Full text of Survey of Current Business : July 1928
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UNITED STATES DEPARTMENT OF COMMERCE
SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS
IN COOPERATION WITH
BUREAU OF FOREIGN AND DOMESTIC COMMERCE AND BUREAU OF STANDARDS
WASHINGTON
No. 83
July, 1928
CONTENTS
INDEX BY SUBJECTS
SUMMARIES
Page
Preliminary summary for June
Business conditions in May
Business indicators (table and charts)
Wholesale prices (table and charts)
Indexes of business (production, prices, sales, etc.)
Automobiles, building, mining, manufacturing, electric
power, and transportation (charts)
1
4
2,3
6, 7
15
8
NEW DETAILED TABLES
Revised indexes:
Output of forest products
Marketings of crops and animals
C old storage holdings of
Cold storage holdings of meats
Index of industrial production
Factory employment by States
fish
18
18, 19, 20
19
19
20
22
Textiles
Metals and metal products. .
Fuels
Automobiles and rubber
Hides and leather
Paper and printing
Building construction and housing
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs and tobacco
Transportation and public utilities
Employment and wages
Distribution movement (trade, advertising, etc.).
Banking and finance
Foreign exchange and trade, gold and silver
Text
page
Table
page
25
9
27
10
31
11
11 30,32
32
11
33
11
34
12
35
12
36
12
37
12
39
13
42
14
44
5
45
14
45
14
48
14
PRELIMINARY SUMMARY FOR JUNE
The volume of trade during the early weeks of June,
as reflected by check payments, was greater than in
the corresponding period of last year. The value of
new building contracts awarded was also running
higher than a year ago. Operations in steel plants,
although slightly below the May level, were more
active than in June, 1927. Factory employment in
Detroit, largely indicative of conditions in the automobile industry, registered little change from May,
but was considerably greater than a year ago. Loans
and discounts of Federal reserve member banks receded from the high point reached during the preceding
month, while interest rates on both time and call
funds continued to rise, averaging higher also than a
year ago.
The general level of wholesale prices showed but
little change from May but was higher than a year
ago. Prices for iron and steel continued to weaken,
being lower also than in June a year earlier, while
111271—28
1
prices for copper and cotton averaged higher than
in either period.
Stock prices receded substantially from the high
record registered in May, while bond prices, reflecting
higher interest rates, exhibited a further tendency to
decline. Brokers' loans were substantially reduced
during the month, following the decline in stock and
bond prices. The Federal reserve ratio continued to
decline, being lower also than in June of last year.
Business failures were more numerous than in either
the previous month or June a year ago.
The production of lumber was running smaller
than in May, showing a decline also from last year,
but production of bituminous coal, also declining
from May, was on about the same level as in June,
1927. Car loadings of freight continued to record
declines from the preceding year. Petroleum production was running lower than in either the previous
month or June, 1927.
MONTHLY BUSINESS INDICATORS, 1923-1928
Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-eent chains, and department stores
have been adjusted for normal seasonal variations, and that on manufacturing production for the varying number of working days in the month]
1923
I 1924 ' 1925 i 1926
! 1927
1928
1923
1924
*™S
,
,
1
1
•
!
:
!
!
,
1925
1926
1927
FACTORY EMPLOYMENT
._. ' —
, .
,
i
1 1 1 , ,
i
,
1928
'——*» ***
,
WHOLESALE PRICES
20
100
80
"i25
J00
J90
PRiCEOF25 RAILROAD STOCKS
^190
•].«
-J120
-100
_80
PRICE OF 25 INDUSTRIAL STOCKS
220
180
140
100
I I
1924
! 1925 I 1926
! 1927
I. I I .
1923 I 1924 i 1925 I 1926
MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
as noted below. In this manner a more understanding month-to-month comparison may be made.
MONTHLY
AVERAGE
1927
1923 | 1924 1925 ! 1926 j 1927 | M a r . Apr. M a y June July
I92S
Aug. Sept. I Oct. Nov. D e c Jan. F e b . M a r . A p r . M a y
1 9 2 3 - 1 9 2 5 monthly average=100
Industrial production:
* Total manufacturing...
Total minerals
Pig iron..
Steel ingots
Automobiles
Cement
Lumber (5 species)
Cotton (consumption) _
Wool (consumption)...
101.0
105.0
111.7
104.8
101.5
92.1
98.6
105. 9
112.8
Raw material output:
Animal products
Crops
Forest products
C rude petroleum
Bituminous coal
Copper.
100. 0
92.0
99.0
99.4
108.0
93.4|
|
Power and construction:
Electric power
Building contracts (37 States)
94.0
96.0
86.7
88.7
90.9
99.8
96.2
89.7
94.6
105.0
99.0
101.5
106.4
107.7
108.1
105.2
104.4
92.6
108. 0
107.0
109.0
113.1
108.5
110.0
101.5
108.5
89.7
106. 0
107.0
101.0
104.6
85.7
115.3
94.9
120.3
97.0
I
!
104. Oj 96. 0 96. 0J 97. 0
104.0 104.0 109.0! 113.0
97.0; 104.0 98. 0J 93. 0
96.9i 103.7 104.6 121.4
92.5! 99.5 109.7 99.4
100.2! 106.4 110.2 104.9
|
116.6
131.2
119.5
92.1
91.6
135.3
114.5
94.0
89.0
94. oj
122. 7!
138.1
105.1
106.0
100.0
98.8
92.7
81.3
140.1
96.5
110.9
84.1
107.0
106.0
98.6
101.2
93.5
147.4
107.5
123.4
98.1
104.0
114.5
119.4
122.6
113. 0
91.0
120.6
92.8
111.0
108.0
113.5
117.1
122.4
134.4
101.9
123.3
93.6
108. 0
104.0
103.4
101.1
97.5
138.6
99.9
129.1
95.0
95. 0
62.0
93.0
118.2
79.
107.8
115. 0
62.0
99.0
124.2
81.2
108.6
123.0 109.0 105. 0
110.0
an
A
96.0 89.0
121.4 127. fi
84.1 77.2
105.4 99.4
99.0
127.1
95.7
102.0
105. 0
105.0
92.9
94. 6
78.9
140.8
105.8
122.2
101.6
102.0 98. 0 99.0 107.0 111.0; 110.0
105.0 101. 0 103.0 103.0 103. o! 105. 0
93.2 88. 6 90.2 96.1 97.1 107.1
95.9 90. 5 91.9 115.4 117.0 130.4
66.5 40. 7 40.4 70.2 98.1 125.2
138.2 116.3 96.5 78.6 70.8 82.3
101. 5 94. 4 82.9 76.1 87.2: 97.1
119.4 121. 9 105.9 113.5 1 1 1 . 8 J 113.3
103.7 87. 8 88.0 95.2 102. 0 98.7
110.0
103.0
106.6
124. 5
124.2
108.4
98.7
102.3
82.0
110.0
104.0
109.9
121.6
129.0
139.0
i. 0 94. 0 97. 0 95.0
92. 0 88.0
120.0 98. Oj 81.0| 77.0 81.0
98.0 96.0| 93.0 86.0 81.0| 87.0; 97.0 96.0
122 3 125. 6J 120. 2, 120. 117.8 110.9, 122.2 117. 5
96.2
93. 31 94.8 101.5 94.9 100.9 73.9
100.0Oj 108.1 103.2 101.9 103.8 102.2 106.6 105.7
100.
107.0
70.0
100.0
122.5
84.1
111.8
87. 0! 95. 0
112. QI
92.7
92. 5J 98.1! 109.5 122-6 133.3 136.4 129.3 131.6 129.5 129.2 133. 5 131.7 138.2 137.1 143.8 1419 137.0 144.51 136.7 142.0
89.71 92.7! 11' 111.0 106.8 132.4 126.0 111.6 118.6 102.4 110.1 101.9 115.0 105.2 95.2 96.0 103.7 132.7 142.4 143.5
Unfilled orders:
General index
U. S. Steel Corporation
I 121.7 87.0
125. 8J 83.
Stocks:
* General index
* Manfd. commodities (28)
Cotton
Copper (refined)
88.9
86. 6i
102.5
106.4
102.2
104.1
91.4
113.9
91. S
90.6
S4. a
82.1
74.0
71.1
81.2
74.4
77.2
74.3
72.4
72.2
63.9
72.1
65.8
71.6
66.9
69.8
65.9
67.0
70.0
67.1
72,4
71.5
83.2
108.9 129.5 139.6 136.1 129.1 134.6 132.8 141.4 152. 7 145.8 140.1 140.9! 139.3
108.6 109.4 120.0 115.1 115.5 118.0 116.9 121.3 127.9 127.9 125.2 120. 9J 116.9
106.2 145.5 153. 172.1 148.2 124.0 100.3 85.8 87.6 135.2 179.8 200. Oj 195.8
73.1 64.8 85.4 91.1 87.7 95.5 85.1 92.2 82.7 76.4 74.1 80.3| 8 1 2
81.2
89.5
81. 6| 81.4
92. tj
76.8
81.1
73.5
71.6
137.0 144.4 137.1 133.4 139.4
126.8 125.2 122.3 121.6 121.0
178.8 159.1 135.7 117.8 96.7
85.2 76.8 77.1 64.4 58.6
Employment:
Factories
106.6 96.3
Prices:
Farm products, to producers.
Wholesale, all commodities
Retail food...
Cost of living (including food)
Distribution (values):
* Bank debits, 141 cities
* Wholesale trade...
* Department stores, sales.....
* Mail-order houses, sales
* 10-cent chains, sales
Imports
Exports
.
87.2
98.0
94.3
95.6
93.0
93. i
93.2
93.8
93.4
91 6 90.7
94.9 91. 3 90.6 91.3 94.2 94.2 95.7 101. 4 100.7 99.3j
95.4 93.7 92.9 92.9 93.0 93.3 94.4 95.6 9a 1 95. 8!
97.6 97.6 104.6 107. 6 103.6 102.9 102.9 103 6 106.2 102.9 101.6 102. 9 104.3| 104. 9J
99,9i
99.9 99.9 100.5 98.7 98.7 99.3
98.11
1.9! 102.3 102.3 99.9
97.8 97.1 106.5
99.7 97.2 102.6 99.1
91. 2J
101. 0J
98.0
92.0
88.0!
97.81
:_ 91.5;
96.7 111.9
98.0 101.0
99.01 103.0
98.0; 110.0
99.0 113.0
93. l! 109.0
100.8! 107.8
119.6
98.0
106 0
115.0
125.0
132.5
95.0
106.0
120.0
138.0
114. 31 107.9
105.6 106.8
136.6
96.0
105. 0
117.0
128.0
117.1
107.7
Transportation:
* Car loadings
Freight, net ton-miles.
97. 6j 102.8 106.8 1010 135. 3
112.1
102. 2i 95.9; 101.9
Finance:
Member bank loans and discounts.
Interest rate (commercial paper)..
Federal reserve ratio
I
Price, corporation bonds
Price, railroad stocks
j
Price, industrial stocks
|
Failures (liabilities).
94.1|
115. 9|
99.0
96.4!
86. 0^
86.1 j
106.0
96.6
97.4
98.5
90.8
104.1
99.9
96.1
91.9
106.8!
107.4
93.4
96.9
103.6
117.9
122.0
87.2
112.9 117.3
98.5 93.1
96.0 99 1
108.0; 112
133. 41 162 7
132.4; 171.4
80 4 102 3
134.3
94.0
105.0
113.0
137.0
116.3
109.4
127.7
95.0
103.0
118.0
132.0
107.3
103.5
129.7
93.0
104.0
121.0
135.0
109.9
94.0
127. 8
95.0
103.0
127.0
139.0
98.9
90.1
137.6
100.0
111.0
133.0
140.0
114.2
98.7
141.0
96.0
109.0
122.0
141.0
105.9
112.0
130.7
91.0
105.0
117.0
144.0
110.1
128.7
86.1 108.8 102.6 102.7 103.3 103.3
107.5 103.1 102.9 112.5 115.1 122.1
1116
92.9
102,1
111.2
152. 4
150. 8
13«. 5
I
114.6
95.2
103.0
111.9
158.3
159. 8
125. 4
116.7
95.9
99.5
112.1
162.4
167.6
89.1
115.7
94.5
103. 2
111.4
167.3
177. 3
81.3 101.8
117.5
95.
100.5
111.2
165.3
168
* Seasonal adjustments.
117.3
90. 6
101. 4
112.9
167.9
1S3. 7
92.4
119.3
89.9
98.8
113.4
171.6
193. 9
77.3
99.3
95.9
104.2
99.9
89.8
99.3
95.4
103.61
99. 2|
91.2
96.8
92.7
120.0 121.4| 123.2
92 2 91. 0J 92.2
96. 4 92. 2J 86. 5
114.4 114.9! H5.6
168.5 171.6
186.4 190.0 193.7
85. 6j 85.3 120.9
91.4
97.81 99.3 101. 4 107.2
95.5 95.1 96.5 97.7
101.3 101. 2J 101.6 102.8
97.9 98.4
98. 4
132,11 136.9 142.1J 149.6
95. OJ 93.0 95.11 97.0
107. 01 111.0 105.0! 105.0
119.0 128.0 113.0 116. 0
140 0 147.0 140.0 142.0
106.6 102. 5 104.6 108.7
121.4 107.4 108.2 97.8
95.2
99.8
91.8
164. 8
92.8
105.0
113. 0
142. 0
117. 8
110.8
161.
89.2
103.0
117.0
147.0
1C7. 2
95.9
168.
96.2
104.0
132.0
144. 0
109.9
111.4
98.0 101.8 129. oj 83.0 106.4
97. 2 95. 7 105. 81 96. 1
121.9
90.1
95.5
115.9
169.1
193.5
112.3
120. 9 123. 3 127.3
93.6
97.3! 100.1
96.0
90.9
115.8 115.7 116.0
164.7 170.1 176.0
191.2 204.8! 210.4
106. 3! 129.3| 82.5
126.9
105.7
89.2
115.0
178. 9
213.2
85.2
4
BUSINESS CONDITIONS IN MAY
PRODUCTION
SALES
Manufacturing output, after adjustments for seasonal conditions, showed no change from the preceding
month but declined from May, 1927. Mineral output ; however, although lower than a year ago, was
somewhat high er han in April. Marketings of animal products in May, although higher than in the
pr ceding month, were lower than a year ago. Crop
marketings showed a decline from the preceding
month and a gain over last year. The output of
forest pro in 3 s registered an increase over the previous
month and over last year, as well.
The index of unfilled orders for manufactured commodities declined from both the preceding month and
May, 1927. As compared with April, unfilled orders
for textiles and lumber showed gains, insufficient, however, to offset the decline in iron and steel. Contrasted
with a year ago, the gain in iron and steel orders was
insufficient to offset declines in textiles and lumber.
Wholesale trade was larger in May than in April,
making an increase also over a year ago. As compared with a year ago, all lines of wholesale trade
showed increases except dry goods and women's
PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
1923-1925 monthly average—100. Adjustment has been made for the seasonal movement of stocks and relative number of working days for production. Unfilled orders
are principally those of iron, steel, building materials, and textiles. May, 1928, is latest month plotted]
\
\
\
X
\
\
\
\
UNFILL ED ORDERS
V*
\
120
\
t
t
/
LLJ
O
DC
LJ
100
2
I
/
90
/^^~STOCKS
UJ
>
80
\v/
l^—
%
t
f
PRODUCTION^
V
\
\V / / \
•
\
V
Kk
\
\
\
\
t
t
1
K^
i
/\l
V'''
UJ
DC
/
\
70
60
\j
. . 1 . . 1. , ! ..
1923
1 ! 1 1 I 1 1 1 1 1 1
1924
I I I 1 1 I I I 1 1 11 1 1 1 1 1 1 I 1 1i i11 i i 1 i i 1 i i
1925
COMMODITY STOCKS
Stocks of commodities, after adjustments for seasonal variations, were larger at the end of May than
at the end of either the preceding month or May of
last year. The increase in the general index over the
preceding month was solely due to larger holdings of
raw foodstuffs, stocks of other raw materials and
manufactured commodities showing declines from
the preceding month. The increase over last year
was due to larger stocks of both raw foodstuffs and
manufactured commodities other than foodstuffs,
declines being registered in stocks of manufactured
foodstuffs.
*
1926
1927
. . 1 . . 1 . . 1 ..
1928
clothing, which declined from 1927. Retail trade in
May, as measured by department store sales, after
adjustments for seasonal conditions, showed a gain
over a year ago. Merchandise stocks held by department stores at the end of May, however, were also
smaller than a year ago. Sales by mail-order houses
and 10-cent chain store systems showed gains over May,
1927, with a gain over April also by mail-order houses.
Sales by grocery and drug chains showed larger business
than a year ago, while cigar chains reported a decline.
As compared with the preceding month, grocery and
drug chains showed gains in May but shoe and candy
chains showed smaller business.
PRICES
The general index of wholesale prices registered an
advance over both the preceding month and May of
last year. Compared with April, all groups showed
higher average prices except hides and leather and
chemicals, which declined, and textiles and house
furnishings, which showed no change. Contrasted
with a year ago, all groups showed higher prices,
except fuel and lighting and building materials, which
declined, and metals, chemicals, and house furnishings,
which showed no change. Classified by state of manufacture, all groups showed higher average prices than
in either the previous month or May a year ago.
May, 1927. As compared with April, the declines in
the number of employees in the textile, leather, and
chemical industries were more than sufficient to offset
increased employment in iron and steel, stone, clay
and glass, tobacco, and vehicle factories. Contrasted
with last year, employment was lower in all groups
except vehicles. The greatest decline in factory
employment from May, 1927, occurred in chemicals,
stone, clay and glass, textiles, leather, and iron and
steel factories. Factory pay-roll payments in May,
although unchanged from the previous month, were
also lower than a year ago. Smaller pay-roll payments
than in April were registered in textile, leather, and
FACTORY EMPLOYMENT, BY GROUPS
[1923 monthly average=100. May, 1928, is latest month plotted]
1923
1924
1925
1926
1927
1928
The index of prices received by farmers for their
produce also showed gains over both periods, all groups
showing gains over both the previous month and May
a year ago, except dairy and poultry products, which
showed no change from the previous month. Retail
food costs were higher than in April but lower than a
year ago, while the general index of cost of living
showed similar comparisons. As compared with a
year ago, all items entering the cost of living index
were lower except clothing and light, which showed
no change, while as compared with the previous month,
the general increase in the cost of living was solely due
to higher food costs.
EMPLOYMENT
The general index of factory employment in May
was lower than in April, recording a decline also from
1923
1924
1925
1926
1927
1928
chemical factories, sufficient to offset increases in
other groups. Contrasted with a year ago, all
groups showed smaller pay-roll payments except
paper and printing and vehicles, which showed no
change.
Reports from the American Federation of Labor
show 13 per cent of union members in representative
cities out of employment in May, as compared with
16 per cent for April. Wages of common labor showed
practically no change from the preceding month but
were higher than a year ago. The number of applicants
per job at employment agencies declined from the
preceding month but were larger than in May of last
year. Employment in anthracite mines was greater
than in the preceding month but smaller than a year
ago.
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers, 1926 monthly average taken as 100. May, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite page]
A/HEAT, WINTER
160
j
140
i
j
120
j
BO
180
i
j
CATTLE, STEERS
TT
i
Jr*
••
4-M"
Mil
i
BEEF, CARCASS
HO
GS,
HEAVY
HAMS,
SMOKED
MM
•
|
i60
OATS
i !
j
>
100
CORN, NO. 2
FLOUF .WINTER
i
I
140
120
ioo
I
1
!
I
•s-L.
••
..j..
..|-r
i
80
I
I
60
SUGAR, RAW
120
SUGAR,
——
n »..
/
GRANULATED
1 l
! -L^ki_
COTTONSEED OIL
RUBBER,CRUDE
\ I
100
| | l j
80 —
j
i
|
•
|
»
•
• ••
i
COTTON, RAW
140
1
120
u
•i
100
L
J... i
•r
i
' t***
r
..!••(••
)
;
!
!
1
!
h~LULT
1
1
j
i
j
;
|
j
WOOL, i/ 4 BLOOD
1
I
I
1
I
.1- ....
mm
j
HIDES, PACKERS
SILK, RAW
LEATHER, SOLE, OAK
:
MM
i
*
COMBING
i
!
i
WORSTED YARNS
190
COTTON PRI NT CLOTH
COTTON YARN
i
;
•*
#
60
j
|
j
160
i
I
130
—
in*1**
70
180
M
j M
•
••
I
j
"]"T*
! 1
LEATHER, CHROME CALF
PETROLEUM
BITUMINOUS COAL
1i i ii
140
hi ; i
ioo[.. r H""
I
60 L
120
100
COKE
PSG IRON, FOUNDRY
COPPER
INGOTS
j
L-L
___
80
TIN
...14.
i
•1-MJ..M
I
ZINC
1
!
•
i
.4..
•
j
60
120
100
STEEL BEAMS
CEMENT
LUMBER, PINE FLOORING
|—
!
! i
!
!
j
BRICK, COMMON,
•
\
i
i
1
|
I
M%
l1
!
1
60
1 I I I I I i 1 I i I i 1 i I 1 I 11927.
i I I § I i I £1I I 1 i I I §I § I I I 1I I i ! I s i
80
••(••I-
1
!
;
i
i
1
!
'
i
!
i
;
|
1928,
i
'
j
!
I
'
i
i
]
;
•
i
1
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department 0/ Agriculture, Bureau of Agricultural Economics, nonferrous metals
from the Engineering and Minino Journal-Press, exeept tin, which is from the American Metal Market. All other prices are from U. 8. Department of Labor, Bureau of
Labor Statistics. So far as possible all quotations represent prices to producer or at mill.
RELATIVE PRICE
ACTUAL PRICE
(dollars)
1926 average* 100
Unit
COMMODITIES
May,
1928
May,
1927
.187
39.40
.0892
.0775
.1273
1.443
1. 025
1.033
.201
43. 00
. 0909
.0882
.1303
1.232
.730
1. 460
.139
26. 05
. 0717
. 0941
.1192
90
123
61
118
139
136
63
106
1.417
1.812
1.033
.646
1. Oil
1. 266
12,735
.203
.53
13. 340
9. 085
8. 900
15.975
1.502
1.898
1.072
.692
1. 041
1. 362
11. 643
.217
.55
13.181
9.613
7.313
15.188
1. 444
1. 443
.874
.508
.896
1. 134
6.2S9
.163
.41
11.440
9. 445
5. 900
14. 850
85
105
131
141
143
126
147
.47
111
113
144
63
128
112
8.113
7. 556
. 045
.058
099
.200
.222
.201
.45
.215
8.490
7. 631
.045
.059
. 106
.201
.229
.206
.45
.215
7.830
6.963
.048
.060
.091
.170
.188
. 259
.43
.215
April,
1928
March, April,
1928 I 1928
FARM PRODUCTS—AVERAGE PRICE TO PRODUCER j
Wheat
Corn
Potatoes
Cotton
Cottonseed
Cattle,-beef
Hogs
Lambs
_
-
.
_
-
-
FARM PRODUCTS—MARKET P R I C E
j Bushel
i Bushel
Bushel
! Pound
I Ton...
1 Pound
_-| Pound
i Pound
i
\
Wheat, No. 1, northern spring (Minneapolis)
„
j
Wheat, No. 2, red, winter (Chicago)
Corn, contract grade No. 2, cash (Chicago)
__
Oats, contract grades, cash (Chicago)._
Barley, feeding (Chicago)
_|
Rye, No. 2, cash (Chicago)
„_]
Tobacco, leaf, average sales, warehouse (Kentucky)
|
Cotton, middling upland (New York)
|
Wool, U. blood combing, Ohio and Pennsylvania fleeces (Boston)
Cattle, steers, good to choice, corn fed (Chicago)..
j
Hogs, heavy (Chicago)
_
j
Sheep, ewes (Chicago)..
|
Sheep, lambs (Chicago)
___.!
1.292
.919
1.168
I
I
1
I
\
Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt Pound
Pound
Cwt.-.
Cwt._.
Cwt__
Cwt._
132
63
124
145
138
66
110
107
147
56
133
158
141
75
113
94
68
82 I
95 !
110
88
104
91
104
79
92
96
111
80
103
92
118
136
150
146
133
150
116
115
140
74
135
117
97
123
141
161
150
143
137
124
120
138
78
111
111
87
87
97
111
119
108
77
84
93
129
85
118
115
93
94
115
118
129
119
74
93
89
120
77
90
108
90
95
104
104
81
125
130
67
109
103
96
104
103
106
84
122
130
65
100
94
101
105
104
107
89
122
134
67
100
94
86
91
111
106
77
104
109
87
111
94
102
101
97
108
99
100
97
106
105
99
110
99
100
97
81
85
!
I
I
!
i
i
I
1
j
!
!
!
FOOD
Flour, standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime yellow (New York)
Beef, fresh, carcass, good native steers (Chicago)
Beef, fresh, carcass, steers (New York)
Pork, smoked hams (Chicago)
Butter, creamery, 92 score (New York)
Oleomargarine, standard, uncolored (Chicago)..
' Barrel
i Barrel
___! Pound
j Pound
j Pound
j Pound
j Pound
j Pound
I Pound
l Pound
-
TEXTILES
!
j
j
|
j
I
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) j Pound
Cotton-print cloth, 64 x 60-38H"-5.35—yards to pound
| Yard
...!
Cotton sheeting, brown 4/4 Trion (New Y o r k ) . . .
j Yard
J
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
| Pound
I
Woman's dress goods, French, 39 inches at mills, serge
_
I Yard
_|
Suitings, unfinished worsted— 13-ounce, m i l l . , .
! Yard
!
Suitings, serge, 11-ounce, 56-58 i n c h . .
I Yard
Silk, Japan, 13-15
! Pound
Hosiery, women's, pure silk, mill
Dozen pair.
.366
.076
.091
1.550
1. 025
2.008
2.095
5. 390
10. 290
.380
.079
.092
1.575
1.025
2.008
2. 095
4. 998
10. 290
.335
.071
.082
1.325
.975
1. 913
2. 048
5.831
11. 270
102
101
99
106
99
100
97
84
85
.256
.295
. 600
.655
6. 750
5. 000
.246
.295
. 600
.670
6. 750
5. 000
. 168
.177
.480
.450
6. 400
4. 850
169
155
132
148
106
102
LEATHER
j Pound
! Pound
Square foot
| Pound
j Pair
\ Pair
FUEL
99
93
94
94
88
92
94
95
95
94
j
I
!
!
i
175
170
132
153
106
102
183
170
132
149
106
102
108
92
102
98
100
99
120
102
106
103
100
99
99
98
94
85
59
99
98
94
72
61
I
Coal, bituminous, mine-run (composite price)
_
_
j
Coal, bituminous, prepared sizes (composite price)
|
Coal, anthracite, chestnut (composite price)
Coke, Connellsville (range of prompt and future) furnace—at ovens...
Petroleum, crude, Kansas-Oklahoma—at wells..
|
METALS
Net ton
Net ton
Long ton...
Short ton._
Barrel.
4. 016
4. 249
12. 794
2.744
1. 190
3. 986
4.288
12.786
2. 695
1.190
4 204
4. 700
12.871
2. 940
1. 155
94
92
96
6
63
93
89
93
67
63
Long ton...
Long ton...
Long ton...
Pound
Pound
Pound
Pound
Pound
19.010 •
17. 000
33. 000
.1399
. 188
.0610
.5236
.0576
18. 960
16. 300
33. 000
. 1420
.189
. 0612
.5154
.0603
20. 2C0
18. 200
33. 000
. 1262
. 180
. 0662
.6752
. 0608
92
92
94
100
99
71
80
92
92
94
101
99
72
80
78
M feet
Thousand-
35.74
13.50
35. 88
13.50
39. 32
15. 50
79
81
79
82
Barrel..
Cwt
Pound
Ton
Cwt
Cwt
1.600
1.900
.183
15. 500
2. 525
3.250
1.600
1.875
. 165
15. 500
2. 525
3.250
1. 000
1. 900
.300
15. 500
2. 630
3.250
97
97
54
107
88
94
97
97
48
107
88
94
92 I
89 I
93
66
63
I
_
I
I
I
[
I
92
88
94
103
100
73
79
82
Lumber, pine, southern, yellow flooring, mill._
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. 0. b. plant (Chicago
district).
Steel beams, mill (Pittsburgh)...
Rubber, Para Island, fine (New York)
Sulphuric acid 66° (New York).
Wood pulp, sulphite, domestic, unbleached, news grade (New York)..
Newsprint, rolls, contract, mill
_
102
95
93
96
85
104
94
91
95
79
103
83
I
BUILDING MATERIAL AND MISCELLANEOUS
90
87
94
94
!
Hides, green salted, packers' heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago).
Leather, chrome calf, dull or bright " B " grades (Boston).
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)
Pig iron, foundry No. 2, northern (Pittsburgh).
Pig iron, basic, valley furnace
_
Steel billets, Bessemer (Pittsburgh)
_
Copper ingots, electrolytic, early delivery (New York).
Brass, sheets, mill
Lead, pig, desilverized, for early delivery (New York)
Tin, Straits (New York)
Zinc, slab, western (St. Louis).
93
96
111
110
77
104
110
84
96
94
80
82
97
96
43
107
88
100
97
97
72
103
96
94
97
97
79
103
92
94
8
NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]
FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
140 r
120
MOO
FACTURING
PRODU
, , I i i i i i i i
1920
1922
1923
1924
1925
1926
1928
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Receipts of wool at Boston were larger in May than
in either the preceding month or the same month of
last year, with imports making similar comparisons
with both prior periods. Consumption of raw wool
by textile mills showed a large increase over the
previous month but was lower than a year ago. Machinery activity in woolen mills was correspondingly
higher than in the preceding month and lower than a
year ago.
Receipts of cotton into sight were larger than a year
ago. Exports of raw cotton, although greater than
in the previous month, were smaller than last year.
off. Unfilled orders at the end of May were lower
than at the end of the previous month, but stocks of
cotton textiles were larger. Prices of cotton yarns
and fabrics averaged higher than in either the previous
month or May of last year.
Reports from cotton finishers showed larger orders
and shipments than in the previous month but both
items showed declines from a year ago. Operating
activity of cotton finishers was lower than in either the
previous month or May of last year. Stocks of
finished goods, although greater than a year ago,
were lower than at the end of April. Unfilled orders
on the books of cotton finishers at the end of May were
THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. Where available. May, 1928, is latest month plotted]
100
100
\J
too
1923
1924
1925
1926
1927
CONSUMPTION OF RAW FIBERS
1928
1923
1924
1925
1926
SPINDLE ACTIVITY
1927
1928
1928
S923
1924
1925
1926
WHOLESALE PRICES
1927
1928
I , , 1,, I , , I,, 1,, 1,. I i, i,, I,, I , , 1,, I,, 1,, I , ,
1923
1924
1925
1926
1927
STOCKS OF RAW FIBERS
Cotton consumption by textile mills was larger than
in the previous month but smaller than a year ago,
while for the first five months cotton consumption
showed a decrease of almost 10 per cent from the
same period of last year. Stocks of cotton held by
mills and warehouses at the end of May were considerably smaller than a year ago. Prices for cotton,
both to the producer and at wholesale, averaged higher
than in either prior comparative period.
Cotton machinery, reduced to a ratio capacity, was
more active than in April but showed lower activity
than a year ago. Production and shipments of cotton
textiles were larger than in April, but new orders fell
111271—28
2
lower than at the end of either the previous month
or the same month of 1927.
Silk imports in May were considerably larger than in
either the preceding month or May of last year, while for
the first five months the total importation also recorded
an advance over the same period of 1927. Deliveries of
silk to consuming establishments also showed gains over
both periods as well as in the cumulative total for the
first fivre months of the year. Stocks of silk were generally higher than a year ago. Silk prices were likewise
lower, showing a decline also from April. Imports of
rayon, although larger than in the previous month,
were substantially lower than a year ago.
10
METALS
Consumption of iron ore in May, although greater
than in the preceding month, was smaller than a year
ago. More pig-iron furnaces were in blast than at
the end of April but a decline was registered from last
year. The output of pig iron was larger than in April
but smaller than in May of last year, the first five
months of the year also recording a decline from 1927.
Wholesale prices for iron averaged lower than in
either the preceding month or May a year ago.
The production of steel ingots, although lower than
in April, was greater than a year ago, both for May
Production and exports of copper were larger than
in either the preceding month or May of last year.
Stocks of refined copper in North and South America
were considerably lower than in either the preceding
month or May a year ago. Wholesale prices for
copper continued to average higher than in either
prior period.
Imports of tin, although lower than in the preceding
month, were greater than a year ago. For the first
five months of the year tin imports showed a gain of
18 per cent over last year. Deliveries of tin declined
from both the preceding month and May a year ago,
THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. May, 1928, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages plotted on the end month]
y
soo
COP PER
A,
100
LE
V
;.
100
100
I, 1 , ,
21
M 1 . I 1 M ' M
I M I M
, , 1 M I M I M
M 1 . < 1 1 1 1 > 1
1923
1924
1925
1926
PRODUCTION
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
and for the first five months of the year. Unfilled
orders for steel at the end of May were lower than at
the end of April but larger than a year ago. The
production of steel sheets by independent manufacturers showed gains over both periods although the
ratio to capacity declined. Stocks of steel sheets
were higher than at the end of April but lower than a
year ago.
Production and new orders for steel castings showed
gains over both the preceding month and May of last
year, but for the first five months of the year were
smaller than a year ago. New orders for fabricated
structural steel showed gains over both periods, and
also in the five-month total
the total for first five months showing practically no
change from last year. World stocks of tin at the
end of May were greater than a year ago. Tin prices
averaged lower than in either the previous month or
May of last year.
Fewer zinc retorts were in operation at the end of May
than at either the end of the previous month or May
a year ago. Zinc production, although low^er than in
April, was higher than a year ago. For the first five
months of the year zinc production was slightly lower
than for the same period of last year. Zinc stocks at
the end of the month were larger than at the end of
either prior period. Prices for zinc averaged higher
than in April but wArA slightly bplow a vear ago.
11
The production of lead, although greater than in
April, was lower than a year ago. Lead prices,
averaging higher than in April, were lower than in
May of last year.
FUELS
The output of bituminous coal was larger than in
either the previous month or May of last year. Prices
for bituminous at the mines averaged lower than in
either the previous month or the same month of 1927.
The production of anthracite coal was likewise larger
than in either the preceding month or May of last
year, but the total for the first five months was
lower than in the same period of 1927. The price for
anthracite at wholesale was slightly lower than in
either the preceding month or May of last year. The
HIDES AND LEATHER
Imports of hides and skins were larger than in either
the preceding month or May of last year, while the
output of hides, as reflected by the slaughter of cattle,
although greater than in April, was lower than a year
ago. The production of sole leather gained in May
over both prior periods. Exports of sole leather,
although smaller than in April, were greater than in
May of last year. Exports of upper leather showed
gains over both periods, while prices for leather
continued to average higher than in either the preceding month or May a year ago. The production
of shoes was larger than in April. Exports of shoes
increased over April but were considerable smaller
than a year ago. Prices for shoes, unchanged from
THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1928, is latest month plotted where data were available]
1923
1924
1925
1926
1927
1928
1923
1924
S925
1926
1927
1928
J '
\
J CRUDE PETROLEUM
GASOLINE
• • i , , i v J l , . i, • I . . I.
1923
1924
1925
1926
!927
"S928
1923
1924
1925
1926
1927
1928
production of coke, although greater than in April,
showed little change from a year ago. Coke prices
averaged lower than in either prior period.
April, were generally higher than in May of last
year.
AUTOMOBILES
Imports of chemical wood pulp increased over April
but were smaller than a year ago. The output of
newsprint paper showed a gain over the previous
month but a decline from last year, with a corresponding decrease in the five-months' total. Imports of
newsprint showed gains over both periods. Production of newsprint in Canada increased over both the
previous month and May of last year, with a corresponding gain over a year ago for the first five months.
Stocks of newsprint held at both domestic and Canadian mills at the end of the month were considerably
larger than a year ago.
The production of automobiles in May was larger
than in either the previous month or May of last
year, the total for the first five months also showing a
gain over the same period of 1927. Exports of automobiles, although greater than in April, were smaller
than a year ago, but the total for the first five months
showed a gain over last year. Shipments of accessories and parts, both as original equipment and for
replacements, showed gains over both prior periods,
while the production of automobile rims, although
smaller than in April, was larger than a year ago.
PAPER AND PRINTING
12
BUILDING AND CONSTRUCTION
STONE AND CLAY PRODUCTS
Contracts awarded for building construction, measured both in value and in floor space, showed gains
over both the preceding month and May, 1927.
Measured in floor space, gains were registered over
last year in all groups except industrial buildings and
certain public and semipublic structures. Building
costs in May showed relatively little change from the
previous month but were generally lower than a year
ago. Fire losses in the United States and Canada,
Production and shipments of face brick averaged
higher than in April and shipments were higher also
than a year ago. Stocks of face brick were lower than
in April but slightly higher than last year. Unfilled
orders were lower than at the end of either prior
period. Prices for common brick, showing no change
from the previous month, were lower than a year ago.
New orders for porcelain plumbing fixtures were
smaller than in April. New orders for terra cotta
THE BUILDING-MATERIAL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100]
STOCKS—yN
\
1
Ww
i
1'
J ' \f
100
v / z1 I
A
\
V \/V
f
>
\
\
H-PRODUCTION
LUM BER
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1923
1924
1925
1926
*
v /
A\
\
\I
/
/
1f
VI
/
/'
1927
1928
100
I923J
1924
1925
1926
1927
1928
although smaller than in April, were considerably
larger than a year ago.
LUMBER AND LUMBER PRODUCTS
The production of lumber was generally lower than
a year ago, most of the principal species showing declines. As compared with April, the output of southern pine gained, while Douglas-fir production declined.
Shipments of both Douglas fir and southern pine were
larger than in either the previous month or May of
last year. Lumber prices were somewhat stronger
than in April but averaged lower than a year ago.
Production and shipments of maple flooring were
lower than a year ago, while for oak flooring these
items showed gains over the same period. Stocks of
flooring, both species, were larger than a year ago.
1928
were likewise smaller than April but in tonnage were
higher than a year ago. New orders for vitreous
china plumbing fixtures were lower than in either
the previous month or May of last year, but for the
first five months showed a considerable gain. The
production and shipments of Portland cement showed
gains over both the previous month and May, 1927,
while the output of polished plate glass made similar
comparisons.
CHEMICALS
Imports of potash and nitrate of soda, although
smaller than in April, were considerably larger than a
a year ago. Exports of sulphuric acid declined
from both periods but exports of fertilizer increased.
The consumption of fertilizer in Southern States was
greater than a year ago, the gain over the first five
13
months of 1927 amounting to more than 20 per cent.
Exports of coal-tar dyes increased over April but
declined from a year ago. Chemical prices showed
practically no change from either period, while prices
for oils and fats, averaging higher than in April, were
lower than a year ago.
