Full text of Survey of Current Business : December 1928
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UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS DECEMBER, 1928 No. 88 COMPILED BY BUREAU OF THE CENSUS IN COOPERATION WITH BUREAU OF FOREIGN AND DOMESTIC COMMERCE '' ' ' ; ' ' 7 ' ' ' ,' AND BUREAU OF STANDARDS IMPORTANT NOTICE In addition id figures givenfrom Government sources, there are also incorporated for completeness of service figures from other sources generality accepted by the trades, the authority and responsibility for wkich are noted in the "Sources of Data" on pages 13$~14£ of the August^ 192$, semiannual issue Subscription price of the SURVEY OF CURRENT BUSINESS is'21.50 a ye^r; single copies (monthly), 10 cents, semiannual issues, 25 cents* Foreign subscriptions, $2,25; single copies (monthly issues), including postage,, 14 cents; semiannual issues^ 36 cents. Subscription^ price of COMMERCE REPORTS is ?4 a year; with the SURVEY, 25.50 a year. Make remittances, only to Superintendent of Documents,! Washington, D. C.fl by postal money order, express drder, or New York draft. Currency at sender's risk. Postage stamps or foreign • money not accepted U. S. G O V E R N M E N T PR1NTJNS OFFICE: ISZi INTRODUCTION The SURVEY OF CURRENT BUSINESS is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various Uiies of trade and industry. The figures reported are very largely those already in existence. The chief function of the department is to bring together these data which, if available at all, are scattered in hundreds of different publications. A portion of these data are collected by Government departments, other figures are compiled by technical journals, and still others are reported by trade associations. At semiannual intervals detailed tables are published giving, for each item, monthly figures for the past two years and yearly comparisons, where available, back to 1913; also blank lines sufficient for six months have been left at the bottom of each table, enabling those \tfho care to do so to enter new figures as soon as they appear (see August, 1928, issue). In the intervening months the more important comparisons only are given in the table entitled "Trend of business movements." WEBKIY SUPPLEMENT Realizing tfcat current statistics are highly perishable and that to be of use they must reach the business man at the earliest possible moment, the department has arranged to distribute supplements every week to subscribers in the United States. The supplements are usually mailed on Saturdays and give such information as has been received during the week ending on the preceding Tuesday. The monthly information contained in these bulletins is repubUshed in $he SURVEY, and the supplements also contain charts and tables of weekly data. RELATIVE AND INDEX NUMBERS designed to show the trend of an entire group of industries or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers. &ATIO CHARTS In most instances the charts used in the SURVEY OF CURRENT BUSINESS are of the type termed "Ratio Charts" (logarithmic scale), notably the Business Indicator charts on page 2. These charts show the percentage increase and allow direct comparisons between the slope of 6ne curve and that of any other curve regardless of its location: on the diagram; that is, a 10 per cent increase in an item is given the same vertical movement whether its curve is near the bottom or near the top of the qhart. The difference between this and the ordinary arithmetic form of chart can be made clear by a<n example. If a certain item having a relative number of 400 in o£e month increases 10 per cent in the following month, its relative number will be 440, and on an ordinary chart would be plotted 40 equidistant scale points higher than tha preceding months. Another movement with a relative number of, say, 50 also increases 10 per cent, making its relative number $5. On the ordinary (arithmetic) scale this item would rise only 5 equidistant points, whereas the previous item rose 40 points, jret each showed the same percentage increase. The ratio charts avoid difficulty $nd give to each of the two movements exactly the same vertical rise, and hence the slopes of the two lines are directly comparable. The ratio charts compare percentage changes, while the arithmetic charts compare absolute changes. To facilitate comparison between different imporRECORD BOOK tant items and to chart series expressed in different As an aid t6 readers in comparing present data units^ relative numbers (often called "index num- with monthly statistics in previous years, the departbers/' a term referring more particularly to a special ment is compiling a RECORD BOOK OF BUSINESS kind of number described below) have been calcu- STATISTICS, in which data now carried in the SURVEY 'lated. The monthly average for 1923-1925 has OF CURRENT BUSINESS are showti fcy months as far lisually been used as a base equal tp 100. back as 1909, if available. Full descriptions of the Thd relative numbers are computed by allowing the figures and reports of how the data are used in actual monthly average for the base year or period to equal practice by business firms are contained in the RECORD 100. if the movement for a current month is greater BOOK. The sections covering textiles and metals have than the base, the relative number will be greater than already been issued arid may be obtained for 10 cents 100, and vice versa. The difference between 100 and per copy from the Superintendent of Pocuments, Govthe relfttiVe number will give at once the per cent ernment Printing Office, Washington, D. C. (Dp not increase or decrease compared with the* base period. send stamps.) / Notices of other sectibns will be given Thus a relative number of 115 means an increase of 15 in the SURVEY as they are issued. per cent over the base period, while a relative number METHODS OF tSE of 80 means a decrease of 20 per cent from the base. Methods of using and interpreting current business Relative numbers may also b© used to calculate the approximate percentage increase or decrease in a move- statistics have been collected by the department men$ from one period to the next. Thus, if a relative from many business concerns and are described in a number at one month is 120 and for a later month it, boojdet entitled "How to Use Current Business is 144 there has befcn an increase of 20 per cent. Statistics," together with methods of collecting staWheto two or more series of relative numbers are tistics. This booklet may be obtained from the combined by a system of weightings, the resulting Superintendent of Documents, Government Printing perils is denominated an index: number. The index Office^ Washington D. C., at 15 cehts per copy. (Do number, by combining many relative numbers, is not $end stamps.) Thin issue presents practically complete data for the month of October and contains text covering the early weeks of November (page I), for which the basic figures in table and chart form are presented regularly in the weekly supplements. As most data covering a particular month's business are not available until from 15 to 30 days after the close of the monthf a complete picture of that month's operations can not be presented at an early date, but the weekly supplements give every week the latest data available. UNITED STATES DEPARTMENT OF COMMERCE SURVEY OF CURRENT BUSINESS C O M P I L E D BY BUREAU OF THE CENSUS IN COOPERATION WITH BUREAU OF FOREIGN AND DOMESTIC COMMERCE AND BUREAU OF STANDARDS No. 88 December, 1928 WASHINGTON CONTENTS SUMMARIES Preliminary summary for November Business conditions in October Monthly business indicators (table and chart) Wholesale prices (table and charts) indexes of business Automobiles, building, mining, manufacturing (charts)Electric power, transportation (charts) INDEX BY SUBJECTS Page Textiles _._. Metals and metal products Fuels Automobiles and rubber Hides and leather Paper and printing Building construction and housing _ _ Lumber products Stone, clay, and glass products Chemicals and oils Foodstuffs and tobacco Transportation and public utilities_. Employment and wages Distribution movement (trade, etc.). Banking, finance, and insurance Foreign exchange and trade 1 4 2, 3 6, 7 17 8 8 NEW DETAILED TABLES Census of manufactures, 1927 18 Industrial activity as shown by consumption of electrical energy 19, 20 Magazine advertising 20 Floor and wall tile 21 Text Table page 9 10 11 11 11 22 24 28 page 12 12 12 13 14 5 14 14 14 27,29 30 31 32 32 34 35 37,40 41 42 43 44 47 PRELIMINARY SUMMARY FOR NOVEMBER The volume of trade during the early weeks of November, as reflected by check payments, was greater than in the corresponding period of 1927. Activity in steel plants was on a higher scale than in either the previous month or the same month a year earlier. The value of new building contracts awarded during the first weeks of the month was slightly lower than in the same period a year ago. Employment in Detroit factories, measuring in large degree the activity in the automobile industry, showed some recession from the previous month but was considerably higher than a year ago. Loans and discounts of Federal reserve member banks were somewhat higher than in the previous month, showing an advance over the same month of last year, as well. Interest rates on time money showed very little change from the previous month but were higher than last year. Call-loan rates averaged lower than in October but were higher than 22906—28 1 a year ago. Stock prices continued to average higher, while bond prices, which showed a slight advance from the previous month, were lower than a year ago, reflecting the effect of higher interest rates. Brokers' loans reached a new high point during November. The Federal reserve ratio showed only slight change from the previous month but was lower than a year ago. The wholesale price index averaged somewhat lower than in October, but was still above the level which prevailed in November of last year. Prices for wheat averaged lower than a year ago. Cotton prices averaged higher than in October but were lower than for the corresponding month a year earlier. Iron and steel prices continued to recover and were slightly higher than during the same period of the preceding year. Copper prices averaged higher than in either the previous month or November a year ago. Business failures were approximately the same as in November of last year. (1) MONTHLY BUSINESS INDICATORS, 1923-1928 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and KKcent chains, and department stores have been adjusted for normal seasonal variations, and manufacturing production for the varying number of working days in the month as well] 120 1923 i 1924 I 1925 i 1926 I 1927 1 (928 100 80 140 100 PRICE OF 25 RAILROAD STOCKS -]I90 HI60 440 4 20 4oo Jso 1923 1 1924 1925 1926 -60 MONTHLY BUSINESS INDICATORS The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925, inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators may be seen at a glance. Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated, as noted below. In this manner a more understanding month-to-month comparison may be made. MONTHLY AVERAGE 1923 ITEM 1924 1925 1929 1928 1927 Aug. Sept.! Oct. Nov. Deo. 1927 Jan. Feb Mar Apr. May June July Aug. Sept Oct. 1923-1935 monthly a?erage=100 Industrial production: * Total manufacturing * Total minerals Pig iron Steel ingots Automobiles Cement Lumber (5 species) Cotton (consumption) Wool (consumption) . • Raw material output: Animal products Crops . Forest products Crude petroleum Bituminous coal Copper 101.0 94.0 105.0 96.0 _. 111.7 86. 7 104,8 88.7 101.5 90.9 92.1 99.8 98.6 96.2 105.0 89.7 112.8 94.6 105.0 99.0 101.5 106.4 107.7 108.1 105.2 104.4 92 6 108.0 107.0 109.0 113.1 108.5 110.0 101.5 108.5 8».7 106.0 107.0 105.0 107.0 106.0 105.0 ;oi.o 98.6 92.9 104.6 101.2 94.6 85.7 93.9 78.8 115.3 147.4 140.8 94.9 107.5 105.8 120.3 123.4 122 2 97.0 98.1 101 6 104.0 104.0 97.0 96.9 92.5 100.2 96.0 104.0 104.0 103.7 99.5 106.4 96.0 109.0 98.0 104.6 109.7 110.2 97.0 113.0 93.0 122.3 99.4 104. Q 100.0 92.0 99.0 99.4 108.0 93.4 Power and construction : Electric power _ Building contracts (37 States) 92.5 89.7 102.0 105.0 93.2 95.9 66.5 138.2 101.5 119.4 103,7 98.0 99.0 107.0 111.0 101.0 103.0 103.0 103.0 88.6 90.2 96.1 97.1 90.5 91.9 115.4 117. C 40.7 40.5 70.2 98.1 116 3 96.5 78.6 70.8 94 4 82.9 75.8 86.7 121.9 105.9 113.6 111.8 97.8 88.0 95.2 102.0 110.0 105.0 107.1 130.4 125.2 82.3 96.3 113.3 98.7 110.0 103.0 106.6 124.5 124.2 108.4 98.4 102.3 82.0 105.0 87.0 95.0 92.0 88.0 96.0 94.0 97.0 95.0 115.0 183.0 219.0 166.0 120.0 98.0 81.0 77.0 81.0 99.0 98.0 96.0 93.0 86.0 81.0 87.0 96.0 96.0 128.3 123.6 126.3 121.3 122.1 117.8 110.9 122.2 117.6 95.7 95.9 101.0 93.3 94.8 101.5 94.9 100.9 73.9 102.0 100.0 108.1 103 2 101.9 103.8 102.2 106.6 105.7 110.0 105.0 109.9 121.6 129.0 139. 0 101.2 112.6 92.7 110.0 99.0 103.1 108.3 120.2 140.6 97.4 99.5 87.1 111.0 101.0 102.8 110.3 118.7 140.4 92.7 85.5 80.4 113.0 105.0 105.0 120.9 139.7 150. 7 90.4 102.6 95.2 116.0 114.0 108.0 114.0 102.5 1129 120.0 134 5 125. 8 120.7 143.7 141.1 79.1 95.9 120.6 91.8 108.6 108.0 116.0 108.0 97.0 92.0 102.0 72.0 52.0 87.0 114.0 178.0 251.0 101.0 97.0 88.0 90.0 78.0 84.0 122.5 118.1 122.9 126.8 124.5 129.8 84.1 82.6 83.3 94.4 94.8 115.4 111.8 111.0 111.3 116.7 116.9 130.1 98.1 109.5 122,6 133.3 133.5 131.7 138.2 137.1 143. S 1419 137.0 144.5 186.7 142.2 139.8 142.4 149.8 145.2 157.5 92.7 117.6 111.0 106.8 110.1 101.9 115.0 105 2 95.2 96.0 103.7 132.7 142.4 143.5 142.2 123.7 118.8 114.2 129 1 I Unfilled orders: General index U. S. Steel Corporation 121.7 125.8 Stocks: General index Manfd. commodities (28) Cotton Copper (refined) 94.5 102.0 103.5 114.6 120.5 108.7 119.9 132.1 134.6 133.4 129.0 130 0 127.0 122.0 116.0 109.0 104.0 107.0 115.2 131.6 93.8 103.2 103.0 106.3 111.5 115.2 114.0 108.6 110.7 111.6 115.0 120.0 120.0 119.0 118.0 119.0 117.0 114.0 109.3 107.6 102.5 91.4 106.2 145.5 153.2 87 6 135. 1 179 3 200 0 195.8 178.8 159.1 135.7 117.8 96.7 74.6 58.4 52.4 89.5 155.1 106.4 113.9 73.1 64.8 85.4 82 7 76 4 74.1 80 3 84. 2 85.2 76.8 77.1 64.4 58.6 52.0 48.5 48.4 45.8 40.3 Employment: Factories 106,6 96.3 97.8 99.7 97.6 98.1 97.1 97.2 97.6 99.9 _. Prices: Farm products, to producers Wholesale, all commodities Retail food Cost of living (including food) Distribution (values) : Bank debits, 141 cities Wholesale trade. Department stores, sales Mail-order houses, sales 10-cent chains, sales Imports . Exports Transportation: * Car loadings.... Freight, net ton-miles. _ 99.8 102.2 91.3 90 6 97.2 84.6 82 1 98 0 74.0 71 1 94 3 71.6 66.9 93.2 69.9 65.6 93.8 67 0 70.0 93.4 67.1 72.4 91 6 71.5 83.2 90.7 106.5 98.6 94.9 95.7 101. 4 100.7 99 3 99.3 102.6 99.1 95.4 94.4 95 6 96.1 95 8 95.9 104.9 107.6 103.6 101 6 102.9 104.3 104 9 104.2 102.3 102.3 99.9 98.7 99.3 99 9 99. 9 99.9 130,7 91.0 105.0 117.0 144.0 110.1 128.7 132.1 95 0 107 0 119.0 140 0 106 fi 121.4 136.9 93. 0 lll.G 128.0 147.0 102.5 107.4 97.6 102.8 106. 8 104.0 103. 3 130.0 80.9 95.9 101.9 109.1 101.5 112.6 115.1 122.1 95 2 99 8 96.8 92.7 117.3 95.4 99.1 112 5 162.7 171.4 102.8 121.4 92.8 92.2 114.9 171.6 190.0 85.3 123.2 92.8 86.5 115.6 171.1 193.7 120.9 91.2 96.7 101.0 98.0 98. 0 99.0 92.0 98.0 88.0 99.0 97.8 93.1 91.6 100.8 Finance: Member bank loans and discounts. 94.1 Interest rate (commercial paper) . . 116.2 Federal reserve ratio 99.0 96.4 Price, corporation bonds 86 0 Price, railroad stocks . Price, industrial stocks 86.1 Failures (liabilities) 106.0 87.0 83.6 98.5 90.0 104.1 99.9 96.1 91.9 106.8 111.9 101.0 103.0 110.0 113. 0 109.0 107.8 107.4 93.5 96.9 103.6 117.9 122.0 87.2 119.6 98.0 106 0 115.0 125.0 114.3 105 5 112.9 100. 9 96.0 108.0 133.4 132.4 80 4 132.5 95.0 106 0 120.0 138.0 107.9 106.8 137.6 100.0 111.0 133.0 140.0 114.2 98.7 117.3 92.8 101.4 112.9 167.9 183.7 92.4 141.0 96. 0 109.0 122.0 141.0 105.9 112 0 119.3 92.8 98.8 113.4 171.6 193.9 77.3 120.0 92.8 96.4 114 4 168.5 186.4 85.5 • Seasonal adjustments. 81.2 89.5 89.8 81.6 92.1 91.2 81.4 90.8 91.8 76.8 81.1 91.4 73.9 71.6 91.2 75.2 76.2 91.3 77.1 74.8 90.3 74.7 75.9 91.7 74.7 73 1 77.4 7-i 6 93.1 93 9 99.3 97.8 99.3 101.4 107.2 105.1 105.1 100.7 102.2 99 3 95.4 95.5 95.1 96.5 97.7 96.7 97.4 98.0 99.2 66 9 103.6 101.3 101.2 101.6 102.8 102.0 102.1 103.0 105.4 104 8 99.2 98.4 98.1 97.9 98.4 98.0 £8.0 98.0 99.3 9 9 3 142.1 95.1 105.0 113.0 140. 0 104.6 108.2 149.6 97.0 105.0 116.0 142.0 108.7 97.8 164.8 92.8 105.0 113.0 142.0 117.8 110.8 98.0 101.8 129.0 97.2 95.7 105.8 121.9 92.8 95.5 115.9 169.1 193.5 112.3 120.9 92.8 96.0 115.8 164.7 191.2 106.3 123.3 95.8 95.6 115.7 170.1 204.8 129.3 161.8 89.2 103.0 117.0 147.0 106.9 95.9 168.8 96.2 104.0 132.0 144.0 109.6 111.1 165.4 89.2 104.0 144.0 153.0 98.2 102.3 140.4 93.7 108.0 153.0 148. 0 98.4 99. 8 149.9 98.5 106.0 160.0 144.0 107. 3 100.1 156. 9 161 0 94.1 95.2 120.0 105.0 154.0 140 0 165.0 148 0 98.9 110.0 111.1 146.2 83.0 106.4 127.0 82.0 102.9 132.4 85 2 96.1 105.2 100.0 105.0 113.6 117.3 127.3 101.6 90.9 116.0 176.0 210.4 82.5 126.9 104.4 89.2 115.0 178.9 213.2 85.2 128.4 113.2 84.7 112.3 169.5 202.1 66.0 126.6 119.0 88.9 110.9 170.3 206.1 69.8 125.6 124.8 90.0 109.8 173.8 213.4 137.3 127.3 128 3 130.6 127.6 86.5 87 0 111.0 111 3 178.5 176 4 226.9 234.5 80.1 82.5 BUSINESS CONDITIONS IN OCTOBER PRODUCTION Industrial production during October, according to the weighted index of the Federal Reserve Board, after adjustments for seasonal variations, remained unchanged from the previous month, each being higher than at any other time on record. The principal gains over a year ago occurred in the output of automobiles, rubber tires, iron and steel, and cement, brick, and glass, while a decline from last year was registered in the output of textiles, lumber, and leather. Mineral production, after adjustment for seasonal conditions, compared with a year ago, iron and steel and lumber showed larger unfilled orders, while textiles declined. Wholesale trade in September, after adjustments for seasonal changes showed larger dollar sales than in either the preceding month or the corresponding period a year earlier, declines from September in meat, dry goods, men's clothing, and boots and shoes being more than offset by increases in other lines. Compared with a year ago only the boot and shoe industry declined, while the dry goods industry remained stationary. The greatest gain from October, 1927, in wholesale PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES [1923-1925 monthly average= 100. Ajustment has been made for the seasonal movement and relative number of working days for production. Unfilled orders are principally those of iron, steel, building materials, and textiles. October, 1928, is the latest month plotted] 140 1924 1925 1923 showed gains over both the previous month and October of last year, the principal increase over last year occurring in copper. COMMODITY STOCKS Stocks of commodities held at the end of October were higher than at the end of the previous month, but showed a decline from a year ago, due to a decrease in stocks of manufactured goods. Contrasted with the preceding month, stocks of manufactured goods were smaller, while raw materials were larger. SALES The general index of unfilled orders was slightly lower than for the previous month and October of last year. Compared with September, unfilled orders for textiles and transportation equipment were larger but forward business on the books of lumber mills declined. As 1927 1926 1928 trade was recorded by the men's clothing, women's clothing, and furniture lines. Sales by department stores showed substantial gains over both tha previous month and October of last year. Merchandise stocks held by department stores at the end of the month were smaller than a year ago. Sales by mail-order houses were substantially larger than in either the preceding month or October, 1927. The volume of business transacted by 10-cent chains was also greater than in either the previous month or the same period a year earlier. Grocery, clothing, drug, cigar, and candy chains showed larger dollar volumes than in September, while shoe sales in chain stores declined. Cigar chains were the only type of chain stores to show a decline from a year ago in sales, substantial gains from October, 1927, being recorded by grocery, wearing apparel, drug, candy, and shoe stores. PRICES Wholesale prices, although lower than in September, averaged slightly above those of September, 1927. Few changes from the previous month occurred in the major groups, prices of farm products, foods, hides and leather showing declines, while chemicals advanced and the remaining groups were unchanged. Compared with a year ago, no substantial changes took place. Foods, hides and leather, fuel and lighting, metals and building materials registered small increases, while farm products, textiles, chemicals, house-furnishing goods, and miscellaneous products declined. Classified by State of manufacture, production declined from the previous month with the exception [of semimanu- unchanged. Increases from a year ago in prices for food and clothing were insufficient to offset declines in the other items comprising the cost of living. EMPLOYMENT The general index of factory employment showed a small gain over both the previous month and the corresponding month of last year. This index moreover does not include any of the new industries, such as aircraft, radio, rayon, etc., where employment conditions are known to be good. Compared with the previous month, most industries for which data are available showed either an increase or no change, declines occurring only in the leather, stone, clay, and glass, and vehicle industries. Many industries re- PRICE COMPARISONS [Prices at wholesale are relative to 1926; farm prices and the cost of living are relative to the average for 1923-1925. October, 1928, is latest month plotted] 1923 1924 1925 1926 1927 1928 1927 1928 1923 1924 1925 1926 1927 1928 1924 1925 1926 1927 1928 JFARM <TO PRODUCERS) L-LuJ-LiJ I 1-11, I I .1 I . _ 1923 1924 1925 1926 factured articles, which showed no change. Finished products and nonagricultural commodities showed increases over October, 1927, while raw materials and semimanufactured articles declined. The index of prices received by farmers for their produce was lower in October than for either the previous month or for the corresponding month of last year, the only classes to show an increase from September being dairy and poultry goods and cotton and cottonseed, while meat animals and dairy and poultry were the only classes to increase as compared with October, 1927. Ths cost of living index showed no change from September but was slightly less than a year ago. Compared with last month, the cost of living was unchanged, while that of food and clothing showed slight declines, cost of shelter, light, and sundries remaining Digitized forthe FRASER oL_Lia_Lu_L 1923 corded decreases in the number employed as compared with a year ago. Marked advances in employment conditions in the vehicle, nonferrous metals, iron and steel, and chemical industries, however, more than offset decreases in other lines. Factory pay-roll paymentswin^October^showed?a substantial gain over the previous month and over the corresponding month of last year. All industrial groups except leather showed larger payments than in September. The principal increases in wage payments over the previous month were recorded by iron, steel, and nonferrous metal establishments. Contrasted with October, 1927, increased pay rolls' in vehicle, nonferrous metal, chemical, paper, and food products industries were more than sufficient to offset declines in wage payments by textile, lumber, leather, tobacco, stone, clay, and glass, and miscellaneous plants. WHOLESALE PRICES FOR SPECIFIED COMMODITIES [Relative numbers, 1926 monthly average taken as 100. October, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite page] WHEAT, WINTER OATS CORN, NO. 2 FLOUR, WINTER x •* t * 8 4 &04 u« •4*4 to , ••' ^-Sj 434 43.4 WOOL, 1/4 BLOOD COMBING 190 WORSTED YARNS HIDES, PACKERS SILK, RAW 1928. LEATHER, SOLE, OAK I i I I i I I H§ WHOLESALE PRICES FOR SPECIFIED COMMODITIES * NOTK.—Prices to producer on farm products and market price of wool are from U. 8. Department of Agriculture, Bureau of Agricultural Economics, nonferrous metals from the Engineering and Mining Journal-Press, except tin, which is from the American Metal Market. All other prices are from U. 8, Department of Labor, Bureau of Labor Statistics. So far as possible all quotations represent prices to producer or at mill. BELATTVK PBICB ACTUAL PRICK (dollars) COMMODITIES 1026 average -100 Unit September, 1928 October, 1928 October, 1927 0.944 .951 .648 .176 30.98 .099(5 .1117 .1197 0.987 .847 .580 .181 34.08 .0963 .0955 .1157 1.137 .876 .979 .200 ,36.60 .0755 .1016 .1122 71 141 39 125 136 147 85 103 70 136 35 117 114 154 95 103 73 121 31 120 125 149 81 100 88 136 58 149 127 115 83 96 84 125 53 139 135 117 86 97 Bushel.... Bushel.... Bushtl Bushel Bushel Bushel Cwt Pound ... Pound ... Cwt Cwt Cwt.. Cwt.- 1.201 1.395 .993 .425 .673 .998 7.871 .185 .54 16. 188 12.431 5.500 14. 156 1.185 1.436 .937 .448 .617 1.053 12. 077 .196 .54 14. 625 10.030 5.350 13. 075 1.275 1.344 .878 .498 .823 .999 11. 331 .211 .47 14. 325 11. 055 5. 250 13. 865 78 86 128 91 105 103 137 110 117 159 95 87 105 78 91 131 99 97 105 93 105 117 170 101 83 103 77 93 124 104 89 110 143 112 117 154 81 81 95 85 85 131 114 120 102 184 125 98 140 88 79 99 82 87 116 116 119 105 134 120 102 150 90 80 101 Barrel. ... Flour standard patents (Minneapolis) Barrel FlourJ winter straights (Kansas City) Pound Sugar 06° centrifugal (New York) Sugar granulated, in barrels (New York) ... ... . ... Pound.... Cottonseed oil, prime yellow (New York) . ..... ........ Pound Pound Beef fresh, carcass, good native steers (Chicago) .............. Beef fresh carcass, steers (New York) . ... .......... ........ ... Pound Pound Pork smoked hams (Chicago) . . . . ........... Pound ... Butter creamery 92 score (New York) Oleomargarine standard, uncolored (Chicago) ... ._..._._._......... Pound.... 6.588 5.650 .042 .056 .099 .259 .284 .254 .49 .220 6.410 5.588 .039 .052 .099 .255 .282 .260 .48 .235 7.231 6.535 .047 .057 .109 .210 .225 .233 .48 .245 79 78 95 100 80 149 152 81 104 94 78 78 97 102 84 158 166 83 109 96 76 77 91 94 83 155 165 84 107 103 84 92 110 106 91 116 125 73 102 105 86 90 108 104 92 128 132 76 107 107 Pound Yard Yard Pound Yard Yard Yard Pound Dozen pair. .358 .074 .089 1.575 .988 2.008 1.998 5.096 10. 290 .372 .078 .090 1.575 .975 2.008 1.998 5.145 10.290 .402 .087 .111 1.400 1.000 1.913 2.048 5.145 10. 780 103 99 98 112 99 100 92 78 85 100 98 96 110 96 100 92 82 85 104 103 96 110 94 100 92 83 85 113 119 118 96 94 95 95 82 89 112 115 120 98 97 95 95 83 89 Hides green salted, packers' heavy native steers (Chicago)..... ..... Pound. .. Hides calfskins, No. 1, country. 8 to 15 pounds (Chicago)............. Pound Leather chrome calf, dull or bright " B " grades (Boston) ...... ..... Square foot. Leather sole, oak, scoured backs, heavy (Boston) ... ....... Pound. ^... Pair Boots and shoes, men's black calf, blucher (Massachusetts) Pair Boots and shoes, men's dress welt tan calf (St. Louis) .246 .275 .565 .650 6.750 5.000 .219 .246 .550 .630 6.750 5.000 .233 .218 .510 .550 6.500 5.000 168 159 125 153 106 102 175 159 125 148 106 102 156 142 121 144 106 102 160 121 113 121 102 102 166 125 113 126 102 102 4.019 4.495 13. 040 2.875 1.210 4.020 4.639 13.040 2.910 1.210 4.199 4.932 13. 389 2.906 1.240 93 92 93 70 64 93 94 95 70 64 93 97 95 71 64 99 105 97 73 64 97 103 97 71 66 18.635 16. 188 32.000 .1472 .194 .0645 .4807 .0625 18. 860 17.100 32.800 .1520 .199 .0650 .4897 .0625 19. 260 17.000 33.000 .1296 .183 .0625 .5850 .0600 89 86 91 105 101 74 74 85 90 87 91 107 102 77 74 85 92 92 91 110 105 77 75 85 93 92 94 94 96 75 94 85^ 93 92 94 94 96 74 90 82 Mfeet Thousand.. 37.73 12.50 37. 73 12.50 37.98 11.75 81 82 84 76 84 76 83 71 84 71 Barrel Cwt Pound Ton Cwt Cwt 1.600 1.850 .182 15.500 2.525 3.250 1.600 1.850 .187 15.500 2.525 3.250 1.600 1.800 .343 15.200 2.525 3.250 97 95 40 107 88 94 97 95 38 107 88 94 97 95 39 107 88 94 97 93 70 103 91 94 97 92 71 104 88 94 August, Septem- October, Septem- October, ber, 1928 1928 ber, 1927 1927 1928 FARM PRODUCTS— AVERAGE PRICE TO PRODUCER Wheat Corn Potatoes Cotton Cottonseed Cattle, beef Hogs Lambs ......... .......... . ... .. 1 Bushel .................................. Bushel.... Bushel Pound ............. . . ......... Ton ..... Pound Pound Pound FARM PRODUCTS-MARKET PRICE Wheat, No 1, northern spring (Minneapolis).. ... . . Wheat, No. 2, red, winter (Chicago).. Corn contract grade No 2, cash (Chicago) ... Oats contract grades, cash (Chicago) ......... . ............. Barley, feeding (Chicago). Rye No 2 cash (Chicago) ...... . ... Tobacco,' leaf, average sales, warehouse (Kentucky) Cotton middling upland (New York) Wool, ii blood combing, Ohio and Pennsylvania fleeces (Boston) Cattle steers, good to choice, corn fed (Chicago) ...... ... ...... Hogs, heavy (Chicago). . .. . . . ... Sheep, ewes (Chicago).. . . . ...... .. FOOD TEXTILES Cotton yarns, carded, white, northern, mule spun, 22-1. cones (Boston). Cotton-print cloth, 64 1 60-38H"-S.35—yards to pound Cotton sheeting, brown 4/4 Trion (New York) Worsted yarns 2/32's cross-bred stock, white, in skein (Boston) Woman's dress goods, French, 39 inches at mills, serge.. Suitings unfinished worsted— 13-ounce, mill _. .. ... ..... Suitings, serge, 11-ounce, 56-58 inch . . ..... Silk Japan 13-15 - .. .- ...... .... LEATHER FUEL Coal, bituminous, mine-run (composite price) ....._............__..._ Coal bituminous prepared sizes (composite price) ........ . Coal, anthracite, chestnut (composite price) .. ........... ... Coke, Connellsville (range of prompt and future) furnace— at ovens... Petroleum, crude, Kansas-Oklahoma—at wells Net ton.... Net ton.... Long ton... Short ton. . Barrel METALS Pig iron, foundry No. 2, northern (Pittsburgh) . . ...... .....Long ton Pig iron, basic, valley furnace . . . . Long ton. . Steel billets, Bessemer (Pittsburgh) Long ton. . Copper ingots, electrolytic, early delivery (New York) ...... ... Pound... . Brass, sheets, mill ... ... .. ............. Pound... . Lead, pig, desilverized, for early delivery (New York)................. Pound... . Tin Straits (New York) . Pound... . Zinc, slab, western (St. Louis) . . ... ...... Pound... BUILDING MATERIAL AND MISCELLANEOUS Lumber, pine, southern, yellowflooring,mill . .......... Brick common red domestic building (New York) Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district) Steel beams, mill (Pittsburgh) Rubber, smoked sheets (New York). . . Sulphuric acid, 66° (New York) Wood pulp, sulphite, domestic, unbleached, news grade (New York).. Newsprint, rolls, contract, mill ........ ........ NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION [Relative numbers, monthly average, 1923-1925, taken as 100] MINERAL PRODUCTION AND RAILROAD TON-MILEAGE [Relative numbers, monthly average, 1923-1925, taken as 1001 FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC-POWER PRODUCTION [Relative numbers, monthly average, 1923-1925, taken as 100] REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE TEXTILES Wool imports were larger than in September but were slightly less than a year ago. Wool consumption was greater than in either September or in the corresponding month of last year. The prices for wool and woolens were generally higher than a year ago. Cotton consumption by textile mills was larger than for either the preceding month or for October of last year. For the first 10 months of the year, however, the consumption of cotton was 13 per cent smaller of last year, while new orders exceeded those of either prior period. Prices of cotton goods showed a gain over September but were less than a year ago. Silk imports were larger than for either the previous month or for October of last year. Silk deliveries also exceeded those of either prior period. Silk stocks held at warehouses were less and those at manufacturing plants greater than at the end of either prior period. More broad looms and less narrow looms were active than in September. The activity of silk spinning spindles exceeded that of the previous month but was THE TEXTILE INDUSTRIES [Relative numbers, monthly average, 1923-1925, taken as 100. Where available, October, 1928, is latest month plotted] 100 iOO too V . rv .vv: 100 \J WOOL I 160 100 1923 1924 1925 J926 1927 CONSUMPTION OF RAW FIBERS 1928 1923 1924 1925 1926 SPINDLE ACTIVITY 1927 1928 1924 1928 [923 1924 1925 1926 WHOLESALE PRICES 1927 1928 1925 1926 STOCKS OF RAW FIBERS than for the corresponding period of 1927. Stocks of cotton held at the end of October, both at mills and in public storage, were smaller than a year ago. Exports of raw cotton showed gains over both the previous month and the same month of last year. Cotton prices were slightly above those for the previous month but less than a year ago. The activity of cotton spindles was greater than during the preceding month but less than a year ago, despite a gain over October of last year in the activity per spindle. Production of cotton textiles exceeded that of the previous month but fell short of the output 22906—28 2 less than a year ago. Prices of raw silk were slightly higher than in September but showed no change from a year ago. Imports of rayon were considerably larger than for the previous month but less than a year ago. Rayon prices were unchanged from either prior period. Textiles spread with pyroxylin showed an increase both from the previous month and from a year ago. Shipments of pyroxylin-coated textiles exceeded those of either prior period and unfilled orders, while less than at the end of September, considerably exceeded last year's total. Sales of fur by dealers advanced both from the preceding month and from October, 1927. 