Full text of Survey of Current Business : March 1923
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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 ; i 0 CO 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 \ i \ 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 \ \ i %f y I i V I I l I # • n ^#' l I 100 " 100 80 75 60 50 40 ; C •A 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). ;