FOODSTUFFS AND TOBACCO
The visible supply of wheat at the end of May was
considerably larger than a year ago. Receipts and
shipments were larger than in either the previous
month or May of last year and prices averaged higher
than in either period. The visible supply of corn
showed a substantial decline from a year ago, while
receipts and shipments increased. Corn prices aver-
but inspected slaughter was greater than in either the
previous month or May of last year. Storage of lamb
and mutton was greater than a year ago, while prices
for sheep and lamb, averaging lower than in April,
were higher than May of last year.
The factory output of butter was smaller than a
year ago, while receipts, although larger than in
April, were likewise smaller than last year. Storage
holdings of creamery butter were considerably smaller
than a year ago. The wholesale price of butter,
showing no change from the previous month, averaged
higher than a year ago. The production of cheesefsvas
smaller than in May of last year. Wholesale prices
of cheese showed no change. Receipts of eggs,
although higher than in April, were somewhat lower
THE TOBACCO INDUSTRIES
[Relative numbers, monthly average, 1923-1925, taken as 100. Where available, May, 1928, is latest month plotted]
1,000
UNMANUFACTURED TOBACCO
n
1 1 1 1 1 1
1926
1925
• CC
100
/s/
\
I
V
1927
\
\
1923
1923
1
Mini il
1924
11
nil
I I M I M
1925
1927
1928
A
/
.. 1 1 . 1 < .
1926
MANUFACTURED TOBACCO
I . .
..I,.!.,!,,
1927
. I i .i i ii I M I . 11 i i I n ! n I i i I i i! M I
1928
aged higher than in either period. Total grain
exports, although higher than in April, were considerably lower than a year ago.
Cattle receipts and slaughter declined from a year
ago. Exports of beef products were lower than a year
ago, but higher than in April, while storage holdings
showed a considerable decline from both periods.
Wholesale prices of cattle and beef were generally
higher than in either the previous month or May a year
ago. Receipts of hogs were higher than last year,
while inspected slaughter, although higher than in
April, was lower than a year ago. Storage of pork
products was considerably larger than last year.
Prices for hogs and pork products were higher than in
April, although pork products were lower than last
Receipts of sheep were lower than a year ago,
1926
A
H/
CIG \RS
Illllllll
1924
NSUMPTION
.A
\
1928
1923
1924
1925
1926
1927
1928
than a year ago, while storage holdings were also
lower than last year.
Sugar imports were lower than in either the previous
month or May of last year. Refinery stocks of raw
sugar gained over both periods. Prices of sugar
showed no change from April but were generally
lower than a year ago.
Consumption of cigarettes in May was larger
than a year ago. Cigarette exports in May were
smaller than in either the previous month or May of
last year, but for the first five months were more than
30 per cent larger than a year ago. Sales of tobacco
at loose-leaf warehouses were considerably smaller in
either the previous month or a year ago, while prices,
although lower than in April, were considerably
higher than a year ago.
14
TRANSPORTATION
Freight-car loadings were lower than in May, 19/27, all
groups showing a decline from a year ago except grain
and grain products and miscellaneous.. More surplus
freight cars were available at the end of May than a year
ago. Clearances of vessels engaged in foreign trade
showed a tonnage gain over the previous month but a decline from a year ago. Merchandise warehouse space at
the end of April was 70 per cent filled, showing no change
from the condition at the end of the previous month.
Interest rates on all types of money averaged
higher than in either the previous month or May of
last year. Loans to brokers and dealers continued to
increase, while dividend and interest payments scheduled for June were greater than in either the previous
month or June a year ago. Business failures showed
smaller liabilities than a }^ear ago but more firms failed
than in May of 1927. New sales of ordinary life
insurance gained over both the previous month and
May of last year.
WHOLESALE TRADE
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1928, is latest month plotted.
DISTRIBUTION
Newspaper advertising showed declines from both
the previous month and May of last year. Magazine
advertisings declining from the previous month, was
greater than a year ago. Postal receipts were greater
than in either the previous month or the same month
of 1927. Sales of mail-order houses and 10-cent
chain-store systems showed gains over a year ago.
BANKING AND FINANCE
The volume of check payments, both in and outside of New York City, showed gains over both the
preceding month and a year ago. Loans and discounts of Federal reserve member banks, declining
from the previous month, were higher than a year ago.
Rediscounts by Federal reserve banks continued to
show gains over both periods. The reserve ratio at
he end of May was lower than at the end of either
the previous month or May, 1927.
Curves are adjusted for seasonal variation]
GOLD, SILVER, FOREIGN EXCHANGE, AND TRADE
Gold receipts at the mint were larger in May than
in either the previous month or May, 1927. Imports
of gold declined from both periods. Gold exports,
although smaller than in April, were considerably
greater than a year ago. The monetary stock of gold
at the end of May declined from both prior periods.
Silver production, although greater than in April, was
smaller than a year ago. Stocks of silver in the United
States were considerably smaller than a year ago.
Silver prices at New York averaged higher than in
either the previous month or May of last year.
Exchange on the principal foreign countries showed
little change from the previous month but, as compared
with a year ago, most currencies were higher, the
principal exceptions being the Japanese yen, and the
Canadian dollar. Imports and exports of merchandise
into the United States showed larger values than in
either the previous month or May, 1927.
15
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. All of the index numbers have been reworked to a comparable basis
on the average of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating
the abnormal period'prior to 1923. The data covering mineral and manufacturing production are those compiled by the Federal Reserve Board and are here substituted for those previously given. The complete series
on these two indexes as well as for animal and crop marketings and the output of forest products are given on
pp. 18 to 22, inclusive, of this issue.
Maximum
since
Jan. 1,
1923
Minimum
since
Jan. 1,
1923
120
125
133
124
134
116
124
125
123
March
April
90
77
1
88
0
82
93
75
85
118
131
88
123
104
87
108
119
100
114
115
90
124
421
131
148
160
187
79
26
76
68
64
44
231
205
199
251
346
266
PER CENT INCREASE (-f)
OR DECREASE (—)
1928
1927
May
March
April
May, 1928,
from
April, 1928
May
May, 1928,
from
May, 1927
PRODUCTION
(Relative to 1923-1925 monthly average as 100)
MINERALS
Total
Bituminous coal
Anthracite coal
Crude petroleum
Iron-ore shipments
Copper
Zinc
Lead
Silver
+ 1.0
-3. 7
-1. 1
-2. 6
-3. 3
-33. 3
+ 2. 8
+ 4.7
-11. 5
-2.2
105
99
79
121
106
110
120
90
108
94
117
120
120
107
108
113
90
102
112
109
94
103 | 104
87
93
109
114
119
116
80
110
103
113
114
100
100
89
88
94
65
88
113
96
161
95
72
79
143
102
116
115
135
93
143
135
142
97
49
92
118
97
160
95
61
83
130
101
137
107
195
90
139
115
156
45
38
60
55
11
23
89
62
112
61
110
105
62
45
114
72
36
62
57
115
93
57
29
77
112
106
44
60
40
81
66
91
47
58
25
.78
136
.94
56
23
-11. 1
| + 18. 2
| + 49. 5
| + 100. 0
|
-3. 4
-8.0
+ 12.9
+ 36. 8
+ 18. 3
+ 1. 1
112
112
151
161
148
80
80
54
18
66
94
95
100
32
108
93
90
119
74
99
99
97
117
113
91
97
98
102
25
103
92
95
111
77
91
100
97
120
140
85
+ 8. 7
+ 2. 1
+ 8. 1
+ 81. 8
-6. 6
+ 1.0
113
120
121
106
118
110
134
117
122
121
142
138
123
82
59
77
92
91
90
47
86
92
87
84
66
93
110
115
114
99
113
91
106
99
119
108
135
123
116
109
116
112
98
114
88
106
99
109
112
134
131
122
111.
116
116
103
112
95
103
100
108
111
132
127
122
110
110
110
117
114 I 125
107
106 I 101
97
96
105
118
125
118
97
91
96
110
108
114
96
99
101
108
113
109
110
111
107
147
150
141
131 !
135
119 ! 120
119
+ 6. 9
+ 4. 6
— 2. 5
+ 6. 8
-0. 9
0. 0
-1. 1
ANIMAL PRODUCTS (marketings)
Total
Wool
Livestock
Poultry and eggs
Dairy products
Fish
__ _
+ 12.
+ 219.
+ 8.
+ 6.
+ 13.
+ 13.
6
7
4
9
9
9
-7. 0
+ 44. 4
.—3. 2
-2. 8
—.14. 8
+ 9. 9-
CROPS (marketings)
Total
Grains*
Vegetables*
Fruits*
Cotton products*
Miscellaneous crops*
72 I
70 r
-1. 8
-20. 7
FOREST PRODUCTS
Total
Lumber
Pulp wood
Gum (rosin and turpentine)*Distilled wood
0. 0
+ 2. 6
+ 23. 9
-6. 6
MANUFACTURING
Grand total (adjusted for working days)
Iron and steel
Textiles
Food products
Paper and printing
Lumber
Automobiles
Leather and shoes _
Cement, brick, and glass
Nonferrous metals
Petroleum refining
Rubber tires
Tobacco manufactures
' Fluctuations between maximum and minimum due largely to seasonal conditions.
-0.0
-6. 4
+ 5. 9
-.1. 0
+ 5. 9
-6. 2
-1. 8
+ 3. 1
+ 4. 6
+ 0. 9
+ 2. 0
-0. 9
+ 0. 9
-7. 8
-3. 6
+ 11. 6
— 4. 2
+ 4.9
— 1.0
+ 4. 6
0.0
.+ 13. 6
+ 0.8
-1. 6
16
INDEXES OF BUSINESS—Continued
Maxi- Minimum
mum
since
since
Jan. 1, Jan. l,
1023
1923
1927
March
April
PER CENT INCREASE ( + )
OR DECREASE (—)
1928
May
March
April
May
May, 1928,
from
April, 1928
May, 1928,
from
May, 1927
STOCKS
(Relative to 1923-1025 monthly average as 100)
(Corrected for seasonal variation)
Total
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities ._
153
222
170
119
139
84
72
71
84
73
136
161
153
86
125
129
140
148
93
123
135
160
138
108
121
137
157
145
100
130
133
154
131
107
127
139
182
118
93
125
+ 4.5
+ 18.2
-9.9
-13. 1
-1.6
+ 3.0
+ 13.8
-14.5
-13.9
+ 3.3
150
198
196
132
136
77
60
64
79
74
146
198
138
84
128
133
166
123
84
126
145
108
89
121
148
198
131
97
133
139
183
117
97
129
129
163
102
96
125
-7.2
-10.9
-12. 8
-1.0
-3. 1
+ 5.7
+ 12.4
-5. 6
+ 7.9
+ 3.3
157
154
157
204
142
67
62
66
53
56
81
89
76
86
79
77
88
73
74
76
74
88
64
73
86
81
75
90
71
72
77
71
82
73
70
74
72
72
73
79
-5.2
+ 1.4
-12. 2
0.0
+ 11. 4
-1.4
-18.2
+ 12.5
0.0
-9.3
124
119
125
128
167
188
128
118
125
129
82
86
87
71
43
26
68
82
88
72
103
94
104
95
144
108
111
102
117
100
90
90
104
76
88
64
100
96
108
96
87
95
109
76
54
39
111
93
98
83
95
105
87
131
89
110
95
120
107
86
88
105
70
75
53
99
89
112
89
96
110
75
57
35
114
97
109
87
+ 3.5
+ 9.1
+ 4.8
+ 7.1
-24. 0
-34. 0
+ 15.2
+ 9.0
-2.7
— 1. 1
+ 2.3
+ 1.7
+ 0.9
-1.3
+ 5. 6
-10.3
+ 2.7
+ 4.3
+ 11.2
+ 4.8
156
64
120
99
125
115
116
+ 0. 9
+ 17.2
250
224
350
169
160
161
163
62
77
47
82
79
70
55
116
174
148
143
111
115
96
135
172
199
144
113
136
150
123
171
171
134
113
115
109
133
224
200
163
107
119
117
135
202
195
154
100
130
130
139
213
221
164
110
127
130
+ 3. 0
+ 5.4
+ 13. 3
+ 6.5
+ 10. 0
-2. 3
0.0
+ 13. 0
+ 24.6
+ 29. 2
+ 22. 4
-2. 7
+ 10. 4
+ 19.3
186
117
71
83
100
106
111
106
102
103
103
103
102
104
107
101
+ 4. 9
-2.9
+ 4. 9
-1.9
109
112
114
114
107
112
106
111
107
90
90
85
87
80
86
97
88
85
97
91
97
99
86
97
104
110
97
97
90
96
98
86
93
103
110
96
91
94
97
87
91
103
99
101
92
92
94
91
82
93
101
105
91
90
91
91
83
88
101
105
91
91
90
88
92
83
86
101
92
94
0.0
0.0
-3.3
+ 1. 1
0.0
-2.3
0.0
-12. 4
+ 4. 4
-5.2
-1. 1
-6.4
-5.2
-4.6
-5. 5
-1.9
-7. 1
-6.9
110
108
110
115
87
82
82
86
98
88
93
110
97
86
93
109
97
86
93
108
92
86
91
93
94
84
93
94
94
85
96
93
0.0
+ 1.2
+ 3.2
— 1.1
-3. 1
-1.2
+ 3.2
-13. 9
(Unadjusted Index)
Total
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities. .
UNFILLED ORDERS
(Relative to 1923-1025 monthly average as 100)
Total
Textiles
Iron and steel
Vehicles
Lumber
-WHOLESALE TRADE
-
(Relative to 1023-1025 monthly average as 100)
Grand total, all classes.
Groceries
Meats
Dry goods
Men's clothing
Women's clothing..
Boots and shoes
Hardware
Drugs
Furniture
RETAIL TRADE
(Relative to 1023-1025 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)t
CHAIN STORES: t
Ten-cent
Grocery
Wearing apparel
Drug
Cigar...
Candy
Shoe
-
DEPARTMENT STORES: *
Sales
Stocks
EMPLOYMENT
(Relative to 1023-1025 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
Metal products other than iron and
steel
Tobacco products
Vehicles
Miscellaneous-
t Sea tabto pp. 20 and 21 of the May, 1928, issuetorearlier data.
* See tables on pp. 20 and 21 of the April, 1928, issue for earlier data.
17
INDEXES OF BUSINESS—Continued
Maxi- Minimum
mum
since
since
Jan. 1, Jan. 1,
1923
1923 March
1927
April
PER CENT INCREASE (+)
OR DECREASE (—)
1928
May
March
April
May
May, 1928,
from
April, 1928
May, 1928,
from
Itay, 1927
EMPLOYMENT—Continued
(Relative to 1923-1925 monthly average as 100)
Amount of pay roll, by industries:
Total, all classes
Food products
Textiles
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
Stone, clay, and glass
Metal products other than iron and steel
Tobacco products
Vehicles
Miscellaneous
PRICE INDEX
111
108
115
117
107
117
114
114
111
114
111
114
119
85
90
78
79
84
77
94
89
84
81
81
79
86
103
94
102
106
92
97
111
114
101
102
85
98
117
102
93
97
104
91
91
110
114
104
95
82
100
119
101
96
95
101
94
88
110
104
106
99
88
101
115
96
96
94
97
87
92
110
107
91
94
84
98
97
95
92
87
97
88
80
110
107
94
95
78
100
99
95
94
86
99
89
77
110
99
97
97
81
101
96
152
178
253
154
166
252
108
125
108
108
98
122
81
79
126
121
140
144
133
102
81
125
119
147
143
133
101
80
126
127
158
137
130
113
79
137
136
174
139
137
147
89
140
144
179
142
134
154
85
148
160
181
151
134
166
105
114
106
127
114
112
113
116
104
111
127
U
94
85
98
94
81
97
90
95
98
85
95
94
95
101
94
90
98
95
97
98
91
94
94
95
102
94
85
98
95
98
98
91
94
96
94
104
94
84
99
95
95
98
91
96
104
98
124
97
81
98
91
96
98
87
97
108
100
127
97
81
98
93
96
98
85
128
103
109
106
96
93
93
93
97
95
94
95
96
94
93
94
96
94
94
93
98
95
98
94
106
112
85
95
97
97
97
96
99
96
172
167
186
177
179
208
123
176
158
141
163
160
156
174
118
171
164
154
172
172
166
189
122
173
164
154
171
172
161
181
122
173
164
155
170
171
160
179
122
173
0 0
+ 2. 2
-1. 1
+ 2. 1
+ i. i
-3. 7
0.0
— 7. 5
+ 3.2
+ 2. 1
+ 3.8
+ 1.0
-3.0
-5. 9
-2. 1
-9. 5
- 2 . 0.
-5. 3
-12; 5
0. 0
-4. 8
-"8. 5
-^0
-8,0
0. 0
-16. 5
NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
G rains
Fruits and vegetables
Meat animals
.
Dairy and poultry
Cotton and cottonseed.-.
Unclassified
+ 5.7
+ 11. 1
+ 1.1
+ 6.3
0.0
+ 7.8
+ 1.2
+ 17.5
+ 26. 0
+ 14. 6
+ 10. 2
+ 3. 1
+ 46.9
110
101
126
97
82
99
94
95
98
85
+ 2.1
+ 1.8
+ 1.0
-0.8
0. 0
+ 1.2
+ 1.0
+1.1
-1.0
0. 0
0.0
+ 5.3
+ 14. 6
+ 7.4
+ 21. 2
+ 3.2
98
96
100
95
99
97
101
96
+ 1.0
+ 1.0
+ 1.0
+1.1
+ 3. 1
+ 3.2
+ 7.4
+ 3.2
104
104
106
104
104
102
-1.9
-1.9
+ 5. 1
+ 6.2
161
151
165
173
163
184
122
171
161
152
163
171
160
179
122
171
162
154
163
171
158
176
122
171
+ 0.6
+ 1.3
-1.2
-0. 6
-4. 1
0.0
-1.2
-1.7
0.0
-1.2
+ 8.9
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926 monthly average as 100)
All commodities
Farm products
Food, etc
Hides and leather products
Textile products
Fuel and lighting
Metals and metal products
Building materials
Chemicals
House-furnishing goods
Miscellaneous
, _ _.
Classified by state of manufacture:
Semimanufactured articles!
Finished products!
Raw materials f
Nonagricultural commodities
-2.4
0.0
-1. 1
0.0
0.0
-6.6
Commercial Indexes
(Relative to 1926 monthly average as 100)
Dun's
Bradstreet's
COST OF LIVING
National Industrial Conference Board Indexes
(Relative to Juiy, 1914)
All items weighted
Food (Dept. Labor)
Shelter
Clothing
Fuel and light (combined)
Fuel.
Light
Sundries
t See table on p. 23 of June issue for earlier data.
111271—28
3
0.0
0.0
-1.2
-1.7
0.0
0.0
18
OUTPUT OF FOREST PRODUCTS
(Relative to 1923-1935 monthly average as 100)
Pi
ill
ni
MONTH
1920
January
February
March
April
78
1922
77
79
89
91
103
91
118
125
43
24
12
29
113
108
118
116
75
72
83
84
74
73
83
84
86
70
101
99
48
28
32
57
90
90
82
85
87
87
80
85
121
103
93
75
80
112
135
123
109
115
116
135
100
100
92
102
99
100
93
103
108
101
81
92
105
115
115
123
83
81
71
55
82
78
68
52
78
101
94
75
114
97
91
82
113
105
100
90
96
97
96
80
98
98
94
78
84
87
101
83
112
97
109
109
82
80
98
79
112
90
90
91
88
1931
Ill
1924
80
91
93
May
_
June
July.—
August
September......
October
November
December
Monthly average.
ni
1926
92
95
99
108
89
96
101
104
133
97
97
151
56
39
26
61
112
104
112
106
91
96
106
103
90
99
109
103
111
90
101
119
33
27
18
44
110
102
111
113
70
80
84
107
97
88
100
105
96
89
101
127
106
70
83
128
135
157
145
96
76
66
67
108
103
96
97
106
103
97
100
121
92
67
54
102
156
161
153
103
89
86
94
84
106
136
146
97
101
93
88
97
100
92
86
89
112
106
101
127
100
106
116
72
83
79
84
98
97
92
85
99
98
91
84
75
82
99
90
132
124
109
124
93
105
105
105
97
96
106
100
98
98
92
99
1923
1925
1927
January.
February
March
April
50
56
67
70
49
58
69
70
66
48
64
83
37
25
25
42
89
80
101
100
89
80
102
100
91
84
100
103
58
38
37
67
148
121
130
118
97
93
105
108
96
105
106
82
114
141
45
40
40
63
101
89
98
101
May..
June
July
August
September
October.
November
December
Monthly average.
76
75
70
75
77
77
71
76
69
53
47
58
80
106
116
112
110
108
98
109
109
109
100
111
119
99
65
78
123
138
147
159
126
120
109
105
108
108
101
108
107
109
102
111
120
93
85
66
123
149
155
137
94
93
72
76
78
73
73
75
76
70
62
80
94
93
102
86
98
107
100
107
101
87
103
108
101
84
69
99
99
115
130
127
109
120
92
104
114
109
112
100
97
111
112
98
96
78
109
115
111
128
106
77
90
93
94
104
109
70
70
68
78
99
100
93
104
49
104
101
89
83
88
95
90
72
83
100
119
42
33
32
74
114
98
108
99
97
96
91
102
117
88
64
113
133
124
119
91
92
90
116
99
94
91
83
84
100
111
111
124
117
109
113
104
100
95
93
102
93
REVISED INDEXES OF OUTPUT OF FOREST PRODUCTS AND MARKETINGS OF CROPS AND ANIMALS
(1923-1925 monthly average=100)
There are presented herewith revised indexes of the output
of forest products and the marketings of crops and animal
products, revisions having been made in the weightings and
base period. For both the weightings and base period the average for the years 1923-1925, inclusive, has been taken.
FOREST PRODUCTS
For forest products the same items and sources have been
used as in the original index, the index being constructed in
the same manner. (See issue for August, 1922.) The commodities for which monthly data are available constitute about
40 per cent of the estimated timber cut from the forests each
year and represent about 80 per cent of the value of forest
products marketed for manufacturing purposes. The revised
weightings for forest products follow:
for which monthly data are available and which are included
in the index represent approximately 87 per cent of the total
sales value of all crops. The old index was weighted by the
values of crops grown as adduced from census returns covering
1919, while the revised index is weighted by the average farm
income from sales for the years 1923 to 1925, inclusive, as
computed by the Department of Agriculture. The revised
weightings for crop marketings follow:
ITEM USED
GRAINS:
Corn __
Wheat
Oats
Barley
__
Logs used for lumber and lath
Pulp wood-Gum..
Hardwoods in distillation
Total..
4
3
4
Rice
150
Total..
VEGETABLES:
100
CROP MARKETINGS
For crops the same items and sources have been used as in
the original index. (See issue for July, 1922.) The commodities
45
77
17
Rye
ITEM USED
WEIGHT
Potatoes (white)
Sweet potatoes .
Tomatoes
OnionsCabbage
Celery
Total
25
_ _
i!2
2
1
39
19
ANIMAL MARKETINGS
ITEM USED
For animals a change has been made in the items included,
especially as respects the substitution of butter receipts for
receipts of milk at New York, the entire weight for dairy products being assigned to butter receipts. Except as noted below,
the index is constructed in the same manner as the old index.
(See issue for June, 1922.) As in the case of crop marketings,
the revised index of animal marketings is weighted by the
average farm income derived from sales by farmers during the
years 1923 to 1925, inclusive. The old index was given by
commodities, while the revised index is shown by major groups.
The revised weightings for animal products follow:
FRUITS:
Apples..
Peaches
Citrus fruits...
Grapes
Pears
Watermelons. _
Cantaloupes . . .
Strawberries. . .
Total
COTTON PRODUCTS:
Cotton___
Cottonseed
Total
169
MISCELLANEOUS:
ITEM USED
Hay
Tobacco
Flaxseed
Cane sugar
WEIGHT
Livestock
Dairy products
Poultry and eggs
Wool
Fish
Total
Total
Grand total..
22
15
5
1
1
44
COLD-STORAGE HOLDINGS, TOTAL FISH, 15TH OF MONTH1
[Thousands of pounds]
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
January..
February..
March
April
32,235
14,727
13,374
9,516
51,116
35,907
28,457
26,548
80,684
67,617
50,036
37, 111
61, 510
47,904
29,958
20, 633
53,851
42,117
33,404
28,444
48, 320
37,742
25,474
17,485
40,033
27,070
16, 724
10,590
52, 627
40,421
29,571
21,489
55,308
44,034
29,865
22,442
48,181
37,378
24,894
16,154
58, 655
48,684
34,887
24, 731
53,921
44,872
34, 528
26, 473
May
June
July
August
14,040
27, 791
38,431
44,025
31, 403
50,298
64,865
82, 555
37,174
48,840
59, 674
65,145
19,804
27,779
36, 618
47,140
26,346
32,311
40,160
47,431
17,074
20,818
25, 621
32, 227
12,312
17, 780
27,237
39,101
21,840
27,115
36,036
49,026
23, 749
31,980
40,458
47,474
21,540
31,346
45,606
57,627
29,782
26,358
42,118
54,061
47,198
60,677
70,939
69, 987
89,204
93,812
99,632
96,600
69,581
76, 763
78, 769
74,202
56, 296
64,731
67,549
65,841
54,469 | 41,139
58,899
54, 755
61,228 I 54, 503
59,126
53, 220
62,616
63,458
64, 290
56,607
67,025
70,406
68,325
55,447
58,358
61,849
58,048
64,657
70,310
75,035
69,854
60,330
65,960
66,790
64, 787
36,912
62,533
62,133
45,480
44,816 |
36,203
45,041 |
44,084
46,882
48,957
1916
MONTH
September
October
November...
December
I
_
37,753
44,703
42,784
Monthly average.
35,321
i Compiled by the U. S. Department of Commerce, Bureau of Fisheries, representing total fish stocks, including fish frozen when imported, at principal warehouses on
the 15th of the month.
COLD-STORAGE HOLDINGS, TOTAL MEATS, INCLUDING LARD, END OF MONTH1
[Thousands of pounds]
1917
MONTH
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
January...
February.
March
April
961, 658
1,002,119
917,169
889,591
1,177, 275
1,330, 909
1, 444,815
1,422, 701
1,590, 665
1, 561, 788
1, 501, 233
1,444,852
1, 284,179
'., 3S0, 704
., 437,135
., 394, 327
1,059, 607
1, 255, 723
1, 236, 320
1,194,980
685,480
741,850
803, 448
808, 942
932, 517
1,017,009
1, 098, 551
1,179,016
1,041,903
1,131,426
1,193,583
1,165,952
1,132, 699
1,251, 548
1,192, 275
1,150, 999
760,289
821,853
846,171
812, 708
820,139
900,101
971, 565
993,134
May
June
July..-.
August.
904,232
973,795
1,005, 721
880,291
1,405, 973
1, 257, 248
1, 238,912
1,140, 529
1,366,864
1,346, 589
1,271,859
1,149, 221
., 361, 035
., 387, 780
., 306, 613
1,147, 999
1,199, 201
1,193, 703
1,093,896
926,867
868,820
970, 943
931, 608
1,129, 754
1,164, 647
1,126,738
983,876
1,156,237
1,157, 522
1,080, 261
950,327
1,043,314
1,024,249
936,349
809,639
783, 605
826,247
901,159
876,502
1,012,427
1,100,477
1,123, 747
1,034, 057
702,731
624,340
753,410
1,035,917
995, 724
958,354
1,019, 742
1, 303, 566
1,060, 715
946,755
914, 248
1,078,172
893,035
717, 624
692,319
879, 564
692, 570
539,498
546, 660
614,144
664,526
549,146
601, 671
803,297
796,067
663,803
774,820
949, 582
756,635
567,466
634,058
946,801
633,385
523, 731
544, 265
658, 209
724, 528
594,580
578,075
692,024
822, 973
635,349
587,338
721,055
887, 581
1, 224, 646
1,269,413
1,157, 693
962, 7G4
73, 050
981,848
908,389
768,145
893,530
September
October
November
December
Monthly average..
1
I
Compiled by the XI. S. Department of Agriculture, Bureau of Agricultural Economics, representirg total meats and lard held in cold-storage warehouses and meatpacking establishments at the end of each month. It should be noted that these holdings are distinctly:
.ctly seasonal.
20
MARKETINGS OF CROPS AND ANIMAL PRODUCTS
(Relative to 1923-1925 monthly average as 100)
CROPS
ANIMAL PRODUCTS
MONTH
1920
January. _.
February.
March...
April
May
June
July....
August.
113
88
72
45
45
52
63
68
September..
October
November..
December..
102
145
134
111
Monthly average.
86
1934
81
70
64
46
58
45
66
46
39 134
39 88
44 65
32 46
56
73
89
91
44
75
71
66
48
58
77
86
82 89
106 92
82 104
50 85
30
22
29
25
118 112 135 68
114 154 206 142
92 114 114 165
88 50 58 141
82
75
78
80 138
104
58
63
57
55
78
38
32
33
81
65
77
68
56 92 92
59 117 90
87 101 119
187 79 117
34
18
21
35
87
103
94
87
202 125 166 165
205 166 220 257
139 100 116 255
114 64 54 220
81
76
80
72
91 90
51 93
35 108
40 86
114 101 101
81
66
1921
January..
February..
March
April
May...
June
July....
August.
SeptemberOctober
November..
December..
Monthly average.
113
78
95
62
69
61
80
79
50
51
56
51
112
75
68
45
70
76
84
105
84
110
134
177
82
96
75
79
68
71
91
96
47
47
58
96
129
159
116
108
162 136 134
131 183 177
72 77 74
104 55 48
180
197
169
155
100
110
80
90 i 126 104
107
72
70
38
Monthly average.
114 76
131 65
91 112
52 108
40
37
37
39
77
42
45
36
102
74
63
53
73
67
66
98
96 112 93
87 125 73
107 81 83
150 95 114
49
41
32
46
52
56
79
96
161 145 185 131
145 163 195 215
124 93 103 197
143 61 60 133
159
231
194
148
99
117 103
88
87
91
109
1923
January...
February..
March
April
May...
June
July....
August.
SeptemberOctober
November..
December..
26
30
46
43
27
12
13
70
91
103
85
94
59
97
186
206
135 161 207 218
91 171 245 290
93 87 110 262
116 61 54 226
84
89
82
80
53 107 71
70 114 69
87 83 128
126 80 110
88 102
Monthly average.
131 77
90 70
85 113
71 106
60
55
55
46
77
37
39
26
49
48
57
93
50 91 90
58 101 76
87 68 98
150 76 101
32
23
24
47
92
116 139 168 133
111 165 251 216
110 94 143 189
113 60 60 146
98
97 100
99 119 106
84
90
70
60
50
80
68
89
73
82
117
50 107
48 68
56 62
53 52
49 94 83
75 137 74
141 105 168
141 75 172
42
19
11
48
112 142 207 193
114 184 245 346
91 99 127 320
77 74 67 238
89 102 113 125 116
89 88
76 83
62 112
45 114
94 114 70
90 98 121
78 68 124
83 56 94
109
124
122
101
86
195
270
246
100
L03
96
108
112
83
93
125
106 68 100
120 72 89
115 108 64
128 135 70
112
114
104
126 104 101 103
96
55
50
71
98
89
76
59
47
46
71
91
,
89 120 86
41 99 84
93 95 104
75 94 137
98 62
79 72
81 116
77 126
54
51
62
68
88
79
64
65
84
82
87
100
67 83 123
116 | 154 85 117
111 ! 289 82 85
98 155 86 68
100
142
138
151
90
L00
91
93
56 90 69
44 113 71
55 101 107
42 102 124
159
119
85
53
80
96
83
96 101
112
83
83
97
77
83
134
104
83 125 115
85 126 160
80 92 144
85 82 107
129
157
167
180
95
81
72
76
138
134
112
73
68
79
74
88
79
94
89
36
38
88
67
126
221
305
164
91 138 120
89 111 166
78 79 137
90 68 108
100
119
111
96
104
171
340
178
65 97 61
65 120 62
73 113 88
59 104 126
94
81 100
72
67
68
95
95
94
92
93
96
84
1923
62 139
61 108
61 110
72 72
57 115 93
76 130 91
116 99 114
169 86 124
! 113 103 113 103 118 132
96
79
88
79
64 99 77
52 109 76
64 102 125
75 92 142
106
90 102 101
1927
109
79
57
31
12
74
178 146 183 186
160 199 223 260
109 107 96 227
104 74 57 145
93
1926
93 69
78 68
81 108
72 148
92
76
102
109
161
116
142
153
154
187
150
154
119
79
101
100
70
62
102
134
102
104
101
82
73
93 j 120
96 140 120
87
92 110 164 103
93 93 164 127
87 72 121 I 113
26 117 68
36 92 81
41 87 105
31 83 135
96
84
89
90
80 108 104
84 88 137
68 66 107
82 72 110
111 83 67
82 100 64
83 93 90
114 83 111
90
58
99
93
1925
1922
1927
98
64
65
52
133
174
149
122
54 121
45 76
45 69
53 42
1926
92
82
67
48
145
178
147
124
86
89
95
95
100
91
96
98
57
57
78
94
1921
76
68
77
78
1922
January...
February.
March
April
May
June
July....
August .
September.
October
NovemberDecember..
99
30
99
120
165
1924
52
51
62
49
51 109
42 78
42 88
34 75
1925
110
96
87
57
89
1920
91 103 103
96
92
97
89 j 103 103
136
21
INDEX OF INDUSTRIAL PRODUCTION
l
[Adjusted for seasonal variations, except where otherwise noted. 1933-1935 average—100]
TOTAL
INDUSTRIAL
MANUFACTURES
1924 monthly av
1925 monthly av
1926 monthlv av
1927 monthly av
94
105
108
106
88 90 102 99 96 91 93 95 99 98 99 99
106 104 98 106 105 107 97 110 107 115 116 105
113 104 98 114 100 109 98 112 112 125 116 112
104 114 97 112 94 86 103 109 109 136 121 117
96
99
107
107
92 109 97 79 100 97 109 100
99 77 103 102 107 107 111 98
110 104 105 112 110 116 116 96
98 100 122 93 105 111 112 93
77
80
30
63
93
Silver
95
104
108
106
54
63
64
74
86
Lead
109 52 88
110 61 114
112 64 40
69 76 80
115 100 114
67
78
39
69
94
Zinc
88
108
79
80
109
53
68
62
78
95
Un- Adadjust- justed
ed
Iron ore shipments
Copper
77
89
70
74
105
53 104
55 95
41 91
66 103
99 103 110
79
79
68
89
Total
Crude petroleum
Anthracite
coal
83
86
85
88
96
Leather a n d
shoes
Cement, brick,
and glass
Nonferrou s
metals
PetroI e u m
refining
55
78
85
76
86
66
85
95
Automobiles
82 92 93
99 84 84
46 88 84
83 99 94
106 105 100
Lumber
84
86
66
87
101
Paper and
printing
83
87
67
85
101
Food products
Bituminous
coal
__
Textiles
Tobacco manufactures
1919 monthly av
1920 monthly av
1921 monthlv av
1922 monthly av
1923 monthly av
Total
Un- AdadUn- Adjust- justaded
ed
just- justed ed
Iron and steel
YEAR AND MONTH
Rubber tires
•
MINERALS
66
77
84
87
103
87
39
68
96
88
1919
January
Februarv
March
April
81
78
76
83
80
77
82
81
78
84
81
78
100
96
85
76
70
71
93
92
90
70
70
63
68
75
77
57 108
51 99
48 96
34
37
40
78
71
60
48
50
49
75
79
87
74
63
61
78
69
68
78
78
80
79
74
83
95
69
78
45
101
45
60
53
73
65
73
May
80
77
80
78
65
92
97
69
77
40
106
53
50
56
72
75
75
June
July
August
84
87
83
87
85
87
84
88
81 96
91 101
92
92
75
79
79
79
40 102
47 100
56
60
53
56
55
54
74
75
8?
88
78
82
89
89
90
90
98
98
90
80
81
48
105
64
67
55
81
83
79
97
89
87
89
87
77
103
96
79
83
106
67
75
56
84
94
85
107
88
86
86
85
87
90
85
89
67 106
74 108
93
91
81
83
85
84
53
63
103
68 109
66
66
72
80
58
57
89
101 I
96
63
88
61
81
85
82
87
75
104
89
84
78
72
109
51
79
55
104
70
74
96
September
October
November
December
88 118
78 91
82 79
51
49
50
87
107
48
96
84
69
69
92
106
47
99
51 98
54 100
64
67
73
116
54
53
76
111
55
81
115 119
41 121
53
54
98
85
80
118
55
94 106
101 111
80
i
80
85
75
1920
January
February
March
April
._
__ -
95
104
98
88
87
86
113
82
85
54
100
82
85
104
111
57
95
89
97
95
89
102 105
101 102
88 103
89
87
80
87
88
90
91
88
87
79 107
68 105
52 105
81
75
66
83
83
81
55
58
58
92
100
93
78
80
73
84
89
83
100 110
110 118
103 98
57
59
59
87
86
82
81
88
95
94
88
92
92
87
90
90
88
93
91
86
91
90
88
100
106
103
96
84
79
88
88
84
90
89
92
78
79
74
56 120
56 116
57 106
65
64
62
78
83
83
60
65
64
93
87
77
86
95
94
85
90
89
100 118
110 116
107 116
58 108
59 109
60 106
80
82
80
95
83
89
94
96
96
94
97
96
89
88
88
88
108
78
82
88
76
53
93
62
81
68
81
98
92
111
117
62
111
83
88
88
85
87
85
107
76
78
88
75
50
79
60
75
70
81
94
85
111
70
62
107
79
87
85
78
82
75
83
74
80
72
101
89
68
58
74
81
85
78
75
69
40
34
66
62
65
65
70
70
70
70
81
77
100
97
91
92
111 114
110 113
63 127
65 130
74
78
78
73
68
70
65
67
83
50
75
74
61
35
67
64
62
70
91
16
70
87
91
114
120
65
70
59
66
65
64
64
67
66
65
65
64
64
63
64
65
64
63
63
71
61
47
39
64
70
79
85
77
80
83
85
67
68
66
63
54
62
64
64
25
31
41
47
70
72
74
81
46
45
51
60
59
53
52
43
69
64
61
65
99
24
30
45
77
81
72
91
89 1 67
66
86
80
77
74
73
89
77
72
75
117
130
114
124
64
64
67
66
65
61
64
38
53
40
3?
