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MONTHLY SUPPLEMENT TO COMMERCE REPORTS

UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS

BUREAU O F FOREIGN AND DOMESTIC COMMERCE

:

BUREAU O F STANDARDS

JUNE

No. 22

1923

CONTENTS
Page.

Page.

Summary for April
Business indicators (diagrams and table)
Wholesale price comparisons (diagrams and table)
Comparison of wholesale price index numbers (diagram)
Business conditions in April
Business failures by geographical distribution (diagram)
Index numbers of production and marketing
Trend of business movements:
Textiles
Metals
Fuel and power
Paper and printing
Rubber and automobiles
Glass and optical goods
Building and construction
Hides and leather
Chemicals, naval stores, and oils
Foodstuffs
:

.

1
9

4
6
7
20
23
25
26
28
29
30
31
31
33
34
35

Trend of business movements—Continued.
Tobacco
Transportation
Labor
Price index numbers
Distribution movement
Public .finance
Banking and finance
Foreign exchange and trade
Trade and industry of foreign countries
Detailed tables:
Banking and finance
Miscellaneous
World crop production
Patents granted—Internal-combustion engines
Construction cost index numbers
Sources of data

38
38
39
39
40
41
41
43
44
46
48
50
52
52
53

SUMMARY FOR APRIL.
A slight decline took place in productive activity
in April, partly due to seasonal trend; but some commodities, such as crude petroleum, pig iron, and automobiles, made new high records for monthly output.
Stocks of commodities were further reduced in April.
Production still exceeded the 1920 average by about
20 per cent.
Price levels were almost unchanged in April, with
slight advances in farmers' prices, and average wholesale price indexes unchanged or lower, thus arresting the
continued rise noted in recent months. Retail prices
advanced slightly, while living costs as a whole were
unchanged.
50832—23




1

Labor conditions continue to reflect large employment and an excess of open positions over applicants.
Sales of mail-order houses and chain stores made a
seasonal decline, but were larger than a year ago,
especially the mail-order houses. Business failures
continued to decline, although liabilities were greater,
while investments in savings banks and life insurance
gained perceptibly over the high March figures.
Freight-car loadings for April were not only the
greatest for this season of the year but on a level not
normally reached until about midsummer or early fall.
The net shortage of freight cars for April was reduced
to 24,176 cars.

BUSINESS INDICATORS.
(1913 monthly average-100. See explanation on inside front cover.)
PIG-IRON PRODUCTION.
1920

1.000

1931

1.000

1922

1921

COTT<) N CONSUL[PTION.

BTTUMINO1us COAL PH ODUCTION.
innoi

1920

1933

I93t

I92|

800
800
400

< NUMBER8

900

L

100

so

y

i^
\ \

Q

v^—

V\

T

80

//

40

W

30

10

NET FREIGHT TON-MILES.
1920

1921

EXPORTS (VALUES).

BANK CLEARINGS OUTSIDE NEW YORK
CITY (VALUES).

1920

1922

auu
eoo
100

V

f

—

^

y—^

I inn
-SrS£

^

^

—,

60

20

DEFAULTED LIABILITIES (VALUES).
1931

000

1922

I93S

WHOLESALE PRICES.
nno

1939

1931

1932

PRICE OF 25 INDUSTRIAL STOCKS.
1923

Ann

r
^

:

—f00

/

I

40




90
40

^

BUSINESS INDICATORS.
The following table gives comparative index numbers for a selected list of important business movements. It is believed that this
table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often
regarded as indicative of business in general.
The table has been divided into two parts*, the first containing those items for which index numbers can be calculated, using 1913 as
a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numbers
is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the
two sets of data. In either group, however, the upward or downward trend of the index numbers, compared to previous months, does
reflect the present tendency in each item and will give a basis for business judgment.
MONTHLY AVERAGE.

1922

1923

COMMODITY.

1920

1921

1922

Mar.

Apr.

May.

June. July. Aug. Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

111

121

136

131

117
138
101
102
106
234
118
107
156

138
160
120
117
117
271
129
117
177

139
156
116
106
107
281
120

1913 m o n t h l y average- 100.

Production:
Pig iron *
Steel ingots
Copper
Anthracite coal
Bituminous coal
Crude petroleum
Cotton (consumption) * *
Beef
Pork
Unfilled orders:
Steel Corporation
Stocks:
Crude petroleum
Cotton (mills and warehouses) * *..
Prices:
Wholesale index, all commodities
(Dept. Labor)
Retail food (Dept. Labor)
Retail coal, bitum.—U. S. average
(Dept. Labor)
Farm crops (Dept. Agriculture)1...
Farm live stock (Dept, Agriculture).
Business finances:
Defaulted liabilities
Price 25 industrial stocks *
Price 25 railroad stocks *
Banking:
Bank clearings, New York City
Bank clearings, outside N. Y. City..
Commercial paper interest rate
Distribution:
Imports (value)
Exports (value)
Sales, mail-order houses
Transportation:
Freight, net ton-miles

121
111

54
64
39
99
87
189
85
109
116

87
114
81
58
85
222
102
121
129

79
112
61
115
126
225
108
119
118

170

90

96

109
150

152
183

226
203
207

92
106
105

(«)
51
224
103
124
133

92
124
93
1
56
220
106
125
149

94
117
92
2
43
225
95
119
117

71
104
98
2
56
225
109
127
109

76

86

89

95

98

101

234
161

211
171

225
151

235
128

244
103

249
87

250
83

251

147
153

149
142

142
139

143
139

148
139

150
141

155
142

168

197
109
107

188
113
111

179
112
117

177
115
115

175
118
118

175
119
119

175
118
119

108
184
67

230
136
64

229
169
75

315
153
70

322
163
74

195
166
76

168
166
74

176
170

257
127

205
212
113

230
229
76

237
223
83

238
213
79

244
228
74

294
331
264

140
181
188

174
154
204

171
159
211

145
154
196

137

105

114

120

90

119
135
99
97
116
178
111

238

275

81
115
75
(8)
40 #
216*

90
128
90

120

109

134

124

146

183

126
153
110
114
126
249
127
125
188

113 ! 117

116

114

117

123

125

123

253
184

252

252

5 241

5 243

6 247

138

191

193

176

156

142

»252
124

155
139

153
140

154

156
145

156

140

147

156
144

157
142

159
142

159
143

184
114
112

205

205

110

110

109

110

205
130
107

203
134
106

192
139
107

79
112
95
65
103
219
103
131
101

103
135
101
112
113
231
111
141
113

101

103

112

111

114

117

230

242

208
118
105

123
104

206
126
106

207

177

162

152

184

191

77

178
82

177
182
76

256
187
74

217
190
74

179
198
79

213
199
78

227
195
76

255
234
70

233
223
65

215
225
68

219
234

249
266
76

220
245
76

240

213
230
80

251
271
87

228
261

80

251
289
80

169
149
194

174
162
174

169
145
154

188
146
157

200
151
190

185
179

195
184
277

196
166
287

221
162
243

203
148
232

266
165
290

244
165
272

102

106

99

111

125

144

139

132

138

119

144

83

72

258

1 9 1 9 m o n t h l y average=100.

Production:
Lumber2
Building contracts (floor space)
Stocks:
Beef
Pork
Business finances:
Bond prices index (40 issues)
Banking:

100
72

85
69

114
102

103
111

107
125

126
128

132
130

122
111

129
116

124
95

123
100

124
101

96
83

109
83

99
89

131
139

130
138

70

43
85

27
70

29
74

27
76

24
83

21
94

20
91

20
81

22
67

28
47

40
50

48
68

48
82

42
92

38
102

33
112

87

107

104

107

108

108

109

111

112

110

107

107

107 , 106

104

103

91
91
122
122

97
28
144
154

99
33
142
155

94
30
143
156

92
29
143
155

98
24
144
154

93
20
145
158

90
21
146
158

94
22
146
156

105
24
147
155

98
34
146
152

112
33
144
144

112
31
147
153

112
36
145
150

107
33
145
153

97

Debits to individual accounts, outside N e w York City
114
Federal Reserve, bills discounted... 132
Federal Reserve, total reserves
97
Federal Reserve, ratio
87

96
31
146
152

* Monthly statistics on the movements since January, 1913, or as far back as available, are given on pages 47-49 of the December Survey (No. 16).
i Monthly prices are for the 15th of the month indicated.
* Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hard
and soft woods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of
34,552,000,000
board feet reported by the census.
8
Less than 1.
«Yearly figures are monthly averages for the crop year ending July 31 of year indicated.
* Does not include stocks of topped oil or crude oil held at refineries; this omission reduced the January stocks by about 15,000,000 barrels.




COMPARISON OK PRESENT WHOLESALE PRICES WITH PEAK AND PRE-WAR.
(Relative prices 1913 = 100.)
INDEX NUMBERS
300
I

WHEAT.
CORN
POTATOES
COTTON
COTTON SEED
WOOL
CATTLE. BEEF
HOGS
LAMBS
WHEAT, SPRING
WHEAT, WINTER
CORN. NO. 2
OATS
BARLEY
RYE. NO. 2
TOBACCO,BURLEY
COTTON. MIDDLING
WOOL. OHIO. UNWASHED

CATTLE. STEERS
HOGS. HEAVY
SHEEP. EWES
SHEEP. LAMBS
FLOUR. SPRING
FLOUR, WINTER
SUGAR, RAW
SUGAR. GRANULATED
COTTONSEED OIL
BEEF. CARCASS
BEEF. STEER, ROUNDS
PORK. LOINS
COTTON YARN
COTTON. PRINT CLOTH
COTTON, SHEETING
WORSTED YARN
WOMEN'S DRESS GOODS
SUITINGS
SILK. RAW
HIDES. PACKERS
HIDES. CALFSKINS
LEATHER.SOLE
LEATHER. CHROME
BOOTS AND SHOES (BOSTON)
COAL. BITUMINOUS
COAL. ANTHRACITE
COKE
PETROLEUM
PIG IRON, FOUNDRY
PIG IRON, BASIC
STEEL BILLETS. BESSEMER
COPPER
LEAD
TIN
ZINC
LUMBER. PINE. SOUTHERN
LUMBER. DOUGLAS FIR
BRICK, COMMON. NEW YORK
BRICK. COMMON. CHICAGO
CEMENT
STEEL BEAMS
RUBBER, CRUDE
SULPHURIC ACID




I F A R M pnnmirvr.Q P Q I

WHOLESALE PRICE COMPARISONS—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS.
NOTE.—Prices to the pro.iucor on farm proiucts are from U. S. Department of Agriculture, Bureau of Agricultural Economics. All other prices are from U. S.
Department of Labor, Bureau of Labor Statistics, except market price of wool compiled by IT. S. Department of Commerce, Bureau of the Census. As far as possible all quotations represent prices to the producer or at the mill. See diagram on opposite page.
Date and m a x i m u m
relative price.

COMMODITIES.

February.

March.

April.

Percent
increase ;
(+) or de- j
crease (—)
j in March i
from April!

+ 3.0
+
8.0
+ 10.6

Relative price.

(1913 average=100.)
Farm products—Average price to producers:
Wheat
Corn
Potatoes
Cotton
Cottonseed
Wool
Cattle, beef
Hogs
Lambs
Farm products—Market price:
Wheat, No. 1, northern, spring (Chicago)
Wheat, No. 2, red, winter (Chicago)
Corn, contract grades, No. 2, cash (Chicago)
Oats, contract grades, cash (Chicago)
Barley, fair to good, malting (Chicago)
Rye, No. 2, cash (Chicago)
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
Wool, unwashed, fine (Ohio)
Cattle, steers, good to choice, corn fed (Chicago)
Hogs, heavy (Chicago).
Sheep, ewes (Chicago).
Sheep, lambs (Chicago)

Juno,
Tuly,
June,
Julv,
May,
July,
May,
July,
Apr.,

1020
1020
1020
1020
1020
1918
1019
1019
1020

; May,
May,
Sept.,
June,
i Mar.,
I Mar.,
Mar.,
Apr.,
Mar.,
Mar.,
July,
Apr.,
Feb.,

1020
1020
1017
1920
1018
1918
1919
1920
1020
1919
1919
1918
1020

May,
May,
May,
May,
July,
Sept.,
July,
Sept.,

1920
1917
1920
1920
1919
1920
1920
1919

May,
Apr.,
May,
Jan.,
Oct.,
July,
Jan.,
Aug.
Aug.,
Mar.,
Aug.,

1920 ;
1920
1920
1920
1918
1020
1020
1910
1010
1020
1010

Sept.,
Oct.,
Aug.,
Mar.,

|
\
|

!

j
I
i
j
'
!
j
|
\
;
j
'!

326

133

135

139

300

120

123

134

706

107

123

136

312

231

237

224

321

207

213

218

344

211

223

235
08

+
+

2.3
5.4
1.0
2.8

183

94

95

256

102

100

00

_

230

178

180

175

-

354

136

133

137

4-

302

138

134

134

331

118

118

127

4-

296

122

123

124

+

325

107

106

107

4-

+

451

136

130

134

352

208

208

208

331

226

240

226

350

236

232

232

218

110

109

106

266

94

98

05

319

143

153

161

263

188

183

168

3.0
0.0
7.6
0.8
0.0
3.1
0.0

-

5.8
0.0

+
-

2.8
3.1
5.2
8.2

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

j
i
;
i
[
j

328

146

145

152

+

363

145

146

149

598

176

208

223

44-

7.2

526

171

201

215

374

150

163

162

+
-

7.0
0.6

201

114

112

112

0.0

211

105

111

111

254

105

100

103

0.0
3.0

348

198

203

200

478

232

238

220

_
-

427

206

208

210

4-

289

225

225

225

0.0
0.0

Clothing:
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York)
Worsted yarns: 2/32's crossbred stock, white, in skein (Boston)
Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York)
Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (New York)
Silk, raw Japanese, Kansai No. 1 (New York)
Hides, green salted, packer's, heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Boots and shoes, men's black calf, blucher (Massachusetts)
Men's dress welt tan calf (St. Louis)

4.8
7.1

202

176

184

181

201

227

227

227

466

241

237

256

283

108

105

102

1.5
3.8
1.0

o.o
4-

8.0
2.0

400

88

88

88

308

210

209

200

0.0
0.0

202

153

153

153

0.0

1022
1021
1020
1920

336

222

222

201

2(K)
202
1S5

200

0.0
0.0
13.7
1.5

July,
Sept.,
July,
Mar.,
June,
May,
June,

1017
1 020
1017
1017
1917
1918
1915

340

183
179
154

202

230

98

108

261

185

193

224

94

100

386

130

141

205
211
175
108
188
103
133

Feb.,
Jan.,
Feb.,
Oct.,
Sept.,
June,
Jan.,
Feb.,

1920
1020
1020
1020
1920
1017
1013
1916

455

221

230

232

407

212

236

236

381

305

305

305

251

177

175

178

105

173

173

173

331

139

146

172

124

38

36

34

250

70

70

71

Fuels:
Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati)
Coal, anthracite, chestnut (New York tidewater)
Coke, Connellsville (range of prompt and future) furnace- at ovens
Petroleum, crude, Kansas-Oklahoma—at wells

637
375

200
250
105

-

Metals:
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, desilvered, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, slab, western, early delivery (New York)

330
388

205
172

2.9
1.7
0.0
2.6

Building materials and miscellaneous:
Lumber, pine, southern, yellow flooring, 1 x 4 , " B " and better (Hattiesburgdistrict)
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington)
Brick, common red, domestic building (New York)
Brick, common building, salmon, run of kiln (Chicago)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district)
Steel beams, mill (Pittsburgh)
Rubber, Para Island, fine (New York)
Sulphuric acid, 66° (New York)




0.9
0.0
0.0
1.7
0.0
17.8
5.6
1.4

COMPARISON OF WHOLESALE PRICES BY GROUPS.
(T. S. Department of Labor index numbers. Relative prices 1913=100.)
1916
j

rM

r

J

1918

1917
s

r

j

r vi

r

J

J3

Isj

,j

1919
1SI

5

j

r

J

f.1

^/I

j

r

3

j

1922

1921

1920
S

j

J

r

M

N

J

I3

I<!

>)

1923

^n

M

1

340
\

320

300

\\
\\
\
\

<
->< /

V

230

I
1
1

260
j—

240

/'A
/

220

v

\
V

/

/

r

/

1

GQ

1/ /
A /,'

§,80
X
Q 160

z

/

/

I /

y^

*

/

—^
\
\
V /
\
/

s

r

j

PA
/

**—

$0

f

1- -

\
\
\

J

0




-p
y

—1
1

if

/

\
>
\
V.- ^ ^

_/'

»——

^/

I9I3 AVER^ GE

1
i

40

20

-A.

\

V
\

100

iBO

\
\
\
\
V
\
\
\
\ \
\ \
—.
\ \ \'
\ \ \
\ V
\\
-X J \\
\
\ \
»

\

\^~

•

/
J20

7

\
\

\

/

140

ft

"^

—

I—

M

J

BUSINESS CONDITIONS IN APRIL,
The following pages contain a review by principal
industries of the more important statistics shown in
the table on the "Trend of Business Movements"
(page 25). Summaries of production, stocks, sales, and
price changes are given also.

COURSE OF PRODUCTION SINCE

BELAT7V& PRODUCTION (1919 = 100)

Maximum
since
end
of

Mini1923
1922
mum 1920 1921 1922
since averaverend age. average. age. Mar. Apr.
of
Mar. Apr.
1919. 1919.

PRODUCTION.

Production of commodities slackened somewhat in
April after the high records made in March, with seasonal influences causing this decline to a large extent.
The index number of raw material production on a
1919 base declined from 125.8 in March to 121.1 in
April, while the marketing of animal products declined
from 113.6 to 111.4. Crop marketings have made the
usual seasonal decline, while manufacturing production shows a slight falling off in almost all groups from
the March figures.
Out of 51 commodities for which comparison can be
made between March and April on a 1919 base, there
were 14 increases and 36 decreases, with most of the
changes either way falling within a comparatively narrow range. New high records were made in the April
output of crude petroleum, pig iron, silver, Douglas fir
lumber, newspapers, corrugated paper boxes, passenger
automobiles, and motor trucks.
In comparison with April, 1922, there were 45 increases and only 7 decreases reported for individual
commodities.
RELATION

OF

PRODUCTION,

STOCKS,

AND UNFILLED

ORDERS.

(Relative monthly average 1920=»100.)
1922

1988

Jan. Feb. Mar. Apr.

Jan. Feb. Mar. Apr.

120.6 117.8 116.7 109.0 111.0 102.8 102.5 95.1
Stocks
Production (manufactured)... 84.7 91.8 93.0 88.1 113.3 100.3 122.0
41.2 41.1 47.2 57.6
Unfilled orders
84.5 93.2 100.5 "94*6

COMBINED PRODUCTION I N D E X N U M B E R S . 1

(Relatively monthly production 1919—100.)
Maxi- Minimum m u m 1920 1921 1922
Apr. Mar. Apr.
sinoe since aver- aver- aver- Mar.
end end of age. age. age. 1922. 1922. 1923. 1923.
1919. 1919.
Manufacturing (total)..
Manufacturing (62 identical commodities)
Raw materials, total...
Minerals
Animal products...
Crops
Forestry
1

102.2

126.7

81.2

122.7
153.4
131.7
119.6
194.6
127.9

74.0 100.6 80.9 97.8 93.6 88.6 122.7
72.9] 98.5 102.8 108.0 93.6 74.1 98.2 90.5
62.51 113.9 93.3 99.0 116.2 62.5 125.8 121.1
79. 7! 95.4 97.5 106.3 102.5 106.9 113.6 111.4
49.1 93.9 112.1 112.6 77.8 54.5 74.3 61.0
60.6 101.6 85.5 109.9 99.3 101.7 119.9 120.4

96.7

92.7 126.7

For details "of individual commodities, see pages 23 aqd 24,




1919.

FOODSTUFFS:

Wheat flour
Beef products
Pork products
Lamb and mutton
Sugar (meltings)
Oleomargarine
Cottonseed oil
Condensed milk
Butter
Cheese
Icecream..
Corn products

125
109
152
110
178
126
203
121
201
169
468
135

64
67
58
58
40
26
4
20
64
41
41
38

82
92
93
80
104
103
91
76
99
86
111
93

91
83
97
94
92
60
99
71
120
86
110
90

Cotton (consumption). 130
Sole leather
95
Boots and shoes
U13

57
63
186

103
82

79
80

95
78
98

(2)

94
87
92
90
107
98
79
77
130
165
51
52
71
66
66
62
129
107
85 1 68
111
66
103
124

71
80
88
67
164
47
22
69
116
74
92
78

96
89
147
90
157.
68
56

110

97

100
82
106

92
72
97

130
91
130

120
90

CLOTHING:

FUELS:

Anthracite coal...
Bituminous coal
Beehive coke..
By-product coke
Crude petroleum..
Gasoline
Kerosene.
Gas and fuel
Lubricating oil
Electric power

"ihb
62
37

121
137
127
»155
184
177
116
153
135
145

41
11
3 62
112
98
71
93
89
98

101
122
110
122
117
123
99
146
124
113

103
91
30
79
124
130
83
127
104
105

60
88
42
113
146
157
98
140
116
122

119
129
46
102
148
143
92
134
104
118

41
33
106
142
143
97
125
103
111

121
121
110
155
178
191
98
153
129
145

110
110
112
153
184

139
144
3 114
127
140
181

34
33
*17
38
80
79

119
121
94
105
100
88

54
57
37
47
95
113

88
99
77
81
98
121

80
100
58
69
89
99

81
103
72
67
88
101

138
144
114
127
129
91

139
141
110
123
140
91

128
144

75
64

112
84

96
96

97
101

90
82

85
78

97
114

90
106

119

50

94

91

99

108

89

103

%

131
172
180

69
20
33

94
121
98

99
67
88

115
105
153

113
58
153

104
95
158

126
109
180

113
155
153

272
182
144
122
120
161
120
319
139

8
57
44
27
28
21
33
42
47

121
122
102
89
82
105
91
106
103

78
109
79
60
59
88
57
123
83

114
135
117
62
68
81
78
226
114

15
134
107
54
37
118
68
202
92

40
129
113
63
78
90
82
197
94

82
164
138
68
53
150
94
319
123

131
144
62
49
140
82
304
114

Mechanical wood pulp 143
Chemical wood pulp.. 138
Newsprint
116
Newspapers (printed). 138
126
150
135
123

55
64
69
93
64
77
65
53

109
117
110
105
121
120
119
113

87
79
89
104
79
94
85
71

102
102
105
120
107
120
111
105

119
106
103
119
102
121
118
102

122
93
98
124
92
106
101
96

103
118
113
134
126
150
123

128
109
102
138
123
136
111
113

156
142

30
18

104
104

65
89

117
109

96
116

109
109

151
112

156
111

130
131
187
3
184
124

13
43
34
3 61
48

106
120
117
125
104

37
63
105
122
69

79
92
144
142
77

65
84
126
100
67

70
82
144
138
79

119
131
147
148
79

99
127
150
169

267
235
214

65
86
80

149
112
110

120
127
122

209
195
172

189
199
166

226
222
181

267
229
210

241
200
179

139

30

72

69

102

111

125

139

138

Automobiles, passen«249
ger
8
142
Motor trucks
135
Locomotives.
79
Ships

«51
• 32
9
2

114
102
89
67

93
46
50
30

141
111
77 1 75
17
48
2
8

143
85
9
10

231
131
126
7

249
142
97
11

METALS:

Pig iron
Steel ingots
Copper
Zinc..
Silver
Gold (receipts)
TOBACCO:

Cigars<
Cigarettes *..
Manufactured
tobacco 4

LUMBER:

Yellow pine .
Western pine
North Carolina pine..
California white and
sugar pine
California redwood
Douglas fir
Michigan hardwoods..
Michigan softwoods...
Northern hardwoods..
HfiTnlop.lr

Oak flooring.. . .
Maple flooring
PAPER:

Book paper
Wrapping paper
Pat>flr board

Fine paper
Corrugated
paper
boxes 6 .
Solidfiberpaper boxes5
STONE, CLAY, AND SAND
PRODUCTS:

Silica brick
Clay fire brick
Face brick
Cement
Glass bottles

BUILDING EQUIPMENT:

Baths enamel .
Lavatories, enamel....
Sinks enamel. .
Buildings (contracted
for)
TRANSPORT VEHICLES:

i Since November, 1921.
> Less than 1.
»Since January, 1921-

* As represented by tax-paid withdrawals.
& Relative to the last six months of 1919,
« Since July 1,1921

COMPARISON OF PRESENT PRODUCTION WITH CORRESPONDING
MONTH OF 1920.
DECREAM

COMPARISON OF APRIL PRODUCTION WITH PRE-WAR.
INDEX NUMBERS
400

INCREASE

PER CENT

W

SO

ft

1

BEEF PRODUCTS

80

CENT
100

iM

460

D8TUFI •8

WHEAT FLOUR

PORK PRODUCTS

LAMB AND

BEEF PRODUCTS

MUTTON

m

SUGAR

PORK PRODUCTS

OLEOMARGARINE

COTTONSEED OtL
CORN

LAMB AND MUTTON

m

PRODUCTS

THINQ

CL

OLEOMARGARI

COTTON CONSUMPTION
SOLE

3

LEATHER

FU
ANTHRACITE

LS

COAL

BITUMINOUS

m

COAL

S3

BEEHIVE COKE
CRUDE

ANTHRACITE COAL

PETROLEUM

BITUMINOUS COAL

GASOLINE
KEROSENE
QAS AND

BEEHIVE COKE

FUEL OIL

LUBRICATING OIL

BY-PRODUCT COKE

ELECTRIC POWER

M

TALS• 1

W//JW/A

PIG IRON

CRUDE PETROLEUM

STEEL-INGOTS
ZINC

PIG IRON
1ACCO

.CIGARS

STEEL-INGOTS

CIGARETTES
MANFD.

TOBACCO

COPPER
LI

WE8TERN

PINE

NORTH CAROLINA
CALIFORNIA

PINE

•

WHITE PINE

CALIFORNIA

MBER

a
a

YELLOW PINE

REDWOOD

DOUGLAS FIR
MICHIGAN

HARDWOODS

MICHIGAN

SOFTWOODS

NORTHERN

HARDWOODS

• M wmm
warn

3

m

HEM LOCK
OAK FLOORING

•

MAPLE FLOORING

PER
MECHANICAL

CHEMICAL

WOOD PULP

WOOD PULP

NEWSPAPERS (PRINTED )

BOOK

PAPER

WRAPPING
FINE

a

•

NEWSPRINT PAPER

PAPER

a

PAPER

CORRUGATED PAPER BOXES
•OLID

FIBER

a

PAPER BOXES

O N E . C LAY. AN

> SAND PRODUCTS

SILICA BRICK
CLAY

FIRE

8INKS( ENAMEL)

3

BRICK

FACE BRICK

GLA8S

•••

BOTTLES

B

BATHS( ENAMEL)

LOCOMOTIVES
ILDIN

EQUI

F>MENT

LAVATORIES' ENAMEL )
SINKS( ENAMEL*
BUILDINGSC CONTRACTED)

1

RAN^

>RTATIC N

LOCOMOTIVES

•H • M • M

STOCKS.

There was a decline in stocks of commodities during
April. Out of 40 commodities for which comparisons
are available on a 1919 base, there were 9 increases
during the month and 29 decreases. Of the increases,
3 were among the food commodities, which are usually
subject to seasonal influences, and 3 were in the paper
group.
Compared with a year ago, there were 15 increases
and 21 decreases in stocks. Among the foodstuffs
there were 10 increases and only 5 decreases, while
the other commodities had only 5 increases as against
21 decreases.
The index number of stocks of commodities compiled by the Department of Commerce stood at 95.1
at the end of April, based on the average 1920 stocks
as 100, showing a decrease of about 20 per cent since




last September, and of about 7 per cent during the
month of April.
STOCKS OF COMMODITIES COMPARED WITH PRE-WAR.

(Taken at end of each month.)
RELATIVE STOCKS (1913=100).
1923

1922
1920
average.
Wheat (visible)
Corn (visible)
Oats (visible)
Coffee
Cotton (total)
Crude petroleum
Pig iron (merchant) *..
Zinc
Tin
.
Oak
flooring
!
Cement 2
Tobacco..
i
Flaxseed

127
71
89
89
150
109
38
99
183
258
80
114
33

i Relative to 1914.

1922
average.

1921
average.
134
256
270
89
183
152
84
196
127
375
91
131
74
2

177
315
268
60
161
234
48
89
134
256
87
130
10

Mar.
|

194
607
371
63
171
i 211
'• 71
148
167
312
i 123
! 145

i

Mar.

Apr.
173
470
327
55
151
225
59
127
148
296
129
8

249
372
138
64
142
247
32
25
220
281
116
150
1

Relative to stocks at end of 1913.

Apr.
231
291
126
55
124
252
35
22
194
264
102
1

Retail sales, on the basis of reports from mail-order
houses and ten-cent chains, made the usual seasonal
decline, while they were considerably greater than
RELATIVE STOCKS (1919-100).
the sales reported for April a year ago. Postal
receipts
and magazine advertising in the principal
1923
1922
1922
1920
cities
of
the country declined, while newspaper
aver
average, age. age, Mar. Apr. I Mar. Apr.
advertising reached a new maximum since 1919.
Telephone receipts and telegraph tolls were higher
in March than in the corresponding month a year ago.
27
29
38
70
33
43
Sales of both stocks and bonds in April were con74
76 102 112
97
85
34
25
183 324
79
69
siderably lower than in the preceding month and in
287
332 298 343
110 157
57
33
110 107
63
39
April, 1922. New life insurance written in April
135
120 173 161
89
93
64
60
95
85
76
reached a newT high mark in point of aggregate policy
1,482 1,147
174 622
908 'in
290
250 108
69 211
98
value.
14
6
7
81
5

STOCKS OF COMMODITIES SINCE 1919.

(Taken at end of each month.)

Maxi- Minimum mum
since
1919. 1919.
FOODSTUFFS.

Beef products
Pork products
Lamb and mutton
Sugar (raw)
Cottonseed oil
Wheat (visible)
Wheat flour
Corn (visible)
Oats (visible)
Butter
Cheese
Eggs
Poultry
Fish*
Coffee

Apples
Rice (domestic)

124
20
129
38
928
25
437
44
200
8
191
28
149
54
1,482 108
316
16
174
5
156
28
240 0)
183
30
110
17
177
72
391
360 ""50

82
70
73
146
181
159

28
23
103
41
103
111
190

79
101
72
72
145
166
159

28
114
76
28
89
54
165

37
11
143
27
104
133
215

36
91
112
17
89
62
194

92

87

76

235
267
94
163
146

241

COMPARISON OF SALES IN DIFFERENT LINES OF BUSINESS.

RELATIVE SALES ( 1 9 1 9 = 1 0 0 ) .

CLOTHING MATERIALS.

Cotton (total)

136

111

102

145
134
134
151
143

223
168
100
172
143

FUELS.

Crude petroleum
Gasoline
Kerosene
Gas and fuel oil
Lubricating oil

241
267
153
178
162

Pig iron (merchant)
Zinc
Tin

101
61
85
75
81

31
24
122

60
108
332

132
213
232

67
97
244

129
98
141
234
199
100
182
193
179

126
74
98
159
180
92
178
185
98
55
73
151

INDIVIDUAL
COMMODITIES.

24
352

CONSTRUCTION
MATERIALS.

Yellow pine
Michigan hardwoods...
Michigan softwoods
Oak flooring
Maple flooring
Silica brick
Face brick
Cement 3
Baths (enamel)
Lavatories (enamel)...
Sinks (enamel)
Rosin 4
Turpentine 4

102
59
80
59
55
81
123
79
29
21
34
41
13

113
59
81
165
123
101
192
218
81
36
40
101
49

PAPER.

Mechanical wood pulp..
Chemical wood pulp....
Newsprint (at mills)
Book paper
Wrapping paper
Paper board
Fine paper

143
138
175
131
130
132
112

108
89 | 90
99 I 98 j 106
118
125 ! 95
121
115 121
119
101 112
132
117 114
95
101

58
103
79
117
79
96
96

OTHER AGRICULTURAL
PRODUCTS.

Tobacco (total).
Flaxseed

134
1,578

117 116 i! 1 129
127
550 1,242 j 167 i

1
2

Index numberless than 1.
On loth of month.
» Relative to stocks at end of 1919.
* Relative to season beginning Apr. 1,1919.
* Apr. 1.

Pig iron (merchant)
Freight cars
Structural steel
Baths, enamel
Lavatories, enamel
Sinks, enamel
Sanitary pottery
Oak flooring
Maple flooring
Redwood lumber
Clay fire brick
Leather belting
Abrasive paper and
cloth
Fine cotton goods
Paper 1
Printing
Optical goods l
DISTRIBUTION
MOVEMENT.

Wholesalers s
Mail-order houses 1
Chain stores 1
SERVICES.

Postal receipts l
Telephone receipts
*
Telegraph tolls l
Railroad revenues:
1
Passengers
Freight 1
Advertising:
Magazine
Newspaper
SECURITIES.

Stocks
Bonds
Municipal bonds
(new)1.
Life insurance 1
1

SALES.

Of the 12 individual commodities for which sales data
are available the sales in April, with the exception of
redwood lumber, clay fire brick, and leather belting,
were below those reported for April, 1922. The index
of unfilled orders for basic commodities recently
compiled by the Department of Commerce declined
slightly in April.




2

156

Items based on value.
Relative proportion of orders to total transactions.

PRICES.

