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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
BUSINESS
MARCH, 1929
No, 91

IMPORTANT NOTICE
In addition to figures given fromGovernment sources, Mere are also incorporated far completeness of
service figures from other sources generally accepted by the trades, the authority and responsibility for
which are fiot^d in the "Sources of Data" bn pages 139-142 of the February, 1929, semiannual issue\




U. S. G O V E R N M E N T PR1MTIN* OFFICSr 19t»

INTRODUCTION
The SURVEY, OF CURRENT BUSINESS is designed to
present each month a picture of the business situation
by,-setting forth the principal facts regarding the various lines of trade and industry. The figures reported
ai-e very largely those already In existence. The
chief function of the department is to bring together
these data which* if available at all, are scattered
in hundreds of different publications. A portion of
these data are collected by Government departments,
other figures are compiled by technical journals, and
still others are reported by trade associations.
At semiannual intervals detailed tables > are published giving, for each item, monthly figures for the
past two years and yearly comparisons, where available, back to l9l3; also plank lines sufficient for six
months have been.l&ft at the bottom of each table,
enabling those >vho care to do so to enter new figures
as soon as they appear (see February, 1929, is£ue). In
the intervening months the, more important cdmp&risons only are given in the table entitled '* Trend of
business movements."
^
1

WEEKLY SUPPLEMENT !
/ ' ' * '
•
"
Realizing that current statistics are highly perish>ie atnd that to be of use tkey must reach the business
man at tte earliest possible moment, the clepartment
has arranged to distribute supplement^ every week to
subscribers in the United States, £he supplements are
usually mailed op Saturdays and ^ive such information
as tyas been received during the week ending on the
preceding Tuesdav* The monthly information contain^! in these bulletins is republishe|d in the SURVEY,
and the supplements also contain charts and tables
of Weekly data.
RELATIVE AND IND]EX NUMpfeRS

To facilitate comparison between different important items and to chart series expressed in different
units, relative numbers (often called "index, numbers," a term referring mote particularly to a special
kind of number described below) have been calculated. The monthly average for 1923-1925 has
usually be&n u^ed as a bask ecpial to 100.
Th0 relative'number are computed by allowing the
monthly average for tlie base y6ar or period to eqiual
.( 100<; M t|ie movement lo^ ^current month is greater
than'the bask, the relative nujnber will be greater th^n
100, and vice versa. The difference between 100 and
the relatiy^ number will give: at once the per cent
increase; or decrease compared with the base period.
Thus a relative number of 11,6 paeans an increase of 1^
per cerlt over the base period, while a relative number
of 80 meins a decrease of 20 per cent from th6 base.
Relative numbers may also be tised to calculate the
approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative
Dumber at/one nqtoiith is 1?0 and for a later montfy it
ifc 144 there has been an increase of 20 per cent.
, When two or more series of rel&tiye numbers are
combined d*y a ^syst^m of weightings, the resulting
series is denominated an indtex number. The index,
number, by combining; many relative numbers, is

designed to show the trend of ah entire group of
industries or for the country as a whole, instead of for
the single commodity or industry \^hich the relative
number covers. v Comparisons witti the base year or
with other periods are made in the s&me ma,nner as in
the case of relative numbers. ,
RATIO CHARTS
In most instances, the charts Used in the SURVEY
OF CURRENT BUSINESS are of the, type termed "Ratio
Charts" (logarithmic scale), notably the Business
Indicator charts on, page 2. These charts show the
percentage increase and allow direct comparisons
between the slope of One curve and that of any other
curve regardless of its location on:the diagram; that
is, a 10 per cent increase in an iterb. is given the same
vertical movement whether its curve is near the bottom or near the top of the ctiart. The difference
between this and the ordinary arithmetic form of
chart can be inade elea,r by an example. If a certain
item having a relative number of 400 in one month
increases 10 per cent in the following month, its
relative number will be 440, arid on an ordinary
chart would be plotted 40 equidistant sc^ale points
higlpr than the preceding months. Another movement with a relative Dumber pf, say, 50 also increases
10 per cent, making its relative number 55. On th&
ordinary, (Arithmetic) scale this item wOuld rise[ Only £
equidistant points, whereas the previous item rose 40
points, 3ret,each showed thfe same percentage increase.
The ratio charts avoid difficulty and give to each
of the two movenients exactly the ^ain^ vertical rise,
and hence the slopes of the two li^es a,re directly
comparable. TJie ratio charts compare percentage
changes, while the arithmetic charts compare absolute
changes.
J
RECORD
As an aid to readers in comparing present data
with montl^y statistics in previous year3, the department is compiling a RECORD BOOK^ OF BUSINESS
STATISTICS, in whicty diata now parried In the SURVEY
OF CURRENT BUSINESS are shown by months as far
back as 1909, if available: Full descriptions of the
figures #nd reports of how the data are tised in actual
practice by business firms are contained in the RECORD
BOOK. The sections covering textiles and metals have
already been issued and may be obtained for 10 cents
per copy from the Superintendent of Documents, Gov*cirnment Printing Office, Washington,, D. C. (Do not
send stamps.) Notices of other sections ]wili be given
in the SURVEY as they are issued.
METHODS OF tJSE
\ Methods of using and interpreting current business
statistics have been collected by the department
from many business concerns, and are; described in a
booklet entitled "How to tFse Current Business
Statistics/' together with methods of .collecting statistics. This booklet may be obtained from the
Superintendent of Documents, GoveTnipabnt,Printing
Office, Washington, D. C^, &t 15 cents per copy. (Do
not send stamps.)
\

This issue presents practically complete data for the month of January and contains text covering the early weeks
of February (page 1], for which the basic figures In table and chart form are presented regularly in the weekly supplements.
As most data covering a particular month's business are not available until from 15 to 30 days after the close of the month,
a complete picture of that month's operations can not be presented at an early date, but the weekly, supplements give
every week th$ latest data available.


SURVEY OF
CURRENT BUSINESS
P U B L I S H E D BY

U N I T E D STATES D E P A R T M E N T OF

COMMERCE

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year; single copies (monthly), 10 cents, semiannual issues, 25 cents.
Foreign subscriptions, 32.25; single copies (monthly issues), including postage, 14 cents; semiannual issues, 36 cents. Subscription
price of COMMERCE REPORTS is $4 a year; with the SURVEY, 35.50 a year. Make remittances only to Superintendent of Documents,
Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign
money not accepted

No. 91

March, 1929

WASHINGTON

CONTENTS
SUMMARIES

INDEX BY SUBJECTS

Preliminary summary for February
Business conditions in January
Monthly business indicators (table and chart)
Wholesale prices (table and charts)
Indexes of business
Automobiles, building, mining, manufacturing (charts) _
Electric power, transportation (charts)

Page
1
4

2,3
6,7
15
8

NEW DETAILED TABLES

Fabricated structural steel
Steel castings
Steel boilers
Malleable castings
Census of manufactures, 1927
Agricultural machinery

_

18
19
20
20
21
21

Table
page

9
10
11
11
11

22
24
28
27,29

12
12
12
13
14
5
14
14
14

30
30
31
32
34
34
36,39
40
42
43
44
46

PRELIMINARY SUMMARY FOR FEBRUARY
The volume of money turnover during the early weeks
of February, as indicated by check payments, was
greater than in the corresponding period of the previous
year. Industrial activity, as reflected by steel-plant
operations, was greater than in either the previous
month or January, 1928. Activity in automobile factories, as indicated by Detroit employment, showed expansion over both the preceding month and the same
month of last year. The volume of new building
contracts awarded during February was lower than in
either the preceding month or February, 1928. Bituminous coal output was higher in February than in either
the previous month or the same month of last year. The
production of lumber showed declines from both periods.
Loans and discounts of Federal reserve member
banks at the end of February were somewhat higher
than at the end of the preceding month, showing a gain
also over a year ago. Interest rates on call money
showed practically no change from the previous month,
but were higher than a year ago. Time-money rates
Digitized averaged lower than in January, but were higher than in
for FRASER
http://fraser.stlouisfed.org/
37164—29
1
Federal Reserve Bank of St. Louis

Textiles
Metals and metal products
Fuels
Automobiles and rubber
Hides and leather
Paper and printing
Building construction and housing __
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs and tobacco
__
Transportation and public utilities -Employment and wages
Distribution movement (trade, etc.)Banking, finance, and insurance
Foreign exchange and trade

Text
page

February, 1928. Stock prices reached a new high point
during the month and on the whole averaged higher than
in the previous month or February of last year. Prices
for bonds averaged lower than in either prior period, reflecting higher interest rates. Brokers' loans reached a
new high point during February but declined toward the
close of the month. On the whole, brokers' loans were
higher, however, than in the preceding month or February of last year. The Federal reserve ratio at the end
of the month was higher than at the end of the preceding month but showed a decline from a year ago.
The primary distribution of goods, as indicated by
carloadings, was greater than in either the previous
month or the corresponding period a year ago. The
general index of wholesale prices showed practically no
change from the previous month but was higher than a
year ago. Prices for wheat averaged higher than in January but were lower than a year ago. Prices for cotton
and iron and steel showed practically no change from the
level which prevailed in January but reflected gains over a
year ago.
(1)

MONTHLY BUSINESS INDICATORS, 1923-1928
[Ratio charts-see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses, and 10-cent chains, and department
stores have been adjusted for normal seasonal variations, and manufacturing production for the varying number of working days in the month as well]

1923 I 1924 I 1925 I 1926 I 1927 | J928 J




1923 I J924 I. 1925 I J926 I J92t I 1928

1923

1924

1925

1926

MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 19251
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
as noted below. In this manner a more understanding month-to-month comparison may be made.
MONTHLY AVERAGE
1923

ITEM

mi

1925

1926

1937

1927
1928 Dec.

1929

1928

Jan. Feb Mar Apr. May

June July Aug.

Sept

Oct. 1Nov. Dec.

Jan.

1993-1925 monthly a?erage=100
Industrial production:
* Total manufacturing
* Total minerals.
_
Pig iron
Steel ingots
Automobiles
Cement
Lumber (5 species)
Cotton (consumption)
Wool (consumption)
Raw material output:
Animal products.
Crops
Forest products
Crude petroleum
Bituminous coal
Copper

_

.

Power and construction :
Electric power
Building contracts (37 States)

101.0
105.0
111 7
104.8
101.7
92.1
98.6
105.9
112 8

94.0
96.0
86.7
88.7
90.8
99.8
96.2
89,7
94.6

105.0
99.0
101.5
106.4
107.5
108.1
105.2
104.4
92.6

108.0
107.0
109.0
113. 1
108.4
110.0
101.5
108.5
89.7

106. C
107.0
101.0
104.6
85.7
116.3
94.9
120.2
97.0

111.0 99.0 107.0
106.0 103.0 103.0
105.5 90.2 96,1
120.2 91.9 115.4
109.8 40.4 70.1
118.0 96.5 78.6
82.9 75.8
106.8 105.0 114.2
94.7 88.0 95,2

111.0
103.0
97.1
117.0
97.9
70.8
86.7
111.6
102.0

110.0
105.0
107.1
130.4
125.0
82.3
96.3
113.3
98.7

110.0
103.0
106.6
124.5
124.0
108.4
98.4
102.3
82.0

100.0 104.0 96.0 96.0 97.0 99.0 88.0 96.0 94.0 97.0 95.0
92.0 104.0 104.0 109.0 113.0 119.0 120.0 98.0 81.0 77.0 81.0
99.0 97.0 104.0 98.0 93.0 88.2 86.0 81.0 87.0 96.0 96.0
99 4 96.9 103.7 104.6 122.3 122.2 122.1 117.8 110.9 122.2 117.5
108.0 92.5 99.5 109 7 99.0 94.3 94.4 101.5 94.9 100.9 73 9
93.4 100.2 106.4 110.2 104.9 114.9 101.9 103.8 102.2 106.6 105.7

92.5
89.7

110.0
105.0
109.9
121.6
128.8
139.3
101.2
112.5
92.7

110.0
99.0
103.1
108.3
120.0
140.8
97.4
99.5
87.1

111.0
101.0
102.8
110.3
118.6
140.6
92.7
85.7
80.4

113.0
105.0
105.0
120.9
139.5
150.9
90.4
102.6
95.2

116.0
108.0
102.5
120.0
125.6
143.9
79.1
95.9
91.8

114. C 111.0
114.0 113.0
112.9 110.5
134.5 123.2
120.1 77.7
141.1 124.5

113.0
112.0
112.8
116.3
70.7
98.1

117.0
118.0
115.2
129.9
121.6
78.7

120.6 119.0 104.1 130.2
108 6 105.7 96.8 114.0

108.0 116.0 108.0 97.0 92.0 102.0 93.0 92.0
72.0 52.0 87.0 114.0 178.0 251.0 179.0 152.0
101.0 97.0 88.0 90.0 78.0 84.0 84.0 76.0
122.5 118.1 122.9 126.8 124.5 129.5 123.8 129.4
84.1 82.6 83.3 94.4 94.8 115.6 105.7 99.6
111.8 111.0 111.3 116.7 118.8 131.1 129.5 129.8

96.0
114.0
84.0
133.5
118.1
131.4

98.1 109.6 122.6 133.3 146.0 143.8 144.9 137.0 144.5 136.7 142.2 139.8 142.4 149.8 145.2 158.0 154.6 157.7 163.9
92.7 117.6 111.0 106.8 121.4 95.2 96.0 103.7 132.7 142.4 143.5 142.2 123.7 118.8 114.2 129.1 111.1 98.2 88.6

Unfilled orders:
General index
U. 8. Steel Corporation

121.7
125.8

Stocks:
General index
Manfd. commodities (28)
Cotton
Copper (refined)

94.5 102.0 103.5 114.6 120.8 122.7 133.3 128.7 129.9 126.8 122.4 116.3 108.3 105.0 107.5 116.0 132.9 138.4 141.3 137.2
93.8 103.2 103.0 106.3 127.0 116.7 111.6 114.7 120.0 120.2 118.5 120.2 117.3 118.3 115.4 111.3 110. 7 113.7 119.7 124.0
102.5 91.4 106.2 145.5 163.1 123.8 195.9 178.8 159.1 135.8 117.7 95.5 74.7 58.6 52.4 89.5 155.1 181.4 187.7 169.8
106.4 113.9 73.1 64.8 85.4 58.4 84.2 85.2 76.8 77.1 64.4 58.6 52.0 48.5 48.4 45.8 40.3 46.1 57.8 55.4

Employment:
Factories

106.6

96.3

97.8
99.9
97.6
98.1

97.1
97.4
97.6
99.9

.

Prices:
Farm products, to producers
Wholesale, all commodities .
Retail food
Cost of living (including food)

87.0
83.6

91.3
90.6

87.2

84.6
82.1

98.0

91.2 96.7
101.0 98.0
98.0 99.0
92.0 98.0
88.0 99.0
97.8 93.1
91.6 100.8

Transportation :
* Car loadings
Freight, net ton-miles

99.8
102.2

Finance:
Member bank loans and discounts
Interest rate (commercial paper) .
Federal reserve ratio
.
Price, corporation bonds
Price, railroad stocks
Price, industrial stocks
Failures (liabilities)

94.1 98.5 107.4 112.9
116.2 90.0 93.5 100.9
99.0 104.1 96.9 96.0
96.4 99.9 103.6 108.0
86.0 96.1 117.9 133.4
86.1 91.9 122.0 132.4
106.0 106.8 87.2 80.4




94.3

76.2
80.7

91.9

71.5
83.2

90.7

81.2
89.5

89.8

81.6
92.1

91.2

81.4
90.8

91.8

76.8
81.1

91.4

73.9
71.6

91.2

75.2
76.2

91.3

77.1
74.8

90.3

74.7
75.9

91.7

74.7
77.4

93.1

71.5 72.7
78.6 76.9

93.9 93.5

71.0
83.3

93.6

79.0
86.1

93.4

106.5 98.6 94.9 100.7 99.3 99.3 97.8 99.3 101.4 107.2 105.1 105.1 100.7 102.2 99 3 97.1 97.1 96.4
102.8 99.3 94.7 97.0 96.1 95.6 95.7 95.3 96.7 97.9 96.9 97.6 98.2 99.4 97.1 96.0 96.0 96.5
104.9 107.6 103.6 102.9 104.2 103.6 101.3 101.2 101.6 102.8 102.0 102.1 103.0 105.4 104.8 105.1 104.1 103. 3
102.3 102.3 99.9 98.7 99.9 99.2 98.4 98.1 97.9 98.4 98.0 S8.0 98.0 99.3 99.3 99.3 98.7 98.0

Distribution (values):
Bank debits, 141 cities
Wholesale trade..
Department stores, sales
Mail-order houses, sales
10-cent chains, sales ..
Imports.. ...
Exports

• Seasonal adjustments.

74.0
71.1

158.2
94.1
108.0
137.0
150.0
105.5
112.6

136.9
95.3
111.0
128.0
147.0
102.5
107.4

97.6 102.8 106.8 105.1 104.7
95.9 101.9 109.1 106.0 106.5

96.8
92.7

111.9
101.0
103.0
110.0
113.0
109.0
107.8

119.6
98.0
106.0
115.0
125.0
114.3
105.5

132.5
95.0
106.0
120.0
138.0
108.0
106.8

117.3
95.4
99.1
112.5
162.7
171.4
102.2

126.8
112.8
89.1
113.0
174.5
214.8
95.6

123.2
92.8
86.5
115.6
171.1
193.7
120.3

142.1
96.3
105.0
113.0
140.0
104.6
108.2

149.6
99.1
105.0
116.0
142.0
108.7
97.8

164.8
95.6
105.0
113.0
142.0
117.8
110.8

98.0 101.8 129.0
97.2 95.7 105.8
121.9
92.8
95.5
116.9
169.1
193.5
112.3

120.9
92.8
96.0
115.8
164.7
191.2
106.3

123.3
95.8
95.6
115.7
170.1
204.8
129.3

161.8
91.6
103.0
117.0
147.0
106.9
95.9

168.8
98.7
104.0
132.0
144.0
109.6
111.1

165.4
92.5
104.0
144.0
153.0
98.2
102.3

140.4
94.2
108.0
153.0
148.0
98.4
99.8

149.9
100.6
106.0
160.0
144.0
107.3
100.1

156.9
96.4
120.0
154.0
165.0
99.0
111.1

161.0 165.1
97.4 100.0
105.0 107. 0
140.0 141.0
148.0 151.0
110.0 101.1
145.1 143.5

172.3
94.9
117.0
165.0
163. 6
105.0
125.3

187.2
101.3
107.0
136.0
145.8
114.1
129.3

83.0 106.4 127.0 82.0 102.9 132.4 85.2 105.8 102.4 101.5
96.1 105.2 100.0 105.0 113.6 117.3 129.2 124.6 88.4
127.3
101.6
90.9
116.0
176.0
210.4
82.5

126.9
104.4
89.2
115.0
178.9
213.6
85.2

128.4
113.2
84.7
112.3
169.6
202.1
70.3

126.6
119.0
88.9
110.9
170.3
206.1
69.8

125.6
124.8
90.0
109.8
173.8
213.4
137.3

127.3
130.6
86.5
111.0
178.5
226.9
80.1

128.3 129.8
127.6 124.8
87,0 84.5
111.3 112.0
176.4 186.0
234.5 252.6
82.5 95.8

135.4
124. 8
80.2
110.7
180.3
229.0
96.2

128.7
124.8
89.9
189.3
275.0
127.1

BUSINESS CONDITIONS IN JANUARY
The index of manufacturing production for January,
allowing for seasonal conditions, showed a gain over
the previous month and January last year. The
principal gains over a year ago occurred in the output
in automobiles, rubber tires, and iron and steel.
Mineral production, after adjustment for seasonal conditions, also showed gains over the previous month
and January of last year.
COMMODITY STOCKS

Stocks of commodities held at the end of January
were lower than at the end of the preceding month,
but were higher than a year ago. Contrasted with a

tribution of goods, as indicated by car loadings, was
greater than a year ago.
Wholesale trade showed larger volume than in either
the preceding month or the corresponding month of
1928. All lines of wholesale business showed gains
as compared with December except hardware and
furniture, which declined. Wholesale trade was
greater in all lines than in January, 1928, except dry
goods and men's clothing, which declined, and hardware, which showed no change.
Sales by department stores showed gains over both
the preceding month and January of last year. Merchandise stocks, held by department stores at the end

PRODUCTION STOCKS AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1923-1925 monthly average=100. Adjustment has been made for the seasonal movement and relative number of working days for production. Unfilled orders are
principally those of iron, steel, building materials, and textiles. January, 1929, is the latest month plotted]

1923

1924

1925

year ago, stocks of textiles, lumber, and chemicals and
oils, among the manufactured commodities, declined.
SALES

The general index of unfilled orders showed a substantial gain over the preceding month, but was lower
than a year ago. All groups entering into the index
showed larger forward business than at the end of the
preceding month. With the exception of textiles, all
groups showed declines from a year ago. New orders
for basic materials and machinery and equipment
placed in January was generally greater than in either
the preceding month or January of 1928. The dis-




1926

1927

1928

of the month, were smaller than at the end of either
the previous month or January a year ago. Sales by
mail-order houses showed a seasonal decline from the
preceding month, but were considerably larger than
a year ago. The volume of business, transacted by
10-cent chains, also showed a seasonal decline from
the previous month, but were considerably greater
than a }rear ago. Sales by grocery chains showed
gains over both the preceding month and January of
last year. Business of other chains showed declines
from December, but in all cases increased business
was recorded as compared with January of the preceding year.

PRICES

Wholesale prices, although showing no change from
December, averaged 1 per cent higher than in January,
1928. As compared with the preceding month, gains
in prices for farm products, foods, metals and metal
products, house-furnishing goods, and certain miscellaneous items were counterbalanced by declines in prices
for hides and leather and fuel and lighting. Compared
with a year ago, gains in prices for fuel and lighting,
metals and metal products, and building materials were
more than sufficient to offset declines in hides and
leather, textiles, and house-furnishing goods. Classified by state of manufacture, prices for raw materials
and finished products advanced as compared with the

The cost-of-living index showed a decline from both
the preceding month and January of last year. As
compared with the previous month, all items showed
lower prices, except fuel and light, which showed no
change. As compared with last year, all items were
lower except food and fuel, which showed no change.
EMPLOYMENT

The general index of factory employment showed a
seasonal decline from the preceding month, but was 3
per cent higher than a year ago. It is to be noted
that this index does not include any of the newer
industries, such as aircraft, radio, rayon, etc., where
employment conditions are known to be good. Compared with the previous month, declines in employ-

PRICE COMPARISONS
[Prices at wholesale are relative to 1926; farm prices and the cost of living are relative to the average for 1923-1925. January, 1929, is latest month plotted]

1923

1924

1925

1926

1928

1927

1923

1924

1925

1926

1927

1928

1928

1923

1924

1925

1926

1927

1928

preceding month, while prices for nonagricultural commodities and semimanufactures showed no change.
As compared with last year, prices for nonagricultural
commodities and finished manufactured products were
higher, while raw materials and semimanufactures
were lower.
The index for prices received by farmers for their
produce was lower than in either the previous month
or January of last year. As compared with the preceding month, all price gains recorded in fruits and vegetables, grains, meat animals, and certain unclassified
items were insufficient to offset the decline in the prices

for dairy and poultry products.


ment in food factories, textiles, lumber, paper and
printing, chemicals, stone, clay and glass, nonferrous
metals and tobacco manufactures were more than
sufficient to offset unemployment in leather factories
and automobile factories. As compared with a year
ago all groups showred larger employment except textiles, leather, stone, clay and glass, and tobacco, which
declined, and lumber and paper and printing, which
showed no change. Factory pay-roll payments in
January were likewise lower than in the preceding
month, but were almost 6 per cent higher than a year
ago. As compared with the preceding month, pay-roll
payments were lower in all industrial groups, except
leather, which showed a gain.

WHOLESALE PRICES FOR SPECIFIED COMMODITIES
( Relative numbers, 1926 monthly average taken as 100. January, 1929, is latest month plotted. Data from which these charts are drawn are given on the opposite page]

WHEAT, NO. 2, HARD .WINTER

FLOUR, WINTER

•• •••

"*

•.

>• * *

*, . .
. • »|

•
\
' .*

. •t
.
i ..'
-

\

N.

•

a

*• ..,
• • ••' •••

60 \M/

,••*

..

*

^

BEEF, CARCASS

CATTLE, STEERS

180

..•

r

•*

*•<

^. ,
QfY

*

• •'

.•'

100

.O.ATS

CORN, NO. 2

HOGS, HEAVY

HAMS, SMOKED

.' •
160

%
140

••

.•

I

..,

••
.« •'*

'
•• ••

•• ••

.»' •'*

a

120

innl
lUUj
•-*•

80,
• », ... .•'

60 AA/
SUGAR,

SUGAR, RAW

120

..
.

100

• • • • •.,
...

...

GRANULATED

. .
. .

••

'' \

*.

•*

COTTONSEED OIL

*.

*' .. ..«

i

...

'

RUBBER, SMOKED SHEETS

IOC
75

,

..

80

.*

*

.
• ..

•s

50

60 •w
140

25 \A/V

vvv

AAA

COTTON PRINT CLOTH

COTTON YARN

COTTON RAW

V^0(DL, '/4 BLOOD COMBING

.
.
120

v ••, .•( .»

-J
•• .•' •

80

,-' ... .. **

.*
1

100

••

^

VW

AAA

WORSTED YARNS

190

(WV

SILK, RAW

HIDES, PACKERS
1
.•' •• .
.
•• .- \

160

L EATHER.SOLE, OAK

..

*•

1

«., *••

f

130
t

100

70 Av

AW.

AAA-

PETROLEUM

LE ATHER,CHROME, CALF

BITUMINOUS COAL

140
k"*

** 1 * * **

ZINC

. •• . •* '.^
.
.

%
-

100
60

COKE

TIN

ISO

AA/

VW

COPPER INGOTS

PIG IRON, FOUNDRY

120

.
. . ... . .. .

100

•• '•*'
.

,4

80
60

L

AAA

STEEL BEAMS

120

AAA/

VW

LU MBER,PINE, FLOORING

100

CEMENT

BRICK, COMMON

1

80
i

60

AAA, AAA

i\




AAA

f H m m Ii ' i

1 4,: .

• si i i
f

:3 « Si.il.i..r

19,

*< ••

-

...

n§ ! i 1 1 N 1 1 n
1

I i

WHOLESALE PRICES FOR SPECIFIED

COMMODITIES

NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics, no-nferrous metals
from the Engineering and Mining Journal-Press, except tin, which is from the American Metal Market. All other prices are from U". *S. Department of Labor, Bureau of
Labor Statistics. So far as possible all quotations represent prices to producer or at mill.
EELATIVE PRICE
ACTUAL PRICE

(dollars)

1926 average =100

Unit

COMMODITIES

Decem- January,
ber, 1928
1929

January, Novem- Decem- Janu- Decem- Januber, 1928 ber, 1928 ary, 1929 ber, 1927 ary, 1928
1928

FARM PRODUCTS-AVERAGE PRICE TO PRODUCER
Wheat
Corn. .
Potatoes
Cotton
CottonseedCattle, beef
Hogs _
Lambs

_

_

. .
_ . _ _.

Bushel
Bushel
Bushel ___
Pound
TonPound
Pound
Pound _

_ .
.

_

„_ .

0.982
.761
.579
.180
37.74
.0894
.0793
.1141

0.985
.802
.589
.179
38.05
.0897
.0818
.1223

1.152
.752
.936
.186
37.40
.0848
.0781
.1134

72
108
31
118
137
143
72
99

73
109
31
119
139
138
67
99

73
115
32
119
140
139
69
106

84
107
51
124
137
129
69
98

85
108
50
123
138
131
66
98

1.172
1.414
.858
.486
.574
1.059
25. 691
.205
.55
14. 175
8.780
6.275
13. 775

1.217
1.405
.915
.523
.600
1.044
28. 136
.202
.55
13. 531
9.100
8.388
15. 594

1.293
1.425
.886
.564
.932
1.085
23.227
.190
.50
15.800
8.320
6.050
12.650

77
87
118
110
80
112
117
114
120
150
73
81
93

76
92
113
113
83
111
303
117
120
149
71
95
101

79
91
121
122
87
109
332
115
120
142
74
127
114

82
90
114
129
126
114
239
112
107
163
70
85
95

84
92
117
131
134
114
274
108
10%
166
67
92
92

6.131
5.500
.039
.052
.103
.245
.245
.244
.51
.235

6.340
5.519
.038
.050
.103
.240
.245
.232
.48
.235

7.450
6.700
.045
.057
.101
.220
.230
.212
.49
.235

74
76
89
92
81
154
154
79
113
103

73
76
91
94
87
149
144
79
113
103

75
76
88
92
87
146
144
76
107
103

84
91
106
101
84
136
139
70
116
103

88
92
104
104
85
134
135
69
109
103

Pound
Yard.
Yard
Pound
Yard.
__
Yard. _ _
Yard
Pound
Dozen pair..

.378
.078
.091
1.575
.975
2.008
1.998
4.998
10. 290

.382
.076
.090
1.575
.975
2.008
1.998
4.998
10.290

.369
.080
.098
1.425
1.000
1.935
2.093
5.145
10. 290

105
103
97
108
94
100
92
82
85

106
103
97
110
94
100
92
81
85

107
101
97
110
94
100
92
81
85

104
105
113
98
97
96
96
81
86

103
106
105
99
97
97
97
83
85

Pound..
Pound
Square foot—
Pound
Pair
Pair

.226
.250
.500
.590
6.750
4.85

.205
.219
.530
.590
6.750
4.85

.261
.300
.535
.590
6.750
4.75

159
140
108
135
106

161
144
110
135
106

146
126
117
135
106
100

178
144
118
135
102

186
173
118
135
106
98

Net ton
Net ton
Long ton
Short ton
Barrel

4.006
4.547
13. 040
2.750
1.210

4.005
4.514
12. 987
2.750
1.185

4.121
4.619
13. 130
2.780
1.220

93
96
95
70
64

93
95
95
67
64

93
94
94
67
63

96
99
97
68
65

96
96
95
68
65

Long ton
Long ton
Long ton
Pound
Pound
Pound
Pound
Pound

19. 510
17. 500
33. 000
.1584
.206
.0650
.5021
.0635

19. 260
17. 500
33.000
.1660
.213
.0665
.4916
.0635

19. 010
17. 000
33. 000
.1385
.188
.0650
.5564
.0564

94
94
94
114
108
76
78
85

95
94
94
115
108
77
77
87

93
94
94
120
112
79
75
87

92
92
94
100
99
77
90
78

92
92
94
100
99
77
85
77

M feet
Thousand

37.19
12.00

36.55
11.50

35.26
12.75

83
73

82
73

81
70

79
68

78
78

Barrel
Cwt- „ _
Pound
Ton
Cwt
_._
Cwt

1.650
1.900
.179
15.500
2.488
3.250

1.650
1.900
.198
15. 500
2.450
3.250

1.683
1.800
.402
15. 500
2.525
3.250

97
9738
107
88
94

95
97
37
107
87
94

95
97
41
107
86
94

97
92
84
107
88
94

97
92
83
107
88
94

FARM PRODUCTS-MARKET PRICE
Bushel
Wheat, No. 1, northern spring (Minneapolis)
Wheat, No. 2, red, winter (Chicago)
Bushel
Corn, contract grade No. 2, cash (Chicago)
_. __
Bushel _ .
Oats, contract grades, cash (Chicago)
Bushel
Barley, feeding (Chicago) ___
Bushel
Rye, No. 2, cash (Chicago)
Bushel
Tobacco, leaf, average sales, warehouse (Kentucky)
Cwt
Cotton, middling upland (New York) ._ _
_ _ _ _ _ _ _ Pound _
Wool, H blood combing, Ohio and Pennsylvania fleeces (Boston)
Pound
Cattle, steers, good to choice, corn fed (Chicago)
Cwt
Hogs, heavy (Chicago)
Cwt
Sheep, ewes (Chicago)
Cwt
Sheep, lambs (Chicago)
Cwt
FOOD
Flour, standard patents (Minneapolis) _
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime yellow (New York)
Beef, fresh, carcass, good native steers (Chicago)
Beef, fresh, carcass, steers (New York).
Pork, smoked hams (Chicago)
Butter, creamery, 92 score (New York)
Oleomargarine, standard, uncolored (Chicago)

_

Barrel
Barrel
Pound
Pound
Pound _ _
Pound
_ _ _ _ _ Pound
Pound
Pound
Pound

TEXTILES
Cotton yarns, carded, white, northern, mule spun, 22-1-cones (Boston)
Cotton-print cloth, 64 x 60-38^"-5.35— yards to pound
Cotton sheeting, brown 4/4 Trion (New York)
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
Woman's dress goods, French, 39 inches at mills, serge
Suitings, unfinished worsted — 13-ounce, mill
Suitings, serge, 11-ounce, 56-58 inch
Silk, Japan, 13-15
_
_
Hosiery, women's, pure silk, mill
LEATHER
Hides, green salted, packers' heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright "B" grades (Boston) .
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf oxford (St. Louis)
FUEL
Coal, bituminous, mine-run (composite price)
Coal, bituminous, prepared sizes (composite price)
Coal, anthracite, chestnut (composite price)
Coke, Connellsville (range of prompt and future) furnace— at ovens. _.
Petroleum, crude, Kansas- Oklahoma— at wells
METALS
Pig iron, foundry No. 2, northern (Pittsburgh).
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Brass, sheets, mill
Lead, pig, desilverized, for early delivery (New York)
Tin, Straits (New York) _ _
Zinc, slab, western (St. Louis). _ _
_ _ _ _ _ _
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, mill
Brick, common red, domestic building (New York) _
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district) _ .
Steel beams, mill (Pittsburgh)
Rubber, smoked sheets (New York). _
__
Sulphuric acid, 66° (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York)__
Newsprint, rolls, contract, mill
_







8
NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]

MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]

FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC-POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]

. ; '*

REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

Imports of wool in January showed sizeable gains
over both the preceding month and January, 1928.
The consumption of wool by textile mills was likewise
greater than in either prior period. Stocks of wool
at the end of 1928 were about 2 per cent greater than
at the end of the preceding year.
^ The consumption of cotton was considerably greater
than in either prior period. Stocks of cotton held at
the end of January, both at mills and in public storage, were lower than a year ago. Raw cotton exports in January showed a gain of 12 per cent over
the same month of 1928. Cotton prices paid to producers were lower than in either the previous month

Stocks of raw silk, both at manufacturing plants
and at warehouses, were greater at the end of January than at the end of the preceding month. Warehouse stocks were greater also than a year ago, but
inventories at mills were lower. The price index
for silk goods showed no change from the previous
month but was lower than a year ago. Imports of
rayon were lower than in December but 25 per cent
greater than a year ago. Rayon prices showed no
change from either the previous month or January of
last year.
More men's and boys' suits were cut in December
than in November, but a decline was registered from
the output of 1927.

THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. Where available, January, 1929, is latest month plotted]

'£6

Lt | I I I I I I I I I I I I I I I I J j j I i ! I I I I I I I I I

1923

1924

1925

1926

! ; Ii i hII ii II iIIi I i iIIi

19271928

RAW
11 I i i I i i ! i i ! i i I i i I i i I i i

1923

1924

or January a year ago, but the wholesale price for
cotton, showing a decline from December, averaged
higher than a year ago. Spindle activity at cotton
mills, reduced to a ratio to plant capacity, was higher
than in either the previous month or January of last
year.
Imports of silk were greater than in either period.
Deliveries of silk to consuming establishments were
also larger than in either the previous month or
January a year ago, while machinery activity in silk
mills also showed gains over both periods.

37164—29
2


! 1 1 ! i i ! n . i i I i i I LJ ! i .' ! i i I ! i 1 1 i I i i
1923
1924
1925

1926

I I I I I I I I I I I I I I I I I I IIt

1927

1928

The production of hosiery in December showed a
decline from both the preceding month and December,
1927. Net shipments of hosiery by manufacturers likewise declined from both periods. Hosiery stocks held by
manufacturers at the end of 1928 were lower than at the
end of 1927.
Textiles spread with pyroxylin during January
showed a substantial gain over both the preceding
month and the corresponding month of 1928. Unfilled orders for pyroxylin-coated textiles at the end of
January were greater than at the end of December.

10
METALS

The consumption of iron ore by furnaces was greater
in January than in either the preceding month or
January of last year. Pig-iron production likewise
showed gains over both periods. Wholesale prices for
pig-iron, though showing no appreciable change from
the preceding month, averaged higher than a year ago.
The production of steel ingots was greater than in
either the previous month or January of last year.
Reduced to a ratio to plant capacity the output of
steel ingots showed a gain of almost 9 per cent over
January, 1928. Unfilled steel orders at the end of
January were greater than at the end of the previous

New orders for fabricated steel plate were smaller than
in either the preceding month or January of last year.
Shipments of cold finished steel bars showed gains over
both periods. New orders for steel boilers, measured
in square feet of heating surface, showed a decline
from the previous month but were 25 per cent greater
than a year ago. Production of steel barrels was larger
than in either period. Shipments of lock washers also
showed gains over both periods.
New orders for machine tools were larger than in
either the preceding month or January of last year,
with shipments also showing gains over both prior
periods. New orders for foundry equipment were like-

THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. January, 1929, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages plotted on the end month]

1923

1923

1924

1925

1926

1927

1928

1923

1924

1925

(926

1927

1928

1926

1927

1928

1923

1924

1925

1926

1927

1928

month, but showed a decline from the same month of
last year. Earnings of the United States Steel Corporation for the year 1928 showed a gain of almost 18
per cent over the preceding year. The output of steel
sheets by independent manufacturers showed a gain
in January over both the preceding month and the
same month of 1928. Reduced to ratio to capacity,
steel sheet production in January was 23 per cent
greater than in January of last year. Unfilled orders
for steel sheets at the end of January showed a gain of
10 per cent over the previous month, but declined six
per cent from a year ago.
The production of track work in January was smaller
than in December but greater than a year ago.




wise larger than in either the previous month or January, 1928. Unfilled orders for foundry equipment at
the end of January were almost three times as large as
a year ago. New orders for mechanical stokers were
likewise greater than in January, 1928. Domestie
shipments of industrial pumps also showed gains over
a year ago, while new orders and unfilled orders for industrial pumps were greater than in either the previous month or January of last year. New orders for
electric hoists showed gains over both periods. Shipments, new orders, and unfilled orders for electric overhead cranes and new orders and shipments for woodworking machinery also recorded advances over both
the preceding month and the same month of 1928.

11
HIDES AND LEATHER

FUELS

The output of bituminous coal in January showed
substantial gains over both the preceding month and
January of last year. Anthracite production was likewise greater than in either prior period. Prices for
coal, both bituminous and anthracite, averaged lower
than in either prior period.
AUTOMOBILES AND RUBBER

The output of automobiles, both passenger cars and
trucks, showed gains of more than 70 per cent over
both the preceding month and January of last year.

Imports of hides and skins during January exceeded
those of either the previous month or the corresponding month of last year. Increases from December of
imports of cattle hides and sheepskins more than
offsetting declines in imports of calfskins and goatskins. Prices of cattle hides and calfskins averaged
lower than for either the preceding month or the corresponding month of last year. Leather prices, however,
showed little change upper leather being slightly
higher than in December and slightly lower than a

THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. January, 1929, is latest month plotted where data were available]

The gain in the output over a year ago of passenger
cars was about 71 per cent, while the production of
trucks was almost twice as large as in January of the
previous year. The output of automobiles in Canada
during January was more than 150 per cent greater
than in January of the previous year. Domestic
exports of automobiles showed substantial gains over
both the previous month and the same month of
1928. Canadian exports were likewise greater than
in either period.
The imports of crude rubber in January showed
considerable gains over both the previous month and
the corresponding period of last year. The wholesale
price of rubber averaged higher than in the preceding
month but was about 50 per cent lower than a year ago.



year ago, while sole leather was unchanged from either
period. The output of sole leather was greater than
for either prior period, and exports, although smaller
than a year ago, greatly exceeded those for the previous
month. Exports of upper leather were smaller than
for either prior period. Shoe prices were the same as
during the previous month but slightly higher than in
January, 1928. Production of boots and shoes was
considerably larger than in December and slightly
larger than a year ago. Exports also exceeded those
of both prior periods. More cattle, calves, and sheep
were slaughtered during January than during the previous month and more cattle and hogs than in January,
1928. The number of hogs slaughtered in January, however, was slightly less than during the previous month.

12
BUILDING AND CONSTRUCTION

STONE AND CLAY PRODUCTS

Construction costs on the whole averaged slightly
above those for the previous month but showed 110
uniform tendency as compared with January, 1928.
Contracts awarded for new buildings were smaller
both in square footage and in value than for either
the previous month or for January, 1928, increases in
contracts for commercial and industrial buildings as
compared with both periods being more than offset

The production and shipments of Portland cement,
while slightly larger than a year ago, declined seasonally from the previous month. Stocks of cement
were larger than at the end of either prior period and
prices, while the same as in December, were slightly
ower than a year ago. New contracts let for concrete pavements during January were slightly smaller
than during the previous month despite the substantial

THE AUTOMOBILE AND RUBBER INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. Where available, January, 1929, is latest month plotted]
300

AUTOMOBILE EXPORTS
-iql. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _ i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 n 1 1 1 1 1 1 1 I 1 1 i t 1 1 1 1 1 1 1 1 1 1 1 1 1 n 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
10

JOb

1921

1922

1923

1924

1926

1926

1927

19211922

1921

by declines in contracts for residential and public buildings.
LUMBER AND LUMBER

PRODUCTS

The production of lumber was generally greater
than for either the previous month or for the corresponding month of last year, declines for the previous
month being recorded only in the case of California
redwood and California white pine, while the output
of Douglas fir, California redwood, Northern pine, and
walnut was less than a year ago. Lumber shipments
were greater during January in most instances than
for either prior period, North Carolina pine being
the only species for which shipments were less than
during the previous month, while Southern pine and
Douglas fir showed declines from January, 1928. New
orders for lumber were also greater in most instances
than during the previous month.




