70, 792

298, 766
638, 380
523, 497

2, 262, 116
2, 096, 446
2, 337, 784
2, 168, 750

1, 502, 000
1, 408, 264
1, 555, 692
1, 507, 308

456, 450
463, 096
401, 292
381, 067

10, 645
13,750
14, 389
14, 353

231
276
278
657

140, 015
101, 771
108, 472
103, 597

1,976
1,668
1,985
1,798

17, 035
15, 685
16, 975
15, 475

38, 380
33, 505
32,600
47, 595

77,546
83,208
44, 303
80,399

601,649
627, 130
641, 431
942, 870

2, 168, 703
2, 127, 567
2, 218, 295
2, 494, 634

1, 384, 369
1, 428, 139
1, 431, 421
1, 431, 650

446, 135
432, 267
478,830
624, 367

12, 776
13, 003
10, 706
None.

265
348
229
None.

79,665
82,998
132, 834
77,262

1,784
1, 985
1,930
2,009

13, 450
18,885
18, 025
9, 975

27, 455
16, 615
18,080
27,290

54,543
55,210
53, 271
51, 796

565, 142
547,931
648, 594
490, 272

--- 2, 427, 332
2, 243, 616
2, 272, 472
2, 158, 721

1, 401, 908
1,351,116
1,372,894
1, 296, 445

589,988
507, 425
503, 068
523, 904

None.
None.
None.
1, 610

None.
None.
None.
None.

182, 925
128, 646
129,904
186,694

2,017
2,030
2,268
2,241

None.
None.
4,050
16,065

2,700
None.
21, 325
20, 465

82,179
80,229
74, 117
81, 528

246, 033
335, 451
483, 250
411, 499

2, 353, 986
2, 022, 850
2, 097, 154
1, 958, 479

1, 334, 499
1,158,994
1, 195, 574
1, 071, 501

630, 247
533, 242
538, 212
445, 234

9,873
11, 077
11, 139
11,051

205
269
353
290

355, 918
383, 446
446, 965
412, 036

2,115
1,743
2,122
2,117

18,685
15, 730
15,990
12, 592

21, 115
26,100
27, 317
34, 328

69, 916
82, 565
70, 387
76,609

606,667
501, 075
439, 861
609,940

2, 112, 264
2, 017, 980
1,961,603
2, 265, 687

1, 187, 512
1, 056, 777
972, 431
1, 265, 968

527, 050
514, 958
514,812
524, 498

9,661
10,328
6,619
1,679

275
344
249
47

403,323
307, 473
138, 960
147, 840

1,965
2,206
2,407
2,228

16, 748
15, 024
9,313
1,282

27,476
48, 413
11,067
18, 134

80, 537
57,604
39, 603
54, 229

573, 668
714, 421
795, 527
564, 578

1, 907, 469
1, 839, 617
2, 104, 324
1, 950, 902

942, 264
1,037,308
1, 221, 325
1, 113, 668

516, 974
428,091
509,583
451, 991

None.
None.
None.
3, 604

None.
None. .
None.
65

104,598
89, 119
92, 874
94, 464

2,305
2,209
2,724
2,548

81, 087
95, 907
91,787
98, 417

365, 970
345, 183
401,371
572, 528

1,823,042
1, 920, 323

986, 830
1, 029, 044

443, 586
502, 069

11, 210
10, 942
11, 668

300
316
386

382, 411
390, 671

2,316

97, 349
75, 283

633, 605
565, 228
609, 727

1919 monthly average
1920 monthly average _ .
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

.

Cape
Cod*

9,965
6,921
8,911
11,486
11,227
10, 710

1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average. -_

1933
.

New
York
State*

Thousands of
short tons

Long tons

]VIay
June
July
August

Sault
Ste.
Marie *

372
297
265
. 232
185
166

104, 285
66, 555
129, 625

17,594
8,738
7,414
7,883
6,923
5,038

3,965
4,078
4,437
4,750
5,609
5,754

1935
January
February
March
April

.

May
June
July

-

October
November

1
Panama
2

Canal traffic, reported by the Panama Canal, represents tonnage of cargo carried by commercial vessels. Yearly figures refer to fiscal years ending June 30*
Traffic through the Sault Ste. Marie canals, including both the American and Canadian canals, reported by U. S. War Department, Engineer Corps. Monthly
averages for each year are for eight months during which the canals are usually open—that is, the yearly tolls are divided by eight in order to present a figure fairly
comparative with current monthly movements. Monthly data distributed by classes of commodities, covering the years 1913-1922, appeared in the March, 1923, SURVEY
(No.3 19), pp. 48 and 49.
Traffic through New York State canals from New York State Superintendent of Public Works. About two-thirds of this traffic goes through the Erie Canal and one.
third4 through the Champlain Canal. Monthly averages for each year are for the seven months during which the canals are usually open.
Cape Cod Canal traffic from the Boston, Cape Cod & New York Canal Co. The average for 1916 is an average of nine months of operation. Monthly data from 1920
appeared
in the September, 1923, issue (No. 25), pp. 55 and 56.
6
6 Suez Canal traffic from Le Canal de Suez.
Receipts and shipments of cargo by river at St. Louis (almost all by the Mississippi River) are from the Merchants Exchange of St. Louis. Monthly data from 1920,
including
Government barge-line traffic, appeared in June, 1922, issue (No. 11), p. 45.
7
Cargo tonnage on Government-owned barge line on Mississippi River between St. Louis and New Orleans from U. S. War Department, Mississippi-Warrior Service.
8
Data on Ohio River commerce from the U.S. War Department, Engineer Corps, represent total cargo traffic between Pittsburgh and Lock and Dam 11, located
between Wellsburg and Wheeling, W. Va. The total of 3,586,188 short tons shown for the months of 1922, from which the average is computed, does not include the annual
total of 1,327,199 short tons not shown separately by months, the total movement for 1922 being 4,912,387. Data are available from 1910 to 1914 for traffic between Pittsburgh and Lock No. 6 (near Beaver, Pa.), and from 1915 to 1921 between Pittsburgh and Lock No. 10 (near Steubenville, Ohio). Traffic between Pittsburgh and Lock 10
amounted to 4,733,620 short tons in 1920 and 2,840,978 in 1921.




93

Table 65.—FREIGHT-CAR MOVEMENT
SHORT AGE i

SURPLUS i

YEAR AND
MONTH

Box

cars

Coal
cars

Total3
cars

Coal
cars

Box
cars

LOADINGS 2

Total3
cars

Grain
and
grain
products

Livestock

Coal
and
coke

Forest
products

Ore

Merchaiidise and
1. c. I.

Miscellaneous

Total

Number of cars

4,200
25, 868

112, 934
52, 360
24, 174
82, 056

169, 256
153, 585

142, 874
129, 452

747, 394
894, 180

247, 322
254, 861

161, 868
200, 853

751, 043

1, 375, 951

3, 716, 007
3, 486, 409
3, 759, 873

1,146
26, 653
10, 566
384,

444
15, 852
13, 527
487

1,896
51, 579
27, 873
1,046

191, 065
204, 397
189, 738
214, 626

124, 744
135, 508
148, 800
146, 190

691, 016
655, 962
851,999
753, 522

207, 314
243, 001
311,890
304, 211

75, 592
132, 524
194, 300
139,904

917, 508
985, 495
1, 013, 754
1, 043, 290

1, 069, 692
1,243,743
1,441,270
1,442,193

3,276,930
3, 600, 630
4, 151, 009
4, 044, 069

26, 588
15, 819
14, 196
13, 556

26, 815
33, 857
30, 849
13,940

38, 477
38, 771
29,281
17, 634

73, 269
80, 633
68, 986
35, 282

233, 254
164,653
161,845
153, 643

169, 064 1, 032, 806
125, 224 807, 695
797, 364
121, 644
124, 039 769, 667

334, 749
268, 445
298, 489
308, 753

62,652
38, 563
54,737
77, 703

1, 033, 084
855, 203
926, 300
953, 463

1, 383, 770
1, 155, 026
1, 302, 173
1, 376, 998

4, 239, 379
3, 414, 809
3, 662, 552
3, 764, 266

3,953
4,269
6,546
3,922

32, 443
58,671
76,453
66, 559

2,974
2,054
2,733
2,518

11, 392
7,976
4,774
4,891

16, 277
11,896
9,570
9,441

167, 993
139, 389
169, 991
261, 116

153, 124 971, 423
118, 846 805, 074
120, 055 792, 289
168, 230 1, 033, 835

377, 226
311, 838
279, 597
381, 965

308, 133
318, 249
330, 699
402, 288

1,189,859
973, 856
931, 036
1, 200, 533

1, 709, 135
1, 380, 351
1, 317, 068
1, 761, 252

4,876,893
4,047,603
3, 940, 735
5, 209, 219

30, 527
15, 116
53, 962
129,963

5, 651
7,205
80, 756
149, 409

41, 745
24, 477
153, 057
312, 338

6,776
3,943
319
18

5, 439
3,068
605
21

15, 331
12,336
1,336
123

200, 995
246, 312
194, 785
181, 722

156, 4*56 761, 740
213, 368 1, 014, 310
154, 782 745, 350
143, 663 689, 486

290,395
370, 801
286, 963
235, 662

293, 152
288,670
135, 086
41, 781

970,791
1, 263, 860
963, 983
903, 076

1, 474, 254 4, 147, 783
1, 951, 178 5, 348, 499
1, 372, 702 3, 853, 651
1, 111, 334 3, 306, 724

1934
Januarv
Februarv
March
April..

74, 415
51, 398
81, 342
101, 648

67, 578
56, 618
135, 976
193, 061

169, 036
134, 273
248, 301
329, 489

1,678
1,076
157
42

1,894
2,475
105
97

4,598
3,991
364
177

226,064
194, 576
162, 449
147, 360

178, 185 1, 038, 618
131, 507 807, 456
709,889
122, 349
117, 287 538, 533

337, 065
321, 736
327, 109
306, 539

42,505
37, 914
46, 993
70,237

1, 090, 436
933, 639
1,003,536
1,002,497

1, 381, 397
1, 204, 991
1, 289, 597
1,315,777

4, 294, 270
3, 631, 819
3, 661, 922
3, 498, 230

Mav
June
July
August

133, 216
153, 550
138, 734
69, 244

168, 913
162, 343
146, 840
97, 089

338, 526
356, 389
322, 530
194, 306

43
64
94
212

17
3
13
19

151
98
150
248

196, 116
151, 625
174, 033
304, 963

153, 973
120, 162
117, 944
152, 602

703, 275
596, 938
576, 846
803, 053

365, 541
274, 499
239,854
341, 834

255, 606
237, 446
220,704
255, 710

1, 210T017
963,748
916, 898
1, 212, 593

1, 589, 201
1, 280, 764
1, 278, 632
1, 772, 649

4, 473, 729
3, 625, 182
3,524,909
4, 843, 404

September
October
November ._
December

36, 768
30,486
73, 547
117, 434

58, 375
49, 058
82, 819
108, 189

116, 689
99,190
183, 914
266, 252

270
784
166
27

274
785
133
30

670
1,656
354
101

269, 733
338, 538
219, 104
187, 304

147, 089 748, 088
205, 712 1, 000, 510
159, 251 768, 241
147, 723 749, 407

268, 270
352, 289
276, 030
252, 854

188, 326
212, 610
71, 569
39, 273

988, 085
1, 290, 093
981, 065
927, 893

1, 536, 812
2, 053, 827
1, 423, 701
1, 167, 219

4, 146, 403
5, 453, 579
3, 898, 961
3, 471, 673

1925
JanuaryFebruary..
March
April.

103,209
103, 177
113, 615
131, 212

69, 736
138, 425
185, 724
160, 913

213, 921
285, 015
344, 959
337, 181

61
100
5
None.

44
10
25
15

406
167
60
15

245, 073
168, 690
149, 894
131, 086

180, 097 1, 066, 055
123, 056
731, 900
111, 221 642, 826
806, 195
110, 207

340, 539
319, 508
324, 745
312, 821

48, 562
45, 044
47, 426
90, 815

1, 131, 990
976, 499
1, 037, 768
1,036,339

1,437,677
1, 254, 629
1, 381, 036
1, 444, 199

4, 450, 993
3, 619, 320
3, 694, 916
3, 721, 662

140, 676
149, 405

133, 559
109, 404

323, 624
307, 495

4
9

None.
None.

7
18

183, 091
145, 061
164, 804

136,158
106, 000
105, 180

807, 115
659, 033
679, 756

378, 682
294, 715
258, 104

310, 292
252, 282
250, 633

1, 267, 788
1, 028, 601
985, 052

1, 771, 594
1, 470, 319
1, 444, 305

4, 854, 720
3, 956, Oil
3, 887, 834

1917
1918
1919
1920

mo
mo.
mo.
mo.

av
av
av
av

6,437
29,251
82, 135
15, 985

1921
1922
1923
1924

mo.
mo.
mo.
mo.

av
av
av
av

75, 605
1,981

23, 592
68, 680
189, 396
24, 194

65, 901
28,964
18,991
43, 148

127, 982
47, 675
33, 634
88, 482

154, 499
90, 897
23, 367
110, 572

339, 026
164,500
69, 659
229, 908

6,976
2,739
3,266
4,654

7,208
4,845
3,785
2,849

15, 670
34, 753
55, 063
50, 935

September
October
November .__
December

1923
January _
February
March
April
May
June
July
August

May
June July
August

SeptemberOctober
November __
December.
1 Data from the American Railway Association. Daily average for the last period (7 or 8 days) of the month, exclusive of Canadian roads. The association reports the
number of freight cars which are idle (surplus) and also the number of requests for cars which can not be filled (shortage). The difference between these two figures represents the net freight-car situation for the country as a whole. The car shortages can not ordinarily be filled from the idle cars because of the uneven geographical distribution
of the
latter.
2
Compiled by the Bureau of Railway Economics from reports of the American Railway Association, Car Service Division. These figures are now put on a monthly basis
from weekly reports, consisting of exactly four weeks for each month prior to 1923, except in March, June, September, and December, which cover five weeks each year.
Beginning with 1923, the five-week months are January, May, August, and October.
8 Includes other classes than groups listed.




Table 66.—RAILWAY, PULLMAN, AMB EXPRESS OPERATIONS
REVENUES i

Freight

YEAR AND MONTH

Passen-

ger

Total
operat-

ing

TOTAL
NET
OPEROPERATING ATING
EXINPENSES COME
*
'
0)

Thousands of dollars

1913- IHO average
1914 HIO;. average
1915 mo. average
1916 mo. average .
1917 mo i average.1918 moi average

Re-

PULLMAN CO.«

Pas-

Total
Passen- operatgers
ing
penses carried
revenues

Tons
carried
Imile

ceipts
mile

sen*
ger»j
carried
Imiie

Millions
of tons

Cents

lions

Mil-

Thousands of
dollars

P4*
toil-

Reve-

nue

EXPRESS
EARNINGS «

Ex-

Thousands

Operating

in-

come

Thousands of
dollars

$181, 732
173, 916
171, .926
198, 031
238,184
334,767

$59,900
53,451
70^002
87, 265
81,232
57, 759

» 27, 338
826,163
25,232=
31,126
34,943
30,410

0.719
.723
.722
.707
.715
.849

32,823
32,881
a 3, 649
2,882
3,,290
3,556

$3,.445
3,284
3, 483
3,684
4.311.
4, 164

$2,345
2,-294
2,234
2,573
2,954
3, 383

32,072
3 2, 182
3 2, 021
2,326
2, 691
2, 397

432, 005 .
518, 785
464, 429
468, 291
529, 118 •
498, 806

368,-2S7
485, 861
383, 651
371, 397
412,081
379, 809

43, 024
4,846
51,329
64, 748
81,911
82,021

33,034
37, 412
28, 730
31, 316
38,134
35,788

.973
1.052
1.275
1,182
1» 115
1,115

3,863
3,904
3,111
2,877
3,167
3,010

6,756
6,012
6,370
5,465
6,048
6,063

4,052
4,637
5,395
4,419
4,657
5, 134.

3, 112
3,271
2,600
2,646
2,854
2,841

$12,613

12, 909

$2,092
3,615
260
116
105
91

548, 113
541, 266
536,307
554, 528

421,390
417,011
414,948
427,453

90,321
87,624
84,935
98; 934

39,598;
38,000
38,518
40,344

L 123:
1,128
1.096
L.108

3,000
3,506
3,749
3; 883

6,984
6,636
6, 651
7,130

4,919
5,272
5,115
5,:040

2,670
3,172
3,157
3,456

13,842
13,639
13, 522
14, 123

127
67
48
82

546, 062
587, 914
631, 989 i
494, 015

416, 865
445, 341
406,957
388,154;

92,477
103,776
86,776
70,046

39,461
42,209
38,159
33,419

1,100
L160
1.133
1.122

3, 552
3,080
2,833
3,220

6,942
6, 879
5,384
6,052

4,821
5, 120
5,232
1,738

3,268
2,S37
2,551
2,817

14, 092
14, 446
14, 177
10, 593

74
105
90
242

91,721
83,394
87,134
85,223

468, 986
479,454
505, 371
475,232

385,092
374,916
390,601
877,827

51,389
71,605
80,320'
62, 299

34,506
35,981
36, ,426
31,926

L086
L094
1.125
1,176

2,966
2,705
2,816
2,780

5,982
5, 568
5,609
5,878

5,215
5, 035
5,123
6,175

2,724
2,483
2,641
2,681

13, 109
12,957
13,310
13,348

89
61
102
84

» 34-4,787
323, 375
339, 906
358, 424

85,618
95,953?
97, 372104, 519:

477, 529
465, 669
481, 588
508, 394

381,486
364,229
369,909
373,599

60,930
65, 801
74*088
• 96,415

33; 915
31,967
33, 157
30;442

1, 127
1.122
1.134
1.090

2,867
3,318
3,470
3,673

5,831
6, 717
6,345
7,182

5,158
4; 622
5,421
4,998

2,685
3, 118
3,097
3,491

13, 322
12, 887
12, 818
12,632

91
78
79
100

399,038
438, 813
380, 875
362,368

93, 186
82,861
78>,812
90,845

540,,839
572,600
505, 796
505, 253

381,623
403,. 664,
374, 26S
381,415

116,760
127,105
93,180
86,988

39,046
43,110
38,049
34,998

1.123
1..115
L094
1.095

3, 212
2*773
2,613
2,932

6, 512;
6,005
5,, 242
5,887

5,072
5,076
5,244
5, 470

3,167
2,773
2,509
2,719

13,035
13, 246
12, 846
11, 394

117
111
84
111

350, 619
336, 800
360, 608
347, 029

88,674=
77,566
79,572:
78,373-"

484, 774
454, 996
486,481
473, 497 •

383, 735
355,555:
377,265
370,623

65, 842
68,920
73,117
66,199

37,035
33, 575
35,335
33,577

1,057
1,100
1,128
1,141

2,890
2,549
2,620
2,596

6,320
5,652
6,270
6,008

5,202
4^993
5, 421
5,168'

2,800
2,503
2,651
2,701

12,432
12,357
12,875
13,041

80
80
111
22

359, 170
365,988:

82,084
92,596

488, 683
506,809

375; 755
375,936

75,857
91, 751

37, 147
35^863

6,367
7,291

6,182
6, 216

2,777
3,150

_ -_.
..

1-919- mo. average..
1920 mo. average
1921 mo. average
1922 mo. average
1923 mo. average
1924 mo average.

OPERATED^
RESULTS *

.

$176,916
165, 943
178,864.
214, 784
236, 177
288, 183

$57, 548
64,230
53, 798
58,980
68,935
86, ,056

296, 410.
360, 304
327, 328
334, 076
386, 466
361, 493

98,334:
107,285
96,172
89,686
95, 636
89,718

405, 462
387, 343;
379, 335
402,100

89,.980
102,851
107,506
112,966

$255, 139
241, 608
256, 630
302, 104
337,539
410, 549

16, 306
15,640
13,006
13,441

1923
May
Juno
July

-

,

..............

.
...

,,

September
October.
November
December .

..*
=.

390, 881
441, 518
395, 885
344, 140

105, 902
93, 795 ,
87,162
101, 118.

1934
333,433
352, 692:
371, 69-1
342,907 :

January
^February
Miarch
April ..

May. .
June
July
._
August -..„.. »-.September
October _.
November
December

;

..,
.

,
.

1935
January
February
March » „
April-..

...
.__

May ~

-

jjunse — ..w.^. n
July
.
_
August
..
September
.^.
October
November. _
December

;

...
.. „„

_

*2 Data from the Interstate Commerce Commission, covering Class I railroads, those having annual operating revenues in excess of $1,000,660.
Net railway operating income, from the Interstate Commerce' Commission reports on Glass I railroads, includses net operating revenue (equal to the difference between
total operating revenue and total operating expenses), from which tbere have been deducted railway tax accruals, uneolleetable railway revenues, equipment, and joint facility
rents.
s Fiscal year ending June 30 of year indicated.
* IData from Bureau of Railway Economics, except tons per mile for 1915 and 1916, from Interstate- Commerce Commission. Monthly data on ton-mile operations from 19WF
appeared in December, 1923, issue (No. 28), p. 52.
a Pullman passenger traffic furnished by The Pullman Company; revenues and expenses from its reports to the Interstate Commerce Commission.
« Reports to the Interstate Commerce Commission of the American Railway Express Co., to which are added reports of the Southeastern Express Co. from the time of
its organization in May, 1921.




95

ON RAILROAD LINES 1
(end of month)

YEAR AND MONTH

Total owned
Tractive
power
(mills,
of Ibs.)

Number

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly
1918 monthly

av
av
av
av
av
av____

1919 monthly
1920 monthly
1921 monthly
1922 monthly
1923 monthly
1924 monthly

av
av
av
av
av
av

Bad order

Number

41
22
52
69
148
89

223
199
112
106
266
122

110
69
88
249
110

1,323
337
889
1,592
479

894
206
791
1,513
424

40

80
143
84
31
22
27

15.3
15.8
16.4
16.1

384
408
333
333

260
301
282
316

9
53
52
13

335
310
299
329

313
295
270
305

1, 17S
977
691
387

1,102
915
656
365

7
15
14
14

19
13
26
22

2,553
2,560
2, 560
2,561

10, 791
11, 304
11, 558
11, 440

16.8
17.5
17.9
17.8

271
214
176
97

178
175
181
112

137
93
311
110

151
99
132
73

147
92
128
63

376
499
534
640

344
466
494
586

14
10
7
11

14
18
20
21

64, 942
64, 924
65,008
65,062

2,560
2,569
2, 576
2,583

10, 875
11, 034
11, 105
10,964

16.9
17.1
17.2
17.0

153
160
197
229

107
178
113
166

118
1
91
9

111
145
140
139

93
134
130
121

643
531
483

mi

589
462
410
306

10
72
63
50

21
31
17
36

65, 071
64,964
64,882
64,871

2,586
2,586
2,587
2,589

11,329
11,095
11, 574
11,266

17.6
17.2
18.0
17.5

160
113
181
295

151
220
263
304

111
148
99
189

104
96
133
142

79
78
123
132

389
462
397
431

333
398
331
358

37
76
70
64

51
37
29
25

64, 824
64, 779
64, 747
64,509

2,591
2,592
2, 593
2,587

11,314
11, 404
11,611
11, 101

17.6
17.7
18.1
17.3

167
125
138
171

213
169
170
409

62
49
106
84

90
85
109
92

45
73
93
82

407
397
447
477

351
343
351
362

81
77
83
82

39
13
27
19

64, 484
64, 435

2,590
2,591

10,902
10, 917

17.0
17.1

147
179

172
224

51
16
39

96
110
66

68
61
58

467
397
378

353
300
283

80
66

45
43

May
June
July
August
September
October
November..
December

23 8
25, 3
23.9
26.4

mo

InMining dustrial

Number of locomotives

9,823
10, 112
10, 572
10, 375

64, 989
65, 029
64, 911
64,896

,.

Steam

«230
179

2,506
2,520
2,532
2,542

May
June __
July
August

Do-

mestic

'265
187

64,720
64, 827
64, 878
64,896

1935
January _...
February
March
April

Total

17.4

2,573

__

DoTotal mestic

0*

MFBS.3

SHIPMENTS
EX- ELECTBIC LOPOBTS
COMOTIVES
f
(quarterly)
(9)

18
166
20
217
165
118

« 64, 757
64, 962

.

*g
*8

K

wm&uB»OROFR8

306
119
114
230
336
371

15, 559
17,026
12,204
11, 195

1934
January
February
March
April

£

SHIPMENTS
BY MFBS.2

Per ct.
of total
in use

8

1933
September
October
November
December

£

°.*8is

BUILDING IN
B. B. SHOPS i
(end of mo.)

INSTALLED *

Table 07.—LOCOMOTIVES

!
1

8318
8142

815

822

—•

140

45

134

21

141

9

153

14

151

7

120

19

September
October
November
December
I

* Locomotives in bad order, both passenger and freight, on Class I railroads, and number owned, retired, and building from American Railway Association, Car Service
Division.
Data for 1919 on bad order locomotives from IT. S. Railroad Administration.
2
Reported direct to the V. 8. Department of Commerce, Bureau of the Census by principal locomotive companies. Monthly data from 1920 appeared in June, 1922 issue,
(No.3 10), page 42.
Data from the Railway Age covering the principal transactions, each month's figures being totals of those given in the weekly issues of the publication appearing during
the month,
and prorated up to the annual totals made from special inquiries. The percentage used in prorating the 1924 data was 91 per cent.
4
Eight months' average, May to December, inclusive.
8 Ten months' average, March to December, inclusive.
e Data from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1922 appeared in April, 1925, issue (N"o. 44), pp. 27
and 728.
Compiled from quarterly reports to the IT. S. Department of Commerce, Bureau, of the Census, from nine manufacturers comprising practically the entire industry.
Press8 releases furnish details as to type, i. e., trolley or storage battery. Data for 1923 not available by quarters, but annual figures are reduced to quarterly averages.
Quarterly averages.




96

Table 68.—RAILWAY FREIGHT CARS
ON RAILROAD LINES
(end of month) t
YEAR AND MONTH

Total owned
Number

Number

Per ct.
of total
in use

142, 790
168, 973
166, 779
318,880
302, 456
185, 343
188, 012

6.9
7.0
7.3
13.9
13.3
8.0
8.2

209, 471
215, 552
206, 312
210, 505

SHIPMENTS
BY MFRS.a
Total

Domestic

UNFILLED
ORDERS,
BY MFRS.3

Total

BUILDING IN
R. R.
SHOPS

Domestic

(end of
mo.)1

3,482

Number of cars

1,838
7,017
1,945
15, 013
7,873
11, 899

7,961
11, 917
6,116
3,528
4,866
12, 233
6,850

4,392
6,904
3,899
3,109
4,749
12,069
6,718

128, 103
91, 815
48,851
17, 559
68, 015
72, 825
43,684

76,974
55, 630
41,964
14,380
64,007
71, 505
42, 155

8.5
8.7
8.1
8.6

11,790
10,979
36, 910
10, 420

11, 527
9,549
12, 191
10,327

11, 154
9,413
12, 140
10,287

100, 666
94, 758
111,289
107, 799

96,799
93, 811
110, 047
106, 778

_ ... -

211, 766
190, 411
189, 014
175, 327

9.4
9.2
8.3
7.7

160
1,706
1,093
1,401

12,065
12,405
11, 799
14, 030

11, 871
12, 185
11, 747
13,968

95, 446
84, 114
74,766
63,349

94,283
82,920
73,569
61, 110

- ...
....

6.7
6.6
6.8
6.9

18,690

14,411

1,989
792
1,185
16,046

13, 282
13, 850
13, 469
12,296

13,018
13, 577
13, 333
12, 131

50,872
37,668
28,092
25, 082

49, 874
36, 869
27, 429
24, 573

1,515

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average--

1933
January
February
March
April
May
June
July
August

Capacity
(mills,
oflbs.)

In bad order

INRESTALL- TIRED
ORED
DERED
DURFROM
DURING
MFES.2
ING
MONTH* MONTHi

2,323,472

204, 369

...
- -

.-

12, 327

9,720

2, 307, 997

201,055

151,332
150,624
155, 626
158, 175

1934
January
.-.
February March
April

2,310,032
2,310,570
2, 311, 405
2, 312, 074

201, 288
201, 535
202, 331
202, 448

161, 569
168, 782
172, 747
179, 275

7.1
7.6
7.6
7.9

15,689
11, 386
9,562
8,718

12, 329
10,466
8,726
8,026

6,404
19, 537
38, 134
11,903

5,041
6,070
4,585
6,058

5,007
6,015
4,453
5,053

23,552
52, 678
65,604
56, 752

22, 161
51,250
54,202
55,348

2,417
2,715
2,697
2,739

July _
August

2,312,237
2,314,798
2, 322, 968
2,329,582

202,606
203,139
204,777
205, 690

189, 219
194, 869
202,864
210, 109

8.3
8.5
8.9
9.2

9,199
10,909
16, 583
16, 452

9,059
8,347
8,413
8,834

463
412
567
5,054

6,253
6,854
9,584
9,411

6,158
6,813
9,580
9,350

50,920
44, 462
35, 479
33,535

49, 644
43, 152
34,092
31, 387

2,467
2,269
4,602
3,618

2,336,147
2,342,149
2, 342, 479
2,337,229

206, 540
207, 366
207, 535
207, 172

206,044
190, 543
189, 140
190,979

8.9
8.2
8.2
8.3

15,455
16, 598
11,705
6,763

9,337
10,504
10, 678
11, 918

23, 597
12, 610
13, 870
10, 240

9,467
8,839
6,382
5,661

9,440
8,449
5,938
6,365

40,954
38, 391
45, 369
46, 508

38,803
36,580
43, 937
45, 325

3,045
3,574
5,159
6,478

2, 341, 109
2, 346, 687
2, 350, 697
2, 353, 956

207, 626

208,339
208,908
209,368

186, 539
185, 047
186,417
189, 514

8.1
8.0
8.1
8.2

11, 768
15,024
16,007
13, 749

7,867
9,453
12,067
10, 497

10, 312
6,388
4,679
5,525

8,365
10, 335
10, 716
9,352

7,031
9,881
10,503
9,212

43, 655
38, 046
30, 699
25, 712

42, 848
37,684
30, 457
25,224

5,285
4,878
5,572
8,072

2, 356, 641
2,359,040

210, 256

195, 986
198,468

8.4
8.6

12,982
12, 191

8,658
9,797

8,944
777
843

7,059
7,639

7,030
7,623

23,881
18,353

23, 316
17,561

9,042
8,633

September
October
November
December

September
October
November
December

.
..
.
...

1925
January.
February
March
April
May
.
June .....

...

209,804

* Compiled by the American Railway Association, Car Service Division covering Class I railroads. Monthly averages for bad-order cars for the years 1913-1917; also
monthly data for 1920 and 1921, appeared in the October, 1923, issue (No. 26), pp. 59 and 60.
. . . .
» Data from the Railway Age covering the principal transactions, each month's figures being totals of those given in the weekly issues of the publication appearing during the month, and prorated up to the annual totals made from special inquiries. The percentage used in prorating the 1924 data was 94 per cent. Data for the years 1913
to 1918 from the Iron Trade Review appeared in May, 1924, issue (No. 33), p. 77; though not comparable month by month on account of different methods of compilation,
they indicate the trend from year to year comparable to the above figures. .
.
. .
, , , , , , , ,
3 The data on shipments and unfilled orders of manufacturers for railway equipment were obtained from the Interstate Commerce Commission. Monthly data from 1919
appeared in July, 1924, issue (No. 35), p. 65. These figures do not include cars built by the railroads themselves, for which data may be found on p. 114 of February, 1925,
issue (No. 42).




97

Table 69.—RAILWAY PASSENGER CARS AND TRAVEL
IMMIGRATION AND EMIGRATION

PASSENGER CARS

YEAR AND MONTH "

2
Shipments by
Ordered manufacturers 2 Unfilled orders
from
manufacTotal Domesturers1 Total Domestic
tic

Immigrants

Emi-

grants

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average _

1919
1920
1921
1922
1923
1924

monthly
monthly
monthly
monthly
monthly
monthly

Arrivals

Departures

Passports
issued <
Persons

Number of people

Number of cars
1913
1914
1915
1916
1917
1918

VISITORS TO
NATIONAL
PARKS «

United States
citizens a

Aliens 3

Automobiles
No. of cars

22, 859
24, 470
13, 387
5,810
5,638
6,718

24,600
23, 238
10, 161
11,208
8,187
6,564

30, 069
24,580
8,954
10, 321
14, 161
27, 909

1,954
1,693
1,093
1,927
3,135
4,735

70

63

416

346

115, 610
57,375
21, 557
29,647
12, 747
9,660

24
148
20
198
184
213

19
34
75
59
138
93

11
23
71
46
135
88

177
783
393
914
1,452
620

116
701
345
824
1,430
608

20, 613
59,047
46,992
31,764
62,587
29, 564

21, 810
21, 810
20,498
9,664
5,884
7,510

10, 839
17, 038
19, 272
24,296
23, 020
26,839

12,247
21, 102
23,340
24, 209
21,728
25, 137

8,163
13, 374
11, 474
11,463
10,521
12, 198

68, 887
74, 966
81, 812
113, 062
132,874

7,230
9,548
10,025
12, 452
16,002

May
June
July
August

121
63
81
73

152
145
122
165

152
141
122
165

1,506
1,365
1,272
1,204

1,495
1,358
1,255
1, 161

52, 809
44, 166
85, 542
88,286

5,752
5,414
8,041
6, 489

21, 161
19, 377
20,637
33, 510

20, 603
30, 067
39, 898
27, 744

22,885
18, 710
11,074
8,280

55,883
154,020
422, 185
384, 560

5,722
17, 641
59,044
45, 242

Sp.ptp/mber
October
November
December

57
144
144
125

115
108
119
206

112
105
119
195

1,229
1,337
1,438
1,383

1,189
1,300
1,401
1,343

89, 431
88, 028
92, 782
55,794

6,073
7,291
6,925
9,480

20,637
27, 553
29, 142
17,620

16, 318
18,104
14,901
16, 928

7,063
6,826
5,978
6,248

125,441
39,044
28,510
29, 997

14,235
3,136
1,157
459

1934
January
February
March
April

38
381
308
170

92
76
138
110

66
76
133
104

644
772
742
679

624
752
727
670

33, 878
29,901
35, 585
38,375

5,723
3,706
4,202
5,394

15, 638
22, 161
25, 146
24,253

20, 817
24,197
19,474
20, 791

7,598
6,487
11,943
19,655

35,408
38, 792
46,850
58,330

1,006
1,730
1,942
2,118

May
June
July
August

131
40
194
213

76
102
63
94

67
102
63
94

683
618
635
621

677
605
621
607

32,985
36, 309
11, 661
23, 290

6,634
6,831
8,493
8,633

19, 607
21,320
20, 927
44,791

25, 467
33,504
43,812
37,657

26,347
22, 207
12, 536
8,571

97,794
210, 196
416,121
380, 568

7,274
32,330
64,654
57, 217

September
October
November
December

325
244
279
235

88
96
99
79

87
90
98
79

544
486
502
512

531
479
496
507

27, 941
27,402
29,345
28,098

8,671
8,941
8,605
14,288

57, 232
31,474
22,297
17, 219

23,849
19,951
14, 741
17, 388

7,659
7,906
7,894
7,575

197,655
47,571
37, 142
28,399

18,294
2, 585
1,953
927

1935
January
February
March
April

78
90
111
104

68
62
45
56

68
62
45
50

522
518
597
559

516
512
558
526

20,952
20, 913
26, 619
26,744

6,183
4,087
4,993
5,684

16, 987
23,186
29.228
26,011

22, 538
23, 211
24,604
23,700

8,640
8,816
15,304
25,040

38, 292
45,700
58,082
66,476

852
1,267
3,171
2,888

22
34
362

77
81

77
81

500
440

466
404

26,045
25,304

8,403
5,747

22, 540
27, 347

20, 262
39, 289

31, 985
26, 359
13, 830

124, 205
252, 589

11, 059
22, 576

*

•
average
average
average
average
average
average

1923

. .

May
Juae
July
August
September
October
November
December

_

* Data from the Railway Age covering the principal transactions, each month's figures being totals of those given in the weekly issues of the publication appearing during
the month, and prorated up to the annual totals made from special inquiries. The 1924 data were prorated at 77 per cent.
2 Figures of car manufacturers obtained from the Interstate Commerce Commission. Monthly data from 1919 appeared in July, 1924, issue (No. 35), p. 55. These figures
do not include cars built by the railroads themselves, for which data may be found on p. 114 of the February, 1925 (No. 42), issue.
a Arrivals and departures of aliens and United States citizens reported by U. S. Department of Labor, Bureau of Immigration. Aliens admitted and departed do not
include
nonimmigrants, as formerly reported in this bulletin.
4
Passports issued, from U. S. Department of State, Division of Passport Control, excludes passports issued to Government officials.
* Visitors to national parks from Department of Interior as reported by superintendents of the following 15 parks: Grand Canyon and Casos Grande, Ariz, (the latter a
monument rather than a park), Hot Springs, Ark., General Grant, Sequoia and Yosemite, Calif., Rocky Mountain, Colo., Glacier, Mont., Platt, Okla., Crater Lake, Oreg.,
Wind Cave, S. Dak., Zion, Utah, Mount Rainier, Wash., Yellowstone, Wyo., and Mount McKinley, Alaska Vehicles are not reported by Platt, Hot Springs, Wind
Cave, and Mount McKinley. By far the largest attendance of visitors is shown at Platt Park. Monthly data from 1920 appeared in December, 1923, issue (No. 28), p. 56.

54240°—25t



7

98

Table 70.—PUBLIC UTILITIES
TELEPHONE
COMPANIES i

TELEGRAPH
COMPANIES i

GAS AND
ELECTRIC
COMPANIES 2

Energy produced4

Tele-

Total
operating
revenues

YEAR AND
MONTH

Net
operating
income

Com- graph
merand Oper-

Gross
earnings

cable ating
cial
tele- operat- ining come
graph
toffs
reve-

Net
earnings

Gross
reve-

nue3

sales

Total

nue

Thousands of persons

Millions of kilowatt hours

13,608
14, 306
16, 858
18,885
23,184

60, 083
73, 575
81, 066
90,825
105,796
112, 969

3,243
3,630
3,439
3,975
4,661
4,916

1,217
1,346
1,245
1,438
1,635
1,668

2,026
2,284
2,194
2,538
3,027
3,251

3,331
3,106
3,634
4,283
4,537

336
333
342
379
383

382, 485
357, 896
358, 561
370, 274

1,665
1,926
1,505
1,400

64, 419
62,329
78, 559
102, 530

18, 772
18,494
23,840
37, 946

103, 600
109, 400
117, 700
121, 200

4,535
4,950
4,838
4,956

1,465
1,472
1,501
1,681

3,069
3,479
3,336
3,275

4,181
4,570
4,453
4,546

354
380
385
410

338, 487
386, 264
372, 914
392, 213

10, 938
10,448
10, 991
10,880

1,424
1,250
1,385
1,438

92, 064
88, 990
89, 584
85, 872

30, 185
28, 757
28,601
26, 743

126, 970
122, 760
116, 600
111, 400

5,189
4,834
4,985
4,739

1,675
1,563
1,716
1,857

3,514
3,271
3,269
2,882

4,748
4,424
4,575
4,361

442
410
410
378

389, 335
369, 763
392, 576
379, 144

834, 146
788, 339
842,238
810, 373

8,874
8,808
8,910
9,212

11,083
10,992
11, 160
11, 435

1,498
1,459
1,380
1,586

85, 279
77,997
76, 290
79, 179

26, 334
40,994
32, 963
21, 374

108, 400
103, 700
99, 100
100,400

4,794
4,554
4,613
4,735

1,950
1,706
1,603
1,518

2,844
2,848
3,010
3,218

4,422
4,203
4,256
4,382

372
351
357
353

383, 145
355, 657
349, 747
347,472

821, 173
772, 364

11, 443
12, 748
12, 099
12, 131

9,542
9,940
8,776
9,999

11, 861
12, 389
10, 053
12, 285

1,879
1, 993
1,478
1,811

82, 790

25,489

103, 200
111, 200
120,200
131, 700

4,803
5,193
5,065
5,537

1,493
1,632
1,559
1,749

3,311
3,560
3,492
3,788

4,454
4,823
4,692
5,110

349
370
373
435 |

349, 005
369, 908

52, 023
49, 890
52, 762
52, 945

12, 492
11, 782
12,852
13, 230

9,392
8,820
9,821
9,684

11, 593
10, 869
12, 071
11, 861

1,596
1,340
1,816
1,657

135, 800
124, 800
119, 000
117, 000

5,572
4,982
5,364
5, 152

1,695
1,741
2,040
2,022

3,877
3,241
3,324
3,130

5,122
4,598
4,964
4,777

450
384
400
374

825, 498
754, 546
822, 288
794,994

53, 119

12, 187

9,652
10, 452

11, 966
12,808

1,646
1,967

110,900

5,189
5,204

2,025
1,848

3,164
3,356

4,813
4,830

377
374

802, 101
777, 193

24,635
30, 320
36, 265
40,204
44,106
48, 412

5,104
5,415
7,573
8,882
10, 015
10, 555

7,596
9,113
8,043
8,435
9,027
9,085

10,095
11,698
10,371
10,608
11, 153
11,210

1,636
1,438
1,265
1,697
1,583
1,548

1933
September
October
November
December

43, 810
45, 979
45, 314
46, 136

9,119
9,994
9,945
10, 162

9,174
9,728
8,848
8,848

11, 359
12, 096
10, 979
10, 979

1934
January
February
March
April

46, 584
44, 963
46, 818
46,987

9,895
9,163
10, 083
10, 337

8,839
8,440
8,878
8,800

May
June
July
August

48, 217
47, 546
47, 656
49,936

10,269
10,006
8,346
10, 137

Sftptftmbftr
October
November
Denftrnbp.r

49, 105
50,931
50, 061
52, 145

1935
January
February
March
April
May
June
July
August

In
mfg.

60,683
61, 056
62,938
66,842
74,219

$5,898
6,287

av__
av__
av_ _
av. _
av__
av

fuels

In

central plants, 80 com- 213 companies
stastreet panies
rys.,
tions

$26,017
28,067
30, 100
35,458
44, 925
55,442

$3, 710
3,709
4,139
4,785
4,700
4,649

monthly
monthly
monthly
monthly
monthly
monthly

By

$29, 290 $10, 112
30, 601 10,434
31,485 11,041
12, 565
35, 384
39,409 12,226
12, 195
43, 697

$13, 132
13, 722
14, 527
16,452
18, 700
20, 225

1919
1920
1921
1922
1923
1924

By
water
power

Passengers carried 5

etc.

Thousands of dollars
1913 monthly av_.
1914 monthly av._
1915 monthly av__
1916 monthly av__
1917montnly av_.
1918 monthly av__

ELECTRIC
RAILWAYS

ELECTRIC POWER STATIONS

$7,674 $1,711
8,477 1,282

ll _

September
October
November
December
1
Telephone earnings are the combined reports of 13 largest telephone companies, and telegraph earnings are the combined reports of the Western Union and Postal
Telegraph
Cos., as reported to the Interstate Commerce Commission.
2
Gas and electric earnings are the combined reports to the U. S. Department of Commerce, Bureau of the Census, of 73 companies or systems operating gas, electriclight, heat, power, and traction services and comprising most of the large companies in the United States. Gross earnings are in general the gross operating revenues, while
net earnings in general represent the gross, less operating expenses and taxes; but owing to a lack of uniformity in the accounts of individual companies, it has not been
possible to secure these actual items for each company, and in such cases the nearest comparable figures have been taken. Also in some cases the figures for prior years
do not
cover exactly the same subsidiaries owing to acquisitions, consolidations, etc., but these differences are not believed to be great in the aggregate.
3
Gross revenue received from the sale of electrical energy as reported by the Electrical World represents the total receipts from the sale of electricity computed to 100
per cent of the industry on the basis of the percentage which the reporting companies bear to the installed central-station rating of the country. Companies reporting sales
are not identical with those reporting energy produced. Monthly data from 1913 appeared in the July, 1923, issue of the SURVEY (No. 20), p. 45.
4 Production of electric power by central stations from U. S. Department of the Interior, U. S. Geological Survey. Production in central stations is segregated by the
U. S. Department of Commerce, Bureau of the Census, from the original records of reporting firms on file with the Geological Survey, from that produced in connection with
street railways, manufacturing plants, and reclamation projects. Details, by months, since 1920 for central stations appeared in the April, 1925, issue of the SURVEY,
(No. 44), p. 29, while for the other items details appeared in the March, 1925, issue (No. 43), p. 28. Monthly data from 1913 on total production appeared in the July
1923,6 issue (No. 23), p. 49.
Data compiled by the American Electric Railway Association from reports, respectively, of 50 identical companies which in 1922 carried 34 per cent of the total electricrailway passenger traffic according to the census of electrical industries of that year, and of 213 companies operating 25,035 miles of revenue single track and 2,920 miles of
bus routes.




99

Table 71.—EMPLOYMENT—INDUSTRIAL, RAILWAY, MINING, AND FEDERAL1
INDUSTRIAL

RA1LWAYS3

U.S.

Iron
Food Texand
tiles
and
steel
and
groups kinand
dred ttieir their
prod- prod- products
ucts
ucts
Total,

n

YEA.R AND
MONTH

Metal
and
EmVehiLum- Leather
metal
ChemStone,
ployber
Tocles Miscel- ees
clay, prod- bacco
and Paper icals
on
for
and
laneits
and
and
and
ucts
pa
land
ous
its
£
finprint- other glass other manuroll
manu- ished
transfacindusprod- prod- than ture porta- tries
ing
faciron
ucts
ucts
tion
ture prodand
ucts
Thousteel
sands

GOVT.,
ANWASHAver- THRAINGCITE
age
TON
hour- MINES * (civilly
ian) 7
wage
Dollars

Number employed

NUMERICAL DATA

• INDEX NUMBERS RELATIVE TO 1923
2

1914 mo. av
1915 mo. av
1916 mo av
1917 mo av
1918 mo. av

95
97
110
115
114

1,647 $0. 276
1,733 .313
1,842 .463

100
81

1,913
2,013
1, 661
1,645
1,880
1,769

.557
.667
.665
.618
.615
.628

5156,008
6 152, 874
153, 873
153, 383

101
103
101
102

105
104
100
96

1,896
1,934
1,955
1,974

.606
.607
.612
.607

153,443
152, 665
152, 281
152, 697

66, 435
65,595 65, 595
65, 508

99
100
101
100

101
102
101
97

94
94
96
95

1,946
1,936
1,900
1,794

.622
.611
.622
.627

148, 873
154, 235
155, 125
155, 574

66,006
65, 851
65, 830
65, 025

94
102
105
100

96
97
95
92

96
96
96
95

95
97
96
94

1, 750
1,753
1,760
1,787

.625
.638
.626
.621

156, 232
155, 938
155, 075
151,016

64,946
64, 844
64, 680
64, 531

102
90
94
98

94
87
81
81

92
$2
93
93

90
85
84
84

88
85
82
80

1,793
1,771
1,773
1,789

.619
. 625
.623
.625

153, 008
153, 482
153,333
150,048 |

64,614
64,120
64,437
64,489

88
89
89
90

95
95
95
94

79
85
85
87

95
88
97
96

84
85
84
85

82
84
85
87

1,801
1,823
1,789
1,737

.633
.622
.638
.638

153,030
154,076
154, 985
145, 370

64,638
64,794
64,740
66,079

101
101
102
101

91
92
99
102

90
92
96
100

87
91
95
93

92
93
94
86

86
87
90
92

90
92
93
94

1,728
1, 725
1,722
1,746

.639
.653
.622
.618

155, 463
153, 782
149,215
151,220

65,938
65, 505
64,884
65,037

100
99

89
87

100
101

92
92

92
91

92
90

93
91

1,767

.620

153,282
151, 897

64,611
63, 756

1919 mo av
1920 mo av
1921 mo. av
1922 mo. av
1923 mo. av
1924 mo av

108
110
85
88
100
90

10O
93

10O
88

100
86

100
95

100
91

100
100

100
92

100
97

100
90

100
94

100
89

1933
May
June
July
August

102
102
100
100

66
99
100
102

103
101
98
97

102
104
102
102

101
102
103
102

100
87
96
99

100
100
100
100

102
99
98
99

104
105
103
102

107
103
101
93

100
100
98
94

100
99
99
97

105
107
106
102

98
96
95
96

102
100
98
94

103
101
101
98

98
98
98
96

100
101
102
102

100
99
98
97

102
101
100
98

92
92
89
92

1924
January
_ *
February
March
.
April

95
97
96
95

98
99
97
93

96
&7
96
91

93
94
%
94

95
97
97
98

97
97
97
92

102
101
101
101

97
99
103
101

94
95
99
102

May
June _
July
August

91
88
85
85

92
94
04
95

88
84
79
81

89
85
80
79

97
95
93
93

88
83
83
87

100
99
98
98

92
85
84
.
84*

September
October
November.. _
December

87
88
88
89

• 97
97
95
96

84
86
86
88

80
81
82
85

93
94
93
93

91
92
91
91

100
101
101
102

1925
January
February
March
April

90
92
92
92

93
93
90
87

60
92
92
91

86
88
89
88

92
93
93
94

92
95
95
92 .

91
90

87
89

89
88

87
87

93
94

90
86

_. .

September
October
November
December __

May
June
July
August

8 99, 970
92, 237
80, 838
71,061
66, 214
64, 755

j

i

September
October
November
December
i Compiled by the U. S. Department of Labor, Bureau of Labor Statistics, and represent weighted indexes based upon the number of wage earners in the respective
industries in jL919;_The original data are taken from the pay roll nearest to the middle of the month. Details of this table can be found in the April, 1924, Monthly Labor
Beview,
pp. 129-132.
2
Average for last 7 months of year; earlier data not available.
Commission. The computation of average wages
Sl.
company men, and all other employees at collieries.
Average of last three months of the year.
Average of 6 months; data for the 6-month period, March to September, not available on account of strike.
Compiled by the U. S. Civil Service Commission, giving number of civilian employees
emplo:
carried on rolls at end of each month. Details by departments are given in
the monthly reports.
»Nine-month average, April to December, inclusive.
6
7




100

Table 72—FACTORY EMPLOYMENT, BY STATES AND CITIES
[Base year in boldfaced type]

YEAR AND MONTH

MasNew
sachu- York
2
setts i

New Penn- Dela- Illi4
3
Jersylsey 3 vania 3 ware nois

Relative to
1914

Rel. to
1922

Relative to 1923

EMPLOYEES TOTAL
PAY
ON PAY BOLL BOLL

TOTAL PAY BOLLS

EMPLOYEES ON PAY BOLL

Wisconsin *

New
DeNew
Jer-3
troit ? York 2 sey

Rel. to Rel. to Rel. to
19157
1914
1920

Penn- Dela3
sylvania 3 ware

Relative to 1923

Wisconsin s

Detroit 6

New York
State 2

Rel. to
19157

Number

Thou- Thous. of
sands
dollars

RELATIVE NUMBERS
1914
1915
1916
1917
1918

monthly av
monthly av
monthly av
monthly av
monthly av

1919
1920
1921
1922
1923
1924

monthly av...
monthly av...
monthly av
monthly av
monthly av.....
mont hly a v

J.