Prices received by farmers for their crops continued
to rise, reaching 39 per cent above the 1913 average.
Live-stock prices remained within the same narrow
range as during the previous three months, at from
6 to 7 per cent above the 1913 average.

10
The wholesale price index of the Department of
Labor remained unchanged at 59 per cent above the
pre-war average, declines in the farm products, fuel,
and miscellaneous groups neutralizing increases in the
other groups. The Federal Reserve Board's reclassification of this index shows a slight decline in raw
materials in spite of an advance in forest products,
while producers' and consumers' goods rose in price.
Dun's and Bradstreet's index numbers of wholesale
prices declined slightly, the first reduction in either
index number since last summer.
The retail food index increased slightly in April,
while the cost of living figure of the National Industrial
Conference Boa*rd for April shows no change, the
increase in food being balanced by declines in clothing
and fuel.
Foreign wholesale prices moved within a narrow
range, with declines in France and Sweden and increases in Great Britain, Italy, Switzerland, and
Canada.
Comparing industrial prices in the table and chart
on pages 4 and 5, it is seen that farmers7 prices increased, except for cotton, hogs, and lambs, while the
same commodities and also cattle show declines in
the market price of farm products. Foodstuffs increased except cottonseed oil, which declined, and beef,
which remained unchanged. Clothing prices showed
little change except increases in raw silk and cotton
sheeting and declines in cotton yarns and print cloth
and in packers' hides. Among the fuels coke and
petroleum declined, while coal was stationary. Among
the metals, iron and steel rose, copper was unchanged,
and other metals declined. Building materials in general rose slightly, except for a sharp advance in steel
beams, which at 18 per cent was the largest advance
in the whole list. Other advances of over 8 per cent
were potatoes, corn, and silk, while coke, with 14 per
cent, and lambs, with 8 per cent, were the only outstanding declines.
TEXTILES.
Receipts of wool at Boston made a seasonal decline
in April, but were considerably larger than a year ago,
owing to foreign receipts being almost doubled, while
domestic receipts were slightly lower. Consumption
of wool declined about 10 per cent from March.
Woolen machinery activity decreased slightly as regards looms, but spindles, cards, and combs showed
even greater activity, due to the large amount of overtime work. The price of raw wool to the producer
again advanced, but through all other stages prices of
wool and woolen goods remained stationary.
The first report compiled by the Bureau of the Census on the monthly output of ready-to-wear clothing




shows the number of garments cut by 327 identical
establishments in February and March:
M E N ' § AND BOY'S

CLOTHING.

NUMBER OF
GARMENTS CUT.
KIND.

February.
Men's suits, made wholly or partly of wool
Men's suits, made wholly or partly of mohair, cotton, silk, linen,
etc
,
Men's separate trousers, made wholly or partly of wool
Men's separate summer trousers, made wholly or partly of
mohair, cotton, silk, linen, etc
Men's overcoats...
Boys' suits and separate pants (all grades)
Boys' overcoats and reefers (all srad.es)

March.

870,160

908,132

144,608
735,617

155,523
788,242

429,381
119,130
659,570
17,733

467,25B
144,950
719,125
12,294

Cotton consumption declined from the March high
record to 577,396 bales in April, in a seasonal movement. Stocks of raw cotton at both mills and warehouses continued to decline, and were about 800,000
bales less than a year ago. Exports of raw cotton
again declined, and at 262,753 bales were the lowest
since September, 1920. Cotton cloth exports declined
slightly, as did sales of elastic webbing. Slightly more
cotton spindles were active in April than in March,
but the total activity declined. Prices of cotton and
cotton goods were slightly lower in April, except for a
very slight advance in sheetings.
The first report of the Bureau of the Census on the
monthly operations of hosiery concerns gives the
following statistics for February and March by 311
identical concerns representing 383 mills, which
reported over 60 per cent of the total value of hosiery
at the Census of Manufactures of 1921 :
QUANTITY (DOZEN PAIRS).
March.

February.

Total.*
Production:
All cotton
All nat. silk
All others....

2,193,110
862,949
972,844

Men's.

941,258
247,931
326,145

Women's.

Total.1

596,828 2,520,755
919,012
605,213
560,851 1,112,586

Men's.

1,071,965
255,262
379,409

Women's.

663,383
655,373
616,046

Total.

4,028,903 1,515,334 1,762,892 4,552,355 1,706,636 1,934,802

Shipments
Stocks, end of mo.
Orders
Cancellations
Unfilled orders,
end of month...

4,050,932 1,475,080 727,290 4,636,310 1,684,125 1,970,981
6,069,277 1,977,636 2,741,181 6,186,661 2,014,080 2,764,592
4 299,313 1,602,633 1,774,856 4,473,516 1,604,630 2,009,238
221,149
127,969
171,584
41,874
104,486
57,083
10,972,600 4,423,648 4,208,057 10,453,877 4,277,225 4,024,121

1
Includes men's, women's, boys' and misses', children's and infants', and athletic
and sport.

The apparent consumption of silk in April amounted
to 38,193 bales, the highest since the end of 1920.
Stocks of raw silk at warehouses were further reduced
to the lowest point since last July, while the price of
raw silk exceeded $9 per pound for the first time since
April, 1920.

11
COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS.
400

i

kA

\r
%/A
&
\**
%%V
%* A

•—Ai

1

V
§

V

$

t

f\r
->•

J

A

of the United States Steel Corporation declined in
April. Exports of iron and steel products increased
slightly and prices continued to advance, especially
structural beams, which rose 18 per cent over March.
PRODUCTION OF PIG IRON AND STEEL INGOTS AND U. S. STEEL
CORPORATION'S UNFILLED ORDERS.
12
%
10

i

*.

V
%
)

S •

\\

°B

LL

o
0

_J

i i I
1920

i 1922
i § I I

1921

I

1

4

#

I 1923
2

STOCKS OF COTTON; NUMBER OF DAYS' SUPPLY AT DAILY RATE
OF CONSUMPTION.

1

0

1
1920
350

1921

1922

11923

IRON AND STEEL.

Slight declines were registered in the production,
shipments, unfilled orders and unsold stocks of independent sheet producers, while sales declined over 43
per cent and total stocks increased slightly. Production of steel barrels rose to 50 per cent of capacity,
the highest recorded since 1920, but shipments and
unfilled orders declined.1
Bookings of commercial steel castings reported to
the Bureau of the Census by two-thirds of the shop
capacity devoted to this purpose amounted to 90,968
tons or 93.9 per cent of capacity, a decline of over
50,000 tons from the March record. Railway specialties were booked at only about half the March bookings but miscellaneous bookings declined only slightly.
Sales of fabricated structural steel declined to 80
per cent of capacity, as comparad with 96 per cent
in March and 88 per cent in April, 1922. The table
on page 12 gives figures compiled by the Bureau of
the Census showing the total tonnage booked each
month by 171 firms with a monthly capacity of
226,625 tons, and the total bookings computed to
a capacity of 250,000 tons at the rate of sales to
capacity of the reporting firms.

The production of pig iron in April was slightlyhigher than the previous record made in March, but
steel-ingot production declined somewhat. The great
falling off in orders for merchant pig iron and continued high production and shipments caused a
decline in unfilled orders of merchant pig iron. Stocks
of mercbwt iron increased slightly. Unfilled orders

i The Steel Barrel Manufacturers' Association has entered into cooperative
arrangements with the Department of Commerce for the wider distribution of the
statistics compiled and issued by that association. The statistics are issued daily
and monthly and cover the sales, production, shipments, and unfilled orders of
steel barrels and drums specified by kind and size; shipments are distributed by
states. Persons desiring to obtain this service may either apply direct to the secretary of the association, 1428 Bulkley Building, Cleveland, Ohio, from whom a
statement of the subscription charges for the various reports may be obtained; or
if they prefer, may send thoU aames fa the Survey of Current Business for forwarding
to the association.

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12
NONFERROUS METALS.

BOOKINGS OF FABRICATED STRUCTURAL STEEL.

YEAR AND MONTH.

April
May
June
July
August.. ..
September.
October
November.
December..
January..
February.
March
April

1922.

1923.

Actual
tonnage
booked.

Per cent
of
capacity.

Computed
total
bookings.

199,494
183,089
167,641
155.298
]54,676
145,097
131,303
110,188
136,168

220,000
202,500
185,000
172,500
170,000
160,000
145,000
122,500
150,000

170,190
U82,056
2 216,647
3 176,954

197,500
200,000
237,500
200,000

1 Reported by 170 firms with a capacity of 226,425 tons.
2
Reported by 167firrriSwith a capacity of 225,425 tons.
3 Reported by 150 firms with a capacity of 220,965 tons.

Shipments of locomotives from manufacturing
plants declined in April, due to the smaller number
destined for domestic railroads. Unfilled orders,
both domestic and foreign, declined slightly. Orders
for domestic freight cars made a sharp decline. Sales
of stokers made a considerable increase over April,
but shipments of steel furniture declined.

Production of copper was slightly less in April
than in March and over 50 per cent higher than a
year ago. Exports were the same as in March and
there was no change in the price of electrolytic copper.
Zinc production made a slight decline, and stocks
were further reduced to a new low record since
1919. Receipts and shipments at St. Louis declined
about 20 per cent and the price of slab zinc was
reduced.
Stocks of tin declined and the price of tin fell off
slightly. Receipts of lead increased, but shipments
declined. The price of lead declined slightly.
FUELS.
Production of both bituminous and anthracite coal
seasonally declined about 9 per cent from March, but
there was little change in the output of both beehive
and by-product coke. Storage of anthracite coal increased but was only 7 per cent of last year and confined to steam sizes. Exports of both bituminous and
anthracite coal increased slightly, while coke exports
were double the March figures. Prices of coal and coke
declined.

LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS.




PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.
'

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Production of crude petroleum for April made
another high record at 58,133,000 barrels, and stocks
continued to climb. Consumption declined, as did
imports, and the price of crude oil was reduced
slightly. A considerable increase took place in the
number of oil wells completed during the month.
Gasoline figures for March, the latest available,
show increases in production, consumption, and exports,
and the rise of stocks to 1,259,000,000 gallons—a level
far above previous high marks. Exports of gasoline
declined slightly in April. Production of other refined
products increased in March, and stocks declined, except for kerosene oil.

13
AUTOMOBILES.

PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE.
36

The output of automobiles made a new high record
in April with 344,474 passenger cars and 37,514 trucks,
both showing an increase of 8 per cent over March.

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Production of glass bottles declined slightly in
March, while March operations of illuminating glassware plants show declines in production, shipments,
and orders, all being slightly over 50 per cent of
capacity.
Sales of spectacle frames and mountings made a
considerable increase in April, but unfilled orders
declined.
BUTTONS.

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1921

1922

(923

PAPER AND PRINTING.

Production of mechanical wood pulp increased
almost 25 per cent over March, consumption was
slightly greater, and stocks increased 48 per cent in a
seasonal movement. Production and consumption of
chemical pulp declined and stocks increased slightly.
Production and shipments of newsprint paper
declined about 10 per cent and total stocks declined
slightly in spite of an increase in jobbers' holdings.
Consumption of newsprint by publishers increased.
Total printing paper exports declined. A slight increase took place in production of corrugated and
solid fiber paper boxes.

Reports furnished to the Department of Commerce
by the National Association of Button Manufacturers
show the following weekly comparisons regarding
stocks of finished fresh-water pearl buttons and machinery activity by 17 companies representing 95.2 per
cent of the machine capacity of the Association
members.a
BUTTON MANUFACTURING.

STOCK ON HAND (GROSS).
WEEK ENDING—

December 30 (previous year)..
January—
6
13
20
27

February—
3
10
17
24
March—
3

PRODUCTION AND STOCKS OF NEWSPRINT PAPER.
320
280

CO

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31
April—
14
21
28
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1921

1922

1923

PER CENT OF
MACHINE
ACTIVITY

.

1923

1922 1

1923

1922 1

13,832,294

12,100,792

13,611,979
13,638,275
13,646,436
13,671,499

11,930,906
11,920,613
11,976,769
12,040,558

143.6
i 52.1
152.1
153.2

33.8
45.1
51.4
51.4

13,508,275
13,493,976
13,532,540
13,564,760

11,938,300
11,997,520
12,043,674
12,108,272

54.2
54.2
54.5
52.1

13,399,376
i 13,340,008
13,373,501
13,454,219
13,467,402

11,909,903
11,895,817
11,941,118
12,000,472
12,020,933

13,344,915
13,357,190
U3,455,624
13,514,369

11,988.674
12,082,463
12,161,789
12,199,085

13,431,057
13,499,864
13,622.367

12,164,667
12,240,858
12,390,540

51.1
51.1
49.5
49.8
49.0
48.7
48.0
50.3
50.5
50.2
50.1
48.5
45.0
44.6
48.2
48.1

53.1
151.0

53.3
54.2
52.8

54.0
54.8
155.6
54.7
53. 5
54.0
54.0

i Based on reports from 16 firms.
a The National Association of Button Manufacturers has entered into cooperative
arrangements with the Department of Commerce for the wider distribution of the
statistics compiled and issued by that association. The statistics cover the quantity
and price of orders received, quantity of button stocks on hand, and machinery
activity weekly for fresh-water pearl buttons specified by kind and grade. Persons
desirin? to obtain this service may either apply direct to the secretary of the association, 1182 Broadway, New York City, or, if they prefer, may send their names to the
Survey of Current Business for forwarding to the association. A limited number of
free copies is available for distribution by the association. If the demand for these
becomes greater than the supply, a charge will be made by the association sufficient
to cover merely the cost of distribution.

14
BUILDING CONSTRUCTION.

Building costs remained quite stationary in April,
both as regards building materials and the costs of
construction.
Building contracts awarded in April in the 27
Northeastern States made a very slight decline from

March, but the total value was considerably higher.
The only increases in volume occurred in several
groups of public and semipublic buildings, while industrial contracts fell off 21 per cent.
Fire losses declined over 20 per cent from March,
but were slightly larger than a year ago.

VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES.

1919

1920

1921

BUILDING MATERIALS.

Production of lumber in general showed a decline
from the high March totals. Exceptions were Douglas
fir, western pine, and northern pine. Shipments of
all species declined except Michigan softwoods, and
stocks were less than in March except for western
pine. Exports of lumber increased and prices declined
fractionally.
PRODUCTION AND STOCKS OP PORTLAND CEMENT.

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1923

Orders for both oak and maple flooring declined
about 40 per cent from March, while production, shipments, stocks, and unfilled orders all declined to a
considerable extent.
Production, shipments, and stocks of clay-fire and
silica brick declined in April. Orders for clay-fire
brick were one-third less than the March orders, but
unfilled orders increased slightly. Production, shipments, and unfilled orders of face brick continued to
increase, but stocks declined. Prices of common
brick showed little change.
The first statistical report of the National Paving
Brick Manufacturers' Association,1 covering 29 companies representing 66 per cent of the tonnage capacity of the paving brick industry, shows the following
figures on No. 1 paving brick for the month of April:
i The National Paving Brick Manufacturers' Association has entered into cooperative arrangements with the Department of Commerce for the wider distribution of the statistics compiled and issued by that association. The statistics are
issued weekly and cover the production, shipments, stocks, new orders, cancellations and unfilled orders for paving brick, classified by sizes. The distribution of
unfilled orders and shipments is shown by states and classes of highways. Persons
desiring to obtain this service may either apply direct to the secretary of the association, 830 Engineers Building, Cleveland, Ohio, or, if they prefer, may send their
names to the Survey of Current Business for forwarding to the association. A
limited number of free copies is available for distribution by the association. If
there is a large demand for these sheets, a charge will probably be made by th«
association to cover the cost of printing and mailing.

15
PAVING BRICK ( N O . 1 SIZE).

[In thousands of bricks.]
April.

Production
Shipments
Stockonhand, end of month
Orders received
Cancellations
Unfilled orders, end of month

33, 315
23, 397
80,170
24, 522
1,028
91, 849

March.

70,252

91, 752

The production of No. 1 and No. 2 paving brick in
April represented 77 per cent of the normal tonnage
capacity of the reporting firms.
Production and shipments of cement made a seasonal increase in April and were larger than a year
ago. Stocks declined during April and were considerably lower than a year ago. The price of Portland cement remained unchanged. Contracts for
concrete paving let in April increased but were much
smaller than in April, 1922.
A considerable decline took place in April in orders
and shipments of all classes of sanitary enamel ware,
as against an increase during April, 1922, but the
totals were about the same as a year ago. Stocks
in general declined during April and averaged about
half as large as a year ago.
Sales of tubular plumbing goods in April were less
than half of the March sales, both in pieces and in
value.1
The wholesale price index of plumbing fixtures,
compiled from reports to the Department of Commerce, shows a further increase in April, with prices
about 92 per cent over the 1913 average.
HIDES AND LEATHER.
Production of sole leather in April was almost as
large as in March and reductions of about 8 per cent
occurred in the output of skivers and oak and union
harness. Exports of sole leather declined, but upper
leather exports were larger than in March.
The production of boots and shoes declined about
10 per cent in April, but exports continued to increase.
Prices of boots and shoes were unchanged. Sales of
leather belting declined slightly.
CHEMICALS AND OILS.

Exports of sulphuric acid and dyestuffs declined
but fertilizer exports increased. Prices of essential
oils and chemicals increased, but crude drugs remained
unchanged and drugs and pharmaceuticals declined
slightly.
* The Tubular Plumbing Goods Association has completed cooperative arrangements with the Department of Commerce for the wider distribution of the statistics
compiled and issued by that association. These statistics are issued semiweekly
and cover manufacturers' sales, in 3-day intervals, of traps and supply pipes. The
figures are given in great detail in the regular reports specifying the quantities,
subdivided by sizes, which have been sold in particular States, cities, or Territories.
Persons desiring to obtain this service may do so by applying either to the secretary of the association at 25 Broad Street, New York City, or, if they prefer, may
send their names to the Survey of Current Business for forwarding to the association. If there is a large demand for these sheets, a charge will probably be made
by the association to cover the cost of printing and mailing.




Seasonal increases took place in the receipts of turpentine and rosin, which were larger than a year ago.
Stocks of turpentine were greater than the previous
month and a year ago, but rosin stocks were less than
at both these periods.
Exports of vegetable oils increased slightly in April.
The consumption of oleomargarine declined. Stocks of
cottonseed and production and stocks of cottonseed
oil declined seasonally but were higher than a year
ago. The price of cottonseed oil declined fractionally.
Except for a large increase in receipts at Minneapolis, the usual seasonal decline took place in receipts, shipments, and stocks of flaxseed in the
Northwest, with stocks far below last year. Shipments of linseed oil and oil cake from Minneapolis,
however, showed an increase and were much larger
than a year ago.
CEREALS.

Receipts and shipments "of wheat at the principal
markets were about the same as in March and considerably larger than a year ago. Exports of wheat
and flour were slightly less than either March, 1923,
or April, 1922. Prices of wheat and flour advanced
slightly. The visible supply of wheat was 30,000,000
bushels larger than a year ago.
Receipts and shipments of corn made a seasonal
decline and were larger than in April, 1922. The
visible supply was 15,000,000 bushels smaller than a
year ago. Exports again declined, but the price of
corn rose. Grindings of corn by starch and glucose
manufacturers made a seasonal decline but exceeded
last year's grindings for April.
Reports furnished to the Department of Commerce
by the Iowa-Nebraska Canners' Association 2 show
the following comparison of unsold stocks of sweet
corn in the 36 canneries of Iowa and Nebraska, in
cases:
February 15, 1921
November 18, 1921
February 1, 1922
August 1, 1922
November 1, 1922
January 1, 1923
March 1,1923
April 7, 1923
May 29, 1923

1,956,000
1, 644, 000
1,400,000
519,600
649,000
569,417
291, 209
238,417
3
133, 623

Receipts of oats in April were almost twice as large
as a year ago, but the visible supply was less than
half as great. Exports increased, but were much less
«The Iowa-Nebraska Canners' Association has entered into cooperative arrangements with the Department of Commerce for the wider distribution of trade statistics
collected, compiled, and issued by that association. These statistics cover periodic
reports on acreage planted to sweet corn and the production, stocks, and sales of
canned corn. Persons desiring to obtain this service may either apply direct to the
secretary of the association at Marshalltown, Iowa, or, if they prefer, may send
their names to the Survey of Current Business for forwarding to the association. A limited number of free copies are available for distribution by the secretary
of the association. If the demand for these is greater than the supply, a charge
will be made by the association sufficient to cover merely the cost of distribution.
aOne cannery missing.

16
than a year ago, while the price of oats advanced
fractionally. Prices of barley and rye also advanced.
Total grain exports for April declined to 19,936,000
bushels, slightly more than half as large as a year ago,
but car loadings of grain and grain products, though
less than in March, were about 15 per cent larger than
in April, 1922.

Exports of condensed and evaporated milk declined
from March, 1923, and from April, 1922. Receipts of
butter and cheese were larger than a year ago, but
receipts of eggs were less. Cold-storage holdings of
butter and eggs were less than a year ago, but cheese
holdings increased. Prices of butter and cheese declined from March.
TOBACCO.

RELATIVE PURCHASING POWER OP FARM PRODUCTS, AND
PATENTS FOR AGRICULTURAL IMPLEMENTS.

A decline of about 7 per cent took place in the consumption of tobacco products in April, as represented
by tax-paid withdrawals, but there was a considerable
increase over the corresponding month of last year.
Exports of both unmanufactured tobacco and cigarettes made good increases over March.
RELATIVE PRODUCTION OF CIGARS, CIGARETTES, AND MANUFACTURED TOBACCO.
(Relative monthly production 1913=100.)

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1913

1914 1915 1916 1917 1918 1919 1920 1921

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1922

OTHER CROPS.

Receipts and shipments of rice increased both over
March, 1923, and April, 1922, while exports declined
in comparison with both periods. Stocks declined
but were larger than a year ago.
Cold-storage holdings of apples and carlot shipments made seasonal declines but were larger than a
year ago. Slight declines occurred in the carlot shipments of potatoes, onions and citrus fruit, all but
onions exceeding the April, 1922 shipments.
MEATS AND DAIRY PRODUCTS.

The movement and slaughter of all kinds of live
stock was generally greater in April than a year ago,
with cattle showing an increase over March in contrast to a decline a year ago. Exports of both beef
products and pork products declined, with the latter
about twice as high as a year ago. Cold-storage
holdings of meats were considerably larger than at
this season last year. Prices were irregular.
The fish catch for April was considerably larger than
a year ago, but cold-storage holdings were much less.
Poultry receipts were less than in March but greater
than in April, 1922. Cold-storage holdings were
about 50 per cent larger than a year ago.




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WATER TRANSPORTATION.

March traffic through the Panama Canal was the
largest on record, with 1,941,000 tons of cargo passing
through, of which over half was carried in American
vessels. Clearances of vessels in foreign trade from
United States ports increased but entrances declined.
The relative proportion of American vessels was
slightly greater than in March. Ocean freight rates
to England declined but the index for all of Europe
rose.
RAILROADS.
The surplus of idle freight cars was reduced slightly
in April and the shortage was cut in half, thus bringing
the net shortage down to less than 22,000 cars. The
number of bad-order cars increased slightly. Car
loadings again increased, owing to the continued
growth of merchandise shipments. About 10 per
cent more Pullman passengers were carried in April
than a year ago.

17
March figures on railroad operations show considerably larger revenues, both freight and passenger,
than a year ago, and also a considerable advance in
operating expense, with net-operating income about
the same, at the annual rate of 5.84 per cent on the
tentative valuation of the reporting railroads.

PANAMA CANAL TRAFFIC.

LABOR.

Employment in 1,428 United States factories, each
employing 500 workers or over, showed an increase in
April, and at 2,040,000 employees compares with
1,617,000 in April, 1922. Employment reports from
Wisconsin also show an increase for the month, while
in New York State factories a slight decline was
reported in the number of employees during April.
Total involuntary unemployment in Pennsylvania
was reduced still further, being estimated at 10,025
on May 15. The total pay roll in New York State
factories increased but one-tenth of 1 per cent, while
for Wisconsin the increase amounted to 2 per cent.
The average weekly earnings of Wisconsin factory
employees increased 1 per cent during April. Reports from State and municipal employment agencies
show that in April the registration of workers
amounted to 178,158, while the number of jobs registered, at 200,692, was higher than at any time since
October, 1922. The ratio of workers per job at 0.89 is
the lowest since comparable figures became available
in July, 1921, and compares with 1.32 in April a
year ago.

SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL LOADINGS OP
FREIGHT CARS.
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Retail sales of the two largest mail-order houses made
the usual seasonal decline in April, and at $30,691,000
compare with $22,071,000 for the corresponding month

18
of 1922. April sales of 10-cent chain stores aggregated $23,764,000, which may be compared with
$22,429,000 in April, 1922, and $18,589,000 in April,
1921.
The index of department-store sales as compiled by
the Federal Reserve Board also shows the seasonal
falling off in this line of trade, and at 117 the index
on a 1919 base compares with 113 in April, 1922.
Department store stocks at 128.5 for April, on a
1919 base, compare with 117.6 in April, 1922, and
142.0 in April, 1920.
SALES OP MAIL-ORDER HOUSES AND CHAIN TEN-CENT STORES.

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BANKING AND FINANCE.

As measured by debits to individual accounts, the
volume of payments by checks outside of New York
City declined to $18,732,000,000 in April, which
compares with $16,481,000,000 in April, 1922, and
$20,279,000,000 in April, 1920. Debits to individual
accounts in New York City declined to $20,478,000,000,
which may be compared with $20,717,000,000 in April
a year ago. Discounts, investments, deposits, and
note circulation of the Federal reserve banks were
reduced slightly during April, while the reserve ratio
increased and at 77.0 per cent compares with 75.5 in
March and 78.3 in April, 1922. Among the member
banks of the Federal Reserve System, loans and discounts increased, and at $11,839,000,000 were 10 per
cent greater than April a year ago, while total investments were reduced to provide for the increased
demand for funds in business. Net demand deposits
increased during the month.
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS.

24

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1921

Magazine advertising in May amounted to 2,270,000
lines and compares with 1,830,000 lines in May a year
ago. The total magazine advertising for the first five
months of 1923 aggregated 9,699,000 lines and compares with 7,557,000 lines for the corresponding period
of last year. Newspaper advertising increased during
April, and at 387,777,000 agate lines the cumulative
total for the first four months of the year compares
with 352,909,000 lines for the same period of 1922.
Postal receipts in 50 selected cities during April
amounted to $24,374,000, which may be compared
with $22,156,000 in April a year ago and $22,441,000
in April, 1920.
PUBLIC FINANCE.
The total interest-bearing debt increased in April,
but decreased 3 per cent from April, 1922. Customs
receipts in April declined, but the total for the first
four months of 1923 is 56 per cent greater than for
the corresponding period last year. For the four
months ending April 30 ordinary expenditures increased 12 per cent from the corresponding period of
1922, while ordinary receipts increased 16 per cent
over the same period. The per capita distribution of
money held outside of the United States Treasury and
the Federal Reserve System amounted to $42*04 as
against $40.06 in April, 1922.




\

16

\

12

\
z
«*.
1920

1921

1

E

k

>•

^

i
O
1922

z

5

11923

Interest rates on New York call loans declined
appreciably in April, and at 4.94 per cent may be
compared with 4.35 per cent for April last year and
7.35 per cent for April, 1920. Rates on prime commercial paper hardened in April, and at 5.13 per cent
the April average may be compared with 6.78 per
cent in April, 1920.
With the exception of the New York district, savings
deposits increased in each of the twelve Federal
Reserve districts, the greatest percentage increase over
March being in the Kansas City district. The combined total deposits to the credit of depositors in eleven

19
EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM.

400

£

1

300
C/5
DC
LU
m

/

H

i r*

D
Z 200
X

\i
y

LU
Q
Z

.A

i
\

/

100

•s\ V
l( 13 AV ERAG £

QC

J

1920

192!

1922

! 1923

Owing to the much larger number of classifications
required under the new tariff act and the difficulty in
getting the declarations properly made out, all import
statistics have been greatly delayed. It is expected
that these difficulties will be overcome shortly and
that the statistics can again be brought up to date.
Figures for imports during January, 1923, have
just become available Since these can not easily be
fitted into the table on the u Trend of Business Movements/' the imports of those items usually reported
in the Survey are given in the accompanying table.
Comparison is made with the quantities imported in
January, 1922. With the exception of rice and
mechanical wood pulp, the imports of the commodities
here shown in quantities point to a marked increase in
the volume of our import trade during the fiscal year
1923 as compared with 1922. In point of value, the
total goods imported into the United States since the
beginning of the fiscal year was 43 per cent greater
than the corresponding period a year ago.

IMPORTS OF SPECIFIED COMMODITIES.

January,
1923.

GRAND TOTAL IMPORTS
FOODSTUFFS:

Rice
Coffee..
Tea
Sugar
Vegetable oils

HIDES AND SKINS:

Total
Cattle hides
Calfskins
Sheep and lamb skins
Goat and kid skins

TEXTILES:

Cotton
Wool
Silk
Fiber
Burlap

RUBBER
METALS:

Iron and steel
Tin

PAPER:

Mechanical wood pulp
Chemical wood pulp
Newspaper print

CHEMICALS:

Potash
Nitrate of soda




January,
1922.

Percentage
increase
(+) or
decrease
(-^January, 1923,
from
January,
1922.

CUMULATIVE TOTAL FROM
JULY 1.

1922-23

1921-22

Percentage
increase
( + ) or
decrease
(—), cumulative 192223 from
1921-22.

319,000

217,185

+46.9

2,012,110

1,405,857

+43.1

11,922
115,608
8,738
240,034
63,112

8,640
119,353
6,966
314,939
49,060

4-38.0
-3.1
+25.4
-23.8
+28.6

40, 222
721,709
70,649
1,866,116
339,529

44,84S
717,404
57,921
1,379,777
233,133

-10.3
+0.6
+22.0
+ 35.2
+45.6

lbs.
lbs.
lbs.
lbs.
lbs.

59,327
33,126
4,596
*9,397
8,S54

27,833
15,934
2,272
3,213
5,530

+ 113.2
+ 108.0
+ 102.3
+ 192.5
+60.1

402,030
240,671
44,311
45,557
48, 344

212,185
104,019
27,944
26,588
47,617

+89.5
+ 131.4
+58.6
+ 71.3
+ 1.5

bales.
thous. of lbs.
thous. of lbs.
long tons
thous. of lbs.

105,215
56,313
5,603
47,106
61,013

42,093
22,152
4,593
14,612
37,781

+ 150.0
+ 154.2
+22.0
+222.4
+61.5

277,802
250,323
38,873
198,956
307,153

201,253
94,560
37,020
107,986
260,856

+38.0
+ 164.7
+ 5.0
+84.2
+17.7

thous. of lbs.

82,653

54,011

+53.0

446,735

307,327

+45.6

thous. of long tons.
thous. of lbs.

119
13,165

13
9,103

+815.4
+44.6

728
82,119

82
41,784

+787. S
+96.5

short tons.
short tons.
short tons.

30,447
116,426
106,988

20,920
95,525
82,482

+45.5
+21.9
+29.7

166,189
753,620
650,294

172,011
491,359
524,594

-3.4
+53.4
+24.0

long tons.
long tons.

20,409
109,064

17,591
9,470

+16.0
+ 1,051.7

136,497
453,983

90,275
117,196

+51.2
+287.4

thous. of dolls

thous. of lbs.
thous. of lbs.
thous. of lbs.
long tons.
thous. of lbs.
thous. of
thous. of
thous. of
thous. of
thous. of

20
Prices of both industrial and railroad stocks declined
during April, as did industrial bonds, while prices of
railroad bonds advanced slightly. Sales of stocks on
the New York Stock Exchange declined 22 per cent

from March and the 20,136,000 shares sold compare
with 30,468,000 shares in April, 1922. Sales of bonds
showed a decline both as compared with March and
with April a year ago.

NUMBER OF BUSINESS FAILURES BY GEOGRAPHICAL DISTRIBUTION.
2.800

2.600

2,400

2.200

1,800

1.600

1.400

1,200

1.000

800

i i i
>

(916

it
I

i

§

1917

1918

GOLD AND SILVER.

Gold receipts at the mint in April totaled 65,043
fine ounces as against 64,494 ounces in March and
71,768 ounces in April, 1922. The Rand output for
April declined, as did both exports and imports of
gold. The total imports of gold for the first four
months of 1923 amounted to $66,342,000, which is




i

1919

§

1920

1921

i
1922

! I I
11923

34 per cent less than the corresponding period of 1922.
Gold exports for the same period amounted to
$20,918,000, or 307 per cent greater than the total
exports of gold in the first four months of 1922. Imports and exports of silver declined during April as
did the price of silver at New York.

21
statistics have been greatly delayed. It is expected
that these difficulties will be overcome shortly and
Exchange on London declined in April, while
that the statistics can be brought up to date. Figures
French, Belgian and Italian exchanges increased
for imports during February, March, and April, 1923,
during the month. Exchange on Switzerland and the
have just become available. The imports of those
Netherlands also declined in April while Japanese yen
items usually reported in the Survey are given in the
rose during the month. Of the other important
accompanying table. Comparison is made with the
countries, exchange on India, Canada, Argentina,
quantities imported in the corresponding months of
Brazil, and Chile declined in April. The general
index of foreign exchange for April shows no change 1922. With the exception of tea, sugar, and vegetable
oils, the imports of the commodities here shown in
from the preceding month at 67.
quantities point to a marked increase in the volume
of our import trade during the first four months of
FOREIGN TRADE.
1923 as compared with 1922. In point of value, the
Owing to the much larger number of classifications total goods imported into the United States since the
required under the new tariff act and the difficulty in beginning of the calendar year was 54 per cent greater
getting the declarations properly made out, all import than the corresponding period a year ago.
FOREIGN EXCHANGE.