1921

1923

1924

1925

uiiui
1926

1927

1928

1923

.1924

1925

1926

1927

1928

. . I n l n h i l i lIlli l i i illli l l M . . i l.i.i! . i
ii M il M l li !
li

increase in road contracts, but were much larger than
a year ago. Federal aid highways completed also
greatly exceeded those finished during January, 1928
New orders and shipments of porcelain plumbing
fixtures considerably exceeded those of the previous
month, but were smaller than in January, 1928. Unfilled orders and stocks, on the other hand, were less
than at the end of December, but much greater than
a year ago. New orders and shipments for vitreous
china fixtures were greater than during either prior
period. Unfilled orders also exceeded those at the end
either of December or January, 1928, and stocks, while
less than at the end of the previous month, were
greater than a year ago. New orders for terra cotta
were greater both in quantity and in value than during
December, the value of such orders also exceeding
those of January, 1928.

13
FOODSTUFFS AND TOBACCO

The visible supply of wheat at the end of January in
both the United States and Canada was considerably
larger than a year ago. Receipts of wheat at principal
domestic markets showed a decline from the previous
year, but shipments showed gains. Exports of wheat,
including flour, showed declines from both the preceding month and January of last year. Prices for wheat,
averaging higher than in December, were lower than
a year ago.
The visible supply of corn at the end of January
was 7 per cent smaller than a year ago. Corn exports,
including meal, were considerably greater than a year

Receipts of butter at the principal markets showed
gains over both the previous month and January a
year ago. Storage holdings of butter at the end of
January were 13 per cent lighter than a year ago.
The wholesale price of butter averaged lower than in
either the previous month or the same month of last
year. Receipts of cheese at primary markets showed
a decline from a year ago. Storage holdings of cheese
were 33 per cent greater than last year.
Imports of raw sugar were greater in January than
in either the previous month or January a year ago.
Meltings of sugar at refineries were also greater than
in either prior period. Stocks of raw sugar held at

THE TOBACCO INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. Where available, January, 1929, is latest month plotted]

1923

1924

1925

1926

1927

1928

1923

1924

1925

1926

1927

1928

1923

1924

1925

1926

f927

1928

1923

1924

1925

(926

1927

1928

ago. Receipts and shipments of corn at principal
primary markets showed gains over last year.
Receipts and shipments of cattle at principal markets showed a decline from last year. Local slaughter
of cattle was also smaller than in January, 1928. The
output of inspected beef was greater than in either the
preceding month or January of last year, the indicated
consumption of beef also showing gains over both
periods. Exports of beef products were greater than
in either the previous month or January of last year.
Cold storage holdings of beef at the end of the month
were considerably larger than a year ago. Prices for
beef averaged higher than for last year. Receipts of
hogs at primary markets were smaller than in January
 but shipments showed a gain.
of last year,


refineries at the end of January were 15 per cent
heavier than a year ago. Shipments of refined sugar
by refineries showed gains over both the previous
month and the same month a year earlier.
Imports of coffee were larger than in December, but
showed a decline from a year ago. The world's
visible supply of coffee at the end of January was 4
per cent greater than a year ago. Clearances of
coffee for the United States showed a gain over the
previous month, but were smaller than a year ago.
The price of coffee averaged higher than in either the
previous month or January, 1928. Imports of tea
and cocoa showed gains over the previous month.
Tea imports were also greater than a year ago but
cocoa imports declined from the previous month.

14
TRANSPORTATION

DISTRIBUTION MOVEMENT

Freight carloadings in January showed a gain of
almost 4 per cent over a year ago. As compared with
January, 1928, increases were registered in the loadings
of coal and coke, ores, and miscellaneous merchandise,
all other groups showing declines. Freight car surplusages were considerably smaller than a year ago.
Shipments of railroad locomotives by manufacturers
were more than 50 per cent smaller than a year ago
BANKING AND FINANCE

Check payments outside New York City showed a
gain of 13 per cent over a year ago. Loans and discounts of Federal reserve member banks at the end of

Sales by mail-order houses and chain 10-cent
stores showed substantial gains over January, 1928.
Magazine advertising also showed a considerable gain.
Advertising in newspapers was greater than in January
of last year. Postal receipts in 100 representative
cities were greater than a year ago. Mail dispatched by
air continued to show further growth in business volume.
GOLD, SILVER, AND FOREIGN EXCHANGE
Receipts of gold at the mint were smaller than in
either the previous month or January, 1928. The output of gold at the Rand mines was greater than in
either prior period. Imports of gold showed gains over
both periods, while gold exports showed declines.

WHOLESALE TRADE
[Relative numbers, monthly average 1923-1925 taken as 100. January, 1929, is latest month plotted. Curves are adjusted for seasonal variation]

1 WEARING APPAREL
.

.. I . . !l]> I . . , . I , . I , , I, i

i , l M! i i l n in In l . t I

HARDWARE AND FURNITURE
. I ! . I i . l . . I, , l u l l i l n In h i t i i h i l i i l u I l i l n In I i i l i l t

1923

1924

1925

1926

1927

January were 5 per cent smaller than at the end of the
preceding month but were greater than a year ago.
The Federal reserve ratio showed a substantial gain
during the month, but was lower than a year ago.
Interest rates on time loans averaged higher than in
either period, while call-loan renewal rates, averaging
lower than in December, were higher than in January,
1928. New sales of life insurance were almost 19 per
cent larger than in January, 1928. Prices for stocks,
both industrial and railroads, averaged higher than
in either the previous month or the same month of
last year. Bond prices averaged lower than a year
ago. Dividend and interest payments scheduled for
February were considerably larger than a year ago.




1 1 I ( I 1 I I I I I

1924

I I I I ] 1 l_ I I I I I

1925

I 1 I 1 I 1 1 I I I I I

1926

The price of silver at New York averaged lower than
in either the previous month or January of last year.
Exchange on the principal currencies showed only
slight change from the preceding month, the principal
changes being downward. Exchange on Netherlands,
Sweden, and Japan showed declines from December.
Contrasted with a year ago, exchange rates were generally lower, declines occurring in the British pound, the
Italian lira, the Dutch guilder, the Swedish krone, the
Swiss franc, the Japanese yen, the Indian rupee, the Argentine peso, the Brazilian milreis, and the Chilean peso.
Imports of merchandise showed gains over both the preceding month and January a year ago. Merchandise
exports likewise showed gains over both previous periods.

15

INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. All of the index numbers, except where noted, are based on the average
of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal
period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues
of the Survey (later data being available in the latest semiannual issues): Production, in the July; 1928, issue
(No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September,
1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No.^77), pages 22 and 23; wholesale
trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81),
pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on
1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page
27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928,
issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of living
in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24.

Relative to 1923-1925 monthly average as 100

1939

PEB CENT INCREASE (+)
.&g OB DECBEASE (— )

Novem- Decem- January Novem- December
ber
ber
ber

anuary

January,
1929, from January, 1929,
December, from January,
1928
1928

114
112

109
113

116
117

+ 6.4
+ 3.5

+ 10.5
+ 10.4

106
105
108
107
103
115
92
92
99
114
100
135
124
119

113
111
119
114
103
117
80
90
99
118
126
159
150
125

109
113
123
111
104
120
87
98
92
130
129
159
143
127

116
117
117
116
103
119
92
96
134
124

+ 6.4
+ 3.5
-4.9
+ 4.5
-1.0
-0.8
+ 5.7
-2.0
+ 45. 7
-4.6

+ 9.4
+ 11.4
+ 8.3
+ 8.4
0.0
+ 3.5
0.0
+ 4.3
+ 35.4
+ 8.8

159
147
131

0.0
+ 2.8
+ 3.1

+ 17.8
+ 18.5
+ 10. 1

103
103
87
91
124

99
103
92
89
121

112
112
96
99
132

113
117
103
110
138

+ 0.9
+ 4.5
+ 7.3
+ 11. 1
+ 4.5

+ 14.1
+ 3.9
+ 12.0
+ 23.6
+ 14.0

105
109
109
95

102
105
103
93

118
115
98
115
127
105
133
110
114
91

133
106
113
103

129
100
112
91

-3.0
-5.7
-0.9
-11.7

+26. 5
-4.8
+ 8.7
-2.2

92
68
101
114
71
119

88
66
92
126
71
79

96
61
107
80
89
81

93
70
98
110
77
131

92
55
95
126
78
119

96
35
102
85
95
- 87

+ 4.3
-36.4
+ 7.4
-32. 5
+ 21.8
-26.9

0.0
-42.6
-4.7
+ 6.3
+ 6.7
+ 6.9

45
38
60
55
11
22

168
109
107
96
231
237

121
104
74
57
148
169

98
99
100
45
81
193

179
122
94
119
258
205

152
124
69
70
206
192

114
104
94
72
100
238

-25.0
-16. 1
+ 36.2
+ 2.9
-51.5
+ 24.0

+ 16.3
+ 5.1
-6.0
+ 60.0
+ 23.5
+ 23.3

76
71
54
18
65

93
91
111
109
100

86
83
111
98
95

81
80
99
38
97

84
80
116
119
104

76
71
111
122
104

81
78
111
41
101

+ 6.6
+9.9
0.0
-66.4
-2.9

0.0
-2.5
+ 12. 1
+ 7.9
+4.1

1928

1927

Maximuni
since
Jan. 1,
1923

Minimum
since
Jan. 1,
1923

117
117

81

83

101
99

95
99

105
106

116
117
127
121
106
119
110
139
134
130
129
162
166
131

79
82
59
77
92
91
80
47
86
92
87
84
66
93

101
98
88
112
94
110
96
47
97
107
106
140
117
122

95
99
93
105
95
113
93
53
96
105
111
137
110
113

124
120
125
133
138
134
129
124
125
123

84
90
77
1
88
0
82
93
75
85

105
101
85
105
124
49
106
107
110
100

124
421
131
148
160
187

79
26
76
68
64
44

251
205
199
266
353
266
112
112
151
161
148

PRODUCTION
TOTAL INDUSTRIAL

Unadjusted, except for working days
Adjusted for seasonal variations
MANUFACTURING

Total (adjusted for working days only)
Total (adjusted for seasonal variations)
Iron and steel
Textiles
Food products
Paper and printing
Lumber,
_
_ _
Automobiles
Leather and shoes
Cement, brick, and glass
Nonferrous metals. .
Petroleum refining
Rubber tires
_ «
Tobacco manufactures
MINERALS

Total (adjusted for working days only)
Total (adjusted for seasonal variations)
Bituminous coal
Anthracite coal
Crude petroleum
.
Iron-ore shipments
_
Copper _
^ vr^*
Zinc
Lead
Silver
..
ANIMAL PRODUCTS (Marketings)

Total
Wool
_ _
Livestock
Poultry and eggs_
Dairy products
Fish

_

CROPS (Marketings)

Total
Grains *
Vegetables *
Fruits *_ _
Cotton products *
Miscellaneous crops *
FOREST PRODUCTS

Total
_ _
Lumber
_
Pulpwood
Gum (rosin and turpentine) *__
Distilled wood


* Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturingiareradjusted for seasonal variations except where
noted.
*


16
INDEXES OF BUSINESS—Continued
1938

1937

1939

PEE CENT INCREASE (+)
OB DECREASE (— )

Maximum
since
Jan. 1,
1923

138
179
143
141
118
129

73
70
71
67
85
75

91
94
101
98
90
89

11
1

179
133
78
94
75

100
94
104
112
103
87

102
113
114
99
114
101

80
88
111
67
98
82

134

82

135

133

129

137

141

137

-2.8

+ 6.2

120
129
138
152
133
125
178
123
185
155
125

88
79
78
78
74
78
64
66
77
46
84

111
81
113
123
118
123
130
70
132
109
107

112
79
127
128
119
125
154
69
133
80
109

115
85
134
141
114
119
169
68
128
99
115

114
87
118
143
125
107
136
75
156
133
107

120
96
129
147
125
113
154
77
164
132
111

124
108
124
152
125
112
173
76
157
145
114

+ 3.3
+ 12.5
-3. 9
+ 3.4
0.0
-0. 9
+ 12.3
-1.3
-4. 3
+ 9. 8
+ 2.7

+ 7.8
+ 27. 1
-7. 5
+ 7.8
+ 9. 6
5. 9
+ 2.4
+ 11.8
+ 22. 7
+ 46. 5
-0. 9

157
163
202
136
153

69
68
43
54
73

152
135
187
113
144

150
136
183
104
137

139
127
168
105
128

154
155
170
126
135

157
163
174
97
135

147
155
161
89
124

-6.4
-4.9
-7.5
-8.2
-8. 1

+ 5.8
+ 22. 0
-4.2
-15.2
-3. 1

167
154
157
204
142

Relative to 1923-1925 monthly average as 100

Minimum
since
Jan. 1,
1923

67
62
66
49
56

68
76
71
51
63

72
69
85
57
52

81
77
89
64
79

74
72
76
49
84

71
72
83
35
62

80
83
86
64
78

+ 12.7
+ 15.3
+ 3.6
+ 82. 9
+ 25. 8

-1.2
+ 7.8
-3.4
0.0
-1.3

124
119
130
128
167
128
118
125
131

82
86
87
71
43
68
82
88
72

97
100
101
88
61
110
98
113
105

85
90
103
70
48
82
90
99
83

88
85
106
85
76
94
82
106
78

99
100
117
90
66
105
98
114
110

85
88
108
69
52
59
86
120
94

93
92
116
84
75
99
82
130
81

+ 9.4
+ 4.5
+ 7.4
+ 21.7
+ 44.2
+ 67.8
-4.7
+ 8.3
-13.8

+ 5.7
+ 8.2
+ 9.4
-1.2
-1. 3
+ 5.3
0. 0
+ 22.6
+ 3.8

208

64

149

167

105

176

208

132

-36.5

+ 25.7

305
224
413
224
160
170
184

62
77
47
82
79
70
55

146
188
250
144
105
125
118

279
204
350
182
156
164
178

104
187
121
146
90
100
87

158
218
289
169
107
130
130

305
220
413
224
155
170
184

112
222
140
177
91
106
102

-63.3
+ 0. 9
-66. 1
— 21. 0
-41.3
-37.6
-44.6

+ 7.7
+ 18.7
+ 15. 7
+ 21. 2
+ 1.0
+ 6.0
+ 17. 2

187
117

71
83

122
116

186
96

88
91

122
113

187
92

93
88

-50.3
-4.3

+ 5.7
-3.3

Novem- Decem- January Novem- Decem- January January,1929, January, 1929,
from Defrom Janber
ber
ber
ber
cember, 1928 uary, 1928

PRODUCTION— Continued
NEW ORDERS

Total
Textiles
Iron and steel
_
Lumber
>
_
Paper and printing
Stone and clav products

_-- _
_
_

STOCKS
Grand total
Total manufactured goods
Food stuffs
__ _ _ _
Textiles
Iron and steel
Nonferrous metals
Lumber
Stone, clay, etc
_
Leather
Rubber
_
Paper _ _ _
Chemicals and oils
Total raw materials
Foodstuffs
Textiles
__
Metals __ _
Chemicals and oils

_

__
_

__ _
_
'.

UNFILLED ORDERS
Total
.
Textiles
Iron and steel
_
Transportation equipment
Lumber
WHOLESALE TRADE
Grand total, all classes
Groceries
Meats
Dry goods
Men's clothing _
Boots and shoes
Hardware
Drugs
Furniture

_ _ _
_ _ __

_

RETAIL TRADE
MAIL-ORDER HOUSES (4 houses)
CHAIN STORES:
Ten-cent
_ _ _
Grocery
_ _
Wearing apparel
_ _ __
Drug
_
__ Cigar
_ _
_
Candy
_
_ __ _
Shoe
DEPARTMENT STORES:
Sales
Stocks




17
INDEXES OF BUSINESS—Continued

Relative to monthly average indicated

1929

1928

1937

PER CENT INCREASE (+ )
OR DECREASE (— )

Maximum
since
Jan. 1,
1923

Minimum
since
Jan. 1,
1923

111

119
122
113
113
117
103
107
106
109
120
113
111

92
96
92
86
85
88
94
85
84
86
90
84
83

94
101
101
88
91
94
101
93
93
89
104
84
93

93
100
101
87
88
92
102
92
89
88
99
85
93

92
97
100
86
85
96
100
91
84
86
91
87
92

95
102
97
95
90
87
101
94
89
98
101
96
94

96
102
98
95
88
88
101
95
87
99
98
95
98

95
98
97
95
85
91
100
94
82
97
86
100
103

-1.0
-3.9
-1.0
0.0
-3.4
+ 3.4
-1.0
-1. 1
-5.7
-2.0
-12.2
+ 5.3
+ 5.1

+ 3.3
+ 1.0
-3.0
+ 10.5
0.0
-5.2
0.0
+ 3.3
-2.4
+ 12.8
-5.5
+ 14. 9
+ 12.0

109
114
124
111
108
123
105
108
106
109
119
115
111

84
93
87
75
82
79
86
86
81
81
85
84
81

92
101
101
84
94
86
103
95
93
86
104
85
91

93
101
102
85
90
87
105
97
89
88
100
87
98

90
98
99
83
81
93
102
94
82
85
90
84
93

96
102
97
98
92
79
103
97
91
106
99
98
92

98
104
100
98
88
84
105
97
88
108
100
96
100

95
100
96
96
82
87
103
95
78
102
81
96
102

-3. 1
-3.8
-4.0
-2.0
-6.8
+ 3.6
-1.9
-2. 1
-11.4
-5.6
-19.0
0.0
+ 2.0

+ 5.6
+ 2.0
-3.0
+ 15.7
+ 1.2
-6.5
+ 1.0
+ 1.1
-4.9
+ 20.0
-10.0
+ 14.3
+ 9.7

152
178
253
162
166
252
108

125
108
108
98
122
81
79

137
120
136
141
153
162
86

137
123
141
138
158
153
90

137
125
144
138
154
152
91

134
110
109
150
155
146
86

134
112
108
143
159
148
90

133
115
109
146
149
148
92

0.7
+ 2. 7
+ 0.9
+ 2.1
-6.3
0.0
+ 2.2

-2.9
-8.0
-24.3
+ 5. 8
-3.2
-2.6
+ 1.1

105
114
107
127
114
112
113
116
104
111
127

94
94
85
98
94
81
97
90
95
97
79

97
104
102
114
98
83
97
90
97
99
88

97
104
101
117
97
83
98
90
97
99
89

96
106
99
121
97
81
98
91
96
99
89

97
102
100
116
96
84
102
96
96
96
80

97
104
98
116
96
84
103
97
96
96
80

97
106
99
114
96
83
104
97
96
97
81

0.0
+ 1.9
+ 1.0
-1.7
0.0
-1.2
+ 1.0
0.0
0.0
+ 1.0
+ 1.3

+ 1.0
0.0
0.0
-5. 8
-1.0
+ 2.5
+ 6.1
+ 6. 6
0.0
-2. 0
-9.0

128
103
109
106

96
93
93
93

97
95
99
95

98
95
99
95

98
94
100
94

97
97
96
95

97
96
97
95

97
97
99
95

0.0
+ 1.0
+ 2.1
0.0

1.0
+ 3.2
-1.0
+ 1.1

106
112

85
95

103
105

102
105

102
105

103
102

102
100

103
101

+ 1.0
+ 1.0

+ 1.0
-3.8

Novem Decem- January Novem- Decem- January January, 1929 January, 1929,
from Decem from January,
ber
ber
ber
ber
ber, 1928
1928

EMPLOYMENT
(Relative to 1926 monthly average as 100)

Number employed, by industries:
Total, all classes __
Food products
Textiles.
_
_ . _
Iron and steel
Lumber
Leather
Paper and printing _
. _
Chemicals
Stone, clay, and glass
Metal products other than iron and steelTobacco products
Vehicles
MiscellaneousAmount of pay roll, by industries:
Total, all classes
Food products
Textiles
Iron and steel. _ _
Lumber
£
Leather
Paper and printing-.
Chemicals _ _ _ _ _
___
Stone, clay, and glass
Metal products other than iron and steeL
Tobacco products
Vehicles- _ «
__
Miscellaneous
PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)

All groups
Grains
Fruits and vegetablesMeat animals.
£)airy and poultry
Cotton and cottonseed. _
Unclassified

_ _

WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926 monthly average as 100)

All commodities
Farm products _
_
Food, etc
Hides and leather products
Textile products
Fuel and lighting. __ __ _ _
Metals and metal products
Building materials. _ __ _ _
Chemicals.
House-furnishing goods
Miscellaneous.
__
Classified by state of manufacture:
Semimanufactured articles
Finished products
Raw materials
Nonagricultural commodities _
Commercial Indexes
(Relative to 1926 monthly average as 100)
Dun's

Bradstreet's
37164—29


_

_ .

18
INDEXES OF BUSINESS—Continued

Maximum
since
Jan. 1,
1923

172
167
186
177
179
208
123
176

Relative to monthly average indicated

Minimum
since
Jan. 1,
1923

158
141
161
160
156
174
118
171

1938

1927

Novem- December
ber

PER CENT INCREASE (+)
OR DECREASE (-)

1929

January, 1929, January, 1929,
January Novem- Decem- January from Decem- from January,
ber
ber
ber, 1928
1928

PRICE INDEX NUMBERS— Contd.
COST OF LIVING
National Industrial Conference Board Indexes
(Relative to July, 1914)

All items weighted
Food (Department of Labor)
Shelter
Clothing
Fuel and light (combined)
Fuel
Light
Sundries

FABRICATED

164
157
167
171
163
184
122
173

163
155
166
172
163
184
122
172

164
156
166
171
163
184
122
173

163
157
160
172
162
183
121
171

161
155
159
169
163
184
121
170

162
156
160
171
163
184
121
171

—0 6
—0 6
—0 6
—1 2
0 0
0 0
0 0
-0.6

—1 2

0 0
—4 2
—1 7
0 0
0 0
—0 8
-1.2

STRUCTURAL STEEL
NEW ORDERS

MONTH

1922

1923

1925

1924

1926

1927

1928

1922

1923

Short tons

SeptemberOctober
NovemberDecember..
Total
Monthly average .

227,760
243,360
290,160
243,360

224,940
228,200
221,680
208,640

187,380
194,320
225,550
256,780

208,800
208,800
234,000
252,000

195,000
243,750
232,500
262,500

211,750
265,650
257,950
234,850

240,160
221,920
206,720
206,720

May....
June
July-August.

180,960
165,360
162,240
184,080

192,340
208,640
224,940
192,340

229,020
284,540
274,130
267,190

266,400
262,800
248,400
284,400

232, 500

225,000
341,250
270,000

308,000
300,000
296,450
354,200

194,560
176,320
152,000
185,440

165,360
159,120
171,600
249,600

211,900
211,900
267,320
247,760

270,660
298,420
239,430
253,310

216,000
230,400
223,200
259,200

262,500
288,750
236,250
262,500

21,842,240
2204,693

2,442,960
203,580

2,640,600
220,050

2,980,730
248,394

2,894,400
241,200

3,052,500
254,375

1924

1925

1926

1927

1928

85

58
58
65
70

55
69
67
61

79
73
68
68

58
53
52
59

59
64
69
59

74
73
69
79

80
78
77
92

319,550
250,250
242,550
256,400

64
58
50
61

53
51
55
80

65
65
82
76

73

60
64
62
72

65
63
64

3,287,600
273,967

67

65

72

67

1924

1925

1926

1927

1928

YEAR

Per cent of capacity

JanuaryFebruary..
March
April

195,600
189,080
202,120
221,680

190,850
201,260
239,430
246,370

234,000
216,000
277,200
277,200

195,000
198,750
217,500
228,750

204,050
173,250
227,150
238,700

May.—
June
July
August-

221,680
237,980
254,280
231,460

253,310
256,780
274,130
267,190

270,000
298,800
298,800
280,800

228,750
255,000
255,000
281,250

261,800
261,800
265,650
288,750

September.
October
November.
December-

254,280
247,760
211,900
202,120

267,190
291,480
246,370
263, 720

284,400
284,400
252,000
241,200

266,250
247,500
243,750
236,250

273,350
319, 550
281,050
277,200

77
84
71
76

68

68

Total

68

71

ANNUAL
ORDERS

Per
cent
of
capacity

Short
tons

1 1 . . 213,500
93..
215,390
218,400
1 1 . . 226,600
96..
1917..
231,200
1918..
247,400

74

63

67

225,000
227,000
231,000
238,000
242,000
258,000

1,215,000
1,416,480
1,987,200
2,056,320
1,713,360
1,733,760

11.
99.
192019211922..
1923-

55 I
58
69
71

72

Reported
by 435
firms

Short tons

73
74
79
77

2,669,940 2,998,080 3,214,800 2,853,750 3,072,300
222,495 249,840 267,900 237,813 256,025

1927 1928

69
70
68
64

MONTHLY
CAPACITY

Short tons

Total
Monthly average.

1926

73
78
93
78

SHIPMENTS
MONTH

1925

Per cent of capacity

258,400

January...
February..
March
April

1924

255,800
265,100
271, 500
291,300
300,300

266,000
276,000
283,000
304,000
312,000

1,723,680
1,788,480
1,188,600
2,334,720
2,433,600

12.
94.
1925..
12.
96.
1927_
1928..

313,400
329,900
343,700
363,000
373,500

326,000
347,000
360,000
375,000
385, 000

2,660,160
2,894,400
3,060,000
3,280,200

i Fabricated structural steel data compiled by the Bridge Builders and Structural Society up to April, 1922, and since then by U. S. Department of Commerce, Bureau
of the Census, including reports from the Structural Steel Society. Percentages of capacity calculated from reports of the Bridge Builders and Structural Society up to April,
1922, and applied to estimated total capacity each year based on a special annual survey by the Bureau of the Census. Beginning with April, 1922, reports received from
212 firms (and in addition 30 firms now out of business) with a total capacity of 245,140 tons in 1922, 253,020 tons in 1923, 266,155 tons in 1924, 282,675 tons in 1925, 291,315
tons in 1926, 312,895 tons in 1927, and 322,960 tons in 1928, have been prorated to the estimated total capacity of the United States, 304,000 tons in 1922 and 312,000 tons in
1923, 326,000 tons in 1924, 347,000 in 1925, 360,000 tons in 1926, 375,000 tons in 1927, and 385,000 tons in 1928 for comparison with previous figures.
•Nine months.




19

STEEL CASTINGS
NEW ORDERS, TOTAL
MONTH

1930

1921

1929

1925

1924

1923

1926

1923

1927

1920

1921

1923

1922

1925

1927

1926

1928

Per cent of capacity

Short tons
126, 481 69, 872 104, 179 112, 322 108, 063
112, 399 91, 502 81, 930 101, 495 94, 938
172, 101 126, 986 83, 812 113, 770 90, 353
118, 196 93, 518 87, 556 91, 540 81, 403

91, 448
91, 076
83, 755
84, 086

65
69
103
81

32
30
26
21

37
40
51
73

98
87
133
92

52
68
94
69

76
60
61
64

80
73
81
66

75
66
62
56

62
62
57
57

78, 417
66, 437
72, 294
71, 160

84, 451
73, 785
79, 798
71, 325

73, 043
91, 199
74, 569
63, 938

86, 796
72, 107
66, 992
81, 286

80
71
66
65

19
19
17
20

76
86
68
67

91
85
57
59

59
50
40
37

57
48
53
52

60
53
57
51

50
63
52
44

59
49
45
55

76, 005 62, 198
83, 221 80, 510
91, 388 86, 957
115, 605 105, 893

69, 740
77, 836
73, 477
90, 143

52, 742
52, 160
63, 075
77, 436

82, 762
78, 860
84, 742
96, 373

67
50
44
39

24
32
40
33

94
80
67
73

55
50
50
47

56
61
67
85

45
59
63
77

50
56
53
65

36
36
44
54

56
54
58
65

997, 358 392, 165 1, 002, 0251,167, 644; 1,000, 963 981, 343 1, 039, 682 922, 919 1, 000, 283
83, 113 32, 680 83, 502 97, 304| 83, 414 81, 779 86, 640 76, 910 83, 357

67

26

68

75

62

60

62

53

57

45, 724
48, 687
62, 454
89, 822

January
February..
March
April

81, 290
85, 849
128, 363
101, 371

39, 608
37, 230
32, 709
26, 045

May

100, 088
88, 252
82, 188
81, 443

24, 118 95, 513 117, 834
23, 983 106, 175 109, 756
21, 830 83, 996 73, 600
25, 408 82, 613 76, 208

June
July
August

83, 142
62, 057
55, 313
48, 002

September ._
October
November
December _.
Total
Monthly average

116, 437
98, 319
82, 393
89, 892

29, 697
39, 847
50, 391
41, 299

71, 506
64, 677
63, 870
61, 016

79, 988
68, 019
54, 538
50, 321

RAILWAY SPECIALTIES
MONTH

1924

1920

1922

1921

1923

1924

1925

MISCELLANEOUS

1926

1927

1928

1920

1921

1922

1923

1924

1925

1926

58, 954
55, 010
63, 541
63, 862

1928

1927

Short tons
January. .
February
March
April

May
June
July
August

29, 608 15, 968 26, 469
30, 147 17, 636 24,970
67, 272 13, 446 32, 112
45, 356 9,065 55,124

Mo. av

29, 658
44, 804
75, 929
49, 896

52, 392
38,299
35, 012
39, 797

53, 368
46, 485
50, 229
27, 678

53, 461
41, 355
34, 680
32, 279

41, 276
41, 096
30, 992
32, 810

51, 682
55, 702
61, 091
56, 015

23, 640
19, 594
19, 263
16, 980

19, 255
23, 717
30, 342
34, 698

62, 848
60, 127
78, 411
62, 583

40, 214
46, 698
51, 057
43, 622

51, 787
43, 631
48, 800
47, 759

54, 602
53, 583
55, 673
49, 124

50, 172
49, 980
52, 763
51, 276

28, 946
39, 455
31, Oil
21, 144

34, 995 55, 123
22, 597 56, 278
20, 483 47, 399
25, 171 43, 803

16, 013
15, 208
14, 139
15, 117

41, 381
45, 026
40, 869
49, 340

62, 697
53, 853
45, 508
24, 998

37, 498
31, 034
29, 229
28, 616

43, 540 51, 128 44, 097
42, 160 55, 605 51, 744
44, 244 48, 829 43, 558
43, 901 46, 912 42, 794

51, 801
49, 510
46, 509
56, 115

35, 234
26, 736
34, 535
43, 928

16, 557
18, 886
24, 029
20, 294

48, 331
49, 096
46, 839
49, 371

34, 478
37, 145
35, 885
33, 637

39, 913
43, 816
40, 531
51, 658

40, 930
50, 776
47, 498
52, 670

34, 346
35, 535
35, 436
38, 324

47, 528
52, 124
50, 197
52, 445

44, 965 8,105
31, 974 8,775
. . 34, 789 7,691
37, 640 10, 291

52, 132
61, 149
43, 127
33, 273

55, 137
55, 903
28, 092
34, 210

42, 490
36, 985
25, 309
21, 705

34, 877
24, 277
28, 050
27, 259

33, 323
18, 180
30, 969
24, 413

41, 187
24, 793
23, 144
18, 768

68, 106
49, 223
35, 554
40, 521

37, 028
27, 532
27, 985
27, 379

36, 092
39, 405
50, 857
63, 947

21, 268
29, 734
39, 459
53, 223

22, 761 18, 396
28, 980 16, 625
28, 678 27, 639
39, 881 39, 112

September
October
November
December
Total

63, 633
52, 272
93, 690
55, 613

13, 140
20, 961
26, 362
21, 005

41, 955
37, 264
32, 169
29, 234.

429, 643 172, 445 521, 760 558, 474 517, 077 423, 647 404, 945 384, 103 389, 863 567, 715 219, 720 478, 265 609, 170 483, 886 557, 696 634, 737 538, 816610, 420
35, 804 14, 370 43, 480 46, 540 43, 090 35,304 33, 745 32, 009 32, 489 47, 310 18, 310 39, 855 50, 764 40,324 46, 475 52, 895 44, 901 50, 868

PRODUCTION
Total

CAPACITY

Railway specialties

Miscellaneous
YEAR

MONTH
1926

1927

1928

1926 1927 1928

1926

1927

Per cent
capacity

Short tons

1928

96, 947 87, 307
95, 795 89, 170
115, 503 103, 148
113, 719 95, 036

74, 454
87, 727
93, 989
86, 016

69
69
83
81

60 51 38, 935
62 60 42, 944
71 64 49, 995
66 58 45, 718

34, 037
35, 322
41, 232
39, 189

28, 714
37, 719
38, 448
32, 619

May
June
July
August

103, 080
99, 070
90, 897
85, 067

87, 241
88, 065
80,045
87, 418

93, 333
91, 746
78, 648
87, 742

74
71
65
61

60 63 46, 063 35, 236
61 62 36, 564 34, 596
55 53 32, 677 32, 576
60 60 28, 163 32, 397

36, 599
30, 742
27, 501
27, 157

82, 870
83, 087
88, 757
85, 067

70, 409
62, 813
59, 387
58, 708

75, 761
87, 952
82, 385
82, 203

59
59
64
61

49
43
41
40

1, 139, 859 968, 810 1, 021, 956
94, 988 80, 734 85, 163

68

56

Total
Mo. av

1926

1927

1928

58, 009
52, 851
65, 508
68, 001

PER CENT
OFCAPACITY

i mi
US'«s«

H *&,£

Short tons (average monthly)
53, 333
53, 848
61, 916
55, 847
52, 005
53, 469
47, 469
55, 021

45, 740
50,008
55, 541
53, 397

1913.. 87, 800
1914.. 88,700
1915.. 92, 500
1916.. 98, 000
1917.. 107, 200

56, 734
61, 004 1918.. 111, 700
51, 147 1919. .116, 600
60, 585 1920 . 124, 800
1921.. 125, 400
51 24, 424 25, 618 25, 311 58, 446 44, 791 50, 450 1922.. 123, 300
60 26, 915 21, 947 29, 471 56, 172 40, 866 58, 481
56 25, 024 19, 146 30, 799 63, 733 40, 241 51, 586 1923.. 129, 100
56 29, 591 19, 358 26, 484 55, 476 39, 350 55, 719 1924.. 135, 700
1925.. 137, 300
427, 016 370, 654 371, 564 712, 843 598, 156 650, 392 1926. _ 139, 800
58 35, 585 30, 888 30, 964 59, 404 49, 846 54, 199 1927.. 144, 800
1928.. 147, 400
57, 017
62, 506
58, 220
56, 904

NEW ORDERS

Rail- MisRail- Misway celway celTotal speci- lane- Total speci- lanealties ous
alties ous

Short tons

January
February
March
April

September
October..
November
December

46, 979
48, 856
44, 799
50, 262

38, 500
38,700
42, 200
42, 400
46, 400

49, 300
50, 000
50, 300
55, 600
60, 800

60, 764
45, 814
66, 501
106, 454
95, 457

30, 638
22, 857
31, 537
59,002
40, 379

30, 126 69 80
22,957! 52 59
34, 964! 72 75
47, 452 109 139
55, 078 89 87

61
46
79
85
91

46, 400
46,600
51, 800
51, 800
54, 300

65, 300
70, 000
73, 000
73, 600
69, 000

113, 971
48, 171
83, 113
32, 680
83, 335

51, 084
16, 788
35, 803
14, 370
43, 480

62, 887! 102 110
31, 383 41 36
47, 310 67 69
18, 310 26 28
39, 855 68 80

96
45
65
25
58

57, 300
61, 500
61, 600
63, 500
66, 600
67, 700

71, 800
74, 200
75, 700
76, 300
78, 200
79, 700

97, 303
83, 413
81, 778
86, 640
76, 910
83, 357

46, 539
43, 090
35, 304
33, 745
32, 008
32, 489

50, 764
40, 323
46, 474
52, 895
44, 902
50, 868

75
61
60
62
53
57

81 71
70 54
57 61
53 69
48 57
48 64

i Compiled by the 17. <S. Department of Commerce, Bureau of the Census, from reports of 130 identical firms, including reports collected through the Steel Founders'
Society. These firms have a monthly capacity of 147,400 tons, at present representing over 80 per cent of the capacity of the industry for commercial castings (as distinguised
from castings used in further manufacture in the same plant), of which 67,700 tons is usually devoted to railway specialties and represents the complete capacity of that
branch, while 79,700 tons is generally devoted to miscellaneous castings. New orders for 1925 were 6 per cent larger than the production of direct steel castings manufactured
for sale and interplant transfer by steel works and rolling mills, and represented 83 per cent of the total of these direct steel castings and of steel castings manufactured in the
foundry and machine shop industry according to the census of manufacture for 1925. Railway specialties include such items as bolsters, side arms, draft arms, couplers,
and cast steel car wheels. Owing to reports from additional firms, these figures represent revisions of those shown in the Record Book of Business Statistics, Metals ana
Machinery Section. This table revises all data previously shown on this subject in the SURVEY OF CURRENT BUSINESS.




20
STEEL BOILERS, NEW ORDERS
GRAND TOTAL

TOTAL

HORIZONTAL
RETURN
TUBULAR

WATER TUBE

MONTH

1927

1928

1927

1927

1928

1928

1927

1928

STEEL
HEATING

1927

MISCELLANEOUS

1928

1927

1928

Number
1,244
1,171
1,462
1,567

1,328
1,236
1,682
1,765

1,229
1,137
1,440
1,539

114
110
132
121

84
98
132
132

115
106
199
188

89
87
113
106

559
595
853
1,059

769
682
859
1,020

13
5
11
19

19
4
16
13

1,672
1,795
1,822
1,907

1,836
1, 887
1,932
2,018

1,663
1,773
1,770
1,881

1,828
1,861
1,911
2,001

122
147
113
142

114
138
138
122

169
194
189
191

141
156
148
199

1,064
1,071
1,088
1,135

1,269
1,215
1,299
1,288

7
6
16
11

13
9
8
18

_ _ _ _

_

1,347
1,250
1,700
1,775

- -

January
February
March
April

1,597
1,538
1,459
1,246

1,749
1,803
1,660
1,343

1,575
1,529
1,445
1,223

1,731
1,793
1,650
1,321

79
72
97
80

104
86
95
72

174
124
116
117

135
160
108
71

1,023
1,062
944
750

1,151
1,195
1,055
883

11
11
18
14

17
6
43
8

19,108
1,592

19, 672
1,639

18, 870
1, 573

19, 441
1,620

1,329
111

1,315
110

1,882
157

1,513
126

11, 203
934

12,685
1,057

142
12

174
15

- _
- - - -

May
June
July
August

-

September
October
November
December - -

-

Total
Monthly average

Thousands of square feet
Januarv
February
March
April
May
June
July
August

September
October
November
December

1,431
1,488
1,665
1,645

993
1,285
1,470
1,460

1,411
1, 462
1,634
1,639

974
1,084
1,448
1,406

672
795
714
714

347
525
725
595

133
142
217
233

141
123
132
128

255
286
419
522

359
320
437
536

6
2
4
9

12
1
9
9

1,529
1,524
1,984
1, 825

1,661
1,666
1,738
1,691

1,526
1,500
1,554
1,763

1,654
1,635
1,683
1,677

677
581
537
739

770
649
587
560

187
240
244
237

176
188
198
233

504
526
549
566

568
568
685
632

2
2
9
5

3
5
4
8

1,327
1,088
1,266
1,024

1,453
1,500
1,460
1,308

1,308
1,079
1,257
1,011

1,418
1,482
1,454
1,230

445
338
534
396

436
514
593
609

220
153
133
142

154
193
131
87

495
468
445
326

591
567
497
392

9
9
14
7

8
2
11
4

17, 796
1,483

_

_ _ _

17, 685
1,474

17, 144
1,429

17, 145
1,429

7,142
595

6,910
576

2,281
190

1,884
157

5,361
447

6,152
513

78
7

76
6

-

-

. . --

_. -

Total
Monthly average

•

1
Compiled by the U". S. Department of Commerce, Bureau of the Census, from reports of 72 firms estimated to represent about 90 per cent of the capacity of the industry.
Data for classifications included in these totals, covering the principal types of stationary and marine boilers are given in press releases. This table revises all data previously
shown on this subject in the SUEVEY OF CURRENT BUSINESS and in the Record Book of Business Statistics, Metals and Machinery Section.