100.0
98.3
112.5
116.8
118.5

100

117. 6
114.7
95.4
101.0
106.6
90.3

120
124
97
105
116
105

100
90

100
89

100

1923
May
June
July
August.

100.0
106.6
104.6
104.2

117
116
115
114

104
102
100
97

September
October
November
December

103. 7
105. 6
104.0
101.6

115
116
115
113

97.2
97.2
96.7
92.3

?

107
141
166
210

7113

55
91
123
115

227
281
201
211
254
235

284
342
191
210
270
262

105

128
136
140

79

100
110
101

100
101
100
100

104
106
104
101

113.2
113. 7
111.4
110.1

123.9
124.4
128.4
126.7

130
125
124
119

97
96
96
96

102
102
100
97

101
97
94
84

109.0
109.0
108.6
107.8

123.1
120.9
120.7
110.9

112
113
113
110

95
95
95
93

94
95
95
94

78
83
84
84

105.9
108.2
108.2
106.9

88.3
85.7
82.0
84.5

105
102
98
99

91
88
84
85

90
86
82
83

81
77
78
76

September
October
November
December

87.2
90.4
90.8
91.3

102
104
104
104

87
88
88
89

85
87
87
89

1925
January
February
March
April

92.6
93.9
93.6
92.4

104
106
107
105

88
87
87
87

90.3
87.6

104
103

86
85

May
June
July
August

May .
June
July

_

j

478
494
579
604
614

100

103
121
126
128

136
135
94
107
124
117

1934
January
February .
March
April

NUMERICAL DATA

100

160
198
258

5,948
6,377
8,366
9,892
12, 481

573
594
464
500
553
504

13,490

177, 533
97, 845
161, 269
218, 713
203, 666

560
555
551
546

15, 484
15, 460
15, 184
14, 816

16, 711

11,943
12, 524
15, 074

100

1OO

100

89

86

83

261
260
256
249

108
107
101
98

106
105
99
100

106
114
107
101

280.1
280.1
280.1

229, 971
222, 045
220, 099
210, 506

121
121
120
132

253
259
255
255

95
94
95
98

101
104
100
99

100
99
101
86

272.2
276.0
275.2
265.0

214. 590
214. 555
212, 397
235, 155

549
556
548
641

15, 039

114.5
123.4
125. 5
122.5

135
136
134
130

250
252
256
245

94
96
96
93

91
96
95
94

81
85
89
93

253.9
283.6
288.7
276.3

239, 503
241, 134
240, 586
231, 617

535
540
542
524

14, 874
14, 978

104.2
100.7
96.2
96.5

116.1
111.4
115., 5
115.0

116
111
111
112

233
224
214
217

91
88
81
82

88
80
72
77

85
78
76
79

266.1

213, 589
201, 701
197, 462
194, 490

503
489
470
471

13, 847
13, 317
12, 741
12, 905

75
76
78
79

97.1
96.1
95.7
97.6

113.6
114.8
116.2
116. 4

111
110
111
54

231
229
231
237

86
86
88
90

79
83
83
90

77
80
78
89

248.3
262.2
263.2

196, 962
194, 845
197, 075
95, 024

489
495
495
499

13, 715
13, 632

90
92
92
91

82
83
83
81

98.5
100.0
98.9
97.9

117.5
119.6
120.1
120.1

117
119
127
133

236
238
245
234

86
87
88
86

88
91
91
88

88
87
87
84

263. 9

207, 561

280.8

211,491

279.1

225, 626
233, 557

497
505
511
502

14, 048
14, 133
14, 532
13, 881

90
90

82
82

96.9
96.5

121. 1
122.3

133
135
137

234
231

90
87

88
85

86
84

289.4
284.8

495
491

13, 891
13, 717

-

267.8

243.2
236.6
250.3

267.1

280.5

236, 686
240, 406
242, 515

13,967

15,406
15, 145
15, 141

15,259
14,530

13,700
14, 101

September

1

* Data from Massachusetts Department of Labor and Industries, Division of Statistics. Yearly figures through 1922 are based on identical plants as secured by a yearly
census. Data for 1923 and 1924 are connected to the series by the chain relative method, representing at least 40 per cent of the firms included in the yearly figures. These
will later be revised by a complete census and subsequent data will be added by the chain relative method.
2 Figures represent reports from 1,648 firms in New York State employing more than one-third of the factory workers of the State, as reported by the New York State
Department of Labor, The 1914 average upon which the index numbers are calculated is an average of the 7 months, June to December, 1914, inclusive. As originally published by the New York Department of Labor, the index numbers are based on June, 1914, and have been recalculated to the 7-month average.
a Compiled by the Federal Reserve Sank of Philadelphia from reports of about 1,000 plants each month in the States of New Jersey, Pennsylvania, and Delaware.
* Data on Illinois represent reports by almost 1,200 manufacturing establishments, employing about 300,000 people, to the IlUnois Department of Labor. Figures on
employees are based upon the number on the payroll nearest the 15th of the month.
* Data compiled by Industrial Commission of Wisconsin. Prior to June, 1923, this index was based on identical manufacturing establishments employing about 80,000
people; thereafter on link relatives from reports of manufacturing, logging, and agricultural firms. .
« Data on Detroit employment from the Employers' Association o/Detroitt covering about two-thirds of the working population of that city Figures for the last week
tt the month are given here.
i Relative td first quarter of 1916.



101
Table 73.—WAGES AND EMPLOYMENT AGENCIES
WAGES OF COMMON LABOR BY GEOGRAPHIC DIVISIONS »
YEAR AND
MONTH

U.S.
Average

West East West
New Middle South East South
North North Moun- PaEng- Atlan- Atlan- South
CenCen- Cen- Cen- tain cific
land
tic
tic
tral
tral
tral
tral

U.S. FARM
STEEL WAGES
CORP. (withWAGE
out
RATES' board) 3

U.S.
average

Dollars

Cents per hour

mo.
mo.
mo.
mo.
mo.
mo.

av_
av_
av.
av.
av.
av.

20
23
28
36

20
25
31
39

20
24
30
38

14
16
21
27

12
13
17
23

16
17
21
28

21
24
29
39

25
28
34
45

26
29
36
44

1919
1920
1921
1922
1923
1924

mo.
mo.
mo.
mo.
mo.
mo.

av_
av.
av_
av.
av.
av.

41
49
36
32
38
38

41
49
38
39
51
50

41
50
35
36
45
45

32
37
26
21
25
28

28
32
25
20
22
24

36
40
28
24
25
27

43
53
35
31
39
40

53
62
45
31
34
36

1923
May
June
July
August

37
39
39
40

53
53
52
54

46
47
48
49

25
28
27
27

22
26
22
22

24
24
25
24

40
42
41
43

September..
October
November..
December...

40
40
41
40

52
54
54
53

48
47
49
47

29
29
29
28

24
23
25
24

26
26
24
28

1934
January
February —
March
April

38
38
41
39

62
53
60
52

47
48
55
48

27
27
33
27

23
23
22
25

May
June
July
August

38
39
38
38

51
51
51
47

47
47
43
42

27
30
28
28

September,October
November..
December...

39
38
38
37

48
47
46
47

41
41
41
43

1925
January
February
March
April

36
38
38
38

44
45
48
47

38
38

46
46

26
28
36
45

20
20
20
24
30
38

$30. 31
29.88
30.15
32,83
40.43
48.80

47
55
46
37
42
41

52
60
50
48
54
62

42
46
38
32
39
40

56.29
64.95
43.32
41.79
45.40
47.63

36
36
36
37

40
41
46
44

51
53
54
56

40
40
40
40

43
42
41.
46

38
39
37
32

43
43
42
43

56
59
69
55

40
40
40
40

25
24
29
26

40
41
43
41

35
33
36
35

45
39
37
41

52
51
50
53

40
40
40
40

25
25
24
25

26
27
26
28

41
38
39
39

30
35
36
39

41
45
41
40

51
55
53
53

40
40
40
40

29
30
28
27

24
24
25
23

28
27
28
27

43
40
41
39

39
38
37
37

43
42
41
41

52
53
52
52

40
40
40
40

52
46
44
46

22
23
25
29

21
26
24
23

28
29
28
27

34
41
36
37

36
39
41
37

39
39
43
42

62
51
53
63

40
40
40
40

42
42

28
29

26
26

24
25

37
38

38
38

45
47

62
63

40
40

48.14

48.70
48.67

45.81

46.45
47.62

48.15

48.52
45.24

47.68

48.55

Eastern
States

Cen- South- Western
tral
ern
States States States

Number of applicants per job

per mo.

1913
1914
1915
1916
1917
1918

Ivtay
June
July

EMPLOYMENT AGENCIES"

<1.73
1.27
1.05
1.43

< 1.31
1.06
1.00
1.27

*2.35
1.46
1.31
1.80

U.64
1.25
1.09
1.30

<0.95
.70
.60
.69

.87
.94
1.10
1.04

.80
.92
1.07
1.02

1.05
1.10
1.26
1.29

.90
.99
1.06
.97

.46
.62
.80
.60

.97
1.08
1.27
1.55

.92
1.05
1.21
1.50

1.21
1.30
1.52
1.93

.90
.98
1.12
1.43

.59
.63
.69
.70

1.61
1.45
1.39
1.26

1.45
1.32
1.25
1.09

1.95
1.77
1.70
1.53

1.58
1.38
1.36
1.19

.83
.72
.73
.68

1.36
1.57
1.59
1.69

1.20
1.42
1.43
1.25

1.81
2.11
2.00
1.75

1.19
1.31
1.34
1.31

.58
.69
.82
.67

1.26
1.29
1.41
1.52

1.16
1.12
1.22
1.31

1.64
1.65
1.74
1.95

1.11
1.22
1.27
1.88

.57
.59
.71
.66

1.74
1.63
1.45
1.24

1.42
1.39
1.26
1.11

2.32
2.22
1.89
1.52

1.47
1.32
1.34
1.20

.70
.57
.65
.63

1.29
1.55

1.24
1.18

1.62
1.80

1.22
1.22

.59
.59

i Compiled by the U. S. Department of Agriculture, Bureau of Public Roads. The current data beginning January, 1922, are compiled directly from Federal aid project
reports. Back data have included reports on farm labor or other forms of common labor closely correlated as reported to the Department of Agriculture and the Department
? Average rates in the Pittsburgh district reported by the United States Steel Corporation; rates apply to 10-hour day except for the period October 1,1918, to July 16,
1921,3 during which period the rates applied to a basic 8-hour day with time and a half for overtime.
Average rates paid to farm labor as reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics.
*5 Six-month average June to December, inclusive.
. A j * «... *
*
•* *
Compiled from weekly reports to the U. S. Department of Labor, Employment Service, showing the number of workers and jobs registered at State and municipal
employment agencies. Eastern States Included in the report are Connecticut, District of Columbia, Massachusetts, New Jersey, New York, and Rhode Island (Delaware,
Maryland, and Pennsylvania, now reporting, are excluded to show true comparison). Central States are Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri,
Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Southern States Include Alabama, Arkansas, Georgia, Kentucky, North Carolina, Oklahoma, Texas,
and Virginia. Western States include Arizona, California, Colorado, Idaho, Oregon, and Washington; Montana is included beginning with March, 1922, its figures being
£0 small as not to affect the total.




102

Table 74.—WEEKLY EARNINGS OF FACTORY LABOR
[Base year in boldfaced type]
BY STATES

U. S. TOTALS, 23 INDUSTRIES 1

Men

YEAR AND
MONTH

Grand
total

UnTotal Skilled skilled

PennWo- Mas- New New
Jer- syl- 7 BeiaYork e sey
men sachui vania ware?
setts »

Relative to 1914

Relative to July, 1914

Relative to 1923

U. S. TOTALS, 23 INDUSTRIES »

Men
Illinois '

Wiscon-9
sin

Grand
total

-Bel. to Rel. to
1922
1915

100

103.2
116.6
134.7
167.8

103
116
131
188

n 108
125
146
186

2233
205
204
223
215

190.8
227.6
196.8
196.6
223.8
210. 7

188
226
206
201
218
222

100
98

209
254
202
196
218
223

229.51
23.57
324.06
26.25
26.27

2 31. 72
25.05
3 25. 69
28.27
28.31

2 33. 31
26.55
3 27. 42
30.12
30.04

216
217
215
213

225
226
224
222

230. 0
225. 2
222. 9
228.0

220
222
221
224

215
217
213
216

215
221
221
217

222
222
222
219

227.1
226.4
222.1
218.6

211
214
204
204

210
213
202
203

212
214
205
205

214
203
201
205

207
211
211
214

211
214
213
217

210
213
218216

211
211
213
215

216
216
217
215

220
221
221
220

217
219
220
21»

215
211

222
218

220
216

mo.
mo
mo
mo
mo

av_. <100
av
av
av
av

1919
1920
1921
1922
1923
1924

mo
mo.
mo.
mo.
mo.
mo.

av
av__
av__
av_.
av__
av_.

2235
188
3192
209
209

2238
188
3 193
213
213

2235
188
s 194
213
212

2253
191
3 192
211
213

1923
September...
October
November__December...

213
216
215
215

216
218
217
215

215
218
217
214

1924
January
February
March
April

215
217
214
213

215
218
215
217

May
June
July
August .

208
203
200
201

September...
October
November...
December

1925
January
February
March
April

Women

NUMERICAL DATA

i 100 <100 ilOO *100 100 0

1914
1915
1916
1917
1918

May
June
July
August

UnSkilled skilled

Dollars

RELATIVE NUMBERS

•

Total

NEW
YORK
STATE
(6)

4 $12. 54

* $13. 3ft < $14. 16 * 110. 71 4 $7. 84

2 27. 11 2 18. 27
20.48
16.07
3 20. 53 s 15. 99
22.61 17.46
22.86
16.89

$13.48
12.85
14.43
16.37
23.50
23.50
28.15
25.72
25. 04
27.23
27.68

100

1OO

102

100

10100
110
112

98
98
99
102

100
103
101
103

98
101
107
102

112.3
114.2
109.8
114.4

221.2
228.5
228.3
221.7

26.74
27. 14
26.99
26.94

28.67
28.99
28.81
28.53

30.41
30.81
30. 73
30.29

23.17
23.25
23.02
22.86

i7.ee
17.69
17. 59
17.39

27.41
27. 7£
27.64
27.97

223
222
226
222

99
102
102
101

98
103
102
102

103
102
105
108

110. 4
114.8
111.8
112.6

213.5
230.6
230.8
226.2

26.94
27.20
26.89
26.67

28.64
29.05
28.59
28.81

30.38
30.73
30.12
30.55

23.04
23.67
23.70
23.19

17.38
17.36
17.41
17.17

27.81
27.73
28,16
27.70

216.4
213.5
214.2
211.4

217
218
217
220

101
101
97
98

100
95
89
94

103
99
95
101

112.0
110.9
108.0
109.1

229.5
218.5
204.9
217. 6

26.10
25.44
25.12
25. 18

28.11
28.52
27.07
27.14

29.75
30.19
28.62
28.68

22. 75
22.94
21.95
2L.94

16. 74
15.95
15.76
16.04

27.54
27.21
27.12
27.40

218
221
220
219

192.4
208.9
188.0
190.1

225
221
222
226

100
99
101
101

94
97
97
103

100
103
97
110

110.1
112.0
111.8
114.8

218.2
227.8
226.2
229.1

25. 98
26.45
26. 41
26.85

28.11
28.44
28.37
28.90

29.76
30.21
30.84
30.65

22.56
22.60
22.84
23.08

17.11
17.36
17.21
17.18

28; 03
27.53
27.66
28.26

224
222
223
222

227
226
225
222

189.5
189.1
188.9
184.5

227
224
228
222

98
101
101
98

99
101
101
99

104
102
102
101

111.9
113.9
112.1
113.2

224.0
234.1
231.7
232.9

27.09
27.12
27. 19
27.01

29.20
29.35
29.45
29.25

30.75
30.96
31.09
30. 85

24. 02
23.81
23. 86
23.75

17.79
17.70
17.62
17.44

2&29
27.97
28.45
27.67

221
217

223
216

185. 4
182.9

225
224

104
102

100
97

102
100

113.0
113.8

238.4
232.8

27.02
26.49

29.50
28.98

31.19
30.65

23.66
23.19

17.50
16.95

28.07
27.94

September.. .
October
November...
December...
1 Compiled by the National Industrial Conference Board from reports from 1,678 manufacturing plants employing 506,315 people in January, 1921, and representing 23
industries. The nominal hours per week represent the weighted number of hours the plants are supposed normally to operate, while the actual hours represent the average man hours worked each week. The grand total weekly earnings are compiled by weighting the average earnings in each industry by the number of wage earners employed as reported by the Census of Manufactures of 1919, but as it was impossible to obtain the necessary weighting factors for the classes of labor, the latter averages
are unweighted;
hence, the relative number for the grand total sometimes is lower than the relative number of any class, owing to the different methods of computation.
2
Average of last seven months of the year.
3
Average
of
last
six months of the year.
4
July, 1914.
8
Data from Massachusetts Department of Labor and Industries, Division of Statistics. Yearly figures through 1922 are bas«d on identical plants as secured by a yearly
census. Data for 1923 and 1924 are connected to the series by the chain relative method, representing at least 40 per cent of the firms included in the yearly figures. These
will later be revised by a complete census and subsequent data will be added by the chain relative method.
c Figures represent reports from 1,648 firms in New York State employing more than one-third of the factory workers of the State, as reported by the New York State

index on earnings is relative to the last six mon
9
Data compiled by Industrial Commission of Wisconsin. Prior to June, 1923, this index was based on identical manufacturing establishments employing about 80,000
people; thereafter on link relatives from reports of manufacturing, logging, and agricultural firms.
w Relative to last six months of 1922.
11 Relative to first quarter of 1915.




103

Table 75.—PAY ROLL AND HOURS IN INDUSTRIAL ESTABLISHMENTS
AVERAGE
WEEKLY2
HOURS

PAY-BOLL INDEX

Total,i
12
groups

YEAR AND MONTH

Food
and
kindred
products

Textiles
and
their
products

Lum- Leather
Iron
Chem- Stone,
ber
and
Paper
clay,
icals
and itsand
steel
fin- and
and
and
and
its
other
ished
printglass
their manu- proding
prod- prodprodfacucts
ucts
ucts
ture
ucts

Metal
and
Vehimetal
Tocles Miscelprod- bacco
for
laneucts manu- land
ous
other
facindustransthan
ture
portatries
iron
tion
and
steel

July
monthly average.
monthly average.
monthly average.
monthly average.
monthly average.

Actual

NUMERICAL
DATA

INDEX NUMBERS RELATIVE TO 1923
1914,
1920
1921
1922
1923
1924

Nominal

51.5
848.7
45.5
<49.2
49.2
46.8

100
91

100
98

100
87

100
87

100
97

100
88

100
102

100
93

100
101

100

100
96

100

85

88

100
91

55.0
»50.0
49.7
<50.0
49.9
49.7

1922
July
August _ _
September..
October
November
December

74
79
83
86
90
93

85
85
90
92
96
96

83
86
89
91
92
94

62
67
73
79
84
89

84
89
88
99
90
90

88
94
95
95
98
103

88
88
92
94
94
98

85
88
90
92
90
93

84
87
87
86
84
86

70
88
90
96
102
102

105
104
107
108
112
111

60
70
76
82
90
91

72
78
79
81
87
95

50.0
50.0
49.9
50.0
50.0
60.1

48.0
48.8
48.9
49.5
49.8
50.0

1923
January
February
March
April

92
95
100
101

94
93
95
95

99
102
106
103

88
93
97
99

87
89
93
98

104
106
108
105

96
97
100
101

93
95
101
103

86
87
92
100

104
107
115
113

104
100
104
99

87
92
99
101

93
96
105
108

50.2
50.1
50.2
50.1

50.1
49.8
50.1
50.3

105
105
100
99

97
100
101
99

105
102
99
98

106
108
100
102

102
105
104
104

104
99
94
97

102
101
100
97

103
101
103
99

105
106
100
103

112
108
98
91

98
100
97
87

104
104
100
103

112
110
99
91

50.2
50.2
49.9
49.9

49.8
49.5
49.5
48.7

September
October _
November
December

100
102
101
99

104
106
107
105

98
99
94
96

102
104
101
99

104
105
106
103

97
97
94
96

99
102
102
104

102
103
99
99

104
106
105
102

87
89
88
90

97
104
104
106

100
107
105
98

95
95
100
96

49.5
49.6
49.5
49.7

48.0
48.3
48.2
48.1

1934
January
February
March
April

95
99
99
97

99
100
99
95

97
101
97
90

93
98
100
98

94
100
101
102

96
97
96
88

103
104
104
104

95
97
101
100

97
101
105
109

88
102
107
101

100
99
98
90

87
97
97
97

96
101
99
99

49.6
49.0
50.1
49.9

48.5
48.3
47.8
47.4

May
June
July
August

92
87
81
84

96
98
98
96

83
79
72
78

91
82
73
76

101
99
92
93

83
79
78
87

103
101
97
97

94
89
86
87

108
106
94
98

89
79
71
72

92
95
93
93

91
84
77
81

95
86
84
82

49.9
49.9
49.6
49.5

46.6
45.4
44.8
45.2

Sp>.pt,fi mbfir

October
November _
December

86
89
88
92

100
97
97
100

84
87
83
90

77
81
82
88

96
98
96
97

91
92
85
88

101
103
103
106

89
90
92
92

98
101
99
100

74
77
80
84

97
88
100
103

82
87
84
86

85
84
87
90

49.6
49.6
49.7
49.8

46.4
47.1
47.1
47.1

1925
Janauary
February
March
April

90
95
97
94

96
95
93
88

92
96
97
91

90
93
94
91

90
96
98
97

92
96
96
88

105
104
106
104

91
94
100
99

92
98
102
105

80
88
95
92

96
89
90
76

79
92
96
97

91
96
98
97

49.8
49.9
49.9
49.9

48.5
48.6
48 6
48.2

94
92

90
93

88
85

92
89

98
100

87
82

104
103

94
91

107
106

90
90

93
92

97
93

99
93

50.1
49.8

48.1
47.4

May
June
July
August

..

May
June
July
August
September
October
November
December

1 Compiled by the U. S. Department of Labor, Bureau of Labor Statistics, and represent weighted indexes of the amount of the pay roll at the date nearest the middle
of each month, for 52 industries combined into 12 groups as above. The groups are weighted in accordance with the aggregate earnings of the respective industries in 1919.
The 2actual data are obtained from a varying number of reporting firms each month, the months of 1925 covering over 8,000 firms.
Compiled by the National Industrial Conference Board from reports from 1,678 manufacturing plants employing 506,315 people in January, 1921, and representing 23
industries. The nominal hours per week represent the weighted number of hours the plants are supposed normally to operate, while the actual hours represent the average

man hours worked each week.
3 Average of last seven months of the year.
* Average of last six months of the year.



104

Table 76.—FACTORY TIME OPERATIONS

Total,
12
groups i

YEAR AND MONTH

Food
and
kindred
products

Textiles
and
their
products

Iron
Lum- Leather
Chem- Stone,
and
ber
and
Paper
clay,
icals
steel and
its
finand
its
and
and
and manu- ished print- other
glass
their
prodfacproding
prodprodture
ucts
ucts
ucts
ucts

Metal
and
Vehimetal
Tocles Miscel- Ratio
prod- bacco
for
lane- actual
ucts manu- land
ous
time to
other
factrans- indus- capacthan
portature
tries
ity a
iron
tion
and
steel

AVERAGE PER CENT OF FULL TIME OPERATED
1924 monthly average 3

91

87

88

89

94

90

95

90

92

90

91

93

92

72

90
88
87
88

82
85
82
86

87
80
81
85

91
88
86
86

94
92
90
90

86
88
89
89

96
94
92
93

90
86
89
88

93
93
91
92

85
84
85
90

88
93
91
93

93
91
90
91

96
90
89
89

69
67
65
68

September
October
November
December

91
92
91
92

91
91
89
89

89
91
91
92

87
88
88
90

93
95
95
96

93
92
90
91

95
96
95
96

91
91
89
91

91
90
91
91

92
88
91
94

94
93
90
96

92
94
93
94

91
93
91
93

72
75
74
75

1925
January .
February
March
__
April

92
93
93
92

89
89
84
83

94
96
96
94

91
93
92
92

92
95
95
95

92
93
92
88

96
96
95
95

93
93
97
97

87.
90
89
93

95
97
96
96

94
92
89
82

94
95
96
97

93
93
95
94

75
77
77
76

92
92

83
86

93
93

93
92

95
95

87
87

95
94

96
95

92
92

97
96

91
94

96
95

91
93

75
75

1924
May
June
July
August

.
_.

May
June
July
August

.. .

September
October
November
December
AVERAGE PER CENT OF FULL CAPACITY OPERATED
1924 monthly average 8

_-

79

78

78

70

87

73

89

76

84

69

77

82

73

__

77
76
75
77

71
72
73
78

76
73
72
73

69
67
65
67

87
85
84
84

65
67
68
72

88
87
86
87

72
69
73
72

86
85
83
84

64
64
66
65

73
77
77
77

82
78
78
79

70
69
69
71

.

79
81
81
81

83
83
82
83

79
81
83
84

68
70
69
71

88
89
89
89

79
80
76
80

90
90
91
90

76
79
80
76

82
82
83
83

69
69
72
73

81
82
80
81

81
84
82
80

73
77
73
74

January..
February
March
April

82
83
83
83

82
82
79
76

85
86
87
87

73
74
74
73

87
89
89
90

80
83
81
78

91
92
91
92

78
83
85
87

76
83
83
87

77
80
76
78

84
80
74
75

84
85
84
85

78
77
76
78

May
June
July
August

82
82

76
81

85
84

75
74

89
89

79
79

92
91

73
66

83
85

77
81

79
80

83
85

76
76

1924
May
June
July
August
September
October.. .
November
December ._

1925

October
November
December .

_ __

1
Compiled by the U. S. Department of Labor, Bureau of Labor Statistics, from reports of over 6,000 firms, employing over 2,000,000 people showing, in the lower pan; of
table, the percentage of their capacity force employed each month and, in the upper part of table, the percentage of full time worked by the force actually employed.
Detailsfor individual industries of each group and percentage of firms operated at full capacity and at full time are given in "Employment in selected industries," issued
each month by the Bureau of Labor Statistics.
a These data, compiled by multiplying the percentage of capacity operated, as shown in the first column of the lower half of this table, by the percentage of time
operated, as shown in the first column of the upper half, indicate the approximate actual employment time relative to capacity.
* Average of last 10 months of year.




105

Table 77.—DISTRIBUTION MOVEMENT
MAIL-ORDER HOUSE SALES *
Total
YEAR AND
MONTH

4
2
houses houses '
INDEX NOS.
Rela- Relative to tive to
1919
1913

1913
1914
1915
1916
1917
1918

Mont-

buck

Ward

gomery

& Co. & Co.

1 '

Total '

$7, 965
8,427
9,389
12, 237
14, 856
16, 544

$3, 310
3,420
4,113
5,178
6,592
6,664

$13, 543
14, 611
17, 066

264
264
188
204
259
284

$36, 569
37, 693
26, 190
28, 695
36, 098
38, 421

29, 772
30, 233
21, 970
22, 969
29, 182
32, 074

21, 494
21, 217
14,834
15, 180
17, 962
18, 515

8,838
9,192
6,330
7,706
11, 220
16, 272

18, 380
20, 688
20, 759 8 $2, 157
22, 901 2,333
25, 085 2,593
26, 335 2,809

1924
January
February
March
April

98
96
105
114

271
270
279
300

35, 936
35, 027
38, 529
41,551

30, 508
30, 468
31, 450
33, 836

19, 303
17, 878
17, 381
20, 099

11,205
12, 590
14, 069
13, 737

26, 031
25, 264
27,463
26, 918

2,859
2,728
2,950
2,818

90
89
69
74

243
239
196
211

32, 797
32, 438
25, 186
27, 117

27, 404
26, 978
22, 069
23, 809

16, 318
13, 939
13, 416
13, 476

11,086
13, 039
8,653
10, 333

25, 915
23, 524
22, 728
22, 545

2,651
2,433
2,597
2,565

September
October
November
December...

106
141
131
148

279
364
351
411

38, 667
51, 688
48, 016
54, 093

31, 448
41, 063
39, 541
46, 316

17,905
23,801
22, 488
26, 171

13, 543
17, 262
17, 053
20, 145

25, 898
29, 119
26, 471
34, 149

2,718
3,145
2,627
3,613

1925
January
February
March
April

108
105
119
117

308
299
318
322

39, 337
38, 418
43, 642
42, 763

34,746
33, 756
35, 837
26, 275

22, 082
21, 033
19, 817
21, 747

12, 664
12, 723
16, 020
14, 528

27, 271
25,644
29, 085
29,083

2,979
2,856
3, 035
3, 108

95
101

262
271
248

34, 648
37, 050

29, 529
30, 526
27,916

17, 469
16, 095
17, 073

12, 060
14, 431
10, 843

27, 455
26, 987
25, 707

2,873
2,833
2,888

May...
June
July
August

Domestic * (50 principal cities)

ADVERTISING

Foreign 8

Paid
Issued
50 in- class
(quarlected dusterly)
trial
Num- Value Numcities
Value

Maga-( News-7
paper
zine

ber

ber

cities

$11, 275
11,847
13, 498
17, 407
20, 982
22, 891

POSTAL MONEY ORDERS

50 se-

19] 9 monthly av... 100
1 920 monthly av___ 103
1921 monthly av._.
72
1922 monthly av...
79
1923 monthly a v.._
99
1924 monthly av...
105

May
June
July
August

Second 3

Thousands of dollars

100
105
120
154
186
203

monthly av._
monthly av._
monthly av
monthly av
monthly av
monthly av

Sears,

Roe-

4
%
houses houses

POSTAL RECEIPTS

Thou- ThouThou- sands
of
sands
dollars sands

Thousands of
dollars

$5, 190
4,537
$11, 467 3,719
12, 702 3,609
14, 657 2,748
17, 837 2,680

1,224
1,161
1,147
1,415
1,490
1,344

61, 440
62, 671
61, 067

83,859
95, 832
86, 661
91, 131
97, 402
96, 557

Thousands of
agate lines

$2, 525
2,598
2,684
2,898
2,860
3,367

6,313
7,248
7,149
6,784

$34, 812
40, 592
44, 863
50, 587

1,315
1,470
1,610
1,711

5, 051
5,914
4,898
6,851
7,233
7,386

7,773
8,098
8,211
9,409
10, 391
10, 797

65, 356
72, 432
64,827
68, 462
78, 913
84, 515

1,895
2,059
2,107
2,340
2,684
2,981

21, 713
25, 017
23, 351
24,544
28,005
29,831

2,970
1,858
1,519
1,859
3,480
3,436

1,890
2,305
1,480
1,573
1,953
2,034

10, 867
10, 482
11, 993
12, 046

77,642
75,404
108, 773
87, 981

3,028
2,823
3, 337
3,062

29,118
28, 189
33, 268
30, 360

2,773
2, 439
3,575
3,336

1,746 92, 172
1,945 89, 152
2,219 104, 116
2,482 107, 420

8,006
10, 659
9,712
9,064

81, 618
77, 450
72, 940
69, 552

2,950
2,894
2,724
2,591

30, 434
28, 405
28, 018
27, 210

3, 265
3,050
3,225
2,931 |

2,411
2,212
1,658
1,408

9,880
12,000
11, 294
13, 558

77, 980
95, 784
88, 962
100, 098

2,795
3,052
2,941
3,573

28,398
30, 763
29,802
34,002

2,890 |
3,070
4, 426
6,503

1,795 94,903
2,213 108, 594
2,201 102, 662
2,121 102, 667

11,188
10, 533
12, 909
12, 031

61, 179
74, 014
91, 845
87, 883

3,127
2,960
3, 605
3,234

30, 563
28,683
33, 512
31, 097

2,716
2,840
3,540
3,278

1,537 93,088
],975 85, 803
2,222 106, 501
2,443 107, 902

10, 486
11, 933

78, 573
80,682

3,014
3,127

30, 230
30, 840

3, 206

2,392
2,232

7,881

7,418

6,682

7,563

7,917

105, 412
97,409
76, 408
76, 674

109, 142
96, 012

September
October-.
November
December
1 Sales of four principal mail-order houses compiled by Federal Reserve Board and include Sears, Roebuck & Co., Montgomery Ward & Co., National Cloak & Suit Co.t
Lar~kin
& Co. Data on two chief houses, extending back to 1913, total the sales of Sears, Roebuck & Co. and Montgomery Ward & Co.
2
Data from U. S. Post Office Department. The 50 selected cities cover the largest cities in the country, the industrial cities comprising the next largest. The war revenue
act of Oct. 3, 1917, provided for an increase in the rate for first-class letter mail from 2 cents per ounce or fraction thereof prior to Nov. 1, 1917, to 3 cents per ounce or fraction
thereof, from Nov. 1, 1917, to July 1, 1919, and an increase of the rate on postal and post cards from 1 cent to 2 cents each during the same period. Since July 1, 1919, the
old rates on first-class mail have been restored. Under this act a stamp tax of 1 cent for each 25 cents postage charge or fraction thereof is collectible on parcel-post matter.
Effective April 15, 1925, the new postal rates applicable almost entirely to matter other than first class have operated to increase the magnitude of these data, thereby
affecting
their comparability from this point forward.
3
Note that these data from U. S. Post Office Department represent quarters ending in the months specified and the annual figures represent quarterly averages for each
year, not monthly averages. The war revenue act of Oct. 3, 1917, provided for a series of graduated
annual rate increases on second-class mail as follows, compared with a
flat rate of 1 cent per pound previous to July 1, 1918. From July 1, 1918, to June 30, 1919, ll/i cents, and since July 1, 1919,
, VA cents per pound, these changes applying
regardless of zone or distance, to portions of publications devoted to reading matter. For the advertised portions the country was divided into eight zones, each with a
graduated rate and its corresponding annual increase, beginning with July 1, 1918, and reaching the maximum on July 1, 1921, making, for the first time, a differentiation
between
the rates on reading and advertising matter.
4
Total of 50 cities transacting two-thirds of the total money-order business of the country, from the U. S. Post Office Department. Money orders paid include, in addition to those both issued and payable in the 50 cities, those presented for payment but issued at any of the other offices in the United States and the 22 foreign countries,
mostly in North America and West Indies, to which domestic postage rates apply.
f> Money orders issued to 10 principal foreign countries, representing approximately 95 per cent of total money orders issued by U. S. Post Office Department. The
countries are Great Britain, Canada, Mexico, France, Italy, Netherlands, Denmark, Norway, Sweden, and Japan.
67 These figures represent the number of lines of advertising carried by the leading magazines dated for the month noted, as compiled by Printer's Ink.
Compiled by the New York Evening Post from 22 identical cities: New York, Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Boston, Baltimore, Los Angeles,
Buffalo, San Francisco, Milwaukee, Washington, Cincinnati, New Orleans, Minneapolis, Indianapolis, Columbus, Louisville, St. Paul, Birmingham, and Houston. For
the years 1916 to 1918 no reports were available for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the
18 other
cities, allowing 13.85 per cent of the total to the four missing cities, the average ratio of those cities to the total in the subsequent years.
8
Six months' average, July to December, inclusive.




TiiWe 7&—CHAIN-STORE SALES
[B&rative numbers for base year in boJtffaced type; numerical (fata on opposite page]
GROCERIES
(«? efeaim) s

FIVEAN»
TEN
(5 chains)

DRUG
(9 churns)

CIGAR
(3. ciiains)

SHOE
(6 chains)

MUSIC
(i chains)

CANDY
(5 chains)

With
With
With
With
With
With
With
seasonal Actual seasonal Actual seasonal Actual seasonal Actual seasonal
Actual seasonal
Actual seasonal
correc- Actual :; correccorreccorreccorreccorreccorrection 2
tion. 2
tion,2
tion 2
tion 2
tion 2
tion 2

YEAR AND MONTH

Relative to 1919
1919 monthly average
_ _ .
1920 monthly average . __
1921 monthly average
.___
1922 monthly average
1923 monthly average
1924- monthly average
1933
_ _
-.-

100
146
130
151
188215

100

100

100

100

100

120
124
140
165
185

121
123
127
144
150

133
132
128
135
138

120
113
114
123
133

109
88
101
113
101

145
146
143147

145
140
149
154,

129
126
12ft
130

135
137
138
137

124
124
127
129

125
126
126
128

129
123
127
127

126
127
128
129

124
119
105
84

108
112
115
1QS

151
160
167
177

159
155
186169

135
155
151
279

145
143
145
151

129
133
123
162

131
130
131
133

135
127
127
179

135
122
128
132

116
121
123
162

121
107
113
124

1923
January
February
, ,
March . -_
.„_. ... .
April
. ... . ..^

173
171
207
181

172
178
191
178

115
117
162
142

158
156
169
152

129
126
145
135

134
143
139

116
110
135
125

133
130
139
130

86
72
145
125

113
107
145
107

May
June
..
July . „
August-

190
184
179
180

190
187
186
189

154
154
143
153

162
168
158
161

142
149
141
145

144
151
139
145

137
136
128
135

134
140
129
138

143
144
102
95

184
201
204
203 ;

194
195
202.
194

151
180
176
331.

162
166
168
179

143
152
141
185

145
149
150
152

140
138
134
193

140
132
135
143

205
20L
200
210

204
2QQ184
208

126
140
163.
178

173
. 179
170
190

141
143
149
145

146
150
147
149

119
124
136
130

214
200
206
201

214
203
214
211

174
162
163
172

183
177
179
181

150
143
148
152

153
146
147
151

210
232
253

221
234
230
242

169 !
203'
199

366

183
188191
198

145
159I45:
187

250: 1
233
252
25S .

249
243
233
255

151
156
177
195

207
209
185
208

155
146
160
159

;

25426£

19*
18.7

201

]#$
167

May
June
July
August

September
October
November _ . „
December
.

September
October
November
December

-

_

...
..
_.
«
_ _

.

1924
January... __ .
February
March
April
May
June
July
August...

_

__

September
October
November
December

24ft
.

;

100
138
142
147
176
19,0-

i; sisi

97
102
112;
111

142
137
141
149

148
146
144.
149

118
99
97
108

154
150
145
220

155
147
152,
151

95
88
96
99

116
107
107
116

131
137
191
154

156
162
189
154

124
135
112
121

100
97
82
103

12ft
122:
111
115

168
170
169
176

174
182
172
176-

127
139
131
171

133
123
121
130

102
137
149
214

102:
113?
119J
113

176
186
180
270

137
140
140
136

99
93
1.1.8
178

130
132
118
153

84
97
88

102
112110
103

154
167
184
205

184
19O
182
205

143
131
128
138

141
134
129
141

150
140
113
108

130 i
132
123 \
138 1

82
75
7
2
91

9994
97
102

186
169
177
180

193
181
181
179

147
158; !
16*
153

137
144
192

137
137
139
142;

124
138
145
186

129 i
122 1
134
142

110
124
111 i
184 !

110'
10£
87; f
98 (

189
199
186
282"

192
194
195
188:

161
161
159
164-

122
119
131
134

141
140
135
139;

I07;
1GQ
127
177

141
149
nr
152

112 :
120 i
116
126

162

;

92
9ft
106
107

175
188
210

193;
207
186
210^

1W
170,

143
134

140
137

14ft
152^ ~

129
M2:

1
[

m
m

116
125

195
184

138

. 138

83
99

118" '
119
121
204

:

99

.

178
181
189
185.

1935

January
February
March
April ....
May
June
.
July
August.
.

.
-

254
257

;

203

\
,

m
197

.

October




1

;;
i

i
i
i

See footnotes on opposite page

1

1_"T""""|

1

107

Table 79.—CHAIN-STORE SALES'
[Base year in boldfaced type; relative numbers on opposite page]
GROCERIES
(27 chains)
YEAR AND MONTH

Thousands of
dollars

FIVE ANJ> TEN
(5 chains)

Number of
stores

Thousands of
dollars

15,362
18, 351

$17 190
20, 491
21, 160
23, 875
28, 172
31, 574

CIGAE
(3 chains)

D&UG
(9 chains)

Number of
stores

Thousands of
dollars

1,819
1,958

$3,917
4,737
4,826
4,985
5,6-55
5, 899

Number of
stores

Thousands of
dollars

492
525

$5, 535
7, 852
7,800
7,538
8,025
8,197

SHOE
(8 chains)

Number of
stores

Thousands of
dollars

2,737
2,776

$3, 337
2,804
2,651
2,663
2,880
3, 103

Number of
stores

MUSIC
(4 chains)
Thousands of
dollars
$905
989
775
914
1,026
917

CANDY
(5 chains) '

Number of
stores

Thousands of
dollars

Number of
stores

59
55

$949
1,308
1, 348
1,391
2,133
2,307

3120
3134

1919 monthly ave
1920 'monthly £tve
1921 monthly avo
1922 monthly ave. _
1923 monthly ave__
1924 monthly ave__

28 046
40,794
36, 351
42,404
52, 732
60, 119

±922
May
June
July
August

40, 705
41,064
40, 166
41, 143

22, 004
21, 576
21, 497
22, 157

4,840
4,864
4,965
5,040

7,269
7,310
7,541
7,521

2,906
2,784
2,447
1,972

732
736
751
897

1,349
1,297
1,335
1,418

September
October
November
D ecember

42,359
44. 726
46, 865
49, 584

23,079
26, 536
25, 854
47,623

• 5,. 052
5,224
4, 826
6,324

8, 025
7, 528
7, 519
10, 586

2, 713
.2,837
2,871
3,791

1, 070
1,075
1,092
1,844

1, 456
1, 426
1, 373
2, 090

1933
January
February
March
April

48, 483
47, 820
57,989
50, 741

13, 816
14, 010
14, 311
14,593

19, 692
19, 920
27, 726
24,239

1,761
1,783
1,800
1,796

5,064
4,919
5,674
5,289

465
477
484
483

6,847
6,499
7,968
7,394

2,754
2,737
2,732
2,747

1, 998
1,678
3,388
2,919

322
328
334
335

860
795
869
894

58
58
58
58

1,589
1,659
2,323
1,876

May
June
July
August

53, 334
51, 694
50, 185
50,589

14, 982
15, 238
15, 633
15,837

26, 270
26, 365
24,448
26, 120

1,818
1,817
1,813
1,817

5, 563
5,843
6,505
6,696

488
488
492
492

8, 089
8,074
7,566
8, 019

2,747
2,759
2,759
2,754

3,345
3,352
2,384
2,220

337
342
344
339

905
880
745
929

59
59
59
59

2, 036
2, 064
2,052
2,141

September
October
November
December

51,594
56, 286
57,094
56, 974

16,033
16,422
16, 639
16, 827

25, 766
30, 806
30,049
56,644

1,828
1,847
1,872
1,882

5,585
5,962
5,507
7, 261

500
506
518
514

8,284
8,197
7,925
11, 435

2, 747
2,700
2, 698
2,705

2,972
3,243
3, 069
' 3,992

354
359
362
364

923
1,235
1,346
1,933

69
69
59
69

2, 137
2,257
2,182
3,275

1924
Januarv
February __
March
April.

57,625
56,233
56, 032
59,028

17, 161
17, 294
17, 456
17, 703

21,531"
23, 881
27,922
30, 398

1,893
1,894
1,920
1,933

5,506
5,583
5, 831
5,683

520
521
524
524

7, 052
7,335
8, 042
7,713

2,770
2,699
2,721
2,741

2, 308
2,166
2, 754
4, 170

365
371
383
398

761
876
894
795

69
57
57
55

1,876
2,031
2,230
2,494

May
June
July.
August

60,071
56, 002
57, 887
56,356

17, 973
18, 297
18, 526
18,717

29,822
27, 736
27, 861
29, 361

1,930
1,952
1,969
1,975

5, 888
5, 615
6, 798
5, 948

525
526
529
529

-8, 499
7,748
7,612
8, 180

2,754
2,772
2, 760
2,797

3,516
3,279
2,642
2,529

405
406
405
407

741
677
652
821

55
55
55
55

2,264
2,053
2,150
2,181

September
October,November
December

58,816
67,404
65, 021
70, 947

18, 896
, 19,090
19, 395
19, 707

28, 965
34, 751
34, 021
62, 634

1,986
1,996
2, 010
2,033

5,677
6,229
5, 669
7,314

533
524
526
527

8,131
8, 520
8, 168
11, 362

2,814
2,815
2,829
2,841

2,902
3,218
3,400
4,358

415
424
447
452

994
1,118
1,002
1,668

55
54
54
54

2,298
2, 420
2, 253
3,430

186
179

1935
January
February
March
April

70,161
65, 368
70,792
72, 412

20,033
20,385
20, 835
21, 297

. 25, 746
26, 623
30, 201
33, 357

2,028
2,036
2,048
2,059

6,068
5,730
6,285
6, 243

528
528
531
532

7,255
7,026
7,786
7,919

2, 817
2,809
2,884
2,908

2,499
2,334
2,968
4, 138

451
456
462
471

8S1
893
946
970

54
55
54
55

1,966
2,123
2,283
2,545

178
195
196
212

71, 315
72,092

21, 751
21, 902

£2,615
31, 973

2,060
2,078

6,390
6, 546

541
548

8,468
7,928

2,930
2,066

3,480
3,546

480
491

870
896

54
58

2,367
2,334

220
225

May
June
July
August

September
October
November
December

I

I

343
407

;

,
Compiled by the Federal Reserve Board, Division of Research and Statistics. Monthly data from 1919 on grocery and candy chains (but not comparable with present
data) appeared in January, 1924, issue (No. 29), p. 49. The music chains operate locally in the West, but otherwise the data cover the larger chain-store organizations operating
nationally.
2
Based on variations in the 4-year period 1919 to 1922. For details of computation see Federal Reserve Bulletin for January, 1924. Correction of the actual data, to
eliminate seasonal variation, may be accomplished by dividing the index for each month by the seasonal index for the corresponding month given in the table on p. 154
of the3 February, 1924, issue (No. 30) of the SURVEY.
Four chains prior to January, 1923. The average number of stores for 1923 and 1924 is also for 4 chains only. The index numbers, however, are strictly comparable for
the entire period, as allowance has been made for the extra chain in the base beginning with 1923.
1




108
Table 80.—TEN-CENT CHAIN STORES
F. W. WOOLWORTH
CO.

TOTAL
(4 chains)
YEAR AND MONTH

Sales

Average
per Store

Stores

Sales

Stores

Thousands
of dollars

Dollars

Number

Thousands
of dollars

Number

S. S. KRESGE
CO.
Sales

Stores

McCRORY
STORES CORP.
Sales

S. H. KRESS
& CO.

Stores

Sales

Stores

Thousands Number Thousands
Thousands
of dollars
of dollars Number of dollars Number

1913 monthly average . _
1914 monthly average. _
1915 monthly average
1916 monthly average
1917 monthly average _ _
1918 monthly average
.._

$7, 972
8,544
9,582
11, 278
12,806
14, 520

$7,909
7,839
8,086
8,098
8,820
9,680

1,008
1,090
1,185
1,343
1,452
1,500

$5, 519
5,801
6,333
7,257
8,174
8,931

684
737
805
920
1,000
1,039

$1, 105
1,341
1,745
2,200
2,508
3,026

100
118
140
161
165
169

$450
411
468
566
655
800

110
116
117
132
143
147

$898
991
1,036
1,255
1,469
1,763

114
119
123
130
144
145

1919 monthly average
1920 monthly average- _
1921 monthly average _. .
1922 monthly average
1923 monthly average
1924 monthly average

16, 705
19, 624
20, 561
23, 344
27, 552
30, 921

10, 812
12, 265
12, 560
13, 780
15, 205
15, 808

1,545
1,600
1,637
1,694
1,812
1, 956

9,958
11, 741
12, 302
13, 934
16, 120
17, 958

1,081
1,111
1,137
1,176
1,263
1,364

3,556
4,270
4,655
5,433
6,820
7,508

171
188
199
212
233
256

957
1,198
1,195
1,423
1,781
2,103

148
156
159
161
167
176

2,104
2,415
2,409
2, 554
2,834
3,355

145
145
142
145
152
161

*

1933
May
June
July
August ..

25,696
25,785
23, 920
25, 555

14, 776
14, 743
13,606
14, 462

1,739
1,749
1,758
1,767

14, 799
14, 912
14,002
14, 964

1,199
1,265
1,210
1,216

6,370
6,485
5,746
6,338

223
223
223
221

1,640
1,711
1,619
1,725

165
165
166
166

2,887
2,677
2,533
2,527

145
146
146
148

September
October
November
December

25, 198
30,193
29, 387
55, 241

14,188
16, 858
16, 290
30,486

1,776
1,791
1,804
1,812

14, 775
18, 085
17,283
32, 630

1,226
1,237
1,255
1,261

6,324
7,246
7,508
13, 070

222
228
233
233

1,668
1,877
1,827
3,579

166
166
166
167

2,431
2,985
2,769
5,962

149
150
151
152

21, 096
23,406
27, 344
29, 725

11, 636
12,896
14, 918
16,007

1,813
,815
,833
,857

12, 134
13, 431
15,906
17, 257

1,263
1, 271
1,285
1,293

5,457
6,019
6,875
7, 370

234
236
235
240

1,352
1,612
1,837
2,087

167
168
168
169

2,153
2,344
2,731
3,013

152
152
155
154

29, 212
27, 210
27, 320
28, 789

15,689
14, 435
14, 363
15, 089

,862
,885
1,902
1,908

17, 077
15, 485
15, 950
16, 927

1,299
1,316
1,328
1, 334

7,157
6,478
6,371
6,802

242
242
245
• 245

1,963
1,877
1,909
2,060

169
170
171
171

3,017
3,370
3,099
3,000

154
157
158
158

28, 403
34,046
33,294
61, 205

14, 801
17,650
17, 135
31, 291

1,919
1,929
1,943
1,956

16, 526
20,393
19, 371
35, 021

1,345
1,351
1,364
1,364

6,851
7,872
8,252
14, 592

245
247
247
256

1,903
2,102
2,244
4,290

171
172
174
176

3,123
3,679
3,427
7,302

158
159
158
161

25, 379
26,115
29, 681
32, 707

12, 942
13, 263
14, 975
16, 419

1,961
1,969 .
1,982
1,992

14, 204
14,843
16, 916
18,890

1,366
1,371
1,381
1,389

6,672
6,644
7,453
8,150

259
262
267
267

1,707
1,778
2,019
2,255

176
176
174
176

2,796
2,850
3,293
3,412

160
160
160
160

31, 988
31, 350
30, 627

15, 970
15, 582

2,003
2, 012

18, 510
17,920
17, 829

1,397
1,403

7,838
7,898
7,510

273
275

2, 095
2,189
2,150

173
173

3,545
3,343
3,138

160
161

1934

January
February
March
April

_

May
June..
July
August

September
October
November
December

. _

.