IMPORTS OF SPECIFIED COMMODITIES.
Percent-

1922

1928

age
—

CUMULATIVE TOTAL,
CALENDAR YEAR.

increase

(+) or de-

GRAND TOTAL IMPORTS
FOODSTUFFS:

Rice
Cofloo
Tea
Sugar
Vegetable oils

HIDES AND SKINS:

Total
Cattle hides
Calfskins
Sheep and Iamb skins
Goat and kid skins

TEXTILES:

Cotton
Wool
Silk
Fiber
Burlap

RUBBER
METALS:

Iron and steel.
Tin

PAPER:

Mechanical wood pulp
Chemical wood pulp
Newsprint paper

CHEMICALS:

Potash
Nitrate of soda




April.

February.

March.

April.

crease
(--) April,
1923, from
April,
1922.

1923

398,078

364,230

215,743

256,178

217,023

4-67.8

1,395,624

3,984
131,975
5,376
245,907
54,798

3,015
175,876
4,221
578,101
49,080

7,072
114,073

4,309
391,741
64,452

5,345
106,847
5,030
448,321
50,008

4,275
96,132
6,617
571,836
81,270

4,900
100,455
5,593
473,137
64,363

+44.3
+ 13.6
-23.0
-17.2
+0.1

thous. of lbs
thous. of lbs
thous. of lbs
thous. of lbs
thous. of lbs

49,033
30,535
3,332
6.608
5,832

51,414
28,361
3,144
8,076
8,638

63,200
40,024
4,234
8,182
6,839

35,190
23,286
3,013
2 294
5,563

30,344
14,908
1,971
4,517
6,908

31,935
16,348
1,702
3 780
8,708

bales
thous of lbs,
thous. of lbs.
long tons,
thous. of lbs

66,329
57,111
5,133
26,367
47,914

53,219
63, 706
6,154
30,213
55,231

37,068
77,047
4,170
29,752
52,825

54,761
27, 834
3,801
18,462
31,345

59,957
43,071
3,406
27,874
41,240

thous. of lbs,

63,258

73,114 | 73,488

66,744 I 64,215

thous. of long tons.
thous. of lbs.

67
12,429

105
18,366

16,802

12
9,295

short tons.
short tons.
short tons.

27,766
97,774
89,495

25,143
82,078
112,340

17,186
70,401
111,712

lonp tons.
long tons.

17,050
86,302

22,226
121,134

25,077
98,577

Fobruary.

March.

thous. of dolls

303,413

thous. of lbs
thous. of lbs
thous. of lbs
„
ion}? tons
thous. of lbs

1922

; Porcenti
age
increase
; ( + )orde; croase(—)
i cumulaj tivo 1923
I
from
I 1922.

906,129

+54.0

25,992
537,532
22,644
1,455,783
231,442

23,159
422,787
24,200
1,808 233
244,701

+ 12.2
+ 27.1

+97. 9
+ 144.8
+ 148.8
+ 116.5
-21.5

222,974
132,040
15,296
32,263
29,163

125,302
70,476
8,958
13,804
26,709

+ 77.9
+ 87.4
+ 70.8
+ 133.7

15,115
38,988
3,087
15,212
37,200

+ 145.2
+97.6
+ 35.1
+95.6
+42.0

261,831
254,177
21,060
133,438
216,983

171,926
132,045
14,887
76,160
147,565

+52.3
+92.5
+41.5
+ 75.2
+47.0

43,407

+ 69.3

292,512

228,378

+ 28.1

14
15,783

19
10,526

+300.0
+59.6

367
60,761

58
44,708

+532.8
+35.9

9,138
66,443
82,390

12,425
48,376
78,031

11,797
65,140
77,369

+45.7
+ 8.1
+44.4

102,562
366,679
420,535

54,280
275,484
320,272

+ 88.9
+ 33.1
+31.3

20,793
19,160

21,925
23,452

24,883
29,891

+0.8
+229.8

87,574
415,077

85,192
81,973

+ 2.8
+406.4

j

j

— 6.-5
-19.5
—5.4

+9.2

22
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS IN BASIC INDUSTRIES.
(Monthly average 1920=100.)

\ >

130

if

i2Q

t

V

NO

CQ

100

D
Z

\

$

A ,

>

Q
Z

i
\

si
*i

\

.£
>

\
\

If

\

i
>

\

a\•

%

1920 AVERAGE

A
v|
t\\

/

r

62

/

r

,

1

1
/

70

9

/

4

N

50




$

8
[

1920

I

in.

—

1921

J

/

1922

1923

PRODUCTION, STOCKS, AND WHOLESALE PRICES.
(Monthly average 1919=100.)

1923

23

INDEX NUMBERS OF PRODUCTION AND MARKETING.
In recent numbers of the Survey there have been
published detailed discussions of certain index numbers of production and marketing dealing particularly
with raw materials. The following tables give the
recent figures for each of these index numbers, compared with the corresponding months of 1922. The
methods of compiling these indices and the weighting
factors used are discussed in detail in the issues of the
Survey referred to.

INDEX NUMBERS OF MANUFACTURING PRODUCTION. 1

Feb.
Total index
FOODSTUFFS:

Meats
Wheat four . . .
Sugar meltings
Ice cream
Butter
Cheese
Condensed milk
Glucose and starch
Oleomargarine (production)...
Rice

COMBINED PRODUCTION INDEX NUMBERS.

(Relative monthly production 1919=100.)

Total
1923
1922
Maxi- Minimum mum 1921 1922 !
j
since since aver- aver- j
end of end of age. age. Mar. Apr. Feb. Mar. Apr
1919. 1919.

1923

1922
Apr.

82.1

96.7

99 3
83 2
127.8
49.0
90 9
50.7
51.8
109.9

93 9
87.1
164.6
65.7
107.2
67.6
61.7
123.5

83.7
70.5
163.6
92.2
115.9
74.3
69.4
77.8

47 6
166.8

52.0
195.9

45.3
81.7

86.3

95.3

95.8
116.8

92.7 j
i
'
j
i
j

Feb.

Mar.

109.3

126.7

107.2
85.0
105.4
25O.O
2 80.6
2:43.3
2 32.0
104.0

120.2
95.6
157.0
2 72.2
4
95.7
2 60.0
2 46.2
115.8.

60.8
91.8

2 69.9
107.0

Apr.

149.6

102.7
115.7

85.3 '

2 89.7 2102.5

105.4
131.2

89.9
92.5

114.9
125.8

126.3
135.4

117.0
122.6

103.2

114.5

90.8

118.8

129.5

119.0

64.0
71.0
19.7

79.8
96.5
17.5

81.3 i 117.5
118.8
99.5
9.4 ! 92.8

138.2
138.5
126.5

139.2
135.2
97.3

67.2

89.8

92.0

117.2

140.4

133.5

Lumber
Flooring

88.8
131.9

100.4
146.9

101.7
97.6
148.9 ; 177.5

123.8
221.3

119.4
209.1

Total

96.5

108.7

110.1

141.2

135.4

77.2
90.5
*70.7
98.7 ! 109.8 8 130.1

90.1

3114.7

105.2

TEXTH.ES:

Cotton (consumption)
Wool (consumption)
Total

I

Mar.

1

IRON AND STEEL:

Manufacturing (total).
Manufacturing f62 identical commod.)
Raw materials, total..
Minerals
Animal products..
Crops
Forestry

Pig iron
Steel ingots

109.3 126.7

126.7

81.2

119.7
153.4
131.7
119.6
194.6
127.9

74.0
80.9 97.8 : 93.6; 88.6 100.9 122.7
72.9: 102.8 108.0! 93.6i 74.1
87.4 98.2 90. 5
93.3 99.0i 116.21 62.5 106.5 125.8 121. 1
62,5
79. 7! 97.5 106.3 102.5 106.9
95.4 113.6 111. 4
49.1! 112.1 112.6
77.8 54.5
73.4 74.3 61. 0
60. 6 85.5 109 9
99.3| 101.7
95.9 119.9 120. 4
I

INDEX

102.2!

OF F O R E S T R Y

96.7;

92.7'

Total
LUMBER:

LEATHER:

PRODUCTION.1

Sole leather
Boots and shoes

(Relative production 1919=100.)

Total
1922

1923

Wood pulp
|
Paper
'•
Printing (paper purchases). j
Consumption by printers,
newspaper printing —

Apr.

Feb.

Mar.

101.3

124.6

110.5

Total

80.4
51.7
114.4
109.4
137.7 : 128.3
79.4 i 65.7
112.1
80.7

103.3
139.8
175.1
80.9
119.6

169.1
146.4
139.9
71.0
110.7

CHEMICALS, ETC.:

Apr.

Mar.

I
Yellow pine
97 5 110 3
Western and sugar pine and
id
1
white fir
32.3
46 6
Douglas fir
..
109.5
109.1
Redwood
..
95.5 j 142.9
Hemlock
38 9
57 8
Maple, birch, and beech.. ..:
68.7
94.6
Total lumber
Pulp wood
Gum
Distilled wood

103.7

...!

88.8 1 100.4

101.7

97.6

123.8

121.7

...

76 2 i 109 7
47 9 : 53 6
71.6 : 83.7

107.3
96.7
63.3

91.4
63.9
123.1

108.1
64.3
132.1

111.8
113.0
119.9

85.7 i

101.7

95.9

119.9

120.4

Grand total

99.3

t For complete table and discussion see August, 1922 (No. 12), issue of the Survey.

I N D E X OF M A R K E T I N G S OF A N I M A L

Coke
Petroleum products
Cottonseed oil....
Turpentine and rosin
Total
STONE, CLAY, AND GLASS:

Brick
. . .
Glass bottles
Cement
Total

Total metals, exrept iron

1

Apr. | Feb.
:

87.8

102.5

75.2 ;
69.0
9G.7
61. S
86.4 ;
; 75. s ;
123.7
101.9 |

61.1
79.0
91.3 i
64.7
163.9

Total
Wool
Cattle and calves
Hogs
Sheep
Eggs
Poultry
Fish
Milk

1923

Mar.

i

106.9

51.2
71.6
82.1
54.2
245.0
66.6 1 56.5
107.3 I 75.8
117.9 ! 115.1

(

Mar.

95. 4 i 113.6
33.6
69.5
120.1
60.3
86.3
119.3
67.1
106.9

!

52.4
7V2
:
131.8
I 63.1
1
178.8
!
86.6
j 89.4
122.5

87.8

97.1

86.3 i 1 1 1 . 5
97.3 1 115.1
123.2
109.5

105.5 i 9 9 . 1
111.2
102.4
119.1 2128.9
107-0
127.0 j 2138.2

54.9
117.4
137.6

105.5

119.3

124.4

116.2

' 103.9

119.1

114.3

118.5 2132.7

63.7
i 113.4
76.1
51.0

77.9
127.8
61.1
57.2

74.8
124.0
20.4
98.0

116.6
140.4
84.3
66.6

135.9
153.0
52.2
67.4

135.3
151.8
33.9
113.8

|

96.0

105.9

100.3

124.0

131.0

130.8

;

58 4
81 0
63.9

85 4
67 0
99.9

89.2
79 0
138.1

93.7 ' 96.6
79 0
82 0
120.8 147.7 j

68.9

81.7

97.4

95.8

134.1

:

92.9
169.2

102.4

29.0 : 32.6
69.4
66.7
178.7 | 200.8
113.0 ; 107.9
1

114.2

98.7 »123.2 !
111.0 ! 127.4
189.9 1 22.5.5
126.2 ; 149.8

111.9
122.5
198.6
138.5

140.4 3 167.7

151.4

96.3
90.4
106.4

93.9

115.4

91.8
75.9
70.6

107.9 j

89.8
82.1 ;

88.8
85.1
78.0

92.2
86.1
104.4

76.9

90.3 I

83.1

94.3

9.8
1.8
105.0 i 133.5
112.0
124.3

6.1
168.1
158.9

TOBACCO:

Manufactured tobacco and
snuff
Cigars
Cigarettes

Apr.
111.4

Total

45.5
81.4
115.5
63.9
188.3
62.8
87.1
122.6

MlSCELLANFOFS:

For complete table and discussion, see June, 1922 (No. 10), issue of the Survey.




96.4

Copper smelting and refining
.'
46.1
Zin^ smelting and refining. 58.9
Enamelware
142.2
Lead
113.5 i

(Relative marketings 1919=100.)

Feb.

85.6

METALS, EXCEPT IRON AND
STFEL-

PRODUCTS.1

1922

78.5
107.8

PAPER AND PRINTING:

i
: Feb.

78.1
90.4

111.9
1

Shipbuilding..
Automobiles..
Rubber tires..
Total.
1

10.9
74.4
85.7
53.1

70.6 ;

81.2

103.1
63.5
113.9
90.5 ;

97.7

7.1
214.6
193.1

11.1
232.2
178.0

104.1 ; 130.5

134.7

For complete table and discussion, see January, 1923 (No. 17), issue of the Survey.
2 Subject to revision; partly estimated.
* Revised

24
INDEX OF MINERAL PRODUCTION. 1
(Relative production 1919=100.)

INDEX OF CROP MARKETING. 1
(Relative production 1919=100.)

1922

1

1922

Feb.
Feb.

Mar.

Apr.

Feb.

Mar.

Total production
:

73.4

74.3

61.0

174.9 ,
69.1 i
93.4 j
43.9
92.3
64.9

113.2
69.5
87.6
32.3
100.9
86.8

77.8

389 0
72.1
93.0
30.4
39.8
162.9

207.0
64.2
79.6
42.5
81.6
213.6

Total grains

151.6

101.9

96.5

81.9

Potatoes (white)
Sweet potatoes
Tomatoes..
Onions
Cabbage
Celery

90.4
133. 5
44.3
58.7
145. 8
259.0

1*8.2
133.9
210. 5
41.6
200.9
327.7

91.7
134.1
91.1 ; 145. 3
74.9
232.1
SO. 3
178.3
188.0 •• 1 0 4 . 8
340.4
211.4

152.7
149.4
187.8
81.2
123.7
466.9

144.8
97.4
192.4
76.7
171.5
310.6

93.6

154.3

144.8 J 98.6

157.6

147.4

68.9

43.2

25.9 j 92.1

77.4

39/7

204.6

183.2

6*i.6

74.8

220.3

Corn
Wheat
Oats
Barley
Rye
.
Rice

....

Total vegetables
Apples
Citrus fruit
Grapes. .
Pears
Strawberries
Total fruits
Cotton
Cottonseed
Total cotton products
Hay
Tobacco
Flaxseed
Cane su^ar
Total miscellaneous .

.1
. I

128.5

180.2

0.5

0.1

54.5

97.0 ' 208.6
68.6
49.6
83.2
48.6
33.0
24.3
119.1
35.5
64.4
50.7
60.1

103. 8

178. 9

i37.8
:

!

Feb. I Mar.

Apr.

34.9
113.5
59.6
]
67.6
'< 82.1

Total, excluding lead, gold, |
and silver
;

36.4

57. 5

61.0

64.6 !

81.3

82.3

72.2

45.5
38.5

51.1
18.5

42.2
6.1

39.0
26.2

43.1
16.3

29.0
6.0

44.5

46.3

36.8

37.1

39.1

25.6

60.6
91.0
35.7
35.5

56.9
23.9
49.8
11.1

54.0
5.6
32.1
14.8

57.2
42.6
39.6
18.5

69.1
27.5
50.7
8.9

67.1
5.2
71.5
11.0

74.2

35.6

24.4

45.9

41.7

30.0

106.5

125.8

121.1

153. 5
110.4
75.2

178.0
122.6
121.2

184 4
111.5
109,8

95.7
126.2
112.6
73.4
100.1

114.0
149.8
129.3 1
65.5
129.4 :

110.5
142.7
124.0
66.0
140.1

96.5

117.3

106.9

126.4

61.4 |

1

For complete table and discussion, see September, 1922 (No. 13), issuo of the
Survey.
INDEX OF MINERAL PRODUCTION.1
(Relative production 1909-1913=100.)
!|

1922
Feb.

15.6

62.5

147.9
141.6
131.5 | 41.3
0.4
119.3
1.9
58.1
71.9
113.0
109.9
67.6
70.1
72.9
71.7
88.6
87.6

96.1 | 116.2
129.4
107.3
92.1

...

4.3

i For complete table and discussion, see July, 1922 (No. 11), issue of the Survey.




Petroleum.
Bituminous coal.
Anthracite coal..
Iron ore
Copper
Lead
Zinc . .
Gold
Silver

6.3

0.2
35f?0

Mar. j Apr.

Apr.

90.3

Grand total

1923

1923

Total
Petroleum
Bituminous coal
Anthracite coal
Copper
Lead
Zinc
Gold
Silver
Total, excluding lead, gold,
and silver
1

1923

Apr. ! Feb. i Mar.
1

Mar.

99.1 ' 120.8 i

67.8 ! 114.4

Apr.

134.7

129.4

225. 8 25S. 0 240.9 ij 207. S , 310.5
44.4 | ii8.7 ; 131. 8
141.3
115.3
123.6
0.4 : 76.7
93.9 ; 121.7 !
j 39.1 ! 65.2 i 80.5 • 107.3
127. 8 i
124.5 ; 119.0
125.2
130. 0 165. i !
112.1
179.9 2 206. 5 1
108.0
95.2
41. 6 !
46.6
42.9 | 45.5 j 46.3
121. 1 l
93.7
76.8 \ 82.9 | 82.0
103. 9

128.1 !

!

68.2 | 120.2

J

321.6
119.8
112.0
123.8
157.3
198.1
41.9
131.1

142.5 ! 136.4

I

!

For complete table and discussion, see May, 1S22 (No. 9), issue of the Survey.
«Revised.

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. The numerical data for the latest months are given and in addition index numbers for the last four months and for two
corresponding months of a year ago. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness
of their publication or publication at other than monthly intervals; therefore the following explanations of the various headings are offered
to make clear such distinctions and in general to facilitate the use of the table:
March, 1923.—This column gives the March figures corresponding to those for April shown in the next column—in other words, cover
the previous month, and in some cases, where indicated by a footnote, refer to the previous quarter; that is, ending December
31, 1922.
April, 1923.—In this column are given the figures covering the month of April, or, as in the case of stocks, etc., the situation on
April 30 or May 1. In a few cases (usually where returns are reported quarterly only) the figures are for the quarter ending
April 30 or the condition on that date. Where this column is left blank, no figures for April were available at the time of going
to press (June 7).
Corresponding month, March, 1922, or April, 1922.—Thefiguresin this column present the situation exactly a year previous to those
in the "April, 1923," column (that is, generally April, 1922), but where no figures are available for April, 1923, the March, 1922,
figures have been inserted in this column for comparison with the March, 1923, figures. In the case of quarterly figures, this
column shows the corresponding quarter of 1922.
Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total
for the first four months of the calendar years 1922 and 1923, respectively, except where the April, 1923, figures are lacking, in
which case the cumulative total for three months in each year is given.
Percentage increase (-}-) or decrease ( —) cumulative, 1923 from 1922.—This column shows the per cent by which the cumulated total
for the four months ending April, 1923, is greater (+) or less ( —) than the total for the corresponding period ending April, 1922.
Base year or period.—For purposes of comparison with a previous more or less normal period, all items, so far as possible, are related
to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period
stated in this column. Wherever possible, the year 1913 is taken as a base, and if no pre-war figures are available, 1919 is usually
taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even
1921, and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some
industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more
representative year has been chosen.
Index numbers.—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and
for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base
period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will
be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index
number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to
compute the approximate per cent increase or decrease from one month to the next.
Percentage increase (-)-) or decrease ( —) April from March.—The last column shows the per cent increase or decrease of the figure for the
last month compared with the preceding month.
NOTE.—All import figures are omitted from this table.

February, March, and April imports are given on page 21.

NUMERICAL
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

March,

April,
1928.

I N D E X NUMBERS.

DATA.

Corresponding I
month, j
March I
or April, |
1922. I

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

Per.
centage
in! crease

1923

j or deli crease
1922

1928

208,996

240,534 + 15.1

Mar. Apr. i| Jan. Feb.

Apr.
Mar. Apr. ijj from
Mar.

TEXTILES.
Wool.
Consumption by textile mills,
grease equivalent
thous. of lbs..
Receipts at Boston:
Domestic
thous. of lbs.. I
Foreign
thous. of lbs.. j
Total
thous. of lbs..
Machinery activity:
Looms, wide
per ct. of hours active..
Looms, narrow
per ct. of hours active..
Looms,
carpet and rug.. .per ct. of hours active..
Sets of cards
per ct. of hours active..
Combs.
.per ct. of hours active..
Spinning spindlesWoolen
per ct. of hours active..
Worsted
per ct. of hours active..
Looms and spindles:
Woolen spindles, .per ct. of active to total..
Worsted spindles, per ct. of active to total..
Wide looms
per ct. of active to total..
Narrow looms
per ct. of active to total.. I
Carpet looms
per ct. of active to total..




62,859
9,337
55,200
64,537

56,411 I
8,109 ji
45,497 j!
53,586 I

42,574 ]
9,655
24,539
34,194

47,786
78,486
126,272

30,159 - 3 6 . 9
180,628 +130.1
210,787 + 66.9

1921

137 | 96 |j 144 !

1913
1913
1913

;!
I
50 I 44 j 69
81
72 !
740 j 775 1,046
550 | 465
244
250 ! 344

213 I 182 !
|
|

j

131 142

i

92.9
85.7

89.5
83.7

58.4
53.4

1921
1921

87.1
103.9
117.2

82.5
127.3
119.8

74.8
86.2
72.7

1921
1921
1921

152 ; 146 ! 168 i 160
121
133 ! 133
124
82 < 116 ' 105

98.6
102.1

102.0
109.5

84.8
62.1

1921
1921

119
86

118 ; 127
76 I 116

83
62
60
64
70

1913
1913
1913
1913
1913

109

108 ; 110
101 : 84 ! 122
109
88
81

90
94

87

90 ;
94 j:
87 |
85
86 I

- 10.3

60 - 13.2
862 - 17.6
286 - 17.0

130
131

- 3.7
-2.2

170
145
132

161
178
134

-5.3
+ 22.8

132

137

142

117

125

134

3.6
7.2

113

117

117

0.0

123 ; 127

127

0.0

92 j 85 ! 126 ! 116 | 135
99 ; 84 ; 131
116 134

99
88 j 118
i; ii6; lie i 126

128

+

1.5

112 ! 116
118 +
118
118 ! 116 I-

1.7

128 i 126 I-

1.6

125

1.7

26
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (•)
have not been published previously in the
SURVEY or are repeated for special'reasons:
detailed tables covering back figures for these
items ^T ill be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

March,
1923.

CUMULATIVE TOTAL
THROUGH
LATEST MONTU.

Corresponding
month,
March
or April,
1922.

April,
1923.

1922

INDEX NUMBERS.

Per;ccntage
I increase

1928

I (+)
! orde-

i crease

cumulative
1923 !
from I
1922.

BASE
YEAR
OR
PERIOD.

Percentage
increase

1928

1922

(+

J

or decrease

(-)

Apr.
from
Mar.

Mar. Apr. Jan. Feb. Mar. Apr.

TEXTILES—Continued,
Wool—Continued.
Prices:
Raw wool to producer,
all grades
dolls, per l b . .
Unwashed, fine Ohio, Boston.dolls, per l b . .
Worsted yarn
dolls, per l b . .
Wool dress goods
dolls, per yd..
Men's suitings
dolls, per yd..

1913
1913
1913
1913
1913

150
177
161
145
184

149
173
167
145
184

211
236
219
169
221

211
236
225
176
227

+

5.1
0.0
0.0
0.0
0.0

2,377,800 + 21.2

1913

108

92

127

118

-

7.3

261,831 + 52.3
1,414,056 - 24.5

116
213
116
295

109
182
110
74
84

148
198
109
518
65

150
159

171,926
1,874,043

1913
1913
1913
1913
1913

i L

7.2
17.3
38.7
30.3
17.4

163,765

1913
1919
1919

131
141
84

139
129
76

105
164

46,894

169,270 + 3.4
48,936 + 50.7
61,264 + 30.6

366,323 1,424,190
273,626 1,025,131

1,721,522 + 20.9
1,595,827 + 55.7

1919
1919

104
72

96
61

105
125

104

1913

105

104

117

117

.373
.51
1.750
1.035
3. 510

.392
.51
1.750
1.035
3. 510

.248
.38
1.300
.815
2.835

623,105

577,396

443,509

2,035
2,378
2,335
53,219
318,210

1,889
1,966
i,432
37,068
262,753

1,461
3,213
3,399
15,115

48,885

44,741
12,509
16,181

51,615
8,624
11,147

Cotton.
Consumption by textile mills
bales..
Stocks, end of month:
Mills
thous. of bales..
Warehouses
thous. of bales..
Visible supply
thous. of bales..
Imports, unmanufactured
bales..
Exports, unmanufactured
bales..
Manufactured goods:
Cotton cloth exports
thous. of sq. yds..
Fabric consump. by tire mfrs. thous. of lbs..
Elastic webbing sales
thous. of yds..
Fine cotton goods:
Production
piece
Sales
pieces..
Machinery activity, spindles:
Active
thousands
Total activity
mills, of hours..
Activity per spindle
hours
Prices:
Raw cotton to producer
dolls, per lb..
Raw cotton, New York
dolls, per l b . .
Cotton yarn
dolls, per l b . .
Printcloth
dolls, per yd..
Sheeting
dolls, per yd..

13,5%
17,223
497,511
440,066
35,501
9,531
255
.284
.307
.502
.082
.128

423,201
215,503
35,516
8,787
236

31,390
6,636
180

.269
.290
.495
.079
.129

32,473

131,459

141,566 +

7.7

327
49

-8.5
- 8.0
-6.1
- 14.9
- 51.0
117

Production
doz
Orders received
thous. of doz
Shipments
doz
Cancellations
doz
Unfilled orders, end of month.. .thous. of doz..
bales.
bales.
dolls, per lb.

688,500
559

1913
1913
1913
1913
1913

133
143
143
173
157

133 216
142 | 215
141 !j 192
227
173
197
148

231
226
197
232
206

237
240
203
238
208

1.7
5.4
27.6
7.6

1920
11920
»1920
11920
U920

113
458
141
24
306

107
110
407 1,157
185
117
46
46
320
587

106
497
182
20
511

116
554
189
22
432

149 I 140 i I 195 203 188
77
87
43
38
166 179
225 ! 241 237

214 + 14.0
56 | l - 27.3
256 !+ 8.0

.159 j .
. 1 8 1 I.
.350 j .

.060 |.
.091 .

865,800
10,800
2,168

33,515
39,436
8.624

674,100 ;
367 I
654,300
11,700
2,162

0.0
7.8
7.5

117

224
226
200
229
210

}!;|j|II11+
!i

5.3
5.5
1.4
3.7
0.8

114 ; ! -

2.1

!
|

K n i t Underwear.

Silk.
Consumption, raw
Stocks, raw, end of month
Prices, raw, Japanese, N. Y

1,962,304

648,000 2,580,300
411
2,460
535,500 2,511,900
22,500
59,400

2,624,400
25,950
3,207,600
54,900

+
,+
!+
-

1,607

- 34.4
143 I - 24.5
23 j + 8.3
430 0.3

364

38,193
28,657
9.310

24,247
19,268
6.517

106,847

142,619 + 33.5

8 1920
1920
1913

3,548
3,948

2,072
2,906

7,383

13,293 + 80.0
15,326 + 58.1

1913
1913

80
112

81
115

126 j 117 ; 138
153 j 138 I 160

139 |l+ 0.8
156 I - 2.4

533
220
514
1,643

247
792
379
1,484

921
1,785
1,212

1,932 +109.8
2,332 + 30.6
1,900 + 56.8

1914
1914
1914
1914

67
153
104
82

65
240
114
114

121 ! 115 133
279
152 209
127 130 | 159

141 j +

1914
1921

71
96

59
82

METALS.
Iron a n d Steel.
Production:
Pig iron.
thous. of long tons.
Steel ingots (prorated).thous. of long tons.
Merchant pig iron:
Production
thous. of long tons.
Sales
thous. of long tons.
Shipments
thous. of long tons.
Unfilled orders
thous. of long tons.
Stocks, merchant
furnaces
thous. of long tons.
Stocks, steel plants
thous. of long tons.

3,521
4,044
503
920
530
1,918
24C
G5

2G5 i
67 i

i Six months' average, July to December, inclusive.




445
154

95

116 I 147

36

37 |

32

40

38 |

35

3 Eleven months' average, February to December, inclusive.

6.0

67 ! i - 76.1

154 - 3.0
126 - 14.3
+
+

8.1
3.1

27
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items ""'ill be found at the end of this bulletin
For detailed tables covering other items, see
the last quarterly issue of the SUBVEY ( N O .
21).

MET ALS—Continued.
Iron and Steel—Continued.
Steel castings:
Total bookings
short tons..
Railroad specialties
short tons..
Miscellaneous bookings
short tons..
Exports (comparable)
thous. of long tons..
Exports (total)
thous. of long tons..
Unfilled orders, U. S. Steel Corp.,
end of month
thous. of long tons..
Foundry production, Ohio, .per ct. of normal..
Wholesale prices:
Pig iron—
Foundry No. 2,
Northern
dolls, per long ton..
Basic,
Valley furnace.. .dolls, per long ton..
Steel billets, Bessemer.dolls, per long ton..
Iron and steel
dolls, per long ton..
Composite pig iron
dolls, per long ton..
Composite steel
dolls, per 100 lbs..
Compositefinishedsteel.-dolls, per 100 lbs..
Structural steel beams, .dolls, per 100 lbs..
Finished Iron and Steel.
Sheets, blue, black, and galvanized:
Production
short tons..
Per cent of capacity
Shipments
short tons..
Sales...
short tons..
Unfilled orders
short tons..
Unsold stocks
short tons..
Total stocks
short tons..
Steel barrels:
Shipments
barrels.
Production
per ct. of capacity.
Unfilled orders
barrels.
Structural steel:
Sales (prorated)
short tons.
Sales
per ct. of capacity..
Iron and Steel Products.
Locomotives:
ShipmentsTotal
number.
Domestic
number.
Foreign
number.
Unfilled ordersTotal
number..
Domestic...,
number.
Foreign
number.
Freight cars: Orders, domestic
number.
Snip construction:
Vessels under
construction
thous. of gross tons.
New vessels
completed
thous. of gross tons.
Stokers:
Sales
number..
Sales.
horsepower..
Steel furniture, shipments
thous. of dolls..
Agricultural pumps:
Shipments^—Total
thous. of dolls..
Pitcher, hand, etc
number
Power pumps
.number




1

March,
1923.

143,564
76,409
67,155
135
166

April,
1923.

39,610
51,358
141
179

7,403
83.20

7,289

32.27

Corresponding
month,
March
or April,
1922.

75,665
46,560
29,105
185
201

I N D E X NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

195,096
109,010
86,086
617
707

425,289
203,743
221,546
490
604

(+)

or decrease
(-)
cumulative

BASE
YE\R
OR
PERIOD.

1923
from
1922.

+118.0
+ 86.9
+157.4
- 20.6
- 14.6

1922

1923

(+)

or decrease
Mar. Apr.

Jan.

1920

72

114

152

136

217

138

1920

90

176

181

150

288

1920

61

74

133

127

170

149 130 -

1913

78

81

46

48

59

1922

124

119

74

80

1913

76

117

123

125

1921

193

234

287

327

402

32.77

22.71

1913

131

142

180

183

202

30.13
44.38
45.04
30.36
2.83
2.70
2.20

31.00
45.00
47.01
31.44
2.99
2.81
2.60

20.00
29.50
34.42
20.77
2.16
2.08
1.50

279,475
92.7
287,203
325,526
619,823
29,084
136,347

254,808
90.9
253,563
183,904
577,969
24,470
140,044

184,979
75.2
177,855
264,629
395,620
34,166
101,863

559,792

254,573
48.1
627,143

245,125
50.1
556,801

200,214
36.1
350,445

559,736

240,000

200,000
80

220,000

623,100

269
13

217
201
16

21
13
8

2,316
2,214
102
42,500

2,204
2,111
93
9,800

617
515
31,500

270

241

212

25

39

34

132

100 - 24.2

1919

«120
» 68,955
1,709

167

125

561 + 41.3
304,183 + 50.9
5,899 + 44.0

50

53

62

55

51

62,027
1,058

397
201,563
4,097

1919

85,339
1,520

1919

132

118

158

126

131

1919

120

117

150

144

188

517,391
712,965

1,006,911 + 94.6
1,015,116 + 42.4

178
99
79

827,500 + 34.0

935 +425.3
883 +791.9
52 - 34.2

- 36.6
48.2
23.5
62
4.4
106 + 7.4
123

-

1.5

205

+

1.5

+
+

1913

122

136

175

179

205

211

1913

109

114

145

154

172

175

1913

125

131

156

162

171

179

1913

125

135

177

181

197

204

1913

122

126

151

158

165

174

1913

122

125

149

157

163

169

1913

96

132

139

146

172

1920

97

108

152

139

163

149

1920

94

103

127

122

128

125

1920

87

103

144

127

167

147

1920

193

188

179

180

231

131

2.9
1.4
4.4
3.9
5.7
4.1
+ 18.2

8.8
1.9
- 11.7
- 43.5
- 6.8
- 15.9
+ 2.7

1920

46

57

74

79

90

84

1920

817

611

577

521

520

438

91

117

132

122

125

219 - 3.7
288 + 4.3
237 - 11.2.

