Full text of Survey of Current Business : February 1925
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MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSIN FEBRUARY, 1925 Nd. 42 COMPILED BY BUREAU OF THE CENSUS BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS IMPORTANT NOTICE In addition to figures given from Government sources, there are also incorporated for completeness of service figures from other sources generally accepted by the trades, the authority and responsibility for which are noted in the (t Sources of Data" at the end of this number , ', Subscription price of the SURVEY oir CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents; quarterly issues, 20 cents. Foreign subscriptions, $2.25; single copies (monthly issues) including postage, 14 cents; quarterly issues, 31 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the SURVEY* 15.50 a year. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted , WASHINGTON 1 GOVERNMENT PRINTING OFFICE 1 ItSt INTRODUCTION The SUBVEY OF CiTRBEinr BUSINESS is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry* At semiannual intervals detailed tables are published giving, for each item, monthly figures for the past two years and yearly comparisons, where available, back to 1913. In the intervening months the more important comparisons only are given in the table entitled "Trend of business movements/' The present semiannual issue contains the complete figures for the monthly movements in 1923 and 1924 and the monthly averages for earlier years where the data are available. ADVANCE SHEETS Realizing that current statistics are highly perishable and that to be of use they must reach the business man at the earliest possible moment, the department has arranged to distribute advance leaflets almost every week, whenever sufficient material is available, to t&ose subscribers who request them* The leaflets are usually mailed on Thursdays, and give such information as has been received auriiig the preceding week. The information contained in these leaflets is also reprinted in "Commerce Reports/' issued weekly bv the Bureau of Foreign and Domestic Commerce. The complete bulletin is distributed as quickly as it can be completed and printed. numbers of less importance have been temporarily omitted (see note at bottom of p. 1). The relative numbers are computed by allowing the monthly average for the base year or period to equal 100. ff the movement for a current month i$ greater than the base, the relative number will be greater than 100, and vice versa. The difference between 100 and the relative number will give at once the per cent increase or decrease compared with the base period. Thus a relative number of 115 means an increase of 16 per cent over the base period, while a relative number of 80 means a decrease of 20 per cent from the base. Relative numbers may also be used to calculate the approximate percentage increase or decrease in a moy einent from one period to the next. Thus, if a relative number at one month is 120 and for a later month it is 144 there has been an increase of 20 per cent. INDEX NUMBERS When two or more series of relative numbers are combined by a system of weightings the resulting series is denominated an index number. The index number, by combining many relative numbers, is designed to show the trend 01 an entire group of industries or for the country as a whole, instead of for the single commodity or industry which the relative mimber covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers, BASIC DATA BUSINESS INDICATORS The figures reported in the accompanying tables 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, The diagrams on page 2 have been prepared to facilitate comparisons between a few of tne more important business movements. The lines are plotted on what are known as ratio charts (logarithmic scale) „ These charts show the percentage increase and allow direct comparisons between the slope of one 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 chart. The difference between this and the ordinary form of a chart can be made clear by an example. If a certain item, having a relative number of 400 in one 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 the preceding month. Another movement with a relative number <>f, say, 50, also increases 10 per cent, making its relative number 55. On the ordinary (arithmetic) scale this item would rise only 5 equidistant points, whereas the previous item rose 40 points, yet each showed the same percentage increase. The ratio charts avoid this difficulty and give to each of the two movements exactly the same vertical rise and hence the slopea of the two lines are directly comparable. The ratio charts compare percentage changes, while the arithmetic charts compare absolute changes. RELATIVE NUMBERS To facilitate comparison between different items and render the trend o f a movement more apparent, relative numbers (often called "index numbers," a term referring more particularly to a. special kind of number described below) have been calculated. The relative numbers enable the reader to see at a glance the general upward or downward tendency of a movement which can not so easily be grasped from the actual figures. In computing these relative numbers the last prewar year, 1913, or in some instances a five-year average, 1909-1913, has been used as a base equal to 100 wherever possible. In many instancesj comparable figures for the pre-war years are not available, and in such cases the year 1919 has usually been taken as the base. For some industries 1919 can not be regarded as a proper base, due to extraordinary conditions in the industry, and some more representative period has been chosen, In many cases relative This issue presents practically complete data for the month of December and also Items covering January, 1925, received up to February 14. As most data covering a particular1 month's business are not available until from 15 to 30 daysafter the close of the month, a complete picture of that month $ operations, including relative number*, cumulative totals, test, and charts, can not be presented in printed form under 45 days after Us closef but the advance leaflet* described above give considerable information #s enrly erst 15 day& after its close,, and present almost every week the latest data available. MONTHLY SUPPLEMENT TO C O M M E R C E REPORTS UNITED STATES DEPARTMENT OF COMMB'RCE WASHINGTON SURVEY OF CURRENT BUSINESS COMPILED BY BUREAU OF THE CENSUS : BUREAU OF FOREIGN AND DOMESTIC COMMERCE : BUREAU OF STANDARDS 1925 FEBRUARY NO. 42 CONTENTS TEXT MATERIAL Preliminary summary for January Course of business in December: General business Summary of indexes of business Review, principal branches, industry and commerce-- 1 9 10 12 GENERAL CHARTS Business indicators December wholesale prices compared with peak and pre-war _ Graphic summary of 1924; quarterly comparisons with 1923_ Production, stocks, and unfilled orders Employment, by major industrial groups Wholesale prices of raw materials, producers' goods, and consumers' goods Building contracts awarded DETAILED TABLES Page 2 4 6 10 23 12 18 GENERAL TEXT TABLES Business indicators .3 Wholesale price comparisons 5 Statistical summary of commerce and industry: 1920-1924. 7 Business summary . 9 Census of manufactures: 1923 _ . 25 Indexes of business (production, prices, sales, etc.) 26 Production, stocks, unfilled orders (Tables 1 and 2) _. Textiles (Tables 3 to 11) Metals (Tables 12 to 22) Fuels (Tables 23 to 28) Automobiles (Tables 29 and 30) Rubber (Tables 31 and 32) Hides and leather (Tables 34 to 36) Paper (Tables 37 to 39) Building construction (Tables 40 to 42) Building materials (Tables 43 to 52) Chemicals and explosives (Tables 53 and 54) Fats and oils (Tables 55 to 58) Foodstuffs and tobacco (Tables 60 to 76) Transportation and public utilities (Tables 77 to 84) Labor (Tables 85 to 90) Distribution movements and price indexes (Tables to!04)__ Banking and finance (Tables 105 to 117) Foreign exchange and trade (Tables 117 to 128) 91 Page 32 34 43 54 60 62 65 68 71 74 84 86 91 108 116 122 136 148 INDEXES Sources of data General index 160 164 PRELIMINARY SUMMARY FOR JANUARY Production in the iron and steel industry during January showed greater activity than in either the preceding month or January, 1924. Unfilled steel orders on January 31, 1925 aggregated 5,037,000 tons as compared with 4,798,000 tons on the corresponding date a year ago. Shipments of locomotives by principal manufacturers declined during January from both the previous month's total and January, 1924, while unfilled orders although less than at the close of the previous month were larger than a year ago. Construction contracts awarded in 27 Northeastern states showed a decline for January from both December, 1924, and January, 1924. Mail-order and chain ten-cent store sales declined in a seasonal movement from the December totals but were larger than a year ago, while retail department store trade was in slightly larger volume than in January, 1924. Railway freight carloadings increased over January of last year. Check payments in New York City and for the country at large increased over both the previous month and a year ago. Loans and discounts of Federal Reserve Member banks outstanding on January 31 declined from the December figures but were larger than on January 31, 1924, while interest rates on both call loans and commercial paper increased over December but were lower than a year ago. Stock transactions on the New York, Stock Exchange, increasing over the December total, were in considerably larger volume than a year ago, while prices of stocks, both railroad and industrial, averaged higher. Business mortalities increased during January both in point of defaulted liabilities and the number of failing firms. NOTE.—Owing to increases in printing costs and the growing number of new statistical series, it has been found necessary to eliminate most of the foregin comparisons and some of the less important relative numbers, and to issue the detailed tables semiinstead of quarterly. annually http://fraser.stlouisfed.org/ 27456°—25f 1 Federal Reserve Bank of St. Louis BUSINESS INDICATORS: 1920-1924 (1913 monthly averages=100. See explanation on inside frontSeover. Except for "net freight ton-miles" latest month plotted is December, 1924; November is latest plotted :.. for " net freight ton-miles ") PJGHRON PRODUCTION UNFILLED STEEL ORDERS COPPER PRODUCTION COTTON CONSUMPTION NET .FREIGHT TON*MILES 400 BITUMINOUS COAL PRODUCTION 400i BANK CLEARINGS 1 SALES, MAIL-ORDER HOUSES (VALUES) 1820 1923 i924 r WHOLESALE PRICES S920 IS2I I92E I923 1924 PRICE OF 23 INDUSTRIAL STOCKS i82Q i32; SS22 iS23 !924 BUSINESS INDICATORS The following table gives comparative relative numbers for a selected list of important business movements. It is believed that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often regarded as indicative of business in general. The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using 1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared to previous months, does reflect the present tendency in each item and will give a basis for business judgment. Where available at the time of going to press, February 14, January indicators have been included, thus bringing this table up to date. It should be noted that the charts on page 2 show December data as the latest plotted, except for freight ton-miles which show November. 1933 MONTHLY AVERAGE 1935 1934 COMMODITY 1930 1931 1932 1 1933 1934 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. 1913 monthly average =100 Production:. Pig iron.. Steel ingots Copper Cement (shipments). Anthracite coal Bituminous coal Electric energy (gross revenue sales) . Crude petroleum Cotton (consumption) Beef Pork Unfilled orders: U. S. Steel Corp Stocks: Crude petroleum Cotton (total).. Prices:l Wholesale index Retail food Retail coal, bitum Farm products Business finances: Defaulted liabilities.. Price 25 ind. stocks Price 25 R. R. stocks. Banking: Clearings, N. Y. City. Clearings, outside Com'l paper int. rate. Distribution: Imports (value) ... Exports (value) Sales, mail-order Transportation: Freight, net ton--miles. 132 166 113 124 125 139 102 108 114 113 127 87 105 100 118 144 131 70 104 127 120 151 129 80 100 115 135 166 128 122 106 100 126 132 130 173 89 74 102 104 129 197 102 78 79 81 125 203 101 76 70 74 127 225 102 81 74 101 131 228 93 87 80 112 125 228 100 103 97 123 135 231 101 117 98 123 134 139 89 102 452 313 114 139 183 466 284 99 123 205 488 273 124 137 205 472 268 109 114 177 448 288 104 115 160 429 287 103 121 145 417 298 89 135 151 399 286 75 116 154 382 295 75 132 153 386 298 77 135 115 397 288 94 146 103 426 289 114 167 118 462 272 106 149 162 68 74 75 81 83 81 71 61 65 64 56 69 60 68 82 287 126 338 112 329 169 322 167 321 149 323 132 327 113 331 92 334 74 339 59 343 45 349 44 360 84 348 161 345 193 339 193 149 142 188 124 154 146 190 134 150 146 169 132 152 151 185 133 161 150 183 135 151 149 180 134 152 147 180 134 160 144 175 128 148 141 168 128 147 141 163 127 145 142 163 128 147 143 165 130 160 144 159 137 149 147 164 129 152 149 169 136 163 150 171 137 157 152 171 139 146 229 136 64 228 169 75 197 185 72 198 198 81 217 181 70 226 187 70 225 193 73 158 192 73 428 189 74 214 183 75 160 183 75 149 187 78 161 195 82 242 205 86 160 201 85 158 202 84 136 213 92 198 231 95 238 233 96 257 275 134 205 212 118 230 230 80 226 275 90 264 283 71 229 277 92 247 301 90 262 292 88 230 256 87 249 280 83 258 278 84 263 275 77 253 266 71 268 282 64 258 265 59 245 277 67 274 314 57 284 290 59 325 317 64 339 322 66 294 331 264 140 181 188 177 154 204 212 168 259 201 185 284 195 194 306 193 206 318 198 191 271 223 177 270 215 164 279 217 168 300 203 161 243 183 148 239 185 134 196 170 160 211 192 207 279 208 255 364 198 238 351 224 214 411 232 216 308 137 105 115 139 131 140 122 126 132 133 117 124 117 121 133 143 158 139 128 120 135 99 108 98 119 64 39 107 99 87 87 114 81 131 58 85 130 144 121 153 104 118 283 178 105 119 113 312 189 97 113 117 349 224 109 126 130 407 295 117 130 160 170 90 96 102 127 155 152 198 234 153 226 203 207 205 147 153 197 116 108 184 67 101 121 130 164 99 98 285 99 116 141 134 74 97 115 97 130 273 114 85 1919 monthly average =100 Production: Lumber l 101 Bldg. contracts 72 Stocks: Beef. 66 Pork 98 Business finances: Bond prices (40 issues). 86 Banking: Debits outside N. Y. City 114 Federal ReserveBills discounted 132 Total reserves 97 Ratio 87 85 69 116 102 131 106 128 108 137 111 109 102 111 107 124 103 129 147 137 136 140 124 129 103 118 88 137 90 134 93 139 102 125 105 109 100 42 83 29 70 32 91 34 90 39 67 45 82 43 93 41 103 39 110 33 109 28 111 25 111 21 104 21 91 20 70 28 48 42 60 60 76 87 107 104 108 103 103 105 104 106 106 106 108 110 110 109 110 110 110 110 91 95 107 108 106 116 111 100 109 108 106 104 106 101 104 119 107 124 127 91 122 122 28 144 154 39 146 152 19 146 160 41 146 152 44 143 146 27 149 162 27 147 161 26 147 161 23 147 163 22 147 165 18 149 165 15 149 165 14 146 164 13 144 160 12 143 157 11 143 154 16 139 145 14 141 165 91 * Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture. 2 Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white pine. The total production of these associations in 1919 was equal to 11,518,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000 board feet reported by the census* COMPARISON OF DECEMBER WHOLESALE PRICES WITH PEAK AND PREWAR (Relative priees|1913 -100) INDEX NUMBERS 100 200 300 400 FARM PRODUCTS, AVERAGE PRICE TO PRODUCEF WHEAT CORN POTATOES COTTON COTTON SEED CATTLE. BEE? HOGS LAMBS WHEAT* SPRING WHEAT. WINTER CORN. NO.2 OAT3 BARLEY RYE, NQ.2 TOBACCO BURLEY COTTON WOOL '<$. GREASE (BOSTON) CATTLE. STEERS HOGS. HEAVY SHEEP, EWES SHEEP. LAMBS FLOUR, SPRING FLOUR, WINTER. SUGAR. RAW SUGAR, GRANULATE!? COTTONSEED OIL BEEF. CARCASS. BEEF. STEER ROUNDS HAMS, SMOKED (CHICAGO^ COTTON YARN COTTON; PRINT CLOTJHJ COTTON. SHEETING WORSTED YARN WOMEN'S DRESS GOODS SUITINGS SILK. RAW .HIDES, PACKER'S HIDES. CALFSKINS LEATHER. CHROME <BOSTON* LEATHER. SOLE, OAK BOOTS AND SHOES (BOSTON) BOOTS AND SHOES (ST. LOUIS) COAL. BITUMINOUS COAL. ANTHRACITE" COKE PETROLEUM PIG IRON. FOUNDRY PIG IRON, BASIC STEEL BILLETS. BESSEMER COPPER LEAD TIN ZINC LUMBER, PINE, SOUTHERN LUMBER. DOUGLAS FtR BRICK. COMMON (NEW YORK) CEMENT STEEL BEAMS RUBBER. CRUDE SULPHURIC AC1O 700 WHOLESALE PRICE COMPARISONS—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics; nonferrous metals from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent prices to producer or at mill. See diagram on page 4. Because of their availability at the time of going to press, February 14, the January price data have here been included, thus bringing ths§ table up to date. It should be noted that the chart on page 4 shows December prices only. ACTUAL PRICE RELATIVE PRICE (dollars) (1913 average =100) Unit COMMODITIES PER CENT INCREASE (+) OR DECREASE ( — ) January, 1925 January, Decem- JanuDecem- Janu1925 from ber, 1923 ary, 1924 ber, 1924 ary, 1925 from Decem- January, 1924 ber, 1924 December, 1924 January, 1925 1. 411 1.056 .641 .240 35.48 .0535 .0839 1.096 1.621 1.120 .702 .227 37. 50 .0563 .0931 . 1269 119 117 137 268 209 89 85 166 122 119 145 271 204 91 88 167 178 171 107 200 163 91 112 180 205 181 118 189 172 95 124 208 +14.9 +6.1 +9.5 54 +5.7 +5.2 +11.0 +15.8 +68.0 +52. 1 18 6 -30. 3 -15.7 +4.4 +40. 9 +24. 6 1. 687 1.769 1.233 .598 .935 1.404 24.50 .238 .70 9.350 9.960 7 575 15. 975 1.909 2. 006 1. 271 .596 .973 1.585 24.50 .240 .69 9.313 10. 800 8. 688 17.625 122 110 117 120 110 110 212 280 204 115 84 137 160 124 112 121 126 113 114 212 271 208 111 86 153 171 185 179 197 159 150 221 186 186 280 112 119 162 205 209 203 203 159 156 249 186 188 276 110 129 185 228 +13.2 +13.4 +3.1 -0.3 +4.1 +12. 9 0.0 +0.8 -1.4 -0.4 +8.4 +14.7 +10. 3 +68. 5 +81.3 +67. 8 +26.2 +38.1 +113.4 -12. 3 30 6 +32. 7 • 0 9 +50. 0 +20. 9 +32, 2 8.895 7.788 .053 .072 .114 .183 .125 .207 9.694 8. 805 .046 .061 ,112 .183 .133 .219 133 133 209 207 151 132 103 123 135137 192 196 152 131 106 116 194 202 151 169 158 141 96 125 212 229 131 142 154 141 102 132 +9.3 +13.4 -13.2 16 0 -2.5 0.0 +6.3 +5.6 +57. 0 Pound Yard. Yard Pound Yard. Yard Pound Pound Pound Square foot Pound Pair Pair _._ .446 .068 .108 1.950 1. 035 3.690 6.321 .174 .209 .480 .480 6.25 5.00 .437 .069 .103 1. 900 1.035 3.780 6. 076 .161 .215 .500 .500 6.35 5.00 228 236 217 212 184 239 213 74 80 163 95 201 153 223 223 220 219 184 239 202 78 83 163 98 201 153 180 196 176 251 184 239 174 95 111 178 107 201 158 177 199 176 245 184 245 167 89 114 186 111 204 158 1 7 +1.5 0.0 2 4 0.0 +2.5 -4.0 6 3 +2.7 +4.5 +3.7 +1.5 0.0 —20. 6 -10.8 -2<> 0 0.0 +2.5 -17.3 +14. 1 +37. 3 +14.1 +13.3 +1.5 +3.3 Short ton__ Long ton___ Short ton__ Barrel. 3.39 11.73 4.04 1.195 3.39 11.75 4.64 1.293 154 216 164 109 166 216 165 133 154 221 165 128 154 221 190 138 0.0 0.0 +15.2 +7.8 -7.2 +2.3 +15.2 +3.8 Long ton... Long ton... Long ton. __ Pound Pound Pound Pound 22.96 20.90 36.00 .142 .096 .565 . 078 24.14 21.88 37.00 .148 .104 .582 .081 148 142 155 82 173 105 113 151 144 155 80 188 108 116 143 142 140 91 217 126 133 151 149 144 94 236 130 140 +5.6 +4.9 +2.9 +3.3 +8.8 +3.2 +5.3 0.0 +3.5 -7.1 +17.5 +25. 5 +20. 4 +20.7 Mfeet Mfeet Thousand. _ 44.42 16.50 13.50 46.95 19. 50 14.50 183 190 290 192 212 305 193 179 206 204 212 221 +5.7 +18.4 +7.3 +6.3 0.0 -27.5 1.74 2.10 .318 .70 163 166 25 75 170 166 25 75 166 131 39 70 172 139 39 70 +3.6 +6.1 0.0 0.0 +1.2 -16.3 +56.0 -6.7 FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS Wheat Corn Potatoes Cotton Cottonseed Cattle, beef Hogs Lambs _ _ _ _ - _ Bushel Bushel Bushel Pound __ Ton Pound Pound Pound FARM PRODUCTS— MARKET PRICE Wheat, No. 1, northern, spring (Chicago) Wheat, No. 2, red, winter (Chicago) Co r n, contract grades, No. 2, cash (Chicago) Oats, contract grades, cash (Chicago) Barley, fair to good, malting (Chicago) Rye, No. 2, cash (Chicago) Tobacco, burley, good leaf, dark red (Louisville) Cotton middling upland (New York) Wool, M blood combing, Ohio and Pennsylvania fleeces (Boston) Cattle, steers, good to choice, corn fed (Chicago) H off heavy (Chicago) Sheep, ewes (Chicago) _ _ Sheep, lambs (Chicago) _ _ . Bushel Bushel _ Bushel Bushel Bushel Bushel Cwt Pound Pound Cwt Cwt Cwt Cwt FOOD Flour, standard patents (Minneapolis) . Flour, winter straights (Kansas City) Sugar, 96° centrifugal (New York) _ Sugar, granulated, in barrels (New York) __ Cottonseed oil, prime summer yellow (New York) Beef, fresh carcass good native steers (Chicago) Beef, fresh steer rounds No. 2 (Chicago) Pork, smoked hams (Chicago) _ _ Barrel Barrel Pound Pound Pound Pound _ Pound Pound -31.8 -27. 6 +1.3 +7. 6 - 3.8 -H3 8 CLOTHING Cotton yarns carded white northern mulespun 22—1 cones (Boston) Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston) Cotton, sheeting, brown 4/4 Ware Shoals L. L. (New York) Worsted yarns 2/32's crossbred stock white in skein (Boston) Women's dress goods, storm serge, all-wool, dbl. warp, 50 in. (N. Y.)__ Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (N. Y.)___ Silk, raw Japanese, Kansas No. 1 (New York) Hides green salted packer's heavy native steers (Chicago) Hides calfskins, No 1, country, 8 to 15 pounds (Chicago) Leather, chrome calf, dull or bright "B" grades (Boston) Leathf3r sole oak scoured backs, heavy (Boston) Boots and shoes, men's black calf, blucher (Massachusetts) Boots and shoes, men's dress welt tan calf (St. Louis) _ +11. y FUEL Coal, bituminous, mine run lump, Kanawha (Cincinnati) Coal, anthracite, chestnut (New York tidewater) Coke, Conneslville (range of prompt and future) furnace— at ovens Petroleum, crude, Kansas-Oklahoma—at wells METALS Pif iron foundry No 2, northern (Pittsburgh) Pig iron, basic, valley furnace Steel, billets Bessemer (Pittsburgh) Copper ingots electrolytic, early delivery (New York) Lead pig delivered for early delivery (New York) Tin pig, for early delivery (New York) Zinc slnb western (St Louis) BUILDING MATERIAL AND MISCELLANEOUS Lumber, pine, southern, yellow flooring, 1x4, "B" and better (Hattiesburg district) Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington) 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, Para Island, fine (New York) __ Sulphuric acid, 66° (New York) Barrel Cwt Pound Cwt 1.68 2.00 .315 .70 GRAPHIC SUMMARY OF COMMERCE AND INDUSTRY FOR 1924, BY QUARTERS (Bars represent percentages of increase or decrease from the corresponding periods of 1923. Where no bar appears, the movement for that period showed no change fron the corresponding period of 1923. Increases are in black and decreases in white) 75 50 25 INCREASE 0 DECREASE 25 50 75 50 25 1 ' >. L INCREASE 25 50 75 50 25 0 3D QUARTER QUARTER DECREASE INCREASE GENERAL 1 ^JDEXES ITEMS MANUFACTURING OUTPUT UNFILLED ORDERS COMMODITY STOCKS CAR LOADINGS BANK DEBITS OUTSIDE N. Y. CITY FARM PRICES WHOLESALE PRICES COST OF LIVING 2D 1ST QUARTER YEAR DECREASE 0 DECREASE 25 50 75 50 25 0 DECREASE 25 50 75 75 50 1 ' C [ [ [ LH cm c » H I L C 1 i_ d I . 1 1 •i r r m i C 1 25 50 I METAL PRODUCTION PIG IRON STEEL INGOTS COPPER ZINC LEAD TIN (CONSUMPTION) INCREASE 25 0 OF BUSINf ESS ACTIVITY ' i m 4TH QUARTER INCREASE , r• « '. r i i , , r"1 FUEL AND POWER PRODUCTION BITUMINOUS COAL ANTHRACITE COAL BEEHIVE COKE BY-PRODUCT COKE CRUDE PETROLEUM GASOLINE GAS AND FUEL OIL ELECTRIC POWER COTTON (CONSUMPTION) WOOL (CONSUMPTION) SILK (CONSUMPTION) SOLE LEATHER BOOTS AND SHOES 1 ' C L C [ , a H • i ( i i F WHEAT FLOUR TOTAL MEATS BUTTER (RECEIPTS) CHEESE (RECEIPTS) EGG (RECEIPTS) SUGAR (MELTINGS) R [ i c S • 1 , c: . , m m ' [ c c l C I c - ( , , c 1— 1 ' L BUILDING AND MATERIALS PRODUCTION BUILDING CONTRACTS (36 STATES) LUMBER (10 SPECIES) CEMENT ENAMEL BATHS (SHIPMENTS) i ' t [ ! a i i m , i m , TRAN SPORTATION PASSENGER AUTOMOBILES AUTOMOBILE TRUCKS LOCOMOTIVES (SHIPMENTS) FREIGHT CARS (SHIPMENTS) PASSENGER CARS (SHIPMENTS) 1 ' mr— L_ cz c ! a i a i_ ' i 1 ' i (VALUES) ' L a • , . , a = r^^ 1 c , , EL, . — AND EQUIPMENT TRADE WHOLESALE (6 LINES) DEPARTMENT STORES TEN-CENT STORES MAIL-ORDER HOUSES — c r FOODSTUFFS PRODUCTION c a d= I c d= c AND LEATHER PRODUCTION d , i— i ' ' • TEXTILES • i_ d d en — Bi i• , • , • en 1 c d i m c ' i m H • BANKING FEDERAL RESERVE RATIO EARNING ASSETS (F R. BANKS) LOANS, DISCOUNTS (MEMBERS) INVESTMENTS (F. R. MEMBERS) COMMERCIAL INTEREST RATES l 9 9 d & ' • dZ dZ • ' c 1 i i L i , I— STOCKS, BONDS AND CORPORATE FINANCE CALL LOAN INTEREST RATES PRICES, 25 INDUSTRIAL STOCKS PRICES, 25 RAILROAD STOCKS PRICES, 40 BONDS NEW INCORPORATIONS NEW CAPITAL ISSUES INDUSTRIAL DIVIDENDS RAILROAD DIVIDENDS l e m ( C i i ' L_ [ C I -5 B i 1 B L ,_.i ., , 1 1 ^5 50 c c , H > (1 25 0 DECREASE 1 , c c i r YEAFfc DECREASE 1ST d= TRADE AND EXCHANGE H i 1 25 50 75 50 25 INCREASE C i d . 0 25 50|75 50 INCREASE QUARTER m i i i FOREIGN EXPORTS FROM U. S. IMPORTS INTO U.S. GENERAL EXCHANGE INDEX EXCHANGE ON LONDON m , g i 25 DECREASE i C r Q . t 25 50 75 50 25 INCREASE 2D QUARTER DECREASE [ f 0 25 50 75 75 50 25 INCREASE 3D QUARTER DECREASE 0 25 50 INCREASE 4TH QUARTER STATISTICAL SUMMARY OF COMMERCE AND INDUSTRY: 1920-1924 The following table contains a review of production and distribution by principal industries and branches of commerce during 1924, with comparisons since 1920 where data are available. On page 6 is 1936 ITEM 1921 1833 1923 shown a graphic summary comparing the year 1924 with 1923; by quarters, while on page 8 is given a statistical comparison for commodity stocks and unfilled orders. mi FOODSTUFFS 1830 ITEM 1833 1923 1934 BUILDING AND BUILDING MATERIALS— continued Corn grindings thous. bu_ 60, 659 58,504 66, 794 66, 160 75, 345 Sugar meltings thous. long tons. 4,061 3,599 5,084 4,178 4, 587 Sanitary enamel ware shipments: Fish catch _ thous. lbs_ 188, 094 163, 294 195, 117 192, 274 200, 886 617 Baths. thous. pieces. Meat, inspected slaughter: Lavatories thous. pieces 617 4,985 4,474 5,006 5,170 Beef products mill. Ibs Sinks thous pieces 723 7,454 9,222 6, 459 Pork products mill. lbs_ 6, 735 441 423 418 Lamb and mutton products mill. Ibs 493 AUTOMOBILES AND TIRES 1,142 939 1,006 1,153 1,285 Cottonseed oil production mill. lbs_ 360 190 206 230 • Automobile production: Oleomargarine consumption mill. Ibs. 210 110 ¥7 heat flour production mill, bbls Passenger cars thousands 121 126 127 133 1,833 Trucks.. thousands322 Rubber tires: TEXTILES Consumption: Pneumatic tires thousands Wool thous Ibs Solid tires thousands 656, 807 654, 125 641,607 537, 760 Cotton thous. bales 5,843 6,088 6, 521 5, 512 Inner tubes thousands 5,407 Silk _ thous. bales 196 323 368 358 366 Production, fine cotton goods TOBACCO 3,955 4,629 ... thous. pieces 5,265 4,251 4,246 Production: Large cigars _ millions 7, 937 METALS Small cigarettes millions 44, 622 Production: Manufactured tobacco and snuff Iron ore thous. tons. 56, 643 22, 586 42, 157 59, 200 42, 452 mill Ibs 400 Pig iron thous. long tons. 36, 414 16, 514 26, 880 40, 039 31, 088 Steel ingots thous. long tons 40, 881 19, 235 34, 568 43, 486 36, 645 MISCELLANEOUS Steel sheets thous. tons. 2,058 1,025 2. 290 2, 675 2,638 Steel furniture thous. dolls 17, 659 11, 328 12,928 16, 834 17, 381 Production: Tin (consumption).,. thous. long tons51 57 70 64 26 Sole leather _ thousands 18, 423 Production: Newsprint paper __thous. tons. 1,512 1,209 988 472 1, 588 Wood 1,478 chemicals: Zinc.. _._ mill. Ibs. 1,062 960 747 1,072 431 141, 978 Sales: Methanol thous. galls. 7,464 1,161 1,923 758 2, 175 2,381 Naval stores, receipts: Steel castings _ .thous. tons. 795 793 895 288 773 Rosin RAILWAY EQUIPMENT Locomotive shipments Freight car orders 1S31 number number 2,392 80, 004 1,274 1,344 3,189 1,465 22, 050 180, 465 103, 487 144, 405 Sales: PRODUCTION OF FUEL AND POWER Coal: Anthracite thous tons Bituminous _ .. thous. tons Coke: Beehive.. _. thous. tons By-product thous tons Petroleum products: Crude petroleum mill bbls Gasoline.. mill, galls Kerosene mill galls Lubricants mill, galls Electric power (central stations) : Total mill kw hrs By water power. mill. kw. hrs By fuels mill kw hrs 89, 598 90, 473 52, 539 95, 444 90, 214 568, 667 415, 922 404, 514 564, 157 468, 964 20, 980 30, 780 5,653 19, 918 8,039 28, 497 17, 960 37, 527 9,687 33, 769 443 4,883 2,320 1,047 472 5,154 1, 945 878 551 6, 202 2,306 979 732 7,556 2,349 1,097 707 3,954 2,521 1,067 43, 555 16, 150 27, 405 41, 270 14, 940 26, 330 47, 703 17, 251 30, 452 55, 928 19, 616 36, 312 401 2, 533 387 2,360 573 3, 353 592 3,494 605 3,880 4,296 4,664 631 700 1,614 402 327 410 483 115 129 125 4,505 8,573 475 469 893 362 206 343 410 104 149 101 5, 180 6,283 588 797 1,448 656 282 318 534 151 275 138 5, 402 6, 104 639 1,223 1, 751 579 313 449 618 159 361 141 5,440 5, 888 578 1, 153 1,651 590 245 400 1 516 130 418 103 729 179 220 384 63 196 558 133 270 724 157 276 662 169 288 thous. bbls 262 828 498 698 797 898 1,098 1,125 1,085 1,255 1,370 1,148 1,323 1,445 1,535 147 2,340 346 3.637 '376 3,202 '362 21, 820 424 27, 102 30, 698 787 38, 137 33 944 684 45, 087 38. 667 564 42, 945 6, 798 50, 835 6,893 53, 565 6, 999 64, 451 6, 658 71, COS 386 420 412 413 17,841 1,226 17, 735 1, 448 18, 732 1, 489 14, 645 1, 471 58, 616 125, 345 164, 396 128, 942 3, 734 6, 809 8, 594 6, 893 266 799 261 997 319 1,171 309 1, 108 DISTRIBUTION 4 Mail-order houses 5 Ten-cent chains 28 Grocery chains _ Advertising, agate lines: Magazine Newspaper (22 cities) Postal receipts (50 cities) Foreign trade of U. S.: Exports Imports thous. dolls. 452, 321 314, 275 344, 339 433, 177 461, 048 thous. dolls 245, 891 253, 915 286, 505 338, 043 378, 883 thous. dolls 498, 414 443., 618 516, 029 037, 103 724, 752 mill lines mill, lines mill, dolls 28 1, 145 248 18 1, 031 249 19 1, 091 275 23 1,167 301 24 1, 158 316 mill dolls mill, dolls 8,228 5,279 4,485 2,509 3,832 3,182 4,167 3,792 4, 588 3,611 205 226 203 116 147 153 124 149 142 134 154 146 132 150 146 225 3,888 774 171 3,466 1, 383 261 4,121 1, 280 236 2,735 1,135 282 3, 784 1, 447 55.94 107. 21 59.70 53. 21 79. 38 60. 15 62.38 98, 58 74.11 00 15 107. 78 71.72 67. 18 115. 08 74.32 5,739 6,697 5,863 5,687 6, 308 6, 383 6, 87S 7,828 7, 334 9,109 PRICE INDEX NUMBERS (Monthly averages) Farm Drices 1913—100 1913 100 58, 996 Wholesale prices (404 items) 1913 —100 20, 006 Retail food prices (22 items) 38, 990 BANKING AND FINANCE BUILDING AND BUILDING MATERIALS Contracts awarded (27 States): Total floor space mill. sq. ft Total value... __ mill, dolls Lumber production: Southern pine.mill. b. ft Douglas fir _ . _ _ mill. b. ft California redwood mill, b ft California white pine mill b ft Western nine _. mill. b. ft North Carolina pine mill b. ft Northern hemlock mill. b. ft Northern hardwoods mill. b. ft Northern pine lumber mill. b. ft_ Northern pine lath mill. b. ft Oak flooring _ mill. b. ft Maple flooring . ._ mill. b. ft Brick production: Clay fire brick mill, brick Silica brick .. mill, brick Face brick mill, brick Cement: Production thous. bbls Shipments thous. bbls. 99, 674 95, 985 98, 293 113, 870 137, 377 148. 859 95, 051 116, 563 135, 887 145, 747 Securities: SalesStocks (shares) mill, shares Bonds, total mill dolls Bonds, municipal mill, dolls. Prices, monthly average — 25 railroad stocks dollars 25 industrials dollars 40 bonds p ct of par Banking and insurance: Savings deposits mill dolls Life insurance, new mill, dolls Debits to individual accts. — Outside N.Y. C mill, dolls. New York City mill, dolls Bank clearings — Outside N. Y. C _ _ mill, dolls. New York City mill, dolls Interest rates, mo. aves.-— Call loans per cent Commercial paper . per cent. Business failures: Liabilities mill, dolls Firms _ number. 240, 804 190, 968 203, 244 226, 152 227, 951 241, 044 207, 096 239, 856 239,392 263, 531 189, 612 146. 544 159, 372 182, 532 194, 966 243, 132 144, 328 217, 896 213, 996 249, 869 7.82 7.34 6.02 6.55 4.44 4.40 4.84 4.99 3.17 3.91 295 8,881 627 19, 652 618 23, 676 539 18, 714 543 20,615 8 STATISTICAL SUMMARY OF COMMERCE AND INDUSTRY: 1920-1924—Continued STOCKS OF COMMODITIES HELD AT END OF YEAR November December November December November 19 33 19 S3 19 21 19 89 COMMODITY November December 19^ 4 Novem- December ber December FOODSTUFFS Beef products Pork products L?>mb and mutton Sugar (raw) Cottonseed oil Wheat (visible) Wheat flour Corn (visible) Oats (visible) Butter Cheese Eggs Poultry Fish ! Coffee Apples . _ ._ Rice (domestic) 112, 166 463, 360 56, 702 85, 527 169, 343 48, 406 6,776 5,936 34, 414 79, 750 39, 921 1,824 49,046 67, 549 1,696 6,787 2,339 142, 813 593, 299 68, 032 98, 996 156, 089 47, 797 5,300 6,267 32, 194 58, 682 34, 115 408 79, 025 65, 841 1,619 6,386 2,923 80, 333 397, 590 7,520 82, 253 111,508 54, 407 9,241 16, 746 69, 198 65, 129 34, 055 .2,403 65, 167 61, 228 1,298 5,739 1,129 84, 808 462, 637 6,444 62, 419 99, 669 56, 776 7,776 25, 670 67, 728 48, 412 27, 691 889 103, 697 59, 126 1,616 5, 429 1,258 95, 628 452, 005 3,633 69, 185 115, 247 39, 764 9,100 12, 034 32, 940 47, 773 37, 291 3,257 51,781 54, 503 957 6,743 2,004 116, 255 619, 317 4,523 44, 828 106, 988 43, 856 7,700 17, 776 32, 391 26, 819 33, 617 1,311 100, 170 48, 689 976 6,481 2,326 93, 144 620, 217 2, 015 58, 189 139, 763 82, 269 7,900 3,254 18, 686 51, 508 55, 105 4,028 63, 274 63, 458 884 10, 099 1,735 thous. of bales.. . bales 6,219 48, 357 6,875 44, 536 6,948 19, 601 6, 945 24, 804 5,922 47, 159 5,987 49, 174 thous. of bbls number . thous. of gals thous. of gals.. thous. of gals thous. of gals.. 139, 234 86 354, 836 398, 992 808, 803 142, 181 142, 442 92 462, 382 393, 071 837, 404 160, 522 178, 260 116 496, 590 340, 026 1, 279, 451 228, 038 185, 623 120 586, 087 341, 009 1, 331, 265 216, 766 265, 017 147 776, 724 257, 879 1, 352, 348 226, 430 thous. of long tons . thous. of Ibs long tons 38, 369 128, 780 2,966 38,047 142, 116 2,856 38, 369 134, 098 1,316 35, 896 133, 216 1,696 1 332 138 1, 320, 649 "M ft b m M ft. b. m 36, 850 38, 257 M ft. b. m 27, 520 36, 255 _ .thousands.. 33, 755 35, 080 thousands 61, 603 66, 761 4,554 8,691 thous. of bbls 58, 221 number 25, 929 45, 291 37, 291 number.. number 48, 787 63, 453 .barrels 49, 209 53, 356 300, 315 barrels 247, 253 1, 087, 727 20, 922 28, 383 41, 379 63, 327 9,091 40, 667 100, 912 114, 830 63, 913 307, 496 1 125 979 21, 763 30, 865 38, 812 70,314 11, 938 53, 140 111,834 133, 014 66, 965 336, 680 23, 127 23, 934 thous. of lbs__ thous. of lbs._ thous. of lbs__ . long tons.. thous. of lbs._ thous. of bush__ thous. of bbls thous. of bush.. _ thous. of bush.. thous. of lbs._ thous. of Ibs thous. of cases thous. of Ibs thous. of Ibs . thous. of bags _ _ _ thous. of bbls_. thous. of pockets.. 758, 211 100, 336 462, 534 142, 862 703, 224 2,988 57, 929 140, 981 84, 030 7. 100 34, 972 106, 795 105, 533 9,683 7,700 8,072 36, 922 105, 520 96, 114 19, 940 30, 299 49, 566 1,927 93, 434 64, 290 712 67, 265 ICO, 743 58, 718 3,101 87, 975 70, 398 19, 693 72, 128 65, 657 49, 182 1,509 133, 589 68, 760 105, 577 3,432 2,508 9,696 6,700 70, 519 6, 696 2,011 2,265 2,347 5, 214 35, 398 5,140 40, 959 5,961 55, 516 61, 533 264, 578 143 883, 793 281, 050 1, 304, 728 235, 735 335, 741 160 985, 046 239, 114 1,499 926 231, 335 338, 277 157 1, 074, 900 283, 196 1, 515, 035 242, 785 362, G51 164 1, 133, 169 337, 448 1,641 090 242, 246 355, 889 158 1, 179, 503 338, 826 1, 670, 509 257, 336 44, 004 38, 994 2,699 39, 866 36, 504 3, 704 42, 836 61, 808 1,072 38, 635 75 156 1,652 40, 728 53 824 36, 360 42, 416 1, 274, 418 19, 132 23, 908 42, 278 54, 689 5,320 34, 370 64, 462 64, 822 40, 161 352, 465 1 218 8^3 21, 230 25,156 45, 072 61, 908 9,267 37. 886 67, 618 70, 491 44, 774 349, 917 1 115 880 1 110 704 41, 140 41, 467 22 159 24, 239 41, 261 43, 757 49,303 56, 436 6,991 10 900 43, 557 37, 342 69, 412 84, 373 82, 147 67, 265 50, 318 39, 221 346, 220 316, 820 1 026 246 41 795 22, 931 34, 990 58, 304 8 928 90, 01 2 171, 999 228, 438 51, 489 228, 673 1 041 774 43, 823 25, 992 36, 512 19, 651 19, 208 25, 062 23, 838 1,724, 767 1,239, 936 1, 713, 670 1, 266, 082 371, 043 CLOTHING MATERIALS Cotton mills and warehouses _. Silk, raw 5,943 FUELS Crude petroleum: Quantity Days' supply Gasoline Kerosene Gas and fuel oil Lubricating oil METALS Iron ore.. ._ Zinc Tin, New York .. 2,089 2,844 CONSTRUCTION MATERIALS Yellow pine Oak flooring Maple flooring.. Silica brick_ _ __• Face brick . __ Cement Baths (enamel) Lavatories (enamel). Sinks (enamel) . Turpentine... _ R osi n 71,498 13 857 104, 301 196, 324 251, 448 61,379 256, 482 I PAPER Newsprint (at mills) short tons 20, 266 24, 763 thous. of Ibs 2 1,271, 525 thous. of lbs_. 2 849, 199 .thous. of Ibs. _ 2 331, 849 1, 446, 914 1, 061, 696 297, 472 24, 040 23, 669 1, 491, 301 2 1 562 225 1, 068, 042 2 1,086, 985 2 346, 604 393, 489 1, 651, 930 1, 219, 694 358, 256 TOBACCO Total Chewing, smoking and snuff Cigar types 1 2 2 1,547,410 1,136,484 338,202 2 439 1,561,848 ! 2 1,457, 2 1, 174, 808 993, 398 2 382, 586 313, 316 2 Monthly average, 1919. 2 2 2 407, 066 Quarter ending Sept. 30. UNFILLED ORDERS FOR SPECIFIED COMMODITIES JUNE 30— DECEMBER 31 — COMMODITY Unit Sheets, blue, black, and galvanized Steel (U. S. Steel Corp.)_ Locomotives _ _. Oak flooring Maple flooring Clay fire brick.__ _ Face brick Baths (enamel) , Small ware (enamel) Short ton Thous. long tons.. Number M feet b m M feet b. m Thousand .. Thousand _ Number Number 1931 1932 202, 191 5,118 245 11, 095 10,311 34, 365 23, 276 61, 344 173, 151 437, 853 5,636 596 38, 434 26, 193 56, 830 43, 283 177, 197 486, 331 1933 503, 175 6,388 1,958 38, 530 28, 265 93, 285 54, 128 286, 888 1, 108, 045 1934 1931 1923 1933 1924 246, 810 3,263 531 50, 189 25, 406 62, 920 43, 650 181, 907 458, 182 141,047 4,268 265 20, 888 13, 894 23, 108 14, 228 29, 987 93, 744 505, 766 6,746 1,592 40, 925 22, 324 67, 400 26, 388 205, 659 647, 839 445, 167 4, 445 387 47, 700 15, 375 59, 107 25, 641 203,329 712, 620 663, 460 4,817 431 53, 295 12, 735 67, 823 22, 499 89, 402 254, 625 i Percentage change Dec. 31, 1924, from June 30, 1924 +168. 8 +47.6 -18.8 +6.2 -49.9 +7.8 -48.5 -50.9 -44.4 BUSINESS SUMMARY [Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enable comparisons to be made of the relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this summary are given in the table entitled "Indexes of Business," beginning on p. 26. Numerical data on electric power, building construction, factory . employment, and the transportation situation may be found in the detailed tables beginning on page 32. PRODUCTION: Manufacturing (64 commodities) Raw materials, total Minerals Animal products _ _ Crops _- _ _ Forest products 1933 1924 119 113 113 PER CENT INCREASE (+) OB DECREASE (— ) 1933 im Novem- December ber Septem- October Novem- December ber ber YEARLY AVERAGE December from November December, 1924, from December, 1923 135 117 102 121 119 124 117 118 115 113 141 136 123 158 119 105 129 125 129 133 104 114 152 131 110 193 118 121 179 138 112 246 122 110 155 119 125 195 112 110 142 123 138 158 88 0.0 -8.4 + 3.4 + 10.4 -19.0 -21.4 + 4.8 + 10. 1 -1. 6 + 7.0 + 18.8 -15. 4 ELECTRIC POWER PRODUCTION 144 152 149 153 148 160 156 170 + 9.0 + 11.1 BUILDING AWARDS (FLOOR SPACE) 106 108 111 102 93 102 105 100 -4. 8 -2.0 STOCKS OP COMMODITIES (45 commodities) : Unadjusted index Corrected for seasonal variation l 119 119 135 135 132 122 135 125 127 135 142 137 146 136 155 145 + 6.2 + 6.6 + 14.8 + 16. 0 UNFILLED ORDERS (relative to 1920) _ 74 52 53 58 46 43 53 62 + 17.0 + 6,9 SALES (based on value) : Mail-order houses (4 houses)- __ Ten-cent chains (5 chains) Wholesale trade Department stores (359 stores) _ 99 165 83 124 105 185 82 125 122 176 85 142 118 331 72 202 106 169 92 119 141 203 95 141 131 199 84 141 148 366 79 210 + 13. 0 + 83. 9 -6. 0 + 48.9 + 25.4 + 10. 6 + 9. 7 + 4.0 PRICES (recomputed to 1919 base) : Wholesale, all commodities Retail food _„_ _ _ 75 78 73 78 74 82 73 81 72 79 74 80 74 81 76 82 + 2.7 + 1.2 + 4.1 + 1.2 COST OF LIVING (1919 base) 96 97 96 96 95 96 96 97- + 1.0 + 1.0 FACTORY EMPLOYMENT (1919 base)_ _ _ _ 93 84 92 90 81 81 81 82 + 1.2 -8.9 115 119 25 108 116 139 116 116 92 101 119 189 118 148 70 131 126 59 115 117 111 106 125 161 -7.3 + 6. 8 + 45.0 + 5.0 + 5. 0 -14.8 _ TRANSPORTATION : Net freight ton-mile operation Car loadings (monthly total) Net available car surplus (end of mo.) _ _ i Comparable data back to 1919 were published in April, 1924, SURVEY, p. 28. COURSE OF BUSINESS IN DECEMBER GENERAL BUSINESS Taking account of the increased number of working days, manufacturing production in December declined slightly from November but was slightly larger than a year ago. Such basic industries as pig iron, steel ingots, cotton and woolen manufacturing, zinc, lead, bituminous coal, leather, newsprint paper, box board, and brick, showed increases in production both over November and a year ago, while anthracite coal, enamel ware and petroleum increased over November only. Copper, cement, wheat flour, and cottonseed oil production declined from November but increased over a year ago, while automobiles declined in output from both previous periods. Building construction awards declined from a year ago but electric-power production increased. Commodity stocks increased over November and over a year ago and unfilled orders for iron and steel and building materials also increased over both periods. Wholesale trade showed a seasonal decline from November but increased over a year ago, while retail trade for the holiday month showed increases over December, 1923, for mail-order houses, department stores, and all chain stores except music and cigar chains. Check transactions were larger than in either November or a year ago while loans and discounts of Federal reserve member banks continued to increase. Car loadings numbered more than in December, 1923. The price levels at points of production, at wholesale and at retail, showed increases over both November and a year ago. Factory employment was higher than in November, declining from a year ago. Failures in December exceeded both the previous month and a year ago in both number and liabilities except that liabilities were less than a year ago. Import trade increased over both periods while exports increased over a year ago only. 10 SUMMARY OF INDEXES OF BUSINESS textiles, leather, paper and printing, and chemical and oil groups, all other groups showing declines. ComThe output of manufactured goods in December, pared with a year ago, a greater production of goods as measured by the index of 64 commodities based was noted in all groups except foodstuffs, metals other on the 1919 monthly average as 100, stood at 110 j than iron and steel and the miscellaneous group, as compared with 110 in November and 105 a year which represents mainly the automobile and tire ago. When account is taken of the varying number industries. Increases of over 10 per cent over a year of working days in each month, however, thus show- ago were made in the textiles, iron and steel, chemiing the actual rate of production, the December cals and oils, stone and clay, and tobacco groups. index of 110 compares with 114 in November and For the year 1924 as a whole, the manufacturing 109 in December, 1923. Actual production in De- production index stood at 113, as compared with cember made a large increase over November in the 119 in 1923, and 101 in 1922, and the low point of iron -and steel industry and smaller gains in the 77 in 1921. PRODUCTION RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES pg^ fl920 ^monthly liverage=lGO. It is to be noted that for the first time this chart shows stocks of manufactured commodities only, while adjustment has been made for both ' ' and" pr< production for their respective seasonal movements. Unfilled orders are principally those for iron, steel, and building materials) stocks 160 PRODUCTION 64 COMMODITIES UNFILLED ORDERS 8 COMMODITIES The index showing the output or marketings of raw materials stood at 142 in December, based on the 1919 monthly average as 100, as against 129 a year ago. - For the year 1924 as a whole, the raw material index stood at 119, as compared with the 1923 index at 113 and the 1922 index at 108. The index of mineral production for December, based on 1919 output as 100, stood at 123, as against 119 in November and 125 a year ago. Outside of declines in iron ore and gold, both of which were largely due to seasonal conditions, the only decrease from November occurred in copper production. Compared with a year ago, however, ^large increases in lead and silver output and a small increase in copper were counterbalanced by slight declines or no change in the other commodities. The yearly index of mineral production stood at 124 in 1924 as compared with 135 in 1923. The index 'of marketings of animal products stood at 138, based on 1919 as 100, as compared with 125 in November and 129 a year ago. All animal products gained in marketings over November except cattle, sheep, and fish, while compared with a year ago all products except eggs showed increases in marketings. For the year 1924, the animal marketings index stood as 117, the same as in 1923. The crop marketings index, relative to 1919 as 100, stood at 158 in December as against 133 a year ago. Marketings in all groups declined from November in a seasonal movement, but increased over a year ago for all groups except fruits and miscellaneous. The index for the calendar year 1924 averaged 118, as against 102 in 1923 and the previous high record of 113 in 1922. The forest products production index, relative to 1919 as 100, stood at 88 in December as against 112 in November and 104 a year ago. For the year 1924 the index averaged 115, as against 121 in 1923. COMMODITY STOCKS The index of commodity stocks adjusted for seasonal variation stood at 145 at the end of December, based on the 1919 average as 100, as against 136 at the end of November and 125 a year ago. Allowing for seasonal conditions, all groups of stocks increased over November except manufactured commodities, and all increased over a year ago, the increase in raw materials and raw foodstuffs being particularly marked. Average stocks for the year 1924, according to this index, stood at 135, as compared with 119 in 1923. SALES The unfilled-order index of 8 basic commodities in the iron and steel and building material industries stood at 62 in December, based on 1920 as 100, and 58 a year ago, the iron and steel group standing at 49 in comparison with 42 in November and 45 a year ago, while the building material group at 114 compared with 99 in November and 109 a year ago. Wholesale trade in December stood at 79, based on the 1919 average as 100, as compared with 84 in November and 72 a year ago. Total wholesale trade for the year 1924 averaged 82, according to this index, as compared with 83 in 1923, groceries, drugs, and me$ts showing an increase, while hardware, shoes, and dry goods declined. Mail-order house sales in December stood at 148 on a 1919 basis as 100, comparing with 131 in November and 118 a year ago. For the year 1924, sales of mail-order houses averaged 105, as compared with 99 in 1923. Chain-store sales made the usual December peak and increased over December, 1923, for all groups except cigar and music chains. For the year 1924, sales of all groups increased over a year ago except music chains. Department-store sales also increased over December, 1923, and the year's total was slightly larger than in 1923. PRICES Prices received by producers of agricultural commodities averaged 139, taking the 1909-1914 average as 100, as against 137 in November and 135 a year ago. The grain, fruit, and vegetable and dairy and poultry groups rose from November, while the meat animals, cotton and cottonseed, and the unclassified groups declined. Compared with a year ago, the only declines occurred in the fruit and vegetable and cotton and cottonseed groups. Wholesale prices, according to the Department of Labor index, based on 1913 as 100, stood at 157 in December as against 153 in November and 151 a year ago. Increases occurred over November in all groups except house-furnishing goods, which remained unchanged. Compared with a year ago, farm products, food, fuels, chemicals, and miscellaneous groups were higher, while clothing, metals, building materials, and house furnishings declined. The average price index for 1924 was 150, as compared with 154 in 1923, all groups showing a lower annual average than in 1923 except farm products, which increased, and food, which remained unchanged. As regrouped by the Federal Reserve Board, all groups increased over November and all but forest products and consumed goods over a year ago. The commercial index numbers also showed increases over both periods. Eetail food prices, based on 1913 as 100, stood at 152 in December, as against 150 both in November and a year ago. The cost of living index, based on July, 1914, as 100, stood at 166 in December, as against 165 in both November and a year ago. Food and fuel increased over November, the other groups remaining unchanged. The quarterly Department of Labor index, based on 1913 as 100, stood at 172^ for December, as against 173 a year ago, food and housing increasing, clothing, fuel, and furnishings declining, and the miscellaneous group remaining unchanged. This index averaged 171 in 1924, the same as in 1923, increases in the housing and miscellaneous groups counterbalancing declines in the other groups. EMPLOYMENT The index of factory employment, based on the 1923 monthly average as 100, stood at 89 in December, as compared with 88 in November and 97 a year ago. Increases in employment over November occurred in all groups except stone, clay, and glass and tobacco, which declined, and lumber and leather, which remained unchanged. Employment in all groups was less than a year ago except for paper and printing, which remained the same. For the year 1924, the employment index averaged 90 relative to 100 for 1923, with the paper and printing group again showing no change and others declining. 12 WHOLESALE PRICES FOF "RAW ^MATERIALS;*7 PRODUCERS' GOODS, AND CONSUMERS' GOODS (1913 average prices taken as 100. December, 1924, is latest month plotted) 1913 MONTHLY 'AVERAGE REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE TEXTILES The December wool receipts at Boston were larger than in the previous month or a year ago, both for domestic and foreign wool. Total receipts for 1924, however, were less than in 1923, although domestic wool receipts were larger. Imports of raw wool in December were almost twice as large as the November imports and almost three times as large as a year ago. Imports for the year 1924 were one-third less than in 1923. Wool consumption by textile mills increased about 5 per cent over November and was about 10 per cent larger than a year ago. For the year 1924 wool consumption as reported was about 15 per cent less than in 1923. Activity of woolen machinery in December was about the same as in November and greater than a year ago. Prices of raw wool and of worsted yarns averaged higher than in November and also exceeded a year ago. Dress goods and suitings were unchanged from both periods. Receipts of cotton into sight were over 40 per cent above those in December, 1923. Imports of cotton were also larger than a year ago as well as above November. Exports of cotton declined from November but were over 25 per cent greater than a year ago, and for the calendar year 1924 exceeded 1923 by almost 30 per cent. .Stocks of cotton at mills and warehouses underwent a slight decline in December but were 800,000 bales higher than a year ago, an increase of about 15 per cent. The world visible supply was also larger than a year ago. Cotton consumption by textile mills increased 8 per cent over November and was 15 per cent larger than a year ago. Total consumption of cotton for 1924 was 5,512,235 bales, a decline of slightly over 1,000,000 bales from the 1923 consumption, or about 15 per cent. Cotton-spindle activity was at 90 per cent of capacity in December as against 87J^ per cent in November and 87 per cent a year ago, but the number of active spindles was less than a year ago. Operations at cotton-finishing plants were at 67 per cent of capacity in December as against 58 per cent in 13 November and 63 per cent a year ago, the operations for 1924 averaging 58 per cent as against 68 per cent in 1923. Billings, orders, shipments, and stocks at finishing plants were all larger than in November but less than a year ago, except for an increase over December, 1923, in new orders. Total billings, orders, and shipments for 1924 each' declined about 15 per cent from the 1923 totals. Exports of cotton cloth declined from November but increased over a year ago. For the calendar year 1924, exports were slightly higher than in 1923. Fall River mill dividends averaged 6^/2 Per cent on capitalization for the year 1924 as against 8 per cent for 1923. CONSUMPTION AND EXPORTS OP RAW COTTON (December, 1924, is latest month plotted) WOO The price of cotton to the producer was higher on December 15 than a month before, but lower than a year ago. The market price of raw cotton averaged slightly less than in November and considerably lower than a year ago. Cotton yarns were unchanged from November, and print cloths and sheetings slightly higher, all being below a year ago. Prices of all classes of cotton and cotton goods averaged slightly lower in 1924 than for the year 1923. Imports, warehouse deliveries, and stocks of silk all increased over the previous month and a year ago. For the year 1924, imports totaled slightly less than in 1923 and deliveries were slightly larger. The price of raw silk averaged higher than in November but lower than a year ago. Activity of broad-silk looms and spindles was greater than in November, while naiTOw-loom-aetivity declined. Imports of both burlap and unmanufactured fibers increased over November but declined from a year ago, and for the year 1924 showed a slight decline from the 1923 figures. Shipments of pyroxylin-coated textiles declined from November and from a year ago, while unfilled orders and the spread of pyroxylin increased over November and declined from a year ago. AND STEEL Total shipments of iron ore from the Lake Superior district in 1924 declined almost 30 per cent from. 1923. Consumption by furnaces increased in December over both the previous month and a year ago, but for the year 1924 consumption declined about 25 per cent. Stocks of ore at both furnaces and Lake Erie docks declined from the previous month and a year ago. The output of pig iron in December showed an increase of 18 per cent over November and was slightly higher than a, year ago. The total output for the year 1924 amounted to 31,088,292 tons, a decline of 22 per cent from 1923. The number and capacity of furnaces in blast increased during December and at the end of the month were about the same as a year ago. Pig-iron prices averaged higher than in November but slightly less than a year ago. The output of steel ingots was almost 15 per cent higher than in November and totaled 36,645,444 tons for the year 1924, a decline of about 16 per cent from 1923. Bookings of steel castings were about 30 per cent larger than in November and over twice as large as a year ago, the total for the year showing a decline of about 15 per cent from 1923, although railroad specialties showed a slight increase in bookings. Unfilled orders of the United States Steel Corporation increased almost 20 per cent over the end of November and were 8 per cent higher than a year ago. Production, stocks, shipments, and unfilled orders of independent sheet manufacturers increased over November and sales declined, the mills operating at 83 per cent of capacity in November as against 80 per cent in November and 59 per cent a year ago. Production, shipments, sales, unsold stocks, and unfilled orders, were all larger than a year ago, while total stocks were 17 per cent less. For the entire year 1924 production was 1 per cent less than in 1923, shipments 8 per cent less, and sales 5 per cent greater, while operations averaged 74 per cent of capacity as against 80 per cent in 1923. Prices of steel averaged* slightly higher than in Noveimiber but about 10 per cent lower than a year ago. Exports of iron and steel increased slightly over November but were one-third less than a year ago, while imports were twice as large as in either period. Compared with the year 1923, exports in 1924 declined about 10 per cent, while imports declined about one-third. Bookings of fabricated structural steel represented SO per cent of fabricating capacity in December as against 83 per cent in November and 79 per cent a year ago, while shipments averaged 63 per cent of capacity in December as against 64 per cent in November and 66 per cent a year ago. Bookings of 68 per cent of capacity for the year 1924 compare with 64 per cent for 1923. 14 The opposite table shows the monthly capacity for each year since 1913 of 218 firms reporting these items to the Department of Commerce (including 12 firms now out of business), the total capacity for fabricating structural steel each year (the figures up to 1922 being obtained from trade sources) and the total bookings computed from this percentage and the estimated capacity. The capacity of structuralsteel shops is quite elastic in that this same capacity, when not busy on structural work, may be used for plate work, shipbuilding, etc,, and similarly capacity ordinarily devoted to these other lines may be used at times for structural work. The capacity taken for this survey represents the amount of structural work that could actually be turned out running single turn on the character of structural work usually secured. Shipments of steel furniture increased about 15 per cent over the value of November shipments and were about 12 per cent higher than a year ago. Total shipments for the year 1924 were about 3 per cent higher than in 1923. Sales of mechanical stokers were slightly less than in November, while compared with a FABRICATION OP STRUCTURAL STEEL, 1913-1924 MONTHLY CAPACITY (in net tons) YEAR Reported by 218 firms 1913 1914 1915... 1916 1917 1918 1919 1920 1921 1922 1923 1924 Total estimated 192, 850 193, 700 196,010 202. 745 210; 555 221,780 228, 920 236, 175 239, 975 257, 775 258, 440 261, 690 (December, 1924, is latest month plotted) 4,000 2.000 SHIPMENTS AND UNFILLED ORDERS FOR FREIGHT CARS (December, 1924, latest month plotted) 210, 000 211,000 214, 000 222, 000 231, 000 244, 000 252, 000 260, 000 265, 000 284, 000 285, 000 290, 000 Per i cent of capacity 50 50 70 69 60 56 53 o4 35 64 64 68 Computed tonnage 1,260,000 1,266,000 1, 797, 000 1, 838, 160 ], 663, 200 1,639,680 1, 602, 720 1, 684, 800 1,113,000 2, 181, 120 2, 188, 800 2, 366, 400 year ago more stokers were sold, but of less aggregate horsepower. Sales for the year 1924 were about one-fourth less than the 1923 sales. New orders for machine tools, at 43 per cent of capacity in December, compare with 35 per cent in November and 45 per cent a year ago. Orders for the year 1924 averaged 42 per cent of capacity as against 59 per cent in 1923. LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS 200.000] ANNUAL BOOKINGS 15 Shipments and unfilled orders of railroad locomotives increased over November, unfilled orders increasing over a year ago and shipments declining. Total shipments in 1924 were less than half as large as in 1923. New orders for locomotives increased in December, but freight and passenger car orders declined, the freight car orders alone declining from a year ago. Total orders for the year showed increases over 1923 in the number of freight and passenger cars ordered and a decline in locomotive orders. Vessels completed in December aggregated larger tonnage than in November, but smaller than a year ago. Total tonnage of vessels completed in 1924 declined over one-fourth from 1923, but the tonnage output of steel seagoing vessels was larger than in 1923. The tonnage of vessels under construction was slightly less in December than in November, but about 15 per cent greater than a year ago. NONFERROUS METALS The mine output of copper showed a slight decline from November, but an increase of about 5 per cent over a year ago. Total output for 1924 showed an increase of 8 per cent over 1923. Exports of refined copper declined from November, but were more than one-fourth greater than a year ago. Total exports for 1924 also increased over 1923 by almost one-fourth. The price of copper averaged higher in December than in the previous month or a year ago. Stocks of both blister and refined copper were less than a year ago. PRODUCTION AND EXPORTS OP COPPER (December, 1924, is latest month plotted) visible positions, both in the United States and for the world, were larger than at the end of November or a year ago. The price of tin also increased over both periods. Zinc production was higher in December than in the previous month or a year ago, the year's total showing a gain of 1 per cent over 1923. More retorts were in operation at the end of December than a month previous but less than a year ago. Stocks of zinc declined 20 per cent from the end of November and were over 40 per cent lower than a year ago. Shipments of zinc ore from the Joplin district were less than in November or than a year ago. The price of prime western zinc averaged higher than in either November or a year ago. Lead output by mines increased slightly over November and was over 25 per cent greater than a year ago. The price of pig lead also increased over both periods. FUELS The output of bituminous coal was larger than in November and also above the December, 1923, production, For the year 1924, the total production of 468,964,000 tons was 17 per cent less than the 1923 output. Exports of bituminous coal increased slightly over the previous month and a year ago, while the total for the year showed a decline of about 20 per cent from 1923. Prices of bituminous coal averaged the same as in November and less than a year ago. Anthracite production was greater than in November but less than a year ago, the yearly total of 90,212,000 tons showing a decline of over 5 per cent from 1923. Stocks of anthracite declined in December but were larger than a year ago. Exports increased over November but declined from a year ago. Anthracite prices averaged higher than in November, the wholesale price increasing over a year ago and the New York retail price declining. PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL (December, 1924, is latest month plotted) Sales of tubular plumbing goods and new orders and shipments of brass faucets were all larger than in November and than a year ago. For the year 1924, tubular plumbing sales increased over 1923 while orders and shipments of brass faucets declined. Tin deliveries from warehouses declined both from November and a year ago, but imports were larger than in November though less than in December, 1923. For the entire year, both imports and deliveries were slightly less than in 1923. Stocks of tin in 16 Production of both beehive and by-product coke in- and trucks. Total comparable production of passencreased over November, the former gaming over 40 ger cars for 1924 declined 12 per cent from 1923 while per cent, although less than the December, 1923, bee- truck production declined 1 per cent. hive output. The output of beehive coke for the PRODUCTION OF AUTOMOBILES AND EMPLOYMENT IN AUTOyear 1924 showed a decline of 46 per cent from 1923, MOBILE FACTORIES while by-product coke declined 10 per cent. Coke (1923 monthly average=100) 140 exports showed little change from November and an increase over a year ago, the yearly figures, however, making a decline of 40 per cent from 1923. The price 120 EMPLOYMENT of Connellsville furnace coke averaged one-fourth higher than the November price and was about the 100 same as a year ago. CO PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE DC LU 80 ~ A (December, 1924, is latest month plotted) ID Z X o z PR DU TION 40 1923 1924 Exports of passenger cars declined slightly from November while truck exports increased. Both classes increased their exports over a year ago, and for the entire year showed gains of 20 per cent for passenger cars and 9 per cent for trucks. Sales of accessories and parts for November, as shown by The output of crude petroleum increased slightly December tax receipts, increased over the previous in December but was about 5 per cent less than a year month but declined in value from a year ago. ago. Total production for 1924 of 707,265,000 barrels Imports of crude rubber declined from November showed a decline of 3 per cent from 1923. Stocks of and from a year ago, but for the year 1924 increased petroleum at tank farms and pipe lines declined 2 per about 7 per cent over the 1923 total. The price of cent from the end of November but were over 5 per crude rubber averaged higher than in November and cent greater than a year ago. The 158 days7 supply about 50 per cent above the December, 1923, average. at current consumption on December 31, 1924, com- Production of all classes of tires increased over Novempares with 157 days'' supply held a year previous. ber and over a year ago, shipments being larger than Imports of crude petroleum declined from both the a year ago except for solid tires, but declining from previous month and a year ago, the total for the year November in a seasonal movement. Stocks of tires showing a decline of 5 per cent from 1923. Con- were larger than on November 30 and also greater sumption increased to 68,176,000 barrels in December, than a year ago. a considerable gain over both previous periods, the HIDES AND LEATHER year's total showing an increase of 5 per cent over 1923. The price of crude petroleum declined from Imports of all classes of hides and skins increased November arid increased over a year ago. A reduc- over November, total imports showing a gain of 40 tion again occurred in the completion of new oil wells, per cent over a year ago owing to the doubling of though a gain was recorded over a year ago. Ten per cattle-hide imports. For the year 1924 total imports cent less wells were completed in 1924 than in 1923. declined about one-third, all classes of hides being received in smaller quantities. Prices of hides showed AUTOMOBILES AND RUBBER little change from the November average but were The output of both passenger automobiles and considerably higher than a year ago. Production of sole leather, harness, and skivers trucks in the United States declined from November and also from a year ago, while the output of Canadian increased over November and was also larger than a factories was greater than in November for both cars year ago except for harness. For the year to date, 17 leather production in all these classes declined from 1923. Exports of sole and upper leather were larger in December than a year ago, sole leather increasing also over November while upper leather exports declined. Leather prices rose from the November average and were higher than a year ago. The production of boots and shoes showed little change from November and an increase over a year ago, the total for the year 1924 declining 10 per cent from the 1923 total. Exports of boots and shoes increased over both the previous month and a year ago, but the year's total declined about 14 per cent from 1923. Boot and shoe prices generally averaged the same as in November. Sales of leather belting increased over November and were about the same as a year ago, but the total sales for 1924 declined 21 per cent from 1923, measured in quantities. PAPER AND PRINTING Increases took place over November in the imports of both mechanical and chemical wood pulp, chemical increasing over a year ago and mechanical declining. For the full year 1924 mechanical pulp imports declined 10 per cent from 1923, while chemical pulp imports increased 15 per cent. The production and shipments of newsprint paper increased over November and also over a year ago. the year's total showing slight declines from 1923. Stocks of newsprint at mills declined during December and were slightly higher than a year ago. Imports of newsprint paper increased over both the previous month and a year ago and were 4 per cent larger than in 1923 for the full year. The editions of books published in December showed a decline from both November, 1924, and December, 1923. Shipments of sales books increased over both periods and showed a slight decline from 1923 on the year's figures. Box-board production in December was about the same as in November and larger than a year ago. New orders, unfilled orders, and stocks were all larger than at both previous periods. The output of paper board shipping boxes decreased from November but was one-fourth greater than a year ago. For the year 1924 total production was about 5 per cent greater than in 1923, solid fiber boxes showing a decline. Operating time of paper-box factories represented 75 per cent of normal in December as against 78 per cent in November and 68 per cent a year ago. Sales of abrasive paper and cloth were larger than in November or than a year ago, though foreign sales declined from November. BUTTONS AND OPTICAL GOODS The output of fresh-water pearl buttons averaged 37 per cent of capacity in December, comparing with 36 per cent in November and 39 per cent a year ago, the yearly average of 33Y^ per cent for 1924 comparing http://fraser.stlouisfed.org/ 27456°—251 Federal Reserve Bank of St. Louis 2 with 46 per cent for 1923. Stocks of buttons showed almost no change during December and were less than a year ago. Sales of spectacle frames and mountings showed no change from November and a decline from a year ago, total sales for 1924 declining almost 20 per cent from 1923. Unfilled orders declined from both the previous month and a year ago. Orders, production, and shipments of illuminating glassware declined from November and from a year ago, the declines for the year 1924 averaging about 15 per cent from 1923. BUILDING CONSTRUCTION Cost indexes of building construction and of building material prices were considerably higher than in November but lower than a year ago. The index of plumbing prices declined slightly from November. Contracts awarded for building construction in December in 27 Northeastern States declined from November, showing an increase over a year ago in value but a decline in floor space. Industrial buildings and public buildings showed larger floor space contracted for as compared with November, while educational and public buildings were larger in value of contracts. Compared with a year ago, only public buildings showed an increase in floor space contracted for, while the industrial, residential, and public groups all increased as to value. Total building contracts for 1924 showed an increase of less than 2 per cent over 1923 in floor space but a gain of 11 per cent in value. A decline of one-third in the floor space of industrial building contracts more than counterbalanced slight gains over 1923 in the other groups, while in value contracted for industrial buildings again made the only decline, with a loss of 25 per cent. Fire losses in the United States and Canada were larger than in November and almost 80 per cent larger than a year ago. Total fire losses for 1924 were 3 per cent less than in. 1923. BUILDING MATERIALS AND EQUIPMENT The cut and shipments of important species of lumber in December declined seasonally from the preceding month, being, however, on about the same level as a year ago. For the year 1924 as a whole the cut of southern pine was larger than in the previous year while the production of Douglas fir, California redwood, and white pine lumber was smaller than in 1923. Shipments of southern pine lumber during 1924 were larger than in 1923 while Douglas fir shipments were smaller. New orders for California redwood and Douglas fir increased over December, 1923, while orders placed in December for southern pine were smaller than in December, 1923. Reported stocks of lumber held at the end of 1924 showed declines from a year ago in southern pine and California white pine and an increase in western pine. 18 VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES Exports of lumber in December were smaller than in either the previous month or December, 1923, while for the year 1924 as a whole the total shipments of lumber abroad were larger than in 1923. Prices of both softwoods and hardwoods, as indicated by the composite index numbers covering these classes, averaged higher than in November but were below a year ago. Averaged for the year 1924; lumber prices, generally, were lower than in 1923. Production, shipments, and new orders of oak flooring were smaller than in November but considerably above a year ago while stocks and unfilled orders continued to accumulate. Maple-flooring production increased in December over November but was smaller than a year ago while shipments were smaller and new orders were larger than in either period. Stocks and unfilled orders for maple flooring continued to increase. Oak flooring, totaled for 1924, showed an increase in production over 1923 while the 1924 output of maple flooring was smaller. New orders, unfilled orders, and shipments of piano benches and stools were smaller in December than a year ago while for the year 1923 as a whole, orders and shipments were also smaller than in 1923. December shipments of all classes of enamel sanitary ware were smaller than a year ago and, with the exception of sinks, smaller than in November. New orders placed for December for baths and lavatories were larger than in November and a year ago while orders received for sinks though larger than in the preceding month were smaller than in December, 1923. Stocks of all classes were more than twice as large at the end of 1924 as on December 31, 1923. I 'i 1 ' f T M I Production, shipments, new orders and unfilled orders for refractory bricks were larger in December than in either the previous month or a .year ago. Stocks of clay fire brick on December 31 were larger than the inventories of a year ago while for silica brick the end-of-year stocks were smaller. For the year 1924 production, shipments, and new orders for clay fire brick were smaller than in 1923 while for silica brick increases over 1923 were noted in these items. The production of face brick was larger than in either the preceding month or December, 1923, while shipments and unfilled orders were smaller than in either period and stocks continued to accumulate. The output and shipments of face brick were larger, totaled for 1924, than in the previous year, while the wholesale prices for brick averaged lower than in 1923. NEW BOOKINGS FOR ARCHITECTURAL TERRA COTTA AND NEW CONTRACTS AWARDED FOB BUILDING CONSTRUCTION IN 27 NORTHEASTERN STATES (1919 monthly averages=100. December, 1924, latest plotted) 19 The production and shipments of Portland cement declined from. November, in a seasonal movement, while shipments registered a decrease also from December, 1923. Stocks of cement at the end of 1924 were 42 per cent larger than the holdings a year previous. Both production and shipments showed for 1924 increases over their respective movements in 1923. Wholesale prices for cement in the Chicago district averaged slightly higher than in 1923, while prices in the Lehigh Valley district averaged lower for the year 1924. New contracts awarded for concrete pavements were larger than in either the previous month or a year ago, while bookings for architectural terra cotta were smaller than in either period. Taken for the year 1924 as a whole concrete paving contracts were more than 15 per cent larger than in 1923. Production of dry roofing felt was smaller in December than in the previous month but larger than a year ago, while for the year 1924 the total output of roofing felt was 8 per cent larger than in 1923. CHEMICALS AND OILS Imports of potash increased in December over both the preceding month and a year ago, while the import movement of nitrate of soda was smaller than in either period. During 1924 potash imports were smaller and nitrate of soda imports larger than their respective movements of 1923. Exports of sulphuric acid and fertilizers registered increases over both the preceding month and December, 1923, while the shipments abroad of dyes and dyestuffs, though larger than in December a year ago, wTere smaller than in November. The total outward movement of sulphuric acid in 1924 was about 37 per cent larger than in 1923, while fertilizer exports in the same period were 2 per cent smaller. Production of explosives in 1924 was smaller than in 1923, the decline from the earlier period being due principally to a smaller output in black blasting powder. Production of acetate of lime and methanol was also smaller in 1924 than in 1923. Receipts and shipments of flaxseed at northwestern markets in December declined seasonally from the previous month but were larger than a year ago. Stocks of flaxseed at the end of 1924 both in northwestern markets and in Argentina were larger than the holdings on December 31, 1923. Stocks of cottonseed at the end of 1924 were about 65 per cent larger than the inventories of a year ago. Cottonseed-oil production in December was smaller than in November but almost twice as large as a year ago, while stocks of cottonseed oil on December 31, 1924, were smaller than the holdings of a year previous. Both imports and exports of vegetable oils in December were larger than a year ago. For the year 1924 as compared with 1923 the exports of oils declined and the imports increased. Shipments from Minneapolis of linseed oil and oil cake were larger in December than a year ago, while for the year as a whole increases over 1923 were also noted. Consumption of oleomargarine, as seen from tax-paid withdrawals, increased in December over the preceding month but was smaller than a year ago totaled for 1924, the consumption of oleomargarine was slightly larger than in 1923. CEREALS The visible supply of wheat at the end of 1924 was for the United States 14 per cent larger and for Canada 35 per cent smaller than a year ago. Receipts and shipments of wheat at the principal primary markets were in December considerably larger than a year ago. Receipts and shipments, taking the year 1924 as a whole, were also well above the corresponding movements of the year previous. Wheat-flour production and consumption in December declined from the preceding month but was larger than in December, 1923, while stocks continued to decline, being, at the end of 1924, 6 per cent smaller than the holdings of a year earlier. The figures of the 1924 flour production and consumption w^ere well above the 1923 figures. Prices of wheat and wheat flour continued to increase in December. Exports of wheat and wheat flour in December were almost twice as large as the outward shipments of December, 1923, while the total movement abroad was about 39 per cent larger in 1924 than in 1923. The visible supply of corn at the end of 1924 was twice as large as that of a year earlier. Receipts of corn at primary markets in December, compared with a year ago, were smaller, while shipments were larger. For the year 1924 total receipts of corn were larger and shipments smaller than in the year 1923. Prices of corn continued to increase. Exports of corn and corn meal in December were 70 per cent smaller than a year ago, while for 1924 as a whole corn exports registered a decline of 55 per cent from 1923. Below is given a table showing the distribution of corn-sirup consumption during the first half of 1924 as compared with the same period of 1923 according to classes of consumers. DISTRIBUTION OP CORN SIRUP (GLUCOSE) (IN POUNDS) 1923 1924 First 6 months First 6 months USE " Mixed sirups M anuf acturing confectioneries Jams, jellies, and preserves Bakers Brewers Technicals (textile, paper, etc.) Tobacco manufacturers Ice-cream manufacturers Miscellaneous (dealers) Total domestic consumption Exported Total distribution _. 155, 533, 868 187, 610, 530 23, 266, 739 21,822.307 3, 769, 671 6 178 804 4512, 765 53] 845 31,629,577 21 5, 085 190, 680 14 294 27, 753 5 173 3 747 2 497 269 29 275 432, 850, 106 488 778 105 444 841 217 830 656 686 409 463 559 83, 852, 926 82 980 185 516,709 032 571 758 290 20 Corn grindings for starch and glucose manufacture vanced in December while little change was noted in increased in December over November but were prices of beef. Averaged for 1924, cattle prices were lower and beef prices higher than in 1923. smaller than a year ago. Receipts, shipments, and slaughter of hogs at The visible supply of oats on December 31, 1924, was almost four times as large as that of a year earlier, primary markets were larger in December than a while receipts of oats at primary markets during year ago. Totaled for 1924, these items were larger December were smaller than in December. 1923. than in 1923, except for local slaughter. Exports Exports of oats, including meal, increased in Decem- of pork and pork products were smaller in December over a year ago, while for the year 1924 as a whole ber than a year ago, while a corresponding comshipments of oats abroad were almost 30 per cent parison between 1924 and 1923 indicates a decline smaller than in 1923. Prices of oats continued to of about 15 per cent. Storage holdings of pork average higher in December, while the 1924 average products at the end of 1924 were below those of a price was more than 20 per cent above the average year ago, the increase of lard stocks being insufficient to offset smaller stocks of fresh and cured pork. for 1923. Receipts of barley and rye at primary markets in Prices of hogs, pork, and lard continued to advance December were smaller than in November and for in December, while compared with 1923 as a whole barley smaller also than a year ago. Exports of the average prices in 1924 were also higher with the barley and rye during 1924 were well above the figures exception of smoked hams. Receipts, • shipments, and slaughter of sheep and of 1923. Wholesale prices for these grains in December continued to average higher, while for 1924 as a lambs were also larger in December than a year ago, whole the average prices for each were more than 20 while compared with 1923 these items showed little per cent higher than in 1923. | change in 1924. Storage holdings of lamb and mutton The visible supply of wheat in Argentina at the end j on December 31, 1924, were smaller than a year ago of 1924 was smaller and that of corn larger than a year j while prices of sheep and lamb were higher. Receipts of poultry at the principal markets were earlier. The receipts of southern paddy rice at the mills larger than in December, 1923, and, totaled for 1924, were larger-in December than a year ago, while for the were larger than in 1923. Storage holdings of poultry year 1924 an increase in receipts over 1923 amounting at the end of 1924 were more than 40 per cent larger to 7 per cent was noted. Shipments of rice from the than the stocks at the end of 1923. The catch of fish at the principal fishing ports was mills were also larger in December than a year ago with an increase registered also in the total shipments larger in December than a year ago, while comparing of 1924 as compared with 1923. Stocks of rice held the total for 1924 with that of 1923 a corresponding at mills and by dealers were larger at the end of 1924 increase over the earlier year is noted. Holdings of than on December 31, 1923. Exports of rice during fish in storage on December 15, 1924, were well 1924 were less than half as large as in 1923, while the above a. year ago. Receipts of butter at the principal markets were import movement during the. year also recorded a smaller than in December, 1923, while for the year decline from the earlier period. Car-lot shipments of citrus fruits, white potatoes, 1924 the total receipts represented an increase of and onionsf were larger in December than a year ago about 5 per cent over 1923. Cold-storage holdings while apple shipments were smaller. Comparing the of creamery butter on December, 1924, were more year 1924 with 1923, citrus fruits, potatoes, and than twice as large as a year ago, while the wholeonions showed larger shipments while the movement sale price of butter, averaged for the five" markets, of apples was smaller. Receipts of hay at terminal increased in December over the previous month but markets during December were smaller than a year was well below a year ago. ago, while for 1924 as a whole they were larger than Receipts of American cheese at the principal the previous year. markets were larger in December than a year ago, while for 1924 the total was about 4 per cent smaller. MEAT AND DAIRY PRODUCTS Stocks of American cheese in storage at the end of 1924 were slightly below the holdings of a year ago. Receipts, shipments, and slaughter of cattle and Wholesale prices of cheese averaged higher in Decalves were larger in December than a year ago. cember than in November but were lower than in These items, except shipments, also recorded in- December, 1923. creases for 1924 over the previous year. Exports of Egg receipts at primary markets in December beef and beef products were smaller both in Decem- were smaller than in the same month of 1923, while ber and for 1924 as a whole than in the corresponding for 1924 as a whole receipts of eggs were smaller than periods of a year earlier. Cold-storage holdings of in 1923 by more than 10 per cent. Fewer eggs were beef at the end of 1924 were about 35 per cent larger in storage at the end of 1924 than on December 31, than at the end of 1923. Prices of beef cattle ad- 1923. 21 SUGAR, COFFEE, AND TEA Imports of raw sugar in December were larger than in the same month of 1923, while in 1924 the total amount of sugar imported was larger than in 1923 by more than 10 per cent. Receipts of domestic cane sugar at New Orleans were smaller than in December, 1923,, while for 1924 as a whole a decline from 1923 of more than 50 per cent was recorded. Sugar meltings at the principal ports were smaller in December than a year ago, while in 1924 the total meltings of raw sugar were larger than in 1923 by about 10 per cent. Refinery stocks of raw sugar were more than 35 per cent smaller at the end of 1924 than at the end of 1923. Receipts at Cuban ports, exports, arid stocks of sugar in Cuba were larger in December than a year ago, while wholesale prices for raw and refined sugar averaged lower in December than in either November or a year ago. RAW SUGAR: IMPORTS, MELTINGS AND REFINERY STOCKS (December, 1924, latest month plotted) month or a year ago, while for 1924 the shipments of cigarettes abroad were about 14 per cent smaller than in 1923. Exports of unmanufactured leaf tobacco during 1924 were 15 per cent larger than in 1923. WATER TRANSPORTATION Vessels engaged in foreign trade in December were smaller in aggregate tonnage than in either the previous month or a year ago, both entrances and clearances partaking of the general decreases from these comparative periods. Entrances and clearances, however, were larger in 1924 than in 1923, increases in tonnage being noted in both American and foreign bottoms. Loadings of fuel at the principal clearing ports in 1924 indicated smaller consumption of coal by vessels than in 1923, while larger consumption of fuel oil was recorded in 1924 than in 1923. Freight rates from Atlantic ports to the United Kingdom and other European ports averaged lower in December than in November. Passports issued during 1924 were more than 15 per cent larger than the issues of 1923. RAILROAD TRANSPORTATION Receipts of coffee in Brazil were larger in 1924 than in 1923, while clearances from Brazil during the same period were smaller. Imports of coffee into the United States were larger in 1924 than in 1923, while the world visible supply of coffee at the end of 1924 was larger than at the end of 1923. Imports of tea into the United States during 1924 were smaller than in 1923. TOBACCO Cigarette consumption as seen from tax-paid with- I drawals, was larger in December than in either the previous month or a year ago, while the year 1924 as a whole recorded an increase in cigarette consumption over 1923 of about 10 per cent. Consumption of cigars and manufactured tobacco was smaller in December than in November but larger than in December, 1923. Fewer cigars were consumed in 1924 than in 1923, while the consumption of manufactured tobacco was larger. Exports of cigarettes in December were smaller tha-n in either the preceding Car loadings in December were larger than in either the previous month or a year ago. Totaled for the year, the number of freight cars loaded with commodities of all kinds was about 2 per cent smaller than in 1923, the increases in grain and miscellaneous loadings being insufficient to offset the declines in the loadings of livestock, coal, forest products, and ore. The freight-car surplusage during the last week of 1924 was well below that of the year previous, while freight cars in bad order at the end of 1924, equivalent to 8.3 per cent of the total in use, were more numerous than on December 31, 1923. Locomotives in bad order, representing 17.5 per cent to total in use, were likewise more numerous at the end of 1924 than at the end of 1923. SHORTAGE, SURPLUS, AND BAD-ORDER FREIGHT CARS 22 EMPLOYMENT Factory employment increased in December but was more than 8 per cent below a year ago/ all industrial groups either partaking of the increase over the previous month or remaining stationary except the tobacco manufacturing and stone, clay, and glass industries, which registered employment declines. Reports from State agencies indicate increases in employment in the States of New York, Illinois, and Massachusetts. These State agencies also indicate larger average weekly earnings in December than in November, while for New York State and Illinois increases over December, 1923, were also noted. Reports from State and municipal free employment agencies indicate increases over November and a year ago in the number of registrations as well as in the number of jobs available. As seen from these reports there were 1,520 applicants per 1,000 jobs in December as against a ratio of 1,410 per 1,000 for November and 1,550 a year earlier. in December over the corresponding month of 1923 were noted also in the sales of grocery chains, drug chains, shoe chains, and candy chains, while cigar and music chains registered smaller sales than in December, 1923. For 1924 as a whole all types of chainstore systems enumerated recorded larger sales than in 1923 with the exception of music chains. Sales by representative department stores increased in December over the same month of 1923, while for 1924 as a whole the sales by department stores were slightly above those of 1923. The value of merchandise stocks at the end of 1924 held by department stores was also slightly larger than that of a year earlier. The value of meals served by two representative chain-restaurant systems was smaller in December than in the same month of 1923, while a comparison between 1924 and 1923 shows a corresponding decline in the value of sales for 1924 as a whole. Advertising in magazines increased in 1924 over 1923, while newspaper advertising declined. DISTRIBUTION MOVEMENT The dollar value of wholesale trade was seasonally smaller in December than in November but was more than 10 per cent larger than in December, 1923. For the year 1924 wholesale trade was generally below 1923. All lines for which wholesale trade data are available shared in December in the general trade increases noted over the previous year, while all, with the exception of meats, participated in 1924 in the general declines from the 1923 figures. BANKING AND FINANCE Check transactions in December, both in and out of New York City, were larger than in either the previous month or a year ago. Totaled for 1924, both bank clearings and debits to individual accounts registered increases over the year 1923. BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL RESERVE BANKS (December, 1924, is latest month plotted) 3,000, SALES BY MAIL-ORDER HOUSES AND CHAIN TEN-CENT STORES (December, 1924, is latest month plotted) 10 Sales of mail-order houses and chain 10-cent stores were larger in December than in either the preceding month or a year ago. The 1924 business of the two large mail-order systems was 10 per cent larger than that of 1923, while for the four principal 10-cent chains the increase in 1924 sales over those of the previous year amounted to about 12 per cent. Increases 2,500 Bills discounted, investments, deposits, and note circulation of Federal reserve banks increased in December over the previous month, while as compared with a year ago the December, 1924, investments and deposits were also larger. Total reserves of the 12 regional banks were smaller at the end of December than in either the previous month or a year ago, while the reserve ratio exhibited corresponding declines from the same periods. Loans and discounts of Federal reserve member banks continued to increase in December, standing at the end of 1924 at about 10 per cent above the indicated total of a year ago. 23 EMPLOYMENT IN MANUFACTURING INDUSTRIES BY MAJOR GROUPS (Drawn from data compiled by U. S. Department of Labor and representing weighted indexes based upon number of wage earners in the respective industries in 1010) (Average monthly employment 1923=100) GENERAL INDEX OF EMPLOYMENT 60 z £ o a 1 I g I '19S4' 1915 * TEXTILES AND THE^IR PRODUCTS FOOD AND KINDRED PRODUCTS 1923° ! J824 IRON: AND STEEL AND THEIR PRODUCTS LUMBER AND ITS REMANUFACTURES GR OUF TC TAJ \ / ^ % £ j4 1, 1 -DY EIN 3 A "ID X •IN SHi W- ^ TE;KTSL ES Z X LEATHER AND ITS FINISHED PRODUCTS PAPER AND PRINTING CHEMICALS AND ALLIED PRODUCTS STONE, CLAY, AND GLASS PRODUCTS STAMPED AND ENAMELED WARS OTHER THAN IRON AND STEEL TOBACCO VANUFA^TUPES VEHICLES 'FOR LAND TRANSPORTATION MISCELLANEOUS INDUSTRIES rtTUCTO TUAkl SDf^M A^ff^ CTK KI IUD.SUUU » w , AI\ *J T A'«J I Ur- t_Q T 19221 1923 I 1924 I (922! 1923 •8 I I S I !'924 Investments of member banks declined in December, but were well above the corresponding totals for a year previous, while net demand deposits were larger in December than in either the previous month or a year ago, the increase over December, 1923, amounting to about 20 per cent. Interest rates, both call and commercial, continued to average higher in December, but were well below the prevailing rates of a year earlier. On the whole, interest rates in 1924 were considerably below those of 1923. LOANS AND DISCOUNTS AND TOTAL INVESTMENTS OF FEDERAL RESERVE MEMBER BANKS (December, 1924, is latest month plotted) -TOTAL LOANS AND DISCOUNTS- culation outside of the Federal reserve system and the United States Treasury was larger at the end of December than on December 31, 1923, while the per capita distribution was smaller. The number of commercial failures increased seasonally in December, while compared with a year ago they were also more numerous. Though there was a larger number of failures than a year ago the December liabilities of failing firms were smaller than those reported for the same month of 1923. Taking the year 1924 as a whole defaulted liabilities were less than 1 per cent larger than in 1923, while the number of failures was more than 10 per cent larger. The smaller liabilities of mercantile failures were insufficient to offset the increased failures among manufacturers and brokers. NUMBER OF BUSINESS FAILURES AND AMOUNT OF DEFAULTED LIABILITIES BILLIONS OF D o> a (December, 1924, is latest month plotted) JQTAL INVE STMENTS/ — ^^ ~*' .Co -ft *- ^V**' 182! ^ 1922 1923 1924 New sales of life insurance were larger in December than in either the previous month, or a year ago, all types of insurance except group participating in the general increases over these comparative periods. During 1924 life insurance sales were 8 per cent larger than in 1923. Sales of ordinary life insurance in 1924 recorded larger increases over 1923 in the eastern and western manufacturing sections and the far West than in the western agricultural and southern sections of the country. Savings deposits continued to mount in December, all Federal reserve districts participating in the general advance except St. Louis and Dallas, where reporting banks indicated slight declines from the savings balances of November 30. At the end of 1924 the balance to the credit of depositors throughout the United States was about 7 per cent larger than at the end of 1923, this increase being due in part to interest accumulation. All Federal reserve districts recorded larger savings at the end of December than on December 31, 1923, with the exception of the Kansas City district. The Government debt continued to decline in December, standing on December 31, 1924, at $20,712,000,000, a decrease of more than 4 per cent from a year ago. Customs receipts in December were larger than hi November but smaller than in December, 1923, while both ordinary receipts and expenditures chargeable to ordinary receipts were smaller in December than a year ago. The total amount of money in cir Stock prices continued to average higher in December, while for the year 1924 as a whole the average prices of railroad and industrial stocks were considerably above the averages for 1923. Bond prices were generally lower in December than in November but higher than in December, 1923. Averaged for 1924 all types of bonds were higher in price than in the year 1923. Stock transactions on the New York Stock Exchange were larger than in November and more than 75 per cent larger than a year ago. Taking the year as a whole, activity in stock trading was 19 per cent greater than in 1923, while bond sales on the New York Stock Exchange in 1924 were almost 40 per cent larger than in 1923. During 1924 dividend and interest disbursements by railroads, industrial corporations, street railways, and the Government were about 6 per cent larger than in 1923. New incorporations in December were larger than in November but smaller than a year ago, while for 1924 as a whole a decline in the value of authorized capital of new enterprises, amounting to 23 per cent, was registered. Flotations of new capital issues by established corporations also declined in 1924, the de- 25 crease from 1923 amounting to 10 per cent. Flotations by States and municipalities of both long and short term loans also increased over 1923. Figures from the War Finance Corporation on December 31 showed a decline from November 30 of more than $5;000;OQO in the balance outstanding of loans to banks, livestock companies, and cooperative marketing associations. Direct loans and rediscounts of the Federal intermediate credit banks outstanding on December 31 also registered declines from the previous month. Loans closed in December by Federal farm-loan banks increased over the November totals, but were smaller than in December, 1923. GOLD AND SILVER Imports of gold in December were smaller than in either the previous month or a year ago while exports of gold registered declines from these same periods. For 1924, imports of gold were slightly below those of 1923, while gold exports were more than twice as large. The Rand output of gold continued to increase in December, while, totaled for the year, the production by the Hand mines was 5 per cent above the output of 1923. Receipts of domestic gold at the mint during 1924 were about 7 per cent larger than in 1923. Silver imports in December were smaller than in either the preceding month or a year ago, while exports of silver registered increases over these comparative periods. During 1924, silver imports were slightly smaller than in 1923, while the export movement was 52 per cent larger. The domestic production of silver in December was larger than in either the previous month or a year ago but for 1924, as a whole, the output of silver recorded a slight decline from 1923. The prices of silver both in New York and London averaged lower in December than in November, while for 1924 as a whole, silver prices were higher than in 1923. ' FOREIGN EXCHANGE AND TRADE Exports of merchandise from the United States were smaller in December than in November but larger than a year ago. Taking 1924 as a whole the exports were more than 10 per cent larger than in 1923, all classes of merchandise, except foodstuffs partly or wholly manufactured, sharing in the general increase over 1923. CENSUS OF MANUFACTURES, 1923 According to a summarization of the data collected at the biennial census of manufactures, 1923, the value of products (at factory prices) of manufacturing establishments in the United States in that year aggregated $60,481,135,000. This aggregate represents an increase of 38.5 per cent as compared with $43,653,283,000 in 1921, but is 2.5 per cent below the corresponding total for 1919, $62,041,795,000. Despite the slight decrease in the aggregate value of manufactured products between 1919 and 1923, the actual output of manufacturing industries, measured in quantities not values, showed a considerable increase, which according to the manufacturing production index, has been calculated at 19 per cent. (See p. 32.) The following table summarizes the more important data for individual industries made available since the publication of the January, 1925, Survey (p. 19). (See also December, 1924, issue, p. 22, and November, 1924, issue, p. 24, for comprehensive list.) Further tabulations will appear in future issues as the data relating thereto are completed. Statistics in greater detail for each industry may be obtained from the bureau's preliminary statements of the respective industries for the census of 1923. PRELIMINARY MANUFACTURES RETURNS: 1923 INDUSTRY CLASSIFICATION Per cent cent inincrease crease over 1921 Per 1923 Exchange on the principal countries either increased in December over the previous month or remained stationary, except exchange on Japan and Canada which registered slight declines. The principal increase over November rates was reported in the exchange on London, while the general index of foreign exchange comprising 17 countries stood at 62 relative to par as compared with 61 in November and 60 a year ago. Imports of merchandise into the United States during December were larger than either the preceding month or a year ago, but the total inward movement during the year 1924 was 4 per cent below the corresponding imports of 1923, the general decline from a year ago being attributable to smaller imports of crude materials, partly manufactured goods, and manufactured products ready for consumption. PERSONS EMPLOYED VALUE OF PRODUCTS 1911 Oleomargarine and other but$35, 952, 721 $39, 176, 577 -8.2 ter substitutes 88, 283, 038 75, 355, 705 + 17.2 Cordage and twine 11,390,254 8, 209, 598 +38.7 Linen goods 55, 355, 161 44, 292, 084 +25. Oi Optical goods 907, 346, 992 667, 435, 847 +35.9 Paper and wood pulp Canned and dried fruits and 522, 963, 003 372, Oil, 872 +40.6 vegetables, etc Canned and preserved fish, 50, 463, 214 36,114,407 +39. 