1935
January
February _
March
*
April
May
June
July
August

.

September
October
November
December
1

i This table is submitted in response to a demand for publication of the figures of sales of the large individual ten-cent chains, as compiled from published reports in
financial papers or reported directly by the companies. Sales data represent the retail sales in dollar values of the ten-cent chains shown, while the nauual figures of stores
operated represent not an average of stores in operation for the year, but the stores operated at the end of each year. Monthly data on sales from 1920 appeared in May,
1922, issue (No. 9), p. 111.




109
Table 81.—RETAIL SALES
RESTAURANT SALES 1
Total, 3 chains
YEAR AND
MONTH

Stores
operated

Sales

WalChilds
Co.

dorf

System,
Inc.

Number
1913
1914
1915
1916
1917
1918

mo
mo
mo
mo.
mo
mo

INTERNAL-REVENUE TAX
COLLECTIONS ON SALES »

{Capital
Fire- Jewelry, Thea- issues c a
arms watchand
ter
J. C. Penney
and
admis- con- stock
es,
Co.
shells
and 4 sions J vey- trans3
( ) clocks
ances o fers i

t a?'-

710
718
756
898
,141
,228

$371

$3,808

$1, 814

$425

8 $320

1,198
1,782
1,566
1,825
1,511

5,408
7,247
6,892
5,603
6,238
4,903

3,578

2,239

1,018
820
715
823
721
791

160
175
189
206
219

$2, 618
2, 594
2,744
3,036
3,031

,384
,828
,774
,864
,933
,945

820
964
1, 103
1,086

440
268
320
363
272

1933
September
October
November
December

209
209
209
214

3,142
3,201
3,006
3,194

2,014
2,040
1,918
2/079

1,128
1,161
1,088
1,115

516
227
502
243

1,162
1,643
1,653
1,700

4,933
7,000
6,849
7,048

1924
January
February
March
April

215
216
219
219

3,062
2,918
3,062
2,962

1,967
1,827
1, 939
1,887

1,095
1,091
1,123
1,075

147
89
128
158

4,942
2,675

7,577
6,739

1,360
1,491

6,921
7,163

May
June
July
August

221
221
221
221

3,031
2,866
2,940
3,078

1,896
1,820
1,900
2,023

1,135
1,046
1,040
1,055

126
265
321
471

1,500
1,414
1,588

6,572

<893

September
October
November
December

222
219
219
219

3,114
3,176
2,981
3,181

2,034
2,081
1,907
2,057

1,080
1,095
1,074
1,124

425
434
425
290

459
593
484
729

1,577
2,021

2,098

2,076
2,554

1925
January
February
March
April

219
219
219
218

3,083
2,826
3,090
2,992

1,983
1,837
2,005
1,954

1,100
989
1,085
1,038

170
120
139
286

1,602
1,110
522
565

2,276

217
218

2,993
2,811
2,966

1,919
1,810
1,943

1,074
1,001
1,023

297

455

5,102

4,022
3,257
3,826
2,862

3, 130

3,565
3,413

3,567

435
615
559
788

$220

$2, 465

297
402
701
1,240
1,778

2,492
2,587
2,985
3,576
4,336

2,398
3,569
3,887
4,086
5,183
6,183

6,010

7,592
7,196

8,475

895
906
770
703

3,468
3,708
4,755

674
536
629
814

6,144

197
312
313
371
475
569

460
468 472
475

1,784
1,765
1,681
2,531

*249
249
249
250

1,381
1,691
1,408
2,094

77
79
81
80

2,447
2,436
2,458
2,480

1,597
1,656
1,813
1,737

250
250
250
248

1,432
1,401
1,412
1,210

80
82
84
84

2,497
2,508
2,495
2,529

1,937
1,766
1,800
1,903

247
250
251
254

1,390
1,390
1,439
1,501

85
85
84
84

2,546
2,548
2,563
2,572

1,908
1,949
1,901

2,742

254
253
252
255

1,468
1,588
1,289
1,906

86
84
84
84

256
258
260
262

1,327
1,242
1,394
1, 337

84
84
84
85

263
265

1,306
1,455

85
85

8,739

560
566
569
569

6,151

2,083

6,863
8,430
9,275
9,947

1,556
1,513
1,201
1,293

3,934
4,225

568
568
582
585

6,389

2,313

2,633
2,280
2,457
2,860

1,844

2,612

910

7,140

590
591
593

6,226

2,405

« 3, 198

1,866
1,833
1,976

6,051

7,240
7,022
5,881

32
36
40
43
80
84

2,480
2,435
2,433
2,439

6,419
6, 355
6,158

788
685
660
1,430

3,815
3,016

798
,030
,138
,190
,446
,452

2,439
2,572

6,494

6,211

5,961

224
224
224
224
250
255

$672

499
500
501
544

3,850

18
20
22
25
26
29

1,084
1, 230
1,370
1, 666
1,892

5,628
4,752
5,276

4,173
3,517
3,718

$325
360
364
381
443
566

5,172

5,396

2,229

Owl Drug
Co.

6,637
6,339
6,079
6,272
6,232

473
475
488
497

2,127

A. Schulte,
Inc. (cigars)

Num- Thous. NumThous. Number
Thous. ber
ber of
ber of
of
stores of dols. stores of dols. stores of dols. stores

1919 mo. av
1920 mo. av .
1921 mo. av
1922 mo. av
1923 mo. av
1924 mo. av

$790

United Cigar
Stores Co.

Number of

Thousands of dollars

av
av
av
av
av
av

Mav June
July
August

OTHER CHAIN-STORE SALES »

6,619
6,164
5,911

5,914
5,741
6,201

6,502
6,205
8,490

5,211

2,547
2,537

5,829
5,934

2,633

1,808
1,759
1,898
1,926

6,378
5,965

2,656
2,690

2,041
1,913

2,611

September
October
November
December
1
2

Data on restaurant sales from Childs Co. and Waldorf System, Inc.; monthly data since 1920 are shown in the October, 1923, issue (No. 26), pp. 58 and 59.
Tax collections on sales from U. S. Treasury Department, Bureau of Internal Revenue.
34 Taxable at 10 per cent of selling price, excluding sales to Federal Government or political subdivisions. (Acts of 1918, 1921, and 1924 identical on this item.)
Taxable at 5 per cent on selling price of both real and imitation jewelry. Acts of 1918 and 1921 were identical on this item; but the revenue act of 1924 exempts from
tax all articles not in excess of $30 and watches not in excess of $60, and therefore figures beginning August, 1924 (referring to July taxes), are not strictly comparable with
previous figures.
6 Includes cabarets and concerts. The rate of tax under the act of 1921 (represented by data for 1922) is "1 cent for each 10 cents or fraction thereof of the amount paid
for admission," payable by the person paying such admission, except "where the amount paid for admission is 10 cents or less, no tax shall be paid." The act of 1918 provided for the same rate of taxation but allowed no exceptions and, hence, the data from January, 1922, forward are not quite as comprehensive as the earlier data. The act
of 1924 provided for the same rate as the two preceding acts but exempted all admission charges of 50 cents or less. Thus the data beginning August, 1924, and referring
to July taxes, can not be compared with the preceding months, which are carried forward for their historical value. Monthly data from 1920 are given in January, 1923,
issue (No. 17), p. 51.
e New issues of bonds of indebtedness, including renewals taxable at 5 cents per $100 or fraction thereof; capital stock issues taxable at same rate, except where certificates have no par value taxed at the rate of 5 cents per share, but if actual value is more than $100, 5 cents per $100 or fraction thereof, and where under $100 at the rate of
1 cent per $20 or fraction thereof. (Under the revenue act of 1918 no-par issues were taxable at 5 cents per $100 or fraction thereof. Otherwise the acts of 1918,1921, and 1924
are practically identical.) Conveyances evidencing the transfer of land or realty are taxable at 50 cents per $500 or fraction of the consideration therefor, exclusive of the
value of any lien or encumbrance on the property.
i All sales or agreements to sell capital stock are taxable at 2 cents per $100 share or fraction thereof, or where shares are without par value, at 2 cents per share. (Under
the revenue act of 1918 transfers of no-par stock with actual value in excess of $100 were taxed at 2 cents per share of $100 actual value or fraction thereof.)
8 Six months' average, July to December, inclusive.
• Data compiled from published reports in financial papers or reported directly by the company to the U. 8. Department of Commerce, Bureau of the Census. These
sales data represent money values. Data for Jones Brothers Tea Co. from 1920 appeared in December, 1923, issue (No. 28), p. 56. Monthly data for Schulte Cigar Stores
from 1921 appeared in June, 1923, issue (No. 22), p. 49, while for the other chains, monthly sales from 1920 were given in May, 1922, issue (No. 9), p. 111. Yearly data represent number of stores in operation at end of the year indicated.




110

Table 82.—DEPARTMENT-STORE SALES
[Index numbers for base year in boldfaced type]
VALUE OF SALES, BY FEDERAL RESERVE DISTRICTS
YEAR AND MONTH

CleveRichPhilaSan
Atlanta Chicago MinneDallas 2 Francisco
Boston New York delphia
apolis
land
mond
(24 stores) (63 stores) (22
stores) (54 stores) (23 stores) (35 stores) (63 stores) (23 stores) 2 (21 stores) (31 stores)

Total

(359)
stores)

100
116
114
119
127
126

10O
119
114
116
127
132

100

100

100

100

113
106
101
111
117

123
110
114
132
133

100
112
102
99
105
104

100

128
114
114
130
128

100
119
101
94
104
101

100

118
112
114
127
126

120
99
92
98
102

121
116
121
139
143

100
120
110
111
124
125

100
84
111
127

99*
85
110
119

94
89
108
119

86
81
101
118

78
73
97
107

74
73
85
98

90
80
98
116

80
71
89
104

75
71
91
87

100
84
111
111

90
81
102
113

May
_ __
June
July
August

125
124
83
89

118
115
78
79

115
114
73
84

117
112
84
93

105
104
72
77

98
86
70
74

121
115
86
96

100
96
79
90

96
89
65
68

134
112
97
120

116
110
80
89

September
October
November
December

116
137
137
200

107
•145
142
200

99
133
153
191

106
132
130
190

94
123
126
188

86
114
113
162

118
128
135
191

101
115
108
157

101
104
105
149

114
138
134
206

107
131
132
188

1923
January .
February
March
..
April

108
92
127
128

110
89
125
123

107
101
133
115

101
96
136
128

87
76
120
104

83
7&
105
101

104
96
129
132

88
74
103
111

81
73
99
89

115
102
134
124

101
90
124
119

May
June
July
August

133
136
90
99

130
130
86
90

128
133
82
93

138
137
96
112

115
113
80
80

109
102
77
81

136
138
96
120

109
105
79
96

106
92
67
69

147
128
116
136

128
126
89
100

September .
October
November
December.

116
144
146
210

113
161
153
215

104
154
169
203

118
151
141
204

93
136
130
195

92
132
119
168

128
154
148
209

103
125
112 .
156

102
125
112
158

126
160
146
236

113
148
142
202

120
101
113
137

120
103
118
137

110
111
120
136

109
112
120
145

94
87
10»
128

85
83
94
107

112
112
123
145

88
77
94
115

85
82
94
101

132
121
134
139

110
102
115
133

132
131
89
86

132
127
91

83

124
123
82
85

133
126
94
101

116
118
85
78

104
95
73
72

134
125
99
108

109
99
81
89

105
95
71
70

146
125
116
136

127
120
91
93

115
137
140
215

127
161
153
226

109
144
153
213

117
134
139
207

106
137
137
213

94
120
113
173

132
135
154
215

102
116
111
162

114
126
115
171

130
157
144
238

llfr
141
141
210

January .
February
March
April

110
94
110
136

120
107
124
140

105
101
125
134

107
106
125
142

93
89
119
132

83
84
99
109

113
107
127
149

92
81
97
116

92
90
107
110

128
113
142
146

108
101
121
135

May
June
July
August

128
134

132X
132

121
127

132
128

117
123

104
98

139
140

107
103

108
96

148
135

128
126

1919 monthly average .
1920 monthly average
1921 monthl y a vera ge
1922 monthly average
1923 monthly average
1924 monthly average . .
1932

January .
February
March
April

....

1934

January
February
March
April

.

May
June
July
August. _.

_

September _ _
October
November. _
December

*
. .

1935

.^. _ _

September
October..
November
December... .
* Compiled by the Federal Reserve Board, Division of Research and Statistics. Index numbers are based upon dollar values and are given by Federal reserve districts.
* In calculating bases, estimates are made for sales of stores in the Minneapolis and Dallas districts for the months of 1919 for which there are no reports.




Ill
Table 83.—DEPARTMENT-STORE STOCKS'
[Index numbers for base year in boldfaced type]
VALUE OF STOCKS AT END OF MONTH, BY FEDERAL RESERVE DISTRICTS
YEAR AND MONTH

1919
1920
1921
1922
1923
1924

RichPhilaCleveSan
Atlanta Chicago MinneDallas Francisco
Boston New York delphia
mond
land
apolis
(24 stores) (63 stores) (13
stores) (52 stores) (19 stores) (22 stores) (51 stores) (22 stores) ; (14 stores) (29 stores)

Total
(314
stores) a

100

100

100

134
114
112
119
116

152
124
123
147
152

1OO
119
96
97
110
109

1OO
143
116
109
116
107

10O
132
116
118
130
137

100

119
118
131
150
154

100
134
105
109
121
126

100

136
115
116
125
130

100
139
117
110
125
131

100

126
108
115
122
123

103
108
115
117

105
109
121
122

112
124
135
136

93
104
115
116

91
102
112
111

102
111
117
116

108
117
127
126

96
101
108
104

99
107
116
114

111
115
124
126

103
111
120
120

115
111
108
109

117
110
105
. 109

131
127
122
130

113
109
104
107

107
104
100
105

112
105
103
109

121
116
114
125

102
98
96
101

110
100
100
111

' 118
111
112
115

116
110
107
113

122
129
135
114

121
125
132
111

141
150
147
124

116
122
126
106

119
130
126
103

118
121
123
101

130
136
138
115

108
112
114
95

118
120
119
94

121
123
128
112

122
128
130
110

107
111
120
125

108
112
124
129

118
135
148
153

100
114
124
130

99
113
124
126

105
112
119
121

115
137
149
150

96
105
115
113

97
107
115
119

110
121
128
135

107
118
129
132

-. .

124
116
109
115

128
119
113
121

148
143
137
152

127
120
119
124

122
115
113
114

121
113
111
120

145
137
135
158

112
106
103
108

117
110
107
121

130
125
124
131

129
122
119
129

........

129
142
145
123

134
145
147
123

166
176
176
145

135
144
147
120

130
141
142
112

130
134
133
106

162
164
171
140

115
121
121
104

128
131
130
109

138
143
147
123

139
146
149
123

111
115
128
128

117
119
130
136

132
152
162
162

110
126
137
141

104
121
140
134

109
123
125
124

128
115
163
162

97
106
114
112

107
118
126
125

125
131
143
148

116
127
139
141

126
119
116
113

131
122
115
120

152
146
141
144

138
128
119
123

130
122
113
116

121
113
109
109

154
145
142
149

113
106
'l02
106

120
113
110
121

141
134
132
131

136
127
122
126

125
135
141
120

133
146
147
125

160
171
172
151

136
145
145
120

128
143
145117

118
126
123
96

159
169
167
141

115
121
122
99

129
133
131
105

140
147
148
124

137
147
147
124

112
115
126
127

118
123
135
139

147
167
185
186

112
125
137
140

109
118
131
132

99
107
113
114

137
145
156
157

99
106
117
116

103
113
125
126

123
126
136
140

119
127
139
140

125
112

134
128

172
159

136
129

124
123

112
105

153
144

116
109

123^
114

135
129

135
128

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average

__

136
115
116
129
132

1933

January
February
March
April

.

June
July
August

.

September
OctoberNovember
December.

.

1933

January
February
March
April
May
June
July
August

.

September.
.
October. ... _.
November
December —
1934
January
February .
March
.
April
May
June. _.
July
August

....

.. •

September
October
NovemberDecember
1935
January
February _
March
April
May
June
July
August

September
October
November
December...

_. .
.._

.
_

... .„

___

'Data compiled by the Federal Reserve Beard, Division of Research and Statistics, and are based upon values.
* Weighted index based upon the number of employees in retail stores as shown by the latest available census data. For details, see Federal
Bulletin for February, 1923.




JL12

Table 84.—WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS

>»

Chicago

100

100

100

100

100

96
106 •
118
126

112
112
126
119

87
89
100
103

86
90
100
97

99
92
98
96

92
86
94
104

112
115
132
144

96
100
94
102

100
104
102
104

108
112
106
112

85
84
83
88

94
98
82
92

88
94
90
95

80
80
82
94

106
111
105
134

101
114
106
84

104
111
103
99

111
126
109
105

112
116
116
121

96
97
98
87

92
99
91
87

95
102
96
95

98
100
86
77

126
127
122
110

70
70
76
72

90
91
88
105

113
107
121
106

120
118
131
112

138
126
138
121

117
97
108
96

97
93
111
101

101
100
105
96

100
85
92
83

114
115
138
122

92
101
97
104

74
75
67
80

97
108
107
102

107
107
106
111

111
111
113
109

123
121
120
124

97
94
92
101

103
102
94
105

96
98
93
99

84
84
89
100

125
124
132
142

96
90
89
71

111
119
112
88

103
99
86
70

113
116
112
80

115
129
111
99

125
149
110
103

125
132
123
118

101
112
104
87

101
111
100
88

95
104
97
93

102
117
100
86

145
161
147
120

72
70
72
73

76
74
75
77

92
94
95
99

83
85
77
77

97
88
92
94

116
109
118
114

130
125
135
126

122
120
127
124

112
102
106
100

97
92
101
101

98
88
93
95

110
100
101
100

141
133
144
145

82
76
84
89

75
81
78
76

80
90
90
91

104
117
106
117

77
75
76
86

93
101
96
97

110
105
110
107

125
120
121
112

116
111
117
116

98
92
98
99

97
92
91
93

92
87
96
95

97
91
99
101

135
131
148
144

92
100
88
87

98
108
92
. 98

84
91
79
73

95
99
89
76

123
138
127
106

99
95
82
79

103
108
98
85

117
128
109
109

130
146
113
120

116
125
113
118

107
107
103
100

102
108
94
91

98
115
101
98

112
124
108
106

154
171
139
134

75
68
75
72

86
80
86
84

95
85
90
82

68
64
72
67

75
73
79
76

99
87
97
96

85
81
82
75

96
82
98
88

116
109
121
115

129
126
135
117

124
115
127
126

110
101
108
105

95
89
106
104

101
91
102
102

118
102
103
104

145
130
156
151

75
78

86
84

80
80

70
74

80
88

100
116

74
75

91
97

107
110

108
113

114
120

100
99

99
103

99
99

94
95

136
139

Chicago

Richmond

I
1

i

San Francisco

1

1-S

Cleveland

f

San Francisco

Minneapolis

DRUGS

100

Atlanta

A
0*

Richmond

1
1

A

Cleveland

YEAR AND
MONTH

Boston

Weighted index
11 districts

GROCERIES

I

A

!!
S*
«r»
£

i
1 i

INDEX NUMBERS RELATIVE TO 1919
100

100

100

100

1OO

100

100

100

100

10O

100

100

113
77
76
83
85

75
83
82

74
76
80
78

80
76
88
87

75
71
79
81

74
73
83
84

79
77
85
90

72
69
74
77

79
79
85
85

94
91
99
110

69
71
79
83

July
August

74
82
75
79

76
85
76
77

69
79
72
73

74
81
72
78

69
77
69
74

74
74
71
77

76
77
73
82

68
79
68
75

78
92
82
91

89
100
87
92

September
October
November
December

83
90
87
78

80
85
84
76

79
93
94
89

78
87
89
82

78
80
84
73

80
82
82
75

83
90
88
79

76
80
73
68

87
86
84
74

»

74
73
80
80

73
69
79
78

78
68
81
72

77
76
82
84

68
65
75
75

76
72
82
77

85
77
90
82

63
69
71
74

May
June . ......
July
August

81
88
81
85

88
97
86
84

76
82
76
77

86
92
89
90

79
85
76
79

82
80
81
83

83
81
78
87

September
October.
November

89
98
92
76

82
96
90
76 •

81
100
96
78

91
104
98
84

84
96
87
73

90
97
90
83

February ..
March
.
April

80
77
80
79

71
67
75
76

78
71
77
72

81
80
84
80

77
77
78
79

May _ _
June
July
August __ _ _

81
83
83
83

83
86
90
82

73
71"
74
72

85
86'
85
84

September . ... 93
100
October
November . ... 89
December
83

94
93
83
83

84
94
88
80

1935
January
February
March
April

80
73
79
75

79
68
73
75

79
84

81
93

1919 mo. av
1920 mo. av
1921 mo. av
1922 mo. av
1923 mo. av
1924 mo. av

1933
May

1933
January
February
March
April

100

89
93
101
97

100
112
97
100
111
113

65
67
65
73

92
101
100
93

101
108
101
87

88
93
81
72

72
74
78
84

80
97
93
97

72
84
70
78

85
95
87
99

89
93
92
82

80
83
79
64

82
80
80
80

90
86
90
88

79
76
81
77

84
79
77
83

94
103
93
91

89
99
83
80

75
66
69
68

82
78
81
76

74
77

79
85

1934

1

May
June
July

.

ep

i Compiled by the Federal Reserve Board, Division of Research and Statistics, representing combined indexes of dollar sales reported for the various Federal reserve
districts, weighted by the number of persons employed in wholesale trade in each district in 1919. Monthly data from 1919 appeared in April, 1923, issue (No. 20) of the




113
Table 85.—WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS1

Atlanta

Chicago

Minneapolis

San Francisco

Richmond

10O

100 100

62
54
58
56

75
66
65
58

66
66
71
58

60
58
61
51

67
64
59
47

62
66
69
56

78
76
80
66

86
79
68
89

47
51
41
60

77
66
36
59

56
54
55
78

50
46
40
65

71
72
49
66

58
55
53
81

74
74
64
88

81
81
71
65

106
106
92
112

69
67
59
52

80
82
73
61

88
88
79
58

76
81
66
47

76
78
65
61

84
80
79
64

85
88
82
78

99
97
125
120

61
60
86
67

92
84
316
106

57
50
77
58

37
54
97
71

63
71
88
69

50
58
82
56

48
49
82
55

68
63
77
71

69
74
95
84

106
107
108
110

125
125
109
114

73
68
56
74

116
100
88
113

61
56
46
61

81
74
48
62

88
62
50
79

65
59
44
66

56
65
52
66

81
70
54
86

87
82
69
82

76
82
73
71

96
113
111
82

112
121
104
98

76
81
63
51

117
121
93
71

63
69
67
45

70
81
60
48

66
88
62
48

68
78
67
37

64
73
50
46

70
72
57
61

94
87
76
62

114
107
145
158

63
69
72
79

97
103
107
106

104
104
115
107

49
49
65
69

79
60
94
95

50
45
70
73

36
49
61
81

49
57
64
65

44
48
57
55

41
37
51
57

46
50
53
55

53
66
76
68

108
102
99
93

141
143
150
144

75
75
71
74

102
90
93
98

111
103
94
97

56
52
44
56

77
69
68
83

50
52
46
54

70
67
43
43

62
42
37
67

45
37
34
53

42
42
37
46

51
47
39
56

74
66
54
69

89
101
88
96

106
109
93
93

166
152
151
144

87
96
88
93

108
109
98
116

105
107
90
91

69
67
57
56

105
97
82
100

64
03
49
54

61
66
59
61

70
69
55
44

64
68
55
44

59
53
48
47

74
78
66
64

70
69
63
50

98
83
97
86

93
81
89
85

81
83
110
115

115
133
144
167

73
76
86
86

104
102
110
109

93
98
110
110

43
46
63
65

79
68
94
91

43
45
65
67

39
45
63
76

40
71
63

40
46
59
49

26
30
42
48

49
48
61
72

51
56
70
61

80
79

78
80

107
109

148
155

78
82

105
101

110
109

55
55

78
79

54
55

58
59

45

54
44

35
34

68
70

66
72

I

Boston

100

Chicago

100

Atlanta

Cleveland

Weighted index
8 districts

San Francisco

Kansas City

Minneapolis

SHOES

100

Richmond

Cleveland

Philadelphia

YEAH AND
MONTH

New York

Weigh ted index
10 districts

HARDWARE

1
I

INDEX NUMBERS RELATIVE TO 1919
100

100

100

100

100

10O

100

100

100

100
116
82
86
104
99

100
78
84
100
96

97
100
114
115

92
94
111
102

82
78
100
94

66
69
84
79

86
91
103
100

78
78
148
143

74
76
81
77

80
81
101
102

86
97
113
104

i
88
68
86
65
89
68
101
58 » 83

98
93
82
91

96
91
80
86

113
104
90
101

106
100
86
97

85
81
78
89

62
59
56
76

119
101
87
95

92
91
86
94

82
89
78
80

79
78
79
81

106
113
98
106

62
62
51
71

September
October
November
December

97
100
94
84

93
98
94
83

107
116
111
106

113
114
110
95

97
97
96
79

80
90
84
80

98
102
91
80

88
87
79
67

85
85
80
79

101
104
93
78

107
108
104
92

1923
January
February
March
April

89
83
109
112

78
72
103
113

92
89
122
125

99
89
113
122

102
86
110
105

92
74
86
78

83
79
108
111

115
100
149
168

71
77
92
88

89
88
105
97

118
114
100
106

114
109
92
100

129
125
111
111

134
127
107
112

107
95
88
109

79
80
72
86

119
118
103
106

180
169
157
160

92
92
77
77

September
O ctober
November
D ecember

106
117
102
90

100
115
105
97

113
132
113
113

117
133
103
82

104
116
99
82

87
102
90
79

110
115
96
83

150
153
139
128

1924
January
February
March
April

91
90
104
108

84
86
107
108

104
100
119
124

94
98
106
109

111
95
93
98

89
77
72
72

84
86
106
117

May
June July
August

104
96
93
93

105
92
88
83

123
115
111
111

107
97
98
95

91
78
83
93

73
69
64
76

September
October
November
December

106
110
98
99

95
107
95
97

115
134
114
123

111
114
98
93

108
95
88
85

1925
January
February
March
April

89
91
107
107

83
85
103
102

99
95
122
122

93
100
111
104

101
105

97
105

120
121

104
111

1919 mo.
1920 mo.
1921 mo.
1922 mo.
1923 mo.
1924 mo.

av
av
av
av
av
av

1922
May
June
July
August

May
June
July
August

May
June...
July...
August

-_ -_

_

SeDtember
October
November
December

100

100 i 10O

if

"

1
1

"
1

i Compiled by the Federal Reserve Board, Division of Research and Statistics, representing combined indexes of dollar sales reported for the various Federal Reserve
districts, weighted by the number of persons employed in wholesale trade in each district in 1919. Monthly data from 3919 appeared in April, 1923, issue (No. 20)
SURVEY, p. 50. For details and methods of computation, see Federal Reserve Bulletin for April, 1923.

54240°—25t



8

114

Q

rt

1

M

INDEX NUMBERS RELATIVE TO 1919

100

100

100

1OO

100

100

100

100

55'
56
65
65

100
115
83
83
95
91

85
83
98
95

84
84
99
80

75
72
87
76

•70
70
79
76

80
84
94
89

90
91
99
107

86
85
98
102

61
60
65
62

101
95
108
86

100
104
116
89

102
97
112
92

99
89
96
69

89
81
93
67

100
89
105
84

115
113
120
100

64
62
64
67

83
88
88
115

87
105
88
107

90
88
81
121

66
72
76
109

62
57
66
94

81
86
99
117

September
October
November _. ..
December.

73
74
65
65

112
112
90
66

114
109
85
79

119
114
95
74

116
113
86
50

112
104
80
45

1934
January
February
March
April

66
63
62
61

104
113
103
85

85
91
83
76

92
88
69
63

May
June.
Julv
August

64
64
67
68

72
70
79
102

78
78
84
98

65
65
59
83

September
October
November
December

71
78
69
66

116
104
88
77

111
103
88
97

71
69
73
68

82
88
96
85

75
80

77
82

1919
1920
1921
1922
1923
1924

mo.
mo.
mo.
mo.
mo.
rno.

av
av
av
av
av
av

100

1923
January
February
March
April
May
June
July
August

1925
January
February
March
April
May
June
July
August

._

.

97
98
90.
81

TEXTILE TRADE'

ELECTRICAL
TRADE »

Prompt
PayOrders Indebtedness ments

Delinquent
Accounts

Percentage of total
recorded transactions

Dollars

No. of
firms

HARDWARE
TRADE*

1
fl

I

Outstanding
accounts

|

San Francisco

Atlanta

Richmond

I
I

Cleveland

YEAR AND
MONTH

Weighted index
8 districts

MEATS i

DRY GOODSi

INDEX OF WHOLESALE TRADE i

Table 86.—WHOLESALE TRADE AND CREDIT CONDITIONS

Relto Ratio
Jan., to sales
1921

90
98
109
101

100
112
73
74
83
82

28.3
28.0
24.6
26.9
28.8
28.9

34.1
36.2
36.6
43.3
42.6
42.6

60.7
59.4
53.4
47.6
55.3
55.0

« $225, 106
202, 557
201, 689
186, 592

1,518
1,625
1,497
1,497

122
157
139

2.2
2.0
2.0

106
93
87
67

104
93
119
104

78
76
86
79

29.5
31.1
S2.2
32.3

41.4
40.0
40.1
39.8

52.7
52.2
52.6
64.0

184,606
139, 664
242,918
226, 424

1,495
1,157
1,889
1,540

137
128
177
187

' 2.1
2.2
1.8
1.9

96
93
96
116

69
73
94
144

106
95
99
134

80
83
79
88

32.1
27.3
22.9
31.1

41.5
44.2
45.3
43.9

56.0
56.4
55.4
55.1

196,986
186, 671
184, 535
213, 393

1,460
1,457
1,428
1,366

196
168
155
162

1.7
2.0
2.1
1.9

116
108"
91
58

100
89
80
73

140
148
112
46

128
136
105
82

91
96
85
72

30.5
30.0
28.0
18.5

45.8
43.2
43.1
43.0

54.8
58.1
59.5
57.0

200, 094
238, 293
237, 013
169,668

1,453
1,823
1,547
1,351

145
164
141
124

2.1
2.0
2.1
2.2

74
75
69
65

100
91
89
83

110
112
98
92

110
109
77
80

94
99
103
92

80
78
80
78

25.8
31.5
31.5
30.5

38.9
38.5
40.8
45.8

54.7
54.0
60.0
58.7

174, 062
181, 994
200, 059
208,601

1, 135
1,486
1,677
1,629

136
133
150
161

2.0
2.2
2.1
1.9

53
49
62
93

53
47
58
94

72
71
.79
92

83
80
103
124

78
68
94
164

92
83
94
123

77
76
78
83

26.0
25.5
25.0
33.0

43.9
42.1
41.4
39.3

55.3
52.1
53.6
53.0

204,935
197, 117
209, 833
196, 454

1,748
1,583
1,642
1,550

147
123
128
128

2.0
2.0
2.0
2.1

102
91
80
82

113
84
70
51

118
103
77
57

116
94
86
71

127
125
114
85

144
141
110
53

125
120
92
76

92
95
84
79

34.5
32.0
27.5
24.5

42.2
45.6
48.3
45.1

58.5
55.6
54.3
50.7

200, 250
167, 286
139, 715
119, 777

1,639
1,458
1,157
1,258

137
150
134
140

2.1
1.9
2.1
1.9

94
110
121
100

66
75
81
73

70
70
73
59

63
71
86
73

80
77
85
83

113
111
114
111

81
101
88
73

83
77
91
85

79
76
83
79

25.5
32.0
33.5
28.0

39.1
38.8
42.5
46.3

51.4
52.0
53.9
58.0

198, 225
223, 650
231, 914
216, 954

1,336
1,456
1,817
1,953

129
126
151
151

2.0
2.1
1.8
1.9

92
100

65
69

51
58

61
55

74
87

103
98

64
63

86
86

79
83

27.5
27.0

41.9
40.6

56.2
51.6

228, 827
209, 783

1,774
1,678

139
141

1.8
1.9

September
October
November
December
i
Compiled by the Federal Reserve Board, Division of Research and Statistics, representing a combined index of dollar sales reported for the various Federal Reserve districts, weighted by the number of persons employed in wholesale trade in each district in 1919. For details and methods of computation see Federal Reserve Bulletin for
April, 1923. The combined index of wholesale trade is a weighted average based upon the total volume of wholesale trade in lines separate]y shown on this and the preceding
pages, proportional to the total production of each line of goods in 1919. Monthly data from 1919 appeared in April, 1923, issue "(No. 20) of the SURVEY, p. 50.
2
Orders, indebtedness, and prompt payments compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit from their
ledgers concerning merchants or jobbers to whom they sell. The commodities covered are largely textiles, and the individual orders are stated to average from $250 to $600,
depending on trade conditions. As one transaction may cover both an order and an indebtedness or payment, the sum of the percentages of orders, indebtedness, and
payments
will usually exceed 100 per cent.
3
Delinquent accounts, electrical trade, are compiled by the Rational Electrical Credit Association, from reports to its constituent regional associations by electrical manufacturers
and
jobbers.
1
Data on the value of sales by jobbers of hardware, compiled by American Iron, Steel and Heavy Hardware Association, comprise reports from about 75 firms representing
about 10 per cent of the entire iron, steel, and hardware jobbing trade, including iron, steel, motor accessories, and heavy hardware. Outstanding accounts at the end of
eachfi month are given as ratios of the current month's sales.
Eleven months' average, February to December, inclusive.
1




115
Table 87.—PUBLIC FINANCE
U..S.
GOVERNMENT
DEBTi

Total
interest- Gross
bearing debt

YEAR AND
MONTH

U. S.
GOVERNMENT
FINANCES *

Total
Short Custerm toms ordinary
debt receipts receipts

Millions of dollars

MONEY
IN CIRCULATION 3

GOLD

SILVER

DomesOrdiImBand
Imnary ex- Total Per
tic
Expendicapita ports * ports * receipts output » ports 4
at mint «
tures

Thousands of dollars

Millions
of
Dollars
dollars

Thousands of
dollars

ProExducports 4 tion
i

Price
in
New
York 6

Thou- Dollars
Thousands of sands of per
dollars
fine
fine
ounces ounce

Fine ounces

$26, 512
24, 344
17, 439
17, 656
18, 832
15, 000

$60, 474
$60, 315
61, 282
61, 195
63,353
57, 972
61, 250
65, 003
165, 025
94,037
305, 382 1, 058, 153

$3, 364
3,402
3,261
3,591
3,849
4,336

$34. 56
34* 35
32.38
35.06
36.96
40.96

$5,309
4,782
37, 663
57, 166
46,038
5,170

$7, 650
18, 551
2,619
12,999
30, 990
3,422

148, 050
155,083
157,830
133, 597
112, 495
86,472

732, 779
698, 275
757, 823
772, 128
751, 855
701, 722

$2, 989
2,163
2, 874
2,689
4,445
5,948

$5, 231
4,300
4,467
5,883
7,011
21, 071

5,567 $0. 598
6,038
.548
6,247
.497
6,201
.657
.814
5,978
5,651
.968

8,047
7,843
7,618
6,746
5, 473
8,072
6,254

15, 371
26, 909
25, 714
29, 704
46, 827
45, 470
45, 630

429, 355 1, 543, 575
540, 174
557, 880
461, 517
468, 744
316, 275
342, 425
308, 123
333, 928
292, 223
334, 337
294, 470
315, 012

4, 795
5,332
4,843
4,374
4,729
4,755
4,806

45.18
50.11
44.80
39.86
42.50
42.20
42,28

6,378
35,729
57, 604
22, 931
26, 893
26, 643

30, 682
26, 841
1, 991
3,073
2,387
5,137

71,093
62, 377
80, 183
86, 314
84,044
90,234

694, 174
679,801
676, 216
585, 009
761, 088
799, 780

7, 451
7, 338
5,270
5,901
6,204
6,162

19, 918
9,468
4,298
5,234
6,039
9,158

4,723
4,714
4,477
4,623
5,445
5,362

1.111
1.009
.627
.675
.649
.668

22,631
22,350
22, 271
22,201

5,581
5,473
5,436
5,396

52, 417
50, 023
43, 225
42, 500

211, 118
630, 981
205, 742
235, 505

319, 036
351, 081
242, 222
234, 498

4,706
4,729
4,696
4,778

42.34
42.50
42.16
42.85

45,156
19, 434
27, 929
32, 856

824
548
523
2,201

79,866
69, 422
92,535
99, 880

786, 564
755, 309
' 754,306
769, 371

4,461
6,066
10,066
6,466

3,499
3, 581
6,233
7,032

6,835
5,101
5,406
5,293

.670
.649
.630
.628

21, 834
21, 801
21, 780
21, 843

22, 125
22,082
22, 055
21, 916

8,709
8,677
8,656
8,612

44, 810
51,713
46, 565
40, 946

530, 778
230, 261
190, 844
576, 317

314, 821
426, 548
256, 287
400, 939

4,850
4,835
4,923
4,951

43.45
43.27
44.01
44.22

27, 804
29, 795
39, 757
32,641

863
1,307
747
712

106,819
89, 549
108, 432
90, 776

739, 504
793, 842
780, 639
778, 849

8,518
6,929
5,269
8,172

8,123
7, 523
8,775
9,521

4,988
5,428
4,894
4,748

.642
.636
.638
.647

1924
January
February
March
April

21, 574
21, 521
21, 357
21,354

21, 844
21, 783
21, 624
21, 615

8,541
8,491
8,327
8,325

40, 019
50, 207
51, 459
45, 696

183, 307
206, 607
646, 389
214, 306

260,765
208, 432
291, 026
327, 002

4,682
4,808
4,813
4,760

41. 77
42. 85
42.85
42.33

45, 136
35, 111
34, 322
45,418

281
505
817
1,391

74, 392
89, 636
82, 334
78, 870

796, 768
760, 617
795, 671
768, 923

5,980
7,900
6,221
3,908

8,209
8,877
8,355
7,802

4,660
5,916
5,535
4, 726

.634
.644
.640
.641

May
June
July
August

21, 287
20,982
20, 991
20, 981

21, 545
21, 251
21,254
21, 245

8,259 • 45,221
8,072
43, 276
43, 945
8,081
45, 621
8,071

190, 408
601, 580
195, 704
185, 763

256, 085
288, 055
207, 995
196, 892

4,815
4, 755
4,665
4,774

42.78
42.20
41.36
42.28

41, 074
25, 181
18, 834
18, 150

593
268
327
2,397

78, 501
65,443
90, 089
92, 132

809,
773,
829,
809,

003
053
437
571

5,640
4,870
7,128
7,042

9,687
8,648
9,190
8,632

.655
.667
.672
.685

_

20, 983
20, 978
20,951
20, 712

21, 254
21, 242
21, 213
20, 979

8,073
8,069
8,041
7,046

49, 759
49, 890
40, Oil
40, 129

487, 390
255, 323
174, 738
570, 792

408, 797
320, 307
233, 758
349, 875

4,806
4,880
4, 994
4,993

42.52
42,12
44.08
44.03

6,656
19,702
19, 862
10, 274

4,580
4,125
6,689
39, 675

106, 919
127, 184
106, 488
90, 816

799, 422
827, 583
802,313
825, 273

7,083
5,829
6,481
5,864

•
10, 345
9, 465
9,401
11, 280

5,666
4,903
4,936
5,426
5,523
5,631
5,624
5,674

.694
.708
.693
.681

1935
January
February _ _ ..
March
April

20, 783
20, 658
20, 60S20, 605

21, 057
20,981
20, 932
20, 913

7,122
6,992
6,651
6,649

46, 968
46, 190
53, 858
44, 642

171, 600
173, 632
600, 738
182, 641

*292, 457
161, 286
385, 129
324, 679

4,752
4,804
4,776
4,725

41.86
42.28
41.99
41.50

5,038
3,603
7,337
8,870

73, 526
50, 600
25, 104
21, 604

87, 030
80, 294
75, 584
83,488

823, 692
753, 925
825, 479
787, 519

7, 339
4,929
6,661
4,945

11,385
6,833
7,917
9,323

5,509
5,077
4,931
5, 538

.684
.685
.678
.669T

20, 603
20, 211
20, 199

20, 899
20,516
20, 487

6,646
6,254

42, 004
44,544
45, 156

166, 834
614, 992
194, 945

234,116
418, 349
245, 593

4,774
4,734

41.89
41. 49

11, 393
4, 426
10, 204

13, 390
6,712
4,338

70, 438
71, 652

813, 249
780, 000

3,390
4,917
5,238

6,536
8,517
8,346

5, 225
5,328

.676
.691
.694

1013 mo. av
1914 mo. av
1915 mo. av
1916 mo. av
1917 ino. av
1918 mo. av

$996
968
970
972
2,713
11,986

$1, 193
1,188
1,191
1,225
2,976
12, 244

1919 mo.
192Q mo.
1921 mo.
1922 mo.
1923 mo.
1924 mo.
1925 mo.

25, 234
24, 061
23, 737
22, 711
22, 008
20,982
20, 211

25, 482
24,298
23,976
22, 964
22, 350
21,251
20, 516

1933
"May
June
July
August

22, 186
20,008
21, 959
21,902

September
October
_ __
November
December

av
av
av
av
av
av
av

September
October
November
December

May
June
July
August

_...

September
October
November
December
1
Yearly figures, giving situation as of June 30 each year, and monthly figures up to last two months, are on a warrant basis, as supplied by U. S. Treasury Department. The last two months are on a cash basis as shown in the preliminary Public Debt Statement. Short-term debt includes issues maturing within five years from the
particular date noted; a large increase in a particular month, such as in September, 1923, is usually due not so much to an increase in indebtedness (absence of increase in
the gross debt would show this), but that the maturity date of a certain bond issue has been brought within five years. The increase in September, 1923, was due to the
Third Liberty Loan being brought in this category. At present, besides the Third Liberty Loan, there are included in the short-term debt the following: Loan and tax
certificates of indebtedness,Treasury savings securities, and Treasury notes. Debt on which interest has ceased and interest-bearing debt redeemable at the pleasure of
the Government but not maturing within five years are not included in this statement. Monthly data extending back to 1921 may be found in the March, 1924, issue
(No.2 31), p. 56.
Yearly figures are averages for the fiscal year ending June 30 of the year indicated. Monthly figures are taken from the Daily Statement of the U. S. Treasury, in which
further
details may be found. Expenditures represent these chargeable against ordinary receipts.
3
Represents money held outside the Treasury and Federal Reserve System. Prior to July 1,1922, these data were compiled by the Federal Reserve Board and thereafter
by the U. S. Treasury Department. Yearly figures are as of June 30.
*5 Imports and exports of gold and silver from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
Domestic receipts of unrefined gold at U. S. mints from L. S. Treasury Department, Bureau of the Mint.
6
Silver prices, average for the month, and gold ouput from the Rand mines from the Engineering and Mining Journal.
7
Production of silver by mines of the United States from American Bureau of Metal Statistics, except annual figures previous to 1921, which are from U. S. Department
of Interior, Geological Survey.




116

Table 88—LIFE INSURANCE—NEW BUSINESS AND PREMIUMS '
PREMIUM COLLECTIONS
(new and renewal)

NEW BUSINESS
Ordinary

YEAR AND MONTH

Group

Industrial

Number Thou- Number
of
of
sands of
policies dollars policies

Ordinary Industrial Group

Total

ThouThou- Slumof Number
of cer- 2 sands of
sands of ber
con- tificates
dollars tracts
dollars

Number
of policies
and
contracts

Number
Thouof policies sands
of
and certificates J dollars

Total

Thousands of dollars

1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average
1918 monthly average

79, 717 $143, 470
79, 230 138, 519
83, 803 146, 878
96, 222 181, 569
111, 686 213, 193
112, 159 221, 940

379, 819
410, 189
428, 559
414, 605
414, 443
433, 226

$51, 999
55, 217
58, 128
58, 645
61, 484
66, 099

6
6
11
31
81
71

$1, 736
3,795
3,941
6,565
14, 873
20, 582

459, 541
489, 425
512, 373
510, 859
526, 210
546, 456

$197, 115
197, 531
208, 946
246, 780
289, 550
308, 621

$38, 953
40, 506
42, 262
45, 721
50, 485
54, 579

$10, 778
11, 580
12, 421
13, 280
14, 440
15, 807

$36
52
97
143
308
536

$49, 767
52, 138
54, 780
59, 144
65, 233
70, 922

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

181, 094
206, 577
165, 651
168, 115
197, 457
198, 683

388, 260
473, 417
392, 315
429, 113
514, 884
545, 633

465, 248
499,938
550, 065
582, 102
662, 259
703, 769

77,901
93,044
104, 813
118, 234
143, 338
163, 629

164
190
59
96
159
132

35, 487
35, 490
9,281
23, 043
43, 357
49, 827

646, 506
706, 706
715, 775
750, 313
859, 874
902, 584

501, 648
601, 950
506, 410
570, 389
701, 579
759, 089

64, 348
75, 462
81, 424
89, 242
99, 631
110, 287

18, 088
20, 342
22, 587
25, 751
30, 057
34, 178

991
1,498
1,545
1,621
2,092
2,618

83, 427
97, 302
105, 556
116, 614
131, 779
147, 083

M!ay
June
July
August

210,
219,
193,
183,

917
643
689
689

559, 389
577, 208
508, 757
485^448

796, 538
693, 473
608, 854
566, 992

162, 326
147, 444
132, 798
127, 090

131
456
99
75

45, 738
54, 931
21, 570
21,980

1, 007, 586
913, 572
802, 642
750, 756

767, 453
779, 583
663, 125
634, 517

102, 252
100, 182
97,406
96, 209

27, 339
29, 169
28, 877
29,006

1,683
1,771
1,930
1,925

131, 275
131, 122
128, 213
127, 140

September
October
November
December

177, 163
191, 810
197, 268
239, 328

440, 968
490,360
515, 700
627, 385

556, 415
668, 393
656, 873
681, 525

124, 905
152, 061
146, 882
153, 154

49
77
88
488

21, 391
9,828
18, 838
231, 568

733, 627
860, 280
854, 229
921, 341

587, 264
652, 249
681, 420
1, 012, 108

84,838
98, 241
99, 377
119, 800

27, 378
30, 697
29, 195
48, 803

1,695
2,174
2,345
3,093

113,911
131,112
130, 917
171, 697

1934
January .
February
March
April

172, 587
184, 945
234, 227
213, 613

492, 559
504, 553
635, 192
580, 949

766, 821
649,135
693, 674
705, 346

179, 656
143, 762
156, 792
158, 557

102
89
121
112

16, 415
10, 650
20, 489
24, 758

19, 127
15, 421
35, 040
44, 2§9

939, 510
834, 169
928, 022
919,071

955, 823
844, 730
948, 390
943, 717

691, 341
663, 736
827, 024
783, 775

106, 045
108, 162
111, 422
113, 205

29, 867
30,200
32, 814
29, 235

2,734
2,570
1,684
2,545

138, 646
HO, 932
145, 920
144, 985

May
June
July
August

223, 473
205, 466
188, 335
174, 284

600, 324
573, 508
536, 897
484, 966

760, 648
674, 481
595, 545
609, 703

173, 629
154, 495
135, 015
141, 525

111
99
114
71

20, 006
13, 217
17, 878
14, 828

35, 002
21, 519
31, 343
22, 949

984, 232 1, 004, 127
893, 164
880, 046
783, 994
801, 758
784, 058
798, 815

808, 955
749, 521
703, 255
649, 439

114, 686
107, 888
113,019
99,417

32, 963
32, 744
30, 758
32, 530

2, 435
2,281
2,879
2,339

150, 084
142, 913
146, 656
134, 286

159, 318
181, 569
216, 103
230, 278

436, 618
501, 459
524, 384
676, 188

614, 848
830, 831
641, 128
903, 065

145, 052
198, 461
150, 718
225, 892

75
87
132
-472

13, 906
70, 805
25, 771
109, 080

19, 369
131, 134
38, 624
184, 130

774, 241
788, 072
601, 038
1, 012, 487 1, 083, 205
831, 054
857, 363
883, 002
713, 726
1, 133, 815 1, 242, 423 1, 086, 210

95, 049
109, 188
103, 731
141, 633

33,811
33, 405
32,190
59, 616

2,148
3,025
2,593
4,186

131, 008
145, 617
138, 515
205, 434

178, 402
185, 907
219, 283
215, 715

537, 504
558, 754
668, 447
651, 735

618, 425
732, 120
809, 517
803, 384

147, 441
177, 666
193, 604
196, 895

178
114
129
143

47, 477
22, 769
27, 016
37, 255

68, 969
36, 728
40, 822
66, 428

844, 304
797, 005
918, 141
940, 796
1, 028, 929 1.055.816
1, 019, 242 1, 056, 354

753, 914
773, 148
902.874
915, 059

116, 835
116, 975
128, 544
128, 710

36, 550
32, 901
37, 022
33, 829

4,171
3,125
9,173
5,124

157, 556
153, 000
174, 738
167, 663

241, 349
219, 984

722, 962
651, 674

882, 325
788, 352

217, 735
198, 113

143
160

23, 225
32, 236

39, 106
47,606

1, 123, 817 1, 146, 899
1, 008, 496 1, 040, 572

979, 803
897, 393

127,080
121, 806

36, 573
37, 977

3, 586
3,263

167, 240
163, 046

29, 817

932, 268

1923

-.

September
October
November
December

9

_

1935

January
February
March
April

.

..

May
June
July
\ugust

September
November

.._ .

1
Compiled by the Association of Life Insurance Presidents. The data on new business represent only new business that has been paid for, exclusive of revivals, increases,
and dividend additions." Premium collections show the amount of money actually invested in life insurance each month, and include total premium collections, new and
renewal, and considerations for annuities and for supplementary contracts involving and not involving life contingencies. The 45 companies whose figures are included
in this table had in force 81 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31, 1923. Complete monthly data from 1922
were2 given in September, 1921, issue (No. 37), p. 37. Data given in previous issues coyer a smaller number of companies.
This column, by adding together the number of policies issued lor ordinary and industrial insurance and the number of certificates issued under group insurance contracts, indicates the trend in number of persons covered by new insurance, but does not show the exact number of persons covered, since one person may have several policies
of ordinary insurance and in addition hold a certificate under a group contract.