1920

899,711 + 60.7

(-)
Apr.
from
Mar.

Feb. Mar. Apr.

5,097
48.40

1,032,722 + 84.5

Percentage
increase

1921

150

179

184

173

227

1921

159

207

182

236

276

U921

120

149

221

257

267

1913

202

230

207

209

249

1913

154

176

150

159

190

209 159 -

15.8
16.3

- 23.0
183 - 25.3
18 + 23.1

1913

13

75

68

92

1920

32

197

178

245

1920

4

13

12

15

1920

25

135

168

175 |

1920

29

190

239

248

!

102
69,000

73,490 +

6.5

1920

17

21

18

24

1913

114

128

74

405

1920

17

18

26

24

23

10

4

646
75,371
3,635

476
44,123
2,858
Six months average, July to December, inclusive.

«Revised.

167
236
22
93

-4.8
-4.7
-8.2
- 76.9

21 -

10.7

+ 56.0
71 + 39.2
162 + 23.8
167 - 11.1

28
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

INDEX NUMBERS.

Percentage
increase

centage
iin«
icrease

NOTE.—Items marked vith an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasonsdetailed tables covering back figures for these
items ^ ill be found at the end of this bulletin.
For detailed tables covering other item^, see
the last quarterly issue of the SURVEY (NO.
21).

April,
1023

Corresponding
month,
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

I (+)
I1 or decrease
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

1923

Mar. Apr.

(+

J

or deerease
(-)
Jan. Feb. Mar. Apr. Apr.
from
Mar.

M E T ALS—Con tinued.
Copper.
Production
Exports
Wholesale price, electrolytic

thous. of lbs.. '1^,202
64,394
thous. of lbs..
.169
dolls, per l b . .

Zinc.
Production
Stocks, end of month
Receipts, St. Louis
Shipments, St. Louis
Price, Blab, prime western

thous. of lbs..
thous. of lbs..
thous. of lbs..
thous. of lbs..
dolls, per l b . .

Stocks, end of month
Wholesale price, pig tin
Lead.
Receipts, St. Louis
Shipments, St. Louis

118,424
64,353
.169

77,026
70,145
.126

202,695
256,090

455,608 +124.9
254,115 - 1 . 1

1913
1913
1913

61
115
81

97,462
20,042
35,366
22,506
.082

93,732
17,952
28,851
17,498
.077

51,012
103,456
15,854
13,132
.052

196,514

368,714 + 87.6

1913
1913
1913
1913
1913

92
148
73

long torn..
dolls, per l b . .

4,067
.489

3,577
.463

2,731
.305

1913
1913

167
65

thous. of lbs..
thous. of lbs..

14,828
7,939
.085

16,470
6,814
.083

15,434
6,108
.051

66,770
28,734

1913
1913
1913

84
107

46,807
8,900
1,749
3,256

42,564
8,063
1,776
3,206

15,780
26
528
2,227

144,524
21,803
2,305
8,062

1913
1913
1913
1913

126
115
26
202

4,727
•148

4,479
327

3,597
2,775

14,689

18,285 + 24.5

1909-13
1921

118
125

1,220
400
98

1,385
422
202

715
109

3,360
903
115

4,503 + 34.0
1,508 + 67.0
449 +290.4

1909-13
1909-13
1909-13

108
102
34

4.89
a 17
10.63
7.31

4.89
2.79
10.62
6.31

3.60
2.24
10.66
4.48

1913
1913
1913
1913

164
172
200
133

9.96

8.84

8.77

1913

182

14.13

13.68

13.14

1913

189

66,153 |
97,820 ;

87,119 + 31.7
67,731 + 30.8

75
100

110
107
93

120
91
108

116 - 3.1
91 - 0 . 1
108
0.0

160
41
43
48
125

162 - 3.8
147 169
22 - 10.4
27
25
40 j 128 104 - 18.4
50 I 79 62 - 22.3
133 - 6.1
130 141

148
68

182

Ill
94

220
109

194 - 12.0
103 - 5 . 3

282
70.
116

255
78
178

215
62
185

271
91
193

301 + 11.1
78 - 14.2
188 - 2 . 4

40

106
102

19
210

126
114
53
293

265

117
117
62
307

107
106
63
303

111
104

147
4

133
4

146
6

138 - 5.9
7 + 20.2

124
107

73
115
97

111
138
134

126 + 13.5
147 + 5.5
277 +106.1

164
182
201
183

256
354
200
338

222
292
200
292

222
258
200
300

0.0
222
227 — 12.0
200 - 0 . 1
259 - 13.7

182

228

224

207

184 - 11.2

207

214

203

196 -

127
57
46
90

Tin.

Wholesale price, pig, desilverized, dolls, per l b . .
F U E L AND P O W E R .
Coal a n d Coke.
Production:
Bituminous coal
thous. of short tons..
Anthracite coal
thous. of short tons..
Beehive coke
thous. of short tons..
By-product coke
thous. of short tons..
Public-utility
electric power
mills, of kw. hours..
Storage, anthracite
thous. of long tons..
Exports:
Bituminous
r.; thous. of long.tons..
Anthracite
thous. of long tons..
Coke..
thous. of long tons..
Wholesale prices:
Bituminous—
Kanawha, f. o. b .
Cincinnati
dolls, per short t o n . .
Mine average
dolls, per short tons..
Anthracite, chestnut.. .dolls, per long ton..
Coke, Connellsville
dolls per short ton..
Retail prices:
Bituminous, Chicago.. .dolls, per short ton..
Anthracite, chestnut,
New York
dolls, per short ton..

57,028 — 14.6
26,977

181,654
33,449
6,485
12,372

+ 25.7
+ 5a 4
+181.3
+ 53.5

- 9.1
-9.4
+ 1.5
-1.5

3.2

Petroleum.
Crude petroleum:
Production
thous. of bbls.
56,123
175,224
44,635
216
58,133
225
214,145 + 22.2
1913
249
271
234
281 + 3.6
Stocks, end of month
thous. of bbls. «258,738 « 264,627
235,902
225
211
1913
241
247
243
252 + 2.3
Stocks, end of month
days' supply.
139
173
149
143
126
1913
121
120 123 + 2.9
124
Consumption
thous. of bbls. •57,591
172,607
40,997
55,707
188
216
220,918 + 28.0
1913
226
228 264 255 - 3.3
5,840
Impofts....
thous. of bbls.
11,059
50,837
4,915
786
22,840 - 65.1
944
1913
517 294 394 335 - 15.0
Shipments from Mexico
thous. of bbls. •13,222
18,663
71,153
864
800
1913
554
612
471
L850
Price, Kansas-Oklahoma.. .dolls, per bbl.
2.250
L825
241
341
1913
145
198
185
195 - 1.4
Oil wells completed
number.
1,248
1,442
1,025
'91
5,059
83
1913
76
78
102 + 30.2
5,175 + 2.3
Gasoline:
Production
thous. of gals.
630,701
472,278 1,315,124 1,823,176 + 88.6
143
1919
143
191
189
172
Exports
thous. of gals.
68,506
65,650
58,007
198,847
214 - 4.2
1919
172
189
259,034
191
218 223
Domestic consumption
thous. of gals.
440,000
380,407
926,050 1,256,692 + 35.7
154
1919
133
155
135
130
Stocks, end of month
thous. of gals. 1,259,209
854,232
212
1919
181
189
239 267
« Revised.
- Does not include stocks of topped oil or crude oil held at refineries; this omission reduced the January stocks by about 15,000,000 barrels.




29
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked v-ith an asterisk (*)
have not been published previously in the j
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items "ill be found at the end of this bulletin. ; March,
For detailed tables covering other items, see ! 1923.
the last quarterly issue of the SURVEY (XO.
21).
I

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

j Corresponding
month,
March
or April,
I 1922.

April,
1923.

INDEX NUMBERS.

Percentage
increase

j Pcr' centI age
! in192-2
1923
crease
i (+ )
| or deicrease
! (-)
Mar. Apr. Jan. \ Feb. Mar. Apr. Apr.
from
Mar.

or deI crease

cumulative
192.3
from
1922.

1922

1923

518,922

583,523 + 12.4

YEAR
OR
PERIOD.

FUEL AND POWER—Continued.

Petroleum—Continued.
Kerosene oil:
Production
Stocks
Gas and fuel oil:
Production
Stocks
Lubricating oil:
Production
Stocks..

thous. of gals. J
thous. of gals. J

190, 701
283,340

178,785 *
321,428

1919
1919

92
107

97
108

109
92

92
91

98
94

I
thous. of gals..; 970,891
thous. of gals.. j 1,254,122
thous. of gals..
thous. of gals..

849,106 ;

2,468,302

2,862,830

16.0

1,250,278

90,745
235,263

216,828

73,391

255,321

+ 17.8

236,886 '

134

125

1919

162

107 ;,

156
104

142
106

153
103

1919

104
147

103
147

123
149

110
148

129
146

1919

1919

!

PAPER AND PRINTING.
Wood Pulp.
Mechanical:
Production
Consumption and shipment..
Stocks, end of month
Chemical:
Production
Consumption and shipment..
Stocks, end of month

short tons..
.short tons..
short tons..
j
short tons. .J
.short tons. J
short tons..

124,175 154,768 |
120,386 j 124,915 j
60,163
89,180 j

127,286 ;

189,602

175,291 |

187,298 I

171,601

51,670

55,264

129,294
132,292
1,989

116,719 :

247,944
20,180
7,688
165,708
54,368
190,547

242,331 ;

3.770
3.748
3.840

118,023
1,475

18,876 j
8,314 '
165,455
49,086 ;
195,510 |

3.S27
3.791
3.852

499,121 ;
462,489 !

512,756 j| + 2.7

1919

119

122

108

487,493 !j + 5.4

1919

10S

105

108

1919

90

104

43

+ 16.4

1919

106

715,427 + 16.0

1919

104

90

113

1919

106

99

94

159,712 :

i

Newsprint Paper.
Production
short tons..
Shipments
short tons..
Exports
.short tons..
Stocks, end of month:
Total
short tons..
At mills
short tons..
Jobbers
short tons..
Publishers
short tons..
In transit to publishers
short tons..
Consumption
short tons..
Prices:
Contract, domestic
dolls, par 100 lbs..
Contract, Canadian
dolls, per 100 lbs..
Spot market, domestic, .dolls, per 100 lbs. .j

147,608

i
149,859
153,542
53,184
111,861
115,167
3,345
212,427
24,874
5,668
151,643
30,242
176,801

G23,lfi8 ,
616,827 |

725,353

432,962

488, 076 + 12.7

1919

103

432,022

488, 386 + 13.0

1919

102

9,509

5,722 - 39.8

1913

726,757 | + 11.4

3.570
3.497
3.548

111
100

108

93

30

83

101
102
88

100
104
89

101 j 103 + 1.5
103 I 104 |+ 1.1
90
90 + 0.3

102
121

92
118

128
123

117 ; 120 | 123 - 2.8
120 | 99 117 + 17.1

118
132

101
128

129
100

122 I
110 !

93

111

118 ; 104

90

1919

08 i

05

1919

108
07 ,
119

98

1919
1919
1919

100 ; 113 ! 102 11- 9..
100 ! 115 | 103 ;|- 10.8
33
55 I 41 ||- 25.8
108; 100
79
84 j
89 ! 96
107 I 107
133 i 121
134 ! 138

100

1919

1919

109
118 109 - 7.5
110 \ 117 j 107 ||- 8.4
95 ! 96 103 !+ 7.0

113
97
89
90
111
111
124 i 134
124 i 110

1919

1919

652,570 j

78 !

114

86 ; 103 128 |+ 24.6
92 ! 100 ; 104 j+ 3.8
38
39
58 |+ 48.2

97
95 !
84 !

74 i
124

90
90

- 2.3
- 0.5
+ 8.1
- 10.2
-8.6
!+ 2.6

Other Paper.
Book:
Production
short
Stocks
short
Paperboard:
Production
short
Stocks
short
Wrapping:
Production
short
Stocks
short
Pine:
Production
short
Stocks
short
Total, all grades (including newsprint):
Production
short
Stocks
short
Exports (total printing)
short

tons..
tons..

96,087
31,480

tons..
tons..

(t)
(t)

tons..
tons..

86,776
43,213

78,559 j
43,403 |
I

61,562

tons.
tons..

35,144
36,978

32,507 j

27,420

tons.
tons.
tons.

(t)
(t)
3,181

93,390 !

70,507

36,871 j

37,367 |

179,744 I
52,300 |

291,270 \

37(5,000

+ 29.1

1919
1919

164,327 j 656,537 !
69,756
259,529

587,24S

1919
1919

325,851 + 25.6

68,401
110,834

35,806
37,889 |
I
605,490 | 528,461 2,130,333
284,862
230,181
4,512
13,111
2,535

134,974 + 21.8

1919

! 119 ! 125 \\

1919

I 102
95

1919

1,884,407 - 115

1919
1919

10,156 - 22.5

121 ; 100 I! 143

1919

1919

115
121
23

88

135
89

Ill
I 96
150
136 - 9.5
79 ! 79 + 0.4

90 11 122 I 113 ! 123 I 113 - 7.5
97 || 105 i 108 i 100 \ 103+ 2.5
129 119
102
119
106 ; 110
29 I 13 ' 15

20

117
96
10 - 20.3

144 137
151
183 i 184 | 215

150 + 3.1
175 - 18.5

Paper Boxes.
Corrugated board:
Production (Container
Club)
thous. of sq. ft.
Production (Nat'l Ass'n)..thous. of sq. ft.
Machinery activity
per cent of normal.

161,661
166,271
83

166,644

116,198

389,556

135,539

34,916

132,203

627,713 '+ 61.1
585,325 1+342.7

1922

109
45

60

t March figures not available because of incomplete returns from manufacturers.




i 1919

1

Six months' average, July to December, inclusive.

30
TREND OF BUSINESS MOVEMENTS—Continued.
N U M E R I C A L ]DATA.

NOTE.—Items marked with an asterisk (•)
have not been published previously in the
SURVEY or are repeated for speciarreasons;
detailed tables covering back figures for these
items v ill be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

CorrespondMarcn,

innq

PAPER AND PRINTING—Continued.
Paper Boxes—Continued.
Solid fiber board:
Production (Container
Club)
thous. of sq. ft..
Production (Nat'l Ass'n). .thous. of sq. ft..
Machinery activity .per cent of normal..
Folding boxes:
Production
per cent of capacity..
New orders
per cent of capacity
Other Paper Products.
Labels:
New orders
per cent of capacity..
Rope paper sacks: Shipments .index number
Abrasive paper and cloth:
Domestic sales
.
. .reams..
Foreign sales
reams..

A nril
April,
1091

ing

month,
March
or April,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
(+) ;
THROUGH
| or de- |
LATEST MONTH. 1 crease

BASE
YEAR

1923

1922

(+)

OR
(-) !
cumu- i PERIOD.
lative
1923
from
1922. ;

1923

1922

or decrease
(-)
Apr.
Jan. Feb. Mar. Apr. from
Mar.

Mar. Apr.

j

|

I

Percentage
increase

I.

1

j

i
56,979
25,698

56,287
27, lid

55,625
14,659

78

78

76

67.9
74.0

66.1
70.0

69.5
64.2

106.9

94.6

85.0

210,911
52,953

231,537 + 9.8 ;
118,632 +124.0

72,930
7,745

264,111
26,233

109

129

103

1922

76

67

135

164

112
117

123

Ill

+
+

2.4
5.5

-

2.7
5.2

1921

146

151

145

121

148

144

148

134

121

146

154

146

1921

207

192

223

208

224

198

1922

114

96

91

105

130

122

1919

110

107

136

129

154

172

1919

82

84

98

113

126

Sept.,'20

91

88

97

94

97

1921
1913

149
20

135
21

191
34

191
38

232

13,750 + 49.7

1921

146

132

172

177

213

195

.j_ 75, i

1921

140

132

236

213

226

202

— 11.2

+ 61.4 '

1921

134

117

175

179

216

189

- 12.6

274 + 60.2 I 1921
11,882 + 62.3
1921
14,114 4- 76.2 i 1921

110

119

138

144

175

165

— 5.2

109

110

157

136

174

156

— 10.4

91

102

164

131

167

Io4

-

5

117,413
9,631

116

1921

I

104,902
11,593

1919

402,934 + 52.6
40,532 + 54.5

- 11.6
- 6.2

+ 11.9
105 - 16.9

Printing.
Activity, weighted

index number..

99 +

2.1

RUBBER.
Crude:
Consumption by tire mfrs.. .thous. of lbs..
Wholesale price, Para, N. Y . .dolls, per l b . .
Tires:
Production—
Pneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..
Domestic shipments—
Solid
. . . . thousands..
Pneumatic
thousands..
Inner tubes
thousands..
Stocks, end of m o n t h Pneumatic .
. .
thousands..
Solid
.
thousands..
Inner tubes
thousands..

41,594
.290

38,348
.274

24,125

3,866

3,539

2,401

9,186

80

71

47

176

310

4,875

4,260

2,651

10,608

17,126

80,544

148.363 + 63.9

.171

36

214 34 -

7.8
5.5

- 8 . 5

77

73

52

171

3,323
3,828

2,976
3,536

2,087
2,329

7,320
8,012

5,671

6,088

5 464

130

111

124

135

144

261

174

1921
1921

123

266

79

75

114

117

115

113

7,741

8,394

7,230

1921

153

158

128

148

169

+ 7.4
— 1.9
184 + 8.4

344,474
37,514

197,216
22,342

541,039
64,714

1919
1,141,254 + 110.9
113,299 + 75.1 I 1919

111

143

162

184

231

249

75

85

73

83

131

142

+
+

8.2
8.4

44,400
58,100
4,443

31,334
22,381
2,9C0

94,080
56,950
3,843

159,549 + 69.6
190,047 +233. 7
7,953 + 106.9

1920

133

150 1 168

171

209

212

+

1-4

1920

43

57

77

109

149

148

— 0.4

1920

12

63

15

19

40

95 +133.8

5,621

4,377

13,395

27,310 + 103.9

1920

55

63

111

84

116

81 - 30.3

713

731

2,072

2,947 + 42.2

1920

39

58

63

56

57

56 -

3,394

2,231

9,041

+ 49.2 1 1920

63

52

76

82

79

80 + 0.5

7.6

AUTOMOBILES.
Production:
Passenger cars
.
number.. 318,424
Trucks
number.. I 34,593
Shipments:
43,774
By railroad
carloads..
58,320
Driveways
number of machines
By boat
.number of machines.. j 1,900
Internal-revenue taxes collected on:
Passenger automobiles and
motor cycles
thous. of dolls..
8,070
Automobile trucks and
725
wagons
thous. of dolls..
Automobile accessories and
parts
thous. of dolls..
3,378
* Twelve months' average, July, 1921, to June, 1922.




13,491

1.7

31
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering backfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SUEVEY (NO.

1/T

V.

-flicircxi,
1Q9Q

A rvril
April,
1QOQ

Corresponding
month,
March

or April,
1922.

21).

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage;

1923

(+)

BASE
YEAR

or de-

crease
(-)
cumulative
1923
from

OR

PERIOD.

1922.

1922

age
in-

1923

crease
(+)
or decrease
(-)
Mar. Apr. Jan. Feb. Mar. Apr. Apr.
from
Mar.

|

GLASS AND OPTICAL GOODS.
Bottles production
index number.
Illuminating glassware:
Net orders
per ct. of capacity
Actual production
per ct. of capacity..
Shipments billed
per ct. of capacity..
Spectacle frames and mountings:
Sales (shipments)
index number .
Unfilled orders (value)
index number..

Percent-

increase i

i
55.6
51.9
54.2

52.4

55.7
54.8

1919

67

79

80

82

79

•1921
•1921
6
1921

117
128
111

107
120
115

134
142
146

188
154
155

151
143
152

143 — 5.3
154 — 7.6
154 — 1.3

1913
1919

259
42

257

334

44

76

351
93

439

!

454
97

!
|

1913
1913
1913

169
173
165

168
172
165

195
199
197

198
201
205

209
209
214

206 — 1.4
209 — 0 . 0
217 + 1.4

1914

152

157

197

197

204

204

1913

202

150

126

105

195

160 — 17.9

+ 6.3 ! 1919
+ 57.2
1919
+ 30.2
1919

113
40
157
380
235
145

64
35
122
112
130
116

76
40
112
208
188
64

107
60
195
214
318
159

103
47.
194
305
183
153

-

+ 5.7

39.2
43.4
41.1

92

+ 3.4
+ 5.4

BUILDING AND CONSTRUCTION.
Building Costs.
Building materials:
Frame house
. ...indexnumber..
Brick house
index number..
Building costs
index number..
Concrete factory costs 1st of
following month
index number..
Construction and Losses.
Building volume
index number..
Contracts awarded, floor space:
9,886
Business buildings
thous. of sq. ft..
7,673
Industrial buildings
thous. of sq. ft..
Residential buildings
thous. of sq. ft.. 39,286
4,092
Educational buildings... .thous. of sq. ft..
1,172
Hospitals and institutions.thous. of sq. ft..
274
Public buildings
thous. of sq. ft..
Social and recreational
1,643
buildings
thous. of sq. ft..
Religious and memorial
892
buildings
thous. of sq. ft..
Grand total
thous. of sq. ft.. 64,920
Contracts awarded, value:
Business buildings
thous. of dolls.. 44,076
Industrial buildings
.thous. of dolls.. 37,034
Residential buildings
thous. of dolls.. 164,267
Educational buildings
thous. of dolls.. 22,550
Hospitals and institutions .thous. of dolls..
5,869
Public buildings
thous.
Public works and utilities, .thous.
Social and recreational
buildings
thous.
Religious and memorial
buildings.
thous.
Grand total
thous.
Fire losses
thous.

9,561

672
264

865

30,447
14,745
96,587
16,674
3,391

219

890

1,736

1,432

1,270
64,527

5,997
39,174
5,849

10,419
5,130
31,666
7,277

32,361
23,176
125,714
16,086
3,016

0 o

-3.5
- 11.1
848 4.7

1919
1919
1919

97
33
151
265
218
219

4,495

5,547 + 23. 4 !:

1919

108

113

64

107

130

137

1,092
58,146

2,971
170,425

3,190 + 7.4 i
210,005 + 23.2

1919
1919

179
111

246
125

89
83

143
89

201
139

286 + 42.4
138 - 0 . 6

58,711
24,312
132,478
36,719
6,584
1,380
75,251

171,405
79,010
405,485
87,471
24,914
4,929
167,176

151,372
111,409
540,513
94,386
18,688
5,268
159,626

11.7 I

1919

158
140
87
139
62

92
64
143
222

1919
1919
1919

57
187
369
202
123
180

92
51

152
71
72

130
87
232
226
180
133
102

134
58
231
360
154
128
146

+ 2.8

1919
1919

147
57
172
257
160
170
124

174

+ 41.0 I
+ 33.3 | |
+ 7.9 j

1919

118

134

81

125

133

167

+ 25.

1919
1919
1919

156
137
178

265
164
138

86
101
163

107
107
191

197
155
184

286

•4-

109
84

94
82

114
81

101 -

220

221

230

232

+

1.1

122
156
212

116

148
182
236

155 +
176 236

4.7

149
212

99
150

117
185

160
216

185 -

235

208

233

151 -

of dolls
of dolls..

1,486
42,586

45,322
24,913
163,476
35,822
5,015
1,431
60,926

of dolls..

9,272

11,609

9,317

27,842

of dolls
of dolls..
of dolls..

6,170
333,518
41,160

8,931
357,475
32,638

8,288
353,162
31,010

21,417
990,592
138,888

-

-25.0
'<+ 6.9

-

4.5

35,196 + 26.4 |
21,142 — 1.3 i
1,138,264 + 14.9
153,184 + 10.3

1919

+ 42.9
- 42.7
- 3 . 6

- 32. 7
- 0.5
+ 58.9
-116
— 3.7

+ 43.1

166 !+
146

3.3
21.8
0.3

AA.

7

7.2

-20.7

Lumber.
Southern pine:
94
101
Production (computed)
M ft. b. m.. 480,966 428,471 397,553 1,595,402 1,772,121 + 11.1
1917
85
Stocks, end of mo. (computed) .M ft. b. m.. 1,107,612 1,056,358 1,159,422
88
! 1917
Price, " B "
and better
dolls, per M ft. b. m
53.53
52.95
41.35
1917
178
180
Douglas fir:
121
115
Production (computed)
M ft. b. m.. 515,698 539,871 422,157 1,578,499 1,883,372 + 19.3
1917
114
136
Shipments (computed).
M ft. b. m.. 589,561 568,074 439,169 1,484,488 2,141,625 + 44.3 j 1917
124
125
21.500
11.500
Price, No. 1 common.dolls, per M ft. b. m.. 21.500
1913
California redwood:
47,855
130
1918
Production (computed)
M ft. b. m.. 59,844
47,099
166,017
126
188,599 + 13.6
52,744
35,888
156
1918
151,988
210,079 + 38.2
126
Shipments (computed)
M ft. b. m.. »61,796
43,347
42,479
169,846
1918
169
148
Orders received (computed).. .M ft. b. m.. 66,878
237,305 + 39.7
• Twelve months' average, May, 1921, to April, 1922.
•Revised.




10.9
77 — 4.6

128 -

3.6

no
20.0
14.6
35.2

32
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

BUILDING AND CONSTBTJCTIONContinued.
Lumber—Continued.
California white pine:
Production
. . .M ft. b. m..
Shipments
M ft. b. m..
Stocks
Mft. b . m . .
Michigan softwood:
Production
M ft. b. m..
Shipments
Mft. b. m..
Stocks, end of month
M ft. b. m..
Michigan hardwood:
Production
M ft .b. m . .
Shipments
M ft. b. m . .
Stocks, end of month
M ft. b. m . .
Western pine:
Production (computed)
M ft. b. m . .
Shipments (computed)
M ft. b. m . .
Stocks, end of mo. (computed) .M ft. b. m . .
North Carolina pine:
Production (computed)
M ft. b. m . .
Shipments (computed)
M ft. b. m . .
Northern pine:
LumberProduction
M ft. b. m.
Shipments
M ft. b. m.
LathProduction
M ft. b. m . .
Ship ments
M ft. b. m . .
Northern hemlock:
Production
M ft. b. m..
Shipments
M ft. b. m..
Northern hardwood:
Production
M ft. b. m..
Shipments
M ft. b. m . .
Exports:
Planks, scantling, joists
M ft. b. m..
Composite lumber prices (1st of following
month):
Hardwoods
dolls, per M ft. b. m..
Softwoods
dolls, per M ft. b. m..
Flooring.
Oak flooring:
Production
M ft. b. xn..
Shipments
Mlt.b.m..
Orders booked
M ft. b. m..
Stocks, end of month
M ft. b. m..
Unfilled orders, end of month..M ft. b. m.
Maple flooring:
Production
M ft. b. m.
Shipments
M ft. b. m.
Orders booked
M ft. b . m .
Stocks, end of month
M ft. b . m .
Unfilled orders, end of month..M ft. b. m.

March,
1928.

April,
1928.

Corresponding
month,
March
or April,
1922.

39,463 I 91,929
56,156 | 54,444
333,169 | 328,640

19,149
32,730
287,452

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

or decrease
(-)
cumulative
1923
from
1922.

1922

1923

• 56,084

182,188 +224.8
207,984 + 87.0

111,237

5,981
7,128
53,490

5,505
10,949
42,980

8,157
49,716

14,365
16,961
102,477

13,047
15,538
100,329

13,402
10,790
127,966

52,563
39,491

175,881 I 108,186
•124,188
»144,948 • 132,521 ' 132,001
'737,489 « 781,229
805,870

251,873
420,698

20,796
26,063

INDEX NUMBERS.

Percentage
increase

24,285 + 16.8
30,453 + 16.8

61,093 + 16.2
63,299 + 60.3

423,310 + 68.1
522,737 + 24.3

BASE
YEAR
OR
PERIOD.

1922

Percentage
increase

1923

(+)

or decrease
Mar. Apr.

Jan. Feb. Mar. Apr.

1918

14

1918

95

103

166

1918

118

108

163

1917

24

51

42

1917

34

46

37

1917

48

47

44

1917

41

48

65

1917

29

34

55

1917

55

57

48

53

1917

61

99

59

1917

106

120

117

91

94

1920

Apr.
from
Mar.

43
139
139

75
176
126

32
33
46

35
40
50

32

8.0

62

53.6

40

19.6

56
43
47

52
54
46

47

9.2

49

8.4

45

2.1

54
106
87

113
131
84

161

41.6

120

8.6

175 +132.9
171 - 3.0
124 —

1.4

5.9

61,460
68,110

52,500
54,040

54,180
50,330

199,850
173,740

L 9
196,000 214,200 + 23.3

1919

153

158

120

156

156

134

120
152

180
212

14.6

1919

38,714
52,720

49,748
43,039

52,096
48,416

128,021
136,720

156,900 + 23.3

1920
1920

97

99

84
86

96
105

+ 28.5

188,370 + 37.8

10,607
17,241

11,896
14,342

13,430
8,748

33,660
28,434

41,199 4- 22.4
51,007 + 79.4

1920

94

140

94

143

138

135

101
171

111
271

+ 12.2

1920

28,334
28,432

24,636
24,117

24,793
21,913

79,084
68,762

101,904 + 28.9

1913

71

1913

59

59
52

75
78

- 13.1

93,193 + 35.5

49,070
40,512

45,700
40,366

29,404
27,228

123,161
103,803

180,711 + 46.7

1913

137

104

148

147,472 4-42.1

1913

125

107

149

155
314

160

128,773

141,636

132,807

567,324

533,719 -

90

74

73

74

72

50.19
36.96

49.8* I
36.62 i

5.9

37.82
28.87

1909-13

- 16.8

- 15.2

173

~

6.9
0.4

79 4- 10.0

90.6

90.5 1115.4 116.2 120.2

19.3 -

0.7

1920

55.6

58.2

73.8 ~

0.9

30,706
32,068
25,298
23,749
57,356

19,892
22,227
29,961
26,615
33,501

76,803
76,342
83,099

12,344
15,329
18,321
23,161
42,434

11,401
15,181
10,924
19,060
36,722

9,478
10,429
13,902
33,467
18,426

39,008
37,520
41,381

66,456
70,624
159,180
99,330
118,284

64,647
65,276
167,685
66,613
120,564

41,446
38,458
150,292
46,851
3©, 402

148,876
138,496

351,982
60.3
346,691 4- 78.1

1919
1919
1919

166,112

2*7,990

1919

49,007 4- 25.6
55,133 4- 46.9
69,759 4- 68.6

- 18.4

1921

32,236
34,964
39,641
25,297
65,823

114,836 4- 49.5
117,025
53.3
128,534 4- 54.7

20.7

70.8

72.8

74.5

412

36ft
417
548
281
785

483
582
640
281
908

1913

305

1913

378

370

402

1913

385

491

494

1&3

312

296

283

1913

344

462

695

1919
1919
1919
1919
1919

92

94

139

90

88

112

87

98

173

221

217

162

39

48

94

113
96
113
165
105

m

82

128

HI

76

114

108

118

105
118

89

136

460

• 4.7

*34

• 8.3

414

36.2

264

• 6.1

791

12.9

123
129
129
150
111

114

- 7.6

128

• ' 1.0

77

- 40.4

123

- 17.7

96

- 13.5

1S1
139
116
f9*
190

127 -

2.7

12*

7.6

Brick.
Clay fire brick (computed):
Production
Shipments
Stocks, end of month
New orders.
Unfilled orders
«Revised.




thousands.
thousands.
thousands.
thousands.
thousands.

•0.9

WL9

76
107
94
34

43

tst
*

~

114 - . 0.9
130 - 32.9
12f

+ 1.9

33
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items v ill be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

March,
1923.

BUILDING AND CONSTRUCTION—
Continued.
Brick—Continued.
Silica brick (computed):
Production
thousands..
Shipments
thousands..
Stocks, end of month
thousands..
Face brick (32identical plants):
Production
thousands..
Stocks, in sheds and kilns
thousands..
Unfilled orders
thousands..
Shipments
thousands.. |
Prices:
I
Common red, New York.dolls, per thous.. J
Common salmon, Chicago .dolls, per thous.. j

Cement.

I

Production
thous. of bbls..j
Shipments
thous. of bbls.. j
Stocks, end of month
thous. of bbls.. j
Price, Portland
.dolls, per bbl..j
Concrete paving contracts:
f
Total
thous. of sq. yds..!
Roads...*
thous. of sq. yds..j
S a n i t a r y Ware.
I
Baths, enamel:
j
Orders shipped
number..
Stocks
number..
Orders received
number..
Lavatories, enamel:
Orders shipped
number..
Stocks
number..
Orders received
number..
Sinks, enamel:
Orders shipped
number..
Stocks
number..
Orders received
number..
Miscellaneous, enameled:
Orders shipped
number..
Stocks
number..
Orders received
number.. j

April,
1923.