MALLEABLE CASTINGS 1
[Short tons]
1923

1924

1925

1926

1927

MONTH

1928

1923

- .
76, 818
75, 810
68, 306
80, 030
71, 654
74, 724
63, 057
58, 488
2 568, 887
271,111

75, 550
77, 203
80, 600
66, 923
57, 583
39, 985
36, 562
40, 188
45, 105
54, 638
51, 862
63, 523
689, 722
57, 477

71, 188
64, 825
65, 889
67, 608
65, 714
63, 343
61, 727
61,042
62, 798
73, 195
65, 248
70, 622
793, 199
66, 100

1926

1927

1928

Ratio to capacity (per cent)
66, 776
71, 161
80, 116
72, 241
65, 106
66, 358
60, 384
62, 218
63, 399
62, 321
50, 946
55, 561
76, 587
64, 716

56, 627
62, 335
72, 205
64, 612
62, 747
64, 310
53,046
57, 096
50, 807
52, 458
46, 698
53, 824
696, 765
58,064

61, 072
65, 359
70, 070
63, 380
67,003
67, 090
60, 290
68,606
62, 665
70, 054 .
63, 560
59, 432
779, 481
64, 957

73.6
69.2
61.1
68.7
62.1
63.6
52.6
47.7

62.7
65.2
68.5
56.6
48.9
34.1
31.0
33.9
38.0
45.6
43.4
52.9

262.3

48.4

SHIPMENTS
January
February
March
April
May
June
July
August
_
September
October
November
December
Total
Monthly average

1925

PRODUCTION
Total

January
February
March
April
May
June
July
August
September
October
November
December
Total
Monthly average

1924

75, 214
75, 565
70, 470
76, 522
59, 649
71, 619
59, 498
55, 450
2 543, 987
2 67, 998

77, 261
70, 257
73, 916
65, 361
62, 263
44, 213
42, 109
40, 601
44, 055
49, 417
47, 934
56, 112
673, 499
56, 125

63, 980
65, 135
71, 199
70, 829
69, 721
67, 668
62, 573
60, 242
62, 347
69, 100
64,043
67, 337
794, 174
66, 181

60, 817
68, 628
76, 151
72, 322
64, 379
68, 128
60, 552
62, 420
60,067
58, 993
49, 618
49, 663
751, 738
62, 645

58.9
53.9
54.8
56.4
55.2
52.7
51.3
50.6
52.2
61.8
55.8
59.9

57.4
61.1
68.9
62.7
56.9
57.3
52.9
54.6
56.4
55.5
45.9
49.4

52.0
57.8
65.7
59.1
57.2
58.5
49.3
52.4
47.6
50.0
44.4
51.2

62.7
66.8
73.0
66.0
70.7
69.9
63.1
72.1
66.3
73.4
66.8
63.4

55.3

56.6

53.8

67.9

61, 597
68, 767
66, 376
64, 427
57, 311
54, 456
53, 484
51, 368
46, 161
48,062
43, 202
57, 579
672, 790
56,066

62, 328
64, 419
70, 288
62, 056
63, 847
61, 071
60, 964
66, 128
61, 163
65,780
59, 664
61, 319
759, 027
63, 252

NEW ORDERS
54, 747
60, 775
71, 609
66, 811
63, 385
62, 316
54, 240
57, 193
52, 722
48, 724
44, 983
49, 989
687, 494
57, 291

55, 432
61, Oil
71, 224
65, 001
65, 823
66, 737
60, 084
66, 962
61, 736
63, 510
58, 346
56, 861
752, 727
62, 727

65, 232
52, 451
51, 976
54, 731
48, 958
63, 893
50, 438
56, 828
» 444, 507
2 55, 563

88, 232
76, 221
72, 319
56, 645
39, 705
30, 191
35, 941
38, 548
53, 163
59, 946
53,304
62, 249
666, 464
55, 539

67, 312
55, 638
64, 619
66, 360
59, 232
55, 693
65, 220
56, 511
58, 098
75, 039
63, 895
63, 144
750, 761
62, 563

74, 545
67, 188
69, 174
63, 096
59, 109
55, 796
52, 455
62, 264
57, 155
55, 085
47, 345
49, 558
712, 770
59, 398

i Compiled by the U. S. Department of Commercet Bureau of the Census, representing reports from 137 establishments covering most of the industry. New orders were

furnished by 133 firms. This table revises all data on malleable castings previously shown, on this subject, in the SURVEY OF CURRENT BUSINESS and the Record Book of

Business Statistics, Metals and Machinery Section.
1
http://fraser.stlouisfed.org/Eight months.
Federal Reserve Bank of St. Louis

21
AGRICULTURAL MACHINERY :
[Relative numbers, 1923-35 monthly aver age=100]
SHIPMENTS
PRODUCTION

Total

MONTH
1933

1934

1925

1926

1927

1923

1928

1924

1925

1927

1926

1928

January.
February
March.
April

108.9
113.5
118.0
118.1

96.1
98.9
97.4
98.5

98.5
103.6
106.6
105.8

130.7
130.7
133.4
133.5

119.6
121.4
119.1
122.7

130.7 72.4 69.9 86.4 119.0 103.7
136.5 79.5 93.2 103.2 152.2 140.4
143.9 107.2 109.0 135.6 176.4 187.4
148.3 101.3 105.1 138.4 146.3 152.3

May.
June
July
August _

115.9
108.0
103.3
95.6

88.6
80.1
74.6
76.3

104.9
103.4
101.9
108.0

129.4
125.8
122.8
122.6

119.3
116.7
113.8
115.6

146.0
142.6
142.5
146.1

91.8
90.2
92.9
92.9

79.6
79.3
87.6
92.6

114.9
112.9
116.9
127.0

122.3
118.8
118.5
117.1

106.2
112.4
115.0
127.5

145.5
148.5
154.6
159.1

95.8 101.1 132.0 123.5 157.2 179.2
81.7 79.6 104.9 84.7 121.5 153.4
60.5 64.3 84.5 77.0 87.3 108.2
63.4 73.0 103.8 82.8 90.7 124.3

145.4

92.1

89.8 118.2 134.0 141.1 174.2

September
October.
November
December

Mo. av.._ 104.1 87.2 108.7 125.5 117.4

107.6 88.2 121.9
113.0 90.6 126.3
109.2 98.7 138.0
113.5 104.4 142.9

Foreign

Domestic

154.1
180.7
156.4
154.3

149.1
167.6
158.5
177.6

1923

1921

1925

1926

1927

115.7 81.5 75.1 85.6 119.4 105.6
168.8 86.7 97.4 108.9 147.4 133.5
216.0 117.8 107.3 142.8 176.7 185.1
187.2 107.0 100.4 137.8 147.5 154.8
186.6
219.3
211.7
21(9.7

108.9 91.0 126.6
118.6 95.2 133.9
112.7 105.0 141.9
102.9 105.3 135.7

1928
116.8
159.4
216.8
184.4

1923

1924

1925

24.6 42.5 90.8
42.1 70.8 73.1
52.1 118.3 98.0
71.2 129.6 141.4

1926

1927

1928

116.9 93.5 109.9
177.3 176.2 218.2
175.0 199.8 211.4
140.3 139.2 201.8
124.0
123.0
158.8
234.0

188.3
202.7
241.0
387.5

76.4
76.5
59.2
61.3

96.5 114.4 112.4 134.4 145.7 197.5 125.3 233.8 182.1 277.0
77. 4 100.9 81.8 110.7 129.1 109.4 91.2 125.7 99.8 178.0
63.4 81.0 68.4 80.0 79.6 67.1 69.2 103.0 121.9 125.6
71.7 95.4 80.4 82.4 88.9 74.3 79.7 147.9 95.8 133.8

354.0
280.3
257.4
294.0

92.5

90.5 117.1 132.1 136.8 160.3

155.9
191.4
162.5
141.8

153.9
176.2
158.5
166.8

186.2 100.9 73.9 96.9 144.4
222.5 83.9 66.4 86.3 124.4
206.1 90.4 65.7 117.6 124.5
187.5 169.3 99.5 180.4 219.7

90.2

86.0 123.7 143.5 163.6 245.5

i Compiled by the Federal Reserve Bank of Chicago covering 83 manufacturers estimated to represent 80 per cent of the industry. The production figures are based on
the employment data of 82 firms and the figures on the value of goods shipped by 83 firms (56 reporting foreign shipments). The total shipment group is made up of three
separate groups, the heavy, light, and barn equipment groups. The heavy group is comprised of threshers, tractors, and combines; the light group consists of all classes of
agricultural machinery and equipment not included in the heavy machinery and bayn equipment groups. For the 3-year period, July, 1925, to June, 1928, inclusive, the
average distribution of total sales were as follows: Heavy group, 45.1 per cent; light group, 52.7; and barn equipment, 2.2. Details for each class, segregated as to foreign
and domestic shipments, are shown separately in the monthly summaries of the Federal Reserve Bank of Chicago. These data revise all previously shown, on this
subject, in the SURVEY OF CURRENT BUSINESS and the Record Book of Business Statistics, Metals and Machinery Section.

ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFACTURES, 1927
VALUE OF PRODUCTS

INDUSTRY

Pei1925
1927
cent
inThousands of
crease
dollars
(2)
80, 151
8.7
87, 129

Acids
Adding machines, calculating
machines, and cash registers _. 106, 845 98, 384
123, 557 127, 831
Aluminum manufactures
3,021
3,216
Artificial limbs.. .,
162, 950 175, 082
Bags, other than paper
Buttons
32, 458
29, 130
Clay products and nonclay re429, 972 444, 808
fractories
85, 392 81, 790
Clocks, watches, and parts
Cloth hats and caps. .
41, 214 43, 823
Compressed and liquified gases
46, 003
50, 547
C onf ectionery
391, 927 379, 081
Cast-iron pipe
95, 089 100, 919
Cordage and twine, jute goods,
122, 736 139, 122
and linen goods. __ .
Corsets and allied garments
77, 218 77, 115
Cutlery (not including silver
and plated cutlery) and edge
tools
_
_
76, 688 80, 263
Brooms,
18, 445
21, 714
10, 904
Domestic oil burners
_._
110, 309
95, 420
Druggists' preparations
Explosives __
69, 669
72, 490
33, 971 57, 706
Ethyl alcohol
Felt goods
41, 895 43, 776
Bone black, carbon black, and
lamp black .
14, 262
14, 565
Files
12, 974
13, 541
Cottonseed products
275, 651
4,588
4, 536
Flags and banners
Fertilizers
_..
190, 385 206, 773
Flavoring extracts and flavor94, 212
ing sirups
107, 219
Excelsior
___ _ _ _ _ _ _
4,821
4,901
Fountain and stylographic pens. 23, 255 24, 035
Bread and other bakery prod2
ucts
1, 377, 731 1, 268, 195
Fur-felt hats
99, 300
80, 066
Furniture, store and office fixtures
879, 706 868, 146
Lithographing .
97, 050 98, 721
Generators, transformers, mo115, 130 110, 185
tors, and electric fans
208, 254
Hardware
Glue and gelatin
31, 196
25, 764
31, 588
Handkerchiefs
3,571
Gold leaf
3,746
Lumber and timber products. _. 1, 214, 646 1, 421, 162
Icecream
301, 512 286, 176
58, 163
57, 666
Ice refrigerators
8,810
10,114
Jewelry and instrument cases. __
Macaroni, spaghetti, vermi45, 353 43, 489
celli, and noodles,.
7,203
6,019
Manufactured fuel. _.
164, 865 166, 816
Jewelry
184, 290 186, 969
Manufactured ice .

PERSONS EMPLOYED

1927

1935

Number

Per
cent
increase
(2)

8.6
-3.3
6.4
-6.9
-10.3

14, 372
14, 798
592
11, 164
9,642

13, 296
14, 353
562
11, 404
11,513

8.1
3.1
5.3
-2.1
16 3

-3.3
4.4
-6.0
9.9
3.4
-5.8

25, 822
6,250
38, 549
63, 163
22, 892

25, 841
6,552
36, 299
63, 600
23,033

-0.1
-4.6
6.2
-0.7
-0.6

-11.8
0.1

22, 972
13, 778

24, 319
14, 525

-5.5
-5.1

-4.5
-15.1

17, 178
4,450

16, 407
4,725

4.7
-5.8

15.6
4.0
-41.1
-4.3

10, 138
5,803
1,180
5,452

-2.1
-4.2

9,685
4.7
5,697
1.9
1,395 -15.4
5.9
5,146

1,553
3,948
18, 384
-1.1 1,046
-7.9 18, 612

1,505
4,209

3.2
-6.2

1,031
19, 644

1.5
-5.3

5,011
1,272
3,360

3,890
1,300
3,490

28.8
-2.2
-3.7

8.6 171, 899 160,411
24.0 15, 927 15, 156

7.2
5.1

1.3 186, 303 180, 895
-1.7 16, 348 16, 957

3.0
-3.6

13.8
-1.6
-3.2

4.5

21.1
-4.7
-14.5
5.4
0.9
-12.9
4.3
19.7
-1.2
-1.4

47, 834
3,226 3,325
30
6,659
1,148 -0.2
1,146
418, 166 467, 090 -10.5
21,912 23, 043 -4.9
9,551 9,360
2.0
2,673 2,748 -2.7

4,587
274
24, 116
22, 089

4,560
0.6
246
11.4
23, 837
1.2
24, 915 -11.3

VALUE OF PRODUCTS

INDUSTRY

Per
1927
1925
cent
inThousands of
crease
dollars
(2)
134, 343 93, 636 43.5
98, 834
96, 514
21, 718
27, 588 -51.9
13, 264
1.7
19, 489
19, 170

Motion pictures
Mattresses and bed springs
Mechanical refrigerators
Men's straw hats
Men's collars, _
Mirror and picture frames
Metal doors, shutters, and win50, 078
dow sash and frames.-65, 280
Motor-vehicle bodies and motor-vehicle parts
1, 151, 426 1, 523, 280
Mirrors
31, 425 34, 949
Musical instruments
75, 491 101, 181
Millinery
209, 495
Nitrogen and fixed-nitrogen
compounds
29, 659
25, 254
Paper and wood pulp
1, 138, 090
Peanuts, walnuts, and other
nuts, processed
55, 647
Phonographs
94, 816
61, 057
Plated ware.
56, 720 54, 330
Potassium compounds
9,228
6,071
Rice cleaning and polishing
54, 130
53, 498
Rubber goods, other than tires,
inner tubes, and boots and
shoes.. -_.
230, 646 219, 869
Saddlery and harness
30, 084
27, 356
Safes and vaults, not including
20, 277
18, 440
burial vaults
Saws
22, 628 24, 709
Silversmithing and silverware .. 30, 204 32, 532
22, 032
Soda-water apparatus ___
23, 929
Shirts _ _
241, 650 225, 963
Sodium compounds
_ _ _ 109, 632 109, 522
Slaughtering and meat packing,
wholesale
3, 057, 216 3, 050, 286
Stereotyping and electrotyping.
25, 549
22,361
Stoves and ranges, domesticheating apparatus, and steam
fittings
483, 444 493, 233
Suspenders, garters, and other
elastic woven goods
26, 985 27, 504
Tin plate and terneplate
193, 894 190, 918
Textile machinery and parts
117,018 121, 653
Tin cans and utensils
253, 479 260, 360
Tin and other foils, not including gold and silver; collapsible
tubes
32, 302 30, 060
Tobacco pipes
7,274
7,299
Umbrellas, parasols, and canes ._
23, 157
27, 299
Wall plaster, wall board, and
floor composition
83, 856 90, 957
Washing machines, wringers,
driers, and ironing machines,
74, 951 69, 568
for household use
Wood turned and shaped and
42, 091 35, 491
other wooden goods

30.4

PERSONS EMPLOYED

Per
cent
inNumber
crease
(2)
8, 415
5,573 51.0
13, 474
11, 285
3,263
3,270 7,187 -54.5
4,460 4,230
5.4

1927

8,042

1925

6,791

18.4

-24.4 181,489 228, 382 -20.5
-10.1 4,308 4, 153
3.7
-25.4 16, 582 20, 079 -17.4
33, 311
-18.2

123, 360
55.3
4.4
52.0
1.2

7,345
14, 066
11,752

11, 267
11, 290

24.8
4.1

1,524

1,296

17.6

4.9 36, 876
-9.1 4,023

41, 886 -12.0
4,570 -12.0

-9.1
-8.4
-7.2
8.6
6.9
0.1

3,616 -6.4
4,710 -11.2
5,587 -12.4
2,372 19.6
49, 864
14.7

3,386
4.182
4,896
2,838
57, 216

0.2 119, 095 120, 422
14.3
4,502 4,283

-1.1
5.1

-2.0

87,664

89, 774

-1.9
1.6
-3.8
-2.6

4,061

3,835

5.9

26, 155
29, 721

27, 869
29, 901

-6.2
-0.6

7.5
-0.3
-15.2

3,642
1,807
3,308

-7.8

10, 014

-2.4

3,618
0.7
1,970 -8.3
3,731 -11.3
10, 978

-8.8

7.7

7,789

7,077

10.1

18.6

11, 856

10, 352

14.5

1 Compiled by the U". <S. Department of Commerce, Bureau of the Census, from reports collected in connection with the census of manufactures. Data for other indus
tries2 will appear as they are completed. Statistics in greater detail may be obtained from the bureau's preliminary statements on the respective industries.

A minus
 sign (—) denotes decrease.


22

TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1929), in which monthly figures for 1927 and 1928 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations or relative numbers, including base periods, see introduction
on inside front cover.
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey" .tfrgfrfrbJaifarA

August

September

1929

October November

December

PER CENT INCREASE (+) OR
DECREASE (— )

1928

January

January

Jan.,
1929,
from
Dec.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

Jan.,
1929,
from
Jan.,
1928

1927

1928

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

TEXTILES
Wool
Eeceipts at Boston:
Total
thous. of lbs._
Domestic
thous. of lbs._
Foreign
thous. of lbs__
Imports:
In condition imported- _
thous. of lbs._
Grease equivalent
thous. of lbs._
Consumption by textile mills,
grease equivalent
thous. of lbs_.
Stodks, grease equivalent, end of quarter:
Total
thous. oflbs—
Held by manufacturers
_thous. oflbs..
Held by dealers
_ thous. of lbs._
Machinery, activity, hourly:
LoomsWide
per ct. of hours active-Narrow
. per ct. of hours active..
Carpet and rug
per ct. of hours active..
Sets of cards
per ct. of hours active. _
Combs
_.per ct. of hours active. .
Spinning spindlesWoolen
.per ct. of hours active..
Worsteds
per ct. of hours active. .
Prices:
Raw, territory, fine, scoured .dolls, perlb..
Raw, Ohio and Pa. fleeces,
Y± blood, combing, grease.-.dolls. per lb._
Worsted yarn
._ _ dolls, per lb_.
Women's dress goods, French
serge, 39-in
dolls, per yd..
Suiting 13-oz
dolls, per yd
Cotton
Receipts into sight
thous. of bales
Imports, unmanufactured _.
bales. _
Exports, unmanufactured
(including linters)
bales..
Consumption by textile mills
bales. .
Stocks, domestic, end of month:
Total, mills and w'houses— thous. of bales. _
Mills
thous. of bales..
Warehouses
_
thous. of bales..
Stocks, world visible, end of month:
Total
thous. of bales _
American
thous of bales
Prices:
To producer
dolls, per Ib.
In New York middling
dolls, per Ib

29, 720
25, 802
3,918

10, 315
7,156
3,159

8,090
4,598
3,492

12, 746
9,322
3,424

14,524
7,293
7,231

19, 673
4,532
15, 141

17, 281 +35.5
8,044
-37.9
9,237 +109. 4

+13.8
-43.7
+63.9

343, 549
219, 189
124, 360

300, 892
210,521
90,371

-12.4
-4.0
—27.3

14, 472
16, 078

14, 510
17, 015

20, 730
24,193

15, 587
18, 488

20, 293
24, 411

36, 523
38, 835

24, 759
28,353

+80.0
+59.1

+47.5
+37.0

266, 659
304, 825

244, 603
278, 255,

-8.3
-8.7

43,492

51, 477

50, 079

45,888

54, 031

45, 087

551, 529

538, 354'

-2.4

16, 211
411, 217

16,069
342, 996

-0.9
-16.6

9, 477, 744
7, 405, 021

8,731,933
6, 575, 685

45, 103

+17.7

+19.8

3 303, 668
3 168, 458
a 135, 210

2 309, 566
2
152, 394
2
157, 171

2 369, 816
2
158, 346
2
211, 470

-16.3
-3.8
-25.7

+1.9
-9.5
+16.2

55
48
63
77
65

59
53
62
85
74

67
66
67
93
82

70
66
68
89
81

69
55
62
83
74

69
63
65
84
83

62
52
68
78
75

0.0
+14.5
+4.8
+1.2
+12.2

+11.3
+21.2
-4.4
+7.7
+10.7

74
58

80
62

88
68

85
72

80
66

82
69

78
66

+2.5
+4.5

+5.1
+4.5

1.14

1.14

1.10

1.12

1.14

1.12

1.17

.54
1.60

.54
1.58

.54
1.58

.55
1.55

.55
1.58

.55
1.58

.50
1.43

0.0
0.0

1.03
2.008

.99
2.008

.98
2. 008

.98
2.008

.98
2.008

.98
2.008

1.00
1.935

0.0
0.0

-2.0
+3.8

509
25, 258

2,027
18, 508

3,927
27, 840

2,902
39, 213

2,343
39, 630

1,112
54, 939

915
41, 445

-52.5
+38.6

+21.5
+32.6

814, 569 1, 251, 966 1, 451, 505 1, 088, 253
534, 352
492, 221
610, 884
618, 788

815, 871
668, 389

728, 935
586, 142

-25.0
+25.1

+11.9
+14.0

259, 489
526, 729

-1.8

-4.3
+10.0
+10.5

1,971
782
1,189

3,366
720
2,646

5,831
1,195
4,636

6,820
1,567
5,253

7,056
1,741
5,315

6,383
1,768
4,615

6,722
1,709
5,014

-9.5
+1.6
-13.2

-5.0
+3.5
-8.0

3,480
1,790

4,114
2,563

6,198
4,645

7,130
5,438

7,766
5,900

7,607
5, 510

7,163
5,470

-2.0
-6.6

+6.2
+0.7

.188
.193

.176
.185

.181
.196

.178
.199

.180
.205

.179
.202

.186
.190

-0.6
— 1.5

-3.8
+6.3

28, 244
7,431
209
87.7

28, 277
6,961
196
90.6

30, 315
8,694
246
103.9

30, 597
8,524
241
108.1

30, 622
7,711
219
99.1

30,758
9,225
261
111.6

31, 717
8,263
227
101.0

+0.4
+19.6
+19.2
+12.6

-3.0
+11.6
+15.0
+10.5

14, 046
11, 574
27, 044

18, 839
10, 248
34, 836

17, 621
8,476
39, 041

18, 675
8,568
44, 752

20, 157
8,204
43, 618

18,311
8,836
43, 246

18, 934
13, 444
38, 287

-9.2
+7.7
-0.9

—3 3
-34.3
+13.0

.369
.514

.358
.501

.372
.495

.375
.511

.378
.506

.382
.510

.369
.523

+1.1
+0.8

+3 5
-2.5

284, 899
401, 953
307, 402
394, 742
492, 556
282, 763

341, 841
375, 163
347, 949
388, 634
519, 770
348, 712

279, 207
225, 189
276, 098
391, 743
468, 861
363, 206

342, 806
317, 078
345, 354
389, 195
440, 585
403, 300

297, 669
194, 114
266, 947
367, 223
313, 893
401, 676

+22.8
+40.8
+25.1
-0.7
-6.0
+11.0

+15.2
+63.3
+29.4
+6.0
+40.4
+0.4

3,676
56, 087 1

4,389
54, 248

5,840
50, 661

6,069
51, 337

6,472
34, 963

+3.9
+1.3

-6.2
+46.8 1

-7.9
-11.2

Cotton Yarn
Machinery activity of spindles:
Active spindles _ _ .
thousands. .
Total activity
millions of hours
Activity per spindle
hours
Ratio capacity. _
per cent..
Carded sales yarn:
Production
thous of Ibs
Stocks, end of month
thous. of lbs._
Unfilled orders, end of mo thous. of Ibs
Prices:
22/1 cones, Boston
dolls, per Ib
40/ls, southern spinning
dolls, per Ib

214, 544

Cotton Goods
Cotton textiles:
302, 470
Production
thous. of vds
253, 688
New orders.._
__thous. of yds._ 340, 810 387, 151
324, 073
Shipments
thous. of yds
278, 110
441, 667
Stocks, end of month
thous. of yds
417, 245
Unfilled orders, end of mo... thous. of yds._ 288, 964 398, 005
Fine cotton goods, production..
pieces ._
136, 237
113, 627
Cotton cloth:
3,753
Imports
thous. of sq. yds_.
3,139
43, 928
Exports
thous. of sq. yds._
34, 694
2
Quarter ending in month indicated.




3 Quarter ending Dec. 31,1927.

3, 334, 232
3, 302, 466
3, 261, 613

3,563,096
3, 589, 989
3, 507, 854

+6.9
+8.7
+7.5

5, 770, 419

3, 135, 814

-45.7

63, 016
551, 846

61,248
524, 525

-2.8
-5.0

23

TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulative* shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

1939

November

December

January

PEE CENT INCREASE (+) OE
DECEEASE (— )

1938

January

Jan.,
1929
from

Dec.,
1928

Jan.,
1929
from
Jan.,
1928

CUMULATIVE TOTAL
FBOM JAN. 1 THBOUGH
DEC. 31

1937

1938

erct.
increase
(+X
or decrease!
(-).I
cumulative!
1928
from
1927

TEXTILES-Continued
Cotton Goods— Continued
Fabric for tire manufacture,
consumption. __
thous. of lbs_.
Elastic webbing, shipments
thous. of dolls..
Prices:
Print cloth, 64 x 60
dolls, per 3^..
Sheeting, brown
dolls, per yd__
Cotton goods (Fairchild), rel. to 1911-1913..

21, 854
1,399

17, 797
1,478

20, 295
1,624

17, 038
1,462

15, 373
1,260

1,412

16,040
1,159

.075
.091
163

.074
.089
160

.078
.090
163

.078
.090
164

.078
.091
165

.076
.090
165

.080
.098
166

-2.6
-1.1
0.0

-5.0
-8.2
-0.6

70, 748
71, 743
46, 283
35, 819
54
4.4

69, 805
74,483
45, 767
33, 410
61
6.0

83, 935
87, 175
50,984
32,046
66
6.0

82, 700
82, 657
49, 136
36, 566
65
5.5

79, 112
74, 417
47, 587
38, 678
62
5.6

82,518
87, 082
54, 576
36, 374
65
5.6

68, 737
75, 665
44, 673
40, 751
62
4.7

+20.0
+15.1
+22.2
-10.7
+4.8
+19.1

54, 495
74,682

66, 079
75, 161

77, 320
73,687

76, 289
79, 437

73, 753
83, 995

82, 259
80,212

49,826

+4.3
+17.0
+14.7
-6.0
+4.8
0.0
+11.5
-4.5

9,320
50, 821

7,202
47, 797

8,272
49, 940

7,441
47, 709

7,631
45, 026

9,105
57,349

7,405
52,420

+19.3 +23.0

50, 975
24,429

50, 464
22, 786

49, 381
26, 676

49, 806
25, 373

48,908
22, 836

49, 943
25, 778

47, 528
26,700

89.8
54.1
52.1

92.7
54.0
66.9

102.0
50.5
69.3

94.5
51.8
60.3

92.7
52.6
58.5

94.7
48.0
61.0

94.6
50.7
77.3

4.851
1.16

5.096
1.16

5.145
1.16

5.047
1.16

4.998
1.16

4.998
1.16

5.145
1.19

+2.1 +5.1
+12.9 -3.5
+2.2 +0.1
-8.7 -5.3
+4.3 -21.1
0.0 -2.9

1,248
2,976
1.50

924
2,814
1.50

1,238
2,663
1.50

1,004
2,434
1.50

1,759
2,850
1.50

1,707

1,366
2,915
1.50

2,045
1,895
666

1,601
1,852
647

1,562
1,884
711

1,515
1,543
463

1,758
1,501
304

2,207
2,021
269

394
360

385
358

404
340

4343
<297

274
262

354
294

159

161

174

<230

263

99

43,474
4 3, 735
48,656
43,207
4
4,079

3,255
3,755
8,128
3,810
3,957

3,852
4,166
7,849
4,342
3,888

3,810
4,144
7,699
4,751
4,609

3,002
3,360
7,510
3,386
4,403

3,578
3,033
7,983
3,109
5,380

1,098
1,306
1,570
1,236

1,016
1,402
1,370
1,213

1,297
1,514
1,228
1,483

4
<
4
4

1, 147
1, 168
1, 164
1, 163

4951
4873
4 1, 210
*819

1,041
937
1,253
1,428

1,022 +9.5
917 +7.3
1,202 +3.6
1,309 +74.4

+1.9
+2.2
+4.2
+9.1

1,896

1,696

1,645

41,605

4 1, 508

1,987

2,313 +31.8

-14.1

47, 766
20, 657

43,617
21,004

30,874
25, 615

31, 503
25,651

51,656
36,496

57, 109
34, 109

48, 922
39, 268

5,596
4,241
3,853

4 844
3,914
4,561

5,712
4,499
3,824

5,366
4,419
3,316

4,763
3,875
3,543

5,389
4,303
4,286

4,093
3,077
3,609

12, 110

10,244

12,576

7,960

5,553

7,081

43.6
10, 746

47.7
10,593

51.0
10,621

53.0
10,815

44.6
10,865

48.8
10,902

+12.1 +21.8

177, 979

222, 246 +24.9
16, 725

1,013,493
980, 525
593, 138

901, 194 -11.1
891, 586 -9.1
558, 750 -5.8

Cotton Finishing
White, dyed and printed (outside mills):
Billings, finished goods
.thous. of yds._
New orders, gray yardage.. -thous. of yds._
Shipments, finished goods
.cases. _
Stocks, finished goods, end mo
cases..
Operating activity
per ct. of capacity..
Unfilled orders, end of month
days..
Printed only (mills and outside):
Production
thous. of yds..
Stocks, end of month
thous. of yds..
Silk
Imports, raw
thous. of lbs._
Deliveries (consumption)
bales. _
Stocks, end of month:
At warehouses
bales..
At manufacturing plants
bales..
Silk machinery activity:
Broad looms. _
per cent of normal. .
Narrow looms
per cent of normal. _
Spinning spindles
per cent of normal. .
Prices:
Raw, Japanese, 13-15, N. Y_ .dolls, per lb__
Silk goods, Fairchild index. .dolls, per yd..

+27.4

+65.1

+9.4

i.o

+25.0

86,379
551, 379

88,353
571, 010

+2.3
+3.6

-2.5

-3.0

794, 192

Rayon
Imports . . . .
thous. of lbs._
Stocks, bonded, end of month — thous. of lbs_.
Price, 150 denier, A grade, N. Y_. dolls, per lb_.

16,210

12,880 -20.5

24,291
24,752
5,579

22,564 -7.1
21,844 -11.7
5,147 -7.7

Clothing
Men's and boys' garments cut:
Suits..
thous. of garments..
Separate trousers
thous. of garments..
Overcoats
•.
thous. of garments..
Overalls:
Cut
thous. of dozen garments..
Net shipments.. thous. of dozen garments..
Unfilled orders
end of mo
thous. of dozen garments..

4,327
3,801

Hosiery
Production
thous. of dozen pairsNet shipmentsthous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs..
New orders
thous. of dozen pairs. _
Unfilled orders, end of mo. thous. of dozen pairs..

44,985
45,357

41,230
42, 160

-8.3
-7.0

46,908

42, 616

-9.1

Knit Underwear
Production _ _
thous. of dozen garments
Net shipments
thous. of dozen garments
Stocks, end of mo.. -thous. of dozen garments..
New orders _ _
thous. of dozen garments
Unfilled orders, end
of month
thous. of dozen garments..
Burlaps and Fibers
Imports:
Burlaps...
thous. of lbs__
Fibers (unmanufactured)
long tons

12, 738
13,245

13, 171
13, 340

+3.4
+0.7

13,482

13, 164

-2.4

+10.6 +16.7
-6.5 -13.1

569, 671
303,598

619, 969
313,715

+8.8
+3.3

+13.1 +31.7
+11.0 +39.8
+21.0 +18.8

42,713
32,682

61, 134 +43.1
47, 995 +46.9

170,723

134,088 -21.5

Pyroxylin Coated Textiles
Pyroxylin spread..
_
.. thous. of Ibs
Shipments billed
thous. of linear yards
Unfilled orders, end mo. thous. of linear yards..

Fur
sales by dealers..

thous. of dollars..
Buttons

Fresh-water pearl buttons:
Production
..ratio to capacity. .
Stocks, end of month
thous. of gross..
«Revised.




24
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

1939

October

November

December

PER CENT INCREASE (+) OR
DECREASE (-)

1938

Jan.,
1929
from
Dec.,
1928

January January

Jan.,
1929
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1937

1938

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

IRON AND STEEL
Iron
Manganese ore, imports thous. of long tons..
Iron ore:
Imports..
thous. of long tons..
Consumption
thous. of long tons..
Stocks, end of monthTotal
_
thous. of long tons. .
At furnaces..thous. of long tons..
OnLakeErie docks.thous. of long tons..
Pig-iron production:
Total, United States... thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
. thous. of long tons. .
Furnaces in blast, end of month:
Furnaces
..
number..
Capacity..
long tons per day..
Per cent of total—
per cent..
Ohio gray-iron foundries:
MeltingsActual
long tons..
Normal
long tons .
Ratio to normal per cent of normal..
Stocks, end of month.. per cent of normal..
Receipts
per cent of normal. .
Malleable castings:
Production
short tons..
Operating activity
per ct. of capacity..
Shipments
short tons. _
New orders
- short tons..
Wholesale prices:
Foundry, No. 2,
northern
dolls, per long ton..
Basic (valley furnace) ..dolls, per long ton..
Composite pig iron
dolls, per long ton..

26

15

26

16

21

15

9

-28.6

+66.7

309

226
4,761

211
4,608

170
5,025

223
4,897

205
4,997

180
5,195

251
4,303

-12.2
+4.0

-28.3
+20.7

2,622
52, 933

2,487
56,823

31, 754
26, 036
5,718

35, 808
29, 708
6,100

39, 555
33, 082
6,473

40,080
33,626
6,454

35,147
29,452
5,695

30, 189
24,878
5,311

33,350
27, 062
6,288

-14.1
-15.5
-6.7

-9.5
-8.1
-15.5

3,137
575
92

3,062
585
91

3,374
644
93

3,302
648
95

3,370
722
103

3,442
791
88

2,870
715
65

+2.1
+9.6
-14.6

+19.9
+10.6
+4.8

36,232
8,886
709

37,838 +4.4
7,626 -14.2
1,037 +46.3

183
98, 730
54.0

197
106, 755
58.1

197
108, 800
58.5

194
108, 575
57.6

201
110, 675
60.9

202
111, 985
62.2

185
96, 640
52.9

12, 932
12, 497
103.4
129
99

14, 586
16, 155
90.2
131
90

20, 112
19, 349
103.9
134
103

17, 249
18, 849
91.6
130
95

14, 284
18, 182
72.5
124
85

68,606
72.1
66, 962
66, 128

62, 665
66.3
61, 736
61, 163

70, 054
73.4
63, 510
65, 780

63, 560
66.8
58, 346
59, 664

59, 432
63.4
56, 861
61, 319

73, 169
77.5
77, 188
77, 091

61, 072
62.7
55,432
62,328

+23.1
+22.2
+35.7
+25.7

+19.8
+23.6
+39.2
+23.7

18.26
16.00
17.78

18.64
16.19
18.04

18.86
17.10
18.40

19.39
17.50
18.96

19.51
17.50
19.06

19.26
17.50
19.05

19.01
17.00
18.37

-1.3
0.0
-0.1

+1.3
+2.9
+3.7

12,881
14, 422
12, 551
86, 141

13, 655
17, 021
14,504
82,931

17, 953
22, 621
19, 819
78, 349

16, 846
17, 362
13, 252
77, 785

9,345
12, 281
12,096
74, 352

11,248
9,605
8,224
77, 015

9,037
11,009
11, 511
79, 400

+20.4
-21.8
-32.0
+3.6

38, 693
36, 212
31,809
182,367

26, 760
41, 989
36, 527
167, 063

30, 098
52, 505
53,522
145, 051

26, 770
36,328
28, 502
135, 889

12, 542
25,368
26, 268
122,487

32,938
17, 888
15,866
136, 986

15, 914
16, 951
15, 753

13, 770
18, 092
16, 533

12, 853
23,062
23,394

10, 825
19, 219
16, 931

6,670
13, 932
14,798

209 -32.4

-5.1
+7.3

+9.2
+0.5
+1.2 +15.9
+2.1 +17.6

13,977
16, 097
86.8
129
88

184, 766
223,441

194,040 +5.0
197, 329 -11.7

696, 765

779, 481 +11.9

687, 494
672, 790

752, 727 +9.5
759, 027 +12.8

+24.5
-12.8
-28.6
-3.0

245, 340
226, 795
226, 131

158, 048 -35.6
162, 562 -28.3
157, 694 -30.3

24, 743 +162. 6
19, 292 -29.5
18, 230 -39.6
120, 522 +11.8

+33.1
-7.3
-13.0
+13.7

278, 267
257, 461
251, 679

339, 781 +22.1
335, 734 +30.4
337, 876 +34.2

14, 512
9,407
8,998

12, 581 +117. 6
10, 661 -32.5
9,990 -39.2

+15.3
-11.8
-9.9

177, 430
162, 041
164, 608

160, 341
161, 489
168, 068

48, 714

+10.6

+8.0

Oast-Iron Boilers and Radiators
Round boilers:
Production
. thous. of Ibs .
Shipments
...thous. oflbs..
New orders
thous. of Ibs .
Stocks, end of month
thous. oflbs..
Square boilers:
Production
. thous. of Ibs .
Shipments.
..thous. oflbs..
New orders
. .thous. of Ibs _
Stocks, end of month
thous. of lbs_.
Radiators:
Production ..thous. sq. ft. heating surface..
Shipments thous. sq. ft. heating surface..
New orders ..thous. sq. ft. heating surface..
Stocks, end of
month
thous. sq. ft. heating surface..
Gas-fired boilers:
Shipments
dollars..
Shipments..
thous. B. t. u .
Production
thous. B. t. u__
Stocks, end of month
thous. B. t. u_.