7 oysters, and other sea food Electrical machinery, appa1,293,001,751 833, 985, 443 +55.0 ratus and supplies 450, 096, 822 411, 195, 503 +9.5 Manufactured gas 78, 047, 959 75,600,158 +3.2 Corsets Railroad repair shops _ _ _ _ _ 1,520,092,751 1,267,342,559 + 19. 9 630, 493, 969 390, 768, 434 +61.3 Chemicals Rice cleaning and polishing 47, 068, 246 41, 213, 472 +14.2 Steel works and rolling mills _ _ . 3,154,324,071 1,481,659,352 +112.9 Flour-mill and grain-mill prod1,049,744,167 1,179,740,131 -11.0 ucts Bread and other bakery products total 1 122 834 099 1,089,971,652 +3.0 211, 627, 628 187, 50.8, 683 +12. 9 Biscuits and crackers Other bakery products 911, 206, 471 902. 462, 939 +1.0 Cane sugar 27, 251, 274 22, 961, 221 +18.7 Beet sugar 118, 313, 978 139, 109, 655 -14.9 27 3 +12.3 +14. 3 +9.7 +14.6 Per cent minimum month is of maximum 1933 1 1931 I 78.6 88.5 81. 9 93.5 95.7! 58.3 73.8 67. 1 77.2 85.9 +15.1 49.1 41.2 +45. 7 +21.0 57 +25.1 +61. 8 -9.1 +64. 8 -0.4 89.7! 93.41 82.2J 92.0 94.3> 32. 6; 92.2! 80.0 93.3 78.8 77.0 81.0 47. 1 62.4 87.5 85.0 +9.5 92. Oi 94. 1 +11.6 83.7! 85.9 +8.9 94.1 96.4 +3. 5 3. 1 2. 8 -44.3 8.7 14.1 26 INDEXES OF BUSINESS The index numbers presented in this table are designed to show the trend in production, prices, trade, etc., in various groups of industry and commerce. They consist in general of weighted combinations of series of individual relative numbers; often the individual relative numbers making up the series are also given. The function of index and relative numbers is explained on the inside front cover. A condensed form of this table is given on page 9. 1923 PER CENT I WREASE (+) OR DECK EASE (-) 1934 Maximum since Jan, 1, 1920 Minimum since Jan. 1, 1920 179 73 141 129 152 179 155 155 212 137 121 241 130 177 133 131 145 62 105 41 0 0 17 74 38 57 80 136 206 111 106 123 119 133 117 110 104 125 187 119 109 0 121 131 123 92 101 131 189 106 104 139 119 166 99 109 117 138 190 121 105 129 130 168 112 129 119 119 179 105 92 39 128 165 112 108 119 138 227 143 177 153 245 390 135 190 86 19 58 64 54 30 21 45 94 123 46 106 145 80 292 90 122 129 87 88 156 67 49 382 70 125 110 83 125 86 134 73 100 115 134 112 62 133 107 146 62 138 117 136 125 69 115 131 83 39 313 81 128 246 242 254 405 278 170 49 ! 54 58 50 1 19 i 21 158 120 134 226 201 138 133 125 85 94 154 150 193 231 161 260 175 88 246 242 228 357 278 120 136 135 140 267 151 61 59 | 51 1 20 ! 24 119 119 90 185 116 104 100 102 201 98 118 118 90 215 55 Grand total (adjusted for working days) Grand total (unadjusted) . Foodstuffs . Textiles. .» Iron and steel „_ Lumber Leather Paper and printing __, Chemicals, oils, etc _ » ._ Stone, clay, and glass , __ Metals, excepting iron and steeL. Tobacco Miscellaneous . 130 135 129 130 147 145 115 121 167 143 195 125 145 71 68 77 54 32 57 ! 63 i 69 1 92 69 71 70 37 113 113 109 108 113 136 88 105 147 124 162 113 99 109 105 107 95 106 115 77 103 150 101 159 88 101 Electrical power Building construction (total awards)*-.. 170 147 98 30 149 111 153 102 December from November December, 1924, from December, 1923 142 —8 4 + 10 1 123 180 118 101 0 127 177 123 92 123 4-3 4 -j-0 6 + 12 4 3 7 0 8 Novem- Decem- Septem- October Novem- December ber ber ber ber PRODUCTION (Relative to 1919 monthly average as 100.) RAW MATERIALS Grand total --«».-----MINERALS Total P6trol6u.ni Bituminous coal Anthracite coal Iron ore *,. - -_Copper Lead Zinc Gold _ _ Silver ---.-«-_ -- J 4-98 — 100 0 0 8 4-7 3 4-9. 8 1 6 7 3 — 14. 8 4-3. 4 +50 + 35 1 0 0 0 0 + 21. 8 138 93 102 177 71 43 390 71 130 4-10. 4 4-36 2 11 3 + 35. 1 14 5 + 10. 3 + 24. 6 — 12, 3 + 1. 6 +70 +80 + 15 9 + 13 5 +60 12 2 +21 + 1. 4 +40 195 166 141 184 271 120 158 133 92 84 234 106 — 19. 0 — 19. 9 34. 8 — 54. 3 13. 7 — 11. 7 + 18 8 + 6. 4 +82 122 121 112 169 65 112 111 95 179 76 88 92 114 196 72 — 21 4 — 17 1 + 20. 0 + 9. 5 5 3 116 121 112 111 105 144 96 113 164 143 163 123 121 114 110 104 101 106 131 81 102 165 128 152 106 100 110 110 103 109 122 117 82 106 167 116 149 100 95 ' O. O 114 112 92 95 135 87 102 147 134 164 118 120 148 93 160 102 156 105 170 100 ANIMAL PRODUCTS (marketings) Total „ --.-., Wool* Cattle ard calves Bogs -...... Sheep Esffs * .-- Poultrv * __ Fish " Milk (New York) -----_ __„ CHOPS (marketings) Total .__ Grains * « Vegetables * . .. .. Fruits* -Cotton products * „ _ „ - . . Miscellaneous crops * 48 1 10. 6 + 51 9 29 3 FOREST PRODUCTS ' Total - Lumber Pulpwood.-__ . „» ... Gum (rosin and turpentine) * Distilled wood 15 4 8 0 + ll! 8 — 2. 5 — 26 5 MANUFACTURING * Fluctuations between maximum and minimum largely due to seasonal conditions. 114: + 3. 9 + 1. 2 9. 4 -2. 0 5. 7 5. 0 + 0.9 + 4. 8 —3 7 + 14 7 + 15. 1 +1 7 + 6. 5 + 2. 9 + 11. 3 + 14. 9 -6. 3 + 13. 6 -5. 9 + 9. 0 4.8 + 11. 1 2.0 0. 0 —1 0 + 7. 9 + 15. 1 10 7 + 1. 2 27 INDEXES OF BUSINESS—Continued 1923 PER CENT INCREASE (+) OR DECREASE (— ) 1924 Maximum since Jan. 1, 1920 Minimum since Jan. 1, 1920 148 233 189 115 169 91 73 89 58 86 133 122 123 82 147 135 141 119 81 146 135 148 118 90 165 137 154 129 87 161 136 153 141 84 155 155 232 187 115 168 84 70 68 56 89 133 133 161 77 152 135 147 149 76 159 127 122 116 100 157 143 148 167 93 157 116 112 153 40 37 25 53 43 94 58 45 109 46 33 97 98 117 115 116 120 125 78 82 99 101 98 100 103 100 91 124 130 146 117 112 185 123 135 119 131 136 78 62 58 54 58 52 72 39 40 31 35 47 62 60 62 56 77 88 85 75 74 99 64 71 45 53 67 43 85 103 105 99 96 104 63 57 62 51 76 93 98 91 79 112 111 110 104 101 147 90 101 85 94 105 65 73 148 49 366 214 250 186 193 276 188 210 154 December from November December 1924, from December, 1923 145 190 142 88 148 + 6.7 + 24.2 + 0.7 + 4.8 4 5 + 16.0 + 34.0 + 19.3 + 8.6 + 1.4 146 154 187 83 158 155 192 180 82 159 + 6.2 + 24.7 3 7 1 2 + 0.6 + 14.8 + 30.6 + 20.8 + 7.9 0.0 43 34 81 53 42 99 63 49 114 + 17.0 + 16. 7 + 15.2 + 6.9 + 8.9 + 4.6 95 110 107 95 110 107 67 63 69 50 69 100 94 100 91 108 138 146 107 108 185 104 103 84 94 120 78' 84 98 95 88 93 90 57 49 55 48 63 89 88 88 80 98 109 113 103 94 139 88 88 70 86 92 68 174. + 9.7 + 10.0 0.0 + 3.7 + 10.8 -7. 1 + 9.8 + 20.0 -8.3 + 2.2 -20.6 + 10.5 + 10.0 + 6.0 + 41. 1 + 18. 1 + 10. 1 + 16. 5 + 14.9 -5. 1 + 8.1 + 15.2 + 22.8 + 6.3 + 12. 7 & 4. 65 92 106 95 108 106 105 69 64 70 59 70 93 86 92 84 102 117 130 107 102 166 116 111 113 116 125 71 67 ~1.5 + 3.1 133 118 106 141 131 148 + 13.0 + 25.4 84 55 119 109 106 108 72 176 149 201 141 134 174 131 331 214 201 185 193 261 171 169 110 207 145 137 185 124 203 124 238 159 144 202 138 199 111 229 145 138 184 146 366 184 250 186 192 276 188 + 83. 9 + 65. 8 + 9.2 + 29. 0 + 39. 1 + 50. 0 + 28.8 + 10.6 -14.0 + 24.4 + 0.5 -0. 5 + 5.7 + 9,9 80 101 142 149 202 123 119 137 141 148 141 147 210 124 + 48.9 i ^ f\ + 4. 0 + 0.8 Novem- Decem- Septem- October Novem- December ber ber ber ber STOCKS (Relative to 1919 monthly average as 100) (Corrected for seasonal ?ariation) Total -- Raw foodstuffs Raw materials for manufacture Manufactured foodstuffs Manufactured commodities (Unadjusted index) Total . Raw foodstuffs Raw materials for manufacture Manufactured foodstuffs _ _ Manufactured commodities UNFILLED ORDERS (Iron, Steel, and Building Materials) Total (8 commodities; 1920 = 100) Iron and steel Building materials WHOLESALE TRADE (Relative to 1919 monthly average as 100) (Distributed by Federal Reserve Districts) 1 Grand total, all classes HARDWARE, total 10 districts. New York . Richmond Chicago _ . _ _" San Francisco SHOES, total 8 districts .New York Richmond Chicago San Francisco GROCERIES, total 11 districts New York Richmond _ .. Chicago. _ San Francisco DRUGS, total 7 districts New York Richmond Chicago San Francisco DRY GOODS, total 9 districts .. New York _ _ Richmond Chicago ._ San Francisco MEATS, total 2 districts.. RETAIL TRADE 90 97 82 83 98 51 45 48 46 63 76 80 83 56 83 99 103 87 98 124 66 79 48 63 83 79 -6.0 99 97 85 92 91 + 1.0 + 2.1 3 4 -1. 1 + 1.1 56 54 44 47 50 1 8 + 10.2 -20. 0 2 1 -20.6 84 88 88 79 98 5 6 0.0 0. 0 -1.2 0.0 109 120 100 93 134 76 97 51 71 76 0.0 + 6.2 9 Q -1. 1 -3. 6 13 6 + 10. 2 97 1 -17. 4 (Relative to 1919 monthly average as 100) MAIL-ORDER HOUSES (4 houses) CHAIN STORES: Ten-cent (5 chains) Music (4 chains) Grocery (28 chains) Drug (10 chains) Cigar (3 chains) Candy (4 chains) Shoe (6 chains) DEPARTMENT STORES: Sales (359 stores) Stocks (314 stores) _ _ | Maximum and minimum monthly indexes for the individual districts were selected from the series beginning January, 1921, prior monthly data not being available, while for the several commodity totals the maximum and minimum monthly indexes cover the period since January, 1920. The fluctuations between maximum and minimum for United States and district totals for a given line are, therefore, not comparable. 28 INDEXES OP BUSINESS—Continued 1923 PER CENT INCREASE (+) OR DECREASE ( — ) 1924 Maximum since Jan. 1, 1920 Minimum since Jan. 1, 1920 235 283 373 186 215 304 180 110 88 114 91 111 76 80 133 110 114 100 151 238 96 135 108 114 98 152 253 98 129 140 113 115 121 175 100 136 150 109 121 130 182 102 137 147 108 115 150 179 106 248 243 248 346 281 203 300 213 275 208 138 114 131 171 162 109 155 121 171 114 153 146 148 201 167 141 181 130 176 118 151 145 147 203 162 142 178 130 176 116 149 143 148 187 168 128 171 131 171 116 152 149 152 188 162 127 171 132 171 120 -_- 249 311 218 375 272 135 122 103 152 165 154 179 115 196 165 153 181 115 191 165 152 164 123 180 166 - 247 244 249 138 118 146 152 138 159 151 136 158 267 246 272 142 102 125 163 147 196 . 218 227 134 115 FOOD (Dept. of Labor—relative to 1913) 219 205 219 186 288 200 192 December from November December, 1924, from December, 1923 139 155 110 113 158 176 102 4-1.5 4-5.4 4-1.9 -1. 7 + 5.3 1. 7 -3.8 + 3.0 + 43. 5 3 5 + 15. 3 + 3.9 30. 4 + 4.1 153 150 154 190 163 129 172 134 172 123 157 157 158 191 165 133 175 135 172 129 + 2.6 + 2.6 + 2. 6 + 0.5 + 1.2 + 3. 1 + 1.7 + 0.7 0.0 + 4.9 + 4.0 + 8. 3 + 7.5 5. 9 + 1.9 6. 3 -1. 7 + 3. 8 -2. 3 + 11. 2 156 172 130 181 165 155 176 124 182 166 161 186 129 187 169 + 5.2 + 2,3 + 12. 2 -2. 1 + 2.4 149 130 158 152 129 161 153 131 163 157 132 167 + 3.9 + 5.7 + 4.0 + 2.7 + 1.8 + 2, 6 + 0. 8 + 2. 5 163 148 199 156 143 163 159 146 167 160 150 169 165 149 171 + 3. 1 0. 7 + 1.2 J + + 0.7 -14. 1 158 146 157 144 158 141 160 145 164 147 167 151 + 1.8 + 2. 7 + 6.4 + 4.9 139 151 150 147 149 150 152 + 1.3 + 1.3 155 139 143 153 149 171 165 151 180 174 176 174 165 150 180 175 176 174 164 147 185 174 166 173 165 149 185 177 167 173 165 150 184 173 168 175 166 152 184 173 169 175 + 0. 6 + 1.3 0. 0 0. 0 + 0. 6 0.0 + 0. 6 + 1.3 + 2.2 1. 1 -4. 0 + 0. 6 Novem- Decem- Septem- October Novem- Decem ber ber ber ber ber PRICE INDEX NUMBERS FARM PRICES (Relative to 1909-1914 average as 100) All groups Grain - --«- - .^». «-».-.,--- ------ FruHs and vegetables Meat animals , .. _ , Dairy and poultry Cotton and cottonseed Unclassified «.. -- . ._-„----_-- WHOLESALE PRICES Department of Labor Indexes (Relative to 1913) All commodities . -Farm products __ »„ _Food, etc . Cloths and clothing Fuel and lighting . Ivletals0and metal products Buildin " material Chemicals House-furnishing goods Miscellaneous „ ... - ---- .-. Federal K^serve Board Regrouping of Department of Labor Indexes (Relative to 1913) Total raw products™ _. , Agricultural products , Animal products Forest products Mineral products . All commodities Producers' goods Consumers* goods Federal Reserve Board Indexes (Relative to 1913) All commoditiesGoods imported « Goods exported + 4. 0 2. 9 + 5.7 Commercial Indexes (Relative to 1913) Dun's (1st of following month) Bradstreet's (1st of following month) RETAIL PRICES COST OF LIVING National Industrial Conference Board Indexes (Relative to July, 1914) All items weighted Food .-__ -. _ _ Shelter Clothing Fuel and light Sundries 29 INDEXES OF BUSINESS—Continued 1923 PEE CENT INCREASE (+) OB DSCBEASE (— ) 1194 Maximum since Jan. 1, 1920 Minimum since Jan. 1, 1920 333 310 340 154 155 163 161 169 171 163 170 177 167 176 172 170 180 175 170 175 176 588 537 670 366 306 283 504 152 443 416 571 151 459 427 577 150 486 436 580 153 497 442 602 162 263 279 218 162 143 170 164 145 177 164 144 179 164 146 179 1321 313 183 171 209 199 210 205 236 326 146 160 173 183 99 106 95 98 101 98 102 98 100 89 101 101 96 December from November December, 1924, from December, 1923 170 180 177 0.0 + 2.9 +0.6 + 4.3 + 5.9 0.0 503 449 621 162 507 451 640 163 + 0.8 + 0. 4 + 3.1 + 0.6 + 10.5 + 5.6 + 10. 9 + 8.7 165 148 181 165 148 180 168 149 176 + 1.8 + 0.7 -2. 2 + 2.4 + 3.5 206 198 213 206 214 210 213 O ^ + 1.4 174 183 162 169 163 169 163 169 165 170 + 1.2 + 0.6 K 9 97 102 96 94 98 96 102 97 98 92 100 97 05 87 97 84 80 93 91 100 88 95 79 95 84 82 88 97 86 81 94 92 101 89 95 85 88 85 84 88 95 86 82 93 91 101 89 95 85 97 84 85 89 96 88 85 93 91 102 90 94 87 96 85 87 + 1.1 + 1. 1 + 2. 3 + 3.7 0.0 0.0 + 1.0 Novem- Decem- Septem- October Novem- December ber ber ber ber PRICE INDEX NUMBERS— Contd. FOBEfGN WHOLESALE PRICES (Relative to 1913) United Kingdom: British Board of Trade London Economist U. S. Federal Reserve Board France: General Statistical Bureau U. S. Federal Reserve Board Italy (Bachi) Sweden Canada : Canadian Department of Labor U. S. Federal Reserve Board India (Calcutta) Japan: Bank of Japan .. .. U. S. Federal Reserve Board Australia _ (Relative to July, 1«14) Switzerland 2 .» .. .» m -T 1 7 7 1 EMPLOYMENT (Relative to 1923, monthly average as 100) Number employed, by industries: Total, all classes Food products Textiles Iron and steel Lumber Leather... Paper and printing Chemicals Stone, clay, and glass Metals, except iron and steel Tobacco products Vehicles _. Miscellaneous-.. 1 . Since January, 1021. „ _ .. . »January, 1920; no other figures for 1920 available. +1.1 -1. 1 + 2. 4 1 O + 1.2 + 2. 4 & 9 -5.9 & 3 Q ft ^ 1 -5. 2 0.0 7 9 -4. 1 -5.4 4 O 19 4- -8. 4 30 PAGES TO SAVE IN EARLY ISSUES Continuing and revising the data first presented in the February, 1924, issue (No. 30) of the SURVEY OF CURRENT BUSINESS there is given below the list of pages which may be saved from early issues in order to secure a complete list of data not subsequently published. This list does not include the quarterly issues, as beginning with the May, 1922, issue (No. 9), three or four months have been taken from the earlier figures each quarter, and it is thus advisable to keep each quarterly number from that time. Details regarding monthly data prior to 1921 are shown on pages 32 to 160 of this issue. Description of data ISSUE (DATE AND NUMBER) June, 1922 (No. 10). June, 1922 (No. 10) July, 1922 (No. 11) I July, 1922 (No. 11) September, 1922 (No. 13). September, 1922 (No. 13). 42-39 18-21 15-21 41-46 17 22-25 September, 1922 (No. 13).. October, 1923 (No. 26) October, 1922 (No. 14).... December, 1922 (No. 16).. January, 1923 (No. 17) 47-ol j 6 45-47 ' 47-49 I 8, 12, 13, | 15, 16 i 22-28 | 51 11, 12,18 45-50 11, 16, 17 January, 1923 (No. 17) January, 1923 (No. 17) March, 1923 (No. 19) March, 1923 (No. 19) April, 1923 (No. 20) April, 1923 (No. 20) June, 1923 (No. 22) June, 1923 (No. 22) July, 1923 (No. 23) _ _ . September, 1923 (No. 25) -.. October, 1923 (No. 26) i 46-50 20 46-52 45-51 46-57 j 16.18 j I 51-61 October, 1923 (No. 26) _ _ December, 1923 (No. 28)_. .| 15, 19, 21 December, 1923 (No. 28).. j January, 1924 (No. 29) 52-56 19-22, 47-50 7, 13, 15-18, 21-23, 54-56 27-28, 52-61 March, 1924 (No. 31) April, 1924 (No 32) June, 1924 (No. 34) July, 1924 (No. 35)_. October, 1924 (No. 38) ! i 51-57 52-61 52 1920 data on many items. Index of marketing of animal products. Employment by districts and index of crop marketings. 1920 data on many items. Fertilizer report, first half of 1922. Indexes of mineral and total raw material production. Monthly data for 1920 and 1913. Seasonal movement, butter and cheese. Monthly data from 1920 and to 1913. Monthly data from 1913. Fabricated steel capacity, glucose and starch distribution, and employment. Index of manufacturing production. Data from 1920. Distribution cotton, wool, and glucose. Data from 1919 and 1913. Cotton ginnings, paint and varnish, and patents. Data from 1913. Business failures by districts. Data from 1913 and 1920. Data from 1913 and 1920. Data from 1913 and 1919. Railroad equipment and paint and varnish. Data from 1913 and 1919. Automobile employment, railroads, and fire losses. Data from 1913 and 1920. Index of manufacturing production and early data. Miscellaneous new data; data for earlier years. Seasonal trends of commodity stocks; business failures; miscellaneous data for earlier years. Data for earlier years. Data for earlier years. Architectural terra-cotta bookings and shipments, 1919 to 1924. INDEX OF SPECIAL DATA From time to time special tables have been included in the Survey of Current Business on particular items of current interest which, however, are on an annual */r other basis not permitting a continuance of current figures. For the convenience of our readers, the following list of such special data appearing in previous numbers is given: Automobile employment and output, 1921 to 1924 (chart) in March, 1924, issue (No. 31), page 13. Butter and cheese, seasonal movement (chart) in October, 1923, issue (No. 26), page 6. Cotton consumption north and south, 1913 to 1923 (chart) in March, 1924,*issue (No. 31), page 10. Cotton, ginned, by years, 1912-1923 (chart) in April, 1924, issue (No. 32), page 9. Cotton and wool, world supply and distribution, in March, 1923, issue (No. 19), page 11. Electric fans, annual sales, 1916 to 1923, in May, 1924, issue (No. 33), page 12. Employment, trend by districts (chart) in July, 1922, issue (No. 11), page 15. Employment, seasonal, by industries, in November, 1922, issue (No. 15), page 8, January, 1923, issue (No. 17), page 8, and February, 1923, issue (No. 18), page 18. Failures, by districts, 1916 to 1923 (chart) in January, 1924, issue (No. 29), page 18. Failures, relative to bank clearings (chart) 1910-1922, in February, 1923, issue (No. 18), page 20. Failures, relative to fire losses (chart) 1920-1923, in December, 1923, issue (No. 28), page 21. Failures, adjudicated in Federal Courts, 1912-1923, in February, 1924, issue (No. 30), page 22. Failures, trading, manufacturing, and banking, 1913-1923, in April, 1924, issue (No. 32), page 57. Failures, national banks, 1870-1923, in March, 1924, issue (No. 31), page 22. Fertilizer production, etc., first half of 1922, in September, 1922, issue (No. 13), page 17. Gasoline and kerosene consumption, by States, monthly data for 1921, 1922, and 1923, in June, 1924, issue (No. 34), pages 51 to 53. Glucose and starch distribution, in January, 1923, issue (No. 17), page 16; March, 1923, issue (No. 19), page 18; May, 1924, issue (No. 33), page 18; and present issue, page 19. Glue and gelatin, annual production, 1922 and 1923, in May, 1924, issue (No. 17), page 17. Lighting equipment, output 1922 and 1923 in July, 1924, issue (No. 35), page 19. Livestock on farms, 1913 to 1923, in February, 1923, issue (No. 18), page 127. Loans, distribution by national banks, 1911—1923, in March, 1924, issue (No. 31), page 21. Locomotive and freight car installations, 1907-1922 (chart) in October, 1923, issue (No. 26), page 18. Locomotive tractive power, 1907-1922, in December, 1923, issue (No. 28), page 19. Machine tools shipments, 1901-1923, in April, 1924, issue (No. 32), page 55. Paint and varnish production, 1920-1922, in April, 1923, issue (No. 20), page 16. 1922-1923, by half years, in October, 1923, issue (No. 26). Patents issued, 1913-1922 (chart), in April, 1923, issue (No. 20), page 17. Pork products, imports in United Kingdom, 1909-1923, in March, 1924, issue (No. 31), page 16. Revenues of Government agencies, 1912 and 1922, in March, 1924, issue (No. 31), page 18. Wages and supply, farm labor, 1913-1922, in March, 1923, issue (No. 19), page 45. 31 DATA DISCONTINUED The following may be of use as a reference to the latest quarterly number in which discontinued data are given, monthly figures for 1920, where available, usually being found in the May, 1922, issue (No. 9). Textiles: Price, wool, Ohio J^ and % grades, Boston, in August, 1923, issue (No. 24), page 61. Price, wool, Ohio fine, Boston, and to producer, in May, 1923, issue (No. 21), page 57. Stocks of wool held by Government in May, 1922, issue (No. 9), page 41. Consumption of wool, including estimates, in August, 1922, issue (No. 12), page 42. Cotton stocks, held "elsewhere" and unginned cotton, in May, 1924,-issue (No. 33), page 61. Fur-felt hats, production, etc., in May, 1924, issue (No. 33), page 58. Finished cotton goods, detailed billings, orders, etc., in November, 1924, issue (No. 39), page 41. Paper: Paper production and stocks, by grades, printing purchases and sales, wood-pulp production and stocks and folding paper box production, in August, 1923, issue (No. 24), pages 86 to 92. Labels, production, in February, 1923, issue (No. 18), page 82. Roofing felt, stocks, receipts of raw material, etc., in November, 1924, issue (No. 39), page 104. Leather: Production and stocks of fancy, patent, glove and harness leather, in October 1, 1921, issue (No. 3), pages 23 to 25. Price of hemlock sole leather, in May, 1923, issue (No. 21), page 79. Foodstuffs: Stocks of imported rice at warehouses, in May, 1923, issue (No. 21), page 121. Sugar production and stocks, in April, 1924, issue (No. 32), page 60. Pork, wholesale price, loins, in August, 1923, issue (No. 24), page 131. Candy sales by manufacturers, in August, 1924, issue (No. 36), page 185. World crop production, in September, 1924, issue (No. 37), page 50. Milk receipts at Philadelphia in August, 1924, issue (No. 36), page 155; earlier data from 1920 appearing in September, 1922, issue (No. 13), page 50. Construction? Costs, hotel and office buildings, in November, 1922, issue (No. 15), page 86. Contracts for hospitals, public, social and religious buildings, in August, 1923, issue (No, 24), pages 95 to 97. Sanitary pottery orders, in May, 1923, issue (No. 21), page 103. Hardwood lumber, stocks and unfilled orders, in February, 1924, issue (No. 30), page 104. Michigan hardwood and softwood lumber, in August, 1924, issue (No. 36), pages 117 and 119. Southern construction contracts, in November, 1924, issue (No. 39), page 85. Miscellaneous: Anthracite coal, stove, retail price, in May, 1922, issue (No. 9), page 56. Motor accessory sales, etc., in March, 1924, issue (No. 31), page 56. Employment, Third Federal reserve district, in October, 1923, issue (No. 26), page 57. Glass bottles, production, in February, 1924, issue (No. 30), page 97. Cast-iron pipe, production, shipments and orders, in May, 1924, issue (No. 33), page 110. Fire-extinguisher shipments, in May, 1924, issue (No. 33), page 81. Jones Brothers' Tea Co., sales in May, 1924, issue (No. 33), page 183. Merchant pig iron, production, orders, etc., in August, 1924, issue (No. 36), page 73. Explosives, details by classes, in November, 1924, issue (No. 39), page 107. Washing-machine sales detailed, gas, water power, etc., in November, 1924, issue (No. 39), page 97. Financial: Liberty loans outstanding, in August, 1923, issue (No. 24), page 166. Foreign exchange on Germany, in August, 1923, issue (No. 24), page 183. Credit conditions by sections, in November, 1923, issue (No. 27), pages 184 to 186. Corporate securities, details by classes, in November, 1924, issue (No. 39), page 187. War Finance Corporation advancements and repayments, in November, 1924, issue (No. 39), page 189. Domestic and foreign money orders, quarterly, in August, 1923, issue (No. 24), page 153. Municipal bond issues, Southern States, in November, 1924, issue (No. 39), page 187. 32 Table 1.—INDEXES OF PRODUCTION [Index numbers for base year in bold-faced type] FEDERAL RESERVE BOARD INDEXES DEPARTMENT OP COMMERCE INDEXES Raw materials2 Manufacturing (64 commodities)1 YEAR AND MONTH Unadjusted Total Adjusted Relative to 19091913 av. Relative to 1919 1919 1920 1921 1922 1923 1924 monthly monthly monthly monthly monthly monthly average average average average average average Agricul- Minings Crop Animal ture 3 (14 (7 commarket- products Forestry comings (26 (9 com- (13 com- modi- modiMinerals ties) commodi(9 commodities) ties) modi- modities) ties) ties) 22 basic comManu- modifacturties * ing 3 (correct(34 com- ed for modi- seasonal ties) element) Relative to 1919 100 100 114 100 100 100 100 100 100 99 103 108 113 119 126 98 107 147 137 100 115 93 98 135 124 100 97 77 101 119 113 94 112 113 102 118 95 98 106 117 117 102 86 110 121 115 91 105 110 108 116 117 92 95 132 121 102 80 103 124 114 105 80 98 120 108 j 1 1933 September October November December 103 113 112 106 103 113 112 110 133 153 136 128 125 140 133 127 113 125 121 117 166 195 161 142 99 112 113 119 118 118 117 98 137 160 139 131 103 122 122 126 106 118 120 113 100 107 116 116 116 109 129 125 111 118 124 130 116 88 98 91 133 118 135 130 124 110 125 121 115 73 75 61 113 95 114 111 107 96 120 120 114 80 89 78 133 117 134 128 121 116 134 131 121 ]20 125 124 135 126 114 121 130 126 119 116 97 95 98 121 154 160 104 171 140 145 148 155 55 54 54 113 127 119 128 110 135 133 124 136 85 85 90 110 137 135 136 142 138 128 118 126 127 122 121 120 113 123 113 105 118 118 113 109 131 157 141 129 153 167 149 135 138 152 136 125 144 184 158 133 108 122 123 129 124 131 119 104 128 158 141 130 125 142 130 123 117 128 118 109 114 118 116 111 January February March \pril 118 117 124 118 113 122 124 118 ]08 100 93 87 139 133 130 116 128 122 120 106 93 87 71 54 119 105 107 118 109 114 118 127 104 96 80 77 136 128 126 109 122 123 127 121 120 120 116 110 May June July August 112 100 101 109 108 104 101 109 95 90 97 122 138 137 141 141 123 122 125 126 60 56 73 129 124 117 117 108 130 120 101 123 86 86 100 120 ]13 109 112 114 111 97 97 104 103 93 94 94 114 121 110 110 114 117 114 110 152 179 155 142 146 154 132 135 131 138 119 123 193 246 195 158 110 112 125 139 118 122 112 88 152 189 160 142 123 132 120 131 112 123 112 115 103 109 107 117 1933 January February March April - May June j Julv AugustSeptember October -November December . ... - 1934 _. September October November December .- . i | | 1935 February C| May July I i i Weighted average of 64 commodities (glass bottles having been dropped from the original 65 commodities), representing about 36 per cent of the entire manufacturing industry, based on value added by manufacture, as compiled by the U. S. Department of Commerce, Bureau of the Census: For details see January, 1923, issue (No. 17) and January, 1924, issue (No. 29) of SURVEY OF CURRENT BUSINESS. The adjusted index eliminates changes due to the varying number of working days in each month, thus enabling comparison of productive activity to be made on a basis of 26 working days for each month. Details of the method employed appeared in January, 1925, issue (No. 41), p. 28. marketed 1 relative to IQlS'ar'e'wSghted in accordance with production in trTaTeensus year, while the mineral index refative to'the five'year pre-war average isVeighfed by the average value of mineral production in the years 1909 to 1913. 3 Weighted averages compiled by the Federal Reserve Board: For details see issues of the Federal Reserve Bulletin for March, 1922, and March, 1924. 4 Weighted averages compiled by the Federal Reserve Board and corrected for seasonal variations: For details, see December, 1922, issue of the Federal Reserve Bulletin. 33 Table 2.—INDEXES OF COMMODITY STOCKS AND UNFILLED ORDERS [Index numbers for base year in bold-faced type] STOCKS i (held at end of month) Adjusted for seasonal element Unadjusted Indexes YEAR AND MONTH Raw foodstuffs Total » UNFILLED ORDERS > Raw mate- Manu- Manufacrial factured for tured com• Total 2 manu- foodmodifacstuffs ties ture Raw foodstuffs Raw mate- Manu- Manufacrial factured for tured commanu- foodmodistuffs facties ture Relative to 1919 100 89 161 192 144 156 100 106 147 110 111 120 100 94 78 72 81 85 100 August 124 126 116 101 211 216 177 127 88 82 75 77 59 74 87 90 114 110 107 102 133 130 128 119 233 220 214 174 100 100 96 102 66 75 80 80 September. October November December 111 120 121 125 142 140 141 161 110 154 155 143 81 76 75 72 105 112 116 119 126 116 119 117 190 150 163 163 121 120 116 111 1933 January February March April 126 130 132 123 175 201 215 196 123 107 98 89 73 75 77 77 121 122 118 114 121 116 117 117 165 157 161 169 104 103 102 104 130 110 93 96 83 82 78 83 73 86 94 94 116 121 129 131 111 115 114 125 September October November December 113 127 132 135 108 120 133 147 114 168 161 149 88 80 77 76 135 141 152 159 1934 January. February,. __ March April 132 139 146 136 151 186 212 178 130 116 103 97 76 77 75 73 129 127 122 121 154 137 119 119 90 84 82 83 127 142 146 155 122 148 154 192 116 167 187 180 monthly average... monthly average. __ monthly average... monthly average... monthly average. _. monthly average Iron and stee! Building materials Relative to 1920 100 96 132 126 119 135 1919 1920 1921 1922 1923 1924 Total 100 47 62 74 52 100 48 54 57 39 100 41 95 129 106 115 110 108 108 63 66 66 67 51 54 55 57 114 114 109 109 77 75 76 75 111 112 112 111 72 72 71 75 64 65 64 66 108 100 101 111 111 102 101 96 70 71 76 76 124 121 117 113 85 93 101 95 69 75 78 76 149 169 193 173 143 146 134 133 93 95 94 111 79 88 87 85 117 121 128 136 87 77 G8 60 71 65 59 53 154 125 104 90 118 118 122 125 119 113 122 141 118 130 123 119 83 80 82 81 140 141 147 146 58 54 53 58 49 44 43 45 95 91 94 109 157 155 164 165 136 135 136 136 164 173 169 164 125 118 110 109 74 74 79 86 161 154 161 163 63 63 61 54 47 47 46 40 130 129 124 112 74 87 100 102 168 169 164 159 141 134 130 134 178 157 151 160 105 98 95 100 86 87 89 87 169 169 161 165 47 43 44 46 35 32 31 32 98 87 96 107 100 93 83 82 157 157 158 159 135 137 136 145 148 154 153 190 118 129 141 142 90 87 84 88 165 161 155 148 46 43 53 62 34 34 42 49 97 81 99 114 98 135 117 130 161 1933 May June July __ Mav June July-. August May June July August .. September . October November December .. _ . _ 1935 January February March. April May June July August » Jl 1 Weighted index of stocks of commodities in hands of manufacturers or in other visible hands at the end of each month compiled by the 17. S. Department of Commerce, Bureau of the Census, from data on 45 commodities. Details are given in the February, 1924, issue (No. 30) of the SURVEY OF CURRENT BUSINESS, while seasonal eliminations are given in the April, 1924, issue (No. 32). 2 Weighted index of unfilled orders of manufacturers in the iron and steel and building industries at the end of each month compiled by U, S. Department of Commerce Bureau of the Census: For details see May, 1923, issue (No. 21) of the SURVEY OF CURRENT BUSINESS, http://fraser.stlouisfed.org/27456° Federal Reserve Bank of St. Louis 34 Table 3,—TEXTILES AND CLOTHING PYBOXTXIN-COAT£D. ' TEXTILES i Pyroxylin spread MONTH Pounds Shipments billed Production (all Men's Un- Men's Men's and and trousShip- Stocks New filled boys' ments orders orders boys' overers suits coats classes) Unfilled orders first of month Linear yards 1923 mo. average. __ « 2, 481, 820 652,050,209 1, 630, 267 1924 mo. average 2, 200, 352 MEN'S AND BOYS' GARMENTS CUT 3 HOSIERY' 3,352 3,331 6, 259 3,410 Cut Thousands of garments Thousands of dozen pairs « 2, 468, 817 1, 677, 462 WOSK CLOTHING4 5,755 « 1, 324 1,215 6 1,075 831 Bales Stocks Canliaiid, cella- oil end of tions month Dozen of garments « 337 7 149, 598 ? 147, 270 135, 528 127, 745 287 M,011 2, 646 204, 469 246, 119 1923 February March Apri] 3, 055, 319 3, 002, 415 2, 723, 832 2, 581, 733 4, 163, 411 3, 082, 256 1,594 1,806 1,458 1,248 1, 360 1, 178 128 169 217 MayJune July August 2, 931, 077 2, 104, 168 1, 916, 826 2, 219, 846 2, 201, 401 2, 028, 975 1, 759, 317 1, 702, 642 3, 082, 712 2, 129, 934 1, 919, 944 2, 141, 614 1,478 1, 532 1,290 1,273 1,150 991 1,059 1, 065 330 418 403 471 148, 032 139, 223 135, 524 137, 102 119, 678 144, 597 3.858 4, 935 3, 506 175, 962 210, 552 201, 505 Sentember October.. November December 2, 038, 903 2, 988, 201 2, 503, 404 2, 058, 037 1, 859, 863 2, 087, 002 1, 873, 288 1, 683, 001 2,155 854 1, 893, 505 2, 051, 729 2, 067, 210 i 966 981 1,021 1,181 846 1,031 1, 039 856 485 611 363 115 153, 178 173, 721 160, 571 135, 983 170, 223 176, 228 159, 012 124, 453 4,173 4, 468 4, 435 2, 699 194, 477 210, 503 208, 667 229, 508 1924 January _ !Febr u ar v March _ April _ . _ 2, 912, 097 2, 860, 884 3, 310, 039 2, 223, 558 2, 073, 087 1, 993, 039 2, 339, 254 1, 739, 625 2, 367, 131 2, 615, 261 1, 994, 548 1, 743, 374 3,801 3,747 3, 742 3,498 3,308 2,539 3, 619 3,388 6,432 6, 534 6, 548 6, 616 3,100 3,081 3,168 3,628 7,277 "6,711 6,037 6,276 1,482 1, 574 1,379 1,136 957 1,105 1,119 882 163 134 157 163 166, 497 152, 657 156, 526 153, 616 169, 962 143, 393 122, 372 132, 411 1,442 1,314 2, 073 2, 333 238, 136 255, 224 260, 721 271612 May June July - . . . August 2, 103, 865 1, 470, 547 1, 601, 810 1, 658, 968 1? 523, 878 1, 267, 542 1, 225, 246 1, 298, 549 1, 269, 073 1, 088, 848 1, 128, 149 1, 288, 654 3,400 3,091 2, 660 2,912 3,200 3,010 2,773 3,095 6, 494 6,557 6,396 6, 265 2, 730 2,589 2, 644 8, 203 5,290 4,673 4, 524 4, 548 1,007 1,0^8 1,036 1, 210 770 652 730 722 264 335 382 497 123, 106, 108, 118, 450 778 237 268 122, 944 122, 943 1 17, 023 124, 644 2,297 2, 3f,0 1, 204 2, 332 285. 090 2f 3, rt?S 238. r.«9 222,508 | 1, 892, 977 2, 459, 740 1, 888, 928 2, 020, 808 1, 455, 509 1, 644, 153 1, 535, 926 1, 467, 414 1, 395, 955 1, 290, 293 1, 301, 833 1, 446, 428 3, 107 3, 597 3,274 3,402 3, 533 3S 771 3,304 3, 434 6, 889 5,849 5,781 6,752 4, 003 4,452 4,433 3,907 4,980 5, 579 6,492 6,673 1, 053 905 1, 435 1,310 711 814 774 741 492 485 229 139 139, 746 137, 875 137, 299 125, 392 138, 102 129, 413 111, 993 97, 737 1, 750 7, 967 1,238 6,437 229; 638 223, 541 218, 160 244, 015 _. . i | i September October November December 1935 January February March April May Juno JWU.O July _ vari< i , __J """I ____ j 74,333 yards for March, 1923 (capacity >ress summaries. s Compiled from reports to the I/". S. Department of Commerce, Bureau of the Census: Reports for 1923 include firms varying between 327 and 335 in number, while 19244 data include from 327 firms in January to 305 in December. Compiled from reports to the U. S. Department of Commerce, Bureau of the Census, from 114 identical establishments of which 2 are now out of business; further details by materials used and sixes are given in press summaries. *6 Ten months' average. Eleven months' average. ' Seven months' average. 35 Table 4.—WOOL [Base year in bold-faced type] RECEIPTS AT BOSTON i YEAR AND MONTH Total Domestic Foreign IMPOSTS (unmanufactured) 3 STOCKS * CON(in grease equivalent) SUMPTION (in Held by grease Held by equivaTotal manufac- dealers 3 lent) turers Relative to 1921 Relative to 1913 RELATIVE mo. av. 100 mo. av_ 149 mo. av. 191 mo. av. 196 mo. av. 225 224 rno. av. 100 100 118 112 127 130 113 228 391 371 468 508 100 171 272 296 277 299 1919 1920 1921 1922 1923 1924 mo mo mo. mo. mo. mo 213 122 152 193 185 139 132 65 89 118 90 124 419 266 315 383 429 176 294 171 211 248 260 176 1923 Mav June July August 285 237 180 113 79 164 193 131 811 422 147 65 373 238 106 81 13£" 119 105 109 September.. October November.. December.. 74 40 62 109 77 32 61 115 66 60 66 94 62 76 78 93 106 117 114 103 1934 January February— M arch _ . April 161 96 202 90 88 40 92 74 347 240 486 132 243 312 325 233 122 115 108 101 May June Julv August 101 150 200 199 84 192 266 242 145 42 30 89 150 130 48 68 83 70 77 91 September.. October November.. December.. 101 83 122 157 no 82 91 123 78 87 200 243 96 132 130 252 103 124 110 116 208 25 674 1935 January February March April May June July.. August Total Domestic Foreign Relative to last two quarters of 1920 100 124 121 102 CONSUMPTION (in grease equivalent) 3 STOCKS * (in grease equivalent) Total Held by manufacturers Held by dealers NUMERICAL DATA slOO 5100 siOO 6101 796 91 72 6 135 U58 135 113 683 763 68 51 100 143 78 122 73 117 58 90 i 79 IMPORTS (unmanufactured) 2 Thousands of pounds NUMBERS 1913 1914 1915 1916 1917 1918 av av av. av. av. av. RECEIPTS AT BOSTON * 70 116 46 78 113 59 74 115 52 68 108 46 18, 761 27, 906 35, 801 36, 683 42,215 41, 956 13, 483 15, 894 15, 142 17, 100 17, 510 15, 275 5,278 12, 012 20, 660 19, 583 24, 705 26, 682 12,651 21, 680 34, 393 37, 432 35, 083 37, 811 39, 918 22, 890 28, 590 36, 147 34, 758 26, 001 17, 825 8,809 11, 977 15, 909 12, 094 16, 687 22, 093 14, 030 16, 613 20, 238 22, 664 9,315 37, 158 21, 635 26, 717 31, 329 32, 854 22, 328 44,125 54, 510 53, 467 44, 813 53, 383 44, 403 33, 843 21, 125 10, 586 22, 144 26, 081 17, 680 42, 797 22, 259 7,762 3, 445 47, 173 30, 129 13, 422 10, 289 59, 682 52, 649 46, 347 48, 233 13, 907 7, 511 11, 676 20, 463 10, 434 4,335 8,202 15, 511 3, 473 3,176 3,474 4,952 7,883 9,566 9,815 11, 797 46, 616 51,815 50, 279 45, 452 30, 159 18, 100 37, 985 16, 919 11,823 5, 458 12, 342 9, 965 18, 336 12, 642 25, 643 6,954 30, 786 39, 487 41, 058 29, 457 53, 845 50, 633 47, 630 44, 361 19, 018 28, 125 37, 441 37, 336 11,367 25, 918 35, 864 32, 660 7, 651 2,207 1,577 4,676 18,916 16, 397 6,061 8,631 36, 507 30, 972 33, 778 40, 064 18, 986 15, 626 22, 860 29, 460 14, 865 11,050 12, 299 16, 629 4,121 4,576 10, 561 12, 831 12,129 16, 638 16, 501 31, 873 45, 638 54, 854 48, 380 51, 098 38, 987 3,418 35, 559 5 529, 174 6 533, 473 7 507, 723 480, 867 383, 100 5 183, 917 « 345, 258 6 247, 412 6 286, 061 7 291, 318 7 216, 405 247, 431 233, 437 207, 803 175, 297 531, 699 263, 113 268, 586 474, 748 223, 883 250, 865 415, 681 214, 527 201, 154 371, 158 213, 129 158, 029 410,381 207, 111 203, 270 ' 391,248 211,515 179, 733 359, 612 19,455 ICO, 111 .. . | 1 Receipts of wool at Boston compiled by the Boston Chamber of Commerce and comprise usually about two-thirds of all wool imported and about half of the domestic wool2 clip. All classes of wool are combined in these figures, without reduction to grease equivalent. Imports are from the U, S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and total wool of all classes, without reduction to grease equivalent. 3 Consumption of wool by textile mills from U. S. Department of Agriculture, Bureau of Agricultural Economics, until April, 1922, when the compilation was transferred to the U. S. Department of Commerce, Bureau of the Census. These data reported by almost 600 manufacturers represent nearly 80 per cent of the industry, the figures and thereafter by that bureau jointly with U. S. Department of Commerce, Bureau of the Census. Figures have not been received from practically the same manufacturers as fail to report on wool consumption while about 15 dealers do not report. Stocks in dealers' hands include U. S. Government stocks taken ov^er during the war and finally disposed of shortly after the end of 1921. Stocks include wool, tops, and noils and are reduced to grease equivalent in the same manner as in the consumption report; further details as to classes of wool, etc., are given in press releases. 6 Average of the last two quarters of 1920. «Average of the first three quarters of 1921. 7 Average of the last three quarters of 1922. 36 Table 5.—COTTON1 [Relative numbers for base year in bold-faced type; numerical data on opposite page] Production (crop estimate)4 YEAR AND MONTH Receipts into sight Imports Exports (including linters) STOCKS, END OF MONTH Consumption WOHL1> VISIBLE SUPPLY* Domestic Total Mills Warehouses Total cotton American cotton Relative to 1913 100 1909-1913 monthly average 1913 monthly average 1914 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average _ . 1923 monthly average 1924 monthly average 100 too 100 137 122 128 194 169 144 103 135 106 89 105 144 112 89 117 105 107 97 106 109 80 179 203 193 277 189 137 137 91 115 129 145 113 79 .84 91 116 131 148 104 69 77 177 156 143 125 146 149 150 138 202 162 138 114 113 104 96 81 109 28 75 59 133 116 99 106 104 83 66 64 120 99 81 eo 92 71 55 68 68 56 46 44 46 36 28 30 95 107 106 116 104 117 114 100 95 149 169 167 57 81 106 120 124 202 218 204 56 86 97 105 52 90 104 110 235 239 245 199 75 66 46 44 124 109 104 103 149 132 114 92 120 116 111 98- 172 145 116 88 102 104 94 80 98 90 76 59 93 95 34 18 21 33 79 67 32 20 45 32 29 38 89 75 75 77 74 59 45 44 85 70 53 41 65 51 39 47 71 61 50 43 50 40 30 27 98 96 98 101 153 233 230 206 48 89 86 240 101 130 180 148 94 114 106 114 84 161 193 193 38 54 77 97 120 245 285 268. 60 97 118 133 55 109 140 155 115 270 148 127 172 105 224 133 153 109 124 86 88 87 100 86 104 99 80 *100 92 88 103 61 75 78 101 166 15& 114 »100 8 105 96 81 55 100 98 108 119 122 100 111 159 155 134 100 89 114 77 87 78 86 82 78 92 92 144 246 114 153 154 132 47 75 71 74 70 61 78 111 106 105 97 109 117 99 152 160 155 198 153 125 112 72 34 38 26 518 327 262 184 65 49 44 36 131 122 134 124 88 88 31 23 24 45 116 66 31 17 22 30 24 34 83 85 79 78 124 197 177 142 33 37 82 173 75 35 31 34 2101 i 1923 January March April . Mav June July August . September October November December ..»-_. «_ _ ; 1924 January February March.. _ April May June July .. _____ _ August September October November December. _. _ 1935 January February March April... May June July. : _ __ ._ _ , _ „ AugUSt See footnotes on opposite page also. i Receipts into sight compiled by New Orleans Cotton Exchange; world visible supply from Commercial and: Fincmsml Chxomde; production estimates from U. S. Department of Agriculture, Btibreaw of Agricultural Economies: imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; consumption, ginning, and domestic stocks from U. S. Department of Commerce, Bureau o/ the Census. Linters are not metaded in the statistics in this table, except in the exports. 8 All bales are running bales counting round as half bales, except for imports, which are given in equivalent 500-pound bales. 37 Table 6.—COTTON' [Base year infoold-f»ee«ttype; relative numbers on opposite page] STOCKS, END OF MONTH Production YEAR AND MONTH (crop estimate)* Ginnings* Exports (total crop Receipts Imports (including to end of into sight linters) month indicated) Consumption WORLD VISIBLE SUPPLY' Domestic Total Mills Warehouses Total cotton American cotton 1, 725, 715 Bales3 ] 1909-13 mo. av 1913 mo. av 1914 mo. av 1^15 mo av 1916 nio av 1917 ino. av _ 13, 033, 235 14,156,486 16, 134, 930 11, 191, 820 11, 499, 930 11, 302, 375 3918 mo 1919 mo. 1920 mo. 1921 mo. 1922 mo 1993 mo 1924 mo 12, 040, 532 11, 420, 763 13, 439, 603 7, 953, 641 9, 762, 069 10, 139, 671 13, 153, 000 av av av av av av av 1923 January February March, April 13,982,811 15,905,840 11, 068, 173 11, 363, 915 11, 248, 242 1, 203, 092 1, 035, 730 1, 256, 604 1, 186, 402 959, 945 3 20, 809 20,558 33, 798 32, 064 23, 103 a 737, 048 > 763, 775 696, 583 585, 810 401, 570 465,289 454, 084 500, 749 551, 701 567, 984 3, 085, 133 3, 414, 852 4, 898, 345 4,777,800 4, 137, 287 1,359,417 1, 209, 177 1, 552, 989 1, 863, 668 1, 658, 513 2, 205, 675 3, 345, 356 2, 914, 132 2, 478, 774 4, 388, 925 4, 514, 255 6, 901, 273 4, 639, 678 3, 918, 069 3, 094, 383 3, 256, 082 4, 448, 002 3, 470, 326 2,756,811 11, 906, 480 11, 325, 532 13,270,970 7,977,778 9, 729, 306 10, 159, 498 930, 820 1, 050, 988 940, 762 1, 036, 637 984, 931 934, 750 1, 105, 315 18,781 29, 226 49,999 23, 137 31, 008 81, 228 26, 752 342,696 646, 432 513, 261 540, 435 509, 484 439, 930 566, 241 514, 712 493, 293 486, 933 450, 565 607, 294 643, 444 459, 353 4,687,250 4, 935, 974 4, 792, 190 , 6, 100, 426 4, 706, 032 3, 853, 119 3, 445, 738 1, 594, 678 1, 430, 976 1, 453, 064 1, 312, 882 1, 447, 198 1, 480, 319 1, 087, 285 3, 092, 672 3, 504, 998 3, 339, 136 4, 787, 564 3, 258, 836 2, 372, 800 2, 358, 453 4, 009, 395 6, 059, 275 6,667,262 6, 347, 629 4, 950, 925 3, 476, 768 3, 704, 766 2, 826, 666 3,601,306 4,083,364 4, 588, 529 3, 230, 285 2, 131, 109 2, 394, 432 9, 648, 261 9, 729, 306 872, 132 410, 188 452, 817 305,058 105, 215 .66,329 63, 219 37, 271 473, 436 359, 657 318, 210 259, 984 610,306 586, 805 624, 264 67% 514 6,474,067 4, 824, 204 4,413,634 3, 843, 912 1, 988, 115 2, 020, 900 2, 033, 837 1, 878, 198 3, 483, 952 2, 803, 304 2, 379, 697 1, 965, 714 4, 947, 121 4, 557, 781 4,203,063 a, 568, 8§0 3, 369, 121 2, 733, 781 2, 335, 063 1, 812, 705 23, 593 13, 367 6,356 3,420 160, 368 214, 851 171, 469 244, 415 620, 854 642, 026 462, 654 492, 483 3, 214, 386 2, 574, 652 2,044,999 1, 982, 798 1, 634, 167 1, 347, 468 1, 099, 556 810, 511 1, 580, 219 1, 227, 184 945, 443 1,172,287 2, 967, 114 2,465,674 2,004,002 1,924,949 1,432,114 1, 108, 674 865,392 £13, 949 May June July . . August 11, 412, 000 11, 516, GOO 1, 142, 660 374, 977 275, 127 291, 837 537, 967 September.. . . October November December 10, 788, 000 11, 015, 000 10, 248, 000 10,139,671 3, 235, 974 7,556,042 9, 243, 380 9, 549, 015 1, 487, 208 2, 368, 013 2, 134, 887 1, 706, 793 6,608 7,615 16, 564 35, 173 689, 435 774, 320 767, 289 845,731 485, 665 543, 260 532, 702 463, 789 2, 919, 644 4, 591, 352 5, 213, 678 5, 140, 205 772, 632 1, 106, 347 1, 444, 474 1, 627, 628 2,147,012 3,485,005 3, 769, 204 3, 512, 577 2,445,605 3, 768, 991 4, 263, 125 4,604,786 1,596,605 2,784,991 3,226,125 3, 404, 786 9, 944, 032 10, 159, 498 896, 469 421, 331 369, 396 403, 471 47, 693 48, 601 49,832 40, 436 546, 853 482,146 332, 168 320, 774 578, 468 508,677 486, 840 478, 583 4,601,807 4,080,514 3, 504, 404 2,840,520 1, 637, 824 1, 583, 439 1, 503, 852 1, 329, 901 2,963,983 2,497,075 2, 000, 552 1,510,619 4,477,084 4,584,208 i, 127, 222 3, 520, 382 3,030,084 2, 785, 208 2, 365, 222 1,834,382 16, 107 13, 641 6,597 4,136 326, 357 230, 979 211, 533 277, 641 413,967 350, 021 347, 099 357, 455 2,283,710 1,831,844 1, 395, 514 1, 363, 582 1, 157, 428 949, 647 721, 589 552, 669 1, 126, 282 882, 197 673, 925 810, 913 3, 110, 135 2, 667, 297 2, 160, 493 1,898,309 1,541,135 1, 223, £97 933,493 823, 309 ±924: January February ... March. _ . April May June July August September _ _ October November Dfiramhpr 1935 January February March. April 12, 144, 000 12, 351, 000 958., 204 405,927 220, 426 254, 101 394, 930 12, 787, 000 12, 499, 000 12, 816, 000 13, 153, 000 4, 525, 520 9, 694, 920 12, 225, 025 12,796,216 1,845,069 2, 807, 409 2, 767, 047 2, 478, 206 9,654 18, 113 17, 549 48,063 737,010 947, 556 1, 306, 550 1, 075, 923 435, 216 532, 629 492, 233 532, 047 2, 687, 493 4, 955, 510 5, 960, 831 5, 943, 128 614, 537 730, 6S6 1, 046, 612 1, 319, 265 2,072, 956 4, 224, 854 4, 914. 219 4, 623, 863 2,619,116 4, 266, 825 5, 174, 668 6, 821, 450 1,688,116 3, 357, 825 4, 345, 668 4, 805, 450 13,308,037 1,379,161 54, 822 1,076,075 589, 725 5,297,289 1, 433, 814 3, 863, 475 5,830,282 4, 722, 282 . _ May June July August See footnotes on opposite page also. *The yearly figures represent the latest revised estimates of total production for the year (not a monthly average). The monthly figures show the current estimate of total production as reported each month. 6 Figures for September are to Sept. 25 only, prior to 1924. December figures cover ginnings through December 13 only. January figures for all years cover ginnings through Jan. 16 and February figures cover all ginnings of the crop. Yearly figures represent total ginnings for the cotton crop harvested in that year (not a monthly average). Monthly crata for prior years 1914-1922 are given in the April, 1923, issue (No. 20) of the SURVEY, page 51. a These figures represent world visible supply on the Saturday nearest the end of the month. 38 Table 7.—ACTIVE TEXTILE MACHINERY [Base year in bold-faced type] COTTON 2 WOOLi Woolen spindles YEAR AND MONTH Wor- sted spindles Wide Narrow Carpet looms looms looms Active spindles Woolen WorWide Narrow Carpet Active spinsted dles spindles looms looms looms spindles Relative to 1913 Per cent of active to total RELATIVE NUMBERS 100 101 110 116 121 118 100 104 100 122 115 108 100 99 95 116 116 119 100 105 96 126 121 118 100 99 104 118 109 90 105 88 94 108 112 104 104 100 114 105 119 93 105 86 96 93 109 93 104 96 97 100 114 105 79 99 82 118 126 110 95 104 109 108 116 116 101 84 89 93 88 81 100 100 99 88 112 112 109 108 91 92 92 101 85 86 86 88 110 109 109 110 109 120 122 120 110 113 117 117 IVTay June .. July August September October November .. December 1924 January February March April ... -. 1913 1914 1915 1916 1917 1918 monthly av monthly av monthly av monthly av monthly av monthly av 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av.. 1923 monthly av 1924 monthly av COTTON 2 WOOLi Thousand SILK* Broad Narrow Spinning looms looms spindles Per cent of operation NUMERICAL DATA 100 101 102 106 109 110 77 78 85 89 93 91 74 77 74 90 85 80 74 73 70 86 86 88 73 77 70 92 88 86 68 67 71 80 74 61 30, 560 30, 748 31, 136 32, 293 33, 400 33, 524 111 111 108 108 113 | 102 81 68 72 83 86 80 77 74 84 78 88 69 78 64 71 69 81 69 76 70 71 73 83 77 54 67 56 80 86 75 33, 876 33, 801 33, 052 33, 036 34, 681 31, 109 359.3 73.5 72.5 3*2.1 55.8 47.8 68. 6 72.5 69.5 115 116 116 116 113 110 104 103 73 80 84 83 86 86 75 62 66 69 65 60 73 73 72 64 78 79 79 79 34, 441 33, 755 31, 873 31, 390 59.4 54.3 33.5 37.9 53.2 52.8 89 92 99 93 115 115 115 116 104 104 105 106 86 86 84 83 67 68 68 75 63 64 64 65 65 67 72 68 78 78 78 79 31, 641 31,883 32, 052 32, 492 49.8 53.5 55.6 58.8 35.3 35.8 36.4 45.3 59.3 65.4 48.9 65.2 97 104 109 109 104 108 112 114 121 122 124 125 109 111 113 114 85 84 84 85 81 89 90 89 72 77 81 81 76 79 82 83 82 83 84 85 33, 316 33, 837 34, 658 34, 976 59.1 65.5 67.0 70.3 45.2 49.0 49.9 52.7 65.7 69.0 72.8 74.0 122 123 127 127 109 112 116 118 118 118 118 116 126 125 128 126 115 116 116 116 85 87 90 90 90 91 94 94 81 83 86 87 86 86 86 85 86 85 87 86 35, 237 35, 304 35, 498 35, 513 74.5 75.6 76.8 73.5 54.6 55.7 54.0 49.1 76.7 72.9 75.2 78.8 117 113 312 109 127 122 123 115 118 114 111 104 116 115 114 111 128 129 126 125 116 114 112 110 90 87 86 84 94 90 91 85 87 84 82 77 85 84 83 81 87 88 86 85 35, 374 34, 856 34,244 33, 705 72.6 73.2 73.6 73.8 58.5 61.2 57.2 56.8 75.2 74.6 77.4 75. 2 109 109 106 105 112 114 111 104 104 104 104 99 110 111 110 108 124 127 126 126 111 112 112 111 84 84 82 81 83 84 82 77 77 77 77 73 80 81 80 79 84 86 86 86 33, 931 34, 336 34, 124 34,050 72.6 71.9 71.4 72.3 52.9 58,1 64.3 48.7 68.8 63.1 63. 0 68.6 105 106 109 106 99 105 105 97 99 96 97 96 111 111 110 108 121 122 121 109 109 107 106 104 81 82 84 82 73 78 78 72 73 71 72 71 81 81 80 79 82 83 82 74 33, 280 32,684 32, 392 31, 872 75.8 73.8 72.8 70.8 48.5 46.8 51.0 48.1 73.4 74.5 69.4 67.2 103 101 96 95 88 78 74 78 93 89 84 81 107 100 101 101 96 94 100 100 100 96 94 95 79 78 74 73 65 68 65 68 69 66 62 60 78 73 73 74 65 64 68 68 30, 493 29, 216 28,710 28,946 62.9 61.8 61.9 68.7 45.5 43.0 46.3 44.5 62.1 59.9 64.9 66.6 103 108 108 109 91 101 104 101 88 97 103 103 101 104 107 101 109 113 116 119 99 102 104 107 79 83 83 84 67 75 77 75 65 72 76 76 74 76 78 74 74 77 79 81 30, 122 31, 079 31, 790 32, 662 76.1 81.9 81.4 81.5 48.2 50.0 60.3 51,2" 68.4 74.6 75.2 78.0 3 1922 January February March April IVIay June July August . September October November December 1923 January February March April May June .July August - , September October November December 1925 . ..- 109 33, 181 April July * Percentage of active wool machinery compiled by the U. S. Department of Commerce, Bureau of the Census, except for 1913, when it was collected by the National Asso elation of Wool Manufacturers. Previous to October, 1922, these figures were originally given as of the first of the following month, representing the previous month's operations, but these have now been changed to show the activity for the month to which properly credited. 2 Data from U. S. Department of Commerce, Bureau of the Census, representing total spindles active in textile mills during the month. 3 Ten months' average. * Compiled by the Silk Association of America from manufacturers representing about 60 per cent of the industry. The figures are weighted averages of each section of the silk industry, for which details are given in the association's monthly reports. 39 Table 8.—HOURLY ACTIVITY IN TEXTILE MACHINERY [B&se year in txtki-farod type] | COTTON » Spinning spindles Looms YEAR AND MONTH Per spindie In plf&ee WIDE IS AllKOW j Relative to 1922 Relative to 1921 Spinning spindles CARPET 192irno.av__ 1OO 1922mo.av__ 09 192omo, av__ 120 1924mo.av__ 100 1OO 102 119 97 10(1 150 160 128 100 100 124 102 138 i 109 123 i 90 AND WOOL- WOREN STED Per i Total spin- Per spindle dle cent of in hours place pa«ity Millions Hours j of hours Per cent of active hours to total reported Per cent NUMERICAL DATA ( 100 100 i j 'OS 120 j 96 lOO 128 i 112 107 118 80 || 87 i 399 100 106 85 as. 8 63.9 08. 4 82.5 68.5 05.3 76.1 61. 8 51. 3 76.9 82.0 65.9 88.8 98.6 88.2 89.1 90.8 97.5 80.0 80. 4 92.1 85,0 81.9 78.6 91. 6 65. 8 « 7, 539 7,723 8, '288 6, 696 3 206 209 222 177 '93,1 93.7 71.5 71.9 08.8 78.6 l! i 1923 May 97 109 91 104 97 99 91 104 62.4 63.8 62. 8 83.6 55. 2 59, 9 62. 5 58.3 75. 5 72.1 70.4 76.8 89.7 91. 0 88.2 88.8 79.2 81.2 80.4 85. 5 88.6 89.9 86.0 86.2 65. 3 68.5 66.1 71.4 7, 493 7, 646 7, 045 8, 033 203 207 191 217 88. 1 91.6 87.3 92.1 100 107 113 107 100 107 112 106 72.4 78.6 80. 0 84. 5 71.3 77.7 72.7 73.3 80.9 74.0 83.7 83.3 91.3 93.8 93.7 94.4 93.2 106. 4 J14.4 103.8 88.1 90. 6 89.7 90.5 84. 0 94.0 93. 7 98. 6 7, 761 ! 8, 289 8,750 8,228 | 209 223 234 221 93.9 99. 2 306.2 101.2 120 88.7 79. 7 j 92.9 89.5 83.7 74. 3 85.7 83.7 86.3 81.9 87.1 82.5 95.1 95.0 103. 9 127.3 103.0 93.3 117. 9 119.8 91.6 94.6 98. '6 102. 0 95.4 95. 8 102.1 109.5 9, 266 ! 8,449 9, 531 8,787 249 227 123 114 119 109 122 113 236 107.5 109. 6 108. 3 109. 3 126 118 110 100 121 109 92 98 119 107 91 97 91.3 90. 1 80.7 76.3 84.4 83. 0 73, 8 63.8 85.7 85.0 74.1 79.9 101.4 105. 4 94.2 93.2 112.6 102. 6 97.2 84.4 99.9 - 103, 6 95. 1 92. 8 89.7 90.3 81.5 89.0 9, 309 8, 385 7, 136 7, 569 24:9 224 191 202 107.7 98.7 87.3 •85.7 124 122 123 112 101 106 101 91 97 109 104 92 96 107 102 91 77.6 76.7 77.0 71.2 67.4 73. 9 74.1 65.9 80.9 84. 2 84. 5 71.4 94.0 92.7 93.3 87.4 85.5 86.2 85.4 83.3 88.9 88.0 88.7 80.7 82.9 87.0 83.0 74.2 7,482 8, 382 8,015 7,139 200 223 213 190 93.2 95.4 96.6 86. 8 101 105 102 87 120 125 128 123 89 94 90 82 109 | 95 92 88 107 93 89 86 72.8 71.4 71.4 65.7 67.3 66.5 66.3 52.5 75.0 76.1 72.7 64.3 87.1 94.5 98.9 90.9 89.8 94.0 90.6 77.7 86.4 89.6 92.0 88.3 72.8 76.9 73.5 67.1 8, 44.8 7, 304 7,073 6,770 224 194 187 179 96.7 89.8 82.4 79.9 125 118 * 107 102 89 59 60 77 115 110 99 100 69 59 54 62 76 69 67 70 75 67 65 68 68.1 61.6 58.4 58.4 61.9 56.7 50. 2 54.3 54.0 48.9 51.6 56.8 89.2 84.5 76.8 73.0 61.1 52.6 53.4 68.2 82.7 79.0 71.5 72.1 56.7 48.1 44.1 51.1 5,908 5, 336 5, 158 5, 400 156 141 136 143 67.5 64.6 60.6 62.8 122 328 129 129 97 110 108 104 120 126 124 128 82 96 93 95 83 98 92 101 81 91 90 99 65.9 73.9 76.8 77.8 59.1 65.1 71.6 70.0 65.2 71.6 77.8 76.2 87.1 91.8 92.1 92.3 86.3 98.1 95.8 92.4 86.4 90.8 89.5 92.1 67.0 78.7 76.1 77.5 6, 415 7, 593 7,124 7, 817 170 201 188 206 76.1 85.4 87.5 90.4 _ 91 93 91 92 86 94 93 91 147 141 137 150 125 127 123 124 89 91 90 96 123 125 J20 120 80 84 81 87 September __ October November.. December... 105 114 116 123 112 122 114 115 158 144 163 162 128 131 131 132 105 119 125 13.6 123 126 125 126 103 115 114 120 1933 January February March . April 126 116 135 130 131 116 134 131 168 160 170 161 133 133 14o 178 116 105 132 134 vn 132 13? 142 116 117 125 134 M-;y Juno . Julv. August- J33 131 117 111 132 130 115 100 167 1G6 144 156 142 147 132 130 126 115 109 95 139 129 126 124 September.. October November.. December. .. 113 111 112 103 105 116 116 103 158 164 165 139 131 130 130 122 96 97 96 93 1934 January February--March April 106 104 104 95 105 104 104 82 146 148 142 125 122 132 138 127 99 90 85 85 97 89 79 85 105 95 101 111 September.. 96 October 107 November.. 112 December... 113 92 102 112 110 127 140 152 149 JU]>0 - Julv August Sets of cards RUG RELATIVE NTJMBSRS 1 COTTON 2 Looms Total spindle WOOL- WOR- hours 'EN | 8TED Combs Sets CARof cards PET NARWIDE ROW AND RUG WOOL i Combs WOOL i j ; 109 i May June July August 1935 Jaii-'ftry February March April _. May.._._... June July.. August „ 1 j * Compiled by the U, S. Department of Commerce, Bureau of the Census. Previous to October, 1922, these figures wore originally given as of the first of the following month, representing the previous month's operations, but these have now been changed to show the activity for the month to which properly credited; where activity of over 100 per cent is shown, overtime was reported sufficient to offset all idle hours and leave an excess. Details as to number of spindles, etc., given in press releases. 2 Compiled by the U. S. Department of Commerce, Bureau of the Census, The capacity percentage takes into account working days, on a single-shift basis, exclusive of holidays. Details by States are given in press releases. * Average for five months, August to December, inclusiv*. 40 Table 9.—TEXTILE WHOLESALE PRICES [Base year in bold-faced type; numerical data on opposite page] COTTON YARN COTTON » Price to producer, all grades YEAR AND MONTH Middling upland, New York Carded, white, northern, mule spun, mn COTTON GOODS Fairchild, index * cones, Boston Print, cloth, 27", 61X60 7.60 yds. to lb., Boston W 5^f' New York Wooldyed, blue, 55/5S", Middlesex New York Japan* ese, Kansal, No.!, New York 100 100 89 99 135 193 260 100 94 101 128 204 262 1OO 104 144 164 | 264 *304 ! 100 82 101 135 201 272 100 107 125 153 279 3323 274 344 143 j 168 I 172 185 298 291 149 219 247 249 256 ! 204 104 ! 172 204 212 210 235 152 182 223 218 234 238 157 149 182 184 260 271 183 201 234 237 244 227 166 198 226 163 191 208 223 223 176 | 176 190 \ 196 228 235 244 246 176 188 204 204 187 193 212 212 145 146 169 169 213 213 221 221 210 229 217 226 215 219 224 224 227 232 238 229 197 206 208 | 210 i 253 253 253 261 204 212 212 212 219 225 225 225 169 176 184 184 221 227 227 227 225 241 237 256 190 185 177 175 214 207 199 195 212 203 192 187 202 194 190 181 268 263 253 240 212 212 204 200 232 232 232 225 184 184 184 184 239 239 239 239 232 211 197 202 223 235 274 280 191 i 200 218 228 207 210 220 224 204 217 229 236 181 204 208 217 232 228 228 235 188 188 192 204 219 212 212 212 184 184 184 184 239 239 239 239 269 215 215 213 271 262 231 239 271 249 223 234 223 211 195 192 222 213 202 197 223 205 192 192 220 204 196 180 240 247 247 239 208 216 216 212 219 219 212 212 184 184 184 184 239 239 239 239 202 189 171 155 . 234 232 228 232 247 235 248 229 192 191 190 189 195 195 194 199 192 198 197 202 177 176 175 • 189 233 225 228 239 196 176 176 192 212 206 200 206 184 184 184 184 239 233 233 233 132 137 148 167 _. . 185 193 188 200 191 192 190 186 175 181 180 180 193 193 194 194 190 192 195 196 179 168 173 176 253 260 282 295 212 228 244 280 212 225 238 251 184 184 184 184 233 239 239 239 149 158 170 174 293 276 '100 88 81 120 181 268 97 91 122 187 292 100 88 84 122 192 328 252 250 106 163 228 224 254 265 119 166 230 224 241 284 133 161 196 192 272 323 162 187 213 199 287 364 146 190 214 194 167 187 198 204 168 178 200 201 167 171 182 186 183 193 206 209 1933 January . - ~. February - .-- . March _ _ April 216 231 237 224 215 226 240 226 192 197 203 200 : MayJune July August 213 218 196 201 216 222 202 199 227 240 258 *268 monthly average monthly average monthly average monthly average monthly average monthly average 1932 September .. October . November December - .. - . - ... . _. ._ 1934 .__ . . _. .. _. September October November December fleeces Storm serge, all wool, double SILK, RAW 91 84 118 193 317 100 95 79 113 184 249 May Jun1? July August 3/32's crossbred stock, Boston SUITINGS 100 100 85 162 117 188 246 January February March April U blood Terri- combing grease, tory Ohio fine and staple Pennscoured sylvania WOMEN'S DEESS GOODS Relative to 1913 100 1913 monthly average 1914 mont-My average 1915 monthly average 1918 monthly average 1917 monthly average 1918 monthly average September October November December WORSTED YARN Eel. to 1911-1913 Relative to 1913 1919 1920 1921 1922 1923 1924 Sheetings, 4/4 ware shoals, L L 36", 4yds. to lb., New York WOOL (BOSTON) .» j 102 91 134 151 172 1935 189 May June Tnlv See footnotes on opposite page also. i Except for the price of cotton to the producer, which is described below, all prices are averages of weekly quotations and are compiled by the U. S, Department of Labor, Bureau of Labor Statistics, except for the wool quotations, which are from the U. S. Department of Agriculture, Bureau of Agricultural Economics, and the Fairchild cotton goods index, which is compiled by the Daily News Record, and represents wholesale quotations of 36 standard cloths in the New York market. Monthly wool prices 1913 to 1923 are given in the December, 1923, issue (No. 28), p. 52. Monthly data on other items, except Fairchild *ndex, for 1920 and 1921 appeared in May, 1922, issue, http://fraser.stlouisfed.org/ (No. of 9),St. p. 47. Federal Reserve Bank Louis 41 Table 10.—TEXTILE WHOLESALE PRICES' [Base year in bold-faced type; relative numbers on opposite page] YEAR AND MONTH COTTON J COTTON YARN COTTON GOODS Middling Price to producer, upland, all grades New York Carded, white, Northern, mule spun, 22/1 cones, Boston Print Sheetings, cloth, 27", 4/4 ware 64X60, shoals, 7.60 yds. L L, 36", to lb., 4 yds. to lb., Boston New York av av av av av av WORSTED YARN 2/32's crossbred stock, Boston fleeces WOMEN'S DRESS GOODS SUITINGS SILK, RAW Storm serge, all Wool-dyed, Japanese, blue, wool, Kansai, double No. 1, warp, 50", Middlesex, New York New York New York Per pound Per yard Per pound $0. 138 .121 .102 .145 .235 .318 $0. 248 .218 .198 .297 .449 .662 (0. 035 $0. 061 .030 .029 .042 .066 .113 .056 .052 .072 .118 .195 $0.57 .61 .71 .87 1.59 U.84 $0.25 .26 .36 .41 .66 '.76 $0. 777 .640 .788 1.050 1.556 2.109 $0. 563 .500 .557 .762 1.088 1.465 $1. 545 .102 .194 .140 .225 .295 1. 459 1.564 1.974 3.158 4.040 $3. 640 3.694 3. 318 4.867 5.494 6. 273 .302 .300 .127 .196 .273 .269 .325 .339 .152 .213 .294 .287 .596 .703 .331 .397 .486 .475 .099 .126 .051 .066 .075 .068 .168 .210 .087 .104 .123 .113 1.70 1.66 .85 1.26 1.41 1.42 .64 .61 .26 .43 .61 ,53 1.627 1.825 1.179 1.413 1.729 1.692 1.318 1.340 .882 .838 1.024 1.035 4.009 4. 179 2.933 3.101 3.623 3.660 8.880 8.273 6. 035 7.219 8.228 5.917 $0. 120 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av 1923rno. av.._. 1924 mo. av \i blood combing grease, Ohio and Pennsylvania Territory fine staple, scoured Per yard Per pound 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. 1918 mo. WOOL (BOSTON) j i 1923 September October . November ._ December.. . .200 .224 .238 .245 .215 .228 .256 .257 .412 .424 .452 .460 .066 .072 .077 .077 .108 .108 .117 .120 . 1.30 1.34 1.39 1.40 .44 .47 .61 .61 1.450 1.500 1.650 1.650 .815 .824 .650 .950 3.285 3.285 3.420 3.420 7.644 8.330 7.889 8. 232 1933 January February March April .259 .277 .284 .269 .275 .290 .307 .290 .474 .487 .502 .495 .078 .080 .082 .079 .121 .126 .128 .129 1.44 1.44 1.44 1.49 .61 .53 .63 .53 1.700 1.750 1.750 1.750 .950 .993 1.035 1.035 3.420 3.510 3.510 3.510 8.183 8.771 8.624 9.310 .256 .262 .235 .241 .277 .284 .259 .255 .073 .070 .066 ,064 .124 .119 .117 ,111 1.53 1.50 1.44 1.37 .53 .53 .51 .50 1.800 1.800 3.800 1.750 1.035 1.035 1.035 1.035 3.690 3.690 3.690 3.690 8.428 7.693 7.154 7.350 .272 .288 .310 2.321 .286 .301 .350 .358 .472 .494 .540 .564 .071 .075 .079 .081 .111 .125 .128 .133 1.32 1.30 1.30 1.34 .47 .47 .48 .61 1.700 1.650 1.650 1.650 1.035 1.035 1.035 1.035 3.690 3.690 3.690 3.690 9.800 7.840 7.840 7.742 .325 .314 .277 .287 .347 .319 .285 .299 .552 .522 .483 .476 .077 .071 .066 .066 .135 .125 .121 .110 1.37 1.41 1.41 1.36 .52 .64 .54 .53 1.700 1.700 1.650 1.650 1.035 1.035 1.035 1.035 3. 690 3. 690 3.690 3. 690 , ' 7.350 6.860 6.223 5.635 .281 .278 .273 .278 .316 .300 .317 .293 .475 .474 .471 .469 .066 .068 .068 .070 .108 .108 .108 .116 1.33 1.28 1.30 1.36 .49 .44 .44 .48 1.650 1.600 1.550 1.600 1.035 .035 .035 .035 3. 690 3. 600 3. 600 3.600 | 4.802 4.998 5.390 6.076 .222 .231 .226 .240 .244 .245 .243 .238 .432 .449 .446 .446 .066 .066 .067 .068 .110 .103 .106 .108 1.44 1.48 1.60 1.68 .53 .57 .61 .70 1.650 1.750 1.850 1.950 .035 .035 .035 .035 3.600 3. 690 3. 690 3. 690 5. 439 5.733 6. 174 6.321 .227 .240 .437 .089 .108 1,67 .69 1.900 1.035 3. 780 6.076 May June July August September October November December. _ . _ September..... October November December 1935 January February March April | .471 .458 .437 .432 ! | 1924 January February March April May June Julv August ! ! » May June July August | 1 See footnotes on opposite page also. ' Price of cotton to the producer, given at the end of each month until December, 1923, since which month it is given as of the 15th of the month, is a weighted average of prices received by producers throughout the United States for all grades of cotton as compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics. The3market price in New York, on the other hand, is quoted on a specific grade and includes handling and transportation charges. Six months' average. A - Average for years 1911 to 1913. Table 11.—TEXTILE MANUFACTURING FINE COTTON GOOI>S 2 XNew Bedford) FINISHED COTTON GOODS 1 Orders grey Shipyard- ments Stocks age Thousands of yards Cases 1^09 13 mo av 1913 monthly av 1^14 morthiy av 1915 monthly av 1916 monthly av 1^17 monthly av Production Actitity Hiflings (per cent) YEAR AND MONTH ii Thous. of yards i « 37, 062 « 34, 572 43, 195 51, 687 63, 719 . j 1Q18 monthly av jQ]f] tnontfilv av 19?0 monthly av 1921 monthly av._ 1922 monthly av_. 1923 monthly av._ 1624 monthly av__ Exports Number of pieces I | i Sales COTTON CLOTH i ij 3 434, 188 ELASFITIC BERS WEB(unBING « man fcl. RAW SILK Im- ports 6 Thous. of Stocks, Deliv-7 end of iii o nth eries (7) Sales Bales Thous. of yards pounds 2, 850 2,566 3,094 3, 406 3,619 3 264, 810 446,677 116, 693 360, 984 377, 796 344, 864 279, 982 45, 348 56, 920 68, 311 45, 969 48, 913 38, 705 39, 858 4,060 4,627 3,368 8 17, 830 4,377 26, 941 4,825 30, 635 5, 169 29, 888 5,022 30, 495 51, 312 21, 315 32. 350 33, 367 37, 464 14, 707 12,620 11, 593 13, 778 13,041 10, 731 BUSLAP 3 Imports Long tons 33, 922 32, 596 32, 960 32, 769 41, 070 33, 318 28, 613 37,917 j $519 36, 519 ! 306 34, 047 285 32,147 593 40, 653 1, 054 31, 886 27, 274 33, 817 20, 416 22, 815 26, 613 24, 691 36, 366 36, 890 47, 398 39, 514 43, 185 50, 005 47, 971 85/385 94, 016 95,098 77,650 90, 154 95, 509 91, 504 76, 105 44,935 49, 102 48, 116 41. 863 36, 226 44, 937 46,180 43, 139 65 66 68 58 | .- 105, 986 99, 442 115,456 105, 460 111, 130 102, 827 120, 441 99, 742 57, 471 55, 092 60, 827 52, 010 43, 658 40, 935 41, 142 43, 103 77 74 84 79 401, 786 399, 024 497, 511 423, 201 556, 440 383, 818 440, 066 215, 503 38, 893 36, 751 48, 885 44, 741 5, 603 5,133 6,154 4,170 34, 680 36, 231 33, 515 38, 193 47, 087 44, 615 39, 436 28, 657 14, 673 13, 713 17, 223 16, 181 47, 106 26, 367 30, 213 29, 752 61, 013 47, 914 55, 231 52, 825 May June Julv August 104, 340 90,302 70, 931 76, 322 79, 819 74, 146 61, 451 78, 022 51, 569 41, 588 35, 361 38,962 44; 445 48, 155 50, 279 49, 399 74 i 491, 660 61 ! 458, 605 51 378. 326 52 430, 072 180, 914 265, 859 222, 122 444, 491 36, 335 35, 066 30, 288 38, 556 4,904 3,945 6,380 4,858 24, 509 27, 824 28, 573 33, 547 29, 962 25, 865 22, 914 25, 459 16, 286 15, 101 10, 999 11, 964 28, 392 18, 149 20, 055 18, 424 58,135 48, 938 43, 950 40, 499 September October November December 77, 892 102,695 97, 531 94,824 69, 618 97, 985 91, 829 81,041 42, 377 49,295 46, 548 46,586 46, 665 47, 686 49, 017 49, 506 61 72 66 63 430, 361 444, 079 461, 806 448, 701 438, 968 327, 694 390, 943 271, 549 38, 169 44, 795 37, 159 S4, 824 4,520 5,240 6, 028 5,096 26, 929 25, 917 25, 225 23, 274 27, 367 32, 679 35, 398 40, 959 10, 358 11, 259 9,979 8,752 14, 144 19, 310 34, 199 33, 246 45, 136 46, 499 51, 251 48, 671 464. 408 409', 377 420, 622 355, 591 250, 360 191, 278 201, 281 225, 327 28, 444 28, 867 30, 575 32, 590 5,304 4,200 2,760 4,377 32, 925 29, 804 36, 543 25, 985 44, 398 40, 226 30, 375 25, 662 10, 895 10; 782 12, 415 11, 470 25, 422 24, 812 24, 774 35, 200 66, 049 57, 882 43, 622 76, 838 1.820 1.084 .974 1. 734 3. 338 1,512 4.594 1, 221 3. 651 2,521 7. 486 779 2,031 762 1.997 882 2.061 705 1. 609 707 1.691 741 1.721 678 1.575 1,401 3.257 656 1.514 742 1.68S 835 1.898 588 1.237 641 1, 441 ! 1924 January February March April Mav June Tub* A'lglist September October November December _ i Ratio Total to caoftalization Thous. Thous. Per of of cent per pounds dollars quarter 383, 523 329, 571 354, 274 385, 772 438, 761 353, 851 1923 January.. February March . April FALL RIVER MILL DIVIDENDS w (quarterly) „._ 74 64 63 62 | 92, 714 85, 823 85, 110 79, 776 86, 888 81,680 80, 300 80, 530 76, 574 64. 761 58,322 63,895 65, 610 39,035 55, 955 ' 33,397 59, 514 33, 514 35, 951 71, 630 43, 395 ' 5 2 43, 586 46 42, 378 45 41, 850 47 190, 337 284, 726 293, 015 318, 513 127, 819 215, 566 464, 194 267, 784 44, 763 39, 349 37, 390 49, 367 4,313 3,616 4,572 4,989 28, 272 23, 164 30, 952 29, 518 27, 074 24, 843 23, 213 30, 075 10,515 8,620 9,424 9,862 21, 846 23, 498 27, 781 22, 380 51, 468 41, 817 34, 728 42, 421 70,547 86, 765 75, 822 91, 686 74, 213 90, 601 81, 689 84, 652 39, 325 40, 664 41, 516 42, 162 54 67 58 67 325, 279 385, 301 399, 820 399, 228 377, 770 251, 728 457, 359 329, 319 43, 224 53, 113 46,917 43t 698 6, 491 5, 615 6,347 7,685 36, 366 35, 508 32, 939 33, 961 42, 260 '44, 393 55,516 61, 533 11,340 12,345 10, 625 10, 478 18, 628 16, 286 27, 109 28, 556 55, 900 40, 846 30,409 43,674 39, 885 58, 732 54, 291 47, 856 46, 469 42, 170 39, 753 44,331 39, 052 46, 531 48, 007 45, 883 43, 948 44, 959 1925 , 1 Compiled by the National Association of Finishers of Cotton Fabrics from reports from 31 out of 51 members, estimated to cover approximately the following percentages of the industry, based on work done outside of regular textile mills: White goods, 70 per cent; dyed goods, 55 per cent; printed goods, 25 per cent. In the statistics given above, white goods and dyed goods each comprise regularly about 40 per cent of billings and orders. Prior to November, 1923, an additional firm was included. Details by Federal Reserve districts and classes of goods are given in the association reports. Monthly data from 1920 by classes of goods are given in the December, 1923, issue (No. 28), p. 55. The goods are billed as completed; hence billings approximate production. Data for December, 1921, and January, 1922 were not compiled and averages for the years 1921 and 1922 are based on 11 months' figures. 2 Data on fine cotton goods, from the Fine Cotton Goods Exchange, are reported by 24 identical mills in the New Bedford district, representing about 50 per cent of the fine cotton goods industry in New England and from 20 to 30 per cent throughout the United States. Since August, 1924, the "Sales" figures include finished goods as wellJ as grey goods. Nine months' average, April to December. 4 Exports of cotton cloth, from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, include duck and other cloth, bleached, unbleached, and colored. Beginning with January, 1921, the figures are reported in square yards instead of linear yards, as formerly, and are probably slightly smaller than in the corresponding linear yard measurement. s6 These figures are for fiscal years ending June 30 of the years specified; others are for calendar years. Imports of silk, of unmanufactured fibers and ol burlap from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Silk imports are a total of umnsmufactured silk, including raw silk, cocoons and waste. Unmanufactured fibers include flax, hemp, istle, jute, kapok, manila, New Zealand flax, sisal, etc. 7 Deliveries of raw silk from principal warehouses in New York City, indicating approximate consumption by mills, and stocks at these warehouses are from the Silk Association -of America. A bale of silk averages about 133 pounds, but varies considerably according to origin of the bale. Details by sources are given in the association's report. The delivery figures are computed by the association from the data on stocks and trade figures on imports through New York and Pacific ports, allowing time for Pacific imports to reach New York. Monthly data for 1920 and 1921 may be found in May, 1922, issue (No. 9) p. 43. »3 Eleven months' average, February to December, inclusive. Elastic webbing sales are reported by eight manufacturers to the WebUng Manufacturers Exchange. w Dividends paid by textile mills in Fall /.liver in quarter ending in the month given, comprising about 38 mills, are compiled by G. M. Haffards & Co. Yearly figures are quarterly averages.' Quarterly data, 19^-1922, are given in the September, 1923, issue (No. 25), p. 48. 43 Table 12.—IRON ORE [Base year in bold-faced type] SHIPMENTS FROM MINES2 YEAR AND MONTH Thru Thru r Sault Ste. Marie ports "ffi RECEIPTS Lake Erie ports Other3 furand ports naces * Total furnaces *>y Relative to 1913 SHIPMENTS FROM MINES * STOCKS Consumption On Through Through At Lake Sault upper furErie | Ste. lake naces docks j Marie ports Relative to 1919-20 « RECEIPTS Lake Erie ports and furnaces Rela- i Thoutive to sands of 1913 short tons 1919 mo av_. 1920 mo. av_. 1921 rno. av__ 1922 mo. av._ 1923 mo. av_. 1924 mo. av._ 97 118 47 88 123 88 1933 January February March April 100 65 94 132 127 124 100 100 100 65 97 133 125 123 68 89 131 137 132 96 96 83 97 110 8,013 5,235 7,535 10, 571 10, 218 10, 068 8,193 5,337 7,720 10, 789 10, 416 10, 193 6,460 4,181 6,254 8,564 8,066 7,956 1,130 1,463 2,164 2,255 2,176 96 119 45 87 120 87 95 116 40 82 113 82 101 134 66 106 148 128 7,798 9,440 3,764 7,026 9,867 7,075 7,863 9,755 3,717 7,102 9,841 7,095 6, 146 7,472 2,592 5,285 7,278 5,266 1,666 2,207 1,096 1,747 2,440 2,118 (') 6100 6100 6100 113 50 83 129 95 98 109 111 102 104 95 110 115 110 113 103 113 117 108 88 87 124 116 136 139 115 100 82 65 120 101 83 67 112 105 88 65 81 116 127 126 66 111 119 119 74 136 147 157 152 145 143 133 62 75 90 108 66 82 101 121 58 60 66 78 September... October November... December ... 118 106 67 0) 111 99 60 CO 105 95 60 1 132 134 107 0 120 119 110 111 123 135 140 127 137 148 153 138 93 108 116 106 111 96 79 64 119 100 81 66 100 93 81 64 175 659 September... October November... December... At furnaces 1,651 14 76 115 126 131 May . . _ June July . . . August. Total On Lake Erie docks NUMERICAL DATA May June July August. 1934 January February March April Other ports 3 Thousands of long tons RELATIVE NUMBERS 1913 mo. av_- 100 65 1914 mo. av_. 94 1915 mo. av__ 132 1916 mo. av__ 128 1917 mo. av 126 1918 mo. av_. STOCKS Consumption by furnaces * 7,530 7,246 7,243 6,282 7, 280 8,318 e 4, 023 4,531 2,030 3,355 5,191 3,833 e 30, 504 29, 753 33, 330 33, 751 31, 036 3], 639 e 22, 289 21,211 24, 512 25, 642 24,438 25, 076 7,779 8,542 8,818 8,109 6,621 6,563 4,999 4,671 5,474 5,582 35, 151 30, 519 25, 121 19, 683 26, 684 22, 601 18, 496 14, 825 8,467 7,918 6,625 4,858 6,081 9,223 10, 094 10, 485 6, 672 9,500 10, 411 10, 296 4,264 7,173 7,682 7,682 1,226 2,245 2,428 2,584 6,119 6,816 5,747 5,353 18,865 22, 800 27, 503 32, 831 14, 786 18, 288 22, 547 26, 924 4,347 4,512 4,957 5,907 9,481 8,461 5,364 11 9,097 8, 099 4,948 10 6,776 6,121 3,895 66 2,176 2,209 1,772 0 4,814 4,801 4,441 4,479 37, 450 41, 042 42, 836 38, 635 30, 430 32,945 34, 080 30, 654 7,020 8,097 8,757 7, 981 44 83 4,688 4,783 5,308 4,882 33, 991 29, 258 24, 047 19, 435 26, 453 22, 232 17, 984 14, 636 7,538 7,026 6,063 4,799 ! 2 8 1 5 117 119 132 121 83 98 94 83 80 93 89 82 67 84 84 77 113 122 118 92 95 69 60 66 71 87 104 117 75 95 116 131 65 70 76 86 6,630 7,890 7,501 6,639 6,518 7,584 7,280 6,690 4,358 5,421 5,431 4, 974 1,869 2,009 1,953 1,517 3, 830 2,793 2,415 2,636 21, 608 26, 410 31, 596 35, 703 16, 717 21, 102 25, 842 29, 248 4,891 5,308 5,754 6,455 75 70 25 (») 75 68 25 (') 76 69 31 85 75 159 0 73 128 136 132 119 142 150 147 130 98 108 107 98 6,032 5,595 1,984 6 6,165 5,597 2,065 9 4,888 4,481 1, 975 45 1,410 1.241 2, 627 0 2,927 3,498 3,689 4,542 38,998 41,536 40,728 36, 360 31, 593 33, 417 32, 679 29, 014 7,405 8, 119 8,049 7, 346 1935 January February March 1 92 113 89 6, 724 i May June July ) 1 Shipments through Sault Ste. Marie canals from U, S. War Department, Engineer Corps, representing iron-ore shipments through both the United States and Canadian canals, equivalent to about 85 per cent of the iron-ore production of the United States. Other data from Lake Superior Iron Ore Association. Monthly data on stocks and consumption from 1921 given in June, 1923, issue (No. 22), p. 49. 2 Monthly averages for shipments from mines for each year are based on six months during which most of the traffic takes place. The figures of shipments through the upper lake ports include the movement through the Sault Ste. Marie canals and also from ports on Lake Michigan. 3 Mostly Chicago and vicinity, and Detroit. Details by ports shown in monthly reports. *8 Furnaces reporting vary in number from 319 to 341. Beginning with June, 1922, reports from 15 Canadian furnaces are included. Original figures are given by districts, Relative number less than 1. 'Twelve months' average June, 1919, to May, 1920, inclusive. 44 Table 13.—PIG IRON1 1913 MONTH 1914 1915 1916 Unit: Long tons January February March April 1918 1917 1919 1920 1931 1933 1933 1934 PIG IEON PRODUCTION 2, 795, 331 2, 586, 337 2, 763, 563 2, 752, 761 1,885,054 1, 888, 670 2, 347, 867 2, 269, 955 1, 601, 421 1, 674, 771 2, 063, 834 2, 116, 494 3, 185, 121 3, 087, 212 3, 337, 691 3, 227, 768 3, 150, S38 2, 645, 247 3, 251, 352 3, 334, 960 2, 411, 768 2, 319, 299 3, 213, 091 3, 288, 211 3, 302, 260 2, 940, 160 3, 090, 243 2, 478, 218 3, 015, 181 2, 978, 879 3, 375, 907 2, 739, 797 2, 416, 292 1, 937, 257 1, 595, 522 1, 193, 041 1, 644, 951 1, 629, 991 2, 035, 920 2, 072, 114 3, 229, 604 2, 994, 187 3, 523, 868 3, 549, 736 3, 018, 890 3, 074, 757 3, 466, 086 3, 233, 428 May June July A ugust 2, 822, 217 2, 628, 565 2, 560, 646 2, 543, 763 2, 092, 686 1, 917, 783 1, 957, 645 1, 995, 261 2, 263, 470 2, 380, 827 2, 563, 420 2, 779, 647 3, 361, 073 3, 211. 588 3, 22< 513 3, 203, 713 3, 417, 340 3, 270, 055 3, 342, 438 3, 247, 947 3, 446, 412 3, 323. 791 3, 420, 988 3, 389, 585 2, 108, 056 2, 114, 863 2, 428, 541 2, 743, 388 2, 985, 682 3, 043, 540 3, 067, 043 3, 147, 402 1, 221, 221 1, 064, 833 864, 555 954, 193 2, 306, 679 2, 361, 028 2, 405, 365 1, 816, 170 3, 867, 694 3, 676, 445 3, 678, 334 3, 449, 493 2, 615, 110 2, 026, 221 1, 784, 899 1, 887, 145 September October November December 2, 505, 927 2, 546, 261 2, 233, 123 1, 983, 607 1, 882, 577 1, 778, 186 1, 518, 316 1, 515, 752 2,852,561* 3, 125, 491 3, 037, 308 3, 203, 322 3, 202, 366 3, 508, 849 3, 311, 811 3, 178, 651 3, 133, 954 3, 303, 038 3, 205, 794 2, 882, 918 3, 418, 270 3, 486, 941 3, 354, 074 3, 433, 617 2, 487, 965 1, 863, 558 2, 392, 350 2, 633, 268 3, 129, 323 3, 292, 597 2, 934, 908 2,703,855 985, 529 1, 246, 676 1, 415, 481 1, 649, 086 2, 033, 720 2. 637, 844 2, 849, 703 3, 086, 898 3, 125, 512 3, 149, 158 2, 894, 295 2, 920, 982 2, 053, 264 2, 477, 127 2, 509, 673' 2, 961, 702 . TOTAL NUMBER OF FURNACES (end of montb) January February March April 420 420 419 419 May June July August _ _ 419 420 420 422 September . October November December _ .. 423 423 423 423 k 423 423 423 423 423 423 423 418 414 389 392 392 399 399 400 403 415 415 419 419 429 429 429 430 428 428 434 434 416 419 419 419 419 419 417 417 418 418 418 417 412 411 411 403 423 423 423 423 418 416 416 416 353 394 394 394 404 405 406 410 419 419 427 427 428 427 427 427 434 435 437 437 419 418 418 418 417 417 417 417 417 419 419 419 403 403 403 403 423 423 423 423 416 416 416 416 394 394 394 399 410 413 415 417 428 428 429 429 427 428 428 428 437 437 416 416 418 418 418 419 418 418 418 418 418 418 418 418 403 403 403 403 NUMBER OF FURNACES IN BLAST (end of month) January February . _ March April. 298 303 293 298 196 218 226 211 160 176 191 195 306 312 316 322 312 316 331 336 310 320 344 354 323 306 266 212 290 304 312 281 183 152 102 96 126 138 155 162 262 278 296 310 248 264 270 230 May June July August... 285 282 266 259 197 194 189 187 206 218 234 249 321 325 316 319 340 351 351 357 359 356 363 372 195 200 239 266 295 302 293 311 90 76 69 70 175 192 172 144 321 322 ' 298 270 184 161 144 151 September. . October . November December 256 244 227 206 176 158 147 147 268 276 287 295 328 325 322 311 345 355 345 321 365 366 360 350 162 213 251 262 319 285 252 201 82 96 120 125 189 218 242 253 255 245 231 231 173 182 205 228 PER CENT OF TOTAL FURNACES IN BLAST January February March April « „ May __ __ June Julv August. . _ 71.0 72.1 69.9 71.1 46.3 51.5 53.4 49.9 37.8 41.6 45.2 46.7 73.9 80.2 80.6 82.1 78.2 79.2 82.8 83.4 74.7 77.1 82.1 84.5 75,3 71.3 62.0 49.3 67.8 71.0 71.9 64.7 44.0 36.3 24.3 22.9 30.1 32.9 37.2 38.8 62.7 66.5 70.8 74.3 60.2 64.2 65,7 57.1 68.0 67.1 63.3 61.4 46.6 45.9 44.7 44.2 49.3 52.4 56.2 59.9 90.9 82.5 80.2 81.0 84.2 86.7 86.5 87.1 85.7 85.0 85.0 87.1 45.6 46.8 56.0 62.3 68.0 C9.4 67.0 71.2 21.5 18.2 16.5 16.7 42.0 46.0 41.2 34.5 77.0 76.8 71.1 64.4 45.7 40.0 35.7 37.5 September October November December 60.5 57.7 63.7 48.7 41.6 37.4 37.1 34.8 64.4 66.3 69.0 70.9 83.2 82.5 81.7 77.9 84.1 86.0 83.1 77.0 85.3 85.5 83.9 81.6 37.9 49.8 58.6 61.2 73.0 65.2 60.6 48.3 19.6 23.0 28.7 29.8 45.2 52.2 57.9 60.5 61.0 68.6 55.3 55.3 42.9 45.2 50.9 56.5 Unit: Long tons Jsnusry February March April May June July August _ . . » September October November December 1 .. AVERAGE DAILY CAPACITY OF FURNACES IN BLAST 91,328 93, 086 89, 915 92, 819 63, 130 71. 399 76,111 70,595 56, 270 63, 033 70,091 71,385 106, 372 107, 310 108, 459 109, 072 101, 866 97, 167 107, 766 111, 552 84, 640 106, 160 111, 460 89, 220 88,020 81, 657 82, 226 64, 514 63,698 63, 935 64, 303 75, 643 8t),411 86, 776 91, 075 108, 386 107, 822 103, 674 104, 502 111, 704 111, 755 109, 248 110, 165 112, 111, 111, 112, 83, 375 78,558 71, 686 66, 168 6t),427 63,253 48, 464 48, 848 $7, 535 101, 819 103, 033 105, 400 106, 578 109, 022 108, 127 101, 975 107, 250 109, 059 106, 950 93, 500 Data compiled by the Iron Age. . 104, 180 101, 475 93, 165 75,860 99, 465 104, 580 109. 585 89,140 61, 730 43, 530 38,505 53, 305 59, 080 69, 015 72,875 105, 125 110, 055 115,800 119, 500 101, 435 108, 100 112, 240 96,635 290 130 300 390 68, 600 71, 700 85, 635 93, 360 98, 350 101, 500 93, 965 104, 265 38,080 32, 195 28. 175 30, 770 77, 520 81,450 70, 605 54, 645 125, 100 122, 555 114, 200 106, 590 77, 300 62,200 55, 350 63,000 114. 570 113, 500 111, 330 109, 675 50, 700 65,625 84, 550 87, 945 106,220 98, 080 89, 040 76, 640 85, 650 40,850 51, 665 63, 735 77,005 87, 935 97, 138 101, 400 102, 100 99, 030 94, 345 94, 265 72,235 81, 490 89, 100 95, 539 45 Table 14.—PIG IRON TOTAL PIG IRON 1 WHOLESALE PRICES2 Furnaces ill blast, end of month Y.EAR A.ND MONTH Production Furnaces Foundry N.o.2 Basic North- (valley ern furCapac- (Pitts-nace) ity burgh) j | j Composite pig iron 3 Long tons | I 100 75 97 127 124 126 100 70 8-5 119126 131 100 100 87 93 132 259 215 lOfr 88 93 134 265 221 100" 75 100 127 127 127 100 120 54 87 130 101 90 107 39 67 103 76 98 116 52. 90 130 101 189 281 157 168 176 141 188, 287 148 164 175137 194 284 156 162 176 142 126 117 138 139 97 103 110 115 125: 180 183. 202. 205 175; 131 138 142 151 144 144 135 119 120 111 100 149 146: 136 127 200 185 170 166 107 186' 171 September October November December 122 123 113 114 95 91 86 86 112 118 112 112! 1934 January February March ._ April 118 120 135 126 92 98 100 86 102 79: 70' 74 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly 1918 monthly 1919 1920 1921 1922 1923 1924 average. _ _ average... average _ . _ average average _ _ average. _ _ monthly average monthly average monthly average _ _ _ monthly average. _ _ monthly average monthly average 1933 January February March April__ May_ June July August May. June July . .. August September __ October November December _ . . _. 1935 January _ _ _ _ February March April May June. July.. August Furnaces in blast, end of m on tli Production Relative to 1913 RELATIVE NUMBERS WHOLESALE PRICES 2 TOTAL PIG IRON* Fiwii aces Capacity Nunxber Tons -per day . Foundry Mo. 3 Northern! Per cent of total (Pittsburgh) Percent Basic (valley fiirfiaee) . Composite pig iroH 3 Dollars per long ton NUMERICAL DATA 2, 560, 343 1, 920, 813 2, 471, 881 3, 253, 280 3, 182, 165 3, 208, 837 289 188 229 319 338 352 84, 005 62, 752 83, 623 106, 775 106, 499 106, 954 65.5 45.6 52.0 80. & 83.3 82.7 116.00 13.90 14.87 21,07 41.39 34.46 $14 75 12.88 13. 74 19. 76 38. 90 3Z 51 $15. 4£ 13. 52 14. 15 20. 31 39. 99 34. 38 2, 548, 573 3, 077, 141 1, 378, 6*1 2, 240, 032 3, 338, 271 2, 590, 691 241 287 105 181 277 204 SI. 918 97, 578 43, 673 75, 238 109, 072 84, 785 58.0 67.6 26. 7 40.7 66.6 50.0 30.31 44.90 25.13 26,93 28.15 22. 60 27.70 42.25 21. 74 24; 20 25. 81 20.24 29, 91 43.80 24.05 25, 00 27. 15 21.87 177 181 197 204 3, 229, 604 2, 994, 187 3, 523, 868 3, 549, 736 262 278 296 310 105, 125 110, 055 116, ICO 119, 500 60.5 62.7 66.5 70.8 28,77 29.27 32,27 32.77 25.80 26,25 30. 13 31.00 27. 31 27. 98: 30. 36^ 31. 44 3, 867, 694 3, 676, 445 3, 678, 334 3, 449, 493 321 323 298 270 125, 100 122,555 114, 200 106, 590 74. 3 77.0 76.871.1 31. 97 29. 65 27,27 26,52 29: 00 168: 200 189 175 169 27: 38 25. 10 24i 75 30. 84 29. 11 26. 9826. 10 166 159 148: 148 169 160 142 142 168 158 146 148 3, 125, 512 3, 149, 158 2, 894, 295 2, 920, 982 255 245 231 231 102,000 99, 030 94, 345 94, 265 64. 41 61. 0: 58. 6 55. 3: 26.52 25,37 23,65 23.76 24. 88 23. 50 20. 88 21.00 25. 98 24.37 22. 4922.80 121 129 134 115 151 155 155 147 144 150 149 147 150 156 155 152 3, 018, 890 3, 074, 757 3, 446, 086 3, 233, 428 248 264 270 230 101,435 108, 100 112, 240 96,365 55.3 60.2 64.2 65.7 24.16 24.76 24.76 23.56 21.20 22.00 21.94 21.55 23. 18 24. 13 23. 83 23. 41 68 61 54 56 92 78 66 75 141 134 130 131 139 134 129 129 146 137 130 131 2, 615, 110 2, 02C, 211 1, 784, 899 1, 887, 145 184 164 144 150 77, 300 65, 200 55, 350 63, 070 57.1 45.7' 40.0 35.7 22.51 21.51 20.76 20.89 20.50 19. 00 19100 22. 57 21.20 20. 11 20. 22 80 97 98 116 64 68 76 85 86 97 106 114 135 133 ; 133 143- 129 129 130 142 132 132 134 145 2, 053, 264 2,477,127 2, 509, 673. 2, 961, 702 173 182 205 228 72, 235 81, 490 89, 100 95,539 37.5 42. 9' 45.2. 50. 9= 21.56 21. 26 21.26 22.96 19; 00 19.00 19; 13 20.90 20.41 20. 37 20. 66 22. 32 132 93 132 151 149 151 3,367,264 251 111, 150 56.5 24.14 21,88 23.24 179 205 211 88 92' 132 259 222' i j 1 : 19; 63 _ _ 1 Pig-iron production and blast furnace data comprising practically the entire output, except that made with charcoal, from the Iron Age. 2 Wholesale prices-,-except-composite average, are averages of weekly quotations-taken from V. 8. Department of Labor, Bureau of Labor Statistics. Monthly prices o basic3 pig iron from 1920 in June, 1922, issue (No. 10), page 42. The composite pig-iron price, compiled by the American Metal Market, is the average of daily prices of 10 tons of iron distributed as follows: One ton each of Bessenm Valley; No-. 2 foundry valley; No. 2 X foundry at Philadelphia'arid at Buffalo; No. 2 foundry at Cleveland and at Chicago; two tons each of basic valley and No. 2 Southeu foundry at Cincinnati. 46 Table 15.—CRUDE STEEL [Relative numbers for base year in bold-faced type; numerical data on opposite page] av. av. av. av. av av. 100 75 103 137 144 142 100 76 1919 mo. 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo. av. av. av. av. av. av. 100 100 158 182 202 70 88 165 181 146 52 95 243 215 136 41 112 40 140 136 136 99 148 54 123 158 120 101 170 90 96 102 68 105 129 68 74 131 204 180 290 186 205 163 325 171 203 194 258 199 117 123 125 123 167 149 140 146 183 175 108 105 167 183 73 80 197 168 138 126 September.. October November.. December__ 133 142 124 113 98 79 83 85 94 45 57 66 1924 January February... March April . . 144 151 166 132 102 145 199 135 May June July August 104 81 74 101 September. _ October November .. December— . 112 123 123 141 112 175 148 187 100 75 105 195 109 171 100 76 117 111 135 64 114 144 121 72 131 48 131 148 128 1923 January February... March April _ 152 138 161 157 May June Julv August 1925 January February March April Composite finished steel s Composite steel ^ Iron and steel a Structural steel beams (Pittsburgh) s Steel billets, Bessemer (Pittsburgh) « Relative to 1913 [ 1 i". ._:: 100 78 87 170 271 183 100 100 100 100 83 93 177 269 202 87 94 154 266 215 88 95 163 259 220 86 92 161 252 213 174 187 '131 115 160 153 191 249 155 144 169 155 193 211 156 134 172 165 188 222 152 134 165 157 100 51 106 134 122 100 54 145 152 160 34 50 65 53 157 218 134 132 162 147 577 521 520 438 144 127 167 147 179 180 231 131 74 79 90 84 145 154 172 175 132 139 146 172 156 162 172 179 151 158 165 174 149 157 164 169 127 130 126 120 419 534 574 577 162 135 112 136 172 123 66 83 80 73 59 46 173 165 165 165 174 169 166 166 181 177 172 170 176 176 176 176 168 168 167 167 98 105 92 81 102 95 100 93 536 1,286 815 790 120 134 116 110 159 131 117 248 50 45 41 65 162 155 155 155 166 166 166 166 170 167 163 163 176 176 176 176 167 167 167 167 160 160 163 136 120 133 133 109 105 101 113 83 672 548 785 876 133 145 152 137 167 134 179 130 68 63 61 53 155 155 155 155 166 166 166 162 164 165 164 161 176 176 174 171 168 167 166 162 117 104 91 88 103 67 84 111 82 56 67 90 80 115 63 63 775 819 709 763 114 82 88 103 90 77 97 148 43 36 29 34 149 147 147 146 157 153 146 142 157 154 151 150 166 165 163 160 159 157 154 152 89 107 78 84 127 144 131 151 104 109 110 114 73 68 69 77 769 7f4 744 8J 8 110 133 127 133 162 157 329 249 40 40 77 96 141 139 138 140 138 129 126 131 148 147 148 153 158 156 156 160 150 148 150 153 144 139 161 154 1OO 100 48 105 110 102 100 95 97 116 84 841 513 632 753 152 139 163 149 127 122 128 125 117 132 122 125 155 138 138 149 152 127 101 137 122 110 96 110 85 79 74 75 125 163 151 123 108 132 110 91 119 141 152 131 81 83 81 71 129 142 167 140 118 110 68 61 108 84 82 82 61 55 54 56 125 131 174 225 123 133 123 160 59 60 68 82 100 50 111 130 128 100 92 83 129 126 118 108 100 92 101 109 106 102 82 149 252 140 113 97 76 72 124 132 147 191 166 1 GO WHOLESALE PRICES Relative to 1920 Relative to 1913 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. 1918 mo, ! Unfilled orders 1 aa Shipments Per cent of capacity Production Unsold stocks SHEETS-BLUE, BLACK, AND GALVANIZED' Earnings Unfilled orders, end of month J Miscellaneous bookings COMMERCIAL U. S. STEEL CORP. 3 STEEL CASTINGS 2 Total bookings YEAR AND MONTH Production STEEL INGOTS i 85 1 i i 1 1 May . June Julv August | | ... i See footnotes on opposite page also. 1 Yearly figures represent the monthly averages of total production of all companies as compiled annually by the American Iron and Steel Institute. The institute reported up to 1923 monthly production figures for 30 companies which produced 84.4 per cent of the total output of the country in 1920, 87.48 per cent in 1921, and 84.15 per cent in 1922. In order to make the monthly figures comparable they have been calculated to a 100 per cent production each year on the basis of the above percentages. The figures since 1922 are calculated on the basis of reports from companies which produced 95.35 per cent of the total production in 1922 and 94.84 per cent in 1923, the total computations to 100 per cent being made by the American Iron and Steel Institute. Data for 1924 are prorated on the 1923 percentage. Monthly data beginning with inauguration of monthly figures in 1917, are given in April, 1924, issue (No. 24), page 61. 2 Bookings of commercial steel castings reported by the Steel Founders' Society and principal nonmcmber firms to the U. S. Department of Commerce, Bureau of the Census. Reports are by 70 identical firms with a capacity of 100,700 tons per month, of which 39,100 tons are usually devoted to railway specialties. This represents over two-thirds of the castings capacity of the United States devoted to commercial castings (as distinguished from castings used in further manufacture in the same plant). Prior to 1920 figures for companies representing about 6 per cent of the miscellaneous castings are not available and the totals of this class have been prorated by that amount for these years in order to afford comparison with later years. In July, 1923, two companies, with a combined capacity of 785 tons per month devoted to miscellaneous castings, ceased operations, Railway specialties include such items as bolsters, side arms, draft arms, couplers, and cast-steel car wheels, and are reported by identical firms throughout. Table 16.--CKUDE STEEL [Base year In bold-faced type; relative numbers on opposite page] 1 1913 mo. av_. 1914 mo. av.._ 191 5 mo. a v _ _ 1^16 IPO av 1917 mo. av._ 1918 mo. av._ 1919 mo. I 1920 mo. ' 1921 mo. 1922 mo. 1923 mo. 1924 mo. av_. av__ av__ av__ av__ av__ Thous. Tbous. of of long dolls. tons 23, 742 17, 830 24, 985 46, 282 25, 942 40, 601 26, 723 5,007 20, 357 4,115 31, 360 5, 189 42, 168 0,720 48, 674 10, 716 53, 892 8,635 2, 807, 900 36, 256 3, 407, 78'i 66, 109 1, 602, 933 23, 973 2,880,702 ! 66,255 3, 623, 805 74, 565 3,053,787 | 64,403 9. 733 26, 619 9, 574 33, 265 32, 245 32, 363 26, 523 5,995 11, 966 39, 590 ' 10, 023 14, 724 14, 399 5,331 7,726 32, 990 5,648 8,470 42, 320 6,009 14, 971 32, 040 3, 993 12,745 1938 January February March April 3, 841, 095 3, 471, 843 4,066,680 3, 963, 736 102, 718 90, 590 146, 157 93, 621 May Juno July.. August 4, 216, 355 3, 767, 259 3, 531, 458 3, 695, 788 92, 445 88, 306 54, 316 52, 805 39, 686 43, 478 17, 390 19, 103 September October. November... December 3, 356, 776 3, 577, 091 3,134,321 2, 863, 266 • 49, 401 39, 651 42, 008 42, 762 22, 374 10, 641 13, 645 15, 600 1924 January . February March April May June July August ! steel finished 8 Composite Iron and steei « Dolls, Dolls, Dolls, per per long long per fb. ton ton Short tons Composite steel ' WHOLESALE FSICES Stee! billets, Bessemer (Pittsburgh)* Structural steel beams (Pittsburgh)5 orders s Unfilled Per cent Shipments Short tons stocks H Unsold 3o Per cent of capacity Earnings Miscellaneous bookings Production 50, 468 38, 187 56,345 88, 450 74, 616 94, 493 2, 523, 344 1, 901, 649 2,607,018 i 3, 450, 160 3, 634, 933 3, 587, 585 SHEETS— BLUE, BLACK, AND GALVANIZED1 Total stocks U.S. STEEL C0BP.3 ; Short tons Long tons 1 1 ! * specialties YEAR AND MONTH Railroad Production Total bookings COMMERCIAL STEEL CASTINGJS» Unfilled orders end of month STEEL INGOTS * Dolls, per pound 35. 79 0. G15 36.33 0. 0173 0. CI66 20.08 .013 22.92 .0152 .0143 22.44 .015 24.78 . 0163 .0153 43. 95 .028 40. 50 .0280 . 0267 69.86 . 043 70.10 . 0446 .0419 47.27 .032 51.95 .0379 . 0354 11,433 5,972 10, 868 27, 798 24, 608 15, 595 171, 489 85, 409 190, 864 222, 904 219, 836 73.7 34. S) 7G.5 79.7 74.2 HI, 889 106, 175 108, 709 129, 728 93, 995 5,5*0 46, 989 28, 703 35, 336 42, 115 173, 181 87, 702 182, 519 230, £23 209, 329 HO, 844 75, 329 203, 869 213, 583 225, 024 888, 853 232, 551 346, 449 450, 750 368, 147 40.54 .028 56.26 .028 34,46 .021 33. 95 .017 41.70 .024 37. 99 .023 50.37 .0332 65. 60 . 0363 40. 74 . 0269 37.86 .0231 44. 55 .0295 40.87 . 0284 41.17 .0259 .0247 42.61 . 0272 .0261 45. 31 . 0283 . 0272 47.01 .0299 .0281 .0312 .03G8 . 0253 . 0222 .0274 .0261 6,911 7,284 7,403 7,289 10, 561 0, 527 14, 692 14, 400 260, -520 •92. 0 237, 919 89.0 279, 475 92.7 251, 808 90.9 131, 550 148, 360 136, 347 140, 044 32,229 29, 123 29,084 24, 470 248, 337 217, 808 287, 203 253, 563 252, 489 253, 197 325, 526 183, 904 511, 346 547, 897 619, 823 577, 969 37.30 39. 63 44.38 45.00 .020 .021 .022 .026 52, 759 44, 828 36, 926 33, 702 6,981 6,386 5, 911 5,415 17, 699 15, 760 15, 767 16, 997 260, 006 218, 432 174, 910 234, 112 88.6 79.9 69.6 §0. 1 141, 781 145, 476 141, 130 134, 606 23, 397 29,827 32, 062 32, 252 278, 059 233, 128 192,262 234, 486 242, 624 172, 637 92, 358 116, 659 551, 139 503, 175 404, 868 316, 972 44.60 42.63 42.50 42.50 .026 .026 .025 . 025 47.52 46.46 45.39 44. 87 . 0303 .0303 .0303 .0303 . 0279 .0279 . 0278 .0278 27,027 29,010 28, 363 27, 162 5,036 4, 673 4, 369 4, 445 14, 289 18, 600 17, 287 14, 072 185, 577 225, 714 188, 144 155, 299 71.5 76.6 67.0 68.8 114, 313 106, 884 112, 185 104, 062 29,975 205, 772 71, 902 230, 820 45, 561 199, 836 44, 146 188, 600 223, 556 185, 110 165, 491 349, 446 343, 096 307, 540 280,013 446, 167 41,88 40.00 40. 00 40.00 . 025 44. 64 .025 43.84 .025 42.81 .025 43.02 .0303 .0302 .0302 . 0302 .0278 .0278 .0278 .0278 3, 633, 639 51, 406 3, 800, 185 73, 138 4, 187, 942 100, 514 3, 333, 535 68, 119 19, 572 31, 834 35, 474 37, 664 59, 778 40, 736 33, 151 34, 968 4,798 4, 913 4, 783 4,208 14, 771 16, 239 19,065 16, 049 274, 097 87.2 275, 118 96. 6 278, 767 96.5 234, 000 79.0 2, 628. 261 2, 056, 4G6 1, 869. 416 2,541,501 66, 801 48, 718 33, 191 36, 363 28, 064 26, 170 16, 244 14,532 28, 737 3,628 22,548 j 3,263 21,947 3, 187 21,831 3,290 13, 419 11,913 10, 430 10, 108 176, 582 114,807 144, 291 190, 436 2, 814,, 996 62, 509 September 3, 111, 452 G6, 697 October November _., 3. 107, 226 74,220 3, 651, 825 96, 16-4 December 29, 567 31, 130 41, 343 63, 332 32; 942 35, 567 32, 877 42, 832 3,474 10, 181 3, 525 12,236 4,032 8,904 4,817 9,623 217, 981 247, 222 224, 931 259, 794 1925 January February March April Mav. . June July...., August 4, 179, 498 48, 580 54, 138 38,696 51, 894 77, 203 68, 894 40, 483 53, 138 f 117, 069 37, 541 113,020 30, 658 126, 437 43, 888 92, 629 48, 945 228, 660 249, 859 262, 497 235, 967 234,858 189,081 251, 411 182, 903 471,053 434, 145 422, 889 362, 457 40. 00 40.00 40. 00 40. 00 .025 .025 .025 .025 43.26 .0303 .0279 43.49 .0303 .0278 43. 24 .0300 .0275 42.33 . 0294 . 0269 59.6 40.9 48.7 65. 2 89, 548 128, 241 70, 798 70, 094 43, 319 45, 776 39, 621 42, 635 196, 254 141, 176 151,255 177, 498 126, 487 108, 693 135, 998 207, 986 294, 774 246, 810 203, 440 236, 614 38.50 38.00 38. 00 37.75 .024 .023 .022 .022 41.38 40.61 39.79 39.36 . 0286 . 02.84 . 0281 . 0276 . 0284 .0261 .0256 .0252 75.7 78. 9 79.7 82.6 81, 576 75, 862 76, 811 85, 866 43, 001 42, 685 41, 573 45, 743 190,210 227,520 229, 771 221, 773 219, 228 462, 709 229, 573 350, 8C8 274, 325 275, 953 531, 845 663, 460 36.40 35. 75 35.50 &6.00 .021 .020 .019 .020 39. 05 38.65 39.01 40.23 . 0272 . 0268 .0268 .0275 .0249 . 0248 . 0249 . 0254 37 00 Q91 .0277 . 0256 5,037 _. i i See footnotes on opposite page also. 'Unfilled orders of steel and earnings reported by the United States Steel Corporation. Monthly unfilled orders, 1913-1921, are given in December, 1922, issue (No. 16)* page4 47. Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers, representing almost all the independent sheet manufacturers and about 70 per cent of the total output of sheets. Monthly data from 1920 in April, 1923, issue (No. 20), page 53. 8 Average of weekly prices from U. S. Department of Labor, Bureau of Labor Statistics. Monthly prices, 1920 and 1921, are in May, 1922, issue (No. 9), pages 49 and 83. 6 Average of weekly prices compiled fey the Iron Trade Review, on the following 14 products: Pig iron, billets, slabs, sheet bars, wire rods, steel bars, plates, structural shapes, black galvanized and blue annealed sheets, tin plates, wire nails, and black pipe. Pig iron average in turn, is average of 13 different quotations. Monthly data, 1913-1922 given in April, 1923, issue (No. 20) page 48. 7 The figures for composite steel compiled by the American Metal Market represent the daily average price per pound of steel products weighted as follows: 23/2 pound bars, ll/z pound plates, i)4 pound shapes, \y« pound pipe, 11A pound wire nails, 1 pound galvanized sheets, and 1A pound tin plate. 