Correspond- i
ing
month,
March i
!1 or April, !
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

13,981 |
14,363 j
42,242 |

9,830
10,485
36,316

32,194
33,831

23,004 i 23,515 i
73,756 I 65,447 \
62,139 ! 67,371 |
26,423 j;
22,384

22,587
67,511
32,512
23,851

64,276

16,793 I
17,804 !
44,481 |

57,061

20.00
8.79

16.75
8.52

9,880 | 11,322
10,326 | 12,917
13,045 j 11,450
1.75
1. 75 ;

9,243
8,592
14,470
1.50

24,497
21,8lO

11,371
9,112

26,936
22,137

20.00 i
8.65 !

5,684 I
3,737 !

7,370 |
4,550 ;|

1923

59,626 + 85.2
60,866 + 79.9

82,680 | + 28.6

81,554 + 42.<
!

36,991 ,+ 51.0
34,625 + 58.8

22,282 ;- 17.3
15,152 !- 31.6

344,369

104,876 j 91,704
50,127 | 50,429
148,121 ! 136,587

101,482 | 326,222
104,543 |
138,757
383,186

371,165 + 13.8

114,677 | 97,834
61,391 I 50,628
149,144 | 132,830

98,905
135,071
140,620

428,135 + 27.0

H I D E S AND L E A T H E R .
j
Hides.
Stocks, end of month:
Total hides and skins
thous. of lbs.. 397,982
Cattle hides
thous. of lbs.. 328,588
48,120
Calf and kip skins
thous. of lbs..
21,274
Sheep and lamb skins.. .thous. of lbs..
Prices:
Green salted, packer's heavy
native steers
dolls, per l b . .
.193
Calfskins, country No. 1
dolls, per l b . .
.165 :

51,618 | 49,402
53,594
85,528
61,827
63,910

373,023
300,392
49,444
23,187

.188
.166

346,277
269,828
46,858
29,591

.134 j.
.131 |.

BASE
YEAR
OR
PERIOD.

1923
from
1922.

78,130 I 244,373
60,260 |
107,566 j 278,935
;

56,359
54,332
67,642

+ 40,9

480,203 + 72.2

611,434 + 59.6

1923

1922

(+)

Mar. Apr.

1919

70

1919

75

1919

87

1919

126

144

1919

216

199

102
102
111

103
103
109

119
127
107

99 - 16.7
103 - 19.3
101 - 5.0

129
191
149
137 !

102 ; 147
217
208
226
186
160
98

150 + 2.2
192 - 11.3
245
8.4
189 + 18.0

1919

100

118

126

171

1913

248

1913

173

255 || 305 I 305 305
173 |! 178 177 175

305
178

1913

87

1913

95

100 105
81
73
102 120
158 173

129
140
116
173

148 + 14.6
175 + 25.1
102
12.3
173
0.0

1913

123

1913

148

1919

216

255

1919

232

265

62

141
138

128
109

165
29.7
132 + 21.8

226

248
96
191

240
95
186

267
100
167

241 - 9 . 9
81 - 14.7
144 - 9 . 0

229
36
201

200 j - 12. (

1919
1919

167

143

1919

91

154

ji
||
ij
j

0.0
1.6

120
116
129
148

1919

199

1919

90

1919

130

222 ;• 199 182
40
75 i 43
188 232 212

1919

166

181

1919

122

107

108

160

645,565 + 64.7

1919

168,591

205,998 + 22.2

1919

158

1919

108

107

1919

115

153

298,327 + 47.9

or decrease
(-)
Jan. Feb. Mar. Apr. Apr.
from
Mar.

U920

391,982

201,757

Percentage
increase

(+)

or decrease
(-)
cumulative

92,473 | 83,281
40,200 | 34,308
116,514 | 100,644

337,206

INDEX NUMBERS.

Percentage
increase

1921
1921
1921
1921

1913
1913

36 | +

0. (

214 ! 182 I 210 179 - 14.7
47 I 48 j 49 ' 40 - 17.5
223 ; 190 169 151 - 10.9
\
|
I
188 j 158 ! 199 182 - 8 . 4
72 | 62 | 68 67 - 1.4
223 ! 180 | 161 ' 148- 8 . 6

87 ;
91
72
70

73 ! 109
69 I 86

92
97
82
65

87 - 6.3
88 j - 8.(5
85 '+ 2.1

108 j 105
87

102 - 2 . 6
+ 0.0

93
83

+ 9.0

Leather.
Production:
82
1919
88
77 ! 91
1,691
3 1,356
6,493
1,699
90 ;— 0.5
Sole leather
thous. ofbks., bends, sides..
6.065
7.1
129
1919
107
157
159 j 181 , 166 \- 8.1
38,706
42,139
Skivers
doz..
122 U2 - 8.6
82
1919
132,801
121
117
O ak and union harness
stuffed sides.. 8145,243
1921
110
99 ; 116 113 - 2.7
22,416
99,377
Finished sole and belting
thous. of lbs..
29,806 , 28,998
1921
134
115
145
135 | 153 159 + 3.8
66,700
88,721 I 92,066
Finished upper
thous. of sq. ft..
Stocks, end of month:
85 '+ 1.1
1921
103 103
87
85 j 84
199,177
Sole and belting
thous. of lbs.. 163, 061 i 164, 851
1921 i 106 I 113 . 93 , 92 i 92 , 93 •+ 0.9
Upper
thous. of sq. ft.. 388, 070 391, 665 i 477,709
7
» Revised.
Ten months' average, March to December.
• Not exactly comparable with monthly figures prior to July, 1922. The index numbers have been computed by chain relatives and take account of the percentage
variation rather than the absolute variation in the figures,, and hence show the trend of the movement irrespective of the change in the number of firms reporting.

50832—23




3

34
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
21).

March,
1933

April,
J Vw>.
109ft

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Corresponding
month, 1
March 1

or April,
1922.

1922

1923

INDEX NUMBERS.

Percentage
ncrease

(+)

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Percentage
increase

1923

(+)

or decrease
Jan. ! Feb. Mar. Apr.

Mar. Apr.

i-}

Apr.
from
Mar.

H I D E S AND LEATHER—Continued.
!

Leather—Continued.

Stocks, in process of tanning:
Sole and belting
thous. of lbs..
Upper
thous. of sq. ft..
Exports:
Sole
thous. of lbs..
Upper
thous. of sq. ft..
Leather P r o d u c t s .
Belting sales:
Quantity
thous. of lbs..
Amount
thous. of dolls..
Boots and shoes:
Production
thous. of pairs..
Exports
thous. of pairs..
Wholesale p r i c e s Men's black calf blucher. dolls.per pair..
Men's dress welt,
tan calf, St. Louis
dolls, per pair..
Women's black kid, Goodyear welt, St. Louis, .dolls per pair..

1921
1921

90
107

90
104

96
98

100
100

5,476 + 21.0
26,403 + 7.1

1913
1913

55
91

41
74

36
79

69
56

6*
80

41 - 36.1
83 + 4.1

1,364
2,274

1,975 + 44.8
3,645 + 60.3

1919
1919

53
46

53 !
45

73
68

62
60

73 i
71

70 - 4.8
68 — 5.0

105,873
1,630

128,443 _j_ 21.3
2,401 + 47.3

1919
1913

106
54

111
97
55 ! 57

110
65

130
73

115 + 11.7
90 + 23.2

213

209 ! 210

210

209

209

0.0

153

145

!

153

153

153

153

0.0

1913

158

140

142

142

142

142

0.0

1920
1920
1920
1920

80
&4

61 ; 136
65 i 147
58 ; 137
99
106

114
122
112
95

128
131
120
91

112
116
109
88

- 12.8
- 11.3
9.2
- 2.9

111,261
161,687

111,084
164,116

100,258
170,179

1,677
7,049

1,071
7,341

1,070
6,578

4,527
24,654

520
972

495
923

373
615

35,836
616

31,663
759

26,852
463

6.50

6.50

6.50

1913

4.85

4.85

4.60

1913

4.25

4.25

4.19

CHEMICALS.

|
!

'-

100
100 98 ! IOO +

0.2
1.5

1

Production:
Acetate of lime
thous. of lbs..
Methanol
galls..
Consumption, wood, carbonized
cords..
Stocks, wood, at chemical plants
cords..
Exports:
Sulphuri c acid
. thous. of lbs..
Dyes and dyestuffs
thous. of dolls..
Total f ertiliier
.
long tons..
Price index numbers:
Crude drugs
index number..
Essential oils
index number..
Drugs and
Pharmaceuticals
index number.
Chemicals
weighted index number.
Price, sulphuric acid 66° N.Y. .dolls.per 100lbs.

15,569
831,784
91,273
769,174

13,575
738,050
82,860
746,626

7,390
33,373
59,582 + 78.5
416,112 1,877,398 3,276,193 + 74.5
43,775
200,673
363,427 + 81.1
895,826 I

i

76

': 105

I
702
589
89,519

369
574
98,236 i

.70

.71

1 QQ1 '

346
87,311

4 <UR

1,839
272,544

43 3
2,466
2,079 + 13.1
328 847 i 20 7

156
1909-13 i 1G3 324
71 114
60 — 47.4
1909-13 ' 1,722 1,194 1,383 1,784 2,034 1,985 - 2.5
1909-13 i 64
9o, 7i
66
70
87
84
95 4-r
1914
1914

155
135

177
135

208
124

239
125

253
128

253
134 +

1914
1913
1913

116
156
80

117
158
84

135
173
70

132
170
70

133
178
70

132 — 0.8
180 + 1.1
71 i + i . 4

1919-20
1919-20

22
62

86
36

68
125

39
94

36
47

107 i +199.5
49 + 4.9

228,114 + 13.0 i 1919-20
1919-20

79
141

104 ! 122 j 83
109 i 141
127

87
111

11G + 34.3
101 9.0

.84

0.0

4.7

NAVAL S T O R E S .
'Turpentine (3 principal parts):
Net receipts
Stocks
Rosin (3 principal ports):
Net receiptsStocks

barrels.
barrels.

5,431
14,596

barrels. •
barrels. .

48,445
222,501

16,267 |
15,312

13,139
11,081

26,734

65,058
58,015
202,391 ! 255,326

201,826

37,938 + 41.9
1

F A T S AND OILS.
Total vegetable oils:
Exports
Oleomargarine:
Consumption

thous. of lbs.

5,232

5,661

4,785

37,273

20,730 - 28.3

1913

36

16

32

thous. of lbs. .

19,722

18,033

13,686

58,031

78,110 + 34.6 ;

1913

129

115

174

Cottonseed.
Cottonseed stocks
Cottonseed oil:
Stocks
Production
Price, New York




thous. of lbs. .
thous. of lbs.
dolls, perlb.

159,922
60,137
62,170
.118 !

IS

166

166

59

31

19 +
152 -

8.2
8.6

j

i

tons. .

1

23

64,752

46,140

37,484
40,356
.117

31,848 . . .
24,345
291,484
.115

1

1919

20

9

348,221 j + 19.5 !
,

1919
1919
1913

57
66
159

33
22
158

103

96 I 87
132
91
150
149

13 — 39.5

63
39 — 37.7
56
37 - 35.1
163 . 162 0.8

35
TREND OF BUSINESS MOVEMENTS—Continued.

1

1

NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin. March,
For detailed tables covering other items, see ; 1923
the last quarterly issue of the SURVEY (NO.

Corresponding
month,
March
or April,
1922.

Ar\ril
April,

21).

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)

or decrease

BASE
YEAR

cumulative
1923
from

PERIOD.

INDEX NUMBERS.

1922

Percent-

age
in-

1923

crease
|

OR

1922

1923

Mar.

Apr.

Jan. Feb. Mar. Apr.

1922.

i
;'

!

1

j

F A T S AND OILS—Continued.
Flaxseed.
Receipts:
Minneapolis
thous. of bushs
Duluth
thous. of bushs..
Shipments:
Minneapolis
thous. of bushs..
Duluth
thous. of bushs..
Stocks:
Minneapolis
thous. of bushs..
Duluth
thous. of bushs..
Linseed oil:
Shipments from Minneapolis, thous. of lbs..
Linseed-oil cake:
Shipments from Minneapolis, thous. of lbs..

1,521 + 58 3

309

486

198

901

75

55

45

347

309

— 11.0

1913

2 7 '•

1913

12

21
4

81

62

53

420

324

— 22.9

1913

45

2G

52

395

471

+ 19.2

1913

17

9

17

9

8,080
15,372

8,661 |

52 ;
176 !

27

33

52

13

4

7

5

— 20. 7

55

34

79

37

52

40

-

23.5

'

12

5

33

3

4

2

-

42.2

38
3

22 '
G

5

7
1

— 47.1

3

3
1

4

'

1913
1913

50

or decrease
( —)
Apr.
from
Mar.

— 47.1

6,069

26,406

35,196 + 33.3

1913

48 |

40 '

66

55 ;

53

57

+

7.2

15,930

4,159

44,543

62,080 + 39.4

1913

31 |

14

58

44

51

53

+

3.6

10,195
118,861
21,901
12,567 j

10,244
88,772
15,630
10,684

50,588

45,636

1913

121

86

105

102

90

86

- 4 . 9

1913

194

173

274

2(34

249

231

—

7.2

102,880 + 35.4
55,864 + 17.1

1919

64

50

119

69

69

70

+

0.7

1919

71

54

95

54

68

63

- 7 . 7

30,169 + 6.3
26,162 — 1.7

1914

100

81

104

97

109

1919
1919

119

85

114

64

60

78

98
S2

109
85

FOODSTUFFS.
Wheat.
Exports, including
flour
thous. of bushs..
10,725
Visible supply
thous. of bushs.. 128,085
Receipts, principal markets. .thous. of bushs..
21,746
Shipments, prin. markets
thous. of bushs..
13,621
Wheat flour:
Production
.thous. of bbls..
10,607
Consumption
.thous. of bbls..;
8,852
Stocks
thous. of bbls..
8,050
Prices:
No. 1, northern, Chicago, .dolls, per bush.. j
1.216
No. 2, red winter, Chicago.dolls, per bush..
1.321
Flour, standard patents,
Minneapolis
dolls, per bbl.. |
6.625
Flour, winter straights,
Kansas City
dolls, per bbl..
5.600

9,658
9,720
6,000

76,008
47,690
28,386
26,604

- 9 . 8

i

!

1.253
1.320 \

1.386
1.391

1913

148

152

131

136

133

137

+

3.0

1913

138

141

12S

138

134

134

—

0. 1

6.956

8.144

1913

170

178

145

146

145

152 • +

5 0

5.744

6.785

1913

176

176

145

145

146

149

+

2.6

7,764
31,266
26,222
16,090
5,946

5,632
24,472
16,976
14,274
5,270

18,817
39,502
14,552
12,019
4,211

.740

.793

.588

Corn.
Exports, including meal
thous. of bushs..
Visible supply
thous. of bushs..
Receipts, principal markets. ..thous. of bushs..
Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose)....thous. of bushs..
Prices, contract grades,
No. 2, Chicago
dolls, per bush..

83,444
156,014
97,145
22,021

29,678 - 6 4 . 4

543

446

175

211

184

133

-

27.5

1913

607

470

263

356

372

291

-

21.7

1913

112,043 - 2 8 . 2
69,418 - 2 8 . 5
22,082 + 0.3 |

;

1919

207

97

250

209

175

113

— 35.3

1919
1913

270

136

187

182

161

100

127

142

126 ! -

11.3

159

255
132

1913

92

94

114

118

118

127

1913

74

109
177

90

82

371

45
321

77

1913

159

138

126

1913

92

67

16

32

29

1913

105

104

117

122

123

1913

36

21

42

28

38 ',

28

1913

57

69

45

82

69

48

- 26.5
— 30.0

!

1913

103

102

104

107

+ 1.1

19,626 +160.7 !
13,037 + 79. 5 !

1913

251

110 1 555 S 367

284 i 311

!+ 9.3

1913

615 2,545

1913

160

164

137

136

130 ' 134

1913

202

174

105

96

1 106

84

118
121

141

1919

106

105

98 ! -

11.4

+

7.2

Other Grains.
Oats:
Receipts, prin. markets. ..thous. of bushs..
Visible supply
thous. of bushs..
Exports, including meal, .thous. of bushs..
Prices, contract goods,
Chicago
dolls, per bush..
Barley:
Receipts, prin. markets
thous. of bushs..
Exports . .
thous. of bushs .
Price, fair to good, malting,
Chicago
dolls per bush
Rye:
Receipts, prin. markets...thous. of bushs..
Exports, including flour, .thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..

9,371
55,837
2,035

874

16,867 |
21,932
1,175

.462

.466

.393

3,403
1,012

2,500
708

1,881
1,002

.663

.670

.640

3,679
1,382
.827

4,022
2,226
.853

1,417
3,945
1,043

7,527

21,757
41,006

19,936
38,259 ,

36,043
32,874

149,770

18,568
24,044

58,905
5,752

9,795
2,724

74,093 + 25.8
3,512 - 38.9 !

12,235 + 24.9
3,572 + 31.1

•

7,262

'

107

-9.2
— 8.8
39 + 34.4

124

+

0.9

j

106

2,229 3,854 ' 892 ' 1,436 + 61.1

!+ 3.1

Total Grains.
Total grain exports, incl. flour, thous. of bushs..
Car loadings of grain and grain products..cars..




175,717

95,435 ,j-36.3 j
167,696 : , - 4.6 i

-

8.4
6.7

36
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin. March,
For detailed tables covering other items, see
the last quarterlv issue of the SXJEVEY (NO. 1923.
21).

April,
1923.

Corresponding
month,
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

INDEX NUMBERS.

Percentage
increase

(+
J
or decrease
(-)

BASE
YEAR
OR

1922

Percentage
increase

1933

or decrease

PERIOD.

1922

1923

cumulative
1923
from
1922.

309
49,948

3,571
358,054

2,269 - 36.5
293,952 - 17.9

1919
1919

214
196

16,154

110,395

117, 741

6.7

1919

166

63

136 I 121

133,590
42,288

172,951

148,774 [ - 14.0

1919
1919

190
213

165 I
135

281 I 251
151 i 106

194 - 9.6
106 - 4.4

1919
1919
1919
1919
1919

111
43
148
42
167

54
26
134
178
137

310
120
107
110
198

62
40
145
77
182

- 53. e
- 49.7
-5.2
- 5.5
! - 10. 4

5.5
.4
.2
9.7

1919
1919
1919
1919

79
71
64
87

72
63
53
79

81
64
53
95

+ 11.2
+ 3.4
+ 17.7
+ 13.0

6.3
7.1
3.4

1913
1919
1913

119
89
131

106
80
101
27

Mar. Apr.

Apr.
from
Mar.

Jan. ! Feb. Mar.
Apr.

FOODSTUFFS—Continued.
Other Crops.
Rice:
396
529
Receipts at mills
thous. of bbls..
70,774
Shipments, total from mills, .thous. of lbs.. 65,448
Shipments, through New
31,549
Orleans
thous. of lbs.. 20,586
Stocks, end of monthDomestic, at mills and
dealers
thous. of lbs.. 174,302 157,505
Exports
thous. of lbs.. 34,706
33,193
Apples:
Cold-storage holdings
thous. of bbls..
1,074
2,314
Car-lot shipments
carloads..
2,699
5,362
Potatoes, car-lot shipments
carloads.. 22,917
21,728
1,335
Onions, car-lot shipments
carloads.
1,413
9,891
Citrus fruit, car-lot shipments
carloads. 3 11,045
Cattle and Beef.
Cattle movement, primary markets:
Receipts
thousands.
1,502
Shipments, total
thousands.
554
Shipments, stocker and feeder.thousands.
198
Slaughter
thousands.
956
Beef products:
Inspected slaughter produc. .thous. of lbs. 401,037
Apparent consumption
thous. of lbs. 395,982
Exports
thous. of lbs.
15,144
Cold-storage holdings
(1st of following month).. .thous. of lbs. * 90,502
Prices, Chicago:
Cattle, corn-fed
dolls, per 100 lbs.
9.26
Beef, fresh native steers .dolls, per 100 lbs.
14.50
Beef, steer rounds, No. 2.dolls. per 100 lbs.
14.50
Hogs and Fork.
Hog movement, primary markets:
Receipts, primary markets
thousands.
Shipments, primary markets..thousands.
Shipments, stocker and feeder-thousands.
Slaughter
*.
thousands.
Pork products:
Inspected slaughter produc. .thous. of lbs.
Apparent consumption
thous. of lbs.
Exports
thous. of lbs.
Cold-storage holdings (1st of
following month)
thous. of lbs.
Prices:
Hogs, heavy, Chicago.. .dolls, per 100lbs.
Pork, loins, fresh,
Chicago
dolls, per 100 lbs
Sheep and Mutton.
Sheep movement, primary markets:
Receipts, primary markets
thousands.
Shipments, primary markets, .thousands.
Shipments, stocker and feeder.thousands.
Slaughter
thousands
Lamb and mutton:
Inspected slaughter produc. .thous. of lbs
Cold-storage holdings
(1st of following month).. .thous. of lbs.
»Revised.




4,926
1,703
69
3,234
856,386
582,553
185,197
3

1,670
573
233
1,080

12,149

944
1,761
20,131
3; 102
7,407

1,470
562
235

13,593 I
72,199
6,629
32,174

6,136
2,453
993
3,641

408,248 1,126,359
395,747 1,104,778
53,056
13,735

22,489 + 65.4
74,175 4- 2.7 I
6,055 - 8 . 7
41,301 + 28.4 I

6,474
2,442
922
3,993

+
-0
-7
+

1,197,000 +
1,183,657 +
51,245 -

78,065

64,507

1919

29

9.02
14.50
14.50

8.41
14.50
14.40

1913
1913
1913

103
112
101

4,318
1,393
76
2,924

3,067
1,067
56
2,000

164,288

931,417 1,018,336

14,369
5,362
219
9,016

19,040
6,652
275
12,372

64
92

87 + 33.6
116 + 8.1
81

223
92
90
80
179

91 j 69
85 I 63
64 I 48
95
76

73
62
45
84

125
94
92

- 19.8
33 - 13.7
106 - 2 . 6
112
0.0
111
0.0

115
99
112 I 119
110 i 103

120
140
85
111

132
143
92
128

116
12.3
117 - 18.2
101 + 10.1
115 — 9.6

105
145
110

188
209
239

156
175
200

177
208
226

200 - 11.3

74

76

82

92

102

112 + 9.3
95 - 2 . 3

1919
1919
1919
1919

569,838 1,856,948 2,516,523 + 35.5
376,978 1,252,560 1,659,342 + 32.5
480,221
90,132
709,369 + 47.7

1913
1919
1913

118
135
152

690,296

1919

8.16

7.97

10.21

1913

124

122

98

94

98

14.80

15.30

23.60

1913

133

159

104

105

100

1,430
646
114
805

1,447
584
82
855

1,227
564
97
678

5,927
2,785
592
3,144

33,656

101,925

39,410
*6,635

5,768

2,071

5,879
2,605
536
3,265

63
53
20
76

0.8
6.5
9.5
3.8

1919
1919
1919
1919

116,815 + 14.6

1913

66

75

1919

68

79

+

124 + 53.3

142
158
88
134

32.5
24.1
25.6
37.2

+
+
+
+

156
166

103 +

64
48
14
81

3.4

+ 1.2
-9.6
- 28.1
+ 6.2

69 - 13.1

37
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*) j"
have not been published previously in the j
SURVEY or are repeated for special'reasons: >
detailed tables covering back figures for these j
it ems will be found at the end of this bulletin. ,'
For detailed tables covering other items, see i March,
1923.
the last quarter])' issue of the SURVEY (NO.
21)
*
!

April,
1923.

ii Per- !
I i centage
'increase
1
CUMULATIVE TOTAL i (+)
I ordeBASE
THROUGH
i: crease i
YEAR
LATEST MONTH.
!
! (-) !
OR
: cumu- i PERIOD.
1 lative '
j! 1923 j
1923 1 j f r o m I
1922
1922. !

i Corresponding
month,
March
or April.
; 1922.

INDEX NUMBERS.

i
i
!
'

Percentage
increase

1923

1922

S Mar. Apr.

Jan. Feb. Mar. Apr.

t+)
or decrease
(-)
Apr.
from
Mar.

FOODSTUFFS—Continued.
Sheep and Mutton—Continued.
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs..
Sheep, lambs, Chicago, .dolls, per 100lbs..

6.99
13.22

;

7.15
14.25

7. 57
13.06

15,518
16,724

15,120
10,596

13,160
i7j485

66,794

thous. of lbs..

!7, 154

12,446'

ii,196

62,260

thous. of lbs..

3 94,872

74,748

250,840

18,176

24,234

87,543

61,168 - 30.1

1919

48,699
16,410

42,694
15,757
2,911

168,204
52,346

187,893 :+ 11.7
57,445 + 9.7
6,239 - 6.7

1919
1919
1919

153

161 ! +

183

168 I- 8.4

5.9

1913
1913

151 | 149
187 170

148
182

143
188

1919
1910

107

41 I

76
28

45
65

67
44

27

17 j - 36.6
I

1919

67

57

221

119

87

63 I— 27.4

103 ! 76 ! 183

171

143

112 - 21.2

14

18

28

Fish.
Total catch, prin. fishing ports, .thous. of lbs..;
Cold-storage holdings,15th of mo.thous. of lbs..'
Poultry.
Receipts at five markets
Cold-storage holdings
(1st of following month)

50,170 - 24.9

87 j - 2.6

;

Dairy Products.

96,954

4-55.7

1919

i

Condensed and evaporated milk:
Exports
thous. of lbs..
20,034
Receipts at 5 markets:
Butter
thous. of lbs.., 50,400
Cheese
thous. of lbs.. j 15,573 .
Eggs
thous. of cases.. |
2,124
Cold-storage holdings (1st of following mo.):
Creamery butter
thous. of lbs..
M,824
American cheese
.thous. of lbs.. 3 14,465
Case eggs
thous. of cases..
M53
Wholesale prices at 5 markets:
Butter
dolls, per l b . .
.485
Cheese
dolls, per l b . .
.241
Fluid milk:
R eceipts—
Boston (including cream),thous. of qts..
Greater New York
thous. of cans..
2,295
Production—Minneapolis
thous. of qts..
18,118
Sugar.
Raw:
Meltings, 7 ports
long tons..
Stocks at refineries, end of
month
long tons..
Refined:
Exports
long tons..
Cane, domestic:
Receipts at New Orleans
long tons..
Prices :
Wholesale, 96° centrifugal,
N. Y
dolls, per l b . .
Wholesale, refined, N. V
dolls, p e r l b . .
Retail, average 51 cities
index number..
Cuban movement:
Receipts at Cuban ports
long tons..
Exports
long tons..
Stocks
long tons..

2,237
]
i
3,248 j

14,068 I
3,710 I

3 3,830
10,868
4,648 '.

.445 ,
.216

.363 .
.183 .

14,714 1
2,297 '

1,774,643

531,962

284,800

327,081

316,973

31,632

39,324

122,516

110
144
192

1,590,929 j - 10.4

1919

165

164

77

1919

287

332

84 130

I
1,206

3,673 4,149

106 j - 3.4
101 ! + 5.4
188 | + 5.3

75 ;|— 8.2
70 ! - 10.4

110 100 115 I 113 I- 2.1
145 134 153 154 4- 0.1
225 216 254

103
148
207

I
105,112 j - 70.4 1909-13

26 j - 9.3

9
6 j - 32.7
39
38 \- 2.7
12 : 101 ! '+719.0
82 !
78

1919
1913
1919

728
896

29 16
72 i 56
6 (9)

57,232 | + 2.0
8,764 1+ 5.3

I
355,140

110
96
179

93 !| 105
97
79 :
72 ;
245

61
59

1919
1919

56,132
8,323
55,228

486,421

90
164

1916-1920
16 i 7
1916-1920
29 I 29
1916-1920 i 26 I 126

14,428
2,156
13,687

510,653

35 i 34

160
209

105 i 157 I

150- 4 . 7

S 343+ 14.8
m
997 |l,071 11,332 + 24.3
m
9
4 !
6

1913

6

7

1913
1913
1913

112
121
118

114
122
122

1919
1919
1919

261
157
124

218
158
155

- 24.1

1913
1913
1913

78
63
96

76
65
63 ! 59
55 j 43
58 j 64
86 ! 105 93 I 77

- 12.0
- 14.5
- 65.2

-5.0
+ 19.3

1913
1913

117
118

108 j 124 120 I 117
170 |, 176 211 I 153

- 41.2
- 64.7

[

.073
.086

.078

.040
.052

861,736
647,00S
653,622

563,525
461,321
756,155

720,509
512,430
997,291

of bags..
of bags..
of bags..

6,936
1,208
739

6,104
1,033
257

8,944
1,039
821

3,807

of bags..
of bags..

1,155
601

679
212

1,072 ;
667

4,458 1
1,957 I

2,288,146 ; 2,608,271 + 14.0
1,345,277 1,892,924 | + 40.7
•I

151 176 I 208 j 223+ 6.8
158 171 ! 201 I 215+ 7.0
151 158 185 ! 193 4.3
I
152 207 261 \ 171 :- 34.6
95 ! 146 199 142 - 2 8 . 7
43 ! 71 i 101 I 117+ 15.7

Coffee.
Visible supply (1st of following mo.):
World
thous.
United States
thous.
Receipts, total, Brazil
thous.
Clearances:
Total, Brazil, for world
thous.
Total, Brazil, for U. S
thous.
* Revised.




4,237
2,334

38
TREND OF BUSINESS MOVEMENT—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for speciarreasons; ;
detailed tables covering back figures for these j
items will be found at the end of this bulletin. March,
For detailed tables covering other itoms. see
1928*
l issue of the SURVEY ( N O . ; lsr3KS
the last quarterly

April,
1923.

' Corresponding
month,
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

i Percentage
i! increase

1928

(+)
or decrease
(-)
cumulative

BASE
YEAR
OR
PERIOD.

1923
from
1922.

1922

Percentage
increase

1923

(+)

or decrease
(-)
!
i
Apr.
Mar. Apr. !• Jan. i Feb. Mar. A p rfrom
.
Mar.

TOBACCO.
Consumption (tax-paid withdrawals):
Large cigars
millions..
Small cigarettes
millions..
Manufactured tobacco
and snuff
thous. of lbs..
Exports:
Unmanufactured leaf
thous. of lbs..
Cigarettes
thousands..
Sales at loose-leaf warehouses
thous. of lbs..
Price, wholesale, Burley good leaf,
dark red, Louisville
dolls, per 100 lbs..

575
5,043
36,451

533
4,711
34,055 ;

31,641
40,590
937,498 1,063,237
22,636
4,309

501
3,453

1,921
13,920

31,376

136,167

2,173 !'+ 13.1
19,727 ;j+ 41.7
140,207'+

3.0

40,704
131,571
140,623 + 6.9
928,955 3,510,514 3,670,154 + 4.5
4,582
179,075
119,396 - 33.3

1913
1913

84 79
280 266

89 ; 80
413 357

91
389

84 - 7.3
363 !- 6.6

1913

103

85

100

88

99

92 - 6.6

1909-13
1913
1919

105
519
24

130
481
6

133
85
470 394
70 1 43

101
485
28

129 + 28.3
550 : +13.4
5

27.50

27.50 i

27.50

tons..
tons..
tons..

1,168
388
1,941

1,373
510
2.1S7

499
297
1,046

1,699
1,138
3,652

4,275 +151.6
1,681 + 47.7
7,283 + 99.4

1915
1915
1915

252
157
236

274
162
257

425
222
391

526
205
384

641
212
476

tons..

59,551

60,202 I 56,871

235,471

210,155 - 10.8

1919

645

651

427

608

682 | 690 ' + 1.1

tons..
tons..
tons..

4,765
1,882
2,SS3

4;676
1,936
2,740

4,627
2,168
2,459

17,401
8,090
9,311

18,140 + 4.2
7,366 - 8.9
10,774 ,+ 15.7

1913
1913
1913

107
181

1S4
184

109
172

87
130
72

107
160
88

105 165 +
84 -

tons..
tons..
tons..

4,650
1,817
2,833

4,890
2,042
2,848

4,884
2,3S9
2,49-5

17,759
8,477
9,283

18,205 •+ 2.5
7,319 ;— 13.7
10,885 + 17.3

1913
1913
1913

108
174
83

109
191

102
150
83

92
127
78

104
145

109 + 5.2
163 + 12.4
88 + 0.5

Jan. 1920
Jan. 1920

33.1
28.3

27.3
25.4

25.3
22.9

208 • 208 • 208 i 208

1913

208 | 208

0.0

TRANSPORTATION-WATER.
Cargo Traffic.
Panama Canal:
In American vessels.. .thous. of long
In British vessels
thous. of long
Total cargo traffic
thous. of long
Mississippi River:
Government barge line

753 + 17.6
278 + 31.4
537 + 12.7

Vessels In Foreign T r a d e ,
Entered in United States ports:
Total
thous. of net
American
thous. of net
Foreign
thous. of net
Cleared from United States ports:
Total
thous. of net
American
thous. of net
Foreign
thous. of net

1.9
2.9
5.0

Index of Ocean Freight R a t e s .
United States Atlantic t o United Kingdom, .weighted index number..
All Europe
weighted index number..

21.8 23.1
21.1 21.9

22.6
22.6

- 2.2
+ 3.2

TRANSPORTATION—RAIL.
Freight Cars.
Surplus (daily av. last week of month):
Box
number..
Coal
number.,
Total
number..
Shortage (daily av. last week of month):
Box
number.
Coal
number.
Total
number..
Bad order cars, total (1st of following
month)
number.
Car loadings (weekly average):
Total
cars..
Grain and grain products
cars.
Live stock
cars.
Coal
cars.
Forest products
cars.,
Ore
cars.
Merchandise and miscellaneous
cars..
Freight carried
mills, of ton-miles.

