Full text of Survey of Current Business : May 1922
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MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS BUREAU OF THE CENSUS COMPILED BY BUREAU OF FOREIGN AND DOMESTIC COMMERCE No. 9 MAY : BUREAU OF STANDARDS 1922 CONTENTS Page. iPage. Summary for March Business indicators (text) Diagrams and table Wholesale price comparisons (diagram and table) Business conditions in March (text and diagrams) Trend of business movements (table) Detailed tables: Textiles (Tables 1 to 8) Metals (Tables 9 to 14) Fuels (Tables 15 to 20) Paper and glass (Tables 21 to 24) Rubber and automobiles (Tables 25 to 26) Hides and leather (Tables 27 to 30) 1 1 2 5 7 23 40 48 54 60 64 66 Detailed tables—Continued. Building construction and materials (Tables 31 to 44) Chemicals and fats and oils (Tables 45 to 48) Food production and tobacco (Tables 49 to 64) w Transportation (Tables 65 to 70) ... Distribution movements (Tables 71 to 75) Labor and price indices (Tables 76 to 82) Banking and finance (Tables 83 to 95) Foreign exchange and trade of the United States (Tables 96 to 101) Trade and industry of foreign countries (Tables 102 to 130) Sources of data Index 70 84 88 104 110 115 121 134 169 173 SUMMARY FOR MARCH. The chief outstanding features of the March industrial figures are the marked increases in iron and steel activity, the big increase in construction, and the improvement in the automobile and accessory business. The first two of these are fundamental industries in which a sustained increase is bound to be of more than ordinary importance. Production in almost all lines is on a distinctly higher level than it was a few months ago. The security markets are reflecting confidence in the future. Business men, including those in the agricultural districts, are more optimistic than at any time in the preceding 18 months. In estimating the present situation, the unsettled world conditions must be taken into account. Reconstruction in Europe is far behind what it is in this country. Domestic conditions give every reason to expect a steady improvement in business, but with the present foreign situation there is little likelihood of any immediate boom movement. BUSINESS INDICATORS. The diagrams on the following page have been pre$&red to facilitate comparisons between a few of the more important business movements. The lines are plotted on what are known as ratio charts (logarithmic scale). These charts show the percentage increase and allow direct comparisons between the slope of one curve and that of any other curve regardless of what part of the diagram it is located in. That is, a 10 per cent increase in an item is given the same vertical movement whether its curve is near the bottom or near the top of the chart. The difference between this and the ordinary form of a chart can be made clear by an example. If a certain item has an index number of 400 in one month 100797°—22 1 and it increases 10 per cent, its index number will be 440, and on an ordinary chart, the next month would be plotted 40 scale points higher than the preceding month. Another movement with an index number of, say, 50 also increases 10 per cent, making its index number 55. On the ordinary (arithmetic) scale this item would rise only 5 points, whereas the previous item rose 40 points, yet each showed the same percentage increase. The ratio charts avoid this difficulty and give to each of the two movements exactly the same vertical rise and hence the slopes of the two lines are directly comparable. The ratio charts compare percentage changes, while the arithmetic charts compare absolute changes. BUSINESS INDICATORS. (1913 monthly average*-100. See explanation on preceding page.) BITUMINOUS COAL PRODUCTION. PIG-IRO . PRODUCTION. 1820 1821 1980 1922 I9SI 1812 COTTON CONSUMPTION. 1820 i.OOO •00 1021 1822 700 sm 600 600 900 X NUMBERS 200 1 o so Z Z 100 X 80 »* so * " 100 V- TO —j \ 60 f A/ 60 89 ao iu FREIGHT TON-MILES. 1921 IQ22 80 Hi I92O BANK CLEARINGS OUTSIDE NEW YORK CITY (VALUES). EXPORTS (VALUES). 1920 1921 1820 1.000 800 600 1821 (822 TOO TOO 600 600 600 800 400 400 1 V aoo 900 I L 100 80 80 T( 60 C O ^^-N V I g 801 2 70 eo eo ao ao 40 40 S O M DEFAULTED LIABILITIES (VALUES). 1920 mo 1921 •0 PRICE OF 23 INDUSTRIAL STOCKS. WHOLESALE PRICES. 1922 1920 1921 1820 1922 M TO O TOO 600 600 400 A / P 100 80 60 f I 88 /I 300 900 :x NUMB Z X S Z \f VI 60 80 80 TO 60 40 SO 80 1821 1822 BUSINESS INDICATORS. The following table gives comparative index numbers for a selected list of important business movements. It is 3lieved that this table will prove useful, because it separates out from the large mass of material a comparatively small number of it» i which are often regarded as indicative of business in general. The table has been divided into two parts, the first containing those items for which index numbers can be caleu >ted using 1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the two sets of data. In either group, however, the upward or downward trend of the index numbers, compared to previous months, does reflect the present tendency in each item and will give a basis for business judgment. COMMODITY. 1919 1922 1921 MONTHLY AVEEAGE. 1920 1921 Feb. Mar. Apr. May. June. July. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 1913 monthly average—100, Production: Pig iron Steel ingots Copper Anthracite coal Bituminous coal Crude petroleum Wool (consumption) Cotton (consumption) Beef Pork Stocks: Crude petroleum Cotton (mills and warehouses) Prices: Wholesale index, all commodities (Dept. Labor) Retail food (Dept. Labor) Retail coal, bitum. (Dept. Labor). Farm crops (Dept. Agriculture) *.. Farm live stock (Dept. Agriculture). Business finances: Defaulted liabilities Price 25 industrial stocks Price 25 railroad stocks Banking: Bank clearings, New York City Bank clearings, outside N. Y. City.. Commercial paper interest rate Distribution: Imports (value) Exports (value) Sales, mail-order houses 100 119 111 135 105 99 96 97 96 116 154 181 142 118 108 117 131 121 120 111 105 109 164 155 212 243 186 203 147 207 236 244 198 168 42 108 182 184 75 68 249 257 228 258 94 127 218 294 319 331 264 264 54 66 39 95 85 189 135 85 109 116 76 82 75 101 77 171 93 82 88 138 62 74 87 97 76 198 118 91 109 110 47 57 50 101 71 193 132 85 101 108 150 183 125 220 132 213 138 205 155 153 197 111 107 167 158 210 120 117 162 156 205 113 123 154 152 195 104 112 230 137 64 268 149 65 297 143 63 170 147 62 251 205 199 113 184 178 134 212 211 132 197 201 lt f 188 131 120 140 181 188 144 235 173 169 187 244 170 164 203 159 42 47 19 108 85 195 145 96 104 128 34 38 17 92 76 194 132 85 101 110 37 54 21 94 87 198 145 97 118 94 38 55 21 93 88 176 155 101 119 87 49 76 24 99 110 172 168 103 125 99 55 78 22 90 90 183 163 109 114 118 153 178 159 156 160 145 163 172 164 206 168 223 175 223 148 144 191 106 104 148 148 193 109 109 152 155 193 109 113 152 153 193 111 101 150 153 192 98 98 149 152 190 98 92 149 150 189 98 91 152 131 61 188 127 64 189 121 64 163 128 65 234 130 64 235 135 66 214 196 117 195 188 111 185 189 103 199 196 102 203 209 97 124 163 159 119 130 177 159 120 157 188 48 60 24 101 83 203 141 91 101 116 147 194 151 145 191 109 109 148 65 137 160 157 133 64 67 18 78 64 64 79 75 82 112 25 37 61 82 89 115 77 94 103 126 203 159 106 99 133 208 197 227 153 158 176 108 109 111 144 123 187 199 210 203 188 171 148 151 142 142 182 179 100 112 95 108 152 139 179 114 117 385 140 66 325 320 143 149 213 201 90 234 212 89 219 195 189 166 85 84 126 166 222 141 142 211 159 143 217 145 144 135 121 175 161 171 156 211 65 315 154 70 237 200 83 I 1919 monthly average — 1OO. Production: 100 Lumber * 100 Building contracts (floor space) Stocks: 100 Beef 100 Pork Business finances: 100 Bond prices (40 issues) Banking: Debits to individual accounts, out100 side New York City Federal Reserve, bills discounted... 100 100 Federal Reserve, total reserves Transportation: 100 Freight, ton-mile6 100 72 85 70 66 36 81 58 83 74 93 77 92 77 85 68 94 76 92 90 97 87 98 82 89 76 90 65 95 65 103 112 70 97 44 85 61 105 58 107 51 104 46 108 40 110 36 100 27 85 25 61 27 45 33 43 35 51 33 60 31 67 29 74 86 87 87 86 86 86 84 85 86 88 87 90 93 102 102 104 118 132 97 91 91 122 84 124 108 95 118 111 90 107 114 88 97 117 89 92 120 85 85 123 85 77 127 89 72 131 95 68 134 85 66 137 100 61 137 95 44 140 84 37 141 99 33 142 113 87 75 81 77 85 85 86 92 93 111 88 78 99 104 » Monthly prices are for the first of the month following. * Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hardwoods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000 board feet reported by the census. COMPARISON OP PRESENT WHOLESALE PRICES WITH 1920 AND PRE-WAR. (Relative prices 1913-100.) 100 WHEAT CORN POTATOES COTTON COTTON SEED WOOL CATTLE, BEEP HOG8 LAMBS WHEAT. SPRING WHEAT. WINTER CORN. NO. 2 OAT8 BARLEY RYE. NO 2 TOBACCO. BURLEY COTTON. MIDDLING. WOOL. OHIO. UNWA8HED CATTLE, STEERS HOOS. HEAVY SHEEP. EWES SHEEP. LAMBS FLOUR. SPRING FLOUR. WINTER SUGAR. RAW SUGAR. GRANULATED COTTONSEED OIL BEEF. CARCASS BEEF. STEER. ROUNDS PORK. LOINS COTTON YARN COTTON PRINT CLOTH COTTON SHEETING WORSTEO YARN WOMEN'S DRESS GOODS SUITINGS SILK. RAW HIDES. PACKER'S HIDE8. CALFSKINS LEATHER. SOLE LEATHER. CHROME BOOTS AND SHOES COAL. BITUMINOUS COAL. ANTHRACITE COKE PETROLEUM PIG IRON. FOUNDRY PIG IRON. BESSEMER 8TEEL BILLETS COPPER LEAD TIN ZINC LUMBER, PINE, SOUTHERN LUMBER. DOUGLA8 FIR BRICK. COMMON. NEW YORK BRICK. COMMON. CHICAGO. CEMENT STEEL BEAMS1 RUBBER. CRUDE SULPHURIC ACID 200 INDEX NUMBERS 300 400 WHOLESALE PRICE COMPARISONS.—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS. NOTE.—Prices to the producer on farm products are from U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. All other prices are from UJ8. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent prices to the producer or at the mill. See diagram on opposite page. COMMODITIES. Date and maximum relative price. Jan., 1932. Feb., 1922. Mar-, 1922. Relative price. Per cent increase (+) or decrease (—) in Mar. over Feb. (1913 average= 100.) Farm products—Average price to producer: June, 1920 Wheat July, 1920 Corn June, 1920 Potatoes July, 1920 Cotton May, 1920 Cottonseed. July, 1918 Wool May, 1919 Cattle, beef July, 1919 Hogs Apr., 1920 Lambs Farm products—Market price: May, 1920 Wheat, No. 1, northern, spring (Chicago) May, 1920 Wheat, No. 2, red, winter (Chicago) Sept., 1917 Corn, contract grades, No. 2, cash (Chicago) June, 1920 Oats, contract grades, cash (Chicago) Barley, fair to good, malting (Chicago) .;. Mar., 1918 Mar., 1918 Rye, No. 2, cash (Chicago) Mar., 1919 Tobacco, burley, good leaf, dark red (Louisville) Apr., 1920 Cotton, middling upland (New York) Jan., 1918 Wool, Ohio, J and f grades, unwashed (Boston) Mar., 1919 Cattle, steers, good to choice, corn fed (Chicago) July, 1919 Hogs, heavy (Chicago) Apr., 1918 Sheep, ewes (Chicago) Feb., 1920 Sheep, lambs (Chicago) Food: May, 1920 Flour, standard patents (Minneapolis) May, 1917 Flour, winter straights (Kansas City) May, 1920 Sugar, 96° centrifugal (New York) May, 1920 Sugar, granulated, in barrels (New York) July, 1919 Cottonseed oil, prime summer yellow (New York) Sept., 1920 Beef, fresh carcass good native steers (Chicago) July, 1920 Beef, fresh steer rounds No. 2 (Chicago) Sept., 1919 Pork, loins, fresh (Chicago) Clothing: May 1920 Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) Apr., 1920 Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston) May, 1920 Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York) Worsted yarns: 2/32's crossbred stock, white, in skein (Philadelphia) , Jan., 1920 Oct., 1918 Women's dress goods, storm serge, all-whole, double warp, 50 inches (New York) Suitings, wool, dyed blue, 55-56 inches, 16-ounce, Middlesex (Boston) July, 1920 Silk, raw Japanese, Kansai No. 1 (New York) Jan., 1920 Hides, green salted, packer's, heavy native steers (Chicago) , Aug., 1919 Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) , Aug., 1919 Leather, sole, hemlock, middle, No. 1 (Boston) , Mar., 1917 Leather, chrome calf, dull or bright, " B " grades (Boston) , Nov., .1919 Mar., 1920 Boots and shoes, men's black calf, blucher (Massachusetts) Fuels: Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati) , Sept., 1920 Oct., 1921 Coal, anthracite, chestnut (New York tidewater) Coke, Connellsville (range of prompt and future) furnace—at ovens , Aug., 1920 Mar., 1920 Petroleum, crude, Kansas-Oklahoma—at wells Metals: July, 1917 Pig iron, foundry No. 2, northern (Pittsburgh) Pig iron, bessemer (Pittsburgh) , July, 1917 July, 1917 Steel billets, bessemer (Pittsburgh) Copper ingots, electrolytic, early delivery (New York) , Mar., 1917 June, 1917 Lead, pig, desilverized, for early delivery (New York) Tin, pig, for early delivery (New York) , May, 1918 June, 1915 Zinc, slab, western, early delivery (New York) Building materials and miscellaneous: Lumber, pine, southern, yellow flooring, 1 x 4 , " B " and better (Hattiesburg district; Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington) , Brick, common red, domestic building (New York) Brick, common building, salmon, run of kiln (Chicago) Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district) Steel beams, mill (Pittsburgh) Rubber, Para Island, fine (New York) Sulphuric acid, 66 degrees (New York) Feb., Jan., Feb., Oct., Sept., June, Jan., Feb., 1920 1920 1920 1920 1920 1917 1913 1916 0.0 326 300 706 312 321 344 183 256 239 122 74 193 129 134 108 81 92 120 148 89 197 133 138 134 86 110 145 148 92 190 133 150 150 93 121 167 +3.4 -3.7 0.0 +8.7 +11.9 +8.1 +10.0 +15.2 354 302 331 296 325 451 352 331 304 218 266 319 263 141 121 100 93 127 208 140 122 96 93 112 156 153 140 91 106 101 156 208 141 141 102 118 130 182 148 138 92 105 103 164 208 143 152 103 124 151 187 -3.3 -1.4 +1.1 -0.9 +2.0 +5.1 0.0 +1.4 +7.8 +1.0 +5.1 +16.2 +2.7 328 363 598 526 374 201 211 254 153 153 104 112 118 119 90 108 174 174 107 115 139 112 97 114 171 176 112 121 159 112 101 133 -1.7 +1.1 +4.7 +5.2 +14.4 0.0 +4.1 +16.7 348 478 427 289 292 291 466 283 490 211 473 308 148 168 160 165 145 184 186 90 73 121 173 217 142 163 160 167 145 184 180 87 73 124 173 217 143 173 157 161 145 184 166 76 72 124 158 213 +0.7 +6.1 -1.9 -3.6 0.0 0.0 -7.8 -12.6 —1.4 0.0 -8.7 -1.8 323 201 637 375 171 200 113 241 164 200 125 241 164 200 133 241 0.0 0.0 +6.4 0.0 346 335 388 230 261 224 386 133 126 109 86 107 87 130 125 109 82 107 68 83 131 125 109 81 107 65 86 +0.8 0.0 0.0 -1.2 0.0 -4.4 +3.6 455 407 381 251 195 331 124 250 182 125 232 170 148 99 24 80 189 136 255 170 148 99 20 80 178 125 248 173 148 96 20 80 -5.8 -8.1 -2.7 +1.8 0.0 -3.0 0.0 0.0 77 71 COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS. WITH INDEX OF ALL COMMODITIES AT WHOLESALE. 1916 1917 (U. 8. Department of Labor Index.) 1918 1919 1920 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 1921 1922 J J A S O N D J F M BUSINESS CONDITIONS IN MARCH. The following pages present a review by industries of the more important statistics shown in the detailed tables, with summaries of production, stocks, sales, and prices: COMPARISON OP P R E S E N T PRODUCTION WITH P R E - W A R . (Relative production 1913=-100.) 100 PRODUCTION. INDEX NUMBERS 200 300 WHEAT FLOUR Out of 50 commodities for which figures relative to 1919 are available for the month of March, production increased over February in 43 cases, decreased in 5 cases, while 2 commodities remained the same. This huge increase is partially real and partially due to the increase of about 10 per cent in working time over February. The substantial character of the March production is shown in comparison with a year ago, with 35 increases and only 13 decreases. The principal relative production increases in March over February occurred in the fuels, metals and building equipment groups. Compared with the 1919 average, 26 commodities were produced in greater volume in March, 21 in legs volume, and 3 at the same rate. In other words, March production stood at about the level of the year 1919, with fuels and building equipment showing the highest relative increases. BEEF PRODUCTS PORK PRODUCTS OLEOMARGARINE WOOL (CONSUMPTION) COTTON (CONSUMPTION) ANTHRACITE COAL BITUMINOUS COAL BEEHIVE COKE CRUDE PETROLEUM COMPARISON OP PRESENT PRODUCTION WITH PRE-WAR. RELATIVE PRODUCTION (1913=100). Maxi- Mini- 1920 1921 miTm mum aver- aver- Feb., Mar., Feb., Mar., 1921. 1921. 1922. 1922. in in 1920. 1921. age. age. FOODSTUFFS: Wheat flour1 182 81 308 87 67 64 94 121 111 67 253 104 109 116 78 148 179 123 74 76 118 117 135 85 . . . 109 132 72 Crude petroleum. - . . . . . . 191 78 71 6 121 171 97 116 62 242 181 95 85 17 157 189 118 135 99 138 85 42 54 66 39 62 80 54 105 287 90 134 143 Pork nroducts ..... Oleomargarine' ..... CLOTHING MATERIALS: Wool (consumption) Cotton (consumption) FTJELS: Anthracite coal Beehive coke METALS: 73 88 129 118 91 158 98 176 108 97 76 21 167 198 89 103 20 169 197 115 126 26 202 227 76 62 64 82 75 62 98 45 74 87 54 109 48 82 37 78 70 45 79 112 61 92 75 48 90 327 87 79 318 89 345 71 241 88 84 280 103 72 121 161 109 129 108 113 46 101 186 107 104 122 124 46 135 83 57 62 130 98 42 170 127 88 35 84 259 56 132 148 138 54 137 305 87 164 191 170 9 65 184 408 424 1,371 36 333 617 58 53 14 284 661 13 398 992 34 Zinc 167 38 17 50 68 38 119 349 73 231 114 68 90 186 229 26 24 64 53 157 132 146 56 95 TOBACCO: Northern hardwoods Oak flooring "Baths, fvpaipel .. . . Sinks, enameL TRANSPORTATION VEHICLES: 98 Automobiles passenger... Motor trucks COPPER 101 93 82 101 77 31 178 171 132 BUILDING MATERIALS AND EQUIPMENT: 100 111 144 59 103 155 Cigars 8 Cigarettes* Manufactured tobacco 2 . . . 94 109 110 85 180 Pig iron Steel ingots Gold 73 88 138 74 171 M A X I M U M 1920 MINIMUM 1921 Z Z Z Z 2 FEBRUARY 1922 • • • i MARCH 1922 • 1920 AVERAGE 77 81 96 68 124 130 SINKS. ENAMEL LOCOMOTIVES AUTOMOBILES. fififififififififififififififififififififififififiiH 1 Relative to 1914. * As represented by tax-paid withdrawals. (7) COURSE OF PRODUCTION SINCE 1919. COURSE OF PRODUCTION SINCE 1919. INDEX NUMBERS too goo WHEAT FLOUR BEEF PRODUCTS PORK PRODUCTS SUGAR (MELTINGS) OLEOMARGARINE COTTONSEED OIL CONDENSED MILK RELATIVE PRODUCTION (1919=100). Maxi- Mini-i mum aum 1920 1921 since ince aver- aver- Feb., Mar., Feb., Mar., end of end of age. age. 1921. 1921. 1922. 1922. 1919. 1919. FOODSTUFFS: Wheat flour Beef products. Pork products Lamb and mutton Sugar (meltings) Oleomargarine * Cottonseed oil Condensed milk Butter Cheese Ice cream COTTON (CONSUMPTION) WOOL (CONSUMPTION) SOLE LEATHER ANTHRACITE COAL BITUMfNOUS COAL BEEHIVE COKE BY-PRODUCT COKE CRUDE PETROLEUM GASOLINE ELECTRIC POWER 64 67 114 89 80 70 247 34 76 49 44 82 83 92 102 133 73 229 58 91 68 71 88 75 102 70 128 42 140 165 52 110 79 95 79 76 64 63 84 83 72 91 HI 78 100 124 78 101 121 110 122 117 123 99 116 124 113 99 89 30 79 124 130 83 127 104 105 105 81 55 90 112 118 84 115 103 101 79 36 85 130 127 87 119 103 105 92 107 35 86 130 121 86 120 98 107 119 131 46 102 149 132 140 83 126 129 181 119 121 94 105 100 88 54 59 37 47 95 113 76 74 71 46 116 63 66 83 41 129 100 64 74 35 59 82 94 128 116 119 112 84 94 96 96 91 95 101 100 76 71 92 90 92 108 113 121 153 94 121 98 99 67 88 20 63 101 57 38 71 I 149 113 53 153 204 156 118 111 161 120 202 121 122 102 86 105 91 106 78 109 79 60 88 57 123 11 92 57 68 117 57 55 12 120 147 52 84 19 90 108 49 72 44 171 15 135 107 49 118 67 202 114 132 143 138 129 142 110 121 109 117 104 104 89 86 87 79 65 89 90 76 98 78 42 53 94 83 118 74 49 75 85 101 82 90 86 100 103 119 119 106 100 116 130 127 121 157 124 106 120 100 125 104 40 63 100 122 69 66 81 34 65 87 63 83 41 101 68 i 47 68 51 64 81 65 84 93 100 199 170 118 149 112 110 72 120 127 122 70 71 136 96 36 78 129 128 58 152 154 135 65 189 199 166 112 114 102 89 67 93 46 50 30 72 42 79 49 20 11 111 74 17 2 125 109 151 110 165 126 349 121 177 64 67 58 58 40 26 7 20 64 41 42 82 92 93 80 104 103 100 76 99 111 DO oo 153 114 126 95 57 42 63 109 83 82 119 137 127 63 74 11 62 104 98 71 93 CLOTHING: Cotton (consumption) Wool (consumption) Sole leather FUELS: Anthracite coal Bituminous coal Beehive coke By-product coke Crude petroleum Gasoline Kerosene Gas and fuel oil Lubricating oil Electric power PIG IRON STEEL INGOTS COPPER ZINC CIGARS CIGARETTES MANUFACTURED TOBACCO 149 141 110 136 135 119 91 83 97 94 92 60 166 71 118 METALS: Pig iron Steelingots Copper Zinc Silver Gold YELLOW PINE WESTERN PINE NORTH CAROLINA PINE DOUGLAS FIR CALIFORNIA REDWOOD MICHIGAN HARDWOOD OAK FLOORING TOBACCO: Cigars* Cigarettes* Manufactured tobacco 2 ... LUMBER: Yellow pine Western pine North Carolina pine California white and sugar pine California redwood D ouglas fir Michigan hardwood Northern hardwoods Hemlock O ak flooring NEWSPRINT ALL OTHER PAPER MECHANICAL WOOD PULP CHEMICAL WOOD PULP SILICA BRICK riRE-CLAY BRICK FACE BRICK CEMENT GLASS BOTTLES PAPER: Newsprint All other paper Mechanical wood pulp Chemical wood pulp 3 Corrugated paper board3 . Solid nber paper board .. BATHS. ENAMEL LAVATORIES. ENAMEL SINKS. ENAMEL BUILDINGS (CONTRACTED) STONE, CLAY, AND SAND PRODUCTS: Silica brick Clay firebrick Face brick Cement Glass bottles AUTOMOBILES PASSENGER MOTOR TRUCKS LOCOMOTIVES SHIPS BUILDING EQUIPMENT: Baths, enamel Lavatories, enamel Sinks, enamel Buildings (contracted for) TRANSPORTATION VEHICLES: Automobiles, passenger. Motor trucks Locomotives Ships ^MAXIMUM SINCE END OF 1919 WWWm LATEST MONTH FEB. OR MARCH 1922 QZQMINIMUM SINCE END OF 1919 1 PRODUCTION OF LATEST MONTH SAME AS MAXIMUM SINCE 1919 2 PRODUCTION OF LATEST MONTH SAME AS MINIMUM SINCE 1919 3 MAXIMUM AND MINIMUM SINCE JULY 1.1921 4 PRODUCTION OF LATEST MONTH SAME AS MAXIMUM SINCE 1921 Only 14 out of 50 commodities were below the 1921 average in March, while 28 were below the 1920 average. The decrease from 1920 occurred chiefly in metals, clay products, and transportation vehicles. In comparison with the 1913 average, 21 commodities have increased and 10 have decreased, 5 of the decreases occurring among the metals. 1121 152 135 79 132 13 117 100 58 1 Since July 1,1921. As represented by tax-paid withdrawals. 3 Relative to last 6*months of 1919. 3 March production established new high records since the end of 1919 in sugar, anthracite coal, crude petroleum, yellow pine and North Carolina pine lumber, oak flooring and enamel baths and lavatories. On the other hand, March made a new low record in ship construction at only 2 per cent of the 1919 average. STOCKS. Movement of commodity stocks during March showed little change from February. There were 14 decreases, 15 increases, and 2 without change. The food commodities had a smaller decrease than in February—7 decreases, 4 increases, and 2 unchanged, as against 9 decreases and 3 increases during February. Among the other commodities there were 12 increases and only 5 decreases—about the same as in February. Business concerns are apparently replenishing their stocks, confident that prices will not go much lower and that demand will increase beyond the hand-tomouth basis prevailing for some time past. Corn and petroleum stocks again climbed to new high levels, while tin stocks more than doubled during the month. Compared with a year ago, stocks in March still showed the same proportion as in February—10 increases as against 20 decreases, not including tobacco, which is reported only quarterly. The food group showed 4 increases and 9 decreases and other commodities 6 increases and 11 decreases. Outside of the food commodities, only 4 articles were below the 1919 average stocks, while coffee and flaxseed alone were below the 1913 average. COURSE OF COMMODITY STOCKS SINCE 1919. INDEX NUMBERS 400 900 STOCKS OF COMMODITIES COMPARED WITH PRE-WAR. RELATIVE STOCKS (1913=100). 1921 1920 average. average. Wheat (visible) Corn (visible) Coffee Cotton (total) Crude petroleum 8 Pig iron (merchant) Zinc Tin Oak flooring Cement 1 Tobacco Flaxseed Maximum since 1919. COTTONSEED OIL 9 SINCE 1919. Minimum 1920 1921 Feb., Mar., Feb., Mar., since aver- aver- 1921. 1921. 1922. 1922. 1919. age. age. 25 38 31 44 23 28 108 12 35 (*) 101 12 65 70 97 183 110 127 89 174 89 99 82 146 181 159 44 85 324 157 171 93 622 81 79 101 145 162 159 61 31 58 67 107 105 34 458 705 172 181 120 117 274 282 91 48 146 718 1,024 1,300 34 41 37 39 45 (*) 1 52 176 164 125 127 178 210 197 204 239 136 106 61 83 95 88 111 134 130 114 105 189 173 153 173 162 101 61 109 75 81 104 98 126 89 85 143 134 134 151 143 119 144 143 129 125 126 151 149 130 138 190 173 111 171 161 200 146 247 528 39 72 130 60 108 332 132 212 232 136 208 349 143 219 342 114 171 139 112 161 304 143 277 115 181 272 301 95 127 161 103 140 170 50 31 53 129 234 107 153 193 179 78 89 137 276 98 173 217 280 59 122 102 59 81 107 102 29 21 34 78 137 277 108 155 228 301 84 86 128 200 88 170 269 135 73 103 129 195 88 176 263 167 90 122 175 122 143 138 71 65 55 64 97 74 78 63 125 112 108 99 164 109 101 113 175 119 118 113 116 115 82 99 118 122 90 106 132 1,578 92 29 124 Beef products. Pork products . . . . . . 129 T^amb ftn^ prmtton 928 Sugar (raw) 287 321 Cottonseed oil 184 Wheat (visible) 1,482 Corn (visible) 174 Butter Cheese 156 Eggs 186 Coffee 177 391 Apples 360 Rice (domestic) Crude petroleum Gasoline Kerosene. Gas and fuel oil . SUGAR < RAW) 76 321 126 FOODSTUFFS: W o o l Cr»OTTiTnprf»ial^ FUELS: LAMB AND MUTTON 72 158 RELATIVE STOCKS (1919=100 Cotton (total) PORK PRODUCTS 194 607 6S 171 210 71 148 167 312 123 145 ft 210 533 77 188 198 * Relative to 1914. OF COMMODITIES CLOTHING MATERIALS: BEEP PRODUCTS Mar., 1922. Feb., 1922. 69 420 108 212 132 90 202 188 444 107 147 92 95 i Relative to stocks at end of 1913. STOCKS 1921. 130 294 100 220 125 86 192 192 443 102 134 255 89 183 150 84 195 127 375 91 131 74 127 71 89 155 109 . 38 99 183 258 80 114 33 Mar., Feb., 1921. .... WHEAT (VISIBLE) 29 74 34 287 100 135 1,482 14 39 23 103 111 190 METALS: CORN (VISIBLE) Pi? iron fmprrhftTit^ Zinc Tin BUTTER CHEESE CONSTRUCTION MATERIAL: EGGS Yellow pine Oak" flooring Silica brick Face brick Cement 1 Baths (enamel) Lavatories (enamel) Sinks (enamel) COFFEE APPLES COTTON (TOTAL) WOOL (COMMERCIAL) CRUDE PETROLEUM PAPER: Newsprint All other paper Mechanical wood pulp Chemical wood pulp GASOLINE ZINC TIN OTHER AGRICULTURAL DUCE: Tobacco (total) Flaxseed YELLOW PINE' OAK FLOORING PRO- 132 102 117 550 1,242 i*578" 1,534 "*i49* 129 96 SILICA BRICK i Relative to stocks at end of 1919. FACE BRICK * Index number less than 1. CEMENT PRICES. BATHS(ENAMEL) LAVATORIES (ENAMEL) SINKS NEWSPRINT ALL OTHER PAPER MECHANICAL WOOD PULP CHEMICAL WOOD PULP TOBACCO (TOTAL) | M A X I M U M SINCE 1919 I LATEST MONTH FEB. OR MARCH 1922 QB5539 M I N I M U M SINCE 1919 * M A X I M U M SINCE 1919 SAME AS LATEST MONTH Prices to the farmer for crops and for live stock continued to rise, especially the latter. Wholesale prices rose slightly, due to the rise in the wholesale prices of crops and animal products. Clothing and metals declined slightly. The Federal Reserve Board index for foreign comparison rose on account of the rise in the price of exported goods, but Dun's and Bradstreet's indices declined. 10 Ketail prices continued to decline in March, all groups showing the same trend, with a total decrease of 2 per cent in the cost of living. The retail prices of food and shelter declined the most. Wholesale prices in England, France, and India rose slightly in March, ending the declines that had been practically continuous since the slight rise last September. In Canada and Japan prices continued to decline. Taking the individual wholesale prices as reported in the table and diagram on pages 4 and 5, the marked rise in live stock to producers is evident, while among the crops there were two increases, one decrease, and two unchanged. The market price of farm products showed increases in all commodities except wheat and oats, which declined, and tobacco which remained unchanged. In the food group increases were also general. The clothing group, on the other hand, reflected declines in all branches, except cotton yarns and print cloth, which advanced, and woolen goods, which were unchanged; the chief declines were in hides and leather. An increase in coke was the only change in the fuel group, while metals were irregular in a narrow range. Declines in lumber featured the building group. SALES. The following table on sales of various commodities has been prepared to give a closer aspect of business needs—actual sales as against production, which may represent orders booked some months before. The sales statistics for commodities also give an indication of future production. The separate commodities covered in this table are few and in most cases relatively unimportant, as the sales can only be reported where trade associations supply the data; but the figures may be found to be of some interest. In addition to the orders of separate commodities booked by manufacturers (included in the first group in the table), the distributive movement of goods as a whole is shown through various channels to the consumer. There has also been shown the actual sales of services, such as transportation, communication, and advertising, in which sale and use run practically together, and also the sale of investment and speculative securities. Some of the items, marked by an asterisk (*), are relatives based on values instead of quantities, and therefore generally dependent on fluctuations in the purchasing power of the dollar, i. e., the level of prices, as well as the fluctuations of sales of physical goods. Therefore, a decline during the past year does not necessarily represent a decline in the physical amount of sales. A rough corrected figure, eliminating the price variation, might be obtained by dividing each item in such series by the wholesale or retail price index number, whichever most nearly corresponds with the class of business done. In a few items expressed in value no correction is necessary for comparison, because there has been little or no change in the price for the goods or services—for instance, postal, telegraph, and telephone receipts. Bond sales on the New York Stock Exchange are really not based on value, because sales of bonds are not reported in their value at the time of sale, but on their par value; therefore, bond sales represent physical quantities. On the other hand, new issues of municipal bonds, unless for refunding purposes, reflect the price level, as the work for which they are issued requires a larger bond issue when prices are high. February sales increased in March for all the individual commodities reported except sanitary pottery, which remained the same as in February, and clay fire brick, which declined. Distribution movement increased considerably and the services so far reported for March also show the same trend. Securities sales also increased. Compared with a year ago, all March sales for individual commodities increased at an enormous ratio, in most cases doubling the March, 1921, figures. Distribution sales at retail, however, showed a decline, due largely to the decrease in prices between the two dates; wholesale orders increased. March postal receipts and advertising services increased over a year ago. Sales of securities were also very much larger. COMPARISON OP SALES IN DIFFERENT LINES OF BUSINESS. RELATIVE SALES (1919 = 100) Maxi- Minimum mum 1920 1921 Feb., Mar., Feb., Mar., since since aver- aver- 1921. 1921. 1922. 1922. end of end of age. age. 1919. 1919. INDIVIDUAL COMMODITIES: 2 Pig iron (merchant) 351 Structural steel 178 115 Baths, enamel 130 Lavatories, enamel 110 Sinks, enamel 124 Sanitary pottery 234 Oak flooring 142 Redwood lumber 174 Clayfirebrick 129 Leather belting . Abrasive paper and cloth, 148 E lastic webbing 129 147 Paper 168 Printing* . 143 Optical goods* 14 27 12 27 25 7 23 21 33 35 40 25 71 106 47 97 101 53 73 65 34 54 77 120 98 111 87 127 148 114 34 66 59 77 73 43 119 74 45 42 65 81 89 121 73 18 27 30 65 50 21 45 45 40 40 46 59 75 130 76 23 54 42 73 68 32 108 85 33 43 58 74 79 130 82 59 82 70 93 81 52 136 97 70 42 84 83 109 122 78 118 145 91 130 108 52 199 121 61 107 136 242 62 50 82 99 102 118 87 71 124 86 65 93 84 92 121 90 61 101 95 80 119 145 154 125 95 114 98 113 123 120 113 147 106 104 131 98 124 145 112 111 150 91 132 135 162 84 91 109 122 98 110 90 96 99 108 75 93 144 129 58 85 122 114 78 103 88 89 89 109 80 90 91 111 Stocks 110 178 Bonds Muncipal bonds (new)*... 359 122 Life insurance... 35 67 63 87 72 105 118 120 55 94 179 102 39 71 114 96 61 72 167 115 62 100 133 103 87 136 186 122 DISTRIBUTION MOVEMENT: 1 Wholesalers Mail-order houses*. Chain stores* SERVICES: Postal receipts* Telephone receipts*. . Telegraph tolls Railroad revenue— Passenger* . . . . Freight* ADVERTISING: Magazine Newspaper .... SECURITIES: * Items based on value. 1 Relative proportion of orders to total transactions. 2 Relative to 1914. 106 TEXTILES. Keceipts of wool at Boston increased considerably in March, owing to the seasonal increase in receipts of foreign wool; domestic receipts declined. Total imports of wool also showed the increased foreign wool movement. Consumption of wool was 12 per cent greater than in February and the largest since January, 1920. Worsted machinery showed a decrease of about 15 per cent in activity from the previous month, but woolen machinery and carpet looms were about 5 per cent more active than in February. Prices of wool increased, yarns declined, and dress goods and suitings remained unchanged. CONSUMPTION BY MILLS AND IMPORTS OF WOOL. 1 90 +• i 70 \ £ \ \ |i 1 | 1 11 \ —». LJL_ J I f \ » % V y —\ / \ 1 /1 / V \ 1 '1 1 A /7 y A l \ "1/ / / Y J |/ 30 L S r " K 1 t! 40 2 SO \ \ 1 80 i AVERAGE | m I 1921 OCT. MONTHLY SEPT. OCT. NOV. 1913 1914 1915 1916 1917 1918 1919 1920 192 MAY § JUNE 8 JULY 10 iu 2 192 Cotton consumption in March was about the same as in January, and also about equal to the daily average for February. Stocks of cotton continued to decline in a seasonal movement. Imports increased slightly and exports finally recovered from their slump with a gain of 36 per cent over February, while exports of cotton cloth gained almost 50 per cent. Although a less number of spindles were active than in February, the total activity of spindles increased 9 per cent. Slight advances in price took place all along the line in cottons, except sheetings, which declined. Knit underwear production continued to increase and shipments also gained. New orders declined and a reduction took place in the outstanding unfilled orders at the end of March. Silk imports continued to decline, but consumption increased, resulting in another fall in stocks. The price of raw silk declined 8 per cent. Imports of burlap and of unmanufactured fibers showed large increases over February. METALS. The iron aiid steel trade made a big forward movement in March, with increases of 25 and 36 per cent, respectively, in the production of pig iron and steel ingots. Sales of merchant pig iron doubled, and production, shipments, and unfilled orders of merchant iron made considerable gains. Stocks in merchant furnaces declined but steel plants increased their holdings of pig iron. Exports of iron and steel products were 55 per cent larger than in February, and imports also increased. Unfilled orders of the United States Steel Corporation made a positive increase after declining regularly since July, 1920. Foundry-iron production in Ohio continued to increase. Price changes in iron and steel were almost negligible except a drop of 10 cents per 100 pounds in structural steel beams. PRODUCTION OF PIG IRON AND STEEL INGOTS, AND U. S. STEEL CORPORATION'S UNFILLED ORDERS. EXPORTS AND CONSUMPTION or COTTON. M O N T H L Y AVERAGE M O N T H L Y AVERAGE 1922 1920 1921 1922 Production and shipments of sheets increased 22 per cent each, while sales were 135 per cent larger than in February, and unfilled orders almost doubled. Unsold stocks declined. The steel barrel report for March showed good increases in production, shipments, and unfilled orders. Structural steel sales rose 77 per cent in March. Shipments of locomotives from factories declined slightly. 12 AGRICULTURAL PUMPS. 1922 14,725 11,601 11,336 2i5 628 $163,691 \ \ V\ \ 1 1 \ 12,165 13,587 10,666 193 939 $183,181 V / 1 \l V 8 MILLION \ J I" 16 10 11 FEB. MAR, JUNE JULY AUO. SEPT. OCT. FEB. AVERAGE DEC. MONTHLY OCT. o 1913 J9I4 1915 1916 1917 1918 1919 1920 192 jANr FEB. MAR. APR. MAY JUNE 6 PRODUCTION OF ANTHRACITE COAL. 1 | A A 8 A? l\ l\A A A\ A1 \ . Vy FOREIGN SHIPMENTS. February. I h M // 1 I \ II h 1922 March. \ \ \ A /£ 7 /\ . \ V/ March. 80 187 260 21 $1,374 51 511 1,022 50 5 $7,430 1 Single cylinder double acting pumps, up to and including 6-inch stroke. 2 Including complete units and pumps shipped separately. FUEL AND POWER. In anticipation of the coal strike, the production of coal and coke rose to the highest marks reached in over a year, anthracite showing a larger production than in any previous month since 1919. Electricpower production was about the same as in January and December but larger than in February. The amount of anthracite coal held by producers continued to decline, but was almost 150 per cent larger than a year ago. Exports of both anthracite and bituminous coal increased, while coke exports declined. Coal prices were virtually unchanged, both wholesale and retail, while coke was slightly higher. Production and consumption of petroleum increased in March to new high records, imports were the highest on record with one exception, and stocks rose to the highest point since the war. Exports of gasoline rose to the highest point since January, 1921. The report of refined petroleum products for February showed a decline in production in each case but an increase in stocks of each product. Gasoline consumption declined in Febraury. \ \ | ! 2 ii 1 1913 1914 1916 1916 1917 1913 1919 1920 192K ^ M O N T H L Y AVERAGE: %Z !i JUNE JULY AUG. SEPT. OCT. Pitcher pumps Other hand and windmill pumps. Separate cylinders Agricultural power pumps i Hydro-pneumatic outfits 2 ! Totalvalue | \ \ 1 I li is(til \i § February. y 45 ,1 V 60 m OCT. NOV. DOMESTIC SHIPMENTS. PRODUCTION OF BITUMINOUS COAL. 8 Copper production rose 65 per cent in March to the highest point since April, 1921, and exports increased 53 per cent, reaching a mark not surpassed since May, 1920. A slight decline took place in the price of electrolytic copper. Zinc production rose 18 per cent, attaining the highest point since December, 1920, while stocks, continuing their decline, reached the lowest point since October, 1920. Receipts at St. Louis increased, but shipments from St. Louis continued to decline. A slight increase occurred in the price of zinc. Imports of tin increased 70 per cent and resulted in an increase of 120 per cent in stocks during March. The price of tin declined slightly. Lead receipts at St. Louis showed a marked increase in March, while shipments made a slight gain. No change occurred in the price of lead. The following figures on the shipments of agricultural pumps are furnished by the National Association of Farm Equipment Manufacturers from data compiled by the Federal Reserve Bank of Chicago. The figures are based on reports from 15 firms, except for the item of " Total value/' on which only 14 firms reported. 1921 1922 PRODUCTION, CONSUMPTION, IMPORTS, AND STOCKS OF PETROLEUM. 7 KM) I f 80 /' j I 140 ?~ I \ / 1 6ti/» "- * 8Q -s40 20 TJOH- co; jJSUMS - — , ^ . ^5oo - CTION " ' 1 ***** IMPORTS —I— 1913 1914 1916 1916 1917 1918 1919 1920 MONTHLY AVERAGE 11s "TttT'" l92 ..*... ' z - „ , (£,£>-£>] d £ H > o 4Ss<S? ? < IBOZO 1920 S2<sli<»SzoiSa 1921 1922 13 AUTOMOBILES. HIDES AND LEATHER. Production of passenger automobiles increased 40 per cent in March over the preceding month, while the output of trucks was 50 per cent greater. Truck production amounted to 19,422 machines. This is the largest output recorded in any of the nine months for which figures are available. The passenger car output amounted to 152,920 cars in March, which is by far the largest for any month since last August. Reports of shipments showed increases over February corresponding to the increase in production. RUBBER. Imports of rubber declined slightly in March, but consumption by tire manufacturers was the largest reported since the inauguration of these statistics in November, 1920, except for August, 1921. The price of rubber declined slightly. Production of both pneumatic and solid tires for March was second only to August, 1921, while innertube production was exceeded by only three previous months. Shipments of all kinds of tires were large, but not as numerous as during the summer months of 1921. Stocks of inner tubes increased to the highest mark recorded, while pneumatic stocks were the largest since February, 1921. Stocks of solid tires decreased slightly. The following table has been prepared from data compiled by the Rubber Association of America, showing rubber consumption for the year 1921 by half-year periods. Over half of the rubber consumed during the year went into pneumatic casings, with a total of 197,244,011 pounds, while automobile tubes accounted for 55,930,802 pounds and solid automobile tires used up 19,706,505 pounds. The chief consumption in other lines was in rubber boots and shoes, with 24,747,242 pounds, and in mechanical rubber goods, with 21,778,150 pounds. Imports of total hides and skins in March amounted to 30,344,000 pounds, compared with 35,390,000 pounds in February. However, imports were 50 per cent greater than at this time last year. Stocks of hides at the end of March amounted to 350,350,000 pounds and were the lowest for any months in the last year and a half for which reports are available. Decrease occurred in cattle hides and sheepskins. The price of heavy packer hides showed a sharp decline, compared with recent months. Calfskins showed only a slight drop in price. STOCKS OP CATTLE H I D E S (PACKER) AND PRODUCTION AND STOCKS OF LEATHER (SOLE AND BELTING). 400 I— rz tz tz JZ 350 II t t it it jr 300 it it it 250 ^ / 1/ 1 200 \ * 100 50 Total, 1921. Stocks on hand beginning period Imports Pounds. •134,021,774 161,956,907 Pounds. 164,008,320 255,316,397 Pounds. +134,021,774 417,273,304 Total supply.... Stocks, end of period.. *295,977,681 164,008,320 419,324,717 212,284,800 551,295,078 212,284,800 103,889,941 176,364,704 280,254,645 28,079,420 37,255,994 65,335,414 131,969,361 213,620,698 345,590,059 Reported consumption: By manufacturers of tires and tire products By manufacturers of other rubber products Total.. •Calculated by adding figures on reported consumption for first half-year to 3tocks on July 1 and deducting imports to get stocks on January 1. This same method applied to the second half-year made a discrepancy of only 6,600,000 pounds; the consumption calculated from import and stock figures amounting to 207,039,917 pounds, as against a reported consumption of 213,620,698 pounds. SOLE-LEATHER PRODUCTION 1- —I 1 p-J f--f- _- w > ) I \: 920 Second half-year. roc KS — *•««•• u First half-year. 'H£* 150 fc u CRUDE R U B B E R SITUATION FOR 1921. £3 T l i U c : cc t u > u 2 < l T >I I >1 1 I I ; " z : si u ° \ E ^ =i <, is C 1921 i \i ? a • ) > C U : c 2 : <t > CD UJ LL 1 922 Leather production for March, from trade sources, showed a marked increase in the output of oak and union harness leather. The total of 78,100 stuffed sides was the largest reported since the fall of 1920. There was a slight decline in the production of sole leather, but an increase in skivers. Figures compiled by the Bureau of the Census show that stocks of leather at the end of March were the largest for any recent month, although sole and belting declined slightly. The production in March increased, reaching in the case of upper leather the highest point recorded in these monthly figures. 14 Exports of finished leather showed a marked increase in March. The total for upper leather amounted to 8,078,000 square feet and was the largest since May, 1920. Prices of sole leather remained unchanged in March, but chrome calf declined nearly 9 per cent. The March production of boots and shoes totaled 29,686,011 pairs, compared to 24,900,185 pairs in February. The following table gives the total boot and shoe production by months since last November, when the Bureau of the Census undertook to compile them. The 1919 monthly average is also given for comparison. BOOT AND SHOE PRODUCTION. Pairs. 27,549,497 191&-Monthly average November December 1921. 23,592,610 24,241,773 January February March 1922. Pairs. 