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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 OF FOREIGN AND DOMESTIC COMMERCE

No. 19

BUREAU OF STANDARDS

MARCH

1923

CONTENTS
Page.

Summary for January
Business indicators (diagrams and table)
Wholesale price comparisons (diagrams and table)
Comparison of wholesale price index numbers (diagram)
Business conditions in January
Index numbers of production and marketing
Trend of business movements (table)

Page.

1
2
4
6
7
23
25

Sault Ste. Marie Canal traffic
Volume of domestic and international money orders
Steel furniture
Farm labor
World crop summaries
Sources of data

48
50
45
45
46
51

SUMMARY FOR JANUARY.
Industrial movements in January, almost without
exception, showed a marked increase over the preceding month as well as setting new high records for many
industries since the boom period of 1920. Iron and
steel, textiles, building and building materials, fuels,
paper, and other fundamental industries all showed
the results of this increased activity.
Cotton and woolen goods, pig iron, steel ingots,
locomotives, zinc, copper, petroleum, paper boxes,
brick, and flooring are among the basic commodities
whose January production figures show the largest
output for any month since 1920. Sales and unfilled
orders show the same upward trend, especially in
metals and building materials.
Distribution movements in January were also very
satisfactory, both wholesale and retail, indicating
that a large volume of goods is moving into consumption. Further increases occurred in car loadings,
giving a weekly average of 847,363 cars, which is more
than 100,000 greater than the^ weekly average in
January a year ago. An increase in surplus cars and
a reduction in idle and bad-order cars indicate that
the railroad situation is becoming more normal under
its heavy burden.
Wholesale prices, as a whole, showed no change in
January but farm products declined, while other
groups rose. The present increase in productivity
has thus far been differentiated from the 1919 boom
36767—23




1

by the relatively small expansion of commercial
credit and the relatively gradual increase in prices.
The price increase during 1922 amounted to less than
half of the increase in wholesale prices during 1919.
The increase in the volume of business during January is clearly indicated by the larger bank clearings
and debits to individual bank accounts, both in New
York City and outside. Debits outside New York
increased 17.5 per cent over January, 1922. So far
the figures do not indicate that much larger demands
for credit are being made on the Federal Reserve
system. It is significant, however, that the New
York and Boston Federal Reserve banks raised their
rediscount rates to 4£ per cent during February,
followed shortly thereafter by the San Francisco bank,
thus making a uniform rate in all 12 districts.
Reports indicate that employment remains at practically its maximum, with some industries reporting
difficulty in securing sufficient help.
Building construction is showing extraordinary
activity for this season of the year. Contracts awarded
during January in 27 Northeastern States totaled
38,947,000 square feet with a value of $217,333,000.
This represents an increase of about 1 per cent over
December and 30 per cent over the figures for January
of last year. The activity in this industry is having a
far-reaching effect upon the demand for other commodities and upon the employment situation.
(1)

BUSINESS INDICATORS.
[1913 monthly average-100. See explanation on inside front cover.)
PIG-IRON PRODUCTION.
1020

1921

BITUMINOUS COAL PRODUCTION.
1022

1.000

1.000

1980

1921

COTTON CONSUMPTION.

1922

1920'

I«

800

600

400

X NUMBER

400

- A

\
mi
\

A

r
v

1

_-l

\

8 8

INDEX NUMBERS

1021

800

800

80

1 >V /

60

/

v

tm

—

S**r\f

\

\ J
\s

40

40

20
10

10

.1920

1921

BANK CLEARINGS OUTSIDE'NEW YORK
CITY (VALUES).

EXPORTS (VALUES).

NET FREIGHT TON.MILES.
1922

1920

I92I

I922

1.000
800

800

800
800

600

600

S

w y s

100

80

8 8

INDEX NUMBERS

Uj 80

400

v

400

60
40

40

40

20

.20
to

10

DEFAULTED LIABILITIES (VALUES).
I92O

I92I

WHOLESALE PRICES.

I022
1 000

1920,

1921

PRICE OF 25 INDUSTRIAL STOCKS.
1921

1922

800

600

60

V\/V
—t2

a

_ *°

s 200

1




S

i:

INDEX

EX NUMBERS

400

20

10

19«

BUSINESS INDICATORS.
The following table gives comparative index numbers for a selected list of important business movements. It is believed that this
fable 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
11 base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numberB
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 tr ^ of the index numbers, compared to previous months, does
reflect the present tendency in each item and will give a basis for busine^ .dgment.
MONTHLY AVERAGE.

192!

1922

1923

COMMODITY.

j 1920

1921

1922

Dec.

Feb. | Mar.

I Jao

Apr. • May. j June.

July. Aug. | Sept.' Oct.

Nov. j Dec.

Jan.

1918 monthly average-100.
Production:
Pig iron*
|
Steel ingots
j
Copper
J
Anthracite coal*
|
Bituminous coal*
j
Crude petroleum*
•
Cotton (consumption)*4
Beef
Pork
Unfilled orders:
Steel Corporation
Stocks:
Crude petroleum*
Cotton (mills and warehouses) **... j
Prices:
j
Wholesale index, all commodities j
(Dept. Labor)
j
Retail food (Dept. Labor)
j
Retail coal, bitum.—U. S. average
(Dept. Labor)
Farm crops (Dept. Agriculture) *...
Fannlive stock (Dept. Agriculture).
Business finances:
Defaulted liabilities
Price 25 industrial stocks*
I
Price 25 railroad stocks*
Banking:
Bank clearings, New York City
Bank clearings, outsideN.Y. City..
Commercial paper Interest rate
Distribution:
Imports (value)
(
Exports (value)
Sales, mail-order houses
Transportation:
Freight, net ton-milee

119
135
99
97
116
178
111
11
?
111

54 ;
64 !
39
99 i
87
189 !
85 !
109
116

87
110
81
58
85
222
102
121
129

64
65
18
81
79
203
106
99
133

i
!
!
!

92
119
93
1
56
220
106
125
149

90
123
90
<>
•
51
224
103
124
133

94
113
92
2
43
225
95
119
117

71
100
98
2
56
225
109
127
109

79 !
108
95
65
103 i
219 1
103 i
131
101

95

64
79
64
81 !
72
107
in !
79
61
37
25
75 !
82
89
115
(8) !
40 {
103 ! 126
94
208 197 j 225 ; 216 j
92 j
109 98 | 108
106 |
98
119
111
105 .
144
123
118

98

101

113

103
130
102
112
113
231
111
141
113

111
131
101
112
114
230
120
134
146

121
126
102
111
117
242
109
124
183

126
147
108
114
126
249
127

170

90

96

72

109
150

152
183

234
161

177
224

187
203

199
187

211
171

225
151

235
128

244
103

249
87

250
83

251
138

253
184

252
191

252
193

252
176

226
203

147
153

149
142

140
150

138
142

141

142

142

139

143
139

148
139

150
141

155
142

155
139

153
140

154
140

156
145

156
147

156
144

207
238
168

197
109
107

188
113
111

189
97
91

182
98
95

179

179
112
117

177
175
115 i 118
115 ; 118

175
119
119

175
118
119

184
114
112

205
110
109

205 1 208
110 ! 118
110 j 105

207
123
104

206
126
106

108
184
67

230
136
64

229
169
75

385
140

325
143
65

320
149

315

68

70

322 ' 195
163
166
74
76

168
166
74

176
170
77

177
178
82

162
184
83

152
191
83

256
187
74

217
190
74

257
275
127

205
212
113

230
228
76

234
325
89

219
209
85

195 i 237
184 I 221 212
84
83
79

244 i 255 233
228 i 233 224
74 ! 70
«5

215
225
68

219
233
72

249 I 220
267 1 246
76
76

240
260

251
288
80

294
331
264

140
181
188

174
154
204

159
143
217

145
135
175

144
121
161

169
146
154

188
146
157

200
151
190

185 ; 195 199
179 , 184
166
268
277
287

137

105

114

99

111

125

144

139

132

124

123
100

124

96
83

109

i 101

70

105
108

86

153

171
159
211

145 j 169 174
154 | 149 i 162
196 | 194 174

104 ! 120

99

90

102

106

114

1
1

177
182
76

164
243

1919 monthly average =-100.
Production:
Lumber 2
'.\
100
Building contracts (floor space)
; 72
Stocks:
Beef
70
Pork
! 97
!
Business
finances:
!
Bond prices index (40 Issues)
j 86
Banking:
!
Debits to individual accounts, out- j
aide N e w York City
! 114
Federal Reserve, bills discounted...| 132
Fed era! Reserve, total reserves
' 97

114
102

85
69
43
85
87

!

89
76

90
65

27
70

35
51

107

j
91
97
91
28
122 144

95
64

103
111

107
I 125

33

31

29

27

60

67

74

76

102

ioo ;
61

137

!
'

, 102

95 ;
44 ,

140

84
37
141

j 104

99
33
142

. 107

! 132
I 130

122
111

129

24

21

22

28

40

81

67

47

50

48
68

47

94

20
91

20

83

108

109

111

112

110

107

107

107

90
21
146

94
22
146

105
24
147

98
34
16
4

112
33
144

112
31
147

128
| 128

I

, 108

i
,

94 | 92 | 98
30 , 29 j 24
143 i 143 j 144

93 |
20 j

145 j

SI

•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).
• Monthfy p<i?&s 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 association? in 1919 was equal to 11,190,000,000 board feet, compared with a iota] lumber production for the country of
34,552,000,000 board feet reported by the census.
3
Less than 1.
* Yearly figures are monthly averages for the crop year ending July 31 of year indicated.




COMPARISON OF PRESENT WHOLESALE PRICES WITH PEAK AND PRE-WAR.
(Relative prices 1913-100.)
INDEX NUMBERS
400
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, M I D D L I N G
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. PACKER'S
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




WHOLESALE PRICE COMPARISONS.—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS.
NOTE.—Prices to the producer on farm products 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 U. S. Department of Commerce, Bureau of the Census, \& far as possible
all quotations represent prices to the producer or at the mill. See diagram on opposite page.

COMMODITIES.

Date and maximum
relative price.

Nov.,
1922.

Dec,
1922.

Jan.,
1923.

Relative price.
(1913 average=100.)

Farm products—Average price to producer:
Wheat
June, 1920
Corn
July, 1920
Potatoes....
June, 1920
Cotton
July, 1920
Cottonseed.
May, 1920
WooL
July, 1918
Cattle, beef.
May, 1919
Hogs
July, 1919
Lambs
Apr., 1920
Farm products—Market price:
Wheat, No. 1, northern, spring (Chicago)
May, 1920
Wheat, No. 2, red, winter (Chicago)
May, 1920
Corn, contract grades, No. 2, cash (Chicago)
Sept., 1917
Oats, contract grades, cash (Chicago)
June, 1920
Barley, fair to good, malting (Chicago)
Mar., 1918
Rye, No. 2, cash (Chicago)
Mar., 1918
Tobacco, burley, good leaf, dark red (Louisville)
Mar., 1919
Cotton, middling upland (New York)
Apr., 1920
Wool, unwashed, fine (Ohio)
Mar., 1920
Cattle, steers, good to choice, corn fed (Chicago)
Mar., 1919
Hogs, heavy (Chicago)
July, 1919
Sheep, ewes (Chicago)
Apr., 1918
Sheep, lambs (Chicago)
Feb., 1920
Food:
Flour, standard patents (Minneapolis)
May, 1920
Flour, winter straights (Kansas City)
May, 1917
Sugar, 96° centrifugal (New York)
May, 1920
Sugar, granulated, in barrels (New York)
May, 1920
Cottonseed oil, prime summer yellow (New York)
July, 1919
Sept., 1920
Beef, fresh carcass good native steers (Chicago)
July, 1920
Beef, fresh steer rounds No. 2 (Chicago)
Sept., 1919
Pork, loins, fresh (Chicago)
Clothing:
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)
May, 1920
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Apr., 1920
Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York)
May, 1920
Worsted yarns: 2/32's crossbred stock, white, in skein (Boston)
Jan., 1920
Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York)
Oct., 1918
Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (Boston)
July, 1920
Silk, raw Japanese, Kansai No. 1 (New York)
Jan., 1920
Hides, green salted, packer's, heavy native steers (Chicago)
Aug., 1919
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Aug., 1919
Mar., 1917
Leather, sole, hemlock, middle, No. 1 (Boston)
Nov., 1919
Leather, chrome calf, dull or bright, "B " grades (Boston)
Mar., 1920
Boots and shoes, men's black calf, blucher (Massachusetts)
Aug., 1919
Men's dress welt tan calf (St. Louis)
Fuels:
Sept., 1922
Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati)
Oct., 1921
Coal, anthracite, chestnut (New York tidewater)
Aug., 1920
Coke, Connellsville (range of prompt and future) furnace—at ovens
Mar., 1920
Petroleum, crude, Kansas-Oklahoma—at wells
Metals:
July, 1917
Pig iron, foundry No. 2, northern (Pittsburgh)
Sept., 1920
Pig iron, basic, valley furnace
July, 1917
Steel billets, Bessemer (Pittsburgh)
Mar., 1917
Copper ingots, electrolytic, early delivery (New York)
June, 1917
Lead, pig, desilverized, for early delivery (New York)
May, 1918
Tin, pig, for early delivery (New York)
Zinc, slab, western, early delivery (New York)
/June, 1915
Building materials a n d miscellaneous:
Lumber, pine, southern, yellow flooring, 1 x 4, "B " and better (Hattiesburg district). Feb., 1920
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington)
Jan., 1920
Brick, common red, domestic building (New York)
Feb., 1920
Brick, common building, salmon, run of kiln (Chicago)
Oct., 1920
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district)
Sept., 1920
Steel beams, mill (Pittsburgh)
June, 1917
Rubber, Para Island, fine (New York)
Jan., 1913
Suiphuric add, 66° (New York)
Feb., 1910




!

Per cent
increase
(+) or decrease ( - )
in J a n .
from Dec.

326
300
706
312
321
344
183
256
239

127
106
97
198
184
199
90
104
169

133
113
99
204
197
211
89
102
172

131
114
IOS
216
199
211
03
104
175

-1.5
+0.9
+9.1
+5.9
+10
.
00
.
+4. 5
+2.0
+ 1.7

354
302
331
2%
325
451
352
331
350
218
266
319
263

134
129
116
J]8
108
130
208
200
232
123
99
137
180

140
134
117
122
110
140
20S
201
227
124
99
133
191

131
128
114
117
104
137
20$
215
236
115
9S
14S
182

-6.4
-4.5
-2.6
-4.1
-5.5
-2.1
0.0
+ 7.0
+ 4.0
-1.0
+ 11.3
-4.7

328
363
598
526
374
201
211
254

146
148
160
160
r-to
120
107
12-5

148
152
163
162
134
120
106
102

145
145
151
158
149
119
103
104

-2.0
-4.6
-7.4
-2.5
+ 11.2
-0.8
-2.8
-2.0

348
478
427
2S9
292
291
466
283
490
211
473
308
292

183
223
190
212
169
221
217
124
100
124
167
204
153

1S6
223
196
212
169
221
226
111
85
124
167
204
153

192
227
197
219
169
221
225
109
86
124
167
210
153

+3.2
+18
.
+0.5
4 3.3
00
.
0.0
-0.4
-1.8
+12
.
00
.
0.0
+2.9
0.0

336
201
637
375

291
198
295
134

268
200
2S7
134

256
200
338
145

-4.5
0.0
+17.8
+8.2

346
330
388
230
261
224
386

185
189
146
87
165
82
129

171
169
142
90
166
84
127

ISO
175
145
93
178
88
125

+5.3
+ 3.6
+2.1
+3.3
+ 7.2
+4.8
-1.6

455
407
381
251
195
331
124
250

214
212
225
176
173
136
27
70

216
212
266
177
171
132
2S
70

220
212.
305
17S
15S
132
34
70

+1.9
0.0
+ 14.7
+0.6
-7.6
0.0
+21.4
0.0

- Q

COMPARISON OF WHOLESALE PRICES BY GROUPS.
1918

320

M

j

3

4-1
—
—

J

M

J

M

J

S

N

J

M

M

1919

J

S

N

J

M

f

"\\ i

M

1920
5

J

N

4

I
I" '

—

-

-

•

1

/ /

c

>
\

—j

220

—
NUMBERS

r"?

/
•

X
a i6o

V

Ul

—

z

•

Y
*\
\
1

140

120

100

80

—

/

) --/
2
M **,
y (

.

.

k

-

-f

—

-—

—

—

\

•S

j

/r tk

9

J

8

N

—

—

Pri —

—

—

340

—

320

300

—

—-

w
i\

__
_

260

—

240

220

—

—

\

\

_

k

\

\

.. . ^ ^

V

—**

\

\
—

J

280

J

— —
-

——

140
V

-V.

—V

—

120

—
00

--- -1

—

M

-

s?

1
i
i
J

__
_
—

M

—

—

-

._

——
-

J

•

!
]
1913 AVERAGE

.... .)..__.

N

ft\

—>

w

.

1922
S

\' —

Jl

\

\

- /

/
1— -

J

—-

//

*

—_j

60

/

-.

M M

-

/ /

-

J

-

i

\

J
I

O/

240

N

1

/ . .-

?•

r

260

1921
3

r

/

r

- -

r vi

/
f

.......

i

j

/
/

•

300

280

M

§

340

M

8

i9!7
J

Relative price? 1913=* 100.)

—
—- —

—

—

—

80

— - 60

-

~\

4-

40
—

20

n

--




-— _
—

—

—

An

_—

j

—i

.
—

•

!

„—

—

—

—

-

—20

-----

-

—- —-

—

INDEX NUMBERS

(Department of Labor Index.

a>

BUSINESS CONDITIONS IN JANUARY.
The following pages contain a review by principal
industries of the more important statistics shown in the
table on the "Trend of business movements7' (p. 25).
vSummaries of production, stocks, sales and price
changes are given also.
PRODUCTION.
Productive activity made a further advance in
January. Out of 47 commodities for which production figures on a 1919 base are now available, there
were 35 increases over December, 10 decreases, and 2
unchanged. Most of the declines occurred in lumber
and paper products. New high records since the end
of 1919 were made in the output of cotton goods, steel
sheets, crude petroleum, electric power, clay fire brick,
maple flooring, and enamel baths and sinks, while
other important commodities made new high production records since the 1920 boom, such as pig iron,

steel ingots, locomotives, copper, zinc, oak flooring,
paper boxes, and silica brick.
The index of mineral production compiled by the
Department of Commerce (as shown on page 23) rose
to 124.2 in January, as compared with a base of 100
in 1919. This was the highest since last October and
compares with 93 in January, 1922. The index of
animal marketings made a seasonal decline in January
to 113.4, but declined less than a year ago and compares with 96.4 for the January, 1922, marketings.
The index of crop marketings at 114.3 shows a considerable decline from December but exceeds the figure
of 102.3 for January, 1922. All groups of crops had
higher marketings than a year ago. The index of
manufacturing rose to 118.9 as against 108 in December. Taking identical commodities available monthly
since the end of 1919, the January manufacturing index
was 114.6, the highest recorded during that period.

COURSE OF PRODUCTION SINCE 1919.
RELATIVE PRODUCTION

Maxi- Mim'imiip |mum;

RELATIVE PRODUCTION (1919=100).

(1919=100).

1
Maxi-1 Minimum
1920 1921 1922
since
Dec., Jan., Dec., \ Jan.,
end end aver-; aver- !aver- 1921. 1922. ! 1922.! Ifl23
age.
of ' of age, age.
1919. 1919.

1Mft

SnS?

1921 1922
since since a "*J avpr- avpr . Doc -> i Jan , i D e c , Jan.,
end end av_eGr" age? i e 1921 ! 1922' 1922> 1923.
age
of
of
1919. : 1919. (

FOODSTUFFS:

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

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

64
82
67 [ 92
58
93
58
80
40 104
26 103
4
91
20
76
64
99
41
86
41 111
38
93

;

Cotton (consumption).. 118
57
Sole leather
, 95 , 63
Boots and shoes
] 1113 ! 1 86

FUELS:

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

METALS:

Pig iron
Steel ingots
ICopper
frZinc
Silver
Gold (receipts)

,

I

• 119
137
127
i»148
j 163 j
! 177 !
j 116
153
135 :
145

()
41
11
« 62
112
98
71 ,
93 '
89 '
98

94
80 1 86
100
92 1 76
85
94
107
110
119
152
79
79
85
80 ,
130
78
90
70 ' 77
51
67 , 58
69
71
71 1 119
94
127 132
55
,
96 :
45
; 41
i
103
111
96 , 84 102
i
1

79
80

95 i 99 102 102 118
78 , 93
90 79 89
98 : 88 i 91 1 101 109

101
122
110
122
117
123
99
146
124
113

103
60
84 I 85 115 119
91
88
83 99 122 131
30 . 42
32 !j 31
78 93
79 113 ! 89
91 146 148
124 , 146 ! 133 137 159 163
•
130 157 I 133 ; 135 177
:
83
98 i 87 I 89 116
]
127 140 ' 136 ! 135 153
104 116 „ 117 j 105 ; 127
105
122 118 117 I 141 145
88 !
99
77
81 1
98
121
97
101
99 i

132
140
»103
126
129
181

34
33
»17
38
80
79

119
121
94
105
100
88

54
57
37
47
95
113

128
144
119

75
64
50

112
84
94

96
96
91

TOBACCO:

Cigars* 4
Cigarettes
Manufactured tobacco 4

*June, 1922.
»Since November, 1921.
1
Less than 1.




2

103
82

LUMBER:
91
83
97
94
92
60
99
71
120
85
110
90

1

65 '
58
17
58
83
127 j

65 121 127
65 i 113 132
24 ' 96 103
62 , 112 121
S3 ' 107 110
107 ; 117 98

79 , 75 , 95 95
68
84 - 80 121
71
97 I 75 105

Yellow pine
Western pine
North Carolina pine
'
California white and
sugar pine
J
California redwood
Douglas fir
Michigan hardwoods
Michigan softwoods
Northern hardwoods...
Hemlock
Oak
flooring
|
Maple
flooring
PAPER:

Mechanical wood pulp .
Chemical wood p u l p . . .
Newsprint
Newspapers (printed)..
Book paper
Wrapping paper
,
Paper board
Fine paper
Corrugated paper boxes5
Solid fiber paper boxes s

131
172 ;
168

94
121
98

272
8
182
57
130
44
122
27
120
28
21
161
120
33
273 1 42
139 , 47

121
122
102
89
82
105
91
106
103

143
138
116 ,
135;
126
134 j
135
121 [
142 '
142

109 , 87 j
'
117, 79
110
89
105 I 104
121 ! 79
120
94
119
85
113 ' 71
104 ! 65
104 1 89

102
102
105
120
107
120
111
105
117
109

106 i 37
120 I 63
100
79
125 ' 122
104
69

79
92
101
142

55
64 .
69 .
93
64
77;
65 :
I
53
30 '
18 !
STONE, CLAY, AND SAND
I
PRODUCTS:
13
Silica brick
130
Clay fire brick
128
43
Face brick
| 132
34
Cement
3 184 •61
Glass bottles
124
48
BUILDING EQUIPMENT:

fc_ Baths, enamel
Lavatories, enamel
Sinks, enamel
Buildings (contracted
for)

102
104 . 105 '•
99 115
122
67 ; 105 33 i 31 i 62 I 56
88 - 153 126 124 ! 134 i 120

20
33

248 65
235 1
214
130

30

78
109
79
60
59
88
57
123
' 83

;
;
I
I
!
:
1

\ 114
135
! 117
' 62
' 68
: 81
78 ,
, 226
i 114

54!
108 '
93
41
48
46
33
173
117

103
93
71
41
96
69
191
110

87 j 102
97 ' 113
68 ' 86
54 « 04
92
67 ;
232 272
136
139

101
94
94
115
93
112
92
90
82
83

90
98
92
110
96
114
89
96
75
90

105 .
104
111
128 124
116
129 ,
114
108
112
136
112 129

»

47
59
64
S3

- •

97 ' 102
106 ' 128
100
96
130 115
73

80

149 I 120 , 209 112
99
112 i 127 195
110 j 122 ' 172 105

140
138
135

72 i 69' ' 102 76

65

83 '

83

51
32
40
13

59
36
33
15

149
76
94
12 !

160
73
103

229
24S
200 , 199
189
214

TRANSPORT VEHICLES:

Automobiles, passenger «190 1 •51
Motor trucks
• 99 •32
Locomotives
135 i
Ships
79 i

Since January 1,1921.
• As represented by tax-paid withdrawals.

114
102
89
67

93

46 |

50
30 I

141
77
48
8

* Relative to last 6 months of 1919.
• Since July 1,1921.

COURSE OF PRODUCTION SINCE 1919.

COMPARISON OP JANUARY PRODUCTION W I T H P R E - W A R .

(Relative monthly production 1919=100.)
NOEX

(Average monthly production 1913=100.)

NUMBERS

INDEX NUMBERS
300

400

WHEAT FLOU«
BEEF PRODUCTS
WHEAT FLOUR
PORK

PRODUCTS

LAMB AND

MUTTON
BEEF

SUGAR

PRODUCTS

PORK

PROOUCTS

MELTINGS

OLEOMARGARINE

COTTONSEED OIL
CORN

LAMB AND

PRODUCTS

MUTTON

BOOTS AND SHOES

BITUMINOUS
BEEHIVE

COAL

COKE

BY-PRODUCT COKE
CRUDE

PETROLEUM

GASOLINE
KEROSENE
GAS

AND

FUEL OIL

LUBRICATING
ELECTRIC

PiG

OIL

POWER

IRON

STEEL-INGOT

SILVER
GOLD

'RECEIPTS

CIGARS
CIGARETTE'J
MANFD.

TOBACCO

YELLOW

PINE

WESTERN

PINE

NORTH CAROLINA
CALIFORNIA

PINE

WHITE

CALIFORNIA

PINE

REDWOOD

DOUGLAS FIR
MICHIGAN

HARDWOODS

MICHIGAN

SOFTWOODS

NORTHERN

HARDWOODS

HEMLOCK
OAK

FLOORING

MAPLE

FLOORING

MECHANICAL

WOOD PULP

CHEMICAL WOOD PULP

NEWSPRINT
BOOK

WRAPPING
PAPER
FINE

PAPER

PAPER
PAPER

BOARD
PAPER

CLAY

FIRE

FACE

BRICK

GLASS

BRICK

BOTTLES

BATHS. ENAMEL

SINKS. ENAMEL

AUTOMOBILES.

MOTOR

P*88ENGER

TRUCKS

LOCOMOTIVES
SHIPS

Comparison of productive activity with a year ago
shows 40 increases and only 7 decreases—sugar, sole
leather, gold, North Carolina pine, California redwood, glass bottles, and ships.
Complete production records for 65 commodities
for the calendar year 1922 show that 36 out of the 65
exceeded the 1919 average, 27 equaled or exceeded the
1920 average, and 55 exceeded the 1921 average. Of
the decreases from 1921, 3 were in the foodstuffs group,
2 in coal, and 2 in transportation vehicles (locomotives
and ships).




In spite of the large production in January, stocks
did not accumulate. Outside of the food commodities, which are greatly influenced by seasonal conditions, there were 9 increases and 10 decreases in stocks.
Compared with a year go, there were a total of 14 increases and 21 decreases, but among the foodstuffs
there occurred 9 increases and 6 decreases, while other
commodities, mostly manufactured goods, showed decreases in stocks in 15 cases and only 5 increases.
New high records were made in wheat and poultry
stocks in January.
Average monthly stocks during the year 1922 exceeded the 1919 monthly average in exactly half of
the commodities listed—23 out of 46. There were 20
increases over 1920 average, and only 14 increases
over 1921, with most of the increases over the latter

year confined to foodstuffs and petroleum products.
Compared with the 1913 average, 8 commodities
showed an increase in 1922, while 5 declined.

COURSE OP COMMODITY STOCKS SINCE 1919.

(Taken at end of month. Relative to 1919, average=100.(
INDEX NUMBERS
0

STOCKS OF COMMODITIES SINCE 1919.

100

200

400

600

BEEF PRODUCTS

(Taken at end of each month.)

PORK PRODUCTS
LAMB AND MUTTON
SUGAR. ( RAW )

RELATIVE STOCKS (1919=100).

COTTONSEED OIL

Maxi- Mini- 1920 1921 1922
mum mum
Dec, Jan., Dec, Jan.,
since j since aver-:!aver- aver- 1921. 1922. 1922. 1923.
age.
1919. ' 1919. age.

WHEAT ( V I S I B L E )
WHEAT FLOUR
CORN (VISIBLE )
OATS ( V I S I B L E )
BUTTER
CHEESE

FOODSTUFFS:

Beef products
124
Pork products
129
Lamb and m u t t o n . . . . 928
Sugar (raw)
437
Cottonseed oil
200
191
Wheat (visible)
149
Wheat flour
1,482
Corn (visible)
316
Oats (visible)
Butter
! 174
Cheese
J 156
Eggs
! 240
Poultry
; 181
Fish 2
! 110
Coffee
! 177
Apples
I 391
Rice (domestic)
j 360
CLOTHING MATERIALS:

20
38
25
44
8
28
54
108
16
6
28

70 \
97
183 !
110
110
89 '
95
174 !
69
89 ;
99 I
82 '
70
73 i
146
181 i
159 I

50

27
70
41
437
59
123
77
769
210
79
80
125
82 !
]
57 !
98
172 |
J
154 j
i

91 111

30
27
72

43
85
324
157
107
93
76
622
211
81
79
101
72
72
145
166
159

98 l
!

33
60
47
90
102
146
77
882
302
53
55
4
155
78
119
249
185

48
68
54
47
111
185
82
530
145
40
87
32
151
79
84
374
287

'643
138
24
69
5
181
65
70
307
281

137 124

118

108

178
150
109
171
152

240
188
94
169
146

241

35
51
77
65
104
184
82
787
304
73
72
22
156
96
139
313
155

47
81
63
84
96
191

I

Cotton (total)

136

51

241
189
153
178
162

101
61
85
75
81

104 l
98 :
126 i
89 ;
85 |

Pig iron (merchant)... 146
247
Zinc
Tin
! 528

31
48
122

60 j 132
108 ! 213
332 ! 232

114
121
67
175
97 | 178
244 ! 167 131
'
,

48
49
365

57
44
330

143
103
152
277
222
115
181
276
301
95
122
183
215

102
65
80
59
55
81
105
79
29
21
34
41
13

127 !
72 '
105 ;
!
161
103 !
103 !
140 !
170 |
50 I
31 ]
53 I
104 !
109 |

126 : 120
74 ' 89
!
98 ! 122
159 \> 151
1 8 0 i: 200
9 2 ;!
92
137 I1 181
185 | 227
!
98 jj 126
55 | 80
!
73 !i 106
175
215

125
88
112
190
216
100
173
253
127
73
103
171
172

130
64
86
147
163
108
133
174
82
43
52
182
144

122
63
88
176
162
111
145
217
96
43
47
176
125

143
13S
175
131
130
132
112

43
64
71
66
36
70
74

81
80
95
98 ! 87
100
111
122 I 122
121
112
89 ! 100
116
115
92
96
99

43
87
80
114
118
101
100

FUELS:

i

Crude petroleum
Gasoline
Kerosene
Gas and fuel oil
Lubricating oil

!
j
|
!

145
134
134
151
143

223
168
100
172
143

169
125
113
173
134

RICElDOMESTIC)
COTTON(TOTAL)
CRUDE PETROLEUM.
GASOLINE
KEROSENE
GAS AND FUELOIL
LUBRICATING OIL
PIG IRON(MERCHANT)

ZINC

MICHIGAN SOFTWOODS
OAK FLOORING
MAPLE FLOORING
SILICA BRICK

129
98
141
234
199
100
153
193
179
78
89
164
149

78 ! 108
99
63
97 125
75 115
48 101
79 117
79 101

FACE BRICK
CEMENT
BATHS (ENAMEL)
LAVATORIES (ENAMEL )
SINKS(ENAMEL)
ROSIN
TURPENTINE
MECHANICAL WOOD PULP
CHEMICAL WOOD PULP
NEWSPRINT ( A T M I L L S )
BOOK PAPER

96

WRAPPING PAPER
PAPER BOARD
FINE PAPER
TOBACCO ( TOTAL)

OTHER
AGRICULTURAL
PRODUCTS:

Tobacco (total)
Flaxseed

APPLES

MICHIGAN HARDWOODS

PAPER:

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

COFFEE

YELLOW PINE

MATE- |
I

Yellow pine
Michigan hardwoods.. >
Michigan softwoods...!
Oak
flooring
!
Maple
flooring
!
Silica brick
j
Face brick
Cement a
|
Baths (enamel)
I
Lavatories (enamel).. .j
Sinks 4
(enamel)
i
Rosin
Turpentine 4

POULTRY
FISH

TIN

METALS:

CONSTRUCTION
RIALS:

EGGS

132
1,578

92
27

102
117
116
550 1,242
167

113 !
347 !

108

FLAXSEED

!

179 204 I
} MAXIMUM SINCE 1919

1
Index number less than 1. 2 On 15th of month.
< Relative to season beginning Apr. 1,1919.

STOCKS

OF COMMODITIES

3
Relative
&

Oct. 1.