3,266
3,7S5
14,196

4,654
2,849
13,556

94,653
235,077
371,538

1919
1919
1919

108
96
109

30,849
29,281
68,986

13,940
17,634
35,282

369
374
842

1919
1919
1919

2
2

206,312

210,505

327,704

1913

916,492 s 941,792 1 727,4S8
41,006 338,259 1 32,874
31,145 3 31,634
27,114
185,414 3 176,555
72,528
56,052
74,950 3 76,966
13,336 3 20,169
9,654
555,261 3 5S2,2S7
521,106
39,2SS
32,941

+23.8

1919
1919
1919
1919
1919
1919
1919
1913

1,214,948 1,478,092 + 21.7
321,407
346,356 + 7.8
1,689,741 . 2,007,507 + 18.8

1913
1913
1913

88,543

109,573

8
10
14

3
6
8

4
5
7

6 + 42.5
4 - 24.7
7 - 4.5

2
141
9
916
3 ! 303

178
923
334

162
697
285

73 - 54.8
420 - 39.8
146 — 48.9

139

143

137

139 +

102
106
55
74
93
14
105
120

106
91
84 > 121
82
105
41
109
99
118
26
29
102
110
90
138

106
106
97
105
117
28
105
119

114
105
95
105
132
36
118
144

117
98
96
100
135
54
123

200
140
186

207
163
145
158
163 ! 197

185
138
175

225
153

1

i

115
311
196

212 217

2.0

+ 2.8
- 6.7

+ 1.6
- 4.8
+ 2.7
+ 51.2
+ 4.9

Railroad O p e r a t i o n s .
Revenue:
Freight
Passengers
Total, operating
•Revised.




thous. of dolls.
thous. of dolls..
thous. of dolls..

398,536
88,229
535,541

386,136 »288,900
87,872
»83,457
523,167 ,« 417,140

218 153 210 ' 205 -

3.1
0.4
2.3

39
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

March,
1923.

April,
1923.

Corresponding
month.
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1923

(+)

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAE
OE
PERIOD.

1922

Percentage
increase

1923

(+)

or decrease
Apr.
Mar. Apr. Jan. Feb. Mar. Apr. from
Mar.

TRANSPORTATION-RAIL-Continued.
j
Railroad Operations—Continued.
j
404,058
Operating expense
thous. of dolls.. j 417,913
83,201
Net operating income
thous. of dolls.. j 83,568
Receipts per ton-mile
index number..
2,637 \
2,6
Pullman passengers carried
thousands..

•336,425
•49,974
2,461

1,359,792 1,606,611 + 18.2
210,791
266,502 + 26.4
9,375

10,321 + 10.1

185
83
180
119

225
102
150
130

207
65
154
112

230 222 - 3.3
140 ! 139
0.4

1913
1913

199
139
167
114

1921
" 1914
" 1915

103
101
100

104
100
102

124
114
121

128
116
125

131
119
126

+ 0.1

241 i 241 257
245 \ 262 264
203 210 210

+ 0.1
+ 2.3
+ 1.0

1913
1913

127 !

129+ 1-7

LABOR.
Number employed:
I
United States (1,428 firms)... .thousands..I
2,037
New York State
thousands..
567
Wisconsin
index number.. j
Total pay roll:
!
New York State
thous. of dolls.. j 15,262
Wisconsin
index number.. j
Av. weekly earnings,Wisconsin .index number.. J
Unemployment, Pennsylvania (1st
of following month)
number..
14,940
Employment agency operations:
Workers registered
number.. 169,217
Jobs registered
number.. 178,384
Workers placed
number.. 135,226
Average applicants per job
number..
.95
Immigration
number..
53,330
Emigration
number..
10,630

2,040
566

1,617
478

-0.2

+ 0.8

15,276

11,546

" 1914
ii 1915
ii 1915

200
187
188

194
193
190

11,605

215,410

1921

106

82

178,158
200,692
143,582
.89
65,135
13,763

213,167
161,768
120,763
1.32
29,166
24,962

1921
1921
1921
1921
1913
1913

115
119
129
97
21
31

105
138
128
76
25
49

101
136
134
74
32
23

1913
1913

112
117

115
115

126 | 130
106 107

1913
1913
1913
1913

130
137
172
191

129
137
171
194

143
141
196
218

1913
1913
1913
1913
1913
1913

109
155
125
175
117
142

113
156
124
175
116
143

133
188
131
184
124
156 I

1913
1913
1913
1913
1913
1913
1913
1913

147
141
122
165
178
120
150
142

148
145
120
167
180
122
149
143

168
164
125
215
213
136
155
156

1913
1913
1913

111
144
147

115
144
149

139 ' 146 154
180 ! 187 193
165 166

1913

137

139

154 ! 158 I

160 159

1913
1913

125
139

127
139

149 ! 151 I
144 i 142 I

151 148 142 143

824,391
509,585
418,427

727,110 - 11.8
705,944 + 38.5
533,550 + 27.5

93,981
70,666

195,178 +108.0
44,739 - 36.7

- 22.3
87
144
135
61
33
17

+
+
+
+
+

3.5
12.5
6.2
6.3
22.1
29.5

PRICE INDEX NUMBERS.
Farm prices:
Crops (15th of month)
index number..
Live stock (15th of month) .index number..
Wholesale prices:
Department of L a b o r Farm products
•.. .index number..
Food, etc
.index number..
Cloths and clothing
index number..
Fuel and lighting..... .index number..
Metals and metal
products
index number..
Building material
index number..
Chemicals and drugs, .index number..
House-furnish, goods, .indexnumber..
Miscellaneous
.index number..
All commodities
index number..
Fed. Reserve Bd. (Dept. Labor prices)—
Total raw products
index number..
Agricultural prod-index number..
Animai products. .index number..
Forest products.. ..index number..
Mineral products. .index number..
Producer's goods
index number..
Consumer's goods
index number..
All commodities
index number..
Federal Reserve Board I n d e x Goods imported
index number..
Goods exported
index number..
All commodities
index number..
Dun's
(1st of following month) .index number..
Bradstreet's
(1st of following month) .index number..
Retail prices, food
index number..
•Revised.




* Seven months' average, June to December, inclusive.

11

+ 3.7
+ 0.9
143
143
201
206

141
144
205
200

+
+
-

1.4
0.7
2.0
2.9

139
192
132
184
126
157

149
198
135
185
127
159

154
204
136
187
126
159

+
+
+
+
-

3.4
3.0
0.7
1.1
0.8
0.0

167
170
123
220
207
141
155
157

167
174
123
227
202
148
156
157

166 - 0.(
1.1
172
0.0
123
232' i| + 2.2
198 - 2.0
150 + 1.4
157 + 0.6
159 + 1.3

142
141
199
212

First quarter of year.

156 +
186 : 169

1.3
3.6

I 0.0
I - 0.6
2.0
0.7

40
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering baokfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.

March,
1923.

April,
1923.

Corresponding
month,
March
or April,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

(+)

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

Percentage
increase

1923

1922

Mar. Apr.

(+)

or decrease
(-)
Apr.
Jan. Feb. Mar. | Apr. from
Mar.

PRICE INDEX NUMBERS—Continued.
Cost of living:
National Industrial Conference BoardFood
index number..
Shelter
index number..
Clothing
index number..
Fuel and light
index number..
Sundries
index number..
All items weighted.., .index number..
Foreign wholesale prices:
United KingdomBritish Board Trade...index number..
London Economist
index number..
U. S. Fed. Res. Bd
index number..
France—
Gen. Stat. Bureau
index number..
U. S. Fed. Res. Bd....index number..
Italy (Bachi)
index number..
Sweden
index number..
Switzerland
index number..
Canada—
Canadian Dept. Labor.index number..
U. S. Fed. Res. Bd....index number..
Australia
index number..
India (Calcutta)
index number.. I
JapanBank of Japan
index number..
U. S. Fed. Res. Bd....index number..

1913
1913
1913
1913
1913
1913

139
165
154
174
174
155

139
165
155
174
174
155

144
167
160
187
171
158

1913
1913
1913

163
160
168

163
159
167

157 ! 158 160
161 j 164 163
167 | 170 175

1913
1913
1913
1913
1914

307
287
533
164
171

314
299
527
165
163

387
324
575
156
175

i
j
|
|

1913
1913
1914
1914

166
150
146
182

166
152
148
182

105
148
163
179

;
|
|
|

1913
1913

201
182

198
180

184
176

142
167
162
187
171
158

142
170

173
159

143 +
170

0.7

159

0.0

0.0
167 - 0 . 6
180 - 3 . 2
173
0.0

161

192 j
183 i

0.6

+
;+
+

2.1
0.8
0.3
1.9
0.5

168 +

0.6
0.6
1.8
1.7

422 424 415
355 | 372 369
588
582 586
158 | 162 159
181 I 186 187
160 167
152 155
161 163
180 181

+

165 + 1.2
177 1+ 1.1

156 +
166 +
178 -

196 196 |
185 185 !.

0.0
0.0

DISTRIBUTION MOVEMENT.
Mail-order houses, total sales...thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co.. .thous. of dolls..
Chain stores, total sales 12
thous. of dolls..
F. W. Wool worth Co
thous. of dolls..
S. S. Kresge Co
thous. of dolls..
McCrory Stores Corp
thous. of dolls..
S. H. Kress & Co
thous. of dolls..
J. C. Penney Co
thous. of dolls..
United Cigar Stores Co
thous. of dolls..
Owl Drug Co
thous. of dolls..
Music (4 chains)
index number..:
Grocery (21 chains)
index number.
Drug (8 chains)
index number..!
Cigar (3 chains)
index number.
Shoe (5 chains)
index number.
Total department-store sales
|
(306 stores)
weighted index number
Total department-store stocks
(265 stores)
weighted index number
American Wholesale Corp.,
|
tqfcal sales
thous. of dolls.. I
Wholesale trade:
Hardware
weighted index number
Shoes
weighted index number.
Dry goods
weighted index number
Groceries
weighted index number.
Drugs
weighted index number
Meat packing
weighted index number.. i
Candy sales by manufacturers .thous. of dolls.. j

32,730
19,755
12,975
27,158
15,780
6,950
1,772
2,656
4,387
6,281
935

2,472

32,398

30,691
19,178
11,513
23,764
13,940
5,862
1,466
2,496
4,458
5,775
849

1,836

31,080

22,071
14,713
7,358
22,429
13,439
5,208
1,379
2,396
3,943
6,012
825

2,107

23,116

83,883
57; 115
26,768
74,566
44,883
17,050
4,590
7,997
11,656
21,717
3,249

I
j
'

9,272

137,065 |

«Includes F. W. Woolworth, S. S. Kresge, McCrory Stores Corp. and S. H. Kress.




|

117,006 + 39.5
74,978 + 31.3
42,028 + 57.0
89,693 | + 20.3
52,000 + 15.9
22,757 |+ 33.5
5,722 j+ 24.7
' 9,214 |+ 15.2
14,468 |+ 24.1
22,654 !+ 4.3
3,403 + G. G

10,934 ! + 17.9

135,443 \ -

1.2

1913
1913
1913
1913
1913
1913
1913
1913
1913
1913
1913
1919
1919
1919
1910
1919

243 232 290 272
211
19G
248 241
238 215
198
185
250
274 392 348
243 222
298
242 245 341
247 281
200 203 280 253
215
244
530
446
454 C29
406
471
273
279 394 320
268 306
278
229 223 290
238 267
1,433 1,792 1,273 1,283 1,994 2,026
221
209 255 234
244 244
263
253
288 201
2G5 254
99
9G
88
81
95
79
164
188
149
165 | 159
139
135
145
123
129 j 125
121
125
135
124
116 | 110
125
122
14G
104
156
86 | 71

6.2
2.9
11.3
12.5
11.7
15.7
17.3
6.0
1.6
• 8.1
9.2
3.1
12.8
6.9
7.4
16.4

1919

101

113

100 !

122

117 ! - 4.1

1919

118

118

105

125

129 |j+ 3.2

1913

163

311 ! 174 I

1919
1919
1919
1919
1919
1919
1920

82
70
88
76
114
51
64

87
56
105
75
113
60
101 |

82
56
101
75
106
57

181 134 ! - 25.7
109
82

111 + 1.8
62 - 24.4

113
81

80

120

106

59

81 , 82

-

1.2

- 11.7
54 - 8 . 5
78 - 4.1

41
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

Corresponding
month,
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

INDEX NUMBERS.

! Percentage
increase
or decrease
i (-)
cumu! lative
; 1923
from
i 1922.

1922

1923

13 7,557
352,909
87,790

w 9,699 + 28.3
387,777 j+ 9.9

BASE
YEAR
OK
PERIOD.

Percentage
increase

1923

1922

( }

t

or decrease

(-)
Jan. Feb. Mar. j Apr. Apr.
from
Mar.

DISTRIBUTION MOVEMENT—Contd.
Magazine advertising
(for following month)
thous. of lines..
Newspaper advertising
thous. of lines..
Postal receipts
thous. of dolls..
Internal-revenue taxes collected
on theater admissions
.thous. of dolls..

2,298
105,023
27,870

2,270 |; 1,830
108,836 ii 3 98,031
24,374 j 3 22,156

1913
1919

100,261 + 14.2

140 1

150

141

164

112 I

117

108

100

125

130 j|+ 3.6

132 I

121

136

126

152

133 |:— 12.5

81

92

83 ! j - 9.7

185 |- 1.2

1919
6,700

6,051

5,439 j

24,044

25,394 +

5.6

87 !

75

93

91

91

89

1919

PUBLIC FINANCE.
U . S . interest-bearing d e b t . . : . .mills, of dolls..
Liberty and Victory Loans and
War Savings securities
mills, of dolls..
Customs receipts
.thous. of dolls..
Ordinary receipts
thous. of dolls..
Ordinary expenditures
thous. of dolls..
Money held outside U . S . Treasury
and Federal Reserve System:
Total
mills, of dolls..
Per capita
dollars..

22,389

22,327

22,954

16,110

16,084

18,405

62,172

53,736

33,804 i

1919
1919
134,995 !

197,920 1,115,330
242,561 i 981,969

210,565

Ml

88 Ii- 0.3

78

78 I 78

174 182 !

78 |- 0.2

234 202 ;- 13.6

+ 56.0

1913

152

127 11

1,293,987 + 16.0
1; 098,027 + 11.8

1913

913

328 ||

354 327 1,062

401 ';- 62.3

1913

573

426 !

425 429

531

641,082

241,830

310,473

301,848

4,656
41.98

4,668

1919

90

89 j 92

42.04 ! 3 40.06

1919

88

87 !| 89

84,125 + 9.1
74,870 !+ 14.!

1919

100

102

109

93 I 111

101 ii-

9.2

1919

99

94

112

112

107

4.3

70,115

74,340 ; + 6.0

1913

237

238

251

213

251

228 ;'-

47,882

60,431 ;S+ 26.2

1913

223

213

289

230

271

261 jj- 3.7

1919

33

26

31

1919

92

110

92

546

-

2.8

BANKING AND FINANCE.
Banking.
Debits to individual accounts:
22,541
20,478
20,717
New York City
mills, of dolls..
18,732
19,567
Outside New York City
mills, of dolls..
16,481
Bank clearings:
18,010
19,768
New York City
mills, of dolls..
18,759
15,005
15,585
12,237
Outside New York City
mills, of dolls..
Federal Reserve Banks:
637
700
Bills discounted
mills, of dolls..
500
504
468
Total investments
mills, of dolls..
650
2,232
2,223
Notes in circulation
mills, of dolls..
2,158
3,176
3,125
Total reserves
mills, of dolls..
3,179
1,833
1,909 i
Total deposits
mills, of dolls..
1,976
78.3 j
77.0
Reserve ratio
per cent..
75.5
Federal Reserve member banks:
11,783
11,839
Total loans and discounts, .mills, of dolls..
10,846
4,714
4,634
Total investments
mills, of dolls..
3,865
11,082
Net demand deposits
mills, of dolls..
11,156
10,676
Interest rates:
5.23
4.35
4.94
New York call loans
per cent..
5.13 I
5.00
4.58 '
Commercial paper, 60-90 d a y s . . .per cent..
Savings deposits (bal. to credit of depositors): I
Total, 11 Fed. Res. dists.. .thous. of dolls.. 6,276,223 6,314,793 ;5,734, 744f
Boston dist
thous. of dolls.. 1,155,719 1,173,515 |l, 092,416
New York dist
thous. of dolls. .1,825,991 1,820,182 '1,700,636
426,745
Philadelphia dist
thous. of dolls.. | 449.252 453,217
418,287
376,115
Cleveland dist
thous. of dolls..; 415,526
290,706
262,969
Richmond dist
thous. of dolls.. \ 287,828
183,251
158,711
Atlanta dist
thous. of dolls.. 179,131
838,895
755,475
Chicago dist
thous. of dolls.. 834,622
126,920
111,990
St. Louis dist
thous. of dolls.. 126,838
88,246
79,152
Minneapolis dist
thous. of dolls..
87,987
99,078
89,133 !
Kansas City dist
thous. of dolls..
96,619
58,495
50,464
Dallas dist
thous. of dolls..
57; 958
890,921
742,928 '
San Francisco dist
thous. of dolls.. 885,590
132,255
142,326
U. S. Postal Savings
thpus. of dolls.. 132,180

76,722
65,220

36
85

1919

83

82

84

1919

142

143

147

146

95 ' 103
153

101

102 '

152

150

1919
1919
1921

93 I
155
91 j

85

156

145

99

91

-

33

-

9.0

79 — 7.1
85 - 0.4
145 + 0.1
99 i - 3.4

153 [ +

2.0

99 +

0.5

1921

110 \ 115

144

139

140

138 I - 1.7

1919

101

109

109

105

150

164

105 j + 0.7
1
1
155 I — 5.5

80

87

89 ! + 2.3

118

118

1913

137

137

1913

83

80

1920

108

:

I
1920

108

117

105

105

111

112

112

119 I +

0.6

113 | + 0.7

1920

111

111

118 ; 118

119

1920

110

110

113

115

115

1920

108

109

119 ' 120

120

1920

115

117

126 I

127

128

1920

107

108

121

120

122

129 ! + 1.0
125 + 2.3

1920

102

102

110

112

111

112

+

0.5

1921

106

107

119

120 j 121
120 ; 124 : 123
125
130 : 130
129
122
127

121

+

0.1

1920

110

110

1920

114

116

119 ! -

0.3

116 I +

0.9

121 I +

0.7

123

+

0.3

129

+

2.5

131

+

0.9

132

+

0.6

333

+

0.1

1920

116

113

1920

111

110

1913

362

358

128 i 130 ! 132
333
331 ! 332

1913
1913

226

218

205

215

282

251 I - 11.0

180

151

144

145

176

250 I + 42.0

1913

187

161 ; 154 i 156 , 194

Life Insurance.
Policies, new:
Ordinary
Industrial
Group
Total insurance




...thous. of policies..
.thous. of policies..
number of policies..:
thous. of policies..
*Revised.

209
669
104
879

186
950
88
1,137 ,

161
572
40
733

598
2,363
170
2,960

706
2,717
325
3,425
13

, + 18.1
I + 15.0
! + 91.2
I + 15.7

- 15.4

Cumulative for five months ending May.

250

+ 29.4

42
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterlv issue of the SURVEY (NO.
21).

"fcT

li

1928.'

CUMULATIVE TOTAL
THROUGH
LATEST
MONTH.

Corresponding
month,
March
or April,

April,
1928.

1922

1922.

INDEX NUMBERS.

Percentage
increase

1923

or decrease

BASE
YEAR
OB

cumulative
1923
from

PERIOD.

1922

Percentage
increase

1923

(+)

or decrease
Feb.

Mar. Apr.

BANKING AND

Apr.
from
Mar.

Apr.

Jan.

310
237
1,053 1,687
307 300

302
217
948
283

411 369 - 10.3
315
221 266
401 + 51.0
687 1,374 2,298 + 67.3
291 377 393 + 4.0

Mar.

1922.

FINANCB-Continued.

Life Insurance—Continued.
Amount of new insurance:
Ordinary
Industrial
Group
Total insurance

thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..

+
+
76,681 +
2,490,494 +

541,388

485,874

408,361

1,495,299

1,840,418

137,853

208,105

123,208

470,720

573,394

19,848

33,199

24,379

60,301

699,089

727,179

555,948

2,026,321

1913

23.1
21.8
27.2
22.9

1913
1913
1913

318
256

Business Finances.
Business failures:
Firms
number..
Liabilities.
thous. of dolls..
Total dividend and interest payments
(for following month)
thous. of dolls..
Dividend payments (for following mo.):
Total
thous. of dolls..
Indus, and misc. corp
thous. of dolls..
Steam railroads
.thous. of dolls..
Street railways
thous of dolls.
New capital issues:
Corporations
thous. of dolls..
New incorporations
thous. of dolls..
Telephone earnings:
Total operating revenue.. .thous. of dolls..
Total operating income
thous. of dolls..
Telegraph earnings:
Commercial telegraph tolls.thous. of dolls..
Telegraph and cable operating
rfivfiniift

1913

184
315

162
322

159
217

113
179

126
213

114 227 +

+

8.9

1913

245

164

119

191

252

171 - 32.0

+
+
i» 125,430 +
it 37^ 395 +

2.9
3.5
1.2
3.4

1913

124
144
92
162

73
67
83
94

107
106
112
128

112
120
117
65

126
148
93
169

76
70
85
102

200 - 12.6
584 +100.9

1,520

2,167

9,684

6,836

51,492

73,059

291,071

189,723

372,535

253,425

88,275

52,925

•50,976

i» 424,377

« 436,775

56,900

26,950 ! «25,875

i» 221,625

"229,350

23,100

20,975

"123,926

8,275
313,928

• 242,576 i» 1,418,036 i«l,544,125

5,000 !

•20,501
t 4f 601

i» 36,177

1913

40.0
52.6
9.2
39.6

207
425

325
460

461
528

173
407

229
291

34 428

+ 12.1
+ 36.1

1913
1913

300
244

305
250

326
266

315
362

338
299

22 518

26,717

4- 18 fi

1919

107

102

118

108

126

10 302

28,820

32,923

4- 14 2

1919

1 643

3,568

5 149

+ 44.3

1919

102
100

97
78

110
120

100
86

116
108

1913
1913

153

163
74

190

198

199

70

74

79

78

1921

111

111

112

117

117 | 114 -

2.8

4.9

1913

328

440

292

328 \ 373 1 291 -

22.1

773,123

- 12.2
- 63.0
1,037,519 - 34.9

1919

333
76

300
32

-

1919
1919

136

371
77
145

262 • 2 7 4 i 248

264,396

94

81

9.5
9.4
9.5

93

94

94 |

93 \

92

92

1,458,746

2,959,295

3,117,479

44,324

39 393

114 574

128,482

11,102

9,070

25 292

9,565

8,117
!

1913

—

1913

1,141,331

792,372

11,699
1 775

1913

9.6
6.4

1913

445,196

thous of dolls

1913

+ 27.8
+ 5.3

274,425

500,819 1,006,258

thons of dolls

ODer&tini? income

— 29.4
- 34.8

1,682
48,393

-f A*.^

Stocks a n d Bonds.
Stock prices, closing:
116.03
25 industrials, average.... .dolls, per share..
65.06
25 railroads, average
dolls, per share..
Combined index (103
99.29
stocks)
dolls, per share..
Stock sales:
25,855
N. Y. Stock Exchange.. .thous. of shares..
Bond sales:
Miscellaneous
thous. of dolls.. 195,146
66,599
Liberty-Victory
thous. of dolls..
Total
thous. of dolls.. 261,745
i
Bond prices:
81.15
Highest-grade rails, .p. ct. of par, 4% bond..
67.42
Second-grade rails D ct of t>ar. 4% bond .
6*7.41
Public utility.......p. ct. of par, 4% bond..
72.25
Industrial
p ct of par, 4% bond !
71.65
Comb, price index. .p. ct. of par, 4% bond..
98.55
5 Liberty and Victory. .p. ct. of par value..
16 foreign government
100.78
and city . . . .
p. ct. of par value..
Combined index (67
93.11
bonds)
p. ct. of par value..

113.46
63.04

94.59
61.62

96.48

93.53

20,136

30,468

84,781

176,642

264,341

60,351

182,582

236,993

446,923

880,777
713,815
1,594,592

!

195 - 2 . 2
76 3.1

1

88,893 !+

81.55

84.60

1915

67.48
66.52
71.44
71.29
98.88

72.20

1915

66.58

1915

73.59
73.69
99.90

1915
1921

94
96
i 88
90
102 ; 104
94 i 96
107 | 107

101.48

102.84

1921

110 • 111

93.81

95.21

65,043
744
9,188
655

71,768 I
511
12,244 |
1,579 !

1915

26 i

28 !
85

25 -

77 -

96

96

107

106

90
91 + 0.5
89
89 + 0.1
91
90 — 1.3
102
101 1.1
0.5
93
93 106 ! 106 + 0.3

107

109

109

110 + 0.7

I 1 1 0 I 112

110

110

109

110 + 0.8

48
70
231
21

47
104
618
111

44
49
104
96
158 | 300
18
136

44 + 0.9
101 - 2.4
173 - 42.4
9 - 93.7

!

93

93

106

105

1
,

1921

271,246

- 4.8 !
+158.4
66,342 - 34.3 !
20,918 +307.2 I

1913

48

2,975

1913

31

Gold a n d Silver.
Gold:
Domestic receipts at mint fine ounces..
Rand output
thous. of ounces..
Imports
thous. of dolls.. j
Exports
thous. of dolls..




8

Revised.

64,494
762
15,951
10,392

284,924
1,151
101,042
5,137

631

1913
1913

I

13

« Cumulative for five months ending May.

i

43
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for speciarreasons;
detailed tables covering back figures for these
items will be found at the endof this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

March,
1923.

April,
1923.

CUMULATIVE TOTAL
THROUGH
! or deLATEST MONTH.
i| crease

Corresponding
month,
March
or April,
1922.

1922

INDEX NUMBERS.

i: Per:centage
increase

1923

cumu! lative
i 1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Percentage
increase

1923

or decrease
Mar. Apr.

Jan. Feb. Mar. Apr.

££n
Mar.

_l_
BANKING AND FINANCE-Continued.
Gold a n d Silver—Continued.
Silver:
Production
thous. of fine oz..
Imports
thous. of dolls..
Exports
thous. of dolls..
Price at New York
dolls. per fine oz..
Price at London.. .pence per standard oz..

I

6,110
4,626
4,732
.676
32.310

6,616 i
3,549 ,
4,336 ;

4,139 !
4,800 j

32.346 '

5,109 I
.666 j .
34.080 i.

4.70
.063
.049
.055
00005
.395
.266
.186

4.66
.0700
.050
.058
.00004
.392
.266
.182

4.41
.092 ;
.054 ;
.085 !
.003
.379
.260
.194|

.485
.316

.487
.314

.841
.111
.127

.832 '
.106
.123

.669 I

16,141 !
23,035 !
20,480 I

22,645 j + 40.3
17,792 | , - 22.8
18,180 i - 11.2

1913
1913
1913
1913
1913

110
155 j
90 \
113 :
117

119 + 8.3
119 - 23.3
83-8.4
112 ~ LO
117 !- 0.1

97 ;
96
96
32 ! 33 I
35
25
25 ! 25 \
28 I 28 i
31
0.03 0.02 0.02 •
98
98
98
100
99 ; 99
96 \
97
97

96 - 0.9
35 + 11.1
26 •!+ 2.0
30 j+5.5
0.02 i; 0.0
98 - 0.8
99
0.0
95 ~ 2.2

75 ! 74
233 161
82 i 98
108 | 111
121 124

93
195
132
110
116

85
127
42
108
112

F O R E I G N EXCHANGE R A T E S .
Europ«:
England
dolls, per £ sterling..
France
dolls, per franc..
Italy
dolls, per lire..
Belgium
. .dolls, per franc..
Germany
*.dolls, per mark..
Netherlands
dolls, per guilder..
Sweden
dolls, per krone..
Switzerland
dolls, per franc..
Asia:
Japan
dolls, per yen. .1
India
dolls, per rupee..
Americas:
Canada
dolls, per Can. doll..
Argentina
dolls, per gold peso..
Brazil
dolls, per milreis..
Chile
dolls, per paper peso..
General index foreign exch.index number..

Par
Par
Par
Par
Par
Par
Par
Par

val.
val.
val.
val.
val.
val.
val.
val.

90
47
26
44
2
94
98
101

91
48
28
44
1
94
97
101

Par val.
Par val.

95
57

57

98
65

Par
Par
Par
Par
Par

97
86
42
58
70

98
84
42
58
72

99
99
88 I 87
35
35
66
61
68 ] 67

I
.474

\

.278

.978
.807
.136
.113

val.
val.
val.
val.
val.

95

97
65

+ 0.4
97
65 l\ 64 - 0.6
98 I
87 j
34 l
65
67

98 \~ 0.1
86 ~ 1-1
33 ; ~ 4-5
63 !~ 3.1
67
0.0

U. S. F O R E I G N TRADE.
I m p o r t s by G r a n d Divisions.
Europe:
Total
France
Germany
Italy
United Kingdom
North America:
Total
Canada
South America:
Total
Argentina
Asia and Oceania:
Total
Japan
Africa, total
Grand total

119
112
63
119
147

thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..

120,987
15,381
14,997
11,008
49,386

85,796
13,025
9,633
5,501
33,332

225 400
35,335
25,757
13,271
80,655

314,379
39,931
39,261
26,259
118,166

39.5
13.0
52.4
97.9
46.5

1913
1913
1913
1913
1913

thous. of dolls..
thous. of dolls..

115,744 j .
32,705

73,235
25,950

187,465
71,301

263,239 ji+ 40.4
91,592 ; + 28.5

1913
1913

thous. of dolls.. I
thous. of dolls..

53,436 j
13,511

23,745
4,727

71,652
16,149

136,503 + 90.5
36,014 +123.0

1913
1913

144
222

139
251 i 252 323
208 i; 548 ' 508 634

! + 52.3
+ 27.1
+ 79.1
+ 49.7

1913
1913
1913
1913

239
235
523
171 I

223 I
230 |!
327
145

I + 4.5
I + 6.6
I — 9.4
! + 64.6
! + 5.3

1913
1913
1913
1913
1913

144 ;
149|
122;
100 i
148 !

147 152
172 182
106 1 89
168 j 23G i
147 i 170 !

12S
10s
83
163
145

132
100
85
196
129

125 174 +
90 ! +
220 +
119 -

335,786 1 + 2 8 . 0
71,124 ! 262,385
43,402 ! 155,782 I 200,848 I •+ 28.9

1913
1913

147

132 I

142 ; 156 i 149
! 132
129 :
140 !

181
100

183 + 1.1
160 ! + 0.3

1913
1913

141 ! 150 ! 175
102! 184 ! 201

thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..

97,107
32,685
10, i
398,078

279,411
183,447
88,607
69,717
37,862
21,143
689,106 1,031,394

63,063
19,370
10,339
256,178

+
+
+
|s+
|j+

91 i 144 I 125 168
93
123 ! 89 133 '

55 I 90 I 68 98
78 || 186 I 144 239
98 |i 148 I 155

218 ;

225 195 ! 222 ! 232 356 j
I 219 , 180 il 258 \ 239 276 |

361 | 331 369
376 302 396
896 472 j 546
221 203 '' 266

Exports by G r a n d Divisions.
Europe:
Total
France
Germany
Italy
United Kingdom
North America:
Total
Canada
South America:
Total
Argentina




thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..

164,798
20,475
25,031
12,851
63,630

156,405
22,306
26,290
14,416
58,460

thous. of dolls..
thous. of dolls..

90,849
53,044

91,827
53,799

thous. of dolls..
thous. of dolls..

22,943
9,105

22,834
9,2S9 ' 18,366 j
8,411 I

! 183,143
I 22,076
j 31,048
; 11,028
72,291

641,290
74,940
112,428
32,489
203,402

I

63,514
27,831

670,448
79,858
101,849
53,461
277,231

88,038 i'+ 38.6
37,384 ' ! + 34.3

171
213

S-1
8.0
5.0
13.0
8.1

1S8
187 [ + 0.5
199 1 203 ' + 2.0

TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
XOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
21).

U. S. FOREIGN TRADE—Continued.
Exports by Grand Divisions—Continued.
Asia and Oceania:
Total
thous. of dolls..
Japan
thous. of dolls..
Africa, total
thous. of dolls..
Grand total
thous. of dolls..

INDEX NUMBERS.

11 Per-

Percentage
increase

i centage
!increase

March,
1923.

Corresponding
month,
March
or April,
1922.

April,
1923.

CUMULATIVE TOTAL
THROUGH
! or deLATEST MONTH.
crease

1922

1923

1922

Mar. Apr.

311
438
218
159

359,974
167,037
107,698
83,841

j-f
;+
,j +
;S+

1913
1913
1913
1913

137
187
94
126

241,571
11,896
29,742
195,920

248,241
12,098
42,123
190,316

jj + 2.8
||+ 1.7
;!+ 41.6
!|— 2.9

1913
1913
1913
1913

120
145
151

37,987
9,463
19,057
9,456

41,136
6,218
26,634
8,258

! + 8.3
ij- 34.3
||+ 39.8
! j - 12.7

1913
1913
1913
1913
1920

80,661
40,097
21,404
18,962

314,303
151,587
88,275
73,557

62,871 j 55,508
3,224 I
3,011
11,717 i! 7,376
40,922 ! 44,336
j
9,200
2,323
4,704
2,168

(+)

Jan.