-9.6
-0.3
+2.1

77, 267

72, 902

63, 082

54, 776

47, 572

52, 599

288, 954
239, 048
168, 547
778, 337

395, 265
322,000
169, 376
622, 687

351, 367
274, 760
187, 196
596, 143

250, 315
202, 868
233, 073
598, 518

153, 744
128,380
83,300
581, 451

115, 100
88,463
202, 075
704, 044

4,148
88
100

4,648
91
109

4,259
87
108

4,019
85
103

4,489
88
116

3,991
81
84

+11.7
+3.5
-12.6

+12.5
+8.6
+38.1

3,698
17, 418

3,751
19, 399

3,673
17, 365

3,977
16, 423

4,109

4,276
11,900

+3.3

-3.9

75, 761
51
25, 311
50, 450

87, 952
60
29, 471
58,481

82, 385
56
30, 799
51,586

82, 203
56
26,484
55, 719

93, 410
64
35, 689
57, 721

74,454
51
28, 714
45, 740

+13.6
+14.3
+34.8
+3.6

+25.5
+25.5
+24.3
+26.2

968, 810

1, 021, 956

+5.5

370, 654
598, 156

371, 564
650, 392

+0.2
+8.7

82, 762
56
35, 234
47, 528

78, 860
54
26,736
52, 124

84, 742
58
34,545
50, 197

96, 373

125, 800
86
66, 293
59, 507

91,448
62
41, 276
50, 172

+30.5
+32.3
+50.9
+13.5

+37.6
+38.7
+60.6
+18.6

922, 919

1,000,283

+8.4

43, 928
52, 445

384, 103
538, 816

389, 863 +1.5
610, 420 +13.3

318, 907
101.0

369, 243
103.5

358, 402
104.8

302, 182
95.1

391, 404
109.9

316, 541
89.6

+29.5
+15.6

+23.7
+22.7

3, 287, 276

3, 947, 953 +20.1

146, 832
44, 519
322, 876
370,936
539, 960

150, 600
49, 800
354, 925
344, 614
525, 161

174, 028
63, 014
307, 790
346, 041
565, 739

191, 429
66, 750
296, 687
323,421
592, 094

198, 874
63, 739
362, 229
438, 390
652, 602

170, 453
59, 508
274, 126
302,921
694, 197

+3.9
-4.5
+22.1
+35.5
+10.2

+16.7
+7.1
+32.1
+44.7
-6.0

3, 152, 173
3, 354, 694

3,780,096 +19.9
3, 794, 626 +13.1

96, 589 -25.1 +19.2
86, 892 -31.1 +1.8
132, 733 +142. 6 +52.2
846, 845 +21.1 -16.9

2, 663, 937
2, 153, 533
1, 943, 973

Crude Steel
Steel ingots, production:
United States, total
thous. of long tons..
4,178
Ratio to capacity
_..
per cent..
82
Canada ..
thous. of long tons
89
U. S. Steel Corporation:
Unfilled orders,
end of month . _
thous. of long tons. .
3,624
Earnings
thous. of dolls..
18, 597
Steel castings:
ProductionTotal
short tons
87, 742
Ratio to capacity
per cent . .
60
Railroad specialties
short tons
27, 157
Miscellaneous
short tons _ .
60, 585
New ordersTotal
_
short tons
81, 286
Ratio to capacity
per cent..
55
Railroad specialties
short tons. .
25, 171
Miscellaneous
short tons
56, 115
Sheets, black, blue, galvanized, and
full finished:
ProductionTotal
net tons
329, 396
Ratio to capacity
per cent..
92.8
Stocks, end of monthTotal
_
_
net tons .
154, 461
Unsold
_.
net tons,.
51, 636
324, 691
New orders
net tons
254, 397
Unfilled orders, end of month
net tons.. 498, 023




43, 398

49, 857 +14.9

907

1,241 +36.8

164, 297

193, 203 +17.6

25
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1928

1929

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

Perct.
in-

crease
or de-

August

September

October

November

December

January

crease

Jan.,
1929
from
Dec.,
1928

Jan.,
1928

+1.3
+2.8
-0.2
+21.3

+17.4
+10.8
+15.7
+3.7

6, 630, 569

7, 397, 785 +11.6

6, 624, 753

7, 403, 726 +11.8

-9.6

+7.1

160, 631

139, 645 -13.1

+31.2

+32.4

1.80
2.47

0.0
+0.1
0.0
+0.8

0.0
+2.8
+5.6
+3.2

January

Jan.,
1929

from

1927

1928

cumulative
1928

from
1927

IRON AND STEEL— Continued
Crude Steel— Continued
Steel barrels:
Production
barrels
677, 313
Ratio to capacity . .
percent
57.8
Shipments
barrels.. 675, 600
Stocks, end of month
.
barrels .
57, 544
Unfilled orders, end of month
barrels __ 1, 064, 358
Track work, production .
short tons.
11, 040
Iron, steel, and heavy hardware
215
sales
rel. to Jan., 1921
Lock washers, shipments .
thous. of dolls..
282
Wholesale prices:
Steel billets, Bessemer. .dolls, per long ton
32.00
Iron and steel, comp.. .dolls, per long ton..
34.93
1.85
Structural steel beams dolls, per 100 Ibs
Composite finished steel-dolls, per 100 Ibs..
2.48

558,492 475, 906
563, 647 4 551, 113
48.4
47.1
43.7
48.0
474, 159
568, 353 4549, 913
548, 581
46, 465
56, 376
45, 365
54, 353
957, 117 1, 357, 443 1, 661, 710 1, 351, 797

593, 255
50.2
595, 640
55, 059
996, 820
10, 767

656, 021
56.4
661, 009
50, 071
823, 872

207
257

236
269

210
255

32.00

32.80
35.48

33.00
35.92

1.85
2.52

1.90
2.52

1.90
2.53

1.90
2.55

242, 550
63
281, 050
73

246,400

265, 650
69
273, 350
71

211, 750
55
204, 050
53

+7.8
+7.8
0.0
0.0

+25.5
+25.5
+34.0
+34.0

32, 724
41
11, 055
50, 276

35, 787
45
11, 101
45, 010

-19.1
-19.6
-27.0

+25.5

-8.6
-8.9
-0.4
+11.7

1, 244
4
993

-20.0
-5.0

+25.2

-13.6

19, 108
17, 796

19, 672
17, 685

2,713

+16.3
+8.2
+7.0

+33.7
+20.3
+29.0

31,106

35, 043 +12.7
35, 974 +17.0

35.17
1.85
2.50

9,996

9,332

221

290

157
219

33.00
36.20

33.00
36.24

33.00
35.27

11,061

8,379

9,493

+22.4

+22.9

Fabricated Steel Products
Structural steel, fabricated:
New orders (prorated)
short tons _
Ratio to capacity
per cent
Shipments (prorated)
short tons..
Ratio to capacity
per cent..
Steel plate, fabricated, new orders:
Total. .
short tons
Ratio to capacity _ _ _ . per cent _
Oil-storage tanks
short tons
Steel bars, cold finished, shipments. short tons..
Steel boilers, new orders:
Quantity..
number
Area
_.
thous. of sq. ft .
Steel furniture:
Business group—
Shipments.
..thous. of dolls..
New orders
thous. of dolls
Unfilled orders, end mo.thous. of dolls..
ShelvingShipments
thous. of dolls
New orders
thous. of dolls
Unfilled orders, end mo. thous. of dolls..
Iron and steel:
Exports
long tons
Imports
long tons
Enameled Ware
Baths:
Shipments
_ .pieces. .
Stocks, end of month...
pieces..
New orders
pieces. .
Unfilled orders, end of month
pieces. .
Lavatories:
Shipments
_
pieces. .
Stocks, end of month
pieces..
New orders
, pieces
Sinks:
Shipments
pieces. .
Stocks, end of month
pieces..
New orders
pieces..
Miscellaneous sanitary ware:
Shipments
pieces
Stocks, end of month
pieces. .
New orders
pieces..
Small ware (all except baths) :
Unfilled orders, end of month
pieces..
Enameled sheet-metal ware:
Shipments
dozen pieces
Porcelain flat ware:
New ordersTotal
thous. of sq. ft
Ratio to capacity
per cent..
Shipments—
Total
.thous. of sq. ft
Ratio to capacity
per cent..

4

350, 4350
91
288, 750

319, 550
83
273, 350
71

250, 250
65
319, 550
83

47, 245
60
24, 807
42, 993

40, 281
50
18, 572
43, 893

53, 983
68
23, 960
50, 867

4
4

4
4

2, 018
1, 691

2,565

4
4

1, 749
1, 453

4

54, 418
68
32, 381
46, 902
4
4

64
273, 4350
71

4

4
4

40, 4441
51
15, 152
40, 045
4
4

4

1, 343
1, 308

1,075
1,243

1,917

1, 803
1, 500

3,117
3,611
2,410

3,626
3,906
2,579

3,248
2,000

1, 660
1, 460

3, 052, 500

3, 284, 050

+7.6

2, 853, 750

3, 068, 450

+7.5

497, 707

532, 810

+7.1

210, 974
408, 369

242, 763 +15.1
504, 908 +23.6
+3.0
-0.6

2,619
2,118

2,754
2,689
2,062

2,095

836
863
734

678
800
754

954
959
760

916
875
721

791
829
757

971
1,099
819

680
769
680

+22.8 +42.8
+32.6 +42.9
+8.2 +20.4

7,264
7,351

9,297 +28.0
9, 601 +30.6

287, 297
54, 062

228, 056
47, 685

256, 870
50, 176

256, 886
50, 038

221, 810
41, 628

274, 296
45, 573

205, 766
49, 903

+23.7 +33.3
+9.5

-8.7

2, 180, 970
552, 907

2, 862, 997 +31.3
589, 716 +6.7

103, 878
122, 167
96, 876
68, 263

86, 342
134, 749
76, 074
53, 303

939, 174
147, 656
90, 665
44, 842

68,783

58, 425
175, 104
63, 756
39, 182

69, 415
188, 738
66, 991
35, 073

4

165, 738
72, 677
45, 561

71, 519
155, 418
78, 190
36, 473

+18.8
+7.8
+5.1
—10.5

-2.9
+21.4
-14.3
—3 8

114, 070
161, 276
102, 140

94, 383
168, 211
89, 126

99, 250
180, 651
91, 575

79, 218
195, 323
81, 693

71, 607
207, 940
68, 293

81, 701
230, 527
80, 614

4

86, 529
202, 755
93, 951

+14.1
+10.9
+18.0

-5.6
+13.7
-14.2

116, 497
216, 338

111, 740
230, 725
110, 396

89, 309
242, 837
92, 490

73, 623
258, 426
74, 700

93, 321
276, 037
86, 866

4

93, 158
234, 675
4
96, 509

+26.8

96,830

101, 777
216, 255
99, 749

54, 003
95, 958
41, 692

44, 910
103, 509
44, 707

46, 129
116, 110
43, 899

44, 159
125, 108
37, 852

34, 971
128, 259
28, 838

41, 197
137, 588
42, 036

4

111, 258

2,854
2,676

3,159
3, 193

174, 072

155, 483

129, 154

358, 811

352, 484

417, 387

6,233

6,551
58

49

4

4

4

4

1, 131, 207

1, 116, 352

-1.3

1, 146, 867

1, 220, 800

+6.4

1, 251, 657

1, 265, 220

+1.1

1, 272, 225

1, 369, 278

+7.6

1, 313, 952

+6.8
+16.3

+0.2
+17.6
-10.0

1, 317, 163

+0.2

1, 335, 008

1,426,336

+6.8

39, 744
131, 427
4
39, 798

+17.8
+7.3

563, 731

558,671

-0.9

+45.8

+3.7
+4.7
+5.6

558, 381

562, 623

+0.8

100, 160

-5.8

+11.1

4

4

30, 760

130, 873

118, 100

328, 875

324, 445

319, 871

3, 916, 930

4, 193, 867

+7.1

7,428

6,839

66

61

5,101
45

5,421
45

73,108

70, 967

-2.9

6,108
54

7,700

6,602
59

5,153
46

5,473

76, 818

72, Oil

-6.3

65,164

89, 222

96, 528

90, 427

114, 272

71, 335

78, 342

-37.6

92, 955
74, 253
1,402
4
11, 243

98,065

92, 971
76, 757
1,505
11, 333

85, 798
75, 252
1,125
4
9, 867

62, 533 j
53, 442!
928
4
8, 048

82, 976
67, 297
1,080

68, 840

+32.7 +20.5
+25.9 +18.6

44, 238i

50, 723

55

5,495

4

68

46

Machinery
Vacuum cleaners, shipments
number. .
Washing machines, shipments:
Total
number
Electric
_
number
Water softeners, shipments
.units . .
Water systems, shipments
units. .
Pumps:
Domestic shipmentsPitcher, hands, etc
units. .
Power, horizontal type
units..
Steam, power, and centrifugalNew orders. ..
thous. of dolls
Shipments..
thous. of dolls _
Unfilled orders, end mo.thous. of dolls. _
< Revised.




4

50, 953
2, 531

4

1,579
1,520

3,023

4

4

80, 770
1,187
10, 190
42, 538
2, 017

4

1,405
1,369

3.056

4

4

42, 315
2, 732

4

1,708
1,634
3,128

4

37, 563
2, 093

4

2,084
1,494
3,714

4

4

56,728

2, 124

2,265

1,424
1,593
3, 538|

3,800

1,695
1,481

4

1,268
7, 943

1, 038, 614

1, 019, 460

944, 506
775, 661
18, 118
100, 843

-14.8
-0.2

50, 408
1, 591

+14.7
+6.6

+42.4

+0.6

521, 653
13, 133

1,137
1,138
3,112

+19.0
-7.0
+7.4

+49.1
+30.1
+22.1

17, 179
16, 799

4

-1.8

1,000,204

+16.4
-1.5

4

7,930

-8.9

+5.9
820, 430 +5.8
16, 189 -10.6
117, 736 +16.8
550, 386 +5.5
25, 980 +97.8
17, 998
17, 364

+4.8
+3.4

26
TERND OF BUSINESS MOVEMENTS—Continued
1929

1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

Septem- October November
ber

December

PER CENT INCREASE (+) OR
DECREASE (— )

1928

January January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

Per ct.
increase
(+)
or decrease
(-)
cumuative
1928
from
1927

CUMULATIVE TOTAL
ROM JAN. 1 THROUGH
DEC. 31

1928

1927

i

IRON AND STEEL— Continued
Machin cry— C ontinued
Agricultural machinery and equipment:
Shipments219.7
Total
rel. to 1923-25
187.5
Domestic
rel to 1923-25
Foreign
rel to 1923-25
387.5
Production
rel. to 1923-25
146.1
Foundry equipment:
New orders
rel. to 1922-24
278.0
154.1
Shipments
rel to 1922-24
Unfilled orders, end of mo.-rel. to 1922-24_.
467.2
Stokers, mechanical, sales:
Quantity
number
162
Power
horsepower..
51, 572
Machine tools:
241
New orders
rel to 1922-24
Shipments
rel to 1922-24
208
Unfilled orders, end of mo.-.rel. to 1922-24..
428
Electric hoists:
New orders —
402
Quantity
number
Value
.
dollars . . 180, 365
Shipments
dollars.. 193,248
Electric overhead cranes:
Shipments
thous of dolls
564
821
New order
thous. of dolls..
1,952
Unfilled orders, end of mo— thous. of dolls..
Woodworking machinery:
1,641
New orders
thous. of dolls..
Cancellations
.thous. of dolls..
6
2,058
Unfilled orders, end of mo— thous. of dolls. .
Shipments
.
..thous. of dolls..
1,436
Shipments
number of machines..
1,170
Electric industrial trucks and tractors:
Shipments, domesticR
Tractors
number of vehicles _
All other types
number of vehicles..
85
Exports
number of vehicles .
6
Fire-extinguishing equipment, shipments:
Motor vehicles
number. _
125
Hand types
. ._ ..number..
47,490
Patents issued:
Total, all classes _.
. _
number.3,390
Agricultural implements
number. _
29
Internal-combustion engines
number
43

'
179.2
145.7
354.0
145.5

153.4
129.1
280.3
148.5

108.2
79.6
257.4
154.6

4123.9
493.8
4280.8
4168.1

155.0
142.3
229.5
171.5

170.0
129.7
529.5

185.0
254.3
462.6

197.8
264.0
403.9

166.5
234.6
333.8

180.5
177.3
336.1

161
65, 060

100
27, 219

116
30, 938

102
49, 212

97
42, 392

265
205
441

284
221
504

290
242
563

274
245
596

292
255
676

447
228, 510
172,986

405
209, 594
202,829

522
258, 867
215, 863

475
188, 693
211, 815

533
253, 194
213, 663

346
160, 852
133,842

464
713
2,188

806
775
2,165

701
725
2,189

623
559
2,092

852
1,383
2,547

432
358
1,735

1,639
26
2,265
1,413
1,050

1,585
140
2,035
1,666
1,170

1,295
21
1,838
1,502
985

1,360
36
1,792
1,353
957

1,949
50
2,367
1,420
998

11
102
»

5
109
20

9
117
6

10
126
17

121
19

5
98
9

143
42, 193

139
49, 128

126
41,954

100
41, 596

90
45,067

73
43, 175

3,039
40
42

4,323
59
67

3,494
39
63

3,309
34
54

3,835
47
51

3,504

+25.1
+51.7
-18.3
+2.0
+8.4
132.7
116. 4! -24.4
+0.7
120.6
-4.9
75
26, 572 -13.9
+6.6
218
+4.1
149
293 +13.4

+34.0
+21.8
+108.8
+31.2

+12.2
+34.2
+0.9
+36.8
+147. 4
+21.7
+43.3
+38.9
+32.1
+5.0
+4.3

+54.0
+57.4
+59.6

115.7
116.8
109.9
130.7

u

§

1,456
1,130
920

51

+36.0
+52.3
+178. 7
+29.3
+59.5

1,374
483, 602

1,490
508,687

+8.4
+5.2

+33.9
+71.1
+130. 7

+97.2
+286. 3
+46.8

3,293
5,245 +59.3
1, 619, 782 2,447,970 +51.1
1, 540, 300 2,263,935 +47.0
9,308
7,126 -23.4
7,976
7,598 -4.7

+70.2
+117.4
+62.6
+25.7
+8.5

15, 037
182

-60.0 -20.0
-0.8 +27.6
+11.8 +111. 1
-10.0 +23.3
+8.3 +4.4
+15.9 +9.4
+38.2 +4.4
0.0
-5.6

135
994
130

1,434
588, 583

106 -21.5
1,215 +22.2
145 +11. 5
1,315 -8.3
557, 317 -5.3

41, 731
616
777

42,375 +1.5
496 -19.5
640 -17.6

+26.6
+30.6
+25.9
+24.1
+54.5
+0.8

829, 978
968, 657
1, 476, 506
1, 694, 346
824, 844
523, 572

909, 051 +9.5
1,060,094 +9.4
1, 627, 849 +10.3
1, 916, 471 +13.1
983, 460 +19.2
550,080 +5.1

15,508
12, 243

16,961 +12.8
325 +78.6
16, 216 +4.6
12,022 -18.

NONFERROUSIMETALS
Copper
Production:
85, 382 4 85, 577
78, 341
Mines
... short tons..
86, 480
76, 952
103, 386
85, 795
100, 720
103, 137
Smelter
short tons .
88, 517
Refined (N. and S. America) . _ .short tons.. 143, 560 137, 018 149, 199 155,448 147, 905
World production, blister
short tons.. * 161, 838 4 157, 518 < 176, 623 4 183, 813 4 179, 240
84,889
88, 707
100, 371
99, 822
83, 398
Domestic shipments, refined
short tons .
38, 635
36,190
45, 168
Exports
. . short tons..
45, 171
41, 186
Stocks (North and South America), end of mo:
45,648
65, 466
51, 812
52, 153
Refined
short tons . 54, 793
244, 854 4 249, 995
238, 923
239, 142
241, 732
Blister
short tons
.1584
.1472
.1520
.1578
.1453
Wholesale price electrolytic
dolls per Ib
Wire Cloth

86, 681
68, 469
101, 151
77, 429
154, 472
122, 723
178, 083 4 143, 546
100, 135
64,824
52, 523
52, 095
62, 749
250, 096
.1660

96, 476
223, 560
.1385

46
412
1,064
37
30

449
425
1,189
414
315

+1.3
-2.2
+4.4
-0.6
+18.0
+35.9
-4.2
0.0
+4.8

-35.0
+11.9
+19.9

+8.5 +2.7
+5.4 -3.
-3.2 -10.
-10.3 -9.
-32.7 -4.

430
387
1,120
408
285

403
423
1,099
412
320

466
442
1,068
419
266

423
395
1,092
422

425
391
1,099
419
449

457

453

459

482

469

48

441

+3.e

..long tons.

7,200

6,883

6,475

7,145

7,155

8,79

5,415

+22. S

+62.

long tons
long tons
long tons
dolls, per Ib.

18, 456
1,718
6,584
4 4. 808

19, 924
3,508
8,187
.4807

20,907
4,598
8,048
4. 4901

22, 067
3,603
6,221
4. 5085

24, 563
2,428
5,250
4.5021

24,23
2,61
9,49
.491

15,244
2,518
5^727
4.5564

Reports in operation, end of month... number.
Per cent of total
per cent
Production
short tons
Stocks, end of month
short tons
Ore, Joplin district:
Shipments
_. short tonsStocks, mines, end of month
short tonsPrice, slab, prime western
dolls per Ib
* Revised.

66, 428
57.4
52, 157
44,41€

61,96£
53.4
49, 361
47,91£

59,832
51. t
50, 25£
46,068

61, 544
53. C
50, 26C
46,542

61,544
53.0
50,591
45,441

63,31
54.
49,70
45,41

72,204
57.0
52,414
42, 163

-2.£
+2.8
-1.7
-OJ

-12.
-4.
—5.
+7.

43, 466
39, 302
.062£>

41,42$
48, 47^
.062,

41, 16f >
53,20f )
.062,)

49, 24
51, 01,
.062*

79,308
25,760
.0635

48,77
27,30C
.063

37, 612
49, 905
.0564

-38.*>
+6.()
0.()

+29.
-45.
+12.

5,463
5,042

5,226
4,909

-4.3
-2.6

+10.

Production
.
Shipments
Stocks end of month
New orders
Unfilled orders end of mo
Make and hold orders, end
of month

thous. of sq. ft..
thous of sq. ft
thous of sq. ft
thous of sq ft
thous of sq. ft
thous of sq ft

30

4,719

Tin

Deliveries (consumption)
Stocks, end of month:
World visible supply
United States
Imports.
Wholesale price, Straits, N. Y

-1.3 +59.
+7.£
+3.
+80. S +65.
-2.1 -11.

72,490

78,865

71,20

80,508 +13.1

+8.8

Zinc




613, 548

61»,595

689, 03e

597,382 -13.3

+1.0

27

TREND OF BUSINESS MOVEMENTS—Continued
1939

1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

November

December

PER CENT INCREASE (+) OR
DECREASE (— )

1928

January January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Peretincrease
( }
or-t
decrease
(-)
cumulative
1928
from
1927

NONFERROUS METALS-Continued
Lead
Production
. short tons..
Ore shipments:
Joplin district
short tons..
Utah
short tons..
Receipts in U S ore
short tons .
Stocks, U S and Mexico, end mo short tons. .
Price, pig, desilverized, N.Y
dolls, perlb..

53, 403

55, 167

58, 118

58,021

* 57, 225

58, 897

54, 406

+8.3

687, 273

651, 130

-5.3

6,125
78,811
53, 575
156, 976
.0625

9,326
65, 353
51, 978
155, 482
.0645

10, 514
71,887
55, 610
152, 746
.0650

9,102
91, 538
55, 660
156, 879
.0639

10, 374
67, 395
53, 953
161, 460
.0650

6,097
71,412
53, 881
155, 270
.0665

7,463
75,855
55, 970
157, 417
.0650

-41.2 -18.3
+6.0 -5.9
-0.1 -3.7
-3.8 -1.4
+2.3 +2.3

104, 099
822, 352
660, 125

98, 683
853, 817
638,337

-5.2
+3.8
-3.3

4,756
939
3,817

5,308
999
4,309

5,796
1,191
4,605

5,630
1,274
4,357

4,986
837
4,149

6,093
1,217
4,877

4,929
894
4,034

+22.2 +23.6
+45.4 +36.1
+17.5 +20.9

60, 112
13, 108
47,004

59, 677
12, 338
47, 339

-0.7
-5.9
+0.7

325, 688
147, 470
161, 034
17, 184

448, 155
188, 711
216, 481
42, 963

579, 715
244, 512
270, 417
64,786

469,884
197,028
242, 561
30, 295

528, 391
199, 785
275, 400
53, 206

322, 284
135,704
145, 252
41,328

283,049
114, 059
146, 786
22, 204

-39.0 +13.9
-32.1 +19.0
-47.3 -1.0
-22.3 +86.1

5, 458, 232 4,822,010 -11.7
2,028,983 1, 963, 904 -3.2
3, 130, 703 2,473,896 -21.0
298, 546
384, 210 +28.7

127, 797
142, 487

150,845
139, 183

153,813
152, 258

131, 792 112, 923
103, 290 . 102,802

151, 106
165, 745

125, 536
149, 304

+33.8 +20.4
+61.2 +11.0

1, 668, 725
1, 688, 162

37, 846
44, 377

55, 850
50, 606

56, 469
54, 596

36,042
23, 567

40, 649
36, 896

32,678
35, 689

+12.8
+56.6

+24.4
+3.4

425, 080
421, 161

3232,878

+6.6

+21.1

926, 725

+2.9

Other Metal Products
Babbitt metal, consumption:
Total apparent
thous. of lbs._
Direct by producers
thous. of lbs_.
Sale to consumers
__thous. of lbs__
Band instruments, shipments:
Total
.dollars
Cup mouthpieces
dollars. _
Saxophones
dollars. _
Wood wind
dollars. _
Pails and tubs, galvanized:
Production
dozens. .
Shipments
dozens. .
Other galvanized ware:
Production
dozens..
Shipments _
dozens. _

33, 553
34, 012

1, 795, 625
1,763,401

+7.6
+4.5

515, 428 +21.3
481, 421 +14.3

Electrical Equipment
Electrical mfrs., new orders
2
2
281, 988
(quarterly)
thous. of dolls. .
264, 466
Electrical porcelain, shipments:
92, 359
Standard
dollars.. 111, 803 112, 210 128, 255 152, 143
SpeciaL
dollars.. 129,813 129, 587 148, 999 146, 476 129, 835
649, 599 493, 067 539,810 518, 956 440, 079
High tension
.dollars
4,328
Glazed nail knobs
thous. of pieces. .
4,213
5,257
3,767
5,350
2,401
1,614
Unglazed nail knobs
.thous. of pieces..
3,042
2,644
2,796
2,542
Tubes
thous. of pieces. .
2,807
1,997
2,694
3,111
Laminated phenolic products,
shipments
dollars. _ 1, 356, 179 1, 243, 476 1,365,690 1, 139, 205 1, 062, 194
Outlet boxes and covers, shipments
pieces. . 3, 049, 567 2, 915, 560 3, 123, 321 3, 071, 288 1, 784, 587
Vulcanized fiber:
591
577
Shipments total
thous. of dolls. .
649
568
585
2,805
Consumption
thous. of Ibs. _
2,362
2,748
2,971
2,731
122, 124 126, 151 156,243 163, 491 128, 077
Industrial reflectors sales
.. units
2,138
2,384
2,151
Power cables shipments
thous of ft
2,197
2,405

1,029,483 +11.1

924,437 1, 091, 391
1, 713, 685 1, 553, 294
6, 147, 103
29, 426
41, 071
12, 943
21, 963
14, 588
22, 844

77, 212
115, 394
408, 401
3,363
1,091
1,127

+18.1
-9.4

+39.6
+69.7
+56. 6

677, 861
2, 139, 038

7, 823, 380 12, 282, 199 +57.0
27, 050, 375 32, 795, 023 +21.2

663
2,355
137,417
1 710

8,912
7,450 -16.4
28, 851
32, 875 +13.9
1, 534, 634 1, 539, 606 +0.3
24 041

Electrical Equipment
Flexible cord:
Shipments
thous. of ft
Stocks end of month
thous. of ft
Welding sets, new orders:
Single operator
units
Multiple operator
units
Panel boards and cabinets, shipments
(quarterly)
thous. of dolls
Nonmetallic conduits, shipments._thous. of ft_.
Electric furnaces new orders
kilowatts
Manufactured mica:
Shipments
thous. of dolls
Unfilled orders, end of mo —thous. of dolls ..
Delinquent accounts, electrical trade:
Amount
dollars ..
Delinquent
firms
number

51,062
47, 351

43, 854
44, 193

54,973
43, 214

63, 726
39, 013

44, 544
41, 461

35,082
51, 396

228
8

234
7

297
58

218
24

291
90

128
7

6,960
6,493

2 1, 357
7,376
4,226

8,804
4,719

247
285

302
326

1,564
4,733
8,109
259
254

10, 769

283
290

7,543
7,171
267
244

167, 136
1,384

141, 101
1,223

163, 281
1,257

147, 737
1,107

170, 226
1,107

131, 447
1,056

184, 500
1,361

-22. £
-4.6

233, 907
205, 793
28, 114

402, 154
350, 617
51, 537

231, 728
205, 646
26,082

+71.9 +73.5
+70.4 +70.5
+83.3 +97.6

AUTOMOBILES *
Production:
United StatesTotal
number of cars. _ 461, 298 4 415, 293
400, 593 4358, 872
Passenger cars
number of cars
60, 705
Trucks
number of cars. _
56, 421
Canada31, 245
Total
number of cars
21, 193
24, 274
Passenger cars...
number of cars..
16, 572
6,971
Trucks
- number of cars. _
4,621
Exports (assembled):
From United States49,007
Total
number of cars..
30, 559
32, 815
Passenger cars
number of cars
22, 494
16, 192
Trucks
number of cars. .
8,065
From Canada11,011
Total
number of cars
8,670
7,985
6,279
Passenger cars
number of cars
3,026
Trucks
number of cars__
2,391
Shipments (General Motors Co.):
186, 653 167, 460
To dealers
number of cars
To users
number of cars.. 187, 463 148, 784
2
Quarter ending in month indicated.
* Quarter ending Dec. 31, 1927.




2

397, 112
339, 976
57, 136

4
4

256, 933
217, 254
39, 679

4
4

4

284
305

18, 536
13, 016
5,520

11, 769
8,154
3,615

9,425
6,734
2,691

21, 501
17, 164
4,337

46, 524
29, 951
16,573

46,893
29,684
17, 209

29, 954
20,945
9,009

37, 665
24, 631
13, 034

9,705
6,696
3,009

8,783
4,906
3,877

6,646
4,510
2,136

8,971
5,640
3,331

120, 876
140,883

3821
8,085
2,937

527 251

1,620
182
+15.3 +90.5

+32.8 +266. 7
+9 7
+20.1

2,830 +74.7
297 +63.2

3,247
113,846

5,043 +55.3
89,343 -21.5
64, 132

-28.8
-22.4

3, 401, 326 4, 358, 150 +28.1
2, 946, 601 3,827,260 +29.9
454, 725
530, 890 +16.7

8,463 +128. 1 +154. 1
6,705 +154. 9 +156. 0
1,758 +61.2 +146. 7

179, 054
146, 827
32, 227

242, 382 +35.4
196, 741 +34.0
45, 641 +41.6

32,060
20,476
11, 584

+25.7 +17.5
+17.6 +20.3
+44.7 +12.5

384, 195
278, 748
105,447

507, 954 +32.2
369, 073 +32.4
138, 872 +31.7

3,502
1,838
1,664

+35.0 +156.2
+25.1 +206. 9
+55.9 +100. 2

57, 414
39,900
17, 514

79, 748 +38.9
55, 972 +40.3
23, 776 +35.8
1, 810, 806 +15.9
1,842,443 +18.5

127, 580 125, 181 +260. 0 +1.9 1, 562, 748
35, 441
47, 587
104,488 107, 278 +212. 4 -2.6 1, 554, 577
33, 442
91,410
4
Revised.
* See table on p. 9 of the February, 1929, issue for earlier data.

28

TREND OF BUSINESS MOVEMENTS—Continued
1938

The cumulative^ shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

1929

October

November

December

1928

January

January

PEE CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

AUTOMOBILES— Continued
Accessories and parts:
ShipmentsOriginal equipment.. rel. to Jan., 1925..
Replacement parts rel. to Jan., 1925
Accessories
rel. to Jan., 1925
Service parts
rel to Jan , 1925
Exports
...thous. of dolls..
Rim production
thous of rims
New passenger-car registrations:
Total
number of cars._
Highest price group
number of cars
Second highest group
number of cars..
Third highest group
.number of cars..
Lowest price group
number of cars..
Miscellaneous
._ number of cars. .

230
176
147
148
13, 858
2,319

218
185
122
140
10, 079
2,316

200
184
91
141
17, 522
2,115

163
149
78
122
13, 151
1, 213

164
131
73
120
11, 182
1,101

329, 827
11, 482
76,968
76, 158
164, 682
537

271, 782
11, 600
60,730
61, 579
137, 403
470

284, 656
12, 264
56, 936
59, 451
155, 514
491

212, 065
7,950
35,084
52, 294
115, 981
756

154, 603
6,914
27,966
37, 283
82,045
395

41, 108
1,552
1,618

41, 301
1,410
1,577

50, 360
1,702
1,497

46, 041
1,695
1,617

163
137
79
142
7,604
1,812

20, 068
1,835

+79.5 +163. 9
+66.7
+1.3

106, 343
20, Oil

143, 610 +35.0
24, 243 +21.1

2, 623, 538 3, 133, 196 +19.4
128, 138 +16.4
110, 125
654, 627 +2.2
640, 708
832, 974 +25.8
662, 258
1, 195, 806 1, 509, 897 +26.3
7,560 -48.4
14, 641

135, 843
6,817
32, 515
43, 330
52, 630
551

FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons
Canada
thous of short tons
Exports
thous. of long tons. .
Consumption —
By vessels
thous. of long tons
By electric-power
plants
thous of short tons
By railroads
thous. of short tons
By coke plantsUnited States
thous. of short tons..
Canada
thous. of short tons
Stocks held by
consumers
thous. of short tons
PricesMine aver, (spot) -dolls, per short ton..
Wholesale, comp.. dolls, per short ton..
Retail, composite. dolls, per short ton_.
Anthracite:
Production
thous. of short tons
Exports
thous. of long tons
Stocks, end of mo. in
yds of dealers
no. of days' supply
PricesWholesale, comp. ..dolls, per long ton__
Retail, composite. dolls, per short ton..
Coke:
Production, U. S.—
Beehive
thous of short tons
By-product
thous . of short tons _ _
Production, Canada. -thous. of short tons..
Exports
thous. of long tons
Price, furnace,
Connellsville
dolls per short ton
Crude petroleum:
Production
thous. of bbls .
Stocks at end of monthTotal (comparable).
thous. of bbls..
Tank farms and pipe
lines
thous. of bbls
Refineries
thous of bbls
CaliforniaLight
thous. of bbls
Heavy
thous. of bbls
Imports
thous. of bbls
Consumption (run to stills) .thous. of bbls..
Refinery operation
per ct. of capacity
Price, Kansas-Oklahoma dolls, per bbl__
Oil wells completed
number
MexicoProduction
thous. of bbls
Exports
. thous. of bbls
VenezuelaProduction
thous. of bbls
Exports
thous. of bbls .
Gasoline:
Production—
Raw (at refineries)
thous. of bbls..
Natural gas (at plants) -thous. of bbls. _
Exports.
thous. of bbls
Consumption
thous. of bbls._
Stocks, end of month—
1
Raw (at refineries)
thous. of bbls..
Natural gas (at plants) -thous. of bbls..
PricesWholesale, New York.. -dolls, per gal..
Retail, wagon 50 cities— .dolls, per gal..
Retail distribution, 41 States.thous. of gals..
Kerosene:
Production
thous. of bbls
Exports
thous. of bbls
Consumption.
thous. of bbls .
Stocks at refineries, end mo_thous. of bbls..
Price, 150° water white
dolls, per gal..
 * Revised.



356

313

333

3,441
7,403

3,421
7,627

3,828
8,433

6,194
269

6,180
270

6,726
294

41,100

4

42,400

43, 380
1,519
1,093

+18.6

+16.4

-16.1

+7.9

319

-5.6

-11.0

284

334

301

3, 740
8,084

6,830
296

917

3,838

6,595
284

4

44, 208
1,698
850

51, 456

6,168
257

+2.8
+1.4

+13.8
+16.7

1.74
4.009
8.74

1.81
4.019
8.84

4

1.83
4.020
8.96

4

1.85
4.008
9.07

1.81
4.006
9.11

1.85
4.005
9.09

4

1.85
4.093
9.21

+2.2
0.0
-0.2

6,036
265

8,554
405

7,457
306

6,226
259

7,337
298

5,690
233

+17.8
+15.1

+28.9
+27.9

57

53

13. 040
14. 93

13.040
14.98

13.040
15.06

13.040
15.07

12. 987
15.06

13. 130
15.08

-0.4
-0.1

312
3,959
194
77

421
4,219
210
100

416
4, 133
205
121

398
4,317
213
98

479
4,360
221
104

376
3,897
182
65

+20.4
+1.0
+3.8
+6.1

+27.4
+11.9
+21.4
+60.0

4

2.78

2.88

2.88

2.91

2.87

2.75

* 76, 404

79, 662

76, 031

79, 448

81, 979

367, 619

368, 431

372, 913

4

326, 852
40, 767

327, 902
40, 529

330, 395
42, 518

4

16,524
98, 529
6,908
77, 149
81
1.210
1,195

16, 995
99, 975
6,807
79,520
78
1.210
1,059

19, 196
99, 738
8,075
76, 830
76
1.185
1,205

0.0

74, 115
2,884

76, 137 +2.7
3,213 +11.4

80,096
2,982

76, 734
2,983

7,207
43, 885
1,981
719

4,376 -39.3
47, 715 +8.7
2,308 +16. 5
1,037 +44.2

-4.2
0.0

-1.1

72, 713

+3.2

+12.7

359, 260

+1.2

+3.8

317, 680
41, 580

+0.8
+4.9

+4.0
+2.2

20, 493
94, 327
6,145
69, 067
72
1.220
764

+13.0
-0.2
+18.6
-3.4
-2.6
-2.0
+13.8

-6.3
+5.7
+31.4
+11.2
+5.6
-2.9
+57.7

2.75

77, 829

368, 816 * 366, 750
326, 399
42, 417

4

367, 907

4

328, 101
39, 806

326, 153
40, 597

4

4

4

4

18, 310
95, 057
6,141
81, 582
83
1.210
1,247

16, 870
96, 563
7,140
4
79, 894
84
1.210
1,192

4,047
2,212

3,716
2,244

3,904
2,731

3,724
2,199

9,478
8,615

10, 520
9,283

11,291
9, 660

12, 270
10, 010

34, 335
3,983
4,506
22, 602

33, 066
608

40, 648
741

.180
.160
807, 565

.180
.160
777, 079

4,908
2,087
4
2, 545
4
8, 886
.080

4,968
1,229
4
3, 632
4
9, 001
.078

4

11, 521
9,982

33, 907
3, 929
3,675
26, 644

4

3,748
1,808

9,031
8,933
34, 101
3, 445
4,452
33, 336

4

27, 075
414

4

4

4

-1.3

-1.1
-0.1

288
3,995
191
70

4

-5.9

54

12. 853
14.76

4

3,834
41, 336

0.0
-2.2
-1.3

6,883
278

4

4,076

51,500

41,800

4

4

492, 755 -4.8
17,487 +0.3
14, 439 -10.3

41, 888

3,695
8,304
7,021
300

517, 763
17,427
16, 095

.180
.160
988, 358

5,389
1,653
4
3, 269
4
8, 887
.072

4

4

33, 669
3, 488
4,670
29, 722

4

4
4

26, 378
436

.180
.163
915, 036
4

5, 060
2,068
4
3, 264
4
8, 593
.086

4

4

34, 403
3, 731
3,919
30, 680

4

4
4

16, 670
97, 097
6,703
79, 607
82
1.210
1,224

4

4
4

26, 640
402

.180
.163
896, 934
4

5, 190
1,749
4
3, 469
4
8, 614
.082

33, 171
3, 769
4,610
26, 052

4

4

29, 185
404

4
4
4

4

-0.1

901, 129

900, 364

58, 383
828, 835

79, 583 +36.3
912, 713 +10.1

14, 442

12, 540 -13.2

64, 121
48, 421

4 770
2,955

50, 144 -21.8
33, 622 -30.6

6,994
6,837

-6.1
-0.3

+64.7
+46.0

64, 437
54, 593

108, 099 +67.8
100, 617 +84.3

27, 981
3, 405
3,692
20, 778

+1.3
+1.4
+22.6
-15.2

+22.7
+17.0
+22.0
+8.8

330, 435
38, 657
43, 103
297, 780

377, 183 +14.2
42, 286 +9.4
52, 422 +21.6
328, 832 +10.4

37, 368
740

+22.9
+21.9

+8.8
+0.1

.178
.160

.170
.143
612, 219

1.1
0.0

+4.7
+11.9

8, 777, 249

9, 724, 013 +10.8

4,700
1,896
2,956
8,865
.077

« 5, 058
4
2, 350
4
2, 799
4
7, 670
.070

-5.4
+54.3
-18.6
-1.5
-1.3

-7.1
-19.3
+5.6
+15.6
+10.0

56, 114
19, 278
37, 491

60, 156 +7.2
21, 494 +11.5
37,008 -1.3

4

4
4
4

29

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

PER CENT INCREASE (-f ) OR
DECREASE (— )

1929

1938

October

November

December

1938

January

January

Jan.,
1929,
from
Jan.,
1928

Jan.,
1929,
from
Dec.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1938

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

FUELS— Continued
Coal and Coke— Continued
Gas and fuel oils:
Production
thous of bbls
C onsumption—
By vessels
thous of bbls
By electric pow. plants. thous. of bbls__
By railroads
thous of bbls
Stocks at refineries, end mo thous. of bbls
Price, Okla. 24-26, refineries.dolls. per bbL.
Lubricating oil:
Production
_
.thous. of bbls __
Consumption
thous. of bbls..
Stocks at refineries, end mo.thous. of bbls..
Price, cylinder oil
dolls, per gal
Asphalt:
Production
thous. of short tons
Stocks, end of month. thous. of short tons_.
Imports___
_ -thous. of short tons..
Coke:
Production
thous. of short tons
Stocks, end of month -thous. of short tons..
Wax:
Production
_
thous. of lbs_.
Stocks, end of month
thous. of lbs_.