25,173,437 24,900,185 29,686,011 BUILDING OPERATIONS. Building contracts awarded in the 27 northeastern states in March totaled $293,673,000, compared to $177,473,000 in February and $164,092,000 in March of last year. The total floor space in all buildings awarded in March, exclusive of public works and public utilities, amounted tc 51,957,000 square feet. This latter record has been exceeded only once within the last two years. VOLUME OP BUILDING CONTRACTS AWARDED, BY CLASSES. MILLIONS OF SQUARE FEET 1919 MONTHLY AVERAGE 1920 M O N T H L Y AVERAGE _ MAY 2 JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY §} FEBRUARY "~ MARCH The chief increases occurred in residential building, with a total floor space of 30,348,000 square feet, or 84 per cent greater than March. Industrial buildings increased 72 per cent in floor space and 126 per cent in value, compared to February. Contracts awarded for public buildings, educational buildings, business buildings, social and recreational buildings, all increased in both floor space and in value, compared with the preceding month and the same month last year. The accompanying diagram on the volume of contracts awarded shows the large increase in residential building and the decline in business and industrial building, compared to the early part of 1920. BUILDING MATERIALS. In general, the March production and shipments of all building materials were larger in volume than for recent months and much larger than a year ago. Southern pine production increased nearly 15 per cent over February. Western pine production increased 41 per cent. North Carolina pine output rose about 3 per cent and oak flooring increased 18 per cent. Douglas fir and Michigan hardwoods remained practically stationary. Prices of both Southern pine and Douglas fir declined at the important producing centers. Stocks, where reported, remained about stationary. Production of clay fire brick increased 23 per cent in March and slightly exceeded the output of March last year. Shipments increased in about the same proportion, while stocks were nearly stationary. New orders received were slightly less than in February, but the total unfilled orders were larger. Silica brick showed about the same conditions as clay fire brick, except that shipments made a smaller relative increase. The March production of face brick increased 84 per cent over February and compares very favorably with the output in any month of last year. Shipments and unfilled orders both showed large increases, while stocks were slightly greater, compared either with February or with March of last year. Cement production amounted to 6,685,000 barrels, or 56 per cent greater than in February. Shipments amounted to 7,002,000 barrels, and were more than double the corresponding movement in any of the three preceding months. Stocks showed a slight decrease in March but are still larger than for any month of 1921. Shipments, stocks, and new orders for enamel sanitary ware all increased in March, compared with February. Actual shipments of baths and lavatories were from 60 to 140 per cent greater than a year ago. With the exception of sinks, stocks were considerably smaller than a year ago. 15 INSPECTED SLAUGHTER, CONSUMPTION, AND COLD-STORAGE HOLDINGS OF BEEF PRODUCTS. \ \ / A? §260 \ M \ 'A SLA A \ AI Mj UGH TER \/ V w % \ y \ _ v */ / \ j \ 100 — \ j * \ \ ID il AUG. SEPT. OCT. mm " 1913 1914 1915 1916 1917 1918 1919 1920 I92I Z ^ ff a MONTHLY AVERAGE % iU I < FEB. MAR. APR. 60 a 922 1920 INSPECTED SLAUGHTER, CONSUMPTION, EXPORTS, AND COLDSTORAGE HOLDINGS OF PORK PRODUCTS. J I.IGO k \ \ 1.000 8 / / 900 / / of & 400 \ A \ i- 200 100 1 \ \m\r< V MONTHLY AVERAGE f\ V -1 1913 1914 1916 1916 1917 1918 19 9 1920 1921 1 -1— / \r J\Hi i i y FEB. 300 1 M !i "*- \\ S/ § JUNE 600 1 / A i_ \I \f * \ 1_\ VI AUG. SEPT. OCT. 2 ZJ T 1 \i ' / #- '1 ii, DEC. OF POUNDS ft/ \ \ / FEB. MAR. APR. Of - Increases of good size were shown both over February, 1922, and March, 1921, in the March figures of receipts, shipments, and slaughter of cattle. Exports of beef products were over 40 per cent ahead of both the previous month and a year ago, while storage holdings continued to decline and were only half as large as in March, 1921. A decline in inspected slaughter occurred in February and consumption of beef was also less than January; both slaughter and consumption were greater than in February, 1921, however. Prices of cattle and beef advanced slightly. Receipts and total shipments of hogs declined in March but stocker and feeder shipments were 19 per cent greater than in February. Slaughter declined slightly. Exports declined but storage holdings continued to increase. Inspected slaughter and consumption both declined in February; compared with a J u \ O " «/ A r \ / I 160 MEATS. y / £ 400 CEREALS. Receipts of wheat declined in March but shipments increased. The visible supply again made a seasonal decline, but was three times as large as a year ago. Exports were 30 per cent larger than in February but slightly smaller than in December and January and considerably less than a year ago. Production of wheat flour continued to rise slightly. The price of wheat declined slightly and flour was irregular. Corn movement was very much less than the large movement in February but the visible supply continued to increase to a new high record. Exports also reached a new top mark. The price of corn advanced fractionally. Large increases occurred in the export movement of oats and barley, while rye declined. Prices of oats were less than in February but increases were made in barley and rye. Car loadings of all grain and grain products declined 20 per cent from February, but were larger than a year ago. Exports of grains increased 18 per cent and were larger than any month since last September. p\ 460 APR. MAY Exports of vegetable oils increased slightly in March, but were far below a year ago. Imports, however, were very heavy, the largest since April, 1920. Consumption of oleomargarine was larger than in February, but less than any other month since last July. Stocks of cotton seed continued to decline sharply and were about one-third as large as a year ago. Production and stocks of cottonseed oil declined seasonally and were very much less than a year ago. The price of cottonseed oil advanced 14 per cent over February. Flaxseed receipts increased. Stocks declined heavily and shipments of linseed oil rose slightly. Shipments of linseed oil cake declined 40 per cent from February. year ago, slaughter was less but consumption considerably larger. Prices of hogs increased 4 per cent and pork rose 17 per cent in March. MIL FATS AND OILS. 921 1922 OTHER FOODSTUFFS. For lamb, receipts and total shipments increased slightly but stocker and feeder shipments made a decline of 15 per cent from February. Slaughter showed a slight increase and cold-storage holdings were about the same. Inspected slaughter for February was less than in January and also less than a year ago. Prices of ewes increased 16 per cent and lambs increased 3 per cent. Exports of condensed milk increased 25 per cent over February, and receipts of all dairy products showed large increases, especially eggs. Cold-storage holdings of butter and cheese made a seasonal decline, 16 while eggs started their seasonal accumulation. Prices of butter and cheese declined slightly. Imports of sugar continued to increase but the domestic cane-crop receipts almost came to an end. Meltings at refineries increased 29 per cent and still the stocks of raw sugar climbed 67 per cent over the end of February. Exports of refined sugar increased 80 per cent over February and made a new high record since the end of 1919. Prices of sugar rose slightly. RELATIVE PRODUCTION OF CIGARS, CIGARETTES, AND MANUFACTURED TOBACCO. (Average monthly production in 1913=100.) / \ \ -' \l s \ /£• i .1 ! \ I J _ L •£ . _ • - J IMPORTS, MELTINGS, AND STOCKS OF RAW SUGAR. y ACCC •» — . JARS "itf i 550 i / |\|:I I 350 OJ 2| 1 1I z O 300 1 / O 001 i to LL /fill J1 > CO Q 250 i z < CO 3 § 200 150 too f I 1\ ( 1 A. "1 \/ I _H T 1 if i j] ff I II i_ .1 \[ \\\ 11 1 I / 1 I •j i'B if, j\ / « J 11 / 1 1 [• V | I j 1 \ \ H} / \ > 1 I 1921 1922 Tonnage of vessels entering and clearing from United States ports in foreign trade increased 15 and 21 per cent, respectively, exceeding both January and February. The number of vessels under construction at last showed an increase, but the number of vessels completed declined to the lowest point since the war. ENTRANCES AND CLEARANCES OF VESSELS IN U. S. FOREIGN TRADE, AND SHIPS UNDER CONSTRUCTION. ll f 7 t H\ 1 1 6 ^° ^^ O V 7 // '/ \ \ V > \ / w f 8 u HI 1920 1 1921 ^^ 1922 Coffee imports declined 10 per cent in March. Stocks, both United States and world, also showed a decrease, as did receipts in Brazil. Clearances from Brazil increased, however. Tea imports increased after two months of marked declines. TOBACCO. All classes of manufactured tobacco gained in production of about 17 per cent over February, while exports of unmanufactured tobacco increased 29 per cent. Stocks increased 14 per cent over the previous quarter and were slightly smaller than a year ago. The price of tobacco continued to remain stable. ..] WATER TRANSPORTATION. 60 1919 1920 I92lZDdjf MONTHLY ^ a l AVERAGE o 1920 TONS r ll 400 f 1 1 A _ 450 ? I 1913 1914 1916 1918 1917 1918 I919L 1920 I921- O MONTHLY AVERAGE <£ 500 v . 1913 1914 1915 1916 1917 1918 1919 IS!20 1921 MONTHLY AVERAGE - - R C *8 \ 'OH ; to T!1 i iii!ii !ii it it! illU 1 I ii! 1: S !! " • " j it Li 2 RAILROAD TRANSPORTATION. Surplus of idle cars continued to be reduced in March, declining over 15 per cent during the month and standing at less than half the December figure. The chief decline was in coal cars on account of the demand for coal before the strike occurred. Shortage of cars reported decreased slightly. The number of bad order cars also showed a slight decrease after several months of increase. Car loadings continued to gain and were the largest since last October. 17 SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL LOADINGS OP FREIGHT CARS. 1.000 1 | 1'' j \ to' \ 960 i / i a so \ V \ 800 I \ I I r •* 1 T i T/ \ 750 r,kr TO O t t i 880 Wisconsin employment was the largest since February, 1921, while New York employment figures for March was not exceeded since December, 1920. Pay roll total increased more than the number employed as regards New York State, but declined in Wisconsin. Unemployment in Pennsylvania continued to diminish. Immigration showed a further fall as the quotas for the fiscal year ending June 30 approach their limit. Emigration was also very much less than in February. » 600 0 RELATIVE TREND OF EMPLOYMENT, 560 1 ° 0 BY DISTRICTS. / ISO I / / \l V i\ \ » 450 j£ 400 \ ^ ; 360 1 / 800 c / I/Ill \ • \ \ ir ^ 160 / 100 \ \ / 60 $ n 1917 I»I8 * 7 rv \ 1919 MONTH LY * / \ 1920 1921 AVERAGE /I / / vi M ii \ I \ NEW ENGLAND V 1 \ \ 11 i \ \ s \ \| DRTAQE 1M ii i: : E 1 \ 1 fl \ \ \ JULY AUQ. SEPT. OCT NOV. OEC - t \ \ I \ / 200 \\\\ >r v 0 at February reports showed a further increase in freight receipts, a decline in passenger receipts, and a slight gain in operating revenue. Operating expenses continued to decline to the lowest point since 1919, but net operating income was the lowest since May 1921, except for January. Y / V i i H I I it i i I 1921 MAP SHOWING 1922 DISTRICTS IN EMPLOYMENT CHART. LABOR. Employment conditions were definitely better in March, with the largest total employed reported since February, 1921. IMMIGRATION, EMIGRATION, AND IMMIGRATION S i 1\1 \ 4 V \\ so \ 1 1 \« «0 J —t 1913 19 A 4 19 >\ 5 - -/NORTH CENTRAL] V 1916 1917 MONTHLY 1918 1919 1930 AVERAGE 1921 j " 2 ! OHIO V k VA. JT DISTRIBUTION MOVEMENT. 1 \ 4"> i / QUOTA \ \ J \ 1 1930 100797°—22 \ •j -• i' 'VH E /\ \ \ V 7 (—v* V^? \u 7/ / / 4 1 AT ION 0 r) ( KICM.(/\ NO. 1 \ I \ \ 1 1\ to "^ wis. /y QUOTA. 1 | 1 V^ 3 \ I1 ili! i lit \ 1831 \ m 1922 Mail order sales increased 31 per cent over February and were the largest since the December holiday trade. Sales of chain stores increased 17^ per cent, most of the large stores showing about the same relative gain. The wholesale trade of the American Wholesale Corp. increased 23 per cent. 18 Magazine advertising, with an increase of 13 per cent, was the largest month since December, 1920. Newspaper advertising, with a 24 per cent gain during the month, was barely less than the Christmas advertising last fall. SALES OP MAIL-ORDER HOUSES AND CHAIN STORES, AND POSTAL RECEIPTS. ] 1 II \ \ \ 4/ / s — % \ Ik i '-/f k . J c AL f i yft\ s\J i M< 1 \ J 1 I, / / i K i but slightly less than a year ago. Earnings of the United States Steel Corporation reflected a progressive increase. The issue of corporation bonds was the largest since January, and new incorporations increased 24 per cent over February. February revenue and income of both telephone and telegraph companies declined; telephone companies showed an increase from February, 1921, while the gross business of the telegraph companies was less, though net income increased. Credit reports showed increased orders and payments in March and decreased indebtedness. FAILURES AND LIABILITIES, BY MONTHS. % \\ 1922 — • 1813 1914 1016 1010 1917 I9I& 1919 1920 1921. MONTHLY AVERAGE PUBLIC FINANCE. Further progress was made in March in the reduction of the interest bearing debt of the United States. A considerable reduction in Liberty and Victory Loan bonds occurred during the month, the largest in any month since June, 1920. Customs receipts continued to increase but total ordinary receipts for March, comprising chiefly the first quarter's income tax payments, were 40 per cent less than in March, 1921. Ordinary disbursements of the Government were considerably higher than in January or February but less than a year ago. A slight increase took place in the amount of money held outside the Treasury and the Federal reserve system, BANKING AND FINANCE. Debits to individual accounts and bank clearings increased from 22 to 23 per cent over February in New York City, while outside New York City the increase was slightly less. Discounts of the Federal reserve banks continued their steady decline, while notes decreased slightly and reserves increased a bit. The reserve ratio was fractionally higher than in February. Member banks of the Federal reserve showed slight declines in both loans and deposits. The call loan rate declined to 4.35 per cent and the commercial paper rate was slightly lower at 4.8 per cent. Savings deposits in the postal savings system declined slightly, as did those in the banks of the Chicago district, but the Philadelphia district showed an increase. New life insurance business in March showed an increase of 19 per cent in oolicies and 18 per cent in amount of insurance. Business failures in March showed an increase in respect to the number of firms, but a decrease in liabilities. Dividend and interest payments were large Stock prices advanced about 3 per cent in March, while sales showed a tremendous increase. Bond prices advanced 1.6 per cent and sales increased in almost as large a proportion as stocks. The number of stockholders in large corporations continued to increase during the past quarter, the increase in foreign holders being quite regular in all companies. Brokers7 holdings of United States Steel common stock increased with the advance in the price of the stock. Gold receipts at the mint increased slightly in March. The Rand output for the first quarter was only one-third of the same period last year, on account of the strike. Imports of gold continued to increase, while exports were very small. 19 Production of silver increased in March but was still considerably less than a year ago. Imports exceeded exports in March, thus reversing the February condition. The price of silver declined slightly. TK I A . . L ... zoo 17 eoo FOREIGN EXCHANGE. EXPORTS OF THE UNITED STATES. IMPORTS ANE 5 600 Outside of slight declines in the Asiatic and Swiss exchanges and a continued slump in German marks, z most foreign exchange rates rose during March. I France, Italy, and Chile showed the greatest increases. In spite of this condition, the foreign exchange index of the Federal Reserve Board declined, on account of the relatively heavy weighting of the German exchange. _ 400 d 300 HZ / / / 100 \ \ \ f * / / \ \ -o_. 4- I'll/ \ \ \ \ A s -LL—U. „ U$_i__3SL: t ^ 1913 1914 1916 1916 1917 1918 1919 1920 1921 ± ^ 0 M NHY A E A E OTL VRG L L. \ 4'' / '" / , \ / 71 200 \ 7_ / __ . f \ J i_-__vi. £__::::::;::: t >_. Z_:___. i_ __ _ _ _ ._.____ N ± > g >; d f c + + 6 ± ^ :^ ---=i . v g > d f c ^ >• d | z '_ g \ - I \ \ \ t 3S_ _ S 1B - f l l 53SS ! 8 111! I 1080 1921 1922 MONTHLY MINERAL PRODUCTION INDEX. There are now available for the first time monthly figures which can give a current index of the mining production of the United States. All important minerals produced may be shown on a monthly basis, except natural gas, and these products—bituminous coal, anthracite coal, petroleum, iron ore, copper, lead, zinc, gold and silver—represented over 88 per cent of the total value of mineral products, according to the census of 1909, and 87 per cent in 1919. In forming an index of mining productivity, official annual figures are obtainable on a prewar basis, while monthly figures for the past two years are used from whatever source compiled. The index is weighted arithmetically by adjusted average values for the years 1909-13, and these years are taken as 100 in calculating relative figures. Copper.—Annual figures through 1920 are from the U. S. Geological Survey, representing smelter production from domestic ore. Monthly figures for 1920 are compiled from data prepared by the Engineering and Mining Journal and prorated to agree with the annual figures. Monthly figures beginning with 1921 are from the American Bureau of Metal Statistics, which agree closely with preliminary official figures for the year 1921; the 1921 annual figure is taken from the American Bureau of Metal Statistics. lead.—Annual data are from the U. S. Geological Survey, representing the output of refined primary lead from domestic ores except antimonial lead. Monthly data beginning with January, 1921, are from the American Bureau of Metal Statistics and are prorated to the 1921 official figures and the same ratio used for 1922. SOURCES OF MATERIAL. Zinc.—Annual data are from the U. S. Geological The selection of the individual series was taken as Survey, representing the output of primary zinc from near to the mine as was available, and production data on mining include the output of outlying territories domestic ores. Monthly figures are calculated by as well as continental United States. Explanations of substracting from the data of the American Zinc. Institute on primary production, the zinc contents individual sources follow: Petroleum.—These data are taken entirely from of imported ores and concentrates. The monthly annual and monthly reports of the U. S. Geological figures do not exactly add to the yearly totals of the Geological Survey, but are not prorated, as that would Survey and represent crude petroleum marketed. Coal, bituminous and anthracite.—These data are throw out the comparison with the months of 1922. compiled by the U. S. Geological Survey and represent Geological Survey annual figures are taken in order to give true comparison with previous years. shipments from the mines. Gold.—Annual production of gold is compiled by Iron ore.—The yearly data are from the U. S. Geological Survey, representing production of iron the Bureau of the Mint and the Geological Survey. ore. Monthly figures are shipments of iron ore Monthly figures are compiled by prorating receipts of through the Sault Ste. Marie Canal as reported by the unrefined gold by the Bureau of the Mint to cover total War Department. These shipments average about 80 production. The Mint receipts represented about 40 per cent of the total United States production and are per cent of the 1921 gold production. extended to 100 per cent to agree with the actual proSilver.—Annual production is compiled by the duction for the year. During the winter months there Bureau of the Mint and the Geological Survey. are no shipments on account of the closing of naviga- Monthly figures are from the American Bureau of tion, but production also ceases to a large extent at Metal Statistics. They do not quite agree with the that time, and therefore the shipment figures are fairly yearly total of the Geological Survey, but are not close indicators of the production movement. prorated. (See comments on zinc above.) 20 (American Economic Review, Vol. XI, No. 1). Except in the years 1914 and 1919, both of which were Choice of weights was made after obtaining the years of great change in industrial status, the exaverage values for the five-year period 1909-1913 as treme difference in any one year between the highest reported by the Geological Survey, making allowances and the lowest of these three annual indices is about for the lower values shown by the census of 1909 in 2 per cent. In 1914 and 1919 the extreme difference respect to some metals—lead, zinc, and silver—on is 6 per jcent, with the Department of Commerce index which the Bureau of the Census takes a mine value, midway between the other two in each case. The whereas the Geological Survey gives a market value chief difference between the Department of Comfor the refined metal. No change was made from the merce index and Day's index is the use of iron ore in Geological Survey values where these did not differ the Commerce index instead of pig iron and coke> materially from the Census data in 1909. The values while Stewart's index includes the same commodities given, by sources, and the weights finally used are as the Commerce index and, in addition, a few minor given below: articles that are not available on a monthly basis— pyrites, quicksilver, salt and sulphur ore. The variaAverage Value, tions between the two are evidently largely in monthly 1909 (Geo- Value, 1909 value, logical Final weighting. 1909-1913. Survey). (Census). weighting. The chief difference between the Department of Millions of dollars. Commerce index and the monthly index of the Federal Reserve Board (Federal Reserve Bulletin, Vol. 8, No. 401 405 40 " B i t i i T n i n n n s C^al - ... . . . . . . 40 149 149 14 14 A n t h r a c i t e C«ft1 .. ....... 3) is in the use of iron ore instead of pig iron and the 118 128 Petroleum . . . . 13 13 107 110 10 Iron ore 10 addition of gold and silver. The use of iron ore makes 135 142 13 Copper 13 30 3 Lead / 2 the Department of Commerce's index considerably 25 3 Zinc I 2 100 \ 8 Gold 8 higher than the Federal Reserve Board's index in the UIO / 28 3 Silver \ 2 1 summer, when iron ore is produced and shipped in 1,051 1,117 104 Total 107 large quantities, and much lower in the winter, when Tntftl ftW Tninpral«! *1 191 1 887 ! iron-ore traffic is suspended. WEIGHTING FACTORS. i Adding Alaska to total for United States. Owing to data for lead, gold, and silver not being available monthly previous to 1921, there has also been calculated a separate index, leaving out these products, so that a true comparison may be made between the separate months of 1920 and the months of 1921 and 1922. No allowance has been made for seasonal variation in production, as for three commodities only one year's data are available monthly. The index shows the actual physical output month by month. COMPARISON WITH OTHER INDICES. Other indices of mining production have been compiled on an annual basis, and while the present investigation was under way the Federal Reserve Board issued a monthly production index on mining based on the year 1919. The present index has been completed and published, because (1), it gives a combination of the annual and the monthly figures on a prewar base; (2) it includes important mining products— gold and silver—previously not available on a monthly base; (3) it includes new sets of monthly figures on other commodities, such as iron ore, copper, lead and zinc, which reflect conditions as close to the mine as possible; and (4) it uses as weights the relative values of the minerals as close to the mine as possible. The Department of Commerce index of mining production runs very close to the annual indices prepared respectively by Prof. Edmund E. Day (Harvard University Review of Economic Statistics, Preliminary Vol. II, No. 10) and by Prof. Walter W. Stewart RESULTS. A glance at thefiguresin the table and charts accompanying this article shows continued development of the mineral production of the United States before the war. The depression in iron ore and bituminous coal at the outbreak of the war caused the production curve to recede in 1914, but in 1915 it was above the 1913 level again, and it continued to advance to meet our war needs until the maximum was reached in 1918. The slump in demand for metals after the armistice caused a sharp decline in 1919 almost to the 1915 level, but the post-war boom, especially in petroleum and bituminous coal, led to another increase in the mineral output in 1920. The depression of 1921, starting immediately at the beginning of the year, brought production down below the pre-war average. In comparing the monthly figures with normal, the exceptionally large seasonal variation in iron-ore production must be taken into account. That is largely responsible for the increase in June, 1921, while in October the increased output of coal in the face of a threatened railroad strike brought the production index to the highest point of the year. The seasonal decline in iron ore was the chief factor in the November decline, and the decline in coal production was responsible for the further recession in December, in spite of gains in most of the other metals. The improvement in production in 1922 has been general in all the minerals. The gain in March, reaching the highest point since December, 1920, was partly due to special activity in the coal mines in anticipation 21 of the strike, and the April index will show a large drop as a result of the strike. Petroleum production reached a new high level in March, and copper showed a large increase over February. MONTHLY MINERAL PRODUCTION. 160 ANNUAL MINERAL PRODUCTION. 120 y —:: 100 / \ it 09-1 913 r 140 w \ i 1909- 1913 \ AVERAQ 1 1 H f 80 AVER/ 60 § z 40 20 O — 2 *° C O 0» £5 0» 5 1920 1921 1922 22 INDEX NUMBERS OF MINERAL PRODUCTION. Prepared by the Department of Commerce. [Relative to average for 1909-13 taken as 100.] BituAnthraminous cite coal. Iron ore. Copper, i Lead. coal. Total production. Petroleum. 100.0 91.7 98.0 96.8 103.0 100.0 84.4 96.6 101.6 102.8 100.0 89.9 97.9 95.2 105.6 100.0 93.9 97.8 104.7 97.7 100.0 95.3 105.9 81.5 102.4 100.0 95.2 94.1 95.6 108.3 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 109.8 102.4 111.2 127.2 134.4 114.5 122.5 129.6 138.7 154.6 112.2 99.2 103.8 117.9 129.5 106.0 105.1 103.0 101.4 115.3 115.1 76.9 103.1 139.6 139.8 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 135.2 113.5 126.1 164.1 174.1 204.4 217.3 135.0 107.5 130.6 95.5 114.4 102.0 103.1 101.0 January... February.. March.... April 122.1 107.9 122.1 106.9 186.8 181.0 198.2 196.9 137.1 113.1 131.8 106.8 May.... June July.... August. 131.6 145.3 147.1 151.5 201.9 204.4 211.3 216.1 September. October November.. December.. 141.6 153.8 142.1 127.5 January... February., March April Y E A R AND MONTH. Production without lead, gold, and silver. Zinc. Gold. Silver. 100.0 91.6 97.5 101.8 102.0 100.0 81.3 89.2 95.9 114.4 100.0 104.9 101.3 102.0 98.3 1OO.O 90.4 94.3 99.7 105.3 100.0 90.5 97.8 96.1 103.4 106.7 100.2 120.9 168.0 164.4 107.0 133.2 131.7 143.5 142.5 119.1 121.3 161.8 199.3 206.5 93.5 99.5 106.3 97.4 88.1 110.3 119.6 123.8 122.9 118.4 111.3 101.6 110.9 129.5 138.6 129.3 112.3 125.5 54.9 166.3 112.1 105.4 41.1 140.3 110.3 123.9 103.5 173.9 159.8 159.0 70.0 72.2 63.5 52.1 51.7 112.0 93.6 93.4 83.2 141.0 118.4 133.3 100.9 105.4 90.7 109.2 86.5 4.3 114.5 110.4 113.0 109.1 178.0 175.7 193.2 177.6 122.1 107.9 122.1 106.9 109.8 127.0 126.7 137.7 110.6 113.5 114.8 111.5 177.9 231.4 245.2 233.7 108.0 109.1 103.1 109.4 183.9 157.6 166.2 157.6 131.6 145.3 147.1 151.5 207.6 219.0 214.1 215.5 138.4 146.8 144.9 146.7 64.4 111.9 103.4 115.6 232.0 229.4 147.6 3.6 148.1 146.4 135.4 118.6 141.6 153.8 142.1 127.5 104.6 91.0 96.0 87.5 211.7 195.6 226.6 221.5 113.4 86.9 85.6 77.6 102.9 107.0 102.9 107.0 2.5 80.0 93.2 53.4 Mary... June July.... August. 97.7 106.3 06.1 102.2 232.6 223.5 223.1 226.6 93.8 95.3 85.6 97.2 103.9 108.2 97.9 100.0 70.8 171.7 112.3 113.0 September. October November.. December.. 95.9 108.9 93.0 86.4 202.6 197.1 214.5 232.1 98.9 123.1 101.4 87.0 99.0 105.3 95.3 83.1 93.0 82.7 12.7 95.4 99.1 120.9 238.7 225.8 259.5 105.9 115.3 141.3 86.9 93.9 121.7 1909-1913 monthly average.. 1909 monthly average 1910 monthly average 1911 monthly average 1912 monthly average 1920. 100.2 1921. 86.7 107.8 69.0 84.6 90.0 43.0 42.7 45.6 46.0 97.2 108.3 120.4 87.9 109.9 94.5 99.9 91.1 25.3 20.3 18.6 22.4 91.3 93.5 94.7 102.8 96.4 81.8 65.7 61.9 43.2 41.1 57.0 60.0 84.7 79.7 77.3 79.6 102.8 112.8 99.9 106.3 21.9 25.7 23.4 19.4 100.9 115.7 110.8 132.0 61.5 89.6 93.1 36.3 82.9 64.1 58.3 83.5 93.6 75.1 77.2 101.2 111.4 95.5 88.0 27.0 39.1 64.7 135.3 125.2 123.6 100.3 95.2 112.5 48.9 42.9 45.5 78.0 76.8 82.9 99.0 103.9 128.2 115.1 102.5 1922. January... February.. March..... 23 TREND OF BUSINESS MOVEMENTS. The following table contains a summary of the monthly figures, designed to show the trend in important industrial and commercial movements. The numerical data for the latest months are given and in addition index numbers for the last four months and for two corresponding months of a year ago. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness of their publication or publication at other than monthly intervals; therefore the following explanations of the various headings are offered to make clear such distinctions and in general to facilitate the use of the table: February, 1922.—This column gives the February figures corresponding to those for March shown in the next column—in other words, cover the previous month, and in some cases, where indicated oy a footnote, refer to the previous quarter; that is, ending December 31, 1921. March, 1922.—In this column are given the figures covering the month of March, or, as in the case of stocks., etc., the situation on March 31 or April 1. In a few cases (usually where returns are reported quarterly only) thefiguresare for the quarter ending March 31 or the condition on that date. Where this column is left blank, nofiguresfor March were available at the time of going press (May 6). Corresponding month, February or March, 1921.—The figures in this column present the situation exactly a year previous to those in the "March, 1922," column (that is, generally, March, 1921), but where no figures were available for March, 1922, the February, 1921, figures have been inserted in this column for comparison with the February, 1922, figures. In the case of quarterly figures, this column shows the corresponding quarter of 1921. Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total for the first three months of the calendar years 1921 and 1922, respectively, except where the March, 1922, figures are lacking, in which case the cumulative total for two months in each year is given. Percentage increase ( + ) or decrease ( —) cumulative 1922 from 1921.—This column shows the per cent by which the cumulated total for the first three (two in some cases) months of 1922 is greater ( + ) or less ( —) than the total for the corresponding period of 1921. Base year or period.—For the purpose of comparison with a previous more or less normal period, all items, so far as possible, are related to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period stated in this column. Wherever possible, the year 1913 is taken as a base, and if no prewar figures are available, 1919 is usually taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even 1921, and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more representative year has been chosen. Index numbers.-—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to compute the approximate per cent increase or decrase from one month to the next. Percentage increase ( + ) or decrease ( —) March from February.—The last column shows the per cent increase or decrease of the figure for the last month compared with the preceding month. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month, Feb. or Mar., 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. Percentage increase ( } t or decrease (-) cumulative 1922 from 1921. 1921 1922 197,262 + 72.6 BASE YEAR OR PERIOD. 1921 1921 Feb. Mar. 1922 ( } t or decrease Dec. Jan. Feb. Mar. from Feb. TEXTILES. Wool. Consumption by textile mills thous. of lbs.. Receipts at Boston: Domestic thous. of lbs.. Foreign thous. of lbs.. Total thous. of lbs.. Imports, unmanufactured thous. of lbs.. Machinery activity: Looms, wide per ct. of hours active.. Looms, narrow per ct. of hours active.. Looms, carpet and rug per ct. of hours active.. Sets of cards per ct. of hours active.. Combs per ct. of hours active.. Spinning spindles— Woolen per ct. of hours active.. Worsted .per ct. of hours active.. Looms and spindles: Woolen spindles per ct. of active to total.. Worsted spindles per ct. of active to total.. Wide looms per ct. of active to total.. Narrow looms per ct. of active to total.. Carpet looms per ct. of active to total.. Prices: Raw wool to producer dolls, per 1b.. Unwashed, fine Ohio, Boston.. .dolls, per lb.. Worsted yarn dolls, per lb.. Wool dress goods . . dolls, per yd. Men's suitings dolls, per yd.. 118 159 153 158 176 + 11.7 46 30 733 1,229 228 378 339 775 112 78 102 99 103 247 143 175 99 224 135 220 81 550 213 340 - 18.7 +145.4 + 58.2 + 54.7 101 95 77 102 115 110 130 152 116 128 106 122 165 120 125 108 122 166 134 126 103 114 169 141 107 -4.6 - 6.6 + 1.8 + 5.2 - 15.1 78 87 104 104 118 120 118 120 K9 115 136 + 5.4 99 - 13.9 1913 1913 1913 1913 1913 69 91 77 79 59 88 105 86 90 63 97 118 95 108 109 95 116 89 100 115 104 116 93 100 116 109 101 88 99 116 1913 1913 1913 1913 1913 119 141 148 157 198 113 150 155 157 198 101 141 161 145 184 108 159 165 145 184 134 173 167 145 184 150 + 12.1 177 + 2.6 161 - 3.8 145 0.0 184 0.0 63,941 71,437 47,692 114,319 13,407 11,839 25,246 27,834 10,899 29,047 39,946 43,071 6,143 64,866 71,009 98,103 13,643 120,192 133,835 162,158 65.9 68.1 76.9 84.4 97.2 63.1 63.5 78.2 88.4 82.3 61.7 52.7 35.7 64.2 88.7 11920-21 11920-21 11920-21 11920-21 11920-21 90 77 78 79 96 81.6 82.7 85.9 70.8 65.9 74.3 11920-21 11920-21 80 86 69 73 79 84 75 65 72 79 68 78 64 66 43 .250 .189 .223 .39 .33 .38 1.250 1.200 1.300 .815 .885 .815 2.835 3.060 2.835 i Twelve months' average, November, 1920, to October, 1921, inclusive. 38,131 53,947 92,078 93,057 +179.5 - 55.1 - 31.2 - 42.6 1913 1913 1913 1913 1913 93 + 4.8 - 12.9 -5.4 - 1.0 0.0 24 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin Corresponding vr Q r 1922 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. Feb., Mar., 1921. 1921 438,218 1,199,6ft? or decrease cumulative 1922 from 1921. 1922 I N D E X NUMBERS. Percentage increase PerageinBASE TEAR OR PERIOD. 1921 1921 1922 or decrease Feb. Mar. Dec. Jan. Feb. Mar. from Feb. TEXTILES—Continued. Cotton. Consumption by textile mills bales r . 473,073 518,450 Stocks, end of month: 1,554 Mills thous. of bales.. 1,597 Warehouses thous. of bales.. 4,222 3,766 3,593 Visible supply ." thous. of bales 3,891 Imports, unmanufactured bales.. 54,761 59,957 Exports, unmanufactured bales.. 338,440 461,484 Manufactured goods: Cotton cloth exports thous. of sq. y d s . . a 32,707 a 48,406 9,431 Fabric consump. by tire mfrs . . .thous. of lbs.. 6,711 Elastic webbing saj^s thous. of y d s . . 12,730 Machinery activity: SpindlesActive , . . ..thousands.. 33,797 31,875 Total activity mills of hours 7,120 7,779 211 Activity per spindle hours 193 Prices: Raw cotton to producer dolls, per l b . . .160 .159 Raw cotton, New York. dolls, per l b . . .183 .181 Cotton yarn dolls, per lb .353 .351 Print cloth dolls, per y d . . .056 .060 Sheeting dolls, per y d . . .098 .096 1,518,075 + 26.5 1913 1,337 5,253 4,476 79,361 27,282 375,180 1,473,987 99 313 153 156,811 + 97.6 1,275,834 - 13.4 ! 1913 1913 1913 1913 1913 33,024 4,475 9,079 100,598 10,025 16 784 112,150 + 11.5 23,849 +137.9 25,223 ± 50 3 i 1913 1921 1919 32,148 96,154 100,130 + 1913 41 .094 .118 .283 .045 .087 1913 1913 1913 1913 1913 91 82 106 109 100 298 146 134 52 130 294 125 262 148 300 137 81 44 89 67 108 101 59 74 107 106 86 78 92 138 68 109 130 153 151 88 207 65 98 108 119 + 9.6 116 214 240 127 270 47 — 2.7 - 10.8 117 — 7.7 295 63 + 9.5 + 36.4 + 48.0 + 40.5 84 88 131 105 83 141 86 118 81 114 114 112 105 — 5.7 + 93 + 9.3 133 141 133 143 + + + + 0.6 1.1 0.6 7.1 137 129 114 143 154 140 148 142 143 130 142 168 174 168 163 160 160 173 157 120 108 444 1,018 154 115 128 131 553 - 17.1 + 4.8 24 - 23.5 306 — 20.9 - 2 . 0 Knit underwear. Production .. ......... doz Orders received . . . doz Shipments doz. Oanrali&tions ,r..... doz Unfilled orders, end of mo thous. of doz 756,900 558,000 619,200 15,300 1,940 777,600 462,600 648,900 11,700 1,535 451,800 553,500 425,700 8,100 thous. of lbs bales.. bales dolls, per lb. 2 964 22,107 28,982 6 566 2 508 25,546 22,077 6.027 2 202 25,585 16 386 5.880 5 239 64,286 Burlap a n d fiber. Imports: Burlap thous. of lbs.. Fiber (unmanufactured) long tons.. 31,345 18,462 41,240 27,874 27,278 27,571 124,723 73,797 110,366 - 11.5 60,948 — 17.4 1,630 2,072 2,035 2,816 1,596 1,866 5,949 6,560 189 251 249 502 166 667 264 860 400 2 246 400 +161 1 1,255,500 2,048,400 + 63 2 812,700 1,976,400 +143 2 + 27 1920 a 1920 * 1920 i 1920 * 1920 43 297 548 54 6 93 17 31 105 40 384 20 95 400 386 1913 3 1920 3 1920 1913 82 77 204 136 104 88 — 15 4 93 143 58 180 143 44 166 + 15.6 33 162 190 63 186 124 56 158 117 50 209 1909-13 1909-13 143 94 80 96 128 88 111 92 122 51 65 97 + 31.6 + 51.0 5 303 — 10 9 6,781 + 3.4 1913 1913 76 82 62 64 64 64 74 67 75 82 79 112 + 24.8 + 35.9 — 0.7 +270 8 + 73 2 1914 1914 1914 1914 1914 3 1921 1913 1913 59 50 68 69 67 76 74 66 152 + 31.7 +100.0 + 38.5 + 18.1 -1.3 + 7.7 + 55. < 2 + 16.7 528 76 135 458 141 Silk. Imports raw Consumption, raw Stocks, raw, end of month Prices, raw, Japanese, N. Y 9 353 + 78 5 81,495 + 26.8 — 23.8 - 8.2 METALS. Iron a n d steel. Production: Pig iron...» thous. of long tons.. S teel ingots thous. of long tons.. Merchant pig iron: Production thous. of long tons.. Sales. ... . thous of long tons Shipments thous. of long tons.. Unfilled orders thous. of long tons Stocks, merchant furnaces thous. of long tons.. Stocks, steel plants thous. of long tons.. Exports thous. of long tons Imports thoiis. of long tons Unfilled orders, Steel Corp., end of mo thous. of long tons.. Foundry production, Ohio per ct. of normal.. 247 342 97 160 889 1,050 1,231 546 539 168 132 12 181 205 685 209 14 230 5 4,141 31.17 4,494 39.97 6,284 24.96 662 473 979 819 1,171 494 25 39 — 57.8 + 56.0 1913 <1921 86 114 111 172 101 14 17 63 64 61 71 72 93 59 41 117 106 121 72 72 70 76 100 112 151 193 54 44 23 29 45 102 94 48 90 79 95 69 50 103 68 72 80 89 96 58 43 90 53 71 + 8.5 + 27.8 a Beginning with January, 1922, figures are in square yards. For the present these are compared directly with linear yards in earlier months. Stated in square yard the total will probably average slightly less than in linear yards. 2 Six months' average, July to December, inclusive. 3 Eleven months' average, February to December, inclusive. < Ten months' average, March to December, inclusive. 25 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month. Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 INDEX NUMBERS. Percentage increase ordecumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 Percentage increase 1922 1921 or decrease Feb. Mar. Dec. Jan. Feb. Mar. from Feb. METALS—Continued. Iron and Steel—Continued. Wholesale prices: Pig iron— Fdry. No. 2, Northern.dolls, per long ton. Bessemer dolls, per long ton. Steel billets, Bessemer dolls, per long ton. Iron and steel dolls, per long ton. Composite pig iron.......dolls, per long ton. Composite steel dolls, per 100 lbs. Composite finished steel dolls, per 100 lbs. Structural steel beams dolls, per 100 lbs. Locomotives. Shipments number. Finished Iron and steel. Sheets, blue, black, and galvanized: Production per ct. of capacity. Shipments per ct. of capacity. Sales per ct. of capacity. Unfilled orders per ct. of capacity. Unsold stocks per ct. of capacity. Steel barrels: Shipments barrels. Production per ct. of capacity. Unfilled orders barrels. Structural steel, sales long tons.. Copper. Production thous. of lbs.. Exports thous. of lbs.. Wholesale price, electrolytic dolls, per lb.. Zinc. Production thous. of lbs.. Stocks, end of month thous. of lbs.. Imports thous. of lbs.. Receipts, St. Louis thous. of lbs.. Shipments, St. Louis thous. of lbs.. Price, slab, prime western dolls*, per lb.. Tin. Stocks, end of month long tons.. Imports thous. of lbs.. Wholesale price, pig tin dolls, per lb.. Lead. Receipts, St. Louis thous. of lbs.. Shipments, St. Louis thous. of lbs.. Wholesale price, pig, desilverized dolls per lb.. FUEL AND POWER. Coal and Coke. Production: Bituminous coal thous. of short tons.. Anthracite coal thous. of short tons.. Beehivecoke thous. of short tons.. By-product coke thous. of short tons.. Public-utility electric power mills, of k. w.hours.. Shipments, anthracite thous. of long tons.. Storage, anthracite thous. of long tons.. Exports: Bituminous thous. of long tons.. Anthracite thous. of long tons.. Coke thous. of long tons.. Wholesale prices: Bituminous C.dolls, per short ton.. Ar^iracite, chestnut dolls, per long ton.. Coke, Connellsville dolls, per short ton.. 20.84 21.46 28.00 32.86 19.31 2.14 2.01 1.50 20.96 21.46 28.00 32.97 19.26 2.09 2.02 1.40 44 1913 1913 1913 1913 1913 1913 161 56.1 50.5 47.3 66.8 19.5 68.0 61.1 111.4 128.7 18.7 168,476 16.9 248,315 78,700 27.7 281,794 139,300 91,248 15.4 37,416 173 164 149 172 177 171 166 152 137 128 113 129 132 130 127 99 1913 58 53 29 25 14 13 - 11.4 25 34 25 39 739 38 34 37 36 739 55 65 40 23 809 58 54 59 21 77 848 94 + 22.1 84 + 21.7 183 +134.6 44 + 91.3 813 - 4.1 1921 1921 73 88 81 89 80 90 87 81 91 97 106 37 75 82 61 + 65.3 115 + 53.0 81 - 1.6 78 92 + 17.9 148 6.0 5 +164.9 73 + 88.7 1913 1913 558 159 - 71.5 27.9 24.5 22.6 105.2 17.0 101,830 187 184 164 185 194 180 176 162 1920 1920 1920 1920 1920 27.66 28.16 38.40 45.37 27.35 2.94 2.76 2.30 133 126 109 127 132 126 124 52,376 110,068 290,100 +163.6 1913 29 59 61,867 80,853 .127 89,127 38,720 .122 251,564 125,131 75 87 82 87 55 78 18 87 86 25 186,845 - 50.3 + 19.7 1913 156,055 45,026 53,064 62 120,524 31,482 164,504 7,144 118,852 128,248 74 10,698 31,323 82 162 14,476 19,564 51,286 76 164 7 72 122 90 52,862 .129 .049 196 20,187 24,313 .050 359,522 + 42.9 *1921 1913 11,970 64,591 145,502 + 22.4 328 - 97.3 50,299 - 1.9 84,688 + 31.1 .052 1,406 9,295 3,086 15,783 .291 3,476 3,028 11,604 20,232 6,787 .047 7,325 40,951 50,193 6,762 8,757 549 732 1,795 2,137 575 1,772 3,485 5,239 3,567 3,784 6,779 3,344 3,395 5,738 1,422 10,103 17,058 814 275 32 1,187 295 25 1,152 4,657 3.600 10.633 3.038 3.600 10.640 3.250 4.850 10.642 5.000 .047 10,882 34,181 +214.1 7,733 4,948 .041 23,436 12,023 51,336 +119.0 22,626 + 88.2 30,328 7,701 101,449 22,517 2,577 5,938 308 25 1913 90 128,744 21,777 1,777 5,835 + 26.9 - 3.3 - 31.0 - 1.7 11,074 + 16,866 - 9.6 1.1 2,645 - 43.2 794 - 10.6 87 - 3.3 2 Six months' average, July to Deecember, inclusive. 1913 1913 1913 1913 1913 1913 107 55 60 92 54 202 197 52 69 89 1913 1913 1913 192 55 73 188 32 64 1913 1913 1913 153 30 106 1913 1913 1913 1913 192, 131 125 109 125 125 122 122 75 2 70 102 + 0.6 0.0 0.0 + 0.3 158 2 150 159 120 156 - 0.3 - 2.3 + 0.5 - 99 111 76 83 80 251,598 130 125 109 125 125 124 121 6.7 + 65.4 + 63.9 + 13.5 + 77.0 87 39 110 83 92 93 73 72 95 71 76 97 68 167 + 119.5 165 + 69.8 65 - 4.6 141 57 92 256 49 107 356 97 107 212 + 74.4 84 + 7.9 107 0.0 77 101 31 178 76 97 21 167 77 78 94 103 18 176 18 20 1919 1919 1921 98 133 33 105 128 53 117 103 140 1909-13 105 107 34 70 74 106 32 95 1909-13 115 101 37 1913 1913 1913 232 200 213 221 200 205 175 201 113 1909-13 78 107 180 117 107 108 116 137 133 44 - 22.4 + 126 115 26 202 2.0 + 22.6 + 29.5 + 33.3 + 19.1 117 + 8.6 151 + 29.4 125 6.3 108 + 45.8 102 + 7.3 34 - 21.9 171 200 164 164 200 200 113 125 133 0.0 + 01 . + 7.0 26 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 or decrease cumulative 1922 from 1921. BASE YEAB OR PERIOD. 1921 1921 Percentage increase 1922 or decrease Feb. Mar. Dec. Jan. Feb. Mar. U. from Feb. FUEL AND POWER-Continued. Coal and Cok*—Continued. Retail prices: Bituminous AnthraciteStove Chestnut dolls, per short ton.. 9.71 9.72 11.15 1913 210 205 189 182 179 179 + 0 1 . dolls, per short ton.. dolls, per short ton.. 14.92 14.99 14.89 14.94 15.63 15.66 1913 1913 204 201 202 198 195 191 194 190 193 189 193 - 0.2 189 - 0.3 thous. of bbls.. 40,814 46,916 thous. of bbls.. 208,851 220,133 thous. of bbls.. 39,600 48,840 thous. of bbls.. 12,077 14,004 thous. of bbls.. 16,852 17,274 2.250 dolls, per bbl.. 2.250 1,323 number.. 1,143 40,905 138,181 45,161 12,303 16,173 1.750 1,452 114,230 1913 1913 1913 1913 1913 1913 1913 171 125 180 767 765 207 99 198 132 207 829 749 187 91 203 175 219 929 898 241 70 187 206 883 851 241 73 197 199 182 814 781 241 72 227 210 224 944 800 241 83 Petroleum. Crude petroleum: Production Stocks, end of month Consumption Imports Shipments from Mexico Price, Kansas-Oklahoma Oil wells completed Gasoline: Production Exports Domestic consumption Stocks, end of month Kerosene oil: Production Stocks Gas and fuel oil: Production Stocks Lubricating oil: Production Stocks thous. of gals.. 398,223 thous. of gals.. 38,170 thous. of gals.. 251,759 thous. of gals.. 818,546 130,871 + 14.6 thous. of gals. 167,220 thous. of gals.. 332,330 133,346 - 0.4 39,178 + 6.2 52,490 2.6 4,851 3,617 - 25.4 388,188 45,392 225,195 680,540 848,620 151,954 519,946 842,846 - 0.7 140,840 - 7.3 534,476 + 2.8 1919 1919 1919 1919 118 171 79 144 127 148 121 151 133 117 109 124 135 163 99 149 121 124 88 173 163,082 430,045 52,814 133,933 36,880 51,160 368,457 340,137 - 1919 1919 84 143 87 149 87 113 109 111 3.2 1919 1919 115 129 119 130 136 173 135 171 120 171 103 138 117 134 105 152 + 15.0 + 5.4 + 23.3 + 16.0 + 2.5 0.0 + 15.7, 98 161 7.7 172 + 38.4 thous. of gals.. 761,085 thous. of gals.. 1,314,740 732,542 1,569,226 1,619,196 + 993,127 thous. of gals.. 69,123 thous. of gals.. 259,892 72,432 201,628 158,341 143,437 - 9.4 1919 1919 103 125 98,742 143,596 98,315 129,931 125,725 139,390 9,138 12,425 142,850 110,820 182,027 2,684 401,733 349,338 361,513 - 12.5 330,203 - 5.5 20,035 42,483 + 112.0 1919 1919 1919 1909-13 90 101 13 101 95 80 173 90 84 81 127 82 81 82 56 144,568 170,995 142,399 167.112 52,984 56,867 66,443 48,376 119,482 119,602 379,749 362,283 473,309 + 24.6 468,285 + 29.3 17,622 68,782 210,344 +205.8 1919 1919 1919 1919-13 78 74 113 61 94 92 87 459 98 99 94 374 90 89 99 260 106 104 106 190 97,786 117,507 96,521 117,142 27,815 28,180 5,582 1,672 107,532 104,919 41,789 2,192 334,402 317,376 1919 1919 1919 1913 90 84 164 70 94 91 175 30 94 93 100 44 92 90 111 70 85 84 116 23 103 + 20.2 102 21.4 118 1.3 78 +233.9 1919 1919 1919 159 177 146 158 177 131 110 110 85 101 95 76 71 109 137 83 77 119 70 100 98 111 49 100 97 111 72 101 115 32 119 114 122 77 42 83 75 90 86 100 100 + 16.3 116 + 16.3 105 93 149 90 96 86 150 85 104 PAPER AND PRINTING. Wood pulp, mechanical: Production short tons., Consumption and shipment short tons.. Stocks, end of month short tons.. Imports short tons.. Wood pulp, chemical: Production short tons. Consumption and shipment short tons. Stocks, end of month short tons. Imports short tons. Newsprint: Production short tons. Shipments short tons. S tocks short tons. Exports thous. of lbs. Prices, newsprint: Contract domestic dolls, per 100 lbs. Contract Canadian dolls, per 100 lbs. Spot market, domestic dolls, per 100 lbs. All other paper: Production short tons. Shipments short tons. Stocks short tons. Exports, printing thous. of lbs.. Paper board production: Corrugated board thous. of sq.ft.. Solid fiber board thous. of sq. ft.. Printing: Activity, weighted index number.. Paper purchases, quantities. .index number.. Paper purchases, value index number.. Sales index number.. 6 0 , <<•? 