Feb.

Mar. Apr.

i

1913
1913
1913
1913

194,340
73,609
21,024
1,309,636

1923

or decrease

+ 0.2
||- 11.9
| + 24.2
ij + 11.2

194,026
83,599
16,795
1,177,918

58,080 :
,539 , 41,874
23,642
18,,939
14,041
,122 !
4,493
3,961
7,
341,162 | 325,,727 I! 318,470

cumulative
1923
from
1922.

BASE
YEAR
OR
'ERIOD.

242
270
164
154

241
257
186
162

271
339
204
148

335
454
186
165

274
364
295
157

(-)
Apr.
from
Mar.

- 18.1
- 19.9
+ 5S.5
-4.5

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES.
United Kingdom.
Imports (values):
Total
thous. of £ sterling..
Food, drink, tobacco..thous. of £ sterling..
Raw material
thous. of £ sterling..
Manufactured articles.thous. of £ sterling..
Exports (values):
Total
thous. of £ sterling..
Food, drink, tobacco..thous. of £ sterling..
Raw material
thous. of £ sterling..
Manufactured articles.thous. of £ sterling..
Reexports (values):
Total
thous. of £ sterling..
Food, drink, tobacco..thous. of £ sterling..
Raw material
thous. of £ sterling..
Manufactured articles.thous. of £ sterling..
Exports of key commodities (quantities):
Cotton piece goods
thous. of sq. yds..
Woolen and
worsted tissues
thous. of sq. yds..
Iron and steel
thous. of long tons..
Coal
thous. oflong tons..
stocks, zinc
short tons..

90,002
40,726
27,732
21,226

86,417
41,772 ;
22,939 i
21,446 |

14.5
10.2
22.0
14.0

I
|
i
|

126 156
190
106
129
91
118

131

127
111
127
129

111
204
94
99

101
175

82

121

140 I 135 168 i 173 |i+
118
132
133 +

4.0
2.6
17.3
1.0

153

131

139

144 +

3.2

124

105

97

154
114

•I

60,921
2,646
11,564
45,935
9,086
1,639
5,586
1,858
337,906
14,466
309
7, ISO
93S

12,429 !
1,592 '•
8,618 |

2,207 J!

316,736 i; 302,598 1,198,517 1,398,220 ;+ 16.7
ij
12,982 | 14,002
56,867 '
67,446 j + 18.6
388 :|
258
1,429 .' + 38.5
1,032
6,841
25.500 |;+ 47.5
4,007
17,333
1,387
I), 795

1920
1913
1913
1920

119 + .21.8

+

1.3
2.1

101

103

199

201

155

129

134

137 +

107

108

100

127

98

123

111

122

105

130 .+ 36.8
120 !- 2.9
162 + 54.3

82

76

90 :+ 18.8

82

108 I 93

91

86 -

64
63
07
27

100 I 80
C->559 - 10.3
94 + 5.1
8 0 I 77 89
92 | 97 I 117 112 - 4.7
2
1
4

6.3

Belgium.
Production:
Zinc

short tons..

36,860

52,349 ;' + 42.0

1920

127 |

» 47,695
32,652

232,844
187,601

293,456 + 26.0
256,396 + 36.7

1913
1913

122 ; 117
142 : 86
194 j 104 209 : 187

1,080
1,740

6,042
10,841
19,487

9,448 \ + 56.4
4,742 - 56.3
28,626 :j + 46.9

1913
1913
1913

106
27 ;
72
I

34
22
1,165

142
127
4,877

234 i+ 64.8
277 1+118.1
4,693 3.8

1913
1913
1913

50
40
49
52 | 77 100 !! + 29.2
34 I 25
55
54 ! 102 107 i;+ 4.5
167 j 150 167 , 133 149
157 '!+ 5.7

7,125
10,935
5,550

10,500 || 118,000
4,493 |
17,925
3,225 |
6,475

141,620
33,594
26,838

26,075 | - 81.6
56,997 |+ 69.7
48,406 : |+ 80.4

1913
1913
1913

51 2,668
191 ;
0
29 | 186 165 266
158 i 105 219 I 423

37,820
31,827

42,144
30,655

121,722
76,226

120,817 - 0.7
96,154 \ + 26.1

1920
1920

I
101 |
76 i

83

77

15,005
12,636

16,319
9,182

38,76S
27,302

32.557 - - 16.0
42,518 + 55.7

1920
1920

54 ! 71
139 I 112 218

235

49
192

83,731
82,924
8,726
61,453

329,416
334,527

398,835 + 21.1
391,197 + 17.0

128

295,079

359,012 + 21.7

1919
1919
1919
1919

137
134 I
85 |
153

158
154
100
2C6

14,319

13, 791

* 91,881
77,787

68,181
54,328

2,271
562
6,614

1,979
610
5,143

65
89
1,152

S4

9,359 |

121 152 j

161

178 I- 3.7

Canada.
Total trade:
Imports
thous. of dolls..
Exports
thous. of dolls..
Exports of key commodities (quantities):
Canned salmon
thous. of pounds..
Cheese
thous. of pounds..
Wheat
thous. of bushs..
Production:
Pig iron
thous. of long tons..
Steel ingots
thous. of long tons..
Bank clearings
mills, of dolls..
Bond issues:
Govt. and provincial
thous. of dolls..
Municipal
thous. of dolls..
Corporation
thous. of dolls..
Employment:
Applications
number..
Vacancies
number..
PlacementsRegular
number..
Casual
number..
Newsprint paper:
Production
short tons.
Shipments
short tons.
Stocks
short tons.
Exports (total printing)
short tons.
a Revised.




106,361
104,496
12,639
113,450

93
1,218

100,742 ;
100,874
12,338 i
78,378

129
63
172

122 |- 25.8
173 I'- 30.2

164
248

129 | 113 I;— 12.9
5 t!+ 8.5
85 j
61 :!- 22.2

1 2 7 • 168

24 ;

116 I

111

124
122
69
111

||
!|
i;
!i

148 ';
140 |
92 I
150 I

39

161
237 + 47.4
113 j 47 |- 58.9
90 I 52 v- 41.9
91
79 !

!
\
\
1

150 |- 5.3
149 j - 3.5
98 \ - 2.4
142 - 30.9

45
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
21).

March,
1923.

April,
1923.

Corresponding
month,
March
or April,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

I N D E X NUMBERS.

Per- I
centage
increase

1923

( }

t i

or de- I
crease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Percentage
increase
(

1923

V

Mar. Apr.

Jan.

Feb.

Mar. Apr.

or decrease
(-)
Apr.
from
Mar.

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES—Continued.
Canada—Continued.
Business failures:
Firms
Liabilities.:
Building contracts awarded

number..
thous. of dolls..
thous. of dolls..!

283
5,134
19,955

231
4,386
30,844

1,068
21,839
62,005

1,171 + 9.6
21,083
3.5
73,952 + 19.3

1913

4,400
29,428

thous. of bushs..i
thous. of bushs..'
thous. of bushs.. •
thous. of bushs.. \

18,661
1,956
3,177
7,403

17,773
2,629
1,374
6,280

18,852
3,398
1,789
2,271

73,195
21,274
10,955
10,132

66,222
22,369
16,824
26,763

thous. of bushs.. j
thous. of bushs..!

7,400
4,000

8,510
4,800

7,400
2,800

207 j

1913

139
320
42

136
317
92

217
436
31

215
397
42

186
370
62

152 - 18.4
316 - 14.6
96 + 54.6

1913
1913
1913
1913

321
28
50
80

219
22
35
68

134
85
122
205

212
28
118
187

217
12
62
222

206
17
27
188

1913
1914

186

286
385

172
275

200
357

329 + 15.0
549 i 659 + 20.0

1913

Argentina.
Grain shipments:
Wheat
Corn.
Oats
Flaxseed
Visible supply:
Wheat
Flaxseed




- 9.5
+ 5.1
+ 53.6
+164.1

-4.8
j+ 34.4
- 56.8
- 15.2

46
BANKING AND FINANCE.
NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
AGRICULTURAL LOANS.
War Finance Corporation.*

Total 3 Federal Jointfarm- t$tock«
by
loan
land
land

YEAR AND MONTH.

With banks and live- With cooperative mar-1!
stock loan companies.* keting associations.

banks. banks.

banks,

NEW CORPORATE BOND ISSUES.

AdRevance- pay- i Balments. ments. ance.

Loans closed.

! AdRe- B a l _
vance- pay- j " * '
ments. ments.- a n c e *

Railroads.

Public utilities.

Industrial
corporations. •

ReNew
capital. funding.

ReNew
capital. fundIng.

ReNew
capital. fundIng.

Thousands of dollars.
1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average..
average..
average..
average..
average..
average..

S3,259
10,526
15,937
7,883
8,364
30,235

$3,259
11,614
6,071
7,586
18,678

$701
4,323
1,812
778
11,557

1920.
May
June
July....
August.

1,748
6,605
7,038
2,478

1,191
6,312
6,743
2,478

557
293
295
None.

September
October
November
December

3,124 |
1,187 |
1,160 i
868 i

3,124
1,187
786

None.
None. !
374
177

1921.
January
February
March
April

387
438
604
561

$14,060 { $8,862 I $166,969 ;! $1,708

$8,314
25,198
28,056
38,707

$1,391 j $7,082

$2,933
4,500
25,152
10,394

64,333 ! 9,000
61,325 ; None.
None.
None.
10,000
15,000
!
j

j

! | None. None.
|i 33,757
5,000
4,500 | 25,000
4,500 | None.

!

$4,729
1,504
10,269
16,777

$9,754
16,667
29,165
35,923

$10,608
24,906
24,163
26,232

$943
2,730
3,138
6,383

16,160
840
6,775 None.
11,540
960 j 12,020 3,000
116
14,785
1,300 I 7,009
11,420 ; None, j 19,300 None.
1,398
40,249
500
28,075
9,250
2,900
36,604 ; 8,993

35,475
93,850
27,850
26,896

None.
None.
None.
None.

355
279
411
213

32
159
193
348

22,846
30,350
None.
18,453

50,510
15,495
None.
217,227

48,722
20,313
15,475
21,424

3,072
7,377
3,500
1,500

33,904 10,436
26,627 1,500
22,560 1,400
31,645
650

1,958
6,129
9,204
12,506

468
577
128
400

12,196
8,000
25,600
None.

None.
6,987
None.
1,500

29,170
9,180
30,741
29,450

11,780
70
9,800
3,611

17,673
10,929
15,450
10,600

133,020
None.
8,454
77,751

None.
None.
5,655
4,449

8,909
22,716
98,640
16,236 !

28,108
14,737
10,432
29,244

16,700 8,000
15,575 None.
13,640 2,200
74,656 1,750

11,218
17,733
40,902
25,628

13,300
18,575
5,395
26,567

8,875
29,060 10,250
35,192 4,858
38,000 4,990

126,888 ! 15,746
52,510 i 17,459
19,791 22,209
10,971
470

33,418 18,757
23,936 8,074
31,806 9,144
14,459 4,641

May
June
July
August

2,426 j
6,706 !
9,332 :
12,906

September
October
November
December

11,840 j
14,050 j
17,263
32,877

11,407
13,300
15,054
29,238

750
1,716
2,209 j 28,108
3,639
44,988

1922.
January
February
March
April

!
23,215 |
27,100 !
31,036 j
32,953 I

18,192
18,527
22,249
18,208

5,023
8,573
8,787
14,745

May
June
July
August

32,597 ] 19,464
18,077
27,747
16,549
26,260
17,605
29,239

2,428
6,443
600
2,250

i

September
October
November
December
1923.
January
February
March
April
May..
June..

32,670
j 41,358
37,410
40,486

17,967
19,478
18,399
19,585
21,501
17,486
18,916
15,942

1,716
29,720
74,365

640
2,987
4,521

2
172

641
3,625
7,975

44,324
34,357
37,107
17,967

1,596
117,093
2,730 i 148,720
6,648 | 179,179
7,372 189,775

1,759
975
477
278

189
497
3,424
2,573

9,545
10,023
7,076
4,782

84,629
26,021
70,684
103,756

27,643
18,800
15,383
11,945

13,133
9,670
9,711
11,634

15,129
6,714
4,232
3,166

10,625 ! 194,279
8,231 I 192,762
8,181 j 188,813
11,926 180,053

4,209
13
None.
700

2,084
1,066
980
630

6,906
5,852
4,872
4,942

19,543
64,511
23,825
4,879

None.
750
33,702
None.

14,703
21,880
19,011
20,901

1,139

103;
343 !

|
;
I
j

1,867
1,815

9,048
15,307
13,261
11,416

172,143
157,733
146,339
136,737

112
880
6,336
4,759

326
4,728
.450 ! 5,158
2,173 ! 9,321
2,303 ! 11,777

30,637
10,625
3,505
21,872

None.
4,500
4,000
8,000

29,085
59,512
20,241
16,605

22,500
18,240 None.
28,852 ! 34,303 12,297
27,822
25,384 2,591
2,430
22,106

3,346
2,026
1,996
1,213

13,011
9,268
9,480
7,153

127,072
119,830
112,346
106,406

1,607
1,212 12,172
300 j 1,865 10,609
8,907
329 | 2,029
5,089 1,469 12,528

50,802
32,555
56,300
27,061

4,000
9,903
10,000
None.

66,940
47,082
63,683
28,860

44,833
2,855
13,132
31,800

897

167,149 49,601
31,410 5,805
45,890
250
40,273 3,872

15,910

See footnotes on opposite page also.
<6 Advances for "Agricultural and live-stock purposes" under the agricultural credits act of August 24,1921.
Loans to banks and live-stock associations were combined because of their parallel trend. Cooperative Marketing Association figures could not well be combined of
because of their opposite movement.
• Represents bond issues of the following industries combined: Iron, steel, coal, copper, equipment, manufacturers, motors and accessories, and miscellaneous industrial
and manufacturing companies.




47
BANKING AND FINANCE.
INDEX NUMBERS.
From Government and non-Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
AGRICULTURAL LOANS.
Total Federal
by
land farmloan
banks. banks.

Jointstock
land
banks.

YEAR AND MONTH.

1917 monthly average..
1918 monthly average..
1919 monthly average..
1920 monthly average..
1921 monthly average..
1922 monthly average.

NEW CORPORATE BOND ISSUES.
4

War Finance Corporation.
With banks and
live-stock loan
companies.^

Loans closed.

AdAdReReBalBal- vance- payvanceance.
pay- ance.
ments. ments.
ments, ments

Relative to 1919.

Relative to 1922.

20
66
100
49
52
190

85

16

1OO

1OO

52

40

65

18

161

268

10

13
7
7
None.

100

100

Railroads.

With cooperative marketing associations.

100

100

New
Recapi- fundtal.
ing.

Public
utilities.

New

I Industrial 0
corporations.

ReNew
Refund- ! capl- funding. | i tal.
ing.

It

Relative to 1919.

i 100

100

100
303
337
466

100
153
858
354

100
171
299
368

774

307

166

100

|l 100

100

32

||

235

217

||

228

333

355

I!

247

677

64
113
66
182

m
318
12
(2)

334
885

(2)

1920.
May
June
July
August

11
41
44
16

September..
October
November..
December..

20

27

7

10

7

7

9

54

852

95

5

6

4

54

(*)

375

18
20
27
(')
30
11
61
190

2

3

1

275

1,722

3

2

4

365

528

4

4

4

4

2

8

.1

222

7,406

500
208
159
220

15

17

11

.

147

•!;
.!;

(*)
238

308

299
84
315
302

54
58
21

118

738

152

None.
None.

120

511

406

170

117
413
288

(•)

263
254

(5)
(*)

65
156
74
32

320

1,107

251

159

213

148

298

69

249
1
207
76

167

257

103

683

1921.
January—
February...
March
April
May
June
July
August
September..
October
November..
December..

42

53

13

59

79

3

81

108

9

96

51

74

98

10

88

115

17

12

I 1,600
1

34

108

130

51

200

1

18

160

206

253

84

320

4

45

243

146

157

116

315

18

70

170

160

198

244

31

89

195

192

203

264

75

207

157

341

128

83

146

64

100

239

(2)

91

|

594

157

848

(3)

233

!

312

147

(2)

193 ji 1 , 0 1 1

i

221

129

233

152

I

618

704

186

51

102

12

113

I 935

94

14

135 11 1,018 I 942

52

36

142 ji

313

|

641

182

!

393

274

107

26

246

100 I

850

!

524

419

j

114

332

515

114

15

185

407

263

;

562

358

529

116

226

150

166

1922.
January
February...
March
April

68

|j 1,248

115

281

84
1,087

May
June
July
August

205

168

304

108

120

|i 1,301

333

315

\ 1,989

174

156

224

48

93

115 !

77

83

776

26

538

369

226

856

165

142

225

30

92

113

70

69

287

1,149

203

470

300

970

183

152

269

23

135

108

38

45

70

59

112

10

136

492 i

September..
October
November..
December..

205

155

340

102

103

6

23

67

368

260

168

506

173

94

47

32

73

128

235

158

440

13

150

340

156

132

254

169

483

13

129

255

166

166

235

(»)

298

476

172

!

153

610

610

323

I 1,304

(»)

42

136

208

588

239

!

263

273

170

51

208

105

275

1923.
January...
February..
March
April
May
June

185

24

147

76

87

172

611

136

948

1,576

I 5,260

151

14

105

72

16

134

150

392

338

483

60

296

616

163

14

107

67

18

146

126

677

341

653

278

433

27

81

64

273

106

177

446

None

296

672

380

411

137

!

137

See footnotes on opposite page also.
Data on loans closed by joint-stock banks and Federal farm-loan banks from the Federal Farm Loan Board; other agricultural loans from the War Finance Corporation;3 new corporate bond issues are compiled by the Commercial and Financial Chronicle.
Index number less than 1.
* These data represent loans for agricultural development secured by mortgages on land and buildings. For detailed information as to organization and operations of
the Federal Farm Loan Board see the first "Annual Report" of the board, Document No. 714, and subsequent "Annual Reports" of the board. The banks were closed
during the greater part of 1920, pending litigation in the Supreme Court involving the constitutionality of the Federal farm-loan act. When operations were resumed
the banks were flooded with loan requests, many of which could not be granted because the cessation of bond selling had depleted the resources. These facts will account
for the diminished figures of 1920 and 1921.
1




48

MISCELLANEOUS.
INDEX NUMBERS.
Based on data from Government and commercial sources.1
[Base year in bold-faced type; numerical data on opposite page.]
EMPLOYMENT.

I M M I G R A T I O N AND
EMIGRATION.

United States
citizens.
Y E A R AND M O N T H .

Arrivals.

Depart-

Passports
issued.2

1913 m o n t h l y a v e r a g e . .

100

1914 m o n t h l y a v e r a g e . .

94

1915 m o n t h l y a v e r a g e .

41

30

1916 m o n t h l y a v e r a g e . .

46

34

99

1917 monthly a v e r a g e . .

33

47

1918 m o n t h l y a v e r a g e . .

27
44
69
78
99

1920 m o n t h l y a v e r a g e . .
1921 m o n t h l y a v e r a g e . .
1922 monthly a v e r a g e . .

PLUMBING F I X i TURES. !

TIN.4

Stocks.
Total at
On Lake
furnaces
At
Erie
and on
Lake Erie furnaces. docks.
docks.

Relative
to 1914.

Relative to 1913.

1919 m o n t h l y a v e r a g e . .

Average
weekly
earnings, New
York
State
factories.

LAKE SUPERIOR IRON ORE.

Consumption^

Relative to 1921.

Domestic consumption.

World
visible
supply.

Relative to 1913.

SCHULTE
CIGAR
STORE
SALES.

Relative
to 1919.

1OO

1OO

160

103
116
131

86
111
128
132

120
123
150
152

93

242

188

133

112

41

418

188

74

104

1OO

226

116
59

159

131

191

161
183
204

43

158

44

154
138
130
127

34
44
42
91

148
145
164
161

175

171

204

171
190
174
255

100
82

100
87

70
78
81

587
587

100

101

1OO
105

1OO
92

1OO
165

100

92
73
57
42
43
37
30
33

206

1OO

201

159

Wholesale
priced
Relative
to 1913.

100.0

1921.

January...
February.
March
April

53

50

62

74

80

37

71

59

221

113

113

113

215

103

102

107

216

96

94

103

210

91

918
777
564
481

207

204

91
99
107
116

118

99
104
109 |
114

425
385
373
366

201
197
195
200

124
128
126
118

126
132
132
123

119
119
111
104

64

71
61
89
101

101
99
95
86

62
62
76
76

117
88
165
137

212
202
181
178

163
162
189
192

64

130
140
126
114

185
190
174
195

197
193
203
205

185

226

589
577
792
801

43
46

66

63

66

107

73
111

112

September
October
November
December
1922.
January
February
March
April

147
92
61
59

120

49
71
89
81

52
63
70
87

373
383
775
1,125

196
194
197
194

110
102
92
82

113
104
92
81

May...June
July
August..

81
78
91
128

99
117
176
71

1,251
930
486
391

197
200
198
201

76
83
102
123

74
84
107
133

80
83
90
99

September
October
November
December

223

62

344

206

147

111

74

141

65

323

205

155

118

100

86

51

322

209

153

122

109

68

52

338

211

137
145
144
131

137

114

120

138
153
132
133

64

54

439

210

116

120

104

124

82

71

282

207

100

101

97

116

106

65

539

216

83

82

136

100

64

828
1,171

May..-.
June
July..-.
August.

95

86
61

206
202

97
107

54

189
184

162
186
187

178
180
182

185

204

204

210

201

305

181

208

169

203

181

199

216

185

179

198
189
238
229

221

165

179

1923.

January
February
March
April
May..
June.




181.9
184.3
186.2
192.1

49

MISCELLANEOUS.
NUMERICAL DATA.
From Government and commercial sources.1
[Base year in bold-faced type; index numbers on opposite page.]
IMMIGRATION AND
EMIGRATION.

United States
citizens.
Passports
issued. 2

YEAR AND MONTH.

Departures.

I Arrivals.

Number.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average
average
average
average
average

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.
average
average
average
average

EMPLOYMENT.

LAKE SUPERIOR IRON ORE.

Average
Stocks.
weekly
earnings,
Total at
New
York furnaces
furand on At
State Lake
Erie naces.
factodocks.

Consumption^

Thousands of tons.

Dollars.

24,600
30,069
23,238
24,580
10,161 |
8,954
11,208 | 10,321
8,187 ! 14,161

On
Lake
Erie
docks.

PLUMBING FIXTURES.

TIN.*

Domestic con- World
visible
sump- supply.
tion.

Long tons.

SCHULTE
CIGAR
STORE
SALES.

Dollars.

1,954
1,693
1,093
1,927
3,135

$12.48
12.85
14.43
16.37

3,658
3,475
4,063
4,685
4,823

12,377
14,907
15,208
18,585
18,803
13,894
12,890
19,726
19,697
23,649

$671,532
1,084,408
1,230,376
1,370,056

$66.70

6,564
10,839
17,038
19,272
24,296

27,909
12,247
21,102
23,340
24,209

4,735
8,163
13,374
11,474
11,463

23.50
23.50
28.15
25.72
25.04

33,330
33,751

24,512
25,642

8,818
8,109

2,030
3,355

4,862
2,692
4,260
2,160
4,788

1921.
January...
February.
March
April

13,071
15,346
19,715
17,546

15,041
22,362
11,164
17,708

11,503
11,267
15,477
15,653

27.61
26.77
26.97
26.20

34,445
31,528
29,291
27,595

25,228
22,829
20,911
19,502

9,217
8,380
8,094

3,702
2,948
2,291
1,675

1,555
1,585
1,683
1,590

18,994
17,074
16,073
15,670

1,061,057
1,090,745
1,246,275
1,259,020

May
June
July
August..

16,234
16,240
17,841
27,313

18,868
32,202
33,566
28, 549

17,939
15,177
11,024
9,389

25.86
25.71
25.26
25.43

27,840
30,066
32,629
35,487

19,756
21,649
23,788
26,201

8,084
8,418
8,841
9,285

1,723
1,470
1,195
1,322

1,225
1,590
1,525
3,320

18,352
17,968
20,316
19,858

1,176,757
1,196,381
1,205,062
1,224,775

September
October
November
December
1922.
January
February
March
April

36,130
22,518
14,910
14,399

35,953
25,868
18,414
20,385

8,314
7,517
7,280
7,145

25.07
24.53
24.32
24.91

37,747
39,071
38,369
35,896

28,086
29,399
29,337
27,461

9,661
9,672
9,033
8,434

1,431
1,833
2,188
2,577

2,605
2,230
3,250
3,710

21,189
23,349
22,806
25,220

1,149,393
1,273,080
1,165,895
1,715,073

12,057
17,573
21,884
19,889

15,519
19,031
20,993
26,197

7,281
7,465
15,142
21,979

24.43
24.17
24.57
24.15

33,481
31,206
28,151
25,092

25,257
23,148
20,470
18,103

8,223
8,058
7,681
6,989

2,493
2,500
3,057
3,059

4,275
3,215
6,030
4,995

26,216
25,047
22,353
22,017

1,096,501
1,091,092
1,267,517
1,287,960

May
June.
July
August

19,837
19,212
22,279
31, 407

29,643
35,329
53,069
21,364

24,448
18,179
9,503
7,637

24.59
24.91
24.77
25.10

23,025
25,447
31,127
37,630

16,532
18,693
23,830
29,566

6,493
6,754
7,297
8,064

3,294
3,441
3,583
2,589

4,740
5,130
4,590
4,150

22,910
23,566
21,502
24,176

1,321,012
1,296,293
1,360,308
1,373,987

September
October
November
December
1923.

54,7m
34,67S
21,2-51
16,720

18,668
19,54fi
15,354
15,761

6,723
6,309
6,288
6,597

25.71
25.61
26.04
26.39

41,805
44,181
44,004
39,866

32,777
34,595
34,105
30,632

9,029
9,586
9,899
9,234

2,990
4,012
4,381
4,845

5,050
5,603
4,812
4,870

22,879
22,902
25,286
24,930

1,516,355
1,369,185
1,411,784
2,048,679

15, 645
20, 217

6,990
5,508

26 21
25 87

181

16, 120
21, 2.57
19, 583

10,524

26 92

35,151
30,519
25,121

26,684
22,601
18,496

8,467
7,918
6,625

4,999
4,671
5,473

24, 563

19, 209

16,170

27 00

6,625
6,1.85
6,634
6,775

25,765
25,157
24,622
22,116

1,331,383
1,269,492
1,600,757
1,538,546

22,885

27.63

6,035

22,187

February
March
April
May

...j

I

|

J

June

i

Wholesale
price.*

121 32
122 95
124 20

128.17

1
Data on immigration and emigration compiled by the XI. S. Department of State, Division of Passport Control; New York employment from the New York State
Department of Labor; Great Lakes movement of iron ore is from the Lake Superior Iron Ore Association; consumption and visible supply of tin from the American Metal
Market. Schulte cigar store sales from A. Schulte (Inc.). Wholesale price of plumbing fixtures is an average from 13 firms reporting to the U. S. Department of Commerce,
Bureau of the Cemus.
2
Passports are not required of American citizens for travel in the following countries: Bahamas; Bermuda; Canada; Cuba; Dominican Republic; Honduras; Jamaica,
when the person is a tourist or winter visitor; Newfoundland; Paraguay; St. Pierre-Miqueion; Trinidad. Passports are not required for direct travel from the United States
to Mexico;
they are required of Americans who enter Mexico via a third country.
3
Furnaces reporting vary in number from 319 to 341. Beginning with June, 1922, reports from 15 Canadian furnaces are included.
4
Figures
on consumption of tin represent withdrawals from warehouses; world visible supply includes stocks in United States, Europe, and afloat.
5
Represents average of 13 reports of combined net selling prices to retailers, without freight,'on the following competitive fixtures: Bathtub, washstand, water-closet,
siuk, two-part cement laundry tub, and 30-gallon range boiler.

50832°—23




4

50
WORLD PRODUCTION OF COTTON.*
Country

World total.

New crop available

Peru.

United
States.

Mexico.

June.

August.

August.

1

India.

Egypt.

Brazil.

November. September. September.

Thousands of bales (478 pounds net).
Normal consumption 1909-1913)
1909-1913 average
1914
1915
1916
1917
1918
1919

3,584
4,356
3,126
3,756

322

1,453

387

1,337

11 302

135

12,041
11,421
13,440
7,954

203

106
129
113
127

13,033
16,135
11,192
11,459

18,370

125

18,580

129
155
164
157

19,925
20,940

1920
1921

193
108
95
103

20,660
24,630
18,470
18,970

15,330

199
188
i

126

282

980

281

1,048

3,390

345

1,304

3,324
4,850
3,013
3,735

339
384
451
612

999
1,155
1,251
902

4,348

553

1,015

j

1922 latest estimates
1923, latest estimates

17 795

9 762

1

1
t

i From private sources.

2

! 115
'

i

21922 acreage 12,496,000 c o m p a r e d w i t h 11,9,76,000 i n 1921.

WORLD PRODUCTION OF WHEAT *
World total.

Country

\

New crop available

Argentina.

Australia.

India.

January.

January.

March

United
States.

Spain.

Italy.

France, j Germany. Rumania. Canada.

Millions of bushels.

i

Normal consumption

64

37

301

531

3,577
3,586

157
114

85
103

351
312

687

1915
1916

4,199
12,609

169
173

377
323

1917

i 2,288

25
179
152

282

037

115
76
46
146

370
280
377
250

921
968
833
814

128
109

366
425

856

(1900-1913)

1909-1913 averaee
1914

1Q18
1919
1920
1921

. . .

1922, latest estimates ... .
1923, latest estimates .
1

I

184
172
214
170

i 2,804
» 2,743
i 2,868
13,069

13,107

80

|

181
194

I
:

891
1,026

361

221

34

116

152

177
140

317
283
223
205
135

146
142
2 110
2
82

87
49
89
78

197
161
394
263
234

145

183
170
141
194

226
2 187
4
237
«323

2
86
2 80
«S3
< 108

3 18
'66
4
70
4
76

1R9
193
263
301

125

162

«243

<76

<S3

400

136

'
•

636
!

130
116
139
152
143
136
129

183
|

170

I 171
j
!

r

4
Russia excluded. No accurate statistics are available.
New boundaries.
5
*3 Excludes Alsace-Lorraine.
Former kingdom, Bessarabia and Bukowina.
Excludes Dobruja.
1
k
Data.\ compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with
inform;
t a v alatest
i l a b l e available
inform;1, tion
rec , (ion received
hich crops
are h a r v e s t e d'.
by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order
in whic*
""




51
WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.*
CANE S U G A R .

World

YEAR.

FLAXSEED.

BraziI

- | Hawaii - £?co? j Cuba-

Java.

Indla

-

Argentina.

World

total.

Oct.

Oct.

Nov.

Dec.

Dec.

Jan.

Dec.

Thousands of short tons.

;

1922 latest estimates
1923 latest estimates
1

United
States. Canada.

*

total.

May.

1909-1913 average
1914
1915
1916
1917
1918
1919
1920
1921

lIT
n ldl Il |aa

9,971
11,293
12,776
13,442
14/50S
13,324
13,799
13,656
14,698

1,514
1,054
1,797
2,009
1,960
1,478
1,473
1,579
1,858

311
247
139
311
246
284
122
176
<328

14,864

1,993

4

295

645
577
600
556
522
522

2,295
2,967
3,437
3,442
3,957
4,597
4,209
4,408
3 4.476

2,614
2,757
2,950
3,058
3,708
.2,617
3,361
2,826
2,911

3 592

3 393

34,183

33,347

567
646
593

3 532

2

3

Exports.

31,989
36,928
45,040
39,289
4,032
19,588
30,775
42,038
50,470

19,870
15,448
15,880
19,040
21,040
20,600
9,400
16,760
| 10,800

; 32,272
I 46,297

17,360

110,992
94,559
103,287
82,151
41,063
61,821
61,692
87,964
83,288

:

Louisiana and Texas.

4

From private sources.

Aug.

Nethermany. Slovakia. Russia. Poland. lands,

19,505
12,040
7,175
13,749
10,628
14,030
8,260
14,296
9,164
5,935
6,055
13,369
5,473
7,256
10,774
7,998
8,029 j 4,112
, 12,238

|

3,685

Louisiana and Texas.

WORLD PRODUCTION OF BEET SUGAR*
|
World
U n i t e d i GerCzechototaU ij States.

! Aug.

Thousands of bushels.

363
346
484
503
454
406
485
490
408

2 38
344
486
413
493
440
496
580
676

Apr.

Belgium.

Spain.

JStSC

Sweden,

YEAR.
Thousands of short tons.

1909-1913 average
1914
1915
1916
1917
1918
1919
1920
1921

610
722
374
821
765
761
726

8,432
8,331
6,056
I

j
1
|

5,208
4,592
3,490
4,997
5,570
2 5,673

1922 latest estimates.
1923 latest estimates.
1
!

4

1,089
1,074
4

711

2,296
2,721
1,678
1,721
1,726
1,484
SOS
1,212
1,429

1,017
1,004
812
805
5S4
6S8
559
770
720

1,726
1,879
1,824
1,457
1,134
318
86
55
55

279

1,635

2 799

2 3 217

239
293
263
249
108
195
19S

246
316
264
286
215
182
263
314
421

276
215
120
140
136
78
152
268
325

3 292

2 319

2 302

759
334
150
204
221
121
171
370
<315

|

4

496

209
166
166
160
162
120
185
150
244

116
112
117
139
154
169
91
104
151

128
168
143
124
149*
156
149
168
158

2 291

2 190

2 102

154
170
140
151
144
141
141
181
259

3
Crops in all countries here given are harvested beginning in September.
From private sources.
4
Includes Ukraine; data from private sources.
Refined sugar in terms of raw on the basis of 95 per c?nt of the raw.