10 METALS Shipments of iron ore in October were slightly less than during the previous month, but larger than a year ago. Pig-iron production was substantially larger than during either the previous month or October of last year. The same number of furnaces were in blast as at the end of September but considerably more than a year ago, their capacity being greater than in either prior period. Wholesale prices for pig iron were slightly higher than for September but were still generally low^er than a year ago. The output of steel ingots was greater than for either the previous month or the corresponding month of last New structural-steel orders, on the other hand, were less than for either the previous month or the corresponding month of last year. New orders for fabricated steel plate were the largest recorded since March, 1923, exceeding those of the previous month by 50 per cent. New orders for steel boilers exceeded both in number and square footage those for September and for a year ago. New orders for machine tools were the largest recorded since March, 1920, being more than double those of a year ago. New orders and shipments of foundry equipment were considerably greater than either the previous month or the corresponding month THE METAL INDUSTRIES [Relative numbers, monthly average, 1923-1925, taken as 100. October, 1928, is latest month plotted. Carve covering zinc stocks is plotted from 12 months' moving monthly averages plotted on the end month] 1923 1924 1925 1926 1927 1928 1925 1926 1927 1928 40 i i I i L | i i | | | | | | j i i 1 j_i 1923 1924 year. Unfilled steel orders at the end of October also exceeded those of either prior period. The output and shipments of steel sheets by independent manufacturers showed substantial increases both from the previous month and from October, 1927. The output both of steel and of malleable castings was considerably greater than during September or the corresponding month of last year. New orders for steel castings, however, were less and those for malleable practically the same as in September, orders for both types being much larger than a year ago. Shipments of fabricated structural steel during October were the largest recorded since the beginning of 1924 when the compilation of such data was begun. 1923 1924 1925 1926 1927 1928 i i i ! i i h i I ' > ' • Ll^-L 1923 1924 1925 1926 1927 1928 of last year. Shipments of wood-working equipment exceeded those for either the previous month or for October, 1927; new orders, while greater than a year ago, were less than during September. Shipments of electric industrial trucks and tractors were greater than in either the previous month or the corresponding month of last year. The mine production of copper showed gains over both the previous month and October, 1927. Exports of refined copper also exceeded those for both prior periods. Deliveries of tin, while slightly less than for September, were greater than a year ago. The October production both of lead and zinc exceeded those of both prior periods. 11 FUELS The output of bituminous and anthracite coal increased seasonally and in each case exceeded that of a year ago. The output for the 10 months to date, however, was less in each case than for the corresponding period of last year. Coal prices showed slight advances from the previous month but were uniformly lower than a year ago. The production of coke was greater than for either the previous month or October, 1927, the decline from last year in the production of Imports of rubber were substantially larger than during either the previous. month or October, 1927. The aggregate amount of rubber imported during the first 10 months of the current year, however, showed little change from that brought into the country during the corresponding period of last year. HIDES AND LEATHER Imports of hides and skins in October were slightly greater than during the previous month, but less than THE FUEL INDUSTRIES [Relative numbers, monthly average 1923-1925 taken as 100. October, 1928, is latest month plotted where data were available! beehive coke being more than offset by the increase in by-product coke. AUTOMOBILES AND RUBBER Although the output of passenger cars, both in the United States and Canada, was less than during the previous month, it was larger than is usually recorded at this season of the year, the total for the United States being exceeded in October of earlier years only in one instance, that of October, 1925. The output of trucks, both in the United States and in Canada, was larger than for either prior period. For the first 10 months of the current year, the production, both of passenger cars and of trucks, exceeded that of a corresponding period in any previous year. Shipments of accessories and parts during October, while slightly less than during the previous month, were considerably greater than a year ago. a year ago, increases in calfskins and goatskins over September more than offsetting declines in cattle hides and sheepskins. Prices of hides were less than in September. The October output of sole leather was greater than during either the previous monthlor the corresponding month of last year. Exports of sole and of upper leather also exceeded those of the previous month, although upper leather was exported in smaller quantities than a year ago. Leather prices declined from September but exceeded last year's level. The production of boots and shoes was larger than for either the previous month or for the corresponding month of last year. For the calendar year to date, however, shoe production showed only a slight increase over last year's output. Shoe prices were generally higher than a year ago but showed no change from the previous month. 12 BUILDING AND CONSTRUCTION Building costs were generally higher than during the previous month and lower than a year ago. The value of new building contracts awarded in October exceeded that reported for either prior period. For the first 10 months of 1928 the value of new building contracts was 7 per. cent greater than for the corresponding months of last year. October contracts awarded in Canada were less than for either the previous month or for October, 1927, although the total for the year to date was considerably larger than for the first 10 months of last year. Fire losses in the United States and Canada were greater during October than for either comparative period. Fire than at the end of September; those for maple flooring also being less than a year ago. Lumber prices averaged higher than during September; those of hardwoods being higher and those of softwoods being lower than a year ago. STONE, CLAY AND GLASS PRODUCTS The production of face brick averaged higher than in either the previous month or in October, 1927. Shipments and unfilled orders, while less than in September, were greater than a year ago, while smaller stocks were carried than at the end of either prior period. New orders for porcelain and for vitreouschina plumbing fixtures were much larger than during the previous month, those for porcelain being larger THE AUTOMOBILE AND RUBBER INDUSTRIES [Relative numbers, monthly average 1923-1925 taken as 100. Where available, October, 1928, is latest month plotted] | AUTOMOBILE PRODUCTION \ 192! 1922 '1^fUJ"11j;i2^^ " i M l M l M l . i l M l n ^ J i . p i M i h i . i l . l M l M l M In 1921 1922 1923 1924 \ 'l928 1921 1928 192! i 927 1928 MlMtM 1925 losses for the year to date, however, were substantially smaller than in 1927. LUMBER AND LUMBER PRODUCTS The October output of lumber was generally greater than for the previous month but less than a year ago; among the few exceptions to this trend were California redwood, which declined from September, and Northern pine, which increased over a year ago. Lumber shipments were generally greater than for either prior period, although those of Douglas fir and California redwood declined both from the previous month"and from October, 1927. The output of flooring, both oak and maple, was greater than during the previous month, that of oak flooring being also greater than a year ago. Flooring shipments exceeded those for either prior period. Unfilled flooring orders, on the other hand, were less 1926 1922 1923 1924 and those for vitreous china but little less than a year ago. Shipments of both types of fixtures also exceeded those of the previous month, but were less than in October, 1927. New orders for architectural terra cotta were considerably larger than for either priorperiod. The production and shipments of Portland cement were less than in September, but slightly greater than a year ago. For the year to date, however, the cement output and shipments exceeded those for the corresponding period of last year. Cement stocks declined from the previous month, but were greater than a year ago. New awards for concrete pavements were lower than for the previous month or for the corresponding month of last year. The total for the year to date, however, was 18 per cent greater than for the same period of 1927. 13 FOODSTUFFS AND TOBACCO The visible supply of wheat, both in the United States and in Canada, increased seasonally and was much greater than a year ago. Receipts of wheat at the principal markets during October also exceeded those of either prior period. Exports of wheat and flour were larger than during the previous month but considerably less than in October, 1927. Prices for winter wheat averaged higher and those for spring wheat lower than for either prior period. The visible supply of corn was greater than in September, but very much less than a year ago. The Department of Agriculture's estimate indicates the receipts being less and the shipments greater than in October, 1927. The output of inspected beef also exceeded September's total but was less than a year ago. Receipts and shipments of hogs at primary markets were larger than during the previous month or the corresponding month of last year. The inspected slaughter of pork products also exceeded those of each prior period, while the cold-storage holdings declined. Prices for hogs and pork products, with the exception of ham, declined from both prior periods. Receipts and shipments of sheep were larger than during the previous month or October, 1927. The production of lamb and mutton under Federal inspection also exceeded those of each prior period. THE TOBACCO INDUSTRIES [Relative numbers, monthly average, 1923-1925 taken as 100. Where available, October, 1928, is latest month plotted] 1923 1924 1925 1926 !927 S928 1923 !924 !925 1926 1927 1928 1923 1924 1925 1926 1927 1928 160 p J 100 J. CIGARS M M in hi Ll i 1923 1924 1925 T926 1927 1928 1928 crop to be slightly larger than that for last year. Receipts and shipments of corn at the principal markets were less than during either the previous month or October of last year. Prices also declined from the previous month but were at a higher level than in October, 1927. The visible supply of oats was less than in September or a year ago. Receipts at the principal markets also were smaller than for either prior period, although the estimate of the 1928 crop indicated a 25 per cent increase over last year's total. Prices for oats averaged slightly above those for September but were lower than a year ago. The receipts and shipments of cattle at the primary markets were larger than • during the previous month, Imports of coffee were considerably less than for either the previous month or for the corresponding month of last year. Coffee prices on the other hand ranged higher than for either prior period. An increase in 'the imports of tea, as compared both with September and with the corresponding month of last year, was accompanied by a decline in price from both periods. Although the estimate of the 1928 tobacco crop indicated a considerable increase over last year's total, prices were higher than for either the previous month or for October, 1927. The consumption of each kind of tobacco was larger than for either prior period and exports of unmanufactured leaf showed a similar tendency. 14 TRANSPORTATION DISTRIBUTION MOVEMENT Car loadings in October were 5 per cent larger than a year ago, the only classes of goods to show a decrease from October, 1927, being grain, livestock, and forest products. For the first 10 months of 1927 car loadings showed a slight decline from the corresponding period of last year, grain and miscellaneous products being the only classes of goods to show an increase Fro01 October, 1927, in car loadings. Traffic through the inland waterways was uniformly larger than in September and, except on the Alleghany River, larger than a year ago. New orders for freight cars exceeded those of each prior period. Sales of mail-order houses and 10-cent chain stores showed substantial increases over both prior periods. Magazine advertising also exceeded that for either the previous month or the corresponding month of last year, and newspaper advertising, while much larger than in September, was 1 per cent less than a year ago. Postal receipts for the 100 important cities were larger than for either prior period, a similar trend being shown in the issuance of money orders. Dividend and interest payments scheduled for distribution in October exceeded those of either the previous month or the corresponding month of last year. BUSINESS FAILURES [Actual number of failures, by lines, plotted as 12 months' moving monthly averages on the end month] 1923 1924 1925 1926 1927 1928 1923 1924 1925 1926 1927 1928 GENERAL STORES * — — V. TRADERS JjJ i 1923 1924 1925 1926 1927 1928 BANKING AND FINANCE Check payments outside of New York City were larger than during either the previous month or the corresponding month of last year Loans and discounts of the Federal reserve member banks showed expansion as compared with both prior periods.. Interest rates on time loans were slightly higher and those on call loans lower than during the previous month, both being much higher than a year ago. New sales of life insurance were slightly less than in September, but were greater than a year ago. increases from September in ordinary and industrial insurance being more than offset by decreases in group insurance. For the first 10 months of tha year, however, the amount of new insurance sold was 8 per cent greater than for the corresponding period of 1927. Deposits in New York savings banks were slightly less than in September, but were greater than a year ago 1923 1924 1925 1926 1927 1928 GOLD, SILVER, AND FOREIGN EXCHANGE Receipts of domestic gold at the mint were much larger than for either the previous month or the corresponding month of last year. The Rand output showed a similar tendency, but to a lesser degree. October imports of gold were much larger and exports much smaller than for either prior period. Silver production exceeded that of September but was less than a year ago, prices being slightly stronger than for either prior period. Exchange on the principal foreign currencies showed only slight changes from September, increases occurring in the rates with Japan, India, and Brazil. Contrasted with last year the principal changes were downward, declines occurring in the Italian lira, the Swedish krone, Japanese yen, and the Argentinian and Chilean peso. 15 INDEXES OF BUSINESS The index numbers presented in this table are designed to show the trend in production, prices, trade, etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative numbers; often the individual relative numbers are also given. The function of index and relative numbers is explained on the inside front cover. All of the index numbers, except where noted, are based on the average of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues of the Survey (later data being available in the latest semiannual issues): Production, in the July, 1928, issue (No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September, 1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesale trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81), pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on 1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page 27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928, issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of living in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24. Maximum since Jan. 1, 1923 Relative to 1*23-1125 monthly average as 100 Minimum since Jan. 1, 1923 PER CENT INCREASE (+) OR DECREASE (— ) 1937 1928 OctoAugust September ber OctoAugust September ber Oct., 1928, !mm Opf 1Q9a imPt" fromOct!2l8927 i PRODUCTION TOTAL INDUSTRIAL Unadjusted, except for working days Adjusted for seasonal variations 117 114 81 83 105 107 106 105 105 103 110 112 115 114 117 114 + 1.7 0.0 + 11. 4 + 10.7 116 116 127 121 106 118 110 139 117 128 121 162 166 129 79 82 59 77 92 91 90 47 86 92 87 84 66 93 104 107 102 119 97 112 95 89 112 115 108 136 119 119 166 105 98 118 93 113 99 81 113 113 107 139 113 123 104 102 94 113 94 111 94 70 108 108 106 142 176 121 110 113 121 109 91 117 86 133 111 118 116 160 154 131 115 116 127 108 97 118 82 139 111 126 118 162 165 129 116 114 125 111 99 + 0.9 -1.7 -1.6 + 2.8 + 2.1 + 11.5 + 11.8 + 33.0 -1.8 + 5.3 81 120 106 119 120 — 1.2 -13.7 -4.5 -5.6 + 1.7 -13.8 +71.4 -1.9 +10.2 +13.2 166 127 + 0.6 -1.6 + 43. 1 + 5.0 120 125 133 126 134 128 124 125 123 124 84 90 77 1 88 0 82 93 75 85 111 106 92 106 123 99 101 114 112 94 111 105 92 99 124 87 104 111 111 90 112 105 90 106 124 95 102 110 105 91 110 105 91 95 122 105 116 121 108 82 115 108 94 95 125 109 121 114 115 79 122 114 99 119 + 6. 1 + 5. 6 + 5.3 + 25.3 + 8.9 + 8.6 + 10.0 + 12.3 115 128 110 108 81 + 5.5 + 5.8 -3.5 -6. 1 + 2. 5 + 21. 1 + 25. 5 0.0 + 2. 9 -11.0 124 421 131 148 160 187 79 26 76 68 64 44 105 225 89 77 123 187 87 89 85 75 89 150 95 68 108 73 81 154 97 195 79 80 117 170 92 54 92 76 95 137 102 35 95 ! 86 89 153 + 10.9 -54.3 +3.3 + 13.2 -6.3 + 11.7 + 7.4 -48. 5 -12.0 + 17.8 + 9.9 -0.6 . 251 205 199 266 353 266 45 38 60 55 11 22 115 169 86 124 74 106 183 178 146 183 186 220 219 160 199 223 260 266 115 186 83 165 45 117 178 165 133 206 184 206 251 174 151 266 353 207 + 41.0 + 5.5 + 13.5 + 29. 1 + 91.8 + 0.5 + 14. 6 + 8.8 -24. 1 + 19.3 + 35.8 -22.2 __ _ 112 112 151 161 148 78 78 54 18 65 99 102 63 119 116 98 99 84 124 113 96 94 100 117 104 89 88 82 161 73 77 77 68 129 65 87 84 108 128 85 + 13.0 + 9.1 + 58.8 -0.8 + 30.8 -9.4 -10.6 + 8.0 + 9.4 -18.3 , MANUFACTURING Total (adjusted for working days only) . Total (adjusted for seasonal variations) Iron and steel Textiles Food products Paper and printing Lumber _ _ .. Automobiles _ «. Leather and shoes Cement, brick, and glass Nonferrous metals Petroleum refining Rubber tires Tobacco manufactures MINERALS Total (adjusted for working days only). Total (adjusted for seasonal variations)Bituminous coal Anthracite coal Crude petroleum Iron-ore shipments Copper Zinc _ _ Lead Silver ANIMAL PRODUCTS (marketings) Total Wool Livestock Poultry and eggs Dairy products _ « CROPS (marketings) Total Grains* Vegetables* _ Fruits*. Cotton products* _ „ Miscellaneous crops* _ _ . FOREST PRODUCTS Total Lumber Pulpwood . Gum (rosin and turpentine)* Distilled wood . •Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except where noted. 16 INDEXES OF BUSINESS—Continued Relative to 1923-1925 monthly average as 100 PER CENT INCREASE (+) OR DECREASE (— ) 1937 1928 August SeptemOctober ber October August September Maximum since Jan. 1, 1923 Minimum since Jan. 1, 1923 139 153 144 141 128 129 25 30 24 22 14 19 95 108 96 101 102 98 98 118 99 103 107 99 92 103 99 95 107 96 98 92 118 100 108 97 95 99 124 92 109 93 134 82 109 120 132 107 115 131 + 13.9 -0.8 120 129 138 152 133 125 178 123 185 155 125 88 79 78 78 74 78 64 66 77 46 84 115 129 95 117 114 122 123 69 140 116 94 114 116 108 125 111 122 116 69 129 118 97 110 96 109 115 113 122 118 70 129 107 103 114 117 125 131 125 98 140 72 134 156 90 109 105 118 130 129 96 130 73 130 137 97 108 92 115 134 128 96 120 73 130 139 103 -0.9 -12.4 -2.5 + 3.1 -0.8 0.0 -7.7 0.0 0.0 + 1.5 + 6.2 -1.8 -4. 2 + 5. 5 + 16. 5 + 13. 3 -21. 3 + 1.7 + 1.4 + 3.4 + 29.9 0.0 150 159 202 136 153 69 68 43 54 73 104 119 96 96 89 124 125 135 103 110 149 136 173 117 146 102 136 66 100 93 120 145 96 116 108 149 156 149 133 139 + 24.2 + 7.6 + 55.2 + 14.7 + 28.7 0.0 + 14.7 -13.9 + 13.7 -4.8 157 154 157 204 142 67 62 66 53 56 73 85 66 66 78 71 87 65 62 72 68 84 66 62 62 75 66 75 60 88 75 69 75 60 84 72 74 75 62 69 -4.0 + 7.2 0.0 + 3.3 -17.9 + 5.9 -11.9 1 + 13.6 i 0.0 + 11. 3 124 119 130 128 167 188 128 118 125 131 82 86 87 71 43 26 68 82 88 72 111 97 111 125 165 98 122 98 110 111 112 102 117 113 140 95 127 106 122 117 106 102 122 99 101 87 114 105 128 118 109 101 118 110 148 92 119 96 115 108 110 101 130 105 137 88 110 100 119 127 112 108 125 99 122 106 108 108 133 131 + 1.8 + 8.0 -3. 8 -5.7 -10.9 + 20.5 -1. 8 + 8.0 + 11. 8 + 3.1 + 5.7 + 5.9 + 2.5 0.0 + 20.8 + 21.8 -5.3 + 2. 9 + 3. 9 + 11.0 156 64 105 118 147 127 143 183 + 28.0 + 24.5 250 224 350 169 160 161 163 62 77 47 82 79 70 55 130 170 165 140 106 110 101 128 171 198 137 106 119 108 153 190 250 151 111 124 121 133 205 197 169 104 123 109 144 200 246 164 105 122 130 163 228 287 169 107 134 127 + 13.2 + 14. 0 + 16.7 + 3.0 + 1.9 + 9.8 3. 1 + 6. 5 + 20.0 + 14.8 + 11.9 3. 6 + 8.1 + 5.0 186 117 71 83 89 97 100 107 119 113 85 96 106 101 123 110 + 16.0 + 8.9 + 3.4 2. 7 Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 PRODUCTION— Continued NEW ORDERS Total Textiles Iron and steel Lumber Paper and printing _ Stone and clay products Grand total _ _ STOCKS ~ Total manufactured goods Foodstuffs Textiles Iron and steel _ Nonf errous metals. _ _ _ Lumber Stone clay, etc Leather Rubber - ,, Paper Chemicals and oils - _ Total raw materials Foodstuffs Textiles _ Metals _ Chemicals and oils _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ _ _ __ __ UNFILLED ORDERS Total Textiles Iron and steel Transportation equipment Lumber ^_ WHOLESALE TRADE Grand total, all classes Groceries Meats Dry goods Men's clothing Women's clothing Boots and shoes Hardware Drugs -_ Furniture _ _ _ _ _ _ _ RETAIL TRADE MAIL-ORDER HOUSES (4 houses) CHAIN STORES: Ten-cent_ _ __ Grocery Wearing apparel Drug Cigar Candy _ __ Shoe DEPARTMENT STORES: Sales Stocks - _ _ i ii 17 INDEXES OF BUSINESS—Continued Relative to 1923-1925 monthly average as 100 PEE CENT INCREASE (+) OR DECREASE (— ) 1927 1938 October August September August SeptemOctober ber Maximum since Jan. 1, 1923 Minimum since Jan. 1, 1923 109 112 114 114 107 112 106 111 107 90 90 85 87 80 86 97 88 85 93 93 92 93 88 97 102 94 97 94 97 94 92 89 97 103 98 97 93 97 95 91 88 95 104 97 95 99 91 86 93 85 91 101 91 95 93 94 87 94 85 91 102 98 95 110 108 110 115 87 82 82 86 93 89 82 100 92 92 88 98 91 94 87 98 94 87 98 94 111 108 115 117 107 117 114 114 111 114 111 114 119 85 90 78 79 84 77 94 89 84 81 81 79 86 96 97 94 94 94 101 108 100 99 92 84 92 102 95 99 96 92 95 98 109 102 98 89 95 87 98 96 99 98 91 96 92 111 102 99 90 96 90 102 159 178 253 162 166 252 108 195 108 108 98 122 81 79 139 138 172 136 127 136 81 140 134 145 142 137 179 87 105 114 107 127 114 112 113 116 104 111 127 94 94 85 98 94 81 97 90 95 97 79 95 102 94 112 96 84 98 93 95 99 90 128 103 109 106 96 93 93 93 106 112 85 95 Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 94 96 90 95 85 90 103 98 93 + 1.1 + 1.1 95 89 99 95 97 91 98 97 + 2.1 + 2.2 -1.0 + 2.1 + 6.6 -3.2 + 12.6 -1.0 95 95 84 98 89 92 108 98 98 99 86 101 96 97 98 87 98 91 91 110 102 96 100 90 101 98 100 100 93 103 93 88 112 104 98 107 92 105 100 + 3.1 + 2.0 + 6.9 + 5. 1 + 2.2 -3.3 + 1.8 + 2.0 + 2.1 + 7.0 + 2.2 + 4.0 + 2.0 + 4.2 + 1.0 -5. 1 + 13.2 -3. 1 -4.3 + 0.9 + 2.0 -1.0 + 18.9 -4.2 + 16.7 -2.0 139 128 138 145 146 169 83 139 120 137 162 136 153 87 141 117 127 174 145 142 85 137 116 114 160 150 147 83 -2.8 -0.9 -10.2 -8.0 + 3.4 + 3.5 -2.4 -1.4 -9.4 -17.4 + 10.3 + 2.7 -13.0 0.0 97 106 97 113 99 84 98 92 96 99 89 97 105 100 113 98 84 97 92 97 99 88 99 107 104 121 96 85 100 95 95 97 79 100 109 107 121 96 85 101 95 95 97 80 98 104 102 118 96 85 101 95 96 97 80 -2.0 -4.6 -4.7 -2.5 0.0 0.0 0.0 0.0 + 1.1 0.0 0.0 + 1.0 -1.0 + 2.0 + 4. 4 -2.0 + 1.2 + 4.1 + 3.3 -1.0 2 0 -9. 1 97 93 98 93 99 94 100 94 98 96 100 95 97 99 -99 97 97 101 101 98 97 99 97 96 0.0 -2.0 -4.0 -2.0 -1.0 + 3. 1 -3.0 + 1.1 100 100 101 103 102 104 ! 103 103 103 102 102 101 -1.0 -1.0 0.0 -2.8 EMPLOYMENT Number employed, by industries: Total, all classes Food products Textiles Iron and steel _ _ Lumber Leather Paper and printing Chemicals __ _ __ Stone, clay, and glass Metal products other than iron and steel Tobacco products Vehicles __ Miscellaneous _ Amount of pay roll, by industries: Total, all classes Food products _ Textiles Iron and steel Lumber Leather _ _ _ Paper and printing __ Chemicals Stone, clay, and glass. Metal products other than iron and steel _ Tobacco products __ Vehicles Miscellaneous. - + 2.1 + 3.4 + 1.1 0.0 -1 1 + 1.0 0.0 -2.1 -1.0 -5.3 + 4.4 -3.4 -5.3 -1.0 + 1.0 -2. 1 PRICE INDEX NUMBERS FARM PRICES (Relative to 1909-1914 average as 100) All groups Grains Fruits and vegetables Meat animals Dairy and poultry Cotton and cottonseed Unclassified __ _ _ _ WHOLESALE PRICES Department of Labor Indexes (Relative to 1926 monthly average as 100) All commodities _ __ _ _ Farm products Food, e t c _ _ _ _ _ _ _ _ _ ! Hides and leather products Textile products ___ Fuel and lighting Metals and metal products Building materials. _ _ _ _ Chemical^ House-furnishing goods.. Miscellaneous. Classified by state of manufacture: Semimanufactured articles Finished products Raw materials _ _ __ Nonagricultural commodities Commercial Indexes (Relative to 1926 monthly average as 100) Dun's Bradstreet's _. . 22906—28 3 _. 18 INDEXES OF BUSINESS—Continued Mini- 1927 1928 since Jan. 1, 1923 since Jan. 1, 1923 Au gust SeptemOctober hflr August SeptemOctober ber 173 167 186 177 179 208 123 176 158 141 161 160 156 174 118 171 mum mum Relative to 1923-1925 monthly average as 100 PER CENT INCREASE (+ ) OR DECREASE (— ) Maxi- Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 PRICE INDEX NUMBERS— Contd. COST OF LIVING National Industrial Conference Board Indexes (Relative to July, 1914) All items weighted Food (Department o f Labor) _ _ _ _ _ _ Shelter _ Clothing . _ Fuel and light (combined) Fuel _ _ Light . _ _ Sundries _ 163 152 169 170 161 181 122 172 163 154 168 171 162 183 122 1,72 164 156 167 170 163 184 122 173 161 154 161 173 159 178 121 171 163 158 161 174 160 180 121 171 i 163 157 161 173 161 182 121 171 0. 0 -0. 6 0.0 -0. 6 + 0. 6 + 1. 1 0.0 0. 0 1 i — 0. 6 + 0. 6 -3. 6 + 1. 8 — 1. 2 — 1. 1 -0. 8 — 1. 2 ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFACTURES, 1927 VALUE OF PRODUCTS INDUSTRY 1937 1925 Thousands of dollars Adhesives, other than glue and rubber cement AsbestosFproducts Baskets, rattan and willow ware, not including furniture Batteries, total Beverages Brushes Cement Caskets, coffins, burial cases, and morticians' goods Common brick Chocolate and cocoa products Coffee roasting and spice grinding. Draintile Dressed furs 3 Engraving, steel and copperplate, and plate printing Face brick Fire brick Floor and wall tile and similar tileFurniture and store and office fixtures Gas meters and water meters Glass Haircloth Hollow building tile. Per cent increase (2) PERSONS EMPLOYED , 1837 1925 Number 9,853 -19.4 36, 274 21.7 502 6,337 25.8 -3.1 2.0 4.4 -2.4 8,594 6,808 26, 974 7,673 36, 292 27, 384 7,836 38, 437 6.4 74, 891 70, 413 74, 625 87, 276 -14.5 15.1 122, 723 106, 642 380, 157 297, 528 27.8 3.1 4,110 4,238 27, 357 25, 423 7.6 11, 665 26, 297 6,427 8,168 1,533 5,468 11, 479 29, 524 7,128 9,665 1,539 5,056 38,658 32, 106 46, 179 47, 914 40, 621 i 4 4 , 838 27, 959 22, 455 20.4 -3.6 -9.4 24.5 8,427 15, 312 12, 269 9,264 7,259 14, 701 13, 452 7,704 842, 716 36, 715 34, 292 279, 708 295, 959 3,616 2,746 25, 953 28, 452 7.1 55 31.7 -8.8 5,915 65, 813 385 7,929 5,514 69, 371 355 8,250 7,945 44, 156 20, 960 16, 658 150, 452 155, 248 242, 515 237, 761 47, 844 45,824 293, 565 300, 895 561 6,129 Per cent increase (2) INDUSTRY Lace goods . Leather, tanned, curried, and finished Lighting equipment manufacture. 26.2 Nonclay refractories i Perfumes, cosmetics, and toilet -1.5 preparations -2.1 Printing inks _ ._ —5.6 Pulp goods Radio apparatus and tubes 1.6 Rag carpets and rugs.. _ -10.9 Red earthenware . -9.8 Roofing tile _ -15.5 Sewer pipes -0.4 Sewing machines, cases, and attachments 8.1 Soap _ 16.1 Steel and brass pens __ 4.2 Stoneware and yellow and rockingham ware -8.8 20.2 Trunks, suit cases, and bags Vitrified brick or block White ware . _ 7.3 Wood preserving —5 1 Wool shoddy 8.5 Writing ink 10.5 3.4 -3.9 VALUE OF PRODUCTS PERSONS EMPLOYED 1987 1927 1925 Thousands of dollars Per cent increase (2) Number Per cent increase («) -7.5 6,482 7,006 7.1 15.5 14.5 53,047 53,043 4,729 4,102 15.3 177, 091 37, 734 34, 753 23, 818 20, 270 191, 849 176, 990 5,890 5,710 2,371 2,400 5,435 5,841 34, 379 33, 536 8.6 17.5 8.4 3.2 -1.2J -7.0 2.5 2,294 2,989 2,150 3,017 6.7 -0.9 1,633 673 1,410 11, 029 1,901 -14.1 705 -4.5 1,302 8.3 10, 711 3.0 45, 222 46, 298 287, 060 278, 273 1,658 1,446 -2.3 3.2 14.7 11, 838 13, 432 534 12, 121 -2.3 15, 406 -12.8 487 9.7 4,929 59, 959 11, 049 32, 476 184, 558 12, 597 5,342 14.3 -2.1 -6.1 -1.4 1,660 11, 178 3,510 13, 395 12, 259 1,679 491 1,463 10, 348 3,638 13, 480 27, 298 30,844 -11.5 1925 494,781 462,014 251, 449 217, 793 22, 252 19, 430 4,311 61,224 11, 767 32, 949 21, 022 -40.1 6,084 -12.2 13.5 8.0 -3.5 -0.6 2,218 -24.3 524 -6.3 1 Compiled by the U. S, Department of Commerce, Bureau of the Census, from reports collected in connection with the census of manufactures. Data for other industries will appear as they are completed. Statistics in greater detail may be obtained from the bureau's preliminary statements on the respective industries. 23 A minus sign (—) denotes decrease. Value of products and receipts for contract work. 19 CONSUMPTION OF ELECTRICAL ENERGY BY INDUSTRIES ' ACTIVITY IN LEADING INDUSTRIES THROUGHOUT THE COUNTRY (1923-1925 monthly average=100) ALL INDUSTRY Chemicals and allied products Food and kindred products MONTH January February March April May June July August September October November D ecember - _. _ _ _ __ - - _ Monthly average % 1933 1924 1925 1926 1927 1928 1923 103.9 113.0 107.4 114.0 113.6 108.1 104.0 102.2 109.8 107.2 105.9 98.7 103.0 111.1 102.7 100.9 84.4 76.8 73.4 79.8 92.6 92.3 95.9 97.2 102.9 112.3 108.0 111.2 106.8 99.7 99.2 94.3 98.1 107.3 112.8 110.3 118.4 123.7 118.5 114.1 111.3 106.6 106.7 110.9 118.6 119.0 111.9 101.7 111.5 120.7 116.8 116.9 120.7 112.5 110.6 110.6 118.4 119.9 115.2 109.8 118.4 127.7 118.2 119.3 119.0 116.4 120.2 120.8 134.5 132.0 97.7 97.7 87.2 92.0 83.8 95.1 86.8 93.3 88.5 96.0 85.8 96.1 87.3 89.3 78.3 92.9 94.7 98.4 107.0 114.5 99.2 126.0 101.2 117.4 107.3 92.5 105.2 113. 5 115. 3 91.5 Rolling mills and steel plants January February March April Mav June July August September October November December 109.9 109.0 108.2 120.8 123.2 113.5 106.2 120.5 126.8 125.6 123.5 122.5 116.3 113.0 106.4 109.6 111.8 108.9 110.6 a 112. 9 116.3 1 i Monthly average. -_ 116.0 119.4 124.7 124.2 116.7 108.5 106.2 111.3 110.8 111.2 93.7 90.6 _ 111.1 Monthly average. 98.4 99.4 100.8 95.3 90.3 84.3 80.6 91.0 101.9 108.8 99.1 86.8 96.0 104.4 105.8 105.8 96.2 89.5 92.2 101.5 104.8 108.5 93.8 89.0 90.8 111.2 93.9 87.3 87.3 86.6 86.2 100.0 102.9 103.3 105.8 101.2 102.5 105.6 99.7 101.3 96.3 97.8 96.3 97.0 105.9 111.0 104.5 98.2 94.7 99.0 96.4 101.3 100.7 131.3 133.8 124.5 125.4 125.0 121.2 121.2 125.4 141.2 144.7 116.3 123.5 113.0 115.8 116.8 109.8 113.0 107.5 110.0 106.7 103.2 96.8 ... _ _. .. Monthly average 94.0 104.0 101.4 132.2 125.0 125.0 107.7 97.6 119.0 99.2 103.2 98.6 103.5 105.8 100.8 100.8 78.0 71.2 68.2 72.0 89.6 84.5 91.8 103.8 113.7 114.0 105.2 105.2 103.2 98.3 100.8 96.6 108.8 111.2 122.4 123.3 113.2 125.9 111.4 115.4 109.3 107.0 97.3 98.5 114.0 113.8 112.8 101.5 111.2 118.4 115.0 115.7 120.4 114.9 109.0 117.8 114.4 115.6 117.0 96.7 108.9 89. 2 108. 6 110.0 112,8 111.0 •. 116.6 126.4 114.2 117.1 117.5 108.0 97.1 99.2 113.8 108.0 116.9 103.0 105.8 103.6 87.4 87.5 72.7 69.2 68.6 74.7 95.2 101.8 109.7 109.2 106. 4 117. 6! 105. 7 109. 8 101. 4 96. 2i 94. 21 97. 8 104. 0 104. 5 118. 3! 121. 8| 119. 7 117. 5 114. 1 101. 8 100. 5 96. 3 88. 7 94. 1 113. 7 123. 4 127. 5 122. 5 1927 1928 1923 1924 1925 1926 1927 1928 113.2 108.8 106.2 101.2 108.2 104.0 104.8 111.0 135.4 121.2 127.0 127.8 122.2 115.6 113.3 111.2 120.8 111.1 115.7 122.7 113.8 120.2 99.9 106.2 95.1 105.3 103.1 108.0 111.8 101.7 104.9 97.8 122.6 115.8 115.5 109.0 124.2 129.1 126.8 131.7 126.3 122.6 128.5 119.2 132.0 129.4 96.1 92.7 96.3 101.2 106.4 110.8 104.8 103.3 104.9 105.8 104.4 102.2 102.3 101.8 99.6 95.6 103.8 114.9 118.2 107.4 105.9 102.2 99.4 94.9 103.4 93.4 87.9 89.4 99.4 109.3 105.8 101.2 104.4 103.7 95.1 99.4 101.7 98.9 87.3 98.2 102.8 98.9 112.4 120.4 112.8 107.9 104.0 95.2 95.3 98.5 83.8 104.2 115.8 113.4 121.2 111.6 127.4 120.8 117.9 104.6 102.4 115.6 108.4 105.9 103.9 116.8 129.2 128.3 142.0 138.0 112.4 114.4 107.6 102. 