4 37, 390

4 37, 004

4 36, 941

4 35, 771

37,293

36,838

433,013

-1.2

+11.6

393, 066

425, 755

+8.3

4,564
612
4,087
4 39, 236
.650

4,053
612
4,363
4 39, 900
.650

4,558
621
4,877
4 39, 599
.650

4,235
632
4,490
4 37, 878
.650

4,235
844

3,915
876

-7.6
+3.8

+3.5
+48.7

+5.0

32, 522
.625

-6.9
0.0

+6.1
-21.9

50, 050
6,779
48, 703

51, 126
7,121

34, 926
.625

3,783
589
4,047
4 30, 665
.800

2.891
2,035
7,711
.229

2,833
1,995
7,742
.236

2,979
2,123
7,830
.240

2,748
1,763
7,921
.246

2,993
1,699
8,340
.271

2,945
1, 521
8,649
.299

4 2, 654
4 1, 592
4 7, 988
.245

-1.6
-10.5
+3.7
+10.3

+11.0

31, 701
21, 669

34, 659
23, 136

+9.3
+6.8

316
226
13

306
4203
4

320
213
11

4244
228
11

170
236
11

188
229
12

4202
4249
7

+10.6
-3.0
+9.1

-6.9
-8.0
+71.4

3,419

3,298

-3.5

156

102 -34.6

136
402

119
<402

125
4404

131
4419

132
437

138
404

103
4331

+4.5
-7.6

+34.0
+22.1

1,145

1,425 +24.5

50, 428
4 85, 417

54, 546
4 92, 814

56, 665
103, 949

54, 685
110, 344

58, 885 4 55, 378
123, 521 4 149, 725

+7.7
+11.9

+6.3
-17.5

584, 347

630, 144

58, 345
45, 338
43, 748 4 91, 860
"World shipments plantation
long tons
39, 732
44, 058
36, 624
Imports (including latex)
long tons_ .
30, 874
48,819
62, 224
55, 351
58, 302
Consumption by tire mfrs
thous of Ibs
World stocks, end of month:
4 228, 185
^201,078 4 198, 481 4 178, 876
World total
long tons
61, 957
68, 995
68, 851
United States
long tons
66, 421
4 35, 755 4 35, 243
27, 966 4 22, 328
Europe
.
long tons
17, 687
Producing countries
long tons
21, 828
16, 589
34,500
109, 400
74, 500
67, 900
Afloat
long tons
76, 700
Wholesale price, smoked sheets,
.193
.187
.182
New York
dolls per pound
.182

90, 150
43, 519
41, 604

48, 134
39, 108
43, 709

+32.3

+47.2

602, 196
426, 257
514, 995

646, 802 +7.4
435, 989 +2.3
600,423 +16.6

-3.5

+33.1

4 54, 429
4 79, 622

4

4

+&3
+22.0

+2"

+7.8

RUBBER
Crude Rubber

230, 497
66, 166
24, 161
37,870
102, 300

57, 586

36, 540

276, 670
110, 243
69, 594
27, 453
69, 380

.179

.400

Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
ShipmentsDomestic
Export
Inner tubes:
Production . .
Stocks, end of month
ShipmentsDomestic
Export
Solid and cushion:
Production
Stocks, end of month
ShipmentsDomestic
Exports

thousands
thousands

5,607
7,539

5,101
7,324

5,495
8,640

4,556
9,434

4,204
10, 218

4,026
7,491

48, 536

58, 539 +20.6

thousands
thousands

6,131
179

5,191
168

4,096
191

3,539
209

3,201
242

3,924
132

46, 199
2,017

53, 781 +16.4
2,022 -0.2

thousands
thousands

6,264
10, 466

5,327
10, 158

5,197
11, 464

4,198
11, 820

3,888
12, 087

4,086
9,760

52, 697

60, 175 +14.2

thousands
thousands

6,886
132

5,245
121

4,138
108

3,618
133

3,466
178

4,469
90

53, 556
1,198

56, 574
1,315

thousands
thousands

52
149

43
151

47
153

36
151

32
152

37
164

570

514

thousands
thousands

49
5

42
2

43
3

34
3

28
3

31
3

509
63

478 -6.1
43 -31.7

4,613
764
2,598
1,251
688
39.1

4,966
780
3,179
1,007
1,085
40.0

5,914
609
4,009
1,296
1,222
31.2

2,447
1,025

984
797

2,177
600
874
703
773
29.6

21, 996
6,515

21, 632 -1.7
10, 746 +64.9

21,289

21, 451

21, 932

18, 686

15,811

17, 682

200, 308

235, 152 +17.4

11, 642
9,244
729
49, 511

9,207
9,199
875
49, 751

9,813
9,580
1,262
50, 111

8,602
7,921
1,317
48, 691

7, 321
5,586
1,108
50, 903

10, 786
6,314
793
43, 796

102, 165
83, 493
10, 944

117,028 +14.5
94, 131 +12.7
11, 404 +4.2

3,461

2,725

2,297

2,649

4 2, 771

3,431

27, 162

37,645 +38.6

2,209
917
46
5,633

1,703
893
29
5,501

1,655
958
328
5,212

1,906
885
63
4,723

4 1, 730
4805
4143
4 4, 534

2,243
916
675
3,148

18,607
7,945
1,014

22, 478 +20.8
10, 990 +38.3
2,452 +141.8

6,306
1,888
2,068
2,360
193
583

5,393
1,412
1,731
2,250
186
754

5,837
1,387
2,026
2,424
216
559

5,201
1,203
1,811
2,186
201
566

188
623

5,630
1,388
2,257
1,984
218
433

i

+5.6
+9.8
-9.8

Other Rubber Products
Rubber-proofed fabrics:
ProductionTotal
thous of yds
Auto fabrics
thous of yds
Raincoat fabrics
thous. of yds
All other
thous of yds
New orders auto fabrics
thous of yds
Production, relative to capacity, .per cent_.
Rubber heels:
Production
thous. of pairs
Shipments—
To shoe manufacturers. thous. of pairs. _
To repair trade
thous of pairs
For export
thous of pairs
Stocks, end of month
thous of pairs
Rubber soles:
Production
thous. of pairs..
Shipments—
To shoe manufacturers.thous. of pairs..
To repair trade
thous of pairs
For export
thous. of pairs
Stocks, end of mouth
thous. of pairs..
Mechanical rubber goods, shipments:
Total
thous. of dolls
Belting.. ...
. . . thous. of dolls .
Hose
thous. of dolls
All other
thous. of dolls
Rubber bands, shipments
thous. of Ibs..
Rubber flooring, shipments
thous. of sq. ft._
< Revised.




30
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

1929

October

November

December

1938

January

January

PEE CENT INCREASE (+) OR
DECREASE (— )

Jan.
1929,
from
Dec.,
1928

Jan.
1929,
from
Jan.,
1928

+28.0
-23.2
+63.6
-9.6
+22.9

+6.2
-23.5
+13.8
+8.5
-1.1

CUMULATIVE TOTAL
FROM JAN, 1 THROUGH
DEC. 31

1937

1938

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

HIDES AND LEATHER
Hides
Imports:
Total hides and skins
_thous. of lbs._
47, 056
4,053
Calfskins
thous. of lbs__
26, 540
Cattle hides
..
thous. of lbs._
7,951
Goatskins
thous. of lbs._
Sheepskins
...
thous. of lbs_.
6,773
Stocks, end of month:
Total hides and skins
___thous. of Ibs.. 243, 591
197, 086
Cattle hides
thous. of lbs._
Calf and kip skins
thous. of lbs_.
25, 758
Sheep and lamb skins
thous. of Ibs..
20, 747
Prices:
Green salted, packers' heavy
native steers
dolls, per lb_.
.236
Calfskins, country, No. 1
dolls, per lb_.
.275
Inspected slaughter of livestock:
United StatesCattle
thous. of animals. _
717
Calves
thous. of animals
369
Swine
- -thous . of animals . .
2,545
1,196
Sheep
thous. of animals. _
Canada105
Cattle and calves.. .thous. of animals. .
140
Swine
thous. of animals..
62
Sheep—
thous. of animals..

34, 448
2,707
18, 504
6,728
4,902

35,982
4,310
17, 883
7,993
3,785

34, 720
1,900
10, 103
5,773
4,517

30,228
3,395
13, 118
6,537
4,116

249, 272
203, 227
24, 059
21, 986

253, 921
209, 902
23, 118
20, 901

259, 330
215, 668
22,946
20, 716

267, 503
221, 679
24, 733
21,091

.246
.275

,219
.246

.203
.242

.226
.250

.205
.219

.261
.300

-9.3
-12.4

-21.5
-27.0

764
352
2,508
1,307

801
405
3,713
1,409

762
378
4,455
1,189

667
341
5,782
1,053

736
369
5,738
1,150

711
383
5, 479
1,151

+10.3
+8.2
-0.8
+9.2

+3.5
-3.7
+4.7
-0.1

9,519
4,878
43, 636
12, 883

96
161
86

111
200
142

106
232
135

72
239
50

71
249
35

66
271
26

-1.4
+4.2
-30.0

+7.6
-8.1
+34.6

1,148
2,540
618

1,115
2,547
639

-2.9
+0.3
+3.4

1,463
25, 701

1,324
23,510

1,447
25, 711

1,264
23, 184

4 1, 212
22, 277

1,284

1,223
23,095

+5.9

+5.0

15,829
296, 802

16, 136
292, 074

+1.9
-1.6

89, 508
72, 439
996
.67

85,990
72, 243
733
.65

83, 388
75,188
825
.63

80,931
77, 363
1,063
.59

78, 632
80, 061
775
.59

+36.0
0.0

-16. 7
0.0

9,833

10, 176

+3.5

809, 041

810, 329

+0.2

-8.6

38, 679
2,608
21, 456
5,911
5,060

36,409
3,410
18, 856
5,448
5,117

446, 116
44,208
236, 159
81, 294
57, 307

505, 750
47, 436
275, 481
90, 765
63, 265

+13.4
+7.3
+16.7
+11.7
+10.4

244, 242
204, 224
23,825
16, 193

8,467 -11.1
4,683 -4.0
49, 714 +13.9
13,487 +4.7

Leather
Sole and belting leather:
ProductionSole only._thous. of backs, bends, sides..
Sole and belting
thous. of lbs_.
Stocks, end of month—
In process of tanning
thous. of lbs__
Finished..
thous. of lbs._
Exports
..
thous. of lbs__
Price oak, scoured backs.
dolls, per lb._
Upper leather:
Production
thous. of sq. ft. _
Stocks, end of month—
In process of tanning._.thous. of sq. ft..
Finished
thous. of sq. ft_.
Exports
thous. of sq. ft
Chrome calf, "B" grades, .dolls, per sq. ft..
Leather Products
Shoes:
Production
.thous. of pairs. .
Exports
- thous. of pairs. _
Wholesale pricesMen's black calf
blucher, Mass
dolls, per pair..
Men's dress welt, tan
calf oxford, St. Louis-dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
Gloves, cut
dozen pairs..

1,054
.59

85, 396
54,828
1,265
.59

73, 150

66, 380

72,092

62, 619

62, 804

71 415

147, 602
253, 854
9,000
.57

146, 010
247, 386
9,093
.57

143, 265
251, 350
11, 174
.55

138, 803
253, 470
10, 268
.49

136, 922
251, 406
11, 030
.50

10, 998
.53

149, 952
245,931
15, 532
.54

03
+6.0

-29.2
-1.9

148, 256

135, 559

34, 974
331

31, 000
275

33, 393
340

< 26, 443
403

21, 909
355

423

26, 210
388

+19.2

+9.0

343,608
5,514

344, 352 +0.2
4,331 -21.5

6.75

6.75

6.75

6.75

6.75

6.75

6.75

0.0

0.0

• 5.00

5.00

5.00

4.85

4.85

4.85

4.75

0.0

+2.1

4.00
237,043

4.00
213, 945

4.00
236, 907

4.00
223, 500

4.25
179, 330

4.25

4.03
177, 884

0.0

+5.5

114, 668
138, 309
147, 611
17, 233

108, 166
122, 771
133, 006
21, 953

131, 558
146, 383
118, 182
23, 884

145, 120
141, 775
118, 548
19, 627

135, 785
129, 322
125, Oil
27, 171

150,363
144, 069
131, 898
25, 832

142, 034
139, 851
159, 575
21, 082

222, 116
221, 008
44, 682
120, 643
2.53

201, 646
204, 378
42, 510
124, 048
2.53

228, 434
231, 800
40,032
149, 112
2.53

222, 934
221, 262
40, 242
126, 790
2.53

208, 564
207, 358
40, 684
179, 548
2.49

234, 062
235, 326
41, 364
115, 240
2.45

116, 120
77
200, 480
162, 184

102,821
74
186, 396
169, 625

122, 415
81
217, 290
189, 240

123, 646
90
223, 645
207, 056

115, 049
84
208, 484
185, 121

123, 822

114, 768
197, 224
173, 872

107,834
197, 532
164, 648

120, 927
222, 430
200, 362

122, 761
233, 924
201, 416

179, 334

170, 840

214, 228

40, 838
52, 108
209, 044
39, 744
3.25

35, 687
43,800
191, 287
48, 229
3.25

36, 380
37, 018
188, 980
45, 289
3.25

2, 614, 580

2, 551, 900

-2.4

+10.7
+11.4
+5.5
-4.9

+5.9 1, 589, 679
+3.0 1, 650, 716
— 17 3
+22.5 :
245, 599

1, 605, 919
1, 637, 233

+1.0
-0.8

250, 879

+2.1

209, 106
210, 016
44, 726
156, 164
2.53

+12.2
+13.5
+2.8
-35.8
-1.6

+11.9 ! 2, 587, 992
+17.1 ; 2, 581, 014
—7 5
-26.2 1, 431, 169
-3.2

2, 583, 126
2, 589, 862

-0.2
+0.3

1, 493, 521

+4.4

119, 525
84
187, 848
172, 952

+7.6

+3.6

1, 485, 495

1, 414, 952

-4.7

212, 191

+1.8

+13.0

2, 086, 949
2, 075, 972

2, 381, 102 +14.1
2 126 39] +2.4

115, 033
215, 133
207, 727

120, 263
209, 020
196, 882

114,211
186, 829
177,808

+4.5
-2.8
-5.2

+5.3
+11.9
+10.7

1, 474, 521
2, 062, 749
1, 987, 065

1, 397, 393 -5.2
2, 399, 030 +16.3
2, 153, 930 +8.4

196, 187

213, 162

195, 047

157, 466

+23.9

1, 881, 866

2, 206, 587 +17.3

34, 691
26, 254
187, 223
53, 674
3.25

34, 469
19, 139
195, 322
52, 624
3.25

38,003
21, 406

25,905
37, 731
207, 449
46, 522
3.25

PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
. short tons _
Consumption and shipments. ..short tons..
Stocks, end of month
short tons
Imports
short tons
Chemical:
Production
short tons
Consumption and shipments. ..short tons..
Stocks, end of month
short tons .
Imports
short tons
Price, sulphite..
dolls, per 100 lbs__
Newsprint Paper
Production:
United States, total
short tons
Ratio to capacity
per cent..
Canada
short tons
Consumption by publishers
short tons
Shipments:
United States
short tons
Canada
_.
short tons .
Imports
short tons
Exports:
Canada
short tons
Stocks, end of month:
At millsUnited States.
short tons..
Canada
short tons..
At publishers
short tons..
In transit to publishers
..short tons..
Price, roll, f. o. b. mill,,.
, . dolls, per cwt .
* Revised.




3.25

+10 3
+11.8

+46 7
—43.3

0.0

6.6

31
TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February , 1929, "Survey"

September

August

PER CENT INCREASE (+) OR
DECREASE (— )

1939

October

November

December

1938

January

1938

January

Jan.
1929,
from
Dec.,
1928

Jan.
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1937

1938

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

PAPER AND PBINTING-Continued
Printing
Book publication:
American manufacture
no of titles
Imported
no of titles
Sales books:
New orders
„_
thous. of books
Shipments
thous. of books
Printing activity
weighted index number..
Cash checks, shipments
thous. of checksBlank forms new orders
thous of sets

507
118

551
169

835
261

933
160

765
104

797
264

12, 538
13, 738
97
68,482
58, 108

11, 837
11, 976
105
85,489
50, 114

13, 958
14, 605
113
86, 889
67, 957

12,730
13,080
112
81, 204
59,429

11, 123
12,462
114
77, 008
63, 614

12,866
12, 167

9,236
81.6
230, 950
236, 682
81,816
213, 626
233, 104
47,709

8,344
83.0
224, 971
234,449
87,097
217, 361
228,880
45, 271

9,365
82.3
243, 794
240, 391
81,022
240,930
245, 133
43, 627

8,666
82.2
241,924
248, 147
93,203
222, 693
235,228
47, 693

7,632
72.4
205, 046
197, 148
94,174
196, 164
197, 029
55, 624

117,009
48, 108

116, 197
53, 344

127,989
73, 235

136, 100
49, 982

148, 906
43,447

8,799
1,354

8,491
35
1,863 +37.6

12,329
11,897
108
75, 144
43, 173

+15.7
-2.4

+4.4
+2.3

145, 599
143, 172

148,804
147, 948

+17.7

+20.6

912,461
414, 290

935, 919 +2.6
611,429 +47.6

8,958
78.7
247,962
237, 095
83, 661
230,738
247, 085
56,999

7,833
75.5
203,882
204, 128
80,417
189, 744
196, 984
49,032

+17.4
+8.7
+25.9
+20.3
-11.2
+17.6
+25.4
+2.5

+14.4
+4.2
+21.6
+16.2
+4.0
+21.6
+25.4
+16.2

135,392
49,304

153, 747
62, 181

-9.1 -11.9
+13.5 -20.7

90, 616

+2.2
+3.3

Box Board
Operation
thous. of inch hours
Operation
per ct. of capacity
Production
_.
__ . . short tons
New orders
short tons
Unfilled orders, end of month
short tons
Consumption of waste paper
short tons__
Shipments
short tons
Stocks, end of month .
short tons
Stocks of waste paper, end of month:
On hand
short tons
In transit and unshipped purchases—tons. _

101, 295

+4.7

2,477,324 2,682,845
2,476,241 2,695,047

+8.3
+8.8

2,379,475
2, 481, 135

+5.6
+7.5

96, 756

2, 512, 059
2, 667, 207

Other Paper
3,092

2,431

2,644

2,196

2,718

130,416
89
133, 024
85,836

117,374
86
120,895
82,403

132, 633
87
133,429
81, 579

126, 001
90
124, 615
82, 395

122, 221
87
122, 221
82, 395

131, 999
95
132, 791
79, 699

121, 509
90
125, 033
68, 265

-8.0
+9.2
+8.6
-4.0

+8.6
+5.6
+6.2
+15.9

77
79

81
80

83
86

84
80

77
82

81
82

83
87

+5.2
0.0

-2.4
-5.7

i

1(

10
8

10

6

10
8

11
9

+42.9
+33.3

-9.1
-11.1

100, 779
89
100, 174
93,340

83,582
84
86, 173
91, 977

96,053
85
94,900
93,416

96, 907
87
91, 286
93,930

90,979
81
88, 159
96, 123

101, 604
81
91, 240
96,740

96, 223
91
93, 144
87, 895

+11.7
0.0
+3.5
+0.6

+5.6
-11.0
-2.0
+10.1

39 331
84
38, 938
53, 535

34,885
80
34,885
53, 361

39, 680
84
39, 839
53, 788

37, 463
88
36, 076
54, 418

35, 263
80
33,817
55, 805

40, 020
92
34,001
52, 445

37, 471
93
35, 550
52, 410

+13.5
+15.0
+0.5
-6.0

110, 677
109, 154
72, 438

100, 138
102, 437
70, 140

112, 529
115, 563
61, 422

102, 703
101, 483
61, 340

93, 374
91, 785
62, 015

106, 160
104, 397
62, 474

99, 588
98, 946
60, 838

728, 073
78
729, 162
393, 696

663, 771
84
681, 104
378, 839

747, 104
83
749 79
370, 212

728, 644
90
712, 049
374, 467

661, 932
79
648, 044
386, 431

751, 565
91
729, 777
385, 755

thous. of sq. ft..
thous. of sq. ft..
thous. of sq. ft..

441, 792
364, 756
77, 036

434, 371
359, 553
74, 818

454, 662
374, 342
80, 320

454, 354
370, 302
84, 052

415, 958
348, 090
67, 868

.per cent of normal
..per cent of normal..
per cent of normal .

79
77
84

79
78
80

88
89
83

82
82
79

71
72
68

Binder's board, production
short tons
Book paper:
Production. .
short tons
Katio to capacity
. per cent
Shipments .
short tons
Stocks, end of month .. .
short tons
New orders—
Coated
p. ct. of normal production..
Uncoated.-p. ct. of normal production..
Unfilled orders, end of monthCoated
p. ct. of normal production..
Uncoated.-p. ct. of normal production..
Wrapping paper:
Production
short tons
Ratio to capacity . .
per cent
Shipments
short tons..
Stocks, end of month
short tons
Fine paper:
Production .
short tons
Ratio to capacity . .
per cent
Shipments
short tons
Stocks, end of month
short tons
All other grades:
Production _
short tons
Shipments
short tons
Stocks, end of month
short tons
Total paper (inc. newsprint and box board) :
Production
short tons
Ratio to capacity
percent
Shipments
short tons
Stocks, end of month .
short tons

2,547

29,686

35, 664 +20.1

1, 331, 551

1, 506, 934 +13.2

1, 324, 016

1, 499, 184 +13.2

1,087,155

1, 127, 981

+3.8

1,057,467

1, 111, 259

+5.1
+2.7

+6.8
•j •

446, 717

458, 763

+2.4

-44

447, 853

453, 299

+1.2

+13.7
+13.7
+0.7

+6.6
+5.5
+2.3

1, 197, 896
1, 193, 456

1, 221, 547
1, 223, 549

+2.0
+2.5

678, 198
82
663, 868
344, 345

+13.5
+15.2
+12.6
-0.2

+10.8
+11.0
+9.9
+12.0

8, 022, 452

8, 413, 777

+4.9

8, 025, 944

8, 344, 849

+4.0

433, 141
354, 992
78, 149

347, 622
227,280
70, 342

+4.1 +24.6
+2.0 +56.2
+15.1 +11.1

4, 720, 249
3, 784, 861
935, 388

5, 012, 380
4, 047, 919
915, 802

+6.2
+7.0
-2.1

78
78
77

69
67
75

+9.9 +13.0
+8.3 +16.4
+13.2 +2.7

+0.1

Paper Board Shipping Boxes
Production:
Total..
Corrugated
Solid
fiber
Operating activity:
Total..
Corrugated
Solid
fiber

Other Paper Products
Rope paper sacks, shipments—index number
Abrasive paper and cloth:
D omestic shipments
reams
Foreign shipments
reams..
BUILDING

106

111

102

113

107

93

99, 789
17, 875

95, 131
18, 281

98, 576
20,085

91, 405
18, 601

97, 708
19, 214

94, 916
17, 184

80, 505
17, 112

-2.9
-10.6

+17.9
+0.4

979, 981
192, 596

7,712

7,930

6,454

4,886

3,328

2,672

2,473

-19.7

+8.0

60, 243

177
181
191
207
200
101. 21

177
181
191
208
201
101. 13

179
184
191
209
202
100. 67

177
182
190
210
202
100.79

175
181
190
209
202
101. 23

177
183
190
210
203
100.30

178
183
192
205
199
98.59

204
213
198
20

204
213
198
201

204
213
197
201

204
213
197
201

204
212
197
201

204
212
197
201

205
214
196
200

1, 090, 303 +11.1
222, 960 +15.8

CONSTRUCTION AND
HOUSING

Rental advertisements, Minneapolis.. number..
Building Costs
Building materials:
Frame house, 6-room
.. rel. to 1913
Brick house, 6-room
rel. to 1913
Concrete factory costs (Aberthaw) ..rel. to 1914..
Building costs (Eng. News Record) _rel. to 1913..
Building costs (A. <?. C.)
rel. to 1913..
Plumbing fixtures, 6 pieces
dollars
Construction costs (Am. Appraisal) :
Frame
rel. to 1913..
Brick, wood frame
rel. to 1913..
Brick, steel frame
rel. to 1913..
Digitized for Reinforced concrete
FRASER
rel. to 1913..



+1.1 -0.6
0.0
+1.1
0.0 -1.0
+0.5 +2.
+0.5 +2.0
-0.9 +10.2
0.0
0.0
0.0
0.0

-0.
-0.
+0.
+0.

58, 279

-3.3

32
TREND OF BUSINESS MOVEMENTS—Continued
1938

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

Septem- October
ber

1939

November

December

January

1928

January

PER CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct.
increase
( }
or t
decrease
(-)
cumulative
1928
from
1927

BUILDING CONSTRUCTION AND
HOUSING— Continued
Contracts and Losses
Contracts awarded (36 States) :
Commercial buildings
thous. of sq. ft..
Industrial buildings
thous. of sq. ft__
Residential buildings
thous. of sq. ft..
Educational buildings
thous. of sq. ft__
Other public and semipublic buildings
thous. of sq. ft_.
Grand total
thous. of sq. ft_.
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls..
Industrial buildings
thous. of dolls
Residential buildings . _ _ thous. of dolls. .
Educational buildings
thous. of dolls
Other public and semipublic buildings
thous . of dolls. _
Public works and utilities.. thous. of dolls..
Grand total
-- -thous. of dolls _
Contracts awarded, Canada
thous. of dolls..
Building volume (A. U. C.)
rel. to 1913..
Fire losses:
United States and Canada
(Journal of Commerce) thous. of dolls..
Canada (Monetary 7mes)_.thous. of dolls..

11,974
8,548
42, 859
5,418

11, 442
10, 348
38, 744
5, 651

13, 194
9,705
48, 298
4,876

13, 050
6,518
40, 532
4,290

10, 992
6,092
36, 191
4,136

15,250
7,085
27, 898
2,631

10, 803
4,412
37, 516
3,380

+38.7
+16.3
-22.9
-36.4

+41.2
+60.6
-25.6
-22.2

141,496
68,095
474, 277
53,063

132, 143 -6.6
91, 538 +34.4
548, 329 +15.6
60,626 +14.3

6,392
78, 638

6,278
73, 146

6,477
82,906

5,218
70, 599

4,661
63,094

2,863
56,331

3,955
60, 271

-38.6
-10.8

-27.6
-6.5

74, 972
812, 393

70,022
-6.6
930, 721 +14.6

57, 178
41, 318
207, 521
33, 559

58, 525
112,925
196, 850
37,088

63, 263
61, 170
234, 654
30, 746

65, 469
35,434
194,028
28, 719

64, 352
33,647
174, 731
25,033

98,644
60,439
132, 862
17, 171

65, 981
34,833
186, 904
22,854

+53.3
+79.6
-24.0
-31.4

+49.5
+73.5
-28.9
-24.9

897, 172
475, 614
2, 489, 588
368, 794

847, 556 -5.5
602, 603 +26.7
2, 715, 111 +9.1
386,490 +4.8

45, 470
114, 714
499, 760
39, 449
239

51, 317
115, 808
572, 513
45, 439
266

46,820
146, 041
582, 693
44, 585
243

40, 079
88,503
452, 234
29,038
222

42,842
75, 199
415, 803
18, 905
182

23, 142
61, 811
394, 069
41,963
148

30, 287 -46.0 -23.6
69, 676 -17.8 -11.3
410, 535
-5.2
-4.0
20, 480 +122. 0 +104. 9
125 -18.7 +18.4

639, 519
1, 211, 252
6, 083, 949
418, 951

564, 460 -11.7
1, 288, 559 +6.4
6, 404, 779 +5.3
472, 033 +12.7

17, 724
2,356

17, 183
1,739

22,414
1,795

22, 588
1,662

31,204
1,646

36, 225
2,664

320, 597
22, 667

303, 268
24, 279

386, 671
88
423, 218
434, 884
991, 781
340, 875
40, 837
14, 897
37.73

427,623
90
464, 558
444, 566
954, 846
320, 883
75, 504
14,104
37.73

296, 343
315, 144
322, 754
293, 657
64, 265
44, 264
17.32

337, 527
301, 267
302, 610
297, 686
65, 795
39, 330
18.06

43, 261
2,959

+16.1
+61.8

-39.4
-10.0

396, 256
86
413, 295
392, 674
952, 395
300, 262
61, 759
7,562
37.58

418, 717
381, 589
425, 009
97
79
87
426, 220
345, 816
398, 047
473, 900
332, 069
417, 700
978, 954 1, 005, 916 1, 200, 031
352, 826
286, 515
306, 168
66, 332
62, 213
61, 693
16, 453
9,249
11,507
35.26
36.55
37.19

+11.4
+10.1
+15.1
+25.8
+2.8
+6.9
-0.8
+24.4
-1.7

+1.5
-10.3
-6.6
-10.9
-16.2
-17.8
-7.0
-30.1
+3.7

310, 220
269, 484
269, 484
238, 149
60, 947
47, 598
17.92

299, 029
272, 618
299, 029
393, 930
59, 193
41, 939
16.38

410, 493
397, 571
444, 514
357, 604
85, 299
2,280
15.23

+5.7
+8.7
+16.8
+2.4
+42.4
+43.0
+8.0

-23.0
-25.5
-21.5
+12.8
-1.2

-5.4
+7.1

LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. m__ 425,493
Operation
per cent of full time..
87
Shipments (computed)
M ft. b. m__ 468,672
New orders (computed)
..M ft. b. m__ 479, 370
Stocks, end of mo. (computed) .M ft. b. m__ 1. 019, 050
Unfilled orders, end mo.(comp.).M ft. b. m_ _ 339, 038
Exports lumber
- M ft. b. m
43, 287
Exports, timber
M ft. b. m__
7,465
Price, flooring dolls, per M ft. b. m__
36.34
Douglas fir:
Production (computed)
...M ft. b. m__ 358, 566
Shipments (computed)
_.M ft. b. m__ 389, 454
New orders (computed)
-M ft. b. m__ 381, 396
Unfilled orders (computed) M ft. b. m__ 257, 845
Exports, lumber
M ft. b. m__
59, 236
Exports timber
M! ft. b. m
40, 837
Price, No. 1 common .dolls, per M ft. b. m_.
17.75
Price, flooring, 1x4, "B" and
better, V. G
_ dolls, per M ft. b. m_.
37.19
California redwood:
Production (computed)
M ft. b. m__
41, 137
Shipments (computed)
__M ft. b. m__
43, 983
New orders (computed)
M ft. b. m..
39, 855
Unfilled orders, end mo. (eomp.).M ft. b.m__
45,093
California white pine:
145, 491
118, 310
Shipments
M ft. b. m__
Stocks, end of month
-M ft. b. m__ 516, 764
New orders
- M ft. b. m . 102, 805
Unfilled orders, end of month __M ft. b. m__ 181, 014
North Carolina pine:
Production (computed)
M ft. b. m__
45, 437
Shipments (computed)
M ft. b. m..
48, 643
New orders
- M ft. b. m__
49, 560
Northern pine:
LumberProduction
M ft. b. m .
57, 335
Shipments
- -M ft. b. m._
47, 755
New orders
M ft. b. m__
41,435
Lath12, 318
Production
thousands _ .
Shipments
thousands. _
11, 099
Northern hemlock:
Production
M ft. b. m._
20, 449
22, 661
Shipments
M ft. b. m_.

316, 039
296,343
349, 165
403, 331
84,299
59, 984
17.70

5, 173, 558

4, 994, 053

-3.5

5, 135, 886
5, 241, 265

5, 228, 488
5, 211, 506

+1.8
-0.6

711,430
182, 126

708,883
163, 577

-6.4
-10.2

5,927,070
5,878,066
5, 937, 153

4, 934, 872 -16.7
5,081,313 —13.6
5, 249, 119 -11.6

685, 855
519, 887

767,745 +11.9
496, 533 -4.5

459, 181
444, 542
451, 973

+16.2

38.85

40.61

40.88

41.05

44.44

34.04

+8.3

+30.6

34, 329
33, 107
33, 519
47, 916

27, 851
32, 744
33, 115
40, 350

45, 834
38, 715
38, 848
32, 783

29, 919
28, 213
29, 524
32, 379

29, 560
30, 944
34, 801
35, 756

39, 454
30, 201
38, 763
50, 415

-1.2
+9.7
+17. 9
s
+10.4

-25.1
+2.5
-10.2
-29.1

487,314
507, 591
515, 918

122, 708
105, 246
538, 136
86, 716
188, 747

126, 086
119,074
552, 422
100, 760
183, 493

107, 501
94, 587
562, 528
81, 755
181, 665

76, 164
79,072
566, 914
81,452
214, 016

69, 930
100, 633
535, 998
95,905
176, 506

46, 736
79, 796
609, 181
65, 307
191, 837

-8.2
+27.3
-5.5
+17.7
-17.5

+49.6
+26.1
-12.0
+46.9
-8.0

1, 091, 803
1, 107, 698

1, 227, 464 +12.4
1, 203, 379 +8.6

1, 012, 963

1,064,312

37, 457
39,900
50, 890

48,090
51,590
58, 870

51, 198
50, 218
58, 310

46, 802
42, 651
66, 430

45, 136
38, 976
48, 440

40, 019
37, 030
38, 920

+15.8
-8.6
-27.1

+12.8
+5.3
+24.5

613, 851
613, 655
499, 039

587, 412 -4.3
604, 708 -1.5
649,150 +30.1

51, 618
44, 618
44, 209

55,031
51, 378
41, 109

26,718
41, 308
30, 282

19, 679
27, 632
25, 179

23, 818
33, 167
35,363

33, 550
29, 451
32,703

+210
+20.0
+40.4

-29.0
+12.6
+8.1

486,440
451, 720
411, 144

497, 289
494, 809
450, 981

+2.2
+9.5
+9.7

12,419
8,897

11, 777
8,937

5,230
6,560

4,118
5,121

4,692
6,952

7,315
5,300

+13.9
+35.8

-35.9
-31.2

118, 894
119,970

105,379
97, 244

-11.4
-18.9

15, 315
19, 951

16, 425
21, 042

16, 359
17, 139

14, 172
11,858

192, 678
228, 074

197, 243 +2.4
200, 737 -12.0

2,749
3,299
12, 625
2,635
4,741

2,857
3,419
12, 249
4,174
5,483

2,806
3,478
11, 668
3,033
5,117

2,460
2,734
11, 396
3,649
6,082

11, 425
7,485

-5.8
-12.4
-12.4

+5.1

Hardwood Lumber
Walnut lumber:
Production
M ft. b. m__
Shipments
.. M ft. b. m _
Stocks, end of month
M ft. b. m__
New orders.
M ft. b. m__
Unfilled orders, end of month._M ft. b. m..
Walnut logs:
Purchased
M ft. log measure
Made into lumber and
veneer
M ft. log measure..
Stocks, end of month. _.M ft. log measure..
Northern hardwoods:
Production
-M ft. b. m__
Shipments
M ft. b. m__




2,931
2,863
13, 166
2,990
5,270

2,974
3,163
12, 305
3,307
5,664

3,063
2,687
13,264
2,628
5,389

+20.9
+15.7
+8.0
-9.4
-6.9

-2.9
+17.7
-7.2
+25.8
+5.1

35,545
34,768

34, 517
36, 060

-2.9
+3.7

34, 782

36, 852

+6.6

2,736

2,274

2,702

2,504

2,014

2,285

2,255

+1.3

+1.3

35, 262

29, 327

-16.8

2,579
3,058

2,643
2,684

2,606
2,636

2,888
2,359

2,489
1,884

2,538
1,557

2,416
3,041

+2.0
-17.4

+5.0
-48.8

31, 742

30, 686

-3.3

20, 073
27. 597

16, 624
25, 086

16, 727
31, 473

21,642
30,646

34, 639
23, 562

347, 236
329. 100

357, 356
330. 423

+2.9
4-0.4

37,543
24. 164

33

TREND OF BUSINESS MOVEMENTS—Continued
1929

1938

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

Septem-

October

November

December

PER CENT INj CREASE (-f ) OR
DECREASE (— )

1928

Jan.,
1929,
from
Dec.,
1928

January January

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

iPerct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

LUMBER PRODUCTS— Continued
Hardwood Lumber—Continued
Lower Michigan hardwoods:
4,915
5, 502
4,411
5,541
6,257
7,934
Production
M ft. b. m
6,467
7,349
6,137
5,695
7,280
8,147
Shipments
M ft b. m
20, 915
23,502
23, 509
19, 434
23, 206
30, 821
Stocks, end of month
M ft. b. m
Gum:
529
532
518
517
543
543
Stocks, total, end of month. mill. ft. b. m__
396
410
398
372
376
400
Stocks, unsold, end of month-mill, ft. b. m__
133
132
134
142
145
143
Unfilled orders, end of month.mill. ft. b. m_.
Oak:
954
959
918
938
907
1,051
Stocks, total, end of month..mill. ft. b. m__
775
800
746
741
768
865
Stocks, unsold, end of month-mill, ft. b. m__
161
159
171
166
170
186
Unfilled orders, end of month.mill. ft. b. m...
All hardwoods:
270
263
285
274
289
315
Production
mill ft b m
285
293
315
308
263
296
Shipments
_
.mill. ft. b. m..
293
289
323
274 1
323
330
New orders
mill ft b m
2,731
2,722
2,771
2,757 :
2,696
2,954
Stocks, total, end of month._mill. ft. b. m__
2,164
2,211
2,132
2,107
2,142
2,331
Stocks, unsold, end month. .mill. ft. b. m__
566
557
589
589
615
624
Unfilled orders, end month_.mill. ft. b. m__
Production, 10 species
M ft. b. m._ 2,206,862 1, 927, 716 2, 114, 273 1,991,913 1, 785, 505 2, 052, 155 2, 002, 727
170, 457 204,979 184, 054 208, 045
162, 221
240, 384 239, 145
Exports, planks, joists, etc
M ft. b. m
Retail yards, Minneapolis district:
17,860
17, 632
18, 242
5,489
13, 302
* 7, 807
* 4, 764
Sales
M ft. b. m
84,984
86,807
81,035
79, 400 4 84, 686
75, 810
72, 771
Stocks, end of month... _
M ft. b. m
Retail yards, Kansas City district:
6,140
6,497
4,333
4,035
7,008
5,494
4,763
Sales
M ft. b. m
45, 529
45, 326
45, 364
45, 361
42, 505
44, 458 |
41,842
Stocks, end of month...
_M ft. b. m

80,339
90, 048

!

Flooring
Maple flooring:
Production
M ft. b. m._
Shipments
M ft. b. m__
Stocks, end of month
_.M ft. b. m..
New orders _ _
M ft. b m
Unfilled orders, end of month _M ft. b. in
Oak flooring:
Production
M ft. b. m._
Shipments
M ft b m
Stocks, end of month
M ft b m
New orders.
_..M ft. b. m__
Unfilled orders, end of month.. M ft. b. m._
Doors at Wholesale
Fir, manufacturing plants:
Production _ _
number
Shipments
number
Stocks, end of month
number
New orders
_
number. _
Unfilled orders, end of month
number..
Wooden Furniture
Household furniture and case goods:
Shipments
dolls , average per firm
Unfilled orders
dolls., average per firm..
Grand Rapids district:
Unfilled order, end of
month _.
No. of days' production
New orders
No. of days' production
Shipments
No. of days' production.
Outstanding accounts, end of
month
No. of days' sales
Cancellations _ _ .per cent of new orders.
Plant operation
per cent of full time
Piano benches and stools:
New orders (average per firm) dollars..
Unfilled orders, end of month
(average per
firm)
dollars..
ShipmentsValue (average per firm) dollars
Quantity (total)
pieces..
Plywood and Veneer
Douglas fir plywood:
Production
thous. of sq. ft. of surface..
Shipments
thous. of sq. ft. of surface
New orders (sales) -thous. of sq. ft. of surface..
Unfilled orders, end of
month
thous. of sq. ft. of surface
Stocks, end of
month
thous. of sq. ft. of surface. _
Other plywood:
New orders
thous. of sq. ft. of surface..
Shipments
thous. of sq. ft. of surface..
Unfilled orders, end of
month
thous. of sq. ft. of surface
Bushel baskets:
Production
dozens..
Shipments
dozens..
Stocks, end of month
dozens..
Rotary-cut veneer:
Receipts
number of carloads .
Purchases
number of carloads..

Revised.


3,960
3,701
3,795

83, 169
82,454

!

+3.5
-8.4

3, 216 -18. &
3,306 -10.7
3.415 -10.0

+2.5 27, 909, 648 26, 164. 320 | -6.5
+0.5 2, 159, 316 2, 323, 681 +7.6
-29.7 +63.9
133, 401
158, 604 +18.9
+8.1 -6.2

+14.9
+15.5

+7.4
+2.0

-9.0
+8.4

69,284

67, 998

-1.9

-12.4 +5.8
-11.6 -29.5
+0.2 -13.9
+11.5 -26.5
+0.4 -12.4

114, 759
109,952

94, 3S9
93, 124

-17.7
-15.3

104, 349

89, 760

-14.0

526,000
513, 074

531, 429
531, 008

+1.0
+3.5

506, 436

533, 563

+5.4

655, 804

626, 782

-4.4

8,413
9,515
23,232
8,851
10, 187

7,675
7,929
22,554
7,110
10, 106

8,204
8,543
21, 352
7,230
7,940

8,721
6,230
21,960
6,537
7,157

8,866
5,784
24, 674
5,382
7,988

51,529
51, 860
67, 864
49, 427
47, 026

45,926
45, 020
68, 456
43, 141
47,099

51, 225
45, 652
72, 689
38, 132
41, 151

45, 794
37, 232
80, 331
43, 753
48, 052

38, 747
31, 665
87, 856
29,033 1
30, 956

.

314, 154
344, 643
267, 118
227, 311
344, 094

273, 076
305, 555
238, 399
237, 769
300, 106

372, 158
362, 004
243, 946
285, 147
215, 872

244, 857
254, 110
251, 837
253, 418
217, 608

203, 776 i
166, 886
277, 431
247, 799
295, 919

253, 005
268, 826
216, 207
311, 347
219, 981

65,947
57, 288

65, 010
58, 576

70, 030
50, 266

59, 855
51, 136

41, 962
45, 885

53
30
31

49
31
30

38
31
37

50
50
35

39
18
26

56
7.0
92.0

65
9.0
101.0

65
10.0
103.0

65
6.0
100.0

59
17.0
99.0

6,396

9,508

9,929

7,812

8,014

7,043

85,OCO -21.1

3,012

3,178

2,385

1,066

2,851

i

107, 819

2,323
5,251
6,020

8,343
9,826

9,760
10,972

8,594
9,790

9,315
10, 519

5,918
7,617

i....

106, 180
137, 005

84, 578 -20.3
102,918 -24.9

11,094
10,988
11,030

9,426
9,257
10, 245

13, 079
12, 003
12,654

9,291
9,133
8,336

8,426
7, 921
9,212

12, 743
13, 530
16, 030

+51.2
+70.8
+74.0

8,024

7,715

6,628

5,307

6,863

9,001

+31.2

7,358

7,309

7,704

7,747

8,433

7,316

4,239
2,961

3,381
3,177

4,411
4,235

5,773
4,147

3,749
2,973

3,426
3,746

34,509
34,956

41, 138 +19.2
36, 583 +4.7

7,771
5,114
24, 733
5,999
8, 019

7,346
7,252
28,721
8,161
9,154

35,947
38, 080
82, 239 i
53 888 1 . . .
45, 925

+24.2
+61.1
-22.1
+25. 6
-25.7
41, 335
51, 033

...

It !__
23

1
55 i
7.0
95.0

.:: ::::::.