8 Composite price of finished steel products compiled by the Inm Age includes bars, beams, tank plates, plain wire, open-hearth rails, black pipe, and blank sheets. These products, according to the Iron Age, constitute 88 per cent of the United States output of finished steel. Table 17.—IRON PRODUCTS STEEL BARBELS ' OHIO FOUNDBY IBON » Meltings YEAR AND MONTH Long tons 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo. av * 7, 791 av av.___ 12, 183 20, 497 av 19, 014 av Per cent of normal Per Total Receipts Produc- cent of tion stocks . of iron capacity Long tons Barrels MALLEABLE CASTINGS » Production Shipments Per cent Stocks, Unfilled orders, month month end of end of Barrels Total Ratio to capacity Tons Per cent Shipments Orders booked Tons 1 « 20. 71 51.82 73.75 67.63 s 22, 753 22, 274 24, 508 23, 882 8,230 16, 111 14, 551 17.4 34.0 38 8 393, 792 393, 535 49, 928 756, 963 8 59, 052 48, 913 658.2 46.0 6 57, 241 47, 686 6 41, 204 45, 524 39, 814 41, 638 39, 573 1923 January Fpbr'is r y March April 6,929 9, 275 12, 646 10, 541 23.13 31.17 39.97 48.40 29,300 29, 241 29, 266 20, 551 3,491 6,181 7, 530 7,664 15.6 16.9 27.7 36.1 May June July August 10, 981 12, 017 12, 087 12, 723 49. 48 50.75 58.54 71.97 22, 528 24, 399 19, 810 16, 195 9,293 10, 174 6,521 9,194 42.2 40.1 40.0 41.2 September October November December 13, 639 14, 073 16, 350 14, 929 62.68 61.42 63.32 61.02 16, 679 19, 631 2.1, 439 18, 245 7,187 10, 106 8,240 13, 179 37.0 35.9 37.1 38.7 1923 January February _ Miarch April 13, 410 19, 800 22, 602 24, 787 59.34 67.80 83. 20 79.90 20, 240 23, 992 25, 617 28, 335 10, 828 29, 044 19, 406 21, 925 31.7 41.0 48.1 50.1 May June July August 23, 193 24, 091 25, 183 18, 048 81.12 81.27 85.32 79.56 23,303 26, 366 28, 354 23,033 15, 961 15, 570 10, 950 14, 899 46.3 41 5 42.7 41.0 63, 298 57, 730 66, 849 66.7 58.7 66.3 62, 888 59, 375 63, 971 September October November December 18, 774 21, 458 20, 051 14, 571 71.51 68.14 70.29 57.60 22, 830 24, 426 23, 658 23, 938 12, 876 16, 488 13, 855 11, 534 30 0 33.7 30 6 29. 1 60, 830 62, 238 52, 727 49, 691 59.8 59.9 49.1 46.7 59, 301 59, 129 49, 426 46, 600 36, 591 48, 621 37, 231 44, 962 1924 January February March April . 20, 520 23, 137 23, 331 23, 470 74.40 74.10 79.90 74.60 23, 478 24, 413 25, 626 27, 377 15, 780 18, 578 17, 425 15, 969 307, 189 370, 966 394, 478 416, 628 34.6 39.3 48.8 50.6 303, 668 362, 725 394, 756 420, 129 49, 109 57, 350 57, 072 53, 571 615, 485 608, 660 601, 663 614, 102 63, 706 66, 436 69, 574 56, 845 58.6 62.3 65.8 53.5 65, 761 59, 881 62, 562 55, 617 73, 186 62, 343 58, 190 44, 372 . 22, 586 20, 251 18, 658 15, 403 75.00 72.00 62.50 54.20 24, 806 24, 586 25. 414 25, 054 13, 298 14, 583 14, 681 11, 920 418, 381 385, 155 398, 397 396, 112 48.3 41.0 39.5 41.8 425, 397 382, 550 407, 258 398, 312 46, 555 49, 160 47, 629 45,429 582, 022 421, 870 519, 034 715, 480 48, 270 32, 978 29, 724 34, 016 45.6 31.4 28.1 32.3 51, 729 37, 538 34, 979 35, 408 28, 965 22, 037 28, 910 32, 256 14, 721 15, 407 16,209 14, 471 54.50 64.50 62.80 63.00 22, 408 20, 375 25, 387 17, 663 11,085 12, 528 15, 680 13, 083 385, 212 447, 900 391, 401 413, 785 36.7 389, 441, 389, 407, 41, 577 47, 626 49, 797 53, 265 905, 870 682, 533 1, 230, 808 1, 586, 034 38, 862 46, 959 44, 940 54, 647 36.8 43.9 42.5 51.3 37, 382 42, 026 41, 440 47, 912 44, 619 52, 130 46, 287 52, 992 . - _. ll i a May . June July. August September October. November December 064 851 230 474 1935 January February March April May June July August ! 12 Data on gray iron foundries in Ohio from Ohio State Foundrymen's Association. Compiled by the U. 8. Department of Commerce, Bureau of the Census, from the reports of 30 identical establishments, operating 35 plants, except in the case of the figures on "per cent of capacity operated," which represent reports from 13 identical establishments reported by the Steel Barrel Manufacturers Association prior to 1924 and thereafter represent 12 establishments as compiled by the Bureau of the Census. Data on shipments, unfilled orders, and new orders of the Steel Barrel Manufacturers Association for 1921 to 1923 appeared in February, 1624, issue (No. 30), p. 77, while orders data for 1££0 rraybe found in September, 1£23, issue (No. 25),p.54. 3 Compiled by the U. S. Department of Commerce, Bureau of the Census, representing reports from 129 identical establishments. < Ten months' average, March to December, inclusive. 6 Five months' average, July to December, exclusive of October. «Seven months' average. 49 Table 18.—IRON AND STEEL PRODUCTS [Base year in bold-faced type] FABRICATED STRUCTURAL STEEL i Sales YEAE AND MONTH IKON AND STEEL > Export i Per cent of capacity Selected items Total STEEL FURNITURES Imports Shipments Total Value Relative Relative Relative to 1922 to 1913 to 1919 Kelative to 1913 FABRICATED STRUCTURAL STEEL 1 Shipments Sales Computed P.ct. For cacompac- parison ity Short - Per tons cent Short tons Per cent 100 100 100 100 143 146 132 130 100 139 138 120 111 56 128 220 235 194 100 90 89 98 102 53 127 134 88 173 173 189 106 107 70 128 128 136 160 180 80 61 59 54 100 101 91 101 138 38 229 226 150 May June July August 149 136 136 155 110 100 100 114 69 59 62 56 123 104 102 98 September October November December 141 133 147 214 104 98 108 158 60 54 69 68 193 199 191 177 140 144 138 128 May June July August 160 177 188 160 September 182 191 229 221 1919 monthly 1920 monthly 1921 monthly 1922 monthly 1923 monthly 1924 monthly average average average average average average Total Imports Shipments Total Long tons Dollars NUMERICAL DATA RELATIVE NUMBERS 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average Exports P.ct. capacity Computed total STEEL FURNITURE 3 IRON AND STEEL » 105, 000 105, 500 149, 800 153, 180 138, 600 136, 640 50 50 70 69 60 56 238, 801 120, 123 293, 207 503, 971 536, 980 444, 835 26, 558 24, 027 23, 533 25, 906 26, 974 14, 052 100 162 104 119 155 160 133, 560 140, 400 92, 750 181, 760 181, 213 198, 408 53 54 35 64 64 68 366, 663 412, 030 183, 980 139, 473 135, 443 123, 128 160, 653 167, 565 151, 131 26, 837 36, 626 10, 083 60, 762 59, 942 39, 845 $907, 933 1, 471, 609 943, 986 1, 077, 336 1, 402, 836 1, 448, 438 281 250 196 166 166 154 137 148 156, 750 142, 500 142, 500 162, 450 55 50 50 57 158, 446 134, 206 141, 213 127, 287 204, 988 172, 747 170, 252 163, 010 74, 560 66, 460 51, 921 44, 202 1, 506, 072 1, 401, 950 1, 247, 605 1, 345, 147 104 93 113 108 135 109 95 95 140 150 148 160 148, 200 139, 650 153, 900 225, 150 52 49 54 79 225, 150 199, 500 18S, 100 79 70 66 137, 833 123, 371 157, 391 155, 603 173, 664 154, 173 188, 318 179, 218 35, 796 28, 848 25, 235 25, 313 1, 273, 259 1,365,600 1, 339, 425 1, 455, 836 94 60 46 46 149 100 75 80 98 139 137 165 169 177 .183 183 203, 000 208, 800 200, 100 185, 600 70 72 69 64 182, 700 171, 100 183, 500 205, 900 63 59 65 71 216, 176 136, 637 105, 309 105, 378 249, 125 165, 892 124, 753 132, 739 26, C64 36, 781 36,411 43, 777 1, 592, 338 1, 605, 409 1, 661, 303 1, 658, 610 116 128 136 116 56 51 48 61 93 99 83 82 178 201 96 150 168 140 123 130 168, 200 185, 600 197, 200 168, 200 58 64 68 58 203, 000 217, 500 226, 200 203, 000 70 75 78 70 128, 685 117, 803 110, 055 117, 243 155, 301 165, 034 138, 794 135, 989 47, 335 53, 362 25, 372 39, 730 1,505,367 1, 270, 615 1, 115, 792 1, 184, 611 132 138 166 160 48 58 42 45 80 95 75 78 137 140 115 247 142 162 155 177 191, 400 200,100 240, 700 232, 000 66 69 83 80 211, 217, 185, 182, 73 75 64 63 108, 725 132, 448 97, 187 101, 889 133, 540 158, 560 124,464 129, 376 36, 269 37, 119 30,411 65, 511 1,291,867 1, 472, 902 1, 410, 362 1, 611, 075 199, 617 69 1923 _ i 1934 January _ February March April _„ _. November December 700 500 600 700 1925 January. February March April May June July. August _ [ ji _ _. \ 1 Fabricated structural steel data compiled by the Bridge Builders and Structural Society up to April, 1922, and since then by U. S. Department of Commerce, Bureau of the Census, including reports from the Structural Steel Society. Percentages of capacity calculated from reports of the Bridge Builders and Structural Society UD to April, 1922, and applied to estimated total capacity each year based on a special survey by the Bureau, of the Census as published in the text matter in this issue. Beginning with April, 1922, reports received from 192 firms (and in addition 12 firms now out of business) with a total capacity of 242,465 tons in 1922, 250,790 tons in 1923, and 252,440 tons in 1924 have been prorated to the estimated total capacity of the United States, 284,000 tons in 1922 and 285,000 tons in 1923 and 290,000 tons in 1921, for comparison with previous figures. 2 Iron and steel exports and imports from the U. S: Department of Commerce, Bureau of Foreign and Domestic Commerce. The export column designated "Selected items" and the imports are based on the group of pig iron and rolled products as used in the Iron Trade Review, comparable each month back to 1913. Beginning with January, 1922, all commodities are given in quantities in the export reports, and thus a grand total can be presented in the column showing total exports, as compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1920 are given in June, 1922, issue (No. 10), p. 42. 3 These data, compiled by the U. S. Department of Commerce. Bureau of the Census, including reports from the National^ Association of Steel Furniture Manufacturerst comprise shipments from 22 manufacturers, representing practically the entire production of stock goods, which include sections, counters, office and vault verticals, safes and interiors, desks and tables, and small miscellaneous articles, exclusive of shelving and lockers. Monthly data from 1919 given in March, 1923, issue (No. 19), p. 45. 27456°—251 -1 50 Table 19.—TRANSPORTATION EQUIPMENT NEW EQUIPMENT ORDERS a VESSEL CONSTRUCTION ' Loco- Freight Passenmoger cars tives cars Under Completed dur- coning month struction Steel MerTotal sea- chant going vessels LOCOMOTIVES1 Shipments YEAK AND MONTH DoTotal mestie Unfilled orders Foreign Total Domestie Foreign Number 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly 1918 monthly Gross tons ! ._„ „ 306 119 114 230 336 371 average average . average average average ._ average 18, 836 46, 225 86, 192 226, 773 28, 846 26, 354 9,548 27, 094 50, 895 155, 110 ELECTRIC LOCOMOTIVES, SHIPMENTS < (QUARTERLY) Mining Thous. Numof gross ber tons Industrial Number Dollars Dollars j 1 _ „. 1,236 | ! 429 131 99 79 55 18 166 20 217 165 118 1,838 7,017 1,945 15, 013 7,873 11, 899 24 148 20 198 184 213 354, 845 238, 394 115, 569 28, 246 24,099 17,507 294, 849 208, 557 102, 157 13, 239 9,774 10, 904 1,188 546 231 197 173 1,699 2,141 2,214 2,111 89 79 102 93 379 514 544 159 11, 790 10, 979 36, 910 10, 420 683 149 355 219 14, 292 21,392 24, 978 38, 972 4,797 16,224 7,886 15, 527 302 280 270 241 2,150 1, 958 1, 738 1,497 2, 045 1, 854 1, 652 1, 406 105 101 86 91 95 149 9 8 160 1,706 1,093 1,401 121 63 81 73 15, 518 54, 161 9, 960 25, 217 1,034 25, 815 93 8,606 150 172 164 141 22 15 29 24 1,178 977 691 387 1,102 915 656 365 76 62 35 22 9 53 52 13 1,989 792 1,185 16, 046 57 20, 906 144 18, 350 144 6, 576 125 i 38,860 8,562 8,778 923 19, 046 160 164 162 160 147 92 128 63 4 7 4 10 376 499 534 640 344 466 494 586 32 33 40 54 137 93 311 110 6,404 19, 537 38, 134 11, 903 38 10, 780 381 3,950 308 j 21 , 782 170 I 36, 510 3,719 1,849 17, 761 28, 408 146 19G 179 172 1 111 145 140 139 93 134 130 121 18 11 10 18 643 531 483 361 589 462 416 306 64 69 67 55 118 1 91 9 463 412 667 5,054 131 40 194 213 26, 972 22, 951 18, 070 3,965 13, 166 15, 724 10, 484 386 161 185 164 164 104 96 133 142 79 78 123 132 25 18 10 10 386 482 397 431 333 398 331 358 53 64 66 73 111 148 99 189 23, 597 12, 610 13, 870 10, 240 325 244 279 235 25, 875 11,414 12, 650 15, 167 12, 346 6,665 8,651 11, 690 168 177 184 183 90 45 45 407 351 56 52 10, 312 78 15, 073 12, 838 223 199 112 106 2C6 122 110 69 88 249 110 89 43 18 17 12 1, 323 337 889 1, 592 479 894 206 791 1,513 424 229 207 282 217 217 196 269 201 12 11 13 16 1,788 2,220 2,316 2,204 238 232 239 272 228 221 211 259 10 11 28 13 335 310 299 329 313 295 270 305 January. February March April 151 99 132 73 IVTay June July August 1919 monthly average 1920 monthly average __ -_ 1921 rnonthlv average _ 1022 monthly average 1923 monthly average 1924 monthly average i • 318 !« 1, 480, 217 142 | 689,755 1 « 75, 076 181, 032 «15 22 1923 January February March .. Mav June July August - September October November December.. -. i 1 ij 1924 _ ._._._ . September „_ October November _ December , i ~"i - - -- 140 683, 565 45 291, 031 1 134 648, 846 21 219, 826 140 705, 138 8 33, 402 154 721, 472 13 179, 870 1 1925 January February _. -_-_ July. August 1 ' ._ ii j i i ::::::::i::::::::::: .__ _ L~:V Reported direct to the U. S. Department of Commerce, Bureau of the Census., by principal locomotive companies. Monthly data from 1920 appeared in June, 1922, issue ng dur.d 77 per cent3for locomotives, freight and passenger cars, respectively. in units of 100 cubic feet,. the entire cubical capacity of the vessel, including From the U. S. Department of Commerce, Bureau of Navigation. Gross ton represents, ^ , crew and engine space. The total under construction includes ocean-going, lake, and river vessels built and officially numbered, including vessels of the U.S. Shipping Board and private American owners, but not vessels built for foreign owners. The column on merchant vessels under construction includes all kinds of ships except Government4 vessels, building or under construction at the end o! the month. Monthly data from 1915 given in January, 1924, issue (No. 29), p. 49. Compiled from quarterly reports to the U. S. Department of Commerce, Bureau of the Census, from 9 manufacturers comprising practically the entire industry. Press8 releases furnish details as to type, i. e., trolley or storage battery. Data for 1923 not available by quarters. Quarterly averages. 51 Table 20.—RAILWAY EQUIPMENT Total 1918 monthly av 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av 1923 monthly av 1924 monthly av 1930 January February March April - _Mav June July August September October November December . . 1931 January February March April _ _ _ May June _.July August - September October -_ November December 1933 January - .- February March April May. ..: June July August September October November December __ 1933 January February March April May June July August . _ September October November December 1934 January . February March ... __ A pril May_ June. Julv August September October . November December 1935 January February March April Passenger cars Freight cars YEAH AND MONTH __ __ _.. _ . May June July August. Domestic Foreign NEW ORDERS 2 UNFILLED ORDERS i SHIPMENTS! Do- For-Total mestic eign Total Freight cars Passenger cars Freight cars Domestic Foreign Total Domestic Foreign Domestic 7,961 11,917 5,116 3,528 4,866 12,233 6,850 4,392 6,904 3,899 3,109 4,749 12,069 6,718 3,569 5,014 1,217 419 117 164 132 70 19 34 75 59 138 92 63 11 23 71 46 135 88 7 8 11 4 13 3 5 128, 103 91,815 48, 851 17, 559 68,015 72, 825 43, 684 76,974 55, 630 41, 964 14, 380 64,007 71, 505 42, 155 51, 129 36, 185 7,302 3,179 4,008 1,320 1,529 416 177 783 393 914 1,452 620 346 116 701 345 824 1,430 608 69 61 82 48 80 22 12 6,386 4,813 4,790 4,039 4,017 3,316 2,963 4,240 4,617 6,667 6, 878 8,660 4,482 3,774 2,796 2,127 2,630 2,608 2,583 3,056 3, 529 5,999 5,902 7,298 1,904 1,039 1,994 1,912 1,387 708 380 1,184 1,084 668 976 1,362 10 4 39 15 0 21 45 34 38 34 55 113 1 4 11 15 0 0 18 21 38 21 48 96 9 0 28 0 0 21 27 13 0 13 7 17 36, 663 38,095 41, 455 50, 049 54,099 55, 963 58, 487 55, 763 64,907 53, 077 47, 524 40, 124 27, 282 29, 706 33, 601 42, 859 47, 761 48, 171 50, 275 48, 189 48, 114 48, 051 41, 290 38, 268 9,381 8,389 7,854 7,180 6,338 7,792 8,212 7,574 6,793 7,026 6, 234 4,856 414 385 602 674 842 893 899 936 978 917 984 871 311 282 522 586 732 796 811 861 903 851 925 829 103 103 80 88 110 97 88 75 75 66 59 42 7,827 6,776 6,458 5, 326 4,039 2,658 4,325 2,288 1,807 272 132 430 7,008 6,276 5,753 4,455 3,610 2, 245 3,892 2, 106 1,457 72 60 368 819 500 700 871 429 413 433 182 350 200 72 62 43 64 69 116 144 163 90 104 65 34 9 9 43 50 69 116 138 159 90 104 37 34 9 2 0 14 0 0 6 4 0 0 18 0 0 7 35,777 29, 910 25, 837 20, 825 17, 449 15, 860 8,233 7,633 7,548 8,453 13, 841 19, 339 32, 874 26, 685 21, 808 17,513 13, 890 12, 149 6, 145 4, 537 4,788 6,177 10, 236 15, 755 2,903 3,225 4,029 3, 312 3,559 3,711 2,088 3,096 2,760 2, 278 3,605 3,584 828 778 709 589 468 343 264 167 116 125 126 197 786 750 681 665 450 291 218 114 81 47 38 116 42 28 28 24 18 52 46 53 35 78 88 81 2,700 200 1,400 350 250 1,500 900 150 550 6,500 7,000 550 1,295 1,555 2,283 2,888 4,140 2,199 3,689 5,605 6,174 8,860 9,808 9,900 1,271 1,498 2,111 2,711 3,845 2,027 3,638 5, 509 6,140 8,822 9,786 9,634 24 57 172 177 295 172 51 96 34 38 17 266 5 15 6 7 40 60 41 74 98 100 113 151 5 15 6 7 20 28 31 50 68 90 113 123 0 0 0 0 20 34 10 24 30 10 0 28 18, 178 29, 691 35,476 53, 691 59, 873 72, 529 79, 925 77, 978 89, 965 92,057 98. 329 108, 487 14, 356 25, 710 31, 466 49, 678 56, 090 68, 791 75, 985 73, 842 85, 775 87, 861 94, 102 104, 423 3,822 3,981 4,010 4,013 3,783 3,738 3,940 4,136 4,190 4,196 4,227 4,064 293 444 628 872 841 799 875 804 1,224 1,273 1, 326 1,586 212 303 487 722 711 687 773 726 1,176 1,235 1,288 1,572 81 141 141 150 130 112 102 78 48 38 38 14 11,000 14, 500 12,000 31, 500 18, 250 13, 100 13, 700 1,610 10, 350 12,700 18, 500 23, 255 11, 527 9, 549 12,191 10, 327 12, 065 12, 405 11, 799 14,030 13, 282 13, 850 13, 469 12, 296 11, 154 9,413 12, 140 10, 287 11,871 12, 185 11, 747 13, 968 13,018 13, 577 13, 333 12, 131 373 136 51 40 194 220 52 62 264 273 136 165 158 96 142 132 152 145 122 165 115 108 119 206 153 96 137 128 152 141 122 165 112 105 119 195 5 0 5 4 0 4 0 0 3 3 0 11 100, 666 94, 758 111,289 107, 799 95, 446 84, 114 74, 766 63, 349 50, 872 37, 668 28, 092 25, 082 96, 799 93,811 110,047 106, 778 94, 283 82, 920 73, 569 61,110 49, 874 36, 869 27, 429 24, 573 3.867 '947 1,242 1,021 1,163 1,194 1,197 2,239 998 799 663 509 1,801 1, 722 1,563 1, 602 ,506 ,365 ,272 ,204 ,229 ,337 ,438 ,383 1,792 1,709 1,555 1, 598 1,495 1,358 1,255 1,161 1,189 1,300 1,401 1,343 9 13 8 4 11 7 17 43 40 37 37 40 15,000 9,300 42, 500 9,800 2,200 1,785 1,450 2,780 897 1,125 5,050 11, 600 5,041 5,070 4, 585 5,058 6,253 6, 854 9, 584 9,411 9,467 8,839 6,382 5,661 5,007 5,015 4,453 5,053 6,158 6,813 9, 580 9,350 9,440 8,449 5,938 5.365 34 55 132 5 95 41 4 61 27 390 444 296 92 76 138 100 76 102 63 94 88 96 99 79 66 76 133 104 67 102 63 94 87 90 98 79 26 0 5 6 9 0 0 0 1 6 1 0 23, 552 52, 678 55, 604 56, 752 50, 920 44, 462 35, 479 33, 535 40, 954 38, 391 45, 369 46, 508 22, 161 51, 250 54, 202 55, 348 49, 644 43, 152 34, 092 31,387 38, 803 36, 560 43, 937 45, 325 1,391 1,428 1,402 1,404 1.276 1, 310 1,387 2,148 2,151 1,831 1,432 1,183 644 772 742 679 683 618 635 621 544 486 502 612 624 752 727 670 677 605 621 607 531 479 496 507 20 20 15 9 6 13 14 14 13 7 6 5 8,150 41, 350 13, 150 10, 250 511 438 886 5,980 27, 630 4,885 12,720 18, 475 1,600 2,000 6,667 1,838 15, 039 8,624 12, 035 8 8 8,000 5,500 7,000 7,000 3,500 6,500 2,500 2,500 1,695 | i 1 The data on shipments and unfilled orders of manufacturers for railway equipment were obtained from the Interstate Commerce Commission. Monthly data from 1919 appeared in July, 1924, issue (No. 35), p. 55. These figures do not include cars built by the railroads themselves, for which data may be found on p. 114 of this issue. 2 Orders for freight cars by domestic railroads compiled by the Iron Trade Review. Comparable distribution of the data by months are not available prior to May, 1920. As these figures are gathered from an entirely different source than the other data in this table, comparisons with these other data will not be accurate. Monthly averages (or the years 1913 to 1917 appeared in the May, 1924, issue (No. 33), p. 77. 52 Table 21.—COPPER AND BRASS TUBULAR PLUlIBiNG 9 COPPER Production YEAR AND MONTH l 8 Mines Smelter - Refined Stocks 7 World * Doines-i tic 5 Ex- 6 (North and Sooth produc- shipAmerica) ports, tion, refined blister merits, refincc! Refined - Blister Short tons 1913 monthly av.__ 1914 monthly av__. 1915 monthly av 1916 monthly av._. ] ( U7 monthly av 1918 monthly av.._ 51,487 47,8-1 1 9 1 9 in on ib 1 y a v 1920 monthly av._. 1921 monthly av._. 1922 monthly av___ 1923 monthly av... 1924 monthly av__. 50, 514 5 i 023 19 ( '3 41, 155 61, *>fi4 66,l)i 5V Oi 5U > / b 2a//8 •C 1M c° eio t -!, "78 7H (>7'"» 7-J, ^1 5M-20 47, 922 LI 134 80 "27 7P =« 79 >2 Price - ! Ingots, eiec- ' Sales troiytic (New ¥ os-k) s i Dollar 1 Number Dollars per ib. 1 .1728 . 2720 . 2718 .2463 45, 829 61, :.i'J3 74,1^1 12 125, 083 79, 553 113,035 I21,o61 62, 782 62, 719 62, 740 63, 071 65, 866 71, 167 69, 109 69, 239 71, 723 115, CQG r;3,0<:9 112, '>?,(} 120, J 14 67, 425 63, 844 55, C'P4 62, 400 29, 505 31, 010 31,584 34, 439 102, 398 98, 846 106,811 106, 790 244, 063 259, 574 267, 334 270, 716 . 1544 . 1466 . 1432 .1382 62, 256 06, 035 63 885 64, 882 72, 247 76, 272 73 575 72, 4/59 117, 994 118, 103 118,062 120, 603 47, 218 61, 622 64; 049 51, 234 34, 445 38,301 38, 178 120,549 137, 089 131,953 155, 885 2G8, 368 253, 350 253, 632 253, 380 March April 66; 631 65, 881 65, 181 66, 073 75, 734 73, 791 74, 338 71, 072 118, 781 117, G27 122, 616 119, 170 72, 419 71, 033 80, 197 65, 799 34, 444 44, 639 49, 334 49, 344 160, 195 145, 558 119, 463 110,421 May June July... A u rust 65, 60S 63. 933 64, 787 66, 756 75. 734 74. 948 74, 072 73, 074 124, 250 122, 100 68, 002 61, 325 50, 738 60, 944 49, 159 46, 370 39, 020 40, 891 63, 800 68, 962 68, 313 68, 122 74, 390 81,003 74, 975 75, 081 48,' 625 45, 528 51, 831 48, 161 r :rs «?:o,97i Thou?, of feet Number of pieces ...J 18,327 23,886 25. f.47 30, 842 33, 322 45, 612 52, 179 25, 605 Orders Orders Shipreceived shipped ments ..! 0.1527 35, 231 37,623 26,784 27, 630 39, 900 20 3f,3 12231.901 1^03,845 i2 134,299 i' 197,207 LIGHTNING RODS 51 BRASS FAUCETS 10 i» 351,061 i» 320, 733 13267. £f!9 « 149, 393 is 155, 885 13 253, 380 "136,434 13 237, 756 .1869 . 174fi 1250 ^338 " 220, 198 . 1442 215, 908 . 1302 265, 748 14 208, 006 i« 296, 090 " 280., 033 207, 849 478, 768 519, 970 224, 054 437, 252 381, 261 COO 440 404 119,467 90, 320 94, 381 125, 865 122, 392 105, 709 100, 755 124, 525 512, 395 257, 012 227, 701 272, 974 681, 483 540, 324 421,819 425, 032 9*3 970 842 506 . 1332 . 1257 . 1273 .1282 135, 966 173, 481 261, 190 307, 458 136, 374 147, 420 214, 261 289, 915 338 408, 502, 476, 221 765 860 546 389, 845 490, 690 394, 798 319,072 246 149 98 46 245, 552 246, 327 238, 029 235, 082 .1240 . 1271 .1352 . 1321 540, 768 269, 112 289, 694 217, 383 425, 776 260, 548 2SS, 097 189, 280 496, 535 515, 521 389, 554 339, 036 36? 433 394, 318 428, 782 482, 578 73 169 470 795 113, 003 1 12,190 120, 859 128, 292 241, 131 241, 931 247, 470 249, 795 .1277 .1233 .1239 , 1322 101, 433 113,426 125, 914 283, 933 102,672 99, 082 118,855 190, 438 281, 913 283, 990 307, 400 243, 540 3GO, 419 4-21,115 345, 206 275, 309 695 747 751 584 136, 755 233, 742 237, 756 167, 497 174, 822 309, 268 595, 729 143, 267 146, 958 270, 379 452, 401 447, C04 460, 664 590, 333 890, 924 396. 795 446, 168 290, 729 335, 180 247 157 136, 434 . 1292 . 1293 . 1364 .1426 . 1471 304, 015 251, 290 1.923 M fiy June.... July Aji^ust 2G8; 583 | Se p torn ber October December 1924 January _ S^r^e'riber October.N^Vf'TbPT December 19£5 January February __„ Mnrch May June July August __ 295, 438 ? ' .), 152 326, 928 323, 535 ii9, iec 316, 197 333, 672 | • 47, 726 116, 557 129, 547 « 58, 968 121, 704 10 58, 908 125, 496 is 58, 908 i 85 i 1 i i i^are^ on in1 no production represent practically complete primary production of copper in the United States. These data since 1921 and the following columns on prr i Ti. n, eh^,-™ cu ^ ^ n( j stocks aie compiled by the American Bureau of Metal Statistics. Mine production from 1913 through 1920 was reported by the U. S. Department tf*ii > if >or, Gfolo n >l Survct/ L ^itor production dcta aie based on the production of blister copper by smelters in the United States from both domestic and imported ores, also from some scrap CGI i ' i \ OTn figui s foi the period i&l M920 represent production as reported by the U. S. Department of the Interior, Geological Purvey. efu cd production (qu r <j ttuj) *ei rt sents the total output of refined copper by primary refiners in North and South America. r ltl piocttrtion of bl'stei. coupei includes the smelter output of the United States, Mexico, Canada, Chile, Peru, Japan, Australia, Europe, Belgian Congo, and PI 1 ht- e countiits pi oc uct<i -ibou* 95 per cent of the world's production in 1922 and about 90 per cent in 1923. The figures are based on smelter production oi blister a p v ^ 'iiout3any attempt at C t t ie5itioa according to the country of origin. "> i neru1 *iguies rej. it ent t ie iro\eaient of refined copper from 12 refineries, located in both North and South America. ' Wr o r signed copper compiled by the U. S. Department of Commerce, Bureau o/ Foreign and Domestic Commerce, include refined copper in ingots and liars, old and B0r ) ' MCI, (f ~iposition metal (eopp j i chief value), pipes, tubes, plates, sheets, and wire except insulated. -to ks o blister copper, Nritii 2 id South America, also include copper "in process." s 1 1 co cf "ngot PTrer> electro h L T T Jew York, based on averages of daily transactions, reported by the Engineering and Mining Journal- Press. \ u b u » a " rjlmnbi iq; sal^s fiom If t uiar Plumbing Goods Association, comprising cast, wrought, and miscellaneous traps, basin, bath, and tank supply pipes and con s. Detail > bj classes,, sizes, and geographical distribution are given on the association's reports. cs and overflows. codu L> a n bia^s faucets, repiesenttag the total of 22 different kinds of faucets, reported to the National Association of Brass Manufacturer soy about 13 r\>\r\\A*f;, c-ach nc ! i i > +o on lightning rods compiled from reports of 10 members to the Lightning Rod Manufacturers' Association (reduced by consolidation from 14 n:oui-Kvs), re:>re" '•nut SO "ner cent of the industry \'U 'tfrly ave/nges p r p s ar oppo ite ^ enrly figures and quarterly totals opposite monthly data. i u-cks iDpearmg opposite the r tar^ 919 to 1922, inclusive, are as of Dec. 31 of the year indicated, whereas the figures opposite 1923 i«id 1924 are average monthly holdings " Four months' average. i* Seven months' average. • foi nc j oil jndicateu io Proi *Led from quarterly total. 53 Table 22.—TIN, ZINC, AND LEAD LEAD 3 ZINC* TIN* PrfeeKetorts ProOre ImOre Prime ports- Price, in oper- duction Stocks ship- stocks, pig ation, (total at re- ments, Joplin westBars, (New ern end of pri- fineries Joplin district (New blocks, York) month U.S. mary) district etc. York) < Stocks1 YEAR A.ND MONTH Deliveries World visible Thoras. Dolls, Number of Ibs. per Ib. Long tons 1913 mo. av 1914 mo. av__ . 1915 mo. av 1916 mo. av 1917 mo. av 1918 mo. av 3, 658 3,475 4, 063 4,685 4,823 4,862 12, 377 14, 907 15, 208 18, 585 18, 803 13, 894 1,930 1,599 2,078 3,331 2,284 286 9,560 8, 351 9,273 14, 085 12, 908 11, 876 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av_ 1923 mo. av._ 1924 mo. av 2 092 4,2CO 2, 1GO 4,788 5, 846 5,344 12, 890 19, 726 19, 697 23, 655 21, 740 21, 254 1, 630 8,322 2,351 2, 481 2; 667 3,351 7,475 10, 503 4,517 11,225 12, 892 12, 159 5, 050 5,603 4,812 4,870 22, 879 22, G02 25, 286 25,000 1,236 2,859 2, 699 3,704 •6, 625 6, 185 6,634 6, 775 25, 765 25, 157 24, 622 22, 116 1923 September October - _ _ _ November December 1923 January February March.. April ._ „__ ___ PriceReOre Pig, ceipts Stocks— desilShipProduc- ments, of lead U.S. and verized tion Joplin in U. S. Mexico (New district ore York)* Bolls, per Ib. Thousands of pounds Dolls, per Ib. Short tons 105, 684 94, 468 156, 568 204, 693 136, 639 123, 033 57, 780 58, 840 81, 586 111, 242 111, 596 86, 320 81, 318 40, 190 28, 506 35, 196 107, 442 82,482 47, 861 42, 841 51,590 61, 250 68, 140 60, 461 .0550 . 0506 .1305 . 1263 .0873 0789 3, 972 3, 458 3,776 4,345 4,988 5,655 •0437 •0386 • 0463 .0686 .0879 .0741 .6333 .4827 .,3858 .3183 .4180 .4967 100, 830 89, 737 36, 623 57, 007 84, 634 76, 748 76, 500 79,962 35, 932 62,280 88,534 89,308 74, 970 80, 886 159, 657 72, 770 40, 250 78, 451 70, 651 94, 998 52,368 90,294 110, 251 121,847 .0699 .0767 .0466 .0572 .0661 .0661 5,836 7, 327 5, 701 7, 805 7, 522 . 0576 .0796 .0455 .0573 .0727 102,041 . 0810 7,379 15,086 8,994 16, 643 .3208 . 3394 .3591 . 3648 65, 936 72,116 75, 664 80, 863 66, 268 79,880 80,400 85, 682 37, 612 36,086 38,994 36, 504 3,354 2,054 4, 067 3,577 13, 165 12, 429 1:8,365 16,802 .3799 .4069 .4657 .4428 84,131 86,931 89,054 89,203 92,634 84, 886 97, 462 93, 732 33, 148 21, 728 20,042 17, 952 . 4425 .3859 .4338 .6180 136, 125 117, 305 43,961 25,986 30, 748 37, 449 41,878 . .._«_ .0811 .0653 .'0705 .0716 162, 860 187, 600 184, 800 105, 920 .0655 .0684 . 0710 .0700 94, 313 114, §50 188,373 125, 038 102,060 93, 900 106, 160 112,320 .0682 .0715 . 0771 .0720 7,548 7,078 10, 493 7,744 38, 728 35, 218 42, 451 39, 579 .0763 , 0805 .0825 .0810 9,103 10, 703 3, 780 4,114 47,321 36,022 34, 892 35, 171 .0731 .0715 .0624 .0658 May June July August .__ 6, 035 5,410 5, 305 5, 510 22, 187 21, 297 20, 019 18, 754 3,132 2, 137 2, 037 2,887 11,272 10, 966 12, 616 12, 709 . 4035 .4038 .3797 .3884 86, 731 84, 455 82, 075 75, 325 94, 694 85, 680 86, 130 83,250 26,038 34, 346 42, 480 52,942 102, 084 110, S91 63, 257 86, 138 128, 100 135, 840 128, 000 130, 240 .0663 .0603 .0609 .0733 September October November December _.. 4, 540 . 6, 540 6, 785 4, 810 19, 864 20, 567 19, 520 21, Oil 2, 362 3,677 1,072 1,652 3,4G8 13, 053 11,336 12, 577 .4105 .4132 .4350 .4666 81, 849 84, 559 84, 906 86, 384 78, 210 84, 196 88, 560 92,970 45, 786 51,574 61, 808 75, 156 134, 455 86, 312 135, 690 153, 907 125, 760 131, 760 106, 640 106, 880 .0644 .0629 .0635 .0626 33, 830 37, 467 36, 945 7,732 5,425 6,521 10, 018 34,280 36, 879 34, 772 34, 077 .0686 .0683 .0685 104, 166 .0737 1934 January February March April 4, 895 8,845 4, 560 7,590 24, 372 21,835 23, 275 19, 023 2,818 3, 302 1,802 4, 322 12, 925 2<D, 599 7,869 22, 807 .4825 .5277 .5437 .4946 78, 768 79, 232 78, 092 82, 650 99, 418 87, 866 95, 550 89, 898 81,394 99, 724 74,384 116, 390 64, 148 168,988 65, 556 105, 218 102, 880 99,600 65, 280 83, 520 .0643 .0676 .6649 .0612 36, 670 39, 912 43, 109 40, 362 4,063 3,536 4,352 3,676 38,485 39, 470 3,9, 924 40,819 100,530 101, 244 103,367 110, 415 May June - _ July August 5, 240 4,310 3,930 4,805 19, 711 20, 094 120, 161 24, 302 4,067 4, 067 5,059 3, 454 11, 316 9, 167 10, 826 7,506 .4361 . 4227 .4S75 .5141 81, 143 75, 155 71, -827 72,195 95,332 86,884 85,826 83,550 84, 728 120, 302 99,368 91,672 105,410 92, 702 101,844 147,454 92,320 96,080 92, 720 82, 480 .0579 .0579 . 0590 . 0618 44,276 46, 119 44,483 44, 638 3, 895 2,984 2,563 4,735 45,520 41, 096 35, 956 43,061 109, 922 .0727 108, 760 .0702 105, 486 .0712 103, 457 . 0783 September O-ctober.. _. November December 4, 985 5, 090 5,790 4,085 20, 233 18, 971 20, 977 25, 088 3,974 2,419 2,089 2,844 11, 699 10,070 3,287 11, 738 .4860 .5004 . 5385 .5572 70,875 72,139 77, 631 81, 274 81, 704 84, 976 85, 266 95, 422 91, 440 76, §04 53,824 42, 416 90,880 86, 800 . 0618 .0632 .0680 .0737 46,925 47, 517 46, 597 46,918 3,885 4,678 43,052 45, 577 42, 619 42,959 7,155 22,949 4,394 .5769 86,081 100, 772 37, 992 1925 January FebruaryMarch April May June July August 111, 756 131, 162 159, 174 117,618 0774 98, 277 97, 471 98, 361 87, 197 .0797 .0855 .0901 .0826 .0800 .0824 .0869 .GS21 .1017 •*• 1 Deliveries and stocks of tin from New York Metal Exchange. Stocks in the United States are at port warehouses at the end of the month, while deliveries are from these warehouses and indicate approximate consumption. The world visible supply at the end of the month includes stocks in the United States in Europe and afloat. Imports of tin in bars, blocks, etc., from U. 3. Department of Commerce, Bureau t>f Fa-reign and Domestic Commerce. 2 Production and stocks at refineries at end of month of total primary zinc and retorts in operation at end of month from American Zmc Institute. Ore shipments and Btocks at Joplwi district mines at end of month from the Joplin Globe. 3 Production of crude lead (amount extracted from Mexican ore deducted), receipts of lead in United States ore, and total subscribers' stocks in the United States and Mexico <>f ore, matte, base bullion, and refined lead, including antimonial, reported by the American Bureau of Metal Statistics. Shipments of lead ore from mines of the Joplm district from the Poplin Globe. * New York price quotations on tin, lead, and zinc, representing averages of daily prices, from the Engineering and Mining Journal. Table 23.—COAL [Relative numbers for base year in bold-faced type; numerical data on opposite page] BITUMINOUS ANTHRACITE Prices Production^ YEAR AND MONTH Exports a Mine average (Spot) 3 Relative to 1913 1909-13 monthly average 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average Prices Wholesale, Kaiia- Retail, wha Chif. o. b. cago 4 Oncinnati* Relative to 5-yr. av. Production * Pro- Stocks, Ex- WholeRetail, sale, chestduc- end of tion^ month J ports « chestnut, nut, New York* RelaRelative to tive to 1921 5-yr. av. Relative to 1913 100 New York 4 Beehive Pi-ice Exports z Byproduct 137 105 127 144 163 100 100 93 91 150 264 100 100 122 208 102 102 101 144 j 121 97 119 87 88 118 98 151 136 261 157 84 145 116 210 211 459 207 295 224 169 177 187 266 207 237 196 156 130 109 121 110 99 73 111 126 354 292 258 227 - 120 118 117 127 205 220 207 193 . 120 128 111 103 127 115 100 ConnelisYilie* RelaRelative to tive to 5-yr. av. 1913 Relative to 1913 100 100 88 93 105 115 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average COKE 100 100 100 100 100 100 100 105 112 100 103 105 121 69 82 106 99 88 111 150 176 100 68 91 120 143 100 99 97 96 109 120 111 103 121 161 136 143 176 I 178 198 192 169 108 96 98 99 60 104 99 100 55 26 112 129 129 140 121 68 132 104 129 156 179 198 200 205 214 132 155 177 194 197 204 201 91 59 62 17 24 53 29 204 198 242 155 224 295 266 172 73 94 32 52 126 75 245 194 442 149 290 224 145 256 222 222 222 228 224 207 184 114 102 123 106 6 12 124 115 139 147 200 200 200 200 207 214 203 196 63 53 62 63 293 265 307 303 107 97 134 277 338 292 300 259 216 207 193 195 200 188 177 177 183 184 183 183 112 114 109 116 21 29 34 35 155 145 158 153 200 200 200 200 196 196 198 201 65 63 56 53 314 299 308 306 223 88 82 136 211 213 193 192 161 136 114 98 195 183 181 176 177 177 177 154 181 182 182 181 38 114 102 101 28 40 47 54 61 139 128 114 210 216 216 216 208 209 209 208 49 46 39 38 294 293 278 283 130 107 67 62 197 163 167 169 100 74 95 115 101 86 181 183 175 168 166 166 154 154 181 181 178 168 104 100 106 89 56 62 75 79 94 108 108 85 216 216 216 207 208 203 206 194 41 43 48 39 292 281 304 284 73 77 153 62 165 172 171 155 78 76 81 87 112 138 149 127 166 165 161 162 154 154 154 154 163 163 163 163 102 101 102 93 86 100 120 141 95 121 101 89 208 210 212 214 195 196 197 198 27 20 17 16 264 228 224 231 55 66 67 58 140 132 121 123 103 117 102 115 137 140 89 99 165 171 167 167 154 154 154 154 163 171 169 169 100 101 89 97 155 156 156 153 114 126 98 111 216 216 216 221 203 203 203 207 19 23 23 32 238 274 277 290 58 77 78 77 128 128 132 165 170 154 100 74 73 133 338 1923 January . _ February March _ April - May June July August September October November December .. - -- 1924 January February March April -- May June July August „ . September October November December - .. 1925 130 190 221 97 A mil ! 1 July 1 " See footnotes on opposite page also. 1 Production figures, calculated from shipments from the mine, representing complete production except for small quantities used at the mines, complied by U. S. Department of the Interior, Geological Survey. Monthly data from 1911 given in November, 1924, issue (No. 39), p. 215. Periodic data on total stocks from 1916 given in March, 1924, issue (No. 31), p. 13. 2 Exports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce: bunker coal on vessels engaged in the foreign trade is not included in these figures. Consumption of coal by vessels loading at principal clearing ports is given in the table 9n ocean transportation on p. 109. s Average mine price of spot coal in 14 representative bituminous fields weighted by the production in each field, compiled by the Coal Age; about 20 per cent of the total output of bituminous coal is sold spot, while about 55 per cent is sold on future contracts, and 25 per cent of the output is not sold commercially. 55 Table 24.—COAL [Base year in bold-faced type; relative numbers on opposite page] YEAR AND MONTH Exports8 Mine average (Spot) 3 Wholesale, Kana- Retail, Chiwha f. o. fo. cago4 Cin- 4 cinnati Thous. of short tons Thous. of long tons joQ9— 13 monthly average 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 39, 870 35, 225 36, 886 41, 877 45, 983 1,098 1, 499 1,150 1,397 1,581 1, 789 $1.23 1.14 1.12 1.85 3.25 $3.20 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 48, 282 38, 822 47, 389 34, 6GO 35, 189 47, 013 39, 080 1,663 1, 497 2,866 1,722 919 1,596 1, 270 42, 463 46, 733 46, 900 48, 088 Production Prices Prices Production i COKE ANTHRACITE BITUMINOUS Dollars per short ton Stocks, Ex- WholeProsale, Retail, chestduc- end of nut, tion i month* ports « chestnut, New New York ^ York' Thous. of short tons Dols. per Dols. per long short ton ton Thous. of long tons 1 Price Byproduct Beehive Exports J Connellsville* per Thous. Dols. °^f short ton Thous. of short tons 2.20 2.20 2.68 4.58. $4. SI 4.93 4.89 4.87 6.95 7,837 7, 569 7,416 7,298 8,301 388 346 319 295 347 482 $5.81 5. 32 5.33 5.57 5.94 $6.97 7.00 7.17 7.34 8.46 2,319 1,945 2,292 2, 955 2,764 1,059 935 1,172 1,589 1,870 73 73 49 67 87 104 $2. 44 1.81 1.79 3. 25 8.25 2.58 2.59 5.64 2.55 3.63 2.75 2.08 3. 88 4.11 5.85 4.56 5.20 4.31 3.43 6.55 6.86 8.48 8.58 9.50 9.23 8.15 8, 236 7, 341 7,467 7, 539 4,557 7,954 7, 518 2, 673 1, 478 696 2, 983 370 370 402 348 197 379 300 6.86 8.27 0. 50 10. 53 10. 60 10,88 11.37 9.19 10.81 12.33 13.52 13.70 14. 21 14. 00 2, 540 1, 587 1, 748 462 670 1,497 807 2,166 2, 095 2, 565 1, 646 2,375 3,127 2. 814 126 53 63 23 38 92 55 6.00 4.74 10.79 3. 65 7.08 5.47 3.53 1, 175 1,729 1,618 1, 469 5.04 4.38 4.1.1 4.13 7.39 6.39 6.39 5.89 10.83 10.94 10.83 10.82 5, 075 8,898 8,095 8, 743 38 152 236 137 89 405 440 382 10.53 10.53 10.52 10.64 14. 79 13.83 13. 83 14.54 606 878 1,138 1,233 2,244 2,806 2, 925 3, 063 35 39 38 11.13 9. 80 7.19 7.00 51, 903 43, 610 48, 411 44, 028 1,092 806 1, 220 1,385 4.36 3.59 3.17 2.79 5. 64 4.89 4.89 4.89 10. 98 10.79 9.96 8.84 8.. 713 7, 773 9,382 8,063 105 114 148 327 356 330 400 422 10. (32 10, 63 10. 63 10. 62 14.45 14.90 14.13 13. 67 1,477 1,481 1,748 1, 774 3, 100 2,810 3, 256 3, 206 78 71 98 202 8.25 7.13 7.31 6.31 August 47, 660 47, 054 46, 678 50, 544 2,249 2, 419 2,278 2,117 2. 66 2.54 2.38 2.40 4.39 4.14 3.89 3.89 8.81 8.83 8.81 8.80 8, 573 8, 665 8, 320 8, 868 568 768 898 939 446 419 455 442 10.63 10. 62 10. 62 10.63 13.67 13.67 13.83 14.00 1,827 1, 753 1,581 1,493 3,328 3,166 3,267 3, 239 163 64 60 99 5.15 5.19 4.72 4.68 September October November December.. 47, 805 50, 869 44, 387 41, 208 1, 769 1, 489 1, 253 1,078 2,40 2. 25 2.23 2.17 3.89 3.89 3.89 3.39 8.73 8.77 8.75 8.71 2, 917 8, 724 7,746 7, 700 740 1, 065 1, 244 1,441 176 401 369 329 11. 13 11.47 11.48 11.48 14. 50 14.58 14.58 14.50 1,372 1, 289 1, 102 1, 063 3, 113 3,101 2, 942 2,999 95 78 49 45 4.81 3.98 4.08 4.13 50, 801 45, 725 39, 909 29, 447 1,046 1,263 1,112 943 2.23 2.25 2.15 2.07 3.64 3.64 3.39 3.39 8.71 8.73 8.56 8.06 7,924 7, 621 8,114 6,811 1,494 1,660 2,016 2,125 272 310 311 245 11.47 11.47 11.48 10. 97 14.50 | 14.13 14. 33 13. 50 1, 154 1,211 1, 343 1,079 3, 094 2, 981 3,220 3, 010 53 56 112 45 4.03 4.19 4.18 3. 78 31, 236 30, 447 32, 284 34, 765 1 °32 1,514 1,631 1,393 2.04 2.03 1.98 1.99 3.39 3.39 3.39 3. 39 7.85 7.85 7.85 7.85 7,745 7, 704 7, 782 7,086 2, 291 2, 677 3,198 3, 779 275 349 290 257 11.06 11.16 11. 28 11.38 13.57 13.63 13.70 13.78 761 555 466 434 2, 798 2,416 2, 367 2,445 40 48 49 42 3.41 3.23 2.96 3.00 41,023 46, 813 40, 734 45, 780 1,503 1, 534 974 1,090 2.03 2.10 2.06 2.06 3.39 3.39 3.39 3.39 7.83 8.21 8.13 8.14 7,601 7,674 6,776 7,376 4,146 4, 167 4,166 4,080 327 362 283 321 11.47 11. 48 11.47 11.73 14.13 14.17 14. 17 14.42 523 631 630 900 2,543 2,899 2, 929 3, 067 42 56 57 56 3.13 3.13 3. 23 4.04 2.09 3.39 -_. 1923 October November _ December -. - 1923 January ...» February March April « - . _. May June July . ._ ! 1924 January February . March April May June July August . September October. November December , _ _ „ 1925 January February.. March April May June July.August 51, 900 11.75 7,400 4.64 --|-- - — 1 ! i See footnotes on opposite page also. 4 Wholesale and retail prices are monthly averages from U. S. Department of Labor, Bureau of Labor Statistics. Wholesale price of bituminous coal is based on run of mine, while the retail price is average consumer's price of lump, egg, nut, and mine ran, averaged according to shipments. The price of coke represents beehive furnace coke (range of prompt and future) at Connellsville ovens. s Anthracite stocks, representing stocks at distribution points and excluding Hudson Coal Company tonnage, from Anthracite Bureau of Information. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 56 Table 25.—CRUDE PETROLEUM [Relative numbers for base year in bold-faced type; numerical data on opposite page] | Production i j YEAR AND MONTH STOCKS * 1 ! (end of month) CONSUMPTION* 1 i Total Number imports^ Total for com- at refin- of days* supply parison eries Total Relative to 1919 Relative to 1913 Price MexiOil Kansas- wells can Oklaship- 7 comRun to homa, pleted « ments stills at wells « Relative to 1913 i 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average _ 1918 monthly average 100 100 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average ... 1924 monthly average _ _ 118 139 138 122 99 38 91 137 109 152 178 189 224 295 285 105 127 152 234 287 338 100 114 138 I 221 214 266 100 79 • 96 132 127 144 | ! | j | 100 100 100 104 122 144 158 87 90 86 62 135 190 235 100 87 48 98 87 93 100 97 i 102 115 169 i 212 297 610 704 715 461 437 160 201 201 226 273 287 100 120 123 138 161 179 244 364 182 193 154 155 110 127 77 91 85 76 337 594 699 724 563 524 100 107 113 121 i 135 143 ! i ; 82 127 154 213 246 i 1933 January February . March „ .» April 254 i 235 275 285 256 May June July August 260 265 200 188 208 210 126 121 116 116 492 . 418 543 : 446 : 249 236 274 269 155 142 155 155 145 185 198 195 76 69 78 96 554 471 612 587 301 304 318 321 272 283 291 298 211 212 225 229 126 130 126 124 404 ! 404 ' 466 511 i 265 253 285 296 159 159 169 166 163 155 155 155 118 115 109 92 570 553 561 603 315 326 316 288 304 312 320 322 219 225 221 223 128 134 138 135 406 460 410 567 285 202 279 293 162 169 167 ;. | 80 72 63 56 523 534 555 C28 January February March April 273 268 288 287 321 323 327 331 227 250 261 265 140 138 140 140 425 439 579 492 286 271 290 283 ™ 144 133 112 109 170 166 125 183 133 162 179 186 49 57 68 90 459 i 547 617 626 May June. __ July... August 298 286 295 298 335 339 343 349 271 271 2C8 272 144 147 153 155 498 449 438 395 286 275 280 280 182 174 176 181 186 166 166 147 104 96 100 87 577 521 504 488 288 289 272 273 350 348 346 330 278 270 271 294 146 147 141 136 361 328 448 394 286 297 294 313 178 185 183 192 141 134 130 128 71 67 63 62 434 463 519 530 _. September October November December _. 1934 _ September October November December _. _ i 1925 January February March ._ April Mav June _. Julv__ August __ [ i _ i " " 1 '; l ,1 i 138 """"I I | See footnotes on opposite page also. Production data, compiled by U. S. Department of the Interior, Geological Survey, represent output transported from field of production, excluding oil consumed at locality of production or not transported therefrom, which has comprised only 1 or 2 per cent of the total production since 1919. Details by States and fields are given in monthly press releases. Monthly data from 1917 to 1920 given in December, 1922, issue (No. 16), page 48, for 1921 and 1922 in August, 1923, issue (No. 24), p. 77. 2 Stocks of crude petroleum included in "Total for comparison" are from the U, S. Department of the Interior, Geological Survey, and include pipe-line stocks and tankfarm stocks, producers' stocks in California, and stocks of Mexican petroleum held by importers. Figures for some of the earlier years have been adjusted to represent a pproximate net stocks for proper comparison with later figures. Beginning with January, 1923, topped oil and imported oil at refineries have not been reported by the Geological Survey, but the imported stocks at refineries reported by the Bureau of Mines have been added to the Geological Survey figures to compensate for the exclusion of the former. This change in the method of computation reduced the January, 1923, total from 264,675,000 to 263,235,000 barrels, an almost negligible difference. Beginning with January, 1923, the Geological Survey total of stocks, consisting of total pipe-line and tank-farm stocks, producers' stocks in California, and imported oil held outside refineries are " ' " ~ Department ~ . of. the . , Interior, - . . Bureau ~ — . . . given in the the separate column headed "Tank farms and pipe lines." lines/' Total stocks at at refineriei refineries are from the U. S. of. Mines, and, include both imported and domestic oil. Producers' stocks east of California are not included in the monthly totals but are given annually, and have ranged" between 3^ and S14 million barrels since since 1919. 1919. The "" number of days' supply represented . . .by stocks on hand is calculated. from . . . , by . , the , . Geological . , . , : , Survey . . to . _January, llion barrels current. consumption prior 1923, 3, on "total stocks for comparison" and thereafter on stocks at tank farms and pipe lines. Monthly data from 1917 to 1919 given in December, 1922, issue (No. 16), p. 48. for 1920 1920 to 1922 in July, 1923, issue (No. 23), p. 50 (days' supply data from 1921 in August, 1923, issue, p. 77). 1 57 Table 26.—CRUDE PETROLEUM [Base year in bold-faced type; relative numbers on opposite page] STOCKS « (end of month) Production^ YEAS AND MONTH Tank Total at farms Total Numfor com- and pipe refinber of parison eries lines days' supply Thousands of barrels Im- ports 3 Thousands of barrels 20, 704 104, 962 22,147 123, 709 145, 914 144, 556 128, 201 103, 886 13, 526 159 126 31, 531 36, 911 39, 137 46, 463 61, 034 110, 026 133, 115 159, 237 245, 673 300, 838 354, 521 294, 659 350, 410 14, 935 16, 954 20, 651 32, 932 32, 023 39, 795 116 92 111 153 147 167 January - 52,527 | 258, 197 260, 717 264, 899 270, 155 146 140 135 135 7, 307 8 6, 199 IVIarch April 268, 471 269, 637 273, 370 278, 144 29,914 48, 588 j 56, 969 59, 008 ]Vfay June July August 62, 377 62, 845 65, 925 66, 422 285, 992 296, 587 305, 182 312, 472 279, 272 290, 252 299, 368 307, 100 31,511 31, 718 33, 581 34, 271 146 151 146 144 5,995 5,996 September . October November December - 65, 306 67, 506 65, 388 59, 546 318, 327, 335, 338, 718 463 741 277 314, 493 323, 789 332, 887 334, 774 32, 753 33, 669 33, 012 33, 259 148 155 160 157 56, 455 55, 454 59, 729 59, 433 337, 419 339, 220 343, 292 347, 255 333, 742 334, 892 338, 531 341, 928 33, 873 37, 324 39, 018 39, 518 162 160 162 162 6,511 8,591 61, 653 59, 292 61, 083 61, 704 352, 144 356, 360 360, 485 366, 714 346, 351, 356, 362, 751 218 240 985 40, 525 40, 500 39, 970 40, 636 59,611 i 367, 457 365, 059 362, 651 356, 190 363, 700 362, 374 359, 658 352, 896 41, 549 40, 319 40, 404 1913 monthly average — 1914 monthly average — 1915 monthly average — 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 23, 425 25, 064 27, 943 29, 661 5,682 CONSUMPTION4 Price, KanOil saswells Okla- comto homa, pleted" Total Bun stills at wells' 1,484 1,437 1,512 1,714 2, 514 3,144 21, SOS 21, 774 22, 772 26, 549 31, 478 34, 423 4,401 34, 873 43, 732 43, 748 49, 370 59, 526 Per Number barrel of wells MEXICAN FIELD 7 Shipments Storage, Tampico field Thousands of barrels 2,159 1,766 $0. 934 .798 .583 1.258 1. 775 2.197 1,592 1,389 763 1,565 1,383 1,487 30, 127 36, 160 36, 947 41, 725 48, 436 53, 842 2.279 3.404 1,747 7,280 2,024 1.704 1. 806 1.439 1.446 1,218 1,445 1,357 1,212 12, 814 15, 093 15, 611 12, 147 11, 309 54, 229 51, 492 59, 696 58, 740 46, 825 42, 672 46, 819 46, 710 1.350 1.725 1.850 1.825 1,208 1, 094 1,248 1,521 11, 960 10, 175 13, 222 12, 682 57, 811 55, 145 62, 057 64, 608 47, 973 47, 969 50, 926 50, 015 1.525 1.450 1.450 1.450 1,871 1,830 1,733 1,465 12, 297 11, 943 12, 119 13, 019 19, 556 20, 743 62, 224 63, 600 60, 860 63, 854 48, 812 50, 904 50, 364 51, 249 1.345 1.238 1.050 1.015 1,278 1,140 1,007 887 11, 282 11, 529 11, 974 13, 563 23, 653 23, 758 23, 095 22, 513 7,297 62, 262 59, 128 63, 197 61, 785 51, 244 49, 907 52, 699 55, 249 1.244 1.513 1.670 1.750 774 904 1,088 1,429 9,911 11, 809 13, 331 13, 514 24, 131 24, 387 24, 346 22, 527 167 171 177 180 7,393 6,660 6,502 5,862 62, 447 59, 943 61, 155 61, 041 54, 725 52, 436 52, 877 54, 658 1.735 1.550 1.550 1.375 1,657 1,521 1,593 1,389 12, 459 11, 254 10, 886 10, 530 21, 585 20, 691 21, 167 20, 970 169 170 164 158 5,354 4,873 6,649 62, 473 64, 713 64, 209 68, 176 53, 716 55, 779 55, 029 1.313 1.250 1.212 1.195 1,126 1,060 1,007 994 9,374 9,989 21, 413 11, 204 11, 443 20, 723 9,054 10, 442 10, 609 6,835 6,486 26, 261 27, 169 2,743 3,318 4,608 5,319 * 21, 763 1933 - --- 28, 113 31, 133 31, 343 8,058 6,617 6,915 7,580 6,021 6,825 6,085 8,417 19,023 1934 January February March Apr'l . May June July August _ September October November December 59, 937 56, 297 56, 617 43,905 6,303 5,841 57,880 21,413 1935 January February March April 1,293 May June July August See footnotes on opposite page also. 3 Imports of crude petroleum are as compiled by the U. S. Department of the Interior, Geological Survey. Beginning with February, 1923, topped oil has been generally excluded from the imports; on this basis imports for January, 1923, were 5,069,000 barrels instead of 6,199,000 barrels, as reported, and to which previous months'figures are comparable. 4 Data on total consumption representing deliveries to domestic consumers, compiled by the U. S. Department of the Interior, Geological Survey, from figures on production, imports, exports, and differences in stocks (except refiners' stocks). The change on the basis for computing stocks and imports at the beginning of 1923 changed consumption for January, 1923, from 53,902,000 barrels on the old basis to 56,210,000 barrels on the new basis. Figures on crude oil run to stills at refineries, representing consumption 8by refiners, compiled by U. S. Department of the Interior, Bureau of Mines. Wholesale price of Kansas-Oklahoma crude oil at wells is average for the month as compiled by the U. S. Department of Labor. Bureau of Labor Statistics. 8 7 Number of oil wells completed during the month compiled by U. S. Department of the Interior, Geological Survey. Mexican petroleum shipments from the three ports, Tampico, Port Lobos, and Tuxparn, indicating Mexican oil production, from the Oil Trade Journal, the preliminary figure for the current month being taken from the Watt Street Journal. Storage of oil in the Tampico field in Mexico from the Wall Street Journal. « Average of seven months, June to December, 1923, inclusive. 58 Table 27.—GASOLINE [Base year hi bold-faced type] Produc- Extion * ports' I>ome§- Stocks, Price, Retail tic con- end of motor, distribu- Producsump- month i New tion, n tion i tion i York 3 States * YEAE AND MONTH Relative Relative to 1922 to 1913 Relative to 1919 Domestic Exports » consumption i 113 153 100 173 76 91 100 124 73 82 100 98 130 143 157 228 321 131 156 195 228 134 167 238 291 155 157 191 226 149 123 107 163 172 172 177 146 139 136 154 177 171 165 152 146 153 164 1ST 149 146 143 136 189 172 191 188 191 218 223 214 160 133 156 170 212 239 267 283 131 137 146 143 192 193 193 197 232 230 263 250 204 221 ?35 242 231 267 247 223 175 128 126 119 189 200 187 200 236 269 175 230 229 217 188 181 206 200 209 228 - 211 205 225 229 280 331 259 373 175 138 163 212 254 293 336 344 June _- .. July _. _ ... August 236 223 225 229 307 359 281 354 235 240 276 286 371 296 310 322 251 26-3 243 231 1921 monthly average __ _ 1922 monthly average 1923 monthly average. 19^4 monthly average 1933 ScDtember October -- - D ecember _ 237, 546 297, 526 339, 811 406, 879 34, 676 48,926 30, 667 52, 979 218, 420 260, 772 8S8, 334 354, 225 343, 946 388, 202 473,411 464, 485 $0.238 .242 .245 .293 100 123 i i 429, 462 516, 853 629, 662 746, 140 43, 817 48, 295 69, 801 98, 251 376, 336 447, 674 557, 086 647, 136 630, 757 785, 189 1, 126, 643 1, 376, 878 .261 .251 .207 .180 126 , 113 11-1 93 536, 492 560, 279 587, 101 080, 050 44, 846 42, 757 41, 572 47, 223 507, 924 490, 393 471,616 434, 400 690, 051 723, 584 776, 724 883, 793 .250 .245 .240 .228 188, 382 169, 075 171, 221 138, 570 623, 723 568, 052 630, 701 619, 043 58, 505 66, 968 68, 506 65, 655 458, 967 380, 093 44f>, 460 4S5, 717 1, 002, 857 1, 130, 341 1, 259, 200 1, 330, 418 ,220 .231 . 245 .240 139, 625 132, 115 136, 324 144, 645 123 140 140 149 0?, i, 705 036, 734 630, 912 648, 955 71, 153 70, 398 80, 693 76, 658 582, 536 633, 505 674, 019 692, 154 1, 328, 533 1, 263^ 583 1, 165, 389 1, 053, 856 .220 .215 .213 .200 183, 853 I 209, 195 208, 748 222, 992 114 110 101 92 144 141 138 131 623, 733 Got), 031 617,558 659,109 72, 352 82, 504 53, 656 70, 565 655, 798 621, 173 538, 309 518, 305 972, 705 946, 873 985, 046 1, 074, 900 .191 .185 .170 .155 215, 873 211,088 203, 609 196, 265 ea 119 118 119 109 99 108 123 695, 323 677, 740 743, 248 754, 773 85,946 101, 597 79, 439 114, 396 500, 421 396, 288 467, 181 607,175 1, 200, 288 1, 383, 384 1, 587, 585 1, 625, 869 .165 .200 .198 .200 162, 900 148, 674 160, 816 184, 107 349 338 311 278 119 119 116 112 147 154 169 177 779, 184 737, 081 741, 975 755, 780 94, 073 110, 164 86, 246 108, 685 672, 495 686, 074 789, 667 819, 468 1, 649, 954 1, 598, 858 1, 470, 923 1, 311, 021 .200 .200 .195 . 188 220, 268 230, 800 252, 258 265,175 260 244 240 2.50 104 83 88 89 750, 264 760 647 762, 046 795,613 113,901 90, 907 94, 951 98, 701 718, 009 751, 499 695, 359 661, 339 1, 229, 606 1, 152, 374 1, 133, 169 1, 179, 503 .175 .140 .148 .150 141 144 1 145 174 1923 January Vr'b'uarv "\?'irch A-->"'1 - - May June 3uiv A usiist - _-_- ____.____---..... September October November ]l.">c'0(i]b^r __ . - . _ - i»24 January Februarv Ma r ch Anril - - -. May . September _ October November December 227 231 231 241 B-etai? distribution, 31 States* NUMERICAL DATA 72 90 100 123 average average average average Price, motor, New York 3 Dollars Thousands per gallon of gallons Thousands of gallons RELATIVE NUMBERS 1917 monthly 19^8 monthly 1919 monthly 19'?G monthly Stocks, end of: month l « 88 91 97 i j I | ! US, 5S3 183, 694 1 1935 January February March April May June July August 1 2 _ . . Production, consumption, and stocks held by refiners at end of month, from the U. 8. Department of the Interior, Bureau of Mines. Exports of gasoline taken from the U. 8, Department of Commerce, Bureau of Foreign and Domestic Commerce, include gasoline and all other naphtha, less exports to the Philippine Islands, to agree with data used by the Bureau of Mines. s The index of gasoline prices is relative to the 1913 monthly average, $0.168 per gallon, and represents the price of motor gasoline delivered in drums to garages in New York4 City, compiled by the U. S. Department of Labor, Bureau o/ Labor Statistics. Retail distribution of gasoline compiled by the American Petroleum Institute from reports of gasoline-tax collection by the following States: Alabama, Arkansas, Arizona, Colorado, Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Minnesota, Missouri", Nebraska, New Mexico, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, South Bakota, and Washington. Details by States for 1922 and 1923, with partial reports for 1921, may be found on pages 62 and 53 of the June, 1924, issue of the SURVEY (No. 34). 59 Table 28.—OTHER PETROLEUM PRODUCTS GAS AND FUEL OIL KEROSENE OIL YEAR AND MONTH Production Consumption Stocks at Price, Retail refineries, 150° distritm- Producend of water tJonl3 ; tion month white States Thousands of gallons 2 Dolls, per gal. Stocks at Consump- refineries, tion 1 end of month i 524, 036 610, 116 635, 607 738, 454 499, 630 673, 308 650, 903 2621,860 548, 985 778, 396 687, 858 805, 318 892, 186 1, 006, 183 1,121,664 684, 796 840, 034 914, 857 1, 022, 31/5 32, 518 29, 159 31,090 38, 826 936, 742 903, 057 959, 029 944, 289 .202 .215 .220 .220 37, 015 33, 942 28, 186 27, 185 275, 437 272, 763 283, 340 273, 005 .220 .220 .220 .218 134, 563 122, 709 123, 257 131, 888 272, 672 264, 301 269, 460 243, 618 193, 688 191, 346 220, 811 234, 921 117, 520 124, 568 132, 384 119, 667 1934 January February... March April 217, 768 196, 826 200, 039 203, 186 May__ June July. August September . October November.. December.. 133,501 152, 113 19.5, 156 193, 341 120, 546 116, 158 115, 789 521, 273 405, 203 300, 582 379, 472 $0. 124 .170 .200 .263 1921 mo. av. 1922 mo. av. 1923 mo. av. 1924 mo. av. 162, 094 192, 194 195, 745 210, 092 103, 378 121, 991 124, 378 129, 424 402, 522 301, 542 261, 657 309, 228 .243 .208 .214 .216 29,107 1 30, 268 May June July August 173, 824 173, 650 192, 924 184, 383 119, 646 103, 440 135, 096 136,133 318, 890 317, 574 324, 586 285, 520 .199 .200 .200 .200 September . October November.. December _. 197, 935 215, 203 234, 436 226, 239 137, 963 145, 252 155, 709 124, 697 270, 577 256, 259 257, 879 281, 050 1933 January February... March April. .. _ 212, 448 180, 375 190, 701 181, 948 123, 233 121, 038 113, 019 128, 789 May__ . June. July August 189, 177 179, 074 188, 226 186, 219 September . October November __ December.. Price Price, Pa., 36-40 at refineries Consumption Production Stocks at Pa., 600° refineries, filtered end of at month "D" refineries Dolls, per gal. Thousands of gallons 1917 mo. av. 19 18 mo. av. 1919 mo, av. 1920 mo. av. LUBRICATING OIL Thousands of gallons Dolls, per gal. s $0.052 .123 60 137 70, 122 70, 583 87, 226 48, 379 47, 598 51, 542 2 122, 526 144, 521 161, 491 137, 212 3 $0.363 .617 1, 164, 926 1,438,811 1, 369, 624 1, 582, 368 .050 .052 .058 .056 73, 155 81, 563 91, 447 96, 244 44, 189 52, 342 61, 662 63, 039 231, 172 230, 678 229, 494 247, 505 .285 .241 .232 .295 830, 165 840, 558 870, 475 860, 364 1,321,438 1, 326, 940 1,358,870 1, 366, 612 .044 .049 .049 .058 79, 848 80, 138 91, 715 88, 824 66,090 53, 388 63, 466 67, 602 226, 293 226, 904 226, 691 220, 668 . 255 .260 .263 .253 917, 858 921, 606 891, 590 972, 111 847, 489 876, 475 882, 458 989, 287 1,364,957 1, 368, 749 I, 352, 348 1, 304, 728 .060 .062 .058 .055 82,057 87, 341 89, 271 89, 785 69, 861 67, 740 64, 508 56, 497 214, 728 217, 775 226, 430 235, 735 .240 .238 .233 .225 26, 672 24,000 27, 024 27, 718 989, 376 902, 563 970, 891 976, 766 1, 028, 718 830, 586 929, 513 903, 763 1, 265, 075 1, 276, 876 1, 254, 122 1, 272, 978 .061 .064 .065 .064 87, 078 77, 498 90, 745 90, 693 49, 711 57, 268 62, 513 62, 154 240, 690 238, 859 235, 263 234, 700 .229 .246 .279 .275 .210 .210 .205 .205 34, 156 31,189 30, 351 35, 444 966, 166 970, 870 1, 053, 243 1, 010, 658 918, 766 822, 402 901, 770 832, 905 I, 246, 662 1, 324, 025 1,400,814 1,462,182 .060 .052 .050 .049 105, 363 95, 726 93, 961 87, 262 74, 255 58, 575 71, 030 69, 270 226, 289 225, 137 224, 952 220, 419 .265 .234 .225 .213 238, 024 224, 954 239,114 283, 196 .205 .210 .220 .220 33, 191 32, 091 32, 260 29,114 1, 032, 591 1, 069, 800 1, 057, 932 1,073,337 923, 574 1, 015, 315 918, 644 952, 330 1, 481, 204 1, 436, 591 1, 499, 926 1, 515, 035 .051 .059 ,059 .056 87, 172 88, 003 96, 120 97, 748 62, 130 58, 943 60, 974 63, 115 215,013 218, 485 231, 335 242, 785 .196 .200 .210 .215 135, 966 116,979 123, 740 155, 424 300, 265 306, 727 330, 010 288, 965 .220 .220 .220 .215 28, 983 27, 637 27, 756 31, 126 1,062,892 1, 025, 422 1, 114, 413 1, 116, 764 1, 032, 946 952, 628 1,031,767 989, 372 1, 471, 544 1, 491, 173 1, 487, 464 1, 536, 337 .057 .060 .060 .058 94, 535 93, 824 101, 127 96, 967 68, 923 49, 709 64, 548 61, 465 243, 224 253, 845 249, 789 251, 047 .263 .293 .304 .304 199, 992 183, 141 194, 201 204, 107 105, 578 111, 401 105, 548 133, 473 304, 006 293, 323 301, 157 304, 136 .215 .215 .215 . 215 35, 466 29, 341 27, 989 33, 409 1, 155, 936 1,106,712 1, 102, 786 1, 167, 211 1, 066, 388 946, 508 1, 014, 290 1,010,514 1, 555, 663 1, 618, 564 1, 605, 951 1, 658, 671 .058 .056 .050 .052 104, 439 96, 995 87,490 92, 781 65,194 58, 668 65, 348 66, 368 243, 732 248, 586 245, 626 242, 753 .320 .305 211,830 232, 666 233, 521 243, 832 136, 544 134, 909 137, 255 156, 286 297, 749 308, 125 337, 448 338, 826 .215 .215 .215 .215 35, 330 33, 425 1,113,911 | 1,160,683 1,134,147 1,190,093 1,011,433 1, 095, 120 1, 012, 943 1, 103, 875 1, 639, 869 1, 611, 586 1, 641, 090 1, 670, 509 .051 .055 .054 .064 90,228 97, 223 94, 948 104, 291 64, 244 61, 801 69, 932 60, 264 243, 883 247, 998 242, 246 257, 336 .288 .288 .286 .310 1922 .298 .284. 1925 |! March April July i ! i i 1 Data from U. S. Department of the Interior, Bureau of Mines, except prices from U. S, Department of Labor, Bureau of Labor Statistics, and retail distribution of keroeene, collected from the tax statistics of Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Michigan, Minnesota, Nebraska, North Dakota, Oklahoma, South Carolina, and 2South Dakota by the American Petroleum Institute. Six-months' average, July-December,, inclusive. 2 Average for last 8 months of year. 60 Table 29.—AUTOMOBILES [Base year in bold-faced type] INTERNALREVENUE TAXES ON »— INTERNALREVENUE TAXES ON i— EXPORTS FROM CANADA* Sales of autoPassen- Auto- mobile ger auto- mobile accessomobiles trucks ries and parts2 YHIB AND MONTH and and motor wagons cycles Sales of autoPassen- Auto- mobile auto- mobile accessoAccesso- ger and trucks ries and mobiles Total Passenand parts a ger cars Trucks ries and parts motorcycles wagons s Thousands of dollars Relative to 1919 Relative to 1920 135, 547 91, 309 67, 131 57, 263 671 1,266 1,320 2,175 457 397 487 731 35,023 47, 707 53, 484 44,624 6, 834 7, 8-18 3, 632 8,699 981 1, 254 613 1,324 65 99 91 76 7, 190 11, 587 5,559 6,112 132 157 318 216 77 67 125 103 210 284 266 260 283 401 420 530 332 327 292 372 312 308 239 343 70 52 67 57 307 210 448 .142 87 73 71 56 74 64 72 59 43 103 41 29 46 48 34 44 37 154 168 195 36, 739 67, 795 145, 940 193, 923 1,442 2,983 3, 155 2,415 1,344 2,719 2,983 2,319 98 264 172 96 188,923 105, 913 61, 562 100,884 53, 678 60, 321 62, 460 71,097 2,813 2,437 3, 023 2,849 2,562 2,267 2,812 2,716 251 170 211 133 117,870 100, 877 153, 113 134, 105 770 891 915 765 76, 252 69, 584 71, 520 61, 321 3, 217 3, 918 4,015 5,691 2, 943 3,667 3,587 5,475 274 251 428 216 188, 399 288, 427 264, 622 221,403 7,732 5,887 8,070 5,621 799 710 725 713 64, 864 69,525 67, 564 67, 883 5,035 6,106 7,309 5,038 4,666 5,668 6, 426 4,436 369 438 883 602 225, 220 196, 168 368, 978 298, 553 127 145 88 98 12, 079 11, 569 13, 501 5,135 1,216 1, 239 1,360 701 70, 072 65, 270 65, 297 63,199 4,217 5,759 5,513 5,725 3,427 4,639 4,341 4, 245 790 1, 120 1,172 1,480 368, 335 421, 552 256, 557 286,456 451 441 566 544 82 78 126 96 9,209 8, 359 9, 543 9, 576 852 1,003 789 805 55, 720 72,271 57, 293 53, 079 6,352 6, 257 5,587 7,122 5,095 5,028 3,907 5, 603 1,257 1, 229 1,580 1,519 239, 846 227, 397 368, 269 280, 046 251 198 397 142 636 281 749 150 119 129 240 141 11, 457 6, 839 9,778 9,510 1,258 887 736 1,105 57, 537 42, 599 46,631 46, 657 5,869 4,013 8,566 2,721 4,094 3,230 6,477 2, 315 1, 775 783 2,089 406 345, 803 374, 877 697, 096 411, 224 280 282 226 165 263 215 215 158 380 403 287 205 114 214 203 83 11, 539 8,426 7, 606 6,156 1,098 917 902 702 60,324 52,066 59, 314 48, 380 5,363 4,636 4,319 3,147 4, 302 3, 512 3, 519 2,575 1,061 1, 124 800 572 332, 386 621, 728 591,234 240, 355 153 236 304 250 133 213 267 236 269 370 521 331 64 138 91 180 9,278 7, 469 4,482 8,586 545 1, 301 522 361 37,780 39, 339 27, 936 36, 294 2,930 4, 514 5, 805 4,772 2,179 3, 481 4,352 3.847 751 1, 033 1, 453 924 136,367 401, 855 264,711 624. 413 « 81 100 148 42 77 372 381 «31 10O 123 32 55 101 143 < $5, 824 6, 987 4. 270 5, 821 8, 857 8, 427 1931 September October November.. December 35 63 78 57 53 41 62 38 166 112 82 70 35 66 69 114 39 68 71 121 13 55 60 70 13 23 50 67 2,465 4,414 5,427 3,999 670 514 655 474 1933 January FebruaryMarch April. 37 37 55 63 36 31 39 58 43 58 65 55 75 156 165 126 82 167 183 142 35 95 62 34 65 36 21 35 2,567 2,606 3,845 4,377 May June July August 98 113 52 125 78 99 49 105 66 74 76 87 147 127 158 149 157 139 172 166 90 61 76 48 41 35 53 46 (September.. . October November December 103 166 80 73 61 71 72 61 93 85 87 75 168 205 210 298 180 225 220 335 98 90 153 77 1933 January _ February March April 111 84 116 81 63 56 57 56 79 85 83 83 263 319 382 263 286 347 394 272 173 166 194 74 96 98 108 56 86 80 80 77 221 301 288 299 September October _ November December 132 120 137 137 67 79 62 64 68 88 70 65 1934 January February March ... April - 164 98 140 137 100 70 58 87 166 121 109 88 133 107 64 123 __ . September— .. October November. December 1 634 1,112 1,152 1,980 »48 100 92 47 181 293 224 , Dollnrs 8 $90, 262 880, 881 356, 336 94, 015 160, 508 294, 198 416, 004 «53 1OO 100 47 165 305 247 May June July August Accessories and parts 226 179 412 118 214 1, 037 1.064 «105 10O 82 72 79 57 . _ __ Number of machines 6780 1,633 1,506 775 2,950 4,790 3.657 *90 100 54 63 72 68 May Juno July August- Passen- Trucks ger cars •1,006 1,913 1,918 893 3, 164 5,827 4.721 <84 1OO 61 90 127 121 __ . Total NUMERICAL DATA RELATIVE NUMBERS 1^18 monthly av 1919 monthly av__ 3 920 monthly av__ 1921 monthly av.. 11922 monthly av__ 1923 monthly av_. 1924 monthly av__ EXPORTS FROM CANADA' ; * $1, 138 * $86, 090 1,263 81, 834 67, 474 687 58, 923 799 909 64,. 336 46,. 238 861 1935 January February March. April May June July August 1 Data compiled by the 17. /S. Treasury Department, Bureau of Internal Revenue, represents internal-revenue taxes collected under the revenue acts of 1918,1921, and 1924. For taxes on automobiles and motorcycles ("including tires, inner tubes, parts, and accessories therefor, sold in connection therewith") the rate is 5 per cent, and payable by the manufacturer. For taxes on automobile trucks and automobile wagons ("including tires, etc., sold on or in connection therewith") the rate is 3 per cent, and payable by the manufacturer. The act of 1924, effective as of July 3,1924, exempts from tax truck chassis valued not in excess of $1,000 and truck bodies not in excess of. $200; data on this item since August, 1924, therefore, not being directly comparable with those of previous periods. Monthly data from 1920 appeared in January, 1923, issue (No. 17), p. 61. 2 Computed from tax collections by the U. 8. Treasury Department, Bureau of Internal Revenue) which were at the rate cf 5 per cent on "automobile accessories and parts sold to any person other than a manufacturer of automobiles" under the act of 1921 and at the rate of 2^ per cent under the act of 1924 for,goods of the same description. It should be noted that the data in this column have been computed to actual sales values and thus do not represent merely the taxes on those values; also that the sales actually took place in the previous month. 3 Canadian export data furnished by the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce. *6 Six months' average, July to December, inclusive. Nine months' average, April to December, inclusive. 61 Table S0.—AUTOMOBILES PRODUCTION.? Total United States Canada Complete or chassis By rail- Driven road away CanTotal United States ada Carloads 38 458 45, 307 68, 218 124, 468 c 1^14 morthly average 1915 morthly average 1916 mo T ithlv average 1917 monthly average 1918 inonthly pvera^e 1919 monthly aversige 19''0 inoutMv avero^e ]9^"1 monthly average 1922 monthly average 1923 monthly average-1Q2'*' pjonthly average 145, 066 77, 199 1, 958 2, 115 6, 167 7, 500 10, 080 18, 938 16. 048 22, 598 22, 462 1? 456 138, 138 156, 930 127, 933 194, 987 303, 101 271, 807 26, 364 26, 837 12. 272 20, 557 31, 370 31, 283 23, 726 20, 922 16, 290 27, 631 39, 296 37. 226 9,765 262, 042 EXPORTS 3 Trucks •Passenger cars YEAR AND MONTH SHIPMENTS 2 29, 858 1,428 By boat New car registrations Pacific4 coast) Thous. Numof ber of dollars cars Number of cars and Total Passenger ears Trucks parts Number of cars Number of cars 2 941 2, 147 5, 330 6, 737 6, -687 3, 937 2,157 1,861 3, 4-89 5, 160 5,480 3, 078 84 286 1,841 1,577 1,207 859 2,001 2, 635 2, 801 6, 894 4,698 14, 304 1, 859 3,202 4, 852 i 6,546 6,807 12,658 4,639 I 14,843 5 595 11, 878 2,579 5, 591 10, 586 12, 672 1 299 2,428 623 955 2, 072 2, 255 3 5'-> 7 7, 183 3, 255 3,191 4,915 6,136 _________ 39, 239 12, 037 25, 333 46, 657 81, 223 FOREIGN ASAcces- SEMsories BLIES $523 472 8,851 18, 955 31, 869 I 1923 187. 711 O'tob^r November 217, 582 i 215 362 ppfprnhpr 208 fV'fi 19, 853 19,497 21, 830 21, 972 20. 406 26, 335 27, 100 27, 232 27, 244 30/177 35, 203 27, 376 2i), 743 8,118 7, 605 5, 070 1,307 7, 157 7, 237 6, 079 8, 511 5, 862 6, 446 5,276 6,740 1, 295 791 803 1,771 3, 227 3, 166 3, 304 3,417 19, 739 22, 178 35, 298 38, 102 35, 423 30, 137 44, 995 4n, ] 02 39, 072 43, 620 63, 017 60, 483 728 882 1,888 5, 028 7, 392 10, 549 13, 375 15, 582 6,040 8,851 11, 811 13, 352 1, 352 I, 698 1, 564 2, 230 4,421 4,581 4,695 5,720 «9,.037 5 9, 037 s 9, 037 9, 514 40, 538 33, 641 34, 919 43,757 41, 176 30, 708 30, 884 45,402 40, 291 32, 837 38, 371 62, 357 59, 110 46, 946 45, 936 12, 818 13, 494 10, 135 10, 055 15, 105 14, 518 14, 022 10, 057 12, 500 12, 387 11,817 8,411 2, 605 2, 131 3, 105 1, 046 5, 559 4, 599 5,023 4,428 11, 386 10, 343 9, 056 8,803 35, 093 33, 812 35, 435 30, 781 SO, 153 28, 085 27, 772 36, 030 42, 309 37, 537 36, 113 39, 689 37, 970 31, 305 30, 330 8, 466 7,673 6, 538 3,984 11, 691 12, 775 13, 795 12, 135 10, 466 10, 456 10, 875 10, 069 1, 225 2, 319 2, 920 2, 066 5, 302 4, 917 4, 400 5,329 8, 074 8, SCO 7,002 6, 031 28, 469 30, 935 27, 319 21, 612 20, 803 13, 549 1933 April 223, 822 254, 782 319 789 344, 661 July August 350 460 33" 442 297,413 314, 431 February -. October November December _ i | 298 964 335,041 284, 939 — 275, 472 1 -- 1934 January February- _ _ March April 293, 798 343, 431 356, 976 346, 320 283, 980 331, 371 341, 812 331, 907 9,818 12, 060 15, 164 14, 413 30, 627 32, 756 36, 270 37, 766 28, 902 31, 101 34, 263 35, 866 1, 725 1,655 2,007 1,900 46, 474 52, 224 54, 545 48, 057 41, 489 42, 594 41, 555 37, 801 1, 024 427 495 4,160 15, 459 15, 033 16, 364 18, 570 12, 614 13, 329 14, 035 15, 806 2, 845 1, 704 2,329 2,764 6,140 7,013 8,056 8,673 9,869 12, 307 9, 891 12,623 21,710 23, 0*9 31, 568 26, 270 June July August 286, 146 224, 905 244, 387 255, 073 270, 974 214, 277 235, 884 249, 755 15, 172 10,688 8,, 503 5,318 35, 112 28, 884 26, 227 28, 503 33, 401 27, 972 25, 157 27, 645 1,711 912 1,070 858 35, 510 26, 046 27, 166 SO, 124 32, 756 25, 205 26, 190 28, 240 8, 338 7, 321 7,297 7, 538 17, 102 12, 341 11,703 13, 914 14, 363 10, 142 9, 046 12^220 2,739 2, 199 1, 757 1,694 5, 563 6, 560 5, 581 4, 596 14, 181 12, 976 12, 896 10, 460 28, 490 26, 065 26, 524 23, 082 September October November December 263, 411 260, 839 20*, 313 182, 023 256, 880 254, 487 198, 353 174, 823 6, 631 6, 352 5,960 7, 200 31, 829 32, 332 27, 786 27, 324 30, 508 31, 093 23, 706 25, 654 1, 323 1 32, 754 1,239 i 34, 597 27, 365 1, 060 31,852 1, 670 28, 124 29, 974 19, 839 20, 814 7, 150 6,258 4, 755 900 13,961 17, 097 13, 517 13, 060 11, 655 14, 373 11, 619 10, 932 2, 308 2, 724 1, 898 2, 098 4,829 5, 534 15, 686 4, 799 12, 019 12, 5S4 32, 100 19, 900 362 _ __ _ 1935 Jsruary i 1 Mip-ch April May June July.. August..- i I i __ - .______ I I 1 Monthly automobile production data beginning July, 1921, represent practically complete production, including total membership of the National Automobile Chamber of Coiitmerce and reports to the Bureau of the Census from outside manufacturers. Annual figures through 1921 represent complete production as compiled by the National Ante >nobile Clicnfrer of Commerce. Monthly figures from January, 1920, through June, 1921, have been estimated by the Cleveland Trust Co. on the basis of shipments and arc given in detail in the July, 1923, issue (No. 23) of the SURVEY OF CURRENT BUSINESS. Total figures prior through 1923 are not strictly comparable with the data for 1924 2since a few manufacturers were unable to furnish data for prior years covering their Canadian operations. Automobile shipments, reported by the National Automobile Chamber of Commerce, represent factory shipments for practically the entire industry. 3 Automobile exports compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Registrations of newjautomobiles in the States of Arizona, California, Idaho, Oregon,'and Washington compiled by the Federal Reserve Baiik of San Francisco. Data by St ire? appeared on page 56 of the March, 1924, issue of the SURVEY (No. 31). jc Irit^rpo'atcd from data giving total for the first quarter of the year. C.-rs isseinrled in foreign countries except Canada by the principal American automobile manufacturers compiled by U. S. Department of Commerce, Bureau of Forclfin and ')ofr>estic Commerce. These cars are not included in the production figures for the United States and Canada, nor in the exports of complete cars or chassis but they are represented in the value of parts exported. 1 62 Table 31.—RUBBER AUTOMOBILE TIEE3 » Production Shipments, domes- Stocks (end of month) Stocks (end of month) Production tic Shipments, domes- tic Production Shipments, domes- Stocks (end of month) Fabrics tic Number 1913 mo. av. 1914 mo. av. 3 668, 448 1915 mo. av. 1916 mo. av. 1917 mo. av. Crude rubber Imports (including latex) Pounds » 658, 946 Wholesale price, Para Island, New York YEAH AND MONTH Raw material consumed Solid tires Inner tubes Pneumatic tires CRUDE RUBBER * Stocks in United Kingdom (end of month) Per pound Long tons 9, 656, 720 11, 922, 097 18, 456, 827 22, 507, 517 33, 803, 190 $0, 807 .616 .557 .669 ..648 .549 .483 .333 .182 .183 .249 .211 1918 mo. av. 1919 mo. av. 32,736,292 1920 mo. av. 1921 mo. av. 1, 818, 315 1922 mo. av. 2, 558, 178 1923 mo. av. 2, 828, 661 1924 mo. av. 3, 227, 099 4, 213, 384 4, 866, 757 5, 629, 702 5, 395, 272 1,905,616 2, 435, 158 2, 748, 508 3, 047, 407 2,258,517 3, 178, 098 3, 757, 237 4, 419, 090 4, 568, 067 6, 038, 662 7, 306, 411 7, 459, 423 2, 292, 287 3, 054, 703 3, 629, 580 4, 172, 799 35, 354 65, 550 56, 997 46, 472 230, 862 193, 388 245, 719 161, 349 43, 960 57, 404 56, 463 43, 718 6, 696, 317 9, 257, 355 9, 861, 486 11, 887, 946 17, 922, 039 27, 301, 029 30, 604, 389 37, 820, 462 27, 163, 276 44, 661, 702 47, 212, 178 34, 606, 109 56, 201, 018 57, 694, 886 61, 487, 027 1933 January February- .. March April 3, 127, 270 3, 217, 987 3, 865, 726 3, 539, 326 4, 695, 916 5, 224, 387 5, 670, 601 6, 088, 272 2, 994, 297 2, 588, 639 3, 322, 926 2, 976, 160 3, 951, 885 4, 039, 202 4, 875, 414 4, 259, 558 5, 838, 310 6, 771, 958 7, 740, 945 8, 394, 184 3, 748, 651 3, 001, 697 3, 828, 315 3, 535, 635 83, 343 75, 457 79, 788 71, 468 262, 462 270, 191 265, 843 260, 631 60, 611 63, 394 77, 144 72, 609 10, 997, 350 11,833,502 13, 596, 336 12, 509, 303 34, 186, 395 34, 235, 455 41, 593, 860 38, 347, 754 79, 763, 620 60, 379, 290 69, 280, 706 69, 446, 775 .272 .307 .290 .274 82, 144 78, 385 70, 649 65, 451 May June July August 3, 659, 986 2, 956, 943 1, 992, 989 2, 355, 915 6, 906, 594 7, 040, 600 6, 471, 124 6, 058, 387 2, 757, 764 2, 492, 185 2, 539, 425 2, 807, 432 4, 317, 537 3, 590, Oil 2, 625, 118 3, 577, 922 9, 292, 223 8, 924, 326 7, 396, 444 6, 950, 578 3, 414, 115 3, 581, 000 3, 942, 247 4, 304, 034 77, 288 72, 445 42, 345 48, 141 268, 283, 263, 262, 323 425 891 810 67, 147 52, 126 45, 219 45, 925 12, 887, 909 10, 085, 479 6, 835, 725 8, 177, 906 47, 671, 276 32, 002, 518 21, 366, 823 24, 507, 092 80, 107, 447 79, 188, 711 44, 634, 798 42, 741, 430 .249 .250 .239 .238 60, 918 57, 108 55, 937 54, 243 SeptemberOctober November.. December.. 2, 029, 581 2, 361, 340 2, 399, 725 2, 437, 148 5, 397, 557 4, 876, 352 4, 689, 329 4, 329, 300 2, 623, 775 2, 819, 583 2, 456, 298 2, 603, 617 3, 254, 575 3, 855, 244 3, 451, 716 3, 288, 665 6, 457, 455 6, 898, 425 6, 693, G39 6, 318, 446 3, 683, 574 3, 595, 737 3, 422, 426 3, 497, 472 37, 074 37, 285 27, 349 31, 979 249, 379 234, 945 177, 969 148, 761 45, 971 48, 065 43, 488 55, 851 6, 656, 493 8, 431, 188 7, 939, 161 8, 387, 476 21, 256, 043 24, 113, 698 23, 109, 300 24, 772, 456 25, 902, 645 39, 473, 412 34, 822, 867 66, 596, 926 .246 .215 .204 .203 60, 697 65, 168 66, 566 66, 828 1934 January February. .. March April 3, 220, 292 3, 278, 674 3, 427, 692 3, 307, 478 4, 808, 084 5, 265, 133 5, 763, 084 6, 164, 226 2, 785, 335 2, 801, 000 2, 902, 274 2, 920, 183 3, 887, 959 4, 067, 631 4, 218, 950 4, 035, 242 6, 720, 247 7, 339, 307 8, 157, 704 8, 627, 343 3, 475, 713 3, 329, 504 3, 420, 723 3, 520, 774 47, 641 54, 764 61, 274 59, 423 152, 160, 173, 184, 219 796 525 642 37, 415 42, 930 50, 022 45, 695 11, 705, 569 11, 446, 609 12, 007, 894 12, 286, 741 37, 786, 086 33, 465, 966 36, 908, 762 37, 237, 841 49, 080, 330 70, 588, 695 46, 434, 476 85, 042, 981 .199 .191 .171 .168 63, 812 62, 822 61, 554 60, 640 May June July August 3, 038, 586 2, 629, 742 2, 552, 329 3, 234, 741 6, 331, 193 6, 155, 537 5, 138, 474 4, 477, 016 2, 679, 254 2, 663, 212 3, 483, 693 3, 688, 041 3, 744, 108 3, 493, 431 3, 857, 289 5, 015, 687 8, 761, 812 8, 166, 158 6, 634, 022 5, 758, 310 3, 558, 768 3, 858, 193 5, 318, 379 5, 551, 651 50, 145 37, 865 30, 570 37, 624 188, 176, 165, 146, 345 280 389 300 47, 176 46, 372 39, 504 45, 343 11, 903, 365 10, 066, 963 9, 788, 980 12, 471, 079 35, 473, 769 31, 229, 133 32, 624, 791 40, 384, 738 62, 167, 356 50, 132, 123 43, 622, 655 48, 769, 911 .173 .164 .170 .211 56, 811 56, 134 56, 816 54, 298 SeptemberOctober November., December.. 3, 530, 878 3, 877, 076 3, 189, 832 3, 437, 873 4, 524, 405 5, 338, 380 5, 207, 340 5, 570, 389 3,318,844 3, 045, 503 3, 273, 248 3, 008, 291 5, 506, 442 5, 895, 797 4, 602, 141 4, 704, 403 6, 038, 868 7, 352, 200 7, 667, 988 8, 289, 112 5,118,519 4, 176, 645 4, 678, 500 4, 066, 222 41,711 48, 109 42, 043 46, 491 141,735 144, 654 148, 692 153,610 46, 020 44, 509 40, 768 38, 856 13, 170, 699 13, 204, 815 12, 190, 814 12, 171, 828 43, 920, 689 46, 045, 252 39, 812, 268 38, 956, 246 60, 033, 918 87, 352, 174 75, 467, 655 59, 152, 044 .227 .262 .286 .315 48, 058 40, 936 3 2,771,284 3121,234 1935 January February...!March ! April May June July August 76, 529 78, 296 65, 345 1318 ! i i * Data furnished by the Rubber Association of America and represents about 75 per cent of the industry. The number of firms has increased from 38 in November, 1920, to a maximum of 68 in 1922. It is stated by the Rubber Association that this variation in the number of firms does not change the totals to any great degree, except for the omission of the Firestone Tire Company beginning in September, 1921. Association reports show details by sizes and classes. 2 India-rubber imports, including latex, from U. 8. -Department of Commerce, Bureau of Foreign and Domestic Commerce; wholesale prices, average weekly, from U. S. Department of Labor, Bureau of Labor Statistics; stocks in United Kingdom, aggregating stocks at wharves and wharehouses in London and in six recognized public warehouses at Liverpool from the Rubber Growers' Association (British), the 1920 and 1921 monthly data appearing in the September, 1923, issue (No. 25), pp. 55 and 53. 3 Computed fron census data for the year indicated. The figures are not directly comparable but are given here to show the production of automobile tires as ascertained from the census of manufactures for the years 1914 and 1919. 63 Table 32.—RUBBER PRODUCTS YEAR AND MONTH RUBBER HEELS RUBBERPROOFED FABRICS Shipments Production Production Consumption Stocks, end of quarter Stocks, To end of To shoe manu- repair month fac- trade turers Thousands of pairs Auto ClothTotal fabrics ing fabrics Total For tires SCRAP RUBBER (quarterly) 2 RECLAIMED RUBBER 2 (quarterly) CRUDE RUBBER (quarterly data) « Production Manu- DealAfloat facturers ers Total Consumption by reclaimers Stocks, Stocks end of at requarter claimers' Tons Thousands of yards 1 1921 mo. 1922 mo. 1923 mo. 1924 mo. av..__ av av av_ 15, 243 9,889 4, 172 33, 962 1,528 2,026 2^649 456 799 1,316 756 696 640 38, 572 63, 546 68,739 31, 280 51,801 55, 238 7,772 27,217 .29, 671 9,705 29, 818 39, 523 11, 296 22,294 33, 589 83, 994 85, 935 85, 450 17, 078 26, 894 17, 384 19, 018 23, 018 8,217 34, 422 22, 002 26, 415 37, 496 • 1923 January February March April _ 15, 783 16, 678 21, 609 17, 541 10, 678 11,566 12, 465 9,772 3,165 2,507 6, 366 4,558 22, 900 23, 932 28, 351 32, 830 2,196 2, 683 3,265 3,336 1,044 1,258 1, 635 1,680 623 694 777 854 June _ July August 16, 758 14, 566 11,318 12, 824 8, 660 8,598 8,153 9,947 3,446 3,493 3, 609 4,101 36, 438 42, 910 41,508 39, 653 2, 948 2,388 2,266 2,164 1,742 1,276 1 273 1,017 553 433 433 495 September October November December 12, 373 13, 980 15, 134 14, 353 9, 513 10, 666 9, 724 8,921 5,031 5,673 4,495 3,625 37, 472 33, 261 32, 767 35, 517 2,418 3,043 2,410 2, 664 1,076 1,264 999 1,534 693 907 771 551 Januarv February MarchApril 14,226 16, 036 17, 158 15, 838 11,807 10, 668 12, 351 9,109 4,156 3, 591 3, 653 3, 899 31, 048 35, 113 36, 471 37, 884 2,756 2,652 2,814 2,087 1,476 1,485 1,529 995 522 455 468 370 May June July. August 13, 030 12, 243 10, 451 11, 476 8, 364 7,018 9,262 10, 431 4,551 5,179 4, 677 5,098 38, 024 36, 632 32, 144 28, 245 1,428 1, 400 1,325 1,668 597 562 509 656 303 337 339 543 16, 666 22, 202 18, 121 11, 594 14, 060 9,813 5,783 6, 737 4, 885 27, 722 28, 948 31, 486 2,297 884 784 May. 87,098 72, 303 15, 880 82, 335 29,213 45,093 19, 168 22, 183 | 1 . 80 544 12, 884 65,253 ! 100,885 15, 106 27, 990 " |- 15, 017 20,917 ; 50, 059 38, 428 85, 658 8, 843 15, 965 24,808 15, 108 57, 255 44, 968 72, 920 7,575 28, 890 36, 4.65 20, 241 I " !| 19, GS5 25, 2?r. 1934 September October November December ,___ 2, 151 752 i 74, 848 60, 920 68, 947 10, 440 30, 463 40,903 68, 107 56, 323 64, 408 9,121 15, 159 24,280 ! 12, 297 21, 834 i i_ ____.. 7,885 i 36,023 28,043 II 8, 524 | 35, 550 j 23, 77:? jj 75, 432 64, 525 14, 353 49, 645 36, 407 50, 760 16, 678 7, 620 I 37, 136 22, 498 41, 273 31, 344 i 699 25; 263 8, 838 1935 January February March April.. I | i j | May June July August 1 Compiled by the Rubber Association of America, Inc. The data on rubber heels include reports from firms representing approximately 70 per cent of the entire industry; in the case of rubber-proofed fabrics, auto fabrics represent about 60 per cent and other classes of fabrics about 85 per cent of the total output of the respective products. The data on crude, reclaimed, and scrap rubber reported to the association from about 285 members and nonmembers represent the principal manufacturers, importers, and reclaimers in this field. 2 Consumption and production data represent quarterly totals, while stock figures are shown as of the end of the quarterly period indicated. Annual data represent Quarterly averages. Table 33.—MACHINERY YEAR AND MONTH Shipments Sales Electric Pitcher hand, and windmill 1 ir W « 1, 506 1,908 2,138 2,078 1,112 1,244 1,448 1, 606 4,849 5,516 6,195 6,595 3,578 3,226 2,997 3,097 72 48 52 44 4, 258 3,867 3,976 3,260 696, 659, 662, 623, 468 961 482 284 1, 491 1, 600 1,384 1,253 1,648 1,587 1,765 1,858 6,407 6,378 5,987 5,413 33, 712 41, 537 40, 450 37, 953 2,918 3,933 3,040 2,560 524, 597, 545, 482, 486 491 792 324 1,029 1,146 1,061 970 1,592 1,750 1, 406 1,362 52, 844 50, 056 55, 663 42, 339 2,798 3,065 3, 654 3,986 537, 575, 630, 608, 762 530 288 576 1,071 1,046 1,267 1,372 1933 January February March April 49, 184 57, 232 72, 357 64, 966 35, 244 41, 905 53, 021 47, 704 453, 772 407, 609 464, 100 529, 708 283, 978 374, 416 482, 351 469, 015 651, 066 692, 190 572, 995 656, 622 56, 570 54, 322 75, 371 62, 290 2,797 2,676 3, 635 3,271 May June July August 67, 651 56, 349 58, 449 56, 803 51, 206 45, 168 46, 990 46, 682 509, 440, 356, 349, 449, 401, 444, 391, 901 559 674 592 698, 165 710, 968 610, 344 601, 219 57, 653 52, 588 42, 674 42, 527 September October November December 57, 712 61, 690 55, 684 50, 352 47, 844 50, 980 45, 611 42, 006 247, 329 367, 006 267, 424 418, 223 328, 855 352, 384 265., 211 348, 544 439, 817 454, 974 437, 296 513, 337 1924 January February March April.. 50,. 472 59, 928 69, 061 66, 543 42, 271 49, 107 57, 469 55, G54 419, 164 378, 265 387, 579 420, 260 317, 348, 389, 430, 931 641 800 684 569, 137 614, 579 600, 251 520/381 M!ay June July August September October November December 60, 653 53, 031 53, 951 65, 457 67, 994 67, 925 57, 301 56, 576 51, 285 286, 953 44, 494 \ 295, 050 202, 515 45, 352 244, 408 56, 066 219, 946 57, 883 57, 533 I 233,756 48, 072 285, 267 397, 738 46,878 336, 228, 277, 284, 905 553 342 607 536,. 811 513, 001 410, 694 378, 016 235, 226 261, 047 204, 207 320, 109 327, 291 329, 061 399, 325 431, 656 52, 732 65, 919 27, 282 60, 409 60, 871 42, 857 100.0 18.0 34.9 59.3 42.2 | 145 | 129 56 120 50 167 83, 270 66, 619 68, 955 85, 339 71.4 58.1 77.2 71.0 4, 032 60 3, 069 49 3,421 • 50 44 2,873 64 j 194 47 135 61 129 69 135 100, 513 59, 719 52, 518 71, 693 58.5 56.4 55.9 63.1 4, 737 3,864 3,526 2,834 2,551 3,572 3, 147 3,071 31 48 48 46 61 67 62 48 99 88 50 73 60, 486 32, 576 16, 241 32, 517 48.7 52.6 53.9 45.1 1,081 1,099 1,211 1,298 2,706 2,663 2,709 2,751 3,380 2,980 3,105 4,089 42 42 48 50 42 51 40 63 91 110 89 89 66, 492 62, 113 34, 597 47, 939 66.8 56.3 57.5 48.7 1, 288 1,006 1, 015 988 1, 304 1,315 1,065 945 2,704 2,369 2,269 2, 330 3, 428 3,346 4,137 3,270 44 45 62 49 48 42 85 62 64 102 115 94 34, 447 35, 549 37, 759 41, 931 42.2 27.0 29.1 32.2 973 1,001 873 1,293 997 1,152 1,023 1, 145 2,264 2,197 2,052 2,247 3,721 3,276 3,512 4,350 63 5o 54 62 60 70 68 67 73 104 106 91 25, 988 58, 565 37, 157 31, 732 29.7 39.2 34.7 42.5 3,057 54 50 \ 317 599 245 790 Relative to 1920 65 ! 234 73 183 55 73 50 130 59 122 58 94 528, 003 537, 294 646, 140 610, 531 s $97, 284 275, 955 400, 927 314, 242 Total Num horsefoer power 43 65 71 60 69 62 68 65 57 49 49 52 o New orders index 79 97 87 95 87 86 3, 073 3,097 3, 157 3, 201 3,219 3,550 MACHINE TOOLS Sales 2, 828 3, 329 3,601 3,664 3,422 3,214 $5, 973 9,709 4,785 3,807 5,192 2,438 s $101, 843 256, 869 "5 $369, 816 10 51, 566 1° 3, 143 10 552, 111 49, 804 382, 707 3,349 592, 855 586, 575 302, 921 469, 184 STOKERS e Number $1, 290 1,945 1,176 1,031 1, 531 1,136 47, 128 24, 117 35, 244 46, 197 51,020 i I \___ 47,177 39, 437 484, 931 483, 668 2, 380 2,494 1935 January February May June July August m •3-gs $1, 659 2,045 859 1,157 1,464 1,099 $610, 503 74, 071 34, 691 48, 203 59, 036 60, 741 April Thousands of dollars Dollars . . . . i "1919 mo av 1920 mo. av._. 1921 mo. av... 1922 mo. av... 1923 mo. av... 1924 mo. av__. . . UnNew Ship- filled orders ments orders | av av av av av av PATENTS GRANTED SY U. S. PATENT OFFICES *, * Power and hydro- Total pneumatic Number Dollars No. of machines 1913 mo 1914 mo ' 1915 mo 1916 ino 1917 mo 1918 mo Orders on hand end of month \ Steam, power, 4and centrifugal Shipments 1 Total Agricultural 3 Agricultural implements fl Internalcombustion engines PUMPS FOUNDRY EQUIPMENT » WASHINGMACHINE SALES i _. i 49.8 I I j h i 1 I1 Compiled by the American Washing Macldne Manufacturers' Association from reports of 48 members representing practically the entire industry in the United. States and Canada. Data for 7 small firms have been estimated to make the compilation complete. Monthly data from 1920, showing electric, gas, and power, water-power, and hand machines, separately, are given in November, 1924, issue (No. 39), p. 97. 2 Data reported by 13 members of the Foundry Equipment Manufacturers' Association, said to represent 65 to 70 per cent of the foundry equipment industry. The principal products are molding machines, sand-cutting machines, sand-blast, machines, tumbling barrels, sand-mixing machines, cupolas, ladles, core-making machine?, etc. '* Shipments of agricultural pumps are from the Federal Reserve Bank of Chicago in ccoperation with the National Association of Farm Equipment Manufacturers arid cover 22 firms, except for May and June, 1922, when cnly 21 firms reported; the total shipments include, besides the articles shown in other two columns, the value of cylinders shipped separately. Comparable data for May, June, July, and August, 1624, are cot available, several firms having failed to report. 4 Data on steam pumps, single and duplex power pumps, from the Hydraulic Society covering about two-thirds of the industry, on which monthly data back to January, 1919, may be found in the September, 1923, issue (No. 25), pages 54 to 57. The association reports give data by classes. e Patents granted compiled from the official records on file in the U. S. Department of the Interior, U. S. Patent Office, Division of Publications; inasmuch as patents are ranted on Tuesdays only, the number of patents shown for a given month represents the total of either 4 or 5 Tuesdays. Monthly data from 1913 appeared in April, 1923, ssue (No. 20), page 48, except for internal-combustion engines, which appeared in June, 1923, issue (No. 2,2), page 52. Agricultural implements patents fall within the official classification of "Agricultural implements; planters, harrows and diggers, plow's, harvesters, scattering unloaders, and threshing implements." G Stoker sales through December, 1922, from the Stoker Manufacturers' Association, said to represent approximately 99 per cent of the industry; beginning with January, 1923, from reports to U. S. Department of Commerce, Bureau of the Census, from 13 manufacturers, representing practically the entire industry (15 prior to August, 1924, wheif4 establishments consolidated into 2). Monthly data from 1920 appeared in September, 1922, issue (No. 13), page 48. 7 Compiled by the Machine Tool Builders' Association, including quantity reports from 70 firms said to represent about 60 per cent of the industry. Detailed shipments data, since discontinued, appeared on page 55 of the April, 1924, issue (No. 32). 9 10 s Seven months' average. Eight months' average. Eleven months' average. 1 f 65 Table 34.—HIDES AND SKINS Total hides and skins YEAR AND MONTH Calfskins Cattle hides WHOLESALE PRICES s STOCKS, END OF MONTH 2 IMPORTS i Goatskins Sheepskins Total hides and skins | Cattle hides Calf Sheep skins Iamb skins and kip : and " Thousands of pounds 42,854 41, 490 46, 350 53, 856 60, 526 52, 589 1909-1913, monthly average 1913 monthly average. 1914 monthly average. 1915 monthly a, verage 1916 monthly average. 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthlv average. 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average ... 4 6, 815 6,372 5,576 4,076 5,221 2,465 4 Green, salted, CalfIpackers' skins, heavy country No. 1 native Chisteers (Chicago) cago) Dolls, per pound 19, 160 18, 629 25, 671 34, 053 33, 683 30, 890 8,199 7,473 6,321 6,607 8,686 7,409 5,289 5,684 5, 495 6,257 8,461 6,999 $0. 184 .196 .242 .262 .327 $0. 189 .210 .215 .338 .406 .371 .685 .368 .149 .160 .157 .184 30, 158 62, 070 42, 499 29, 003 45, 938 44, 315 29, 723 632 5,380 2,928 3,995 4,630 4,058 3,426 18, 421 33, 940 22, 922 15, 015 27, 035 24, 315 15, 468 5,197 11, 138 6,684 5,260 6,745 7,152 4,353 4,372 7,086 6, 896 3,822 5,136 6,353 4,843 « 435, 477 430, 897 355, 025 357, 392 267, 533 « 340, 339 339, 548 275, 293 288, 589 222,046 5 63, 139 58, 414 52,281 46, 485 29, 878 « 32, 916 32, 935 27, 452 22, 319 15, 601 .301 .393 .312 .139 .181 .166 .147 59, 327 49, 033 51, 414 63,200 4,596 3,332 3,144 4,234 33, 126 30, 535 28,361 40, 024 8,854 5,832 8,638 6,839 9,397 6,608 8,076 8,182 375, 099 401, 165 397, 982 373, 023 309, 964 330, 260 328, 588 300, 392 42, 164 48, 259 48, 120 49, 444 22,971 22, 646 21, 274 23, 187 .200 .199 .193 .188 .163 .167 .165 .166 60, 151 57, 231 53, 515 28, 868 4,890 6,688 5,212 3,472 35, 150 30, 377 29,384 12, 763 9,783 9,933 10, 382 5,782 7,709 7,323 6,643 5,512 380, 839 370, 471 359, 636 343, 524 305, 218 292, 149 283, 682 271, 960 52, 637 53, 533 52, 021 48, 873 22,984 24, 789 23, 934 22, 691 .187 .163 .146 .147 .171 .153 .149 .147 25,950 28,596 26, 869 27, 630 2,977 4,202 3,035 2,910 12, 157 13,582 14, 359 11, 966 4,755 4,992 4,120 5,912 4,595 4,391 3,740 4,060 333, 825 325, 402 314, 832 312, 905 268, 025 262, 915 254, 138 255,772 42, 792 40, 241 41,103 38, 632 23,008 22, 247 19, 591 18, 501 .141 .154 .141 .136 .152 .156 .148 .150 22, 486 29,049 30, 713 35,009 2,610 3,655 3,301 2,987 10,528 13, 048 15, 756 17, 493 3,291 5,113 5,022 6,144 4,006 5,370 5,336 6,904 302, 899 297, 287 292, 670 262, 933 253, 454 250, 823 244,553 223, 239 33, 473 31, 798 32,636 25,314 15, 872 14, 666 15, 481 14, 380 .143 .158 .139 .122 .158 .182 .188 .161 31, 759 24, 997 28, 503 -27,764 3,399 2,838 4,353 3,887 15,990 9,451 15,759 15,066 5,992 4,372 3,715 3,224 4,993 6,068 3,403 4,870 259, 206 253, 107 245, 155 244, 946 215, 981 207,609 197, 071 197, 628 28, 140 29, 695 32, 453 29,958 15, 085 15, 803 15, 631 17, 360 .119 .125 .131 .156 .165 .171 .180 .194 27, 301 26, 719 33, 355 39, 020 4,198 3,469 2,873 3,543 13, 586 13, 897 22, 145 22, 898 2,972 3,879 3,448 5, 059 5,046 4,556 3,358 4,207 247, 093 256, 232 265, 605 283, 266 196, 965 212, 223 223, 361 241, 639 31, 922 28, 112 27, 196 27, 840 18, 206 15, 897 15, 048 13,787 .161 .163 .174 .174 .198 .194 .203 .209 .161 .215 1923 January February March April. __ . ... _ _ May June . July August . . _ __ October November December _. _ _ 1924 January February March . April May June July August _. September October November December 1925 January February M!arch April May June July August 1 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 2 Compiled by the U. S. Department of Commerce, Bureau of the Census, from returns from packers, tanners, dealers, importers, and manufacturers. As given in the detailed monthly reports, which can be obtained upon r^uest from the Bureau of the Census, the returns for hides and skins are expressed in numbers of hides and skins. For 3the above summary these have been reduced to pounds on the basis of the average weights of each class. Data from U. 8. Department of Labor, Bureau of Labor Statistics, representing average monthly prices. * Imports of calfskins and cattle hides based on four-year average, 1910-1913. • Four months' average, September to December, inclusive. 27456°— 25t 5 66 Table 35,—LEATHER Production * YEAR AND MONTH Sole only 1 Total Backs, bends, and sides 1913 1914 1915 1916 1917 1918 monthly average monthly average monthly average monthly average monthly average monthly average.. 1919 1920 1921 1922 1923 1924 monthly average. _ monthly average.. monthly average.. monthly average. _ monthly average.. monthly average Stocks i Price sole, Exoak, ports » scoured, In Finished backs process (Boston)* 1, 653, 073 1, 876, 285 1, 535, 290 1, 499, 225 1, 477, 886 1, 561, 015 Dollars per pound Thousands of pounds « 23, 742 * 114, 810 « 161, 573 25, 657 24, 557 27, 411 21, 665 111, 217 100, 679 107, 144 88, 429 193, 528 186, 434 171, 631 149, 508 HARNESS LEATHER > UPPKB LEATHER SOLE AND BELTING LEATHER 2,605 4,319 6,751 7,540 3,657 2,229 $0. 444 .471 .504 .639 .831 .796 10, 222 1,869 1, 198 1,300 1,459 1,877 .913 .855 .547 .519 .508 .449 Stocks * Production i In process Finished Thousands of sq. ft. Exports 3 Thousands of sq. ft. 8, 845 6,834 8,967 10, 623 6,175 3,908 6 42, 344 3 142, 136 6 400, 906 164, 216 423, 021 57, 986 72, 963 428, 169 166, 770 158, 852 78, 019 387, 376 133.729 64. 118 358, 168 17, 023 7,288 3,559 6,744 6,187 6,982 SKIVERS » Price chrome Procaif, Stuffed Unfilled "B" orders duction grades (Boston) * Dollars per sq.it. Sides Dozens $0 270 i .280 i .285 .450 .579 | .598 7 203, 596 7 16, 039 95, 244 96, 974 56,266 104, 976 135, 621 104, 148 6 24, 942 120, 898 158, 479 141, 591 15, 032 13, 274 16, 653 24, 642 38, 462 33, 626 144, 213 139, 365 145, 243 132,801 116, 576 105, 463 152, 321 197, 705 36, 416 36,948 42, 139 38, 706 .970 .985 .521 .443 .440 .453 1933 January _. February March April _ 1, 650, 093 1, 449, 040 1, 698, 783 1, 680, 810 28, 256 25, 496 29, 806 28, 998 106, 960 111, 239 111, 261 111, 084 168, 164, 163, 164, 012 270 061 851 932 1,796 1,677 1,071 .525 .525 .540 .540 84, 021 78, 209 88, 721 80, 936 160, 941 164, 878 161, 687 164, 116 392, 951 390, 357 388, 070 391, 665 7,021 4.992 7,049 7,341 May . June . July August 1, 674, 024 1, 629, 810 1, 646, 592 1, 718, 317 29, 772 28,991 29, 231 30, 802 111,983 111, 861 112, 101 108, 506 165, 862 169, 348 173, 124 175, 441 1, 710 1,876 1,598 1,146 .540 .440 .540 .515 82, 164 79, 034 72, 894 77, 746 161, 846 156, 773 160, 555 157,975 395, 660 393, 405 391, 058 385, 494 6, 174 6, 631 6, 466 5, 177 .440 .440 .440 .400 136, 180 131, 736 126, 718 134, 291 219, 190, 182, 174, 213 340 525 518 39, 693 37, 836 32, 129 39, 038 1, 410, 729 1, 511, 287 1, 366, 788 1, 295, 907 25, 200 26, 404 23, 518 22, 458 106, 916 99, 573 98, 038 96, 201 173, 770 180, 167 179, 292 179, 364 1, 179 1, 085 2,292 1, 148 .490 .465 .455 .425 71, 234 77, 910 71, 651 71, 702 159,749 155, 972 151, 879 149,849 375, 613 378, 948 380, 133 385, 160 6,086 5,657 5,529 6,116 .440 .440 .440 .440 135, 836 147, 1-30 135, 425 118, 515 162, 349 142, 986 134,442 123, 312 38, 403 40, 604 43, 073 36, 563 1924 January February ... March April . 1, 373, 255 1, 217, 570 1, 212, 650 1, 173, 448 23, 819 21, 906 21, 475 21, 164 92, 907 90,065 87, 622 88, 312 172, 898 171, 247 165, 214 158, 676 1, 350 1, 695 1,361 2,205 .440 .440 .460 .460 76, 340 74,009 71, 512 62, 933 149, 400 146, 095 144, 156 136, 502 387, 500 381, 722 387, 697 379, 357 5,429 5,958 7,110 9, 160 .440 .440 .460 .460 129, 736 124, 804 134, 233 123, 039 120, 891 140, 844 110, 428 96, 369 34, 597 29,863 34, 164 35, 171 May June July August 1, 147, 404 1, 063, 945 1, 161, 212 1, 168, 729 20, 808 20, 261 20, 793 21, 006 86, 467 87,204 88,086 87, 632 156, 366 151,399 150, 273 144, 681 2,261 1,551 2,242 2,076 .460 .425 .425 .440 65, 913 53, 866 53, 579 56, 972 132, 561 126, 666 125, 049 125, 322 378,110 381, 085 368, 457 346, 867 9, 165 6,880 6,148 6, 260 .460 .430 .430 .460 110, 627 76, 274 73, 787 86, 013 101, 120, 176, 200, 437 614 343 031 31, 536 26, 108 28,027 32, 057 September . October November December 1, 225, 485 1, 350, 895 1. 198, 423 1, 361, 549 21, 094 23, 389 20, 783 23, 476 88, 130 88, 504 89, 329 86, 888 138, 417 134, 272 126,204 124, 445 1,817 1,923 1,864 2,182 .445 .445 .465 .480 60,381 68, 377 57, 633 67, 895 129, 975 127, 332 129, 682 132, 351 334, 819 324, 922 316, 411 311,074 6,679 7,504 6,959 6,535 .460 .460 .460 .480 95, 348 101, 167 96,432 98, 316 179, 968 168, 642 157, 592 126, 935 33, 377 40, 539 38, 170 39, 902 _ September October November December 1935 January.. February March April... May June July August ' , .500 .500 | 1 Based on figures compiled by the U. 8, Department of Commerce, Bureau of the Census. The data embrace returns from packers, tanners, dealers, importers, and manufacturers. Data on leather have been converted to pounds or square feet on the basis of the average weights of each class from original detailed reports in skins, sides, backs, butts, pounds, etc., which may be obtained from the Bureau of the Census on request. Stocks in process represent leather in process of tanning, which takes several months to complete, while finished stocks are .those completely tanned. 2 Prior to July, 1922, these figures were compiled by the Tanners' Council. Since July, 1922, they have been compiled by the Bureau of the Census and for skiver and harness production represent returns from a much larger number of firms than reported to the Tanners' Counc*. Hence the figures from July, 1922, on are not directly comparable with those for preceding months. Beginning December, 1919, the harness leather statistics cover amount of harness leather "stuffed," rather than that produced, but the variation between these items is small. 3 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 4 Data from U. S. Department of Labor, Bureau of Labor Statistics, representing average monthly prices. ' Four months' average, September to December. • Seven months' average. 1 11ncludes estimated production of firms outside the Tanners' Council No quotation, 67 Table 36.—LEATHER PRODUCTS GLOVES * BOOTS AND SHOES BELTING i Wholesale prices * Produc- Ex- 3 tion 2 ports Sales YEAR AND MONTH Pounds Thous. of dels. Thous. of pairs Men's black calf, Blucher (Boston) Men's dress welt tan calf (St. Louis) Women's black kid, Goodyear welt (St. Louis) Glove leather 5 Gloves cut Bres§ and street Stocks (tanned) Production Total In process Finished Number of skins Dollars per pair I j $3.11 3.17 3.25 3.71 4.75 5.63 $3.17 3.28 3.35 4.01 5.68 5.65 $3.00 3.00 3.00 3.44 4.50 4.38 i 23, 793 26, 990 29,260 26, 102 1,780 1,403 747 451 612 526 7.60 8.95 7.00 6.51 6.43 6.25 7.77 8.14 5.18 4 74 4.85 4.88 6.60 7.66 5 06 4 42 ! 8 3. 