117
Table 89.—LIFE INSURANCE—ASSETS AND SALES BY DISTRICTS
ADMITTED ASSETS (41 companies) »

SALES, ORDINARY INSURANCE (81 companies)

Bonds and stocks (book values) Policy
loans
and
GovPublic
preAll
Bail- utili- mium
ernTotal
other
road
ment
ties notes

Mortgage loans
YEAR AND
MONTH

Grand
total

Total

Farm

United
States,
total

Eastern
manufacturing

Millions of dollars

Western Western
Far
manu- agricul- SouthWestern
ern
facturtural
ing

Thousands of dollars

i

1921 mo.
1922 mo
1923 mo.
1924 mo.

av
av
av
av

$7, 409
8,091

1923
January
February .
March ._
April

7,111
7,190
7,251
7,301

2,480
2,513
2,557
2,595

May
June
July
August

7,329
7,370
7,429
7,470

September
October
November
December

$154,321
174, 242
208,526
235,584

$90, 152
98,380
121, 194
127,321

$81,074
78, 899
90,912
91,008

$57, 145
61,645
72,403
73,954

$42,400
46, 126
56, 261
60,005

$1,432
1,734

$3,327
3,428

$1,219
1,119

$1,750
1,849

$281
365

$928
920

$425,092
459,292
549, 296
584,871

1,158
1,173
1,206
1,229

1,322
1,340
1,351
1,367

3,278
3,315
3,321
3, 307

1,244
1,267
1,261
1,231

1,702
1,710
1,719
1,731

260
265
268
272

905
908
912
913

466,880
485,930
593, 213
566,844

192,326
199,830
230, 748
217, 276

97,694
103,825
132,473
123,675

75, 906
78,441
93,835
92,366

57,485
60,334
81,798
76,410

43,469
43,500
54,359
57, 117

2,635
2,675
2,725
2,760

1,251
1,266
1,281
1,291

1,384
1,409
1,444
1,469

3,316
3,327
3, 335
3,330

1,222
1,218
1,215
1, 201

1,746
1, 754
1,758
1,765

274
281
282
285

919
924
930
936

625,957
590, 460
534, 075
538,043

244,865
219, 359
191,717
199, 159

132, 998
130,081
119, 248
121, 745

104, 387
98,602
92,920
88, 466

81, 780
81,792
69, 925
68, 431

61,927
60, 626
60, 265
60,242

7, 522
7, 533
7,641
7,706

2,789
2,829
2, 866
2,903

1,302
1,312
1,322
1,335

1,487 ' 3, 337
3,343
1,517
3,354
1, 544
3,366
1,567

1,200
1,195
1,192
1,184

1,769
1, 775
1,780
1,792

287
293
301
305

939
946
949
953

475, 957
554, 773
548, 669
610, 751

175,511
212, 757
212,548
206,217

103, 573
127,070
124, 472
137, 473

81, 569
90, 734
86, 698
107, 019

63,742
69,436
69,368
88, 340

51,562
54, 776
55, 583
71,702

1924
January
Fcbruarv
March _
April

7,772
7,823
7,877
7,936

2,941
2,975
3,009
3,049

1,346
1,357
1,370
1,382

1,595
1,618
1,638
1,666

3,363
3, 376
3,378
3,388

1,180
1,172
1,155
1,138

1,783
1,787
1,800
1,813

312
327
333
345

960
966
972
981

538,601
546, 521
667, 577
662, 591

238,057
226, 893
275, 970
274, 522

113, 109
120, 674
148, 620
142, 996

75,689
80,796
96, 836
98,652

60, 148
62, 891
81, 871
81,478

51,598
55, 267
64,280
64,943

Mav.
June.
July
August

7,994
8,048
8,115
8,164

3,084
3,120
3,162
3, 195

1,394
1,396
1,416
1,425

1,691
1,724
1,745
1,770

3,403
3,413
3,424
3,440

1,124
1,111
1,103
1,098

1,833
1,845
1,855
1,869

354
360
370
376

987
996
1,004
1,007

638, 768
515, 271
591, 346
508,389

252,343
208,688
232, 179
189,674

139, 517
113,596
125, 260
112, 012

99, 914
73, 178
97, 648
82, 024

78, 975
72,375
73,245
68,203

68,019
47,434
63,014
56,576

September
October.
November
December

8,231
8,297
8,359
8,476

3,227
3, 263
3, 298
3,333

1,433
1,439
1,444
1,452

1,794
1,824
1,853
1,886

3,453
3, 469
3,496
.3,534

1,092
1, 085
1,085
1,086

1,883
1.899
1^909
1,915

381
388
405
430

1,012
1,017
1,018
1,020

487,944
572, 184
545, 152
744, 111

180,485
224,325
218, 834
281, 134

106, 181
124,841
115,577
165,469

84, 217
93, 489
88,871
120, 784

62,616
69, 226
65,490
98, 928

54, 445
60,303
56, 380
77,796

1925
January
February
March
April..

8,549
8,605
8,673
8,755

3,377
3,410
3,449
3,496

1,456
1,460
1,474
1,483

1,921
1, 950
1,975
2,013

3,547
3,561
3,583
3,595

1,082
1,078
1,067
1,061

1,922
1,927
1,939
1,946

441
454
474
486

1,027
1,032
1,039
1,048

559, 916
611,480
702,994
711,504

238, 217
259, 837
284, 997
293, 164

120, 740
131,410
152, 821
148, 131

81,576
92,432
111, 129
114,682

62,662
72,367
85,011
86, 460

56, 721
55, 435
69,036
69,067

8,825
8,892

3,542
3,586

1,492
1, 500

2,050
2,086

3,624
3,647

1,055
1,048

1,960
1,974

606
521

1,057
1,066

732,952
689, 450

297, 740
268, 753

153,845
147, 592

116, 235
114, 415

92,963
88, 774

72, 169
69, 916

May
June
July
August

$2,694
$1,261
3,138 i 1,405

September
October.
November
II
1

I

Compiled by the Association of Life Insurance Presidents from special reports of 41 companies having 82 per cent of the total admitted life insurance assets of United
States legal reserve companies; the data are given as of the end of each month and are designed to show the fluctuations in the character of investments of life insurance
companies. Admitted assets embrace all assets permitted by statute to be included for testing the solvency of the companies; in addition to the items separately listed,
the total also includes real estate, collateral loans, cash, bills receivable, interest due and accrued, deferred and unpaid premiums, etc. Of the bonds and stocks, approximately
93H per cent are bonds and 1V2 per cent are stocks.
2
Represents data on ordinary life insurance only (thus excluding industrial and group insurance) compiled by the Life Insurance Sales Research Bureau from 81 insurance companies who held on Jan. 1, 1923, 88 per cent of the total ordinary legal life reserve in force in the United States. Monthly data for 1921 were given in the April,
192i, issue (No. 32), p. 56. The Eastern Manufacturing district includes Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, New
Jersey, and Pennsylvania; Western Manufacturing district—Ohio, Indiana, Illinois, Michigan, and Wisconsin; Western Agricultural district—Minnesota, Iowa, Missouri,
North Dakota, and Texas; Southern district—Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida, Kentucky, Tennessee, Alabama, and Misssisippi; Far Western district—Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona, Utah, Nevada, Washington, Oregon, and California,




118

Table 90.—SAYINGS DEPOSITS
BALANCE TO CREDIT OF DEPOSTTOBS-END OF MONTH 1
Federal Reserve BistHcts
YEAE AND MONTH

Boston
(64
banks)

Total
deposits

PhiladelNew
phia
York
(SObaaks)
(78
banks)

Cleveland
(18
banks)

BJehmoncl
(91
banks)

Atlanta
(96
banks)

Chieago
(209
banks)

St.
Louis
(32
banks)

Min- Kan- DalSan
neapsasFranlas
City
olis
cisco
(85
(5-6
(15
(72
banks) banks) banks) banks)

New- United
York
States
postal
State
savings3
savings
banks

Thousands of dollars
1919 monthly av.
1920 monthly av. $5,437,438 $1, 036, 420 $1,532,056
1921 monthly av. 5, 776, 628 1, 064, 315 1, 653, 162
1922 monthly av. 6, 010, 260 1, 100, 456 1, 728, 301
1923 monthly av_ 6, 592, 987 1, 185, 836 1, 850, 108
1924 monthly av_ 7, 072, 087 1, 255, 184 1, 973, 919

1933
September
October
November
December

$389, 823
414, 761
424, 527
457, 860
491, 430

$612, 598
$345, 252 $225, 478 $188, 731 751, 870 $90, 554 $71, 707 $80, 957 $44, 800
387, 425 244, 718 179, 872 768, 358 104, 871
77, 010 89, 212 47,774
382, 759 268, 675 186, 916 771, 608 115,412
79, 643 95, 697 52, 177
88, 954 104, 649 59, 855
430, 834 289, 760 213, 522 855, 825 128, 949
477, 603 314, 207 228, 629 906, 714 141, 030
92, 077 108, 657 66, 612

96, 882
98, 837
99, 901
102, 556

53, 357
53, 269
•33, 629
54, 779

819, 028
827, 347
833, 523
861, 565

819, 393
828, 144
415, 526 287, 828 208,538 834, 630
418,287 290, 706 211, 102 839, 966

125,229

102, 558

54, 739

864, 077

126,838
126,920

86, 220
86, 946
87, 987
88, 246

103, 412

58, 495

903, 497

850, 375
867, 505
858,068
858, 657

128, 605
129, 907
129, 740
130, 158

87, 989
89, 123
88, 820
88, 820

104, 380
106, 623
105, 136
103, 892

59, 594
59, 976
60, 306
60, 716

911,259
932, 217
936, 123
936, 938

217, 318 861, 491
218, 209 872, 155
218, 340 882, 010
220, 771 897, 508

130, 128
131, 741
131, 862
134, 823

90,326
90, 043
90, 517
92, 410

103, 871 60, 740
104, 422 61, 517
106, 557 63, 024
109, 265 63, 870

948, 946
955, 447
957, 988
980, 205

293,099 219, 855 891, 580 135,025
298, 464 224, 817 895, 491 135, 929
302,960 227, 205 903, 725 136, 244
465,639 308, 941 228, 250 900,802 137, 545

92, 303
92, 076
93, 542
92, 967

108, 714
108, 653
108, 394
108, 918

64,526 979, 938 3, 168, 327 130,277
65, 082 1,006,480 3, 172, 696 132, 152
65, 563 1,010,941 3, 233, 022 132, 770
65, 818 1,002,532 3, 210, 507 ' 132, 565

411, 325

454, 744
456, 910
1,854,810 461, 876
1,854,412 461, 922

421, 667
430, 919
430, 014
432, 286

293, 716
291, 721
289, 348
288, 652

213, 045
218, 835
218, 777
215, 358

290, 092
290, 783
290, 543
293, 193

1, 805, 923

274, 199
278, 077
393,214 276, 936
407, 761 279, 246

187, 117
192, 751
194, 864

1933
January
February
March
April

6,487,545

1, 150, 793
1, 158, 610
1, 165, 719
1, 173, 515

May
June
July
August

6, 529, 146
6, 632, 093
6, 625, 604
6, 625, 983

1, 178, 188
1, 188, 854
1, 192, 585
1,194,152

1, 825, 584
1, 859, 503

September
October
November. ._
December

6, 672, 204
6, 703, 325
6, 743, 274
6, 878, 154

1, 198, 304
1, 204, 326
1, 207, 722
1, 217, 267

1, 873, 986
1, 871, 644
1, 876, 107
1, 923, 763

461, 474
461, 935
463, 010
480, 131

435, 528
441, 103
455, 596
464, 948

1934
January
February
March
April..

6, 878, 006
6, 938, 646
6, 990, 191

1, 227, 742
1, 235, 079
1, 241, 474
1, 247, 828

1,922,678 483,826
1, 928, 114 485, 354
1,948,347 485, 844
1, 941, 969 487, 634

458, 720
463, 107
465, 952

1, 945, 064
1, 981, 700
1, 974, 972

487, 460
488, 816
489, 816
1,977,476 490, 960

471, 062
467, 618
479, 171
480, 963

309, 589
315, 352
317, 903
322, 551

229, 719
234, 474
228, 026
229, 159

904, 430
916, 257
902, 603
901, 674

139, 262
138, 550
138, 176
138, 576

89, 735
90, 892
90, 656
90, 772

110, 328
111, 942
108, 921
109, 229

66,020

491, 805
2, 001, 536 495, 093
2, 006, 184 497, 277
2, 056, 333 513, 283

483, 342
489, 511
499, 463
506, 689

323, 350
325, 899
324, 495
327, 880

228, 710
228, 510
230, 308
234, 515

902,737
910, 932
917, 748
932, 593

138, 247
141, 026
157, 231
158, 548

92, 078
92, 444
92, 787
94, 674

109, 685
106, 979
105, 620

67, 805
67, 849
67, 523
67, 490

6,407,790
6, 460, 765

6,988,843

May
June
July
August

7, 001, 598
7, 089, 775
7, 070, 720

7,087,421

1,249,697
1, 256, 624
1, 256, 927
1,261,004

September
October. ._
November
December

7, 133, 998
7, 154, 337
7, 197, 214
7, 334, 289

1,263,800
1, 268, 465
1, 271, 490
1,282,074

1935
January
February
March
April
May
Juno
July
August

2,002,659

2, 892, 469

134, 230
133, 477
133, 103
132,. 282

80, 827
80,841
81, 246
83, 793

442, 083
1,809,394 446, 707
1, 825, 991 449, 252
1,820,182 453, 217

6, 349, 980

1, 741, 543
1, 746, 127
1, 807, 550

1,016,024

161, 373
163, 434
154, 124
138, 168
132, 190
133, 022

117, 136
118, 058
120, 539
124, 197

383, 995
389, 013

1,108,924
1, 114, 412
1,116,546
1, 130, 998

745, 150
804, 090
926, 410

2, 223, 216
2, 465, 491
2, 635, 572
2, 800, 118
3, 090, 659
3, 258, 920

773, 053
783, 414
793, 823
202,622 &16, 668

1,744,493 420,090
419, 573
419* 043
436, 122

6, 059, 101
6, 097, 135
6, 129, 394
6, 307, 857

$699, 790

284, 707

412,811 285,829

202, 933
204, 038

125, 774

131, 568
131,980
132, 180
132, 291

102,858 56, 755 889, 924
102,816 57, 958 897, 682

103,498

999,232

68, 035 1,019,515
66, 824 1,016,725
66, 811 1,018,256

1,029,779
1,026,093
1,027,088
1,055,712

3, 040, 789

3, 144, 094

131, 751
131,671
131, 726
132, 502
133, 077
133, 157
132, 833
131, 518

3,261,053

133, 072
132, 655
132, 915
133, 929

3, 302, 442
3, 308, 534
3, 318, 009
3, 388, 832

133, 948
134, 405
134, 235
133, 346

3, 208, 840
3, 267, 717
3, 267, 064

/

518, 203
520, 032
521, 786
521, 363

506, 884

330,002

509,621

334, 662
336, 269
344, 629

924, 912
932, 382
933, 809
930, 626

7, 352, 486
7, 429-, 237
7, 468, 662
7, 462, 769

1, 295, 931
1, 302, 424
1, 310, 807
1, 310, 741

7, 497, 371
7, 611, 975

1, 314, 076 2,079,086 522, 105 517, 774 347, 148 242, 128 941, 509 159, 127
1, 322, 249 2, 108, 961 519, i62 530,948 355,923 262,304 953,861 160,522

September
October
November
D ecember
1

2, 058, 549
2, 063, 855
2, 083, 503
2, 077, 949

512, 388
512, 129

231, 278
234, 754
235, 180
238, 246

157, 486
157, 483
157, 264
158, 549.

95, 908
96, 384
97, 845
97, 340

108,842

68, 434 1,058,044
70, 066 1,099,706
71, 336 1,099,633

107, 146

72,118 1,091,933

106, 855
107, 868

96, 672 107,908 72, 789 1,097,049
98,136 108,727 75, 088 1,126,114

3,409,097
3, 417, 732
3, 462, 469
3, 468, 903

133, 472
134,033
133, 892
133, 216

3, 464, 535 132, 880
3,517,264 132, 186

»•

!

Sayings deposits in each Federal Keserve district (including both commercial and savings banks) compiled by Feileral Reserve Bank of that district from reports
of identical banks, exeeDt Atlanta, Kansas City, and Dallas districts, which have been computed on chain relatives since June, 1923. Deposits in savings banks of
New York State furnished by Savings Banks Association of the State of New York; postal savings from U. S. Post Office Department. Yearly averages from 1913 to 1918
for both
of these columns appeared in the February, 1925, issue (No. 42), p. 141.
2
Yearly figures from 1914 to 1920, inclusive, and for 1923 are averages of deposits on June 30 and December 31 of each year; 1913 figures are for December 31;
1921 is average of four quarterly figures, and 1922 is average of three quarterly figures. Monthly data beginning with 1924 calculated by adding to incomplete monthly
reports to the association the depositors' balance of the few nonreporting banks at the previous semiannual period.




119
Table 91.—BANKING
DEBITS TO
INDIVIDUAL
ACCOUNTS i
YEAR AND
MONTH

r»N#w
York
City

BANK
CLEARINGS >

CONDITION OF
REPORTING
MEMBER BANKS*

INTEREST
RATES «

Reserve
ratio

Net
Total
Total
deloans
mand
and dis- investcounts ments deposits

Commeirelal
New doubleYork name
call
loans paper,
4 to 6
in os.

Percent

Millions of dollars

Percent

CONDITION OF FEDERAL RESERVE BANKS »

Notes Total Total
Outside In New Outside Fills
disin cir- investNew
New
reYork
countcula- ments serves
York
York
City
tion
ed
City
City

Total
deposits

Millions of dollars
»

1913 mo. av
1914 mo. av_ . .
1915 mo av
1916 mo. av
1917 mo. av
1918 mo. av

$7, 888'
6, 918
9,184
13, 298
14,784
14, 878

$5, 749
5, 508
5, 879
7,713
9,734
11,801

$2S
24
224
1,158

$89
185
606
1,911

$144
231
466

$384
586
1,261
1,991

5.52
4.80
3.46
3.45
4.73
5.88

$1, 154
1,738

94 6
83.5
75.6
67.0

$9, 260

S. 29
3.68
1.90
2.74
3.37
6.08

7.07
8.58
5.99
4.42
4.87
3.17

5.43
7.38
6.64
4.43
4.99
3.91

$20, 343
20, 087
17, 258
19, 988
19,866
21,961

$17,536
20, 067
15, 914
16,625
18, 777
18, 996

19,650
20,261
16,194
18,. 158
17,833
20,822

13, 944
15, 801
12, 212
13,204
15, 847
16,347

1,936
2,557
1, 755
650
751
362

2, 618
3, 154
2,664
2, 215
2,239
1,866

592
685
338
618
399
583

2,190
2,126
2, 672
3, 149
3,192
3, 196

1,937
1,922
1,744
1,851
1, 941
2,112

50.2
43.5
61.4
77.5
76.4
80.4

$11, 927
10, 953
11, 788
12,343

$3, 364
4,230
4,617
4, 968

10, 576
11,302
10, 178
10, 855
11, 143
12,065

1923
May
June
July _. ...
August

20,704
21,041
18,321
16, 189

19,368
19, 532
18, 184
17, 308

19, 212
18, 675
16, 646
14, 778

16» 862
16, 116
15, 395
14, 596

731
775
761
816

2,250
2,227
2,195
2,225

447
339
273
267

3, 195
3,202
3,200
3,201

1,952
1,937
1,897
1,908

76.1
76.9
78.2
77.5

11,840
11, 850
11, 716
11, 708

4, 665
4,692
4,528
4,537

11, 173
11,104
11,078
10,880

4.80
4.88
5.00
4.95

5.13
4.88
4.94
6.10

September
October
November
December

16,799
19,152
19, 983
22, 081

17, 260
19, 747
18, 521
20, 367

15, 071
17,730
18,048
19, 495

14,593
17, 036
15, 915
17, 302

862
884
794
857

2,248
2,225
2,246
2,340

264
297
373
441

3,193
3r191
3,197
3,138

1,930
1,959
1,939
1,938

76.4
76.3
76.4
73.3

11,877
11, 943
11,904
11, 934

4,545
4,530
4,464
4,555

10, 891
11, 158
11, 102
11, 034

4.88
4.70
4.81
4.94

6.16
5.13
5.09
4.97

1924
January
February
March .. .
April

22,114
19, 886
21, 546
20, 654

19, 384
17, 512
19, 192
18, 656

20, 689
18, 120
19, 650
20, 326

16, 862
14, 791
16,200
16, 052

522
532
482
447

2,023
2,022
1,983
1,926

393
419
460
426

3,263
3, 230
3,223
3,223

1,991
1, 986
2,007
2, 005

81.3
80.6
80.8
82.0

11, 884
11,874
12,065
12, 121

4,480
4,496
4,515
4, 535

11, 239
11, 165
11, 171
11, 439

4.55
4.50
4,00
4.44

4.88
4.78
4. 59
4.63

May
June
July
August

21, 406
21, 926
21, 469
20; 916

18, 639'
18, 364
18, 662
17, 776

20, 722
19, 959
21, 127
20,342

15, 928
15, 360
16, 333
15, 344

430
350
294
263

1,891
1, 844
1, 762
l,74fl

421
476
£31
593

3,214
3, 271
3,260
3,202

1,997
2,108
2,165
2,150

82.7
82.8
83.0
82.3

11, 951
12, 142
12, 265
12, 434

4,659
4,827
4,987
5,091

11, 403
11, 837
12,233
12, 419

3.63
2.25
2.10
2.00

4.23
3,91
3.53
3.25

September
October
November
December

20,734
22,506
23,047
27, 327

18,238
20,912
18, 846
21, 830

19,291
21, 585
22,433
25,62§

15,986
18, 122
16, 743
18, 445

260
223
222
314

1,730
1, 767
1,815
1,862

668
802
866
935

3,156
3-r 132
3r134
3,047

2,196
2, 218
2,203
2, 311

80:4
78.6
77.4
73.0

12,677
12, 764
12,870
13,068

5,331
5,551
5,617
5,531

12, 630
12, 922
13, 065
13, 254

2. 13
2.45
2.60
3.38

3.13
3.13
3.25
3.56

1935
Januarv
February
March
April

27,, 682
22,924
2(5,382
23,945

22, 277
18, 571
21, 219
20, 592

26,721
21, 057
23, 349
22, 849

18,525
15, 668
17, 759
17, 717

274
434
378
400

1, 684
1,729
1, 709
1,684

715
696
663
628

3,083
3,030
3,008
2,993

2, 265
2,270
2,184
2,187

78.0
75.8
77.3
77.3

13,051
13,143
13, 140
13, 232

5, 488
5,396
5,478
6,484

13, 014
12, 932
12, 588
12,814

3.63
3.81
4.00
4.00

3.63
3.66
3.94
3.97

26, 179
26, 930

20, 397
21, 691

23, 847
24, 019
23, 396

17, 103
18,244
18, 570

414
455
488

1,671
1,634
1, 598

640
679
553

2,982
2, 959
2,937

2,202
2, 210
2,201

77.0
77.0
77.3

13, 108
13, 205
13. 217

5, 485
5,505
6,506

12, 645
12, 725
12, 815

3.95
4.07
4.30

3.88
3.88
3.93

191 9 'mo. av
1920 mo. av
1921 ino. av
1922 mo. av
1923 mo. av
1924 mo. av

May
June
July
August

:

September
October
November..
December...
1
Debits to individual accounts are collected by the Federal Reserve .Board from about 150 of the larger clearing-house centers. These data represent check transactions
more fully than clearings inasmuch as all checks debited to individual accounts are included and not merely those passing through the clearing house- The figures given
are combined from weekly totals, the first and last weeks of the month being prorated. Data for individual cities were presented in the October, 1923, issue (No. 26),
p. 512 to 55.
Figures on bank clearings, showing volume of check transactions passing through the clearing nouse, compiled by Bradstreets. Clearings outside New York City
represent
117 cities each year, estimates for some of the smaller cities being necessary in earlier years to complete the data.
3
Condition reports, showing respectively the combined condition of tho twelve Federal reserve banks and the condition of over 800 member banks of the Federal reserve
system, are compiled by the Federal Rc&e/rve, Board. The condition is given as of the last Wednesday of the month, but prior to April, 1921, figures are of the last Friday of
the month. The reserve ratio represents thef percentage which total reserves (mostly gold) form of the combined deposit and Federal reserve note liabilities. Prior to
March, 1921, net deposits were used instead o total deposits in calculating reserve ratios. Monthly data from 1920 an condition of Federal reserve banks may be found
in (he May, J922, issue (No. 9), page 123. except for investments, which are given in the September, 1922, issue (No. 13), p. 47.
4 Interest rates are averages of wee kly ranges in the New York market as published by the Commercial and Financial Chronicle. During the earlier years quotations on
commercial paper are based on prime double-name commercial paper maturing, in 60 to 90 days, but lately the quotations have been changed to from 4 to 6 months paper,
which now constitutes the bulk of this business and the rates for wMicb have been practically identical with the shorter maturities. Call loan rates are based upon mixed
collateral. Detailed data by months from 1913 are given in the June, 1924, issue (No. 34) p. 56.
$




120
Table 92.—STOCKS AND BONDS

YEAR AND MONTH

Combined
index
(103
stocks)
(9)

25
£5
indus- railtrials roads
(4)
(4)

Dollars per share

Combined
index
(40
bonds)
(a)

10
highest
grade
rails
(6)

10
second
grade
rails
(6)

10
public
utility
bonds
({)

$58. 19 $82.97
77.57
58.08
75.35
73.16
99.14 80.05
69.12
85.44
61.34
80.98

76.76
80.49
75.58
69.84

89.79
92.45
87.43
80.02

75.55
78.00
72.42
66.12

73.73
77.59
72.36
63.89

1919 monthly av
1920 monthly av
1921 monthly av._
1922 monthly av__
1923 monthly av._
1924 monthly av..

$84. 57
97.08
82.13
88.74

105. 77
107. 21
79.38
98.58
107. 78
115. 08

62.06
55. 94
53.21
62.38
60.15
67.18

69.07
59.70
60.15
74.11
71.72
74.32

77.89
71.33
74.39
85.50
82.89
85.11

66.33
58.54
61.43
71.76
67.71
71.96

1933
May
June
July
August

94.11
84.61
82. 87
86.20

108.18
105. 94
102. 52
102. 95

60.73
60.95
58.07
56.24

71.71
71.80
71.40
71.86

82.58
82.73
82.78
83.66

September
October
November
December

84.54
84.33
88.28
90.15

102. 74
101. 78
105. 44
108.88

57.14
57.06
58.30
58.25

71.22
70.56
70.96
71.04

1934
January..
February
March
April

93.00
87.77
82.12
81.00

112. 14
111. 83
109. 82
106.71

60.35
60.47
61.09
62.09

May
June..
July
August

80.30
84.83
88.44
89.85

106.43
108. 93
113. 53
119. 18

September
October
November ... .
December

89.90
90.25
97.77
99.65

1935
January
February
March.
April
May
June..
July

_

October
November
December

10
industrial
bonds

0)

Per cent of par value of 4 per cent bond

1913 monthly av_.
1914 monthly av__
1915 monthly av
1916 monthly av
1917 monthly av
1918 monthly av

_

BOND
YIELDS
(2)

BOND PRICE INDEX

STOCK PRICES

Com5 Libbined
erty
index
and
(66
Treasbonds)
ury
(4)

16
foreign

Per cent of par value

NEW YORK STOCK
EXCHANGE SALES »

Municipal
bonds

Stocks

Per
cent

Thous.
of
shares

Mis- Liberty
cellaand
Total
neous Victory bonds
bonds bonds
Thousands of dollars,
par value

70.51
75.89
71.35
69.36

4.45
4.16
4.23
4.06
4.31
4.58

6,924
3,992
14, 448
19, 404
15, 378
11, 948

61.77
51.99
53.92
67.50
66.26
68.93

70.76
60.12
65.28
•74.00
72.27
73.21

85.38
94.93
93.40
95.68

93.20
99.54
98.77
101. 44

92.42
101. 22
100. 22
101. 71

4.50
5.04
5.02
4.21
4.27
4.21

26, 073 71, 322
18,728
88, 563
14, 334 115, 686
21, 852 206, 948
19, 671 161, 354
23,483 243, 145

67.73
68.09
67.70
67.81

66.38
66.16
65.70
66.35

72.25
72.35
71.68
72.02

93.97
93.18
93.54
93.53

98.81
98.62
98.95
98.75

101. 37
101.27
100.52
100. 17

4.22
4.24
4.29
4.35

23,106
20, 317
12,668
13, 126

82.76
82.46
83.25
82.73

66.80
66.29
66.79
67.31

65.95
64.75
64.53
64.63

71.71
71.25
72. 02
71.99

92.90
93.01
92.89
93.03

38.40
98.20
98.93
98.82

99.62
99.45
99.07
99.15

4.40
4.39
4.37
4.37

72.23
72.15
72.35
72.67

83.59
82. 79
82.76
83.58

68.43
68.72
68.87
69.52

66.12
66.27
67.19
67.53

73.09
72.86
72.42
72.03

93.99
93.78
93.93
94.25

99.50
99.48
99.70
100.36

99.60.
99. 77
99.71
99.89

62.53
65.07
68.39
71.06

73.17
74.59
75.81
75.93

84.42
85.84
87.22
86. 09

70.62
72.49
73.58
73.52

67.39
69.08
70.93
71.57

72.34
73.01
73.48
74.14

94.74
96.35
96.91
96.63

100.94
102. 49
102. 97
102. 10

116.73
117. 29
124.11
134. 29

70.28
69.63
76.00
79.15

75.40
75.74
76.06
75.77

86.47
86.67
86.43
85.45

73.69
74.36
75.03
74.65

69.94
70.10
70.45
70.56

73.42
73.75
74.06
73.94

97.00
97.13
96.86
96.55

105.06
105. 64
99.78
101.90

135. 38
138. 48
136. 96
135. 40

79.97
80.90
79.07
76.28

76.07
76.82
76.38
76.51

85.82
86.37
86.98
87.66

75.12
76.00
75. 50
75. 90

70.63
71.26
70.03
69.69

74.61
75.16
74.90
75.05

104.68
108. 05
110. 75

142. 34
144. 42
149. 25

79. 50
79.57
80.23

77.97
78.46
77.56

88.91
88.77
87.28

77.49
77.79
76.78

71.36
72.06
71.05

76.15
77.01
76.85

$41, 499
56, 959
79,623
94, 199
61, 866 i $40, 492
47, 544 117, 059

$41, 499
56, 959
79,623
94, 199
85, 690
164, 603

236, 814
235, 406
173, 130
136, 442
66, 549
72, 176

308, 136
323, 969
288, 816
343, 390
227, 903
315, 323

166,736
172, 656
123, 068
116, 604

97,633
73, 474
61, 747
41, 776

264, 369
246, 130
184, 815
158, 380

14, 610
15, 809
22, 573
24,067

108, 459
145, 585
162, 271
169, 750

48, 048
77, 423
65, 869
68, 220

156, 507
223, 008
228, 140
237, 970

4.32
4.36
4.34
4.30

27, 762
20,637
18,206
17, 792

253, 394
178, 379
205, 567
185,466

91, 693
53, 375
72, 622
93, 101

345, 087
231, 754
278, 189
278, 567

100.00
102. 05
102. 41
103. 84

4.26
4.15
4.14
4.12

13, 422
16, 803
24,226
22,427

180, 440
287, 519
273, 131
244, 041

91, 979
102, 855
68, 014
62,231

272, 419
390, 374
341, 145
306, 272

102.66
102. 98
102. 10
101. 98

103.68
103. 67
103. 50
102. 39

4.11
4.11
4.13
4.16

18,150
18, 126
41, 369
42. 876

212, 357
247, 972
336,431
313, 044

52, 665
45, 164
52, 987
79, 448

265, 022
293, 136
389, 418
392, 492

96.94
97.23
96.76
97.39

102. 21
102. 11
102. 03
102.62

103. 24
103. 14
102. 32
102, 80

4.16
4.11
4.10
4.07

46. 739 303. 825
32,750 280,237
38,568 281, 732
18, 314 247, 768

48. 638
26, 691
33, 316
30,283

352. 463
306,928
315, 048
278, 051

98.15
98.18
97.47

102. 65
102. 97
102. 14

103. 84
103.50
103. 40

3.99
4 00
4.07

36,464
30,860
32, 273

25, 186 338, 798
33, 074 276, 590
32, 192 270, 101

•

313, 612
243, 516
237, 909

...

1
Bond sales from Dow, Jones & Co.; stock sales from the Annalist. Monthly data from 1920 are given for most items in this table in the May, 1922, issue (No. 9), pp.
125 2and 129.
Average market yield of bonds of 20 large cities at the end of each month compiled by The Bond Buyer. Averages for 1913 to 1916, inclusive, taken from Bond Buyer's
Index of the Municipal Bond Market, based on period Jan. 1 to Dec. 1; subsequent yearly data are averages for the period Jan. 31 to Dec. 31.
3 This index, compiled as of the last day of the month by the New York Trust Co., includes 25 railroads, 10 iron and steel, 5 railroad equipment, 9 motor (including accessories),
5 rubber tires, 5 shipping, 5 sugar, 5 leather and shoe, 5 tobacco, 10 copper, 10 oil, and 9 New York bank and trust companies.
4
Prices are averages of daily closing prices for these stocks on New York Stock Exchange, taken from the Annalist. Monthly data from 1913 are given in the December,
1922, issue (No. 16), p. 47.
fi These indexes are compiled by Dow, Jones & Co. from the yields of the average prices of the bonds for each day of the month, the average yields for the 10 bonds of each
class being capitalized at 4 per cent to give the combined index.
fl This index, compiled as of the last day of the month by the New York Trust Co., includes 6 Liberty and Victory bonds (the two issues of Victory bonds being replaced
at their redemption by the Treasury bonds, thus making only 5 issues), 16 foreign government and city%20 railroads, 10 public utilities, and 5 telegraph and telephone issues.
7 Represents an average of 7 months, June to December, inclusive.
* Five substitutions in this series in January, 1922, account for the violent change in the index.




121

Table 93.—BUSINESS PROFITS AND LOSSES
DIVIDEND AND INTEREST
PAYMENTS

BUSINESS FAILURES 1
Total
commercial
YEAR AND MONTH

Manufacturing establishments

Trade establishments

Liabil- Firms Liabil- Firms Liabil- Firms
ities
ities
ities

Agents and
brokers

Dividend payments 3

Banks
(quarterly)

Total
dividends
and
inLiabil- Firms Liabil- Firms terest
ities
ities
payments 2

Aver-

Total

age
Induspaytrial Steam Street ments
and
on
railrailmiscel- roads
ways induslanetrial
ous
stocks

(Qtly) 3

Thous. Numof dols. ber

Thous. Number
of dols.

Thous. Num- Thous. Numof dols. ber
of dols. ber

$22,818
29,821
25, 106
16,354
15,203
13, 590

1,336
1,523
1,846
1,415
1,154
832

$10, 366
11, 312
9,335
6,083
6, 628
6,121

353
385
426
349
308
230

$9,583
13, 805
12, 436
7,616
5,843
4,825

929
1,071
1,336
994
786
541

$2, 869
4,704
3,335
2,655
2,732
2,644

54
67
84
73
61
60

* $7, 887
14, 001
9,306
1,598
4,614
1,284

*30
54
33
12
12
6

$148, 103
148, 948
155, 426
177, 919
199, 095
227,061

$69, 838
68, 481
66,019
77, 176
89, 856
85, 184

$38, 527
36, 530
36, 374
44, 986
56, 542
53,788

$24, 733
24,549
23,613
26, 095
26,038
24, 135

$4, 906
5,368
5,149
6,020
6,493
6,318

$5.23
5.36
3.45
5.09
6.68
6.19

9,442
24,593
52, 361
51, 989
44, 885
45, 269

538
740
1,638
1,973
1,560
1,718

4,301
10, 666
19, 488
17, 910
23,379
23,897

155
220
375
473
414
434

3,139
7,380
21, 232
22, 615
17, 495
16, 933

334
461
1,166
1,410
1,089
1,184

2,002
6,547
11, 641
11, 465
4,012
4,439

48
59
96
89
57
85

4,131
12, 675
43, 254
19, 434
50, 934
50, 732

12
30
102
69
144
153

265, 764
284, 573
278, 484
283, 310
298,768
317, 674

79, 745
80, 248
76, 965
77,554
80, 271
83,657

48, 264
50,140
45,200
43,723
45, 120
46, 649

23, 705
23,832
23, 668
23,508
24,093
24,993

5,977
6,074
5,970
5,902
6,313
6,467

5.85
6.59
4.94
4.40
5.46
5.55

1,530
1,358
1,231
1,319

16,686
11, 703
19, 139
15, 988

401
348
350
385

18,960
12, 413
10, 701
13, 125

1,069
970
828
888

6,376
4,606
5,881
5,222

60
40
53
46

36,700

64

July
August

41,022
28,722
35, 721
34, 335

253, 425
295, 050
366, 025
187, 550

53,400
60,300
101, 575
77, 550

27, 050
37,250
52, 975
42,700

21, 225
21,100
28, 150
30,600

5,125
2,300
8,750
4,250

September
October
November
December

28, 698
79, 302
49, 592
51, 615

1,226
1,673
1,704
1,841

13, 571
59, 136
28,456
19, 275

324
498
495
495

11,462
17, 413
17,194
28,092

863
1,110
1,131
1,254

3,665
2,753
3,942
4,248

39
65
78
92

24,294

84

130, 693

365

259, 636
387, 215
256, 965
286,050

57, 936
93, 515
64,965
67, 505

38,601
60, 825
27, 625
50, 975

15, 325
23, 640
31, 500
13, 050

4,010
9,050
5,840
3,480

1934
January
February
March
April

51,273
35, 942
97, 651
48,904

2, 108
1,730
1, 817
1, 707

28, 875
16,478
72, 838
23, 137

505
398
484
438

19,525
17,598
19, 240
18, 719

1,538
1,250
1,154
1,178

2,872
1,865
6,573
7,049

65
82
79
91

420, 420
185, 580
319, 850
386, 250

151, 335
76,680
84,059
92,725

62, 395
41,900
49, 750
58,375

25,765
28, 130
30,100
21,200

15, 600
6,650
4,200
9,150

May
June
July
August

36, 591
34,099
36, 813
55,154

1,816
1,607
1,615
1,520

17, 157
16, 646
20,022
29,924

507
439
416
414

15, 346
14, 810
12, 421
16, 361

1,215
1,054
1,124
1, 024

3,488
2,643
4,370
8,869

94
84
75
82

316, 475
305, 925
400, 050
198, 370

56, 475
65, 025
107,750
79, 870

27, 975
39, 075
55,300
43, 900

23,100
22,050
29, 350
31, 175

5,400
3,900
9,950
4,795

5.25

1,306
1,696
1,653
2,040

19, 468
15, 619
10, 252
15,753

360
411
361
475

10, 126
16, 122
15, 782
27, 141

833
1,186
1,193
1,464

4,702
4,357
5,090
2,385

63
99
99
101

313, 840
397, 760
268, 805
300, 750

60,815
95, 860
66, 805
70, 750

40, 250
62, 110
28, 415
52, 025

16, 150
24, 350
32,200
14, 350

4,515
9,400
6,100
4,375

5.55

3~)pir,ATnhfir

34,296
36, 099
31, 124
45,279

1935
January
February _
March
April . .

54,354
40, 123
34, 005
37, 189

2,317
1,793
1,859
1,939

11, 909
15, 334
13, 375
13, 097

480
409
429
430

24, 655
21, 067
17, 595
21, 536

1,757
1,285
1,345
1,427

17, 790
3,722
3,035
2,556

80
99
85
82

455, 080
201, 000
333, 350
404, 820

158, 580
79,300
87,950
94, 450

64, 415
43,100
51, 875
59,950

27, 170
29, 075
31, 250
25, 025

16, 825
7,125
4,825
9,475

37, 027
36, 701
34, 505

1,767
1,745
1,685

18, 184
16, 159
10, 932

400
431
418

15,820
17, 213
15,961

1,286.
1,229
1,184

3,023
3,329
7,612

81
85
83

328, 225
323, 100
437, 900

59, 725
68,600
115, 200

29, 600
40, 650
58, 915

24, 075
23,450
30, 510

6, 050
4,500
10, 900

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly
1918 monthly

av
av
av
av
av _
av.

1919
1920
1921
1922
1923
1924

av
av
av
av . .__
av... _
av

monthly
monthly
monthly
monthly
monthly
monthly

Thous. Numof dols. ber

Dols.
per
share

Thousands of dollars

1933
May

September
October
November

_..__

May
June
July
August

100, 276

265

52, 953

163

21, 543

80

28, 154

105

43, 926

144

42, 859

111

5.10

6.75

5.65

5.75

5.65

6.52

6.55

September
.
October _
November
December........
* Compiled by Dun's Review, for annual data in greater detail see April, 1924, issue of the SURVEY (No. 32) pp. 57-59. Monthly data on total commercial failures from
19132appeared in December, 1923, issue (No. 28), p. 63; monthly data on all classes from 1921 appeared in June, 1924, issue (No. 34), p. 55.
Data compiled by New York Journal of Commerce. "Total dividends" include bank dividends not separately shown for those months where such payments are reported. The total interest payments may be obtained by subtracting total dividends from total interest and dividend payments. Monthly data for total dividend and
interest payments covering the period 1913 to 1921 appeared in the September, 1922, issue (No. 13), of the SURVEY, p. 51 (figure for July, 1917, should be $333,011 instead of
$633,011); and for dividends, classified, covering the same period, in the October, 1922, issue (No. 14), p. 46.
3 Average dollar dividends paid on industrial stocks compiled by the Cleveland Trust Co. for the industrial stocks included in the Dow-Jones index of stock prices, comprising 12 stocks from 1900 through 1914 and 20 stocks from 1915 through 1924. The figures are unweighted averages of the amount of dividends paid per share for thesa
Stocks
4 in each quarter, reduced to an annual basis. Quarterly figures extending back to 1900 appeared in April, 1925, issue (No. 44), p. 29.
Yearly data are quarterly averages.



122

Table 94.—NEW SECURITY ISSUES AND AGRICULTURAL FINANCING
COBP0BATE SECURITIES

Total s
(Journal
of Commerce)

YEAR AND MONTH

Distribution «
( Commercial and Financial Chronicle)

Stocks

Bonds
and
notes

New
eapital

Refunding

MUNICIPAL
SECURITIES *

TAX
EX.
SECUR.3

Permanent
loans
(long
term)

Total
outstanding,
end of
mo.

Temporary
loans
(short
term)

$34,040 $40,268
37,200 24, 332
41,049 12,894
41,450 24, 367
37,078 32,704
21,902 39, 428

$137, 145
119,710
119, 613
182,208
127,498
112,068

Thousands of dollars

9,506

$172,301
120,306
164, 915
276, 925
373, 198
183,275

13,652
14,936
16, 268

1,056,519
1, 249, 920
663, 260
700,013
780, 895
596,227

$5,554

FedFederal
War
Joint
eral
InterFinance
Stoek
Farm
med.
Land
Corpora8
Loan
Credit 7 tion «
Banks * Banks Banks

$110, 498

$225, 825
151,828
194, 615
214,782
259,953

$21, 357
49,407
61, 460
44,037
42,569

63,528
64,742
115, 281
166, 629
94, 597
120,557

37,508
55,341
63, 503
32,965
42,846
81,590

111,410
197,325
297, 638
182,571

137, 107
179,284
309,915
168, 896

4,182
18,041
65, 126
13,675

57,657
101, 548
94,347
132,167

39,453
5,851
28, 859
90,674

600,830
704,000
811,849
955, 632

763,663
775,312
786, 402
799,597

376,317
382, 225
386, 796
392, 639

28,043
36, 551
39,682

89, 596
83,583
76, 395
70,152

65,937
58, 876
57,030
52,705

238,762
206, 712
209,083
223,001

276,906
228,303
254,584
249, 902

27,792
37,285
11, 529
25,804

84,257
103,682
103, 135
132, 957

60,377 ,__
60,791
82,337
78,733

878,705
661,049
808,924
628, §57

812,668
832,203
847,373
861,005

398, 672
400, 988
407,225
411,980

43,434
41,409
42, 895
47,865

68,218
66,924
67,099
66,453

181, 185
290,053
275, 834
272, 220

248,609
30, 884
39, 876 •
34,292

247,344
285, 191
239,302
160, 695

447, 252
252, 854
195, 118
194, 987

48,701
63,221
43, 184
92, 862

120,241
286, 507
112, 255
121, 174

80,778
52, 391
78,353
71,955

519, 897
455,022
572, 196
398,950

871, 189
881,273
890, 394
898, 179

416, 091
419,788
423, 147
426, 467

48,943
47,998
49,525
48,873

64,914
63,781
62,509
60,765 ,

279, 267
197,464
384,032
310,014

50, 192
78,257
56,480
&9, 185

262, 234
340, 190
186, 888
283,985

273,367
283, 641
235,256
227, 259

39,059
56, 549
8,112
56, 727

92, 561 129,037
96, 076 126,375
73,600 36,983
120, 244 130,971

16,160
16,268

478,680
543,490
574,096
734, 854

905, 536
912,568
919, 188
927,568

430, 066
435, 829
440, 046
446,429

52,279
60,809
64,300
62,267

68,069
60,672
45, 648
40,205

473, 272
383,645
324, 254
355,580

70,401
102,701
80,278
141,4=69

438, 197
400, 852
272,328
341, 106

413, 404
450, 171
282, 355
411,441

95,193
53, 382
70, 251
71,134

12-1, 127
80,026
109, 268
102, 132

53,375
57,620
90,658
96,837

16,409
16, 370
16, 470
16,551

777, 712
431,200
806, 402
886, 592

935,330
944,995
954, 265
9^2,662

454, 393
464,874
477,082
486,247

63, 258
61,034
59,095
59, 249

38,233
36,358
34,291
32,157

247,462
208,012
321, 115

77,521
106, 172

218,351
273, 097

260,925
311, 531

34,947
67, 737

185,038
120, 497

38,505
31,086

16, 728
16, 875

616, 117
1,003,270
1, 066, 860

968,713
975> 175

494, 165
501, 673

59,979
58, 398

30,877
29,222

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

251 764
258, 911
219, 572
285,329
300, 120
268, 262

1923
September
October. __
November .
December

205, 516
246, 446
374, 866
266,273

29,879
33,101
95,403
93,908

220, 883
254,913
287, 327
265,954

.

NEW
INCORPORATIONS «

Millions
of dolls.

Thousands of dollars
1913 monthly average
1914 monthly average
1915 monthly average _ _
1916 monthly average
1917 monthly average
1918 monthly average

AGRICULTURAL LOANS
OUTSTANDING

$89, 253 $157, 935
23,271 177, 963
6-1,909 203,899
61,413 206,291
71,860 239, 449

237, 478 $34,257
76,951
338,234
373,381
79, 124
$174,051
646, 519 143,410
103,646
732,365 » 431, 837
60,438
879,929 421,494 $50,883

1934

January
February
March.
April

.

May
June
July
„
August

_

September
October _ _
November. _
December . _
1925

January
February
March, _
April
May
June
July
August

September
October
November
December

_

___

1 Sales of securities, by States and municipalities, compiled by The Bond Buyer. The short-term loans are of a temporary character, usually replaced later by permanent loans.
2 Estimated gross amount of wholly tax-exempt securities outstanding compiled by U. S. Treasury department. The yearly figures represent data as of December 31
of each year, except for 1913 when the figures are for Dec. 31, 1912. In 1912, 1918, and 1922, the data "were based on census reports. Details as to amount held in sinking
funds and divisions by classes are shown in the monthly statements issued by the Treasury.
3 Data on new capital issues as compiled by the New York Journal of Commerce. Details by classes and individual issues are given in that publication.
* Distribution of capital issues as compiled by the Commercial and Financial Chronicle, the totals here given being slightly smaller than the grand totals compiled by
the Journal of Commerce, The columns " New capital" and " Refunding " include all types of financing to be used for the purpose designated. Distribution of bond issues
by classes, from 1920 through September, 1924, appeared in June, 1923, issue (No. 22), page 42, and in November, 1924, issue (No. 39), page 137. Further details are given
in the Commercial and Financial Chronicle.
5 New incorporations represent the value of the authorized capital of new enterprises, exclusive of those under $100,000, incorporated in the principal eastern States as
compiled
by the New York Journal of Commerce. Monthly averages from 1913 appeared in November, 1924, issue (No. 39), p. 187
6
These data, from the Federal Farm Loan Board, represent loans made for agricultural development secured by mortgages on land and buildings, the Federal farm
loan banks being established by the Government in 12 districts, while the joint-stock land banks, of which 70 are now in existence, are private organizations. The banks
were closed during the greater part of 1920, pending litigation in the Supreme Court involving the constitutionality of the Federal farm loan act, and in 1921 many loan
requests could not be granted because the cessation of bond selling had depleted the resources. Monthly figures on loans closed from 1920 appeared in June, 1923, issue
(No. 22), page 47.
? The Federal intermediate credit banks under the supervision of the Federal Farm Loan Board are located in the same cities as the 12 Federal laud banks, as follows:
Springfield, Mass.; Baltimore, Md.; Columbia, S. C.; Louisville, Ky.; New Orleans, La.; St. Louis, Mo.; St. Paul, Minn.; Omaha, Nebr.; Wichita, Kans.; Houst9n, Tex.;
Berkeley, Calif.; and Spokane, Wash. These banks lend money on staple agricultural products and make rediscounts for agricultural credit corporations and live-stock
loan8 companies.
Data from the War Finance Corporation comprise advances for "agricultural and livestock purposes" under the agricultural credits acts on August 24,1921, to banks,
livestock associations, and cooperative marketing associations. Figures on advancements and repayments from 1922 to September, 1924, appeared in November, 1924, issue
(No.9 39), page 189: since that date new advances have practically ceased.

Six months' average.


123

Table 95.--COEPORATION STOCKHOLDERS1
[Base year in boldfaced type]

YEAB AND MONTH

PENNSYLYANIA
HAILEGAD
CO.

U. S. STEEL COEP.
(common stock)

AMERICAN
TELEPHONE
AND TELEGRAPH CO.

PENNSYLVANIA
ItAILEQAD CO.

Stockholders

Stockholders

Stockholders

Stockholders

Domestic

Foreign

Domestic

Percentage of
shares
For- held
by
eign brokers

U. S. STEEL COBP.
(common stock)

AMERICAN
TELEPHONE
AND TELEGRAPH CO.