-13.2

2,469
2,575

-8.6 +38.8
+26.0 +45.5

5,131

5,469

5,817

6,778

6,811

5,971

2,863

243, 056
262, 810
570, 726

177,982
285, 813
409, 110

156, 521
156, 407
420, 671

114, 184
75, 337
464, 733

81, 302
111, 244
434,942

135, 090
126, 602
331, 992

95,832
58, 896
406, 694

+66.2 +41.0
+13.8 +115. o;
-23.7 -18. 4

2, 715, 339
2,562,088

2, 171, 713 -20.0
2, 234, 611 -12.8

259
325

244
199

337
255

222
190

206
178

175
241

80
132

-15.0 +118.8
-35.4 +82.6

98
97

185 +88.8
20fi -1-112. 4

-12.3

+108.6

34

TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

1929

PER CENT INCEEASE (+) OR

1938

DECREASE (— )

August

September

October

November

December

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1938

1937

iPerct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

STONE, CLAY, AND GLASS PRODUCTS
Clay Products
Face brick, averages per plant:
Production
- .. _ thousands. .
Shipments
thousands . .
Stocks, end of month _
thousands
Unfilled orders, end of month.. thousands __
Common brick:
Stocks, end of month—
Burned
thousands
Unburned
thousands
Shipments
_. .thousands..
Unfilled orders, end of month. .thousands..
Plants closed down
number
Price, red, New York
dolls, per thous..
Porcelain plumbing fixtures:
Net new orders
pieces
Shipments
pieces
Unfilled orders, end of month
pieces..
Stocks end of month
pieces
Vitreous china plumbing fixtures:
New orders
pieces..
Shipments
pieces. _
Unfilled orders, end of month
pieces..
Stocks, end of month
pieces..
'Terra cotta, new orders:
Quantity
- net tons..
Value
thous. of dolls..
Portland Cement
Production
. .. — thous. of bbls..
Operation
per ct. of capacity..
Shipments
_ thous. of bbls. _
Stocks, end of month
thous. of bbls..
-Stocks, clinker, end of month... thous. of bbls..
Wholesale prices, composite
dolls, per bbl..

890
841
2,282
989

900
850
2,523
1, 101

902
819
2,320
855

658
840
2,553
843

735
532
2,755
892

491, 088
206, 938
218, 339
221,625

498, 691
257, 692
167, 078
213, 274
21
12.50

454,931
91,226
122, 078
145,427
49
12.50

537,712
287, 162
180,360
204, 189
67
12.00

461,357
106,440
136,033
182,791
84
12.00

13.50

707
436
3,568
891

482
402
2,958
761

11.50

517,897
68,611
131, 338
219, 233
91
12.75

-3.8
+46.7
+8.5
-18.0
+29.5 +20.6
-0.1 +17.1

8,758 -1.9
8,801 +10.6

8,929
7,959

2,211,243 2, 230, 660
-4.2

+0.9

-9.8

+10.5 -27.4
+26.7 -10.5
-0.1 +56.8
-3.7 +21.2

12, 960
22, 970
65, 029
47, 690

9,939
16, 525
54,583
50,953

22, 665
17, 018
50, 558
50,956

11, 715
14,657
38,268
47,550

12, 195
9,350
35, 545
47,044

13, 471
11,849
35, 497
45,296

18,545
13, 239
22, 639
37, 374

317, 305
267, 710
353, 034
477, 593

180,758
215,284
318, 508
510,864

222, 190
236, 781
303, 917
531, 119

221, 575
201,925
323, 567
554, 422

231, 771
165, 712
389, 626
622, 590

276, 144
260, 829
404,941
570, 141

237, 727
240, 829
329,482
544, 461

+19.1
+57.4
+3.9
-8.4

+16.2
+8.3
+22.9
+4.7

12, 058
1,123

10,570
1,005

15, 597
1,460

9,998
949

9,453
982

10, 056
1,086

10, 850
949

+6.4
+10.6

-7.3
+14.4

. 147, 135
14, 479

18, 739
93.1
21, 970
19, 374
9,357
1.683

17,884
91.7
20, 460
16, 749
7,566
1.650

17, 533
87.1
19, 836
14, 579
5,944
1.650

15, 068
77.4
11, 951
17, 769
5,953
1.650

12, 189
60.4
7,384
* 22, 650
<7,422
1.650

9,781
46.5
5,735
26, 696
9,627
1.660

9,768
49.4
6,541
25, 116
9,672
1.683

-19.8
-23.0
-22.3
+17.9
+29.7
0.0

+0.1
-5.9
+12.9
+6.3
-0.5
-2.0

171,908

175,968

+2.4

170, 922

175, 455

+2.7

12, 145
599

26, 105
1,169
9,427

13, 413
598
9,337

19,025
845
8,692

< 41, 962
< 1, 076
« 8, 163

16, 057
557
7,835

10, 728
458
8,480

-61.7
-48.2
-4.0

+49.7
+21.6
-7.6

189, 349
8,285
115, 918

193,913
7,628
106, 550

+2.4
-7.9
-8.1

16, 889

9,254

14, 752
9,630

7,068
3,856

8,430
5,213

8,080
5,166

7,461
6,089

5,902 . -7.7
4, 103 +17.9

+26.4
+48.4

125, 768
73, 952

148, 078 +17.7
93, 502 +26.4

12, 159

10,897

11, 140

11,640

10, 579

11,426

8,825

+29.5

111, 390

130, 648 +17.3

2,686

2,322
78.7
2,122
2,433
8,084
6,173

2,389
71.6
2,721
2,261
8,415
6,302

2,146
66.8
2,950
1,990
8, 872
6,455

1,970
63.8
2,599
1,874
9,510
6,542

2,367
73.6
3,089
2,435
9,306
6,460

2,207
76.9
2,680
1,958
10, 140
6,327

+7.2
+20.2
+15.4
-4.3
+18.9 +15.3
+29.9 +24.4
-2.1 -8.2
-1.3 +2.1

25,316

28, 447 +12.4

27,068
25,495

29, 317
28, 012

3,190
43.0
44.2
43.0

4,193
50.5
53.2
51.9

4,245
54.2
51.1
51.9

3,949
54.6
39.0
45.0

2,685
34.8
39.7
36.5

34, 916

39,044 +11.8

36.5
44.5
42.5
1.8
4.3

1.7
4.3

1.7
4.1

1.6
4.2

1.5
4.7

1.2
4.2

2, 685, 034 3, 079, 675 +14.7
2,933,371 3, 012, 173 +2.7

148,755
14, 171

+1.1
-2.1

Highways
Federal-aid highways:
Completed—
Cost
thous. of dolls..
Distance
.
.miles..
Under construction, end of month...miles..
'Concrete pavements, new contracts:
Total
..thous. of sq. yds..
Roads
thous. of sq. yds..
Plate Glass
Production, polished.
thous. of sq. ft..
Glass Containers
Actual production:
Quantity
gross..
Relation to capacity ._
per cent..
New orders
. .... gross..
•Shipments
gross .
Unfilled orders, end of month
gross..
Illuminating Glassware
Production:
Total
number of turns
Ratio to capacity
per ct of capacity
New orders
per ct. of capacity
'Shipments
per ct of capacity
Unfilled orders, end
of month
number of weeks' supply
-Stocks, end mo
number of weeks' supply

9,547

80.9
1,909

2,654
8,467
6,297
2,985

+8.0

CHEMICALS AND OILS
Chemicals
-Sulphuric acid:
429, 264
559, 952 +33.0 -23.3
Exports
thous. of Ibs . 291, 035 581, 760 441, 867 632, 942 322, 787
0.0
0.0
.78
.78
Price wholesale
dolls per 100 Ibs
.78
.78
.78
.78
.78
Nitrate of soda:
-2.0 +19.8
83, 698
48, 385
45, 575
85, 391
69, 867
Imports
. long tons .
75, 318
36, 644
-6.5 +13.1
282, 300 285, 900
275, 000
293, 600
274, 500 242, 800
Production in Chile
metric tons
259, 400
Potash salts:
22, 412
28,242
24, 639
24,724
Imports (commercial) . ... -long tons .
57, 327
43, 313
31, 646 +10.3 -21.9
Production in France
40, 000
37, 400
38, 538
31, 290
(KgO content)
metric tons
35,200
34,300
Sales in Germany
82, 463
202, 010
107, 146
76, 507
(K2O content)
metric tons
108, 696
140, 818
•Superphosphate (acid phosphate):
372, 817 358,008
+6.6 +4.1
294, 381
Production
_. .. short tons .
276, 811 350,958 322,452 349, 685
Stocks, end of month
...short tons.. 1, 414, 615 1, 424, 169 41,566,402 1, 832, 363 2, 058, 284 2, 288, 258 2, 196, 736 +11.2 +4.2
101, 540 +15.2 +21.4
91, 165
75,680 107, 008
123, 248
154, 443
82, 876
Shipments
short tons
Fertilizer:
87, 632 +50.8 +13.8
94, 085
66, 134
99, 751
103, 575
99, 149
86, 289
Exports
long tons
112, 659
450, 600 * 626, 560 +300. 0 -28.1
84, 947
62, 903
Consumption, Southern States-short tons..
138,470 151, 128
Dyes and dyestuffs, exports:
92
239 -37.0
-61.5
146
231
400
237
157
Vegetable
. thous. of Ibs..
1,715
58
5,194
2,436
1,926
1,335
1.330
Coal tar
thous. of lbs._

< Revised.



+8.3
+9.9

)

7, 512, 347

7, 001, 959

736, 025
1, 611, 342

1, 032, 909 +40.3
3, 163, 500 +96.3

268, 997

357, 703 +33.0

372, 040

410, 316 +10.3

-6.8

1, 239, 506 1, 421, 216 +14.7
3, 293, 543

3, 892, 320 +18.2

1, 615, 084

1, 911, 908 +18.4

1, 273, 176 1,210,426 -4.9
4, 579, 369 5, 603, 846 +22.4

3,771
26, 763

3,158 -16.3
32, 271 +20.6

35
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

1929

October

November

December

PEE CENT INCREASE (+) OR
DECREASE (— )

1928

January January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
PROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

CHEMICALS AND OILS— Continued
Arsenic
Crude:
Production
short tons..
Stocks, end of month
short tons..
Refined:
Production
.
. short tons
Stocks, end of month
short tons
Price index numbers:
Drugs and
Pharmaceuticals
rel. to Aug., 1914..
Chemicals
rel. to 1913-14..
Oils and fats
rel. to 1913-14 .

2,086
2,999

1,079
2,978

1,238
3,024

1,622
3,419

1,215
3,274

1,158
1,407

13, 929

803
1,618

799
1,971

835
2,344

802
2,766

1,030
3,282

827
2,496

10, 315

164
113
121

164
113
121

113
124

113
124

113
124

113
125

112
130

12, 267
1,283

11, 580
1,263

12, 519
1,109

-5.6 -7.5
+13.9
-1.6

156, 560
9,700

132, 098 -15.6
10, 133 +4.5

12, 684
1,417

11, 162
1,214

11, 343
831

-12.0 -1.6
-14.3 +46.1

156, 390
7,899

146, 354 -6.4
11, 891 +50.5

1,095
127
24
4.50

1,498
174
42
4.50

17, 596
2,840
1,630
3.50

+36.8
+37.0
+75.0
0.0

-91.5
-93.9
-97.4
+28.6

12, 134

11, 173

682, 480
51, 937

624, 047
52, 925

699, 551
47, 234

-8.6
+1.9

-10.8
+12.0

8, 032, 315
414, 495

7, 490, 536
416, 836

232, 740
42, 698

222, 325
28, 103

344, 798
39, 249

-4.5
-34.2

-35.5
-28.4

145, 093 1, 126, 152
56, 104
48, 495
33, 384
43, 915

0.0
+0.8

16, 485 +18.4

9,294

-9.9

+0.9
-3.8

Wood Chemicals
Acetate of lime:
Production4 8, 605 4 10, 526 4 12, 315
United States
..thous. of lbs._
4 9, 486
1,242
999
Canada..
thous. of lbs_.
None.
446
ShipmentsUnited States
thous. of lbs__ * 12, 840 4 13, 355 4 10, 407 4 13, 119
Canada
_
-thous. of Ibs
348
990
1,123
2,098
Stocks, end of month —
4 2, 863
United States
thous. of Ibs..
4 3, 134
4 2, 078
4 7, 950
183
349
Canada
thous. of Ibs .
140
283
449
Exports
__
-thous. of Ibs..
1,141
36
20
4.00
Price, wholesale
dolls, per cwt
3.88
4.00
4.50
Methanol, crude:
ProductionUnited States
gallons. _ * 535, 803 4 495, 555 4 641, 823 4 745, 430
Canada. _
.gallons..
45, 768
None.
53, 146
18,816
Stocks at crude plants, end of monthUnited States. _
gallons.. * 287, 492 4 229, 683 4 314, 171 4 284, 685
34, 399
Canada
.
.
...gallons.19, 682
37,933
13, 665
United States
Canada
Exports
Wood at chemical plants:
ConsumptionUnited States
Canada.
_.
Stocks, end of monthUnited States
Canada
Daily capacity—
Total
_
Shutdown.
Methanol, refined:
ProductionUnited States
Canada
Stocks, end of monthUnited States
Canada
Shipments —
United States
Canada
Price, wholesale, N. Y

160, 156
64, 817
14, 000

164, 972
67, 314
32, 540

161, 723
57, 814
20, 408

167, 012
53, 426
34,583

219, 545
47, 287
69, 407

4 55, 085
None.

449,444
2,160

4 65, 182
5,366

4 73, 633
6,248

73, 591
6, 386

71, 043
6,630

68, 559
5,858

cords . 4 509, 435 4 514, 204 4 550, 412 4 532, 516
cords. .
73, 119
73, 700
72, 760
73, 759

622, 937
72, 399

494, 740
72,933

gallons..
gallons..
..gallons..
cords
cords. .
_
A

-7.9

-6.7
+0.6

-33.9 -87.1
+2.6 -13.6
-36.7 +31.5

309, 060

567, 752 +83.7

-3.5
+3.8

+3.6
+13.2

859, 905
49, 086

760, 740 -11.5
51,081 +4.1

560, 568
74, 440

-20.6
+0.7

-11.7
-2.0

5, 414, 154
300, 138

5, 982, 579 +10.5
432, 450 +44.1

...cords..
cords..

^3,482
1,053

4 3, 486
4 1, 083

4 3, 486
4668

4 3, 485
4370

3,452
388

3,336
202

3,293
249

-3.4
-47.9

+1.3
-1&9

gallons..
gallons..

436, 811
14, 700

355, 353
38,600

487, 384
56,700

536, 782
39, 500

667, 468
57, 600

494, 501
59,800

496,073
38, 700

-25.9
+3.8

-0.3
+54.5

gallons..
gallons..

396, 730
26, 715

300,478
33, 101

325, 914
23,339

422, 640
21, 751

464, 063
38,912

503, 054
35,534

455, 316
29, 198

+8.4 +10.5
-8.7 +21.7

gallons..
gallons..
dolls, per gal..

497,971
22,076
.48

415, 340
25, 396
.48

493, 712
48,330
.51

494,047
42,989

615, 515
33, 869
.58

506,624
47, 629
.58

482, 666
17, 775
.48

-18.7 +5.0
+40.6 +168.0
0.0 +20.8

5, 723, 997
293, 303

6, 044, 639
316, 444

+5.6
+7.9

18,764
16, 128
9,263

18, 613
15,269
11,295

20,685
20, 718
9,907

19,220
19,294
8,132

19,898
18,236
8,953

15, 282
13,911
8,701

13, 050
10,098
9,463

-23.2 +17.1
-23.7 +37.8
-2,8 -8.1

173, 630
162, 087

184, 981
168, 555

+6.5
+4.0

35,092
23,039
32, 268
18, 554

35, 310
37, 465
33, 611
16, 274

38,636
38, 854
36, 347
16, Oil

35, 524
34, 293
32, 723
17, 147

33, 642
31, 660
29, 068
20, 148

33, 596
35, 576
35, 733
18, 071

29, 607
31, 332
29, 878
17, 973

-0.1 +13.5
+12.4 +13.5
+22.9 +19.6
-10.3 +0 5

408, 888
406, 045
390, 540

397, 419
386, 462
374, 920

-2.8
-4.8
-4.0

42, 724
73,304
.52

34, 312
73, 595
.52

33, 924
79, 509
.53

28, 160
83, 472
.59

27, 360
90, 371
.61

8,175
79, 837
.61

7,764
72, 035
.60

-70.1 +5.3
-11.7 +10.8
0.0 +1.7

406, 514

339, 713 -16.4

145, 357
227, 517
9.59

116, 029
230, 672
9.18

115, 235
216,917
9.31

117, 168
246, 178
9.59

125, 706
271, 187
9.34

45, 203
227,409
8.87

41, 160
200, 262
9.54

+9.8
-64.0
-16.1 +13.6
-5.0 -7.0

1, 406, 414

37, 623
114,074

35,473
112, 964

36,942
111,728

35, 771
112,680

33, 630
115,216

37, 765
120, 956

29,200
85,413

+12.3
+5.0

+29.3
+41.6

414, 858

420, 516

+1.4

6,274
6,898

6,257
6,027

6,486
5,704

6,882
5,944

6,750
6,883

7,347
7,869

5,771
10, 621

+8.8 +27.3
+14.3 -25.9

79, 778

75, 118

-5.8

225, 668
822, 813

211, 828
845, 762

219,525
845,645

211,960
827, 633

209, 125
898, 610

238, 703
938, 737

198, 646
605, 771

+14.1 +20.2
+4.5 +55.0

2,782,356

2,693,949

-3.2

Ethyl Alcohol
Production . ,
thous of gals
Withdrawn for denaturization.. thous. of gals. .
Warehouse stocks, end of month. thous. of gals..
Explosives
(Black powder, permissible, and other high
explosives)
Production
..thous. of Ibs. .
Shipments
thous. of lbs_.
r
New orders
thous. of lbs_.
Stocks, end of month
thous. of lbs_.
Naval Stores
Turpentine (gum):
Net receipts, southern ports
barrels..
Stocks at port, end of month
barrels..
Price, southern, New York.. dolls, per gal..
Rosin (gum):
Net receipts, southern ports
.barrels..
Stocks at 3 ports, end of month
barrels..
Price, B, New York
dolls, per bbl__
Rosin (wood):
Production
barrels..
Stocks, end of month
barrels..
Turpentine (wood):
Production
barrels..
Stocks, end of month
barrels..
Pine oil:
Production
_.
gallonsStocks, end of month
gallons..
4
Revised.




1, 199, 261 - 14.7

36
TREND OF BUSINESS MOVEMENTS—Continued
1929

1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

November

December

January

1928

January

PEE CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

CHEMICALS AND OILS— Continued
Roofing
Roofing, felt:
Production, dry felt
tons..
Stocks, end of month, dry felt
..tons..
Prepared roofing:
Shipments. . _
thous. of roof squares. .

25, 574
3,356

24, 343
3,427

2,447

3, 774

1,444
56, 364
19, 716

23, 930
3,367

17, 424
4,045

14, 475
4,600

3,222
80, 914
20, 754

3,681
82, 176
22, 897

5,570
71, 918
30, 955

3,928
70, 010
57, 087

2,884
74, 261
46,949

9, 405
59, 870
26, 872

21 743
3,088

303, 311

281, 420

-69.3
+24.0
+74.7

70, 713
704, 365
225, 519

55, 006 -22.2
762, 773 +8.3
276,271 +22.5

-7.2

Fats and Oils
Total vegetable oils and copra:
Exports
thous. of lbs__
Imports
thous. of lbs._
Copra imports
short tons
Copra' or coconut oil:
Imports
thous. of lbs_.
Consumption in
oleomargarine
thous. of lbs_.
Oleomargarine:
Production
.
- thous. of Ibs..
Consumption
.. ..
thous. of lbs_.
Animal glues:
Shipments
-- thous. of lbs_.

-26.6
+6.1
-17.8

12, 581

34,008

31, 534

29,672

36,444

35, 164

32, 751

-3.5

+7.4

293, 369

290, 638

11,910

14,452

15, 714

16, 026

14, 839

15, 455

13, 191

+4.2

+17.2

122, 575

23, 610
24, 965

28, 446
29,002

30, 631
30, 137

30, 569
32, 755

28,899
28, 526

29, 474
27, 847

26, 205
27, 729

+2.0
-2.4

+12.5
+0.4

276, 714
274, 577

159, 852 +30.4
&*
316,489 +14^4
317, 475 +15.6

6,780

6,256

7,528

6,958

6,325

6,108

6,814

-3.4

-10.4

75, 140

79, 441

+5.7

869, 738 1, 519, 076 1, 010, 791
707, 392
420, 883
903, 031
869, 599
701, 116
566, 530 1, 182, 175 1, 323, 367 1, 328, 703

420, 026
748, 093
991, 366

318, 741
570, 704
760, 990

-40.6
+6.7
-25.4

+31.8
+31.1
+30.3

5, 616, 815
5, 902, 232

4, 930, 020
4, 612, 930

-12.2
-21.8

20, 863
15, 346

126, 584
67, 951

280, 383
123, 167

272, 893
143, 080

219, 532
133, 837

237, 127
141, 595

182, 334
170, 499

+8.0
+5.8

+30.1
-17.0

1, 806, 754

1, 460, 201 -19.2

19, 677
236, 200
.094
2,062

61, 889
159, 629
.099
2,437

204, 255
220,449
.099
2,678

223, 886
322, 857
.096
2,621

217, 211
431, 694
.103
2,522

205, 804
511, 162
.103
2,283

143, 230
539, 445
.101
2,162

-5.3
+18.4
0.0
-9.5

+43.7
-5.2
+2.0
+5.6

1, 592, 888

1, 328, 463 -16.6

24, 621

26, 933

+9.4

34, 760
19, 794
944

185, 723
61, 350
22, 013

405, 150
124, 196
60, 015

387, 160
160, 899
40, 482

315, 442
182, 173
60, 272

337, 989
237, 067
34, 135

258, 150
176, 416
53, 249

+7.1
+30.1
-43.4

+30.9
+34,4
-35.9

2,648,053

2, 085, 350

-21.2

440, 550

290, 510

-34.1

1,025
426
310

3,812
1,260
615

6,600
2,348
2,585

2,140
2,862
1,243

770
199!
1,257

369
283
1,063

723
577
3,312

-52.1
+42.2
-15.4

-49.0
-51.0
-67.9

20, 163
11, 692

18, 104
10, 624

-20.0
-9.1

137
1,068

62
1,254

1,014
1,209

515
1,417

115
1,533

69
1,411

101
1,181

-40.0
-8.0

-31.7
+19.5

2,929
21, 820

2,240
17, 619

-23.5
-10.3

13, 571
.098

14, 443
.098

15, 437
.101

13, 622
.102

8,375
.101

.100

13, 023
.098

127, 407
-1.0

170, 859

+2.0

+34.1

16, 051
52, 392

26, 257
38, 772

30, 071
51, 894

31, 468
44, 131

26, 141
46, 569

22, 859

27, 056
44, 367

-50.9

-48.5

206, 416
663, 299

274, 837 +33.1
561, 549 -15.3

92, 108
32, 728
84, 221
46, 105

114, 523
78, 069
73, 322
39, 508

138, 239
158, 204
84, 423
30, 365

140, 775
173, 890
43, 532
35, 627

142, 532
197, 219
32, 963
21, 415

130, 063
188, 742
22, 537
16, 762

82, 368
152, 560
23, 542
14, 284

-8.7
-4.3
-31.6
-21.7

+57. 9
+23.7
-4.3
+17. 3

481, 256
314, 495

522, 787
305, 522

+8.6
-2.9

10, 394
14, 588

17, 939
22, 528

22, 058
28,272

10, 561
15, 955

7,641
11, 866

3,399
9,559

5,956
11, 560

-55.5
-19.4

-42.9
-17.3

168, 307
226, Oil

96, 270
150, 036

-42.8
-33.6

29, 220

30, 928

48, 957

80, 633

53, 242

25, 032

IS, 647

-53.0

+34.2

296, 741

413, 746

+39.4

1.19

1.19

1.16

1.16

i i 0'•,\
1. ,

1.21

1.35

+5.2

-10.4

1.38

1.45

1.44

1.45

1.39

1.42

1.51

+2.2

-6.0

1.06

1.07

1.10

1.12

1.11

1.14

1.33

+2.7

-14.3

45, 289
9,690

* 42, 246
7,600

45, 759
7,794

42, 823
7,246

+8.3
+2.6

+6.9
+7.6

500, 850
80, 788

521, 448 +4.1
90, 380 +11.9

+8.1

+8.5

+1.6

-7.5

109, 178
123, 812
17. 702

113, 129 +3.6
126, 736 +2.4
19. 791 -4-11.8

-0.9

Cottonseed
Cottonseed:
Receipts at mills
short tons
Consumption (crush)
_. short tons__
Stocks at mills, end of month_ .short tons..
Cottonseed oil, crude:
Production
thous. of lbs._
Stocks, end of month..
thous. of lbs__
Cottonseed oil, refined:
Production
-thous. of lbs._
Stocks, end of month
thous. oflbs..
Price, yellow, prime, N. Y
dolls, per lb_.
Consumption in oleomarg thous. of lbs._
Cottonseed cake and meal:
Production
. - short tons..
Stocks, end of month
short tons..
Exports
.short tons. .

169, 498
73, 795
117, 484

Flaxseed
Minneapolis and Duluth:
Receipts
thous. of bushs..
Shipments
_ .thous. of bushs..
Stocks, end of month
thous. of bushs..
Mill receipts at DuluthSuperior
- -thous. of bushs..
Imports
thous. of bushs. .
Linseed oil:
Shipments from Minneapolis.thous. of lbs__
Price, New York
dolls, perlb..
Linseed cake and meal:
Shipments from Minneapolis.thous. of lbs._
Exports
..thous. of lbs_.
FOODSTUFFS
Wheat
Visible supply, end of month:
United States
...thous. of bushs..
Canada
thous. of bushs_.
Receipts, principal markets _.. thous. of bushs. _
Shipments, principal markets.thous. of bushs..
Exports:
United StatesWheat only
thous. of bushs_.
Including wheatflour.thous.of bushs. .
CanadaIncluding wheat flour.thous. of bushs_.
Prices:
No. 1, Northern spring,
Minneapolis.
_. .dolls, per bush__
No. 2 Red Winter,
St. Louis
dolls, per bush..
No. 2 Hard Winter,
Kansas City..
...dolls, per bush..
Wheat Flour
Grinding of wheat:
United States
thous. of bushs ^.
Canada
. -thous. of bushs .
Production:
United States, actual
thous. of bushs..
United States, prorated
thous. of bbls..
Canada
thous. of bbls..
4
Revised.




4

47, 657
7,330

4

48, 014
8, 554

4

52, 890
9,473

4

10, 370
11, 563
1.590

4

10, 512
11, 197
1, 892J

4

11, 587
13,316
2.130

4

4

9, 909
11, 200
2.175

4

9, 269
10,229
1.672

10, 022

1.698

4

4

9, 242
10, 502
1.579

37
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

November

December

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

1939

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

1927

1928

+6.3
+7.3

8, 665, 202

9,105,982

+5.1

111, 596

113, 521

+1.7

+45. 8 +10.0
0.0 +21.8

12, 814
9,262

FOODSTUFFS— Continued
Wheat Flour— Continued
Production, grain offal
Capacity operated flour mills
Consumption (computed)
Stocks, all positions, end of
month (computed)
Exports:
United States
Canada
Wholesale prices:
Standard patents IMinn
Winter, straights
Kansa^ City

thous. of Ibs
per cent
thous of bbls

4

819, 994
58
10, 431

4

820, 934
66
9,077

4

910, 900
66
12, 536

4

780, 189
61
10, 401

thous. of bbls

7,400

8,500

7,900

932
925

1,020
890

1,381
1,171

1,199
1,159

dolls per bbl

6.62

6.59

6.41

dolls per bbl

5.66

5.65

5.59

1,018
9,985
21,467
15,778
5,193
.97

668
7,114
19, 658
11, 949
6,541
.99

27, 271
15, 687
2,403
.39
988

727, 305
57
9,420

7,500

thous. of bbls
thous. of bbls

4

791, 828
59

4

745, 242
55
8,207

+8.9
+3.5

7,150

7,730

939
933

1,369
933

1,245
766

6.23

6.13

6.34

7.45

+3.4

5.50

5.52

6.70

+0.4

-17.6

870
2,271
13, 323
9,044
7,725
.94

2,124
7,223
26, 921
11, 868
7, 535
.90

6,288
17, 790
42, 712
18, 564
6, 550
.86

12, 357
28, 012
39, 876
19, 838
8,364
.92

1,661
30, 078
36, 001
19, 551
8,330
.89

+96 5
+57.5
-6.6
+6.9
+27.7
+7.0

-6.9
+10.8
+1.5
+0.4
+3.4

14, 375
18, 004
2,308
.43
1,100

13, 872
17, 882
1,653
.45
1,292

10, 834
16, 935
822
.47
1,112

11, 196
17, 118
951
.49
896

9,919
16, 212
703
.52
824

10, 495
21, 519
623
.56
. 1, 040

15, 968

16, 499

17, 760

13, 988

11, 580

9,956

23, 611
6,313
8,758

21, 710
8,084
14, 830

16, 797
8,962
11, 639

7,377
9,627
5,263

6,476
9,250
6,873

.73

.67

.62

55

2,636
1,440
709
.98

6,001
1,927
2,471
1.00

6,770
4,437
3,098
1.05

27, 476

42, 805

45, 533

11, 949 -6.8
10, 747 +16.0

-14.9

5.53

4

Corn
Exports including meal
thous of bushs
Visible supply end of month thous of bushs
Keceipts, principal markets.. _thous. of bushs..
Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose) thous. of bushs..
Price, No 2, Chicago
dolls per bush

14, 976

26, 900 +79.6

247, 412
137, 093
85, 548

331, 047 +33.8
212, 465 +55.0
86, 922 +1.6

-5.5
-11.4
-5.3 -24.7
-26.1 +12.8
+6.1 -7.1
-8.0 -20.8

148, 787

154, 281

+3.7

10, 179

10, 583

+4.0

10, 245

11, 403 +11.3

12, 461

-14.0 -20.1

121, 366

149, 620 +23.3

6,401
2,359
1,901

-3.4 +278. 6
-66.9 +19.8

65, 507

102, 498 +56.5

8,932
2,277

40, 555

57, 597 +42.0

.57

.60

.93

+5.3

-35.5

1,515
4,143
1,401
1.06

2,083
5,726
499
1.06

1 477
3,656
519
1.09

41, 751

27, 925 -33.1

197
1.04

-60.5
-1.9

-62.0
-4.6

36, 173

14, 671 -59.4

25, 564

26, 477

25, 093

-5.2 +104. 6

327, 898

255, 778 -22.0

338, 269 1, 197, 924 2, 113, 697 1, 935, 761

947, 584

Oats
Receipts, principal markets... thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports, including meal
thous. of bushs
Price, contract grades, Chi
dolls, per bush..
Grindings, Canada
thous. of bushs .
Production, oatmeal and rolled
oats, Canada
thous, of Ibs
Barley
Receipts, principal markets. __ thous. of bushs..
Visible supply, end of month. .thous. of bushs..
Exports.
thous. of bushs
Price, fair to good, malting,
Chicago
dolls per bush

Bye
Receipts, principal markets thous. of bushs..
Visible supply, end of month. -thous. of bushs..
Exports, including
flour
thous. of bushs _
Price No 2 Chicago
dolls per bush
Total Grains
Total grain exports, incl. flour. thous. of bushs..

12, 264

Bice
Southern paddy, receipts at mills
bbls__
Shipments:
Total from mills
pockets (100 Ibs )
New Orleans
pockets (100 Ibs.)
Stocks, end of month
pockets (100 Ibs )
Exports
pockets (100 Ibs.)
Imports
pockets (100 Ibs.)
Other Crops
Apples:
Cold-storage holdings,
end of month
thous. of bbls
Car-lot shipment
carloads
Potatoes:
Car-lot shipments
carloads
Onions, car -lot shipments __ _. carloads
Citrus fruits, car-lot shipments
carloads..
Hay, all tame, receipts..
_
tons..

346, 076
777, 583 1, 245, 714 1, 277, 631 1, 053, 585
202, 697 251, 453 205, 384
96, 643
147, 464
695, 660 1, 108, 564 2, 142, 144 2, 886, 600 2, 792, 141
126, 668
152, 906
228, 255 408, 917 542, 283'
6,026
8,864
15, 412
16, 663
29, 774

9, 634, 168 10, 247, 434
2, 103, 510 2, 016, 420

+6.4
-4.1

+7.6
+45.2

-24.2
-6.2

+29.2
+44.3

98, 505

116, 102 +17.9

+51.3 -0.9
+51.2 -21.8
+14.4 +68.1
+53.3 +4.5

246, 151
32, 368
105, 993
696, 008

250, 626 +1.8
33, 759 +4.3
94, 176 -11.1
642, 987 -7.6

1,631
18, 085

8,733
44, 034

10, 392
19, 331

4

9, 052
8,161

6,859
7,656

15, 538
2,561
4,254
59, 774

20, 267
6,009
3,636
64, 511

28, 921
4,115
5,868
60, 558

17, 593
2,158
11,671
54, 962

12, 872
1,611
13, 314
42, 958

19, 479
2,436
15, 226
65, 854

19, 665
3,114
9,057
63,009

1,829
814
336
1,007

2,191
1,067
563
1,069

4

4

1,510
598
253
910

1,635
567
178
1,051

1,771
660
234
1,080

366, 012
355, 846 1
4
867j

419, 676
431, 078
1,119

387, 750
397, 395
974

84
4,170

9, 208, 835 10, 252, 010 +11.3

853, 581
1, 118, 120
146, 342
-28.7
158, 323
2, 106, 310
504, 921
-6.9
469, 435
76, 593
52, 744 +157. 2

5,307
5,305

-7.6

3, 099, 943 3, 793, 709 +22.4
522, 071
335, 984 -35. 6

Cattle and Beef
Cattle movements, primary markets:
Receipts
thousands
Shipments, total
thousands
Shipments, stocker and feeder, .thousands __
Local slaughter
.thousands. _
Beef products:
Production, inspected
thous. of Ibs. _
Apparent consumption
thous. of lbs_.
Exports
thous. of lbs._
Cold-storage holdings,
end of month
thous of Ibs
Prices:
Cattle corn-fed Chicago dolls per 100 Ibs
Steer rounds, No. 2.
...dolls, per lb_.
Western dressed steers. N. Y.-dolls. per lb..
4
Revised.




398, 056
407, 512
4
1,419

4

418, 882
433, 958
647

4

4

2, 541
1,327
799
1, 195

430, 688
421, 850
4
1, 276

31, 065

37, 223

58, 036

15.11
.244
.260

16.19
.259
.284!

14.63
.255
.282

4

4

1, 963
4
944
4
497
1, 038

410, 226
397, 635
4
934
4

79, 633

14.28
.253
.262

4

4

98, 913

93, 932

14.28
.245
.245

13.53
.240
.245

4

71,651

15.80
.220
.230!

+8.3
-5.2
-29.6
+15.5

-7.7
-14.1
-23.9
-2.7

+14.5 +8.2
+21.1 +8.5
+29.1 +14.9

-5.0 +31.1
-5.3
-2.0
0.0

14 4
+9.1
+6.5

22, 764
9,173
3,612
13, 459

21, 477
9,008
3,966
12, 307

-5.7
-1.8
+9.8
-8.6

5, 277, 126 4, 727, 008 -10.4
5, 359, 806 4,813,352 -10.2
13, 314 -31.2
19, 358

38

TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

1929

November

December

PER CENT INCREASE (+) OR
DECREASE (— )

1938

January January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1937

1928

Perct.
increase
( }
or t
decrease
(-)
cumulative
1928
from
1927

FOODSTUFFS— Continued
Hogs and Pork
Hog movements, primary markets:
Receipts
..
..-_
thousands. .
Shipments, total
thousands .
Shipments, stocker and feeder__thousands__
Local slaughter
thousands . .
Pork products, total:
Production, inspected
thous. of lbs__
Apparent consumption
thous. of lbs__
Exports
thous. of lbs_.
Cold-storage holdings, end of month:
Total
thous. of Ibs
Fresh and cured
thous. of Ibs.,
Lard (included in pork products) :
Production
_
thous. of Ibs..
Exports
.thous. of Ibs..
Cold-storage holdings,
end of month
thous. of lbs_.
Prices:
Hogs, heavy, Chicago.— dolls, per 100 Ibs..
Hams, smoked, Chicago
dolls, per lb._
Lard, prime contract, N. Y _ _ .dolls, per lb__

4

4,773
1,529
48
3,230

2,523
1,160
43
1,363

2,600
1,093
55
],50C

466, 696
550, 185
81, 924

434, 296
588, 472
65, 617

C23, 716
675, 222
75, 384

859, 903
682, 015

641, 977
515, 087

516, 634 4 529, 019 * 755, 256
433, 160 * 461, 762 4 670, 039

92, 401
50, 658

80, 135
46, 158

113,968
59, 8C5

141, 720
67, 716

196, 500
86, 358 ~~~89,~ 932

177,888

126, 890

33, 474

*6/,257

1

85, 217

141, 571

84, 007

+66.1

+68.5

11.71
.249
.128

12.43
.254
.132

10. o;

.26C
.124

9.02
.243
.121

8.78
.244
.117

9.10
.232
.121

8.32
.212
.124

+3.6
-4.9
+3.4

+9.4
+9.4
-2.4

2,362
1,250
564
1,097

3,386
2,161
1,080
1,213

3,938
2,485
1,466
1,403

2,053
1,091
544
1,016

1,610
693
193
917

1,876
837
188
1,040

1,705
705
116
994

+16.5
+20.8
-2.6
+13.4

+10.0
+18.7
+62.1
+4.6

23, 939
12, 482
4,901
11, 459

25, 597
13, 323
5,009
12, 252

+6.9'
+6.7
+2.2
+6.9

44, 525
44, 443
1,691

49, 237
49, 042
2,113

54, 107
52,077
4,321

45, 546
4 44, 756
* 5, 472

41, 079
* 41, 051
4 5, 623

45, 485
47, 140
4,009

47, 081
47, 055
4,404

+10.7
+14.8
-28.7

-3.4
+0.2
-9.0

501, 746
503, 569

522, 549
523, 560

+4.1
+4.0

5.72
14.31

5.50
14.16

5.35
13.08

5.31
12.69

6.28
13.78

8.39
15.59

6.05
12.65

56, 888

49, 798

52, 201

4 60, 392

82, 915

88, 715

64, 219

+7.0

Production, inspected.thous. of Ibs.. 909, 277 902, 414 1, 108, 511 1, 197, 158 1, 376, 212 1, 439, 221 1, 370, 298
Cold-storage holdings, end mo... thous. of Ibs. _ 949, 547 731, 111 631, 192 4 674, 516 942, 707 1, 166, 299 879, 919
Apparent consumption
thous. of Ibs.. 1,002,140 1, 074, 207 1, 149, 147 <1, 083, 627 1, 030, 724 1, 105, 886 1, 120, 118

+4.6
+23.7
+7.3

+5.0 13, 509, 707 13, 827, 884
+32.5
-1.3 12, 568, 779 12, 668, 257

+2.4

344, 209

+3.4

3, 666
1,341
65
^2,311

4 4, 075
1,475
62
* 2, 602

741, 385 969, 121
' 041, 378 * 633, 827
109, 671
88, 592

5,306
1,849
77
3,443

+6.0
+23.7
-2.1
-2.0

-4.6
+2.3
-39.0
-8.0

41, 410
15, 045
922
26, 345

974, 060
935, 467
627, 668 4 676, 377
122, 577
98, 794

+0.5
-1.0
+11.8

+4.1
-7.2
+24.1

7, 730, 761
6, 705, 555
984, 349

8, 579, 288 +11. 0<
7, 330, 460 ; +9.3
1, 084, 785 +10.2

739,645
655, 638

+29.7
+25.1

+32.4
+27.8
1, 556, 747
681, 303

1, 749, 749 +12.4
759, 686 +11.5

5,061
1,891
47
3,166

979, 643
838, 072

190, 557
70, 660 ~"+4.~I ""+27." 3

46, 527
17, 190
735
29, 284

+12.4
+14. 3
-20. 3
+11.2

Sheep and Lambs
Sheep movement, primary market:
Receipts
thousands..
Shipments, total. .
thousands..
Shipments, stocker and feeder-thousands..
Local slaughter
. > thousands..
Lamb and mutton:
Production, inspected
thous. of lbs__
Apparent consumption _ .
thous . of Ibs . .
Cold-storage holdings, end mo.thous. of Ibs..
Prices:
Sheep, ewes, Chicago
dolls, per 100 Ibs..
Sheep, lambs, Chicago— dolls, per 100 Ibs..

+33.6 +38.7
+13.1 +23.2

Miscellaneous Meats
Cold-storage holdings, end mo__. thous. of lbs__

+38.1

Total Meats
+0.8

Poultry
Receipts at 5 markets .
thous. of lbs__
Cold-storage holdings, end mo_ ..thous. of lbs_.

60,812
69, 965
* 79, 173 4 109, 684

22,361
40, 749

23, 859
43, 578

* 35, 613
58,093

30, 130
66, 170

24, 284
71, 352

27, 129
73, 410

23, 236
* 77, 677

832, 632 1, 113, 495
168, 963
121, 152

810, 723
253, 265

504, 854
145, 725

30, 969
102, 431

29, 347
118, 154

-55.7
-6.6

+5.5
-13.3

62,389

14, 300
53, 921

-20.1

+15.7

170, 690

205,096

254, 394
168, 946

+20.2

+21.4

1, 144, 242

1, 340, 415 +17. 1

355, 904

Fish
Total catch, prin. ports...
thous. of bbls..
Cold-storage holdings, 15th of mo.thous. of lbs__
Canned salmon:
Shipments United States
cases
Exports, Canada
cases..

*78,090

Butter
Production (factory)
Receipt, 5 markets
.
Cold-storage holdings, creamery,
end of month
Apparent consumption _ _
Wholesale price, New York

thous. of lbs_.
thous. of lbs__

142,688
55, 339

119, 084
44, 969

104, 702
* 41, 884

87, 522
36, 616

92, 594
36, 863

102,827
44,925

106, 295
42, 271

+ 11.1
+21.9

-3.3
+6.3

1, 496, 495
582, 456

1, 456, 709
578, 773

-2.7
-0.6

thous. of lbs_.
thous. of Ibs. .
dolls, per lb._

136, 175
186,461
.47

128, 071
168, 408
.49

105, 811
148, 598
.48

4 70, 985
158, 627
.51

4 43, 783
166, 048
.51

24,750
1574, 57
.48

28,273
159, 687
.49

-43.5
-5.2
-5.9

-12 5
-1.4
—2 0

2, 088, 221

2, 047, 769

-l.»