35
77
-
._
67
66
66
65
42
87
82
61
69
46
91
63
31
63
83
73
74
89
115
66
18
38
57
66
64
65
65
64
64
35
30
92
92
83
86
60
60
67
69
41 101
45 108
67
69
29
27
63
60
82
82
73
70
71
67
83 114
75 108
65
64
40
42
46
15
14
44
34
54
55
67
CO
Mciv
June
July
August
92
93
93
87
September
October
November
December
1931
Januarv
February
March
April
May
June
Julv
August
69
73
72
66
71
70
94
107
111
83
77
76
76
71
66
39
91
91
62
66
45
98
71
31
61
58
66
85
86
89
71
69
76
106
65
50
16
34
65
68
72
72
66
67
71
72
70
40
51
53
49
98
97
99
97
87
89
83
82
67
72
74
76
66
72
77
83
47
46
43
36
96
97
97
102
68
71
68
63
34
34
39
39
62
65
65
65
64
65
58
60
88
90
85
74
72
78
71
64
68
73
67
67
76
93
77
68
110
110
107
91
60
57
64
70
47
46
17
18
17
14
34
39
47
46
64
74
77
79
72
76
73
75
53
62
97
93
44
46
46
51
76
87
62
69
69
83
48
53
84
104
120
46
72
74
68
79
78
0
74
57
48
50
53
54
78
79
57
63
63
19
30
49
56
55
70
75
100
115
78
73
81
80
101
98
65
65
94
75
77
85
81
72
73
76
76
77
80
64
71
74
74
73
76
80
77
72
81
83
81
86
92
93
102
53
63
61
68
53
58
56
62
51
55
43
57
0
1
2
2
73
73
75
74
78
102
104
68
71
72
75
57
65
71
72
71
70
72
78
77
90
84
99
77
80
83
78
78
83
97
86
88
99, 92
88
98
82
91
93
97
75
126
74
76
80
82
87
76
77
78
89
80
82
89
90
87
85
99
94
96
98
fi4 63
66
COt^
September
October
November
December
73
60
58
10
79
86
74
76
1923
Januarv
Februarv
March
April
.
72
76
78
73
76
80
77
83
81
83
88
85
91
90
89
80
81
56
99
Mav
82
87
84
83
81
86
86
84
88
91
88
86
86
90
89
87
90
93
94
76
94
97
96
101
94
97
97
99
85
86
87
89
87
93
92
92
60
70
70
74
97
99
100
99
oooc
89
96
88
94
89
96
89
94
83
95
102
106
112
94
95
91
90
92
94
68
76
105
108
84
92
96
101
101 112 101
91
93
June..
Julv
August
September..
October
November
December
81
99 97
95 100
80
78
99 98
95 100
95
96
97
87 114
93 115
78
91
93
83
81
81
68
92
80
91
88
98
94
97
94
99
134
99 13?
107 134
45
77
84
24
84
79
81
71
76
i Compiled by the Federal Reserve Board, Division of Research and Statistics, from 60 individual series of data representing the production of about 35 industries and
estimated to represent, directly and indirectly, about 80 per cent of the total industrial production of the United States. The figures are reduced to average daily output
to make figures for each month comparable. In addition, the figures are also corrected for seasonal variation, except the unadjusted total, which is presented to show the
actual output on a daily average basis independent of seasonal conditions. Complete description of this index, which is beijig substituted for the indexes of manufactures
and minerals previously published, was presented in the Federal Eeserve Bulletin for February, 1927, and March, 1927. Figures for 1928 are shown on page 15.
22
INDEX OF INDUSTRIAL PRODUCTION '—Continued
[Adjusted for seasonal variations, except where otherwise noted. 1923-1925 average=100]
TOTAL
INDUSTRIAL
MINERALS
te
88
88
94
97
84
82
88
87
94
95
98
99
83 100
84 93
91 111
93 123
120 99 100
120 101 112
119 104 118
123 106 119
92
94
98
99
99
97
96
95
106 98
113 105
108 104
93 99
109 44 107 114 99
102 116 108 112 99
95 115 110 121 99
92 117 100
100
93
93
98
97
95 123
95 96
93 105
89 94
**<
86 93
75 99
84 96
84 92
99 103
100 106
93 101
84 92
109
112
99
82
113
116
117
103
95
97
98
98
100 101
101 94
94 96
98 95
83
95 112
96 101
97 88
93
91
90
92
80
78
77
80
109
108
107
103
97
95
96
98
99 97 100 103 102
93 95 99 105 92
80 100 95 105
80 100 96 106
110
103
109
107
97
95
95
95
74 101 9*
77 103 94
53 106 94
105 100
115 103
105 103
104
104 110
112
110
108
105
106 106
104 100
111 90
111 103
112 103
113 93
117 97
117 95
87
87
93
95
84 94
84 97
84 103
86 101
117
117
112
108
94
92
92
94
97
95
95
95
86
88
87
86
98
88
66
67
108
113
115
116
94 I 102 110 107
110 102
112 102
117 98
97
94
95
98
94
92
97
97
87
87
89
90
71
76
81
85
94
94
97
97
3
Lead
Un- Adadjust- justed ed
k
3
Zinc
Is
Total
Bituminc
coal
Anthraci
coal
Crude peti
leum
Iron ore shi
ments
s 1
Copper
1923
January...
February
March
April
3
Rubber ti
Un- AdadUn- Adjust- justaded
just- justed
Leather
shoes
Cement, 1
and gli
N o n f c r irous
metalIs
Petrol*
refinin
•a
Total
Automob iles
YEAE AND MONTH
MANUFACTURES
97 100 107 124
94 100
97 106
99 112
107 124
112 133
124 127
MM
May
June
July._
August
September
October.
November
December
96
101
92
1934
January.._
February. _
March
April
May
June
July
August
September
October.
November
December
95
97
100 ! 102
102 I 98
104
82
January
February.
March
April
May
June
July
August
September
October
November
December
1926
January
February.
March
April
May
June
July
August
September
October
November
December
1927
i See footnote on preceding page.
118
113
113
112
97
97
96
91
98 96 92
97 100 95
96 98 97
93 96 101
96 102
93 95
95
90
95
80
71
78
89
91
89
86
90
94 102 101
93 100 99
94 98 95
92 97 98
83 102
80 100
82
98 101
101
92
86
85
76
93 92 100 99 116
97 96 100 99 123
95 100 100 102 115 100
96 101 101 104 112 103
103 97
103 97
100 96
94 100
93
97
95
99
93
96
95
96
96
98
98
97
109
107
110
109
107
110
111
108
106
110
110
112
109
111
108
110
105
104
104
103
101 105
95 101
90 98
92 99
107
96
90
91
107 100
117 98
107 99
111 101
110 96
110 92
116 97
82 100
110
109
112
114
104
104
106
104
115
121
120
120
117
119
133
126
104
105
105
105
105 104
104 99
107 102
113 107
91
89
92
100
118
105
116
132
102 98 112 107
133 100 111 109
132 94 109 108
119 94 108 110
116
117
117
116
122
109
112
118
105
105
105
109
96
98
98
89
102
107
112
113
1
1
3
3
114
118
113
110
91 93
92 98
99 108
96 107
87
92
100
106
100
108
107
109
110
115
117
105
93
97
1935
January
February
March
April
May
June
July..
August
September
October
November
December
102
99
99
102
100
100
90
91
94
94
102
104
104
103
108 129 104 104 110 94
107 94 104 104 111 103
106 93 106 106 110 104
107 102 102 110 110 105
112
112
112
112
109
117
110
118
107
109
109
109
114
119
109
113
114
118
117
112
95
93
108
106
112
108
112
110
107
119
116
111
113
110
92
98
90
93
114
112
110
106
109
109
108
115
116
117
119
123
115
112
107
109
108
109
117
113
114 93 111
110 98 122
109 102 119
134 103 119
114
107
109
110
125
126
126
128
108
117
118
128
111
113
109
113
103
109
113
115
103
104
105
109
100
101
101
103
120 98 95
124 99 103
118 103 109
121 106 128
127 105 119 112 128
106 107 114 113 129
89 99 106 121 133
63 100 94 119 135
138
126
106
112
113
116
116
110
120
124
124
112
111
116
118
120
108
114
125
124
127
125
113
111
135
134
135
134
118
117
123
131
114
113
116
122
113
113
112
101
116
118
118
104
114 113
119 101 120
125 95 123 ----- 111 113
131 88 123
100 114
87 108 119
106 110
132
134
136
136
127
131
124
119
122
116
109
119
109
108
103
111
81 113 113 107 139
70 108 108 106 142
47 97 107 106 140
53 96 105 111 137
113
116
117
110
123
121
122
112
111
112
105
103
92
94
94
93
97 99 101 116
101 102 107 112
106 98 119 108
106 98 109 112
103
95
84
89
100
105
113
112
108
109
111
115
111
108
106
108
90
85
106 88 107
103 96 106
103 109 105
102
108
3 100
115
114 34 99
106 129 99
107 126
99
106 116 114 124 122
112 134 113 122 119 93
117 97 116 121 118 93
121
112 119 125 109
113
112
115
120
97
95
90
90
108
104
100
106
94 117 120 120 107 108 113
91 102 120 101 105 114 112
87 75 124 99 101 109 116
92 107 123 99 101 114 112
90
93
94
94
105
105
101
103
92 100 124
90 107 124
85 106 124
87 92 124
87 104 111 111 90
95 102 110 105 91
49 106 107 110 100
105 109 109 95
23
FACTORY EMPLOYMENT
(Relative to 1933 monthly average-100)
NEW YORK i
MONTH
1914
1915
1916
1917
1918
1919
1930
1931
1924
1923
1933
1925
1926
1927
1938
N u m b e r of employees
83.4
85.5
85.6
86.2
99.6
101.7
102.8
104.6
109.7
110.2
111.8
110.0
110.4
112.0
113.1
111.9
103.1
101.9
101.2
101.1
112.0
110.9
114.0
112.5
84.4
85.9
86.8
85.1
83.8
86.5
87.5
86.4
99.0
100.1
102.5
102.2
96.6
97.6
98.0
94.8
89.7
91.3
92.3
90.5
92.5
93.1
93.3
92.0
87.7
88.8
89.3
88.1
82.6
83.5
83.9
82.9
91.0
87.8
83.6
87.9
88.8
87.9
87.2
102.6
103.5
102.5
104.0
109.2
107.9
107.4
105.6
111.6
111.9
113.7
111.3
100.2
99.9
102.5
104.7
110.8
110.4
109 8
107.6
83.4
81.8
80.2
80.1
87.1
88.5
88 5
90.6
101.2
100.3
99.6
98.7
90.9
88.4
85.0
85.1
89.4
88.7
87.8
88.0
90.1
89.7
87.6
88.3
86.8
86.6
85.1
85.7
82.0
87.4
86.7
84.8
83.8
92.0
92.4
96.3
97.9
106.7
107.5
109.7
110.9
107.5
109.6
110.5
110.8
111.0
105.9
109.5
108.5
105.7
104.2
107.1
110.8
106.2
104.2
98 6
91.3
83.2
85.3
85.2
85.2
92.4
95.4
97.6
99.0
99.1
100.4
99.0
97.8
88.4
89.5
89.5
90.2
90.3
92.1
92.7
93.2
90.4
91.5
90.3
89.4
87.5
87.6
85.9
84.4
2 86.4
89.3
104.7
109.2
110.9
103.5
107.4
83.9
90.3
100.0
91.2
90.5
90.7
87.0
January
February
March
April
May
June
July
August
__
__
September
October _
November
December
. _
Monthly average
Weekly pay roll
January
February
March
April
_
38.2
39.2
40.0
40.0
49.5
51.4
52.7
54.3
61.5
61.9
64.8
62.6
68.1
72.6
77.6
79.0
85.4
82.5
82.6
82.1
109.0
107.8
116.7
114.8
85.5
84.5
85.9
81.8
75.2
76.7
78.9
76.6
95.2
95.1
101.2
101.3
98.7
99.3
101.3
96.4
93.2
93.8
96.4
92.0
98.6
97.7
99.5
97.5
95.1
96.0
97.6
94.3
88.6
89.4
91.3
87.6
87.8
May
June
July
August
42.0
40.1
38.1
41.2
41.6
41.5
41.5
53.6
54.8
53.1
55.2
64.4
64.2
63.8
63.7
81.6
84.0
86.7
86.8
81.8
82.6
86.9
91.6
115.7
116.6
114.8
113.4
79.1
77.2
74.4
74.8
78.7
80.9
80.5
83.4
102.7
102.6
100.7
98.3
91.9
88.3
84.4
85.6
92.1
91.0
90.2
91.0
94.9
95.5
92.6
93.6
92.9
92.7
90.4
92.2
September
October
November
December.._
40.0
39.0
38.3
38.5
43.3
45.0
47.6
48.6
58.2
59.0
61.1
63.1
67.0
69.7
71.8
72.0
90.9
87.0
86.9
92.3
96.4
93.4
99.7
107.1
112.0
110.7
103.8
95.1
76.6
76.8
76.1
77.9
87.2
89.6
93.3
95.9
99.8
102.2
100.4
100.5
91.0
90.4
90.9
93.5
93.9
96.6
97.5
99.4
97.3
98.5
96.6
96.7
95.0
94.2
90.7
91.7
2 39.4
42.3
55.5
65.6
82.8
89.3
110.9
79.2
83.1
100.0
92.7
93.9
96.6
93.6
Monthly average
ILLINOIS 3
Average weekly earnings
Number of employees
MONTH
1931
1923
1922
1924
1925
1926
1927
1928
1924
1925
1926
1927
93.3
94.8
95.4
99.0
100.7
104.8
102.0
102.8
102.1
103.9
102.3
103.3
104.3
108.1
105.9
106.6
104.3
106.6
106.1
107.4
87.6
88.5
103.4
104.7
99.3
98.8
102.2
101.2
98.6
99.6
103.7
103.9
101.2
103.1
106.8
107.2
103.3
105.7
105.7
108.1
104.6
105.7
1923
1923
January
February
March
April
85.4
85.4
87.0
87.6
96.8
99.2
101.6
102.4
95.9
98.0
98.0
96.8
89.2
90.6
89.6
88.7
90.3
91.8
92.1
91.8
88.6
89.1
88.9
88.3
80.5
82.7
83.7
82.6
May
June
July
August
90.3
84.2
102.5
103.0
100.9
99.7
94.4
91.2
87.1
87.4
87.8
87.4
86.3
86.4
91.6
91.5
91.6
91.2
87.8
87.5
84.3
85.5
83.2
89.5
90.9
September
October
November
December
90.9
87.8
86.4
83.1
92.7
93.9
95.7
97.8
98.7
98.7
98.4
97.6
88.0
87.0
86.7
88.4
88.5
89.2
89.9
90.3
93.2
92.8
91.6
90.3
85.3
85.3
83.2
82.2
93.8
91.7
92.1
93.9
102.4
104.2
100.2
104.4
100.4
102.2
102.0
104.7
98.2
105.2
105.1
106.2
103.3
107.2
105.6
106.6
102.1
105.6
104.3
104.0
<86.5
90.6
100.0
91.6
88.7
91.7
86.3
* 91. 3
100.0
101.8
103.2
105.9
105.4
Monthly average
1928
101.6
106.9
105.2
104.5
WISCONSIN s
Employees on pay roll
MONTH
Average weekly earnings
Total pay rol [
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1938
January
February
March
April
97.1
99.9
100.4
101.2
97.1
96.7
101.7
99.3
95.6
97.3
97.7
97.7
99.9
101.7
101.3
100.2
93.5
96.2
96.9
95.1
90.3
92.1
92.6
90.8
96.1
97.1
100.2
94.4
105.2
107.1
102.5
97.9
104.2
103.6
104.1
104.7
112.1
112.3
110.7
96.9
104.7
104.2
102.9
88.9
99.1
106.7
May
June
July
August
99.4
100.9
104.1
102.8
94.1
90.4
93.7
93.4
98.4
99.4
104.2
100.9
98.8
98.4
102.2
102.3
93.4
94.1
97.1
98.7
103.2
104.1
99.5
104.1
98.7
90.2
87.8
92.9
107.4
105.8
106.3
109.6
109.1
107.3
103.4
107.9
99.9
98.2
98.7
97.2
92.3
93.3
94.4
94.6
100.7
100.1
99.5
100.4
100.6
98.2
96.5
94.3
95.9
94.9
90.9
90.7
101.2
102.6
102.7
98.5
92.1
97.3
97.6
99.1
106.4
110.5
106.9
108.1
100.0
95.1
99.3
99.5
94.8
100.0
97.1
105.9
September
October
November
December..
_
Monthly average
1
1934
1935
1936
1937
1938
93.5
96.2
96.7
98.9
101.4
97.6
105.3
103.3
102.5
107.1
106.1
106.6
104.7
110.2
110.8
110.4
102.6
108.8
107.6
108.1
98.4
107.6
115.2
99.4
102.2
98.1
106.9
103.8
103.2
95.5
101.2
104.8
99.8
93.7
99.5
109.1
106.4
101.9
108.6
110.3
109.0
101.3
105.4
106.5
108.7
101.0
108.2
106.3
109.2
100.2
97.9
101.7
100.6
99.6
99.5
101.2
104.5
104.1
101.4
99.8
104.2
103.4
104.7
105.8
110.3
107.5
107.7
105.6
111.2
103.9
102.8
105.9
105.9
105.9
105.3
106.8
101.4
100.0
101.5
106.6
107.1
106.2
1933
Compiled from data furnished b y the New York State Department of Labor from reports of 1,648 firms, employing more than one-third of the factory workers of the
State.
23 Seven months' average.
Compiled from data furnished by Illinois Department of Labor from about 1,400 manufacturers, employing about 400,000 people, based on pay roll nearest to the 15th
of the
month.
4
Five months' average.
« Compiled by the Industrial Commission of Wisconsin from reports of manufacturing plants in Wisconsin.
24
FACTORY EMPLOYMENT—Continued
OKLAHOMA i
MONTH
Employees on pay roll (number)
1925
1926
1927
1928
27, 463
28,067
28,952
28, 677
30,351
30, 629
30, 754
30, 539
31,141
30,226
31,423
31, 226
25,615
24, 251
24, 492
26, 205
28, 213
28, 517
_ _ 27, 867
28, 537
28, 570
28,978
29, 424
31,193
31, 548
31, 368
32,012
29, 865
30,059
30,173
30, 718
26, 553
28,077
28, 550
28,085
28, 329
29,665
29, 874
29, 889
30,329
32,947
31,499
31, 750
31, 264
29,948
27, 624
26,667
26, 883
197, 638 348,425
2 28, 234 29, 035
375, 854
31, 321
355, 953
29, 663
1924
January
February
March
April
May
June
July
August
_
Total pay roll (dollars)
September.
October
November._
December
Total
Monthly average
1924
\
1925
1926
$741, 553
751, 897
772,158
780,170
$832, 895
845, 745
811,834
842, 252
i $739,094
! 723,282
j 731,607
769,118
774,043
778, 779
777, 485
858, 684
864,559
849, 582
861,375
813, 902
819,301
814 180
819,430
1
!
!
;
776, 741
808 347
813,057
833, 461
903,086
876 355
887, 549
887,128
Average weekly earnings (dollars)
1924
1928
1927
1925
1926
1927
1928
$27. 00
26.79
26.67
27.21
$27. 44
27.61
26 40
27.58
$27. 88
28.04
27 45
27.48
$26. 73
29.65
25 84
27.04
$26 20
25 36
26.25
26.95
27.09
26 88
26. 42
27.53
27 40
27 08
26.91
27.25
27 24
9
6 98
26.66
26.44
970, 393
740 591
676,490
673,185
26.21
27 23
27.40
27.33
26.18
27 06
27.20
27.48
27.41
27 82
27 95
28.38
32.73
26 89
25 36
25.37
5, 251,107 9, 376, 809 10,321,044 9, 764, 213
! 2 750,158 781, 401 860, 087
813, 684
2 26. 57
26.91
27.46
27.44
735,946
777,554
769.435
774,189
$868, 279 $684,796 l
847, 568
719,180
862, 666
634,029
858, 228
708,792
702,263
EMPLOYEES ON PAY ROLL
MILWAUKEE 3
1925
1926
31,680
31,350
32,257
32,123
35, 782
35, 844
35, 595
34,951
32, 050
32,239
32, 823
33, 243
23,575 29,046 34,308 25,907 34,057
24,062 31, 988 33, 292 26,436 34, 784
23, 567 32, 236 30, 540 29,140 34, 835
24, 410 32,847 33, 363 30, 096 35,164
34, 307
34, 233
34, 531
35,188
35, 767
34,973
34, 398
34,124
1922
1921
MONTH
CLEVELAND <
1924
1923
1927
1928
1921
1922
1923
1924
1925
1926
1927
1928
35, 039 35,492 ; 77,788 : 69, 352
35, 745 36,111
74,350 : 73,158
35,942 36,883
74,829 i 74, 711
35, 326 36,871
74,629 | 78,144
89, 675
91,376
93, 617
93, 244
88, 400
88, 288
77,033
73, 431
69, 406
69, 861
71, 544
• 72, 555
78,899
79, 657
80,244
79, 408
75,335
76. 983
79, 228
80, 251
71,121
72, 979
74, 274
76,118
34,604
34,542
35,337
35,361
93, 642
91, 706
93,151
92,195
70,146
67, 526
65, 214
64,770
72, 335
71, 680
71,153
71, 779
90,380
79, 866
80,803
81,712
79, 52S
78,448
75, 329
74,500
76, 556
91,724
89, 907
87,358
87,802
66,392
76,850
66,930
66, 319
71,865
74,445
77,381
78, 054
81, 790 72,24:
78,175 69, 046
74,728 | 69,706
75,289 i 68,408
j 69, 927 I 80,572 91, 283
72, 608
72, 672
80,079
Number
27,318 23,135 34, 525 33, 723
27,988 23, 659 35,476 34,409
23, 052 25, 994 35,140 33,207
23,247 26, 308 35, 564 30, 376
January
February
March.__
April
May
June
July
August
23, 261
22,934
23, 467
23, 511
—
_
September
October
November
December
Monthly average
24,199
26, 884
27, 866
28, 844
29,008
35, 215
35, 776
35, 740
34, 570
28, 312
25,643
24, 328
25,925
28,151 I 34,459 28,959
36,7
!
!
i
75,215 ' 80, 577
65, 747 84,198
61, 423 80, 348
67,969 84,451
35, 544
35,195
35,176
31,502 j
68, 219
66, 797
67, 349
! 64,809
33, 050 I 34,974 j 35,193 j
83, 089
84, 796
86, 384
87, 650
MASSACHUSETTS »
1922
1921
MONTH
1923
1924
May
June
July...
August
--
September
October
November.
December
_
Monthly average
106.4
103.6
104.1
103.9
115.8
114.6
115.6
114.4
81.3
85.3
87.7
88.2
90.7
92.3
92.3
89.5
102.0
104. 3
106.1
105.8
94.7
95.3
95.4
93.5
105.4
107.9
109.4
111.1
113.1
110.1
106. 6
104.6
89.2
89.4
88.2
89.2
89.3
90.0
90.2
92.3
105. 2
102. 4
100.6
100.0
89.5
85. 3
81.7
84.6
112. 6
113.5
115.0
117.1
102. 3
100.4
93.4
85.3
90.9
91.3
91.3
90.9
96.2
99.3
101.3
101.3
100. 8
100.9
99.8
97.3
88.0
90.8
91.3
91.7
109. 2
106. 4
88.6
93.7
102.1
90. 2
74,917 !..
MARYLAND 6
1925
1926
1927
1928
Relative t o 1919-1913 average=100
January
February.
March
April
:
1924
1825
1926
1927
1928
Relative to 1924 monthly average=100
90.7
92.2
92.5
91.3
IOWA 7
IOWA 7
I
MONTH
1922
1923 | 1924
1925
1926
1927
1928
1922
MONTH
January...
February..
March
April
May
June
July
66.4
68.6
72.0
71.7
72.4
75.4
75.8
93.9
96.3
97.8
99.6
99.4
99.7
100.7
100.3
99.2
101. 3
100.0
97.6
99.8
97.5
119.5
119.3
119.4
121.2
120.8
122.9
122.5
106. 9
108.0
109.2
108.9
109.3
110.7
110.9
I
113.3
116.0
116.1
119.5
118.3
120.2
117.2
1924
1925
1926
1927 I 1928
Relative t o 1S23 m o n t h l y average=100
Relative to 1923 monthly average=100
!
1923
117.9
119.0
121.0
August...
September
October
November
December
_
.__
I
I
|
I
Monthly average._I
78.3
82.3
86.5
91.9
92.0
102.3
103.2
103.1
104.4
99.7
99.5
101.5
103.2
105.8
106.4
111.8
114.5
121.5
121.2
121.7
123. 0
125.1
125. 7
124.7
124.1
118.7
118.8
119.7
118.1 i
122.0
7.8
100.0
101.0
112.9
122.4
118.2
*2 Compiled by the Oklahoma Department of Labor from reports of 710 establishments throughout the period.
Seven months' average.
» Compiled by the Milwaukee Public Employment Office from reports from 50 identical manufacturers, 4 of which are now out of business. Data are for the end of the
month.
4
Compiled by the Cleveland Chamber of Commerce from reports of 100 identical manufacturers, except that in November, 1925, when one plant went out of business,
another was substituted. Data are for the end of the month.
J Compiled by the Massachusetts Department of Labor and Industries from about 1,000 manufacturers. The same firms do not report each month and the index is thus
compiled from link relatives.
• Compiled from data furnished by the Maryland Commission of Labor and Statistics from about 250 manufacturers each month, link relatives being used for identical
concerns from month to month. Monthly reports show details by industries.
7 Compiled from data supplied by the Iowa Bureau of Labor from reports of about 300 firms, the index being compiled by the link-relative method based on reports of
identical firms for succeeding months.
25
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1928) in which monthly figures for 1926 and 1927 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of
the end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
TEXTILES
Wool
Receipts at Boston:
Total
thous. of lbs.
Domestic
-thous. of lbs.
Foreign
thous. of lbs.
Imports:
In condition imported
thous. of lbs.
Grease equivalent
thous. of lbs.
Consumption by textile mills,
grease equivalent
thous. of lbs.
Machinery activity, hourly:
LoomsWide
—.per ct. of hours active.
Narrow.
per ct. of hours activeCarpet and rug
per ct. of hours activeSets of cards
_..per ct. of hours activeCombs
per ct. of hours activeSpinning s p i n d l e s Woolen
per ct. of hours activeWorsteds
__per ct. of hours activePrices:
Raw, territory, fine, scoured.dolls, per l b .
Raw,
Ohio and Pa. fleeces,
X
A blood, combing, grease—dolls, per l b .
Worsted yarn
...dolls, per l b .
Women's dress goods. French
serge, 39 in
dolls, per y d .
Suiting, 13-oz
dolls, per y d .
January
February
March
PER CENT INCREASE (+) OR
DECREASE (—)
192?
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(+)
or decrease
(-)
April
Mav
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
1927
1928
+26.3
+44.1
-11.4
131, 291
48, 718
82, 573
114,749 ! - 1 2 . 6
54,922 +12.7
59,827 11 - 2 7 . 5
121,051 ll - 1 5 . 0
136,882 |! - 1 4 . 4
222,934 jj - 5 . 1
17,281
8,044
9,237
18, 085
6,399
11, 686
24,706
6,498
18, 208
21, 346
8,138
13, 208
33, 331
25, 843
7?488
28, 025
9,522
18, 503
26, 394 ! +56.1
17,938 +217.6
8,456 -43.3
24, 759
28, 353
21, 305
23, 646
29, 473
33,120
20,474
23,600
29, 239
33,177
18,117
20, 362
4-22. 3" +38.2
+19.3 +38.3
142, 427
159,873
45,087
48, 324
46, 757
38,855
25.040
28,163
43, 911
43,971
44,338
+13.0
-1.0
234,898
57
57
68
79
70
58
51
71
78
64
68
76
61
75
56
55
63
1.17
1.20
1.20
1.19
1.18
1.08
.50
1.43
.52
1.50
.52
1.53
.53
1.55
l". 58
.43
1.35
.41
1.33
1.00
1.935
1.00
1.953
1.03
2. 008
1.03
2.008
1.03
2.008
.98
1.913
.98
1.913
Receipts into sight.—
thous. of bales.
Imports, unmanufactured..
..bales.
41,445
Exports, unmanufactured (incl. linters). bales.
728,935
Consumption by textile mills
bales.
582,417
Stocks, domestic, end of month:
Total, mills and w'houses..thous. of bales.
6,721
Mills
thous. of bales.
1,707
Wrarehouses
thous. of bales.
5,014
Stocks, world visible, end of month:
Total
thous. of bales.
7,163
American
thous. of bales.
5,470
Prices:
j
To producer, all grades
dolls, per lb_.l
.186
In New York, middling.
dolls, per lb_
.190
633
38, 200
634,890
573,810
715
41, 433
614,428
581, 318
714
18,196
485, 219
525,158
693
19,842
591, 345
577.. 710
877
38,058
855, 449
618, 279
691
21, 347
628,132
629, 948
5,982
1,669
4,313
5,104
1,593
3, 511
4,429
1,508
2,921
3, 637
1, 331
2,306
5,561
1.S91
3,770
4, 659
1,792
2,867
-17.9 - 2 1 . 9
-11.7 ! - 2 5 . 7
-21.1 | -19.6
6,702
5,020
6,273
4,543
7,380
5,718
-6. 5
-13.9
cumulative
1928
from
1927
+3.4
+3.4
+3.9
-8.5
+2.6
0.0
-13.1 „
- 3 . 0 ;|
0.0 ||
-13.5
+5.3
-1.8
-1.2
-9.8
+9.3
+3.8
+1.9 +34.1
0.0 +18.8
+5.1
0.0
+5.0
Cotton
!
5,630 j
3,533 !
.201
.217
.123
.146
6,507
4,815
.139
.163
30, 965
7, 416
206
94.8
29,060
7,959
222
95.0
32, 887
8,788
238
105. 6
32, 905
8, 983
244
108.9
22, 598
13,475
33, 030
16, 737
13, 390
31, 925
16,358
13, 427
28, 484
.360
.494
.366
.483
.366
.480
.380
.480
297, 669
194,114
266,947
367, 223
313, 893
401, 676
300,323
256,328
285,404
382,143
284,817
429, 095
358, 025
349, 855
337, 573
402, 594
297, 099
461,429
286,005
335,117
270,172
418, 427
362,044
255,949
349, 325
269,845
326, 244
441, 508
305, 645
128, 604
6,472
34,963
5,813
33,380
7,921
42, 237
6,418
39,831
5,722
43,011
16,040
1,159
16,924
1,374
18, 854
1,627
18, 310
1,332
1,415
166
.077
.095
163
.076
.092
161
.076
.091
161
.079
.092
164
.170
.185
.178
.195
6,023
4,102
.187
.203
31, 698
8,259
227
101.5
31,687
7,969
220
101.2
31, 413
8, 312
231
96.8
18,934
13, 444
38, 287
18, 642
13,611
38, 457
.369
.523
I
+.3 i
-2.9
+9.0
+21,9
+10.0
5,642
- 7 . 1 I 197,313
- 5 . 9 |! 4,739,417
- 8 . 3 j 3,134,063
3,653
159,116
3,054,817
2,840.413
I
!
|!
I
-35.3
-19.4
-35.5
-9.4
-13. 5
-26. 6
+7.5 I +44.6
+6.9 i +33.1
Cotton Yarn
Machinery activity of spindles:
Active spindles
thousands.
Total activity
millions of hours.
Activity per spindle
hours.
Ratio to c a p a c i t y . - .
_
per centCarded sales yarn:
Production
thous. of lbs.
Stocks, end of month
thous. of lbs.
Unfilled orders, end of mo
thous. of lbs.
Prices:
22/1 cones, Boston
dolls, per l b .
40/ls, southern spinning
dolls, per lb_
-6. 2 | -11. 7
+7.3 | - 1 1 . 4
+7.8 | -9.0
+.2 j -12.8
-2.3 !
-10.1
.312
.446
.335
.456
f3.8 I +13.4
0. 0 +5. 3
Cotton Goods
Cotton textiles:
Production
-thous. of y d s .
New orders
thous. of y d s .
Shipments
thous. of y d s .
Stocks, end of month
thous. of y d s .
Unfilled orders, end month..thous. of y d s .
Fine cotton goods, production
pieces.
Cotton cloth:
Imports
thous. of sq. y d s .
Exports.
_thous. of sq. y d s .
Fabrics for tire manufacture,
consumption.
thous. of lbs.
Elastic webbing, shipments
thous. of dolls.
Prices:
Print cloth, 64 x 60
dolls, per y d .
Sheeting, brown
-dolls, per yd_
Cotton goods (Fairchild), rel. to 1911-1913.
2
Cumulative through Apr. 30.
492,467 ! 479,275
6,369
54, 236
6,892
51, 796
17, 238
16, 029
.081
146
.071
.082
147
f22.1
-19.5
f-20.8
}-5. 5
-15.6
-49.8
-10.8
+S.0
1, 591, 347
1, 405, 259
1,486, 340
-73.2
-17.0
-17.0 I
2, 388, 525
1, 676, 753
28,733
226,278
32, 346
193,422
j 2 ei, 856
+6.2
+3.9
+1.1
+1.9
;
| +11.3
I +12.2
I +11.6
+12.6
-14.5
2 70,128 I +13.4
6,90^
26
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
PER CENT INCREASE ( + ) OR
DECREASE ( - )
1927
1928
April
May
April
May
89, 740
81,328
51,495
39, 787
69
4.8
75, 378
68,316
43, 378
40,876
64
4.5
73, 539
72,961
47, 555
40,449
62
4.3
91,675
85,323
51,869
38, 275
78
6.2
85,054
77,170
49, 711
37, 340
72
6.1
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(+)
or decrease
(-)
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
1927
1928
-2.4
-13.5
-5.5
-4.3
443,860
444,825
259,003
386,180
377, 454
236,136
cumulative
1928
from
1927
TEXTILES—Continued
Cotton Finishing
White, dyed and printed (outside mills):
Billings, finished goods
thous. of yds..
New orders, gray yardage...thous. of yds..
Shipments, finished goods
cases..
Stocks, finished goods, end mo
cases..
Operating activity
per ct. of capacity..
Unfilled orders, end of month
days..
Printed only (mills and outside):
Production
thous. of yds..
Stocks, end of month
thous. of yds..
Silk
Imports, raw
thous. of lbs..
Deliveries (consumption)
bales..
Stocks, end of month:
At warehouses
bales..
At manufacturing plants
bales..
Silk machinery activity:
Broad looms
per cent of normal..
Narrow looms
per cent of normal..
Spinning spindles
per cent of normal..
Price, Japanes, 13-15, New York.dolls, per lb_.
68, 737
75, 665
44, 673
40, 751
62
4.7
78, 786
79,184
49, 035
49,826
64, 015
74, 326
75, 725
75,153
69, 378
78,151
73, 520
76,149
7,405
52,420
6,657
50, 679
6,725
52,011
6,561
41, 258
9,133
46,367
6,418
47,853
7,322
45,486
47, 528
26, 700
41, 677
27, 567
40,186
23,096
35,483
24, 369
42,088
23, 523
31,749
22, 581
35, 527
18,984
94.6
50.7
77.3
5.145
99.1
50.6
79.1
5.292
52.5
67.7
5.194
88.5
49.8
64.2
5.390
86.4
62.6
79.7
6.125
87.3
61.6
76.5
5.831
1,366
2,915
1.50
1,146
3,048
1.50
1,080
3,263
1.50
844
3,164
1.50
1,518
1,022
1.50
1,799
1,366
1.50
2,207
2,021
269
3 2,408
2,043
280
2,265
3 2,329
280
1,584
1,662
199
1,932
2,032
255
1,775
2,032
378
+6.8
+9.6
-1.0
-3.1
-4.4
+8.3
-13.0
-15.1
-13.9
-29.5
+6.0
332, 464
-2.6
+39.2 +24.7
+1.9
+12.4
+18.6 +18.5
-3.5 +23.9
-7.3
-14.3
+6.9
-49.9
0.0
0.0
34, 396
233, 748
36,481
242, 735
+6.1
+3.8
6,587
5, 338
-19.0
2 9,152
2 8,806
2 1,203
2 8,464
2 8,055
2 1,028
-7.5
-8.5
-14.5
Rayon
Imports
_
thous. of lbs..
Stocks, bonded, end month
thous. of lbs..
Price, 150 denier, A grade, N. Y_.dolls, per lb..
902
"I ~50'
Clothing
Men's and boys' garments cut: *
Suits
thous. of garments..
Separate trousers
thous. of garments..
Overcoats
thous. of garments..
Overalls:
Cut
dozen garments..
Net shipments
dozen garments..
Unfilled orders, end of mo.dozen garments..
353,790
294,231
99,039
376,887 3 386,482
352, 708 3 370, 541 316,120
105,970 3 104,143 123,980
2 1,453,689
2 1,333,600
Hosiery
Production
thous. of dozen pairs..
Net shipments
thous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs..
New orders...
thous. of dozen pairs..
Unfilled orders, end of mo.thous. of dozen pairs..
3,304
3,217
8,618
3,418
4,520
3,709
3,618
7,758
3,963
5,807
3,694
3,551
7,914
4,058
6,141
1,162
1,043
1,657
1,041
1,108
1,013
1,395
949
1,082
958
1,527
952
3 2,245
2,228
2,566
63,901
32,882
62,050
23,682
58,124
21,846
4,752
3,654
4,715
5,670
4,469
4,499
4,636
3,705
3,817
13,919
14, 572
11,113
3,578
3,033
7,983
3,109
5,380
3,603
3,279
8,466
3,137
5,167
8,494
3,363
4,532
garments..
garments..
garments..
garments..
1,022
917
1,202
1,309
1,132
1,042
1,209
1,025
1,215
1,194
1,250
1,208
3 1,151
3 965
»1,520
of dozen garments,.
2,313
2,275
2,281
Burlaps and Fibers
Imports:
Burlaps
thous. of lbs..
Fibers (unmanufactured)
long tons..
48,922
66,102
28,493
4,068
3,051
3,588
7,081
3,808
2 15,189
2 14,456
2 15,557
-5.9
-7.7
2 13,027 -16.3
2 14,293
2 13, 337
Knit Underwear
Production
thous.
Net shipments
thous.
Stocks, end of mo. ..thous.
New orders
thous.
Unfilled orders, end
of month
thous.
of dozen
of dozen
of dozen
of dozen
+7.4
+8.9
+8.5
+9.3
-13.7
5,259
4,865
5,682
5,161
+8.0
+6.1
5,772
5,517
-4.4
2,583
+1.0
+8.1
+9.0
+11.5
-.8
50,271
43,437
62,760
30,569
-6.3
-7.8
-7.4
-28.5
249,978
153, 745
299,099
146,171
+19.7
-4.9
5,422
3,991
4,005
3,559
2,752
2,995
3,854
2,930
2,768
+17.0 +40.7
+7.7 +36.2
+4.9 +44.7
18,292
13,707
24,548
18,870
+34.2
+37.7
12,905
17,544
17, 551
+16.1 -26.5
92,619
59,590
-35.9
48.8
11,098
50.9
9,900
51.5
9,830
-3.7 -5.2
+12.9
+1.4
206,129
203, 755
209,227
210,455
203,227
539,676
208,226
216,928
208, 774
534,801
944,056 1,074,010
1,102,323 1,131, 284
1,312,635 1,288,005
+13.8
+2.6
-1.9
Pyroxylin Coated Textiles
"Pyroxylin spread
_
thous. of lbs..
Shipments billed
thous. of linear yards..
Unfilled orders, end mo.thous. of linear yards..
Fur
Sales by dealers
thous. of dollars..
Buttons
Fresh-water pearl buttons:
51.1
48.8
51.9
50.7
Production
ration to capacity. _ 10,902
10,748
10,914
10,949
Stocks, end of month
thous. of gross...