4J 103. 8 99.4 103.4 109.5 116.0 119.3 108.4 105.2 98.2 90.7 90.7 92.5 97.2 96.0 105.8 113.0 131.5 129.9 121.8 116.0 109.3 110.0 107.4 110.4 118.5 122.9 114.8 113.1 114.0 114.3 108.3 106.3 109.0 105.6 104.4 103.0 105.2 109.7 106.3 101.2 88.2 102. 8 117. 1 107.3 Metals 117.4 127.6 117.4 121.7 122.7 123.7 126.3 125.8 144.2 144.5 116.3 123.5 113.0 115.8 116.8 109.8 113.0 107. 5 110.0 106.7 103.2 96.8 104.3 117.0 110.4 102.8 78.5 68.1 62.1 69.5 78.7 78.6 88.2 100.0 116.0 119.3 108.4 105.2 98.2 90.7 90.7 92.5 97.2 96.0 105.8 113.0 131.5 129.9 121.8 116.0 109.3 109.9 108.2 109.3 119.7 123.0 114.2 109.6 117.7 120.5 117.0 114.9 116.7 110.9 108.6 104.6 107.4 110.8 107.7 105.9 111.0 88.2 102.8 116.9 111.9 Lumber and its products 112.2 118.4 107.0 98.8 98.1 100.2 99.0 94.7 106.9 103.8 82.5 81.7 81.8 96.7 97.5 100.2 101.8 96.8 105.7 103.4 106.7 104.6 105.3 114.0 100.5 102.0 101.2 99.8 89.7 95.6 105.8 98.5 104.2 113.0 96.6 102. 5 110.5 115.0 109.6 107.2 106.4 103.4 101.2 104. 3 109.3 102.0 113.2 102.0 126.2 132.8 123.0 122.2 117.5 108.4 106.0 116.4 117.8 118.8 112.9 103.7 118.8 116.0 105.7 111.4 136.8 113.4 112.9 128.0 141.3 139.2 135.8 123.3 107.0 117.1 123.6 120.4 137.0 126.2 121.7 128.5 131.7 135.3 138.4 151.2 146.4 107.7 113.3 106.0 115.4 110.8 109.2 108.8 111.6 111.3 109.3 106. 4 91.4 101.8 104.0 115.0 114.6 105.5 100.7 98.1 94.2 101.8 101.5 102.9 116.7 127.5 114.9 109.8 105.7 104.7 91.8 97.3 112.5 121.0 89.7 100.3 95.2 113.2 121.6 117.0 122.7 127.8 115.4 94.3 90.8 97.8 101.2 111. 5 105.7 90.2 76.1 73.7 79.1 86.7 88.8 85.2 91.3 101.8 116.2 120.2 108.8 99.6 105.2 100.4 99.2 102.6 112.8 105.6 107.1 108.4 112.8 119.4 109.9 127.7 125.0 128.4 130.8 110.8 111.3 117.0 115.4 141.0 129.2 120.4 117.7 129.8 134.5 130.5 116.7 112.2 106.6 117.2 100.8 94.6 107.2 90.9 107.2 120.8 117.5 73.2 90.2 102.7 119.5 118.3 113.6 102.5 99.8 106.6 109.7 97.4 94.6 97.4 117.5 118.2 115.4 96.6 79.5 81.3 85.3 92.2 88.0 75.6 62.8 72.7 93.8 113.7 132.4 134.2 121.4 120.5 78.6 104.5 136.3 122.7 100.0 99.1 122.4 129.7 136.8 139.0 121.5 111.0 132.2 129.2 108.2 82.8 52.1 113.0 96.2 93.5 105.7 111.3 109.0 88.6 86.2 91.9 100.0 104.0 98.3 99.8 122.7 117.9 108.4 108.4 100.0 101.9 109.6 118.6 128.2 133.4 118.5 118.2 128.7 130.2 116.0 124.2 124.8 119.8 115.8 117.3 122.7 127.7 126.5 122.0 103.8! 115.5 123.0 104.8 98.6 102.0 106.0 111.5 102.4 93.8 96.7 87.8 107.7 110.5 113.2 121.3 124.2 120.2 120.5 136.4 133.7 127.3 129.1 132.0 133.3 Stone, clay and glass 94.2 98.8 75.4 93.3 84.0 85.3 67.2 67.3 72.3 73.8 103.7 114.5 96.7 97.4 92.4 94.5 99.2 93.3 104.2 96.5 102.8 100.6 99.7 Automobiles, including repair parts 127.7 136.0 125.0 128.3 128.5 118.8 113.0 113.0 121.2 125.4 119.2 112.3 124.4 130.7 121.0 123.2 123.6 122.7 124.2 125.5 143.0 144.6 Paper and pulp Shipbuilding Textiles January . . February March _ April May June July August September . _. October November December.. 1926 104.3 117.0 110.4 102.8 78.5 68.1 62.1 69.5 78.7 78.6 88.2 100.0 Rubber and its products January February. March. April.. May June July August _ September October ._ November December 1925 Metal working plants Leather and its products January February.. March April May June „July. August September October November December 1924 78.1 103.4 118.2 128.7 131.5 107.6 102.3 108.0 109.5 114.2 100.7 106.4 135.2 148.7 136.2 148.7 141.6 136.0 143.7 143.2 161.0 141.2 98.7 102.6 99.0 97.3 94.2 98.2 94.2 99.0 105.3 100.4 108.8 103.0 93.2 101.0 96.7 105.8 114.9 110.8 113.0 104.8 111.3 106.7 115.0 116.0 11^2; 118. 8; 105. 2 109. 7j 117. 9j 127.2! 122.0! 124. 51 129. 0 130. 7 118. 5> 122. 5! 100.1 107.4 120. ol 111.01 98.4 105. 8 110. 2 117.4 130. 2 107.4 111.3 114. 1 118. 2 111. 0 109. 7 98. 8 105.2 127.3 121.1 133.6 129.3 128.0 129.8 135.3 152.0 144.7 Metal working industry * 108.5 118.2 111.5 118.0 116.6 109.9 110.0 104.1 107.7 105.7 101 0 96. 1 101.7 120.4 111.2 105.0 84.5 74.3 70.3 76.1 84.4 82.8 87 7 91. 6 104.5 108.0 109.0 110.7 106.4 98.2 97.7 89.4 98.4 104.4 109 2 109.2 112.5 126.8 122.2 120.7 115.2 111.8 106.1 113.2 119.3 119.0 107 0 98.7 108.0 112.7 110.6 112.0 114.5 106.1 104.1 104.0 106.5 110.8 105 6 103.9 120.2 134.8 118.6 125.4 124.2 124.1 127.4 Monthly average 111.5 90.5 106.5 110.0 122.4 102.3 92. 5 110. 9 113.7 108.9 108. 9l 90. 8 103.8 115.2 108.2 Data compiled by the Electrical World and represent the utilization of electrical energy by 3,600 identical concerns depending at all times upon electrical energy for power 2 and do not show the expansion of the market for central power with new customers. All figures are adjusted to the basis of 26 working days to the month. 7 months' average. 3 Compiled by the American Machinist. 1 20 CONSUMPTION OF ELECTRICAL ENERGY BY INDUSTRIES—Continued ACTIVITY BY GEOGRAPHICAL DIVISIONS New England UNITED STATES North Central MONTH January February March _ _ _ _ April May June July August - P^ptembftr _ 1923 1924 1925 1926 1927 1928 1923 1924 1925 1926 1927 1928 1923 1924 1925 1926 1927 103.9 113.0 103.0 111.1 102.9 112.3 118.4 123.7 111.5 120.7 118.4 127.7 114.0 113.6 108.1 104.0 102.2 109.8 107.2 105.9 98.7 100.9 84.4 76.8 73.4 79.8 92.6 92.3 95.9 97.2 111.2 106.8 99.7 99.2 94.3 98.1 107.3 112.8 110.3 114.1 111.3 106.6 106.7 110.9 118.6 119.0 111.9 101.7 116.9 120.7 112.5 110.6 110.6 118.4 119.9 115.2 109.8 119.3 119.0 116.4 120.2 120.8 134.5 132.0 117.0 120.3 113.2 123.8 120.0 116.4 106.2 99.2 113.8 107.0 111.3 112.4 111.7 102.1 91.3 94.0 82.1 80.6 71.1 72.4 90.5 96.0 105.2 107.0 108.0 112.7 104.7 107.0 101.0 95.1 91.1 94.0 100.6 104.0 113.3 114.2 105.9 114.0 111.8 105.5 105.8 98.6 92.9 100.7 111.5 117.8 113.3 116.0 117.2 120.4 113.4 114.0 115.2 112.0 109.3 105.4 114.0 114.0 109.7 103.9 115.2 125.2 116.9 113.8 109.1 108.4 102.4 102.2 115.3 119.3 96.4 102.0 103.2 120.4 118.6 115.0 113.2 109.2 111.4 103.2 98.0 96.2 99.3 111.8 111.9 107.3 91.4 80.7 78.6 86.4 91.6 89.1 90.4 87.5 98.4 107.3 108.2 116.2 113.2 104.5 103.4 94.1 105.5 108.8 122.3 108.8 111.8 122.6 118.2 118.9 122.4 111.0 104.1 117.2 121.2 123.4 107.2 95.2 105.5 117. 4 117.4 118.9 124.7 110.9 115.5 112.5 116.4 115.0 111.4 107.8 107.3 92.5 105.2 113. 5 115. 3 113.4 92.0 103.8 107.8 112.4 107.2 93.8 107.6 114.4 114.5 .__ 107.4 102.7 108.0 118.5 116.8 118.2 _ -. October November.. _ December Monthly average Southern Middle Atlantic January February March April May June July August September October November December __ _ 115.4 117.6 118.4 111.7 114.4 109.0 101.2 94.1 105.5 _ _ . _ 104.5 108.7 101.0 100.6 108.4 97.6 95.2 80.5 77.1 68.6 70.7 90.0 101.8 109.2 107.2 108.5 92.2 Monthly average 119.1 118.3 114.9 108.4 104.7 98.4 92.9 103.8 111.0 112.8 109.3 107.3 114.0 112.5 109.6 105.9 108.8 101.9 96.0 97.4 111.6 111.5 110.4 109.9 105.7 j 108.4 107.5 111.0 115.0 106.3 105.4 98.8 96.7 96.6 93.8 100.8 108.0 118.2 117.2 116.2 126.6 114.2 112.0 112.9 113.4 110.8 118.3 136.0 133.4 1928 117.0 127.7 122.3 129.0 127.2 124.6 131.8 132.4 149.7 143.5 Western 98.3 104.0 98.8 103.0 107.1 100.0 103.3 91.6 107.4 103.5 104 3 100.0 96.5 100.6 95.7 94.1 88.9 85.3 79.0 79.0 99.6 105.5 111.7 109.1 105.9 107.7 111.6 106.8 105.3 99.7 99.8 96.6 108.1 112.0 121 4 124.5 120.0 119.3 113.5 114.3 109.7 106.8 102.6 105.7 115.2 122.5 134 2 126.1 132.8 123.4 117.2 119.3 123.0 120.0 112.7 121.0 136.8 134.4 137 8 128.0 101.8 95.4 108.3 115.8 125.5 124.8 134.8 115.4 115.2 110.6 114.6 112.0 112.8 127.5 129.7 95.7 95.3 90.0 97.3 106.9 101.1 110.3 105.4 107.7 98.3 93.9 101.2 105.3 107.3 102.1 93.1 95.6 91.4 97.3 97.0 96.3 96.3 97.9 100.3 112.0 105.8 103.3 96.6 104.1 100.3 100.1 96.1 104.5 101.5 104.5 109.2 117.8 116.5 110.6 117.5 122.2 121.2 114.2 119.8 120.2 116.7 112.8 108.0 118.7 116.1 100.1 122.1 126.8 117.2 125.4 115.3 124.6 125.7 117.0 116.9 100.3 98.3 103.2 116.5 118.8 115.0 116.7 110.4 117.8 112.9 118.5 116.5 127.5 150.8 148.7 MAGAZINE ADVERTISING » [Number of agate lines] MONTH January February March April .. _. May June July August - September October November December - _ -_ - - Total Monthly average January February March April May June July August September October November December ' - - . _. .- . Total Monthly average _ _ _ 3 1909 1910 1911 1913 1913 1914 1915 1916 1917 1918 827. 236 923, 231 1, 116, 064 1, 241, 719 1, 077, 377 1, 534, 993 1, 524, 130 1, 394, 544 1, 138, 199 1, 250, 196 1, 424, 116 1, 550, 258 1, 201, 757 1, 381, 661 1, 396, 140 1, 548, 999 966, 694 1,234,273 1, 374, 138 1, 557, 186 874, 890 , 109, 692 , 317, 292 , 428, 054 939, 868 1, 107, 716 1, 208, 866 1, 267, 239 920, 856 1, 195, 631 1, 406, 361 1, 560, 377 1, 120, 777 1, 391, 897 1, 610, 201 1, 838, 118 1, 105, 787 1, 230, 205 1, 412, 148 1, 676, 176 1, 214, 450 1, 087, 154 864, 495 809, 735 1, 573, 132 1, 315, 363 1, 073, 324 867, 452 1, 598, 494 1, 323, 201 1, 037, 119 893, 860 1, 484, 454 1, 284, 013 974, 074 788, 508 1,475,223 1, 328, 130 950, 479 753, 373 , 448, 781 , 262, 512 951, 521 749, 541 1, 324, 691 1, 216, 698 966, 097 805, 507 1, 627, 032 1, 464, 478 1, 141, 115 1, 052, 473 1, 785, 000 1, 602, 665 1, 267, 478 1, 031, 128 1, 624, 088 1, 499, 789 1, 237, 323 1, 019, 227 1, 038, 465 1, 336, 525 1, 353, 881 1, 336, 226 1, 078, 150 1, 408, 849 1, 516, 134 1, 499, 875 1, 100, 669 1, 478. 278 1, 474, 159 1, 448, 831 1, 080, 513 1, 379, 742 1, 398, 479 1, 417, 732 1, 031, 619 1, 314, 680 1, 351, 705 1, 347, 349 1, 024, 552 1, 182, 710 1, 188, 252 1, 107, 636 1, 018, 901 1, 270, 598 1, 309, 159 1, 298, 039 1, 255, 531 1, 644, 060 1, 573, 117 1, 632, 655 1, 265, 734 1, 703, 763 1, 645, 354 1, 617, 524 1, 248, 476 1, 406, 545 1, 410, 473 1, 343, 764 13, 149, 181 1, 095, 765 15, 863, 323 1, 321, 944 15, 717, 380 1, 309, 782 15, 336, 072 1, 278, 006 14, 684, 849 1, 223, 737 13, 645, 433 1, 137, 119 13, 733, 379 1, 144, 448 16, 473, 686 1, 372, 807 17, 879, 639 1, 489, 970 16, 214, 001 1, 351, 167 1919 1920 1921 1922 1923 1924 1925 1, 092, 975 1, 447, 206 1, 789, 051 2, 167, 605 1, 805, 368 2, 425, 972 2, 667, 691 2, 914, 488 1, 730, 824 1, 758, 934 1, 768, 381 1, 820, 158 1,181,360 1, 427, 259 1, 593, 204 1, 809, 541 1, 457, 209 1, 762, 080 2, 010, 803 2, 309, 452 1, 565, 215 1, 905, 528 2, 172, 222 2, 476, Oil 1, 598, 324 2, 037, 513 2, 297, 263 2, 505, 242 2, 236, 079 2, 201, 634 1, 772, 717 1, 558, 744 2, 931, 244 2, 845, 948 1, 971, 866 1, 970, 612 1, 843, 999 1, 684, 016 1, 323, 685 1, 182, 353 1, 894. 637 1, 722, 703 1, 419, 444 1, 299, 821 2, 219, 563 2, 046, 054 1, 693, 895 1, 477, 356 2, 401, 448 2, 202, 402 1, 649, 686 1, 403, 828 2, 082, 723 2, 372, 144 (*) 2 321,060 2, 284, 687 2, 667, 938 2, 636, 909 2, 371, 906 1, 370, 244 1, 545, 610 1, 601, 759 1, 523, 967 1, 525, 172 1, 946, 910 1, 918, 395 1, 860, 985 1, 752, 833 2, 228, 560 2, 217, 625 2, 044, 051 1, 796, 158 2,194,504 2, 194, 068 2, 084, 428 21 041, 938 3 1, 912, 903 29 494, 629 2, 457, 886 19, 153, 930 1, 596, 161 19, 599, 431 1, 633, 286 23, 219, 481 1, 931, 957 24, 045, 498 2, 003, 792 1926 1927 1928 1, 901, 534 2, 287, 158 2, 515, 201 2, 765, 036 1, 954, 081 2, 370, 318 2, 584, 084 2, 835, 395 1,811,053 2, 176, 059 2, 517, 200 2, 925, 964 2, 420, 040 2, 308, 373 1, 744, 498 1, 553, 270 2, 659, 718 2, 628, 524 1, 984, 428 1, 831, 974 2, 906, 865 2, 554, 224 2, 046, 006 1, 891, 293 2, 811, 504 2, 571, 240 2, 139, 405 1, 755, 140 2, 062, 367 2, 503, 568 2, 660, 087 2,248,068 2, 807, 172 2, 962, 388 2, 272, 365 2, 756, 449 2, 912, 172 2, 278, 995 2, 870, 549 2, 844, 599 1 Compiled by Printer's Ink and represents magazine advertising lineage of leading magazines of the country. The data for the last 4 years cover the lineage in identical magazines. For earlier years the magazines covered are not entirely identical but represent the field with equal thoroughness. 23 Data not available due to printers' strike. 11 months. 21 FLOOR AND WALL TILE Production Stocks, end of month Shipments MONTH Production Production Shipments 1935 1934 Square feet Stocks, end of month Shipments Value Square feet Square feet Stocks, end of month 1936 Value Square feet Square feet Value Square feet January... February. March April. 4, 784,933 4,764,692 5,067,113 4,532,963 3,662, 495 3,525,043 3,986,924 4,091,811 $1, 202,232 1,092,103 , 187,576 , 308,588 6, 725,486 7, 241,801 7,844,941 8,107,465 3, 707,380 3,804,906 4,106, 761 3,953,531 3,061,814 3,297, 656 3,917,862 4,288,052 $1,090,044 1,166,964 1,361, 282 1,508, 768 9, 273,492 9,535, 538 9, 704,917 9, 265,448 5,069,911 4,938,921 5,659,129 5,330,429 4,404,227 4,274,041 4,997,070 5,178,162 $1,664,517 1,603,531 1,861,501 1,872,847 7, 744,206 7,838,722 8,617,235 8, 513,628 May.... June July.... August.. 3,928,441 3,977,342 3,527,485 3,878,151 3, 539,444 3,803,613 3,650,567 3,923,304 , 221,538 ,329,864 ,260,824 , 329,346 8,126,151 8,135,130 7,747,682 7, 526,825 4,260, 763 4,506,862 4, 594, 522 4,908,662 4,344,017 4, 556,067 4,870,211 4,907,158 1, 549,582 1,631, 274 1,733,089 1,801,931 8,495,827 7,590,686 7,375,322 6,867,613 5,483,792 5,770,984 5,847,698 5,842,431 5,071,192 5,529, 547 5, 526,373 6,006,805 1, 2,061,051 2,094,805 2,241,974 8,794,369 8,565,048 9,023,321 8,797,949 September. October. _.. November.. December.. 4,109,773 4,422,386 3,901,648 3,828,533 3,778,454 4,060,339 3,298,604 1,314,150 1,471,346 1,177,044 1,143,450 7,673,906 7,968,691 8,065,835 9,125,005 5,194, 018 5,412,056 5,238,613 5,363,558 5,219,495 5,515,201 5,057,176 5,108,444 1,905,990 2,045, 539 1,776,390 1,911,876 6,913,415 6,839,880 6,926,379 7, 789,150 5,435,254 5,921,648 5,600,995 5,433,438 5,756,751 5,344,115 5,110,662 5,057,424 2,119,786 2,032,334 1,950,251 1,924,189 8,576,344 8,690,152 8,770,089 9.001,354 50,723,460 4,226,955 44,376,887 3,698,074 15,038,061 1,253,172 7,857,410 55,051,632 4,587,636 54,143,153 4,511,929 19,482, 729 1, 623,561 8,048,139 66,334,650 5, 527,888 62,256, 369 5,188,031 23,316,634 1,943,053 8,577,701 Year's total _ Monthly average Production Shipments MONTH Stocks, end of month Production Shipments 1938 1937 Square feet Value Stocks, end of month Square feet Square feet Value Square feet January... February.. March April 5,616,791 5,186.851 5,548,929 5,517,956 4,436,602 $1,692,308 4,412, 009 1,687,766 5,278,465 2,008,207 5,022,172 1,916,368 10,232,554 11,250,739 11,493,179 11,860, 245 4,702,025 4, 675,108 5,348,991 5,236,788 4,019,156 4,245,023 5,355,017 5,687,619 $1,526,204 1,708,661 2,074,504 2,060,213 13,963,728 14,241,990 13,982,101 13,576,999 June July.... August _ May 5,252,833 5,240,515 5, 214,383 5, 554,007 5,172,391 5,173,542 5,299,324 5,460,747 1,936,356 1,959,959 1,989,451 2,085,932 11,894, 209 11,971,667 11, 374, 500 11,393,156 5,728,534 6,192,106 5,913,771 6,604,309 6, 598, 763 2, 214,618 2,461, 583 2, 548,456 14,430,676 13,030,846 September.. October NovemberDecember.. 5,612,278 5,928, 267 5,079,608 4,550, 522 5,696,250 5,326,080 4,409,461 3, 707, 753 2,162, 548 2,009,768 1, 672,408 1,580,562 11,359,837 12,072,756 12,767,315 13,288, 515 Year's total Monthly average _ 64,302.940 5,358,578 59,394, 796 22,701, 633 4,949, 566 1,891,803 * Compiled by the U. S. Department of Commerce, Bureau of the Census, from data reported by 39 concerns, which produced about 80 per cent of the total production of floor 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. 22 TREND OF BUSINESS MOVEMENTS The following table contains a summary of the monthly figures, designed to show the trend in important industrial and commercial movements. These data represent continuations of the figures presented in the latest semiannual number (August, 1928), in which monthly figures for 1927 and 1928 may be found, together with explanations as to the sources and exact extent of the figures quoted. The figures given below should always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the end of the month referred to. For explanations of relative numbers, including base periods, see introduction on inside front cover. 1938 The ^ cumulative^ shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June August July PER CENT INCREASE (+) OR DECREASE (— ) 1937 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 Per ct. increase ( } or tdecrease (-) cumulative 1928 from 1927 TEXTILES Wool Eeceipts at Boston: Total... thous. oflbs.. 55, 841 Domestic _ . thous. of Ibs 50, 082 Foreign thous of Ibs 5,759 Imports: In condition imported ..thous. of lbs._ 19, 671 Grease equivalent thous. of Ibs 21, 383 Consumption by textile mills, grease equivalent thous. oflbs 41, 282 Stocks, grease equivalent, end of quarter: Total thous. oflbs.. 2 385, 407 Held by manufacturers thous. of Ibs. . 2 173, 556 Held by dealers thous. of lbs._ 2211,850 Machinery activity, hourly: LoomsWide per ct. of hours active. . 59 Narrow per ct. of hours active.. 58 Carpet and rug per ct. of hours active.. Sets of cards per ct. of hours active.. Combs per ct. of hours active.. 63 Spinning spindlesWoolen ..per ct. of hours active.. Worsteds per ct. of hours active-Prices: Haw, territory, fine, scoured,. dolls, per lb_. 1.18 Raw, Ohio and Pa. fleeces, \i blood, combing, grease.. .dolls, per lb._ .55 Worsted yarn dolls, perlb.. 1.58 Women's dress goods, French serge, 39-in dolls, per yd.. 1.03 Suiting, 13-oz dolls, per yd.. 2.008 54,907 51, 346 3,561 29, 720 25, 802 3,918 10,315 7,156 3,159 8,090 4,598 3,492 16,956 11, 799 5,157 16, 578 9,033 7,545 -21.6 -35.7 +10.5 -51.2 -49.1 -53.7 312,902 201,423 111,479 273, 722 -12.6 192,906 -3.7 79,716 -28.5 18, 289 19, 805 14,472 16, 078 14, 510 17, 015 20, 730 24, 193 15,832 18, 933 21, 053 24, 535 +42.9 -j-42.2 3:f 228, 556 260, 323 208,723 235,356 -8.7 -9.6 38, 099 45, 103 43, 492 51, 477 48, 153 49, 122 +18.4 +4.8 463, 516 442,387 -4.6 -4.0 -8.8 -0.2 +3.6 —9.7 +16.4 3 357 107 s 175, 436 3 181, 671 2 369, 816 2 158, 346 2211,470 53 49 55 78 59 55 48 63 77 65 59 53 62 85 74 67 66 67 93 82 64 65 65 84 81 66 67 64 84 88 75 50 74 58 80 62 88 68 82 71 ?82 74 +10.0 +9.7 +7.3 -8.1 1.17 1.14 1.14 1.10 1.12 1.12 -3.5 -1.8 .55 1.60 .54 1.60 .54 1.58 .54 1.58 .45 1.38 .47 1.40 0.0 0.0 +14.9 +12.9 1.03 2.008 1.03 2.008 .99 2.008 .98 2.008 .98 1.913 1.00 1.913 -1.0 0.0 -2.0 +5.0 297 14, 587 457, 781 510, 565 339 18, 473 341, 849 438, 743 509 25, 258 259,489 526, 729 2,805 1,159 1,646 2,197 1,007 1,190 1,971 782 1,189 3,366 720 2,646 5,831 1,195 4,636 5,081 1,116 3,965 76,743 71,324 75,419 +73.2 +66.0 +75.2 -13.5 -9.7 -14.4 4,962 2,910 4,056 2,165 3,480 1,790 4,114 2,563 6,198 4,645 5,356 4,108 6,479 5,297 +50.7 +81.2 -4.3 -12.3 .197 .214 .210 .215 .188 .193 .176 .185 .181 .196 '.218 .210 .211 +2.8 +5.9 -13.8 -7.1 28,624 7,248 203 88.4 28,228 6,259 176 79.7 28,244 7,431 209 87.7 28,277 6,961 196 90.6 30, 315 8,694 246 103.9 32, 398 8,761 240 106.6 7 32, 535 8,705 238 7105.0 X7.2 +24.9 +25.5 +14.7 -6.8 -0.1 +3.4 -1.0 19, 415 12, 539 25, 435 12, 522 12,350 24,619 14,046 11, 574 27,044 18, 839 10,248 34, 836 17, 621 8,476 39,041 17, 618 8,570 24,124 16, 619 10, 165 27,220 .374 .489 .384 .515 .369 .514 .358 .501 .372 .495 .406 .547 .402 .546 302, 470 340, 810 324, 073 441, 667 288, 964 136, 237 253, 688 387, 151 278, 110 417, 245 398, 005 113, 627 g 2 l;"~ •ii +13.6 +1.5 +24.5 -1.5 +8.1 +4.7 +9.4 +10.7 +10.8 -6.8 ij j ii i I j Cotton Production, crop estimate thous. of bales.. G innings _ thous. of bales.. Receipts into sight thous. of bales Imports, unmanufactured bales.. Exports, unmanufactured (incl.linters). .bales.. Consumption by textile mills ._ ._ bales-. Stocks, domestic, end of month: Total, mills and w'houses.. thous. of bales.. Mills _ thous. of bales.. Warehouses ..thous. of bales.. Stocks, world visible, end of month: Total _ thous. of bales. _ American ...thous. of bales.. Prices: To producer, all grades dolls, per lb._ In New York, middling dolls, per lb_. < 14, 133 « 11, 320 2,027 3,927 18, 508 27,840 814, 569 1, 240, 702 492, 221 618,788 « 12, 789 10, 895 2,837 28,347 19, 235 631,041 71,113,018 627,784 * 613, 520 6 2,666 +93.7 +38.4 +50.4 +44.7 +52.3 +11.5 +25.7 +0.9 11,805 10, 753 -8.9 341, 161 263, 782 -22.7 7,695,088 6, 169, 207 -19.8 6,239,493 6,427,459 -13.0 Cotton Yarn Machinery activity of spindles: Active spindles thousands! . Total activity ..millions of hours.. Activity per spindle ._ hours.. Ratio to capacity per cent-Carded sales yarn: Production _ thous. of lbs_. Stocks, end of month thous. of lbs._ Unfilled orders, end of mo thous. of lbs._ Prices: 22/1 cones, Boston dolls, per lb_. 40/ls, southern spinning dolls, per lb._ -6.5 +6.0 -17.3 -16.6 +12.1 +43.4 +3.9 -1.2 175, 712 -7.5 -9.3 Cotton Goods Cotton textiles: Production.. thous. of yds.. 287, 818 221, 826 New orders ..thous. of yds.. 267, 025 187, 439 Shipments thous. of yds.. 270, 342 217, 540 Stocks, end of month thous. of yds.. 458, 984 463, 270 Unfilled orders, end month-.thous. of yds.. 302, 328 272, 227 Fine cotton goods, production pieces.. 134, 158 80, 358 J Quarter ending in month indicated. » Quarter ending Sept. 30,1927. 284,899 346, 902 401, 953 333, 607 307,402 346, 199 394, 742 201, 920 492, 556 479, 368 282, 763 496, 697 < As of Nov. 1, 1928. « Final estimate for 1927. 331, 854 +12.3 225,560 +3.8 293, 411 +10.5 257, Oil -5.4 432,447 +23.8 466, 529 +148. 9 -14.1 +78.2 +4.8 +53.6 +13.9 -39.4 4,829,298i «As of Nov. 1,1927. ? Revised. 2,942,048 2, 989, 637 2,883,807 2,423,896 -49.8 23 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928f "Survey" June August July PER CENT INCREASE (+) OR DECREASE (— ) 1927 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1927 1928 Perct. increase (+) or decrease (-) cumulative 1928 from 1927 TEXTILES— Continued Cotton Goods— Continued Cotton cloth: Imports thous. of sq. yds Exports . _thous. of sq. yds Fabrics for tire manufacture, consumption thous. of Ibs Elastic webbing, shipments thous. of dolls. . Prices: Print cloth, 64 x 60. dolls, per yd.. Sheeting, brown __ .dolls, per yd.. Cotton goods (Fairchild), rel. to. 1911-1913, _ 4,615 46, 534 3,490 44, 951 3,753 43,928 3,139 34, 694 3,676 56, 087 19,646 1,384 20,947 1,211 21, 854 1,399 17, 797 1,478 1,624 .077 .091 162 .079 .092 165 .075 .091 163 .074 .089 160 70,029 61, 347 42, 357 38, 907 53 3.6 58, 685 62, 310 40,500 37, 958 51 3.8 70, 748 71,743 46,283 35, 819 54 4.4 63, 796 79, 416 49, 996 75, 977 6,174 46, 051 4,741 50, 333 4,425 42,836 13, 998 13, 549 .078 .090 163 .089 .110 177 .087 .111 175 69, 805 74, 483 45, 767 33, 410 61 5.0 83, 935 87, 175 50, 984 32,046 66 6.0 84,899 87, 386 52, 316 37, 053 72 5.8 85,490 77,296 50, 175 39, 094 73 5.4 +20.2 -1.8 +17.0 +12.8 +11.4 +1.6 -4.1 -18.0 +8.2 -9.6 +20.0 +11.1 54, 495 74, 682 66, 079 75, 161 77,320 73,687 58, 673 64, 943 +17.0 -2.0 +19.1 5,832 40,931 9,320 50, 821 7,202 47, 797 8,272 49, 940 7,625 50, 107 7,942 47,827 +14.9 +4.5 +4.2 +4.4 41, 127 24, 746 38, 866 22, 188 50,975 24,429 50, 464 22, 786 49, 381 26, 676 58, 986 22,100 62, 366 25, 967 -2.1 +17.1 -20.8 +2.7 97.4 55.4 57.1 93.0 52.1 62.7 89.8 54.1 52.1 92.7 54.0 66.9 102.0 50.5 69.3 81.9 50.8 77.1 84.2 54.2 77.6 +10.0 -6.5 +3.6 +21.1 -6.8 -10.7 4.851 1.18 4.851 1.17 4.851 1.16 5.096 1.16 5.145 1.16 5.096 1.20 5.145 1.20 +1.0 0.0 0.0 -3.3 710 3,157 1.50 659 2,949 1.50 1,248 2,976 1.50 924 2,814 1.50 1,238 1,129 1,875 1.50 1,386 1,674 1.50 +34.0 -10.7 0.0 0.0 1,902 1,818 463 1,911 1,638 535 2,045 1,895 666 1,601 1,852 647 1,839 1,963 729 1,715 1,989 704 367 322 346 330 7394 7360 383 358 159 169 7159 158 3,292 3,386 9,011 3,573 4,900 2,786 2,963 8,916 2,836 4,711 3,469 3,731 8,648 3,202 4,076 3,255 3,755 8,128 3,810 3,957 +17.1 +61.7 -16.9 +30.9 +9.9 +5.4 +1.1 +1.9 52, 370 464, 810 51, 019 419, 616 -2.6 -9.7 8139,659 8 169, 540 +21.4 14,003 858, 369 841, 616 505, 180 739, 382 -13.9 734, 512 -12.7 462, 027 -8.5 -10.3 -18.9 -6.9 Cotton Finishing White, dyed and printed (outside mills): Billings, finished goods thous. of yds_. New orders, gray yardage... thous. of yds.. Shipments, finished goods. cases.. Stocks, finished goods, end mo .cases.. Operating activity per ct. of capacity.. Unfilled orders, end of month days.. Printed only (mills and outside) : Production thous. of yds._ Stocks, end of month thous. of yds.. Silk Imports, raw... thous. of Ibs. _ Deliveries (consumption). .. _ bales Stocks, end of month: At warehouses bales.. At manufacturing plants bales. _ Silk machinery activity: Broad looms per cent of normal.. Narrow looms .per cent of normal. _ Spinning spindles. per cent of normalPrices: Kaw, Japanese, 13-15, N. Y. .dolls, per lb_. Silk goods, composite dolls, per yd.. Rayon Imports thous. of Ibs Stocks, bonded, end of month thous. of Ibs.. Price, 150 denier, A grade, N. Y..dolls. per lb._ 1.50 644, 150 72,939 461, 075 13, 161 73,281 478, 275 +0.5 +3.7 10, 117 -23.1 Clothing Men's and boy's garments cut: Suits thous . of garments Separate trousers thous. of garments.. Overcoats. ._ _ __ thous. of garments Overalls: Cut thous. of dozen garments Net shipments. -thous. of dozen garments Unfilled orders end of mo thous. of dozen garments.. 8 18, 789 « 19, 014 84,179 817,729 -5.6 « 16, 916 -11.0 83,669 -12.2 83,304 82,902 Hosiery Production thous. of dozen pairs. . Net shipments thous. of dozen pairs . Stocks, end of month thous. of dozen pairs.. New orders _ .thous. of dozen pairs.. Unfilled orders, end of mo.thous. of dozen pairs. . 3,841 4,355 7,695 4,896 6,407 4,151 4,294 7,965 4,246 6,481 8 33, 585 833,490 8 30, 557 830,484 8 35, 641 8 30, 130 -15.5 -9.0 -9.0 Knit Underwear Production thous. of dozen garments Net shipments thous. of dozen garments . Stocks, end of mo.. .thous. of dozen garments.. New orders thous of dozen garments Unfilled orders, end of month thous. of dozen garments 1,113 998 1,761 894 881 942 1,658 852 1,098 1,306 1,570 1,236 1,016 1,402 1,370 1,213 1,297 1,514 1,228 1,483 1,055 1,464 1,216 1,241 1,181 1,359 1,322 1,147 2,053 1,947 1,896 1,696 1,645 2,416 2,185 -3.0 -24. 7 Burlaps and Fibers Imports: Burlaps thous of Ibs Fibers (unmanufactured) long tons. . 56, 913 19, 672 58, 541 18, 449 47, 766 20,657 43, 617 21,004 30, 874 25, 615 40, 337 18, 284 37, 396 16, 705 -29.2 +22.0 -17.4 +53.3 5,123 4,274 4,226 5,038 3,814 4,194 5,562 4,201 3,855 4,795 3,852 4,439 5,600 4,386 3,704 3,600 2,901 2,421 3,042 2,649 2,426 +16.8 +13.9 -16.6 +84.1 36, 119 +65.6 _ _ _ _ _ 27,_ _ 515 ___ +52.7 thous. of dollars.. 13, 840 7 R 6 Trised. 12, 215 12, 110 10, 244 12, 576 13, 64 8,843 +22.8 Se pt. 30. +27.7 +9.8 +8.0 +11.4 -10.4 -7.1 +22.3 +29.3 10, 584 11, 056 11, 073 11,299 +4.6 +2,2 11, 512 11, 182 -2.9 495, 651 254, 647 536, 810 251, 568 +8.3 -1.2 Pyroxylin Coated Textiles Pyroxylin spread thous. of lbs._ Bhipments billed. thous. of linear yards . Unfilled orders, end mo.thous. of linear yards.. 50, 666 +40.3 39,397 +43.2 Fur Sales by dealers.. 8 Climulative 1.hrough +42.2 153, 895 120, 575 -21.7 24 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PER CENT INCREASE (+) OR DECREASE (-) 1937 Oct., June August July September October September October 1928, from Sept., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 Oct., 1928, from Oct., 1927 TEXTILES— Continued 1927 1928 Perct. increase (+) or decrease (-) cumulative 1928 from 1927 i Buttons Fresh- water pearl buttons: Production .ratio to capacity.. Stocks, end of month thous. of gross. _ Ocean pearl buttons: Production. __thous. of gross.. Shipments thous. of gross.. New orders thous. of gross . Stocks, end of month.. thous. of gross.. 46.8 11, 202 29.7 10, 847 43.6 10, 746 47.7 10, 593 51.0 10, 621 51.2 9,490 754.2 9,604 +6.9 +0.3 158 187 165 636 110 197 163 646 187 227 224 600 163 241 222 482 195 262 288 173 217 279 529 207 274 282 499 +19.6 +8.7 +29.7 -5.8 -4.4 +2.1 +73.3 +73.3 250 172 -31.2 -19.4 -3.4 -25.4 +25.7 2,290 49, 109 2,059 -10.1 49,721 +1.2 34,721 13, 133 45, 127 33,344 -4.0 14,900 +13.5 46,929 +4.0 30,888 7,467 608 31, 167 +0.9 6,257 -16.2 839 +38.0 158, 125 188, 546 162,507 +2.8 160,298 -15.0 -5.9 +10.6 1,820 2,134 2,460 1,887 2,245 2,351 +3.7 +5.2 -4.4 IRON AND STEEL Iron 22 26 15 26 36 15 183 8,981 226 9,243 211 8,748 170 8,454 225 7,230 228 6,723 6,078 2,655 4,633 6,390 2,819 4,761 5,827 2,710 4,608 6,002 2,580 5,025 5,493 1,832 4,089 4,929 1,828 4,024 +3.0 -4.8 +9.0 +21.8 +41.1 +24.9 27, 209 21, 824 5,385 31, 754 26, 036 5,718 35, 808 29,708 6,100 39, 555 33, 082 39,296 32, 527 6,769 42,164 34,952 7,212 +10.5 +11.4 +6.1 -6.2 -5.4 -10.2 3,072 607 95 3,137 575 92 3,062 585 91 3,374 644 93 2,775 685 52 2,784 707 38 185 98,445 54.6 183 98, 730 54.3 197 106, 755 58.1 197 108, 800 58.5 179 90,800 49.4 172 88,300 47.6 0.0 +1.9 +0.7 +14.5 +23.2 +22.9 19, 967 19,365 103.0 127 107 12, 932 12, 497 103.4 129 99 14, 586 16, 155 90.2 131 90 20, 112 19, 349 103.9 134 103 13,298 16,284 81.6 117 82 14,207 18, 389 77.2 88 60 +37.9 +19.8 +15.2 +2.3 +14.4 +41.6 +5.2 +34.6 +52.3 +71.7 49,991 58.6 50, 035 49, 564 56, 507 66.9 54, 020 52, 214 52, 227 62.3 51, 208 51,506 68.4 50, 770 58,065 51,569 41, 155 41.9 42,500 35, 491 43, 074 45.0 38,433 37,477 +11.2 +9.8 -0.9 +0.1 +34.8 +52.0 +32.1 +37.6 18.41 16.00 17.79 18.26 16.00 17.78 18.64 16.19 18.04 18.86 17.10 18.40 19.26 17.06 18.89 19.26 17.00 18.79 +1.2 +5.6 +2.0 -2.1 +0.6 -2.1 12,094 13, 071 14, 765 89, 728 10, 581 12, 302 12,950 87, 993 12,881 14,422 12, 551 86, 141 13, 655 17, 021 14,504 82, 931 22, 733 22, 311 20, 340 113, 561 31,238 25, 165 29,779 188, 078 19,541 28,247 32,164 179, 539 38, 693 36, 212 31,809 182, 367 26,760 41,989 36, 527 167, 063 13, 363 11, 665 12,394 11,388 13,285 14,844 15, 914 16, 951 15, 753 Manganese ore, imports thous. of long tons.. 13 Iron ore: Imports thous. of long tons 189 Shipments from mines.thous. of long tons._ 8,926 ReceiptsLake Erie ports and furnace thous. of long tons. _ 6,199 Other ports thous. of long tons.. 2,613 Consumption thous. of long tons_. 4,667 Stocks, end of monthTotal thous. of long tons. . 22,981 At furnaces .thous. of long tons.. 17, 913 On Lak eErie docks -thous. of long tons. . 5,068 Pig-iron production: Total, United States... thous. of long tons.. 3,082 Merchant furnaces thous. of long tons.. 633 Canada _ thous. of long tons. _ 97 Furnaces in blast, end of month: 189 Furnaces number. _ Capacity. long tons per day.. 100, 855 Per cent of total ..per cent _ 55.3 Ohio gray-iron foundries: Meltings — Actual long tons 19, 382 Normal ...long tons _ 18,454 Ratio to normal per cent of normal.. 105.0 Stocks, end of month.. per cent of normal. . 146 Receipts .per cent of normal. . 99 Malleable castings: Production .short tons . 56, 259 Operating activity per ct. of capacity.. 63.3 Shipments short tons 54,937 New orders short tons . . 48,132 Wholesale prices: Foundry, No. 2, northern .dolls, per long ton.. 18.51 Basic (valley furnace). dolls, per long ton,. 15.45 Composite pig iron dolls, per long ton.. 17.97 Cast-iron Boilers and Radiators Round boilers: Production thous. of lbs_. Shipments . thous. of Ibs . New orders thous. of lbs_. Stocks, end of month thous. of Ibs.. Square boilers: Production thous. oflbs_. Shipments . thous. of Ibs _ New orders thous. of lbs_. Stocks, end of month thous. of lbs._ Radiators: Production. -thous. sq. ft. heating surface.. Shipments. .thous. sq. ft. heating surface.. New orders. thous. sq. ft. heating surface:. Stocks, end of month thous. sq. ft. heating surface.. Gas-fired boilers: Shipments -dollars.. Shipments thous. B. t. u Production _ .thous. B. t. u__ Stocks, end of month thous. B. t. u__ Crude Steel Steel ingots, production: United States, total thous. of long tons.. Ratio to capacity percent . Canada thous of long tons U. S. Steel Corporation, unfilled orders, end mo.. thous. of long tons.. Steel castings: Production— Total short tons Ratio to capacity per cent. . Railroad specialties .short tons Miscellaneous short tons New ordersTotal short tons Ratio to capacity . per cent Railroad specialties short tons Miscellaneous short tons. . 6,473 +10.2 +21.2 +10.1 -8.9 +2.2 +144. 7 +7.2 506, 677 543,241 488, 332 449, 173 518, 540 +6.2 511, 069 1 +13.8 19, 865 25, 734 25,917 104, 301 201, 015 167, 904 171, 128 113,904 -43.3 110,298 -34.3 112, 527 -34.2 29, 682 30,687 25, 112 111,499 24,758 31, 156 30,400 110, 647 212. 669 175, 512 179, 686 270,371 +27.1 221, 533 +26,2 229, 584 +27.8 13, 770 18,092 16, 533 17,453 17,304 15, 768 14,088 18, 156 19,683 140, 552 113, 152 116, 999 129, 993 105, 276 112, 945 72, 902 58, 887 55, 030 1 79, 549 78, 279 77, 267 230, 250 182, 195 135, 711 960,656 266, 627 224, 098 125, 000 852, 822 288, 954 239, 048 168, 547 778, 337 3,743 76 117 3,812 81 83 4,178 82 89 4,148 88 100 4,648 91 109 3,269 • 68 54 3,316 69 56 +12.1 +3.4 +9.0 +40.2 +31.9 +94.6 3,637 3,571 3,624 3,698 3,751 3,148 3,341 +1.4 +12.3 91,387 63 30, 742 60,645 78,324 54 27, 501 50,823 787,330 ?61 27, 157 7 60, 173 775,356 52 25, 311 750,045 86, 669 60 70,024 49 25, 618 44,406 62, 409 43 21,947 40,462 +15.0 +15. 4 +15.0 +15.0 +38.9 +39.5 +32.7 +42.2 71, 745 50 22,597 49. 148 66,667 46 20,483 46. 184 7 80, 862 56 25, 171 755.691 7 82, 329 57 35,234 7 47. 095 77,783 52, 351 36 18, 396 33. 955 51, 748 36 16,625 35. 123 -5.5 -5.3 -24.7 +8.8 +50.3 +50.0 +59.6 +45.9 29,113 57, 556 54 26, 529 51. 254 37, 095 -7.5 -7.0 -3.5 41, 579 +12.1 1,030 +41.1 847,386 852,609 +0.6 332, 150 515,236 313,923 638,686 -5.5 +16 779,062 814,571 +4.6 317,352 461. 710 311, 183 503.388 -1.9 +9.0 730 25 TREND OF BUSINESS MOVEMENTS—Continued 1938 The curnulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July PEE CENT INCEEASE (+) OR DECREASE (— ) 1937 August September October September October Oct., 1928, from Sept., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 Oct., 1928, from Oct., 1927 1937 1938 Per ct. increase (+) or decrease (-) cumulative 1928 from 1927 IRON AND STEEL— Continued Crude Steel— Continued Sheets, black, blue, galvanized, and full finished: Production311,629 Total net tons 267, 685 329, 396 82.2 92.8 94.3 Ratio to capacity per cent Stocks, end of monthTotal. _ net tons-. 