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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.
No. 18. Builders'Hardware. Price, 10^.
No. 22. Paper. Price, 50.
No. 27. Cotton duck. Price, 50.

Laws and Regulations for Protection of Fisheries of Alaska.—
(llth edition.) Department Circular No. 251.

BUREAU OF THE CENSUS
(For circulars giving plan of publication and distribution of census publications,
address the Director of the Census.)

Marriage and Divorce, 1922.—90 pages, price 15£. This is
the first of a series of annual reports which the bureau expects
to issue on the subject of marriage and divorce. Returns were
received for all of the 3,024 counties in the United States.
The last published report of this character related to the year
1916. The present report confines itself to the mere statement
of the number of marriages celebrated and the decrees of
divorce (absolute and limited), not including all applications
for divorce.
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£.

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