Ocean pearl buttons: *
189,864 233,393 225,053 219, 571
Production
number of gross.. 223,095
258,195 229,397 3 216,842
Shipments
number of gross.. 300,605
236,835 215,522
New orders
_.
number of gross.. 565,248 336,045
577,789 585,268 3 584,308
Stocks, end of month
number of gross..
1
See tableslon p. 48 of the May, 1928, issue for earlier data.
2
-6.1
-6.0
-7.7
Cumulative through Apr. 30.
-1.0
-6.1
-4.7
3
Revised.
27
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
March
PER CENT INCREASE ( + ) OR
DECREASE ( —)
1927
April
April
May
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1928
1927
Per ct.
(+)
or decrease
(-)
cumulative
1928
from
1927
IKON AND STEEL
Iron
Manganese ore, imports
thous. of long tons..
Iron ore:
Imports
thous. of long tons..
Shipments from mines.thous. of long tons.
ReceiptsLake Erie ports and
furnaces..
thous. of long tons.
Other ports
thous. of long tons._
Consumption
thous. of long tons..
Stocks, end of m o n t h Total.
...thous. of long tons..
At furnaces
...thous. of long tons..
On Lake Erie docks.thous. of long tons..
Pig-iron production:
Total, United States...thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
_
...thous. of long tons..
Furnaces in blast, end of month:
Furnaces
_
number..
Capacity
long tons per day_.
Per cent of total
per cent..
Ohio gray-iron foundries:
Meltings—
Actual
long tons..
Normal
..long tons..
Ratio to normal
per cent of normal..
Stocks, end of month..per cent of normal..
Receipts
per cent of normal..
Malleable castings:
Production
short tons..
Operating activity
per ct. of capacity..
Shipments
short tons..
New orders
short tons..
Wholesale prices:
Foundry, No. 2,
northern
dolls, per long ton_.
Basic (valley furnace)..dolls, per long ton..
Composite pig iron
dolls, per long ton..
70
-36.9
-30.8
1,049
9,312
1,080
5,369
-42.3
-42.7
-30.5
-1.3
5,702
2,499
23, 821
2,848
1,523
23,235
-50.1
-39.1
-2.5
3,391
772
16, 341
3,808
15,440
3,213
371
+10.7
19,189
21,159
90.6
99
79
20,117
23, 241
86.5
111
2 66, 292
2 76,658
61, 641
61, 044
-7.0
-20.4
56, 412
66.0
53, 222
50,489
55, 318
55.3
56, 595
53,002
53, 698
53.4
53, 501
46,119
19.01
17.00
18.40
18.96
16.30
18.18
20.26
19.00
20.04
20.26
18.20
19.89
16
30
18
225
6
211
5,363
240
1,560
186
7,752
4,808
4,781
2,848
1,517
4,948
733
316
5,019
4,969
2,183
5,013
29, 003
23,015
5,988
24, 259
18, 691
5, 568
17, 570
14,388
5,182
18, 877
13,942
4,935
20, 753
16,050
4,703
22, 971
18, 215
4,756
2,870
715
65
2,900
625
65
3,200
612
78
3,186
630
75
3,284
631
3,422
784
77
185
96, 640
52.9
187
100, 060
53.6
197
104, 650
56.8
195
104,015
56.9
106,145
57.7
220
112,955
60.4
13,977
16, 097
86.8
129
15, 270
15, 245
100.0
135
105
13,355
12,123
110.0
149
115
19,039
17, 579
108.0
143
115
50, 096
41.9
44,458
49, 251
54,031
62.3
49, 253
51,414
57, 649
67.6
58,254
56,634
52,004
61.0
52, 383
50, 296
19.01
17.00
18.37
19.01
17.00
18.45
19.01
17.00
18.40
18
13
230
163
4,303
4,395
33, 350
27,062
6,288
251
+14.3 -11.1
-6.2 +13.4
+3.5
+7.4
-3.1
-4.8
+3.0
-17.8
-23. 5
+3.8
+3.1 - 3 . 2
+.2 -18.3
+17.3 +11.4
211
+1.5 - 6 . 2
-1.2
107, 445 +2.0
58.3
+1.4 - 1 . 0
+8.5 +5.1
+8.2 +23.6
+1.6
-.5
+.4 +9.5
2
2
-5.5
-15.6
277,297
270,192
-2.6
265, 440
250, 286
257, 570
258, 084
+3.1
+31.1 -42.0
+55.8 -35.5
+.6
64, 693
53,482
57, 757
-16.2
111, 882
85,030
85,997
-42.2
-37.1
-32.8
+62.8
+9.3
+35.4
+70.2
109, 235
74,467
76, 503
154,089
89, 920
99,305
+41.1
+20.8
+29.8
+11.6
-25. 0
-14.2
76,452
51,828
54,904
75, 558
45, 283
53,421
-1.2
-12.6
-2.7
-.3
-4.1
-1.2
-6.4
-10.4
-8.6
+14.3
-38.5
-3.0
Cast-iron Boilers and Radiators
Round boilers:
Production
Shipments
New orders
Stocks, end of month..
Square boilers:
Production
Shipments..
New orders
Stocks, end of m o n t h . .
Radiators:
Production..thous. sq. ft.
Shipments...thous. sq. ft.
New orders..thous. sq. ft.
Stocks, end of
month
thous. sq. ft.
Gas-fired boilers:*
Shipments
Shipments
Production
Stocks, end of month..
thous.
thous.
thous.
thous.
of lbs.
of lbs.
of lbs.
of lbs.
9,037
11,009
11,511
79,400
13, 341
10, 620
10, 566
81,894
15, 631
10,407
11, 238
87, 666
12,452
9,280
9,554
90, 529
14, 232
12,166
14,888
91,098
23, 719
19,352
17,627
106, 225
23,128
20,992
23,086
108, 721
thous.
thous.
thous.
thous.
of lbs.
of lbs.
of lbs.
of lbs.
24, 743
19,292
18, 230
120, 522
29,068
18,099
19, 466
131, 341
36, 544
16,474
17,006
151,678
28,994
15,787
15, 582
164, 514
34, 790
20, 268
29, 021
181,972
20,442
16,164
15,610
105,300
21, 367
18, 539
21,439
106,933
heating surface.
heating surface,
heating surface.
12, 581
10,661
9,990
14, 774
9,357
12,139
18,039
7,994
8,792
13, 651
7,541
8,928
16, 513
9,730
13, 572
15,326
10, 594
10,873
14, 797
12,965
15,810
+20.0
+28.4
+86.2
+10.6
+21.0
+29.0
+52.0
heating surface..
48, 714
54, 353
64,467
70,845
77,926
53, 598
60,439
+10.0 +28.9
132, 733
846,845
128, 824
103,250
165,901
880,423
177,859
147, 845
217,385
923, 617
161,976
119,354
161,317
983, 786
3,991
81
84
4,045
4,508
89
118
4,303
91
113
4,203
83
118
4,127
86
109
4,047
85
97
4,276
4,398
4,335
3,872
3,417
3,456
3,051
74, 082
51
28, 714
45, 368
87, 323
60
37, 719
49, 604
3 93, 521
59
3 65
38, 448 3 32, 619
3 55, 073 3 53, 050
91, 638
63
36,558
55, 080
94, 677
66
39,189
55, 488
86, 942
60
35, 236
51, 706
91, 072
63
41, 276
49,796
90, 677
63
41, 096
49, 581
a 83, 285 3 83, 737
3 58
358
30, 992 3 32, 810
3 52, 293 3 50,927
84,824
59
34, 954
49, 870
81, 044
56
32,279
48, 765
316, 541
330,565
98.7
327,909
97.8
349, 367
95.6
316,100
103.1
163,846 163, 053
53,144
53,853
359, 532 327,674
399, 441 284, 070
675,196 571,761
the April, 1928, issue for earlier data,
the March, 1928, issue for earlier data.
166, 711
54, 047
326, 324
250, 316
527, 477
169,977
46, 901
300,858
292, 965
491, 290
dollars.
thous. B. t. u.
thous. B. t. u .
thous. B. t. u .
2 565, 248
457, 341
677,336
2
2
Crude Steel
Steel ingots, production:
United States, total
thous. of long tons..
Ratio to capacity
_
per cent..
Canada
thous. of long tons..
U. S. Steel Corporation,
unfilled orders, end mo..thous. of long tons..
Steel castings: f
ProductionTotal
short tons..
Ratio to capacity.
per cent..
Railroad specialties
short tons..
Miscellaneous
short tons..
New o r d e r s Total
_
short tons..
Ratio to capacity
.per cent..
Railroad specialties
short tons..
Miscellaneous
short tons..
Sheets, black, blue, galvanized, and
full finished:
ProductionTotal
nettons..
Ratio to capacity
per cent..
Stocks, end of m o n t h Total
net t o n s Unsold
net tons..
Shipments
nettons._
New orders
net tons..
Unfilled orders, end of month
net tons..
* See table on p. 18 of
t See table on p. 20 of
170, 453
59,508
274,126
302,921
694.197
169,918
55, 594
298,420
266, 210
667, 054
366,127
103.0
+3.9
-2.3
-8.8
-2.4
+4.4 +21.6
20, 311
21, 050
+3.6
428*
"""532"
+24.~3
-11.8
+12.0
+7.0
+6.8
+12.1
+3.8
72, 744 +1.3
50
+1.7
+6.5
28,946
-2.1
43, 798
+5.4
+5.0
+3.8
+6.5
460, 456
432, 233
-6.1
185, 016
275, 440
174, 058
258,175
-5.9
-6.3
+16.6
+18.0
+20.8
+13.9
446,291
433, 595
-2.8
190,721
255, 570
181,128
252,467
-5.0
-1.2
+6.5 +12.9
1, 523,827
1, 690, 509
+10.9
1,586, 076
1, 502, 958
+10.9
+11.0
309, 360
98.7
-2.2
-3.1
+2.2 - 4 . 2
173,986
45,670
+.4 +18.3
302, 759
+7.8 1, 442, 484
212, 337 - 1 L 9 +17.9 1, 354, 510
439, 067
- 7 . 7 +20.1
2 Cumulative through Apr. 30.
3
Revised.
28
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey**
January
IRON AND STEEL-Continued
Crude Steel—Continued
Steel barrels:
Production
_
..barrels.. 475,906
43.7
Ratio to capacity
per cent..
Shipments
..barrels.. 474,159
54, 353
Stocks, end of month
barrels..
Unfilled orders, end of month
barrels.. 1, 351, 797
9,332
Track work, production
short t o n s . .
Iron, steel, and heavy hardware
157
sales
rel. to Jan., 1921..
219
Lock washers, shipments
thous. of dolls..
Wholesale prices:
33.00
Steel billets, Bessemer.dolls, per long t o n . .
35.27
Iron and steel, comp
dolls, per long t o n . .
1.80
Structural steel beams ...dolls, per 1001bs_.
2.47
Composite finished steel-dolls, per 100 l b s . .
Fabricated Steel Products
Structural steel, fabricated:*
New orders, (prorated)
.short t o n s . . 210, 000
Ratio to capacity
per cent..
3 56
Shipments (prorated)
.short t o n s . . 210, 000
Ratio to capacity
per cent..
58
Fteel plate, fabricated, new orders:
Total
short tons..
35, 787
Ratio to capacity
per cent _.
45
Oil-storage tanks
short tons..
11,101
Steel bars, cold finished, shipments *
tons..
45, 010
Steel boilers, new orders:
Quantity
number..
1,042
Area
thous. of sq. ft..
872
Steel furniture:
Business group—
Shipments
.thous. of dolls..
2,713
New orders
.thous. of dolls..
3,248
Unfilled orders, end mo.thous. of dolls..
2,000
Shelving—
Shipments
thous. of dolls..
680
New orders.thous. of dolls..
769
Unfilled orders, end mo-thous. of dolls..
680
Iron and steel:
Exports
long tons.. 205, 766
Imports
long tons..
49,903
E n a m e l e d Ware
Baths:
Shipments
pieces..
71,041
Stocks, end of month
pieces.. 154, 620
New orders
pieces..
77, 712
Unfilled orders, end of month
pieces..
36,473
Lavatories:
Shipments
..pieces..
85,942
Stocks, end of month
.pieces.. 201, 770
New orders.
..pieces..
93,364
Sinks:
92, 743
Shipments
_..pieces..
Stocks, end of month
pieces.. 233, 751
97,470
New orders
pieces..
Miscellaneous sanitary ware:
Shipments.
pieces..
39,426
Stocks, end of month
pieces.. 131,077
New orders
..pieces..
39,480
Small ware (all except baths):
Unfilled orders, end of month
pieces.. 100,160
JEnameled sheat-metal ware:
M» Shipments
dozen pieces.. 319, 871
Porcelain flat ware:
New orders—
5,421
Total
thous. of sq. ft..
Ratio to capacity
per cent..
45
Shipments—•
Total
thous. of sq. ft..
5,473
Ratio to capacity
. . p e r cent..
46
Machinery
Washing-machines, shipments:
Total
_
number..
68, 840
56, 728
Electric
number..
1,268
Water softeners, shipments.
.units..
Water systems, shipments
units..
6,746
Pumps:
Domestic s h i p m e n t s Pitcher, hand, etc
units..
51,822
Power, horizontal type
units..
1,591
Steam, power, and centrifugalNew orders.
thous. of dolls..
1,137
Shipments
thous. of dolls.
1,138
Unfilled orders, end mo.thous. of dolls.
3,112
Agricultural machinery and equipment:
ShipmentsTotal
rel. to 1923-25.
116.0
Domestic
. . . r e l . to 1923-25.
117.2
Foreign
rel. to 1923-25.
109.9
Production
rel. to 1923-25.
130.7
Feb-
March
518,944 636,855
46.2
55.1
514, 362 644, 521
51, 289
58,935
417, 627 1, 343. 583
15, 058
11, 371
PER CENT INCREASE (+) OR
DECREASE (-)
1927
1928
April
May
April
May
667,827
696, 281 599, 771 588, 077
57.5
53.8
52.2
59.8
609,090 575, 712
661, 949 694, 843
50,
070
57,147
62,435
58, 585
276, 994 1,257,117 1,365,555 1,197,894
17,081
16,768
13, 511
199
273
198
275
May,
1928,
from
April,
1928
+4. 3
+4. 0
+5. 0 j
+2.5 |
-1.6
May,
1928,
from
May,
1927
+18. 4
+14. 6
+20. 7
-6.2
+4.9
187
293
187
270
282
33.00
35.57
1.85
2.52
33.00
35.81
1.90
2.54
33.00
35. 67
1.90
2.51
33.00
35. 55
1.88
2.49
258, 750 236, 250
266, 250
63
71
69
236, 250 3 228, 750 3 240, 000
3 64
3 61
3 63
315, 000
84
266, 250
71
262, 500
70
232, 500
62
232, 500
62
232, 500
62
+33.3
+33.3
+10.9
+10.9
3 50, 347
3 63
3 22, 095
35, 971
42, 376
53
14, 849
39, 431
47, 347
59
13, 019
39, 897
37,883
47
10, 855
37, 379
-15.8
-15.9
-32. 8
1,165
1,247
1,337
1,325
1, 295
1,572
1,454
1, 548
1,490
1,419
1,355
+18.6
+12.3
2, 909
3, 296
2, 389
3,169
3,283
2, 512
3,066
2,915
2,300
3,213
3,085
2,233
2,850
2,751
1,646
682
741
743
832
841
794
716
741
794
769
733
753
678
622
627
185,915
36,861
221,935
58, 666
215,184
55, 567
267, 890
55,092
192,339
42, 550
76,318
164,014
84,084
43,321
105, 718
95, 818
159, 892
172, 292
191,571
124, 016
3 61, 880 3 139, 801
125,370
135, 776
127, 528
136,238
99,993
175,728
98, 762
44,405
104,953
158,014
109,224
46, 666
+18. 6 I +19. 5
-15.1 -14.1
- 3 3 . 4 ; +16.8
- 2 . 5 j+191.9
87,370 3 114, 558 3 124,027
217, 543 3 227,151 3 212, 325
97, 613 3 153,131 3 209, 744
140,974
183,141
138, 626
111,301
255, 264
107,102
109, 206
243, 959
116, 205
90, 629 3 119, 596 3 125,479
262,380 3 281,911 3 268, 699
103,263 3 147,261 3 216,182
143,485
239,875
144,698
114,302
318, 391
115,254
112,461
303, 586
118,391
42, 545 3 50,302 3 51, 510
140,815 3 137,416 3 125,325
46, 694 3 61, 600
3 73,455
124,743 3 185, 255
3
360,858
372, 848 442, 689
350, 544
5,430
7,024
5,378
45
45
59
53,188
113,051
54, 847
49,018
129,823
43, 020
49,844
135, 726
46, 937
49, 820
62
25, 532
40, 354
3 46, 840
3 59
2 25, 226
39, 957
348, 844
33. 25 |
36.76 i
1.90
2.55
33.00
36.76
1.90
2.54
+4.4
+2.5
0.0
-.3
— 1.1
0.0
-3.3
-1.1
-2.0
+9.6
+35.5
+35.5
+14.5
+14.5
+11.9
+12.8
+36.8
+5.5
+10.8
+7.3
+4.8
+5.8
-5.4
+7.4
-1.1
-5.2
+27.0
+29.6
+39.7
585
+31.5
686
+6.9
731
+3.0
202, 708 +24.5 +32.2
2, 529
2,381
1,598
-1.3
55,836
102, 664
117,488
337,181
318,071
or decrease
(-)
1927
cumulative
1928
from
1927
1928
2,796,969 92,995,813
+7.1
2, 782, 324
+7.5
2,939, 834
a 62, 944
158
236
Per ct.
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
2 49, 272 ' - 2 L 7
1,311
1,300
|i
1,166, 250 1, 286, 250
+10.3
1, 083, 750
1, 181, 250
+9.0
236,134
225,170
-4.6
100, 326
199, 603
200, 723 j
+. 6
6,502
6,906
6,172
6,123
-5.1
-11.3
13, 876
13,812
15, 069
15, 828
+8.6
+14.6
3,118
3,232
3,679
3,825
+18.0
+18.3
947, 504
219, 825
1,096,690 I +15.7
256,089 ! +16.5
469, 672
474, 265
+1.0
"479," 591'
604,911 : +26.1
+13.7 I +29.1
-13.7 i -24.9
-33. 9 +19. 3
526,308
552,871 |., + 5 . 0
534, 549
692,478 I! +29.5
+14.3 +27.6
543, 338
571, 932
+5.3
556,431 i
708,874
+27.4
235,710 I
236,971 I;
-10.7
-33.1
-21.0
+22.2
+3.3
+6.7
-16.7
+16.9
-9.8
-25.3
+.5
"229,"529" ~"276,~676~jr+26."3
-3.3 +196. 9
21, 501,070 121,485,952
-1.0
5,586
45
5,285
42
2 26,053 I
2
6, 596
52
6, 253
49
2 26,098
2 24,042 j - 7 . 9
23,253
-10.7
5,824
49
6,526
54
6,219
52
74, 830
61, 944
1,396
6,076
90, 770
74, 610
1,956
7,873
86, 772
69, 884
1,489
8,182
88,164
70,922
1,480
8,997
94, 725
78, 993
1,878
80,158
+1.6
64,493
+1.5
1,467
-.6
3
7, 500 +10.0
+10.0
+10.0
+.9
+20.0
398,182
326,276
7,866
29, 644
409,376
+2.8
334,088 I: +2.4
7,589
-3.5
37,874 +27.8
51,999
1,598
52, 946
2,578
42, 990
2,299
40,190
2,305
37, 562
967
-6.5
+7.0
+138.4
219, 728
3,921
239,947 ! +9.2
10,371 j+164.5
1,346
1,177
3,260
1,418
1,352
3,309
1,504
1,376
3,383
1,428
1,518
3,239
47,430
776
1,405
1,565
3,525
1,497
1,511
3,482
-5.1
+10.3
-4.3
-4.6
7,726
7,157
6,833 |l -11.6
6,551 j| -8.3
168.8
159.4
218.2
136.5
216.0
216.8
211.4
143.9
3 187. 2
184. 6
3 200. 6
3 148. 2
188.7
182.4
184.7
146.9
152.3
154.8
139.2
145.9
149.1
153.9
124.0
145.3
• See table on p. 21 of the March, 1928, issue for earlier data.
3
+.3
+.5
-7.0
+.8 +26.6
- 1 . 2 I +18. 5
-7.9 | +49.0
- . 9 i +1.1
2 Cumulative through Apr. 30.
3 Revised.
29
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
PER CENT INCREASE (+) OR
DECREASE (—)
1927
March
April
May
April
May,
1928,
from
April,
1928
May
May,
1928,
from
May,
1927
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Perfct.
increase
(
V
or decrease
(-)
1927
1928
463
201, 411
501
183, 388
cumulative
1928
from
1927 ;
IRON AND STEEL-Continued
Machinery—Continued
Foundry equipment:
New orders..
rel. to 19*22-24.
Shipments
rel. to 1922-24.
Unfilled orders, end mo
rel. to 1922-24.
Stokers, mechanical, sales:
Quantity...
.number.
Power
.horsepower.
Machine tools:
New orders
..rel. to 1922-24.
Shipments
.rel. to 1922-24.
Unfilled orders, end of mo..rel. to 1922-24.
Woodworking machinery:*
New orders
thous. of dolls.
Shipments
thous. of dolls.
Shipments
..number of machines.
Cancellations
thous. of dolls.
Unfilled orders, end of mo..thous. of dolls.
Electric hoists:
New ordersQuantity
number.
Value.
dollars.
Shipments
dollars.
Electric overhead cranes:
Shipments
thous. of dolls.
New orders
thous. of dolls.
Unfilled orders, end mo
thous. of dolls.
Electric industrial trucks and tractors:
Shipments, domesticTractors
number of vehicles.
All other types
number of vehicles.
Exports
number of vehicles.
Fire-extinguishing equipment, shipments:
Motor vehicles
.number.
Hand types
number.
Patents issued:
Total, all classes
number.
Agricultural implements
number.
Internal-combustion engines
number.
129.7
116.4
120.6
123. 6
110.6
132.9
26, 572
85
43,643
218
149
293
201
175
330
123
43, 425
222
210
376
1,145
1,130
920
23
1,456
1,245
1,147
890
9
1,539
1,317
1,346
1,064
21
1,438
1,329
1,150
931
42
1,577
346
160, 852
133, 842
399
172,472
166,920
394
198, 004
188,967
432
358
1,735
595
519
1,763
557
260, 222
214,080
672
704
15
86
18
73
43,175
3,504
45
51
138.6
147.9
127.1
107.7
112.5
126.1
335.6
104.7
344.5
134.8 1+211.6 +149. 0
N -6.9
+173. 2
130 11
97
43. 601
+47.7
+24.7
+34.0
-11.2
126
138
216
127
135
-7.7
-6.8
-7.0
+61.4
+51.1
+74.2
1,307
1,516
1,068
31
1,549
1,351
1,282
1,119
3
1,586
462
204,550
190,174
284
138,829
138, 510
330
171,192
124, 729
+17.3
+3.3
+.6
659
410
1,520
547
708
1,671
909
660
2,772
671
487
2,555
18
97
16
9
122
6
8
95
13
12
89
4
91
40, 710
108
52, 375
101
46,643
101
55,033
125
47,850
3,136
32
61
3,229
49
52
3,321
45
43
4,248
56
63
3,554
50
124
67,423
81,895
124,848
144,546
73,789
43,092
70,327
79,110
128,972
144,842
72,642
48, 210
69, 721
82,087
122,824
143,427
72,234
45, 550
73,729
85, 745
129,236
153,414
79,103
56,667
86,932
247,529
.1382
87,292
242,416
.1385
72,893
235,392
.1399
66, 288
241, 755
.1420
31, 043
222
219
371
38,705 ! 26, 249
205
204
345
+8.2
2 5, 591
2 5, 571
2 4,165
2 69
2 5,036
2 4, 773
2 3, 805
2 95
+40.0
+19.5
+52.5
1,436
736,713
669, 748
2,158
996,100
-17.0
+72.7
+9.9
-18.5
+45.4
-34.6
4,283
3,479
2,905
2,699
19 - 1 1 . 1
77 - 2 2 . 1
10 +116. 7
-57.9
+23.4
+30.0
58
449
48
55
498
62
-5.2
+10.9
+29.2
-24.1
-2.7
571
249, 355
474
237,936
-17.0
-4.6
-6.1
-34.9
-3.1
18, 322
279
387
17,438
227
270
-4.8
-18.6
-30.2
357,449
413,821
634,135
687,397
367,355
211,671
349,669
406.266
-2.2
-1.8
-.9
726, 775
362,592
245,614
-1.3
+16.0
2,391
2,057
2,312
2,142
+4.1
133
56,548
4,524
86
65
+18.0
+27.9
+24.4
+46.5
71,122
80,940
125, 796
135, 729
73,976
71,613
82,132
125, 581
139,114
69, 779
38,394
+5.7
+4.5
+5.2
+7.0
+9.5
+24.4
+3.0
+4.4
+2.9
+10.3
+13.4
+47.6
99, 256
249,834
.1281
108,079
242,074
.1262
-9.1
+2.7
+1.5
-38.7
-. 1
+12.5
0.0
-14.3
-8.6
+37.7
+50.3
+35.2
+33.5
-32.2
-22.4
NONFERROIJS METALS
Copper
Production:
Mines
short tons..
68,469
Smelter
_
short ton: __ 77,429
Refined (N. and S. America)...short tons.. 122, 723
World production, blister
short tons.. 140, 546
64,824
Domestic shipments, refined
short tons..
52,095
Exports.
short tons.
Stocks (North and South America), end mo:
Refined
short tons..
96,476
Blister
.short tons.. 237,961
Wholesale price, electrolytic
dolls, per lb._
.1385
+5.7
Copper Products
Plumbing fixtures:
Wholesale price, 6 pieces
dollars..
100.11
100.76
98.59
98.40
99.35
105.29
105.09
Wire cloth:
449
584
413
Production
thous. of sq. ft..
435
431
468
444
425
452
405
Shipments
thous. of sq. ft..
407
453
400
384
1,189
1,141
1,147
Stocks, end of month
thous. of sq. ft..
1,150
1,134
1,263
1,300
414
399
New orders
thous. of sq. ft..
371
399
400
322
351
315
Unfilled orders, end of mo_-thous. of sq. ft._
297
258
300
283
220
Make and hold orders, end
of month
thous. of sq. ft—
412
402
441
438
422
358
413
Tin
Deliveries (consumption)
long tons..
7,010
5,415
5,790
7,960
5,335
6,720
6,070
Stocks, end of month:
15,001
World visible supply
long tons..
15,244
17,064
17,645
15,586
13,849
14,655
2,518
1,973
United States
long tons..
1,998
2,078
3,708
1,704
1,604
5,727
7,045
Imports
long tons..
5,092
8,138
9,494
6,228
6,029
.5564
.5249
.5218
.5154
.5236
.6802
.6752
Wholesale price, Straits,t N. Y...dolls, perlb..
Zinc
Retorts in operation, end of month...number..
72,204
72,444
70,260
71,252
72,522
78,057
81,096
Per cent of total
per cent..
57.0
57.2
57.2
56.2
59.0
59.3
57.0
Production
short tons..
53,422
52,414
55,881
53,493
50,042
51,626
51,296
Stocks, end of month
short tons..
45,225
44,759
42,163
41,290
41,529
41,208
42,046
Ore, Joplin district:
Shipments.
short tons..
37,612
47,217
47,972
51,579
50,630
71,077
44,222
Stocks, mines, end of month...short tons..
49,905
52,398
59,746
49,097
41,747
21,536
27,984
Price, slab, prime western
dolls, per lb_.
.0564
.0555
.0562
.0576
.0603
.0634
.0608
Lead
Production
short tons..
54,406
54,991
58,031
50,115
51,230
60,193
57,285
Ore shipments:
Joplin district..
short tons..
7,463
6,*665
6,424
6,438
6,352
7,581
12,602
Utah
short tons..
75,855
77,054
72,264
58,401
61,790
76,452
63,518
Receipts in U. S. ore
short tons..
55,970
52,150
47,939
54,021
60,134
56,942
173,411 161,207
Stocks, U. S. and Mexico, end mo..short tons— 157,417 167,692
160,437
175,230
Price, pi?, desilverized, N. Y
dolls, per lb_.
.060)
.0600
.0610
.0612
.0633
.0713
.0662 I
* See p. 41 of Part II, Metals and machinery of the Record Book of Business Statistics for earlier data
f See table on p. 23 of the June, 1928, issue for earlier data.
-4.7
+4.4
+.5
-2.9
-1.1
-7.0
+6.0
-12.8
+5.7
+17.3
-8.2
-2.7
-23.9
-12.1
31,595
31,510
+13.8 +16.4
+87.9 +131.2
-25.8 +16.9
-1.6 -23.7
30,873
36,396
-3.3
1,983
+17.9
-3.1
-3.1
-.1
-10.0
+1.0
+4.1
+7.6
267,707
265,252
-1.8
-15.0
+14.5
+49.2
300,862
235,010
+2.2
-10.6
292,140
268,773
-8.0
-1.3
-16.2
-2.7
48,607
332,401
2 226,565
33,342
345,364
2 210,080
-31.4
+4.7
+5.8
+.4
+.3
*3 Cumulative through Apr. <.
Revised.
-21.9
+3.9
-7.3
30
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February-
PER CENT INCREASE (+) OR
DECREASE (—)
1937
April
March
May
April
May
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(+)
or decrease
(-)
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
-4.9
-8.1
-3.9
+5.9
-10.0
-6.9
26,276
5,415
20,861
23,777
5,092
18,684
-9.5
-6.0
-10.4
-4.5
-7.5
+2.8 +6.3
-12.3 -18.6
+17.5 +11.1
2,275,800
813,949
1,341,383
120,468
1,999,236
796,677
1,077,149
125,410
-12.2
-2.1
-19.7
1937
1938
cumulative
1928
from
1927
NONFERROUS METALS—Continued
Other Metal Products
Babbitt metal, consumption:
Total apparent
Direct by producers
Sale to consumers
Band instruments, shipments:
Total
Cup mouthpieces
Saxophones
Wood wind
Pails and tubs, galvanized:
Production
Shipments
Other galvanized ware:
Production
Shipments
4,929
894
4,034
4,470
1,027
3,444
4,928
1,025
3,903
4,843
1,118
3,725
4,607
1,028
3,578
4,812
950
3,862
4,946
971
3,975
..dollars
dollars
.dollars
dollars.
318,106
126,852
169,050
22,204
445,737
169,616
247,489
28,632
468,757
178,457
263,685
26,615
392,146
158,677
211,414
22,055
374,490
163,075
185,511
25,904
429,411
162,103
246,168
21,140
404,648
153,434
227,899
23,315
dozens.
..dozens.
125,536
149,304
165,757
162,153
173,592
175,473
208,544
201,119
183,812
198,711
159,178
133,387
2 655,999
2 688,927
2 673,429
* 688,049
..dozens.
.dozens..
32,678
35,689
28,513
50,904
45,205
31,545
36,452
30,423
33,785
33,011
29,900
2 133,402
2 132,970
2143,640
2 143,680
+7.7
+8.1
88,755
148,789
72,846
132,927
2 377,702
2 554,661
2 250,476
2 474,055
-33.7
-14.5
3,391
1,121
1,508
3,107
1,502
1,218
510,548
496,592
21,949,661 2 3,111,262
thous. of lbs. _
thous. of lbs._
thous. of lbs
+4.1
+2.7
-.1
Electrical Equipment
Electrical porcelain, shipments:
Standard.
dollars
77,212
57,919
65,809
49,536
Special
dollars
115,394 110,933 131,212 116,516
High tension
dollars
408,401 438,584 444,804 521,682
3,363
Glazed nail knobs
thous. of pieces._
2,441
2,207
1,297
1,091
Unglazed nail knobs
thous. of pieces..
953
1,070
1,381
Tubes..
_
thous. of pieces
1,127
1,155
975
1,087
Laminated phenolic products,
677,861 683,664 877,401 872,336
shipments.
dollars
Motors:
569,883 767,634 889,110 730,979
New orders...
dollars
638,562 627,799 782,185 749,534
Billings (shipments)
dollars
Outlet boxes and covers, shipments
pieces._ ,139,038 2,715,105 3,166,488 2,518,077
Vulcanized fiber:
663
621
Shipments, total
thous. of dolls..
685
662
2,355
Consumption...
thous. of lbs..
2,700
2,442
2,965
137,417 118, 363 137,102 107, 801
Industrial reflectors, sales
units
Flexible cords:
35, 082
Shipments
thous. of ft.
37,279
42, 390
37, 853
51, 396
44, 751
Stocks, end of month
..thous. of ft_.
44, 958
47,277
Welding sets, new orders:
128
Single operator
units.
172
239
285
Multiple operator
.units.
21
28
31
7
Nonmetallic conduits, shipments..thous. of ft..
7,860
6,755
8,270
8,085
Delinquent accounts, electrical trade:
Amount.-.
dollars.. 184, 500 184,688 213,043 173,482
1,361
Delinquent
firms
number..
1,407
1,485
1,769
AUTOMOBILES
Production:
United S t a t e s Total.
number of cars..
Passenger cars
number of cars..
Trucks
.number of cars..
Can ad;
Total
_
number of cars..
Passenger cars*
.number of cars..
Trucks..
number of cars..
Exports (assembled):
From United S t a t e s Total
__
number of cars_.
Passenger cars...
.number of cars..
Trucks
number of cars..
From C a n a d a Total
...number of cars..
Passenger cars
number of cars..
Trucks.
number of cars..
Foreign assemblies
cumber of cars
Shipments (General Motors Co.):
To dealers
..number of cars..
To users
_
number of cars..
Accessories and parts:
Shipments—
Original equipment._rel. to Jan., 1925..
Replacement parts___rel. to Jan., 1925..
Accessories.
_rel. to Jan., 1925..
Service parts
rel. to Jan., 1925..
Exports.
_
_
thous. of dolls..
Rim production
thous. of rims..
New passenger-car registrations:
Total
number of cars..
Highest price group
..number of cars..
Second highest group
number of cars..
Third highest group
number of cars..
Lowest price group
number of cars..
Miscellaneous
number
i/uo
.
.....iiuxuuei of
ui ccars..
ais..
734
2,465
123, 080
153
12
10, 365
136
7
11, 390
196,243
1,488
247,479
1,936
177, 403
1,442
+13.1 +10.6
+3.2
410,189
364, 877
3 45, 312
425,990
375, 798
50,192
404, 759
357,009
47, 750
404,115
357,150
46, 965
+3.9 +5.4
+3.0 +5.2
+10.8 +6.9
+40.0 +32.0
+44.9 +35.3
+13.1 +12.4
323, 809
291,151
32, 658
413, 379
371, 821
41, 558
8,463
6,705
1,758
12,504
10, 315
2,189
3 17, 478
3 15, 232
2,246
24, 240
20, 546
33, 942
29,764
4,178
24, 611
20,890
3,721
25, 708
21, 991
3,717
32,060
20, 476
11, 584
33, 952
25, 114
8,838
49, 974
40, 181
9,793
42, 269
33,644
8,625
47,912
38, 851
9,061
46, 703
34,840
11, 863
49, 052
38, 542
10, 510
3,502
1,838
1,664
3,996
2,957
1,039
18, 272
6,157
4,511
1,646
19, 994
4,075
2,930
1, 145
22, 264
5,588
3,901
1,687
24, 490
173, 182
171, 364
12, 114
4,111
2,628
1.483
12, 556
125, 181
107, 278
169, 232
132, 029
197, 821
183, 706
197, 597
209, 367
207, 325
224, 094
169, 067
180, 106
163
137
79
142
7,489
1,812
187
128
91
158
9,570
1,806
231
136
113
174
12,157
2,420
213
151
107
164
12, 466
2,316
215
185
113
157
11, 491
2,186
185
117
156
223
10,609
2,060
135, 843
6,817
32, 515
165, 256
7,436
34, 542
50, 004
72,670
604
uv±
254, 723
11, 370
53, 461
76, 360
112, 820
712
3,557
2,686
871
3 15, 967 3
52, 630
551
uoi
* See table on p. IS of the April, 1923, issue for earlier data.
332,
14,
71,
99,
146,
056
705
050
201
282
818
3 331, 396
3 13, 720
a 76,127
3 76, 306
3 163, 308
3
1,935
2
2 552
2 47
2 40, 203
2 824
2 87
2 30, 970
+49.3
+85.1
-23.0
1, 743,007
1, 523, 891
223,116
1, 805, 060
1, 609, 223
195, 837
-12.2
106, 973
88,541
18, 432
96, 627
82, 562
14,065
-9.7
-6.8
-23.7
196, 641
146, 844
49, 797
206,167
158, 266
47,901
+4.8
+7.8
-3.8
31,509
22, 236
9,273
98, 858
21,323
14,620
6,703
78,903
-32.3
-34.3
-27.7
-20.2
727, 952
680, 780
897,156
856, 474
+23.2
+25.8
46,266
9,543
53,173
10, 540
2 948,176
2 34, 465
2 202, 207
2 205, 087
2 500,187
2 887, 878
2 40, 328
2 191, 568
2 268, 895
2 384, 402
2 2,685
+14.9
+10.4
-6.4
+17.0
-5.3
+31.1
-23.1
-56.9
+.2
+13.4
+15.5
+5.1
+54.1
+52.6
+58.4
+9.4
+4.9
+7.0
184 I
+.9
123 11 +22.5
+5.6
131
-4.3
192
-7.8
9,817
2,169
2 2,631
2 10,462
2 500, 683
3,238,730 2 2,957,606
2 2,977,140 2 2,798,080
2 8,367,667 210,538,708
796
2,701
115, 111
231, 693
205, 576
26,117
2
3,242
2 11,013
2 518, 706
+59.6
-8.7
-6.0
+25.9
-18.8
-5.0
-3.5
2
736,082 831,274
737,349 753,547
1,960,806 2,332,608
-5.6
314, 988
13, 732
67, 334
72, 569
160, 704
649
Cumulative through Apr. 30.
-2.3
+.8
-13.8
+10.2
+ 15.6
-2.4
-18.4
+19.7
+30.8
+16.8
+50.4
-13.7
-18.2
+17.1
+.8
2 6, 230
3 Revised.
+3.3
+5.6
31
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February-
PER CENT INCREASE ( + ) OR
DECREASE (—)
1937
March
May,
1928,
from
April,
1928
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
May,
1928,
from
May,
1927
April
May
April
May
32,188
1,123
711
36, 624
34, 674
1,315
1,258
35, 395
1,306
1,368
+13.8
+3.5
"I," 144
+60.~9
-16.4
+19.0
+9.6
1937
1938
FUELS
Coal a n d Coke
Bituminous:
ProductionUnited States
thous. of short t o n s . .
Canada
thous. of short t o n s . .
Exports
thous. of long t o n s . .
Consumption—
By vessels
thous. of long t o n s . .
By electric-power
plants
thous. of short t o n s . .
B y railroads
thous. of short t o n s . .
B y coke p l a n t s United States
thous. of short t o n s . .
Canada
thous. of short t o n s . .
Stocks, end of month,
held by consumers..thous. of short t o n s . .
PricesM i n e aver, (spot).dolls, per short t o n . .
Wholesale, comp..dolls, per short t o n . .
Retail, composite-dolls, per short t o n . .