COMPARED

to stocks at end of 1919.

WITH

WW1X&A JANUARY 1923
K Z Z 2 3 M I N I M U M SINCE 1919
* DECEMBER

PRE-WAR.

•

• NOVEMBER

(Taken at end of each month.)

SALES.
RELATIVE STOCKS (1913=100).

1920 j 1921 1922
aver- i averaverage.
age.
Wheat (visible)
:
Corn (visible)
i
!
Oats (visible)
Coffee
Cotton (total)
\
Crude petroleum
Pig iron (merchant) 1 ...
Zinc
:
Tin
;
Oak
flooring
Cement*
!
Tobacco
Flaxseed
i Relative to 1914.

36767—23




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

134
256
270
89
183
152
84
196
127
375
91
131
74

177
315
268
60
161
234
48 !
89
134 i
256
S7
0/

130
I.

Dec,
1921.

264
323
389
85
224
177
72

Jan.,
1922.
235
362
387
73
203
187 !
76 i

92

242
106
127
21

Jan.,
1923.

266
217
186
52
193
252
30
45
201
236
81
121
12

164
305
119

2 Relative to stocks at end of 1913.

-2

Dec,
1922.

3

Oct. 1.

274
263
177
43
176
252
36
41
182
283
102
3

The demand for goods continued to increase in January. Out of 14 individual commodities shown for
January in the table below, there were 12 increases in
sales, declines occurring only in sales of merchant
pig iron and freight cars, which had reached large proportions in December. Retail distribution and advertising declined seasonally. Sales of securities were
about the same as in December, but life insurance
declined. Compared with January, 1922, there was
only one decline in sales in the entire list—bonds.
Sales in 1922 exceeded the 1919 average for 11 out of
17 individual commodities, for 1 out of 3 distribution

10
movements, for 3 out of 5 services, and for 3 out of 4
classes of securities. In 10 out of the 17 commodities,
the 1922 sales were larger than in either 1920 or
1921. Sales in all lines noted in 1922 exceeded 1921
except passenger traffic.
COMPARISON OP SALES IN DIFFERENT LINES OF BUSINESS.

RELATIVE SALES (1919=100).

Maxi-Minimum mum 1920 1921
since since

1922D e c , i Jan., Dec, Jan..
averend end aver- | age. aver- 1921. ! 1922.1922. 1923.
age.
age.
of
of
1919. 1919.

INDIVIDUAL COMMODITIES:

Pig iron (merchant)... 351
1,575 |
Freight cars
188 I
Structural steel
215
Baths, enamel
Lavatories, enamel — 262 '
222
Sinks, enamel
205
Sanitary pottery
260
Oak flooring
135 I
Maple flooring
158 I
Redwood lumber
174
Clayfirebrick
129
Leather belting
Abrasive paper and
148
cloth
129
Fine cotton goods
147
Paper l
168
Printing
143
Optical goods l

14
8
28
12
27
25
7
23
17
21
33
35

97
333
104
53
73
65
34
54
36
77
120 j
98 !

34
92
69
59
77
73
43
119
63
74
45
42

85
750
134
129
156
139
125
201
84
120
95
60

49
28
79
60
68
71
85
111
49
76
54
36 i

54 I 190
550 i 1,163
84 i 121
137
84
169
109
151
96
160
124
203
115
102
50
129
100
99
61
64
43

40
5
71
106
47

HI I
26 !
127
148
114 I

65
81
89
121
73

105
81
121
119
91

65;
99
111
119
74

81
51
101
120
57

102
118

90 i
87 i 95
82 .
71 I 77
124 , 141 242 !

113
123
120

113 I
147 '
106 I

DISTRIBUTION MOVEMENT:

Wholesalers»
Mail-order housesl
Chain storesl

107
136
280

Postal receipts 1
Telephone receipts 1...
Telegraph tolls»
Railroad revenues—
Passengersl
Freight1
AdvertisingMagazine
Newspaper

159
169
125

144
129

122 i 78 i
114 I 103

Storks
Bonds
Municipal bonds
(new)'
Life insurance >

110
178

72!
105 I

489
152

100
120

103
88
144
128
110

118
670
157
191
232
223
298
256
173
169
126
73
125

109
280

92
116

124 145 i 114 159
154 I 155
104 ! 98

136

SERVICES:

135
162

SECURITIES:

95
114

84 | 109
91
122

98 ! 91
110 113

55
83
94 1 111
184 i 163
102 I 114

I

100
123

90 j
97 i
59
75
113 ! 102
59
132 136
489
122

120
91

120

74
108
78
94

112
152

112

1 Items based on value.
Relative proportion of ordors to total transactions.

1

PRICES.

Prices received by farmers for both crops and live
stock increased in January. The crop price index
at 126 was the highest since December, 1920, due
largely to the rise in cotton prices, but the live stock
index was the lowest, except for November and
December, since January, 1922, standing at 106,
compared with a base of 100 in 1913.
Wholesale prices of farm products and foods
declined, but all other groups in the Department of
Labor's wholesale price index advanced, with no
net change in the total from 156 for the second consecutive month. The Federal Reserve Board's reclassification of this index shows advances in all
groups except consumers' goods and animal products.
The Federal Reserve Board's index for international




price "comparison increased from 153 to 154, while
Bradstreet's index remained unchanged at 149.
The cost of living as compiled by the National
Industrial Conference Board declined from 159 to
158. The only group changes were a decided increase in clothing and a marked decline in food.
The latter index, taken from the Department of
Labor, decreased from 147 to 144 on a 1913 base of
100.
Comparison of the prices of individual commodities
shown in the diagram and table on pages 4 and 5,
j shows increases in price to the farmer of all the princiI pal commodities except wheat, which declined, and
| wool, which remained unchanged. On the other
I hand, the market price of all farm products, except
j cotton, wool, tobacco, and ewes, declined, and also
all the manufactured food products except cottonseed oil. The principal changes in clothing quotations
were advances in cotton goods, worsted yarns, and
boots and shoes. Among the fuels, bituminous coal
was slightly cheaper, anthracite remained the same,
while coke and petroleum advanced in price. All
the metals advanced except zinc, while among the
building materials an advance in brick and a decline
in cement were the principal changes.
Rubber advanced 21 per cent, the highest relative
change during the month, followed by coke, brick,
cottonseed oil, and ewes, all rising over 10 per cent
from December. The chief declines in January
were in cement, raw sugar, and cattle, all between
7 and 8 per cent less than the December price.
TEXTILES.

Wool receipts at Boston were very heavy in January. Foreign wool receipts were the highest since
April, 1921, but domestic wool was received in only
half the volume as a year ago. Woolen machinery
activity in textile mills was still more pronounced
than in December and consumption of wool amounted
to 63,348,000 pounds, the largest recorded since these
comparative records are available, in January, 1921.
Prices of wool and yarn rose, while finished goods
remained stable.
The world production of wool in 1922 is -estimated
by the Bureau of Foreign and Domestic Commerce
of the Department of Commerce at 2,270,737,000
pounds in the commercially important countries, as
compared with 2,354,735,000 pounds in 1921 and an
average for the years 1909 to 1913 of 2,545,565,000
pounds. These data, based on official figures in most
cases, are supplemented by bare estimates in other
countries which are not commercially important and
for which no accurate figures are available, such as for
Russia and all of Asia. The figures are summarized

11
below including these estimates (details for each
country are given in Commerce Reports for March 5,
1923):
ANNUAL W O O L PRODUCTION.

World's consumption of cotton has almost returned
to normal, but European consumption is only about
70 per cent of normal. The two following tables
show these trends:

(In thousands of pounds.)
WORLD'S CONSUMPTION OP COTTON BY COUNTRIES.
1909-13
average.

CONTINENT.

332,320
578,026
520,032
211,567
903,620

295,065
454,000
563,790
222,820
817,958

281,012
384,983
562,345
248,095
793,475

2,545,565
616,470

2,354,735
411,416

2,270,737
413,416

3,162,035

2,766,151

2,684,153

North America
South America
Europe.
Africa..
. .
Australia
Total commercial
Remainder estimated
Grand total

(In bales.)

1922

1921

WORLD'S SUPPLY AND DISTRIBUTION OF COTTON.
(In bales.)
American.
Stocks, August 1, 1921
Production (commercial cotton), 1921
Total supply, 1921-22
Consumption, 1921-22
Stocks, July 31,1922 (as reported)
Production (commercial cotton), 1922
Total supply, 1922-23
Consumption, 1922-23 (estimate)
Apparent stocks, July 31,1923 (by deduction)

9,351,000
7,954,000

14,752,000
14,741,000

17,305,000

29,493,000

12,293,000

20,047,000

5,123,000
9,964,000

9,536,000
17,664,000

15,087,000
12,312,000

27,200,000
20,579,000

2,775,000

6,621,000

EXPORTS AND CONSUMPTION OF COTTON.

1- 200

MONTHLY AVERAGE




AU kinds.

1921-22

6,485,000

4,906,000

5,904,000

6,400,000

3,870,000
3,828,000
1,722,000
1,909,000
1,486,000

2,134,000
4,602,000
1,925,000
1,883,000
1,464,000

2,948,000
4,823,000
1,947,000
2,275,000
2,150,000

3,100,000
4,523,000
1,950,000
2,500,000
2,106,000

19,300,000

United States
Europe:
United Kingdom
Continent
India
Japan..
..
All other countries
Total

Estimating the world consumption of cotton at
20,579,000 " bales for the crop year 1922-23, the
Department of Commerce calculates that world stocks
of all cotton will be reduced to 6,621,000 bales on
July 31, 1923, of which American cotton will amount
to only 2,775,000 bales, an abnormally low total.
These figures are shown below (for details see Commerce Reports for February 12, 1923):

1920-21

16,914,000

20,047,000

20,579,000

1919-20

COUNTRIES.

1922-23

W O R L D COTTON PRODUCTION AND CONSUMPTION.

(In bales of 478 pounds lint.)
World
production.
1908-9..
1909-10..
1910-11..
1911-12..
1912-13..
1913-14..
1914-15..
1915-16..
1916-17..
1917-18..
1918-19..
1919-20..
1920-21..
1921-22..
1922-23..
Average,
Average,
Average,
Average,
Average,

20,604,000
16,988,000
18,856,000
22,247,000
21,550,000
22,612,000
24,861,000
18,461,000
18,924,000
18,141,000
18,765,000
20,219,000
19,675,000
14,741,000
17,664,000
1908-09 to 1914-15...
1908-09 to 1916-17...
1915-16 to 1920-21...
1917-18 to 1920-21...
1921-22 and 1922-23.

World
consumption.

European
consumption.

20,289,000
19,164,000
19,888,000
21,534,000
22,533,000
22,199,000
20,670,000
21,978,000
21,108,000
18,515,000
16,705,000
19,300,000
16,914,000
20,047,000
20,579,000

10,968,000
10,295,000
11,040,000
11,998,000
12,117,000
12,029,000
10,606,000
10,878,000
9,044,000
6,621,000
5,962,000
7,699,000
6,736,000
7,771,000
7,623,000

21,040,000

10,996,000

17,860,000
20,313,000

6,755,000
7,697,000

21,102,000
19,031,000
16,202,000

Cotton consumption by textile mills in January was
the third largest in our history, totaling 610,375 bales.
Stocks of cotton made the usual seasonal decline but
were about 1,000,000 bales less than a year ago in
spite of an increase in stocks at mills. Exports of raw
cotton fell to 473,436 bales from the high total in
December. Activity of cotton spindles totaled 9,266,000,000 hours, a new high record, with an average
activity of 249 hours per spindle. Prices of cotton
and cotton goods advanced, especially raw cotton.
Production of fine cotton goods in New England
declined slightly in January, but sales increased considerably and were almost 40 per cent larger than
production.
Silk consumption, as calculated by the association,
increased to 34,680 bales, while stocks declined from
the December high mark. The price of raw silk
declined slightly.

COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS.
4C0

400

350

360




M

1913

J

1915

S N J M M J S N J M M J

1917

N

J

M

M

J

1918

S

N

J

M

M

J

!9I9

S

N

J

1920

1921

1922

1923

13
IRON AND STEEL.

Pig iron production in January rose to 3,229,604 tons,
the largest since October, 1920, while steel-ingot production at 3,717,071 tons has not been exceeded since
March, 1920. Unfilled orders of the United States
Steel Corporation increased after two months of declines and made a high record since February, 1921, at
6,910,776 tons. Merchant pig-iron shipments, unfilled
orders, and stocks increased, but sales declined.
PRODUCTION OF PIG IRON AND STEEL INGOTS AND U. S. STEEL
CORPORATION'S UNFILLED ORDERS.

10

y

\

r

v

;

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0

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O
LL

K
\

O
CO

O

r

1

*^

1920

f

J

1921

1922

LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS.




1923

Bookings of commercial-steel castings reported by
two-thirds of the shop capacity devoted to this purpose amounted to 103,581 tons or at the rate of 106.9
per cent of capacity. These bookings were the largest
since March, 1920. Railway specialties bookings
amounted to 47,879 tons, or 125 per cent of capacity,
while miscellaneous bookings totaled 55,702 tons, the
largest on record, and 95.1 per cent of shop capacity.
January shipments of 229 railroad locomotives by
the principal companies were the largest since a year
ago, while unfilled orders, amounting to 1,788 locomotives, were the highest on record. Domestic business
in this line continued to increase, while foreign business declined. Freight-car orders declined to 13,390
cars from the high December total.
Prices of iron and steel increased in January, especially pig iron, but structural beams remained stationary.
The output of steel sheets by mills made a new high
record since the end of 1919, at 92 per cent of capacity.
Shipments increased to 87.7 per cent of capacity, but
sales declined to about the same level as production
and shipments. Unfilled orders declined slightly.
Sales of fabricated structural steel were the largest
since last May and attained 75 per cent of shop
capacity. The following figures compiled by the
Bureau of the Census, of the Department of Commerce, show the total tonnage booked since last April
by 158 firms, with a monthly capacity of 220,690 tons,
and the estimated total sales for the United States
based on a capacity of 250,000 tons per month at the
rate of sales to capacity of the reporting firms:
B O O K I N G S OF F A B R I C A T E D STRUCTURAL

YEAR AND MONTH.

April
May
June
July
August
September
October
November
December
January
1

1922

|
|
i
I
!
i
!
!
,
!

1923

Reported by 161 firms.

2

Actual
tonnage
booked.
198,529 i
180,558 '
162,139 '•
152,023 I
150,700 :
141,418
126,535 '
l
107,709
*128,439 !

STEEL.

Per cent | Estimated
of
i
total
capacity. ! bookings.
89. 9
81.8
73.4
68.9 i
68.3 j
64.1!
57.3 ',
48.4
57.8

224, 800
204,500
183,500
172,300
170,800
160,300
143,300
121.000
144,500

a
:
164,404
75.2;
18S.000
i
!
_i
Reported by 159 firms. 3 Reported by 147 firms.

Shipments of steel barrels increased, but production
declined. Unfilled orders continued to increase, reaching the highest point recorded since these statistics
were inaugurated two years ago.1
i The Steel Barrel Manufacturers' Association has entered into cooperative arrang ements 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 stool
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 tho
association, 142S Bulkley 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 th e
demand for these becomes greater than the supply a charge will be made by the
association sufficient to cover merely the cost of distribution. A summary of tho
statistics issued by the association will bo given in later issues of the SURVEY.

14
NONFERROUS METALS.

PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.

Copper production made a new high record since
these monthly figures became available in January,
1920, reaching 110,589,000 pounds, more than four
times as great as the output a year ago. The price
of copper advanced.
Zinc production rose to 92,634,000 pounds, the
highest since March, 1920, while stocks declined to
33,148,000 pounds, the lowest since the armistice.
Receipts and shipments at St. Louis declined perceptibly, and the price of slab zinc decreased fractionally.
Stocks of tin declined but the price rose. Receipts and shipments of lead at St. Louis increased
over December but were less than a year ago. The
price of pig lead advanced.
FUELS.

Coal production in January was very large. Bituminous production at 50,123,000 tons was the
largest since December, 1920, except in March, 1922,
when the industry was especially active on account of
the impending strike. Anthracite production at
8,713,000 tons was the largest since 1919, also with
the exception of March, 1922. Production of both
beehive and by-product coke continued to increase,
with new high records in both classes since 1920.
Prices of coal and coke were irregular, compared with
December. The production of public-utility electric
power continued its steady increase and reached the
highest point on record at 4,709,180,000 kilowatt hours.

PRODUCTION, CONSUMPTION, IMPORTS, AND STOCKS OF
PETROLEUM.

PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE.

35

co 30

I
O25
CO

Q

Z

co 20
O
U.15
O
co
O

glO
o
z

1

\

v
V

\
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\

i

1

\

A

\

I

7

r

1/

\

5

\
>




1821

1922

\i\\xVk\\\
I

1920

I

1921

15
back to the November level, increasing in all hands
except jobbers'. Contract prices of newsprint advanced but spot prices declined.
New high production records were made for both
corrugated and solid fiber board paper boxes in January.

The output of petroleum in January increased to
51,467,000 barrels, another new high record in the
history of this industry. Stocks increased slightly
but represented a smaller number of days' supply than
at any time since January, 1922. Imports of petroleum declined slightly but consumption made a new
high record at 57,929,000 barrels. The price of
Kansas-Oklahoma crude oil rose to $1.35 per barrel.
Gasoline production for December, the latest figures
available, made a new high record at 585,050,000 gallons, and stocks rose to 883,793,000 gallons, the highest
on record except for April, 1922, owing to the decline
in consumption. Production of gas and fuel oil also
made a new high record in December, but stocks declined. Kerosene production declined, lubricating oil
output was about the same as in November and stocks
of both these commodities increased.
The price of crude petroleum increased in January.

AUTOMOBILES.

The output of automobiles in January was the
highest since last August. Passenger-car production
totaled 221,697 cars but trucks totaled only 19,206,
the lowest in four months. Shipments of automobiles
were heavy, with rail shipments the highest in recent
years. Internal revenue taxes on trucks and accessories made a small increase over December, but taxes
collected on passenger cars increased over 50 per cent.
GLASS AND OPTICAL GOODS.

Production of glass bottles in January was the largest since last June, but orders, production, and shipments of illuminating glassware declined. Shipments
of spectacle frames and mountings increased slightly
and unfilled orders were the largest since November,
1920.

PAPER AND PRINTING.

Production and shipments of newsprint paper recovered from the December decline, but consumption
decrease(d still further. Stocks of newsprint also came

STOCKS OF PETROLEUM AS REPORTED AND AS TRANSLATED INTO DAYS' SUPPLY.

JAN.-

OCT,

APR.

JULY

1922
JAN.-

JULY

APR.

JAN.«-

OCT.

JULY

APR.

JAN.-

OCT.

APR.

JAN.-

OCT.

APR.

JAN.-

OCT.

1921

1920

OCT.

19)9

1918

JULY

1917

JULY

il

JULY

t D W

APR.

J

*

NUME
DAY'?
JAN.

CO W

220

1

/

250 200 1

1

/

I

225

200

/

180

160

\

/

%
i

*<

175

/

111

150

125

V

140

120

•

*—.

N

4
1
#

yJ

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100
"

100

80

75

60

50

40




;

C

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1

\

16
BUTTONS.

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.1
PER CENT OF
STOCKS ON
HAND (GROSS). ' MACHINE ACTIVITY.

and general buildings both rose from 192 to 197, as
compared with 100 as the pre-war average.
An increase of about 1 per cent in both floor space
and value took place in building contracts awarded in
January, as compared with a usual decline expected
at this period. Declines took place in residential
buildings and educational buildings, but all other
classes showed an increase.
Fire losses declined considerably from the December
high mark.
BUILDING MATERIALS.

WEEK ENDING—

1923

1922

All lumber species reported for January showed a
large increase over December, except Western pine and
December 30, 1922l
13 631 726
January—
North Carolina pine, which declined. Large increases
233.S
13 411,411
6
2 43. 6
45.1
13 437 707 ;
2 52 1
13
also occurred over the January, 1922, output in all
251.4
13 445 918
2 52. 1
20
27
13 470 931
2 51.4
= 53.2
species except redwood and North Carolina pine.
February—
251.1
3
'
13 307 907
54.2
Shipments showed some irregularity, compared with
251.1
13 293 408
10
54.2
13 331 972
17
December, but were in every case considerably larger
than a year ago. Stocks generally declined during the
1
s Subject to revision upon receipt of complete inventory figures.
Based on reports from. 16 firms.
month and in comparison with a year ago. ^Prices
rose, especially hardwoods.
BUILDING CONSTRUCTION.
Production of maple flooring in January reached
The cost of building increased in January. Material
the highest point on record and oak-flooring* produccosts increased slightly, while total costs for factory
tion was exceeded only once. Orders booked showed
1 The National Association of Button Manufacturers has entered into cooperative the same tendency, with maple flooring orders 70 per
arrangements with the Department of Commerce for the wider distribution of the
cent above any month in the past three years. Unstatistics compiled and issued by that association. The statistics cover the quantity
and price of orders received, quantity of button stocks on hand, and machinery
filled orders for flooring also made new high records
activity weekly for fresh-water pearl buttons specified by kind and grade. Persons
for recent years, while stocks increased.
desiring 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
The refractory bricks, silica and clay fire, both had
to the Survey of Current Business for forwarding to the association. A limited
increases in production, shipments, and stocks during
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 ; January. New high records were made by clay firesufficient to cover merely the cost of distribution. A summary of the statistics
i brick production and stocks since 1919, and by silicaissued by this association will be given in later issues of the Survey.




19*23

2

VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES.

1919

1920

1921

1922

17
brick production and stocks since 1920. New orders '
and unfilled orders for clay fire-brick made good gains.
Face-brick production and shipments declined, while
stocks and unfilled orders increased. The price of
common brick showed a large rise and, except for last
June and July, was the highest since August, 1920.
Cement production made a seasonal decline in
January but was twice as large as a year ago. Shipments were also much higher than in January, 1922,
but stocks showed a decline. Concrete paving contracts let in January made a seasonal decline, but the
total was larger than a year ago.
Reports inaugurated by the Tubular Plumbing Goods
Associationx last August show the following total
monthly sales by manufacturers representing approximately 75 per cent of this industry.
TUBULAR

PLUMBING

SALES.

1922
September.

October.

November.

Number.! Value. Number. Value. Number.: Value.
Cast traps
Wrought traps
Miscellaneous traps.
Basin supply pipes (pairs)
Bath supply pipes (pairs).
Tank supply pipes.
Connected wastes and
overflows
Total..

8,419
64,040
32,129 I
30,844 ;
23,055 J
40,400 '

6,392 $10,169
6,739 $15,651
41,838 46,121 I 51,685 55,233
30,485 31,406 30,444 32,268
20,096
17,324
17,554 20,609
18,520 14,711
10,722
13,463
21,502
9,554
5,836 31,536
I
33,788 46,423
24,675 I 34,289
163,508

48,552

December.
Number. Value.

Total.

67,373

160,086 | 188,264 187,175 247,439 | 244,602
1922—Con.

Cast traps
Wrought traps
Miscellaneous traps.
" •
>ply pipes
ply pipes
^ ply pipes
Connected wastes and overflows

$12,893
70,647
38,040
24,442
20,628
10,580

i

January.
Number. Value.
14,147
101,045
69,553
44,594
26,446
82,900
63,953

$20,275
107,426
77,751
36,682
23,659
23,691
88,918

240,160 1 311,738
1

378,403

10,293 $16,101
54,530 58,445
58,879
51,842
25,829 21,947
18,308 14,383
73,894 20,932
39,849 56,510
281,582

1923

Large increases occurred in January in orders
received and in shipments of sanitary enamel ware,
while stocks also increased, except sinks. New
1
The Tubular Plumbing Goods Association has completed cooperative arrange ments with the Department of Commerce for the wider distribution of the statistics
compiled and issued by that association. These statistics are issued semi weekly
and cover manufacturers' sales, in 3-day intervals, of the classes of goods listed in
the accompanying table. The figures are given in much greater detail in the regula r
reports specifying the quantity 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.

36767—23




3

PRODUCTION AND STOCKS OF CEMENT.

—
%
-

\l

J• — - \
\

5
1921

r

>
\

A

/
\ /

\

v
V

/
/

i

%

1922

high records since 1919 were made in shipments of
baths and sinks, and in orders received for sinks and
miscellaneous, while for baths and lavatories only
May, 1922, showed larger orders in that period.
Orders for sanitary pottery were almost twice as
high as in December and made a new high record.
LEATHER.

Production of sole leather was the largest since
January, 1922. Output of skivers and oak and union
harness also increased in January. Sales of leather
belting were the largest in volume since October,
1920, except for last August. Boot and shoe production increased to 29,994,000 pairs, which was only
slightly below the high record of last October.
CHEMICALS, OILS, AND NAVAL STORES.

Statistics on wood-chemical operations for December, the latest available, showed an output of acetate
of lime and wood alcohol about twice as high as in
December, 1921. Price index numbers of crude
drugs, essential oils, and chemicals advanced in
January, while drugs and pharmaceuticals declined.
Receipts of turpentine and rosin were higher
than in January, 1922. Stocks of rosin were larger
than a year ago, but turpentine stocks were smaller.
Receipts and shipments of flaxseed were less than
in December but greater than a year ago. Stocks
declined to a total of only 82,000 bushels at Minneapolis and Duluth.
Stocks of cottonseed made a seasonal decline, but
were 25 per cent greater than a year ago. Production
of cottonseed oil increased slightly, contrary to seasonal trend, and was very much larger than a year
ago, while stocks were smaller than last year.

18
CEREALS.

Receipts of wheat at principal markets declined
in January, but were far above the January, 1922,
movement. The visible supply increased to
140,760,000 bushels, an increase of almost 20,000,000
over a year ago. Production and consumption of
wheat flour for December greatly exceeded December,
1921, and stocks were slightly larger. Prices of wheat
and flour declined in January.
The movement of corn in January was considerably
smaller than a year ago, and the visible supply was
8,000,000 bushels less, though seasonally larger than
a month before. Corn prices in Chicago declined.
Grindings of corn increased.
The following table gives revised figures for the
distribution of corn sirup (glucose) by manufacturers
in 1921, as compiled by the American Manufacturers'
Association of Products from Corn. Comparable
figures for 1919, 1920, and the first half of 1922,
will be found on page 16 of the January issue (No. 17)
of the Survey of Current Business.
DISTRIBUTION OF CORN SIRUP (GLUCOSE) IN 1921

(REVISED).
Pounds.

Mixed sirups
Manufacturing confectioneries—
Jams, jellies, and preserves
Bakers
Brewers
Technical (textiles, papers, etc.)Tobacco manufacturers
Ice-cream manufacturers
Miscellaneous.(dealers, etc.)

298,086,350
328,674,697
20,052,051
30,703,440
22,992,893
6,258,445
14,224,009
816,558
56,205,344

Total for domestic consumption.
Exported

778,013,787
221,581,034

Total distribution.

SUGAR AND COFFEE.

Receipts of the domestic cane-sugar crop declined
in January but were greatly in excess of last yearTotal meltings and stocks of raw sugar increased seasonally over December, but were smaller than a year
ago. Cuban sugar movement showed very large
receipts, exports and stocks, as compared with a year
ago.
The visible supply of coffee declined and was much
less than a year ago, both for the United States and
for the world. Receipts and clearances in Brazil
were about the same as a year ago, but a larger proportion was cleared for the United States.

999,594,821

Receipts of oats were considerably larger in January
than a year ago, but the visible supply was only half
as large as the abnormal stocks carried at that time.
The prices of oats, barley, and rye declined. Total
car loadings of grain and its products were smaller
in January than in the previous month or a year ago.
Rice receipts were about the same as a year ago,
though less than in December. Shipments from mills,
however, made a good increase over both periods.
Stocks of domestic rice declined slightly, but were
50 per cent larger than a year ago.
Car-lot shipments of apples were almost twice as
large as a year ago, and cold-storage holdings were
1,000,000 barrels larger, making a new high record
for this time of the year. Car-lot shipments of potatoes
were slightly smaller than in January, 1922, but
shipments of onions were slightly larger.
MEATS AND DAIRY PRODUCTS.

The movement and slaughter of cattle in January
was considerably higher than a year ago and coldstorage holdings were 35,000,000 pounds greater.
Prices of cattle and beef declined during January.




The movement and slaughter of hogs in January
was also considerably in excess of last year's. • Coldstorage holdings increased by over 123,000,000 pounds
during the month and were almost 200,000,000 pounds
greater than a year ago. The price of hogs declined
but fresh pork advanced.
The movement and slaughter of sheep was slightly
less than a year ago, while cold-storage holdings were
larger. Prices were irregular.
Receipts of butter, cheese, and eggs exceeded the
January, 1922 receipts by a good margin and coldstorage holdings were also larger, except creamery
butter, where a decline of over 50 per cent occurred
from a year ago to a new low record for this time of
the year. Prices of butter and cheese declined
slightly. The production of milk in the Minneapolis
district increased.

STOCKS OF RAW SUGAR IN CUBA AND SUGAR EXPORTS FROM
CUBA.

TOBACCO.

Output of cigarettes and manufactured tobacco
and snuff, as shown by tax-paid withdrawals, made
large increases over December, while cigar output
declined. Sales of tobacco at loose-leaf warehouses
decreased.

19
WATER TRANSPORTATION.

In spite of a further decline in vessels completed
during January, tonnage of vessels under construction
was the highest since November, 1921. Ocean freight
rates declined in January. The Sault Ste. Marie
Canal and the Erie Canal were closed for the winter.
Panama Canal traffic reached a new high record
in December, with 1,535,000 tons of cargo passing
through, of which 881,000 tons were in American
vessels, far surpassing previous performances of
American ships.
RAILROAD TRANSPORTATION.

LABOR.

The railroad situation became nearer normal in
January, with an increase in surplus and a decline in
shortages of freight cars reported. The net shortage
at the end of the month was reduced to less than 47,000
cars as against 68,000 the previous month and over
175,000 in October. Bad-order cars were further
reduced to the lowest point in two years.
SHORTAGE,

SURPLUS, BAD-ORDER, AND TOTAL
FREIGHT CARS.

I.OOO

J
N/

950

1

1
I
fo \

900
850

i

(
i

800
750

1
J
/
/'»t
J

V

Employment in New York State factories declined
slightly in January but in Wisconsin there was an
increase. Unemployment in Pennsylvania was further
reduced. Slightly more workers than jobs were
registered at state and municipal employment agencies
in December, but the excess was smaller than in
November.

OF
IMMIGRATION, EMIGRATION, AND IMMIGRATION QUOTA.

J

r

\
\

/

\
\
i

1

\

A

Ti
/ \

f

//

I ' f
\
\/ 1
V

1

700

LOADINGS

/

i

1

Car loadings rose to a weekly average of 847,363
cars at the end of January, as compared with 734,442
in January, 1922. Coal, forest products, and merchandise loadings all made large increases over a year
ago, while the first two items were responsible for the
increase over last December.
Railroad operations for December, the latest
available, show a slight increase in net-operating
income over December. Freight revenue declined,
but an increase in passenger revenue almost made up
for it, while operating expenses declined slightly.

650
g 600

S 500

S

z

l\

5 450

*/

A

\

2

=\
/I\~A

350
300

l\ $/
/! ^/

250

ity
h?

200
150
100

_L

*7 V

D
O
E 400

A
\
\

f

\

~h
/

i




/\
f\

/ Awl\\
v \\

\ 1
\
\ 1
\ 1
V

zr t:
ZVL
—\l

\\
\
\

\\ .
\

A

\ 1
\ /

A

^ ^ C A R SHORTAGE »f

1920

Farm^wages declined from 3.1 to 6.4 per cent from
October 1 to January 1, according to a survey by the
Department of Agriculture. Day farm laborers received on the average $1.98 a day without board and
$1.47 with board on January 1, while monthly farm
labor received $40.30 per month without board and
$27.81 with board. Every division of the country
except the South Central reported a decrease in wages
during the period.

1921

JA
1922

DISTRIBUTION MOVEMENT.
\
1

Large increases in sales were recorded in January
by mail-order houses and chain stores, as compared
with January, 1922. Advertising in both magazines
and newspapers increased over a year ago, and the
former was also larger than in December. Postal
receipts were higher than in January, 1922.

20
SALES OF MAIL-ORDER HOUSES AND CHAIN STORES.

PUBLIC FINANCE.

50

\

45
40
35
30
CO

N

n

S

3

it
II

Q

V

<n
Z

o
d 15
5
10

/

N

/\

•

/

// / 4J
k \I

5
n
1920

1921

#~A-

i1

f• \

i '

/

i

--

iJ

i

CHA

il

•i
II

$1

Jf ei u

25

d
O
0
o 20

I!
M

j
•i

1922

A further slight decline was made in the interestbearing debt of the United States in January, with a
considerable reduction in Liberty and Victory Loans
and War Saving securities. Customs receipts increased and were the largest since the war, except for
last September, just before the new tariff came into
effect. Total ordinary receipts exceeded disbursements, a reversal from conditions a year ago. Money
held outside of the Treasury and Federal Reserve
System declined.

5

BANKING AND FINANCE.