12,221 321,101 316,855 12,32/ 4.0 0.2 + 0.9 3.615 3.482 3.601 5.862 6.480 5.623 404,031 476,353 395,529 461,933 246,923 261,343 7,309 3,025 333,245 311,749 255,548 6,682 934,809 868,894 1,280,771 + 37.0 1,249,138 + 43.8 36,152 17,175 - 52.5 1919 1919 1919 1913 91,719 106,681 50,606 58,833 52,765 38,281 129,468 89,581 278,967 + 115.5 155,286 + 73.3 1919 1919 53 49 75 Sept.1920 1918 1918 1918 75 71 90 162 82 75 95 162 3.629 3.479 3.581 95 83 119 + 45.4 108 + 32.2 90 10.9 75 + 36.0 + 18.3 + 17.4 + 7.3 - 27.2 97 95 + 84 + 0.4 01 . 06 . + 17.9 + 16.8 + 5.8 + 141.6 i 82 91 133 27 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of biillptin Afar 1922 1922 Corresponding Feb., or Mar., CUMULATIVE TOTAL THROUGH LATEST MONTH. Inner tubes or decrease BASE YEAR OR PERIOD. cumulative 1921 1922 1921. RUBBER. Crude: Imports Consumption by tiremfrs Wholesale price, Para, N. Y Tires: ProductionPneumatic Solid Inner tubes... . , Domestic shipmentPneumatic Solid ... Inner tubes Stocks, end of m o n t h Pneumatic Solid I N D E X NUMBERS. Percentage increase 1922 from 1921. i 1921 1921 Percentage m- 1922 or de- Dec. Jan. Feb. 1 i 184,970 ! +139.1 66,418 +150.4 Mar. Feb. Mar. 1913 1921 1913 227 44 21 295 67 22 607 101 26 559 118 24 691 103 20 665 149 20 Mar. from Feb. thous. of lbs.. thous. of lbs.. dolls. per lb 66,744 18, 467 .163 64,215 26,771 .161 28,509 12,075 .180 77,354 26,524 thousands.. thousands.. thousands.. 2,084 2,646 49 3,018 1,163 29 1,346 2,686 73 3,004 6,785 + 152.6 128 4- 75.3 7,958 + 164.9 1921 1921 1921 45 64 66 41 81 60 101 114 92 113 114 104 115 112 115 146 + 27.0 140 + 25.6 134 + 16.2 ...thousands thousands.. thousands.. 1,562 37 1,703 2,074 1,615 44 1,644 3,654 5,233 + 43.2 118 + 14.6 5,684 + 48.9 1921 1921 1921 56 67 49 85 100 72 104 90 110 84 7G 82 82 84 74 109 + 32.8 110 + 29.7 91 + 22.8 thousands.. thousands 4,691 183 6,142 5,183 182 1921 1921 1921 123 132 109 123 119 110 88 73 104 99 79 115 111 79 134 123 + 10.5 79 — 0.5 153 + 13.8 51 32 59 35 79 49 111 + 40.1 74 + 50.0 120 + 28.4 40 + 55.4 6 + 46.7 . ..thonsnadg 39 2,597 48 2,091 6,991 103 3,817 4,597 284 5,045 - 3 . 8 + 45.0 — 12 AUTOMOBILES. Production: Passenger cars Trucks . . Shipments: By railroad Driveaways "By boat carloads.. number of machines.. number of machines . GLASS AND OPTICAL GOODS. Bottles: Production index number.. Illuminating glassware: Net orders per ct. of capacity Actual production perct of capacity Shipments billed.. per ct. of capacity.. Spectacle frames and mountings: Sales (value) index number.. Unfilled orders (value) index number.. BUILDING AND CONSTRUCTION. Buildings. Building volume index number.. Build ingests inriAT number,, Concrete factory costs index number Hotel building costs . index number . Loft office building costs . . . . index number.. Subdivided office building costs, .index number.. Contracts awarded,floorspace: Business buildings thous. of sq. ft.. Industrial buildings thous. of sq. ft.. Residential buildings thous. of sq. ft.. Educational buildings thous. of sq. ft.. Hospitals and institutions thous. of sq. ft.. Public buildings thous. of sq. ft.. Social and recreational bldgs .thous. of sq. ft.. Religious and memorial bldgs. thous. of sq. ft.. Grand total thous. of sq. ft.. Contracts awarded, value: Business buildings thous. of dolls.. Industrial buildings thous. of dolls.. Residential buildings thous. of dolls.. Educational buildings thous. of dolls.. Hospitals and institutions thous. of dolls.. Public buildings . thous. of dolls.. Public works and utilities thous. of dolls.. Social and recreational bldgs.. thous. of dolls.. Religious and memorial bldgs. thous. o f dolls.. Grand total thous. of dolls.. Firelosses thous. of dolls.. 262,041 I 109,121 152,920 number number.. 12,944 19,422 25,210 15,804 264 j 1919 1919 32,366 16,287 9,939 75 32,758 20,631 267 60,143 + 83.6 33,444 4- 62.1 587 |i4.110.0 1920 1920 1920 48 19 2 78 25 2 58 19 3 73 19 3 94 26 4 1919 19,636 10,173 180 87 68 86 83 81 98 161 148 108 132 114 98 138 136 May 1921 36.4 43.9 41.8 May 1921 May 1921 1913 1919 787 629 30,061 39,240 10,733 75,728 13,110 7,749 705 21,193 3,941 4,882 177,473 29,304 8,953 4,165 30,348 5,071 804 377 1,362 795 51,957 49,758 24,270 121,551 25,575 5,212 1,902 51,997 8,228 4,880 293,637 39,911 4,424 2,341 14,382 2,969 587 202 1,368 430 26,703 10,963 6,486 29,425 5,851 1,463 639 2,842 1,165 58,834 22,776 10,640 60,701 19,031 2,698 2,271 33,958 9,461 2,487 164,092 28,581 60,324 35,114 127,727 34,583 8,623 5,832 76,691 19,063 7,001 376,377 89,790 244 51 220 43 169 41 233 45 259 + 11.2 42 - 6.7 1913 1913 1914 1913 1913 1913 6,264 2,417 16,490 2,325 995 92 226 49 43 231 220 190 195 190 88 224 197 188 192 187 118 169 153 163 165 159 91 169 152 162 164 158 100 162 152 160 160 155 202 1919 + 82.7 + 48.2 1919 +120.6 1919 + 60.6 1919 + 72.7 j 1919 + 0.3 i 1919 3,063 + 7.8 1919 1,879 + 61.3 1919 112,279 + 90.8 1919 35 14 41 85 25 188 77 83 36 48 18 71 155 159 117 108 97 50 22 109 172 207 193 79 115 76 52 24 90 104 198 100 72 102 65 68 19 82 121 270 53 62 142 65 97 33 151 265 218 219 108 179 112 50 67 25 86 191 83 203 81 136 80 76 127 65 34 197 192 70 46 107 121 164 84 67 88 108 92 129 45 91 108 77 172 116 25 107 132 \ 237 63 51 57 156 83 131 147 + 26.8 57 +126.1 172 + 60.5 257 + 95.1 160 - 32.7 170 +169.8 124 +145.3 118 + 108.8 0.0 156 137 + 65.5 178 + 36.2 20,028 9,615 64,921 9,397 2,526 641 112,694 + 86.8 54,698 + 55:8 273,007 +113.7 50,752 + 46.8 18,330 +112. 6 3,549 - 39.1 91,925 + 19.9 18,525 - 2 . 8 13,129 + 87.5 637,430 + 69.4 107,878 + 20.1 j 1919 I 1919 11 1919 1919 1919 1919 1919 1919 1919 1919 11 1919 21 51 87 35 222 44 77 72 47 115 58 143 151 + 102.0 1.9 00 165 + 152 160 160 155 0.0 0.0 0.0 + 42.9 + 72.3 + 84.0 + 118.1 - 19.2 +309.8 + 73.1 + 26.4 + 72.8 28 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin Xfor 1922' Mar., 1922 Corresponding month, Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 or decrease BASE YEAR OR cumulative 1922 from 1921. Percentage increase ordecrease PERIOD. 1921 1921 1922 Feb. Mar. Dec. Jan. Feb. Mar. from Feb. Mar. BUILDING AND CONSTRUCTION—Con. Lumber. Southern pine: Production M ft. b. m . . 373,626 i 428,103 384,300 1,010,197 1,197,849 + 18.6 Stocks, end of month M ft. b. m . . 1,200,704 1,208,089 1,287,447 31.92 43.53 ! 40.96 Price " B " and better dolls t>er M ft b . m Douglas fir: 630,286 1,156,342 + 83.5 Production (computed) M ft. b. m . . 403,802 ! 402,459 253,368 665,651 1,045,319 + 57.0 Shipments (computed) M ft. b. m . . 346,500 367,988 277,989 12.50 12.50 ' 11.50 Price No. 1 common.. .dolls, per M ft. b. m... California redwood: 43,496 97,871 118,918 + 21.5 Production Mft. b . m . . 32,648 48,884 116,100 + 79.3 30,002 64,763 44,507 Shipments Mft. b . m . . 37,536 127,512 +109.7 60,808 34,248 Orders received Mft. b . m . . 38,841 48,604 California white pine: 9,327 7,290 5,576 14,717 36,935 +151.0 Production :..Mft. b. m . . 78,507 + 71.3 19,600 45,819 Shipments M ft. b. m . . 23,893 30,327 Stocks M ft. b. m . . 378,640 314,258 367,177 Michigan hardwood: I 27,811 69,812 51,244 - 26.6 15,869 Production Mft. b. m . . 15,904 46,607 + 55.9 29,903 13,670 15,276 Shipments M ft. b. m . . 14,730 Western pine: 63,126 110,098 136,009 + 23.5 Production Mft. b. m . . 41,793 58,831 289,882 + 87.6 154,522 63,126 Shipments . . . Mft. b . m . . 89,272 117,736 North Carolina pine: 24,423 57,183 145,670 +154.7 Production Mft. b . m . . 50,890 52,290 123,410 +123.9 55,118 20,020 Shipments M ft. b. m . . 41,090 50,050 Northern hemlock: 54,291 + 4.7 51,871 15,709 Production M ft. b. m.. 13,368 20,290 46,849 + 81.5 11,302 25,816 Shipments . : Mft. b . m . . 11,931 21,051 Northern hardwood: 93,757 + 19.2 116,065 48,279 Production M ft. b. m . . 23,660 38,698 76,575 +173.9 27,958 10,937 Shipments Mft. b . m . . 19,059 31,675 Oak flooring: 17,282 20,367 8,464 18,241 56,911 +212.0 Production Mft. b . m . 54,115 +162.4 20,622 10,474 Shipments M ft. b. m.. 16,455 22,690 23,314 53,148 +128.0 12,742 Orders booked M ft. b. m.. 16,063 23,479 39,998 28,856 28,090 Stocks end of month M ft b . m 24,935 Unfilled orders end of month M ft b m 20,907 3,666 434,517 + 92.5 225,704 73,180 Exports, planks, scantling, joists M ft. b. m . . 125,973 159,869 Brick. Clay fire brick: Production Shipments . Stocks end of month New orders Unfilled orders Silica brick: Production Shipments Stocks end of month Face brick: Production Stocks in sheds and kilns Unfilled orders Shipments Prices: Common red, New York. Common salmon, Chicago dolls, per thous.. dolls, per thous.. Cement. Production Shipments Stocks, end of month Price, Portland thous. of bbls.. thous. of bbls.. thous. ofbbls.. dolls, per bbl.. 42,626 38,694 149,034 31,537 43,098 42,284 31,923 134,275 17,196 41,839 136,826 112,974 107,430 - 21.5 100,038 - 11.5 57,961 98,700 + 70.3 6,663 7,263 35,743 9,120 7,837 36,944 8,927 4,763 44,934 29,112 18,412 thousands.. 22,926 151,769 thousands 44,513 thousands thousands.. 18,392 . 42,133 156,906 59,852 37,491 18,611 137,994 30,668 24,463 51,758 16.25 8.55 16.25 11.58 34,683 thousands. thousands.. 30,043 146,911 thousands thousands.. 35,941 30,357 thousands thousands.. thousands.. thousands 16.75 8.38 44,795 22,364 j - 23.2 23,346 + 26.8 90,390 + 74.6 70,785 !+ 58.0 15,254 + 0.1 15,240 4,278 6,685 6,763 13,218 + 9.3 7,002 3,285 6,221 12,091 14,142 13,824 12,000 1.50 1.50 1.70 * Ten months' average, March to December, inclusive. 1917 1917 1913 79 71 92 94 88 94 148 94 139 82 88 189 85 182 57 73 86 136 136 99 93 125 100 102 125 116 64 1918 1918 1918 90 60 116 105 105 100 120 87 132 63 119 117 105 139 135 1918 1918 1918 10 11 50 61 138 109 150 39 76 18 59 140 1917 1917 49 62 31 15 28 1917 1917 20 44 1919 1919 1917 1917 1913 143 189 107 136 75 142 + 14.6 + 0.6 178 — 5.9 101 88 115 114 — 0.3 125 — 8.0 + 6.2 + 49.7 156' + 18.6 169 + 25.1 130 14 - 21.8 + 26.9 118 — 17.6 95 i 35 35 38 43 34 30 31 56 33 31 37 52 57 75 75 81 107 63 60 71 62 126 124 100 149 128 153 126 1913 1913 46 24 42 26 47 55 35 54 38 33 58 1913 1913 135 37 170 52 137 108 111 102 84 43 75 125 1913 1913 1913 1913 1913 1913 83 99 88 127 174 262 301 214 289 249 223 259 274 242 305 378 385 312 443 56 37 31 209 444 263 321 51 41 288 85 305 293 83 83 67 60 59 62 68 288 71 156 + 2.8 + 21.8 + 51.8 + 76.4 + 63.6 + 66.2 17.9 37.9 46.2 2.7 19.3 26.9 84 76 81 70 63 89 97 33 105 54 100 40 61 106 70 60 45 25 25 32 1919 1919 1919 66 63 34 34 47 40 52 98 108 93 59 87 86 88 1919 1919 1919 < 1920 0.2 3.7 + 40.8 + 31.9 + + + 344 + 90 + 1919 1919 1919 1919 1919 59 + + 22.9 + 28.8 107 + 1.4 61 - 12.3 46 + 42.0 47 65 52 56 + 36.9 + 7.9 + 3.4 34 41 85 56 51 93 173 155 181 173 176 + 83.8 + 3.4 + 34.5 +103.8 33 36 40 37 170 52 36 75 71 46 57 116 1913 1913 251 248 235 221 232 255 248 181 170 170 173 1913 1913 1913 1913 57 88 84 85 56 56 44 87 40 126 123 + 56.3 +113.2 - 2.0 148 148 0.2 227 45 102 107 50 106 171 170 148 119 148 69 95 - 3.0 + 2.0 29 TREND OF BUSINESS MOVEMENTS—Continued. Percentage! increase NUMERICAL DATA. SOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. BUILDING AND CONSTRUCTION-Con. Sanitary Ware. Baths, enamel: Orders shipped number. Stocks number. Orders received number. Lavatories, enamel: Orders shipped number. Stocks number. Orders received number. Sinks, enamel: Orders shipped number. Stocks number. Orders received number. Miscellaneous, enamel: Orders shipped number. Stocks number. Orders received number. Sanitary pottery: Orders received number pieces per kiln. Abrasive Paper a n d Cloth. Domestic sales reamsForeign sales reams. _ . HIDES. Imports: Total hides and skins thous. of lbs. Calfskins thous. of lbs. Cattlehides thous. of lbs. Goatskins thous. of lbs. Sheepskins thous. of lbs. Stocks, end of month: Total cattle hides thous. of lbs.. Totalcalf and kip skins .thous. of lbs.. Total sheep and lamb skins thous. of lbs.. Total hides and skins thous. of lbs Prices: Green salted, packer's heavy native steers dolls, per l b . . Calfskins, country No. 1 dolls, per l b . . ^ _ _ A. LEATHER. Production: Sole leather thous. of sides. Skivers doz. Oak and union harness stuffed sides.. Finished sole and belting thous. of lbs.. Finished upper thous. of sq. ft.. Stocks, end of month: Sole and belting thous. of lbs Upper thous. of sq. ft.. Stocks, in process of tanning: Soleand belting thous. of lbs.. Upper thous. of sq. ft.. Exports: Sole thous. oflbs.. Upper thous. of sq. ft.. Prices: Sole, hemlock, middle No. 1 dolls, per l b . . Chrome calf, " B " grades dolls, per sq. ft.. Leather Products. Belting sales: Quantity thous. oflbs.. Amount thous. of dolls.. Boots and shoes: Production thous. of pairs.. Exports thous. of pairs.. Price, wholesale, men's black calf blucher dolls, per pair.. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 or decrease (-) cumulative 1922 from 1921. Percentage increase (+> or decrease INDEX NUMBERS. BASE YEAR OR |1921 1921 1922 PERIOD. Feb. Mar. Mar. from Feb. Feb. Mar. Dec. Jan. 1919 1919 1919 71 280 30 78 301 42 112 126 60 140 127 84 152 135 70 + 24.1 167 + 24.4 91 + 29.9 1919 1919 1919 136 59 65 129 84 73 99 138 73 109 154 73 199 + 28.9 90 + 24.3 130 + 40.2 128 105 106 71 135 103 96 135 103 81 166 |!+ 23.2 122 !]+ 18.1 108 j 33.2 129 118 78 97 115 71 137 104 130 125 101 84 158 + 26.7 108 + 6.9 ;!+ 36.4 I 65,243 70,587 63,815 27,157 127,128 29,460 70,654 91,039 101,566 126,228 68,414 95,891 59,263 117,204 53,481 73,660 90,764 129,505 152,980 71,434 95,137 74,100 166,243 +124.3 67,102 171,369 +155.4 168,171 224,740 + 33.6 149,349 244,429 + 63.7 69,623 107,730 59,456 162,783 238,301 + 46.4 151,141 251,362 + 66.3 44,912 86,334 48,062 36,737 94,389 32,810 93,969 119,189 + 26.8 77,120 137,847 + 78.7 1919 1919 1919 225 139 299 +228.4 1919 32 85 124 52 59,418 5,461 74,634 7,506 41,404 3,393 100,604 10,918 191,181 + 90.0 18,488 + 69.3 1919 1919 61 j l 37 | l 66 j 84 53 ! 60 87 60 110 !;+ 25.6 82 ! + 37.4 35,190 3,013 23,286 5,563 2,294 30,344 1,971 14,908 6,908 4,517 20,185 2,881 12,935 1,305 2,276 63,665 6,791 41,581 5,321 6,955 65 82 44 122 71 i|- 13.8 - 34.6 - 36.0 24.2 277,160 274,082 45,362 46,416 32,612 29,852 355,134 350,350 .160 .138 1,466 17,021 65,067 24,200 70,296 '52,575 56,759 49,134 35,446 80,742 35,240 93,367 7,256 54,128 18,001 10,024 + 46.7 + 6.8 + 30.2 +238.3 + 44.1 1919 1919 1919 101 52 1909-13 1909-13 1909-13 1909-13 1909-13 50 33 73 24 49 47 42 68 16 43 387,759 55,495 32,427 475,681 1921 1921 1921 1921 116 120 95 115 114 95 98 110 .139 .135 .115 .125 1913 1913 1,473 19,451 78,100 25,275 77,510 1,351 16,867 70,194 25,502 48,955 204,471 200,072 431,704 449,915 103,311 99,514 181,885 175.300 3,720 45,088 169,401 69,151 118,827 4,593 55,422 202,982 76,961 222,369 + + + + + 23.5 22.9 19.8 11.3 87.1 58 189,033 485,069 1921 1921 95 101 - 13.1 115 111,082 152,586 1921 1921 100 85 527 2,209 .350 .465 .350 .425 .370 .525 4,303 8,218 595 1,266 3,408 29,686 455 1,125 6.75 6.62 7.25 595 63 60 93 134 66 111 127 101 100 107 1913 1913 1913 1913 600 24,900 390 3,457 - 19.7 18,076 + 120.0 0.0 - 21.2 1913 126 63 107 129 78 113 94 121 78 129 82 99 134 103 100 106 102 103 - 2.2 106 + 4.2 95 109 111 90 107 - 3.6 + + + + + 0.5 14.3 20.0 4.4 10.3 55 + 38.5 91 + 44.4 50 135 195 131 195 121 186 121 173 124 173 139 134 67 38 46 + 19.2 54 + 16.7 233 217 217 217 213 - 1.9 124 158 0.0 1913 1913 79,760 1,167 - 65.8 82 I- 2.2 72 112 74 99 84 1,435 8,078 300 501 86 14 . — 1.1 + 2.3 -8.5 - 1.3 82 63 1919 1919 1919 1921 1921 1,036 5,595 52 1913 30 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Mar., 1922 Feb., 1922 CHEMICALS. Production: 7,942 11,134 Acetate of lime thous. of lbs.. Wood alcohol galls. 433,024 587,928 47,097 64,563 Consumption, wood, carbonized cords. Stocks, wood cords. 942,660 Imports: 20,793 21,925 Potash long tons. 19,160 23,452 Nitrate of soda long tons. Exports: 1,003 Sulphuric acid thous. of lbs. 338 498 Dyes and dyestuffs thous. of dolls. 51,656 Total fertilizer long tons. Price index numbers: Crude drugs index number. Essential oils index number. Drugs and pharmaceuticals.. .index number. Chemicals weighted index number. .008 .008 Price, sulphuric acid 66° N. Y dolls, per lb. Corresj)onding month, Feb., or Mar., 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease BASE YEAE OR cumulative 1922 from 1921. 1921 1922 or decrease PERIOD. 5,604 18,309 27,570 + 50.6 403,838 1,262,760 1,473,652 + 16.7 141,512 43,445 159,724 + 12.9 676,765 1921 Percentage increase 1921 1922 Feb. Mar. Dec. Jan. 1920 1920 1920 1920 47 65 58 80 71 70 60 102 71 73 64 104 66 70 63 111 81 12 83 22 98 44 8,496 46,201 20,027 156,038 60,309 +201.1 52,082 - 66.6 1909-13 1909-13 40 107 673 718 64,408 4,863 2,602 246,853 2,357 - 51.5 1,493 - 42.6 185,233 - 25.0 1909-13 1909-13 1909-13 110 2,480 62 Aug., 1914 Aug., 1914 Aug., 1914 1914 1913 .010 145 98 Feb. Mar. 93 94 86 117 & from Feb. + + + + 40.2 35.8 37.1 5.4 104 + 5.4 54 + 22.4 107 119 102 163 + 60.2 .362 2,271 1,167 1,722 + 47.3 64 + 28.9 50 65 141 178 141 157 100 132 137 118 145 85 134 136 117 144 80 139 136 115 148 80 155 + 11.5 135 - 0 7 . 116 0.9 156 + 5.4 0.0 36 + 6.5 380 + 62.5 FATS AND OILS. Total vegetable oils: Exports .. Imports Oleomargarine: Production Consumption thous. of lbs. thous. of lbs. 9,825 50,008 10,459 81,270 36,811 11,162 148,407 32,398 - 78.2 180,338 +169.6 1913 1913 127 52 43 149 42 229 34 thous. of lbs. thous. of lbs. 17,780 12,195 15,262 21,589 21,361 45,155 64,346 33,947 - 24.8 44,344 - 31.1 6 1913 1913 194 180 152 164 134 142 147 103 + 25.1 tons.. 256,872 107,058 302,926 59 121 82 50 - 58.3 69,952 91,321 .101 164,327 149,526 .062 274 72,237 .115 167 202 115 164 154 118 117 140 139 100 - 14.1 110 - 20.9 159 + 13.9 204 66 257 120 430 50 22 27 + 26.0 12 + 81.8 120 65 86 127 56 77 6 55 - 28.3 12 + 95.4 136 131 84 1,110 1,635 58 5 - 35.3 - 35.9 6,647 7,232 9,354 20,631 20,336 - 15,356 9,283 17,747 10,991 107,791 22,700 11,536 14,371 99,764 20,220 14,135 20,763 35,654 22,558 15,599 9,732 7,893 7,500 9,720 6,000 9,100 7,725 6,000 1.400 1.382 1.352 1.357 1.650 1.679 1913 1913 7.975 7.813 8.730 6.700 6.781 7.S Cottonseed. Cottonseed stocks Cottonseed oil: Stocks Production Price, New York thous. of lbs. . . .thous. of lbs. dolls, per lb. 1919 83 1919 1919 1913 97 302 - - 21.9 7.9 1913 1913 10 367 +178.0 343 +139.9 1913 1913 23 44 1913 1913 509 60 476 59 1.4 1913 40 61 44 + 56,575 40,384 - 28.6 1913 65 59 51 - 39.5 70,943 40,347 - 43.1 60,378 37,006 - 17.0 - 25.7 194 130 67 75 174 72,745 49,785 1913 1913 1919 1919 25,090 21,314 29,056 + 15.8 26,604 + 24.8 483,222 264,264 + 45.3 85 Flaxseed. Receipts: Minneapolis thous. of bushs. Duluth thous. of bushs. Shipments: Minneapolis thous. of bushs. Duluth. thous. of bushs. Stocks: Minneapolis thous. of bushs. Duluth thous. of bushs. Linseed oil: Shipments from Minneapolis thous. of lbs. Linseed-oil cake: Shipments from Minneapolis.. .thous. of lbs. 977 132 143 37 170 8 8.8 FOODSTUFFS. Wheat. Exports, including flour thous. of bushs. Visible supply thous. of bushs. Receipts, principal markets thous. of bushs. Shipments, principal markets.. .thous. of bushs. Wheat flour: Production thous. of bbls. Consumption thous. of bbls. Stocks thous. of bbls. Prices: No. 1, northern, Chicago dolls, per bush. No. 2, red winter, Chicago.. .dolls, per bush. Flour, standard patents, Minneapolis dolls, per bbl. Flour, winter straights, Kansas City dolls, per bbl. 126 235 55 57 92 210 72 58 121 194 64 71 64 91 115 82 110 77 100 97 80 101 + 1 0 . 119 + 23.1 64 - 20.0 185 195 181 170 137 119 141 121 153 140 148 138 - 1913 200 191 150 153 174 171 1913 207 208 152 153 174 176 1914 1919 1919 126 264 76 + + 30.8 7.4 10.9 22.5 3.4 1.8 - 2.0 6 Average forfiscalyear ending June 30 of year indicated. + 12 . 31 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items arc given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. INDEX NUMBERS. Percentage increase (+ ) CUMULATIVE TOTAL THROUGH LATEST MONTH. orde- BASE YEAR OR 1921 1921 Percentage increase 1922 or decrease cumulative 1922 from 1921. PERIOD. 27,995 64,627 +130.9 99,517 51,908 141,462 + 42.1 85,126 + 64.0 1913 1913 1919 1919 203 294 175 152 324 420 227 239 248 323 265 197 347 332 527 533 389 360 1913 106 104 77 77 91 92 + 1913 19 19 17 14 92 +535.3 1913 115 115 97 100 106 1913 91 107 57 29 32 1913 110 93 101 1921 1922 Feb. Mar. Dec. Jan. Feb. Mar. from Feb. FOODSTUFFS—Continued. Corn. Exports, including meal thous. of bushs. Visible supply thous. of bushs. Receipts, principal markets thous. of bushs. Shipments, principal markets.. .thous. of bushs. Prices, contract grades, No. 2, Chicago dolls, per bush. 22,254 44,767 58,330 31,842 22,936 51,040 31,035 23,891 .572 .575 .649 436 2,770 408 dolls, per bush. .393 .432 thous. of bushs. 836 1,567 13,681 35,277 33,973 21,102 460 543 + 3.1 607 + 14.0 - 46.8 270 - 25.0 0.5 Other Grains. Oats: Exports, including meal Prices, contract grades, Chicago Barley: Exports Price, fair to good, malting, Chicago Rye: Exports, including flour Price, No. 2, Chicago thous. of bushs. 3,717 + 91.8 5,882 dolls, per bush. .633 .644 1,209 .992 954 1.021 1,765 1.446 11,081 Total grain exports, incl. flour.. .thous. of bushs. Car loadings of grain and grain products cars. 35,355 51,199 41,867 41,184 25,872 37,208 993 102,038 1,302 119,813 33.344 70.7 .714 thous. of bushs. dolls, per bush. 1,722 - 1.3 57 + 79,8 103 + 1.7 745 127 615 - 21.1 780 156 I 164+ 2.9 139 108 176 129 170 202 + 18.4 131 , 106- 19.6 - 135 170 K5 159 141 163 167 214 + 31.1 196 + 17.4 145 147 109 131 166 + 26.9 1919 1919 1919 1919 239 53 36 124 197 49 34 145 155 51 51 114 185 57 63 75 204 61 39 128 190 38 31 213 - 6.8 - 37.2 - 20.0 + 66.9 1919 1919 1919 1919 1919 210 99 79 102 172 127 84 107 99 208 313 85 65 60 169 249 60 103 96 158 178 70 91 59 124 111 43 139 38 155 + — + 37.5 38.6 53.0 35.0 25.2 76 67 54 83 93 58 88 I 109 64 j 83 76 56 65 69 35 99 74 79 75 53 81 67 33 111 85 69 66 55 72 91 31 98 74 79 71 64 87 131 29 + + + + + - 14.5 7.8 16.0 20.9 43.6 6.0 11 . 0.0 3.1 2,482 1,142 1,286 234 227 135 70.1 1913 1913 105,529 114,201 113,730 + 7.8 142,843 + 25.1 1913 1919 180 94 125 95 825 103,701 1,945 336,913 3,262 + 67.7 308,106 - 8.6 1919 1919 78 198 42,304 37,449 109,637 94,241 - 14.0 1919 165,329 154,055 15,588 9,792 5,345 4,275 40,087 66,903 160,094 12,695 4,642 45,579 596,756 40,956 15,396 124,514 469,936 40,108 18,376 130,662 - 21.3 - 2.1 + 19.4 + 4.9 18,439 41,842 5,531 30,431 11,690 49,794 3,353 23,568 + - 4,399 1,674 608 2,671 51,941 4,666 1,890 758 2,743 39,321 + 6.1 + 12.9 + 24.7 + 2.7 - 24.3 3,317 - 105 - Total Grains. Other Crops. Rice: Receipts at mills thous. of bags. Shipments, total from mills thous. of lbs. Shipments, through New Orleans thous. of lbs. Stocks, end of m o n t h Domestic, at mills and dealers thous. of lbs. Foreign, in warehouses thous. of lbs. Imports thous. of lbs. Exports thous. of lbs. Apples: Cold-storage holdings thous. of bbls. Car lot shipments carloads. Potatoes, car lot shipments carloads. Onions, car lot shipments carloads. Citrus fruit, car lot shipments carloads. 3,090 4,731 13,596 1,019 6,684 1,931 2,904 20,799 662 8,371 2,210 5,695 16,087 1,724 11,239 1,416 586 243 822 12,404 73,782 336,393 329,038 1,622 632 282 994 17,808 69.341 1,565 600 237 948 12,627 138,345 302,992 286,107 36.6 19.0 39.4 22.6 124 Cattle and Beef. Receipts, primary markets thousands. Shipments, primary markets thousands. Shipments, stocker and feeder thousands. Slaughter thousands. Exports of beefproducts thous. of lbs. Cold-storage holdings of beef thous. of lbs. Inspected slaughter production thous. of lbs. Apparent consumption thous. of lbs. Prices, Chicago: Cattle, corn-fed. dolls, per 100 lbs. Beef, fresh native steers dolls, per 100 lbs. Beef, steer rounds, No. 2 dolls, per 100 lbs. 8.638 14.50 12.80 8.731 14.50 13.20 653,407 718, 111 + 709,031 + 3.9 8.5 9.563 16.30 15.00 1919 1919 1919 1919 1913 1919 1913 1919 52 38 64 107 61 1913 1913 1913 110 124 109 112 126 115 97 127 83 96 119 90 102 112 97 103 + 112 101 + 1919 1919 1919 1919 1913 1913 1919 107 116 68 103 184 138 111 90 106 108 84 174 110 133 105 148 47 84 130 133 168 114 150 36 98 156 144 172 97 111 83 90 168 123 141 91 99 99 89 152 Hogs and Pork. Receipts, primary markets Shipments, primary markets Shipments, stocker and feeder Slaughter Exports, pork products Inspected slaughter production Apparent consumption thousands. thousands. thousands. thousands. thous. of lbs. thous. of lbs. thous. of lbs. 3,612 3,411 1,327 1,181 62 74 2,285 2,246 138,055 124,411 594.090 393,499 12,091 3,382 11,301 - 6 . 5 4,318 4,295 - 0.5 1,261 175 163 - 6.9 81 7,755 7,015 - 9.5 2,119 456,198 - 14.5 143,168 8.6 664,634 1,408,762 1,287,110 875,582 + 10.2 734,392 312,003 -5.6 - 11.0 + 19.4 -1.7 -9.9 32 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. FOODSTUFFS—Continued. Hogs and Pork—Continued. Cold-storage holdings, pork products thous. of lbs. Prices: Hogs, heavy, Chicago dolls, per 100 lbs. Pork, loins, fresh, Chicago..dolls, per 100lbs. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage 1922 ordecumulative 1922 from 1921. BASE YEAB OR PERIOD. 1921 1921 Percentage increase 1922 or decrease Feb. Mar. Dec. Jan. Feb. Mar. 608,747 675,274 971,520 1919 9.900 16.90 10.338 19.80 25.30 1913 1913 113 170 95 1,399 656 169 760 30,754 1,465 677 143 780 1919 1919 1919 1919 1913 77 57 15 100 85 73 73 35 76 66 81 73 32 2,863 2,872 38,520 458 77 47 6.094 14.175 7.094 14.563 4.031 10.031 129 81 135 112 156 21,472 37,621 18,623 25,526 14,059 33,411 40,734 53,634 + 31.7 1919 1919 28,194 80,216 63,309 - 21.1 1919 44,919 14,586 1,947 35,593 12,675 1,977 94,528 35,336 3,793 125,510 + 32.8 36,589 + 3.5 3,778 - 0.4 22,582 15,006 13 9,024 10,731 14,732 14,294 1,926 .375 .208 .371 .199 .455 .250 909 2,895 Receipts, Louisiana crop long tons.. Imports, raw long tons.. 448,321 571,836 Meltings, raw long tons.. 415,723 535,357 Stocks, raw long tons.. 163,817 273,811 108,468 Exports, refined long tons.. Prices: .038 Wholesale, 96° centrifugal, N.Y.dolls, per lb.. .052 Wholesale, refined, N . Y dolls, per lb.. Retail, average 51 cities index number.. 1,604 374,090 433,186 172,679 11,428 Sheep a n d M u t t o n . Receipts, primary markets thousandsShipments, primary markets . thousands. Shipments, stocker and feeder thousands. Slaughter thousands. Inspected slaughter production thous. of lbs. Cold-storage holdings, lamb and mutton thous. of lbs.. Prices: Sheep, ewes, Chicago dolls, per 100 lbs. Sheep, lambs, Chicago dolls, per 100 lbs. Fish. Total catch thous. of lbs. Cold-storage holdings, 15th of mo...thous. of lbs. 1,750 1,053 38,942 5,058 1,966 238 3,089 83,043 2,220 495 2,465 68,269 - 7.1 + 12.9 +108. 0 - 20.2 - 17.8 105 705 1913 1913 107 60 67 93 108 from Feb. + 10.9 124 + 4.4 133 + 17.2 65 56 25 74 + + + 4.7 3.2 15.4 2.6 72 34 34 + 0.3 + 16.4 + 2.7 52 96 107 - 13.3 41 - 32.1 40 31 35 + 25.3 1919 1919 1919 78 78 166 81 69 45 91 66 68 + 15.5 90 + 28.9 164 39.8 1916-20 1916-20 1916-20 38 52 86 74 24 62 58 5 16- - 60.0 29 - 28.5 26 1919 1919 77 80 73 62 67 85 Dairy Products. Condensed and evaporated milk: Exports thous. of lbs.. Receipts of 5 markets: Butter ...thous. of lbs. Cheese ...thous. of lbs. . .thous. of cases. Cold-storage holdings: Creamery butter thous. of lbs. American cheese thous. of lbs. ..thous. of cases. Wholesale prices at 5 markets: Butter ...dolls, per lbs. ...dolls, per lbs. Cheese 19,951 11,319 1,026 25,006 63 67 63 - 1.1 64 - 4.3 Sugar. Coffee. Imports Visible supply: World United States Receipts, total, Brazil Clearances: Total, Brazil, for world Total, Brazil, for U. S 7,131 753,606 825,482 11,843 + 66.1 1,335,096 + 77.2 1,242,681 + 50.5 54,514 232,623 +326.7 + + + + 68.6 27.6 28.8 67.1 79.6 8 151 80 120 593 18 6 50 245 10 100 179 255 326 213 90 128 165 78 133 90 172 287 65 181 387 1,077 2,159 2,045 3,673 1913 1913 1913 .061 .078 1913 1913 1919 1919 1909-13 151 166 162 173 184 176 106 117 118 104 112 113 107 115 116 112 + 2 6 . 121 + 6 1 . 118 + 1 7 . 1909-13 172 187 202 158 127 - 10.0 1913 1913 1913 76 100 75 108 90 79 85 123 78 73 111 141 m 80 77 106 thous. of lbs. 106,847 96,132 141,729 thous. of bags. thous. of bags. thous. of bags. 9,404 1,453 1,009 9,185 1,195 913 8,842 2,046 857 2,795 + thous. of bags. thous. of bags. 968 327 1,159 464 1,154 712 3,219 1,986 1,290 - 35.0 1913 1913 109 173 117 181 96 110 127 127 thous. of lbs. 5,030 6,617 5,387 11,345 18,613 + 64.1 1909-13 33 65 135 85 61 + 31.6 Production (tax-paid withdrawals): Large cigars millions. Small cigarettes millions. Manufactured tobacco and snuff .thous. of lbs. 447 3,126 32,456 529 3,636 38,120 561 4,470 35,478 1,521 12,491 92,638 1,419 - 6.7 10,468 - 16.2 104,791 + 13.1 1913 79 1913 1913 318 345 81 96 73 231 68 70 286 92 71 241 84 !+ 18.3 280 + 16.3 103 :+ 17.5 - 15.9 6.8 + 5.2 78 - 2.3 63 - 17.8 96 - 9.5 117 + 19.7 118 + 41.9 Tea. Imports TOBACCO. 6 Index number less than 1. Very large percentage increase. 33 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. CorrespondFeb., 1OT2 TOBACCO—Continued. Exports, unmanufactured leaf thous. of lbs.. 25,635 Price, wholesale, Burley good leaf, dark red, Louisville i dolls, per 100 l b s . . 27.500 Stocks (reported quarterly): 8 1,175 Chewing,smoking,snufl,export.mills. of lbs.. Cigar tobacco mills. of lbs.. «313 Total, including imported mills, of lbs.. •1,562 TRANSPORTATION—WATER. Canal Cargo Traffic. Panama Canal: American vessels thous. of long tons.. British vessels thous. of long tons.. Total cargo traffic thous. of long tons.. Mar., 1922 moni # Feb., or Mar., 1921. CUITULATIVE TOTAL THROUGH LATEST MONTH. 1921 134,032 1922 Percentage increase <+) ordecumulative 1922 from 1921. I N D E X NUMBERS. BASE YEAR OR 1921 1922 1921 or decrease PERIOD. Feb. Mar. Dec. Jan. Feb. Mar. 1909-13 133 145 124 103 82 32.500 1913 246 246 208 208 208 1,363 368 1,819 1913 1913 1913 117 99 147 145 85 127 435 1915 1915 1915 239 146 234 209 221 188 190 234 198 151 198 U. from Feb. 105 + 28.6 208 151 206 32,967 45,445 27.500 1,303 402 1,785 380 276 838 Percentage increase 90,867 - 32.2 953 0.0 208 161 + 10.9 109 + 28.4 145 + 14.3 Vessels i n Foreign Trade. Entered in U. S. ports: American Foreign Total Cleared from U. S. ports: American Foreign Total thous. of net tons.. thous. of net tons.. thous. of net tons.. 1,832 2,295 4,127 2,127 2,626 4,753 2,373 2,246 4,619 7,172 6,444 13,616 5,922 - 17.4 6,852 + 6.3 12,774 - 6.2 1913 1913 1913 195 61 97 202 69 104 217 71 109 167 156 70 181 + 16.1 80 + 14.4 107 + 15.2 thous. of net tons.. thous. of net tons.. thous. of net tons.. 1,856 2,169 4,025 2,181 2,684 4,864 2,098 2,396 4,494 6,306 7,000 13,307 6,080 - 3.5 6,788 - 3.0 12,875 - 3.2 1913 1913 1913 161 66 168 74 100 195 80 112 164 148 67 90 174 + 17.5 83 + 23.7 108 + 20.8 134 197 6 901 146 1920 1921 85 97 - 79.2 95,361 88,491 97,634 72,566 245,100 206,746 171,119 255,055 495,904 1919 1919 1919 211 229 218 373 255 100 77 599 423 334,628 320,083 769 827 28,348 2,112 2,357 26 8 123 270,319 699 24,913 2,633 1919 1919 1919 1913 1919 1913 5 1913 2 2 3 161 85 91 111 294,473 73,585 401,427 324,501 47,771 284,217 88,463 406,496 384,646 9 5,165 1913 1913 1913 1913 1913 1913 161 154 159 212 1,588 480 1921 1914 i« 1915 Ship Construction. Vessels under construction, .thous. of gross tons.. New vessels completed thous. of gross tons.. 17 + 47.0 2 - 84.2 TRANSPORTATION—RAIL. Freight Cars. Surplus: Box number.. Coal number.. T otal number.. Shortage: Box number.. Coal number.. Total number.. Bad order cars, total number.. Car loadings, total thous. of cars.. Freight carried mills, of ton-miles.. Pullman passengers carried thousands.. Railroad F i n a n c e s . Revenue: Freight thous. of dolls.. Passengers thous. of dolls.. Total, operating thous. of dolls.. Operating expense thous. of dolls.. Net operating income thous. of dolls.. Receipts per ton-mile index number.. 54,738 7,598 55,447 + 6,914 - 13 . 90 . 233 293 248 161 193 175 116 129 129 108 - 7.2 96- - 25.7 109 - 15.6 179 87 98 129 208 85 94 113 3 1 3 219 92 99 118 2 2 2 222 96 104 102 1 2 2 212 103 163 154 167 192 86 172 156 145 155 186 49 166 128 157 179 () • 174 181 169 180 220 51 186 103 100 102 102 100 99 96 100 97 96 100 100 97 103 +. 2.6 . 101 + 1 3 . 100 + 3 1 191 168 176 119 19 31 195 185 191 117 15 28 200 187 188 106 12 16 208 337 262 + 31.6 23.0 29.4 4.3 7.5 114 + 11.6 LABOR. Number employed: United States (1,428 firms) thousands.. 1,565 1,605 New York State thousands.. 478 484 Wisconsin index number.. Total pay roll: New York State thous, of dolls.. 11,563 11,901 Wisconsin index number.. Av. weekly earnings, Wisconsin, .index number.. Unemployment, Pennsylvania number.. 308,540 278,850 Immigration number.. 17,643 14,803 Emigration number.. 14,423 * Average for fiscal year ending June 30 of year indicated. • Index number less than 1. 100797°—22 3 12,955 38,583 34,794 - 9.8 1914 214 218 " 1915 218 213 10 1915 214 216 233,645 n 1921 217,014 55,079 - 74.6 74,147 1913 85,245 38,277 - 55.1 1913 10 8 First quarter of year. Previous quarter, Jan. 1. 11 Nine months' average, April 9 Deficit. 95 198 179 122 67 to December, inclusive.. + 2.9 + 1.1 - 1.6 - 9-6 - 16.1 -42.7 34 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consilit index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage ncrease 1922 or decrease BASE YEAR OR cumulative 1922 from 1921. Percentage increase 1922 PERIOD. 1921 1921 or decrease Feb. Mar. Dec. J a n . Feb. Mar. U. from Feb. PRICE INDEX NUMBERS. Farm price: Crops indfix nnmhfir. . . .index number.. Live stock . Wholesale prices: Department of LaborFarm products Food, etc index number.. Cloths and clothing . . .index number.. Fuel and lighting . . .index number.. Metals and metal produ ctsindex number.. Building material . index number.. Chemicals and drugs... . index number.. House-furnishing goods . . index number.. . . .index number.. Miscellaneous All commodities . . .index number.. Fed. Reserve Board (Dept. of Labor prices)— Agricultural products.. .. .index number.. Animal products . . .index number.. Forest products . . .index number.. Mineral products . . .index number.. Total raw products . . .index number Producer's goods . . .index number.. Consumer's goods . . .index number.. . . .index number.. All commodities Federal Reserve Board I n d e x Goods imported .index number.. Goods exported . . .index number.. All commodities . . .index number.. Dun's Bradstreet's . . .index number.. . . .index number.. Retail prices, food Cost of living: National Industrial Conference BoardFood index number.. Shelter index number Clothing . . .index number.. Fuel and light . . . . . . index number Sundries . . .index number.. All items weighted.... ...index number.. Foreign wholesale prices: United Kingdom . . .index number . . .index number.. France . .index number. Italy Germany -•.-•,- . . .index number Canada . . index number Australia . . . . .index number India . . .index number.. Japan . . .index nnmhfir.. 1913 1913 120 117 113 123 98 91 100 95 112 108 + 117 + 1913 1913 1913 1913 1913 1913 1913 1913 1913 1913 129 150 198 218 146 221 178 277 180 167 125 150 192 207 139 208 171 275 167 162 113 139 185 187 119 203 161 218 148 149 116 134 183 183 117 202 159 214 146 148 126 138 183 183 115 202 159 213 150 151 128 138 182 183 114 202 159 213 153 152 + 1913 1913 1913 1913 1913 1913 1913 1913 145 114 225 207 164 155 171 167 136 116 210 197 157 149 168 162 129 102 208 178 146 130 155 149 129 107 207 176 147 127 151 148 139 116 207 176 153 127 153 151 141 118 207 176 153 128 153 152 + + 1913 1913 1913 1913 1913 1913 113 140 157 150 129 158 114 129 152 144 123 156 111 141 142 136 123 150 110 139 142 136 124 142 110 142 146 140 126 142 Jy ,1914 Jv 1914 Jy., 1914 Jy., 1914 Jy., 1914 Jy.,1914 172 166 174 198 190 176 158 171 174 187 185 169 152 169 157 179 178 163 150 169 156 178 178 161 142 169 156 177 177 158 162 159 158 192 189 1913 326 314 306 377 360 1913 595 562 613 604 1913 Jy., 1914 1,419 1,410 3,467 3,814 4,713 170 168 169 199 194 1913 148 147 147 192 181 Jv 1914 174 180 178 179 175 Jy., 1914 206 204 209 195 191 1913 1.8 8.3 1.6 0.0 - 0.5 0.0 - 0.9 0.0 0.0 0.0 + 2.0 + 0.7 + 1.4 1.7 0.0 0.0 0.0 0.8 0.0 0.7 111 144 147 137 125 139 + + + — - 0.9 1.4 0.7 2.1 0.8 2.1 139 165 154 174 174 155 - 2.1 - 2.4 1.3 -1.7 -1.7 1.9 + 160 + 307 + 1.3 0.3 166 - 1.8 182 + 1.7 201 1.5 DISTRIBUTION MOVEMENT. Mail-order houses, total sales Sears, Roebuck & Co Montgomery Ward & Co Chain stores, total sales & F W Woolworth Co S. S. KresgeCo McCrory Stores Corp S. H. Kress & Co J. C. Penney Co United Cigar Stores Co.... Owl Drug Co.. thous. of dolls.. thous. of dolls.. thous. of dolls.. thous. of dolls.. t.hnns nfrinlls . . .thous. of dolls.. thous of dolls ...thous. of dolls.. thous. of dolls ...thous. of dolls.. ...thous. of dolls.. 18,198 12,413 5,785 16,749 10,095 3,763 1,056 1,835 2,395 4,794 766 23,832 15,801 8,031 19,677 11,847 4,481 1,215 2,134 3,153 6,013 860 fc Includes Woolworth, Kresge, McCrory, and Kress only. 27,502 20,106 7,396 20,133 11,831 4,642 1,185 2,475 3,732 6,413 864 68,287 49,707 18,580 49,765 29,305 11,325 3,034 6,098 9,223 18,095 2,533 61,812 42,402 19,410 52,146 31,462 11,842 3,241 5,601 7,713 15,705 2,424 - 9.5 - 14.7 + 4.5 + 4.8 + 7.4 + 4.6 + 6.8 - 8.2 - 16.4 - 13.2 -4.3 1913 1913 1913 1913 1913 1913 1913 1913 1913 1913 1913 217 173 244 214 176 252 224 165 223 502 193 253 438 166 214 786 420 314 546 210 263 530 206 276 1,243 1,698 2,245 309 232 260 331 1 249 266 175 161 211 + 31.0 178 156 198 + 27.3 169 175 243 + 38.8 197 210 247 + 17.5 172 183 215 + 17.4 326 341 406 + 19.1 216 235 270 + 15.1 238 + 16.3 182 204 984 1,089 1,433 + 31.6 199 194 244 + 25.4 246 236 265 + 12.3 35 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 ( CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, Feb., or Mar., 1921. INDEX NUMBERS. Percentage increase v or decrease BASE YEAR OR PERIOD. 1921 1921 Percentagein crease 1922 or decrease (-) cumulative 1922 from 1921. 1921 1922 7,165 - 19.8 5 727 - 10.2 254,349 1.1 Mar. Dec. Jan. 1913 1913 1919 198 135 219 137 109 134 91 112 229 113 102 132 124 90 163 + 23.3 140 + 13.3 111 + 23.9 1919 104 124 145 114 111 132 + 19.2 1919 94 94 92 92 92 1919 1913 1913 1913 94 97 98 110 412 1,527 1,227 617 943 580 103 317 406 92 127 291 320 1919 1919 I Feb. Mar. Mar. from Feb. |Feb. 107 106 DISTRIBUTION MOVEMENT—Continued. American Wholesale Corp., total sales. Magazine advertising Newspaper advertising Department-store trade (see detailed tables). Postal receipts thous. of dolls.. thous. of lines.. thous. of lines.. 1,806 | 2,226 1,515 | 1,717 75 319 | 93,285 2,987 1,680 91,503 8,929 6 377 251,584 .thous. of dolls.. 20,339 24,237 22,723 61,851 22,904 U. S. interest-bearing debt mills, of dolls.. 23,238 Liberty and Victory Loans and 18,458 War Saving securities mills, of dolls.. 19,129 Customs receipts thous. of dolls.. 33,652 40,288 Ordinary receipts thous. of dolls.. 175,651 550,758 Ordinary disbursements thous. of dolls.. 182,206 325,955 Money held outside U. S. Treasury and Federal Reserve System: 4,433 Total mills, of dolls.. 4,412 40.60 Per capita dollars.. 40.46 23,741 65,479 + 5.9 PUBLIC FINANCE. 20,102 29,204 76,282 921,628 1,387,520 536,476 1,275,757 101,191 + 32.7 917,410 - 33.9 739,408 - 42.0 5,206 48.41 97 90 106 105 91 - 1.4 - 3.5 152 913 573 + 19.7 +213.6 + 78.9 90 + 0.5 + 0.3 BANKING AND FINANCE. Banking. Debits to individual accounts: New York City mills, of dolls.. 16,543 20,377 Outside New York City, mills, of dolls.. 14,730 17,367 Bank clearings: NewYorkCity mills, of dolls.. 15,340 18,720 Outside New York City mills, of dolls.. 10,157 12,266 Federal Reserve Banks: 708 Bills discounted mills, of dolls.. Notes in circulation mills. of dolls.. 2,197 2,182 Total reserves mills, of dolls.. 3,081 3,103 Total deposits .mills, of dolls.. 1,818 1,805 Reserve ratio per cent.. 78.1 78.4 Federal Reserve member banks: Total loans, rediscounts, and investments mills, of dolls.. 10,918 10,842 10,309 Net demand deposits mills, of dolls.. 10,349 Interest rates: ! 4.35 4.94 New York call loans per cent.. j 4.80 4.88 Commercial paper, 60-90 days per cent.. I Saving deposits (balance to credit of depositors): New York State savings banks.mills, of dolls.. «2,696 Philadelphia Federal Reserve district thous. of dolls.. 426,470 426,837 Chicago Federal Reserve district thous. of dolls.. 737,987 737,074 U. S. Postal Savings thous. of dolls.. 145,000 144,500 17,353 16,719 52,516 50,108 55,985 + 48,739 - 6.6 2.7 1919 1919 16,682 12,889 49,784 37,354 51,356 + 34,000 - 3.2 9.0 1913 1913 184 178 212 211 234 212 2,287 2,931 2,422 1,841 52.0 1919 1919 1919 1919 1919 124 117 108 93 100 118 112 111 95 104 61 93 137 91 140 15,983 10,186 1919 1919 106 99 1913 1913 228 134 216 132 100 + 23.2 219 189 195 166 237 + 22.0 200 + 20.8 44 83 140 92 154 37 84 141 94 156 - 10.2 - 0.7 142 + 0.7 93 - 0.7 156 0.0 106 96 6.88 7.63 81 84 101 100 72 + 17.9 72 97 - 0.7 0.4 143 85 155 84 137 109 160 109 110 0.1 0.1 0.3 - 1.2 89 1913 «147 149 1920 108 107 156 418,389 108 1920 1913 757,195 161,249 105 411 104 406 102 101 364 101 365 101 364 - 246 163 224 174 172 142 193 150 (u) 157 226 180 Life Insurance. Policies, new: Ordinary Industrial Group Total insurance Amount of new insurance: Ordinary Industrial Group Total insurance thous. of policies.. .thous. of policies.. thous. of policies.. thous. of policies.. 167 684 51 850 182 621 43 803 thous. of dolls.. 361,571 419,839 thous. of dolls.. 110,954 132,833 15,215 7,420 thous. of dolls.. thous. of dolls.. 479,945 567,888 410,146 118,478 9,581 538,205 143 569 49 712 * Previous quarter, Jan. 1. 437 1,791 130 2,227 - 9.3 + 12.5 + 3.2 + 7.4 1913 1913 1913 1913 212 127 141 177 182 146 1,095,960 1,086,938 347,512 303,701 35,922 20,879 1,420,540 1,470,373 - + 14.4 + 72.0 + 3.5 1913 1913 1913 1913 267 177 368 243 311 228 663 291 317 244 757 308 232 200 482 1,592 126 2,073 0.8 (12) " Index number not computed. (12) (12) 188 + 16.8 + 20.2 + 41 . 19.4 274 320 + 16.1 214 256 + 19.7 513 1,053 +105.1 259 + 18.3 36 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 1922 Corresponding month, Feb., or Mar., 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 1,336 67,409 351,981 7,741 4,872 180,398 1,156,117 32,286 7,517 218,012 1,153,096 19,340 138,701 or decrease cumulative 1922 from 1921. 1921 BASE YEAR OR PERIOD. 1921 Percentage increase 1922 or decrease Feb. Mar. Dec. Jan. Feb. Mar. Mar. from Feb. BANKING AND FINANCE—Continued. Business F i n a n c e s . Business failures: 2,463 2,331 Firms number.. Liabilities thous. of dolls.. 72,608 71,608 Dividend and interest payments..thous. of dolls.. 280,600 342,881 8,505 6,181 U. S. Steel Corp.'searnings thous. of dolls.. New capital issues: Corporations thous. of dolls.. 202,749 283,724 State and municipalities123,891 Permanent loans thous. of dolls.. Temporary loans thous. of dolls.. 48,157 65,231 New incorporations thous. of dolls.. 591,404 731,866 Telephone earnings: Total operating revenue thous. of dolls.. 36,998 8,073 Total operating income thous. of dolls.. Telegraph earnings: 6,950 Commercial telegraph tolls thous. of dolls.. Telegraph and cable operating 8,932 revenue thous. of dolls.. Operating income thous. of dolls.. Credit conditions: 25.6 26.9 Orders per ct. of total transactions.. 39.7 38.1 Indebtedness per ct. of total transactions.. 48.1 Payments per ct. of total transactions.. 49.7 + 54.3 + 20.9 - 0.3 - 40.1 1913 1913 1913 1913 123 268 188 694,832 696,135 + 0.2 1913 218 64,388 215,019 105,252 207,108 954,700 2,852,536 287,888 + 33.9 126,616 - 38.9 2,166,923 - 24.0 1913 1913 1913 219 102 380 33,206 6,706 67,600 13,140 75,181 + 11.2 16,222 + 23.5 1913 1913 253 181 7,412 15,595 14,401 - 7.7 1919 9,457 599 19,937 1,288 18,518 7.1 1,925 + 49.5 1919 1919 23.8 30.6 57.4 204 325 115 41 + 5.7 - 1.4 22.2 37.6 153 148 + 39.9 226 33 101 174 320 189 54 255 120 343 + 42.5 + 35.5 + 23.8 172 112 104 218 98 91 54 1916 1916 1916 93 87 97 + 4.3 - 3.9 90 + 3.4 W Stocks and Bonds. Stock prices, clothing: 25 industrials, average 25 railroads, average Stock sales (N. Y . Stock Exchange) Bond sales: Miscellaneous Liberty-Victory Total Bond prices: Highest-grade rails Second-grade rails Public utility Industrial Combined price index dolls, per share.. dolls, per share.. 86.42 56.41 89.30 58.15 83.34 51.94 thous. of shares.. 16,185 22,734 15,907 42,030 187,368 237,852 121,981 180,639 309,349 418,491 87,072 135,918 222,990 270,437 466,353 736,790 thous. of dolls. thous. of dolls. thous. of dolls. par. par. par. par. par. 82.95 68.47 62.34 72.07 70.71 per cent. 1913 1913 143 63 140 65 54,313 + 29.2 1913 147 230 255 616,436 +127.9 531,233 + 13.9 1,147,669 + 55.8 1919 1919 1919 100 63 71 122 57 72 265 93 132 1915 1915 1915 1915 1915 82 79 71 84 78 81 78 71 80 77 91 89 80 77 84 1913 114 115 181 13 188 13 228 82 8 49 259 149 73.14 59.13 52.19 56.13 59.21 4.39 per ct. of per ct. of per ct. of per ct. of .per ct. of 83.33 70.06 64.65 71.80 71.85 154 + 70 + 3.3 3.1 234 268 97 136 328 + 40.5 52 100 333 + 26.9 76 + 48.1 136 + 35.3 93 + + + + 0.5 2.3 3.7 0.4 1.6 191 26 191 26 + 0.0 2.2 249 84 47 256 90 42 254 91 + 43 + 0.8 1.5 2.4 272 170 345 209 368 + 213 + 6.5 1.7 91 102 91 91 84 102 92 99 99 Stocks and Bonds. Municipal bond yield Corporation S t o c k h o l d e r s . (The following figures are quarterly.) Pennsylvania Railroad Co.: Domestic number.. «138,847 138,895 Foreign. number.. 8 2,852 2,915 U. S. Steel Corp.,common stock: Domestic number.. 8106,061 105,261 1,399 Foreign number.. 8 1,379 22.01 Shares held by brokers per cent of total.. 8 21.44 American Telephone and Telegraph Co.: Domestic number..«183,676 195,608 2,217 Foreign. number.. 82,180 137,007 1,386 1913 1913 8 103,093 1,283 24.27 1913 1913 1913 8 144,716 1,774 1913 1913 8 8 Previous quarter, Jan. 1. 8 8 8 37 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTErf—Detailed tables covering all items are given in this number. Consult index at end of bulletin. 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 213,156 640 88,760 3,581 or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 1921 Percentage in- 1922 orde crease Feb. Mar. Dec. from Feb. Jan. Feb. Mar. BANKING AND FINANCE—Continued. Gold and Silver. Gold: Domestic receipts at mint fine ounces. Rand output thous. of ounces. Imports thous. of dolls. Exports thous. of dolls. Silver: Production thous. of fine oz. Imports thous. of dolls. Exports thous. of dolls. Price at New York dolls, per fine oz. Price at London pence per standard oz. 66,608 77 28,701 1,732 70,629 228 33,488 986 70,775 671 87,372 710 203,761 1,881 169,503 4,471 3,878 4,771 7,092 .653 33.891 4,186 6,953 5,307 .644 33.269 6,077 3,872 2,919 .560 32.479 16,449 13,569 14,947 dolls, per £ sterling. dolls, per franc. dolls, per lire. dolls, per franc. dolls, per mark. dolls, per guilder. dolls, per krone. dolls, per franc. 