Anthracite:
Production
thous. of short t o n s . .
Exports
thous. of long t o n s . .
Stocks, end of mo. in
yds. of dealers
no. of d a y s ' supply
PricesWholesale, comp...dolls, per long t o n . .
Retail, composite-dolls, per short t o n . .
Coke:
Production, U. S.—
Beehive
thous. of short t o n s . .
By-product
thous. of short t o n s . .
Production, Canada.-thous. of short t o n s . .
Exports
.thous. of long t o n s . .
Price, furnace,
Connellsville
.dolls, per short t o n . .
44, 208
3 1, 695
850
41, 351
3 1, 403
796
319
43, 955
3 1, 401
756
267
3,695
8,304
3 3, 455
7,872
6,192
257
5,964
233
51,500
345
332
3,278
7,693
3,273
7,724
6,460
266
6,557
253
6,442
249
305
3 3,467
8,265
3,095
6,548
252
6,235
243
+3.6
+9.5
240.002
5,677
7,074
+.3
+6.8
5,622
4,257
-17.4
-1.0
1,679
1,561
-7.0
2 13, 977
2 13, 712
-1.9
32, 657
1,235
31, 399
1,251
+1.3
33,640
1,067
31,802
1,094
-5.5
+2.5
-48.7
-3.9
48,300
1.84
4.093
9.21
1.86
4.069
9.28
1.92
4.045
9.26
1.74
4.016
9.20
1.73
3.986
8.18
2.12
4.265
8.95
1.99
4.264
5,690
233
5,582
224
5,497
189
6,909
182
8,124
266
7,127
201
13.130
15.08
13. 232
15.09
13. 207
15.08
12. 794
14.64
12. 786
14.46
376
3 3,897
179
65
390
3 2, 233
167
76
449
4,065
178
74
377
3,925
171
2.72
2.74
-.7
-11.1
-13.1
-6.5
-7.9
8,002
305
+17.6
+46.2
-12.8
12. 932
14.61
12.891
14.53
-.1
-1.2
-.5
376
4,084
190
779
3,708
170
50
630
3,788
174
50
+.3
-40.3
3,840
18, 516
851
264
1,968
19,204
885
2.70
3.49
2.94
-1.4
+21.0
+21.3
+18.6
-29.4
+4.0
+48.5
+10.8
+2.6
+3.0
-24.6
363, 518
362, 762
-0.2
21, 749
337, 763
31,453
356, 208
+44.6
+5.5
6,946
4,471
-35.6
134, 234
15, 739
17,807
108, 542
144,056
17,015
21,374
119,183
+7.3
+8.1
+20.0
+9.8
2,374, 551
2,637,932
23, 639
7,752
15,792
24,823
8,168
15,317
+11.1
+5.0
+5.4
-3.0
2122,397
2127, 835
+4.4
160. 853
166, 763
19, 855
3,168
21,058
2,762
+3.7
+6.1
-12.8
12, 909
8,721
14,408
9,478 I
+11.6
+8.7
+8.8
44
25
2.71
2.78
+1.5
+4.1 +7.8
+11.1 +9.2
+43.5 +78.0
-1.4 -8.2
+3.7
+4.0
+38.6
Petroleum
Crude petroleum:
72,321
Production
_
thous. of bbls_.
Stocks at end of m o n t h Total (comparable)
thous. of b b l s . . 358.892
T a n k farms, pipe lines__thous. of b b l s . . 317,725
41,167
Refineries
.thous. of b b l s . .
California—
Light
thous. of b b l s . .
20, 493
94,327
Heavy
. . . t h o u s . of b b l s . .
Imports
thous. of b b l s . .
6,145
Consumption (run to stills)
thous. of b b l s . .
68,193
Refinery operations
per ct. of capacity..
1.220
Price, Kansas-Oklahoma
dolls, per bbl__
Oil wells completed
number._
764
Gasoline:
Production—
R a w (at refineries)
thous. of b b l s . .
27.879
Natural ga> (at plants)..thous. of b b l s . .
3,367
E x p o r t s . _.
thous. of b b l s . .
3,692
Consumption
thous. of b b l s . .
20, 939
Stocks, end of m o n t h R a w (at refineries)
thous. of b b l s . .
36,112
Natural gas (at plants)..thous. of b b l s . .
740
Prices.170
Wholesale, New York._.dolls, per g a l . .
.143
Retail, wagon,* 50 cities.dolls. per gal__
Retail distribution, 41 States.thous. of gals.. 600,133
Kerosene:
5,047
Production
thous. of b b l s . .
2,345
Exports..
thous. of b b l s . .
2 742
Consumption
. . . t h o u s . of b b l s . .
7,670
Stocks at refineries, end mo.thous. of b b l s . .
30, 746
Retail distribution, 13 States.thous. of b b l s . .
.070
Price, 150° water white
dolls, per g a l . .
Gas and fuel oils:
Production
thous. of b b l s . .
32, 271
C onsumption—
B y vessels
. . . t h o u s . of b b l s . .
3,783
B y electric pow. plants..thous. of b b l s . .
589
B y railroads.
. . . t h o u s . of b b l s . .
4,047
Stocks at refineries, end mo.thous. of b b l s . .
29. 623
Price, Okla., 24-26, refineries.dolls. per b b L .
.800
Lubricating oil:
Production
thous. of b b l s . .
2,658
Consumption
thous. of b b l s . .
1,606
7,978
Stocks at refineries, end mo.thous. of b b l s . .
.245
Price, cylinder oil
dolls, per g a L .
Asphalt:
Production
thous. of short t o n s . .
199
Stocks, end of month .thous. of short t o n s . .
209
Imports
.thous. of short t o n s . .
7
Coke:
Production.
thous. of short t o n s . .
103
Stocks, end of m o n t h . t h o u s . of short t o n s . .
330
Wax:
Production
thous. of l b s . .
55, 320
Stocks, end of month
thous. of l b s . . 3 150, 485
68.059
75,037
72,127
75, 218
72, 590
76, 275
+4.3
363,340
320,979
42,361
368,744
325,135
43, 609
371,579
328,354
43, 225
371,551
328, 258
43,293
297,895
260, 410
37,485
307,016
270, 518
36,498
0.0
0.0
+0.2
20,110
94, 797
6,036
65,601
73
1.213
836
19,633
94,484
6,845
72,124
75
1.190
949
18, 752
94,301
5,661
72.979
79
1.190
961
19,170
93, 941
6,766
77,311
80
1,190
961
29,460
4,063
66,624
77
1.114
1,528
27.143
90.289
4,557
69, 759
78
1.155
1.274
+2.2
-0.4
+19.5
+5.9
+1.3
0.0
0.0
26, 775
3,279
3,326
21,136
29, 245
3,426
3,777
24,041
29,332
3,469
4,044
25.712
30,825
3,474
6,535
27,355
26, 577
3,171
3,424
23,371
26, 787
3,219
4,366
26, 579
38, 782
824
40,229
842
40,210
832
47,336
52,379
788
48,609
926
.170
.150
745, 828
.170
.152
.194
.153
.190
.147
760,166
+5.1 +15.1
+0.1 +7.9
+61.6 +49.7
+6.4 +2.9
+42.6 +18.0
-2.8 -12.6
0.0 -10.5
+3.4
0.0
5,033
1,468
3,234
7,733
33, 206
.069
5,243
1,489
3,383
7,537
.074
4,608
1,833
2,776
8,725
32, 209
.079
4,663
1,604
3,188
8,568
33, 712
.076
.170
.147
602.361
3
.170
.148
3 689, 610
4,783
1,541
3,221
7,692
30,176
.070
4,717
1,325
2,737
7,826
33, 707
30,944
34,071
33,857
35,620
31,856
33,499
3,751
545
3,853
29,011
.850
4,236
610
4,106
29,170
.850
4,275
533
5,013
490
29,499
.840
32,888
.763
4,204
549
3,920
23, 732
1.063
4,250
487
3,948
26,059
.925
2,728
1,533
8,332
.245
2,905
1,988
8,412
.223
3,026
2,362
8,018
.221
3,091
1,989
8,060
.228
2,615
1,712
8,176
.254
2,625
1,928
8,011
.251
209
230
4
270
274
274
6
331
262
13
274
220
319
223
100
337
107
352
109
342
118
348
319
50, 207
120,800
57, 548
110,010
51,072
103, 639
48,917
211,019
49, 724
150, 033
•See table on p. 21 of the March, 1928, issue for earlier data.
a
46, 267
207,329
+4.2 +12.4
+1.4 -7.2
+4.6 +6.1
-2.5 -12.0
+7.2 -2.6
+5.2 +6.3
+17.3 +18.0
-8.1 +0.6
+11.5 +26.2
-9.2 - 1 7 . 5
+2.1 +17.8
+15.8 +3.2
+0.5 +0.6
+3.2 - 9 . 2
+20.8
-4.4
+116.7
+8.3
+1.8
-11.3
Cumulative through Apr. 30.
+3.8
+17.5
+62.5
+34.1
+5.8
+10.4
-50.0
3
1,179
1,283
""64"
38
455
537
+18.0
250,305
263,871
+5.4
Revised.
32
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
March
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
April
May
April
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
1937
48, 748
36, 518 -18.3
47,270
-15.1
189, 912
2 191,062
May
1838
Per ct.
or decrease
(-)
cumulative
1928
from
1927
RUBBER
Crude Rubber
World shipments, plantation—
.long tons.. 48,134
Imports (including latex)
long tons.. 39,108
Consumption by tire mfrs.
_thous. of lbs. . 43, 709
World stocks, end of month:
World total
long tons.. 276, 670
United States
long tons.. 110, 243
Europe
_
long tons.. 69, 594
Producing countries
long tons.. 27,453
Afioat
_.long tons- 69, 380
.288
Wholesale price, Para, N. Y
.dolls, per lb_.
Tires and Tubes
Pneumatic tires:
Production
thousands..
Stocks, end of month
thousands..
Shipments—
Domestic
thousands. _
Export
thousands..
Inner tubes:
Production
thousands..
Stocks, end of month
thousands..
ShipmentsDomestic
thousands..
Export
thousands..
Solid and cushion:
Production
thousands. _
Stocks, end of month
thousands..
ShipmentsDomestic.
thousands..
Exports
thousands..
Other Rubber Products
Rubber-proofed fabrics:
ProductionTotal
thous. of yds..
Auto fabrics
thous. of yds_.
Raincoat fabrics
thous. of yds..
All other
thous. of yds..
New orders, auto fabrics
thous. of yds_.
Production, relative to capacity.per cent..
Rubber heels:
Production-_
..thous. of pairs..
Shipments—
To shoe manufacturers.thous. of pairs. _
To repair trade
thous. of pairs..
For export
thous. of pairs..
Stocks, end of month
thous. of pairs..
Rubber soles:
Production
thous. of pairs..
Shipments—
To shoe manufacturers.thous. of pairs..
To repair trade.
thous. of pairs..
For export
thous. of pairs..
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:
Total
..thous. of dolls..
Belting
_
thous. of dolls..
Hose
thous. of dolls..
All other.
thous. of dolls..
Rubber bands,* shipments
.pounds..
48, 579
33, 392
46, 468
269, 572
108, 955
66, 268
25, 649
68, 700
.234
46,362
40, 688
48, 897
37,958
43, 701
260, 991
248, 995
114, 060 3 113,083
3 61, 478
56, 689
22,353
19, 223
63,100
60, 000
.204
.183
105, 357
20,116
."165"
44,751
46, 202
51,333
263, 362
92, 757
71, 229
26,176
73, 200
.274
258, 300
94,563
71, 562
26, 475
65, 700
.300
182,160
2 182, 775
-4.1
-4.3
+11.4
+4.6
-24.0
-45." 6"
4,026
7,491
4,784
8,826
5,128
9,318
4,645
9,561
4,742
9,113
4,629
9,370
2 17,034
2 18, 583
3,924
132
3,653
133
4,137
174
4,229
143
4,118
171
4,069
186
2 14,950
2 693
4,086
9,760
5,176
11, 020
5,427
11, 878
4,999
12, 500
5, 536
13, 371
5,060
13, 813
2 18, 662
2 15, 943 +6.6
2 582 - 1 6 . 0
J
19, 688
+5.5
4,469
90
3,997
81
4,205
98
4,196
86
4, 669
105
4, 501
109
2 17, 394
2 364
2 1C,867
2 355
-3.0
-2.5
37
164
37
159
44
159
44
157
64
162
2 211
2 162
-23.2
31
36
3
41
5
40
3
54
5
65
178
45
4
2 184
2 28
2 148
214
-19.6
-50.0
2,177
600
874
703
773
29.6
2,575
757
1,107
711
960
28.8
2, 853
805
1,148
900
896
26.6
2,416
835
874
707
980
27.6
2,800
820
1,498
482
805
41.4
2,642
955
1,206
481
740
59.9
2 9, 556
2 3,234
2 4,353
2
1,969
2 3, 618
17, 682
19,181
22. 583
18,575
14,169
16,133
2 54, 202
2 78,021 +43.9
10, 786
6,314
793
43, 796
10, 802
6,754
1,127
44, 289
10, 083
9,407
1,169
46,144
6,173
819
48, 892
6,682
6,507
7,128
7,016
» 27,925
2 20,949
2 3,446
2 40,310 +44.4
2 28,648 +36.8
2 3,908 +13.4
47,869
47, 516
3,431
3,628
3,747
2,928
1,726
1,779
2 4, 742
2 13, 734 +139. 2
2, 243
916
675
3,148
2,087
992
529
3,381
1,692
1,090
282
3,822
1,524
884
141
4,084
1,122
532
53
4,113
1,275
572
19
3,853
2 3, 713
2 1,306
2313
2 7,546 +103. 2
2 3,882 +197. 2
2 1,627 +419. 8
5,630
1,388
2,257
1,984
217, 798
5,838
1,351
2,289
2,199
195,249
6,675
1,524
2, 589
2,562
215, 724
5,406
1,211
2,078
2,117
169,403
5,823
1,459
2,370
1,995
5,726
1,350
2,437
1,939
2 23,989
2 5,806
2 10,138
2 8,046
2 23,549
* 5,474
2 9,213
a
8,862
-1.8
-5.7
-9.1
+10.1
33,234
2,809
15,148
8,195
5,113
37,105
3,598
155,548
14,985
70,966
36,948
23,486
225, 050
16, 512
126,972
39, 527
25,678
+44.7
+10.2
+78.9
+7.0
+9.3
220, 679
170, 732
31, 638
18,309
230,924
174, 407
35, 532
20,985
.246
.295
.152
.160
.168
.177
723
473
3,804
1,015
742
454
3,330
960
785
462
3,766
992
3,774
2,147
18,842
5,100
3,388
2,075
23,649
5,148
-10.2
-3.4
+25.5
+0.9
424,687
426,497
1,131, 652 1, 206, 586
101,905
93,908
+6.6
-7.8
HIDES AND LEATHER
Hides
Imports:
33,421
45,443
Total hides and skins
thous. of lbs_. 36,409
2,861
3,018
2,836
3,410
Calfskins..
thous. of lbs__
28, 833
26,101
16, 269
Cattle hides
thous. of lbs._ 18,856
8,362
8,182
7,453
5,448
Goatskins
_
thous. of lbs..
4,841
4,276
5,428
5,117
Sheepskins
_
thous. of lbs.-i
Stocks, end of month:
j
229,970
228,037
238,
736
244,242
Total hides and skins
thous. of lbs..i
Cattle hides
thous. of lbs..| 204, 224 200,897 194, 655 190, 492
20,136
22,687
21, 615
Calf and kip skins
thous. of lbs..| 23,825
15,179
14,858
16, 224
Sheep and lamb skins
thous. of lbs.-i 16,193
Prices:
.237
.248
.256
.261
Green salted, packers'
dolls, per lb._
.269
.295
.291
.300
Calfskins, country No. 1
dolls, per lb__
Inspected slaughter of livestock:
United States623
665
711
Cattle
thous. of animals..
374
407
438
383
Calves
thous. of animals..
5,140
5,780
3,446
5,479
Swine
thous. of animals..
1,048
1,016
918
1,151
Sheep
thous. of animals..
Canada—
61,041
80, 550
95, 521
Cattle and calves
no. of animals.. 66,128
Swine
no. of animals.. 271,156 247, 966 246, 597 222,116
18,482
16, 543 1
16, 018
Sheep
no. of animals..] 26, 090
* See table on p. 18 of the April, 1928, issue for earlier data.
31,014
61, 288
4,387
36,913
10, 082
6,016
6,393
+34.9
+54.7
+41.4
+23.2
+10.8
+65.2
+21.9
+121. 0
+22.0
-5.9
98, 759
209, 671
17,005
114, 484
212, 835
13, 790
2 10,021 +4.9
2 2,997
-7.3
2 4,003
-8.0
2 3,021 +53.4
2 3, 609 -0.2
-3.9 +46.4
0.0 +66.7
+16.1
+8.0
+10.4
+10.6
-7.9
+2.4
+1.0
+2.3
+29.0 +7.7
-1.5 +2.8
+4.7 +21.6
2 Cumulative through Apr. 30.
123, 257
218, 751
16, 775
+9.1
»Revised
+.4
33
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives
shown are
through
May, except where otherwise
noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
HIDES A N D LEATHER—Continued
Leather
Production:
Sole leather..thous. of backs, bends, sides..
Finished sole and belting
thous. of lbs._
Finished upper
thous. of sq. ft_.
Oak and union harness
stuffed sides. .
Skivers
doz__
Unfilled orders, oak and union harness..sides..
Stocks, end of month:
Sole and belting..
thous. of l b s . .
Upper
_
thous. of sq ft_.
Stocks in process of tanning, end of month:
Sole and belting
thous. of l b s . .
Upper
thous. of sq. ft..
Exports:
Sole
_
thous. of l b s . .
UpperTotal
_
thous. of sq. ft..
Cattle and calf
thous. of sq. ft..
Patent
thous. of sq. ft..
Sheep
thous. of sq. ft..
Prices:
Sole, oak, scoured backs
dolls, per lb__
Chrome calf, " B " grades.dolls, per sq. ft..
Leather Products
Shoes:
Production
thous. of pairs..
Exports
thous. of pairs..
Wholesale p r i c e s Men's black calf
bucher, Mass
dolls, per pair..
Men's dress welt, tan
calf, St. Louis
dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
Q oves, cut
dozen pairs
PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
_
_
short tons..
Consumption and shipments...short tons..
Stocks, end month.
...short tons..
Imports..
_
short tons..
Chemical:
Production
short tons. _
Consumption and shipments...short tons..
Stocks, end of month
short tons..
Imports..
short tons..
Price sulphite
dolls, per 100 lbs..
Newsprint Paper
Production:
United States, t o t a l . .
short tons..
Ratio to capacity
_.
per cent..
Canada.
short tons..
Consumption by publishers..
short tons..
Shipments:
United States..
short tons..
Canada
short tons..
Imports..
_
short tons..
Exports:
United States
short tons..
Canada
short tons..
Stocks, end of month:
At m i l l s United States
short tons..
Canada
_.
short tons..
At publishers
short tons..
In transit to publishers
short tons..
Price, roll, f. o. b. mill
dolls, per 100 lbs..
Printing
Book publication:
American manufacture
no. of titles..
Imported
no. of titles..
Sales books:
New orders
thous. of books..
Shipments
thous. of books..
Printing activity
weighted index number..
Cash checks, shipments *
thous. of checks..
Blank forms, new orders *_
.thous. of sets..
Box Board
Operation
thous. of inch hours..
Operation
per ct. of capacity..
Production...
short tons..
New orders
short tons..
Unfilled orders, end of month
short tons..
Consumption of waste paper
short tons..
Shipments.._
_
short tons..
Stocks, end of month...
short tons..
Stocks of waste paper, end of month:
On h a n d . . .
_
...short tons..
In transit and unshipped purchases..tons..
January
February
March
5
April
8
May
1,392
April
May
1,397
25,897
59, 753
80,464
22,966
128,446
1,378
25,842
60,197
81, 719
23,985
238,983
1,223
23,095
71,415
79,438
19,931
119,896
1,240
23,409
70,509
85, 757
20,154
79,257
1,363
25,245
73,045
79,226
19,061
59,769
1,358
24,761
63,730
8
69,462
318, 237
»54,183
54,828
245,931
54,085
242,361
54,302
249,023
57,335
253, 557
65,608
274,983
66, 298
267, 949
85,396
149,952
86,028
147,315
87, 299
141,386
89,181
140, 713
90, 794
145, 298
90, 395
144, 257
68,608
19,156
45,330
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
+2.5
+1.0
-1.2
-6.0
-20.1
-81.0
+5.0
-16.3
1,265
1,076
971
753
650
846
521
-13.7
15, 532
10,614
4,103
815
15, 567
10, 750
3,836
981
14,297
9,830
3,605
862
10,846
7,311
2,958
577
11,400
7~~~
13, 388
9,786
769
706
11,151
8,167
2,525
459
.59
.54
.65
.60
.65
.66
.60
.67
.60
.43
.46
.45
+5.1
+4.0
+2.4
+33.3
+1.5
0.0
25,939
388
29, 248
303
32,013
471
»26,178
394
409
595
25,626
586
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1927
1928
(-)
cumulative
1928|
from :
1927
6,577
2 99,895
» 268,980
361, 048
114, 554
6,577
«96,510
2 278,699
382,491
96, 539
0.0
-3.4
+3.6
+5.9
-15.7
+10.5
4,268
4,715
61,131
44,960
13, 226
2,945
67,642
46,108
17, 530
4,004
111, 951
2,628
• 113,378
1,965
-25.2
844,376
806,449
-4.5
764,100
721,192
724,365
697,291
-5.2
-3.3
-6.9
+19.9
+67.5
+48.9
+25.0
1
-30.2
+5.5
+3.1
+3.8
6.75
6.75
6.75
6.75
6.40
6.40
0.0
5.00
5.00
5.00
5.00
5.00
4.85
4.85
0.0
4.03
177,884
4.15
194,874
4.15
223,271
4.15
210,420
4.15
4.00
219, 370
4.00
208,924
0.0
142,034
139,851
159, 575
21,082
132,743
135,952
156,366
21,151
143,678 3 149,652
144, 771 3 133,702
155,274 s173,134
21,124
18,549
156, 258
143,015
186,377
24,024
165,680
142,483
221, 535
19,772
160,192
137,997
243,762
17,217
209,106
210,016
44, 726
156,164
2.53
209,820
207,926
47,162
130,152
2.53
228,692 3 210,780
230,484 3 211,400
45,854 3 43,872
83,352
80,592
2.53
2.53
222,924
225,710
41,456
90, 736
2.53
218,996 ,
- 214,848
221,406 214,918
39,120
39,290
82, 536 116,912
2.63
2.75
119,525
84
186, 721
172,952
112,302
79
189,822
162,573
119,932
80
197,976
186,232
117,553
84
192,645
129,892
181,112
126,010
84
203,811
186,641
166,460
186,138
114, 211
186,829
177,808
109,666
188,163
172,635
113, 752
190,305
172,896
118,453
193,443
163,179
122, 540
203,836
181, 913
128, 666
168,711
147,736
126,984
170,468
170,545
1,758
157,466
539
183,414
854
216,160
638
140,011
882
194,298
1,073
123,449
25,905
37,731
207,449
46,522
3.25
28,499
39,145
215,118
48,212
3.25
34,648
47,657
206,392
41,613
3.25
33,734
46,641
188,384
43,363
3.25
37, 207
46, 290
184,580
46,627
3.25
507
118
654
153
853
151
697
123
12,329
11,897
108
75,144
43,173
12, 332
11, 722
109
65,865
37,172
13,190
11,930
3 112
78,629
40, 221
11, 796
11,807
111
71,715
40, 880
7,892
78.9
205.065
205, 549
82,446
190, 631
198,194
49,172
8,194
82.0
213,066
216,051
86.780
194,756
211, 687
50,490
8,856
82.0
227, 573
245, 753
94,065
209. 806
237, 807
40,424
3 8,312
3 83.1
3 221,046
3 211,237
84,513
3 211,869
3 220,248
40.312
157,185
62, 791
142,723
60,918
139, 775
47, 582
132, 719
47, 551
+4.4 -2.5
+7.0 +3.6
+7.6 -23.5
+29.5 +39.5
+5.8 +3.8
+6.8 +5.0
+6.0
-5.5
Per ct.
increase
or decrease
+24.8
+2.2
+3.8
6.75
* See tables on p. 48 of the May, 1928, issue for earlier data.
111271—28
PER CENT INCREASE (+) OR
DECREASE (—)
1937
1928
+
+2.6
+32.5
+36.0
+1.3
91,836
105,930
+15.3
1,105,478
1,102,812
1,081,322
1,085,536
-2.2
-1.6
+.2
+12.6
0.0
-22.4
539, 757
540,996
127,395
+7.2
-1.1
645,842
595,322
-7.8
171, 586
186,268
+5.8
+3.1
+3.5
+5.4
+11.5
825,850
873, 624
970,975
889,510
+17.6
+1.8
633,186
813,471
785,123
578, 622
962, 576
868,431
+10.6
1,314
149,924
+18.8
+0.2
-3.5
+19.6
+6.7
+38.2 -32.9
+38.8 +29.6
6,269
741,403
4,671
891,349
+20.2
24,105
26,389
215,329
40,798
3.25
24,233
27,520
193,005
43,862
3.25
+10.3 +53.5
-0.8 +68.2
-2.0
-4.4
+7.5 +6.3
0.0
0.0
599
119
819
135
70
12,162
11,645
11,045
11,167
107
71, 767
31,270
12, 233
10,781
107
79,472
36,739
7,771
74.7
205,589
197.435
101,861
189, 942
209,944
50, 211
7,836
78.4
200, 216
194,122
93,248
193,077
201, 788
48,906
80,116
8,721
83.9
241,919
224,220
73,157
220, 261
235, 648
48.906
0.0
-14.1
-3.3
-13.6
+70.0
3,593
591
3,310
664
+3.1
-0.6
59,914
56,844
387,097
2 124,957
61,809
59,001
-1.4
+8.0
+11.7
+0.8
+4.9 +11.3
+1.0 +7.0
+9.4 +20.8
+6.1 +15.5
-13.4 -21.5
+4.0 +14.1
+7.0 +16.8
+21.3
0.0
149, 438 -4.0 -14.8
-2.8 -22.0
127, 352 147,938
46,225
46,314
2
Cumulative through Apr. 30.
+12.4
+3.2
-3.8
-4.0
+29.2
+8.1
+12.2
+10.3
+9.5
+11.0
38,817
41,975
1.108, 669
1,102. 810
938.408
994,168
1,027, 323
1,103, 584
Revised.
-25.5
371,469
2 161,446
988. 531
999,768
3
+18.3
34
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February 192S, "Survey"
January
February
PER CENT INCREASE (+) OR
DECREASE ( —)
1927
1928
April
March
May
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
Per ct.
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1927
(+)
or decrease
(-)
cumulative
1928
1928
from
1927
PAPEK AND PRINTING—Continued
Other Paper
Binder's board, production
short tons..
Book paper:
Production
short tons..
Ratio to capacity
per cent..
Shipments
short tons..
Stocks, end of month
short tons..
New ordersCoated
p. ct. of normal production,.
Uncoated__p. ct. of normal production..
Unfilled orders, end of m o n t h Coated
p. ct. of normal production..
Uncoated_.p. ct. of normal production,.
Wrapping paper:
Production
short tons..
Ratio to capacity
percent..
Shipments
short tons..
Stocks, end of month
short tons..
Fine paper:
Production
short tons..
Ratio to capacity
per cent..
Shipments
short tons..
Stocks, end of month
short tons..
All other grades:
Production
short tons..
Shipments
short tons..
Stocks, end of month
short tons..
Total paper (inc. newsprint and box board):
Production
short tons..
Ratio to capacity
per cent..
Shipments
short tons..
Stocks, end ©f month
short tons..
Paper-board Shipping Boxes
2,547
4,382
3,626
3,450
3,720
3,040
2,796
121, 509
90
125, 033
68, 265
123, 939
93
123, 567
69, 630
137, 572
91
135, 370
72, 415
125,191
91
117, 304
81.105
130,199
90
124, 861
86, 782
110, 217
103, 604
116,658
100,185
71, 387
97
84
74
77
12
9
11
7
!
I
I
i
91, 744
86
3
89, 542
3
93, 975
97, 702
87
94, 478
97, 228
93,419
84, 451
87, 627
72, 705
80, 735
73, 081
42.399 j
93 !
43,459 |
51,850
40, 288
92
37, 548
53, 741
40, 904
87
40, 863
53, 791
40, 539
38, 734
39, 931
49. 446
38, 424
50, 436
99, 266
97, 858
69, 798
107, 475
105, 705
71, 569
99, 211
98, 063
67, 589
100, 357
98, 298
72, 942
695. 088
85
680, 953
372, 665
744, 209
83
724, 095
395, 483
678, 867
654, 757
674, 889
330,155
646, 414
340, 985
+6.5 +15.7
+1.2
+5.5 +17.0
+3.5 - 3 3 . 0
+1.5
-5.4
+8.8 +6.3
+. 1 +6.7
+8.3 +7.1
+8.0 +7.5
+2.5 - 1 . 9
+7.1 +13.7
-2.4
+6.3 +12.0
+6.1 +16. 0
96
11
9
10
3
+7.8 +33.0
+4.0 +25.7
84
-23.7
-8.3
-11.9
-13.5
-8.3
-22.2
—8. 3
-30.0
93, 249
89
93, 249
87, 593
37, 471
93
35, 550
52, 410
38,870
97
38,287 |
52.973
99, 588
98,946
60,, 838
96, 075
93, 680
66, 766
679, 381
82
665, 078
344, 485
677, 501
82
670,136
355, 951
thous. of sq. ft..
thous. of sq. ft..
thous. of sq. ft..
347, 622
227, 280
70, 342
402,183
326,430
75, 753
425, 361
348, 835
76, 526
405, 319
327, 815
78, 845
398,473
323, 493
74, 980
403,165
322, 002
81,163
406, 633
326,474
80,159
-1.7
-1.3
-4.9
-2.0
-.9
-6,5
P e r c e n t o f normal..
per cent of normal..
per cent of normal..
69
67
75
77
75
84
80
78
85
74
72
72
69
77
76
77
75
75
76
-2.7
-4.2
0.0
+5.3
reams..
reams. .
AND
80,505
17,112
83, 969
16,169
96,871
20,558
81, 782
19,634
94,309
18, 944
85, 334
16,714
85, 928
17, 735
+ 15.3
-3.5
Rental advertisements, Minneapolis, .number..
Real estate conveyances (41 cities)—.number..
2, 473
139, 314
2,465
136, 968
3,820
157, 819
5, 561
148, 496
5,212
5,895
160,088
5,828
150, 558
-6.3
178
183
192
205
199
182
186
192
205
199
184
187
192
206
197
179
184
191
207
197
177
183
191
206
197
190
189
193
207
201
193
206
200
0.0
-.5
0.0
203
212
197
200
203
212
197
200
204
213
197
200
204
213
196
199
0.0
0.0
0.0
0.0
13,896
10, 834
55, 281
5,071
14,316
6,020
56, 655
6,960
12, 259
9,187
47, 731
4,515
12,499
6,062
38, 223
5,136
5,582
79, 722
Production:
Total.
Corrugated
Solid fiber
Operating activity:
Total
Corrugated
Solid
fiber
3
' 106, 528
' 105, 905
3
66. 466 I
3
3
3
3
3
3
735. 622
82
732. 627
358, 354
3
3
17, 725
+29.9
638, 410
+12.2
562, 281
626,135 11 +11.4
453, 916
480,536 11 + 5 . 9
-1.1
+6.4 +24.6
+21.6
+7.0
96. 223
91
93.144
87, 895
101. 618
89
96, 334
92,551
13, 646
569,194
-I439, 924
~466,~ 747~ j I ~ ~ +6." 1
187, 680
199,932 || +6.5
189, 951
195, 707 | +3.6
502, 692
499. 053
508,932
+1.2
3,531,801 jj
+5.5
504,094 I +1.0
3, 347, 945
3, 318, 563 '3~472,~889~jf ~+4.~7
1,978,958 I
1,553.853 I
376,446 !
2,023,821
1,617,463
406, 358
-2.2
-3.9
-7.4
-4.0
-8.0
Other Paper Products
Abrasive paper and cloth:
Domestic sales
Foreign sales
BUILDING
CONSTRUCTION
3
+9.8 |
+6.8 |
-10.6
429, 262
81,437
437,436
+1.9
92,417 j +13.5
21, 992
2 587, 035
19,531 11 - 1 1 . 2
2 582,597 ||
-.8
Building Costs
Building materials:
Frame house, 6 room
rei. to 1913—
Brick house, 6 room
rel. to 1913..
Concrete factory costs (Aberfnaw). .rel. to 1914..
Building costs (Eng. News Record)_rel. to 1913-.
Building costs (A. G. C.)
rel. to 1913Construction costs (Am. Appraisal):
Frame
rel. to 1913Brick, wood frame
rel. to 1913Brick, steel frame
rel. to 1913..
Reinforced concrete
rel. to 1913-
I
I
|
j
!
205
214
196
200
)
203 i
212
197 i
200 !
10,803
4,412
37, 516
3, 380
9,084 !
5,384 i
42,548
3,071
10,826
6,940
54,582
5,209
3,955
60, 271
4,855 \
65,137 :
6,385 |
84,266 |
65, 981
34,833
186, 904
22, 854
51,564
31,716 ;
232,574 i
18,232 |
69,490 i
48.068 |
266.069 j
33,255 |
5,941 !
6,063
91,222 !
91, 693
j
80,514 '
87,162
83, 208
31,627
269, 325
280, 292
46, 073
31, 829
30.
69,
410,
20,
53,803
56,134 !
444,023 :
25,875 '
124
49,45i i
106,511 !
572,847 I
22,946
137 !
45, 900
113, 746
624, 523
58, 346
164
33, 503
144, 738
641, 395
70, 684
185
25, 981
2,101
23, 202
2, 860
203
212
197
200
-1.1
-6.3 ;
-3.2 i
-1.0
0.0
-.5
+ .5
+.5
Contracts and Losses
Contracts awarded (36 states):
Commercial buildings
thous. of sq. ft.
Industrial buildings thous. of sq. ft.
Residential buildings
thous. of sq. ft.
Educational buildings
thous. of sq. ft.
Other public and semipublic buildings
thous. of sq. ft.
Grand total - thous. of sq. ft..
Contracts awarded, value (36 States):
Commercial buildings
thous. •of dolls.,
Industrial buildings
thous. of dolls.,
Residential buildings thous. of dolls.,
Educational buildings
thous. of dolls..
Other public and semipublic buildings
thous. of dolls-,
Public works and utilities.-thous. of dolls.,
Grand total
thous. of dolls.,
Contracts awarded, Canada
thous. of dolls.,
Building volume (A. G. C.)
rel. to 1913-.
Fire losses:
United States and Canada
(Journal of Commerce)...thous. of dolls.
Canada (Monetary Times) _thous. of dolls..
2
055
676
535
480
125
43, 261
2, 959
41,105
1,713 ;
30, 377
2, 04S
Cumulative through Apr. 30.
!
!
!
!
+3.0
+2.5
+37.3
+48^2
+35.5
58, 925 ! + 1 . 1
58,306 !
33,590 | +14.1
29,446 !
246,582
| +26.7
194,679 i
23,691 | +16.0
20,422 j
7,957
70, 580
+2.1
+.5
-23.8
+29.9
29,134 i
336,045 |
78,084
40, 032
259, 841
34, 326
69,183
42, 869
212,500
33, 655
+26.0
—26.2
+31.9
+36. 9
397,958
197,976 !
1,030,686 |
141,911 |
58,
113,
583,
38,
67,
105,
530,
46,
334
220
762
758
197
+8.3
-62.0
+4.1
+44.8
-27.0
+27.2
+2.7
+25.4
+ 12.8
20, 713
1,338
-10.7
+36.1
+ 12.0
-113.8
227
246
766
582
166
39, 721
2,173
3
+14.5
-44.4
Revised.
j
266,899 !
-50. 2
+37.6
423,179 !
+20.8
2,460,618 j
+51.2
139.095
-G. 1 i
151, 438
10, 226
27,199 1
-6.6
392.589 | +16.8
!
354,711 || -10.9
229,452 II +15.9
1,235,164 | +19.8
152,243 I +7.3
212,715 |l -20.3
490,805 j! +16.0
2,693,323 I +9.5
196,331 +41.1
163, 926
11,681
+8.2
+14. 2
35
TREND OF BUSINESS MOVEMENTS—Continued
PER CENT INCREASE ( + ) OR
DECREASE ( —)
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
May
1928,
from
April
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
May
1928,
from
May
1927
cumii
j lative
1928
from
1927
(
LUMBER PRODUCTS
Softwood Lumt)er
Southern pine:
Production (computed)
M ft. b. m._j
Operation
per cent of full time..!
Shipments (computed)
M ft. b. m '
New orders (computed)
M ft. b. m__
Stocks, end of mo. (computed) _M ft. b. m__jl,
Unfilled orders, end mo. (eom.)*M ft. b.m__
Exports, lumber
M ft. b. m_.
Price, flooring
dolls, per M ft. b. m_.
Douglas fir:
Production (computed)
M ft. b. m_.|
Shipments (computed)
M ft. b. m . J
New orders (computed)
M ft. b. ra._
Exports, lumber
M ft. b. m__
Exports, timber
M ft. b. m . J
Price, No. 1 common.dolls. per M ft. b. m_.|
Price, flooring, 1 x 4 , B
M ft. b. m_.|
California redwood:
I
,454
Production (computed)
M ft. b. m . J
Shipments (computed)
M ft. b. m..l 30, 201
,763
New orders (computed)
M ft. b. m . J
Unfilled orders, end mo.(coin.)*M ft. b. m . J 50, 415
California white pine:
i
Production.
M ft. b. m_. 51,187
Shipments
M ft. b. m... 90, 891
Stocks, end of month
M ft. b. m._ 609,181
Western pine:
Production (computed)
M ft. b. m__ s 48, 843
Shipments (computed)
M ft. b. m._ 109, 273
Stocks, end of mo. (computed)_M ft. b. m_. 889, 525
,042
Unfilled-orders* (computed)...M ft. b. i n . .
North Carolina pine:
Production (computed)
M ft. b. m__
Shipments (computed)
M ft. b. m._
Northern pine:
LumberProduction
M ft. b. i n . . 33, 550
Shipments
M ft. b. m__ 29,451
New orders
M ft. b. m__ 32. 703
LathProduction
M ft. b. m__
Shipments
M ft. b. m__
Northern hemlock:
Production
M ft. b. m__
Shipments
M ft. b. m_.
424, 525 460, 348
100
99
417, 652 481, 645 447, 083 489,100
430,141 498, 006 464, 896 420,169
206,904 1,185, 605 1,160,433 1,101, 740
365, 315 381, 676 399, 489 349, 362
66, 527
53, 952
75, 054
47, 011
35. 69
35. 74
35.88
36.12
507, 633
479, 879
541, 206
45, 346
44, 236
15.99
34.04 i
508, 528
479, 879
521, 062
58, 020
43,423
16.08
34.13
520, 615
549,264
583, 733
58, 862
43, 226
15. 99
33. 97
43,276 I
38, 700 I
37,299 ;
48,000 !