Large increases occurred in debits to individual
accounts and bank clearings in both New York City
and outside, with an especially marked advance over
the corresponding figures of a year ago. Discounts,
investments, and note circulation of the Federal
Reserve Banks were reduced in January, but deposits
and total reserves increased, the reserve ratio rising
to 76.9 per cent. Among the member banks, there
were increases in loans, investments, and deposits.
The interest rate on call money declined while commercial paper remained stationary.
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS.

N E W S P A P E R ADVERTISING IN 23 CITIES.
(Computed to eliminate seasonal variation.)




J
>

V

/

/
/

\
\
\
V

Vo .
\
\

\

\
\

V

\z

v; — - |

ii
1920

192!

1922

h

21
Savings deposits in commercial banks made good
increases during January in all districts except New
York, where a slight decline occurred. Deposits
in the postal savings system also declined slightly.

NUMBER OF BUSINESS FAILURES AND AMOUNT OF DEFAULTED
LIABILITIES.

LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERAL
RESERVE MEMBER BANKS.

_

_
_

13

pSJj

12
II

—•

0 1 3 cou N T

-

idl—
9

* m

4
b

„«• • %

*

MS NT1
»<» • —

» •"
"

0

^

»0

—

2

1

0

S g

i

Life insurance sales declined considerably from the
December seasonal high mark, all classes undergoing a
decrease; but a good increase was shown over January,
1922, with increases in all classes in both number of
policies and amount of insurance.

80

12

50

8

JAN."

OCT.

JULY

APR.

JAN.-

OCT

APR.

10

40

JAN.

14

60

1922

16

70

1921
OCT.

JULY

1920

Si

JULY

? INDEX
BER
INTE REST RATES
PER CENT

INTEREST RATES AND BOND PRICES

GOLD AND SILVER.

**/

30

PF

x ___ _

1

MER C)>
^

It

/

4

0

ND

g

20

Prices of industrial stocks advanced in January,
while railroad stocks remained stationary. Prices of
corporation bonds declined, but the yield on municipal bonds was slightly less than in December.
Sales of both stocks and bonds were slightly higher
than in December.

Domestic receipts of gold at the mint again declined
in January. The Rand output of gold also declined
from December. Both imports and exports of gold
were larger than in December, but the excess of imports was about the same amount, $24,000,000.
Production of silver in January increased slightly.
Exports were about the same as in December, but imports were $2,000,000 less, thus turning an import
surplus of silver of $1,000,000 into an export surplus
of about the same amount.

0

Business failures in January were more numerous
than in December but the amount of defaulted
liabilities was considerably less. New capital issues
of corporations amounted to $632,784,000, a new
high record. New incorporations were the largest
since last May. Dividend and interest payments
were larger than a year ago.




FOREIGN EXCHANGE.
Most of the foreign currencies declined in January
and the general index of foreign exchange fell from
70 to 68, as compared with 100 at par. The chief
declines occurred in German, Belgian, Italian, and
Brazilian exchange, while a rise occurred in exchange
on India, Chile, and England.

22
FOREIGN TRADE.

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 November, 1922, have
just become available. Since these can not easily be
fitted into the table on the " 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
November, 1921. The imports for October, 1922,
covered also the last 9 days of September, and the
figures reported for September, 1922, covered only
the first 21 days of that month or up to the time
when the new tariff went into effect. It is, therefore,
hardly fair to compare a full month's imports with
these longer and shorter periods. A cumulative total
for the three months, September, October, and
November of each year, gives a chance to compare
the trends in these periods. A total import trade of

$291,000,000 in November, 1922, shows the largest
value for any single month in two years.
EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM.
400

IMPORTS OF SPECIFIED COMMODITIES.

November,
1922

GRAND TOTAL IMPORTS

thous of dolls..;

November,
1921

Percentage; THREE MONTHS CUMULATIVE ENDING NOVEMBER—
increase
(+) or '
decrease
(-)t

November,
1922, from
November,
1921.

Percentage j
increase !
(+)or I
decrease i
( - ) , cu- !
mulative
1922 from
1921.

1922

1921

865,784

578,248

+49.7

291,906

210,948

10,584
121,737
10,239
239,966
41,595

6,059
124,955
9,258
206,865
48,135

+74.7
-2.6
+ 10.6
+ 16.0
— 13.6

19,887
315,328
35,988
607,290
124,120

20,298
266,675
26,869
509,663
120,429

-2.0
+ 18.2
+33.9
+ 19.2
-f 3. 1

63,6.50
40.439
6^764
6,268
7,408

25,149
11,816
2,411
4,440
5,468

+ 153.1
+242. 2
+180.5
+41.2
+35.5

183,129
110,746
23,323
20,037
21,291

84,198
39,207
11,382
10,560
20,189

+ 117.5
+ 182.5
+ 104.9
+89.7
+5.5

bales..
thous. o f l b s . .
thous. oflbs..'
long t o n s . .
thous. of l b s . . I

49,550
27,084
5,702
26,553
55,067

151,440
10,946
4,729
11,126
50,064

-3.7
+ 147.4
+20.6
+138.7
+ 10.0

80,994
80,237
17,758
77,763
146,205

89,071
34,624
13,982
33,599
111,706

-9.1
+ 131.7
+27.0
+ 131.4
+30. 9

RUBBER

thous. oflbs..I

55,819

51,731

+7.9

174,479

113, 920

+ 53.2

METALS:

•

thous. of long tons..;
thous. of l b s . . !

140
8,944

11
6,88fi

+1,172.7
+29.9

391
31,409

38
17,034

+928.9
+84.4

short tons..
short t o n s . . i
short t o n s . . i

27,475
126,937
98,115

35,504
71,204
74,544

-22.6
+78.3
+31.6

72,549
308,144
282,695

90,859
192,829
222,146

-20.2
+59.8
+27.3

10,322
105,954

13,731
15,629

-24.8
+577. 9

23,929
225,964

43,489
48,525

+38.4

FOODSTUFFS:

Rice
Coffee
Tea
Sugar
Vegetable oils

thous. of l b s . .
thous. of l b s . ,
thous. of l b s . .
long i o n s . .
thous. of l b s . .

H I D E S AND SKINS:

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

thous.
thous.
thous.
thous.
thous.

oflbs..
oflbs..
oflbs..
of l b s . .
of l b s . .

TEXTILES:

Cotton
Wool
Silk
Fiber
Burlap

Iron and steel
Tin
PAPER:

Mechanical wood pulp
Chemical wood pulp
Newsprint paper
CHEMICALS:




Potash
Nitrate of soda

;

long tons..!
long t o n s . . I

-45.0
+365.7 i

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 1921. 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 M I N E R A L

200
180
180

\

—

—

OF P R O D U C T I O N OF R A W

MATERIALS.

|

(
1

~1

!

I

J

140

*

\920

(D

£120

1923

1919 /

GE^

z'
X
INDEX

PRODTTCTION.

(Averago monthly production 1919=-100.)

1

(Relative production 1919=100.)

1

1921
Dec.
Total..

106.1

Minerals (total).
Animals
Crops
Forestry

85.1
103.4
118.2 |!
90.6 'i

1922
Jan.

Oct.

98.2
93. 0
96.4
102.3
89.9

1923
Nov.

Dec.

137.1

129.2

! 2 127.7 i 2 123.0
i 111.5
112.7
j M94.6 * 160.3
! 123.1 i 120.7

2 119.8
118.7
a 141.3
103.1

Jan.

153.5

124.2
113.4
114.5

1

Revised.

N U M B E R S OF CROP

MARKETINGS.

(Average monthly marketings 1919—100.)

For complete table and discussion, see September (No. 13) issue of the Survey.

2

INDEX

160
INDEX

OP M I N E R A L

160

PRODUCTION.1

/

/
/

(Relative production 1919=100.)
1921
Dec.

19122
Jan.

\J

1923

Nov.

Dec.

127.7

2123.0

2 119.8

151.9
118.3
116.8
134.8
8
95.6
131.6
199.9
121.1
109.3

2

159.0 1 163.2
121.7
131.3
114.8 1 118.7
0.3
2
103.2
96.1
2
132.2
137.0
227.3
122.9
84.2
70.5
109.9
107.0

Oct.

Jan.

s\
V \\\

I'

k

V

"1 -

1919 AVEF AGE
/

Total production

85.1

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

133.1 i 136.8
82.9
98.5
84.5 '' 85.2
17.3
24.1
119.7
122.7
58.3
62.8
77.1
91.8
82.5
83.4

Total, excluding lead,
gold, and silver
1
8

93.0

84.7

93.0

2

128.0

150. ?
118.6
116.3
84.0
2 94.8
137.6
189.9
106.3
103.1
123.4

120.4

124.2

OF M I N E R A L

/

•

—

•

125.1

For complete table and discussion, see September (No. 13) issue of the Survey.
Revised.
INDEX

•

vs

INDEX NUMBERS OP MARKETINGS OF ANIMAL PRODUCTS.
(Average monthly marketings 1919=100.)

PRODUCTION.1

(Relative production 1909-1913=100.)

1922.

^—

1919 i kVER/

*—Petroleum
Bituminous coal
Anthracite coal
Iron ore
Copper
Lead
Zinc
Gold
Silver
Total, excluding lead,
gold, and silver
x

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




"l920
\

f

1923

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

INDEX

N U M B E R S OF MANUFACTURING

1921
1921
Jan.

i 1923

1922

1923

1922

Oct. i Nov. ! Dec.

i

Dec.

PRODUCTION.1

Nov.

Oct.

Jan.

Jan.

Dec.

Total index.
Grand total

118.2

194.6

160.3

141.3

114.5

Corn
Wheat
Oats
Barley
Rye
Rice

347.4 1 216.6
264.9
55.4
153.4
76.1
85.6
123.4
69.7
29.2
22.0
59.5
58 8 i 31.8
197.3
158.6
313.9
145.3

159.6
134.9
121.3
53.0
196.4
292.1

249.9
143.9
108.8 :
54.4
178.6
208. 8 ,

250.5
119.4
117.5
48.7
179.9
156. 3

Total grains

122.1

130.5

171.1

145.1

168.2

152.2

Potatoes (white)
Sweet potatoes
Tomatoes
Onions
Cabbage
Celery

65.2
|
j I 160.7

111.0
149.9

4.3
60.6

5.3

87.4
340.0

101.7
156.0
268.3

224.7
291.6
102.6
269.4
315.9
383.6

130.3
214.3
23.5
116.0
165.6
346.2

77.2
176.6 !
,").4
87.7
113.9
399.8

109.8
179.6
10.8
109.7
136.4
351.8

72.3

109.4

227.6

131.9

112.0

Total..

84.8

61.9

275.8

121.1 !

120.2

IRON AND STEEL:

1 169.1
0.2

163.8
0.1

431.3
47.9
83.7
976.0
476.7

131.6
231.7
68.7

183.7 !
8.1
12.4

197.4
0.4
13.1

3.2

0.1
7.6

I

!

Total vegetables
Apples
Peaches
Citrus fruit
Grapes.
Pears
Watermelons
Cantaloupes
Strawberries

8.6

1.3

41.9

85.8 !

72.4

315.4

161.2

145.3
76.7

Cotton
Cottonseed

62.3
87.0
37.0

221.8
272.3

205.1
197.8

90.8
143.7
i
1

93.5
83.0
60.5

107.0

135.1

Total miscellaneous...

229.3

204.0

138.3

79.7

69.3
97.5
55.2
98.6

61.6
102.0
262.2
29.4

71.3 1 71.4
70.9
85.9
202.0
155.1
465.0
562.0

69.1
69.9
79.9
415.7

110.5

Hay
Tobacco
Flaxseed..
Cane sugar

79.6

53.6
97.8
95.1
486.6

Total cotton products.

86.1

88.3

104.7

118.1

95.3

Dec.

PRODUCTS.

103.4

Total

84.7 |
69.1 |
105.2 !
73.5
45.3
313.7
52.2
107.4

Wool. . .
...
Cattle and calves
Hogs
Sheep
.
. .
Eggs
Poultry .
...
Fish
Milk

Oct.

Nov.

Dec.

Jan.

96.4

111.5

112.7

118.7

113.4

77.6
79.3
114.5
81.0
67.8
115.5
78.0
109.4

48.5
143.1
98.5
146.2
59.1
108.5
101.4
122.0

54 5
118.3
118.3
101.0
41.3
228.1
79.0
113.9

44 1
88.9
133.9
66.9 j
40.9
370.9
54.8
115.0

37 7
91.4
142.0
72.2
71.8
220.8
45.4
115.9

For complete table and discussion, see June (No. 10) issue of the Survey.
I N D E X OF F O R E S T R Y

Pig iron
Steel ingots
Locomotives..

LUMBER:

Lumber..
Flooring..
Total
SOLE LEATHER
PAPER AND PRINTING:

Total

STONE, CLAY, AND GLASS:

Brick
Glass bottles
Total
METALS, EXCEPT IRON
STEEL:

AND

Copper smelting and refining
Zinc smelting and refining.
Enamel ware
Total metals, except iron
and steel

TOBACCO:

Manufactured tobacco and
snuff
Cigars
Cigarettes

MISCELLANEOUS:

Shipbuilding.
1923

Dec.

1 For complete table and discussion, see January, 1923 (No. 17), issue of the Survey.
2
3
Subject to revision; partly estimated.
Revised.
MANUFACTURING PRODUCTION—SUPPLEMENTARY
NUMBERS.

Yellow pine
\
Western and sugar pine j
and white fir
!
Douglas fir
Redwood
Hemlock
Maple, birch, and beech-.
Total lumber.
Pulp wood
Gum
Distilled wood
Grand total
i For complete table and discussion see August (No. 12) issue of the Survey.
> Revised^
* Partly estimated,




100.9 i 106.6 i 96.5
124.9 j 124.4 !j 117.7
131.6 I 123.0 144.7

Wood pulp.
Paper
Printing (paper purchases)
Consumption by printers,
newapaper printing

Total

PRODUCTION.1

(Relative production, 1919=100.)
1921

Cotton (consumption)
Wool (consumption )

Total.
1923

1922
Jan.

Total..
TEXTILES:

Coke
Petroleum products
Cottonseed oil
Turpentine and rosin

1

(Relative marketings, 1919=100.)
1921

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

CHEMICALS, ETC.:

For complete table and discussion, see July (No. 11) 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

FOODSTUFFS:

Total...
10.8

2.5

Total fruits

1

102.3

1922

1921
Dec.

INDEX

Jan.

Oct.

1923

Nov.

Dec.

j
;
;
i

88.0
119.7
48.0
97.9
83.8

91.4
122.7
55.4
64.1
98.3

112.9
131.6
144.4
183.6
143.4

111.1
137.6
143.6
169.6
133.1

101.1
1132.2
137.7
129.6
133.8

Combined supple- !
mentary

70.8

I 77a

138.8

134.4

|

Jan.

127.6

Boots and shoes
Lead
Automobiles
Cement
Rubber tires

* Revised.

108.9
137.0
146.4
115.1
158.7

139. R

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:
December, 1922.—This column gives the December figures corresponding to those for January 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
September 30, 1922.
January, 1923.—In this column are'given the figures covering the month of January, or, as in the case of stocks, etc., the situation on
January 31 or February 1. In a few cases (usually where returns are reported quarterly only) the figures are for the quarter
ending September 30 or the condition on that date. Where this column is left blank, no figures for January were available at the
time of going to press (March 7).
Corresponding month, December, 1921, or January, 1922.—Thefiguresin this column present the situation exactly a year previous to
those in the "January, 1923," column (that is, generally January, 1922), but where no figures are available for January, 1923, the
December, 1921, figures have been inserted in this column for comparison with the December, 1922, figures. In the case of
quarterly figures, this column shows the corresponding quarter of 1921.
Cumulative total from July 1 through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total for the seven months ending January, 1922 and 1923, respectively, except where the January, 1923,figuresare lacking,
in which case the cumulative total for the last six months of 1921 and 1922 is given.
Percentage increase (-f) or decrease ( —) cumulative, 1922-23 from 1921-22.—This column shows the per cent by which the cumulated
total for the seven months ending January, 1923, is greater (+) or less (—) than the total for the corresponding period ending January, 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 rioted 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. 11 the converse is true the index number will be less than 100. The difference between 100 and any index
number gives at OIKe 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 (-f) or decrease (--) January from, December. -The last column shows the per cent increase or decrease of the figure
for the last month compared with the preceding month.
NOTE,—Because of the confusion resulting from the new tariff schedules, the Bureau of Customs Statistics, Treasury Department, has not been
able to compile the import figures for either December or January. All import figures are therefore omitted from this table. November imports
are given on page 22.
NUMERICAL DATA.
NOTE.—Item? marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for those
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.

December,
1922

TEXTILES.

January,
192a

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

or decrease

BASE
YEAR

OR

cumu!| lative
i 1922-23
1922-23 !! from
i 1921-22.

1921

192*2

1923

i

Percentage
increase

! (+)
{ or dc! crease

PERIOD. !

I,

i

1

h Der-

Jan.

Oct. Nov.

Dec

Jan

(}

Jan.
I from
Dec

i

Wool,

Corresponding
month,
December, 1921,
or
January,
1922.

INDEX NUMBERS.

Percentage
increase

j

Consumption by textile mills. , =thous, of lbs. .|
Receipts at Boston.
Domestic
thous. of lbs..
Foreign
thous. of lbs..
Total
thou: of lbs..
Machinery activity:
Jvooms, wide
per ct. of hours active..
Looms, narrow
per ct. of hours active..
Looms, carpet and
rug
per ct. oi 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:
W oolen spindles — per ct. of active 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..
Carpet looms
per ct. of active to total..

36767—23




i

58,367

63,348

52,280 ;

348,864

403,323 + 15.6

1921

112 : 118 • 134

7,855
34,788
42,643

6,723
39,066
45,789

13,825
13,061
26,886

117,526
33,254 I
150,780 |

103,849 ! - 11.6
171,804 j+416.6
275,654 !-f 82.8

1913
1913
1913

112
78
102

1921
1921

I 98
113

94
106

114 | 116 | 123
122 [ 114 I 115

126 :+ 2.6
131 4- 14.2

148
105
108

144
131
119

168 + 3.6
133 + 0.7
116 ;- 0.8

64
103
247 ! 225
143
109

143

132

71
58
412 i 659
168 j 227

144 1+ 8. S
50 - 14.4
740 + 12.3
244 !+ 7.4

84.5 \
73.3 |

S6.7
83.7

83.3
94.4

86.3
95.1

76.1
75.4
96.3

1921
1921
1921

137
102
111

90.5
98.6

91.6
95.4

74.6
86.1

1921
1921

103 | 104 126 I 125 126 I 127 ;+ 1.2
105 i 105 j| 115 114
120 ! 116 !;- 3.2

85
89
81
83
85

85
90
81
86
86

73
86
66
73
78

1913
1913
1913
1913
1913

97
118
95
108
109

:

64.8
68.0

i
i

j
I
I
I
!

95
116
89
100
115

109
120
104
108
122 I

163 j 162
131 | 132
125 j 116

109
122
109
112
124

110
120
109
114
125

110
0.0
122 f l.i
109
0.0
118 •!+ 3.H
126 + 1.2

26
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*) |
have not been published previously in the
CorreSURVEY or are repeated for special reasons;
sponddetailed tables covering back figures for these |
ing
items will be found at the end of this bulletin. ; DecemJanuary, month,
For detailed tables covering other items, see j b e r
Decem1923
the last quarterly issue of the SURVEY (NO. ! 1922
ber, 1921,
18).
!
or
January,
1922.
TEXTILES-Continued.

(+)

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

or decrease
(-)
cumulative
1922-23
from
1921-22J

1922-23

1921-22

BASE
YEAR
OR
PERIOD.

1921

1922

Consumption by textile mills
bales.. j
Stocks, end of month:
j
Mills
thous. of bales..;
Warehouses
thous. of bales..'
Visible supply
thous. of bales.. I
Exports, unmanufactured
bales..'
Manufactured goods:
I
Cotton cloth exports
thous. of sq. y d s . . 1
Fabric consump.by tire mfrs.thous.of lbs..
Machinery activity:
SpindlesActive
thousands..
Total activity
mills, of hours..
Activity per spindle
hours..
Prices:
Raw cotton to producer..... .dolls, per l b . .
Raw cotton, New York
dolls, per l b . .
Cotton yard
dolls, per l b . .
Print cloth
dolls, per y d . .
Sheeting
dolls, per y d . J

.353
.52
1.700
.950
3.420

.353
.50
1.650
.950
3.420
527,945

.180
.35
1.278
.815
2.835

(+)

or decrease
(-),
Jan.
from
Oct. I Nov. Pec. I Tan.
Dec.
Dec. j Jan. I

! 1
:

101
141
161
145
184 j

108
193 I 199 I 211 j 211
0.0
159
227 I 232 I 227 j 236 j + 4.0
165
293 j 212 I 212 219 j + 3.0
145
146 ! 169 ! 169 169 \ 0.0
184 213
221 ! 221 j 221
0.0

1913

106!

109 ! I l l ; 1 2 0 ' 109 |

1913
1913
1913
1913

130 I 124 103 ; 128 I 143 148 j|+ 3.4
296 I 263 296 ' 239 1 232 198 :U 14.6
j
128 i 124 ' 109- 11.9
148 137 I 110
65
65 ! 110 ! 118 ! 84

1913
1921

108 I 84 ; 138 ; 124
|
95 I 115 150 : 135

1913

114

114 i 112 • 115 I
!

1913
1913
1913
1913
1913

137
143
154
168
174

129
140
148
168
160

1919
1919

117
99

84

0.9
23.3
18.7
4.0

1 1920
» 1920
U920
* 1920
1 1920

102
444
115
40
384

»1920
1920
1913

117
48
209

526,698 i 3,421,799 | 3,730,581 '; + 9.0

1,921
1,987
4,075
3,482
3,812 \ 3,359
607,853 j 473,436
|
41,367 | 38,893
9,501 ! 10,997
'
34,968
8,228
221

1913
1913
1913
1913
1913

33,842 j 202,887 j 232,640 + 14.7
31,139 j
|
6,762
;

610,375

1,669
4,622
4,202 j

475,910 ! 4,194,232

.245
. 257 j
.460 j
.077 !
. 120 j

34,441 j
7,932 j

.259
. 275
.474
.078
.121

338,787 I - 5.1
69,332 |!+ 24.7

357,129
55,604

.155;
.179 i
.365
.058

215 ;

112
105 j - 6.0
142 > 164 ;'+ 15.7

116 117 i+ 0.8
+ 12.G
+ 12.7

187
198 1 204 l
178 : 200 ! 201 :
171 . 183 1 180
208 ' 223 I 223
176
190 I 196 i

216 1 + 5.7
215 j + 7.0
192 j + 3.0
227 '+ 1.3
197 j! + 0.8

i

I

3,754,230 j - 10.5

127+15.6

,j

31,037 !
7,707

35,241
9,266
249

i

Fine Cotton Goods.

i

.pieces..
.pieces..

435,785 | 401,786
391,480 | 556,440

320,719 ; 2,660,724 j 2,823,678 + 6.1
229,380 ! 2,541,705 2,998,959 \ 4- 18.0

Knit Underwear.
Production
Orders received
Shipments
Cancellations
Unfilled orders, end of month.. .thous.

• 1923

Percentage
increase

!
I
!

Wool—Continued.
Prices:
Raw wool to producer, all
|
grades
dolls, per lb..\
Unwashed,fine Ohio,Boston.dolls, per l b . . I
Worsted yarn
dolls, per lb. J
Wool dress goods
dolls, per y d . .
Men's suitings
dolls, per y d . .
Cotton.
i

Production
Sales

I N D E X NUMBERS.

Percentage
increase

97 1 107 114 ; 105 !;- 7.R
S8 ; 125 I + 42. 1
149
88

i
i
doz.. 549,000 I 635,400
615,600 4,308,300 j 4,271,400 doz.. 1,143,900 11,167,300 1,027,800 5,366,700 ! 6,617,700 +
doz.. 546,300 I 850,500
708,300 4,165,200 ! 4,942,800 +
doz..
9,900
8,100
22,500
90,900 i 94,500 !+
of doz..
2,012
2,524
2,950

104
115 | 113 93
,018 1,201 1,006 ,133
154
131 I 137 119
17
29
20
18
502
400
455
464

107
,157
185
46
587

+
+
+
+
+

15.7
2.0
55. 7
177.8
16.9

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

bales..
bales..
dolls, per l b . .

34,680
47,087
8,183

3,087
3,178

3,230
3,717

226

195 + 11.7
92 - 4.2
225 i- 0.6

111
131

121

126

126

147

102
72
112
57

113
245
114
88 :

210

;

428
807
378
1,155
231
77

1,645
1,822

8,760 I
10,761 I
I

18,059 + 106.2
21,569' + 100.4

1913
1913

64
65

1,145 I

459
503 \
1
424

229
228
235
895

2,239 + 95.5
2,382 + 67.9
2,403 + 54.9

1914
1914
1914
1914

63
64
61
71

71
69

57
89
64

275
75

580
179

1914
1921

72
72
93
93

76
76
95
95

21 j
16

i

Six mouths' average, July to December, inclusive.




229

199
92
217

103
130

190
61
186

174
90 !

|

!
Iron a n d Steel.
Production:
i
Pig iron
thous. of long tons..!
Steel ingots
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.. j
Stocks, merchant
\
furnaces
thous. of long tons..
Stocks, steel plants
thous. of long tons..
1

31,042
49,174
8,232

1,419
1,551

+ 4.6
+ 17.0
I

25
25

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

121 j;+ 7.2
152 I'- 37.7
127 +• 12.2
95 14- 7.6

30 j 36 + 19.0
41 i 40 - 2 . 6

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 will be found at the end of this bulletin. DecemFor detailed tables covering other items see ! ber,
the last quarterly issue of the SURVEY ( N O .
1922
18).

INDEX NUMBERS.

Percentage
(increase

CUMULATIVE TOTAL
j CorrcFROM JULY 1
spondTHROUGH
ing
LATEST MONTH.
j
January, ! month,
Decem1923
; ber, 1921,
I or
! January, 1921-22 j 1922-23
| 1922.

(+)

or decrease
(-)
cumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PERIOD.

1921

1922

Percentage
in1923
or decrease

(-),
Jan.

Dec.

from
Dec.

Jan. | Oct. Nov. j Dec. Jan.

METALS—Continued.
Iron a n d Steel—Continued.
Steel castings:
:
Total bookings
short tons.. |
Railroad specialties
short tons.. !
Miscellaneous bookings
.short tons.. I
Exports (comparable)
thous. of long tons..
Exports (total)
thous. of long tons...
Unfilled orders, Steel Corp.,
end of month
thous. of long tons..!
Foundry production, Ohio, .per ct. of normal..
Wholesale prices:
Pig i r o n Foundry. No. 2,
Northern
dolls, per long ton.. i
Basic, Valley
I
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 t o n . . |
Composite steel
dolls, per 100 lbs.. j
Composite finished steel.dolls, per 100 l b s . .
Structural steel beams, .dolls, per 100 l b s . .

103,161

68,889
28,271
40,618
125
151

47,879 j

55,282
105 !
131 |

34,459
20,081
15,523
141
162

195,613
94,376
101,237
765

536,159
243,553
292,606
797

+174.1
+ 158.1
+189.0
+ 4.2

1920
1920
1920
1913
1922

52
76
36
62
95

ji
j|
:
|
!]
!j
I!

115 |
129 j
105 !
46 I
79

92 j 104 156
83 ! 107 181
98 | 103 140
47 ; 54
46
76 ; 90
77

+
+
+
-

49.7
69.4
36.1
16.0

6,746 i
61.02

0,911 !

4,242
20.80

1913
1921

72
100

72 |
112 j

117 | 116 ' 114 117 !+ 2.4
297 306 295

27.40

28.77

21.26

1913

137

133

210 I 185 ! 171 180 +

5.0

24.81 ;
36.50 :
40.53 ;

25.80
37.30
41.17
27.27
2.58
2.47
2.00

18.15
28.00
33.45
20.42
2.17
2.06
1.50

1913
1913
1913
1913
1913
1913
1913

127
113
129
132
130
127
99

123
109
127
132
126
124

210 j 189 , 169
155 146 ; 142
160 j 154
166
191 ; 173
206
149
149
149
146 | 147
148
136 I 132
141

175
145
156
177 +
150
149 +
132

4.0
2.2
1.6
2.0
0.4
1.2
0.0

229
217
12

74
11
63

26.73 j
2.57 !
2.44 j
2.00

Locomotives.
Shipments:
Total
Nomastic
Foreign
Unfilled orders:
Domestic
Foreign
Freight cars:
Orders, domestic

number..
number..f
number. J
number..
number.. j
j
number..!

Stokers.
Sales
Sales

210 j
194 |
16 j

1,141
1,053

+117.3
+348.1
- 69.7

147
60

94

1913
1920
1920

47
121
13

52
131
17

176
18

75 + 9.0
197 + 11.9
13 - 25.0

1920
1920

525
235
290

159
28

168
28

168
22

190 + 13.4
21 - 5.3

171

221

128 - 42.4

|
23,255

j

11,000

26,650

93,015 +249.0

1920

121

58

13,390

496
174,506

914 + 84.3
424,719 + 143.4

1919
1919

68
120

|

number..!
208 j
horsepower.. j 131,699 j

20,224

41
68 ! 250

Finished Iron and Steel.
Sheets, blue, black, and galvanized:
Production
per ct. ol capacity..
80.4
Shipments
per ct. of capacity..
84.7
Sales
per ct. of capacity.. j
156.6
Unfilled orders
per ct. of capacity..!
198.2
Unsold stocks
per ct. of capacity.. j
10.8
Steel barrels:
Shipments
barrels.. 201,319
38.7
Production
per ct. of capacity..
Unfilled orders
barrels.. 424,187
Structural steel, sales
long t o n s . . «144,500

92.0
87.7
89.2
180.6
11.4

42.0
39.0
35.6
62.5
19.5

206,021
31.7
518,463
188,000

89,216
15.6
204,204
100,300

1920
1920
1920
1920
1920
878,707

1,462,604

1921
1921
11921
1913

725,300

1,100,200 + 51.7

151,536
388,663

705,877 +365.8
418,327 + 7.6

531,544 +111.2

107,532
167,670

108,832 + 1.2
121,547 - 27.5

1913
1913
1913
1913
1913

126
119
107
41
491

80
90
87
105

169
206
122
150

173
213
165
127

138
44
71
76
124

1913
1913
1913

251,708

111
76
83

126
116
130
48
339

102
74
87

23

58
54
59
21
848

111
117
258
67
470

127
121
147
61
496

+ 14.4
+ 3.4
- 43.0
j - 9.0
+ 5.5

222
181
151

184
182
221
197

+ 2.3
- 18.0
]+ 22.2
+ 30.1

101
79
37

102
71
90

108 + 7.4
107 + 50.1
93 + 3.5

139
48
65
61
•129

148
45
63
59
127

160 + ai
41
43 ! - 31.9
48 j-18.6
125

J180

Copper.
Production
Exports
Wholesale price, electrolytic.

. thous. of l b s . .
.thous. of lbs..
.dolls, perlb..!

103,003 I 110,589
50,362! 75,617
.141 !
.146

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

85,682
36,504
17,328
16,646
.074

25,848 !
53,130 |
.136

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




92,634
33,148
11,806
13,556
.073

47,412
131,356
19,414
29,052
.051

» Six months' average, July to December, inclusive

76
164
72
122
90

82
162
70
102
87

•Revised.

28
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.
18).

December,
1922

January,
1928

Corresponding
month,
December, 1921,
or
January,
1922.

CUMULATIVE TOTAL
FBOM JULY 1
THROUGH
LATEST MONTH.

1921-22

INDEX NUMBERS.

Percentage
increase

1922-28

ordecumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PERIOD.

1921

1922

192S

Percentage
increase
or decrease

Dec. Jan.

Oct. Nov. Dec. Jan.

(-),
Jan.
from
Dec.

METALS—Continued.
Tin.
3,354

1913
1913

long tons.
.w.. .dolls, per l b .

3,704

Receipts, St. Louis
thous. of lbs..
Shipments, St. Louis
thous. of lbs..
Wholesale price, pig, desilverized.dolls, per lb..

13,805
6,382
.073

13,938
6,822
.078

19,500

46,450

37,600

3,063

50,123
8,713
1,478
3,100

1,903

252,949
49,582
2,621
11,366

•4,619

4,709

3,805

24,894

1,460

1,092
356
78

644

9,379
2,215
160

7.00

5.64
4.36
10.62
8.25

10.82
14.54

Stocks, end of month
Wholesale price, pig tin

.377

1,831
.320

92

155

146

201

73

77

82

84

182

-9.4
+4.2
+1.0
+6.9
+6.8

Lead.
8,514

87,672
36,249

109,458
71,450

+24.8
+97.1

256

356

340

242

252

255

49

97

165

110

73

78

1913

.047

1913
1913

107

107

152

165

166

178

1913

79

94

113

114

117

126

1913

81

82

112

112

111

114

F U E L AND POWEB.
Coal and C o k e .
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.
Exports:
Bituminous
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 ton.
Mine average.dolls, per short ton.
Anthracite, chestnut, .dolls, per long ton.
Coke, Connellsville.. .dolls, per short ton.
Retail prices:
Bituminous, Chicago.dolls, per short ton.
Anthracite, c h e s t n u t New York
dolls, per short ton.