4.36 .087 .049 .083 .005 .376 .261 .195 4.38 .090 .051 .084 .004 .378 .267 .194 dolls, per yen. dolls, per rupee. .474 .281 .473 4.6 66.0 47.6 19.9 1913 1913 1913 1913 45 48 92 76 833 1,646 14 9 61 93 597 25 51 46 500 11 45 11 541 23 48 31 631 13 + 6.0 +196*1 + 16.7 - 43.1 12,002 - 27.0 18,222 + 34.3 16,376 + 9.6 1913 1913 1913 1913 1913 98 163 102 99 126 109 130 56 94 118 70 185 137 110 129 71 217 76 110 127 70 160 136 109 123 75 233 101 108 121 + + - 7.9 45.7 25.2 1.4 1.8 3.91 .070 .038 .074 .016 .344 .228 .171 Par. val. Par. val. Par. val. Par. val. Par. val. Par. val. Par. val. Par. val. 80 37 19 39 7 85 83 85 80 36 20 38 86 85 89 86 40 23 39 2 91 91 101 87 42 23 40 2 91 93 101 90 45 25 43 2 94 97 101 90 47 26 44 2 94 98 101 + + + + + + - 0.5 3.4 4.1 1.2 20.0 0.5 2.3 0.5 .278 .486 .260 Par. val. Par. val. 98 57 97 53 96 56 95 57 95 58 95 - 0.2 57 - 1.1 .132 .104 .828 .132 .114 .878 .782 .151 .148 Par. val. Par. val. Par. val. Par. val. Par. val. 88 83 48 74 55 88 81 47 76 54 93 78 39 55 55 95 80 39 52 59 96 86 41 53 58 97 86 42 58 56 71,485 11,656 8,901 3,180 26,499 85,842 13,025 9,633 5,501 33,362 76,798 14,200 7,368 5,299 27,090 191,207 35,790 16,950 10,699 63,413 225,440 35,335 25,757 13,271 80,666 17.9 1.3 52.0 24.0 27.2 1913 1913 1913 1913 1913 76 100 32 45 83 107 123 48 115 120 101 99 47 117 109 95 92 47 100 92 99 101 58 69 117 119 112 63 119 147 57,701 20,137 73,192 25,937 92,112 31,215 235,089 98,321 187,422 - 20.3 71,288 - 27.5 1913 1913 243 278 284 264 159 226 174 212 178 170 225 + 26.8 219 + 28.8 25,114 6,193 23,745 4,727 32,685 8,413 89,944 19,459 71,662 - 20.3 16,149 - 17.0 1913 1913 160 249 198 395 164 202 138 245 152 291 144 - 5.5 222 - 23.7 55,152 63,057 19,357 22,406 6,291 10,342 215,743 256,178 45,309 10,678 5,064 251,969 146,451 31,328 12,603 675,296 183,446 69,704 21,146 689,116 -f 25.3 +122.5 + 67.8 + 20.5 1913 1913 1913 1913 195 142 159 144 172 130 256 169 300 488 345 159 248 339 228 145 209 272 318 144 239 235 523 171 + + + 14.3 13.G 64.4 18.7 - + - FOREIGN EXCHANGE RATES. Europe: England— France Italy Belgium Germany Netherlands Sweden Switzerland Asia: Japan India Americas: Canada Argentina Brazil Chile dolls, per Can. doll. dolls, per gold peso. dolls, per milreis. dolls, per paper peso. General index of for. exchange index number. 7 + 0.6 + 0.2 0.0 + 9.6 - 3.4 U. S. FOREIGN TRADE. Imports by Grand Divisions. Europe: Total thous. of dolls. France thous. of dolls. Germany thous. of dolls. Italy thous. of dolls. United Kingdom thous. of dolls. North America: Total thous. of dolls. Canada thous. of dolls. South America: Total. thous. of dolls. Argentina thous. of dolls. Asia and Oceania: Total thous. of dolls. Japan thous. of dolls. Africa, total thous. of dolls. Grand total. thous. of dolls. Exports by Grand Divisions, Europe: Total France Germany Italy United Kingdom North America: Total _ Canada + + + + + + + + + 20.1 11.7 8.2 73.0 25.9 thous. of dolls. 128,956 thous. of dolls. 16,054 .thous. of dolls. 22,053 5,637 thous. of dolls. thous. of dolls., 53,390 180,121 19,080 35,658 6,558 72,793 199,256 19,597 30,503 16,908 78,155 763,291 75,854 118,152 72,269 282,399 458,016 52,864 81,380 21,461 191,036 40.0 30.3 31.1 70.3 32.4 1913 1913 1913 1913 1913 191 159 132 397 190 159 153 104 258 159 124 134 74 229 140 119 138 81 141 132 103 125 75 86 108 144 149 122 100 148 + + + + + 39.7 18.8 61.7 16.3 36.3 59,724 35,303 73,565 44,477 96,083 48,168 365,992 147,720 191,425 - 47.7 112,383 - 23.9 1913 1913 222 134 192 148 124 104 116 97 119 105 147 + 132 + 23.2 26.0 . . . . . t h o u s . of dolls.. thous. of dolls.. 38 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Feb., 1922 Mar., 1922 Corresponding month, Feb., or Mar., 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 Percentage increase <+) or decrease •(-) cumulative 1922 INDEX NUMBERS. BASE YEAR OR PERIOD. 1921 1921 1922 or decrease Feb. Mar. from Percentage increase Dec. Jan. Feb. Mar. 1921. from Feb. U. S. FOREIGN TRADE—Continued. Exports by G r a n d Divisions—Continued. South America: Total Argentina Asia and Oceania: Total Japan Africa, total Grand total .thous. of dolls, .thous. of dolls. 14,096 6,246 17,200 6,987 28,621 ..thous. of dolls, .thous. of dolls, .thous. of dolls. ..thous. of dolls. 43,626 18,788 4,346 250,748 54,112 22,852 5,269 330,267 53,915 16,410 8,806 234,477 61,285 34,790 1,527,405 69,275 32,275 20,220 16,576 87,879 45,261 22,095 20,309 93,742 50,888 17,739 24,980 58,335 2,754 6,869 48,000 64,581 3,270 8,465 51,760 66,809 2,897 5,832 10,174 2,276 5,323 2,575 10,154 2,709 5,015 2,428 45,160 19,420 - 65.0 63.2 1913 1913 318 359 234 133 158 114 135 115 136 141 + 22.0 152 + 11.9 152,465 69,625 12,845 853,198 + - 35.0 13.6 63.1 44.1 1913 1913 1913 1913 493 423 506 235 311 315 365 187 340 590 167 143 316 537 134 135 252 361 180 121 312 439 218 156 + + + + 307,767 147,796 80,248 78,841 233,642 111,490 66,880 54,595 - 24.1 24.6 16.7 30.8 1913 1913 1913 1913 151 197 109 145 146 210 76 155 133 162 118 113 119 140 105 110 108 133 86 103 137 187 94 126 + 26.9 + 40.2 + 9.3 + 22.5 227,787 9,824 19,381 194,892 186,063 8,885 22,366 151,584 - 18.3 - 9.6 + 15.4 - 22.2 1913 1913 1913 1913 156 113 101 170 153 107 100 166 136 117 133 138 144 105 121 151 133 101 118 140 148 120 145 151 + 10.7 + 18.7 + 23.2 8 888 2,851 4,074 1,962 26,847 6,563 13,364 28,787 7,140 14,353 7,288 + + + + 7.2 S.8 7.4 6.1 1913 1913 1913 1913 117 82 83 97 215 76 80 101 183 80 102 93 162 75 93 111 171 100 105 111 - 0.2 204 + 19.0 94 - 5.8 - 5.7 252,278 304,293 11,995 15,057 296 224 5,201 4,014 232,043 9,121 150 1,968 726,605 895,919 42,865 774 13,236 + 23.3 + 27.2 + 39.7 +145.2 1920 1920 1913 1913 66 48 41 28 63 41 36 32 92 71 61 66 68 54 54 300,100 415,000 386,000 359,100 54 76 73 45 56 69 63 34 51 74 50 35 65 16,158 1913 1913 1913 "1920 91.5 1913 93 85 85 305,163 - 20.7 171,774 - 27.5 1919 1919 72 103 - 8.0 7,503 + 5.3 7,420 - 23.9 347 + 30.9 1913 1913 1913 1913 43 70 85 12,166 128,855 52,835 24.0 21.6 21.2 31.7 TRADE AND I N D U S T R Y O F F O R E I G N COUNTRD3S. United K i n g d o m . Imports (values): Total thous. of £ sterling. Food, drink,and tobacco, thous. of £ sterling. Raw material. thous. of £ sterling. Manufactured articles... .thous. of £ sterling. Exports (values): Total thous. of £ sterling. Food, drink,and tobacco .thous. of £ sterling. Raw material. thous. of £ sterling. Manufactured articles thous. of £ sterling. Reexports (values): Total thous. of £ sterling. Food, drink, and tobacco, thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles... .thous. of £ sterling. Exports of key commodities (quantities): Cotton piece goods thous. of sq. yds. Woolen and worsted tissues, thous. of sq. yds. Iron and steel thous. of long tons. Coal thous. of long tons. Production: Pig iron long tons. Steelingots long tons. Coal thous. of metric tons. Stocks, zinc short tons. Employment: Trade-unions per cent employed. 9,345 7,140 83.7 56,969 33,691 554 5,397 37 82 68 71 85 28 + + + + + 7.8 20.6 25.5 31.3 29.6 -23.6 The Netherlands. Total trade (values): Imports thous. of guilders. 152,667 Exports thous. of guilders. 85,668 Exports of key commodities (quantities): 1,242 Butter metric tons.. 3,760 Cheese metric tons.. 3,891 Margarene metric tons. 138 Flower bulbs metric tons.. Germany. Total trade (values): Imports Exports thous. of dolls. thous. of dolls. 8,543 1,760 1,316 3,863 5,010 146 384,630 236,791 3,253. 7,126 9,749 265 57,960 69,950 , . .short tons. thous. of metric tons. 170,494 120,956 123,709 144,855 7 65 73 76 83 36 38 63 102 21 57 40 68 66 7 31 1913 1913 27 35 117 110 Belgium. Production: Zinc Coal i Nine months' average April to December, inclusive. 9,866 5,115 1,778 21,475 3,819 27,501 + 28.1 3,632 - 5.4 1920 1913 93 105 103 127 + 15.5 39 TREND OF BUSINESS MOVEMENTS—Continued. BASE YEAR OB PERIOD. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. i . INDEX NUMBERS. Percentage increase 1921 1921 Percentage increase 1922 { v Feb. Mar. Dec. | Jan.Feb. Mar. or decrease j (-) i Mar. from Feb. TRADE AND INDUSTRY OF FOREIGN COUNTRIES—Continued. Canada. Total trade: Imports thous. of dolls. Exports thous. of dolls. Exports of key commodities (quantities): Canned salmon thous. of pounds. Paper, printing thous. of pounds. Cheese thous. of pounds. Wheat thous. of bush. Production: Pig iron thous. of long tons. Steel ingots thous. of long tons. Bank clearings mills, of dolls. Bond issues: Government and provincial...thous. of dolls. Municipal thous. of dolls. Total thous. of dolls. Corporation thous. of dolls. Employment: Trade-union employment, per cent employed. Applications number.. Vacancies number.. PlacementsRegular number.. Casual number.. Business failures: Firms number.. Liabilities thous. of dolls.. 1913 1913 5,065 !|467,251 ||+ ,761 | 17,747 ! - 6.9 25.6 25.4 36.9 129 211 166 221 1913 134 432 619 1913 1913 107 277 92 150 150 104 594 65 412 110 553 12 73 578 36 67 97 72 142 + 46.1 194 + 29.5 106 j+46.7 778 !+ 34.6 - 25.0 + 7.9 1913 110 1913 69 68 161 61 167 48 49 200 1913 100 69 130 237 59 115 81 70 44 52 126 167 65 1913 1920 1920 87 81 43 86 87 66 51 102 57 1920 45 78 54 87 38 198 39 138 137 1913 110 204 105 305 187 349 217 437 664 thous. of bush.. thous. of bush.. thous. of bush.. thous. of bush.. 1913 1913 1913 1914 70 32 50 85 104 18 66 186 32 55 23 155 87 37 43 76 223 48 86 80 321 |+ 43.7 28 I - 41.0 50 - 42.1 0.0 80 thous. of bush.. thous. of bush.. thous. of bush.. 1913 1913 1914 93 29 412 143 23 440 114 92 495 229 69 275 272 57 302 186 - 31.6 46 - 20.0 385 + 26.1 .thous. of yen.. thous. of yen.. 1913 1913 196 146 225 266 179 ' 277 290 165 323 192 218 1913 190 86 181 89 173 106 206 112 141 178 189 217 165 132 183 130 160 139 198 1913 1913 1913 1913 1913 1920 1913 71 40 48 143 167 + 16.9 110 123 107 35 207 139 - 32.5 320 ! - 51.8 Argentina. Grain shipments: Wheat Corn Oats Flaxseed Visible supply: Wheat Corn Flaxseed Japan. Total trade (values): Imports Exports + 4.7 British India. Total trade (values): Imports Exports thoos. of rupees.. thous. of rupees.. — 16.0 + 33.9 1913 108 Australia. Total trade (values): Imports Exports thods. of £ sterling.. thous. of £ sterling.. 9,250! 12,980 | j 11,841 j 12,390 17,890 j j - 38.9 1913 23,460 ' : - 1913 1.3 160 + 13.5 135 + 24.7 40 TEXTILES. Table 1.—INDEX NUMBEKS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] WOOL. Consumption.* YEAB AND MONTH. Relative to 1913. 1909-13 monthly average 1913 monthly average 1914 monthly average 1915 Tnonthly average 1916 Tnonthly average. 1917 monthly average.. 1918 monthly average 1919 monthly average 1920 TnoTitbJv average. 1921 monthly average COTTON CLOTH. ELASTIC WEBBING. Production Visible (crop es- s u p p l y .8 Exports. timate). Sales. COTTON. U. S. Commercial Govern- Imports Imment (unmanu- Exports. 6 quarquar- factured). ports.* terly terly stocks. stocks. Relative to 1919. Stocks.? Consumed. 7 I N MILLS. IN WAREHOUSES. Relative to 1909-13 average. Relative to 1913. Relative to 1919. Relative to 1913. 100 100 110 119 168 134 146 142 118 135 100 171 272 296 277 100 88 100 39 299 294 171 211 2 1OO 2 105 96 81 55 47 75 71 74 166 158 114 100 102 104 126 132 100 97 99 127 141 100 100 177 182 153 124 86 88 87 100 100 146 114 91 2 100 2 93 117 139 172 92 144 246 114 133 108 117 85 112 108 131 88 153 206 174 255 92 88 103 64 92 114 128 144 122 154 184 124 100 87 81 I j 1920. January February March April . 179 156 166 165 Mav June. m T July 142 115 92 93 September October November December 88 95 69 60 r 88 46 86 40 83 38 96 34 332 206 261 428 128 88 109 75 514 610 658 342 123 107 119 118 145 139 138 135 213 201 184 169 154 158 149 141 193 214 237 217 124 106 128 103 106 167 75 114 50 33 29 20 78 97 143 114 112 115 109 100 127 116 101 84 147 131 117 112 88 96 130 115 101 87 243 214 163 127 129 113 82 87 93 69 97 106 31 80 94 108 98 68 111 127 95 83 69 61 68 70 83 93 159 235 290 319 98 93 93 100 84 115 139 158 147 179 158 120 71 47 25 32 167 339 775 516 83 68 52 44 118 138 134 92 76 82 91 85 95 99 100 98 321 313 298 286 157 153 146 145 101 81 89 99 50 59 74 83 117 47 74 125 66 68 73 68 52 48 17 28 91 96 85 97 95 90 83 75 269 245 212 198 65 63 147 145 134 121 107 131 134 152 78 87 80 89 115 72 87 99 72 120 93 88 31 154 253 300 101 103 109 106 76 105 123 130 245 283 299 294 54 50 50 64 129 151 151 148 168 174 144 108 94 100 89 86 175 220 340 65 47 63 207 270 295 109 98 108 125 119 116 262 240 214 137 127 117 84 88 131 81 83 1921. 74 93 118 132 January March April Mav . . .- Julv September October N 0 vember Decemb© r 141 145 132 145 155 168 163 159 106 34 99 27 104 18 1922. January February March April 153 158 176 Mav * See footnotes on opposite page. 41 TEXTILES. Table 2.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] COTTON. WOOL. ConU.S. Comsump- mercial Govern- Imports tion ment (unman- Exports.5 Imquarufacquarports.' YEAR AND MONTH. in grease terly equiva- stocks. terly tured). lent).* stocks. 59,269 57,554 47,898 54,734 1920. January February March April 67,387 66,725 May June July August 57,419 46,439 37,438 37,558 September October November December 35,484 38,337 27,926 24,316 1921. January February March April 30,072 36,555 47,692 53,440 May June July August 57,164 58,706 53,346 58,660 September. October November December 62,811 68,047 66,077 64,237 1922. January February.... March April 61,884 63,941 71,437 IN MILLS. Production Visible (crop es- supIN WARE- timate). ply.8 Exports. HOUSES. Thousands of bales. ELASTIC WEBBING. Sales. Thousands of yards. 13,033 1909-13 mo. a v . . 1913 monthly a v . . . 40,523 1914 monthly a v . . . 44,692 48,199 1915 monthly a v . . 68,091 1916 monthly a v . . 1917 monthly a v . . . 54,190 av av... av... av... Stocks .7 Consumed.? Bales. Thousands of pounds. 1918 monthly 1919 monthly 1920 monthly 1921 monthly COTTON CLOTH.* 12,651 21,680 34,393 37,432 35,083 446,214 383,267 169,690 66,051 72,344 63,404 393,287 77,907 381,955 67,689 371,329 65,331 426,498 56,876 475,123 56,912 443,326 46,559 466,065 30,927 »727,048 820,309 8 763,775 8 20,558 33,798 696,583 32,064 585,810 23,103 401,570 482,194 490,394 500,767 606,544 638,184 1,760,351 1,766,241 3,116,900 3,197,001 2,690,700 16,135 11,192 11,450 11,302 3,068 3,070 4,479 3,490 2,798 > 37,062 a 34,572 43,195 51,687 63,719 1,500,619 2,689,271 1,454,170 | 3,632,971 1,762,006 I 3,056,971 1,183,376 j 4,484,848 12,041 11,421 13,440 8,340 2,816 3,492 3,915 4,414 45,348 56,920 68,311 45,969 15,397 13,404 12,425 ,853,996 ,811,527 3,758,329 3,530,654 3,240,197 2,978,158 4,722 4,840 4,573 4,315 71,447 79,377 87,716 80,276 19,052 16,327 19,656 15,815 90,046 79,402 60,258 47,113 19,801 17,386 12,612 13,327 1,341,889 1,305,576 1,326,773 1,704,731 1,890,108 37,811 37,158 21,635 26,717 342,696 546,432 513,261 539,602 18,781 29,226 49,999 23,137 640,444 518,653 563,517 407,499 41,950 26,103 33,032 54,086 929,671 640,320 794,460 546,125 104,485 123,880 133,727 69,357 591,921 515,699 575,789 566,914 13,388 21,080 9,445 14,448 364,904 241,449 211,841 146,668 15,767 19,635 28,988 23,106 541,377 555,155 525,489 483,193 ,554,274 ,358,147 1,130,694 2,586,868 2,301,016 2,055,015 1,968,218 11,450 12,519 4,002 3,539 3,110 2,662 11,737 8,706 12,251 13,392 228,068 583,725 683,323 788,578 20,004 13,825 22,513 25,890 457,647 401,325 332,712 294,851 907,288 940,480 1,118,418 1,251,122 2,792,152 4,132,967 5,100,978 5,623,266 12,783 12,123 12,123 12,987 2,579 3,519 4,273 4,846 54,465 66,272 58,588 44,377 10,915 7,161 3,859 4,932 21,169 42,886 98,103 65,336 605,381 493,426 375,180 319,933 24,024 28,055 27,282 18,731 366,270 395,115 438,218 408,882 1,273,067 1,327,155 1,336,542 1,316,015 5,645,368 5,503,139 5,252,852 5,028,631 4,822 4,707 4,476 4,434 37,487 30,087 33,024 36,772 7,705 9,079 11,443 12,791 14,745 5,952 9,397 15,867 477,389 495,590 527,323 495,130 10,542 9,849 3,452 5,631 439,884 461,656 410,120 467,103 1,279,314 1,204,572 1,115,847 1.002,981 4,739,851 4,306,236 3,724,512 3,480,783 8,433 8,203 4,512 4,454 4,108 3,724 39,767 48,395 49.668 56,381 12,040 13,347 12,280 13,660 14,592 9,086 10,946 12,520 522,839 874,510 648,695 639,825 6,362 31,269 51,440 61,006 484,647 494,745 526,610 511,800 1,016,032 1,404,931 1,648,216 1,737,771 4,309,893 4,981,856 5,271,451 5,177,266 7,037 6,537 6,537 8,340 3,944 4,624 4,623 4,544 62,290 64,489 53,422 39,842 14,537 15,369 13,654 13,193 22,152 27,834 43,071 475,910 338,440 461,484 42,093 54,761 59,957 526,552 473,073 518,450 1,675,033 1,596,582 1,553,961 4,618,226 4,221,830 3,765,804 4,202 3,891 3,593 31,037 32,707 48,406 12,493 12,730 ,952,326 May.. June. I 1 Except visible supply of cotton from the Commercial and Financial Chronicle and sales of elastic webbing from the Webbing Manufacturers' Exchange. Other sources are as follows: Wool (consumption and quarterly stocks) and Cotton production from the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates; Wool (imports), Cotton cloth, and Cotton (exports and imports), from the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cotton (consumed and on hand), from the U. S. Department of Commerce, Bureau of the Census. * These figures are for fiscal years; those following are for calendar years. • Includes duck and other cloth, bleached, unbleached, and colored. * Figures for 1918,1919,1920, and 1921 compiled from monthly reports on consumption by mills; preceding years compiled from production and net imports. 6 Running bales counting round as half bales; linters are included. • 500-pound bales. » Figures listed for years 1913 through 1921 represent monthly averages of cotton consumed and on hand at end of month during crop years (beginning Aug. 1 of the preceding year and ending July 31 of the year to which the figure is credited). Figures are in running bales, counting round as half bales, and do not include linters. 8 These figures represent world visible supply of American cotton. 42 TEXTILE MANUFACTURES. Table 3.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] KNIT UNDERWEAB.2 Production. Y E A R AND MONTH. New orders received. Relative to 1OO 1OO 1OO 1OO 92 Foreign. Total. FIBER (unmanufactured). BURLAP. Imports. Relative to Relative to 1913. 1909-1913. 1OO 1OO 90 109 120 1OO 118 112 127 1OO 228 391 371 1OO 149 191 196 1OO 114 115 115 144 1OO 112 108 100 95 130 113 132 65 89 468 506 419 266 315 225 224 213 122 152 116 111 95 118 71 120 107 109 140 117 1 219 20 1OO 151 169 154 170 130 87 50 41 41 182 260 583 87 103 194 117 115 137 113 116 169 142 78 33 979 299 121 114 85 92 101 1OO 43 137 131 106 i 591 127 142 162 116 133 89 .... 1921 monthly average Domestic. Imports. Feb.-Dec, 1920. i average average average avprape RECEIPTS OF WOOL AT BOSTON. i Relative to 11 months' average, ! 1916 monthlv average 1917 monthly 1918 monthly 1919 monthly 1920 monthlv Unfilled Storage ConShip- Cancel- orders at ments. lations. end of end of sumpmonth. month. tion. 3 Relative to 6 months' average, July-Dec, 1920. 1920. Av. July-Dec., 1920 1909-1913 monthly average 1913 monthly average 1914 monthly average RAW SILK. 125 83 88 113 29 97 224 190 84 123 103 142 152 173 ! 1920. January February March April 124 122 124 v 125 i May.. June July August 125 122 September October November December . . . . j 112 62 161 85 283 105 61 91 118 146 126 107 192 103 53 158 136 177 103 97 94 163 126 152 153 191 113 77 40 226 134 78 164 166 52 44 103 100 93 63 69 54 89 50 155 26 108 43 101 120 150 137 35 127 39 11 25 97 60 46 34 167 72 107 105 17 92 21 39 19 89 53 34 39 150 70 94 74 26 43 76 399 297 31 54 93 7 6 17 101 95 105 64 56 33 124 93 143 25 82 77 26 30 46 315 733 1,229 107 228 378 68 94 96 144 143 80 76 528 68 13 167 40 162 170 42 860 272 93 137 84 100 78 108 468 95 114 102 134 18 17 24 15 164 175 188 159 41 31 36 38 153 190 181 184 156 136 171 179 58 95 183 203 231 26 47 75 107 76 145 167 82 96 75 46 128 108 99 101 128 133 132 1,356 539 145 153 105 18 17 52 344 357 396 46 39 39 175 150 140 161 110 120 109 81 81 43 50 90 91 72 84 41 37 39 93 89 148 108 444 115 40 384 50 117 204 112 78 102 88 128 120 128 131 1,018 154 135 141 20 31 24 400 386 306 63 58 44 190 124 143 136 104 88 103 99 81 247 224 559 143 135 213 51 65 97 111 92 122 1921. January.. February March.... April May June July August September October November December 1922. January... . February. March April .. .. . . .. 549 425 706 832 553 458 l May.... June ij See footnotes on opposite page. 43 TEXTILE MANUFACTURES. Table 4.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] KNIT UNDERWEAR^ YEAR AND MONTH. Production. Orders received. Unfilled i Storage: Cancel- orders at end ! lations. at end of | of month, month. Shipments. Dozens. Av. July.-Dec., 1920 RECEIPTS OF WOOL AT BOSTON. RAW SILK. Imports. 48,900 28,613 3,850 2,566 3,094 3,406 1914 monthly a v . . . 1915 monthly a v . . . 1916 monthly a v . . . 1917 monthly av 1918 monthly av 1919 monthly av 1921 monthly av ' ! 542,700 461, 775 9,900 17,830 26,941 68,021 65,026 52,785 44,457 596,175 j 49,793 21,315 1,102,350 | 30,071 27,511 25,336 22,325 14,869 10,836 17,241 13,483 3,619 4,060 4,627 3,305 3,780 17,510 24,705 42,215 15,275 26,682 41,956 17,825 22,093 39,918 8,809 14,030 22,839 11,977 16,613 28,589 33,318 31,886 27,273 33,817 20,416 4,857 1913 monthly a v . . . i 591,450 | Thou- | sands of j pounds. 502,350 1909-1913 monthly a v . 1920 monthly av BURLAP. Imports. Long tons. Thousands of pounds. Bales. j 100,950 I 459,000 Domestic. Foreign. Total. FIBER (unmanufactured). 6,715 3,696 5,559 9,597 13, 727 30,791 51,691 16,312 19,285 36,335 56,185 33,478 32,928 39,207 34,755 11,806 10,056 7,701 6,675 j 15, 734 23,133 23,652 28,587 29,449 40,618 30,623 43,824 28,945 34,354 30,661 5,278 18,761 15, 894 12,012 27,906 15,142 20,660 35,801 17,100 19,583 36,683 33,922 32,596 ! 37,917 32,960 | 36,519 32,769 34,047 41,060 32,147 40,653 36,366 36,890 47,398 39,514 1920. January 735,300 February 722,700 March j April 735,300 739,800 May ! | 661,500 August 606,600 September. October November. December.. 668,700 1921. January February March April May June July August.. September. October November. December.. 453,600 209,700 99,900 156,600 252,000 451,800 446,400 498,600 589,500 460,800 639,900 759,600 785,700 778,500 693,000 4,494 2,506 3,928 13,077 15,950 21,912 62,100 53,100 783,900 723,600 41,400 66,600 1,420,200 889,200 40,500 228,600 128,700 92,700 615,600 356,400 177,300 97,200 80,100 81,000 5,400 18,900 261,000 220,500 127,800 95,400 51,128 49,807 48,357 44,536 16,624 11,152 10,735 9,428 1,969 1,532 1,320 972 12,008 5,242 7,901 20,211 8,068 13,418 13,143 402,300 299,700 553,500 532,800 141,300 245,700 425,700 311,400 3,600 506,700 477,000 528,300 837,000 31,859 27,928 16,386 20,038 22,176 16,525 25,585 28,900 709 2,328 2,202 4,857 3,465 5,695 16,608 38,718 64,866 45,380 20,073 42,753 71,009 51,075 472,500 554,400 429,300 712,800 437,400 522,900 469,800 613,800 9,000 823,500 878,400 943,200 801,000 20,541 15,521 17,866 18,899 27,209 33,846 32,325 32,790 4,435 7,851 12,830 24,693 27,327 12,193 1,395 2,464 3,967 20,044 14,226 27,157 31,294 1,368,900 839,700 540,000 448,200 663,300 701,100 480,600 528,300 1,726,200 1,791,000 1,987,200 1,928,700 23,036 19,304 19,601 24,804 31,229 26,816 24,955 20,930 2,288 17,028 13,536 15,696 19,183 1,027,800 558,000 462,600 708,300 619, 200 648,900 2,011,500 1,940,400 1,535,400 31,139 28,982 22,077 33,842 22,107 25,546 723,600 July 5,545 2,228 42,407 45,830 52,265 51,130 740,700 June 2,485 2,700 8,100 6,300 8,100 11,700 7,200 9,000 8,100 25,200 19,800 3,221 2,582 2,691 3,871 4,868 5,115 4,598 3,141 3,412 5,824 8,203 1,369 4,580 4,035 6,143 14, 740 10,885 10,965 15,091 4,092 13,825 13, 407 10,899 13,061 11,839 29,047 2,651 4,731 38,354 39,222 57,258 38,685 51,433 58, 713 65,280 64,797 50,766 46, 443 35,466 25,063 19,374 48,903 26,852 48,542 27,571 27, 278 26,733 46,341 23,486 43,513 27,537 36, 721 21,401 33,557 13,264 34,350 11,760 31,409 10, 713 30,233 11,126 50,064 25,110 43,462 1922. January February March AprQ 711,900 756,900 777,600 9,900 15,300 11,700 3,881 2,964 2,508 14,612 37,781 25,246 18, 462 31,345 39,946 27,874 41,240 May.. June. 1 Except imports of raw silk, unmanufactured fibers and burlap from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. The figures for knit underwear are secured from the Knit-Goods Manufacturers of A merica; those relating to raw silk from the Silk A ssociation of A merica. Receipts of wool at Boston are compiled by the Boston Chamber of Commerce. 8 The preliminary report from the Bureau of the Census shows that, in 1919, the total production of knit underwear in the United States amounted to 26,517,000 dozens compared with 28,032,000 dozens in 1914. In terms of monthly averages, the 1919 output was at the rate of 2,209,000 dozens, which, by comparison, indicates that the normal production of the mills reporting above comprises about 40 per cent of the industry. 1 Consumption figures represent withdrawals from warehouses. 44 ACTIVE TEXTILE MACHINERY. Table 5.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data front Government sources.1 [Base year in bold-faced type.] COTTON.2 WOOL.* YEAR AND MONTH. Woolen Worsted spindles. spindles. Wide looms. Narrow looms. Carpet looms, Woolen Worsted Active Wide Narrow spindles. spindles. spindles. looms. looms. Relative to 1913. A.-INDEX Carpet looms. Per cent of active to total. Active spindles. Thousands. B.—NUMERICAL D A T A . NUMBERS. average. average. average., average. average. 100 101 110 116 121 1OO 104 100 122 115 100 99 95 116 116 100 105 96 126 121 1OO 99 104 118 109 1OO 102 102. 105 109 1918 monthly average., 1919 monthly average. 1920 monthly average. 1921 monthly average. 118 105 94 90 108 104 105 109 119 105 92 93 118 104 100 93 90 79 100 81 January.. February. March April 118 121 117 118 122 124 119 126 116 119 115 118 112 112 110 114 May.... June July.... August. 116 100 79 70 126 116 91 84 115 99 78 69 71 74 74 84 100 88 77 65 53 53 66 77 91 105 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly COTTON.* WOOL.* *68 67 71 30,246 30,920 30,720 31,807 32,984 61 54 55 33,624 33,429 34,458 32,525 82 80 83 70 71 72 72 34,740 34,656 34,698 34,359 85 73 58 51 82 78 68 70 72 71 68 68 34,070 34,457 34,667 34,472 48 51 53 49 65 65 62 55 64 65 62 60 34,041 33,772 31,700 29,879 43 57 64 51 51 58 66 54 50 40 43 31,509 32,497 32,148 32,536 87 90 90 87 74 80 81 80 71 75 75 74 46 47 49 50 32,631 32,665 32,446 33,059 78 72 74 75 78 60 78 92 91 92 90 74 33,898 34,222 34,487 34,489 75 87 73 70 66 74 78 79 34,458 33,797 31,875 84 65 79 73 73 72 «74 78 85 77 74 90 85 73 111 111 114 108 91 81 72 80 77 78 81 88 78 68 103 104 106 106 115 115 115 114 91 93 90 91 90 92 86 88 85 87 112 107 93 106 104 100 100 113 114 115 114 89 77 61 54 86 67 62 89 89 85 75 94 96 91 88 113 112 105 55 57 57 48 62 74 65 57 58 62 77 70 70 79 90 79 74 59 63 104 107 106 108 41 41 53 49 57 67 78 97 103 103 104 68 69 72 74 108 108 107 109 76 79 104 103 107 88 101 107 109 112 113 114 114 78 78 109 115 116 116 114 112 105 70 »73 77 70 92 76 73 68 1920. September.. October November.. December.. 69 72 1921. January.. February. March April May.... June July.... August. 103 104 103 118 122 122 118 100 108 109 108 September.. October November.. December.. 101 101 104 101 124 123 124 122 105 103 104 97 95 104 109 118 116 116 101 *46 76 77 73 69 73 1922. January... February., March April 93 108 100 100 May.. June.. 1 Data from U. S. Department of Commerce, Bureau of Census. 2 The monthly averages are for cotton crop years (beginning Aug. 1 and ending July 31). Figures opposite any one year represent the monthly average number of active cotton spindles for the period beginning Aug. 1 of the preceding year. * Data for 1913 collected by the National Association of Wool Manufacturers. * Reported as of the 1st of the month. 45 HOURLY ACTIVITY IN TEXTILE MACHINERY. Table 6.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] WOOL.' WOOL.' Spinning spindles. Looms. YEAR AND MONTH. WIDE. NARROW. CARPET AND RUG. Sets of Combs. cards. Spinning spindles. Looms. Sets of WOOLEN. WORSTED. WIDE. Relative to 12-month average, Nov., 1920-Oct., 1921. NARROW. CARPET AND RUG. cards. Combs. WOOLEN. WORSTED. Total Activity activity spindle of in spindles place. Millions of hours. Hours. Per cent of active hours to total reported. B.—NUMERICAL DATA. A.—INDEX NUMBERS 12 mo. av. Nov., 1920, 100 to Oct., 1921 1921 monthly average. 108 COTTON. 1OO 108 1OO 106 1OO 108 1OO 109 1OO 108 100 108 61.0 55.7 60.3 46.2 66.0 49.0 62.9 68.2 77.0 83.9 63.3 68.4 71.7 77.6 1920. November December 75 66 94 71 120 116 86 68 80 64 84 73 86 65 45.9 40.3 52.3 39.6 55.3 53.8 54.1 42.9 61.6 49.0 53.3 46.1 61.5 46.6 1921. January February March April 55 49 90 101 52 60 77 95 92 79 78 77 54 57 79 102 48 64 96 115 50 56 78 104 49 62 87 104 33.3 30.0 54.7 61.7 28.8 33.3 42.9 52.7 42.5 36.5 36.1 35.7 33.9 35.7 49.4 64.2 37.1 49.0 73.8 88.7 31.6 35.5 49.5 65.9 34.8 44.7 62.1 74.3 May June July August 120 131 135 130 113 125 132 127 82 95 102 91 119 128 131 126 123 128 125 114 122 129 129 126 121 125 130 120 73.4 80.1 82.5 79.2 63.2 69.9 73.7 70.6 38.0 44.1 47.1 42.1 75.0 80.2 82.1 79.4 94.6 98.6 95.9 87.4 77.1 81.4 81.8 80.0 86.5 89.6 93.4 85.7 7,320 200 September Ocober Nnvftmhftr December 126 122 123 117 124 130 131 133 124 142 151 157 125 126 130 125 118 127 129 122 124 125 129 123 123 129 128 122 76.7 74.2 75.1 71.3 69.0 72.5 73.0 74.3 57.4 65.5 69.9 72.7 78.9 79.0 82.0 78.8 91.2 97.6 99.5 93.8 78.8 79.1 81.7 78.1 88.5 92.2 91.9 87.4 7,379 7,583 7,689 7,726 202 207 210 210 1922. January February . March . .. April 110 106 108 103 130 122 122 114 152 165 166 169 116 120 134 141 128 125 126 107 118 118 129 136 120 120 115 99 67.1 64.8 65.9 63.1 72.2 68.0 68.1 63.5 70.3 76.1 76.9 78.2 72.9 75.4 84.4 88.4 98.6 96.3 97.2 82.3 74.4 74.6 81.6 85.9 86.2 86.1 82.7 70.8 7,932 7,120 7,779 215 193 221 May June i Compiled by U. S. Department of Commerce, Bureau of the Census. * Reported as of the 1st of the month, but really covers previous month's operations. 46 TEXTILE WHOLESALE PRICES. Table 7.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] COTTON. YEAR AND MONTH. Price to producer. COTTON | YARN. WOOL. COTTON GOODS. Carded, Middling white, ! Print cloth, upland, northern, 27", New mule spun, York. 22/1 cones, Boston. Boston. Sheetings, 4/4 Ware shoals, L L, New York. WORSTED YARN. UnOhio, washed, fine, u n price to washed, producer. Boston. 2/32's crossbred stock, Philadelphia. WO3EEN'S SUITDRESS GOODS. 1 INGS. I SILK, RAW. Storm | Wool-dyed, blue, serge, all Japanese, 55/56", Kansai wool, MiddleNo. 1 , double sex, i New York. warp, 50", Boston. New York. i Relative to 1913. 1913 monthly av.... 1914 monthly av 1915 monthly av 1916 monthly av 1917 monthly av 100.0 88.3 74.1 112.5 179.1 100.0 94.6 79.4 113.1 183.7 100.0 88.0 81.0 120.0 181.2 100.0 88.1 83.5 121.5 192.2 100.0 91.2 84.0 117.6 192.7 100.0 105.3 134.7 165.2 282.6 100.0 109.1 122.7 140.9 250.0 100.0 82.4 101.4 135.2 200.8 100.0 88.9 99.1 135.4 193.4 100.0 94.4 101.2 127.8 204.4 100.0 101.5 91.2 133.7 150.9 1918 monthly av.... 1919 monthly av.... 1920 monthly av.... 1921 monthly a v . . . 245.8 246.6 267.5 102.5 248.5 253.9 264.9 118.8 267.5 240.8 283.8 133.3 327.5 287.0 363.8 146.3 317.3 273.5 343.5 143.0 346.1 305.3 228.3 101.1 290.9 277.3 277.3 140.9 271.5 209.5 234.9 151.7 260.4 234.2 238.3 156.6 261.5 259.5 270.5 189.8 172.3 244.0 227.4 165.8 1920. January February March April 299.1 301.6 301.6 310.8 307.1 303.2 323.7 331.4 327.1 337.5 338.9 341.1 431.9 445.8 442.0 478.3 406.7 415.0 416.6 423.0 319.1 314.3 308.3 307.1 327.3 340.9 350.0 345.5 289.7 289.7 283.3 283.3 252.6 252.6 252.6 252.6 291.3 291.3 291.3 291.3 466.4 386.5 357.1 261.2 May June July August 314.1 310.0 311.6 306.6 323.2 307.3 320.6 281.1 348.4 336.2 321.9 292.9 462.3 445.8 411.6 338.8 427.0 420.4 380.5 328.0 301.1 231.1 176.6 169.4 327 3 290.9 281.8 277 3 257.5 257.5 225.3 225.3 252.6 252.6 252.6 252.6 291.3 291.3 269.4 269.4 173.2 177.2 126.6 129.3 September.. • October November December 259.1 212.5 161.4 116.6 235.0 176.8 148.4 120.8 257.7 196.2 165.4 142.8 289.9 237.7 188.4 170.4 277.7 241.5 218.4 167.9 167.6 164.6 149.1 131.1 254.5 227 3 177 3 145 5 206.0 193.1 167.4 141.6 225.3 204.4 204.4 204.4 269.4 259.2 233.0 198.1 173.7 164.3 158.9 154.8 1921. January February March . . April 95.8 98.3 85.8 78.3 130.6 108.7 92.1 94.9 135.6 129.8 114.2 112.2 167.5 153.0 130.4 124.1 155.2 150.8 141.9 124.3 117.3 118.5 113.1 107.1 140.9 140.9 150 0 150 0 148.1 148.1 154.5 154.5 186.2 157.3 157.3 157.3 198.1 198.1 198.1 198.1 158.9 157.5 161.6 158.9 78.3 81.6 80.0 81.6 101.1 94.1 96.6 108.6 115.4 116.7 112.6 122.3 124.1 124.1 124.3 136.8 119.9 115.8 115.8 117.6 95.8 92.2 92.8 92.2 145.5 140.9 131 8 127 3 160.9 154.5 148.1 148.1 157.3 157.3 157.3 157.3 189.3 189.3 189.3 183.5 154.8 157.5 157.5 148.1 105.0 165.0 147.5 135.0 159.8 154.0 142.3 143.4 160.0 170.2 160.0 154.2 168.4 185.5 174.0 167.5 151.6 167.6 172.0 173.5 92.8 94.6 93.4 101.1 131.8 131 8 131.8 140.9 148.1 148.1 148.0 160.9 157.3 146.5 144.9 144.9 183.5 183.5 183.5 183.5 164.3 165.6 197.0 209.0 136.6 129.1 132.5 133.3 140.0 141.2 143.2 147.5 141.6 142.5 167.5 163.2 173.0 159.6 159.6 156.7 107.7 133.5 149.7 159.1 172.7 177.3 164.5 167.4 160.9 144.9 144.9 144.9 183.5 183.5 183.5 185.8 180.4 165.6 i . May June July August September October Noveinber December , 1922. January- February March April .. May June 1 1 See footnotes on opposite page. 47 TEXTILE WHOLESALE PRICES. Table 8.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers-on opposite page. COTTON. YEAB AND MONTH. COTTON YARN. COTTON GOODS. Carded, Sheetings, white, UnPrint 4/4 Ware Middling Northern, Price to upland, washed, mule cloth, 27", shoals, producer. New York. price to Boston. spun, LL, 22/1 cones, New York. producer. Boston. 1913 monthly a v . . . . SO. 1 2 0 1914 monthly a v . . . . .106 1915 monthly av .089 1916 monthly a v . . . . .135 1917 monthly a v . . . . .215 Ohio, fine, unwashed, Boston. 2/32'S crossbred stock, Philadelphia. Per pound. Per yard. Per pound. WORSTED YARN. WOOL. WOMUEN'S DRESS GOODS. SUITINGS. SILK, RAW. Storm serge, all Wool-dyed, Japanese, blue, wool, Kansai, 55/56", double No. 1, Middlesex, New York. warp 50", Boston. New York. Per pound. Per yard. $0,128 .121 .102 .145 .235 80.248 .218 .198 .297 .449 80.035 .030 .029 .042 .066 $0,061 .056 .052 .072 .118 $0,167 .176 .225 .276 .472 $0.22 .24 .27 .31 .55 $0,777 .640 .788 1.050 1.556 $0,563 .500 .557 .762 1.088 $1,545 1.459 1.564 1.974 3.158 $3,640 3.694 3.318 4.867 5.494 1918 monthly a v . . . . 1919 monthly a v 1920 monthly av 1921 monthly a v . . . .295 .296 .321 .123 .318 .325 .339 .152 .662 .596 .703 .331 .113 .099 .126 .051 .195 .168 .210 .087 .578 .510 .381 .64 .61 .61 .31 2.109 1.627 1.825 1.179 1.465 1.318 1.340 .882 4.040 4.009 4.179 2.933 6.273 8.880 8.273 6.035 1920. January February.... March April .359 .362 .362 .373 .393 .388 .414 .424 .810 .835 .839 .844 .149 .154 .153 .165 .250 .255 .256 .260 .533 .525 .515 .513 .72 .75 .77 .76 2.250 2.250 2.200 2.200 .421 .421 .421 .421 4.500 4.500 4.500 4.500 16.975 14.065 12.998 9.506 May June.... July.... August.. .377 .372 .374 .368 .413 .393 .410 .360 .862 .832 .797 .725 .160 .154 .142 .117 .262 .258 .234 .201 .503 .72 .64 .62 .61 2.000 2.000 1.750 1.750 .421 .421 .421 .421 4.500 4.500 4.162 4.162 6.305 6.450 4.607 4.704 September. October November., December.. .311 .255 .194 .140 .301 .226 .190 .155 .638 .486 .409 .353 .100 .082 .065 .059 .171 .148 .134 .103 .280 .275 .249 .219 .56 .50 .39 .32 1.600 1.500 1.300 1.100 1.267 1.150 1.150 1.150 4.162 4.005 3.600 3.060 6.321 5.978 5.782 5.635 1921. January February March April .115 .118 .103 .094 .167 .139 .118 .121 .321 .283 .278 .058 .053 .045 .043 .095 .093 .087 .076 .196 .198 .189 .179 .31 .31 .33 .33 1.150 1.150 1.200 1.200 1.047 .885 3.060 3.060 3.060 3.060 5.782 5.733 5.880 5.782 May June July August.. .094 .098 .096 .129 .120 .124 .139 .043 .279 .303 .047 .074 .071 .071 .072 .160 .154 .155 .154 .32 .31 .29 .28 1.250 1.200 1.150 1.150 .885 .885 .885 2.925 2.925 2.925 2.835 5.635 5.733 5.733 5.390 September. October November. December.. .126 .198 .177 .162 .204 .197 .182 .183 .421 .397 .382 .058 .064 .060 .058 .093 .103 .105 .107 .155 .158 .156 .29 .31 1.150 1.150 1.150 1.250 .885 .824 .815 .815 2.835 2.835 2.835 2.835 5.978 6.027 7.154 7.595 .163 .155 .159 .160 .179 .181 .183 .365 .351 .353 .058 .056 .060 .098 .098 .096 .180 .223 .250 .35 .38 .39 1.278 1.300 1.250 .815 .815 .815 2.835 2.835 2.835 6.762 6.566 6.027 .043 .043 1922. January February March April May., June. 1 Prices of cotton and wool to the producer on the 1st and 15th of each month, respectively, are weighted averages of prices received by producers throughout the United States for all grades of cotton and wool as compiled by the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. All other prices are averages of weekly quotations compiled by the U. S. Department of Labor, Bureau of Labor Statistics, except wool prices from compilation by U. S. Department of Commerce, Bureau of_ Foreign and Domestic Commerce. 48 IRON AND STEEL. Table 9.—INDEX NUMBERS. Baaed on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] IRON ORE MOVE- PRODUCTION. MENT.* YEAR AND MONTH. At Sault Ste. Marie Canals. iron. Steel Ingots. 3 WHOLESALE PRICES. U. S . STEEL EXIMP O R T S . P O R T S . CORPORATION. Iron and steel.4 Unfilled orders. Pig Iron. Foundry, No. BesEarn- 2 North- semer ern ings. (Pitts(Pittsburgh). burgh). Steel billets, Bes- C o m semer posite (Pittsburgh). steel.* Composite finished steel. 6 Iron and steelJ Composite pis iron. 3 Relative to 1913. 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av 1917 mo. av 100 65 94 132 128 100 75 97 127 124 100 75 103 137 144 100 56 128 220 235 100 90 89 98 102 100 70 88 165 181 100 52 95 243 215 100 87 93 132 259 100 87 92 139 255 100 78 87 170 271 100 88 95 163 259 100 86 92 161 252 100 87 94 154 266 100 88 92 132 259 1918 mo. av 1919 mo. av 1920 mo. av 1921 mo. av 126 98 118 53 125 100 119 54 142 111 135 66 194 160 180 80 53 101 138 38 146 101 170 90. 136 105 129 68 215 189 281 157 214 182 260 148 183 157 218 134 220 193 211 152 213 188 222 152 215 191 249 155 222 194 284 156 3 118 116 132 107 140 135 155 124 146 135 196 173 172 122 125 112 157 161 167 175 118 113 137 107 256 268 267 277 236 250 253 255 186 214 233 233 195 208 220 219 190 210 225 231 226 249 249 256 258 277 279 283 July August 125 163 173 165 117 119 120 123 136 140 132 141 183 172 183 189 110 153 123 220 185 186 188 183 133 138 144 135 285 290 290 312 257 262 275 287 233 233 242 237 216 213 215 221 230 227 234 239 261 259 261 262 288 291 296 307 September October November December 164 162 104 3 122 129 115 106 141 142 124 110 179 198 190 218 120 150 192 57 176 167 153 138 141 147 131 106 320 303 261 236 295 287 241 216 228 213 193 169 221 213 203 191 239 230 215 187 262 261 242 203 318 305 271 235 2 94 76 62 47 104 82 74 57 239 172 101 71 64 14 17 19 128 117 106 99 126 89 68 64 211 187 173 167 198 184 164 157 169 164 149 145 189 180 171 170 ' 184 176 166 165 197 185 172 167 212 194 177 167 51 124 83 82 48 42 34 37 60 47 38 54 62 47 38 33 47 34 40 37 93 87 82 77 68 60 45 57 158 149 138 137 153 144 133 128 144 144 125 115 170 165 153 144 166 159 148 141 165 159 145 137 159 150 140 132 68 60 9 38 49 55 64 55 76 78 67 41 47 55 59 50 52 41 41 77 73 72 72 63 72 51 40 143 143 142 137 128 128 128 128 113 113 113 113 138 134 133 130 136 134 128 127 134 135 132 129 136 137 136 132 64 64 79 75 82 112 69 58 90 50 43 53 72 70 76 41 54 74 133 130 131 126 125 125 109 109 109 126 124 122 124 121 122 127 125 125 132 125 125 1920. January February March April May 1921. January . . February March April May June July August September October November December 1922. January February March April May June 1 See footnotes on opposite page also. Iron ore movement from U. S. War Department, Engineer Corps; Exports and imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale prices from U. S. Department of Labor, Bureau of Labor Statistics, representing average of weekly prices. Figures for Pig-iron production (anthracite and coke, not including charcoal iron) furnished by the Iron Age; Steel-ingot production, American Iron and Steel Institute; Unfilled orders, end of month, and earnings, U. S. Steel Corporation; Compositefinishedsteel prices, Iron Age; Iron and steel prices, Iron Trade Review; Composite pig iron and steel, American Metal Market. 2 No allowance made for seasonal variation in computing these index numbers. Thefiguresrepresent about 85 per cent of the total iron ore production of the United States. » Yearlyfiguresrepresent the monthly averages of total production of all companies as compiled annually by the A merican Iron and Steel Institute. The institute reports monthly productionfiguresfor 30 companies which, in 1920, produced 84.2 per cent of the total output of the country. In order to make the monthlyfigurescomparable, they4 have been calculated to a 100 per cent production on the basis of the above percentage. Based on pig iron and rolled products, as used by the Iron Trade Review. Beginning with January, 1922, figures on exports are not exactly comparable with the precedingfiguresinasmuch as the new export classification has made it possible to include several items for which formerly no quantities were reported. 49 IRON AND STEEL. Table 10.—NUMEEICAL DATA. From Government and non-Government sources.1 [Base year is b old-faced type; index numbers on opposite page.] IRON ORE MOVEMENT.* YEAR AND MONTH. At Sault Ste. Marie Canals. PRODUCTION. EXIMPORTS. PORTS. I Pig Iron. Steel ingots.' Tons. Short tons. Iron and steel.< Unfilled orders. Earnings. Long tons. Tons. Thousands of dollars. 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. a v . . . 5,345,484 2,560,342 2,523,344 228,801 1,920,813 1,901,649 129,123 a v . . . 3,490,418 2,471,881 2,607,018 293,207 a v . . . 5,023,734 3,253,280 3,450,160 503,971 a v . . . 7,050,234 3,182,165 3,634,933 536,980 a v . . . 6,819,343 1918 mo. 1919 mo. 1920 mo. 1921 mo. av... av... av... av... WHOLESALE PRICES. U. S. STEEL CORPORATION. Pig iron. Steel Founbillets, dry Besse- BesseNo. 2 mer North- mer (Pitts- (Pittsern (Pitts- burgh). burgh). burgh). Composite steel.* Composite finished steel.« Per pound. Per long ton. Iron and steelJ Composite Per long ton. 26,556 5,906,862 Sll,432 $16.00 917.13 925.79 $0.0172 $0.0166 $26.32 $15.42 24,027 23,533 25,906 26,974 4,115,337 5,189,209 9,719,014 10,715,712 5,972 10,866 27,798 24,608 13.90 14.87 21.07 41.39 14.89 15.78 23.89 43.61 20.08 22.44 43.95 69.86 8,634,912 5,995,020 10,022,532 5,330,507 15,595 11,966 14,724 7,726 34.46 30.31 44.90 25.17 36.66 31.13 44.46 25.35 47.27 40.54 56.26 34.46 .0152 .0143 .0163 .0153 22.92 24.76 40.50 70.10 13.52 14.15 20.31 39.99 34.38 29.91 43.80 24.05 .0280 .0267 .0446 .0419 .0379 .0354 .0332 .0312 .0363 .0368 .0261 .0253 56.67 50.37 65.60 40.74 6,727,922 5,213,644 6,308,944 2,837,557 3,208,837 2,548,573 3,034,510 1,378,641 3,587,585 2,807,900 3,406,783 1,665,369 444,835 412,030 183,980 14,052 26,837 36,626 10,088 162,630 3,015,181 2,978,879 3,375,907 2,739,797 3,525,060 3,402,760 3,918,110 3,133,370 333,514 308,846 449,171 395,583 45,796 32,279 33,266 29,681 9,285,441 9,502,081 9,892,075 10,359,747 13,503 12,881 15,705 12,190 40.90 42.90 42.80 44.40 40.40 42.90 43.40 43.65 48.00 55.25 60.00 60.00 0335 .0358 .0378 .0377 .0316 .0349 .0374 .0384 59.40 65.63 65.47 67.49 May.... June July.... August. 6,705,884 8,725,046 9,243,769 8,809,461 2,985,682 3,043,540 3,067,043 3,147,402 3,424,180 3,540,010 3,328,760 3,563,450 419,064 392,780 419,230 431,519 29,125 40,549 32,742 58,335 10,947,466 10,978,817 11,118,468 10,805,038 15,206 15,760 16,437 15,440 45.65 46.40 46.40 49.91 44.03 44.80 47.15 49.11 60.00 60.00 62.50 61.00 .0371 .0367 .0370 .0381 .0376 .0389 .0397 68.29 68.69 68.87 44.44 44.80 45.60 47.41 September.... October November.... December 8,747,732 8,684,487 5,563,925 137,564 3,129,323 3,292,597 2,934,908 2,703,855 3,562,410 3,581,920 3,133,810 2,779,530 408,605 451,972 434,290 499,780 31,825 39,797 50,995 15,120 10,374,804 9,836,852 9,021,481 8,148,122 16,174 16,775 15,003 12,099 51.21 48.46 41.76 37.71 50.46 49.21 41.26 36.96 58.75 55.00 49.70 43.50 .0367 .0350 .0381 .0357 .0311 68.86 68.61 63.75 53.45 48.98 47.07 41.80 36.31 95,328 2,416,292 1,937,257 1,595,522 1,193,041 2,616,610 2,077,760 1,865,760 1,441,750 546,402 394,638 230,253 162,793 17,104 3,672 4,505 4,935 7,573,164 6,933,867 6,284,765 5,845,224 14,387 10,158 7,741 7,337 33.84 29.96 27.66 26.71 33.96 31.46 28.16 26.96 43.50 42.25 38.40 37.50 .0325 .0310 .0294 .0293 .0306 .0292 .0276 .0274 51.98 48.81 45.37 43.84 32.62 29.95 27.35 25.80 May.... June July.... August. 2,747,361 6,640,152 4,356,760 4,384,949 1,221,221 1,064,833 864,555 954,193 1,503,380 1,191,690 954,120 1,351,600 142,553 107,152 75,646 12,570 9,044 10,633 9,706 5,482,487 5,117,868 4,830,324 4,531,926 7,732 6,824 5,167 6,503 25.36 23.84 22.09 21.86 26.16 24.71 22.84 21.96 37.00 37.00 32.25 29.60 .0293 .0283 .0263 .0248 .0276 .0264 .0246 .0234 43.32 41.87 38.14 35.99 24.47 23.08 21.57 20.29 September.... October November December 3,610,454 3,209,886 493,122 985,529 1,246,676 1,415,481 1,649,086 1,395,178 1,920,202 1,971,498 1,694,884 106,584 125,516 134,447 13,178 13,910 10,997 10,798 4,560,672 4,286,829 4,250,542 4,268,414 7,258 8,204 6,440 4,967 22.96 22.96 22.66 21.96 21.96 21.96 21.96 21.96 29.00 29.00 29.00 29.00 .0237 .0230 .0228 .0223 .0225 .0222 .0213 .0211 35.34 35.46 34.71 20.99 21.15 20.92 20.42 1,638,697 1,629,991 2,034,794 1,892,496 2,072,473 2,815,619 156,849 131,992 205,424 13,405 11,537 14,149 4,241,678 4,141,069 4,494,148 4,654 6,181 8,505 21.26 20.84 20.96 21.56 21.46 21.46 28.00 28.00 28.00 .0217 .0214 .0206 .0201 .0202 33.45 32.86 32.97 20.42 19.31 19.26 1920. January.., February.. March April 1921. January.., February., March.... April 1922. January... February.. March April , 42.72 43.05 43.62 ! May.. June.. •II- See footnotes on opposite page also. * Thefiguresfor composite steel compiled by the American Metal Market represent the average price per pound of steel products weighted as follows: 2£ pounds bars, 1J pounds plates, 1J pounds shapes, 1J pounds pipe, 1J pounds wire nails, 1 pound galvanized sheets, and J pound tin plate. « Composite price offinishedsteel products compiled by the Iron Ageindndes? Steel bars, beams, tank plates, plain wire, open-hearth rails, black pipe, and black sheets. These products, according to the Iron Age, constitute 88 per cent of the United States output of finished steel. 7 Average of weekly prices compiled by the Iron Trade Review on the following 14 products: Pig iron, billets, slabs, sheet bars, wire rods, steel bars, plates, structural shapes, black galvanized and blue annealed sheets, tin plate, wire nails, and black pipe. Pig iron average in turn is average of 13 different quotations. 