51,210
43, 847
45,316
49,003
38, 489
38, 820
36, 741
47, 916
51,452 ! 80,683
97,412 ! 114,182
568,957 ! 534,740
490,175
558, 217
620,888
71, 427
60, 797
16. 70
34.47
41,
47,
49,
47,
484, 355
565, 827
548, 368
46, 699
45, 003
17.24
35. 81
100. 978
106,186
493,696
532, 253
548, 369
553, 741
59, 973
56, 865
16. 34
35.69
-5.8
+1.6
+6.4
+21.3
+40.6
+4.4
+1.5
44. 692
56, 527
55, 619
70, 293
+7.
+23.1
+34. 3
-1.3
2, 448, 632 2, 437, 444
2, 522, 496 2, 464, 810
2, 623, 216 2, 711, 403
318,954
256, 361
193, 952
190, 605
-7.4
-15.5
-11.3 I
-32.7
185,919
224,990
245,686
2 418,768 i
2 530, 086 I
156, 237
146, 741
1,056,021 11,027,541
47, 523
54,866 i
18,089
13,255
62 I
51,191
50,204
50, 918
42,302 I
41,353 |
44,555 !
47,379
43,401
44,451
9, 868
9, 675 |
13,194
13, 634
16,159
22,278 !
16, 931
23,922
2,547
2,745
11, 093
2, 978
8, 243
2,717
2,884
10, 915
3,042
,114
802,761 i
200,180 !
290,994 I
770, 467
191,549 !
276,704
+25. 5 - 3 . 6
+16.5 ! +1.7
+ . 1 -19.1
188, 410
187, 691
184, 491
Hardwood Lumber
Walnut lumber:
Production
M ft. b. m..j 3,063
2,585
3,268
2,955
• Shipments
M ft. b. m . . | 2,687
2,762
3,042
2, 646
Stocks, end of month
M ft. b. m_.| 13, 264
13,179
13,327
13, 635
New orders
M ft. b. m__! 2,628
2,807
2,835
2, 652
Unfilled orders, end of month.. M ft. b. m . J
5,491 i
4,613
4, 491
5,
Walnut logs:
j
Purchased
M ft. log measure..:
- Made into lumber and
j
veneer
M ft. losj measure. J
Stocks, end of month...M ft. log measure..
Northern hardwoods:
Production
M ft. b. rn_.
Shipments
M ft. b. ni__
Lower Michigan hardwoods:
Production
M ft. b. m._
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m._
All hardwoods:
Total stocks, end of month—
Total hardwoods
M ft. b. m._ 1 021, 295 1.145,176 1,244,922 1,188,647
Gum
M ft. b. m__ 297, 464
366,302
363,792
Oak
M ft. b. m... 360,590
437,410 ! 424,084
Unsold stocks—
|
Total hardwoods
M ft. b. m..j 805, 780 912, 818 1,009,703
970,821
Gum
M ft. b. m . J 219, 301
283,915 I 284,850
254,192
Oak
M ft. b. m
296, 720
372,698 i 362,108
337, 262
Unfilled orders—
j
Total hardwoods
M ft. b. m._! 256,464
281,196
Gum
M ft. b. in..! 100, 560
103, 092
Oak
M ft. b. m . J 69. 392
78,296
2, 894
3. 388
13, 264
4,180
5, 540
-2.1
+28.0
-2.7
+57.6
+23.4
+6.5
+17. 5
+21.5
+37.4
-31.7
19,108 i
72, 069
69,044 I
Total L u m b e r
Production, 10 species
M ft. b. m_J|:32,007,672
Exports, planks, joists, etc
M ft. b. m__
Retail yards. Minneapolis district:
Sales..-1
M ft. b. m._
Stocks, end of month
M ft. b. m__.
Composite lumber prices:
I
Hardwoods
dolls, per M ft. b. m__l
Softwoods
dolls, per M ft. b. m . J
* See table on p. 22 of the April, 1928, issue for earlier data.
2
213,829
199,340
207, 470
418,573 j +32.2
516,038 i + 1 1 . 8
114, 984
106, 470
482, 405
34,513
35,413
36, 470
13,360 I
,520 I
314,563
63, 216
39.32
400
772
351
281
74, 843 ! 3 139, 087
121, 504 j 3 151,903
, 228 I 3 585,47
106,554 3HQ656
51, 317
46,746
2, 096,148 2, 261, 700
2,185, 700 2, 287,112
Cumulative through Apr. 30.
3 Revised.
-.7
-. 3
36
TREND OF BUSINESS MOVEMENTS—Continued
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
LUMBER PRODUCTS—Continued
Flooring
Maple flooring:
Production
_.M ft. b. m.
Shipments
_M ft. b. m_
Stocks, end of month
_._M ft. b. m_
New orders
_
M ft. b. m.
Unfilled orders, end of month. .M ft. b. m_
Oak flooring:
Production
_
M ft. b. m.
Shipments..
M ft. b. m.
Stocks, end of month
M ft. b. m_
New orders
M ft. b. m.
Unfilled orders, end of month. _M ft. b. m_
Doors at wholesale*
White pine:
Receipts
number.
Shipments.
number.
Stocks, end of month
.number.
Unsold stock, end of month
number.
Fir:
Receipts
.number.
Shipments. _ numberStocks, end of month
.number.
Unsold stock, end of month
number.
Wooden Furniture
Household furniture and case goods:
Shipments
dolls., average per firm.
Unfilled orders dolls., average per firm.
Grand Rapids district:
Shipments.
No. of days' production.
New orders
No. of days' production.
Unfilled orders, end of
month
.No. of days' production.
Outstanding accounts, end of
month..
No. of days' sales.
Cancellations
.per cent of new orders.
Plant operation
per cent of full timePiano benches and stools:
New orders (av. per
firm)
dollarsUnfilled orders, end of month
(av. per
firm)
.dollars.
Shipments—
Value (av. per
firm)
dollars.
Quantity (total)
.pieces.
Plywood and Veneer
Plywood:
New orders
thous. of sq. ft. of surface.
Shipments
thous. of sq. ft. of surface.
Unfilled orders, end of
month...
thous. of sq. ft. of surface.
Rotary-cut veneer:
Purchases__
number of carloads.
Receipts
number of carloads.
7,346
7,252
28,721
8,161
9,154
February-
7,519
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
1928
March
7,862
8,184
April
May
April
May
7,070
8,256
27,514
9,197
11,423
8,141
10,022
28,154
9,103
10,856
8,282
11,921
25,055
11,785
13,238
35,697
40,970
62,196
45,763
51,623
40,380
49,034
51,430
48,424
52,315
Per ct.
increase
(
t>
or decrease
(-)
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
-3.6
-14.6
-30.7
44,742
47,271
37,128
38,126
-17.0
-19.3
+30.7 - 2 2 . 0
+14.7 - 1 3 . 7
+11.3 +18.3
+9.0 +2.5
- 2 . 0 +47.7
+9.2 +3.9
+1.4 -6.9
42,000
39,317
-6.4
186,810
199,393
207,699
222,272
+11.2
+11.5
215,426
235,232
+9.2
«197,907
*170,300
-13.9
39,984
33,624
-15.9
38,853
49,736
32,569
42,154
-16.2
-15.2
«12,818
»12,082
»10,078
»11,276
-21.4
470
432
834
3,449
3,024
3,066
3,228
29,118
7,712
10,034
7,211
9,816
7,331
7,545
28,326
7,036
9,963
82,239
53,888
45,925
38,771
40,232
82,758
36,163
42,975
42,272
47,599
78,855
48,815
47,134
42,924
46,105
77,491
46,071
48,004
47,785
50,256
75,948
50,295
48,681
10,756
12,465
111,313
94,534
18.763
19,309
116,234
88,582
44,442
38,449
163,986
121,445
16,487
20,028
83,908
61,048
14,130
19,146
68,396
46,758
-4.4
-18.5
-23.4
9,175
8,860
47,601
41,637
18,069
15,524
80,340
65.764
29,822
31,339
113,361
89,047
10,006
17,218
87,199
65,653
12,117
9,010
47,315
16,726
+21.1
-47.7
-45.7
-74.5
38,668
44,017
44,655
40,051
44,553
31,970
42,424
27,970
46,214
36,952
45,042
43,125
23
40
25
23
25
20
20
19
20
14
17
29
44
42
34
30
33
42
55
7.0
95.0
54
13.0
94.0
53
7.0
92.0
47
12.0
90.0
47
26.0
95.0
44
10.0
95.0
7,043
7,556
6,818
5,626
6,581
8,129
7,011
2,851
2,076
1,978
1,650
2,094
2,004
1,972
5,918
7,617
7,647
9,781
6,933
9,104
5,955
7,694
6,136
7,958
7,935
10,218
6,976
8,900
2,469
2,575
2,450
2,896
2,709
3,125
2,450
2,680
2,362
2,370
3,426
2,136
2,863
2,808
3,807
2,582
3,182
3,290
132
97
115
91
173
173
183
165
229
84
84
100
127
622
768
2,757
958
796
925
2,517
942
729
774
2,614
1,074
819
860
2,507
1,069
236, 433
275,872
23
13.50
13.50
371,320
100,953
197,411
348, 211
2
16.50
59, 647
17,037
96,125
48,831
22,465
15,459
103,181
50,819
238,169
291,130
569,254
445, 752
233,728
288,530
514,452
448, 326
35,947
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 3 1
+9.4
-2.9
+9.8
+17.0
-6.1
+26.9
+3.0
+3.4
+6.2
-4.6
-12.0
-10.6
1928
1927
+65.0
+25.1 +80.3
cumulative
1928
from
1927
+28.9
+93.1
STONE, CLAY, AND GLASS
PRODUCTS
Clay Products
Face brick, averages per plant:
482
Production
..thousands.
526
640
402
Shipments
thousands..
447
686
3,037
Stocks, end of month
thousands..
2,960
2,958
844
Unfilled orders, end of month..thousands..
761
Common brick:
Stocks, end of monthBurned
thousands. _ 517,897 487, 713 405,461
Unburned
thousands.. 68, 611 64,492
69,460
Shipments
thousands.. 131, 338 121, 089 233, 702
Unfilled orders, end of month..thousands.. 219, 233 231, 203 251,105
Plants closed down
number..
91
73
57
Price, red, New York
dolls, per thous..
13.50
12.75
13.25
Porcelain plumbing fixtures:
12,794
Net new orders
pieces.. 13,953
42,130
12, 079
Shipments..
pieces.. 13, 239 11,969
53, 515
Unfilled orders, end of month
pieces._ 22, 639 23,464
Stocks, end of month
pieces.. 37, 374 40, 930 42,442
Vitreous china plumbing fixtures:
New orders
pieces.. 237, 727 494,042 3 391,101
Shipments
..pieces.. 240, 829 246,002 3 335,948
Unfilled orders, end of month
pieces.. 329,482 577, 522 3 622,215
Stocks, end of month
pieces.. 544,461 538, 965 3 463,180
Floor and wall tile:
4,663
4,649
5,287
Production...
thous. of sq. ft..
3,951
4,185
5,253
Shipments, quantity
thous. of sq. ft_.
1,495
1,683
Shipments, value.
_.thous. of dolls._
2,035
14,169
Stocks, end of month
thous. of sq. ft.. 13,902
13,907
* See table on p. 18 of the April, 1928, issue for earlier dataj
344, 572
3
3
3
3
5,553 1
2,016 !
+28.0
+20.4
-8.7
-1.7
329,572 j
154,151 i
237,107
274,959
1
15.50
-2.8
+7.6
+.4
-11.9
2 590,436
0.0
2
-11.1
+6.7
722,562 | +22.4
-12.!
-62.3
-9.3
+7.3
+4.1
217,740
220, 786
347,635
618,492
241,315 H - 1 . 9
246,223 ! - 0 . 9
342,717 ! - 9 . 6
607,968 i + 0 . 6
-3.1
I +56.6
+17.2
+50.1
-26.3
5,453
4,948
1,S79
11, 658
3 Cumulative through Apr. 30.
3
Revised.
37
TREND OF BUSINESS MOVEMENTS—Continued
1928
The** cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
March
1927
April
STONE, CLAY, AND GLASS PRODUCTS—Continued
Clay Products—Continued
Terra cotta, new orders:
16,563
12,226
10,850
Quantity
_
net tons.
10, 284
949
1,454
1,153
Value
_
thous. o Idolls.
1,040
Sand lime brick:
12, 789
3 10,012
17,063
10,921
Production
thousands.
4,945
4,273
3 4,829
3,738
Shipments by rail
thousands9,391
7,024
3 9,182
6,204
Shipments by trucks
thousands15, 867
315,121
16,920
16, 777
Stocks, end of month
thousands_
14,830
314,123
12,
625
16,942
Unfilled orders, end of month. .thousandsPortland Cement
9,768
8,797
13,468
10,223
Production
thous. of bbls.
49.4 i
70.0
51.7
47.5
Operationf
per ct. of capacity.
25,116
i
27,
627
27,445
27,349
Stocks, end of month
thous. of bbls_
9,672
!
14,463
15,002
12,237
Stocks, clinkers, end of month*.thous. of bbls.
6,541
|
6,563
13,307
10,135
Shipments
-thous. of bbls.
1.683 i 1.683
1.683
1.683
Wholesale prices, composite
dolls, per bbl.
Highways
Concrete pavements, new contracts:
5,902
7,464
12,406
17,788
Total
thous. of sq. yds.
4,103
12, 722
5,615
Road
thous. of sq; yds.
8,746
Federal-aid highways:
Completed—
11,411
10,728
8,209
Cost
thous. of dolls.
458 I
340
395
Distance
miles.
8,480
8,267
Under construction, end of month..miles.
8,332
Plate Glass
8,205
11,297
9,953
10,093
Production, polished
thous. of sq. ft.
Glass Containers
Actual production:
2,207
2,421
2,570
2,085
Quantity
._
gross.
84.3
76.9
82.9
72.7
Relation to capacity
percent.
1,965
3,424
2,577
New orders
gross.
2,491
2,646
1,958
2,113
Shipments
gross.
6,239
6,283
6,327
6,370
Stocks, end of month
gross.
10,705
11, 272
10,140
10, 633
Unfilled orders, end of month
gross.
Illuminating Glassware
Production:
2,685
3,137
Total
_
number of turns.
3,243
34.8
39.4
Ratio to capacity
.per ct. of capacity.
41.8
39.7
39.6
New orders
per ct. of capacity.
38.1
42.4
36.5
39.5
Shipments
per ct. of capacity.
36.9
40.1
Unfilled orders, end
1.2
1.4
1.3
1.1
of month
number of weeks' supply.
4.2
3.7
4.3
Stocks, end mo
number of weeks' supply.
4.2
CHEMICALS AND OILS
Chemicals
Sulphuric acid:
842
580
Exports
thous. of lbs.
560
728
.78
Price, wholesale-dolls, per 100lbs.
.78
.78
.78
Nitrate of soda:
69,867 144, 716
177,187 131,819
Imports
_
..long tons__
Production in ChileQuantity
metric tons. 242,800 236,600 253,800 255,100
62
63
Units reporting
number of plants.
63
63
Potash salts:
31,646
22, 230
28,137
33, 774
Imports.
long tons.
Production in France (K2O content)*
31,290
33,958
34,770
metric tons.
Sales in Germany (K2O content)*
__
__ .metric tons. 202,010 208,400 161,460
67,414
Superphosphate (acid phosphate):
Production...
short tons. 358,008 345,040 3 361,729 355,614
Stocks, end of month..
short tons. 2,196,736 2,087,723 31,386,087 864,054
Shipments
short tons. 101,540 201, 571 3 447,461 390,894
Fertilizer:
87,632
114,632 127, 111
74,955
Exports
_.
long tons.
Consumption, Southern States.short tons. 603,343 1,113,569 2,185,435 862,878
Dyes and dyestuffs, exports:
239
490
276
296
Vegetable
thous. of lbs.
1,715
1,735
Coal tar
_
..thous. of lbs.
2,848
1,788
Arsenic
Crude:
1,158
1,098
1,076
Production
_
short tons.
1,600
1,407
1,834
1,863
Stocks, end of month..
short tons.
2,005
Refined:
827
669
Production
short ton.
2,496
2,479
Stocks, end of month.
short tons.
2,760
2,403
Price index numbers:
208
212
209
210
Crude drugs
rel. to Aug., 1914.
132
139
130
Essential oils...
rel. to Aug., 1914.
131
Drugs and pharma169
169
169
169
ceuticals
rel. to Aug., 1914.
113
112
112
113
Chemicals
rel. to 1913-14.
122
122
130
125
Oils and fats
rel. to 1913-14.
t See table on p. 18 of the April, 1928, issue for earlier data.
* See table on p. 21 of the March, 1928, issue for earlier data.
J See table on p. 22 of the June, 1928, issue for earlier data.
PER CENT INCUMULATIVE TOTAL
CREASE (+) OR
FROM JANUARY 1
DECREASE (—)
THROUGH MAY 31
May
May
April
May, j May,
1928,
1928,
from
from
May,
April,
1927
1928
Per ct.
increase
(+)
or decrease
(-)
1927
1928
cumu»
lative
1928
from
1927
+9.3
10,857
1,113
14, 633
1,513
10,751
1,140
-11.2
-3.5
+1.0
-2.4
55,620
6,034
22,244
7,752
18,229
12,159
14,445
16,217
6,229
10,884
8,493
18,413
23,225 +122.2
8,196 +60.5
13,250 +98.5
8,740 -19.6
17,237
+2.3
-4.2
-5.4
+37.6
+39.1
-16.2
74,074
31,141
46, 741
25, 537
50,030
-14.9
-18.0
+7.0
17,280
86.6
25,921
13,964
18,986
1.683
14,048
16,701
59, 536
+2.9
23, 503
12, 514
16,865
1.683
-28.3 +3.5
+23.7
-6.2 +10.3
-6.9 +11.6
+42.7 +12. 6 :
0.0
0.0
57,834
23, 654
13,335
14,350
1.683
55,014
55, 532
20,695
13, 246
15,482
10,264
14,234
8,235
+16.3 +45.4
+4.1 +60.9
47,643
28, 626
64,255
44,432
6,170
265
9,821
9,101
414
10,000
10, 224
10,299
9,618
+2.7
+6.3
49,832
49,772 I
2,688
86.7
2,137
2,729
6,192
10,076
2,205
74.1
2,004
2,346
6,341
10, 658
2,197
73.8
1,800
2,383
6,149
10,135
+11.0
+2.8
+8.8
+9.6
-.8
-5.9
+22.3
+17.5
+18.7
+14.5
10,610
11,971
11, 757
10, 767
12,783 I
11,937 j
+12.8
+8.7
+10.9
3,030
39.8
39.6
38.8
2,797
37.0
45.0
39.3
12,001
+3.3
1.0
3.7
1.2
1,024
.75
3,226
-9.4
97,480
730
.75
43,578
99,050
30
105,900
32
516
.78
113, 722
12,997
15,911
8,292
25, 740
30,200
50,955
43,048
-38.7
0.0
113
128
300
1,227
451
1,075
2,208
905
1,432
925
2,059
1,718
207
123
205
121
156
113
132
156
113
130
3,560
-29.3
+4.0
-13.7 +161. 0
+6.2
0.0
-.1
2
316,027
637,311
2 988,300
+101.7
+188. 2
92,094
128,784
+39.8
2 588,949
2 639,284
+8.5
+43.6
2 989,409 i l , 420,391
2 821,109 21,141,466 I
550,810
4,964,035
+39.0
+2.6
+21.1
11,566
1,461
9,984
-9.7
-13.7
* 5,016
»4,932
-1.7
2 3,678
2 2,852
-22.5
+22.1 ! 537,064
+35. 7 3,876,596
1,619
-64.5
0.0
+2.4 - 1 . 5
Cumulative through Apr. 30.
3 Revised.
2
+34.9
+55.2
2 342,933
-53.8 +68.8
-45.9
-5.4
-.6
* 11, 621
213,967 240,939
31,016,748 1,013, 638
i 295, 200
107,738
146,480
128,689 119,927 +16.0
198,810
870, 224 146,454 -77.0
160
+.7
60,780
5,709
38
TREND OF BUSINESS MOVEMENTS—Continued
{Per ct.
1928
PER CENT INCUMULATIVE TOTAL | inCREASE (+) OR I FROM JANUARY 1 crease
DECREASE ( — ) j THROUGH MAY 31
(+)
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 138 of the
February, 1928, "Survey"
May
May,
1928,
from
April
1928
or deI crease
(-)
cumulative
May
1928,
from
! 1928
from
1927
May
1927
CHEMICALS AND OILS-Continued
Wood Chemicals
Acetate of lime:
Production—
United States
thous. of lbs.
Canada
thous. of lbs._
ShipmentsUnited States
thous. of lbs__
Canada
thous. of lbs.
Stocks, end of m o n t h 19, 562
20,186 3 20, 516
United States
thous. of lbs__| 17, 203
2,840
4, 062 I
3, 084
3,459
Canada
thous. of lbs__j
1,630
2,037 I
917
1,760
Exports
thous. of lbs._;
3.50
3. 50 i
3. 50
3.50
Price, wholesale
dolls, per cwt-.j
Methanol, crude:
Production—
649,551 I 592,855 657,460 i 3 607, 253
United States
gallons.
47, 234
45, 659
47,377 | 35,768
Canada
gallons.
Stocks at crude plants, end of m o n t h 344, 798 363,325
333,496 ;3 323,183
United States
gallons.
39, 249
C anada
gallons.
55, 776 | 32, 773
46,158
Stocks at refineries and in t r a n s i t United States
gallons. _ si, 126,152 1,132,377 1,079,047 1,120,970
55, 298
47, 268
55, 934
Canada
gallons. _j 56,104
42, 871
41, 232
59, 244
Exports
gallons.. i 33, 384
Wood at chemical plants:
Consumption3
64, 0S0
72, 303 ! 63, 973
United States
cords..! 68,559
5,858
5,640
Canada
cords..!
5,793 j
4,664
Stocks, end of month—
3
United States
__ .cords. _| 560, 568 543, 555 534,161 ! 515, 250
Canada
cords. _ 74,440
74, 734
75,117 ! 74, 749
Daily capacity—
!
3,323 ! 3.275
3, 323
Total
cords.. > 3, 293
249
261
261 i
Shutdown
cords.. j
Methanol, refined:
Production—
442,023 468,446
United States
gallons. _ i 496, 073 390, 099
44, 850
48, 400
46, 000
Canada
gallons.. j 38, 700
Stocks, end of month—
!
467, 723
412, 597 430, 298
United States
gallons. _ | 455, 316
33, 044
48, 413
47,311
Canada
gallons..! 29,198
Shipments—
!
407, 351
469, 308 412, 597
United States
gallons.. j 482, 666
35, 986
39, 856
11, 505
Canada
gallons., i 17, 775
.48
.46
.46
.46
Price, wholesale, N . Y
dolls, per gal..!
Ethyl Alcohol
j
Production
thous. of gals..! 13,050
Withdrawn for denaturization
thous. of gals. _ j 10,098
Warehouse stocks, end of month.thous. of gals. _;
9,463
Explosives
29,607
31,332
29,879
17,973
11,972
531
16,292 I. 22, 207
3,120 l| 3,454
1,152 ||
974
3.50
3.50
23, 068
3,398
1,582
3.50
666,638
39, 016
638, 376
30, 088
325,888
41, 468
345,366
29, 910
909,620 j 819, 216
57,270 I 12, 949
98,763 | 41, 254
896,334
33, 078
22, 863
559, 604
28,505 i
299.062
29', 533 J
59, 744
3,500
3,066,723 !i - 1 2 . 8
204,543 l! - 1 . 6
69, 895
4,790
489. 388 I 524, 259
74,800 ; 31,113
3,267 !
299 i
557,780
30,400
505,299
55,359
492,081
14,528
.46
i
!
|
|
j
!
I
3,535
319
420,741
39, 910
606, 975
73, 706
416,996
35, 340
.83
469, 513
20,432
.83
13. 052
11,584
9,335
11, 220
9,061
10,120
11,784
11,050
8,686 ! 9,334
10,945 i 11,267
12, 674
11,618
8,459
31, 895
31, 035
29,203
18, 447
30,001
30,801
29, 660
18, 645
32,153
32,095
30, 701
17, 647
31, 962
33,132
31,415
18,043
4,568
61, 906
.60
5, 624
40, 338
.60!
20, 765
45,458
.58
39,764 | 30, 989
46,741 | 31, 802
.54 |
.67
+19.3
-63.5
0.0
+4.8
-28. 9
-4.6
2,009,581
148,434
2,244,003 |j +11.7
119,650 || - 1 9 . 4
I
Turpentine (gum):
I
Net receipts, southern ports
barrels.
7,764
Stocks at ports, end of month
barrels.
72, 035
Price, southern, New York..dolls, per gal.
.60
Rosin (gum):
Net receipts, southern ports
barrels.
41,160
Stocks at 3 ports, end of month
barrels. 200, 262
Price, B, New York
dolls, per b b l .
9.54
Rosin (wood):
Production
barrels.
29, 200
Stocks, end of month
barrels.
85,413
Turpentine (wood):
Production
barrels.
5,771
Stocks, end of month
barrels.
10,631
Pine oil:
Production
gallons.
198, 646
Stocks, end of month
gallons.
605, 771
Rooling
Roofing, felt:
Production, dry felt
tons.
Stocks, end of month, dry felt
tons.
Prepared roofing:
Shipments
thous. of roof squares.
3
Revised.
-6,0
-25.7
j
(Black powder, permissible, and other high ex- j
plosives)
|
Production
thous. of lbs..I
Shipments
thous. of lbs__|
New orders
thous. of l b s . J
Stocks, end of month
thous. of lbs..j
Naval Stores
12, 552
756
21, 743
3,088
1, 587
I
30, 549
159, 053
8.94
25, 544 j 67, 762
123,074
140,805
8.89 !
8.54
32, 792
90,429
35,148
98,101
5, 645
10,477
6,647
10,802
237, 953
641,354
259,079
693, 522
19, 098
3,558
1, 320
25, 492
2, 775
3
118,460 j 97,028
128, 789 | 107, 562
8.15 !
9.70
j
34, 831
34,
598
36,036 I
108, 394
58, 652
114,160 I
6,052
6,350 ! 7,035
I 10, 963
7,473
9,459 j
! 240,845 i 248,606 j 239,027
I 727,416 ;
768,195 ! 355, 790
27,534 ! 27,521
2, 844
2, 366
3, 248 | s 3, 016
3,008 i
243, 880
392, 864
27, 638
3,089
27,019
2,806
3,183
3,020
+3.
+ 1.9 :j 1,176,899 1,185,129 : + . 7
+5 6 ! +9
1-95.5 il
I
-....:
-.1
-16.8
+ 1 . 9 i!
- 1 5 . 7 i!
118,801 I
!
-.4
12,190
121,388 j + 2 . 1
!
12,179 i
-.1
39
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
March
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
1928
April
April
May
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
CUMULATIVE TOTAL || inFROM JANUARY 1 I crease
THROUGH MAY 31
i (+)
I or decrease
(-)
cumulative
1927
1928
-76.6
-23.3
36, 921
284, 977
86, 473
288,061 |
79,967 j|
-43.2
125, 558
114,099 ||
+1.1
-7.5
-9.1
64, 478
+29.7
| 1928
from
1927
CHEMICALS AND OILS—Continued
Fats and Oils
Total vegetable oils and copra:
Exports
Imports
Copra, imports
Copra or coconut oil:
Imports
Consumption in
oleomargarine
Oleomargarine:
Production
Consumption
Animal glues, shipments
thous. of lbs_
thous. of lbs_
short tons.
9,405
59, 870
26, 872
8,939
49, 811
5,178
9,406
56,179
15, 200
4,618
65,152
11, 334
1,996
57, 049
21, 383
6,050
72, 305
19,107
8, 519 - 5 6 . 8
74, 369 - 1 2 . 4
20,418 +88.7
-34.8
+4.7
36,986 II +0.2
thous. of lbs.
32, 751
22, 271
20, 889
23,112
15, 076
35,149
26, 538
thous. of lbs.
13,191
14, 009
13, 381
12, 284
11,613
10, 279
8,734
thous. of lbs.
thous. of lbs.
thous. of lbs.
26, 205
27, 729
6,814
27, 624
26, 327
6,672
27, 288
27,427
6, 524
24, 291
22, 800
6, 587
23, 744
23, 381
23, 569
23, 267
6,175
20,917
20, 799
5, 840
+2.5
339, 212
570,408
763, 353
177, 229
450, 627
489, 955
95, 296
323, 307
261, 944
15, 947
164, 872
113,019
5, 660
66, 040
52, 437
103, 239
352, 994
311,931
56,611
196, 510
171,852
-64.5
-60. 9
-53.6
- 9 0 . 0 ij 1,574,035
- 6 6 . 4 ' 2,701,
-69.5
181, 022
168, 519
144, 658
159, 302
108, 387
124, 730
56, 945
83, 371
24, 437
47, 409
106, 887
123,141
62,182
73, 029
-57.1
-43.1
-60.7
-35.1
143, 378
538, 257
.101
2,162
138, 231
566, 832
.093
2,114
124, 848
541, 640
.096
2,214
84,159
516, 232
:099
2,015
61, 935
480,431
.106
2,135
111,408
531, 376
.091
2,173
91, 455
507, 762
.091
1,974
-26. 4
-6.9
259, 275
177,118
53, 249
202, 264
170, 827
27, 671
150, 984
111,819
12, 514
82, 273
84, 870
8,230
31, 376
59, 745
4,906
164, 748
180, 741
8,636
153,853
21, 527
-61.9
-29.6
-40.4
-32.3
-5.4
+16.5
+8.2
-63.0
-61.2
-77.2
925
576
3,212
1,181
660
457
2,668
1,264
595
612
2,087
1, 671
474
584
1,627
1,718
650
675
856
2,156
374
330
1,860
2,360
491
338
1,381
2,376
+37.1
+15.6
-47.4
+25. 5
+32.4
+99.7
-38.0
-9.3
10, 397
7, 990
-23.2
13,023
12, 917
.098
15, 722
.099
15,079
.098
17.245
.103
10, 826
.106
10, 951 +14.4
.115 | +5.1
+57.5
-10.4
50, 364
73, 986
+46.9
27, 056
44, 367
28, 540
53, 532
29, 547
53, 686
21, 607
38, 582
16, 621
45, 331
11,178
64, 896
7,801 ! —23.1
41,403 | +17.5
+113. 1
+9.5
70, 881
286, 590
123, 371
235, 498
+74.1
-17.8
82,368
152, 560
74, 260
152,760
69, 939
143, 919
63, 625
129, 552
50, 381
112, 054
40. 455
83,121
30,002 ! -10. 8
64,600 - 1 3 . 5
23, 542
14, 284
22, 488
12, 771
26, 263
14, 883
17,949
14, 2G9
• 512,252 ^
24,481 !i
26,426 II
14, 420
17, 636
' 552, 384
19,258 +36.4
17,556 +85. 2
+27.1
+50.5
95, 830
71, 526
114, 723
82, 633
+19.7
+15. 5
5,956
11, 560
2,276
6,526
2,740
7,290
2,723
7, 660
15,201
18, 647
18, 372
21,828
18, 655
23, 794
8, 361
11,103
-2.3
+33.0
49, 699
+13. 5
+ 12.4
115, 063
113,515
2 26,176
129,152 I +12.2
127,644 j +12.5
2
26, 597
+1. 6
Cottonseed
Cottonseed:
Receipts at mills
short tons.
Consumption (crush)
short tons_
Stocks at mills, end of month..short tons.
Cottonseed oil, crude:
Production
thous. of lbs.
Stocks, end of month
thous. of lbs.
Cottonseed oil, refined:
Production
thous. of lbs.
Stocks, end of month
thous. of lbs_
Price, yellow, prime, N. Y...dolls, per lb.
Consumption in oleomarg
thous. of lbs.
Cottonseed cake and meal:
Production
short tons.
Stocks, end of month
short tons.
Exports
short tons.
+7.1
+6.0
1, 575, 254
-59.8
-41.7
515,449
-36.9
633,344
817,420 |
877
552,551
10, 653
10,640
-.1
1, 215, 544
726,172
-40.3
"l96,"897T""I66,"576";|"-45."9
Flaxseed
Minneapolis and Duluth:
Receipts
thous. of bushs..
Shipments
thous. of bushs..
Stocks, end of month
thous, of bushs..
Imports
thous. of bushs..
Linseed oil:
Shipments from Minneapolis.thous. of lbs..
Price, New York
dolls, perlb.
Linseed cake and meal:
Shipments from Minneapolis.thous. of lbs..
Exports
thous. of lbs..
3,304
2,904
2,741
2,024
+20.5
+43.5
FOODSTUFFS
Wheat
Visible supply, end of month:
United States
thous. of bushs.
Canada
thous. of bushs.
Production, crop estimate:
Winter wheat
thous. of bushs.
Receipts, principal markets..-thous. of bushs .
Shipments, principal markets.thous. of bushs.
Exports:
United StatesWheat only
thous. of bushs.
Including wheat flour.thous.of bushs .
CanadaWheat only
thous. of bushs.
Including wheat flour.thous.of bushs .
Prices:
No. 2, red winter, Chicago.dolls.per bush,
No. 1, northern spring,
cash, Minneapolis
dolls. per bush.
Wheat Floor
C u m u l a t i v e through Apr. 30.
11, 363
15, 935
8,960
13, 903
+77.1
+12.6
-46.2
-38.0
38, 374
60, 288
18, 518
41, 670
-51.7
20,182
22, 050
28, 698 +262. 2
32,316 +208. 6
+5. 5
+6.0
89,268
106, 234
90, 871
109, 640
+1.8
+3.2
206, 678
27, 522
+6.7
+13.0
+5.1
+5.9
+12.0
+9.4
1.43
1.54
1.62
1.81
1.90
1.34
1.293
1.263
1.315
1.417
1,502
1.341
41,140
6, 737
44, 748
7,481
3 38, 986
6,058
39, 401
38, 028
5,281
8,872
10,107
1,464
727, 287
56
9,340
9, 659
10, 738
1,617
790, 088
54
10,499
3 8, 400
9,661
1,314
3 686, 720
51
8,064
8,493
6,970
6,200
947
1,011
1,142
Grinding of wheat:
United States
thous. of bushs.. 3 42, 403
Canada
thous. of bushs..
7,246
Production:
9,132
United States, actual
thous. of bbls._
United States, prorated
thous. of bbls__ 10, 502
Canada
.
thous. of bbls._ ! 1,579
Production, grain offal
thous. of lbs.. 744, 527
Capacity operated,flourmills
per cent..
55
Consumption (computed)
thous. of bbls_.
8,207
Stocks, all positions, end of
month (computed)
thous. of bbls._
7,150
Exports:
1.245
United States
thous. of bbls..
Canada
thous. of bbls._
' 766
Wholesale prices:
Standard patents, Minn dolls, perbbl--.
7.45
Winter, straights,
Kansas City
dolls, perbbl
6.70
2
4,823
8,624
30,282
34,268 |
768
7.37
7.54
+5.0
+6.0
+31.9
+4.0
38, 924
6,658
+1.1
+1.2
8,309 i
9,067
1,154
659,198 !
49
8,551
8,497
9, 532
1, 455
672, 824
52
8,733
+1.1
6,700
6,600 I
6, 300
1,097
1,016
1, 099
804
+45.5
-23.1
+10.2
7.83
+4.7
+8.4
697, 012
50
886 ;
609
8.11
8.49 I
415 !
7.25
6.88
6.66
Revised.
+67.9 i
+73.5 I
7. 56
4
6.58 I
As of June 1.
6.96
+1.4
-2.0
-23.0
193, 710
2 24, 358
2
42, 389
2 38, 735
2 5, 336
+15.6 I 3,332,879
^- 3
9 .8
Q
44, 556
41,008
2
5, 974
, 645, 634
4,865
3,760
5,145
4,171
+.5
+9.6 |!
+• 9
5
Final estimate for 1927.
2
-30.9
+5.8
+10. 9
40
TREND OF BUSINESS MOVEMENTS—Continued
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January
February-
March
PER CENT INCREASE ( + ) OR
DECREASE ( - )
1937
1938
April
May
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
-64.6
-23.6
-30.9
-12.6
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
( }
t
or decrease
(-)
1927
1923
cumulative
1928
from
1927
FOODSTUFFS—Continued
Corn
Exports, including meal
thous. of bushs.
Visible supply, end of month, .thous. of bushs.
Receipts, principal markets..-thous. of bushs.
Shipments, prin. markets
thous. of bushs.
Grindings (starch, glucose)
thous. of bushs.
Price No. 2 Chicago
dolls, per bush.
1,661
30,078
36,001
19,551
8,330
4,097
43,582
44,126
22,705
8,339
.95
3,697
46,734
41,039
24,402
9,243
.99
3,355
36,056
19,579
18,849
8,285
1.03
1,186
27,554
21,541
22,188
6,921
1.07
1,548
39,130
10,451
12,326
6,846
.74
1,717
31,528
12,599
10,142
6,365
.87
+10.0 +71.0
+17.7 +118.8
-16.5 +8.7
+3.9 +23.0
94,665
51,717
33,675
10,495
21,519
623
.56
1,040
11,667
20,634
336
.58
822
13,975
16,265
453
.61
944
12,436
11,453
387
.65
846
13,359
7,319
465
9,127
30,298
853
.48
632
11,888
22,350
3,216
.51
-36.1
+20.2
+6.2
+7.4 +12.4
-67.3
-85.5
+35.3
55,717
12,461
9,360
10,982
10,208
6,661
8,148
6,401
2,359
1,901
4,457
2,206
1,004
5,052
2,738
915
2,717
2,339
876
3,031
1,435
1,386
2,210
1,619
1,364
2,167
947
1,591
.99
1.01
1.04
.83
.90
9,485
13,996
+47.6
162,286 +71.4
107, 695 +108.2
41,118 +22.1
Oats
Receipts, principal markets...thous. of bushs..
Visible supply, end of month.-thous. of bushs._
Exports, including meal
thous. of bushs..
Price, contract grades, C h i . . . dolls, per bush..
Grindings, Canada
thous. of bushs..
Production, oatmeal and rolled
oats, Canada
thous. of lbs..
Barley
Receipts, principal markets. --thous. of bushs..
Visible supply, end of mo
thous. of bushs..
Exports
_-.
.thous. of bushs..
Price, fair to good, malting,
Chicago
dolls, per bush..
Rye
Production, crop estimate
thous. of bushs.
Receipts, principal markets. -thous. of bushs.
Visible supply, end of mo
thous. of bushs.
Exports, including
flour
thous. of bushs..