8,430
1,233

382
123

5.89
4.13
10.64

6,258
496

267,303 + 5.7
39,512 - 2 0 . 3
6,322 +141.2
18,418 +62.0
30,069

+20.8

7,875 - 1 6 . 0
1,718 -22.4
367 +129.4

1913

18

18

31

41

44

53

1913

176

180

265

276

289

293

+19.9
+1.2

1919

118

117

134

136

142

145

+1.9
+25.7
- 6.8
-36.6

1909-13

70

157

147

134

99

1909-13

106

141

152

133

124

1909-13

32

52

168

3.75

1913

175

171

291

291

2.27

1913

184

185

356

334

10.64

1913

201

200

198

198

200

2.75

1913

113

113

402

295

10.98

8.91

1913

185

185

227

14.45

13.21

1913

191

190

1913

203

1913

177

1913
1913

224

+7.9
+3.4

107

268

-4.2

287

256
354
200
338

+17.9

225

225

228

+1.5

198

198

209

207

-U.6

208

231

230

242

249

187

253

252

252

252

219

206

244

248

262

266

929

883

499

496

520

517

1913

898

851

648

560

567

554

1913

241

241

134

134

134

145

1913

70

72

87

91

75

76

+2.7
0.0
+1.3
-0.6
-2.3
+8.0
+0.9

+5.6
-0.2

Petroleum.
Crude petroleum:
Production
50,137
.thous. of bbls..
Stocks, end of month
.thous. of bbls.. 264,578
Consumption
.thous. of bbls..
57,181
.thous. of bbls..
7,713
Imports
12,240
Shipments from Mexico... .thous. of bbls..
1,250
Price, Kansas-Oklahoma. .dolls, per bbl..
number..
1,197
Oil wells completed
Gasoline:
.thous. of gals., 585,050
Production
Exports
.thous. of gals..
47,223
Domestic consumption... ..thous. of gals., 430,277
Stocks, end of month
.thous. of gals.. 883,793
Kerosene oil:
Production
..thous. of gals., 226,239
Stocks
.thous. of gals.. 281,050
Gas and fuel oil:
Production
.thous. of gals.. 972,111
Stocks
•.
.thous. of gals.. 1,304,728
Lubricating oil:
Production
..thous. of gals.,
89,785
Stocks
.thous. of gals.. 235,735
«Revised.




51,467
264,675
57,929
7,667

43,141

276,171

335,425

+21.5

196,228
44,906
13,097

312,248
72,017
101,100

11,961

18,364

1,350

1,151

6,812

439,031

2,580,006

+20.1
-^23.7
-8.4

2,250

1,208

274,918
54,973
92,578

10,322 I +51.5
3,374,591

+30.8

313,001

2,517,896

3,047,727

+21.0

1919

133

135

172

172

177

1919

35,990

117

163

139

136

154

1919

109

99

1919

124

149

1919

87

1919

113

109

1910

136

135

1919

586,087

173

171

1919

117

105

1919

134

171 j 164 150
153 I 164 187
!
I

170,315

964,402

1,251,120

+29.7

341,009
865,769

4,879,087

5,606,483

+ 14.9

1,331,265
82,573
216,766

436,968

+21.1

110

120

116

86

94

145

140

153

178

176

169

124

127

127

152 i 135

140

146

85 I

29
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.
18).

CUMULATIVE TOTAL
CorreFROM JULY 1
sponding
THROUGH
month,
LATEST MONTH.
December, 1921,
or
January, 1921-22
1922-23
1922.

1922

INDEX NUMBERS.

Percentage
increase
|
j
i

(

t>

or decrease
(-)
cumulative
1922-23
from
1921-22

1921 i

YEAR
OR

1922

Percentage
| inI crease
1923
i or de-

| crease

PERIOD.

Dec. Jan.

Jan.'
from
Dec.

Oct. Nov. | Dec. Jan.

P A P E R AND P R I N T I N G .
Wood P u l p .
Mechanical:
Production
Consumption and shipment..
Stocks, end of month
Chemical:
Production
Consumption and shipment..
Stocks, end of month

i
!
short tons..
.short tons..
short tons..

107,301 j 130,297
121,120 I 130,593
66,393 l 66,097

109,175
106,957
125,298

637,712
728,483

797,586
924,225

+25.1
+26.9

1919
1919
1919

short tons..
.short tons..
short tons..

169,770 I 184,537
167,493 ! 180,804
46,908 i 50,641

157,746
153,774
50,815

974,869
983,544

1,214,314
1,226,959

+24.6
+24.7

1919
1919
1919

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, per 100 l b s . .
Contract, Canadian
dolls, per 100 lbs..
Spot market, domestic.-dolls, per 100 lbs..

119,404
127,452
119,847
123,656
2,059 ! 1,064

105,808
103,192
2,537

715,595
715,674 j
9,540 j

884,998 |! +23.7
885,363 j +23.7
9,853 I + 3.3

1919
1919
1913

238,707
19,208
8,174
166,143
45,182
182,374

253,927
23,004
7,720
172,319
50,884
175,552

224,959
26,550
5,993
163,496
28,920
156,333

1,228,957 | +16.9

1919
1919
1919
1919
1919
1919

100
76
109
67
115

111
69
105
71
110

Ill
83
79
116
115
135

3.604
3.522
3.873

3.745
3.707
3.794

3.756
3.484
3.685

1919
1919
1919

110
110
85

101
95

97
96

88,489 | 97,318
36,231 | 38,882

73,466
38,463

460,601

85
112
62

94 I
92 |
87 I

99
112
52

100
43

113
119
124

101
95

112
117
83

105
114
8.7
113
104
7.9
!'+
87 1 94 ! 8.0

108 + 21.4
108 ' + 7.8
43 j!- 0.4

l

Newsprint Paper.

O t h e r Paper.
Book:
Production
short
Stocks
short
Paperboard:
Production
short
Stocks
short
* Wrapping:
Production
short
Stocks
short
Fine:
Production
short
Stocks
short
Total, all grades (including newsprint):
Production
short
Stocks
short
Exports (totalprinting)
short
P a p e r Boxes.

tons..
tons..

1,051,336

tons..
tons..

185,397
54,693

209,473
57,434

145,198
62,731

1,059,604

tons..
tons..

74,822
64,625

82,703
48,123

65,791
54,506

421,416

tons..
tons..

30,932 | 34,946
36,742 | 38,822

tons..
tons..
tons..

607,241 i 664,553
258,000 I 253,966
3,572 |
2,056

621,876 |i +35.0

1,347,222

; 93 I 96
! 122 122

1919
1919

92
116

+23.3

1919
1919

112

27,405
158,207
86,331 j

223,742 |! +44.4

1919
1919

506,195 3,383,637
264,971
3,421
15,633

4,368,714 ! +29.1

1919
1919
1919

519,580

+27.1

20,846 I

115
114
100

HI

104

82
81
114
123
133

80

102
97
89

94

107
110
128
97
96
90

111 | + 6.4
| 19.8
89 - 5.6
111 !|+ 3.7
124 |j+ 12.6
124 i - 3,7
101 + 3.9
102 + 5.3
-2.0

122 i 122 | 116 128 + 10.0
122 I 116 I 114 123 + 7.3
121
97

122
103

114
106

129 + 13.8
106 + 5.8

129

134

129
118

143 + 10.5
- 25.5

118 ! Ill 108 122 + 13.0
99 ! 100 | 100 105 + 5.7
99
I 106
! 15

111
20

125 i 124 ' 118
100 \ 100 ! 108
13
17 | 23

129 + 9.4
106 - 1.6
13 + 33.3

|

Corrugated board:
!
Production (Container
j
80,567 I 609,645 1,017,521 :| +66.9
Club)
thous. of sq.ft.. 145,582 | 153,402
Production«
thous. of sq. ft.. 115,012
141,341
28,208 |
Machinery activity
per cent of normal.. |
76
48|
75
Solid fiber board:
j
Production (Container
425,675 + 19.0
45,847 ; 357,572
57,159 I 65,729
Club)
thous. of sq. ft..
10,494 I
Production«
thous. of sq. ft.. I 33,625 i 29,667
64 I
88
Machinery activity.... per cent of normal..
84 j
Folding boxes:
j
j
66.3
45.9
Production
per cent of capacity.. ]
53.5 j
58.0
47.8 !
New orders
per cent of capacity.. |
68.4 j
Labels:
\
i
98.7
80.7
New orders
percent of capacity..
83.8 •
Hope paper sacks:
Shipments
index number..
I
•
» Six months' average, July to December, inclusive.
« Figures furnished by the National Association of Corrugated Fibre Box Manufacturers.
• Twtlve months' average, July, 1921, to June, 1922.




1919
1919

114 j 112 ; 104 | 111 + 6.7
113 | 111 | 104 I 108 + 3.2
31 I 36
57 j 30 - 48.3

| 94
93
44

;

U919

1919

137 !

141 136

+

90 I 121 |

105 112

129 + 15.0
- 11.8

75

83

5.4
22.9

1921
1921

i
| 136 100 | 139 I 154 117 145 + 23.9
|
t
i 110 100 i 133 ! 116 ! 143 121 - 15.4

1921

183 I 201 j 136 I 190 223 + 17.4

«1922

I
:
i
71 I 123 ! 126 j 111

91 - 18.0

30
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Items marked with an asterisk (*) I
have not been published previously in the !
SURVEY or are repeated for special reasons; |
detailed tables covering backfiguresfor these I
items will be found at the end of this bulletin. ! DecemFor detailed tables covering other items, see i ber,
the last quarterly issue of the SURVEY (NO. | 1922
18).

January,
1923

Corresponding
month,
December, 1921,
or
January,
1922.

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

INDEX NUMBERS.

Percentage
increase
or decrease

! cumu,1 lative
[I 1922-23
1922-28 i from
; 1921-22.

BASE
YEAR
OR
PERIOD.

1921 :

1922

j 1923

Percentage
increase

(+)

or decrease
Jan.
from
Dec.

Dec. j Jan. Oct. Nov. Dec. Jan.

PAPER AND PRINTING—Continued.
Printing.
Activity, weighted
Paper purchases, quantities
Paper purchases, value
Sales

index
index
index
index

number.
number.
number.
number.

90
94 i 94
Sept.,1920; 93
1918 | 105
124 116
1918 I. 93
116 I 109 i 129 !
160 i
1918 II 149 ! 150 ii 160 I 145
I

17
3

RUBBER.
Crude:
Consumption by tire mfrs.. .thous. of lbs..
Wholesale price, Para, N. Y .dolls, per lb.. |
Tires:
Production—
;
Pneumatic
thousands.. i
Solid
thousands..'
Inner tubes
thousands.. j
Domestic shipments—
j
Pneumatic
thousands..
Solid
thousands.. j
Inner tubes
thousands..!
Stocks, end of m o n t h Pneumatic
thousands..
Solid
thousands.. j
Inner tubes
thousands.. j
AUTOMOBILES.

.223

2,657
77
3,411
2,934
65
3,826
4,599
244
5,732

34,186
.272

i

21,180
.193

150,271

212,531 | + 41.4

1921
1913

101 ! 118 | 172 | 160
|
26 I 24
24 ' 27

2,055

19,079 + 26.2
570 :+ 90.6
25,379 i|+ 26.2

1921
1921
1921

101 | 113 i 147 ; 150 146 j 172 ii+ 17.7
i
114 I 114 ; 242 243 218 j 236 + 7.8
92 ! 104 . 168 ! 171 151 j 175 ,';+ 15.9
;

19,124 + 33.8
455 ;i+ 39.6
25,480 i;+ 41.4

1921
1921
1921

104 j 84 ! 136 125 154 j 157 i:+ 2.0
90 j 76 I 162 | 140 147 j 138 - 6.2
110 ; 82 I 149 I 134 167 ! 164 !j- 2.0

1921
1921
1921

99 ! 111 j 118
i
79 j 93 i 102
l
104 j 115 j! 120 j 136

161 | 191 < + 18.7
;
28 ; 34 !j+ 20.0

3,127 I
83 jj
3,952 |

2,343

15,123
299
20,110

2,994
61
3,749

1,597
33
1,890

14,295
326
18,022 |

4,696
262
5,838

4,174
182
5,247

221,697
19,206

81,693
9,416

871,107
78,040

1,519,990 jj+ 74.5
147,695 jj+ 89.3

1919
1919

15,357 !
7,479 |
143

119,013
83,070
14,239

203,012 : -f- 70.6
216,388 i +160.5
39,903 j+180.2

1920
1920

59 ! 156 j 156
36 ! 81 | 82
!
;
!
59 I 73 ! 130 I 130
19 | 19 . 90 | 70
4 i
3 j 162 | 108

2,567

31,173

54,511 ;|+ 74.9

1920

57 !

37 | 166
j

80

73 | 111 !j+ 51.3

457 !

4,556

6,077 ;|+ 33.4

1920

38 ;

36 !

71 j

72

61

1,751 I

26,354

23,855 ; - 9.5

1920

67 ;

41 '
;

82 !

84

72 I 76

+

5.8

83

73

77

73 i 80 +

9.6

40

109 | 111 ij+ 2.1
106 114 j!+ 7.4
125 128 |j+ 1.

I

Production:
Passenger cars
number.. • 206,372
Trucks
number.. •20,035
Shipments:
By railroad
„
carloads..
26,900
Driveways
number of machines..
27,500
By boat
number of machines..
1,300
Internal revenue taxes collected on:
Passenger automobiles and motor
5,112
cycles
thous. of dolls..
Automobile tracks and
765
wagons
thous. of dolls..
Automobile accessories and
3,066
parts
thous. of dolls..

33,900
31,400
800

7,732 j|
799 j
3,243

51
32

1920

149 I 160 !}+ 7.4
76 j 73 ;!- 4.1
129

162 ;+ 26.0

70

80 i+ 14.2

28

17 i- 38.5

63 |+ 4.4

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..

1919

{
49.6
56.6
58.8

49.1
51.5
52.3

40.0
42.0
35.0

•1921

|

•1921

|

•1921 I
1913
1919

99 I 109 i 160 ! 169
i
141 | 116
128 !
220

135 j 134 ;- 0.7

150 j 160

156 j 142 -

98 ; 139 ! 153
|
169 , 342

378

327

68

73

64

43 : 41

9.0

165 I 146 - 11.5

334 + 2.1
76 + 18.8

BUILDING AND CONSTRUCTION.
Building Costs.
Building materials:
Frame bouse
Brick house
Building costs.
Concrete factory costs




index
index
index
index

number.
number.
number.
number.

•Revised.

1913

173

1913

179 ! 179 ! 199
|

1913
1914

196
201
169 | 169
189
193
152 I 152 i 192 192
i
174 ! 196
i

• Twelve months' average, May, 1921, to April, 1922.

:

192
198
192
192

195
199 i
197 ;!+
197 i|

1.6
0.5
2.6
2.6

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 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.
18).

December,
1922

January,
1923

Corresponding
month,
December, 1921,
or
January,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

1922-23

Percentage
increase

(+)

or decrease
(-)
cumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PERIOD.

1921

1922

1923

(

V

or decrease
Dec. I Jan.

Oct. j Nov. Dec.

( }

r'

Jan.

Jan.
from
Dec.

BUILDING AND CONSTRUCTION—
Continued.
Construction and Losses.
Building volume
index number..
Contracts awarded, floor space:
Business buildings
thous. of sq. ft..
Industrial buildings
thous. of sq. ft..
Residential buildings
thous. of sq. ft..
Educational buildings
thous. of sq. f t . .
Hospitals and institutions-thous. of sq. ft..
Public buildings
thous. of sq. ft..
Social and recreational
bldgs
thous. of sq.ft..
Religious and memorial
bldgs
thous. of sq. ft..
Grand total
thous. of sq. f t . .
Contracts awarded, value:
Business buildings
thous. of dolls..
Industrial buildings
thous. of dolls..
Residential buildings
thous. of dolls..
Educational buildings
thous. of dolls..
Hospitals and institutions-thous. of dolls..
Public buildings
thous. of dolls..
Public works and utilities .thous .of dolls..
Social and recreational
bldgs
thous. of dolls..
Religious and memorial
bldgs
thous. of dolls..
Grand total
thous. of dolls..
Fire losses
thous. of dolls..

1913

9 Revised,




1919
1919
1919
1919
1919
1919

50
22
109
151
207
193

52
24
90
121
198
100

8,932 i - 7 . 6

1919

79

72

42,727
50,527 + 18.3
44,970 + 107.2
21,699 J
138,247 ! 175,272 + 26.8
25,006 | 25, 779 + 3.1
7,146 |
6,830 - 4 . 4
1,724 I
1,729 + 0.3

5, 710
4,202
24,950
2,330
427
194

5,870
4,410
24, 586
2,153
480 j
<
200 !

4,811
3,033
18,083
2,001
111
172

326

814 ;

914

9,664

455
30,261

_,._„
252,452

6,729 ; + 16.2
321,301 j + 27.3

1919
1919

115 ! 102 | 262 I 223 84
76 ! 65 | 100 | 101 83

23,696
19,695
75,728
12,067
5,369
942
18,735

217,154
106,081
592,683
150,774
46,359
11,395
235,219

246,867
223,766
776,376
152,611
50,528
24,131
299,163

| 13.7
+
+110.9
+
! 31.0
+ 1.2
+ 9.0
+ 111.8
+
; 27.2

1919
1919
1919
1919
1919
1919
1919

65
34
143
151 |

53,527;- 4.7

1919

:
2,G24 |
2,696 l 3,367 j 39,055 ! 44,756 i + 14.6
215,213 ! 217,333 i 166,320 | 1,459,027 j 1,873,630 j 28.4
+
47,426 ! 36,615 j 38,663 | 206,392 j 254,645 '+ 23. 4.
i

1919
1919
1919

375
38,603

395
38,947

25,868 | 30,975 !
19,298 | 21,944 j;
120,139 | 111,730 j |
14,251 I

13,906 ij

3,417 |
1,915 ;
24,875 i

2,855 |

25,929 S
i

2,429 |

5,G22 ;|

1,557 •'

0,356;

56,181 |

Lumber.
Southern pine:
|
Production
M ft. b. m . . I 400,815 j 462,571 | 396,120 j 2,769,458
Stocks, end of month
M ft. b. m |l,218,843 '1,146,677 Pi, 172,652 j...
49.69:
50.78 ! 41.96 |
.
Price/'B" and better dolls, per M ft. b, m !
Douglas fir:
364,436 | 424,242 j 350,081 2,378,099
Production (computed)
M ft. b. m
398,815 i 503,701 | 330,831 2,258,840
Shipments (computed)
M ft. b. m
19.500 S 19.500 ! 11.500
Price, No. 1 common.dolls, per M ft. b. m
California redwood:
37,386 I 293,591
31,527
37,044
Production
M ft. b. m
34,057 j 235,117
53,589
42,799
Shipments
M ft. b. m
39,922 j 253,699
51,492
67,422
Orders received
M ft. b. m
California white pine:
Production
Shipments
Stocks
Michigan softwood:
Production
Shipments
Stocks, end of month
Michigan hardwood:
Production
Shipments
Stocks, end of month
Western pine:
Production
Shipments
Stocks, end of month
North Carolina pine:
Production
Shipments

118 j 91 i 127 ! 122 111
I

M ft. b. m.
M ft. b. m
M ft. b. m
M ft. b. m
M ft. b. m.
tM ft. b. m.

6,112 i
10,149 I
45,633 :

4,575 !
5,720 i
59,475

14,439 | 18,129
18,383 | 17,200
109,035 ; 107,124

14,896 |
10,881 |
148,631 |
I

» 70,050 I 64,047
3 109,622 | 134,424
»894,211 i 801,328

35,385
82,874
966,705

M ft. b . m
M ft. b. m

45,731 j 40,950
46,214 j 34,120

42,490
32,270

26

70 ! 95 !
77
45
46
65
107
157 I 173 170
121 I 175 j 131 I 143
305 I 105
197
164 ; 262
192
84 I 102 ! 156 ! 171
99 ! 66
59
67 i 45
88 I 91

64 i+ 2.8
35 !+ 5.0
122 |-

1.5

140 |- 7.6
130 + 12.4

|+ 3 1
.

116

64 | +149.7

+

83 j +

5.3
0.9

92 | + 19.7
51 ; + 13.7
158 | - 7 . 0
140 I - 2 . 4
87 i - 16.4
139 i - 18.7
62 j + 4.2

35

94 j

| 108 i 108 231 ! 191
| 92 I 77
!
118 i 114
129 I 172 179 ! 137

81 I +131.5

84
100
212

+ 2.7
+ 1.0
163 - 22.8

109 I +15.4
84 I' - 5 . 8
220 1 +2.2
1

101

j

j 3,175,083
I 2,919,663

1917
1917
1913

100
102
125 j 125

104 | 105 95
89
93 i 93
216 | 214 216
j
138 | 136 104
114 j 110 123
212 212 212

346,449 + 18.0
320,194 ' +36.2
365,874 +44.2

1918
1918
1918

105 [ 100
117 j 119
105 j 139

140 ! 176 84
125 ! 182 188
168 | 204 179

586,515
346,971

+88.1
+58.2

1918
1918
1918

50 j 39 233 j 161 87
185 ! 184 174
109 ! 76
150 | 143 187 ! 184 180

56,812
59,666

+44.8
-3.1

1917
1917
1917

31
41
61

49 j
48 j

1917
1917
1917

31 j 54
36 ; 35
67 66

61,548
80,297

M ft. b. m.
M ft. b. m.
.M ft. b. m.

85 i 69

92 ; 94
82 I 85
182

39,243
61,573

M ft. b. m.
M ft. b. m.
M ft. b. m.

62
33
124
143
116
113

1917
1917
1917

+33.5
+29.3

401,677 j.
7,243
6,537
46,418

70
50
143
131
276
155

j 3,119,625 | 12.6
+
j...

26,278 i 316,848
34,827 j 219,260

45,501 j
55,471
478,054

74
57
128
175
295
87

126 ||+ 13.5

95,108
105,324

515,115 | 936,535
626,168 | 920,235

262,269 I
250,376 I

364,371
389,084

+54.5
+31.2

+81.8
+47.0

+38.9
+55.4

25
49
51 ! 47

35
57
43

45
46
51

44
43
49

52
59
49

1917
1917
1920

34
75
119

32
75
110

158
102
104

134
96
113

64
99
101

1919

126
126

124
100

168
304

161
185

134
144

1919

122
156
212
99
150
235

42
37
44
65
55
48
59
122
91
120
134

+16.4
+26.3
0.0

+17.5
-20.1
+30.9

+18.5
-35.6
+1.7
+25.6
-6.4
-1.8
-8.6
+22.6
-10.4
-10.5
-6.7

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.
18).

( )

t

CUMULATIVE TOTAL
CorrePROM JULY 1
spondTHROUGH
ing
LATEST MONTH.
January, month,
Decem1923 ! ber, 1921,!
!
or
January, 1921-22
1922-23
1922.

December,
1922

INDEX NUMBERS.

Percentage
increase
or decrease

(-)
cumulative

BASE
•!
YEAR
'!
OR
i
PERIOD, i

1921

1922

1923

Percentage
increase
or decrease

"I"

1922-23
from
1921-22.

Oct. ! Nov. i Dec. I Jan. from
Dec.

' Dec. Jan.

BUILDING AND CONSTRUCTION
Continued.
Lumber—Continued.
Northern pine:
Lumber—
Production
M ft. b. m..
Shipments
M ft. b. m . .
LathProduction
Mft.b.m..
Shipments
Mft.b.m..
Northern hemlock:
Production
Mft.b.m..
Shipments
M ft. b. m . .
Northern hardwood:
Production
M ft. b. m . .
Shipments
Mft.b.m..
Exports, planks, scantling, joists. .M ft. b. m . .
Composite prices, lumber:
Hand woods
dolls, per M ft. b. m . .
Soft woods
dolls, per M ft. b. m . .

19.219
41,717
4,329
6,121

34,736
49,728

;
;

19,997:
20,425 |

9,025
8,579
26,614
21,535

30,272 • 42,003
36,722; 37,771
115,097 ; 130,772

22,530 |
28,444 j

6,052 I
5,908 j

236,263
239,047
65,498 I
69,921

+80.7
+ 19.2

306,945
376,464

+29.9
+ 57,5

1920
1920

48 | 56
51 I 57

113
107

105

87,847
92,426

+34.1
+32.2

1920
1920

55 j 63
72 ! 93
j

135
160

78
159

26 I 55
38
47

63
77

48
77

53 i 71
56 | 59

+33.1
+5.4

52 I 111 74
108 | 102 143
85 j 83
62

81
164
65

107 ; 148
145 ; 149
73
65

+38.8
+2.9
+ 13.6

109 115
71

+5.9
+2.2

20,633
13,867

114,630 i
153,146 '

168,265 j; +46.8
190,893 1 +24.6
1

1913
1913

31,399 ;
25,841 ;
148,675 I

115,796 ,
179,067
846,930

180,338 \' +55.7
275,819 |; +54.0
817,298 !' + 3.5

1913
1913
1913

45. 54
34.36 !

48. 23
35.12

38.52
27.87

23,473
24,510,
23,948 :
21,230
40,925 I

27,473
24,162
30,137
25,447
50,398

19,262
14,970
13,606
27,467
21,330

113,483
119,032
120,925

179,785 | +58.4
181,258
+53.3
170,629 +40.1

1913
1913
1913
1913
1913

202
301
214
242
288

13,648
13,929
12,762 ' - 13,269
14,444: 24,481
25,156 ' 25,023
22,324
36,084

11,024
8,533
7,051
33,329
12,226

68,5SC
66,536
70,556

89,773 ;• +30.9
90,947 i +36.7
97,118 I +37.6

1919
1919
1919
1919
1919

53,637
64,804
54,502 : 57,569
155,011 ' 163,977
.50,884
64,883
67,400
75,421

30,121
31,301
138,574
31,222
23,751

199,190
197,245

378,916

185,787

388,826 1+109.3
I

30,777
36,440

91,446 |+197.1
85,330 -+134,2

1921
1920

93 ; 92
55 ! 56

48 .
83 i

99

45 | §4 +108.5
9*j 135 +40.2

102

108 ;

305
480
393
211
445

402
440
480
213
4SG

352 412 +17.0
408 ' 4 0 2 -1.4
392 ! 494 +25.8
236 ; 282 +19.9
564 695 +23.1

117 j 110
76 ! 72
50
49 j
200 I 216
36 I 32

13-1
103

127
110
80
155
54

136
108 i
102
163;
58 ;

139
+2.1
112
+4.0
173 +69.5
162 -0.5
94. +61.6

1919
1919
1919
1919
1919

67
60
105
54
25

110 , 111
117
107
110
112
99
105
76
76

106
108
112
99
72

128
114
118
126
80

1919
1919
1919

34
52
93

81
101

97
78
108

102 + 4,S
102 l + 3 0 - l
111 ! + 2.4

1919
1919
1919
7
1920

85
181
40
71

56
173
37
46

94
105
60
102

100
133
64
95

96 - 4.3
145 + 9. I
87 ! + 36.3
89 - 5.9

1913
1913

221
181

232
232
170 : 182
;

225 266
176 i 177

305 ; + 14.4
178 j + 0.2

148
138
47
173

100
73
102
158

Flooring.
Oak flooring:
Production
Mft.b.m..
Shipments
Mft.b.m..
Ordersbooked
Mft.b.m..
Stocks, end of month
Mft.b.m..
Unfilled orders, end of month. .M ft. b. m . .
Maple flooring:
Production
Mft.b.m..
Shipments
Mft.b.m..
Ordersbooked
Mft.b.m..
Stocks, end of month
M ft. b. m . .
Unfilled orders, end of month.. M ft. b. m . .
Brick.
Clay firebrick:
Production
thousands..
Shipments
thousands..
Stocks, end of month
.
.thousands..
New orders.
. ,
..thousands..
Unfilled orders .
. thousands..
Silica brick
Production
.
.thousands..
Shipments
:
thousands..'
Stocks, end of month
thousands
Face brick:
Product iou
t housands..
Stocks, in sheds and kiln?
thousands..,
Unfilled orders
thousands..
Shipments
thousands..
Prices:
Common red, New York dolls, per thous..
Common salmon, Chicago.dolls, per thous..

j+90.2

373,412 ! + 89.3

' 289
249
j 223 1
! 305
! 293

59
62
100
61
24

+
+
+
+
+

20.8
*.«
5.8
27.5
11.9

"i
6,581
8,246
36,344 ;

47 112
59 | 94
87 \ 95

13,653
10,977
45,081

14,308
14,281
46,174

45,181
118,626
54,812
30,053

43,240
129,428
74,718
28,853

25,331
154,285
31.799
14,902

17.48
8. 75

20.00
8.77

15.23
8.40

thous. of bbls..
thous. of bbls..
thous. of bbls..
dolls, p e r b b l . .

8,671
4,858
>9,142
1.73

7,704
5,419
11,426
1.60

4, 291
2,931 ;
13,316
1.50 |

60,116
57,907

74,656 + 24.2
73,953 ' + 27.7

1913
1913
1913
1913

85
50
106
148

56
40
119
148

thous. of sq. y d s . .
thous. of sq. yds..

3,744
3,095

2,956
2,140

2,655
2,357

26,747

36,539 + 36.6
25,040 I-+-22.3

1919
1919

70
70

60
69

294,107

339,124

+15.3

214,294

274,378 + 28.0

127
114
76
127

Cement.
Production
Shipments
Stocks, end of month
Price, Portland
Concrete paving contracts:
Total
Roads

• Revised.
1
Ten months' average, March to December, inclusive.




20,400

;
'
:
I

160
174
37
173 !
105
81

79
81

113
66 !
81 ;
171
84
90

i — 11.2
j + 11.5
!+ 25.0
! - 7.5

66 i - 21.0
62 - 30. U

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 r see
the last quarterly issue of the SURVTY (NO.
IS).

December,
10*22

January,
1923

Corresponding
month,
December, 1921,
or
January,
1922/

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

INDEX NUMBERS.

Percentagej
increase;

(+) !
or de- I
i crease

' (-)
, eumu! lative
1922-23
;
from
1922-2S
; 1921-22.

RASE
YEAR
OR
PERIOD.

19*2*2

1921

19-23

Percentage
increase

(+

J

or decrease
!
j Dec. J a n .

Jan.
from
Dec.

Oct. Nov. Dec. '. Jan.

BUILDING AND CONSTRUCTION—
Continued.
S a n i t a r y Ware.
Baths, enamel:
Orders shipped
Stocks
Orders received
Lavatories, enamel:
Orders shipped
Stocks
Orders received
Sinks, enamel:
Orders shipped
Stocks
Orders received
Miscellaneous enamel:
Orders shipped
Stocks
Orders received
Sanitary pottery:
Orders received.. .number pieces

number..
number-.
number..

79,204
34,517
95,633

8o,703
40, ,530
133,198

48,425
53,422
58,420

361,925

543,585 + 50.2

369,937

656,751

91,116
60,535

63,047
102,190

425,168

626,814 4- 47.4

170,693:

+77.5

1919
1919
1919

112

140

228

126

127

64

79

82

96+17.4

60

84

110

128

137

191 + 39.3

1919
1919
1919

99

138 |! 191

197
43
148

200
43
169

199

177
49
158

189
52
151

214

229

248 +

8.2

i
number..
number..
number..

124,052|

80,124

456,381

806,973+76.8

number..
number..
number..

103,418 j 116,539 \ 73,877
64,908 ! 59,580 I 129,586
132,847 | 195,984
84,791

507,035

687,164 + 35.5

number..
number..
number..
per kiln..

91,592:
59,595 !

515,344

910,799 •.+ 76.7

219,510

316,960+27.0

1919
1919
1919

68

73 |

109 i! 127

105 j 135
106 j

103

71 ;
97 |

40

178
44
117

-

0.5

43 !+

1.6

232 ;+ 37.6
12.7

47 \-

8.2

223 | | + 47.5

149

167

188 ;+ 12.5

63

63

70

72 :i+ 2.4

130 I 124

150

156 i 223 !+ 43.3

1919

85 \ 124 i 166 I 165

160 j 298 ]+ 86.0

1919
1919

66

84,;

120 |

112

98

136 | + 38.3

53

60 I;

104

175

139

98 1 - 2 9 . 8

1921
1921
1921
1921

85

86 i;

84

84

86 I:

S3

84 ;

82 j'|

97 i 103

96 i

93 !!

80 !

1913
1913

90

90

47,336 |

53,255 ,

38,831

56,284 j

57, 616 I

83, 242

65,199

93,427 \

54,545

265,750

449,213 + 69.0

1919
1919
J919

535

2,017

5,562 +175.8

92,815,

57,129

365,151

547,634

+50.0

8,956

5 ; 52l

32,855

75,443

+129.6

688 j 1,280

80 ;

115 ;
71 !

137
104 j:

Abrasive Paper a n d Cloth.
I >omestic sales
Foreign sales

reams..
reams..