Stockholders

Stockholders

Per-

Domestie

centage

For-

eign

Do-

mestic

Foreign

Do-

mestic

Do-

mestic

Foreign

brokers
Number

Number
NUMERICAL DATA

RELATIVE NUMBERS

1,529
1,697
J
1, 980
939
1,191
1,484

51.48

1,475
1,300
1,341
1,380
1,431
1,557

40.65
30.35
22.45
24.36
22.76
22.97

115, 482
131, 643
163, 703
217, 599
265, 638
322, 693

1,239
1,267
2,013

1,337
1,8*0
1, 287
1,256

33.46
32.09
30.69
25.17

122,999

1,173
1,173
1,174
1,547

1,283
' 1, 334
1,368
1,379

24.27
22.61
21.49
21.44

153, 649
172, 770
183, 676

94,789
92,281

1,399
1,370
1,384
1,365

22.02
24.09
25.05
26.28

195, 608
201, 303
228, 592
246, 494

92, 711
91, 593
95, 462
98, 189

1,355
1,351
1, 481
1,536

26.24
23.34
20.83
20.62

255, 421
260, 446
269, 702
269, 923

2,524
2,603

97, 135
97, 577

J,542
1,549
1,558
1,577

22.39
20.45
22.82
26.21

296, 738
314, 227
338, 183
341, 625

2,760
2,875
3,508

1,490
1,525

26.81
25.45

345, 451
354, 279

3,740
3,994

1913 quarterly average
1914 quarterly average
1915 quarterly average
1916 quarterly average
1917 quarterly average
1918 quarterly average

1OO
108
112
117
128
141

100
105
105
61
20
16

100
111
8
129
61
78
97

100
91
89
107
101
84

100

100

115
2
101
95
107
155

107
117
127
148
180

113
122
114
96
110

73, 714
78, 682
81,603
85, 343
93, 331
102, 798

11,258
11,839
11,816
6,884
2,235

1919 quarterly average
1920 quarterly average
1821 quarterly average
1922 quarterly average
1923 quarterly average
1924 quarterly average

153
174
190
187
191
200

15
13
15
26
25
26

177
213
252
235
228
232

96
85
88
90
94
102

79
59
44
47
44
45

217
247
308
409
499
607

119
122
193
221
254
296

111, 316
126,424
138, 450
130, 181
138, 846
145, 644

1,727
1,500
1,743

2,869
2,847
2,926

1920
March
June
September
December __

167
172
176
181

14
14
13
13

198
207
216
228

87
86
84
82

65
62
60
49

231
247
252
259

113
113
113
149

121, 326
124, 943
127, 768
131, 659

1,595
1,525
1,472
1,409

82, 246
85, 909

1931
March
June
S-eoteniber
December

188
192
190
191

13
12
12
26

249
251
254
256

84
87
89
90

47
44
42
42

272
289
325
345

170
188
206
209

137, 007
139, 702
138, 243
138, 847

1,386
1,373
1,362

103,093

2,852

106,061

1923
March.
June
_
.
September
December

191
188
185
185

26
26
25
25

254
236
229
223

91
90
91
89

43
47
49
51

368
378
430
463

213
215
222
234

138, 895
136, 940
134, 279
134,609

2,915

105, 261
97, 989

187
189
191
194

25
25
25
26

224
221
230
237

89
88
97
100

51
45
40
40

480
490
507
520

242
250
261
262

136, 247
137, 156
138, 581
141, 348

2,814

196
197
197
196

27
26
26
26

234
235
229
229

101
101
102
103

43
40
44
51

558
591
636
642

265
276
307
337

142, 339
142, 965
143, 307
142,261

2,986
2,913

94,904
94,708

197
202

26
26

223
222

97
100

52
49

649
666

359
384

143, 224
146, 988

2,939
2,966

91,910

.

of

shares
held

by

Relative to 1913

100

Foreign

1,773

2,888
2,851

2,820

11, 436
47, 777
' 42, 020
39, 365
44, 531
64, 314
73, 510
88, OSS
104, 621
97, 580

94,489
96,081

89,665
94,520

103, 976
105, 355

46.73
45.87
55.08
51.88
43.22

53, 205
56, 932
62, 279
67, $04
78, 597
96, 035 •

131, 558
134, 112
137, 901

144,716

1,641
1,175
1,270
1,187
999
1,143

2,297
2,644
3,086

1,774
1,953
2,146
2,180

2,217

2,233
2,309
2,431

1923
March
June
September
December

2,843
2,852
2,880

2,719

2,729

1924
March
June
September
December

1925
March
June
September
December

2,901

2,903

92, 552

3,199

i These data showing the growth of stockholders in three prominent companies—a railroad, a public utility, and an industrial—have been furnished direct by the
respecti
>ective companies and represent the number of holders of common stock on their books at the end of each quarter, i. e., December figures are for December 3 lor
January 1.
* December 31 figures; other quarters of 1915 not available.




124

Table 96.—FOREIGN EXCHANGE1
[Relative numbers for base year in boldfaced type; numerical data on opposite page]
ASIA

EUROPE
England

YEAR AND MONTH

France

Italy

Bel- Nether- Sweden
gium lands

Switzerland

THE AMERICAS

Japan India 2

Canada

INDEX
NUMBERS

Argen- Brazil
tina

Chile

100

100

<100

100

98
100
103
104

72
73
77
78

Relative to par

100

100

101
97
99
109
119

98
99
102
103
107

95
76
84
98
99
99

98
88
90
99
94
94

103
101
97
96
97
83

83
80
54
59
64
65

96
89
90
99
98
99

103
94
76
85
81
81

82
69
40
40
31
34

115
95
62
63
63
64

88
65
62
69
65
60

98
98
98
98

100
99
99
99

97
97
96
95

98
97
97
98

65
65
65
64

99
99
98
98

88
87
87
86

35
35
34
33

66
61
65
63

68
67
67
67

30
28
25
24

97
98
98
98

99
99
99
99

93
93
91
94

99
98
98
98

64
64
63
63

98
98
97
98

85
83
81
77

32
32
32
30

66
69
65
63

66
66
63
62

23
23
23
23

25
26
25
24

98
97
95
95

99
99
98
98

93
93
91
90

98
98
97
94

63
64
63
64

98
99
98
98

78
76
74
75

30
29
27
29

63
60
57
65

63
63
61
60

24
23
24
32

23
23
22
23

22
20
20
27

93
93
92
93

98
98
98
98

90
90
90
91

90
91
86
82

63
62
65
63

97
97
97
98

76
79
79
78

34
37
35
35

53
62
50
54

59
58
58
63

90
89
90
92

30
27
26
28

23
23
22
23

25
24
24
26

93
93
94
97

99
99
99
99

92
92
94
97

81
82
83
83

63
63
68
68

98
98
99
100

77
77
77
79

34
33
31
31

56
54
52
51

62
60
59
61

92
92
95
97

27
27
27
28

23
23
22
22

25
25
25
26

96
97
100
100

99
99
100
101

98
69
100
101

83
78
77
77

68
69
71
72

100
100
100
100

83
87
89
92

31
35
35
35

53
67
58
58

61
61
61
62

98
98
98
99

28
27
27
27

22
21
21
21

26
26
26
26

100
100
99
100

101
101
101
100

100
100
100
100

77
78
82
84

73
73
73
73

100
100
100
100

94
94
93
90

36
35
34
33

68
55
57
57

64
64
63
63

100
100
100

27
25
24

21
20
19

26
24
24

100
100
100

100
100
100

101
101
101

84
82
82

74
75
75

100
100
100

93
95
95

32
34
35

58
58
60

63

100

Par value...
1914 average
1915 average _
1916 average.
1917 average
1918 average

100

100

100

106
98
98
98
98

103
94
88
90
92

101
87
80
71
69

1919 average
1920 average
1921 average
1922 average _
1923 average
1924 average

91
75
79
91
94
91

71
36
39
42
32
27

59
26
22
25
24
23

66
38
38
40
27
24

97
86
84
96
97
95

96
96
97
96

35
32
33
35

25
25
25
26

31
28
28
30

May
June
July
August

95
95
94
94

34
33
31
30

25
24
22
22

September
October
November
December..

93
93
90
90

30
31
29
27

88
89
88
89

.

100

100

100

100

1933

January
February
March
April-

_„

1924

January
February
March
April

__

May
June _ _
July
August

.

September .
October
November
December
1925

January
February
March
April.

__j

May
June
July

October

See footnotes on opposite page also.
Daily averages of noon rates for cable transfers reported to the Treasury daily by the New York Federal Reserve Bank. Average figures for the years 1914 to
1918, inclusive, where given, are weekly averages of commercial quotations from the Annalist. For figures on Germany, which have now been discontinued owing
to almost complete collapse of the mark, see August, 1923, issue (No. 24), p. 183. Monthly figures on all items back to 1920 may be found in the May, 1922, issue
(No. 9), p. 135.
a Parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents.
1




125

Table 97.—FOREIGN EXCHANGE1
[Base year in boldfaced type; relative numbers on opposite page]
EUROPE
Eng-

land

YEAR AND MONTH

France

Italy

Bel-

gium

ASIA
Nether- Sweden Switzerlands
land

Japan

THE AMERICAS

India >

Canada Argentina

Brazil

Chile

Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per
per Rate per Rate per
Rate per Rate
pound
gold
paper
franc
franc
lire
guilder
yen
krone
rupee
franc
milreis
dollar
sterling
peso
peso
$4.87

Par value
1914 average
1915 average.
1916 average
1917 average
1918 average

80. 193
.199
.182
.170
.174
.178

$0.193

5.14
4.78
4.76
4.76
4.76
4.43
3.66
3.85
4.43
4.57
4.42

.137
.070
.075
.082
.061
.052

.114
.050
.043
.048
.046
.044

.128
.074
.074
.077
.052
.046

.391
.344
.336
.385
.391
,382

4.65
4.69
4.70
4.66

.067
.061
.063
.070

.049
.048
.049
.050

.061
.064
.055
.058

4.63
4.61
4.58
4.66

.067
.063
.059
.057

.048
.046
.043
.043

September
October
November
December

4.54
4.52
4.38
4.36

.059
.060
.05.5
.053

1924
January
February. . .__
March
April

4.26
4.31
4.29
4.35

May _
June...
July
August

.

1919 average
1920 average
1921 average
1922 average
1923 average
1924 average

-

$0.268

$0.487

$0.965

$0. 324

.941
.964
.997
.999

.234
.236
.249
.253

.956
.893
.896
.985
.980
.987

.990
.907
.730
.818
.786
.781

.267
.225
.131
.129
.102
.109

.226
.185
.121
.122
.122
.105

.317
.318
.316
.314

.991
.987
.981
.980

.847
.842
.841
.832

.114
.114
.111
.106

.128
.126
.127
.123

.491
.491
.488
.489

.311
.310
.308
.305

.979
.977
.974
.977 •

.817
.805
.777
.745

.104
.104
.104
.098

.128
.134
.126
.122

.179
.179
.176
.175

.486
.488
.484
.470

.306
.311
.309
.310

.977
.986
.981
.976

.749
.737
.712
.723

.097
.095
.088
.093

.124
.118
.111
.107

.262
.262
.263
.264

.173
.174
.173
.176

.449
.454
.429
.409

.805
.303
.299
.304

.974
.969
.970
.981

.737
.765
.766
.748

.109
.120
.115
.112

.104
.101
.098
.105

.374
.374
.379
.388

.265
.265
.266
.266

.177
.177
.182
.188

.402
.411
.414
.413

.306
.305
.313
.323

.983
.984
.993
.999

.746
.739
.741
.767

.110
.108
,099
.099

.110
.106
.101
.100

.385
.391
.401
.404

.266
.266
.268
.270

.189
.192
.193
.194

.412
.388
.385
.384

.329
.337
.344
.353

.999
1.000
1.000
.997

.800
.836
.855
.883

.101
.112
.155
.115

.104
.111
.113
.113

.404
.402
.399
.400

.270
.270
.270
.269

,193
.193
.193
.193

.385
.391
.410
.418

.357
.357
.357
.356

.997
.999
.999
.999

.911
.903
.897
.869

.117
.113
.110
.106

.114
.108
.111
.112

.402
.401
.401

.268
.268
.269

.194
.194
.194

.419
.408
.411

.362
.365
.366

1.000
1.000
1,000

.902
.913
.918

.103
.109
.114

.114
.113
.117

$0. 193
.194
.187
.191
.211
.229

$0.499

.255
.205
.225
.262
.266
.265

.190
.169
.174
.191
.181
.182

.512
.504
.482
.478
.486
.412

.403
.389
.262
.287
.311
.318

.396
.395
.395
.392

.269
.266
.266
.266

.188
.188
.186
.182

.487
.484
.485
.487

.057
.054
.049
.046

.391
.392
.392
.393

.266
.266
.265
.266

.180
.179
.176
.181

.044
.045
.044
.043

.049
.051
.047
.046

.393
.391
.380
.380

.365
.264
.263
.263

.047
.044
.047
.062

.043
.044
.043
.044

.042
.038
.039
.052

.374
.374
.371
.372

4.36
4.32
4.37
4.50

.058
.053
.051
.055

.044
.043
.043
.044

.049
.046
.046
.050

4.46
4.49
4.61
4.70

.053
.052
.053
.054

.044
.044
.043
.043

.049
.048
.048
.050

4.78
4.77
4.78
4.80

.054
.053
.052
.052

.042
.041
.041
.041

.051
.051
.051
.051

4.85
4.86
4.86

.052
.048
.047

.041
.038
.037

.050
.047

$0. 193

$0. 402

.195
.169
.155
.137
.134

$1. 000

.491
.495
.507
.513
.533

* $0. 195

1933

January
February
March
April
May
June
July
August

September
October
November
December

- ._

......___
._._

1935

January
February
March
April

._

M!a>y
June
July

October




S 046

%

126
Table 98.—IMPORTS BY GRAND DIVISIONS
FROM NORTH
AMERICA

sFROM EUROPE

YEAE AND MONTH

Germany

France

Total

Italy

United
Kingdom

Total

Canada

FROM SOUTH
AMERICA
Total

FROM ASIA
AND OCEANIA

FROM
AFRICA
GRAND
TOTAL

Argentina

Total

Japan

Total

Thousands of dollars
$11,578
8, €85
6,493
9,674
8,220
4,959

1913 monthly average. - $72,056
1914 monthly average. _
€5,293
1915 monthly average. _ 45,529
1916 monthly average
52,776
45,929
1917 monthly average _ _
1918 monthly average. . 26,510
1919
1920
1021
1922
1923
1924

;

10,318
13,805
11,824
11,901
12,468 ;
12,303

62,544
monthly average _ _
monthly average. _, 102,320
63,745
monthly average.monthly average. _
82,600
96,421
monthly average—
91,363
monthly average..

$15,351
12,449
3,746
485
13
26

$4, 610
4,601
4,297
5,020
3,040
2,028

$22, 663
23,949
21, 525
25,457
23, 340
12, 385

$32, 485
36,783
4Z 455
54,870
72,665
81, 218

$11, 844
13,669
14, 800
19, 771
34, 473
37, 641

$16, 522
19,127
26,857
35, 634
49,902
50,911

$2, 131
4,690
7,890
9,691
14, 855
19, 032

$26.344
26, 265
30, 489
50,865
71, 455
86,837

$8, 245
8,808
9,026
15, 174
21, 139
-25, 162

$1, 978
1,638
2,887
5,158
6,089 .
7,126

884
7,403
6,690
9,791
13, 433
11, 605

4,922
6,280
5,191
6,328
7,689
6,250

25, 766
42. 821
19,900
29, 739
33, 673
30, 540

6,481
138, 555
62, 904
68,538
83, 460
82, 923

41, 225
50, 989
27,953
30, 337
34, 687
33, 257

57,294
63, 417
24, 635
29,897
38, 952
38,873

16, 597
17, 315
4,994
7,140
9,608
6,275

39, 698
123, 058
54,447
72, 955
89, 918
81, 692

34, 154
34, 548
20, 939
29, 525
28,912
28, 338

9,349
12, 524
3,365
6,410
7,255
6,029

$149, 383
149, 106
148, 216
199, 303
.246,039
252,601

325, 364
439, 873
209, 096
259, 398
316,006
300, 880

1933
103, 575
89, 748
120,74©
105, 877

14, 275
10, 277
15, 131
13,730

13, 789
10, 476
14,997
13,642

8,597
6,659
11,008
7,309

33, 579
35, 200
49,390
41,495

71.445
75, 301
115, 741
103, 346

30, 597
28,291
32, 705
36,249

41, 455
41, 654
53,438
46, 422

11, 676
10, 782
13, 511
15,052

95,050
87, 279
97, 210
100, 313

Si, 041
24,850
32, 788
26, 489

17,729
9,340
10,801
8,294

329, 254
303, 407
397,92^
364,253

June
July
August

102, 217
89, 665
83,171
84, 505

12,300
10, 683
9, 818
11,030

12, 762
12, 092
13, 166
13, 777

5,769
6,999
6,729
5,646

44,039
31,914
28, 152
24,721

104, 820
KG, 609
77. 486
6<),396

35, 638
35,331
36,038
35, 794

49,401
36,443
32, 105
29,157

16, 875
12, 579
10,670
6,017

107,092
99, 012
90,582
83,438

33, 113
24,111
30, 179
31, 948

9,015
6,505
4,089
3,944

372,545
320, 234
287, 434
275,438

September
October
November
December.

85, 374
105; 673
93,338
93,210

10, 542
15,917
12, 756
13, 184

13,742
15, 727
13, 350
13, 673

5,822
9,248
10, 704
8,778

2,", 132
32, 823
27, 634
28,995 J

66, 575
81',, 904
73. 427
67, 846

33, 116
37, 850
38, 452
35, 936

27,830
36, 980
34,923
37, 150

3,993
5,289
3,670
4,256

71, 013
75, 890
84,580
82,506

26,365
24, 430
28, 783
32, 844

2,854
2,843
5,065
7,593

253, 645
308,291
291,333
288,305

January
February
March
April .

87,989
98,735
85, 205
83,868

10,787
13, 513
13, 250
12,708

11, 246
12,706
9,483
9,525

5,992
5,579
6,402
7,198

30,835
34,503 ;
28,460 i
28,893

75,167
98, 736
ir-5,863
94, 3t53

31, 954
32, 819
35, 750
33,174

37,967
36, 391
44,940
34, 525

82,679
92, 438
66, 595
104, 502

34,812
26,128
16, 113
24,728

11, 686
7,389
9,880
7,033

295, 508
332, 323
320, 482
324, 291

May

84, 247
80, 175
82, 040
79, 923

11, 275
9, 393
10, 720
11, 060

9,831
10, 511
12, 502
11,886

6,004
4,832
5,049
4,108

26, 129 1
24, 482 J
23,050
25,877 f

92, 699
80, 025
81, 137
70, 051

33, 355
33,037
32, 115
30, 279

39,302
38,368
41, 368
34, 433

7,511
7,108
6,494
4,277

83,537
70, 599
69, 325
67,374

27, 184
21,825
26, 755
29, 613

3,203
4,834
2,947
2,848

302,988
274, 001
278, 594
254, 542

98, 939
106, 559
97, 949
110, 721

12,630
14, 119
13, 596
14,436

13, 157
13, 753
11, 894
12, 7U3

6,745
9,026
7, 986
9,084

32,700
36, .525 f
35,099 :
39.349 ;

73,935
75,109
71, 362
69.. 135

31,297
33,774
35, 144
3, 6489

30, 633
42,103
41, 925
44, 524

5, 455
4,745
4,582
6,294

81,554
82,899
80, 959
98, 017

35,588
29,308
28,347
39, 626

3,064
4,128
4, 156
11, 165

287, 144
310,752
296, 148
333, 174

102, 806
100, 968
112, 097
98,006

13, 924
14,880
14, 153
11,816

11, 402
12, 077
13, 080
11,506

8,463
8,262
9, 512
9,986

35, 178
33,893
40,151
31,377

i
;
j
j

77,546
83, 219
91,297
93,352

32, 950
33, 651
34, 444
. 33,120

42,253
44, 053
. 58,451
48, 661

6,523
10, 212
8,584
11, 353

112, 828
91, 072
113, 397
100, 574

33,284
23, 181
28, 291
23, 891

10, 651
13,044
10, 245
10, 105

346, 184
333, 720
385, 488
348,698

92, 097
88, 702

10, 405
10, 016

9,514
11, 247

8,514
9,206

31,575 :
26,644 i

89, 132
85, 234

37,560
37,320

32,848
37, 022

3,823
5, 799

108, 585
107, 514

22, 567
24, 215

4,753
6,694

327,416
325, 167

January
February
March
April

.

May

1934

June
July
August
September
October
November
December

]

4,099
6,008
11, 359
7,444 .

1935
January...
February
March
April

.

May
June
July.
August

__

September..
October
November.
December

.
.
. . . . . . . . . . .
„.
„ ,
.. .
.
rges, and expenses incident to placing tti
in condition, packed ready for shipment to the United States." (Tariff act of 1913.) Beginning with June, 1921, the import values are either the actual foreign market
value, as defined above, or "the export value, including any export tax imposed by the country of exportation," whichever is higher. (Emergency tariff act of May 27, 1921.)




Table 99.—EXPORTS BY GRAND DIVISIOINfS
TO NORTH
AMERICA

TO EUROPE

YEAR AND MONTH

Total

France

•Germany

Italy

United
Kingclom

Total

Canada

TO SOUTH
AMERICA.

Total

•

TO ASIA AND
OCEANIA

TO
AFRICA
GRAND
TOTAL.

Argentina

Total

Japan

4,403 I
6,406 ;
8,925 ;
8,759

$17, 319
14,700
20,099
39, 211
45, 567
50,250

$5,208
3,479
3,811
9,096
15,528
22,815

Total

Thousands of dollars
1913 monthly average. _ $124, 964
1914 monthly average.. 111,608
1-915 monthly average.. 214, 451
1918 monthly average. _ 317, 773
1917 monthly average. _ 338, 538
1918 monthly average. _ 321, 558

$12, 827
14, 175
41, 733
71, 735
78,399
77,600

$29, 328
13, 191
981
188
(J)
(2)

$6, 555
8, 161
22,477
25,294
34, 920
41, 015

$49,228
49, 984
99,870 ,
157,282
167,450
171, 774

$50, 098
40, 132
46,567
77, 046
105, 081
110, 457

1919 monthly average. .
1920 monthly average _1921 monthly average. .
1922 monthly average _._
1923 monthly average. .
1924 monthly average.. -

432, 306
372, 174
190,992
173, 613
174, 451
203, 708

74, 447
56, 349
18,745
22, 247
22, 678
23, 472

7,730
25, 953
31, 027
26, 343
26, 403
36, 711

36,890
30, 980
17, 955
12, 575
13, 961
15, 587

189, 880
161, 319
78, 510
71,319
73, 527
81, 836

107, 983
160, 764
94,132
76,305
90,514
90,766

1923
January
February
March
April

189, 712
159, 431
164, 843
156, 247

23,286
13, 791
20, 471
22,303

26, 086
24, 441
25, 031
26, 290

15, 489
10,705
12, 851
14, 416

83,589
71,452
63,624
58,474 ,

May
June
July
August

133, 344
139, 920
127, 295
136, 763

20, 524
19, 710
16, 578
18, 537

22, 969
18, 983
24, 935
23, 260

9,914
13,083
9,148
8,929

September
October
November
December

201, 983
214, 067
218, 491
246, 337

25, 082
30, 510
31, 361
29, 979

31, 541
32, 802
28, 105
32, 395

1934
January
February _ _ _
March
April

202, 668
200, 746
169, 352
180, 279

23, 195
19, 946
21, 879
19, 915

May
June _
July
August

162, 178
141, 975
126, 071
156, 349

September
October
November
December

1935
January
February
March.
April
May_
June •_
July
August

.

_.

$33, 599
25, 885
28, 754
50,409
69,077
73,906

$12, 210
7,584
12, Oil
18, 356
25,991
25,226

$4,582
2,261

:

'
|
(
I
:

$2,411
2,110
3,095
4,501
4,282
4,933

$207, 002
176, 135
296, 223
456,887
519, 459
512,424

61,187
80,988
49,473
48,057 :
54,327
51,930

36,812
51, 993
22,777
18,840
22,443
26,255

12,992
17,811
9,236
7,962 .
9,398 '
•9,750 \

74, 775
86, 932
53, 782
45,910
54,827
55,925

30,530
31,495
19,620 !
18,200
22,019 20,860 '

8,160
13,806
6,071
4, 648
5,056
6,858

660, 035
685, 668
373, 753
319, 315
347,291
382, 512

78,293
74,664
91,028
91,699

48, 832
44,479
53, 826
53,777

21,326
20,936
22,943
22,878

9, 217
9,780
9,105
9,333

41, 606
46, 996
58,071
47,537

13,362
17,650
23,636
18,937 :

4, 479
4,931
4,493
7,131

335, 417
308, 957
341, 377
325, 492

48,400
55, 047
45, 006
53,001

103, 968
99, 485
95,371
99,050

66,084
62,459
58,856
60, 579

22,447
24, 705
23,604
24,420

10, 275
11,094 ,
9,604
11,783 •

46,762
50,560
50,358
45,911

19,890
16,992
18,220
13,139

4, 838
5,287
5,559
4,822

316, 359
319, 957
302, 186
310, 966

15, 751
19, 176
18, 231
19,839

90,002
89,221
101, 510
122,995

97, 974
89, 910
84,807
79, 918

60,227
51, 719
45,744
45,339

21, 543
21, 875
23, 412
19,230

8,474
8,593
9,215
6, 308

55, 162
68,663
70, 131
76, 165

22, 248
27,277
35,031
37,756

4, 767
4, 703
4,643
5,016

381, 434
399, 199
401, 484
426, 666

40,966.
49,088
36,057
32, 874

16, 858
15, 889
13, 127
15,226

84, 863
74,154
57,005
65,712

74, 557
77,390
86,170
84, 782

40, 752 •
45, 013
49,230
48,325

23,874
24,453
23, 217
25,206

8,959
8,728
8,295
8,903

87, 034
42,559
56,635
49, 288

47, 637
20,837
21, 629
13, 953

7,039
5, 451
4, 381
7,381

395, 172
365, 782
339, 755
346, 936

22, 073
21, 321
13, 179
20,600

28, 271
18, 027
12, 836
19, 281

11,213
12, 045
8,142
13,225

62,409
51, 795
56, 608
65, 725

88,471
84, 929
83, 337
94,513

48,063
48,274
45, 213
50, 348

24, 764
25,860
23,352
30, 536

8,841
8,987 :
8,778
12,399

54,038
48, 897
39, 024
43, 375

15,937
9,563
8,423
9,630

5,638
5,328
4,956
6,123

IgfeO88
fSf989
276, 649
330, 660

235, 720
280, 598
305, 551
273, 342

28,217
26, 787
36,765
27, 862

44, 381
49, 651
38,441
^50, 671

14, 589
21, 955
22, 863
23, 914

96,662
125, 418
125, 835
115, 884

112, 196
133, 387
93, 105
76,398

70, 459
86,265
53, 110
38,123

24, 352
32,820
26,994
29, 752

9,627
12, 764
10, 013
10, 702

49, 415
64, 195
63,159
58,362

15, 765
28, 927
31, 559
26,451

5, 952
6,232
4,787
7,026

427, 460
527, 172
493, 572
445, 743

269, 415
222, 262
251, 823
208, 080

29, 210
22, 855
25, 690
22, 017

49, 615
22, 668
43,785 . 23,061
51, 386
26, 063
32, 995
19,171

113, 136
85, 757
84,999
73, 148

77, 948
75, 125
100, 297
92,723

37, 063
39, 122
51,179
49, 315

31, 745
25,463
33,548
35, 899

12, 893
9,939
12, 212
12,242

60,885
57, 742
58, 961
56,667

27, 875
15,803
21,388
12,751

6, 584
5,330
8,805
7,679

446, 577
370, 740
453, 434
399, 048

175,785
144, 412

20, 531
15, 205

28, 727
22,434

62,990
57, 202

107, 471
96, 002

66, 817
59, 767

35, 690
31, 192

12,263
10, 936

44, 911
45, 110

8,133
9,722

7, 362
6,434

371, 420
323,150

14, 022
11, 765

:

:

September
October
November
December
1
Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent exports, including reexports, of merchandise only. Values
ere those at time of exportation in the ports of the United States whence exported, except reexports from bonded warehouses, which are expressed in their import value.
2 Total for year 1917 is $3,275. No figures for 1918.




128

Table 100.—IMPORTS AND EXPORTS BY CLASSES OF COMMODITIES
IMPORTS

YEAR AND
MONTH

Total

EXPORTS

FoodFinSenii- ished
stuffs, ManuCrude crude,
facMisan u- manu- cellamateri- and
tured infacfoodfacals
neous
tures
food
tures
animals stuffs

Total

Foodstuffs, ManuSemiCrude crude,
facumateri- and
tured man
faefoodals
food
tures
animals stuffs

Finished
manufactures

Mis-

cellaneous

Thousands of dollars
1913 monthly av_.
1914 monthly av__
1915 monthly av__
1916 monthly av_.
1917 monthly av_.
1918 monthly av_.

149,383
149, 106
148, 216
199, 303
246, 039
252, 601

50, 462
49, 790
57, 991
84, 132
105, 682
101, 760

18, 413
19,561
20,242
21, 678
32, 144
28,795

16, 518
21, 378
22, 770
28,226
29,287
33, 114

28, 355
23,006
21, 748
34,822
45, 124
54, 080

34, 401
33, 936
24, 335
28,798
32, 327
33, 742

1,234
1,459
1,130
1,648
1,476
1,117

204, 024
172, 675
291, 104
451, 887
513, 934
503, 990

64,017
40,938
47, 280
60,118
65, 061
79, 432

14, 121
22, 939
38, 470
35, 107
42, 406
45,620

27,023
25, 727
45, 880
54,003
67,228
117, 152

33,066
27, 949
39, 641
76, 022
109, 835
87, 773

65,120
53, 243
109, 584
218, 780
225, 066
172, 437

676
1,877
10, 238
7,857
4,337
1,577

1919 monthly av__
1920 monthly av_.
1921 monthly av._
1922 monthly av._
1923 monthly av._
1924 monthly av__

325, 364
439, 873
209, 096
259, 396
316, 006
300, 880

139, 521
146, 073
71, 090
96, 381
115, 737
103,097

45,441
48, 136
25, 331
27, 660
30, 234
35, 410

46, 308
103, 179
30, 737
32,290
44, 134
43, 501

50,860
66, 835
28, 669
45, 793
59, 976
64, 430

41,028
73,094
61, 577
65, 642
64,212
62, 596

2,210
2,633
1,681
1,590
1,734
1,847

645, 818
673, 402
364, 911
313, 776
340, 893
374, 813

134, 178
155, 902
81,997
81,800
100, 170
110, 524

66,530
76, 498
57,687
38, 212
21, 457
32, 678

163, 551
93,080
65, 805
48, 965
48, 608
47,837

76, 854
79,909
33,270
36, 484
46, 977
50,880

213, 625
267,032
135, 497
107, 720
123, 147
132, 349

1,079
980
654
592
535
646

1923
January _
February
March
April

329, 254
303, 407
397, 928
364, 253

139, 094
127, 467
144, 657
142, 710

28,613
28,597
38,298
32,866

31,269
38, 641
71, 024
60, 252

64,650
55,413
73,047
64,952

63, 935
52, 267
69, 830
62,400

1,693
1,027
1,072
1,073

330, 777
302, 010
333,490
318, 553

102,073
77, 207
79,914
71, 130

24,218
27,167
19,364
17,736

60,742
49,807
55,025
60,801

43,235
39, 382
45, 978
49, 917

109, 618
107, 760
132, 420
128, 493

891
687
789
476

May
June
July
August

372,545
320, 234
287, 434
275, 438

144,924
117, 999
107,047
94, .589

28,839
24, 657
23,783
21, 058

59, 893
53,328
37,590
33, 010

73, 074
62, 422
66, 169
58, 13a

65,320
61, 462
62, 492
66, 983

495
416
353
1,668

309,390
312, 178
295, 725
304,758

63,300
68, 278
60,531
65,448

25,997
21, 336
19, 510
23,897

49,132
41,529
37, 517
42,635

60,006
49,206
49, 337
45, 813

130, 653
131, 543
128,640
126, 779

302
287
190
186

September
October
November
December

253, 645
308, 291
291, 333
288,305

77, 410
92, 273
97, 814
103, 037

26,479
34,055
40, 134
35, 434

83, 321
48, 069
35,590
27,413

49, 277
57, 386
50, 825
64,207

62, 997
73, 773
64, 110
64,961

4,161
2,735
2,860
3,253

374, 191
392, 207
395, 667
421,011

131, 500
149, 803
160,346
182,515

27, 171
21, 747
14,461
14,874

46, 493
50,664
62,295
66,653

45,039
45,980
48,955
60,871

124, 233
123, 440
118, 668
115, 611

613
573
942
587

1924
January.
February
March...
April

295,506
332, 323
320, 482
324, 291

106, 434
116, 172
102, 169
110, 589

32, 584
30, 521
34, 464
35, 286

38,202
58,742
67,294
68, 629

58,044
66, 634
56, 174
54,529

57, 605
57,909
58, 870
64,069

2,637
2,345
1,511
1,189

389,057
358, 211
331, 655
335, 734

132,848
113, 711
85,609
80,719

13, 810
13,925
14,976
13,336

69, 315
62,325
49, 782
42, 693

64, 619
50, 342
50,060
60,986

127, 326
127, 215
130, 602
147, 546

639
693
626
454

May.
June
July
August

802, 988
274,000
278, 594
254,542

104, 164
88,682
89, 171
83,630

37, 484
34, 189
39, 145
31, 480

50,581
41, 774
40, 389
30,400

48, 652
48, 366
45, 270
47, 211

61, 677
60,575
62, 108
60,128

414
415
736
1,781

325,839
299, 160
270, 697
325, 065

77,047
62, 387
65, 972
62, 913

37, 452
10,638
15,014
34,035
12, 673 - 87,367
44,534
31,596

63, 103
50,461
46,340
47, 176

147, 348
136, 936
118, 126
138, 369

251
327
319
477

September
October
November
December _

287, 144
310, 752
296, 148
333, 174

96,325
100, 113
112, 843
131, 701

29,163
42, 443
38, 074
40,098

38,514
38,695
29,091
27,896

53,043
66, 654
52, 931
60, 923

66, 414
70, 574
-61, 463
70,759

4,667
2,319
1,948
2,185

419, 232
518, 357
486,483
438, 650

127, 998
162, 442
196, 385
168, 273

65,281
100,285
68,599
39, 516

49, 617
60,330
54,800
64,388

49, 565
53,354
50,872
53, 704

126, 333
141, 179
124, 939
122, 003

438
767
888
676

1935
January
February ......
March
April

346, 184
333, 720
385, 488
348, 698

147, 597
128, 603
142, 211
140, 540

38,066
36,778
50, 157
36, 591

32,336
39, 776
46, 848
48,426

63,104
63, 649
75, 943
69,824

62, 313
62,848
67, 913
62,305

2,268
2,066
2,415
1,012

440, 438
364, 835
445, 533
391, 594

168, 194
128, 697
121, 690
83,908

25,873
23,554
31, 102
36, 192

54,044
46,277
55, 597
39, 386

58,271
47, 777
64,543
60,704

133,059
117, 894
171, 553
170, 875

997
636
1,048
529

327, 416
325,167
326, 000

135, 737
129, 664

34, 168
35,738

39,896
37,688

66,206
69,072

60, 892
62,434

617
671

362, 757
315,397

65,640
62, 217

33, 626
21,879

41, 161
43,017

58,938
54,348

163, 057
143, 670

335
266

May
June
Tnlv

. . ....

-

»Data from 17. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. For changes in valuations, see footnote on preceding page.




129
Table 101.—CANADIAN INDUSTRY
PIG STEEL
INIRON GOTS
YEAR AND MONTH

Production

Production *
Thous. of long
tons

BUILDINGS 3

NEWSPRINT PAPER a

COAL

Thous. of
short tons

Shipments

Stocks

Exports

EMPLOYMENT «

EmployContracts Trade Workers
Jobs
ment
awarded unions registered registered index
Thous. of Per cent
dollars employed

Short tons

Rel. to
Jan., 1920

Number
|

1913 monthly average. .1914 monthly average. ..
1915 monthly average. ..
1916 monthly average. .1917 monthly average. -.
1918 monthly average. ..

84
58
68
87
87
89

87
62
76
106
130
140

1919 monthly average...
1920 monthly average. .1921 monthly average— 1922 monthly average. ..
1923 monthly average...
1924 monthly average, —

68
81
50
32
73
49

77
92
66
41
74
54

102
99
82
93

1, 251
1,136
1,106
1,207
1,171
1,248

$32,013
20,163
6,993
8,276
7,070
8,320

092.1
798.1
798.1
7
98.5

61,527

62, 386

13,352

12,233
24,382
30,384
38, 601
45,026
60,425

1,160
1,412
1,255
1,263
1,416
1,104

67,284
72,931
67, 339
90, 028
105, 519
112, 750

67,922
72,563
66,930
00,499

112,063

12, 597
10, 687
17,045
10,800
44, 948
19, 789

65, 203
59, 469
62, 969
79,960
94,830
108, 271

15,836
21, 300
20,011
27, 654
26, 188
23, 022

96.6
95.4
87.5
93.0
95.1
93.0

41, 533
44, 240
45, 690
49, 098
43, 281

40, 165
35,002
39, 157
45,082
34, 339

« 100.0
87.0
88.6
94.8
91.9

104
96
74
105

1,263
1,318
996
1,595

111, 486
108, 514
104,932
113,584

110,196
108,591
103,545
112, 818

13, 610
13,853
14,927
15,631

98,901
92, 852
92,959
104,568

40,697
60,674
30,842
27,488

95.5
96.6
97.1
97.8

49, 167
42,880
43, 859
73,033

47,297
41,067
42, 244
74,440

97.3
99.5
100.2
100.0

75
74
62
60

66
67
55
41

1,240
1,536
1,515
1,286

102,486
114,475
110, 839
95,726

99, 118
112,996
110,786
100, 624

18,670
20,123
20, 047
15, 123

90,930
100,722
103, 195
94,824

23,382
30,078
15,632
21, 507

98.0
95.2
93.8
93.8

67,097
68,322
44,359
35, 559

77,086
63,590
32,876
23,833

99.5
98.8
95.7
88.7

64
60
78
84

41
71
94
104

1,490
1,212
1,537
$89

110, 529
112,318
113, 192
116,283

108,620
110, 555
111,916
114, 647

16, 493
18, 195
19,388
"20,978

93,708
99,621
127, 583
80,872

6,538
21,249
11,584
30,199

92. 5
S2.2
^3.3
94.9

44,613
49, 915
34,897
39,401

33,571
41, 016
26, 104
35,670

90.6
90.7
89.3
91.8

85
S7
45
23

108
€9
52
23

708
716
669
683

118, 500
108,321
114, 133
114,417

118,306
113,-866
110,^85
112, 802

20,746
15,272
18,840
20,380

107, 784
95, 717
105, 133
94,486

32,967
26, 185
23,818
26, 664

92.6
95. &
94.6
93.5

43, 445
35,730
86, 105
44, 557

33, 219
27,907
26,589
35,302

95.2
95.9
94.7
93.1

23
29
23
23

18
20
23
26

903
1,297
1,§46
1,506

108, 100
113, 156
111, 703
112, 342

106,882
112, 324
112, 636
111, 718

21,M7
22,304
21, 371
21, 954

101,843
9§,«12
96,981
115, 844

22,506
21,067
24,614
28,868

94.1
93.2
90.3
88.4

62, 465
50,982
40,078
37, 187

66,709
40,310
23,438
23,233

93.9
«03.0
90.8
83.9

28
30
64
60

27
37
108
88

1,402
1,156
786
555

121,420
115, 624
126, 267
128, 911

122,049
116, 595
124,426
124,903

20,989
20,114
21,892
25,832

104,654
103,857
144,411
93,882

8,935
11,048
13, 393
24,887

89.8
90.5
91.5
91.3

42, 059
31, 537
38, 028
33, 544

26,807
20,240
24, 510
35,563

86.1
87.0
87.2
90.8

63
46

100
63

664

130,013
124, 209

128,386
127, 141

26, 848
23,965

116, 766
114, 652

34, 052
33, 229
22, 179

39, 953

30, 650

104,543

1933

May
June
July
August.. „

.

September
October
...
November _
December . . .

1924
• January
February ... .
March.
__
April
....

May
JUB©

July
August..

......

Segbtember.
. ..
October
November
...
December. * . ^

19&5
January
April

-

'

94.5

&

h
1
Production
* and lignite, and i

Department^)!Frad£3^o^^^
.
„.
T1
/VT
3 Building contracts furnished-by McLean Building Reports (Ltd.); monthly data from 1920 appeared m July, 1922, issue (No. 11), p. 46.
< Percentage of trade-union membership employed and applications and job vacancies reported to Canadian employment service, latter being prorated from weekly
reports from Dominion Department of Labor, Employment Service of Canada; employment index number taken as of the first day of the month following that indicated,
showing conditions reported by an average of about 5,800 firms employing about 775,000 workers in 1923, in manufacturing construction, mining, logging, and services from.
Department of Trade and Commerce, Dominion Bureau of Statistics. Trade-union employment figures from 1915 through 1918 are averages of quarterly data.
* January, 1920.
«December only.
* Average of four quarters, March, June, September, and December.

54240°—25t




9

130

Table 102.—CANADIAN FINANCE AND f $ADE
EU$iNi:S$
FAILURES a
BANK
€LEAliiNGSi Firms Liabilities

YEAR AND MONTH

Millions Numof dols.
ber

BOND ISSUES s
Government
and
provincial

12, 942
12, 076
11,442
16, 081
16, 492
14, 573
12, 684

1, 919, 413
1, 838, 608
1,471,776
2, 349, 614
2, 598, 892
2, 585, 756
2, 245, 883

16, 224, 251
5,342,357
4,342,664
6,915,408
7, 323, 404
4,688,726
2,650,772

9, 749 :
13, 395
27, 125
25, 107
25, 748

4,466
3,.846
5," 121
7,052
7,290 . 6, 729
7,227
10, 880
15,284
7,270

88, 7.1.1
103, 347
62, 317
66, 882
74, 428
66, 413

107, 222
100, 869 •
62, 827
78,858
88,230
90, 113

5,127
2,563
3,635
2,683
4,506
6,477

10, 533
11, 135
11, 104
9,546
9,732
10, 580

2, 605, 416
2, 199, 492
2, 202, 005
2, 602, 303
2, 862, 085
2, 425, 490

419,703
3, 034, 176
3, 895, 609
4,138,222
5, 829, 025
5, 130, 336

2,790
4,979
2,906
3,085

9,200
25, 965
None.
None.

6, 212
4,672
3, 477
1,091

15, 975
10, 580
4,350
900

84,265
84,633
77, 074
78, 826

76,1)49
96,238
84,478
81,330

8,655
2,373
1,362
1, 378

2,676
6,479
13,297
20,666

1, 230, 384
2, 247, 796
2, 048, 141
1,933,690

6
928, 190
4,164,832
4, 223, 247
5, 854, 992

213
231
226
174

2,889
3,521
8,077
2,084

50,000
40,150
9,000
140, 892

8, 718
2,048
1,737
1,775

4,050
17, 300
7, 583
21,410

71,351
75, 641
72, 084
65,656

68, 818
101, 300
139, 005
124, 916

3,545
8,340
8,396
5,334

22,335
22, 164
15, 808
8,036

3, 269, 351
4, 487, 120
4, 835, 545
4, 218, 754

6,929,605
14, 407, 111
12, 524, 881
8, 235, 775

7, 675
6,149
4, 769
2, 710

8,300
2,000
8,500
14, 000

21, 545
5,435
2,218
9,259

50, 510
13,050
5,221
1,200

66, 568
62, 134
86, 954
60,173

70, 355
68, 332
93, 615
49, 518

5,228
4,549
7,927
1,671

2,278
1,505
924
510

2,473,895
2, 481, 524
2,665,992
2,267,328

1,771,445
1, 472, 878
5,323,691
3,485,058

82
199
271
243
191

1,845
4,221
4,771
4,285
3,523

1923
May
June . _ .
.
July _
August

1,470
1,309
1, 281
1,258

245
232
218
207

September
October
November,
December...,

1,170
2,185
1,851
1,518

a, 339

_

1934
January _
February _
March
April

,

Dollars

.1, 757
5,092
2,888
4,095
4,026
8,648
3,976

1, 632
1,401
1,304
1,392
1,367

_ _

Thous. of
tons

$31,422
37, 953
39, 287
64, 858
98,268
132, 181
105, 730

$4, 422
7,118
17, 901
17, 385
56,198
58,000
:64, 429

monthly av__
monthly av
monthly av
monthlv av • _
monthly av
monthly av

Thousands of
pounds

Net
operating
revenue

$55, 934
51,600
37, 998
42,350
70, 538
80,294
76, 643

$1, 388
2,562
2,698
1, 312
1,138
1,035
843

1920
1921
1922
1923
1924
1925

Imports Exports Canned
salmon Cheese

Freight
carried
Imile

$6, 171
3,644
1,888
3,540
2,708
628
5, 121

152
241
219
148
93
68
62

_

Exports of key
commodities
(quantities)

Total
(value)

Thousands of
dollars

Thousands of dollars

$7.75
659
637
359
1,021
1,115
J,351

1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly av
1918 monthly av__
1919 monthly av _ _ _

Munic- Corporation
ipal
bonds

RAILROAD
OPERATIONS '

FOREIGN TBADE<

$9, 647
7,032
5,542
4, 158
2,365
4,917
2,5$3

.

1,215

283
248
212
,177

,
_> _ _ _

,

1,380
1,210
1,404
1,202

194
149
138
128

3,356
1, 170
1,935
1, 145

3,925
19, 750
42, 036
21,000

5,295
7,476
6,598
4,306

4,850
4,125
24,860
2,575

72,058
66,396
72,631
61, 970

105, 311
88,328
88,221
74, 822

2,585
2,855
2,079
4,947

1,867
3,214
19,929
18, 616

1,274,052
2,493,968
2,053,808
1, 599, 078

6
433,895
2, 353, 797
3, 640, 230
4,745,483

September
October
November
December.. .

1,314
1,715
1,593
i, 65,2

153
186
203
2.16

2, 802
2, 460
2,537
4,759

178, 902
1,000
3,720
5,839

6,880
1,271
14, 571
2,388

28,265
3,325
10, 170
35,261

63,901
68,183
66, 250
60,946

82, 456
104, 316
119, 876
125, 462

10,415
12, 497
10, 778
8,154

20, 395
25, 793
17, 050
9,385

2, 366, 450
3, 625, 576
3, 778, 733
2, 771, 968

7, 512, 500
12, 743, 845
10, 601, 800
7, 771, 146

1,364
1,069
1,151
1,229

284
185
199
145

5,058
2,602
3,392
2,049

4,000
39, 406
None.
29, 240

5,484
2,601
4,588
4,080

35, 460
36, 175
14, 560
7,045

58, 376
61, 430
84,638
59, 105

75, 999
71, 164
95, 888
60, 709

10, 525
4,777
6,446
1,411

3,581
3,798
2,826
954

2, 332, 806
2, 138, 117
2, 404, 001
2, 076, 103

1, 523, 954
2, 334, 827
4, 417, 492
3,120,268

1,290
1,186
1,273

163
157

6, 108
2,204

3,500
11,296

7,544
6,468

5,885
12, 892

75, 895
75, 592

97, 475
94, 319

2,019
999

3,372
8,721

1, 863, 804

1, 804, 968

May
June
Julv _
August

1,236

•1,142

_ _
.

1925

January
February
March
April
May
June
July__
August

September
October
November
December

,.„

,
_
,

.
,
,
,

„.„
.

,,.__«.,_,.

1
Bank clearings, covering 16 cities,. from Bradstoeet'8.
2
Business failures from Brqdstteet's.
3
Issues
of Qa.na.dian bonds from The Financial Post.
4

Foreign trade statistics from J)eq>w£me®£ ftf Tmde &n$
JPwrtau p/ ftfottetfa. Yearly figures represent monthly averages for the Canadian fiscal
year6 ending Marqh 31 csf ttoe year indicate^; he,nee the 19,2£ averages.
Annual figures, from Department of Trade and Commerce, cover all railroads in Canada, average for the fiscal year ending March 31 of the year indicated; monthly
reports cover all railroads with annual operating revenues of $500,000 or over, which includes 98 per cent of the total revenues of all roads. Monthly data from 1920 appeared
in July, 1922, issue (No. 11), p. 45.
« Deficit.




Table 103,—INDEXES OF COTTON
WHOLESALE PRICES

STOCKS ENT> OF MONTH

MACHINERY
ACWorld visible TIVITY

Domestic

Exports
ReCon(inceipts Im- clud- sumpinto ports
ing
tion
YEAB AND MONTH sight
Ha-

Cotton Cotton goods
yarns

Cotton

Price

Midto
dling
Amer- Active proTotal
Wareupspinican
Mills houses cotton
land,
cotton dles ducer,
all N.
Y.
grades

ters)

Total

Carded,
white,
northern,
muie
spun,
22/1
cones,
Boston

FALL RIVER
MILL
DIVIDENDS
(quarterly)

SheetPrint ings,
4/4 '
cloths, ware
Ratio
6*x ea, shoals,
to
capiTotal
38H", L L
taliza5.35
tion
yds. to 436'%
yds.
Ib.
to Sb.,
N. Y.

Relative to 1913
100
89
114
137
122
117

100
128
194
169
144
179

100

100
105
144
112
89
91

100
101
102
106
109
110

100

103
135
106
89
91

85
162
117
188
246

100
95
79
113
184
249

100
88
81
120
181
268

105
107
97
106
109
80

203
193
277
189
137
137

115
129
145
113
79
84

116
131
148
104
69
77

111
111
108
108
113
102

252
250
106
163
228
224

254
265
119
166
230
224

241
284
133
161
196
192

177
156
143
125

146
149
150
138

202
162
138
114

113
104
96
81

109
28
75
69

115
116
116
116

216
231
237
224

215
226
240
226

133
116
99
106

104
83
66
64

120
99
81
60

92
71
55
68

68
56
46
44

46
28
30

116
114
112
110

213
218
196
201

95
107
106
116

104
117
114
100

95
149
169
167

57
81
106
120

124
202
218
204

56
86
97
105

52
90
104
110

111
112
112
111

235
239
245
199

75
66
46
44

124
109
104
103

149
132
114
92

120
116
111
98

172
145
116
88

102
104
94
80

98
90
76
59

34
18
21
33

79
67
32
20

45
32
29
38

89
75
75
77

74
59
45
44

85
70
53
41

65
51
39
47

71
61
50
43

September
October
No v6 mber
December

153
233
230
206

48
89
86
240

101
130
180
148

94
114
106
114

84
161
193
193

38
54
77
97

120
245
285
268

1935
January
February
March
April

115
72
67
41

270
295
167
110

148
112
101
65

127
118
125
128

172
150
126
103

105
114
121
111

26
11

70
98

46
30

114
106

80
61

99
83

100
191 3 monthly a v
86
1914 monthly av
104
1915 monthly Q,V
99
1016 monthly av-___
80
1917 monthly av
77
191-8 monthly av._...