85 | 3.89 928 822 972 923 30, 744 30, 301 35, 836 31,868 478 548 616 759 6.55 6.55 6.50 6.50 4.85 4.85 4.85 4.85 3.85 3 85 3.85 3.85 512, 573 442, 912 460, 850 466, 258 947 834 877 881 30, 926 28,273 25, 256 30, 028 788 681 627 526 6.50 6.50 6.50 6.50 4.85 4.85 4.85 4.85 3.85 3.85 3.85 3.85 186, 054 220, 120 September October November December 416, 447, 347, 320, 510 264 2G2 547 784 827 642 558 27, 555 30, 705 26, 946 22, 676 585 573 628 532 6.28 6.25 6.25 6.25 4.85 4.85 4.85 4.85 3.85 3.85 3.85 3.85 1924 January February March April 441, 266 417, 849 434, 494 372, 428 757 711 739 644 26, 497 26, 832 28, 864 28,004 381 504 526 571 6.25 6.25 6.25 6.25 4.85 4.85 4.85 4.85 3.85 3.85 3.85 3.85 626, 668 567, 552 600, 548 596, 160 1, 655, 307 1, 667, 482 1,708,118 1, 674, 710 May June July August 330, 268 288, 817 320,231 326, 901 563 504 540 552 25, 240 22, 464 21,389 26, 473 754 512 457 512 6.25 6.25 6.25 6.25 4.85 4.85 4.85 4.85 3.85 3.85 3.85 3.85 443, 984 391, 880 318, 586 359, 165 September. October November. December 348, 251 338, 425 302, 794 324, 263 581 576 515 548 27, 716 30, 826 25, 322 24, 602 480 552 494 569 6.25 6.25 6.25 6.25 4.85 4.88 5.00 5.00 3.85 3.85 3.85 3.90 439, 740 525, 459 475, 959 513,391 6.35 5.00 4.00 monthly average monthly average monthly average monthly average monthly average monthly average 754,274 846, 664 739, 628 767, 423 $899 1,171 1, 199 1,354 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 710, 214 694 899 300, 090 430, 614 449, 109 353 832 1,365 1 662 548 721 833 603 1923 January February March . _. April 517, 636 441, 863 520, 379 495, 315 May June July August . __ 1925 January. February March. April 21, 013 27,602 Work gloves Domestic leather Dozen pairs 842 827 1,412 1,623 1,237 1,100 1913 1914 1915 1916 1917 1918 Iraported leather • 7 30, 847 29, 410 7 38, 249 46, 000 29, 899 37, 290 117,906 136,830 202, 660 214, 653 191, 243 170, 827 42, 436 42, 318 35, 108 21, 625 32, 846 32, 084 28,750 24, 213 127. 378 140, 251 127, 385 124,989 572, 474 588, 264 597, 514 684, 537 194, 438 207, 012 211, 286 206, 539 23,591 27, 675 33, 769 34, 965 32, 849 137, 998 36, 124 143, 213 36, 443 141,074 31, 251 140, 323 1, 591, 638 1, 480, 288 1, 448, 544 1, 448, 968 67G, 486 607, 912 546, 653 534, 581 194, 017 186, 697 165, 791 186, 235 34, 640 36,963 31, 039 32, 707 31, 225 128, 122 28,013 121, 721 25, 467 109, 285 29, 479 124, 049 1, 400, 848 1, 365, 963 1, 370, 615 1, 304, 152 493, 927 404, 552 350, 246 288, 157 183, 865 201, 338 163, 756 156, 954 32, 227 37, 318 34, 902 23, 926 27, 431 29, 780 23, 234 21,598 7 488, 258 1,509,719 528, 775 197, i 93 188, 161 37, 623 31, 977 7 129, 123 126, 774 124, 207 134, 240 " 105, 620 111,430 May June July August Data on sales of oak leather belting from the Leather Belting Exchange, and are estimated to represent from 65 to 75 per cent of the industry. Monthly data from 1920 appeared in the May, 1922, issue (No. 9), p.r 67. 2 Compiled by U. S. Department of, Co'ommerce, i Bureau of the Census, from over 1,000 firms each month, comprising almost the entire industry. Figures for the years 1914, 1919, and 1921 are those reported by the census of manufactures for those years. Monthly data from November, 1921, appeared in May, 1924, issue (No. 33), p. 97. Further details as to classes given in press releases. a4 Date from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Data from U". S. Department of Labor, Bureau of Labor Statistics, representing average monthly prices. Monthly data from 1920 on the St. Louis quotations appeared in the September, 1922, issue (No. 13), p. 47. 5 Compiled by U. S. Department of Commerce, Bureau of the Census. Stocks of glove leather are those held by tanners. • Beported to U. S. Department of Commerce, Bureau of the Census, by 206 identical factories (including data in earlier months for one factory now out of business) representing 87 per cent of the leather glove industry according to the census of manufactures, 1921. 7 Average for last six months of year. 8 Type of shoe on which quotations are based changed in January to 7lA-mGh top instead of 8H-inch top as formerly. 68 Table 37.—NEWSPRINT PAPER AND PRINTING NEWSPRINT PAPER Stocks, end of month YEAR AND MONTH Production Consumption Shipments At mills At publishers 2 In transit Imports Exports to publishers BOOK SALES PUBLICATION BOOKS PSINTING American Imman- portedfi ufac- books ture * Total activity « Number of editions Short tons Shipments Thousands Rel. to of books Sept., 1920 110, 248 113, 858 106,049 38, 998 31,713 24, 035 124, 789 154, 952 41, 155 18,320 26, 290 30, 701 39,019 46, 593 49, 689 114, 543 125, 997 102, 103 120, 641 123, 750 122, 548 142, 091 148, 760 147, 957 170, 738 152, 671 137,130 114, 880 125, 215 102, 172 121,035 123, 111 122, 505 23, 929 23, 324 29, 940 22, 837 22, 235 29, 357 155, 185 144, 712 188, 797 171, 121 179. 097 177, 370 40,983 52,006 28,211 36, 657 40,991 34, 046 52, 311 60, 822 66, 040 85, 772 109,056 113, 065 9,189 3,822 1,403 2,153 1,364 1,429 648 621 581 604 626 611 67 81 113 116 11.3 144 127, 452 114,611 129, 294 116, 719 175, 552 165, 148 190, 547 195, 510 123, 656 114,415 132, 292 118,023 23,004 23, 197 20, 180 18, 876 172, 319 171, 807 165, 708 165, 455 50,884 55, 051 54, 368 49, 686 106, 988 89,495 112, 340 111, 712 1,064 1,194 1,989 1,475 551 638 823 519 81 88 87 92 11, 475 10, 593 12, 510 10,960 97 94 97 99 138, 868 133, 692 125, 768 132, 604 190, 558 131, 986 120, 970 125, 191 136, 979 132, 311 124, 322 129, 173 20, 832 19, 514 21,237 25, 674 176, 347 159, 278 173, 984 201, 574 50, 905 36, 181 31, 765 37, 389 115, 143 105, 530 103, 130 115,909 1,496 1,652 980 999 596 701 387 491 88 124 97 83 11, 333 11,329 9,703 12,238 96 83 77 84 110, 209 122, 073 119, 720 117, 790 125,022 139, 696 134, 101 137, 771 110,240 124, 894 117, 176 116, 826 24, 663 21, 934 24, 040 23, 669 195, 060 193, 791 187, 320 186, 526 33, 862 31, 549 33, 857 26, 392 110, 134 114, 424 108, 363 115, 503 1,194 1, 124 1,312 1,890 736 775 714 584 166 139 119 184 11,665 12, 634 11,912 11,500 81 97 90 91 1934 January February __ __ ._ M-iroh April 130, 435 118, 801 .119, 464 128, 757 131, 310 131, 401 144, 504 145, 271 124, 888 117, 033 119, 062 127, 878 28, 631 30,314 30, 742 31, 768 186, 598 184, 286 175, 508 166, 391 40, 000 39, 608 31, 438 31,231 107, 594 103, 337 121, 904 111, 944 1,682 1, 407 1,314 1,569 456 529 657 572 178 142 184 129 11, 258 11,661 11, 439 10, 574 97 94 90 100 May June July.. August 134, 827 121, 217 114,859 116, 288 144, 579 139, 426 120, 582 120, 408 131, 758 122, 618 118, 933 117, 059 34, 718 33, 487 28, 427 28,631 166, 068 161, 931 178, 324 188, 885 32, 240 32, 435 32, 984 36, 143 113, 262 116, 5-17 112, 173 110, 228 1,421 1,890 997 1,475 653 499 477 610 130 117 94 165 10,382 11, 725 9,877 11, 036 94 84 84 86 September October _ November December.. _„ 116, 753 129, 852 118,275 121, 053 131, 588 147, 467 145, 353 143, 672 116. 743 130, 281 121, 658 122, 148 28, 439 28, 229 25, 062 23, 838 195, 725 187, 169 169, 338 167, 216 30, 058 33, 552 36, 394 32, 467 107, 990 114, 121 112. 442 125, 241 908 1,677 1, 454 1,350 641 799 905 530 149 93 181 161 11, 751 12, 584 10, 799 12, 032 86 96 85 98 126, 639 26, 268 1913 monthly av 1915 1916 1917 1918 montblv av monthly av monthly av monthly av 113,251 105,024 1919 1920 1921 1922 1923 1924 monthly av monthly av monthly av monthly av monthly av monthly av 1923 'January February March April .. May June Julv August September October November December 1925 January February March April May June July August _ _. 128, 784 3,601 5,066 4,597 6,395 7,822 8,062 814 763 616 733 728 695 206. 238 195 136 110 75 a, 850 11, 118 8,264 10, 083 11, 488 11, 260 78 88 91 92 i __ _ * See footnote on opposite page also. stock; Feden of sales books from the Sales Bo&k Manufacturers' Association' Monthly data on ne-wsprint paper from 1920 appeared in June, 1922, issue (No. 10), pp. 45-47. 2 Prior to Sept. 1, 1916, includes only paper valued at not above 2.5 cents per pound; from Sept. 1, 1916, to Apr. 24, 1920, not above 5 cents per pound, and from Apr. 24, 1920, to date not above 8 cents per pound. 3 Printing activity based on productive hours reported by plants in 52 cities in 3C States, each department being weighted for the combined index. 4 Between 10 and 15 per cent of the books manufactured in America are new editions, the remainder being new books, while about 95 per cent of the books manufactured in this country are by American authors. * Books imported are books of foreign manufacture, catalogued and marketed by American publishers. 69 Table 38.—BOXBOARD AND PAPER BOXES BOXBOARD i YEAR AND MONTH Operation Production Orders received Unfilled orders (end of month) Inch hours Consumption, waste paper PAP EB, BOARD SHIPPING BOXES' Stocks of waste paper (end of month) On hand In transit Operating time UnCorshipped To- ru- Solid Swrtal gat- fiber ases ed Tons Per cent of normal Production Total Corrugated Solid fiber Thousands of square feet av av av av 50 70 79 74 45 66 79 72 65 81 79 79 226, 622 291, 036 306, 743 149, 323 211, 654 231, 190 77, 299 79, 382 75, 553 1933 January February __ _ March April 79 75 82 84 76 75 83 86 88 75 78 78 313, 045 301, 870 324, 178 305, 524 217, 649 213, 177 241, 501 222, 121 95, 396 88, 693 82, 677 83, 403 May June July August. 80 77 79 81 82 78 80 82 76 76 77 78 286, 603 275, 679 290, 754 285, 059 208, 705 195, 288 205, 725 199, 760 77,898 80, 391 85, 029 85, 299 September _. . _ . OctoberNovember December .. 6, 904, 237 7, 622, 364 161, 450 158, 366 162,490 163, 949 81, 625 99, 340 146, 789 144,040 144, 899 166, 670 10,628 12, 990 22,833 22,382 79 81 77 68 79 79 74 68 76 88 86 66 256, 701 310, 795 286,200 256, 022 195, 480 228, C85 208, 129 204,232 61,221 82, 710 78, 071 51, 790 1924 January Februarv March April . 8, 504, 637 8, 230, 273 9, 149, 932 8, 522, 683 177, 512 175, 320 196, 144 180, 488 209, 214 178, 746 170, 772 157, 539 107, 866 102, 128 96, 975 72, 559 166, 089 165, 337 182, 672 165, 762 125, 962 120, 820 136, 524 136, 450 14, 324 14, 353 15, 417 11,918 39, 891 26, 400 23, 980 27, 631 72 78 83 76 68 75 80 74 85 87 90 82 295, 168 315, 376 344? C83 327, 91 1 211, 686 229, 575 247, 460 245, 975 83,482: 85, 801 ; 96,623 81, 936 May. June July August 8, 164, 295 6,582,986 6, 623, 641 8, 450, 368 168, 791 146, 669 146, 945 191, 789 154,623 156, 486 162, 471 208, 242 68, 896 84, 431 104, 337 122, 492 162, 312 144,183 142, 488 189, 313 134, 725 151, 342 156, 442 153, 357 11, 632 13, 674 16, 939 17,002 26, 854 34, 022 34, 870 34, 919 72 67 64 68 69 66 64 65 80 70 63 74 297, 764 255, 561 269, 108 287, 937 225, 103 193, 800 205,723 219, 141 72,661 61,761 63, 385 68,796 September October November December 7, 937, 474 8, 303, 466 7, 293, 613 7, 434, 064 184, 062 190, 800 165, 192 165, 248 162, 196 174, 131 168, 590 175, 425 101, 755 85, 616 92, 572 107,280 178, 212 183, 327 157, 501 158, 548 162, 999 168, 348 156, 711 172, 412 15,319 14, 921 15, 523 14, 329 41, 766 . 27, 704 29,453 31, 620 52 77 78 75 69 77 77 74 79 78 80 76 302,181 331,390 332, 824 321, 617 231,066 256, 410 259, 390 248, 956 71, 115 74,980 73, 434 72, 661 71 70 73 302, 291 228, 084 74, 207 1921 monthly 1922 monthly 1923 monthly 1924 monthly 1935 January February March . April.__ _ May June July August 1 Compiled by U. S. Department of Commerce, Bureau of the Census, from reports of 87 identical manufacturers each month, including figures from .the members of the 2Boxboard Association prorated from weekly reports. Data from the National Container Association, which merged the statistical activities of the Container Club and the National Association of Corrugated and Fiber Box Manufacturers who formerly reported separately. Thirty identical companies report corrugated .board data and 11 report solid fiber data. Data for the former individual associations, extending back to 1919 for the Container Club, are given in the August, 1923, issue (No. 24), but are not comparable with data shown here, as the former National Association of Corrugated and Fiber Box Manufacturers reported in their totals single face board (used principally for wrapping purposes), which is excluded from the tabulation above. Monthly data for 1921 and 1922 on the present basis, including relative prices of finished board and raw materials, appeared in the November, 1923, issue (No. 27), p. 89. The production of boxes is measured by the area of board passing through the tibx machines. 70 Table 39.—PAPER PRODUCTS AND PEARL BUTTONS YEAR AND MONTH Mechan- S-3 ical ^£,i New orders Kelative to 5-yr. av., 1909-13 Relative to 1921 &l *>a Domes- Fortic eign sales sales Rel. to 19211922« Relative to 1919 •a 2 AND CLOTH < FRESHWATER PEARL BUTTONS* Production 02 Relative to 1922 WOOD PULP IMPORTS i Mechanical Chemical Short tons New orders Per cent of capacity 102 117 97 109 143 127 141 220 174 341 364 417 1922 September October November _ December 116 157 167 185 281 429 497 607 197 169 153 104 107 114 106 153 155 160 186 215 107 107 137 112 81 80 110 129 149 186 151 178 1923 Januarv February _ _ March April May June _ July August _ September October November ... December 1924 January February __ March April Mav June July August September October November December 1925 January February March April__ May... June. July August 100 100 109 67 106 128 116 100 125 47 96 119 111 100 100 73 100 110 114 16, 855 19, 375 16, 000 17, 965 23, 485 20, 929 36, 147 58, 153 44, 457 86, 942 92, 843 106, 399 32, 467 27, 766 25, 143 17, 186 116,426 97, 774 82, 078 70, 401 58.0 70.1 74.0 70.0 98.7 92.0 106.9 94.6 92, 815 87,804 104, 902 117,413 8,956 10, 351 11, 593 9,631 51.0 53.5 52.8 54.8 17,668 72, 932 100, 757 82, 392 100, 355 53.3 64.7 55.6 69.8 86.4 81.8 68.9 47.4 101, 418 85, 302 79, 016 80, 087 12, 370 10, 660 11, 765 12, 594 52.1 47.1 31.9 38.7 85, 936 91, 302 47.4 67.8 63.2 69.3 57.9 93.4 63.3 76.0 75, 196 81,048 77, 634 60, 353 12, 297 11,371 10, 522 9,200 40.0 45.8 45.8 39.3 13, 508 13, 399 13, 467 13, 514 13, 696 14, 054 13, 556 13, 831 13, 980 14, 207 14, 420 14, 516 64.6 81.0 76.2 62.9 108.2 83.0 129.8 129.0 89,961 92, 660 96, 376 79, 704 8,384 8,529 10, 553 11, 620 38.4 43.5 44.0 41.6 14,495 14, 237 14, 221 14, 191 58.0 75.6 67.9 74.9 71.7 63.1 65.6 85.9 76, 890 60, 969 63, 553 70, 491 11,018 12,815 7,777 10, 916 32.4 30.4 16.7 22.0 56.6 55.6 60.3 74.9 57.2 84.1 64.6 62.6 79,828 86, 587 73, 581 77, 429 8,228 8,591 11, 940 11,606 28.4 32.1 36.1 36.8 14, 170 17, 193 14, 083 13, 914 13,784 13, 607 13, 653 13,656 19, 153 25, 921 27, 475 30, 447 456 383 322 276 121 146 154 146 91 105 130 122 286 395 323 393 111 135 116 146 99 142 132 145 136 129 154 172 149 125 116 118 110 119 114 89 98 113 126 105 135 116 128 137 337 358 455 382 223 208 242 214 195 185 156 107 131 211 143 172 134 124 115 100 111 116 115 119 113 102 69 84 87 99 99 85 108 107 107 108 109 112 108 110 111 113 115 116 347 487 339 246 135 169 159 131 89 109 133 117 91 93 115 127 120 140 85 119 90 94 130 127 83 94 95 90 70 66 36 48 62 70 78 80 115 113 113 113 113 113 112 111 110 108 109 109 88, 565 124, 178 86, 556 121 158 132 136 141 117 113 89 93 103 117 127 108 114 17, 660 17, 637 22, 552 18, 431 324 343 449 473 245 188 294 292 162 143 13,291 13, 180 82, 746 87, 549 18,042 114,531 21, 204 120, 816 ! " 12,563 13, 846 14, 267 12,830 12, 892 13, 039 12, 998 102 102 104 104 156 153 119 112 46.1 46.1 33.5 43.0 47.0 51.0 46.8 93 102 111 102 ! 9,171 11, 695 4,379 8,836 10, 943 10, 165 12, 338 9,560 16, 007 12, 766 135 104 175 139 519 530 427 519 47.9 68, 150 78, 363 47, 957 72, 394 86, 916 79,002 79, 945 81,736 76, 257 67, 120 117 120 112 98 129 122 145 165 Per ct. Thouof ca- sands of pacity gross 68.0 89.0 60.0 83.8 123 123 126 111 123 129 118 112 Stocks 66.2 63.6 55.8 68.4 154 201 136 190 135 125 123 116 Reams Production 71, 784 109, 459 126, 937 154, 850 138 133 116 143 1 Foreign sales 44.3 82.7 80.6 100 187 182 110 119 Domestic sales FRESHWATER PEARL BUTTONS a 69.4 63.6 145 133 6100 ABRASIVE PAPER AND CLOTH * NUMERICAL DATA RELATIVE NUMBERS 1919 monthly civ 1920 monthly av.. 1921 monthly av_. 1922 monthly a v__ 1923 monthly a v _ _ 1924 monthly av LABELS 3 ABRASIVE PAPER FOLDING PAPER BOXES 2 ROPE PAPER SACKS 3 WOOD PULP IMPORTS i LABELS * FOLDING PAPERBOXES 2 [Base year in bold-faced type] 18, 806 17, 376 25, 155 25, 538 26, 285 30, 666 35, 429 116,224 97, 533 62,864 24,527 132,350 30, 565 24, 835 135, 238 109, 047 132, 344 29,228 _ _. 1 Data from U. S. Dtpartment of Commerce, Bureau of Foreign and Domestic Commerce. Monthly averages for 5-year period, 1909-1913, on which relative numbers are based, are 16,463 tons for mechanical and 25,521 for chemical pulp. Monthly averages and index numbers for years 1913 through 1918 are given in the August, 1923 (No. 24) issue, p. 92. 2 Folding paper boxes and labels from the Association of Folding Box and Laid Manufacturers, said to represent approximately 60 per cent for the folding-box industry and 375 per cent for the label industry. Rope paper sacks from Hope Paper Sack Manufacturers' Association, said to represent approximately 95 per cent of the industry. 4 Data compiled by the Abrasive Paper and Cloth Manufacturers' Exchange, estimated to represent 90 per cent of the industry. The totals given include the sales of garnet, emery, flint, and artificial (silicon, carbide, and aluminous oxide) paper, cloth, and combinations. Figures are stated in equivalent reams, 9 by 11 inches in size. The 5data submitted show that in 1919 the total sales were made up of the following approximate percentages: Garnet 39, emery 8= flint 32, and artificial 20 per cent. Data on fresh-water pearl buttons from National Association of Button Manufacturers from reports of 17 firms representing 95.2 per cent of the machine capacity of the association members, except prior to July, 1922, when 16 firms reported. e Twelve months' average, July, 1921, to June, 1922. Numerical data not furnished by the association. 71 Table 40.-3IOTSING AND GLASS [Base year In bold-faced type] PLUMBCOST ING INDEXES FIXCON(1st of month) TURES i STRUCTION Fac- Con- VOLUME Wholetory sale strucFrame Brick <4) buildhouse house price tion 3 tug 2 costs index costs BUILDING MATERIAL PRICES i (1st of month) YEAR AND MONTH SPECTACLE FRAMES AND MOUNTINGS* Sales Unbilled filled (value) orders Rel. to Relative to 1913 Relative to 1919 1914 Relative to 1913 ILLUMINATING GLASSWARE « Net orders Actual Shipproduc- ments billed tion 1913 monthly average 1914 monthly average 1915 monthly average 1918 monthly aveiage 1917 monthly average 1918 monthly average 100 100 100 100 1919 monthly average.. 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 100 89 93 147 181 189 100 Portland, Greg.? Minneapolis, Minn.8 Per cent of capacity RELATIVE NUMBERS REAL ESTATE CONVEYANCES * HOUSING RENTAL ADVERTISEMENTS 41 cities Number NUMERICAL DATA i 25 27 30 43 50 68 64, 672 63, 094 58;877 187.1 176. 8 179 170 202 198 198 251 202 175 214 215 199 201 209 209 179.5 182.0 183. 8 189.7 192 197 197 204 192 197 205 214 126 105 195 160 100 104 132 134 68 88 87 87 49.1 68.9 55.6 52.4 51.5 55.7 51.9 55.7 52.3 55.2 54.2 54.8 737 700 1, 020 1,209 1,699 1, 424 2,170 3, 958 125, 047 108.486 : 140.. 091 141,659 212 212 214 215 214 215 217 216 191.4 192.7 191.8 189.5 204 207 206 206 217 221 222 222 171 148 128 111 126 134 78 110 88 78 80 83 58.3 45.4 34.8 37.0 56.6 41.4 30.2 36.4 51.3 51.0 40.8 36.5 1,226 1, 049 978 977 4, 175 3,570 3, 048 5,583 156, 225 151, 585 141, 268 140,936 ; 208 203 203 204 210 207 206 207 189.6 187.4 184. 3 184. 1 206 204 202 199 222 220 221 217 137 127 125 101 108 152 132 116 88 96 91 95 41.0 51.3 52.9 42.4 45.9 56.7 57.4 51.7 44.6 52.1 58.6 45.5 1,0*5 1,012 883 793 6,063 4,915 4,028 3,446 131,900 157,, 217 139, 911 134, 747 204 204 205 206 207 207 209 209 182.9 183.2 183. 0 182. 4 199 200 202 202 218 220 225 222 130 128 134 137 125 128 139 115 83 77 58 46 41.5 46.0 50.5 43.7 51.5 52.2 54.6 58.1 41.8 45.3 44.6 39.7 657 740 970 1,062 2,839 2, 522 3,381 5,615 144, 768 132, 566 149, 863 153, 042 205 203 199 195 206 205 201 199 180.1 180.2 174.7 174.6 200 199 198 196 222 217 214 213 165 126 132 134 90 82 45 70 32 23 25 30 39.9 40.1 33.6 39.9 39.9 35.4 25.1 27. 1 33.1 36.0 29.0 36.9 1,261 1,135 1, 294 1,160 5,479 4,598 3,315 7, 611 148, 802 140, 152 137, 965 131, 838 202 196 195 201 203 199 193 202 174.4 171.9 170.9 170.1 196 195 195 197 211 208 206 209 135 139 108 128 85 110 87 87 43 43 38 20 40.4 45.8 43.5 42.1 34.3 45.7 51.0 43.6 41.3 48.3 45.5 39.5 1,302 1, 299 1, 246 1, OU4 7,508 6, 226 5,058 3,307 131, 430 150, 824 196 199 170.6 197 197 38.5 38.7 39.4 1,025 182 207 . 201 186 209 203 195 198 209 206 91 88 139 136 133 100 104 73 82 119 97 100 114 61 41 83 43 13 36. 7 46.3 49.1 42.3 » 36. 2 44.0 49.3 43.2 12 35. 7 42.6 49.7 40.5 808 968 1,094 ni,319 1,886 3, 082 3,673 4, 788 10 92, 567 : 104,973 91, 042 109,895 139, 089 1923 January "February March April . May June July August September October November December _ 1924 January _ _ February March April . May. June July August- ._ September. O ctober November December. January February. March April _ _ 1935 - - __ _ «. . 147 it . .... 1 1 July i 1 Building material price indexes representing the relative cost of building materials entering into the construction Jof a six-room frame house and a six-room brick house from the U. S. Department of Commerce, Bureau of Standards, Division of Building and Housing, and Bureau of the Census, are based on prices paid for material by contractors in some 60 cities of the United States. The prices are weighted by the relative importance of each commodity in the construction of a six-room house: plumbing fixtures, wholesale price, compiled by the Bureau of the Census, is an average of 12 reports of combined net selling prices to retailers, without freight, on the following competitive fixtures: Bathtub, washstand, water-closet, sink, two-part cement laundry tub, and 30-gailon range boiler. The plumbing prices are averages for the month, while building material indexes are as of the first of the month. 2 This index number, furnished through the courtesy of the Aberthaw Construction Co., is designed to show the relative changes in the cost of constructing a standard concrete factory building. The company believes that the year 1914 gives a normal base and that July, 1920, with an index number of 265, represented the peak of costs. Beginning with June, 1923, the Morton C. Tuttle Co. has also prepared an index on a similar basis, with practically identical results. These index numbers are given as of the first day of the month. 3 The construction cost index, computed by the Engineering News Record, is based upon the costs of steel (structural shapes, Pittsburgh base), cement (f. o. b. Chicago, exclusive of bags), lumber (southern pine, New York base), and the rates paid common labor in the steel industry through 1920, after which common labor rates are averages reported from about 20 cities by correspondents of the Engineering News Record. The prices are weighted on the basis of the total production of steel, cement, and lumber, and the total supply of common labor. Monthly data from 1914 appeared in June, 1923, issue (No. 22), page 52. 4 Compiled by the Engineering News Record, on the basis of contracts let as reported by this publication and its construction cost index number, based on 1913 costs. *Data from the Optical Manufacturers' Association, representing about 60 per cent of the industry. 6 Data from reports of identical firms by the Illuminating Glassware Guild, estimated to represent from 70 to 75 per cent of the capacity of the industry, based on a normal capacity of 6,000 turns. 7 Compiled by the Portland Association of Building Owners and Managers, showing the number of advertisements, computed from number of inches, carried in leading newspapers of Portland, Oreg., each month of houses and apartments to rent. 8 Compiled by the Federal Reserve Bank of Minneapolis, showing number of advertisements in a Minneapolis newspaper each month of houses and apartments to rent, both furnished and unfurnished. No effort has been made to eliminate duplications of houses advertised from day to day, and thus the total does not represent actual number 9of dwellings for rent, but it does indicate the trend. Real estate transfers and conveyances compiled from official records of 41 large cities by the National Association of Real Estate Boards, 16 Yearly figures are not averages of the monthly data but are computed on the total volume for the year as compared with thfri913 total. 11 http://fraser.stlouisfed.org/ Pour months' average. " Twelve Federal Reserve Bank of St.months' Louis average, May, 1921-April 1, 1922. 72 Table 41.—BUILDING CONTRACTS BUILDING CONTRACTS AWARDED (36 STATES) Commercial YEAR AND MONTH Thous. sq. ft. 1923 monthly average 1924 monthly average _ _ _ _ Thous. dolls. Industrial Thous. dolls. Thous. sq. ft. Residential Educational Thous. sq. ft. Thous. dolls. Thous. sq. ft. Thous. dolls. Public and semipublic Thous. sq. ft. Public works and utilities Thous. dolls. Thous. dolls. Grand total Thous. sq. ft. Thous. dolls. 9,120 9,420 $42, 743 49, 695 6,119 4,169 $36, 932 29, 606 32, 562 35, 192 $144, 541 170, 841 4,641 4,854 $26, 719 30, 620 3,912 4,643 $25, 386 32, 728 $55, 456 60, 326 56, 352 58, 869 $331, 776 373, 816 6,797 8, 185 11,266 11,473 36, 332 34, 698 51, 233 53, 826 4,765 6, 580 8,773 7,397 23, 152 40, 275 41, 803 33, 335 26, 724 25, 658 42, 174 42, 267 122, 678 113, 902 175, 705 175, 087 2,726 5,268 5,008 6,709 16, 862 27, 668 26, 966 39, 803 2,316 3,863 4,538 4,432 15, 073 25, 706 27, 549 29, 922 28, 642 38, 893 48, 192 67, 228 43, 326 49, 553 71, 757 72, 277 242, 738 281, 140 371, 447 399, 201 11, 646 9, 597 8, 457 8,484 59, 510 44, 727 40, 875 37, 457 11, 667 6,319 ' 4, 558 3,798 62, 979 55, 867 26, 019 19, 359 39, 555 28, 179 26, 831 27, 423 168, 217 136, 313 124, 171 126, 831 5, 519 4, 569 5, 021 4,411 30, 453 26, 410 31, 445 25, 861 4,424 5,064 4,105 3,795 28,931 32, 121 27, 356 26, 458 83, 817 75, 596 65, 159 62,664 72, 810 53, 727 48, 071 47, 910 433, 907 371, 034 315, 024 298, 629 8,499 8,786 7,689 8,558 44, 142 35, 133 32, 594 42, 388 4, 392 4,205 5,907 5,063 38, 059 32, 721 44, 457 25, 160 25, 296 37, 311 36, 164 33, 166 111, 906 173, 042 158, 953 147, 689 3,096 5, 033 4,219 4, 111 16, 369 26, 085 24, 273 28, 428 3,573 4, 857 3, 598 2,373 23, 446 30, 207 22, 315 15, 546 55, Oil 63, 499 36, 237 40, 536 44,857 60, 192 57, 578 53, 269 288, 932 360, 687 318, 829 299, 748 7, 778 9, 420 11, 455 9,615 38, 393 47, 124 64, 432 49, 724 3,795 4,096 4,744 4,994 24, 769 19, 060 21, 763 56, 361 37, 945 31, 348 49, 838 47, 536 170, 186 142, 079 227, 461 219, 139 3,114 5,839 5,748 5,757 18, 519 31, 155 34,062 33, 522 3,225 3,706 6,017 4,795 21, 705 22, 556 40, 726 32, 511 28, 381 37, 956 44, 895 88, 841 56, 624 54,879 78, 326 73, 169 301, 952 299, 929 433, 340 480, 097 11, 232 9,308 8, 993 8,361 56, 380 56, 556 49, 346 41, 151 4, 625 3,294 3,017 3, 967 28, 901 24, 968 19, 664 30, 380 39, 755 34, 101 25, 474 27, 998 185, 419 161, 443 128, 072 148, 232 6,908 5,262 6,150 4,401 40, 582 34,807 39, 511 31, 771 5,812 . 39,283 4, 734 37, 963 6,059 38, 875 4,968 37, 613 68, 708 71, 784 71, 717 65, 296 68, 784 57, 754 50, 522 50, 767 419, 273 387, 521 347, 184 354, 443 8,751 9,664 10, 038 8,424 43, 316 55, 969 55, 255 38, 696 4,216 ' 4, 478 4,101 4,705 35, 222 29, 033 34, 373 30, 776 28, 236 32, 143 34, 779 33, 153 143, 706 166, 199 191,319 166, 839 4, 857 4, 127 2,825 3,254 31, 728 27, 675 18, 311 25, 797 5,234 4,195 3,181 3,785 1923 January February IVlarcn April May June Julv August _- -- September October November December 1934 January February March \pril - .- May June July August -- ._- . September October November December - ._ 1935 January . .- -- February MarchApril May June July August. _ .-_ """ -. __! 38, 310 29, 991 22, 947 30, 259 52, 034 101, 224 57, 455 35, 620 51, 631 344, 316 55, 087 . 410,091 55, 258 379, 660 53, 625 327, 986 1 | j 1 i Compiled by the F. W. Dodge Corporation from reports covering contracts awarded in small towns and rural districts as well as large cities. The data shown on this page include figures from 36 States, ail except Washington, Idaho, Montana. Oregon, Utah, Wyoming, Nevada, California, Arizona, New Mexico, and parts of Kansas and Nebraska, comprising about seven-eighths of the total building contracts in the United States. Prior to 1923, figures for Colorado, Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Florida, and Georgia were not compiled and thus the totals were not comparable with the figures based on 36 States. Data giving com. parable figures for 27 States throughout- the period from 1919 to date (except that prior to May, 1921, North and South Carolina were not included, which, however, mad r little change in the total) are given on the opposite page; monthly data for 1920 and 1921 appeared in May, 1922, issue (No. 9), pp. 71 and 73. 73 Table 42.—BUILDING CONTRACTS AND FIRE LOSSES FIRE LOSSES BUILDING CONTRACTS AWARDED (37 STATES) YEAR AND MONTH Thous. sq. ft. Thous. dolls. Residential Industrial Business Thous. sq. ft. 2 Thous. dolls. Educational Thous. dolls. Thous. sq. ft. Public Public and 3semi- works and public utilities Thous. sq. ft. Thous. dolls. Grand total * Thous. dolls. Thous. sq. ft. Thous. dolls. United States 5 Great Brit- Thous. dolls. Thous. of £ sterling Thous. sq. ft. Thous. dolls. 2 19, 000 18, 167 2 12, 583 2 8, 667 20, 157 $34, 832 40, 275 29, 548 25, 381 70, 767 1,915 $9, 960 2,242 $14, 476 $41, 834 46,683 $214, 990 $22, 416 ain e 5, 308 8, 050 2 9, 042 2 15, 075 12, 772 $33, 806 $8, 912 15, 212 20, 668 40, 202 42, 744 26, 638 27, 662 41,358 37, 177 43, 519 10, 652 2,981 5,463 5,184 3,414 49, 080 14,444 27, 084 31, 568 23, 762 11, 460 17, 047 25, 866 29, 521 30, 941 47, 177 73, 154 112, 285 131,896 153, 539 2,190 3,382 4,549 3,703 3,898 14, 358 20, 319 25, 279 22, 711 26, 429 2,211 3,366 3, 853 3,062 3,800 17, 220 21, 788 26, 258 21, 047 27, 760 47, 195 38, 265 46, 847 46, 447 48,311 33, 491 32, 267 47, 745 49, 302 50, 427 211, 102 196, 648 279, 410 291, 177 323, 295 27, 571 27, 721 34, 241 32, 433 31, 461 £707 644 514 904 620 5,870 7,044 9,886 9,561 30, 975 30, 999 44, 076 45, 322 4,410 5,096 7,673 5,997 21, 944 27, 518 37, 034 24, 913 24, 586 22, 668 39, 286 39, 174 111, 730 101, 040 164, 267 163, 476 2,153 3,992 4,092 5,849 13, 906 22, 108 22, 550 35, 822 1,889 2,789 3,981 3,942 12, 730 17, 781 22, 797 26, 986 25, 929 30, 185 42, 586 60, 926 38, 947 41,611 64, 920 64, 527 217,333 229, 938 333, 518 357, 475 36, 615 42, 775 41,160 32, 638 937 555 636 2,218 May June July August 9,759 8,387 7,094 6,245 53, 133 40, 830 35, 267 27, 169 8, 826 4,817 3,861 3,367 47, 557 48, 506 21, 197 17, 717 34, 332 25, 254 23,698 24, 106 148, 773 124, 417 111, 138 114,317 3,949 3,717 4,131 3,285 24, 346 22,676 27,512 21, 036 3,529 4,103 3,179 2,782 24, 042 26, 863 23, 240 21, 670 76, 284 58, 686 55, 708 51, 134 60, 430 46, 344 42, 021 39, 786 374, 400 323, 559 274, 225 253, 106 34, 016 34, 852 27, 491 24, 474 1,261 711 731 937 September October November December 6,966 7,582 6,906 7,426 38, 954 30, 685 29, 792 38, 922 4,056 3, 877 5,634 4,591 35,919 30, 692 42, 694 23, 124 22,530 35, 008 33, 114 30, 501 102, 331 156, 984 147, 716 136, 561 2,364 3,907 3,529 3,464 13,461 21, 923 21, 722 25, 468 3,018 3,791 2,773 1,863 20, 553 24, 956 17, 873 13, 077 42, 030 53, 907 29, 408 30, 585 38, 968 54, 258 51, 972 47, 845 253, 525 319,860 289, 263 267, 916 28, 739 31,398 29, 702 25, 337 656 715 729 762 1934 January February March April 6,650 7,961 10,000 7,954 34, 068 40, 550 58, 600 42, 683 3,029 3,787 4,225 4,488 19, 723 17, 057 19, 437 54, 181 34, 693 28, 037 44, 389 42, 009 158, 521 129, 795 206, 089 196, 775 2,571 4,838 4,615 4,836 15, 927 26, 735 29, 567 29, 998 2,213 3,152 4,893 3,769 14, 899 19, 825 34, 859 25, 738 17, 817 25, 279 37, 663 76, 422 49, 867 48, 036 68, 425 . 63, 347 261,320 259, 264 386, 483 426, 103 41, 244 31, 448 28, 406 31, 816 857 736 499 1,613 May June July August 9,245 7,827 7,436 6,854 48, 390 49, 601 41, 866 33, 669 3,755 2,891 2,416 2,703 20, 213 19, 026 14, 475 23, 865 34, 428 28, 346 20, 891 24, 548 165, 376 136, 679 108, 507 133, 033 5,378 4,188 4,846 3,453 35, 037 29, 006 34, 667 27, 859 4,586 4,073 4,711 4,143 32, 285 33, 717 31, 493 32, 981 57, 226 63, 026 58, 310 48, 089 57, 709 48, 064 41, 179 41, 853 358, 554 331, 147 289, 834 299, 507 27, 832 20, 350 23, 969 31, 349 847 469 387 303 September October November December 7,226 8,546 8,957 7,206 37, 077 51, 026 50, 930 33, 773 3,199 3,332 3,040 4,102 30, 025 14, 395 27, 810 24, 930 24, 272 28, 395 31, 553 29, 728 128, 056 148, 982 178, 432 152, 219 3,827 3,201 2,536 2,485 26, 564 23, 611 16, 483 21, 695 4,655 3,566 2,617 3,218 34, 726 26, 373 19, 198 27,028 41, 480 80, 398 48,201 23, 417 43, 453 47, 390 49,002 46,800 297, 950 344, 941 347, 344 283, 091 29, 612 27, 944 39, 082 44, 477 398 510 392 432 9,669 61, 792 3,794 16, 793 23, 518 112, 402 2,034 13, 595 2,724 28, 245 22, 359 42, 342 255, 367 1915 mo av 1916 mo av 1917 mo. av 19 j 8 mo av 191 9 mo. av... 9,240 1920 mo. av._1921 mo. av... 1922 mo. av_._ 1923 mo. av.._ 1924 mo. av_. . 6,870 5,437 7,936 7,727 7,989 1923 January February March April . 2 1925 January February March April May June _ July August 1 2 I 1 "1 """ I 1 *2 Data compiled by the F. W. Dodge Corporation. For complete description see opposite page. Estimates made by the F. W. Dodge Corporation. 3 Includes the following groups formerly shown separately: "Hospitals and institutions," "Public buildings," "Social and recreational buildings," and "Religious and memorial buildings." Details through July, 1923, may be found in the August, 1923 (No. 24), issue, pp. 94-97. 4 Grand totals include military and naval buildings and miscellaneous, in addition to the other groups listed. 6 Fire losses in the United States and Canada compiled by the New York Journal of Commerce include losses of $10,000 or over in the principal cities of the United States, Canada, and Alaska, each month's figures including an item of 15 per cent to cover small and unreported losses. Individual losses are given in the original publication of the figures. Monthly data from 1913 and seasonal index appeared in the December, 1923, issue (No. 28), p. 53. e Fire losses in Great Britain compiled by the London Times; prior to January, 1923, these figures did not include fires involving losses of less than £1,000, and thus are not comparable with later figures. 74 Table 43.—YELLOW PINE LUMBER [Base year in bold-faced type] Rol. to Eel. to 1919 1913 Relative to 1917 Relative to 1919 Shipments @4 Per M j feet Production Exports s Stocks, end of month Orders Shfpraents P M feet. b. m. NUMERICAL DATA 100 79 84 69 90 101 101 104 100 90 86 75 89 97 104 104 81 68 87 88 86 79 80 74 57 100 129 86 102 135 138 *114 147 239 234 156 197 207 182 100 98 88 153 141 144 100 100 &8 ,£ Thousands of feet, board measure RELATIVE NUMBERS 1917 mo. av 100 1918 rno. av_--_. 37 1919 mo. av 90 85 1020 ino. av 89 1921 mo. av 102 1922 mo. av 106 1923 mo. av 107 1924 mo. av NORTH CAROLINA PINE < SOUTHERN 'FINE LUMBER i Production Shipments Price, flooring3 Stocks, end of month Orders Shipments Production YEAR AND MONTH i 3 Production NORTH 'CAROLINA PINE* SOUTHERN PINE LUMBER » 93 90 163 151 154 423, 509 368, 325 380, 524 358, 015 375, 438 431, 633 450, 165 453, 376 441, 903 309, 160 379, 701 330, 229 394, 812 430, 673 458, 971 459, 483 445,405 354, 287 376, 070 308, 559 399, 677 451, 395 451, 944 463, 763 i, 371, 653 1, 116, 259 937, 748 1, 187, 587 1, 211, 174 1, 177, 627 1, 086, 042 1, 099, 374 37, 770 29, 007 50, 987 C5, 688 43, 615 52, 137 68, 004 70, 438 2 $31 54 II 33.76 55.00 74. 53 35.98 45.46 47. 70 41.89 Si, S30 33, 514 30, 164 52, 543 48, 257 49, 144 52,197 29, 791 29, 052 52, 498 48,539 ! 49, 337 1923 Januarv February March. _ April _. 109 94 114 101 123 99 111 X109 139 108 99 99 84 82 81 77 140 124 119 152 220 221 230 232 120 120 180 153 134 152 212 168 462, 571 400, 113 480, 966 428,471 543, 218 436. 772 489, 923 482, 758 622, 750 483, 339 443, 355 441, 903 , 146, 677 , 118, 834 , 107, 612 , 056, 358 71, 130 €3, 296 €0, 482 77, 254 50.78 50. 80 52.95 53.53 40, 950 41, G90 61, 460 52, 500 43, 120 48, 930 68,110 54, 040 May June Julv August. 113 106 107 113 115 94 100 103 91 79 83 97 74 72 78 78 155 181 162 133 224 212 202 195 129 126 136 153 147 139 125 137 478, 576 460, 408 452, 243 478, 015 509, 334 417,506 440, 257 456, 377 406, 131 353, 561 372, 779 434, 933 ,010,591 , 054, 133 1, 065, 574 1, 069. 295 79, 265 92, 280 82, 660 67,850 51.69 48.87 46.57 44.85 44, 170 42, 980 46, 620 52, 500 47, 460 44, 876 40, 110 44, 170 September October November . __, December 106 115 109 89 98 111 97 87 107 105 97 109 79 79 81 81 84 102 109 155 190 192 184 183 149 149 153 124 136 156 165 138 447, 034 486, 292 460, 685 376, 603 430, 963 489, 729 427, 285 383, 525 477, 724 468, 769 432, 512 485, 566 1, 087, 475 1, 089, 368 1, 115, 880 1, 110, 704 42, 681 51, 814 55, 540 78, 996 43.70 .,44. 17 42.27 42.21 51, 135 50, 869 52, 360 42, 455 43, 750 50,295 53, 200 44, 415 1924 January February March April 107 106 111 113 112 95 99 102 121 86 93 106 78 80 82 82 107 145 137 134 192 193 191 189 139 145 149 151 157 163 151 155 452, 214 447, 954 468, 285 476, 998 497, 038 419, 297 435, 417 448, 535 541, 282 384, 638 416, 926 471, 238 1, 068, 919 1, 094, 418 1, 123, 328 1, 131, 408 54, 324 74, 109 69,859 68,104 44. 28 44.54 43.99 43.55 47, 530 49, 784 50, 988 51, 660 50, 680 52, 325 48,482 49, 840 114 101 104 111 110 92 106 112 99 91 115 108 82 84 82 80 142 132 176 140 181 171 167 172 147 126 113 156 163 132 141 160 484, 501 426, 171 439, 967 468, 236 486, 486 406, 809 468, 575 493, 505 440, 790 408, 454 515, 336 482, 274 1, 129, 893 1, 153, 375 1, 124, 717 1, 103, 006 72, 597 67, 173 89, 707 71,293 41.66 39. 51 38.51 39.56 50, 400 43, 080 38, 843 53, 417 52, 430 42, 399 45, 332 51,555 110 109 100 100 104 112 109 96 100 113 117 96 81 79 75 76 127 144 112 118 173 175 184 193 145 151 172 128 138 174 168 140 466, 639 463, 009 424, 187 422, 347 457,732 493, 650 482, 758 423, 993 444,856 506, 478 524, 194 428, 688 1,115,375 1, 080, 026 1, 026, 246 1, 041, 774 64, 893 73, 121 56, 952 83, 119 39. 92 40.31 42.48 44.42 49,518 51, 849 58, 821 43,841 44 191 56, 042 53,844 44, 919 May June July August . September— — October November* December i 1925 204 46.95 July i The figures for southern yellow pine, except exports and prices, are computed data furnished by the Southern Pine Association. The method of computing is first to find the percentage relation between the actual production, shipments, and orders of the mills reporting and the normal production of these same mills. This per cent is then applied to the normal production of 192mills. The average production in the first four months of 1916, 484,065,392 feet, is taken as normal production. There are no separate normals for orders and shipments since these two items must be governed by production. Assuming that the mills reporting are a good sample of the industry, the resulting figures are equivalent to the actual production, shipments, and orders of the 192 identical mills, and hence a fair sample of the i ndustry. The same procedure is followed for stocks except that normal in this ease is 1,262,450,326 feet, the average stocks during 16 months ending April, 1916. The figures are based on actual reports from about 180 mills on production, shipments and. stocks and from about 145 mills on orders. Monthly data for 1921 and 1922 appeared on page 59 oi the October, 1923, issue (No. 26). Monthly data 1917 to 1920 appeared in April, 1923, issue (No. 20), p. 49. * Exports of yellow pine lumber from U. S. Department of Commerce, Bureau of .Foreign and Domestic Commerce. Monthly data for the first three months of 1921 and yearly averages back to 1913 are given in the December, 1923, issues (No. 28), page 56. * Data from U. S. Department of Labor, Bureau of Labor Statistics, and represent average weekly prices for the month for yellow pine flooring, grading B and better, at Hattiesburg, Miss. The 1913 monthly average, on which the index numbers are based, is $23.04 per thousand feet. * Data computed from reports on actual production and shipments as furnished by the North Carolina Pine Association, Inc., for mills varying in number from 31 to 5P. The computed figures given are obtained by first determining for a given month the per cent which the actual production is of the normal production of the identical mills reporting. This per cent is then applied to an arbitrary figure of 70,000,000 board feet, which represents the approximate monthly average normal production of the mills which reported in 1919. A similar per cent of actual shipments to normal production is applied to the same figure to obtain the computed shipment figures. The resulting figures represent a computed production as of identical mills for each month. The figures are of the same order of magnitude as the actual reported production and shipments, but avoid the rather wide variations due to different mills reporting in different mouths. 75 Table 44.—DOUGLAS FIR LUMBER1 (Base year In bold-faced type] Exports ' Produc- Shiption ments Orders Relative to 1917 Rel. to 1922 YEAR AND MONTH Lumber Timber Rel. to 1919 Rel. to 1922 Price, 3 No.l, common Production Rel. to 1913 Shipments 1919 monthly 1920 monthly 1921 monthly 1922 monthly 1923 monthly 1924 monthly average average average. . . average average average Lumber Timber Thousands of feet, board measure Pricey No 1, common Per M feet NUMERICAL DATA RELATIVE NUMBERS 1913 monthly average - _ _ 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average Exports » Orders 323, 301 361, 251 56,203 46, 848 23,299 23, 240 23, 647 22, 709 $9. 208 7.917 7.875 10. 375 15. 875 18. 250 374, 680 380, 850 297, 737 440,241 508,655 488, 819 355, 432 335, 735 298, 505 408, 848 515, 965 497, 700 415, 996 509, 015 509,'823 85, 095 37, 602 37, 936 51,225 43, 165 51,962 35, 646 40,427 25. 417 29. 917 11. 833 15. 250 19. 415 17. 250 100 107 100 112 224 187 93 93 93 90 107 109 85 126 146 144 110 104 92 126 160 154 122 123 100 150 151 204 172 207 122 116 148 155 156 149 182 176 139 115 131 127 127 146 166 147 121 97 153 130 212 212 234 234 424, 242 403, 561 515, 698 539, 871 503, 701 480, 289 589, 561 568, 074 577, 452 479, 317 545, 467 527, 248 31, 991 36,604 41, 658 36, 993 17, 349 13, 990 21,994 18, 636 19. 500 19. 500 21.500 21.500 149 163 132 154 166 177 144 154 115 109 112 119 181 191 168 189 95 123 312 319 234 212 212 201 521, 070 567, 626 461, 532 537, 185 534, 972 573, 266 466, 904 496, 897 478,373 455, 300 467, 933 496, 301 45, 501 47, 833 42, 150 47, 486 13,632 17, 641 44, 858 45, 817 21.500 19.500 19.500 18.500 155 160 160 136 165 161 154 132 139 124 120 118 157 175 181 235 308 214 413 691 190 201 201 190 542, 110 557, 330 557, 151 476, 483 532, 261 521, 518 498, 553 425, 585 577, 644 514, 145 498, 593 490, 406 39, 412 43, 971 45, 368 59,007 44, 299 30, 783 59,410 99, 343 17.500 18.500 18.500 17.500 135 159 149 145 147 164 167 174 120 111 121 114 444 223 202 175 604 361 294 361 212 212 201 190 470, 776 553, 749 518, 832 507, 193 473, 990 528, 681 538, 528 563, 149 500, 778 461,415 503, 065 471, 644 111, 340 56, 019 50, 576 43, 792 86, 849 61, 870 42, 277 51, 825 19.500 19.500 18.500 17.500 142 135 106 140 158 156 139 153 107 114 110 133 212 144 173 169 182 241 238 252 190 179 179 174 494, 524 472, 902 371, 634 490, 544 510, 595 502, 806 448, 514 494, 560 446, 759 473, 054 457, 673 554, 581 53, 219 36, 213 43, 519 42, 526 26, 201 34, 686 34,237 36, 202 17.500 16. 500 16.500 16.000 138 160 152 131 151 156 144 141 124 153 136 127 218 181 192 159 228 272 165 176 174 179 179 179 480, 333 543, 005 515, 694 446, 643 488, 391 503, 164 464, 930 455, 095 516, 974 637, 854 566. 131 527, 950 54,777 45, 489 46, 139 39, 931 32,766 39, 092 23, 758 25, 357 16.000 16.500 16.500 16.500 149 145 125 212 507, 385 468, 229 521, 110 100 100 86 86 113 172 198 310, 165 375, 128 248 281 276 325 129 166 211 187 100 14, 371 1923 January February March ...-. -.. May July August - September October November December - -. 1934 February March April May June July August ._ -- - .. . September . October - -.November December.. - 1935 January February March April 19,500 _ May June July.. August 1917-1921 appeared in the December, 1922, issue (No. 16), page 49. 2 Export figures are from U. S. Department of Commerce. Bureau of Foreign and Domestic Commerce. Monthly data from 1921 appeared in the December, 1923. issue (No. 28), p. 58. * Data from V. S. Department of Labor, Bureau of Labor Statistics, and represent average weekly prices for the month for the State of Washington. 76 Table 4S.—MISCELLANEOUS SOFTWOODS CALIFORNIA WHITE., FINE a WESTERN PINEi Lumber YEAR AND MONTH Production Shipments Stocks* end of month Pro* duction Shipincuts Stocks, end of month Production 109, 357 113, 424 113, 794 134, 467 110,423 97, 784 109, 032 110, 697 ProShip- Orders reducments ceived tion 74, 437 1921 monthly av 1922 monthly av... 120, 689 145, 916 1923 monthly av 137, 577 1924 monthly av 1923 September October November December 881,924 31,900 37, 284 36, 036 265, 113 287, 645 267, 276 40,273 76,840 128, 606 129, 140 135,251 1,063,658 791, 461 914,376 1,034,093 39,110 66, 387 101, 876 96,061 29, 114 45, 784 61, 972 76, 765 370, 303 382, 216 494, 177 568, 840 34,204 27,768 44,512 48,357 51, 460 46, 346 42, 959 44, 621 162, 479 173, 178 149, 253 70, 050 140, 278 112, 163 106, 071 109, 622 856, 094 919, 186 993, 484 894, 211 112, 959 122, 692 84, 497 45, 501 65, 051 59,088 58, 828 55, 471 376, 117 494, 537 489, 042 478, 054 52,803 45, 688 26, 693 19, 219 1923 January February March April .. . 64,093 59, 148 124, 188 175, 232 128, 711 116, 557 144, 948 131, 040 830, 534 766, 391 737, 489 779, 652 28,097 22,699 39,463 91, 929 53, 102 44,282 56, 156 54, 444 432, 247 367, 597 333, 169 328,640 34, 736 33,702 38, 714 49, 748 May June July August 197, 074 193, 505 179, 098 196, 623 153, 220 139, 096 114, 813 131, 025 820, 640 885, 077 947, 445 1,003,508 144, 244 152, 312 140, 679 172, 319 68, 019 69, 947 67, 931 78, 452 September. _ _ October November December 158, 103 116, 224 165,285 141, 918 146,871 120, 443 91,771 111, 681 1, 035, 332 1, 058, 585 1, 080, 360 1,027,497 136, 178 144, 424 95, 254 64,915 1924 January February March April 74, 101 102, 830 148, 073 172, 195 127, 838 141, 009 134,880 130, 222 966, 689 929, 473 936, 050 974, 168 16, 576 37, 163 55, 151 108, 329 May June July.__ August 180, 985 161, 669 146, 110 159, 877 131, 412 124, 385 125, 561 147, 774 1, 016, 922 , 057, 528 , 068, 266 ,077,246 September October . . November December 145, 737 141, 636 147,659 144, 203 120, 413 148,117 92, 278 125, 977 . 1925 January February _ _ March April Shipments Thousands 52,561 48, 263 68, 368 CALIFORNIA RED WOOD 5 Lath Thousands of feet, board measure 1917 monthly av 1918 monthly av__. 1919 monthly av 1920 monthly av NORTHERN HEMLOCK * NORTHERN PINE 3 60, 139 Pro- Shipduction ment t& Production Ship- Orders rements ceived Thousands of feet, board measure 35, 327 33, 169 33, 643 37, 974 30, 056 37, 051 27, 290 19, 431 37, 460 36, 404 44,243 28, 547 32, 759 35, 837 28, 745 39, 934 30, 576 9,581 6,357 49, 033 41, 018 44, 406 8,669 12, 574 13,290 10, 825 9, 882 11, 097 12, 292 11, 796 16, 986 23, 483 26,059 20, 416 18, 435 26, 088 25, 351 18, 920 39, 618 49, 035 53,240 48, 136 28,441 44, 010 49, 268 37,583 29, 472 47, 805 46, 861 38,129 56, 363 53, 526 52,741 41, 717 45, 234 54, 966 46, 153 36, 904 15, 324 12, 909 7,503 4,329 21, 948 10, 183 10, 085 6,121 25,073 23, 649 17,963 19,997 32,333 28, 171 27,888 20, 425 50, 901 52, 531 66,105 31, 527 47, 223 35, 659 51,988 53,589 41,447 48, 386 58,499 51, 492 49,728 42, 883 52, 720 43, 039 41, 870 40, 506 41, 912 40, 571 9,025 9,671 10, 607 11, 896 8,759 10,845 17, 241 14, 342 26, 614 21, 535 22,329 19,109 28, 334 28, 432 24,636 24, 117 37, 004 43, 896 59, 844 47,855 42, 799 52, 740 61,796 52, 744 67, 422 59, 658 66, 878 43, 347 405, 835 453, 155 507, 764 585,358 74, 071 51, 132 43, 483 76, 734 49, 611 34, 988 69,978 40, 658 35, 445 83,862 49,041 40, 230 18, 616 21, 668 19, 229 20,076 14, 381 11,281 14,105 15,091 27, 640 32,086 30, 344 30, 731 31, 170 32, 656 26, 364 26, 961 67, 938 55, 312 46, 385 65, 222 57, 326 54, 986 40, 712 56, 912 55, 336 38,966 23, 147 50, 570 62, 360 71, 821 60,851 56, 302 592, 114 654, 668 628, 591 640, 991 57, 379 48,037 22, 350 28, 207 47, 492 52, 328 44, 251 33, 265 47,046 54, 037 38, 052 34, 073 14,472 12, 131 5,163 6, 928 13, 306 15, 257 7,156 6,736 29, 293 24, 711 17,288 18, 710 24, 743 26, 260 24, 613 18, 249 51, 625 54. 774 69, 238 39, 785 50, 026 37,599 52, 056 39,522 42, 148 38, 921 41,744 29, 192 52, 381 63,171 63, 883 66,798 470, 725 528, 127 462, 311 496, 003 37, 552 36,347 36,638 52, 718 41, 720 46, 406 49, 905 42, 856 51, 453 45, 164 53, 315 48, 918 8,979 8,899 8,906 12,578 9,106 12, 105 12, 968 15,098 16, 528 17,951 18, 765 19, 136 18,002 19, 710 19, 800 18,821 38, 673 44, 367 62,367 51, 966 36,997 40, 773 38, 847 38, 040 49, 525 52,597 38, 462 30, 286 131, 127 60,362 133, 740 64,042 136, 499 79, 035 147, 177 * 89, 377 483, 814 538, 991 608, 260 643, 786 59, 360 58,662 52, 267 54,068 40, 405 40, 036 45, 758 46, 403 32, 322 33, 783 41, 053 52, 188 14, 092 14, 625 13,328 14, 675 11, 494 16,050 14, 849 16, 515 22, 794 20,951 27, 377 23, 255 25, 177 17, 505 22, 982 17,884 62, 021 41, 764 46,289 29, 525 34,303 25,099 56, 199 43, 116 659, 335 673, 923 630, 653 630, 157 56,369 41,333 9,185 21,007 51, 466 52,985 38, 529 38,984 42, 313 39,696 41, 976 60, 693 13,290 12, 381 2,314 6,831 12, 567 10, 108 6,957 4,736 22, 155 18,368 21,293 20,373 12, 159 17, 191 17, 964 16r899 32, 907 36, 610 33, 631 44,532 32,755 35, 099 53, 507 41, 104 43, 684 60,503 37,195 44, 695 33, 414 44, 457 40, 627 8,943 6,566 , 081, 443 142, 294 , 128, 395 126, 115 78,753 ,116,779 , 056, 162 39, 813 104, 829 102,239 89, 684 85,378 38, 986 28,48i 24, 622 46, 645 May ._ . . June July. August.... * The- Western Pine Manufacturers' Association has supplied figures showing the actual and normal production for the mills reporting in each of the periods shown. From these figures the per cent of normal production is obtained in each case, and this per cent is applied to the normal production of 54 identical mills. The normal monthly production of these 54 mills is given as 148,000,000 board feet and is estimated to represent 70 per cent of the output of the western pine territory. Monthly data covering the period 1917-1921 appeared in the April, 1923 SURVEY (No. 20), page 49. 2 Actual figures reported by about 20 mills each month to the California White and Sugar Pine Association; the number of mills varies from 13 to 26. 3 From the Northern Pine Manufacturers' Association, and includes reports from some 24 mills, both member and nonmember, located chiefly in Minnesota. Monthly data4 on production and shipments from 1920 appeared in September, 1922, issue (No. 13), p. 48. Compiled by the Northern Hemlock and Hardwood Manufacturers' Association, representing chiefly Wisconsin and upper Michigan mills, from actual reports of from 60 to 75 mills each month. Yearly averages covering the period 1913-1916 were shown in the August, 1924, issue (No. 38). The 1913 monthly averages on which the relative numbers were based are 37,664,000 and 36,442,000 board feet, respectively, for production and shipments. » The California Redwood Association has furnished to the Bureau of the Census the figures on the actual production, shipments, and orders received by 7 identical mills for each month of 1918, 1919, and 1920. These 7 mills represent 40 per cent of the capacity of all listed mills for these years. For the first 4 months of 1921 reports were furnished from 10 mills representing 56H per cent of the capacity of all listed mills. For the remaining months of 1921 reports are availalbe from 11 mills representing 71 per cent of the total listed capacity, and for 1922 reports are available from 14 mills representing 73 per cent of the total listed capacity. The actual average monthly production of the 7 reporting mills for 1918 was 14,984,000 feet. On the basis of 40 per cent capacity, the 1918 average monthly production of all mills is computed as 37,460,000 feet. Regarding this as normal production, there has been computed the probable production of the total redwopd capacity based on the proportion which capacity of the reporting mills bears to the total of all mills. The columns on shipments and orders received represent a similar relationship between the actual reported figures and the total capacity of all mills. 77 Table 46.™TOTAL LUMBER AND HARDWOODS NORTHERN HARDWOODS* LUMBER- All species Retail yards, 9th Fed, fees. DisU Produc- Exports2 tion* YEAR AND MONTH Board measure. M feet Stocks Hard- Softwoods woods Thous. of dollars Mft. b. m. Dollars per M feet, b. m. 2,197,334 2, 102, 537 2, 086, 531 2, 262, 175 2, 141, 144 178, 398 216, 066 149, 145 93, 959 91, 216 85, 220 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average. 1924 monthly average 1, 874, 419 2, 069, 522 2,059,875 1,762,264 2, 270, 551 2, 494, 008 2, 418, 838 85, 452 109, 268 7 $30, 995 129, 227 16, 786 100,587 13,838 128, 515 15, 496 145, 760 14, 651 161, 557 14, 029 , Composite prices 4 Sales 1909-13 monthly average „ 1913 monthly average , 1914 monthly average 1915 monthly average 1916 monthly average „ 1917 monthly average 7 WALNUT 3 Lumber Production Shipments Production Logs Made into Stocks Fur- lumber Ship- Stocks on on ments hand chases and hand veneer M feet, board measure M feet, log measure 28,318 31, 034 24,755 25, 296 31, 061 25, 390 19, 911 22, 067 26,041 30, 105 27, 813 33, 328 27, 509 19, 067 34, 204 38, 852 28, 533 1,807 2,538 3,529 1,927 2,391 3,144 10, 214 8,153 11,463 1,400 2,410 2,641 1.327 2,114 2,727 2,087 3, 282 3,106 215, 564 203, 175 153, 155 126, 744 127, 719 114, 026 $41.77 40.29 46.80 43.15 $49. 59 47.63 30.53 33.98 30.96 29, 241 32, 732 34, 206 27, 838 26, 500 37, 397 33, 352 1933 January February March April .. -- 2, 231, 014 2, 020, 775 2, 562? 294 2, 618, 479 130, 772 132, 534 128, 773 141, 630 8,714 5,509 9,712 13, 568 119, 256 130, 693 139, 248 144, 776 45. 54 48.23 48.52 50.19 34.36 35.12 36.12 36.96 42,003 43, 938 49, 070 45. 700 37, 771 28, 823 40, 512 40, 366 2,245 2,028 2,697 2,360 2,472 2,410 2,892 3,007 8,529 8,351 7,906 7,108 2,454 2,337 2,720 2,406 1,986 1, 582 2,002 2,038 1,957 2,412 3,176 3,389 Mav . ._ 2, 742, 801 2, 731, 978 2, 523, 128 2, 785, 918 152,927 172, 256 158, 937 157, 710 19,031 22, 208 17, 924 17,532 141, 407 136, 666 134, 748 130, 819 49.85 49. 26 47.46 45. 75 36.62 36. 27 34. 26 32.25 48, 531 41, 805 33, 608 31, 462 34, 388 39, 215 33, 364 40, 674 2,799 2,812 2,785 2,200 2,535 2,293 1,889 2,097 7,355 7,871 8,450 8,553 2,647 2,524 2,190 2,316 2,384 2,405 2,501 1,905 3,395 3, 658 2,934 3,332 2, 586, 319 2, 710, 563 2, 463, 326 2,066,538 128, 171 127, 844 145, 920 171, 642 17, 312 19, 507 15, 936 8,864 124, 335 114, 965 110,446 105, 268 45. 02 44.46 43.83 43. 52 31.39 31. 31 31.71 31.38 27,060 27, 900 25, 372 32, 310 37, 822 44, 469 42, 738 40, 087 2,213 2,578 3,009 2,730 2, 039 2,378 2,623 2,060 7,943 8,121 8,506 9,143 1,830 2,298 2,618 2,579 1,905 2,229 2,342 2, 083 3,368 3,441 3, 895 4,426 1834 January . - ....... 2,229,295 2, 425, 712 February March 2, 527, 790 April „ ,.—,,. 2,619,490 218, 557 159, 215 153, 337 148, 937 6,749 5,374 7,945 11,383 110, 027 118, 343 123, 382 124, 622 43.51 43. 71 45.30 44.40 31.58 32.80 32.36 32.52 43,525 .53, 576 51, 907 52, 249 28, S19 35, 592 34, 459 28, 070 2,561 2,702 3,078 3,704 3,088 3, 568 3,246 3,285 8,646 7,819 7,751 8,167 2,308 2,383 2,108 2,756 2,122 2,235 2,852 2,502 3, 634 3,782 3,060 3, 312 May June _ . July _ August 2,635,982 2,410,954 2, 237, 900 2,531,675 157, 769 138, 792 156, 814 151, 425 13, 333 16, 277 17, 160 17.364 123, 780 119, 488 115, 793 114, 621 44. 55 43. 29 42.20 42.04 32.00 30.59 29.45 29.12 37, 642 35, 185 27, 392 23, 952 24, 730 25, 328 22, 475 26, 625 3,647 3,375 3,736 3,660 2,428 .2,647 2,409 2,742 9, 355 10, 168 12,885 13, 813 3,339 2,443 2,256 2,061 2,880 2,573 2,521 2,544 3,801 3,694 2,910 2,419 2, 439, 220 2, 609, 998 2, 304, 835 2, 153, 206 159,613 157, 877 176, 055 160, 298 17,832 18, 984 17, 946 17, 997 112,273 107, 827 98, 767 99,393 41.03 42.44 42.51 42.82 30.74 29.84 29,86 30.61 19,732 14, 430 15, 713 26,923 30,286 32, 856 26, 835 26, 820 3,648 3,990 3,990 4,256 3,255 3,889 3, 352 3,818 13, 605 14, 556 15, 176 15,614 2,543 3,345 3,243 2,9Q2 2,746 2,997 3, 731 3,017 2,348 2,695 2, 931 2,686 43.02 44.12 31.18 31.68 _ Ju TIQ July August ._ _ „„_ September October November December _.,.«» . September October November December __,.__,. ._ , , __ . . 1935 January February March April. May June Julv August . , • 1 Figures in this column represent the total cut of 10 species of lumbar—yellow pine, Douglas fir, hemlock, western pine, redwood, maple, birch, beech, white fir, and sugar pine—representing over 70 per cent of the total cut of lumber in the United States. Annual figures for 1913 and 1914 are from actual reports to the U. S. Department of Agriculture, Forest Service, and from 1915 through 1920 are computed on the basis of actual reports to the Forest Service. Monthly figures for 1920 are obtained by prorating the cut of each species as reported by the associations whose figures are carried on these columns to the Forest Service total. For 2subsequent months prorating is done on an approximate average for the years 1917 to 1920. Exports consisting of boards, planks, and scantlings are from U. S, Department of Commerce, Bureau of Foreign and Domestic Commerce. 3 Data compiled by the Federal Reserve Sank of Minneapolis. Stocks represent the inventories of 19 companies retailing lumber through 588 yards in the Ninth Federal Reserve District; sales represent the total retail business reported by 21 companies operating 625 yards. Data for 1919 were estimated for a few companies on the basis of the correlation of reporting companies of 1919 and 1920. Monthly data from 1920 appeared in October, 1923, issue (No. 26), p. 59. 4 Taken as of the first week in each month from the Lumber Manufacturer and Dealer, and represent a combined weighted average for the respective series of lumber based on quotations on various grades for each species, and the species weighted according to annual production of the previous year, changing about May of eaoh year, when the new production figures are available. The softwood index is based upon seven species: Yellow pine, Douglas fir, North Carolina pine, white pine, hemlock, spruce, and cypress. The hardwood index is based upon 33 species: Maple, birch, basswood, elm, oak, gum, ash, cottonwood, chestnut, poplar, hickory, and 6walnut. Monthly data from 1920 appeared in January, 1923, issue (No. 17), p. 51. Compiled by the Northern Hemlock and Hardwood Manufacturers' Association, representing chiefly Wisconsin and upper Michigan mills. These figures represent actual reports from 60 to 75 mills each month. The hardwoods cut are mostly maple, birch, and beech. *7 Compiled by American Walnut Manufacturers' Association from reports of identical firms representing from 50 to 60 per cent of the walnut lumber industry. Seven months' average, June to December, inclusive. 78 Table 47—FLOORING AND NAVAL STORES MAPLE FLOORING i Stocks, Orders Unfilled Produc- Shipend of ments tion month booked orders Produc- Shiption ments YEAE AND MONTH TURPENTINE 3 OAK FLOORING J Orders booked Stocks, Unfilled end of month orders 4,572 6, 675 7,464 9,205 11, 563 11, 120 i | 1918 monthly av.. i 1919 monthly av.. 1920 monthly av._ 1921 monthly av.. 1922 monthly av.. 1923 monthly av_. 1924 monthly av._ 4,858 Net receipts (3 ports) -JSSL Stocks, (3eporPts) (3P°rts> Thousands of feet, board measure 1909-1913 mo. av_ 1913 monthly av 1914 monthly av 1915 monthly av _ 1916 monthly av._ 1917 monthly av ROSIN s Stocks (3 ports) Barrels 4,572 6,009 6,877 8,894 11, 470 10, 446 4,719 6,104 7,419 9,525 11, 429 8,956 11,780 9,000 16,500 20,900 22,500 24,900 6,160 7,250 5,800 7,100 15, 250 20, 900 26, 494 22, 807 26, 312 23, 034 59, 721 74, 513 111,396 5,537 11, 070 7,800 13, 595 23, 945 28,878 35, 306 4,781 11, 782 6,343 14, 058 23,723 28,313 35,900 26,500 14, 433 23,237 33, 729 23,006 33,609 43, 773 7,900 | 12, 736 15, 038 3 15, 240 12, 902 21, 869 10, 816 22, 205 33, 060 21, 752 26,572 44, 258 25, 726 46, 562 119, 138 3 31, 092 34, 013 46, 315 26, 762 28, 604 38, 567 83, 914 92, 260 93, 023 80, 202 275, 273 325, 956 322, 345 46, 423 270, 594 a 55, 937 3 200, 621 68, 983 200, 226 314,974 66, 574 83,049 309, 340 97, 575 266, 935 92,359 250,478 10, 039 10, 383 8,378 11, 479 11, 734 8,603 11, 848 8,259 8,121 11, 934 11, 805 7,865 15, 448 15, 963 30, 749 28,040 21, 343 23, 880 14, 163 5,106 8,991 12, 194 11, 085 8, 085 38, 280 26, 723 10, 193 12, 347 10, 101 10, 745 12, 411 22, 877 30, 103 34, 843 ._ _ 12, 518 13,442 12, 755 13,648 12,705 ; 12,243 i 13,010 1 12, 762 | 23,111 24,344 23,908 25, 156 12, 093 11, 791 11, 281 14, 444 22, 397 21, 872 20, 580 22, 324 23, 903 26, 357 26, 828 23, 473 25, 672 29,185 26, 431 24, 510 21, 991 23, 973 29, 269 23, 948 20,120 19, 014 19, 132 21, 230 35, 957 32, 296 35, 209 40, 925 29,797 26, 454 26, 582 24, 835 29, 601 31, 949 40, 161 44, 774 100, 522 79, 385 105, 800 111, 108 335, 702 332, 747 352, 465 349, 917 1923 January. _ ... February. March. April 13, 929 11, 333 12,344 11, 401 13,269 11,354 | 15,329 15,181 ; 25,023 25,539 23,161 19,060 24,481 36, 084 27,473 16, 033 18, 321 10, 924 40,200 24, 421 32, 236 24, 162 25, 031 34, 964 32, 068 30, 137 33, 4.58 39? 641 25, 298 25,447 25, 301 25, 297 23, 749 50,398 56,936 | 65,823 | 57, 356 10, 326 5,914 5,431 16, 267 38, 758 29, 238 14,596 15,312 67, 967 46,644 48, 445 65, 058 338, 957 282, 610 222, 501 202, 391 May June July August 12,069 10, 509 10,590 12,447 12,999 11,033 10,515 11,718 1 19,131 18,867 18,829 19,552 8,034 4,987 32,009 28, 067 22, 501 30, 108 22, 677 15, 081 17, 924 27,444 26, 816 33, 793 40,708 40, 634 49,548 38, 530 32,000 27, 355 34, 130 39, 014 40,580 43, 672 18,224 13,113 I 21,285 j 29,672 105, 626 116, 9j2 127, 098 138, 320 211, 063 215, 100 219, 135 263, 457 September ... October November December 10, 422 12, 312 11,813 11, 633 9,923 11,595 ; 9, 858 8,876 19,794 19,861 22, 159 24,239 8,603 9,394 9,022 35, 538 30, 551 30, 158 37, 851 40,306 38, 646 41, 467 41, 140 32, 873 34, 868 37, 714 47,700 35, 693 33, 253 26, 586 27, 986 36,375 37, 141 39,221 i 50, 318 114, 308 115,428 106, 088 119, Oil 289, 564 295, 389 316, 820 346, 220 1924 January,. . ._ . 10, 225 9,752 February 10, 070 March 9,900 April 8,109 | 8,698 I 9,186 8, 225 21,831 22,747 23,008 24, 383 14, 736 8,349 7,492 7,604 7,471 6, 472 7,425 J 7,546 1 8, 369 25, 243 25,406 25,557 23, 949 4,769 6,436 9,453 9,596 9,074 10,090 8,374 7, 761 7, 284 6, 935 22,440 23, 073 22, 931 25, 992 7, 553 9,237 6,864 8,366 8,124 8,859 37,064 10, 652 12, 735 1923 September October November December May June July August _ September October November. December. _. _. 1935 January February March April May June July August 6,682 7,707 7,946 10, 034 J 5, 671 7,163 10, 381 8,653 7, 3S°> 4, 819 7,331 20,311 26,804 i 42, 434 36, 722 30,706 34, 578 28, 265 21, 715 18, 681 34, 636 34, 342 30, 489 17,671 28, 546 14, 797 15, 129 15, 375 29,267 30, 654 26, 032 30, 421 31,117 28, 651 27, 435 18, 655 19, 534 17, 625 13, 902 30, 136 29, 033 32, 659 33, 927 31,080 30, 441 30,547 32. 442 42, 141 28, 688 26, 021 25, 867 38, 595 38, 222 40, 627 44, 677 66, 554 53, 052 51, 283 45, 938 10, 788 5,078 5,540 15, 581 41, 545 34, 148 23,487 22,456 61, 971 50, 610 30, 578 57, 310 306, 606 261, 109 226, 775 203, 159 10, 736 37, 769 32, 935 34, 057 35, 180 38, 185 33, 713 36, 814 39, 574 30, 853 30, 824 43, 080 48.847 49,706 50, 189 48, 842 45, 136 41, 164 36,093 i 41, 852 50,262 34, 949 39, 620 45, 440 40, 605 23,595 32,499 34, 200 43, 567 112, 571 110, 088 129, 907 124, 876 234, 644 241, 108 270, 218 274, 625 36, 125 42, 253 36, 975 38,011 42, 497 35, 721 34, 642 33, 833 34, 657 46, 103 39, 887 42, 564 41, 105 41, 795 43, 823 45, 368 36,005 47, 883 53,295 34, 364 25, 637 24, 924 26, 189 52, 856 41, 587 51, 489 61, 379 113, 209 92, 962 105, 007 119, 216 273, 721 228, 614 228, 673 256, 482 41, 768 34, 812 33,794 60,925 53, 772 8,391 49, 556 61, 279 222, 857 32,429 *. i i 1 Data on maple flooring (including also birch and beech) are compiled by the Maple Flooring ifacturers' Association, said to represent about 70 per cent of the industry. The data for the period 1919-1922 include reports from 20 identical mills; in 1923 an additiomal mill was included, while 3 mills ceased reporting at the beginning of 1924. Monthly data from 1920 appeared in July, 1922, issue (No. 11), p. 43. 2 Compiled by the Oak Flooring Manufacturers' Association from reports of[ 25 identical mills, said to represent about 90 per cent of the total oak flooring industry. Monthly data from 1912 appeared in May, 1924, issue (No. 33), p. 36. 3 Represent the receipts and stocks at Jacksonville, Savannah, and Pensacola as reported by the Savannah Board of Trade, Jacksonville Chamber of Commerce, Pensacola Chamber of Commerce, and the Naval Stores Review. It should be noted that the monthly averages are based on the season beginning April 1 of the year indicated and not on the calendar year. Data from 1920 appeared in June, 1922, issue (No. 1,0), p. 49. 79 Table i8,—WOODEN fWNITUBE ANB ROOFING HOUSEHOLD FURNITURE JTODsCASE GOODS i snip- YEAR AND MONTH ments Unfilled orders PIANO BENCHES AND STOOLS > New orders (value) Value, average per firm, dollars 1 919 monthly average 1920 monthly average .. __ 1921 monthly average . .. 1922 monthly average 1 923 monthly average 1924 monthly average Unfilled orders (value) Shipments Value Dollars $158, 311 135, 781 74, 969 86, 476 110, 133 88, 366 $204, 688 169, 616 46, 448 61, 808 93, 673 . 34,797 $147,799 102, 852 160, 592 111,057 109, 11.0 PREPARED ROOFING » Quantity Shipments Number of pieces Thous. of8 squares 84, 276 109, 750 89, 732 12, 465 10, 149 13, 689 16,540 13, 969 2,079 2,360 2,182 2,541 2,542 2,714 70, 018 119, 860 105,012 70, 523 86, 301 107, 938 125, 663 142, 700 14, 555 18, 061 20, 805 21, 707 2,956 2,847 2,396 1,960 112, 960 113,264 107,158 120, 705 87, 827 100, 430 88, 916 106, 442 95,405 100, 484 117, 977 101, 482 16, 286 17, 244 17, 887 15, 849 117, 733 97,988 75, 376 97,898 105, 637 102,310 90, 176 97, 167 116,646 97, 657 86, 443 90, 253 32, 759 116, 560 141, 003 116, 809 104, 141 103, 271 105, 804 86, 498 49, 594 30, 596 56, 163 37, 812 34 533 52, 964 52, 143 43, 231 34, 193 97,739 103,666 86, 977 76, 366 56, 070 57, 974 42, 713 33, 927 28, 781 26,820 29,813 36, 413 34, 042 31, 741 46, 881 48, 164 64, 472 65, 152 54, 560 64,952 16, 575 22, 360 18,464 26,080 44, 113 43, 208 38,121 37,024 54, 805 54; 553 67, 133 45, 592 115, 352 120,088 109,096 101, 968 43, 296 40, 120 39,528 20, 456 $40,260 23. 949 29,883 37,882 36, 950 $128, 088 32, 977 37, 639 40, 474 34, 820 58, 286 34, 282 33, 524 42, 346 37, 153 68, 575 28,812 45, 005 56, 317 48, 287 146, 646 71,067 DRY ROOFING FELflF* Production Stocks end of month Tons o 9, 016 « 12, 055 16,078 17,406 2, 427 2,296 1,908 1,952 2,917 2,814 14,362 14, 495 17, 297 16, 155 •2, 950 1,906 2,037 2,158 17, 679 14,037 11, 975 13, 351 2,853 2,486 2,279 2,582 17, 941 16,086 15,276 16, 723 2, 485 3,325 3,923 2,812 103, 388 135, 877 135, 895 135, 493 14, 837 19, 858 39,211 20,270 3,076 3,008 2, 585 2,043 15, 671 17, 892 16,153 14,885 2,171 1, 686 1, 592 2, 075 90, 923 13,839 14, 598 14, 358 11,918 2,380 2,915 2,560 2,350 14, 662 16, 263 16, 287 17,016 1,982 1,623 1,860 2, 590 50, 960 57, 112 10, 438 10, 497 8,194 9,698 2,496 2,331 2,596 2,747 17, 108 17, 593 17,597 18,171 3,247 2,878 2,813 2, 740 98, 000 123, 008 116, 728 119, 640 16,818 19, 751 18, 356 10, 167 3,192 3,227 2,416 3,363 19, 245 20,445 17, 327 17, 179 1,850 1,768 1,946 2,257 1922 September October November December 71,789 74, 007 52, 697 1923 January February March April . _. May June July August _> _ __ _ _ _ _ _ September October November December _ 1934 January February _ _ March. _ _ _ _ _ _ May June July August _ __ _ _ . September October November Decem ber __ _ _ 64,869 68,030 64, 540 40, 390 35,328 33, 547 40, 563 53, 840 54, 496 39, 287 46, 575 39, 961 31, 631 53, 609 53, 313 59,961 55, 797 46,019 101,165 94, 543 84, 691 71, 384 68,624 1925 January February March April _ May June July August _ _ _ __ _ _ from 4! from 14 firms in July, 1917, gradually decreasing until only 8 firms reported in 1923 and 1924. The figures are strictly comparable, however, as the 6 firms which ceased reporting went out of this line of business. Monthly data from.1917 to 1923, appeared in the June, 1924, issue (No. 34), p. 57. « Compiled by the 'Prepared Hoofing Manufacturers' Association, prorated to 100 per cent of the industry, from reports received1 from'60 to 90 per cent of the total machine activity, comprising all types of asphalt saturated roll rooQng whether surfaced or not and all types of asphalt shingles. Monthly data back to 1919 appeared in the September, 1923, issue (No. 25) page 55. < Compiled by the Felt Manufacturers1 Association, including reports from 16 identical mills. * A roof square is equivalent to 100 square feet of covering as measured on the roof. « Represents reports from 11 mills. 80 Table 49.—ENAMELED SANITARY WARE YEAR AND MONTH Orders shipped SINKS LAVATORIES BATHS Orders Unfilled Stocks received orders Orders shipped Orders Orders Stocks received shipped MISCELLANEOUS Stocks Orders Orders received shipped Stocks 145, 329 35, 089 31, 555 34, 655 29,367 40, 887 22, 201 23,405 77, 034 TOTAL SMALL WABE2 Orders Unfilled received orders Number 1913 mo. av 1914 mo. av _ 1915 mo. av 1916 mo av 1917 mo. av 1918 mo. av . 39, 831 42, 450 46, 977 51, 181 33, 172 19, 495 132, 369 34, 322 53, 428 57, 789 70, 626 74, 293 48, 419 33. 097 60, 530 21, 514 47, 754 49, 527 55, 769 65, 230 44, 888 32, 697 69, 872 36, 774 40, 911 93, 033 97, 316 97, 824 3 40, 816 137, 628 253, 957 168, 542 45,768 51, 438 58, 169 91, 512 110, 479 110, 283 139,751 43, 302 109, 318 79, 507 56, 408 143, 788 73, 612 53,438 56, 315 117, 222 121, 891 105, 170 54, 584 60, 231 66, 458 95, 327 114, 146 120, 381 125,814 66, 333 111, 764 93, 336 59, 188 154, 896 88, 018 57, 502 64, 577 124, 179 127, 919 113, 697 28,383 31, 062 33, 640 45, 531 57,913 70, 658 79, 869 47, 410 89, 394 68,400 51, 260 111, 138 ----- 25, 427 _. __ __ _ _ 34, 608 51,441 41,510 _ - 74, 814 90, 396 95, 629 42, 175 20, 951 75, 324 41, 768 35, 439 71, 193 78, 967 81, 783 78, 089 80, 563 21, 716 27, 436 34, 370 37,886 82, 878 79, 666 92, 810 97, 878 185, 603 178, 120 190, 070 205, 659 92, 412 90, 652 92, 973 92, 985 55, 881 60, 125 64, 822 67, 618 102,455 j 96,730 111, 726 126,934 1 92, 558 100, 072 98, 899 104, 564 60, 861 58, 442 64, 462 70, 491 315,968 104, 687 141, 428 135, 075 49, 054 45, 544 43, 706 48, 334 52, 025 51,645 52, 445 60, 123 60, 071 53, 195 63,535 67, 451 1923 January February March April ..... .. 92, 500 88, 912 97, 718 87, 992 42, 881 41,980 43, 222 35, 529 147, 505 135, 031 122, 567 105, 487 250, 369 301, 911 310, 740 318, 329 99, 058 89,684 110, 656 98, 396 66,417 61, 676 55,643 54, 982 181,707 164,450 157,961 143,344 121, 894 103, 571 118, 822 103, 705 63, 797 62, 828 65, 465 54, 093 204,931 175, 262 156, 906 138, 479 55, 844 47, 161 58, 621 54, 180 60, 466 52, 290 56, 909 55, 526 97, 798 849, 094 78, 211 1,021,260 72, 110 1,089,783 65, 228 1,135,863 May June July August 93, 583 78, 954 81, 082 90, 721 33, 866 29, 462 27, 107 30, 110 77,686 67,404 67, 770 76,221 296, 497 286, 888 245, 568 248, 844 109, 759 100, 672 99, 903 123, 402 44, 391 45,978 47, 763 47, 599 102,677 77,782 80,649 102, 730 110, 013 107, 087 104, 053 116, 916 51, 810 47, 539 48, 715 52, 718 107, 050 76, 582 80,430 103, 543 57, 866 59,204 52,946 62,093 49,984 47, 777 47,642 49, 489 62,288 ], 099,460 44, 998 1,038,045 49, 745 931,910 54, 486 828, 658 September October November December 87, 376 113, 718 91, 128 81, 069 29, 782 30, 429 37, 342 43, 557 75, 795 106, 780 86, 634 98, 916 201, 180 193, 805 190, 019 203, 329 113, 802 147, 648 121, 741 111, 029 46, 549 52, 110 69, 412 84, 373 91, 523 131, 849 108, 631 119, 387 107, 109 141, 407 117, 222 117, 955 50, 912 57, 963 67, 265 87, 147 93, 932 141, 702 120, 486 135, 726 54, 217 67, 492 61,388 63, 944 43,422 52, 529 47,294 51, 786 46,434 62, 824 63, 824 61, 533 777, 105 753, 386 724, 576 712, 620 1924 January February March April 95, 562 98, 568 116, 717 102, 984 52, 924 60, 462 63, 415 65, 299 114, 203 147, 511 130, 375 97,606 216, 295 235, 279 245, 921 239, 118 129,988 131, 921 149, 302 128, 002 103, 252 111, 044 118, 781 125, 695 137, 084 158, 696 144, 384 104, 210 137, 624 137, 523 157, 799 130, 247 97, 366 97, 962 100, 410 102, 458 159, 541 164, 877 162, 184 110, 813 74, 484 75, 537 88,371 79, 249 63, 964 60,095 77, 359 81, 561 87, 425 105, 168 81,839 61, 032 735, 131 790, 983 822, 176 728, 122 May _ June July August 101, 146 84, 665 97, 376 103, 232 64, 399 65,093 67, 848 63, 213 74,494 72, 978 93, 163 90, 955 214, 309 181, 907 169, 394 154, 659 110, 697 97, 963 93, 068 104, 308 134,088 140, 810 164, 702 149, 974 72, 441 78, 185 73, 890 97, 466 126, 627 112, 062 110, 070 115, 767 116, 826 129, 862 155, 483 164, 632 79, 864 83,507 89, 930 102, 855 78, 100 69, 186 67, 622 70, 832 94, 819 106, 031 105, 321 114, 550 48, 571 52, 917 45, 332 59,308 579, 854 458, 182 395, 697 339, 022 104, 622 93, 878 75, 075 73, 724 68, 373 88, 980 90, 112 104, 301 88,913 77, 361 77,068 109, 263 131, 904 79, 444 64, 876 89, 402 103, 002 105, 497 85, 790 83, 861 147, 318 161, 474 171, 999 196, 324 93, 358 93, 415 82, 765 126, 148 110, 666 114, 710 91, 625 99, 857 197, 932 215, 939 228, 438 251, 448 92,604 95, 717 91, 340 131, 127 75, 312 71, 508 50,711 46, 983 132, 121 158, 351 151, 675 187,812 62, 581 55, 261 48, 674 64, 444 286, 783 206, 332 174, 127 254, 625 1919 mo. 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo. av av av av av av 1923 September October November December ... __ ... __ September October. November December _. 41,900 27, 691 31, 803 3 129, 261 60, 933 406, 291 63,290 913, 480 64,379 480,920 520, 197 517, 589 604, 715 647, 839 1935 January February-March ._ ._ April.... May.. June July August 1 Monthly production data beginning January, 1922, represent complete production, including total membership of the Enameled Sanitary Ware Manufacturers' Association and reports to the Bureau of the Census from outside manufacturers, except that a few small firms were not able to furnish complete reports prior to January, 1924; data now include 21 manufacturers. Data prior to 1922 are totals of the association reports representing about 98 per cent of the industry, and may be found in the May, 1922,2 issue (No. 9), p. 81. Small ware includes lavatories, sinks, and miscellaneous. 3 Average of 8 months, May to December, inclusive. 81 Table 50.—BRICK CLAY FIRE BRICK 2 SILICA BRICK » i YEAR AND MONTH ProShipduc- ments tion i UnNew filled orders orders Stocks Production ShipNew ments Stocks orders 1 FACE BRICK * Unfilled orders Production Finished stocks at yards UnShipfilled ments orders 1919 mo. a 1920 mo. a ! 1921 mo. a _ . 1922 mo. a | 1923 mo. a 1024 mo. a 1933 May June July August Common red, N. Y. Per thous. Thousands of bricks >! W ole,,Je price l 50,750 ' 50,635 I 138, 779 60,725 62,460 129, 242 32, 029 29, 114 ' 136, 967 46, 512 45, 360 152, 629 60,325 | 57,895 168,423 55, 134 j 52, 153 226,043 51, 460 61, 808 22, 958 49, 082 56, 996 52, 840 93, 081 182, 535 35, 976 54, 824 85, 062 68, 823 14, 060 14, 882 5,246 11, 096 13, 015 14, 104 14, 016 15, 579 4,865 10, 521 13, 322 14, 937 41, 762 42, 912 41, 563 38, 287 42, 882 40,344 13, 458 14, 381 3,538 10, 864 13, 214 15, 599 40, 984 55, 016 12, 283 17, 398 36, 802 22,924 15, 647 18, 362 16, 383 22, 460 22, 987 24, 039 34, 010 53, 269 61, 983 60, 655 60, 141 58, 189 27, 525 48, 430 5 13, 967 17, 489 13, 328 20, 202 33, 257 46, 518 21, 351 35, 914 21, 505 15.96 21.85 15. 25 17.38 19.81 17.04 46, 816 48, 377 47, 238 51, 855 44, 120 45, 712 45, 884 49, 094 152, 248 153, 485 158, 222 162, 844 51,024 57, 834 55, 673 52, 278 45, 283 56, 830 67, 551 74,427 12, 227 11, 571 11, 339 9,659 10, 693 10, 670 12, 532 11, 681 37, 841 38, 737 37, 582 35, 731 10, 598 15, 872 12, 974 10, 524 14,939 20, 013 20, 495 19, 614 29, 264 28, 673 21, 922 25, 756 63, 867 59, 804 49, 959 51, 080 47, 572 43, 283 40, 434 41, 781 29, 202 28, 923 23, 379 26, 361 19.81 20.15 20.15 19. 00 j September October November December 48, 844 55, 984 56, 570 53, 644 52, 712 59, 279 54, 418 54, 539 156, 879 152, 127 155, 905 155, 010 59, 764 51, 134 54, 216 50, 883 79, 473 70, 831 71,086 67, 400 12, 852 15, 764 13, 864 13, 658 11, 336 13, 149 11, 348 10, 986 37, 113 39, 727 42, 278 45, 072 12, 662 12,035 11,894 13, 103 21, 057 19, 950 21,019 22, 990 24, 076 28, 555 23, 689 23, 309 46, 855 54, 473 54, 689 61, 908 38, 313 36, 836 28, 947 26, 388 20, 870 21, 075 20, 255 15, 206 10.75 15.25 14.75 17.48 1923 1 January . 1 February March April 64, 837 56, 094 66, 494 64, 660 57, 631 53, 323 70, 591 65, 253 163, 945 163, 392 159, 183 157, 657 64, 878 67, 153 99, 340 66, 778 75, 527 88, 736 118, 319 120, 604 14, 304 14, 541 16, 780 13, 977 14, 279 14, 417 17, 790 14, 362 46, 167 45, 504 44, 483 42, 251 18, 690 22, 134 36,407 10, 340 27, 990 34, 959 53, 576 52, 751 20, 149 16, 012 23, 004 23, 515 64, 877 70, 751 73, 756 65, 447 41, 087 51, 296 62, 139 67, 371 19, 087 13, 660 22, 384 26, 423 20.00 20.00 20.00 20.00 67, 215 63, 848 60, 074 62, 247 665 296 60, 319 57, 575 59, 474 158, 867 102, 398 166, 526 169, 318 53, 058 46, 223 47, 623 50, 630 107, 381 93, 285 84, 271 70, 534 16, 679 15, 257 14, 497 12, 398 45, 852 42, 265 37, 240 32, 917 26, 057 24, 040 25, 494 26, 786 60, 939 58, 875 67, 787 60, 197 67, 363 54, 128 51, 826 46, 252 29, 421 24, 563 23, 767 24, 334 20.00 20. 30 21. 00 20.39 55, 826 61, 226 54, 498 46, 878 50, 723 56, 501 48, 902 48, 151 173, 531 178, 864 184, 389 183, 007 48, 455 47, 972 44, 681 47, 158 73, 244 64, 364 60, 372 59, 107 31, 686 e 21, 862 6 45, 463 47, 861 29,011 i 25, 805 28, 895 21, 575 49, 303 24,477 56, 436 20, 939 40, 134 31, 979 29, 002 25, 641 19, 439 22, 646 17, 836 12, 650 20. 00 . 19.00 1 18. 00 ' 19. 00 56, 347 59, 511 65, 794 62, 708 54, 111 57, 594 58, 619 57, 204 198, 315 201,755 212, 551 216, 710 66, 080 67, 616 59, 122 56, 095 69, 833 79, 600 77, 878 81, 237 May 58,900 50, 734 June 45, 199 July .. .. August _. 47, 701 54, 027 45, 016 44, 510 48, 027 221, 583 277, 233 227, 954 228, 624 43, 728 37, 101 44, 990 46, 525 September.. October November December 1935 January _ February __ March April . May June _. July August 50, 657 54, 016 48, 403 53, 657 226, 136 230, 369 234, 835 236, 451 47,496 50, 582 51, 865 62, 874 1 May June July August . . - September October November December 1924 January February March April * 48, 480 57, 924 51, 830 56, 485 42, 304 41, 517 41, 437 41, 574 11, 556 12, 455 9,432 7,938 9,962 12, 130 9, 665 5,989 18, 004 16, 044 14, 578 12, 261 9,890 11, 239 8,514 8,486 41, 715 42, 607 43, 757 41, 261 8,590 8,564 8,398 4,067 13, 400 17, 355 22, 489 17, 180 i 70,938 | 14, 346 62, 920 9,612 80, 334 11, 555 62,265 ! 12, 336 15, 391 18, 247 22, Oil 17, 658 42, 298 41, 407 44, 093 43, 615 24, 812 22, 484 18, 340 14,010 28, 732 33, 242 33,229 ] 29,681 17, 366 19, 284 21, 066 26, 373 61,575 67, 997 62, 240 58, 462 33, 592 40, 524 44, 872 50, 086 11, 231 15, 363 24, 367 28, 482 20.00 20. 00 20.00 20.00 13, 751 10, 475 12,720 14, 567 44, 211 43, 349 42, 184 39, 953 7,568 9,518 8,683 10, 177 23,495 22, 539 i 18,501 14,111 ! 27, 954 25, 947 25, 605 27, 616 52,398 50, 895 51, 503 55, 081 46, 426 43, 653 31, 334 37,588 29, 760 25, 213 20, 527 26, 150 20. 00 20. 00 16. 00 13. 50 58, 867 55, 598 58, 581 67, 823 12, 287 14, 255 11, 830 16, 046 37, 370 34, 140 34, 990 36, 512 9,352 13, 742 19, 017 29, 483 11,756 10,663 ! 17,851 31, 287 I 24,825 26, 896 22, 637 22, 893 53, 316 55, 002 58, 304 71, 498 29, 210 28, 398 22, 791 22, 499 23,62i 22, 979 J8, 137 12, 225 14.00 1 14.00 ! 13.50 13. 50 9,705 11, 025 12, 679 17, 568 i i \ : 14.50 i | i ! i i ! - "i i i 1 Wholesale prices are monthly averages from U. S. Department of Labor, Bureau of Labor Statistics, vearly price averages from 1913 to 1918 appeared in the November, 1924,2 issue (No. 39), page 101. Figures for 1921 are from reports to the Refractories Manufacturers' Association of 68 identical mills with a monthly capacity of 78,645,942 bricks, which is estimated by the association to represent from 68 to 70 per cent of the total clay fire brick capacity of the United States. Figures for 1919, 1920, and 1922 are computed to this capacity, respectively, from reports from 53, 56, and 60 mills having a m onthly capacity for the years in question of 71,572,186 and 73,526,103, and 73,307,190 bricks. 3 Figures for 1921 are from reports to the Refractories Manufacturers' Association of 15 identical mills with a monthly capacity of 27,305,500 bricks, which is estimated by the association to represent from 78 to 80 per cent of the total silica brick producing capacity of the United States. Figures for earlier years are computed to this capacity from4 reports of 12 identical mills with a monthly capaci ty of 25,448,833 bricks. The figures are from 32 identical firms reporting to'th e American Face Brick Association each month. Comparable monthly data for the months of 1919 to 1922 are shown in the April, 1923, issue (No. 20), page 53. 5 Ten months' average, March to December, inclusive. 6 Prior to September, 1923, production figures included common and culls not infrequently burned in the face-brick kilns and since September, 1923, data represent finished face brick drawn from kilns; however, it is estimated that the difference in the methods of reporting has no serious effect on the comparability of the data. For stocks, data prior to September included the yard or shed inventory plus the estimate of the number of formed brick in the kilns which would turn out to be face brick, while since September data on stocks represent the inventory of finished face brick on yards. From September forward data on stocks are not directly comparable with those given for preceding months. 27456°—251 6 82 Table 51.—CLAY PRODUCTS PAVING BRICK* YEAR AND MONTH Production Shipments Stocks, end of month Orders received FLOOR AND WALL TILE a Cancellations Unfilled orders end of month Thousands of brick, No. 1 quality Per cent of capacity (No. 1 and No. 2 brick) 1923 mo, av 1924 mo. av 31, 495 24, 620 27,123 20, 957 78, 929 99, 588 24,699 21,485 2,207 1,957 86, 763 71, 115 80 70 1923 IVIarch April . 33, 316 23,397 70, 252 80, 170 24, 522 1,028 91, 752 91, 849 87 May June July August 34, 382 31, 105 30,529 33, 547 26,209 27, 251 27,092 36, 446 77, 662 80, 324 78,835 74, 39$ 34,475 38, 078 23,688 25,586 2,158 574 5,340 3,076 90, 644 110, 120 100, 444 102, 183 84 81 81 88 September October November December 34, 457 34, 317 28,212 23,592 34, 761 34, 287 21, 689 12, 979 86, 530 76,613 77; 570 86,930 28, 501 23,173 12, 601 13, 671 3,887 807 812 2,179 91, 048 64, 531 64,435 60,624 79 86 74 60 1934 January . _ February March April 19,664 19, 571 21, 656 22, 750 9,491 6,442 10,989 15, 827 91, 737 102,498 117, 451 122, 123 6,834 11, 136 33, 739 20, 847 1,164 110 88 665 51, 419 55, 482 78, 347 83, 184 46 50 50 57 May June Julv August 26,569 24,998 31, 452 26,569 24,507 27,786 31,300 32,400 122,303 111, 637 110,286 97, 407 46, 147 23,240 28, 747 21, 454 444 1,304 2, 855 594 100, 242 99. 314 92, 237 76, 867 September October November December __ 25,833 26,294 27, 078 23,000 31,563 29,142 22, 833 9,207 86, 875 73, 604 73, 846 85,283 27,070 16, 535 10, 839 11,235 1,538 924 1,620 176 74, 089 69, 496 45, 840 44, 059 1925 January February..- Shipments Production Quantity Thotis. of sq. ft. 4,545 Value Stocks (end of mo.) Thous. of Thous. of dolls. sq. ft. Average price 3 Ceramic White mosaic wall tile Dolls, per sq. ft. 3,985 $lt 315 7,934 $0.24 $0.40 4, 982 4,977 5,251 4, 812 3,843 3,805 4,206 4,414 1,242 1,154 1,238 1,372 6,710 7,222 7,815 8, 045 0.24 0.24 0.24 0.24 0.40 0.40 0.40 0.40 69 68 81 74 4,210 4,253 4, 495 4,167 3,874 4,117 3,933 4,214 1,289 1,394 1, 321 1, 397 8,046 8,034 7,821 8,598 0.24 0.24 0.24 0.24 0.40 0.40 0.40 0.40 88 91 89 75 4,400 4,714 4,202 4,079 4,082 4,367 3, 583 3,383 1, 384 1,547 1,236 1,210 7,733 8,011 8, 105 9,063 0.24 0.24 0.24 0.24 0.40 0.40 0. 40 0.40 1I i i July !' August 1 Compiled from reports of the Paving Brick Manufacturers' Association, covering from 24 to 29 companies each month, stated to represent from 66 to 71 per cent of the industry; further details as to size, quality, and geographical distribution may be obtained from the regular reports of the association, 2 Compiled by the U. S. Department of Commerce, Bureau of the Census, from data reported by 38 concerns who produced nearly 80 per cent of total production of floor and 3wall tile in 1923, including the entire membership of the Associated Tile Manufacturers. Details by grades and kinds are issued each month in mimeograph form. Ceramic mosaic price relates to %-inch square, selected, white; and white wall tile price relates to bright glazed, 6 by 3 inches, standard. The prices are weighted by the shipments of ceramic mosaic and white wall tile, respectively, of each firm reporting on these items. 83 Table 52.—PORTLAND CEMENT, HIGHWAYS, AND TERRA COTTA CONCRETE PAVEMENTS CONTRACTED FOR ^ PORTLAND CEMENT i FEDERAL AID HIGHWAYS UNDER ARCHITECTURAL TERRA COTTA CONSTRUCTION BOOKINGS * (end of month) 3 Wholesale price, net, YEAR AND MONTH Production Shipments without bags Stocks at end of month Chicago Lehigh Valley district Roads Estimated cost Distance Quantity Value Thous. of dolls. Miles Net tons Thous. of dolls. $652 895 743 1,163 1,348 1,235 mills Thousands of square yds. Per barrel Thousands of barrels Total 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 19J 8 monthly average _. _ 7,675 7,353 7,146 7,589 7,721 5,891 7,391 7,203 7,219 7,852 7,542 5,894 11,220 12, 773 11,312 11, 054 11,080 9,386 $1. Oil .89 .95 1.19 1.53 1.67 $0.89 .89 .79 1.03 1.40 1.75 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average . .1 923 monthly average 1924 monthly average 6,700 8,306 8,191 9,489 11, 448 12, 405 7,167 7,999 7,921 9,714 11,324 12, 146 9,809 7, 278 10, 161 9,572 9,258 13, 161 1.66 1.80 1.54 1.61 1.72 1.74 1.74 2.05 1.85 1.73 1.88 1.75 4,455 3,264 4,686 6, 595 6,580 7,679 * 3, 435 2,454 3,662 4,863 4,245 4,842 $274, 024 301, 883 14,529 14,638 5,252 5,629 5,930 10, 524 11,306 11, 470 1923 January February.. _ March _ April 7,990 8,210 9,880 11, 359 5,628 6,090 10, 326 12,954 11,477 13, 596 13, 045 11, 463 1.60 1.75 1.75 1.75 1.90 1.90 1.90 1.90 2,956 6,272 5,684 7,370 2,140 4, 725 3,737 4,550 247, 519 255, 408 258, 540 261,483 13,502 13, 954 14, 010 14, 014 16, 004 10, 126 15, 386 14, 320 1,798 1,219 1,790 1,823 12, 910 12, 382 12, 620 12, 967 14,257 13, 307 13, 712 14, 971 10, 144 9,168 8,081 6, 080 1.75 1.75 1.75 1.75 1.90 1.90 1.90 1.90 9,431 7,675 6,407 8,780 5,997 5,373 3,242 5, 606 267, 874 274, 080 275, 827 283, 666 14,238 14, 772 14, 779 14, 967 9,432 10, 775 8,057 10, 630 1,271 1,343 1,024 1,293 13, 109 13, 350 12, 603 9,997 13, 698 14, 285 10, 251 6,408 5,533 4, 612 6,991 10, 900 1.75 1.75 1.67 1.65 1.90 1.90 1.78 1.75 6,828 7,486 5,356 4,713 4,537 4,191 3,287 3,550 294, 943 298, 050 290, 387 280, 501 15, 433 15, 318 14, 934 14,429 8,604 9,112 10, 233 12, 990 1,057 1,029 1,143 1,385 1924 January February March April .. .. 8,788 8,588 10, 370 11, 726 5,210 5,933 8,995 12, 771 14, 155 16, 815 18, 189 17, 159 1.72 1.75 1.75 1.75 1.75 1.75 1.75 1.75 4,013 4,562 8,009 10, 196 2,613 3,421 5,798 7,004 274, 173 276, 963 277, 802 286, 814 13, 923 13, 800 13, 767 13, 926 16, 240 13, 227 12, 022 13, Oil 1,562 1,468 1,317 1,570 May June July August 13, 777 13, 538 14, 029 15, 128 14, 551 15, 036 16, 614 16, 855 16, 403 14, 903 12, 319 10, C66 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75 12, 500 8,948 10, 025 10, 286 8,527 4,939 6,214 6,010 302, 683 325, 181 333, 979 337, 398 14, 558 15,350 15,704 15, 694 10, 171 10, 807 13, 745 8,685 1,230 1,128 1,478 966 14, 519 14, 820 13, 141 10, 435 16, 827 17, 160 10, 289 5,506 8,404 6, 073 8,928 13, 913 1.75 1.75 1.75 1.68 1.75 1,75 1.75 1.75 6,839 6,806 3,000 6,958 3,818 3,211 1,891 4,661 344, 905 333, 121 311, 178 218, 398 15, 712 15, 538 14, 390 13, 287 11, 115 8,969 9,974 9,678 1,145 904 1,064 985 8,916 5,108 17, 720 1.74 1.75 4,513 3, 474 12,637 1,389 . __ May June July August ... September . October November December . . _. _ September October. . .. November December - 1935 January February. March _ April May 3une July August. .. __ * . __ _ 1 Data on Portland cement are from the V. S. Department of the Interior, Geological Survey, except prices, which are averages of weekly prices reported by tha 17. £. Department of Labor, Bureau of Labor Statistics. The cement industry is highly seasonal and its figures should be compared with corresponding months of previous years rather than with other months of the current year. Detailed data by months back to 1915, with an 8-year average for each month which can be used lor seasonal comparisons, will be found in the September, 1923, issue (No. 25), p. 47. Monthly price data'from 1913 appeared in December, 1923, issue (No. 28), p. 54. 2 Concrete pavements contracted for are from the Portland Cement Association, Highway Bureau. The total contracts include streets and alleys besides roads. 3 Data on amount of Federal aid highways under construction at the end of month specified are compiled by the U. S. Department of Agriculture, Bureau of Public Roads, and include all kinds of improved roads built with Federal aid. 4 Bookings of architectural terra cotta are compiled by the U. S. Department of Commerce, Bureau of the Census, from the reports of 26 identical manufacturers who produced about 95 per cent of the total architectural terra cotta made in 1922. Values exclude freight, cartage, duty, and setting charges. Monthly data from 1919 are given in the October, 1924, issue (No. 38), p. 52. 6 Of the numerical 1919 monthly average, 3,221,000 yards was actually reported. The remainder is the prorated portion of a total of 3,338,309 yards for the year of pavement less than 6 inches thick not allocated by class of pavement. This has been prorated to roads on the basis of the roads' share of allocated contracts. 84 Table 53.—CHEMICALS AND EXPLOSIVES [Relative numbers for base year in bold-faced type] CHEMICALS Wholesale prices EXPLOSIVES * Imports * Drugs and SulOils paar- EssenCrudel Chem- and tial drugs Potash Nitrate icals a fats a phuric of soda iii a~ acid » oils' eeMtieals i YEAH AND MONTH Index numbers relative to Aug., 1914 1909-13 mo. av. 1913 mo av ' 100 1914 mo. av 100 1915 mo. av 1916 mo. av 1917 mo. av-: 1918 mo av 1919 mo. av 19^0 mo av 1921 mo. av 1922 mo. av 1923 mo, av 1924 mo. av Relative to 1913-14 o Dollars per 100 pounds ! 100 100 100 ' 1.60 1.00 1.12 .91 .78 .73 .71 Byes and dyestuffs Sulphuric acid Vegetable C®al tar Total fertilizer Long tons Pounds Long tons Production Shipments Sales Stocks, end of month Thousands of pounds 18, 247 6,304 772 831 43, 177 52,155 45, 143 C4, 349 101, 535 128, 601 613, 692 807, 417 1, 098, 015 6, 476, 002 5, 538, 625 5, 293, 426 103, 391 119, 938 85, 639 30, 647 32, 747 28,, 627 702 3, 357 14,880 8, 739 20, 103 19, 205 19,088 153, 766 33, 955 110, 160 30, 767 45, 039 74, 084 83, 053 6, 691, 220 1, 774, 627 2, 415, 922 1, 067, 934 1, 039, 208 686, 158 939, 308 436, 684 354, 407 264, 467 693, 684 1, 493, 711 1, 309, 424 18, 713 54, 509 117, 994 74 620 77, 973 91, 371 89, 21G 30, 756 36, 762 33, 740 31, 080 36, 542 34, 340 28,926 35, 174 327 726 18, 316 18, 758 17, 067 8 3, 359 8 52, 081 67, 929 10,248 10,322 105, 954 14, 959 45, 174 258, 144 482, 036 512, 997 531, 986 438, 741 351, 229 525, 014 321, 240 664, 348 954, 922 1, 084, 890 1, 807, 272 55, 518 69,509 92, 074 65, 710 39, 982 43, 300 40, 626 35, 253 42, 024 42, 725 40, €4$ 34, 867 39, 857 39, 519 37, 049 32, 522 14, 944 15, 596 16, 231 16, 733 821, 847 1, 338, 3Q5 1, 606, 168 1, G90, 402 68, 668 72,424 89, 519 98, 236 39, 384 37, 501 39, 308 41, 180 39,060 35, 865 38, 846 41,900 38, 869 33, 473 36, 549 41, 986 16, 968 18, 583 19, 265 18, 230 21, 124 $1.00 1.00 1.30 2.00 1.70 Exports * 201 198 129 120 142 155 213 265 158 131 135 140 185 202 134 174 220 208 '1922 September. -.October November December 121 128 131 137 131 122 121 123 182 195 196 204 1923 January February MarchApril 135 132 133 132 124 125 128 134 208 239 253 253 124 126 128 126 135 141 151 157 .70 - .70 .70 .71 23, 221 17, 050 22, 226 25, 077 109, 064 86,302 121, 134 98, 577 956, 328 438, 592 702, 355 368, 586 442, 932 557, 844 501, 150 487, 450 August _ 132 140 143 142 137 139 141 136 244 231 219 208 127 126 124 124 153 145 136 129 .75 .75 .75 .75 10, 005 17, 975 19, 303 20, 496 107, 329 25, 204 58, 196 56, 637 906, 330 386, 573 797, 102 1, 619, 840 292, 347 475, 223 306, 477 178, 614 1, 830, 068 1, 002, 592 2,915,531 1, 008, 878 104, 641 117, 465 119, 423 95, 326 40, 991 34, 378 33, 247 37, 870 38, 551 36, 286 32, 685 39, 324 37, 331 34, 123 31, 806 36, 765 20, 703 18, 660 19, 378 18, 139 September October November December 158 158 155 149 133 135 139 144 206 206 206 205 123 124 122 122 1B6 138 138 140 .75 .75 .75 .75 13, 828 22, 446 14, 506 24, 322 51, 543 56, 788 30, 456 87, 780 810, 832 356, 297 531, 401 359, 665 292, 928 355, 239 171, 739 190, 943 1, 514, 228 1,543,869 1, 390, 927 1, 261, 631 130, 419 63, 789 85, 133 51,408 34, 663 37, 688 33, 800 31, 133 34, 453 37, 124 33, 683 30, 725 33, 429 35, 746 32, 914 29, 093 18, 375 18, 694 18, 810 19,290 1934 January February March April 150 153 155 158 141 137 139 141 190 180 180 208 120 121 116 116 138 132 128 128 .75 .73 .70 .70 25, 878 24,929 22, 618 10, 727 159, 275 149, 603 115, 919 73, 219 569, 897 848, 933 602, 817 1, 024, 042 165, 353 459, 306 199, 300 232, 291 1, 432, 721 1, 739, 400 1, 244, 264 1, 014, 824 85, 200 86, 942 73, 093 93, 828 32, 235 35, 081 34, 355 33, 858 34, 026 35, 349 33, 408 33, 674 33, 467 17, 088 32, 540 • 16,697 32, 368 16, 697 31, 398 17, 299 May. June July August 156 153 151 153 230 219 207 206 114 113 111 110 126 126 136 149 .70 .70 .70 .70 9,608 5,405 10, 266 9,482 73,541 37, 440 50, 400 61, 798 1, 884, 807 957, 377 640, 967 851. 858 268, 145 165, 843 344,609 230, 995 750, 815 1, 288, 177 1,818,873 2, 083, 228 126, 271 70, 486 98, 503 87, 707 30, 179 30, 817 31, 097 33, 890 31,043 32,842 36, 199 34,235 31, 561 31, 586 30, 765 33, 609 17, 744 15, 730 16, 399 If), 101 September October November December 157 156 157 155 137 136 133 134 142 142 143 153 210 212 222 2^1 111 110 112 112 143 147 151 158 .70 .70 .70 .70 19, 438 30, 525 27, 867 32, 316 68, 017 70, 454 65, 664 59, 300 1, 252, 439 848, 686 841, 524 948, 326 187, 401 355, 104 224, 963 340, 294 970, 880 1,079,935 1, 267, 978 1, 021, 596 76,457 102, 371 78, 366 91, 371 37, 158 41, 030 33, 973 31, 208 37, 062 39, 236 33, 591 31,411 35,777 36, 554 32, 513 30, 569 16, 314 18, 194 18, 355 18, 181 154 154 222 113 157 _ Mav June July 1925 January February March April 125 114 142 139 .74 .73 .70 .70 May June July August 1 Compiled by the Oil, Paint, find Drug Reporter from weekly wholesale quotations of 40 crude botanical drugs, 20 essential oils, and 35 drugs and pharmaceutical chemicals,2 respectively. The chemical price indexes from Chemical and Metallurgical Engineering include quotations on 25 chemicals and 15 oils and fats selected on the basis of their importance as representing bath qualitatively and quantitatively the principal branches of the chemical industry. These prices are weighted on the basis of total production plus total imports in the year 1923; The figures are averages of weekly prices. A similar index including 25 of the principal chemicals, oils, and fats used in the new indexes, with yearly data from 1917 to 1923. and monthly data for 1923 and 1924, may be found in the November, 1924, issue (no. 39), p. 105. 3 Wholesale average monthly price of 66° sulphuric acid at New York from U. S. Department of Labor, Bureau of Labor Statistics. * Data compiled by t>,, S.. Dfpartm-ent of Commerce,, Bureau of Foreign and Domestic Commerce.. Potash includes potash imported as chemicals and also the muriato and 5sulphate compounds used in fertilizers. "Total fertilizer" exports are made up largely of phosphate rock. Vegetable dyes are about 50 per cent logwood. Compiled by the U. 8. Department of the Interior, Bureau of Mines, from reports from 24 companies. Data do not include reports of manufacturers of ammunition and fireworks, nor production of nitroglycsrin, except in so far as nitroglycerin is used in the manufacture of other explssives. Detailed data by classes from 1922 appeared in November, 1924, issue (No. 39), page 107. s Relative to 12 months' average, July, 1913, to June, 1914. 85 Table 54.—WOOD CHEMICALS METHANOL (CRUDE) ACETATE OF LIME WholeShip- Stocks of Ex- 2 sale monts (end mo.) ports price 3 Production YEAR AND MONTH Dollars per cwt. Thousands of pounds .57 .81 .93 1.07 60, 109 74, 118 93, 025 98, 268 938, 766 929, 454 902, 422 850, 973 5,125 5,145 5,145 5,135 2,255 1,529 1,005 907 1,574 1,553 1,963 4,449 3.500 3.500 3.500 3.625 893, 418 730, 590 791, 457 713, 643 866, 339 667, 929 689, 028 684, 261 2, 000, 039 2, 044, 429 2, 133, 098 2, 194, 789 142, 361 191, 369 181, 497 81,058 1.13 1.13 1.13 1.13 98, 470 81, 912 87, 514 82, 040 813,499 796,541 765, 045 749, 363 5,091 5,123 5,135 5,135 907 936 1,120 909 9,007 9, 756 9, 767 14, 624 2,491 3,019 2,946 626 4.000 4.000 4.000 4.000 798, 369 736, 806 652, 955 654, 822 566, 870 629,250 514, 279 481, 111 2, 429, 617 2, 526, 412 2, 669, 895 2, 866, 218 108, 461 85, 063 63, 868 70, 226 1.13 1.13 1.13 1.13 90, 509 85, 864 78, 244 75, 289 760, 123 782, 579 796, 413 796, 794 5,130 5,190 5,190 5,210 1,024 1,189 1,311 1,451 8,227 12,628 14, 034 12, 144 18,034 18, 549 19,249 18, 800 223 336 1,424 1,348 4.000 4.000 4.000 4.000 574, 124 666,364 756, 746 624, 433 526, 623 732, 399 889, 362 753, 166 2, 902, 923 2, 851, 938 2, 726, 866 2, 592, 298 77, 351 49,184 76, 023 80, 535 .99 .93 .88 .88 65,722 74,130 8^080 67, 669 799, 988 S22r 502 816, 300 837, 783 5,194 5,217 5,217 5,217 1,367 1,260 1,130 1,594 13, 420 13, 173 14, 107 12,650 9, 022 8^548 9, 028 12, 460 23,402 27,623 32, 370 30, 535 326 1,119 1,622 1,421 4.000 4.000 3.875 3.375 705, 747 690, 403 741, 505 698, 126 642, 812 681, 057 617, 949 626,837 2, 632, 633 2, 738, 308 2, 749, 818 2, 656, 211 73, 768 120, 489 26,231 32, 188 .88 .88 .88 .88 78, 892 73,54! 78,661 74, 596 786, 174 814, 896 815, 824 849, 991 4,513 4, 495 4, 513 4,378 630 408 382 468 11,539 9,396 7,714 8,112 8,561 9,261 7, 056 11, 101 33,986 32, 291 23,757 19, 764 3,249 3,184 3,196 728 3.000 3.000 3.000 3.000 623, 107 492, 902 408, 132 444, 612 659, 564 472, 285 448,022 525, 756 2, 615, 144 2, 368, 760 1, 873, 932 1, 797, 729 60,651 51, 125 50,462 77,547 .75 .74 .65 .68 67, 841 53, 594 46, 536 47,198 866, 518 821,242 623, 940 663,715 4,339 698 4, 156 1,199 3,580 926 3,544 969 8,449 9,803 116, 98 10,273 10, 025 12, 047 11,698 8,839 18, 070 15, 259 11,855 13, 499 2,402 1,367 3,512 980 3.000 3.000 3,000 3,000 464, 702 539, 333 560, 904 523, 818 578, 381 621, 412 627, 586 593, 038 1, 656, 499 1, 551, 678 1, 370, 862 1, 315, 166 19, 747 50,901 42, 218 35, 310 .68 .69 i68 .68 49,850 57, 624 54, 861 55,350 645, 956 633, 428 538r 798 527, 802 3,724 3,784 3,700 3, 700 16, 261 13, 635 16, 490 14, 870 14, 143 14, 499 12, 902 11, 893 14, 823 14, 439 13, 180 12, 960 17, 938 13, 995 13, 145 7,724 11, 675 12, 973 14, 685 11, 814 1934 January February March April May June July August _- September ._ October November December . September October November December . 1935 January.. February March April May June July __ August Cords 112,448 124, 714 137, 700 104, 438 15, 721 13, 470 14, 960 13, 698 May June July•y - " ~ August "ET 2, 272, 585 2, 109, 222 2, 005, 803 2, 006, 617 1,467 1,769 733 2,210 . Dollars per gallon Gallons Daily CapacStocks capac- ity ity (end of not mo.) operating 522, 620 1, 017, 744 643, 379 797, 190 798, 382 902, 258 883, 831 894, 347 18, 616 18, 607 18, 385 15, 405 1933 January February March April Carbonized 2.550 2.750 3.250 3.500 9,771 12, 192 15,077 16, 137 12, 844. 12, 074 15, 345 19, 753 1933 September October November December WholeExsale 3 ports 2 price 2, 749, 407 8, 494, 877 2, 111, 395 35,836 14,269 23, 534 av av _ av av av Stocks (end of mo.) 635,563 666, 718 591, 225 13, 683 13, 424 9,804 $2. 781 1.867 2.256 3.844 3. 27 1 mo. mo. mo. mo. mo. Shipments 58,589 34,343 105, 860 100, 585 54,220 12, 421 4,885 10, 445 13, 700 10, 745 1,942 1,520 2,300 1,829 1,926 1920 1921 1922 1923 1924 Production WOOD 652, 021 324, 504 567,409 716, 144 574, 441 $2.56 .80 1.64 1.06 .76 78,580 34, 177 64,286 80, 787 61, 545 829,227 826, 847 942, 884 794,744 715,690 626 2,771 5,217 1, 890 5,171 1,183 4,036 681 926 709 581 275 3,000 _— • 1 Except for prices and exports, data are compiled by the U. S. Department of Commerce, Bureau of the Census, including through June, 1924, the reports of the National Wood Chemical Association, the total reports: from all sources comprising about 95 per cent of the industry during most of this period. Beginning with July, 1924, all data have been collected directly by the Bureau of the Census. The decline in reporting capacity in January, 1924, is due to dropping from the capacity records of firms with a daily capacity of 723 cords which had been idle for a long time. Monthly data on production and on consumption and stocks of wood for 1920 appeared in the September 1923, 2 issue (No. 25), p. 46, the 1921 data being revised in the December, 1923, issue (No. 28), p. 51. Exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. a Wholesale prices representing monthly averages from U. S. Department of Labor, Bureau of Labor Statistics 86 Table 55.