67,120 j
12,766

]

H I D E S AND L E A T H E R .
Hides.
Stocks, end of month:
Total hides and skins
thous. of lbs..
Cattle hides
thous. of lbs..
Calf and kip skins
thous. of lbs..
Sheep and lamb skins.. .thous. of lbs..
Trices:
Green salted, packer's heavy
native steers
dolls, per l b . .
Calfskins, country No. 1
dolly, per lb..

55,975 •
'

42,164

22,87S •

22,971

369,039
290, 331
48,005
30, 703

.200
.163

.165
.138

3S4,423 | 375,099
305,570 '. 309,964

.204
. 160

!

- 2 . 4

90 |

91

96

72

+ 1.4
- 24.7

70 i + 0.4

71

- 2 . 0

124 j

111

109

104 I 100 !

74

123 j

87
87 |

85

86

89 |+ 12.7
157 !j+ 10.4

+

1.9

Leather.
Production:
1,661
1,474 ,
Sole — thous. of backs, bends, and sides..
Skivers
doz.. « 32,993 8 36,416
Oak and union harness
stuffed sides.. ' 130,706 8 144,213
25,650 :
28,256
Finished sole and belting
thous. of lbs..
84,021
77,948
Finished upper
thous. of sq. ft..
Stocks, end of month:
168,012
Solo and belting
thous. of lbs.. l»w, 907
392,951
Upper
thous. of sq. ft.. 395,450
Stocks, in process of tanning:
106,960
Sole and belting
thous. of lbs.. 106,481
160,941
Upper
thous. of sq. f t . . 157,696
Exports:
932
1,156 j
Sole
thous. of lbs..
7,021
6,391 \
Upper
thous. ofsq. ft..
Trices:
.350 i
.350
Sole, hemlock, middle No. 1.dolls, per l b . .
.450 l
.450
Chrome calf, " B " grades.dolls, per sq. ft..

11,458

10,485

85
.

1919
1919
1919

27,480
74, 563

93 ;

79

79

145 j

142

63 j! 112 i 113 !
100

110

90 j;

83 :

134 I 120 j! 211 |
66 |

190,850

177,350 I -

7.1

1921

I l l | 107 ii 102 !

485,167

537,062 ! + 10.8

1921

127

129 •!

141 ! 141

103 i

I
88 ;

100

121 + 10.3
110 + 10.2

134

145 !+ 7.8
I

1921
1921

199,324
422,318

101
9S

100

98 ;

S7
95

99 !

95

90 |

90

96

96 >

99

96

105,712

1921

179,574

1921

107 ' 109

87
93

986

9,021

7,715 | - 14.5

1913

50 I

38 !;

33 |

24

44

4, 403

31,076

47,271 ! + 52.1

1913

66

50 :i

74 !

86

72

.340

1913

121

124 i 124

124

.465

1913

186 1 173 ! 173 j 107

167

121

S7 —
93 -

06
.
0.6

96
98

+
+

0.4
2.1

36
79

+

19.4
99
.

124
107

0.0
0.0

Leather P r o d u c t s .
Belting sales:
70 <
64
73 ..+ 14.6
06
30
43
1919
3, 491
2.105
518
452
303
Quantity
thous. of lbs..
58
68 '!+ 18.2
03 :
61
32
37
1919
3,526
5,945 1-4- 68. 0
510
928
785 ,
Amount
thous. of dolls..
3
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
ariation rather than the absolute variation in the figures, andhence show the trend of the movement irrespective of the change in the number of firms reporting.




34
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.- Items marked with an asterisk (*)
have not been published previously in the
LSURVEY 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 SURVEY (NO.
18).

HIDES AND LEATHER

Decem- . T
ber, |Jl
1922 ! 1928

;

CUMULATIVE TOTAL
FROM JULY I
THROUGH
LATEST MONTH.

Corresponding
month,
inOIll.Il,

! Deceml

._. .

INDEX NUMBERS.

i Perjcentagr
| increase

_.._..

i ber, 1921,1
I
or i
January, 1921-22
1922. I

_

I or del crease
l
curau-

1922-28

BASE
YEAR
OR
PERIOD.

lative
1922-23
from
1921-22.

1921

Per

SI

-

ij centg
inI 192S ! crease

1922

I crease

l! (-),
Dec. Jan. Oct. Nov.j D e c I Jan.jl J a n .

jl from
! Doc.

Continued.

Leather Products—Continued.
Boots and shoes:
Production
thous. of pairs.. j
Exports
thous. of pairs..!
Wholesale prices:
j
Men's black calf,
blucher
dolls. per pair..
Men's dress welt, tan
calf, St. Louis
dolls, per pair.. |
Women's black kid, Goodyear
j
welt, St. Louis
dolls, per pair..!

27,853 | 29,994
533 !
478

4.25

88 | 91 j 110 109 j 101 | 109 |i+ 7.7
; 67 j 38
63 60 ! 63 I 57 | L 10.3

6.55

1913

; 217 217
!

4.85

6.35

1919
1919

1913

I 153 | 153

4.25

25, 120 i
322 !

3,633

!

204 204 I 204 210 ||+ 3.1
153 ! 153 i 153 153 fi 0.0

1913

4.75

158 ! 158 j 141

142 | 142 142

1920
1920
1920
1920

70
09 I 101
72 ! 74 j i 105
64 ! 65
98
102 | 103 113

127 ! 138 136
132 ! 148 147
137
126 I 135
109 ' 104

0.0

CHEMICALS.
Production:
Acetate of lime
thous. of lbs..
Wood alcohol
galls..;
Consumption, wood, carbonized
cords.. j
Stocks, wood
cords.. I
Exports:
Sulphuric acid
thous. of lbs..
Dyes and dyestuffs
thous. of dolls..
Total fertilizer
long tons..
Price index numbers:
Crude drugs
index number.. .
Essentialoils
index number..j.
Drugs and Pharmaceuticals.index number.. .
Chemicals
weighted index number.. .
Price,sulphuric acid 66°N.Y.dolls.per 100lbs..

16,814
942,008 |
102,650 j
881,603 !
532 !
513 |
66 I

•70

16,544
8,330 :
37,189
88,523 1 + 138.0
933,171
468,818 ; 2,061,261 4,897,622 ! + 137.6
104,180 i 49,559
221,655
551,885 1+149.0
833,767
875,010
956 ,
400 '
69

.70

4,449 - 22.4
3,107 - 12.3
505 i - 2.9

728 : 5,731
657 ;
3,542
67
520

I
1909-13 j 107 ; 119 79
84 ! 87 i 156 79.7
i+
1909-13 |1,362 2,271 1,564 1,670 |1,772 1,383\- 22.0
62
89 ; 64
70 1+ 4.5
1909-13
65
67
Aug.1914 j 132 ! 134 195
Aug.1914
137 | 136 122
Aug.1914 : 118 ! 117 12S
1913
145 | 144 154
73
1913 . 85 | 80
!

.80

- 1.6
i|- 0.5
+ 15
.
- 5.4

196

204

208

121 t 123

124

131 ;

137 135

160 |

164 173

70 \ 70

70

+
+
+

2.0
0.8
1.5
5.5
0.0

NAVAL STORES.
Turpentine:
Net roceipts
Stocks
Rosin:
Net receipts
Stocks

barrels..
barrels..
barrels..
barrels..

F A T S A N D
Total vegetable oils:
Exports
Oleomargarine:
Production
Consumption

24,835 |
44,774 I
111,108
319,917

10,326
38,758
67,967
338,957

7,054 , 177,415 i 184,646 + 4.1
53,423
!

1919-20
1919-20

203 | 109 | 142

189

175 I 171 I 173

183

174

174

103

129 :

163

68 |;- 58.4

144 125 j - 13.4

612,884 i 669,158 ;+ 9.2
!

12,114 |

68,424

49,590 - 27.5

1913

18,140
102,982
16,887 | 122,006

97,587 - 5.2
119,425 - 2 . 1

1913
1913

152

164 | 142

136 i 167 |

1919

121

81

150

167

153

103 j ' - 32.7

1919
1919
1913

104

102

101

120

111

119

94

162

166 ! 127

115

118

127

130 ! 134

96 - 13.9
132
3.4
149
11.3

199 i 122 j - 38.8
— 3.1

182 ! 176

O I L S .
|
thous. of lbs.. j

12,180 ;

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

21,060
19,965

9,218f

20,633

43 ! 42

32 - 24.3

18 I 47

134 I 168 j 168 • 174
168

33
.

I
tons..
thous. of lbs..
thous. of lbs..
dolls, per lb..

Flaxseed.
Receipts:
|
Minneapolis
thous. of bushs. .i
Duluth
thous. of bushs. J,
Shipments:
j
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-oilcake:
Shipments from Minneapolis, thous. of lbs..




151
46
215 172

61,209
327,932

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

1919 20
1919 20

4,386 ; 527,839 j: 414,122
106,988
140,569
.097

92,129 j
97,567
145,292 | 103,646
.086
.108 i

747,885

2.6

630 i

469 |

544 I

136 I

302
116!

3,419
3,095

3,933 j + 15.0
3,364 + 8.7

1913
1913

118 j

123
365

161
151

1,147
4,048

919 - 19.9
3,146 I - 22.3

1913
1913

788 !

26

1913
1913

340

12
70

170
151

9,955

10,051

6,457

55,783

15,745

105,475

20,172

17,371 I

91

103
14

170

8

64

67

109

90

53

124
117 I 76
61 I 86 i 72
33
22

24
25

+ 17.0

1913

77

72

94,251 - 10.6

1913

64 I

52

65,290

50 ! - 25. 6
13 j l - 75.0
4.2
-53.7

11
12
:

-53.9

65

66 + 1 0
.

67

58 - IS. 9

- 79.4

35
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. DecemFor detailed tables covering other items, see
ber,
the last quarterly issue of the SURVEY (NO.
1922
18).
I

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

Corrcspond'
ing
January ! i month,
Decem1923 ! her, 1921,
il
1

or decrease

I

(-)

I cumuli lative
• ! 1922-23
1922-23 : j from
! 1921-22.

or

January,
1922.

INDEX NUMBERS.

Peril eentage
increase

1921-22

Percentage
increase

BASK
YEAR
OR
PERIOD.

(4)
or decrease

(-),
Jan.
N o v . Dec. I Jan. from

Dec. | Jan. Oct.

Dec.

I

FOODSTUFFS.
Wheat.
Exports, including
flour
thous. of bushs.
Visible supply
thous. of bushs.
Receipts, principal markets, .thous. of bushs.
Shipments, principal markets.thous. of bushs.
Wheat flour:
Production
thous. of bbls.
Consumption
thous. of bbls.
Stocks
thous. of bbls.
Prices:
No. 1, northern, Chicago.dolls, per bushs.
No. 2, red winter, Chicago.dolls, per bush.
Flour, standard patents,
Minneapolis
dolls, per bbl.
Flour, winter straights,
Kansas City
dolls, per bbl.

16,428
136,893
45,331
24,280

12,519

14,982

140,760

120,804

161,504 : j — 23.5

1913

126

126

211

148

138 i

1913

211,141

264

235

255

248

266 j

105 - 23.8
274+ 2.8

76

144 |

119 - 17.0

37,615 |

17,458

300,620

331,652 ! + 10.3

1919

18,936 !

11,335

191,687

201,131

+ 4.9

1919

11,049 :
10,991
7,700

10,137 i

8,856

70,274

83,323 !+ 4.5

1914

9,326 j

9,365

59,309

72,605

!

1919

7,400 ;

7,776

1.274 :
1.325

1.199

1.285

1913

1.258 '

1.196

1913

+ 6.3

153 ; 135
141

91

98

140

115

1919

55
57

110

8 2 •'

5.860

6.630 I
5.569 I

114 I 104 -

8.3

96

82 !

78 I -

3.9

129 : 134 i 140 { 131 j - 5.9

153

[

129

134 | 128 1

5.1

!

140

152 '

146

149

1913

5.875

94

119

1913

7.000

138

121

150

6.775

141

119

137 ! 122 i 95 - 22.0

141 i 144 | 135 | 114 | — 15.1
77

137

!

148 | 145 j —
j

2.1

148 i 152 | 145 \~ 5.0

153

Corn.
s.
Exports, including meal
thous of bushs..
s.
Visible supply
thous. of b u s h s . .
s.
Receipts, principal markets.. .thous of bushs..;
s.
Shipments, principal markets.thous, of b u s h s . .
s.
G rindings (starch and glucose). thous. of bushs..;
Prices, contract grades,
No. 2, Chicago
dolls, per bush..

4,944 j
18,236 i
37,466 i
13,991
4,557 ;

7,388 !
22,133 j

92,017 1

19,437

30,383 i

66,855 j — 27.3

1913
1913

i

37,558 I

52,097 I

225,383 j

217,077 j | - 3.7

1919

22,521 ;

29,393 I

148,379

140,843 ! L

5.1

1919

5,179 !

39,982

40,275 |+

0.7

1913

5,530 ;

460

248

244

362

124 \ 153

183

;

263 I 161
161

153

111

116

117 ! 114 !,- 3.1

SO

323

117
217
250
158
109

77

|

332
123

I

113
189
111

101

US

122 ; 117 j!- 3.0

265 ; 347

17
9

I ;

217

!

160

175
263
250
255
132

! 49 4
+
+ 21 3
+ 0.2

+

61 0
21 4

i 143

. 734

.711

1913

.484

Other Grains.
Oats:
Receipts, principal
:
markets
thous . of bushs.
Visible supply
thous of bushs.
Kxports, including meal, .thous of bushs.
Prices, contract grades,
Chicago
dolls. per bush.
Barley:
Receipts, principal
markets
thous.. of bushs..
Exports
thous..of b u s h s . . ,
Price, fair to good, malting,
Chicago
dolls. per b u s h . .
Rye:
Receipts, principal
markets
thous. of bushs.
Exports, including flour, .thous. of bushs.
Price, No. 2, Chicago
dolls. per bush.

20,955
32,391
915
.459

22,635

16,483 I

30,861 ;

155,341 / +

7.4

497

•511

.441

!

144,596

19

17

115
204
123

20,276

+282.7

.375

5,230

97

100

115

25
29

51

45

201

107

93

106 , 108

1913

I

1913

67,423 ;
'

! 389 387

1913

|

1913

65

4,215

3,776 !

2,265 i

24,630

28,187 ;+ 14.4

1913

19

762

661 ;

421 !

17,911

14,202 L 20.7

1913

57

1913

88 i

.649 I

.582

7,121

7,176 I

1,267

3,785

3,455 I

1,154 j

22,859

57,492

13,582

33,540 ' 1 + 146.9

+151.5

;

181

186

;

30 !

109
177

I
i—

80
.
47
.
45.7

16

47 | 42

- 10.4

52

- 13.3

45

110 104

-

5.8

608
605 550 j 555 .(+ 0.8
98
745 1,442 3,538 2,442 2,229 '|+ 11.1
122
136 140 137 - 1.9
127

1,271

135

1913

! 139

176 J 213

172

129

118 : j — 8.6

1919

.873

1913
1913
1913

j

! 108

129

134

136

130

121 -

Total G r a i n s .
Total grain exports, incl. flour.thous. of bushs..
Car loadings of grain and grain products- .cars.. i
Other Crops.
Rice:
Receipts at mills
thous. of bags.
Shipments, total from mills..thous. of lbs.
Shipments, through
New Orleans
thous. of lbs.
Stocks, end of m o n t h Domestic, at mills and
dealers
thous. of lbs.
Exports...,,,,




thous. of lbs.

26,834

24,520

36,505 ! 339,881 i

50,721

47,222

50,460 L

1,272
94,032
41,732 |

952
101,552 '
34,741 ,;

296,377

-

12.8

6,019

7,297

145

159

314

292

209

156 \ - 25.2

86,255 ' 574,019

624,565

+

8.8

1919

124

141

233

210

154

1 6 6 * + 8.0

18,593

187,054 I

220,502

+ 17.9

1919

'' 109

73

156 ! 171

164

136 ||- 16.8

1919

: 155

185

314,115

207,930 ! ! - 33.8

1919

j 114

75

967

232,594

228,379

150,552 j

34,346

47,454

23,672 j

+ 21.2

6.9

174

247 ; 287 | 281 j -

1.8

48 | 127 j 109 \ 151 j + 38.2

36
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Horns 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. DecemFor detailed tables covering other items, see
ber,
the last quarterly issue of the SURVEY ( N O .
192*2
18).

FOODSTUFFS

Continued.

January,
1923

I Per. I centage
jincrease
CUMULATIVE TOTAL ! ()( )
CorreFROM JULY 1
spond- !
I or deTHROUGH
ing i
crease
LATEST MONTH.
month, j
Decem> cumuber, 1921,
,1 lative
or
January, 1921-22
1922-23 1922-23
'i from
1922.
! 1921-22.

1

INDEX NUMBERS.

YEAR
OR
I
PKRTOD. !

1922

1921

Percentage
increase
1923 | ( H
or decrease

Dec. Jan. j Oct. | Nov. Dec. Jan.

Jan.
from
Dec.

j

O t h e r C r o p s -Continued.
Apples:
Cold-storage holdings
Car-lot shipments
Potatoes, car-lot shipments
Onions, car-lot shipments
Citrus fruit, car-lot shipments

I
|
6,481 j
8,229 !
11,589 |
1,526 j
9,914 j

thous. of hbls..
carloads..
carloads..
carloads..
carloads.. j

C a t t l e a n d Beef.

!
5,333
4,313 !
!
4,217
8,171
77,539
16,477 ; 16,663
146,334
1,909
1,781
13,677
10,658
8,810
41,458

85,055
141,030
18,000
38,481

j

1919
1919
1919
1919
1919

313
88
70
66

249
62
111
102
163

318 j 387
431 | 276
225
132
116
29
132
84

'

Receipts, primary markets
thousands..
Shipments, primary markets
thousands..
Shipments, stocker and feeder
thousands..
Slaughter
thousands..
Exports, pork products
thous. of l b s . . |
Inspected slaughter production. .thous. of l b s . .
Apparent consumption
thous. of l b s . .
Cold-storage holdings, pork products
(1st of following month)
thous. of l b s . .
Prices:
Hogs, heavy, Chicago
dolls, per 100 l b s . .
Pork, loins, fresh,
j
Chicago
dolls, per 100 lbs..J

1,628 |
673 j

233 I
927 I
9,109 I

307
120
110
110
197

+
+
+

17.7
0.7
42.2
25.1
7.5

78,295 j.
341,040; 2,322,439
330,245 |
2,264,660
i

15,295
7 462
3,482
7,733
93 914

|+ 23.3
+ 28.8
|+ 41.0
|+ 18.7
'- 2.6

95
81
87
79

91
85
64
95
92

+
+
+

2.8
10.7
21.3
9.4
16.3

2,659,880 + 14.5
2, 530,409 + 11.7

8.150 !
15.40
11.80

1919
1919
1919
1919
1913

76
56
65
69

79
75
53
81
67

1919
1913
1919

35
99
74

33
111
85

28
141
102

40
134
93

48
124

47 - 2.4

1913
1913
1913

12,400
5,795
2,469
6,513
96,430

97
127

96
119
90

120
120
107

123
120
107

124
120
106

115 - 7.6
119 - 0 . 6
103 - 2.9

I
I
1
!
!
'

1919
1919
1919
1919
1913
1913
1919

105
148
47
84
130
133
168

114
150
36
98
156
144
172

134
139
61
133
190
183
257

142
158
88
134
239

60

306
1,887
66
3,395
196, 139

4,278 i 23,148
1,787
8,879
27
221
2,484
14,220
127,623
943,980
G42,093 3,093,535
469,521 2,814,072
!

619,317

742,605

546,100

1919

51

8.180

7.765

1913

81

15.50

16.00

1913

95

1,516 I
70S j
256
821
35,102

1,636
729
171
897

1,835
S88
183
925
34,558

1919
1919
1919
1919
1913

73
73
35
76
66

4,523

5,283

6,444

1919

77 I 47

6.219
14.869

6.950
14.175

5.260
12.170

1913
1913

9,505
48,689

7,885
40,265

13,539
48,320

thous. of lbs..

73,458

43,735

22,865 j

thous. of lbs..

100,170

120,428

15.20 '

i

j
!

Receipts, primary markets
thousands. J
Shipments, primary markets
thousands..
Shipments, stocker and feeder
thousands..
Slaughter
thousands..
Inspected slaughter production, .thous. of lbs. .j
Cold-storage holdings, lamb and mutton
(1st of following month)
.thous. of l b s . .
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs..|
Sheep, lambs, Chicago...dolls, per 100 lbs..'

143 ' 118
176 i 150
192 | 161
114 100
97 i 107

\
004
1,657
46
3,362
156,067
881,748
718,736

Sheep and Mutton.

374
121
77
88
184

M

Receipts, primary markets
thousands..
1,825
1,876
Shipments, primary markets
thousands..
847
756
Shipments, stocker and feeder
thousands.. |
357 !
281
Slaughter
thousands..;
994 j
1,087
Exports of beef products
thous. of l b s . .
10,780
12,537
Cold-storage holdings of beef
|
{
(1st of following month)
thous. of l b s . . 116,255 I 113,415
Inspected slaughter production, .thous. of l b s . . 424,178 I.
Apparent consumption
thous. of l b s . . 392,804 |.
Prices, Chicago:
Cattle, corn-fed
dolls, per 100 l b s . . i 10.581 !
9.780
Beef, fresh native steers.dolls, per 100 l b s . .
15.50 i 15.40
Beef, steer rounds, No. 2.dolls, per 100 l b s . . |
13.90 j
13.50
Hogs and Pork.

+ 9.7
- 3.6
+ 31.6
|j- 17.2

27,492
!
9,587
i
311
j 17,873
I 983,713
3,716,696
3,331,833
!

18.8
8.0
40.7
25.7
4.2
20.1
+ 18.4

+
+
+
+

| 99 118
j 109 ! 126
65
73
93
115
152
| 153
146
! 113
196
201
47

+ 10
.
+ 25.7

173 125

68

81 + 19.9

99

50

112
108

j+ 6.0
+ 13.9
+ 43.5

98 - 0 . 9

102

104 +

2.0

j

15,503
7,854
2,725
7,599
247,956

H,619
7,960
3,400
6,653
217,415

-5.7
+ 1.3
+ 24.8
- 12.5
- 12.3

|
|
;
1

81 j! 146 101 j
73 ! 181 121
32 | 197 131
j
84
88 h 101
67
67
72 I 72
!
41

72
60
30
85

+

7.9

+ 3.0
- 33.2
|+ 9.3

44

54

63 + 16.8

81 j 112 114
137
I
135 i 156 1 7 3 180

133
191

148 + 11.8
182 - 4 7
.

Fish.
Total catch, principal fishing ports thous. of lbs..
Cold-storage holdings,15th of mo .thous. of lbs..

96,626 j

105,283 + 9.0

1919
1919

233,362 + 17.8

1919

314 l 115 |

1919

156 [ 155 I 45
!

j 52 78
|
| 96 78

101

45 j - 17.0
65 ~ 17.3

Poultry.
Receipts at five markets
Cold-storage holdings
(1st of following month)




103,350

198,108

109 228 | 371 221 - 40.5
78 I 150 181 i+ 20.2

37
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.
18).

I
\

\ CorreI spond1923

1922

Percentage
increase

CUMULATIVE TOTAL

FROM JULY 1
THROUGH
LATEST MONTH.

:' ( + )
; or de! crease
: (_)

•• c u r a u -

I1

BASK
YEAR
OR

j
1921 I
i

PERIOD.

Percentage
increase

1923

1922

or decrease

|

I lative

• |ber,1921,
ij J a n u a r y ,

INDEX NUMBERS.

i

1921-22

I 1922-23

1Q99

!1922-23
| from
:1921-22.

Jan.
from
Dec.

Deo. | Jan. | Oct. Nov. : Dec. Jan.

FOODSTUFFS-Continued.
Dairy Products.
Condensed and evaporated milk:
P^xports
thous. of lbs..
Receipts of 5 markets:
Butter
thous. of lbs..
Cheese
thous. of lbs..
Eggs
thous of cases..
Cold-storage holdings (1st of following month):
Creamery butter
thous. of lbs..
American cheese
thous. of lbs..
Case eggs
thous. of cases..
Wholesale prices at 5 markets:
Butter
dolls, per lb..
Cheese
dolls, per lb..
M ilid milk:
Receipts—
Boston (incl. cream)
thous. of qls..
Greater New York
thous. of cans..
ProductionMinneapolis
thous. of qts..

9,850 ;

10,239 '

18/552

78,778 . 1 - 55.4

176,707

1919

31 •

14

26

+

3.9

.|
38,475 !

12,887

486 !

41,697

853

;

334,605

368,369 |!+ 10.1

1019

81

91 |

90 j

84 ;

84

10,684

48,123

13,749 |

98,642

122,469 ; | + 24.2

1919

69 •
'

66 |

112 |

99

84 I

79

1919

45

68 |

59 I

41

41 j

72

+ 25.1
- 6.3
+ 75.5

1916-20

86

62 i

— 39.9

1916-20
1916-20

74
24

58 j|
5 |i

1919

73

62 ||

79 I

83 I

1919

66

67 ;|

80 |

80 I

1919

805

5,936 | +

5.6

26,819 , 16,121 :l 35,047
23,617 j 20,594 , 21,430
j
1,311 |
213 ;
179
0.526 I
0.259 '

0.506 |
0.256 i

0.365
0.209

14,243 !
2,154 :

2,170

i 14,743
2,050

13,510 !

16,077 j 13,698

98,867 !
14,988

;

:
4.7

87,403 i |

79,957

15,689 ; +

105

85

48

29

100

90

72

88

36

6

- 20.9

89 j

85 | -

3.8

84 |

S3

-

1.2

113 j | 118 | 108 i 109 I
137 ij 153 1 143 i 144 ! 145 If

0.7

171

9.3

S3. 8

103
134

1913

-

192 I

160 ! 160 ! 189 ! 225 |-f 19.0
i

i

I

!

i

i

Sugar.
Receipts, Louisiana crop
long tons.. [ 45,824 | 33,899 ! 8,039
103,725
128,425 ;hMeltings, raw
long tons..! 227,333 i 251,140 ; 291,601 2,079,091 2,451,017 ij-f|
Stocks, raw, end of month
long tons..\ 44,828 | 80,617 ; 85,602
!
K xports, refined
long tons..'
291, S65 ! 159,035 ; —
2,671 j 4,718 ; 63,766
;
Prices:
Wholesale,90° centrifugal,N.Y.dolls, per lb.
.036
.057 i .053
i1
•
;
i
Wholesale, refined, N. Y
dolls, per lb..
.048
.069 I .067
Retail, average 51 cities
index number..
(' u ban movement:
Receipts at Cuban ports
long tons..
784,686 1,264,474 i +
87,489 i 501,271 | 199,102
Exports
long tons.. 101,760 i 309,831 ;j 121,775 1,253,527 1,885,077 ! +
Stocks
long tons..
45,349 \ 276,2S8 J 115,786

23.8

1913

245

50

17.9

1919

78

90

65

45.5

1909-13

thous. of bags..
thous. of bags..
thous. of bags..
thous. of bags..
thous. of bags..

I
',953 ;
976 |

7,721 |
819 !

993 '

1,004

959 |

1,226

-

26.0

77

+ 10.5

90

99

72
132

47
90

84

-f 79.8

200

160

76.6

1913

106 ; 104

155

160

163

151

-

7.0

1913

117

154 j 160

162

158

-

3.3

144 I 147

151

151

0.0

112 |i

1913
61.1

19

14

26

152

+473.0

59

59 |

31 !

95

18

36

8

7 \

43

+ 204.5
+ 509.2

7S

72 |

65

-

44

70
51

67 '

73

52

43 ! - 16.1

111

1919

50.4

106

108

104

104

1919

47
142

1919

1913
1913

9,234
1,387

-

79
85 ,

60

105

+

2.9
1.1

7,937 i

6,717 i;— 15.4

1913

7,607 i
3,598 !

7,737 .'.+ 1.7
4,051 :+ 12.6

1913

96

127

154

119

97

124 j+ 27.8

499

1913

110

127

212 '

188 ! 122

176 'j-f 44.1

110

108

89

89

- 0 . 4

231

286

347

349

273

413

+ 50. 9

71 ; 100

+ 40.7

,

1,064

>

1,259

;

209

1,077 2,159

1919

i

Coffee.
Visible supply:
World
United States
Receipts, total, Brazil
Clearances:
Total, Brazil, for world
Total, Brazil, for U. S

15 i 234 i 283
86
95 i 70

481

693

561
3,545 !

559 i
|
5,350 j
i

443
3,706 '

3,959 |
29,918 i

26,361 i 37,090 |
j

34,215 j

231,130 j

32,265 ]

282,718

TOBACCO.
Production (tax-paid withdrawals):
Large cigars
millions..
Small cigarettes
millions..
Manufactered tobacco and
snufi
thous. of lbs..
Exports:
Unmanufactured leaf
thous. of lbs..
Cigarettes
thousands..
Sales at loose-leaf warehouses
thous. of lbs..
Price ,whol. sale,Burley.goodleaf,
dark red, Louisville
dolls. per 100 lbs..




36,955
849,188
70,560 |
i
27.50 I

41,652 i|

27.50 |,

4.1

6,599,073 ;!+ 43.5

80,076

450,673 \

27.50

!
i

!

247,077;'+ 6.9
271,126 j i -

907,729 II 781,738 j 4,598,837
57,463 j1

4,346 j + 9.8
35,091 ' + 17.3

375,063 i i

16.8

1913
1913
1913
1909-13
1913

68 i

91

92

124 ; 103 !

186

424 , 405 j; 561

1919

98

1913

, 208

98 |

102

208 ij 208

127 I 118

133
70

+ 12.7
+ 6.9
- 18.6

208 } 208 | 208

0.0

4*3

71

439 ! 470
86 !

38
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.
NOTE.—Hems 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 SURVEY (NO.
18).

TRANSPORTATION—WATER.
Cargo Traffic.
Panama Canal:
In American vessels...thous. of long tons..
In British vessels
thous. of long tons..
Totalcargo traffic
thous. of long tons..
Sault Ste. Marie Canal....thous. of short tons..
Mississippi River:
Receipts at St. Louis
short tons..
Shipments from St. Louis
short tons..
Government barge line
tons..

December,
19*2-2

January,
1923

Corresponding
month,
December, 1921,
or
January,
1922.

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-2-2

INDEX NUMBERS.

, Peri centage
increase

1922-23

!(
1

"V

or decrease
:
(-)
; eumu;
lative
' 1922-23
I from
'1921-22.

BASE
YEAR
OR
PERIOD.

1921

Percent
ageincrease

1923

1922

or decrease
Jan.
i Dec.

Jan. I Oct. Nov. Dec. Jan. i from

Dec.

;
|
SSI
443
1,535
1,838

343
349
953
1,031

2,163
1,005
5,097
33,067

130
79,910
24,890 ; 217,695
59,062
280,326

5,495
16,855
9,779

3,769
2,328
7,923
54,046

!+ 74.2
|+ 45.0
i + 55.4
!+ 63.4

483
242
377
18

|
|
i
!

|.
|
|.
|
|.
|
!|

1915
1915
1915
1913

188
190
234
10

198 ! 356
151
236
198
355
113

224,206 ' - 20.0

1913
1913
1919

49
658
676

1
628
700

167 I 289 , 272 209 ! 172 : - 17.7

357
206
350
95

80
87
119 ; 316
276 : 170

31 ; .j!.
425 I
j .

456 ]

K

Vessels in Foreign Trade.
Entered in U. S. ports:
American
Foreign
Total
Cleared from U.S. ports:
American
Foreign
Total

thous. of net tons..
thous. of net tons..
thous. of net tons..

2,450 :
2,502 j
5,018 :

thous. of net tons..
thous. of net tons..
thous. of net tons..

2,132 |
2,643 [
4,775 '

2,021 i
2,799 '
4,821 ;

1,963
1,931
3,894

18,283 :
18,374
30,057

20,090 ;i-f 9.9
21,390 !:+ 16.4
41,481 j + 13.2

1913
1913
1913

217
71
109

1,873 !
2,078
4,552

2,051
1,935
3,980

18,122 ;
18,905
37,029

19,815 ;:+ 9.3
20,887 ' + 10.5
40,704 + 9.9

1913
1913
1913

195
164! 209 j 276 j 171 j 152 ! - 12.1
SO
60 ! 86
87 : 82 I 83 I + 1.3
112 j 89 i 137 ' 139 107 I 102 - 4.7

89 ; 83 I 78 . 86 ; + 9.3
142
133 | 113 ! 109 - 3.9

i

Index of Ocean Freight Rates.
United States Atlantic t o United Kingdom .weighted index number..
All Europe
weighted index number..

Jan. 1920 32.4
Jan. 1920 27.2

31.7 ! 25.3 28. 0 I 27.125.3 '- 6-6
27.1 I 22.7 24. 0 ! 24.422.9 !- 6.1

Ship Construction.
Vessels under construction. thous. of gross tons..
New vessels completed
thous. of gross tons..