8 The composite pig iron price compiled by the A merican Metal Market is the average price of 10 tons of iron distributed as follows: One ton each of Bessemer Valley; No. 2 foundry valley; No. 2 X foundry at Philadelphia and at Buffalo; No. 2 foundry at Cleveland and at Chicago; two tons each of basic valley and No. 2 Southern foundry, Cincinnati. 100797°—22 4 50 FINISHED IRON AND STEEL. Table 11.—INDEX NUMBEES. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] MERCHANT PIG IRON. SHEETS, BLUE, BLACK, GALVANIZED.* Y E A R AND MONTH. Stocks on hand. UnUn- ShipProduc- sold ments. Sales. filled ortion. stocks. ders. UnProShipduc- Sales. ments. filled Merortion. ders. chant turnaces only. Relative to 1920. 1913 monthly av. 1914 monthly av. 1915 monthly av. 1916 monthly av. 1917 monthly av. 1918monthly av. 1919 monthly av 1920monthly av. 1921 monthly av. 100 100 100 100 Steel plants makShip- Proing some ments. duction. merchant iron. Relative to Relative to 1914. FABRI- OHIO CATED STEEL BARRELS STRUC- FOUN- LOCOMOAND DRUMS. DRY TURAL IRON. TIVES. STEEL. 1921. Unfilled orders. Relative to 1921. Sales.* Meltings.* Total shipments. Relative to Relative to Relative to 1913. 1921. 1913. 100 100 139 138 120 100 100 39 37 75 110 112 107 108 71 121 73 65 36 100 48 100 830 100 49 100 50 100 32 133 155 44 January February.. March April 120 113 119 65 17 57 74 101 119 80 204 133 129 82 125 123 115 113 165 165 180 161 453 314 141 113 194 182 225 163 312 366 344 325 36 38 31 38 150 191 168 137 64 41 34 43 May.... June— July.... August. 94 97 83 104 61 65 65 78 103 109 104 162 99 92 107 115 117 108 171 147 147 158 75 104 95 102 192 171 177 205 318 299 282 256 40 39 37 31 123 101 101 81 61 56 58 76 September October November December 111 113 99 47 91 117 204 304 111 110 108 73 79 51 33 33 96 80 59 43 154 155 137 115 50 18 19 17 198 173 144 87 216 181 140 120 25 32 43 67 87 51 55 53 66 98 91 93 1921. January— February.. March April 20 25 38 47 670 739 739 713 27 34 34 49 25 37 61 40 39 36 38 78 54 44 40 28 23 29 31 49 45 48 49 109 102 94 90 29 59 62 121 79 72 58 53 60 May.... June July.... August. 57 46 27 53 1,143 983 917 53 45 37 51 42 29 38 60 33 28 26 26 36 32 26 34 24 40 63 54 43 38 60 95 80 117 25 26 19 31 September October November December 60 74 70 55 791 796 826 809 56 74 69 65 91 58 40 32 35 29 23 29 38 54 63 85 61 48 64 1922. January February.. March April 58 77 94 848 848 813 54 69 84 59 78 183 21 23 44 59 50 66 68 76 152 129 125 44 145 176 57 186 263 85 63 38 84 5 100 100 100 6 100 7 100 1920. 90 93 114 111 105 70 73 81 111 85 78 77 80 91 92 92 84 112 116 113 95 80 80 86 139 67 91 78 61 87 79 72 71 79 69 67 72 85 77 79 105 148 116 69 74 103 67 79 72 71 95 May.. June. See footnotes on opposite page. in 96 80 91 150 74 S8 118 93 132 95 145 113 76 90 97 159 104 105 57 75 67 103 109 97 96 109 112 80 472 126 117 100 33 25 9 29 87 106 120 81 112 151 193 25 14 13 156 51 FINISHED IRON AND STEEL. Table 12.—NUMERICAL DATA. From commercial and trade sources,1 [Base year in bold-faced type; index numbers on opposite page.] MERCHANT PIG IRON. SHEETS, BLUE, BLACK, GALVANIZED.^ i ProducSales. tion. YEAR AND MONTH. Per cent of capacity. Shipments. Unfilled orders. Long tons. STEEL BARRELS AND DRUMS. Stocks on hand. Steel Merplants chant making Ship- Pro- Unfilled fursome ments. duc- orders. naces tion. meronly. chant iron. Per cent Num- of caber. pac- Number. ity. _ FABRICATED STRUCTURAL STEEL OHIO FOUN-! LOCOMODRY IRON. TIVES Sales.' Melt- Total shipings.* ments. Long tons. Per cent of normal. 89,500 1913 mo. av. 306 119 114 378,925 329,964| 332,724 1,305,073, 759,572 1914 mo. ay. 1915 mo. av. 124,583 123,500 107,083 1916 mo. av. 1917 mo. av 1918 mo. av. 100,134 96,200 96,783 63,189 425,425 412,697 145,854 483,511 585,653 189,495 2,432,964 480,650 2.3 72.7 60.8 294.4 94.1 1921 mo. av. 34.9 19.1 35.9 30.7 503,450 586,016 168,494 3,435,852 289,145 1,111,934 634,959 1920. January February.. March April May 87.4 82.5 86.8 72.3 68.5 1.5 71.5 124.2 366,8 .4 73.3 81.1 361.3 1.3 86.2 78.3 338.2 1.7 58.4 49.9 332.3 1.4 75.1 63.0 315.3 624,363 1,493,939 623,817 1,037,457 681,910 464,921 610,555 373,903 648,425 247,246 644,883 606,767 749,112 543,713 638,128 4,069,402 4, 774,117 4,490,580 4,245,562 4,152,965 275,695 288,077 234,795 289,590 300,381 June July August September. 70.3 60.0 75.8 80.7 1.5 79.6 1.5 64.5 1.8 71.0 2.1 81.0 98.4 60.1 55.9 48.1 340.0 343.2 319.2 283.5 555,981 557,019 600,510 584,573 342,277 313,616 334,914 164,950 570,602 589,454 681,687 658,509 3,900,475 3,676,688 3,344,904 2,813,951 295,185 282,812 236,314 187, 775 80.2 78.2 53.1 31.3 19.8 19.7 234.5 172.4 126.2 588,965 520,605 435,473 58,527 63,015 57,597 577,050 478,284 289,644 2,361,759 1,833,417 1,566,408 244,207 328,198 506,706 119.2 113.8 105.2 112.3 296,335 204,974 166,071 153,193 92,256 74,874 96,942 101,651 161,764 151,239 160,268 161,552 1,425,844 1,326,408 1,231,123 1,172,847 665,376 653,854 685,363 703,488 214,302 209,414 197,240 78,587 81,763 91,248 124,251 148,945 135,892 121,469 99,227 113,682 80,283 132,821 208,227 178,575 144,198 127,137 200,181 1,103,487 1,012,307 1,004,149 1,040,857 693,270 698,600 702,289 637,820 210,243 219,175 213,672 179,431 89,610 16.1 89,548 15.0 96,754 16.2 155,521 22.9 243,490 247,320 60,219 59,302 371 45,556 49,156 46,988 19.2 15.3 22.6 36.9 336 90,386 90,547 72,222 77,727 2.7 4.7 7.0 230 134,551 171,123 150,392 122,248 110,526 1919 mo. av. 1920 mo. av. 7 2 . 7 82.3 October November. 72.0 December.. 34.2 5188,422 112,O42J17.4 6 234,557 1921. January February.. March April.... 14.9 18.3 27.9 34.5 15.4 17.0 17.0 16.4 19.5 24.7 24.5 35.7 May June July August 41.8 33.8 19.7 38.8 19.0 26.3 22.6 21.1 38.2 33.0 27.0 37.1 25.3 17.8 22.8 36.2 96.4 81.8 74.3 75.3 September. October.... November. December.. 43.6 53.8 51.2 40.1 18.2 18.3 19.0 18.6 41.0 53.4 49.8 47.3 57.0 55.1 35.5 24.2 94.8 102.3 84.9 68.8 108,432 143,762 203,145 240,484 279,938 201,604 157,487 210,485 224,280 304,325 258,725 201,696 1,131,668 1,026,769 942,829 924,922 598,700 522,047 510,990 547,708 160,457 145,327 148,540 174,842 117,112 165,899 130,199 124,006 16.6 25.2 19.7 13.3 240,616 255,423 226,677 193,814 85,995 97,789 99,800 71,500 19.5 39.0 35.6 19.5 50.5 47.3 18.7 61.1 111.4 62.5 224,025 188,857 248,758 225,412 251,489 502,106 230,749 246,684 342,052 876,412 888,787 1,049,684 596,882 545,707 538,987 179,216 167,805 180,912 89,216 15.6 101,830 16.9 168,476 27.7 204,204 248,315 281,794 72,100 78,700 139,300 1922. January 42.0 February.. 56.1 March 68.0 April May.. June.. 128.7 12.815.3 15.4 20.5 Number. 223 199 20.71 111 196 126 105 132 188 172 178 233 201 300 277 284 220 25,634 52,376 55,864 50,823 177 24.96 16.31 161 185 19.34 75 19.64 80 16.67 57 24.14 95 14.94 101 26.09 75 24.20 29 20.80 89 23.13 31.17 39.97 "I 1 Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers; Merchant pig iron by American Pig Iron Association; Steel barrels and drums by the Steel Barrel Manufacturers' Association; Fabricated structural steel by the Bridge Builders and Structural Society; Ohio foundry iron by Ohio State Foundrymen's Assoctation; Locomotive shipments are compiled by individual producers and represent practically the total output of the country. 2 Figures represent almost all the independent sheet manufacturers. «The Bridge Builders and Structural Society state that reports in the earlier years were not as complete as during the last six or seven years. The total tonnages are probably 10 to 15 per cent less than they should be. Thesefiguresare believed to represent the total business in the United States. « Represents percentages of actual to normal melt of grey iron foundries in Ohio. Prior to September, reports represent the month beginning with the 15th day of the calendar month. September figures are for the period Sept. 15 to 30 only. Subsequent figures are for calendar months. * Relative to 11 months' average, February-December, 1921. « Relative to 6 months' average, July-December, 1921. ' Relative to 10 months' average, March-December, 1921. 52 NONFERROUS METALS. Table 13.—INDEX NUMBERS. Based on data from Government and non-Government sources. [Base year in bold-faced type; numerical data on opposite page.] COPPER. Exorts Produc- p Pigs, tion. ingots, YEAR AND MONTH. etc. ZINC. TIN. PriceIngots, electrolytic (New York). Stocks. ImportsBars, blocks, etc. PricePig (New York). 1 Ship- Produc- Stocks. Receipts ments at St. from tion. Louis. St. Louis. LEAD. PriceShipP r i m e ! Receipts ments westfrom at St. ern St. Louis. (New Louis. York). PricePig, desilverized (New York). Relative to 1913. 100 107 76 78 113 100 85 110 175 187 100 92 113 171 137 100 87 97 147 135 1OO 78 84 96 132 1OO 102 141 193 193 1OO 49 35 43 132 100 99 110 160 276 1OO 95 107 114 168 1OO 90 247 241 159 1OO 275 289 268 372 1OO 106 109 89 131 1OO 88 104 155 207 83 52 73 73 157 122 114 80 17 55 183 127 124 78 110 47 190 146 112 67 149 132 138 62 101 92 99 195 124 114 114 49 212 203 193 73 142 127 139 90 164 131 201 192 138 91 83 56 169 131 184 105 71 82 123 121 118 122 202 203 154 145 92 150 152 .167 157 99 91 76 80 121 136 148 74 155 216 82 166 158 153 148 311 146 125 108 142 134 138 139 92 125 91 1918 mo. av. 1919 mo. av. 1920 mo. av . . . 1921 mo. av 100 94 113 157 154 156 105 99 39 1913 mo. av.. . 1914 mo. av.. 1915 mo. av.. . . 1916 mo. av . .. . 1917 mo. av.. . . 218 227 110 103 112 96 38 198 200 210 204 118 82 67 65 121 121 121 121 290 194 104 177 95 117 184 117 124 109 109 105 157 142 139 132 72 66 71 73 79 132 106 88 177 169 140 174 139 136 141 142 190 195 196 166 125 117 69 78 195 193 196 204 35 33 55 59 119 107 93 87 202 173 161 155 100 71 100 62 99 91 82 76 127 122 115 98 106 126 158 175 143 140 114 122 152 101 146 123 134 129 116 103 196 192 195 220 102 73 54 35 186 166 143 109 1920. January February March April May t... July August September... . October November. December 1921. February. March April 84 75 87 50 78 87 55 59 82 82 78 79 138 192 188 132 27 55 32 26 79 73 64 68 90 62 54 57 187 192 202 200 78 55 52 33 99 60 69 62 101 92 89 90 133 153 141 163 51 30 57 62 113 106 92 97 May June July. August 24 19 17 21 46 71 67 59 82 82 80 75 139 138 136 95 21 43 37 54 72 65 62 59 62 67 54 51 211 221 227 213 31 20 24 27 67 32 40 64 92 85 82 80 243 220 181 256 78 73 51 56 113 103 100 100 September October November. December 21 24 22 18 85 74 103 87 76 81 83 86 95 111 71 92 61 46 72 93 60 61 65 73 50 50 73 76 200 174 165 164 64 62 69 72 89 86 88 122 81 88 89 90 203 182 168 256 52 65 44 49 105 107 107 107 1922. January February March April 25 37 61 75 75 115 86 82 81 72 76 167 95 97 165 71 68 65 82 78 92 162 158 148 70 39 73 102 110 86 87 83 86 356 212 369 97 78 84 107 107 107 May. See footnotes on opposite page. 53 NONFERROUS METALS. Table 14.—NTJMEBICAI DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] COPPER. YEAR AND MONTH. PriceImExIngots, p o r t s - PriceProduc- p o r t s - electroPig Pigs, tion Stocks. Bars, lytic (New blocks, York). smelter). ingots, (New etc. etc. York). Per Thousands of pounds. pound. 109,040 70,461 $0,157 Long tons. Per pound. Thousands of pounds. 81,318 40,190 28,506 35,196 107,442 27,675 27,360 30,541 44,323 76,461 11,876 7,475 10,503 4,517 .852 .655 .503 .299 86,320 76,500 79,962 35,936 82,482 74,970 80,886 158,788 34,369 31,430 31,644 13,549 60,060* 57,666 54,881 20,739 8,773 13,926 11,980 10,345 .636 .603 .621 .623 87,842 96,512 90,798 80,622 74,186 62,038 65,020 25,439 37,532 40,874 20,434 34,327 43,910 61,225 23,286 9,102 .556 .490 .491 .472 90,830 82,018 80,388 76,452 58,670 53,708 58,078 59,156 21,954 36,470 29,294 24,239 50,320 47,998 39,806 49,524 9,597 6,741 9,551 5,894 .444 .406 .368 73,638 70,670 66,636 56,878 85,800 102,460 128,780 142,116 39,574 38,724 31,538 33,660 43,126 28,774 41,446 34,828 .079 .075 1,847 1,700 2,079 3,153 2,535 159,045' 107,202 100,755 39,331 58,726 36,653 51,771 51,293 .247 .191 .180 .126 312 1,015 3,371 2,351 1920. January February.... March April 49,684 57,595 87,972 64,395 .193 .191 .186 .192 3,723 3,743 2,848 2,676 May.... June July.... August. 82,792 57,986 46,869 45,859 .191 .190 .190 .190 5,356 3,586 1,926 3,266 •11,196 September. October November.. December.. 24,455 23,302 38,619 41,728 .187 .168 .146 .137 3,731 3,191 2,966 2,856 av. av. av. av. PriceShipPrime Receipts ments Westat St. from St. ern Louls.2 Louis.' (New York). 57,780 58,840 81,586 111,242 111,596 .134 .173 .275 .294 1918 mo. 1919 mo. 1920 mo. 1921 mo. Stocks. LEAD. 9,560 80.449 8,351 .353 9,273 .376 14,085 .433 12,908 .594 75,245 53,567 55,260 79,818 av. av. av. av. av. Production (total primary). ThousPer sands of pound. pounds. 95,845 115,668 160,654 157,177 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. ZINC. TIN. 11,232 17,584 28,385 «O.O58 26,834 .053 30,490 .144 32,482 .140 47,759 .093 rice Ship- P Pig, Receipts ments desilat St.3 from verized St. Louis. (New Louis.3 York). Thousands of pounds. Per pound. 5,476 15,048 15,838 14,670 20,390 8,752 $0,044 9,299 .039 9,516 .046 7,810 .068 11,425 .091 8,995 7,195 11,024 10,490 12,070 7,975 7,298 4,866 .074 .058 .081 .046 .097 .092 17,038 11,937 12,410 6,033 8,974 9,760 8,375 3,367 .087 .088 .092 .090 .081 10,387 10,665 10,737 9,090 10,931 10,282 6,031 6,787 .086 .085 086 .090 .060 10,725 10,535 10,704 12,026 8,908 6,390 4,739 3,063 .073 .063 .048 .074 .081 .052 .082 .083 1921. January February March April 85,929 76,508 89,127 51,107 54,855 62,480 38,720 41,495 .129 .129 .122 .125 2,546 3,546 3,476 2,441 2,584 5,270 3,028 2,484 .355 .326 .288 .304 51,832 35,538 31,482 33,100 151,906 156,040 164,504 162,886 21,539 15,271 14,476 9,163 28,002 17,025 19,564 17,586 .059 .054 .052 .052 7,311 8,392 7,733 8,916 4,445 2,630 4,948 5,402 .050 .047 .041 .043 May.... June... July.... August. 24,235 19,434 17,790 21,414 32,259 50,172 47,324 41,249 .128 .128 .125 .117 2,571 2,546 2,521 1,761 2,022 4,133 3,566 5,201 .322 .290 .278 .266 36,052 38,886 30,990 29,242 171,624 179,778 184,816 173,098 8,594 5,426 6,613 7,596 18,985 9,087 11,406 18,053 .054 .049 .048 .047 13,308 12,044 9,894 14,011 6,819 6,416 4,428 4,922 .050 .045 .044 .044 September. October.... November.. December.. 20,927 24,614 22,348 18,595 60,170 52,486 72,786 61,518 .120 .127 .130 .136 1,756 2,041 1,316 1,696 5,796 4,352 6,886 8,880 28,734 29,034 42,270 44,026 162,270 141,648 134,098 133,216 17,585 17,110 19,198 20,016 25,402 24,302 24,862 34,593 .048 .051 .052 .053 11,098 9,955 9,208 14,006 4,553 5,681 3,833 4,318 046 .047 .047 .047 1922. January February March April 25,848 37,416 61,867 53,130 52,862 80,853 .136 .129 .127 1,331 1,406 9,103 9,295 15,783 47,412 45,026 53,064 131,356 128,248 120,524 19,414 10,698 20,187 29,052 31,323 24,313 .051 .049 .050 19,500 11, €04 20,232 8,514 6,787 7,325 .047 .276 .320 .305 .291 .047 .047 May... June.., * Copper production, representing smelter production from domestic ores, for 1913 through 1920, from V. S. Geological Survey, 1921 figures from A merican Bureau of Metal Statistics; Stocks of tin from New York Metal Exchange; Production and stocks of total primary zinc from A merican Zinc Institute; Receipts and shipments of zinc and lead at St. Louis from Merchants Exchange of St. Louis; Exports and imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale prices from U. S. Department of Labor, Bureau of Labor Statistics, representing average of weekly prices. 1 Converted from data in slabs of 80 pounds each. »Converted from data in pigs of 50 pounds each. 54 COAL AND POWER. Table 15.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.} SHIPMENTS. PRODUCTION. YEAR AND MONTH. Bituminous coal. Anthracite coal. Beehive coke. By-product coke. 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. Anthracite coal. 3 Anthracite coal.a Relative to Jan., 1919. Relative to 1913. 1909-13 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average STORAGE. Relative to 1921. ELECTRIC POWER PRODUCTION. EXPORTS. Anthracite coal. Bituminous coal.* Coke. Relative to 5-year average. 100 100 88 93 105 115 121 96 116 85 100 99 97 96 100 69 82 106 100 111 10S 68 103 127 91 150 121 144 120 161 163 143 129 151 Relative to j 1919. 100 100 88 111 Public utility plants. 172 198 100 129 136 73 97 99 91 59 62 242 103 140 261 94 100 113 95 17 157 123 121 157 32 105 109 108 96 176 105 204 100 1920. January... February.. March..... April , 122 71 122 106 114 101 62 105 95 106 82 107 119 117 103 72 122 146 137 76 115 95 82 58 95 121 221 72 110 May.... June July.... August. 100 104 61 119 96 219 58 110 110 107 61 126 178 285 76 110 114 108 61 124 229 324 110 112 121 105 64 121 193 374 98 115 September.. October November.. December.. 128 61 63 65 113 365 110 112 131 106 63 122 154 417 142 116 129 98 59 115 116 325 117 114 132 109 54 128 129 244 106 115 109 1921. January.. 101 97 41 215 119 23 101 205 52 February. 77 101 31 178 133 33 101 115 37 98 March 76 97 21 167 128 53 107 105 34 105 April 71 101 12 143 121 67 128 132 26 100 101 101 11 150 116 79 151 228 21 June 85 108 8 133 134 105 172 302 27 100 July.... 76 92 6 122 121 131 135 241 26 101 August. 87 94 9 131 124 149 130 154 25 105 May.... September.. 88 93 10 134 123 154 100 110 24 104 October.... 110 99 15 164 131 131 107 121 31 110 November.. 90 90 17 167 118 135 114 98 42 112 December.. 77 78 18 17R 103 140 106 70 32 118 January... 94 82 18 180 108 137 78 59 41 117 February. 103 89 20 169 116 133 74 44 107 March 126 115 26 202 151 125 108 34 117 1922. April May.. June. See footnotes on opposite page. 102 55 COAL AND POWER. Table 16.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] SHIPMENTS. PRODUCTION. YEAB AND MONTH. Bituminous coal. Anthracite coal. Beehive coke. By-product coke. STOR- i AGE. Anthracite coal.3 Anthracite coal.3 Anthracite coal. Bltuminous coal.2 73 319 1,150 49 295 1.397 67 347 1,581 87 462 370 370 402 348 1,789 104 |! I 1,663 126 || ; 7,627 7,568 7,416 7,298 2,799 1,945 2,292 2,955 1,059 035 1,172 1,589 45,983 48,282 38,172 46,361 33.901 8,301 8,235 7,341 7,425 7,273 2,764 2,540 1,587 1,748 463 1,870 2,166 2,095 2,565 1,660 January.., February. March April 48,689 40,127 46,792 37,939 7,588 6,525 7,857 6,225 1,991 5,477 306 1,744 4,734 5,470 4,291 272 May June July.... August. 39,753 43,710 45,523 48,389 8,171 8,261 8,025 1,721 September.. October November.. December.. 51,093 52,144 51,457 52,560 January.. February. March.... April average.. average.. average.. average.. average.. Thousands ofkw.hours. 1,098 288 39,869 35,225 36,S85 41,877 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly Public utility plants. Coke. Thousands of long tons. Thousands of short tons. 1909-13 monthly average.. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average ELECTRIC POWER PRODUCTION. EXPORTS. 4,719 4,497 4,624 5,513 2,673 1,722 53 !i 3 , 2 4 3 , 4 0 3 j 68 || 3,663,618 j 23 1 3,411,532 1 1,249 1,169 1,501 2,437 58 60 55 53 3,855,847 3,480,331 3,745,682 3,577,613 2,401 3,132 3,557 4,109 42 3,582,710 3,568,563 3,626,682 3,716,876 1,497 2,866 1920. 2,021 1,615 420 348 277 1,789 5,332 5,677 5,574 5,448 4,633 8,056 7,441 8,321 1,771 1.755 1,642 1,518 2,931 5,474 5,189 5,765 325 40,270 30,851 30,328 28,374 7,410 7,701 7,406 7,703 1,137 865 575 329 2,278 1,888 1,772 1,519, 5,354 5,966 5,738 5,446 879 1,422 1,789 May.... June July.... August. 33,255 33,852 30,394 34,538 7,479 7,786 7,050 7,196 390 1,590 1,408 1,297 1,383 5,236 6,032 5,463 5,576 2,119 2,817 3,495 3,971 434 2,500 496 388 3,315 2,650 373 1,695 September.. October November.. December.. 35,127 43,733 36,020 30,895 7,124 7,580 6,859 5,984 1,423 1,734 1,766 1,860 5,520 5,873 5,314 4,636 4,123 3,500 3,601 3,747 287 1,212 308 1,329 329 1,079 306 37,600 40,951 50,193 6,258 6,762 8,757 1,903 1,795 2.137 4,848 5,239 6,779 3,674 3,567 3,344 1,709 1,704 512 659 556 372 4,011 4,586 3,567 2,683 289 291 2,248 1,257 55 103 85 77 3,631,746 3,751,320 3,705,507 3,720,537 27 25 19 3,541,493 3,166,041 3,394,987 3,239,471 16 20 19 18 3,263,766 3,244,093 3,269,709 3,410,701 770 18 22 30 23 3,374,703 3,574,339 3,639,393 3,819,692 224 644 30 275 814 32 295 1,187 25 3,805,218 3,484,690 3,784,136 444 333 j 1921. 232 181 248 416 477 514 308 1,152 369 1,453 1922. January... February.. March April 496 549 732 May.. June.. I 1 I I Except anthracite coal shipments and stocks from the Anthracite Bureau of Information. Data on production of coal and coke and of electric power at public utility plants from U. S. Department of the Interior, Geological Survey: exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 1 Does not include bunker coal on vessels engaged in the foreign trade. 8 Excluding Hudson Coal Company. 56 PRICES OF COAL Table 17.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from Government sources.1 [Base year in bold-faced type.] WHOLESALE. Bituminous. YEAR AND MONTH. Anthracite, chest- nut. RETAILS Coke, Connellsville. AnthraBitu- Anthra- cite, cite, m i n o u s . stove. chestnut* Bituminous. AnthraCoke, cite, ConnellsVille. chestnut. Dollars per Dollars per Dollars per short ton. long ton. short ton. Relative to 1913. A.—INDEX NUMBERS. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average $2.44 1.81 L79 3.25 8.25 $5.43 5.73 5.58 5.60 7.08 •7.73 7.70 7.69 8.03 9.19 •7.91 7.89 7.86 8.20 9.28 197 128 153 193 196 127 150 190 192 3.88 4.11 5.85 4.56 6.86 8.27 9.50 10.53 6.00 4.74 10.82 3.65 7.80 8.00 11.24 10.68 9.92 11.83 14.95 15.17 10.05 11.89 15.04 15.22 162 163 161 4.10 4.10 4.10 5.50 8.52 8.51 8.51 8.52 6.00 6.00 6 00 10.50 8.81 12.59 12.77 586 188 182 179 180 589 194 185 181 273 183 637 203 186 183 6.00 6.00 6.00 6.00 9.06 9.46 9.55 9.71 12.00 14.30 14.38 15.55 10.19 10.55 11.04 14.07 14.28 14.40 14.14 14.33 14.50 10.54 10.54 10.54 10.55 15.31 14.31 8.85 6.24 12.12 12.50 12.53 12.30 15.77 16.08 16.22 16.16 15.85 16.15 16.29 16.29 10.64 10.64 10.64 10.14 5.53 5.19 5.00 3.72 11.82 11.41 11.15 10.58 15.99 15.80 15.63 14.87 16.13 15.88 15.66 14.86 3.33 3.09 2.91 2.80 10.39 10.39 10.47 10.46 14.79 14.77 14.89 14.96 14.88 14.83 14.95 15.01 106 100 73 103 105 133 103 338 130 129 245 144 156 194 147 179 443 207 198 149 160 246 160 246 160 246 250 160 430 273 171 492 273 273 1921 monthly average B.-NUMERICAL DATA. S5.31 5.32 5.33 5.57 5.94 1OO 74 186 186 186 192Q m o n t h l v average Dollars per short ton. S2.2O 2.20 2.20 2.68 4.58 1OO 100 177 187 266 207 1919 iDOTitbly average Anthra- Anthracite, cite, stove. chestnut. 1OO 100 99 104 117 1OO 178 1917 rnoTJthly ftvprage 1918 monthlv average Bituminous. 100 100 99 104 119 100 100 100 122 112 . . RETAILS WHOLESALE. 1920. January February March April May June July August . .- . .. ...... 323 198 628 223 204 200 323 198 587 230 208 204 323 198 363 231 210 206 323 199 256 227 209 206 7.10 7.10 7.10 7.10 January February March April 255 200 227 218 207 204 5. CO 232 200 213 210 204 201 5.10 221 200 205 205 202 198 4.85 221 191 152 195 192 188 1.85 May June July 221 193 136 191 191 '188 1.85 209 195 127 191 191 187 209 198 119 193 193 189 LAO 186 198 115 193 194 190 4.10 10.24 10.36 10.50 10.54 186 201 131 193 194 190 186 201 134 192 195 191 186 201 122 190 195 191 175 201 113 189 195 191 4.10 4.10 4.10 3.85 10.66 10.66 10.66 10.65 3.19 3.28 2.97 2.75 10.47 10.41 10.34 10.27 15.03 15.07 15.11 15.09 15.06 15.10 15.14 15.13 171 164 164 200 200 200 113 125 133 182 179 179 194 190 189 3.75 3.60 3.60 10.64 10.63 10.64 2.75 3.04 3.25 9.90 193 193 9.71 9.72 14.97 14.92 14.89 15.01 14.99 14.94 September October November December - T . T -r 1921. September October November 1922. January, February. March April . . , r . ,•. 189 May * Data on prices of coal, both wholesale and retail, are monthly averages from the records of the U. 8. Department of Labor, Bureau of Labor Statistics. * Retail coal prices represent the averages for the United States based on quotations from 51 cities. 57 PETROLEUM PRODUCTS Table 18.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources,1 [Base year in bold-faced type.] KEROSENE OIL. YEAR AND MONTH. GAS AND FUEL LUBRICATING OIL. OIL. Produc- Stocks. Produc- Stocks. Produc- Stocks. tion. tion. tion. KEROSENE OIL. Production. Stocks. LUBRICATING OIL. GAS AND FUEL OIL. Production. Stocks. Production. Relative to 1919. 1917 monthly average., 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. Thousands of gallons. A . - I N D E X NUMBERS. Stocks. B.—NUMERICAL DATA. 100 100 99 126 134 100 100 98 95 109 110 111 125 97 93 108 101 85 77 75 77 108 105 116 121 81 87 195,956 194,523 191,110 184,469 93 89 88 97 139 140 137 126 111 109 118 131 80 83 85 02 126 135 131 129 84 82 82 81 180,877 173,581 172,214 189,010 419,078 421,343 410,853 378,549 707,198 689,878 751,194 834,323 641,968 655,152 708,608 89,252 94,964 92,370 91,079 135,882 133,213 131,866 130,798 102 110 110 108 126 128 133 131 132 130 129 135 100 104 105 109 122 132 129 129 81 84 199,140 213,742 214,804 210,668 379,301 393,071 836,700 823,115 822,638 859,131 771,127 799,024 808,803 837,404 86,230 93,230 91,180 90,895 130,450 136,195 142,181 160,522 105 84 87 80 139 143 149 153 132 115 119 128 120 129 130 137 122 103 103 108 114 125 138 155 205,375 163,082 169,248 156,157 418,748 430,045 446,367 458,667 836,684 732,542 758,335 813,144 921,028 993,127 1,005,318 1,056,485 85,909 72,432 73,003 76,457 183,813 201,628 223,414 249,593 May.... June.... July.... August. 74 73 71 74 151 145 137 130 129 130 127 123 151 162 165 161 145,225 141,637 138,724 143,652 452,438 435,057 412,202 817,368 807,428 784,450 1,163,389 1,248,664 1,269,419 1,243,446 70,000 93 94 162 162 160 150 65,893 66,473 261,760 260,883 258,638 242,530 September.. October November.. December.. 79 94 90 87 124 111 113 113 124 131 126 136 160 161 166 173 108 109 117 143 134 141 134 154,017 182,454 175,240 170,315 371,235 334,580 340,026 341,009 788,408 833, 775 799,257 865,769 1,229,254 1,238,269 1,279,451 1,331,265 69,053 75,971 77,005 82,573 230,227 216,770 228,038 216,766 109 111 135 120 171 171 105 98 152 161 172,917 167,220 327,484 932,330 858,111 761,085 1,319,481 1,314,740 74,314 69,123 245,231 259,892 2 173 135 71 100 89 151 85 99 100 124 104 2 82 96 100 146 127 68 78 2 81 143 133,501 152,113 195,136 193,341 162,094 2 521,273 404,847 300,582 379,472 402,522 524,036 610,116 635,607 738,451 805,318 2 621,860 548,221 770,362 687,858 1,164,926 60,137 70,122 70,563 87,226 73,155 122,526 144,234 161,491 137,212 231,172 327,549 330,121 334,617 376,358 617,555 589,685 686,946 643,089 652,081 590,322 580,183 590,687 75,879 74,243 81,819 85,568 141,690 132,759 130,631 140,356 2 76 89 100 85 1920. January... February.. March April May.... June July.... August. September.. October November.. December.. 1921. January... February.. March April 1922. January... February.. March April May. June. i Data from U. S. Department of the Interior, Bureau of Mines; stocks are refiners' holdings at end of month. * Six months' average, July-December, inclusive. 58 PETROLEUM. Table 19.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] CRUDE PETROLEUM. YEAB AND MONTH. Production. Stocks.' Imports. Consumption. GASOLINE. Total Price, shipments Kansasfrom OklaMexico.' homa. Oil wells completed. I Production. Relative to 1913. 100 100 139 138 122 97 102 115 169 100 104 122 144 145 154 181 189 105 109 150 212 297 610 704 163 108 158 107 173 1OO 86 62 135 190 100 87 48 98 87 158 160 201 201 246 337 594 235 244 364 182 93 110 127 77 429 189 373 310 101 102 350 178 356 321 94 98 106 441 187 477 375 115 111 172 105 434 176 468 375 131 176 105 476 199 520 375 178 108 577 198 490 185 108 462 206 189 110 742 average. average. average. average average-, 100 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. 1920. January .. February. March April May.... June July.... August. September.. October November.. December.. 109 115 123 137 100 118 Stocks end of month. 4 Relative to 1919. 1OO 82 127 154 213 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly Domestic Exports. consumption. 5 72 113 90 153 1OO 173 142 100 91 . 82 100 100 124 131 134 99 83 109 105 87 119 154 89 133 108 142 104 136 141 116 224 132 122 375 141 126 212 149 107 569 375 120 128 265 152 87 223 715 375 154 135 190 168 68 123 130 183 109 216 802 375 137 138 128 157 61 191 111 766 221 790 375 131 141 213 134 64 187 114 952 207 748 375 134 137 130 128 75 188 117 206 816 375 122 141 212 103 98 January.. February. March.... April 183 171 198 193 118 140 829 744 176 171 148 185 103 681 364 207 187 187 115 132 856 765 749 138 227 180 207 195 121 116 121 144 151 158 May.... June July.... August. 203 195 194 198 147 153 159 160 616 691 542 226 190 196 190 195 650 793 269 259 161 127 107 107 136 130 127 131 130 124 89 156 124 155 160 176 169 159 145 120 September.. October November.. December.. 176 172 183 203 163 164 168 175 616 784 876 029 191 207 211 219 817 107 166 228 241 49 47 56 70 126 134 131 133 114 154 150 117 153 159 122 109 109 97 105 124 208 187 206 851 241 72 135 163 149 197 199 814 182 781 241 72 121 124 173 227 210 944 224 800 241 1921. 125 767 776 814 118 91 77 92 73 127 129 79 1922. January... February. March April May.. June. See footnotes on opposite page. 172 59 PETROLEUM. Table 20.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] CRUDE PETROLEUM. Production.* Y E A R AND MONTH. Stocks.2 j ConImports. ! s u m p j tion. Total Price, Oil wells shipcomm e n t s KansasOklapleted. from 3 homa. Mexico. Per barrel. Thousands of barrels. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average... | 2 0 , 7 0 4 average... | 22,147 average... j 23,425 average... 25,064 average...' 27,943 1918 monthly 1919 monthly 1920 monthly 1921 monthly average... average...! average... j average... i GASOLINE. Number of wells. 123,709 145,914 144,556 128,201 1,484 21,808 1,437 21,774 1,512 22,772 1,714 26,549 2,514 ; 31,478 2,159 1,766 2,743 3,318 4,608 80.934 .798 .583 1.258 1.775 1,592 1,389 763 1,565 1,383 29,661 31,477 35,950 39,137 103,886 110,026 114,696 157,757 3,144 4,401 9,054 10,442 34,423 34,873 43,732 43,784 5,319 7,280 12,814 15,093 2.197 2.279 3.404 1.704 1,487 1,747 2,024 1,218 33,774 32,723 35,831 35,583 112,874 111,981 111,144 110,732 41,232 38,894 40,671 38,455 8,061 7,688 10,288 10,092 2.900 3.000 3.500 3.500 36.503 36,946 38,203 39,055 110,653 113,029 113,815 115,699 7,066 8,563 6,853 11,012 43,374 43,108 44,945 48,732 11,226 10,574 12,275 15,438 37,532 39,592 38,699 38,961 115,688 116,402 119,994 123,291 11,996 11,362 14,136 13,118 47,186 48,174 45,045 44,967 1921. January... February.. March April 37,959 35,366 40,905 40,040 124,256 130,884 138,181 145,016 13,193 11,384 12,303 10,104 May.... June July.... August. 41,985 40,354 40,252 40,894 153,814 161,048 167,352 168,190 September.. October November.. December.. 36,508 35,539 37,880 41,957 1922. January... February. March April 43,141 40,814 46,916 1920. January.. February. March April May June July August , I j I 104,962 Production. Exports.5 Do m stic j r * •S- Stocks Thousands of gallons. 237,546 34,676 297,526 406,879 429,462 46,926 30,667 52,979 43,690 I 260,265 j 286,320 I 354,848 ! 376,382 1,606 1,491 1,830 2,090 336,719 322,589 367,138 355,597 30,352 32,181 47,077 43,432 238,205 248,395 256,021 297,001 515,934 562,996 626,393 643,553 3.500 3.500 3.500 3.500 2,237 2,249 1,910 2,456 381,079 415,159 423,420 444,141 68,556 65,059 81,279 58,300 378,913 427,243 434,869 479,741 577,672 504,056 413,279 323,240 17,311 17,051 16,151 17,609 3.500 3.500 3.500 3.500 2,185 2,086 2,136 1,945 453,881 465,788 452,642 464,393 39,202 65,335 39,957 65,025 450,889 384,802 366,831 295,262 288,195 301,284 354,836 462,382 49,444 39,328 45,161 42,561 18,481 16,506 16,173 16,066 3.400 1.938 1.750 1.750 1,825 1,574 1,452 1,224 460,432 388,188 419,795 426,215 54,065 52,497 45,392 56,624 294,751 225,195 346,165 333,291 571,984 680,540 713,043 747,223 9,148 10,255 8,047 3,352 41,461 42,789 41,457 42,523 14,026 17,122 5,806 5,582 1.500 1.188 1.000 1.000 1,405 1,471 1,162 952 448,568 430,344 419,642 431,577 39,859 38,128 27,383 47,831 354,263 445,025 457,758 503,513 800,496 750,644 684,237 567,646 171,361 172,607 176, 490 183,890 9,139 11,635 12,994 13,753 41,595 45,181 46,122 47,785 17,634 16,746 17,571 19,397 1.000 1.550 2.125 2.250 788 752 899 1,108 416,913 440,956 431,887 439,031 35,055 47,116 45,867 35,990 438,084 454,992 350,548 313,001 515,326 456,270 495,590 586,087 196,228 208,851 220,133 13,007 12,077 14,004 44,906 39,600 48,840 18,364 16,852 17,274 2.250 2.250 2.250 1,151 1,143 1,323 444,623 398,223 49,856 38,170 52,814 282,717 251,759 705,711 818,546 6,372 | 5,187 j 6,543 ! 6,443 329,821 218,420 | 343,946 386,202 472,411 464,485 630,757 I September October November December I ! ! May.. June. - Except shipments of crude petroleum from Mexico. Crude petroleum production, stocks, imports, and consumption, and completion of oil wells, from U. S. Department of the Interior, Geological Survey; Wholesale price of crude petroleum, average for the month, from U. S. Department of Labor, Bureau of Labor Statistics; Data on gasoline from U. S. Department of the Interior, Bureau of Mines. 8 Figures for earlier years adjusted to represent approximate net stocks to conform with data for current months. »Mexican petroleum shipments from the three ports, Tampico, Port Lobos, and Tuxpam, form the best current measure of Mexican oil production. These figures are compiled from those published in the Oil Trade Journal. Current month is approximate from Oil, Paint, and Drug Reporter. 4 Yearly figures for "stocks at end of month" are averages of monthly figures. & "Exports of gasoline," as used by the Bureau of Mines, includes the items "gasoline" and "all other naphtha, etc., "as reported by the U. 8. Department of Commerce, less exports to the Philippine Islands. • Represents production transported from field of production, does not include oil consumed at locality of production. 60 PAPER AND PRINTING. Table 21.—INDEX NUMBERS. Baaed on data from Government sources.1 I Base year in bold-faced type; index numbers on opposite page.] NEWSPRINT PAPER. YEAR AND MONTH Production. Ship- Stocks, end m e n t s . m o n tof . h ALL OTHER PAPER. Production. Ship- Stocks, end m e n t s . m o n tof. h Relative to 1919. EXPORTS. Newsprint. Total printing paper. Relative to 1913. 1OO 141 128 178 217 1913 monthly av. 1914 monthly a v . . . . 1915 monthly av .. 1916 monthly av 1917 monthly av 125 185 151 154 186 205 220 121 123 137 .119 147 158 184 166 176 184 210 186 122 125 135 145 231 235 245 238 133 140 124 125 192 202 187 189 176 184 171 187 149 156 156 160 145 146 152 158 228 218 213 183 100 109 98 105 119 117 102 90 180 184 160 141 194 186 180 184 171 137 70 54 163 159 158 145 175 177 177 151 162 146 131 121 82 75 82 75 75 71 75 79 113 90 95 92 180 162 162 152 51 17 30 35 61 35 40 47 141 140 128 128 151 146 132 131 118 120 117 120 57 62 75 84 67 76 81 86 77 77 78 83 141 148 132 150 108 103 105 111 31 20 35 44 41 30 38 49 131 113 113 110 120 111 110 110 98 95 97 85 80 84 88 93 92 111 105 105 82 98 92 93 151 146 139 149 HI 115 122 70 23 78 72 32 77 101 98 97 95 95 95 86 83 84 90 85 96 104 86 91 150 133 1OO 119 84 1OO 74 112 224 255 106 39 256 326 164 65 1 113 100 112 112 112 90 112 117 71 117 115 91 130 112 128 126 128 106 131 121 70 80 73 81 106 77 103 85 July August 113 114 113 112 111 112 115 110 95 100 92 103 129 131 132 131 132 133 130 130 73 67 69 68 September October November December 106 109 107 109 105 110 109 105 103 94 85 103 130 124 98 80 131 120 93 75 1921. January February March April 108 90 94 101 101 84 91 106 135 164 175 147 74 76 83 76 July August 69 77 82 89 72 80 83 88 130 111 107 113 October November December 86 89 91 94 83 95 91 93 92 85 103 90 84 102 1922. January February March April 1OO 137 136 100 135 141 100 213 118 146 116 188 152 117 122 123 127 117 125 125 122 146 145 97 123 203 188 153 153 126 128 140 144 65 70 80 88 88 65 155 92 131 123 221 194 67 71 77 75 101 109 119 120 69 70 30 35 76 79 69 85 75 75 70 86 121 122 118 115 126 96 97 100 94 110 108 100 97 112 106 98 111 116 118 100 101 119 97 98 114 Mav Relative to 1918. 174 89 1OO 121 86 May Relative to September, 1920. Relative to 1919. 100 106 1OO 97 125 May Paper Spot purchases. 3 ConConmartract tract Sales 3 ket, Activity. 2 Canado(value). domestic. dian. mestic. Q u a n - Value. tity. 100 95 121 85 1OO 109 89 1920. January February March April PRINTING. 1OO 122 135 243 247 100 110 89 1918 monthly av 1919 monthly av 1920 monthly av 1921 monthly av PRICES OF NEWSPRINT. See footnotes on opposite page. 78 100 61 PAPER AND PRINTING. Table 22.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] ALL, OTHER PAPER. NEWSPRINT PAPER. YEAR AND MONTH. Production. Shipments. Stocks, end of month. Production. Shipments. Stocks, I end of I month. monthly average. monthly average. monthly average. monthly average. monthly average. 1918 1919 1920 1921 monthly average monthly average monthly average monthly average Newsprint. PRICES OF NEWSPRINT. Total Contract, Contract, Spot printing domes- Cana- market, paper. tic. dian. domestic. Thousands of pounds. Short tons. 1913 1914 1915 1916 1917 EXPORTS. 7,202 10,132 9,194 12,789 15,644 Per 100-pound roll. 9,545 11,654 12,899 23,152 23,597 114,543 125,997 102,182 114,880 125,215 102,252 23,929 23,324 29,940 401,320 485,221 344,507 403,946 481,830 340,084 215,070 158,586 241,455 16,123 18,378 7,663 2,808 24,395 31,160 15,656 6,157 83.721 5.107 5.054 $3,651 4.922 5.142 $4,290 9.143 5.042 1920. January... February March April 129,663 114,235 127,847 1*28,269 128,098 103,214 128,238 134,160 16,934 27,955 27,564 21,673 520,630 450,265 513,496 506,133 518,617 429,122 528,420 488,753 150,961 172,104 157,180 174,560 7,668 5,562 7,387 6,137 13,946 11,104 17,983 14,478 4.362 4.533 4.577 4.726 4.267 4.569 4.556 4.463 6.624 7.997 8.797 9.443 Mfejy.... June July.... August. 129,230 130,380 129,853 128,818 128,080 129,213 131,821 126,129 22,823 23?, 990 22,022 24,711 516,183 526,942 528,665 525,340 534,507 538,869 525,539 526,869 156,236 144,309 147,435 145,906 10,522 10,407 7,001 8,853 19,332 17,967 14,578 14,580 4.673 4.752 5.211 5.371 4.457 4.550 4.938 5.306 9.905 10.072 10.498 10.212 September. October November. December.. 121,005 124,818 122,993 124,857 121,123 126,815 125,323 120,360 24,593 22,596 20,266 24,763 522,013 497,146 395,151 320,682 527,172 486,509 373,958 303,626 140,747 151,384 172,577 189,633 6,364 4,703 11,194 6,648 12,476 11,762 21,123 18,546 5.531 5.790 5.792 5.969 5.308 5.343 5.541 5.770 9.800 9.362 9.148 7.854 1921. January... February. March April 123,830 103,040 107,532 115,408 116,176 96,281 104,919 122,091 32,417 39,176 41,789 35,106 296,638 304,926 338,245 306,604 269,747 287,398 311,749 303,493 216,524 234,052 255,548 258,659 4,963 5,066 2,192 2,556 16,369 13,101 6,682 5,173 6.076 5.921 5.862 5.409 6.385 6.458 6.480 5.507 6.945 6.279 5.623 5.206 May.... June July.... August. 78,868 87,724 94,247 102,277 82,776 92,293 95,357 100,668 31,198 26,629 25,519 27,128 305,127 316,887 276,182 340,242 303,895 304,620 284,315 347,386 259,891 262,158 254,025 246,881 3/, 709 1,203 2,131 2,521 5,787 3,355 3,803 4,512 5.248 5.227 4.770 4.762 5.497 5.322 4.824 4.758 5.056 5.129 5.013 5.160 September. October November. December.. 98,898 101,884 104,604 107,877 95,785 109,110 104,492 107,070 30,241 23,015 23,127 23,934 379,028 440,524 434,272 400,407 393,343 451,448 427,114 396,497 232,566 221,642 225,800 239,710 2,233 1,409 2,513 3,198 3,895 2,881 3,643 4,986 4.886 4.188 4.194 4.102 4.388 4.069 4.002 4.018 4.185 4.070 4.170 3.666 1922. January... February. March April 105,808 97,786 117,507 103,192 96,521 117,142 26,550 27,815 28,180 400,387 404,031 476,353 391,676 395,529 461,933 238,421 246,923 261,343 5,073 1,672 5,582 6,841 3,025 7,309 3.756 3.629 3.615 3.484 3.479 3.482 3.685 3.581 3.601 May.. June. 1 Except printing activity, from United Typothetae of A merica and printing purchases and sales from A merican Writing Paper Company. Data for paper, except exports, are furnished by the Federal Trade Commission; exports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Printing activity based on productive hours reported by plants in 52 cities in 30 states, each department being weighted for the combined index number. 3 Purchases of printing paper and sales of printed product by about 350 concerns, doing from 20 to 25 per cent of the total commercial printing business of the country. AS the paper industry was in a great boom in 1919, index numbers based on that year are not regarded as true indices; therefore 1918 was taken as a base. 62 WOOD PULP, GLASS, AND OPTICAL GOODS. Table 23.—INDEX NUMBERS. Based on data from Government and Non-Government sources,1 [Base year in bold-faced type. ] GLASS BOTTLES. WOOD PULP. Mechanical. YEAR AND MONTH. Production. Relative to 5-year average. 1909-1913 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average.. average.. SPECTACLE FRAMES AND MOUNTINGS. Chemical. Consump- Stocks tion at end Imports. and of ship- month. ments. Relative to 1919. ILLUMINATING GLASSWARE. Production. Consump- Stocks tion at end Imand of ports. ship- month. ments. Production. Relative to 5-year Relative average. to 1919. Relative to 1919. Net orders. Actual Ship- Sales Unpro- ments (ship- filled duc- billed. ments). orders. tion. Relative to May, 1921. Relative to 1913. Relative to 1919. 1OO 110 76 132 100 109 87 1OO 110 100 150 128 138 78 108 141 93 102 117 97 1OO 117 79 100 116 79 63 99 130 128 141 220 174 100 104 69 76 70 71 82 119 73 59 57 119 102 116 116 122 102 116 118 70 70 68 63 226 184 211 141 100 106 113 107 304 317 394 422 120 133 147 153 119 123 117 121 121 125 120 120 58 55 48 53 197 196 172 304 110 101 81 78 427 397 274 332 170 162 134 120 100 100 . j 100 .j 110 .'\ 1 2 1 .i'| 1 4 9 . I 169 . | 219 . ! 298 100 . ! 339 127 218 ! 45 1920. January... February. March April 92 85 116 135 110 96 113 119 May.... June.... July.... August.. 143 115 102 92 121 117 114 112 74 105 117 164 199 September. October.... November. December.. 87 104 115 121 104 103 104 104 61 70 84 163 105 117 135 117 138 116 97 118 118 114 94 53 64 72 80 292 290 218 208 102 124 123 106 314 358 331 203 113 105 98 73 117 98 118 132 102 90 97 103 95 101 118 141 86 13 16 35 78 74 68 77 74 75 70 100 113 113 106 139 61 100 87 68 68 195 226 244 265 45 49 51 57 81 66 62 61 74 75 79 85 147 140 127 108 42 49 93 100 73 68 64 75 72 68 67 77 112 111 102 99 80 109 164 173 60 54 48 50 1OO 82 49 70 1OO 110 48 46 1OO 102 92 62 248 218 141 179 54 49 39 27 55 68 90 101 79 84 93 95 89 77 75 80 176 160 216 173 78 94 101 94 82 99 102 92 91 79 80 87 255 221 279 459 50 70 86 86 92 133 137 98 71 115 162 161 85 132 159 148 218 243 218 220 35 41 44 43 90 82 119 84 81 108 127 56 75 90 106 89 104 94 99 106 374 260 190 108 82 90 81 132 138 114 136 233 259 41 45 42 1921. January... February. March April May June July.... August.. September. October.... November. December.. 1922. January... February. March April May.. June. See footnotes on opposite page. 63 WOOD PULP, GLASS, AND OPTICAL GOODS. Table 24.—NUMERICAL DATA. Front Government and Non-Government sources*1 [Base year in bold-faced type; index numbers on opposite page.] ILLUMINATING GLASSWARE. WOOD PULP. Mechanical. YEAR AND MONTH. Production. Consumption and shipments. Stocks at end of month. Chemical. Imports. 2 Production. Consumption and shipments. Stocks at end of Imports. 2 month. Short tons. 1913 monthly 1914 monthly 1915 monthly 1916 monthly average.. average.. average.. average.. average.. 25,521 18,105 12,638 21,877 38,091 32,861 35,100 23,257 average average average average 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly Per cent of capacity. 16,463 1909-1913 monthly average. Actual ShipNet orders. produc- ments tion. billed. I I i i 16,000 161,247 188,156 127,744 160,375 185,536 127,467 53,725 33,720 53,409 33,230 32, 728 36,147 56,153 44,457 117,033 107,552 109,288 126,693 19,688 11,973 9,642 9,416 191,706 164,050 187,476 187,108 195,866 164,241 186,754 189,753 37,484 37,800 36,576 33,822 57,567 46,847 53,868 36,034 146,061 140,582 137,230 135,146 152,973 151,340 137,440 113,499 17,227 19,195 26,996 32,805 191,474 198,166 189,004 194,760 194,393 199,698 192,493 192,132 30,903 29,371 25,882 28,510 50,360 50,127 44,040 77,710 104,975 125,518 139,535 146,718 125,651 124,191 125,156 125,621 92,823 94,150 108,529 129,626 26,812 17,212 19,243 22,299 188,938 222,874 186,506 155,809 188,933 188,562 182,379 151,225 28,515 34,312 38,439 43,023 74,614 73,923 55,752 53,007 140,999 117,884 142,850 159,442 123,661 108,857 116,820 124,161 146,964 155,997 182,027 217,308 14,076 3,275 2,684 5,687 134,354 125,913 119,482 109,364 123,524 119,157 119,602 112,869 53,853 60,609 60,489 56,984 35,478 15,682 17,622 20,848 97,963 80,337 75,405 73,666 89,182 90,357 95,386 103,153 226,089 216,069 196,088 166,501 7,072 8,117 15,329 16,405 118,138 109,052 102,768 121,510 114,995 109,689 107,573 122,753 60,127 59,490 54,685 53,442 20,322 27,698 41,756 44,181 37.0 30.5 18.0 25.9 31.9 35.1 15.2 14.7 30.8 31.3 28.3 19.1 66,965 82,511 108,186 121,804 95,894 100,777 112,228 114,087 137,672 119,406 115,365 123,080 28,958 26,397 35,504 28,498 126,514 151,699 163,101 151,031 131,174 158,050 162,841 147,380 48,782 42,431 43,172 46,843 65,206 56,419 71,204 117,068 34.0 49.3 50.6 36.2 22.6 36.6 51.7 51.2 26.2 40.7 49.1 45.6 109,175 98,742 143,596 101,957 98,315 129,931 125,298 125,725 139,390 20,920 9,138 12,425 157,746 144,568 170,995 158,774 142,399 167,112 50,815 52,984 56,867 95,525 66,443 48,376 40.0 36.4 42.0 43.9 35.0 41.8 15,456 120,817 131,525 105,668 120,660 132,308 106,214 154,251 120,079 166,880 January... February.. March April 110,835 102,141 139,667 163,086 133,106 115,794 135,953 143,202 May.... June July.... August. 172,341 138,949 123,330 111,205 September. October November.. December.. 16,855 19,375 1920. 1921. January... February.. March April May.... June July.... August. September. October.... November.. December.. 1922. January... February.. March April , May.. June. 1 Glass bottles, from National Bottle Manufacturers A ssociation, based on reports of identical firms representing approximately 90 per centof the capacity of the industry. Illuminating glassware from reports of identical firms by the Illuminating Glassware* Guild, estimated to represent from 70 to 75 per cent of the capacity of the industry; and spectacle frames and mountings from the Optical Manufacturers Association, representing about 60 per cent of the industry. Data for wood pulp are from the Federal Trade Commission. * Import figures converted from long to short tons to agree with production and stocks. 64 AUTOMOBILE TIRES. Table 25.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 f Base year in bold-faced type.] PNEUMATIC TIRES. Production. Stocks. YEAR AND MONTH. INNER TUBES. Shipments, domestic. Production. Stocks. RAW MATERIAL CONSUMED. SOLID TIRES. ShipShipments, ments, • Produc- Stocks. domestion. domestic. tic. Fabrics. Crude rubber. 