151, 606 161, 933 154, 461 Unsold... net tons 50, 702 55, 280 51, 636 308, 741 278,310 324, 691 Shipments net tons New orrders net tons.. 318. 902 333, 357 254, 397 Unfilled orders, end of month net tons.. 526, 798 550, 468 498, 023 Steel barrels: 712, 779 647, 844 677, 313 Production barrels 61.4 55.5 57.8 Ratio to capacity per cent Shipments _. . . barrels 717, 496 645, 881 675, 600 Stocks, end of month _ barrels.. 57, 544 53,868 55,831 Unfilled orders, end of month barrels. . 1, 159, 756 1, 243, 412 1, 064, 358 Track work, production short tons . 13, 716 11, 776 11, 040 Iron, steel, and heavy hardware 204 187 215 sales.. rel. to Jan., 1921 282 287 257 Lock washers, shipments thous. of dolls.. Wholesale prices: 32.25 32.00 32.00 Steel billets, Bessemer— dolls, per long ton.. 35.34 34.93 Iron and steel, comp.. .dolls, per long ton.. 34.91 1.85 1.85 1.85 Structural steel beams ._ .dolls, per 100 lbs_. 2.48 2.48 2.48 Composite finished steel. dolls, per 100 lbs_. 318, 907 101.0 369, 243 103.5 220, 919 62.6 245, 765 71.7 +15.8 +2.5 +50.2 +44.4 2, 795, 105 3, 287, 369 +17.6 146, 832 44, 519 322,876 370, 936 539, 960 150, 600 49, 800 354, 925 344, 614 525, 161 155, 865 53, 311 230, 443 258, 427 350, 117 145,980 50, 518 232, 626 234, 358 308,264 +2.6 +3.2 +11.9 -1.4 +9.9 +52.6 -7.1 +47.0 -2.7 +70.4 2, 705, 695 2, 479, 978 3, 175, 619 +17.4 3, 125, 164 +26.0 593 255 50.2 595, 640 55, 059 996, 820 10, 767 656,021 521, 899 578,408 56.4 51.6 47. 4 661, 009 525, 374 572, 893 59, 453 50, 071 53,938 823, 872 1, 124, 437 1,000,559 9,914 9,493 10, 999 +10.6 +13.4 +12.4 +9.3 +11.0 +15.4 -9.1 -15.8 -17.3 -17.7 -4.2 -11.8 5, 672, 770 6,285,460 +10.8 141, 786 120, 205 -15.2 2,425 5,685,433 6, 283, 025 +10.5 207 257 269 203 203 216 199 +4.7 +35.2 32.00 35.17 1.85 2.50 32.80 35.48 1.85 2.52 33.00 36.22 1.83 2.51 33.00 35.75 1.80 2.48 +2.5 +0.9 0.0 +0.8 -0.6 -0.8 +2.8 +1.6 356, 250 7 318, 750 95 785 296, 25C 277, 500 74 240, 000 64 330, 000 88 266, 250 71 270, 000 72 288, 750 -24.7 -24.7 +18.9 +18.9 -16.9 -16.9 +31.3 +31.3 2, 568, 750 2, 797, 500 +8.9 251, 250 67 2, 407, 500 2,625,000 +9.0 +2.2 2,652 +9.4 Fabricated Steel Products Structural steel, fabricated: New orders (prorated) ,_ short tons Ratio to capacity per cent Shipments (prorated) short tons Ratio to capacity. _ . percent _ Steel plate, fabricated, new orders: Total _ short tons Ratio to capacity per cent.. Oil-storage tanks short tons Steel bars, cold finished, shipments tons.. Steel boilers, new orders: Quantity number Area thous. of sq. ft.. 303, 750 81 7262,500 770 7 296, 250 79 273, 750 773 35, 202 44 12, 204 39, 542 35,959 47 16, 881 39, 943 47,245 60 24,807 42, 993 7 40, 281 50 18, 572 43, 893 60, 482 76 23,960 50, 867 38, 662 48 15, 421 27,860 47,090 58 18, 648 27, 656 +50.2 +52.0 +29.0 +15.9 +28.4 +31.0 +28.5 +83.9 434,708 444,339 188, 687 352,846 195,227 +3.5 417, 961 +18.5 1,611 1,470 1,615 1,528 71,647 7 1, 457 7 1, 425 7 1, 257 1,514 1,325 1,312 1,152 1,270 930 +6.2 +5.4 +19.2 +42.5 13,659 13, 701 13,983 13, 162 3,009 2,764 1,993 2,515 2,594 2,072 2,565 2,619 2,118 2,754 2,689 2,062 3,155 3,184 2,090 2,219 2,368 1,558 2,380 2,411 1,574 +14.6 +18.4 +1.4 +32.6 +32.1 +32.8 25,509 25,434 29,068 +14.0 29,678 +16.7 720 737 729 723 713 706 836 863 734 678 800 754 954 959 760 531 . 608 738 619 551 666 +40.7 +19.9 +0.8 +54.1 +74.0 +14.0 6,096 6,157 7,590 +24.5 7,897 +28.3 262, 052 56, 573 253, 336 33, 465 287, 297 54,062 228,056 47, 685 256, 870 50, 176 166, 352 46, 573 170, 255 39, 516 +12.6 +5.2 +50.9 +27.0 1, 834, 614 446, 652 2, 384, 301 +30.0 498,050 +11.5 111, 067 113, 430 101, 603 101, 560 103, 878 122, 167 96, 876 68,263 86, 342 134, 749 76, 074 53, 303 93, 174 147, 656 90, 665 44,842 97,129 129, 559 100, 413 43, 703 88, 558 143, 824 85, 368 34, 980 +7.9 +9.6 +19.2 -15.9 +5.2 +2.7 +6.2 +28.2 998, 350 988, 175 1,007,344 1, 083, 398 +7.5 120, 600 164, 830 104, 262 114, 070 161, 276 102, 140 94,383 168, 211 89, 126 99, 343 180, 658 91, 581 118, 257 196, 259 119, 850 101, 961 197, 121 97, 263 +5.3 +7.4 +2.8 -2.6 -8.4 -5.8 1, 103, 161 1, 113, 374 +0.9 1, 115, 100 1, 218, 184 +9.2 122, 593 213, 539 116, 236 116, 497 216, 338 96, 830 101,777 216, 255 99, 749 111,970 230, 850 110, 430 118, 159 222, 824 126, 112 117, 303 220, 875 108, 774 +10.0 +6.7 10.7 -4.5 +4 5 +1.5 1, 152, 596 1, 153, 373 +0.1 1,161,067 1,260,793 +8.6 48, 550 110,330 41, 605 54,003 95,958 41,692 44, 910 103, 509 44, 707 45, 365 113, 538 44,766 50,616 136, 902 50,129 46,100 134, 307 46,758 +1.0 +9.7 +0.1 -1.6 -15.5 -4.3 487, 460 478, 185 -1.9 481, 270 496, 208 +3.1 129, 273 -16.9 +29.9 83,000,454 8 3, 123, 160 +4.1 +2.4 -3.9 Fabricated Steel Products Steel furniture: Business groupShipments thous. of dolls New orders .. .thous. of dolls Unfilled orders, end mo. thous. of dolls.. ShelvingShipments thous. of dolls New orders thous. of dolls Unfilled orders, end mo.thous. of dolls.. Iron and steel: Exports . . long tons Imports long tons Enameled Ware Baths: Shipments pieces 119, 297 Stocks, end of month ..pieces.. 120, 723 New orders pieces.. 113, 017 Unfilled orders, end of month pieces.. 121, 061 Lavatories: Shipments ..pieces 131, 623 Stocks, end of month pieces 173, 898 New orders pieces.. 138, 113 Sinks: Shipments pieces.. 128, 298 Stocks, end of month.. _ . pieces 227, 929 New orders _ pieces.. 128, 368 Miscellaneous sanitary ware: Shipments pieces 48, 221 Stocks, end of month. _ pieces 111, 141 New orders .pieces.. 47, 197 Small ware (all except baths): Unfilled orders, end of month pieces.. 315, 920 Enameled sheet-metal ware: Shipments dozen pieces 299,078 Porcelain flat ware: New ordersTotal thous. of sq. ft.. 5,477 Ratio to capacity per cent.. 49 ShipmentsTotal thous. of sq. ft.. 5,322 Ratio to capacity ...per cent.. 47 * Revised. 274, 135 174, 072 155, 483 277, 684 358, 811 352,484 4,457 40 6,233 55 4,665 41 5,495 49 119, 608 99, 514 310, 823 322, 081 6,129 48 9,578 63 6,849 6,889 53 54 « Cumulative through Sept. 30. -1.0 26 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" July June PER CENT INCREASE (+) OR DECREASE (— ) 1937 August September October September Oct., 1928, from Sept., 1928 October Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1928 1937 Per ct. increase or de^ crease <-) cumulative 1928 from 1927 | IRON AND STEEL-Continued Machinery Vacuum cleaners, shipments . number.. Washing machines, shipments: Total _ number Electric .number.. Water softeners, shipments units.. Water systems, shipments units . Pumps: Domestic shipmentsPitcher, hand, etc __ units.. Power, horizontal type units Steam, power, and centrifugalNew orders thous. of dolls Shipments thous. of dolls Unfilled orders, end mo. thous. of dolls.. Agricultural machinery and equipment: Shipments— Total... rel. to 1923-25.. Domestic . _ rel. to 1923-25 Foreign. _ rel. to 1923-25 . Production _ rel. to 1923-25.. Foundry equipment: New orders rel. to 1922-24.. Shipments rel. to 1922-24 Unfilled orders, end mo rel. to 1922-24.. Stokers, mechanical, sales: Quantity number Power _ horsepower Machine tools: New orders rel. to 1922-24 Shipments rel . to 1922-24 Unfilled orders, end of mo..rel. to 1922-24.. Electric hoists: New ordersQuantity number.. Value dollars.. Shipments dollars.. Electric overhead cranes: Shipments thous. of dolls.. New orders thous. of dolls.. Unfilled orders, end mo thous. of dolls.. Woodworking machinery: New orders thous. of dolls.. Cancellations thous. of dolls. . Unfilled orders, end of mo.. -thous. of dolls.. Shipments. thous. of dolls.. Shipments number of machines Electric industrial trucks and tractors: Shipments, domestic—Tractors . number of vehicles _ All other types number of vehicles.. Exports -. _. number of vehicles Fire-extinguishing equipment, shipments: Motor vehicles number.. Hand types _, number _ Patents issued: Total, all classes . number Agricultural implements .number.. Internal-combustion engines number. . 75, 631 57, 702 65,164 89, 222 96,528 3 212, 829 79,962 92,955 98,065 80, 770 1,187 76, 757 1,505 9,668 84, 795 70, 227 1,674 8,211 86,922 9,624 74, 253 1,402 9,471 92,971 63, 531 1,235 78, 564 62, 337 1,218 8,815 43, 693 1,842 38, 867 2,251 48,729 2,528 40, 677 2,011 39,946 2,728 1,505 1,640 3, 088 2,984 3,023 3,056 1,405 1,369 1,708 1,634 3,128 2,950 213.7 219.7 187.6 7 179. 3 7 145. 8 219.3 222.4 202.8 142.4 1,460 1,553 207.8 244.7 8,495 1,579 1,520 387.5 151.2 128.4 71, 570 1,743 8,365 -5.2 -5.0 +26.8 +13.8 +7.0 +7.2 -13.7 +15.6 795, 139 654, 580 15, 598 70, 761 851, 893 691, 736 14, 136 43, 007 1,492 40, 443 1,758 -1.8 +35.7 -1.2 +55.2 425, 221 10, 227 451, 859 +6.3 21, 731 +112. 5 1,178 1,221 1,300 1,303 +21.6 +19.4 +2.4 +31.4 +25.4 +6.0 14,476 14,490 2,950 14, 250 14, 277 +0.1 +0.2 122.6 112.0 178.0 121.1 -15.7 -11.9 -21.7 +2.3 +23.3 +14.6 +55.7 +23.0 +8.8 +88.8 +96.1 +124. 3 -12.6 +335. 2; 1,224 434, 445 1,272 428, 537 +3.9 -1.4 157.2 134.4 7354.0 7 277.2 277.0 148.9 116.2 170.0 129.7 185.0 80.4 98.0 113.4 106.3 142.0 146.1 2-78.0 359.3 94.8 124.8 332.1 467.2 529.5 254.3 462.6 162 42, 628 186 58, 670 162 51, 572 65,060 161 100 27, 219 104 27, 843 95 27, 222 215 193 348 204 181 420 241 208 428 265 205 441 284 221 504 106 128 266 133 152 231 442 181, 205 195, 807 394 204, 636 177, 404 402 180, 365 193, 248 447 228, 510 172, 986 600 573 1,688 463 733 1,800 564 821 1,952 464 713 2,188 1,173 44 1,873 1,319 871 1,247 32 1,838 1,264 932 2,058 6 96 14 5 87 15 5 85 6 97 48, 123 48,897 47,490 3,107 44 59 3,390 73,426 83,875 135,092 76,952 88,517 149.1 129.4 4,275 24 42 .105 145. 5 154.1 1,641 6 29 43 +7.2 +113. 5 +7.8 +45.4 +14.3 +118.2 82,528 270 83,843 +52.0 8 1, 280, 046 81,790,816 +39.9 8 1, 177, 583 81,633,428 +38.7 114,835 121, 445 5,802 -26.6 -8.0 +5.5 +36.9 +2.3 7,909 6,865 1,144 -3.3 +38.5 23 +438. 5 +508. 7 975 -10.2 +108. 7 1,124 +17.9 +48.2 872 +11.4 +34.2 12, 657 151 14, 306 +13.0 368 +143. 7 1,666 1,170 1,182 21 990 1,380 1,093 13,184 13, 361 10, 080 11 102 5 5 109 20 8 66 5 7 143 42, 193 49,128 46,255 3,039 4,323 2,792 1,413 1,050 7 151, 674 +5.3 0.0 764 566 2,117 1,639 26 125 300 147,323 -37.9 -58.2 +7.1 +5.7 -9.4 83,947 +18.6 2,273 2,265 1,436 1,170 814, 761 +8.2 40 42 806 775 2,165 1,585 140 2,035 139 59 67 653 684 122 37 34 +73.7 +8.7 —1.1 10, 508 6,314 +1.3 -4.1 11 -54.5 81 +6.9 17 +300.0 -54.5 +34.6 +17.6 112 853 100 87 -22.3 972 +14.0 122 +22.0 48,472 108 -2.8 +16.4 +28.7 +1.4 496,990 1,209 'l, 089 -10.9 473, 767 -4.7 3,185 57 73 +42.3 +47.5 +59.5 +35.7 +3.5 -8.2 34,329 35, 572 +3.6 423 -17.5 523 -23.5 124,927 145,278 68,619 +11.3 +24.4 +17.4 +20.5 +8.9 +19.4 +12.4 +19.5 +13.1 +46.3 +24.8 +9.3 694, 676 802, 911 1, 229, 314 83,882 246,354 .1296 -11.9 +0.7 +3.3 -45.6 +4.6 +17.3 513 684 NONFERROUS METALS Copper Production: Mines short tons Smelter . . short tons _ Refined (N. and S. America) ...short tons.. World production, blister . short tons.. Domestic shipments, refined short to^s Exports . short tons Stocks (North and South America), end mo.: Refined short tons Blister .. short tons.. Wholesale price, electrolytic dolls, per lb__ 73,224 88, 398 131,024 156,474 81,436 60,261 58,809 153, 190 82,245 47,855 54,871 7 77, 085 85,795 137,018 143, 560 158, 838 83, 398 154, 518 88,707 36,190 41,186 54,793 85,801 100,720 149, 199 173, 623 100, 371 45,168 65,936 74,418 119, 100 133,291 71, 578 46, 137 68,959 83, 551 41, 317 "51, 812 255, 727 .1472 45,648 257,604 .1520 246, 517 .1294 430 387 1,120 408 285 403 423 1,099 412 320 466 442 1,068 419 266 409 417 1,242 440 265 432 446 1,187 476 332 +15.6 +4.5 -2.8 +1.7 -16.9 +7.9 -0.9 -10.0 -12.0 -19.9 457 453 459 396 412 +1.3 +11.4 -6.0 +7.8 251, 694 .1453 257, 673 .1453 254, 433 .1453 400 364 1,157 310 185 367 365 1,124 346 247 414 405 7 86,493 1,367,410 704, 718 431, 121 736, 157 853, 571 +6.0 +6.3 +7.7 1, 523, 418 +11.4 798, 749 +13.3 466, 274 +8.2 1,324,496 Wire Cloth Production _ Shipments Stocks, end of month New orders Unfilled orders, end of mo Make and hold orders, end of month thous. of sq. thous. of sq. _ .thous. of sq. thous of sq thous. of sq. ft.. ft.. ft.. ft ft.. thous. of sq. ft 4,507 4,168 4,378 4,123 -2.9 -1.1 3,878 Tin Deliveries (consumption) long tons . . 6,950 Stocks, end of month: 16, 231 World visible supply long tons . United States long tons.. 2,148 5,050 Imports . . long tons 0.4794 Price, pig. New York dolls, per lb_. 3 Quarter ending Sept* 30,1927. 5,545 7,200 6,885 6,475 6,110 6,005 18, 022 18, 456 1,718 19,924 3,508 20, 907 15,083 14,684 0. 4801 0.4807 Revised 2,878 4,772 0.4704 6,584 8,187 7 4,598 8,048 0.4897 1,973 4,938 0. 6149 62,290 +4.9 +42.4 3,158 +31.1 +45.6 7,179 -1.7 +12.1 62, 371 0. 5850 +1.9 -16.3 * Cumulative through Sept. 30. 64,565 +3.7 69,037 +10.7 27 TREND OF BUSINESS MOVEMENTS—Continued 1928 The curnulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PEE CENT INCREASE (+) OK DECREASE (— ) 1927 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1928 Per ct. increase ( or-tf decrease (-) cumulative 1928 from 1927 NONFEEROUS METALS— Continued Zinc 65, 680 53.4 50, 825 44,468 62, 384 53.9 50, 890 42, 210 66, 428 57.4 52, 157 44,416 61,965 53.4 49, 361 47,915 59, 832 51.5 50, 259 46,068 74,435 56.6 47, 735 34,277 76, 067 57.9 50, 185 36,223 -3.4 -3.6 +1.8 -3.9 -21.3 -11.1 +0.1 +27.2 64,531 32, 266 0. 0616 43,227 31, 679 0.0620 43,466 39, 303 0. 0625 41,429 48,474 0. 0625 41, 165 53,209 0. 0625 55, 308 28,806 0. 0621 76, 430 29,776 0. 0600 -0.6 +9.8 0.0 51, 501 48, 671 53,403 7 55, 167 58,234 53,204 56, 134 +5.6 13, 277 77, 074 54, 185 163, 709 0. 0630 6,623 56, 395 49, 305 158, 919 0. 0622 6,125 78, 811 63, 575 156, 976 0. 0625 9,326 65, 353 51,978 155, 482 0.0645 10, 514 71, 887 0.0650 6,439 80,362 50, 995 160, 134 0. 0630 7,864 66, 157 53, 017 155, 868 0. 0625 4,731 1,106 3,625 4,693 900 3,793 4,756 7939 7 3, 817 5,308 999 4,309 5,796 1,191 4,605 4,792 676 4,117 5,115 1,255 3,860 +9.2 +13.3 +19.2 -5.1 +6.9 +19.3 dollars... dollars. dollars. _ dollars.. 345, 169 148, 148 168, 420 28,601 266, 219 110, 104 134, 350 21, 765 325, 688 147, 470 161, 034 17, 184 448, 155 188,731 216, 481 42,963 579, 715 244, 512 270, 417 64,786 495, 307 7 550, 345 182, 209 7 216, 526 287, 667 7 299, 785 34, 034 25, 431 +29.4 +29.6 +24.9 +50.8 +5.3 +12.9 -9.8 +90.4 4,356,449 1,622,128 2,496,386 237,935 3, 823, 735 -12.2 1, 567, 091 -3.4 1,955,935 -21.6 300, 709 +26.4 dozens.. ..dozens.. 141, 448 144, 385 114, 343 121, 415 127, 797 142,487 150,845 139, 183 153,813 152,258 127, 608 127,530 151, 495 141, 101 +2.0 +9.4 +1.5 +7.9 1, 462, 762 1,487,633 1,550,910 1,557,309 dozens.. dozens.. 48, 038 44, 833 61,688 47,856 37, 846 44, 377 55, 850 50, 606 56,469 54,596 37,776 44, 852 39,006 41, 368 +1.1 +44.8 +7.9 +32.0 367,388 375, 570 445,833 +21.4 423,842 +12.9 128, 255 148, 999 539,810 5,257 3,042 2,807 62, 536 119, 744 311,889 1,897 755 660 74, 230 236, 052 468,903 2,945 879 1,273 788, 851 1,430,694 846, 889 +7.4 1,276,983 -10.7 5,188,068 31, 954 17,705 17, 736 1, 033, 466 940, 563 85,638,673 8 8, 715, 110 +54.8 820,652 740,366 776, 325 834,479 2, 228, 162 2, 577, 732 819,796,369 824,815,827 +25.4 Retorts in operation, end of month. ._ number. . Per cent of total ..percent.. Production short tons Stocks, end of month short tons.. Ore, Joplin district: Shipments short tons Stocks, mines, end of month. ..short tons.. Price, slab, prime western dolls, per lb__ Lead Production . short tons.. Ore shipments: Joplin district^ short tons Utah . short tons. . Receipts in U. S. ore... ...short tons.. Stocks, U. S. and Mexico, end mo. .short tons.. Price, pig, desilverized, N. Y dolls, per lb.. 511, 984 518, 744 -46.1 +78.7 +4.2 584,620 468, 828 -19.8 +3.7 572,J58 536,000 -6.4 +12.7 +33.7 +10.0 +8.7 82, 813 668, 597 8493,046 79,207 694, 884 8 473, 114 -4.4 +3.9 -4.0 51, 140 10, 626 40, 514 49,061 10,227 38, 833 -4.1 -3.8 -4.1 +0.8 +1.3 +4.0 Other Metal Products Babbitt metal, consumption: Total apparent D irect by producers . Sale to consumers Band instruments, shipments: Total. Cup mouthpieces Saxophones Woodwind Pails and tubs, galvanized: Production _. Shipments Other galvanized ware: Production Shipments thous. of Ibs. _ thous . of Ibs . _ thous. of Ibs +6.0 +4.7 Electrical Equipment Electrical porcelain, shipments: 66, 968 106, 503 111, 803 112, 210 Standard - dollars 132, 762 128, 243 129, 813 129, 587 Special _ dollars-High tension dollars 514,307 637,602 649,599 493,067 2,597 4,079 4,328 4,213 Glazed nail knobs _ thous. of pieces. 1,349 2,065 2,401 2,796 Unglazed nail knobs thous. of pieces 2,542 2,694 1,239 3,237 Tubes thous. of pieces Laminated phenolic products, shipments dollars 1,020,948 1,125,767 1, 356, 179 1, 243, 476 Motors: 896, 638 New orders dollars Billings (shipments) dollars.. 761,630 Outlet boxes and covers, shipments pieces _ _ 2, 779, 032 2, 769, 866 3, 049, 567 "2,"915,"566 Vulcanized fiber: 568 Shipments, total thous. of dolls 626 561 591 2,362 3,098 2,606 2,805 Consumption thous of Ibs 126, 151 117, 104 115,929 122, 124 Industrial reflectors, sales units 2,197 Power cables, shipments . __ ' -thous. of ft. 1,947 1,738 2,138 Flexible cords: 43, 854 37, 803 37, 328 51, 062 Shipments thous. of ft 44, 193 46, 411 Stocks, end of month thous of ft 46, 882 47, 351 Welding sets, new orders: , 234 294 206 228 Single operator.. ..units.. 7 2 8 Multiple operator units 10 6,373 7,376 7,645 6,960 Nonmetallic conduits, shipments.. thous. of ft__ 4,226 4,958 6,493 4,861 Electric furnaces new orders kilowatts Manufactured mica: 247 270 283 Shipments thous. of dolls 265 285 304 Unfilled orders, end of mo. .thous. of dolls.. 305 290 Delinquent accounts, electrical trade: 141, 101 Amount dollars 165, 775 151, 476 167, 136 ^Delinquent firms number 1,223 1,291 1,191 1,384 Radio equipment, dealers' stocks, end quarter: 2 52, 877 Receiving sets pieces 2 Loud speakers pieces 42 158 2 177, 505 Batteries pieces 2 Socket-power units . pieces 19, 696 Tubes, receiving— pieces.. » 2401, 654 Tubes, rectifying pieces 26, 461 AUTOMOBILES Production: United StatesTotal number of cars 7 396, 796 7 392, 076 7 461, 298 7 415, 283 Passenger cars ... number of cars 356, 622 338, 792 400, 593 358, 872 Trucks number of cars. 7 40, 174 7 53, 284 7 60, 705 7 56, 411 Canada21, 193 Total __, number of cars 31, 245 28, 399 25, 226 16, 572 Passenger cars number of cars 20,122 24, 274 25, 341 4,621 Trucks .number of cars 5,104 6,971 3,058 2 8 Quarter ending in month indicatecI. Quartcjr ending S ept. 30, 19 27. •i156, 243 163, 281 1,257 739 748 1,896 . 2,030 125, 802 140, 346 46, 632 51, 091 52, 494 47, 566 133 26 9,235 153 37 9,614 145, 031 1,320 156, 606 1,365 +14.3 +15.0 +9.5 +24.8 +8.8 +4.2 +23.9 +72.8 -36.9 +15.1 +78.5 +246.1 +120.5 +11.3 86,901 8 22, 661 1, 252, 827 8 5, 639 -18.3 « 24, 425 +7.8 1,248,038 -0.4 8 17, 101 364,008 8 1, 215 8123 8 88, 480 +15.'r +2.?J 8 2, 024 +66.6 8125 +1.6 8 68, 263 -22.8 « 44, 133 +4.3 -7.9 33 72, 908 67, 141 3 298, 376 » 41, 332 3523,839 3 36, 208 398, 818 341, 705 57, 113 7 260, 31C 7 219, 682 183, 042 226, 443 733,867 736,640 18, 536 13, 016 5,520 7 11, 262 8,681 2,581 Revised. 7,748 6,236 1,512 -4.0 +81.5 -4.8 +86.7 +1.2 +55.9 3, 133, 385 3,869,009 +23.5 2, 730, 760 3,405,942 +24.7 402,625 463, 067 +15.0 221, 188 +30.6 169, 331 -12. 5 +139. 2 181, 849 +30.4 -21. 5 +108. 7 139,420 29, 911 39, 339 +31.5 +19. 5 +265. 1 8 Cumulative through Sept. 30. 28 TREND OF BUSINESS MOVEMENTS—Continued Perct. 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July PER CENT INCUMULATIVE TOTAL inCREASE (+) OR FROM JAN. 1 THROUGH crease DECREASE (— ) OCT. 31 or de- 1937 August Septem- October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 crease i 1937 1938 cumulative 1928 from 1927 AUTOMOBILES-Continued Exports (assembled) : From United StatesTotal. . Passenger cars Trucks From CanadaTotal Passenger cars Trunks number of cars . number of cars number of cars 47, 171 36,038 11, 133 51, 679 38, 880 12, 790 49,007 32,815 16, 192 30, 559 22, 494 8,065 46,524 29, 951 16, 573 26, 273 19, 033 7,240 number of cars number of cars.. 5,589 4,431 1,158 8,021 6,545 1,476 11,011 7,985 3,026 8,670 6,279 2,391 9,705 6,696 3,009 3,872 2,856 1,016 3,507 2,380 1,127 186, 160 206, 259 169, 473 177, 728 186, 653 187, 463 167, 460 148, 784 120, 876 140, 883 140, 607 132, 596 128, 459 153, 833 200 150 110 140 11,838 2,429 203 148 112 120 12, 571 2,210 231 176 147 148 13, 858 2,319 218 185 122 140 10, 079 2,316 200 184 91 141 17,523 2,115 139 181 163 127 7,962 1,727 124 174 103 120 6,600 1,385 317, 032 11, 648 64, 480 90, 176 150,028 700 324, 021 11,310 67, 902 84, 248 159, 916 645 329, 827 11, 482 76, 968 76, 158 164, 682 537 271, 782 11, 600 60, 730 61, 579 137, 403 470 7 185, 921 7 9, 274 7 55, 485 7 57, 975 7 62, 239 7948 183, 979 12, 152 47,292 53, 300 70, 841 394 35, 963 1,331 1,277 36, 276 1,309 1,503 41, 108 1,535 1,618 41, 301 1,396 1,577 50, 360 1,702 1,497 41, 763 1,342 1,313 743,827 7 1, 480 1,252 +21.9 +21.9 -5.1 +14.9 +15.0 +19.6 436, 181 13, 798 14, 142 417 369 351 +33.2 +18.8 3, 442 3,283 -4.6 8 30, 940 870,981 8 29, 928 8 68, 236 -3.3 -3.9 nnmbftr of oars Shipments (General Motors Co.): To dealers number of cars To users number of cars Accessories and parts: Shipments— Original equipment ..rel. to Jan., 1925.. Replacement parts.. .rel. to Jan., 1925.. Accessories rel. to Jan., 1925.. Service parts . rel. to Jan., 1925 Exports _ thous. of dolls.. Rim production . thous. of rims New passenger-car registrations: Total number of cars Highest price group ._ . number of cars . Second highest group number of cars. . Third highest group number of cars Lowest price group number of cars Miscellaneous number of cars +67.8 +54.7 +98.4 338, 924 248, 750 90, 174 431, 107 +27.2 318,444 +28.0 112, 654 +24.9 +11.9 +176. 7 +6.6 +181. 3 +25.8 +167. 0 51, 345 35, 640 15, 705 64, 319 +25.3 46, 556 +30.6 17, 763 +13.1 -5.9 -8.4 1,445,056 1, 420, 278 1, 727, 778 +19.6 1, 717, 591 +20.9 -8.3 +61.3 -0.5 +5.7 -25.4 -11.7 +0.7 +17.5 +73.9 +165. 5 -8.7 +52.7 88,694 18, 038 119, 042 +34.2 21,929 +21.6 27, 718 +52.2 19, 366 +33.2 8,352 +105. 5 -27.8 -5.3 8 1, 215, 735 8 2,8 481, 872 101, 010 8 85, 378 8 529, 767 8 534, 641 8 543, 563 « 683, 946 81,044,439 8 1, 156, 357 8 5, 918 8 12, 588 +12.0 +18.3 +0.9 +25.8 +10.7 -63.0 FUELS Coal and Coke Bituminous: ProductionUnited States thous. of short tons.. Canada thous. of short tons . Exports .. _ thous. of long tons C onsumption— By vessels thous of long tons By electric power plants thous. of short tons.. By railroads thous. of short tons.. By coke plantsUnited States thous. of short tons.. Canada . . thous. of short tons PricesMine aver. (spot). dolls, per short ton.. Wholesale, comp.dolls. per short ton.. Retail, composite. dolls, per short ton.. Anthracite: Production thous. of short tons Exports thous of long tons PricesWholesale, comp... dolls, per long ton._ Retail, composite. .dolls, per short ton._ Coke: Production, U. S. — Beehive thous. of short tons By-product thous. of short tons Production, Canada, .thous. of short tons.. Exports . thous. of long tons Price, furnace, Connellsville dolls, per short ton.. 322 314 356 313 3,039 6,927 7 3, 170 7,002 7 3, 440 7,403 3,420 7,627 6,167 271 6,046 279 6,194 269 6,180 270 1.73 3.973 8.72 1.70 3.984 8.69 1.76 4.009 8.74 71.81 5,301 209 4,475 167 12. 949 14.61 3,566 7 7, 660 3,666 8,418 6,726 294 5,898 219 6,006 223 +8.8 +8.9 +12.0 +31.8 4.019 8.84 1.87 4.020 8.96 2.08 4.274 9.20 1.95 4.199 9.33 +3.3 0.0 +1.4 -4.1 -4.3 -4.0 6,883 278 6,036 265 8,554 405 6,596 290 7, 353 310 +41.7 +52.8 +16.3 +30.6 12. 965 14.63 12. 853 14.76 13. 040 14.93 13. 040 14.98 13. 353 15.03 13. 389 15.07 0.0 +0.3 -2.6 -0.6 302 3,961 195 126 271 3,911 200 79 288 3,995 191 70 312 3,959 194 77 421 4,219 210 100 7470 3,603 150 76 7431 3,720 152 69 +34.9 +6.6 +8.2 +29.9 -2.3 +13.4 +38.2 +44.9 2.80 2.79 2.88 2.88 2.91 3.00 2.91 +1.0 0.0 62, 667 2,394 62, 736 +0.1 2,634 +10.0 67, 252 2,479 63, 051 2,418 6,429 36, 775 1,647 581 3,562 -44.6 39, 265 +6.8 1,890 +14.8 818 +40.8 -6.2 -2.5 Petroleum Crude petroleum: Production thous. of bbls.. 72, 526 Stocks, end of monthTotal (comparable) thous. of bbls.. 370, 751 Tank farms and pipe lines thous. of bbls.. 328,094 Refineries _ _ . thous. of bbls 42, 657 CaliforniaLight thous. of bbls.. 19, 197 Heavy. thous. of bbls.. 94, 234 Imports thous of bbls 6,553 Consumption (run to stills) . thous. of bbls.. 75,681 Refinery operation: per ct. of capacity.. 81 Price, Kansas-Oklahoma dolls, per bbl.. 1.190 Oil wells completed _ number 1,056 Mexico— Production _ thous . of bbls 4,049 Exports thous. of bbls 2,808 VenezuelaProduction thous. of bbls 8,339 Exports thous. of bbls. . 8,231 Gasoline: ProductionRaw (at refineries) thous. of bbls. . 30, 675 Natural gas (at plants) . thous. of bbls.. 3,317 Exports._ _. . thous. of bbls 4,614 Consumption __ thous. of bbls 29, 022 Stocks, end of monthRaw (at refineries) thous. of bbls— 34, 393 Natural gas (at plants).. thous. of bbls.. 648 ? Revised. 7 403, 334 -7.5 14,190 +2.8 11,729 -17.1 75, 426 77, 829 76,404 79,662 75,909 77, 534 +4.3 +2.7 369, 243 368, 653 366, 652 36S, 031 339, 472 345,864 +0.4 +6.4 326, 314 42,929 326, 399 42, 254 326, 153 40, 499 328, 201 39, 830 301, 259 38, 213 307,310 38,554 +0.6 -1.7 +6.8 +3.3 18, 215 95, 663 7,878 80,700 82 1.195 1,096 18, 310 95, 057 6,141 81, 582 83 1.210 1,247 16, 870 96, 563 7,140 79, 810 84 1.210 1,192 16, 670 97, 097 6,703 79, 603 82 1.210 1,224 22, 826 93, 820 5,122 68, 532 79 1.198 1,048 21,676 92, 233 4,633 71, 761 80 1.240 1,049 -1.2 +0.6 -6.1 -0.3 -2.4 0.0 +2.7 -23.1 +5.3 +44.7 +10.9 +2.5 -2.4 +16.7 4,040 3,249 4,047 2,212 3,716 2,244 4,774 3,867 4,932 2,768 9,398 8,808 9,031 8,933 9', 478 8,615 10, 520 9,283 5,762 4,742 6,024 5,928 +11.0 +7.8 32, 884 3,410 5,108 31, 985 34, 037 3,421 4, 452 33, 148 33,543 3,452 4,670 29, 691 34, 319 3,695 3,919 30, 610 27, 708 3,245 3,481 28,400 28, 879 3,419 3,805 25, 515 30, 392 477 27, 197 414 26, 405 436 26,453 402 29, 775 781 29, 551 781 8 Cumulative through Sept. < 751, 685 744,609 46, 834 687, 576 65,868 +40.6 753, 584 9.6 -0.9 12, 547 10,286 -18.0 849 539 8 39, 622 8 38, 768 -21.7 8 26, 884 -32.1 +74.6 +56.6 40, 254 41, 496 84, 538 +68.2 80,947 +95.1 +2.3 +7.0 -16.1 +3.1 +18.8 +8.1 +3.0 +20.0 273, 210 31, 831 36,500 249, 488 309, 514 +13.3 34,310 +7.8 44, 137 +20.9 273, 639 +9.7 +0.2 -7.8 -10.5 -48.5 29 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" July June PER CENT INCREASE (+) OR DECREASE (— ) 1937 August Septem- October from Sept., 1937 from Oct., 1927 1928 Perct. increase or decrease Oct., 1928, Oct., 1928, Septem- October CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 cumulative 1928 from 1927 1938 FUELS— Continued Petroleum— Continued Gasoline— Continued. Prices.170 Wholesale, New York... dolls, per gaL. .153 Retail, wagons, 50 cities-dolls, per gaL. Retail distribution, 41 States.thous. of gals. . 861, 547 Kerosene: 4,849 Production . thous. of bbls. _ 1,632 Exports thous. of bbls.. 2,385 Consumption thous of bbls 8,370 Stocks at refineries, end mo.thous. of bbls.. Retail distribution, 13 States.thous. of bbls. . 30, 719 .073 Price 150° water white dolls, per gaL. Gas and fuel oils: 35, 565 Production .thous. of bbls. _ Consumption— 4,307 By vessels thous. of bbls. . 498 By electric pow. plants.thous. of bbls.. 3,819 By railroads ..thous. of bbls.. 36, 015 Stocks at refineries, end mo.thous. of bbls.. .719 Price, Okla. 24-26, refineries-dolls, per bbl__ Lubricating oil: 3,009 Production thous. of bbls.. 2,143 Consumption thous. of bbls.. 7,832 Stocks at refineries, end mo.thous. of bbls.. .220 Price, cylinder oil dolls, per gal_. Asphalt: 332 Production . __ .thous. of short tons. . 271 Stocks, end of month.thous. of short tons.. 3 Imports .. thous. of short tons.. Coke: 118 Production thous. of short tons. _ 344 Stocks, end of month thous. of short tons.. Wax: 50, 792 Production thous. of lbs._ r 91, 989 Stocks, end of month thous. of lbs_. .180 .173 .160 .156 864,427 7 983, 644 .180 .163 908,417 .180 .163 4,994 1,826 3,079 8,470 31,427 .068 5,389 1,653 3,261 8,922 40, 170 .072 5,037 2,068 3,276 8,593 5,186 1,749 3,465 8,614 .086 36, 941 37, 449 37, 059 4,101 553 4,071 37, 410 .670 4,564 608 4,087 37, 961 .650 4,051 600 4,363 40, 067 .650 2,827 1,930 7,667 .226 2,891 2,035 7,711 .229 329 251 11 .170 .144 864, 242 .170 .143 810, 470 0.0 0.0 +5.9 +14.0 4,883 2,193 3,585 7,611 32,995 .073 +3.0 -15.4 +5.8 +0.2 + 6.2 -20.2 -3.3 +13.2 .082 4,686 1,652 3,198 8,523 37, 179 .068 -4.7 +12.3 37, 411 32, 295 33, 901 -0.1 9.2 326, 256 350, 788 +7.5 4,560 4,594 503 4,652 33, 191 .865 +12.6 -0.7 39, 626 .650 4,436 504 7 4, 157 31, 631 .850 41, 676 8 5, 125 8 35, 694 42, 641 8 5,012 836,524 +2.3 -2.2 +2.3 2,833 1,973 7,764 .236 2,979 2,145 7,830 .240 2,782 1,965 7,447 .255 2, 757 1,781 7,584 .253 +5.2 +8.7 +0.9 +1.7 +8.1 +20.4 +3.2 -5.1 26, 443 18, 248 28, 947 19,704 +9.5 +8.0 316 226 13 306 203 4 321 211 11 333 177 14 +4.9 333 +3.9 189 14 +175. 0 -3.6 +11.6 -21.4 2,866 2,887 +0.7 138 80 -42.0 127 385 136 402 119 380 125 394 98 314 102 331 +5.0 +3.7 +22.5 +19.0 935 1,162 +24.3 45, 273 84,476 54, 084 79, 136 50, 670 84, 330 54, 546 91, 789 47, 888 170, 172 49, 476 170, 362 +7.6 +8.8 +10.2 -46.1 482, 162 52, 831 31, 258 47, 128 158,345 32, 712 62, 224 50, 760 39, 732 55, 351 44, 058 48, 186 33, 301 37,341 50, 370 30, 184 37, 130 8 6, 549, 884 87,144,232 -1.1 + 19.4 0.0 -24.9 +9.1 50, 278 +8.3 18, 563 +14.3 30, 783 -16.7 46, 420 16, 237 36,935 519, 236 +7.7 RUBBER Crude Rubber World shipments, plantation Imports (including latex) Consumption by tire mfrs Consumption (quarterly) : Total For tires Stocks, end of quarter: Total Manufacturers Dealers Afloat World stocks, end of month: World total Un ted States Europe Producing countries _ Afloat long tons. . long tons _ thous. of lbs__ 40,927 27, 764 53, 159 ..long tons.. long tons 2 95, 220 2 81, 323 2 2 87, 771 long tons -long tons _ 22 77, 132 10, 639 long tons. . long tons . 238,478 long tons. . 2 212, 527 ..long tons.. 2 90, 198 long tons. . 42, 365 long tons . . 20, 664 59,300 long tons.. 2 108, 167 93, 173 33 82, 073 69, 369 2 68, 729 54, 418 14, 301 43, 492 3 72,989 3 17, 872 3 260, 790 97, 829 72, 748 27,822 62,400 263, 683 97,453 73, 876 27, 654 64,700 3 90, 861 2 2 2 208,789 83, 242 39 269 21, 578 64,700 201,188 68,995 35, 865 21,828 74, 500 68, 851 35, 210 17, 687 8 +46.0 +13.6 +14.6 +31.8 +34.3 +34.4 -21.7 —29 4 -24.4 —25 4 -20.0 +20.8 35 31 8 +13.0 36, 006 66, 421 +10.9 448, 946 356,929 8 411, 366 8326,466 -27.3 357, 684 +0.2 8 451, 698 +9.8 8 8 268, 335 230, 594 8 298, 660 +11.3 8 255, 367 +10.7 Tires and Tubes Pneumatic tires: Production Stocks, end of month ShipmentsDomestic Export Inner tubes: Production Stocks, end of month _ _ ShipmentsDomestic . Export Solid and cushion: Production Stocks, end of month _ Shipments— Domestic Exports . thousands _ thousands.. 5,030 9,150 4,881 8,396 5,607 7,539 5,101 7,324 3,638 7,325 3,603 7,287 8 38, 148 8 44, 284 +16.1 thousands.. .thousands. _ 5,162 184 5,811 121 6,131 179 5,191 168 4,168 136 3,484 133 s 36, 656 8 1, 561 842,945 +17.2 8 1, 380 -11.6 5,222 12, 892 5,009 11,248 6,264 10, 466 5,327 10, 158 4,247 10, 162 3,809 10, 187 8 41, 553 8 46, 892 +12.8 5,254 105 6,469 83 6,886 132 5,245 121 4,973 103 3,685 93 8 42, 995 8884 8 45, 352 8896 49 156 46 152 52 149 43 151 36 173 34 162 thousands . . thousands. . .thousands.. thousands _ .thousands. _ thousands . . thousands thousands.. 45 5 45 4 42 2 49 5 42 4 • 40 4 +5.5 +1.4 8471 «399 -15.3 8409 8373 -8.8 834 -34.6 Other Rubber Products Reclaimed rubber (quarterly) : 2 Production long tons 51, 109 Stocks, end of quarter ..long tons.. 2 15, 459 Scrap rubber (quarterly) : 251,518 Stocks at reclaimers long tons Consumption by reclaimers long tons.. 2 65, 387 1 Quarter ending in month indicated. | 22 52, 823 14, 963 2 2 8 61 016 66, 298 Quarter ending Sept. 30,1927. 3 3 39 449 17, 812 3 55, 547 50,495 3 7 Revised. 1 ! +3.4 -3.2 +18.4 +1.4 8 +33.9 -16.0 8 126, 193 * 155,044 +22.9 i +9.8 +31.3 s 160, 857i 8 195, 754 +21.7 Cumulative through Sept. 30. 30 TREND OF BUSINESS MOVEMENTS—Continued ] 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be & found on pages 28 to 137 of the August, 1928, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1937 Oct., June July August Septem- October ber September October Oct., 1928, from Oct., 1927 1928, from Sept., 1928 Perct. increase (+) or decrease (-) cumulative 1928 from 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1927 1928 RUBBER— C ontinued Other Rubber Products— Continued Rubber-proofed fabrics: ProductionTotal thous. of yds Auto fabrics thous. of yds__ Raincoat fabrics thous. of yds_. All other ..thous. of yds. . New orders, auto fabrics thous. of yds. _ Production, relative to capacity ._ per cent.. Rubber heels: Production . thous . of pairs . . Shipments— To shoe manufacturers thous of pairs To repair trade thous. of pairs For export thous. of pairs _. Stocks, end of month thous. of pairs.. Rubber soles: Production thous of pairs Shipments— To shoe manufacturers thous of pairs To repair trade thous. of pairs. . For export thous. of pairs .. Stocks, end of month thous. of pairs _ Mechanical rubber goods: ShipmentsTotal _ thous. of dolls ._ Belting thous of dolls Hose thous. of dolls.. All other thous. of dolls.. Rubber bands, shipments . thous. of Ibs. _ Rubber flooring, shipments thous. of sq. ft.. 2,953 895 1,351 707 884 24.5 3,447 763 1,951 733 497 25.9 4,613 764 2,598 1,251 688 39.1 4,966 780 3,179 1,007 1,085 40.0 18, 763 17, 620 21,289 9,166 9,022 884 50, 569 12, 070 7,372 457 49, 679 11, 642 9,244 729 49, 511 3,321 3,168 1,977 948 41 4,687 1,897 808 55 5,067 6,126 1,568 2,298 2,260 192 717 8 28, 744 +6.8 7,533 -6.4 14, 192 -5.5 '7, 628 +63.2 8,761 +3.0 4,545 756 3,123 666 955 28.7 4,634 819 3,179 636 827 31.2 21, 451 18, 452 21, 151 8 139, 398 8 178, 741 +28.2 9, 207 • 9, 199 875 49, 751 8,882 8,170 722 38, 696 10, 546 9,305 913 39, 723 s 72, 990 s 61, 050 87,529 8 91, 292 +25. 