252
43

302
14

201
53

106

-

64.2

1920
1919

23 i
|
15 'i

22
10

22 1 22 * 26 | + 19.8
12
4 - 67.4

TRANSPORTATION—RAIL.
Freight Cars.
Surplus (daily average last week of month):
Box
number.
Coal
number.
Total
number.
Shortage (daily average last week of month:)
Box
number.
Coal
number.
Total
number.
Bad-order cars, total (1st of following
month)
number.. j
Car loadings (weekly average):
.
'
Tot al
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..

5,002
3,651
14,981

0,970
7,208 :
20,588

132,174
145,913
330.081

1919
19119
1919

:

540
30
042

1919
1919
1919

()
*
! 1
(5)

331,050

1913

208

219

838,948 8^7,303
734,442
50,721
<*7,222
50,460
33,669
34,500
32,5G8
188,255 i 193,085
168,720
56,979
GO,828 I
48,960
9,522 : 10,909 ;
4,410
486,882 ; 480,9S9 ! 421,722
36,222
25,707

1919
1919
1919
1919
1919
1919
1919
1913

85
108
88
74
79
15
90
94

92
129
99
95

1913
1913
1913
1913
1913
1913
1913

163
154
167 I
193 j
83
172
113

156
145
155
186
49
162

38,397 • 26,815
30,525 I 38,477
82,927 i 73,209
216,011

209,471

181,257

205,324 | +

13.3

!

233 161
293 193
248 175

2
2

1
3|
3I

6 ; 8 l + 37.8
5 j 10 j + 97.4
8
14 ! + 77.5

I
i
3
479 I 355 202 141 - 30.2
1 1,126 |l,020 j 870 916 + 5.3
3
741 j 553 i 343 j 303 - 11.6
166

150

143 , 139 - 3.0

134
122
110
105
125
124
144

118
136
118
111
109
77
118 j
139 I

105
130
102
107
100
25
103
132

220
147
205
225
132
156
118 I

206
171
201 ,
223
132

106
121
105
109
118
29
102

+
+
+
+
+
-

1.0
6.9
2.5
2.6
17.3
14.6
1.2

Railroad Operations.
Revenue:
Freight
Passengers
Total, operating
Operating expense
Net operating income
Receipts per ton-mile
Pullman passengers carried
Revised-




thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls..
index number.. .
thousands..

364,106
98,404 '
513,576
404,898 ,
79,155 j
2,725

3 288,666 2,056,466 2,140,770
3 88,723 i 578, 942
573,001
3 425,275 2,895,401 i 3,003,903
3 351,450 2,240,125 I 2,379,710
3
49,657
520,724 j
423,555
2,349

18,280

+
\+
+
-

4.1
1.0
3.7
6.2
18.7

19,515 + 6.8

230
157
i 216
; 236
!
l 142
I 156
us! 131

132

1
i
i

130 - 1.3

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.
18).

December,
19'2'2

January,
1923

Corresponding
month,
December, 1921,
or
January,
1922.

INDEX NOMBEBS.

Percentage
increase

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

1922-23

or deI crease

I1 cum'u-

BASE !
|

; PerI cent! a&e
j inI 1923 | crease

1W1 ,

OR
PERIOD, i

"ii lative
'! 1922-23
i from
' 11921-22.

or dej crease

(-),
Jan.
Jan. I from

! Dec. I Jan. Oct. N o v . Dec.

Dec.

I

!

LABOR.
Number employed:
j
New York State
thousands..I
548
Wisconsin
index number. .1
Total pay roll:
j
New York State
thous. of dolls.. j 14,460
Wisconsin
index number.. j
Average weekly earnings,
!
Wisconsin
index number. .j
Unemployment, Pennsylvania
j
(1st of following month)
number.. j 22,333
Unemployment agency operations:
;
Workers registered
number. J 155,559
Jobs registered
number.. j 143,265
Workers placed
number.. | 115,595
Average applicants per job
number.. j
1.09
Immigration
number.. j 43,984
Emigration
number.. j 18,830

547

464

1914
M915

14,341

99 j

97 ]

110

95

96

111 i 116

113

115
120 !

114
121

-0.2

-0.8

1914

198 i 191

227 j 237

243 I 241

9 1915

179 ; 168

229 ! 247

251

9 1915

11,330

190 i 176

206 ! 212

+

209 i 203

245

-




2.4

-2.9

20,615

321,893

203,928
159,022
126,777
1.28
38,253
11,502

172, 838

1,387,632

100,599

801,796

92,924

659,791

10 1921

122 j 119 ;
-

1,507 354 4 8 6
. 1
,415 321 . 4- 76 5
1,089 522 4- 65 1

1.72
22,633

288,041

394, 850 !

15,585

240,212 j

133,052

+
—

37.1

44.6

1921
1921
1921
1921
1913
1913

86

120

104

7.7

77 j 101
123 I 136 4- 31.1
122 j 134 4- 11.0

8d

212

161

85

98

199

159

119

99

56

64

4- 9.7

19

60

56

63 I
37 I

74

26

32

67

31

35

34

37 !

23

4- 17.4
- 13.0
- 38.9

110

118

110

105

123 I 126
104 I 106

PRICE INDEX NUMBERS.
Farm prices:
Crops (15th of month)
index number..
Livestock (15th of month), index number..
Wholesale prices:
Department of L a b o r Farm products
index number..
Food, etc
index number..
Cloihs 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-furnishing
goods
index number..
Miscellaneous
index number..
All commodities
index number..
Fed. Reserve Board (Dept. Labor prices)—
Total raw products
index number..
Agricultural
index number..
Animal
index number..
Forest
index number..
Mineral
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..
Cost of living:
National Industrial Conference B o a r d Food
index number..
Shelter
index number..
Clothing
index number..
Fuel and light
index number..
Sundries
index number..
All items weighted
index number..
»Revised.

0.9

1913

97

1913

91

95

2.4
1.9

120

122

138

143

145 |

143

136

131

140

143

144 I

141 !- 2.1

180

176

188

192

194 j 196 +

1.0

199

195

226

218

216 | 218

+

0.9

1913
1913
1913

113 j 112 ; 135

133

131

158 ! 157 ! 183

185

124 i 124

127

+
+
+

1.6

127

185 | 188
130 ! 131

0.8

1913

178 I

178

176

179

182 ! 184

+

1.1

1913

121 I

117

120

122

122 \ 124

1913

140 j

138

154

156

156 ; 156

4- 1.6
0.0

139
130
109

166
147
132
204
218
135
152
I 154

1913
1913
1913
1913

133

1.5

i
167 | 168 4-0.6
161 | 164 4-1.9
128 I 126 - 1 . 6
207 I 210
215 4-2.4
208 ; 213 4- 2.4
209
133 i 136 ! 4- 2.3
136
166
160
129

137
130
103
169
179
125
151
140

1913
1913
1913

111 j 110
141 ! 139
142 I 142

135
163

173

174

180

4- 3.4

165 i 164

164

166

4-

1913

j

1913
1913
1913
1913
1913
1913
1913
1913

136

151

153

154 ! +

1913
1913

123

124

145 I 150

149 1 149 !

0.0

150

142

143 ' 145

147 i

144 • —

2.0

2.0

167
178
123
146

138

155 ji- 1.3
156 I 0.0

155

157 j

156

156 j

137

138 I 139 | 4- 0.7

i

.1.

136 <
i

153

l.'A
0.7

1913

i 152
|

150 ;

143 ' 145

| 169
|

169 j
i

165 | 167

147 j
167 j

144 ! -

1913

167 |
|

0.0

1913

| 157
|

156 |

157 | 160

156

160

i+

2.6

187

j

0.0

]

1913

First quarter of year.

178 | 187 ; 186
|

187

J 178

178 ! 172

171 1 171 j 0.0

1913
9

1
I 179

1913

; 163
j

161

171

157 ' 158

>• N i n e m o n t h s ' average, April to D e c e m b e r , inclusive.

159 i 158 I - 0.1

40
TREND OF BUSINESS

MOVEMENTS—Continued.
I'

N U M E R I C A L DATA.
NOTE.—Items marked with an asterisk (*N
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 .
IS).

December,
1922

January,
1928

Corresponding
month,
December, 1921,
or
January,
1922.

INDEX NUMBERS.

i Per_ l centage
:
(increase

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

ii (+)

: or de!• crease

!• cumulative
I 1922-23
I from
1922-23
! 1921-22.

1921-22

BASE
YEAR
OR
PERIOD.

Percent-

, age
in1923 ; crease
or decrease

1922

1921

Jan.'
from
Dec.

Jan.
Dec. Jan.••Oct. | N o v . Dec.

P R I C E I N D E X NUMBERS—Continued.
Foreign wholesale prices:
United K i n g d o m British Board of Trade.index
London Economist
index
U. S. Fed. Res. Board, .index
FranceGeneral Stat. Bureau..index
U. S. Fed. Res. Board, .index
Italy (Bachi)
index
Sweden
index
Switzerland
index
CanadaCan. Dept. of L a b o r — i n d e x
U. S. Fed. Res. Board, .index
Australia
index
India (Calcutta)
index
JapanBank of Japan
index
U. S. Fed. Res. Board, .index

.
157 + 1 3
161 + 1 9
.
167 + 0 6
.

number..
number..
number..

1913
1913
1913

171
162
172

168 1 155
1
157 ' 155
158
159 ! 158 159
;
166
170 I 163 165

number..
number..
number..
number..
number..

1913
1913
1913
1913
Jy., '14

326
287
595
172
178

314
337
286 j 293
577 ] 601
155
170
103 !
176

352
306
596
154
169

362
315
580
155
170

387
323
575
156
175

number..
number..
number..
number..

1913
1913
Jy., '14

170
145
148
180

168 i 162 i 164
145
144
147
147
159
162
178 , 177
178

165
147
161
176

165
149 +

0.0
14
.

179 1+

17
.

number..
number..

1913
1913

209
193

206 | 190
174
191

184 + 0.5
183
173 ! 176 ;+ 1 7
.

1913
1913
1913
1913
1913
1913
1913
1913
1913
1913
1913
1919
1919
1919
1919
1919

217
214
224
503
438
786
540
530
2,245
309
331
173
149
147
173
150

1919

176

188
172

:+
+
||+
+

6.9
2.5
0.9
0.6
2.9

DISTRIBUTION MOVEMENT.
27,407
32,379
19,782 !
Mail-order houses, total sales., .thous. of dolls..
18,931
20,750
Sears, Roebuck <c Co
f
thous. of dolls..
14,188
8,477
11,623
Montgomery Ward & Co. .thous. of dolls..
5,594 !
19,265
Chain stores, total sales n
thous. of dolls..
46,415
15,711 •
11,049
27,455
9,517 '•
F . W. Woolworth & Co....thous. of dolls..
4,929
10,515
3,598
S. S. Kresge Co
thous. of dolls..
1,227
2,968
961 :
McCrory Stores Corp.. . ..thous. of dolls..
2,060
5,477
1,632 i
S. H. Kress & Co
...thous. of dolls..
2,800
6,297
2,165
J. C. Penney Co
. . . t h o u s . of dolls..
5,440 j
8,385
4,898
United Cigar Stores Co
thous. of dolls..
1,203
856
Owl Drug Co
thous. of dolls.
Music (4 chains)
index number.
Grocery (21 chains)
index n u m b e r . .
Drug (8 chains)
index number.
Cigar (3 chains)
index number.
Shoe (5 chains)
index number.
Total department-store sales:
(176 stores)
index number.
Wholesale trade, Federal reserve districts: •
PhiladelphiaGroceries
index number.
Hardware
index number.
RichmondGroceries
index number.
Dry goods
index number.
Hardware
index number.
AtlantaGroceries
index number.
Dry goods
index number.
Hardware
index number.
Kansas C i t y Groceries
index number.
Hardware
index number.
DallasGroceries
index number.
Dry goods
index number.
Hardware
index number .1.
San FranciscoGroceries
index number,
Dry goods
index number
Hardware
index number,
" Includes F. W. Woolworth, S. S. Kresge, McCrory Stores Corp., and S. H .




147,165
102,7S6
44,379
157,204
94,933
35,270
9,071
17,919
28,216

j
!

'
;
|
j
\

43,885 I

177,737
118,592
59,145
182,317
108,136
43,222
11,264
19,695
32,125
44,509
6,692

-J+
+
+
+
+
+
+
+
4+

20.8
15.4
33.3
16.0
13.9
22.5
24.2
9.9
13.9
1.4
6.0

175 I 268 277
178 ; 250 254
169
311 •332
318
197 | 326
269
172 i 286
571
326
545
214
319 I 352
182
311 | 288
984 |2,696 2,599
|
199 j 240 244
j
I 252
246
121
72 j
162
138 I
122
117 |
127
111 :
j 122
80
I

1920-21
80
1920-21 1 83
1
1920-21
1920-21
1920-21 '

87

131 !

287 j 243
261 | 238
351 j 256
582 j 242
497 ! 200
952 j 446
660 j 273
610 j 229
862 ; 1,273
340 ! 221
370 j 263
204
166
161
179
165

127 188

74 ;
104 1 99
62
99 |
103 j 90
95 !

81
43
66

99 II- 47.3

87 :- 4.4
80 i- 15.8
!
62
77

87
95 j 94
138 | 111 72
117 i 109
109

1920-21 , 75
1920-21 j! 55
1920-21 1 90
1

15.4
8.8
27.1
58.5
59.8
53.1
58.7
62.4
55.5
35.1
28.8
56.9
0.6
21.1
35.2
49.1

2.2
74.2
27.3

91
108
98

90 |!+ 3.4
123 ||+ 70.8
119 ||+ 9.2

I
84
58

119 ; 111
103
111 j 101

1920-21
1920-21
1920-21
1920-21
1920-21

71 |
40 j
80 !

108 ; 94
104 | 74
103 i 92

84
42
78

83 j j - 1.2

1920-21
1920-21
1920-21
Kress only,

82

77 i
44
78

119 I 109
82
108 103

85
53
93

90 + 5.9
72 | + 35.8
98 + 5.4

88 j -

8.3

86 | -

16.5

93 i+121.4
89 |!+ 14.1

41
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

NOTE.—Detailed tables covering all items are
given in this number. Consult index at end
of bulletin.

November,
1922

December.

Corresponding
month,
November or
December,
1921.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(

v

or decumulative
1921

INDEX NUMBERS.

Percentage
increase

1922

BASE
YEAR
OE
PERIOD.

1922
from
1921.

1921

Percentage
increase

1922

or decrease
(->*
Dec.
Nov. Dec. Sept. Oct. Nov. Dec. from
Nov.

DISTRIBUTION MOVEMENT—Con.
Wholesale trade, Federal Reserve districtsContinued—
Kansas C i t y Groceries
index number..
Hardware
index number..
DallasGroceries
index number..
Dry goods
index number..
Hardware
index number..
San FranciscoGroceries
index number..
Dry goods
index number..
Hardware
index number..
American Wholesale Corp.,
total sales
thous. of dolls..
Magazine advertising (for
following month)
thous. of lines..
Newspaper advertising
thous. of lines..
Postal receipts
thous. of dolls..
Candy sales by manufacturers.. thous. of dolls..
Internal revenue taxes collected
on theater admissions
thous. of dolls..

1920-21
1920-21

106
99

Ill
111

119
111

Ill
101

- 13.5
103 + 2.0

71
40
80

1920-21
1920-21
1920-21

82

102
106
99

108
104
103

94
74
92

84 - 10.6
42 - 43.2
78 - 15.2

1920-21
1920-21
1920-21

91
60
86

77
44
78

103
87
106

119
80
108

109
82
103

85 - 22.0
53 - 35.4
93 - 9.7

34,854

30,028 - 13.8

1913

198

134

202

237

202

136 - 32.8

1,399
100,601
29,150
43,693

1,112
94,611 1,039,926
26,727
249,108
39,798
332,481

1,089,508 + 4.8
274,481 + 10.2
366,455 + 10.2

1913
1919
1919
1920

116
112
119
82

91
113
145
100

156
105
124
63

153
126
135

148
120
135

114 - 23.0
120
0.0
159 + 17.5
110 + 28.5

5,485

6,825

82,701

67,235 - 18.7

1920

97

92

74

76

94 + 24.4

22,698

22,476

23,189

1919

93

92

90

90

-

17,336
41,647
226,974
186,322

16,584
37,502
466,273
289,944

19,408
26,155
740,293
329,766

84
151
499
723

84
157
376
327

80 - 4.3
141
773 +105. 4
510 + 55.6

4,617
41.80

4,733
42.81

4,553
41.85

94
91

96 + 2.5
+ 2.4

19,027
17,098

20,851
19,558

20,575
17,554

207,095
190,973

239,854 + 15.8
203,245 4 - 6 . 4

1919
1919

100

94
94

110
105

94

85

102 + 9.6
112 + 14.4

17,332
14,169

18,899
14,938

18,476
12,926

194,331
146,543

217,900 + 12.1
157,625 + 7.6

1913
1913

213
215

234
225

219
233

249
267

220
246

650
564
2,330
3,203
1,860
76.4

704
2,464
3,149
1,900
72.1

1,180
356
2,443
2,992
1,765
71.1

1919
1919
1919
1919
1919
1919

61
47
90
137
90
145

61
60
93
137
91
142

22
117
86
146
95
156

24
113
88
147
95
155

34
95

152

33
119
94
144
98
144

11,219
4,543
11,095

11,329
4,823
11,255

11,220
3,560
10,174

1921
1921
1919

102
97

94
106

92
133
105

94
135
106

94
135
105

95 +
143 +
106 +

4.90
4.38

4.73
4.63

5.10
5.13

1913
1913

159
90

160

141
72

157
76

154
76

149 - 3 . 2
80 + 5.3

2,763

1,856

1,817
100,6f6
24,812
33,990

1,831

PUBLIC FINANCE.
U. S. interest-bearing debt
mills, of dolls...
Liberty and Victory Loans and
War Saving securities
mills, of dolls..
Customs receipts
thous. of dolls..
Ordinary receipts
thous. of dolls..
Ordinary disbursements
thous. of dolls..
Money held outside U.S. Treas.
and Federal Reserve System:
Total
mills, of dolls..
Per capita
dollars..

313,914
4,971,877
4,445,821

458,359 + 46.0
3,665,692 - 26.3
3,162,931 - 28.9

1919
1913
1913
1913

94
94
98
93
324 1,227
580
570

1919
1919

85
200
754
535

92

1.0

BANKING AND FINANCE.
Banking.
Debits to individual accounts:
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
Bank clearings:
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
P'ederal Reserve Banks:
Bills discounted
mills, of dolls..
Total investments
mills, of dolls..
Notes in circulation
mills, of dolls..
Total reserves
mills, of dolls..
Total deposits
mills, of dolls..
Reserve ratio
per cent..
Federal Reserve member banks:
Total loans and discounts, .mills, of dolls..
Total investments
mills, of dolls..
Net demand deposits
mills of dolls..
Interest rates:
New York call loans
per cent..
Commercial paper, 60-90 days, .per cent...




240 +
260 +

9.0
5.4

- 3.1
+ 24.8
+ 5.8
- 1.7
+ 2.2
- 5.3
1.0
6.2
1.4

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. DecemFor detailed tables covering other items, see
ber,
the last quarterly issue of the SURVEY ( N O .
1922
18).

January,

Corresponding
month,
December, 1921,
or
January,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1922-23

1921-22

(+)

or decrease
(-)
cumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PERIOD.

1922

1921

' Peri cent| age
j in1923 ! crease

(+)

Dec. Jan.

Oct.

Nov.

Dec.

Jan.

or decrease
(-),
Jan.
from
Dec.

BANKING AND FINANCE—Continued.
Life Insurance.
Policies, new:
Ordinary
thous. of policies.. \
185
Industrial
thous. of policies.. j
653
Group
number of policies..!
406
Total insurance
thous. of policies..
839
Amount of new insurance:
Ordinary
thous. of dolls, j 507,436
Industrial
thous. of dolls.. 137,707
Group
thous. of dolls..
65,730
Total insurance
thous. of dolls.. 710,873

152 |
547

60 I

398,150
112,678
13,701
524,528

1,017 |
3,837 |
379 j
4,855 ;

1,091
3,968
732
5,060

+ 7.3
+ 3.4
+ 93.1
+ 4.2

1913
1913

224
174

172
142

203
164

209
161

250
172

1913

182

146

170

169

185

2,360,066 ; 2,796,581
731,883 ' 819,716
60,166
147,909
3,152,113 3,764,205

+ 18.5
+ 12.0
+145.8
+ 19.4

1913
1913
1913
1913

| 317 232
i
j | 244200
| 1,757 920
j
! 308 228
!

283
256

13,340 ! 12,418 - 6.9
390,526! 299,389 - 23.3

1913
1913

169,350 ! 1,845,717 ! 1,991,409 + 7.9

1913

127
538
30
665
305,528
103,725
13,287
422,540

205 i - 17. 8
144 j|- 16.2I - 85.2
154 jj- 16.7

295
385
243
265
1,144 4,549
384
281 287

302
217
948
283

128 i 130
152 j 177

136
256

159 |j+ 17.2
217 j i - 15.3

114 174 | 218

310

119 U 61.7

152
100

I - 21.5
i - 18.2
j!- 79.2
j L 26.2

Business Finances.
Business failures:
i
Firms
number..
Liabilities
thous. of dolls., j
Dividend and interest payments (total)
|
(for following month)
thous. of dolls.. |
Dividend payments (following month):
Industrial and miscellaneous
j
corporations
thous. of dolls.. j
Steam railroads
thous. of dolls.. i
Street railways
thous. of dolls..
Total w
thous. of dolls..
New capital issues:
j
Corporations
thous. of dolls..
States and municipalities—
Permanent loans
thous. of dolls..
Temporary loans
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
revenue
thous. of dolls..
Operating income
thous. of dolls..
Credit conditions:
Orders
per. ct of total transactions..
Indebtedness.per ct. of total transactions.,
Payments
per ct. of total transactions..

1, 814
58,069

2,126
49,210

459,510

175,855

58,700
24,800
14,610
142,710

2,723
73,796 i

40,700 ; 39,650
27,655 i 27,450
6,300 | 6,150
74,655
73,250

w 365,900 ! "366,495 +
"190,264 13 189,615 "53,670 | » 53,270 "663,184 W664,780 +

183
385
244 I

0.2
0.3
0.7
0.2

1913
1913
1913
1913

1,402,279 i 2,181,188 + 55.5

1913

232

1913
1913
1913

37,871 !

204
325

153

124 i 159

316

461 I + 46.1

921
127
359

227
33
490

221 I 157
150 I 116
378 I 469

276
87

287 + 3.9
121 + 38.4
528 + 11.8

1913
1913

288
172

291
220

319 ! 317 j
273 j 236 I

1919

104

10,486
1,815

1919
1919

104
111

25.4
42.3
50.1

632,784

204

7,884

433,200

94

106 - 30.7
112 + 11.5
128 - 56.9
107 i - 47.7

1916
1916
1916

1913
1913

140
66

143
65

191

182
76

187 | 190 + 1 2
.
74 I 74
0.0

255

222

371

330

284 I 292 + 2.6

! 265 268
93 97
I 132 136

283
69
118

254
38

249
45
92

300 1+ 20.6
32 U 28.3
94 + 2.3

96
97
96
107
99
94

94
93
94
105
97
93

94
93
93
105
97
93

94
92
93
106
96
93

209,662

i: 145 103
;
| 100 111
!
1 292 125
1
I 196 105

70 |

124;
108
DO I

j

94,100
35,153
813,901

97,785 | 77,288
48,665
13,228
909,694
843,653

27.7
49.3
49.5

952,565 ! 643,681 - 32.4
327,728 | 278,723 - 15.0
3,685,321 | 5,114,800 + 38.8

126
95
64

l
| 93 92
1 109 109
1
|
| 91 91

!
j.
L

114

117
129

472

108
100

96 | 101 100
117 j 117 |
82 j

85

127
90

Stocks a n d Bonds.
Stock prices, closing:
25 industrials, average
dolls, per share,
25 railroads, average
dolls, per share.
Stock sales (New York Stock
Exchange)
thous. of shares.
Bond sales:
Miscellaneous
,..thous. of dolls.
Liberty-Victory
..thous. of dolls.
Total
..thous. of dolls.
Bond prices:
Highest-grade rails
..per ct. of par.
Second-grade rails
..per ct. of par.
Public utility
..perct. of par.
Industrial
. .per ct. of par.
Combined price index... . .per ct. of par.
Municipal bond yield.
per cent.
8

109.08
61.71

110.35
61.71

82.99
54.21

19,692

20,208

15,394

94,325

143,232 + 51.8

1913

177,670
106,317
283,987

214,185
76,239
290,424

191,216
228,613
419,829

1,011,424
1,358,621
2,370,045

1,389,556 + 37.4
728,640 - 46.4
2,118,196 - 10.6

1919

84.82
70.29
68.91
74.38
74.11
4.16

84.46
69.82
68.34
74.43
73.76
4.14

83.23
68.46
61.07
71.63
70.22
4.41

Includes bank dividends not separately shown.




1919
1919
1915
1915
1915
1915
1915
1013

13

1
1

91
102
91

Cumulative for eight-month period ending February of year indicated.

j

0.0

-

1.1

!

0.0

|+ 1.0

j - 1.0
I
0.0

43
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 special reasons;
detailed tables covering back figures for these
items w ill be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
18).

December,
1922

Corresponding
month,
December, 1921,
i
or
i January,
i 1922.

T

1903

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
FROM JULY 1
THROUGH
LATEST MONTH.

1921-22

192223

(+)

or decrease
(-)
cumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PERIOD.

1921

Dec.

1922

1923

Jan. ; Oct. Nov. Dec.

:or de(+)

;crease
(-),
Jan.
from
Jan.
Dec.
!

BANKING AND FINANCE-Continued.
Gold and Silver.
Gold:
Domestic receipt at mint fine ounces..
Hand output.
thous. of ounces
Imports
thous. of dolls..
Exports
thous. of dolls..
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..

Percentage
Increase

82,901

75,919

26,440
2,710

69,425 j
764 i
32,820
8,472

5,052
7,848
6 913
.638
31.383

5,190
5,825 !
6 921
.657 !
31.928

3,938
6,496
3 977
.655
35.035

791

335
26,571
863

632,182
4 521
371,877
18,064

661,550 + 4.6 j
5 336 -f 18 0 (
184,977 - 50.3
35,204 ! + 94.9

1913
1913
1913
1913

35,501 + 24.7 !
1913
41,739 - 1.3 ;
1913
37 567 + 8.9 I 1913
1913
> 1913

28,480
42,288
34 511

61
93
596
28
70
185
137
110
129

81
51
46
106
500 i 393

Hi
71
217
76
110
127

71

56

104

108

345

498

230

45

35

93
132

87

91

196

263

62

126

132

114

109

125

116

107
114

47
104
618
111

- 16.3
— 34
1-f 24.1
+212.6

93
195
132
110
116

+ 2.7
| - 25.8
4-0 1
+ 3.0
+ 1.7

FOREIGN EXCHANGE RATES.
Europe:
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..
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 of foreign
exchange
index number..

4.61
.072
.050
.066
.0001
.398
.269
.189

4.65
.067
.049
.061
.00007
.396
.269
.188

.489
.306
.994
.856
.119
.124

4.22
.082
.044

.249
.194

Par
Par
Par
Par
Par
Par
Par
Par

val.
val
val.
val
val
val
val
val.

39
2
91
91
101

87
42
23
40
2
91
93
101

.487
.317

.476
.278

Par val.
Par val.

96
56

95
57

96

.991
.847
.114
.128

.948
.772
.126
.101

Par val.
j Par val.
Par val
Par val.

93

100

55

95
80
39
52

64

1913
+ 4.6 I
+ 31.8 ', 1913
- 15.4 ' i 1913
+ 20.3 ! 1913
+ 6.2 I 1913

124
134
74

!

078
!

.005
367

Par val.

86
40
23

78
39

91

92

95

38

36

22

23

37
26
34
.06
99

36

33

.14

.06

97

98
100
%

99
95

im
98

96
35
25
31
.03
98
100
97

'+
—
—

0.9
0.9
2.0
7. (i
0.0

— 0.5
00
- 0.5

97
61

98
63

98 — 0.4
65 + 3.6

84
35
70

100
85
37
63

99
89
37
64

99
88
35
66

65

67

67

70

68 -

119
138
81
141

165
236
99
296

132

170

173
249
93
272
182

149
195
84
244
163

+ 1.6
- 7.1
89 + 5.4
236 - 3.1
170 !+ 4.0

173
167

170

156

157

146

59

-

0.3

i-

1.1

— 4.2
•+

3.2
2.0

U. S. FOREIGN TRADE."
Exports by Grand 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

1

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

186,727
25,062
24,742
15,989
80,412

189,659
23,286
26,086 i
15,489 !
83,603 |

149,042
17,753
23,669
9,266
64,933

1,219,797
130,666
207,384
93,545
495,676

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

85,262.
52,833

78,308
48,908

57,995
32,606

545,555
329,992

584,696 + 7.2 ! 1913
377,558 + 14.4 j j 1913

124

116

178

105

97

17*

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

22,128
9,871

21,324
9 210

13,853
6.187

102,073
41,764

144,806 + 41.9
59 833 + 43 3

1913
1913

133
158

113
135

164
194

183
184

thou~. of dolls..
thous. of dolls .
thous. of dolls..
thous. of dolls..

46,517
20,237
3,792
344,324

41,709 !
13 366
4,479
335,539

54,726
27,985
3,232
278,848

335,139
160 623
26,838
2,229,402

1913
1913
1913
1913

3*0
590
166
143

316
537
134
135

296
416
178
179

94,912
42,292
32,499
19,838

99 700
47,398
30,288
21,707

76,488
33,972
24,565
17,710

592,257
299,840
163,845
126,709

+ 4.1
1913
1913
- 4.6
1913
+ 15.7
+ 9.7 I 1913

133
162
118
113

119
140
105
110

133
160
112
122

1,276,256
172,225
175,419
112,488
526,294

308,905
115 970
32,145
2,346,808

—
+
+

7.8
27 8
19.8
5.3

229
140

152
182

-

8.1
7.4

- 3.4
— 6.7

181

175

215

201

286
412
228
184

269

241

389

257

157
166

— 10.3
— 34 0
186 + is.i
162 - 2.0

149
188
129
121

148

156

175

196

138
123

129

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES.
United Kingdom.
Imports (values):
Total
thous. of £
Food, drink, tobacco, .thous. of £
Raw material
thous. of £
Manufactured articles.thous. of £
14

sterling..
sterling..
sterling..
sterling..

See headnote in black type at beginning of this table, p. 25.




616 616
285,942
189,645
139,007 I

135

+ 5-0
+ 12.,
"
+

6-8
9-4

44
TREND OF BUSINESS MOVEMENTS—Continued.
INDEX NUMBERS.

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.
18).

Percentage
increase
CUMULATIVE TOTAL i ( + )
FROM JULY 1
or decrease
THROUGH

December,
1922

January,
1923

Corresponding
LATEST MONTH.
month,
December, 1921,
or I
January, j 1921-22
1922-23
1922. !

cumulative
1922-23
from
1921-22.

BASE
YEAR
OR
PEKIOD.

1922

1921 |

1923

Percentage
increase

( }

t
i"^
Jan.

or decrease
Dec. Jan.

Oct. Nov. Dec. Jan.

from
Dec.

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES—Continued.
United Kingdom—Continued.
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-worsted tissues .thous. of sq. yds..
Iron and steel
thous. of long tons..
Coal
thous. of long tons..
Production:
Pig iron
thous. of long tons..
Steel ingots
thous. of long tons..
Coal
thous. of metric tons..
Stocks, zinc
short tons..

66,939
3,364
9,372
53,135

+ 13.7
+ 20.3
-1.3
+ 18.3

63,147 | 406,041
2,861 I 22,226
7,032
46,013
51,824
321,174

435,674
21,699
65,217
341,006

+ 7.3
- 2.4
+ 41.7
+ 6.2

1913
1913
1913
1913

136
117
133
138

145
105
121
151

138
113
158
137

152
125
173
152

135
103
163
131

153
124
161
155

65,827
19,107
30,826
15,850

57,904
10,237
32,571
15,052

- 12.0
+ 5.7
-5.0

1913
1913
1913
1913

101
183
80
102

93
162
75
93

91
109
84
96

100
119
97
96

105
93

107 + 15.6
127 + 21.3
111 + 19.5
3.0

2,042,601 2,734,028 + 33.9
71,855
117,933 + 64.1
1,082
2,217 +104.9
42,662 + 88.3
22,657

1920
1920
1913
1913

89
52
50
70

92
71
61
66

96
58
84
101

108
74
90
107

79
82
97

108 + 11.0
100 + 27.2
+ 3.8
92 - 5.2

1,333
2,537
129,678

2,796
9,493
44,932

3,319 + 149.0
3,886 + 53.2
161,069 + 24.2

1913
1913
1913
1920

32
60
94
56

34
51
74
50

56
88
89
12

58
94
91
3

62
85
108
3

+ 6.4
98 + 14.3
110 + 2.2
2 - 37.6

160

168

152 I 10.0

9,798
1,687
5,938
2,172

8,459
2,155
4,015
2,285

360,965 400,598
17,521
22,280
341 |
354
5,955
5,647

339,348
15,813
254
4,021

-

4Q.4

Belgium.
Production:
Zinc

short tons..