100 100 Relative to 1921. A.—INDEX NUMBERS. 1921 monthly average. 1920. November December 100 36 100 100 100 100 100 140 42 33 134 70 23 127 60 40 131 100 65 100 100 129 78 27 37 131 93 25 24 1921. January February March April May June July August September October November December 1922. January February March April 126 51 33 122 45 60 132 39 37 45 123 56 41 119 49 66 132 67 44 44 64 109 85 60 110 72 81 123 100 67 67 91 107 94 78 108 87 82 117 96 97 96 116 106 109 98 104 102 115 91 117 117 127 99 139 104 84 141 104 113 120 118 141 92 145 134 68 157 95 95 127 143 132 167 93 152 196 80 166 158 94 152 166 171 106 79 107 145 84 115 106 70 114 113 109 106 84 109 88 126 104 88 131 71 104 103 97 70 94 114 67 123 75 79 95 98 101 104 92 104 110 114 73 95 101 118 103 149 113 99 84 104 115 114 79 76 115 115 111 82 115 134 74 112 79 84 100 146 123 109 134 153 91 140 79 110 141 May June Number. Pounds. B.—NUMERICAL DATA. 1921 monthly average... 1,818,314 4,213,384 1,905,616 2,258,517 4,568,067 2,292,287 35,354 230,862 43,960 6,696,317 17,922,039 1920. November December 1921. January February March April May! June July August September October November December 1922. January February March April 649,742 I 5,880,016 506,111 \ 5,508,380 806,023 1,327,153 742,815 508,446 6,131,935 5,786,929 1,481,285 21,355 16,297 298,875 303,473 34,217 40,828 1,801,750 1,649,772 6,563,258 4,259,746 5,319,605 703,430 5,193,018 819,892 4,597,103 1,163,314 4,527,445 1,651,418 4,451,668 2,100,917 4,154,456 2,313,265 2,570,524 | 3,892,037 3,043,187 j 3,934,583 1,929,268 I 3,340,798 1,928,271 | 3,545,030 1,756,555 ! 3,908,342 3,696,519 1,839,738 965,4*7 1,073,756 1,614,651 1,785,951 2,085,882 2,643,850 2,757,581 2,894,422 2,047,929 1,675,169 1,342,519 1,980,264 740,824 916,627 1,346,483 1,762,122 2,210,040 2,359,928 3,020,981 4,430,152 3,274,822 2,843,918 2,126,211 2,070,098 5,586,163 5,415,464 5,044,861 4,916,772 4,751,880 3,835,098 3,122,815 3,649,319 3,827,830 4,732,016 5,203,568 4,731,021 1,042,617 1,129,881 1,643,690 1,983,571 2,342,567 3,232,673 3,603,248 3,804,060 2,645,758 2,016,371 1,540,299 2,522,710 21,220 23,355 28,710 28,859 35,156 28,395 35,123 55,694 37,441 46,274 43,537 40,478 303,753 304,374 283,800 269,985 264,633 240,336 220,003 216,367 161,832 163,299 173,451 168,515 29,116 29,599 43,926 42,080 40,122 49,867 55,678 66,866 50,276 45,911 34,556 39,520 2,598,143 2,952,058 4,474,965 6,524,668 7,863,738 8,044,486 9,565,128 11,131,256 7,580,858 6,905,681 6,349,808 6,365,014 6,625,435 7,823,657 12,075,298 17,191,149 21,050,554 21,207,555 23,719,637 30,634,353 19,476,415 19,602,342 17,608,993 18,049,077 2,055,134 j 2,084,308 2,645,790 1,596,806 1,562,365 2,073,963 2,343,393 2,596,774 3,017,511 5,246,647 6,141,956 6.991,118 1,889,724 1,702,583 2,090,737 40,224 39,492 49,433 181,769 183,448 182,197 33,294 36,805 48,350 7,706,622 6,710,973 9,431,205 21,180,446 18,466,916 26,771,245 4,174,216 4,691,329 5,183.286 May June 1 Data furnished by the Rubber Association of America. The number of firms has increased from 36 in November, 1920, to a maximum of 64 in August, 1921. It is stated by the Rubber Association that this variation in the number of firms does not change the totals to any great degree, except for the omission of the Firestone Tire Company beginning in September, 1921. 65 AUTOMOBILES AND RUBBER. Table 26.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA, Data front commercial and trade sources.1 [Base years in bold-faced type.] INDIA RUBBER. AUTOMOBILES. Shipments.2 Y E A R AND MONTH. Shipments.2 Productions Wholesale price, ImPara Pasports. Island, By rail- Driven By | senger Trucks, New road. away. boat. York. Relative to 192^. INDIA R U B B E R . AUTOMOBILES. road. Driven away. Relative to 1919. Relative to 1913. Carloads. Production.3 By boat. Passenger cars. Imports. Pounds. B . _ N U M E R I C A L DATA. 38,458 45,307 68,218 124,468 145,066 1,958 2,115 6,167 7,500 10,680 9,656,720 11,922,097 18,456,827 22,507,517 33,803,190 $0,807 .616 .557 .669 .648 77,199 138,138 156,930 127,916 26,364 26,837 12,090 27,163,276 44,661,702 47,212,178 31,606,109 .549 .483 .333 .132 06,427,415 71,351,904 82,477,607 63,629,269 .463 .432 .412 .411 44,099,902 43,538,723 45,454,437 44,047,264 .404 .385 .353 .303 5,469 2,519 659 27,883,748 20,516,090 32,955,016 24,161,761 .253 .217 .192 .180 3,185 7,507 9,939 14,197 93 99 75 1,619 28,911,753 21,933,165 28,508,995 26,087,408 .173 .168 .180 .178 2,381 3,947 3,726 3,595 165,574 167,705 10,766 13,080 23,890,838 34,624,748 27,647,874 33,103,804 .179 .164 .164 .165 1913 monthly a v . 1914 monthly a v . 1915 monthly a v . 1916 monthly a v . 1917 monthly a v . 28 33 49 90 105 23 28 41 100 123 191 233 350 1918 monthly a v . 1919 monthly a v . 1920 monthly a v . 1921 monthly a v . 56 100 114 93 72 100 102 46 281 462 489 358 60 41 23 20,922 16,263 39,239 12,031 739 854 659 57 54 51 51 25,057 25,505 29,326 17,147 29,283 43,719 57,273 64,634 457 451 471 456 50 48 44 38 21,977 22,516 23,082 23,386 74,286 60,746 52,342 34,060 8,350 8,702 7,095 212 341 250 31 27 24 22 20,804 17,209 13,253 11,802 24,431 14,127 9,497 279 227 295 270 21 21 22 22 6,485 16,287 20,187 22 18,608 100 78 100 31 1920. January February March April 120 122 140 82 75 111 146 165 May.... June July.... August. 105 108 110 112 189 155 133 87 100 39 September. October November.. December.. 62 36 24 16 1921. January February March April 8 19 25 116 54 14 2 2 2 34 May.... June July.... August. 97 93 99 48 September. October November.. December.. 91 85 68 58 35 33 27 19 73 94 120 19 26 40 1922. January February March April , 178 1S5 151 40 51 84 79 77 63 47 30 3 Per pound. Trucks. Number of machines. A.—INDEX N U M B E R S . Wholesale price, Para Island, New York. 100 76 69 4,698 1,854 120 121 41 50 343 20 19,514 20,758 15,193 18,834 15,533 15,218 105 98 77 51 52 49 38 32 358 493 536 607 22 26 27 26 19,002 17,717 14,240 12,100 13,840 12,926 10,505 7,500 2,959 2,214 1,402 134 144,669 134,734 106,042 70,690 13,648 12,813 10,010 8,307 34,546,411 47,642,303 51,731,184 58,644,821 .174 .210 .215 .211 59 79 111 35 49 74 559 691 665 24 15,297 19,636 25,210 7,467 10,173 15,804 143 180 264 81,642 109,121 152,920 9,186 12,944 19,423 54,010,946 66,744,240 64,215,222 .193 .163 .161 247 20 20 20 20 May.. June. 1 Except india-rubber imports from XI. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and wholesale prices, average weekly, from U. S. Department of Labor, Bureau of Labor Statistic ?. 8 Compiled by the National Automobile Chamber of Commerce. Represents shipments from factories covering almost the entire automobile production of the United States. * Total of membership of the National Automobile Chamber of Commerce and chief outside manufacturers, representing practically complete passenger-car production and slightly less complete truck production. Annual figures represent complete production as compiled by National A utomobilc Chamber of Commerce. 100797°—-22 5 66 HIDES AND LEATHER—PRODUCTION AND STOCKS. Table 27.—INDEX NUMBERS. Based on data from Government and non-Government sources. [Base year in boldfaced type; numerical data on opposite page.] STOCKS OF HIDES AND SKINS.1 YEAR AND MONTH. Total Sheep Total and cattle calf a n d lamb kip hides. skins. skins.* SOLE AND BELTING LEATHERS Total hides and skins. UPPER LEATHER.! Stocks Stocks Stocks in proc- Produc- Stocks i n proc- Product i o n of t i o n of end of ess of finished end of ess of finished m o n t h . tan- leather. m o n t h t a n - leather. nins. ning. OAK SOLE AND LEATH- SKIV- UNION ERS. ER. HARNESS.' SALES OF BELTING,* Production.* Q u a n - Value. tity. Relative to 1921. Relative to 1919. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 88 100 «107 « 214 106 119 104 108 66 86 88 99 1OO 100 1OO 1OO 100 100 100 99 74 82 80 100 107 116 116 111 96 116 113 133 118 145 74 91 95 81 70 100 100 98 42 100 102 59 91 82 94 85 100 100 100 88 111 100 82 79 108 103 84 88 111 106 105 102 129 117 119 108 162 148 150 136 122 40 1920. February March... April May. . Julv 85 148 97 105 113 103 116 111 103 104 96 105 137 100 105 111 78 80 85 91 109 105 100 99 94 98 86 93 86 91 101 101 92 85 87 83 61 81 76 75 73 78 70 72 92 97 87 66 100 101 77 70 97 74 49 44 123 95 61 50 March April 115 116 114 109 137 120 95 100 100 95 98 99 117 115 110 107 96 95 98 98 96 100 100 101 87 83 99 94 101 101 115 99 83 85 93 96 63 58 84 87 63 63 72 76 95 93 112 90 44 60 74 73 44 40 43 41 49 44 46 40 May June July August 109 105 94 95 103 103 97 91 101 104 104 106 107 105 95 95 105 102 102 100 100 98 99 98 98 102 98 105 99 98 99 97 99 101 107 106 92 108 109 121 83 81 76 86 96 98 82 143 60 60 47 51 43 42 46 48 42 39 40 42 September October. November December 89 87 84 84 92 91 88 84 96 99 101 96 90 89 86 85 100 101 100 101 101 104 104 99 100 108 115 111 96 98 98 98 108 108 107 107 116 121 114 127 80 86 91 93 138 132 117 134 52 59 63 66 44 42 37 35 38 37 32 30 1922. January February March April 86 82 81 82 78 79 93 99 91 86 82 81 103 106 103 95 93 90 107 94 99 100 102 106 109 111 107 129 121 134 88 78 78 126 113 129 63 68 82 42 42 36 . 37 September October November December 1921. January Mav 1 See footnotes on opposite page. 67 HIDES AND LEATHER—PRODUCTION AND STOCKS. Table 28.—NUMERICAL DATA. From Government and non-Government sources. [Base year in bold-faced type; index numbers on opposite page.] STOCKS OF HIDES AND SKINS.* YEAR AND MONTH. Total cattle hides. Total calf and kip skins. Sheep and lamb skins. 6 Total hides and skins. SOLE AND BELTING LEATHER.! ProProStocks ducStocks in proc- ducStocks Stocks end of tion of end of in proc- tion of ess of ess of m o n t h . tanning. finished month. tanning. finished leather. leather. OAK SOLE. SKIV- AND LEATHER ERS. UNION | HARNESS.3 SALES OF BELTINGS Quan- Value. tity. Production. 2 av.... av av. .. av . . . 1919 mo. av . . . 1920 mo. av.... 1921 mo. av.... 3 3 9 , 5 4 8 5 8 , 4 1 4 3 2 , 9 3 5 4 3 0 , 8 9 7 1 9 3 , 5 2 8 111,217 25,657 4 2 3 , 0 2 1 164,216 5 7 , 9 8 6 Dozens. Stuffed sides. Pounds. Thousands of dollars. 1,653,073 '16,039 <203,596 Thousands of square feet. Thousands of pounds. 1915mo. 1916 mo. 1917 mo. 1918 mo. UPPER LEATHERS 754,274 846,664 739,628 767,423 $899 1,171 1,199 1,354 Sides. 1,876,285 15,032 9 5 , 2 4 4 710,214 1,365 694,899 1,662 1,535,290 13,274 96,974 1,486,718 16,653 56,481 546 299,165 1920. January February. March April 1,704,269 1,532,115 1,764,387 1,589,756 14,837 95,457 11,140 101,989 12,347 110,606 12,014 110,830 789,323 684,852 826,682 804,989 1,815 1,605 1,975 1,016 May June July August . . . 1,706,003 1,786,466 1,513,844 1,322,594 16,229 15,535 12,563 13,275 105,568 100,718 99,748 97,580 917,024 828,782 843,602 768,279 2,216 2,017 2,043 1,862 September October November December 503,880 330,624 357,433 384,494 59,989 67,714 64,707 60,145 28,089 34,109 31,764 34,433 591,958 432,447 453,904 479,072 151,662 154,159 164,597 175,874 121,255 117,122 111,213 109,653 23,995 25,080 21,999 23,901 365,052 385,114 426,726 426,733 150,579 139,255 142,943 135,767 35,132 47,022 43,788 43,436 1,375,763 1,459,073 1,315,631 1,353,581 13,788 14,626 13,034 9,896 95,204 96,243 73,265 66,482 688,194 527,219 349,081 310,759 1,682 1,302 835 681 1921. January February March April 389,549 393,890 387,759 369,408 79,942 69,880 55,495 58,225 32,960 31,225 32,427 32,481 502,451 494,995 475,681 460,114 186,531 184,707 189,033 191,898 106,705 110,787 111,082 112,321 22,444 21,205 25,502 24,000 425,942 427,508 485,069 419,308 135,515 140,005 152,586 158,224 36,302 33,570 48,955 50,420 1,190,950 14,234 1,177,888 13,987 1,351,140 16,867 1,422,727 13,484 42,236 56,971 70,194 69,922 309,474 285,575 306,146 288,584 666 600 626 552 July August 369,268 356,950 318,678 322,317 59,909 60,325 56,424 53,276 33,335 34,388 34,405 34,760 462,512 451,663 409,507 410,353 204,137 197,206 197,616 193,670 111,662 109,378 110,070 108,439 25,242 26,122 25,028 26,985 420,712 416,553 417,145 411,505 162,498 166,462 174,941 173,848 53,532 62,448 63,217 70,418 1,561,220 14,499 1,521,521 14,753 1,431,373 12,321 1,607,302 21,430 57,480 57,196 44,971 50,857 308,872 300,169 328,514 340,500 572 539 548 570 September October November December 301,094 296,429 285,263 283,969 53,821 53,022 51,562 49,083 31,515 32,663 33,410 31,654 386,430 382,114 370,235 364,706 193,043 194,754 193,841 195,897 112,462 116,044 115,422 110,226 25,683 27,693 29,544 28,431 408,038 413,375 415,304 415,790 177,126 177,769 175,566 176,051 67,545 69,901 65,966 73,557 1,507,185 20,683 1,618,519 19,896 1,705,161 17,533 1,745,625 20,149 49,507 55,879 60,002 62,551 311,709 299,867 262,820 247,748 525 501 439 415 1922. January February March April 290,331 277,160 274,082 48,005 45,362 46,416 30,703 32,612 29,852 369,039 355,134 350,350 199,324 204,471 200,072 105,712 103,311 99,594 27,486 24,200 25,275 422,318 431,704 449,915 179,574 181,885 175,300 74,563 70,296 77,510 1,654,744 18,950 1,466,165 17,021 1,472,528 19,451 59,815 65,067 78,100 295,482 300,291 497 501 May Jiin©r r May June 1 Based onfigurescompiled by the U. S. Department of Commerce, Bureau of the Census. The data embrace returns from packers, tanners, dealers, importers, and manufacturers. As given in the monthly reports by the Bureau of the Census, the returns for hides and skins are expressed in numbers of hides and skins. For the above summary these nave been reduced to pounds on the basis of the average weights of each class. Similarly data on leather have been converted to pounds or square feet from reports in skins, sides, backs, butts, pounds, etc. 2 From reports by the Tanners* Council; sole leather figures include estimates for firms outside the Tanners' Council, so as to represent the total for the country. Figures and8skivers and harness do not include estimates of outside firms and are believed to represent 80 per cent of the total production. Beginning December, 1919, these statistics cover amount of harness leather "stuffed" rather than that produced, but it is stated that the variation between these items is small. < Includes estimated production of firms outside Tanners' Council. * Data from the Leather Belting Exchange, and is estimated to represent from 65 to 75 per cent of the industry. «Includes skins with and without wool, but does not include weight of wool 68 HIDES AND LEATHER—TRADE AND PRICES, Table 29.—INDEX NUMBERS. Based on data from Government sources. [Base year in bold-faced type; numerical data on opposite page.] EXPORTS OF LEATHERS IMPORTS OF HIDES AXD SKINS.* WHOLESALE PRICES.* Hides. i Total YEAR AND MONTH. Sole. I shoes. Total hides ! Calfand j skins. skins. ! Cattle hides. Goat- I Sheepskins, i skins. 60 77 <1OO 97 134 178 176 *1OO 91 55 81 106 123 70 145 99 36 11 79 43 59 161 96 177 120 78 90 63 136 82 64 146 206 196 190 160 117 125 137 57 43 50 54 202 154 145 161 147 107 118 148 116 59 68 58 223 215 114 124 104 108 107 51 64 41 48 105 114 118 66 123 83 95 65 59 45 20 41 60 63 42 55 123 162 138 163 76 77 47 50 26 42 17 20 120 114 53 84 27 16 34 17 111 34 20 32 40 28 25 35 132 139 134 146 51 50 47 52 24 33 42 51 77 73 68 61 25 24 16 33 17 29 23 33 18 35 49 36 64 56 74 129 78 103 80 79 97 66 86 91 112 105 81 46 113 74 123 43 42 50 38 36 67 77 61 59 65 82 52 35 57 85 58 62 70 83 97 67 70 50 63 91 38 46 54 65 82 71 33 44 29 83 122 78 67 68 84 * 100 1909-1913, inc., mo. av 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 100 166 259 289 1OO 98 168 193 140 '86 46 70 44 192 82 40 147 131 211 167 89 133 119 122 97 79 44 51 79 : 1OO 77 101 120 75 144 87 85 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 392 72 97 <1OO I jj 94 108 j | 82 126 141 | ; 1920. ! j i j January... February. March April May.... June j July.... j August.. September. October November. December.. 1921. January... February. March April i j May | June I July | August September. October November.. December.. 90 50 1922. January... February.. March.... 38 40 55 April May.. June.. Green, salted, CalfSole, ! Chrome Men's ! packers' skins, hemlock, | calf, black-calf, *heavy country j middle : " B " blucher native i No. l" j No. 1 j grades steers (Chicago). ;(Boston).;(Boston). ; (Chicago).; Relative to 1909-1913 average.* Relative to 1913. See footnotes on opposite page. Boots and shoes. Leather. Relative to 1913. <1OO 107 104 118 150 I 1OO 107 132 142 1OO 111 114 179 | I ! | 100 107 110 138 100 100 104 106 157 102 105 119 69 HIDES AND LEATHER—TRADE AND PRICES. Table 30.—NUMERICAL DATA. From Government sources. [Base year in bold-faced type; index numbers on opposite page.] EXPORTS OF LEATHER, i IMPORTS OF HIDES AND SKINS.i WHOLESALE PRICES.* Hides. YEAB AND MONTH. Sole. Upper.3 Total boots and shoes. Total hides and skins. ThouThouThousands of sands of sands of square pounds. pairs. feet. Calfskins. Cattle hides. Goat skins. Sheep skins. Per square foot. Per pound. 2,605 4,319 6,751 | 7,540 8,845 6,834 8,967 10,623 842 827 1,412 1,623 «42,854 41,490 .46,350 53,856 60,526 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average j 3,657 j 2,229 I 10,222 1,869 j 1,198 6,175 3,908 17,023 7,288 3,559 1,237 1,100 1,780 1,403 747 52,589 30,158 62,070 42,499 29,003 2,465 758 5,380 2,928 3,995 30,890 18,421 33,940 22,922 15,015 7,409 5,197 11,138 6,684 5,260 6,999 4,372 7,086 6,896 3,822 .327 .301 .393 .312 .406 .371 .685 .368 .149 .535 .484 .528 .534 .358 1920. January... February. March..... April 1,951 3,743 2,264 2,217 11,770 10,538 10,813 8,539 1,233 1,734 1,650 1,603 68,607 50,100 53,430 58,714 3,876 2,957 3,420 3,672 38,694 29,524 27,812 30,809 12,092 8,800 9,661 12,107 10,354 5,452 8,288 8,372 .400 .403 .364 .361 .745 .663 .540 .525 .560 .570 .570 .570 1.275 1.275 1.275 1.250 0.28 0.50 0.60 0.60 May June July August.. 2,061 1,150 1,334 2,063 10,230 5,233 5,991 5,133 1,879 1,809 958 1,046 44,769 46,132 45,892 35,128 3,498 4,386 2,822 3,293 20,103 21,909 22,514 12,665 10,091 6,765 7,751 5,301 8,106 9,473 10,285 .354 .341 .294 .285 .450 .305 .306 .229 .570 .570 .570 .550 1.175 1.075 .875 .875 0.60 0.10 0.10 0.10 September. October.... November. December.. 1,542 5,331 5,552 3,696 4,823 1,037 1,361 1,161 1,370 32,679 32,901 20,065 21,575 1,791 2,877 1,171 1,377 23,062 21,792 10,160 16,021 2,200 1,274 2,810 1,355 4,181 5,536 4,257 2,080 .284 .255 .233 .190 .229 .184 .160 .141 .510 .490 .470 .410 .800 .750 .625 .575 0.10 7.04 7.75 7.75 ,3,508 2,501 2,209 3,108 1,114 1,169 1,125 1,231 21,961 21,519 20,185 22,464 1,645 2,265 2,881 3,503 14,699 13,947 12,935 11,679 2,027 1,989 1,305 2,714 2,073 2,606 2,276 3,909 .168 .136 .115 .101 .153 .134 .125 .136 .400 .380 .370 .370 .525 .525 .526 .525 7.25 7.26 7.25 7.00 1,574 3,137 4,310 3,142 538 471 624 1,088 33,505 44,050 34,378 38,090 5,383 4,501 5,882 17,343 21,496 20,066 15,475 3,762 9,241 6,063 10,078 6,108 5,522 3,110 5,674 .110 .140 .130 .140 .160 .156 .153 .162 .370 .360 .350 .340 1,311 3,822 3,682 5,874 5,843 417 321 301 560 32,806 26,243 25,149 27,686 5,427 3,544 2,411 3,907 16,327 11,064 11,816 13,337 6,772 7,949 5,468 5,757 3,222 2,898 4,440 4,031 .141 .148 .158 .165 .160 .155 .145 .140 .340 .526 .626 .500 .500 1,036 1,435 4,403 5,595 8,078 322 390 455 27,833 35,190 30,344 2,272 3,013 1,971 15,934 23,286 14,908 5,530 5,563 6,908 3,213 2,294 4,517 .165 .160 .138 .138 .135 .340 .350 .350 .465 .465 .425 1921. January... February. March April May June July August.. September.. October November.. December.. 1022. January... February.. March April 529 1,079 2,903 873 627 822 455 765 598 849 858 2,072 2,347 «5,289 5,684 5,495 6,257 8,461 Per pair. 1909-1913, mo. av 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average 1,168 * 19,160 <8,199 18,629 7,473 25,671 6,321 34,053 6,607 33,683 8,686 Boots and i Shoes/ Green, salted, Sole Chrome Men's blackpackers' Calfskins, hemlock, calf/'B' calf, heavy country middle grades No. 1 native (Chicago). No. 1 (Boston) blucher (Boston). (Boston). steers j' (Chicago). Thousands of pounds. <6,815 6,372 5,576 4,076 5,221 Leather. SO. 184 SO. 189 $0. 282 SO. 270 j S 3 . 1 1 I .302 .196 .280 .210 3.17 .309 .242 .285 .215 3.25 .388 .262 .450 .338 3.71 .340 .340 .340 .579 I .970 .985 | .521 4.75 5.63 7.60 8.85 7.00 .626 7.00 .636 7.00 .626 7.00 .526 7.00 7.00 6.76 6.75 6.75 6.75 6.75 6.62 May.. June.. * Data from XJ. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Data from U. 8. Department of Labor, Bureau of Labor Statistics, represent average monthly prices. > Includes calf and kip, goat and kid, grain and finished splits. < Represent five-year (1000-1913) monthly average imports for total hides and skins, total goatskins and total sheepskins, Calfskins and cattle hides based on four-year average, 1010-1013. 6 See p . 14 for production of boots a n d shoes. 70 BUILDING STATISTICS—CONTRACTS AWARDED. Table 31.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] BUSINESS BUILDINGS. YKAB AND MONTH. Number of projects. INDUSTRIAL BUILDINGS. Value. RESIDENTIAL BUILDINGS. i EDUCATIONAL BUILDINGS. HOSPITALS AND INSTITUTIONS. NumNum|Num! Number of .Square! _, ber of Square Value 'I b e r o f ! s < * u a r e i Value ' *>er_ ; Square value. V I value. p r o j of f e e t proj- ! feei. Value. proj- j feet, value.^ p r o j _ f e e t ; ects. i ects. j ects. | I ;i ects. j Relative to 1919. | 1915 1916 1917 191S monthly average. monthly average -. monthly average. monthly average. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. »42 »63 100 81 100 ! 100 74 79 59 82 21 36 48 94 »90 «62 *43 49 57 42 36 85 i 100 67 103 100 102 137 100 114 177 58 47 79 104 66 54 88 128 48 52 95 111 121 76 155 159 I 105 i ; 82 | 180 j ! 190 i ! 55 43 86 96 76 76 177 224 57 72 91 129 100 80 43 100 83 23 100 115 34 100 60 103 100 49 40 57 1920. 100 144 204 100 100 110 100 ! 100 142 | 121 242 | 179 January... February.. March April 74 71 105 114 79 89 110 117 101 124 151 162 94 85 105 104 148 112 178 105 208 154 225 129 May.... June July.... August. 102 94 83 85 86 103 79 54 119 141 107 86 97 83 73 78 87 83 53 55 111 106 85 74 67 58 60 85 54 43 54 92 63 58 59 141 165 171 163 142 160 131 148 171 198 199 190 102 124 139 118 223 127 144 129 144 92 251 149 73 75 63 47 58 52 39 25 80 70 60 42 67 70 64 45 65 42 41 31 95 63 78 50 60 55 51 44 41 55 36 27 51 61 45 33 105 71 48 51 96 93 55 128 143 70 73 116 122 110 86 131 201 113 82 97 1S9 79 105 January.. February. March.... April 46 50 80 81 35 35 48 55 61 50 67 31 47 45 18 14 18 27 36 21 25 30 52 96 114 33 41 71 43 51 86 106 44 49 96 137 66 85 155 174 87 191 227 63 33 71 110 212 25 159 179 146 35 83 137 May.... June July August. 82 87 73 87 61 61 66 75 87 75 98 104 43 38 35 39 28 21 18 48 43 32 25 117 119 92 118 93 90 69 89 117 106 85 114 173 214 223 216' 244 195 228 233 235 287 281 112 161 149 143 175 410 430 239 101 391 252 148 September. October November.. December.. 89 94 81 78 78 86 56 50 122 111 72 65 42 56 55 46 21 31 33 22 26 43 41 34 132 133 117 106 108 109 112 109 135 127 128 143 193 122 89 87 221 169 178 172 225 183 151 173 131 94 82 540 185 142 207 364 159 138 197 I 68 ! 52 70 116 75 | 68 115 97 I 147 43 32 48 24 19 33 46 25 57 85 77 158 90 82 151 107 107 172 64 78 143 104 121 265 121 132 257 63 94 122 198 270 218 164 237 160 September.. October November.. December.. 1921. 1922. January... February.. March.... April May.. June.. See footnotes on opposite page. 71 BUILDING STATISTICS—CONTRACTS AWARDED. Table 32.—NUMERICAL DATA. From commercial and trade sources,1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS BUILDINGS. YEAR AND MONTH. Num- Thou- Thousands ber of sands of of proj- square dollars. ects. feet. Num- Thouber of sands of proj- square ects. feet. Thousands of dollars. 1,092 9,240 $33,806 26,638 895 6,870 27,662 844 5,437 Num- Thouber of sands of proj- square ects. feet. Thousands of dollars. 636 12,772 511 10,652 2,981 274 42,744 49,080 14,444 3,999 20,157 11,460 2,414 17,047 4,118 70,767 47,177 73,154 EDUCATIONAL BUILDINGS. HOSPITALS AND INSTITUTIONS. Num- Thou- Thou- Num- Thou- Thouber of sands sands ber of sands sands of of proj- square proj- square of of ects. feet. dollars. ects. feet. dollars. I $34,832 40,202 219,000 218,167 212,583 2 8,667 25,308 28,050 2 9,042 2 15,075 1915 monthly average 1916 monthly average 1917 monthly average . 1918 monthly average . 1919 monthly average . 1920 monthly average 1921 monthly average. RESIDENTIAL BUILDINGS. INDUSTRIAL BUILDINGS. $8,912 15,212 20,668 1920. January February March April 805 7,325 776 8,234 1,147 10,182 1,245 10,816 34,117 599 18,879 88,991 42,035 540 14,352 65,680 50,902 665 22,796 96,093 54,722 663 13,473 55,121 May.... June July.... August. 1,117 1,022 907 924 7,908 9,499 7.325 5,005 40.201 617 11,111 47,511 47,529 529 10,639 45,275 36,128 465 6,768 36,458 28,985 493 6,972 31,733 September.. October November.. December.. 799 817 683 510 5,371 4,823 3,611 2,336 26,944 427 40,440 23,804 443 20,218 407 8,273 5,392 5,264 3,911 1921. January February March April 506 549 870 3,262 3,277 4,424 5,084 20,528 250 17,020 197 May..... June July August.. 896 952 795 954 5,632 5,645 6,070 6,940 September. October.... November.. December.. 971 1,029 880 847 7,174 7,991 5,158 4,583 1922. January.. February. March April 744 815 1,252 4,811 6,264 8,953 14,068 22,776 29,176 24,494 275 24,494 244 33,240 221 35,277 251 41,259 37,405 357 24,221 350 22,056 290 23,696 271 39,240 205 49,758 306 2,359 1,786 2,341 3,497 3,543 3,581 2,641 2,292 2,706 3,984 4,197 2,846 3,033 2,417 4,165 26,932 33,330 21,399 15,437 9,037 10,640 12,919 20,404 18,502 13,604 10,832 11,283 18,419 17,695 14,553 19,695 10,733 24,270 1,942 1,618 2,640 3,711 40,275 29,548 25,381 166 1,915 $9,960 170 2,190 14,358 227 3,382 20,319 11,599 47,055 80 9,511 38,307 86 2,320 1,447 2,976 3,039 49 49 54 368 $3,266 3,962 523 5,845 10,440 281 8,214 281 17,939 653 18,946 824 17,047 821 19,674 466 19,808 531 18,972 476 15,945 62,575 158 20,872 90,933 184 3,218 2,691 2,334 2,384 17,104 65,362 234 10,891 44,330 274 8,607 40,811 284 10,803 41,627 270 2,719 3,061 2,507 2,832 2,410 2,206 2,035 1,777 8,222 11,173 7,264 5,534 36,015 175 1,834 12,762 484 43,433 118 1,779 14,258 742 32,158 79 1,045 6,950 417 23,516 85 719 7,288 302 1,257 1,625 2,969 3,328 1,573 2,085 3,833 4,556 4,683 4,758 3,684 4,729 6,724 30,732 73 8,319 36,294 81 14,382 60,701 160 17,948 75,006 228 18,804 82,982 287 18,227 75,175 355 13,961 60,452 371 17,949 80,329 358 5,286 5,314 4,681 4,236 21,709 95,303 321 21,978 89,650 202 22,666 90,324 147 21,901 100,897 144 3,410 3,079 6,322 18,083 75,728 107 16,490 75,728 130 30,348 121,551 238 4,668 3,731 4,369 4,457 1,868 2,341 2,973 4,222 4,712 3,011 8,200 4,850 3,166 6,186 2,573 3,441 4,779 1,146 6,905 782 8,647 94 19,031 587 22,640 660 4,482 24,462 645 23,441 1,507 3,288 12,762 8,223 4,840 28,602 1,582 27,959 879 4,238 3,228 3,416 3,297 26,459 1,987 22,429 680 18,212 521 15,046 760 11,878 5,200 4,506 6,343 2,001 2,325 5,071 12,067 727 995 804 5,369 7,749 5,212 13,110 25,575 May.. June. 1 Data compiled by the F. W. Dodge Co., covering small towns and rural districts as well as large cities. Prior to May, 1921, these figures covered 25 northeastern stateo and the District of Columbia. The states are those north and east of, and including, North Dakota, South Dakota, Iowa, Missouri, Tennessee, and Virginia, together with portions of eastern Kansas and Nebraska. Beginning May, 1921, North Carolina and South Carolina were added to the list, but this addition is stated to have little effect upon the total. * Estimates made by the F. W. Dodge Co. 72 BUILDING STATISTICS—CONTRACTS AWARDED. Table 33.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] PUBLIC WORKS AND PUBLIC UTILITIES. PUBLIC BUILDINGS. YEAK AND MONTH. I SOCIAL AND RECREATIONAL BUILDINGS. RELIGIOUS AND MEMORIAL BUILDINGS. NumNumNumNumber of ber of Square ber of Square ber of projfeet. Value. proj- Value. projfeet. Value. projects. ects. ects. ects. GRAND TOTAL. 3 Numquare ber of Square feet. Value. i projfeet. Value. I ects. FIRE LOSSES. Relative to 1919. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average. average.. average.. 33 28 36 53 65 100 100 96 91 100 137 147 100 198 166 100 82 108 100 13 1 9 1 100 98 117 100 8 1 15 1 100 109 130 100 87 126 100 95 173 100 10 1 11 6 100 70 95 100 72 70 66 62 68 85 76 108 73 79 70 363 86 118 45 51 79 96 79 84 140 153 68 59 100 122 93 66 114 112 81 61 124 161 43 26 54 82 54 16 86 87 47 20 90 118 57 51 78 91 75 118 110 105 93 141 142 165 119 123 117 130 123 143 62 436 207 86 132 723 146 163 100 102 111 103 134 186 111 145 132 130 131 110 85 94 79 117 137 120 123 134 103 113 131 135 104 108 145 112 146 161 143 138 90 81 75 75 89 80 60 61 115 121 95 94 113 115 112 98 89 68 91 212 183 50 72 246 128 80 127 95 86 56 54 104 115 52 53 102 77 75 73 58 52 62 45 92 116 98 62 100 113 90 53 124 131 74 140 161 89 68 | I 65 56 47 91 100 123 124 1920. January... February. March April May.... June July August.. September. October November. December.. 56 55 41 60 47 114 126 125 184 1921. January... February March April 57 49 | 68 j 100 ! 66 188 117 234 96 222 203 249 36 40 85 124 58 44 81 115 62 82 112 156 39 77 108 215 61 77 136 280 62 53 74 142 83 83 97 186 72 j 72 j 80 | 196 41 49 87 105 33 36 58 74 52 47 76 103 158 115 127 99 May June July.... August. 109 i 158 88 138 87 165 125 160 133 149 173 135 145 155 127 112 107 148 150 136 137 115 136 121 128 143 146 146 122 148 170 191 178 161 261 287 204 144 226 299 198 110 115 94 112 77 77 68 76 113 106 99 103 107 129 149 115 291 123 69 193 234 136 79 192 132 124 82 65 85 84 63 67 122 119 102 78 157 109 97 79 168 95 165 151 105 84 275 209 111 115 249 183 104 108 119 118 100 90 90 87 82 76 115 103 89 92 114 125 117 129 100 53 219 84 63 170 49 52 120 45 51 124 77 58 114 72 91 57 118 68 85 120 102 142 179 108 156 156 74 70 135 65 65 112 77 172 131 178 130 I 134 113 September. October November. December.. 96 96 74 64 I 1922. January... February. March April 77 38 83 108 May.. June. i See footnotes on opposite page. 137 73 BUILDING STATISTICS—CONTRACTS AWARDED. Table 34.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] PUBLIC BUILDINGS. YEAR AND MONTH. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly av av.... av av Num- Thou- Thou- Number ber sands sands of of of of proj- square dollars, projects. feet. ects. SOCIAL AND RECREATIONAL BUILDINGS. RELIGIOUS AND MEMORIAL BUILDINGS. ;RAND TOTAL.* Thou- Num- Thou- Thou- Num- Thou- Thou- Number sands sands ber ber sands sands sands of of of of of of of of proj- square dollars. proj- square dollars. projdollars. ects. feet. ects. ects. feet. Thousands of square feet. av. av. av., av. av. 1918 monthly 1919monthly 1920 monthly 1921 monthly PUBLIC WORKS AND PUBLIC UTILITIES. Thousands of dollars. FIRE LOSSES. Thousands of dollars. $71,475 60,020 78,341 113,082 134,086 47 172 654 534 704 $41,834 47,195 38,265 111 109 130 1,265 1,030 1,456 186,964 7,594 9,050 91 79 115 422 5,609 4,223 140,770 4 6 , 3 3 3 214,990 211,102 33,383 32,247 196,648 767 $3,127 3,446 5,033 6,862 4,821 6,520 241 71 381 385 1,484 615 2,813 3,695 3,906 3,504 5,367 6,742 41,952 34,914 54,495 50,962 226,116 200,757 302,133 304,974 37,013 26,631 27,598 22,109 822,416 27,571 27,721 43 252 $1,119 2,218 1,859 1920. January February March April 31 29 32 40 130 186 126 136 782 4,060 967 1,323 295 336 517 626 33,018 35,124 58,412 63,873 76 66 111 135 1,177 832 1,436 1,417 11,198 39 24 49 75 May.... June July.... August. 55 61 58 67 107 751 356 148 1,476 8,087 1,637 1,819 654 670 724 674 56,086 77,895 46,367 60,459 146 144 145 122 1,075 1,191 1,004 1,484 9,561 8,327 8,572 9,363 94 103 119 123 461 481 647 500 4,579 5,040 4,478 4,309 5,584 5,131 5,129 41,306 36,979 27,745 28,220 246,935 260, 111 204,498 202,652 25,440 25,746 25,136 17,931 September. October November.. December.. 46 365 315 87 124 2,751 1,433 895 1,418 620 565 369 356 43,392 47,900 21,848 21,972 113 86 83 81 734 661 785 564 6,394 8,108 6,839 4,310 91 103 82 48 549 584 329 436 4,389 5,041 2,774 2,137 4,758 4,449 3,839 3,249 25,832 25,469 18,802 13,926 178,179 177,758 128,966 100,145 25,630 28,331 28,093 41,198 113 324 202 404 1,079 2,482 2,271 2,781 237 264 558 812 24,186 18,547 33,958 48,043 91 124 173 495 979 1,368 2,723 4,274 5,328 9,461 19,533 56 48 67 129 367 368 430 827 2,261 2,253 2,487 6,138 2,834 3,361 5,981 7,176 15,359 16,772 26,703 34,471 111,608 100,677 164,092 220,886 35,320 25,889 28,581 22,179 1921. January February March April 45 42 32 43 27 23 32 47 May.... June July August. 51 61 273 152 238 150 1,846 1,402 1,793 1,490 977 1,130 895 949 64,999 52,967 46,902 44,797 164 166 151 152 1,451 1,710 1,529 1,624 9,975 10,202 10,136 8,502 135 155 174 162 715 1,161 1,276 907 4,497 7,075 9,356 6,204 7,530 7,919 6,440 7,684 ! 35,731 j 35,738 j 31,717 i 35,246 242,094 227,711 212,491 220,721 23,957 29,001 33,356 25,829 September. October November.. December... 45 45 35 30 501 212 119 332 2,620 1,523 884 2,143 861 808 538 423 35,414 35,141 26,397 27,833 135 132 113 87 1,990 1,383 1,222 1,002 11,693 6,632 6,713 6,149 150 137 96 76 1,222 928 491 510 7,778 5,735 3,246 3,369 8,144 j 41,702 8,096 j 40,436 6,891 37,818 6,181 35,272 246,186 222,480 192,311 198,518 25,502 27,955 26,179 28,908 1922. January**—.. February April ••--.. 36 18 172 92 377 942 705 I 1,902 318 338 788 18,735 21,193 51,997 64 127 914 787 1,362 6,356 3,941 8,228 62 77 109 455 629 795 3,367 4,882 4,880 5,073 4,782 9,250 30,261 30,061 51,957 166,320 177,473 293,637 29,304 39,911 MayJune. 1 Data compiled by the F. W. Dodge Co., covering small towns and rural districts as well as large cities, except fire losses in the United States and Canada, included here for convenience, compiled by the New York Journal of Commerce. Prior to May, 1921, the building figures covered 25 northeastern states and the District of Columbia. The states are those north and east of, and including, North Dakota, South Dakota, Iowa, Missouri, Tennessee and Virginia, together with portions of eastern Kansas and Nebraska. Beginning May, 1921, North Carolina and South Carolina were added to the list, but this addition is stated to have little effect upon the total. * Grand total includes military and naval buildings and miscellaneous, in addition to the groups listed in this and the preceding table (p. 72). 74 LUMBER. Table 35.—INDEX NUMBERS. Based on data from commercial and trade sources. [Base year in bold-faced type; numerical data on opposite page.] WESTERN PINE.* YELLOW PINE.1 YEAR AND MONTH. ProducStocks. tion. Produc- Shipments. tion. CALIFORNIA WHITE PINE.a Produc- Shiption. ments. 1917 mo. 1918 mo. 1919 mo. 1920 mo. 1921 mo. av.. av.. av.. av.. av.. 100 87 90 85 100 81 68 87 100 104 1920. January February... March April 86 85 96 97 70 70 71 77 May.... June July.... August. 94 87 86 87 September.. October November.. December.. Stocks. Produc- Shipments. tion. MICHIGAN HARDWOOD/ Produc- ShipOrders Produc- Shiption. ments. received. ments. tion. Relative to 1918. Relative to 1917. Relative to 1918. Relative to 1917. CALIFORNIA REDWOOD.* DOUGLAS FIR.< Relative to 1917. 100 89 99 100 70 100 92 111 74 100 117 113 91 100 108 100 139 100 107 107 109 85 100 112 110 104 92 100 97 118 106 100 113 124 100 100 139 106 102 100 74 72 62 43 59 73 112 145 128 133 140 120 40 50 81 179 110 149 85 72 58 66 59 117 120 125 127 131 116 129 105 83 101 123 107 153 175 173 127 129 143 127 111 63 64 80 82 90 94 97 157 169 157 151 118 111 94 112 159 166 154 187 130 114 103 132 75 86 93 125 122 122 85 108 119 105 85 102 138 123 115 151 128 97 104 135 104 56 84 134 56 64 72 68 50 54 56 85 78 72 62 97 98 97 96 144 127 93 89 63 54 41 163 160 95 42 106 122 78 49 126 159 142 140 108 107 98 71 93 97 85 77 132 122 139 84 104 108 124 61 128 148 72 36 62 63 48 44 41 36 24 16 1921. January February... March April 95 94 94 91 22 20 56 39 44 57 67 7 10 11 17 24 59 61 72 135 140 138 128 47 57 73 80 56 64 55 90 116 93 63 60 105 108 29 79 71 87 119 106 44 49 62 68 18 15 28 22 May.... June— July.... August. 92 87 87 94 67 82 102 143 131 132 95 97 34 113 122 143 139 151 92 91 78 94 111 97 83 113 122 108 86 129 81 77 77 119 79 47 116 58 52 92 89 96 106 96 92 27 35 29 31 September.. October November.. December.. 93 95 100 92 86 79 79 82 75 72 56 33 83 96 87 75 112 111 67 50 115 150 116 109 122 160 136 150 97 107 105 98 113 97 93 113 113 135 105 105 117 171 117 121 155 197 105 27 23 32 31 42 57 48 38 1922. January February... March April 94 88 101 85 31 37 52 75 81 107 39 18 14 76 75 95 143 142 118 100 116 115 102 107 114 100 87 130 120 132 156 139 135 43 35 35 34 30 31 119 100 71 74 45 57 50 52 51 May.. June. See footnotes on opposite page also. The figures given for production and stocks of yellow pine are computed from data furnished by the Southern Pine Association. The method of computing is first to find the per cent which the actual production of the mills reporting is to the normal produciton of these same mills. This per cent is then applied to the normal production of 192 mills. Assuming that the mills reporting are a good sample of the industry the resulting figure in each month is equivalent to the actual production of the 192 identical mills and hence shows the trend of the industry. The same procedure is followed in the case of stocks. The normal monthly production of the 192 mills is given as 484,065,392 feet and the normal stocks of the same mills as 1,262,450,326 feet. By normal production the Southern Pine Association means the average output for the first 4 months of 1916 and normal stocks refer to the average stocks during the 16 months ending with April, 1916. 2 The Western Pine Manufacturers1 Association has supplied figures showing the actual and normal production for the mills reporting in each of the periods shown. From these figures the per cent of normal production is obtained in each case, and this per cent is applied to the normal production of 54 identical mills. The normal monthly production of these 54 mills is given as 148,000,000 board feet and is estimated to represent 70 per cent of the output of the western pine territory. 8 Actual figures reported by about 20 mills each month to the California White and Sugar Pine Association; the number of mills varies from 13 to 26. 1 75 LUMBER. Table 36.—NUMERICAL DATA. From commercial and trade sources. [Base year in bold-face type; index numbers on opposite page.] YELLOW PINE.i Y E A R AND MONTH. Production. Stocks. WESTERN PINE.2 Production. Shipments. CALIFORNIA WHITE PINE.3 Production. Shipments. Stocks, DOUGLAS FIR.< Production. Shipments. CALIFORNIA REDWOODS Production. Ship- Orders rements. ceived. MICHIGAN HARDWOODS Production. Shipments. Thousands of feet, board measure. 1917 monthly a v . . 1918 m o n t h l y av.. 423,509 1,371,652 113,320 110,423 349,165 323,201 192,246 154,367 175,567 157,091 408,435 420,341 435,113 443,618 423,474 374,233 417,655 338,421 30,903 37,618 46,203 40,040 43,513 49,880 49,213 36,115 37,180 41,333 36,693 32,115 26,922 28,539 28,942 35,848 28,088 24,771 25,624 24,859 41,356 36,243 32,976 41,963 199,922 229,733 248,647 333,762 424,817 427,055 295,895 375,576 383,186 337,973 275,303 331,259 51,740 45,990 43,010 56,730 36,488 27,538 29,743 38,575 30,053 16,093 24,338 38,690 25,062 28,673 32,444 30,581 24,501 26,504 27,321 25,841 85,439 84,003 49,940 22,013 33,882 38,855 24,766 15,686 337,743 424,852 379,770 373,606 376,471 372,890 340,659 249,339 300,371 314,696 274,407 247,996 49,333 45,785 52,158 31,403 29,618 30,748 35,378 17,235 36,845 42,690 20,640 10,243 27,812 28,424 21,604 20,009 20,028 17,534 11,576 8,051 42,793 48,603 63,126 74,453 3,659 5,482 5,576 8,971 7,554 18,665 19,600 22,922 361,100 372,835 367,374 342,177 163,391 213,527 253,368 277,989 182,192 205,470 277,989 315,591 20,768 33,607 43,496 35,002 17,821 16,940 30,002 30,635 8,480 18,080 34,248 27,867 19,961 22,040 27,811 30,681 8,732 7,501 13,670 10,917 109,266 119,831 108,354 103,948 73,942 75,868 76,120 90,397 53,423 75,357 68,597 69,240 30,273 31,097 26,914 36,150 325,209 382,202 371,804 403,083 320,515 316,039 273,064 329,020 358,565 314,248 267,245 363,937 45,799 40,539 32,334 48,748 23,051 21,786 21,935 33,797 28,394 22,817 13,682 33,417 26,345 23,572 14,912 15,745 13,314 17,273 14,098 15,230 1,183,042 1,083,311 1,087,727 1,125,979 84,984 82,144 63,155 37,145 91,996 105,780 96,496 82,505 58,940 58,348 35,445 26,278 36,543 47,808 37,018 34,827 324,761 427,720 363,698 401,677 337,973 374,681 366,646 346,634 316,486 366,176 312,477 301,688 42,721 42,423 50,489 39,490 29,817 33,417 48,814 33,280 35,024 44,599 56,820 30,235 12,218 j 20,756 10,269 ! 28,164 14,204 28,472 13,972 18,549 1,172,652 1,200,704 1,208,089 35,385 41,793 58,831 82,874 89,272 117,736 20,318 9,327 7,290 24,287 23,893 30,327 381,316 378,640 314,258 350,081 403,802 402,459 330,831 346,500 367,988 37,386 32,648 48,884 34,057 37,536 44,507 40,067 38,841 48,604 19,471 15,904 15,869 118,178 111,192 134,467 74,437 97,784 52,561 31,900 267,113 109,032 48,263 37,284 287,645 110,697 58,368 36,036 267,276 76,840 39,110 29,114 370,303 April 365,663 360,532 408,358 408,745 957,715 962,871 977,768 1,058,943 66,304 82,273 127,014 163,910 141,118 147,082 154,556 132,164 19,146 21,240 56,152 42,573 57,191 34,943 47,501 27,076 May.... June... July.... August. 396,836 369,197 365,857 367,260 1,126,863 1,236,065 1,285,806 1,323,805 178,325 191,764 177,437 171,147 130,773 123.047 104,281 123,536 83,347 87,513 80,723 98,324 September. October November.. December.. 359,951 3.29,455 303,606 260,911 1,323,805 1,342,995 1,332,138 1,320,649 163,096 144,418 105,805 42,106 98,198 69,220 59,141 45,244 1921. January February March April 291,843 334,054 384,300 1,302,849 1,284,291 1,287,447 1,248,058 24,698 22,274 63,126 74,324 May.... June July.... August. 387,736 367,357 370,310 396,062 1,223,441 1,225,461 1,256,643 1,225,839 September. October November.. December.. 391,948 401,484 423,702 389,832 1922. January February March April 396,120 373,626 428,103 1920 monthly a v . . 1921 monthly a v . . ! 49,13 7 j 34,776 | 36,284 j 22,058 j 16,390 361,251 37,460 28,470 32,116 355,432 36,336 35,212 335,735 44,243 28,441 298,505 39,618 1,116,259 937,748 1,187,587 1,211,174 1919 monthly a v . . 45,051 33,234 32,413 40,082 27,906 30,717 19,311 29,472 375,128 374,680 380,850 297,737 368,325 380,524 358,031 375,438 28,844 1920. January February March 16,601 14,730 15,276 May.. June. See footnotes on opposite page also. * Thefiguresgiven in these columns were obtained by applying the percentagefiguresof actual production and shipments to normal production of reporting mills as supplied by the West Coast Lumbermen's Association to the actual production of 124 mills for May, 1920. The production in that month was 447,674,540 board feet. 5 The California Redwood Association has furnished to the Bureau of the Census thefigureson the actual production, shipments, and orders received by 7 identical mills for each month of 1918,1919, and 1920. These 7 mills represent 40 per cent of the capacity of all listed mills for these years. For the first 4 months of 1921 reports were furnished from 10 mills representing 56£ per cent of the capacity of all listed mills. For the remaining months of 1921 reports are available from 11 mills representing 71 per cent of the total listed capacity. The actual average monthly production of the 7 reporting mills for 1918 was 14,984,000 feet. On the basis of 40 per cent capacity of the 1918 average monthly production of all mills is computed as 37,460,000 feet. Regarding this as normal production, there has been computed the probable production of the total redwood capacity based on the proportion which the capacity of the reporting mills bears to the total of all mills. The columns on shipments and orders received represent a similar relationship between the actual reported figures and the total capacity of all mills. «Actualfiguresreported by about 40 mills each month to the Michigan Hardwood Manufacturing Association; the number of mills varies from 36 to 58, but 48 is the highest number reporting in any month since the beginning of 1919. 76 LUMBER AND FLOORING. Table 37.—INDEX NUMBERS. From commercial and trade sources.1 [Base year in bold-face type; numerical data on opposite page.] NORTH CAROLINA PINE.2 YEAR AND MONTH. Production. Shipments. NORTHERN HEMLOCKS Production. Relative to 1919. 1909-13 monthly averace 1913 monthly averaee 1914 monthly average 1915 monthly average 1916 monthly average Shipments. Production. Orders Stocks end of booked. month. 84 53 51 76 100 114 119 110. 131 108 78 48 48 71 72 56 113 108 141 186 105 148 70 59 73 77 1OO 110 87 89 100 93 90 94 89 80 72 46 91 104 102 53 52 110 103 116 121 101 126 75 55 104 128 83 95 65 77 1OO 78 87 103 Unfilled orders end of month. 148 191 77 1OO 122 156 187 131 1OO 183 232 250 85 1OO 80 98 210 167 73 151 161 186 174 92 184 130 226 147 78 193 104 230 277 294 160 258 375 288 109 207 178 161 182 195 278 94 311 178 214 170 233 144 170 100 116 350 341 220 154 112 140 223 173 102 78 180 93 53 81 80 131 109 82 230 312 348 253 177 86 229 207 146 105 104 62 30 76 72 56 56 108 112 110 94 83 78 92 76 66 62 77 44 361 383 409 425 74 73 55 59 104 135 170 30 37 43 48 37 41 64 83 127 70 99 174 85 88 209 444 443 444 50 56 51 47 179 63 54 153 199 229 413 84 52 60 60 50 61 162 66 62 77 189 204 193 229 212 194 200 180 397 418 44 45 60 60 211 156 111 391 127 153 138 89 61 59 66 86 59 235 261 250 393 134 95 115 96 132 70 94 80 47 29 25 24 52 96 118 145 108 56 69 223 244 280 353 273 451 371 308 132 287 62 254 325 389 232 85 262 301 214 242 290 288 38 33 58 111 84 137 102 75 125 83 71 90 289 259 305 249 274 378 223 263 385 305 321 312 293 288 344 106 98 85 69 167 109 May 118 132 33 87 95 June . July August 112 71 90 51 114 112 131 91 95 68 34 55 89 81 87 63 127 145 158 97 97 85 67 71 58 75 73 57 46 56 49 40 25 113 124 83 82 33 63 71 49 60 62 50 46 42 16 24 31 84 68 45 79 86 91 73 93 102 92 September October November December FLOORINGS Relative to 1913. 71 1OO 112 138 173 1OO 89 95 98 112 115 1920. Jfvrniary . . . February March April . . Shipments. Relative to 5-year average. 1OO 1OO 100 82 84 100 98 88 OAB[ Exports Ship- of boards, Producments. planks, tion. joists, etc. Relative to 1913. 114 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average LUMBER. NORTHERN HARDWOODS.' 82 87 78 120 99 1921. January . . February March . . . April May June . July August . . . . .. 124 134 December 126 126 42 31 32 26 1922. January February March . . . 124 149 153 100 128 156 55 35 54 September October May i See footnotes on opposite page. 1 77 LUMBER AND FLOORING. Table 38.