1 « 71, 044 +16.4 8 7, 717 +2.5 3,461 2,725 2,634 3,697 8 16, 863 8 29, 928 +77.5 2,209 917 46 5,633 1,703 893 29 5,501 1,390 996 27 3,068 2,169 1,096 46 3,899 811,420 8 4, 899 8697 8 5,157 1,396 1,795 1,966 173 477 6,306 1,888 2,068 2,360 193 583 5,393 1,412 1,731 2,250 186 5, 467 1,497 1,963 2,007 5,244 1,368 1,837 2,039 196 & 52, 540 8 13, 662 s 20, 831 8 18, 149 * 8 8 8 4-161 52, 805 13, 090 19, 771 19, 953 1,935 +0.5 -4.2 -5.1 +9.9 58,091 4,457 34, 168 8,383 7,323 50, 175 4,134 28, 193 7,873 6,171 47, 056 4,053 26, 540 7,951 6,773 34, 448 2,707 18, 504 6,728 4,902 43, 665 4,545 25, 383 6,485 4, 510 36, 3561 3,699 21, 561 5,700 3, 195 +4.5 +22.6 -3.4 +18.8 -22.8 -1.0 -10.3 -17.1 +40.2 +18.5 370, 637 37, 314 192, 134 69, 383 48, 891 450, 802 35, 181 252,260 78, 455 54, 632 +21.6 -5.7 +31.3 +13.1 +11.7 244, 746 196, 561 29, 159 19, 026 239,877 194, 668 25, 551 19, 658 243, 591 197, 086 25, 758 20, 747 249, 272 203, 227 24, 059 21, 986 1 243, 327 188, 797 33, 024 21, 506 248, 187 200, 220 27, 942 20, 025 .224 .266 .239 .278 .236 .275 .246 .275 .219 .246 | i .224 .210 .233 .218 -11.0 -10.5 -6.0 +12.8 706 398 4,078 1,109 662 362 2,984 1,076 717 369 2,545 1,196 764 352 2,508 1,307 801 405 3,713 1,409 828 357 2,534 1, 185 895 413 2, 969; 1,194 +4.8 +15.1 +48.0 +7.8 -10.5 -1.9| +25. 11 +18. 0| 7,877 4,091 35, 079 10, 719 99 205 25 100 164 45 105 140 62 96 161 86 111 200 j 142 98 174 89 117 208 138 +15.6 +24.2 +65.1 -5.1 -3.81 +2.9| 937 2,038 442 938 2,077 454 1,399 24,971 1,436 25, 070 1,463 25, 701 i 1, 324 23, 510 1,337 24, 447 1,325 24, 230 +9.5 +9.4 13, 340 « 226, 834 13, 663 8 220, 902 +2.4 -2.6 91,781 63, 921 538 .68 90, 949 69, 557 531 .67 89, 508 72,439 996 .67 85,990 74, 243 733 .65 i 81, 015 61, 355 730 +3. 1 +14.5 8, 338 +1.8 •" 69,399 j +12. 6| -3.1| j 8, 190 1 79,600 60, 811 800 .55 600, 761 8 612, 814 +2.0 117,238] 114,261 -2.5 8261,843 4, 700 «262,400| 3, 573 609 1,222 31.2 216 559 —21. 9 -25.6 +12.6 -22.0 +47.8 ! 0.0 * 26, 926 8,046 8 15, 025 8 4, 674 8,502 1 i I i l 1 8 17, 187 +50.5 8 8, 342 +70.3 1, 918 +175. 2 8 HIDES AND LEATHER Hides Imports: Total hides and skins thous. of lbs_. Calfskins thous. of Ibs.. Cattle hides ._ _ . thous. of lbs._ Goatskins thous. of lbs._ Sheepskins thous. of lbs_. Stocks, end of month: Total hides and skins thous. of lbs_. Cattle hides thous. of Ibs. Calf and kip skins _ _ _. thous. of Ibs ._ Sheep and lamb skins thous. of lbs._ Prices: Green salted, packers' heavy native steers dolls, perlb— Calfskins, country No. 1 dolls, per lb_. Inspected slaughter of livestock: United StatesCattle thous. of animals.. Calves thous. of animals Swine thous. of animals.. Sheep. thous. of animals. _ Canada — Cattle and calves no. of animals. _ Swine. no. of animals.. Sheep no of animals 35, 982 3,318 17, 883 7,993 3,785 7,038 -10.7 3,961 -3.2 39, 477 +12.5 11,245 +4.9 +0.1 +1.9 +2.7 Leather • Sole and belting leather: ProductionSole only. thous. of backs, bends, sides.. Sole and belting thous. of Ibs. Stocks, end of month— In process of tanning thous. of Ibs Finished . thous. of lbs._ Exports. _-._ ..thous. of lbs._ Price oak, scoured backs dolls, per lb. Upper leather: Production thous. of sq. ft Stocks, end of month— In process of tanning. _ thous. of sq. ft-. Finished thous. of sq. ft. Exports thous. of sq. ft.. Chrome calf/'B" grades. .dolls, per sq. ft.. Leather Products Shoes: Production thous. of pairs. _ Exports thous. of pairs Wholesale pricesMen's black calf blucher, Mass dolls, per pair . Men's dress welt, tan calf, St. Louis dolls, per pair Women's black kid, dress welt, lace, oxford dolls, per pair.. Gloves, cut dozen pairs. .1 7 1 66,047 66, 464 73, 150 66, 380 143, 099 262, 667 8,949 .53 147, 443 254, 563 8,403 .57 147, 602 253, 854 9,000 .57 146, 010 247, 386 ? 9, 093 .57 27,284 318 28,154 344 734,974 331 6.75 6.75 5.00 5.00 4.15 228, 039 4.15 202, 051 Revised. 1,450 825 .63 8 70, 081 I 11, 174 .55 144, 881 241, 835 10, 518 .51 147, 790 244,268 12, 177 .51 30, 793 275 340 33,933 312 32, 267 376 +23.6 -9.6 6.75 6.75 6.75 6.50 6.50 0.0 +3.8 5.00 5.00 5.00 5.00 5.00 0.0 0.0 4.15 237,043 4.15 213, 945 4.15 4.00 229,999 4.00 244.090 0.0 +3.8 f +22.9 -3.5 Cumulative through Sept. 30. -8.2 +7 8 i i +0.2 -24.0 1 8 1,961,901 81912.163! -2.5 31 TREND OF BUSINESS MOVEMENTS—Continued i 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August , 1928, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1937 Septem- August June July 133, 854 135, 917 184, 314 20,528 112,403 125,465 171,098 217,456 214,068 45, 870 122,474 2.53 119, 673 83 192,391 170,892 lia, 313 115,940 184, 199 152, 763 200, 656 162, 184 116,901 190,926 163,807 109, 611 181, 834 174, 667 174, 031 ber October Septem- Oct., 1928, from Sept., 1928 October ber CUMULATIVE TOTAL | FROM JAN. 1 THROUGH OCT. 31 Oct., 1928, from Oct., 1927 Per ct. increase or decrease cumulative 1928 from 1927 1937 1928 +21. 6 +8.7 +19.2 +12.2 -11.1 -19.7 +8.8 +12.7 1, 318, 651 1,371,864 1, 325, 014 1, 366, 136 +0.5 -0.4 192,315 204,081 +6.1 +13. 3 +13.4 +7.0 +8.5 2,162,668 2, 151, 628 2, 161, 330 2,161,222 -0.5 0.0 +20.2 0.0 +12.0 0.0 1, 134, 670 1, 187, 183 +4.6 -6.7 PAPER AND PRINTING Wood Pulp Mechanical: Production short tons Consumption and shipments. ..short tons.. Stocks, end month short tons.. Imports short tons Chemical: Production short tons Consumption and shipments.. .short tons.. Stocks, end of month short tons.. Imports short tons.. Price sulphite dolls, per 100 lbs_. Newsprint Paper Production: United States, total short tons __ Ratio to capacity per cent Canada . short tons Consumption by publishers short tons.. Shipments: United States short tons.. Canada short tons Imports . . - .short tons Exports: Canada . short tons. Stocks, end of month: At millsUnited States ._ short tons.. Canada short tons At publishers short tons.. In transit to publishers short tons.. Price, roll f. o. b. mill dolls, per ton.. 121,051 130,465 108, 166 122, 771 133, 006 131, 558 146, 383 118, 182 92, 025 120, 326 156, 574 14, 553 114, 668 138, 309 147, 611 17, 233 200,654 222, 116 201, 646 204, 378 7 42, 510 228, 434 231, 720 45, 522 149, 112 2.53 209, 776 211, 744 38, 286 119, 090 2.60 213,472 102,852 121,613 114, 659 +7.5 1,248,822 1,165,713 216, 602 178, 815 169, 286 113, 126 80 191, 171 184, 805 +18.2 185, 059 +17.0 +13.3 1, 710, 220 1,949,882 +14.0 114, 539 196, 894 173, 872 107, 894 194, 233 164, 648 120, 927 221, 743 200, 362 114, 003 177, 195 168, 630 116, 885 188,769 175,484 +12.1 +3.5 +14.2 +17.5 +21.7 +14.2 1,233,975 1, 688, 895 1, 617, 771 1,148,494 -6.9 1, 948, 215 +15.4 1, 745, 787 +7.9 167, 456 179, 334 170, 840 214, 228 168,855 159, 284 +25.4 1,532,695 1, 797, 238 +17.3 39,979 47, 937 186,307 42, 767 3.25 40, 386 48, 270 199, 214 44, 266 3.25 35, 687 36,380 37,018 30, 751 209,044 27, 939 35, 774 214, 872 45, 789 3.25 +1.9 +30 2 -15.5 +3 5 745 113 86,360 81,007 8 5, 996 -5.7 8 1, 335 +32.6 12, 711 13, 100 96 94, 668 53, 774 204, 512 42, 580 129,910 2.53 221,008 44, 686 120, 643 2.53 40,838 21,953 124,048 2.53 169,625 52, 108 43,800 39, 744 3.25 191, 287 48, 229 3.25 555 128 551 169 835 261 12,098 9,986 12, 538 13, 738 797 68, 482 58, 108 11, 837 11, 976 105 85, 489 50, 114 23,884 3.25 28,389 33,384 225, 310 45, 570 3.25 147, 160 21, 190 213, 524 38, 234 133, 170 2.53| 0.0 +34.5 0.0 Printing Book publication: American manufacture no. of titles __ Imported no. of titles Sales books: New orders thous. of books Shipments _ thous. of books. Printing activity weighted index number.. Cash checks, shipments thous. of checks.. Blank forms, new orders thous. of sets.. 796 70, 710 48,963 830 89 13,958 14, 605 86, 889 67, 957 12, 277 12, 387 99 76, 364 35, 088 981 143 j 13, 851 12, 898 105 71, 625 37, 258 +17.9 +22.0 +0.8 +13.2 122,802 117, 152 124,951 122, 406 +1.6 +35.6 +21.3 +82.4 759,955 333, 419 777, 700 +2.3 488,386 +46.5 8,803 +11.8 -1.3 +8.4 +2.7 -4.8 +0.8 +7.2 -6.6 +6.0 +5.3 +8.8 +9.3 —19.4 +8.9 +8.2 +1.5 80, 892 84, 959 +5.0 2,076 2,111 2,236 2,250 +7.7 +6.6 1,992 2,085 2,112 2,235 +6.0 +7.2 +9.4 +36.8 +0.9 +25.9 +21.2 +4.8 +20.4 + 9.9 +1.7 +4.5 Box Board Operation thous. of inch hours Operation perct. of capacity.. Production short tons New orders .. short tons Unfilled orders, end of month short tons.. Consumption of waste paper short tons Shipments short tons Stocks, end" of month short tons.. Stocks of waste paper, end of month: On hand short tons.. In transit and unshipped purchases. tons. . 8,200 75.3 228, 646 228, 252 77, 782 204,468 223, 901 53, 560 130, 484 43,480 7,992 9,327 76.2 201, 153 209, 976 79, 492 190, 810 203, 741 49, 969 7 8, 344 9,236 783.0 81.6 230, 750 7 224, 971 236, 682 7 7234, 449 87, 097 81,816 213, 626 7 237, 361 233, 104 7228,880 47, 709 7 45, 271 81.9 243, 929 240, 753 82, 898 239, 258 132, 265 62, 056 117,009 7 116, 197 48, 108 7 53, 344 8,673 42, 271 82.8 225, 617 235, 936 116, 383 216, 652 228, 213 42, 923 77.8 224, 195 220, 215 102, 810 219, 627 226, 647 41, 630 127, 168 72, 960 126, 548 51, 441 126,040 2,461 2,537 132, 633 87 106, 205 84 106, 417 75, 749 109, 391 83 110, 813 74, 234 +13.0 +1.2 +10.4 -1.0 +2.5 245,295 57, 936 Other Paper Binder's board, production short tons2,705 Book paper: Production... ._ short tons 122, 387 Ratio to capacity per cent. _ 84 Shipments short tons 120, 551 Stocks, end of month short tons.. 89, 385 New ordersCoated p. ct. of normal production.. 75 Uncoated-.p. ct. of normal production.. 73 Unfilled orders, end of month — Coated p. ct. of normal production.. 9 Uncoated._p. ct. of normal production.. Wrapping paper: Production short tons 90, 577 Ratio to capacity per cent.. 84 Shipments short tons.. 89, 339 Stocks, end of month short tons.. 98, 344 Fine paper: Production . ... short tons 38, 225 Ratio to capacity.. per cent.. 84 Shipments short tons 38,875 Stocks, end of month short tons.. 53, 155 All other grades: Production short tons 104,725 Shipments short tons . 104,977 Stocks, end of month short tons.. 71,006 Total paper (inc. newsprint and box board): Production short tons 704,413 Ratio to capacity per cent.. 82 Shipments short tons 694,514 Stocks, end of month short tons.. 405, 429 7 Revised. 2,153 3,092 2,431 117, 492 80 118, 314 88, 491 130, 416 89 117, 374 86 120, 895 82, 403 133,429 77 80 77 79 81 83 76 82 76 85 10 8 8 7 10 10 7 9 8 9 88,477 86 94, 228 7 83, 582 84 7 86, 173 7 91, 977 96, 053 85 89, 696 94 86, 646 92, 795 87 92, 424 940,095 +3.9 81,737 80,907 +14. 9 +3. 5 +1. 2 -2. 3 +10. 1| +2. 7 +1. 6: +15. 5 904, 813 92,467 100, 779 89 100, 174 93, 340 880, 918 931.814 +5.8 33, 984 80 34, 562 53, 156 39, 331 84 38, 938 53, 535 34,885 37,329 38,814 +13. 7! +2. 2 +5. 0| -8. 7 +14. 0 +2. 3 +0.7| +5.6 371, 916 386,020 +3.8 53,361 39, 663 84 39, 782 53, 759 373, 196 383,749 +2.8 95, 454 110, 677 109, 154 72, 438 100, 138 102, 437 70, 140 113, 402 115, 643 62, 218 101, 157 102, 311 73, 357 +13. 2 +10. 0 +12.9 +12.2 —11.3 —14 3 1, 001, 427 996, 370 1, 023, 328 1,052,361 +2.2 +5.6 727,893 7 663, 802 747,293 674, 663 83 749, 976 370, 330 6,712,528 7 020 043 +4.6 674, 359 355, 273 6,670,766J 6,980,864 +4.6 96,056 70, 575 646,863 77 656,498 396,044 133,024 85, 836 80 34, 885 78 81 728, 933 7 681, 164 7 393, 696 7378,839 81, 579 94,900 93, 416 92 36, 769 50, 756 92 38, 892 50,903 103, 058 103,040 72, 594 i s 28, 106 +23.2 1, 258, 712 +13.4 1, 101, 444 1, 252, 348 +13.7 +9.2 1 0.0 : +25. 0 +12. 6 +2. 5 688,701 +10.1 348, 207 -2. 2 8 Cumulative through S()pt. 30. 681, 379 85 8 22, 809 1, 109, 509 +9. 7 —24 +8.9 +6. 4 32 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulative^ shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" August PEE CENT INCREASE (+) OR DECREASE (— ) 1937 September October September Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 June July 423, 282 341, 291 81, 991 404, 520 335, 732 68, 788 441, 792 364, 756 77, 036 434, 371 359, 553 74, 818 454, 662 374, 342 80, 320 386, 039 308, 585 77,454 427, 263 348, 835 78, 428 +4.7 +4.1 +7.4 +6,4 +7.3 +2.4 76 74 83 72 71 75 79 77 84 79 78 80 88 89 83 80 79 84 85 85 83 +11.4 +14.1 +3.8 +3.5 +4.7 0.0 83 89 111 102 113 88, 569 18, 829 81, 689 17, 657 99, 789 17, 875 95, 131 18, 281 4,378 4,060 7, 712 7,930 176 181 191 207 198 100.90 175 181 191 207 198 100. 09 177 181 191 207 200 101. 20 177 181 191 208 201 101. 13 203 212 198 201 204 213 198 201 204 213 198 201 204 213 198 201 October CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 Per ct. in- crease ( ort> decrease (-) cumulative 1928 from 1927 PAPER AND PEINTING-Continued Paper-Board Shipping Boxes Production: Total thous. of sq. ft Corrugated_ ..thous. of sq. ft. _ Solid fiber thous. of sq. ft.. Operating activity: Total -. ..per cent of normal.. Corrugated per cent of normal. Solid fiber _ . per cent of normal.. 982, 382 3, 191, 543 790, 839 4, 142, 068 3, 329, 527 763, 882 8 763, 835 8 141, 781 8 802, 614 +5.1 8 165, 059 +16.4 +4.0 +4.3 -3.4 Other Paper Products Rope paper sacks, shipments-.rel. to 1921-22. _ Abrasive paper and cloth: Domestic sales Foreign sales _. reams reams.. +10.8 85, 379 14, 361 85, 155 18, 389 6,454 7,800 6,711 -18.6 -3.8 184 184 191 209 202 100.67 179 187 191 204 201 104. 51 181 185 191 202 201 104. 71 +1.1 +1.7 0.0 +0.5 +0.5 -0.5 -1.1 -0.5 0.0 +3.5 +0.5 -3.9 204 213 197 201 205 215 197 200 205 215 196 201 0.0 0.0 -0.5 0.0 -0.5 -0.9 +0.5 0.0 9,723 5,453 38,046 11, 821 +15.3 -6.2 +24.7 -13.7 +11.6 +75.1 +5.9 +18.8 115, 610 57, 307 394, 528 471, 606 +19.5 73, 765 +3.2 +13.3 +1.3 +12.4 64, 577 684, 944 60, 143 -6.9 797, 028 +16.4 77, 726 50, 370 236, 870 29,699 +8.1 -45. 8 +19.2 -17.1 -18.6 +21.4 -0.9 +3.5 2, 079, 833 315, 672 2, 346, 352 +12.8 332, 738 +5.4 -8.8 +26.1 +1.8 -1.9 -8.6 -3.6 +37.9 +6.1 -5.4 +9.5 557, 952 1, 052, 342 5, 176, 276 352, 009 463, 307 -17.0 1, 124, 857 +6.9 5, 536, 742 +7.0 424, 090 +20.5 269, 670 19, 411 BUILDING CONSTRUCTION AND HOUSING Rental advertisements, Minneapolis-number.. 53, 389 50,065 -6.2 Building Costs Building materials: Frame house, 6-roorn rel. to 1913.. Brick house, 6-room___ _rel. to 1913. _ Concrete factory costs (Aberthaw)..rel. to 1914.. Building costs (Eng. News Record) _rel. to 1913. . Building costs (-4. Q, <7.) . rel. to 1913 . Plumbing fixtures, 6 pieces dollars.. Construction costs (Am. Appraisal): Frame rel. to 1913 Brick, wood frame rel. to 1913 Brick steel frame rel. to 1913 Reinforced concrete rel. to 1913 " Contracts and Losses Contracts awarded (36 States) : Commercial buildings thous. of sq. ft.. Industrial buildings _thous. of sq. ft.. Residential buildings thous. of sq. ft__ Educational buildings thous. of sq. ft._ Other public and semipublic buildings thous. of sq. ft__ Grand total thous. of sq. ft_. Contracts awarded, value (36 States) : Commercial buildings thous. of dolls.. Industrial buildings thous. of dolls _ Residential buildings .thous. of dolls .. Educational buildings thous. of dolls Other public and semipublic buildings thous. of dolls. . Public works and utilities. -thous. of dolls. . Grand total thous. of dolls Contracts awarded, Canada... -thous. of dolls.. Building volume (A. G. C.) rel. to 1913. . Fire losses: United States and Canada (Journal of Commerce) thous. of dolls. . Canada (Monetary Times) ..thous. of dolls.. 13, 982 10, 523 52, 030 +9.3 78,928 +37.7 11, 974 11, 442 13, 194 6,978 43,093 5,586 42, 859 5,418 38, 744 5,651 48, 298 4,114 45, 608 4,103 7,192 90, 971 6, 605 78, 778 6,392 6,477 78, 638 6,278 73, 146 82, 906 6,810 64, 858 6,393 90,914 93, 144 31, 193 221, 345 35, 315 57, 178 41, 318 207, 521 33, 559 58, 525 112, 925 196, 850 37, 088 63, 263 61, 170 234, 654 30, 746 56,938 48,052 624, 224 59, 926 244 50, 380 132, 853 564, 229 38, 360 237 45, 470 114, 714 499, 760 39, 449 239 51, 317 115, 808 572, 513 45, 439 266 46, 820 146, 041 582, 693 44, 585 243 505,830 32, 788 236 48, 555 105, 932 549, 152 47, 135 222 11, 123 1,909 17, 106 1,491 17, 724 2,356 17, 183 1,739 22, 414 1,795 21, 875 1,789 22, 327 1,778 +30.4 +3.2 +0.4 +1.0 404, 679 96 416, 006 406, 470 405, 937 88 435, 223 434, 061 425, 493 87 468, 672 479, 370 386, 671 88 423, 218 434, 884 427, 623 90 464, 558 444, 566 457, 587 438, 708 +10.6 +2.3 +9.8 +2.2 -2.5 4,314,488 4, 216, 208 -2.3 477, 046 483, 097 +4.0 -2.0 4, 297, 727 4, 406, 788 4, 469, 377 4,486,463 +4.0 +1.8 Stocks, end of mo. (computed) . M ft. b. m__ 1, 090, 126 1,063,109 1, 019, 050 323, 985 335, 836 339,038 Unfilled orders end mo (com )*M ft. b. m 54, 313 62, 094 43,287 Exports, timber M ft. b. in 12, 933 12, 302 7, 465 Exports, lumber _Mf t. b. m._ 36.40 36.34 36.16 Price flooring dolls per M f t b. m Douglas fir: 480,326 415, 417 358, 566 Production (computed) _..M ft. b. m__ 583, 733 484,803 389, 454 Shipments (computed),. M ft. b. m__ 508, 976 381, 396 New orders (computed) _.M ft. b. m__ 453, 467 429, 688 257, 845 456, 601 Unfilled orders end of month M ft b. m 85, 174 54, 181 59, 236 Exports, lumber M ft. b. m 43, 142 45, 471 40, 837 Exports, timber M ft. b. m 16.68 16.99 17.75 Price, No. 1 common. dolls, per M ft. b. m._ Price, flooring, 1 x 4, "B" and 35.15 better V G dolls per M f t b m 36.13 37.19 California redwood: 36, 190 30, 092 41, 137 Production (computed) M ft. b. m_. 38, 825 29,615 43,983 Shipments (computed) M ft. b. m__ 38, 022 31, 620 39, 855 New orders (computed) M ft. b. m.. 45. 093 46. 519 48. 910 Unfilled orders, end mo.Ccom.).M ft. b. m_. 8 Cumulative through Sept. 30. 991, 781 340, 875 40, 837 14, 891 954, 846 1, 193, 268 1, 190, 112 320, 883 320,096 346, 715 75, 504 48, 260 48, 637 14, 104 16, 775 17,542 37.98 584, 911 146, 756 -4.9 -6.2 37.49 -19.8 -7.5 +55.2 -19.6 -0.7 614,950 37.73 -3.7 -5.9 +84.9 -5.3 0.0 296, 343 315, 144 322, 754 293, 657 64, 265 44, 264 17.32 337, 527 301, 267 302, 610 542, 102 492, 860 487, 936 538, 968 491, 070 464, 211 +13.9 -4.4 -6.2 -37.4 -38.7 -34.8 5, 037, 381 5, 079, 909 5, 087, 518 65, 795 39, 330 18.06 73, 717 64, 781 16. 39 56, 204 15, 498 15. 17 +2.4 +17.1 -11.1 +153. 8 +4.3 +19.1 572, 784 425, 684 57, 464 250, 818 43, 787 56, 605 124,636 16, 835 6,214 8,548 10,348 9,705 4,876 196, 501 28, 344 52, 742 123, 254 5,544 45,004 769,993 398,473 126, 352 52,200 +16.0 -6.8 533,522 +33.9 717, 735 249, 476 20,971 -7.5 +8.0 LUMBER PRODUCTS Soft Wood Lumber Southern pine: Production (computed) M ft. b. m_. Operation per cent of full time Shipments (computed) M ft. b. m__ New orders (computed) _.M ft. b. m_. 37.73 297,686 446, 696 453, 811 38.85 40.61 35. 83: 35. 47 +4.5 +14.5 34, 329 33, 107 33, 519 47. 916 27, 851 32, 744 33, 115 40. 350 42, 343 41, 418! 39, 680 53. 807 43, 142 42, 676 36, 492 45. 430 -18.9 -1.1 -1.2 -15.8 -35.4 -23.3 -9.3 -11.2 156, 540 398,360| 440, 131! 451, 144! 4, 325, 623 -14.1 4, 539, 211 -10.6 4, 680, 606 -8.0 647, 605 +13.1 406,996 -4.4 382,428 -4.0 377, 614 -14.2 383, 601 -15.0 33 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PER CENT INCREASE (+) OR 1937 DECREASE (— ) August September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 Per ct. increase (+) or decrease (-) cumu lative 1928 from 1927 June July 133, 064 107, 019 477, 079 89, 802 183, 610 123, 923 105, 482 506, 119 96, 433 190, 185 145, 491 118, 310 516, 764 102, 805 181, 014 122, 708 105, 246 538, 136 86, 716 188, 747 163, 399 169, 719 419, 573 190, 727 166, 087 833, 576 175, 978 182, 662 905, 298 164, 017 172, 991 875, 733 119, 473 118, 791 113,662 123, 646 57,904 59, 528 59, 360 44, 471 48, 433 43, 920 45, 437 48, 643 49, 560 37, 457 39, 900 50, 890 48,090 51, 590 58, 870 52, 129 52, 234 46, 900 57, 295 56, 133 42, 560 +28.4 +29.3 +15.7 -16.1 -8.1 +38.3 512, 190 514, 997 406, 700 489, 412 -4.4 511, 839 -0.6 524, 410 +28.9 51, 756 47, 243 47, 018 52, 384 48, 300 41, 820 57, 335 47, 755 41, 435 51, 618 44, 618 44, 209 55, 031 51, 378 41, 109 46, 852 39, 195 32, 098 41, 148 39, 175 33, 698 +6.6 +15.2 -7.0 +33. 7 +31.1 +22.0 429, 325 394, 183 362, 419 451, 017 425, 869 395, 520 11, 706 11, 151 13, 476 12, 318 11,099 12, 419 8,897 11, 777 8,937 11, 979 11,819 9,034 7,941 -5.2 +0.4 +30.4 +12.5 1937 1938 LUMBER PRODUCTS— Continued Soft Wood Lumber— Continued California white pine:* Production M ft. b. m Shipments.— M ft. b. m Stocks, end of month > M ft b m New orders ._ .._ Mft.b.m Unfilled orders, end of month. _M ft. b. m__ Western pine: Production (computed) M ft. b. m__ Shipments (computed) _ M ft. b. m Stocks, end of mo. (computed) .M ft. b. m._ Unfilled orders, end of mo. (computed) _M ft. b. m North Carolina pine: Production (computed) M ft. b. m__ Shipments (computed) M ft. b. m__ New orders ... M ft. b. m Northern pine: Lumber— Production M ft b m Shipments.. M ft. b. m._ New orders M ft b m LathProduction M ft b in Shipments M ft. b. m__ Northern hemlock: Production M ft b m Shipments M ft. b m 18, 426 22, 343 9,734 16, 348 18, 920 20, 449 22, 661 126, 086 119, 074 552, 422 100, 760 183, 493 133, 659 104, 699 629, 284 90, 886 187,878 109, 490 111, 508 623, 671 97, 683 189, 947 15, 315 19, 951 14, 277 19, 187 7,675 7,929 22,554 7,110 10, 106 45, 926 45,020 68,456 43, 141 47, 099 8,204 8,543 21, 352 7,230 7,940 10, 283 9,843 25, 921 7,748 9,619 7,493 8,202 883, 823 1, 043, 799 +12.0 1, 029, 720 +7.8 901, 105 +2.0 +5.1 +8.0 +9.1 108, 278 110, 599 96, 031 -11.3 85, 663 -22.5 158, 515 8 185, 285 8 150,287 -5.2 8 150, 698 -18.7 8 9,188 17, 914 10, 558 8,124 26, 837 931, 897 954, 969 8 1, 224, 983 8 1, 275, 875 +4.2 8 1, 256, 887 8 1, 384, 161 +10.1 145, 101 134, 691 150, 768 153, 019 1, 089, 500 1,069,825 Hardwood Lumber Walnut lumber: 3,422 3,000 2,527 2,931 2,749 2,921 Production. _M ft. b. m._ 2,857 3,000 2,860 2, 798 2,742 3,299 2,967 Shipments M ft. b. m._ 3,419 13, 530 13, 166 12, 625 11, 796 Stocks, end of month M ft b m 13, 116 12, 249 11, 739 2,538 2,990 2,635 3,046 4,174 2,335 New orders M ft. b. in 2,731 4,741 7,364 5,216 5,088 5,270 6,982 Unfilled orders, end of month. _M ft. b, in_. 5,483 Walnut logs: 2,519 2,274 2,736 3, 773 2,633 2,702 2,549 Purchased . M ft log measure Made into lumber and 2,670 2,527 2,579 2,643 2, 995 2,814 2,606 veneer M ft log measure 2,752 3,058 2,684 3,465 3,166 Stocks, end of month _M ft. log measure 2,996 2,636 Northern hardwoods: 28, 705 16, 624 18, 536 15, 488 Production. M ft. b m 20, 073 23, 673 28, 498 25, 086 Shipments M ft b m 26, 194 27, 597 26, 475 27, 623 Lower Michigan hardwoods: 5,502 4, 915 4,257 5,388 7,049 5,438 Production M ft. b. m 6,467 6,683 7,252 7,349 7,055 7,348 Shipments M ft b m 23, 610 23, 507 20, 905 Stocks, end of month.. . M ft. b m 35, 491 33, 532 20, 605 Gum: 447 555 542 529 543 461 Stocks, total, end of month—. mill. ft. b. m_. 424 410 396 346 351 Stocks, unsold, end ofmonth.mill. ft. b. m__ 419 7130 7132 7100 7 124 133 7110 Unfilled orders, end of month.mill. ft. b. m__ Oak: 1,000 954 975 974 959 1,006 Stocks, total, end of month mill ft b m 854 800 775 791 794 Stocks, unsold, end ofmonth.mill. ft. b. m__ 809 7146 161 7181 7165 7159 7173 Unfilled orders, end of month mill ft b m All hardwoods: 398 236 Production mill ft b. m 244 263 270 383 248 308 293 Shipments mill ft b m 263 285 311 263 289 293 319 326 New orders. . mill. ft. b. m 262 2,817 2, 610 2,664 2,771 2,731 Stocks, total, end month mill ft b m 2,786 2,289 2,211 2,164 2,090 2,126 Stocks, unsold, end month mill ft b m 2,225 7528 7 557 566 7520 7537 Unfilled orders, end month. .mill. ft. b. m_. 7547 Production, 10 species M ft. b. m__ 72,331,672 72,204,457 72,258,602 71,954,063 2, 045, 747 2, 487, 728 2, 374, 881 188, 579 Exports, planks, joists, etc M ft. b. m.. 220, 961 185, 368 162, 221 170, 457 204, 979 171, 074 Retail yards, Minneapolis district: 22, 081 18, 242 14, 122 15, 961 Sales . M ft. b. m__ 17, 632 17, 880 15, 937 Stocks, end of month M ft b m 84, 984 85, 970 88, 355 86, 807 81, 035 80, 080 87, 345 Retail yards, Kansas City district: 5,200 6)140 6,497 5,979 Sales Mft.b.m 6,467 5,679 Stocks, end of month M ft b m 45, 540 44, 396 43, 114 44, 874 45, 326 45, 529 Composite lumber prices: 38.42 41.64 39.98 39.91 40.02 Hardwoods .. dolls, per M ft. b. m 40.06 40.05 28.74 29.74 29.00 30.36 Softwoods dolls per M f t b m 28.81 29.27 31.77 Flooring Maple flooring: Production. M ft. b. m__ 7,608 7,784 8,413 Shipments _ M ft. b. m__ 8,686 9,515 8,311 Stocks, end of month M ft. b. m 26, 271 23,232 24, 667 New orders M ft. b. m . 7,867 8,851 7,466 Unfilled orders, end of month.. M ft. b. m__ 10, 500 10, 187 10, 076 Oak flooring: Production M ft. b. m__ 44, 444 51, 529 46,065 Shipments M ft. b. m._ 49,475 47, 832 51, 860 Stocks, end of month Mft.b.m . 71,425 67, 864 68, 851 New orders _ M ft. b. m__ 48, 873 45, 972 49,427 Unfilled orders, end of month. _M ft. b. m_. 49,002 49. 912 47. 026 7 8 Revised. Cumulative through Sept. 30. +2.7 +15.2 +13.1 +6.8 +2.7 -11.4 +16.2 +3.1 -3.4 -2.8 +3.9 +3.6 -3.0 +58.4 +15.7 2o +15^2 +4.3 +78.8 —21 5 28, 935 29, 396 29, 251 29, 848 +1.1 +1.5 29, 497 30, 170 +2.3 +18.8 +6.0 29, 038 24, 809 -14.6 -1.4 -1.8 -7.4 -16.7 26, 051 25, 309 -2.8 8 295, 575 8 257, 652 8 284, 348 8 244, 742 -3.8 -5.0 8 64, 831 8 70, 461 +4.7 +20.3 +2.1 -4.6 +0.4 +3.7 +6.9 +7.7 -5.3 +1.7 -21.4 8 66, 960 +3.3 8 63, 342 -10.1 -13.9 23, 549, 876 22, 336, 463 +19.8 1, 823, 041 1, 931, 582 +14.3 +1.2 115, 787 -5.2 +6.0 132, 284 +14.2 51, 874 51,461 96, 932 97, 239 76, 812 -20.8 81, 110 -16.6 73, 939 77, 841 -0.8 +0.1 -4.4 -22.3 +5.2 -20.4 -3.5 -3.2 446, 888 447, 257 51, 225 7 46, 105 77 45, 292 +11.5 +13.1 462, 111 +1.4 +1.2 45,652 7 44, 471 45, 091 440, 657 +6.2 -6.1 72, 689 7 76, 616 777,438 -10.4 460, 777 7 43, 888 7 42, 563 -11.6 427, 962 38, 132 +56.3 41.151 729.490 7 26. 329 -12.6 " See table on p. 48 of the September, 1928, issue for earlier data. +5.3 -0.1 +4.9 +7.7 34 TREND OF BUSINESS MOVEMENTS—Continued 1938 PER CENT IN! CREASE (+) OR 1937 DECREASE (— ) The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" August July June Septem- October September October i Oct., 1928, from Sept., i 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 Oct., 1928, from Oct., 1927 1938 1937 Per ct. increase (+) or decrease (-) cumulative 1928 from ; 1927 LUMBER PRODUCTS— Continued Doors at Wholesale White pine, wholesale: Receipts .. number Shipments ...number.. Stocks, end of month number.. Unsold stock, end of month number.. Fir: Receipts _. number Shipments number.. Stocks, end of month number. . Unsold stock, end of month . . number Fir, manufacturing plants: Production number.. Shipments _ .number.. Stocks, end of month. ~_ number. _ New orders... number.. Unfilled orders, end mo number. . 16,540 17, 002 59, 535 45, 015 11, 687 13, 698 59, 231 37,900 13, 245 16, 814 60,240 49, 777 17, 290 10, 209 43, 658 30, 215 8,182 9,720 42, 803 30, 755 14, 758 12,549 48, 543 40, 126 393, 224 386, 636 293, 505 221, 896 535, 697 434, 299 431, 800 302. 990 327; 387 470, 617 314, 154 344, 643 267, 118 227, 311 344,094 273,076 305, 555 238, 399 237, 769 300, 106 372, 158 3B2, 004 243, 946 285, 147 215, 872 46 27 17 54 31 22 53 30 31 49 31 30 38 31 37 50 30 29 41 24 30 -22.4 0.0 +23.3 -7.3 +29.2 +23.3 44 10.0 95.0 48 5.0 88.0 56 7,0 92.0 65 9.0 101.0 65 10.0 103.0 58 7.5 99.0 58 11.0 100.0 0.0 + 11.1 +2.0 +12.1 -9.1 +3.0 5,145 4,662 6,396 9,508 10, 988 14, 395 1,372 1,183 2,323 3,012 3,884 5,331 5,812 7,414 4,914 6, 223 5.251 6,020 8,343 9,826 9,863 12, 469 12, 935 17,401 8,218 8,387 8,782 11,094 10, 988 11,030 9,426 9,257 10, 245 13,079 12, 003 12,654 8,156 7,494 8,024 7,715 6,628 -4.1 7,284 7,251 7,358 7,309 7,704 +5.4 3,237 2,713 2,920 2,523 4,239 2,961 3,381 3,177 i +36.3 +18 5 +2 3 -4-19 9 28 1 1 [ Wooden Furniture Grand Rapids district: Unfilled orders, end of month No. of days' production.. New orders No. of days' production.. Shipments No. of days' production. _ Outstanding accounts, end of month No. of days' sales.. Cancellations per cent of new orders.. Plant operation per cent of full time.. Piano benches and stools: New orders (average per firm) dollars. . Unfilled orders, end of month (average per firm) -dollars.. ShipmentsValue (average per firm) dollars.. Quantity (total) pieces.. Plywood and Veneer Douglas fir plywood: Production thous. of sq. ft. of surface. . Shipments thous. of sq. ft. of surface.. New orders (sales), thous. of sq. ft. of surface. ~ Unfilled orders, end of month,. .thous. of sq. ft. of surface.. Stocks, end of month thous. of sq. ft. of surface-Other plywood: New orders thous. of sq. ft. of surface. . Shipments thous. of sq. ft. of surface.. Unfilled orders, end of month thous. of sq. ft. of surface. . Bushel baskets: Production __ -dozens Shipments dozens Stocks, end of month .__ dozens.. Rotary-cut veneer: Receipts number of carloads. . Purchases __ .number of carloads +38.8 +29.7 +23 5 3,415 3,310 2,773 3,516 3,504 3,918 5,131 5,469 3,767 3, 502 188, 021 254, 432 602, 083 229, 342 294, 662 565, 911 243, 056 262, 810 570, 726 177, 982 283, 813 409, 110 156, 521 156,407 420, 671 356, 573 418, 181 386, 918 203, 707 193, 120 397, 505 164 244 181 249 259 325 244 199 337 255 112 105 101 79 844 876 2,495 950 763 815 2,439 1,046 890 841 2,282 989 900 850 2,523 1,101 902 819 2,320 855 798 693 2,466 880 809 724 2,679 801 302, 249 130, 990 219, 522 260, 970 3 13.50 408, 563 208, 202 238, 941 299, 457 11 13.50 491, 088 206, 938 218, 339 221, 625 14 13.50 498, 691 257, 692 167, 078 213, 274 21 12.50 454, 931 91, 226 122, 078 145,427 49 12.50 13, 405 19, 257 95, 246 12, 976 20, 253 81, 699 12,960 22, 970 65,029 9,939 16, 525 54, 583 22, 665 17, 018 50, 558 8 27, 377 8 24, 797 8 27, 205 8 25, 228 -0.6 + 1.7 -23.2 -19.0 +5.8 2,344,440 2, 296, 267 1, 976, 227 2, 046, 030 -15.7 -10.9 +38.1 +233. 7 +28.1 +222. 8 978 979 -12.1 -44.9 +2.8 1,791 +83.1 2,106 +115.1 STONE, CLAY, AND GLASS PRODUCTS Face brick, averages per plant: Production thousands Shipments thousands Stocks, end of month thousands Unfilled orders, end of month ..thousands.. Common brick: Stocks, end of month— Burned.. ..thousands.. Unburned thousands.. Shipments ._ thousands Unfilled orders, end of month.. thousands _. Plants closed down number _ _ Price, red, New York dolls, per thous.. Porcelain plumbing fixtures: Net new orders pieces. _ Shipments pieces.. Unfilled orders, end of month .pieces.. Stocks on hand, finished glost, end of month.. pieces. . Vitreous china plumbing fixtures: New orders ..pieces.. Shipments ._ pieces Unfilled orders, end of month pieces. . Stocks, end of month pieces, _ Terra cotta, new orders: Quantity net tons.. Value thous of dolls Sand-lime brick: Production thousands.. Shipments by rail.. . _ thousands Shipments bv trucks thousands Stocks, end of month thousands Unfilled orders, end of month.. thousands.. 40, 823 48, 621 7 225, 954 7274,611 7 466, 919 7 444, 399 7 185, 043 7 248, 623 7 403, 339 7 460, 360 16, 108 1,558 19, 133 5,120 14, 437 11, 656 11, 718 7 Revised, +0.2 -3.6 -8.0 -22.3 +11.5 +13.1 -13.4 +6.7 489, 566 158, 761 176, 315 219, 244 59 11.75 561, 367 -8.8 169, 238 -64.6 214, 169 -26.9 182, 462 -31.8 71 +133. 3 11.75 0.0 -19.0 -46. 1 -43.0 -20. 3 -31. 0 +6.4 20,046 21, 870 34, 972 14, 065 +128. 0 19, 582 +3.0 29, 455 -7.4 +61. 1 -13.1 +71.6 7,580 6,969 8 1, 641, 344 8 7,365 7,429 -2.8 +6.6 1, 792, 189 +9.2 47, 690 50, 953 50, 956 25, 868 29,044 0.0 +75.4 217, 565 267, 870 353, 034 477, 593 181, 018 215, 544 318, 508 510, 864 223, 704 237, 928 304, 284 531, 882 223, 980 235, 883 325, 069 518, 452 227, 896 245, 725 307, 240 500, 868 +23.6 +10.4 -4.5 +4.1 -1.8 -3.2 -1.0 +6.2 2, 293, 708 2, 563, 672 14, 191 1,385 12, 058 1,123 10, 570 1,005 15, 597 1,460 13, 440 1,342 11,907 1,049 +47.6 +45.3 +31.0 +39.2 126, 103 12, 635 129, 304 12, 240 +2.5 -3.1 18,072 6,055 11, 772 12, 591 11, 762 21, 680 8,284 13, 215 14, 446 14, 503 17, 267 6,767 11,281 15,304 14, 455 21, 590 5,562 15, 802 14,446 13, 435 21, 680 6,729 11,815 18,689 16,094 18, 928 5,134 13, 623 14, 423 15,318 +25.0 -17.8 +40.1 -5.6 -7.1 +14.1 +8.3 +16.0 +0.2 -12.3 170, 631 63, 467 110, 234 170, 771 57, 325 116. 537 +0.1 -9.7 +5.7 7 7 7 7 8 Cumulative through September 30. 