—FATS, OILS, AND RAW MATERIALS l ANIMAL, FATS, GREASES, AND DERIVATIVES TOTAL ANIMAL FATS YEAR AND MONTH Production Con- sumption TOTAL GREASES Production Stocks Con- sumption TOTAL DERIVATIVES Stocks Con- Production sumption Stocks Thousands of pounds 1919 quarterly average.. 1920 quarterly average. 1921 quarterly average. 1922 quarterly average., 1923 quarterly average., 1924 quarterly average., 367,518 410,676 473,351 511,436 611,277 611,819 144,308 149,276 154,017 138,982 140,861 151,955 138,071 183,033 226,668 175,396 144,350 161,019 69,648 86,384 85,258 94,626 102, 238 98, 365 51,565 50,273 45,150 61, 249 67,999 64,735 67,374 69,695 95,407 53,711 56,748 47,989 264, 740 284,478 340,325 480,906 482, 386 550, 745 208,804 204,039 183,764 227,104 245, 689 268, 816 183, 695 165, 241 174,864 156,808 142,700 127,371 1933 Jan. 1 to Mar. 31... Apr. Ito June 30__. July 1 to Sept. 30... Oct. 1 to Dec. 31-.. 530,176 516,487 456,441 542,641 144,620 129,838 131,879 149,592 177,468 247,235 161,034 115,848 98,823 97,772 83,206 98,702 61,234 60,635 57,658 70,463 57,445 45,029 41,907 483,256 398,792 465,527 576,049 209,989 189,511 237,138 271,779 179,186 188,476 126, 595 132.975 650,926 617,830 548,327 630,023 147,979 128,073 133, 232 154,158 132,060 184,960 137,434 122,944 107,725 108,078 91,318 101,832 77,517 67,407 57,252 69,819 47,314 63,006 59,806 56,866 526,803 415, 216 440,474 547,049 268,134 226,020 220, 575 268,026 146,423 T 62,251 715,222 635,610 523,273 573,169 149,645 147,038 156,892 154,244 157,995 211,360 148,881 125,841 103,162 102,204 91,529 96,563 74,612 66,369 57,873 49,609 51,035 49,253 42,060 550,181 491,492 602,733 658,573 290,430 249, 776 245,045 290,111 139,606 131,009 11A, 269 127,593 1923 Jan. I t o Mar. 31... Apr. Ito June 30 _ _. July I t o Sept. 30... Oct. 1 to Dec. 31.... 136,135 1934 Jan. to Mar. 31 Apr. I t o June 30-_. July Ito Sept. 30... Oct. Ito Dec. 31.... 1935 Jan. 1 to Mar. 31 Apr. 1 to June 30. .. July 1 to Sept. 30... Oct. I t o Dec. 31... RAW MATERIALS FOR VEGETABLE OILS PEANUTS-HULLED CORN GERMS COPRA FLAXSEED YEAR AND MONTH Con- sumption Stocks Con- sumption Con- Stocks sumption Stocks Con- sumption Stocks Tons 1919 quarterly average. 1920 quarterly average., 1921 quarterly average. 1922 quarterly average. 1923 quarterly average . 1924 quarterly average. 42,153 25,276 21,161 34,674 46,245 37,353 22,184 10,665 5,869 10,705 40,844 2,893 463 344 191 277 1,161 1,826 213 1,800 541 62 102 864 45,239 48,631 52,031 1,348 1,799 614 245 412 762 1,102 39,800 32,011 35,641 41,960 35,426 2,980 11,148 33,184 2,931 2,581 1,250 2,001 319 392 630 2,250 6,615 36,645 36,395 30,830 36,889 40,143 8,224 53, 209 15,299 10, 507 6,542 10,472 39,464 35,086 33,279 7,070 38,243 36,751 2,071 35, 206 9,232 50,372 9,071 6,313 55,189 48,873 53,090 65,682 842 536 448 491 548 890 172,934 179,382 182,182 170,371 239,217 266,615 29,853 74,703 57,409 42,019 77,268 93,270 343 510 641 470 187,968 96,358 156,316 240,843 27,806 24,852 50,763 64,656 684 1,023 202 282 232,183 243,302 230,234 251,149 27,136 56,053 78,737 147,144 435 268,091 264,138 211,392 322,840 53,916 33,838 14,875 1933 Jan. I t o Mar. 31... Apr. 1 to June 30__. July Ito Sept. 30... Oct. 1 to Dec. 31.... 3,492 3,046 893 31, 741 26,964 39,148 39, 726 1933 Jan. 1 to Mar. 31... Apr. 1 to June30__. July Ito Sept. 30... Oct. Ito Dec. 31.... 1934 Jan. Ito Mar. 31... Apr. Ito June 30... July I t o Sept. 30... Oct. 1 to Dec. 31.... 5,238 12,113 5,399 1935 Jan. 1 to Mar. Si- Apr. 1 to June 30... July 1 to Sept. 30... Oct. Ito Dec. 31... See footnote on opposite page. 2,296 498 829 270, 449 87 Table S6.—VEGETABLE AND FISH OILS [Base year in hold-faced type; relative n umbers on opposite page] TOTAL CRUDE VEGETABLE OILS YEAR AND MONTH Production Consum p» tion Stocks TOTAL REFINED VEGETABLE OILS Production Con- sumption Stocks COTTONSEED OILCRUDE Production Con- PEANUT OIL— CRUDE AND VIRGIN Con- sumption Stocks Production sumption Stocks Thousands of pounds 1919 quarterly average 1920 quarterly average 1921 quarterly averagQ 1922 quarterly average 1923 quarterly average 1924 quarterly average . 1922 Jan 1 to Mar. 31 . .* -Apr 1 to June 30.-July 1 to Sept 30 Oct 1 to Dec 31 Jan Apr July Oct 1923 1 to Mar 31 1 to June 30 1 to Sept 30 1 to Dec 31 - - - 1924 Jan 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept 30 Oct 1 to Dec 31 _- 578, 748 474,776 504,318 434, 658 505, 647 554, 950 635,803 511, 121 504,034 459, 447 519, 273 576,568 506, 533 378, 498 332,003 324, 227 308, 159 276, 696 466, 795 344, 575 354, 760 266, 122 264, 017 333, 351 357, 407 263, 612 283, 729 240, 124 230, 824 248, 979 283, 591 352, 768 263, 529 223, 992 197, 604 194, 496 357, 501 285, 347 317, 757 232, 600 242, 750 288, 196 329,038 283, 350 323, 940 221, 954 234, 098 291,462 111, 271 94, 597 88, 668 57, 301 61, 798 70, 772 21, 902 3,271 9,683 5,599 1,563 1,658 53, 088 21, 267 10, 639 7,086 2,207 2,096 24, 038 33, 354 13, 453 3,594 1,900 2, 112 487, 796 202,045 294, 453 754, 337 523, 292 316, 395 297, 309 700, 790 376, 807 297,830 283, 997 338, 272 349, 726 141, 128 111,421 462, 214 244, 851 176, 337 239, 911 299, 396 352, 302 254,089 96, 297 193, 278 263, 993 43, 768 119, 195 503, 442 301, 788 95, 775 64,025 426, 226 55, 117 12, 194 64, 906 106, 988 11, 074 6,831 1,236 3,256 11, 552 8,487 6,260 2,045 6,699 4,876 1,141 1,661 562, 311 854, 105 335, 091 771, 081 654, 620 425, 185 339, 575 657, 712 279,963 292, 747 292, 291 367, 634 331, 733 176, 923 126, 847 420, 564 250, 668 180,363 229, 181 263, 085 282, 109 241, 914 81, 118 185, 273 306, 389 70, 711 93, 181 500, 720 358, 307 131, 981 69, 455 376, 648 60, 137 11, 733 34, 457 140, 863 1,700 1,998 1,147 1,406 2,354 2,138 2,545 1,791 979 2,205 3,121 1,296 666, 638 350, 344 344, 221 $58, 596 603, 908 459, 210 391, 898 851, 256 314, 984 232, 090 217, 062 342,649 353, 633 227, 041 164, 771 587, 960 218, 989 213, 004 242, 193 321,729 251, 622 198, 849 72, 298 255, 214 289, 928 95,540 116, 817 650, 497 307, 742 185, 149 104, 709 568, 248 110, 115 23, 338 44, 116 105, 520 1,122 1,328 438 3,744 1,718 2,377 1,628 2, 660 1,093 5,564 373 1,418 1925 Jan 1 to Mar. 31 Apr 1 to June 30 Julv 1 to Sept 30 _ Oct 1 to Dec. 31... COCONUT OR COPEA OIL— CRUDE YEAR AND MONTH Production Con- sumption Stocks CORN OIL -CRUDE Production Consumption Stocks LINSEED OIL Production Con- TOTAL FISH OIL Con- sumption Stocks Production sumption Stocks Thousands of pounds 1919 quarterly average 1920 quarterly average .. 1921 quarterly average __ __ 1922 quarterly average 1923 quarterly average 19^4: quarterly average 63, 886 32, 805 28, 247 46, 381 68, 980 48, 044 105, 564 73, 525 60, 274 75, 721 90, 377 99, 954 155, 220 93, 277 73, 143 111,401 72,689 48, 919 424, 350 24, 655 21, 870 26, 623 27, 836 29, 286 22, 408 22, 692 17, 987 25, 369 25, 753 28, 583 8,027 6,589 7,093 7,236 6,957 6,772 113, 232 121,318 120, 703 114, 361 163, 391 176, 397 47, 286 53, 551 59, 706 85, 754 95, 169 96,127 65, 425 78, 457 99, 611 100, 718 85, 549 81, 482 8,230 16, 507 12, 490 19, 008 20, 490 15,647 9, 791 12, 046 19, 559 29,446 28, 666 22,942 44, 609 45,225 52, 873 46,684 42, 638 33,885 1922 Jan 1 to Mar. 31 Apr 1 to June 30 July 1 to Sept. 30 Oct 1 to Dec 31 53, 404 47, 444 34, 217 50, 460 70, 448 62, 046 73, 597 96, 794 112, 014 131, 001 108, 557 94, 031 26,984 23, 917 26, 626 28, 964 28, 904 21, 306 23, 307 27, 957 7,546 7,073 8, 139 6,186 124, 941 70, 349 103, 400 158, 753 74, 396 92, 605 89, 096 90, 917 155, 252 97, 034 69, 036 81, 551 1,940 8,892 44,433 20, 765 16, 387 31, 324 38, 720 31, 354 32, 737 48, 412 69,547 46, 038 1923 Jan 1 to Mar 31 Apr. 1 to June 30 __*». __. July 1 to Sept 30 Oct 1 to Dec. 31 58, 750 61, 523 50, 131 65, 514 93, 368 82, 174 80, 566 105, 401 85, 996 88, 823 66, 083 49, 853 28, 222 28, 768 26, 630 27, 724 25, 803 24, 470 26, 527 26, 211 5,672 9,185 5, 874 7, 076 155, 148 178, 267 154, 588 165, 560 97, 669 105, 613 90,334 87, 061 71, 629 81, 453 91, 650 97, 465 4,694 11, 596 46, 402 19, 267 27, 507 26, 178 27, 399 33, 581 30, 886 39, 214 54,927 45, 523 1924 Jan 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept 30 Oct 1 to Dec 31 52, 684 38, 566 46,971 63, 954 105, 719 86, 670 106, 119 101, 307 51, 265 52, 948 39,900 51, 566 32, 986 26, 663 29, 835 27, 580 31, 704 26, 322 30,395 25, 912 7,535 6,450 5,169 7,935 177, 583 176, 187 139, 862 211,954 97, 846 100, 325 90, 521 92,814 87, 764 74, 372 66,773 107,019 5,314 6,900 27,532 22, 842 34, 893 29, 134 23, 816 3,925 41, 694 40, 483 43,440 9,925 - - 1925 Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept 30 Oct. 1 to Dec. 31 given on this and the opposite page represent the movement of certain more important vegetable and animal fats and oils, as reported quarterly by the i The figures3 gi Bureau of the Census, msus, Department of Commerce. The The data cover factory production, factory consumption, and factory and warehouse stocks. The stock figures refer to the amount on hand land at the end of each quarter. Quarterly data f]from 1920 appeared in August, 1923, issue (No. 36), pp. 115 and 119. 88 Table 57.—VEGETABLE OILS [Base year in bold-faced type] LINLINSEED SEED OIL OIL CAKE YEAR AND MONTH Shipments from Minneapolis COTTONSEED OIL, CRUDE a Stocks end of month Production LINSEED OIL VEGETABLE OLEOMARGARINE OILS Total Exim- 4 ports 3 ports Production LINSEED OIL CAKE ConShipments sumpfrom tion 5 | Minneapolis 6316 «334 6133 249 245 316 254 248 147 127 157 102 245 253 148 126 159 162 10, 026 7,856 8,157 8,156 10, 763 10, 958 18, 473 12, 069 15, 068 10, 790 17, 062 17, 370 96, 213 105, 656 102, 898 56, 438 59, 594 78, 828 110, 445 100, 955 109, 099 78,290 83; 577 8l', 607 17, 599 6 67, 495 16, 863 6 71, 390 21, 964 6 28, 499 6,978 53, 298 4,744 52, 295 4,117 67, 641 32 23 18 19 295 256 229 301 168 154 171 154 174 166 166 152 10, 051 8,404 8,080 8,661 17, 371 13, 407 15, 372 15,920 95, 787 86, 959 59, 328 36, 962 143, 944 100, 551 62, 726 39, 125 9,218 6,619 5,232 5,661 63, 112 54, 798 49, 080 64, 452 20, 877 18, 690 21, 054 18, 937 20, 633 19, 722 19, 722 18, 033 19 10 8 14 11 8 9 8 373 364 226 234 143 118 110 138 156 120 98 152 9,845 7,431 6,129 10, 058 10,011 12, 534 12, 905 15, 613 23,714 11, 833 5,103 7,588 20, 592 11, 489 8,659 15, 182 3,144 2,385 2,536 2,427 79, 698 77, 935 48, 349 49, 963 17, 596 14, 244 13, 277 16, 676 18, 454 14, 261 11,616 18, 081 36 99 146 147 64 177 162 115 7 13 22 25 124 164 156 211 158 186 186 183 167 179 203 175 12, 771 16, 778 15, 648 15, 297 16, 601 24, 071 26, 432 24, 475 34,620 94, 993 140, 658 140, 981 70, 470 195, 945 178, 402 126, 668 2,152 3,698 6,473 7,386 26, 577 34, 994 33, 462 1 45, 115 19, 122 22, 477 22, 483 22, 148 19, 854 21, 236 24, 101 20, 748 82 52 53 29 141 133 114 76 110 91 62 41 16 13 16 12 373 499 484 509 204 190 185 169 201 199 197 169 .13, 754 11,211 12, 212 8,930 24, 652 15, 832 16, 031 8,765 135, 935 128, 419 109, 436 73, 369 121, 148 100, 189 68, 886 45, 104 4,735 3, 827 4, 536 3,552 79, 742 106, 658 103, 431 108, 935 41 43 41 28 23 34 35 31 54 25 4 9 30 16 6 16 10 7 8 7 354 273 163 224 147 127 128 131 147 118 127 134 6,213 6,486 6,286 4,188 6,978 10, 241 10, 466 9,388 52, 130 23, 751 4,053 8,347 32, 736 17, 921 6,637 17, 922 2, 919 1,941 2,365 2,085 75, 806 58, 317 34, 856 47, 838 17, 732 15, 321 15, 519 15,900 17, 493 14,011 15, 095 15, 857 58 122 118 111 53 97 98 * 104 46 86 111 110 83 190 209 190 4 9 34 34 216 191 260 250 159 166 141 166 170 162 144 169 8,883 18, 564 17, 947 16, 825 15, 955 29,281 29, 572 31, 274 44, 116 82, 808 106, 795 105, 520 91, 756 210, 341 231, 359 209, 471 1,156 2,669 9,770 9,853 46, 118 40, 924 55, 582 53, 486 19, 260 20, 054 17, 062 20, 135 20, 202 19, 217 17, 115 19, 997 14, 720 31, 226 100 110 107 59 62 82 100 91 99 71 76 74 61 58 76 24 16 14 58 44 51 53 100 90 62 38 130 91 57 35 65 49 40 66 33 42 43 52 25 12 5 8 84 110 103 101 55 80 88 81 90 74 80 59 May June July August 6124 696 6141 8100 . 699 6100 1925 January February March April 1 11, 881 11, 798 11, 787 12, 404 19, 044 26, 877 117, 305 109, 372 66 55 53 67 !Mav June.. July August e 12, 102 6 12, 002 6 12, 151 6 12, 709 23,937 29,217 82, 238 105, 437 6172 6 305 1923 January February March April September.. October November. December 3 21, 387 6 26, 441 6 20, 636 6 30, 133 6 36, 850 6 65, 295 NUMERICAL DATA 6105 198 . 241 106 99 61 40 50 36 57 58 May June July August Consumption^ 39, 042 17, 758 31, 641 16, 977 11, 788 10, 437 66 52 54 54 71 72 _ Production 30, 166 20, 684 17, 188 18,706 18, 428 15, 998 85 110 1924 January February March April Total imports4 Exports 3 15, 210 11,868 9,862 10, 662 11, 158 9,271 6100 100 69 57 62 61 53 September October November . December OLEOMARGARINE 100 99 99 105 161 227 100 61 109 58 41 36 100 78 65 70 73 61 monthly av.. monthly av_. monthly av__ monthly av-_ monthly av-_ monthly av_. Production VEGETABLE OILS Thousands of pounds RELATIVE NUMBERS 1919 1920 1921 1922 1923 1924 Stocks end of month Relative to 1913 Relative to 1913 Relative to 1919 1913 monthly av._ 1914 monthly a v__ 1915 monthly av_. 1916 monthly av 1917 monthly av__ 1918 monthly av._ COTTONSEED OIL, CRUDE « — 30, 733 29, 081 29, 957 30, 014 17, 840 17, 518 15, 396 14, 969 18, 965 18, 872 19, 294 19, 156 24, 700 23, 841 22, 962 23, 616 22, 419 23, 345 20, 461 20, 083 j ! ll I " Data on shipments of linseed oil and cake and rneal from Minneapolis Chamber of Commerce; imports and exports of vegetable oil from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; cottonseed oil from U. S. Department of Commerce, Bureau of the Census; oleomargarine production and consumption from U. S. Treasury Department, Bureau of Internal Revenue. Monthly data from 1920 for all items appeared in May, 1922, issue (No. 9), p. 87. 2 Figures for 1917 to 1924 are monthly averages of cottonseed-oil production and stocks on hand at the end of the month during cotton-crop years (beginning August 1, of the preceding year and ending July 31 of the year to which the figure is credited). 3 Includes cottonseed, corn, and linseed oils. 4 The following oils are included: Chinese nut, cocoa butter, coconut, cottonseed, olive (inedible), olive (edible), palm, palm kernel, peanut, rapeseed, soya bean, and linseed. The figures for Chinese-nut, inedible-olive, and rapeseed oils, which are reported in gallons, have been converted into pounds, allowing 7M pounds per gallon, 5 Colored and uncolored, as represented by tax-paid withdrawals. 6 These figures are for fiscal years beginning July 1 of year stated. 89 Table 58.—FLAXSEED AND COTTONSEED l [Base year in bold-faced type] FLAXSEED MINNEAPOLIS YEAR AND MONTH Receipts 3 FLAXSEED COTTONSEED DULUTH COTTONSEED Stocks, ShipShipReend of ments 2 Stocks s ceipts 2 ments 2 Stocks 3 month * Receipts 2 Shipments 8 Relative to 1919 Relative to 1913 100 100 100 100 100 69 64 79 53 56 30 50 62 63 53 98 39 56 83 22 44 47 58 33 33 49 35 56 34 31 75 34 49 31 8 av. av. av. av. av. av. 61 59 50 44 91 107 67 33 73 69 87 204 26 97 416 30 87 73 18 40 35 31 58 124 16 25 41 26 39 109 4 28 41 8 13 23 100 1923 January- -. February.. March April 50 27 33 52 79 37 52 40 5 3 7 4 13 4 7 5 33 3 4 2 May June July August 42 50 38 116 19 35 33 64 26 60 23 13 23 52 11 23 September October November. December. 273 196 133 87 171 253 162 100 155 215 329 205 1924 January February. . March April 43 25 25 22 88 86 108 94 Mav June July August 31 31 28 28 m. m. m. m. m. m. September October November. December . 1935 January February.. March April Receipts ' Shipments J Stocks 3 Stocks, end of month * Short tons NUMERICAL DATA 100 1919 1920 1921 1922 1923 1924 Stocks a Thousands of bushels RELATIVE NUMBERS 1913 m. av. 1914 m. av. 1915 m. av. 1916 m. av. 1917 m. av. 1918 m. av. DULUTH MINNEAPOLIS 943 647 512 741 502 524 156 233 1,038 1,099 3,751 47 78 97 98 83 228 90 130 194 52 457 487 596 341 346 538 382 613 377 338 2, 060 948 1,360 846 208 5 661, 192 489, 442 58 58 57 65 70 575 552 469 412 862 1,008 105 51 114 107 136 318 60 226 970 69 203 169 182 412 362 317 606 1,286 175 278 454 281 425 1,203 119 758 1,117 230 365 630 512, 448 296, 219 299, 101 291, 979 334, 556 356, 293 3 1 1 103 60 30 12 469 257 309 486 123 58 81 62 12 6 17 9 136 43 75 55 365 35 45 26 70 40 17 9 527, 777 305, 096 154, 103 61, 529 15 34 11 17 1 11 12 3 5 3 2 24 398 474 358 1,096 29 54 52 100 60 140 53 31 238 542 110 235 163 378 116 191 14 290 343 85 23,675 13, 536 12, 786 123, 003 122 235 148 59 55 143 64 82 26 64 23 17 82 144 157 145 2, 577 1, 852 1, 255 817 267 395 253 156 360 500 767 478 1,266 2, 434 1,531 608 606 1,574 699 900 715 1,753 627 474 421, 746 739, 947 803, 947 741, 949 176 121 70 35 15 10 11 10 18 20 13 12 13 6 6 7 113 75 46 26 403 235 233 210 137 134 168 146 410 283 156 81 159 102 112 100 199 218 143 133 359 229 165 187 578, 378 386, 018 233, 462 130, 120 65 49 37 21 30 11 1 3 20 9 11 3 14 12 10 10 3 4 3 2 13 6 4 18 294 296 267 266 101 76 57 32 70 27 3 7 210 93 119 31 157 133 109 114 188 104 90 65 66, 182 29,053 21, 711 92, 649 245 388 271 145 495 880 297 231 12 91 127 194 130 636 572 63 89 430 576 110 38 82 65 40 74 169 231 239 2,315 3,655 2, 551 1,366 772 1,374 463 361 27 212 295 453 1,349 6,587 6,923 652 975 4,723 6,329 1,204 1,036 2, 243 1,801 1,092 380, 443 855, 128 1, 184, 803 1, 223, 863 133 111 186 22 29 32 1253 173 434 228 324 888 May June July. August «129 96 1 1 I 1 Cottonseed stocks at mills from U. S. Department of Commerce, Bureau of the Census. Data on flaxseed from the Northwestern Miller. Monthly data for 1920 appeared in August, 1922, issue (No. 12), p. 94. 28 Monthly figures arc totals of weekly figures with first and last weeks of month prorated, Stocks at end of week nearest the end of the month. * Relative number less than 1. 'Yearly averages are for crop year ending July 31, 90 Table 59.—ARGENTINE MOVEMENT OF GRAIN AND FLAXSEED [Base year in bold-faced type] EXPO&TS1 Wheat YEAR AND MONTH Flour Corn EXPORTS1 VISIBLE SUPPLY » Oats Grain Flaxseed Wheat Flaxseed Wheat Corn Flour Corn Oats Grain Rel. to Thous. 1914 ofbbls. Kelative to 1913 VISIBLE SUPPLY2 Flaxseed Wheat Corn Flaxseed Thousands of bushels ^ RELATIVE NUMBERS NUMERICAL DATA 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. 1918 mo. av av av av av av 10O 54 93 115 90 141 100 100 100 100 100 100 35 89 82 33 107 74 91 98 19 14 40 67 90 31 61 83 96 63 14 38 37 179 396 183 276 149 219 299 106 103 100 194 326 71 3209 1919 mo. 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo av av av av av av 263 138 30 73 65 117 181 58 133 146 52 92 59 58 61 37 46 44 32 52 84 103 134 91 113 116 164 147 158 189 264 178 195 108 103 111 239 69 57 63 35 53 60 86 66 60 103 102 107 14 11 63 7 66 76 76 45 71 71 100 129 January February March. April 97 56 42 64 140 382 207 197 80 29 15 20 141 101 73 27 241 196 242 177 May June July August 35 75 40 84 181 168 103 110 65 115 108 79 141 28 28 23 September October November December 63 86 82 59 113 73 49 27 84 63 38 40 113 138 211 226 145 261 291 298 135 102 155 112 131 126 117 63 109 135 105 165 8,613 3,003 7,692 7,028 2,866 9,177 15, 771 11, 622 14, 208 9, 429 2,933 2,181 5,108 2,031 3,403 4,618 1,560 3,112 3,336 2,761 3,219 2,099 464 1,284 2,588 964 4,641 10, 258 4,740 7,130 3,4% 5, 193 7,647 10, 445 3,717 3,617 "28 1,415 2,374 515 8 1,520 359 200 394 243 298 472 308 161 35 85 76 10, 064 15, 571 5, 002 11, 444 12, 560 8,154 14, 471 9,301 9,092 9,670 1,914 2,355 2,242 1,636 2,647 2,807 3,446 4,463 3,038 3,779 2,992 4,240 3,814 4, 101 4, 903 6, 845 6,233 6,830 3, 767 3, 600 3, 867 8,350 2, 617 1, 457 2, 867 1, 768 2, 168 3, 433 114 217 206 114 137 137 137 330 81 67 74 41 4, 589 5,183 7, 371 5, 047 9,408 16, 172 16, 068 16, 835 709 569 320 374 2,199 2,550 2, 519 1,486 1,850 1,850 2,590 3,330 4,000 7,600 7,200 4,000 1,000 1, 000 1,000 2,400 172 200 286 329 46 23 34 92 275 357 549 659 114 65 49 75 12, 038 32, 904 17,829 16, 926 12, 593 4, 578 2,440 3,120 7, 218 5,183 3, 722 1, 365 8, 027 6, 523 8,080 5,902 4,440 5,180 7,400 8, 510 1,600 800 1, 200 3,200 2, 000 2, 600 4,000 4,800 98 108 99 49 229 143 186 143 172 229 229 137 440 302 275 220 41 88 47 98 15, 615 14, 484 8, 813 9,506 10, 202 18, 106 17, 067 12, 492 2,112 1, 455 1,433 1,169 3, 268 3, 590 3, 297 1,621 5,920 3, 700 4, 810 3,700 6,000 8,000 8,000 4,800 3, 200 2,200 2,000 1, 600 37 43 51 28 48 43 24 36 172 143 114 157 103 114 92 57 192 165 110 30 74 101 96 69 9.725 6,256 4, 246 2,343 13, 251 9,877 5,963 6,349 1, 893 2, 174 2, 625 1,415 1,609 1,447 796 1,186 4, 440 3,700 2, 960 4,070 3,600 4, 060 3,200 2,000 1,400 1, 200 800 220 20 4 10 51 90 100 105 66 223 283 205 205 243 357 415 343 29 17 40 114 495 714 879 714 132 162 247 264 12, 471 22, 471 25,. 055 25, 624 3,203 565 1,603 8,023 4,610 5,117 5, 374 3, 391 7, 454 8,778 6, 848 6, 828 6,290 9, 250 10, 730 8,880 1,000 600 1,400 4,000 3, 600 5, 200 6.400 5,200 201 218 118 98 134 177 179 129 67 75 63 96 140 122 114 93 257 272 257 286 240 309 378 458 357 330 412 495 158 189 181 131 17,315 18,812 10, 1/8 8,467 21,142 27, 902 28, 293 20, 363 3, 445 3,848 3, 236 4,894 4, 658 4,060 ! 3;810 3, 098 ! 6, 660 7, 030 6, 060 7, 400 8, 400 10, 800 13, 200 16,000 2, 600 2,400 3,000 3,600 60 69 147 118 123 93 69 133 229 186 186 143 389 355 309 229 412 302 247 302 153 148 5, 206 5,937 23, 173 18, 627 6,308 4, 767 2, 306 4,434 5,920 4,830 4,810 3,700 13, 600 12, 400 10, 800 8,000 3, 000 2,200 1, 800 2, 200 265 32 385 6,849 1,128 2,800 1933 September October November December 1933 1 1924 Januarv February .... Mi arch ». April May June. July . August September October. November December _ I 1935 January February March April May j _ July August ! |" | "• 1 1 Early data on Argentine cereal exports from the Boletin Mensual de Estadlslica Agricola; current data from the Estadistica Agro-PcctLwia, publications directed by the Argentine Minister of Agriculture. Figures are converted from original data in metric tons. Monthly data from 1920 ar.pcai'ed in October, 1923, issue (No. 26,) p. 51', 2 At end of week nearest to end of month. Visible supply of wheat and corn in chief ports reported by Modern Miller. Visible supply 01 flaxsesd as reported in tho Oil, 3Paint, and Drug Reporter. Ten-month average. 91 Table 60.—CROP PRODUCTION [Base year in bold-faced type] WHEAT CORN Winter Spring BARLEY OATS Total RYE TOTAL BREAD GRAINS RICE POTA- APPLES HAY, (total) TAME TOES TOTAL VALUE OF CROPS 0) YEAR AND MONTH Relative to 5-year average, 1909-1913 A.— RELATIVE NUMBERS 1909-1913 average 1914 final estimate 1915 final estimate 1916 final estimate 1917 final estimate 1918 final estimate 100 155 153 109 94 128 100 100 100 101 137 111 141 136 100 107 126 100 116 141 100 123 155 140 180 261 100 104 123 99 117 112 99 121 171 145 161 100 115 101 80 124 115 100 119 149 93 93 134 100 99 111 95 113 92 100 84 144 64 91 145 143 130 110 94 96 100 106 130 138 126 116 100 107 121 159 236 251 1919 final estimate 1920 final estimate 1921 final estimate 1922 final estimate 1923 final estimate 1924 final estimate 172 138 136 133 130 134 85 91 88 115 92 115 141 121 119 126 116 127 104 118 113 107 113 90 105 132 95 107 115 136 81 104 - 85 100 109 103 216 173 177 296 181 182 110 122 109 111 114 108 175 218 157 173 141 142 91 113 101 127 117 128 81 127 56 115 115 102 131 133 125 145 135 148 270 191 99 137 153 166 Thous. of tons Thousands of bushels Millions of dollars B —NUMERICAL DATA 441,609 1909-1913 average 684, 990 1914 final estimate 673, 947 1915 final estimate 480, 553 1916 final estimate 412, 901 1917 final estimate 1918finalestimate. . - 565, 099 245,059 686,697 206,027 891,017 351,854 1,025,801 155, 765 636, 318 223,754 636, 655 356, 339 921, 438 3,708,334 2,672,804 2,994,763 2, 566, 927 3, 065, 233 2, 502, 665 1, 131, 175 1, 141, 060 1, 549, 030 1, 251, 837 1, 592, 740 1,538,124 181,886 194,953 228,851 182, 309 211, 759 256, 225 34,916 42, 779 54, 050 48, 862 62, 933 91,041 4, 748, 60S 4, 942, 613 5,852,525 4, 686, 253 5, 569, 320 5,309,493 23,926 23,649 28,947 40, 861 34,739 38,606 356, 627 409,921 359, 721 286, 953 442, 108 411, 860 176,482 252, 200 230, Oil 193, 905 166, 749 169, 625 65,987 70, 071 85,920 91, 192 83,308 76, 660 $5,702 6,112 6,907 9,054 13, 479 14, 331 15,423 10, 909 5,630 7,816 8,727 9,480 1919 final estimate 1920 final estimate -. _ 1921 final estimate 1922 final estimate 1923 final estimate 1924 final estimate 760, 677 610, 597 600, 316 586, 878 571, 959 590,037 207, 602 222, 430 214,589 280, 720 225, 422 282,636 968,279 833, 027 814, 905 867, 598 797, 381 872, 673 2,816,318 3, 208, 584 3, 068, 569 2, 906, 020 3,053,557 2, 436, 513 1,184,030 1, 496, 281 1, 078, 341 1, 215, 803 1, 305, 883 1, 541, 900 147, 608 189, 332 154, 946 182, 068 197, 691 187, 875 75, 542 60,490 61, 675 103, 362 63,077 63,446 5,191,777 5,787,714 5, 178, 436 5, 274, 851 5,417,589 5, 102, 407 41, 985 52, 066 37, 612 41,405 33,717 33,956 322,867 403,296 361, 659 453, 396 416, 105 454, 784 142, 086 223, 677 99,002 202, 702 202, 842 179, 443 86, 359 87, 855 82, 379 95, 882 89, 250 97, 970 1934 June estimate July estimate August estimate .. September estimate.. October estimate November estimate 509,319 542, 551 589,000 589,000 589,000 0) 183, 831 197, 461 224, 767 247, 404 266,456 0) 693, 150 740, 012 813, 767 836, 404 855, 456 855, 806 2, 515, 385 2, 576, 440 2, 512, 888 2,458,809 2, 477, 538 1, 231, 728 1, 356, 338 1,439,041 1, 486, 412 1, 509, 409 1,509,409 160, 070 170, Oil 184, 170 194, 445 200,953 200,958 62, 461 64,800 65,800 65,800 65,800 65,805 3 4, 662, 794 4, 846, 546 5,078,800 6,095,949 5,090,432 5,109,516 35,800 33, 256 32,377 32, 292 32, 292 373,000 398, 821 412, 761 423, 508 454, 119 196,000 196, 770 178,640 174,870 177, 238 90,100 89, 098 88, 500 95, 100 (<) 1935 June estimate July estimate August estimate _. i Yearly figures represent the latest revised estimates of total production for the year as reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics. Monthly figures are estimates of the current year's crop as made during the first week of that month. The estimates made in December of each year are subject to revision in the final estimate made in December of the following year. 2 Estimated total value of all crops based on prices at the farm on Dec. 1. 2 June figures for total bread grains include corn as estimated on July 1. * No separate estimate. 92 Table 61.—FARM PRODUCTS, WHOLESALE PRICES [Relative numbers for base rear in bold-faced type; numerical data on opposite page] YEAR AND MONTH WHEAT FLOUR WHEAT Standard Winter patstraights, ents, Kansas City Minneapolis No. 2, red spring, winter, ChiChicago Not, ern northcago RYE No. 2, cash Chicago BARLEY OATS By « sample, fair to good malting, Cash Chi- Chi- cago cago CORN COTTONS-EED OIL Cash, contract grades No. 3, Chicago yellow prime, CATTLE HOGS Steers, good to choice, Heavy, Chi- Ewes, Chicago Lambs, Chicago York ISi? cago Chicago Summer, New SHEEP Eelative to 1913 100 111 145 159 249 (>) 106 100 100 100 100 10O 100 100 102 133 137 231 224 98 113 139 210 207 112 132 121 170 206 100 111 117 132 262 257 100 114 147 155 254 245 10O 121 172 175 294 305 100 10? 146 158 274 268 91 94 147 212 277 106 102 113 151 193 100 85 115 188 210 127 153 220 241 104 119 141 207 222 1919 monthly average 1920 monthly average ... 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average ._ . 262 277 182 159 139 157 278 301 183 160 139 155 281 285 161 141 127 143 239 256 146 126 119 130 241 294 191 139 118 144 195 202 102 101 105 131 186 212 103 106 117 136 255 226 93 100 131 155 332 212 108 140 155 151 206 170 103 111 117 114 218 170 101 112 92 101 200 187 73 124 130 147 207 204 128 170 173 183 193$ September October November . . December 136 140 146 148 139 149 148 152 124 129 134 140 109 lift 12S 134 112 122 136 140 94 10& 108 110 102 115 118 122 102 111 116 117 117 127 130 134 126 120 123 124 110 112 99 99 105 114 137 133 167 173 180 191 145 146 145 152 145 145 146 149 131 136 133 137 128 138 134 134 137 136 130 134 104 107 106 107 117 122 123 124 114 118 118 127 149 150 163 162 115 110 109 106 93 94 98 95 148 143 153 161 182 188 183 168 147 137 131 133 148 138 126 127 131 121 111 117 131 121 103 103 122 108 102 106 168 103 104 100 120 117 112 103 130 134 137 140 161 156 141 144 112 121 125 12S 89 83 86 96, 132 103 108 123 169 190 179 1C4 September. October November December 136 135 132 133 137 140 136 133 127 131 120 122 ioe 111 108 110 110 113 110 165 108 105 110 110 117 118 120 142 162 135 117 162 165 162 151 125 123 116 115i 103 93 85 84 117 113 121 137 169 164 U» 160 1934 January „ February March April 135 138 137 139 137 139 139 138 124 129 128 124 112 114 110 105 114 113 108 104 113 118 120 128 126 131 128 130 121 128 127 126 152 139 135 139 111 114 118 127 86 85 88 89 153 180 213 212 171 187 202 205 Mav June July August 145 150 163 164 142 145 152 162 129 138 153 149 108 114 127 133 106 115 135 144 122 124 133 136 130 133 150 140 1:26 134 169 187 135 144 167 193 121 113 112 112 89 87 98 115 141 103 103 127 182 180 178 170 September October November December 162 175 178 194 158 173 179 202 148 163 168 185 136 155 160 179 160 200 206 221 139 145 138 150 132 139 140 159 186 177 181 197 150 155 151 158 106 112 108 112 118 129 115 119 115 124 135 162 16$ 172 171 205 1935 January February 212 229 209 203 249 156 159 203 154 110 129 185 226 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 19-17 monthly average 1918 monthly average 1933 January February.- .. March April May June July August _ . ' in May i July ie« See footnotes on OTJ 93 Table 62.—FARM PRODUCTS, WHOLESALE PRICES [Base year in bold-faced type; relative numbers on apposite page] WHEAT FLOUR YEAR AND MONTH WHEAT StandWinter ard straights, patKansas ents, City Minneapolis Nol, ern north- No. 3, red spring, winter, cago cago Chi- Chi- Per barrel EYE BABLEY No. 3, cash Chicago sample, fair to good malting, OATS CORN COTTONSEED OIL Cash Chicago Cash, contract, grades No. 2, Chicago yellow prime, By Chi- cago $1584 5.096 6.663 7.264 11. 391 (') $3. 847 4.125 5.612 6.091 10. 551 10. 304 $0. 913 1.041 1.344 1.417 2.321 2. 235 $o.98a 1. 005 1.307 1.351 2.278 2.209 $0. 636 .768 1.09.2 1. 113 1.871 1.940 $0. 625 . 615 .704 .867 1.315 1,305 1919 monthly average 1920 monthly average 1923 monthly average 1922 monthly average ... 1923 monthly average,... 1.924 monthly average 11. 998 12. 675 8.338 7.295 6. 384 7.182 10. 695 11. 579 7. 051 6.136 5. 355 5.977 2.563 2.600 1.467 1.233 1.155 1.309 2.357 2.522 1.437 1.241 1.171 1. 277 1.534 1,873 1.214 .886 .752 .915 19££ September October November . December 6.344 6. 435 6.713 6.775 5.360 fi. 719 5.706 5.860 1.129 1.178 1.228 1.274 1.071 1.177 1.273 1.325 1933 January February March April 6.630 6.713 6.625 6.956 5. 569 5.569 5.600 6.744 1.199 1.244 1.216 1.253 Mav June July August 6.720 6.263 6.025 6.100 5.675 5.325 4.850 4.900 September October November December 6.238 6.200 6.038 6.100 1934 January February March. April New York HOGS Steers, good to Hea?y, choice, , Chicorn cago fed, Chicago Per pound Per bushel 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average Summer, CATTLE SHEEP Ewes, Chi- cago Lambs, Chicago Per 100 pounds $0.376 .419 .496 .455 .637 .775 $9. 625 .695 .730 .825 1.637 1.605 $0.073 , .066 .068 .106 .154 .201 $8. 507 9. 039 8.702 9. 573 12.809 16. 424 $8.365 8.361 7. 131 9.615 15. 705 17.600 $4.687 5. 044 5.929 7.166 10.332 11.288 $7. 794 8.115 9.233 10. 017 16. 092 17. 325 1. 217 1.263 .635 .634 .659 .816 .700 .796 .387 .397 .439 .513 1.597 1, 414 .580 .-624 .819 .969 .241 .154 .079 .162 .113 .110 17. 496 14. 486 8. 704 9.460 9. 955 9.679 18.244 14.187 8.447 9.389 1. 695 8.479 9. 351 8.744 3.414 5.814 6. 085 6.909 16. 125 15. 904 9.994 13. 222 13. 462 14. 291 .715 .776 .868 .890 .590 .660 .678 689 .384 .432 .445 .459 .635 .691 .722 .734 .085 .092 .094 .097 10. 713 10. 245 10. 500 10. 581 9.169 9. 360 8.244 8. 255 4.938 6.315 6. 438 6.219 13. 031 13. 500 14. 050 14. 869 1.258 1.360 1.321 1.320 .872 .864 .827 .853 .649 .666 . 663 .670 .441 .457 .462 .466 .711 .737 .740 .793 .108 .169 .118 .117 9.780 a 356 9.263 9.015 8.180 7.838 8.163 7. 965 6. 950 6. 719 7. 150 7. 565 14. 175 14. 613 14. 250 13. 055 1.200 1.105 1.017 1.072 1.289 1.189 1.011 1,017 .777 .687 .647 .671 .673 .648 . 653 .623 .451 .439 .422 .387 .809 .839 .857 .876 .117 .113 .102 .104 9.538 10. 313 10. 590 10. 875 7. 450 6.950 7.210 7.994 6.169 4. 813 fil 050 5. 750 13. 144 14. 781 13. 975 12.813 5.280 5.400 5.213 5.130 1.156 1. 197 1.092 1.112 1.048 1.097 1.061 1.083 .698 .720 .708 .701 .654 .678 .656 .685 .413 .439 .442 .449 .884 1.011 .842 .730 .117 .120 .118 .110 10. 656 10. 450 9.844 9.785 8.638 7.775 7.131 7.050 6.481 5.275 5.656 6.440 13. 188 12. 775 12.275 I 12. 500 6. 195 6.306 6.300 6.350 5. 250 5.350 5.330 5.294 1.133 1.174 1.165 1.128 1.106 1. 127 1.088 1. 038 .725 .720 .685 .662 .705 .740 . 753 .803 .474 .493 .481 .489 .759 .797 .796 .790 .110 .101 .098 .101 9.469 9.706 10. 065 10. 775 7.231 7. 075 7.345 7. 425 7.188 8.425 9.975 9.938 13. 325 14. 550 15. 775 15. 938 May June July August 6.638 6.856 7.490 7.538 5.470 6.581 5.831 6.225 1. 177 1.120 1.397 1.356 1.066 1.122 1.253 1.315 .671 .729 .861 .919 .761 .776 .829 .853 .488 .501 .563 .528 .786 .839 1.055 1.170 .098 .104 .121 .139 10.269 9.505 9. 563 9.481 7.444 7.245 8.188 9.613 6.625 4. 825 4.844 5.969 14. 219 14. 725 13. 750 13. 281 September . October,. November December j 7.440 8.013 8.163 8.895 6.069 6.669 6.870 7.788 1.350 1.486 1. 529 1. 687 1.343 1.528 1.574 1.769 1.016 1. 275 1.312 1.404 .866 .908 .864 " .935 .497 .522 .524 .598 1.163 1. 105 1.130 1.233 .108 .113 .110 .114 9.015 9.500 9. 156 0.550 9. 855 10.781 9.581 9,960 5.405 5. 813 6.331 7.575 13. 175 13. 438 13. 344 15. 975 9.694 8.805 1.909 2.006 1.585 .973 .596 1.271 .112 9.313 10.800 8.688 17.625 _ 1925 January February March April , • Map June July. August l ^'om\ioi'dfionePartment 0 Labor> Bureau * °f Labor Statistics, averages of weekly quotations. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 91. 94 Table 63.—FRUITS, VEGETABLES, GRAINS, HAY APPLES i YEAR AND MONTH 1913 1914 1915 1916 1917 monthly monthly monthly monthly monthly 1918 1919 1920 1921 1922 1923 1924 average average average average average CITWHITE POTARUS FRUIT i TOES i ONIONS i SWEET CORN 3 HAY a (IowaNebraska canneries) Coldstorage holdings (end mo.) Car-lot shipments1 Receipts Unsold stocks (end mo.) Thous. of barrels Number of carloads Tons Cases 1,800 1,752 6,950 4,754 monthly average monthly average. monthly average monthly average monthly average monthly average monthly average 1,865 1,940 2,383 2,344 2,570 3,391 3,426 5,737 6,796 8,580 8,042 7, 734 10, 268 9,009 1933 September .- . . ,,.. October November December . . 1, 452 5,521 6,743 6,481 BARLEY RYE OATS Receipts at principal interior markets « Visible supply 7 Thousands of bushels 9,058 7,435 8,385 9,438 6,907 1,294 1,648 1,809 1,936 1,912 20, 694 22,200 22,651 27,299 24, 844 17, 415 19, 784 18, 384 24, 025 23, 692 6,118 7,746 3,815 3,321 3,367 3,904 5,207 2,777 3,988 3,712 2,573 5,353 3,683 5,414 28,335 19,264 17,800 17, 880 19, 063 19, 974 22,046 18, 512 22, 298 15, 478 46, 968 46, 738 18, 167 28,591 5,081 4,607 4,104 4,215 11,980 7,868 7,832 7,121 22, 418 23, 776 23,375 20, 955 35, 968 35,464 32, 940 32, 391 11, 397 12, 055 1,304 1,596 3,417 5,398 5,975 7,500 5,882 8,261 8,562 14, 105 15,005 14, 627 18, 206 19, 930 18, 956 20,178 1,835 1,740 2,163 1, 932 2,163 2,132 2,502 124, 870 120, 675 119, 102 69, 948 76, 873 76, 493 78,937 13, 903 29, 313 18, 740 8,229 1,882 4,384 7,162 10, 416 23, 795 33, 711 19, 547 11, 589 4,361 4,687 2,018 1,526 92, 749 74, 362 85, 988 86,132 5, 376 3,877 2,314 1,070 8,171 6,257 5,362 2,699 10, 706 10, 665 11, 844 10, 026 16,049 13, 481 22, 917 21,728 1,909 1,398 1,413 1,335 83,423 69, 014 83, 359 80, 969 291, 209 238, 417 3,776 2,556 3,403 2,500 7,176 4,749 3,679 4,022 22,635 16, 023 18, 568 16, 867 30, 861 27,683 24,044 21, 932 277 45 30 68 1, 529 468 3, 154 3,749 10, 431 7, 327 4,654 3,024 15, 123 19, 849 15, 853 15, 324 2,514 683 1,396 2,168 61, 708 60, 248 67, 066 72,006 133, 623 97,566 52, 347 43,092 1,806 2,162 2,018 5,036 2,388 2, 542 1,458 3,839 13, 454 14, 139 16, 130 28,179 13, 514 8, 523 5,710 10, 111 927 6,914 10, 099 9,696 14, 377 44, 515 26, 187 7,748 3,240 5, 390 11, 149 10. 672 22, 907 33, 433 19, 400 11, 403 3, 701 4,760 2,622 1,683 85, 230 87, 786 90,646 76, 458 393, 930 219, 185 187, 117 7,210 6,061 4,493 5,830 5,342 3,434 3,534 2,036 26, 556 28, 710 18, 298 20, 134 16, 514 20, 488 18, 686 19, 940 7, 843 5 966 3,871 2,098 7,961 7, 995 6, 162 3,373 9, 735 11, 693 12, 251 12, 680 18, 983 19, 862 22, 091 18, 406 2,411 2,092 1,898 2,270 100, 367 103, 963 80, 255 65, 624 2,916 3,381 2,993 2,804 1,807 1,938 1,677 960 16, 208 18, 778 16, 771 13, 769 17, 539 17, 741 16, 715 10, 656 ._ 761 None. None. None. 2,201 866 2,312 2,927 10, 817 7,811 4,100 3,856 17, 506 20, 470 22, 938 15, 959 2,752 981 2,057 2,405 70, 455 76,090 61, 672 65, 275 2,204 3,972 1,498 3,791 2,488 1,674 4,954 4,736 13,737 14, 003 10, 510 27, 561 6,720 5,264 3,086 11,403 ... _._ 784 5, 573 7,519 6, 696 13, 261 35, 937 19,045 6,068 3,116 4,185 11, 307 11, 187 20, 450 32, 524 20, 191 12, 757 3,864 4, 545 2,876 1,869 86, 031 95, 037 81,001 61, 475 13, 965 12, 296 7,258 5,405 14, 291 17, 708 8,932 3,802 55, 710 39,149 18, 620 19, 738 48, 006 66, 564 67, 265 72, 128 5, 239 4,980 12, 036 21, 159 2,713 23, 474 73, 570 * 784, 504 8 184, 054 649,000 569, 417 1923 January February March April May June -. July.\ugust September i October November December . . .._ . 1934 January . February March April. -_ _ May June July August 1 .. ._ September October November December .._ _ .. 174, 072 1935 • January February March \pril May June July August * Data on cold-storage holdings of apples and on car-lot shipments of fruits and vegetables compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics Citnl* fruit shipments consist of oranges, lemons, and grapefruit. 3 Beceipts of hay at 11 principal markets, compiled by prorating weekly reports to the Hay Trade Journal. 3 Unsold stocks of canned sweet corn at the end of each month in 36 canneries of Iowa and Nebraska, compiled by the Iowa-Nebraska Canners' Association. Inventories after4 January, 1924, are stated to be negligible. Average of stocks taken January, July, October, and December, 1922. & Average of stocks taken for nine months shown in column under 1923. • Receipts of oats compiled by Chicago Board of Trade and reported by Price Current Grain Reporter, while receipts of barley and rye are compiled by the Federal Peserve Board from receipts at 17 interior centers. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 43. ? Taken from the Chicago Board of Trade as of the nearest Saturday to the end of each month, representing supply of oats at principal primary markets. Monthly data from J920 appeared in June, 1922, issue (No. 10), p. 43, http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 95 Table 64.—MOVEMENT OF CEREALS WHEAT FLOUR Russell's Commercial News i YEAR AND MONTH WHEAT Bureau of the Census « Visible supply > Re- Production Production Con- sumption Stocks Wheat, ground Wheat flour Wheat grain offal CORN Per cent of total capac- United States ceipts » Shipments 3 Visible supply J Re- ceipts * Shipments * Grindings * Canada ity op- Thousands of barrels 1913 mo. av 1914 mo. av_. 1916 ino. av 1917 mo. av 1918 mo av 9,703 9,338 9, 919 9,815 9 317 Thous. of Thous.of Thous. of bus. Ibs. bbls. erated Thousands of bushels 1 14, 198 16, 335 11, 117 11, 486 16, 210 12, 736 6,122 10, 286 21, 158 17, 447 24, 774 10, 233 13, 525 4,195 3,817 4,664 5,276 4,952 6,142 31, 493 27, 038 36, 369 35,009 32, 363 40,878 19, 919 23, 252 24, 318 23, 107 18, 038 ; 29, 891 4,101 6,254 20, 686 25, 137 11, 660 12, 868 14, 995 17,985 28, 409 32,814 22,642 23,179 8,845 9, 653 18, 949 21, 552 14, 211 14, 033 5,411 5,055 4,875 5,566 5, 513 6,279 58, 802 57, 379 38, 155 65, 974 30, 393 51, 051 32, 665 32, 604 32, 173 61, 055 47, 831 25,871 18, 861 21, 619 32, 517 78, 231 41, 987 36, 795 37, 131 57, 601 71, 724 32, 750 24, 583 36, 516 66, 510 63, 693 70, 359 11, 091 9, 146 10, 102 10, 466 10,480 11, 047 8, 156 8,237 8, 569 9,291 9,223 9,719 9,433 8,943 7,148 7,228 7,701 7,344 January February March April 10, 137 9, 425 10, 607 8,969 9,314 7,984 8,844 8,427 7,400 7,700 8,050 7,457 53, 823 54,562 51, 862 49, 521 98, 212 ; 84, 197 79/173 71, 876 37,615 21, 618 21, 746 21, 90i 18, 936 : 10, 740 13, 621 12, 567 22, 908 29,585 31, Oil 24, 238 37, 558 . 31,287 26, 222 16, 976 22, 521 16, 533 16,090 14, 274 5,530 5,336 5,946 5,270 Mav July August 9,007 8, 331 10? 408 12, 019 8,701 7,445 8,442 11, 162 6,800 6,900 8,100 7,700 35, 871 44, 179 7,805 9,642 633, 324 772, 774 48 55 37, 203 29,403 32, 648 63, 922 41, 498 25,224 13, 847 5,133 16, 742 18, 220 33, 804 65, 315 22, 191 15, 476 17, 586 26,387 7,649 3,847 2,256 1,927 10, 663 14,212 18, 184 21, 822 16, 187 11, 102 11, 661 13,069 6,084 5,279 4,080 5,390 September. _. October November... December 11,995 12, 561 11,524 10, 778 9,341 10, 847 10, 366 9,808 8,800 8, 500 7,900 7,100 44, 969 50, 810 43, 606 37, 799 9,760 10, 983 9,403 8, 137 796, 325 908, 311 783, 669 678, 576 62 62 59 49 72, 930 79, 034 82,269 84,030 31, 016 80, 782 108,193 125, 259 45, 314 40, 488 37,192 28,404 25, 837 18, 993 17, 612 16, 515 2,474 1,084 3,254 9, 683 18, 474 16, 450 23, 199 36, 658 11,615 8, 089 10, 269 18, 521 5,577 6,424 5,576 5,668 January February March April 11,000 10, 286 10, 578 9,521 9,299 8,711 9,572 8,588 7, 150 7,200 6,800 6,700 41, 834 39, 180 38,809 35, 680 8,970 8,433 8,355 7,682 746, 040 705, 402 698,911 643, 588 52 53 49 45 75, ill 72, 914 66, 739 57, 383 122, 902 126, 495 121, 648 93, 380 15, 875 19, 803 17, 997 10, 123 11, 200 10, 616 12,020 12, 017 10,492 20, 517 27, 284 19, 735 30, 600 43, 442 30, 345 17,535 19,648 21, 213 17,361 15, 912 6,758 7,152 7,835 6,437 May June July August 9,765 9,332 10, 395 11,812 9,089 7, 759 8, 717 10, 598 6,400 6,800 7,400 7,500 36, 688 36, 293 39, 272 45, 434 7,896 7,797 8,465 9,842 660, 271 651, 532 696, 582 799, 698 47 48 50 58 45,258 36, 496 43, 779 76, 537 62, 299 44,932 31, 306 19, 789 15, 368 16, 410 35, 074 92, 987 16, 646 13, 714 16, 302 52, 826 13, 459 9,184 5,475 5,612 16, 131 17, 415 18, 225 19, 340 17, 546 14, 505 11, 205 10, 749 5,027 5,621 5,835 6,433 September 13, 798 October . . _ 13, 404 11, 665 November 11,007 December 11, 160 11, 107 11, 468 10, 555 8,675 9, 100 7,700 6,700 47, 857 51, 863 41,982 40,224 10, 459 11, 371 9,187 8,812 823, 390 977, 381 719, 164 692, 065 64 65 59 53 88, 291 96, 528 105, 533 96, 114 13, 501 52,099 76, 740 79, 221 82, 075 88, 022 60, 503 36, 293 58, 482 72, 066 50, 151 32, 651 6,400 8,497 8,072 19, 693 21,428 19,51] 15, 223 28, 953 11,937 11, 828 7,126 9,365 6, 368 6,926 5,433 5,520 81,796 79,341 24, 734 19, 864 28,812 37,038 14,290 6,751 1919 mo HV 1920 rno av 1921 mo. av__ 1922 mo. av__ 1923 mo. av 1924 mo. av_. 6 42, 872 41,260 e 9, 288 8,939 * 762, 180 734, 498 8 56 54 1923 1934 1925 January February March . April May June Julv August.. 1 Reported by U. S. Grain Corporation prior to July, 1920, covering practically the entire industry; beginning with July, 1920, from Russell's Commercial News, the production and stock figures being prorated to 100 per cent from representative current data bearing a known relation to the total figures. Stocks represent flour in all positions. Consumption is calculated from production, stocks, exports and imports. Monthly production figures from January, 1914, are given in the October, 1922, issue (No. 14), 2page 47. From Bradstreet's representing stocks carried on Saturday nearest end of month at terminals, elevators, warehouses, docks, etc. 3 At principal primary markets, as compiled by the Chicago Board of Trade and reported by the Price Current Grain Reporter. 4 Grindings of corn by the wet process in the manufacture of cornstarch, glucose, etc., compiled by the Associated Corn Products Manufacturers from reports of 11 firms, comprising the practically entire industry. Monthly data from 1920 appeared in June, 1922, issue (No. 10), page 43. 3 Compiled by U. 8. Department of Commerce, Bureau of the Census, from reports of over 1,000 mills each month, which produced about 84 per cent of the flour manufactured in 1921, according to the Census of Manufactures. 6 Average for last six months of year. 96 Table 65.—CEREAL EXPORTS [Base year in bold-faced type] EXPORTS OF GRAIN (including flour and meal as grains) Barley and barley flour 2 YEAH AND MONTH i Corn and corn meal3 Oats and oatmeal4 Rye and rye flour 5 Wheat and wheat8 flour Oats and oatmeal 4 Rye and rye flour* Thousands of bushels RELATIVE NUMBERS NUMERICAL DATA Wheat and wheat flour6 Total 4,223 874 4,185 4,603 4,751 3,922 5,018 155 223 8,993 8,791 9,370 10, 815 189 1,138 1,320 1,224 1, 359 11, 907 12, 133 23, 034 18, 230 14, 070 17, 413 20, 764 554 2,211 1,874 1,488 1,897 173 169 222 201 | 109 129 | 3, 369 1,489 2,153 1,536 984 1,477 1,325 1,771 10, 997 13, 835 3,724 1,681 5, 551 1, 357 698 2,979 966 694 3,375 4,938 2,512 3, 985 2,667 3,082 22, 259 25, 636 29, 643 19, 337 14, 327 19, 884 35, 878 35, 191 46, 002 41, 672 22, 668 26, 817 267 211 148 138 295 213 ; 172 ! 129 3,671 2;940 1, 563 762 9,769 10, 312 7,722 4, 944 4,870 3,721 3, 356 915 11, 163 2,235 5,484 3,785 31, 839 25, 077 17, 579 16, 428 61, 312 44, 285 35, 704 26, 834 2,229 3,854 892 1,436 105 102 90 86 118 | 105 i 96 661 1,191 1,012 708 7,388 8,894 7,764 5,632 497 966 874 1,175 3,455 5,974 1,382 2,226 12, 519 12, 197 10, 725 10, 195 24, 520 29, 222 21, 757 19, 936 35 21 28 27 2,993 2,507 2,163 1,139 121 108 108 167 124 96 92 125 365 362 816 2, 571 5,358 2, 123 1,329 942 1,069 641 857 815 4,639 3,886 3,352 1, 765 14, 396 12, 881 12; 822 19, 929 25, 827 19, 893 19, 176 26, 022 31 16 26 52 41 38 39 37 1,673 352 633 774 189 157 102 109 143 108 75 86 2,054 1,425 264 382 1,291 688 1,097 2,183 1,241 1, 158 1,179 1,125 2,593 545 981 1,200 22, 465 18, 652 12, 147 12, 991 29, 644 22, 468 15, 668 17, 881 20 42 66 48 74 84 95 51 21 16 11 6 530 259 235 1,385 102 84 79 71 82 73 73 66 299 613 969 706 3, 106 3,542 4,028 2,150 639 485 323 185 821 402 365 2,147 12, 201 10, 019 9,374 8,418 17, 068 15, 061 15, 059 13, 606 31 35 72 96 44 24 15 19 5 6 8 7 1,290 2,408 859 966 61 86 66 177 56 76 53 120 448 513 1,054 1,396 1,853 1,017 654 782 137 177 233 217 1,999 3,732 1,332 1, 497 7,206 10, 257 7,817 21, 106 11, 643 15, 696 11, 090 24, 998 134 364 185 119 19 17 22 14 22 91 45 39 7,470 7,050 854 552 330 450 295 204 261 353 200 138 1,955 5, 315 2,710 1,744 802 729 932 571 662 2,735 1,366 1,171 11,579 10, 927 1,323 856 39, 244 53, 538 35, 102 24, 326 54, 242 73, 243 41, 433 28, 668 100 21 99 109 112 93 10O 10O 100 7 298 291 310 358 123 736 854 792 879 102 196 153 118 146 231 102 147 105 67 101 31 42 260 328 88 40 184 45 22 99 32 23 2,183 3, 195 1,622 2,571 1,721 1,988 187 215 249 169 120 167 251 201 107 52 231 244 183 117 161 123 111 30 7,202 1,442 3,538 2*, 442 45 82 69 48 175 211 184 133 16 32 29 39 May June July August 25 25 56 176 127 50 31 22 September October November December 141 98 18 26 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average .. 1924 monthly average Corn and corn meal Relative to 1913 100 38 151 128 102 130 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average Barley and barley flour2 Total 1,461 100 67 191 168 149 171 13, 973 39, 560 34, 817 30, 903 35, 406 ±922 September October November December _ 1923 January February March April ±924, January February . March April May June July August. _ _ _ A Sept mber October November December 141 ; i • ; i 1925 January February March April j • May j June July August _ , * Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1920 appeared in May, 1922, issue (No. 9), p. 88. 2 Barley flour converted at 5.5 bushels to the barrel. 2 Corn meal converted at 4 bushels to the barrel. 4 Oatmeal converted at 5.21 bushels to 100 pounds. e6 Rye flour converted at 6 bushels to the barrel. Wheat flour converted at 4.5 bushels to the barrel. 97 Table 66.—RICE YEAR AND MONTH EXPORTS Domestic Re- Total New at ceipts from Ormills at mills mills leans and dealers PADDY AT CALIFORNIA SOUTHERN WAREHOUSES PADDY IMPORTS SHIPMENTS STOCKS END OF MONTH SOUTHERN PADDY [Base year in bold-faced type] Stocks end of month ShipReceipts ments Receipts at mills Barrels or sacks of 162 pounds Relative to 1919 RELATIVE NUMBERS 3 994, 249 896, 093 611, 661 554, 723 957, 589 797, 973 687, 198 691, 376 254, 835 222, 175 318, 147 275, 358 223, 472 156, 614 811, 658 136, 090 314, 063 1, 287, 057 109, 706 327, 177 1, 291, 023 63, 532 488, 412 1, 253, 992 52, 946 342, 952 1, 343, 655 40, 105 283, 628 1, 142, 799 31, 728 92, 065 230, 692 2, 162, 029 201, 351 1, 960, 678 952, 293 392, 191 395, 697 529, 193 626, 389 730, 544 1, 015, 520 561, 779 654, 482 707, 736 347, 308, 205, 315, 405 663 855 485 2, 283, 793 2, 039, 140 1, 743, 020 1, 575, 051 119, 218 39, 836 30, 146 70, 721 474, 538 334, 215 347, 064 331, 926 None. None. None. None. 566, 768 589,403 249, 194 134, 850 1, 393, 910 804, 507 555, 313 420, 463 137, 116 ] 84, 684 103, 938 437, 504 703, 884 774, 087 353, 132 571, 354 560, 037 348, 369 345, 583 410, 388 202, 131, 163, 101, 717 517 448 931 1, 169, 789 965, 879 744, 481 548, 030 24, 526 93, 218 15, 427 20, 155 351, 396 262, 807 388, 867 102,000 33 59 59 108 20, 319 1, 463, 395 831, 727 28, 968 370, 838 25, 489 857, 323 146, 326 69, 944 1, 507, 850 1, 482, 254 1, 364, 896 393, 605 1, 512, 281 1,911,515 965, 725 764, 443 1, 537, 770 2, 768, 838 1, 112, 051 617, 952 968, 779 1, 236, 100 819, 648 156, 469 236, 714 307, 721 203, 738 355, 518 954, 101 1, 734, 533 2, 010, 527 4,792 7,897 26, 708 28, 614 102, 959 184,646 184, 092 339, 117 33 23 43 26 97 56 58 37 None. 26, 402 None. None. 186, 116 207, 140 392, 204 42, 977 1, 178, 780 998, 042 549, 150 468, 951 1, 075, 680 579, 922 369, 704 80, 057 1, 261, 796 1, 104, 876 787, 062 926, 545 818, 902 761, 908 123, 034 470, 496 228, 712 .2, 018, 819 203, 224 1, 680, 373 177, 670 1, 181, 972 95, 165 718, 226 44, 876 31, 868 58, 695 35, 498 303, 950 177, 314 180, 682 116, 428 53 37 20 49 24 37 12 18 24 12 7 8 None. None. None. 150, 000 57, 463 77, 028 142, 836 436, 305 376, 080 293, 890 131, 569 10, 000 13, 986 9,466 5,638 345, 365 71, 449 86, 494 148, 474 781, 670 305, 995 135, 094 135, 259 130, 924 71, 433 34, 646 43, 056 1,979 429, 803 302, 640 165, 241 398, 953 32, 978 50,364 16, 814 39, 091 75, 847 36, 908 23, 234 23, 883 91 118 133 59 79 193 279 289 12 9 11 20 9 29 7 9 635, 971 948, 625 2, 182, 793 1, 905, 168 972, 700 1, 035, 759 2, 482, 574 2, 180, 051 1, 032, 843 730, 544 1, 303, 227 1, 300, 775 933, 878 232, 916 300, 075 339, 350 151, 143 638, 303 1, 567, 621 2, 265, 121 2, 346, 514 16, 335 11,918 14, 855 27, 444 27, 675 89, 679 21, 642 27, 532 86 230 981, 194 219, 817 1, 867, 227 100 91 157 130 112 113 156 64 65 87 468, 036 640, 627 591, 159 633, 910 100 87 125 108 88 61 100 159 159 154 166 141 100 81 47 39 29 23 100 104 143 109 90 29 3 337, 223 31,172,184 188, 676 609, 477 639, 610 796, 277 837, 657 659, 645 707, 425 166 92 107 116 136 121 81 124 281 251 215 194 88 29 22 52 151 106 111 106 None. None. 22 30 17 72 92 57 56 67 80 52 64 40 144 119 92 68 18 68 11 15 112 84 124 32 September... October November... December. _. 65 248 314 158 101 158 202 134 61 93 121 80 44 118 214 248 4 6 20 21 1924 January February March April 176 95 61 13 181 151 134 77 90 80 70 37 249 207 146 88 2 2 1 52 50 22 22 21 28 14 17 1 156 358 313 160 109 213 213 153 74 160 1933 January February March April . May June July August May June July August SeptemberOctober NovemberDecember 1925 January February March April Pockets of 100 pounds 479, 349 652, 912 642, 918 699, 754 93 126 108 84 mo. av__ 100 mo. av_. 105 mo. av__ 131 mo. av._ 137 mo. av_. 108 mo. av__ 116 EX- Domes- PORTS PORTS tic at mills and dealers 191, 510 193, 597 757, 281 212, 140 1, 021, 642 179, 760 872, 667 222, 059 682, 788 446, 741 78 107 105 114 1919 1920 1921 1922 1923 1924 New Orleans NUMERICAL DATA 7 13 18 35 55 45 77 105 97 104 IM- Total from mills 2 141 142 156 132 163 328 mo av mo. av mo. av.. mo. av_. mo. av._ mo. av.. TOTAL MOVEMENT TO MILLS STOCKS END OF MONTH 169, 718 203, 340 196, 238 258, 484 275, 513 278, 785 67 80 77 101 108 109 1913 1914 1915 1916 1917 1918 SHIPMENTS May June July August 87, 134 299,781 274, 883 60, 143 j 448, 306 23, 004 41, 904 56, 327 109, 114 172, 990 139, 944 i 1 Southern receipts, shipments and stocks at mills from Rice Millers' Association, comprising movement of the whole rice crop except California rice. Data on paddy at California warehouses from Rice Growers' Association of California, receipts being given at association warehouses, representing about 75 per cent of the California rice acreage, while shipments and stocks are from all warehouses in California. The column "total movement to mills" is a total <ft the shipments from California warehouses and receipts at Southern mills, thus giving a view of the total movement of domestic rice to the mills. Shipments of rice through New Orleans compiled by New Orleans Board of Trade. Imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, data for rough rice being reduced to the equivalent clean rice at 162 pounds of rough to 100 pounds of clean. 2 Rough rice barrels or sacks of 162 pounds are equivalent to clean rice pockets of 100 pounds each. * Average for 10 months, March through December. 27456°—25t 7 98 Table 67.—LIVESTOCK MOVEMENT HOGS CATTLE AND CALVES Shipments Total receipts STOCKER YEAK AND MONTH AND FEEDER TOTAL Shipments Local Total slaugh- receipts STOCKER ter AND TOTAL FEEDER SHEEP AND LAMBS Shipments Local slaughter Total receipts STOCKER AND FEEDER TOTAL Local slaughter Thousands of animals 1917 monthly average _ 1918 monthly average-1919 monthly average 1920 monthly average . _. -.._ 1922 monthly average 1923 monthly average 1924 monthly average .... ... 3, 159 3,766 3,737 3,549 64 81 75 61 1,027 1,185 1,194 1,273 2,157 2,572 2,536 2,272 1,618 1,869 2, 265 1, 876 352 432 578 430 808 1, Oil 1,210 1,043 756 855 1,054 915 923 1, 036 1,086 1, 154 3,425 3,672 4,611 4, 622 42 49 68 42 1,228 1, 277 1, 595 1, 684 2,194 2,395 3,015 2,932 2,014 1,864 1,838 1, 850 258 346 373 390 944 973 978 983 1,072 889 858 846 780 701 669 1,035 1,086 1, 060 1,002 1, 106 3,737 3,776 2,980 3,037 70 57 31 31 1,149 1,114 1, 025 1,065 2,572 2, 678 1, 940 1,976 1,692 1,700 1, 677 1,951 145 191 204 350 832 Til 717 904 852 923 956 1,021 630 864 710 357 1,265 1,570 1, 345 847 1,107 1,299 1,138 997 3,062 3,682 4,421 5,004 34 49 55 46 1,153 1,305 1,501 1,657 1, 917 2,362 2,918 3,360 2,303 3,311 2,288 1,516 634 1,138 757 256 1, 297 2,192 1,465 708 1,005 1,067 881 820 1,876 1,427 1, 502 1, 670 281 210 198 233 756 660 554 573 1, 086 871 956 1,080 5,306 4,492 4,926 4,318 66 64 69 76 1, 887 1,670 1,703 1, 393 3, 395 2,820 3, 234 2,924 1,636 1, 3f?6 1,430 1,447 171 - 169 114 82 729 646 646 584 897 708 805 855 1, 900 1, 636 1,903 2,214 300 236 223 480 716 643 747 1,056 1,173 996 1,104 1,168 4,524 4, 209 4,181 3,714 67 63 34 62 1,443 1,409 1,496 1,448 3,072 2,815 2,652 2,283 1,794 1,452 1,661 1,800 216 117 188 341 909 639 710 898 888 817 936 903 2,295 2,802 2,182 1, 810 631 785 624 353 1,156 1,382 1,131 788 1,104 1,373 1,106 1,018 3,607 4,816 5,416 5, 825 102 101 70 46 1,336 1, 669 1,779 1,911 2, 276 3,129 3,657 3,919 2,659 3,465 1,816 1,526 897 1,489 640 154 1,745 » 2,443 1, 097 688 894 981 777 837 1,884 1, 457 1,556 1,751 243 170 175 238 712 540 549 627 1, 155 915 991 1,108 6,253 6, 335 4,883 4,374 60 47 52 67 2,198 2,126 1, 854 1,559 4,016 3,227 2,976 2,809 1,697 1,412 1,367 1,348 149 106 83 105 773 693 654 613 920 725 719 726 1,800 1,673 1,798 1,934 275 201 169 306 746 631 641 826 1,141 1,030 1,141 1,092 4, 321 4,296 4,091 3,196 46 29 23 25 1,608 1,417 1,477 1, 213 2,735 2,852 2,605 2,017 1,344 1,550 1,672 2,005 118 153 226 444 629 650 712 1,022 723 903 950 978 2,566 2,737 2,363 2,083 580 751 549 309 1,166 1,339 1,096 816 1,312 1, 432 1,267 1,265 3,216 3, 990 4, 904 6,604 35 56 40 38 1,252 1,469 1,760 2,271 1,959 2,525 3,132 4,335 3,027 3,295 1,879 1,605 973 1,441 676 206 1,876 2,267 1, 154 750 1,097 1, 020 540 854 1,094 2,104 2, 054 1, 866 382 408 440 336 747 850 894 818 1,109 1,241 1,141 1,034 1,649 1,935 1,935 1,967 292 406 380 331 717 887 838 807 1,873 1,759 1,710 2, 149 359 259 223 469 2,397 2, 936 2,427 1, 825 j [ ^ 1933 Mav June July August _ . September October November December _ .. . ... _ . 1923 January February March April jV^ay June July August .. „.-• ... . ,- September October November --- > 1934 January February Mi arch April - ..... May June July August . _ September October November December .. ... -- --- -- 1925 F b ' - July - - ; ' ; • i | • i i These figures represent the movement at between 60 and 70 markets; data procured from the U. S. Department of Agriculture, Bureau of Agricultural Economics. Monthly data from 1920 appeared in November, 1922, issue (No. 15), p. 115. 99 Table 68.—PORK PRODUCTS [Base year in bold-faced type; relative numbers on opposite page] PRODUCTION i— INSPECTED SLAUGHTER YEAH AND MONTH Total pork products Lard COLD-STORAGE HOLDINGS » (end of month) EXPORTS' Total Other products Lard Total Lard APPARENT CONSUMPTION* Lard, Fresh and Total pork Smoked prime hams, contract, products Chicago cured New York Thousand of pounds 1913 monthly average... 1914 monthly average. __ 1915 monthly average... 1916 monthly average 1917 monthly average.. _ 1918 monthly average... 477, 177 450, 851 524, 294 565, 691 449, 570 583, 154 1919 monthly average... 1920 monthly average.. _ 1921 monthly average. ._ 1922 monthly average... 1923 monthly average. __ 1924 monthly average... 588, 978 539, 455 560, 212 618, 276 765, 178 720, 862 1933 January February March April Dollars per pound $0. 166 .167 .153 .185 .252 .318 $0. 110 .104 .094 .135 .219 .261 384, 407 407, 684 440, 649 478, 402 584, 710 580, 817 .343 .334 .268 .265 .212 .202 .290 .200 .111 .115 .123 .133 688,924 783, 680 864, 674 939, 801 578, 870 485, 257 575, 909 474, 077 .202 .203 .206 .212 .118 .118 .126 .120 84, 530 123, 896 143, 579 115, 860 908, 771 908, 505 866, 159 754, 262 597, 664 574, 660 580, 811 615, 149 .211 .211 .217 .223 .116 .117 .113 .116 685, 751 542, 544 612, 813 758, 211 72, 608 35, 525 35, 327 49, 340 613, 143 505, 946 577, 496 708, 871 562,020 693, 845 639, 679 638, 613 .223 .219 .209 .205 .128 .133 .141 .132 855, 020 946, 788 1, 015, 683 1,007,215 54, 130 68, 557 85, 712 101, 945 798,859 878, 231 929, 971 905, 270 650, 363 558, 764 515, 641 556, 581 .193 .184 .189 .190 .128 .117 .116 .113 52, 111 49, 894 ' 61, 502 59, 167 1, 020, 811 1, 022, 670 960, 501 834, 953 128, 152, 150, 124, 226 685 243 552 892, 585 869, 985 810, 258 710, 401 589, 565 622, 880 641, 680 535, 999 .194 .196 .204 .222 .110 .111 .126 .143 48, 842 71, 873 42, 610 43, 804 649,268 441, 950 462, 534 703, 224 83,854 31, 566 35,042 60, 243 565, 414 410, 384 427, 492 642, 981 561,226 634, 905 553, 447 548, 753 .223 .216 .205 .207 .144 .165 .153 .169 892, 730 112,607 82,058 76, 826 113, 205 120, 932 108, 209 187, 554 35, 555 31, 060 45, 735 85,377 77, 149 141, 819 644,543 669, 283 875, 323 85, 741 74, 117 90, 959 558, 802 595, 166 784, 364 87, 986 104, 622 119, 216 130, 652 159, 686 160, 849 219, 803 128, 004 138, 308 123, 924 165, 620 141, 289 63, 409 51, 021 72, 412 63,913 86, 282 78, 668 156, 394 76,983 65,896 60,011 79, 338 62, 621 920, 959 906,345 761,914 647, 594 837, 466 826, 718 92,212 120, 413 119, 705 86, 573 77, 358 89, 730 828, 747 785, 932 642, 209 561, 021 760, 019 736, 819 904, 205 749, 437 852, 965 734, 590 181, 267 158, 557 173, 551 179, 292 196, 139 163,745 185, 197 164, 288 107, 786 89, 055 109, 187 85, 475 88, 353 74,690 76, 010 78, 813 745, 190 842, 781 931, 417 1, 025, 322 56, 266 59, 101 66, 743 85, 521 May June July August 736, 223 748, 584 702, 630 641, 311 155, 449 172, 279 163, 300 142, 084 165, 272 131, 708 141, 665 162, 965 93, 199 64,605, 69, 478 83,758 72, 073 67, 103 72, 187 79,207 993, 301 1, 032, 401 1, 009, 738 870, 122 September October ._ ._ November December 552, 109 711, 355 873, 007 975, 718 113, 261 132, 233 153, 212 191, 748 170, 657 158, 196 158, 908 188, 697 83,630 76, 378 74, 251 98, 578 87, 027 81,818 85, 657 90, 119 1934 January _ . February March April 976, 966 843, 874 765, 700 690, 514 227, 689 188,308 177, 602 170, 096 224, 660 190, 691 175, 420 137, 577 132, 758 99, 910 100, 726 73, 307 91,902 90,781 74, 694 64, 270 720, 999 737, 102 731, 931 648, 939 167, 289 166, 851 177, 565 121, 584 114, 759 109, 369 148, 208 135, 104 62, 648 59, 475 86,706 75, 937 492,734 560, 043 688, 552 912, 990 103,645 106, 781 130, 184 192, 596 114,652 132, 686 91, 730 120, 607 65,810 60, 813 49, 120 76, 803 May June July August September October _ . November December , _ 1925 Januarv _ _ February March. April WHOLESALE PRICES 6 I 219 May June July August 1 Production of pork products from animals slaughtered under Federal inspection reported by the U. S. Departent of Agriculture, Bureau of Animal Industry, given as total dressed weight, excluding meat from condemned animals. Slaughter of hogs under Federal inspection according to 1919 census figures amounted to 68 per cent of total slaughter. Monthly data from 1920, slightly revised since, given in May, 1922, issue (No. 9), p. 95, including data on exports, storage holdings, and apparent consumption also.2 Monthly data on lard from 1916 appeared in March, 1924, issue (No. 31), p. 54. Exports reported by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. The total includes bacon, ham, shoulders, lard, neutral lard, and canned, fresh, and pickled pork. In the division between lard and other products, neutral lard is included with "Other products." 3 Cold storage holdings, reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics, are distinctly seasonal. No allowance for this has been made4 in computing index numbers. Apparent consumption, including only meat produced under Federal inspection, has been computed from the inspected slaughter plus net imports less exports (including exports to Hawaii, Porto Rico, and Alaska) and the change in cold storage holdings. * Wholesale prices are averages of weekly quotations as compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Monthly data on ham prices from 1919 appeared in September, 1923, issue (No. 25), p. 55. 100 Table 69.—OTHER MEATS LAMB BEEF TOTAL MEATS Wholesale prices * Produc- Cold- Apparent ProducProducApparent Coldtion- storage contiontion— Steer Inspected Good Exports 2 storage 3 consumpYEAR AND MONTH inspected 1 h-oldsumpinspected tion [ native rounds, slaughter! ingsa holdings tion* slaughter slaughter 1 No. 8, steers, Chicago Chicago Dollars per pound Thousands of pounds $0. 130 .136 .129 .138 .167 221 852,588 810,258 S94, 710 986, 523 $36, 601 1, 137, 294 775, 465 866,157 1,137,872 39, 125 37,663 41, 776 35, 789 37,568 37,528 1, 075, 691 965, 241 972, 417 1,067,141 1, 229, 773 1,196,059 1, 166, 373 1,082,636 883, 627 719, 409 916,803 908, 715 845,1(8 833,686 845,680 913, 505 1,037,821 1, 040, 421 5,980 5,758 6,635 5,774 42, 413 35, 124 39, 611 38, 497 1, 372, 385 1, 148, 090 1, 290, 118 1, 177, 250 865, 283 949, 130 1, 028, 554 1, 109, 631 1, 036, 521 886, 726 1, 008, 352 j 918,328 37, 446 33, 649 35,138 35,145 4,445 3,556 2,752 1,785 38,642 34, 213 35, 592 36, 154 1, 212, 830 1, 197, 936 1, 142, 781 1,131,269 1, 062, 769 1, 093, 177 1, 058, 383 917,948 1,075,838 1, 017, 035 1, 019, 526 1, 088, 848 .173 .155 .136 .135 37, 059 37, 733 35, 495 38, 243 1,719 1,997 2,014 2,493 37, 619 39, 651 35, 592 37,709 1, 030, 129 1, 265, 529 1,368,200 1, 420, 762 735,657 608, 119 707, 993 864, 981 .170 .170 .170 .170 .139 .145 .150 .155 42, 502 36, 158 34, 642 33, 848 2,306 2,175 1,771 2,493 42, 622 36, 271 35, 139 34, 214 1, 471, 250 1, 257, 358 1,178,891 1, 122, 650 959,981 1, 046, 837 1, 110, 679 1, 087, 477 1, 138, 438 966, 232 922,520 991, 587 445, 895 379, €54 431, 223 431, 708 .170 .168 .165 .165 .169 .175 .170 .169 37, 187 35, 097 37, 539 38, 788 2,272 2,919 2,254 2,259 37, 179 34, 504 37,908 38,608 1, 203, 776 1, 154, 856 1,204,769 1,032, 459 1, 089, 146 1, 084, 932 1,012,370 886,090 1, 072, €39 | 1, 036, 438 1,110,810 | 1,006,315 466, 995 515, 864 415, 649 389,367 .165 .172 .183 .183 .160 .136 .129 .125 42,548 43, 566 35, 801 32,803 2,535 3,193 3,432 2,988 42, 198 42, 830 35, 521 33, 321 1,017,069 1, 155, 375 1, 167, 417 1, 386, 953 699,380 512, 308 566, 302 849, 074 .183 .133 46, 661 44,623 38,445 37,564 29, 120 31,831 3,722 4,531 6,026 .233 .230 .163 .150 .158 .171 .224 .213 .145 .145 .153 .152 38, 539 34, 399 41, 096 34,820 37, 188 37, 540 8,291 20, 174 22,090 3,294 3,742 2,516 415, 268 866, 345 392,832 405, 754 .154 .148 .145 .145 .135 .138 .145 .145 42, 526 34, 786 39, 354 37,685 65, 023 57,220 45, 893 46,041 439, 532 408, 162 403,123 437, 545 .145 .151 .158 .158 .146 .163 .185 .184 14, 997 14, 205 12, 086 9, 495 48, 187 63,421 93, 166 105, 577 426, 500 487, 199 418, 887 385, 366 .175 .175 .175 .171 451, 782 377, 326 378, 549 398, 288 9,899 11, 669 12, 920 13,827 102, 655 97, 874 93, 225 78, 177 445, 453 371, 197 371, 740 400, 792 445, 590 382, 657 435, 299 444, 732 13, 911 11, 909 14, 029 14,387 66, 063 59, 343 49,615 48, 878 481,787 551, 766 463,064 441, 160 16,375 16, 763 14, 417 9,329 47, 577 67, 165 100,336 142, 862 329, 810 314,784 331,971 383, 268 457, 910 522,309 13, 62o 12, 163 42, 609 32, 105 32,502 64,444 127, 200 192, 343 256, 523 1919 monthly av.... 1920 monthly av 1921 monthly av_... 1922 monthly av 1923 monthly av 1924 monthly av 448, 955 391, 387 371, 108 414, 045 427,407 437,667 32, 053 19, 545 15, 249 14,456 13, 594 13,286 237. 123 156, 117 99, 623 68, 521 75,389 79,481 421,636 388,330 362,655 399, 314 415,543 422,078 1923 January February March . _ April 425, 654 363, 867 397, 799 404, 975 12, 537 11,415 15, 144 12, 149 114, 113 100, 591 90,502 78, 535 May June _ July August 439, 161 415, 703 405, 013 454, 813 13, 647 14, 941 14,229 18, 179 440, 961 514, 441 459, 698 406, 801 September October November December - 1924 January February March April _May June - . July August - September ! October November December 1925 January February March April 140, 666 Apparent consumption J Thousands of pounds $0. 131 .133 .124 .130 .162 .221 1913 monthly av 1914 monthly av 1915 monthly av 1916 monthly av 1917 monthly av 1918 monthly av _ Coldstorage holdings 3 1,026,139 I 1, 220, C95 1, 094, 158 1,061,688 1,070,419 1, 193, 599 1,004,617 971, 441 2,337 May. . . . June July August _ _.. 1 Production from animals slaughtered under Federal inspection reported by the U. S. Department of Agriculture, Bureau of Animal Industry, given as total dressed weight, excluding meat from condemned animals. The slaughter under Federal inspection, according to census figures for 1919, amounted to 82 per cent of the total number of animals slaughtered in the United States in the Ciise of beef and 91 per cent for lamb. Monthly data from 1920, including also exports, storage holdings and apparent consumption and prices, appeared in May, 1922, issue (No. 9), p. 95. 2 Exports, as reported by the U. S. Department of Commerce, Bureau of Foreign andDomestic Commerce, include fresh, canned, pickted, and cured beef, and oleo o51 and 3tallow. Cold-storage holdings, reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics, are distinctly seasonal. No allowance for this has been made in calculating index numbers. Figures represent storage holdings on the last day of each month. Beef holdings include frozen, cured, and in process of cure while lamb4 holdings embrace frozen lamb and mutton. Apparent consumption has been computed from the inspected slaughter plus net imports less exports (including exports to Hawaii, Porto Rico, and Alaska), and the change in storage holdings and includes meat produced under Federal inspection only. • Wholesale prices are averages for the month from U. S. Department .of Labor, Bureau of Labor Statistics. 101 Tabfe n —POULTRY, EGGS, AND FISH » POULTRY Receipts, at 5 markets' YEAB AND MONTH EGGS Receipts at 5 markets 3 Cold storage holdings* Co3d storage holdings (case eggs) 3 Relative to 1916-20 Relative to 1919 POULTRY FISH Total catch, principal Cold storage holdings * fishing, ports Relative to 1919 Receipts at 5 markets' Cold storage holdings* Thousands of pounds Cold Receipts storage holdat 5 ings mar(case kets' eggs) « 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average . 1924 monthly average1 ports Canned salmon shipments 8 Cases 3,471 88 101 97 •78678 682 98 92 107 lt)l 86 103 114 117 105 120 94, 120 148 154 134 100 90 78 94 92 98 1OO 73 72 57 59 73 19, 804 19*148 21, 481 23,554 28,444 29, 822 100 fishing Cold storage holdings* Thousands of pounds Thousands of cases 7 100 68 Tetal catch, principal NUMERICAL DATA RELATIVE NUMBERS 1916—1920* monthly average 1913 montMy average 1914 monthly average 1915 monthly average 1916 monthly average -1Q17 monthly average 1918 monthly average FISH EGGS 3,069 3,504 3, 367 * 13, 518 » 13, 549 « 14, 300 16, 936 15, 999 18, 549 62, 501 1, 18& 1^027 1,229 1, 357 1, 393 1, 243 4,156 3, 261. 4,171 6, ia7 6,355 4,642 17, 358 15, 675 13, 608 16,260 1«, 023 17,005 61, 764 45, 296 44, 355 35, 311 36, 210 45, 050 853 1,025 2, 124 2, 237 213 13 453 3,737 7,885 11, 647 15, 518 15,120 40, 033 27,070 16, 724 10, 590 424,048 366, 159 175,002 187, 187 2,884 2,072 1, 338 1, 205; 7,890 10, 222 10, 509 9, 883 15, 392 16, 931 20,991 20, 834 12, 312 17, 870 27, 237 39, 101 253, 212 445, 127 390, 688 653, 480 991 8,737 6,645 831 568 •* 4,028 587 1,927 20, 259 19, 954, 15, 624 12, 119 53, 220 62,616 63,458 64, 290^ 834, 304 962,709 648; 648 403,992 44,032 64, 798 . 46, 146 50,278 54,276 68,045 64, 974 100 97 108 119 144 151 100 71 78 84 105 100 221 119 8T 63 188 175 146 115 72 86 179 188 6 (8) 13 108 45 67 89 87 65 44 27 17 43,735 23,619 17, 154 12,446; 68 84 84 91 88 76 64 53 243 174 113 101 227 294 303 285 89 98' 121 120 20 29 44 63 13, 392 16, 562; 16; 696i 18; 068 57, 274 49, 100 ! ; 41, 250' 34, 131 95 138 292 382 51 62 98 145 83 70 48 49 252 191 116 55 117 115 9.0 70 86 101 103 104 18, 848 27,412 57,819 75, 576 33, 142 40,363: 1 63, 274 i 93,434 191 139. 85 79, 154 144 117 80 60 84 101 209 14 1 16 104 69 96 101 96 86 65 48 35- 37,915 27, 447 16,893 15; 608 99,486 93}528 76,035 52,068 713 999 1, 196 2r.487 500 44 569 3, 609 10,259 16, .772 17,. 555 16,535 52,627 40, 421 29, 571 21, 489 300,041 416,378 294>709 195,188 90 91 100 92 61 54 52 52 220 153 122 89 200 251 267 252 89 106 130 115 35 44 58 80 17, 742 17, 824 19,780 18,205 39, 247 34,;832 33, 542 33, 862 2, 610 1,823. 1,445 1,,060 6, 944 8,697 9, 264 8,751 15, 440 IS, 334 22, 592 20,018 21, 840 26, 986 36, 036 49, 113 200, 300 337, 809 660, 5'.»1 780, 775 100' 138 313 390' 62 86 136 206 73 62 39 43 214 153 89 43 115 116 81 71 92 108 114 111 19, 768 27, 344 62,029 77,309 40, 090 55, 430 87, 975 133, 589 872 741 46T 508 7,416 5,295 3, 101 1,509 19, 937 20,215 14, 040 12,353 56,607 928, 769 66, 754 1, 085, 639 70, 398 687; 168 68, 760 154 213 53 2 89 30, 460 138, 258 634 82 • 467, 086 471,438 1933 January February March._ April . - « - I ; May - July August ... September October November \ \ - , 121, 632 113, 503 94,872 74, 562 ! 1924 March April . _ July September October November _ _ . December - 192& January February 55, 009 April May July * Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, except fish catch representing landings, of fresii fish from vessels at Boston: and Gloucester, Mass., Portland, Me., and Seattle, Wash., compiled by U. S. Department of Commerce, Bureau of Fisheries, and shipments of canned salmon from Puget Sound, Astoria, Portland,, pr.eg. (except small rail shipments), San Francisco, and in. bond, through Prince Rupert, Bs O>, representing practically complete-pack of the United Canned Fish Brokers' Association, in cases ol48>one-pound cans to th&casei Monthly data oji eggs-and on fish, except sal"* ""• ). 97 and 99. . ,. _ .... .„„.. San Francisco. Total of weekly figures with first and last weeks of month prorated. Monthly data from 1920 7 appeared in June, 1922, issue (No. 10), p. 43. 3 Holdings at the end of the month. * As of 15ttr o£ the month. 6 Excluding Portland and Seattle. « Does not include Portland, Oreg., whose water shipments totaled 25,227 cases in January, 1923, and an average of about 2,000 cases for each of the five succeeding months of 1923. f One case of eggs equals 30 dozen, or about 45 pounds net 8 Relative number less than 1. 102 Table 71.—CONDENSED AND EVAPORATED MILK PRODUCTION i Evaporated Condensed Evaporated Powdered Condensed EXPORTS * Evaporated YEAR AND MONTH Evaporated j UNSOLD STOCKS » Condensed Condensed TOTAL STOCKS » 152, 177 125, 181 114, 529 118, 158 155,129 113, 727 120,073 97, 744 94, 551 140,902 26, 436 25,295 15, 415 13,288 14, 887 10, 451 14,069 8,021 10, 116 9,650 76, 244 79,850 73, 983 70, 909 116, 104 34, 252 24, 140 16, 141 16, 392 17, 628 4,734 4,781 5,331 10, 891 11, 407 11,837 516 203 461 4, 029 12,520 23,123 22, 591 116, 852 135, 895 141, 620 117, 581 123, 698 140, 735 117, 686 101, 435 20, 750 21, 775 16, 744 15,529 3,057 9,360 16, 261 17, 980 99, 653 109, 238 84, 331 67, 274 16, 625 16, 530 9,207 11, 537 6,678 4,817 3,387 3,220 9, 032 10, 890 5,436 8,027 915 823 384 2SO 20,499 19, 196 19,988 17, 077 17, 939 11, 642 5,105 1,886 119, 624 91, 642 61, 540 49,995 108, 770 53, 951 17, 320 13, 621 14,251 10, 663 8,435 8,356 15, 999 9,992 4,127 957 78, 217 33, 064 4,609 4,229 10,680 16, 249 12, 310 10, 137 3,023 3, 529 5,210 3,430 7,526 12,537 6,794 6,420 131 183 306 287 67, 144 79, 494 83, 815 100, 890 16, 145 17, 938 13, 710 13,554 2,463 4,446 6,387 6,748 48, 406 56, 987 63,581 80, 391 21,200 33, 121 43,004 57, 183 9,692 12, 380 7,069 8,436 1,218 1,925 1,947 1,.962 10,164 18, 701 33, 864 46, 596 10, 536 12,928 20,372 18, 317 3,500 3,015 4,675 4, 743 6,739 9,704 15, 359 13, 433 297 209 338 141 126, ,530 169, 285 190, 343 194, 350 19, 526 25,329 26, 157 27, 183 8,963 13,958 23, 455 31, 853 97, 808 129, 658 140, 238 134, 886 77, 566 116, 580 105, 712 126, 171 12, 336 18, 854 13,842 19, 770 2,715 7,765 16,228 22,596 62, 289 89, 628 75, 230 83, 384 16, 366 11,318 10,805 11, 359 5,741 4,492 4,383 4,612 10, 402 6,696 6,186 6,648 223 130 236 99 13,824 9,387 7, 356 6,691 227, 826 225, 940 211, 334 191, 149 25, 869 22, 582 18, 770 16, 180 30, 390 29,703 23, 741 22, 163 171,232 173,443 168,616 152, 553 151, 994 139, 786 132, 865 129, 428 18, 241 14, 635 12, 978 11, 225 20,250 18, 536 14, 448 11,803 113, 245 106, 411 105, 248 106, 150 14, 563 17, 763 22, 402 29, 969 5,070 5,225 6,782 5, 139 9,374 12, 314 15, 399 24, 631 119 224 221 199 79, 416 90, 230 127, 548 126, 501 7,869 9, 175 11, 349 15, 445 191,312 155, 349 138, 362 127, 464 15, 368 11, 000 13, 480 12, 220 20, 250 18, 079 13,376 11,918 155, 574 126, 103 111, 353 102, 997 141, 289 106, 008 86, 427 81, 050 11, 385 6,412 4,855 7,264 13, 523 12, 395 6,979 5,971 116, 262 87, 048 74,450 67, 499 33 838 21 331 12, 735 15,548 8,077 5,105 5,116 5,926 25, 546 15, 922 7,396 9,379 215 304 223 243 20, 108 17, 361 12, 874 10, 115 147, 260 158, 123 144, 297 93, 693 22, 126 28, 244 21, 471 14, 516 142, 838 199, 602 288, 459 282, 431 18,064 25, 088 23, 481 33,007 12, 720 19, 031 30, 257 24,093 111,816 155, 163 234, 288 224, 960 100, 802 153, 926 230, 769 213, 166 14, 774 21, 722 20, 792 28,002 5, 595 9,710 20, 071 11, 532 80, 201 122, 174 189, 528 173, 260 14,290 11, 712 13,779 16, 339 6,986 4,690 4,819 5, 392 6,933 6,771 8,782 10, 502 371 251 178 445 11, 358 87, 189 12, 101 242, 543 202, 977 180, 054 159, 592 27, 375 22, 616 18, 070 14, 604 20, 833 15, 476 13, 974 11,802 194, 066 164, 538 147, 598 133, 093 185, 584 141, 633 132, 578 117,590 22, 759 16, 744 13, 282 10,650 9,733 7,744 6,330 6,212 152, 824 116,808 112, 553 100, 639 20, 374 23, 862 16, 384 11, 349 4,192 6, 265 4, 306 3,096 15, 892 290 16, 335 1,262 10, 818 1,260 7,766 487 Total Total Total Case Bulk Case goods goods goods Case Bulk Case Bulk goods goods goods goods Case Bulk Case goods goods goods •3 1 Thousands of pounds 1920 mo. av 1921 mo. av 1922 ino. av 1923 mo. av 1924 mo av 131, 501 122, 014 119, 279 147, 907 29, 008 16, 987 19, 531 16, 567 8,979 7,365 8,862 12, 258 82, 117 85,798 79, 457 104, 963 11,398 j 225,464 | 54,488 18, 102 11,864 178,054 j 33, 089 18, 892 11,430 | 147,411 21, 921 10, 614 14,119 i 155, 675 20, 245 17, 023 192, 582 19,531 17,651 1922 May June July A ugust 173, 234 178, 881 135, 519 119, 046 34, 706 32, 211 14, 334 15, 845 14, 505 15, 987 9,790 7,447 107, 521 111, 895 94, 344 81, 205 16, 502 18, 788 17, 051 14, 549 145, 668 173, 817 187, 367 161,850 233 933 25, 032 22, 125 21, 014 September October-.November December 104, 308 109, 507 86, 112 93, 107 15, 359 19,896 13, 963 11, 613 7,605 7,960 6,658 9,355 69, 245 74, 106 58, 513 64, 969 12, 099 7,545 6,978 7,170 158, 370 122, 716 86, 788 69, 042 1923 January February March April 113,461 108, 490 131, 254 170, 078 13, 645 12,004 18, 336 23, 851 11,414 10, 222 11, 579 13, 604 78,903 77,908 89, 001 118, 192 9,499 8,356 12, 338 14, 431 June July August 201, 726 228, 545 191, 905 152, 781 23, 674 19,869 16, 776 12, 142 18, 915 19,009 14, 657 12, 232 138, 350 20, 787 160, 923 28, 744 139, 687 20, 785 111, 181 17, 226 September October November December 135, 158 133,486 105, 663 102,334 11, 867 15,909 13, 732 17,001 9,868 10?015 7,675 7,906 99, 599 98,175 76,900 70, 736 1924 January February March April 109,004 121, 573 166, 625 178, 124 14, 723 14, 685 18, 135 23, 038 6,996 7,483 9,593 13, 140 May June July August 214, 661 221, 874 193, 376 128, 364 25, 167 18, 146 14, 734 10, 040 September October November. December 124,307 13, 659 May 1925 January February March April " • May . _. June July August . 1 Data on production and stocks from U. S. Department of Agriculture, Bureau of Agricultural Economics, representing practically complete data for the industry. Production figures are reported only every three months, while stocks are available currently. Stocks, both total and unsold, are given as of the end of each month, stocks of evaporated bulk goods being included in each total, but omitted in detail on account of the small quantities usually held. Condensed milk is sweetened by the addition of sugar while evaporated milk is simply milk reduced in volume. The bulk goods are generally destined for bakeries, etc., while case goods are for the retail trade. 2 Exports are from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Prior to 1922, when separation was made into classes, the total exports did not include powdered milk. Monthly averages of total exports for years 1913 to 1919, inclusive, appeared in November, 1924, issue (No. 39), p. 131. 103 Thous. of cans, Thous. 40 qls. of qts. each Milk cnocolate, Prowhole Butter Cheese ducmilk (Am.) tion e powder, etc. RePro- ceipts ducat 5 tion* markets i Thous. of gals. Thousands of pounds 5,715 10, 470 63, 293 66, 107 11, 098 12, 358 12, 193 13, 108 15, 284 70, 833 71, 965 87, 912 96, 126 104, 268 45, 871 39, 269 47, 448 54, 207 54, 861 57, 480 67,229 59, 754 56, 623 59, 959 47, 074 73, 518 Thousands of pounds 1ep1 o>WJ •3 £ fc Dolls, per pound RePro- ceipts at 5 duction * markets * Thousand»s of pounds Dolls, per pound I1 1913 mo av_ 1914mo.av_ 1915 mo. av. 1916 mo. av_ 1917 mo. av 1918 mo. ay. 1,496 1, 513 1,590 1,613 1,652 11, 727 1,763 12, 193 1919 mo. av. 1920 mo av 1921 mo. av. 1922 mo. av. 1923 mo. av_ 1924 mo. av. 1,873 2,035 2,144 2, 232 2, 461 2,491 13?059 13, 865 14, 116 14, 878 15, 391 7, 145 7,786 12, 141 13, 224 18, 036 21, 462 302, 837 235, 717 214, 191 113, 136 98, 474 100, 810 74, 127 49, 954 45, 013 58, 787 62, 070 40, 753 34, 242 19, 728 21, 882 22, 526 7, 496 5,734 1933 January February _ _ March April 2,170 2, 002 2,295 2,297 14, 357 13, 081 15, 080 14, 714 16, 077 15, 421 18, 118 18, 154 199, 739 215,522 275, 167 281, 218 88, 838 97, 351 106, 893 100, 660 40, 341 44, 845 57, 358 56, 107 55, 355 52, 407 76,, 592 84, 246 13, 308 17, 187 26, 735 28, 912 1,896 3, 732 7,591 11,114 6,052 5,625 8;570 12, 433 83, 688 74, 184 88, 311 100, 547 48, 123 40, 662 50, 409 48, 699 16, 122 8,910 4,824 3, 248 May June July August 2,550 2,747 3, 562 2,479 17, 051 17,906 16, 703 15, 653 20, 526 20, 973 18, 630 17, 742 277, 197 300, 302 311, 749 236, 599 94, 167 105, 341 107, 153 92, 156 61,907 63,258 64, 955 51, 533 90, 308 92, 309 96, 534 67, 302 23, 411 26, 354 30, 052 16, 086 7,404 13, 041 13, 064 9,521 19,667 29, 034 31,137 25, 957 134, 350 158, 371 148, 278 120, 802 65, 330 90,415 75, 692 58, 814 September . October November . December.. 2,411 2, 403 2,282 2,335 14, 928 16, 067 15, 738 16, 684 14, 783 17, 559 14, 795 20,491 194, 506 203, 513 150, 511 182, 576 90,870 92, 303 84, 054 97,906 42, 601 38, 826 32, 048 45,670 38, 662 45, 44€ 20, 674 24,834 14, 730 20, 559 9,230 10, 166 7,642 6,379 4, 505 4,001 17, 630 12, 725 7,495 7,087 102, 273 89, 297 74,909 77, 254 1924 January February _ _ March April 2,362 2,237 2,470 2,396 14, 684 21, 636 14, 031 21, 710 15, 718 23, 735 15, 862 23,185 188, 645 181,578 228, 268 250, 078 95, 890 95, 871 98, 533 99, 327 44, 516 48, 279 53,054 60, 431 28,158 25, 374. 43, 149 52, 349 16, 543 10, 820 29, 502 42, 027 3,537 3, 234 4,031 5,943 5,750 7, 754 9,152 13, 106 May Juno Julv August 2,577 2,637 2,684 2,646 17,263 17, 317 18, 448 16, 846 25, 503 25, 913 22,676 19, 009 266, 151 313, 982 290, 335 206, 597 107, 144 106, 769 110, 806 99, 194 50, 647 71, 150 57, 723 45, 193 60, 845 72, 664 75, 093 44, 754 37, 889 48, 830 33, 463 11, 544 9,626 14, 579 13, 250 5,913 September . October November . December 2,501 2,550 2,403 2,434 15, 8fll 15, 506 14, 926 187, 795 18, 131 18, 343 173, 144 17, 576 j 137,072 20,132 146, 649 99, 142 102, 503 96, 489 98,052 37, 751 33, 570 22, 126 27, 711 32, 821 26, 815 12, 318 14, 703 13, 1_63 7,794 5,336 5,667 4,919 2,463 802 515 1935 January February _ _ -March April May June.... i i* Wholesale price, 5 markets w Boston (including cream)3 Greater New York 2 YEAR AND MONTH ProTotal Distribduccontion, Soft Min- sumed uted cheese, as neap- or dis- fluid ice tribolis, milk cream, conSt. uted Paul* densed milk, etc. CHEESE Cold storage holdings (Am.)« Consumed for manufacture •of— Receipts BUTTER Cold storage holdings (creamery) » MILK CONSUMPTION • ^Dairymen'* League Cooperative Association) FLUID MiLKi ICE CREAM Table 72.—BUTTEB, CHEESE, AND MILK j II ".___ 1 51, 588 54,572 49, 737 26 125 47, 590 34, 638 22, 079 20 607 $0. 593 .586 .429 .403 .464 .418 23, 488 21, 224 21,811 23, 567 26, 024 16, 281 13, 814 14,805 16, 958 18, 346 17, 669 41, 442 $0, 310 .280 37, 559 30, 066 . 216 .211 30,675 .241 39, 579 .203 49, 464 . 508 15, 392 .492 15,606 .485 20,505 .445 24, 277 12, 887 12, 575 15, 573 16, 410 26, 593 20,693 14, 465 14, 077 .256 .249 .241 .216 10, 112 62, 768 101, 774 102, 731 .417 .403 .397 .441 33, 351 42,038 38,873 32, 111 18, 982 25, 421 25, 312 22, 291 17,507 36, 834 55,839 63, 960 .223 .238 .234 .244 51, 287 45, 703 41,316 41, 881 96,117 76, 472 51, 508 30, 299 .464 .479 .511 .530 28, 810 25,881 18, 522 16, 920 18, 445 21, 091 16, 870 14, 299 62, 384 57,027 55, 105 49,566 .256 .256 .248 .230 83, 603 82?906 91,409 111, 401 42, 615 48, 260 40, 741 52, 344 15, 246 9, 837 7,830 8,977 .519 .499. .462 .384 16, 976 18,139 21,936 24, 578 14,399 16, 243 12, 810 16, 440 40;506 35,223 28, 234 26, 159 .225 .221 .210 .182 17, 915 25, 448 30, 748 27, 003 139, 039 161, 538 173, 678 132, 568 €5, 366 92, 155 94, 977 69, 681 22, 328 74, 446 133, 402 156, 232 .383 .401 .396 .385 33,601 43, 383 38, 959 31, 517 19, 010 21, 639 25,544 19, 996 27, 148 45, 517 65, 716 76, 431 .184 .195 .196 .197 14, 874 109, 095 57, 304 50, 417 36, 776 39, 118 153, 271 135, 251 100, 743 65, 657 .£42 .385 .418 .440 28,983 18,497 17,804 14, 906 14, 745 73, 087 67, 651 58,7J8 49, 182 .203 .197 .202 .221 46,569 45, 812 ,414 15,378 41, 657 .228 1 Monthly data from 1920 on receipts at New York and Boston and production in the Twin-City district appeared in July, 1922, issue (No. 14), p. 46. Receipts at Philadelphia from 1920 were given in September, 1922, issue (No. 13), p. 50, and later data in August, 1924, issue (No. 36), p. 155. 2 Receipts-of milk, excluding cream, in the metropolitan area around New York City, including many large cities in New Jersey, from the Milk Reporter. 8 Receipts of milk at Boston by rail, including cream, from the Massachusetts Department of Public Utilities. < Production of whole milk by members of the Twin City Milk Association, ineJading most of the area within a 40-mil« radius of Minneapolis and St. Panl. « Milk delivered to milk plants from the Dairymen's League Cooperative Association, estimated to represent from 60 to 75 per cent of the milk handled in the association's territory, covering all New York State and parts of Pennsylvania, New Jersey, Connecticut, Massachusetts, and Vermont. 6 Data from U. S. Department of Agriculture, Bureau of Agricultural Economics, representing practically complete production, but reported only every three months. 7 Compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, covering Boston, New York,, Phil Philadelphia, Chicago, and San Francisco, and representing total of weekly figures with first and last weeks of month prorated. 8 Cold-storage holdings at end of month reported by U. S. Department of Agriculture, Bureau of Agricultural Economics. 9 Average of creamery butter,, 92 score at Boston,, New York,, Philadelphia, anc San Francisco, as compiled by U. S. Department of Agriculture, - „- of weekly -- „ prices .,. , Chicago, 0 _, and Bureau of Agriculture. 10 Average of weekly prices of American cheese, No, 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco, as compiled by U. S. Department of http://fraser.stlouisfed.org/ Agriculture, Bureau of Agricultural Economics Federal Reserve Bank of St. Louis 104 Table 73.—SUGAR EXPORTS i RAW SUGAR YEAR AND MONTH Imports i Receipts, Louisiana Stocks, crop at Meltings 2 at refineries 2 New 3 Orleans Refined, Including maple Long tons 1909-1913 monthly average 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average CUBAN MOVEMENT » RETAIL * Raw, Granu- PRICE. Index, Receipts, 96° lated, 51 Stocks, cities centrifin Cuban Exports end of month ugal, bbls., ports N.Y. N.Y. Rel. to ]913 Per pound _. - WHOLESALE PRICE* Long tons 2,953 175, 664 201, 437 196, 569 205, 716 183, 802 192, 219 16, 184 10, 109 8, 501 14, 050 261, 149 298, 685 229, 266 361, 789 275, 249 306, 266 8,154 4, 704 8,812 9,545 7,286 1,926 14, 524 35, 838 58, 812 37, 602 15, 152 $0. 035 .038 .047 .058 .063 .064 $0. 043 .047 .056 .069 .077 .078 100 108 120 146 169 176 54, 891 34, 371 34, 739 68, 341 16, 520 16, 38] .075 .130 .048 .047 .070 .060 .089 .126 .062 .059 .084 .075 205 353 146 132 184 167 330, 192 288, 005 314, 662 329, 161 286, 438 335, 486 325, 273 290, 391 309, 747 335, 519 284, 099 329, 544 644, 484 496, 806 1, 130, 682 499, 290 398, 700 458, 405 .067 .073 .086 .092 151 158 185 193 501, 271 681, 939 861, 736 563, 325 309, 831 474, 764 647, 008 461, 321 276,288 i 1 257, 174 81, 311 95, 428 105, 357 150, 022 14, 102 6,601 325, 233 338, 430 299, 891 423, 659 348, 165 382, 219 240, 034 245, 907 578, 101 391, 741 33, 899 1,506 728 896 251, 140 342, 715 510, 653 486, 421 80, 617 124, 164 284, 800 327, 081 4,718 29, 438 39, 324 .053 .062 .073 .078 367, 891 310, 712 214, 462 202, 336 663 585 1,076 1,368 474, 169 396, 265 259, 654 316, 729 315, 680 293, 023 228, 840 209, 798 43, 679 31, 669 3,181 2, 624 .079 .074 .069 .061 .094 .092 j .085 .076 204 202 191 175 325, 987 180, 755 90, 088 64, 878 399, 020 272, 957 154, 726 148, 237 669, 543 199, 870 . 278, 575 163, 211 110, 143 1,998 22, 680 37, 805 66, 014 268, 365 384, 200 288, 031 199, 642 192,375 4,293 2,772 3,060 .070 .076 .073 .073 .082 .090 .087 .088 175 193 187 189 62, 810 68, 671 209,473 285, 549 86, 266 25, 876 244, 986 83, 151 3,714 J anuary . February March April 230, 919 409, 553 466, 527 384, 952 22, 262 1,769 152 174 228, 670 426, 927 460, 441 426, 955 79,208 3,499 131, 689 237, 119 277, 027 7,181 14, 413 25, 342 .067 .072 .069 .064 .084 .087 .085 .079 185 187 189 181 548, 358 736, 588 856, 029 634, 044 341, 821 527, 741 613, 483 380, 109 240, 622 437, 958 660, 388 945, 715 May June ... July August 370, 001 326, 913 377, 399 269, 500 347 331 672 1,010 432, 206 468, 314 503, 482 448, 493 338, 092 367, 971 321, 238 226, 408 30, 055 22, 329 22, 054 .056 .051 .051 .054 .073 .065 .066 .066 167 151 153 149 375, 924 141, 668 168, 812 164, 990 376, 019 291, 008 366, 293 315, 283 929 239 788, 141 570, 802 307, 838 242, 353 155, 161 134, 073 457 163 14, 057 37, 812 422, 650 323, 907 288, 073 156, 512 154, 805 82, 899 34, 972 36, 922 24,510 5,388 .060 .060 .058 .053 .071 .073 .073 .072 156 160 160 160 177, 353 85, 762 43, 574 92? 726 333, 992 195, 683 148, 986 64, 111 273,426 145,422 2,928 296, 101 94, 110 .046 .061 637, 599 375, 213 293, 891 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 9,236 195,854 191, 179 190, C96 1933 January February March April . __ . May June « _ _ . _ July August ._. September October November.. December.. , 121, 656 58, 189 57, 929 31, f>32 1,853 ! 9,920 460, 009 653,692 756, 155 590,209 523,687 429,588 31,246 22, 162 1934 September October November December . _ . _ _ ... . .. 1925 January February March April . . May June July August 39,097 1,843 863 432,123 41, 460 40, 569 •" - - .-- 1 2 . " Imports of raw sugar and exports of refined from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Figures include reports from eight ports as compiled by the Statistical Sugar Trade Journal, covering Boston, New York, Philadelphia, Savannah, New Orleans, Galveston, and San Francisco until 1921, when Baltimore was added upon completion of refinery in that city. Prior to that year it is stated that little sugar moved through Baltimore. Meltings are calculated from weekly reports the odd days being prorated. Stocks represent the amount of raw sugar in the hands of refiners on the dates nearest the end of the month as reported for each port. 3 Receipts of the Louisiana cane crop at New Orleans from the Statistical Sugar Trade Journal. * Wholesale price of raw sugar, duty paid, and of granulated sugar in New York, and retail price index for 51 cities from U". /S. Department of Labor, Bureau of Labor Statistics. s Statistics of receipts at Cuban ports, exports from Cuba, and stocks at Cuban ports from Statistical Sugar Trade Journal. Monthly data from 1920 appearel in June, 1922, issue (No, 10), p. 49. 105 Table 74.—COFFEE AND TEA1 [Base year In bold-faced type] COFFEE TEA Visible supply, end of month YEAR AND MONTH World total Clearances from Brazil Receipts in To United Brazil 2 Total ' United States States 4 Imports into U.S. Imports into U.S. COFFEE Visible supply, end of month World total Relative to 5-year average Relative to 1913 United States 100 125 121 138 155 94 111 135 129 142 90 99 107 107 128 82 84 90 101 105 119 117 136 91 162 131 127 159 148 121 147 143 148 137 155 Ift6 134 82 92 77 98 108 93 100 100 100 100 96 80 79 86 94 110 142 121 112 131 106 122 111 127 102 132 80 68 111 94 96 124 Total » Imports into U. S. To United States * Imports into U. S. Thousands of pounds NUMERICAL DATA 100 100 Clearances from Brazil Thousands of bags * RELATIVE NUMBERS 1909-1? 13 mo. av.. 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av 1917 ino. av Receipts in Brazfl» TEA 11,819 11, 371 9,468 9,280 1,835 491 474 544 610 75, 659 71,044 84, 256 102, 438 97, 241 107, 209 8,241 7,418 8, 151 8,842 8,814 10, 566 813 831 891 1,003 1,036 1,175 1,157 536 359 637 513 499 625 582 91, 788 111, 130 108, 118 111, 956 103, 837 117, 321 118, 047 11, 044 6,747 7,567 6,374 8,093 8,927 7,700 1,577 1,727 2,017 2,611 935 1,151 1,072 1,249 1,009 990 1,207 1,103 1,261 1,014 7,941 8,913 8,730 5,863 4,837 1,851 1,213 1,695 1,686 1,087 903 726 1,261 762 558 1,064 894 916 1,186 393 1918 mo. av... ... 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av .. 1923 mo. av 1924 mo. av 67 75 74 50 41 101 66 62 92 59 49 40 1933 January —.._.. February .. March April 65 63 59 52 46 59 66 56 105 93 77 27 124 120 117 69 176 211 153 54 153 174 232 161 106 65 51 52 7,721 7,494 6,936 6,104 819 1,090 1,208 1,033 1,004 889 739 257 1,226 1,187 1,155 679 693 828 601 212 115, 608 131, 975 175, 876 114, 073 8,738 5,376 4,221 4,309 May Juns July August 46 45 47 49 45 47 43 39 31 60 108 133 69 72 78 156 91 79 86 204 120 94 92 96 66 81 117 116 5,451 5,297 5,524 5,777 826 860 798 716 298 577 1,031 1,269 679 717 773 1,543 356 309 339 803 90,416 71, 140 69, 541 72, 966 5,406 6,710 9,609 9,569 September., October 1 November December ._ 49 45 40 36 51 51 48 39 132 132 125 127 168 183 138 130 226 246 190 192 154 187 218 189 157 173 149 167 5,742 5,325 4,694 4,293 044 944 884 712 1, 265 1,265 1,189 1,214 1,664 1,812 1,371 1,288 890 968 748 756 116, 781 141, 336 164, 947 143, 196 12, 921 14, 259 12, 287 13, 722 1934 January February March April 36 35 33 37 37 31 36 35 129 110 116 118 115 131 112 74 128 162 147 118 182 145 169 148 95 63 74 72 4,198 4, 183 3,892 4,351 670 571 652 634 1,235 1,054 1, 109 1,131 1,134 1,297 1,015 728 505 635 576 463 137, 397 109, 994 127, 771 111, 957 7,831 5,182 6,075 5,922 May June July August 39 42 37 44 36 41 48 53 112 116 57 161 95 105 101 147 119 161 103 144 161 146 181 150 51 77 96 105 4,665 5,020 4, 351 5,183 657 760 873 966 1,073 1,110 540 1,539 940 1,039 997 1,455 466 634 406 566 121, 600 110, 101 136, 627 113, 526 4,173 6,344 7,929 8,638 September October November . . December 48 48 48 46 40 42 44 33 175 161 131 103 143 175 122 93 181 210 170 135 110 176 153 150 110 143 130 105 5,653 5,734 5,661 5,388 738 772 803 611 1,672 1,536 1,249 980 1,419 1,730 1,210 923 713 827 668 530 83, 637 133, 497 116, 349 114, 113 9,079 11, 794 10, 751 8,688 45 39 92 105 159 5,290 713 874 1,042 623 1925 January . . ... February ..... March Apiil ^ June July " . .." : :.. 1 Data on coffee except imports received from the New Yorfc Coffee and Sugar Exchange, Inc.; imports of coffee and tea from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data for 1920 and 1921 appeared in May, 1922, issue (No. 9), p. 102, data for 1922 in May, 1924, issue (No. 33), p. 156. 2 Represents total receipts at Rio and Santos. 3 Represents total clearances from Rio, Santos, and Victoria. * Represents total clearances from Rio, Santos, Victoria, and Bahia. 6 A bag of coffee averages 132 pounds. TaMe 75.—TOBACCO [Relative numbers for base year in *«dd-faoed type; nitmerJca! data on opposite page] MANUFACTURED PRODUCTS UNMANUFACTURED Wholesale priee Stocks * (quarterly) Production (crop estimate) * YSA.R AND MONTH Sales, loose leaf ware-} house 1909-1913 monthly average. .. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 month! v average 1924 monthly average . Eel. to 1919 Chewing, smoking, smrff, Cigar types and 100 80 90 51 61 49 107 203 124 137 114 132 153 70 43 28 5 133 85 101 129 143 148 1 (7) 0 46 92 165 149 109 156 147 144 152 86 100 120 115 123 149 171 177 94 58 29 6 161 136 209 203 § 2 144 147 159 107 125 152 125 Burley, Total, leaf, including: good red imported dark jLotJss— types vi!!e Eel. to 1909-1913 100 117 92 114 126 67 100 06 104 107 116 125 Exports 3 (*) Exports, leaf' export types Eel. to 1909-1913 Consumption * (tax-paid withdrawals) Manufactured tobacco anci SHUff Large cigars Small cigarettes Cigarettes Relative to 1913 100 93 98 77 75 1OO 101 109 94 101 100 100 95 87 93 100 100., 111 104 115 169 100 99 100 105 109 100 103 113 101 114 108 115 163 227 104 90 184 303 120 127 127 151 138 149 164 79 82 88 93 104 109 111 108 114 117 134 129 137 147 277 245 259 222 208 210 197 112 96 90 87 95 93 93 93 93 105 89 91 92 88 300 341 287 327 344 414 456 524 699 683 368 495 532 ^457 208 208 208 208 100 88 99 92 89 80 91 84 413 357 389 363 470 394 485 550 208 211 212 212 98 97 91 98 91 94 93 98 429 450 450 452 582 530 677 480 212 212 212 212 92 98 90 71 95 113 103 78 429 484' 414 342 632 529 496 554 212 212 212 212 103 96 94 89 80 79 82 79 483 374 406 411 512 342 340 587 212 192 186 186 94 91 93 95 88 89 94 91 493 498 508 487 603 629 385 405 186 186 186 186 99 103 82 77 96 101 95 81 484 501 413 420 449 361 434 433 100 1923 Januarv _ February i March April _ , May 1 June Julv August ....... September October _ _ November December _._ __ „ . . _. ! 134 119 150 148 115 138 134 106 127 150 97 134 • 1934 January February March . April May June Julv .August-. 1 _ __ ..... .., _ > SftDtembgr October November December 130 121 () 41 140 178 108 111 120 119 137 125 83 101 80 87 121 181 146 142 7 1 183 114 160 164 120 149 153 110 140 156 100 139 1935 1 January. February March April 186 j Mav June July._August 1 See footnotes on opposite page also. i Estimate of production of the tobacco crop from the U. S. Department of Agriculture, Bureau of Agricultural Economics. The annual figures represent the latest revised estimates of the year s total crop, not monthly averages, while the monthly figures represent the current estimate of the total crop for the year made the first week of each month. Revisions Oi the December estimate for each year are made in December of the following year. 3 Exports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 107 Table 76.—TOBACCO [Base year in bold-faced type; relative numbers on opposite page] UNMANUFACTURED MANUFACTURED PRODUCTS Wholesale price 6 Stocks < (quarterly) Sales, Production loose-leaf Exports, Chewing, leaf 3 waresmoking, estimate) * houses 2 snuff, and export types YEAR AND MONTH Cigar types Burley, Total, including imported dark red, types Louisville S3? Dollars Thousands of pounds 1909-1913 monthly average 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average . 996, 176 31, 417 953, 734 1, 034, 679 810, 469 835, 462 915, 452 821, 564 923, 240 369, 803 344, 971 361, 114 286, 007 275, 770 1, 334, OU $13.30 j 1, 224, 524 1, 343, 396 1, 165, 332 14.65 13. 79 15.23 ! 1,250,801 22.30 975, 427 1, 030, 642 1, 026, 109 1, 227, 487 1, 121, 075 1, 207, 714 1, 329, 960 291, 214 303, 343 327, 185 344, 617 386, 091 404, 584 410, 435 1, 337, 747 1, 402, 525 1, 440, 507 1, 650, 022 36.57 _ _ 1, 153, 278 1, 249, 276 36, 754 28, 827 35, 877 39, 784 21, 186 _. 1, 439, 071 1, 465, 481 1, 582, 225 1, 069, 693 1, 246, 837 1, 515, 110 1, 242, 623 33, 656 63, 826 38, 946 42, 946 35, 907 41, 434 48, 005 1,062,237 _ . .. _ _ per 100 pounds « ss, 149 65, 280 74, 254 41, 601 42, 028 40, 261 1,587,422 1, 689, 639 1, 814, 686 32. 35 34.18 29.28 27.50 27.78 26. 03 Consumption 6 (tax-paid withdrawals) Manufactured tobacco and snuff 3 Large cigars Thousands of pounds Exports 3 Small cigarettes Cigarettes Thousands 193, 334 36, 990 36, 745 36, 863 38, 847 40, 248 630, 959 597, 849 549, 932 586, 844 629, 991 1, 396, 308 1, 404, 636 1, 497, 029 2, 107, 525 2, 944, 272 41, 423 35, 339 33, 324 32, 208 35, 019 34, 342 34, 390 587, 796 589, 363 661, 418 563, 218 574, 383 583, 241 554, 867 3, 888, 075 4, 426, 649 3, 720, 072 4, 240, 181 4, 463, 752 5, 370, 890 5, 917, 368 1, 012, 128 1, 350, 981 1, 319, 489 37,090 32, 611 36, 451 34, 055 559, 183 507, 266 574, 515 532, 534 5, 349, 771 4, 623, 431 5, 043, 327 4, 710, 545 907, 729 761, 695 937, 498 1, 063, 237 36, 361 35, 847 33, 637 36, 173 575, 916 591, 514 589, 176 616, 265 5, 554, 990 6, 836, 468 5, 839, 708 5, 858, 334 1, 124, 735 1, 023, 643 1, 308, 229 927, 372 598, 817 711, 655 650, 687 491, 359 5, 667, 397 1, 221, 765 1, 022, 282 958, 309 200, 602 173, 015 354, 889 584, 977 711,973 956, 334 1, 027, 303 882, 616 1933 January February March April _ . 4,309 41, 652 26, 740 31, 641 40, 590 868 349 247 37, 453 28, 946 51, 762 46, 866 34, 154 70, 991 82, 222 98, 317 94, 488 38, 487 46, 927 53, 734 55, 707 76, 986 48, 019 24, 108 4, 800 50, 528 42, 590 65, 798 63, 732 4, 795 1,698 591 33, 434 43, 950 55, 854 68, 075 83, 090 66, 854 71, 676 37,907 57, 463 34, 998 22, 626 May June July August 1, 424, 825 1, 473, 837 September. ..- . October November December . _ 1, 550, 716 1, 461, 711 1, 436, 738 - 1,515,110 27.50 27.50 1,327,731 441, 590 1, 846, 555 1, 196, 446 425, 000 1, 697, 844 27.80 28.00 28.00 1,086,985 393, 489 1, 562, 225 33,881 1, 651, 930 28.00 28.00 28.00 28.00 1, 976, 569 28.00 28.00 28.00 38, 191 35, 353 34, 847 32, 866 504, 024 498, 796 515, 895 27. 50 27 50 27 50 1, 219, 694 358, 256 36, 382 33, 380 26, 232 6,277,169 5, 361, 419 4, 428, 119 1,071,079 1934 January February March April _ May June July August 1, 294, 150 1, 202, 350 September October November December ] ,195,099 1,181,620 . 1, 360, 661 1, 242, 623 1, 485, 969 420, 936 28. 00 1, 327, 852 442, 696 1, 843, 737 1,239,936 407,066 1,724,767 33,813 24. 50 34, 805 56, 821 45, 722 44, 545 28.00 25.38 24.50 li 266, 082 371,043 1, 713, 670 24.50 24.50 24. 50 24. 