Price, No. 2, Chicago
dolls, per bush-
+11.6
-38.6
+58.2
+39.9
+41.0
-12.9
4,884
61,932
+11.2
2,264
-53.6
~~2."850'
"~3,~652"
+28." 1
31,865
43,011
+35.0
11,641
21,658
+86.0
7,826
6,082
-22.3
+3.0 +15.6
« 58, 572
3,272 +34.3
2,213 -66.4
5,861 +914.0
1.13
+3.9
1,477
3,656
519
1.09
1,333
4,078
458
1.12
1,982
4,959
313
1.20
1,186
5,051
366
1.27
«36,676
1,593
1,696
3,345
1.32
1,449
6,249
4,500
1.03
12,264
12, 431
12,659
12,644
15,006
24,200
26,288
+18.7
-42.9
620,032
351,607
371,901
396,006
-43.3
-11.2
+8.8 +29.9
- . 9 +69.8
-25.7
+3.9
- 3 . 1 +48.4
- 2 0 . 3 -40.4
-51.3
-23.4
-42.9
+16.9
9,643
7,570
-21.5
12,542
5,001
-60.1
95,026
65,004
-31.6
2,855,368
3,572,131
4,002,076
875,480
4,730,617
962,106
+25.1
+18.2
+9.9
1,930,125
333,589
1,853,921
211,380
-3.9
-36.6
273,081
91,631
11,976
593,080
302,276
17,912
105,311
14,453
45,229
272,832
-33.9
+14.9
+20.7
-23.4
-9.7
8,760
3,135
1,020
5,549
8,235
3,056
1,138
5,114
-6.0
-2.5
+11.6
-7.8
2,153,019
2,202,853
9,209
1,921,020
1,968,683
5,269
-10.8
-10. f
-42. 8
18, 069
6,527
451
11, 516
22, 418
8,100
361
14,289
+24.1
+24.1
-20.0
+24.1
3,372, 310 4,101,144
2, 584, 038 3, 083, 366
419, 512
496, 371
+21.6
+19.3
+18.3
Total Grains
Total grain exports, incl. flour.thous. of bushs.
Bice
853, 581 804,645 942,266
Southern paddy, receipts at mills
bbls.
Shipments:
1,118,120
Total from mills
pockets (100 lbs.)-. 158,323 961,109 905,678
224,932 170,442
New Orleans
pockets (100 lbs.) _ 2,106,310
2,038,415 2,137,656
Stocks, end of month
pockets (100 lbs.).
469,435 322,071 288,771
Exports
pockets (100lbs.).
52,744
39,279
58,820
Imports
pockets (100lbs.).
Other Crops
Apples:
Cold-storage holdings,
end of month..
thous. of bbls.
5,307
2,454
3,699
5,305
3,569
Car-lot shipments
carloads.
4,913
23,582
Potatoes, car lot shipments
carloads.
19,665
22,258
1,743
3,114
2,470
Onions, car-lot shipments
carloads.
10,194
9,057
8,735
Citrus fruit, car-lot shipments
carloads.
57,567
Hay, all tame, receipts.._
short tons.
63,009
62,673
835,992 909, 718 569,194 700,427
205,148 203,261
130,146
119,681
,957,878 1,455,366 1,696,891 1,400,980
392,919 380, 725 256,598
27,452
34,447
46,034
46,034
«1,378
2,322
16,851
2,993
8,893
46,628
599
1,803
22,955
4,133
8,350
42,955
1,598
3,630
19,497
2,968
12,911
52,716
a 534
2,465
16,407
2,455
10,643
50,563
1,684
640
254
1,013
1,799
1,120
1,674
602
204
1,066
1,956
732
235
1,201
378,251 361, 718
384,815 3 375, 381
1,052
1,143
422,916
435,081
1,165
421, 666
436,178
2,043
449,382
463, 240
1,418
-56.5
-22.4
+36.2
+38.1
-6.1
-7.9
+12.2
-26.8
+39.9
+68.3
-21.5
-15.0
Cattle and Beef
Cattle movements, primary markets:
Receipts
_
thousands..
Shipments, total
thousands..
Shipments, stocker and feeder..thousands.
Local slaughter
thousands _
Beef products:
Production, inspected
-thous. of lbs..
Apparent consumption
..thous. of lbs..
Exports
thous. of lbs..
Cold-storage holdings,
end mo
thous. of lbs.
Prices:
Cattle, corn-fed, Chicago.dolls. per 100 lbs.
Steer rounds No. 2
dolls, per l b .
Western dressed steers, N. Y.dolls. per l b .
+6.8 -8.0
+6.6 -6.8
+11.4 +20.4
+10.6 -6.7
+16.9 -5.9
+15.9 -6.1
+10.7 -17.8
-18.7 -25.5
-1.2 +15.2
+.5 +9.2
+3.2 +21.8
1,771
660
234
1,080
1,516
552
194
961
387, 750
393,945
974
370, 385
379, 461
935
71, 651
63,749
57, 256
3 46,194
37, 547
62,928
50,413
15.80
.220
.230
14.78
.200
.230
13.72
.205
.221
13.34
.200
13.18
.201
.229
12.28
.176
.187
11.44
.184
.188
3,142
1,101
84
2,050
3,613
1,216
72
2,380
603, 019
473,266
91,842
681,902
560, 558
91,878
770, 212
899,826
787,850
-2.8
-4.6
+22.5
+16.4
126,609
67, 345
142, 527
64, 418
-1.8
-13.8
99, 611
111,976
10.51
.268
.128
9.45
.259
.129
1,465
522
173
940
Hogs and Pork
Hog movements, primary markets:
Receipts
_
thousands..
4,639
3,483
5,306
5,267
3,723
Shipments, total
thousands.
1,849
1,810
1,760
1,385
1,296
Shipments, stocker and feeder..thousands..
78
77
75
65
66
Local slaughter.
thousands..
2,892
3,457
2,077
2,420
3,443
Pork products, total:
Production, inspected
thous. of lbs.. 935, 467 1, 017, 548 890, 408 585, 081 672, 640
Apparent consumption
thous. of lbs.. 675, 668 641, 246 618, 459 3 528, 236 619,757
Exports
_
..thous. of lbs..
98,794 109, 280 116,937
86,159
85, 201
Cold-storage holdings, end of month:
Total
thous. of lbs.
739, 645 1,006,998 1,162, 243 31,133,760 1,102, 306
Fresh and cured
..thous. of lbs.. 655, 638 885,916 997, 737 i 960, 672 916, 727
Lard (included in pork products):
Production
.thous. of lbs.
190, 557 217, 354 155, 052 127, 075
Exports.
thous. of lbs.
56,554
70, 660
79,929
55,540
79,872
Cold-storage holdings,
end mo
_
thous. of lbs.
84,007 j 121,082 164, 506 < 173, 088 185, 579
Prices:
I
9.09
Hogs, heavy, Chicago. _.dolls, per 100 lbs.
8.32 !
9.61
8.03
7.83
.201
Hams, smoked, Chicago.
dolls, p e r l b .
.212 !
.210
.207
.206
.121
.124 !
Lard, prime contract, N. Y...dolls, per lb_
.118
.123
.116
3
a Cumulative through Apr. 30
Revised.
* As of
June 1.
+6.9
-6.4
+2.8
+6.6
-8.3
+1.7
+1.5
+16.5
+15.0 - 1 . 4
+17.3 +10.6
-1.1 - 7 . 3
2 541,183
294, 529
+7.2 +65.7
+5.7 +1.7
+2.5 -20. 5
+1.7 - 4 . 7
Final estimate for 1927.
342, 555
+27.5
+16.3
41
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives
shown are
through
May, except where otherwise
noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey**
January
February
March
PER CENT INCREASE (+) OR
DECREASE (—)
1937
1928
April
May
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
CUMULATIVE
TOTAL
FROM JANUARY 1
THROUGH MAY 31
1927
1928
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927;^
FOODSTUFFS—C ontinued
Sheep and Lambs
Sheep movement, primary market:
Receipts..
..thousands..
Shipments, total.
thousands _ _
Shipments, stocker and feeder..thousands..
Local slaughter
_
thousands..
Lamb and mutton:
Production, inspected
thous. of lbs._
Apparent consumption
thous. of lbs..
Cold-storage holdings,
end mo
thous. of l b s . .
Prices:
Sheep, ewes, Chicago
dolls, per 100 l b s . .
Sheep, lambs, Chicago...dolls, per 100 lbs..
+22.7 -3.0
+27.8 -6.6
+53.0 -20.8
+16.8
0.0
1,705
705
116
994
1,669
729
101
945
1,520
705
95
814
1,591
778
134
814
1,952
994
205
951
1,486
690
118
800
2,013
1,064
259
951
47, 081
47,055
44,057
44,428
42,129
43, 052
36, 248
* 38,039
38, 455
40,177
37, 545
38,641
37, 731
38,452
+6.1
+5.6
4,404
4,020
3,262
3 1, 828
1,235
1,862
1,210
-32.4
6.05
12.65
8.16
15.13
8.41
15.38
8.90
15.98
7.31
15.19
7.78
15.81
5.90
14.85
-17.9
-4.9
+1.9
+4.5
+2.1
+23.9
+2.3
64, 219
71, 707
74,949
65,636
58, 521
60,978
-6.8
+7.6
+1.7
3,961
860
4,344
8,437
3,911
651
4,518
201, 491
205, 065
207,971
212, 751
+4.0
+3.2
+3.7
+8.8
-1.3
-24.3
Miscellaneous Meats
Cold-storage holdings, end mo
thous. of lbs..
3 70,438
Total Meats
Production, inspected
Cold-storage holdings, end mo
Apparent consumption
Poultry
thous. of l b s . . 1,370, 298 1,431,989 1,310, 789 983,046 1,134,010 1,062, 230 1,169,015
1,206, 724 993,134 1,012,427
thous. of lbs. _ 879,919 1,146,474 1,297, 700 31,252,200
1,116,668 1,065,135 1,046,326 3 941,656 1,095, 016 948,077 1,062,251
thous. of lbs.
+15.4
-3.0
-3.6 +19.2
+16.3 +3.1
5, 726,831
6,230,132
4,991, 948
5,264,801
29,347
118,154
20,857
103,494
18,135
83,169
16,006
3 56,832
17,862
43,915
13,956
77,282
20,157
61, 525
+11.6
-22.7
-11.4
-28.6
96, 543
102,207
+5.9
of l b s . .
of lbs_.
14,300
53,921
18,860
44, 877
28,316
34, 528
24,387
3 26,473
27,650
26,358
20,556
24,731
25,171
29, 782
+13.4
-.4
+9.8
111, 826
113, 513
-11.5
+1.5
cases..
cases..
254,394
168,946
316,392
79,760
314, 241
103,127
116,155
37,231
206,647
53,450
288,120
64, 590
+13.1 -34.8
21, 546,965 21,001,184
421,181
417,247
-39.2
42,117
Production (factory).
thous. of l b s . .
Receipts, 5 markets
_
thous. of lbs. ,
Cold-storage holdings, creamery,
end of month
.thous. of l b s . .
Apparent consumption
thous. of l b s . .
Wholesale price, New York
dolls, per l b . .
103, 861
42, 271
96,768
41,140
107,896
45,748
117,757
44,721
156,020
54,427
124,099
48, 279
165, 790
63,710
+32.5 - 5 . 9
+21.7 - 1 4 . 6
582,248
233,279
582,302
228,307
0.0
-2.1
28,273
159,687
.49
14,404
143,844
5,716
156, 505
.49
5,109
163,257
.45
16,020
205,973
.45
3,436
165,822
.50
25,404 +213.6
149, 660 +26.2
.43
0.0
-36.9
+37.6
+4.7
751,661
829,266
+10.3
40,305
16,254
38,807
49,030
6,280
303
4,860
38,126
16,923
38,212
45,616
6,923
327
1,117
51, 262 +39.2
+7.4
21,301
42,420
+6.1
50,864 +17.3
7,072
+.8
297 +62.0
2,619 +627. 5
-21.4
-23.7
-8.5
-3.6
-11.2
175,175
80,718
196,378
148,164
74,172
190,893
-15.4
-8.1
-2.8
+2.0
+85.6
32,215
1,696
13, 540
28,918
1,221
10,011
-10.2
-28.0
-26.1
32,487
.24
35,826
.24
+21.8
0.0
+2.7
0.0
+6.1
+80.8
+32.4
9,395
9,079
-3.4
-8.9
-4.7
14,924
17,150
+14.9
30,476
37,860
+24.2
-14.6
811,387
791,653
-2.4
9,136 +27.8 +70.1
387
- 9 . 9 I -29.5
+9.2 I +15.3
5,716
3 Revised.
1,416
24,190
1,406
28,349
-.7
+17.2
Receipts at 5 markets. _.
thous. of lbs_.
Cold-storage holdings, end of mo.thous of l b s . . .
Fish
Total catch, prin. fishing ports...thous.
Cold-storage holdings, 15th of mo-thous
Canned salmon:
Shipments, United States
Exports, Canada
+.9
Butter
Cheese
Total, all varieties:
Production (factory)
...thous. of lbs.
Receipts, 5 markets
thous. of l b s . .
Apparent consumption
thous. of l b s . .
Cold-storage holdings, end mo.thous. of l b s . .
Imports
thous. of l b s . .
Exports, United States
thous. of l b s . .
Exports, Canada
thous. of l b s . .
American whole milk:
Cold-storage holdings, end mo.thous. of l b s . .
Wholesale price, New York..dolls, per l b . .
24,033
14,409
37,408
55,862
5,347
257
1,324
24,456
13, 716
36,618
48, 784
5,308
208
1,148
30, 410
14,655
41,490
43,303
5,759
266
2,011
15,138
36, 570
3 41, 791
6,229
187
41,793
.29
36, 710
.24
31,887
.25
s 30,207
.24
Eggs
Receipts, 5 markets
thous. of cases..
Cold-storage holdings, end of month:
Case
thous. of cases..
Frozen
thous. of lbs_.
1,320
2,034
3 2,360
2,503
2,729
2,523
26
38, 575
66
31,362
1,087
34,411
3 4,515
3 51,532
8,162
68,223
5,501
52,053
8,962
71,605
15,844
8,299
18,496
3 11, 757
22,396
16, 241
14, 608
9,721
26,709
15,392
10,868
4,707
5.84
13,169
6,453
2,700
5.83
18,079
7,937
3,279
5.83
8,317
3,689
2,761
5.84
21,706
5,220
3,642
5.93
75, 949
56, 201
8,742
4.23
3 94,338
72,121
6,421
4.23
119,068
95,243
7,806
4.28
58,455
8,531
7,054
4.58
106,636
48,947
7,305
4.63
+26.2 +11.7
+32.1 +94.6
+21.6 +6.9
+1.2 -7.6
181,476
170,884
205,123
182,413
239,980
+20.0
9,113
266
6,062
30.
312,156
303
6,037
15,536
273
6,590
336
6,012
Milk
Condensed milk:
Total stocks, mfrs., end mo.—
Case goods
thous. of lbs._
17,924
20,618
Bulk goods
_
thous. of l b s . .
8,457
7,635
Unsold stocks, mfrs., end mo.—
Case goods
thous. of lbs..
15,151
12,534
Bulk goods
thous
__
5,216
5,230
Exports
thous. of lbs..
3,819
2,645
Wholesale price, New York.dolls. per case..
6.00
5.98
Evaporated milk:
Manufacturers' stocks, end of mo.—
Total, case goods
thous. of l b s . . 118,444
93,528
Unsold, case goods
thous. of lbs. .
95,120
65,497
Exports
_thous. of lbs. _
7,360
7,531
Wholesale price, New York.dolls, per case..
4.58
4.46
Production, condensed and
evaporated milk
thous. of l b s . . 102,847 131,323
Powdered milk:
Manufacturers' stocks, end
mo...
thous. of lbs..
8,334
9,185
Exports
thous. of lbs..
236
328
Net new orders
thous. of l b s . .
4,880
4,781
2
Cumulative through Apr.
+21.1
+38.1
+37.3
+23.1
+21.4
0.0
-16.1
+5.5
-16.7
+52.0
-10.0
-1.7
42
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
February
January
March
April
May
April
11Per ct.
CUMULATIVE TOTAL h inFROM JANUARY ] |j crease
THROUGH MAY 31
PER CENT INCREASE (+) OR
DECREASE (—)
1927
1928
May
May,
1928,
from
April,
1928
Joftl
I crease
May,
1928,
from
May,
1927
1927
1928
2
2 69, 327 I
555,507 |
!
cumulative
1928
from
1927
FOODSTUFFS-Continued
Milk—Continued
Fluid milk:
ReceiptsBoston (includ. cream)..thous.
Greater New York
thous.
Production—
Minneapolis, St. Paul
thous.
Consumption in manufacture
of oleomargarine
thous.
of qts.
of qts_
17,490 j 15,964
109, 709
104,413
18,176
114,214
17, 697
109, 613
of lbs.
26,140
26,192
28, 780
27, 522
of Ibs.
7,190
8,117
7, 762
7,035
45, 026
219,926
307, 050
192, 968
130, 034
344, 459
310,612
333, 493
None.
None.
None.
40, 958
29, 542
3,184
47,631 |
20,283 i
70.414
31,621
117,558
7,455
17,976
108, 761
17, 725
114,529
26, 458
30,818 |
6,518
5,913
+7. 2 i +2. 6 j
+6.0
68, 640 |
541,665
2 104, 343
2 109, 767
32, 022
37, 559
+2.6
+5.2
+17.3
+9.4 11 673,807
-22.1 I 1,696,946
-20.0 2,161,642
+89.2 '
702, 689
1. 710, 020
1, 873, 836
+4.3
+.8
-13.3
f26.1
Sugar
Raw:
Imports—
From Hawaii, Porto Rico,, .long tons.
From foreign countries
long tonsMeltings, 8 ports
long tons.
Stocks at refineries, end month..long tons.
Receipts, domestic, New
Orleans
long tons _
Refined:
Shipments, 2 ports
long tons,
Stocks, 2 ports
long tons.
Exports, including maple
long tons.
Prices:
Wholesale, 96° centrif., N. Y_dolls, per lb.
Wholesale, granulated, N. Y_dolls, per lb.
Retail, granulated, N. Y
dolls, per lb.
Retail average, 51 cities..relative to 1913.
Cuban movement (raw):
Receipts at Cuban ports
long tons.
Exports
long tons Stocks, end of month
long tens-
er offee
Imports
thous. of bags.
Visible supply: f
World
thous. of bags.
United States
thous. of bags.
Receipts, total, Brazil f
thous. of bags.
Clearances:!
Total, Brazil, for world
thous. of bags.
Total, Brazil, for IT. S
thous. of bags.
Price, Rio No. 7, Brazil grades,_.dolls, per lb.
Tea
Imports
thous. of lbs.
Stocks, United King., end mo
thous. of lbs,
Price, Formosa, fine, New York..dolls, per lb,
8,842
.045
.057
.063
129
3
691
817
496
231
164, 551
448,326
409, 447
666, 061
!
9,865 •
.043
.056
.063
129
.045
.057
.063
129
158,
271,
378,
701,
387
492
231
624
None.
None.
60,571
42.092
8,645
.045
.058
. 064
129
4, 862
782
1, 224
3
1,024
1,085
4,792
833
1, 032
5,050
• 873
3
1, 332
1, 248
687
.148
507
.157
8,160
254, 957
.325
6,087
252, 704
.325
556
332
656
210
144,
348,
472,
370,
715
546
528
898
-3.7
-39.4
-7.6
+5.3
50
58,371
43, 208
11,889
85, 401
49, 441
15, 822
84, 961
44, 643
10, 524
+2.7 I - 3 . 2
+37.3 I +12.8
.045
.059
.065
129
.048
.058
. 063
133
.048
.060
.063
133
0.0 I - 8 . 3
+1.7
-1.7
+ 1.6
+3.2
+1.6
-1.5
935
5,152
892
s
1, 203
158,
417,
482,
379,
30
898,615 1,016.015 ! 586,747
237, 507
326,705 j 584,153 ! 447,097
287, 561
851,113 '1,202,871 1,325,601 1, 263, 287
238,129
212,161
177, 801
3
204,
425,
468,
458,
595,154
227,001
441, 653
336, 320
1, 449, 624 1, 357, 045
962
. -100.0 I
-3.6
-59.5
-35. 7
-4.7
942
511
.162
935
509
.154
4,755
195, 988
.325
5,251
175, 080
.345
4.732
157,172
.345
4 9 7 , 9 0 4 '•••
459, 022
54. 501
475, 980
8, 470, 466 ',511,408 |8,891,803 7, 880, 403
33,582 i
33,042
30, 602
31, 561
540, 874
, 538, 988
33, 420
+18. 4
+8.0
40, 740
893,152
2.180
6.299
-5.5
-31. 9
-73. 8
-8.6
7,577 ;
4,299
242,771 ; 223,464
.325
j
.325
i 3,194,213
1,853,907
+17.8
+19.0
+4.3
+9.5
+24.1 +39. 1
+25. 3 +27. 5
+1.9 +1.9
1, 306
649
.157
1,318 \ 3 1.052
7S9 :
'518
. 168 \
. 154
277,945 ij - 2 3 . 1
"427405" i f - 2 5 7 3
2,977,013 !
1,857,677 |
-6.8
+.2
4,335
5,031 ( +16.1
-0.2
-13.1
4,322
743
1,058
3
+4.6
-14.5
-6.9
361,251
"56," 942"
-10.3
4,261
806
933
5,143
775
1,158
-31.3
1-10. 6 +0.5 |i
-12.3 ! +24.7 i.
0.0 | -5.S i.
5, 324
5,949 I! +11.7
5,287
2,805
5,922 j +12.0
3,150 |! +12.3
29, 813
30,878 N +3.6
TOBACCO
Consumption (tax-paid withdrawals):
|
Large cigars
thousands,, 413, 532
Small cigarettes
thousands.. 18, 369, 087
Manufac. tobacco and snuff,.thous. of lbs_.| 33, 002
Exports:
Unmanufactured
thous. of lbs,.
42,958
Cigarettes
thousands.. 962, 574
Sales of loose-leaf, warehouses
thous. of lbs._| 135,470
Price, leaf, Kentucky
dolls, per 100 lbs._| 23. 227
|
T&ANSPOHTATION
j
Klver a n d Canal Cargo Traffic
j
453, 605
7, 531, 914
32,310
Panama Canal:
Total cargo traffic
thous. of long tons..)
2,372
In American vessels. _.thous. of long tons..I
1,019
In British vessels
thous. of long tons..I
698
Sault Ste. Marie canals thous. of short tons,,! None.
New York State canals. _ .thous. of short tons..| None.
Cape Cod Canal
short tons..
73,093
Suez Canal
thous. of metric tons..
2,647
Welland Canal
short tons..
None.
St. Lawrence Canal
short tons._
None.
Mississippi River Govt. barges
short tons.. 105, 521
Ohio River, Pittsburgh, Pa,, to
Wheeling W. Va
short tons., 517,488
Allegheny River
short tons..
81,585
Monongahela River
short tons.. 2,327,246 2,
i
Ocean Traffic
Clearances, vessels in foreign trade:
5,163
Total
thous. of net tons..
1, 865
American
thous. of net tons,,!
3, 298
Foreign
thous. of net tons,.!
41, 624
836,921
61,235
19.294
46,938
42, 007
864, 541 1,147,089
8. 325
587
12. 468
12. 735
2,660
1, 121
872
None,
None,
30, 575
2,439
None.
None.
125, 328
2,429
1,101
682
None.
None,
63,371
2,891
None.
None.
104,535
35, 209
468, 852
8, 076
6.490
2,474
1,154
716
9, 298
None.
105, 857
124
110,136
52, 469
56, 931
112, 960
997, 484
1,038,485
118,000
2,380
2,430
1,308
1,410
550
491
4,698
12, 573
285
169
60, 482
54,155
2,786
2,410
321, 670 1, 040, 748
241, 070 1, 094, 348
121, 673
99, 608
656, 435
680,548 : 772,624
954, 357
80, 245
344, 578
118,900
238,970
056, 247 2,103,877 .1,964,311 2, 215, 732
744, 400
696, 722
184, 015
195, 792
1, 829, 631 1, 806, 081
5,581
1,895
3,686
5,537
2, 090
3,447
Shipbuilding
j
Completed during month:
9.294
20, 787
12, 990
Total
gross tons..
2,888
15, 218
5,907
Steel seagoing
gross tons,.
Building or under contract, end of month:
Merchant vessels
thous. of gross tons..
214
207
t See table on p. 23 of the April, 1928, issue for earlier data.
9,880
1,488
39, 681
781, 118
154
11.643
5,035
1, 877
3, 158
2,498
1,162
726
5 996
2, 837
3,159
252
2
6,160
2,618
3,542
6, 248
2,632
3, 618
42, 752
33, 631
40, 030
31,661
+ 18.0
+ 0 . 1 I; 2,453,326 2,365,564
+ 4 . 1 138, 324, 009 |40, 774, 678
- 1 . 1 ! 165,206
162,538
-2.6
232,323
- 1 2 . 5 !; 3,482,268
-92.9
63,499
+84.8
+ 1.0 ] +5.0
+0.7 | - 1 1 . 2
+1.4 I +32.0
+4.0
f 82.1
+82. 4
5
-4. 2
-5.1
+18. 5
+23. 5
+44. 2
+12. 8
+37. 0
+76. 0
+22.7
+8.3
+35. 8
-8.4
-4.0
+7. 8
— 12.6
+4.
235
235
+2.8
Cumulative through Apr. 30.
213, 208
4, 592, 243
8,230
11,816
6,433
2,699
12,433 ;
5, 557
3,694
1, 049, 953
1, 095, 416
566, 344
4, 352, 947 3, 581, 452
663, 087
864,278 :
110,470,977 10,667,413
27, 464
10, 685
16, 759
2 110,391
2
77, 218
rl0.2
3
+31. 9
-87.0
+5.2
-13.6
+36.9
383,032 i +47.9
259, 041
1,362,418
1, 335, 416
500, 674
-3.6
+6.4
-1.6
Revised.
27, 312
10, 564
16,748
2
52, 951
2 25, 501
-22.9
-18.0
+13.1
-17.7
+30. 3
-4.2
-1.1
-.1
-52.0
-67.0
43
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 138 of the
February, 1928, "Survey"
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
PER CENT INCREASE (+) OR
DECREASE (—)
1927
1928
Per ct.
increase
(+)
or decrease
Februarv
March
April
cars.! 403,792
cars..' 182,001
cars.. 169,463
372, 916
155, 554
158,172
344, 502
125,627
171,481
320, 7fi2
134,069
140, 091
304,152
143, 264
108, 833
cars__!
4
cars..
3
cars. None.
i
cars.j3, 447, 723
cars I 187,197
cars. _| 127, 658
cars.. 752,752
cars.. 233, 368
cars.. 31,737
cars.. 927, 299
cars..j 1,187, 712
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
January
May,
1928,
from
April,
1928
May
April
May
(-)
May,
1928,
from
May,
1927
1927
1928
cumulative
1928
from
1927
TRANSPOBTATION-Continued
Freight Gars
Surplus (daily av. last week of month):
Total
Box
Coal
Shortage (daily av. last week of month):
Total
Box
Coal
Car loadings:
Total
Grain and grain products
Livestock
Coal and coke
Forest products
Ore
Merchandise and 1. c. 1
Miscellaneous
Railroad Operations
Operating revenue:
Freight
Passenger
Total operating
Operating expenses
Net operating income
Freight carried
337,
78,
457,
363,
56,
36,
382
483
426
384
634
271
3,875,589 134,108,472 11 +7.2
3 148, 524 ! 3 158, 954 ' +2.5
3
+ 1.6
110,340 i 3 115,383
3
663, 092 I 3 689, 313 + 8 0
3
273, 757 i 3 284, 106 i +4.8
3
101, 893 I 3 239, 532 ! 1-302. 4
'1.047,971 31,050,276 ! +0.5
+4.7
|'l,530,012 [31,570,908
-2.5
+2.6
—7.4
-to
-31.0
-0.4
+0.8
320,525,186 19, 533, 801
3
933,752
855, 401
3
613,052
602, 067
3
4, 276, 565
31, 443, 433
3
476, 622
5, 369, 480
2 7,501,618
-4.8
+9.2
+1.8
3, 640,152 -14.9
1, 375,147
312,246
5, 288,140 !
-1.5
7,371,312 i,
-1.7
~4' I
355, 965
70, 951
474, 310
363,381
70, 548
35, 866
60, 598
2,596
60,471
2,596
60, 373
2, 595
60, 284
2, 595
62, 238
2, 614
8, 563
14.3
96
194
33
8, 421
14. 1
139
228
8,915
14.5
187
223
346,
69,
456,
348,
70,
35,
1 , 490, 330 2 1,427,110
2
2
289, 451
314, 281
2
1 , 987, 696 2 1,893,514
2
2
1 . 530, 527 1 , 448, 568
2
2
288, 020
299, 046
2
2
155,421
147, 305
2
371,571 | 390,680 !
78, 532
J 498, 927 ! 518, 569
3
384, 958 ! 390,787
* 73,508 ! 85,664
3 37,111 | 40,113
024
551
593
498
064
701
387, 739
70, 466
505,185
373, 305
90, 774
39, 467
-4.2
-7.9
-4.7
-5,4
-3.7
-5.2
8,857
14.7
141
222
30
8, 287
13.7
140
59
43
11
70
44
15
148
23
117
20
204
146
40
2,306,816
210, 471
138, 870
6. 2
5, 876
178
123
37
83 I
30 !
I
188
129
41
1)
220 j
W , 86 >
n,"i9
b 7
-71.6
670 I - 1 4 . 3
1,170 i +10.3
132 |j - 6 6 . 3
77 ji - 2 3 . 7
15 ;j +66.7
-62.4
-62. 3
-33.3
481
318
67
263 !| - 5 3 . 3
176 I - 4 4 . 7
65
-2.0
187 I
251 lj - 2 5 . 9
40 i +20.0
-66.9
-25.0
334
255
42
15
434 !| +17.0
30 I
|
j
j
!
-63. 7
19, 748
17, 603
2, 145
3,332
3, 281
4, T)8
4, 324
5,003 l
22, 233
20, 648
1, 585
1 J, '2'>
17, "-)
17'
17, S47
°, 6~)
82
1 »J
74
72
23
18
+14.'
34 !| - 4 . S
io:; -68.7
,333,098 II
211,875 i|
5,570 !
5' 562 I
l
26,305 '
18,217
8,088
-.1
0.0
-1.4 •
-.8 :
6,202 ' +29. 3
6, 182 j +35. 4
23,666
— 7. 6
15, 122
-19.4
8,544 +111.9
+7.7
52
52
52
88 i
88 !
66 j| - 4 5 . 9
-50.0
147,449
6.5 |
0.0
4,378 ;i -58.6
I
444
414
+7.0
109 i! -10.9
135,458
5. 9
3,302 j
2, 3'4
— .8
-6.7
-4.1
-6.1
782
1,061
392
, 303, 688 32,301/) )2 , 300, H 3 '2, 332,184
210, 312 3 210, 2<4 210,2-P i 211,619
139, 698
6.2
4, 029
-3.0
9,030
14. 7 | - 1 . 4
+44. 8
148
213 I +17.5
184 ! +57.6
41
29 I
10 !
46
38
6
-.1
0.0
62,172
2,616
+3. 1
-46. 2
34, 371
-5.3
22, 453
22, 358
20,040 \ - 1 1 7
|l
15,026 , - ' i.l
14, 179 i
-Z\2
-6.3
+194. 2 ;
1,037
1-29. 3
342
308
306
242
-10.5
-21.4
367,427
56,418
363,054
52,298
-7.3
103, 401
103, 817
2
-54.9 , -55.8 ;
-47.1 i -65.4 j
Travel
National parks:
\
Visitors
nurn ber.. :
Automobiles entered
number..
Arrivals from abroad:
Immigrants
number..'
United States citizens
num ber. _ •
Departures abroad:
Emigrants
number..!
United States citizens
number..
Passports issued
number..!
P u l l m a n company operations:
!
Revenue
thous. of dolls. J
Passengers carried
thousands._ l
Hotel roorrfoccupancyi
per ct. of capacity..!
50, 591
6,679
57, 950
6,658
57, 732
3,194
71,079
3 12,426
18,146
19, 909
20, 888
31, 941
26, 270
34, 217
30, 709
32, 586
5, 323
27,126
8, 896
4,708
34, 810
8,971
4,931
29, 422
17,334
4,515
29,506
27,098
6,963
2, 886
72
6,393
2, 563
6,131
2,625
68
6,515
2,713
71
See table on p. 18 of the April, 1928, issue for earlier data.
!
3, 589, 694 4, 452,031 3, 738, 295 4, 006, 058
237, 266
163,113
187, 045
159,131
106. 860
130, 005 . 43,383
105,146
726, 259
869, 335
670, 821
620, 985
270, 914
343, 780
269,
769
257, 316
31,394
42, 859
165, 201
41, 055
974, 382 1,299,322 1, 040, 999 1, 046, 138
, 269, 695 1,816,086 1,513,663 1. 584, 156
i
Locomotive (Am. Ry. Assn.):
Owned, end of m o n t h Quantity
number. _ 60, 679
2, 597
Tractive power
mills, of lbs..
In bad order end of m o n t h Quantity
number..
8, 733
14.5
Per cent of total in use
per cent..!
Installed
number.. j
154
Retired
number..!
259
is ew orders
number. _ j
Shipments, manufacturers' (Census)—
I
47
Total
number..!
22
Steam, domestic
miniber_.j
23
Electric, domestic
number..j
Unfilled orders (railroads), end of mo.—
jl
151
From manufacturers
Dumber..
22
In railroad shops
number. _ j
Unfilled orders, manufacturers' {Census)— j
Total
number..!
Steam, domestic
number..I
161
38
Electric, domestic
number-.!
13
Exports, steam
number..!
Freight cars (Am. Ry. Assn.):
j
Owned, end of month—
j
Quantity
cars. _ j 2,309, 577
Capacity
mills, of lbs..! 210, 649
In bad order, end of month—
j
Quantity
cars.. I 136,115
Per cent of total in use
per cent__j
6.0
2,098
New orders
cars. _|
Shipments—
I
Total
cars..I
D omestic
cars
Unfilled orders (railroads) —
18, 464
Total
cars..
15, 459
From manufacturers
cars..
3,005
In railroad shops
cars..
Passenger cars:
615
New orders
cars..
Shipments—
78
Total
cars..
63
Domestic
. . . .cars. _
Passenger
10 |
None, j
None. !
19
8
1
I
|
rhous. of dolls..!
thoux. of dolls..
thous. of dolls..'
thous. of dolls..!
rhous. of dolls. J
n.ills. ton-miles..'
Railway Equipment
+13.6
+7.4
+39.3
256, 448
133,345 ! + 6 . 9
78,148 || - 2 2 . 3
259,736
137.432
90, 075
125,102
23,341
37,648 |
69
2
56, 543
8, 508
140, 716 I +74.5 i -n.i
+87.8 ; -18.0
28, 477
33, 034
29, 055
31,819 j
26,238
4,185 !
26,815 !
27,144 I
6,148 !
28,849 |
32, 863 '
6, 329 j
2,775 j
72 1
3
2
2
2
+38.9 : +14.6
6, 419
2,780
70
Cumulative through Apr. 30.
2 16, 306
105, 071
95, 997
2
2
-5.5 i
26, 053
11, 084
-1.4
£
Revised.
2
2
96, 013
118, 653
2 19, 477
120, 864
99, 947
2
2
26, 002
10, 787
-7.1
+14.3
+19.4
+15.0
+4.1
44
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
January-
February
March
PER CENT INCREASE (+) OR
DECREASE (—)
1927
April
May
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
or decrease
1927
1928
(-)
cumulative
1928
from
1927
PUBLIC UTILITIES
Telephone companies:
Operating revenue.thous. of dolls.
Operating income
thous. of dolls.
Telegraph companies:
Commercial telegraph tolls.thous. of dolls.
Operating revenue.thous. of dolls.
Operating income
thous. of dolls.
Gas and electric companies:
Gross earnings
thous. of dolls.
Net earnings
_
thous. of dolls.
Electric railways (212 companies):
Passengers carried
thous. of persons.
Average fare
cents.
Electric power production:
Total
mills, of kw. hours.
By water power
mills, of kw. hours.
By fuels
mills, of kw. hours.
In street railways,
manfg. plants, etc.f .mills, of kw. hours.
In central stations!
mills, of kw. hours.
Electric power production (Canada):*
Total
...mills, of kw. hours.
By water power
mills, of kw. hours
Exported
_
mills, of kw. hours
Electric power, gross re venue...thous. of dolls
66,026
16,783
64,567
15,648
68,120
17,335
67,337
17,386
65,163
16,650
65,748
16,130
9,956
12,467
1,137
9,785
12, 201
1,228
10,904
13, 573
2,009
10, 569
13,205
1,805
10,636
13,152
1,956
10,697
13,321
1,864
3196,573 3 187,426 3 187,990
8 79,013 3 74,221 » 72,935
184,000
69,000
176,467 3 171,256
64,908 8 61,195
2 41,214
2 51,446
2 6,179
-10.8
2 725,347
»270,976
3 755,989
2 295,169
+4.2
+8.9
-.6 4,024,651 3,973,974
-1.3
6,847
2,940
3,907
6,482
2,610
3,872
3 6,600
3 2,674
3 3,926
3 26,318
210,000
216,318
2 28,217
«11,114
217,104
428
6,419
447
6,035
3 471
3 6,129
2
2 1,800
24,518
2 1,973
>26,244
1,263
1,246
122
153,400
1,110
1,095
130
3 144,800
3 1,116
8 1,102
3 125
140,600
2 4,457
2 4,393
2 517
2 604,300
2 5,188
» 5,115
J
505
3 646, 550
487
226
97
87
76
117.3
97.5
87.4
480
206
94
87
74
115.2
96.9
85.9
14,214
268.1
106
92
80
65
14,010
259.3
102
89
78
820,733
8.034
771,816
8.034
7,265
2,739
4,526
3 6,871
2,585
8
4,287
3 7,234
»2,850
3 4,384
6,667
3
468
6,403
479
3 6, 755
1,333
1,315
136
157,350
a 41,203
* 51,071
2 6,927
802,172
7.871
769,974
'8.032
1,274
1,256
123
163,400
+3.7
+2.7
800, 722
7.852
814,172
»8.025
1,318
1,298
124
172,400
2 256, 616 22266,050
67,152
797, 279
8.050
+3.3
+.2
+2.3
EMPLOYMENT AND WAGES
Employment in factories:
New York State
thousands..
464
459
457
462
Detroit
thousands
253
224
246
233
New Jersey
„
_
rel. to 1923
90
91
90
91
Pennsylvania
rel. to 1923_.
82
80
80
82
Delaware..
rel. to 1923..
74
74
75
74
Wisconsin
._
rel. to 1915..
114.5
111.6
113.8
Illinois
rei. to 1922.
92.4
88.9
91.3
91.2
Massachusetts
_..rel. to 1914.
80.4
80.5
81.5
78.8
Total pay roll:
New York State (weekly). _thous. of dolls..
13,760
13,200
13,361
13,477
Wisconsin
__rel. to 1915.
277.8
231.6
258.2
New Jersey
rel. to 1923.
99
96
98
100
Pennsylvania
_._
-rel. to 1923.
85
80
79
85
Delaware
-rel. to 1923.
75
78
76
76
Ohio construction employment.._rel. to 1923..
71
54
77
17
Employment, trade-unions U. S
per c e n t 82.2
82.0
81.8
84.0
Anthracite mines:
Employment
_rel. to 1923-25..