2, 629, 143 +14.6 2, 646, 983 +3.2 35 TREND OF BUSINESS MOVEMENTS—Continued 1928 The curnulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1937 Oct., June August July September October Septem- October ber 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 Per ct. increase CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1927 ( ort> decrease (-) cumu lative 1928 from 1927 1938 STONE, CLAY, AND GLASS PRODUCTS— Continued Portland Cement 1 Production __ . thous. ofbbls Operation per ct. of capacity Shipments thous. of bbls Stocks, end of month .thous. ofbbls.. Stocks, clinkers, end of month. .thous. of bbls_. Wholesale prices, composite dolls, per bbL. 17, 469 90.1 18, 421 25, 029 12, 944 1.683 17, 445 87.0 19, 901 22, 580 11, 707 1.683 18, 730 93.1 21, 970 7 19, 374 9,357 1.683 17, 856 91.7 7 20, 460 7 16, 799 7 7, 566 1.650 17, 533 87.1 19, 836 14, 495 5,975 1.650 17, 505 92.3 19, 828 13, 996 15, 446 8,997 13, 123 6,984 16, 889 9,254 14, 752 9,630 7,068 3,856 18, 802 661 9,494 8,828 483 9,497 12, 145 599 9,547 26, 105 1,169 9,427 10, 723 9,346 11, 474 10, 248 2,589 86.7 2,225 2,552 9,642 6,220 2,374 77.2 2,008 2,311 9,166 6,267 2,686 80.9 1,909 2,654 8,467 6,297 2,322 78.7 2,122 2,433 8,084 6,173 3,365 44.2 41.6 42.6 1,748 22.3 40.2 26.8 2,985 36.5 44.5 42.5 3,190 43.0 44.2 43.0 4,193 52.0 53.5 53.9 3,609 40.7 43.4 45.7 3,814 50.6 44.0 45.2 +31.4 +20.9 +21.0 +25.3 +9.9 +2.8 +21.6 +19.2 1.3 4.4 1.6 4.6 1.8 4.3 1.7 4.3 1.7 4.1 1.5 3.6 1.4 3.8 0.0 -4.7 +21.4 +7.9 442 78 454 '75 474 75 -24.1 0.0 -6.8 +4.0 145, 460 148, 569 +2.1 153, 103 156, 120 +2.0 -27.9 -30.2 111, 242 64, 123 131, 533 +18.2 83, 153 +29.7 -48.6 -48.8 -1.0 -54.1 -48.0 -1.4 141, 751 6,423 98, 522 132, 944 5,707 89, 695 -6.2 -11.1 -9.0 +2.5 +20.7 95, 371 102, 068 +7.0 17, 174 87.4 18, 105 13, 141 5,960 1.683 -1.8 -5.0 -3.0 -13.7 -21.0 0.0 +2.1 -0.3 +9.6 +10.3 +0.3 -2.0 11, 581 6,872 9,800 5,527 -52.1 -60.0 13,413 598 9,337 23, 354 927 9,921 29,206 1,151 9,466 10, 505 9,353 8,703 1,999 69.6 1,969 66.3 2,314 2,054 8,681 5,878 6,490 1.683 Highways Concrete pavements, new contracts: Total thous. of sq. yds.. Roads thous. of sq. yds.. Federal-aid highways: Completed— Cost thous. of dolls. "Di start C« m lifts Under construction, end of month. ..miles.. Plate Glass Production, polished thous. of sq. ft.. Glass Containers Actual production: Quantity thous. of gross Relation to capacity per cent.. New orders thous. of gross Shipmenti _ thous. of gross.. Unfilled orders, end of month.. thous. of gross.. Stocks, end of month _. thous. of gross.. 2,340 2,325 8,606 5,925 8 19, 078 8 21, 942 +15. 0 88 19, 706 19, 789 8 21, 047 +6.8 8 21, 887 +10.6 Illuminating Glassware Production: Total number of turns Ratio to capacity per ct. of capacity.. New orders... per ct. of capacity.. Shipments per ct. of capacity.. Unfilled orders, end of month ...number of weeks' supply. . Stocks, end of month .number of weeks' supply.. 29, 109 30, 850 +6.0 6,554 6,046 -7.8 CHEMICALS AND OILS Chemicals Sulphuric acid: 291 Exports thous. of Ibs 774 582 733 Price, wholesale dolls, per 100 lbs._ 78 78 78 78 Nitrate of soda: Imports long tons. 76, 135 28,150 75, 318 36, 644 Production in Chile252, 300 264, 300 Quantity metric tons 275, 000 259, 400 Potash salts: Imports (commercial) long tons 14, 525 38, 461 57, 327 43, 313 Production in France — (K2O content)... metric tons.. 34,000 34, 300 30, 260 Sales in Germany — (K2t> content) metric tons.. 99, 948 102, 608 108, 696 140, 818 Superphosphate (acid phosphate) : Production. ... short tons 299, 444 294, 381 293, 250 276, 811 Stocks, end of month short tons.. 1, 041, 542 1,258,339 1, 416, 348 1, 366, 402 59, 899 Shipments short tons 64, 401 82, 876 154, 443 Fertilizer: Exports long tons 111,581 98, 803 103, 575 99, 149 Consumption, Southern States. short tons.. 47, 236 19, 251 62, 903 138, 470 Dyes and dyestuffs, exports: Vegetable... thous. of Ibs.. 272 254 237 157 Coal tar ..thous. of lbs._ 1,726 1,335 8,340 1,330 Arsenic Crude: Production short tons 1,703 Stocks, end of month short tons.. 2,099 Refined: Production short tons732 Stocks, end of month _ .short tons.. 1,916 Price index numbers: Crude drugs .rel. to Aug., 1914.. 199 Essential oils rel. to Aug., 1914. _ 166 Drugs and Pharmaceuticals rel. to Aug., 1914.. 169 Chemicals.. rel. to 1913-14 113 Oil and fats rel. to 1913-14. _ 123 ' Revised. 48, 385 64, 753 55, 154 +32.0 602, 388 901, 943 +49.7 282, 300 143, 700 189, 200 +8.8 +49.2 1, 167, 493 2, 584, 000 +121. 3 28,242 28, 822 27, 884 -34.8 +1.3 235, 731 310, 652 +31.8 31, 800 33, 000 118, 629 63, 730 81,006,943 8 1, 155, 100 +14.7 7264,634 340, 411 7 1, 365, 635 1, 580, 756 7 201, 913 109, 447 8 2, 190, 868 8 2, 869, 225 +31.0 86, 289 151, 128 113, 322 175, 070 231 5,194 96, 672 7 127, 422 -12.3 81,337,095 8 1, 638, 055 +22.5 -13.0 +9.1 -10.7 +18.6 1, 097, 252 4, 335, 049 1, 050, 207 -4.3 5, 383, 023 +24.2 229 4,469 359 +47.1 -35.7 1,838 +290.5 +182.6 2,972 22, 621 2,612 -12.1 27, 909 +23.4 1,385 2,105 2,086 2,999 1,079 2,978 1,472 1,422 1,004 1,260 8 10, 531 8 12, 410 +17.8 728 1,568 803 1,618 799 1,971 873 1,787 937 2,321 8 7, 774 86,607 -15.0 197 162 193 161 192 159 202 203 207 123 168 113 123 164 113 121 164 113 121 156 113 134 160 112 134 113 124 8 0.0 +2.5 Cumulative through Sept. 30. +0.9 -7.5 36 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PER CENT INCREASE (-f ) OR DECREASE (— ) 1937 Septem- October ber September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 ! Per ct. ini crease (+) or decrease (-) cumulative 1928 from 1927 CHEMICALS AND OILS-Continued Wood Chemicals Acetate of lime: Production— United States thous. of lbs._ Canada - -thous. of lbs_. ShipmentsUnited States thous. of lbs__ Canada ...thous. of lbs_. Stocks, end of monthUnited States thous. of IDS Canada thous. of Ibs Exports thous. of Ibs. _ Price wholesale dolls, per cwt_ Methanoi, crude: ProductionUnited States ...gallons.. Canada gallons.. Stocks at crude plants, end of monthUnited States gallons.. Canada gallons Stocks at refineries and in transitUnited States gallons Canada gallons . Exports - -gallons.. Wood at chemical plants: ConsumptionUnited States - .cords Canada cords _ 9,342 720 9,340 443 7 9, 150 None. 78,235 446 9,957 999 12, 856 427 13, 849 +20.6 1,091 +124. 0 -28.1 -8.4 130, 374 7,409 105, 963 -18.7 7,608 +2.7 10, 175 887 13, 302 882 7 12, 504 2,098 7 12, 920 348 9,782 990 13, 369 830 17, 141 -24.3 1,462 +184. 5 -42.9 -32.3 130,287 6,696 118, 877 -8.8 9,351 +39.7 15, 128 2,848 215 3.50 11,411 2,333 1,792 3.50 78,054 140 1,141 3.88 7 3, 326 183 449 4.00 3,121 349 36 4.00 19, 452 1,823 None. 3.50 16, 185 1,283 915 3.50 -6.2 +90.7 -80.7 -72.8 9,380 0.0 +14.3 11, 129 +18.6 510, 627 27, 741 518, 220 14, 885 7 501, 893 7 452, 750 18, 816 None. 591, 369 45, 768 622, 594 17, 777 692, 299 +30.6 48, 179 +143. 2 -14.6 -5.0 289, 433 34, 950 285, 139 38, 485 7 224, 267 7 196, 665 13, 665 37, 933 291, 672 34, 399 314, 231 31, 824 369, 965 +48.3 39, 414 +151. 7 -21.2 -12.7 558, 483 73, 955 66, 785 277, 077 66, 518 54, 535 160, 156 64,817 7 14, 000 164, 972 67, 314 32, 540 56, 829 3,498 53, 247 1,938 7 51, 095 ^one. 45, 334 2,160 60, 022 5,366 79, 350 2,401 cords cords ...cords.. .cords 501, 021 73, 900 502, 576 73, 699 7504,011 73, 700 508, 821 73, 759 547, 087 73, 119 617, 360 66, 624 599, 314 74, 942 +7.5 -0.9 3,266 697 3 ; 250 807 3, 262 1,053 3,266 1,113 3,266 698' 3,395 391 3,339 145 0.0 -37.3 -2.2 gallons.. - - gallons 603, 247 6,200 541, 113 10, 800 436, 811 14, 700 355, 353 7 38, 600 487, 384! 56, 700 441, 771 28, 293 688, 535 6,700 +37.2 +46.9 -29.2 gallons gallons 541, 083 45, 733 444, 496 39, 210 396, 730 26, 715 300, 478 33, 101 325, 914 23, 339 382, 876 58, 312 396, 137 26,443 +8.5 -29. 5 -17.7 -11.8 - gallons gallons.. dolls per gal 596, 502 11,462 .46 667, 549 12, 672 .47 497, 971 22, 076 .48 415, 340 7 25, 396 .48 493, 712 48, 330! .51 506, 914 23, 982 .55 7698,476 38, 569 .53 +18.9 +90.3 +6.3 -29.3 +25.3 -3.8 Production thous of proof gals Withdrawn for denaturization thous. of proof gals _ Warehouse stocks, end of month thous. of prool gals 13, 036 16, 618 18, 764 18, 613 14, 129 16, 584 8 119, 493 8 125, 178 I +4.8 16, 336 14, 927 16, 128 15, 269 14, 130 17, 759 8 108, 239 8 110, 307 | +1.9 6,646 7,351 9,263 11, 295 9,838 7,931 32, 625 32, 816 31, 305 16, 732 30, 084 29, 561 27, 993 17, 158 35, 092 23, 039 32, 268 18, 554 35, 310 37, 465 33, 611 16, 274 38, 636 38, 854 36, 347 16, Oil 36, 858 36, 964 35, 304 17, 152 38, 918 38, 261 36, 747 17, 847 +9.4 +3.7 +8.1 -1.6 -0.7 +1.5 -1.1 -10.3 344, 703 343, 561 331, 031 328, 253 320, 509 313, 129 ! -4.8 -6.7 -5.4 48, 111 61, 336 .57 46, 637 69, 245 .55 42, 724 73, 304 .52 34, 312 73, 595 .52 33,924 79, 509 .53 45, 775 73, 019 .55 39, 115 80, 473 .53 -1.1 +8.0 +1.9 -13.3 -1.2 0.0 342, 565 284, 193 -17.0 148, 041 165, 604 8.10 148, 250 178, 225 9.71 145, 357 227, 517 9.59 116, 029 230, 672 9.18 115, 235 216,917 9.31 151, 045 229, 426 10.08 132, 059 222, 167 9.24 -0.7 -6.0 +1.4 -12.7 24 +0.8 1, 146, 125 956, 387 -16.6 36, 054 108, 200 37, 016 112, 703 37, 623 114, 074 35, 473 112, 964 36,942 111, 728 34, 839 76, 327 35, 963 82, 717 +4.1 -1.1 +2.7 +35.1 351, 188 351, 115 0.0 5,700 8,510 6,304 7,786 6,274 6,898 6,257 6,027 6,486 5,704 6,562 10, 232 6,901 12, 163 +3.7 -5.4 -6.0 -53.1 67, 667 61, 486 -9.1 191, 947 829, 507 238, 767 824, 671 225, 668 822, 813 211, 828 845, 762 219, 525 845, 645 244,445 555, 818 237, 625 588, 778 +3.6 0.0 -7.6 +43.6 2, 354, 520 2, 272, 864 -3.5 25, 810 2,798 25, 574 3, 56 24, 343 3,427 23, 930 3,367 27,902 2,907 27, 512 3,748 -1.7 -1.8 -13.0 -10.2 251,798 249, 521 -0.9 2,398 2,447 3,774 3,287 3,218 8 24, 109 8 24, 034 -o.a United States Canada Daily capacityTotal Shutdown Methanoi, refined: ProductionUnited States C anada Stocks, end of monthUnited States Canada Shipments— United States Canada Price wholesale N Y 161, 723 ] 1, 467, 460 1, 181, 225 1,590 27, 995 57, 814 20, 526 57, 983 1 20, 408 -2.0 -86.3 -14.1 +106. 5 -37. 3 -64.8 73, 159 +32.4 5,121 +148. 4 -18.0 +4.8 6, 626, 524 317, 638 5, 891, 582 -11.1 311, 753 -1.9 221, 067 463, 762 +109. 8 722, 029 595, 186 -17.6 -8.7 -2.4 4, 413, 633 220, 538 4, 778, 329 +8.3 335, 350 +52.1 4, 591, 044 247, 737 4, 935, 077 239, 586 +7.5 -3.3 Ethyl Alcohol Explosives (Black powder, permissible, and other high explosives) Production thous. of Ibs _ Shipments - - -thous. of Ibs. _ New orders thous. of Ibs _ Naval Stores Turpentine (gum): Net receipts , southern ports barrels . _ Stocks at Dorts end of month barrels Pripp southern New York dolls per gal Rosin (gum) : Net receipts, southern ports barrels.. Stocks at 3 ports, end of month — barrels.. Priop B New York dolls per bbl Rosin (wood) : Production barrels.. Stocks end of month barrels Turpentine (wood): Production barrels.. Pine oil: Production gallons. _ Roofing Roofing, felt: 28,476 Production dry felt tons 2,153 Stocks, end of month, dry felt tons.. Prepared roofing: 3,236 Shipments ..thous. of roof squares __ 7 Revised. 8 Cumulative through Sept. 30. 37 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PER CENT INCREASE (+) OR DECREASE (— ) 1927 1938 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 Perct. increase or de^ crease (-) cumu lative 1928 from 1927 CHEMICALS AND OILS-Continued Fats and Oils Total vegetable oils and copra: Exports.. _ _ _ Imports Copra, imports Copra or coconut oil: Imports ___ _ Consump. in oleomargarine Oleomargarine: Production Consumption Animal glues, shipments thous. of Ibs thous. of Ibs short tons 1,652 59, 951 20, 488 1,145 53, 379 24,407 1,444 56, 364 19, 716 3,222 80, 914 20, 754 82, 176 22, 897 3,681 2,086 55, 985 21, 694 5, 307 55, 387 15, 660 +14.2 -30.6 +1.6 +48.4 +10.3 +46.2 55, 748 575, 766 172, 515 45, 508 -18.4 620, 845 +7.8 188, 229 +9.1 thous. of Ibs thous. of Ibs 12, 671 11, 791 19, 629 10, 642 12, 581 11,910 34,008 14,452 31, 534 25, 936 10, 436 22, 702 12, 286 -7.3 +38.9 233,935 8 84, 367 224, 522 -4.0 8 113, 273 +34.3 thous. of Ibs thous of Ibs thous. of Ibs 23, 738 23,926 5,887 21,444 20,490 6,621 23, 610 24, 965 6,780 28,446 29,002 6,256 30, 137 7,528 23,495 23, 981 6,075 26,041 26, 823 7,113 +3.9 +12.4 +20.3 +5.8 8197,299 221, 604 62, 979 8226,390 +14.7 256, 194 +15.6 66, 158 +5.0 16, 798 39, 041 30, 194 23, 923 32, 336 21, 781 169, 498 73, 795 117, 484 13, 445 33, 509 11, 285 19, 457 22, 779 415, 428 .102 2,106 18, 457 45, 387 143 Cottonseed Cottonseed: Receipts at mills short tons Consumption (crush) short tons Stocks at mills end of month short tons Cottonseed oil, crude: Production thous. of Ibs Stocks, end of month thous. of lbs_. Cottonseed oil, refined: Production thous of Ibs Stocks, end of month thous. of lbs__ Price, yellow, prime, N. Y___dolls. per lb__ Consumption in oleomarg thous of Ibs Cottonseed cake and meal: Production .short tons Stocks end of month short tons Exports _ short tons 869, 738 1, 519, 076 1,031,414 7 1, 266, 288 +74.7 +20.0 420, 883 903, 031 585, 275 7 863, 455 +114. 6 +4,6 566, 530 1, 182, 175 651, 572 71,054,405 +108. 7 +12.1 4, 256, 842 3, 232, 377 -24.1 4, 501, 307 3, 044, 340 -32.4 20, 863 15, 346 126, 584 67, 951 280, 383 123, 167 178, 960 7 268, 966 +121. 5 87, 463 7 143, 789 +81.3 +4.2 -14.3 1, 364, 176 968, 009 -29.0 26, 404 335, 406 .101 1,867 19, 677 236, 200 .094 2,062 61, 889 159, 629 .099 2,437 204, 255 220, 449 .099 99, 806 226, 211 .107 2,113 +4.9 —29.0 -9.2 1, 210, 658 887, 555 -26.7 13, 769 32, 601 71 34, 760 19, 794 944 185, 723 61, 350 22, 013 405, 150 124, 196 60, 015 260, 110 7 384, 603 +118. 1 +5.3 108, 572 7 108, 610 +102. 4 +14.4 53, 834 +172. 6 +11.5 26, 306 7 194, 676 +230. 0 310, 567 +38.1 .109 0.0 2,228 U7,979 8 19, 112 +6.3 2, 028, 791 1, 384, 031 -31.8 333, 433 189, 856 -43.1 -20.1 +16.9 -50.7 -31.2 18, 117 6,450 15, 720 -13.2 7,601 +17.8 19, 300 14, 669 -24.0 +6.9 +16.9 +3.1 +2.0 109, 276 146, 862 +34.4 -4.5 +6.7 145, 819 550, 778 217, 228 +49.0 470, 849 -14.5 Flaxseed Production, crop estimate thous. of bushs__ Minneapolis and Duluth: Receipts.. thous. of bushs Shipments thous. of bushs Stocks end of month thous of bushs Imports thous. of bushs Linseed oil: Shipments from Minneapolis.thous. of Ibs.. Linseed cake and meal: Shipments from Minneapolis.thous. of Ibs. _ Exports thous. of Ibs 4 681 392 764 1,664 320 272 411 1,484 20, 026 5 26, 570 1,163 426 310 1,068 3,674 1,260 615 1,254 6,578 2,347 2,585 1,209 5,512 1,102 1,583 1,716 8,230 2,008 5,246 1,758 15, 437 .101 12, 970 .104 13, 202 .099 30, 071 51, 894 19, 420 52, 984 31, 492 48, 625 17, 196 .103 12, 229 .100 13, 571 .098 14, 443 .098 11,421 45, 135 10, 057 47, 258 16, 051 52, 392 26, 257 38, 772 +79.0 +86.3 +320. 3 3.6 +14.5 +33.8 FOODSTUFFS Wheat Production, monthly estimate: Winter thous. Spring thous Total thous Visible supply, end of month: United States thous 4 4 4 of bushs of bushs of bushs of bushs Receipts, principal markets thous. of bushs.. Shipments, principal markets_thous. of bushs.. Exports: United StatesWheat only thous. of bushs Including wheat flour.thous. of bushs.. CanadaWheat only ... thous. of bushs Prices: No. 2, red winter, Chicago. dolls, per bush.. No. 1, northern spring, 578, 599 325, 266 903, 865 5 553, 288 « 319, 307 s 872, 595 40, 480 99, 228 15, 544 14, 840 55, 362 72, 891 72, 618 33, 543 92, 108 32, 728 84, 221 46, 105 114,523 78, 069 73, 322 39, 508 138, 239 158, 204 84, 423 30, 365 84, 630 22, 958 79, 740 50, 374 94, 607 +20.7 +46.1 62, 492 +102. 6 +153. 2 73, 244 +15.1 +15.3 49, 252 -23.1 -38.3 409, 911 259, 899 446, 292 248, 480 5,006 8,093 4,153 7,064 10, 394 14, 588 17, 939 22, 528 22, 058 28, 272 33, 775 39, 536 29, 236 36, 045 +23.0 -24.6 +25.5 -26.6 140, 659 187, 303 78, 068 -44.5 122, 215 -34.8 21, 960 25, 182 32, 426 25, 057 29, 224 26, 923 30, 928 43, 687 14, 071 17, 118 19, 430 23, 475 +62.3 +124.8 157, 449 189, 651 240, 924 +53.0 413, 364 8 53, 879 430, 088 +4.0 8 63, 617 +18.1 1.65 1.52 1.33 1.40 1.44 1.32 1.34 +2.9 +7.5 1.376 1.300 1.210 1.201 1.185 1.323 1.275 -1.3 -7.1 35, 633 6,304 39, 077 6,769 47, 528 7,330 7 47, 975 8,554 52, 788 48, 131 6,925 49, 792 9,138 +10.0 +6.0 8,416 9,409 1,458 688, 711 51 7,762 11, 565 10, 470 11, 816 1,528 833, 108 64 9,346 10, 817 12, 540 2,005 866,428 63 11, 617 +10.1 +6.9 of bbls 7,665 8,854 1,359 636, 308 44 8,269 +10.8 0.0 +4.9 +4.8 of bbl*« 6, 200 7,847 7,900 +8.9 -4.4 Wheat Flour Grind of wheat: United States Canada Production: United States, actual United States, prorated Canada Production, grain offal thous. of bushs thous of bushs thous. of bbls.. thous. of bbls._ thous of bbls thous. of Ibs Consumption (computed) thous Stocks, all positions, end of month (coTTipntfd) thons Exports: United 'States thous. Canada thous. 4 As of Nov. 1, 1928. of bbls of bbls.. 10, 341 7 10, 504 11, 197 11, 563 1,892 1,590 817, 831 7 820, 229 5c 66 9,077 10, 431 | :::::::::: 908, 996 66 7,400 8,500 8,490 932 647 686 925 782 716 s Final estimate for 1927. 1,020 890 1,381 1,281 1,171 677 7 Revised. 1, 513 899 i 93, 158 +3.3 90, 209 8 91, 991 +3.3 8 89, 058 8 13, 814 +17.0 8 11, 810 7, 137, 118 7, 528, 478 +5.5 878,417 8 81, 164 +3.5 9,811 -5.3 10, 362 +35. 4 -8.7 8, 655 +20.9 7,156 +31.6 +30.3 Cumulative through Sept. 30. 38 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July PEE CENT INCREASE (+) OR DECREASE (— ) 1937 August September October Septem- October ber Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1927 1938 Per ct. increase ( } or tdecrease (-) cumulative 1928 from 1927 FOODSTUFFS— Continued Wheat Flour— Continued Wholesale prices: Standard patents, Minneapolis Winter straights, Kansas City ..dolls, per bbl 7.95 dolls, per bbl 7.18 6.62 6.59 6. 41 7.07 7.23 -2.7 -11.3 6.44 5.66 5.65 5.59 6.64 6.54 -1.1 -14.5 1,045 17, 451 18, 771 20, 221 6,427 891| 12, 479! 23, 742 16, 080 5, 8431 1,018 9, 985 21, 467 15, 778 5, 193 668 7,114 19, 658 11,949 6,541 * 2,895, 449 870 7,725 13, 323 9. 044 7,725 571 25, 110 22, 116 12, 257 7, 561 6 2,773, 708 538 21, 847 18, 448 9,665 8,612 +30.2 +8.6 -32.2 -24.3 +18.1 +61.7 -64.6 -27.8 -6.4 -10.3 1.03 1. 08 . 97 .99 0.94 .99 .88 -5.1 +6.8 7,144 3,392 78 6, 610J 1, 954 104 27, 271 15, 687 2, 403 14, 375 18,004 2,308 1,452,966 13, 872 17, 882 1,653 17, 223 26, 430 647 « 1,184, 146 13, 914 25, 182 569 .43 1,100 .45 .49 1,107 .50 1,027 13.. 357 11, 650 7.36 Corn Production, crop estimate thous. of bush__ Exports, including meal .thous. of bush Visible supply, end month thous. of bush.. Receipts, principal markets thous. of bush__ Shipments, principal markets. -thous. of bush.. Grindings (starch, glucose) thous. of bush_. Prices, contract grades, No. 2, Chicago dolls, per bush__ 12, 910 18, 488 +43.2 193, 353 110, 773 71, 183 261, 414 +35-. 2 182, 033 +64.3 72, 837 +2.3 126, 093 132, 251 +4.9 9,504 8,810 -7.3 Oats Production, crop estimate thous. of bushs.. Receipts, principal markets thous. of bushs __ Visible supply, end of month.. thous. of bushs.. Exports, including meal thous. of bushs Prices, contract grades, Chicago ..dolls, per bush.. Grindings, Canada thous. of bushs_. Production, oatmeal and rolled oats, Canada thous. of Ibs 4 .71 753 . 6l! 723 | . 39 988 9,974 9, 320 5, 968 16, 499 2,652 711 1,910 2, 217 685 2, 242| 23, 6ll 6, 313 8, 758 21, 710 8,084 14, 830 * 350, 593 16, 797 8, 962 11,639 15, 547 4,900 6,830 5 264, 392 10, 908 4,398 7,240 .96 .83 .73 .67 .62 .83 .82 781 1,465 1,297 1.26 57l 1,146 195 1. 13| 2, 636 1,440 709 .98 6,001 1, 927 2,471 1.00 * 43, 274 6,770 4,437 3,098 1.05 10, 512 2,207 7, 743 .97 12, 423 10, 496 27, 476 42, 805 45, 533 55, 327 -_3.5 -.3 -29.0 -28.4 +190. 5 +4.7 -10.0 8 6, 906 s 8, 113 +17.5 s 81, 417 8 96, 292 +18.3 Barley Production, crop estimate thous. of bushs.. Receipts, principal markets... thous. of bushs _ _ Visible supply, end mo thous. of bushs _ Exports thous. of bushs Price, fair to good, malting, Chicago .dolls, per bush _ -22. 6 +54. 6 +10.9 +103.8 -21. 5 +60. 8 -7.5 53, 654 88, 645 +65.2 30, 154 45, 461 +50.8 34, 746 24, 327 31, 975 12, 771 -60.1 -24.4 Bye Production, crop estimate Receipts, principal markets Visible supply, end mo Exports, including flour Price, No. 2, Chicago.. _ thous. of bushs _ thous. of bushs.. thous. of bushs _ thous. of bushs dolls, per bush.. 7 ' 58,811 7,496 +12. 8 -9. 7 1,595 +130.3 +178.2 6,425 +25. 4 -51. 8 1.00 +5. 0 +5. 0 -30.0 Total Grains Total grain exports, incl. flour. thous. of bushs_. 271, 849 203, 707 50, 817 +6.4 -10.4 5 44 339 1, 167, 281 1, 719, 740 +76.4 +22.9 7, 111, 524 7, 368, 665 +3.6 346,076 777,583 1, 245, 714 849,908 1, 200, 174 96, 643 147, 464 202, 697 195, 155 239, 453 695,660 1,108,564 2, 142, 144 1. 581, 097 2, 247, 038 126, 668 152, 906 132, 903 228, 255 203, 350 6, 026 15, 412 8,864 27, 217 21, 888 +60.2 +37.5 +93.2 +49. 3 -42.5 +3.8 -15.3 -4.7 +12.2 -59.5 7, 464, 806 1, 636, 045 7,916,218 1, 559, 583 +6.0 -4.7 2, 672, 778 444, 540 2, 842, 509 289, 547 +6.4 -34.9 -25.1 Bice Production, crop estimate., thous. of bushs Southern paddy, receipts at mills bbls.. 129, 752 Shipments: Total from mills pockets (100 Ibs.) 531, 073 New Orleans pockets (100 Ibs.) 115, 399 Stocks, end of month pockets (lOOlbs.).. 1, 067, 092 Exports.. pockets (100 Ibs.) 291, 287 Imports . pockets (100 Ibs.) 14, 815 Other Crops Apples: Production, crop estimate. thous. of bush.. Cold-storage holdings, end of month thous. of bbls Car-lot shipment carloads Potatoes: Production, crop estimate thous. of bushs Car-lot shipments.. carloads _ Onions, car-lot shipments . carloads. _ Citrus fruits, car-lot shipments carloads Hay, all tame: Production, crop estimate thous. of tons Receipts. tons « 40, 422 338,269 1,197,924 2, 113, 697 16, 892 285, 155 35, 274 829, 608 189, 472 31, 688 * 183, 309 None. 1,040 84 4, 170 None. 3,369 '< 1, 631 18, 085 « 123, 455 1,038 11,039 8,640 44.. 034 4 5,992 31,612 ! +44 2 +143. 5 +39. 3 76, 017 88, 610 +16.6 5 406, 964 23, 674 37, 410 5,754 4,473 3,853 5,618 +42. 2! -22. 7 -31. 5! -28. 5 +61.4 +4.4 212, 627 27, 210 86, 383 220, 161 +3.5 29,990 +10.2 69, 191 -19.9 545, 067 29, 152 1,200 5,134 20, 972 1,652 5,070 15, 538 2,561 4,254 20, 267 6,009 3,636 465 651 28, 921 4,115 5,868 43, 622 43, 770 59, 774 64, 511 « 92, 688 60, 558 64, 440 5 106, 468 69, 233 -6.1 -12.5 589, 041 1,558 594 184 963 1,650 608 196 1,013 1,829 814 336 1,007 2,191 1,067 563 1,069 2,540 1,327 799 1,193 1,988 906 407 1,085 2,635 1,259 675 1,291 +15.9 +24.4 +41.9 +11.6 -3.6 +5.4 +18.4 -7.6 18, 727 7,288 2,678 11, 239 18,003 -3.9 7,466 ! +2.4 3,216 +20.1 10, 359 -7.8 418, 882 436, 958 647 430, 688 422, 049 1,298 475, 455 -9.4 +2.8 477, 129 -3.4 -11.5 1,165 +100.6 ! +11.4 4, 414, 203 4, 517, 314 17, 176 3, 950, 451 -10.5 4, 059, 072 -10.1 11, 635 -32.3 -7.5 Cattle and Beef Cattle movements, primary markets: Receipts . . thousands Shipments, total thousands Shipments, stocker and feeder__thousands__ Local slaughter . . thousands Beef products: Production, inspected.. _ thous. of Ibs.. Apparent consumption thous. of lbs._ Exports thous. of lbs_. Cold-storage holdings, end of month thous. of Ibs _ Prices: Cattle, corn-fed, Chicago.dolls. per 100 Ibs.. Steer rounds No. 2... dolls, per lb__ Western dressed steers, N. Y.dolls. per lb_. 4 As of Nov. 1, 1928. 7 406, 060 418, 874 1,392 7 375, 745 386, 214 1,510 7 398, 056 407, 512 1,519 32, 238 32, 442 | 31, 065 13.56 .212 .225 14.99 .229 .249 15.11 .244 .260 B Final estimate for 1927. 7 7 7 453, 993 458, 073 1,609 7 37, 223 57, 835 35, 878 43, 916 +55.4 +31.7 16.19 .259 .284 14.63 .255 .282 13.31 .191 .213 14.33 .190 .225 -9.6 -1.5 -0.7 +2. 1 +34.2 +25.3 " Revised. B Cumulative through Sept. 30. 39 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August i PER CENT INCREASE (+) OR DECREASE ( — ) 1927 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct.. 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 13 1927 1928 Perct. increase ( -y or decrease (-) cumulative 1928 from 1927 FOODSTUFFS— Continued Hogs and Pork Hog movements, primary markets: Receipts thousands 2,924 3,548 Shipments, total thousands 1,193 1,299 Shipments, stocker and feeder—thousands. _ 45 56 Local slaughter . thousands 1,719 2,269 Pork products, total: Production, inspected thous. of lbs__ 704, 468 537, 820 Apparent consumption thous. of lbs_. 598, 167 560, 122 Exports thous. of Ibs. . 82, 936 84,290 Cold-storage holdings, end of monthTotal thous of Ibs 1, 129, 839 1, 024, 124 Fresh and cured thous. of Ibs 915, 360 819, 185 Lard (included in pork products) : Production thous of Ibs 146, 520 108, 522 Exports... thous. of Ibs 52, 940 53,436 Cold-storage holdings, end of month . thous. of Ibs 214, 479 204, 939 Prices: Hogs, heavy, Chicago dolls, per 100 Ibs 10.12 10.86 Hams, smoked, Chicago dolls, per lb__ .215 .236 Lard, prime contract, N. Y__ dolls, per lb._ .122 .125 72,600 1, 093 55 7 1,500 3,664 1,341 65 2,309 2,565 1,051 48 1,512 3,039 1,137 78 1,883 +40.9 +22.7 +18.2 +53.9 +20.6 +17.9 -16.7 +22.6 33, 535 12, 276 714 21, 218 434, 296 466, 696 550, 185 7 588, 472 81, 924 65, 617 623, 716 678, 536 75, 384 458, 919 576, 349 89, 829 497, 128 615, 065 72, 251 +43.6 +15. 3 +14.9 +25.5 +10.3 +4.3 6, 340, 130 5, 507, 726 828, 630 859, 903 7 641, 977 682, 015 7 515, 087 513, 320 430, 888 726, 941 608, 767 539, 240 467, 119 -20.0 -16.3 -4.8 -7.8 80, 135 46, 158 59, 865 89, 704 59, 736 92, 860 50, 355 +29.7 +18.9 177, 888 7 126, 890 82, 432 118, 174 72, 121 -35.0 +14.3 11.71 .249 .128 12.43 .254 .132 10.03 .260 .124 10.85 .224 .133 11.06 .233 .130 -19.3 +2.4 -6.1 -9.3 + 11.6 -4.6 2,523 1,160 43 1,363 92, 401 50, 658 37, 677 +12.4 14, 186 +15.6 625 -12.5 23, 449 +10.5 6, 868, 140 6, 055, 715 886, 522 +8.3 +9.9 +7.0 8 1, 198, 205 8 1, 258, 030 605, 612 568, 812 +5.0 +6.5 Sheep and Lambs Sheep movement, primary market: Receipts thousands Shipments, total thousands. Shipments, stocker and feeder—thousands.. Local slaughter . thousands Lamb and mutton: Production, inspected thous. of lbs_. Apparent consumption thous. of Ibs.. Cold-storage holdings, end of month . . thous. of Ibs Prices: Sheep, ewes, Chicago dolls, per 100 Ibs Sheep, lambs, Chicago.. _dolls. per 1001bs_- 1,913 904 278 1,020 1,898 828 234 1,068 2, 362 1,250 564 1,097 3,386 2,161 1,080 1,213 3,938 2,485 1,466 1,403 2,848 1,734 947 1,101 3,587 2,413 1,560 1,148 +16.3 +15.0 +35.7 +15.7 +9.8 +3.0 -6.0 +22.2 20, 434 10, 771 4,230 9,613 21, 934 11, 539 4,273 10, 319 +7.3 +7.1 +1.0 +7.3 40, 693 39, 923 39, 394 39, 448 44, 525 44, 443 49, 237 7 49, 042 54, 107 51, 790 45, 378 45, 098 46, 188 45, 855 +9.9 +5.6 +17.1 +12.9 414, 692 417, 407 435, 927 437, 355 +5.1 +4.8 1,947 1,822 1,691 2,116 4, 428 1,991 2,958 +109. 3 +49.7 5.88 13. 03 5.38 15.18 5.72 14.31 5.50 14.16 5.35 13.08 5.19 13.56 5.25 13.87 -2.7 -7.6 +1.9 -5.7 63, 941 63, 610 56, 888 7 49, 798 52, 081 58,163 49, 235 +4.6 +5.8 Production, inspected— . thous. of Ibs 1, 151, 221 952, 959 909, 277 902, 414 1, 108, 511 958, 290 1, 018, 772 Cold-storage holdings, end mo.. -thous. of lbs._ 1, 227, 965 1, 121, 998 949, 547 7 7 731, 111 627, 664 822, 973 635, 349 Apparent consumption . thous. of Ibs n, 056, 964 7 985, 784 71, 002, 140 1, 074, 472 1, 152, 376 1, 079, 520 1, 138, 049 +22.8 -14.1 +7.3 +8.8 11, 169, 039 11, 254, 514 -1.2 +1.3 10, 442, 447 10, 556, 143 +1.1 7 Miscellaneous Meats Cold-storage holdings, end mo. ..thous. of lbs__ Total Meats +0.8 Poultry Receipts at 5 markets thous. of Ibs Cold-storage holdings, end of mo.thous. of lbs__ 18, 849 38, 230 22, 238 40, 395 22, 361 40, 749 23, 859 7 43, 578 35, 620 58, 452 24, 391 43, 201 29,103 52, 315 +49.3 +34.1 +22.4 +11.7 212, 489 225, 134 +6.0 29, 809 40, 946 27,324 53, 140 30, 130 66, 170 24, 284 7 71, 352 27,129 73, 320 26, 633 60, 330 27, 390 65, 960 +11.7 +2.8 -1.0 +11.2 253, 527 252, 189 -0.5 240, 311 23, 106 454, 600 8, 321, 632 121, 152 26, 333 168, 962 252, 265 1, 138, 147 97, 163 791, 856 120, 446 +49.9 +110. 3 182, 016 69, 650 167, 750 65, 145 142, 688 55, 339 119,084 44, 969 104, 702 41, 956 113, 546 42, 234 102, 399 38, 301 -12.1 -6.7 +2.2 +9.5 1, 322, 190 515, 162 1, 299, 662 505, 366 -1.7 -1.9 69, 750 1 204, 173 ! .44 ' 120, 437 186, 188 4£ 136, 175 7 128, 071 186, 461 168, 408 .47 .49 105, 904 148, 598 .48 147, 396 179, 878 .46 118, 679 176, 176 .48 -17.3 -11.8 -2.0 -10.8 -15.7 0.0 1, 766, 382 1, 723, 094 -2.5 58, 880 19, 216 i 45, 778 68, 613 6,581 180 5,849 48, 614 21, 741 32, 146 89, 708 5,937 172 20, 095 41,578 18,727 35, 189 101,498 5,597 215 15, 788 37, 431 18, 222 41,291 798,339 6,744 141 17, 123 39,003 18, 669 48, 357 97, 222 9,410 204 24, 282 38, 776 21, 522 43, 641 85, 131 5,102 225 19, 040 37, 274 18, 995 47, 212 77, 603 8,441 211 20,944 +4.2 +2.5 +17.1 -1.1 +39.5 +44.7 +41.8 +4.6 -1.7 +2.4 +25.3 +11.5 -3.3 +15.9 53, 648 .26 73, 088 .26 83,906 .26 81, 682 .27 .26 65, 453 .27 59, 035 .28 -3.7 -7.1 Receipts, 5 markets. thous. of cases. 1,763 1,335 1,076 Cold-storage holdings, end of month: Cases..thous. of cases 10,002 9, 944 10, 496 Frozen .thous. of lbs._ 77, 744 1 81, 670 89, 196 7 8 Revised. Cumulative through Sept. 30. 7939 795 897 704 -15.3 +12.9 7 8, 542 82, 255 6, 249 73,281 7,960 71, 20« 5,485 62.066 -26.8 -10.9 +13.9 1 +18.1 Fish Total catch, prin. fishing ports*._thous. of lbs_. Cold-storage holdings, 15th of mo thous of Ibs Canned salmon: Shipments, United States cases Exports, Canada _ .cases. . 828, 963 1, 024, 000 +23.5 Butter Production (factory) thous. of Ibs. . Receipts, 5 markets thous. oflbs.. C old-storage holdings, creamery, end of month .thous. of Ibs.. Apparent consumption thous. of Ibs. _ Wholesale price, New York .dolls, per lb__ Cheese Total, all varieties: Production (factory). thous. of Ibs Receipts, 5 markets. .thous. of lbs_. Apparent consumption thous. of Ibs.. Cold-storage holdings, end mo.thous. of lbs._ Imports thous. of lbs__ Exports, United States thous. of lbs._ Exports, Canada thous. of Ibs. _ American whole milk: Cold-storage holdings, end mo.thous. of lbs__ Wholesale price, New York._dolls. per lb__ 424, 061 190, 059 414, 215 389, 179 -8.2 170, 747 -10.2 393, 754 -4.9 63, 347 2,855 85, 584 63, 187 -0.3 2,133 -25.3 93, 148 +8.8 14,993 14, 987 Eggs * See table on p. 18 of the September, 1928, issue for earlier data. 0.0 40 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PEK CENT INCREASE (+) OR DECREASE (— ) 1937 Oct., June July August September October September October 1928, Oct., 1928, 1928 Oct., 1927 from Sept., from Perct. in ' iI crease ! (+) I or de!1 creaso (-) ; cumulative 1928 from 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 FOODSTUFFS-Continued Milk Condensed milk: Total stocks, mfrs., end mo.— Case goods thous. of Ibs Bulk goods . . thous. of lbs_. Unsold stocks, mfrs., end mo.— Case good _ __thous. of Ibs. Bulk goods thous__ Exports thous of Ibs Wholesale price, New York-dolls, per case-Evaporated milk: Manufacturers' stocks, end of mo.— Total case goods thous. of Ibs Unsold, case goods thous. of lbs__ Exports thous. of Ibs Wholesale price, New York- dolls, per case-Production, condensed and evaporated milk thous. of Ibs Powdered milk: Manufacturers' stocks, end of month thous. of Ibs Exports thous of Ibs Net new orders thous. of Ibs Fluid milk: ReceiptsBoston (includ. cream) . _thous. of qts._ Greater New York thous. of qts__ ProductionMinneapolis, St. Paul thous. of lbs_. Consumption in manufacture of oleomargarine thous . of Ibs _ _ 31, 087 25, 255 30, 397 20, 794 30, 542 19, 332 27, 837 7 17, 604 23, 949 14, 213 38, 357 19, 566 35, 932 14, 956 -14.0 -19.3 -33.3 -5.0 25, 081 13, 368 3,054 5.83 23,594 8,611 3,011 5.97 24,159 8,367 3,246 6.18 21, 821 6,275 3,405 6.18 17, 787 4,829 2,531 6.18 33, 004 6,500 2,439 6.00 30, 535 5,970 2,760 6.00 -18.5 -23.0 -25.7 0.0 -41.7 -19.1 -8.3 +3.0 29,561 32, 397 187, 789 151, 769 5,464 4.28 180, 377 124, 738 5,180 4.34 161, 679 101,819 6, 343 4.45 165, 682 134, 250 5,5&5 4.58 164, 866 138, 999 5,264 4.58 222, 482 198, 281 3,756 4.58 205, 587 183, ?39 5,130 4.58 —0 5 +3.5 -5.7 0.0 —19 8 -24.1 +2.6 0.0 58, 854 65, 694 269, 421 171, 065 152, 451 136, 170 121, 287 117, 792 110,967 -10.9 +9.3 1, 667, 132 21, 517 225 6,129 22, 632 359 6,264 19, 941 526 6,736 ' 18, 857 322 5,662 16, 377 313 6,276 10,646 239 6,531 9,261 307 5,735 -13.2 -2.8 +10.8 +76. 8 +2.0 +9.4 2,692 54, 115 19, 151 115,866 19, 215 122, 100 19, 081 117, 162 17,329 113, 552 116, 849 17, 586 111, 582 17, 987 114,981 +2.9 +1.6 8 160, 045 1, 114, 042 32, 686 28, 374 24, 413 21, 572 20, 274 19, 046 20, 217 -6.0 +0.3 7,034 6,652 7,014 8,530 6,410 7,332 89,047 274, 366 471, 175 488, 161 107, 175 315, 722 417, 983 465, 386 257, 825 436, 122 357, 506 74, 520 278, 078 384, 903 258, 427 76, 540 319, 464 375, 748 254, 963 82, 773 . 34, 049 11,329 66, 428 26, 725 7,413 61, 799 32, 920 11, 971 68, 432 37, 536 4,451 54, 010 35, 128 3,642 .041 .055 .063 129 .042 .056 .063 127 .039 .052 .062 126 .048 .058 .064 131 182,414 348, 808 829, 437 168, 638 370, 339 630, 548 154, 547 323, 317 446, 210 167, 805 292, 816 671, 952 Sugar Raw: Imports— From Hawaii, Porto Rico. . .long tons.. 180, 861 102, 353 From foreign countries long tons 208, 241 253, 613 Meltings 8 ports long tons 404, 120 433, 367 Stocks at refineries, end month.. long tons__ 682, 591 595, 214 Refined: Shipments, 2 ports long tons 64, 224 67, 638 Stocks, 2 ports _ . long tons. 34, 166 24, 930 Exports, including maple. -long tons.. 5,364 10, 313 Prices: Wholesale, 96° centrif., N. Y. dolls, per lb__ .043 .042 Wholesale, granulated, N. Y.dolls. per lb__ .059 .057 Retail, granulated, N. Y dolls, per lb._ .067 .066 Retail average, 51 cities.. .relative to 1913. . 133 133 Cuban movement (raw) : Receipts at Cuban ports long tons 123, 340 149, 682 Exports long tons.. 224, 869 299, 714 Stocks end of month long tons 1,127,054 1, 017, 638 Coffee Imports. thous. of bags.. Visible supply: World thous. of bags.. United States thous. of bags. _ Receipts, total, Brazil thous. of bags.. Clearances: Total, Brazil, for world thous. of bags__ Total, Brazil, for U. S thous. of bags.. Price, Rio No. 7, Brazil grades. . .dolls, per lb_. Tea Imports thous. of Ibs Stocks, United King., end mo.. -thous. of lbs_. Price, Formosa, fine, New York.-dolls. per lb__ -18.3 +4.3 -23.2 19 3 +16.1 -7.0 +23.2 +14.4 -6.3 .047 .057 .064 131 -7.1 -7.1 -1.6 -0.8 -17.0 -8.8 -3.1 -3.8 151, 747 304, 118 531, 142 -8.4 -12.7 29 2 +40.2 +9.6 +11.6 I 1, 626, 743 -2.4 3, 151 +17.1 59, 417 +9.8 8 162, 017 1, 141, 036 +1.2 +2.4 253, 134 267, 902 +5.8 8 54, 504 8 66, 789 +22.5 8 1, 080, 275 8 1, 182, 125 3, 250, 708 3, 019, 787 4, 343, 065 4, 036, 603 4-9.4 -7.1 -7.1 1 719, 797 620, 807 -13.8 103, 633 88, 795 -14.3 +1.8 +6.3 -16.0 4, 065, 019 3, 557, 459 3, 753, 634 3, 429, 724 -7.7 -3.0 +61.5 +228. 