2100

2100

100

100

2101

166
158
114
92

2105
96
81
55
47

98
108
119
122
111

111
159
155
134
152

87
78
86
82
78
92

144
246
114
153
154
132

75
71
74
70
61
78

106
105
97
109
117
99

160
155
198
153
125
112

January
February
March

72
34
38
26

518
327
262
184

65
49
44
36

131
122
134
124

Tvlay
June
July

31
23
24
45

lie

22 .
30 .
24
34

124
197
177
142

33
37
82
173

1924
January
February
M arc h
April

75
35
31
34

M!ay
June
July

1^19 monthly av
1820 monthly av
1921 monthly av
1922 monthly av
1923 monthly av... _
1924 monthly av

:

100
91
84
118
193
317

100
59
55
114
203
291

100
60
54
95
183
252

195
173

274
344
143
168
172
185

235
486
150
147
170
136

201
411
112
110
113
88

192
197
203
200

202
209
213
204

197
206
208
210

136

93

216
222
202
199

190
185
177
175

189
185
167
168

202
194
190
181

143

95

227
240
258
2268

223
235
274
280

191
200
218
228

188
188
203
212

181
204
208
217

131

87

270

179

109
107
106
104

271
262
231
239

271
250
223
234

223
211
195
192

199
183
169
171

220
204
196
180

126

83

50
40
30
27

100
96
94
95

234
232
228
232

247
235
248
229

192
191
190
189

168
171
171
175

177
176
175
189

143

93

60
97
118
133

55
109
140
155

99
102
104
107

185
193
188
200

191
192
190
18d

175
181
180
180

164
165
170
171

179
168
173
176

161

104

113

73

224
178
130
97

133
129
115
104

153
140
115
95

109
109
109
109

189
192
204
198

188
193
200
191

177
174
174
170

174
180
182
179

176
174
179
173

124

79

66
44

51
68

124
61

108
106

192
192

183
189
194

161
163
168

175
175
180

170
158
156

76

49

65

42

100

1923

A-U£USt

September
October
November
JJtecein ber

May.
June
July
August

________

66
31
17

September
October
November
December
• 8i For numerical data and complete explanation of sources, etc., see Tables 8, 9, and 11*

These figures are for fiscal years ending June 30 of year given.



36:

132

Table 104.—INDEXES OF WOOL AND SILK1
RAW WOOL

WOOL MACHINERY ACTIVITY

Imports

Yff&B AND

MONTH

Total

Domestic

Spinning
spindles

Looms

Receipts at Boston

Foreign

Wide

Narrow

WHOLESALE PRICES

Carpet
and
rug

Sets
of Combs
cards
Woolen

Worsted

RAW SILK

Wool
(Boston)

Worsted
yarn

Women's
dress
goods

Suit- Wholesale
ings
price

1/4
blood
combTerriing
tory grease,
fine
staple, Ohio
and
scour- Penned
sylvania
fleeces

2/32's
crossbred
stock,
Boston

Storm
serge,
all
wool,
double
warp,
50",
N.Y.

Wool- Japadyed, nese,
blue,
55/56", Kansai,
Middlesex, No.l,
N.Y. N.Y.

Imports

Relative to 1913

1913 mo. av._ 100
1914 mo. av._ 149
1915 mo. av. . 191
1916 mo. av_. 196
1917 mo. av_- 225
1918 mo. av. . 224

100
118
112
127
130
113

100

100

100

10O

100

101
102
117
117
112

•96
109
116
121
116

107
125
153
279
2323

104
144
164
264
2
304

100
82
101
135
201
272

100
89
99
135
193
260

100
94
101
128
204
262

100

106
100
126
122
115

10O
105
100
122
115
11(1

100

99
98
114
116
113

100
98
107
115
120
116

10O

171
272
296
277
299

100
96
105
118
108
89

100

228
391
371
468
506

102
91
134
151
172

100
90
109
120
127
142

1919 mo. av._
1920 mo. av. 1921 mo. av._
1922 mo. av. .
1923 mo. av. .
1924 mo. av__

213
122
152
193
185
139

132
65
89
118
90
124

419
266
315
383
429
176

294
171
211
248
260
176

95
86
92
91
110
91

99
96
88
90
105
85

83
98
76
113
121
97

106
89
91
113
125
112

108
97
116
118
127
104

108
87
93
112
119
110

107
1QQ
111
106
124
89

298
291
149
219
247
249

256
204
104
172
204
212

210
235
152
182
223
218

234
238
157
149
182
184

260
271
183
201
234
237

244
227
166
198
226
163

162
116
154
169
181
176

1933
May
June
July.
August

285
237
180
113

79
164
193
131

811
432
147
65

373
238
106
81

122
120
108
102

116
114
101
88

126
125
109
118

129
134
120
119

146
133
126
110

129
120
117
115

140
129
121
110

268
263
263
240

212
212
204
200

232
232
232
225

184
184
184 '
184

239
239
239
239

232"
211
197
202

172
138
224
170

September.. .
October
November...
December...

74
40
62
109

77
32
61
115

66
60
66
94

62
76
78
93

103
102
103
95

93
102
102
91

119
124
124
105

120
118
119
111

111
112
111
108

115
114
115
104

112
118
112
100

232
228
228
235

188
188
192
204

219
212
~ 212
212

184'
184
184
184

269
239
239
239

269
215
215
213

159
184
212
179

1934
January
February
March
April

161
96
202
90

347
240
486
132

243
312
325
233

97
95
95
88

92
91
91
72

111
112
107
95

111
120
126
116

117
122
118
101

112
116
119
114

98
104
99
91

240
247
247
239

208
216
216
212

219
219
212
212

184
184
- 184
184

239
239
239
239

202
189
171
155

186
147
97
154 <

Mav.
Juno .
July
August

101
150
200
199

145
42
30
89

150
130
48
68

91
82
78
78

85
78
69
75

80
72
76
84

114
108
98
93

80
68
69
89

107
102
93
93

77
65
60
69

233
225
228
239

196
176
176
192

212
206
200
206

184
184
184
184

239
233
233
233

132
137
148
167

151
127
160
175

91
106
103
105

253
260
282
295

212
228
244
280

212
225
238
251

\ 184
184
184
' 184

233
239
239
239

149
158
170
174

228
197
223
270

88
40
92
74 .
84
192
266
242-

;

;

September...
October
November...
December...

101
83
122
157

110
82
91
123

78
87
200
243

96
132
130
252

88
98
102
104

81
89
98
96

96
105
115
112

111
117
117
117

112
128
125
120

112
118
116
119

1935
January.....
February
March
April ....

208
97
175
102

25
36
41
30

674
255
519
286

375
298
283
229

102
100
94
91

98
95
93
93

115
119
126
112

117
118
120
113

116
114
100
87

114
116
119
113

102
100
89
82

293
289
277
249

276
272
252
216

245
245
232
225

184
184
184
184

245 245
245
245

167
171
160
164

233
185
200
174

86
143
245

66
152
285

139
120
143

177
162

88
86

81
81

108
103

110
105

75
83

110
107

73
71

218
230
240

180
200
208

225
225
219

1SS4
184
184

233
233
233

170
175
174

235
190

May
June
Tnl\r

i For numerical data and complete explanation of sources, etc., see Tables 6,10, and 11.
* Six months'average.




133

Table 105.—INDEXES OF PETROLEUM AND PIG IRON
CRUDE PETROLEUM

YEAR AND
MONTH

PRICES, REFINED OILS

IRON

PIG IRON

ORE

ConFurnaces in
sumpProduction blast end
Wholesale prices
tion Price,
of month
Fuel Lub.
Total
Kan- Oil Mexi- Gaso- Kerooil.
sene
oil,
ShipPro- stocks, Imsas- wells can
60r, ments
Founline
oil, Okia. steam
ducend ports
Okla- comdry Basic Comship- motor, 47°,
24-26, ref.
from
tion
of
homa pleted
Mer- Fur- Ca- No. 3 valley
posat
water
ments
N.Y.
mines
month
Total at
Penn.
Total
pacchant
Northite
white refin. field
furwells
iron naces ity
ern
.Pig
nace
(Pittsiron
burgh)
Eelative to 1913

1913
1914
1915
1916
1917
1918

mo. av_. 100
107
mo. av_.
mo. av_.
113
mo. av_. 121
135
mo. av._
mo. av__
143

100

100
97
102
115
169
212

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100
104
122
144
158

86
62
135
190
235

87
48
98
87
93

8-2
127
164
213
246

141
144

95
81
92
131
175

73
57
97
169
209

79
56
78
114
175

65
94
132
127
124

75
97
127
124
126

74
86
122
123
115

70
85
119
126
131

100
75
100
127
127
127

100

118
139
138
128
112

81
93
132
259
215

88
93
134
265
221

88
92
132
259
222

96
119
45
87
120
87

100
120
54
87
130
101

86
109
33
63
107
83

90
107
89
67
103
76

98
116
52
90
130
101

189
281
157
168
176
141

188
287
148
164
175
137

194
284
156
162
176
142

97
103
110
115

125
131
138
142

180
183
202
205

175
179
205
211

177
181
167
204

1919 mo. av_.
1920 mo. av_.
1921 mo. av._
1922 mo. av_.
1923 mo. av__
1924 mo. av__

152
178
189
224
295
285

119
143
171
265
311
371

297
610
704
715
461
437

160
201
201
226
273
287

244
364
182
193
154
155

110
127
77
91
85
76

837
594
699
724
563
624

146
174
165
149
123
107

188
242
138
137
136
131

124
291
76
105
103
107

229
425
123
112
121
199

\ 1933
January _ _ _ _ .
February.. ,_
March. ...
April

254
235
275
285

274
275
282
287

492
418
543
446

249
236
274
269

145
185
198
195

76
69
78
96

554
471
612
587

131
137
146
143

158
158
154
143

104
112
116
126

102
133
166
146

(')

126
100
117
98*
138 . 106
139
112

May
June.
July
August

301
304
318
321

296
307
317
325

404
404
466
511 .

265
253
285
296

163
155
155
155

118
115
109
92

570
553
661
603

175
128
126
119

131
124
120
116

115
110
100
103

132
118
109
101

81
116
127
126

151
144
144
135

118.
126
123
102

119
120
111
100

149
146
136
127

200
185
170
166

197
186
171
168

200
189
176
169

September...
October
November...
December...

315
326
316
288

331
341
349
351

406 - 285
460 .202
410
279
567
293

144
133
112
109

80
72
63
56

623
534
555
628

114
110
101
92

123
135
134
133

95
89
80
88

99
111
114
130

111
99
60
(2)

122
123
113
114

101
100
96
100

95
91
86
86

112
118
112
112

166
159
148
148

169
160
142
142

168
158
146
148

1924
January
February.. .Jtfarch...
April........

273
268
288
287

350
351
356
360

425
439
579
492

286
271
290
283

133
162
179
186

49
57
68
90

459
547
617
626

98
119
118
119

140
147
135
130

121
128
119
107

181
203
221
227

8

118
120
135
126

99
88
105
102

92
98
100
86

121
129
134
115

151
155
155
147

144
150
149
147

150
166
155
152

May
;_
June
July
• % " •---August

298
286
295
298

369
373
377
385

498
449
438
395

286
276
280
280

186
166
166
147

104
96
100
87

577
521
604
488

119
119
116
112

123
118
117
117

92
87
87
87

207
189
181
169

80
93
89
82

102
79
70
74

91
69
59
63

68
61
54
66

92
78
66
75

141
134
130
131

139
134
129
129

146
137
130
131

September...
October
November...
December ...

288
289
272
273

386
384
381
374

361
328
448
394

286
297
294
317

141
134
130
128

71
67
63
62

434
463
519
530

104
83
88
89

135
134
134
137

102
104
113
130

183
190
198
231

75
68
25
(2)

80
97
98
116

72
82
81
78

64
68
76
85

86
97
106
114

135
133
133
143

129
129
130
142

132
132
134
145

1935
January
February
March
April

287
261
292
297

373
373
374
378

473
376
430
365

305
266
300
301

138
186
193
193

55
62
68
98

510
474
542
445

101
125
122
119

134
136
133
126

148
147
126
114

229
235
220
184

26

132
126
139
127

90
90
100
99

93
94
91
82

136
138
134 <
119

151
148
143
137

149
160
145
137

151
151
148
141

437
847

320
342

193
193
193

105
107

475
413
391

113
128
131

122
122
117

101
104
101

183
203
188

114
104
104

83
74
83

73
71
71

107
104
103

131
125
127

128
123
122

134
128
128

May
June
July

329
822

101
97

-

*

i For numerical data and complete explanation of sources, etc., see Tables 12, 22, 23, and 24.
* Relative number less than 1.




134

Table 106.—INDEXES OF STEEL
STEEL
INGOTS

YEAR AND MONTH

Production

COMMERCIAL
STEEL CASTINGS

Total
bookings

U. S. STEEL
CORP.

UnBail- Miscellanefilled Earnroad
ous
orders*
specend of ings
ialties bookings mouth

FABRICATED
STRUCTURAL
STEEL

WHOLESALE PRICES
Steel
hiUcts
Bessemer
(Pitts
burgh)

Struc*
tural
steel
beams
(Pittsburgh)

Iron

and

steel

Com! posite
steel

Composite
finished
steel

Sales

IRON AND
STEEL

Per
of ca-

pacity

Exports
selected
items

cent

Im-

*&

Relative to 1913

100

100

100

100

100

100

100

100

100

100

100

100

144
142

75
105
195
109
171

76
117
158
182
202

100
70
§£
165
181
146

100

76
112
175
148
187

62
95
243
215
136

78
87
170
271
183

83
93
177
269
202

87
94
154
266
215

88
95
163
259
220

86
92
161
252
213

100
143
146
132
130

100
139
138
120
111

56
128
220
235
194

90
89
98
102
53

111
135
64
114
144
122

72
131
48
131
148
128

41
112
40
140
136
136

99
148
54
123
158
120

101
170
90
96
102
68

105
129
68
74
131
111

157
218
134
132
162
147

174
187
131
115
160
153

191
249
155
144
169
155

193
211
156
134
172
165

188
222
152
134
165
157

127
134
88
173
173
188

106
107
70
128
128
136

160
180
80
61
59
64

101
138
38
229
226
150

1933
January
February
r
March
___ „_
April
„

152
138
161
157

204
180
290
186 *

205
163
325
171

203
194
258
199

117
123
125
123

92
83
129
126

145
154
172
175

132
139
146
172

156
162
172
179

151
158
165
174

149
157
164
169

196
209
250
212

144
154
184
156

46
48
69
62

448
252
394
288

May
June
July
August

187
149
140
146

183
175
108
105

167
183
73
80

197
168
138
126

118
108
100
92

155
138
138
149

173
165
165
165

174
169
166
166

181
177
172
170

176
176
170
176

168
168
167
167

152
138
136
155

112
102
100
114

69
59
62
66

251
250
196

September, „_ „_ ....
October
„
November
^_
December „ __ . .

133
142
124
113

98
79
83
85

94
45
57
66

101
109
106
102

85
79
74
75

125
163
151
123

162
155
155
155

166
166
166
166

170
167
163
163

176
176
176
176

167
167
U7
167

141
133
147
214

104
98
108
158

60
54
69
68

135
109
95
95

1934
January
February
March „,„
April

145
152
167
133

102
145
199
135

82
149
252
140

119
141 '
152
131

81
83
81
71

129
142
167
140

155
155
155
155

166
166
166
162

164
185
164
161

176
176
174
171

168
167
166
162

193
196
191
177

140
142
138
128

94
60
46
46

98
139
137
165

113
97
78
72

118
68
61

108
84
82
82

61
55
54
56

117
104
91
88

149
147
147
146

157
153
146
142

157
154
151
150

166
165
163
160

159
157
154
152

160
177
188
163

116
128
136
118

56
51
48
61

178
201
96
150

1913 monthly average .
1914 monthly average _
1915 monthly average .
1916 monthly average .
1917 monthly average .
1918 monthly average .
1919
1920
1921
1922
1923
1924

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

,,,.-„_
„

„__ __
„ „__

%

m

May
,
June
July
August.,.,,

„„.
„„_

105
82
74
101

September
October
November
December,. „

,-_..-,.,
„_.„_„_
„,„

112
124
124
141

124
132
147
191

125
131
174
225

123
133
123
100

$9
60
68
82

89
107
78
84

141
139
138
140

136
129
128
131

148
147
148
153

158
156
156
160

150
148
150
153

180
180
229
218

130
130
166
158

48
58
42
45

137
140
115
247

,

166
149
166
142

164
122
118
117

172
115
91
93

158
128
142
138

85
89
82
75

114
108
127
117

144
144
142
138

139
136
139
136

156
156
155
150

161
165
160
159

1,54
154
153
151

157
160
191
213

114
116
138
154

61
34
65
53

275
323
313
247

137
127
122

98
96

68
70

126
119

69
63
60

121
118

137
136
136

132
132
132

146
143

166
154
153

148
147

191
243

138
176

49
44

234
288

1935
January
February
March.,..,,
April-..,.,

,.„

100
75
103
137

May
June
July.
August

„_„_
„„_

...,.
w_

no

„.

September
October
November
December.........
* For numerical data and complete explanation of sources, etc., see Tables 13 and 15.




135

Table 107.—IWDEXES OF N0NFERSOTS METALS

Stocky
Deliveries

YEAR AND
MONTH

World
visible

u. s.

Imports—
Bars,
Mwks,
etc.

COPPER

LEAD

ZINC

TIN

Ore Price,
Retorts ProPrice, in oper- duction Stocks ship- prime
ation, (total at re- ments, ,westpri- fineries 9oplin ern.
eadiOf
district N. i.
jKiontii mary)

I*.

Production
Price,
Price,
Ore
ship- J^
Exingots,
ports, electroments, desilJopHn verized,
Smel- refined lytic,
ter
«. Y.
district & Y. Mines

Relative to 1913
100
87
97
147
135
124

100
278
87
98
140

100

100

100

100

49
35
43
132
101

90 "
108
128
14?
126

87
95
109
126
142

100
88
106
157
201
170

100

102
141
193
193
149

100
92
237
230
159
143

100

89
148
194
129
116

93
120
162
153
155

94
113
157
154
150

100
107
76
78
113
83

100
89
113
178
178
161

78
47
117
135
127

143
109
65
72
94
112

95
85
35
54
80
73

132
138
62
108
153
155

92
99
196
89
49
96

148
198
109
189
243
255

127
139
85
104
120
120

147
182
144
197
189
210

132
182
104
131
166
185

98
99
38
80
120
128

105
99
47
92
136
147

5.2
73
73
86
95
129

1.22
114
82
88
94
85

174
106
211
185

138
130
192
176

86
92
105
100

80
82
84
84

160
147
169
162

41
27
25
22

197
240
394
261

124
130
140
131

190
178
204
195

175
184
189
185

169
100
118
US

123
113
137
132

107
71
91
91

109

179
171
162
152

162
111
106
150

118
115
132
133

96
91
86
83

82
80
78
71

164
148
149
144

32
42
52
65

213
231
132
180

121
HI
133

229
269
95
104

167
164
143
151

122
122
122
128

139
135
136
141

84
88
90
98

101
96
94
91

124
151
185
131

160
100
158
170

122
191
56
86

98
137
119
132

93
93
98
105

77
80
80
82

135
146
153
161

56
63
76
92

281
180
284
322

117
114
11;5
114

195
137
164
252

157
156
157
169

121
128
124
126

142
149
142
142

98
107
102
108

87
82
83
84

1924
January
February
March
April

134
242
125
207

197
176
188
154

146
171
93
224

135
215
82
239

109
119
123
112

75
75
74
78

172
152
165
156

100
91
79
81

208
243
353
220

117
123
118
111

205
178
244
185

132
196
206
189

129
128
127
128

148
145
146
139

98
127
140
140

81
83
89
87

May
Juno
July
August

_.

143
118
107
131

159
102
163
172

211
211
262
179

118
96
113
79

99
96 '
103
116

77
71
68
68

165
150
149
145

104
122
130
125

251
192
194
308

105
105
107
112

196
150
129
238

166
161
163
179

127
124
126
130

148
147
145
143

140
132
111
116

84
81
81
87

September,,..
October _ __
November
December

136
139
158
112

163
153
16,9
203

206
125
108
147

122
105
98
123

110
113
122
120

67
68
73
77

141
147
148
165

112
95
66
52

234
274
333
246

112
115
124
134

196
236
308
254

183
189
199
211

124
134
133
1?1

146
159
147
148

138
129
147
137

85 i
85
89
93

1925
January
February
March
_.
April

196
197
194
182

185
191
159
146

228
205
269
120

204
143
188
109

130
128
120
116

8.1
83
82
82 '

174
162 .
178
169

47
41
42
45

288
278
262
244

May
Jnue
July

134
169
177

169
160
160

73
106
125

90
164

121
124
128

82
78
78

172
159
165

52
56
51

298
263

mo. av.._
mo. av._.
mo. av.._
mo. av.._
mo. av___
mo. av—

100
80
111
128
132
133

100
120
123
150
152
112

100
83
108
173
118
15

1919 mo. av__.
1920 mo. av.__
1921 mo. av.__
1922 mo. av._.
1923 mo. av...
1924 mo. av_._

74
116
59
131
160
146

104
159
159
191
176
172

84
172
122
129
138
174

1923
January ._ February
March
April

181
169
181
185

208
203
199
179

May
June
July
August

165
148
145
151

September
October
November
December

1913
1914
1915
1916
1917
1918

August

no

:

100

no

:

95
101

no

|

.
_'

September
October
._
November
December...:
i For numerical data and .complete .explanation of ,sources,
* Eleven months' average, August missing.




, £ee Tables 18 and 19.

:

141
136
133
127

246
300
307
245

233
216
204
183

145
134
145
187

162
153
171
155

141
182
178
151

96 :
95
9,2
87 .

126
127
131

242
254
1&7

183
190
186

130
137

151
150

161
150

87
88
91

l

136

Table 108.—INDEXES OF COAL
ANTHRACITE

BITUMINOUS

Prices

Prices

Produc-

YEAR AND MONTH

tion

Con-

Ex-

ports

sumption

Mine
aver-

Wholesale,
Kaiia- Retail,

wha
by
age
vessels (spot) f. o. t>.
Cin-

COKE

Chi-

cago

Production

Ex-

ports

cinnati

Production

Whole- Retail,
sale
chest- chestnut.

nut,
New

York

York

New

Bee-

Price

Ex-

hive

prod-

Byuct

ports

Connellsville

Relative to 1913
100
88
93
105
115
121

100

100

100

100

100

100

100

100

100

100

100

'100

1OO

77
93
105
119
111

94
97
102
89
72

93
91
150
264
210

100
100
122
208
177

102
102
101
144
136

99
97
96
109
108

92
85
100
134
107

100
100
105
112
129

100
103
105
121
132

69
82
106
9^9
91

88
111
150
176
204

68
91
120
143
172

74
73
133
338
245

97
119
87
88
118
101

100
191
115
61
106
85

94
121
98
53
59
52

211
459
207
295
224
169

187
266
207
237
196
156

143
176
178
198
192
169

96
98
99
60
104
102

107
116
101
57
110
87

156
179
198
200
205
214

156
177
194
197
204
201

69
62
17
24
58
29

198
242
!
155
224
296
268

73
94
32
52
126
75

194
442
149
290
224
145

130
109
121
110

73
54
81
92

50
49
56
54

354
292
258
227

256
222
222
222

228
224
207
184

112
100
120
103

103
95
116
122

200
200
200
200

207
214
203
196

57
67
67
68

293
268
308
303

107
97
134
277

338
292
300
259

May
June
......
July
.
August.......
.........

120
A18
117
127

150
161
152
141

71
68
67
70

216
207
193
195

200
188
177
177

183
184
183
183

110
111
107
114

129
121
132
128

200
200
200
200

196
196
198
201

70
68
61 .
58 .

315
300
309
306

223
88
82
136

211
213
193
192

September
October ..
November ....
_ ...
December
.............

120
128
111
103

118
99
84
72

61
67
55
48

195
183
181
176

177
177
177
154

181
182
182
181

37
112
99
99

51
116
107
95

210
216
216
216

208
209
209
208

53
50
42
41 -

295
293
273
284

130
107
67
62

197
163
167
169

50
52
47
64

181
183
175
168

166
166
154
154

181
181
178
168

104
100
106
89

79
90
90
71

216
216
216
207

208
203
206
194

41
43
48
39

292
281
. 304
284

73
77
153
62

165
172
171
155

265
229
224
231

55
66
67
58

140
132
121
123

240
274
277
308

58
77
78
77

128
128
132
165

1913
1914
1915
1916
1917
1918

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

1919 monthly average _
1920 monthly average
1 921 monthl y a vera ge _ . .
1922 monthly average-- ...
1923 monthly average .
1924 monthly average

January
February
March
April

1933
.....

.

............

-

1934
January

.......

March
April .. .

May
June.
July
August™

...
.

. ._

.........

September
....
October
November
... .
December,,........
January
March
April

132
119
103
76

....
__.

1935
.............
.... ..

May

-

June
July

Septejot&r,,,,.
Oetofofc*
November.......
December

— * *—
—-

„

70
84
74 .
63
82
101
109
93

58
53
54
49

166
165
. 161
162

154
154
164
154

163
163
163
163

102
101
102
93

79
101
84
74

208
210
212
214

195
196
197
198

106
121
106
116

100
102
65
73

49
65
45
65

165
171
167
167

154
154
154
154

163
171
169
169

100
101
89
97

95
105
82
93

216
216
216
221

203
203
203
207

130
98
94
85

65
55
61
59'

61
46
49 .
65

170
166
161
159

164
154
154
154

177
177
176
175

97
94
93
98

86
84
68
66

221
221
206
203

206
207
207
196

42
38
38
29

322
295
326
.313

86
84
90
73

190
167
144
130

89
93

91
96

62
61

160
159

154
164
164

168
171

107
102

94
91

205
206
208

196
198

22
21

311
298

81
68

128
119
119

^
......... ........
.........
-

i For numerical data and complete explanation of sources, etc., see Table 21.




27
20
16
.
16
- . "" ' ' **
19
23
23
32

81
79
84
90

137

Table 109.—INDEXES OF RUBBER AND LEATHER
CRUDE
RUBBER

HIDES AND SKINS
Wholesale
prices

Imports

YEAR AND MONTH

Im- Wholesale
ports price,
(inPara
clud- Island, Total
hides
ing
and
New
latex) York
skins

Calfskins

LEATHER

Green
salted
packers'
Cattle Goat- Sheep- heavy
hides skins skins native
steers
(Chicago)

Calfskins,
country
No. 1
(Chicago)

Sole and
belting

BOOTS AND SHOES

Upper

Wholesale prices

Price
sole,

Price
chrome Exoak,
ports
calf,
Ex- scour- Ex"B"
ports
ed,
ports grades
backs
(Bos(Boston)
ton)

WoMen's Men's men's
black dress black
calf,
welt
kid
Blu- tan Goodcher
calf
year
(Bos(St.
welt
ton) Louis) (St.
Louis)

Relative to 1913
191 3 monthly a v _ _ _ 100
1914 monthly av
123
1915 monthly av
191
191 6 monthly a v _ _ _ 233
1917 monthly av.__
350
1918 monthly a v... 281

100

100

100

100

100

100

100

88
64
82
39
10

138
183
181
166
99

85
88
116
99
70

107
132
142
178
164

111
114
179
215
197

166
259
289
140
86

100
105
112
143
185
177

100

112
130
146
127
73

100
97
110
149
123
77

100

76
69
83
80
68

77
101
120
70
44

100
104
106
167
215
222

100
98
168
193
147
131

100
102
105
119
153
181

100
104
106
127
180
178

10O
100
100
115
150
146

462
1919monthlyav.._
489
1920 monthly av
358
1921 monthly av.__
682
1922 monthly av.__
1923 monthly av . _ _ 697
1924 monthly av.__
637

60
41
23
23
31
26

150
102
70
111
107
72

84
46
63
73
64
54

182
123
81
145
131
83

149
89
70
90
96
58

125
121
67
90
112
85

214
172
76
98
90
80

363
195
79
85
83
97

392
72
46
50
56
72

204
191
122
116
114
101

192
82
40
7G
70
79

360
366
193
164
163
168

211
167
89
54
73
62

244
288
225
209
207
201

245
257
195
150
153
154

220
255
169
147
142
130

1933
January
February
March
April

826
625
717
719

34
38
36
34

143
118
124
152

72
62
49
66

178
164
152
215

118
78
116
92

165
116
142
144

109
108
105
102

86
88
87
88

36
69
64
41

117
117
120
120

79
56
80
83

(0

»
(0

57
65
73
90

210
210
209
209

153
153
153
153

142
142
142
142

May
_
June
July
August .

830
820
462
443

31
31
30
29

145
138
129
70

77
105
82
54

189
163
158
69

131
133
139
77

136
129
117
97

101
89
79
80

90
81
79
78

66
72
61
44

120
120
120
115

70
75
73
59

163
163
163
163

94
81
74
62

209
209
109
209

153
153
153
153

142
142
142
142

268
409
361
690

30
27
25
25

63
69
65
67

47
66
48
46

65
73
77
64

64
67
55
79

81
77
66
71

77
84
77
74

81
83
79
80

45
42
88
44

109
104
101
95

69
64
63
69

163
163
163
163

69
68
75
63

202
201
201
201

153
153
153
153

142
142
142
142

1924
January
February
March
„
April

608
731
481
881

25
24
21
21

54
70
74
84

41
67
62
47

57
70
85
94

44
68
67
82

70
94
94
121

78
86
76
66

83
96
100
85

52
65
62
85

98
98
103
103

61
67
80
104

163
171
171
171

45
60
62
68

201
201
201
201

153
153
153
153

142
142
142
142

May
June
July
August

644
519
452
505

21
20
21
26

77
60
69
67

53
45
68
61

86
51
85
81

80
59
50
43

88
107
60
86

65
68
71
85

88
91
95
103

87
60
86
80

103
95
95
98

104
78
70
71

171
160
160
171

90
61
54
61

201
201
201
201

153
153
153
153

142
142
142
142

September _ _ _
October
November
.
December
..

622
906
782
613

28
33
35
39

66
64
80
94

66
64
45
66

73
76
119
123

40
52
46
68

89
80
59
74

87
88
96
95

105
103
107
111

70
74
72
84

99
99
104
107

76
85
79
74

171
171
171
178

57
66
59
68

201
201
201
201-

153
154
158
158

142
142
142
143

1925
January
February
March
April

763
672
410
764

39
38
43
42

83
74
87
99

* 35
38
46
40

100
82
76
112

99
96
112
96

80
61
141
155

92
89
80
77

114
114
108
98

79
67
72
40

114
116
116
111

98
76
95
76

186
186
186
178

61
55
83
83

204
204
206
206

158
160
163
163

147
147
147
147

857
746

62
77
102

63
88

35
54

64
91

83
99

98
116

78
80
90

97
106
115

62
53

109
107
103

75
81

171
171
171

83
66

206
206
206

163
163
163

147
147
147

September
October
November
December

.__.

May
.„_.
June . _
July
August
September
October
December
1

For numerical data and complete explanation of sources, etc., see Tables 25, 26, 27, and 29.




138

fable 110.-IN©]

YEAR AND MONTH

PRODUCTION

EXPORTS

PRICES

OF LUMBER AN® f*Af»ER

Douglas fir Yellow
lum- pine Doug- Fellow
All
ber, door- las fir pine species species
No.l
ing
com.

m

OAK FLOORING

NEWSPRINT PAPER

Pro- Ship- Orders Stocks UnImend of filled ports
duc- ments
booked month
orders
tion

WOOD PULP

MeChemical
Prices, dian.
Exroll,
ports f. o. b. ImIm- Price,
snip,
mills ports ports
unbl.

Relative to 1913
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly
1918 monthly

av
av
av
av
av
av

100
86
36
113
172
198

100

100

100

100

100

100

100

65
44
45
32
;24

69
43
42
39
40

112
138
173
167
73

100
114
148
191
174
92

100

83
41
41
42
40

100
96
95
103
97
85

100

93
88
98
137
147

122
156
187
147
78

183
232
250
277
294

80
98
210
288
109

144
168
213

1919 monthly
1920 monthly
1921 monthly
1922 monthly
1923 monthly
1924 monthly

av
av
av
av
av
av

276
325
129
166
211
187

239
234
156
197
207
182

45
67
67
91
77
;92

43
55
36
44
57
59

51
60
47
59
67
75

94
94
80
103
114
110

151
161
186
343
451
522

184
130
226
398
431
588

193
104
230
389
472
588

160
258
375
256
373
486

1933
January
February
Maxell
April

512
212
234
234

220
221
230
232

57
65
74
:66

69
53
51
65

61
61
60
66

102
92
117
115

412
366
483
460

402
417
582
634

494
648
649
414

Mav
June
July_
August

234
212
212
201

224
212
202
195

81
:85
75
S4

66
77
69
57

71
80
74
73

125
124
115
127

519
514
457
486

633
467
374
601

September
October.
November
December

190
201
201
190

190
192
184
183

70
78
105

36
43
46
66

59
59
68
79

118
123
112
94

428
438
459
390

1924
January
February
March
April

212
212
201
190

192
193
191
189

198
100
SO
78

45

101
73
71
69

101
110
115
119

190
179

95
64
77
76

m
;56
75
60

73
64
72
70

81

62
m
.57

100
100
99
131
162
165

100
129
104
156
166
110

100

271

100
141
128
178
217
224

122
108
113
107
105

100
97
95
171
216
172

207
178
149
456
610
642

586
332
360
468
S95
617

255
106
39
60
38
40

188
290
242
178
188
185

120
138
114
128
178
150

116
.180
143
279
298
842

158
295
157
115
133
116

283
281
281
264

695
785
908
791

584
489
613
610

30
33
85
41

190
188
188
188

232
198
180
123

374
314
264
226

120
120
122
130

372
247
294
450

298
375
452
451

683
531
441
377

629
676
663
633

42
46
27
28

189
189
189
188

126
134
124
180

234
324
265
322

142
145
145
143

508
618
477
457

682
601
494
620

448
429
461
457

453
481
620
658

601
625
592
630

33
31
36
62

188
188
188
188

183
188
219
253

276
293
373
313

139
139
130
122

451
435
489
608

517
807
508
640

690
470
426
424

428
425
451
496

780 !
732
707
634 i

687
664
665
611

47
39
36
44

188
188
188
188

126
126
161
132

285
399
278
202

117
118
118
118

120
111
102
115

666
493
510
527

635
561
552
659

605
805
706
800

652
558
643
602

668
498
677
693

618
636
612
602

39
52
28
41

188
188
183
183

95
94
129
152

-266
281
368
388

118
117.
113
113

:254

May ..
June
July
August

179
174

181
171
167
172

September
October
November
December .

174
179
179
179

173
175
184
193

97
81
82
71

54
61
48
69

74
73
81
74

111
114
105
98

641
633
555
654

633
707
694
677

554
568
755
653

473
457
464
4:87

626
497
660
736

689
623
614
684

25
47
40
37

183
183
183
183

175
218
178
209

425
434
350
425

113
113
115
118

212
201
201
190

204
205
204
198

94
58
108
94

49
62
67
80

70
63
82
85

112
110
120
121

626
573
623
651

679
581
675
739

554
549
589
610

566
587
685
574

742
726
647
653

615
606
698
* 675

44
28
£4

179
179
179
179

161
197
135
155

457
335
386
286

118
118
117
117

190
179
179

198
192
194

75
114

74
62

74
85

122
120

619
625

701
727

711
754

569
594

702
691

674
693

60
87

179
1,79

233
216

325
358

117
119

1925
January
February
March
April

.:„

May
June
July

i For numerical data and complete explanation of sources, etc., see Tables 30, 33, 36, and 39.




:62

139

Table 11L-4NDEXES OF GRAINS AND BUIEDING fiMTEKIALS1
BARLEY

Ex- WholeReYEAR AND MONTH Resale ceipts
ceipts ports 2 prices

Exports a

TOTAL

OATS

RYE

Whole- Resale
prices ceipts

VJsIfole
supp.y

BRICK

GR'NS

Wholesale
piiee,

ExEx- Wholesale
ports prices
ports

common
red,
N.Y.

PORTLAND CEMENT
Wholesale

price, net,
Pro- Ship- Stocks
at end without bags
duc- ments
of
tion
month Chi- Lehigh
cago Valley
district mills

Relative to 1913
1913
1914
1915
1016
1917
1918

monthly av__ 100
82
monthly av__
monthly av_.
93
104
monthly av__
monthly av_.
76
monthly av_.
68

100

100

100

1OO

100

100

100

100

98
113
139
210
207

127
140
150
148
215

100
123
736
854
792
879

100

38
151
128
102
130

121
172
175
294
305

107
109
132
120
137

114
106
138
136
106

7
298
291
310
358

112
132
121
.170
206

67
191
168
149
171

!

100

100

100

100

100

84
92
122
135
182

96
93
99
101
77

97
98
106
102
80

114
101
99
99
84

89
94
118
153
166

100
100
89
116
157;
197

1919 monthly av_.
1920 monthly av_.
1921 monthly av_.
1922 monthly av_.
1923 monthly av_.
1924 monthly av__

88
42
37
37
43
67

231
102
147
105
67
101

195
202
102
101
105
131

308
287
199
414
285
418

2,183
3,195
1,622
2,571
1,721
1, 988

241
294
191
139
118
144

93
86
86
92
97
107

128
89
270
268
104
164

184
45
22
99
32
23

186
212
103
106
117
:136

173
169
222
201
109
129

243
333
232
265
302
260

87
108
107
124
149
162

97
108
107
131
153
1<>4

87
65
91
85
82
117

106
180
153
159
170
172

196
230
208
194
211
197

1933
January
February
March
April
„„..

42
28
38
28

45
82
69
48

104
107
106
107

555
367
284
311

2,229
3,854

137
136
130
134

109
77
90
82

177
159
138
:126

16
32
29
39

117
122
123
124

118
141
105
96

305
305
305
305

104
107
129
148

76
82
140
175

102
121
116
102

158
173
173
173

214
214
214
214

May
June
July
August __

20
24
22
56

25
25
56
176

108
103
104
100

185
196
113
297

2,993
2, 507
2,163
1,139

122
108
102
106

65
68
78
136

78
49
33
58

35
21
28
27

120
117
112
103

124
98
92
125

305
309
320
311

168
161
164
169

193
180
186
203

90
82
72
54

173
173
173
173

214 '
214
214
214

80
67
50
64

141
98
18
28

105
108
105
110

413
265
273
157

1,673
352
633
774

110
113
111
110

,128
139
88
97

95
118
107
114

41
38
39
37

110
117
118
120

143
108
75
86

305
290
274
290

171
174
164
130

185
193
139
.87

49
41
62
97

173
173
166
163

214
214
200
197.

1934
January
February
March
April

32
37
33
31

20
42
66
48

113
118
120
128

140
150
130
74

530
259
'235
1,385

114
113
108
104

78
91
81
67

101
102
96
61

21
16
11
6

126
131
128
130

82
73
73
66

305
305
305
305

115
112
135
153

70
80
122
173

126
150
162
153

170
173
173
173

197
197
197
197

May
June
July
August...

24
44
17
42

31*
35
72
96

122
124
133
136

192
129
383
366

1,290

108
115
135
144

66
68
51
133

39
30
18
65

6
6
8
7

130
133
150
140

66
76
53
120

305
305
244
206

180
176
183
197

197
203
225
228

146
133
110
95

173
173
173
173

197
197
197
197

160
200
206
221

269
189
70
95

276
382
386
414

22
91
45
39

132
139
140
159

261
353
200
138

213
213
206
206

189
190
171
136

228
231
139
•74

75
54
80
124

173
173
173
166

197
197
197
197

249
248
213
176

113
68
62
56

422
416
:367
276

33
28
33
30

159
152
131
121

84
72
103
127

221
221
206
206

115
108
144
180

70
81
139
195

157
175
182
177

172
173
173
173

197
197
197
197

187
171
154

57
84
80

203
203
151

129
79

129
135
126

121
79

229
236
236

202
200

226
236

164
146

173
173
173

197
197
197

September
October _
November
December

.
*

,._

892
1,436

2,408
859
966

September.
October
November
December

154
136
80
60

134
364
185
119

139
145
138
150

1,104
1, 368
690
294

1935
January
February
March
April ..

55
46
37
22

104
60
59
64

156
159
147
140

165
218
64
116

779
;609
1,321

29
37

110
57

142
142
141

352
69

3,739
1,.050

May
Juno
July
August

_.

,

7, .470

7,050
:854
652

6,935

September
October
November
December
i For numerical data and explanation of sources, etc., see Tables 43; 44, and 63.
Including flour -and meal as grain.
8




140

Table 112.—INDEXES OF CHEMICALS, OILS, AND SANITARY WARE
CHEMICALS

YEAR AND
MONTH

Imports

ENAMELED SANITARY
WARE

VEGETABLE OILS

Total vegetable oils

Exports

Sul- Total
NiPot- trate
phu- fertilash of soda ric
acid izer

Cottonseed
oil

Flaxsced
Oleomargarine

Linseed
oils

Minneapolis and
Duluth

Pro- ConIm- WhofeRe- Ship- Stocks Shipments
saie duc- sump- ceipts
from
ports price
ments
tion
tion
Minneapolis

Exports

Orders shipped

Linseed
oil
cake
Baths

Miscellaneous

Lavato- Sinks
ries

1

Relative to 1913
1913
1914
1915
1916
1917
1918

mo. av_— 10O
mo. av___
79
mo. av___
28
mo. av...
4
mo. av._l
4
mo. av__
7

1919
1920
1921
1922
1923
1924

mo. av...
mo. av...
mo. av...
mo. av._.
mo. av...
mo. av...

100

100

100

100

210O

100

2100

1OO

1OO

10O

100

100

100

1OO

100

100

100

87
123
195
247
295

136
802
686
656
829

71
26
27
24
16

61
109
68
41
36

«124
296
« 141
2172
2305

91
94
147
212
277

299
2105
198
241

99
99
105
161
227

56
50
68
43
44

30
23
36
24
21

75
35
50
35
9

78
65
70
73
61

69
57
62
61
53

107
118
128
83
49

104
117
137
94
68

108
132
139
91
62

110
93
130
70
74

23
67
39
90
86
87

65
211
59
86
142
159

220
229
132
129
85
116

45
98
62
65
76
74

6,1
58
76
24
16
14

2316
2334
2133
249
245
316

332
212
108
140
155
151

254
248
147
127
157
102

245
253
148
126
159
162

88
49
42
37
74
116

14
17
29
20
28
121

6
33
70
10
19
27

66
52
54
54
71
72

61
40
50
36
57
58

87
129
104
188
227
240

96
108
122
192
231
231

102
113
124
178
214
225

SO
98
107
144
184
224

104
76
100
112

209
165
232
189

120
64
87
46

67
105
75
82

32
23
18
19

295
256
229
301

149
150
163
162

168
154
171
154

174
166
166
152

31
16
19
27

39
7

7

27
15
11
6

66
55
63
67

58
44
51
63

232
223
245
. 221

207
188
232
206

228
194
222
194

177
149
186
172

45
81
87
02

206
48
112
109

112
48
99
201

87
98
100
79

11
8
9
8

373
364
226
234

161
156
141
144

143
118
110
138

156
120
98
152

32
51
24
67

16
34
13
23

25
14
13
43

65
49
40
66

33
42
43
52

235
198
204
228

230
211
209
258

206
200
195
219

183
188
168
197

September...
October
November
December

62
101
65
109

99
109
68
168

106
44
66
45

109
53
71
43

7
13
. 22
25

124
164
156
211

162
165
162
151

158
186
186
183

167
179
203
175

194
217
141
72

70
159
76
84

36
76
48
32

84
110
103
101

55
80
88
81

219
286
229
204

238
309
255
233

200
265
219
221

172
214
195
203

1934
January
February
March
April
..

116
112
101
48

305
287
222
140

71
105
75
127

71
72
61
78

16
13
16
12

373
499
484
509

152
139
135
139

204
190
185
169

201
199
197
169

28
17
17
16

27
28
25
22

26
17
11
9

90
74
80
59

82
52
53'
29

240
247
293
259

272
276
313
268

258
257
295
244

236
239
280
251

43
24
46
43

141
72
97
118

233
119
79
106

105
69
82
73

10
7
8
7

354
273
163
224

135
144
167
193

147
127
128
131

147
118
127
134

25
20
20
15

21
17
13
12

9
4
3
2

41
43
41
28

23
34
35
31

254
213
244
259

232
205
195
218

237
210
206
217

248
219
214
224

September...
October
November...
December —

87
137
125
145

130
135
126
114

155
105
104
117

64
85
66
76

4
9
34
34

216
191
260
250

150
155
151
158

159
166
141
166

170
162
144
169

186
518
428
102

139
494
541
125

39
82
70
62

58
122
118
111

53
97
98
104

263
236
188
185

216
221
180
176

207
215
171
187

239
227
161
149

1925
January
February
March
April...

104
126
121
92

172
182
378
298

126
116
88
110

65
65
79
72

33
17
19
9

278
246
370
274

154
148
154
153

158
143
163
157

161
134
170
144

75
43
39
25

40
34
31
20

44
35
26
21

97
95
97
92

104
99
69
52

236
234
266
271

259
258
255
258

238
227
235
254

229
206
226
238

35
62

259
113

83
82

103
79

11
20

232
276

147
148

145
127

156

37
41
38

27
16
29

17
21
19

88
83

41
52

282
297

256
274

243
248

238
204

1923
January
February
March
April
May
June
July
August

May
June _
July
August

May
June
July
August

2100

1

j.

October
December.
1

|

For numerical data and complete explanation of sources, etc., see Tables 41 and 45.
* Fiscal years beginning July 1 of year indicated.




10 -

. .

_

141
Table 113.—INDEXES OF WHEAT AND CORN
WHEAT

WHEAT FLOUB
Exports

Wholesale
prices

Visible supply

COBN

Wholesale
prices

Exports

Exports

United States Canada
Visible GrindStand, Winter
No. 1
3 supply ings
pat.
north- No.
strts., United
United Canada Minred
Ind.
Kan- States Canada
ern winter,
States
» neapWheat flour Wheat spring, Chicago
sas
only
olis
as
City
only Chicago

YEAR AND MONTH

wheat

Wholesale
prices

Cash,
Corn, cont.,
incl. grades,
corn
No. 2,
meal Chicago

Eelative to 1913
1913
1914
1915
1916
1917
1918

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

100
104
128
117
113
177

100

100

100

100

100

100

100

111
145
159
249
(2)

107
146
158
274
268

98
97
110
51
85

100
98
187
146
79

100
175
207
155
107
112

100

95
114
162
179
206

102
196
153
118
146

126
72
157
189
150

114
147
155
254
245

1919
1920
1921
1922
1923
1924

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

215
162
137
122
133
103

192
97
149
194
227
234

262
277
182
159
139
157

278
301
183
160
139
155

131
70
62
62
96
99

100
75
112
173
195
216

149
219
281
166
99
191

187
215
249
169
120
167

42
78
129
136
214
256

1923
January
February
March
April .. .

113
135
140
114

251
175
299
204

145
146
145
152

145
145
146
149

90
91
87
83

301
258
242
220

88
72
52
60

105
102
90
86

May
June
July
August

96
79
86
124

158
222
190
161

147
137
131
133

148
138
126
127

62
49
65
107

127
77
42
16

120
112
107
171

September .
October.
November..
December .

153
204
174
175

112
283
333
341

136
135
132
133

137
140
136
133

122
132
138
141

95
247
331
383

1924
January
February
March
April

168
150
139
101

258
268
343
218

135
138
137
139

137
139
139
138

126
122
112
96

May
_. _
June . _
July
August

96
115
77
93

259
221
150
153

145
150
163
164

142
145
152
162

September
October
November...
December

143
183
158
142

237
281
223
203

162
175
178
194

97
92
135
93

214
204
339
174

67
80

118

1925
January
February
March
April

_

__
._

May
June
July

..

100
102
133
137
231
224

100
103
146
115
55
92

100
91
111
126
118
146

100
21
99
109
112
93

100
111
117
132
262
. 257

281 '
285
161
141
127
143

239
256
146
126
119
130

32
56
186
226
105
116

129
121
116
133
131
150

31
42
260
328
88
40

255
226
93
100
131
165

116
85
79
61

131
136
133
137

128
138
134
184

206
266
279
218

132
127
142
126

175
211
184
133

114
118
118
127

121
108
108
167

142
265
151
136

131
121
111
117

131
121
103
103

69
35
20
17

145
126
97
128

127
60
31
22

130
134
137
140

186
111
50
60

189
157
102
109

63
347
766
685

127
131
120
122

106
111
108
110

22
10
29
88

133
153
133
135

31
16
26
52

142
162
135
117

376
387
372
286

53
37
36
45

102
84
79
71

147
140
160
73

124
129
128
124

112
114
110
105

94
185
245
178

161
170
187
153

74
84
95
61

121
128
127
126

76
61
73
128

191
138
96
61

34
60
49
203

61
86
66
177

492
287
193
98

129
138
153
149

108
114
127
133

121
82
49
50

120
134
139
153

44
24
15
19

126
134
169
187

158
173
179
202

148
161
176
161

41
159
235
243

394
544
336
215

330
450
295
204

123
171
322
356

148
163
168
185

136
155
160
179

58
76
73
159

152
165
130
132

19
17
22
14

180
177
181
197

212
215
197
180

229
225
207
183

137
124
106
80

243
233
230
178

102
89
120
102

109
98
136
106

73
49
53
69

209
202
185
170

203
207
179
173

259
308
329
227

161
148
135
125

21
17
2
26

203
199
186
173

194
186
189

188
195
181

62
51
56

149
123
69

119
85

109
90

178
117

184
177
174

192
184
161

168
144
61

119
131
106

20
23

182
176
158

September
October

1
2

For numerical figures and complete explanation and sources of data see Tables 51 and 52.
No quotations available.




.

142

TaMe 114.—INDEXES OF ANIMAL PRODUCTS
PORK

LIVESTOCK PRICES

Cattle
YEAR AND
MONTH

Hogs

Prod.,
insp.
slaugh- Exports Wholesale prices
ter

Sheep

Steers,
good to
choice, Heavy, Ewes, Lambs, Total
prodChiChiChicorn
ucts
cago
cago
fed,
cago
Chicago

FLUID
LAMB TOTAL
MEATS MILK

BEEF

FISH

Receipts
ProProTotal
ducduceaten,
tion,
tion,
prinininGood Steer spected spected
cipal
native rounds, slaughGreater fishing
slaughsteers, N7t2,
New
ports
ter
ter
ChiChiYork
cago
cago

Wholesale prices

Production,
ExinLard, spected
ports
Smoked prjme
slaughconTotal .hams,
Chiter
cago tract,
N.Y.
Relative to 1913

1913 mo. av__
1914 mo. av_.
1915 mo. av__
1916 mo. av__
1917 mo. av_.
1918 mo. av_.

100

100

100

100

100

100

100

100

100

100

94
110
119
94
122

94
138
147
132
229

101
92
111
152
192

95
101
116
139
158

100
89
313
236
239
473

100

108
127
153
220
241

100
94
85
122
197
232

100

100
85
115
188
210

100
104
119
141
207
222

100

106
102
113
151
193

105
100
107
167
171

102
95
99
124
169

98
84
82
64
70

95
105
116
110
133

101
1€6
108
110
118

100
106
125
118
137

1919 mo. av__
1920 mo. av_.
1921 mo. av._
1922 mo. av._
1923 mo.av..
1921mo.av__

206
170
103
111
117
114

218
170
101
112
92
101

200
187
73
124
130
147

207
204
128
170
173
183

123
113
117
130
160
151

268
158
169
151
202
172

207
201
161
160
128
122

264
181
101
105
112
121

136
119
113
126
130
133

235
143
112
106
100
98

180
178
126
116
122
132

171
163
111
111
117
116

84
75
90
76
81
82

128
113
114
125
144
140.