50 501,422 6, 256, 784 4, 854, 526 5, 268, 703 5, 323, 295 656, 093 1, 135, 192 34, 948 33, 565 34, 407 34, 959 553, 320 562, 732 595, 063 573, 627 6, 391, 992 6, 455, 228 6, 583, 240 0, 315, 641 1, 164, 533 1, 215, 852 744, 575 782, 420 36, 715 38, 043 30, 210 28, 571 605,608 601,413 6, 273, 217 6, 488, 187 5, 356, 074 511, 277 5,441,526 635, 231 989, 742 661,558 867, 829 697, 089 838, 842 837, 663 j 1935 January February. March ... April 24.50 ._ _ May . June July...." August. See footnotes on opposite page also. * Stocks of leaf tobacco held by manufacturers and dealers compiled by the U. S, Department of Commerce, Bureau of the Census. During the years 1913,1914,1915, and 1916 the data were collected semiannually in March and September, the quarterly collection commencing with December, 1916. Therefore the averages for the years 19138through 1915 are semiannual, while for 1916 three quarters are averaged, and thereafter four quarters. Wholesale price of burley, good leaf, dark red tobacco at Louisville is average for the month compiled by the U. S. Department of Labor, Bureau of Labor Statistics. 6 Figures of consumption of tobacco products from U. S. Treasury Department, Bureau of Internal Revenue, represent withdrawals from bonded warehouses uponpayrnent of tax 'or domestic consumption. The figures for manufactured tobacco and snufl comprise plug, twist, fine-cut, and smoking tobacco and snuff. Figures for cigars are those for large cigars, weighing over 3 pounds per thousand, while for cigarettes, small cigarettes are taken, weighing 3 pounds per thousand or less; in both cases the series taken represent over 90 per cent of the totals for each class. ? Index number less than 1. 108 Table 77.—PASSENGER TRAVEL [Base year in bold-faced type] IMMIGRATION AND EMIGRATION United States citizens* 1 Aliens' YEAR AND MONTH DeIin nil- Emi- Arriv- pargrants grants als tures VISITORS TO NATIONAL PARKS * Passports issued ' Persons Automobiles IMMIGRATION AND EMIGRATION United States citizens * Aliens * Immigrants Emi- grants Arrivals Relative to 1920 Relative to 1913 109 50 19 26 11 8 100 107 59 25 25 29 100 100 82 30 34 47 93 100 94 41 46 33 27 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 17 51 41 27 54 28 95 95 90 42 26 33 44 69 78 99 94 109 41 70 78 81 72 84 418 684 587 587 538 624 25 26 37 45 19 12 16 20 64 82 106 100 54 71 65 64 July August 46 38 74 76 25 24 35 28 86 79 84 136 September October November December 77 76 80 48 27 32 30 41 1984 January -_ ._ „ February _. ._.. March April 29 26 31 33 May June July August Passports issued 2 Persons Automobiles Number RELATIVE NUMBERS 1913 monthly average 1914 monthly average 1915 monthly average 1910 month'y average 1917 monthly average 1918 monthly average Departures VISITORS TO NATIONAL PARKS » NUMERICAL DATA 87 99 99 160 242 115, 610 57, 375 21, 557 29, 647 12, 747 9, 660 K8, 859 24, 470 13, 387 5,810 5, 638 6,718 24, 600 23, 238 10, 161 11, 208 8,187 6,564 30,089 24,580 8,954 10, 321 14, 161 27, 909 1,954 21, 810 21, 810 20, 498 9,664 5,884 7,510 10, 839 17, 038 19, 272 24, 296 23, 020 26, 839 12, 247 21, 102 23, 340 24, 209 21, 728 25, 137 8,163 13, 374 11, 474 11, 463 10, 521 12, 198 68^887 74, 966 81, 812 113, 062 132, 902 9,548 10, 025 12, 452 16,002 1,693 1, 093 1,927 3,135 4,735 100 10O 109 119 164 193 132 139 172 221 20, 613 59, 0-17 46, 992 31, 764 62, 587 29,564 439 282 539 828 31 30 41 68 5 6 8 20 28, 773 30, 118 42,888 52, 433 4,232 2, 794 3, 610 4,509 15, 645 20, 217 26, 181 24, 563 16, 120 21, 257 19, 583 19, 209 6,990 5,508 10,524 16, 170 21, 339 20,923 27, 956 46, 875 348 402 551 1,481 69 100 133 92 1, 171 958 567 424 81 234 613 558 79 244 817 626 52, 809 44, 166 85, 542 88,286 5,752 5, 414 8,041 6,489 21, 161 19, 377 20, 637 33, 510 20, 603 30, 067 39, 898 27, 744 22,885 18, 710 11, 074 8,280 55, 883 154, 020 422, 18$ 384, 560 5,722 17, 641 59, 044 45, 242 84 112 118 72 54 60 50 56 361 349 306 320 182 57 44 43 197 43 22 10 89,431 88, 028 92, 782 55, 794 6,073 7,291 6,925 9, 480 20, 637 27, 553 29, 142 17, 620 16, 318 18,104 14, 901 16, 928 7,063 6,826 5,978 6,248 125,441 39, 044 28-510 29,997 14,235 3,136 1,157 459 25 16 18 24 64 90 102 99 69 80 65 69 389 332 611 1,001 51 56 68 85 14 24 27 29 33, 878 29, 901 35, 585 38, 375 5,723 3,706 4,202 5,394 15, 638 22, 161 25, 146 24, 253 20, 817 24, 197 19,474 20,791 7,598 6,487 11, 943 19, 655 35, 408 38,792 46, 850 58, 330 1,006 1,730 1,942 2, 118 -- 29 31 10 20 29 30 37 38 80 87 85 182 85 111 146 125 1,348 1,136 642 439 142 305 604 552 101 447 894 791 32, 985 36, 309 11, 661 23,290 6,634 6,831 8,493 8,633 19, 607 21, 320 20, 927 44, 791 25,467 33, 504 43, 812 37, 657 26, 347 22, 207 12, 536 8,571 97, 794 210, 196 416, 121 380, 568 7,274 32, 330 64, 654 57, 217 . _. 24 24 25 24 38 39 38 63 233 128 91 70 79 66 49 58 392 405 404 388 287 69 54 41 253 36 27 13 27, 941 27, 402 29, 345 28,098 8,671 8,941 8,605 14, 288 57,232 31, 474 22,297 17, 219 23,849 19, 951 14, 741 17, 3S8 7, 659 7,906 7,894 7,575 197, 655 47, 571 37, 142 28; 399 18,294 2,585 1,953 927 7, 230 1933 January February March April . May . .. . September October November December , ___ 1925 January 441 April July 1 Arrivals and departures of aliens and United States citizens reported by U. S. Department of Labor, Bureau of Immigration. Aliens admitted and departed do not include nonimmigrants, as formerly reported in this bulletin. 2 Passports issued, from U. S. Department <?/ State, Division of Passport Control, exclude passports issued to Government officials. 8 Visitors to national parks from Department of Interior as reported by superintendents of the following 15 parks: Grand Canyon and Casos Grande, Ariz, (the latter a monument rather than a park), Hot Springs, Ark., General Grant, Sequoia and Yosernite, Calif., Rocky Mountain, Colo., Glacier, Mont., Platt, Okla., Crater Lake, Oreg., Wind Cave, S. Dak., Zion, Utah, Mount Rainier, Wash., Yellowstone, Wyo., and: Mount McKinley, Alaska. Vehicles are not reported by Platt, Hot Springs, Wind Cave, and Mount McKinley. By far the largest attendance of visitors is shown at Platt Park. Monthly data from 1920 appeared in December, 1923, issue (No. 28), p. 66. 109 Table 78.—OCEAN TRANSPORTATION FUEL CONSUMPTION BY VESSELS s VESSELS IN FOREIGN TRADE Entered YEAR AND MONTH American Foreign Loading at principal clearing ports Cleared Total American Foreign Total Thousands of net tons 4 Coal Fuel oil Thous. of tons Thous. of barrels 1913 monthly av___ 1914 monthly av___ 1915 monthly av___ 1916 monthly av 1917 monthly av___ 1918 monthly av... 1,174 1,033 1,344 1,512 1,658 1,543 3,264 3,029 2,768 2, 80S 2, 416 2,123 4,440 4,061 4,112 4,315 4,074 3,666 1,250 1,000 1,340 1,537 1, 666 1,563 3,333 3,017 2,826 2,895 2,467 2,184 4,483 4,017 4, 166 4,433 4,133 3,748 642 606 620 656 574 461 217 297 461 492 550 19] 9 monthly av 1920 monthly av___ 1921 monthly av._. 1922 monthly a v.._ 1923 monthly av... 1924 monthly av... 1,828 2, 678 2, 595 2,645 2,311 2,466 2, 064 2,667 2,590 2,788 3, 216 3,219 3,892 5,344 5,186 5,432 5, 527 6,684 2, 083 2,836 2,507 2,639 2,328 2,503 2,189 2,816 2,704 2,756 3,228 3,232 4,271 5,653 5,211 5,395 5,556 j 5,735 604 780 629 343 379 332 1,169 2, 192 2,256 2,641 3, 137 3,610 1923 January February March April 2,021 1, 527 1,882 1,936 2,799 2, 352 2, 887 2,740 4,821 3, 878 4, 769 4, 676 1,873 1,587 1,817 2,042 2,678 2,526 2,833 2,848 4,552 4,113 4,650 4,890 320 315 362 346 2,778 2,526 3,140 3,173 June July August 2,543 2,620 2, 466 2,453 3,427 3,384 4,378 4,121 5,969 6,003 6,843 6,574 2,547 2,649 2,612 2,559 3,372 3,475 4,348 4,136 5, 920 6,124 6,960 6,695 458 435 430 452 3,199 3,457 2,987 3,437 September O ctober No VG m b er December-- 2,153 2,789 2, 719 2,625 3,337 3,367 2,899 2,904 5, 489 6,156 5,618 6,529 2,444 2, 688 2,885 2,237 3,521 3,304 2,963 2,727 6,965 5,992 5, 848 4,964 393 369 351 311 3,257 3,504 3,140 3,046 1924 Januarv February March \pril 1,774 1,810 1, 955 2,318 2,551 2,745 2,645 2, 790 4,325 4,555 4,600 5,107 1,817 1,917 2,002 2,470 2,818 2,683 2,537 2,839 4,635 4,600 4, 539 5,308 323 335 303 347 3,159 3,145 3, 069 3,598 M!ay June July August 2,324 2,625 2,820 2,629 3,227 3,687 3,813 3,647 6,551 6, 311 6,633 6,276 3,242 2,489 2,724 2,877 3,222 3,572 3,913 3,837 6,464 6,060 6,638 6, 713 370 341 346 317 3,833 3,650 3,813 3,712 2,669 2,695 2,657 2,315 3,726 3,798 3,156 2,841 6,395 6,492 5,813 5,156 2,872 2,922 2,633 2,073 3, 607 3,881 3,066 2,812 6, 479 6,803 5,699 4,885 312 351 289 352 3, 645 4,140 3,524 4,038 May September October November December . .» „ . VESSELS LOST OR ABANDONED (quarterly) Lost INDEX OF OCEAN FREIGHT EATES 2 United States, Atlantic ports to- Abandoned United Kingdom 10, 895 13, 495 19, 772 13, 512 11, 452 9,596 42, 411 62,090 48,291 28, 842 31, 216 6,910 8,556 15,272 34,173 84, 249 34,385 39, 613 36,938 45,215 19, 128 94,389 34, 411 157, 780 36, 254 162, 248 28, 228 108, 805 6 • 12, 148 74, 649 All Europe Relative to January, 1920 Gross tons * 31, 075 38, 378 44, 398 32,960 66, 781 101, 420 ; 100. 6 44.9 29.0 23.1 28.1 5 160.0 36.0 25.5 22.1 25.3 25.3 21.8 23.1 22 6 22,9 21.1 21.9 22.6 22,3 21,2 20.2 20.1 22.1 21. 3 19.9 20.0 20.8 23.4 28.6 27.8 20.7 22.9 25.1 25.1 27.5 29.9 29.6 28.1 24.9 25.1 24.8 25, 3 28.4 25.0 22.8 23.5 25.7 23.3 22.1 22.3 29.0 31.8 32.2 29.9 26.6 28.1 28.1 26.8 1925 January February March May June July August . 1 Tonnage entered and cleared in foreign trade, and fuel loaded for consumption by outgoing vessels, from If. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; index of ocean freight rates from the Federal Reserve Board, Division of Research and Statistics; vessels lost and abandoned, representing all classes of American vessels, from U. S. Department of Commerce, Bureau of Navigation, given for quarter ending in month stated, yearly figures representing quarterly averages. 2 The index of ocean freight rates represents rates to 7 potts in the United Kingdom and a total of 17 ports for all Europe. The index numbers are weighted by the geometric means of these rates. The weights Incla&fc the relative importance of each port and also the relative importance of the 5 principal products—grain, provisions, cotton, cottonseed oil, and sack flour. Monthly data from 1920 appeared in September, 1922, issue (No. 13), p. 50. a Monthly data covering the period 1913-1923 appeared in the October, 1923, issue (No. 26), p. 61 « Net ton represents 100 cubic feet internal carrying capacity after prescribed allowances for crew and engine space, while gross ton represents in units of 100 cubic feet the entire cubical capacity of the vessel, including crew and engine space. * January, 1920, selected to equal 100. 110 Table 79.—RIVER AND CANAL CARGO TRAFFIC CANALS Panama YEAR AND MONTH Total RIVERS l In American vessels In British vessels Sault Ste. Marie > New York State* Thousands of short tons Long tons Cape Cod* Suez' Mississippi Ohio ShipGovernReceipts mentments from owned7 St. Louis' St. Louis 6 barges Pittsburgh to Wheelings Thous. of Gross tons metric tons Tons 17,594 8,738 7,414 7,883 6,923 5,038 3,965 4, 078 4, 437 4,750 5,609 5,754 407, 371 257, 843 588, 214 627, 669 182, 325 70,738 122, 977 174, 856 183, 376 130, 888 282, 813 217, 973 9,965 6,921 8,911 11,486 11,227 10, 710 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 576, 385 781, 208 961, 601 907, 078 1, 630, 409 2, 157, 679 229,907 378, 928 431, 613 412, 543 912, 857 1, 222, 135 156, 412 235,856 310, 161 277, 488 410, 762 529, 386 8,529 9,910 6,032 8,259 11,203 9,005 177 203 208 262 312 192, 450 158, 600 114, 406 103, 226 115, 788 268, 678 1,164 1, 421 1,459 1,780 1,898 2,122 10, 449 14, 827 12, 548 13, 637 12, 075 9,174 13, 845 24,133 16, 313 24, 495 8,731 13, 392 36, 939 49, 841 59,203 1933 January . . February March April 1, 591, 932 1, 563, 278 1, 940, 928 2, 187, 145 775, 339 959, 293 1, 167, 802 1, 372, 595 407, 170 -376,279 388, 060 509, 903 None. None. None. None. None. None. None. None. 154, 101 120, 721 177, 120 110, 901 1,811 1,754 2,120 1,957 None. None. 1,790 17, 605 None. None. 1,285 27, 135 37,316 53, 086 59, 551 60,202 334, 429 201, 830 323, 267 536, 010 May June July August 2, 262, 116 2, 096, 446 2, 337, 784 2, 168, 750 1, 502, 000 1, 408, 264 1, 555, 692 1, 507, 308 456, 450 463, 096 401, 292 381, 067 10, 615 13, 750 14, 389 14, 353 231 276 278 557 140, 015 101, 771 108, 472 103, 597 1,976 1,668 1,985 1,798 17, 035 15,685 16, 975 15, 475 38, 380 33, 505 32,600 47, 595 77, 546 83, 208 44, 303 80, 399 601, 649 627,130 641, 431 942, 870 2, 168, 703 2, 127, 567 2, 218, 295 . 2, 494, 634 1, 384, 369 1, 428, 139 1, 431, 421 1,431,650 446, 135 432,267 478, 830 624, 367 12,776 13,003 10, 706 None. 265 348 229 None. 79, 665 82, 998 132, 834 77, 262 1, 784 1,985 1,930 2,009 13, 450 18,885 18, 025 9,975 27, 455 16, 615 18, 080 27, 290 54, 543 55, 210 53, 271 61, 796 565, 142 547,931 648, 594 490, 272 2, 427, 332 2, 243, 616 2, 272, 472 2, 158, 721 1,401,908 1, 351, 116 1, 372, 894 1, 296, 445 589, 988 507, 425 503, 068 523,904 None. None. None. 1,610 None. None. None. None. 182, 925 128, 646 129,904 186, 694 2,017 2,030 2,268 2,241 None. None. 4,050 16,065 2,700 None. 21, 325 • 20,465 82, 179 80,229 74, 117 81, 528 246, 033 335, 451 483, 250 411, 499 2, 353, 988 2, 022, 850 2, 097, 154 1, 958, 479 1, 334, 499 1, 158, 994 1, 195, 574 1, 071, 501 630, 247 533, 242 538, 212 445, 234 9,873 11, 077 11, 139 11, 051 205 269 353 290 355, 918 383, 446 446, 965 412, 036 2,115 1,743 2,122 2,117 18, 685 15, 730 15, 990 12, 592 21, 115 26,100 27, 317 34,328 69, 916 82, 565 70, 387 76,609 606, 667 501, 075 439, 861 609, 940 2, 112, 264 2, 017, 980 1, 961, 603 2, 265, 687 1, 187, 512 1, 056, 777 972, 431 1, 265, 968 527, 050 514, 958 514, 812 524, 498 9,661 10, 328 6,619 1,679 275 344 403, 323 307, 473 138, 960 147, 840 1,965 2,206 2,407 2,228 16, 748 27, 476 80, 537 53, 174 573, 668 714, 421 795, 527 564,578 1913 1914 1915 1918 1917 1918 monthly average monthly average monthly average monthly average monthly average monthly average September October.. November December . .. v 372 297 265 232 185 166 104, 285 66, 555 129, 625 298, 766 538, 380 523, 497 1934 January February March April . May _ June . . July August • September October.. . November. December . . 1935 January February March April May June July August. 365, 770 „ averages I „ _ _ _ _ „ . . _ . _ _ _ . . _ . _ „ _ „ ^ „ „ comparative with current monthly movements. Monthly data distributed by classes^ of commodities, covering the years 1913-1922, appeared in the March, 1923, SURVEY (No. 3 19), pp. 48 and 49. Traffic through New York State canals from New York State Superintendent of Public Works. About two-thirds of this traffic goes through the Erie Canal and one third4 through the Champlain Canal. Monthly averages for each year are for the seven months during which the canals are usually open. Cape Cod Canal traffic from the Boston, Cape Cod & New York Canal Co. The average for 1916 is an average of nine months of operation. Monthly data from 1920 appeared in the September, 1923, issue (No. 25), pp. 55 and 56. 5 Suez Canal traffic from Le Canal de Suez. 6 Receipts and shipments of cargo by river at St. Louis (almost all by the Mississippi River) are from the Merchants Exchange of St. Louis. Monthly data from 1920, including Government barge-line traffic, appeared in June, 1922, issue (No. 11), p. 45. 7 Cargo tonnage on Government-owned barge line on the Mississippi River between St. Louis and New Orleans from U. S. War Department, Mississippi-Warrior Service. 8 Data on Ohio River commerce from the U. S. War Department, Engineer Corps, represent total cargo traffic between Pittsburgh and Lock and Dam 11, located between Wellsburg and Wheeling, W. Va. The total of 3,585,188 short tons shown for the months of 1922, from which the average is computed, dees not include the annual total of 1,327,199 short tons not shown separately by months, the total movement for 1922 being 4,912,387. Data are available from 1910 to 1914 for traffic between Pittsburgh and Lock No. 6 (near Beaver, Pa.), and from 1915 to 1921 between Pittsburgh and Lock No. 10 (near Steubenville, Ohio). Traffic between Pittsburgh and Lock 10 amounted to 4,733,620 short tons in 1920 and 2,840,978 in 1921. Ill Table 80.—FREIGHT-CAR MOVEMENT SHORTAGE' SURPLUS i YEAR AND MONTH Box cars Coal cars Total3 cars Box cars Coal cars BAD-ORDER CARS 8 LOADINGS* Total3 cars Grain and grain products Livestock Coal Forest products Ore Merchandise L. C. L., and miscellaneous Total Total end of month Per cent Number of cars 1916 mo. av 1917 mo. av I fi. 437 1918 mo. av. 29, 251 1919 mo. a v _ _ _ 82, 135 1920 mo. a v _ l _ 15, 985 3, 486, 409 3, 759, 873 130, 637 134, 900 142, 790 168, 973 166, 779 6.1 5.9 5.9 7.0 7.3 1, 987, 200 2, 229, 238 2, 452, 816 2, 485, 483 3, 276, 930 3, 600, 630 4, 150, 368 4, 043, 936 318, 880 302, 456 185, 343 188, 012 13.9 13.3 8.0 8.2 42, 383 1, 910, 681 38, 312 1, 971, 008 65, 257 2, 773, 867 77, 703 2, 330, 461 3, 373, 965 3, 361, 599 4, 581, 176 3, 764, 266 209, 471 215, 552 206, 312 210,505 8.5 8.7 8.1 8.6 234, 745 2, 361, 069 3, 944, 209 391, 612 2, 886, 372 4, 977, 053 330, 834 2, 244, 101 3,944,386 324, 013 2, 331, 391 4,111,965 211, 766 190, 411 189, 014 175, 327 9.4 9.2 8.3 7.7 3, 064, 904 5, 239, 715 2, 575, 816 4, 310, 994 2, 456, 524 4, 053, 805 2, 527, 600 4, 141, 280 151, 332 150, 624 155, 626 158, 175 6.7 6.6 6.8 6.9 i 32, 973 1, 930, 094 3, 362, 136 37, 568 2, 112, 100 3, 617, 432 56, 846 2, 865, 895 4, 607, 706 70, 242 2, 319, 942 3, 499, 210 161, 569 168, 782 172, 747 179, 275 7.1 7.5 7.6 7.9 3, 654, 847 4, 445, 376 3, 526, 500 3, 823, 065 189, 219 194 869 202, 864 210, 109 8.3 8.5 8.9 9.2 3, 149, 398 2, 669, 714 2, 543, 729 2, 630, 355 5, 166, 742 4, 380, 149 4, 093, 760 4, 350, 304 208, 044 190, 543 189, 140 190, 979 8.9 8.2 8.2 8.3 2,045,693 3, 554, 938 75, 605 1,981 23, 592 68, 680 189, 396 24, 194 65, 901 28, 964 18, 991 43, 148 112, 934 52, 360 4,200 ^ 24, 174 169, 256 25, 868 " 82, 056 153, 585 142, 874 129, 452 747, 394 894, 180 247, 321 161, 868 254, 861 200, 853 2, 014, 617 2, 126, 994 127, 982 47, 675 33, 634 88, 482 154, 499 90, 897 23, 367 110, 572 339, 026 164, 600 69, 659 229, 908 1,146 26,653 10, 566 384 444 15, 852 13, 527 487 1,896 51, 579 27, 873 1,046 191, 065 204, 397 189, 738 214, 626 124, 744 135, 508 148, 800 146, 190 691, 016 655, 962 851, 999 753, 522 207, 314 243, 001 311, 890 304,211 6, 976 2, 739 3,266 4,654 7,208 4,845 3,785 2,849 26, 588 15, 819 14, 196 13, 556 26, 815 33, 857 30, 849 13, 940 38, 477 38, 771 29, 281 17, 634 73, 269 80, 633 68, 986 35, 282 191, 559 161, 379 206, 814 153, 643 136, 196 828, 194 125, 998 802, 622 153,738 1,007,049 124, 039 769, 667 264, 952 262, 280 374, 451 308, 753 15, 670 34,753 55, 063 50, 935 3,953 4, 269 6,546 3,922 32, 443 58, 671 76, 453 66, 559 2,974 2,054 2,733 2,518 11,392 7,976 4,774 4,891 16, 277 11, 896 9,570 9,441 135, 592 171,718 170, 919 206, 491 123, 867 150, 513 122, 151 131, 850 785, 368 991, 546 796, 830 813, 431 303, 567 385, 392 279, 551 304, 789 September October November December 30, 527 15, 116 53, 962 129, 963 5,651 7, 205 80, 756 149, 409 41, 745 24, 477 153, 057 312, 338 6,776 3,943 319 18 5,439 3, 068 . 605 21 15, 331 12,336 1,336 123 255, 198, 196, 227, 198, 077 174, 929 168, 338 175, 905 982, 422 820, 953 768, 719 857, 191 367, 415 371, 247 2%, 347 245, 433 297, 299 165, 930 298, 878 64, 129 1924 January February March April 74,415 51, 398 81, 342 101, 648 67, 578 56, 618 135, 976 193, 061 169, 036 134, 273 248, 301 329, 489 1,678 1, 076 157 42 1,894 2,475 105 97 4,598 3,991 364 177 172, 473 144, 862 197, 655 '132,538 214, 699 154, 572 148,097 117, 314 827, 090 819, 595 909, 917 638, 640 254, 644 317, 976 405, 777 304,975 133, 216 153, 550 138, 734 69, 244 168, 913 162, 343 146, 840 97, 089 338, 526 358, 389 322, 530 194, 306 43 64 94 212 17 3 13 19 151 98 150 248 160, 351 188, 260 174, 337 236, 126 126, 999 147, 643 117, 971 120, 199 574, 784 725, 338 577, 602 626, 628 296,574 340, 599 238, 707 272, 582 199, 250 293, 776 220,704 206, 789 2, 296, 889 2, 749, 760 2, 197, 179 2, 360, 741 36, 768 30, 486 73, 547 117,434 58, 375 49, 058 82, 819 108, 189 116,689 99, 190 183, 914 266, 252 270 784 166 27 '274 785 133 30 670 1,656 354 101 338, 570 276, 188 232, 129 236, 629 179, 492 166, 240 165, 961 180, 485 924, 513 808, 950 777, 138 932, 072 337, 522 237, 247 282, 164 176, 893 279, 000 95, 805 60,754 320, 009 197, 182 146, 064 861, 400 264, 922 1921 1922 1923 1924 mo. mo. mo. mo. av av___ av___ av 1923 January February March April Mav June.. July August May June July August September October November December _ _ _ 1925 January February March April 650 516 995 577 Per cent to total in use 75, 592 132, 524 194, 300 139, 904 39, 677 May June July August 1 Data from the American Railway Association. Daily average for the last period (7 or 8 days) of the month, exclusive of Canadian reads. The Association reports the number of freight cars which are idle (surplus) and also the number of requests for cars which can not be filled (shortage). The difference between these two figures represents the net freight-car situation for the country as a whole. The car shortages can not ordinarily be filled from the idle cars because of the uneven geographical distribution of the latter. 2 Compiled by the Bureau of Railway Economics from reports of the American Railway Association, Car Service Division. These figures are now put on a monthly basis from3 weekly repoits, consisting of exactly four weeks for each month, except in March, June, September, and December, which cover five weeks each year. Includes other classes than groups listed. 4 Indas number less than 1. 5 Number of railroad freight cars in need of repairs at end of each month, from the American Railway Association. Monthly averages for the years 1913-1915, also monthly data for 1920 and 1921, appeared in the October, 1923, issue (No. 26), pp. 59 and 60. 112 Table 81.—RAILWAY AND PULLMAN CO. OPERATIONS 1 [Base year in bold-faced type; numerical data on opposite page] LOCOMOTIVES IN BAD ORDER (end of month) YEAR AND MONTH REVENUES cent Total Perof end total Freight of in month use Passen- Total operger ating TOTAL OPERATING EXPENSES NET OPERATING INCOME » NET TONMILE OPERATION EXPRESS EARNINGS PULLMAN CO. Total PassenReoper- OperPer cent Tons ceipts Ex- Passengers Reveating gers Total on val- carried per ton- carried nue penses carried ating reve- income uation Imile mile Imile nues Relative to 1919 Relative to 1913 Relative to 1919 1913 mo. 1914 mo 1915 mo. 1916 mo 1917 ino. 1918 mo. av. av av. av. av. av. • 100 100 100 96 95 109 131 184 8100 3100 94 93 102 120 150 100 95 101 118 132 161 100 94 101 121 133 163 89 117 146 136 96 381 896 <92 < 144 128 133 1919 1920 1921 1922 1923 1924 av. av.. av. av. av. av. 100 109 78 72 100 110 79 72 168 204 185 189 218 205 171 186 167 156 166 156 169 203 182 184 207 196 203 267 211 204 227 209 72 8 86 108 137 137 48 2 60 81 100 1933 January February. .. March April 99 99 93 91 100 99 93 92 208 185 225 218 158 138 153 153 197 175 210 205 225 207 230 222 102 66 140 139 May June July August 82 74 74 68 83 75 75 69 229 219 214 227 156 179 187 196 215 212 210 221 231 229 228 235 September _ October November.. December __ 63 65 68 67 64 66 68 67 221 250 224 195 184 163 151 176 214 230 209 194 1934 January February. _. March April 69 73 74 74 70 73 75 74 189 199 210 194 159 145 151 148 May June July August 70 71 71 70 70 71 72 71 195 183 192 203 SeptemberOctober November.. December... 73 71 74 72 73 72 75 73 226 248 215 205 mo. mo. mo. mo. mo. mo. PASSENGERMILE OPERATION 1935 January February.. _ March April 100 100 100 99 100 118 3100 100 95 101 107 125 121 100 98 95 110 126 144 3100 3 102 8129 102 117 126 121 137 105 115 139 131 135 146 177 164 155 137 138 110 102 112 167 175 156 159 176 173 198 230 188 199 150 158 126 128 138 137 100 129 124 103 107 100 173 12 6 5 108 72 113 126 138 119 143 140 150 154 157 154 104 91 100 101 162 148 167 162 195 185 207 208 130 112 127 129 103 ' 103 108 107 5 6 6 3 150 146 142 165 123 106 96 96 145 139 141 148 156 157 152 154 104 122 133 138 174 193 190 207 210 225 218 215 129 153 152 167 110 108 107 112 6 3 2 4 229 245 224 214 154 173 145 ' 117 87 93 93 86 144 154 140 122 153 160 158 156 126 109 100 114 202 171 156 176 206 218 223 74 158 137 123 136 112 115 112 84 4 5 4 12 184 188 198 186 212 206 215 208 86 119 134 103 85 121 126 132 133 117 151 152 156 164 105 96 100 98 174 162 163 171 222 215 219 221 131 120 127 129 104 103 106 106 4 2 5 4 149 167 169 182 187 183 189 199 210 200 204 206 101 109 124 159 124 117 121 133 157 156 158 152 102 118 123 130 169 195 184 208 220 197 231 213 130 150 149 168 106 102 102 100 4 4 4 5 162 144 137 158 212 224 198 198 210 222 206 210 195 212 156 145 143 158 139 138 156 155 114 189 174 152 216 216 224 153 134 121 131 103 105 6 5 382 120 102 68 1 | 1 | 3105 398 112 130 116 1 i 1 1 1 !- May June July... August 1 See footnotes on opposite page also. 1 Data on locomotives in bad order for period 1916 to May, 1918, from Bureau of Railway Economics, from June, 1918, to February, 1920, from the U. S. Railroad Administration and since February, 1920, from the American Railway Association; data on revenues and expenses, from the Interstate Commerce Commission, represent Class! roads, those having annual operating revenues in excess of $1,000,000; data on ton-mile and passenger-mile operation and. percentage of net operating income on tentative valuation are from the Bureau of Railway Economics; Pullman passenger traffic furnished by The Pullman Co., Pullman Co. earnings as reported by the Interstate Commerce Commission express earnings are reports of the American Railway Express Co. to the Interstate Commerce Commission, to which are added reports of the Southeastern Express Co. from the time of its organization in May, 1921, Monthly data on freight ton-mile operations from 1916 appeared in December, 1923, issue (No. 28), p. 52. 113 Table 82.—RAILWAY AND PULLMAN CO. OPERATIONS [Base year in bold-faced type; relative numbers on opposite page] LOCOMOTIVES IN BAD ORDER (end of month) YEAR AND MONTH PASSENNET NET GEREXPRESS TON-MILE OPERATING REVENUES PULLMAN CO. MILE EARNINGS INCOME 2 OPERATION OPERTOTAL OPERATION ATING EXPer RePasTotal PasTotal PENSES Tons ceipts sencent operat- Opersenating Reve- Exon per ing operatcarried gers Freight PassenTotal ger ingers ing carried nue penses carried valua- 1 mile tonreve- come tion mile Imile nues Per Total, cent of end total of month in use Per cent Thousands of dollars 1913 1914 1915 1916 1917 1918 mo average mo. average mo. average mo. average . mo. average. _ j mo. average $176, 916 , 165, 943 178, 864 214, 784 236, 177 288, 183 1919 1920 1921 1922 1923 1924 mo. average mo. average _ mo. average.. mo. average. _ mo. average.. mo. average. _ ?57, 548 $255, 139 54, 230 241, 608 53, 798 256, 630 58, 980 302, 104 68, 935 337, 539 86, 056 410, 549 $181, 733 173, 916 171, 926 198, 031 238,184 334, 767 98, 334 107, 285 96, 172 89, 686 95, 636 89, 718 432, 005 518, 785 464, 429 468, 291 529, 118 498, 806 368, 287 485, 861 383, 651 371, 397 412, 081 379, 809 43, 024 4,846 51, 329 64,748 81,911 82, 021 $59, 900 35.15 53, 451 34.17 70, 002 34.20 87, 265 6.16 81, 232 5.26 57, 75y 3.51 Millions Cents of tons Millions Thousands of dollars Thousands Thousands of dollars $3,445 $2,345 3 3, 072 3,284 2,294 3 2, 182 3,483 2,234 3 2, 021 3,684 2,573 2,326 4,311 2,954 2,691 4,164 3,383 2,397 3 27, 338 3 26, 163 * 25, 232 * 31, 126 34, 943 36, 410 0.719 .723 .722 .707 .715 .849 3 3, 833 3 2, 881 3 3, 649 2, 882 3,290 3,556 2.46 .09 3,08 4.18 5.15 33, 034 37, 412 28, 730 31,316 38, 134 35, 788 .973 1.052 1.275 1.182 1. 115 3,863 3,904 3,111 2,877 3,167 5, -756 6,012 5,370 5,465 6,048 6,063 4,052 4,637 5,395 4,419 4,657 5,134 3,112 3,271 2,600 2,646 2,854 2,841 15, 559 17, 025 12, 212 11, 195 24.0 26.4 19.0 17.4 296, 410 360, 304 327, 328 334, 076 385, 465 362, 268 1923 January February March April 15, 412 15, 366 14, 452 14, 131 23.9 23.8 22.4 22.0 367, 026 326, 836 398, 760 386, 296 91, 137 79, 135 88, 252 87, 842 502, 542 446, 949 535, 826 523, 304 408, 978 376, 097 417, 927 404, 148 61,129 39, 275 84, 124 83, 515 5.56 3.73 5.84 6.50 37, 707 32, 630 39, 222 38, 321 1.078 1.107 1.127 1.106 2,933 2,567 2,827 2,851 5,572 5,101 5,769 5,575 4,561 4,338 4,863 4,866 2,689 2,313 2,637 2,682 12, 995 12, 941 13, 623 13, 547 105 125 129 66 May June July August 12, 683 11,450 11, 555 10, 517 19.9 18.0 18.1 16.5 405, 462 387, 343 379, 335 402, 100 89, 986 102, 851 107, 506 112, 966 548, 113 541, 266 536, 307 554, 528 421, 390 417,011 414, 946 427, 453 90, 321 87, 624 84, 935 98, 934 6.33 5.47 4.93 4.94 39, 598 38, 000 38, 518 40, 344 1.123 1.128 1.096 1.108 3,000 3,506 3,749 3,883 5, 984 6,636 6,551 7,130 4,919 5,272 5,115 5,040 2,670 3,172 3,157 3,456 13, 842 13, 639 13, 522 14, 123 127 67 48 82 9,823 10, 112 10, 572 10, 475 15.3 15.8 16.4 16.1 390, 881 441,518 395, 885 344, 140 105, 902 93, 795 87, 162 101, 118 546, 062 587, 914 531, 989 494, 615 416, 665 445, 341 406, 957 388, 154 92, 477 103, 776 86, 776 70, 046 4.46 4.79 4.77 4.44 39, 461 42, 209 38, 159 33, 419 1.100 1.150 1. 133 1.122 3,552 3,080 2,833 3,220 6,942 5,879 5,384 6,052 4,821 5,120 5,232 1,738 3,268 2,837 2,551 2,817 14, 092 14, 446 14, 177 10, 593 74 105 90 242 1924 January February March April 10, 791 11, 304 11, 558 11, 440 16.8 17.5 17.9 17.8 333,576 352, 443 371, 644 342, 783 91, 730 83, 363 87, 148 85, 196 468, 977 478, 914 505, 125 474, 822 384, 984 374, 700 S90, 274 377, 692 51, 281 71, 192 80, 240 61, 822 4.38 6.28 34, 514 35, 962 36, 421 31, 900 1.086 1.094 1.125 1.176 2,966 2,705 2,816 2,780 5,982 5,568 5,609 5,878 5,215 5,035 5,123 5,175 2,724 2,483 2,641 2,681 13, 109 12, 957 13, 310 13, 348 89 51 102 84 May June July August.. . .. . ... 10, 875 11, 034 11, 105 10, 964 16.9 17.1 17.2 17.0 344, 711 323,338 339,905 358,424 85, 606 95, 970 97, 372 104, 519 477, 438 465, 655 481, 588 508, 394 381, 402 364, 174 369, 909 373, 599 60, 654 65, 529 74, 088 95, 415 33, 891 31, 950 33, 157 S6, 442 1. 127 1.122 1. 134 1.090 2, 867 3,318 3,470 3,673 5,831 6,717 6,345 7,182 5,158 4, 623 5,421 4,998 2,685 3,118 3,097 3,491 13, 322 12, 887 12, 818 12. 632 91 78 79 100 September _ October November.. ._ __ December . 11, 329 11, 095 11, 574 11,266 399, 038 17.6 17.2 438, 813 18.0 ! 380,875 362, 368 17.5 93, 196 82, 861 78, 812 90, 845 540, 839 572, 600 505, 796 505, 523 381, 623 403, 664 374, 268 381,415 116,760 127, 105 93, 180 86, 988 39, 046 43, 110 38, 049 34, 998 1.123 1.115 1,094 3,212 2,773 2,613 6, 512 6,005 5,242 5,887 5,072 5,076 5,244 5,470 3,167 2,773 2,509 2,719 13, 035 13, 246 117 111 September October November December . _. _ _ 1925 Januarv.. February March April : $12, 613 $3,092 16, 306 3, 615 15, 640 260 116 13, 006 13, 441 105 1 Mav June. July._ August | 1 See footnotes on opposite page also. 2 Net railway operating income includes net operating revenue (equal to the difference between total operating revenue and total operating expenses) from which there have3 been deducted railway tax accruals, uncollectible railway revenues, equipment and joint facility rents Percentage on valuation temporarily discontinued in 1924. Fiscal year ending June 30 of year indicated. • These figures are from Interstate Commerce Commission reports, 27456°—25f 8 Table 83.—RAILWAY EQUIPMENT INSTALLATIONS OWNED (end of month) YEAH AND MONTH Locomotives Tractive power Number (thous. of Ibs.) 1923 monthly av 1924 monthly av * 64, 757 64,962 2, 673, 055 INSTALLED DURING MONTH Freight Cars Number 2, 323, 472 Locomotives Capacity Num- Tractive power (mills, ber (thous. of Ibs.) of Ibs.) 204, 369 >265 187 9,372 Freight Cars Number 12, 327 RETIRED DURING MONTH Locomotives UNFILLED O&DERS Freight Cars Loco- Freight Locomo- Cars motive tives TracCapacCapactive Num- power ity ity (mills, ber (thous. Number (mills, of Ibs.) of Ibs.) of Ibs.) 1,249 »230 179 9,720 776 Freight Cars Number J 6,140 BUILDING IN R. E. SHOPS 1, 333 391 47, 805 40 3,482 24, 379 7 15 14 14 1,515 439 457 520 552 ' 21, 696 40, 030 62, 340 59,550 14 10 7 11 2,417 2,715 2,697 2,739 1933 May July August .. 161 158 121 219 64, 858 64, 610 64,608 64,659 201, 055 384 408 333 333 22,343 21, 665 .19, 055 18,260 18,690 2, 310, 032 2, 310, 570 2, 311, 405 2, 312, 074 201, 288 201, 535 202, 331 202, 448 271 214 176 97 16, 229 11, 296 10, 457 4,167 2, 565, 706 2, 569, 122 2, 576, 433 2, 583, 373 2, 312, 237 2, 314, 798 2,322,968 2, 329, 582 202, 606 203,139 204, 777 205, 690 153 160 197 229 2, 586, 084 2, 586, 106 2, 586, 826 2, 689, 359 2,336,147 2, 342, 149 2, 342, 479 2, 337, 229 206, 540 207, 366 207, 535 207, 172 160 113 181 295 September October November ._ December 64, 720 64, 827 64, 878 64, 896 2r 506, 469 2, 520, 201 2,532,051 2,541,607 2, 307, 997 1924 January February March April 64, 989 65, 029 64, 911 64, 898 2, 552, 695 2, 559, 519 2, 560, 077 2, 561, 363 May Ju ne July August 64, 942 64, 924? 65, 008 65, 062 65, 071 64,964 64,882 64, 871 ; September October ; November December 1935 M^srch April June July i Compiled by the American Railway Association, Car Service Division* »Eight months' average, including May and December. 226 166 122 169 2,041 1,902 1,772 1,517 1,762 260 301 282 316 7,191 7,935 7,741 8,738 14, 411 1,098 16, 589 11,386 9,562 8,718 1,415 1,109 892 732 178 175 181 112 4,448 4,906 6,033 2,881 12, 329 10, 466 8,726 8,026 1,033 822 705 613 6,949 7,687 10, 591 12, 513 9,199 10,909 16, 683 16,452 879 1,076 2,303 1,571 107 178 113 166 2,600 4,675 3,354 5,346 9,059 8,347 8,413 8,834 720 642 634 666 447 360 401 324 57, 266 57,735 51,156 40, 961 10 72 63 50 2,467 2,269 4,602 3,618 7,062 5,744 8,461 12,312 15, 455 16, 598 11, 705 6,763 1,558 1,670 1,158 623 151 220 263 304 4,351 6,713 7,750 0,724 9,337 10, 504 10, 678 11, 918 741 838 928 976 285 358 265 287 47,553 38, 403 42, 765 64,202 37 76 70 64 3,045 3, 574 5,159 6,478 1 242 942 739 510 115 Table 84.—PUBLIC UTILITIES TELEPHONE COMPANIES Total operating revenues YEAR AND MONTH Net operating Income GAS AND TELEGRAPH COMPANIES ELECTRIC COMPANIES TeleCom- graph and Opermercable ating cial tele- operat- ining come graph revetolls nue CENTRAL ELECTRIC POWER STATIONS Fuel consumed Gross earnings Net earnings Gross revenue sales ' Coal on Gas Short tons Barrels M cubic feet 2, 925, 000 3, 093, 655 2, 631, 107 2, 849, 397 3, 238, 442 920, 833 1, 093, 559 1, 001, 245 1, 099, 444 1, 218, 141 3,129,563 1,390,749 1, 783, 833 2, 058, 509 1, 977, 710 2, 264, 511 2, 621, 393 4, 043, 297 3, 243, 403 3, 629, 573 3, 439, 130 3, 975, 238 4, 660, 655 4, 916, 361 112, 300 104, 500 104, 200 102, 400 3, 556, 807 3, 248, 979 3, 351, 167 2, 967, 037 1, 255, 973 1, 165, 769 1, 151, 107 980, 646 2, 096, 496 1, 823, 411 2, 271, 937 2, 297, 450 99,000 2, 947, 534 2, 952, 677 3, 037, 006 3, 209, 040 1, Oil, 558 1, 035, 724 1, 174, 023 Thousands of dollars 1913 mo. av__ $13, 132 1914 mo. av__ 13, 722 1915 mo. av__ 14, 527 1916 mo. av_. 16, 452 1917 mo, av__ 18, 700 1918 mo. av._ 20, 225 1919 mo. 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo av__ av__ av__ av__ av__ av 1933 January February March April $3, 710 3,709 5,104 5,415 24, 635 30, 320 36, 265 40, 204 7,573 8,882 44,106 10, 015 10, 095 11, 698 10, 371 10, 608 11, 153 1,636 1,438 1,265 1,697 1,583 50, 683 61, 056 62, 938 66, 842 74, 219 8,043 8,435 9,027 10, 056 9, 177 9,147 September... October November. __ December 43, 810 45, 979 45, 314 46, 136 9,119 9,174 9,994 9,945 10, 162 1934 January February March.. _. April 46, 584 9,895 44,963 46, 818 46, 987 9,163 10, 083 10, 337 May . ... June _. _. _ July August 48, 217 47, 546 47, 656 49, 936 10, 269 September October November December 49, 105 50, 931 11, 443 12, 748 50,061 12,099 10, 137 60, 083 73, 575 81, 066 90, 825 105, 796 7,596 9,113 44, 766 43, 952 42, 999 43, 878 10,006 8,346 13, 608 14, 306 16, 858 18, 885 23, 184 $1, 711 1,282 8,169 9,354 8,328 8,579 30, 100 35, 458 44, 925 55, 442 8,477 8,986 ._ 12, 565 12, 226 12, 195 $7. 674 9,879 May June July__ August 28,067 11,041 6,287 13, 447 11, 102 10, 212 42, 841 41, 317 44, 324 43, 952 $26, 017 10, 434 $5, 898 4,139 4,785 4,700 4,649 $29,290 $10, 112 30, 601 31, 485 35, 384 39, 409 43, 697 1,352,339 1, 920, 414 1, 758, 546 1, 652, 595 1, 570, 160 2, 732, 944 2, 764, 685 2, 853, 806 3, 099, 870 117, 700 121, 200 3, 168, 225 3, 578, 675 3, 474, 152 3, 394, 877 1, 326, 890 1, 378, 564 1, 379, 281 1, 472, 946 3, 196, 537 2, 895, 876 2, 204, 140 2, 513, 406 4, 534, 927 4, 950, 246 4, 837, 530 4, 956, 451 1, 465, 439 1, 471, 620 1, 501, 349 1, 680, 966 3, 069, 488 3, 478, 626 3, 336, 181 3, 275, 485 126, 970 122, 760 116, 600 111, 400 3, 664, 258 3, 326, 631 3, 236, 677 2, 891, 283 1, 618, 591 1, 543, 594 1, 542, 274 1, 234, 049 2, 454, 723 2, 605, 180 3, 193, 506 2, 820, 484 5, 189, 464 4, 833, 743 4, 984, 573 4, 739, 454 1, 675, 393 1, 562, 947 1, 715, 673 1, 857, 161 3,514,071 103,700 99,100 2, 820, 908 2, 679, 859 2, 788, 832 1, 209, 226 1, 344, 632 3, 017, 840 4, 284, 312 5, 071, 749 5, 391, 216 4, 793, 869 4, 553, 895 4, 612, 533 4, 735, 271 1, 950, 315 1, 705, 833 1, 602, 888 1, 517, 621 2, 843, 554 2, 848, 062 5, 884, 065 6, 162, 567 4, 632, 547 4, 803, 213 5, 192, 833 5, 0,50, 649 1, 492, 560 1, 632, 449 1, 558, 823 3,001,368 5,506,838 1,734, 684 3, 310, 653 3, 560, 384 3, 491, 826 3, 772, 154 98, 600 9,728 8,848 8,848 11, 359 12, 096 10, 979 10, 979 1,665 1,926 1,505 1,400 64, 419 62, 329 78, 559 102, 530 18, 772 18, 494 109,400 8,839 8,440 8,878 8,800 10, 938 10, 448 10, 991 10, 880 1,424 1,250 1,385 1,438 92,064 30, 185 88, 990 89, 584 85, 872 28,757 8,874 8,808 11,083 10,992 11, 160 11, 435 85, 279 77, 997 76, 290 79, 179 26, 334 40, 994 32, 963 21, 374 108, 400 8,910 9,212 1,498 1,459 1,380 1,586 100, 400 3,015,797 1, 498, 769 9,542 9,940 8,776 11,861 1,879 1,993 1,478 82, 790 25, 489 103, 200 3, 012, 387 3, 221, 358 3, 293, 363 1,389,329 12, 389 10, 053 37, 946 28, 601 26, 743 1, 245, 000 1, 437, 587 1, 634, 642 4, 653, 358 4, 523, 231 4, 536, 401 4, 670, 030 22, 437 20, 893 17, 836 17, 055 23,840 2, 026, 245 2, 741, 470 2, 860, 449 3, 170, 248 3, 377, 973 73, 152 71, 024 68, 552 67, 329 9,313 1, 217, 158 1,345,809 2, 283, 764 3, 133, 515 2, 856, 568 3, 008, 602 2, 689, 664 1,518 1,632 1,072 1,634 8,580 Thousands of kilowatt hours 1, 620, 311 1, 467, 710 1, 719, 362 1, 783, 281 11, 266 11, 265 10, 700 11, 428 25, 837 24, 822 By fuels 4, 753, 826 4, 324, 278 4, 727, 964 4, 472, 945 79, 102 73, 961 75, 785 74, 881 9,565 8,788 By water power 1,667,196 1,961 1,413 1,775 1,499 25, 894 Total 2, 194, 130 2, 537, 652 3, 026, 913 3, 249, 166 11, 130 10, 094 11, 699 10, 842 24,387 Energy produced 99, 150 97,500 103, 600 110,800 120, 100 3,603,409 1,411,487 1, 405, 340 1, 139, 679 1, 352, 023 3, 270, 796 3, 268, 900 2, 882, 293 3,009,645 3, 217, 650 1935 January February March April May June July... August _ 1 Telephone earnings are the combined reports of 13 largest telephone companies, and telegraph earnings are the combined reports of the Western Union and Postal Telegraph Cos., as reported to the Interstate Commerce Commission; gas and electric earnings are the combined reports to the U. S. Department of Commerce, Bureau of the Census, of 73 companies or systems operating gas, electric light, heat, power and traction services and comprising most of the large companies in the United States. Gross earnings are in general the gross operating revenues, while net earnings in general represent the gross less operating expenses and taxes, but owing to a lack of uniformity in the accounts of individual companies, it has not been possible to secure these actual items for each company, and in such cases the nearest comparable figures have been taken. Also in some cases the figures for prior years do not cover exactly the same subsidiaries owing to acquisitions, consolidations, etc., but these differences are not believed to be great in the aggregate. Gross revenue received from the sale of electrical energy as reported by the Electrical World represents the total receipts from the sale of electricity computed to 100 per cent of the industry on the basis of the percentage which the reporting companies bear to the installed central station rating of the country. Fuel2 consumption and production of electric power by central stations from U. S. Department of the Interior, U. S. Geological Survey. Companies reporting sales are not identical with those reporting fuel consumption and energy produced, monthly data from 1913 appeared in July, 1923, issue (No. 23), p 45, while production and fuel consumption data from 1921 were given on p. 49. 116 Table 85.—EARNINGS AND HOURS OP LABOR1 [Base year in bold-faced type] AVERAGE WEEKLY HOURS AVERAGE WEEKLY EARNINGS AVERAGE WEEKLY EARNINGS Male Male Grand total YEAR AND MONTH UnTotal Skilled skilled Women Nomi- Actual nal Grand total Total REJ^ATIVE NUMBERS _ _ Skifled Unskilled Women Nominal Dollars Relative to July, 1914 1914 July . 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly, average AVERAGE WEEKLY HOURS Hours NUMERICAL 100 2235 188 3 192 209 259 100 100 J235 188 8 194 213 255 100 100 100 2238 188 a 193 213 213 2253 191 3192 211 212 2233 205 3204 223 215 291 91 90 100 «95 88 »96 96 91 181 186 192 193 199 200 185 189 191 196 198 200 185 190 192 197 199 201 184 185 190 195 196 199 196 195 202 207 211 213 91 91 91 91 91 91 200 201 204 212 200 201 207 214 201 202 208 215 197 198 201 211 214 214 218 222 217 216 213 212 219 218 214 213 220 218 214 211 217 216 215 218 213 216 215 215 216 218 217 215 215 218 217 214 215 217 214 213 215 218 215 217 208 203 200 201 207 211 211 214 Actual DATA f 12. 54 2 29. 51 23. 57 * 24. 06 26.25 32.52 $13. SO 2 31. 72 25.05 a 25. 69 28.27 28.31 $11. 16 2 33. 31 26.55 3 27. 42 30.12 36.05 $10. 71 2 27. 11 20.48 3 20. 53 22.61 22.85 $7.84 218.27 16.07 3 15. 99 17.46 16.89 55.0 250.0 49.7 350.0 49.9 49.7 51.5 248.7 45.5 »49.2 49.2 46.8 93 95 95 96 97 97 22.75 23.36 24.04 24.16 24.92 25.12 24.59 25.09 25.46 26.09 26.33 26.60 26.21 26.85 27.15 27.83 28.11 28.40 19.72 19.86 20.39 20.89 20.99 21.31 15.36 15.32 15.82 16.21 16.52 16.70 50.0 50.0 49.9 50.0 50.0 60.1 48.0 48.8 48.9 49.5 49.8 50.0 91 91 91 91 97 97 97 98 25.08 25.24 25.64 26.64 26.58 26.73 27.47 28.44 28.43 28.57 29.48 30.39 21.06 21.22 21.49 22.57 16.81 16.76 17.06 17.43 50.2 50.1 50.2 50.1 50.1 49.8 I 50.1 | 50.3 231 229 223 225 91 91 91 91 97 96 96 95 27.25 27.12 26.66 26.57 29.17 28.97 28.52 28.31 31.12 30.90 30.35 29.92 23.19 23.14 23.04 23. 31 18.14 17.94 17.44 17.66 50.2 50.2 49.9 49.9 49.8 49.5 49. 5 48,7 216 217 215 213 225 226 224 222 90 90 90 90 93 94 94 93 26.74 27.14 26.99 26.94 28.67 28.99 28.81 28.53 30.41 30.81 30.73 30.29 23.17 23.25 23.02 22.86 17.66 17.69 17.59 17.39 49.5 49.6 49.5 49.7 48.0 48.3 48.2 48.1 215 217 213 216 215 221 221 217 222 222 222 219 90 91 91 91 94 94 93 92 26.94 27.20 26.89 26.67 28.64 29.05 28.59 28.81 30.38 30.73 30.12 30.55 23.04 23.67 23.70 23.19 17.38 17.36 17.41 17.17 49.6 49.0 50.1 49.9 48.5 48. 3 | 47.8 47.4 211 214 204 204 210 213 202 203 212 214 205 205 214 203 201 205 91 91 90 90 90 88 87 88 26.10 25.44 25.12 25.18 28.11 28.52 27.07 27.14 29.75 30.19 28.62 28.68 22.75 22.94 21.95 21.94 16.74 15.95 15.76 16.04 49.9 49.9 49.6 49.5 46.6 45.4 44.8 45.2 211 214 213 217 210 213 218 216 211 211 213 215 218 221 220 219 90 90 90 91 90 91 91 91 25.98 26.45 26.41 26.85 28.11 28.44 28.37 28.90 29.76 30.21 30.84 30.65 22.56 22.60 22.84 23.08 17.11 17.36 17.21 17.18 49.6 49.6 49.7 49.8 46.4 47.1 47. 1 47. 1 90 391 1933 July August September October November December - 1933 January February March April ____ May June July August _ September . _ October November December _ 1934 January February March April May June July A ugust September October November December _ ._ «._ _ _ » 1935 February May July 1 Compiled by the National Industrial Conference Board from reports from 1,678 manufacturing plants employing 506,315 people in January, 1921, and representing 23 industries. The nominal hours per week represent the weighted number of hours the plants are supposed normally to operate, while the actual hours represent the average man hours worked each week. The grand total weekly earnings are compiled by weighting the average earnings in each industry by the number of wage earners employed as reported by the Census of Manufactures of 1919, but as it was impossible to obtain the necessary weighting factors for the classes of labor, the latter averages are unweighted; hence, the relative number for the grand total sometimes is lower than the relative number of any class, owing to the different methods of computation. 2 Average of last seven months of the year. * Average of last six months of the year. 11? Table 86.—FACTORY EMPLOYMENT BY STATES AND CITIES {Base year in bold-faced type] TOTAL PAY ROLL EMPLOYEES ON PAY BOLL New York * Illinois' Detroit » Wisconsin « Relative to 1914 Relative to 1922 Relative to 1920 Relative to 19156 YEAR AND MONTH Massachusetts * Relative to 1914 AV. WEEKLY EARNINGS 1 New York* Wisconsin « New York* Illinois' Wisconsin « Relative to 1914 Relative to 19158 Relative to 1914 Relative to 1922 T Rela- ' Relative to tive to 1914 1915 • Massachu- 1 Detroit > setts • | 100 107 141 166 210 117.6 114.7 95.4 101.0 106.6 90.3 227 281 201 211 254 235 284 342 191 210 270 120.7 124.7 125. 5 127.3 110.2 109.8 110. 5 109.3 241 241 257 257 130 125 124 119 123.9 124.4 128.4 126.7 109.1 106.6 104.6 104.2 109.0 109.0 108.6 107.8 121 121 120 132 123.1 120.9 120.7 119.9 112 113 113 110 105. 9 108.2 108.2 1-06. 9 135 136 134 130 105 102 98 99 104.2 100.7 96.2 96.5 102 104 104 104 97.1 96.1 05.7 97.6 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average.. 1923 monthly average.. 1924 monthly average.. 120 124 97 105 116 105 100 110 101 55 91 123 115 1923 January February March April 114 116 119 118 106.9 100.5 112.2 113.0 114 120 125 128 117 116 115 114 113. 2 113.7 111. 4 110. 1 115 110 115 113 May.. . June July August _ , September October. _ November December 1924 January February March April May June July August __ September October November December 1925 January February March April. 100 100.0 98.3 112.5 116. 8 118.5 100 «1O6 188 226 206 201 ,218 *222 7100 110 112 209 254 202 196 218 245. 0 261.6 263.9 269.9 210 207 216 216 102.2 103.9 104.6 108.5 261 260 256 249 280.1 280.1 267.8 280.1 221 223 221 217 103.7 105.6 104.0 101. 6 253 259 255 255 272.2 276. 0 275.2 265.0 114.5 123.4 125.5 122.5 97.2 97.2 96.7 92.3 250 252 256 245 116 111 111 112 116.1 111.4 115.5 115.0 88.3 85.7 82.0 84.5 111 110 111 64 113.6 114.8 116. 2 87.2 90.4 90.8 91.3 128 136 140 100 117 136 135 94 107 124 •113 160 198 258 125 146 186 Thousands of dollars Dollars NUMERICAL DATA 478 494 579 604 614 100.0 103 116 131 188 •105 103 121 126 128 TOTAL AV. PAY (WEEK. ROLL EARN. New York State i Number Thousands I • RELATIVE NUMBERS 1914 monthly average.. 1915 monthly average ._ 1916 monthly average.. 1917 monthly average,. 1918 monthly average.. EMPLOYEES ON PAY ROLL 103.2 116.6 134.7 187.8 5,943 13.48 6, 377 12.85 14.43 8,366 9,892 16.37 12,481 23.50 604 13,490 16, 711 11, 943 12, 524 15, 074 13, 967 23.50 28.15 25.72 25.04 27.23 27.68 202, 959 213, 790 221, 139 227, 344 547 554 567 566 j 14, 341 14, 329 15,262 15,276 26.21 25.87 26.92 27.00 230.9 229.5 226.3 221.8 229, 971 222, 045 220, 099 210, 508 560 555 551 546 15, 484 15, 460 15, 184 14, 816 27.63 27.85 27.54 27.12 221.2 228.5 228.3 221.7 230.0 oof) 2 222.9 228.0 214. 590 214, 555 212. 397 235, 155 549 556 548 541 15, 039 15, 408 15, 145 15, 141 27.41 27.73 27.64 27.97 110.4 114.8 111.8 112. 6 213.5 230.6 230.8 226.2 227.1 226.4 222.1 218.6 239, 503 241, 134 240, 586 231, 617 535 540 542 524 14, 874 14, 978 15, 259 14, 530 27.81 27.73 28.16 27.70 217 218 217 220 112.0 110. 9 108.0 109.1 229.5 218. 5 204.9 217.6 216. 4 213.5 214.2 211.4 213, 589 201, 701 197, 462 194, 490 503 489 470 471 13, 847 13, 317 12, 741 12,905 27.54 27.21 27.12 27.40 225 221 222 226 110.1 112.0 111.8 114.8 218.2 227.8 226.2 192.4 208.9 188.0 190.1 196, 962 194, 845 197, 075 95, 024 489 495 495 499 13, 715 13, 632 13, 700 14, 101 28.03 27. 53 27. 66 28.26 190.8 227.6 196.8 196.6 223.8 210. 7 177, 533 97, 845 161, 269 218, 713 203, 666 203.0 210.0 210.4 212.3 215.1 216.6 220.7 218. 9 113. 3 111 7 108.8 108.5 226.5 225. 6 208.9 221.2 220 222 221 224 112.3 114.2 109.8 114.4 253.9 283.6 288.7 276.3 223 222 220 222 233 224 214 217 266.1 243.2 236.6 250.3 231 229 231 237 248.3 262.2 263.2 573 594 464 500 553 207, 561 May June July August 2 Data on Illinois represent reports by almost 1,200 manufacturing establishments, employing about 300,000 people, to the Illinois Department of Labor. Figures on employees are based upon the number on the payroll nearest the 15th of the month and are given relative to the year 1922 as 100, while figures on average weekly earnings are relative to the last six months of 1922 as 100. 3 Data on Detroit employment from the Employers' Association of Detroit, covering about two-thirds of the working population of that city. Figures for the last week of the month are given here. 4 Data on employment in Wisconsin factories compiled by Industrial Commission of Wisconsin. Prior to June, 1923, this index was based on identical manufacturing establishments employing about 80,000 people; thereafter it was based on link relatives from reports of manufacturing, logging, and agricultural firms. 5 Data on factory employment in Massachusetts from Massachusetts Department of Labor and Industries, Division of Statistics. Yearly figures through 1922 are based on identical plants as secured by a yearly census. Data for 1923 and 1924 are connected to the series by the chain relative method, representing at least 40 per cent of the firms 6 included in the yearly figures. These will later be revised by a complete census and subsequent data will be added by the chain relative method. Relative to first quarter of 1915. 7 Relative to last six months of 1922. 118 Table 87.—WAGES AND EMPLOYMENT YEAR AND MONTH United States average New Eng- East West Middle South South Atlan- Atlan- Cen- South Centic tic tral tral East North Central West North Moun- PaCentain cific tral EMPLOYMENT AT ANTHRACITE MINES* RAILWAY EMPLOYMENT 2 EmNumber ployees Average on pay hourly wage employed roil ' land FARM WAGES WAGES OF COMMON LABOR BY GEOGRAPHIC DIVISIONS* U. S. STEEL CORP. WAGE RATES [Relative numbers for base year in bold-face type; numerical data on opposite page] Relative to 1915 1913 monthly av.. 1914 monthly av_. 1915 monthly av_. 1916 monthly av.. 1917 monthly av__ 1918 monthly av.. 1919 monthly av,_ 1920 monthly av.. 1921 monthly av.. 1922 monthly av. . 1923 monthly av._ 1924 monthly av.. 1922 September October November December 1923 January February March April Relative to 1913 100 100 100 100 10O 10O 100 10O 10O 100 100 115 140 180 125 155 195 120 150 190 114 150 193 108 142 192 106 131 175 114 138 186 112 136 180 112 138 169 108 138 173 205 245 180 160 190 190 205 245 190 195 255 250 205 250 175 180 225 225 229 264 186 150 179 200 233 267 208 167 183 200 225 250 175 150 156 169 205 252 167 148 186 190 212 248 180 124 136 144 181 212 177 142 162 158 200 231 192 185 265 200 170 170 170 170 205 205 215 220 195 200 205 215 167 150 150 150 167 158 167 167 156 150 144 144 162 167 167 167 136 136 128 120 154 157 154 196 200 188 181 165 165 165 180 235 240 210 260 200 200 210 210 129 150 136 164 158 158 175 175 150 150 138 163 143 162 167 152 116 116 120 132 146 146 150 162 185 181 177 196 183 217 183 183 150 150 157 150 190 200 195 205 144 144 144 148 154 158 177 169 196 204 208 215 May June .. July August 185 195 195 200 265 265 260 270 230 235 240 245 179 200 193 193 September October.. November December 1924 January . February March April . 200 200 205 200 260 270 270 265 240 235 245 235 207 207 207 200 200 192 208 200 163 163 150 175 205 200 195 219 152 156 148 128 165 165 162 165 215 227 265 212 190 190 205 195 260 265 300 260 235 240 275 240 195 193 269 193 192 192 183 208 156 150 181 163 191 195 205 195 140 122 144 140 173 150 142 158 200 196 192 204 May Juno July August 190 195 190 190 255 255 255 235 235 235 215 210 193 244 200 200 208 208 200 208 163 169 163 175 195 181 186 186 144 140 144 156 158 173 158 158 196 212 204 200 September October November December 1925 195 190 190 185 240 235 230 235 205 205 205 215 207 214 200 193 200 200 208 192 175 169 175 169 205 190 195 186 156 152 148 148 165 162 158 158 200 204 200 200 February March April .. 99 99 108 133 161 186 214 143 138 150 167 137 133 147 159 161 161 151 153 157 159 160 Relative to 1916 100 100 100 120 150 190 Relative to 1923 10O 105 112 10O 210 230 190 160 195 200 116 122 101 100 114 202 242 241 224 223 180 180 180 180 104 110 111 109 220 218 222 225 94 99 100 101 180 180 180 200 108 108 110 112 223 228 221 222 102 101 101 100 200 200 200 200 115 117 119 120 220 220 222 220 100 99 99 99 200 200 200 200 118 118 114 109 225 221 225 227 97 100 101 101 200 200 200 200 106 106 107 109 226 231 227 225 102 101 101 98 200 200 200 200 109 108 108 109 224 226 226 226 99 99 99 98 200 200 200 200 109 111 109 229 225 231 99 100 101 94 118 168 «102 799 100 100 j ! ! _. 1 May June July August _. __ 1 See footnotes on opposite page also. 1 Compiled by the U. S. Department of Agriculture, Bureau of Public JRoads. The current data beginning January, 1922, are compiled directly from Federal aid project reports. Back data have included reports on farm labor or other forms of common labor closely correlated as reported to the Department of Agriculture and the Department of Labor. J Average rates paid to farm labor as reported by the U, S. Department of Agriculture, Bureau of Agricultural Economics. 119 Table 88.—WAGES AND EMPLOYMENT [Base year In bold-face tf type; relative numbers on opposite pagej RAILWAY EMEMPLOYMENT < PLOYU,Si STEEL, , MENT (WltfcCORP. AT ANEast West West MoanNew Middle South. East WAGE Employ- Average TEGRAout South Sooth North Eng- Atlantic North Paciffe board)* CITE hourly ees on "KATES' Atlantic Central Central Central Central tain land pay roll wage MINES s WAGES OF COMMON LABOR BY GEOGRAPHIC DIVISION! United States average YEAR AND MONTH FAMM WAGES Dollars Cents permonth per hour Cents per hour 191 3 monthly av 1914 monthly" av" 191 5 monthly av. _ 1916 monthly av. _ 191 7 monthly av__ 1918 monthly av_. n n 23 28 36 20 25 SI 39 2ft 24 30 38 14 16 21 27 1£ 13 17 23 It 17 21 28- »1 24 29 30 £5 28 34 45 26 29 36 44 1919 monthly av- . 1920 monthly av_ . 1921 monthly av. 1922 monthly av.. 1 923 monthly av._ 1924 monthly av 41 49 36 32 38 38 41 49 38 39 51 50. 41 50 35 36 45 45 32 37 26 21 25 2& 28 32 25 20 22 24 36 40 28 24 25 27 43 53 35 31 3ft 40 53 62 45 31 34 3d 47 55 46 37 42 41 52 60 50 19£3 September October November December __._. 34 34 34 34 41 41 43 44 39 40, 41 43 22 21 21 21 20 19 20 20 25 24 23 23 34 35 35 35 34 34 32 30 40 41 40 40 51 52 49 47 19&3 January February March April 33 33 33 3& 47 42 52: 40 40 42 42 18 21 19 23 19 19 21 21 24 24 22 26 30 34 35 32 29 29 30 33 38 38 39 42 48 47 46 51 May June Julv August 37 3d 39 40 '. 53 53 52 54 4ft 47 48 49 25 28 27 27 22 26 22 22 24 24 25 24 40 42 41 43 36 38 36 37 40 41 • 46 44 51 53 54 56 September October November December 19^4 January February _ March April 40 40 41 40 't 62 54 54 53 48 47 49 47 29 29 29 28 24 23 25 24 26 26 24 28 43 42 41 46 38 39 37 32 43 43 42 43 56: 59 69 55 38 38 41 39 52 55 60 52 47 48 55 48 27 27 33 27 23 23 22' 25 25 24 2926 40 41 43 41 35 33 36 35 45 39 37 41 52 51 50 53 May June July August September October November D eceniber 38 39 38 38 51 61 ! 51 47 47 43 42 27 30 28 28 25 25 24 25 26 27 26 28 41 38 39 39 36 35 36 39 41 45 ! 41 ; 40 51 55 53 48 47 48 47 41 41 41 43 29 30 28 27 24 24 25 23 2& 27 28 27 43 40 41 39 39 38 37 37 43 42 41 41 52 53 52 52 3$ 38 38 3? '. : 48; : ! ' 47 ; 28 36 45 48: 54 62 53 Thousands Dollars 1,847 1, 733 1,842 $0. 276 .313 .463 Number employed $30. 31 29. 88 30. 15 32.83 40.43 48. 80 20 20 20 24 30 38 56.29 64.95 43. 32 41,79 45i40 47.53 42 46 38 32 39 40 1, 913 2,013 1, 661 1, 645 1,880 .557 .667 .665 .618 .615 36 36 36 36 1,709 1,804 1,820 1,789 .606 .603 .614 . 620 144,916 152,774 154, 024 154, 987 36 36 36 40 1,780 1, 784 1,816 1,844 .615 .629 .609 .611 156, 408 155,511 155, 813 153, 850 40 40 40 40 1,896 1, 934 1,955 1, 974 .606 .607 .612 .607 153,443 152,665 152, 281 152, 697 40 40 40 40 1, 946. 1,936 1,900 1,794 .622 ,611 .622 .627 148* 873 154, 235 155, 125 155, 574 40 40 40 40 1, 750' 1, 753 1, 760 1,787 .625 .638 .626 .621 156, 232 155, 938 155, 075 151,016 40 40 40 40 1,793 1,771 1,773 1,789 .619 .625 .623 .625 153, 068 153, 482 153,333 150, 048 40 40 40 40 I, 801 1 , 8231,789- .633 .622 ,638 153, 030 154, 076 154, 985 145, 370 40.30 4447 48.14 48,70 48.67 45.81 46. 45 47. 62 48,15 4&52 « 156, 008 7152,874 153, 873 153, 383 1925 January February March April May June July August ,. . f ' , I I See footnotes' on opposite page also. 2 Average rates in the Pittsburgh- district reported by the United States Steel Corporation; rates apply to 10-howr day except for the* periodt October 1, 1918+ to July 16, 1921,4 during which period the; rates applied to a basie 8-honr day with time and a half for overtime. Compiled from rejports of Class I earners and 15- switching and terminal companies to the Interstate Commerce Crnnmisswn* The computation of average wages excludes tfaft oflicials included in total oa pay relL Monthly date from 1920 givea in January* 1923,, issue (No. 17), page: 51.. 5 Compiled by the- Antktaxtte Bureau of Information* Data for the sir months,',' period March, 1922 ta August, 1&22,. inclusive not available on account of strike 6 Average of last three months of the year. 7 Average of 6 months; data for the 6-month period March to September not available. 120 Table 89.—EMPLOYMENT AGENCY OPERATIONS JOBS REGISTERED WORKERS REGISTERED Total YEAR AND MONTH East- Cen- South- Western ern tral ern States States States States Total WORKERS PLACED East- Cen- South- Western ern tral ern States States States States Total East- Cen- South- Western tral ern ern States States States States Applicants per job Number 6 months' average, 1921.. 1922 monthly average,.. 1923 monthly average__1924 monthly average... 1933 January February March April 202, 132 222, 187 189, 869 178,648 39, 299 45, 314 41,428 41, 531 124, 700 133, 241 112, 720 106,522 14, 066 15, 972 15, 202 15, 852 24, 068 27, 660 20, 469 14, 517 116, 866 186, 283 181, 426 124, 546 29, 967 42, 799 42, 838 33, 028 53, 068 91,000 89, 549 59, 615 8,599 12, 817 14, 302 12, 251 25, 232 39, 675 34, 738 21,390 94, 478 144, 936 140, 819 107, 247 23, 941 33, 479 32, 080 27, 683 43, 072 67, 500 67, 228 55, 027 6,835 10, 494 10, 936 10, 571 20, 630 33, 462 30, 575 19, 047 1.73 1.27 1.05 1.43 172, 838 21, 515 38, 465 47, 040 42, 829 114, 492 127, 344 146, 298 132, 202 10, 744 11,971 13, 988 15, 869 26, 087 28, 625 24, 655 22, 267 100, 599 108, 163 139, 055 161, 768 21, 022 25, 379 37, 445 41, 673 43, 004 45, 139 63, 776 78, 938 7,301 8,630 9,840 12, 247 29, 272 29,015 27, 994 28, 910 92, 924 82, 513 122, 227 120, 763 22, 821 24, 616 31, 979 29, 684 36, 608 34, 026 54, 640 58, 006 6,524 7,257 9,084 9,854 26, 971 16, 614 26, 524 23,219 1.72 1.91 1.67 1.32 259, 451 238, 186 233, 140 73, 396 46, 706 48, 256 45, 257 142, 727 159, 799 137, 062 139, 874 19, 131 25, 281 16, 081 15, 053 26, 771 27, 665 36, 787 32, 954 217, 382 252, 106 212, 581 224, 235 49, 365 49, 813 47, 536 45, 757 114, 100 129, 878 102, 672 115, 930 12, 552 23, 984 13, 179 11, 872 41, 365 48, 431 49, 187 50, 774 166, 757 191, 301 159, 884 169, 711 37, 544 38, 323 34,804 35, 033 83,813 94, 080 74, 950 82, 323 10, 879 17, 298 11, 453 9,941 34, 521 41,600 38, 672 42, 412 1.21 1.03 1.12 1.04 225, 896 241, 155 . - _. 209, 490 .__ 172,509 48, 399 50, 516 42, 587 38, 806 126, 649 140, 233 128, 033 104, 177 16, 406 17, 597 16, 517 13, 023 34, 442 32, 810 22, 353 16, 503 239, 751 248, 164 188, 323 143, 265 56, 014 109, 190 56, 319 121, 864 44, 040 96, 515 39, 222 70, 993 14, 872 16, 406 12, 537 10, 378 59, 673 53, 574 35, 231 22, 672 179, 644 187, 949 149, 962 115, 595 39, 749 41, 433 34, 033 31, 729 78, 250 85, 348 73, 238 54, 719 11, 435 12, 762 10, 773 8,666 50, 206 48, 406 31,918 20, 481 .94 .97 1.11 1.20 203, 928 175. 807 169, 217 178, 158 44, 410 40, 722 36, 441 37, 494 124, 328 104, 718 101, 577 109, 619 17, 343 16, 200 13, 530 13,410 17, 847 14, 167 17, 669 17, 635 159, 002 167, 866 178, 384 200, 692 45, 745 76, 253 43, 707 82, 985 43, 611 87, 281 48, 238 104, 474 12, 520 12, 408 12, 792 13, 514 24, 484 28, 766 34, 700 34, 466 126, 777 127, 965 135, 226 143, 582 35, 836 32, 983 31, 608 33, 164 58, 947 59, 965 63, 825 70, 845 10, 648 10, 059 9,757 9, 673 21, 346 24, 958 30, 036 29, 400 1.28 1.05 .95 .89 233, 607 198, 524 186, 649 214, 215 50, 124 42, 767 37, 261 41, 987 144, 506 116, 697 106, 553 126, 289 17, 101 19, 204 14, 023 16, 312 21, 976 19, 856 28, 812 29,627 266, 999 210, 817 169, 677 205, 137 62, 473 137, 544 46, 610 106, 571 34, 766 85, 577 41, 070 97, 773 18, 897 19, 487 13, 263 16, 788 48, 085 38, 149 36, 071 49, 506 194,060 ! 42, 150 161,555 1 34, 392 135, 884 27, 323 165, 910 31, 850 97, 580 78, 838 66, 867 77, 892 12, 483 14, 791 10, 666 12, 201 41, 847 33, 534 31, 028 43, 967 .87 .94 1.10 1.04 . 173, 255 239, 097 163, 328 142, 046 38, 193 52, 574 38, 341 36, 821 97, 456 142, 188 97, 395 81, 416 13, 688 15, 916 13, 198 12, 502 23, 918 28, 419 14, 394 11, 307 178, 347 220, 504 128, 129 91, 560 41, 629 80, 862 50, 001 109, 239 31, 614 63, 871 24, 591 42, 155 15, 228 16, 227 11, 743 8,756 40, 628 45, 037 20, 901 16, 058 137, 318 175, 108 107, 610 78,836 28,906 39, 108 26, 279 21, 364 61, 906 82, 300 52, 303 35, 472 10, 949 12, 799 9,727 7,473 35, 557 40, 901 19, 301 14, 525 .97 1.08 1.27 1.55 175, 620 150, 235 156, 244 205, 039 40, 612 34, 762 37, 822 44, 179 105, 188 89, 291 90, 520 125, 357 16, 066 14, 332 14, 359 18, 130 13, 844 11, 850 13, 543 17, 373 108, 949 103, 509 112, 379 163, 119 27, 988 26, 278 30, 211 40, 389 54, 077 50, 331 53, 215 82, 051 10, 185 10, 402 10, 526 15, 172 16, 699 16, 498 18, 427 25, 507 89, 535 84, 683 93, 508 137, 772 23, 527 21, 966 24,835 33, 207 42,086 39, 084 42, 834 68, 924 8,589 9,089 9,256 13, 013 15, 035 14, 544 16, 583 22, 628 1.61 1.45 1.39 1.26 . 176, 441 180, 575 218, 052 154,752 48, 094 44, 300 46, 764 31, 252 101, 248 103, 525 132, 111 92, 274 14, 650 18, 825 19, 926 14, 014 12, 449 13, 925 19, 251 15,704 129, 672 114, 950 137, 268 91,618 39, 943 31, 275 32, 805 24, 960 55, 869 48, 975 66, 096 52, 624 12, 298 14, 375 14, 877 10, 738 21, 562 20, 325 23, 490 23, 296 112, 109 ! 33,993 100, 700 26, 350 120, 121 28, 105 96, 512 21, 424 48, 425 43, 125 57, 105 45, 734 10, 512 12, 900 13, 662 9,100 19, 179 18, 325 21, 249 20, 254 1.36 1.57 1. 59 1.69 168, 974 203, 076 155, 506 199, 266 40, 092 46, 608 37, 336 46, 546 97, 656 123, 162 94, 406 123, 527 14, 222 17, 576 12, 454 15, 671 15, 704 15, 730 11,310 13, 522 134, 446 157, 742 109, 980 130, 917 34, 502 41, 626 30, 706 35, 656 59, 592 74,854 54, 392 63, 308 12, 870 14,404 9,802 11, 358 27,482 23,858 15, 938 20, 595 111,774 133, 224 94, 692 112; 823 28,626 34, 814 25, 194 30, 155 49, 270 61, 828 46, 774 53, 866 10, 296 12, 298 8,190 9, 946 23,582 24,284 14, 534 18, 362 1.26 1.29 1.41 1.52 ; -- 206, 405 231, 981 213, 167 Tvlay June July August - - 262, 025 September i October November December 1933 1 January ..February _ . April _ May Junp . July August September October November December ... 1934 January February. ]VIarch April . - May June July August - - .... September October November December 1935 January February .. I July !i "" 1 Compiled from weekly reports to the U. S. Department of Labor, Employment Service, by State and municipal employment agencies. Eastern States included in the report are Connecticut, District of Columbia, Massachusetts, New Jersey, New York, and Rhode Island (Delaware, Maryland, and Pennsylvania, now reporting, are excluded to show true comparison). Central States are Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Southern States include Alabama, Arkansas, Georgia, Kentucky, North Carolina, Oklahoma, Texas, and Virginia. Western States include Arizona, California, Colorado, Idaho, Oregon, and Washington; Montana is included beginning with March, 1922, its figures being so small as not to affect the total. 12,1 Table 90.—EMPLOYMENT—INDUSTRIAL AND FEDERAL [Index numbers for base year In bold-faced type] Metal Total,i 13 groups YEAR AND MONTH Food and kindred products Textiles and their products Iron and steel and their products Lum- Leather ber and and its finits ished manu- prodfacucts Paper and ing print- ture Chemicals Stone, clay, other products glass products and and and metal products other than iron To- Vehicles fac- land transportation bacco manuture and for Miscellane- ous industries Federal civilian employees, Washing ton, D. C.2 steel Relative to 1923 Number 100 90 10O 96 100 100 100 100 100 100 100 100 100 100 100 & ! I 86 95 91 100 92 97 90 94 89 81 3 99, 970 92, 237 80, 838 71, 061 66, 214 64, 755 1933 July August 87 88 89 90 90 92 79 79 97 97 94 97 93 93 88 92 99 100 66 86 106 104 77 75 82 87 69, 690 68, 945 September October November December 91 93 94 97 92 94 97 98 95 97 98 100 83 86 89 93 96 96 96 95 98 98 100 101 94 95 96 99 92 93 96 95 100 95 92 92 89 93 101 99 106 108 107 106 81 86 90 93 89 90 92 98 68, 718 68, 445 68, 030 67, 504 1933 January.. February March April 98 100 102 102 96 95 96 95 102 104 105 104 94 97 100 101 94 96 97 100 104 105 105 103 98 98 100 100 98 102 105 104 92 93 96 101 105 107 111 109 103 102 103 100 96 97 100 100 100 102 107 107 67, 276 67, 285 66, 751 66, 406 102 102 100 100 96 99 100 102 103 101 98 97 102 104 102 102 101 102 103 102 100 97 96 99 100 100 100 100 102 99 98 99 104 105 103 102 107 103 101 93 100 100 98 94 101 103 101 102 105 104 100 96 66, 435 66, 595 65, 595 65, 508 100 99 99 97 105 107 106 102 98 96 95 96 102 100 98 94 103 101 101 98 98 98 98 96 100 101 102 102 100 99 98 97 102 101 100 98 92 92 89 92 99 100 101 100 101 102 101 97 94 94 96 95 66, 006 65, 851 65, 830 65, 025 95 97 96 95 98 99 97 93 96 97 96 91 93 94 95 94 95 97 97 98 97 97 97 92 102 101 101 101 97 99 103 101 94 95 99 102 94 102 105 100 96 97 95 92 96 96 96 95 95 97 96 94 64, 946 64, 844 64, 680 64,531 • May June July August ... 91 88 85 85 92 94 94 95 87 84 79 81 89 85 80 79 97 95 93 93 88 83 83 87 100 99 98 98 92 85 84 84 102 99 94 96 94 87 81 81 92 92 93 93 90 85 84 84 88 85 82 80 64, 614 64, 120 64, 437 64, 489 September October November December 87 88 88 89 97 97 95 96 84 86 86 88 80 81 82 85 93 94 93 93 91 92 91 91 100 101 101 102 88 89 89 90 95 95 95 94 79 85 85 87 95 88 97 96 84 85 84 85 82 84 85 87 64, 638 64, 794 64, 740 66,079 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo. av av av av av May June July August _ _ September October November December 1934 January February. March _. _. April _ .. 1935 January February March April May July August . 1 Compiled by the U. S. Department of Labor, Bureau of Labor Statistics, and represent weighted indexes based upon the number of wage earners in the respective industries in 1919. The original data are taken from the payroll nearest to the middle of the month. Details of this table can be found in the April, 1924, Monthly Labor Review, pp. 129-132. 2 Compiled by the U. S. Civil Service Commission, giving number on rolls at end of each month, a Nine-month average, April to December, inclusive. 122 Table 91.—WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS [Base year In bold-faced type] Chicago Kansas City San Francisco Richmond 100 100 100 100 100 69 71 79 83 89 93 101 97 96 106 118 126 112 112 126 119 87 89 100 103 86 90 100 97 99 92 98 96 92 86 94 104 112 115 132 144 77 75 80 80 57 60 68 61 85 71 92 81 94 94 108 92 102 103 113 97 109 110 122 104 93 83 96 84 82 80 99 87 83 85 97 82 83 79 90 77 103 107 131 104 78 92 82 91 89 100 87 92 65 67 65 73 92 101 100 93 96 100 94 102 100 J04 102 104 108 112 106 112 85 84 83 88 94 98 82 92 88 94 90 96 80 80 82 94 106 111 105 134 76 80 73 68 87 86 84 74 101 108 101 87 88 93 81 72 101 114 106 84 104 111 103 99 111 126 109 105 112 116 116 121 96 97 98 87 92 99 91 87 95 102 96 95 98 100 86 77 126 127 122 110 85 77 90 82 63 69 71 74 72 74 78 84 80 97 93 97 70 70 76 72 90 91 88 105 113 107 121 106 120 118 131 112 138 126 138 121 117 97 108 96 97 93 111 101 101 100 105 96 100 85 92 83 114 115 338 122 82 80 81 83 83 81 78 87 72 84 70 78 85 95 87 99 92 101 97 104 74 75 67 80 97 108 107 102 107 107 106 111 111 111 113 109 123 121 120 124 97 94 92 101 103 102 94 105 96 98 93 99 84 84 89 300 125 124 132 142 84 . 96 87 73 90 97 90 83 89 98 92 S2 80 83 79 64 96 90 89 71 111 119 112 88 103 99 86 70 113 116 112 80 115 129 111 99 125 149 110 103 125 132 123 118 101 112 104 87 101 111 100 88 95 104 97 93 102 117 ICO 86 145 161 147 120 81 80 84 80 77 77 78 79 82 80 80 80 90 86 90 88 72 70 72 73 76 74 75 77 «2 94 95 99 83 85 77 77 97 88 92 94 116 110 118 114 130 125 135 126 122 120 127 124 112 102 106 100 97 92 101 101 98 88 93 95 110 100 101 100 141 133 144 145 73 71 74 72 85 86 85 84 79 76 81 77 84 79 77 83 82 76 84 89 75 81 78 76 80 90 90 91 104 117 106 117 77 75 76 86 93 101 96 97 110 105 110 108 125 120 121 112 116 111 117 116 98 92 98 99 97 92 91 93 92 87 96 95 97 91 99 101 135 131 148 144 84 94 88 80 94 103 93 91 89 99 83 80 92 100 88 87 98 108 92 98 84 91 79 73 95 99 89 85 122 138 126 106 99 i 95 82 79 103 108 98 85 117 128 109 109 130 146 113 120 116 125 113 107 107 103 100 102 108 94 93 98 115 101 95 112 124 108 106 154 171 139 134 Chicago Minneapolis 100 Atlanta 100 112 97 100 111 113 Richmond 100 1 Cleveland Cleveland f*. Weighted index 7 districts San Francisco DRUGS 100 J* Boston YEAR AND MONTH Philadelphia Weighted index 11 districts GROCERIES 6 1 3 i i : 1 I 1 INDEX NUMBERS RELATIVE TO 1919 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av 1923 mo. av 1924 mo. av 100 100 100 72 69 74 77 79 79 85 85 94 91 99 110 67 66 79 66 58 57 71 60 65 60 78 70 74 74 71 77 76 77 73 82 68 79 68 75 78 80 84 73 80 82 82 75 83 90 88 79 77 76 82 84 68 65 75 75 76 72 82 77 75 82 76 77 86 92 89 90 79 85 76 79 82 96 90 76 81 100 96 78 91 104 98 84 80 77 80 79 71 67 75 75 78 71 77 72 81 S3 83 83 83 86 90 82 93 94 93 83 83 100 100 100 100 100 1OO 75 83 82 74 76 80 78 80 76 88 87 75 71 79 81 74 73 83 84 79 77 85 90 65 62 76 66 61 59 70 67 64 60 77 64 67 66 74 63 59 57 70 61 64 64 73 65 July August 74 82 75 79 76 85 76 77 69 79 72 73 74 81 72 78 69 77 69 74 September October .„. November _. _ December . 83 90 87 78 80 85 84 76 79 93 94 89 78 87 89 82 1933 January _„ February Mar en « -— April 74 73 80 80 73 69 79 78 78 68 81 72 May June July August 81 88 81 85 88 97 86 84 September October November December 89 98 92 76 1924 January February . March April .-_ May June July August , 1922 January February April M^av JU'ie „_____ September October November December- ioa 8* 83 10O 100 j 113 77 76 83 85 : •; i : i 1935 February Marco April May June July August j I 118 ; i | j 1 Compiled by the Federal Reserve Board, Division of Research and Statistics, representing combined indexes of dollar sales reported for the various Federal reserve districts, weighted by the number of persons employed in wholesale trade in each district in 1919. Monthly data from 1919 appeared in April, 1923, issue (No. 20) of the SURVEY OF CURRENT BUSINESS, p. 50. For details and methods of computation, see Federal Reserve Bulletin for April, 1923. 123 Table 92.—WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS1 [Base year in bold-faced type] Richmond Atlanta Chicago Minneapolis San Francisco Cleveland 100 100 100 100 100 80 81 101 102 86 97 113 104 86 89 101 83 62 54 58 56 75 66 65 68 66 66 71 68 60 58 61 51 67 64 59 47 62 66 69 56 78 76 80 66 49 57 77 75 63 67 75 77 76 72 89 92 48 53 73 66 70 68 103 92 44 45 67 50 37 44 73 95 46 57 67 65 40 49 67 66 39 "48 70 72 67 67 .58 55 59 60 83 74 92 91 86 94 82 89 78 80 79 78 79 81 106 113 98 106 62 62 51 71 86 79 68 89 47 51 41 60 77 66 36 59 56 54 55 78 50 46 40 65 71 72 49 66 68 55 53 81 74 74 64 88 98 102 91 80 88 87 79 67 85 85 80 79 101 104 93 78 107 108 104 92 81 81 71 65 106 106 92 112 69 67 59 52 80 82 73 61 88 88 79 68 76 81 66 47 76 78 65 61 84 80 79 64 85 88 82 78 92 74 86 78 83 79 108 111 115 100 149 168 71 77 92 88 89 88 105 97 99 97 125 120 61 60 86 67 92 84 116 106 57 50 77 58 37 54 97 71 63 71 88 69 50 58 82 56 48 49 82 55 68 63 77 71 69 74 95 84 107 95 88 109 79 80 72 86 119 118 103 106 180 169 157 160 92 92 77 77 106 107 108 110 125 125 109 114 73 68 56 74 116 100 88 113 61 56 46 61 81 74 48 62 88 62 50 79 65 59 44 66 56 65 52 66 81 70 54 86 87 82 69 82 117 133 103 82 104 116 99 82 87 102 90 79 110 115 96 83 150 153 139 128 76 82 73 71 96 113 111 82 112 121 104 98 76 81 63 51 117 121 93 71 63 69 57 45 70 81 60 48 86 88 62 48 68 78 67 37 64 73 50 46 70 72 57 61 94 87 76 62 104 100 119 124 94 98 106 109 111 95 93 98 89 77 72 72 84 86 106 117 114 107 145 158 63 69 72 79 97 103 107 106 104 104 115 107 49 49 65 69 79 60 94 95 50 45 70 73 36 49 61 81 49 57 64 65 44 48 57 55 41 37 61 57 46 50 53 55 53 66 76 68 105 92 88 83 123 115 111 111 107 97 98 95 91 78 83 93 73 69 64 76 108 102 99 93 141 143 150 144 75 75 71 74 102 90 93 98 111 103 94 97 56 52 44 56 77 69 68 83 50 52 46 54 70 67 43 43 62 42 37 67 45 37 34 63 42 42 37 46 51 47 37 66 74 66 54 69 95 107 95 97 115 134 114 123 111 114 98 93 108 95 88 85 89 101 88 96 106 109 93 93 166 152 151 144 87 96 88 93 108 109 98 116 105 107 90 91 69 67 57 56 105 97 82 100 64 63 49 54 61 66 59 61 70 69 55 44 64 68 55 44 59 53 48 47 74 78 66 68 70 69 63 50 3 i Boston 100 Kansas City 100 Chicago 10O 88 68 65 68 58 Atlanta 100 Richmond 300 Cleveland New York Weigh ted index 8 districts San Francisco SHOES Minneapolis Philadelphia YEAK AND MONTH New York Weighted index 10 districts HARDWARE INDEX NUMBERS RELATIVE TO 1919 100 100 100 100 10O 100 100 100 116 82 86 104 99 100 78 84 100 96 97 100 114 115 92 94 111 102 82 78 100 94 66 69 84 79 86 91. 103 100 78 78 148 143 74 76 81 77 1932 January February IVTarch April 50 60 85 91 56 54 86 86 71 68 103 111 59 66 90 95 69 58 79 84 64 66 65 60 54 68 94 116 40 48 70 87 June July August 98 93 82 91 96 01 80 86 113 104 90 101 106 100 86 97 85 81 78 89 62 59 56 76 119 101 87 95 _ . 97 . 100 94 84 93 98 94 83 107 116 111 106 113 114 110 95 97 97 96 79 80 90 84 80 1923 January February March April 89 83 109 112 78 72 103 113 92 89 122 125 99 89 113 122 102 86 110 105 May June July August 118 114 100 106 114 109 92 100 129 125 111 111 134 127 107 112 September. October November D ecember 106 117 102 90 100 115 105 97 113 132 113 113 1924 January February March April 91 91 104 108 84 86 107 108 May June July August 104 96 93 93 September October November December 106 111 98 99 1919 1920 1921 1922 1923 1924 mo. mo. mo. mo. mo. mo. av av av av av av September October November December 100 1925 January February March April . May June July.. August. » ..._ 1 Compiled by the Federal Reserve Board, Division of Research and Statistics, representing combined indexes of dollar sales reported for various Federal Reserve districts, weighted by the number of persons employed in wholesale trade in each district in 1919. Monthly data from 1919 appeared in April, 1923, issue (No. 20) of the SURVEY OF CURRENT BUSINESS, p. 50. For details and methods of computation, see Federal Reserve Bulletin for April, 1922. 124 Tattle 53.—WHOLESALE TRADE AND CREDIT CONDITIONS MEATS * Weighted Index 9 districts DRY GOODS i YEAR AND MONTE •New Cleve- Rich- AtYork land mond lanta Chicago San Kansas Dallas Francisco City INDEX OF WHOLESALE TBABE 1 [Base year in iw>hl-£aced type] TEXTILE TRADE 2 ELECTRICAL TRADE « Prompt PayOrders Indebtedness ments Delinquent Accounts Percentage of total recorded transactions 100 100 34.1 90 98 109 101 38.3 28.0 24.6 26.9 28.8 28.9 36.2 36.6 43.3 42. 6 42.6 60.7 59,4 53.4 47.6 55. 3 55.0 66 78 77 69 77 75 92 82 63 62 73 66 25.4 25.6 26.9 24.8 42.3 39.7 38.1 41.9 88 95 74 102 70 68 89 128 88 91 93 125 72 76 71 79 24.1 26.4 27.9 30.0 107 99 87 69 101 98 88 69 122 119 85 48 129 121 124 76 83 88 80 72 89 81 93 67 100 89 105 84 115 113 120 100 106 93 87 67 104 93 119 104 66 72 76 109 62 57 66 94 81 86 99 117 96 93 96 116 69 73 94 144 119 114 95 74 116 113 86 50 112 104 80 45 116 108 91 58 100 89 80 73 85 91 83 76 92 88 69 63 74 75 69 65 100 91 89 83 98 65 65 59 ;83 53 49 62 93 53 47 58 94 111 103 88 97 102 91 SO 82 113 84 70 51 118 103 77 57 100 85 83 98 95 84 84 99 80 75 72 87 76 70 70 79 76 80 84 94 89 90 91 99 107 86 85 98 102 49 75 74 83 72 81 79 78 70 77 76 89 71 59 58 72 60 52 56 72 63 80 73 85 71 89 92 106 89 58 60 59 56 75 7? 74 102 75 77 67 94 74 72 •62 97 57 63 68 98 60 56 68 95 78 82 82 100 61 63 55 57 105 102 91 71 99 100 92 81 103 105 95 82 101 94 82 69 91 97 79 61 1923 January Februa r y -_ March April 61 60 65 62 101 95 108 86 100 104 116 89 102 97 112 92 99 89 96 69 May J mi P Julv August 64 62 64 67 83 88 88 115 87 105 88 107 90 88 81 121 73 74 65 65 112 112 90 66 114 109 85 79 ; I i | 97 98 90 81 104 113 103 85 64 : 72 70 79 102 1921 monthly av 1322 monthly av 1923 monthly av 1924 monthly av 55 56 65 65 1923 J anuary February _ March Auril 49 49 52 ; TvTav June July August September October November December SeDternber October November December - „ 1924 January ,. February March April „ May June July A u°nst September October November December 66 63 62 61 „ 64 67 68 : 71 I 78 ; . 1925 January.. February . March. ^. April 68 47 i 116 104 88 76 78 78 . 84 ; : 100 100 112 73 74 83 82 100 100 115 83 83 95 91 100 100 100 100 Number of firms NUMERICAL DATA INDEX NUMBERS RELATIVE TO 1919 1919 monthly av Dollars 4 $225, 106 202, 557 201, 689 186,592 1,518 1,625 1,497 1,497 50.1 48.1 49.7 46.4 177, 291 183, 292 173, 361 188,326 1,380 1,430 2,045 1,583 44.8 43.1 42.7 42.8 49.6 48.5 46.0 45.2 176, 130 183, 814 173, 492 234, 152 1,555 1,486 1,451 1,694 29.5 26.4 27.9 27.7 43.6 45.4 45. 5 49.3 45.8 45.2 46.7 49.5 232, 656 201, 881 261,176 245, 114 1,819 1,753 1,488 1,820 78 76 S6 79 29.5 31.1 32.2 32.3 41.4 40.0 40.1 39.8 52.7 52.2 52.6 54.0 184, 606 139,664 242,918 226, 424 1,495 1,157 1, 889 1, 540 106 95 99 134 80 83 79 88 32.1 27.3 22.9 31.1 41.5 44.2 45.3 43.9 56.0 56.4 55.4 55. 1 196, 986 186, 671 184, 535 213,393 1,460 1,457 1,428 1,366 140 148 112 46 128 136 105 82 91 96 85 72 30.5 30.0 28.0 18.5 45.8 43.2 43.1 43.0 54.8 58.1 59.5 57.0 200, 094 238, 293 237, 013 169, 668 1, 453 1,823 1,547 1,,351 110 112 98 92 110 109 77 80 94 99 103 92 80 78 80 78 25.8 31.5 31.5 30.5 38.9 38.5 40.8 45. 6 54.7 54.0 60.0 58.7 174, 062 181,994 200, 059 208,601 1,135 1,486 1,677 1,629 72 71 79 92 83 80 103 124 78 68 94 164 92 83 94 123 77 76 78 83 26.0 25.5 25.0 33.0 43.9 42.1 41.4 39.3 55.3 52.1 53.6 53.0 204, 935 197, 118 209,833 196, 454 1, 748 1, 583 1,642 1,550 116 94 86 71 127 125 117 86 144 141 110 54 125 120 92 76 92 96 84 79 34.5 32.0 27.5 24.5 42.2 45.6 48.3 45.1 58.5 55.6 64.3 50.7 200,250 167,286 139, 715 119,777 V639 1,458 1,157 1,258 25.5 39.1 51.4 198, 225 1,336 May June July August. 1 Compiled by the Federal Reserve Board, Division of Research and Statistics, representing a combined index of dollar sales reported for various Federal Reserve districts, weighted by the number of persons employed in wholesale trade in each district in 1919. For details and methods of computation see 'Federal Reserve Bulletin for April, 1923. The combined index of wholesale trade is a weighted average based upon the total volume of wholesale trade in lines separately shown on this and the preceding pages, proportional to the total production of each line of goods in 1919. Monthly data from 1919 appeared in April, 1923, issue No. (20) of the-Survey OF CURRENT BUSINESS, p. 50. * 2 Orders, indebtedness, and prompt payments compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit from their ledgers concerning merchants or jobbers to whom they sell. The commodities covered are largely textiles, and the individual orders are stated to average from $250 to $600, depending on trade conditions. As one transaction may cover both an order and an indebtedness or payment, the sum of the percentages of orders, indebtedness, and payments will usually exceed 100 per cent. 8 Delinquent accounts, electrical trade, are compiled by the National Eectrical Credit Association, from reports to its constituent regional associations by electrical manufacturers and jobbers. * Eleven months' average, February to December, inclusive. 125 Tabte M—DISTRIBUTION MOVEMENT POSTAL RECEIPTS MAIL-ORDER HOUSE SALES 1 Total YEAR AND MONTH 2 4 houses houses INDEX NOS. 4 2 houses houses Relative Relative to 1919 to 1913 1913 mo 1914 mo 1915 mo 1916 mo 1917 mo 1918 mo av av av av av av 1919 mo. 1920 mo. 1921 mo. 1922 mo. 1923 mo. 1924 mo. av av av av av av 50 selected cities Second class s 50 indus- (qiiarterly) trial cities $11, 275 11, 847 13, 498 17,407 20,982 22,891 $7, 965 8, 427 9,389 12,. 237 14, 856 16,544 $3, 310 3,420 4,113 5,178 6, 592 6,664 $2, 525 2,598 2,684 2,898 2,860 3,367 $13, 543 14, 611 17, 066 103 72 79 99 105 264 264 188 204 259 284 $36, 569 37, 693 26, 190 28, 695 36, 098 38,421 29, 772 30,233 21, 970 22, 969 29,182 32, 074 21, 494 21, 217 14, 834 15, 180 17, 962 18, 515 8,838 9,192 6,330 7,706 11, 220 16, 272 18, 380 20, 688 20, 759 8 $2, 157 22, 901 2,333 25, 085 2,593 26, 335 2,809 98 86 74 73 260 221 199 198 35, 837 31, 487 27,128 26, 763 29, 261 24,945 22, 453 22, 334 18, 465 13, 333 14, 961 13, 909 10,796 11, 612 7,492 8,425 24, 902 23, 802 21,046 22, 624 2,497 2,383 2,350 2,484 92 134 122 118 231 335 306 318 33, 477 49, 064 44, 601 43, 125 26, 052 37, 743 34, 528 35, 860 16, 103 22, 577 20, 416 20, 797 9,949 15, 166 14, 112 15, 064 23,272 27,235 26,531 31, 351 2,438 2,826 2,609 3,279 98 96 105 114 271 270 279 300 35, 936 35, 027 38,529 41, 551 30, 508 30, 468 31, 450 33, 836 19, 303 17, 878 17, 381 20, 099 11, 205 12, 590 14, 039 13, 737 26, 031 25, 264 27, 463 26, 918 2,859 2,728 2, 950 2,8-18 90 89 69 74 243 239 196 211 32, 797 32, 438 25, 186 27, 117 27, 404 26, 978 22, 069 23, 809 16, 318 13, 939 13, 416 13,476 11, 086 13, 039 8,653 10, 333 25, 915 23, 524 22, 728 22,545 2,651 2,433 2,597 2,565 106 141 131 148 279 364 351 411 38, 667 51, 689 48, 017 54,094 31,448 41, 063 39, 541 46, 316 17, 905 23, 801 22, 488 26, 171 13, 543 17, 262 17, 053 20, 145 25, 898 29, 119 26, 471 34, 149 2,718 3,145 2,627 3,613 34,746 22, 082 12, 664 27, 271 2,979 1923 IVUay June _. July August September October November December Total' Thousands of dollars 100 105 120 154 186 203 100 Sears, MontgomRoeery buck Ward &C6. &Co, 5,051 5,914 4,898 6,851 7,233 7,266 6,479 7,476 POSTAL MONEY ORDERS Foreign s Domestic * (50 principal cities) Paid ADVERTISING Magazine a Issued Num>~ Value Number ber Value Thou- Thous. Thousands of dolls. sands Thousands of dollars Newspaper i'- Thousands of agate lines 7, 248 7,149 6,784 40, 592 44,863 60,587 1,315 $11, 467 1, 470 12, 702 1,610 14,657 1,711 17, 837 $5, 190 4>537 3,719 3,609 2,748 2,680 7,773 8,098 8,211 9,409 10, 391 10, 797 65, 356 72, 432 64, 827 68,462 78, 913 84, 515 1,895 21, 713 2,059 25, 017 2, 107 / 23, 351 2,340 24,544 2,684 28,005 2,981 29,831 2,970 1,858 1,519 1,859 3,480 3,436 1,890 2,305 1,480 1,573 1,953 2,034 83,859 95, 832 86, 661 91, 131 97,402 96,490 10, 681 10, 683 8,865 9,008 79, 664 78,590 67, 862 70, 860 2, 671 2, 657 2,535 2, 440 28, 238 27, 723 26, 680 26, 744 2,901 2,904 3,371 3,539 2,270 2,108 1,726 1,505 109,287 97,830 82,185 80,395 9,104 11, 319 10, 948 11, 985 73, 020 93,284 87, 639 91, 314 2, 424: 2, 839 2, 775 3, 250 26, 151 29, 999 28, 974 31, 812 3, 548 5,310 4,541 5, 491 1,780 2,263 2,247 2,109 93, 165 109,293 106,397 103, 162 10, 867 10, 482 11, 993 12, 046 77, 642 75,404 108, 773 87, 981 3, 028 2, 823 3,337 3, 062 29, 118 28, 189 33, 268 30, 360 2,773 2,439 3,450 3,211 1, 746 1,945 2,219 2,482 92, 172 88,928 104,341 107,309 8,006 10, 659 9,712 9,064 81, 618 77, 450 72, 940 69, 552 2,950 2, 894 2, 724' 2, 591 30, 434 28, 405 28, 018 27, 210 3,265 3,050 3,225 2,931 2,411 2,212 1, 658 1,408 105, 560 97, 668 76,408 76,674 9,880 12,000 11,294 13, 558 77, 980 95,784 88,962 100,098 2, 795 3, 052: 2, 941 3, 573 28, 398 30, 763 29, 802 34, 002 2,890 3,070 4,426 6,503 1,795 2,213 2,201 2,121 94,903 108, 594 102,662 102, 667 6,313 $34, 812 1,224 1, 161 1,147 1,415 1,490 1,344 61,440 62,671 61, 067 ±924: January February March April May June July August September October November December 1925 January February March April. 308 7,881 7,418 1, 537 1, 975 May June._ _ July.. August 1 Sales of 4 principal mail-order houses compiled by Federal Reserve Board and include Sears, Roebuck & Co., Montgomery Ward & Co., National Cloak & Suit Co., Larkin & Co. Data on two chief houses, extending back to 1913, total the sales of Sears, Roebuck & Co. and Montgomery Ward & Co. 2 Data from U. S. Post Office Department. The 50 selected cities cover the largest cities in the country, the industrial cities comprising the next largest. The war revenue act of Oct. 3,1917, provided for an increase in the rate for first-class letter mail from 2 cents per ounce or fraction thereof prior to Nov. 1, 1917, to 3 cents per ounce or fraction thereof, from Nov. 1, 1917, to July 1, 1919> and an increase of the rate on postal and post cards from 1 #ent to 2 cents each during the same period. Since July 1, 1919, the old rates on first-class mail have been restored. Under this act a stamp tax of 1 cent for each 25 cents postage charge or fraction thereof is collectible on parcel-post matter. 3 Note that these data from U. S. Post Office Department represent quarters ending in the months specified and the annual figures represent quarterly averages for each year, not monthly averages. The war revenue act of Oct. 3, 1917, provided for a series of graduated annual rate increases on second-class mail as follows, compared with a fiat rate of 1 cent per pound previous to July 1, 1918. From July 1. 1918, to June 30, 1919, 1^4 cents, and since July 1, 1919, iy> cents per pound, these changes applying regardless of zone or distance, to portions of publications devoted to reading matter. For the advertised portions the country was divided into eight zones, each with a graduated rate and its corresponding annual increase, beginning with July 1, 1918, and reaching the maximum on July 1, 1921, making, for the first time, a differentiation between the rates on reading and advertising matter. 4 Total of 50 cities transacting two-thirds of the total money-order business of the country, from the U. S. Post Office Department. Money orders paid include, in addition to those both issued and payable in the 50 cities, those presented for payment but issued at any of the other offices in the United States and the 22 foreign countries, mostly in North America and West Indies, to which domestic postage rates apply. s Money orders issued to 10 principal foreign countries, representing approximately 95 per cent of total money orders issued by U. S. Post Office Department. The countries are Great Britain, Canada, Mexico, France, Italy, Netherlands, Denmark, Norway, Sweden, and Japan. 6 These figures represent the number of lines of advertising carried by the leading magazines dated for the month noted, as compiled by Printer's Ink. 7 Compiled by the New York Evening Post from 22 identical cities: New York, Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Boston, Baltimore, Los Angeles, Buffalo, San Francisco, Milwaukee, \Vashington, Cincinnati, New Orleans, Minneapolis, Indianapolis, Columbus, Louisville, St. Paul, Birmingham, and Houston. For the years 1916 to 1918 no reports were available for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the 18 other cities, allowing 13.85 per cent of the total to the four missing cities, the average ratio of those cities to the total in the subsequent years. * Six months' average, July to December, inclusive. 126 Table 95.—CHAIN-STORE SALES [Relative numbers for base year In bold-faced type; numerical data on opposite page] GROCERIES (38 chains) 3 FIVE AND TEN (5 chains) DRUG (10 chains) CIGAR (3 chains) SHOE (6 chains) CANDY (4 chains) MUSIC (4 chains) With With With With With With With seasonal Actual seasonal Actual seasonal Actual seasonal Actual seasonal Actual seasonal Actual seasonal correccorreccorreccorreccorreccorrec- Actual correction 8 tion 8 tion 2 tion 8 tion 8 tion' tion 8 • YEAR AND MONTH Kelative to 1919 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 100 100 100 100 146 130 151 186 211 120 124 140 165 185 121 123 127 144 150 133 132 128 135 138 100 120 113 114 123 133 100 100 109 86 101 113 101 138 142 147 176 191 1933 141 135 155 145 141 141 143 143 94 100 117 134 129 134 122 143 117 115 124 121 122 127 122 124 111 109 124 125 127 129 128 130 82 80 99 151 108 119 99 130 72 75 81 79 87 91 89 93 116 120 134 151 138 142 133 151 145 146 143 146 145 149 148 153 129 126 126 130 135 137 138 137 124 124 127 129 125 126 126 128 129 123 127 127 126 127 128 129 124 119 105 84 108 112 115 108 81 81 83 99 97 102 112 111 142 137 141 149 148 146 144 149 151 159 167 176 158 154 165 168 135 155 151 279 145 143 145 151 129 133 123 162 131 130 131 133 135 127 127 179 135 122 128 132 116 121 123 162 121 107 113 124 118 119 121 204 118 ' 99 97 108 154 150 145 220 155 147 152 151 171 169 205 179 170 176 189 177 115 117 162 142 158 156 169 152 129 126 145 135 134 138 143 139 116 110 135 125 133 130 139 130 86 72 145 125 113 107 145 107 95 88 96 99 116 107 107 116 132 133 187 159 157 157 185 159 May June July 189 183 177 179 188 186 184 187 154 154 143 153 162 168 158 161 142 149 141 145 144 151 139 145 137 136 128 135 134 140 129 138 143 144 102 95 124 135 112 121 100 97 82 103 120 122 111 115 170 176 176 179 176 188 180 179 September October November December 182 200 201 201 191 193 200 192 151 180 176 331 162 166 168 179 143 152 141 185 145 149 150 152 140 138 134 193 140 132 135 143 127 139 131 171 133 123 121 130 102 137 149 214 102 113 119 113 176 185 174 261 178 181 183 178 203 198 197 208 202 198 182 205 126 140 163 178 173 179 170 190 141 143 149 145 146 150 147 149 119 124 136 130 137 140 140 136 99 93 118 178 130 132 118 153 84 97 99 88 102 112 110 103 154 166 181 208 183 188 179 208 Mav ._ June July August 211 197 204 198 211 201 211 208 174 182 163 172 183 177 179 181 150 143 148 152 153 146 147 151 143 131 128 138 141 134 129 141 150 140 113 108 130 132 123 138 82 75 72 91 99 94 97 102 189 176 184 184 196 188 188 184 September October November. _ „ _ „ >. _ _ _ December .. 1935 January February. _ March ADril 207 238 229 251 218 231 227 240 169 203 199 366 183 188 191 198 145 159 145 186 147 156 154 153 137 144 138 192 137 138 139 142 124 138 146 187 130 122 134 142 110 124 111 184 110 102 89 98 185 202 184 276 188 197 193 189 April _____•____- July August _..-. October November December - - - . .- 1933 January February March April .. . 1934 February March April . May June July_. August-. ..-. . . I . See footnotes on opposite page. 127 Table 96.—CHAIN-STORE SALES1 [Base year in bold-faced type; relative numbers on opposite page] GROCERIES (28 chains) » YEAR AND MONTH FIVE AND TEN (5 chains) DRUG (10 chains) CIGAR (3 chains) SHOE (6 chains) MUSIC (4 chains) CANDY (4 chains) ThouThouThouThouThouThouThousands of Number sands of Number sands of Number sands of Number sands of Number sands of Number sands of Number dollars of stores dollars of stores dollars of stores dollars of stores dollars of stores dollars of stores dollars of stores $28, 526 41, 535 36,968 43,002 63, 092 60, 401 1919 monthly average 1920 monthly average 1922 monthly average 1923 monthly average 1924 monthly average 16, 998 18, 551 $17, 100 20, 491 21, 160 23, 875 28, 172 31,574 , . 1,882 2,033 $3,917 4,737 4,826 4,985 5, 655 5,897 514 527 |5, 925 7,852 7,800 7,538 8,025 8,197 2,705 2,841 $2, 337 2,804 2,651 2,663 2,880 3,103 364 452 $905 989 775 914 1,026 917 59 64 $949 1,308 1 348 1,391 1,666 1,809 115 124 1922 January February March April. _. May July August , September October November December __ .. . 40, 319 38, 437 44,342 41, 459 16, 070 17, 108 20,080 22, 921 4,601 4,504 4,843 4,734 6,577 6,473 7,367 7,378 1,916 1,863 2,318 3,535 649 678 730 714 1,103 1,140 1,272 1,430 41,304 41, 716 40,743 41, 758 22,004 21, 576 21, 497 22, 157 4,840 4,864 4,965 6,040 7,269 7,310 7,541 7,521 2,906 2,784 2,447 1,972 732 736 751 897 1,349 1,297 1,335 1,418 42, 947 45, 346 47, 495 50, 162 23, 079 26, 536 25, 854 47, 623 5,052 5,224 4, 828 6,324 8,025 7,528 7,519 10, 586 2, 713 2,837 2,871 3,791 1,070 1,075 1,092 1,844 1,456 1,426 1,373 2,090 1923 January Februory March . April 48, 775 48, 113 58, 332 51,064 13, 960 14, 152 14, 457 14, 743 19, 692 19, 920 27, 726 24, 239 1,761 1,783 1,800 1,796 5, 064 4,919 5,674 5, 289 465 477 484 483 6,847 6,499 7,968 7,394 2,754 2,737 2,732 2,747 1,998 1,678 3,388 2,919 322 328 334 335 860 795 869 894 58 58 58 68 1,251 1,257 1,777 1,506 98 99 104 118 May June July August 53,763 52, 046 50, 588 50, 984 15, 136 15, 396 15, 795 15, 998 26, 270 26, 365 24, 448 26, 120 1,818 1,817 1,813 1,817 5,563 5,843 5, 505 5,696 488 488 492 492 8,089 8,074 7,566 8,019 2,747 2,759 2,759 2,754 3,345 3,352 2,384 2,220 337 342 344 339 905 880 745 929 59 59 59 59 1, 610 1,670 1,671 1,700 129 134 135 135 September October November December 51, 973 56, 752 57, 456 57, 258 16,206 16,594 16, 807 16, 998 25, 766 30,806 30,049 56, 644 1,828 1,847 1,872 1,882 5,585 5,962 5, 507 7,261 500 506 518 514 8,284 8,197 7,925 11, 435 2,747 2,700 2, 698 2,705 2,972 3,243 3,069 3,992 354 359 362 364 923 1,235 1,346 1,933 59 69 59 59 1,669 1,758 1, 652 2,472 136 120 119 115 57, 902 56, 563 56, 261 59, 334 17, 333 17, 475 17, 662 17, 905 21, 531 23, 881 27, 922 30, 398 1,893 1,894 1,920 1,933 5, 506 5,583 6,831 5,683 520 521 524 524 7,052 7,335 8,042 7,713 2,770 2,699 2,721 2,741 2,308 2,166 2,754 4,170 365 371 383 398 761 876 894 795 59 57 57 55 1,460 1,570 1,717 1,975 114 116 122 130 May June July August 60, 283 56,213 68,138 56, 597 18, 178 18, 510 18, 739 18, 889 29, 822 27, 736 27, 861 29, 361 1,930 1,952 1,969 1,975 6,888 5,615 5,793 5,948 525 526 529 629 8,499 7,748 7, 612 8,180 2,754 2,772 2,760 2,797 3,516 3,279 2,642 2,529 405 406 405 407 741 677 652 821 55 55 55 65 1,792 1,669 1,748 1,749 142 149 148 149 September October November _ _ December 69,133 67, 778 65, 361 71,486 19, 114 19, 298 19, 597 19,906 28,965 34, 751 34, 021 62,634 1,986 1,996 2,010 2,033 5,677 6,229 5,669 7,296 633 524 526 627 8,131 8,520 8,168 11, 362 2,814 2,815 2,829 2,841 2, 902 3,218 3,400 4,358 415. 424 447 452 994 1,118 1,002 1,668 55 54 5454 1,758 1,916 1,742 2,614 151 135 131 124 _. 1924 January February March April January February March April May June.. July August _ 1925 _ .. i * Compiled by the Federal Reserve Board, Division of Research and Statistics: Monthly data from 1919 on grocery and candy chains (grocery figures not comparable with2 present data) appeared in January, 1924, issue (No. 29), p. 49. Based on variations in the four-year period 1919 to 1922, For details of computation see Federal Reserve Bulletin for January, 1924. Correction of the actual data, to eliminate seasonal variation, may be accomplished by dividing the index for each month by the seasonal index for the corresponding month given in the table on page 154 of the February, 1924, issue (No. 30) of the SURVEY OF CURRENT BUSINESS. 3 These data because of various consolidations and insolvencies represent 31 of the former 32 chains published in the SURVEY. Correction throughout the series has been made for the defunct chain, whose industrial stores are now carried on by local grocers. 128 Table 97.—TEN-CENT CHAIN STORES [Base year In bold-faced type] F. W. WOOLWORTH CO TOTAL (4 chains) SALES F. W. S. S. Mc- S. H. Total AverCrory Kress age Wool- Kresge (4 worth per Co. Stores YEAR AND MONTH chains) store Co. Corp. &Co. Sales Thous. of dols. Relative to 1913 Average per Stores Sales Stores Dollars. Number Thous. of dols. Num2 Store RELATIVE NUMBERS 1913 mo 1914 mo 1915 mo 1916 ino 1917 mo 1918 mo. 100 av av av av av av 107 120 141 161 182 ber CRORY S. S. KRESGE MC STOKES CO. CORP. Sales Stores S. H. KRESS & CO. Sales Stores Sales Stores Thous. Num- Thous. Num- Thous. Numof dols. ber of dols. ber of dols. ber NUMERICAL DATA 100 105 115 131 148 162 100 121 158 199 227 274 100 91 104 126 146 178 100 110 115 140 164 196 $7, 973 8,544 9,582 11, 278 12, 806 14, 520 $5, 519 5,801 6,333 7,257 8,174 8,931 681 737 805 920 1,000 1,039 $1, 105 1,341 1, 745 2, 200 2,508 3,026 100 118 140 161 165 169 $450 411 468 566 655 800 $898 991 1, 036 1,255 1,469 1,763 1919 mo. av 1920 mo. av_ 1921 mo. av 1922 mo. av 1923 mo. av 1924 mo. av 210 248 258 293 346 388 100 114 116 128 143 149 180 213 223 252 292 325 322 387 421 492 617 679 213 266 264 316 396 467 234 269 268 284 316 374 16, 705 19, 624 20, 561 23, 344 27, 552 30, 921 $10, 948 12, 473 12, 694 13, 999 15, 638 16, 326 1,545 1,600 1,637 1,694 1,812 1,956 9,958 11, 741 12, 302 13, 934 16, 120 17, 958 1,081 1,111 1,137 1,176 1,263 1,364 3,556 4,270 4,655 5,433 6,820 7,508 171 188 199 212 233 256 957 1, 198 1,195 1,423 1,781 2,103 148 156 159 161 167 176 2,104 2,415 2,409 2,554 2,834 3,355 145 145 142 145 152 160 1933 January February March. April _. _ 242 245 341 298 103 104 144 126 200 203 286 253 446 454 629 530 273 279 394 326 229 223 296 278 19, 265 19,506 27, 158 23, 759 11,312 11, 408 15, 791 13, 744 1,703 1,710 1,720 1,729 11,049 11, 231 15, 780 13, 935 1,160 1,182 1,189 1,193 4,929 5,016 6,950 5,862 212 212 212 212 1,227 1, 257 1,772 1,468 161 162 162 164 2,060 2,002 2,656 2,496 145 145 145 145 May June July.... August 322 323 300 321 135 135 124 132 268 270 254 271 576 587 520 574 364 380 360 383 321 298 284 281 25, 696 25, 785 23, 920 25, 555 14, 776 14, 743 13, 606 14, 460 1,739 1,749 1,758 1,767 14, 799 14, 912 14, 002 14, 964 1,199 1,265 1,210 1,216 6,370 6,485 5,746 6,338 223 223 223 221 1,640 ,711 ,619 ,725 165 165 166 166 2,887 2,677 2,533 2,527 145 146 146 148 September October November December 316 379 369 692 130 154 149 278 268 327 313 591 572 656 679 1,183 371 417 406 795 271 332 308 664 25, 198 30, 193 29, 387 55, 241 14, 188 16, 858 16, 290 30, 484 1,776 1,791 1,804 1,812 14, 775 18, 085 17, 283 32, 630 1,225 1,237 1,255 1,261 6,324 7,246 7,508 13, 070 222 228 233 233 ,668 ,877 ,827 3,579 166 166 166 167 2,431 2,985 2,769 5,962 149 150 151 152 1924 January February March April 265 294 343 297 106 118 136 146 220 243 288 317 494 545 622 667 300 358 408 463 240 261 304 336 21, 096 23, 406 27, 344 29, 725 11, 636 12, 895 14, 918 16,007 1,813 1,815 1,833 1,857 12, 134 13, 431 15, 903 17, 257 1,263 1,271 1,285 1,293 5,457 6,019 6,875 7,370 234 236 235 240 1,352 1,612 1,835 2,085 167 168 168 169 2,153 2,344 2,731 3,013 152 152 155 154 May June. July. August _ 366 341 343 361 143 132 131 138 309 281 289 307 648 586 577 616 436 417 422 458 336 375 245 334 29, 212 27, 210 27, 319 28, 789 15, 689 14, 435 14, 363 15, 089 1,862 1,885 1,902 1,908 17, 075 15, 485 15, 950 16, 927 1,299 1,316 1,328 1,334 7,157 6,478 6,371 6,802 242 242 245 245 1,963 1,877 1,909 2,060 169 170 171 171 3,017 3,370 3,099 3,000 154 157 158 158 September October November December 356 427 418 768 135 161 157 286 299 370 351 635 620 712 747 1,321 423 467 499 953 348 410 382 813 28, 403 34, 046 33, 294 61, 205 14, 801 17, 650 17, 135 31,291 1,919 1,929 1,943 1,958 16, 526 20, 393 19, 371 35, 021 1,345 1,351 1,364 1,364 6,851 7,872 8,252 14, 592 245 247 247 256 1,903 2,102 2,244 4,290 171 172 174 176 3,123 3,679 3,427 7,302 158 159 158 160 257 591 379 311 25, 237 1925 January February March April . 317 14, 204 6,530 1,707 2,796 _ May June. July... August 1 This table is submitted in response to a demand for publication of the figures of sales of the large individual chains, as compiled from published reports in financial papers or reported directly by the companies. Sales data represent the retail sales in dollar values of the ten-cent chains shown, while the annual figures of stores operated represent not an average of stores in operation for the year, but the stores operated at the end of each year. 2 Prior to 1923, monthly figures on stores operated have not been made available for this company, so that the gain in stores during the year has been divided as equally as possible between each month in 1921 and 1922. Monthly data on sales from 1920 appeared in May, 1922, issue (No. 9), p. 111. 12S Table 98.—OTHER CHAIN STORES' [Base year in bold-faced type] United J. C. Cigar Penney Stores Co. Co. YEAR AND MONTH Kelative to 1913 A. Scbulte Inc. (cigars) Owl Drug Co. Relative Relative to 1913 to 1919 J. C. Penney Co. United Cigar Stores Co. Thous. of Number2 Tbous. of Number2 dols. of stores dols. of stores RELATIVE NUMBERS 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average. 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1923 monthly average . 1924 monthly average _. ... 