7 906 821 925 1,655 809 667 976 -51.1 -17.1 8,616 10, 147 + 17.8 5,321 861 1,303 5,734 850 1,168 5,515 793 1,181 5,378 702 1,040 5,390 693 1,157 4,622 547 1,407 4,917 634 1,858 +0.2 -1.3 +11.3 +9.6 +9.3 -37.7 12, 558 1L798 -6.1 1,100 549 .157 1,105 598 .165 1,057 548 .173 997 570 .173 1,330 667 .178 1,335 712 .135 1,604 862 .147 +33.4 +17.0 +2.9 -17.1 -22.6 +21.1 11,944 6,295 11,501 6,082 -3.7 -3.4 4,863 179, 214 .325 7,209 170, 519 .325 8,086 179, 106 .325 9,754 194, 681 .325 10, 512 209, 701 .310 9,687 9,586 163, 838 1 185, 155 .345 .345 +7.8 +7.7 -4.6 +8.5 +13.3 -10.1 69, 997 71, 302 +1.9 7,601 23, 336 .1450 6,316 12, 971 .1350 4,011 13, 461 .1213 3,724 6,388 .1163 15,326 5,450 9,615 +311. 5 11, 340 -14.7 .1563 +59.4 178, 767 161, 862 187,901 148, 498 +5.1 -8.3 Cocoa Shipments from Gold and Nigerian Coasts, Africa* long tons Imports** -. long tons . Spot price,* Accra, New York dolls. _ 11,022 10, 444 .1525 -51.9 TOBACCO » Production, crop estimate thous. of lbs_. 51 211 301 . ... < 1, 346, 566 Consumption (tax-paid withdrawals) : Large cigars thousands 575, 996 558, 206 +5.0 5, 524, 203 5, 411, 228 -2.0 601, 877 586, 267 688, 921 +23.4 723, 318 639, 359 Small cigarettes __ __ ._ thousands 9, 690, 961 9, 723, 647 10, 627, 344 9, 126, 271 9, 921, 537 8, 994, 416 8, 552, 397 +8.7 +16.0 82, 212, 393 89, 864, 438 +9.3 Manufac. tobacco and snuff. -thous. of Ibs.. 33, 801 328, 597 -2.2 335, 837 30, 155 +3.9 34, 981 31, 789 33, 992 +11.1 35, 333 34, 673 Exports: Unmanufactured thous of Ibs 30, 796 20, 252 409, 174 437, 107 +6.8 26, 833 88, 509 57, 509 38, 692 47, 527 +53.9 +86.2 Cigarettes thousands 1, 032, 268 1, 078, 362 860, 791 961, 827 956, 846 -0.5 +42.4 6, 179, 588 9, 482, 337 +53.4 371, 168 672, 015 Sales of loose-leaf, warehouses thous. of lbs_. 144 685, 630 533, 066 -22.3 227 70, 579 133, 718 -8.3 -24.5 122, 627 162, 386 136, 824 Price, leaf, Kentucky dolls, per 100 Ibs.. 6.492 4-6.6 12 077 7.871 15 594 11 331 4-53. 4 9.069 11. 580 8 7 * As of Nov. 1, 1928. Final estimate for 1927. Revised. 8 Cumulative through Sept. 30. See tables on p. 25 of the November, 1928, issue for earlier data. ** See table on p. 47 of the October, 1927, issue for earlier data. 41 TREND OF BUSINESS MOVEMENTS—Continued The cumulative^ shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July PER CENT INCREASE (+) OR DECREASE ( — ) 1927 1928 August September October Septem- October ber Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 Per ct. CUMULATIVE TOTAL inFROM JAN. 1 THROUGH crease OCT. 31 or decrease 1937 1938 cumulative 1928 from 1927 TRANSPORTATION River and Canal Cargo Traffic Panama Canal: Total cargo traffic- . thous. of long tons 2,140 2,292 In American vessels thous. of long tons.. 1,097 1,212 In British vessels thous. of long tons 537 535 Sault Ste. Marie canals. ..thous. of short tons.. 12, 633 13, 247 New York State canals thous. of short tons.. 400 414 Cape Cod Canal ..short tons.. 120, 261 135, 702 Welland Canal short tons 1, 031, 051 1, 006, 713 St. Lawrence Canal short tons 1, 143, 735 1, 225, 338 90, 658 112, 248 Mississippi River Govt. barges short tons Ohio River, Pittsburgh, Pa., to Wheeling, W. Va short tons.. 931, 641 947, 227 225, 960 306, 010 Allegheny River short tons Monongahela River short tons 2, 109, 892 2, 095, 606 24, 177 11, 304 6,754 75, 273 2,811 1, 079, 155 6, 315, 341 7, 244, 159 1, 151, 959 2,398 2,313 • 2, 582 2,718 2,425 1,140 1,257 1,195 1,396 1,103 602 594 714 679 707 12, 812 11, 231 13, 680 13, 603 10, 791 381 411 536 357 517 67, 899 7 89, 029 148, 691 130, 566 160, 903 1, 115, 601 996, 833 1, 115, 190 1, 090, 647 1, 130, 277 1, 359, 561 1, 150, 058 1, 270, 051 1, 178, 199 1, 198, 952 104, 923 113, 903 148, 377 120,500 89, 396 +11.6 +4.8 +12.8 +6.2 +30.4 +23.2 +11.9 +10.4 894, 938 1, 034, 775 963, 766 1, 010, 860 988, 412 444, 358 346, 670 288, 629 377, 744 421, 985 2, 304, 619 2, 305, 681 2, 396, 557 2,181,251 2, 132, 076 +4.9 +13.0 8, 112, 678 8, 469, 721 +4.4 +30.9 -15.0 2,431,180 2, 409, 291 -0.9 +3.9 +12.4 20, 416, 530 21, 679, 768 +6.2 -5.0 -14.4 -4.9 +21.1 +40.7 +80.7 -1.3 +5.9 24, 041 13, 135 5,477 75, 288 2,255 624, 565 6, 539, 731 6, 950, 960 918, 632 +0.6 -13.9 +23.3 0.0 +24.7 +72.8 -3.4 +4.2 +25.4 Ocean Traffic Clearances, vessels in foreign trade: Total thous. of net tons.. American thous. of net tons.. Foreign thous. of net tons.. 7,371 2,847 4,524 7,781 3,056 4,725 8,377 3,173 5,204 7,365 2,912 4,453 12, 537 2,245 7,806 3,252 4,554 7,232 2,712 4,520 6,974 2,939 4,035 27, 833 24, 483 31, 510 23, 303 9,290 3,364 216 241 +6.0 +11. 9 +11.7 +10.6 +2.3 +12.9 63, 187 24, 376 38, 711 66, 012 25, 804 40, 208 +4.5 +5.9 +3.9 -1.6 +4.2 -1.6 -8.2 -4.1 -3.9 -1.0 +1.1 Shipbuilding Completed during month: Total gross tons Steel seagoing ..gross tons.. Building or under contract, end of month: Merchant vessels thous of gross tons 10, 719 4,458 264 256 235 242 cars cars cars 336, 181 170, 606 114, 710 271, 017 137, 618 90, 513 201, 864 114, 355 47, 615 103, 906 53, 170 21, 809 105, 017 54, 263 21, 128 135, 059 74, 126 34, 805 168, 829 82,411 61, 455 +1.1 +2.1 -3.1 -37.8 -34.2 -65.6 cars cars cars None. None. None. 32 None. 32 8 None. 8 279 None. 159 44 None. 44 371 None. 371 302 None. 103 -84.2 -85.4 -72.3 -57.3 cars-- 4, 923, 304 3, 942, 931 4, 230, 809 5, 586, 284 4, 700, 796 5, 488, 107 74,464,872 294, 144 7 219, 251 cars. . 172, 234 207, 175 231, 181 295, 779 219, 298 98, 944 164, 412 154, 620 158, 749 7 158, 314 125, 933 cars 90, 919 964, 038 7 800, 449 773, 431 606, 884 686, 417 952, 746 867, 999 cars _ 338, 165 7 268, 690 330, 023 239, 751 266, 137 322, 538 265, 872 cars 279, 483 7 192, 182 cars . 327, 983 250, 069 253, 085 319, 579 240, 988 cars.. 1, 260, 705 986, 115 1, 027, 132 1, 297, 461 1, 079, 167 1, 310, 558 7 1, 078, 569 cars 1, 932, 995 1, 562, 018 1, 667, 913 2, 233, 769 1, 871, 652 2, 142, 970 7 1, 747, 417 -15.9 -25.9 -6.0 -9.0 -17.6 -24.6 -16.8 -16.2 +5.3 43, 637, 626 42, 917, 925 0.0 1, 976, 065 2, 059, 419 -2.3 1, 268, 053 1, 247, 880 +8.3 8, 198, 431 7, 526, 829 2, 917, 970 2, 799, 468 -1.0 +25.4 1, 772, 759 1, 703, 950 +0.1 11, 052, 923 10, 938, 720 +7.1 16, 451, 385 16, 639, 659 Freight Cars Surplus (daily av. last week of month): Total Box Coal Shortage (daily av. last week of month): Total Box Coal Car loadings: Total Grain and grain products .' Livestock Coal and coke Forest products _ Ore __ ... Merchandise and 1. c. 1 Miscellaneous Railroad Operations Operating revenue: Freight Passenger Total operating Net operating income Freight carried thous of doll15 thous of doll*? thous of dolls 370, 268 81, 708 502, 474 375, 086 85, 997 37, 304 381, 576 82, 722 512, 953 375, 490 95, 226 39, 196 421, 007 85, 102 557, 856 383, 908 128, 414 42, 406 423, 347 80, 098 556, 044 375, 646 134, 513 number 60, 094 2,591 59, 975 2,590 59, 769 2,585 7 59, 600 2,582 number 8,006 13.4 95 284 7 8, 310 14.0 116 235 32 7,954 13.4 114 320 70 51 39 11 46 19 5 90 30 201 109 37 15 thous. of dolls ._ mills ton-miles 7 426, 937 7 86, 319 7 565, 469 7 386, 607 7 133, 094 42, 954 452, 608 75, 201 580, 498 399, 504 133, 776 45, 552 59, 371 2,578 61, 455 2,605 61, 305 2,606 -0.4 -0.2 3.2 -1.1 7,815 13.2 93 260 8 8,177 13.9 102 331 4 8,345 13.6 177 262 6 8,778 14.4 195 345 8 +4.6 +5.3 +9.7 +27.3 -50.0 -6.8 -3.5 -47.7 -4.1 -50.0 34 23 4 41 28 36 26 127 86 7 112 81 12 -12.2 -67.9 -7.1 -67.9 56 17 81 19 98 15 104 17 102 32 53 27 +6.1 +96.2 +13.3 -37.0 198 98 59 32 204 135 26 20 178 118 27 33 170 113 29 8 271 167 49 8 182 97 45 19 -4.5 -6.6 -4.2 +16.5 +7.4 -35.6 -75.8 -57.9 Railway Equipment Locomotive (Am. Ry. Assn.): Owned, end of month — Quantity In bad order end of monthQuantity Installed number Retired _ number New orders number Shipments, manufacturers' (Census)— Total number Steam, domestic number Electric domestic number Unfilled orders (railroads), end of mo.— From manufacturers number . . In railroad shops number Unfilled orders, manufacturers' (Census)— oiediu, uouieoi tExports, steam Freight cars (Am. Ry. Assn.) : Owned, end of monthQuantity In bad order, end of monthQuantity New orders 7 Revised. iiiuiiutj _ _ number-cars cars cars__ 2, 300, 669 2, 300, 034 2, 299, 157 72,296,273 2, 292, 090 2, 326, 616 2, 325, 027 212, 027 211, 970 210, 386 210, 437 210, 483 7 210, 335 210, 089 145, 210 6.5 2.286 151, 867 6.7 307 149, 252 6.6 767 148, 333 6.6 1,236 138, 238 6.2 1,635 137, 571 6.0 40 139, 441 6.1 326 -0.2 -0.1 -1.4 -0.9 -6.8 -0.9 -6.1 +1.6 +32.3 +401. 5 1,671 2,828 490 1,190 -28.8 2,600 -8.1 253 -48.4 950 654 128 471 -50.4 311 -52.4 87 -32.0 198 174 -12.1 42 TREND OF BUSINESS MOVEMENTS—Continued 1 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1937 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 i July June August September October i September | October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 1938 1937 Per ct. increase ( } or tdecrease (-) cumulative 1928 from 1927 TRANSPORTATION— Continued Railway Equipment— Continued Freight cars— Continued, Shipments— Total Domestic Unfilled orders (railroads)— Total From manufacturers In railroad shops Passenger cars: New orders ShipmentsTotal Domestic cars cars. 5,147 5,115 4,963 4,908 5,295 5, 261 3,220 3,000 2,507 2,345 4, 397 4, 393 4,320 4,101 -22.1 -21.8 -42.0 -42.8 cars_ cars, _ cars.. 12, 446 9,316 3,130 13, 531 10, 371 3,160 8,177 5,673 2,504 6,619 3,878 2,741 5,437 1 1,880 j 3,557 14, 437 10, 799 3,638 10, 901 6,991 3,910 -17.9 -51.5 +29.8 -50.1 -73.1 -9.0 47, 966 47, 234 36, 157 -24.6 35, 108 -25.7 1,760 +70.4 cars 57 19 589 2 56 19 18 +211. 1 1,033 cars .cars. 95 95 123 123 147 144 146 143 68 68 I 201 201 119 119 -53.4 -52.4 -42.9 -42. 9 1,079 1,040 885 815 -18.0 -21.6 271, 621 60, 324 553, 394 111,642 499, 633 98, 523 222, 698 44, 873 68, 997 ! 10,466 199, 336 29, 089 50, 101 12, 862 -69.0 -76.7 +37. 7i -18.6 1,914,692 365, 265 1, 979, 397 378, 126 +3.4 +3.5 20,419 27, 201 20, 682 32,974 24, 629 63, 191 29, 317 80, 233 1 ! 31,000 75, 557 31, 719 50,254 8 242, 058 8 318, 984 8 217, 218 -10.3 8 350, 659 +9.9 7,205 53, 028 29, 674 7,804 68,463 15, 776 6,488 50, 323 9,866 8,093 42, 105 8,056 i 8,494 i 7, 625 39, 748 8, 474 6,402 24, 396 8,063 +5.4 +5.3 8 48, 764 8 333, 772 165,447 8 55, 307 +13.4 8 369, 776 +10.8 171, 813 +3.8 7,432 3,095 64 7,279 3,073 60 7,593 3,312 63 7,297 3,081 68 72 i 7, 625 3, 288 68 6,494 2,851 72 +5.9 0.0 67.2 67.1 67.9 66.1 68, 783 16, 941 67, 676 15, 019 68, 784 15, 985 68, 432 16, 496 j 66, 529 16, 322 11, 169 14, 036 10, 618 13, 375 1,428 11, 530 14, 328 1,887 11,010 13,911 1,918 \ ! : 178, 835 67, 633 173, 000 61,000 174,000 60,000 179, 000 67,000 760, 509 8.081 728, 849 8.081 736, 223 8.121 717, 810 8.121 Passenger Travel National parks: Visitors - -- number ._ Automobiles entered number Arrivals from abroad: Immigrants number . _ United States citizens number.. Departures abroad: Emigrants number. _ United States citizens number Passports issued number, _ Pullman company operations: Revenue thous. of dolls, _ Passengers carried _ thousands ,_ Hotel room occupancy per ct. of capacity,. 8 62, 133 8 26, 910 8 61, 916 8 25, 962 -0.3 -3.5 65, 233 16,445 8 585, 194 8 143, 416 8 609, 002 8 149, 041 +4.1 +3.9 11, 172 13, 822 2, 085 10, 979 13,648 2,009 8 95, 267 8 118, 180 8 16, 221 8 96, 874 8 121, 258 8 15, 576 +1.7 +2.6 -4.0 \ 1 169, 414 61, 897 177, 734 65, 260 795, 140 ! 728, 371 7. 952 790, 712 7.985 6, 605 2, 201 4, 404 6,932 2,390 4,542 8 59, 186 8 22, 245 836,941 s 64, 291 +8.6 8 26, 329 +18.4 837,966 +2.8 ; 439 6, 166 450 6,482 8 4, 071 8 55, 115 8 3, 871 860,419 _ 1 1, 200 1, 184 154 1,314 1,295 143 8 10, 221 8 10, 084 8 1, 230 8 11, 565 +13.1 8 11,413 +13.2 8 1,172 -4.7 144, 400 150, 800 ! ! Warehouses Public merchandise warehouses, space occupied _per ct. of total.. PUBLIC UTILITIES Telephone companies: Operating revenue thous , of dolls . . Operating income thous. of dolls.. Telegraph companies: Commercial telegraph tolls.thous. of dolls. _ Operating revenue thous. of dolls.. Operating income _ thous. of dolls.. Gas and electric companies: Gross earnings thous. of dolls.. Net earnings . -thous. of dolls.. Electric railways (212 companies) : Passengers carried thous. of persons.. Average fare cents.. Electric power production: Total mills, of kw. hours.. By water power mills, of kw. hours.. By fuels mills, of kw. hours _ _ In street railways, manfg plants, etc. mills, of kw. hours.. In central stations mills, of kw. hours.. Electric power production (Canada) : Total mills, of kw. hours . By water power .mills, of kw. hours.. Exported -- mills, of kw. hours.. Electric power, gross revenue thous. of dolls. 7, 143 3,075 4, 068 7 7 7 7, 505 3, 045 4, 460 7,270 2,785 4,485 372 6,638 381 6,759 382 ' 7, 123 355 6,915 1,241 1,226 127 1,246 1,231 130 7 7 7 7,010 3,104 3,906 149, 500 7 7 146, 600 7 1, 308 1, 292 145 'l30 148, 200 156, 100 ; s 1, 558, 277 s 1, 637, 818 +5.1 8 560, 766 8 618, 458 +10.3 +10.8 +D.6 7, 791, 941 7, 712, 505 7 Revised. 3 73.6 82.2 90 80 74 86.5 124.1 85.1 92.9 120.6 76, 580 262, 651 36,922 454, 952 27, 888 104.7 72.9 81.5 90 79 75 85.6 123.3 83.4 96.8 125.7 76, 679 273, 796 37, 314 451, 125 29,405 103.7 74.2 82.5 91 81 74 88.1 124.0 85.6 97.9 134.7 78,420 293,457 37, 385 456, 303 31, 137 106.3 75.6 84.3 94 81 77 89.0 124.0 86.8 97.1 135.4 78,910 294,829 38,077 466, 357 30, 812 7 108. 7 78.8 ! 86.0 i 95 ! 82 74 90.4 126.0 86.9 97.0 1 131.3 1 285,936 38,090 ! 475, 686 1 31, 960 ! 109.6 I 87.1 87. 5 95 84 74 94.0 118.8 85.3 95.9 90.3 72, 247 196, 580 35, 544 484, 115 29, 948 101. 9 87.4 87.6 95 84 73 92.5 119.7 85.3 94.9 88.3 69,046 192,411 35, 195 484, 819 27, 624 101.0 13, 413 743 104.8 89.0 98 83 78 116 13, 149 793 98.7 87.2 96 76 74 131 13, 411 877 108.7 89.0 99 83 76 139 13, 862 865 106.5 92.0 102 83 77 135 14, 171 ! 868 110.2 i 94.0 ! 105 1 87 j 78 137 I 14, 317 970 101. 7 95.0 102 83 76 136 14, 195 741 100.6 94.2 102 85 76 122 Cumulative through Sept. 30. -4.9 +9.6 8 1, 295, 200 8 9, 899, 900 +664.4 EMPLOYMENT AND WAGES Employment in factories: Massachusetts rel. to 1919-23 New York State rel. to 1923 New Jersey rel. to 1923 Pennsylvania rel. to 1923 Delaware rel. to 1923 Maryland rel. to 1924 Iowa rel. to 1923 Illinois rel to 1923 Wisconsin rel. to 1923 Detroit rel. to 1923 Cleveland _. _ . number _ Detroit— number.. Milwaukee number New York State . number Oklahoma number Ohio * rel. to 1923 Total pay roll: New' York State (weekly). -thous. of dolls.. Oklahoma (weekly).. thous. of dolls Wisconsin rel. to 1923 New York State .rel. to 1923.. New Jersey.. rel. to 1923 Pennsylvania . rel. to 1923 Delaware rel. to 1923 Ohio construction* _ rel. to 1923. _ -1.0 +4.2 +2.0 +1.1 +1.2 -3.9 +1.6 +1.6 +0.1 -0.1 -3.0 -9.8 -1.8 0.0 -2.4 +1.4 -2.3 +5.3 +1.9 +2.2 +48.7 -3.0 0.0 +2.0 +3.7 +0.8 +48.6 +8.2 -1.9 +15.7 +8.5 +2.2 -0.2 +0.3 +17.1 +3.5 +9.5 -0.2 +2.2 +2.9 +2.9 +4.8 +2.4 +1.3 +2.6 +1.5 +12.3 * See table on p. 48 of the October, 1928, issue for earlier data. 43 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August , 1928, "Survey" June July PER CENT INCREASE (+) OR DECREASE (— ) 1937 August Septem- October ber Septem- October ber Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 Per ct. increase (+) or decrease (-) cumulative 1928 from 1927 EMPLOYMENT AND WAGES-Contd. Employment, Canada rel. to Jan. 1920.. Employment, trade-unions: United States per cent of total . . Canada per cent of total Anthracite mines: Employment rel. to 1923-25.. Pay roll __ rel. to 1923-25.. Federal civilian employees, Washington, D. C., end of month number Average weekly earnings, factories: Illinois_ _ dolls New York State... dolls.. Wisconsin dolls.. Oklahoma.. dolls . Massachusetts rel. to 1914.. New York rel. to 1914.. New Jersey rel. to 1923 Pennsylvania... ..rel. to 1923. _ Delaware rel. to 1923 Illinois rel. to 1923 Wisconsin rel. to 1923.. Average weekly earnings (National Industrial Conference Board) : Grand total (both sexes)... .dollars.. Total male dollars Skilled male _. dollars Unskilled male ._ .dollars.. Total women.. _ dollars Average weekly hours: Nominal (both sexes) ._ hours Actual (both sexes) _ . .hours. Wages, road labor, by districts: New England cents per hour Middle Atlantic... . cents per hour South Atlantic cents per hour East South Central cents per hour.. West South Central.. cents per hour East North Central cents per hour. West North Central cents per hour Mountain _ cents per hour Pacific cents per hour United States, average cents per hour.. Wage rates, U. S. Steel Corp__.cents per hour Wages, steel sheet workers per cent of base . Applicants per 100 jobs, employment agencies: United States number Eastern States number. . Central States number Southern States. number _ _ Western States number Canada number.. 116.3 119.9 119.5 89.0 96.8 88.0 97.5 91.0 97.6 90.0 113.8 92.8 105.1 62.0 107.9 86.7 110.8 92.5 61, 388 61, 650 62, 111 62,010 29.28 29.48 27.03 26.24 234.1 236.2 110 102 103 108.2 112.8 27.45 29.15 24.45 26.97 234.6 233.6 108 96 88 101.4 102.0 29.13 29.39 26.60 28.15 234.4 235.5 109 102 102 107.6 111.0 28.31 29.72 26.30 28.08 230.9 238.1 110 101 101 104.6 109.7 27,30 30. 35 31.74 25.17 17.01 27.09 29.95 31.35 24.69 17.07 27.35 30.30 31.77 24.78 17.04 27.76 30.93 32.42 25.27 17.33 49.7 47.7 49.6 47.5 49.6 47.9 49.8 48.2 48 42 26 26 30 37 36 45 53 40 50 125.5 47 43 27 25 27 38 36 44 53 40 50 125.5 48 29 39 38 50 53 42 50 125.5 48 42 24 25 26 38 39 52 54 43 50 125.5 121 147 161 221 66 118 137 151 150 174 80 113 129 223 132 121 69 106 106 120 126 88 63 39.5 27.1 7.5 4.9 41.3 38.0 27.2 5.9 4.9 46.9 7 42. 3 31.9 75.1 75.3 755.7 750.6 40.3 75.0 75.3 756.9 1125 109.0 107.5 96.9 96.1 118.7 112.0 119.8 109.4 60, 267 60, 236 27. 65 29.57 25.40 32.73 237.1 236.9 109 98 101 102.1 105.9 28.59 29.28 25.40 26.89 231.2 234.6 109 101 102 105.6 105.9 27.32 29.70 31.18 24.29 17.32 27.01 29.35 30.78 24.21 17.35 .. 49.5 47.8 49.5 47.4 51 41 26 26 30 40 39 49 54 42 50 125.5 49 46 26 25 33 40 38 46 54 40 50 125.5 48 46 28 25 32 40 38 48 56 40 50 125. 5 121 131 136 114 79 98 120 129 145 122 61 116 46.2 33.6 6.4 6.0 43.6 39.6 25.3 8.5 5.8 40.8 91.0 112.8 119.8 28.57 29.79 27.25 27.16 230.2 238.7 112 106 104 105.5 113.7 -fl. i +1.8 +29.5 -5.8 +9.5 +0.9 +0.2 +3.6 -3.3 -0.3 +0.3 +1.8 +5.0 +3.0 +0.9 +3.6 -0.1 +1.7 +7.3 +1.0 -0.4 +1.7 +2.8 +5.0 +2.0 —0.1 +7.4 +6.3 -2.4 +8.3 +4.0 +15.4 +5.3 0.0 58 0.0 -2.3 0.0 0.0 +6.3 -10.9 -7.1 +4.0 -6.2 0.0 +2.6 +2.1 —3. 6 +5.0 0.0 0.0 -31.0 -31.3 -62.0 +7.5 -3.7 -11.9 +7.9 -77.6 -1.7 +34.3 Factory Labor Turnover (Percentage of number on pay roll) Departures: Total per cent Voluntary quits.. .per cent Lay offs per cent Discharges per cent Accessions per cent Industrial disputes: Disputes Workers involved Man-days lost in month (annual basis) (annual basis).. (annual basis) (annual basis) (annual basis) _ 34.9 27.3 1.9 5.7 54.8 number.. 64 '60 67 number. 134, 406 1 134, 102 7130,853 109, 461 number 3, 580, 719 7 3,365,803 7 3,610,333 2,651,055 DISTRIBUTION MOVEMENT Retail Sales Mail-order houses: Total sales, 2 houses thous. of dolls.. Sears, Roebuck & Co thous. of dolls.. Montgomery Ward & Co. -thous. of dolls.. Ten-cent chain stores: Total sales (4 chains) thous. of dolls.. Total stores operated (4 chains) _ _ number.. F. W. Woolworth & Co... -thous. of dolls.. Stores operated number S. S. Kresge Co thous. of dolls.. Stores operated number.. McCrory Stores Corp thous. of dolls.. Stores operated number.. S. H. Kress & Co... thous. of dolls.. Stores operated. _ number Metropolitan _ _ thous. of dolls.. Stores operated _ _ number. . F. & W. Grand.... thous. of dolls.. Stores operated number W. T. Grant Co__ thous. of dolls.. Stores operated number. . 7 Revised. 58 58 196, 829 82, 095 4,945,702 2, 724, 117 44, 848 25, 669 19, 179 40, 253 26,276 13, 977 45, 994 28, 986 17,008 50, 814 30,004 20, 810 63, 587 37,002 26, 585 40, 987 24, 609 16,378 50, 869 29, 302 21, 567 +25.1 +23.3 +27.8 +25.0 +26.3 +23.3 384, 581 228, 568 156, 013 443,314 268, 367 174, 947 +15.3 +17.4 +12.1 42, 097 2,509 22,400 1,652 11, 834 450 3,097 223 4,766 184 1,027 94 1,259 70 4,366 181 38,764 2,526 20, 592 1,658 10, 583 460 2,950 224 4,639 184 908 96 1,205 73 3,731 191 41, 050 2,552 21, 812 1,675 11, 272 468 3,116 224 4,850 185 985 97 1,236 74 3,996 191 42,906 2,586 22, 637 1,698 11,914 474 3,344 224 5,011 190 1,116 100 1,443 76 4,708 199 48,992 2,615 26, 895 1,718 12, 925 481 3,471 224 5,701 192 1,232 104 1,756 80 5,418 203 38, 744 2,371 20,744 1,568 10,422 413 3,022 215 4,556 175 977 90 1,005 55 3,282 130 7 46, 519 2,396 726,034 1,584 12,084 419 3,332 217 5,069 176 1,120 90 1,223 55 4,275 135 +14.2 +1.1 +18.8 +1.2 +8.5 +1.5 +3.8 0.0 +13.8 +1.1 +10.4 +4.0 +21.7 +5.3 +15.1 +2.0 +5.3 +9.1 +3.3 +8.5 +7.0 +14.8 +4.2 +3.2 +12.5 +9.7 +10.0 +15.6 +43.6 +45.5 +26.7 +50.4 374, 686 403, 519 +7.7 205, 124 217, 224 +5.9 98, 712 109, 485 +10.9 +3.9 29, 243 30,371 41, 607 47, 439 +14.0 8,833 9,514 +7.7 9,475 12, 053 +27.2 30, 754 39, 145 +27.3 44 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" PEE CENT INCREASE (+) OR DECREASE (— ) 1937 ] June August July Se e m be r ~ 1 September October October Oct., 1928, from Sept., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1 ! I Oct., 1928, from Oct., 1927 1927 1938 Per ct. increase ( t> or decrease (-) cumulative 1928 from 1927 1 DISTRIBUTION MOVEMENT— Contd. Retail Sales— Continued Restaurant chains: Childs Co., sales.. _ thous. of dolls. . Stores operated number J. R. Thompson Co., sales.thous. of dolls__ Stores operated number Other chain stores: Isaac Silver & Bros thous. of dolls.. Stores operated number Hartman Corporation thous. of dolls.. Stores operated number J. C. Penny Co thous. of dolls.. S tores operated number United Cigar Stores Co thous. of dolls.. Stores operated number A. Schulte (Inc.).__ thous. of dolls . Stores operated number G. C. Murphy Co thous. of dolls.. Stores operated number Installment sales in New England dept. stores; ratio to total sales per cent 2,040 117 1,209 121 2,012 109 1,163 121 2,217 116 1,190 121 2, 190' 113 1, 185' 121 2,266 110 1,269 121 2,437 120 1,161 115 2,378 119 1,224 116 +3.5 -2.7 +7.1 0.0 -4.7 -7.6 +3.7 +4.3 516 25 1,170 20 14, 129 953 6,740 3,206 2,075 298 881 116 462 26 991 20 11, 734 953 6,334 3,226 1,846 300 796 116 460 26 1,416 19 12, 886 981 6,627 3,271 1,912 300 873 118 512 29 2,192 19 16, 477 1,006 6,622 3,288 1,962 299 1,046 119 610! 30 430 22 1,919 18 13, 727 884 6,473 3,139 2,164 297 771 108 509 722 1,478 18 7 17, 166 889 6,822 3,143 2,231 297 875 111 +19.1 +3.4 +19.8 +36.4 4.6 5.7 12.1 7.5 7.5 7.0 2,571 98, 272 210, 957 2,139 81, 244 214, 558 1,755 83, 354 419, 047 2,279 99, 897 423, 991 19, 443 1, 020 6,797 3,315 1,955 298 1,056! 120| 24, 037 21,847 -9.1 11, 902 12, 123! +1.9 4,033 4,721 +17.1 s 13, 366 812,717 -4.9 +18.0 +1.4 +2.6 +0.8 -0.4 -0.3 +1.0 +0.8 +13.3 +14.7 -0.4 +5.5 -12.4 +0.3 +20.7 +8.1 113, 101 132, 254 +16.9 64,170 64, 387 +0.3 23, 731 19, 582 -17.5 7,305 8, 537J +16.9 +26.0 +13.0 +12.9 -1.2 22, 881 1, 002, 984 Advertising Magazine advertising Newspaper advertising Air mail weight dispatched thous of lines thous of lines pounds 2,871 112, 783i 2,542 2,272 100, 039 7 114, 109 153, 649 146, 486 Postal Business Postal receipts: 50 selected cities.. ... . thous. of dolls 50 industrial cities thous. of dolls Money orders: Domestic paid (50 cities)— Quantity . . number Value -thous. of dolls. . Domestic issued (50 cities)— Quantity. number.. Value thous. of dolls 23, 857 978, 756! +4.3 -2.4 i 29,990 3,094 26, 508 2,956 27, 951 3,115 29, 261 3,074 34, 1961 3,583 30, 152 3,291 32, 450 3,395 +16.9 +16.6 +5.4 +5.5 302, 417 32, 533 305, 659) 33, 036| +1.1 +1.5 11, 145 85, 280 9,627 76, 227 10, 183 81, 180 7 9, 748 7 79, 877 12,020 99, 310 10, 167 84, 383 11, 659 76, 574 +23.3 +24.3 +3.1 +29.7 107, 964 837, 771 108, 147 841, 879! +0.2 +0.5 3,382 34, 263 3,180 32, 812 3,165 32, 886 7 2, 879 7 32, 382 3,669 37, 554| 2,994 31, 667 3,363 35, 147 +27.4 +16.0 +9.1 +6.8 32, 368 336, 407 33, 673 343, 074 +4.0 +2.0 BANKING AND FINANCE j Life Insurance (Association of Life Insurance Presidents) Policies, new (45 companies) : 242. 065 219, 388 247, 376 263, 201 298, 845 Ordinary number of policies 753, 773 740', 371 770, 416 840, 312 946, 284 Industrial _. number of policies 120 190 159 157 170 Group number of contracts Total number of policies and contracts. . 1, 139, 347 1, 001, 319 982, 595 989, 924 1, 209, 642 Policies and certificates issued: Total policies and certificates number. _ 1, 191, 052 1, 040, 054 1, 007, 041 1,042,747 1, 228, 396 52, 943 38, 905 24, 605 18,911 Group insurance certificates .. .certificates. . 51, 895 Amount of new insurance (45 companies) : 655, 131 620, 220 545, 417 659, 844 767, 865 Ordinary thous. of dolls Industrial ._ ._ .thous. of dolls. . 214, 882 194, 642 193, 365 198, 949 233, 530 277, 943 72, 119 113, 711 74, 196 56, 926 Group. . _ thous. of dolls Total insurance thous of dolls 1, 096, 458 923, 969 870, 511 1, 022, 309 965, 493 Premium collections (45 companies) : 152, 862 135, 743 154, 489 143, 386 154, 916 Ordinary thous. of dolls 53, 072 49, 343 50, 228 55, 691 51, 509 Industrial thous of dolls 5,738 5,574 5,705 7,296 6,447 Group ._ _. thous. of dolls Total thous. of dolls. . 211, 999 213, 230 199, 319 190, 824 216, 627 Admitted life insurance assets (41 companies) : 12, 510 12, 312 12, 634 12, 197 12, 406 Grand total mills of dolls Mortgage loans5,429 5,292 5,382 5,484 Total mills of dolls 5,338 1,604 1,602 1,606 Farm mills of dolls 1,600 1,601 3,825 3,692 3,780 3,737 3,878 All other mills of dolls Bonds and stocks (book value): 4,718 4,704 4,752 4,621 Total mills of dolls 4,665 930 927 905 939 Government mills of dolls 916 2,411 2,406 2,390 2,397 Railroad mills of dolls 2,410 1,151 1,112 1,138 1,128 Public utility mills of dolls 1,163 231 214 224 228 All other mills, of dolls. _ 240 Policy loans and premium 1,497 1,459 1,472 1,486 notes mills of dolls 1,510 212, 924 186, 090 992, 140 745, 664 148 115 931, 869 1, 205, 212 +20.0 +22.8 +30.8 +22.2 +23.6 2, 182, 567 2, 436, 486' +11.6 -4.6 8, 160, 015 8, 669, 891 +6.2 1,629 -2.5 1,670 +6.1 -+0.4 10, 344, 252 11, 108, 006 +7.4 945, 250 1, 228, 861 23, 797 13, 496 +17.8 -64.3 0.0 11, 291, 523 11, 495, 176 +1.8 348, 941 388, 799 +11.4 -20.5 526, 564 200, 622 31, 475 758, 661 615, 753 265, 974 48, 625 930, 352 +21.0 +17.4 -74.1 -5.6 +7.2 -12.2 +48.3 +3.8 6, 496, 559 2, 203, 519 582, 387 9, 282, 465 6, 721, 617 +3.5 2, 243, 528 +1.8 1, 058, 429 +81.7 10, 023, 574 +8.0 131, 763 45, 741 4,317 181, 821 140, 041 49, 272 5,792 195, 105 +13.8 +12.9 +12.4 +13.5 +10.3 +13.0 I +11.3 I +11.0 1, 426, 621 464, 065 53, 735 1, 944, 421 1, 537, 150 +7.7 516, 488 +11.3 74, 324 +38.3 2, 127, 962 +9.4 11, 268 11, 381 +1.0 +11.0 4,941 1,620 3,321 4, 982 1,621 3,361 +1.0 +0.1 +1.4 +10.1 -0.9 +15.4 4,216 919 2,259 887 151 4,262 928 2,268 911 155 +0.7 +1.0 +0.2 +1.0 +3.9 +11.5 +1.2 +6.3 +27.7 +54.8 1,338 1,347 +0.9 +12.1 606, 760 237, 184 138, 441 93, 224 76,998 60, 913 35, 302 659, 375 257, 543 148, 380 103, 663 82, 706 67, 083 48, 104 +32.2 +44.7 +29.6 +24.2 +19.7 +20.1 +43.4 +16.0 +22.9 | +19.1j i +8.9 +3.3 +8.7 -4-15.9 | - - (Life Insurance Sales Research Bureau) Sales of ordinary life insurance (81 companies) : United States total thous. of dolls_. Eastern manuf. dist thous. of dolls.. Western manuf. dist ... thous. of dolls .. Western agric. district.-thous. of dolls. . Southern district thous of dolls Far western district thous. of dolls. . Canada total, 15 companies.. thous. of dolls. . 7 Revised. 805, 695 333, 895 176, 121 121,089 96, 796 77, 794 51, 844 700, 939 273, 188 163, 694 107, 659 85, 056 71, 342 49, 492 702, 275 273, 055 163, 568 104, 287 86,288 75, 077 | 43, 503 578, 193 218, 788 136, 379 90, 916 71 371 60, 739 38, 872 764, 577 316, 574 176, 739 112, 916 85, 408 72, 940 55, 743 7,034,913 2, 867, 020 1,559,581 1, 049, 046 852, 535 706, 731 408, 604 7, 328, 122 +4.2 2, 698, 286 -5.9 1, 638, 420 +5.1 1, 107, 889 +5.6 865, 386 +1.5 718, 136 +1.6 468, 724 +14.7 45 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PER CENT INCREASE (+) OR DECREASE (— ) 1937 September October September October Oct., 1928, from Sept., 1928 Oct. 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 Per ct. increase or decrease 1937 1938 cumulative 1928 from 1927 BANKING AND FINANCE— Continued Life Insurance— Continued (Life Insurance Lapses)* Total New England Middle Atlantic East No. Central West No. Central South Atlantic East So. Central West So. Central Mountain Pacific rel. to 1925-26 rel. to 1925-26 _rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 2 98 2103 2 109 2 104 289 294 89 2104 2 2 98 284 2103 2 93 289 2 86 290 2 2 +4.3 -7.5 +15.7 -4.6 +4.8 -0.1 +6.1 -3.7 +6.0 -12.7 -1.9 -5.6 90 +8.6 -3.4 -18.1 +11 6 —8 6 +4.4 -6.9 3106 3 108 3 110 3 108 3 102 3 107 101 101 286 2 96 2 94 3 111 3 105 3 105 3 101 ..... Banking Check payments: New York City mills of dolls Outside New York City mills, of dolls. _ Canada mills of dolls Federal reserve banks: Bills discounted mills, of dolls. . Notes in circulation mills, of dolls. _ Total investments ._ .mills, of dolls. _ Total reserve mills, of dolls.Total deposits mills, of dolls . Reserve ratio per cent Federal reserve member banks: Total loans and discounts.— mills, of dolls. . Total investments mills, of dolls. . Net demand deposits mills, of dolls. . Brokers' loans, end of month: To N. Y. Stock Ex. membersTotal mills, of dolls.. Ratio to market value per cent.. By New York F. R. member banks mills of dolls Interest rates: Time loans, 90 days _. per cent-Call loans, renewal per cent.. Prime com. paper (4-6 mos.) per cent.. Prime bankers' acceptances. per cent.. N. Y. Fed. Res. Bank (redisc.)__per cent-Federal land banks per cent-Intermediate credit banks per cent Deposits, New York State savings banks, end of month mills, of dolls 402, 015 +25.9 250, 662 +8.4 18, 887 +24.0 45, 455 27, 029 1,746 35, 085 23, 897 1,896 35, 102 23, 401 1,813 38, 726 24, 450 1,681 45, 189 27, 705 2,395 33, 369 22, 533 1,583 34, 091 25, 111 1,849 +16.7 +32.6 +13.3 +10.3 +42.5 +29.5 1,191 1,660 430 2,693 2,459 65.4 1,086 1,613 378 2,756 2,402 68.6 1,039 1,651 394 2,765 2,325 69.5 1,026 1,704 545 2,751 2,414 66.8 932 1,710 671 2,773 2,419 67.2 430 1,706 737 3,126 2,390 76.3 379 1,717 862 3,067 2,404 74.4 -9.2 +145. 9 +0.4 -0.4 +23.1 -22.2 +0.8 -9.6 +0.2 +0.6 97 +0.6 16, 089 6,647 13, 574 15, 861 6,589 13, 186 15, 729 6,405 12, 871 15, 952 6,401 13, 226 16, 067 6,430 13, 368 14, 942 6,042 13, 230 15, 029 6,065 13, 464 4,898 9.25 4,837 9.00 5,051 8.80 5,514 9.29 5,880 9.62 3,915 8.22 3,946 8.57 +6.6 +49.0 +3.6 +12.3 4,307 4,259 4,235 4,570 4,907 3,306 3,372 +7.4 +45.5 5.69 6.21 4.88 4.07 4.50 5.47 4.60 6.00 6.05 5.13 4.25 5.00 5.04 4.75 6.25 6.87 5.38 4.63 5.00 5.04 4.92 7.00 7.26 5.63 4.50 5.00 5.04 5.23 7.13 6.98 5.50 4.50 5.00 5.04 5.27 4.13 3.80 4.00 3.13 3.50 5.17 4.50 4.32 3.90 4.00 3.25 3.50 5.17 4.50 +1.9 -3.9 -2.3 0.0 0.0 0.0 +0.8 +65.0 +79.0 +37.5 +38.5 +42.9 -2.5 +17.1 4,301 4,283 4,299 4,352 4,345 4,090 4,085 -0.2 +6.4 17, 604 44, 162 678, 927 17, 526 44, 591 154, 859 17, 648 52, 797 173, 495 17, 367 50, 410 557, 398 17, 544 59, 741 187, 627 18,478 54, 410 590, 192 18, 369 56, 617 221, 205 -4.5 +1.0 +18.5 +5.5 -66.3 -15.8 501, 173 3, 285, 424 471, 261 3, 125, 787 404, 607 278, 620 308, 594 482,600 368, 653 287, 442 413,220 -23.6 -10.8 2, 843, 767 3, 157, 557 +11.0 4,799 40.52 4,701 39.67 4,803 40.50 4,846 40.82 4,807 40.45 4,948 42.19 4, 946 42.12 -0.8 -0.9 -2.8 -4.0 70, 205 862, 363 20,001 99, 932 4,109 72, 676 867,211 10, 331 74,190 4,113 98, 769 891, 863 2,445 1,698 4,123 83, 247 857, 731 4,273 3,810 7 4, 125 121, 539 897, 720 14, 310 990 4,143 103, 240 842, 118 12, 979 24,444 4,571 97, 103 +46.0 +25.2 +4.7 +4.9 855, 743 2,056 +234. 9 +596. 0 10, 698 -74.0 -90.7 +0.4 -8.8 4,541 805, 512 8,431,346 195, 022 68,340 801, 200 -0.5 8,626,351 +2.3 114, 336 -41.4 536, 208 +684.6 4,945 1,401 3,915 2,389 4,776 2,252 7 4, 087 7 2, 177 4,287 2,022 4,691 2,023 4,980 1,696 +4.9 -13.9 -7.1 +19.2 49, 387 17, 299 46, 055 -6.7 7, 025 -59.4 479 707 6,221 7,456 .600 262 430 6,544 6,160 .592 263 720 6,496 9,246 .589 872 1,457 4,916 6,229 .575 856 718 7,319 7,238 .581 293 761 4,992 6,627 .554 178 494 5,069 5,945 .560 -1.8 +380. 9 -50.7 +45.3 +48.9 +44.4 +16.2 +21.7 +1.0 +3.8 46, 201 62,804 56, 728 +22.8 71,204 +13.4 58,202 16, 877 19,096 22, 229 2,589 33, 957 14, 727 13, 567 5,662 2,572 34,990 13,490 17,268 4,232 2,504 32, 786 15, 349 12, 052 5,385 1,349 36, 236 17, 134 14, 657 4,445 7 2, 148 +3.0 -3.4 -8.4 -21.3 +27.3 +17.8 -25.3 -4.8 -2.6 +16.6 432, 896 169, 696 194, 512 68,688 19, 634 403, 335 -6.8 146, 249 -13.8 189, 144 -2.8 69,790 +1.6 30, 105 +53.3 +0.7 +0.5 +1.1 319, 337 231, 154 15, 234 +6.9 +6.0 -0.7 Public Finance Government debt, gross, end mo.mills. of dolls.. Customs receipts thous. of dolls. . Total ordinary receipts... thous. of dolls.. Expenditures chargeable to ordinary receipts thous. of dolls Money in circulation, end mo.: Total... mills, of dolls.. Per capita dolls-Gold and Silver Gold: Domestic receipts at mint fine ounces. _ Rand output fine ounces Imports thous. of dolls.. Exports thous. of dolls.. Monetary stock, end mo mills, of dolls. . Silver: ProductionUnited States -thous. of fine oz Canada thous. of fine oz Stocks, end of month— United States thous. of fine oz__ Canada thous. of fine oz.. Imports thous. of dolls.. Exports thous. of dolls.Price at New York dolls, per fine oz._ -6.0 -4.9 Business Failures Liabilities (United States): Total commercial thous. of dolls.. 27, 978 29, 587 Manufacturers thous. of dolls. . 12, 723 12, 932 Trade establishments. -thous. of dolls.. 13, 781 12,899 Agents and brokers thous. of dolls.. 3,324 3,755 Liabilities (Canada) .thous. of dolls.. 1,681 1,406 Firms (United States): Total commercial number. _ 1, 950 1,723 Manufacturers number. _ 513 450 Trade establishments .number. . 1, 325 1,161 Agents and brokers number 109 112 Firms (Canada). number.. 