125
136
143
149
165
167

128
116
- 101
120
119
126

1923
January
February
March _ . _ _
April

115
110
109
106

98
94
98
95

148
143
153
161

182
188
183
168

190
157
179
154

239
200
226
200

122
122
124
128

107
107
114
109

129
110
121
123

92
84
111
89

119
114
112
112

103
105
111
111

93
76
86
83

161
135
151
138

145
134
153
154

68
86
115
112

May
June
July _ _
August

112
121
125
128

89
83
86
96

132
103
108
123

169
190
179
164

154
157
147
134

201
161
173
199

127
127
130
134

105
106
102
105

133
126
123
138

100
110
104
133

112
117
122
122

112
125
141
141

82
74
77
77

142
141
134
133

170
184
238
166

114
125
155
154

September _ _
October
November. _
December...

125
123
116
115

103
93
85
84

117
113
121
137

169
164
158
160

116
149
183
205

208
193
194
230

134
132
126
123

116
121
128
120

134
156
139
123

110
104
89
70

135
135
135
132

132
118
104
103

81
87
78
84

121
148
160
167

161
161
153
156

150
148
116
90

1934
January
February
March
April

111
114
118
127

86
85
88
89

153
180
213
212

171
187
202
205

205
177
160
145

274
232
214
168

116
111
114
114

116
106
105
102

137
114
115
121

73
86
95
101

131
131
131
131

106
111
115
118

93
79
76
74

173
147
138
132

158
150
165
160

76
134
130
122

May
June
July _ _
August

121
113
112
112

89
87
98
115

141
103
103
127

182
189
178
170

151
154
153
115

140
133
181
165

117
118
123
134

100
101
115
130

135
110
132
135

102
87
103
106

131
129
127
127

129
133
130
129

81
77
82
85

141
135
141
121

172
176
179
177

114
136
167
148

September..
October
November..
December. ..

106
112
108
112

118
129
115
119

115
124
135
Ifi2

169
172
171
205

103
117
140
191

140
162
112
147

134
130
123
125

131
150
139
154

146
167
140
134

120
123
106
68

127
132
141
141

122
104
98
95

93
95
78
72

119
136
137
163

167
170
161
163

147
150
104
91

1925
January
February
March
April . .._

109
111
120
117

129
133
161
150

185
180
196
169.

226
221
206
182

199
152
115
109

176
140
150
101

132
139
162
170

151
146
155
146

146
105
129
131

69
64
62
88

141
141
141
141

102
103
113
117

87
77 •
89
89

173
130
119
116

161
152
174
167

•82
134
175
134

114
123

146
152

139
120

158
191

116'
136

133
127

154
158
176

148
160
165

132
127

105
97

138
135
138

124
132
147

89
80

121
130

179
194

127
187

May
June
July
August

•

;
|

September.
October
November. .
December..
i For numerical data and complete explanation of sources, etc., see Tables 55, 56, 57, 59, and 61.




TaMe 115—INB

MJGAS, OOWEE, TEA, AN® MCE

SUGAR

COFFEE

YEAR AND MONTH

RICE

TEA

ReRetail Visible supply,
Clearances
Wholesale
ceipts, Exports
price end of month
price
from Brazil
LouiReIm- siana
ceipts
ReRaw, Granports crop
in
at
fined,
9®° ulated,
To
51
World United Brazil Total United
New includ- centrif- in
cities
total
States
Oring
States
ugal, bfcls.,
leans maple N.'Y. N.Y.

Imports
into
U.S.

Im- Shipports ments,
Im- Exports
New ports
into
OrU.S. leans

Relative to 1-913
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average

100
115
112
117
105
109

100

100
754
1,860
3,054
1,952
787

100

100

100

96
80
79

86
94
110
142
101

122
111
127
102
82

1OO
125
121
138
155
136

100

108
120
146
109
176

100
121
112
131
106
132

100

110
133
165
179
183

100
110
130
161
181
182

100

62
53
8.7
59
45

1919 monthly average
1920 monthly average
1-921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average

149
170
131
206
157
174

50
29
54
57
87
41

5,850
1,785
1,803
3,548
858
851

215
372
137
133
2©0
170

209
297
144
139
195
174

205
353
146
132
184
167

67
75
74
50
41

66
92
92
59
49
40

80
58
111
94
96
124

84
90
101
105
119
117

91
162
131
127
159
148

156
152
158
146
165
166

1933
January
February
March
._
April
.

137
140
329
223

.209
9
4
6

245
1,528
1,640
2,042

151
176
208
223

158
171
201
215

151
158
185
193

65
63
59
52

46
59
66
56

105
93
77
27

124
120
117
69

176
211
153
54

209
177
122
115

4
4
7
8

.2,268
1,644
165
136

227
213
198
173

220
215
199
178

204
202
191
175

46
45
47
49

45
47
43
39

31
60
108
133

69
72
78
156

114
159
93
63

12
140
234
408

222
144
159
96

199
217
208
20Q

193
210
203
207

175
193
187
189

49
45
40
36

51
51
48
39

132
132
125
127

1924
January
. ._
February
March
April .
. ...

131
233
266
219

138
11
1
1

182
373
748
1,316

192
207
197
182

196
204
199
186

185
187
189
181

36
35
33
37

37
31
38
35

May
June
July..
August

211
186
215
153

2
2
4
6

1,560 i
1,159
:1, 145 ;
2,030 ;

. 161
146
145
154

170
152
154
155

167
151
153
149

39
42
37
44

September
October
November
December

175
138
88
76

3
1
•87
234

1,273
279
96
45 ,

170
172
166
151

167
171
169
169

156
160
160
160

156
212
254
277

19
2
3
3

366
733
1, 114
1,053

131
132
135
127

142
137
138
132

232
220

1
4

1, 675
1,802

123
126

128
128

1913
1914
1915
1916
1917
1918

_

May
June,
July
August.,^,

September
October
November
December

.
.

.

._

1935
January _
February
March
April
May.,
June.,
July
August

„

100
120
116
152
162
164

100

100

101
111
94
116
233

182
245
474
752
608

91
102
86
109
120
104

150
131
187
162132
92

71
57
33
2«
21
17

1,365
1,422
2,123
1,491
1,233
561

163
186
248
161

118
72
57
58

205
182
121
186

62
21
16
37

2,063
1,453
1, 509
1,443

91
79
86
204

127
100
98
103

73
90
130
129

119
77
96
60

13
49
8
11

1,528
1,142
1,6SO
443

168
183
138
.130

226
246
190
192

164
199
232
202

166
185

92
139
181
120

3
4
14
15

448
803
800
1,474

129
110
116
118

115
131
112
74

128
162
147
118

193
155
180
158

106
70
82
80

135
120
105
56

23
17
31
19

1,321
771
785
506

36
41
48
53

112
116
57
161

95
105
101
147

119
161
103
144

171
155
192
160

56
86 !
107
116

42
20
25
1

17
26
9
20

330
160
101
104

48
48
48
46

40
42
44
33

175
161
131
103

143
175
122
93

181
210
170
135

118
188
164
161

122

137
177
200
89

85
6
8
14

120
390
941
1,197

147
140
140
136

45
43
45
45

39
36
48
38

92
80
93
75

105
76
78
69

159
96
118
71

153
113
190
121

103
82
65

130
76
70
56

22
41
51
32

474
496
344
275-

131
104

43
42

29
39

52
75

62
125

74
172

112
124

56 ,
65

69
23

29
18

229
191

'

September
October
November
December
1

For numerical data and complete explanation of sources, etc,, see Tables 54, 60, andfll.




119
144
137
151
129

100
110
119
119
142
149

;

174
192

159

;

:

145
117

100

;

144

Table 116.—INDEXES OF TOBACCO AND WATER TRANSPORTATION1
TOBACCO
Unmanufactured

ProExduction ports, Chewing,
(crop leaf smokestiing, Cigar
mate)
snuff, types
and
export
types

CARGO
TRAFFIC
(tonnage)

Manufactured products
Wholesale
price

Stocks
(quarterly)
YEAR AND
MONTH

VESSELS (tonnage)

Total, Burley,
includ- good
leaf,
ing
im- dark
red
ported Louistypes ville

Consumption
(tax-paid
withdrawals)

Exports

Constructed
during
month

Cleared in
foreign trade

Manufac=
tured Large Small Cigar- U.S. World Amer- Forcigarto(seabacco cigars ettes ettes going) total ican eign
and
snuff

Lost

Abandoned
Sault MissisSte. sippi
Marie River
Canal

Total

Quarterly

Kelative to 1913
1913 mo. av_ 100
1914 mo. av. 108
1915 mo. av. 111
1916 mo. av. 121
1917 mo. av. 131
1918 mo. av_
151 '
1919
1920
1921
1922
1923
1924

mo.
mo.
mo.
ino.
mo.
mo.

av.
av.
av.
av.
av.
av.

154
166
112
131
159
130

100

100

1OO

100

100

100

100

100

100

100

100

100

100

100

100

100

103
113
101
114
120

93
98
77
75
79

101
109
94
101
108

111
104
115
169
277

99
100
105
109
112

95
87
93
100
93

108
115
163
227
300

104
90
184
303
524

91
33
94
176
538

100
86
36
61
88
164

100

78
98
108
68
92

80
107
123
133
125

93
87
90
76
68

90
93
99
92
84

124
143
106
215
326

124
181
124
105
88

69
89
115
113
107

50
42
45
39
29

174
106
117
98
113
131

127
127
151
138
149
164

82
88
93
104
109
111

114
117
134
129
137
147

245
259
222
208
210
197

96
90
87
95
93
93

93
105
89
91
92
88

341
287
327
344
414
456

699
683
368
495
532
457

1,022
723
354
46
34
38

214
176
130
74
49
61

167
227
201
211
186
200

68
87
84
85
100
100

95
126
116
120
124
128

136
200
155
93
100
102

63
79
140
314
773
827

86
99
61
83
112
90

59
84
71
78
69
69

208
208
208
208

100
88
99
92

89
80
91
84

413
357
389
363

470
394
485
550

17
56
27
54

150
127
145
163

83
78
88
88

102
92
104
109

111

364

208
211
212
212

98
97
91
98

91
94
93
98

429
450
450
452

582
530
677
480

4
89
2
()
30

204
212
209
205

104
107
134
128

132
137
155
149

119

415

212
212
212
212

92
98
90
71

95
113
103
78

429
484
414
342

632
529
496
554

30
30
3
66

196
215
231
179

109
102
92
84

133
134
130
111

62

866

111

1,448

212
212
212
212

103
96
94
89

80
79
82
79

483
374
406
411

512
342
340
587

13
6
62
98

145
153
160
198

87
83
78
88

103
103
101
118

212
192
186
186

94
91
93
95

88
89
94
91

493
498
508
487

603
629
385
405

46
55
36
1

259
199
218
230

100
110
121
119

144
135
148
150

186
186
186
186

99
103
82
77

96
101
95
81

484
501
413
420

449
361
434
433

43
23
30
41

230
234
211
166

112
120
95
87

145
152
127
109

186
186
186
186

96
90
93
92

75
72
80
78

513
438
484
467

366
380
373
501

45
12
65
21

146
140
159
192

102
87
95
100

114
101
113
125

186
189
189

93

82

499

520
367

66
34

195
198

109
121

133
142

1923
January
February..
March _ .
April

113
73
86
110

May
June .
July
August

149
155

79
141
128
93

September.
October
November.
December..

163
153
151
159

105
128
146
152

1924
January
February __
March
April

137
116
179
173

May
June
July
August

125
126

120
152
92
95

125
124
143
130

103
155
124
121

September .
October
November.
' December..
1925
January
February
Iviarch
April

May
June
July
August

98
66
88
84
61
75
129
124

164

119

150

148

115

138

134

106

127

150

97

134

183

114

160

164

120

149

153

110

140

156

100

139

188

165

114

115^

165

150

63

69

35
40

66

64

66
47

73
i

71

117

1,526

91

997

39

685

162

134

71

251

September.
November

» For numerical data and complete explanation of sources, etc., see Tables 62, 63, and 64.



2

Index number less than 1.

None. None.
None. None.
None.
10
None.
100
107
138
144
144

97
89
96
88

128
130
107
None.

76
107
102
67

None. None.
None. None.
None.
23
16
91
99
111
112
111

106
89
91
72

97
104
66
17

95
85
53
7

None.
None.
None.
36
112
110
117

145

Table 117.—INDEXES OF RAILROADS AND AUTOMOBILES
RAILROAD OPERATIONS

PULLMAN
OPERATIONS

Revenues
YEAR AND
MONTH

Freight

Passenger

PasNet
Oper- opersenTons Reating ating car- ceipts
gers
Pasper
Total
excar- Reve- Exried
senintonoper- penses come 1 mile mile ried
gers
ating
1 mile nue penses carried

LOCOMOTIVES

FREIGHT
CARS

AUTOMOBILES

Exports
Production,
passenger
AccesEx- Total New or- cars, Passories
port, ship- ders, do- U.S. senand
ger
steam ments
and
parts
mestic
cars
Can(value)
ada

Relative to 1913
av
av
av
av
av
av

100

100
94
93
102
120
150

100

100

100

100

100

100

100

100

1OO

100

96
95
109
131
184

96
92
144
128
133

100
100
99
100
118

102
129
102
117
126

95
101
107
125
121

98
95
110
•126
144

105
98
112
130
116

54
127
168
361
217

39
37
75
110
121

57
90
143
119
152

100
118
177
324
377
201

100

95 .
101
118
132
161

100
89
117
146
136
96

100

£4
101
121
133
163

86
162
239
254
143

90
2G6
383
504
536

1919 mo. av
1920mo. av
1921 mo. av
1922 mo. av
1923 mo. av
1924 mo. av

168
204
185
189
218
205

171
186
167
156
166
156

169
203
182
184
207
196

203
267
211
204
227
209

72
8
86
108
137
137

121
137
105
115
139
131

135
146
177
164
155
155

137
138
110
102
112
107

167
175
156
159
176
176

173
198
230
188
199
219

150
158
126
128
138
137

195
349
205
76
54
39

73
65
37
35
87
40

18
67
19
143
75
113

359
408
333
517
802
707

259
550
120
259
491
587

678
1,373
622
610
940
1,173

1923
January
February
March
April

208
185
225
218

158
138
153
153

197
175
210
205

225
207
230
222

102
66
140
139

138
119
143
140

150
154
157
154

104
91
100
101

162
148
167
162

195
185
207
208

130
112
127
129

59
22
88
27

75
68
92
71

112
105
352
99

595
677
850
914

280
410
548
619

845
876
898
1,094

May
June
July
August

229
219
214
227

156
179
187
196

215
212
210
221

231
229
228
235

150
146
142
165

145
139
141
148

156
157
162
154

104
122
133
138

174
193
190
207

210
225
218
215

129
153
152
167

27
51
115
66

78
76
78
89

2
16
10
13

933
895
989
829

580
574
548
390

1,063
879
960
847

September
October
November
December

221
250
224
195

184
163
151
176

214
230
209
194

229
245
224
214

154
173
145
117

144
154
140
122

153
160
158
156

126
109
100
114

202
171
156
176

206
218
223
74

158
137
123
136

46
32
63
54

109
101
98
108

19
8
11
153

786
880
751
728

485
485
504
467

1, 014
940
841
1,019

1924
January
February
March
April

188
199
210
194

159
145
151
148

184
188
198
186

212
206
215
208

86
120
134
104

126
132
133
117

151
152
156
164

105
96
100
98

174
162
163
171

222
215
219
221

131
120
127
129

34
44
49
51

49
32
43
24

61
186
363
113

764
"893 .
928
901

585
618
651
733

1,174
1,341
1,540
1,658

May
June
July
. . .
August

195
183
192
203

149
167
169
182

187
183
189
199

210
200
204
206

102
110
124
159

124
117
121
133

157
156
158
152

102
118
123
130

169
195
184
208

220
197
231
213

130
150
149
168

51
76
41
88

36
47
46
45

5
4
5
48

745
585
636
664

666
470
461
567

1,064
1,254
1,067
879

September
October
November
December

226
248
215
205

162
144
137
158

212
224
198
198

210
222
206
210

195
212
156
145

143
158
139
128

156
155
152
152

114
98
93
104

189
174
152
171

216
216
224
233

153
134
121
131

124
90
71
61

34
31
43
46

225
120
132
98

685
678
531
474

540
666
539
508

923
1,058
1,087
918

1925
January
February
March . _ ._
April

198
190
204
196

154
135
138
136

190
178
191
186

211
196
208
204

110
108
122
111

135
123
129
123

147
153
157
159

102
90
93
92

183
164
182
174

222
213
231
220

135
121
128
130

95
32
66
46

29
28
36
30

98
51
45
53

554
657
864
1,017

672
683
1,079
1,104

911
1,025
1,616
1,561

203
207

142
161

192
199

207
207

127
153

136
131

185
212

221
222

134
152

110
105

31
36

85

995
949

1,139
803

1,736
1,401

1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.
1918 mo.

...

May
June
July

100

November
December
1 For numerical data and complete explanation of sources, etc., see Tables 17, 66, 67 and 68.
54240°—25t




10

7

140

EIFE

Table••11&

PEEMIUM COLLECTIONS
(new and renewals)

NEW BUSINESS

Ordinary Industrial

Total

Group

Industrial

Ordinary

Group

Total

:

YEAR AND M ONTH
Number

:

of

policies

Number
of
policies

Value

Value

Number
of
contracts

Value'

Number
of policies
and
contracts

Value

Value

Relative to 1913

100

1913 monthly average
1914 monthly average^ -.__
1915 monthly average
_
191$ monthly average.
._
1917 monthly average
1918 monthly average •

99
105
120
148
140

1919 monthly average
1920 monthly average ...
1921 monthly average
1922 monthly "average.
1923 monthly average
1924 monthly average"

100
108
113
109
109
114

100
97
102
127
149
155

100

100
120
220
620
1,620
1,420

100
219
227
378
857
1, 186

100

106
112
113
118
127

106
111
111
114
118:

100
100
106
125
147
157

100
104
108
" 117
130
140

100
107
115
123
134

150
179
202
228
276
315

3, 280
3,800
1,180
1,920
3,180
2,640

2,014
2,044
535
1,327
2,498
2,870!

141
154 =
156
163
187
196

254
305
257
289
356
385

1,050
929
1,448
2y 021 .

154
157
194
250

100

147

144
269
397
856
1,489

100
105
110
119
131
143

165
194
209
229
256
283

1C8
189
210
239
279
317

2, 753
4,161
4,292
4, 503
5,811
7, 272

168s
196
212
234
265
296"

284
292
376
388

241
240
279
259

260
239
266
259

6,69T
7, 031
5, 186
5,658

249
245
280
263

219
199
174
163

389
395
336
322

263
257
250
247

254271
268
269

4,675
4, 919
5,361
5, 347

264"
263
258
255

226
259
208
210
246
245

271
330
273
299
359
380

122
132
145
153
174
185 !

201
214
279
251

299
310
404
363

144
145
176
250

217
221
266
401

1,980
1,920
2,620
2,180

264
275
242
230

390
402
355
338

210
182
160
149

313
284
256
245

2,620
9,120
1,980
1,500

2,635
3,164
1,243
1,266

221
240
247
299

307
342
359
437

146
176 l
173
179

241
293
283
295

980
1,540
1,760
9,760

1,232;
•!
568 :
1, 085
;
13,339

159
187 '
186
200

298
331
346
513

218
252
255
308

254
285
271
453

4,708
6,039
6,514
8, 592 -

229
263
263
34S

216
231
293
267

343
352
443
405

202171
183
186!

346
277
302
305

2,040
1,780
2,420
2,240

1,102
888
2,018
2, 550 -i

204
181
202
197

351
337
420
398-

272
278
286
291

277
280
304271

7, 594
7,139
4, 678
7,069

279
283
293
291-

279
257
235
218

418
460
374
3S8

200177
157
160 >

334
298
260
273

2,220
1,980
2,280
1,420

2,016
1, 240
1,805
1, 322

214
188
170
170

410
380
357
329

294
277
290
255

30$
304
285
302

6, 764
6, 336
7,99f
6,497

302
287'
295:
270

199
227
270
288 i

304
350
366
471

162
219
169'
238

279
382
290
435

1, 500
1,740
2,640
9,440

1, 116'
7, 554
2, 225!
Id, 607

168
220
186
246-

305
422
362
551

244
280
266
364

314
310
297
553

5,967
8,403
7, 203
• 11,628

263
293
278'
413

221
232 274
270

375
389
466
454

163 ;
193;
213
211

284
342
373
379

3,560
2,280
2,580
2,850

3,973;
2, 116'
2,351
3,826

173
200

222:

382
392>
458
464

800
300
330
330

339
305
343
314

11,586
8,681
25,481
14,233

317
307
351
337

302 :
276

504
454

232!
208?

419
382

2,860
3,200

2, 2532,742

244
219

497
455

326
313

339
352

9,961
9,064

336
328

1923
January
March
..
April
• ,. *
May,.
June
July

•• •

. • ....

.

b _.._.__.^.

_ fc

September
October
November
December

;.

.

:

;

1$24
January
February
March
April....

...
. _

•__

Mayi

. -j.

July
August .

...ii.

.;..

• _ * ^ • _ j.

;

;

1935
February. __ _ _,
March
April _ . _.

May-

.

;_

...

-

JuttG"

.

July

•- „- w

;

,

:

.'

224:

• «

*

»For numerical data-arid complete explanation of •sources,' etc., see Table- 88.




1

-

1

;

147

Table 119.—INDEXES OF BANKING AND SECURITIES'
BANK
CLEARINGS

la
New
York
City

YEAR AND MONTH

Outside
New
Yofk
City

INTEREST
RATES

New
York
call
loans

STOCK
PRICES

BOND
YIELDS

NEW YORK
STOCK EXCH.
SALES

SECURITY ISSUES

NEW
Municipal
INCORComTotal
PORAmercial
MunicicorTIONS
Miscel- porate
pal
double* 25 indus- 25 railPerma- TemStocks laneous
bonds
name
porary
nent
roads
trials
end of (shares) bonds 2 (Journal
paper,
loans
of CQm- loans
4 toG
mo.
(long
(short
merce)
mos.
term)
term)

Relative to 1913
100

100

100

100

100

100

100

100

112
58
83
102
154

87
63
63
86
107

100
129
170
147
139

* 93
88
96
83
74

93
95
91
97
103

58
209
280
222
173

100
87
87
133
93
82

100

S6
102
134
169
205

100
137
192
227
149
115

100

88
116
169
187
189

109
121
122
109
64

60
82
61
81
93

100
70
96
161
217
106

249
257
205
230
226
2i4

243
275
212
239
276
284

215
281
182
134
148
96

98
134
118
80
90
71

182
184
138
169
185
198

75
67
64
75
72
81

101
113
113
95
95

377
270
207
316
284
339

172
213
, 279
499
389
586

184
189
160
208
219
196

187
1S9
339
313
278
354

93
137
158
82
106
203

613
725
385
406
453
348

251
213
251
228

290
238
285
274

131
149
160
150

84
85
92
93

190
198
199
191

74
79
78
76

93
92
93
94

292
328
386
291

516
451
470
426

461
173
229
200

290
230
224
262

121
88
88
149

528
407
291
584

May
Jane
July
August

244
237
211
187

285
280
268
254

146
148
152
150

93
88
89
92

180
182
176
177

73
73
70
63

95
95
95
93

334
293
183
190

402
416
297
281

254
238
173
100

301
503
199
184

64
101
154
102

474
814
421
195

September
October
Is-oveiiiber
D-eceHiber

191
225
229
247

254
296
277
301

148
143
146
150

93
93
92
90

177
175
181
187

69
69
70
70

99
99
93
98

211
228
326
348

261
351
392
409

150
180
273
194

169
298
277
383

98
15
72
225

291
409
471
555

262
230
249
258

293
256
282
279

138
137
122
135

88
87
83
S4

193
192
189
183

73
73
74
75

97
93
93
97

401
298
263
257

611
430
495
447

161
186
210
194

248
305
303
391

125
151
204
198

510
384
469
307

263
253
268
258

275
266
282
265

110
68
64
61

77
71
64
59

183
187
195
205

75
78
82
86

96
93
93
93

194
243
350
324

435
693
658
588

132
211
201
198

353
842
330
358

201
130
195
179

302
264
332
232

245
274
284
325

277
314
290
317

65
74
79
103

57
57
59
64

201
202
213
231

85
84
92
95

92
92
93
93

262
262
597
619

512
598
811
754

204
144
280
228

272
282
218
353

320
314
92
325

278
315
333
426

339
267
296
290

322
273
309
308

110
116
122
122

66
66
71
72

233
238
235
233

96
98
95
92

93
92
92
91

675
473
557
265

732
675
679
597

345
289
238
259

358
235
321
300

133
143
225
240

451
260
463
615

302
305
297

297
31?
323

120
124
131

70
70
71

245
248 •
256

96
96
97

90
99

527
446
466

758
587

180
152
234

544
354

98
77

358
582
619

1913 monthly average
1914 montnly average
1915 monthly average
1916 month! v average
1917 monthly average
1918 monthly average

...

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average .
1924 monthly average
1933
January
..
February.
Mareh
April

1934
January
February .
March
_
April

_

_

May
June
July
August

September
October
November
•December

...

.. „_

1935
January
February .
March
April
May
June
July

___

September
October...
_. to
November,......— . ..

1
8

For numerical data and complete explanation of sources, etc., see Tables 91, 92, and 94.
Corporate bonds only.




m

-

148

Table 120.—INDEXES OF BUSINESS PROFITS AND LOSSES
BUSINESS FAILURES
Total
commercial

Manufac. es- Trade establishments
tablishments

DIVIDEND AND INTEREST PAYMENTS

Agents and
brokers

Banks
(quarterly)

Dividend payments
Total
dividend
Av.
and
Induspaid
intertrial Steam Street on
inLiabilLiabil- Firms Liabil- Firms Liabil- firms
Liabiland
est
rail- rail- dusities Firms ities Firms pay- Total misc. roads
ities
ities
ities
ways
trial
ments
comstocks
panies
(Qtly.)

YEAR AND MONTH

Relative to 1913
1913
1914
1915
1916
1917
1918

monthly average
monthly average _
monthly average- __
monthly average. __:.
monthly average
._
monthly average

1919
1920
1921
1922
1923
1924

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average

10O

98
95
111
129
122

100
95
94
117
147
140

99
95
106
105
98

.
10O>
109
105
123
132
129

179
192
188
191
202
214

114
115
110
111
115
120

125
130
117
114
117
121

96
96
96
95
97
101

122
124
122
120
129
132

310
119
192
253

204
107
113
129

153
106
121
148

100
112
117
94

298
129
71
173

171
199
247
127

76
86
145
111

70
97
138
111

85
36
114
124

102
47
178
87

175
261
174
193

83
134
93
97

100
158
72
132

62
96
127
53

82
184
119
71

284
125
216
261

217
110
120
133

162
109
129
152

104
114
122
98

318
136
8G
187

214
207
270
134

81
93
154
114

73
101
144
114

93
89
119
126

110
79
203
98

212
. 269
181
203

87
137
96
101

104
161
74
135

65
98
130
58

92
192
126
89

307
136
225
273

227
114
126
135

167
112
135
156

110
118
126
101

343
145
98
193

222
218
296

86
98
165

77
106
153

97
95
123

123
92
222

100

100

100

100

10O

10O

100

100

100

100

100

100

131
110
72
67
60

114
138
106
86
70

109
90
59
64
69

109
121
99
87
65

144
130
80
61
50

115
144
107
85
58

164
116
93
95
92

124
156
135
113
111

178
118
33
59
16

180
110
40
40
20

101
105
120
134
153

41
108
229
228
197
198

40
55
123
148
117
129

41
103
188
173
226
231

44
62
106
134
117
123

33
77
222
236
183
177

36
50
125
152
117
127

70
228
406
400
140
155

89
109
178
165
106
157

62
161
648
246
646
643

40
100
340
230
480
610

10O
102
66
97
128
118
112
126
94
84
104
106

•

1933

January
February
March
April
May
June
July
August

;

September . . . . . .
October
November
December

216
178
212
225

159
113
126
114

223
160
242
307

141
99
124
110

243
219
217
162

169
120
127
117

97
105
90
142

107
83
122
81

180
126
157
150

115
102
92
99

161
113
185
154

114
99
99
109

198
130
112
137

115
104
89
96

187
161
205
182

111
74
98
85

. _ 126
348
217
226

92
125
128
138

131
570
275
186

92
141
140
140

120
182
180
293

93
119
122
135

128
96
137
148

72
120
144
170

225
158
428
214

158
129
136
128

279
159
703
223

143
113
137
124

204
184
201
195

165
135
124
127

100
65
194
246

120
152
146
169

160
149
161
242

136
120
121
114

166
161
193
289

144
124
118
117

160
155
130
171

131
113
121
110

122
92
152
309

174
156
139
152

150
158
136
198

98
127
124
153

188
151
99
152

102
116
10£
135

106
168
165
283

95
128
128
158

164
152
177
83

117
183
183
187

238
176
149
163

173
134
139
145

115
148
129
126

136
116
122
122

257
220
184
225

189
138
145
154

620
130
106
89

148
183
157
152

162
161
151

132
131
126

175
156
105

113
122
118

165
180
167

138
132
127

106116
265

150
157
154

153

217

465

213

308

280

1,657

1,217

102

98

110

108

1934

January
February
March
April
May
June
July
August

.

September
October
November
December

1,271

883

671

543

273

267

357

^

350

110

100

106
108

1935

January
February
March
April
May
June .
July

.....

557

400

543

370

125

125

October
December
1

For numerical data and complete explanation of sources, etc., see Table 93.




ll

1

149

Table 121.—INDEXES OF PUBLIC FINANCE, GOLD AND SILVER AND SAVINGS
U. S. GOVERNMENT
FINANCES 2

YEAR AND MONTH

Customs
re-

ceipts

Total
ordinary

re-

ceipts

Ordinary

ex-

penditures

MONEY
IN CIRCULATION 2

Total

Per

capita

GOLD

Im-

ports

SAVINGS
DEPOSITS

SILVER

Domestic Rand
Ex- receipts
outports
at
put
mint

»
Price

New

in
New

United
States
postal
savings

ports

ports

Production

York

York
State
savings
banks

100

100

100

100

100

100

100

72
96
90
149
199
249

82
85
112
134
403
381

108
112
111
107
102
85

92
83
110
136
162
186

103
105
111
115
117
129

149
187
282
360
422
406

143
153
162
179
189

411
388
348
333
335

Im-

Ex-

Eelative to 1913

100

100

100

100

101
96
108
156
506
712

101
105
101
273
1,750
2,553

100
101
97
107
114
129
143

100

92
66
67
71
57
58

99
94
101
107
119
131

90
709
1,077
867
97
120

10O
243
34
170
405
45
401

100
105
107
76
68
48

95
103
105
103
96
95

1920 monthly average .
1921 monthly average. _
1922 monthly average..
1923 monthly average. _
1924 monthly average..
1925 monthly average...

101
97
112
177
172
172

925
777
568
554
554
522

893
763
523
510
483
487

159
144
130
141
141
143

145
130
115
123
122
122

673
1,085
432
507
502

351
26
40
31
67

42
54
58
67
61

93
92
80
104
109

246
176
197
208
206

181
82
100
115
175

85
80
83
99
96

169
105
113
109
112

1933
January _
February.
March
April ... ...

175
182
235
203

354
327
1,063
401

443
404
566
528

134
137
138
139

118
120
121
122

618
158
300
173

111
18
136
9

47
49
44
44

104
96
104
101

195
127
155
143

132
42
90
83

93
85
110
119

110
108
113
112

May . .
June
July
August .

198
189
163
160

350
1,046
311
390

528
581
401
388

140
141
140
142

123
123
122
124

869
366
626
619

11
7
7
29

64
47
63
67

107
103
103
105

149
203
337
216

67
68
119
134

123
92
97
95

112
109
105
105

169
195
176
154

880
382
316
956

521
706
424
663

144
144
146
147

126
125
127
128

524
561
749
615

11
17
10
9

72
60
73
61

101
108
107
106

285
232
176
273

155
144
168
182

90
98
88
85

107
106
107
108

182

335
335
334
331

1924
January..
February
March
April

151
189
194
172

304
343
1,072
355

431
345
481
541

139
143
143
141

121
124
124
122

850
661
646
855

4
7
11
18

50
61
56
63

109
104
109
105

200
264
208
131

157
170
160
149

84
106
99
85

106
108
107
107

184
184
187
186

328
332
334
333

May
June
July
August.

171
163
166
172

316
997
324
308

423
476
344
326

143
141
139
142

124
122
120
122

774
474
355
342

8
4
4
31

53
44
61
62

110
100
113
110

189
163
238
236

185
165
176
165

102
88
89
97

no
112
112
115

186
189
189
189

335
334
334
337

188
188
151
151

808
423
290
946

676
530
287
579

143
145
148
148

123
122
128
127

125
371
374
194

60
54
87
619

72
86
72
61

109
113
109
113

237
195
217
196

198
181
180
216

99
101
101
102

116
119
116
114

191
192
192
196

337
338
338
335

177
174
203
168

285
288
996
303

484
267
637
537

141
143
142
140

121
122
121
120

95
68
138
167

961
661
328
282

59
54
61
56

112
103
113
107

246
165
223
165

218
131
161
178

99
91
89
99

114
115
113
112

198
198
201
201

336
337
337
335

158
168
170

277
1,020
323

387
692
406

142
141

121
120

215
83
192

175
88
57

48
48

111
106

113
165
175

125
163
160

94
96

113
116
116

201
204

334
333

1913
1914
1915
1916
1917
1918
1919

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

September
October
November
December

September
October
November
December

1935
January
February
March
Apri .

.

.

__ ,

__ .

May
June
July .
August
October
December
1
2

For numerical data and complete explanation of sources, etc., see Tables 87 and 90.
Annual figures are for fiscal years ending June 30 of year indicated.




eo

331
332
333
333
176

331
331
331
333

150

BY GRAND DIVISIONS
From Europe
YE&lt AND

MONTH

Total

GerFrance many

Italy

United
King'

From From
North South
Amer- Amer-

ica

ica

dom

From
Asia

and
Oce-

From
Africa

ania

GRAND TOTAL

Table 122.—IMPOSTS, BY GRAND DIVISIONS AND CLASSES
BY COMMODITIES
Foodstuffs, Manu? Semi- FinCrude Crude, fac- manuished
Mismaand
tured
cellafae- manuterials food
food- tures
fac- neous
ani- stuffs
tures
mals

Relative to 1913
1913 mo. av*. w
1914 mo. av,__
1915 mo. av_..
1916 mo. av...
1917 mo. av._.
1918 mo. av_._

10O

100

100

100

100

100

100

100

100

100

108
95
112
103
55

113
131
169
224
250

116
163
216
302
308

100
116
193
271
330

100
100
99
133
165
169

100

100
93
109
66
44

100
83
146
261
308
360

100

75
56
78
71
43

100
81
24
S
0
0

100

91
63
73
64
37

99
115
167
209
202

106
110
118
175
156

129
138
171
177
200

81
77
123
159
191

99
71
84
94
98

118
92
134
120
91

1919 mo. av...
1920 mo. av...
1921 mo, av._.
1922 mo. av._ 1923 mo. aVi..
1924 mo. av_>.

87
142
88
115
134
127

89
119
- 102
103
108
106

6
48
44
64
88
76

107
136
113
116
167
136

114
189
88
131
149
135

297
427
194
211
257
255

347
384
149
191
236
235

378
467
207
277
341
310

473
633
170
274
367
305

218
294
140
177
212
201

277
290
141
191
229
204

247
261
13S
150
164
192

280
625
186
195
267
263

179
236
101
161
212
192

119
212
150
162
187
182

179
213
136
129
141
150

1933
January
February
Match
April

144
125
168
147

123
89
131
119

90
68
98
89

186
144
239
159

148
155
218
183

220
232
356
318

251
252
323
281

361
331
369
381

896
472
546
419

220
203
266
244

276
253
287
283

155
155
208
178

189
234
430
365

228
195
258
229

1S6
152
203
181

137
83
87
87

May
June
July
. • -August

142
124
115
117

106
92
85
95

83
79
86
90

125
152
124
122

194
141
124
109

323
276
239
214

299
221
194
176

407
376
344
336

456
278
207
199

249
214
192
184

287
234
212
187

157
134
129
114

363
323
228
200

258 .
220
198
205

190
179
182
196

40
34
29
135

September
October _ _.
November..December

118
147
130
129

91
137
110
114

90
102
87
89

126
201
232
190

115
145
122
128 i

205
268
226
209

168
224
211
225

270
288
321
313

144
144
256
384

170
206
195
193

153
183
194
204

144
185
218
192

202
291
215
166

174
202
179
191

183
214
186
189

337
222
232
264

1934
January
February ..^ .
March
April

122
137
118
116

93
117
114
110

73
83
63
62

130
121
117
15$

136
152 i
126 ;
127 :

231
304
351
290

230
220
272
209

314
351
253
397

592
374
499
356

198
222
215
217

211
230
202
219

177
166
187
192

231
359
407
355

205
235
198
192

1=67
168
171
186

214
190
122
96

May.r
June
July
Atigust

117
111
114
111

97
81
93
96

64
68
81
77

109
103
110
80

115
108
102 :
114

285
246
250
21§

238
232
258
208

317
268
263
256

162
244
149
144

203
183
186
170

206
176
177
16$

204
186
213
171

306
253
245
184

172
171
160
166

179
176
181
195

35
34
60
144

November.* *.«,
December..-.

137
148
136
154

109
122
117
125

86
90
77
83

125
196
173
197

144
161 i
157 i
174

228
231
220
213

185
255
254
269

310
315
307
372

155
209
210
664

192
208
198
223

191
198
224
261

158
231
207
218

233
234
176
169

187
200
187
215

193
205
179
206

378
188
158
177

1935
January
February..^
March
April

143
140
156
136

120
129
122
102

74
79
85
75

184
179
206
217

155
150
177
138 :

239
256
281
287

256
267
354
282

429
346
439
382

638
659
518
511

232
223
258
233

292
255
282
279

207
200
272
199

196
241
284
293

223
224
268
211

181
183
197
181

184
167
196
82

128
123

90
87

62
73

185
200

139
118

274
262

199
224

412
408

240
338

219
218
218

269
257

186
194

242
228

198
208

177
181

42
46

j

September

May
June
July

- *

.

J

* For numerical data aM complete explanation of sources, etc., see Tables 98 and 100.




Table 123.—EXPORTS, BY €tKANI> EMSIONS AND CLASSES
BY COMMODITIES

B¥ &&AM* DIVISIONS
Grand
total
Ta
(inch
To
To
Asia
reNorth South aritf
To
exports)
AmeriUnited
AmeriAfrica
OceanG«r*
ca
Total France many Italy Kingca
ia
dom
TO!§II*OI*$

YEA.R AND MoNfft

Food^
stuffs, Manu- Semi- FinCrude
crude,
fac- manu- ished MisGrand ma- and tured
ceHatotat terials food food- fac- maiiufae- I1«8US
ani- stuffs ia res tures
mals

Relative to 1913

1OO

10O

100

100

100

100

100

(2)

102
203
319
340
349

62
98150
213
207

85
116
226
263
290

100
85
143
221
251
248

100

124
343
385
533
62$

100
88
128
187
178
205

100

45'
3
1
0

100
80
93
154
210
220

10O

111
325
559
611
605

85
14S
221
252
247

64
74
94
102
124

162 .
95
272"
170
249
2QO
249
300
323
434

85
120
230
332
265

100
82
168
338
346
265

100
278
1,514
1, 162
641
233

346
298!
15&
139
140
163

580
439
146
173
177
183

26
88
106
90
90
125

563
473
274192
213
281

386
328
159
145
149
166:

216.
321
188
152
181
181

301
426
187
154
184
215

432
502
311
265
317
323

338
573
252
193
210
243

319
331
181
154
168
185

317
330
179
154
167
184

210
244
128
128
156
173

400
542
409
271
152
231

605
344
207
181
180
177

232
242
101
110
142
154

328
410
208
165
189
203

160
145
97
88
79
81

152
128
132
125

182
108
160
174

89
83
85
90

236
163
196
220

170
145
129
119

156
149
182^
183

175
171
188.
187

240
271
335
274:

186
205
186
296

162
148
1S5
157

162
148
163
156

150
121
125
111

172
192
137
125

188
184
204
188

131
119
139
151

168
165
203
197

132
102
117
70

111
112
102
169

160
154
129
145

78
65
85
79

151
200
140
136

98
112
91
108

208
199
190
198

184
202
193
200

270
292
291
265

201
219
231
200

153
155
146
150

152
153145
149

83
107
95
102

184
151
138
169

182
154
139
158

151
149
149
139

201
202
198
195

45
43
28
23

162
171
175
197

in:

108
112
96
lift

240
292'
278
303

183
181
206
230

196
179
169
160

rra
179
192
157

319
396
405
440

198;
195
193
208

1S4
193
194
206

183
192'
194
208

205
234
250
285

192
154
102
105

172
187
194
210

136
139
14*
154

191
190
182
177

76
85
139
87

162
161
. . _ 136
144

181
156
171
155

140
167
123
112

257
242
200
232

172
151
116
133:

149
154
172
169

196
200
190
206

503
246
327
285

292
226
182
306

191
177
164
168

'191
176
163
165

208
178
134
126

98
99
106
94

219194
184
158

165
152
151
154r

106
195
201
227

95
103
93
67

m

9ff
61
44
66

171
184
124
202

127
105
115
134

177
170
166
189

203
212
191
250

312
282
225
25Q

234
221
206
254

162
148
134
160

160
147
133
159

120
97
87

139
126
138
165

161
153
140
143

226
210
181
212

37
48
47
71

224
266
186
152

199
269
221
244

285
371
365
337

247
258
199
291

207
255
238
215

205
254
238
215

156
150
200
185

260
209
275
294

352
333
340
327

273
221
365
318

216
17$
21$
193

215
192

292
255

259
260

305
267

179
156

1913
1914
1915
1916
1917
1918

monthly av.
100
monthly av .-.-.-.
8£
monthly av...._ 172
254
montlily av_
monthly av—- . 271
monthly a?V-— _ 257

1919
1920
1921
1922
1923
1924

monthly av—- ,
monthly av.— .
monthly av.-.. .
monthly av~- -_
monthly av.— .
monthly av_.w..

1933
January
February
March
Aoril
May
June
July
August

_.

_

_^_

*--. .

September..
October
November
December.

._ .
_

1934
Jaiitiafy
February
March
April
M-ay'
June.
July

.. _ • ... ». . .
-__

September
October
November
December...

May

July
August

:

..-_..

...

„_

166
103
161

:

233

2m

244
219

287
217

151
169
131
173

223
S35
349
430

196
255
256
235

216
178
202
167

228
178
200
172

169
149
175
113

345
352
398
292

230
174
173
149

141
116

160
11$

98
7$

214
1-79

128
116

189
;

1935
January
February
_.
March
April _ _ _

ISO
114
101
125

238
244
234

220

i

.

_.

September..
October
.

±.

* For numerical d^tai arid complete explanation of sources, etc., see Tables 9& and 100*
»Total for yeai?' 1917 is $3>275. No figures for 1918.




1

i

;

•
i
i

,
;

;

100

;

98

75
106
90
224

;

200
254
307
263

462
710
415
280

184
223
203
201

150
161
154
162

194
217
192
187

65
113
131
100

216
179
218
192

263
201
190
131

183
187
220
256

200
171
208
146

176
144
195
184

204
181
263
262

147
94
155
78

178
155
16ft

103
82

238
154

152
159

178
164

250
221

50
39

152
SOURCES OF DATA
CURRENT PUBLICATION *

DATE OF PUBLICATION

I. REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN
Flaxseed exports from Argentina
Employment in Canadian trade-unions...
Operations of Canadian employment service __
CANADIAN DEPARTMENT OF TRADE AND COM- Foreign trade of Canada
Canadian railroad operations
__.
MERCE.
Canadian iron, steel, flour production
Agricultural loans by land and credit banks...
FEDERAL FARM LOAN BOARD
,_.
Wholesale trade and savings for district
__
FEDERAL RESERVE BANK OF ATLANTA .
Savings deposits in First Fed. Res. Dist
FEDERAL RESERVE BANK OF BOSTON..
Savings
deposits
in
Seventh
Fed.
Res.
Dist.-_
FEDERAL RESERVE BANK OF CHICAGO..
Agricultural pumps
Savings deposits in Fourth Fed. Res. Dist
FEDERAL RESERVE BANK OF CLEVELAND...
Wholesale trade and savings for district
FEDERAL RESERVE BANK OF DALLAS
Wholesale trade and savings for district
FEDERAL RESERVE BANK OF KANSAS CITY..
Retail sales of lumber by rural yards
FEDERAL RESERVE BANK OF MINNEAPOLIS..
Farm implement sales. Northwest
Housing rental advertisements
Foreign exchange rates and index
„
FEDERAL RESERVE BANK OF NEW YORK
Savings deposits in Second Fed. Res. Dist
_
FEDERAL RESERVE BANK OF PHILADELPHIA— Savings deposits in Third Fed. Res. Dist
Wholesale trade.
Employment in N. J., Pa., and Del__.
Savings deposits in Fifth Fed. Res. Dist
FEDERAL RESERVE BANK OF RICHMOND
Wholesale trade
FEDERAL RESERVE BANK OF SAN FRANCISCO... Savings deposits in Twelfth Fed. Res. Dist
Wholesale trade
_
Automobile registrations
__
Foreign exchange index numbers
FEDERAL RESERVE BOARD.
Debits to individual accounts
Condition of Federal reserve banks.
Conditions of reporting member banks.__
Money held outside U. S. Treasury and Federal reserve system to July 1,1922.
Wholesale price index numbers
Department store trade; in cooperation with
National Retail Dry Goods Association.
Index numbers of department store, mail order,
and chain store trade.
Barley and rye receipts
Sales of loose-leaf tobacco
Index of ocean freight rates.
Index numbers of production
Wholesale trade
Employment in Illinois
ILLINOIS DEPARTMENT OF LABOR
,
Railway revenues and expenses
INTERSTATE COMMERCE COMMISSION.,
Telephone operating revenue and income
Telegraph operations and income
E xpress operations and income
MASSACHUSETTS DEPT. LABOR AND INDUSTRY.. Massachusetts employment
Milk receipts at Boston
MASSACHUSETTS DEPT. PUBLIC UTILITIES
New York State factory employment and
NEW YORK STATE DEPT. LABOR
earnings.
New Y^ork State canal traffic
NEW YORK STATE DEPT. PUBLIC WORKS
Panama Canal traffic
PANAMA CANAL
PENNSYLVANIA DEPT. LABOR AND INDUSTRY.. Unemployment in Pennsylvania
i
TJ. S. CIVIL SERVICE COMMISSION
_ Government employment
j
U. S. DEPARTMENT OF AGRICULTURE:
Beef, pork, and lamb production.
BUREAU OF ANIMAL INDUSTRY
BUREAU OF AGRICULTURAL ECONOMICS— Prices of iarm products to producers..
Wool stocks in dealers' hands and wool pricesCrop production
ARGENTINE MINISTER OF AGRICULTURE..
CANADIAN DEPARTMENT OF LABOR

FOREST SERVICE.
BUREAU OF PUBLIC ROADS .
U. S. DEPARTMENT OF COMMERCE:
BUBEATJ OF THE CENSUS

Estadistica Agro-Pecuaria
Labour Gazette (Canadian)
Labour Gazette (Canadian).
Foreign trade of Canada
Operating Revenues, etc., of Railways*
Press releases*
_.
„.
Not published currently
_
Business Conditions
Monthly Review
Business Conditions
Business Conditions
Business Review
Business Conditions.
Business Conditions
Business Conditions
Business Conditions.
Business Conditions
Fed. Res. Bull, and daily statement*
Monthly Review
Business and Financial Conditions
Business and Financial Conditions
Business and Financial Conditions
Business and Agricultural Conditions
Business and Agricultural Conditions
Business Conditions
Business Conditions
Business Conditions.
Federal Reserve Bulletin._.
_.
Fed. Res. Bull, and weekly press releases*.
Fed. Res. Bull, and weekly press releases*.
Fed. Res. Bull, and weekly press releases*.
Federal Reserve Bulletin

Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Daily and monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly (2d week of mo.)
Sun. papers and monthly.
Fri. morn, papers and mo.
Fri. aftnoon papers and mo.
Monthly.

Federal Reserve Bulletin..
Federal Reserve Bulletin..

Monthly.
Monthly.

Federal Reserve Bulletin..

Monthly.

Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin....
The Employment Bulletin
Preliminary statement Class I roads
Operations of large telephone companies...
Not published
_
*._
Not published
<r __ w ^_
Monthly statement* fc,_^
Not published..
_
__
Labor Market Bulletin and press releases*.

Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.

Monthly.

Yearly.
Annual report
Last weekly issue of month
The Panama Canal Record
Semimonthly report* (no longer published)
Not published

Monthly supplement.
Monthly supplement.
Monthly supplement.
Releases about 1st mo. (cotton) and 10th (other
crops).
Monthly supplement.
Cold-storage holdings and fish frozen
Crops and Markets
Monthly supplement.
Movement of cattle, hogs, and sheep
Crops and Markets
Receipts of butter, cheese, eggs, and poultry. Crops and Markets
Weekly.
Quarterly.
Production of dairy products
Crops and Markets.
Monthly supplement.
Car-lot shipments of fruits and vegetables
Crops and Markets...
Monthly supplement.
Farm labor, wages, supply, etc
Crops and Markets
Weekly.
Foreign crops and markets*
World crop production
_.
Annually.
Crops and Markets
Livestock on farms
Total lumber production from 1913 to 1920.... Production of Lumber, Lath, and Shingles. Yearly.
Monthly.
Crops and Markets
Index of agricultural exports _
Now published by Bureau of Census
Wool machinery activity, 1918-19
Pulp-Wood Consumption and Wood-Pulp Yearly.
Wood-pulp production, 1914 and 1916..Production.
I Lumber production, 1913 and 1914
Not published currently
Monthly.
.! Federal-aid highways under construction
Public Roads
_
j Wages of common labor, by geog. divs
Not published..
Cotton ginned

Crops and Markets
Crops and Markets
Crops and Markets..
Crops and Markets and press releases*....