41, 578
18, 727
35, 189

37,431
18, 222
41,291

39,003
4 18, 665
48, 357

24, 351
14,180
40, 872

24, 690
11, 691
37,340

21,510
13, 781
40, 192

29,238
14, 409
37, 408

-12.9
+17.9
+7.6

-26.7
-4.4
+7.4

482, 095
218, 164
491, 093

468, 883
196, 614
471, 966

-2.7
-9.9*
-3.9

101, 498
5,597
215
15,788

98,339
6,744
141
17, 123

97, 421
9,410
204
24,282

* 89, 970
9,379
278
15,431

4 85, 730
8,836
190
5,573

74, 095
7,291
244
1,500

55, 862
5,347
257
1,324

-13.6
+32.6
-17.5 +36.4
+28.4
-5.1
-73.1 +13.3

79, 797
3,387
110, 534

81, 402 +2.0
2,601 -23.2
114, 152 +3. S

83,906
.26

81,833
.27

82, 318
.26

4 74, 325
.25

4 68, 075
.26

57, 832
.26

41, 793
.29

-15.0
-3.8

+38.4
-13.8

Cheese
Total, all varieties:
Production (factory)
thous. of Ibs..
Receipts, 5 markets . . .. thous. of Ibs..
Apparent consumption
thous. of lbs_.
Cold-storage holdings, end mo.
_ _ ...
thous. of Ibs..
Imports
thous. of Ibs..
Exports, United States
thous. of lbs_.
Exports, Canada
thous. of Ibs..
American whole milk:
Cold-storage holdings,
end of month
thous. of Ibs
Wholesale price, New York dolls, per Ib

f

Eggs
Receipts, 5 markets . .
thous. of cases
Cold-storage holdings, end of month:
Case
thous. of cases
Frozen. _
thous. of lbs._
4 Revised.




1,076

939

4794

54«

606

918

862

+51.5

+6.5

9,944
89, 196

8,542
82,255

6,247
73, 327

4 3, 542
* 64, 201

1,415
4 56, 181

246
48,084

26
38, 575

-82.6
-14.4

+24.7

16, 204

16, 138

-0.4

39

TREND OF BUSINESS MOVEMENTS—Continued
1929

1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

November

December

1938

January January

PER CENT INCREASE (-f) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Per ct.
increase
( }
or-t
decrease
(-)
cumu~
lative
1928
from
1927

FOODSTUFFS-Continued
Milk
Condensed milk:
Total stocks, mfrs., end mo.—
Case goods
thous. of Ibs
Bulk goods
thous. of lbs__
Unsold stocks, mfrs., end mo.—
Case goods
thous. of lbs_
Bulk goods
thous
Exports
thous of Ibs
Wholesale price, New York-dolls, per case_.
Evaporated milk:
Manufacturers' stocks, end of mo.—
Total, case goods
thous. of Ibs
Unsold, case goods
thous. of Ibs
Exports
_
__ thous. of Ibs _
Wholesale price, New York-dolls, per caseProduction, condensed and
evaporated milk
thous. of Ibs
Powdered milk:
Manufrs.' stocks, end mo
thous. of lbs._
Exports
thous. of Ibs
Net new orders
_. -thous. of lbs__
Fluid milk:
ReceiptsBoston (includ. or earn). -thous. of qts_.
Greater New York
thous. of qts__
ProductionMinneapolis, St. Paul. ..thous. of lbs._
Consumption in manufacture
of oleomargarine
thous. of lbs._

18,864
* 14, 759

4 8, 165

14, 398

10, 393
6,088

20, 618
8,457

-27.8
-25.4

-49.6
-28.0

13, 588
3, 640
3,335
6.18

9,4*28
* 3, 556
2,892
6.18

5,339
2,742
3,432
6.18

15, 151
5,216
3,819
6.00

-43.4
-22.9
+18.7
0.0

-64.8
-47.4
-10.1
+3.0

34, 887

38,624 +10. 7

165, 682
134, 259
5,583
4.58

158, 293
164, 989
138, 808 4 136, 271
6,276
5,264
4.58
4.58

153, 283
133, 835
4,821
4.58

137, 113
112, 430
6,021
4.58

118, 444
95, 120
7,360
4.58

-10.5
-16.0
+24.9
0.0

+15.8
+18.2
-18.2
0.0

68, 048

76, 791 +12. 8

152, 451

136, 170

121, 287

82, 285

108, 290

108,812

119, 410

+0.5

-8.9

1, 855, 720

19, 941
526
6,736

18, 857
322
5,662

16, 864
313
6,284

* 13, 824
502
6,188

4 13, 366
365
5,945

12, 355
372
5,496

8,334
236
4,880

-7.6
+1.9
-7.6

+48.2
+57.6
+12.6

3,326
65, 380.

19, 081
117, 162

17, 329
113, 552

18, 385
116, 849

* 16, 886
108, 685

4 17, 087

24, 413

21, 572

20, 274

21, 678

7,014

8,530

9,151

8,931

8,624

8,036

4 89, 047
315, 722
417, 983
465, 386

104, 841
257, 825
436, 122
357, 506

57, 602
229, 477
404,450
234, 429

16, 087
194, 351
285, 122
221, 196

68,900
255, 768
332, 872
221, 334

66, 428
26, 725
7,413

61, 799
32, 920
11,971

48,231
25, 007
14, 887

44,824
19, 168
8,213

50,026
28,042
8,243

40, 958
29, 542
3,184

.042
.056
.063
127

.039
.052
.062
126

.039
.051
.060
124

.039
.052
.060
122

.038
.050
.061
122

.043
.057
.063
129

168, 638
370, 339
630, 548

154, 547
323, 317
446, 210

123, 919
287, 075
288, 393

92, 648
259, 469
125, 449

638, 996
237, 350
457, 157

925

1,655

809

882

993

1,033

1,148

+4.0

-10.0

10, 859

12, 022 +10. 7

5,515
793
1,181

5,378
702
1,040

5,390
693
1,157

5,393
752
1,287

5,267
783
1,034

5,038
732
1,139

4,862
782
1,224

-4.3
-6.5
+10.2

+3.6
-6.4
-6.9

1,057
548
.173

997
570
.173

1,330
667
.178

993
544
.181

4 1, 166
673
.181

1,176
678
.183

1,248
687
.148

8,086
179, 106
.325

9,754
194, 681
.325

10, 512
209, 701
.310

9,417
224, 717
.310

9,264
240, 738
.310

4,011
13, 461
.1213

3,724
6,388
.1163

15, 326
5,450
.1125

33,805
6,636
.1055

48,268
14, 164
.1050

30, 542
19, 332

27,837
17,604

2^,949
14,429

24, 159
8, 367
3,246
6.18

21, 821
6,351
3,405
6.18

17, 818
4,840
2,531
6.18

161, 679
101, 819
6,343
4.45

4

17, 490
109, 709

213, 032

1, 823, 436

-1.7

4,018 +20. 8
71, 558 +9.4

214, 375

+0.6>

26, 140

7,190

-6.8 +11.8

76, 233

93, 495 +22. &

Sugar

Raw:
Imports—
From Hawaii, Porto Rico— long tons.- * 107, 202
From foreign countries
long tons.. 274, 366
471, 175
Meltings, 8 ports _. ._
. long tons
Stocks at refineries, end month—long tons.. 488, 161
Refined:
82, 773
Shipments, 2 ports
long tons
34, 049
Stocks, 2 ports
long tons
11,329
Exports, including maple
long tons..
Prices:
.041
Wholesale, 96° centrif., N. Y._ dolls, per lb._
.055
Wholesale, granulated, N. Y. dolls, per lb._
.063
Retail granulated, N. Y
.dolls, per lb._
129
Retail average, 51 cities
relative to 1913
Cuban movement (raw) :
Receipts at Cuban ports
long tons.. 182, 414
348, 808
Exports..
long tons
829, 437
Stocks, end of month .
long tons
Coffee
Imports
_
thous. of bags..
Visible supply:
World
thous of bags
United States
thous of bags
Receipts, total, Brazil
thous. of bags..
Clearances:
Total, Brazil, for world
thous. of bags..
Total, Brazil, for U. S
thous. of bags..
Price, Rio No. 7, Brazil grades ...dolls, per lb_.

Tea
Imports
..thous. of Ibs..
Stocks, United Kingd., end mo.. thous. of Ibs..
Price, Formosa, fine, New York. -dolls, per lb_.

45, 026 +328. 3
219, 926 +31.6
307, 050 +16.7
192,968
+0.1

+53.0
+16.3
+8.4
+14.7

+11.6 +22.1
+46.3 -5.1
+0.4 +158. 9

1,201,213 1, 360, 682 +13.3
3, 675, 702 3, 443, 615 -6.3
4, 882, 351 4, 726, 175 -3.2
809, 800

713, 862 -11.8

111, 764

111, 895

+0.1

238, 129 +589. 7 +168. 3 4, 258, 418
212, 161
-8.5 +11.9 4, 064, 126
177, 801 +264. 4 +157. 1

3, 970, 201
3, 976, 268

-6.8
-2.2

10,073
8,160
251, 387 4252,927
.322
.325

-2.6
-3.8
+1.7
0.0

-11.6
-12.3
-3.2
-5.5

15, 686

14, 119 -10.0

+0.9
—5.8
+0.7 -1.3
+1.1 +23.6

14, 934
7,984

13, 660
7,299

-8.5
-8.fr

+8.7
+4.4
+3.9

+23.4
-0.6
-0.9

89, 601

89, 983

-0.4

+24.0 +24.7
+11.2 —5.1
-1.1 -23.8

244, 173
189,726

Cocoa
Shipments from the Gold Coast and
Nigeria, Africa**
long tons
Imports...
_
long tons
Spot price, Accra, New York
.Idolls..

59, 863
15, 753
.1038

47, 996
16, 600
.1363

269, 974 +10.6
169, 298 -10.8

TOBACCO
Consumption (tax-paid withdrawals):
427, 716 413, 532
Large cigars
thousands
601,877 586, 267 723, 318 630, 531 411, 910
Small cigarettes
thousands 10, 627, 344 9, 126, 271 9, 921, 537 8,536,426 7, 515, 101 10, 160, 263 8,369,087
25, 369
33, 160
30, 146
33, 002
31, 789
34,981
35, 333
Manufac. tobacco and snufL. thous. of lbs._
Exports:
68, 566
45, 804
78, 170
42,958
57,509
26, 833
Unmanufactured
thous. of lbs._
88, 509
Cigarettes
.... thousands
860, 791 961, 827
956,846 1, 114, 381 1, 109, 392 1, 010, 368 962, 574
142, 869
142, 034
174, 741 135,470
133, 718
122, 627
Sales of loose-leaf, warehouses
thous. of lbs._
70, 579
25. 691
9.896
23. 227
7.871
Price, leaf, Kentucky
dolls, per 100 Ibs..
11. 580
12. 077
Stocks, end of quarter:
Chewing, smoking, snuff, and
2
21,373,637
31,519,935
1,275,639
export
thous of Ibs
2 278, 845
2 308, 707
3 300, 543
Cigar tobacco
thous. of lbs__
21,750,089
21,680,461
31,922,743
Total, including imported
thous. of Ibs..
2
Quarter ending in month indicated.
Quarter ending Dec. 1927.




+3.8
+35.2
+30.7

+3.4 6, 571, 375 6, 453, 669
+21.4 97, 176, 607 105, 915, 965
384, 112
394, 075
+0.5

-33.2
-8.9
+22.3

+6.6
+5.0
+29.0

+7.7
-9.7
+4.1

-1.8
+9.0-2.5

583, 843 +14.1
511, 788
7, 093, 039 11, 706, 110 +65. 0
817, 969 -15.2
964,245

-9.6
-7.2
-9.0
4
Revised.

40

TREND OF BUSINESS MOVEMENTS—Continued
|

1938

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

September

August

PER CENT INCREASE (+) OR
DECREASE (— )

1929

October

November

December

1938

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

Perct
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic. . .thous. of long tons..
In American vessels thous. of long tons._
In British vessels . thous. of long tons _
Sault Ste Marie canals thous of short tons
New York State canals thous. of short tons .
Cape Cod Canal
short tons_.
Suez Canal
thous. of met. tons
Welland Canal
__ short tons..
St. Lawrence Canal
short tons
Mississippi River Govt. barges
short tons..
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va
short tons
Allegheny River
. _ short tons _
Monongahela River __ _
_
short tons_.
Ohio River tonnage originating, quantity:
Pittsburgh district
thous short tons
Huntington district
thous short tons
Cincinnati district
thous short tons
Louisville district
thous short tons
Total
thous short tons

2, 715!
1,111;
750
1, 262

2,859
1,218
806

2,372
1,019
698

+5.3
+9.6
+7.5

+20. 5
+19. 5
+15. 5

29, 104
15, 347
6,982
83, 355

29, 394 +1.0
13, 560 -11.6
8,195 +17.4
86, 993 +4.4

153, 838;
3, 0501
109, 793
84, 838
< 135, 439

141, 496

< 73, 095
2,647
None.
None.
105, 521

-8.0

+93. 6

-0.3

+27.9;

825, 147
29, 598
7, 447, 459
7, 912, 952
1, 147, 236

1, 373, 457 +66.4
32, 622 +10.2
7, 433, 617 -0.1
8, 411, 542 +6.3
1, 435, 560 +25.1

940, 397
963, 766 1, 010, 860
764, 893
478, 265 517, 488
1, 034, 775
302, 344
288,629
377, 744
88, 940
161, 860
346, 670
81,585
2, 304, 619 2, 305, 681 2, 396, 557 2, 302, 719 2, 114, 671 2, 287, 541 2, 327, 246

-37.5
-45.1
+8.2

3 2, 385
3 1, 281
3139
3 1, 140
3 4, 945

-11.3
-2.0
+33.1
-7.5
-7.1

2,502
2,582
2,313
2,425
1,145
1,140
1,195
1,103
691
602
679
707
10,458
12, 812
13, 603
13, 680
328
536
411
517
140, 464
160, 903
130, 566
148, 691
2,749
2,622
2,634
2,602
996, 833 1, 115, 190 1, 008, 483
1,115,601
1, 359, 561 1, 150, 058 1, 270, 051 1, 082, 545
120, 444 * 148, 218
148, 377
113, 903

2 2, 932
2 1, 423
2139
» 1, 178
25,673

135, 655

2 2 602
1, 394
2185
2
1, 090
2
5, 271
2

-7.6
9, 622, 134 10,175,011
+9.0 2, 946, 695 2, 873, 495
-1.7 24, 402, 468 26, 097, 158

+5.7
-2.5
+6.9

10, 021
5,255
547
4,132
19, 956

+4.5
-0.6
-8.7
—5.6
+0.6

+9.1
+8.8|
+33.1J
-4.4J
+6.6

9,587
5,286
599
4,375
19,846

Ocean Traffic

j

Clearances, vessels in foreign trade:
Total
•
thous. of net tons
American
thous. of net tons .
Foreign
thous of net tons

8,377
3,173
5,204

7,365
2,912
4,453

7,806
3,252
4,554

7,764
3,612
4,152

5,956
2,388
3, 568

5,484
1,950
3,534

5,163
1,865
3,298

-7.9
-19.3
-1.0

+6.2
+4.6
+7.2

12, 537
2,245

27,833
24, 483

7,148
4,318

4,913
1,382

3,880
1,812

7,413
3,392

9,294
2,888

+91.1
+87.2

-20.2
+17.5

235

242

260

169

94

cars
cars
cars

201, 864
114, 355
47, 615

103,906
53, 170
21, 809

105, 017
54, 263
21, 128

222, 539
104,272
75, 799

411, 320
199,443
159, 147

278, 213
136, 959
92, 243

403, 792
182, 001
169, 463

-32.4
-31.3
-42.0

-31.1
-24.7
-45.6

cars
cars
cars

8
None.
8

279
None.
159

44
None.
44

None.
None.
None.

None.
None.
None.

79
None.
11

4
3
None.

79, 732
31,804
47, 928

+5.7
+7.1
+5.0

None. +97.5
None. None.
None None.
+3.5 51,635,806 51,577,903
-19.1
-3.0 2,378^742 2, 511, 537
-24.8
-7.6 1, 546, 967 1, 520, 376
-15.1
-8.8 +13.9 9, 781, 664 9, 301, 746
-6.2 3, 422, 609 3, 334, 430
-20.5
1, 891, 773 1,908,716
+8.8
-31.5
-1.3 13, 245, 186 13, 155, 475
-21.6
+4.8 19,368,865 19,845,623
-22.2

-0.1
+5.6
-1.7
-4.9
-2.6
+0.9
-0.7
+2.5

75,440
29,694
45, 647

Shipbuilding
Completed during month:
Total
gross tons
Steel seagoing
gross tons
Building or under contract, end of month:
Merchant vessels
thous of gross tons

214

Freight Cars
Surplus (daily av. last week of month):
Total
Box
Coal
Shortage (daily av. last week of month):
Total
Box
Coal
Car loadings:
Total
_
Grain and grain products.__
Livestock
Coal and coke
Forest products
Ore
__ _ .
Merchandise and 1. c. 1
Miscellaneous
_
__

cars 4, 230, 809 5, 586, 284 4, 700, 796 4,245,028 4,413,778 3,570,978 3, 448, 895
181, 968 * 187, 679
cars _ 231, 181 295, 779 219, 298 209, 556 242, 080
133, 599
164, 412
154, 620
117, 998 * 127, 647
138, 908
cars
98, 944
832, 480
952, 746
869, 199
940, 402
857, 547 < 752, 787
cars
686, 417
218, 647 4 233, 119
cars.. 266, 137 322, 538 265, 872 260, 103 275, 108
151, 639
319, 579
240, 988
35, 671 4 32, 795
52,069
cars
253, 085
1, 297, 461 1, 079, 167 1,048,664 1, 167, 683
915, 552 4 927, 707
cars 1,027,132
cars 1,667,913 2, 233, 769 1, 871, 652 1, 608, 987 1, 597, 528 1, 243, 595 4 1, 187, 161

Railroad Operations
Operating revenue:
Freight
Passenger

thous of dolls
thous of dolls

Operating expenses
Net operating income
Freight carried

thous of dolls
thous of dolls
mills ton miles

421, 007
85, 102
557,856
383, 908
128 414
42, 406

423, 347
80, 098
556,044
375,646
134, 513
43, 778

492, 275
69, 564 i
617, 782
401, 160
166, 315
48,206

59, 769
2 585

59, 60C
2, 581

59, 371
2,578

7,954
13.4
114
32C
7C

7,81£
13.5
92
26C

8,177
13. £
102
331
4

34
22

41
2*

8]
IS

415, 124
65,156
531,219
374, 154
113, 695
41,965 1

4

4

337, 382
78, 483
457, 426
363, 384
56, 63^
36, 271

367, 184
76, 523
495,816
357, 570
94,386
37, 645

Railway Equipment
Locomotive (Am. Ry. Assn.):
Owned, end of monthQuantity
number
Tractive power
mills of Ibs
In bad order, end of month—
p

t f t~t~l~"

iiiuuuei-

Installed
number
Retired
number
New orders.
number
Shipments, manufacturers' (Census)—
Total
number
Steam, domestic
number
Electric, domestic
number
Unfilled orders (railroads), end of mo.—
Tn railrnnd

h

~ ~

~

V»

4

Unfilled orders, manufacturers' '(Census)—
204
Total
number
Steam domestic
number
m
Electric domestic
number
2t
Exports, steam
number
2C i
J
Quarter ending in month indicated.




58, 758
2, 562

58, 633
2,560

60, 679
2,597

-0.2
-0.1

-3.4
-1.4

4,671
15.1
68
313
41

7,931
13.6
132
420
59

8,161
14.0

8,733
14.5
154
25<

+2.9
+2.9
-15.9
-43.8
-52.5

—6.5
-3.4
-27.9
-8.9
+40.0

1,955
3, 572
656

3e

35
2C

44
36
4

2<
1

i

2f
None

47
22
23

-47.7
-83.3
+50.0

-51.1
-72.7
-73.9

1,074
726
148

9£
It

104
11

97

2e

112
35

236
42

151 +110. 7
22 +20.0

+56.3
+90.9

17i
11?
2r
31

17C)
IK11
2£)i
iI

152
104 i
31
2J

282
238
27
4

278

222
-1.4
161
+5.£
38 -22.2
13 +350. C

+25.2
+55.9
-44.7
22s
+38.5
4 Revised.

I

59, 097
2, 571

4

236
28

11
18

3 Quarter ending Dec. 31, 1927.

1,390
3,333
353

-28.9
-6.7
-46.2

550 -48.8
367 -49.4
92 i -37.8

199 1 -12.7

41

TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

1939

1928

PER CENT INCREASE (+) OR
DECREASE ( — )

August

September

October

November

December

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct,
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

j

TRANSPORTATION-Continued
Railway Equipment— Continued

Freight cars (Am. Ry. Assn.):
Owned, end of month—1 4
Quantity
cars 2, 299, 157 2, 296, 273 2, 292, 096 42, 287, 563 42, 282, 133 2, 276, 289 2, 309, 577
-0.3
Capacity
mills, of Ibs
-0.2
-0.7
210, 483 210, 335 210, 092 4 209, 826 4 209, 539
209, 091
210, 649
In bad order, end of month+1.5 +0.1
Quantity
cars
149, 252 148, 333 138, 238 139, 053 134, 267
136, 319
136, 115
6.2
6.2
+3 3 +3 3
Per cent of total in use
per cent
6.0
6.6
6.2
6.6
6.0
New orders
cars
767
1,236
1,635
6,100
4,668
12, 452
2,098 +166. 8 +493. 5
ShipmentsTotal
cars
1, 639
3,220
2,507
1,640
5,295
1, 814
774 +10.7 +134. 4
-8.9
Domestic
cars
1,327
3,000
2,345
1,549
5,261
525
576 -60.4
Unfilled orders (railroads)—
12, 671
+121. 9 +52.3
5,437
Total
cars
8,177
6,619
13, 850
28, 121
18, 464
From manufacturers
_
..cars..
1,880
10, 109
5,673
3,878
10, 271
24, 109
15, 459 +138. 5 +56.0
2,562
In railroad shops
cars
2,504
3,557
2,741
3,579
4,012
3,005 +56.6 +33.5
Passenger cars:
11
New orders
cars
56
589
2
228
615 +107. 3 -62.9
ShipmentsTotal
cars
68
181
147
146
166
111
78 -38.7 +42.3
Domestic..
cars
68
150
143
144 2
166
109 3
68 -27.3 +60.3
2 52,2 812
Owned or leased, end of quarter
cars..
52, 949
—0 3
13
53 495
2 1, 173
853
Unfilled orders, end of quarter
cars..
3364 —27 3 +134 3

58, 959

37, 039 -37.2

54,291
53, 524

39, 436 -27.4
37, 984 -29. 0

1,195

1,773 +48.4

1,420
1,378

13.2
1,232
1,131 -17.9

Passenger Travel
National parks:
Visitors
number
Automobiles entered
...number-Arrivals from abroad:
Immigrants
number
United States citizens
number..
Departures abroad:
Emigrants. _
number..
United States citizens
number
Passports issued
number..
Pullman company operations:
Revenue
thous. of dolls..
Passengers carried. _
thousands .
Hotel room occupancy
per ct. of capacity..

499, 633
98, 523

222, 698
44, 873

68, 997
10, 466

39, 517
4,875

40, 910
5,001

24,629
63, 191

29,317
80,233

29, 917
49, 831

24, 805
23,198

18, 357
18,911

6,488
50, 323
9,866

8,093
42, 105
8,056

7,479
34, 643
8,494

6,549
22, 380
9,441

8,264
25, 173
8,051

9,"513

7,593
3,312
63

7,297
3,081
68

6, 650
2,738
72

5,751
2,466
70

6,529
2,758
67

73

4

67. 9

«.66. 1

4

4

68, 784
15,985

68, 432
16, 496

72, 464
18, 565

71, 213
17, 649

11,530
14, 328
1,887

11, 010
13,911
1,918

11, 765
14,928
2,247

10,623
13, 661
1,770

11, 386
14, 514
1,811

9,956
12, 467
1,137

4

173, 952
61, 810

178, 346
67,967

186,000
72,000

193, 000
78, 000

198, 000
85,000

196, 573
79, 013

736, 223
8.121

717, 810
8.121

795, 140
8.129

759, 254
8.137

796, 280

46,242
7,473

50, 591
6,679

+13.0
+49.4

-8.6
+11.9

1,976,367
373, 495

2, 059, 824
388, 002

+4.2
+3.9

18, 146
19,909

323,885
412, 485

290, 297 -10.4
442, 599 +7.3

5,323
27, 126
8,896 "+18.~2 "~+6.~9

70, 122
405, 989
182, 430

77, 599 +10.7
451,972 +,11. 3
189, 305 +3.8

6,963
2,886
72

+1.4

80,953
35, 198

80, 846
33,924

-0.1
-3.6

127, 490
158, 288
21, 506

+9.0

130, 648
164, 361
21,404

+2.5
+3.8
-0.5

Warehouses
Public merchandise warehouses,
space occupiedper ct. of total

66. 4

68. 8

68.1

67 6

PUBLIC UTILITIES
Telephone companies:
Operating revenue
thous. of dolls..
Operating income
thous. of dolls..
Telegraph companies:
Commercial telegraph tolls.thous. of dolls..
Operating revenue
thous. of dolls
Operating income
thous. of dolls..
Gas and electric companies:
Gross earnings
thous. of dolls. _
Net earnings
thous. of dolls..
Electric railways (212 companies) :
Passengers carried
thous. of persons..
Average fare
_.
...cents
Electric power production:
Total
mills, of kw. hours
By water power
mills, of kw. hours. .
By fuels
mills, of kw. hours. .
In street railways,
manfg. plants, etc. - .mills, of kw. hours..
In central stations
mills, of kw. hours
Electric power production (Canada):
Total
mills, of kw. hours..
By water power
mills, of kw. hours..
Exported..- _
mills, of kw. hours
Electric power, gross revenue „ thous. of dolls ._

4

7,510
3,045
4,465
382
7,128

1,308
1,292
146
148, 200

4
4
4

4

7, 282
2, 792
4, 490
355
6, 927

1,278
1,260
130
156, 100

4
4
4

4

7, 922
2, 873
5, 049

4
4
4

374
7, 548

4

1,457
1,436
155
165, 200

4
4

66, 026
16,783

814, 172
8 025

799, 843

2,113,073 2, 214, 724 +4.8
857, 399 +10.6
775, 177
+0.4

-1.8

9, 394, 314




-1.3

7, 750
2, 786
4, 964

7,870
2,755
5,115

7,265
2,739
4,526

80, 205
29, 873
50, 332

87, 852 +9.5
34, 750 +16.3
53, 103 +5.5

373
7, 377

407
7,463

598
6,667

5,451
74, 754

5,025 -7.8
82, 827 +10.8

1, 438
1,413
137

1,438
1,411
123

1,324
1, 304
124
171, 700

14, 218
14, 017
1,633

15, 898 +11.8
15, 673 +11.8
1,588 -2,8

4
4

4

*jj

Consumption of electrical energy
By geographical divisions:
United States
rel. to 1923-25
120.8
New England
rel. to 1923-25
102.2
North Central
rel. to 1923-25
132.4
Middle Atlantic
rel. to 1923-25
118.3
Southern...
rel. to 1923-25
112.8
Western
rel. to 1923-25
127.5
By industry:
Allindustry.rel. to 1923-25
120.8
Chemical and allied
products
rel. to 1923-25 _
119.2
Food and kindred products _rel. to 1923-25. .
128.3
Rolling mills and steel
plants..
rel. to 1923-25..
125.4
Metal working plants
rel. to 1923-25..
125.8
Metal groups.
rel. to 1923-25..
125.5
2
Quarter ending in month indicated.

9, 268, 039

134.5
115.3
149.7
136.0
127.5
150.8

132.0
119.3
143.5
133.4
129.7
148.7

133. 3
126.0
145.7
138.9
127.6
156.7

127. 3
120.2
133.8
126.8
121.2
124.0

132.5
127.6
138.8
126.7
120.5

118.4
115.2
117.0
U6.2
124.8
115.0

+4.1 +11.9
+6.2 +10.8
+3.7 +18.6
-0.1 +9.0
-3.4
-0.6

134.5

132.0

133.3

127.3

132.5

118. 4

+4.1

+11.9

132.0
142.0

129.4
138.0

135.7
130.0

132. 8
113. 7|

129.2
128.0

124.2
102.4

-2.7
+12.6

+4.0
+25.0

141.2
144.2
143.0

144.7
144.5
144.6

142.2
148.8
153.5
131.3
140.5
117.4
137.5
135.8
139.2
124.4
143.5
142.6
s
Quarter ending Dec. 31, 1927.

+7.9
-1.2
+2.4

+16.9
+15.7
+14.6
4
Revised.

42

TREND OF BUSINESS MOVEMENTS—Continued
1929

1928
The cumulative* shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

PER CENT INCREASE (+) OR

1928

DECREASE (— )

August

September

October

November

December

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

PUBLIC UTILITIES-Continued
Consumption of electrical energy— Con.
By industry— Continued
Leather and its products ___rel. to 1923-25__
Lumber and its products ...rel. to 1923-25. _
Paper and pulp
rel. to 1923-25..
Rubber and its products
rel. to 1923-25. .
Shipbuilding
rel. to 1923-25..
Stone, clay, and glass
rel. to 1923-25..
Textiles
rel. to 1023-25..
Automobiles, including
repair parts
rel. to 1923-25..

94.7
111.6
129.1
138.4
67.3
135.3
97.3

106.9
111.3
132.0
151.2
72.3
152.0
112.5

103.8
109.3
133.3
146.4
73.8
144.7
121.0

94.0
111.8
135.2
143.8
102.2
149.1
132.5

93.7
107.3
127.4
124.8
91.8
136.6
126.3

94.3
107.4
126.2
148.2
108.2
137.4
129.4

112.2
107.7
121.3
120.4
94.2
105.2
116.7

+0.6
+0.1
-0.9
+18.8
+17.9
+0.6
+2.5

-16.0
-0.3|
+4.0
+23. 1
+14. 9
+30. 6
+10.9

143.2

161.0

141.2

127.1

130.0

149.4

135.2

+14.9

+10.5

75.6
84.3
94
81
77
89.0
124.0
86.8
97.1
135.4
294, 829
38, 077
466,357
30, 812
109

78.8
86.0
95
82
74
90.4
126.0
86.9
97.0
131.3
285, 936
38,090
475, 753
31, 960
110

79.3
85.8
97
82
74
88.0
125.3
* 87. 3
95.7
126.0
274,397
38, 179
475,043

78.9
85.3
98
80
75
87.7
122.3
88.1

78.1
84.8
97
81
75
85.7

-1.0
-0.6
-1.0
+1.3
0.0
-2.3

-5.1
+2.7
+6.6
+1.3
0.0
+0.4

-1.0

+8.3

+7.8
+4.4
-0.6

+29.6
+14.7
+2.6

110

109

108

82.3
82.6
91
80
75
85.4
117.9
80.5
90 3
102.6
223,502
35, 492
457,275
25, 615
97

-0.9

+11.3

13, 862
865
106.5
92.0
102
83
77
118.9
135.0

14,168
868
110.2
94.0
105
87
78
119.1
137.7

14, 094

14, 217

13,938

-2.0

+4.3

94.3
110
85
82

92.5
108
82
79

13, 361
685
88.9
88.6
98
79
76
100.8
79.6

-1.9
-1.8
-3.5
-3.7

+4.4
+10.2
+3.8
+3.9

90.0
97.8

91.0
96.9

110.8
92.5

112.8
119.8

62, 010

28.31
29.72
26.30
28.08
230.9
238.1
110
101
101
104.6
109.7

EMPLOYMENT AND WAGES
Employment in factories:
74.2
Massachusetts
rel. to 1919-23..
82.5
New York State
rel. to 1923..
91
New Jersey
rel. to 1923..
81
Pennsylvania
rel. to 1923
74
Delaware.
_
rel. to 1923..
88.1
Marylandrel. to 1924..
Iowa
rel. to!923._
124.0
85.6
Illinois-rel. to 1923..
97.9
Wisconsin
rel. to 1923..
134.7
Detroit
rel. to 1923..
Detroit
number. _ 293,457
37, 385
Milwaukee
number-New York State
number.. 456, 303
31, 137
Oklahoma
nuinber..
106
Ohio
rel. to 1923..
"Total pay roll:
New York State (weekly).. thous. of dolls..
13, 411
877
Oklahoma (weekly)
thous. of dolls..
108.7
Wisconsin
rel. to 1923..
89.0
New York State
rel. to 1923..
99
New Jersey
rel. to 1923..
83
Pennsylvania
__rel. to 1923
76
Delaware
rel. to 1923..
Employment, Canada
rel. to Jan. 1920..
119.5
139.4
Ohio construction.
rel. to 1923..
Employment, trade-unions:
United States
per cent of total. .
91.0
Canada
per cent of total..
97.6
Anthracite mines:
Employment
rel. to 1923-25. _
107.9
86.7
Pay roll
rel. to 1923-25..
Federal civilian employees, Washington, D. C., end of month
number..
62, 111
Average weekly earnings, factories:
29.13
Illinois
dolls..
New York State
dolls..
29.39
26.60
Wisconsin
...dolls..
28.15
Oklahoma
dolls
234.4
Massachusetts
rel. to 1914..
New York
- r e l . to 1914
235.5
109
New Jersey
rel. to 1923..
102
Pennsylvania .
_rel. to 1923
Delaware
rel. to 1923
102
107.6
Illinois
rel. to 1923..
Wisconsin
- rel. to 1923
111.0
Average weekly earnings (National Industrial
Conference Board)
Grand total (both sexes)
dollars
27.35
Total male
dollars..
30.30
31.77
Skilled male
. .
dollars
24.78
Unskilled male
dollars. _
17.04
Total women
. _ . _. dollars. .
Average weekly hours:
Nominal (both sexes)
hours
49.6
Actual (both sexes) .
. hours47.9
Wages, road labor, by districts:
48
New England
cents per hour
Middle Atlantic
cents per hour. _
41
34
South Atlantic
cents per hour
East SoutlF Central _.
cents per hour
25
West South Central
cents per hour..
29
East North Central
cents per hour..
39
West North Central
cents per hour..
38
Mountain
cents per hour, .
50
Pacific.
cents per hour.
53
42
United States, average
cents per hour.
Wage rates, U. S. Steel Corp. .cents per hour..
50
Wages, steel sheet workers per cent of base.
125.5
Applicants per 100 jobs, employment agencies:
United States
number..
129
Eastern States
_
number
223
Central States...
..number132
Southern States
number
121
Western States
number
69
Canada
..number.
109
4
Revised.




107.3
93.5
107
85
77
116.7
* 128. 1

123.3
268, 601
38, 995
472,054

87.2
289, 611
40, 707
469, 125

4108.7

89.3

90.0
95.8

87.0
93.4

85.0

113.4
« 108. 8

114.6
106.8

62,016

62,244

62, 140

60, 743

28.57
29.78
27.25
27.16
230.2
238.6
112
106
104
105.5
113.7

28.38
29.67
26.87

29.55
30.12
28.40

225.6
237.7
111
104
103
104.8
112 1

229.9
241.3
113
105
108
109 2
118.5

27.76
30.93
32.42
25.27
17.33

27.76
30.70
35. 26
24.72
17.34

27.42
29.75
31.21
24.34
17.16

27.73
30.06
31.47
24.76
17.24

27 24
29.80
31 22
24.66
17.23

49.8
48.2

49.6
48.0

49.6
47.8

49.6
48.5

49.5
47.9

48
42
24
25
26
38
39
52
54
43
50
125.5

51
41
26
26
30
40
39
49
54
42
50
125.5

50
41
27
27
31
40
40
42
53
42
50 [
125.5

51
44
28
26
30

53
39
50
125. 5

107
120
126
91
63
98

117
128
133
142
62
114

134 i
142
125 1
153
71
143

+12.2

120.2
98.7

4

29.71
225.8
238.1
112
102
104

82.2
93.2

27.49
29.22
23.60
26 73
232.1
234 1
109
98
100
101.6
98.4

-17.8

-2.3

+3.4

—1.4

+1.7

-1.8
—1 3
-0.9
o(
-3! 7

-2.7
+1.7
+2.8
+4.1
+4.0

M
46

52
45
23
26
31
45
38
44
52
36
50
125.5

53
48
24
25
26
39
37
41
50
37
50
125.5

+2.0
+2.3
-17.9
0.0
+3.3
+9.8
0.0
-4.3
-1.9
-7.7
0.0
0.0

—1.9
-6.2
—4.2
+4.0
+19.2
+15.4
+2.7
+7.3
+4.0
-2.7
0.0
0.0

100
146
146
193
69
135

156
15
16
283
80

170
192
203
188
87
161

+56.0
+5.5
+12.3
+46.6
+15.?

-8.2
-19.8
—19.2
+50.5
-8.0

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Perct.

in-

crease

(+)
or de-

7-7
cumulative
Iy28
from
1927

43
TREND OF BUSINESS MOVEMENTS—Continued
1939

1928
"The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

November

December

1938

January

January

PER CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1938

1937

Perct.
increase
(
or-tf
decrease
(-)
cumulative
1928
from
1927

EMPLOYMENT AND WAGES— Contd.
Factory Labor Turnover
(Percentage of number on pay roll)
Departures:
4
4
29. 2
60.6
41.9
Total
per cent (annual basis)
42.3
35. 3
4
4
31.9
31.9
Voluntary quits.. ..per cent (annual basis)..
40.3
25. 6
20.1
5.0
4.7
'4.8
Lay offs
per cent (annual basis)
5.1
4.7
4
4. 4
Discharges..
per cent (annual basis)..
5.3
5.3
5.3
4.9
4
4
56.9
57.1
38.1
Accessions
per cent (annual basis)
55.7
50.1
Industrial disputes:
4
4
42
<48
Disputes
number
59
43
45
Workers involved
number
129,210 4 63, 650 Ml, 420 4 39, 665
39, 713
Man-days lost in month
number 3, 577, 599 4 2, 605, 713 4 1,304, 647 < 1,304, 285 1, 016, 427

27.8
15.9
8.3
3.6
33.4

34.8
25.1
4.7
5.0
56.2

+19.2
+24.9
0.0
+13.6
+47.5

+25.2
+57.9
-43.4
+38.9
+68.3

1
1
i

4
62
81, 676
2, 135, 092
4

4

DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales, 2 houses
thous. of dolls
Sears, Roebuck & Co
thous. of dolls
Montgomery Ward & Co-_thous. of dolls..
"Ten-cent chain stores:
Total sales (4 chains)
thous. of dollsTotal stores operated (4 chains). .number..
F. W. Woolworth & Co
thous. of dolls..
Stores operated
number
S. S. Kresge Co
thous. of dolls..
Stores operated
number
McCrory Stores Corp
.thous. of dolls..
Stores operated. .
number
S. H. Kress & Co..
thous. of dolls
Stores operated
number
Metropolitan
thous. of dolls..
Stores operated
number
F. & W. Grand
thous. of dolls..
Stores operated
number.
W. T. Grant Co
thous. of dolls
Stores operated
number..
{Restaurant chains:
Total sales (3 chains) . ..thous. of dolls
Stores operated
number
Average per store
dollars..
Childs Co., sales . . . thous. of dolls
Waldorf System (Inc.),
sales.
_
thous. of dolls..
J. R. Thompson Co.
sales
.
thous. of dolls
Other chain stores:
Isaac Silver & Bros
thous. of dolls
Stores operated..
number .
Hartman Corporation
thous. of dolls.
Stores operated
number
J. C, Penny Co
thous. of dolls
Stores operated
number
United Cigar Stores Co
thous. of dolls..
Stores operated
number
A. Schulte (Inc.)
. thous. of dolls
Stores operated
number
G. C. Murphy Co
thous. of dolls..
Stores operated
number
Installment sales in New England dept. stores;
ratio to total sales
per cent

37,465
24, 240
13,225

-36.3 +26.5
-31.0 +20.8
-43.3 +37.1

31, 895
2,431
17, 108
1,591
8,658
436
2,369
221
3,760
183
692
91
800
62
2,624
4
158

-62.5
+0.2
-61.1
+0.1
-63.7
+0.6
-62.7
+0.4
-65.3
-0.5
-71.2
0.0
-67.7
0.0
-67.8
+3.8

+5.1
+9.4
+3.2
+8.6
+4.2
+16.7
+13.6
+3.6
+10.2
+5 5
+15.3
+19.8

4,704
372
12, 645
2,184

4,808
369
13, 019
2,346

—5 7
+0.3
-5.9
-7.8

1,363

1,296

1,227

-4.9

1,207

1,255

1,224

1,235

610
30

632
31

1,305
31

365
31

19, 443
1,020
6,797
3,315
1,955
298
1,056
120

19, 301
1,021
6,816
3,227
1,935
299
1, 132
130

25, 104
1,023
9,700
3,348
2,995
299
2,450
133

8,6?I
],C23
5,736
3,331
1,665
300
814
133

312
22
907
19
7, 729
4
914
5,562
3,151
1,826
300
598
113

8.2

9.0

7.5

6.2

1,755
83, 354
419, 047

2,279
99, 897
423, 991

2,871
112, 783
465, 635

2,845
110, 012
424, 465

2,580
105, 516
541, 561

2,093
97, 443

27, 951
3,115

29, 261
3, 074

34, 196
3,583

31,713
3,202

39, 972
4,331

10, 183
81, 180

9,748
79, 877

12, 020
99, 310

* 11, 591
4
94, 191

3,165
32,886

2,879
32, 382

3,669
37,554

4

45,944
28, 986
17,008

50, 814
30, 004
20, 810

63, 587
37, 002
26, 585

61, 628
36, 172
25, 456

74, 386
42,434
31, 952

47,400
29, 271
18, 129

41,050
2,552
21,812
1,675
11, 272
468
3,116
224
4,850
185
985
97
1,236
74
3,996
191

42, 906
2,586
22, 637
1,698
11,914
474
3,344
224
5,011
190
1,116
100
1,443
76
4,708
199

48, 992
2,615
26, 895
1,718
12, 925
481
3,471
224
5,701
192
1,232
104
1,756
80
5,418
203

46, 799
2,637
24, 660
1,725
13, 034
492
3,444
226
5,661
194
1,271
106
1,719
81
5,515
207

89,445
2,655
45, 439
1,727
24, 844
506
7,216
228
11, 946
194
2,774
109
3,388
82
10, 328
213

33, 512
2,659
17, 658
1,728
9,019
509
2,692
229
4,143
193
798
109
1,096
82
3,328
221

4, 577
369
12,404
2,217

4,590
366
12, 541
2,190

4,802
367
13,084
2,266

4,617
369
12, 512
2,160

4,987
371
13,442
2,369

1,170

1,215

1,267

1,250

1,190

1,185

1,269

460
26
1,416
19
12, 886
981
6,627
3,271
1,912
300
873
118

512
29
2,192
19
16, 477
1,006
6,622
3,288
1,962
299
1,046
119

12.1

4
4

495,304
292, 901
202,403

579,328 +17.0
346, 973 +18.5
232,355 +14.8

503, 916

539, 757

+7.1

272, 752

287,317

+5.3

133, 767

147, 363 +10.2

+4.3

39,336

41, 031

58,061

65, 046 +12.0

12, 271

13, 559 +10.5

12,882

17, 160 +33.2

43, 325

54, 988 +26.9

-2.2
+0 8
-2.9
-6.9

58, 111

55, 576

-4.4

28, 802

26, 376

-8.4

14, 960

14, 622

-2.3

-2.5

+5.6
-0.9

14, 349

14, 585

+1.6

-72.0
0.0

+40.9

+17.0

5,611

6,658 +18. 7

-65.7
0.0
-40.9
—0 5
-44.4
+0.3
-66.8
0.0

+11.5
+11.9
+3.1
+5 7
-8.8
0.0
+36.1
+17.7

151, 964

176, 666 +16.3

1,954
< 94, 156
144, 289

-18.9
-7.7

31,615
3,466

30, 579
3,438

* 12, 841
100, 025

10, 967
83,154

3,950
39, 046

3,626
36, 025

4

+37.0
+32.3
+26.8
+39.9

+0.9

80, 179

80, 903

29,040

24, 512 -15.6

10, 224

12, 119 +18.5

+7.1
+3.5

29, 889
1, 115, 229
1,065,498

29, 532 -1.2
1, 194, 284 +7.1
3, 542, 232 -232. 4

-20.9
-20.0

+3.4
+0.8

376, 039
40, 312

377, 344
40, 569

+0.3
+0.6

10, 468
78, 220

-14.6
-16.9

133, 434
1, 037, 893

132, 579
1,036,095

-0.6
-0.2

3,416
34, 117

-8.2
-7.7

+4.8
+6.3
+6.1
+5.6

39, 508
408, 719

41, 103
417, 831

+4.0
+2.2

8.6

Advertising
Magazine advertising-- .
Newspaper advertising
Air mail, weight dispatched

thous. of lines
thous. of lines. .
pounds..