127 124 2 Quarter ending in month indicated. • Quarter ending Sept. 1,852 493 1,241 112 135 30, 1927. 1,635 2,023 454 528 1,073 1,369 108 126 120 159 7 Revised. 20,064 +4.9 19, 120 1,787 +23.7 +13.2 1,573 4,607 488 +16.3 +8.2 4,907 +6.5 389 13,945 +4.3 13, 376 1,170 +27.6 +17.0 1,083 101 1,137 129 +16.7 1,203 +5.8 -2.3 -8.1 145 1,487 -11.0 1,670 173 +32.5 * See table on p. 138 of the August, 1928, issue for earlier data. 46 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PER CENT INCREASE (+) OR DECREASE (— ) 1937 Septem- October ber September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 Per ct. increase CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 or decrease 1927 cumulative 1928 from 1927 1928 BANKING AND FINANCE— Continued Business Failures— Continued By groups :f ManufacturersMetals number.. Textiles number.. Lumber . number. . Chemicals number Printing and engraving number.. Foodstuffs number.. Leather etc number Liquors and tobacco number.. Stone clay, and glass number All other number TradersGeneral stores . . . .number . Foods and tobacco .number. . Clothing .number Household furniture. .number. . Chemicals and paints number. . Books and paper .. .number _ All other number 40 67 76 7 18 45 11 5 9 235 31 61 69 5 16 47 18 3 5 195 36 59 60 4 22 51 8 6 10 237 35 74 73 8 6 24 15 4 3 212 33 79 94 13 18 47 14 6 7 217 20 47 52 2 20 27 9 17 3 192 32 -5.7 59 +6.8 75 +28.8 9 +62.5 22 +200. 0 39 +95.8 8 -6.7 6 +50.0 7 +133. 3 231 +2.4 +3.1 +33.9 +25.3 +44.4 -18.2 +20.5 +75.0 0.0 0.0 -6.1 291 544 683 58 223 369 110 86 68 2,175 367 639 758 79 152 421 131 57 i 81 2,222 +26.1 +17.5 +11.0 +36.2 -31.8 +14.1 +19.1 -33.7 +19.1 +2.2 78 426 248 228 57 7 281 77 387 202 179 55 14 247 54 423 210 171 71 11 307 60 376 168 187 43 13 226 87 503 225 190 78 10 276 58 335 187 160 58 8 277 57 384 192 183 60 11 283 +45.0 +33.8 +33.9 +1.6 +81.4 -23.1 +22. 1 +52.6 +31.0 +17.2 +3.8 +30.0 -9.1 -2.5 1,492 3,949 2,482 2,324 649 ' 121 2,820 838 4,300 2,703 2,392 676 125 2,908 -43.8 +8.9 +8.9 +2.9 +4.2 +3.3 +3.1 thous. of dolls.. - -thous. of dolls 467, 225 316, 900 719, 196 466, 704 333, 400 182, 000 408, 600 262, 500 586, 750 388, 600 392, 250 250, 100 7 566, 175 369, 850 +43.6 +49.2 +3.6 +5.1 4, 703, 073 2, 913, 123 4, 923, 351 3, 087, 604 +4.7 +6.0 thous. of dolls.. thous. of dolls thous. of dolls.. thous. of dolls 150, 325 118, 050 26, 075 6,200 252, 492 184, 892 34, 500 13, 600 151, 400 109, 450 35,200 6,750 146, 100 118,450 20, 400 7,250 198, 150 156, 200 29, 400 12, 550 142, 150 7 196, 325 115, 300 7 155, 700 28, 375 19,750 12, 250 7,100 +35.6 +31.9 +44.1 +73.1 +0.9 +0.3 +3.6 +2.4 1, 779, 950 1, 311, 975 291, 950 96, 525 1, 835, 747 1, 356, 242 302, 555 102, 450 +3.1 +3.4 +3.6 +6.1 268, 179 48, 550 828, 434 43, 591 41, 396 323, 748 199, 426 111, 513 43,500 428, 184 73, 370 36, 750 655, 604 94, 395 31, 281 451, 364 260, 145 125, 623 734, 081 -34.2 -15.5 +53.1 -71.8 -70.7 -10.7 1, 321, 035 1, 281, 639 673, 779 620, 120 5, 831, 799 5, 954, 655 -2.0 -8.0 +2.1 645, 883 182, 551 284, 803 38, 945 180, 716 18, 710 391, 158 37, 026 600, 473 55, 131 372, 585 78, 779 574, 380 159, 701 +53.5 +48.9 +4.5 -65.5 4, 381, 273 4, 371, 084 1, 450, 526 1, 583, 571 -0.2 +9.2 409, 611 418, 823 208, 212 115, 538 73, 892 125, 534 172, 047 256, 137 390, 610 264, 994 109, 576 341, 788 134, 568 +127. 0 +190.3 599, 513 +3.5 -55.8 1, 361, 469 4, 470, 331 2, 396, 390 +76.0 3, 558, 268 -20.4 42, 158 378, 637 190, 356 21, 241 74, 071 121, 971 18, 874 57, 598 98, 810 15, 030 64, 538 68, 374 13, 726 97, 776 32, 989 202, 239 98, 234 19, 493 200, 174 82, 659 30, 256 44, 678 57, 517 70, 194 45, 830 214, 466 114, 233 7,000 85, 627 163, 749 32, 550 311,832 +6.0 113, 368 +16.3 42, 000 73, 729 +48.9 160, 603 +133. 3 +40.8 -31.2 +0.8 83 3 +16.1 +2.0 872, 325 2, 216, 609 940, 008 375, 138 568, 037 785, 921 589, 461 2, 273, 467 1,167,311 109, 327 692, 128 1, 104, 032 10, 734 2,158 77, 198 975 9,565 964 4,095 9,733 260 11, 980 18, 061 4,834 16, 487 18, 370 9,788 52, 973 24,045 3,828 74, 936 +85.6 +37,6 -24.9 +26.3 -78.0 97, 381 55, 609 272, 944 77, 564 -20.3 22,204 -60.1 239, 211 -12.4 92, 828 16, 167 116,311 73, 088 124, 759 69, 561 +30.0 -78.0 -25.6 76 8 1, 255, 599 554, 050 1, 096, 087 -12.7 609, 889 + 10.1 16, 060 +0.7 +0.1 +11.7 +5.5 Dividend and Interest Payments Grand total... Interest payments Dividend payments: Total. . . Industrial and misc Steam railroads Street railways - New Security Issues Foreign loans in the U. S_ . thous. of dolls Foreign governments thous. of dolls Total corporation* thous. of dolls_ _ Purpose of issue — New capital* thous. of dolls.. Refunding* . . thous. of dolls Type of securityStocks* thous. of dolls Bonds and notes* Class of industryRailroads thous. of dolls Public utilities thous. of dolls_. Industrials . thous. of dolls Oil thous. of dolls Land and buildings thous. of dolls__ Shipping and misc thous. of dolls.. Bond sales (Canada): Govt. and provincial thous. of dolls _ Municipal thous. of dolls Corporation thous. of dolls.. States and municipalities: Permanent loans thous. of dolls Temporary loans thous of dolls Tax-exempt securities outstanding, end of month . mills, of dolls . 7 137, 219 44, 621 16, 847 7 45, 602 93, 437 75, 886 7 57, 014 7 7 78, 600 63, 703 7 71, 388 7 73, 419 16, 890 7 16, 911 16, 881 15, 952 2 1,2 277, 359 643, 004 a 1, 143, 130 3 609, 535 -32.4 +2.6 +24.2 -70.9 +21.8 +40.5 Agricultural Finances Loans outstanding, end mo.: Federal farm loan banks _ _ thous. of dolls.. 21,268,612 Joint-stock land banks thous. of dolls.. 2 642, 174 Federal intermediate credit 2 banks thous. of dolls 68, 978 War finance corporation thous. of dolls ._ 904 2 781 747 68, 620 583 558 3 62, 879 4,285 4,080 -0.5 -4.3 +9.1 -86.3 257. 98 119. 18 146. 71 108. 17 267. 16 121. 57 151. 24 104.82 283. 99 124. 82 154. 87 103. 31 293. 51 123. 40 154. 95 103. 19 242. 66 119.9 140.6 109.8 233. 36 117.84 130. 15 111.31 +3.4 -1.1 +0.1 -0.1 +25.8 +4.7 +19.1 -7.3 144.2 147.8 124.6 145.3 238.4 135.3 150.0 152.1 148.3 152.6 126.5 147.9 244.7 142.9 155.2 158.1 156.6 162.2 129.6 155.8 270.0 150.5 172.0 167.1 159.1 166.2 128.2 154.5 283.6 150.9 185.1 167.1 127. 128. 125. 124. 174. 128.7 115.9 130.6 126.7 127.5 124.3 124.5 173.6 127.4 115.8 131.3 +1.6 +2 5 -1.1 -0.8 +5.0 +0.3 +7.6 0.0 +25.6 +30 4 +3.1 +24.1 +63.4 +18.4 +59.8 +27.3 132.7 135.4 139.4 140.1 114.9 115.9 +0.5 +20.9 Stocks and Bonds Stock prices, average daily closing: 25 industrials, average dolls, per share. _ 252. 94 25 railroads, average dolls, per share.. 118. 64 103 stocks, average dolls, per share 147. 69 Southern cotton mills dolls, per share .. 110. 42 Stock, prices, average weekly closing:** Industrials, rails, and utilities (393) rel. to 1926. . 145.3 All industrials (325) rel. to 1926.. 148,2 Railroads (33) rel. to 1926 126.7 148.1 All utilities (35) rel to 1926 Automobiles (14) rel. to 1926 235.3 Chain stores (18) ... rel. to 1926 136.8 Copper and brass (10) rel. to 1926 147.5 Food, other than meat (23) rel. to 1926.. 152.4 Machinery and machine equipment (10). rel. to 1926. . 132.3 2 Quarter ending in month indicated. 3 Quarter ending Sept. 30, 1927. 7 Revised. t See table on p. 19 of the October, 1928, issue for earlier data. * See table on p. 25 of the November, 1928, issue for earlier data. ** See table on p. 24 of the November, 1928, issue for earlier data. j 47 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulative* shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August PER CENT INCREASE (+) OR DECREASE (— ) 1937 September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1928 1927 Perct. increase (+) or decrease (-) cumulative 1928 from 1927 BANKING AND FINANCE— Continued Stocks and Bonds— Continued Stocks, prices, average weekly closing— Contd. Oil producing and refining (16).rel. to 1926. _ Railroad equipment (9) rel. to 1926. . Steel and iron (10) rel. to 1926 Textiles (23) rel. to 1926 Theaters, motion pictures, and amusements (7) __rel. to 1926. _ Automobile tires, rubber goods, etc. (7) rel. to 1926 . Tobacco and tobacco products (10) rel. to 1926 Traction, motor transportation etc (9) rel. to 1926 Stock yields: Common per cent Preferred, high grade per cent-Stock sales, N.Y. Stock Exch.thous. of shares.. Bond sales: Miscellaneous thous. of dolls Liberty-Treasury _ thous. of dolls _. Total thous. of dolls Bond prices: Highest-grade rails p. ct of par, 4% bond Second-grade rails. _p. ct. of par, 4% bond._ Public utility p. ct. of par, 4% bond_. Industrial p. ct. of par, 4% bond Comb, price index._p. ct. of par, 4% bond_. Bond prices, 1st of following month: 5 Liberty bonds p. ct. of par 16 foreign govt. and city p. ct. of par._ Comb price index 66 bonds p. ct. of par Bond yields: Total 60 high grade per cent Railroads (15) per cent Industries (15) - -per cent__ Utilities (15) per cent Municipal (15) per cent Municipal (20) percent.U. S. Treasury notes and certificates, 3-6 months , per cent ._ Liberty and Treasury bonds per cent Long-term real-estate bonds issued: Grand total thous of dolls Purpose of issueFinance construction. __ thous. of dolls.. Real-estate mortgage. --thous. of dolls.. Acquisitions and improvements thous. of dolls Kind of structureOffice and commercial -thous. of dolls. _ Hotels thous. of dolls Apartments thous of dolls 115.7 129.5 155.8 109.6 117.0 126. 8 158. 7l 115. ll 99.3 133.5 143.6 109.1 98.2 +1.1 +19.1 125.4 -2.1 +1.1 133.7 1 +1.9 +18.7 107.6 +7.0 +5.0 116.6 135.1 136. 7 103.7 104.1 +1.2 +31.3 119.3 127.6 137. 6 128.1 125.6 +7.8 +9.6 137.6 142.5 141. 8 149.4 150.4 -0.5 -5.7 96.0 95.7 99.5 96. 3j 93.8 94.8 -3.2 +1.6 4.53 5.32 63, 741 4.56 5.40 39, 001 4.44 5.43 67, 704 74.27 5.41 90, 907 4.27 5.44 99, 077 4.90 5.45 51,918 5.02 5.45 50, 459 0.0 +0.6 +9.0 -14.9 -0.2 +96.4 470, 768 712, 279 +51. 3 246, 885 14, 517 261, 402 183,815 25, 240 209, 055 173, 561 9,988 183. 549 190, 582 10, 467 201, 049 226, 621 11, 949 238, 570 254, 987 24, 326 279, 313 258,112 13, 187 271, 299 +18.9 +14.2 +18.7 -12.2 -9.4 -12.1 2, 861, 004 245, 780 3, 106, 784 2, 382, 564 -16.7 150, 799 -38.6 2, 533, 363 -18.5 92.04 84.42 79.51 79.39 83.54 90.62 83.09 79.47 77.74 82.45 89.66 80.99 79.08 77.97 81.68 91.05 82.51 79.51 78.18 82.53 90.72 81. 98j 81.12 78.34 82. 79! 95.19 86.11 78.29 79.81 84.35 96.11 87.24 79.00 79.93 85.05 -0.4 -0.6 +2.0 +0.2 +0.3 -5.6 -6.0 +2.7 -2.0 -2.7 105. 16 104. 84 101. 14 103. 20 104. 85 100. 05 103. 88 104.77 100.36 103. 11 104. 55 100. 40 103. 85 10£. 59 100. 53 103. 68 105. 64 101. 51 103. 92 104. 65 101. 59 +0.7 0.0 +0.1 -0.1 -0.1 -1.0 4.50 4.35 4.91 4.66 4.09 4.06 4.54 4.44 4.95 4.68 4.13 4.13 4.59 4.49 4.96 4.73 4.16 4.18 4.57 4.43 4.95 4.73 4.17 4.16 4.57 4.43 4.95 4.74 4.17 4.45 4.27 4.80 4.75 3.96 3.96 4.43 4.24 4.79 4.75 3.93 3.95 0.0 0.0 0.0 +0.2 0.0 +3.2 +4.5 +3.3 -0.2 +6.1 73.92 3.40 7 4< 12 3.50 ?4.36 3.56 4.57 3.54 4.70 3.55 2.81 3.44 3.08 3.43 +2.8 +0.3 +52.6 +3 5 66, 364 48, 495 21, 947 52, 116 64, 864 42, 763 59, 092 +24.5 +9.8 491, 289 582, 953 +18.7 27, 400 6,763 18, 581 24, 079 9,970 5,590 4,460 32, 955 33, 290 11, 898 i 23, 463 5,140 35, 819 +646. 4 10, 523 -63.9 -7.1 +13. 1. 233, 468 120, 767 227, 800 -2.4 190, 227 +57.5 112.0 127.1 137.7 110.4 110.9 125.1 136.6 106.4 111.5 111.0 115.8 113.3 134.9 134.3 97.3 112.6 123.6 143.6 105.9 ! 2,610 1,510 3,252 530 1,509 3,310 525 +184,7 +187. 4 56, 878 22, 430 885 4,085 9,786 4,020 4,600 4,785 2,200 3,145 2,510 400 270 15,018 9, 900 8, 4231 19, 575 5,140 3,473 21, 980 +498. 3 -31.7 3,845 +157. 5 11,519 -26.9 161, 293 41,816 52, 244 dolls per £ sterling dolls, per franc_. -dolls, per lira. dolls per franc dolls, per guilder dolls per krone - dolls, per franc ._ 4.88 .039 .053 .140 .403 .268 .193 4.86 .039 .052 .139 . ^03 .268 .193 4.85 .039 .052 .139 .401 .268 .193 4.85 .039 .052 .139 .401 .268 4.85 .039 .052 .139 .401 .267 .192 4.86 .039 .054 .139 .401 .269 .193 4.87 .039 .055 .139 .402 .269 .193 0.0 0.0 0.0 0.0 0.0 -0.4 -0.5 -0.4 0.0 -5. 5 0.0 -0.2 -0.7 -0.5 dolls, per yen - -dolls, per rupee _ _ .466 .365 .459 .363 .451 .363 3— .303 .462 .365 .468 .363 .466 .364 +0.9 +0.6 -0.9 +0.3 dolls, per Canadian dolL. dolls, per gold peso dolls, per niilreis dolls, per paper peso. _ .998 .969 .120 .122 .998 .961 .119 .121 1.000 .959 .119 .121 1.000 .957 .119 .121 1.000 .956 .120 .121 1.001 .971 .119 .121 1.001 .972 .119 .122 0.0 -0.1 +0.8 0.0 -0.1 -1.6 +0.8 -0.8 319, 561 355, 404 342, 154 355, 744 +11.2 -0.1 51, 237 -9.9 177, 689 +10.2 44, 460 +6.3 38, 702 -25. 9 FOREIGN EXCHANGE BATES Europe: England France Italy Belgium Netherlands Sweden Switzerland Asia: Japan India America: Canada Argentina Brazil Chile U. S. FOBEIGN TBADE Imports Grand total By grand divisions: EuropeTotal _ France Germany _ Italy United Kingdom North AmericaTotal Canada South AmericaTotal Argentina.. thous. of dolls 317, 249 7 317, 788 7 346, 723 7 thous. of dolls. . thous. of dolls -thous. of dolls. _ thous. of dolls. . thous. of dolls. . 95, 565 11, 927 15, 788 8,169 27, 854 97, 688 11, 293 20, 662 6,949 28, 113 107, 863 15, 138 21, 025 6,875 27, 517 102, 523 13, 780 18, 569 6,543 26, 406 113, 446 15, 923 20, 162 8,585 29, 721 123, 659 18, 297 20, 846 11, 369 33, 119 thous. of dolls thous. of dolls. _ 73, 901 41, 015 77, 735 41, 784 78, 720 43, 240 76, 891 42, 168 77, 784 41, 902 84, 752 44, 670 thous. of dolls. . 51, 099 thous. of dolls.. 10, 319 7 Revised. 45, 644 8.119 50, 552 8.438 37,201 6.296 43,268 38, 293 8.536 10. 017 B Cumulative through Sept. 30. 3, 509, 191 3, 425, 435 -2.4 8 933, 329 8 120, 826 8 145, 797 8 78, 084 8 261, 905 88 910, 042 -2.5 112, 365 -7.0 8 8162, 522 +11. 5 70, 206 -10.1 8 257, 873 -1.5 8 742, 643 8 344, 740 8 722, 612 i -2.7 8 359, 059 8 382, 533 8 73, 994 8 435, 502 +13.8 8 79, 869 +7.9 ; +4.2 48 TREND OF BUSINESS MOVEMENTS—Continued 1938 PEE CENT INCREASE (+) OR 1937 DECREASE (— ) The cumulatives shown are through October, except where otherwise noted. Earlier data for items shown here may be found on pages 28 to 137 of the August, 1928, "Survey" June July August September October September October Oct., 1928, from Sept., 1928 Oct., 1928, from Oct., 1927 CUMULATIVE TOTAL FROM JAN. 1 THROUGH OCT. 31 1937 1938 Per ct. increase ( ) or tdecrease (-) cumulative 1928 from 1927 U. S. FOREIGN TKADE-Continued Imports— Continued By grand divisions— Continued. Asia and Oceania87, 252 100, 888 Total . thous. of dolls 89, 769 97, 355 Japan __ thous. of dolls _• * 22, 306 24, 890 38, 991 33, 679 9,472 8,782 Africa, total thous of dolls 6,968 5,257 By'classes and commodities: 'Crude materials thous. of dolls__ 109, 666 7 106, 005 7 122, 188 7 110, 237 Foodstuffs, crude, and food animals thous. of dolls.. 48, 325 43, 174 45, 939 7 37, 207 Manufactured foodstuffs.. .thous. of dolls.. 30, 005 33, 314 30, 060 33, 791 Semimanufactures thous of dolls 57, 655 7 60, 050 7 66, 380 63, 366 Finished manufactures thous. of dolls.. 71, 597 7 75, 246 7 82, 155 7 74, 960 8 1, 023, 159 8 8308, 265 71, 781 8 931, 646 8 284, 249 870,899 -8.9 -7.8 -1.2 1, 360, 747 1, 240, 428 -8.8 105, 979 35, 369 6,651 98, 994 33, 973 5,071 117, 686 130, 660 7 119, 220 +6.8 -1.3 41, 967 35, 391 71, 214 89, 147 33, 190 33, 016 63, 094 82, 194 44, 194 7 41, 347 77 67, 807 83, 173 +12.8 +4.7 +12.4 +18.9 -5.0 -14.4 +5.0 +7.2 303, 921 386, 245 630, 469 727, 806 555, 000 425, 267 7 488, 643 +31.6 +13.6 3, 966, 766 459, 926 +51.3 345, 954 -10.4 628, 968 -0.2 750, 159 +3.1 Exports Grand total, including reexports __ _ thous. of dolls By grand divisions: EuropeTotal thous. of dolls.. France thous. of dolls Germany . _ thous. of dolls . Italy thous. of dolls United Kingdom thous. of dolls North AmericaTotal thous. of dolls Canada.. thous. of dolls. _ South AmericaTotal . _ . thous. of dolls _ Argentina thous of dolls Asia and Oceania— Total thous. of dolls __ Japan thous. of dolls Africa, total . . thous. of dolls _ Total domestic exports only thous. of dolls.. By classes of commodities: Crude materials thous. of dolls__ Foodstuffs, crude, and food animals thous. of dolls _ _ Manufactured foodstuffs ...thous. of dolls.. Semimanufactures thous. of dolls .. Finished manufactures thous. of dolls .. Agricultural exports (quantities) : All commodities rel. to 1910-14 All commodities except cotton rel. to 1910-14 7 388, 563 378, 768 379, 874 7 421, 737 161, 481 15, 712 28, 365 11, 254 52, 230 152, 342 15, 918 22, 094 11, 853 52, 120 149, 183 15, 167 24, 579 9,955 52, 826 192, 861 20, 048 46, 291 14, 275 59, 173 211, 728 21, 084 51, 855 8,169 72, 483 254, 4621 29,050 62, 637 14, 494 89, 958 114, 005 81, 888 110, 590 77, 325 118, 940 85, 851 115, 621 87, 277 118, 505 85, 725 114, 543 80, 682 8 941, 333 8 629, 134 8 973, 663 8 679, 790 +3.4 +8.1 39, 005 15, 692 43, 907 16, 736 43, 766 17, 348 33, 905 11, 457 33, 884 12, 976 32, 719 13, 640 8 328, 341 8 119, 440 8 339, 145 8 125, 715 +3.3 +5.3 8 572, 362 8 183, 959 8 80, 467 4, 026, 578 +4.1 +6.4 +3.5 +3.0 947, 185 59, 973 63, 520 61, 979 21, 628 15, 517 17, 987 10, 552 8,011 9,950 380, 385 7 371, 471 7 371, 428 74, 918 17, 158 31, 222 7 63, 066 193, 941 7 60, 177 7 7 52, 375 14, 212 29,308 30, 666 7 34, 867 56, 093 61, 397 205, 019 7 198, 785 7 4, 112, 596 +3.7 8 1, 611, 028 8 1,8 591, 959 -1.2 8 148, 038 154, 238 +4.2 8 316, 538 8 297, 972 -5.9 8 86, 324 8 112, 995 +30.9 8 598, 405 8 548, 284 -8.4 71, 806 27, 542 7,544 414, 977 544, 022 52, 903 77, 031 17, 923 33,711 8,247 9, 888! 416, 472 7 480, 428 +31.1 +13. 2 s 549, 685 8 172, 839 8 77, 731 3, 907, 681 120, 187 176, 359 102, 145 7 160, 282 +46.7 +10. 0 929, 321 42, 363 35, 897 50, 994 165, 537 52, 381 51, 641 59, 992 203, 649 69, 429 38, 562 54, 791 151, 545 62, 425 45, 643 55,001 157, 077 +23.6 +43.9 +17.6 +23.0 -16.1 +13.1 +9.1 +29.6 351, 081 378, 849 584, 085 1, 664, 346 234, 566 -33.2 375, 865 -0.8 597, 610 +2.3 1, 871, 352 +12.4 910, 289 951, 088 1, 024, 608 +12.6 1, 070, 794 +12.6 7 76 64 75 138 201 142 185 +45.7 +8.6 91 84 126 168 232 211 218 +38.1 +6.4 110, 694 109, 139 103, 404 127, 369 114, 175 113, 904 106, 066 111, 856 112, 341 143, 955 91, 803 99, 335 93, 936 105, 821 +5.9 +28.7 +19.6 +36.0 +1.9 CANADIAN FOREIGN TRADE Total trade: Imports Exports thous of dolls thous of dolls 7 Revised. 8 Cumulative through Sept. 30. PUBLICATIONS OF THE DEPARTMENT OF COMMERCE Recent publications of the Department, of Commerce having the most direct interest to readers of the SURVEY off CUBBBNT ;Busb}ips& are listed below. A complete list may be obtained by addressing the Division of Publications, Department of Commerce, at Washington. Copies of the publications may be purchased from the Superintendent of Documents, Government Printing Office/ Washington, at the prices stated. If no price is mentioned, the publication is distributed free. which series have been discontinued. The articles in the journal OFFICEfOF THE SECRETARY are known as the Research Papers series and are issued sepa-r Commercial and Government Radio Stations of the United rately after jpublication in the journal. Singje copies, 25#; Slated, iv+176 pages. This publication contains list of the annual subscription, $2.75. ; commercial and government land and ship radio stations, airSame, Oct,, 1928. Pages 487-684, illus., plates. craft stations, commercial broadcasting stations, radiobeacons Same, Nov., 1928. Pages 685-866, illus., plates. I operated by the Lighthouse Service, and abbreviations used in radib transmission. Price, 150. ( BUREAU OF FISHERIES Radio Service Bulletin, Oct., 1928. 21 pages. Issued irionwy by the Radio Division of the Commerce Department. Electric Fish Screen, by F. 0. McMillari. Document No. Contains lists of radio stations and references to current radio 1042. (Prom Bulletin of Bureau of Fisheries, Vol. XLIV, litefratt^. Single copies, 5fa Annual subscription, 25$. 1928, pp. 97-128,1 illus., 2 pages of plates, 16 Charts.) Report United States Department of Commerce, Brief Description on experiments with electric screens to be placed in streams to of Activities of the Several Bureaus of Department, ii + 65 Direct the? movements of fish and prevent their destruction pages,;: 11 illus. This publication describes the activities of the through entry into irrigation canals or power jplajit currents. various bureaus and offices of the Department 6f Commerce. price, 15^. t BUREAU OF THE CENSUS BUREAU OF MINES $Tor information concerning plan of publication and distribution of census publi; ; ' , cations, address the Director of tne Census) x Eighteenth Annual Report of Director of Bureau of Mines to Secretary of Commerce for Fiscal Year Ended June 30,1&28, vi-f 57 pages, 1 chart. Price, 100. Five Hundred Tctets df Various Coals in House-Heating Boilers, by P. ^icholls, S. B. Flagg, and C. E. Augustine. Bulletin 276; iv-f-74 pages, 12 illus, A bibliography of fuels an4 heating equipment is included. I*rice, 15£. Mineral Resources of United States, 192&.-—Additional rejports released since the November announcement; ' Stocks of Leaf Tobacco, and the American Production, Imports, Exports, and Consumption of Tobacco and Tobacco Products, Bulletin 163. This report deals ^ith the stocks of leaf rtobaeco held by certain classes of manufactures of and dealers in leaf tobacco. Paper. 45 pages. Price, 10£. Financial Statistics of Cities having a Population of over 30,000, l^G.-^-Aqnual investigation of the Bureau of(- the Census, wich shoivs the financial transactions of 250 cities, the? assessed valuation of taxable property in those cities, and the taxes levied thereon; also their indebtedness and specified assets at the close of the year. Cloth. 505 pages. Price, $1.25* BUSlSAU OF FOREIGN AND DOMESTIC COM:,. MERGE ; tfhe publications, of this bureau may also be purchased from the bureau or Its , district offices Coal in 1926. (Pt. II, pp. 419^585,16 illustrations.) Price,.30^ Gold and Silver in 1926. (Pt. I, pp. 673-709.) Price, i(#. Gold, Silver, Copper, Lead, and Zinc in Arizona in 1920. (Pt. I, pp. 627672.) Price, lOji. . Mineral Resources, of United States, 1927.—The following have been released since the November announcement and may be obtained at 5# each: , Abrasive Materials in 1927. (Pt. II, pp. 91r-98.) Antimony in 1027. (Pt. I, pp. 39*49.) Asphalt and Related Bitumens in 1927. (Pt. II, pp. 67-80.) Bauxite and Aluminum in 1927. (Pt. I, pp. 7-24.) Mercury in 1927. (Pt. I> pp. 51-74.) / " , Platjnum and Allied Metals in 1927. (Pt. I, pp. 25-38.) Slate in 1927. ,(pt. II, pp. 81-90,) , Annual Report of Director of Bureau of Foreign and Domestic * Commerce to Secretary of Commerce for Fiscal Year Ended June 30, J0$8. iv+54 pages, 1 chart. Price, 50. Analyses of West Virginia Coals,—Technical Paper 405; Commerce Yearbook, 1928: Vol. II, Foreign Countries. vJ-f-751 pages, 64 illus., 10 maps. Commencing with this issue iv-f343 pages, 1 illus. Discusses the Distribution or coal in \the Commerce Yearbook will be designated by the year in which West ^Virginia, mining methods employed and transportation it is! published, and there will be lio is$ue bearing the date 1927. facilities available, with analyses of mine samples. Price, 20$, Production of Explosives in United States During Calendar This volume of the 1928 Yearbook' gives a brief review of economic conditions in 65 couptri0s and contains many sta- Year 1927, by William W. Adams. Technical Paper 435: tistical tables comparing the activities of the different countries. u*4-49 pages. Shows the production bf explosives in the United Sjtates, and the amount used by various industries in this Price, $1.25. Monthly Summary of. Foreign Commerce of United States, country and abroad. Price, 10£. Sept., iJ92$. Parts I and II. Part I contairis statistics of BUREAU OF NAVIGATION exports! of domestic merchandise, and imports by articles for Septeirjber^ 1927 and 1928, and for nine months ende4 SeptemAmerican Documented Seagoing Merchant Vessels of 500 ber, 19j?7 and 1928. Part II contains summaries of export and impprt ir&de; monthly average import and export prices: sta- Qross Tons and Over, Oct., 1928. iiH~72 pages. Published tistic^ of trade with Alaska, Hawaii, and Porto Rico. Single monthly. Single copies, 10£; annual subscription, 75$. copies, dPrirt I, lOjfc; Part II, 5^ Annual subscription, $1.25. COAST AND GEODETIC SURVEY Analyzing Retail Selling Time, Cost of Selling Commodities Over Retail Counter, by G. E. Bittner. Distribution Cost Tidal Bench Marks, State of New Jersey, by L.1 A. Cole. Studies^ ', Mo. 2; 15 pages, charts. Data regarding the salaries Publication No. 148; ii+lB pages, 2 pages of plates. and wages paid in retail stores, the amount of time spent, and Special Price, 10£. the cost of making sales, and the amount and cost of nonproLIGHTHOUSE SERVICE ductive time, ; ; Government Publications Relating to Textiles* Revised Light List, Ohio, Tennessee, Kanawha, Monongahela, and editions, ii+52 pages. This is a revision of a pamphlet issued previous^ showing all the publications issued by the Allegheny Rivers, 14th Lighthouse District, 1928, corrected to Sept. 15. 130 pages. Describes all aids to navigation maingovernment relating to textiles, Priactical Aids to American Exporters. viii-f!4 pages. This tained by the Government on the rivers named. Price, 2o£ pamphlet describes the activities of the Bureau of Foreign and STEAMBOAT INSPECTION SERVICE Botoestic Commerce in promoting foreign trade through the informational service of its various divisions and district and Bays, Sounds, and Lakes Other than Great Lakes: General cooperative offices, the trade opportunity information furnished, Rules and Regulations Prescribed by Board of Supervising and publications issued. Inspectors as Amended at Board Meeting of Jan., 1928.— j/ External Trade of Pfew England, by Robert J. Mxjpalll Domestic Commerce Series No. 22} iv+44 pages/ 20 illus. Form $OlC; yiii-f 204 pages, 6 illus. In addition to the regulagoverning equipment of vessels, there is given a list of Study of th§ movement of goocls into and out of the New tions approved vessel instruments and machines. England States by freight, express, and mail. Price, 100. Rivers: General Rules and Regulations Prescribed by Board of Supervising Inspectors as Amended at Board Meeting of BUREAU OF STANDARDS Jan,, 1928.—Form 801D; viii 4-194 pages,v 6 illus. Regula^Bureau of Standards Journal of Research, Sept., 1928. pages tions for river vessels; with list of approved equipment, and rulings in connection with handling of so-called dangerous illus., plates. This journal contains the Digitized£07-485; for FRASER formerly issued as the Technologic and Scientific papers series, articles. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis CHIEF FUNCTIONS OF THE DEPARTMENT OF COMMERCE WILLIAM F. WHITING, Secretary of Commerce WALTER F BROWN, Assistant Secretary of Commerce. AERONAUTICS BRANCH WILLIAM P. McCsACKEN, Jr., Assistant Secretary of Commerce for Aeronautics Establishment of civil airways and maintenance of aids to air navigation; inspection and registration of aircraft and licensing of pilots; enforcement of air traffic rules; investigation of accidents; encouragement of ^municipal air ports; fostering of air commerce; scientific research in aeronautics; and dissemination of information relating to commercial aeronautics. (Some of these function? are performed by special divisions of the lighthouse Service, the Bureau of Standards, and the Coast and Geodetic Survey.) BUREAU. OF THE CENSUS ' WILLIAM M. STEU ART, Director Taking censuses of population, inmates of institutions, mines aa^ quarries, forest products, and water transportation every 10 years? censuses of agriculture and electrical public utilities eyery 5 years; and a. census of manufactures every 2 years. Compilation pf statistics of wealth, public debt and taxation, Including financial^ statistics of local governments, every 10 years; annual compilation 6f financial statistics of State and municipal governments. Compilation oif statistics of marriage > divorce, births, deaths, and penal institutions annually, and of death rates in cities and automobile accidents weekly. Compilation quarterly or monthly of statistics on cotton, wool, tobacco; leather, and other industries; publication in the Survey of Current Business of monthly commercial and industrial statistics* BUREAU OF FOREIGN AND DOMESTIC COMMERCE KLEIN, Director The collection of timely information concerning world market conditions and openings tor American products in foreign countries, through commercial attache's, trade commissioners, and consular officers, and its distribution through weekly Commerce Reports, bulletin*, confidential circulars, the newp and trade press, and district and cooperative offices in 66 cities. The .maintenance of commodity, technical; and regional divisions to afford special service to American exporters and manufacturers. The compilation and distribution of lists of possible buyers and agents for American products in all parts of the world and publication of weekly lists of specific sales opportunities abroad. The publication of statistics on imports and exports. Th$ study of the processes of domestic trade ahd,eoinmerce. BUREAU OF STANDARDS QEOBCHS K» BUBQESS, Director Custody, development, and construction of standards of measurement, quality, performance, or practice; comparison of standards used by scientific or other institutions; determination of physical constants and properties of materials; researches and ^ests on materials apd processes; and publication of scientific and technical bulletins reporting results of researches and fundamental technical data. Preparation of specifications for Government purchases, through the Federal St>ecifi cations Board. Collection and dissemination of information concerning building codes and the planning and construction of houses. Establishment of simplified commercial practices through cooperation with business organizations in order to reduce the wastes resulting from excessive variety in commodities. , BUREAU OF MINES SCOTT TUBNER, Director Technical investigations in 'the mining, preparation and utilisation of minerals, including the study of mine hazards and safety methods and of improved methods in the production and use of minerals. Testing of Government fuels and management of the Gov» •rnment/Fuel Yard at Washin^tod, , , ', E*HBAIM F. MORGAN, Solicitor Research on helium and operation of plants producing it. Studies in the economics and marketing of minerals and collection of statistics on mineral resources and mine accidents. The dissemination of results of technical and economic researches in bulletins, technical papers, mineral resources series, miners' circulars, and miscellaneous publications. BUREAU OF FISHERIES HBNET O'MALLBT, Commissioner | The propagation and distribution of food fish and shellfishi in order to prevent the depletion of the, fisheries; investigation* to promote conservation of fishery resources; £he development of commercial fisheries and agriculture; study of fishery methods, improvements in merchandising and collection of fishery statistic**; administration of Alaska fisheries and fur seals; and the protection of sponges off the coast of Florida. BUREAU OF LIGHTHOUSES GEOBGU R. PUTNAM, Commissioner Maintenance of lighthouses and other aids to water navigation. Establishment and maintenance of aids to navigation along civil airways. Publication of Light Lists, Buoy Lists, and Notices to Mariners, giving information regarding these aids to navigation. COAST AND GEODETIC S0RVEY E. LESTEB JONES, Director Survey of the coasts of the United States and publication of charts for the navigation of the adjacent waters, including Alaska, the Philippine Islands, Hawaii, Porto RJco, the Virgin Islands, and the Canal Zone; interior control surveys; mag* netic surveys; tide and current observations; and selsmologica! investigations. . Publication of results through charts, coast pilots, tide tables, current tables, and special publications. BUREAU OF NAVIGATION ARTHXJB J. TTBUE, Commissioner , Superintendence of commercial marine and merchant seamen. Supervision of registering, enrolling, licensing, numbering, etc., of vessels under the United States flag, and the annual publication of a list of such vessels. Enforcement of the navigation and steamboat inspection, laws, including imposition of fees, fines, tonnage taxes, etc. STEAMBOAT INSPECTION SERVICE DICKERSON N* EOOVEB, Supervising, Inspector Genera! The inspection of merchant vessels, including boilers, huUst and life-saving equipment, licensing of officers of vessels, certification of able seamen and lifeboat men, and the investigation of violations of steamboat inspection laws. ^ UNITED STATES PATENT OFFICE THOMAS £. BOBBBTSON, Commissioner The granting oif patents and the registration of trade-marks,, prints, and labels alter technical examination and judicial proceedings. Maintenance of library with public search room, containing copies of foreign and United States patents and trade-marks. Recording bills of sale, assignments, etc., relating to patents and trade-marks. Furnishing copies of records pertaining to v patents. Publication of the weekly Official Gazette, showing the patents and trade-marks issued. RADIO DIVISION W« D. TKBHELL, Chief Inspection of radio stations on ships; inspection of radio stations on shore, including broadcasting stations; licensing radiooperators; -assigning station call letters; enforcing the terms of tne International Radiotelegraphic Convention; and examining, and settling international radio accounts.
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