100 135 183 319 564 811 100 101 105 121 145 176 1,092 1,623 1,767 1,857 2,356 2,810 210 269 257 247 254 253 100 2,160 2,696 2,599 2,862 A. Schulte, Inc. (cigars) Thous. of dols. Owl Drug Co. Number Thous. of Number2 of stores dols. of stores 2 NUMERICAL DATA 100 111 112 117 136 174 |220 297 402 701 1,240 1,778 161 183 204 248 282 246 317 350 366 446 447 2/398 3,569 3,887 4,086 5,183 6,183 312 313 371 475 669 6,172 6,637 6,339 6,079 6,272 6,232 260 246 244 340 226 204 210 305 362 421 338 510 4,753 5,932 5,717 6,297 368 371 371 871 6,421 6,074 6,025 8,385 1,273 1,283 1,994 2,026 221 209 255 234 198 189 238 229 377 372 423 383 2,«00 2,823 4,387 4,458 371 372 378 382 6,440 6,158 6,281 5,775 2,287 2,382 1,767 1,950 260 257 241 254 239 246 231 249 412 462 438 448 5,032 5,240 3,888 4,289 381 383 384 429 2,732 3,451 3,271 3,852 260 258 250 355 265 263 250 377 425 520 433 644 6,010 7,592 7,196 8,475 1,576 1,685 2,161 2,705 219 228 250 240 238 246 270 258 441 431 434 '372 2,792 2,558 2, 158 2,398 263 240 233 252 288 263 268 283 3,120 3,832 4,216 4,521 250 264 252 344 284 290 283 408 $325 S60 364 '381 443 566 18 20 22 25 26 29 224 224 224 224 250 255 798 1,030 1,138 1,190 1,446 1,452 32 36 40 43 80 84 2,049 224 224 224 224 1,177 1,368 1,100 1,658 43 43 43 43 2,507 2,487 2,481 2,490 1,331 1,269 1,601 1,539 22B 230 231 238 1,226 1,210 1,374 1,244 72 75 75 74 6,402 6,342 5,929 6,264 2,488 2,501 2,496 2,490 1,608 1,655 1, 555 1,670 241 240 246 246 1,338 1,501 1,423 1,457 74 74 74 74 460 468 472 475 6,419 6,355 6,158 8,739 2,480 2,435 2,433 2,439 1,784 1, 765 1,681 2,531 249 249 249 250 1,381 1,691 1, 408 2,094 77 79 81 80 3,468 3,708 4,755 6,951 473 476 488 497 6,396 6,619 6,164 5,911 2,447 2,436 2,458 2,480 1,597 1,656 1,813 1,737 250 250 250 248 1,432 1,401 1,412 1,210 80 82 84 84 428 428 443 462 6,143 5,627 4,748 5,276 499 500 501 644 6,494 5,914 6,741 6,201 2,497 2,508 2,495 2,529 1,937 1,766 1,800 1,903 247 250 251 254 1,390 1,390 1,439 1,501 85 85 84 84 452 489 397 586 6,863 8,430 9,275 9,947 660 666 669 669 6,151 6,502 6,205 8,490 2,546 2,548 2,563 2,572 1,908 1,949 1,901 254 253 252 255 1,468 1,588 1,289 1,906 86 84 84 84 $2, 465 2,492 2,587 2,985 3,576 4,336 m | $6?2 2,439 2,572 1,084 1,230 1,370 1,666 1,892 1933 September October- _ November December January February March April ... _ .. 1933 _ ....... . May June .... _ July August ..... . .... September _. ... October November December 1,516 1,369 1,412 1934 January February March April. ..... May . June . July August ..... ...... ....... .. . ... . ....... . September October .. November December . '. ...... . .. .. .... 2,742 . 1935 1 788 January 3,934 i \ i i . .. ( i I i This table is submitted in response to a demand for publication of sales information of individual stores, which have been compiled from published reports in financial papers or reported directly by the company to the U. S. Department of Commerce, Bureau of the Census. These sales data represent money values. Data for Jones Brothers Tea Co. from 1920 appeared in December, 1923, issue (No. 28), p. 56. Monthly data for Schulte Cigar Stores from 1921 appeared in June, 1923, issue (No. 22), p. 49, while for the other chains, monthly sales from 1920 were given in May, 1922, issue (No. 9), p. 111. 8 Yearly data represent number of stores in operation at end of the year indicated. 27456°—25t 130 Table 99.—BEPMJTMENT-S^DOBE MIES [Index numbers for base year in bold-faced type] VALUE OF SALES, BY FEDERAL RESERVE BISISICTS YEAE AND MONTH RichCleveSan PhilaTOTAL Atlanta Chicago MinneDallas 2 Francisco Boston New York delphia mond apolis land (359 (24 stores) (63 stores) (22 stores) (54 stores) (23 stores) (35 stores) (63 stores) 23 stores)2 21 stores) (31 stores) stores) 1919 monthly average 1920 monthly pverage 1921 monthly average «.„ 1922 monthly average 1923 monthly average 1924 monthly average 100 113 106 101 111 117 100 119 101 94 104 101 100 123 110 114 132 133 100 112 102 ,105 104 100 120 99 92 98 102 89 118 113 . 166 84 122 119 179 83 120 109 155 104 118 118 164 99 110 105 140 91 114 104 149 108 124 116 181 95 124 120 173 94 89 108 119 86 81 101 118 78 73 97 107 74 73 85 98 90 80 98 116 80 : 71 89 104 75 71 91 87 100 •84 111 .111 90 81 102 113 118 115 78 79 115 114 73 84 117 112 84 93 105 104 72 ' 77 98 86 70 74 : 121 115 86 .96 100 96 :79 ; 90 \ 95 ,89 65 -.68 134 112 97 .120 116 110 80 89 116 137 137 200 107 145 142 200 99 133 153 191 105 132 130 • 190 94 123 126 188 86 114 113 162 ', 118 128 135 191 101 115 108 f 157 j 101 104 105 149 114 138 134 206 107 131 132 188 . 108 92 127 128 110 89 125 123 107 101 133 115 101 96 136 128 87 76 120 104 83 78 105 101 104 96 129 132 88 ' 74 103 HI j 81 73 99 89 115 102 134 124 101 90 124 119 133 136 90 99 130 130 86 90 128 133 82 93 138 137 96 112 115 113 -80 80 109 102 . 77 81 136 138 96 120 109 ' 105 79 96 106 92 67 69 147 128 116 136 128 126 89 100 116 144 146 210 113 181 153 215 104 154 169 203 118 151 141 204 93 136 130 195 92 132 119 168 128 154 148 209 103 125 112 166 102 125 112 158 126 160 146 236 113 148 142 202 120 101 113 137 120 103 118 137 110 111 120 136 109 112 120 145 94 = 88 109 128 85 83 94 107 112 112 123 145 88 77 94 115 -85 • 82 94 101 •132 121 -134 -139 109 102 115 133 132 131 89 86 . 132 127 91 83 124 123 82 85 133 126 94 101 116 118 85 78 104 95 73 72 135 125 99 108 109 89 81 : -89 105 . 95 71 70 . 146 125 116 136 127 120 91 93 115 137 140 215 127 164 153 226 109 144 153 213 117 134 139 207 106 137 137 214 94 120 113 170 133 135 158 219 102 116 111 162 114 126 115 171 130 157 144 238 119 141 141 210 100 116 114 119 127 128 ICO 119 114 116 127 132 100 118 112 114 127 126 98 128 124 188 92 139 131 191 85 126 138 179 100 84 111 127 99 85 110 119 125 124 83 89 100 128 114 114 130 128 99 100 121 116. 121 139 143 100 120 110 -111 =124 125 1921 September October .. » December 1923 February March April . „ - Mav June ... Julv August - - September October _. November . ..« December „._. 1923 January February March..,.. April . Mav June July August _ _ ._ ._ .. September October November December . _ 1924 January February March April May June July August . . . _, September October November December _.__ . 1925 January February March April May June July August _ 1 _ .. _ J .. .. ...... Compiled by the Federal Reserve Board, Division of Research and Statistics. Index numbers are based upon dollar-values and sire-given by Federal Reserve districts* '•In calculating bases, estimates are made for sales of stores in the Minneapolis and Dallas districts for the months of 1919 for which-there are no reports. 131 Table 100.—DEPARTMENT-STORE STOCKS [Index numbers for base year in bold-faced type VALUE OF STOCKS AT END OF MONTH, BY FEDERAL RESERVE B1STKICTS YEAR ASD MONTH Total 314 stores) 2 RichPhilaS»an CleveDallas Fitfineisco Atlanta Chicago MinneBoston N«w¥ork de&pnia mond (22 land apolis (14 stores) (51 stores) stores) (24 stores) (63 stores) (13 (22 stores) $9 stores) (52 stores) (19 stores) stores) 100 126 108 115 122 123 100 136 115 110 125 130 100 119 118 131 150 154 100 139 117 110 125 131 100 134 105 109 121 126 100 134 114 112 119 116 100 152 124 123 147 152 100 119 98 97 1.10 109 100 143 118 109 116 107 100 132 116 118 130 137 100 136 115 116 129 132 113 120 126 107 128 12S 131 109 138 141 144 122 128 130 130 107 121 125 124 97 126 132 129 103 132 139 137 115 114 118 119 99 134 131 134 99 128 129 131 106 126 130 131 108 January February March . April 103 108 115 117 105 109 121 122 112 124 135 136 93 104 115 116 91* 102 112 111 102 111 117 na 108 117 127 126 96 101 108 104 99 107 116 114 111 115 124 126 103 111 120 120 May June July August.. 115 111 108 109 117 110 105 109 131 127 122 130 113 109 104 107 107 104 100 105 112 105 103 109 121 116 114 125 102 98 96 101 110 100 100 111 118 111 112 115 116 110 107 113 September October November ._ December 122 129 135 114 121 125 132 111 141 150 147 124 116 122 126 106 119 130 126 103 118 121 123 101 130 136 138 115 108 112 114 95 118 120 119 94 121 123 128 112 122 128 130 110 January February March April 107 111 120 125 108 112 124 129 118 135 148 153 100 114 124 130 99 113 124 126 105 112 119 121 115 137 149 150 96 105 115 113 97 107 115 119 110 121 128 135 May June July August 124 116 109 115 128 119 113 121 148 143 137 152 127 120 119 124 122 115 113 114 121 113 111 120 145 137 135 158 112 106 103 108 117 110 107 121 130 125 124 131 129 122 119 129 September October November - _ December 129 142 145 123 134 145 147 123 168 176 176 145 135 144 147 120 130 141 142 112 130 134 133 108 162 164 171 140 115 121 121 104 128 131 130 109 138 143 147 123 139 146 149 123 111 115 128 128 113 119 130 135 133 152 162 162 110 126 137 141 104 121 134 134 109 123 125 124 128 144 162 161 97 106 114 112 107 118 126 125 126 131 143 148 115 127 138 140 126 119 116 113 130 122 115 120 152 146 141 144 138 128 119 123 130 122 113 116 121 113 109 109 153 145 142 149 113 106 102 106 120 113 110 121 141 134 132 131 135 127 122 126 125 135 141 120 133 146 147 125 160 171 172 151 136 1-15 145 120 128 143 145 118 118 126 123 96 159 1G9 167 141 115 121 122 99 128 133 131 104 140 147 148 124 137 148 147 124 1919 monthly average 1620 monthly average 1921 monthly average 1922 monthly average . 1923 monthly average 1924 monthly average September October November December - ., 1922 ] ; 1923 1924 January February March _ April ._ __ May June July August September October November December. . i ; 107 118 129 132 1925 January February March April _„_ i May June July August 1 Data 1 compiled by the Federal Reserve Board, Division of Research and Statistics, and are based upon values. Weighted index based upon the number of employees in retail stores as shown by the latest available census data. For details, see Federal Restrn Bulletin for February, 1923. Table 101.—RETAIL SALES » [Base year in bold-faced type] RESTAURANT SALES WalTotal, Childs dorf Syschains CO.* tem, Inc. YEAR AND MONTH INTERNAL-REVENUE TAX COLLECTIONS ON SALES JewCapital Fire- elry, Thea- issues, and arms watch- ter and es, admis- conshells 3 and 4 sions 6 vey- 6 clocks ances Rel. to Rel. to Rel. to 1920 1913 1920 RESTAURANT SALES Capital Total, 2 chains stock Childs transStores Co.* fers 7 oper- Sales ated Number Relative to 1919 2 1919 mo av 1920 mo. av 1921 mo. av 1922 mo. av 1923 mo. av 1924 rno. av 100 99 105 116 116 173 195 257 250 263 273 274 1933 January . February March April 113 103 119 113 NUMERICAL DATA 1 I2JS1.228 440 268 320 363 272 $371 1,188 2,239 1,782 1,566 1,825 1,511 $3, 808 5,408 7,247 6,892 5,603 6,238 4,903 $1, 814 3,578 5,102 4,022 3,257 3,826 2,862 $425 1,018 820 715 823 721 791 1,066 980 1,187 1,133 261 197 281 218 4,285 2, 570 1,352 1,381 6,766 5,877 6,700 6,051 4,831 3,700 3,922 4,145 794 879 876 1,063 1,923 1,841 1,852 2,042 1,153 1,098 1,103 1,136 388 456 622 347 1,467 1,591 1,550 1,546 6,582 6,370 5,141 5,561 4,247 4,124 3,842 3,425 . 758 831 672 484 3,142 3,201 3,006 3,194 2,014 2 040 1,918 2,079 1,128 1,161 1,088 1,115 516 227 502 243 1,162 1,643 1,653 1,700 4,933 7,000 6,849 7,048 3,130 3,565 3,413 3,567 435 515 559 788 215 216 219 219 3,062 2,918 3,062 2,962 1,967 1,827 1,939 1,887 1,095 1, 091 1,123 1,075 147 89 128 158 4,942 2,675 1,360 1,491 7,577 6,739 6,921 7,163 4,173 3,517 3,718 3,850 895 906 770 703 66 53 62 80 221 221 221 221 3,031 2,866 2,940 3,078 1,896 1,820 1,900 2,023 1,135 1,046 1,040 1,055 126 265 321 471 1,500 1,414 1,588 <893 6,572 6,211 6,226 « 3, 198 3,815 3,016 2,405 1,866 674 536 629 814 77 67 65 140 222 219 219 219 3,114 3,176 2,981 3,181 2,034 2,081 1,907 2,057 1,080 1,095 1,074 1,124 425 434 425 290 459 593 484 729 1,577 2,021 2,076 2,554 1,833 2,098 1,976 2,083 788 685 660 1,430 8100 100 100 100 100 104 122 140 137 137 84 100 113 85 187 149 131 152 (•) 134 127 104 115 (8) 142 112 91 107 80 81 70 81 71 78 160 175 189 206 219 268 242 279 265 135 124 143 136 81 61 88 68 358 215 113 115 125 109 124 112 135 103 110 116 78 86 86 104 117 112 113 121 271 259 261 288 146 139 140 144 121 142 194 108 122 133 129 129 122 117 95 103 119 115 107 96 September October November December 120 122 115 122 284 287 270 293 143 147 138 148 161 71 157 76 97 137 138 142 91 129 127 130 1924 January February March April 117 111 117 113 277 257 273 266 139 138 142 136 46 28 40 49 413 223 114 124 May June July August 118 109 112 118 267 256 268 285 144 132 132 134 39 83 100 147 September October November December 119 121 114 122 286 293 269 290 137 139 136 142 133 136 133 91 May June July August ^ 1935 279 JewCapital Fire- elry, Thea- issues, Capita! arms watchter and stock and es, admis- con- transshells a and 4 sions 6 vey-s fers 7 clocks ances Thousands of dollars RELATIVE NUMBERS 1918 mo. av Waldorf System, Inc. INTERNAL-REVENUE TAX COLLECTIONS ON SALES 100 s $320 $3, 618 2, 594 2,744 3, 036 3,031 1,384 ,828 ,774 ,864 ,933 ,945 820 964 1,103 1,086 199 200 201 202 2,971 2,696 3,167 3,016 1,905 1,716 1,980 1,883 74 82 66 48 203 205 208 209 3,076 2,939 2,955 3,178 87 100 95 100 43 51 55 77 209 209 209 214 140 125 128 132 117 98 104 108 88 89 76 69 125 118 133 (") 122 115 115 (<>) 107 84 67 52 (') (9) (9) (9) 00 9 51 59 55 58 () (e) <•) % $790 1,983 April ^ July g 1 Data 2 on restaurant sales from Childs Co. and Waldorf System, Inc.; tax collections from Bureau of Internal Revenue, Treasury Department. The base year, 1913, showed a monthly average of $710,000; monthly averages for intervening years may be found in the October issue (No. 26), pages 08 and 59, where monthly data since'1920'on restaurant sales are shown. . . . ..«,„ ,™-, ., -,™, -^ ^- i *,.• .* x 2 Taxable at 10 per cent of selling price, excluding sales to Federal Government or political subdivisions. (Acts of 1918,1921, and 1924 identical on this item.) 4 Taxable at 5 per cent on selling price of both real and imitation jewelry. Acts of 1918 and 1921 were identical on this item; but the Revenue Act of 1924 exempts torn tax all articles not m excess of $30 and watches not in excess of $60, and therefore figures beginning August, 1924 (referring to July taxes), are not strictly comparable with previous figures, 6 Includes caba for admisi of 1924 providTd^fortffe^sVmTrate as'th^two^ec^nV^acTsTut exempted" all admission charges of'50 cents or less. Thus the data beginning August, 1924, and referring to July taxes, can not be compared with the preceding months, which are carried forward for their historical value. Monthly data from 1920 are given m January, 1923, 1SSU Sue^'o/bonds of indebtedness, including renewals taxable at 5 cents per $100 or fraction thereof; capital stock issues taxable at same rate, except where certifi- value of any lien or encumbrance on the property. , .,. . ,_ . , 7 All sales or agreements to sell capital stock are taxable at 2 cents per $100 share or fraction thereof, or where shares are without par value, at 2 cents per share. /TT (Under the Revenue Act of 1918 transfers of no-par stock with actual value in excess of $100 were taxed at 2 cents per share of $100 actual value or fraction thereof.) « Six months' average, July to December, inclusive. • Comparable data not available. 133 Table 102.—COST OF LIVING [Base year In bold-faced type] FOOD YEAR AND MONTH SHEL- CLOTH- FUEL ALL SUNAND TER ING LIGHT DRIES ITEMS Index numbers compiled by National Industrial Conference Board relative to July, 1914 1 1913, average 1914, one month 3 1915, one month 3 1916, one month 3 „. 1917, one month 3 1918, December 1918, average for 2 months 1919, av. 2 mos. (June, Dec.) 1919, average 3 months 1920, monthly average 1920, av. 2 mos. (June, Dec.)... 1921, monthly average 1921, av. 3 mos. (May, Sept., Dec.) 1922, monthly average 4 1923, monthly average* 1924, monthly average * 100 100 100 100 111 100 102 103 120 102 104 100 104 100 101 109 146 105 143 126 117 131 173 118 185 138 152 159 100 100 186 205 129 154 205 261 144 168 184 185 172 198 156 169 166 183 184 167 142 146 146 166 173 184 155 170 175 179 180 169 173 173 174 157 161 164 May June July August 143 144 147 116 172 172 175 175 174 169 170 171 178 178 176 176 173 173 173 173 160 160 162 162 September October _ ._ November December . 149 150 151 150 175 180 180 175 176 174 175 176 178 176 176 173 173 174 174 163 164 165 165 FURNITURE MISFUEL AND HOUS- AND HOUSE FOOD CLOTHCELLA- TOTAL ING ING LIGHT FUR- NEOUS NISHINGS Index numbers compiled by U. S. Department of Labor relative to 1613 2 100.0 105.0 105.0 126.0 100.0 101.0 104.7 120.0 100.0 100.0 101.6 102.3 100.0 101.0 101.0 108.4 100.0 104.0 110.6 127.8 100.0 103.0 107.4 113.3 100.0 103.0 105.1 118.2 157.0 187.0 149.1 205.3 100.1 109.2 124.1 147.9 150.6 213.6 140.5 165.8 142.4 174.4 195.5 241.6 119.8 151.2 244.3 181.7 188.3 198.5 223.0 143.0 183.4 289.6 204.8 208.6 149.3 141.5 146,5 146.1 199.7 172.7 175.5 173.5 160.0 161.2 164.2 167.8 181.1 180.1 183.0 179.9 230.1 205.1 221.1 217.1 207.8 201.6 200.8 201.3 177.3 167.3 170.9 170.7 144.3 174.9 163.4 180.6 222.2 200.3 169.7 149.3 176.5 164.4 181.3 222.4 201.1 172.1 150.3 176.3 166.5 184.0 222.4 201.7 173.2 143.7 175.9 167.0 182.2 221.3 201.1 170.4 142.4 174.2 168.0 177.7 216.0 201.1 169.1 146.8 172.5 167.8 179.1 214.9 201.1 170.6 151.6 171.3 168.2 180.6 216.0 201.7 172.5 1933 r 175 1934 January February March April 149 147 144 141 180 180 185 185 176 177 176 177 175 175 172 168 174 174 174 174 165 164 163 162 May June July August 141 142 143 144 185 185 186 186 176 174 171 176 165 165 166 166 174 174 173 173 161 162 162 163 September October November December 147 149 150 152 185 185 184 184 174 177 173 173 166 167 168 169 173 173 175 175 164 165 165 166 1925 February __ March April May July__ August * Index numbers up to March, 1922, represent retail prices on the first day of the month, except food, which is the retail food index of the U. S. Department of Labor, Bureau of Labor Statistics, for the 15th of the preceding month. Beginning with March, 1922, all prices shown are as of the 15th of the month indicated. The index is weighted according to the estimated consumption of average wage earners before the war, on the following basis: Food 43.1 per cent, shelter 17.7 per cent, clothing 13.2 per cent,2 fuel and light 5.6 per cent, sundries 20.4 per cent. Index numbers represent averages for the month in 32 cities; food prices reported by 15 to 25 dealers in each city, fuel and light by 10 to 15 firms, including public utilities, in each city; other quotations secured directly from records. Rentals are based on 250 to 950 houses and apartments in each city, and for each item of clothing, furniture, and miscellaneous, four quotations are secured in each city (five in New York City). The index is weighted on the following basis: Food 38.2 per cent, clothing 16.6 per cent,3 housing 13.4 per cent, fuel and light 5.3 per cent, furniture and furnishings 5.1 per cent, miscellaneous 21.3 per cent. Figures for National Industrial Conference Board index are for July; those of Department of Labor index are for December. 4 Quarterly average for Department of Labor index. 134 Table 103.—PRICE INDEXES [Base year in bold-faced type] WHOLESALE PRICES » FARM PRICES » AgriAH £>rocul- Animal Forest Mineral Total Conraw dueers' eoansumers' tural prod- prod- prod- prodmodiJ 3 ucts prod- ucts j ucts tiai ucts goods goods ucts YEAR AND MONTH 21 quotations 11 quotations 21 quotations 35 quotations 88 quotations 199 quotations 117 quotations Grain ' 404 1 6 quota- quotations tions Index numbers relative to 1913 1909-14 monthly av 1913 monthly average. . 19 14 monthly average.. 1915 monthly average.. 19T8 monthly -average.. 1917 monthly average.. 100 102 112 130 211 100 103 08 100 «2 97 188 191 100 99 1-01 126 187 10® 174 10® 92 90 102 135 119 : 92 97 143 184 100 98 101 127 177 «jjta- Meat animals »alry and Cotton fJapouland try cotton- cFassIfled prod- seed nets All groups 9 quotations 5 quotations 4 quotations 31 quotations 2 quotations 5 quotations Index numbers relative to 1909-1914 average j 1OO 101 102 119 163 Fruits and 100 92 103 120 126 217 100 92 ; 100 83 123 202 100 108 i 112 104 120 173 100 100 101 89 108 133 100 97 85 78 119 187 100 $4 95 t>5 100 130 100 100 102 100 117 176 19.18 monthly .average.. 1919 monthly average. . 1820 monthly average— 1921. monthly average. . 1 922 monthly average. . 1023 monthly average.. 1024 monthly average.. 243 .250 255 134 145 168 174 203 221 186 110 125 122 120 157 2U 312 186 185 211 186 181 ISO 236 185 208 186 170 205 218 229 142 159 159 154 181 179 214 135 128 141 133 191 211 231 159 151 156, 156 194 206 226 147 149 154 150 226 231 231 112 105 114 129 ' 162 189 249 148 152 136 125 202 206 173 108 113 106 109 180 182 197 151 135 142 127 245 247 248 101 156 21S 211 157 162 152 90 94 109 91 200 209 205 IIS 124 134 132 1933 January February . _ .. March..,., April 164 170 174 172 125 123 123 123 215 220 227 232 213 207 202 198 168 167 It57 186 138 141 148 150 155 155 156 157 156 157 159 159 113 114 117 121 117 122 130 146 110 110 110 110 157 151 144 139 203 215 224 222 104 108 101 134 136 136 137 167 165 154 152 122 119 120 125 226 215 209 203 189 184 179 177 161 158 153 153 148 144 141 137 156 155 154 154 156 153 151 150 123 119 112 109 157 161 165 151 188 103 105 104 136 135 133 138 211 207 199 190 102 107 99 101 135 133 •ISO 128 163 172 179 181 131 122 115 115 195 197 196 191 176 171 165 165 158 15-5 153 139 139 138 136 158 159 159 158 154 153 152 151 111 113 110 108 131 123 114 114 112 106 100 98 130 141 151 152 204 221 238 253 100 94 86 98 130 132 133 135 January February.- , . ..' _ . M-irch April 182 176 165 166 115 116 118 119 194 195 194 195 170 177 179 174 155 156 154 154 136 139 137 135 156 154 153 151 151 152 150 148 110 113 114 113 118 123 128128 101 102 104 106 140 138 123 114 255 247 219 226 99 98 99 98 134 134 128 128 : Mav June Julv August 168 165 176 195 115 109 114 123 195 182 175 175 171 168 167 166 i | 152 147 152 154 135 130 130 131 150 151 153 156 147 145 147 150 114 116 130 141 132 146 142 138 107 105 103 116 111 111 111 112 222 219 215 •219 ft* 95 101 103 127 128 130 137 164 172 176 186 123 130 124 129 180 181 182 187 166 165 166 169 152 156 155 161 ISO 129 131' 132 158 161 163 167 149 152 153 157 140 150 147 155 113 109 108 110 115 121 115 113 121 130 150 158 175 182 179 176 100 102 106 102 129 186 137 139 172 122 123 154 182 94 146 Mav Juno July Aligns t _ Peptember... ... October jNovepib^r [December Ia4 ie& 1334 ._ Seotembflr October .._ 'November December 1 1925 i February.. March April May Jims Julv August ... 1 ! | ! j ii : . . ll '! ; .... 1 First eight columns -give the revised wholesale price index numbers of the U. S. Ztepartmtnt-ef Labor S&vti&tics, as <reelassified by the Ftder^l Mewm Board into the groupings as shown. The weights are the same as those used by the Bureau of Labor Statistics and the total of all commodities is -therefore the same as t^e revised Department of 8Labor index. Monthly data from 1920 appeared in October, 1922, issue (No. 14), p. 45. These indexes of farm prices, compiled by the Department of Agriculture, Emwu of Agricultm&l Economies, supplaiat the two series, tonaerly published im the STIBVEY applies to those products which are essentially still in the raw state or semifinished condition requiring additional manufacture. 135 Table 'PB9GES [Base year in bold-faced type] COMPILED BY U. S. DEPARTMENT 10F X A5H>R, (Revised) 1 " Farm products RETAIL BUN'S 3 BRADSTREET'S s FOOD (1st of (1st of PRICES month) ! 2 month) () Metal Build- Chemi- House All Cloths : Fuel and ing and Miseel-: comand cals and "fttrrtishmodicloth- lighting metal mateiiig taneous proddrugs good* ties ing ucts i rials ^Feod, etc. YEAS AND MONTH ^404 :; 32 43 i 25 96 95 65 20 ,22 300 1 56 37 \ 31 commodi- commodi- commodi- commodi- commodif- commodi- commodi-i commodi- cominodi- commodi- commodi- commodi- commodi' ties ties ties ties ties -ties ties . ties ties ties ties ties • ties •Index aumfeers relative to 1-913 1913 mo. average 1914- mo. average 1915* mo. average * 19 16- mo. average 1917'mo. aver&**e '1918 mo. average _^ _. '1910 mo. average 1920 rno. average • 1921- mo. average ' lD22~mo. average "1923 mo. average 1*924 mo .* a v erage *. 100 103 104 123 190 218 400 102 ' 5105 ' 121 ! '167 .188 100 98 ' 98 127 175 228 , 100 100 85 99 162 231 187 100 100 92 94 120 157 172 100 101 134 181 202 215 100 93 88 126 169 170 100 100 108 125 153 95 §5 121 148 156 231 218 124 133 141 143 £07 220 ;144 138 144 144 253 295 180 181 200 191 '". < - 181 241 199 218 185 170 162 192 129 122 144 135 201 264 165 168 .189 175 169 200 136 124 131 ,130 184 254 195 176 183 ,173 •175 128 117 123 117 . 208 226 147 149 1S4 ,150 143 142 143 141 141 141 1-96 199 201 205 218 212 206 200 133 139 119 154 188 192 198 204 131 132 135 136 184 184 185 187 124 128 127 126 201 ' 198 193 193 190 186 183 178 152 .118 145 145 202 194 190 186 134 131 128 127 187 187 187 1S3 '" 100 101 165 123 199 190 100 97 ! 107 ; 128 170 203 186 203 153 142 148 ; 148 191 207 141 142 157 157 203 204 123 ! 132 145 140 156 1-57 159 159 144 142 142 143 153 154 ,158 160 149 149 151 151 125 123 121 120 158 163 151 150 143 144 147 146 im 158 .156 154 M8 145 142 139 m 100 102 101 114 146 168 100 98 101 127 177 194 £19S3 January • February March April . May June July August .. .. „_., ,_- Sept-ember October November __ December 143 144 139 188 135 139 ;142 •141 142 144 144 146 145 •148 : 148 147 202 '' 169 201 203 176 172 167 182 144 142 141 142 182 182 181 178 128 129 130 130 1S3 183 176 170 121 ISO 118 115 154 153 152 151 149 150 .151 150 ,155 ,158 .158 158 140 142 143 146 144 143 137 139 143 1143 141 137 200 196 191 189 169 180 181 179 142 143 144 139 181 ;182 182 182 132 131 130 128 176 176 175 175 117 113 113 113 151 152 150 148 ,149 147 144 141 157 158 .158 ,. 154 144 143 140 137 136 134 141 145 137 136 139 144 ; 187 : 187 5 188 ; 100 177 175 173 170 134 132 130 130 180 173 169 169 127 127 127 130 173 172 171 171 112 111 112 115 147 145 147 150 141 142 143 144 153 152 ,. 153 155 138 133 133 137 143 149 ISO 157 148 152 ' 154 158 187 188 > 190 191 168 162 163 165 128 127 129 133 171 171 172 175 131 132 134 135 !171 171 172 172 116 120 123 129 149 t!52 153 157 147 149 150 152 156 158 160 164 139 141 145 147 163 • 160 191 .168 ,136 179 135 173 127 180 154 167 169 151 151 114 : 147 1924: January February March April May June July August _. _., - September October November December - - .. _ ._ _ 1935 January . February , . . April May June July August . 1 "i " The revised wholesale price index number of the U. 8. Department of Labor, Bureau of Labor Statistics, is based on quotations of 404 commodities. These commodities are arranged in 9 groups as given in the table. In computing this index, the price of each commodity is weighted by multiplying it by the estimated quantity of that article marketed in the census year 1919. For comparable yearly data for the period 1890 to 1921, see the Monthly Labor Review for September, 1922, p. 46; and for comparable monthly data for period 1913 to 1922, see the Monthly Labor Review for July, 1922, p. 60. 2 The retail food price index compiled by the U. S. Department of Labor, Bureau of Labor Statistics, represents the changes in the price of 22 articles of food as reported by retail dealers in 51 of the largest cities as of the 15th of the month. Monthly data from 1920 appeared fn July, 1922, issue (No. 11), p. '41. 3 Dun's and Bradstreet's index numbers are calculated as of the first of each month, but really refer to prices in the preceding month; the index numbers have been calculated to a 1913 base from the actual figures as published in these journals. Bradstreet's index is the sum of prices per pound of the commodities, while Dun's is weighted by the amount "annually consumed by each inhabitant." Monthly data of Bradstreet's index from 1913 appeared in July, 1823, issue, (No. 23), p. 45. 136 Table 105.—LIFE INSURANCE ' [Relative numbers for base year in bold-faced type; numerical data on opposite page] PREMIUM COLLECTIONS (new and renewals) NEW BUSINESS Ordinary Industrial Group Total Ordinary Industrial Group Total YEAR AND MONTH Number of Value policies Number of policies Value Number of contracts Value Number of policies and contracts Value Value Eelative to 1913 1913 monthly average 1914 monthly average 1915 monthly average __..„. 1916 monthly average 1917 monthly average 1918 monthly avp,ragft 1919 1920 1921 1922 1923 1924 monthly monthly monthly monthly monthly monthly average average average average average average 100 100 99 105 120 146 140 100 97 102 127 149 155 100 108 113 109 109 114 100 106 112 113 118 127 100 219 227 378 857 1,186 100 106 111 111 114 118 100 100 100 100 106 125 147 167 100 104 108 117 130 140 100 120 220 620 1,620 1,420 107 115 123 134 147 144 269 397 856 1,489 105 110 119 131 143 226 259 208 210 246 245 271 330 273 299 359 380 122 132 145 153 174 185 150 179 202 228 276 315 3,280 3,800 1,180 1,920 3,180 2,640 2,044 2,044 535 1,327 2,498 2,870 141 154 156 163 187 196 254 305 257 289 356 385 165 194 209 229 256 283 168 189 210 239 279 317 2,753 4,161 4,292 4,503 5,811 7,272 168 196 212 234 265 296 200 214 223 251 299 310 404 363 144 145 176 250 217 221 266 401 1,980 1,920 2,620 2,180 1,050 929 1,440 2,021 154 157 194 250 284 292 376 388 241 240 279 259 260 239 266 259 5,697 7,031 5,186 5,658 249 245 280 263 264 275 243 230 390 402 355 338 210 182 160 149 313 284 256 245 2,620 9, 120 1,980 1,500 2,635 3,164 1,243 1,266 219 199 175 163 389 395 336 322 263 257 250 247 254 271 268 269 4,675 4,919 5,361 5,347 264 263 258 255 221 240 246 299 307 342 359 437 146 176 173 179 241 293 283 295 980 1,540 1,760 9,760 1,232 666 1,085 13, 339 160 187 186 200 298 331 346 513 218 252 255 308 254 285 271 453 4,708 6,039 6,514 8,592 229 263 263 345 216 231 293 249 343 352 443 405 202 171 183 186 346 277 302 305 2,040 1,780 2,420 2,240 1,102 888 2,018 2,550 204 181 202 197 351 337 420 398 272 278 286 291 277 280 304 271 7,594 7,139 4,678 7,069 279 283 293 291 279 238 235 218 418 400 374 338 200 177 157 160 334 298 260 273 2,220 1,980 2,280 1,420 2,016 1,240 1,805 1,322 213 188 170 170 410 380 357 329 294 277 290 255 306 304 285 302 6,764 6,336 7,997 6,497 302 287 295 270 199 227 270 287 304 350 366 471 162 219 169 238 279 382 290 435 1,500 1,740 2,640 9,440 1,116 7,554 2,225 10,607 168 220 186 247 305 422 362 551 244 280 266 364 314 310 297 553 5,967 8,403 7,203 11, 628 263 293 278 413 222 375 163 284 3,560 3,972 173 382 300 339 11, 586 317 1933 January February March April May June July August . September October November December ..... ... .. . . 1934 January February March April. ... May June July August - __. October December 1935 1 h Anril May., Juns July . Bee footnotes on opposite page. 137 Table 106.—LIFE INSURANCE' [Base year in bold-faced type: relative numbers on opposite page] PREMIUM COLLECTIONS (new and renewal) NEW BUSINESS Ordinary Industrial Group Ordinary Industrial Total YEAR AND MONTH Thousands Thouof sands of poli- dollars cies ThouNum- Number of Thousands ThouThou- sands ber of of certifi- sands of policies sands of policies of 2 conand certifiand cates dollars dollars tracts concates 2 tracts Group Total Thousands of policies Thousands of dollars 1913 monthly average. _. 1914 monthly average. __ 1915 monthly average... 1916 monthly average. _. 1917 monthly average. .. 1918 monthly average,. _ 80 79 84 96 117 112 $143, 470 138, 519 146, 878 181, 569 213, 193 221, 940 380 410 429 415 414 433 $51, $09 55, 217 58, 128 58, 645 61, 484 66, 099 5 6 11 31 81 71 $1, 736 ' 3, 795 3,941 6,565 14, 873 20, 582 460 489 512 511 526 545 $197, 115 197, 531 208, 946 246, 780 289, 550 308, 621 $38, 953 40, 506 42, 262 45, 721 50, 485 54, 579 $10, 778 11, 580 12, 421 13, 280 14, 440 15, 807 $30 52 97 143 308 536 $49, 767 52, 138 54, 780 59, 144 65, 233 70, 922 1919 1920 1921 1922 1923 1924 181 207 166 168 197 196 388, 260 473, 417 392, 315 429, 113 514, 884 545, 633 465 500 650 582 662 704 77, 901 93, 044 104, 813 118, 234 143, 338 163, 629 164 190 59 96 159 132 35, 487 35, 490 9,281 23, 043 43, 357 49, 827 647 707 716 750 860 900 501, 648 601, 950 506, 410 570, 389 701, 579 759, 089 64, 348 75, 462 81, 424 89, 242 99, 631 110, 287 18,088 20, 342 22, 587 25, 751 30, 057 34, 178 991 1,498 1,545 1,621 2,092 2,618 83, 427 97, 302 105, 556 116, 614 131, 779 147, 083 1933 January February March April 160 171 223 201 428, 441 444, 463 578, 986 521, 499 547 551 '669 950 112, 678 114, 758 137, 853 208, 105 99 96 131 109 18, 223 16, 126 25, 005 35, 089 708 722 893 1,152 559, 342 575, 347 741, 844 764, 693 93, 945 93, 534 108, 752 101, 031 28, 002 25, 706 26, 640 27, 869 2,051 2,531 1,867 2,037 123, 997 121, 771 139, 260 130, 938 May June July August 211 220 194 184 559, 389 577, 208 508, 757 485, 448 797 693 609 567 162, 326 147, 444 132, 798 127, 090 131 456 99 75 45, 738 54, 931 21, 570 21,980 1,008 914 803 751 767, 453 779, 583 663, 125 634, 517 102, 252 100, 182 97, 406 96, 209 27, 339 29, 169 28, 877 29, 006 1,683 1,771 1,930 1,925 131, 275 131,122 128, 213 127, 140 September October November December 177 192 197 239 440, 968 490, 360 515, 700 627, 385 556 668 657 682 124, 905 152, 061 146, 882 153, 154 49 77 88 488 21,391 9,828 18, 838 231, 568 734 860 854 % 921 587, 264 652, 249 681, 420 1, 012, 108 84, 838 98, 241 99, 377 119, 800 27, 378 30, 697 29, 195 48, 803 1,695 2, 174 2,345 3,093 113,911 131, 112 130, 917 171, 697 1924 January February March. _ April 173 185 234 199 492, 559 504, 553 635, 192 580, 949 767 649 694 705 179, 656 143, 762 156, 792 158, 557 102 89 121 112 16,415 10, 650 20, 489 24, 758 19, 127 15, 421 35,040 44,269 940 834 928 905 956 845 948 946 691, 341 663, 736 827, 024 783, 775 106, 045 108, 162 111,422 113,205 29, 867 30, 200 32, 814 29, 235 2,734 2,570 1,684 2,545 138, 646 140, 932 145, 920 144, 985 May __ June July August 223 190 188 174 600, 324 573, 508 536/897 484, 966 761 674 596 610 173, 629 154, 495 1353 015 141, 525 111 99 114 71 20, 006 13, 217 17, 878 14, 828 35,002 1 21,519 i 31,343 22,949 ; 984 864 784 784 1,004 896 801 798 808, 955 749, 521 703, 255 649, 439 114,686 107, 888 113,019 99, 417 32, 963 32, 744 30, 758 32, 530 2,435 2,281 2,879 2, 339 150, 084 142, 913 146, 656 134, 286 September October November _ December 159 182 216 230 436, 618 501, 459 524, 384 676, 188 615 831 641 903 145, 052 198, 461 150, 718 225,892 75 87 132 472 13, 906 70, 805 25, 771 109, 080 19,369 i 131, 134 i 38,624 184, 130 774 1,012 857 1,134 788 601, 038 1,083 831, 054 883 713, 726 1,242 1, 086, 210 95, 049 109, 188 103, 731 141,633 33,811 33, 405 32, 190 59, 616 2, 148 3,025 ! 2,593 4,186 131, 008 145, 617 138, 515 205, 434 178 537,504 618 147,441 178 47, 477 68,969 753, 914 116, 835 36, 550 4,171 157, 556 Thousands of dollars ! monthly average. .. monthly average. .. monthly average... monthly average. ._ monthly average... monthly average... . . .. __ 1935 January February March April _._ _ 29,817 797 932 844 May June July August i 1 Compiled by the Association of Life Insurance Presidents. The data on new business represent only new business that has been paid for, exclusive of revivals, increases and dividend additions. Premium collections show the amount of money actually invested in life insurance each month, and include total premium collections, new and renewal, and considerations for annuities and for supplementary contracts involving and not involving life contingencies. The 45 companies whose figures are included in this table had in force 81 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31, 1923. Complete monthly data from 1922 were given in September, 1924, issue (No. 37), p. 37. Data given in previous issues cover a smaller number of companies. 2 This column, by adding together the number of policies issued for ordinary and industrial insurance and the number of certificates issued under group insurance contracts, indicates the trend in number of persons covered by new insurance, but does not show the exact number of persons covered, since one person may have several policies of ordinary insurance and in addition hold a certificate under a group contract. 138 Table 107.—LIFE INSURANCE SALES BY DISTRICTS1 [Base year In bold-faced type] Western Western United Eastern Far SouthManuStates, ManuWestern ern factur- factur- Agricultural total ing ing Eastern Manufacturing United States, total Western Manufacturing Western Agricultural Souther n. Far Western YEAR AND MONTH Relative to 1921 Thousands of dollars RELATIVE NUMBERS NUMERICAL DATA 100 108 129 138 100 100 109 134 141 100 97 112 112 100 113 135 153 108 127 128 109 133 • 142 $435,092 459, 292 549, 296 584, 871 $154, 331 174, 242 208, 526 235,584 $90, 153 98, 380 121, 194 127, 321 $81,074 78, 899 90,912 91,008 $57, 145 61, 645 72,403 73, 954 $42,400 46, 126 56,261 60,005 93 108 110 130 92 114 114 131 94 112 111 125 87 94 99 120 100 105 105 145 97 113 118 134 396, 610 460, 794 466, 694 553, 333 142. 525 175, 691 176, 668 202, 833 85, 067 100, 656 99, 696 112,949 70, 571 76, 436 80, 334 97, 429 57, 315 60, 058 60, 027 83, 133 41, 132 47, 953 49, 969 56, 989 no 114 140 133 125 129 150 141 108 115 147 137 94 97 116 114 101 106 143 134 103 103 128 135 466, 880 485, 930 593, 213 566, 844 192, 326 199, 830 230, 748 217, 276 97, 694 103, 825 132, 473 123, 675 75, 906 78, 441 63, 835 92, 366 57, 485 60, 334 81, 798 76, 410 43, -169 43, 500 54, 359 57, 117 May June July August 147 139 126 127 159 142 124 129 148 144 132 135 129 122 115 109 143 143 122 120 146 143 142 142 625, 957 590, 460 534, 075 538, 043 244, 865 219, 359 191, 717 199, 159 132, 998 130, 081 119,248 121, 745 104, 387 98,602 92, 920 88, 466 81, 780 81, 792 69, 925 68, 431 61,927 60, 626 60, 265 60, 242 September October November December- 112 131 129 144 114 138 138 134. 115 141 138 152 101 1!2 107 132 112 122 121 155 122 129 131 169 475, 957 5.54, 773 548, 669 610, 751 175,511 212, 757 212, 548 206, 217 103, 573 127, 070 124,472 137, 473 81, 569 90, 734 86, 698 107, 019 63, 742 69, 436 69, 368 88, 340 51, 562 54, 776 55, 583 71, 702 1921 January . February March A pril 127 129 157 156 154 147 179 178 125 134 165 159 93 100 119 122 105 110 143 143 122 130 152 153 538, 601 546, 521 667, 577 662,591 238, 057 226, 893 275, 970 274, 522 113, 109 120, 674 148, 620 142, 996 75, 689 80, 796 96, 836 98, 652 60, 148 62, 891 81, 871 81, 478 51, 598 55, 267 64, 280 64, 943 Mav__ June July August . 150 121 139 120 164 135 150 123 155 126 139 124 123 90 120 101 138 127 128 119 160 112 149 133 638, 768 515,271 591, 346 508, 389 252, 343 208, 688 232? 179 189, 574 139, 517 113, 596 125, 260 112,012 99, 914 73, 178 97, 648 82, 024 78, 975 72, 375 73, 245 68, 203 68, 019 47, 434 63, 014 56, 576 115 135 128 175 117" 145 142 182 118 138 128 184 104 115 110 149 110 121 315 173 128 142 333 183 487, 944 572, 184 545, 152 744, 111 ISO, 485 224, 325 218,834 281, 134 106, 181 124,, 841 115,577 165, 469 84, 217 93, 489 88, 871 120,784 62, 616 69, 226 65, 490 98, 928 54, 445 60, 303 56, 380 77, 796 1921 monthly average.--. 1922 monthly average 1923 monthly average 1 924 in on t hi y average _ 19S2 September October -- _ _ November December 1923 Jiinu:iry February March.... April .. _ September October < November, December ._ ! | i .... | 1925 i January February March April May.. . _ June.,, Julv August, J _ i J f i ir — ~~ ~ 1 .__. ! i ; i •i i ; i I ( j ii M Represents data on ordinary life insurance only (thus excluding industrial and group insurance) compiled by the Life Insurance Sales Research Bureau from 81 insurance 139 Table 108.—ADMITTED LIFE INSURANCE ASSETS MORTGAGE LOANS Grand total YEAR AND MONTH Farm Total BONDS AND STOCKS (BOOK VALUES) AH other Total Government Air Public utilities Railroad otlier Policy loans and I premium notes Other admitted assets Thousands of dollars 19°3 monthly average 1924 monthly average $7, 409, 026 8,090,752 $2, 693, 898 3,138,355 $1, 260, 551 1,404,583 $1, 432, 347 1, 733, 792 7, 090, 879 2, 451, 940 1,148,995 7, 11.1, 175 7, 195, 743 7, 251, 002 7, 301, 446 2, 479, 912 2, 512, 920 2, 557, 009 2,. 595, 150 7, 329, 484 7,369,627 7,428 r 776 7, 469, 847 2, 634, 974 2r 675, 175 2,724,583 2, 759, 963 $3, 327, 431 3,428,087 $1, 219, 049 1,119,040 $1,750,104 1, 849, 185 $281, 179 305, 054 $77, 100 94, 808 $927, 927 919, 786 $450, 770 529, 583 1, 302, 941 3, 286, 269 1,269,645 I, 694, 552 250,622 71,449 901,, 108 457, 562 1, 158, 374 1, 172, 832 1, 206, 143 1, 228, 649 1, 321, 540 1,340,089 1,.350? 866 1, 366, 501 3, 278, 464 3,314,761 3, 321, 168 3, 307, 243 1, 243, 282 1, 266, 891 1, 260, 837 1, 231, 157 1, 702, 244 1, 709, 970 1, 719, 120 1, 731, 299 259, 807 265, 191 268, 496 271, 886 73, 131 72, 708 72, 715 72,900 904, 829 907, 768 912, 121 913, 437 447, 971 460,293 i 460, 703 485, 616 1, 251, 101 1, 265, 781 1,280,932 1, 291, 247 1,383,873 1,409,394 1,443,651 1, 468, 716- 3, 315, 521 3, 327, 268 3, 334, 542 3, 330, 010 I, 222, 107 1, 217, 868 1, 214, 750 1, 201, 456 1, 745, 748 1, 754, 150 1,758,073 1, 765,.016 274, 344 281, 169 282, 477 284, 639 73, 325 74, 082 79, 242 78, 900 919, 3.62 924, 263 930, 009 935, 557 459» 627 442, 920 439, 642 444,317 1 80, 991 80, 991 80, 948 85, 264 939, 149 946, 070 949, 467 1153,092 456, 615 464, 244 471, 321 483, 966 959, 708 965, 624 971, 942 980, 549 508,271 ; 505,818 i 518, 718 518, 760 1 19S3 December January February March Aipril 1933 _ _ _ Mav June _ Julv August __ September October November December _ __ : 7, 521, 771 7, 582, 850 7, 640, 560 7, 706, 029 2, 789, 103 2, 829, 043 2; 866, 189 2, 902, 756 1, 301, 962 1, 311, 725 1, 322, 409 1, 335, 4(32 1, 4B7, 141 1, 517, 319= 1, 543, 779 1,567,294 3, 336, 905 3, 343, 493 3, 353, 584 3, 366, 215 1, 199, 898 1, 194, 699 1, 191, 598 1, 184, 049 1, 768, 629 1, 774, 979 1, 780, 224 1, 791, 792 : 287, 387 292, 824 300, 815 305, 110 7, 771, 975 7, 822, 822 7, 877, 333 7,936,150 2, 941, 129 2, 975, 080 3, 008, 658 3, 048, 789 1,346,234 1, 356, 807 1, 370, 444 1, 382, 305 1, 594, 895: 1, 618, 273 1, 638, 214 1, 666, 484 3, 362, 867 3, 376, 299 3, 378, 016 3, 388, 053 1, 179, 705 1,171,813 1, 155, 233 1, 138, 215 1, 782, 755 ; 1, 787, 348' 1, 800, 084 1, 812, 890 311, 923 327, 380 333, 276 345, 223 88. 484 89, 758 89, 422 91, 726 7, 993, 907 8, 045, 610 8, 114. 507 8, 163, 593 3, 084, 481 3; 120, 322 3; 161, 547 3, 194, 642 1, 393, 889 1, 395, 907 1,416,196 1, 424, 661 1, 690, 592 1, 724, 415 1, 745, 351 1,769,981 3, 403, 134 3,413,112 3, 424, 196 3, 439, 642 1, 123, 527 1, 111, 194 1, 102, 807 1, 097, 683 1, 832, 596 1, 845, 016 1, 855, 216 I, 868, 944 ; 353,, 820 360, 366 369, 533 375, 858 93, 191 987, 020 995, 547 96, 536 96, 640 - 1,003,556 97, 158 1, 006, 516 8, 230, 657 8, 297, 131 8, 359, 287 8, 476, 050 3, 226, 816 3,263,304 3, 297, 836 3, 337,, 657 1, 432, 779 1,439,189 1 , 444, 379 1,451,982 1, 794, 037 1,824,115 1, 853, 457 1, 835, 695 3,452,610 3, 469, 240 3, 496, 268 3,533,607 1, 091, 850 1, 085, 000 1, 085, 092 1,086,358 1,882,. 867 1,898, 901 1,908,653 1,914,949 j ! : 1924 January February March. \pril _ „ _ Mav Juno July. August . September October November December __. 380- 693 387, 535 404, 940 430, 100 97, 201 97, 804 97, 583 102, 199 1, 012, 316 1, 016, 552 1, 018, 197 1,019,900 519, 282 516, 630 525,897 522, 792 538,915 548, 034 i 546,987 [ 584, £97 1935 January February March April May June July August _ " " | ' « ~ ; i I! 1 Compiled by the Association of Life Insurance Presidents from special reports of 41 companies having 82 per cent of the total admitted life insurance assets of United States legal reserve companies; the data are given, as of the end of each month and are designed to show the fluctuations in the character of investments of life insurance companies. Admitted assets embrace all assets permitted by statute to be included for testing-the solvency of the companies; in the column "other admitted assets" are included real estate, collateral loans, cash, bills receivable,, interest due and accrued, deferred and unpaid premiums, etc. Of the bonds and stocks, approximately 98-K per < cent are bonds and \Yi per cent are stocks. 140 Table 109.—PUBLIC FINANCE [Base year in bold-faced type] U.S. GOVERNMENT FINANCES 3 U.S. GOVERNMENT DEBT 2 MONEY IN CIRCULATION 4 Total OrdiCus- Total ordi- nary Inter- Gross Short toms exnary est debt term5 rebeardebt ceipts re- pendiing ceipts tures YEAR AND MONTH Total Gross Per interestTotal capita bearing debt Relative to 1913 Relative to 1919 U.S. Relative to 1919 100 100 101 96 i 108 156 506 70 71 68 75 80 90 76 76 72 78 82 91 $966 968 970 972 2,713 11, 986 $1, 193 1,188 1, 191 1,225 2,976 12, 244 58 101 97 112 177 172 712 925 777 568 554 554 2,553 100 893 111 763 ! 101 91 623 ! 99 510 483 99 100 111 99 88 94 93 25, 334 24,061 23, 737 22, 711 22,008 20, 982 25, 483 24, 298 23, 976 22, 964 22, 350 21, 251 8,047 7,843 7,618 6,746 5,473 8,072 j 71 71 71 71 175 182 235 203 354 327 1,063 401 443 i 404 566 528 94 96 97 97 90 92 93 93 22, 359 22, 368 22, 390 22, 327 22, 732 22, 717 22, 723 22, 646 89 88 87 87 69 68 68 67 198 189 163 160 350 1,046 341 390 528 581 401 388 98 99 98 100 94 94 93 95 22, 186 22, 008 21, 959 21, 902 87 86 86 86 87 87 87 86 108 108 108 107 169 195 176 154 880 382 316 956 521 706 424 663 101 101 103 103 96 96 97 98 85 85 85 85 88 85 85 85 106 106 103 103 151 189 194 172 304 343 1,072 355 431 345 481 541 98 100 100 99 May -._ June July August 84 83 83 83 85 83 83 83 103 100 100 100 171 163 166 172 316 997 324 308 423 476 344 326 September October November December 83 83 83 82 83 83 83 82 100 100 100 88 188 188 151 151 808 423 290 946 82 83 89 177 285 5 5 5 5 12 48 100 95 94 90 87 83 100 95 94 90 88 83 100 97 95 84 68 100 89 89 89 88 89 89 89 89 Mav June July August 88 87 87 87 September October __ November December June June June June June June 30, 1919 30, 1920 30, 1921 30, 1922 30, 1923.. 30, 1924 _. Per capita Millions Dollars of dolls. §26, 513 24, 344 17, 439 17, 656 18, 832 15,000 (60, 315 $69,474 $3, 364 61,282 3,402 61, 195 57, 972 3,261 63,353 65, 003 3,591 61, 250 94, 037 165,025 1 3,849 305, 382 1, 058, 153 4,336 $34. 56 34.35 32.38 35.06 36.96 40.96 15, 371 26, 909 25, 714 29, 704 46, 827 45, 470 429, 355 1, 543, 575 557, 880 540, 174 | 468, 744 461, 517 342, 425 316, 275 333, 928 308, 123 334, 337 292, 223 4,795 5,332 4,843 4,374 4,729 4,755 45.13 50.11 44.80 39.86 42.50 42.20 5, 721 5,730 5,753 5, 691 46, 346 48, 311 62, 172 53, 736 213, 558 197, 517 641, 082 241, 830 267, 672 244, 276 341, 935 318, 988 4,509 4,611 4,656 4,668 40.74 41.61 41.98 42.04 22, 631 22, 350 22, 271 22, 201 5,581 5,473 5,436 5,396 52, 417 50, 023 43, 225 42,500 211, 118 630, 981 205, 742 235, 505 319, 036 351, 081 242, 222 234, 498 4,706 4,729 4,696 4,778 42.34 42.50 42.16 42.85 21, 834 21, 801 21, 780 21, 643 22, 125 22, 082 22, 055 21, 916 8,709 8,677 8,656 8,612 44, 810 51, 713 46, 565 40, 946 530, 778 230, 261 190, 844 576, 317 314, 821 426, 548 256, 287 400, 939 4,850 4,835 4,923 4,951 43.45 43.27 44.01 44.22 92 95 95 94 21, 574 21, 521 21, 357 21, 354 21, 844 21, 783 21, 624 21,615 8, 541 8,491 8,327 8,325 40, 019 50, 207 51, 459 45, 696 183, 206, 646, 214, 307 607 389 306 260, 765 208, 432 291, 026 327, 002 4,682 4,808 4,813 4,760 41.77 42.85 42.85 42.33 100 99 99 100 95 93 92 94 21, 287 20, 982 20, 991 20, 981 21, 545 2), 251 21, 254 2], 245 &,259 8,072 8,081 8,071 | 45, 221 43, 276 43, 945 45, 621 190, 408 601, 580 195, 704 185, 763 256, 085 288, 055 207, 995 196, 892 4,815 4,755 4,665 4,774 42.78 42.20 41.36 42.28 676 530 287 579 100 102 104 104 94 95 98 97 20, 983 20, 978 20, 951 20, 712 21,254 21, 242 21,213 20, 978 8,073 8,069 8,041 7,046 49, 759 49, 890 40,011 40, 129 487, 255, 174, 570, 390 323 738 792 408, 797 320, 307 233, 758 349, 875 4,806 4,880 4,994 4,993 42.52 42. 12 44. 08 44. 03 484 99 93 46, 968 171,600 292, 457 4, 752 41.86 i 1923 January. February March April 1924 January February March April 92 66 67 71 57 Thousands of dollars Total NUMERICAL DATA 100 i 101 | 105 101 273 j 1,750 4 4 4 4 11 48 MONEY IN CIRCULATION * U.S. GOVERNMENT FINANCE'S 3 Total OrdiCusShort term toms ord?nary «"JJ«debts receipts receipts P^ Millions of dollars RELATIVE NUMBERS June 30, 1913 June 30, 1914 June 30, 1915 . June 30, 1916 June 30, 1917 . June 30, 1918 ! GOVERNMENT DEBT 2 _ . . 1925 January February March. April May June July \ugust 20, 780 21,057 7, 122 j | j | 1 L. I ! i | i ij 12 From U. S. Treasury Department, except money in circulation prior to July 1, 1922, from the Federal Reserve Board. Yearly figures and the monthly figures up to last two months are on a warrant basis. The last two months are on a cash basis as shown in the preliminary Public Debt Statement. 3 Yearly figures are averages for the fiscal year ending June 30 of the year indicated. Monthly figures are taken from the Daily Statement of the U. S. Treasury, in which futher details may be found. Expenditures represent those chargeable against ordinary receipts. * Represents money held outside the Treasury and Federal Reserve System. The yearly figures are as of June 30 and are taken from the Secretary of the Treasury's Annual Report (1923), p. 555. 5 Short-term debt includes issues maturing within five years from the particular date noted; a large increase in a particular month, such as in September, 1923, is usually due not so much to an increase in indebtedness (absence of increase in the gross debt would showr this), but that the maturity date of a certain bond issue has been brought within five years. The increase in September, 1923, was due to the Third Liberty Loan being brought in this category. At present, besides the Third Liberty Loan, there are included in the short-term debt the following: Loan and tax certificates of indebtedness, Treasury savings securities and Treasury notes. Debt on which interest has ceased and interest-bearing debt redeemable at the pleasure of the Government but not maturing within five years are not included in this statement. Monthly data extending back to 1921 may be found in the March, 1924, issue (No. 31), p. 56. 141 Table 110.—SAVINGS DEPOSITS BALANCE TO CREDIT OF DEPOSITORS -END OF MONTH 1 Federal Reserve Districts New YE AE AND MONTH Total deposits Boston (64 banks) New York (30 banks) Phila- del(78 phia banks) Cleveland (18 banks) Richmond (91 banks) Atlanta (96 banks) Chicago (209 banks) St. Louis (32 banks) KanSan MinDallas neapFransas (85 olis City cisco (72 (15 (56 banks) banks) banks) banks) York State savings2 banks United States postal sav- ings Thousands of dollars 1913 monthly av 1914 monthly av. 1915monthlyav_ 1916 monthly" av. 1917 monthly av. 191 S monthly av. _-i 1919 monthly av. 1920 monthly av. $5,437,438 $1, 036, 420 $1, 532, 056 $389, 823 1921 monthly av. 5, 776, 628 1, 064, 315 1, 653, 162 414, 761 1922 monthly av. 6, 010, 260 1, 100, 456 1, 728, 301 424, 527 1923 monthly av. 6, 592, 987 1, 185, 836 1, 850, 108 457, 860 1924 monthly av. 7, 072, 070 1, 255, 167 1, 973, 919 491, 430 $345, 252 387, 425 382, 759 430, 834 477, 603 $225, 478 244, 718 268, 675 289, 760 314, 207 $168, 731 179, 872 186, 916 213, 522 228, 629 $612, 598 751, 870 $90, 554 $71, 707 $80, 957 $44, 800 $699, 790 768, 358 104, 871 77, 010 89, 212 47, 774 745, 150 771, 608 115,412 79, 643 95, 697 52, 177 804, 090 855, 825 128, 949 88, 954 104, 649 59, 855 926, 410 906, 714 141, 030 92, 077 108, 657 66, 612 1,016,024 $1, 724, 607 1, 772, 357 1, 805, 366 1,918,453 1, 989, 013 2, 016, 866 $39, 750 59, 145 74, 349 112, 159 143, 193 167, e;53 2, 223, 216 2, 465, 491 2, 635, 572 2, 800, 118 3, 090, 659 3, 258, 920 161,373 163, 434 154,124 138, 168 132, 190 133, 019 1922 September October November December 6, 059, 101 6, 097, 135 6, 129, 394 6, 307, 857 1, 108, 924 1,114,412 1, 116, 546 1, 130, 998 1, 744, 493 1, 741, 543 1, 746, 127 1, 807, 550 420, 090 383, 995 419, 573 389, 013 419, 046 393, 214 436, 122 407, 761 274, 199 278, 077 276, 936 279, 246 187, 117 192, 751 194, 864 202, 622 773, 053 783, 414 793, 823 816, 668 117, 136 118, 058 120,539 124, 197 80, 827 80, 841 81, 246 83, 793 96, 882 53, 357 819, 028 98, 837 53, 269 827, 347 99, 901 53, 629 833, 523 102, 556 54, 779 861, 565 134, 230 133, 477 133, 103 2, 892, 469 132, 282 1933 January February M arch April 6, 349, 980 6, 407, 790 6, 460, 765 6, 487, 545 1, 150, 793 1, 158, 610 1, 165, 719 1, 173, 515 1, 805, 923 1, 809, 394 1, 825, 991 1, 820, 182 442, 083 446, 707 449, 252 453, 217 284, 707 285, 829 287, 828 290, 706 202, 933 204, 038 208, 538 211, 102 819, 393 828, 144 834, 630 839, 966 125, 229 125, 774 126, 838 126, 920 86, 220 86, 946 87, 987 88, 246 102, 558 102, 858 102, 816 103, 412 54, 739 56, 755 57, 958 58, 495 864, 077 889, 924 897, 682 903, 497 131, 566 131,980 132, 180 132, 291 August 6, 529, 146 6, 632, 093 6, 625, 604 6, 625, 963 1, 178, 188 1, 188, 854 1, 192, 585 1, 194, 152 1, 825, 584 1, 859, 503 1, 854, 810 1, 854, 412 454, 744 421, 667 293, 716 213, 045 456, 910 430, 919 291, 721 218, 835 461, 876 430, 014 289, 348 218, 777 461, 922 432, 286 288, 652 215, 358 850, 375 867, 505 858, 068 858, 657 128, 605 129, 907 129, 740 130, 158 87, 989 89, 123 88, 820 88, 820 104, 380 106, 623 105, 136 103, 892 59, 594 911, 259 59, 976 932, 217 60, 306 936, 123 60, 716 936, 938 131, 751 3, 040, 789 131,671 131, 726 132, 502 September October November __ December 6, 672, 204 6, 703, 325 6, 743, 274 6, 878, 154 1, 198, 304 1, 204, 326 1, 207, 722 1, 217, 267 1, 873, 986 1, 871, 644 1, 876, 107 1, 923, 763 461, 474 461, 935 463, 010 480, 131 435, 528 441, 103 455, 596 464, 948 290, 092 217, 318 861, 491 290, 783 218, 209 872, 155 290, 543 218, 340 882, 010 293, 193 220, 771 897, 508 130, 128 131, 741 131, 862 134, 823 90, 326 90, 043 90, 517 92, 410 103, 871 104, 422 106, 557 109, 265 60, 740 61,517 63, 024 63, 870 948, 946 955, 447 957, 986 980, 205 133, 077 133, 157 132, 833 3, 144, 094 131,518 „ 6, 878, 006 6, 938, 646 6, 990, 191 6, 988, 643 1, 227, 742 1, 235, 079 1, 241, 474 1, 247, 628 1, 922, 678 483, 826 458, 720 1, 928, 114 485, 354 463, 107 1, 948, 347 485, 844 465, 952 1, 941, 969 487, 634 465, 639 293, 099 219, 855 891, 580 298, 464 224, 817 895, 491 302, 960 227, 205 903, 725 308, 941 228, 250 900, 802 135, 025 135, 929 136, 244 137, 545 92, 303 92, 076 93, 542 92, 967 108, 714 64, 526 979, 938 108, 653 65, 082 1,006,480 108, 394 65, 563 1,010,941 108, 918 65, 818 1,002,532 3, 168, 327 3, 172, 696 3, 233, 022 3, 210, 507 130, 277 132, 152 132, 770 132, 565 _ _- 7, 001, 598 7, 089, 775 7, 070, 720 7, 087, 421 1, 249, 697 1, 256, 624 1, 256, 927 1, 261, 004 1, 945, 064 1, 981, 700 1,974,972 1, 977, 476 309, 589 315, 352 317, 903 322, 551 229, 719 234, 474 228, 026 229, 159 904, 430 916, 257 902, 603 901, 674 139, 262 138, 550 138, 176 138, 576 89, 735 90, 892 90, 656 90, 772 110, 328 111,942 108, 921 109, 229 66, 020 68, 035 66, 824 66,811 999, 232 1,019,515 1,016,725 1,018,256 3, 208, 840 3, 267, 717 3, 267, 064 3,261,053 133, 072 132, 655 132, 915 133, 929 7, 133, 998 7, 154, 337 7, 197, 214 7, 154, 337 1, 263, 800 2, 002, 659 491, 805 1, 268, 465 2, 001, 536 495, 093 1, 271, 490 2, 006, 184 497, 277 1, 282, 074 2, 056, 333 513, 283 483, 342 323, 350 489, 511 325, 899 499, 463 324, 495 506, 689 327, 880 228, 710 228, 510 230, 308 234, 515 902, 737 910, 932 917, 748 932, 593 138, 247 141, 026 157, 231 156, 548 92, 078 92, 444 92, 787 94, 674 109, 686 10G, 979 105, 620 106, 498 67, 805 67, 849 67, 523 67, 490 1,029,779 1,026,093 1,027,088 1,055,712 3, 302, 442 3, 308, 534 3, 318, 009 3, 388, 832 133, 948 134, 405 134, 235 133, 305 May June July 1924 January February March April Mav. . June July August September October November _ . December 1925 January February March April 411, 325 412,811 415, 526 418, 287 487, 460 471, 062 488, 816 467, 618 489, 816 479, 171 490, 950 480, 963 i May June July August 1 Savings deposits in each Federal Reserve district (including both commercial and savings banks) compiled by Federal Reserve Bank of that district from reports of identical banks, except Atlanta, Kansas City, and Dallas districts, which have been computed on chain relatives since June, 1923. Deposits in savings banks of New York State1 furnished by Savings Banks Association of the State of New York; postal savings from U. S. Post Office Department. Yearly figures from 1914 to 1923, inclusive, and for 1923 are averages of deposits on June 30 and Daosmber 31 of each year; 1913 figures are for December 31; 1921 is average of four quarterly figures, and 1922 is average of three quarterly figures. Monthly data beginning with 1924 calculated by adding to incomplete monthly reports to the association the depositors' balance of the few nonreporting banks at the previous semiannual period. 142 Table 111.—BANKING DEBITS TO INDIVIDUAL ACCOUNTS i Jl CONDITION OF FEDERAL RESERVE BANKS 3j| I] BANK CLEARINGS « CONDITION OF REPORTING! MEMBER BANKS 3 ! i INTEREST RATES * 1 YEAR AND MONTH Notes Total Total Bills In New Outside in cir- investdisNew reYork cula- ments serves York countCity tion ed City In New Outside New York York City City ! i i Percent Millions of dollars Millions of dollars i 1913 1914 1915 1910 1917 1918 ino mo. mo mo mo mo. av av av av av av 1919 mo. 1920 mo. 1921 ino. 1922 mo. 1923 ino. 1924 rno. av av av av av av $20,313 20, 087 17, 258 19, 988 19, 866 21,961 1933 Januarv February March April . . 22, 087 19,019 22, 541 20, 479 Commercial! double-! name i paper, 4 to 6 mos. Total Net i New Total loans deYork and dis- investmand j call counts ments deposits j loans | Reserve ratio Total deposits 1 ] Per cent ! | j 1 1 j $9, 2f>0 | 3.29 3.68 1. 90 2. 74 3.37 5.08 5. 52 4.80 3.46 3.45 4.73 5.88 10, 576 11, 302 10, 178 10, 855 11, 113 12, 065 ! 7.07 8. 58 5.99 4.42 4.87 3.17 5.43 7.38 6.54 4.43 4.99 3.91 $7, 886 6,918 9,184 13, 298 14, 784 14, 878 $5, 749 5, 508 5, 879 7,713 9,734 11, 801 $29 24 224 1,158 $89 185 606 1,911 $144 231 486 $384 586 1,261 1,991 .... $1,154 1,738 19, 650 20, 261 16, 194 18, 158 17, 833 20, 822 13,944 15, 801 12, 212 13, 204 15, 847 16, 247 1,936 2, 557 1,755 550 751 362 2,618 3,154 2,664 2,215 2, 239 1,866 592 685 338 618 399 583 2.190 2, 126 2,672 3,149 3,192 3, 196 1, 937 1,922 1,744 1, 851 1, 941 2, 112 50, 2 43.5 61.4 77.5 76.4 80.4 $11, 927 10, 953 11,788 12, 343 $3, 364 4, 230 4,617 4, 968 19,778 16, 784 19, 768 18, 010 10,696 13, 707 16, 361 15, 736 597 596 700 637 2, 204 2,247 2,232 2,223 542 571 504 468 3, 227 3,202 3, 176 3,179 1, 991 1, 952 1,976 1, 909 75. 9 76.2 75.5 77.0 11,425 11,639 11, 783 11,839 4,849 4, 690 4,714 4, 634 |] 11, 537 j 11,525 j 11, 082 | 11,156 4.30 4.91 5. 28 4.94 4.63 4.69 5.06 5.13 19, 212 18, 675 16, 646 14, 778 16, 862 16, 116 15, 395 14, 596 731 775 761 816 2, 250 2,227 2,195 2,225 447 339 273 267 3, 195 3, 202 3,200 3,201 1, 952 1, 937 1,897 1,908 76. 1 76.9 78.2 77.5 11,840 11, 850 11, 716 11, 708 4, 665 4, 692 4, 528 4, 537 11, 173 11,104 11,078 10, 880 I] I { j 4.80 4. 88 5.00 4.95 5.13 4.88 4.94 5.10 j i | j 15,071 17, 730 18, 048 19, 495 14, 593 17, 036 15,915 17, 302 862 884 794 857 2, 248 2,225 2, 246 2,340 264 29T 373 441 3, 193 3, 191 3,197 3,138 1,930 1, 959 1, 939 1,938 76.4 76.3 76.4 73.3 11,877 11, 943 11, 904 11,934 4,545 4,530 4, 464 4, 555 10, 891 i 11,158 j 11, 102 11,1P34 j 4.88 4.70 4.81 4.94 5.15 5.13 5.09 4.97 20,689 18, 120 19, 650 20, 326 16,862 14, 713 j 16, 118 15, 962 522 532 482 447 2, 023 2,022 1,983 1,926 393 419 460 426 3, 263 3,230 3, 223 3, 223 1,991 1,986 2, 007 2, 005 81.3 80.6 80.8 j 82.0 11, 884 11,874 12, 065 12, 121 4,480 4, 496 4, 515 4, 535 4.55 4.50 4.00 4.44 4.88 4.78 4.59 4.63 3.63 2.25 2.10 2.00 4.23 3.91 3.53 3.25 I | | $17,536 20, 067 15,914 16, 625 18, 777 18,996 i ! 94,0 S3. 5 75.6 57.0 t ! j i May June July August 20, 704 21,041 18, 321 16, 189 19,666 | 16,906 19, 644 18, 816 ! j 19, 368 1 19, 532 18, 184 ! 17,308 ! September October November December 16, 799 19, 152 19, 983 22, 081 17,260 19, 747 18,521 20, 367 1924 January February _ March April 22,114 19, 886 21, 546 20, 654 19, 384 17, 512 19, 192 18, 656 Mav June Julv August 21,406 21, 926 21, 469 20, 916 18, 639 18, 304 18,662 17, 776 20, 722 19, 958 21, 127 20, 342 15, 833 15, 264 16, 240 15, 247 430 350 294 263 1,891 1,844 1,762 1,741 421 476 531 593 3, 214 3,271 3,260 3,202 1, 997 2, 108 2, 165 2, 150 82.7 82.8 83.0 82.3 11, 951 12, 142 12, 265 12, 434 4, 859 4,827 4, 937 5,091 11,239 i 11,185 11, 171 | 11, 439 i ii 11, 403 i 11, 837 12, 233 12, 419 September October November December 20, 734 22, 506 23, 047 27, 327 18, 238 20, 912 18, 846 21, 830 19, 291 21, 585 22, 433 25, 626 15, 904 18, 024 16, 657 18, 234 260 ^23 222 314 1,730 1,767 1, 845 1, 862 668 802 866 935 3, 156 3,132 3,134 3,047 2, 196 2,218 2, 203 2, 311 80.4 78.6 77.4 73.0 12, 677 12,764 12, 870 13, 068 5, 331 5, 551 5,617 5, 531 12, 630 12, 922 13, 065 13, 254 2.13 2.45 2.60 3.38 3.13 3.13 3.25 3. 50 27, 682 22, 277 26, 721 18, 525 274 1,684 715 3,083 2,265 13, 051 5, 488 13, 014 3.53 3.63 __ 1935 January February March April. j i Mav June July August ! 1 1 ! . ! i i " I! j i " 7S.O i | i II | 1 i li 1 ' i ! ' i i Debits to individual accounts are collected by the Federal Reserve Board from about 150 of the larger clearing-house centers. These data represent check transactions more fully than clearings inasmuch as all checks debited to individual accounts are included and not merely those passing through the clearing house. The figures giveu are combined from weekly totals, the first and last weeks of the month being prorated. Data for individual cities were presented in the October, 1923, issue (No. 26). p. 51 to 55. 2 Figures on bank clearings, showing volume of check transactions passing through the clearing nouse, compiled by Bradstreets. Clearings outside New York City represent 117 cities each year, estimates for some of the smaller cities being necessary in earlier years to complete the data. 8 Condition reports, showing respectively the combined condition of the twelve Federal reserve banks and the condition of over 800 member banks of the Federal reserve system, are compiled by the Federal Reserve Board. The condition is given as of the last Wednesday of the month, but prior to April, 1921, figures are of the last Friday of the month. The reserve ratio represents the percentage which total reserves (mostly gold) form of the combined deposit and Federal reserve note liabilities. Prior to March, 1921, net deposits were used instead of total deposits in calculating reserve ratios. Monthly data from 1920 on conditions of Federal reserve banks may be found iu the May, 1922, issue (No. 9), page 123, except for investments, which are given in the September, 1922, issue (No. 13), p. 47. 4 Interest rates are averages of we fckly ranges in the New York market as published by the Commercial and Financial Chronicle. During the earlier years quotations on commercial paper are based on prime double-name commercial paper maturing in 60 to 90 days, but lately the quotations have been changed to from 4 to 6 months' paper, which now constitutes the bulk of this business and the rates for which have been practically identical with the shorter maturities. Gall loan rates are based upon mixed collateral. Detailed data by months from 1913 are given in the June, 1924, issue (No. 34) of the SUSYJSY OF CURRENT BUSINESS, page 50. 143 Table 112.—STOCKS AND BONDS YEAR AND MONTH BOND YIELDS' BOND PRICE INDEX STOCK PRICES ComCombined 25 25 bined index index indus- rail(4.0 (103 r trials 3 roads s bonds) 4 stocks) 10 highest grade rails * 10 Com5 Lib10 ift secerty 18 indus- bined ond public index and forutility 4 trial grade bonds (68 Treaseign bonds ' bonds) 5 ury rails * Per cent of par value of 4 per cent bond Dollars per share Per cent of par value NEW YOSK STOCK EXCHANGE SALES Liberty Mis- Municipal bonds ectlaand Stocks neoiis Victory bonds bonds Total bonds Thoiis. of shares Thousands of dollars, par value 4. 18 4.23 4. 06 4 31 4.58 6. 924 3,992 11,448 19, 404 15, 378 11, 948 $41, 499 $41, 409 56, 959 56, 959 79, 623 79, 623 94, 199 94, 199 61, 866 '$40,492* 85, 690 47, 544 117, 059 164, 603 20,073 18, 728 14, 334 21, 852 19, 671 23, 483 71,322 88, 563 115, 686 206, 948 161 r 354 243, 145 236, 814 235, 406 173, 130 136, 442 66, 549 72, 176 308, 136 323, 969 288, 816 343, 390 227, 903 315, 323 Per ( cent 1913 monthly av 1914 monthly av 1915 monthly av 1916 monthly av 1917 monthly av 1918 monthly av $58. 19 58.08 75. 35 99. 14 85. 44 80.98 $32. 97 77.57 73.16 80.05 69.12 61. 34 76.76 80. 49 75. 58 69.84 89.79 9.2.45 87. 43 80.02 75.55 78.00 72.42 66. 12 ' 73.73 77.59 72.36 63. 89 70. 51 75.89 71. 35 69.36 1919 monthly av.. -1920 monthly av : $84. 57 1921 monthly av_. 1922 monthly av_. ! 97. 08 1923 monthly av.. 82. 13 83-74 1924 monthly av__ 105. 77 107. 21 79. 38 98.58 107. 78 115.08 62.06 55. 94 53.21 62. 38 60. 15 67.18 69.07 59. 70 60. 15 74. 11 71.72 74. 32 77.89 71. 33 74. 39 85. 50 82.89 85.11 66. 33 58.54 61.43 71.76 67.71 71.96 61.77 51.99 53.92 67.50 66.26 68. §3 70.76 60.12 55. 28 874.00 72.27 73. 21 1933 January . February March April 99. 29 96. 48 110. 35 115.03 116. 03 113.46 61. 71 65. 28 65. 06 63. 04 73. 76 73.42 71. 65 71. 29 84. 46 84.18 81. 15 81. 55 69.82 69. 31 67.42 67. 48 68.34 68.40 67.41 66.52 May June. July August 94.11 84. 61 82, 87 80, 20 108. 18 105,94 1:02. 52 102. 95 60.73 60. 95 58.07 56.24 71.71 71. 80 71.40 71.86 82. 58 82. 73 82. 78 83.66 67.73 68.09 67.70 67.81 September _ October November December 84. 54 84.33 .88, 28 90.15 102. 74 101. 78 105, 44 ioa ss 57. 14 57.06 58. 30 58. 25 71.22 70. 56 70.96 71.04 82. 76 82.46 83. 25 82.73 193-i January February March April 93 00 87.77 82. 12 81.00 112. 14 111.83 109. 82 106. 71 60. 35 60. 47 61. 09 62.09 72.23 72. 15 72.35 72.67 Mav June.. _- _ _ _ July August 80. 30 84. 83 88. 44 89. 85 106, 43 108. 93 113. 53 119. 18 September October November. _ December 89. 90 90.25 97. 77 99. 65 116.73 117. 29 124. 11 134. 29 4.45 i | 85, 38 94.93 93. 40 95. 68 93. 10 99.54 98.77 101. 44 92.42 101. 22 100.22 101. 71 4 50 5.04 5.02 4.21 4.27 4.21 74.43 73.80 i 72. 25 I : 71. 44 94. 26 94. 26 93. 1 1 93. 81 99. 29 99. 05 98. 55 98. 88 99.22 100.55 100. 78 101. 48 4.11 20, 208 22, 694 4. 11 4. 13 1 26, 741 4.18 ; 20, 136 214, 185 187, 150 195, 146 176, 642 76, 239 61,207 66, 599 60, 351 290, 424 248, 357 261,745 236, 993 66.38 66.16 65. 70 66. 35 72.25 72.35 71. 68 72. 02 I 93. 97 93. 18 93. 54 93. 53 98. 81 98. 62 98. 95 98. 75 101. 37 101. 27 100. 52 100. 17 4.22 ;• 23, 106 166, 736 4.24 20, 317 172, 656 4.29 | 12, 668 123,068 4.35 13, 126 116, 604 97, 633 73, 474 61, 747 41, 776 264, 369 246, 130 184,815 156, 380 66.80 66.29 66.79 67. 31 65.95 64. 75 64.53 64. 63 71.71 ' 71.25 i 72. 02 71. 99 92. 90 93. 01 92. 89 93. 03 98. 40 98. 20 98. 93 98. 82 99.62 99. 45 99.07 99.15 14, 610 4.40 ] 5, 809 4.39 4.37 ! 22, 573 24, 067 4. 37 - 108, 459 145, 585 162, 271 169, 750 48, 048 77, 423 65, 869 68, 220 156, 507 223, 008 228, 140 237, 970 83.59 82.79 82. 76 83. 58 68.43 68.72 68. 87 69.52 66.12 66.27 67. 19 67.53 73.09 : 72. 86 ; 72. 42 ; 72.03 ; 93. 99 93, 78 93. 93 94. 25 99. 50 99, 48 99, 70 100. 36 99. 60 99.77 99. 71 99. 89 27,762 4.32 20, 637 4.36 4.34 18, 206 4.30 i 17, 792 253, 394 178, 379 205, 567 185, 466 91, 693 53, 375 72, 622 93, 101 345,087 231, 754 278, 189 278, 567 62. 53 65.07 68,39 71.06 73. 17 , 84.42 74.59 , 85.84 75. 81 87'. 22 86. 09 75.93 70.62 72. 49 73.58 73. 52 67.39 69.08 70.93 71. 57 72.34 73. 01 73. 48 74.14 94. 74 96. 35 96. 91 96. 63 100.94 102. 49 102. 97 102. 10 100.00 102. 05 102. 41 103. 84 4.26 ! 13, 422 4.15 16,803 4.14 ! 24, 22f> 4.12 i 22, 427 180, 440 287, 519 273, 131 244,041 91, 979 102, 855 68, 014 62, 231 272,419 390, 374 341, 145 306, 272 70.28 69.63 76.00 79.15 75.40 75.74 76.06 75.77 73. 69 74.36 75.03 74. 65 69.94 70.10 70.45 70.56 73.42 73. 75 74.06 73. 94 j 97. 00 97. 13 96. 88 96.55 102. 66 102. 98 102. 10 101. 98 103. 68 103. 67 103. 50 302. 39 18., 150 4.11 4.11 j 1%, 126 4. 13 I 41,369 4. 16 : 42. 876 212, 357 247, 972 336, 431 313,044 52, 005 45, 164 52, 987 79, 148 265, 022 293, 136 389, 418 392, 492 4.16 303. 825 48. 638 352. 463 1 94. 67 86.47 86.67 8(5. 43 85. 45 » | 1925 January February March April May. June July August 105. 06 135. 38 79. 97 76.07 85.82 75.12 74.61 70. 63 i 102. 21 103. 24 46. 739 i! j J • ! _._ 96.94 i i 1! i • ! i i 1 Bond price index, based on 4 per cent bonds, and bond sales from Dow, Jones & Co.; combined indexes for 103 stocks and 67 bonds, respectively, 6 Liberty and Victorybonds, 16 foreign government and city bonds, compiled by the New York Trust Co.; municipal bond yields from The Bond Buyer; and stock prices and sales from tho Annalist, Monthly data from 1920 are given for most items in the May, 1922, issue (No. 9), pp. 125 and 129. 2 Includes 25 railroads, 10 iron and steel, 5 railroad equipment, 9 motor (including accessories), 5 rubber tires, 5 shipping, 5 sugar, 5 leather and shoe, 5 tobacco, 10 copper, 10 oil, and 9 New York bank and trust companies taken as of the last day of the month. a prices are averages, as.taken at the end of each week, of the closing prices for these stocks on New York Stock Exchange. Monthly data from 1913 are given in tho December, 1922, issue of the Survey (No. 16), p. 47. 4 These indexes are combined from the yields of the average prices of the bonds for each day of the month the average yields for the 10 bonds of each class being capitalized at 4 per cent to give the combined index. 5 Includes 6 Liberty and Victory bonds (the two issues of Victory bonds being replaced at their redemption by the Treasury bonds, thus making only 5 issues), 16 foreign6government and city, 20 railroads, 10 public utilities, and 5 telegraph and telephone issues taken as of the last day of the month. • Average market yield of bonds of 20 large cities at the end of each month. Averages for 1913 to 1918, inclusive, taken from Bond Buyer's Index of the Municipal Bond Market, based on period Jan. 1 to Dec. 1; subsequent yearly data are averages for the period Jan. 31 to Dec. 3L 7 Represents an average of 7 months, June to December, inclusive. •five substitutions iu this series in January, 1922, account for the violent change in the index. 144 Table 113.—BUSINESS PROFITS AND LOSSES [Relative numbers for base year in bold-faced type; numerical data on opposite page] BUSINESS FAILURES i Total commercial Manufacturing establishments Trade establishments Agents and brokers Banks (quarterly) YEAR AND MONTH Liabili- Firms ties DIVIDEND AND INTEREST PAYMENTS 2 i Liabili- Firms Liabili- Firms Liabili- Firms Liabili- Firms ties ties ties ties Dividend payments Total dividend and interest payments Total Industrial and Steam miscel- raillaneous roads companies Street railways Kelative to 1913 100 131 110 72 67 60 100 114 138 106 86 70 100 100 109 121 99 87 65 100 144 130 80 61 50 100 115 144 107 85 58 100 109 90 59 64 59 164 116 93 95 92 100 124 156 135 | 113 111 41 108 229 228 197 198 40 55 123 148 117 129 41 103 188 173 226 231 44 62 106 134 117 123 33 77 222 236 183 177 36 50 125 152 117 127 70 228 406 400 140 155 89 109 178 165 106 157 1933 January February March April 216 178 212 225 159 113 126 114 223 160 242 307 141 99 124 110 243 219 217 162 169 120 127 117 97 105 90 142 107 83 122 81 i M!ay June July August 180 126 157 150 115 102 92 99 161 113 185 154 114 99 99 109 198 130 112 137 115 104 89 96 187 161 205 182 111 ; 74 126 348 217 226 92 125 128 138 131 570 275 186 92 141 140 140 120 182 180 293 93 119 122 135 128 96 137 148 72 120 ; 144 i 170 February March.. April 225 158 428 214 158 129 136 128 279 159 703 223 143 113 137 124 204 184 201 195 165 135 124 127 100 65 194 246 120 152 146 169 May June July August 160 149 161 242 136 120 121 114 171 161 193 289 144 124 118 117 160 155 130 171 131 113 121 110 122 92 152 309 174 156 139 152 September October 150 158 136 198 98 127 124 153 188 151 99 152 102 116 102 135 106 168 165 283 95 128 128 158 164 152 177 83 1T7 183 183 187 238 173 115 136 257 189 620 148 1913 1914 1915 1916 1917 1918 monthly average. monthly average. monthly average. monthly average. monthly average. monthly average. 1919 1920 1921 1922 1923 1924 monthly monthly monthly monthly monthly monthly average . average . average . average. average. average. __ -__ _ _ September October December 3100 3100 100 100 100 180 110 40 40 20 101 105 120 134 153 98 95 111 129 122 100 95 94 117 147 140 100 178 118 33 59 16 99 95 106 105 98 109 105 123 132 129 52 161 548 246 646 643 40 100 340 230 480 510 179 192 188 191 202 214 114 115 110 111 115 120 125 130 117 114 117 121 96 96 96 95 97 101 122 124 122 120 129 132 310 119 192 253 204 107 113 129 153 106 121 148 100 112 117 94 298 129 71 173 171 199 247 127 76 86 145 111 70 97 138 111 85 36 114 124 102 47 178 87 175 261 174 193 83 134 93 97 100 158 72 132 62 96 127 53 82 184 119 71 284 125 215 260 217 110 119 131 162 109 129 151 104 114 120 97 318 135 81 185 214 206 268 134 80 93 152 114 72 101 141 114 93 89 118 126 108 79 79 98 212 269 181 203 87 137 96 101 104 161 74 135 65 98 130 58 92 192 126 89 307 227 167 110 343 153 217 465 213 308 280 1,657 1,217 98 85 i 1934 December 1,271 883 671 543 273 267 357 350 1935 b \pril July I 1 See footnotes on opposite page 1 1 " 145 Table 114.—BUSINESS PROFITS AND LOSSES [Base year in bold-face type; relative numbers on opposite page] DIVIDEND AND INTEREST PAYMENTS 2 BUSINESS FAILURES i Total commercial Manufacturing establishments Trade establishments Agents and brokers Banks (quarterly) YEAR AND MONTH Liabil- Firms ities Liabil- Firms Liabil- Firms Liabil- Firms Liabil- Firms ities .ities ities ities Thousands of Number dollars Thousands of Numdollars ber Thousands of Number dollars 929 Total divi- ! dends and inTotal terest payments ThouThou- Numsands of Numof ber sands dollars dollars ber Dividend payments j Industrial and Street miscel- Steam railraillane- roads ways ous companies Thousands of dollars $22, 818 29, 821 25, 106 16, 354 15, 203 13, 590 1,336 1,523 1,846 1,415 1,154 832 $10, 366 353 385 426 349 308 230 $9, 583 13, 805 12, 436 7,616 5,843 4,825 1,071 1,336 994 786 541 $2, 869 4,704 3,335 2,655 2,732 2,644 54 67 84 73 61 60 s $7, 887 14, 001 9,306 1,598 4,614 1,284 330 11,312 9,335 6,083 6,628 6,121 54 33 12 12 6 $148, 103 148, 948 155, 420 177, 919 199, 095 227, 061 $69,838 68, 481 66, 019 77, 176 89, 856 85, 184 $38, 527 36, 530 36, 374 44, 986 56, 542 53, 788 $24, 733 24, 549 23, 613 26, 095 26, 038 24, 135 $4, 908 5, 368 5,149 6,020 6,493 6,318 9,442 24, 593 52, 361 51, 989 44, 885 45, 269 538 740 1,638 1,973 1,560 1,718 4,301 10, 666 19, 488 17, 910 23, 379 23, 897 165 220 375 473 414 434 3,139 7,380 21, 232 22, 615 17, 495 16,933 334 461 1,166 1,410 1,089 1,184 2,002 6,547 11,641 11, 465 4,012 4,439 48 69 96 89 57 85 4, 131 12, 675 43, 254 19, 434 50, 934 50, 732 12 30 102 69 144 153 265, 764 284, 573 278, 484 283, 310 298, 768 317, 674 79, 745 80, 248 76, 965 77, 554 80, 271 83, 657 48, 264 50, 140 45, 200 43, 723 45, 120 46, 649 23, 705 23, 832 23, 668 23, 508 24, 093 24, 993 5,977 6,074 5,970 5, 902 6,313 6,467 49, 210 40, 628 48, 404 51, 394 2,126 1,508 1,682 1,520 23, 120 16, 613 25, 043 31, 829 499 348 437 388 23, 306 21, 001 20, 780 15, 496 1,569 1,115 1,179 1,088 2,784 3,014 2,581 4,069 68 45 66 44 459, 465 175, S05 283, 645 374, 286 142, 715 74, 805 79, 055 89, 930 58, 815 40, 775 46, 700 57, 150 24, 675 27, 705 28, 950 23,200 14, 625 6,325 3,505 8,490 May June July August 41, 022 28, 722 35, 721 34, 335 1,530 1,358 1,231 1,319 16, 686 11, 703 19, 139 15, 988 401 348 350 385 18, 960 12, 413 10, 701 13, 125 1,069 970 828 888 5,376 4,606 5,881 5,222 60 40 53 46 253, 425 295, 050 366, 025 187, 550 53, 400 60, 300 101,575 77, 550 27, 050 37, 250 52, 975 42, 700 21, 225 21, 100 28, 150 30, 600 5,125 2,300 8,750 4, 250 September October November... December 28, 698 79, 302 49, 592 51, 615 1,226 1,673 1,704 1,841 13, 571 59, 136 28, 456 19, 275 324 498 495 495 11, 462 17, 413 17, 194 28, 092 863 1,110 1,131 1,254 3,665 2,753 3,942 4,248 39 65 78 92 259, 636 387, 215 256, 965 286, 050 57, 936 93, 515 64, 965 67, 505 38, 601 60, 825 27, 625 50, 975 15, 325 23, 640 31,500 13, 050 4,010 9, 050 5,840 3, 480 51, 273 35, 942 97, 651 48, 904 2,108 ,730 1,817 ,707 28, 875 16, 478 72, 838 23, 137 505 398 484 438 19, 525 17, 598 19, 240 18, 719 1,538 1, 250 1,154 1,178 2,872 1,865 5,573 7,049 65 82 79 91 420, 420 185, 565 319, 041 384, 350 151,335 76, 640 83, 241 91, 425 62, 395 41, 895 49,650 58, 300 25, 765 28,115 29, 600 24, 050 15,600 6,630 3,991 9,075 36, 591 34, 099 36, 813 55, 154 ,816 ,607 ,615 1,520 17, 757 16, 646 20, 022 29, 924 507 439 416 414 15, 346 14,810 12, 421 16, 361 1,215 1,054 1,124 1,024 3,488 2,643 4,370 8,869 94 84 75 82 316, 565 305, 740 396, 880 198, 370 55, 860 64, 840 106, 440 79, 870 27, 625 38, 965 54, 260 43,900 22, 965 22, 015 29, 175 31, 175 5, 275 3, 860 3,895 4,795 34, 296 36,099 31, 124 45, 279 1,306 1,696 1,653 2,040 19, 468 15, 619 10, 252 15, 753 360 411 361 475 10,126 16, 122 15, 782 27, 141 833 1,186 1,193 1,464 4,702 4,357 5,090 2,385 63 99 99 101 313, 840 397, 760 268, 805 300, 750 60, 815 95, 860 66, £03 70, 750 40,250 62, 110 28, 415 52, 025 16,150 24,350 32, 200 14, 350 4,515 9,400 6,190 4,375 54 354 2,317 11, 909 480 24; 655 1,757 17,790 80 455, 080 158, 580 64, 415 27, 170 16, 825 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 1920 1921 1922 1923 1924 monthly average monthly average monthly average monthly average monthly average monthly average 1923 January February March__ April __ .. ._ 12, 052 65 36, 700 64 24, 294 84 130, 693 365 1934 January February March April May June July_ August . . September October November December ..... _. 1935 January February March April .- _ _ _ _ . May June July August 100, 276 265 52, 953 163 21, 543 80 28, 154 105 . _ -_ 1 i Compiled by Dun's Review; for annual data in greater detail see pp. 57-59, April, 1924, issue, SURVEY OF CURRENT BUSINESS (No. 32). Monthly data on total commercial failures from 1913 appeared in December, 1923, issue (No. 28), p. 53; monthly data on all classes from 1921 appeared in June, 1924, issue (No. 34), p. 55. 8 Data compiled by New York Journal of Commerce. "Total dividends" include bank dividends not separately shown for those months where such payments are reported. The total interest payments may be obtained by subtracting total dividends from total interest and dividend payments. Monthly data for total dividend and Interest payments covering the period 1913 to 1921 appeared in the September. 1922. issue (No. 13), SURVEY OF CURRENT BUSINESS, p. 51 (figure for July, 1917, should be $333,011 instead of $633,011); and for dividends, classified, covering trie same period, in the October, 1922, issue (No. 14), p. 46. »Yearly data are quarterly averages. 27456°—2ot 10 146 Table 115.—NEW SECURITY ISSUES AND AGRICULTURAL FINANCING MUNICIPAL SECURITIES CORPORATE SECURITIES j WAR FINANCE CORPORATION 7 FEDERAL INTERMEDIATE CREDIT i BANKS » L1N» BANKS* ! With banks and livestock loan companies j Distribution* {Commercial and Financial Chronicle') YEAR AND MONTH Total i (Journal of Commerce) I ReNew i capital fund* ing • Bonds and notes Stocks ! NEW JINCORPer- Tem- j PORAmapo- ! TIONS * i ne at rary i loans loans (• (long (short term)) term) Federal Farm Loan Banks Joint Stock Land Banks Total loans and rediscounts With cooperative marketing associations Balance ! Loans Balance Loans outouti closed standclosed stand- Closed Balance outstanding ing ing j 1 Thousands of dollars 1913 mo. av.. 1915 mo av 1916 mo. av 1917 mo av 1918 mo av 1919 mo av 1920 mo. av 1921 mo. av 1922 mo. av 1923 mo. av 1924 ino. av 1 $137, 145 119, 710 119, 613 182,208 127, 498 112, 068 $34, 040 $40, 268 $172, 301 37, 200 24, 332 i 120,306 41,049 12, 894 I 164,915 41, 450 24, 367 276, 925 37, 078 32,704 373, 198 i $3,259 21, 902 39, 428 I 183, 275 9, 826 i 1 63, 528 251, 764 . 258, 911 $89,253 $157, 935 $225, 825 $21,357 64, 742 219, 572 23, 271 177, 963 151,828 49, 407 115, 281 285, 329 51,969 203, 899 194, 615 61, 460 106, 629 300, 120 61,413 206, 291 214,782 44, 037 94, 597 _ 268, 262 71, 860 239,449 259, 953 42, 569 120, 557 37, 508 55, 341 63, 503 32, 965 42, 846 81,590 jl, 056, 519 11, 014 |1,249,920 6, 071 i 663,260 ! 7,586 ; 700, 013 18, 692 1 780,895 16, 377 | 596,227 13, 488 1 237. 478 338, 234 373, 381 546, 519 732, 365 879, 929 i $701 $34, 257 1 4, 323 1, 812 70, 9-31 f 77879, 124 13, 148 143, 410 $166,969 $7, 082 18, 377 s 43 1,837 ! 96, 259 7, 388 421.494 $7,404 $50, 883 58, 239 1, 499 13, 488 $130,493 ... i 1933 June Julv August September October November December 1934 January February March April May June JulyAugust September October November December 1925 January February March April May. June 348, 220 236, 711 237, 258 137, 423 30, 582 25, 427 21, 715 14, 557 171, 126 262, U28 110, 415 97,100 168, 580 214, 601 130, 530 111,657 35, 128 102, 381 73, 754 171,262 1,600 67, 602 21, 388 62, 537 25, 595 j 817,230 40, 765 ! 1,403, 330 62, 203 724. 920 41,003 | 335, 462 15, 910 15, 640 14, 586 14, 273 715, 980 729, 204 741,240 753, 184 18, 353 15,918 11,344 9, 151 (') 352, 653 0) (i) 205,516 246, 446 374, 866 266, 273 29, 879 33, 101 95, 403 93, 908 111,410 197, 325 297, 638 182, 571 137, 107 179, 284 309, 915 168,896 4,182 57, 657 18,041 i 101, 548 65, 126 1 94, 347 13, 675 132. 167 39. 453 500, 330 i 13,033 5,851 i 704,000 14, 436 28, 859 1 811,849 13,998 90, 674 j 955,632 16,462 763, 663 775, 312 786, 402 799, 597 6, 779 15, 223 5,896 6, '359 376, 317 382, 225 384, 796 392, 639 14, 601 9, 905 8, 389 | 86, 328 28, 043 i 79,528 36, 551 73, 197 39, 682 67, 903 65, 937 58, 876 57, 030 52, 705 238, 762 196, 712 209,083 223, 001 276, 906 228, 303 254, 584 249, 902 27, 792 84, 257 37, 285 !10:5, 682 11, 529 103, 135 25, 804 132, 957 50, 377 873, 705 1 10, 454 60, 791 | 661,049 18,924 82, 337 j SOS, 924 | 19,098 78, 733 528/857 i 16,740 812, 608 832, 203 847, 373 861,005 7.293 4, 203 8, 304 6, 554 398. 672 400.983 407, 225 411,980 2,899 4,099 3.515 13,103 43, 434 41, 409 42, 895 47, 865 66,075 64, 946 65, 300 64, 930 2, 143 1, 978 1,799 1,523 181, 185 248, 609 290,053 30, 884 275, 834 39, 876 272, 220 34, 292 247, 344 285, 191 239, 302 160, 695 447, 253 252, 854 195, 118 194,987 48, 701 63,221 43, 184 92, 862 80, 778 ; 52.391 ; 78,353 1 71, 955 519,897 ! 13,424 455, 022 12,891 572, 196 i 11,928 398, 950 j 10,396 871, 189 881, 273 890, 394 898, 17y 5, 758 5,312 4,817 4, 853 416, 091 419, 788 423, 147 426. 467 8, 855 6, 032 6,416 5,494 48, 943 47, 998 49, 525 48, 873 63,615 02, 488 61,239 59,495 1,299 1, 293 1,270 1,270 50, 192 78, 257 56, 480 89, 185 262, 234 340, 190 186, 888 283, 985 273, 367 283, 641 235, 256 227, 259 39, 059 92, 561 129, 037 478. 680 8,836 56, 549 96, 076 126, 375 1 543. 490 i 10,612 8, 112 ! 73,600 36, 983 ! 574.096 10,061 58, 727 120,244 130, 971 : 734.854 i 12,496 905, 536 912.568 919, 188 927, 568 f», 243 7,314 6, 822 8,049 430, 060 i 8,977 435, 829 14, 464 440, 046 9,137 440,429 j 9,261 52,279 56, 802 60. 809 50, 443 64,300 i 44,427 62, 267 39, 105 1,267 1,229 1,221 1,100 101,037 10,961 | 97,078 8, 755 93, 963 7, 347 i 90,415 4, 603 3, 268 4, 005 3, 198 2, 249 j 220, 883 254,913 287, 327 _ 265, 954 279, 267 197,. 464 384, 032 310, 014 120, 241 286, 507 112, 255 ji21, 171 473, 272 114,800 10, 825 ii i i "11 ji 1 |: i i i i " ! ! II i i i 1 4 Data on new capital issues as compiled by the New York Journal of Commerce. Details by classes and individual issues are given in that publication. Distribution of capital issues as compiled by the Commercial and Financial Chronicle, the totals here given being slightly smaller than the grand totals compiled by the Journal of Commerce. The columns " New capital" and " Refunding" include all types of financing to be used for the purpose designated. Distribution of bond issues by classes, from 1920 through September, 1924, appeared in June, 1923, issue (No. 22), page 42, and in November, 1924, issue (No. 30), page 137. Further details are given in the Commercial and Financial Chronicle. 3 Sales of securities, by States and municipalities, compiled by The Bond Buyer. 4 New incorporations represent the value of the authorized capital of new enterprises, exclusive of those imder $100,000, incorporated in the principal eastern States as compiled by the New Yorfe Journal of Commerce. Monthly averages from 1913 appeared in November, 1924, issue (No. 39), p. 187. (No, 22), page 47. e The Federal intermediate credit banks under the supervision of the Federal Farm Loan Board are located in the same cities as the 12 Federal land banks, as follows; Springfield, Mass.; Baltimore, Md.; Columbia, S. G.; Louisville, Ky.; New Orleans, La.; St. Louis, Mo.; St. Paul, Minn.; Omaha, Nebr.; Wichita. Kans.; Houston, Tex.; Berkeley, Calif.; and Spokane, Wash. These banks lend money on staple agricultural products and make rediscounts for agricultural credit corporations and livestock loan companies. f Data from the War Finance. Corporation comprise advances for "agricultural and livestock purposes" under the agricultural credits acts on August 24, 1921. Loans to banks and livestock associations were combined because of their parallel trend. Figures on advancements and repayments from 1922 to September, 1924, appeared io, November, 1924, issue (No. 39), page 189: Since that date new advances have pract cally ceased. * Six months' average. • Data not available. 147 Table 116.—CORPORATION STOCKHOLDERS [Base year la bold-faced type] YEAR AND MONTH PENNSYLVANIA RAILROAD CO. AMEEICAN U. S. STEEL COKP. TELEPHONE PENNSYLVANIA (common, stock) AND TELE- BAILBOAD CO. GRAPH CO. Stockholders Stockholders Domestic Foreign I Domestic Foreign Stockholders Percentage of shares Doheld mes- Forby eign broktie ers Stockholders Stockholders Foreign Domestic Relative to 1913 U. S. STEEL COKP. (common stock) Domestic Foreign AMERICAN TELEPHONE AND TELEGEAPH CO. Stockholders Percentage of shares held by brokers Domestic Foreign Number Number NUMERICAL DATA RELATIVE NUMBERS ; 100 100 100 100 100 7.3, 714 105 105 61 20 16 100 115 M01 95 107 155 100 108 112 117 128 141 111 129 61 78 97 91 89 107 101 84 107 117 127 148 ISO 113 122 114 96 110 78, 683 81, 603 So, 343 93, 331 102, 798 1919 quarterly average 1920 quarterly average 1921 quarterly average . _. 1922 quarterly average 1923 quarterly average 1924 quarterly average 153 174 190 187 191 200 15 13 15 26 25 26 177 213 252 235 228 232 96 85 88 90 94 102 79 59 44 47 44 45 217 247 308 409 499 607 119 122 193 221 254 296 111,316 192O March June September _ December 167 172 176 181 14 14 13 13 198 207 216 228 87 86 84 82 65 62 60 49 231 247 252 259 113 113 113 149 188 192 190 191 13 12 12 26 249 251 254 256 84 87 89 90 47 44 42 42 272 289 325 345 170 188 206 209 191 188 185 185 26 26 25 25 254 236 229 223 91 90 91 89 43 47 49 51 i 368 378 430 463 187 188 195 . 194 25 25 25 26 224 221 230 237 89 88 97 100 51 45 40 40 200 201 201 200 27 26 26 26 234 235 229 229 101 101 102 103 43 40 44 51 1913 quarterly average. . 1914 quarterly average 1915 quarterly average 1916 quarterly average 1917 quarterly average 1918 quarterly average 1921 March June September December 1923 March June September December 1923 March June September December 1924 March .. Jur»e September 1925 March June September . __ December 2 ! 11, 358 11,839 11, 816 6,884 2, 235 1,773 1, 727 1, 500 1,743 126, 424 138, 4.50 136, 181 138, 846 145, 644 41, is* 1, 539 r>i. 49 5,1,305 47, 777 » 42, 020 39, 365 44, 531 64, 314 1,697 * 1, 980 939 1,191 1,484 46. 73 56, 932 62, 279 67, 504 78, 597 96, 035 73, 510 1, 475 1,300 1, 311 1,380 1,431 1, 557 40. 65 22. 97 115, 482 131, 643 163, 703 217, 599 265, 638 322, 693 1, 337 1,320 1,287 1,256 33.46 32.09 131, 558 30. 69 25. 17 137, 901 105,355 106,061 1, 283 1,334 1,368 1,379 24. 27 22.61 21.49 21. 44 103,. 261 97, 989 94, 789 92, 281 1,399 1,370 1,384 1, 365 1, 355 1,351 1,481 1,538 88,085 104, 621 97, 580 94, 489 96, 081 2,869 2, 847 2, 926 1, 595 1, 525 1,472 1,409 82,240 85,909 I 139,702 138,243 1,386 1,373 1,362 103, 093 103, 970 ! 138, 847 2,852 213 215 222 234 138, 895 136, 940 2,915 134,279 2,851 134, 609 2,820 242 250 261 262 136, 2i7 136, 356 141, 433 141, 343 2,814 02,711 2,843 | 480 490 507 520 91, 593 95, 462 98, 189 265 273 307 337 145, 325 145, 866 2, 901 146,210 2,903 94,904 ! 558 591 636 642 145, 174 2,913 94, 708 i 121,326 124, 943 127, 768 131, 659 89, 665 94, 520 45.87 55.08 51.88 43.22 30.35 22. 45 24.36 22.76 122,999 134,112 1, 041 1, 175 1,270 1,187 999 1,143 1, 239 1,267 2,013 2, 207 2,644 3,086 1, 173 1, 173 1, 174 1,547 1 _ __ _. 137, 007 ! il |! " "! 2,888 2, 852 2,880 2,986 97, 135 97, 577 1, 542 1,549 1, 558 1,577 144,716 153, 049 172, 770 183, 676 1, 774 1.953 2,146 2,180 22.02 195,008 2,217 24. 09. 25. 05 26.28 201, 303 228, 592 240, 494 2, 309 2,431 26.24 255, 421 23. 34 20. 83 200,440 209> 762 2, 524 2, 603 2, 719 20.62 289, 923 2,729 2,233 22.39 290, 738 2, 700 20. 45 ! 314,227 2,875 22.82 338, 183 341, 625 3,199 3, ,508 20. 21 i " 1 These data showin; the growth of stockholders in three prominent companies—a railroad, a public utility, and an industrial—have been furnished direct by the respective companies an represent the number of holders of common stock on their books at the end of each quarter, i. e., December figures are for December 31 or January 1. a December 31 figures; other quarters of 1915 not available, 148 Table 117.—GOLD AND SILVER [Base year in bold-faced type! SILVER GOLD GOLD Do- Price mesPro- Price in in Im- Ex- tic re- Band Im- Ex- ducLonNew ports ports ports ports ceipts outtion put York don at mint YEAR AND MONTH DomesRand tic receipts output at mint Exports Thousands of dollars Relative to 1913 RELATIVE Imports SILVER Imports Thousands of dollars Fine ounces NUMBERS Production Exports Price in New York Price in London Thou- Dollars Pence per sands of per standard fine fine ounce, ounces ounce 0.92,5 fine NUMERICAL DATA I 1913 mo.av. 100 1914 mo.av. 90 1915ino.av. 709 1916 mo. av. 1,077 1917 mo.av. 867 1918 mo.av. 97 1919 1920 1921 1922 1923 1924 mo.av. 120 mo.av. 673 mo.av. 1, 085 mo.av. 432 mo.av. 507 502 mo.av. 100 243 34 170 405 45 100 100 100 100 100 100 105 107 90 76 58 95 103 105 103 96 72 96 90 149 199 82 85 112 134 403 108 112 111 107 102 92 83 110 136 162 114 ! 401 351 26 40 31 67 48 42 54 58 57 61 95 93 92 80 104 109 249 246 176 197 208 206 381 181 82 100 115 175 85 85 80 83 98 96 100 $7,650 18, 551 2,619 12, 999 30, 990 3,422 148, 050 155, 083 157,830 133. 597 112, 495 86, 472 732, 779 148 172 : $5, 309 4,782 37, 663 57, 166 46, 038 5,170 698, 275 757, 823 772, 128 751, 855 701,722 $2, 989 2,163 2,874 2,689 4,445 5,948 $5, 231 4,300 4,467 5,883 7,011 21, 071 5,567 $0. 598 6,038 .548 6,247 .497 6,201 . 657 5,978 .814 5,651 .968 25. 313 23. 675 31. 315 40. 851 47. 516 186 169 105 113 109 112 207 ! 223 134 125 116 123 6,378 35, 729 57, 604 22, 931 26, 893 26, 643 30, 682 26, 841 1,991 3,073 2,387 5, 137 71, 093 62, 377 80, 183 86, 314 84, 044 90, 234 694, 174 679, 801 676, 216 685, 009 761, 088 799, 780 7,451 7,338 5, 270 5,901 6,204 6,162 19, 918 9,468 4,298 5,234 6,039 9, 158 4,723 4,714 4,477 4,623 5,445 5, 362 Mil 1.009 .627 .675 .649 .668 57. 059 61. 590 36. 841 34. 338 31. 927 34. 136 5, 825 3,792 4,626 4,262 6,921 2,191 4,732 4,336 5,190 4,729 6,110 6,616 .637 .643 .676 .669 31. 928 30. 875 32. 310 32. 346 564 309 306 371 4,461 6,066 10, 066 6,466 3,499 3,581 6,233 7,032 6,835 5,101 5, 406 5,293 .670 .649 .630 .628 32. 611 92 86 ' 27. 573 1923 January ... February _. March..... April _ . 618 158 300 173 111 18 136 9 47 49 44 44 104 96 104 101 195 127 155 143 132 42 90 83 93 85 110 119 110 108 113 112 116 112 117 117 32, 820 8,383 15, 951 9,188 8,472 1,399 10, 392 655 69, 425 72, 284 64, 494 65, 043 764, 469 704, 970 761, 586 743, 651 May June July August 869 366 526 619 11 7 7 29 54 47 63 67 107 103 103 105 149 203 337 216 67 68 119 134 123 92 97 95 112 109 105 105 118 115 112 112 46, 156 19, 434 27, 929 32, 856 824 548 523 2,201 79, 866 69, 422 92, 535 99, 880 786, 755, 754, 769, September. October. _ _ NovemberDecember. 524 561 749 615 11 17 10 9 72 60 73 61 101 108 107 106 285 232 176 273 155 144 168 182 90 98 88 85 107 106 107 108 115 115 119 121 27,804 29,795 39, 757 32, 641 863 1,307 747 712 106, 819 89, 549 108, 432 90,776 739, 504 793, 842 780, 639 778, 849 8,518 6,929 5,269 8,172 8,123 7,523 8,775 9,521 4,988 5, 428 4,894 4,748 .642 .636 .638 .647 31. 698 850 661 * 4 7 11 18 50 61 56 53 109 104 109 105 200 264 208 131 157 170 160 149 84 106 99 85 106 108 107 107 122 122 121 120 45, 136 35, 111 34, 322 45, 418 281 505 817 1,391 74, 392 89, 636 82, 334 78, 870 796, 768 760, 617 795, 671 768, 923 5,980 7,900 6,221 3,908 8,209 8,877 8,355 7,802 4,660 5,916 5,535 4,726 .634 .644 .640 .641 33. 549 33. 5C5 33. 483 33. 065 110 100 113 110 189 163 238 236 185 165 176 165 102 88 89 97 110 112 112 115 123 126 125 124 41, 074 25, 181 18, 834 18, 150 593 268 327 2,397 78,501 65, 443 90, 089 92, 132 809, 003 773, 053 829, 437 809, 571 6,640 4,870 7,128 7,042 9,687 8,648 9,190 8,632 5,666 4,903 4,936 5,426 .655 .667 .672 .685 33. 870 34. 758 34. 509 34. 213 109 113 109 113 237 195 217 196 198 181 180 216 99 101 101 104 116 119 116 114 126 128 122 119 6, 656 19, 702 19, 862 10, 274 4,580 4,125 6,689 39, 675 106, 919 127, 184 106, 488 90, 816 799, 422 827, 583 802, 313 825, 000 7,083 5,829 6, 481 5,864 10, 345 9,465 9,401 11, 280 5,524 5,631 5, 624 5,794 .694 .708 .693 .681 34, 832 35, 387 33, 775 32, 620 244 216 114 117 4, 223 73, 489 87, 030 7,304 11, 308 .682 32, 197 1934 January. __ February _. March April 646 855 Mayy T June July August 774 474 355 342 31 53 44 61 62 September. October NovemberDecember. 125 371 374 194 60 54 87 519 72 86 72 61 80 961 59 1925 January. _. February March April 8 : May June " July August . 1 ! i 1 """ 31.611 30. 923 30. 952 31.718 32. 774 33. 375 i 1 i 1 Imports and exports of gold and silver are from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Domestic receipts of unrefined gold at U. S. mints from U. S. Treasury Department, Bureau of the Mint; Silver prices, average for the month, and Rand gold output from the Engineering and Mining Journal? Production of silver by mines of United States from American Bureau of Metal Statistics, except annual figures previous to 1921, which are from U- S. Department of Interior„ Geological Suney* 149 Table 118.—FOREIGN PRICE COMPARISONS [Index numbers for base year in bold-faced type] UNITED STATES ' CANADA UNITED KINGDOM Can. U.S. Lon- British All Fed. don Board Goods Goods comDe?t. ex- modiimRes. Econo- of ported ported ties Labor Board mist Trade YEAR AND MONTH U.S. Fed. Res. Board FRANCE JAPAN Gen. U.S. ITALY SWEDEN Stat. Fed. BuRes. reau Board SWIT- AUS- INDIA ZER- TRA- (CalBank U.S. Fed. LAND LIA cutta) of (12) (10) Res. Japan Board Relative to 1913 Relative to July, 1914 1913 monthly av 1914 monthly av 1915 monthly av 1916 monthly av 1917 monthly av 1918 monthly av 100 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av 1923 monthly av 1924 monthly av 174 191 108 123 147 141 222 235 136 157 183 178 211 239 148 158 164 159 217 246 182 165 166 165 207 250 167 149 150 147 235 283 181 159 162 174 314 202 159 159 166 241 310 198 165 170 176 357 510 345 327 419 489 512 344 319 395 446 364 624 578 562 574 585 347 211 162 157 155 1923 May June . July August 155 148 141 136 179 182 170 166 167 164 159 159 169 167 166 164 155 153 151 150 164 160 155 155 160 159 157 155 173 171 168 164 407 409 407 413 386 394 396 391 580 568 566 567 158 160 157 163 . ._ 144 150 147 148 176 182 196 199 163 163 163 163 163 163 164 164 149 147 145 144 158 160 169 170 158 158 161 163 165 166 171 177 424 421 443 459 404 404 416 427 569 563 571 577 1934 January _ . . _ _ . _ _ February March April .. 143 148 145 140 196 189 179 182 163 163 160 158 164 166 166 164 146 148 147 143 173 173 172 172 165 167 165 165 178 180 180 181 494 544 499 450 445 469 483 428 May June July August 133 129 132 139 183 179 180 177 156 154 156 158 163 163 164 165 143 145 147 149 168 168 173 172 164 163 163 165 177 174 174 173 459 465 481 477 143 146 150 149 163 167 169 171 156 159 160 165 164 165 165 168 146 148 148 149 176 180 175 180 167 170 170 170 172 175 176 177 486 497 503 607 September October November December 100 100 100 101 110 135 177 206 - September. . October November December 100 . .. _ 1925 January... February March April 100 99 123 160 204 225 100 100 10O 101 137 187 262 339 100 100 95 133 202 299 409 100 100 96 97 117 149 193 235 259 200 196 13192 208 100 100 100 141 132 155 170 100 181 182 188 326 196 166 181 175 180 218 167 154 171 165 204 181 180 176 178 (13) 187 186 183 179 181 180 175 173 170 178 180 175 177 175 170 171 155 153 151 150 210 212 209 210 190 196 199 205 181 182 183 183 172 171 173 174 174 174 177 179 571 573 579 579 152 153 154 156 211 208 206 207 205 200 200 201 183 180 182 181 174 170 167 166 172 178 179 174 428 442 440 442 571 566 567 672 151 149 148 152 205 199 195 200 200 189 191 196 178 173 171 170 165 163 163 162 176 176 179 180 436 442 449 451 580 602 621 640 153 162 162 163 206 213 214 213 198 206 210 169 169 169 170 162 163 163 165 179 181 180 176 199 198 192 177 May June. ........ _ .. July August 1 Data in the first three columns are original compilations of the Federal Reserve Board constructed for the purpose of international price comparisons; basic prices are obtained from trade journals and private firms and weighted according to the 1913 volume imported and exported, respectively, for "imported goods" (19 commodities) and "exported goods" (39 commodities). The Total index number (101 commodities) includes also goods produced, weighted by production in 1913, and goods consumed, weighted by consumption in 1913. 2 Compiled by the Canadian Department of Labor: quotations on 272 commodities, unweighted. 2 Compiled by the Federal Reserve Board on the same basis as their United States index for international price comparison. Detailed descriptions of these index numbers may be found in the following numbers of the Federal Reserve Bulletin: United Kingdom, February, 1922, pp. 147-153; Canada, July, 1922, pp. 801-806; France, August, 1922, pp. 922-929; Japan, September, 1922, pp. 1052-1059. 4 Compiled by the London Economist: quotations on 44 commodities; mostly raw materials, unweighted. * Compiled by British Government Board of Trade; quotations on 150 commodities. 76 Compiled by Bulletin de la Statistique Glnerale of the French Ministry of Labor and Social Welfare; quotations on 45 commodities, mostly raw materials, unweighted. Compiled by Prof. Bachi; quotations on 38 commodities until 1920, thereafter 76 commodities. * Compiled by Svensl Handelstidning as of the middle of each month; 47 quotations. c Compiled by the Bank of Japan; quotations in Tokyo on 56 commodities, unweighted. « Compiled by Neue Zuricher Zeitung as of the first of each month; quotations on 71 commodities. 11 M Compiled by the Australian Commonwealth's Bureau of Census and Statistics; quotations on 92 commodities, weighted by consumption. Compiled by the Indian Department of Statistics; quotations on 75 commodities. 13 August, 1923, average not compiled because of earthquake; 1923 yearly average is based on 11 months. 150 Table 119.—FOREIGN EXCHANGE1 [Relative numbers for base year in bold-faced type, numerical data on opposite page] EUROPE England YEAR AND MONTH France Italy THE AMERICAS ASIA. Bel- Nether- Swegium lands den Switzerland Japan India * Can- Argen- Brazil ada tina Chile INDEX NUMBERS «10O 100 Relative to par 100 100 101 97 99 109 119 98 99 102 103 107 95 76 84 98 99 99 98 88 90 99 94 94 103 101 97 96 97 83 83 80 54 59 64 65 97 97 98 99 99 99 100 101 97 95 96 98 96 96 97 98 31 28 28 30 98 98 98 98 100 99 99 99 97 97 96 95 25 24 22 22 30 28 25 24 97 98 98 98 99 99 99 99 30 31 29 27 23 23 23 23 25 26 25 24 98 97 95 95 88 89 88 89 24 23 24 32 23 23 22 23 22 20 20 27 May June July August ... 90 89 00 92 30 27 26 28 23 23 22 23 September October November December 92 92 95 97 27 27 27 28 98 28 100 106 98 98 98 98 10O 100 103 94 88 90 92 101 87 80 71 69 91 75 79 91 94 91 71 36 39 42 32 27 59 26 22 25 24 23 G6 38 38 40 27 24 97 86 84 96 97 95 91 91 92 95 40 38 36 38 22 22 23 26 37 38 33 34 January . February March April 96 96 97 96 35 32 33 35 25 25 25 26 M-iy -June Julv August 95 95 94 94 34 33 31 30 September. October November I">6Cfiiiiber_ 93 93 90 90 1924 January Februarv... . March April .. Far value 1914 average.. 1915 average . 1916 average 1917 average 1918 average . . - 1919 average.. 1920 average ,. 1921 average 1922 average 1923 average .. 1921 average __ _ _. 1923 September.... „ October November December.. . . .. ... 1OO 100 1OO 100 100 100 100 98. 100 103 104 72 73 77 78 96 89 90 99 98 99 103 94 76 85 81 81 82 69 40 40 31 34 115 95 62 63 63 54 88 65 62 69 Go 60 59 59 61 63 100 100 100 100 84 84 85 89 39 35 37 37 70 70 63 64 68 67 67 70 98 97 97 98 65 65 65 64 99 99 98 98 88 87 87 86 35 35 34 33 66 61 65 63 68 67 67 67 93 93 91 94 99 98 98 98 64 64 63 63 98 98 97 98 85 83 81 77 32 32 32 30 66 69 65 63 66 66 63 62 99 99 98 98 93 93 91 90 98 98 97 94 63 64 63 64 98 99 98 98 78 76 * 74 75 30 29 27 29 C3 60 57 55 63 63 61 60 93 93 92 93 98 98 98 93 90 90 90 91 90 91 88 82 63 62 61 63 97 97 97 98 76 79 79 78 34 37 35 35 53 52 50 54 59 58 58 63 25 24 24 26 93 93 94 97 99 99 99 99 92 92 94 97 81 82 83 83 63 63 68 68 98 98 99 100 77 77 77 79 34 33 31 31 56 54 52 51 62 60 59 61 23 23 22 22 25 25 25 26 96 97 100 100 99 99 100 101 98 99 100 101 83 78 77 77 68 69 71 72 100 100 100 100 83 87 89 92 31 35 35 35 53 67 58 58 61 61 61 62 22 26 100 101 100 77 73 100 94 36 58 64 1923 . I 1925 Januarv February March April May June July.— August . _. . j ! _ See footnotes on opposite page also. 1 Daily averages of noon rates for cable transfers reported to the Treasury daily by the New York Federal Kfserve Rank. Average figures for the years 1914 to 1918, inclusive, where given, are weekly averages of commercial quotations from the Annalist. For figures on Germany, which have now been discontinued owing to almost complete collapse of the mark, see August, 1923, issue (No. 24), p. 183. Monthly figures on all items back to 1920 may be found in the May, 1922, issue (Xo. 2 9), p. 135. Parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents. 151 Table 120.