13,040

11,739

9,092

46,503

79,443 + 70.8

1920

105

117

70,205
112,038

68,086
65,636

51,476
47,098

422,673
481,573

469,790 + 11.1
632,646 + 31.4

1913
1913

107
277

92
150

120
330

136
420

126
357

122 - 3.0
209 - 41.4

2,986
8,816
40,669
1,500

2,239
3,142
9,740
1,295

1,935
1,520
6,103
1,304

35,348
104,055
105,746
9,813

23,706 - 32.9
102,231 - 1.8
173,625 + 64.2
9,354 4.7

1913
1913
1913
1913

104
65
412
200

110
12
73
168

330
153
449
186

100
129
660
202

170
68
485
194

127
24
116
167

143,550
12,579
10,383

8,450
15,904
13,536

21,370
2,182
4,000

109,543
51,724
38,900

185,650 + 69.5
53,519 + 3.5
45,229 + 16.3

1913
1913
1913

70
44
126

483
23
65

452
94
124

38,596
20,330

290,735
250,095

300,420 + 3.3
280,138 + 12.0

1920
1920

93
51

102
57

156
141

102
73

79
61

11,647
13,014

163,738
78,651

187,423 + 14.5
45,582 - 42.0

1920
1920

38
198

39
138

141
152

67
104

46
106

81,418
83,555
11,727
67,701

520,290
525,892

669,842 + 28.7
663,957 + 26.3

456,971

584,965 + 28.0

1919
1919
1919
1919

117
117
110
132

121
123
93
123 !

145
143
112
148

144
142
118
171

138
147
61
155

.
148 + 7 8
140 - 4.9
92 + 52.4
3.2
150

1,748
33,690
136,763

1,903 + 8.9
31,440 - 6.7
+ 38.4

1913
1913
1913

187
349
60

224
495
26

166
357
76

204

207
399
164

217 + 4.8
436 + 9.4
31 - 81.2

+133.3
+ 8.0
- 34.3
- 12.0

1913
1913
1913
1914

32
55
23
155

87
37
43
76

60
104
16
77

75
104
2

81
112
6
61

134 + 75.3
85 - 24.3
122
205 +238.3

1913
1913
1914

114
92
495

229
69
275

71
217
137

100
206
137

129
114
330

172 + 33.3
46 - 60.0
275 - 16.7

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.
Bank clearings
mills of dolls.
Bond issues:
Govt. and provincial
thous. of dolls.
Municipal
thous. of dolls.
Corporation
thous. of dolls.
Employment:
Application
number.
Vacancies
number.
PlacementsRegular
number.
Casual
number.
Newsprint paper:
Production
short tons.
Shipments
short tons.
Stocks
short tons.
Exports (total printing)
short tons.
Business failures:
Finns
.>.
number.
Liabilities
thous. of dolls.
Building contracts awarded....thous. of dolls.
Argentina.
Grain shipments:
Wheat
thous. of bushs.
Corn
thous. of bushs.
Oats
thous. of bushs.
Flaxseed
thous. of bushs.
Visible supply:
Wheat
thous. of bushs.
Corn
thous. of bushs.
Flaxseed......
thous. of bushs.




32,877
24,456

24,485
82,097
16,025
29,679

57,126
88,645
10,533
26,105

8 J3,246
130
168

67

-

25.0
64.4
76.1
13.7

191 - 94.1
165 + 26.4
219 + 30.4

45
STEEL FURNITURE.
(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources,1
[Base year in bold-faced type.1

SHIPMENTS OF STEEL FURNITURE-STOCK GOODS.
B.—NUMERICAL DATA.

A.—INDEX NUMBERS.

MONTH.

1919

1920

1921

1922

100

162

104

119

78
82
86

138
132
167
121

125
114
110
110

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

90
76
81
106

177
184
169
189

September.
October
November..
December..

120
117
123
153

191
190
150
138

January..
February.
March....
April

1920

1921

1922

$10,895,203

Total
Monthly average.

1919

907,933

$17,659,303
1,471,609

$11,327,830
943,986

$12,928,026
1,077,336

108
107
120
117

$812,121
707,634
743,747
781,252

$1,254,912
1,195,233
1,513,014
1,095,080

$1,136,500
1,078,336
996,194
994,339

$983,834
967,125
1,087,228
1,058,382

112
102
90
87

116
112
104
104

816,414
690,855
731,578
958,114

,603,868
.,673,422
, 534,995
,718,657

1,018,189
922,318
817,829
793,281

1,056,735
1,015,463
945,768
943,087

86
96
98
113

117
135
133
152

1,088,685
1,057,871
1,119,280
1,387,652

,730,393
721,812
360,638
257,279

782,053
871,012
890,362
1,027,417

1,062,495
1,227,447
1,204,310
1,376,152
These data
erticals

pe

safes and

FARM LABOR.
(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
WAGES OF MALE FARM LABOR EMPLOYED BY—
Day, harvest.

Month.
YEAR AND MONTH.

With
board.

WAGES OF MALE FARM LABOR EMPLOYED BY

Without
board.

With
board.
Relative to 1913.

A.—INDEX N U M B E R S
1913
1914
1915
1916
1917

monthly av . . . |
monthly av . . . I
monthly av. . . i
monthly a v . . .j
monthly a v . . J

1OO
98
99
109
135

1OO
99
99
108
133

1OO
99
99
108
132

1918
1919
1920
1921
1922

monthly a v . . .
monthly a v . . .
monthly a v . . .
monthly a v . . .
monthly a v . . .

163
186
219
141
136

161
186
214
143
138

169
201

1
3

229
143
140

1OO
98
99
107
131 !
166 :

197
225
144 ;

140

Data from V. S. Department of Agriculture, Bureau of Agricultural Economics.
Data represents a weighted average for the year




As of April 1 of year indicated.

46

WORLD PRODUCTION OF COTTON.*
!
!

I World total.

Country
New crop available..

June.

United
States.

India.

Mexico.

August.

Brazil.

Egypt.

November, i September. September.

August.

Thousands of bales (478 pounds net).
Normal consumption (1909-1913).
1909-1913 average..
1914
1915
1916
1917

20,660
24,630
18,470
18,970
18,370

106
129
113
127
125

13,033
16,135
11,192
11,450
11,302

193
108
95
103
135

3,584
4,356
3,126
3,756
3,390

322 |
387 |
282
281
345

1,453
1,337
989
1,048
1,304

1918.,
1919..
1920..
1921..

18,580
19,925
20,940
15,330

129
155
164
157

12,041
11,421
13,440
7,954

203
199
188
126

3,324
4,850
3,013
3,735

339
384
451
612 i

999
1,155
1,251
902

1922, latest estimates.

18,300

1

From private sources.

9,964

185 ;

* 4,348

1,015

»1922 acreage 12,496,000 compared with 11,976,000 in 1921.

WORLD PRODUCTION OF WHEAT.*
Country
New crop available.

World total.

"

Australia.!

January, j January.

India.
March.

states! i
July.

s

Pain-

, August.

Ital

y*

France.

August. ! August.

Germany.Rumania.! Canada.
August.

August. (September

Normal consumption
(1909-1913)
1909-1913 average
1914
1915.
1916
1917

1922, latest estimates
1923, latest estimates
1
Russia excluded. No accurate statistics are available.
< New boundaries.
6
' Excludes Alsace-Lorraine.
Former kingdom, Bessarabia and Bukowina.
* Excludes Dobruja.
• Data compiled by U. S. DcpartmeiU of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received
by that department or by the Department of Commerce% Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested.




47
WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.*
CANE SUGAR.

Staled

May.

Bra U

Oct.

Java.
World
total.

YEAR.

Oct.

* -

Hawali

FLAXSEED.

'

Cuba

RKo?

Nov.

Dec.

- !

India

Dec.

«

i "3ST

World
total.

Dec.

1915
1916

|

12,776
13,442

1917

1

14,508

1918
1919

1

13,324

|

13,799
13,656
14,143

1,514
1,054
1,797
2,009
1,960
1,478
1,473
1,579
1,850

3 14,223

1,978

1909-1913 average..
1914

1920
1921

9,971
11,293

1922 latest est
1923, latest est

311
247
139
311
246
284
122
176
<328
«242

493 j
440 I
496 j
580
676 I
3

363
346
484
503
454
406
485
490
408

»524

476

2,295
2,967
3,437
3,442
3,957
4,597
4,209
4,408
3 4,476

Aug.

Aug.

«4,595

•393

31,989
36,928
45,040
39,289
4,032
19,588
30,775
42,038
50,470

3

»Exports.

19,870
15,448
15,880
19,040
21,040
20,600
9,400
16,760
10,800

19,505
13,749
14,030
14,296
9,164
13,369
7,256
10,774
8,029

12,040
7,175
10,628
8,260
5,935
6,055
5,473
7,998
4,112

32,272
46,297

17,360

12,238

5,685

110,992
94,559
103,287
82,151
41,063
61,821
61,692
87,964
83,288

2,614
2,757
2,950
3,058
3,708
2,617
3,361
2,826
2,903

«2,884

•
i Louisiana and Texas.

& £ £ Canada.

Thousands of bushels.

567
646
593
645
577
600
556
522
555

»38
344
486
413

Apr.

Jan.

Thousands of short tons.

«*«*

From private sources.

«Louisiana and Texas.

WORLD PRODUCTION OF BEET SUGAR *
United
States.

World
total.*

Ger- CzechoNether- Belmany. Slovakia. Russia. ! Poland. lands. , glum. ; France.

Italy.

Spain.

Denmark.

Sweden.

YEAR.

Thousands of short tons.
1909-1913 average
1914 . . . .
1915
1916
1917
1918
1919

8,432
8,331
6,056
5,808
5,208

1

!

4 592
3,490
4,997
5,360

1920
1921

1922 latest estimates

1
i

«5,375

2,296
2,721
1,678
1,721
1,726

1,017
1,004
812
805
584

1,726
1,879
1,824
1,457
1,134

688

318

726
1,089
1,020

1 484
808
1,212
1,429

559
770
730

86
55
55

691

!

1,839

699 1

610
722
374
821
765
761

279
239
293
263
249
106

246
316
264
286
215
182

276
215
120
140
136

759
334
150
204
221

209
166
166
160
162

116
112
117
139
154
169

78
152

121
171

268

370

198

263
314
382

315

403

120
185
150
249

*298

303

>330

471

318

195

"246

91
104
91

128
168
143
124
149
156
149
168
168

140
151
144
141
141
181
259

U87

116

72

!

»From private sources.

i Crops in all countries here given are harvested beginning in September.

»Includes Ukraine; data from private sources.

WORLD PRODUCTION OF RICE.*
Country...

India.

New crop available

Egypt.

States.

Italy.

Spain.

Japan.

Dutch»
East
Indies.

Apr.

World total.

Apr.

Aug.

Sept.

Sept.

Nov.

Dec.

United

Philip- 1

pines.
Dec.

Millions of pounds (cleaned).
Normal consumption (1909-1913)
1909-1913
1914
1915
1916 .
1917
1918
1919
1920
1921

1922 latest estimates

110,780
102,986
114,500
112,300
122,000
97,400
117,200
90,777
120,666

I

72,950
61,022
73,526
77,932
81,198
55,218
71,613
62,793
73,907
55,621

14,602

875

518

553
81
542
237
487
692
607
634
473

681
657
804
1,135
965
1,072
1,166
1,446
1,045

646
741
763
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

6,481

1,124
1,404
1,100
1,289
1,745
2,210
1,977
2,127
2,427

«33

1,166

•633

373

19,033

5,207

2,886

67,891

!

7,349
7,826

8,323
8,465
7,051
6,480

1
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. 8. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available
information received by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order
in which crops are harvested.




154
170

48

EASTBOUND FREIGHT THROUGH CANALS AT SAULT STE. MARIE.1
1913

1914

1915

1916

1917

1918

1919

1921

J

MONTH.

Unit: Short ton.

COPPER.

1,053
17,857
14,622
13,435
18,964
6,535
5,026
5,519
2,367

Total for season...

874
8,295
9,118
11,800
10,191
6,959
13,347
24.454
6,726

85,378

April
May
June
July
August
September
October
November
December

91, 764

5,749
22,369
15,154
20,018
15, 934
16,119
22,278
33,983
4, 802
156, 436

7,238,352 >
5,257,074 !
6,151,055
14,955,458
13,124,820
5,497,071
10,629,983 ! 7,132,751 !
2,741,383
13,205,642 ! 4,604,018 ; 2. 398,662
9,211,920
2,262,280
2,236,824 ,
8,606,412 |
5,590,011 I 6, 453, 902
14,389,056 i 11,530,972
9,690, 850
21,667,557 ~ 14,936,019 i 20, 338, 360
12,325,589 j 3,925,553 I
9,221,684
112,229,969 I

Total for season...

13,423
17, 384
14,047
19,855
18,950
17, 846
21,281
3,247

12,210
23,599
16,709
22,824
11,983
10,470
18,432
2,585

14,236
11,462
16,689
10,617
11,462
9,298
7,556
4,758

3,942
8,024
5,647
10,213
12,890
11,136
4,662
1,895

4,658
3,063
7,986
12,011
6,467
6,699
8,034
2,627

145
3,215
3,450
1,753
2,588
3,473
4,564
10,372
1,973

5,989
7,650
11,415
6,443
9,141
9,021
8,282

126,043

118,812

86,078

58,409

51,545

31, 533

57,941

GRAIN (other than wheat).

Unit: Bushel.
April
May
June
July
August
September
October
November
December

68,338,072 j

61,755,247

3,575,624
15,837,114
10,301,414
13,349,113
9,029,305
9,225,916
6,850,952
15,240,821
9,760,057

17,558,579
14,633,903
8, 545, 448
4,105,294
4,324,085
4,091,389
7,148,021
7,009,086

2,083,029
8,187,450
737,502
2,481,626
1,360,698
817, 251
4,279,916
7,189,456
3,663,693

4,176,041
9,370, 374
6,694,901
7,100,008
5,284,741
2,918,591
4,351,059
8,654,903
4,183,727

6,008,000 !
11,904,942 |
3,076,986 !
3,133,419
2,315,909
3,102,770
7,198,311
9,921,968
4,967,830

7,418,708
12,431,592
11,358,929
10,839,026
10,298,759
14,382,104 !
9,119,245 |
13,540,811
6,305,090

93,180,316 j

67,415,795

30,800,621

52,734,345 |

51,630,135 I

95,694,264 j 119,225,398

Unit: Barrel.

I

i

214,350 !
1,260,902 |
1,126,230 i
1,194,330 !
1,348,400
1,581,240
1,405,010
1,221,811 i
362,120 j

305,370
1,168.983 I
827,894 I
765,790 ;
S1O,568
1,212,502
1,572,930 |
1,391,860 j
380,910 !

10/210,364 :

Total for season...

9,714,423 i

8,436, 837

25,260
876,930
1,051,366
1,473,221
1,430,791
1,676,321
1,668,250
1,593,371
430,950
10,226,460

Unit: Bushel.

910,524
1, 031,630
915,420
935,700
917, 420
1, 544,510
1, 402,260
430,090

658,910
1,082,521 !
1,171,250
1,038,221
621,010
1,142,991
1,317,800
444,830

54.540
890,330
1 , 150,240
, 119,140
,232,250
1,516,155
, 843,280
,887,340
524,030

51,730
1,155,180
923,880
985,533
1,203,150
1,560,050
1,401,620
1,440,670
060,800

8,449,949 j

8,228,844 |

8,087,554

7,477,533 I

10,217,305 I

9,382,613

WHEAT.
8,147,026
26, 758, 533
10,973,258
9,910,005
4,187,331
21,669,610
27,678,150
32,770,253
8,189,929

16, 493, 824
13, 267, 497
4, 926, 791
3,938,366
2, 43S, 280
25, 473, 968
65, 387, 356
74,388,6*7
49,166,789

20 861,917
37,333,403
25,928,171
31,907,803
25,473,927
15,230,663
18, 444, 833
28,520,292
22,362,306

40,956,059
26,618,896
9,778,068
8,849,306
8,565,177
34,714, 844
37,992,913
18,424,186

150,284,095

255,481,558

226,063,315

185,899,449

lfi 729 000
29,096,116
6,40?, 051
2,391,840
1,487,218
10.180,991
22,252,196
17,388,391
7,807,045

4 441 647
2,632,572 I
4,033,331
1,138,342 I
501,050 i
5,955,593 |
29,148,980
52,702,409
22,164,222 1
122,718,146

113,734,848

4 274 611
13,497,995
5,976,125
7,838,470
7,512,510
11,624,488
28,470,696
37,236,311
27,025,281

8 592 826
12,609,469
10,418,433
7,878,077
10,132,267
28,120,141
41,837,386
53,332,559
24,793,852

9,708,560
24,662,396
12,438,044
17,208,842
9,217,032
37,520,214
56,706,654
75,086,570
33,066,976

143,456,487

197,715,010

275,615,288

GENERAL MERCHANDISE.

Unit: Shor , ton.
16,171
44,169
58, 323
91,181
57,958
45,972
47, 948
26,220
15,126

4,254
49,742
33, 060
44,014
38,793
31,251
22,177
16,580
6,313

10,812
42,580
40,858
37,669
40,910
38, 542
56, 466
40, 916
23,411

19
24,318
31,162
44,393
64,704
57,388
59,009
38,698
19,222

4
12,064
39,648
38,529
43,395
45,306
38,156
33,948
13,888

7
10,396
5,262
11,411
8,044
12,701
8,766
2,055
3,201

11
13,866
7,752
14,478
7,708
5,637
11,125
1,776
1,684

545
11,641
6,172
9,171
6,945
2,973
3,608
8,874
6,427

1,457
6,905
7,354
12,470
9,982
20,517
13,039
19,388
7,012

79
63,111
150, 598
9,053
35,968
9,754
10,076
15,955
10,944

403,068

1

Total for season

246,184

332,164

338,913

264, 838

61,843

64,037

56,356

98,124

305,543

147,188
792,162
876,913
410,857
507,067
750,841
428,643
417,282
79,307

139,326
622,227
004,897
912,609
727,994
978,562
059,450
299,532
40,880

162,630 I
6.683.820 !
8,707,350 |
9,235,086 |
8.784.821 j
8,721,412 j
8,656,823 I
5,553,173 j
137,564 I.

95,328
2,652,033
3,892,791
4,356,760
4,384,949
3,610,454
3,209,886
383,302

80,864
1,379,850
6,617,660
8,942,659
8,936,377
6,653,148
5,871,802
3,658,414
10,864

60,410,260

46,785,477

56,642,679 |

22,585,503

42,156,638

IRON ORE.

Unit: Short ton.
292,918
7,015,626
7,945,258
8,067,000
7,461,384
7,203,825
6,692,133
3,365,513
33,320

April
May
June
July
August
September
October
November
December
Total for season

48,076,977

30,023 :
3,735,584 j
5,347,583 !
5,626,737 j
5,893,267 j
5,289,808 ;
4,371,288 i
1,115,779
31,410,069

411,845
906,788
753,974
025,151
865,029
798,965
876,570 !
494,967
78,815 !
45,212,104 j

I
!
j
|
j
i

Total for s e a s o n . . . . '

1,098,123
8,332,178
8,855,821
9,107,569
8, 263,273
8,348,801
8,675,590
5,574,135
950,363
59.205,853

406,003
5,099,157
6,091,146
6,343,379
6,360,454
6,368,408
5,730,018
2,677,685 i
394,413 J
39,470,663 |

875,307
5,436, 467
8,144, 555
9,518^ 351
9,454,666
10,308; 743
9,572, 174
9,79f,'933 | 10,212. 956
9,298, 811
9,531, 15
8,132; 288
8,918, 578
7,214, 058
5, 894,
845
1,186, 987
1,239,407
63,423,180

61,308,661

TOTAL FREIGHT—EASTBOUND.

Unit: Short ton.
April
May
June
July
August
September
October
November
December

858,070 i
1,286,660 I
1,379,584 !
846,140
1,137,110
1,072,330 i
1,054,630
594,320 i

204,821,507

Total for season...

April
May
June
July
August
September
October
November
December

876,160
1,274,028
1,036,580
965,491
918,650
1,204,910
1,293,410
880,690

19,383,055
22,675,972
11,513,684
11,687,143
6,836,613
20,715,111
44,718,871
47,632,532
19,658,526

April
May
June
July
August
September
October
November
December

5,751,710
26, 734,772
12,932,485
6,987,464
13,737,825
15,728,399
8,572,172
18,294,757
10,485,814

FLOUR.

263,290 '
1,325,221 i
1,083,160 ;
1,206,460
1,437,364
1,407,331
1,532,536
1,590,112
364,890 !

April
May
June
July
August
September
October
November
December

1922

,090,077
675,538
240,518
466,597
249,237
017, 771
399, 436
418,067
812,002
56,369,242

566,915
752,488
659,174
078,451
064,673
523,923
953,664
363,0*4
186, 046
74, US, 41X

7,148,
10,854,
11,034,
10,840,
9,899,
9,522,
8,753,
1,992,
70,046,485 I

321,296
200,843
254,473
746,246
743,473
154,660
590,305
355,760
918,496
66,2S5,552 i

756,266
895,542
554,979
343,396
080,651
525,794
063,120
201,881
409,576

454,726
483,836
153,884
749,701
278,071
290,129
876,641
065,488
111,527

52,831,205

63,464,003

458
827
067
900
043
941
351
390
271

497
2,946
7,597
9,827
9,808
8,451
7,995
6,559
1,337

414
016
326
451
561
131
960
287
077

32,113,248 ; 55,020,223

i Compiled from the monthly statistical reports issued by the Corps of Engineers, U. S. Army, at St. Marys Falls Canal, Mich., and represent the lake commerce through
the canals at Sault Ste. Marie Mich, and Ont. i. e. total traffic of both the Canadian and American canals for the months during which the canals are open.




49

WESTBOUND FREIGHT THROUGH CANALS AT SAULT STE. MARIE.
1913

1915

1914

1916

1917

1919

1918

J92O

1921

1922

MONTH.

Unit: Short ton.
April
May
June
July
August
September.
October
November.
December..

214,814
411,345
377,869
421,526
383,847
301,533
292,690
291,768
49,182

Total for season... j

HARD COAL.
39,2*4
218,694
414,401
431,193
293,059
162,910
237,710
339,344
73,950

2,744,574

2,2 H), 505 I

130,111
248,110
300,631
315,374
279,948
174,560
260,188
233,708
88,100

100,800
251,381
264,377
366,900
322,136
303,887
279,350
188,070
133,318

90.292
214,510
327,146
384,454
371,883
402,324
357,639
332,210

2,030,730

2,210,219

2,562,199

Unit: Short ton.
April
May
Tune
Tuly
August
September
October
November
December

|
!
I

Total for season...:

514,384
2,376,403
2,601,302
2,494,790
2, .566,320
2,057,356
1,697,821
1,345,473
224,515

268,576
1,903,425
1,846,689
1,868,150
2,0X3.781
1,723,602
1,609,111
.868,382
53,000

15,878,364

12,216,716

'
'

Total for s e a s o n . . .

380,152 |

140,455 i
1,248,447
1,621,535
1,759,178 ;
1,771,012 :
1,553,436
1,643,283
1,343,248
233,734
11,326,328

.505,598
2,075,552
1,791,047
2,360,962
2,424,941
1,872,078
1,457,717
1,021,060
403,945

160,318
1,201,117
1,796,418
1,998,222
2,547,909
3,081,490
2,586,819
1,885,586 •
495,685

13,912,900

15,736,654;

221,301

8,580
38,321
28,304
20,390
20,215
18,327
24,378
19,197
16,469

0,049
30,168
20,153
20,102
20,181
19,788
17,285
26,552 !
6,881

2,059,260

2,256,128

670,447

•50,831
531,375
966,382
1,294,162
2, .533,614
2,040,774
2,493,907
. 1,869,723
316,225

259,288
2,303,369
3,027,177
2,486,990
1,698,068
993,818
1,210,850
474,441
52,990

109,000
202,988
247,542
172,365
185,221
2,353,745
2,688,924
2,454,736
376,050

12,096,993;

12,507,027

8,790,571

14,774
8,954
17,271 ,
7,314
5,271
7,105
9,550
5,398

1,296
3,659
2,973
4,050
3,856
5,537
8,199
7,825
514

1,712
12,254
7,208
4,079
6,486
3,730
3,377
7,444
240

2,412,989 ;

5,000
2,100
6,052
10,805
267,744
281,746

97,000

15,770,560

415,824
2,239,738
2,266,984
2,037,265
1,189,558
1,156,841
1.848,511
307,241
11,461,962

194.181

167,162 |

91,458 j

2
28,506
11,752
20,748
24,110
14,612
5,130
6,682
2,311

7,917
3,134
7,747
5,640 I
9,014
1,045
2,120
1,550
!

113,856

75,637

38,509

46,506

12,835
12,755
13,592
13,433
13,130
5,702
8,500
1,000

5,000
17,854
9,980
12,711
11,521
14,913
11,895
9,112
901

11,190
18,806
14,513
10,392
14,384
IS, 055
5,817
51

3,045
7,718
9,291
5,073
3,540
10,840
13,008
8,087
511

11,927
9,131
10,340
9,704
9,569
13,065
9,527
353

81,007

93,893 ;

99,208

02,313

73,685

6,551 !
65,190
57,520
07,403
61,142
63,324
68,325
71,431
17,255 |

15,405
54,352
75,816
83,190
73,400
61,659
58,814
64,669
12,449 ;

12,799
79,784
57,570
81,591
59,334
57,890
70,850
74,227
7,994 ,

23,349
86,185
67,592

38,767

SALT.

30,224
229,909
77,061
00,137
92,777
09,028
85,520
100.362
25,590

730,431

50,937
96,364
84,872
05,233
96,447
S7,317
122,416
08,010
27,741

45,999
133,883
108,208
85,982
91,3S3
107,034
110,628
21,110
25,613 ;

0,000
113,279
101,513
63,694
53,667
82,340
75,890
73,507 ,

777,208 :

0,957
|174,138
\ 84,184
69,857
113,136
56,387
99,026
114,146 :
12,600 i

Total for season..

88.078 !
1,877,973 '•'
l,649,02S .
2,121,603
2,517,603
2,796,577
3,193,378
1,517,020
9,300

15,047
13,803
15,988;
18,860
12,124
13,501
1,735 ;
400 :

Unit: Barrel.
April
May
June
July
August
September
October
November
December

2,211,050 ;

109,719
214,776
247,048
445,754
489,142
281,130
278,657
159,002
30,900

M A N U F A C T U R E D I R O N AND S T E E L .
14,554 !
52,172 i
29,452 i
34,363 j
31,791 i
15,281 I
18,610 |
22,535 i
2,546 j

28,237
57,552
49,749
47,198
37.193
42,891
57,759
52,291
7,282

51,741

10,000
202,000
271,020
300,150
341,690
177,123
376,388
329,845
51,050

S O F T COAL.

Unit: Short ton.
April
May
June
July
AUgUSt
September
October
November
December

142,864
248,263
227,200
344,462
185,387
231,030
498,505
466,135
69,143

166,155
268,947
233,764
299,555
293,800
403,510
487,569;
57,750 ;

099,337

729.8 tO

569,950

Unit: Short ton.

GENERAL MERCHANDISE.
•••]"•

April
May
Tune
July
August
September.
October
November.
December..

20,738 !
1.50,354 !
194,864
144,277
151,994 i
137,076
128,047
121,468
22,302

172,633
199,063
190,543
212,770
151,344
180,544
164,456
47,457

Total for season... j

1,367,792

1,071,120

210,758
144,046
26,055

29,200
163,813
203,873
195,973
174,217
170,797
194,387
149,413
28,434

6,776
162,899
214,169
190,487
178,521
137,132
153,433
163,529
19,930

1,263,234

1,310,107

1,226,876

48,967 !
123,189 :
154,113
147,934
205,903

Unit: Short ton.
April
May
June
July
August
September.
October...
November.
December..

807,432
3,044,017
3,257,792
3,170,555
3,226,169
2,561,564
2,243,684
1,871,042
330,236

Total for season...

20,512,491

!
|
I
!
!

Total for season...j
1

432,594

478,141 |

499,754

368,517 !
2,388,959 i
2,496,935
2,486,877
2,574,532
2,049,308
2,009,987
1,366,683
157.473
15,899,271

344,658 ;
1,673,029
2,120,314
2,252,640
2,291,544
1,961,680
2,158,415
1,750,364 j
368,418
14,921,062

648,447 !
2,540,988
2,301,295
2,969,953
2,966,589 |
2,382,601
1,965,348
1,388,251
576,329
17,739,801

258,286
1,659,058
2,371,033
2,615,457
3,126,315
3,645,021
3,123,822
2,400,665
567,756
19,767,413

101,193
2,203,202
2,167,546
2,616,098
3,046,328 i
3,245,413 !
3,772,982
2,157,751 i
84,262

575,146

19,394,775

438,673
2,747,230
3,451,409
3,126,683
2,309.833
1,46* 130
1,709,044
746,089
92,909

141,635
370,629
468,791
407,639
477,353
2,534,925
3,236,708
2,908,732
500,623

15,818,493

16.146,006

11,047,035

,
537,209
! 8,421,210
| 10,647,819
! 11,577,679
; 12,425,291 i
11,748,131;
13,000,299
I 9,419,580 :i
! 1,505,279

957,131
6,155,063
8,079,476
8,138,583
7,497,876
6,482,071
6,652,395
3,265,479
1,031,180

639,049
3,316,645
8,066,117
10,235,090
10,285,914
10,986,056
11,232,668
9,468,019
1,837,700

48,259,254

66,067,258

616,897
2,670,784
2,634,437
2,572,756
1,529,310
1,677,123
2,650,799 .
932,615 !
89,616
15,404,337

82,483
937,374
1,493,935
1,827,978
3,147,219
2,458,002
3,123,658
2,354,092
393,752

2,215,362
12,293,476
12,960,469
14,048,404
14,031,262
12,906,524
11,919,012
8,751,335
2,762,375

258,290
8,807,892
13,225,163
13,650.047
13,967,108
13,544.686
12,046,066
11,154,508
2,560,138

422,489
11.404,045
11,422.019
13,302,344
12,789,801
12,400,073
13,363,287
8,513,511
1,002,758

2.373,163
10.566,320
11,219,416
11,916,152
6,609.961
10,202,917
9,713,919
5,134,496
499,192

79,718,344 j 55,369,934 | 71,290,304

91,888,219

89,813,898

85,680,327

68,235,542 [ 79,282,496

774,520
7,488,116
8,588,081
8,830,256!
8,934,986 i
8,417,716 ;
7,740,005
4,044,368
551,886 i

!
|
!
:
:

T O T A L E A S T B O U N D AND W E S T B O U N D F R E I G H T .
1,434,735
7,348,566
8,360,832
9,719,237
10,540,781
10,979,451
11,557,851
9,168,431
2,180,420

1,905,555!
11,376,195 ;
12,113,613 i
12,278,124
11,489,442
10,910,365
10,919,274 i
7,445,177!
1,280,599 j

502,039 I

78,981
66,431
74,820
68,907
13,845

TOTAL FREIGHT—WESTBOUND.

Unit: Short ton.
April
May
June
July
August
September
October
November
December

3,915 I
50,726 :
67,266
60,540 i
54,678
50,078
52,344
78,385
14,662

Compiled from the monthly statistical reports issued by the Corps nf Engineers. U. S. A rmy, at St. Marys Falls Canal, Mich., and represent the lake commerce through
the canals at Sault Ste. Marie, Mich., and One , i. e., total traffic of both the Canadian and American canals for the months during which the canals are open.




50
VOLUME OF DOMESTIC AND INTERNATIONAL MONEY ORDERS.
Data from U. 5. Post Office Department.
' NXrMBER. ;

VALUE.

j, NUMBER, j

VALUE.

NUMBER.

I

VALUE,

ii NUMBER. \

VALUE.

DOMESTIC MONEY ORDERS.

PERIOD.
ORDERS ISSUED.

ORDERS PAID.

jj

1913

First quarter
Second quarter
Third quarter
Fourth quarter

;
j
;
<

Total

$159,563,084
159,082,283
154,674,920
191,067,498

1914
24,732,942
24,315,887
21,298,983
28,861,024

I'
j,
.
'

$064,387,785

$162,521,418
103,447,267
155,870,102
194,710,526

27,712,052
26,557,697
22,127,411
27,833,451

$167,416,205
164,749,950
153,533,708
184,082,797

27,835,649
27,216,032
22,249,780
27,891,007

$169,049,861
168,870,080
155,979,647
185,125,386

99,208,836

24,749,110
23,515,474 ;
21,636,148 !
28,830,820
98,731,552

I

$676,549,313

104,230,611

$€69,782,660

105,192,408

$079,024,974

32,375,020
32,958,220
28,085,200
37,470,204

$183, 552, 795
191, 619, 520
178,044, 935
237, 189, 705

130,888,710

$790, 406, 961

1915

First quarter...
Second quarter.
Third quarter..
Fourth quarter.