Postal Business
Postal receipts:
50 selected cities
. ..thous. of dolls
50 industrial cities
thous. of dolls..
Money orders:
Domestic paid (50 cities)—
Quantity
number.
Value
thous. of dolls..
Domestic issued (50 cities)—
Quantity... __ _„
number..
Value
thous. of dolls..
4
Revised.




3,480
35, 711

4

4

44

TREND OF BUSINESS MOVEMENTS—Continued
1938

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

August

September

October

1929

November

Decem- January
ber
]

1938

January

PER CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Per ct,
increase
( }
or t
decrease
(-)
cumulative
1928
from
1927

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

Jan.,
1929,
from
Jan.,
1928

1937

1938

BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Amount of new insurance (45 companies) :
Ordinary
thous of dolls
Industrial
__thous. of dolls..
Group
thous. of dolls
Total insurance
thous of dolls
Premium collections (45 companies) :
Ordinary
thous. of dolls _.
Industrial
__
thous. of dolls..
Group
thous. of dolls..
Total
thous. of dolls..
Admitted life insurance assets (41 companies):
Grand total
mills, of dolls..
Mortgage loans —
Total
mills of dolls
Farm
mills, of dolls .
All other _
mills, of dolls..
Bonds and stocks (book value):
Total
_
.
mills, of dolls..
Government
mills, of dolls..
Railroad
mills, of dolls .
Public utility
mills of dolls
All other.
mills, of dolls..
Policy loans and premium
notes
mills, of dolls..

534, 112
626, 594
198, 949
193, 365
56, 926
277, 943
876, 885 1,011,004

659, 844
233, 530
72, 119
965, 493

667, 633 810, 127
659, 843
202, 948 246, 045! 265, 998
53, 569 224, 330!
98, 637
924, 150 1,280, 502 1 1, 024, 478

580, 462
236, 303
46, 841
863, 606

-18.6 +13.7 7, 804, 406 8, 199, 375 +5.1
+8.1 +12.6 2, 667, 333 2, 692, 522 +0.9
-56.0 +110. 6
824, 372 1, 366, 328 +65.7
-20.0 +18.6 11, 296, 111 12, 288, 225 +8.8

143, 386
50, 228
5,705
199, 319

135, 743
49, 343
5,738
190, 824

154, 489
55, 691
6,447
216, 627

155, 032
49, 154
6,577
210, 763

181, 752
96, 864
7,078
285, 694 1

148,947
54, 564
7,618
211, 129

-11.5
-44.5
+26.3
-21. 7

+8.0
-1.4
+17.3
+5.9

1, 740, 316 1, 873, 934 +7.7
662, 506 +10.0
602, 264
87, 979 +35.3
65, 045
2, 407, 625 2, 624, 419 +9.0

12, 406

12, 510

12,634

12, 742

5,382
1,602
3,780

5,429
1,604
3,825

5,484
1,606
3,878

5,517
1,603
3,914

5,103
1 615
3,488

4,704
927
2,411
1,138
228

4,718
930
2,406
1,151
231

4,752
939
2,410
1,163
240

4,816
949
2,437
1,180
250

4 417
938
2,311
1,004
164

1,486

1,497

1,510

1,523

1 383

702,275
273, 055
163, 568
104,287
86, 288
75, 077
43, 503

578, 193
218, 788
136, 379
90,916
71, 371
60, 739
38,872

764, 577
316, 574
176, 739
112, 916
85,408
72, 940
55, 743

722, 495
296,968
167, 479
104,294
81, 768
71, 986
54, 865

-19.9
-13.3
-18.9
—24.2
-32.5
-26.3
-10.7

+16.5
+16.7
+24.2
+11.1
+5.9
+18.7
+6.3

8, 531, 545
3, 438, 062
1, 898, 798
1, 286, 886
1, 049, 908
857, 891
502,438

-9.3
-2.9

3112

—1.0
-1.9
—8. 3
-5.8
+5.6
+5.9
+5.9
+5.8
-3.1
0.0

-14.0
-4.1
-0.9
+3.9
-9.9
-19.1
-16.1

37, 884
25, 001
1,871

+3.8
-5.2
+0.1

+44.4
+12.5
+13.5

160, 867
53, 806
8,938
223,611

11 704

(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies) :
United States total . .. thous. of dolls..
Eastern manuf. dist
thous. of dolls..
Western manuf. dist.. .thous. of dolls..
Western agric. district ..thous. of dolls..
Southern district
thous. of dolls. .
Far western district
thous. of dolls..
Canada total, 15 companies.thous. of dolls..

886,048
352, 806
199, 625
132, 957
108, 046
92, 614
56, 647

709, 452
305, 721
161, 832
100, 769
72,892
68, 238
50, 575

609,228
261, 898
130, 338
90, 662
68, 847
57, 483
47, 569

8,936,665 +4.7
3, 648, 065 +6.1
2, 005, 524 +5.6
1, 345, 140 +4.5
1, 055, 200 +0.5
882, 736 +2.9
580, 674 +15. &

(Life Insurance Lapses)
Total
New England
Middle Atlantic
East No. Central
West No Central
South Atlantic
East So. Central
West So Central
Mountain
Pacific

2

2
98
2 103
2
109
2
104
2 gg
2
101
2
101
2
86
2
96
2
94

rel. to 1925-26
rel. to 1925-26. .
rel. to 1925-26..
rel. to 1925-26
rel. to 1925-26
rel. to 1925-26
. .rel. to 1925-26
rel. to 1925-26
rel. to 1925-26
rel to 1925-26

3

97

107
3104
112
114
3
98
108
103
101
115

2101
2

100
2
98
2
94
2
107
2 2 107
91
2
93
294

-

|!
1

Banking

Check payments:
New York City
Outside New York City
Canada
.
_
Federal reserve banks:
Bills discounted

mills, of dolls .
mills, of dolls..
mills, of dolls .

391, 557
281, 460
19, 704

35, 102
23, 401
1,813

38, 726
24, 450
1,681

45, 189
27, 705
2,395

45, 469
25, 880
2,376

52, 727
29, 659
2,121

54, 719
28, 126
2,124

1,039
1,651
394
2,765
2,325
69.5

1,026
1,704
545
2,751
2,414
66.8

932
1,710
671
2,773
2,419
67.2

990
1,766
716
2,722
2,411
65.2

1,151
1,829
738
2,719
2,564
61.9

821
1,645
646
2,835
2,437
69.4

423
1,577
812
2,971
2,452
73.7

15,729
6,405
12, 871

15, 952
6,401
13, 226

16, 067
6,430
13, 368

16, 260
6,375
13, 460

16, 963
6,376
14, 041

16, 122
6,053
13, 395

15, 265
6,575
13, 888

-5.0
-5.1
-4.6

5,051
8.80

5,514
9.29

5,880
9.62

6,392
9.66

6,440
9.54

6,735
9.48

4,420
8.99

+4.6
-0.6

+52.4
+5.5

4,235

4,570

4,907

5,290

5,330

5,559

3,816

+4.3

+45.7

6.25
6.87
5.38
4.63
5.00
5 04
4 84

7.00
7.26
5.63
4.50
5.00
5.04
5.12

7.13
6.98
5.50
4.50
5.00
5.04
5.24

6.93
6.67
5.38
4.50
5.00
5.04
5.31

7.38
8.60
*5.38
4.50
5.00
5.04
5.33

7.75
7.05
5.38
4.75
5.00
5.04
5.33

4.38
4.24
4.00
3.38
3.50
5.06
4.50

+5.0
-18.0
0.0
+5.6
0.0
0.0
0.0

+76.9
+66.3 I
+34.5
+40.5
+42.9
-0.4
+18.4

4,299

4,352

4,345

4,334

4,406

4, 410

4,193

+0.1

+5.1

Government debt, gross, endmo_mills. of dolls..
17, 648
Customs receipts
thous. of dolls
52, 797
Total ordinary receipts _ __ thous. of dolls
173, 495
Expenditures chargeable to
ordinary receipts
thous. of dolls
308, 594
U. S. money in circulation:
Daily average
mills of dolls !
4, 743
2

Quarter ending in montf i indicated

17, 367
50, 410
557, 398

17, 544
59, 741
187, 627

17, 493
48, 436
145, 156

17, 310
45, 803
649, 105

17, 379
45, 549
163, 889

18, 050
41, 975
168, 840

+0.4
-0.6
-74.8

482, 600

368, 653

213, 629

384, 019

371, 595

349, 142

4,804

4,837

4,785

500, 211 +27.7
306, 195 +8.8
23, 384; +18.7

+5.6
-7.9
-3.5

mills of dolls

Total investments
mills of dolls
Total reserve
mills of dolls
Total deposits
mills of dolls
Reserved 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
Brokers' loans, end of month:
To N. Y. Stock Ex. membersTotal
mills of dolls
Ratio to market value
per cent
By New York F. R. member
banks
mills, of dolls
Interest rates:
Time loans, 90 days
per cent
Call loans renewal
per cent
Prime com. paper (4-6 mos.)
per cent..
Prime bankers' acceptances
per cent
N. Y. Fed. Res. Bank (redisc.)__per cent..
Federal land banks
per cent
Intermediate credit banks
per cent
Deposits, New York State savings
banks, end of month
mills of dolls

4

-28.7 +94.1
-10.1 +4.3
-12.5 -20.4
-4.6
+4.3
-0.6
-5.0
+12.1 -5.8

"
j '•"
I
!

|

i

Public Finance



5,008
4,860
4,748
» Quarluer ending Dec. 31, 19 27.

-3.7 I
591, 946
+8.5
-2.9 4, 087, 815

565, 500
3, 920, 048

-4.5
-4.1

-3.2

+6.4

3, 755, 205

+4.2

52

08
4

3, 604, 775

Revised.

45

TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

1939

PER CENT INCREASE (+) OR

1928

DECREASE (— )

August

September

October

November

December

January

January

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

Per.ctincrease
( }
or t
decrease
(-)
cumulative
1928
from
1927

BANKING AND FINANCE— Continued.
Gold and Silver
Gold:
Domestic receipts at mint fine ounces..
98, 769
Rand output __
_
. fine ounces
891, 863
Monetary stock of U. S.—
daily average...
.mills, of dolls..
4,118
Imports
thous. of dolls
2,445
Exports
thous. of dolls
1,698
Silver:
Production —•
United States
thous. of fine oz
4,776
Canada
.
thous. offineoz
2,252
Stocks, end of monthUnited States
thous. offineoz__
263
Canada
thous. of fine oz..
720
Imports
thous of dolls
6,496
Exports
thous. of dolls
9,246
Price at New York
dolls, per fine oz__
.589

83, 247
857, 731

4,125
4,273
3,810

121, 539
897, 720
4

102, 893
872, 484

4,133
14, 331
4
992

4

4,352
2,051

4,087
2,177

972, 927
-7.6
981, 313
+3.9 10, 130, 630 10, 358, 596

77, 220
859, 761

68, 042
876, 452

73, 624
843, 857

-11.9
+1.9

4,151
29, 591
22, 916

4,142
24, 950
1,636

4,115
48, 577
1,378

4,377
38, 320
52, 086

-0.7
+94.7
-15.8

-6.0
+26.8
-97.4

195, 022
201, 455

4
4

4

4
4

5, 273
1, 815

4,909
1,747

4,980
1,433

-6.9
-3.7

-1.4
+21.9

59, 412
20, 761

56, 149
20, 328

68, 119 +23.7
87, 381 +15.5

4

4, 756
1, 459
4

872
1,457
5, 739
6,229
.575

856
718
7,319
4
7, 252
.581

4
4

905
346
5, 448
7, 674
.580

1,011
1,011
5,120
8,489
.573

594
334
8,260
8,264
.570

574
1,141
6,305
6,692
.571

-41.2
-67.0
+61.3
-2.7
-0.5

+3.5
-70.7
+31.0
+23.5
-0.2

55, 073
75, 624

58, 202

33, 957

34, 990

40, 601

40, 774

53, 877

47, 634

16,877
19, 096
22, 229

14, 727
13, 567
5,662
2 20, 810
2,572

13, 490
17, 268
4,232

15, 446
17, 224
7,932

16, 690
32, 024
5,164

2,504

3,287

17, 783
18, 933
4,059
2
43 085
3,065

2,023
528
1,369
126

1,838
519
1,202
117

159

174

1,943
498
1,324
121
2 116
214

2,535
614
1,769
152

135

1,635
454
1,073
108
255
(
120

36
59
60
4
22
51
8
6
10
237

35
74
73
8
6
24
15
4
3
212

33
79
94
13
18
47
14
6
7
217

46
85
105

202

30
69
107
13
11
46
8
6
6
202

30
75
92
11
25
47
24
9
15
286

54
423
210
171
71
11
307

60
376
168
187
43
13
226

87
503
225
190
78
10
276

100
412
200
157
62
14
257

104
441
250
219
65
5
240

116
499
351
374
66

thous. of dolls
thous. of dolls

333, 400
182, 000

408, 600
262, 500

586, 750
388, 600

400, 560
234, 220

566, 500
382, 100

853, 575
516, 375

753, 200
460, 600

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

151, 400
109, 450
35, 200

146, 100
118, 450
20, 400
7,250

198, 150
156, 200
29, 400
12, 550

166, 340
118, 500
34, 900
12, 900

184, 400
141, 200
26,900
16, 300

337, 200
215, 000
39, 100
22, 200

Business Failures
^Liabilities:
Total commercial
thous. of dolls
Manufacturing
establishments ._ __
.thous. of dolls..
Trade establishments
thous.' of dolls..
Agents and brokers
thous. of dolls. .
Banks (quarterly)...
thous. of dolls. .
X/iabilities (Canada)
thous. of dolls.
Firms:
Total commercial
.. number _
Manufacturing establishments. - .number. _
Trade establishments
number
Agents and brokers
number. _
Banks (quarterly)
number. _
Firms (Canada)
number
By groups:
ManufacturersMetals
number
Textiles
_ number
Lumber.
..number _
Chemicals
number..
Printing and engraving
number _
Foodstuffs
number..
Leather, etc
number
Liquors and tobacco _
number .
Stone, clay, and glass
number..
All other..
.
_
number
TradersGeneral stores _
number
Foods and tobacco
number. _
Clothing _
number
Household furniture
number. .
Chemicals and paints
number..
Books and paper
number..
All other..
number..

2,~589

4

1,852
493
1,241
112

28
18
12

+0.9
+2.3

. 168,898 -13.4
560, 760 +178.4
55

-2.1

+13. 1

520, 105

486, 559

+12.2
+21.1
-18.3
+41.1
-31.0

211, 506
228, 194
80, 405
143, 449
25, 287

182, 478 -13.7
225, 301 -1.3
81, 781 +1.7
129, 650 -9.6
36, 457 +44.2

2,643 +30.5
553 +23.3
1,946 +33.6
144 +25.6
4
a 84 +110. 9
210 -13.6

-4.1
+11.0
-9.1
+5.6
+38.1
-11.9

23, 146
5,682
16, 082
1,382
394
2,016

23, 942
5,924
16, 471
1,441
372
1,875

+3.4
+4.3
+2.4
+4.3
-5.6
-7.0

35
0.0 -14.3
74
+8.7
+1.4
81 -14.0 +13.6
3 -15.4 +266. 7
21 +127. 3 +19.0
43
+2.2
+9.3
14 +200. 0 +71.4
7 +50.0 +28.6
10 +150. 0 +50.0
265 +41.6
+7.9

374
703
850
75
264
461
140
104
91
2,620

443
793
970
98
172
496
157
75
94
2,626

+18.4
+12.8
+14.1
+30.7
-34.8
+7.6
+12.1
-27.9
+3.3
+0.2

+16.0
-4.2
-21.3
+1.6
-33.3
-26,1
-11.1

1,214
4,821
2,978
2,758
799
142
3,370

1,042
5,153
3,153
2,768
803
144
3,405

+6.9
+5.9
+0.4
+0.5
+1.4
+1.0

+50.7
+35.1

+13.3
+12.1

5, 580, 548
3, 471, 398

5, 907, 911
3, 703, 924

+5.9
+6.7

292, 600
182, 800
33, 800
21, 000

+82.9
+52.3
+45.4
+36.2

+15.2
+17.6
+15.7
+5.7

2, 099, 150
1, 555, 475
349, 500
124, 675

2, 223, 987
1, 630, 542
365, 455
130, 550

+5.9
+4.8
+4.6
+4.7

38.57

4

2,241

+32.1

14, 871
-6.1
26,446 +69.1
6,318 +27.2
3 30, 545 +107. 0
3,249 -26.9

+1.6

+7.9

158, 575
79, 808
577, 073

-52.8
+21.2
-2.3

+68.1

1, 592, 598
777, 126
7, 301, 417

1, 426, 490 -10.4
648, 120 -16.6
7,712,112 +5.6

185

100 +11.5
521 +13.2
446 +40.4
368 +70.8
99
+1.5
2 3 +240. 0
389 +44.2

!

346

-6.4

Dividend and Interest Payments
Orand total.
Interest payments
._
Dividend payments:
Total
Industrial and misc
Steam railroads ._
Street railways
Aver, payments on industrial
stocks (quarterly)

6,750

2

dolls, pershare..

9. 10

29.25

New Security Issues
Foreign loans in the U. S
thous. of dolls _
Foreign governments
thous. of dolls
•Total corporation. __
.thous. of dolls. . 199, 426
Purpose of issue —
New capital- ___ _ . thous. of dolls
180, 716
Refunding
thous of dolls
18, 710
Type of securityStocks
_ thous. of dolls
73, 892
Bonds and notes
thous. of dolls..
125, 534
Class of industryRailroads
thous. of dolls..
13, 726
Public utilities
thous. of dolls. _
97, 776
Industrials
thous. of dolls
32, 989
Oil
thous. of dolls. _
Land and buildings
thous. of dolls. . ""16," 256
Shipping and misc
Lhous. of dolls..
44, 678
;States and municipalities:
Permanent loans
thous. of do!3s__ 4 78, 445
Temporary loans.
thous. of doiis__ i 63, 543
'Tax-exempt securities outstand- .
ing, end of month
mills, of dolls..
16,911
2
Quarter ending in montli indicated




108, 949
43,500
428, 184

65, 121
36, 750
655, 604

102, 527
15, 000
760, 629

59, 298
13,000
993, 328

28,000
15, 750
970, 276

391, 158
37, 026

600, 473
55, 131

702, 055
58, 574

931, 673
61,655

827, 729
142, 547

4

412, 045 -11.2 +100.9
165, 028 +131.2 -13.6

5, 373, 128
1, 928, 189

6,008,312 +11.8
1, <Oo,SUO -11.6

4
4

141, 045
436, 0281

1, 756, 258
5, 545, 160

3, 530, 651 +101.0
4, 181, 464 -24.6

726, 740
2, 625, 026
1, 551, 022
263, 112
809, 365
1, 688, 926

1, 389, 129! -6.0
716, 793 +14. 7

172, 047
256, 137
202, 239
98, 234
57," 517
70, 194
4

70, 170
73, 419

16, 932i

390, 610
264, 994

447, 080
313, 549

684, 681
308, 647

632, 738
337, 538

45, 830
214, 466
114, 233
7,000
85, 627
163, 749

57, 800
151, 851
154, 752
99, 616
73, 745
222, 866

79, 479
199, 708
228, 959
54, 169
43, 492;
362, 028

61, 613
202, 134
234, 405
134, 570
69, 009
17, 900

115, 451!
26, 183|

69, 766
20, 325

4

4

98, 233
82, 552!

17, 007J

4

173,824
14, 496

4

4
3

4

17,072 4 17, 109|
17, 126
Quarte rending E ec. 31, 1927

-82.3o
on

-7.6 +348. 6
+9.4 -22.6

78, 222 -22.5
210, 155
+1.2
118, 902
+2.4
2,200 +148. 4
78, 741 +58.7
74, 331 -95. 1
4

-21.2
-3.8
+97.1
-12.4
-75.9

962, 807
2, 986, 503
1, 174, 984
425, 338
668, 992
1, 009, 033

103, 139
73, 320

-32.4
-72.3

1, 478, 569
624, 873

4

16, 270|

-39.6
-22.4

+0.1

+5.3
4
Revised.

-2-1.5
-12.1
+32.0
-38. 1
+21.0
+67.4

46
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey'9

August

September

October

1939

November

December

January

1928

January

PER CENT INCREASE (+) OR
DECREASE (— )

Jan.,
1929,
from
Dec.,
1928

Jan.,
1929,
from
Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

1927

1928

[ Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

BANKING AND FINANCE- Continued
Agricultural Finances
Loans outstanding, end mo.:
Federal farm loan banks ___thous. of dolls.. 1, 187, 365 1, 189, 345 1, 190, 278 1, 191, 724 1, 193, 846 1, 195, 089 1, 158, 717
Joint-stock land banks
thous of dolls
608, 706 608 451 607, 632 605, 595 605, 199
604, 375
608, 798
Federal intermediate credit
banks
^.
thous. of dolls..
66, 978
68, 619
76, 547
78, 685
81, 277
79, 462
74, 888
747
583
455
S58
497
445
1,244
Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share..
267. 16
25 railroads, average
dolls, per share..
121. 57
10"? stocks average
dolls per share
151.24
Southern cotton mills
dolls, per share. . 104. 82
Stock sales, N. Y. Stock Exch.thous. of shares67, 704
Bond sales:
Miscellaneous
thous. of dolls.. 173, 561
Liberty-Treasury
thous. of dolls..
9,988
Total
thous. of dolls.. 183, 549
Bond prices:
Highest-grade rails .p. ct. of par, 4% bond..
89.66
Second-grade rails.. p. ct. of par, 4% bond..
80.99
Public utility
p. ct. of par, 4% bond..
79.08
Industrial
P ct of par 4% bond
77.97
Comb, price index._p. ct. of par, 4% bond..
81.68
Bond prices, 1st of following month:
5 Liberty bonds
p. ct. of par..
103. 88
16 foreign govt. and city
p. ct. of par..
104. 77
Comb, price index, 66 bonds, .p. ct. of par..
100.36
Bond yields:
Municipal (20)
per cent..
4.18
II. 8. Treasury notes and
certificates, 3-6 months
per cent..
4.36
Liberty and Treasury bonds
per cent..
3.56
Long-term real-estate bonds issued:
Grand total
thous. of dolls..
21, 947
Purpose of issueFinance construction... thous. of dolls..
9,970
Real-estate mortgage- -thous. of dolls..
5,590
Acquisitions and
improvements
thous. of dolls..
3,252
Kind of structureOffice and commercial. -thous. of dolls..
4,785
Hotels
thous. of dolls..
2,200
Apartments
thous. of dolls..
3,145
Corporation Stockholders

283.99
124. 82

+0.1

+3.1
-0.7

-2.2
-2.2

+6.1
—64. 2

103. 31
90, 907

293. 51
123.40
154.95
103. 19
99, 077

316. 15
130. 07
175. 63
102. 58
115, 435

286. 66
126. 10
187. 33
101. 97
92,837

344. 17
132. 40
179. 25
101.04
110, 804

242. 25
118. 29
142. 13
112. 25
56, 963

+20.1
+5.0
-4.3
-0.9
+19.4

+42.1
+11.9
+26.1
-10.0
+94.5

584, 491

920, 551 +57. 5

190, 582
10, 467
201, 049

226, 621
11, 949
238, 570

210, 897
10, 569
221, 466

190, 010
16, 947
206, 957

235, 427
13, 772
249, 199

269, 374
20, 864
290, 238

+23.9
-18.7
+20.4

-12.6
34 0
-14.1

3, 390, 462
289, 901
3, 680, 363

2, 783, 471 -17.9
178, 315 -38.5
2, 961, 786 -19. &

91.05
82.51
79.51
78.18
82.53

90. 72
81.98
81.12
78.34
82.79

91.30
83.11
81.30
78.57
83.31

89.83
81.87
80.34
78.23
82.34

90.09
81. 27
80.16
78.89
82.39

97.04
88.75
79.66
81.28
86.15

+0.3
-0.7
-0 ?
+0.8
+0.1

—7.2
-8.4
+0.6

103. 11
104.55
100. 40

103. 85
104. 59
100. 53

103. 75
104. 20
100. 57

103. 45
103. 77
100. 09

102. 49
104. 52
100. 08

105. 94
105. 90
102. 60

—0 9
+0.7
0.0

—3 3
-1.3
-2.5

4.16

4.16

4.14

4.17

4.19

3.87

+0.5

+8.3

4.57
3.54

4.70
3.55

4.25
3.48

4.35
3.53

4.65
3.59

3.31
3.35

+6.9
+1.7

+40.5
+7.2

52, 116

64, 864

61, 360

37, 952

61, 065

61, 167

+60.9

-0.2

570, 742

682, 285 +19.5-

4,460
32, 955

33, 290
11,898

12, 590
14, 980

12, 530
7,622

13, 610
11,245

32, 759
12, 900

+8.6
+47.5

-58.5
-12.8

270, 198
137, 215

252, 920 -6.4
212, 829 +55.1

530

1,509

26, 550

11, 750

26, 200

2,510
400
270

15, 018
9,900
8,423

11, 095
300
1,970

11, 325

12, 535

1,530

2,905

1 ^4 87

-4.4

6,533 +123.0 +301.0

63, 843

89, 537

+40.2

+10.7

-56. 8

+89.9

-32.6

186, 503
48, 266
61, 495

200, 109
44, 760
42, 202

+7.3
-7.3
-31.4

3 142, 622
3
2, 854

-0.3
-2.3

+8.0
+3.8

99, 174
1, 612
24. 15

3 394, 756
1, 539
3
25. 11

-3.2
-7.8
+0.8

+4.7
+4.7
-3.8

449, 077
2
5, 432

3 418, 295
3 5, 247

-0.6
+0.1

+7.4
+3.5

29,000
650
4,309

( Quarterly)
Pennsylvania Railroad Co.:
Domestic
number..
Foreign
number..
U. S. Steel Corp. common stock:
Domestic
number ._
Foreign
_
.numberShares held by brokers
per ct. of totalAmerican Telephone & Telegraph Co.:
Domestic
numberForeign
number—
FOREIGN EXCHANGE RATES
Europe:
England
France .
Italy
Belgium
Netherlands
Sweden...
Switzerland...
Asia:
Japan
India
America:
Canada
Argentina
Brazil
Chile




dolls, per £ sterlingdolls, per franc. .
dolls, per liradolls, per franc..
dolls, per guilder. .
dolls, per kronedolls, per franc..

2

2

154, 415
2
3, 032

2

2 102, 457
2
1, 748
2
23, 95
2

154, 008
2
2, 963
2
2

2

451, 603
2
5. 426

4.85
.039
.052
.139
.401
.268
.193

4.85
.039
.052
.139
.401
.268
.193

4.85
.039
.052
.139
.401
.267
.192

4.85
.039
.052
.139
.401
.267
.193

4.85
.039
.052
.139
.402
.268
. 193

4.85
.039
.052
.139
.401
.267
.192

4.88
.039
.053
.139
.403
.269
.193

0.0
0.0
0.0
0.0
-0.2
-0.4
-0.5

-0.6
0.0
-1.9 1
O.O
-0.5
-0.7
-0.5'

.451
.363

.458
.363

.462
.365

.464
.365

4.59
.365

4.56
.365

.469
.367

-0.7
0.0

-2.8!
-0. 5

dolls, per Canadian doll..
1.000
1.000
1.000
dolls, per gold peso..
.957
.956
.959
dolls, per milreis..
.119
.119
.120
.121
.121
.121
dolls, per paper peso..
2 Quarter ending in month indicated.

1.000
.958
.119
.121

.998
.958
.119
.121

.998
.958
.119
.121

.998
.971
.120
.122!

0.0
0.0
0,0
0.0

0.0
-1.3
-0.8
-0.8

..dolls, per yen..
dolls, per rupee..

3

Quarter ending Dec. 31, 1927.

47
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through December except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the February, 1929, "Survey"

1929

PER CENT INCREASE (+) OR

1928

DECREASE (— )

August

September

October Novem- December
ber

January

January

Jan.,
1929,

Jan.,
1929,

Dec.,
1928

Jan.,
1928

CUMULATIVE TOTAL
FROM JAN. 1 THROUGH
DEC. 31

from

from

1927

1928

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

U. S. FOREIGN TRADE
Imports
319, 617

353, 359

326, 493

339, 036

102, 511
13, 780
18, 569
26, 408

121, 231
17, 220
22, 298
10, 071
33, 436

107, 368
15, 076
18, 672
10, 618
28, 140

110, 655
14,028
18, 499
10, 952
29, 186

23, 089

76, 891
42, 168

84, 399
47, 403

78, 757
41, 632

74,928
40, 692

76, 518
37, 027

37, 540

6,296

41,610
6,745

41, 229

50, 029
6,778

47, 192

97, 431
33, 679

100, 954
35, 324

92,868
31, 942

6,270

96, 798
32, 823
6,615

107, 507
32, 001

110, 289

117, 624

108, 427

117, 691

142, 049

133, 395

37, 207
33, 776
63, 365
74, 980

42,007
35, 370
71, 182
89, 177

44, 563
30, 605
62, 506
80, 392

45, 013
28, 810
71, 233
76, 283

47, 659
28, 780
70, 591
79, 557

48, 302
28, 724
61, 221
66, 302

379, 872

421, 647

550, 894

544, 863

475, 602

491, 000

410, 778

149, 196
15, 167
24, 579

192, 860
20, 048
46, 291
14, 275
59, 173

269, 352
28, 928
57, 961
16, 936
97, 991

274, 429

65, 563
16, 173

238, 865
26, 385
44, 679
16, 030
94, 840

118, 926
85, 851

115,403
87, 288

126, 812
89, 478

118,425
77, 373

43, 766
17, 348

33, 805

49, 094
19, 719

59, 973
15, 517
8,011
371, 312

71, 805
27, 542

Grand total
thous. of dolls . 346, 715
By grand divisions:
EuropeTotal
thous. of dolls.. 107, 785
France
thous. of dolls..
15, 074
Germany
_ _ _ -thous. of dolls..
21,011
Italy
thous. of dolls
6,875
United Kingdom
thous. of dolls. . 27, 517
North AmericaTotal
.thous. of dolls..
78, 190
Canada
thous of dolls
43, 236
South AmericaTotal
thous. of dolls..
51, 079
Argentina
thous. of dolls.
8,965
Asia and OceaniaTotal
thous of dolls • 100, 886
Japan
.-thous. of dolls..
38, 991
Africa total
thous. of dolls
8,782
By classes and commodities:
Crude materials
thous. of dolls.. 122, 186
Foodstuffs, crude, and
food animals
. _ _ ..thous. of dolls..
45, 940
Manufactured foodstuffs .. -thous. of dolls..
30, 060
Semimanufactures
-thous. of dolls..
66, 337
Finished manufactures
thous. of dolls..
82, 192

4, 184, 743

4, 091, 120

-2.2:

1, 264, 072

1, 248, 898
158, 565
221, 979
101, 812
348, 435

+10. r

985, 458

475,028

960, 264
488, 999

-2.6
+2.9'

518, 275
97, 240

569, 507
99, 485

+9.9'
+2.3

1, 323, 682
402, 105
93, 255

1, 222, 354
384, 346
90, 092

-7. 7
-4.4
-3.4-

+6.5

1, 601, 647

1, 466, 544

-8.4

-1.3
+5.9
-0.1 +0.2
-0.9 +15.3
+4.3 +20.0

504, 571
450, 596
749, 651

878,278

549, 542
405, 496
762, 622
906, 916

+8.9
-10. ft
+1.7
+3.&

4, 865, 375

5, 128, 809

+5.4

207, 577
20, 670
42, 648
14, 530
74, 392

2, 310, 403
228, 781
481, 681

2, 374, 836 +2. 8
240, 691 +5.2
467, 205 -3.0
162, 135 +23.2
847, 277 +0.9*

103, 668
69, 001

87, 319
54, 180

1, 253, 027
836, 532

1, 322, 882
916, 156

+9.5>

49, 837
18, 396

42, 695
14, 938

34, 812
12, 557

438, 159
163, 486

480, 696
178, 899

+9.7
+9.4

414, 859

93, 006
39, 136
12, 630
543, 041

90, 075
37, 195
12, 099
538, 324

78, 908
27, 755
11,466
465, 987

480, 317

72, 255
26, 108
8 814
401, 913

+3.1

+19.5

756, 699
257, 570
107, 088
4, 758, 864

5, 029, 682

116,656

+8.9
+5.7

+8.4-

6,543

5,257

7,239

5,555

368, 636

337, 943

+8.7

+9.1

97, 153

167,800

12, 126
15, 856

200, 554
108, 970
357, 931

8,846

::::::::

6,747

9,573

+20.7

-1.2
-5.4
-6.6
-2.7

Exports
Grand total, including
reexports
thous. of dolls..
By grand division:
EuropeTotal-.
thous. of dolls..
France
thous. of dolls..
Germany_
thous. of dolls..
Italy
thous. of dolls..
United Kingdom
thous. of dolls..
North AmericaTotal-thous. of dolls..
Canada
thous. of dolls..
South America—
Total _._
thous. of dolls..
Argentina ...
. . thous. of dolls __
Asia and OceaniaTotal
.
thous. of dolls..
Japan
thous. of dolls..
Africa, total
. thous. of dolls..
Total domestic exports only thous. of dolls..
By classes of commodities:
Crude materials
thous of dolls
Foodstuffs, crude, and
food animals
thous. of dolls..
Manufactured foodstuffs... thous. of dolls..
Semimanufactures
..thous. of dolls.
Finished manufactures
thous. of dolls..
Agricultural exports (quantities) :
All commodities
rel. to 1910-14..
All commodities except
cotton.
rel. to 1910-14 .

9,955

52, 826

11,457
7,544

31,111

105,462

+3.2

+19.5

131,651
840,059

+5.6

833, 738 +10. 2
288, 054 +11.8

52, 375

120, 188

176, 354

194, 006

152, 077

120, 631

112, 058

-20.7

+7.7

1, 192, 776

1, 293, 264

29, 308
34, 751
55, 873
199, 005

42, 363
35, 762
51, 095
165, 451

52, 381
51, 645
59, 999
202, 662

31, 532
45, 887
60, 861
206, 038

27, 390
45, 530
58, 153
182, 837

28, 667
48, 524
67, 653
214, 842

18, 077
43, 291
63, 851
164, 636

+4.7
+6.6
+16.3
+17.5

+58.6

421, 107
463, 299
699, 727
1, 981, 955

293, 487 -30. 3
467, 033 +0.&
716, 512 +2.4
2, 259, 386 +14. 0

75

138

201

192

160

133

113

+17.7

126

168

232

172

166

155

127

-16.9
-6.6

114, 175
113, 904

106, 066
111, 856

112, 341
143, 955

102, 967
170, 092

94, 621
133, 245

96, 958
97, 296

79, 506
84, 428

+2.5
-27.0

+22.0

1, 087, 864
1, 238, 798

1, 222, 196 +12.3
1, 374, 131 +10. 9>

+12.1
+6.0

+30.5
+22.0

CANADIAN FOREIGN TRADE
Total trade:
Imports
Exports..




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

o

+15.2




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Dec., Ui#8« Farts I and, II. ^Part^ I contains statistics ol the namp, dim^i^io^, tonnage, jp^iac^ where built,^naaeo^ pwner^ \
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exports of dqnx^ic merchandise, and imports by articles for • and Hotne port'oi e^ch.vesserin^hie merchant marine. Price, $2,
BecemHer;.1^27 and .192Srahd f or 12 months fcrid^d iDfecember,
^1927 -and 1B2^. Part II contains summaries cof export^ arid
COASt ANi> GEOPE^IC StlBVEY
impprjfc trg;de; monjthly average import and export prices;
TMe Table,? ;New York flLarbbr and Vicinity for Year 1929.
i statistics, of trade with Alaska, Hawaii, and Porto Kico. vSinglj& gerial No. 429; li+23, pages. Price, 5$.
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, copies, , Part I? lOfe 3Part II, ty» *L Annual subscription* 01,25.
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.Trap^' Financing and JJxehange^n potto Eico aid jBCaiti»/I)y ,
;tt. H. Dashiell, a$s%tant trad6 commissioner, an,d, SainuelH.
Liglit kj&ir Lower Mississippi River and Tribftartes, Fifv
Boriaker, cbnsuL Trtfd0 Information Bulletin N^p. 5,95 ; ii+17 tef^th Lighthouse Bi^rietT 19^8, corrected to Dec.^5i Cprr-.
'vpages, Discusses the planner o| financing trade iti.Porio Ric,o tarns all aids to navigation maintained, by tie United, States'
andteaiti, banking 1
facilities of, the two countries, and exchange on the Mississippi ^iyer '"below t}ie moiith "of -the Missouri
operations i n Haiti. Price, lO^.i ' ,
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Eiver^ ,and on ^he, Ya^op 6anal and Bed Kiverv f rice, 20^. '
Pl^cttical Equipment Market in Spain, ^Trade Information
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OFFICE
Bulletin" ^o/59&; ii-f 41 p%es. ~ Shows the amount of ^electricity
Index
jgeiiejaied^ its t various uses, and the^ra^es cha^ged^ wiffi a list
Patents Issued from fUpited States Patdnt
^
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" of ^yHroelectnc plants in. operation in Spain. Price, 10^; t
, Frbncii and German Inland Waterways, ^y E. ^Chamberlain^
Inde? of 15pad^-Marks I^u«d %ni Uniterd Sftate*? Patent
^rade Infornia^ion Bulletin 'No^ 5!97;,ji+12 pag^s. Contains a Officer 19^ ' 64^Apages. Contains lists of trademark , regis- %
^ipparisoji of the traffic on the inland waterways of .France and tranta" and ^applicants, labels jategistrarits, and la'clAssifiecl list
y for the ye^rs 1913 and 1925. Price, 10^. » r «
of trade-marks afrd prints.
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