—FOREIGN EXCHANGE1 [Base year in bold-faced type; relative numbers on opposite page] EUBOPB England YEAR AND MONTH France Italy Belgium THE AMERICAS ASIA Nether- Sweden Switzerlands land Japan India * Canada Argentina Brazil Chile Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per 1 Rate per Rate per Rate per Rate per Rate per gold pound paper milreis franc guilder rupee dollar lire franc krone franc | yen peso peso sterling $187 5,14 4.78 4.76 4.76 4.76 $0.195 .199 .182 .170 .174 .178 $& m 4.43 3.66 3.85 4.43 4.57 4.42 .137 .070 .075 .082 .061 .052 .114 .056 .043 .048 ,046 .044 .128 .074 .074 .077 .052 .046 .391 .344 .336 .385 .391 .382 4.43 4.44 4.48 4.61 .077 .074 .060 .072 .043 .042 .045 .050 .072 .069 .064 .066 4.. 65 4.|59 4.70 4.66 .067 .061 .063 .070 .049 .048 .049 .050 4.63 4.61 4.58 4.56 .067 .063 .059 .057 4 54 4. 52 4.38 4.36 .Taimarv February March April Par value . 1914 average-- ... 1915 average 1916 average 1917 average 1918 average $&ra $0.403 .941 .964 .997 .999 .234 .236 .249 .253 .956 .893 .896 .985 .980 .987 .990 .907 .730 .818 .786 .781 .267 .225 .131 .129 .102 .109 .226 .185 .121 .122 .122 .105 .287 .288 .295 .306 1,000 1,001 1.000 .994 .811 .814 .822 .856 .125 .113 . 119, .119 .137 .136 .124 .124 .487 .484 .485 .487 .317 .318 .316 .314 .991 .987 .981 .980 .847 .842 .841 .832 .114 .114 .111 .106 .128 .126 .127 .123 .180 .179 .176 .181 .491 .491 .488 .489 .311 .310 .308 .305 .979 .977 .974 .977 .817 .805 .777 .745 .104 .104 .104 .098 .128 .134 .126 .122 .365 .264 .263 .263 .179 .179 .176 .175 .486 .488 .484 .470 .306 .311 .309 .310 .977 .986 .981 .976 .749 .737 .712 .723 .097 .095 .088 .093 .124 .118 .111 .107 .374 .374 .371 .372 .262 .262 .263 .264 .173 .174 .173 .176 .449 .454 .429 .409 . 305 .303 .299 .304 .974 .969 .970 .981 .737 .765 .766 .748 .109 .120 .115 .112 .104 .101 .098 .105 .049 .046 .046 .050 .374 .374 .379 .388 .265 .265 .266 .266 .177 .177 .182 .188 .402 .411 .414 .413 .306 .305 .313 .323 .983 .984 .993 .999 .746 .739 .741 .767 .110 .108 .099 .099 .110 .106 .101 .100 .044 .044 .043 .043 .049 .048 .048 .050 .385 .391 .401 .404 .266 .266 .268 .270 .189 .192 .193 .194 .412 .388 .385 .384 .329 .337 .344 .353 .999 1.000 1.000 .997 .800 .836 .855 .883 .101 .112 .155 .115 .104 .111 .113 .113 .042 .051 .404 .270 .193 .385 .357 .997 .911 .117 .114 $0. 187 .255 .205 .225 .262 .266 .265 .190 .169 .174 .191 .181 .182 .512 .504 .482 .478 .486 .412 .403 .389 .262 .287 .311 .318 .388 .390 .393 .398 .265 .266 '.268 .269 .188 .184 .184 .189 .481 .481 .484 .489 .061 .054 .055 .058 .398 .395 .395 .392 .269 .266 .266 .266 .188 .188 .186 .182 .048 .046 .043 .043 .057 .054 .049 .046 .391 . 392 .392 ,393 .266 .268 .265 .266 .059 .060 .055.053 .044 .045 .044 .043 .049 .051 .047 .046 .393 .391 .380 .380 4 ">6 4.31 4.29 4.35 .047 .044 .047 .062 .043 .044 .043 .044 .042 .038 .039 .052 May _ _ June July August 4.36 4.32 4.37 4.50 .058 .053 .051 . .055 .044 .043 .043 .044 September October _ November December. 4.46 4.49 4.61 4.70 .053 .052 .053 .054 4.78 .054 _ 1933 September . October November Decerni>er *$o. m $0.324 $0.499 .491 .495 .507 .513 .533 1919 average 1920 average 1921 average 1922 average. 1923 average 1924 average $1.000 $0. 965 $0. 193 .194 .187 .191 .211 .229 $0. 263 .195 .169 .155 .137 .134 19&3 January.. February March April Mav June Julv.._ August ,_ _ i September October November December _ _ 1934 1935 January February March April May June July August. __ i' | _ _ i I 1 i See footnotes on opposite page also. ! The foreign exchange index number recently computed by the Federal Reserve Board is based upon the average rates of exchange for 17 countries, Germany excluded, and is here substituted for the weighted geometric average previously published. The index represents the "aggregative" average of cable transfer rates on these countries and is based on the total volume of imports and exports of merchandise, gold, and silver from and to each country for the preceding 12 months. The countries used in computing the index are Belgium, Denmark, England, France, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, Canada, Argentina, Brazil, Chile, China, India, and Japan. The method of computation and the reasons for the change are explained in detail in the Federal Reserve Bulletini ffor October, " "" page 1260. 1922, 4 Average value of the paper peso in 1913. 152 Table 121.—IMPORTS BY GRAND DIVISIONS' [Relative numbers for base year in bold-faced type; numerical data on opposite page] YEAR AND MONTH Total Ger- France Italy many FROM SOUTH AMERICA FROM NORTH AMERICA FROM EUROPE United King- dom Total Total Canada FROM ASIA AND OCEANIA FROM AFRICA GRAND TOTAL Argentina Total Japan Total Relative to 1913 1913 1914 1915 1916 1917 1918 monthly average. _ monthly average. _ monthly average. monthly average.. monthly average. . monthly average. _ 100 91 63 73 64 37 100 100 100 100 100 100 100 100 100 100 100 75 56 78 71 43 81 24 3 0 0 100 93 109 66 44 106 95 112 103 65 113 131 169 224 250 115 125 167 291 318 116 163 216 302 308 220 370 455 697 893 100 116 193 271 330 107 109 184 256 305 83 146 261 308 360 100 100 99 133 165 169 1919 1920 1921 1922 1923 1924 monthly average. monthly average ._ monthly average.. monthly average. _ monthly average. . monthly average. _ 87 142 88 115 134 127 89 119 102 103 108 106 6 48 44 64 88 76 107 136 113 116 167 136 114 189 88 131 149 135 297 427 194 211 257 255 348 431 236 256 293 281 347 384 149 191 236 235 779 812 234 335 451 294 378 467 207 277 341 310 414 419 254 358 351 344 473 633 170 274 367 305 218 294 140 177 212 201 _. ... 113 161 131 135 96 151 106 102 70 85 67 70 95 157 147 195 141 201 149 137 164 250 218 206 237 395 293 312 167 235 239 237 394 395 401 450 244 397 300 310 326 570 418 402 132 203 393 461 200 185 195 197 1933 January February .._ March .. April 144 125 168 147 123 89 131 119 90 68 98 89 186 144 239 159 148 155 218 183 220 232 356 318 258 239 276 306 251 252 323 281 548 506 634 706 361 331 369 381 376 301 398 321 896 472 546 419 220 203 266 244 May June July August .. 142 124 115 117 106 92 85 95 83 79 86 90 125 152 124 122 194 | 141 124 109 323 276 239 214 301 298 304 302 299 221 194 176 792 590 501 282 407 376 344 336 402 292 365 387 456 278 207 199 249 214 192 184 September October November December ......... .. ... .__ ...... 118 147 130 129 91 137 110 114 90 102 87 89 126 201 232 190 115 i 145 122 128 205 268 226 209 280 320 325 303 168 224 211 225 187 248 172 200 270 288 321 313 320 296 349 398 144 144 256 384 170 206 195 193 1924 January February March April 122 137 119 117 93 117 114 110 73 83 65 63 130 121 119 156 136 152 126 127 231 304 352 291 270 279 371 280 230 220 216 209 192 282 633 349 314 349 253 397 422 317 196 300 591 371 499 356 198 222 215 217 May June July 117 111 114 111 97 81 93 96 64 69 81 77 107 105 110 89 115 108 102 114 286 246 250 216 282 279 271 256 235 232 250 208 352 334 305 201 317 268 263 256 330 261 324 359 162 244 149 144 203 183 186 170 September 137 148 136 154 109 122 117 125 86 90 77 83 125 196 173 197 144 161 157 174 228 231 220 213 264 285 297 308 185 255 254 269 256 223 215 295 310 315 307 372 432 355 344 481 155 209 210 564 192 208 198 223 1922 September 2 October November December November December -. 1925 232 j May July ! J See footnotes on opposite page. 153 Table 122.—IMPORTS BY GRAND DIVISIONS ' [Base year In bold-faced type; relative numbers on opposite page] FROM NORTH AMERICA FROM EUROPE Total YEAR AND MONTH France Germany Italy United Kingdom Total Canada FROM SOUTH AMERICA Total Argentina FROM ASIA AND OCEANIA FROM j AFRICA GRAND TOTAL Total Japan Total i Thousands of dollars 1913 monthly average -_ $72,056 1914 monthly aver age- _ 65, 293 1915 monthly average- _ 45,529 1916 monthly average. _ 62,776 1917 monthly average .. 45, 929 1918 monthly average- _ 26, 510 $11, 578 $15, 351 8,685 6,493 9,074 8,220 4,959 12, 449 62, 644 1919 monthly average _ _ 1920 monthly average. _ 102, 320 1921 monthly average- . 63, 745 1922 monthly average. 82,600 96, 421 1923 monthly average. _ 1924 monthly average. . 91, 363 10, 318 13, 805 11,824 11, 901 12, 468 12, 303 3,746 485 13 26 884 7,403 6,690 9,791 13, 433 11,605 $4,610 4,601 4,297 5,020 3,040 2,028 $23,663 23,949 21,525 25,457 23,340 12,385 $32, 485 36, 783 42, 455 64, 870 72, 665 81, 218 4,922 6,280 6,191 6,328 7,689 6,250 25, 766 42, 821 19, 900 29, 739 33, 673 30, 540 6,481 138, 555 62, 904 68, 538 83, 460 82, 923 $11, 844 13, 669 14, 800 19, 771 34,473 37, 641 41,225 50,989 27,953 ! 30, 337 34, 667 33, 257 $ 16, 523 19, 127 26, 857 35, 634 49, 902 60, 911 $2, 131 4,690 7,890 9,691 14, 855 19, 032 $26, 344 26, 265 30, 489 50, 865 71, 455 86, 837 $8, 245 8, 808 9,026 ! 15, 174 21, 139 ! 25, 162 $1, 978 1,638 2,887 5,158 6,089 7,126 $149, 383 149, 106 148, 216 199, 303 246, 039 252, 601 67, 294 63, 417 24, 635 29, 897 38, 952 38, 873 16,597 17, 315 4,994 7, 140 9,606 6,276 99, 696 123, 058 54, 447 72, 955 89, 918 81, 692 34, 154 34, 548 20, 939 29, 525 28, 912 28, 338 9,349 12, 524 3,365 6,410 7,255 6,029 325, 364 439, 873 209, 096 259, 396 316, 006 300, 880 ±922 66, 810 28, 081 46, 809 34, 692 36, 983 27, 605 38, 861 39, 456 39, 187 8,405 I 8,408 8, 555 9,595 | 64, 402 104, 640 79, 122 81, 558 26, 870 46, 970 34, 454 33, 156 2,615 4,024 7,766 9,117 298, 493 276, 104 291, 805 293, 789 71, 445 75, 391 115, 741 103, 346 30, 597 28, 291 32, 705 36, 249 41, 455 41, 654 53, 436 46, 422 11,676 | 13,511 ! 15, 052 95, 050 87, 279 97, 210 100, 313 31, 041 24, 850 32, 788 26, 489 17, 729 9,340 10, 801 8,294 329, 254 303, 407 397, 928 364, 253 104, 820 89, 609 77, 486 69, 396 35,638 ! 35, 331 36, 038 35, 794 49, 401 36, 443 32, 105 29, 157 16, 875 12, 579 10, 670 6,017 107, 092 99, 012 90, 582 88, 438 33, 113 24, 111 30, 179 31, 948 9, 015 5,505 4,089 3,944 372, 545 320, 234 287, 434 275, 438 26, 132 32, 823 66, 575 73, 427 67, 846 27, 830 36, 980 34, 923 37, 150 3,993 5,289 3,670 4,256 71, 013 75, 890 27,634 33, 116 37, 850 38, 452 35, 936 84,580 82,506 26, 365 24, 430 28, 783 32, 844 2,854 2,843 5,065 7, 593 253, 645 308, 291 291, 333 288, 305 30, 835 34, 535 28, 460 28, 893 75, 197 98, 884 114, 344 94, 395 31, 948 33, 018 35, 749 33, 178 37, 967 36, 425 43, 974 4,098 6,018 11, 359 7,444 82, 680 91, 980 66, 619 104, 501 34, 812 26, 128 16, 134 24,728 11, 686 7,332 9,880 7,033 295, 506 332, 323 320, 482 324, 291 4,924 4,832 6,049 4,108 26, 128 24, 480 23, 050 25, 877 93, 054 80, 019 81, 137 70, 051 33, 343 33, 031 32, 115 30, 279 38, 883 41, 368 34, 433 7,511 7, 108 6,494 4,277 83, 537 70, 605 69, 325 67, 374 27, 184 21, 529 26, 755 29, 613 3,203 4,834 2,947 2,848 302, 988 274, 001 278, 594 254, 542 5,745 9,026 7,986 9,084 32,700 36, 525 35, 699 39, 349 73, 935 75, 109 71, 362 69, 135 31, 297 33, 774 35, 144 30, 633 42, 103 41, 925 44, 524 6,455 4, 745 4,582 6,294 81, 554 82, 899 80, 959 98, 017 35, 588 29, 308 28, 347 39, 626 3, 064 4,128 4, 156 11, 165 287, 144 310, 752 296, 148 333, 174 81, 677 116, 530 94, 517 97, 118 11, 146 17, 495 12, 227 11, 800 10, 683 13, 035 10, 250 10, 818 4, 395 7,258 6,767 8,971 31, 846 45, 541 53, 194 81, 051 33,665 70,943 31, 033 103, 575 89, 748 120, 740 105, 877 14, 275 15, 131 13, 730 13, 789 10, 476 14, 997 13, 642 8,597 6,659 11, 008 7,309 33, 579 February March April May June July August 102, 217 89, 665 83, 171 84, 505 12, 300 10, 683 9,818 11, 030 12, 762 12, 092 13, 166 13, 777 5,769 6,999 5,729 6,646 44,039 September October November December 85, 374 105, 673 93, 338 93, 210 10, 542 15, 917 12, 756 13, 184 13, 742 15, 727 13, 350 13, 673 5,822 9,248 10,704 8,778 88,018 10, 818 13, 587 13, 254 12, 731 11, 245 12, 716 9,952 9,604 5,992 5,600 5,502 7,199 84, 270 80, 189 11, 283 82,040 79, 923 10, 720 11, 060 9,831 10, 611 12, 502 11, 886 98, 939 106, 559 97, 949 110, 721 12, 630 14, 119 13, 596 14, 436 13, 157 13, 753 11, 894 12, 793 November December 1933 1924 January February March _ April 98, 879 85, 799 83, 970 May July A ugust September October November December • 10,277 9,393 35,200 49, 390 41, 495 31, 914 j 28, 152 24, 721 86,904 28, 995 | 3, 6489 34,528 38,368 10,782 ; 1935 346, 000 ! ::::::;;::::::::::::: * March April May June July August i j . . i II Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent imports of merchandise only. Up to and including May, 1921, import values represented "actual market value or wholesale price at the time of exportation to the United States, in the principal markets of the country from whence exported, including the value of all containers and coverings, whether holding liquids or solids, and all other costs, charges, and expenses incident to placing the merchandise in condition, packed ready for shipment to the United States." (Tariff act of 1913.) Beginning with June, 1921. the import values are either the actual foreign market value, as defined above, or " the export value, including any export tax imposed by the country of exportation," whichever is higher. (Emergency tariff act of May 27, 1921.) ' ling 9 days of September are included in th 1 154 Table 123.—IMPORTS BY CLASSES OF COMMODITIES' [Base year in bold-faced type] Food- Food* Manufacma- stuffs in stuffs terials crude partly tures for for or use condition wholly further use in in and manu- manumanii" food facfacfaetured turing turing aniCrude Total YEAE AKD MONTH mal* Manu- fac- tures ready for con- Miscellaneous Total sumption ManuFood- factures Manufor stuffs partly or further factures ready wholly use in manu- manu- for confactured factur- sumption Thousands of dollars RELATIVE NUMBERS NUMERICAL DATA 100 100 100 100 100 100 100 100 99 133 165 1G9 99 115 167 209 202 106 110 118 175 150 129 138 171 177 200 81 77 123 159 191 99 71 84 04 98 118 92 134 120 91 1919 mo. average-, 1920 IDO. average., 1921 mo. average., 1922 mo. average.. 1923 mo. average.. 1924 mo. average.. 213 295 139 174 212 201 277 290 111 191 229 2G4 247 261 133 150 164 192 280 0*0 186 195 267 263 179 236 101 161 212 192 119 2J2 150 182 187 182 379 2J3 136 129 141 150 Mis- cellaneous ing Relative to 1913 1913 mo, average— 1914 rno, average.., 1915 mo. average™. 1916 mo. average.. 3917 mo. average., i 191S mo. average.. I FoodCrude materials instuffs crude for use in manu- condition and food facturing animals $M9, 383 149, 106 148, 216 199, 303 246, 039 252, 601 $50, 463 49, 790 57, 991 84, 132 105, 682 101, 780 $18, 413 19, 561 20, 242 21, 678 32, 144 28, 795 $ 16, 518 21, 378 22, 770 28,226 29,287 33, 114 $28,355 23, 006 21, 748 34,822 45, 124 54, 080 134,401 33, 936 24, 335 28, 798 32, 327 33,742 &,m 1 j j ! I j 325, 364 439, 873 209, 096 259, 396 318, 006 300, 880 139, 521 146, 073 71,090 96, 381 115, 737 103, 097 45, 441 48, 136 25, 331 27, 660 SO, 234 35, 410 46,308 103, 179 30, 737 32,290 44, 134 43, 501 50, 860 66, 835 28, 669 45, 793 59, 976 54, 430 41, 028 73, 094 51, 577 55, 642 64, 212 62, 596 2, 210 2,633 1,681 1,590 1,734 1,847 86, 818 137, 652 111, 146 123, 937 18, 729 37, 464 32, 650 31, 221 24,023 30, 289 31, 770 26, 196 41, 766 Co, 674 66, 759 58, 007 54, 036 71, 746 58, 309 62, 673 4121 2,279 1,171 1, 755 139,094 28, 613 28, 597 38, 298 32, 866 31, 269 38, 641 71, 024 60,252 64, 650 55, 413 73, 017 64, 052 63, 935 52, 267 69, 830 62, 400 1,693 1,027 1,072 1,073 107, 047 94, 589 28? 839 21, 657 23, 783 21,058 59, 893 53, 328 37, 590 33, 010 73, 074 62, 422 56, 169 58, 130 65, 320 61, 462 62, 492 66,983 495 416 353 1,668 ! I 1,459 1,130 1,648 1,476 1,117 ! 1933 September 2 ...... October No v ember December . . , 200 1S5 195 197 1933 Januarv February . ...... March April 220 203 266 244 ! 172 273 220 24G 102 203 177 170 147 232 200 205 145 183 192 159 157 209 169 153 834 185 95 142 i 1 ! ! | 298, 493 276, 104 291, 805 293, 789 329, 254 303, 407 397, 928 364, 253 i I 186 152 203 181 137 83 87 87 j 430 365 228 195 258 229 157 134 129 114 363 323 228 200 2nS 220 198 205 190 179 182 106 40 34 29 135 i 158 1S3 194 204 144 185 218 192 202 291 215 100 174 202 179 191 183 214 186 ISO 337 222 232 264 253, 645 308, 291 291, 333 288, 305 77, 410 92, 273 97, 814 303,037 26, 479 34, 055 40, 134 35, 434 33, 321 48,069 35, 590 27, 413 49, 277 57, 386 50, 825 54, 207 62, 997 73, 773 64, 110 64, 961 4,161 2,735 2,860 3, 253 198 222 215 217 ! 209 | 232 202 219 177 166 187 192 234 356 407 355 205 235 198 193 169 168 172 186 214 190 122 96 29o, 506 332, 323 320, 482 324, 370 105, 634 117, 322 102, 157 110, 558 32, 631 30, 540 34, 465 35, 316 38, 586 68, 763 67, 294 £8, 652 58, 032 66, 650 56, 175 54,609 58,029 57,881 59, 014 64, 103 2,637 2,344 1, 511 1,189 ,- 203 188 186 170 200 ' 176 j 177 ! 106 204 186 213 171 308 253 215 184 172 171 160 106 179 176 381 195 35 34 60 144 302, 988 274, 001 278, 594 254, 542 104, 120 88, 625 89, 171 83, 630 37, 484 34, 234 39, 145 31, 480 50, 581 41, 734 40, 389 30,400 48, 650 48, 420 45,270 47, 211 •61, 679 60, 587 62, 108 60, 128 432 415 736 1,781 September _ „_October.November... . December 192 208 198 224 I 358 231 207 218 233 234 176 169 187 200 187 215 193 205 179 206 373 188 158 177 287, 144 96, 325 100, 113 112, 843 131, 701 29, 163 42, 443 38,074 40, 098 38, 514 38, 695 29,091 27,896 53, 043 56, 654 52, 931 60, 923 66, 414 70, 574 61, 463 70, 759 4,667 2,319 1,948 2,185 276 253 287 283 155 208 178 184 287 234 212 187 Sept ember October November December 170 206 195 193 ! 19:34 January Febrparv March ,.._> April 1 249 214 May-,., June July August J09 . -- May Jiin^ July August i 189 191 198 224 261 1 127, 467 144, 657 142, 710 j 372, 545 320, 234 287, 434 275, 438 144, 924 117,999 ! ! 310,752 296, 358 333, 582 i 1935 January February March April 232 . May . June Julv ., A n p'ust . ° 1 346, 000 " i"" 1 ! I i i i i i Data from U. S. Department of Commerce, Bureau of Foreign and .Domestic Commerce-. For changes in valuations, see footnote on preceding page. -Figures for September, 192^, include first 21 days only, during which period the old tariff law wasfin effect; remaining 9 days included with October, 155 Table 124.—DOMESTIC EXPORTS BY CLASSES OF COMMODITIES [Base year in &oltf-feced type] YEAH jiND MONTH Crude material for Total use in !m anilfa*| taring Foodstuffs ill crude condition and food animals Foodstuffs partly or wholly manufactured Manufactures for further use in manufacturing Manufactures Misready cellafor neous consumption Total Crude materials for use in manufacturing ManuFoodFoodfactures Manufor stuffs stuffs factures in crude partly or further ready use in condition wholly for conand food manu- manu- sumption animals factured facturing Relative to 1913 Thousands of dollars RELATIVE NUMBERS NUMERICAL DATA Miscellaneous ! 100 162 272 249 300 323 100 100 100 95 170 200 249 434 85 120 230 332 265 82 16.8 336 346 265 100 278 1,514 1,162 641 233 $204, 024 172, 675 291, 104 451, 887 513, 934 503, 990 $04, 017 40, 938 47, 280 60, 118 65,061 79, 432 §14,121 22, 939 38, 470 35, 107 42, 406 45, 620 $37, 023 25, 727 45, 880 54, 003 67, 228 117, 152 $33,066 27, 949 39, 641 76, 022 109, 835 87, 773 $85, 120 53, 243 109, 584 218, 780 225, 066 172, 437 9676 1,877 10, 238 7,857 4,337 1, 577 400 542 409 152 231 COS 344 207 181 180 177 232 242 101 110 142 154 328 410 208 165 189 203 160 145 97 88 79 81 645, 818 673, 402 364, 911 313, 776 340, 893 374, 813 134, 178 155, 902 81, 997 81, 800 100, 170 110, 524 56, 530 • 76, 498 57, 687 38, 212 21,457 32, 678 163, 551 93, 080 55, 805 48, 965 48, 608 47, 837 76, 854 79, 909 33, 270 36, 484 46, 977 50, 880 213, 625 267, 032 135, 497 107, 720 123, 147 132, 349 1, 079 9SO 654 592 535 546 104 209 225 177 391 289 238 184 160 177 190 183 106 100 102 108 165 169 169 175 53 94 149 119 307, 563 366, 186 374, 548 339, 251 66,611 133, 700 144, 333 113,343 55, 149 40, 798 33, 615 26, 021 43, 229 47, 921 51, 471 49, 362 34, 964 32, 940 33, 850 35, 867 107, 253 110, 190 1 10, 274 113, 855 357 637 1,005 803 Io2 148 163 156 159 121 125 111 172 192 137 126 188 184 204 188 131 119 139 151 168 165 203 197 132 102 117 70 330. 777 302, 010 333, 490 318, 553 102, 073 77,207 79, 914 71, 130 24. 213 27, 167 19, 364 17, 730 50, 742 49, 807 55, 025 50, 801 43, 235 39, 382 45, 978 49, 917 109, 618 107, 760 132,420 128, 493 891 687 789 476 May June July August 152 153 145 149 83 107 95 102 184 151 138 169 182 154 130 158 151 149 149 139 201 202 198 195 45 43 28 28 309, 390 312, 178 295, 725 304, 758 53,300 68, 278 60, 531 65, 448 25, 997 21, 336 19,510 23, 897 49, 132 41, 529 37, 517 42, 635 50,006* 49, 206 49, 337 45, 813 130, 653 131, 543 128, 640 126, 779 302 287 190 186 September October ._ _ November December 183 192 194 206 205 231 250 285 192 154 102 105 172 187 194 210 136 139 148 154 191 190 182 177 76 85 139 87 374, 191 392, 207 395,667 421, Oil 131, 500 149, 803 160, 346 182, 515 27, 171 21, 747 14, 461 14,874 46, 493 50, 664 52, 295 56, 653 45, 039 45, 980 48, 955 50, 871 124, 233 123, 440 118, 668 115, 511 513 573 942 587 1924 January February _ __ _ March ._, April ... 191 176 182 165 207 178 333 126 98 99 106 94 230 193 184 158 105 152 151 154 196 196 201 227 95 103 93 C7 389, 054 358, 576 331,511 335, 645 132, 749 113,862 85, 436 80, 620 13, 792 13, 927 14, 968 13, 336 59, 319 52, 287 49, 825 42, 681 54, 627 50, 374 50, 059 60,980 127, 928 127,433 130, 597 147, 574 639 693 628 454 May _. June July August 160 146 133 159 120 97 87 98 75 106 90 224. 139 126 138 165 161 153 140 143 228 210 181 212 37 48 47 71 325, 758 298, 682 270, 697 325, 065 76, 855 62, 387 55, 972 62,913 10, 638 15, 021 12,673 31,596 37, 480 34, 035 37, 367 44, 534 53, 078 50, 462 46, 340 47, 176 147, 456 136, 450 118, 126 138, 369 251 327 319 477 September October November December 205 254 238 215 200 254 307 263 462 710 415 280 184 223 203 201 150 161 154 162 194 217 192 187 65 113 131 100 419, 232 518, 357 486, 483 438, 650 127,998 162, 442 196, 385 168,273 65, 281 100, 285 58, 599 39, 516 49, 617 60, 330 64, 800 54,388 49, 565 53, 354 50,872 53, 704 126, 333 141, 179 124, 939 122, 003 438 767 888 676 1013 mo. average.. 1914 mo. average.. 1915 ino. average... 1916 mo. average 3917 mo. average.. 1918 nio, average.. 100 85 113 221 1919 mo. average.. 1920 mo. average.. 1921 mo. average.. 1022 mo. average.. 1923 mo. average.. 1924 mo. average.. 317 330 179 154 167 184 210 244 128 128 156 173 1923 September October November December 151 179 184 166 February March April 252 247 100 64 74 1 j ^ 102 124 1933 1925 January February March April May June July August 1 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. ,156 Table 125.—EXPORTS BY GRAND DIVISIONS' [Relative numbers for base year in bold-faced type; numerical data on opposite page] TO EUROPE YEAR AND MONTH Total France Germany TO NORTH AMERICA ! United Kingdom | Italy Total TO SOUTH AMERICA Total Canada TO ASIA AND ! TO OCEANIA | AFRICA! GRAND TOTAL Argentina Total Japan Total Relative to 1913 1913 monthly average. 1914 monthly average. _ 1915 monthly average. _ 1916 monthly average.. 1917 monthly average. _ 1918 monthly average. _ 100 89 172 254 271 257 1919 monthly average. . 1920 monthly average. . 1921 monthly average _ _ 1922 monthly average _ . 1923 monthly average _ _ 1924 monthly average.. 346 298 158 139 140 163 j 100 100 10O 100 80 93 154 210 220 100 86 150 206 220 62 98 150 213 207 100 49 96 140 195 191 100 124 343 386 533 626 | • ; i i I 100 45 3 1 2 () 2 () 100 102 203 319 340 349 100 111 325 559 611 605 85 116 226 263 290 67 73 175 298 438 100 88 128 187 178 205 100 85 143 221 251 248 580 439 146 173 177 183 26 88 106 90 90 386 328 159 145 149 166 ; . 563 473 274 192 213 281 216 321 188 152 181 181 182 241 147 143 162 155 301 426 187 154 184 215 284 389 202 174 205 213 432 502 311 265 317 323 586 605 377 349 423 401 338 573 252 193 210 243 319 331 181 154 168 185 125 I \ | i 1933 January Februarv March April 119 103 144 147 138 125 149 172 81 75 122 106 141 86 100 168 132 108 148 147 Mav June July August 135 149 127 124 157 179 166 144 89 96 69 90 144 182 276 199 151 ; 153 127 112 i i September October November December 132 165 173 149 172 236 249 195 74 99 93 84 193 296 272 244 1923 January February M arch April .. 152 128 132 125 182 108 160 174 89 83 85 90 May June Julv August 111 112 102 109 160 154 129 145 September October November December 162 171 175 197 113 115 141 150 135 . j 136 1 152 ! 184 316 251 311 242 537 361 438 270 134 180 218 164 135 121 159 164 ; I 149 171 160 154 176 197 161 154 249 270 250 218 308 314 308 204 271 198 178 197 149 162 145 146 ' ; ' j 169 165 183 181 196 194 184 215 , 224 296 286 268 241 416 412 387 209 178 228 157 151 179 184 166 175 171 188 187 201 213 199 204 ! I 240 271 335 274 257 339 454 364 186 205 186 296 162 148 165 157 184 202 193 200 224 242 210 257 270 292 291 265 382 326 350 252 201 219 231 200 153 155 146 150 179 154 136 135 176 179 192 157 185 188 201 137 319 396 405 440 427 524 673 725 198 195 193 208 184 193 194 206 149 142 172 169 121 134 146 144 196 200 190 206 196 190 181 194 502 336 327 285 915 400 415 268 292 226 182 306 191 177 164 168 127 105 115 134 176 169 166 189 14. 142 135 150 203 212 191 250 193 196 192 271 313 282 225 250 307 184 162 185 234 221 206 254 162 148 134 160 196 255 256 235 224 266 186 162 210 257 158 113 199 269 221 244 210 279 219 234 285 371 365 337 303 555 606 508 247 258 199 291 207 255 238 215 116 119 147 142 97 105 132 129 142 151 151 171 132 143 147 168 144 170 182 163 167 178 173 170 165 174 167 157 236 163 196 220 170 145 129 119 156 149 182 183 145 132 160 160 78 65 85 79 151 200 140 136 98 112 91 108 208 199 190 198 197 186 175 180 196 238 244 234 108 112 96 110 240 292 278 303 183 181 206 250 196 179 169 160 162 161 136 144 180 156 171 155 140 167 123 112 257 242 200 231 172 151 116 133 May June July August. . 130 114 101 125 172 166 103 161 97 61 44 66 171 184 • 124 202 September October November December 189 233 244 219 220 209 287 217 151 169 131 173 223 335 349 430 1934 January „„ February March.. _ April . _ ._ 1935 | \ 1 ! : ; ij 1 j ; | | i I ! See footnotes on opposite page. i | i | 216 ! j i i ! i January Februarv March April May June July August ; i 157 Table 126.—EXPORTS BY GRAND DIVISIONS [Base year in bold-faced type; relative numbers on opposite page] TO NORTH AMERICA TO EUROPE YEAR AND MONTH France Total Germany United Kingdom Italy Total Canada TO SOUTH AMERICA Total TO ASIA AND OCEANIA TO AFRICA GRAND TOTAL Argentina Total Japan Total Thousands of dollars j 1913 monthly average. _ 1914 monthly average. _ 1915 monthly average. _ 1916 monthly average- _ 1917 monthly average- _ J918 monthly average-- $124, 984 111,608 214, 451 317, 773 338, 538 321, 55S $12, 827 14, 175 41, 733 71, 735 78, 399 77, 600 $29, 328 13, 191 981 188 2 () 2 () $6, 556 8,161 22, 477 25,294 34,920 41,015 $49, 328 49, 984 99, 870 157, 282 167, 450 171, 774 $50, G98 40, 132 46, 567 77, 046 105, 081 110, 457 $33, 599 25, 885 28, 754 50, 409 69, 077 73,906 $12, 210 7,584 12, Oil 18, 356 25, 991 25, 226 $4, 582 2,261 4,403 6,406 8, 925 8,759 $17, 319 14, 700 20, 099 39, 211 45, 567 50, 250 $5, 208 3, 479 3,811 9,096 15, 528 22, 815 $2, 411 2,110 3, 095 4,501 4,282 4,933 $207, 002 176, 135 296, 223 456, 887 519, 459 512, 424 i monthly average. _ monthly average- monthly average- monthly average- _ monthly average__ monthly average. . 432, 306 372, 174 196, 992 173, 613 174, 451 203, 708 74, 447 56, 349 iS, 745 22, 247 22, 678 23, 472 7,730 25, 953 31, 027 26, 343 26, 403 36, 711 36, 890 30, 980 17, 955 12, 575 13, 961 15, 587 189, 880 161, 319 78, 510 71, 319 73, 527 81, 836 107,983 160, 764 94, 132 76, 305 90, 514 90,766 61,187 80, 988 49, 473 48, 057 54, 327 51, 930 36, 812 51, 993 22, 777 18, 840 22, 443 26, 255 12, 992 17, 811 9,236 7,962 9,398 9,750 74, 775 86, 932 53, 782 45, 910 54, 827 55, 925 30, 530 31, 495 19, 620 18,200 22, 019 20, 860 8,160 13, 806 6,071 4,648 5, 056 5, 858 660, 035 685, 668 373, 753 319, 315 347, 291 382, 512 164, 786 206, 009 215, 745 186, 723 22, 025 30, 215 31, 928 25, 062 21, 716 28, 981 27, 385 24, 742 12, 674 19, 384 17, 800 15, 987 71, 062 83, 928 89, 681 80, 410 83, 893 89, 124 86, 862 85, 264 55, 369 58,459 55, 980 52, 836 20, 624 20, 096 22, 304 22, 128 8,991 8, 901 8,430 9,871 38, 845 51, 188 49, 598 46, 421 12, 560 21, 690 21, 455 20, 130 5,049 4,301 5,490 3,791 313, 197 370, 719 380, 000 344, 328 189, 712 159, 431 164, 843 156, 247 23, 286 13, 791 20, 471 22, 303 26, 086 24, 441 25, 031 26, 290 15, 489 10, 705 12, 851 14, 416 83, 589 71, 452 63, 624 58, 474 78, 293 74, 664 91, 028 91, 699 48, 832 44, 479 53, 828 53, 777 21, 326 20, 936 22, 943 22, 878 9,217 9,780 9, 105 9,333 41, 606 46, 996 58, 071 47, 537 13, 362 17, 650 23, 636 18, 937 4, 479 4,931 4,493 7,131 335, 417 306,957 341, 377 325, 492 138, 344 139, 920 127, 295 136, 763 20, 524 19, 710 16, 578 18, 537 22, 969 18, 983 24, 935 23, 260 9, 914 13, 083 9,148 8,929 48, 400 55, 047 45, 006 53, 001 103, 968 99, 485 95, 371 99, 050 66, 084 62, 459 58, 856 60, 579 ' 22,447 24, 705 23, 604 24, 420 10, 275 11, 094 9, 604 11, 783 46, 762 50, 560 50, 358 45, 911 19, 890 16, 992 18, 220 13, 139 4,838 5, 287 5, 559 4,822 316, 359 319, 957 302, 186 310, 966 September October November December 201,988 214, 037 218, 491 246, 337 25, 082 30, 510 31, 361 29, 979 31, 541 32, 802 28, 105 32, 395 15, 751 19, 176 18, 231 19, 839 90, 002 89, 221 101, 510 122, 995 97, 974 89, 910 84, 807 79, 918 60, 227 51, 719 45, 744 45,339 21, 543 21, 875 23,412 19, 230 8, 474 8,593 9,215 6,308 55, 162 68, 663 70, 131 76, 165 22, 248 27, 277 35, 031 37, 756 4,767 4,703 4,643 5,016 381, 434 399, 199 401,484 426, 666 1924 January. February March April 202, 671 200, 729 169, 447 180, 278 23, 128 19, 946 21, 879 19, 915 40, 966 49, 080 36, 167 32, 874 16, 858 15, 889 13, 127 15, 120 84, 863 74, 157 56, 989 65, 711 74, 581 71, 334 85, 994 84, 706 40, 750 45, 007 49, 222 48, 319 23, 874 24, 451 23, 217 25, 206 8,959 8,728 8, 295 8,903 87, 004 58, 170 56, 635 * 49,287 47, 637 20, 837 21, 629 13, 953 7,039 5,451 4,381 7,382 395, 172 365, 775 339, 755 346, 936 May June _ Julv August 162,086 141, 949 126,071 156, 349 22, 067 21, 321 13, 179 20,600 28, 302 18, 033 12, 836 19, 281 11, 203 12, 042 8,142 13, 225 62, 409 51, 778 56, 608 65, 725 88, 371 84, 427 83, 337 94, 513 48, 162 47, 762 45, 213 50, 348 24, 764 25, 860 23,352 30, 536 8,841 8,987 8, 778 12, 399 54, 291 48, 913 39, 024 43, 375 15, 971 9, 563 8,423 9,630 5,638 5,325 4, 956 6,123 335, 099 306, 989 276, 649 330, 660 September October November December 235, 720 290. 598 305, 551 273, 342 i 28, 217 : 44,381 26, 787 | 49, 651 36, 765 1 38,441 27,862 50, 671 14, 589 21, 955 22, 863 23, 914 96,662 125, 418 125, 835 115, 884 112, 196 133, 387 93, 105 76, 398 70, 459 86,265 53, 110 38, 123 24, 352 32, 820 26, 994 29, 752 9,627 12, 764 10, 013 10, 702 49, 415 64, 195 63, 159 58, 362 15, 765 28, 927 31, 559 26, 451 5,952 6,232 4,787 7,026 427, 460 527, 172 493, 572 445, 743 1919 1920 1921 1922 1923 1924 1922 September October No v ember December 1923 January February TVJ p rch April May June July August .- --- - ! 1925 January February March Apr1'! 447, 000 ' j 1 • ! ' i June July August 1 1 1 ii Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent exports, including reexports, of merchandise only. Values are those at time of exportation in the ports of the United States whence exported, except reexports from bonded warehouses, which are expressed in their import value. 2 Total for year 1917 is $3,275. No figures for 1918. 158 Tafete 127.—CANADIAN INDUSTRY PIG IKON STEEL INGOTS EMPLOYMENT Production YEAR AND MONTH Thous. of long tons 8 Thous. of metric tons 3 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 1918 monthly average.. 84 58 68 87 87 89 87 62 76 106 130 140 3,135 1,031 1,003 1,095 1,062 1,133 1919 monthly average 1920 monthly average 3921 monthly average 922 monthly average 3923 monthly average 1924 monthly average 08 81 50 32 73 49 77 92 56 41 74 54 1,035 1,002 890 882 25 37 35 30 41 44 65 84 September October November December 1933 .._ ~.. BUILDINGS NEWSPRINT PAPER COAL Production Per cent employed 2 92.1 898.1 898.1 398.5 Shipin en ts Stocks Exports Short tons 61, 527 RAILROAD OPERATIONS < Net tracts awarded Con- Freight carried 1 mile operating revenue Thous. of dollars Thous. of tons Dollars 13,352 12, 233 24,382 30,384 38,601 45, 026 50, 425 $32,013 20,163 6,993 8,276 7,070 8,320 1,919,413 1,838, 603 1,471, 776 2,349,614 2, 598,892 2,585,756 $6, 224, 251 5,342,357 4,342,604 6,915,40S 7,323,404 4,688,726 2, 650, 772 1,038 9.66 95.4 87.5 93.0 95.1 67,284 72, 931 67, 339 90, 028 105, 519 112,750 67,922 72, 563 66, 930 90, 499 104, 543 112,063 12, 597 10, 687 17, 045 10, 600 14, 948 19,789 55, 203 59,469 62, 969 79, 960 94,830 108,271 15,836 21, 300 20, Oil 27, 654 26,188 23,022 2,245,883 2, 605, 416 2,199,492 2, 202,005 2,602, 303 2,814, 740 36 54 52 47 1,040 1,129 1,144 1,152 97.2 96.1 93.8 93.9 94, 444 97,467 97,148 92, 503 92, 210 97,362 96,232 99,902 14,083 14, 085 14,913 7,623 79, 558 83, 552 94,532 85,506 32,313 26, 270 22,453 52,472 3, 005,156 4,320, 575 4,182, 245 3,222,123 7,257,399 11,728,536 9,249,154 2, 501,974 47 89 93 1,236 1,106 1,094 1,032 92,2 SO. 6 93. 2 95.4 99,337 91,686 107,227 101,654 90, 665 90, 795 105,376 101,805 9, 489 10, 741 12,677 12, 357 82,789 84,395 113,450 78,378 9,840 13,311 19,954 30,843 2, 595, 848 1,997, 768 2,404,896 2,452,829 695,415 «1, 921,159 1,963,713 4,131,566 304 96 74 105 1,074 1,089 766 1,225 95,5 96. 6 97.1 97.8 111,486 108, 514 104,932 113, 584 110,196 108, 591 103, 545 112,818 13, 610 13, 853 14,927 15, 631 98,901 92, 852 92,959 104, 568 40, 697 50, 674 30,842 27,488 1, 230, 384 2,247, 796 2, 048,141 1, 933, 690 * 928,390 4,164, 832 4, 223, 247 5, 854, 992 66 67 869 936 858 817 98.0 95.2 93. 8 92.8 302,486 114, 475 110, 839 95,726 99,318 112, 996 110,786 100, 624 18,670 20,123 20, 047 15,123 90.930 100, 722 103,195 94,824 23,382 30,078 15, 632 21,507 3, 269, 351 4, 487,120 4, 569, 783 3,923, 709 6,929, 695 14,407, 111 12, 535,742 8,156,484 64 60 78 84 41 71 94 104 884 877 1,240 801 92. 5 02.2 93.3 94. 9 310, 529 108,620 110, 555 I 111,916 114, 647 18,493 18,195 19, 388 20,978 93, 708 99, 621 127, 583 160, 745 6., 538 21,249 11,584 30,199 2, 473, 895 2,481, 524 2,665, 992 2, 267, 328 1,773,445 1,472,878 5, 323, 691 3,485, 058 85 57 45 23 308 69 52 23 554 568 581 525 92.6 65.9 94. 6 93.5 318,500 308,321 134.. 333 114. 417 118, 306 113, 866 3 30,485 112,802 20, 746 35, 272 18, 840 20, 380 107,784 95, 717 105,133 94,486 32,967 26,185 23,818 26,664 1, 274, 052 2, 493, 968 2, 053, 808 1, 599, 078 8 433, 895 2,353, 797 3, 640, 230 4,745, 483 23 29 23 23 18 20 23 26 94.1 93.2 108,100 113,156 111,703 112,342 106, 882 112,324 112,638 111,718 21,547 22,304 21,371 21,954 101,843 99, 812 96,981 115,844 22, 506 21,067 24,614 28,868 2, 366, 450 3,625, 576 7, 512, 500 12,743,845 121, 420 122,019 20,989 439,703 3, 034,176 3, 895, 609 4,138,222 5,826,775 1923 January February March April _ May June. July. August 102 93 September. October November j December 74 62 60 1934 January February March April... May June July. August _. September October November. December. j * 132,318 113,392 130,233 1925 January... FebruaryMarch April May— June July.... August. J Production, shipments, and mill stocks of newsprint, comprising practically total production of Canada, furnished by the News Print Service Bureau,' exports of news print paper and railroad operations compiled by Canadian Department of Trade and Commerce; building contracts from McLean Building Rtports (Ltd.): Canadian employment among trade-union members from Dominion Department of Labour, Employment Service of Canada; production figures on iron, steel, and coal furnished by U. S, Department of Commerce, Bureau of Foreign and Domestic Commerce. Monthly data from 1920 appeared in June, 1922, issue (No. 10), p. 49, on newsprint, and in July,2 1922, issue (No. 11), p. 46, on building operations. A long ton contains 2,240 pounds. a4A metric ton is equivalent to 2,204.6 pounds. Annual figures cover all railroads in Canada, averaged for the fiscal period ending Mar. 31 of the year indicated; monthly reports cover all railroads with annual operating revenues of $500,000 or over, which includes 98 per cent of the total revenues of all roads. Monthly data from 1920 appeared in July, 1922, issue (No. 11), p. 45. * Deficit. 159 Table 128.—CANADIAN FINANCE AND TRADE BUSINESS FAILURES BANK CLEANYEAR AND MONTH INGS Firms Liabilities Millions Number of dols. BOND ISSUES Government Munic- Corporation and ipal bonds provincial EMPLOYMENT SERYICE OF CANADA Appli- Vacaneations cies Placements $775 659 637 859 1, 021 1,115 152 241 219 148 93 68 $1, 388 2, 562 2,698 3,312 1, 138 1,035 $4., 422 7,118 17, 901 17, 385 56, 198 58,000 1919 1920 1921 1922 1923 1924 1, 351 1, 632 1,401 1,304 1, 39.2 1,387 52 82 199 271 243 191 843 1, 845 4,221 4,771 4, 285 3;523 64,429 9,749 13,395 27,, 125 25,107 22,300 2,583 4,466 7,052 7,290 7, 227 7, 268 5,121 3,848 5, 121 6, 729 10, 880 18, 020 41,533 44, 240 45, 690 49, 098 40, 165 35,002 39, 157 45, 082 30, 502 23, 376 24, 766 28, 931 1923 January February March .. April . 1, 295 1, 028 1,152 1,218 327 320 293 229 6, 034 4,693 5, 975 4,384 8, 450 None. 7, 125 10, 500 15.. 904 25, 865 10, 935 4,493 13,538 26, 095 5,550 3,225 46, 131 36, 866 37, 820 44, 082 33, 388 30,939 31, 827 42, 393 May June July August 1,470 1,309 1,281 1,258 245 232 218 207 2,790 4, 979 2,906 3,085 9,200 25, 965 None. None. 6,212 4, 672 3,477 1, 091 15, 975 10, 580 4, 350 900 49, 167 42, 880 43, 859 73, 033 September October November [December 1,170 2,185 1,851 1, 518 213 231 226 174 2,889 3. 521 8, 077 2, 084 50,000 40, 150 9,000 140, 892 8,718 • 4,050 27 048 17,300 1,737 7,583 1,775 21,410 1924 January. February March.. April 1,339 1,236 1,142 1, 215 283 248 212 177 7,675 6,149 4,769 2,710 8, 300 2, 000 8,500 14, 000 21, 545 : 50,510 5, 435 13,050 2,218 5, 221 9, 259 200 Mav June July August 1,380 1,210 1,404 1,202 194 149 138 128 4,167 1,170 1,935 1, 145 3,925 4,750 42, 038 20,000 5,295 7,476 6,598 4,305 September October November December 1, 314 1,715 1,593 1, 652 153 186 203 216 2,802 2,460 2, 537 4,759 88, 902 1,000 3, 720 70, 464 6,880 1,271 14, 571 2,362 1, 364 248 5,058 1925 January February March April _ $9, 647 $6,171 7,032 3,644 5,542 ; 1, 888 4, 153 3, 540 2, 365 2, 708 4,917 628 2,265 3,325 10, 170 125,521 j Thousands of dollars Number Thousands of dollars 4, 850 3, 025 6,324 2,575 ; TOTAL (value) EXPORTS OF KEY COMMODITIES (quantities) Regular Casual 2 Imports Exports Canned salmon Cheese Wfeeat 1913 monthly av... 1914 monthly av__ 1915 monthly av__ 19^6 monthly av 1917 monthly av__ 1918 monthly av_ _ monthly av__ monthly av__ monthly av__ monthly av_monthly av_. monthly av FOREIGN TRADiS* Thous. Thousands of pounds of bus. $55, 934 51,600 37, 996 42, 350 70,538 80,294 $31, 422 37, 953 39,287 64, 858 98, 268 132, 181 1,757 5,092 2,888 4, 095 4,026 3,648 12,942 12, 076 11, 442 16, 081 16, 492 H, 573 8,378 10, 540 5,993 13, 145 15, 804 12, 533 6, 588 9,926 8,027 9, 616 76,643 88, 711 103, 347 62,317 66,8^2 74, 428 105, 730 107, 222 100, 869 62, 827 78, 858 83,230 3,976 5,127 2, 563 3,635 2,68B 4, 506 12, 684 10, 533 11, 135 11, 104 9,546 9, 732 3,484 6,498 10, 776 11, 374 17, 923 21, 406 15, 539 12, 013 15, 005 2-4, 047 14,385 15, 497 12, 636 8,886 68, 086 65, 308 91, 926 68, 181 65, 635 58, 646 77, 787 54, 328 2, 239 2, 959 2, 271 1, 979 3, 112 428 562 610 9,740 7,129 6, 614 5, 143 47, 297 41, 067 42, 244 74, 440 30, 174 26, 807 28, 073 57, 481 10, 319 8, 266 7, 020 7,221 84,265 84,633 77, 074 78, 328 76, 049 96, 23S 84,478 81, 830 3, 655 2, 373 1,362 1, 378 2,670 6,479 13,297 20, 666 11, 932 22, 229 12, 605 11,419 67, 097 68, 322 44 359 35, 559 77, 086 63, 590 32, 870 233 833 51, 740 47, 957 23, 652 14, 677 8,060 8, 980 6, 657 7, 474 71, 351 75, 641 72, 084 .65,. 658 68, 818 101,300 139, 005 124, 916 3, 545 8, 340 8,396 5, 334 22, 335 22, 164 15, 808 8, 030 5,300 20, 071 64, 197 57, 373 44, 613 49, 915 34, 897 39, 401 33.. 571 41, 016 26, 104 35, 670 15, 237 13, 249 14,. 388 21, 088 14,631 25, 698 8, 135 8, 146 66, 568 62, 134 86. 922 60, 203 70? 355 68, 332 93, 615 49, 518 5, 228 4,549 7,927 1,671 2, 278 1, 505 824 510 12, 322 11, 770 13, 446 6,085 43, 445 35, 730 36, 105 44, 557 33, 219 27, 907 26, 589 35, 302 21, 569 17,343 17,646 27, 143 9, 524 7, 413 6,715 6, 355 72, 058 66, 39G 72, 631 61, 970 105,311 | 88, 328 88, 221 74, 822 2,585 2, 855 2,079 4,947 1, 807 3, 214 19, 929 IS, 616 41, 228 24,075 15, 135 8,184 62, 465 50, 982 40, 078 65, 709 40, 310 23, 43£ 43, 832 27, 729 15, 387 7, 789 9,279 6, 617 68, 901 68; 183 66, 250 60, 946 82,456 104, 316 119, 870 12^62 10, 415 12, 4.97 10, 778 8, 154 20. 395 % 10, 268 25, 703 * 14, 288 17, 050 26. 982 9, 385 29, 847 ... .. Mav June July.... August i 1 Data on operations of Canadian employment service prorated from weekly reports of Dominion Department.of Labor, Employment Service of Canada; foreign trade from Department of Trade and Commerce, Dominion Bureau of Statistics; issues of Canadian bonds compiled by The Financial Pest; bank clearings and business failures from Bradstreet's; employment index number, showing conditions reported by an average of about 5,800 firms employing about 775,000 workers in 1923 ia manufacturing;, construction, mining, logging, and services, compiled by Dominion Bureau of Statistics. 2 Placements are termed casual when employment lasts 1 week or less. • Yearly figures represent the monthly averages for the Canadian fiscal year which ends Mar. 31 of the year indicated. 160 SOURCES OF DATA CURRENT PUBLICATION 1 DATE OF PUBLICATION I. REPORTS FROM GOVERNMENT DEPARTMENTS FEDERAL, STATE, AND FOREIGN ARGENTINE MINISTER OF AGRICULTURE. AUSTRALIAN COMMONWEALTH'S BUREAU OF CENSUS AND STATISTICS. BANK OF JAPAN . BRITISH BOARD OF TRADE__ CANADIAN DEPARTMENT OF LABOR--CANADIAN DEPARTMENT OF TRADE AND COMMERCE. FEDERAL FARM LOAN BOARD FEDERAL RESERVE BANK OF ATLANTA. FEDERAL RESERVE BANK OF BOSTON. FEDERAL RESERVE BANK OF CHICAGO. FED. RES. BANK OF CLEVELAND FEDERAL RESERVE BANK OF DALLAS,. FED. RES. BANK OF KANSAS CITY FED. RES. BANK OF MINNEAPOLIS.... FEDERAL RESERVE BANK OF NEW YORK. FEDERAL RESERVE BANK OF PHILADELPHIA. FEDERAL RESERVE BANK OF RICHMOND. FEDERAL RESERVE BANK OF SAN FRANCISCO. FEDERAL RESERVE BOARD , FRENCH MINISTRY OF LABOR AND SOCIAL WELFARE. ILLINOIS DEPARTMENT OF LABOR INDIAN DEPARTMENT OF STATISTICS INTERSTATE COMMERCE COMMISSION. Cereal exports from Argentina... Price index for Australia Estadistica Agro-Pecuaria_. Federal Reserve Bulletin... Price index for Japan Price index for United Kingdom. Price index for CanadaEmployment in Canadian trade-unions.... Operations of Canadian employment service_. Foreign trade of Canada Canadian railroad operations.. Canadian iron and steel production Agricultural loans by land and credit banks... Wholesale trade and savings for district Savings deposits! n First Fed. Res. Dist... Savings deposits in Seventh Fed. Res. Dist— Agricultural pumps __ _ Savings deposits in Fourth Fed. Res. Dist Wholesale trade and savings for district Wholesale trade and savings for district Retail sales of lumber by rural yards Foreign exchange rates and index Savings deposits in Second Fed. Res. Dist Savings deposits in Third Fed. Res. Dist Wholesale trade _ Savings deposits in Fifth Fed. Res. Dist Wholesale trade Savings deposits in Twelfth Fed. Res. Dist__, Wholesale trade. Automobile registrations Foreign exchange index numbers Debits to individual accounts Condition of Federal reserve banks Conditions of reporting member banks Money held outside U. S. Treasury and Federal'reserve system to July 1,1922. Wholesale price index numbers Department store trade; in cooperation with National Retail Dry Goods Association Index numbers of department store, mail-order, and chain-store trade. Barley and rye receipts.. Sales of loose leaf tobacco.. ..-. Index of ocean freight rates. Index numbers of production Wholesale trade. _ Price index for France Federal Reserve Bulletin. British Board of Trade Journal Labour Gazette (Canadian) Labour Gazette (Canadian... Labour Gazette (Canadian) Foreign trade of Canada. _ Operating Revenues, etc. of Railways* Press releases* __ Not published currently. Business Conditions.. _ Monthly Review.. _. Business Conditions. Business Conditions. _ Business Review. Business Conditions. Business Conditions. Business Conditions. _ _ , Fed. Res. Bull, and daily statement* Monthly Review _ Business and Financial Conditions.. Business and Financial Conditions. Business and Agricultural Conditions Business and Agricultural Conditions Business Conditions Business Conditions Business Conditions. Federal Reserve Bulletin Fed. Res. Bull, and weekly press releases*. Fed. Res. Bull, and weekly press releases*. Fed. Res. Bull, and weekly press releases*. Federal Reserve Bulletin. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Daily and monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly (second week of month;. Sunday papers and monthly. Fri. morning papers and monthly. Fri. afternoon papers and monthly. Monthly. Federal Reserve Bulletin Federal Reserve Bulletin Monthly. Monthly. Federal Reserve Bulletin Monthly. Federal Reserve Bulletin. Federal Reserve Bulletin. Federal Reserve Bulletin. Federal Reserve Bulletin Federal Reserve Bulletin.. Bulletin de la Statisque Generale . Monthly. Monthly. Monthly, Monthly. Monthly. The Employment Bulletin Federal Reserve Bulletin Preliminary statement Class I roads Operations of large telephone companies.. Not published. Not published. Monthly statement* Not published. _ Labor Marker Bulletin and press releases* Monthly. Second week of month. Monthly. Monthly. Employment in Illinois , Price index for India. _ , Railway revenues and expenses. __ Telephone operating revenue and income Telegraph operations and income.. Express operations and income MASSACHUSETTS DEPT. LAB. AND IND Massachusetts employment MASSACHUSETTS DEPT. PUB. UTILITIES Milk receipts at Boston __ \TEW YORK STATE DEPT. LABOR... New York State factory employment and earnings. NEW YORK STATE DEPT. PUB. WORKS New York State canal traffic PANAMA CANAL. _ Panama Canal traffic. PENNSYLVANIA. DEPT. LAB. AND IND .. Unemployment in Pennsylvania 0. S. CIVIL SERVICE COMMISSION Government employment U. S. DEPARTMENT OF AGRICULTURE: Beef, pork, and lamb production , BUREAU OF ANIMAL INDUSTRY BUREAU OF AGRICULTURAL ECO- Prices of farm products to producers NOMICS. Wool stocks in dealers' hands and wool prices Crop production.. FOREST SERVICE BUREAU OF PUBLIC ROADS. U. S. DEPARTMENT OF COMMERCE: BUREAU OF THE CENSUS. , Cold-storage holdings and fish frozen Movement of cattle, hogs, and sheep Receipts of butter, cheese, eggs, and poultry. Production of dairy products Carlot shipments of fruits and vegetables Farm labor, wages, supply, etc World crop production Livestock on farms __ Total lumber production from 1913 to 1920 Wood pulp production, 1914 and 1916 Lumber production, 1913 and 1914 . Federal aid highways under construction Wages of common labor, by geog. divs Monthly. Second week of month. Second week of month. Monthly. Semimonthly. Semimonthly. Monthly. Monthly. Monthly. Annual report... Yearly. The Panama Canal Record Last weekly issue of month. Semimonthly report* (no longer published) Not published Crops and Crops and Crops and Crops and Markets.. Markets Markets Markets and press releases* Monthly supplement. Monthly supplement. Monthly supplement. Releases about 1st of month (cotton and 10th (other crops). Crops and Markets ; Monthly supplement. Crops and Markets. Monthly supplement. Crops and Markets Weekly. Crops and Markets Quarterly. Crops and Markets.. Monthly supplement. Crops and Markets.._ , Monthly supplement. Weekly. Foreign crops and markets* Crops and Markets. Annually. Production of Lumber, Lath, and Shingles. Yearly. Pulp Wood Consumption and Wool-Pulp Yearly. Production. Monthly Public Roads.-. _ Not published, Preliminary report on ginnings* Cotton ginned.. _ Semimonthly during season. Preliminary report on cotton consumed.. 15th of month. Cotton consumed and on hand _ 20th of month. Wool machinery and cotton spindles* Active textile machinery First week of month. Leather, hides, shoes, gloves, production, etc. Census of hides, skins, and leather* 30th of month. Press release* Leather gloves and mittens 18th of month. Preliminary report on cottonseed* Cottonseed and cottonseed oil 30th of month. Press release* __ Hosiery statistics 30th of month. Men's and boys' clothing Pressrelease* 30th of month. Malleable castings Press release* _ _ 30th of month. Wheat flour production from May, 1923 Press release* __ 30th of month. Proxylin coated textiles Press release* 20th of month. Stokers, sales from January, 1923 Press release* __ One month after end of quarter. Stocks of tobacco held__ Statement on stocks of leaf tobacco 30th of month. Wool consumption _. Pressrelease* One month after end of quarter. Wool stocks. Press release* 1 This is not necessarily the source of the figures published in the SURVEY, as many of them are obtained direct from the compilers prior to publication in the respective Journals. This column and the right-hand column had been added to assist readers "in obtaining current statistics between publication dates of the SURVEY. * Multigraphed or mimeographed sheets. 161 SOURCES OF DATA—Continued DATE OF PUBLICATION CURRENT PUBLICATION I.—REPORTS FROM GOVERNMENT DEPARTMENTS—FEDERAL, STATE, AND FOREIGN—Continued U. S. DEPARTMENT OF COMMERCE: 30th of month. __ Pressrelease*-. BUREAU OF THE CENSUS (Con.)-. Work clothing._ 30th of month. Floor and wall tile ; ( Press release*-_ 20th of month. Enameled sanitary ware j Press release* Monthly. Production, stocks, and unfilled orders, indexes _ I Survey of Current Business. Quarterly (one month after end of Fats and oils, production, consumption, and Statistics of fats and oils * quarter). stocks. 15th of month. Fabricated struc. steel sales from Apr., 1922,.. Press release * 20th of month. Automobile production from July, 1921 Press release * 30th of month. Wood chemical operations _ Press release * 20th of month. Steel casting sales Press relea lease * 20th of month. Steel furniture shipments — Pressrelease* 10th of month. Locomotive shipments and unfilled orders Press release * Monthly. Survey of Current Business. Earnings of public utilities 10th of month. Plumbing goods price index Press release 15th of month. Press release Architectural terra cotta BUREAU OF FISHERIES Fish catch at principal fishing ports Monthly statement BUREAU OF FOREIGN AND DO- All imports and exports. Monthly Sum. Foreign Commerce (Pt. I)1- Last week of month. MESTIC COMMERCE. Fuel loaded for consumption by vessels at Not published--. principal clearing ports. Tonnage of vessels, entered and cleared in Monthly Sum. Foreign Commerce (Pt. II) Middle of next month. United States foreign trade. Data on trade, employment and coal and iron Various foreign sources production of foreign countries. _ I First weekly issue of month (MonBUREAU OF NAVIGATION Vessels under construction completed, and lost- Commerce Reports.. BUREAU OF STANDARDS ._ Building material price indexes Not published days). U. S. GRAIN CORPORATION Wheat flour production, prior to July, 1920 No longer published — U. S. DEPARTMENT OF THE INTERIOR: BUREAU OF MINES_ _ __ | Second week of month. Refined petroleum products, production, etc..- Refinery statistics* Explosive statistics * j Monthly. Explosives, production, shipments, etc. GEOLOGICAL SURVEY Report on Portland cement output * 1 20th of month. Portland cement, production, etc Weekly report on production of coal * : Second or third weekly issue of mo. Coal and coke production Preliminary statistics on petroleum * j 25th of month, Crude petroleum, production, etc Production of electric power* i End of month. Electric power production Production of electric power * _ | End of month. Consumption of fuel by public utility plants Mineral Resources j Annually. Figures on nonferrous metal production U. S. PATENT OFFICE.__ Patents granted Not published ._{ DIVISION OF NATIONAL PARKS.. Not published-I Monthly. Visitors to National Parks U. S. DEPARTMENT OF LABOR: EMPLOYMENT SERVICE j First week of month. Number on pay roll—United States factories... Industrial Survey * Report of Activities of State and Munici- I Every 4 or 5 weeks, Employment agency operations pal Employment Agencies. BUREAU OF IMMIGRATION Immigration and emigration statistics Not published _.j BUREAU OF LABOR STATISTICS. Wholesale prices of commodities, including Wholesale Prices of Commodities j farm products, food, clothing, metals, etc. Wholesale price index Monthly Labor Review ! Monthly. Monthly Labor Review j Monthly. Retail price index of foods. __ Monthly Labor Review ; Monthly. Retail coal prices U. S. POST OFFICE DEPARTMENT United States Postal savings Postal Savings News Bulletin j 12th of month. Statement of Postal Receipts* I 7th of month. Postal receipts I U. S. DEPARTMENT OF STATE__ Not published ! 10th of month. Passports issued U. S. TREASURY DEPARTMENT j Last day of month. Government debt, receipts and disbursements. Daily Statement of the U. S. Treasury Circulation of money | Monthly. Money in circulation from July 1, 1922. BUREAU OF THE MINT Domestic receipts of gold at mint Not published I BUREAU OF INTERNAL REVENUE. Oleomargarine production Not published-I Consumption of manufactured tobacco, snuff, Statement of tax-paid products*. I First week of month, cigars, cigarettes, and oleomargarine. U. S. WAR DEPARTMENT: Internal Revenue taxes on specified articles Classified collections of Internal Revenue..; 25th of month. ENGINEER CORPS Monthly statistical report _.! Monthly during season. Iron ore movement Monthly statistical report.. Monthly during season. Sault Ste. Marie Canal traffic _ ! Monthly. Ohio River cargo traffic MISSISSIPPI-WARRIOR SERVICE _.. Barge traffic on Mississippi River Not published.{ WAR FINANCE CORPORATION _ Agricultural loans Not published in form used | ! WISCONSIN INDUSTRIAL COMMISSION. Wisconsin factory earnings and employment... Bulletin on Wisconsin labor market * 15th of month. I!,—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS (Excluding individual firms reporting data to be combined with other firms or trade associations) ABERTHAW CONSTRUCTION Co ABRASIVE PAPER AND CLOTH MANU- Building costs Sale of abrasive paper and cloth Construction trade papers Not published FACTURERS' EXCHANGE. ASSOCIATED CORN PRODUCTS MANFRS. Corn ground into starch, glucose, etc AMERICAN BUREAU OF METAL STA- I Copper, silver, and lead—production, etc. TISTICS. \ AMERICAN FACE BRICK ASSOCIATION..! Face brick production, stocks, etc AMERICAN NEWSP. PUB.' Asso Stocks of newsprint paper. AMERICAN IRON AND STEEL INSTITUTE . Steel ingot production AMERICAN PETROLEUM INSTITUTE Gasoline and kerosene consumption AMERICAN RAILWAY ASSOCIATION Freight car surplus and shortage (Car Service Division). Car loadings and bad-order cars AMERICAN TEL. AND TEL. Co Stockholders in the company _ AMERICAN WALNUT MFRS/ Asso Walnut lumber and logs AMERICAN WASHING MACHINE MANU- Washing machine sales.. FACTURERS ASSOCIATION. AMERICAN WRITING PAPER COMPANY.. Purchases and sales of paper. _ AMERICAN ZINC INSTITUTE Produc. and stocks zinc, retorts operating ANTHRACITE BUREAU INFORMATION... Anthracite shipments, etc., and mine employment. ASSOCIATED KNIT UNDERWEAR MAN- Knit underwear production UFACTURERS' ASSOCIATION. ASSOCIATION OF FOLDING Box AND Folding paper boxes and labels, new orders LABEL MFRS. ASSOCIATION OF LIFE INSURANCE New life insurance business PRESIDENTS. Premium collections _ Distribution of assets BOSTON, CAPE COD AND NEW YORK Cape Cod Canal traffic CANAL Co. * Multigraphed or mimeographed sheets. 27456°—25t 11 Not publishedNot published Trends in the Face Brick Industry Monthly report Press release to trade papers * Bulletin.. Car Surplusages and Shortages* Information Bulletin*-_ Financial papers _ Not published Not published j Monthly. ! Monthly. _! 7th of month ! : Weekly. I Weekly. • Third week of month. \ Quarterly. ! Not published Press release to trade papers * Statement of anthracite shipments* ! ! 13th of month. j 15th of month. Monthly report * Monthly. Not published Not Not Not Not publishedpublishedpublished. published- i Imports and exports of gold and silver in Part II. 162 SOURCES OF DATA—Continued PATE OF PUBLICATION CURRENT PUBLICATION II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued (Excluding individual firms reporting data to be combined with other firms or trade associations) Receipts of wool at Boston ..... . .............. Ti?uV paper*.. ............ , .............. . Daily. Boxboard production, shipments, etc --------- 1 Not publisher! ---- .__._ .............. .............. Fab ricated structural steel sales before April , i No lou^u punliaiied ..... 1922. Monthly. of opeiatmg statistics Number of tons carried 1 mile ................. Average receipts per ton-mile ...... _ ........... ! Not published _ Passengers carried 1 mile ...................... Summary ot opeiaamr statistics_____....-. Monthly. Railway employment ........... _ ...... - ...... No* published. ........ . .......... ---- ,-. Locomotives in bad order______....... ........ J Not pi Misled... ..... ---- ,. ---- .......... Per cent of earnings on valuation. ........ _____1 Not paMibhnd ----- _ _ _ _ _ ................. .j C ALIFORNI A JiEDVy OOD A SSOCIATJON _ . Redwood lumber production, etc. ............. I Not published-- .......... _ ---- , ...... ---- < CALIFORNIA WHIIE AND SUGAR PINE Sugar pine lumber production, etc- ........... ' Not BOSTON CHAMBER OF COMMERCE BOXBOARD ASSOCIATION BRIDGE BUILDERS AND STRUCTURAL SOCIETY. BUREAU OF RAILWAY ECONOMICS CHICAGO BOARD OF TRADE... CHILDS Co CIEVELAND'T'RUST Co " Wheat, corn and oats, receipts, etc... J "J^.p.pc^ ._ Restaurant sales ' M o ^ r l * itpoii Automobile production, monthly, Junuan, Not piu.h-hed cuiitnrlj. COMFAONIE UNIVERSELLE ru CANAL MARITIME DE SUEZ. CREDIT CLE^RIXT- HOUSE DAIRYMEN'^ LEAGUE COOPERATIVE Suez Canal traffic . . . . Credit conditions _, Milk deliveries to milk plants 1920, to June, 1921. Le C u,^ de ^unz I ^ ' ^ tedt _ j Net] ..._ 5?%, .^ Monthly. _ _. - _- j J| 5tn, loth, -ind 25th of mouth. I \ . ,,-, , i wv^ c K i y . F.* V/°DODGE V-ORF Building statistics—Contracts awarded I Statement on Buil-uiv Statistics... Monthly. EMPLOYERS' ASSOCIATION OF "DETROIT Detroit factory employment _ j J eekh p,t^ lelea^._ E N \ M K L F D SANITARY MKRS. Asso Enameled sanitary ware ' Not pnbh nea , ,( FEDERATION OF IRON AND STEEL British iron and steel production > Tui'Je p,j,e]s .__ second week of mouth, MANUFACTURERS (BRITISH). j __ . , . FELT MANUFACTURERS ASSOCIATION.. Roofing felt production, stocks, etc.. < No* publ^hed __ __ FINE COTTON GOODS EXCHANGE Fine cotton goods production and sales ' I; uk papers... FIKS EXTINGUISHER EXCHANGE Shipments of fire extinguishers_ ] Not pubi^h^L. FOUNDRY ECUIPMENT MFRS, Asso... Foundry equipment production ___• il \iiDWOOD M \NFRS. INSTITUTE . _ Stocks and unfilled orders hardwood lumber. _ _ M o n r a K upoit _______ . HAFFARDS, G. M., & Co __ Fall River Mill dividends IJiadstie^tN! _ _ _ _ _ _ _ _ . . • Quarterly. HYDRAULIC SOCIETY Hydraulic machinery shipments, etc | Not pu< ! ^ ' <L ILLUMINATINC G L A S S W A R E GUILD Illuminating glassware production, orders, elf _, -^ ^ pubnsl i d _ IOWA-NEBKASKA C ANN MRS' ASSOCN.. Unsold stock of sweet corn _ _ i ^ ^ k i \ import *_. ____ _______ JACKSONVILLE CHAMBER o*1 COM Turpentine and rosin receipts 1 N ^ al st i t > K e \ « w _ .... JONES JRuo?. TE*. Co_.._ Bales frn« i ul pipn> _ _ . _ _ , _ _ _ _ _ _ _ _ _ Monoiiy. L\KE SUPERIOR IRON ORE ASSOCN Consump., stocks, and shipments, iron ore..__ Mont hi \ Tii\n\ * _ _ _ _| LEATHER BELTING EXCHANGE. Sales of leather belting__ i M'f i Ihh ie,\>rt (not i»ublished) tt LIFE INS. SALES RESEARCH Bu.. Life insurance sales _ _ J M°nttil\ r< uv^e. _ _ j iHtn of month. LIGHTNING Ron M/RS. Asso. _. Shipments of lightning rods... , Not published ____ j MACHINE TOOL BUILDERS' Af-so i Machine tool orders __ '••-— ! Monthly r MAPLE FLOORING MANFRS. ASSOCN. Maple flooring production, etc ' Not pi \ lished ___j MCLEAN BUILDING; REPORTS, LTD Canadian building contracts. . ' Canaoh ,n Umldnip' Review Moritnly. MERCHANTS' EYCFANGE OF ST. Louis Receipts and shipments of lead and zinc _J Rtceiuib <ml shipmcnro at Bt, Louis. od 01 month. Mississippi River traffic ' Not mioKshtd ..___.__ I MICHIGAN HARDWOOD MANUFACTUR- Hardwood and softwood lumber, production N o 1 .nter pabhshid - . Ens' ASSOCIATION. and shipments to June, 1921. j MINNEAPOLIS CHAMBER OF COM Linseed oil and oil-cake shipments , Aiuithh s t t < e m f n s ____. NATIONAL ALLIANCE OF CASE GOODS Unfilled orders and shipments of furniture. ' Not IK" 1 s^ie 1 in fo jn used ASSOCIATION. I NATIONAL Asso. OF BRASS MFRS Brass faucets, orders and shipments' N r pu))lished _.. _ _ — NATIONAL Asso. OF BUTTON MFRS!" Button stocks, activity, etc vvcekhieroit _ Weekiy. NATIONAL Asso. OF CHAIR MFRS...... Chair shipments and unfilled orders ' Not published in form nsed NATIONAL ASSOCIATION OF FARM Agricultural pumps __ _ i Biyne^ (rnditions (Chicago Federal I Monthly. ECUIPMENT MANUFACTURERS. | Keviv°) j NATIONAL ASSOCIATION OF FINISHERS Finished cotton goods, billings, orders, ship- j Not r^hjished.. _ ,: OF COTTON FABRICS. ments, and stocks. i j NATIONAL Asso. OF HAT MFRS Hat production, etc., and stocks of fur J ^o< ptr>l' h"'l .., ..-. ; N ATIONAL ASSOCIATION OF Pi ANO Production, shipments, arid unfilled orders 01 i N it published _{ BENCH AND STOOL MANUFACTURERS. piano benches and stools. i | NATIONAL ASSOCIATION OF STEEL Steel furniture shipments ,__, „ ' Not pubh-Ltd ..__..._.___| FURNITURE MANUFACTURERS. i | NATIONAL ASSOCIATION OF SHEET AND Sheet-metal production and stocks I Not pubiisned ..,,.. 1 TIN PLATE MANUFACTURERS. 1 , | NATIONAL Asso. OF WOOL MFRS. .... 191S figures for active textile machinery _ _ _ ! No longer published. j ,t NATIONAL AUTOMOBILE CHAMBER OF Production and shipments of passenger cars ! Traffic bulletin* (production figures not { {second week of moata. COMMERCE. and trucks. i published). ! NATIONAL CONTAINER. ASSOCIATION.... Produc. of paper box board since April, 1923_.i Not published . | NATIONAL ELECTRICAL CREDIT Asso.. Credit conditions __ _ _ _ ! Not published ........ j NAT. INDUS. CONFERENCE BOARD Cost of living, wages and hours of labor.. I Monthly press release._____ I -list or montn. NATIONAL MACHINE TOOL BUILDERS' Machine-tool orders, etc ! Not published-.. : ASSOCIATION. j » NATIONAL PAVING BRICK MANUFAC- Paving-brick production, etc ; Monthly report _____ ; TURERS' ASSOCIATION. ! , T .. NATIONAL RETAIL DRY GOODS Asso. Department store trade (see Fed. Res, Bd.) Federal Reserve Bulletin... 1 Monthly. NATIONAL WOOD CHEMICAL Asso Wood chemical operation? through June, 1924. Not published. _ _ _ . ..., .--j NEW ORLEANS BOARD OF TRADE Rice distribution through New Orleans Monthly report. _ j First week of inoatn. NEW ORLEANS COTTON EXCHANGE.." Cotton receipts into sight Monthly report. __ _.. First week of month. NEWS PRINT SERVICE BUREAU Canadian newsprint production, etc Monthly bulletin. United States newsprint data since June, 1923_. Monthly bulletin.. _ NEW YORK COFFEE AND SUGAR Ex Coffee receipts, stocks, etc _ Monthly statement £irs6 w«ek of naontn. NEW YORK METAL EXCHANGE _ _ Stocks of tin Trade papers. _ _ _ _ _ _ _ * irst week of month. NEW YORK TRUST COMPANY Indexes of stock and bond prices I The Index.. _ _ _ Monthly. NORTH CAROLINA PINE ASSOCIATION. North Carolina pine, production, etc j Not puWished I NORTHERN HEMLOCK AND HARD- • Hemlock and hardwood lumber production, I Not published--i WOOD MANUFACTURERS' ASSOCNetc. , j NORTHERN PINE MANFRS. ASSOCN.,- Northern pine lumber and lath...,, Not published . _ . ....j OAK FLOORING MANFRS. ASSOCN Oak flooring, production, etc I Not published-. > OHIO STATE FOUNDRYMEN'S ASSOCN.. Ohio foundry iron production, etc, ! Monthly report* vnot pubhsneclj j OPTICAL MANUFACTURERS'ASSOCN Spectacle frames and mountings, sales, etc Not published -j PACIFIC CANNED FISH BROKERS' As-- Shipments of canned salmon Not published. ...t Montniy. SOCfATION. ': PENNSYLVANIA RAILROAD Co .._ Stockholders in the company PENSACOLA CHAMBER OF COMMERCE..' Turpentine and rosin receipts PHILADELPHIA MILK EXCHANGE •• Milk receipts at Philadelphia : PORTLAND CEMENT ASSOCIATION Cemont paving contracts PREPARED ROOFING MANFRS. ASSOCN. Shipments of prepared roofing " Multigraphed or mimeographed sheets. Financial papers.. 1 Naval Stores Review _. Not published-' . Concrete Highway Magazine.__Not published.. ~ , , Quarterly. - weekly, -J Monthly: ! 1G3 SOURCES OF DATA—Continued C USB E NI I'U B L 1C A TIO # DATE OF PUBLIC A/WO Ci II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued (Excluding individual firms reporting data to bo combined with other finny or trade associations) Pullman passenger traffic and operations Railway equipment orders ,_-,.-Fire-clay brick production, etc 3OCJATION. Silica brick production, etc , _. RICE GROWERS ASSOCIATION OF CALI- Receipts, stocks, and shipments (California mills). FORNIA. RICE MILLERS' ASSOCIATION,__ Rice receipts, stocks, etc._._...____...._ HOPE PAPER SACK MANFRS. ASSOCN. _ Shipments of rope paper sacks ._ RUBBER ASSOCIATION OF AMERICA--.. Automobile tires, tubes, rubber heels, rubber proofed fabrics, reclaimed rubber, and raw material. RUBBER GROWERS' ASSOCIATION Rubber stoc^ in England_ ... Shipment of sales books SALES BOOK MFRS. Asso SAVANNAH BOARD OF TRADE Turpentine and rosin receipts SAVINGS BANK ASSOCIATION OF STATE Savings banks deposits in New York State.... OF NEW YORK. Raw silk consumption, machinery activity, etc. KILK ASSOCIATION OF AMERICA SOUTHERN FURNITURE MFRS. Asso... Furniture shipments and unfilled orders.-_-__. Yellow pine production and stocks.......____J SOUTHEKN PINE ASSOCIATION Steel barrel shipments, orders, etc... ! STEEL BARREL MANFRS ASSOCN I STEEL FOUNDERS' SOCIETY __ Sales of steel castings Sales of stokers through December, 1922 | STOKER MANUFACTURERS' ASSOCN Sales of fabricated structural steel! STRUCTURAL STEEL SOCIETY TANNERS' COUNCIL. Leather production through May, 1922 ! ! TUBULAR PLUMBING GOODS ASSOCN.. Tubular plumbing sales. TWIN CITY MILK PRODUCERS' ASSOCN. Milk production, Minnessota . Unfilled orders .... U. S. STEEL CORPORATIONEarnings _ ... Stockholders Wages of common labor . Printing activty . _ UNITED TYPOTHETAE OF AMERICA. Restaurant sales _ „ WALDORF SYSTEM, INC . WEST COAST LUMBERMEN'S ASSOCNL. Douglas fir lumber production, etc..-. Sales of elastic webbing WEBBING MANUFACTURERS' EXCH WESTERN PINE MANUFACTURERS' Western pine lumber production, etc ASSOCIATION. I'ULLMAN COMPANY RAILWAY AGE _ R EFBACTOKIES MANUFACTURERS 1 As- Not published...... Railway Age , Not published , Not published Not published ,.! _.,.J Month!'/, .. _.._..._.__ _.„_._„ ,_„ Monthly report _.._. Not published-,. . Monthly reports (riot published) Bulletin of Rubber Growers' Association- Month'/. Not published--. ......._.........! Naval Stores Review.... ! Weekly, Not published in form used ...... I Monthly press release to trade papers*. _ _ . j Not published in form used ~ „,. ' Not published in form used Monthly reports* (not published) _ - . . _ _ _ _ _ Not published .„..____ No longer published..... . ._ I Not published____, I Not published .....__., Seraiweekly reports. ......._..__ Not published-.. Pressrelease* ..._...,. Press release* ,__., , ., ..» Financial papers. _ _ _ _ _ _ . _..._____._ Special reports* . _ „ Typothetae Bulletm ......_._._ Monthly press release* Not published , __ Not published .„ .... Not published ... , „___ __. ; th of month, 10th of month. Monthly. Quarterly. Occasionally. Monthly, DATE OF PUBLICATION III.—REPORTS FROM TECHNICAL PERIODICALS Composite pig iron and steel prices ...... ...____,. ...... First or second week of month (daily). New York stock sales ._._.._ ..... First weekly issue of month (Mondays), New York closing stock prices _____ Weekly (Mondays). Forei gn exchange rates, 1914 to 1918___. ................ ! Weekly (Mondays). State and municipal bond Issues _____ ...... ._____ . _ _ . _ _ j First weekly issue of month (Saturdays). THE BOND BUYER _ Municipal bond yields _ _ ........... .. . ...... _ ........... ! First weekly issue of month (Saturdays). BRADSTREET'S Visible supply of wheat and corn..._________._____.....Weekly | (Saturdays). Bank clearings, United States and Canada....... ...... ! First weekly issue of mouth (Saturdays), W hoiesa le price index ... ....... . ....... _. ....... _ ...... ! Second weekly issue of month (Saturdays). Business failures, Canada.. .................. __________ I First weekly issue of month (Saturdays), Monthly. BULLETIN BE LA STATISQUE GENERALE.. ............ .. Price index for France CHEMICAL AND METALLURGICAL ENGINEERING Chemical price index.. __ | Weekly (Wednesdays). COAL AGE........_______________. Mine price________ of bituminous coal ................. ..) .. Weekly (Thursdays). COMMERCIAL AND FINANCIAL CHRONICAL j C ot ton (visible supply) and in terest rates ........ ...... | Weekly (Saturdays). Mail order and chain store sales ................... ,____j Second or third weekly issue of month (Saturday..^, Interest Rates________....... ........ _ _ _ _ _ _ _ _ ...... . ____ Weekly. New corporate securities ___ ............ _ ....... ...___..I Last issue of month. Fairchild cotton goods index .......... - ..... ____ ____ _ _. _ f DAILY NEWS RECORD.. _ Dow, JONES & Co. (WALL STREET JOURNAL) _ New York bond sales and prices _ _ .............. ____ _ . _ j First week of month (daily). Mexican petroleum shipments ___ .......... . ........... 20th of month (daily). DUN'S REVIEW. j Business failures and wholesale price index ............. ! First weekly issue of month (Saturdays). ELECTRICAL WORLD _ Sales of electrical energy, central stations ..... ____ ...... } First weekly issue of month (Saturdays). ENGINEERING AND MINING JOURNAL-PRESS Rand gold production; tin, lead, zinc, copper, and Second weekly issue of month (Saturdays), silver prices. ENGINEERING NEWS RECORD_ Construction cost and volume index.-.......____. _____ First weekly issue of month. FINANCIAL POST. Canadian bond issues Weekly (Thursdays). Price index for Germany Monthly. FRANKFURTER ZEITUNG HAY TRADE JOURNAL Weekly (Fridays). Hay receipts . IRON AGE._ _ Pig-iron production, furnaces in blast, etc...... First weekly issue of month (Thursdays). Composite finished steel price _ Weekly (Thursdays). IRON TRADE REVIEW.. _ Weekly (Thursdays). Iron and steel prices _ , Railway freight car orders J. First weekly issue of month (Thursdays). JOPI.IN GLOBE. Shipments, etc., zinc and lead ore, Joplin dist ____! LONDON ECONOMISI _ Price index for United Kingdom I 10th of month. LONDON TIMES ... . Fire losses in Great Britain... J LUMBER MANUFACTURER AND DEALER Price indexes of lumber i First weekly issue of month (FT", days), MILK REPORTER „ Milk receipts at Greater New York j Weekly. MODERN MILLER.. Argentine visible supply of wheat and corn I Weekly, NAVAL STORES REVIEW. Turpentine and rosin, receipts and stocks _ Weekly (Saturdays), NEUE ZURICHER ZEITUNG _ Price index for Switzerland _ NEW YORK JOURNAL OF COMMERCE First week of month (daily). I)ividend and interest payments __ First week of month (daily). New capital issues and new corporations Fire losses.. .... 10th of month (daily). NEW YORK EVENING POST. __ _ _ _ _ Newspaper advertising. Not published. NORTHWESTERN MILLER _ Weekly (Wednesdays). Flaxseed, receipts, etc _ Wheat flour production for 1917 1 OIL, PAINT, AND DRUG REPORTER _ _ Weekly (Mondays). Price indices of drugs, oil, etc Argentine visible supply of flaxseed _ _ j Weekly (Mondays). OIL TRADE JOURNAL Mexican petroleum shipments j 10th of month (monthly). PRICE CURRENT GRAIN REPORTER.. _ Receipts .and shipments ! PRINTERS' INK Magazine advertising. _ j Second week of month. PUBLISHERS' WEEKLY _ Book production i Third week of month. RAILWAY AGE Equipment orders_ _ __ I RUSSELL'S COMMERCIAL NEWS... "III... Wheat flour production, from July, 1920 I Weekly compilation (daily). STATISTICAL SUGAR TRADE JOURNAL Sugar stocks, receipts, meltings, and Cuban statistics .._ Weekly (Fridays;. SVENSK HANDELSTIDNING Price index for Sweden AMERICAN METAL MARKET.. THE ANNALIST GENERAL INDEX Page numbers refer to data in detailed tables (pp. 32-159) only. Items in the text are arranged in groups which should ,ake references easy without the necessity of an index. See also "Table of Contents," page 1. make Page Page Abrasives, paper and cloth 70 Acetate of lime, production, shipments, and stocks 85 Active textile machinery 38, 39 Advertising, magazine and newspaper 125 Agriculture—Production, index numbers, . 32 Agricultural implements, patents granted 64 Agricultural loans 146 American Telephone & Telegraph Co., stockholders 147 Animal fats,- production, consumption , and stocks 88 Animal products: Price index 134 Production, index numbers 32 Apples: Production (crop estimate) 91 Stocks and shipments 94 Architectural terra cotta 83 Argentina: Flaxseed and grain, exports, visible supply 90 Foreign exchange rates 150 Australia—Price index 149 Automobiles: Exports from Canada 60 New car registrations 61 Production, shipments, and exports 61 Taxes 60 Tires and tubes 62 Brick, production, stocks, etc 81, 82 British India: Foreign exchange rate 150 Price index 149 Building: Contracts awarded, Canada___- 158 Contracts awarded, United States 72, 73 Cost and volume indexes 71 Building materials: • Price indexes 71, 135 Unfilled order index 33 Burlap, imports 42 Business failures: Canada 159 United States 144 Butter, production, receipts, etc 103 Buttons, pearl, production and stocks 70 Bad-order cars 111 Bad-order locomotives 112 Banks: Clearings, Canada 159 Clearings, condition, debits, and interest rates 142 Failures 144 Farm loan 146 Savings deposits 141 Barley: Exports 96 Production (crop estimate) 91 Receipts (market) 94 Wholesale price 92 Barrels, steel 48 Basic commodities, index numbers __ 32 Baths, enamel, orders, etc 80 Beef, consumption, cold-storage holdings, exports, production, and prices 100 Belgium—Foreign exchange rate 150 Belting, leather, sales 67 Benches, piano 79 Bonds: Canadian issues 159 Held by life insurance companies 139 New issues 146 Prices, sales, and yields 143 Be ok s, publ i cation 68 Boots and shoes: Exports and prices 67 Production _ _l 66 Boston: Milk receipts 103 W ool receipts 35 Boxes, paper, production, sales, etc_ 69, 70 BradstreetV. price index 135 Brass faucets, orders and shipments. 52 Brazil: Coffee, receipts and clearances._ 105 Foreign exchange rates 150 Canada: Bank clearings, bonds, and business fa ilures 159 Coal production 158 Employment 158 Exports of key commodities and foreign trade 159 Foreign exchange rate 150 Iron and steel production 158 Paper, buildings, and railroad operations 158 Price index 149 Canals, traffic through 110 Cape Cod Canal, traffic 110 Cars, railroad: Loadings, shortage, and surplus. Ill New orders 50 Shipments and orders 51 Castings: Malleable 48 Steel 46 Cattle: Receipts, shipments, and slaughter 98 Wholesale prices 92 Cement production, stocks, shipments, and prices 83 Cereals: Exports 96 Exports and visible supply, Argentina I 91 Production, United States 94 Receipts, visible supply, etc__ 95 Chain stores, sales 126, 127, 128 Cheese: Exports from Canada 157 Production, receipts, prices, and holdings 103 Chemicals: Exports, imports, and prices.84 Price index 135 Production, stocks, and wood consumption 85 Childs Co., restaurant sales 132 Chile, foreign exchange 150 Cigars and cigarettes: Consumption 106 Sales, chain stores 126 Citrus fruits, car-lot shipments 94 Clay products 81, 82 Clearings, bank: Canada 159 United States 142 Clothing: Cost index numbers 133, 135 Production, etc 34 (165) Coal: Consumption by vessels 109 Exports from United States__ 54 Canada—production 158 Loadings 111 Prices, production, stocks, exports, etc 45 Coconut oil, production, consumption, and stocks '. 87 Coffee, imports, stocks, and Brazilian movement 105 Coke, production, exports, and prices 54 Cold-storage holdings: Apples 94 Butter and cheese 103 Eggs, poultry, and fish 133 Meats 1 99, 101 Concrete pavements, contracts 83 Condensed and evaporated m i l k _ _ 102 Condition, banks 142 Construction, building: Canada, contracts 158 Contracts awarded 72, 73 Cost and volume indexes 71 Copper, exports, prices, and production 52 Copra, consumption, and stocks for oil 86 Corn: Argentina, exports and visible supply ... 90 Exports 96 Production (crop estimate) 91 Receipts, shipments, grindings, and visible supply 95 Wholesale price 92 Corn germs, consumption and stocks for oils 86 Corn, oil, production, consumption, and stocks 87 Corn, sweet, stocks, Iowa-Nebraska. - 94 Corporate securities, new issues: Canada 159 United States 146 Cost of living 33 Costs, building construction 71 Cotton: Consumption, receipts, exports, imports, stocks, and production 36, 134 Ginnings 37 Prices 40, 134 Spindles, activity, etc 38, 39 Cotton fabrics: Cloth exports 42 Consumption by tire manufacturers 63 Fine goods, production and sales. 42 Price, wholesale, print cloth and sheetings 40 Cotton goods, finished, billings, shipments, and stocks 42 Cotton yarns, wholesale price 40 Cottonseed, stocks 89, 134 Cottonseed oil: Production, consumption, and stocks 87,88 Wholesale price 92, 134 Credit, conditions, indebtedness, orders, payments, etc 124 Crops: Cotton 36 Food, production and value 91 Prices, index numbers 92 Production, index numbers 32 Tobacco. _ __ 106 166 GENERAL INDEX—Continued Page numbers refer to data In detailed tables (pp. 32-159) bnly. Items in the text are arranged in groups which should Table of Contents, J ' page 1. nake references easy without the necessity of an index. See also "Tal Page Fats, animal Crude petroleum, consumption, production, stocks, etc ______________ 50 Federal farm-loan banks, condition of Cuba, sugar movement _____________ 104 Customs, receipts ____________ ..... 140 Federal intermediate credit banks, loans Debits to individual accounts _______ 142 Federal reserve banks, condition of_. Debt, United States Government ____ 1 40 Federal Reserve Board: Delinquent accounts, electrical trade _ 124 Foreign exchange index numDepartment stores : bers Sales_- _______ — _ ____________ 130 Production index Stocks, value of ________ ________ 131 reserve districts: Dei roit , employ merit _______________ 117 Federal Department store stocks 130, Divid ends Fall* River textile mills ____ 42 Chain store sales Dividend and interest payments .. ____ 1 44 Savings deposits Dress goods, wholesale price _ ____ „ _ - 41 Wholesale trade index numbersDrugs: 123, Sales, chain stores _____ _ ________ 126 Felt roofing, production, stocks, and Wholesale trade________________122 receipts Dry goods, wholesale trade _____ „ _ . _ _ 124 Fertilizer exports Dul ut-h , flaxsecd movement _______ _ - 89 Fiber imports Dun's price index______________- - - 135 Finished cotton goods, billings, orders Dves arid dyestuffs, exports from operating activity, etc United States________- ________ 84 Fire losses Firearms and shells, internal-revenue Earnings: taxes Express compa i iles _ _____________ 112 Gas and electric companies _____ 115 Fish, catch and cold-storage holdingsLabor _____________________ 116, 117 Fish oil, production, consumption, and stocks Public utilities __________ . ______ 115 Railroads. _ _r „ _ _ _ _ - _ __________ 112 Five and ten-cent store sales.--- 126, Telegraph a id telephone comFlaxseed: panies ______________________ 115 Consumption and stocks, for oil1 Lined States Sl( cl Cot pout iou_ 46 Exports and visible supply, ArI L{> rcctn)to ^nd cola otoiaa;e hoiclgentina u 4 ,___________________:______101 Receipts, shipments, and stocksIhl i-,tn vc bbing, ^d\^ ______1 1_______ 42 Flooring production, shipments, I I ctrK locomotives o i^tcr " 4iij. m f . i t x ____________ _ _____ _ _ _ - stocks, and orders Floor and wall tile _ . Flour, wheat: d OH mug ____ ___ ___________ 115 Exports, Argentina t*ade, dt,lir quent nc^o iiits__ 124 Production, consumption, and 1 nug. a l i e n_______________________108 stocks 1 n pl< vment Wholesale price JVgf+ iKies, St lit t iiid municipal-- 120 Foods: An l i uiic mi it ______________ 118 Exports <1 am U ______________________ 159 Imports __ ^<"toi\ b^ md lit ii ~ ____ _____ 121 Retail prices 133, 1 act~»*K*> _____________________ 117 Stock index Railroads ____________________ 118 Foreign countries—Price comparL.n ifiickd TV ue, oideib, -! ipm^uts isons Tjid&toc'v^ ___________ __________ 80 Foreign exchange rates I ugmes inteiiuil combustion, piten's Foreign trade: granted__________________________64 Canada 1 jigl in 1 (bc<> United Ivngdom ) United States exports 155, Equipment, foundi\, oide^, oales United States imports 153, ^ nd shipments ____ _____________ 64 Vessels in United States ports.-F-.M?! tul oils, "wholesale puce iiid**\__ 105 Forest products: Expenditures, United Stvte Go\e A Car loadings ment___________________________140 Price index E\plo-»ncs, pioduction, &hipmei»ts, Production index numbers ^ >cks and sales ________ _ ____ 84 Foundry equipment, orders, sales, E\i»oits (Set I OH IPTI Trade and and shipments Foundry iron, Ohio, stocks, meltings, I" pie -i eari n gs, le <. me-, and i n and receiptscomes _____________ _ - _ _ _________ 112 France: Foreign exchange Price index Fabricated structural steel, sales _____ 49 Fabrics , rubber proofed _____________ 63 Freight cars: Factories, employment in________117,121 Bad-order, loadings, shortage, Failures, business : and surplus New orders for construction Canada ______________________ 159 Shipments United States__________________144 Fall River, textile mill dividends ____ 42 Freight rates, ocean Fruits, car-lot shipments Farm mortgagee, held by life insurance companies _______ •._______ ____ 139 Fuel: Consumption by public-utility Farm products : Price indexes __________ 92, 134, 135 plants Consumption by vessels Production indexes ____________ 32 Cost of, index numbers 133, Farm wages ______________________ 118 Faucets, brass, orders and shipments- 52 Furnishings, cost of, index numbers.- 50 Page 86 146 146 142 150 32 131 126 141 122, 124 79 84 42 42 73 132 101 87 128 88 90 89 78 82 90 95 92 55 54 135 33 149 50 Page Furniture, shipments, new and unfilled orders . 79 Furniture, steel, shipments 49 Gas and electric companies, earnings. Gas and fuel oils, consumption, production, stocks, and prices Gasoline, consumption, exports, price, production, and stocks Glassware, illuminating . Gold, receipts, exports, imports, and Rand output Government finances, debt, receipts, and disbursements Grains: Exports Exports and visible supply, Argentina ___~ Loadings Production Receipts and shipments Grease, production, consumption, and stocks Great Britain. (See United Kingdom.) Groceries: Sales, chain stores Wholesale trade 115 Hardware, wholesale trade Hardwood lumber, production, stocks, and shipments. Hay: Production Receipts Heels, rubber Hides and leather: Imports and prices Stocks Highway construction, Federal aid-Hogs: Receipts, shipments, and slaughter Wholesale prices Hosiery, production I Fours worked by labor Household furniture ,__ Housing: Construction Cost of, index number 123 59 58 71 ] 48 140 96 90 111 91 94 86 126 122 77 91 94 63 65 65 80 98 92 34 116 79 71 133 Ice cream, production 103 Illinois, employment and earnings 117 Illuminating glassware, production, etc 71 Immigration 108 Imports. (See Foreign trade and 111 individual commodities.) 134 Incorporations, new 146 32 Indebtedness, wholesale trade 124 India. (See British India.) 64 Industrial corporations: Dividend payments 144 48 Stocks and bond prices 143 150 Insurance, life: 349 Assets, loans 139 New business and premium collections , _ 137 111 Sales 137 50 Interest rates ,. 142 51 Internal-revenue taxes: 109 Automobiles ._ 60 94 Firearms, jewelry, theaters, bonds, stocks, etc 132 159 156 154 109 115 109 135 133 Iron and steel (see also Pig iron and steel): Crude steel, production, stocks, prices, etc 46 167 GENERAL INDEX—Continued Page numbers refer to data in detailed tables (pp. 32-159) only. Items in the text are arranged in groups which should make references easy without the necessity of an index. See also "Table of Contents," page 1. Iron and steel—Continued Exports and imports 49 Malleable castings 48 Pig iron, production, stocks, prices, etc 45 Railway equipment 51 Unfilled order index _ _ 33 Vessels, construction 50 Iron, foundry, Ohio 48 Iron ore, movement, receipts, consumption, and stocks . 43 Issues, new capital 146 Italy: Foreign exchange 150 Price index 1 149 Page Page Magazines, advertising 125 Orders unfilled, index (see also individual commodities) 33 Mail-order houses, sales 125 Ore, car loadings (see also Iron ore) „ 111 Malleable castings, production, ship129 ments, and orders 48 Owl Drug Co., sales Manufactures: Exports 155 Panama Canal, traffic 110 Imports 154 Paper: Index of stocks 33 Boxes, labels, wood pulp 70 Production index numbers 32 Boxes, operating time, prices, Massachusetts, employment and earnand production 69 ings 117 Newsprint, production, etc 68 Meats: Parks, national, visitors 108 Wholesale trade— 124 Passenger cars: Production, cold-storage holdings, New orders 50 etc 99, 101 Shipments 51 Metals and minerals: Japan: Passports issued 108 Price index 134, 135 Patents granted 64 Foreign exchange rates 150 Production index numbers 32 Paving brick, production, shipments, Price index 149 Methanol, production, shipments, Jewelry, watches, and clocks, instocks, etc 82 and stocks 85 Payments, dividend and interest 144 ternal-revenue taxes 132 Jobs, registered and applicants for 120 Mexico: Pay roll, New York and Wisconsin Petroleum shipments 56 Joint-stock land banks, loans 146 factories* 117 Stocks of petroleum 56 Peanut oil, production, consumption, Milk, production, receipts, etc 103 Kerosene oil, production, consumpand stocks 87 tion, stocks, and retail distribution- 56 Minerals: Peanuts, hulled, consumption, stocks Price index numbers 170 Krenge, S. S., Co., sales 128 for oil 86 Production index numbers 32 Pearl buttons, production and stocks_ 70 Kress, S. E., & Co., sales 128 Minneapolis: Pennsylvania Railroad Co., stockFlaxseed movement 89 Labels, paper, orders _, 70 holders 147 Milk production 103 Penny, J. C., Co., sales 129 Labor: 110 Petroleum, crude, production, conEarnings and hours 116 Mississippi River, cargo traffic 140 Emplojanent 120 Money in circulation sumption, stocks, etc 56 125 Petroleum products 59 Wages 119 Money orders, postal Municipal securities: Lamb, cold-storage holdings and Piano benches and stools 79 Canadian issues 159 Pig iron: production 100 New issues 146 Land banks, loans 146 Prices, production, etc 45 . Yields 143 Lavatories, enamel, shipments, orProduction, Canada 158 126 Plumbing fixtures, price index 71 ders, etc 83 Music sales, chain stores Lead, production, receipts, shipPlumbing, tubular, sales 52 108 Polic3^ loans, life-insurance companies- 139 ments, and prices 53 National parks, visitors Naval stores, receipts, and stocks 78 Pork products, consumption, holdLeather: Exports, imports, and prices „ 65, 67 Netherlands—Foreign exchange rates 150 ings, exports, production^ and prices_ 99 146 Postal receipts Production, sales, and stocks 66 New incorporations 125 146 Postal savings Gloves and mittens, cut 67 New security issues 141 Newspaper advertising 125 Potash, imports Life insurance: 84 Assets, loans, etc 139 Newsprint paper: Potatoes: Canada, procluction 158 New business and premium colCar-lot shipments 94 Production, consumption, shiplections 137 Production (crop estimate) 91 ments, stocks, etc 68 Poultry, receipts and cold-storage Sales 137 103 Light, cost of, index numbers 33 New York City, milk receipts holdings 101 Lightning rods, shipments 52 New York State: Power, electric, production and sales_ 115 Canal traffic 110 Prepared roofing, shipments Linseed oil: 79 Employment and earnings 117 Prices: Production, consumption, and Savings-banks deposits 141 stocks . 87 Brick 81 143 Shipments 88 New York Stock Exchange sales Butter and cheese 103 84 Liriseed-oil cake, shipments 88 Nitrate of soda, imports Cement 83 Livestock: Coal and coke 54 Loadings 111 Oats: Copper 52 Exports 96 Prices, index numbers 134, 135 Drugs and chemicals 84 Exports, Argentina 90 Farm products 92, 134 Receipts, shipments, and slaughter 98 Production (crop estimate) 91 Flour 92 Receipts and visible supply 94 Living, cost of 133 Gasoline 58 Wholesale price 92 Hides and leather products 60 Loadings, freight cars__111 Iron and steel 47 Loans: Ocean transportation 109 Lumber 74,75,77 Agriculture 146 Ohio, foundry iron, stocks, receipts, etc 48 Meats 99, 101 Banks - 142 Life insurance 149 Ohio River, cargo traffic 110 Nonferrous metals 53 Locomotives: Petroleum 56 Oils: Bad-order 113 Petroleum products 59 Essential, wholesale price index- 84 Fuel, consumption by vessels 109 Shipments, new, and unfilled Pig iron 45 Petroleum and products 56, 59 orders 5.0 Rubber 62 Losses, fire 73 Vegetable and fish 87 Silver 148 Sugar 104 56 Lubricating oil,prpduction and stocks. 59 Oil wells completed Oleomargarine, production and conLumber, production, exports, stocks, Textiles 41 sumption 88 Tobacco 107 prices, etc. 74, 75, 76, 77 Onions, car-lot shipments 94 Price index: Building and construction costs- 71 McCrpry Stores Corporation, sales-- 128 Optical goods, sales and unfilled Department of Labor (wholeorders 71 Machine tools, new orders 64 Machinery •_ 64 Orders, new. (See individual comsale) 133 Drugs and chemicals 84 modities.) Machinery activity, textile mills,- 38, 39 168 GENERAL INDEX—Continued Page numbers refer to data in detailed tables (pp. 32-159) only. Items in the text are arranged in groups which should make references easy without the necessity of an index. See also " Table of Contents," page 1. Price Index—Continued Page Foreign (wholesale) 149 Plumbing fixtures 7 Retail 135 Stocks and bonds 143 Wholesale 134, 135 Printing, activity 68 Production, index (see also individual commodities) 32 Public finance-.., 140 Public utilities: Bond prices 143 Contracts awarded 73 Earnings, production, etc 115 Pumps _ ^ 64 Pyroxylin-coated textiles 34 Railroads: Dividend payments 145 Employment 118 Financial operations and traffic. 113 Freight-car movements 111 Operations, Canada 158 Pullman passengers 113 Stock and bond prices 143 Railway equipment, shipments and orders 51 Rand, gold output 148 Raw materials: Exports 155 Imports 154 Index of stocks 33 Produ ction index 32 Receipts, United States Government 140 Registrations, automobiles 61 Rent, advertisements 71 Restaurants sales 132 Retail prices: Coal 55 Food 133,135 Retail trade 129, 130, 131 Rice: Exports, imports, receipts, shipments, and stocks 97 Production (crop estimate) 91 Roads, Federal aid construction 83 Roofing, production, stocks, receipts, shipments, etc 79 Rope paper sacks, shipments 70 Rosin", receipts and stocks 78 Rubber, consumption, imports, prices, etc 62 Rye: Exports 96 Production (crop estimate) 91 Receipts, principal markets 94 Wholesale price 92 St. Louis—River transportation 110 Sales: Department stores 130 Chain stores 127, 128, 129 Wholesale, Federal reserve districts. _ 122, 123, 124 Sales books, shipments 68 Salmon, canned, exports from Canada 159 Sanitary wrare, orders, shipments, and stock 80 Sault Ste. Marie Canal traffic 110 Savings deposits 141 Schuite, A. (Inc.), sales 129 Sears, Roebuck & Co., sales 125 Securities: Held by life insurance companies 139 New issues 146 Sheep: Receipts, shipments, and slaughter. 98 Wholesale price 92 Page Shelter, prices of, index numbers Ships: Building .. Traffic Shipments. (See Individual commodities.) Shoes: Sales, chain stores Wholesale trade Silk: Raw consumption, imports, and stocks Raw wholesale price Loom and spindle activity Silver, exports, imports, production, and prices Spectacle frames and mountings, sales and unfilled orders Steel: Barrels and drums Exports and imports Furniture, shipments Ingots, castings, sheets Prices, production, earnings, etc_ Production, Canada Structural, sales Stockholders, corporations Stocks, commodity, index numbers (see also individual commodities)-Stocks, corporations: New issues Prices and sales Stokers, mechanical, sales Structural steel: Fabricated, sales Prices, beams Suez Canal, traffic Sugar: Exports, stocks, receipts, etc Suitings, wool, wholesale price Sulphuric acid, exports and wholesale price Sweden: Foreign exchange rates Price index Sweet corn, unsold stocks, IowaNebraska Switzerland: Foreign exchange rates Price index 133 50 109 126 123 42 41 38 148 71 48 49 49 46 46 158 49 147 33 146 143 64 49 46 110 104 40 84 150 149 94 150 149 Taxes, internal revenue, automobiles and accessories 60 Tea, imports 105 Telegraph and telephone, revenue and earnings 115 Ten-cent stores, sales 126, 128 Terra cotta, bookings 83 Textiles: Clothing, production, etc 34 Cotton 37 Dividends, Fall River mills 42 Finished cotton goods 42 Hoisery, production 34 Machinery activity 38, 39 Pyroxylin-coated, orders, shipments, etc 34 Silk and miscellaneous 42 Wholesalers, credit conditions-_ 124 Wholesale prices 41 Wool 35 Tile, production, stocks, prices, and shipments 82 Tin, consumption, imports, prices, and stocks 53 Tires, production, stocks, prices and shipments 62 Tobacco, production, exports, prices, etc ._ 106 Tools, machine, new orders Trade: Foreign, United States 64 153, 154, 155, 157 Retail 127, 129, 130 Wholesale . 122, 123, 124 Transportation, water 109 Tubular plumbing, sales 52 Turpentine, receipts and stocks 78 Unfilled orders, index, iron, steel, and building materials (see also individual commodities) United Cigar Stores Co., sales United Kingdom: Fire losses Foreign exchange rates Price index United States: Postal savings Price index United States Government: Debt, receipts, and expenditures Postal receipts United States Steel Corporation: Earnings, unfilled orders Stockholders Wage rate 33 129 73 150 149 141 149 140 125 46 147 118 Vegetables, car-lot shipments 94 Vegetable oils: Exports and imports 88 Production, consumption, and stocks 87 Vessels, cleared and entered, lost or abandoned 109 Wages, farm and common labor 119 Waldorf system 132 War Finance Corporation, loans 146 Ward, Montgomery & Co 125 Washing machines, sales 64 Water transportation 110 Webbing, elastic, sales 42 Wheat: Exports 96 Exports from Canada 159 Exports and visible supply, Argentina 90 Production (crop estimate) 91 Receipts, shipments, and visible supply 95 Wholesale price 92 Wheat flour: Production, consumption, and stocks. 95 Wholesale price 92 Wholesale sales 122, 123, 124 Wholesale prices, index numbers- 134, 135 Wisconsin, employment and earnings 117 Wood consumption and stocks, chemical plants '__ 85 Wood furniture 79 Wood-pulp, imports 70 Wool: Machinery, active 38, 39 Price, wholesale 41 Receipts, imports, consumption, and stocks 35 Woolworth, F. W., Co., sales 128 Workers, registered and placed 120 Worsted yarn, wholesale price 41 Yields, bonds Zinc—Price, production, shipments, and stocks 143 receipts, 53 PUBLICATIONS OF THE DEPARTMENT OF COMMERCE Recent publications of the Department of Commerce having the most direct interest to readers of the SURVEY OP CURRENT BUSINESS 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. OFFICE OF THE SECRETARY Simplified Practice: What It Is and What It Offers.—-In this pamphlet is presented a summary of the activities of the Division of Simplified Practice and a description of the services offered to American industries. Price 10^. Simplified practice recommendations; No. 5. Hotel Chinaware. Brice, 50. 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State Compendiums, 1920.—Iowa, 166 pages, 8 illustrations, price S00; Mississippi, 123 pages, 8 illustrations, price 2C#; North Carolina, 147 pages, 8 illustrations, price 250; Ohio, 230 pages, 8 illustrations, price 450; South Carolina, 108 pages, 8 illustrations, price 200; Wyoming, 97 pages, 9 illustrations, price 200; Nebraska, 153 pages, 9 illustrations, price 300; and Rhode Island, 86 pages, 5 illustrations, price 150. Each compendium contains detailed statistics of population, agriculture, manufactures, and mining for the State named. A summary for the United States is also given, with a map showing the centers of population; agricultural products, and manufactures. BUREAU OF FOREIGN AND DOMESTIC COMMERCE Monthly Summary of Foreign Commerce of the United States, May, 1924.—Parts I and II. Increased cost of printing has advanced the subscription price of the Monthly Summary from $1 to $1.25 a year. The single-copy price of part I will be 100, and of Part II, 50. Commerce Reports.—A weekly survey of foreign trade, cable summaries of world conditions, and articles on situation in various commodities in foreign countries. Quarto, 56 pages. Price 100 per copy; $4 a year ($6 for foreign). Trade and Economic Reviews, 1923.—The following reports have been issued since the January announcement: No. 29, South Africa; No. 30, Peru; No. 31, New Zealand; No, 32, Brazil; No. 33, India; No. 34, Denmark; No. 35, Greece. International Trade in Leaf Tobacco, by T. L. Hughes Trade Promotion Series No. 7; 299 pages, with 12 illustrative figures. Price, 350. Transportation of Pacific Coast Perishables, by A. Lane Kricher. Trade Promotion .Series No. 12; 91 pages, with 32 tables and 26 illustrations. Price, 200. Shipping of the West and East Coasts of South America with the United States, by E. T. Chamberlain. Trade information Bulletin No. 304; 34 pages. . Fertilizers: Production, Consumption, and Trade in Various Foreign Countries, by Harry A. Curtis. Trade Information Bulletin No. 305; 40 pages. Mexico as a Market for United States Goods, by Hector Lazo. Trade Information Bulletin No. 306; 19 pages. Foreign Markets for Confectionery; Latin America.—Com* piled in the Foodstuffs Division. Trade Information Bulletin No. 307; 24 pages. Far Eastern Market for Sporting and Athletic Goods, by C. J. North. Trade Information Bulletin No. 308; 30 pages. Paper and Paper Products in China.—Compiled in the Paper Division. Trade Information Bulletin No. 309; 19 pages. Freight Forwarding in the United States and Abroad.—Prepared in the Transportation Division. Trade Information Bulletin No. 310; 14 pages. Petroleum in Brazil, by M. A, Cremer, assistant trade commissioner. Trade Information Bulletin No. 311; 32 pages. BUREAU OF STANDARDS Weights and Measures.-—Report of the seventeenth annual conference of representatives from various States held at the Bureau of Standards, Washington, D. C., May, 1924. Miscellaneous Publication No, £9. Price> 350. Measurement of Heat Insulation and Related Properties of Blankets, by P. D, Sale and A. F. Hedrick. Technologic Paper No. 266; 18 pages, with 1 table and 8 illustrations. A Study of Silk Waste Used for Cartridge-bag Cloth, by F. R. McGowan, Charles W. Schoif stall, and A. A. Mercier. Technological Paper No. 268; 28 pages, with 5 tables and 18 illustrations. , Specifications for Constructing and Operating Heat-Transmission Apparatus for Testing Heat-Insulating Value of Fabrics, by P. D. Sale. Technological Paper No. 269; 12 pages. COAST AND GEODETIC SURVEY Wireless Longitude, by George D. Cowie and E. A. Eckhardt. Special Publication No. 109; 52 pages, with 28 illustrations. PHce, 150. Results of Observations Made at the United States Coast and Geodetic Survey Magnetic Observatory at Sitka, Alaska, in 1921 and 1922.—The report contains 100 pages of tables and 10 charts. Price, 250. BUREAU OF FISHERIES Progress in Biological Inquiries Fiscal Year 1924, by Willis H, Rich. Bureau of Fisheries Document No. 971; 34 pages. Price, 10£. BUREAU OF NAVIGATION American Documented Seagoing Merchant Vessels of 500 Gross Tons and Over, January, 1925. Serial No. 86. This list contains the names of all American steam and sailing merchant vessels of 500 tons or over, .with tonnage, year built, name of owner, and home port. Price, 10 cents a copy; yearly subscription, 750. ', ' , ' &adio Service Bulletin, January, 1925.—Contains list of new stations, changes in preceding lists, arid information concerning radio regulations, current publications, and other matters. Price, 5 cents for single copy; annual subscription, 250. NOTE.—All orders for radio publications listed by the Bureau of Navigation &nd all inquiries concerning these publications should be addressed to ,the Superin- * tendent of Documents, Government-Printing Office, Washington, £>. C. Do not make remittance to the Bureau of Navigation nor to radio inspectors. Merchant Marine Statistics, 1924. The report contains 73 pages of statistics relating to American tonnage, seamen and water-borne commerce*, and world tonnage. Price, 10j£. A publication indispensable to any live business COMMERCE REPORTS the United States Department of Commerce publishes information on foreign trade collected by more than 1,000 Government representatives abroad, which is transmitted by— SPECIAL CABLE and mail service to Washington, where it is classified as to commodities and fields of application and interpreted for American business and industry by— COMMODITY, REGIONAL, and TECHNICAL EXPERTS, thproughly experienced in the marketing of textiles, lumber, boots and shoes, automotive equipment, electrical equipment, chemicals, mineral^ industrial machinery, iron and steel, etc., and specially trained in all phases of foreign trade. Section of ^ ™ ^ are also 1_ deyoted j—^ to 4.^ ~—4.-,,Commerce Reports construction news, notices of new trade lists, tariff regulations^ transportation, and finance. 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