28,405,051
27,362,119
25,383,408
33,250,809

$685,112,881

1916

$102,106,879
165,525,704
155,8415,535
201,633,763

114,407,387

Total

28,574,247
27,105,008
25,339,593
33,574,688
114,593,530 !

S164,948,167
165,119,482
157,837,719
205,966,420

31,610,202
32,051,730
28,182,014
37,580,554

$182,820,528
187,870,991
177,440,057
234,071,115

$093,871,794

129,430,500

$782,209,291

I

1918

1917

First quarter...
Second quarter.
Third quarter..
Fourth quarter .

ORDERS PAID.

ORDERS ISSUED.

35,348,820
32,224,585
27,253,799
33,188,950

35,329,035
32,721,306
27,197,946
32,095,383

$210,553,392
208,907,373
195,393,067
259,250,215

31,751,749
30,491,967
29,280,000
34,430,084

$226,283,134
232,204,967
251,254,551
299,240,069

32,720,203
32,410,169
29,138,969
34,045,404

$231,393,204
235,381,003
240,500,695
299,632,541

128,016,160

$867,195,005

127,943,670

$874,104,047

125,959,800

$1,009,048,721

128,320,745

$1,012,907,443

34,793,335
34,078,500
31,846,660
40,021,160

Total.

$207,130,558
204,037,293
195,412,705
260,614,449

$280,671,046
289,375,303
290,939,628
306,121,465

34, ,561,217
34,235,938
31,927,533
39,017,957

$282,022,830
293,937,109
292,701,035
309,640,356

40,523,388
36,700,736
31,617,429
37,579,358

40,326,638
36,893,464
32,890,954
37,511,230

$348,062,421
340,197,661
322,322,969
363,000,797

147,628,286

$1,373,883,848

40,257,151
• 41,373,486
30,818,803

$300,998,370
312,028,139
294,185,320

1920

1919

First quarter
Second quarter..
Third quarter...
Fourth quarter..
Total.

140,739,655 j $1,227,107,442

140,342,645 | $1,238,961,390

$350,077,324 Ii
335,129,181
322,932.157
358,984,244

146,420,911 ; $1,367,122,906

1921

First quarter...
Second quarter.
Third quarter..
Fourth quarter.

39,312,342
36,300,726
33,156,058
39,519,074

Total

I

$331,879,061
299,290,530
280,108,690
322,010,429

148,289,400

$1,233,901,310

40,332,231
30,936,382
33,189,779
39,038,947

$334,003,337
304,930,054
280,742,877
323,044.190

40,005,170
41,394,899
30,504,280

$297,487,501
311,572,001
294,439,407

150,097,339 j $1,242,780,458
INTERNATIONAL MONEY ORDERS.

ORDERS ISSUED IN
UNITED STATES.

PERIOD.

1

ORDERS PAID AND REPAID
IN UNITED STATES.

ORDERS ISSUED IN
UNITED STATES.

First quarter
Second quarter
Third quarter
Fourth quarter
Total
First quarter
Second quarter
Third quarter
Fourth quarter
Total

653,376
572,734
536,759
858,904

887,496
811,182
554,238
619,488
2,872,404

$1,547,588
1,192,778
1,875,533
2,270,463

482,750
467,353
494,494
794.316

$7,528,278
8,252,706
8,758,960
11,770,029

288,286

$43,731,476

$3,152,499
3,121,(33
2,958,063
3,239,981
$12,472,170

80,765
58,277
67,932
81,312

$11,538,868
10,429,132
10,085,925
11,677,551

2,621,773

125,835
112,685
102,485
123,908
464,973

$20,702,564
21,851,622
25,414,926
26,275,621
$94,244,733

$6,892,302

2,238,913

$36,310,039

136,784
128,400
83,838
58,069
407,091

$3,407,492
3,447,760
2,213,300
1,402,819
$10,471,371

83,040
71,275
65,206
70,546
290,067

$1,830,009
1,715,360
1,525,076
1,345,175
$6,415,620

1918

1917
355,340
329,564
344,374
597,503

$5,950,530
5,804,658
0,269,829
9,345,323

65,122
51,123
48,384
53,052

$1,145,564
780,743
942,030
966,457

298,889
328,608
359,283
633,788

$5,217,874
5,105,937
5,880,066
9,352,606

51,953
53,236
52,461
59,940

$1,005,838
1,005,749
1,037,221
1,136,150

1,026,781

. .

Total

$27,370,340

217,681

$3,834,794

1,620,568

$25,556,483

217,590

$4,184,958

352,862
440,927
320,044
547,076

$6,509,487
7,029,802
6,076,766
8,823,829

71,709
86,719
78,190
83,714

$1,295,699
1,965,478
2,582,321
3,041,850

210,081
173,689
180,669
340,512

$4,206,455
3,685,238
4,131,586
5,584,930

55,881
44,829
53,097
45,629

$1,408,908
413,446
1,292,226
785,221

1,661,909

$29,099,884

320,332

$8,885,348

904,951

$17,608,209

199,436

$3,899,801

54,744
72,280
66,943

$944,040
1,184,663
1,069,301

1920

1919

First quarter
Second quarter
Third quarter
Fourth quarter
Total

$19,844,758 |
19,750,015
15,164,173
14,529,947
$09,289,493
1916

1915

First quarter
Secondquarter .
Third quarter
Fourth quarter

ORDERS PAID AND REPAID
IN UNITED STATES.

1914

1913
891. 561
861,704
903,403
1,294,083
3,951,411

j

. .

1921

First quarter
Second quarter
Third quarter

Fourth quarter
Total




1922

180,656
174,704
159,447
349,054

$3,583,784
3,375.452
2,849,249
4,983,831

48,204
53,972
47,195
51,589

$766,923
636,448
512,089
947,204

863,861

$14,792,316

200,960

$2,862,664

184,059
191,180
201,465

$3,009,886
3,349,873
3,961,566

61

SOURCES OF DATA.
CURRENT PUBLICATION.1

DATE OF PUBLICATION.

R E P O R T S F R O M G O V E R N M E N T D E P A R T M E N T S , F E D E R A L , STATE, AND F O R E I G N .
AUSTRALIAN COMMONWEALTH'S B u - I Price index for Australia
REAU OF C E N S U S AND STATISTICS.
BANK OF JAPAN
Price index for J a p a n
BRITISH BOARD OF T R A D E
TANADIAN DEPARTMENT OF LABOR

! Federal Reserve Bulletin

; Second week of m o n t h .

i FederaJ Reserve Bulletin

j Second week of m o n t h .

! Price index for United Kingdom

British Board of T r a d e Journal

! Price i ndex for Canada

Labour Gazette (Canadian)
i
Employment
i
Employment
!
;
Foreign trade of Canada
Operating Revenues, e t c . , of Railways * . . !
Pressreleases*..
Business Conditions.

Employment in Canadian trade unions
i Operations of Canadian employment service...
CANADIAN

DEPARTMENT OF TRADE I Foreign trade of Canada

AND COMMERCE.

j Canadian railroad operations

! ( anadian iron and steel production

FEDERAL RESERVE BANK OF ATLANTA . j Wholesale trade

FEDERAL R E S E R V E BANK OF BOSTON.; Savings deposits in First Federal Reserve • Monthly Review
1
District.
i
F E D E R A L R E S E R V E B A N K OF CHICAGO.; Savings deposits in Seventh Federal Reserve Business Conditions
!
District.
Agricultural p u m p s
Business Conditions
FEDERAL RKSKRVK BANK OF CLF.VESavings deposits in Fourth Federal Reserve | Business Review
!
LAND.
District.
!
F E D E R A L R E S E R V E BANK OF D A L L A S . . Wholesale trade
Business Conditions

Monthly.
Semimonthly.
Semimonthly
Monthly.
Monthly.
Monthly.

I Monthly.
i
Monthly.
j
; Monthly.
I Monthly.
• Monthly.

F E D E R A L R E S E R V E B A N K OF K A N S A S j Wholesale trade
i Business Conditions
Monthly.
CITY.
!
F E D E R A L R E S E R V E B A N K O F N E W | Foreign exchange r a t e s a n a index
Federal Reserve Bulletin a n d daily s t a t e - I Daily a n d m o n t h l y .
YORK.
j
j ment.*
"
!
i Savings deposits in Second Federal Reserve j Monthly Review
! Monthly.
District.
\
F E D E R A L R E S E R V E B A N K O F PHILA- j Savings deposits i n T h i r d Federal Reserve j Business a n d F i n a n c i a l Conditions
Monthly
DELPHIA.
f District.
|
!
i Wholesale trade
Business a n d Financial Conditions
; Monthly.
F E D E R A L R E S E R V E BANK O F RICH- | Savings deposits in Fifth Federal Reserve j Business and Agricultural Conditions
i Monthly.
MOND.
District.
j
J
Wholesale trade
- j Business a n d Agricultural Conditions
j Monthly.
F E D E R A L R E S E R V E B A N K O F S A N j Savings deposits in Twelfth Federal Reserve
Business Conditions
i Monthly.
FRANCISCO.
'< District.
!
! Wholesale trade
\ Business Conditions
i Monthly.
FEDERAL RESERVE BOARD.
Foreign exchange index n u m b e r s
! Federal Reserve Bulletin
| Monthly (second week of m o n t h ) .
Debits to individual accounts
i Federal Reserve Bulletin and weekly press ! S u n d a j ' newspapers and m o n t h l y .
!
: releases.*
j Condition of Federal Reserve banks
I Federal Reserve Bulleti?i and weekly press ! Friday morning newspapers and
j
releases*
i
monthly.
;
; Condition of reporting m e m b e r banks
: Federal Reserve Bulletin a n d weekly press 1 F r i d a y afternoon newspapers and
i
releases.*
|
monthly.
j Money M i d outside U. S- Treasury a n d ! Federal Reserve Bulletin
i Monthly.
Federal Reserve Systems to July 1,1922.
i
Wholesale price index n u m b e r s
Federal Reserve Bulletin
j Monthly.
;
D e p a r t m e n t store trade; i n cooperation with i Federal Reserve Bulletin
Monthly.
National Retail D r y tioods Association.
!
I n d e x n u m b e r s of d e p a r t m e n t store, mail > Federal Reserve Bulletin
j Monthly.
ordef a n d chain store trade.
Barley a n d r y e receipts
j Federal Reserve Bulletin
! Monthly.
Sales of loose leaf tobacco
• Federal Reserve Bulletin
| Monthly.
Index of ocean freight rates
Federal r e s e r v e Bulletin
; Monthly.
Index n u m b e r s of production
j Federal Reserve Bulletin
j Monthly.
FEDERAL TRADE COMMISSION.
Paper a n d wood p u l p production, prices, e t c . ; Monthly pressreleases *.
! Newsprint, 20th to 25th of t h e m o n t h ;
j other paper a n d wood p u l p , 1st of
• following m o n t h .
FRENCH MINISTRY OF LABOR AND
Price index for France
; Bulletin de la Statistlque Generate
SOCIAL WELFARE.
INDIAN DEPARTMENT OF STATISTICS..
Price index for India
| Federal Reserve Bulletin
; Second week of month.

Railway revenues and expenses

Preliminary statement of operations of M onthly.
Class I roads.
,
Telephone operating revenue and income
Not published
Telegraph operations and income
Not published
Express operations and income
Not published
Milk receipts at Boston
' Not published
i
New York State factory employment and Labor Market Bulletin and press releases *.i Monthly.
earnings.
. Annual report
j Yearly.
New York State canal traffic.

INTERSTATE COMMERCE COMMISSION..

MASSACHUSETTS
DEPARTMENT OF
PUBLIC UTILITIES.
NEW YORK STATE DEPARTMENT OF
LABOR.
N E W YORK STATE DEPARTMENT OF
PUBLIC WORKS.

PANAMA CANAL

i Panama Canal traffic

PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY.

U. S. DEPARTMENT OF AGRICULTURE—

Beef,pork, and lamb production

BUREAU OF ANIMAL INDUSTRY.

U.S. DEPA RTMENT OF AGRICULTURE—

; The Panama Canal Record.

Unemployment in Pennsylvania
!

1 Market Reporter 2
!

Prices of farm products to producer

B U R E A U O F A r, R T C U L T r R A L Wool consumption and stocks
ECONOMICS
Crop production
„

• Last weekly issue of month.

Semimonthly report *

, Semimonthly.
;

Last weekly issue of month or first
of next month.

I Monthly Crop Reporter *

: Market Reporter»
! Monthly Crop Reporter*
; releases.*
Cold-storage holdings and fish frozen
j Market Reporter *
,
Movement of cattle, hogs, and sheep
\ Market Reporter *
\ Receipts of butter, cheese, eggs and poultry...j Market Reporter *...
Production of dairy products
j Market Reporter 2
*
Car lot shipments of fruits and vegetables
Market Reporter
Farm labor, wages, supply, etc
i Monthly Crop Reporter *
World crop production
I Foreign crops and markets*
; Live stock on farms
j Market Reporter 2

Monthly.

First weekly issue of month.
and press Releases about 1st of month (cotton]
i and 10th (other crops).
Fourth weekly issue of month.
Third weekly issue of month.
Weekly.
Quarterly.
Third weekly issue of month.
j Monthly.
Weekly.
Annually.

U.S. DEPARTMENT OF A GRICULTURE— • Total lumber production from 1913 to 1920
FOREST SERVICE.
Wood pulp production, 1914 and 1916

i Production of Lumber, Lath and Shingles.: Yearly
• Pulpwood consumption and Wood-pulp. Yearly

U . S . DEPARTMENT OF COMMERCE— I Cotton ginned
BUREAU OF THE CENSUS.
! Cotton consumed and on hand

Preliminary report on ginnings *
Semimonthly during season.
! Preliminary report on cotton consumed... 15th of montn.

,

Production.

! Reports on wool machinery and on cotton 20th of month.
; spindles.*
Leather, hides and shoes, production and ! Census of hides, skins, and leather*
First week of month.
stocks.
!
i Cotton seed and cottonseed oil
j Preliminary report on cotton seed
18th of month.
! Stocks of tobacco held by manufacturers and I Statement on stocks of leaf tobacco
' Quarterly (one month after end of
; dealers.
j
quarter).
• Multigraphed or mimeographed sheets.
1 This is not necessarily the source of the figures published in the SURVEY as many of them are obtained direct from the compilers prior to publication in the respective Journals. This column and the right-hand column have been added to assist readers in obtaining current statistics between publication dates of th« STTHVIY.
» Beginning Jan. 7,1922, combined into new publication called Weather, Crops, and Markets, issued weekly.




! Active textile machinery

i

52
SOURCES OF DATA—Continued.
DATE OF PUBLICATION.

CURRENT PUBLICATION.

I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued.

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.

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

U. S. DEPARTMENT OK C O M M E R C E - i Vessels under construction and vessels comBUREAU OF NAVIGATION.
pleted,
U. S. DEPARTMENT OF C O M M E R C E - i Building material price indices
BUREAU OF STANDARDS.
Wheat flour production, prior to July, 1920...
U. S. GRAIN CORPORATION
U. S. DEPARTMENT OF THE I N T E R I O R - Refined petroleum products, production, etc.
BUREAU OF MINES.
0 . S. DEPARTMENT OF THE I N T E R I O R - Portland cement, production, etc
GEOLOGICAL SURVEY.
Coal and coke production

U . S . DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION.
U. S. DEPARTMENT OF LABOR—BU- i Wholesale prices of commodities, including
REAU OF LABOR STATISTICS.
! farm products, food, clothing, metals, etc.
!

U. S. TREASURY DEPARTMENT

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, J922
Domestic receipt" of gold at mint

U. S. TREASURY
DEPARTMENTBUREAU OF THE MINT.
U. S. TREASURY DEPARTMENT—BU- i Oleomargarine production
REAU OF INTERNAL REVENUE.
i Consumption of manufactured tobacco, snuff,

cigars, cigarettes, and oleomargarine,
i Internal Revenue taxes on specified articles . .
U.S. WAR DEPARTMENT—ENGINEER , Iron ore movement
' Sault Ste. Marie Canal traffic
CORPS.
1
U. ti. W A R DEPARTMENT—MISSISSIPPI Barge traffic on Mississippi River
WARRIOR SERVICE.
WISCONSIN INDUSTRIAL COMMISSION..

Quarterly (one month after end of
quarter).
15th of month.
i 20th
I 20th
20th
20th

of month.
of month.
of month.
of month.

Monthly Summary of Foreign Commerce. Last week of month.
(Part I . ) 1
Monthly Summary of Foreign Commerce. : Middle of next month.
(Part II.)
Various foreign sources
Yearly.
Monthly.

Wholesale Prices
Monthly Summary of Foreign Commerce.
(Part II.)
Commerce Reports

First weekly issue of month (Mondays;.

Not published
No longer published.
Refinery Statistics*.

Second week of moiith.

20th of month.
Second or third weekly issue of
month (Saturdays).
Preliminary statistics on petroleum *
Crude petroleum, production, etc
25th of month.
Production of electric power *
Electric power production
F.nd of month.
Annual figures on non-ferrous metal produc- Mineral Resources
Annually.
tion.
First week of month.
Number on pay roll—United States factories.. Industrial Survey *
Report of Activities of State and Munici- Every 4 or 5 weeks.
Employment agency operations
pal Employment Agencies.
Immigration and emigration statistics
Not published

U. S. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE.

U. S. POST OFFICE DEPARTMENT

; Monthly.

Production indexes of raw materials and ' Survey of Current "Business...
manufactures.
Fats and oils, production, consumption, and Statistics of fats and oils *
stocks.
Fabricated structural steel sales from April Press release •
1922.
Press release *
Automobile production
Press release*
Sugar statistics
Press release*
Steel castings sales
Press release *..
Steel furniture shipments
Fish catch at principal fishing ports
Monthly statement

:. 3. DEPARTMENT OF C O M M E R C E BUREAU OF THE CENSUS—Contd.

Report on Portland cement output *
Weekly report on production of coal *

Wholesale Prices of Commodities
Monthly Labor Review
Monthly Labor Review
Monthly Labor Review
Postal savings News Bulletin
Statement of Postal Receipts *
Daily Statement of the U . S . Treasury
Federal Reserve Bulletin
Not published

Monthly.
Monthly.
Monthly.
12tti of month.
7th of month.
Last day of month.
Monthly.

Not published
Statement of tax-paid products *

First week of month.

Classified collections of Internal Revenue. 25th of month.
Monthly during season.
Monthly statistical report
Monthly during season.
Monthly statistical report
Not published

Wisconsin factory earnings and employment..' Bulletin on Wisconsin labor market * . . . . .

i5th « f month.
>

I I . - REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS(Excluding individual firms reporting data to be combined with other firms or trade associations.)
A BERTH AW CONSTRUCTION CO
ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE.
AMERICAN MANUFACTURERS ASSOCIATION OF PRODUCTS FROM CORN.
AMERICAN BUREAU o r METAL STATISTICS.

Building costs

Construction trade papers.

Sales of abrasive paper and cloth
Corn ground into starch, glucose, etc

Copper production
Silver production
Zinc production in Belgium
AMERICAN FACB BRICK ASSOCIATION. Zinc stocks in United Kingdom
AMERICAN IRON AND STEEL INSTITUTE. Face brick ,production, stocks, etc
„..
AMERICAN PIG IRON ASSOCIATION
jSteel ingot pig iron production, etc.
Merchant production.
AMERICAN

RAILWAY

ASSOCIATION ' Freight car surplus.

(Car Service Division).
Freight car shortage..
Car loadings
Bad-order cars
Stockholders in the company..

AMERICAN TELEPHONE AND TELEGRAPH Co.
AMERICAN WALNUT MANUFACTURERS' Walnut lumber and logs
ASSOCIATION.
AMERICAN WRITING PAPER COMPANY. Purchases and sales of paper..

| N ot published
Not published
Not published
Not published
Not published
Not published
Not published
Press release to trade papers *
7th of month.
Not published
Summary of Car Surplusages and Short- Weekly.
ages.*
\
Summary of Car Surplusages and Short- Weekly.
ages.*
Information Bulletin *
Weekly.
Information Bulletin *
Third week of month
Financial papers
; Quarterly.
Not published.
Not published

,

AMERICAN ZINC INSTITUTE

Production and stocks of zinc.

Press release to trade papers *

ANTHRACITE BUREAU OF INFORMATION

Anthracite shipments and stocks..

Statement of anthracite shipments *

j 15th of month.

ASSOCIATION OF LIFE INSURANCE
PRESIDENTS.
BOSTON CHAMBER OF COMMERCE

Not published

|

Receipts of wool at Boston

Trade papers

j Daily.

,

Fabricated structural steel sale? before April,
1922.
Number of tons carried 1 mile
Average receipts per ton-mile
Passengers carried 1 mile
Railway employment
Locomotives in bad order
,
* Multigraphed or mimeographed iheets.

BRIDGE BUILDERS AND STRUCTURAL
SOCIETY.
BUREAU OF RAILWAY ECONOMICS




New life insurance business

15th of month.

No longer published
Summary of operating statistics
Monthly.
Not published
Summary of operating statistics
Monthly.
Not published
Not published
1
Imports and exports ot gold and siJver in Part II.

53
SOURCES OF DATA—Continued.
DATE OF PUBLICATION.

CURRENT PUBLICATION.

I I . - R E P O R T S FROM TRADE ASSOCIATIONS AND PRIVATE OBGANIZATIONS-Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
CALIFORNIA REDWOOD ASSOCIATION... Redwood lumber production, etc

Not published.

CALIFORNIA WHITE AND SUGAR PINE

Sugar pine lumber production, etc..

Not published.

CHICAGO BOARD OF TRADE

Wheat, corn and oats, receipts, etc..

Tradei papers...

CONTAINER CLUB

Production of paper box board

ASSOCIATION-

CREDIT CLEARING HOUSE

; Credit conditions

DAIRYMEN'S LEAGUE COOPERATIVE I Milk deliveries to milk plants
ASSOCIATION, INC.

F. W. DODGE CO

Building statistics—Contract? awarded

ENAMELED SANITARY MANUFACTURERS Enameled sanitary ware
ASSOCIATION.

:

I Daily.

Not published..
Credit
Not published.

Weekly.

Statement on Building Statistics

Monthly.

Not published
Second week of month

Trade papers

FEDERATION OF IRON AND STEEL ! British iron and steel production
MANUFACTURERS (British).
;
FINE COTTON GOODS E XCHANGE
Fine cotton goods production and sales

Trade papers

ILLUMINATING GLASSWARE GUILD

Not published

I Illuminating glassware production, orders, etc

JACKSONVILLE CHAMBER OF COMMERCE Turpentine and rosin receipts

Naval Stores Review

Weekly.

KNIT

Moathly report •

Monthly.

GOODS

MANUFACTURERS

OF ! Knit underwear production, etc

AMERICA .

j

Monthly report t not published)

BELTING EXCHANGE
Sales of leather belting
MAPLE FLOORING MANUFACTURERS' ' Maple flooring production, e t c .

Not published

ASSOCIATION.
S
MCLEAN BUILDING REPORTS, L T D . . . ; Canadian building contracts

Canadian Building Review

i Monthly.

Receipts and shipments at St. Louis.
Not published
N ot published

i 3d month.

MERCHANTS' EXCHANGE OF ST LOUIS \ Receipt* and shipojents of lead and zinc
! Mississippi River traffic
MICHIGAN HARDWOOD MANUFACTCR- ! Hardwood and softwood lumber, production
ERS" ASSOCIATION.
, and shipments.
MINNEAPOLIS CHAMBER OF COMMERCE . | Linseed oil and oil-cake shipments

Monthly statements.

NATIONAL ASSOCIATION OF BRASS • Brass stop cocks, orders and shipments

Not published

MANUFACTURERS.

NATIONAL ASSOCIATION O ? CORRU- I Production of paper-box board
GATED AND FIBER BOX MANUFAC- ,
TURERS.
i
NATIONAL ASSOCIATION OF FARM j Agricultural pumps
EQUIPMENT MANUFACTURERS.
I

NATIONAL ASSOCIATION OF STEEL j Steel furniture shipments
FURNITURE MANUFACTURERS.

'

NATIONAL ASSOCIATION OF SHEET AND I Sheet-metal production and stocks
TIN PLATE MANUFACTURERS.

NATIONAL

ASSOCIATION

j

OF WOOL | 19i3 figures for active textile machinery

MANUFACTURERS.

j

NATIONAL AUTOMOBILE CHAMBER OF | Production and shipments of passenger cars
COMMERCE.
j and trucks.
NATIONAL BOTTLE MANUFACTURERS' ! Glass bottle production index
ASSOCIATION.
NATIONAL INDUSTRIAL CONFERENCE
BOARD=
NATIONAL RETAIL DRY GOODS ASSOCIATION.
NATIONAL WOOD CHEMICAL ASSOCIA.
TION.
I

NEW ORLEANS BOARD OF TRADE

Cost of living

Business conditions (Chicago Federal ! Monthly.
Reserve).
I
Not published
•
Not published
No longer published

!
j
!

Traffic bulletin * (production figures not j Second week of month.
published).
i
Not published
Monthly press release

Department store trade (see Federal Reserve Federal Reserve Bulletin
Board).
Production of wood alcohol and acetate of lime. Not published

' Rice distribution through New Orleans
Cotton receipts into sight

NEW ORLEANS COTTON EXCHANGE

Not published

21st of month.
Monthly.

Monthly report

First week of month.

Monthly report

First week of month.

NEWS PRINT SERVICE BUREAU

Canadian newsprint production, etc..

Monthly bulletin

N E W YORK COFFEE AND SUGAR E X CHANGE.
N E W YORK METAL EXCHANGE

Coffee receipts, stocks, etc

Monthly statement

First week of month.

Stocks of tin

Trade papers

First week of month.

NORTH CAROLINA PINE ASSOCIATION..

North Carolina pine, production, etc

Not published

NORTHERN HEMLOCK AND HARDWOOD
MANUFACTURERS' ASSOCIATION.
NORTHERN
P I N E MANUFACTURERS'
ASSOCIATION.
OAK
FLOORING
MANUFACTURERS'
ASSOCIATION.

Hemlock and hardwood lumber production, Not published
etc.
Northern pine lumber and lath
Not published
Oak flooring, production, etc

Not published

OHIO FOUNDRYMEN'S ASSOCIATION...! Ohio foundry iron production.

Monthly report • (not published; -

OPTICAL MANUFACTURERS' ABSOCIA- | Spectacle frames and mountings, sales, etc

Not published

TION.

!

Financial papers

Quarterly.

PENSACOLA CHAMBER OF COMMERCE . • Turpentine and rosin receipts

Naval Stores Review

Weekly.

Not published

PENNSYLVANIA RAILROAD CO

j Stockholders in the company

PHILADELPHIA MILK EXCHANGE

! Milk receipts at Philadelphia

PORTLAND CEMENT ASSOCIATION

• Cement paving contracts

Concrete Highway Magazine

PULLMAN COMPANY

< Pullman passenger traffic

Not published

i

REFRACTORIES MANUFACTURERS' AS- j Fire-clay brick production, etc
SOCIATION.
i Silica brick production, etc
RICE MILLERS' ASSOCIATION
! Rice receipts, stocks, etc

Not published..
Not pubushed..
Monthly report.

ROPE PAPER SACK MANUFACTURERS' \ Shipments of rope paper sacks

Monthly.

Not published..

ASSOCIATION.

RUBBER ASSOCIATION OF AMERICA
SANITARY POTTERS' ASSOCIATION
SAVANNAH BOARD OF TRADE
SAVINGS BANKS ASSOCIATION OP STATE
o» N E W YORK.

;

! Automobile tires, tubes, and raw material
\ Sanitary pottery orders
j Turpentine and rosin receipts
| Savings banks deposits in New York State
j

SILK ASSOCIATION OF AMERICA
| Raw silk consumption, e t c . . . . . y
• Multigraphed or mimeographed sheets.




Monthly reports (not published).
Not published
Nival Stores Review
Not published

Weekly

Monthly press release to trade papers * . . . 5th of month.

54
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 PINE ASSOCIATION
STEEL
BARREL
MANUFACTURERS'

AssoruTioN.

STEEL FOUNDERS' SOCIETY
STOKER MANUFACTURERS' ASSOCIATION
STRUCTURAL STEEL SOCIETY
TANNERY COUNCIL
TWIN CITY MILK PRODUCERS' ASSOCIATION.
U. S. STEEL CORPORATION

UNITED TYPOTHETAK or AMERICA
WEST COAST LUMBERMEN'S ASSOCIATION.
WEBBING
MANUFACTURERS'
EXCHANGE.
WESTERN
PINE
MANUFACTURERS'
ASSOCIATION.

Yellow pine production and stocks
Steel barrel shipments
Sales of steel castings
Sales of stokers
Sales of fabricated structural *<teel
l a t h e r production through May, 1922
Milk production, Minnesota

N ot published in form used
Monthly reports * (not published j
Not published
Not published
Not published
Not published
Not publlshed

Unfilled orders
Earnings
Stockholders
Wages of common labor
Printing activity

Press release *
Press release *
Financial papers
Special reports •
Typothetae Bulletin

Douglas fir lumber production, etc

Not published

Sales of elastic webbing

Not published

Western pine lumber production, etc

Not published

10th of month.
Monthly.
Quarterly.
Occasionally.
Monthly.

DATE OF PUBLICATION.

ID.—REPORTS FROM TECHNICAL PERIODICALS
AMERICAN METAL MARKET.

Composite pig iron and steel prices

THE

ANNALIST

THE

BOND BUYER.

New York stock sales
New York closing stock prices
Foreign exchange rates, 1914 to 1918
State and municipal bond issues
Muncipal bond yields
Visible supply or wheat and corn
Bank clearings, United States and Canada
Price index
Business failures, Canada
Price index for France

BRADSTREET'S

BULLETIN DE LA STATISTIQUE GENERALE

First or second week cf month (daily).
.. First weekly issue of month (Mondays).
Weekly (Monday^.
Weekly (Mondays).
First weekly issue of month (Saturdays).
First, weekly issi*e of month (Saturdays).
Weekly t Saturdays).
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays)
First weekly issue of month (Saturdays).
Monthly.

CHEMICAL AND METALLURGICAL ENGINEERING

Chemical price index

Weekly (Wednesdays).

COAL AGE

Mine pnee of bituminous coal

Weekly (Thursdays).

COMMERCIAL AND FINANCIAL CHRONICLE

Dow, JONES <e Co. (WALL STREET JOURNAL)
f
DUN'S REVIEW
ENGINEERING AND MINING JOURNAL-PRESS
ENGINEERING NEWS RECORD

: Cotton (visible supply)
Interest rates
Mailorder and chain store sales
; New York bond sales
: New York bond prices
I Mexican petroleum shipments
! Business failures
! Priceindex
j Rand gold production
j Silver prices
Construction cost and volume index

Weekly (Saturdays).
Weekly (Saturdays).
Second or third weeklv issue of month (Saturdyas*.
P'irst week of month (daily).
First week of month (daily).
20th of month (daily).
First weekly issue of month (Saturdays).
First weekly is^ne of month (Saturdays).
Second weekly issue of month {Saturdays).
Second weekly issue of mouth (Saturdays).
First weekly Issue of m o n h .

FINANCIAL POST

Canadian bond issues

FRANKFURTER ZEITUNG

Price index for Germany

Monthly.

Hay receipts

Weekly (Fridays).

HAY TRADE JOURNAL

,

LONDON ECONOMIST

! Pig-iron production
j Composite finished steel price
! Iron and steel prices
I Railway freight car orders
I Price index for United Kingdom

LUMBER

Weekly (Thursdays)

! Price indices of lumber

IRON AGE
IRON TRADE REVIEW

First weekly issue of mouth (Thursdays).
Weekly (Thursdays).
Weekly (Thursdays).
First weekly issue of month (Thursdays).
10th of month.
First weekly issue of month (Fridays.)

MILK REPORTER

Milk receipts at Greater New York

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

NEW

YORK JOURNAL OF COMMERCE

NEW

YORK EVENING POST.

Dividend and interest payments
New capital issues
New corporations
Fire losses..
Newspaper advertising

PRINTERS' INK

Weekly.

•.

Flaxseed, receipts, etc
Argentine grain shipments
Wheat flour production for 1917
Price indices of drugs, oils, etc
Argentine shipments and supply of
Mexican petroleum shipments
Magazine advertising

NORTHWESTERN MILLER
OIL,

PAINT, AND DRUG REPORTER . . .

OIL TRADE JOURNAL

First week of month (daily).
First week of month (daily).
First week of month (daily).
10th of month (daily).
Not published.

flaxseed

Weekly (Wednesdays).
j Weekly (Wednesdays).
•
! Weekly (Mondays).
Weekly (Mondays).
10th of month (monthly)
Second week of month.

RUSSELL'S COMMERCIAL N E W S

Wheat flour production, from July, 1920

STATISTICAL SUGAR TRADE JOURNAL.

Sugar ttocki, receipt*, meltings, and Cuban statistic!...j Weekly (Fridays).

SVSNIK HANDELSTIDNINQ

Price index for Sweden.




j Weekly compilation (dally).

;