WORLD PRODUCTION OF RICE.*
Country

World total.;

New crop available.

India.

Apr.

United
States.

Egypt.

j

Apr.

j

Aug.

i

Italy.

Spain.

Japan.

Sept.

Sept.

Nov.

Indies.

Pines<

Dec.

Dec.

Millions of pounds (cleaned).
Normal consumption (1919-1913).
1909-1913.
1914
1915
1916
1917
1918
1919
1920
1921
1922 latest estimates..
1923 latest estimates..

67,891
110,7S0
102,986
114,500
112,300
122,000
97,400
117,200
90,777
120,797

14,602

375

72,950
61,022
73,526
77,932
SI, 19S
55,21S
71,613
62,793
74,437

553
81
542
237
487
692
607
634
472

481
657
804
1,135
965
1,072
1,166
1,446
1,045

646
741
7G3
708
716
712
662
997
641

297
337
320
329
322
282
412
394
356

14,009
17,909
17,569
18,360
17,143
17,184
19,106
19,849
17,336

3,323
3,465
7,051
6,430
5,669

1,124
1,404
1,109
1,289
1,745
2,210
1,977
2,127
2,560

74,222

2 33

1,166

»633

373

19,067

6,451

2,517

7,349
7,826

1
2
3
Java and Madura.
Acreage about half of normal: Summer crop only given.
1922 acreage 296,500 compared with 286,400 acres in 1921.
*Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received
by that department or b y the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested.




52
PATENTS GRANTED—INTERNAL-COMBUSTION ENGINES.1
MONTH.

1913

'

1914

1915

1916

1917

1918

1919

1920

1921

1922

Januarv

37

35

62

63

75

64

60

50

44

57

February

30

60

87

82

61

61

59

69

46

51

March

32

62

80

62

61

62

46

92

77

58

April . . . .

40

60

65

61

60

81

83

58

72

60

May

27

62

67

60

86

67

49

75

77

63

June

48

86

68

57

83

50

64

88

34

35

July

56

71

65

74

85

70

77

71

35

41

August

38

72

77

54

62

46

53

60

49

53
35

44

69

58

45

34

53

70

67

46

October

53

48

70

56

57

76

75

61

54

65

November

46

81

81

50

90

46

59

100

64

30

December

68

73

76

60

75

68

84

81

67

39

519

779

856

724

829

744

779

872

665

587

September

..

Total number

1
Data compiled from the official records on file in the JJ. S. Department of the Interior, U. S. Patent Office, Division of Publications.
as patents are granted on Tuesdays only, the number of patents shown for a given month represents the total of either 4 or 5 Tuesdays.

'

I t should be noted that inasmuch

INDEX NUMBERS OF CONSTRUCTION COSTS.1
MONTH.

1914

1915

1916

1917

1918

1919

1920

January

89.2

87.1

130.5

167.8

184.5

198.1

February

89.2

87.4

134.5

167.8

184.5

201. 5

March

89.0

87.7

143.0

175.7

184.5

198.1

240.9

April

88.0

90.2

147.3

183.4

186.0

191.3

265.2

May

88.6

90.2

148.9

187.6

186.0

191.3

|

June

87.9

89.0

146.5

199.3

186.3

191.9

1

July

88.1

90.5

145.8

204.0

188.7

193.7

265.7

August...

90.1

91.8

146.6

198.4

193.9

196.7

September

90.4

93.0

149.6

190.3

193.9

202.9

October

88.5

96.2

152.9

167.1

193.9

202.3

November

87.3

101.1

155.7

166.5

193.6

206.9

255.3

December

86.5

107.1

167.2

167.1

194.8

206.9

251.6

88.6

92.6

147.4

181.2

189.2

198.4

251.3

Average

206.6
;

;

i

225.1

1921

1922

230.9

168.7

230.7

168.7

1

224.3

162.0

!

213.1

164.7

268.9

210.8

164.6

273.8

209.8

166.6
169.7

252.0

203.8
193.1

255.2

188.3

185.0

255.2

182.6

188.6

166.3

1SS.6

167.8

192.6

201. S

174.5

i

173.4

i Compiled by the Engineering News-Record. The index numbers are based on the costs of steel (structural shapes, Pittsburgh base), cement (f. o. b . Chicago, exclusive
of bags), lumber (Southern pine, New York base), and the average rates paid common labor in the building industry as obtained from the prevailing rates in 20 representative cities. From 1913 to 1920, inclusive, the rates paid common labor in the steel industry were used. The prices are weighted on the basis of the total production of steel,
cement, and lumbar, and th9 total supply of common labor as follows: Steel, 37.50 per cent; cement, 7.14 per cent; lumber, 17.10 per cent; and labor, 3S per cent.




53
SOURCES OF DATA.
CURRENT PUBLICATION.1

DATE OF PUBLICATION.

I.—RFPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN.
AUSTRALIAN COMMONWEALTH'S BUREAU OF CENSUS AND STATISTICS.
BANK OF JAPAN
BRITISH BOARD OF TRADE
CANADIAN DEPARTMENT OF L A B O R . . .
CANADIAN DEPARTMENT OF TRADE
AND COMMERCE.
FEDERAL FARM LOAN BOARD
FEDERAL RESERVE BANK OF ATLANTA.
FEDERAL RESERVE BANK OF BOSTON.
FEDERAL RESERVE BANK OF CHICAGO.
FEDERAL
LAND.
FEDERAL
FEDERAL
CITY.
FEDERAL
YORK.

RESERVE BANK OF CLEVERESERVE BANK OF DALLAS. .
RESERVE BANK OF KANSAS
RESERVE BANK OF NEW

FEDERAL RESERVE BANK OF PHILADELPHIA.
FEDERAL RESERVE BANK OF RICHMOND.
FEDERAL RESERVE
FRANCISCO.

BANK OF SAN

FEDERAL RESERVE BOARD..

Price index for Australia

Federal Reserve Bulletin

Price index for Japan
Price index for United Kingdom
Price index for Canada
Employment in Canadian trade-unions
Operations of Canadian employment service...
Foreign trade of Canada.
Canadian railroad operations
Canadian iron and steel production
Agricultural loans by land banks
Wholesale trade
Savings deposits in First Federal Reserve
District.
Savings deposits in Seventh Federal Reserve
District.
Agricultural pumps
Savings deposits in Fourth Federal Reserve
District.
Wholesale trade
Wholesale trade

Federal Reserve Bulletin
Second week of month.
British Board of Trade Journal
Labour Gazette (Canadian)
| Monthly.
Employment
j Semimonthly.
Employment
Semimonthly.
Foreign trade of Canada
: Monthly.
Operating Revenues, etc., of Railways *... Monthly.
Press releases *
i
Not published
Business Conditions
j Monthly.
Monthly Review
„
Monthly.

Reserve
Reserve

Business and Financial Conditions

Monthly.

Business and Financial Conditions
Business and Agricultural Conditions
Business and Agricultural Conditions
Business Conditions
Business Conditions
Federal Reserve Bulletin
Federal Reserve Bulletin and weekly press
releases.*
I
Federal Reserve Bulletin and weekly press
releases.*
j|
Federal Reserve Bulletin and weekly press
releases*
!
Federal Reserve Bulletin
!

Monthly.
Monthly.

Reserve
Reserve

Condition of Federal reserve banks
Condition of reporting member banks

FEDERAL TRADE COMMISSION..
FRENCH MINISTRY OF LABOR AND
SOCIAL WELFARE.
ILLINOIS DEPARTMENT OF LABOR
INDIAN DEPARTMENT OF STATISTICS...
INTERSTATE COMMERCE COMMISSION..

MASSACHUSETTS
DEPARTMENT
OF
PUBLIC UTILITIES.
NEW YORK STATE DEPARTMENT OF
LABOR.
NEW YORK STATE DEPARTMENT OF
PUBLIC WORKS.
PANAMA CANAL
PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY.
U. S. DEPARTMENT OF AGRICULTUREBUREAU OF ANIMAL INDUSTRY.
U.S. DEPARTMENT OF AGRICULTURE—
B U R E A U OF A G R I C U L T U R A L
ECONOMICS.

j Monthly.

Business Conditions
Business Review
Business Conditions
Business Conditions
Federal Reserve Bulletin and daily statement.*
Monthly Review

Foreign exchange rates and index
Savings deposits in Second Federal
District.
Savings deposits in Third Federal
District.
Wholesale trade
Savings deposits in Fifth Federal
District.
Wholesale trade
Savings deposits in Twelfth Federal
District.
Wholesale trade
Foreign exchange index numbers
Debits to individual accounts

Business Conditions

Second week of month.

Money held outside U. S. Treasury and Federal reserve system to July 1,1922.
Wholesale price index numbers
Department store trade: in cooperation with
National Retail Dry Goods Association.
Index numbers of department store, mailorder, and chain store trade.
Barley and rye receipts
Sales of loose leaf tobacco
Index of ocean freight rates
Index numbers of production
Wholesale trade
Paper and wood pulp production, prices, etc..
Price index for France
Employment in Illinois
Price index for India
Railway revenues and expenses
Telephone operating revenue and income
Telegraph operations and income
Express operations and income
Milk receipts at Boston
New York State factory employment and
earnings.
New York State canal traffic

Monthly.
Monthly.
Monthly.
Monthly.
Daily and monthly.
Monthly.

Federal Reserve Bulletin..
Federal Reserve Bulletin..

Monthly.
Monthly (second week of month).
Sunday newspapers and monthly.
Friday morning newspapers and
monthly.
Friday afternoon newspapers and
monthly.
Monthly.
Monthly.
Monthly.

Federal Reserve Bulletin
Federal Reserve Bulletin.
Federal Reserve Bulletin..
Federal Reserve Bulletin..
Federal Reserve Bulletin..
Federal Reserve Bulletin..
Monthly press releases *...

Monthly.
Monthly.

Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
j Monthly.
; Newsprint, 20th to 25th of the month ;
other paper and wood pulp, 1st of
i following month.

Bulletin de la Statisque Generate
I The Employment Bulletin
! Federal
Bulletin
™-j—* *Reserve *..*,-*.*I
Preliminary statement of operations of
Class I roads.
|
Not published
Not published
Not published
Not published

Monthly.
Second
« . . . „ . week
_ . of month.
Monthly.

Labor Market Bulletin and press rel<

Monthly.

Annual report

Yearly.

Last weekly issue of month.
| Semimonthly.
Last weekly issue of month or first
of next month.
Monthly.
Monthly Crop Reporter *
Prices of farm products to producer.
First
weekly issue of month.
Market Reporter *
Wool stocks in dealers' hands
Monthly Crop Reporter 8 and press Releases about 1st of month (cotton)
Crop production
and 10th (other crops).
releases.*
Fourth weekly issue of month.
Cold-storage holdings and fish frozen
Market Reporter *
Third weekly issue of month.
Movement of cattle, hogs, and sheep
Market Reporter *
Weekly.
Receipts of butter, cheese, eggs, ana poultry. Market Reporter*
Quarterly.
Market Reporter s*
Production of dairy products
Third weekly issue of month.
Market Reporter
Car lot shipments of fruits and vegetables
Monthly.
Monthly Crop Reporter *
Farm labor, wages, supply, etc
Weekly.
Foreign crops and markets*
World crop production
Annually.
Market Reporter *
Live stock on farms
U. S. DEPARTMENT OF AGRICULTURE- Total lumber production from 1913 to 1920.. - Production of Lumber, Lath, and Shingles. Yearly.
Pulp wood consumption and wood-pulp Yearly.
Wood pulp production, 1914 and 1916
FOREST SERVICE.
production.
Preliminary report on ginnings *
Semimonthly during season.
U. S. DEPARTMENT OF COMMERCE- Cotton ginned
Preliminary report on cotton consumed... 15th of month.
Cotton consumed and on hand
BUREAU OF THE CENSUS.
Reports on wool machinery and on cotton 20th of month.
Active textile machinery
spindles.*
First week of month.
Leather, hides, and shoes, production and Census of hides, skins, and leather *
stocks.
Preliminary
report
on
cottonseed
18th of month.
Cottonseed and cottonseed oil
* Multigraphed or mimeographed sheets.
i This is not necessarily the source of the figures published in the SURVEY as many of them are obtained direct from the compilers prior to publication in the respective journals. This column and the right-hand column have been aided to assist readers in obtaining current statistics between publication dates of the SURVEY.
> Beginning Jan. 7,1922, combined into new publication called, Weather, Crops, And Markets, issued weekly.




Panama Canal traffic
Unemployment in Pennsylvania.
Beef, pork, and lamb production..

The Panama Canal Record
Semimonthly report *
Market Reporter »

54
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

I

DATE OF PUBLICATION'.

REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued.

Wool consumption and stocks in manfacturers' hands.
Production indexes of raw mateiials and
manufactures.
Fats and oils, production, consumption, and
stocks.
Fabricated structural steel sales from April,
1922.

U. S. DEPARTMENT OF C O M M E R C E BUREAU OF FISHERIES.
U. S. DEPARTMENT OF C O M M E R C E BUREAU OF FOREIGN AND DOMESTIC
COMMERCE.

17. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION.
U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS.

U. S. POST OFFICE DEPARTMENT
U . S . TREASURY DEPARTMENT
17. S. TREASURY
DEPARTMENTBUREAU OF THE MINT.
17. S. TREASURY DEPARTMENT—BUREAU OF INTERNAL REVENUE.

Quarterly (one month after end of
quarter).
Quarterly.

Surrey of Current Business

Monthly.

Statistics of fats and oils *

Quarterly (one month after end of
quarter).
15th of month.

Press release *
j

Press release *
| Press release *
i Press release *
i Press release *
Survey of Current Business
Survey of Current Business
Monthly statement

Automobile production
Sugar statistics
Steel castings sales
Steel furniture shipments
Earnings of public utilities
Plumbing goods price index
Fish catch at principal fishing ports.
All imports and exports
Tonnage of vessels, entered and cleared in
United States foreign trade.
Data on trade, employment and coal and iron
production of foreign countries.
Wholesale price of wool
Warehouse stocks of rice

17. S. DEPARTMENT OF C O M M E R C E - Vessels under construction and vessels comBUREAU OF NAVIGATION.
j
pleted.
U. S. DEPARTMENT OF COMMERCE— j Building material price indices
BUREAU OF STANDARDS.
U. S. GRAIN CORPORATION
! Wheat flour production, prior to July, 1920— j
U . S . DEPARTMENT OF THE INTERIOR— j Refined petroleum products, production, etc..
BUREAU OF MINES.
i
r . S. DEPARTMENT OF THE INTERIOR— , Portland cement, production, etc
GEOLOGICAL SURVEY.
| Coal and coke production

U . S . DEPARTMENT OF THE INTERIOR—
U. S. PATENT OFFICE.
U. S. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE.

Press release

Statement on stocks of leaf tobacco..

U. S. DEPARTMENT OF COMMERCE— i Stocks of tobacco held by manufacturers and
BUREAU OF THE CENSUS—Contd.
|
dealers.

Crude petroleum, production, etc
Electric power production
Annual figures on nonferrous metal production.
Patents granted

Monthly Summary of Foreign Commerce.
(Partfl.)i.
Monthly Summary of Foreign Commerce.
(Part II.)
Various foreign sources
Wholesale Prices
Monthly Summarv of Foreign Commerce.
(Part" II.)
Commerce Reports
Not published
No longer published..
Refinery Statistics *..
Report on Portland cement output *..
Weekly report on production of coal *.
Preliminary statistics on petroleum *
Production of electric power *
Mineral Resources

20th of month.
20th of month.
20th of month.
20th of month.
Monthly.
Monthly.
Last week of month.
Middle of next month.

Yearly.
Monthly.
First weekly issue of month (Mondays).

Second week of month.
20th of month.
Second or third weekly
month (Saturdays).
25th of month.
End of month.
Annually.

Not published.

Number on pay roll—United States factories.. Industrial Survey *
Employment agency operations
Report of Activities of State and Municipal Employment Agencies.
Immigration and emigration statistics
Not published
Wholesale prices of commodities, including
farm products, food, clothing, metals, etc.
Wholesale price index
Retail price index of foods
Retail coal prices
United States postal savings
Postal receipts
Government debt, receipts and disbursements.
Money in circulation from July 1, 1922
Domestic receipts of gold at mint

Wholesale Prices of Commodities..

Oleomargarine production
Consumption of manufactured tobacco, snuff,
cigars, cigarettes, and oleomargarine.
Internal Revenue taxes on specified articles...
Iron ore movement
Sault Ste. Marie Canal traffic
Barge traffic on Mississippi River

Not published
Statement of tax-paid products *
Classified collections of Internal Revenue.
Monthly statistical report
Monthly statistical report
Not published

Monthly Labor Review.
Monthly Labor Review.
Monthlv Labor Review.
Postal Savings News Bulletin
Statement of Postal Receipts *
Daily Statement of the U. S. Treasury.
Federal Reserve Bulletin
Not published

U . S . W A R DEPARTMENT—ENGINEER
CORPS.
U. S. W A R DEPARTMENT—MISSISSIPPI
WARRIOR SERVICE.
Agricultural loans
! Not published in form used
WAR FINANCE CORPORATION
WISCONSIN INDUSTRIAL COMMISSION. . . Wisconsin factory earnings and employment.. j Bulletin on Wisconsin labor market *

First week of month.
Every 4 or 5 weeks.

Monthly.
Monthly.
Monthly.
12th of month.
7th of month.
Last day of month.
Monthlv.

First week of month.
2oth of month.
Monthly during season.
Monthly during season.

loth of month.

II REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS.
(Excluding individual firms reporting data to be combined with other firms or trade associations.')
ABERTHAW CONSTRUCTION CO
i
ABRASIVE PAPER AND CLOTH MANU- j
FACTURERS' EXCHANGE.
|
AMERICAN MANUFACTURERS ASSOCIA- ;
TION OF PRODUCTION FROM CORN. ,
AMERICAN BUREAU OF METAL STA- '
TISTICS.
!

Building costs
Sale of abrasive paper and cloth
Corn ground into starch, glucose, etc

Copper production
Silver production
Zinc production in Beldum
Zinc stocks in United Kingdom
AMERICAN FACE BRICK ASSOCIATION.. Face brick production, stocks, etc
AMERICAN IRON AND STEEL INSTITUTE j Steel ingot production
AMERICAN PETROLEUM INSTITUTE
| Gasoline and Kerosene Consumption
States.
AMERICAN PIG IRON ASSOCIATION
I Merchant pig iron production, etc
AMERICAN
RAILWAY
ASSOCIATION I Freight car surplus
(Car Service Division).
| Freight car shortage
Car ladings
i Bad-order cars
AMERICAN TELEPHONE AND TELE- ! Stockholders in the company
GRAPH Co.
I
AMERICAN WALNUT MANUFACTURERS' ! Walnut lumber and logs
ASSOCIATION.
AMERICAN WRITING PAPER COMPANY.' Purchases and sales of paper
AMERICAN ZINC INSTITUTE....
j Production and stocks of zinc




Construction trade papers.
Not published

* Multigraphed or mimeographed sheets.

Not published.

by

Not published
Not published
Not published
Not published
Not published
Press release to trade papers *
Special statement

:
j
!
|
'
i 7th of month.
|

Not published
Car Surplusages and Shortages *
Car Surplusages and Shortages *
Information Bulletin *
Information Bulletin *
Financial papers

!
j Weekly.
; Weekly.
| Weekly.
Third week of mont h.
Quarterly.

Not published.
Not published
i 15th of month.
Press release to trade papers *
1
Imports and exports of gold and silver in Part 11.

issue of

55
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
Statement of anthracite shipments *
Not published
Trade papers
Receipts cf wool at Boston
Fabricated structural steel sales before April, No longer published..
1924.
Summary of operating statistics
Number of tons carried 1 mile
Not published
Average receipts per ton-mile
Summary of operating statistics
Passengers carried 1 mile
Not published
Railway employment
Not published
Locomotives in bad order
Not published
Per cent of earnings on valuation
Not published
CALIFORNIA REDWOOD ASSOCIATION. . . Redwood lumber production, etc
Not published
CALIFORNIA WHITE AND SUGAR PINE Sugar pine lumber production, etc

ANTHRACITE BUREAU OF INFORMATION
ASSOCIATION OF LIFE INSURANCE
PRESIDENTS.
BOSTON CHAMBER OF COMMERCE
BRIDGE BUILDERS AND STRUCTURAL
SOCIETY.
BUREAU OF RAILWAY ECONOMICS

ASSOCIATION.
CHICAGO BOARD OF TRADE
CONTAINER CLUB
CREDIT CLEARING HOUSE
DAIRYMEN'S LEAGUE COOPERATIVE
ASSOCIATION, INC.
F. W. DODGE CO
EMPLOYERS' ASSOCIATION OF DETROIT.
ENAMELED SANITARY MANUFACTURERS
ASSOCLATION.
FEDERATION OF IRON AND STEEL

MANUFACTURERS (British).,
FINE COTTON GOODS EXCHANGE
ILLUMINATING GLASSWARE GUILD
JACKSONVILLE CHAMBER OF COMMERCE
KNIT
GOODS MANUFACTURES OF
AMERICA.
LEATHER BELTING EXCHANGE
MAPLE FLOORING MANUFACTURERS'
ASSOCIATION.
MCLEAN BUILDING REPORTS, LTD
MERCHANTS' EXCHANGE OF ST. L o m s . .

Wheat, corn and oats, receipts, etc
Production of paper box board
Credit conditions
Milk deliveries to milk plants

Trade papers
Not published
Credit,.
Not published.

Building statistics—Contracts awarded.
Detroit factory employment
Enameled sanitary ware

Statement on Building Statistics.
Weekly press release
Not published

British iron and steel production

Trade papers

Fine cotton goods production and sales
Illuminating glassware production, orders, etc.
Turpentine and rosin receipts
Knit underwear production, etc

Trade papers
Not published
Naval Stores Review
Monthly report *

Sales of leather belting
Maple flooring production, etc
Canadian building contracts
Receipts and shipments of lead and zinc
Mississippi River traffic
MICHIGAN HARDWOOD MANUFACTUR- Hardwood and softwood lumber, production
and shipments.
ERS' ASSOCIATION.
MINNEAPOLIS CHAMBER OF COMMERCE. Linseed oil and oil-cake shipments
Unfilled
orders and shipments of furniture...
NATIONAL ALLIANCE OF CASE GOODS
ASSOCIATION.
NATIONAL ASSOCIATION OF BRASS Brass stop cocks, orders and shipments
MANUFACTURERS .
NATIONAL ASSOCIATION OF CHAIR MAN- Chair shipments and unfilled orders
UFAdURERS.
NATIONAL ASSOCIATION OF CORRU- Production of paper-box board
GATED AND FIBER BOX MANUFACTURERS.
|
NATIONAL ASSOCIATION OF FARM j Agricultural pumps
EQUIPMENT MANUFACTURERS.
NATIONAL ASSOCIATION OF STEEL Steel furniture shipments
FURNITURE MANUFACTURERS.
NATIONAL ASSOCLATION OF SHEET AND Sheet-metal production and stocks
TIN PLATE MANUFACTURERS.
NATIONAL ASSOCIATION OF WOOL 1913 figures for active textile machinery
MANUFACTURERS.
NATIONAL AUTOMOBILE CHAMBER OF I Production and shipments of passenger cars
and trucks.
COMMERCE.
I
NATIONAL BOTTLE MANUFACTURERS' Glass bottle production index
ASSOCIATION.
!
NATIONAL INDUSTRIAL CONFERENCE Cost of living
BOARD.
NATIONAL RETAIL DRY GOODS ASSO- Department store trade (we Federal Reserve
Board).
CIATION.
NATIONAL WOOD CHEMICAL ASSOCIA- Production of wood alcohol and acetate of lime.
TION.
Rice distribution through New Orleans
NEW ORLEANS BOARD OF TRADE
NEW ORLEANS COTTON EXCHANGE — Cotton receipts into sight
Canadian newsprint production, etc
NEWS PRINT SERVICE BUREAU
NEW YORK COFFEE AND SUGAR E X - I Coffee receipts, stocks, etc
CHANGE.
I
Slojks of tin
N E W YORK METAL EXCHANGE
Indexes of sto?k and bond prices
NEW YORK TRUST COMPANY
NORTH CAROLINA PINE ASSOCIATION.. North Carolina pine, production, etc
NORTHERN HEMLOCK AND HARDWOOD J Hemlock and hardwood lumber production,
etc.
MANUFACTURERS' ASSOCIATION.
NORTHERN PINE MANUFACTURERS' ! Northern pine lumber and lath
ASSOCIATION.
I
OAK FLOORING MANUFACTURERS' AS- Oak flooring, production, etc
SOCIATION.
OHIO FOUNDRYMEN'S ASSOCIATION... Ohio foundry iron production
OPTICAL MANUFACTURERS' ASSOCIA- Spectacle frames and mountings, sales, etc
TION.
Stockholders in the company
PENNSYLVANIA RAILROAD CO
PENSACOLA CHAMBER OF COMMERCE . . Turpentine and rosin receipts
Milk receipts at Philadelphia
PHILADELPHIA MILK EXCHANGE
Cement paving contracts
PORTLAND CEMENT ASSOCIATION
Pullman passenger traffic
PULLMAN COMPANY
REFRACTORIES MANUFACTURERS' AS- Fire-clay brick production, etc
Silica brick production, etc
SOCIATION.
Rice receipts, stocks, etc
RICE MILLERS' ASSOCIATION
ROPE PAPER SACK MANUFACTURERS' Shipments of rope paper sacks
ASSOCIATION.
Automobile tires, tubes, and raw material
RUBBER ASSOCLATION OF AMERICA
Sanitary potters orders
SANITARY POTTERS' ASSOCIATION
Turpentine and rosin receipts
SAVANNAH BOARD OF TRADE
SAVINGS BANKS ASSOCIATION OF STATE Savings banks deposits in New York State
OF N E W YORK.
Raw silk consumption, etc
SILK ASSOCIATION OF AMERICA

* Multigraphed or mimeographed sheets.




15th of month.

Anthracite shipments and stocks..
New life insurance business

Daily.
I Monthly.
j
j Monthly.
j
I
j
'
j Daily.
i
I Weekly.
Monthly.

• Second week of month.

Weekly.
Monthly.

Monthly report (not published).
Not published
Monthly.
3d month.

Canadian Building ReviewReceipts and snipments at St. Louis
Not published
Not published
Monthly statements
Not published in form used
Not published
Not published in form used
Not published
Business conditions
Reserve).
Not published

(Chicago

Monthly.

Federal

Not published
No longer published.
Traffic bulletin * (production figures not
published).
Not published

Second week of month.

Monthly press release

2lst of month.

Federal Reserve Bulletin.

Monthly.

N ot published
Monthly
Monthly
Monthly
Monthly

• First, week of month.
First week of month.

report —
report
bulletin
statement

Trade papers
The, Index
Not published
Not published

First week of month.
•. First week of month.
' Monthly.

Not published
N ot published
Monthly report * (not published)
Not published

—
j
-I

Financial papers
Naval Stores Review
Not published
Concrete Highway Magazine
Not published
Not published
Not published
Monthly report
Not published

| Quarterly
; Weekly.
j
I Mon t hiy.
j
;

Monthly reports (not published)
Not published
Naval Stores Review
Not published

'
: Weekly.
'

Monthly press release to trade papers * — | 5th of month.

56
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
SOUTHERN
FURNITURE MANUFACTURERS' ASSOCIATION.
SOUTHERN P I N E ASSOCIATION
STEEL BARREL MANUFACTURERS' ASSOCIATION.
STEEL FOUNDERS' SOCIETY
STOKER MANUFACTURERS' ASSOCIATION.
STRUCTURAL STEEL SOCIETY
TANNERS' COUNCIL
,
TUBULAR PLUMBING GOODS ASSOCIATION.
TWIN CITY MILK PRODUCERS' ASSOCIATION.
U. S. STEEL CORPORATION

UNITED TYPOTHETAE OF AMERICA
WEST COAST LUMBERMEN'S ASSOCIATION.
WEBBING
MANUFACTURERS'
EXCHANGE.
WESTERN P I N E MANUFACTURERS'
ASSOCIATION.

Furniture shipments and unfilled orders

Not published in form used

Yellow pine production and stocks
Steel barrel shipments
Sales of steel castings
Sales of stokers
Sales of fabricated structural steel
Leather production through May, 1922
Tubular plumbing sales

Not published in form used
Monthly reports * (not published)
Not published
Not published
Not published
Not published
Semiweekly reports

Milk production, Minnesota

Not published

Unfilled orders
Earnings
Stockholders
Wages of common labor
Printing activity

Press release *
Press release *
Financial papers
Special reports *
Typothetae Bulletin

I 10th of mont h.
Monthly.
Quarterly.
Occasionally.
Monthly.

Douglas fir lumber production, etc

Not published

I

Sales of elastic webbing

Not published

Western pine lumber production, etc

Not published

I

DATE OF PUBLICATION.

SOURCE.

III.—REPORTS FROM TECHNICAL PERIODICALS.

ENGINEERING N E W S RECORD

Composite pig iron and steel prices
New York stock sales
New York closing stock prices
Foreign exchange rates, 1914 to 1918
State and municipal bond issues
Municipalbond yields
Visible supply of wheat and corn
Bank clearings, United States and Canada
Price index
Business failures, Canada
Price index for France
Chemical price index
. i Mine price of bituminous coal
.{ Cotton (visible supply)
I Interest rates
! Mail order and chain store sales
i New corporate securities
. i New York bond sales
i New York bond prices
i Mexican petroleum shipments
.! Business failures
i Price index
. ! Rand gold production
! Silver prices
. | Construction cost and volume index

; First or second week of month (daily).
! First weekly issue of month (Mondays).
| Weekly (Mondays).
Weekly (Mondays).
First weekly issue of month (Saturadys).
•> First weekly issue of month (Saturdays).
Weekly (Saturdays).
!
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Monthly.
Weekly (Wednesdays).
Weekly (Thursdays).
Weekly (Saturdays).
Weekly (Saturdays).
Second or third weekly issue of month (Saturdays)
Lastissue of month.
First week of month (daily).
; First week of month (daily).
20th of month (daily).
First weekly issue of month (Saturdays).
First weekly issue or month (Saturdays).
Second weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month.

FINANCIAL POST ., ;

. • Canadian bond issues

j Weekly (Thursdays).

AMERICAN METAL MARKET.
T H E ANNALIST
T H E BOND B U Y E R .
BRADSTREET'S

BULLETIN DE LA STATISTIQUE GENERALE
CHEMICAL AND METALLURGICAL ENGINEERING.
COAL AGE
COMMERCIAL AND FINANCIAL CHRONICLE

Dow,

JONES & Co. (WALL STREET JOURNAL) .

DUN'S REVIEW
ENGINEERING AND MINING JOURNAL-PRESS...

FRANKFURTER ZTETUNG

[ Price index for Germany.

Monthly.

HAY TRADE JOURNAL

I Hay receipts

Weekly (Fridays).

IRON AGE
IRON TRADE REVIEW
.ONDON ECONOMIST
LUMBER
MANUFACTURERS' RECORD
MILK REPORTER

. i Pig-iron production
Composite finished steel price
Iron and steel prices
Railway freight car orders
Price index for United Kingdom

First weekly issue of month (Thursdays).
I Weekly (Thursdays).
I Weekly (Thursdays).
| First weekly issue of month (Thursdays).
| 10th of month.
First weekly issue of month (Fridays).

Price indices of lumber.
Southern construction
Southern bond issues
I Milk receipts at Greater "New "York•

Monthly.
| Monthly.
Weekly.

MODERN MILLER

Argentine visible supply of wheat and corn

Weekly.

NAVAL STORES REVIEW

Turpentine and rosin, receipts and stocks..

Weekly (Saturdays).

NEUE ZURICHER ZEITUNG

Price index for Switzerland

N E W YORK JOURNAL OF COMMERCE...

Dividend and interest payments
New capital issues
New corporations..'
Fire losses
Newspaper advertising
Flaxseed, receipts, etc
Argentine grain shipments
Wheat flour production for 1917
Price indices of drugs, oils, etc
Argentine shipments and supply of
flaxseed
Mexican petroleum shipments
Magazine advertising
Book production
Wheat flour production, from July, 1920
Sugar stocks, receipts, meltings, and Cuban statistics
Price index for Sweden

N E W YORK EVENING POST
NORTHWESTERN MILLER
OIL, PAINT, AND DRUG REPORTER.
OIL TRADE JOURNAL
PRINTERS' INK
PUBLISHERS' WEEKLY
'.'....'..'.'.'.'.'.
RUSSELL'S COMMERCIAL N E W S . . . ]
STATISTICAL SUGAR TRADE JOURNAL,
SVENSK HANDELSTIDNING




O

First week of month (daily).
First week of month (daily).
i First week of month (daily).
i 10th of month (daily).
! Not published.
I Weekly (Wednesdays).
Weekly (Wednesdays).
Weekly (Mondays).
\ Weekly (Mondays).
| 10th of month (monthly).
{ Second week of month.
i Third week of month.
1 Weekly compilation (daily).
Weekly (Fridays).