—NUMERICAL DATA. From commercial and trade sources,1 [Base year in bold-faced type; index numbers on opposite page.] NORTH CAROLINA PINE.2 YEAR AND MONTH. Production. Ship- NORTHERN HEMLOCKS Production. Shipments. ' | NORTHERN HARDWOODS.' Production. Shipments. LUMBER. OAK FLOORINGS Exports of boards, Producplanks, tion. joists, etc. Shipments. Orders booked. Stocks end of month. Unfilled orders end of month. 4.572 6,009 6,877 8,894 11,470 4,719 6,104 7,419 9,525 11,429 11,750 9,000 16,500 20,900 22,500 6,160 7,250 5,800 7,100 15,250 Thousands of feet, board measure. 178,388 1909-1913 monthly average. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 32,339 34,653 35,659 28,318 31,034 24,755 25,296 25,390 19,911 22,067 26,041 149,145 93,959 91,216 4,572 6,675 7,464 9,205 11,563 33,169 37,974 37,051 19,431 18,927 31,061 29,241 32,732 34,206 28,658 30,105 27,813 33,328 27,509 19,689 85,220 85,452 109,268 129,227 100,587 11,120 4,858 10,101 10,745 12,411 10,446 5,537 11,070 7,800 13,586 8,956 4,781 11,782 6,343 14,058 24,900 26,500 14,433 23,237 33,729 20,9(30 i 37,664 36,443 37,603 30,718 31,798 ' 34,230 ! 33,514 ! 30,164 33,179 29,791 29,052 35,327 33,643 30,056 27,290 17,184 | : 38,948 ! 38,185 j 39,298 ! 36,176 40,390 33,306 41,258 31,528 28,420 31,106 35,920 31,838 19,985 23,738 28,118 25,025 31,373 39,911 52,723 47,343 27,519 26,750 37,606 27,574 124,626 105,176 129,460 137,049 12,129 11,907 14,303 14,654 11,721 10,233 13,994 9,225 16,961 8,818 10,394 6,834 8,492 8,979 10,462 12,560 22,560 25,345 24,696 16,200 ; 40,341 ! 38,437 31,276 30,527 42,483 30,422 21,994 25,928 12,527 26,711 33,742 32,713 12,287 20,089 18,735 23,113 24,644 32,285 31,615 35,984 23,995 33,169 36,879 40,169 155,098 139,236 153,270 143,061 15,296 13,799 9,774 8,756 10,405 6,123 5,569 6,567 4,744 3,253 4,922 4,996 16,234 20,683 28,035 31,286 18,336 12,830 8,736 7,195 September. October November. December.. 33,068 33,103 28,042 14,763 27,370 21,525 22,715 18,571 28,280 27,333 21,590 17,294 20,449 17,991 14,574 9,065 31,903 35,230 23,629 23,329 26,581 26,476 15,679 7,705 135,983 128,187 99,086 100,496 7,200 7,499 7,368 6,251 4,979 4,711 5,509 4,562 4,019 3,785 4,695 2,694 32,534 34,476 36,850 38,257 5,331 5,311 3,997 4,287 1921. January... February. March April 11,221 21,539 24,423 28,693 15,883 19,215 20,020 21,805 18,979 17,183 15,709 17,101 5,930 8,584 11,302 17,059 29,469 38,317 48,279 50,716 7,528 9,493 10,937 15,939 86,182 66,342 73,180 96,558 4,269 5,508 8,464 10,222 4,182 5,966 10,474 11,981 5,217 5,355 12,742 14,002 39,949 39,843 39,998 37,213 3,620 4,095 3,666 6,111 May June July August.. 26,999 29,316 30,989 31,360 23,604 29,995 32,879 28,553 19,638 22,740 22,444 22,883 18,234 22,376 16,107 21,356 45,902 44,317 31,530 18,747 16,715 15,723 19,607 21,845 79,665 106,862 106,388 105,848 12,609 13,636 12,895 15,717 12,702 13,767 12,737 15,670 11,869 12,186 10,996 15,256 35,764 37,588 35,201 35,352 9,240 11,095 9,969 9,722 September. October November. December.. 32,396 39,347 42,497 43,190 30,758 42,406 42,980 40,530 15,705 11,782 12,091 9,953 25,544 34,296 29,259 17,076 8,196 6,985 6,730 14,709 24,377 29,928 36,799 27,379 100,585 123,264 110,902 151,268 14,900 16,266 16,933 17,510 16,837 21,209 19,544 18,065 16,667 27,559 23,771 13,070 33,415 27,742 20,922 21,763 9,552 20,808 21,022 20,888 1922. January... February. March April 42,490 50,890 52,290 32,270 41,090 50,050 20,633 13,368 20,290 13,867 11,931 21,051 31,399 23,660 38,698 25,841 19,059 31,675 148,675 125,973 159,869 19,262 17,282 20,367 14,970 16,455 22,690 13,606 16,063 23,479 27,467 28,856 28,090 21,330 20,907 24,935 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly average average average average average 1920. January February March April May June July August.. 7,9CH3 15,033 12,902 11,649 May. June. 1 Except exports of lumber from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Data computed from reports on actual production and shipments as furnished by the North Carolina Pine Association, Inc., for mills varying in number from 31 to 65. The computed figures given are obtained by first determining for a given month the per cent which the actual production is of the normal production of the identical mills 2 which reported in 1919. A similar per cent of actual shipments to normal production is applied to the samefigureto obtain the computed shipment figures. The resulting figures represent a computed production as of identical mills for each month. Thefiguresare of the same order of magnitude as the actual reported production and shipments, but avoid the rather wide variations due to different mills reporting in different months. 3 Compiled by the Northern Hemlock and Hardwood Manufacturers7 Association, representing chiefly Wisconsin and upper Michigan mills. These figures represent aetual reports from 60 to 75 mills each month. The hardwoods cut are mostly maple, birch, and beech. * Data from reports of the Oak Flooring Manufacturer's Association, by 25 mills, said to represent about 90 per cent of the total oakflooringindustry. 78 BRICK, Table 39.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] CLAY FIRE BRICK.? ProducYEAR AND MONTH. tion. Ship- SILICA BRICK.* WHOLESALE PRICES. FACE BRICK.* Common Stocks brick, in New Unfilled Produc- ShipProduc- sheds Unfilled Ship- salmon, Stocks. orders. orders. tion. ments. Stocks. tion. orders. ments. run of and kiln, kilns. Chicago. Relative to 1920 (lOmos.). Relative to 1919. 1913 mo. av.. 1914 mo. av.. 1915 mo. av.. 1916 mo. av.. 1917 m o . av.. | j ! j Common brick, red, New York. Relative to 1913. 100 99 97 97 100 84 92 100 1918 mo. av.. 1919 mo. av.. 1920 mo. av.. 1921 mo. av.. 100 120 63 1920. January February March April 125 107 133 120 109 134 117 May.... June July.... August. 114 120 118 121 September.. October November.. December.. 1921. January. February March April 100 100 93 100 100 100 100 111 100 100 100 100 40 103 107 100 79 140 153 134 43 100 122 135 151 181 232 189 182 243 333 232 381 381 381 120 45 195 38 106 40 103 102 102 104 166 174 173 160 152 188 211 236 130 104 128 109 92 116 115 105 113 109 114 115 121 109 112 113 107 138 127 137 107 191 201 199 122 108 200 208 211 221 123 127 121 128 100 98 97 94 152 111 65 117 253 245 215 210 108 97 88 97 112 102 93 119 114 113 111 104 115 118 102 95 139 142 131 136 203 172 134 106 122 138 118 115 225 230 241 248 381 381 381 343 118 120 120 121 140 144 128 111 86 78 75 79 118 109 50 48 199 181 140 106 110 116 97 131 122 122 107 90 86 84 81 91 90 75 59 140 162 154 163 79 60 43 33 104 96 47 31 246 251 249 251 240 251 251 259 105 81 83 52 90 70 63 51 85 89 97 97 76 60 45 38 77 66 63 24 58 40 34 30 89 40 33 38 34 41 63 173 173 155 137 33 33 36 41 27 36 75 78 229 227 235 186 251 251 248 229 May.... June July August. 49 53 43 45 43 43 52 99 103 103 103 41 44 33 47 36 37 32 29 17 28 13 27 37 18 22 27 99 103 84 91 96 118 136 133 138 160 48 49 49 55 94 106 102 128 177 170 172 172 221 221 225 225 September.. October.... November.. December.. 49 51 63 58 102 100 102 105 50 59 58 54 29 27 28 25 101 101 33 34 28 34 38 52 91 104 101 85 141 157 159 181 47 44 42 40 108 118 87 71 171 174 175 181 232 229 229 221 100 106 107 61 70 61 25 32 46 47 47 65 59 52 56 87 86 56 51 93 173 170 176 37 52 69 46 57 116 170 170 173 232 255 248 1922. January February March April 63 67 59 68 84 123 57 59 76 108 106 100 93 May.. June.. See footnotes on opposite page. 79 BRICK. Table 40.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] CLAY FIRE BRICK.2 YEAR AND MONTH. Production. SILICA BRICK.3 New Unfilled Shipments. Stocks. orders. orders. Production. NumShipber ments. Stocks. of mills reporting. Production. Thousands of bricks. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. 50,727 50,648 138,810 51,434 average. 60,715 62,438 129,235 61,809 average. 32,029 29,114 136,967 22,958 Common ComStocks brick, mon in Shipsheds Unfilled ments. salmon, brick, orders. run of red, and kiln, New kilns. Chi- York. cago. Per thousand. Thousands of bricks. average. average. average. average. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly WHOLESALE PRICES. FACE BRICK.' $4,938 $6,563 4.872 5.531 4.780 6.052 4.783 8.035 4.947 8.885 93,746 182,513 35,976 14,062 14,008 41,750 14,904 15,580 42,911 5,552 44,592 5,595 45,184 45,120 35,681 89,119 124,471 136,754 86,279 115,696 32,412 37,059 27,851 7.449 8.947 11.441 9.334 11.927 15.958 21.854 15.250 24.000 25.000 25.000 25.000 1920. January February March April 63,546 54,344 67,400 60,872 50,333 54,974 67,714 59,142 142,900 142,271 141,956 143,686 85,488 89,499 88,870 82,264 142,113 176,639 197,795 220,916 18,267 14,608 18,049 15,291 12,943 16,274 16,083 14,718 47,239 45,546 47,512 48,112 116 127 110 99 54,813 49,330 50,577 50,871 95,056 122,950 113,038 122,323 161,703 165,144 173,151 171,982 39,629 35,167 9.850 10.270 10.430 10.920 May June July August.. 57,647 60,715 59,771 61,344 62,052 64,332 61,501 64,726 139,282 135,664 134,013 130,631 78,253 57,097 33,425 60,080 237,039 229,593 201,805 197,165 15,127 13,707 12,424 13,598 15,673 14,226 12,997 16,656 47,566 47,047 46,474 43,416 104 103 97 100 51,771 53,343 46,025 43,080 123,813 126,145 116,887 120,912 175,129 148,618 115,672 91,451 39,397 44,586 38,171 37,206 11.090 11.360 11.880 12.220 25.000 25.000 25.000 22.483 September. October November. December.. 59,614 61,108 61,029 61,187 70,781 72,826 64,726 56,153 119,463 107,745 104,049 109,161 60,479 55,917 25,717 24,616 186,863 169,954 130,867 99,408 12,342 15,428 16,356 13,653 18,322 17,066 17,039 14,963 37,409 35,770 35,088 33,750 99 105 41,221 40,673 33,695 26,437 124,957 144,518 137,479 145,576 68,075 51,769 36,873 28,783 33,575 31,127 15,092 10,170 12.160 12.400 12.310 12.400 15.766 16.500 16.500 17.000 1921. January February March April 53,244 41,298 42,284 26,527 45,377 35,674 31,923 25,791 118,290 123,914 134,275 135,011 19,954 20,811 17,196 19,499 71,428 56,565 41,839 35,546 10,866 9,319' 8,927 3,326 8,066 5,583 4,763 4,156 37,035 40,771 44,934 44,104 106 17,833 15,314 18,611 28,603 154,092 154,156 137,994 122,041 28,392 28,425 30,668 35,187 8,704 11,628 24,463 25,282 11.310 11.210 11.580 9.170 16.500 16.500 16.250 15.000 May..... June July August.. 24,958 26,967 21,909 26,189 22,791 21,862 21,587 26,485 137,178 142,283 142,604 142,308 21,075 22,397 16,851 24,190 33,830 34,365 29,629 27,334 2,442 3,879 1,847 3,836 5,161 2,455 3,150 3,752 41,385 42,809 41,507 41,591 37,734 41,303 43,188 53,410 121,185 118,192 122,671 142,178 41,298 42,476 42,261 47,050 30,474 34,266 33,189 41,609 8.740 8.410 8.490 8.51 14.500 14.500 14.750 14. 750 September. October November. December.. 24,641 30,409 31,921 34,000 25,931 32,115 29,230 30,596 141,017 139,311 142,002 145,406 25,512 30,133 29,964 27,915 27,033 25,149 25,883 23,108 4,633 4,554 4,572 4,754 3,883 4,806 5,282 7,321 42,341 42,089 41,379 38,812 41,066 47,086 45,582 38,444 125,850 139,595 142,135 160,961 40,387 37,919 35,891 34,755 34,848 38,315 28,280 23,151 8.46 8.57 8.63 8.93 15.25 15.00 15.50 14.50 1922. January February March April 30,121 34,683 42,626 31,301 30,043 38,694 138,574 146,911 149,034 31,222 35,941 31,537 23,751 30,357 43,098 6,581 6,663 9,120 8,246 7,263 7,837 36,344 35,743 36,944 25,331 22,926 42,133 154,285 151,769 156,906 31,799 44,513 59,852 14,902 18,392 37,991 S.40 8.38 8.55 15.23 16.75 16.25 101 96 May.. June. 1 Except wholesale prices, monthly averages, from U. S. Department of Labor, Bureau of Labor Statistics. The sources of the other data in this table are: Clay fire and silica brick from the Refractories Manufacturers' Association and face brick from the American Face Brick Association. » Figures for 1921 are from reports of 68 identical mills with a monthly capacity of 78,645,942 bricks, which is estimated by the association to represent from 68 to 70 per cent of the total clay fire brick capacity of the United States. Figures for 1919,1920, and 1922 are computed to this capacity, respectively, from reports from 53, 56, and 60 mills having a monthly capacity for the years in question of 71,572,186, 73,526,103, and 73,307,190 bricks. 3 Figures for 1921 are from reports of 15 identical mills with a monthly capacity of 27,305,500 bricks, which is estimated by the association to represent from 78 to 80 per cent of the total silica brick producing capacity of the United States. Figures for earlier years are computed to this capacity from reports of 12 identical mills with a monthl y capacity of 25,448,833 bricks. 4 The figures on face brick include data from all firms reporting to the American Face Brick Association each month. The variation in the number of firms reporting does not materially affect the comparison, as it has been checked on a small number of identical firms. 5 Ten months' average. 80 SANITARY WARE. Table 41.—INDEX NUMBERS. Based on data from commercial and trade sources. [Base year in bold-faced type; numerical data on opposite page.] ENAMELED WARE. 1 LAVATORIES. BATHS. YEAR AND MONTH. Orders shipped. Stocks. Orders received. Orders shipped. Stocks. SINKS. Orders received. Orders shipped. Stocks. SANITARY POTTERY. " MISCEIJUANEOUS. Orders received. i Orders shipped. Stocks. Orders received. Orders received. Relative to 1919. 1913 mo. av . 1914 mo. av 1915 mo. av . . 1916 mo av 1917 mo av 104 98 Ill 108 122 106 129 122 103 148 143 136 144 96 98 89 78 i 31 71 95 47 61 116 40 82 96 61 1OO 53 59 1OO 112 127 100 31 78 100 73 77 100 110 122 100 53 89 100 65 73 100 109 119 100 59 112 100 66 76 100 34 43 1921. January February March . April 134 139 170 113 33 37 33 62 115 65 74 59 89 86 124 89 28 38 33 40 130 91 107 66 93 86 114 80 74 54 52 64 108 93 100 61 57 71 74 99 108 85 103 71 93 29 52 37 May June July August 149 158 160 164 57 52 29 31 38 57 45 51 88 111 138 130 43 37 27 23 72 67 66 72 92 104 143 137 69 68 52 39 76 59 63 80 104 120 117 111 61 57 61 72 59 68 24 16 25 44 September October . . . . November December 178 181 156 82 29 33 61 138 36 30 22 12 117 120 131 125 22 21 27 32 59 83 33 27 110 120 136 111 38 34 39 50 44 45 31 25 127 141 110 103 51 41 51 63 49 57 35 26 38 21 12 7 65 71 214 280 23 30 102 136 49 59 65 65 75 96 64 78 54 50 104 98 82 101 54 52 16 21 1921. January February . March April D M . 00 CO 00 H 144 1OO 50 179 £ 56 100 149 120 S3 1918 mo. av 1919 mo. av . . . . 1920 mo. av 1921 mo. av 115 123 136 78 301 42 129 84 73 128 86 68 129 118 78 100 271 47 129 84 67 123 85 69 130 121 71 j 32 June July August 101 118 142 163 236 202 154 116 51 63 68 89 114 123 124 135 84 87 95 92 63 74 83 87 124 123 121 134 84 88 94 103 72 78 69 81 103 115 117 125 115 117 120 132 68 84 70 88 i | ! 32 33 '44 September October. . November December 183 148 112 75 71 96 126 82 89 59 60 145 169 120 99 85 67 72 80 92 111 70 68 134 170 130 105 102 85 91 106 88 110 71 71 131 154 117 97 118 103 101 115 92 108 75 71 i 1 I 53 67 54 85 140 152 189 127 135 167 84 70 91 138 154 199 73 73 90 109 93 130 135 135 166 103 103 122 96 81 108 137 125 158 104 101 108 130 84 115 May 1922. January February . March April I May June . . 1 See footnotes on opposite page. 32 124 52 52 81 SANITARY WARE. Table 42.—NUMERICAL DATA. From commercial and trade sources, [Base year in bold-faced type; index numbers on oppooite page.] ENAMELED WARE. 1 LAVATORIES. BATHS. YEAR AND MONTH. Orders shipped. Stocks. Orders received. Orders shipped. Stocks. MISCELLANEOUS. SINKS. Orders received. Orders shipped. Stocks. Orders received. Orders shipped. Stocks. Orders received. 39,831 42,450 46,977 51,181 33,172 53,428 57,789 70,626 74,293 48,419 47,754 49,527 55,769 65,230 44,888 Orders received. Pieces per kiln. Number. 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av 1917 mo. av SANITARY POTITERY2 31,555 34,655 29,367 40,887 22,201 19,495 34,608 51,441 41,510 60,530 42,175 20,951 75,324 21,514 69,872 36,774 40,911 32,697 45,768 51,438 58,169 132,369 139,751 43,302 109,318 34,322 73,612 53,438 56,565 33,097 54,584 60,231 66,458 145,329 125,814 66,333 111,764 35,089 88,018 57,502 64,577 23,405 28,383 31,062 33,640 77,034 79,869 47,410 89,394 25,427 41,900 27,691 31,803 430 145 183 1920. January February March April 46,312 48,032 58,674 39,101 13,784 15,431 14,027 26,132 80,057 45,547 51,488 40,930 40,779 39,406 56,818 40,896 39,783 53,798 46,682 55,891 95,699 66,770 78,870 48,358 50,596 46,915 62,240 43,401 92,795 67,454 65,611 81,096 94,760 81,959 88,285 53,892 25,957 25,054 28,915 28,153 45,890 57,011 59,026 53,638 45,228 35,671 42,961 29,559 420 125 225 160 May.... June July.... August. 51,528 54,817 55,455 56,838 24,222 21,986 12,363 12,973 26,357 40,164 81,146 35,670 40,314 50,739 63,118 59,331 59,506 51,808 37,186 32,135 53,193 49,234 48,413 53,104 50,210 56,604 77,840 74,671 87,058 85,389 64,873 49,104 66,816 51,657 55,627 70,202 29,604 33,956 33,166 31,483 51,431 43,150 48,776 45,594 25,376 30,116 24,805 28,366 105 70 108 190 September.. October..;. November.. December.. 61,617 62,683 54,008 28,230 12,324 14,024 25,929 58,221 24,950 21,298 15,558 8,119 53,708 54,934 59,994 57,221 30,262 29,985 37,291 45,291 43,196 60,849 24,009 19,560 60,097 65,728 74,030 60,444 47,643 42,733 48,787 63,453 38,357 39,209 27,049 22,208 36,114 39,948 31,125 29,272 40,463 32,835 40,671 50,440 20,655 23,824 14,685 11,045 165 90 50 30 1921. January February March April 22,444 24,499 27,157 34,573 90,303 118,205 127,128 114,391 16,340 21,302 29,460 32,625 46,811 62,097 59,263 59,140 69,052 82,501 117,204 117,750 47,84« 48,022 53,481 49,060 40,979 52,181 69,623 67,141 80,752 97,924 107,730 106,862 47,243 44,442 59,456 61,120 29,494 27,738 36,737 37,020 65,831 22,553 80,533 | 21,757 94,389 j 32,810 96,524 j 29,571 70 90 139 137 May.... June July.... August. 35,011 40,933 49,314 56,515 99,525 85,062 64,969 49,009 35,717 43,973 47,187 61,861 52,323 56,278 56,733 61,667 117,422 121,969 132,453 128,354 46,686 54,428 61,378 63,882 67,487 66,924 65,861 73,047 105,916 110,776 118,638 129,570 63,250 68,858 60,449 71,191 29,341 32,674 33,155 35,616 91,737 93,365 95,792 105,781 28,661 35,084 29,505 36,788 137 140 189 179 September.. October November.. December.. 54,377 63,217 51,259 38,818 31,474 30,010 40,667 53,140 57,024 62,279 41,173 41,993 66,328 77,293 54,924 45,176 118,272 94,091 100,912 111,834 67,381 81,978 51,677 49,961 73,101 92,820 70,899 57,430 127,822 107,332 114,830 133,014 77,359 97,104 62,228 62,222 37,268 43,792 33,330 27,518 94,134 82,017 80,980 91,643 38,359 45,137 31,537 29,879 227 288 232 367 1922. January February March April 48,425 52,575 65,243 53,422 56,759 70,587 58,420 49,134 63,815 63,047 70,654 91,039 102,190 101,566 126,228 80,124 68,414 95,891 73,877 73,660 90,764 129,586 129,505 152,980 84,791 71,434 95,137 38,831 35,446 44,912 83,242 80,742 86,334 54,545 35,240 48,062 535 222 225 1918 mo. av.. 1919 mo. av.. 1920 mo. av.. 1921 mo. av.. May.. June.. 1 Data furnished by the Enameled Sanitary Ware Manufacturers' 'Association and said to represent approximately 98 per cent of the total output in the United StatesThe Association explains that orders shipped are the best current index of the industry. Orders received are likely to pyramid during periods of great activity to be followed by cancellations if the demand drops off. Stocks always increase during the winter and spring months because more efficient work at the enameling ovens can be done in cold weather and manufacturers operate at maximum capacity as long as they can finance operations and find storage capacity for the products. * Data furnished by Sanitary Potters' Association and include the following articles, with percentages of total orders in 1920: Siphon jets 6.5 per cent, washdowns 54 per cent, reverse traps 4.3 per cent, small tanks 27.7 per cent, large tanks 5.2 per cent, and lavatories (not reported prior to July, 1920) 2.3 per cent. 100797°—22 6 82 CEMENT AND ABRASIVES. Table 43.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non-Government sources.1 [Base year in bold-faced type.] ABRASIVE PAPER AND CLOTH.3 PORTLAND CEMENT. YEAR AND MONTH. Production. Wholesale price, net, Stocks Domestic Foreign Shipments. at end of without sales. sales. period.' bags, Chicago district Relative to 1913. Relative to 1919. Production. Shipments. 100 96 93 99 101 100 97 98 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 77 87 Wholesale price, net, without Domestic sales. bags, Chicago district. Per barrel. B.-NUMERICAL Foreign sales. Reams. DATA. 7,675 7,353 7,160 7,627 7,735 7,391 7,203 7,241 7,879 7,559 11,220 12,773 11,463 8,361 10,354 $1.0018 .892 .946 5,923 6,691 8,335 8,191 5,910 7,124 8,026 7,921 10,454 5,257 8,941 10,160 1.665 L.663 L.802 1.537 68,150 73,969 45,948 9,171 11,476 4,280 110 84 116 104 L.650 L.650 L.650 L.650 90,426 74,653 103,806 76,931 10,056 7,674 10,634 9,537 188 147 132 120 116 111 131 169 140 L.741 L.800 L.800 L.887 100,167 89,731 81,499 78,908 10,183 11,972 15,486 12,860 195 195 195 195 104 S5 55 37 155 179 115 88 1.950 1.950 1.950 1.950 70,887 58,084 37,190 25,341 14,246 16,458 10,544 8,061 4,387 3,138 3,393 5,958 107 102 1OO 114 102 75 92 1OO 89 94 118 153 80 96 109 107 93 47 80 91 166 166 180 153 1OO 109 67 1OO 125 47 165 165 165 165 133 110 152 113 May 174 June July August 180 180 September October November 109 107 1920. January February March April ::::::::::: • 1921. January February March. April L.187 L.532 53 57 88 113 May June July August Stocks at end of period.' Thousands of barrels. A.—INDEX NUMBERS. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. ABRASIVE PAPER AND CLOTH.3 PORTLAND CEMENT. . . . .. September October November December 1922. January February March April 34 45 84 107 92 102 107 112 193 171 170 170 39 48 61 70 48 34 37 65 4,098 4,379 6,763 8,651 2,539 3,331 6,221 7,919 10,300 11,400 12,000 12,600 1.930 1.717 1.700 1.700 26,436 32,764 41,404 47,538 121 121 125 133 128 143 139 167 111 99 93 74 170 170 170 170 68 71 62 76 43 35 45 42 9,281 9,296 9,568 10,244 9,488 10,577 10,301 12,340 12,450 11,150 10,414 8,280 1.700 1.700 1.700 1.700 46,544 48,671 41,969 ! 51,595 131 137 116 85 152 164 70 50 62 48 81 106 159 148 148 148 81 88 80 66 50 44 64 53 10,027 10,506 8,921 6,559 11,329 12,114 5,195 3,697 6,953 5,348 9,091 11,938 1.593 1.50 1.50 1.50 54,929 59,904 54,430 45,195 4,540 4,019 5,858 4,896 56 56 87 40 44 95 119 126 123 148 148 148 84 87 110 60 60 82 4,291 4,278 6,685 2,931 3,285 7,002 13,316 14,142 13,824 1.50 1.50 1.50 57,129 59,418 74,631 5,521 5,461 7,506 3 063 3,192 4.142 3,879 May 1 Data on cement is from the U. S. Department oUhe Interior, Geological Survey; except prices, which are average of weekly prices reported by the U. S. Department of Labor, Bureau of Labor Statistics; data on abrasives compiled by the Abrasive Paper and Cloth Manufacturers' Exchange. 2 Yearlyfiguresrepresent stocks at end of year, not an average of monthly stocks, except for 1921. 3 Data compiled by the Abrasive Paper and Cloth Manufacturers' Exchange estimated to represent 90 per cent of the industry. The totals given include the sales of garnet, emery, flint, and artificial (silicon, carbide, and aluminous oxide) paper, cloth, and combinations. Figures are stated in equivalent reams, 9 by 11 inches in sire. The data submitted show that in 1919 the total domestic sales were made up of the following approximate percentages: Garnet 39, emery 8, flint 32, and artificial 20 per cent. 83 CONSTRUCTION COSTS AND PAPER BOARD. Table 44.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-faced type.] COST INDEXES. Factory YEAR AND MONTH. building costs. 2 Construction costs.3 Hotel Loft costs.< Relative to 1914. Subdivided office building costs. 4 CONSTRUCTION VOLUMES WHOLESALE ! PRICE. PRODUCTION OF PAPER BOARDJ Structural steel Corrubeams, ! gated. etc., Pittsburgh. Relative to 1913. Solid fiber. Relative to 1919. 1918 monthly 1919 monthly 1920 monthly 1921 monthly average... average... average... average... 100 179 100 93 98 137 189 203 208 239 202 100 93 105 134 154 100 90 101 132 155 100 91 100 131 150 157 164 209 177 156 6 165 215 180 152 6 160 207 174 6 1OO 91 88 91 I PRICE. Structural steel beams, etc., Pittsburgh. Per pound. PRODUCTION OF PAPER BOARD. 7 Corrugated. Solid fiber. Thousands of square feet. B.—NUMERICAL DATA. A . - I N D E X NUMBERS. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. WHOLESALE 100 83 93 177 269 202 174 187 131 $0,016 .013 .015 .028 .043 104 ! 104 65 i 89 .032 .028 .028 .021 8 100 i 8 100 106,834 | 8 50,858 111,168 ! 53,045 69,497 45,313 1920. January February March April May.... June July.... August. 190 207 226 241 265 201 208 200 162 162 162 214 112 103 129 104 124 106 142 106 .025 .025 .025 .032 119,845 110,529 138,033 110,689 63,288 53,897 72,121 53,842 106 115 115 128 126 126 126 129 .032 .032 .031 .028 112,988 123,337 122,738 136,282 64,051 64,051 64,252 65,554 214 221 214 214 214 205 184 255 255 255 252 265 269 274 266 252 213 213 209 205 220 217 212 210 213 209 207 202 184 184 184 180 114 116 70 116 95 37 18 .028 .028 .028 .027 121,705 124,460 75,002 38,403 58,777 48,554 18,773 9,374 47 53 75 .025 .025 .023 .022 32,273 44,430 52,765 57,670 24,129 27,171 38,281 47,391 .022 .022 .021 .019 57,916 59,211 62,896 75,003 45,071 49,720 45,078 53,911 September October November December 1921. January February March April 241 220 197 186 231 231 224 213 197 190 188 183 204 195 192 187 197 190 187 180 41 162 162 152 147 30 42 49 54 May.... June July.... August. 176 172 167 161 211 210 204 193 181 178 172 168 184 182 176 171 179 176 170 166 90 117 90 94 146 146 139 123 54 55 59 70 106 September October November December , 1922. January February , March , April 160 157 154 153 188 183 166 169 165 165 165 163 166 166 166 165 162 162 162 159 114 109 101 118 123 116 106 78 106 100 94 125 117 .019 .018 .017 .015 83,548 113,574 106.983 87,692 47,361 63,719 59,510 42,146 152 152 152 152 169 162 165 162 160 160 164 160 160 158 155 155 91 100 202 99 96 75 86 100 90 100 116 .015 .015 .014 80,567 91,719 106,681 45,847 50,606 58,833 May.. June.. 1 Except price of steel beams, from the U. S. Department of Labor, Bureau of Labor Statistics, representing average of weekly prices for the month and placed here for convenience. a This index number, furnished through the courtesy of the Aberthaw Construction Co., is designed to show the relative changes in the cost of constructing a standard concrete factory building. The company believes that the year 1914 gives a normal base and that July, 1920, represented the peak of building costs. * The construction cost index, computed by the Engineering News Record, is based upon the costs of steel (structural shapes, Pittsburgh base), cement (f. o. b. Chicago, exclusive of bags), lumber (southern pine, New York base), and the rates paid common labor in the steel industry. The prices are weighted on the basis of the total production4of steel, cement, and lumber, and the total supply of common labor. Compiled by the George A. FuUer Company, reflecting wages and material costs in New York City, originally on a 1909 relative base and converted to a 1913 base. These costs are based on buildings actually constructed by this company, as follows: Hotel building, built in 1913-14, high-grade, containing 11,500,000 cubic feet; loft office building, built in 1909, containing 3,647,000 cubic feet; subdivided office building, built in 1909, containing 8,070,000 cubic feet. * Compiled by the Engineering News-Record, on the basis of contracts let as reported by this publication and its construction cost index number, based on 1913 costs, e Two-month average, May and October, 1919. 7 Reported by The Container Club and representing about 50 per cent of the paper box industry. Usually 16 firms rtport, with a minfaniiTn of 14 firms in part of 1919, and a maximum of 18 firms in March, 1922. e Average of last six months of year. 84 CHEMICALS—FOREIGN TRADE. Table 45.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] IMPORTS. YEAR AND MONTH. Potash.* IMPORTS. EXPORTS. Nitrate Sulphu- Dyes and of soda, ricacld. dyestufls. Total fertilizer.3 Relative to 5-year average 1909-1913. EXPORTS. Nitrate j Sulphuric Dyes and Potash.* of soda, i acid. dyestuffs. Long tons. ( L Pounds. ! Dollars.. I Lon;g t o n s . B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1OO 179 1,055 1OO 155 723 2,291 4,639 100 83 30 32 28 31,124 18,247 6,304 772 831 43,177 45,143 64,349 101,535 128,601 613,692 1,098,015 6,476,002 5,538,625 5,293,426 $28,937 30 4 4 1OO 105 149 235 298 209,255 662,832 1,342,280 30,647 32,747 28,627 4 16 70 41 356 79 255 71 1,090 289 394 174 4,843 4,920 9,339 1,976 18 53 114 72 762 3,357 14,880 8,739 153,766 33,955 110,160 30,767 6,691,220 1,774,627 2,415,922 1,067,934 1,401,492 1,423,703 2,702,388 571,658 18,713 54,509 117,994 74,620 Ill 89 113 135 132 293 352 237 402 1,113 5,008 8,507 12,564 10,188 115 101 121 99 23,489 18,745 23,768 28,430 57,207 126,437 152,003 102,411 1,768,749 2,025,311 2,469,734 6,829,448 1,449,153 2,461,797 3,635,518 2,948,064 118,507 104,433 124,691 101,918 May.... June July.... August. 44 64 26 50 365 333 20 320 432 400 301 277 11,673 13,309 10,430 7,295 141 109 145 145 9,192 13,581 5,438 10,509 157,709 143,896 85,684 138,080 2,655,432 2,453,556 1,844,985 1,698,168 3,377,885 3,851,180 3,018,188 2,111,095 146,017 112,832 150,275 150,111 September.. October November.. December.. 70 79 32 34 259 197 205 168 259 267 328 327 10,780 8,123 7,985 6,975 116 99 74 102 14,861 16,647 6,843 7,189 111,779 84,844 88,519 72,403 1,589,383 1,639,590 2,012,627 2,004,085 3,119,295 2,350,448 2,310,751 2,018,453 119,614 102,697 76,986 105,716 1921. January February March April 20 35 40 19 186 68 107 69 310 372 110 219 4,615 1,895 2,480 1,286 103 74 62 64 4,231 7,300 8,496 4,001 80,305 29,532 46,201 29,810 1,903,970 2,285,806 673,314 1,345,096 1,335,531 548,420 717,693 372,033 106,153 76,292 64,408 65,829 May.... June July.... August. 14 24 16 41 87 88 48 77 128 133 90 177 1,370 2,091 1,535 2,110 53 73 63 52 3,007 5,153 3,378 8,757 37,778 37,847 20,791 33,045 787,647 817,159 553,587 1,083,892 396,524 605,096 444,283 610,666 54,518 75,391 65,399 53,676 September.. October.... November.. December.. 66 74 65 81 46 31 36 12 101 225 115 107 1,564 1,665 1,731 1,362 102 61 98 62 14,023 15,735 13,731 17,060 19,646 13,250 15,629 5,365 620,961 1,379,564 705,218 658,995 452,574 481,927 500,918 394,230 105,358 63,259 101,497 63,663 104 22 44 54 119 102 163 2,271 1,167 1,722 65 50 64 17,591 20,793 21,925 9,470 19,160 23,452 728,337 625,631 1,003,128 657,042 337,826 498,274 67,011 51,656 66,566 1909-1913 monthly av. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 1919 1920 1921 monthly average. monthly average. I monthly average, j monthly average. 1920. January February March April 1922. January , February , March April 100 44,749 May.. June. 1 Data compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Includes potash imported as chemicals and also the muriate and sulphate used in fertilizers. 3 Largely phosphate rock. 103,391 j 85,639 85 CHEMICALS—PRODUCTION AND PRICES. Table 46.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non- Government sources. [Base year in bold-faced type.] CONPRODUCTION.i ! S U M P - STOCKS 0) TION.i YEAR AND MONTH. Acetate Wood | Wood, of alcohol. ! carbon- Wood. i ized. lime. WHOLESALE PRICES. Drugs Essenand tial Pharmaoils.* ceuti3 cals. Crude drugs. 5 Relative to August, 1914. Relative to 1920. i PRODUCTION.^ Sulphuric acid 66° New York.? Acetate ol lime. Wood alcohol. Relative tol9 13. Thousands of pounds. Gallons. Chemicals.c av.. av.. av.. av.. 100 Wood. Cords. Sulphuric acid66 c New York. Dollars per pound. 212 av.. av.. av.. av.. av.. 1918 mo. 1919 mo. 1920 mo. 1921 mo. Wood, carbonized. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. WHOLECONSUMP- STOCKS SALE PRICE. TIONS * 100 * 100 100 100 129 200 169 $0,010 .010 .013 .020 .017 75,003 846,204 714,302 30,859 .016 .010 .011 .009 * 100 213 265 158 185 202 134 279 242 255 152 163 95 112 91 1OO 45 100 41 100 40 84 201 196 129 1920. January... February.. March April 105 101 108 107 108 100 109 105 107 105 106 107 126 102 115 205 207 206 207 261 268 274 279 212 220 219 213 242 252 252 261 110 110 118 120 12,572 12,114 12,883 12,759 671,484 625,334 678,547 654,175 79,945 902,443 73,501 1,063,526 78,848 867,120 79,682 970,110 .011 .011 .012 .012 May June July August 93 106 110 114 99 106 111 99 101 120 104 97 98 102 207 206 198 197 279 287 280 267 213 211 207 205 279 274 274 264 120 120 114 109 11,172 12,684 13,217 13,610 616,158 617,510 658,782 693,070 71,^91 74,424 75,871 89,839 877,620 819,846 825,849 861,653 .012 .012 .011 .011 September. October.... November. December. 100 92 101 91 92 79 104 93 91 80 253 142 226 210 198 184 174 162 267 263 240 79 195 187 173 160 110 110 108 93 12,974 11,040 10,565 8,085 631,610 564,228 570,899 489,161 78,267 69,726 68,019 60,017 742,903 744,839 808,952 669,592 .011 .011 .011 .009 72 66 65 37 71 60 58 34 79 74 80 84 155 149 141 135 200 189 178 168 153 145 141 138 181 166 157 140 92 98 100 95 6,501 6,204 5,604 3,290 449,906 409,016 403,838 228,254 53,440 44,627 43,445 25,706 669,010 622,041 676,765 709,043 .009 .010 .010 .010 32 90 24 30 28 21 23 129 126 125 123 165 159 151 142 136 135 130 126 143 147 148 158 90 90 90 90 3,489 3,616 2,647 2,987 201,579 188,395 151,627 147,683 22,521 20,655 15,872 16,885 762,013 742,857 702,445 697,566 .009 .009 .009 .009 721,696 714,027 865,258 .009 .009 .009 .009 100 11,973 622,580 4,807 280,337 1921. January... February.. March April 54 52 47 27 May.... June July.... August. 29 30 22 25 September.. October November.. December.. 31 40 54 71 30 37 53 70 27 35 47 60 81 85 84 102 119 117 116 118 138 138 135 137 123 126 127 132 147 151 147 145 90 85 85 85 3,696 4,780 6,414 8,453 184,784 232,740 332,108 434,113 20,414 26,031 35,393 45,320 71 73 70 94 64 63 86 104 111 117 117 115 116 136 136 135 134 139 155 144 148 156 80 80 80 8,494 7,942 11,134 452,700 433,024 587,928 48,064 47,097 64,563 1922. January... February.. March April . . . . . 66 30 24 877,046 942,660 .008 .008 .008 May.. June. 1 Compiled from reports of the National Wood Chemical A ssociation to which are added reports from the principal nonmember firms. Total reports for each month vary from firms with a capacity of 3,200 cords to 4,500 cords daily; all months are therefore prorated to a daily capacity of 4,500 cords, representing about 90 per cent of the industry, on the basis of capacity reporting each month. a August, 1914. * Compiled from weekly wholesale quotations of 35 drugs and pharmaceutical chemicals by the Oil, Paint, and Drug Reporter. * Compiled from weekly wholesale quotations of 20 essential oils by the Oil, Paint, and Drug Reporter. 6 Compiled from weekly wholesale quotations of 40 crude botanical drugs by the Oil, Paint, and Drug Reporter. 6 The chemical price index from Chemical and Metallurgical Engineering includes quotations on 25 commodities selected on the basis of their importance as representing both qualitatively and quantitatively the principal branches of the chemical industry. These prices are weighted on the basis of total production plus total imports in the y«ar 1919. Thefiguresare averages of weekly prices. i Wholesale average monthly price of sulphuric acid from United State* Department of Labor, Bureau of Labor Statistics. 86 FLAXSEED AND COTTONSEED. Table 47.—(A) INDEX 1TCJMBEBS AND (B) NTJMEEICAI DATA. From commercial and trade sources.1 [Base year in bold- faced type.] Receipts. Shipments. COTT'O'V SEED. DULUTH MINNEAPOLIS. Y E A S AND MONTH. Stocks. 1 FLAXSEED. FLAXSEED. Stocks ReShipend of ceipts.2 ments.2 Stocks.s month. MINNEAPOLIS. Receipts.* Shipments. 2 Relative to 1919. Relative to 1913. ! COTTONSEED. DULUTH. Stocks.s Receipts.2 Shipments. 2 Stocks.s Thousands of bushels. Stocks end of month. Short tons. B.—NUMERIC A Is DATA. A.—INDEX NUMBERS. i 1913 m. av 1914 m. av 1915 m av 1916 m av 1917 m. av. 1918 m. av. 1919 m. av. 1920 m. av. 1921m. av. 1920. January... February.. March April May June. . July August September. October... November. December. 1921. January... February.. March April May . June July . . August September. October... November. December. 1922. January... February.. March April 2,751 1 2,060 1OO 1OO 1OO 943 156 233 1,036 1,099 30 98 44 49 75 647 47 228 457 538 54 50 39 47 35 34 512 78 90 487 382 948 79 62 56 58 56 49 741 97 130 596 613 1 360 53 63 83 33 34 31 129 502 98 194 341 377 846 100 69 100 100 56 53 22 33 31 8 96 524 83 52 346 338 208 61 67 26 18 16 4 100 575 105 60 182 175 119 59 33 97 40 25 28 58 552 51 226 412 278 758 .50 73 416 35 41 46 71 469 114 970 362 454 1,253 36 12 9 8 6 3 93 340 19 21 88 63 13 10 10 5 1 69 362 20 24 102 51 28 45 22 10 9 6 4 42 428 35 24 90 65 123 17 24 12 11 1 1 20 164 38 29 111 11 489,442 512,448 296,219 362,947 71 38 661,192 | 29 477,478 354,120 215.872 104,334 33 12 9 6 11 17 9 308 19 22 59 124 462 55 43 11 60 14 25 7 521 67 25 621 153 685 i 59 20 21 76 49 28 6 552 31 49 792 535 776 31 17 48 35 36 41 7 297 27 112 365 399 1,127 47,077 36,044 30.084 36,760 1,656 1,221 1,460 1,460 138,418 488,958 587,996 593,507 1,557 1,639 1,635 1,630 484,832 416,520 299,976 191,526 139,471 109,309 94,543 124,377 69 53 64 51 18 60 27 653 82 150 524 199 157 135 225 96 39 44 95 1,478 211 525 997 424 86 38 296 57 87 53 114 808 59 689 589 76 10 445 59 32 53 116 713 16 1,038 611 960 347 29 18 507 17 5 57 95 278 28 55 23 509 10 3 60 81 269 36 106 32 46 44 476 5 5 59 59 430 68 1,182 1,185 1,110 172 29 50 56 44 61 418 14 16 59 37 416 95 975 141 177 63 47 426 41 66 52 27 598 73 993 422 730 55 51 457 45 46 48 21 519 79 471 501 1,419 1,319 35 74 494 55 85 33 18 333 116 567 935 921 37 129 461 28 23 32 24 353 201 1 065 1,150 1,074 286 248 881 309 978 863 654 948 504 227 151 65 127 4 59 126 398 39 28 36 74 559 197 928 122 108 364 54 79 24 143 1,148 169 848 41 135 315 76 86 20 149 389 211 36 59 170 37 54 8 121 335 92 733 395 399 559 783 385 32 103 73 11 14 5 82 302 161 22 77 58 6 6 5 50 204 120 170 136 116 M 27 55 38 12 12 3 21 257 86 88 120 545 151 131 84 May June i Except cotton seed stocks at mill? from U. S. Department of Commerce, Bureau of the Census. Data on flaxseed from the Northwestern Miller. i Monthly figures are totals of weekly figures with first and last weeks of month prorated. »Stocks at end of week nearest the end of the month. 381,342 732,570 762,726 618,173 418,349 256,872 107,058 87 VEGETABLE OILS. Table 48.—(A)-INDEX NUMBERS AND (B)-NTJMEEICAL DATA. Based on data from Government sources,1 [ Base years in bold-faced type.] VEGETABLE OLEOMAROILS. ! GARINE. LIN- U N SEED SEED OIL OIL. CAKE. COTTONSEED OIL, CRUDE. VEGETABLE OILS. OLEOMARGARINE. Shipments Stocks Profrom end of ducMinneapolis. month tion. Ex- Total Pro- Conimports. ports.< duc- sumption. tion^ Shipments from Minneapolis. Stocks end of month. Total Eximports.4 ports.2 Production. Relative to 1913. Relative to 1919. Relative to 1913. LIN- LINSEED SEED OIL OIL. CAKE. YEAR AND MONTH. COTTONSEED OIL, CRUDE. Production. Consumption.^ Thousands of pounds. 15,210 30,166 11,868 20,684 9,862 17,188 10,662 18,706 100 3 1 0 0 3 1 0 0 61 3 124 399 109 396 3 100 58 3 141 3 105 100 99 99 105 41 36 61 58 76 3 172 3 305 3 316 3 334 3 133 241 254 254 147 161 227 245 253 148 11,158 9,271 10,026 7,856 8,157 18,428 15,998 18,473 12,069 15,068 66,753 71,007 59,967 76,190 94,779 71,158 65,423 65,399 65,536 107,920 11,788 10,437 17,599 16,863 21,964 287 186 148 77 63 74 80 75 235 313 338 433 305 270 311 263 292 287 308 286 7,846 7,168 6,617 6,364 13,974 10,881 11,908 8,094 192,755 181,330 143,678 110,324 187, 877 121, 560 97,069 50,337 18,286 21,482 23,235 21,717 50,286 66,867 72,200 92,621 36,852 32,661 37,587 31,806 34,643 34,000 36,548 33,947 133 75 38 23 41 17 7 49 45 16 11 236 238 258 196 296 204 203 219 272 188 203 237 9,504 9,996 8,166 9,465 12,754 15,608 17,670 79,517 44,928 22,619 13,757 26,789 11,077 4,400 5,010 14,256 13,100 4,633 3,171 50,550 50,859 55,270 41,959 35,874 24,721 24,559 26,535 32,295 22,310 24,046 28,141 37 55 177 277 261 65 291 349 270 20 30 85 150 178 137 83 95 259 259 252 213 251 238 271 201 7,059 9,359 7,411 5,853 10,839 11,932 10,397 11,302 33,221 105,851 166,231 156,801 42,832 190,262 228,073 176,323 5,773 8,671 24,632 43,446 38,010 29,196 17,808 20,269 31,384 31,296 30,457 25,751 29,819 28,249 32,099 23,869 34 40 61 61 64 65 59 41 278 281 277 193 263 247 229 122 245 139 127 74 99 161 52 213 195 178 194 161 191 171 180 175 5,152 6,125 9,354 9,306 19,345 19,483 17,747 12,446 166,710 168,254 166,078 115,831 171,887 161,809 149,526 79,573 71,291 40,305 36,811 21,489 21,251 34,479 11,162 45,605 23,566 21,589 23,481 19,507 22,688 20,297 21,361 20,814 May.... June July.... August. 55 67 61 64 37 52 66 117 80 34 28 68 47 40 45 68 51 27 21 65 61 78 70 116 74 91 141 104 64 94 150 8,357 10,260 9,220 9,700 10,869 11,190 15,541 19,799 70,199 47,851 20,113 16,693 44,297 30,411 26,228 29,630 19,613 17,747 7,922 6,054 13,967 13,012 16,774 15,065 14,055 8,900 11,005 17,112 12,317 7,614 11,120 17,803 September. October November.. December.. 55 57 49 39 27 42 52 84 172 187 167 153 285 265 202 28 37 37 43 211 127 225 149 136 176 154 152 149 181 148 164 8,316 8,694 7,441 5,955 8,060 12,804 15,594 17,932 50,576 102,957 111,916 100,167 99,803 186,444 173,574 131,961 8,239 10,744 10,822 12,529 45,177 27,117 48,135 31,785 16,497 21,280 18,678 18,410 17,723 21,497 17,565 19,411 1922. January February March April 42 44 48 52 51 31 164 117 100 154 140 110 42 229 234 380 134 147 142 103 129 6,457 6,647 15,745 15,356 9,283 98,295 69,952 60,089 100,706 91,321 72,237 12,114 9,825 10,459 49,060 50,008 81,270 16,167 17,780 16,887 12,195 15,262 1913 monthly a v . . 1914 monthly a v . . 1915 monthly a v . . 1916 monthly a v . . 100 78 65 70 100 69 57 62 1917 monthly a v . . 1918 monthly a v . . 1919 monthly a v . . 1920 monthly a v . . 1921 monthly a v . . 73 61 66 52 54 61 53 61 40 50 111 118 100 127 153 109 100 100 100 165 1920. January February... March April 52 47 44 42 36 39 27 321 302 240 184 May.... June July.... August. 54 59 31 42 52 59 September.. October November.. December.. 46 62 49 38 36 1921. January February... March April 40 34 34 36 7,232 29,043 17,758 31,641 16,977 321,387 312,102 11,861 3 26,441 3 12,002 11,798 | 3 20,636 312,151 11,787 j 3 30,133 312,709 12,404 ! I 3 36,850 23,937 19,044 j 3 65,295 29,217 26,877 3 30,733 29,081 67,495 3 71,390 , 30,790 30,014 I 3 28,499 17,840 17,517 May.. June. ii 1 Except shipments of linseed oil and cake and meal from Minneapolis Chamber of Commerce. The sources of the other data are: Imports and exports of vegetable oils, from the IT, 8. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cottonseed and cottonseed oil data from the U. S. Department of Commerce, Bureau of the Census; and Oleomargarine production and consumption from the U.S. Treasury Department, Bureau of Internal Revenue. » Includes cottonseed, corn, and linseed oils. 3 These figures are for fiscal years beginning July 1. 4 The following oils are included: Chinese nut, cocoa butter, coconut, cottonseed, olive (inedible), olive (edible), palm, palm kernel, peanut, rapeseed, soya bean. Where certain of these are reported in gallons, they have been converted into pounds, allowing 1\ pounds per gallon. 5 Colored and uncolored, as represented by tax-paid withdrawal. 88 CEREAL EXPORTS. Table 49.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] E X P O R T S OF GRAIN (including flour a n d m e a l a s grains). YEAR AND MONTH. Barley and barley flour. Corn and corn meal. Oats and oat* meal. Rye and rye flour. Wheat and wheat flour. Total grains. Barley and barley flour.s Corn and corn meal. 3 Oats and oatmeal.< Rye and rye flour.5 Relative to 1913. Total grains. Thousands of bushels. A.—INDEX NUMBERS. Wheat and wheat flour.e B.—NUMERICAL DATA. 298 291 310 123 736 854 792 102 193 153 118 100 67 191 168 149 1,461 554 2,211 1,874 1,488 4,223 874 4,185 4,603 4,751 3,018 223 8,993 8,791 9,370 189 1,138 1,320 1,224 11,907 12,133 23,034 18,230 14,070 20,764 13,973 39,560 34,817 30,903 93 31 42 358 184 45 22 879 2,183 3,195 1,622 146 187 215 245 171 173 169 214 1,897 3,369 1,488 2,153 3,922 1,325 1,769 10,974 10,815 5,551 1,355 667 1,359 3,375 4,938 2,514 17,413 22,259 25,635 29,205 35,406 35,878 35,185 44,516 87 65 99 61 55 46 48 32 72 52 110 48 722 1,380 3,006 3,284 103 89 142 115 92 83 136 108 1,264 954 1,444 887 2,321 1,925 2,013 1,335 2,166 1,577 3,322 1,462 1,116 2,133 4,647 5,076 12,271 10,581 16,881 13,722 19,139 17,171 28,306 22,482 May.... June July.... August. 43 38 69 163 23 27 31 31 56 22 16 24 6,651 4, ISO 5,105 3,657 217 183 291 273 190 147 218 205 635 557 1,013 2,377 971 1,144 1,294 1,293 1,684 656 495 719 10,280 6,383 7,891 5,652 25,885 21,754 34,655 32,550 39,454 30,493 45,347 42,591 September.. October.... November.. December.. 141 172 111 172 28 48 51 86 32 25 38 1,715 1,900 3,141 3,645 293 361 260 253 201 247 196 207 2,066 2,515 1,623 2,520 1,185 2,046 2,167 3,626 968 769 1,141 1,016 2,650 2,937 4,855 5,634 34,894 43,033 30,179 41,763 51,300 40,775 42,975 1921. January.. February. March.... April..... 205 91 107 43 136 203 324 250 19 14 16 3,546 2,482 1,142 1,376 228 194 174 208 204 180 125 186 2,991 1,324 1,567 631 5,753 8,561 13,681 10,558 963 567 408 487 5; 480 3,836 1,765 2,127 27,105 23,075 20,763 24,791 42,293 37,364 25,872 38,595 May.... June July.... August. 31 94 144 315 206 281 361 331 21 11 17 56 1,329 1,585 604 2,070 266 225 257 562 209 208 238 435 458 1,372 2,108 4,602 8,694 11,858 15,234 13,976 619 340 504 1,677 2,055 2,456 936 3,105 31,624 26,781 30,579 66,963 43,450 43,158 49,361 90,323 September., October.... November.. December.. 367 143 172 57 448 224 106 248 22 28 11 19 2,400 1,291 446 1,286 327 213 163 126 326 191 132 139 5,357 2,082 2,511 830 18,937 9,470 4,475 10,488 678 844 343 573 3,720 2,001 691 1,993 38,950 25,366 19,453 15,014 67,642 39,763 27,473 29 32 57 460 527 543 17 14 92 745 780 615 126 92 121 176 170 202 421 465 19,437 22,254 22,936 511 436 2,770 1,154 1,209 954 14,985 10,991 14,371 36,508 35,355 41,867 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 1919 1920 1921 monthly average. monthly average.. monthly average.. monthly average.. 1920. January.., February. March.... April 1922. January... February.. March 100 38 151 128 102 1OO 21 99 109 112 100 7 130 231 102 147 100 100 155 April. May.. June. 1 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Barley flour converted at 5.5 bushels to the barrel. Corn meal converted at 4 bushels to the barrel. 8 * Oatmeal converted at 5.21 bushels to 100 pounds. » Rye flour converted at 6 bushels to the barrel. • Wheat flour converted at 4.5 bushels to the barrel. 89 MOVEMENT OF CEREALS. Table 50.—(A) INDEX NTJMBEBS, AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-faced type.] I! •i 9S Y E A R AND MONTH. Rel. to 1914. CORN. WHEAT. WHEAT FLOUR,' Rel. to 1913. Relative to 1919. ft Rel. to 1913. Relative to 1919. WHEAT FLOUR.