112.3
120.2
107.7
113.6
Payroll..
rel. to 1923-25..
88.5
86.1
96.0
98.7
Federal civilian employees, Washington, D. C , end of month
number.. 60,743
61,049
61,311
60,999
Average weekly earnings, factories:
Illinois
l...
doHs.
27.49
28.48
28.28
28.93
29.22
29.64
New York State
dolls.
28.78
29.16
23.60
27.62
25.49
Wisconsin
dolls.
25. 80
232.1
235.6
3 230. 4
Massachusetts
rel. to 1914.
234.7
109
108
110
110
New Jersey
rel. to 1923.
98
104
104
Pennsylvania
rel. to 1923.
104
100
102
Delaware
rel. to 1923
Average weekly earnings (National Industrial
Conference Board):
27.24
27.59
27.35
27.19
Grand total (both sexes)
dollars
29.80
30.60
30.32
30.25
Total male
..dollars
31.22
32.11
31.70
31.82
Skilled male
dollars
24.66
25.05
25.25
24.47
Unskilled male
dollars
17.23
17.34
17.39
16.69
Total women
dollars.
Average weekly hours:
49.5
50.0
49.6
49.3
Nominal (both sexes)
hours.
48.2
47.9
47.4
48.0
Actual (both sexes)
hours
Wages, road labor, by districts:
51
53
52
50
New England
cents per hour..
48
48
47
46
Middle Atlantic
_.cents per hour..
23
24
22
23
South Atlantic
cents per hour..
28
25
26
26
East South Central
cents per hour..
28
26
28
27
West South Central
cents per hour..
41
41
41
East North Central
cents per hour..
37
39
36
West North Central
cents per hour..
42
43
46
41
Mountain
cents per hour..
52
54
53
50
Pacific
cents per hour..
38
38
40
37
United States, average
cents per hour..
50
50
50
50
Wage rates, U. S. Steel Corp.—cents per hour..
125.5
125.5
125.5
125.5
Wages, steel sheet workers
per cent of base..
Applicants per 100 jobs, employment agencies:
154
137
170
175
United States
number..
171
146
192
208
Eastern States...
...number.
166
147
203
189
Central States..
number
264
219
222
188
Southern States...
number..
65
75
87
Western States
number..
t In table on p. 22 of the June, 1928, issue for earlier data.
* See table on p. 22 of the April, 1928, issue for earlier data*
454
259
90
80
75
91.8
73.9
13,241
79
29.19
24.59
232.9
110
103
104
128
138
135
204
0.0
0.0
-5.3
-14.0
.3
-5.5
+2.1
+3.8
+5.3
-3.9
-6.7
+1.3
+3.6
~87."6
115.9
122.1
-5.4
+25.7
-4.3
-8.0
+1.4 +1.4
-1.1
+2.4
.7
-6.2
115.5
93.0
3 119. 0
3 120.1
59,772
59,879
29.07
29.17
25.81
234.9
110
105
104
28.60
29.18
25.52
234.7
109
102
104
27.39
30.03
31.50
24.60
17.39
27.52
30.20
31.69
24.68
17.36
50.4
48.1
49.6
48.3
49
47
25
25
34
38
38
43
52
39
50
128.5
49
46
27
24
26
37
38
45
50
38
50
125.5
119
122
140
111
62
+3.2
+41.8
+1.4
-3.5
0.0
+.7
-2.6
+1.7
0.0
-3.6
-.8
+1.1
+1.9
+4.0
+5.1
+.9
+1.0
-2.0
-8.7
0.0
-8.7
0.0
+21.7 +3.7
+3.8 +12.5
+7.4 +11.5
-7.3 +2.7
+2.8 -2.6
+6.5 +8.9
-3.8 +2.0
0.0 +5.3
0.0
0.0
118
+8.5
121
-5.5 +14.0
137
-8.2
—1.5
119
-6.8 +71.4
61
-4.3
+8.2
28 Cumulative through Apr. 30.
Revised.
+7.2
+11.1
+4.8
+9.6
+7.0
+16.4
+16.4
-2.3
+7.0
45
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives
shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, ''Survey*'
PER CENT INCREASE ( + ) OR
DECREASE (—)
1937
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
orde-
January
February
March
April
May
April
May
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
4-1.3
-14.1
-19.7
1937
1938
cumulative
1928
from
1927
EMPLOYMENT AND WAGES-Contd.
Factory Labor Turnover
(Percentage of number on pay roll)
Departures:
Total
per cent
Voluntary quits...per cent
Lay offs...
per cent
Discharges
per cent
Accessions.
_
per cent
(annual basis)..
(annual basis)..
(annual basis)..
(annual basis)..
(annual basis)..
27.8
15.9
8.3
3.6
33.4
3 28.2
14.7
7.9
4.7
32.0
31.8
19.5
8.1
4.2
36.5
3 37.9
3 25.4
3 7.5
5.0
3 41.3
38.4
25.6
7.9
4.9
43.8
48.3
32.4
9.7
6.2
47.5
3 44.7
3 31.9
3 7.6
»5.2
3 48.0
37,465
24, 240
13, 225
38,392
23, 842
14, 550
41, 787
23,986
17,801
40,100
24,159
15,941
40,074
24, 203
15,871
40,648
24,091
16, 557
33,742
19,994
13,748
31,901
2,431
17,114
1,591
8,658
436
2,369
221
3,760
183
692
91
800
62
2,624
154
35, 363
2,446
19,001
1,603
9,320
439
2,867
221
4,175
183
752
91
901
63
2,843
158
40,447
2,467
21,839
1,619
10,855
443
3,123
222
4,630
183
912
93
1,128
64
3,707
161
39, 765
2,476
21,937
1,624
10, 784
445
3,060
222
4,984
185
918
93
1,172
65
3,656
172
42, 234
2,488
22, 997
1,634
11,340
449
2,974
221
4,923
184
972
93
1,153
66
4,096
175
40, 782
2,281
22, 351
1,515
10, 788
388
3,314
205
4,329
171
1,000
82
1,188
52
3,364
115
3 37, 560
2,300
20,916
1,528
9,602
392
3 2,879
208
4,163
172
855
83
3 935
53
3,160
117
2,346
1,235
2,187
1,164
2,286
1,245
2,171
1,207
2,132
1,256
2,443
1,198
2,402
1,222
-1.8
+4.1
312
22
907
19
7,722
913
5,562
3,151
1,826
300
598
113
388
23
1,096
19
8,906
914
5,926
3,113
1,902
298
673
512
23
2,185
20
12,993
945
6,242
3,151
1,915
298
930
111
23
1,526
20
14,830
945
6,959
3,182
2,036
291
896
115
465
22
2,427
17
13,721
832
6,652
3,112
2,592
294
831
113
480
23
1,234
20
13,134
930
6,578
3,118
2,153
296
788
111
410
21
1,841
17
»11,632
885
6,774
3,105
2,493
290
733
-8.4
0.0
-30.2
0.0
+14.1
0.0
+11.5
+1.0
+6.3
-2.3
-3.7
+3.6
8.6
8.2
6.3
4.8
5.1
5.2
2,176
95,545
2,517
89,023
2,926
105,595
2,812
107,115
2,770
112,501
2,350
3113,444
144,289
153,363
173,929
45,856
46,133
30,579
3,438
30,547
3,482
34,280
3,670
30,758
3,348
31,589
3,276
31,750
3,338
10,468
78,220
10, 645
78,887
12,356
92,750
10,941
84,068
11,014
86,110
3,416
34,117
3,340
33,077
3,764
36,739
3,417
33,967
3,461
35,277
+.8
+5.3
-2.0
+6.1
+3.9
-5.8
-8.8
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales,,2 houses
thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co..thous. of dolls..
Ten-cent chain stores:
Total sales (4 chains)
thous. of dolls..
Total stores operated (4 chains) number..
F. W. Woolworth & Co..__thous. of dolls..
Stores operated
number..
S. S. Kresge Co
.thous. of dolls..
Stores operated
number _.
McCrory Stores Corp
thous. of dolls..
Stores operated
number..
S. H. Kress & Co..
thous. of dolls..
Stores operated
number..
Metropolitan
thous. of dolls..
Stores operated
number..
F. & W. Grand
thous. of dolls..
Stores operated
number..
W. T. Grant Co-thous. of dolls..
Stores operated
number..
Restaurant chains:
Childs Co., sales.
thous. of dolls..
J. R. Thompson Co., sales..thous. of dolls..
Other chain stores:
Isaac Silver & Bros.
thous. of dolls..
Stores operated
number..
Hartman Corporation
thous. of dolls..
Stores operated
number..
J. C. Penny Co
thous. of dolls..
Stores operated
number..
United Cigars Stores Co---thous. of dolls..
Stores operated—
....number..
A. Schulte (Inc.)thous. of dolls..
Stores operated
number..
G. C. Murphy Co
thous. of doils_.
Stores operated
number..
Installment sales in New England department
stores; ratio to total sales
per cent..
-. 1
+.2
-.4
+6.2
.5
+4.8
.6
+5.2
.9
-2.8
.5
-1.2
.5
+5.9
0.0
-1.6
+1.5
+12.0
+1.7
+18.8
+21.1
+15.4
185,924
110,385
75,539
197,818
120,430
77,388
+6.4
+9.1
+2.4
+12.4
+8.2
+9.9
+6.9
+18.1
+14.5
+3.3
+6.2
+18.3
+7.0
+13.7
+12.0
+23.3
+24.5
+29.6
+49.6
175,557
189, 710
+8.1
96, 364
102, 888
+6.8
"45," 838'
"~50,~ 957'
-11.2
+2.8
+14.4
+9.5
-17.1
+17.6
+27.5
+6.8
+2.7
+2.5
-18.3
+.3
+22.2
+17.3
14,106
14, 393
"197249
"22," 472"
4,004
+2.0
4,246
"+6."6
"l3,"766"
16, 926
+236
12,223
6,006
11,122
6,107
-9.0
+1.7
+16.5
"4,369
1,855
2,161
7,430
6,948
-6.5
"49,149
"57," 585'
+17~2
31,364
31, 267
"l2," 193"
~~9~ 832'
-19.4
"~3,"456"
~~3," 885'
+12.4
Advertising
Magazine advertising for the following
month.--.
_..thous. of lines..
Newspaper advertising
thous. of lines..
Air mail:*
Weight dispatched
pounds..
Postal Business
Postal receipts:
50 selected cities
thous. of dolls..
50 industrial cities—
_-thous. of dolls..
Money orders:
Domestic paid (50 cities)—
Quantity.—-number..
Value
thous. of dolls..
Domestic issued (50 cities)—
Quantity
number..
Value..
_
thous. of dolls..
2,571
105,928
-8.6
-1.1
+9.4
«14,312
522,527
«14,813
503,206
+3.5
-6.6
29,323
3,082
+2.7
-2.2
+7.7
+6.3
155,356
16,593
157,753
17,214
+1.5
+3.7
11,623
92,019
10,348
83,189
.7
+2.4
+6.4
+3.5
55,538
431,933
55,424
420,035
-.2
-2.8
3,378
34,857
3,240
33,931
+1.3
+3.9
+6.8
+4.0
16,729
171,423
17,398
173,177
+4.0
+1.0
1,165,611
4,618,735
833
5, 785,179
+4.2
+12.9
-3.7
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Policies, new (45 companies):
264,939
276,180
Ordinary
number of policies.. 183, 511 212,120
228,861
246, 519
233, 729
+20.7 +18.2 1,118, 686
Industrial..
number of policies.. 901, 786 846, 745 , 049,955 980, 796 839.453
851, 905
902, 343
-14.4
-7.0
4,091,219
175
Group
number of contracts..
125
159
172
202
176
197
+8.2 - 1 2 . 7
919
Total
number of policies and contracts.. L, 085, 422 1,059,040 , 315,096 I, 209,816 1,115,805 1,098, 600 1,136, 269
-7.8
-1.8
5,210,824
Policies and certificates issued:
Total policies and certificates
number,. 1, 111, 705 1,112, 665 1,350, 682 1, 246,362 1,164,472 1,729, 415 1,166,877
-.2
-6.6
6,020,923
35, 788
36,705
Group insurance certificates...certificates,.
53,800
48,839
30, 991
30,805
+33.1 +58.5
211,018
Amount of new insurance (45 companies):
651,037
790, 827
Ordinary..
...thous. of dolls.. 575,127
706,852
749,297
699, 846
749,923
+6.0
+7.1 3,393,124
Industrial
thous. of dolls.. 236,303 221, 948 273,551 259,962 216,396
241,662
227,279
-16.8 -10.5 1,103,151
46, 841
Group
thous. of dolls..
91, 505
57,986
62,007
205,195
46,960
45,683 +230.9 +349.2
336.264
Total insurance
thous. of dolls.. 858, 271 964,490 , 122, 364 1,028,821 1,170,888 1,024,162 987,191 +13.8 +18.6 4, 832, 539
* See table on p. 22 of the June, 1928, issue for earlier data.
« Revised.
1
Cumulative through Apr. 30.
• Cumulative through June 30.
-9.4
+11.0
5,985,886
201,540
-4.5
3,473,140
1,208,160
463.534
5,144, 834
+2.4
+9.5
+37.8
+6.5
46
TREND OF BUSINESS MOVEMENTS—Continued
}|Per ct.
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 13S of the
February, 1928, "Survey"
CUMULATIVE TOTAL !i inPER CENT INCREASE ( + ) OR j FROM JANUARY 1 {! crease
THROUGH MAY 31
DECREASE ( —)
1927
Ii or deli crease
January
February
March
April
May
168,961
157,836 i 165,718
April
May
May,
1928,
from
May,
1927
May,
1928,
from
April,
1928
j ciimu-
1927
1928
; lative
,. 1928
I: from
I; 1927
BANKING AND FINANCE—Continued
Life Insurance—Continued
Premium collections (45 companies):
Ordinary--!
thous. of dolls. _ 148, 947
54, 564
Industrial
thous. of dolls._
7,618
Group
thous. of dolls..
211,129
Total
thous. of dolls._
Admitted life insurance assets (41 companies):
11, 704
Grand total
mills, of dolls..
Mortgage l o a n s 5,103
Total
mills, of dolls..
1, G15
Farm
"_mills. of dolls..
3,488
All other
mills, of dolls..
Bonds and stocks (book value):
4,417
Total
mills, of dolls._.
938
Government
mills, of dolls__
2.311
Railroad
mills, of dolls..
1,004
Public-utility
mills, of dolls..
1G4
All other
mills, of dolls..
Policy loans and premium notes:
1,383
mills, of dolls..
154, 292
48,193
17, 623
220,108
11, 796
149,993 ! 145,256 l\ + 5 . 0 j + 1 4 . 1
45,650 I 45,750 jl + 2 . 9 j + 1 4 . .
5,427 ! 4,943 I
0.0 ! +20.0
51, 013
50, 691 I 52,184
6,465 i
5,928 |
5,930
226,439 I 214,455 j 223,832
11,893 |- 12,001 j
725, 781
226,140
28,012
979, 933
795,754
256,645
43,564
1,095,963
+8.5 | +10.9 jj 3,643,553
+9.2 j.+11.2 ji 1,533,611
3,776,443
1, 582, 780
8/1,910
571,022
440. 167
3f 0, 244
229, 270
201,070 ! 195,949 j +1.4 | +14.2
10, 812
10, 896
5,129
1,613
3,516
5,153
1,604
3, 549
5,199 L
1,602 I.
3,597 L
4, 722
1,611
3,111
4, 764
1,615
3,149
4, 454
939
2,329
1,017
169
4,506
939
2,345
1,050
172
4,563
943
2,359
1,064
197
4,067
917
2,204
806
140
4,085
914
2,210
816
145
1,396
1,412 ;
1,42
1,282
1,291
i
j!
|!
!
+9.6
+13.5
+55.5
+11.8
I
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies):
United States total
thous. of dolls.. 609, 22S
Eastern manuf. dist
thous. of dolls.. 261, 893
Western manuf. dist...thous. of dolls.. 130, 338
Western agric. district .thous. of dolls..
90,662
Southern district
thous. of dolls..
68, 847
Far western district
thous. of dolls _ _ 57, 483
Canada total, 15 eompanies.thous. of dolls._
47, 569
731,145
318,664
160, 185
104,811
81, 213
66, 272
40, 290
832. 250
343', 463
185, 240
127, 286
96, 766
79, 495
44,823
37, 884
25, 007
1, 871
32. 740
21', 755
1,665
44, 780
25, 847
1,812
423
1,577
812
2, 971
2, 452
73.7
493
1,588
752
2,974
2,426
74.1
524
1, 567
733
2, 931
2.404
15, 265
6, 575
13, 888
15,143
6, 558
13, 716
15, 442
6, 627
13, 523
4,420
4,323
4,C40 |
3,816
3,722
3,825 I
4. 38
4.24
4.00
3.38
3.50
5.15
4.50
4. 56
4.38
4.00
3. 50
4.00
5. 06
4.58
769,263 i
314,944 i
165,567 I
119,317
94,128 i
75,307 |
46,718 i
834,557 i 778,451 i 752,267
343,822 i 316,582 I 309,265
180,589 | 173, 372
163,551
128,946 | 114, 529
110, 340
93, 904
99,513 I
91. 834
80, 064
81,687 j
41, 631
44,553
49,870 |
+9.1 -10.4
+ 16.9
+8.1 +8.4
+8.5
+5.7
+6.7 +11.9
800. 52*
528, 091
421, 202
3fi0,121
201, 578
4-3..')
—3.2
-M 0
0.0
Banking
Check p a y m e n t s :
N e w York C i t y
mills, of dolls..
Outside N e w York C i t y
mills, of d o l l s . .
Canada
mills, of dolls. Federal reserve banks:
Bills discounted
mills, of d o l l s . .
Notes in circulation
mills, of d o l l s . .
Total investments
mills, of d o l l s . .
Total reserve
mills, of d o l l s . .
Total deposits
mills, of d o l l s . .
Reserve ratio
per c e n t . .
Federal reserve member b a n k s :
Total loans a n d discounts...mills, of d o l l s . .
Total investments
mills, of d o l l s . .
N e t d e m a n d deposits
mills, of d o l l s . .
Brokers' loans, end of m o n t h :
To N e w York Stock
Exchange members
mills, of d o l l s . .
B y N e w York F . R. member
banks
mills, of dolls..
Interest rates:
T ime loans, 90 days 1 per c e n t . _
Call loans, renewal 1
per c e n t . .
P r i m e com. paper (4-6 mos.)1j
per c e n t . .
P r i m e bankers' acceptances \
per c e n t . .
N . Y. Fed. Ees. B a n k (redisc.).-per c e n t . .
Federal land banks
per c e n t . _
Intermediate credit banks
per c e n t . .
Deposits, N e w York State savings
banks, end of m o n t h
mills, of dolls.-
Public Finance
3 4,193 !
3
4, 204
45,270 |!
26,346 !i
2,279 j!
1,591
656
2,868 i
2.494
70.2
944
1,593
525
2,757
2,408
68.9
15,951
6,637
13,946
4,908
4.63 '
4.47
4.13 |
3.50 ;
4. CO ,
5.06 1
4. CO |
3 4,252
41,778 i
25,225 i
1,729
5.08
4.38
3.75
4. CO
£.00
4. CO
:
ii
ij
H
!!
||
;!
32, 007
23, 579
1,473
3
31, 270
22, 873
1, 645
444
1,718
562
3, 207
2,314
79.5
497
1,740
593
3,154
2, 367
76.8
15,893 i
6,683 !
13,628 !
14, 353
5,924
13,041
14, 625
5,977
13, 414
5,274 ;
3,341
3,458
4,469 '
2,883
3,062
4.44
4.18
4.13
3.63
4.00
5.21
4.50
4.38
4.26
5 95
5.70
4.50
4.00 i
4.50
5.47
4.60 ;
3,965 I
4,253
4.13
3.63
4.00
5.19
4.50
3 3, 974
+8.4 ; +44.8 ||
+4.4 : +15.2 !|
+31.8 ! +38.5 !|
+24.7 !
+.1 !
-20.0 ;
-3.9 j
-3.4 I
-1.9 |
156, 466
114,718
7,266
-89.9 i L
- 8 . 4 l|
!•
-11 5 |
+1.7 1!
-10.3 il
II
-.4
4-8. 7 :!
+.7 -11.8
:j
-2.3 ! +1.
+6.3
+12.2
+2.7
+6.7
202; 458
-^9. 4
124,180 i +8.2
9,356 ! +28. 8
:
:
:
i +19.9 i
! +33.8 I
! +9.0
! +10.2 ||
+ 1 2 . 5 : + 1 2 . 5 !!
+8.1 i +5.4 i
0.0 I +2. 2 !
-.2
j
j
Government debt, gross, end mo.mills, of dolls.. j
Customs receipts
thous. of dolls..j
Total ordinary receipts
thous. of dolls..|
Expenditures chargeable to
ordinary receipts
thous. of dolls. _
Money in circulation,* end mo._mills. cf dolls..!
18, 050 I 17,951
41, 975 ! 42,130
168, 840 I 228,118
17,037 !
48,277 I
641, 626
17, 848
45, 740
169,965
17,756
41,438
164,932
18,941 I 18,874
51,253 ! 45,615
190,3S0 | 170,370
—. 5
—9 4
-3.Q
217,091
4,744
310,511 | 213,028
4,891 |
4^893
-33.6 '
-.1
349, 142!
4, 677
173,283
4, 690
248, 258
4,749
326,709
4,748
47,634
14,871
26,446
6,318
3, 249
45.071
54, 814
20,412
26, 186
S, 216
C, 829
34,985
18,230
10,049
5,700
1,556
2, 643
553
1,946
144
210
2,176
468
1,581
127
210
+1.9
-3.0
237, 695
1, 355,184
219,560
1,373,481
1,316,628
1,314,483
247,063
91,962
118,413
36, 688
11,569
218, G21
75, 500
112,533
30,588
19,353
10,463
2,417
7,452
594
907
10,881
2, 469
7,776
636
822
-7.6
+1.4
Business Failures
Liabilities (United States):
Total commercial
thous. of dolls..i
Manufacturers
thous. of dolls..
Trade establishments . -thous. of dolls_.
Agents and brokers
thous. of dolls..i
Liabilities (Canada)
thous. cf dolls..I
Firms (United States):
|
Total commercial
number..!
Manufacturers
number.. I
Trade establishments
number..'
Agents and brokers
number..j
Firms (Canada)
number..!
12, 751
24, 952
7, 367
4,012
1 See table on p. 21 of the June, 1928, issue for earlier data.
1,818 I
Z
432
1,276
110
125
' 546
1, 5C6
124
150
s
36,117 I}
14,230 \\
18,900 i|
2,987 il
3,707 i|
2,008
470
1,407
131
127
ii
il
i!
i
;!
"3,15
25,278
22,308
5,57 0
1,55 7
3 i ,785
1,968
492
1,342
134
152
1,852
444
1,292
116
157
+3.2
13,802
+7.5
19,978 +17.8
4,005
-47.6
826 +138.2
4-103.0 11
+10.5
+8.4 !j
+8.8
+10.3 | +8.9 |i
+19.1 + 32.9 I!
+1.6 ]
- 1 9 . 1 t|
Se? table cn p. 22 of the June, 1928, issue for earlier data.
3
Revised.
-11.5
-17.9
-5.0
-16.6
+67. 3
+4.0
+2.2
+4.3
+7.1
-9.4
47
TREND OF BUSINESS MOVEMENTS—Continued
| Per ct.
CUMULATIVE TOTAL | inFROM JANUARY 1 | crease
THROUGH MAY 31
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 138 of the
February, 1928, "Survey"
January
February
thous. of dolls__
thous. of dolls..
333,000
176,000
428,900
258, 750
thous.
thous.
thous.
thous.
of dolls..
of dolls._
of dolls..
of dolls..
157,000
114,300
33,100
9,600
170,150
129,050
34,600
6,500
Foreign loans in the U. S.f
thous. of dolls,
Foreign governments
thous. of dolls
Total corporation
thous. of dolls.
Purpose of issueNew capital
thous. of dolls,
Refunding
thcus. of dolls.
Kinds of issueStocks
-,-thous. of dolls
Bonds and notes
thcus. of dolls.
Class of i n d u s t r y Railroads
thous. of dolls,
Public utilities
thous. of dolls
Industrials
thous. of dolls .
Oil
thous. of dolls
Land and buildings
thous. of dolls,
Shipping and misc
thous. of dolls_
Bond issues (Canada):
Govt. and provincial
thous. of dolls .
Municipal
thous. of dolls,
Corporation
thous. of dolls .
States and municipalities:
Permanent loans
thous. of dolls.
Temporary loans
thous. of dolls.
Tax-exempt securities outstanding, end of month
mills, of dolls..
159,825
79, 808
573,573
131,129
117, 351
612,696
408,545
165,028
411,352
201,344
138, 545
435,028
126, 857
485, 840
78, 222
210,155
118,902
2,200
78,741
74,331
74,216
262, 825
93,570
20,675
48,038
112,672
4,000
415
9,396
5,000
1,560
3,185
BANKING AND FINANCE—Continued
Dividend and Interest Payments
[For the following month)
Grand total
Interest payments
Dividend payments:
Total
Industrial and misc
Steam railroads
Street railways
New Security Issues
3
52, 879 +49.9
23,000
-8. 3
712,924 j! -9.0
103,199 > 132, 740
73, 320 113, 389
16, 278
16, 442
Agricultural Finances
Loans outstanding, end mo.:
Federal farm loan banks
thous.
Joint-stock land banks
thous.
Fed.intermed.creditbanks.thous.
War Finance Corporation..thous.
Stocks and Bonds
|
of dolls. J l , 158, 717 1,168, 354
of dolls. _ j 608,798 609, 984
of dolls. J 74,888
75,220
of dolls._|
1,244
1,226
I
|
Stock prices, average daily closing:
25 industrials, average
dolls, per share239. 32
242. 25
25 railroads, average
dolls, per share.
115.20
118.29
103 stocks, average
dolls, per share139. 30
142.13
Southern cotton mills
dolls, per share111.73
112.25
Stock prices, average weekly closing:
202.9
215.2
Total stocks (229)
rel. to 1917-21.
191.8
195.2
164.8
153.7
159.0
158.2
Railroads (31)
rel. to 1917-21.
236.2
•el. to 1917-21..
207.5
210.4
Industrials (198)
220. 9
'el. to 1917-21._
372.9
369.8
Automobile (10).
453.3 j 508.4
•el. to 1917-21 .
565. 0
582. 3
Chain stores (11)
579.7 i 597.2
158.1
•el. to 1917-21 _.
148.5
150.5
Copper (11)
148.0
443.8
J. to 1917-21__
425.8
430. 6
Food (9)
433.
133. 2
125.6
122.3
128.2
Machinery mfg. (5)
: •el. to 1917-21 __
116.6
•el. to 1917-21..
101.9
107.4
106. 2
Petroleum (17)
228.2
225. 3
231.6
227.5
Railroad equipment (10) : •el. to 1917-21..
160.0
•el.
to
1917-21..
154.5
159.1
157.6
Steel (9;
Textile (5)
rel. to 1917-21..
47.5
49.6
52.6
46.6
Theater (3)_
180.3
188.8
199.8
178.6
•el. to 1917-21.
to 1917-21.
Tire and rubber (7)
55.1
55.7
64.7
58.7
Tobacco (7)
:el. to 1917-21.
212.4
215.7
220.5
209.2
315.7
339.7
294.8
309.9
Traction, gas and power (16) _ •el. to 1917-21..
Stock sales, N, Y. Stock Exch.tbous. of shares.
56, 963
84, 988
47,165
80,569
Bond sales:
269, 374 222, 644 304,610 ! 301,084
Miscellaneous
thous. of dolls.
Liberty-Treasury
thous. of dolls.
20, 864
16, 611
11,910 | 14,489
Total
thous. of dolls.
290, 238 239, 255 316,520 ! 315, 573
Bond prices:
97.04
95. 90
Highest-grade rails.p. ct. of par, 4% bond.
96.50
95. 33
88.81
Second-grade rails ..p. ct. of par, 4% bond88.61
87.89
88.75
80.32
Public utility
p. ct. of par, 4% bond.
80.03
82.17
79. 66
80.95
81.33
81.09
Industrial
p. ct. of par, 4% bond81.28
86.04
86.13
Comb, price index..p. ct. of par, 4% bond.
3S6.26
86.15
Bond prices, 1st of following month:
5 Liberty bonds
p. ct. of par_
105. 94
105. 96
106.05
105.98
16 foreign govt. and city
p. ct. of par105.90 I 105.92
105.67
105.46
Comb, price index, 66 bonds._p. ct. of par.
102.60 I 102.41
102.58
102.44
f See table on p. 22 of the April, 1928, issue for earlier data.
|
'
I
|
!
|
!
I
|
|
I
I
221.8
168.1
243.9
528.2
605. 0
165.8
444. 8
136. 4
122.3
224. 6
160. 8
52.5
207.0
56. 2
201.3
360.4
82,164
162.5
147.4
168.7
266. 6
446. 3
117.1
343.3
102.3
101.9
187.3
135.3
39.5
180.2
52.6
172.7
226.7
49, 636
263,388
14, 764
278.152
94. 49
86.92
81.42
80.73
85.54
+4.9
-1.6
_j_#5
-.2
+3.6
+. 9
-6.7
+6. 1
+2. 0
+18.5
+14.6
+18 2
+27.4
+15.6
+14.5
+9.7
+50.7
+76.3
231,211
351,849
+52.2
290, 520
25, 800
316,320
303,510 i! -12.5
31,163 !! +1.9
334,673 -11.9
-13.2
-52.6
-16.9
1,516,065
143,071
1, 659,136
1, 361,100
78, 608
1, 439, 738
-10.2
-45.1
-13.2
94.74
84. 48
76.19
79. 58
83.19
95.06 ' - . 9
84.84 ' - 1 . 1
76.49
-.9
79.38
-.4
83.37 ' - . 8
+2
+6.45
+1.7
+2.6
103.41 !
I 105.03
| 105. 28
104.™
i 101.71
100.67
3 Revised.
103 2
H76.O
1300
41.2
179 0
49. 1
1S3.5
239. 2
46, 51^
104 14 ',
105.07 \
101.03 ,
6
i
-.6
ti
i
_ 9
+.9
-.2
+.2
-.7
+.7
Cumulative through June 30.
48
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey*'
January
February
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
April
March
May
May
April
May,
1928,
from
April,
1928
May,
1928,
from
May,
1927
+.7
+.6
+.2
+2.3
+1.0
+7.7
+.9
-.5
-.4
-4.0
+2.0
+1.5
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1937
1938
Per ct.
increase
(+
i
or de
crease
(-)
cumulative
1928
from
1927
BANKING AND FINANCE—Continued
Stocks and Bonds—Continued
Bond yields:
Railroads (15)
per cent.
Industries (15)
per cent.
Utilities (15)
-per cent.
Municipal (15)
per cent.
Municipal bond yield (20)
per cent.
U. S. Treasury notes and
certificates, t 3-6 months
.per cent.
Liberty and Treasury bonds f---Per cent.
Long-term real-estate bonds issued:
Grand total
thous. of dolls.
Purpose of i s s u e Finance construction—.thous. of dolls.
Real-estate mortgage.--thous. of dolls.
Acquisitions and
improvements
-thous. of dolls.
Kind of structureOffice and commercial--thous. of dolls
Hotels
thous. of dolls
Apartments..
thous. of dolls --I
4.20
4.79
4.65
3.89
3.87
4.21
4.77
4.62
3.89
3.93
4.24
4.78
4.56
3.93
3.97
4.27
4.81
4.57
4.02
4.01
4.31
4.83
4.79
3.96
3.95
4.29
4.83
4.77
3.94
3.95
3.31
3.35
3.33
3.36
3.27
3.30
3.62
3.32
3.90
3.35
3.39
3.47
3.33
3.44
61,167
39,840
62,962
87,748
77,450
49,794
35,520
+118.0
248,912
329,167
+32.2
32,759
12,900
14,085
2,710
29,220
36,865
44,515
20,910
25,912
13,937
13,740
9,165
+52.3 +224.0
- 4 3 . 3 +128.2
105,762
61,622
134,099
108,942
+26.8
+76.8
+17.1
-2.6
6,533
12,175
13,520
35,557
4,225
16,323
2,600
1,470
1,975
+31.6
43,598
41,856
-4.0
29,000
650
4,309
22,415
700
1,910
11,965
4,010
4,060
14,605
11,395
3,635
45,175
10,300
4,265
18,177
11,380
2,720
10,070
600
3,430
+209.3 +348.6
-9.6
+17.3 +24.3
78,565
19,815
24,532
123,160
27,055
18,179
+56.8
+36.5
-25.9
73,624
843,857
38,320
52,086
4,373
72,119
816,133
14,686
25,806
4,362
67,872
877,380
2,683
97,536
4,305
3 65,166
825,907
5,319
96,469
3 4,266
75,983
886,186
1,968
83,689
4,161
68,531
824,014
14,503
2,592
4,610
66,956
859,479
34,212
2,510
4,608
+16.6 +13.5
+7.3 +3.1
-63.0 -42.5
356,085
4,163,125
146,761
28,031
754,764
4,249,463
62,976
355,586
+112.0
+2.1
-57.1
4,980
1,433
4,490
1,272
5,333
1,469
3 4,668
3 1,388
4,735
1,322
4,712
1,716
4,811
1,393
24,802
7,826
24,206
6,884
-2.4
-12.0
574
1,141
6,305
6,692
.571
170
547
4,658
7,479
.570
461
803
5,134
7,405
.572
128
550
3 4,888
6,587
.574
133
456
3,003
6,712
.603
602
723
3,815
6,824
.564
231
602
5,083
6,026
.563
22,206
32,548
23,988
34,875
+8.0
+7.1
4.88
.039
.053
.139
.403
.269
.193
4.87
.039
.053
.139
.403
.268
.192
4.88
.039
.053
.139
.403
.268
.193
4.88
.039
.053
.140
.403
.269
.193
4.87
.039
.053
.140
.404
.268
.193
4.86
.039
.050
.139
.400
.268
.192
4.86
.039
.054
.139
.400
.268
.192
dolls, per yen
dolls, per rupee
.367
.469
.365
.472
.365
.477
.366
.466
.366
.484
.361
dolls, per Canadian doll
dolls, per gold peso
dolls, per milreis
dolls, per paper peso
.998
.971
.120
.122
.998
.971
.120
.122
1.000
.973
.120
.122
1.000
.972
.120
.120
.972
.120
.122
1.001
.962
.118
.120
345, 233 354, 715
375, 734
1, 768,284
1, 769,355
+.1
104, 707
12, 571
18.471
3
8,238
32,945
94, 275
10,435
16,712
7,861
28,084
107, 517
13,454
17, 817
11,061
27, 762
2 402,037
2 49,050
2
70, 265
* 33,044
2
112,923
-2.5
-9.6
+10.9
-7.0
88, 522
39,414
84,999
35,064
86,436
36,135
59, 221
12, 529
50,739
10, 747
109,784
29, 502
6,392
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces
Rand output
fine
ounces
Imports
thous. of dolls
Exports
thous. of dolls
Monetary stock, end mo.*..mills, of dolls
Silver:
ProductionUnited States
thous. of fine oz
Canada
thous. of fine oz
Stocks, end of m o n t h United States
thous. of fine oz
Canada
thous. of fine oz
Imports
thous. of dolls
Exports
thous. of dolls
Price at New York
dolls, per fine oz
FOREIGN EXCHANGE RATES
Europe:
England
France
Italy
Belgium
Netherlands
Sweden.
Switzerland
Asia:
Japan
India
America:
Canada..
Argentina
Brazil
Chile
4.18
4.76
4.68
3.89
3.87
dolls, per £ sterling
dolls, per franc
dolls, per lira
dolls, per franc
-dolls, per guilder
dolls, per krone
dolls, per franc
-84.1
-13.2
-2.5
-9.7
+1.4
-1.6
-5.1
+3.9
-42.4
-24.3
-40.9
-4.8
-17.1
-38.6
+1.9 +11.4
+5.1 +7.1
-.2
0.0
0.0
0.0
+.2
0.0
-1.9
-.4
0.0
+.7
+1.0
0.0
+.5
.471
.362
-2.3
0.0
+1.1
1.001
.962
.118
.120
-.1
0.0
0.0
+1.7
+1.0
+1.7
+1.7
346, 501
+2.7
+2.4
+.2
-1.1
-.2
U. S. FOREIGN TRADE
Imports
Grand total
thous. of dolls
By grand divisions:
Europe—
Total
..thous. of dolls
France
thous. of dolls
Germany
thous. of dolls
Italy
thous. of dolls
United Kingdom
thous. of dolls
North AmericaTotal
thous. of dolls
Canada
thous. of dolls
South AmericaTotal. _.
thous. of dolls
Argentina
thous. of dolls
Asia and Oceania—
Total
thous. of dolls
Japan.
thous. of dolls
Africa, total..
thous. of dolls
By classes and commodities:
Crude materials.
thous. of dolls
Foodstuffs, crude, and
food animals
thous. of dolls
Manufactured foodstuffs
thous. of dolls
Semimanufactures
thous. of dolls
Finished manufactures
thous. of dolls.
351,035
3
97.158 33105, 897
12,126 3 13,918
15, 855
19, 227
8,846
3 8,099
23,095 3 28, 799
3
3 337, 943
3
76, 518
37,027
3
47,192
6.747
3 47,427
3 6,962
3
3 79,430
36,370
3
3
107, 507 33 109, 301
32,001
33, 593
9,573
8,967
1
133,395 3130, 882
48,301
28, 724
61, 221
66. 302
380, 429
47, 542
36,040
3
64, 382
3
72,188
120,080
30,759
7,896
3
1
145, 537 3 127,065
53,452
41,007
3
64,944
3
75, 488
46,049
43, 272
3 60, 678
* See table on p. 22 of the June, 1928, issue for earlier data,
t See table on p. 21 of June, 1928, issue for earlier data.
1
9,388
3 99, 722
3 11,158
3 14,140
9,006
31, 469
2 412,
2
54,
2
63,
2
35,
2 108,
3
85, 903
3 39, 464
2 328,425
2 144, 665
2
3 36, 637
6,581
2
2
125,134
31,864
9.752
1
138, 553
152,906
3 135, 718
47,955
34,232
59,087
74, 887
43,045
46, 876
64, 537
68, 370
3 37,163
3
39, 392
3 63, 780
3 70, 488
J
183,206
32,010
2
2
118, 967
3 33,172
5,272
458,865 I
126,182 I
2 38, 782
+9.0 +2.1
+4.1 +29.0
-20.9
-2.6
+9.9
-13.1
-7.4
+6.3
+.3
+2.2
204, 579
36, 985
+11.7
+15.5
446, 672
125, 855
32,828
-2.7
-.3
2
3
2
+3.8
329, 469
147, 875
2
707,939
675,433
209,993
199,163
310, 970
340,218
243, 299
183,276
310, 312
357, 034
Cumulative through April 30.
3 Revised.
504
288
357
520
743
-15.4
-4.6
+15.9
-8.0
-.2
+4.9
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