Preliminary report on ginnings*

Cotton consumed and on hand
Preliminary report on cotton consumed.
Wool machinery and cotton spindles*
Active textile machinery.
Leather, hides, shoes, gloves, production, etc. Census of hides, skins, and leather*
Leather gloves and mittens
Press release*
C ottonseed and cottonseed oil
Preliminary report on cottonseed*
Hosiery statistics.
_
Pressrelease*
Men's and boys' and work clothing
Pressrelease*..
Malleable castings
Press release*
Wheat flour production from May, 1923
Pressrelease*
_
....
Pyroxylin coated textiles
._ Press release*
Stokers, sales from January, 1923
_ Pressrelease*
_
Stocks of tobacco held
_._
Statement on stocks of leaf tobacco
Wool consumption and stocks
Press release*
Steel barrels
Press release*
Fabricated steel plate bookings
Press release*
_
Box board
Press release*
Electric locomotives
Press release*
Floor and wall tile
Pressrelease*
_
Fire extinguishers
Press release*
* Tbis is not necessarily the source of the figures published in the SURVEY, as many of them are obtained direct from the compilers prior to
Journals. This column and the right-hand column had been added to assist readers in obtaining current statistics between publication dates
 • Multigraphed or mimeographed sheets.



Monthly.
Semimonthly.
Semimonthly.
Monthly.
Monthly.

Semimonthly during season.
15th of month.
20th of month.
First week of month.
30th of month.
18th of month.
30th of month.
30th of month.
30th of month.
30th of month.
30th of month.
20th of month.
One month after end of qtr
30th of month.
30th of month.
20th of month.
30th of month.
One month after end of qtr.
30th of month.
30th of month.
publication in the respective
of the SURVEY.

153
SOURCES OF DATA—Continued
CURRENT PUBLICATION

DATE OF PUBLICATION

I.—REPORTS FROM GOVERNMENT DEPARTMENTS—FEDERAL, STATE, AND FOREIGN—Continued
U. S. DEPARTMENT OF COMMERCE:
BUREAU OF THE CENSUS (Con.).

Babbitt metal consumption
Floor and wall tfle
Enameled sanitary ware
_
Production, stocks, and unfilled orders, indexes
Fats and oils, production, consumption, and
stocks.
Glues, production and stocks

Fabricated struc. steel sales from Apr., 1922...
Automobile production from July, 1921
Wood chemical operations
Steel casting sales
Steel furniture shipments
Locomotive shipments and unfilled orders
Earnings of public utilities
Plumbing goods price index
Architectural terra cotta
BUREAU OF FISHERIES
Fish catch at principal fishing ports
BUREAU OF FOREIGN AND DOMESTIC COM- All imports and exports
MERCE.
Fuel loaded for consumption by vessels
Vessels cleared
Ship charter rates index..
BUREAU OF MINES.
Petroleum, crude and refined, production, etc.
Explosives, production, shipments, etc
Coal and coke production
BUREAU OF NAVIGATION.
BUREAU OF STANDARDS
U. S. PATENT OFFICE
U. S. GRAIN CORPORATION
U. S. DEPARTMENT OF THE INTERIOR:
GEOLOGICAL SURVEY
DIVISION OF NATIONAL PARKS.
U. S. DEPARTMENT OF LABOR:
EMPLOYMENT SERVICE
BUREAU OF IMMIGRATION
,
BUREAU OF LABOR STATISTICS..

U. S. POST OFFICE DEPARTMENT..
U. S. DEPARTMENT OF STATE..
U. S. TREASURY DEPARTMENT.
BUREAU OF THE MINT
BUREAU OF INTERNAL REVENUE.

U. S. WAR DEPARTMENT:
ENGINEER CORPS
MISSISSIPPI-WARRIOR SERVICE ...
WAR FINANCE CORPORATION
WISCONSIN INDUSTRIAL COMMISSION.

Press release*
Pressrelease*
Pressrelease*
Pressrelease*
Statistics of fats and oils*.
Pressrelease*
Press release*.
Press release*.
Press release*.
Pressrelease*.
Press release'
Survey of Current Business.
Press release
Press release*
Monthly statement
Monthly Sum. Foreign Commerce (Pt. I)1.
Not published
Monthly Sum. Foreign Commerce (Pt. II)
Commerce Reports
Petroleum statistics*
Explosive statistics*
Weekly report on production of coal*
Report on Portland cement output*
Commerce Reports

30th of month.
30th of month.
20th of month.
30th of month.
Quarterly (one month after
end of quarter).
30 days after end of quarter.
15th of month.
20th of month.
30th of month.
20th of month.
20th of month.
10th of month.
Monthly.
10th of month.
15th of month.
Last week of month.
Middle of next month.
30th of month.
Monthly.
Second or third weekly
issue of mo.
20th of month.
First weekly issue of
month (Mondays).

Portland cement, production, etc
Vessels under construction, completed, and
lost.
Building material price indexes
Patents granted
Wheat flour production, prior to July, 1920—

Not published
Not published
No longer published

Electric power production
....Consumption of fuel by public utility plants...
Annual data on nonferrous metal production..
Visitors to National Parks

Production of electric power*.
Production of electric power*..
Mineral Resources
Not published

End of month.
End of month.
Annually.
Monthly.

Employment agency operations..

Report of Activities of State and Municipal Employment Agencies.
Not published
--•
Wholesale Prices of Commodities

Every 4 or 5 weeks.

Monthly Labor Review
Monthly Labor Review..
Employment in Selected Industries
Postal Savings News Bulletin
Statement of Postal Receipts*
Not published
Daily Statement of the U.S. Treasury—
Circulation of money
Not published
Not published..
Statement of tax-paid products*

Monthly.!
Monthly.!
Monthly.!
12th of month.
7th of month.
10th of month.
Last day of month.
Monthly.

Immigration and emigration statistics
Wholesale prices of commodities, including
farm products, food, clothing, metals, etc.
Wholesale price index
Retail prices and living indexes
Factory employment, payroll, etc
United States Postal savings
Postal receipts
Passports issued
Government debt, receipts, and disbursements.!
Money in circulation from July 1,1922
!
Domestic receipts of gold at mint
Oleomargarine production
!
Consumption of manufactured tobacco, snuff,
cigars, cigarettes, and oleomargarine.
i
Internal Revenue taxes on specified articles. _ J
Grain alcohol production, stocks, etc
j
Sault Ste. Marie Canal traffic
j
Ohio River cargo traffic
!
Barge traffic on Mississippi River
Agricultural loans
Wisconsin factory earnings and employment ..

First week of month.

Classified collections of Internal Revenue. 25th of month.
Not published
Monthly statistical report..
Not published
Not published in form used
Bulletin on Wisconsin labor market*

Monthly during season
Monthly.
15th of month.

II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS
(Excluding individual firms reporting data to be combined with other firms or trade associations)
ABERTHAW CONSTRUCTION Co
Building costs.
ABRASIVE PAPER AMD CLOTH MANUFACTURERS' Sale of abrasive paper and cloth
EXCHANGE.
ASSOCIATED CORN PRODUCTS MANFRS
Corn ground into starch, glucose, etc
AMERICAN BUREAU OF METAL STATISTICS
Copper, silver, lead, arsenic—production, etc.
AMERICAN ELECTRIC RWY. ASSN
Passengers carried, electric railways
AMERICAN FACE BRICK ASSOCIATION
Face brick production, stocks, etc
AMERICAN NEWSPAPER PUBLISHERS' ASSN
Stocks of newsprint paper
AMERICAN IRON AND STEEL INSTITUTE
Steel ingot production..
AMERICAN IRON, STEEL, AND HEAVY HARD- Hardware sales and accounts
WARE ASSN.
AMERICAN PAPER AND PULP ASSN
Paper and wood pulp production, etc.
AMERICAN PETROLEUM INSTITUTE
Gasoline and kerosene consumption...
AMERICAN RAILWAY ASSOCIATION (Car Service Freight car surplus and shortage
Division).
Car loadings and bad-order cars
AMERICAN TEL. AND TEL. Co
Stockholders in the company
AMERICAN WALNUT MFRS.' ASSOCIATION.
Walnut lumber and logs
AMERICAN WASHING MACHINE MANUFAC- Washing machine sales.
TURERS ASSOCIATION.
AMERICAN ZINC INSTITUTE
Produc. and stocks zinc, retorts operating
ANTHRACITE BUREAU INFORMATION
Anthracite shipments, etc., and mine employment.
ASSOCIATION OF FOLDING Box AND LABEL MFRS. Folding paper boxes and labels, new orders—
ASSOCIATION OF LIFE INSURANCE PRESIDENTS... New life insurance business
Premium collections
Distribution of assets
BOSTON, CAPE COD AND NEW YORK CANAL Co. Cape Cod Canal traffic
,...
* Multigraphed or mimeographed sheets.




Construction trade papers..
Not published
Not published.
Not published.
Aera..
Trends in the Face Brick Industry..
Monthly report
Press release to trade papers*
Monthly report*

Monthly.
Monthly.
Monthly.
7th of month.

Monthly report*
Bulletin
Car Surpluses and Shortages*.
Information Bulletin*
Financial papers
Not published
Not published

Weekly.
Weekly.
Third week of month.
Quarterly.

Press release to trade papers*
_.
Statement of anthracite shipments*.

13th of month.
15th of month.

Not published..
Not published..
Not published..
Not published..
Not published—
i Imports and exports of gold and silver in Part IL,

154
SOURCES OF DATA—Continued
CURRENT PUBLICATION

DATE OF PUBLICATION

II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued
(Excluding individual firms reporting data to be combined with other firms or trade associations)
BOSTON GRAIN AND FLOUR EXCHANGE
BOXBOARD ASSOCIATION
BRIDGE BUILDERS AND STRUCTURAL SOCIETY

Receipts of wool at Boston.
Boxboard production, shipments, etc
Fabricated structural steel sales before April
1922.
BUREAU OF RAILWAY ECONOMICS
Number of tons carried 1 mile
Average receipts per ton-mile
Passengers carried 1 mile
Railway employment
Locomotives in bad order
Per cent of earnings on valuation
CALIFORNIA REDWOOD ASSOCIATION.
Redwood lumber production, etc
CALIFORNIA WHITE AND SUGAR PINE ASSOCIA- Sugar pine lumber production, etc
TION.
CHICAGO BOARD OF TRADE
Wheat, corn, and oats, receipts, etc
CHILDS Co
Restaurant sales
CLEVELAND TRUST Co
Automobile production, monthly, January,
1920, to June, 1921.
Dividends paid on industrial stocks
COMMON BRICK MANFRS., ASSN. OF AMERICA
Common brick shipments, stocks, etc
COMPAGNIE UNIVERSELLE DU CANAL MARITIME Suez Canal traffic
DE SUEZ.
CREDIT CLEARING HOUSE._
Credit conditions
F. W. DODGE CORP
Building statistics—contracts awarded
EMPLOYERS' ASSOCIATION OF DETROIT
Detroit factory employment
ENAMELED SANITARY MFRS. ASSOCIATION
Enameled sanitary ware
FELT MANUFACTURERS ASSOCIATION
Roofing felt production, stocks, etc
FINE COTTON GOODS EXCHANGE
Fine cotton goods production and sales
FIRE EXTINGUISHER EXCHANGE
Shipments of fire extinguishers to Sept., 1923
Foundry equipment production
FOUNDRY EQUIPMENT MFRS. ASSOCIATION
HARDWOOD MANFRS. INSTITUTE
Stocks and unfilled orders hardwood lumber-.
HAFFARDS, G. M., & Co
Fall River Mill di vidends
HYDRAULIC SOCIETY
Hydraulic machinery shipments, etc
ILLUMINATING GLASSWARE GUILD
Illuminating glassware production, orders, etc
JACKSONVILLE CHAMBER OF COMMERCE
Turpentine and rosin receipts
JONES BROS. TEA Co
Sales.
LAKE SUPERIOR IRON ORE ASSOCIATION
Consuinp., stocks and shipments, iron ore
Sales of leather belting
LEATHER BELTING EXCHANGE
Life insurance sales
LIFE INS. SALES RESEARCH Bu
MAPLE FLOORING MANFRS. ASSOCIATION. _
Maple flooring production, etc
MCLEAN BUILDING REPORTS, LTD
C anadian building contracts
MERCHANTS' EXCHANGE OF ST. Louis
Mississippi River traffic
MINNEAPOLIS CHAMBER OF COM
Linseed oil and oil-cake shipments
NATIONAL ALLIANCE OF CASE GOODS ASSOCN
Unfilled orders and shipments of furniture
NATIONAL Asso. OF BRASS MFRS
Brass faucets, orders and shipments
NATIONAL Asso. OF BUTTON MFRS..
Button stocks, activity, etc
NATIONAL Asso. OF CHAIR MFRS....
Chair shipments and unfilled orders
NATIONAL ASSOCIATION OF FARM EQUIPMENT Agricultural pumps
MANUFACTURERS.
NATIONAL ASSOCIATION OF FINISHERS OF COTTON Finished cotton goods, billings, orders, shipments, and stocks.
FABRICS.
NATIONAL ASSOCIATION OF PIANO BENCH AND Production, shipments, and unfilled orders of
piano benches and stools.
STOOL MANUFACTURERS.
NATIONAL ASSOCIATION OF REAL ESTATE Real estate conveyances
BOARDS.
NATIONAL ASSOCIATION OF STEEL FURNITURE Steel furniture shipments
MANUFACTURERS.
NATIONAL ASSOCIATION OF SHEET AND TIN Steel sheets, production, stocks, etc
PLATE MANUFACTURERS.
Active wool machinery to 1918
NATIONAL Asso. OF WOOL MFRS
NATIONAL AUTOMOBILE CHAMBER OF COM- Production and shipments of passenger cars
and trucks.
MERCE.
NATIONAL CONTAINER ASSOCIATION
Produc. of paper box board since April, 1923
Credit conditions
NATIONAL ELECTRICAL CREDIT Association
Cost of living, wages and hours of labor
NAT. INDUS. CONFERENCE BOARD
NATIONAL MACHINE TOOL BUILDERS' ASSOCIA- Machine-tool orders, etc
TION.
NATIONAL PAVING BRICK MANUFACTURERS' Paving-brick production, etc
ASSOCIATION.
NATIONAL RETAIL DRY GOODS ASSOCIATION... Department store trade (see Fed. Res. Bd.)._.
NATIONAL WOOD CHEMICAL ASSOCIATION
Wood chemical operations through June, 1924.
Rice distribution through New Orleans
NEW ORLEANS BOARD OF TRADE
Cotton receipts into sight
NEW ORLEANS COTTON EXCHANGE
Canadian newsprint production, etc _ .
NEWS PRINT SERVICE BUREAU
United States newsprint data since June, 1923..
NEW YORK COFFEE AND SUGAR EXCHANGE — Coffee receipts, stocks, etc...
NEW YORK METAL EXCHANGE
Stocks of tin
NEW YORK TRUST COMPANY
_. Indexes of stock and bond prices
NORTH CAROLINA PINE ASSOCIATION
North Carolina pine, production, etc
NORTHERN HEMLOCK AND HARDWOOD MANU- Hemlock and hardwood lumber production,
FACTURERS' ASSOCN.
etc.
NORTHERN PINE MANFRS. ASSOCN......
Northern pine lumber and lath
OAK FLOORING MANFRS. ASSOCN
Oak flooring, production, etc
OHIO STATE FOUNDRYMEN'S ASSOCN...
Ohio foundry iron production, etc
_
OPTICAL MANUFACTURERS' ASSOCN
_. Spectacle frames and mountings, sales, etc
PACIFIC CANNED FISH BROKERS' ASSOCIATION... Shipments of canned salmon
Stockholders in the company
PENNSYLVANIA RAILROAD Co
Turpentine and rosin receipts
PENSACOLA CHAMBER OF COMMERCE
PORTLAND ASSN. OF BLDG. OWNERS AND Rental advertisements, Portland, Oreg.
MANAGERS.
Cement paving contcts
PORTLAND CEMENT ASSOCIATION
Shipments of prrapared roofing
.
PREPARED ROOFING MANFRS. ASSOCN
" Multigraphed or mimeographed sheets.




Trade papers _ _
Not published _ _
No longer published-

Daily.

Summary of operating statistics..
Not published
Summary of operating statistics.
Not published. _
_
Not published
_
Not publishedNot published
_
Not published

Monthly.

Trade papers
Monthly report
Not published currently_

Daily.
Monthly.

Bulletin
Monthly report
Le Canal de Suez
Credit-_
Statement on Building Statistics
Weekly press release
Not published
Not published
Trade papers
Not published
Monthly report
Bradstreet's
Not published
Not published
Naval Stores Review _
Financial papers
Monthly report *
Monthly report (not published)
Monthly release
Not published
Canadian Building Review
Not published
Monthly statements
Not published in form used
Not published
Weekly report. _
Not published in form used
Business conditions (Chicago Federal
Reserve).
Not published

Monthly.

Quarterly.
5th, 15th, and 25th of mo.
Weekly.
Monthly.

Monthly.
Quarterly.
Weekly.
Monthly.
18th of month.
Monthly.

Weekly.
Monthly.

Not publishedBulletin
Not publishedNot publishedNo longer published
Traffic bulletin* (production figures not
published).
Not published
Not published
Monthly press release
Not published

Second week of month.
21st of month.

Monthly report
Federal Reserve Bulletin..
Not published._.
Monthly report
Monthly report
Monthly bulletin
Monthly bulletin
Monthly statement
Trade papers
The Index
Not published
Not published
Not published
Not published
Monthly report* (not published).
Not published.
Not published
Financial papers
Naval Stores Review
Not published.
Concrete Highway Magazine.

Monthly.
First Week of month.
First week of month.
First Week of month.
First week of month.
Monthly.

Monthly.
Quarterly.
Weekly.
Monthly.

155
SOURCES OF DATA—Continued
DATE OF PUBLICATION

CURRENT PUBLICATION

II.-REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued
(Excluding individual firms reporting data to be combined with other firms or trade associations)
Pullman passenger traffic and operations
Not published
_
PULLMAN COMPANY
_.
REFRACTORIES MANUFACTURERS' ASSOCIATION.. Fire-clay brick production, etc
Not published
Silica brick production, etc
Not published
RICE GROWERS ASSOCIATION OF CALIFORNIA Receipts, stocks, and shipments (California Not published
mills). f
Monthly report
Rice receipts, stocks, etc
RICE MILLERS' ASSOCIATION
Shipments of rope paper sacks
ROPE PAPER SACK MANFRS. ASSOCN
Not published
. _
Automobile tires, tubes, rubber heels, rubber Monthly reports (not published)
RUBBER ASSOCIATION OF AMERICA .
proofed fabrics, reclaimed rubber, arid raw
material.
Rubber stocks in England
Bulletin of Rubber Growers' Association..
RUBBER GROWERS' ASSOCIATION
Shipment of sales books ,
Not published
. __
SALES BOOK MFRS. ASSOCIATION .
Turpentine and rosin receipts
Naval Stores Review
SAVANNAH BOARD OF TRADE
Not published in form used
SAVINGS BANK ASSOCIATION OF STATE OF Savings banks deposits in New York State
NEW YORK.
Raw silk consumption, machinery activity, etc. Monthly press release to trade papers*
SILK ASSOCIATION OF AMERICA
1
Furniture shipments and unfilled orders
Not published in form used
_
SOUTHERN FURNITURE MFRS. ASSOCIATION
Yellow pine production and stocks
Not published in form used
SOUTHERN PINE ASSOCIATION
Steel barrel capacity operations through 1923 _ . . Monthly reports* (not published)
STEEL BARREL MANFRS ASSOCN
Sales of steel castings
Not published
STEEL FOUNDERS' SOCIETY
Sales of stokers through December, 1922
No longer published
_
STOKER MANUFACTURERS' ASSOCN
Sales of fabricated structural steel
Not published
STRUCTURAL STEEL SOCIETY
Leather production through May, 1922
Not published- .
TANNERS' COUNCIL
Semiweekly reports
_
Tubular plumbing sales
TUBULAR PLUMBING GOODS ASSOCN
Milk production, Minnesota
Not published
_
*
TWIN CITY MILK PRODUCERS' ASSOCN
Unfilled orders
Pressrelease*
_. . ._
U S STEEL CORPORATION
Earnings
Press release*
Financial papers
__ . _ .
Stockholders
Special reports* . ._
..
Wages of common labor
Printing activity
Typothetae Bulletin
UNITED TYPHOTHETAE OF AMERICA
Restaurant sales
Monthly press release*
WALDORF SYSTEM, INC
Douglas fir lumber production, etc
Not published
WEST COAST LUMBERMEN'S ASSOCN
Not published
WEBBING MANUFACTURERS' EXCHANGE
Sales of elastic webbing
Not published
WESTERN PINE MANUFACTURERS' ASSOCIATION Western pine lumber production, etc
SOURCE

DATA

Monthly.
Weekly.
5th of month.

10th of month.
Monthly.
Quarterly.
Occasionally.
Monthly.

DATE OF PUBLICATION

III.-REPORTS FROM TECHNICAL PERIODICALS
AMERICAN METAL MARKET.
THE ANNALIST
THE BOND BUYER.
BRADSTREET'S.
CHEMICAL AND METALLURGICAL ENGINEERING.
COAL AGE..
COMMERCIAL AND FINANCIAL CHRONICAL
DAILY NEWS RECORD
_
Dow, JONES & Co. (WALL STREET JOURNAL).
DUN'S REVIEW
ELECTRICAL WORLD
_
ENGINEERING AND MINING JOURNAL-PRESS..
ENGINEERING NEWS RECORD
FINANCIAL POST
HAY TRADE JOURNAL
IRON AGE..
IRON TRADE REVIEW

__

_

JOPLIN GLOBE
LLOYDS'
_
LONDON TIMES
LUMBER MANUFACTURER AND DEALER..
MILK REPORTER
NAVAL STORES REVIEW.._
NEW YORK JOURNAL OF COMMERCE
NEW YORK EVENING POST.
NORTHWESTERN MILLER
OIL, PAINT, AND DRUG REPORTER..
OIL TRADE JOURNAL
PRICE CURRENT GRAIN REPORTER
PRINTERS' INK
_
PUBLISHERS' WEEKLY
_.
RAILWAY AGE
._
RUSSELL'S COMMERCIAL NEWS
_
STATISTICAL SUGAR TRADE JOURNAL
WORLD POSITION OF RUBBER (BRITISH) .




Composite pig iron and steel prices
New York stock sales
_
New York closing stock prices
Foreign exchange rates, 1914 to 1918
_
State and municipal bond issues
Municipal bond yields..
Visible supply of wheat and corn
_
Bank clearings, United States and Canada
Wholesale price index.__
Business failures, Canada
Chemical price index
_
_
._
Mine price of bituminous coal
Cotton (visible supply) and interest rates
Mail order and chain store sales
._
__^
Interest Rates
_
New corporate securities
Fairchild cotton goods index
New York bond sales and prices.
Mexican petroleum shipments
_
Business failures and wholesale price index
Sales of electrical energy, central stations
Rand gold production; tin, lead, zinc, copper, and
silver prices.
Construction cost and volume index
Canadian bond issues
Hay receipts
Pig-iron production, furnaces in blast, etc
Composite finished steel price
Iron and steel prices
Railway freight car orders
Shipments, etc., zinc and lead ore, Joplin dist...
World shipping construction
_
Fire losses in Great Britain
.__
Price indexes of lumber
Milk receipts at Greater New York
Turpentine and rosin, receipts and stocks. „
Dividend and interest payments
New capital issues and new corporations
Fire losses
_
Newspaper advertising
Flaxseed, receipts, etc
Wheat flour production for 1917
Price indices-of drugs, oil, etc
Argentine visible supply of flaxseed
Mexican petroleum shipments
Receipts and shipments
Magazine advertising
Book production.
_
Equipment orders.
Wheat flour production, from July, 1920
Sugar stocks, receipts, meltings, and Cuban statistics
World shipments and stocks, plantation rubber

First or second week of month (daily).
First weekly issue of month (Fridays).
Weekly (Fridays).
Weekly (Fridays).
First weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Weekly (Saturdays).
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Weekly (Wednesdays).
Weekly (Thursdays).
Weekly (Saturdays).
Second or third weekly issue of month (Saturdays).
Weekly.
Last issue of month.
First week of month (daily).
20th of month (daily).
First weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month.
Weekly (Thursdays).
Weekly (Fridays).
First weekly issue of month (Thursdays).
Weekly (Thursdays).
Weekly (Thursdays).
First weekly issue of month (Thursdays).
First weekly issue of month (Fridays).
Weekly.
Weekly (Saturdays).
First week of month (daily).
First week of month (daily).
10th of month (daily).
Not published.
Weekly (Wednesdays).
Weekly (Mondays).
Weekly (Mondays).
10th of month (monthly).
Second week of month.
Third week of month.
Weekly compilation (daily).
Weekly (Fridays).

GENERAL INDEX
Page numbers refer to data in detailed tables for . 29-151) only. Items in the text are arranged in groups which should make
references easy without the necessity of an index. S )e also "Table of Contents," page 1.
Page

Page

Abrasives, paper and cloth
61
Acetate of lime, production, shipments, etc
74
Active textile machinery
34, 37
Advertising, magazine and news- .
paper
105
Agriculture:
Production, index numbers
29
Price indexes
32
Agricultural implements:
Patents granted
44
Sales, Northwest
48
Agricultural loans
122
Agricultural pumps, shipments
44
American Telephone & Telegraph
Co., stockholders
123
Animal fats, greases, and derivatives,
production, consumption and
stocks
75
Animal glues
75
Animal products:
Price index.
32, 142
Production, index numbers. _ 29, 142
Apples:
Production (crop estimate)
78
Stocks and shipments
82
Architectural terra cotta
71
Argentina:
Flaxseed and grain, exports, visible supply
77
Foreign exchange rates
124,125
Arsenic, crude and refined
48
Automobiles:
Foreign assemblies
45
New car registrations
45
Production and exports
45, 145
Taxes
45
Tires and tubes
57

Boxes, paper, production, etc
59
Bradstreet's price index
31
Brass faucets, orders and shipments. 46
Brazil:
Coffee, receipts and clearances
89,143
Foreign exchange rates
124, 125
Brick production, stocks, etc- 70, 71, 139
British
India—foreign exchange
rates
124, 125
Building:
Contracts awarded, Canada
129
Contracts
awarded, United
States
63
Cost and volume indexes
62
Building materials:
Price indexes
31, 62, 139
Unfilled order index
30
Burlap, imports
38
Business failures:
Canada
130
United States
121, 148
Butter, production, receipts, etc
87
Buttons, pearl, production and stocks 62

Babbitt metal, consumption
48
Bad-order cars
96
Bad-order locomotives
95
Banks:
Clearings, Canada
130
Clearings, condition, debits, and
interest rates
119, 147
Failures
121
Farm loan
__
122
Savings deposits
118, 149
Barley:
Exports
81, 139
Production, (crop estimate)
78
Receipts
81, 139
Wholesale price
81, 139
Barrels, steel
42
Basic commodities, index numbers__ 29
Baths, enamel, orders, etc
69, 140
Beef, consumption, cold-storage
holdings, exports,
production,
and prices
85, 142
Belgium, foreign exchange rates- 124, 125
Belting, leather, sales
55
Benches, piano
68
Bonds:
Canadian issues
130
Held by life insurance companies 117
New issues
146
Prices, sales, and yields
120, 147
Books, publication
58
Boots and shoes:
Exports and prices
55, 137
Production
55
Boston:
Milk receipts
87
Wool receipts
34, 132
Boxboard:
Production, receipts, etc
59
Book paper
60



California redwood lumber, production, shipments, etc
65
California white-pine lumber, production, shipments, etc
65
Canada:
Bank clearings, bonds, and
business failures
130
Bond issues
130
Buildings
129
Coal production
129
Employment
129
Exports of key commodities and
foreign trade
130
Foreign exchange rates
124, 125
Iron and steel production
129
Newsprint paper
129
Oats, grinding and production.. 81
Paper
129
Pig iron
129
Railroad operations
130
Steel ingots, production
129
Wheat, ground, production
79
Canals, traffic through
92
Candy, sales
106
Cape Cod Canal, traffic
92
Capital issues and conveyances, internal revenue taxes
109
Capital stock transfers, internal
revenue taxes
109
Cars, railroad:
Loadings, shortage, and surplus. 93
New orders
97
Shipments, orders, installations,
etc
96,145
Castings:
Malleable
42
Steel
41, 134
Cattle:
Receipts, shipments, and slaughter
83,142
Wholesale prices
83
Cement production, stocks, shipments, and prices
72, 139
Cereals:
Exports
80, 81, 82
Production, United States
78
Receipts, visible supply, etc.. 80, 81
Chain stores, sales
106
Cheese:
Exports from Canada
130
Production, receipts, prices, and
holdings
87
(156)

Page

Chemicals:
Exports, imports, and prices. 74, 140
Price index
31
Production, stocks, and wood
consumption
74
Childs Co., restaurant sales
109
Chile, foreign exchange rates
124, 125
Cigars and cigarettes:
Consumption
90
Sales, chain stores
106
Citrus fruits, car-lot shipments
82
Clay products
70
Clearings, bank:
Canada
i
130
United States
119
Clothing:
Cost index numbers 31,33
Production, stocks, etc
35
Coal:
Canada, production
129
Consumption by vessels and electric power plants
49
Exports from United States
136
Loadings
93
Prices, production, stocks, exports, etc
49,136
Retail price
33
Coconut oil, production, stocks, etc. 76
Coffee, imports, stocks, and Brazilian
movements
89, 143
Coke, production, exports, and prices
49, 136
Cold-storage holdings:
Apples
82
Butter and cheese
87
Eggs, poultry, and
fish
87, 89
Meats
__
84,85
Commodity prices
32
Concrete pavements, contracts
72
Condensed and evaporated milk
86
Condition, banks
119
Construction, building:
Canada, contracts
129
Contracts awarded
63
Cost and volume indexes
62
Consumers' prices
32
Copper, domestic shipments
46
Copper, exports, prices, and production
46, 135
Copra oil, consumption and stocks. 75, 76
Corn:
Exports
80, 141
Production (crop estimate)
78
Receipts, shipments, grindings,
exports, and visible supply. 80, 141
Wholesale price
80, 141
Corn oil, production, consumption
and stocks
75, 76
Corporate securities, new issues:
Canada
130
United States
122
Cost of living
33
Costs, building construction
62
Cotton:
Consumption, receipts, exports,
imports, etc
36, 131
Prices
32, 39, 131
Spindles, activity, etc
37
Cotton fabrics:
Cloth exports
37
Consumption by tire manufacturers
57
Fine goods, production and sales. 37
Prices, wholesale, print cloth and
sheetings
.__ 39, 131
Cotton goods, finished, billings, shipments, etc
37,39
Cotton yarns, wholesale price
39

157
GENERAL INDEX—Continued
Page numbers refer to data in detailed tables (pp. 29-151) only. Items in the text are arranged in groups which should make
references easy without the necessity of an index. See also " Table of Contents," page 1.
Page
Cottonseed, stocks
77
Cottonseed oil:
Production, consumption, and
stocks
76,77
Wholesale price
77
Credit conditions by trades:
Electrical hardware
114
Textile
114
Crops:
Cotton
__ 36
Food, production and value
78
Prices, index numbers
131
Production, index numbers
29
Tobacco
90
Crude petroleum, consumption, production, stocks, etc
50
Cuba, sugar movement
88
Customs, receipts
115
Dairy and poultry products
32, 87
Debits to individual accounts
119
Debt, United States Government
115
Delaware, employment
100
Delinquent accounts, electrical trade- 114
Department stroes:
Sales
110
Stocks, value of
111
Detroit, employment
100
Dividends, Fall River textile mills. 38, 131
Dividends and interest payments- 77, 121
Douglas-fir lumber, production, shipments, orders, etc
64
Dress goods, wholesale price
. - 39
Drugs:
Sales, chain stores
106
Wholesale trade
112
Dry goods, wholesale trade
114
Dun's price index
31
Dyes and dyestuffs, exports from
United States
73
Earnings:
Express companies
94
Gas and electric companies
98
Labor
102
Public utilities
98
Railroads
94
Telegraph and telephone companies
98
United States Steel Corporation
41,134
Eggs, receipts and cold-storage holdings
87
Elastic webbing, sales
38
Electric locomotives, quarterly shipments
95
Electric power, production, sales, and
earnings
98
Electric railways
98
Electric trade, delinquent accounts.. 114
Emigration
97
Employment:
Agencies, State and municipal
100-102
Anthracite mines
99
Canada
129
Factory, by industries
99
Factories
100
Federal.
_
99
Railroad—
99
Enameled ware, orders, shipments,
and stocks
69, 140
Engines, internal-combustion, patents granted
44
England. (See United Kingdom.)
Equipment, foundry, orders, sales,
and shipments
44
Essential oils, wholesale price index. - 73
Expenditures, United States Government
115




Page

Page

Explosives, production, shipments,
stocks, and sales
73
Exports. (See Foreign trade and individual commodities.)
Express earnings, revenues, and incomes
94
Fabricated steel plate, bookings
43
Fabricated structural steel, bookings
and shipments
43, 134
Fabrics, rubber-proofed
57
Face brick
70
Factories, employment in
100
Failures, business:
Canada
130
United States
121
Fall River, textile mill dividends. 38, 131
Farm implements:
Patents granted
44
Sales, Northwest
48
Farm mortgages, held by life insurance companies
1
117
Farm products:
Price indexes
31, 32
Production indexes
31
Farm wages
101
Faucets, brass, orders and shipments. 46
Fats, animal, grease and derivatives. 75
Federal-aid highways
72
Federal farm loan banks, condition
of
122
Federal intermediate credit banks,
loans..i__.
122
Federal reserve banks, condition of.. 119
Federal Reserve Board:
Foreign exchange index numbers. 124
Production indexes
29
Fed*eral Reserve districts:
Department store stocks
110
Chain-store sales
106, 107
Savings deposits
118
Wholesale trade index numbers. 113
Felt roofing, production, stocks, and
receipts
68
Fertilizer exports
73, 140
Fiber imports
38
Fine paper and all other grades
60
Finished cotton goods, billings, orders
operating activity, etc
37
Fire losses
62
Firearms and shells, internal-revenue
taxes
109
Fire-extinguishers, shipments
48
Fish, catch, and cold-storage holdings
89, 142
Fish oil, production, consumption,
and stocks
76
Five and ten-cent store sales
109
Flaxseed:
Consumption and stocks
75
Exports and visible supply, Argentina
77
Receipts, s h i p m e n t s , and
stocks
77,140
Flooring production, shipments, etc_ 67
Floor and wall tile
71
Flour, wheat, production, consumption, and stocks, etc
79, 80
Food:
Exports
127, 128, 151
Imports
126, 128, 150
Retail prices
31
Wholesale prices
30
Stock index
30
Foreign countries—Price comparisons
124, 125
Foreign exchange rates and index
numbers
124, 125

Foreign trade:
Canada
United States exports

79,130
79,
127, 128, 151
United States imports. 125, 128, 150
Vessels in U. S. ports
91, 144
Forest products:
Car loadings
93
Price index
32
Production index numbers
29
Foundry equipment, orders, sales,
and shipments
44
Foundry iron, Ohio, stocks, meltings,
and receipts
42
France, foreign exchange rates. _ 124, 125
Freight cars:
Bad-order, loadings, shortage
and surplus
96
New orders
145
Shipments, installations, retirements, etc
96
Freight rates, ocean
91
Fruits and vegetables, farm prices . _ 32
Fruits, car-lot shipments
82
Fuel:
Consumption by public-utility
plants
49
Consumption by vessels
49
Cost of, index numbers
31, 33
Furnishings, cost of, index numbers. 33
Furniture, household, shipments,
new and unfilled orders
68
Furniture, steel, shipments
43

Gas and electric companies, earnings
98
Gas and fuel oils, consumption, production, stocks, and prices
52
Gasoline, consumption, exports,
price, production, stocks, etc
51
Glassware, illuminating
62
Gold, receipts, exports, imports, and
Rand output
115, 149
Government finances, debt, etc
115
Grains:
Exports, receipts, prices, etc. 81, 139
Farm price indexes
32
Loadings
93
Production (crop estimates)
78
Receipts and shipments
81
Grease, • production, consumption,
and stocks
75
Great Britain. (See United Kingdom).
Groceries:
Sales, chain stores
106
Wholesale trade
112
Hardware, wholesale trade
113, 114
Hardwood lumber production, stocks,
and unfilled orders
66
Hay:
Production (crop estimates)
78
Receipts
81
Heels, rubber
57
Hides and leather:
Imports and prices
53, 137
Stocks
53
Highway construction, Federal aid.. 72
Hogs:
Receipts, shipments, and slaughter
83,142
Wholesale prices
83
Hosiery, production, s h i p m e n t s ,
stocks, new and unfilled orders
35
Hours worked by labor
103
House furnishings, price index
31
Household furniture
31, 68

158
GENERAL INDEX—Continued
Page numbers refer to data in detailed tables (pp. 29-151) only. Items in the text are arranged in groups which should make
references easy without the necessity of an index. See also " Table of Contents/' page 1.
Page
Housing:
Construction
Cost of, index numbers
Rental advertisements

63
33, 62
62

Ice cream, production
87
Illinois, employment and earnings.- 100
Illuminating glassware, production,
etc
62
Immigration
97
Imports. (See Foreign trade and
individual commodities.)
Incorporations, new
147
Indebtedness, wholesale trade
114
India. (See British India.)
Industrial corporations:
Dividend payments
121
Stocks and bond prices
120
Insurance, life:
Assets
117
New business and premium
collections
116, 117, 146
Interest rates
119, 147
Internal-revenue taxes:
Automobiles
45
Firearms, jewelry, t h e a t e r s ,
bonds, stocks, etc
109
Iron and steel. (See also Pig iron
and steel:
Crude steel, production, stocks,
prices, etc
— 40
Exports and imports
43, 134
Malleable castings
42
Pig iron, production, stocks,
prices, etc
40
Railway equipment
95, 96, 97
Unfilled order index
30
Vessels, construction
91
Iron, foundry, Ohio
42
Iron ore, movement, receipts, consumption, and stocks
40
Shipments
133
Issues', new capital
122
Italy:
Foreign exchange
125
Price index
124

Page
Life insurance:
Assets, loans, sales, etc
117
New business and premium collections
116,146
Linseed oil:
Production, consumption, and
stocks
76
Shipments
77,140
Linseed-oil cake, shipments
77, 140
Livestock:
Loadings
93
Prices, index numbers
83, 142
Receipts, shipments, and slaughter
83
Living, cost of
33
Loadings, freight cars
93
Loans:
Agricultural
122
Banks
119
Life insurance
116
Locomotives:
Bad-order, exports, shipments,
orders, installations, etc
95, 145
Losses,
fire
62
Lubricating oil, production, stocks,
consumption, and price
52
Lumber, production, exports, stocks,
prices, etc
64, 67, 138

Page
New security issues
122, 147
Newspaper advertising
105
Newsprint paper:
Canada, production
129
Production, consumption, shipments, stocks, imports, exports, and prices
58, 138
New York city, milk receipts
87, 142
New York State:
Canal traffic
92
Employment and earnings- 100, 102
Savings-bank deposits
118
New York Stock Exchange sales- 120, 147
Nitrate of soda, imports
73, 140
North Carolina pine lumber, production and shipments
64
Northern hardwoods, production and
shipments
66
Northern hemlock lumber, production and shipments
65
Northern pine lumber, production,
shipments, etc
65

Oak
flooring
67, 138
Oats:
Exports
81, 139
Production (crop estimate)
78
Receipts and visible supply. _ 81, 139
Wholesale price
81, 139
91
McCrory Stores Corporation, sales. _ 108 Ocean transportation
Machine tools, new orders
44 Ohio, foundry iron, stocks, receipts,
etc
42
Machinery
44
92
Machinery activity, textile mills- 34, 131 Ohio River, cargo traffic
Magazines, advertising
105 Oils:
Essential, wholesale price index._ 73
Mail-order houses, sales
105
Fuel, consumption by vessels
52
Malleable castings, production, shipPetroleum and products
52
ments, and orders
42
Vegetable and
fish
76
Manufactures:
50,133
Exports
128, 151 Oil wells completed
Imports
* 128, 150 Oleomargarine, production and consumption
77, 140
Index of stocks
30
82
Production, index numbers
29 Onions, car-lot shipments
62
Maple
flooring
67 Optical goods, sales, etc
Orders, new. (See individual comMassachusetts, employment and
modities.)
earnings
100 Orders,
unfilled, index (see also indiMeats:
vidual commodities)
31
Farm prices
32 Ore, car loadings (see also Iron ore)_93, 133
Japan:
Wholesale trade
105 Owl Drug Co., sales
109
Foreign exchange rates
125
Production, cold-storage holdPrice index
124
ings, etc
85,142 Panama Canal, traffic
92
Jewelry, watches, and clocks, interMen's and boys' clothing, producPaper:
nal-revenue taxes
•
109
tion
35
Boxes, labels, wood pulp
61
Jobs, registered and applicants for__ 101 Metals and minerals:
Boxes, operating time, and proJoint-stock land banks, loans
122
Price index
31
duction
59
Production index numbers
29
Newsprint, production, etc
58, 60
Kerosene oil, production, consumpMethanol, production, shipments, exParks, National, visitors
97
tion, stocks, etc
51
ports, stocks and price
74 Passenger cars, railroad, new and
Knit underwear, production, shipMexico, petroleum shipments and
unfilled orders, shipments
97
ments, etc
35
stocks
50
issued
97
Kresge, S. S., Co., sales
108 Milk, production, receipts, etc__ 87, 142 Passports
Patents granted
44
Kress, S. H., & Co., sales
108 Minerals:
Paving brick, production, shipments,
Price index numbers
32
stocks, etc
72
Production
index
numbers
29
Labels, paper, orders
61
Payments, dividend, and interest. 121,148
Minneapolis,
milk
production
87
Labor:
Payroll, New York and Wisconsin
92, 144
Earnings and hours
102-104 Mississippi River, cargo traffic
factories
100
Money
in
circulation
149
Employment and wages
101
Peanut oil, production, consumption,
Montgomery Ward & Co., sales
105
Lamb, cold-storage holdings, proand stocks
76
duction, etc
85, 142 Municipal securities:
Peanuts, hulled, consumption, stocks. 75
Canadian issues
130 Pearl buttons, production and stocks- 62
Land banks, loans
122
New issues
122,147 Pennsylvania employment
Lavatories,
enamel,
shipments,
100
Yields
120, 147 Pennsylvania Railroad Co., stockorders, etc
69
Music sales, chain stores
106
Lead, production, receipts, shipholders
123
ments, prices, etc
47, 135
Penny, J. C., Co., sales
109
National parks, visitors
97 Petroleum, crude, production, conLeather:
68
Exports, prices
54, 137 Naval stores, receipts, and stocks
sumption, stocks, etc
133
Petroleum products
52
Production and stocks
55 Netherlands, foreign exchange rates
124, 125 Piano benches and stools
Gloves and mittens, cut
55
68
New auto registrations, Pacific coast. 45 Pig iron:
Sole and belting, upper, harness,
122, 149
Prices, production, etc
133
and skivers
54, 137 New incorporations
 Boots and shoes- . _
100
Production, Canada
129
_ 55,137 New Jersey employment


159
GENERAL INDEX—Continued
Page numbers refer to data in detailed tables (pp. 29-151) only. Items in the text are arranged in groups which should make
references easy without the necessity of an index. See also " Table of Contents," page 1.
Page
Page
Plumbing fixtures, price index, sales. _ 46 Raw materials—Continued.
Production index
,
29
Policy loans, life-insurance comPrice index
^
32
panies
„
. _ _ -.
117
Real-estate conveyances
62
Pork products, consumption, hold115
ings, exports, production, etc__^ 84, 142 Receipts, U. S. Government
45
Postal money orders
105 Registrations, automobiles
62
Postal receipts
105 Rent, advertisements
109
Postal savings
118 Restaurants, sales
Potash, imports
73, 140 Retail prices:
Coal
33
Potatoes:
Food
33
Car-lot shipments
82
107-109
Production (crop estimate)
78 Retail trade
Rice:
Poultry, receipts and cold-storage
Exports, imports, receipts, shipholdings
89
ments, and stocks
82, 143
Power, electric, production and sales _ 98
Production (crop estimate)
78
Prepared roofing, shipments
68
River traffic
92
Prices:
72
Brick
:
71, 139 Roads, Federal aid construction
Butter and cheese
87 Roofing, production, stocks, receipts,
shipments, etc
68
Cement
72, 139
61
Coal and coke
49,136 Rope paper sacks, shipments
68
Copper
46, 135 Rosin, receipts and stocks
consumption, imports,
Drugs and chemicals
74, 140 Rubber,
prices, etc
56, 57, 137
Farm products
31, 32
Flour
79, 141 Rye:
Exports
81, 139
Gasoline
51
Production (crop estimate)-- 78, 139
Hides and leather products _ _
53,
Receipts, principal markets^. 81, 139
54, 137
Wholesale price
81,139
Iron and steel
43
Lumber
64,67, 138
92
Meats
32, 142 St. Louis, river transportation
Nonferrous metals
46, 135 Sales:
Auto accessories and parts
45
Petroleum
50, 133
Department stores
111
Petroleum products
52, 133
Chain stores
107
Pig iron
40, 133
Wholesale, Federal reserve disRubber
56, 137
tricts
112,113
Silver
115, 149
58
Sugar
88, 143 Sales books, shipments
89, 130
Textiles
39, 131, 132 Salmon, canned
Tobacco
90,144 Sanitary ware, orders, shipments, and
stocks
69, 140
Price indexes:
Ste. Marie Canal traffic
92, 144
Building and construction costs- 62 Sault
Savings deposits
118, 149
Department of Labor (wholeA. (Inc.), sales
109
sale) _*_
31 Schulte,
Sears, Roebuck & Co., sales
105
Drugs £nd chemicals
31 Securities:
Foreign exchange
124
Held by life insurance compaPlumbing
fixtures
46
nies. 1
117,147
Retail food
33
New issues
122, 147
Stocks and bonds
120,147 Sheep:
Wholesale
31
Receipts,
shipments,
and
Printing activity
58
slaughter
83, 142
Producers' prices
32
Wholesale price
83
Production, index (see also individual
prices of, index numbers
33
commodities)
29 Shelter,
Public
finance
115, 149 Ships:
Building
91
Public utilities:
Traffic
144
Bond prices
120 Shipments.
(See individual comContracts awarded
63
modities.)
Earnings, production, etc
98 Shoes:
Pumps
44
Sales, chain stores
106
Pyroxylin-coated textiles
38
Wholesale trade
113
Silica brick
70
Railroads:
Silk:
Dividend payments
121, 148
Raw, consumption, imports,
Employment
99
and stocks, machinery activFinancial operations and traffic- 94
ity
38
Freight-car movement
93
Raw, wholesale price, imports. 39, 132
Operations
94, 145 Silver exports, imports, production,
Pullman passengers, revenues,
and prices
115, 149
exports
94,145 Sinks
69
Stock and bond prices
120, 147 Southern pine, lumber, production,
shipments, etc
64
Railway equipment, shipments, and
orders
95-97 Spectacle frames and mountings,
sales and unfilled orders
62
Rand, gold output
115, 149
Raw materials:
Steel:
Barrels and drums
42
Exports
128, 151
Exports and imports
43
Imports
128, 150
Furniture, shipments...
43, 134
Index of stocks
30



Page

Ingots, castings, sheets, prices,
etc
41, 134
Production, Canada
129
Stockholders, corporations
123
Stocks, commodity, index numbers
(see also individual commodities) _ _ 30
Stocks, corporations:
New issues
122
Prices and sales
120, 147
Stokers, mechanical, sales
44
Structural, steel:
Fabricated, sales
43, 134
Prices, beams
41, 134
Suez Canal, traffic
92
Sugar, meltings, stocks, receipts- _ 88, 143
Suitings, wool, wholesale price
39
Sulphuric acid, exports and wholesale price
73, 140
Sweden:
Foreign exchange rates
125
Price index
124
Switzerland:
Foreign exchange rates
125
Price index
124
Taxes, internal revenue
45, 109
Tax-exempt securities
122
Tea, imports
89, 143
Telegraph and telephone, revenue
and earnings
98
Ten-cent stores, sales
108
Terra cotta, bookings
_ 71
Textiles:
B urlap
38
Cotton
36,131
Clothing, production, etc
35, 131
Dividends, Fall River mills. _ 38, 131
Elastic webbing
38
Fibers
38
Finished cotton goods
37, 131
Hosiery, production
35
Machinery activity
34, 131
Pay roll and hours
103
Pyroxylin-coated, orders, shipments, etc
38
Silk and miscellaneous
38, 132
Wholesalers, credit conditions. _ _ 114
Wholesale prices
39
Wool__.
34,132
Theater ticket, admissions, internalrevenue taxes
109
Tile, production, stocks, prices, and
shipments
71
Tin, consumption, imports, prices,
andstocks
47, 135
Tires, production, stocks, prices, and
shipments
57
Tobacco, production, exports, prices,
etc
90, 144
Tools, machine, new orders
44
Trade:
Foreign, United States. 126, 128, 150
Retail
109, 111
Wholesale
112, 114
Transportation, water
144
Tubular plumbing, sales
46
Turpentine, receipts and stocks
68
Unfilled orders, index (see also individual commodities)
United Cigar Stores Co., sales
United Kingdom:
Fire losses
Foreign exchange rates
Price index
United States, postal savings
United States Government, debt,
receipts, and expenditures
„.,.--

30
109
62
125
124
118
115

160
GENERAL INDEX—Continued
Page numbers refer to data in detailed tables (pp. 29-151) only. Items in the text are arranged in groups which should make
references easy without the necessity of an index. See also " Table of Contents," page 1.
Page
United States Steel Corporation:
Earnings, unfilled orders
41, 134
Stockholders
123
Wage pates
101
Vegetables, car-lot shipments
82
Vegetable oils:
Exports and imports
77, 140
Production, consumption, and
stocks, etc
75,140
Vessels, cleared and entered, lost or
abandoned. _ I
91, 144
Wages, farm and common labor
Waldorf system, sales
Walnut, lumber and logs
War Finance Corporation, loans
Ward, Montgomery, & Co
Washing machines, electric, sales
Water transportation




101
109
66
122
105
44
144

Page
Webbing, elastic, sales
38
Western frine, lumber, production,
shipments, and stocks
65
Wheat:
Exports and visible supply _ _ 80, 141
Flour, Canada
79
Production (crop estimate)
78
Receipts, shipments, etc
-_ 80, 141
Wheat flour:
Production, consumption, etc
79
Wholesale price and exports
79,
134, 141
Wholesale prices, index numbers, _ 31, 32
Wholesale sales
112, 113
Wisconsin employment and earnings- 100
Women's dress goods, wholesale
price
39
Wood consumption and stocks, chemical plants
74

Page
Wood furniture
68
Wood pulp
61, 138
Wool:
Machinery activity
34, 132
Price, wholesale
39, 132
Receipts, imports, consumption
and stocks
34,132
Woolworth, F. W., Co., sales
108
Work clothing, cut, shipments, returned stocks
35
Workers, registered and placed
101
World production, copper
46
Worsted yarn, wholesale price
39
Wrapping paper
60
Yields, bonds
Zinc, price, production,
shipments, and stocks

120
receipts,
47, 135

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