* Thousands of barrels. A . - I N D E X NUMBERS. 1913 monthly av. 1914 monthly av.. 1915 monthly av. 1916 monthly av. 1917 monthly av. 1918 monthly av., 1919 monthly av. 1920 monthly av.: 1921 monthly av., 1920. January February March April 100 96 102 101 100 93 61 108 51 96 114 94 104 1921. January February March , April 71 105 183 125 64 8,404 51,378 8,857 47,725 15,352 31,220 10,476 21,158 55,640 18,861 5,346 17,447 26,330 21,619 14,198 115 1OO 117 122 103 41 71 255 9,703 141 116 116 165 153 100 100 120 9,338 9,919 9,815 10,233 99 103 102 90 1OO 101 105 100 95 76 73 144 127 134 164 96 91 63 144 149 138 131 185 166 153 139 43 44 48 76 70 53 50 54 73 84 85 143 168 141 70 136 144 124 63 102 81 63 106 76 48 56 58 59 88 126 88 93 161 283 44 52 84 45 75 164 171 61 69 113 132 124 8,249 7,461 8,152 9,059 7,207 7,592 7,251 7,601 9,645 7,653 5,907 6,240 54,621 38,959 24,577 28,896 18,313 18,717 27,621 39,602 17,559 18,572 32,168 56,383 90 147 177 183 136 142 118 100 167 129 122 108 71 129 72 63 135 123 67 121 97 117 92 9,650 9,981 9,889 8,745 8,641 8,441 8,659 9,590 6,350 6,450 6,776 5,300 46,225 75,720 90,759 94,206 42,717 44,584 37,218 31,574 33,317 25,718 24,215 21,511 5,973 20,235 8,538 10,854 18,461 10,328 6,043 10,113 8,169 5,280 18,097 8,631 75 78 91 190 294 420 303 262 175 227 77 196 152 239 154 8,924 7,066 9,100 9,368 6,764 6,825 7,725 7,976 6,400 5,820 6,000 5,900 74,036 66,928 35,654 42,317 28,978 21,209 22,558 23,344 19,190 14,996 15,599 18,162 15,977 24,745 35,277 25,495 39,348 26,196 33,973 11,541 17,375 13,431 21,102 13,637 113 105 129 263 211 326 208 143 142 235 118 196 241 244 216 244 8,406 7,989 8,087 6,248 10,720 7,746 13,266 10,126 5,100 5,400 7,090 8,363 26,875 21,027 35,493 44,117 27,000 30,172 61,994 68,643 22,517 21,001 25,741 52,464 17,708 27,363 17,519 11,993 21,319 35,240 17,658 29,381 21,282 21,576 19,127 21,565 202 144 98 158 266 217 244 230 103 305 239 144 197 13,349 11,654 8,265 87,197 61,406 13,917 10,248 10,425 119,943 41,568 10,166 10,164 9,241 133,702 25,576 8,856 9,365 7,776 135,823 23,975 40,300 28,758 19,455 13,634 13,262 22,328 18,197 27,109 36,561 34,496 15,467 39,723 26,961 21,160 12,770 17,403 347 389 207 332 533 607 106 103 106 118 103 1OO 144 130 69 82 92 73 94 97 52 41 69 86 May.... June July.... August. 87 83 110 137 77 95 124 September.. October November.. December.. 138 143 105 91 143 126 125 115 88 111 170 82 264 110 97 119 77 100 101 235 210 194 1922. January February March , April B.—NUMERICAL DATA. 88 93 89 134 May.... June July.... August. September.. October November., December.. as •a 51 Thousands of bushels. 100 60 It It u Relative to 1919. CORN. WHEAT. 64 96 197 218 195 132 81 76 109 214 9,317 U,091 8,156 9,433 9,146 8,237 8,943 10,102 7,148 8,655 37,735 32,517 16,335 73,833 31,493 19,919 3,444 5,999 65,353 27,038 23,252 36,369 24,318 21,414 13,005 13,416 13,547 9,559 7,844 14,030 8,632 7,462 13,051 7,374 5,164 12,366 95,047 85,406 78,630 71,190 21,515 13,579 13,790 15,223 15,074 13,844 10,633 10,031 4,531 6,118 7,091 7,170 21,441 12,033 25,124 12,777 21,207 10,965 10,561 5,608 3,710 4,387 7,079 3,749 11,223 6,102 24,621 10,001 25,596 11,717 9,176 10,973 360 270 9,496 9,732 9,828 8,991 7,893 9,720 7,300 120,804 17,458 11,335 7,500 107,791 22,700 11,536 6,000 99,764 20,220 14,135 24,774 13,525 14,995 8,845 17,985 9,653 28,409 18,949 30,383 52,097 29,393 44,767 58,330 31,842 51,040 31,035 23,891 May.. June.. 1 Wheat flour production, consumption, and stocks reported by U. S. Grain Corporation, prior to July, 1920, later months from Russell's Commercial News; Visible supply of wheat and corn from Bradstreet's; Receipts and shipments of wheat and corn, compiled by Chicago Board of Trade, from the Price Current-Grain Reporter. 8 Consumption calculated from production, stocks, imports, and exports. Stocks represent flour in all positions, calculated from actual reports bearing a known relation to total stocks. 8 Aggregate stocks in United States and Canada east of the Rocky Mountains, on nearest Saturday to end of the month. 4 At principal primary markets. 90 FARM PRODUCTS, WHOLESALE PRICES. Table 51.—INDEX NUMBERS. Based on data from Government sources* [ Base-year in bold-faced type; numerical data on opposite page.] WHEAT FLOUR. YEAR AND MONTH. WHEAT. No.l, Standard Winter north- No. 2, red ern pat- straights, ents, Kansas spring, winter, ChiChiMinne- City. cago. cago. apolis RYE. BARLEY. COTTONOATS. CORN. SEED OIL. Cash, conNo. 2, sample, Cash, tract cash, fair to Chi- grades Chigood cago. malting, cago. No. 2, ChiChicago. cago. CATTLE. HOGS. TOBACCO. SHEEP. Hurley, Sum- Steers, good mer, good to leaf, yellow choice, Heavy, Ewes, Lambs, corn Chicago. Chicago. Chicago. dark prime, red, fed, New LouisYork. Chicago. ville. Relative to 1913. 1913 1914 1915 1916 1917 monthly average.. monthly average.. monthly average.. monthly average.. monthly average.. 1918 1919 1920 1921 monthly average.. monthly average.. monthly average.. monthly average.. 1920. January.., February.. March April 132 121 170 100 111 117 132 262 100 91 94 147 212 100 106 102 113 151 100 100 85 115 207 195 202 102 206 186 212 103 257 255 226 93 277 332 212 108 278 239 222 240 247 222 222 232 100 114 147 155 254 100 102 133 137 231 100 121 172 175 294 100 98 113 139 210 100 112 145 159 249 107 146 158 274 262 277 182 268 278 301 1S3 245 281 285 161 224 239 256 146 305 241 294 191 315 338 340 267 295 305 287 253 100 111 100 291 254 274 243 240 253 325 331 281 316 265 267 273 349 354 302 342 276 291 319 309 333 329 294 347 243 296 296 298 323 314 284 351 194 249 248 267 September.. October.... November.. December.. 318 312 328 May.... June July August. 287 303 282 251 174 186 247 275 304 272 253 306 161 156 210 245 265 237 224 267 148 141 142 198 209 248 139 137 129 215 194 204 251 125 132 121 210 216 204 199 259 120 121 109 200 207 185 195 234 110 115 106 191 208 181 170 227 114 115 104 173 181 160 141 211 102 101 191 May.... June July.... August. 218 195 198 175 159 231 105 104 99 197 1921. January... February.. March April 203 200 168 146 202 102 100 98 99 98 194 September.. October November. December.. 179 150 125 192 103 177 167 142 125 168 101 97 182 174 150 130 167 162 164 142 121 156 153 134 119 126 152 137 119 135 153 153 141 121 174 174 153 140 171 176 148 138 193 206 170 103 210 218 170 100 241 200 187 73 222 207 204 128 277 245 259 222 298 271 266 254 187 176 169 164 180 174 173 177 232 279 289 304 251 263 249 260 295 288 280 265 269 233 182 166 148 177 181 180 167 176 178 181 267 157 141 140 238 192 189 171 254 246 246 246 187 152 140 119 179 173 171 142 198 177 145 114 118 111 110 76 172 161 156 149 246 246 246 246 116 97 85 83 116 110 112 103 111 110 113 98 74 79 86 94 140 121 129 132 246 246 246 246 99 104 118 121 95 99 103 98 97 116 116 57 62 66 151 138 133 125 218 208 208 208 104 115 169 102 86 92 139 150 91 1OO 104 119 141 207 100 111 188 1OO 108 127 153 220 75 77 77 136 122 114 115 98 104 101 97 95 95 82 81 67 62 59 81 113 109 112 135 208 208 208 208 77 91 92 118 139' 159 96 102 103 93 118 124 112 130 151 156 182 187 208 208 208 94 88 97 127 93 100 156 101 106 164 103 105 1922. January.. February. March.... April May.. June.. See footnote on opposite page. 91 FARM PRODUCTS, WHOLESALE PRICES. Table 52.—NUMERICAL DATA. From Government sources, l [Base year in bold-face type; index numbers on opposite page.] WHEAT FLOUR. YEAE AND MONTH. WHEAT. RYE. cago. 1918 monthly 1919 monthly 1920 monthly 1921 monthly SO. 913 1.041 1.344 1.417 2.321 83.847 4.125 5.612 6.091 10.551 average.. average... 11.9 average-.. j 12.675 average... 8.338 10.304 jj 2.235 10.695 11.579 7.051 OIL. j | 2.563 1 2.600 1 j| 1.467 CATTLE. HOGS. ! Per pound. Per bushel. Per barrel. average... $ 4 , 5 8 4 average...! 5.096 average...' 6.663 average... I 7.264 average... 11.391 COTTON- OATS. CORN. SEED SHEEP. TOBACCO. By Cash, Sum- Steers, Burley, sample, congood No. 2, fair to Cash, tract, mer, good to leaf, cash, good, Chi- grades yellow, choice, Heavy Ewes, Lambs, dark malt- cago. No. 2, prime, corn Chicago. Chicago. Chicago. red, Chiing, cago. fed, New ChiLouisChicago. York. Chicago. ville. cago. No. 1, Stand- Winter north- No. 2, ard red ern patents, straights, spring, winter, Minne- Kansas ChiCity. Chiapolis. cago. I 1913 monthly 1914 monthly 1915 monthly I 1916 monthly 1917 monthly BARLEY. .986 §0.636 $0,625 .768 .615 1.005 1.092 .704 1.307 1.113 .867 1.351 1.871 1.315 2.278 2.209 2.357 2.522 1.437 Per 100 pounds. 180.376 8 0 . 6 2 5 SO.O73 8 8 . 5 0 7 ! 8 8 . 3 6 5 .695 I .066 ! 9.039 I 8.361 .419 .730 .068 l .496 8.702 ; 7.131 .825 '•. .106 9.573 .455 9.615 1.637 ! .154 12.809 .637 15.705 1.940 1.534 1.873 1.214 1.305 1.217 1.263 .635 .775 .700 .796 .387 2.633 2.490 2.500 2.772 1.765 1.568 1.744 2.007 1.493 1.390 1.518 1.656 .855 .833 .901 1.002 84. 687 87. 794 5. 044 8 115 5. 929 9.233 7. 166 10 017 10. 332 16 092 813.202 14.654 13. 789 15.231 22.302 16.424 17.496 14.486 8.764 17.600 11.288 17.325 18.244 9.351 16.125 14.187 8.744 15.904 8.363 3.414 9.994 36.567 32.346 34.182 29.277 1.502 .216 1.450 .196 1.578 | .193 1.706 j .184 15.938 15.094 10.875 19.593 39.000 14.969 14.513 13.063 20.579 38.000 14.400 14.435 13.525 19.400 37.000 13.906 14.806 14.250 20.250 35.000 12.525 j 18.515 7.344 ! 14.969 14.719 6.594 13.300 6.575 1.605 1.597 1.414 .580 .201 .241 .154 .079 1 1920. January.. February. March April | ; 3.100 2.622 11.743 12.212 ! 2.655 12.493 | 3.025 14.443 13.537 13.165 14.281 12.985 j May.... June July.... August. 15.031 13.425 Q OQ1 O O7K 15.031 14.725 12.410 .132 15.381 14.856 12.235 11.643 1.995 1.851 1.548 1.541 .169 13.668 2.895 2.805 2.473 1.095 1.114 .935 .699 13.975 3.006 2.867 2.570 1.725 1.520 1.213 1.085 12.600 12.812 2.173 2.208 2.232 1.963 .195 14.160 .120 15.350 15.130 September. October November.. December.. 12.593 11.693 14.688 14.775 8.400 8.256 .584 .530 .515 .494 16.543 8.943 1.006 .922 .867 .778 15.250 9.295 1.945 1.695 1.577 1.598 .136 10.205 2.491 2.204 2.057 2.012 1.315 11.206 2.481 2.162 1.810 1.770 1921. January February March April 9.625 9.181 8.730 7.950 8.295 7.962 7.993 6.980 1.861 1.688 1.650 1.461 1.961 1.919 1.679 1.386 1.647 1.488 1.446 1.339 .750 .688 .714 .635 .454 .681 .084 .430 .665 .070 .432 .649 .062 .378 .578 .059 May.... June July.... August. 8.745 9.006 8.900 8.120 7.625 7.700 6.895 6.418 1.600 1.531 1.370 1.294 1.568 1.438 1.229 1.237 1.467 1.284 1.222 1.065 .657 .638 .645 .629 .392 .377 .370 .359 .616 .072 .613 .075 .613 .086 .569 .088 September.. October November. December.. 8.318 7.425 7.170 6.881 6.681 6.305 5.900 5.860 1.365 1.298 1.226 1.254 1.276 1.193 1.176 1.177 1.060 .882 .804 .858 .607 .553 .554 .548 .384 .346 .354 .364 .538 .099 .469 .088 1922. January.. February. March April 7.000 7.975 7.813 5.875 6.700 6.781 1.285 1.196 1.382 1.357 .582 .633 .644 .375 .992 1.021 1.400 1.352 .887 I .807 .101 .755 .482 .082 .482 .083 .393 .484 .086 .572 .101 .575 .115 14.575 12.120 12.094 .111 9.538 5.544 5.219 5.150 3.563 9.840 9.312 9.563 8.719 i 9.305 I 9.156 I 9.463 I 8.225 3.450 3.688 4.031 4.406 8.425 8.094 8.406 8.775 8.195 8.125 9.725 9.690 8.375 8.875 8.563 8.219 8.150 8.638 8.731 32.500 32.500 13.388 32.500 12.531 32.500 12.150 32.500 11.581 32.500 10.925 32.500 9.438 32.500 10.031 32.500 10.313 32.500 4.125 2.688 2.906 3.075 11.790 28.750 10.781 27.500 7.950 7.945 6.838 6.744 3.156 2.915 2.750 3.781 8.813 8.490 8.719 10.500 7.765 9.900 10.338 5.260 6.094 7.094 12.170 27.500 14.175 27.500 14.563 27.500 May.. June.. 1 33.500 32.500 From XJ. S. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations. 10.388 27.500 9.740 27.500 27.500 27.500 27.500 27.500 92 LIVE-STOCK MOVEMENT. Table 53.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] CATTLE. HOGS. SHEEP. Shipments. YEAR AND MONTH. Total receipts, STOCKEE AND FEEDER. Shipments. Shipments. Total Total Total Total slaugh- receipts. STOCKER slaugh- receipts. STOCKER ter. ter. TOTAL. AND TOTAL. AND TOTAL. Total ; slaueh- i ter. | FEEDER. FEEDER. Relative to 1919. 1917 monthly average.. 191S monthly average. - 93 102 1919 monthly average. 1920 monthly average.. 1921 monthly average... 100 91 80 87 93 1OO 76 66 January... February. March April 92 72 89 76 79 55 55 5S6 May June— July August.. 87 92 82 96 67 62 50 64 111 108 118 January... February. March..... April May June July August. 84 95 97 109 100 100 91 81 92 80 85 101 100 95 92 86 108 100 81 85 101 100 100 90 56 107 103 71 83 100 61 75 100 74 45 67 84 100 86 78 72 81 100 87 101 1990. 85 67 65 43 61 87 77 75 67 40 30 56 98 67 85 123 67 80 95 104 128 134 100 60 138 183 148 45 135 165 124 59 116 93 96 85 120 103 84 79 67 77 74 15 11 15 18 57 48 57 58 104 89 100 94 87 96 77 78 89 98 71 68 85 82 78 110 26 15 24 70 77 65 64 93 96 104 95 127 55 60 44 47 79 102 109 148 67 78 93 84 116 133 89 73 126 88 35 118 138 87 73 114 124 94 76 36 150 111 90 81 62 65 32 29 25 73 54 56 72 74 142 93 107 82 119 113 142 101 142 111 120 96 142 84 101 75 70 62 58 64 52 24 23 46 82 08 87 94 82 91 114 99 76 08 90 58 36 47 117 110 92 80 113 05 69 62 66 72 00 115 111 132 126 63 121 131 130 73 103 92 106 69 64 75 104 112 63 80 72 50 78 80 117 127 57 68 07 106 80 58 76 73 46 38 54 54 52 67 87 64 83 78 126 107 90 86 58 68 108 76 140 116 106 05 75 77 65 91 49 45 28 81 67 68 55 95 81 88 74 87 89 90 73 71 52 44 23 31 93 112 94 September. October November. December.. 97 76 106 84 90 141 113 56 102 134 112 76 86 94 82 65 71 105 53 55 64 75 66 71 81 72 87 114 97 91 58 1921. September. October November. December.. 1922. January... February. March April 79 69 79 May.. June. See footnote on opposite page. 93 LIVE-STOCK MOVEMENT. Table 54.—KTJMEEICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] CATTLE. HOGS. Shipments. YEAR AND MONTH. Total receipts. STOCKER AND FEEDER. SHEEP. Shipments. Total Total slaugh- receipts. ter. TOTAL. STOCKER AND FEEDER. TOTAL. Shipments. Total Total slaugh- receipts. ter. STOCKER AND FEEDER. TOTAL. Total slaughter. Thousands of animals. 1,904 2,104 2,054 1,866 1,647 382 408 440 336 291 747 850 894 818 717 1,109 1,241 1,141 1,034 922 3,159 3,766 3,737 3,549 3,421 64 81 75 61 42 1,027 1,185 1,194 1,273 1,226 2,157 2,572 2,536 2,272 2,193 1,618 1,869 2,265 1,876 2,008 352 432 578 430 261 January... February. March April 1,881 1,486 1,822 1,561 348 240 241 244 761 602 582 605 1,105 871 1,209 961 5,311 3,467 4,000 3,065 90 85 107 76 1,699 ,321 ,427 ,146 3,593 2,139 2,556 1,902 1,596 1,411 1,308 1,460 May June— July August.. 1,784 1,887 1,678 1,970 295 272 218 783 799 734 992 1,069 940 1,043 4,263 3,709 2,850 2,525 ,397 ,308 ,101 958 2,859 2,421 1,754 1,564 September. October November. December.. 2,294 2,209 2,427 1,392 489 580 553 279 1,087 1,172 1,166 650 1,172 1,049 1,207 785 2,391 2,789 3,872 4,195 935 1,068 1,400 1,520 January... February. March April 1,644 1,190 1,565 1,492 205 166 237 238 465 600 610 995 728 948 892 4,700 4,009 3,382 3,224 May June— July August. 1,541 1,580 1,343 1,867 214 197 122 355 596 608 492 846 923 1,005 844 996 September. October November., December.. 1,901 2,302 1,928 1,415 394 622 497 245 910 1,194 997 682 1,628 1,416 1,622 I 233 243 672 586 632 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average.. 1921 monthly average... 808 1,011 1,210 1,043 942 756 855 1,054 915 1.069 303 140 135 269 520 734 922 812 792 709 1,488 1,640 2,034 2,607 234 227 324 568 818 806 1,029 1,486 706 845 1,002 1,099 1,452 1,726 2,465 2,680 2,896 3,027 2,471 1,566 796 1,059 857 259 1,632 2,001 1,499 710 1,218 978 1,010 891 1,666 1,391 1,261 1,131 3,032 2,604 2,119 2,096 1,792 1,516 1,750 1,677 62 88 107 687 586 693 704 1,101 935 1,053 988 3,573 2,725 2,655 1,038 1,143 918 930 2,270 2,474 1,804 1,722 1,916 1,850 1,775 2,500 153 89 139 404 926 782 771 1,123 1,014 1,093 1,006 1,335 982 1,073 935 740 2,654 3,212 3,687 3,911 947 1,219 1,297 1,765 1,698 1,990 2,370 2,137 2,618 3,013 2,026 1,664 555 731 511 202 1,428 1,668 1,052 881 1,200 1,311 988 804 927 822 994 4,278 3,612 3,411 1,787 1,327 1,181 2,484 2,285 2,246 1,835 1,399 1,465 183 169 143 887 656 677 925 760 780 1920. 1921. 1922. January... February. March April 27 74 May.. June. I i i These figures represent the movement at between 60 and 70 markets; data procured from the U. 8. Department of Agriculture, Bureau of Market* and Crop EttimaUs. 94 MEAT PRODUCTS. Table 55.—INDEX NUMBERS. Based on data from Government sources,1 [Base year in bold-faced type; numerical data on opposite page.] EXPORTS. YEAR AND MONTH. Pork products. • Beef products. « PRODUCTIONINSPECTED SLAUGHTER.* COLD-STORAGE HOLDINGS.* Beef products.6 Pork products." Lamb and mutton. Beef. Relative to 1919. Relative to 1913. Pork. APPARENT CONSUMPTION OF MEAT.s Lamb and mutton. Beef. Pork. WHOLESALE PRICES. Beef (fresh). Good Steer native rounds, Loins, fresh, steers, No. 2, Chicago. Chicago. Chicago. Relative to 1919. Relative to 1913. Pork. Relative to 1913. 1913 mo. 1914 m o . 1915 m o . 1916 m o . 1917 mo. av.. av. av. av. av. 100 100 100 100 100 100 100 94 138 147 132 89 313 236 239 96 106 116 137 96 108 116 98 84 82 64 105 100 107 167 102 95 99 124 100 103 96 109 164 1918 mo. 1919 m o . 1920 m o . 1921 mo. av. av. av.. av., 229 268 156 473 235 143 112 117 120 111 116 70 84 67 78 169 171 163 110 198 212 207 151 January ... February .. March April 167 179 226 107 May... June . . . July. . . August. 164 167 115 September . October.... November . December.. 125 150 157 1921. January ... February .. March April 47 78 67 70 40 53 108 94 66 100 100 100 70 44 97 85 183 324 154 131 121 109 224 151 131 219 124 120 108 97 72 96 121 122 93 69 42 143 112 128 120 182 109 124 90 75 64 62 54 183 204 138 84 65 51 42 121 122 129 123 31 68 51 27 122 111 111 111 120 131 97 80 78 101 104 111 37 33 37 42 107 80 57 30 131 301 582 674 128 127 132 108 197 184 174 144 182 107 93 107 59 60 61 58 65 83 105 107 810 928 705 458 May... June... July.... August. 172 155 209 213 117 97 132 136 51 46 40 36 104 108 110 100 298 189 104 80 September.. October.... November . December.. 212 121 110 130 136 94 74 27 25 27 85 61 45 43 70 7182 1922. January February.. March April 156 168 152 67 91 131 51 60 67 74 77 47 34 34 82 96 153 115 104 129 100 100 93 82 149 155 171 180 178 126 106 101 94 188 86 118 123 179 164 158 161 153 149 145 145 164 183 197 230 49 55 70 75 88 156 154 152 167 151 172 197 197 145 164 211 191 190 187 221 247 70 84 113 137 81 78 72 72 100 94 96 70 173 175 237 55 201 195 185 171 183 165 157 142 271 258 197 139 113 88 109 101 154 138 110 108 84 74 85 79 82 64 83 79 151 111 133 151 134 124 126 127 122 109 115 122 146 130 170 182 101 104 101 118 116 128 110 94 71 75 67 85 77 88 77 92 139 167 160 148 127 124 115 124 120 118 122 122 150 131 150 192 119 125 114 87 99 118 133 93 77 66 169 188 175 123 127 133 127 110 96 87 83 184 162 121 95 172 141 119 112 112 90 97 101 108 114 133 1920. 35 33 31 29 HI 111 96 144 123 May.. June.. See footnotes on opposite page. 72 74 85 74 95 MEAT PRODUCTS. Table 56.—NUMERICAL DATA. From Government sources*1 [Base year in bold-faced type; index numbers on opposite page.] EXPORTS. YEAR AND MONTH. Pork Pork Beef Beef products.3 products.4 products.5 products.6 APPARENT CONSUMPTION PRODUCTIONINSPECTED SLAUGHTER.* COLD-STORAGE HOLDINGS.* Lamb and mutton.' Beef. Pork. OF MBAT.9 Lamb and mutton. Beef. Pork. Thousands of pounds. 1913 mo. av. 82,058 13,625 1914mo. av. 76,826 12,163 42,609 32,105 32,502 1915mo. av. 113,205 1916 mo. av. 120,932 1917mo. av. 108,209 112,462 186,647 609,290 638,684 3,383 4,477 WHOLESALE PRICES.I Beef (fresh). Pork. Good Steer native rounds, Loins, fresh, steers, No. 2, Chicago Chicago Chicago Dollars per pound. 343,402 328,805 364,210 396,865 469,328 482,846 52,389 464,139 51,226 SO. 1 3 0 SO. 1 3 1 S 0 . 1 4 9 .136 .133 .154 521,302 44,125 .129 .124 .143 658,919 43,219 365,063 429,322 .138 .130 .162 428,233 33,645 427,141 321,411 .167 .162 .244 566,370 36,641 465,686 360,829 .221 .221 .295 580,989 43,890 447,129 279,897 .233 .224 .315 538,286 35,255 413,968 416,280 .230 .213 .307 561,297 41,117 365,373 433,965 .163 .145 .225 258,167 856,059 5,580 240,140 912,053 8,413 168,108 104,535 888,375 771,865 15,362 27,222 527,898 451,389 415,434 372,836 30,576 20,520 17,807 29,852 298,864 288,752 260,146 231,937 660,252 874,412 1,015,325 1,101,632 10,290 7,787 5,781 3,517 491,917 382,993 438.177 412,312 877,518 528,252 601,077 433,316 39,406 33,684 32,704 28,316 474,725 394,136 452,564 419,027 526,820 240,331 329,424 344,964 .232 .200 .244 .213 .195 .273 .205 .190 .293 .209 .190 .342 24,937 27,841 18,858 9,348 200,788 157,271 121,652 101,086 1,102,525 1,111,644 1,175,770 1,124,558 2,579 578,870 633,370 469,560 387,451 25,445 28,655 36,632 39,486 440,919 396,977 386,180 391,946 435,730 431,936 426,581 466,523 .195 .190 .283 .223 .215 .278 .255 .276 .328 2,299 417,307 382,245 380,453 381,930 .255 .250 .368 102,472 123.191 129,168 187,127 10,589 13,802 14,204 15,177 89,721 78,055 89,015 100,006 977,7*85 725,699 520,127 270,757 11,021 25,324 48,997 56,702 440,290 434,715 453,689 369.178 335,887 406,316 544,410 663,404 42,395 40,844 37,906 37,586 448,827 419,017 428,474 314,828 485,552 489,236 664,403 153,860 .260 .240 .403 .252 .216 .384 .240 .205 .293 .225 .186 .206 161,694 151,336 143,168 118.192 24,767 14,547 12,627 14,624 142,813 142,891 146,409 138,345 593,299 734,659 957,230 971,520 68,032 78,082 59,304 38,520 387,870 302,992 375,696 347,567 744,128 664,634 531,630 521,521 44,101 38,942 44,643 41,282 367,300 286,107 372,900 351,813 422,389 312,003 371,959 422,812 .174 .160 .218 .160 .143 .193 .163 .150 .253 .165 .160 .270 141,041 15,911 13,192 18,018 18,499 122,100 109,962 96,549 85,638 952,056 981,631 1,005,409 915,691 25,129 345,784 391,687 347,791 406,110 560,758 619,359 529,514 451,662 37,367 39,118 35,040 44,433 345,427 394,484 342,665 410,447 390,181 467,744 447,683 415,121 .165 .158 .223 .160 .155 .195 .149 .160 .223 .160 .160 .285 173,989 18,568 65,943 777,335 5,903 552,504 5,993 .240 64,156 408,312 6,840 .173 .114 .180 106,440 9,420 80,007 396,397 7,520 472,920 525,838 489,336 469,521 .125 10,043 397,223 414,455 370,210 330,245 .164 90,248 45,290 48,486 40,149 34,557 .274 59,611 422,022 480,622 567,622 641,093 .144 12,773 407,349 427,661 392,487 341,040 .160 99,202 .164 .108 .141 127,623 138,055 124,411 9,109 12,404 17,808 84,808 78,295 73,782 69,341 462,637 6,444 693,020 594,090 379,993 329,038 .154 .118 .160 3,914 381,718 336,393 482,083 546,100 393,499 .145 .128 .169 608,747 2,863 .145 .132 .198 675,274 2,872 1918 mo. av. 187,554 1919 mo. av. 219,803 1920mo. av. 128,004 1921 mo. av. 138,308 64,444 32,053 19,545 15,249 January . . February . March . . . . April 136,906 147,138 185,439 87,642 May June July August . . . 134,208 137,366 94,225 67,701 September October . . . November December. 1921. January February March April 1920. May... June . . . July . . . August. September . . . October November... December 1922. January February March April 127,908 171,561 174,917 May.. June. 5,735 4,310 15,877 8,714 6,751 37,515 30,754 T i Exports reported by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; cold-storage holdings from the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates; production of beef and pork from animals slaughtered under Federal inspection reported by the U. S. Department of Agriculture, Bureau of A nimal Industry. Apparent consumption has been computed from the inspected slaughter plus importsless exports and the change in storage holdings. Wholesale 8prices are average for the month from U. S. Department of Labor Bureau of Labor Statistics. Cold-storage holdings are distinctly seasonal. No allowance for this has been made in calculating index numbers. Figures represent storage holdings on the first day of each month. s Includes bacon, ham, shoulders, lard, neutral lard, and canned, fresh, and pickled pork. ^Includes fresh, canned, pickled, and cured beef, and oleo oil and tallow. * Includes beef, frozen, cured, and in process of cure . 6 Includespork, frozen, dry salt, and pickled, both cured and in process of cure, and lard. 7 Frozen lamb and mutton. 8 Total dressed weight slaughtered under Federal inspection, including veal with beef. The slaughter under Federal inspection, according to census figures in 1919, amounted to 68 per cent of the total number of animals slaughtered in the United States in the case of hogs and 82 per cent in the case of beef and 91 per cent for lamb. 9 Includes meat produced under Federal inspection only. 96 DAIRY PRODUCTS. Table 57.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] BUTTER. YEAR AND MONTH. Production. CHEESE. ColdColdColdReceipts storage WholeReceipts storage Whole- Receipts storage sale sale at 5 at 5 at 5 holdings Produc- Exports. Stocks. holdings price, 5 Produc- mark- holdings price, 5 martion. 3 tion. mar(Ameri- mar(case kets. 2 (cream- m a r kets.* kets. 2 can)^ kets.? kets. 8 ery)-6 Relative Relative to 1919. to 1916-20. Relative to 1919. 1916-1920 mo. av. 1913 monthly a v . . 1914 monthly a v . . 1915 monthly a v . . 1916 monthly a v . . 1917 monthly a v . . 1918 monthly a v : . 1919 monthly a v . . 1920 monthly a v . . 1921 monthly a v . . CONDENSED AND EVAPORATED MILK (case goods). EGGS. Relative Relative to 1919. to 1916-20. Relative to 1919. 100 Reletive Relative to 1919. to 1916-20. 100 Relative to 1919. ICE ] CREAM.1 Produc-i tion. Relative to 1920. Relative to 1919. 94 100 111 153 100 92 70 85 100 70 100 86 103 121 93 111 91 112 77 100 76 71 50 65 1OO 48 34 100 79 26 100 99 72 87 1OO 86 83 100 85 90 120 104 104 103 82 95 68 40 22 102 104 110 108 43 47 61 77 68 55 85 53 143 117 92 63 100 94 94 94 42 62 112 157 42 9 1 3 85 81 90 92 63 6.1 71 72 55 48 61 102 42 141 153 114 13 23 93 180 101 92 89 95 122 169 138 107 99 123 124 99 46 36 80 139 91 90 94 85 152 148 106 76 58 139 183 186 111 121 103 81 64 62 39 36 101 97 1C8 109 145 199 223 198 107 90 74 72 91 73 58 57 205 201 181 141 96 96 105 92 79 78 84 72 162 148 131 107 90 87 84 80 68 50 173 144 104 49 71 35 20 21 30 28 24 27 122 140 135 122. 145 1921. January February... March April 77 76 91 111 67 61 78 85 104 74 48 26 85 83 77 74 70 69 78 87 92 67 47 38 94 81 80 85 55 98 166 210 11 1 1 52 24 34 58 86 42 31 40 28 102 80 61 46 42 44 71 95 May June July August.. 160 177 151 151 131 181 135 136 14 38 110 147 53 55 66 76 130 138 102 105 120 133 118 79 36 48 94 111 49 49 60 64 177 130 95 93 133 186 204 206 113 108 81 13 31 24 43 52 80 103 105 415 468 240 171 September. October November. December.. 121 114 95 96 110 95 81 81 164 160 138 116 72 78 76 73 90 81 51 45 91 101 83 69 126 121 116 92 64 69 71 66 77 62 34 45 195 170 119 65 73 74 58 55 54 45 26 31 78 79 77 84 139 67 48 41 74 58 40 29 67 70 90 68 86 164 24 5 26 26 28 35 84 78 94 100 99 118 1OO 86 103 118 105 95 68 64 78 84 60 58 75 57 May June July August.. 120 159 153 125 September. October.... November. December.. 1920. January February... March April 1922. January February...". March April 91 85 62 40 16 41 62 63 63 49 90 67 64 May.. June. See lootnotes on opposite page. 47 43 97 DAIRY PRODUCTS. Table 58.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faoed type; index numbers on opposite page.] CHEESE. BUTTER. YEAR AND MONTH. Produc- tion. CONDENSED AND EVAPORATED MILK (case goods). EGGS. ColdCold- WholeColdReceipts storage Whole- Receipts storage Receipts storage sale sale at 5 holdings price, Produc- at 5 holdings price, at 5 holdings Produc- Exports. Stocks. martion. marmarmar* tion.3 mar- kets.2 (case kets.* (Ameri- 5kets.* kets.* (cream- 5kets.' can)^ eggs).« ery)/ Thousands of pounds. 1916-1020 mo. a v . . 1913 monthly a v . J 1914 monthlyav.. ; 1915 monthly av.J 191ft monthly av.. i Per pound. Thousands of pounds. Per 4 pound. Thousands of cases. 37,178 56,364 Thousands of pounds. 25,850 3,118 39,269 47,445 53,939 50,305 66,410 $ 0 , 5 9 3 59,341 .586 .429 53,491 13,814 14,719 1,188 1,027 1,229 4,472 3,413 4,089 3,355 4,132 110,639 143,956 109,427 102,116 49,044 46,355 56,303 60,622 27,693 26,486 34,489 26,293 53,737 38,359 22,568 12,555 .615 .654 .640 11,071 12,051 15,780 19,945 10,996 8,949 13,862 8,620 53,168 43,631 34,039 23,431 .311 .293 .292 .293 497 738 1,335 1,870 1,542 342 29 122 86,845 114,695 110,844 90,669 40,475 64,828 70,080 52,342 7,554 12,872 52,526 101,455 .60 .546 .53 .563 31,521 43,432 35,540 27,595 16,079 20,022 20,147 16,071 16,963 13,502 29,654 51,512 .281 .278 .29 .264 1,807 1,759 1,259 906 September. October November. December.. 77,106 65,129 53,570 52,395 41,966 33,611 26,643 26,326 115,558 113,385 101,778 79,750 .567 .57 .62 .528 23,785 20,593 13,559 10,637 12,831 12,767 13,727 11,703 60,372 55,007 48,566 39,921 .279 .269 .261 .249 1921. January February... March April 55,442 54,876 65,596 80,363 30,939 27,996 35,593 38,841 58,682 41,486 27,103 14,732 .502 .493 .455 .441 13,741 12,744 17,526 22,984 11,387 11,274 12,675 14,145 34,115 25,000 17,477 14,294 116,053 127,941 109,288 108,897 60,208 82,882 61,786 62,337 7,712 21,682 61,991 82,838 .316 .324 .392 .448 33,492 35,564 26,342 26,963 19,567 21,619 19,180 12,863 87,634 82,785 68,604 69,104 50,546 43,785 37,282 37,172 92,396 90,123 78,014 65,138 .425 .461 .451 .435 23,071 20,969 13,216 11,547 41,697 38,894 44,919 48,411 35,042 22,557 9,024 .365 .375 .371 () * 1920. January February... March April May.... June.... July.... August. May.... June.... July.... August. September. October November. December.. 1922. January February... March April 45,871 Thousands of gallons. 1,377 1,904 6,307 18,307 44,679 38,552 38,664 38,147 30,585 22,338 25,771 22,134 21,513 Production. 3,689 51,825 1917 monthly av.J 1918 monthly av.. | 68,181 1919 monthly av.. 72,344 1920 monthly av.. 71,965 1921 monthly a v . . 85,549 ICE CREAM. 35,705 45,928 34,252 24,140 224,689 177,066 10,470 11,098 12,358 17,021 122,925 116,565 128,940 132,023 44,923 42,999 50,180 51,504 122,917 106,986 136,530 228,824 4,630 5,181 7,547 9,932 2,135 5,143 6,747 6,872 159,309 174,675 148,857 116,777 45,777 44,401 27,669 25,603 226,381 217,123 243,571 245,915 16,118 22,078 24,740 21,977 811 589 391 360 6,372 5,295 1,824 102,638 51,159 29,098 30,159 21,342 20,147 17,207 19,268 275,156 315,380 302,800 274,681 16,107 9,823 5,391 4,774 .293 .251 .250 .263 648 1,168 1,977 2,498 408 43 43 1,926 34,803 48,330 82,924 123,159 30,192 21,830 28,194 20,221 229,386 180,744 135,966 102,391 4,674 4,881 7,922 10,534 13,466 17,814 34,948 41,284 .152 .153 .185 .20 2,101 1,539 1,129 1,100 4,909 6,844 7,534 7,605 162,653 156,876 116,127 127,167 9,186 21,700 17,338 30,360 116,557 179,746 232,374 235,053 46,016 51,966 26,624 18,986 14,841 16,382 13,455 11,237 46,706 44,842 43,015 34,062 .20 .214 .220 .206 919 732 399 538 7,207 6,275 4,387 2,402 104,958 106,134 84,072 78,813 38,061 32,232 18,126 22,238 174,242 177,672 172,170 188,498 15,425 7,417 5,277 4,526 10,684 11,319 14,586 27,691 21,430 14,953 10,731 .209 .208 .199 805 1,026 1,947 18,352 19,951 25,006 189,227 176,332 154,563 16,281 90.310 .280 .216 179 13 949 71,072 May.. June. I i Import and export statistics from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce: all other data from V. S. Department of Agriculture, Bureau of Markets and Crop Estimates. * Boston, New York, Philadelphia, Chicago, and San Francisco. Total of weekly figures with first and last weeks of month prorated. 8 Includes whole milk, part skim and full skim. * One case of eggs equals 30 dozen, or about 45 pounds net. 6 Production compiled by months but issued quarterly; figures not available at time of going to press. * Holdings on first day of month. 7 Average of weekly prices of creamery butter, 92 score, at Boston, New York, Philadelphia, Chicago, and San Francisco. 8 Average of weekly prices of American cheese, No. 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco. 100797°—22 7 98 CROP PRODUCTION. Table 59.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Baaed on data from Government sources.1 (Base year in bold-faoed type.] WHEAT. CORN. Winter. Spring. OATS. Total. BABLEY. BYE. TOTAL BREAD GRAINS. RICE. POTA- APPLES TOES. (total). HAY, TAME. YEAR. Relative to 5-year average, 1909-13. A.—INDEX NUMBERS. 1OO 155 153 109 1OO 84 144 64 1OO 119 149 93 1OO 99 111 95 100 101 137 111 1OO 107 126 100 100 123 155 140 100 104 123 99 1OO 99 121 171 100 115 101 80 100 143 130 110 100 106 130 138 1917 1918 1919 1920 1921 94 128 172 138 133 91 145 85 91 85 93 134 141 121 116 113 92 104 119 114 141 136 105 132 94 116 141 81 104 83 180 261 216 173 166 117 112 110 122 108 145 161 175 216 166 124 115 91 113 97 94 96 81 127 55 126 116 131 133 124 1921. June estimate Julv fistimatp. August estimate 131 130 123 103 96 87 121 118 110 115 112 124 117 101 105 101 94 203 200 184 8 118 116 109 140 140 106 89 61 58 62 129 124 124 September estimate October estimate November estimate December estimate 123 123 123 133 86 80 80 85 110 108 108 116 118 117 116 114 96 95 95 94 92 90 90 83 184 184 184 166 111 110 110 108 137 138 138 166 91 97 100 97 61 62 58 55 121 121 143 124 1909-1913 average 1914 1915 1916 1922. Auimst estimate Thousands of tons. Thousands of bushels. B.—NUMERICAL DATA. 1909-1913 average 1914 1915 1916 4 4 1 , 6 0 2 2 4 5 , 0 5 9 6 8 6 , 6 9 7 2,708,334 1,131,175 1 8 1 , 8 8 6 3 4 , 9 1 6 4 , 7 4 3 , 0 0 8 4,942,613 891,017 2,672,804 1,141,060 684,990 206,027 194,953 42,779 5,852,525 2,994,763 1,549,030 351,854 1,025,801 228,851 673,947 54,050 4,686,253 1,251,837 636,318 2,566,927 480,553 155,765 182,309 48,862 1917 1918 1919 1920 1921 23,926 356,627 176,482 65,987 409,921 252,200 23,649 70,071 359,721 85,920 28,947 230,011 286,953 40,861 91 192 193,905 412,901 565,099 760,677 610,597 587,032 223,754 356,339 207,602 222,430 207,861 636,655 921,438 968,279 833,027 794,893 3,065,233 2,502,665 2,816,318 3,230,532 3,081,251 1,592,740 1,538,124 1,184,030 1,496,281 1,060,737 211,759 256,225 147,608 189,332 151,181 62,933 91 041 75,542 60,490 57,918 5,569,320 5 309,493 5,191,777 5,809,662 5,145,980 34,739 38,606 41,985 51,692 39,653 442,108 411,860 322,867 403,296 346,823 166,749 169,625 142,086 223,677 96,881 83,308 76,660 86,359 87,855 81,567 August estimate 578,342 573,930 543,879 251,289 235,482 212,946 829,631 809,412 756,825 3,123,139 3,022,170 1,404,922 1,328,937 1,137,202 190,661 184,288 170,511 71,011 » 5,619,225 6,515,000 69,956 5,161,008 64,332 33,603 33,480 376,977 315,918 107,607 102,190 109,453 85,200 81,695 81,604 September estimate October estimate November estimate December estimate 543,879 543,879 543,879 587,032 209,979 196,776 196,776 207,861 753,858 740,655 740,665 794,893 3,185,876 3,163,063 3,151,698 3,081,251 1,090,282 1,078,519 1,078,515 1,060,737 166,906 163,399 163,399 151,181 64,332 64,332 64,332 57,918 5,261,254 5,209,968 5,198,603 5,145,980 32,661 33,020 33,020 39,653 322,985 345,845 356,076 346,823 109,166 109,710 102,290 96,881 79,808 79,808 94,619 81,567 1921. June estimate 1922. June estimate July estimate A ugnst pstiTnat« ! I i 1 1 ! Yearly figures represent the latest revised estimates of total production for the year as reported by the U. S. Department of Agriculture, Bureau of Markets arid Crop Estimates. * Junefiguresfor total grains include corn as estimated on July 1. 99 FRUITS, VEGETABLES, AND FISH. Table 60.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.) CIT- WHITE ONRUS 2 POTA- IONS. FRUIT TOES. APPLES. YEAR AND MONTH. Coldstorage holdIngs.* FISH. APPLES. Car-lot shipments. ColdTotal storage catch. holdings.* Thousands of barrels. Number of carloads. Thousands of pounds. A.—INDEX NUMBERS. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. B.-NUMERICAL DATA. 5 78 106 91 108 100 76 80 75 92 100 111 94 1OO 97 139 119 105 1OO 124 109 102 70 84 100 63 FISH. Cold- ColdTotal storage storage catch* hold- holdings.' ings.3 Car-lot shipments. Relative to 1919. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. CIT- WHITE RUS POTA- ONFRUIT* TOES. IONS. 582 98 92 1,839 1,587 6,950 4,754 1,865 11,397 12,055 1,304 1,596 90 78 101 1OO 73 72 1,735 3,946 2,802 5,737 6,796 8,580 7,739 3,417 5,398 5,975 7,516 14,105 15,005 14,627 17,870 1,835 1,740 2,163 1,905 107 100 5 13,518 5 13,549 5 14,300 16,936 15,999 18,549 62,501 17,358 6 1 , 7 6 4 15,675 45,296 13,608 44,268 227 161 126 114 319 318 182 85 65 65 64 33 141 143 166 116 83 56 80 53 79 67 57 111 65 61 100 76 100 78 48 33 5,529 5,524 3,162 1,479 4,393 4,419 4,378 2,229 7,629 7,704 8,971 6,268 12,525 8,474 12,057 7,949 1,368 1,159 999 1,938 11,206 10,534 17,361 13,260 61,499 47,963 29,380 20,570 46 12 19 4 27 57 152 94 67 45 45 98 104 91 244 35 59 110 102 135 101 107 33 45 58 76 806 213 1,276 262 1,855 3,861 8,216 5,095 3,637 2,431 6,797 14,758 15,621 13,583 4,242 607 1,030 1,918 17,763 23,356 17,446 18,659 20,284 27,731 35,793 47,073 31 240 391 162 549 340 131 34 58 143 168 120 208 166 64 211 282 168 68 94 101 73 90 104 110 106 544 4,162 6,787 11,043 37,284 23,087 8,875 1,811 3,147 7,708 9,084 18,058 31,233 24,852 9,612 3,675 4,910 2,918 1,186 16,267 17,612 12,715 11,915 55,602 64,438 67,828 65,387 368 272 210 127 99 84 41 183 172 208 200 92 79 107 117 102 99 144 6,384 4,718 3,650 2,210 6,046 6,698 5,695 2,816 9,903 9,289 11,239 10,772 13,871 11,884 16,058 14,732 2,038 1,769 1,724 2,504 11,869 14,806 14,059 10,048 48,320 42,116 33,411 28,444 22 6 17 50 162 143 94 67 117 114 107 147 47 85 117 1,125 445 1,476 404 1,167 3,386 8,720 7,746 5,063 3,611 14,818 17,629 17,033 16,027 2,559 824 1,481 2,042 11,920 17,505 14,983 17,267 25,803 32,311 40,293 47,462 188 480 206 85 68 93 112 169 170 277 104 65 185 142 68 60 12,745 32,653 14,023 5,760 3,661 5,012 6,044 9,126 25,471 41,514 15,617 9,790 3,219 2,466 1,182 1,054 14,870 16,667 10,235 9,065 54,591 58,242 61,149 59,074 158 124 155 103 91 139 4,055 4,731 2,904 8,513 6,684 8,371 15,399 13,596 20,799 1,672 951 662 13,539 48,320 21,472 37,621 18,623 | 25,474 17,479 1920. January... February.. March April May.... June... July.... August. September.. October.... November.. December.. 1921. January... February.. March April May.... June... July August. 65 26 September.. October.... November.. December.. 46 207 101 86 792 3,597 2,354 1922. January.. February. March April 313 249 178 111 78 124 107 5,429 4,313 3,090 1,931 May.. June. 1 Data compiled by U. S. Department of Agriculture, Bureau of Markets and Crop Estimates, except fish catch representing landings from vessels at Boston and Gloucester, Mass., Portland, Me., and Seattle, Wash., compiled by U. S. Department of Commerce, Bureau of Fisheries. 2 Oranges, lemons, and grapefruit. 3 As of 1st of the month. 4 As of 15th of the month. s Excluding Portland and Seattle. 100 RICE. Table 61.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from Government and non-Government sources.1 [Base year in bold-faced type.J SHIPMENT^. RECEIPTS AT MILLS. YEAR AND MONTH. Total from mills. New Orleans. STOCKS, EXD OF MONTH. Domestic at Foreign j mills in ware-1 and house. I; dealers. STOCKS, END OF MONTH. SHIPMENTS. IM- RECEIPTS EXPORTS. AT MILLS. Total from mills. Barrels of 162 pounds.2 Relative to 1919. New Orleans. Domestic at Foreign mills in wareand house. dealers. IMPORTS EXPORTS, In pockets of 100 pounds. B.—NUMERICAL*!) ATA. A.—INDEX NUMBERS. 1913 monthly a v . . 67 141 7 169,718 191,510 23,004 ^1914 monthly a v . . 80 142 13 203,340 193,597 41,904 1915 monthly a v . . 77 78 77 156 18 468,036 479,349 196,238 757,281 1916 monthly a v . . 105 107 101 126 92 132 35 640,627 652,912 258,484 1,021,642 237,759 1917 monthly a v . . 97 105 108 108 111 163 55 591,159 642,918 275,513 872,667 285,396 222,059 172,990 1918 monthly a v . . 104 114 109 84 168 328 45 633,910 699,754 278,758 682,788 432,807 446,741 139,944 254,825 ,811,658 257,359 1919 monthly a v . . 100 100 100 100 100 100 212,140 56,327 179,760 •'109,114 609,477 611,661 136,090 314,063 1920 monthly a v . . 105 91 87 159 104 81 104 639,610 554,723 222,175 1,287,057 268,712 109,706 327,177 1921 monthly a v . . 131 157 125 159 48 47 159 796,277 957,589 318,147 1,291,023 123,070 63,532 500,049 590,799 100 1920. 150 150 156 196 61 48 188 912,399 915,569 398,180 1,592,651 156,811 65,304 February... 60 50 46 212 56 69 Ity 367,964 306,293 116,809 1,721,313 144,009 93,461 564,228 March 45 85 68 183 66 79 198 276,701 518,493 174,021 1,483,033 168,694 107,325 622,605 April 37 111 122 128 122 188 128 225,635 680,330 311,092 1,036,632 314,299 257,006* 401,290 January May.... 20 56 39 111 117 145 94 122,069 341,603 100,345 899,706 301,931 197,889 296,419 June 24 61 58 83 133 114 44 146,636 371,266 148,511 676,558 343,187 155,068 138,395 July.... 10 35 37 65 122 91 57 58,825 213,736 93,398 526,201 .313,514 123,808 178,181 August. 46 40 51 66 156 130 33 280,511 241,766 130,575 533,726 400,610 176,749 103,226 September. 107 100 100 92 145 42 15 651,263 610,134 255,704 747,693 373,096 57,196 46,000 October.... 220 157 149 119 108 13 39 1,343,683 963,263 379,388 965,953 278,219 17,848 122,656 November.. 367 147 129 288 94 23 107 2,234,281 900,793 329,539 2,338,517 240,874 31,442 336,763 December.: 173 97 90 360 74 25 167 1,055,358 593,424 228,537 2,922,698 189,305 33,378 525,564 106 183 138 299 57 43 127 647,457 1,121,878 351,341 2,430,782 145,893 58,242 399,020 78 198 145 239 53 36 124 472,774 1,210,239 370,537 1,935,844 136,722 49,298 390,326 March 135 170 147 197 49 34 145 825,360 1,037,009 374,494 1,600,937 126,950 46,417 455,792 April 160 169 136 196 42 56 188 973,141 1,036,690 347,113 1,593,049 108,139 76,162 589,076 May.... 524,253 1921. January February... 188 232 151 184 46 56 167 1,144,416 1,420,264 384,232 1,493,210 117,425 76,182 June 72 129 120 130 55 69 235 439,510 787,^44 305,436 1,059,100 141,692 94,001 737,697 July.... 63 137 130 79 35 14 201 385,328 839,608 331,005 640,711 90,049 19,182 632,650 August. 161 149 150 86 41 52 197 980,719 910,458 382,944 696,742 105,255 71,016' 619,817 September. 126 123 107 85 28 19 174 767,628 752,036 271,444 686,344 71,272 25,201 545,767 October 193 142 81 119 63 86 129 1,177,836 871,375 205,417 968,175 162,187 117,191 406,029 November.. 140 122 85 139 55 45 109 855,773 744,597 215,978 1,128,925 140,779 60,589 340,996 December.. 145 124 109 155 51 51 114 885,383 759,564 277,821 1,258,454 130,482 68,901 359,166 236,723 1922. January 159 141 73 185 57 63 75 966,825 862,554 185,931 1,505,521 147,276 86,395 February.... 163 167 131 204 61 39 128 992,952 1,020,375 333,436 1,653,294 155,881 53,447 400,867 March 214 196 166 190 38 31 213 1,301,984 1,198,126 423,044 1,540,545 97,920 42,752. 669,032 April May. June. 1 Receipts, shipments and stocks at mills from Rice Millers' Association, comprising movement of the whole rice crop except California rice. Shipments of rice through New Orleans compiled by New Orleans Board of Trade. Stocks of foreign rice in warehouses and imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, data for rough rice being reduced to the equivalent clean rice at 162 pounds of rough to 100 pounds of clean. 2 Rough rice barrels of 162 pounds are equivalent to clean rice pockets of 100 pounds each. 101 SUGAR. Table 62.—(A.) INDEX NUMBERS AND (B.) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] SUGAR. SUGAR. Wholesale price. ExRetail Stocks, ports, refined, Raw, Granu- index', raw. Melt2 at refin- includlated, 96° ings. 51 ing eries.* centrifin maple. ugal, bbls., cities. N. Y. N. Y. Relative to 1913. YEAR AND MONTH. Receipts, Im- Louisiana ports, raw. crop at New Orleans. Relative Relative to 1919. to 19091913. Imports, raw. Receipts, Louisiana crop at New Orleans. Long tons. Relative to 1913. A.-INDEX NUMBERS. 1909-1913 monthly av. 1913 monthly av 1914 monthly av 1915 monthly av 1916 monthly a v . . . . Meltings.2 Wholesale price. ExStocks, ports, refined, Raw, Granuraw, lated, at refin- includ- 96° in ing centriferies.2 maple. ugal, bbls., N. Y. N. Y. Per pound. B.—NUMERICAL DATA. 100 100 15 1 12 1 17 1 1917 monthly av.. 1918 monthly av.. 1919monthly av.. 1920 monthly av.. 1921 monthly av.. 105 109 149 170 131 59 45 50 29 54 1920. January February March April 2,953 492 1,214 1,992 100 62 53 87 100 100 133 165 1OO 110 130 161 1OO 175,664 16,184 108 | 201,437 10,109 196,569 8,501 120 146 205,716 14,050 14,524 35,838 58,812 79 100 104 92 85 1OO 110 157 1,274 513 1,859 1,164 1,176 179 183 215 372 137 181 182 209 297 144 176 205 353 146 183,802 192,219 261,149 298,685 229,266 9,545 7,286 257,174 I 81,311 8,154 325,233 95,428 4,704 338,430 105,357 8,812 299,891 I 150,022 135 206 236 187 75 106 138 135 44 94 146 116 1,821 1,642 1,843 3,092 371 325 339 504 360 350 321 449 324 342 340 367 237,097 361,310 414,731 328,350 2,026 776 281 578 May June July.... August.. 165 251 265 219 127 142 147 126 80 121 154 183 2,080 1,080 853 144 598 562 502 497 447 391 462 485 482 416 440,423 465,374 385,361 September. October November. December.. 111 69 110 90 78 55 69 51 105 88 90 104 317 1 112 207 467 305 238 193 151 334 253 225 190 253 235 191 1921. January February March April..... 65 151 213 219 26 8 10 8 40 80 133 107 110 120 181 258 593 387 441 153 151 173 155 177 166 184 170 May.... June July August.. 166 95 70 145 4 6 27 25 104 92 95 127 276 264 167 140 2,039 2,067 2,272 2,012 140 120 127 134 September. October November. December.. 80 92 118 100 13 50 231 245 81 85 82 78 144 75 86 65 1,206 585 573 1,077 90 128 165 90 172 287 2,159 2,045 3,673 1922. January February March April 179 255 90.035 $ 0 , 0 4 3 .047 .038 .047 .056 .058 .069 37,602 15,152 54,891 34,371 34,739 .063 .064 .075 .130 .048 .077 .078 .089 .126 .062 243,445 42,164 345,494 89,874 448,767 138,968 437,669 110,326 53,767 48,471 54,408 91,301 .130 .119 .179 .177 .154 .149 .137 .192 281 230 210 6 413,726 460,982 477,928 409,450 76,663 115,781 147,137 174,625 61,403 31,876 25,200 4,252 .209 197 176 .134 .225 • 212 191 .167 195,187 121,100 193,273 158,121 28 194 18,104 33,546 253,146 178,454 225,356 166,746 99,937 84,290 85,527 98,996 9,374 8,505 10,113 13,780 .107 .083 .068 .053 143 108 .096 .081 176 182 176 176 113,618 265,898 374,090 385,079 4,279 1,248 1,604 1,224 130,610 261,686 433,186 347,499 105,275 114,476 172,679 245,904 25,583 17,503 11,428 13,022 054 .053 .061 .054 .076 .071 .078 .073 148 133 128 137 153 142 129 136 381,651 166,017 123,782 254,931 671 1,035 4,400 4,029 339,850 298,372 309,800 414,545 251,827 159,415 133,421 60,197 61,040 67,096 59,400 .049 .047 .044 .047 .063 .057 .055 .058 123 119 117 106 131 122 | 121 | 117 133 125 122 118 141,103 161,695 206,865 176,462 2,063 8,125 37,394 39,675 262,817 277,910 268,283 254,135 137,390 71,664 82,253 62,419 35,617 17,261 16,908 31,817 .043 .042 .041 .037 .056 .052 .052 .050 104 107 112 112 115 121 113 116 118 314,939 448,321 571,836 8,039 2,895 291,601 415,723 535,357 85,602 163,817 273,811 63,765 60,390 108,468 .036 .038 .039 .048 .049 .052 MayJune. 1 With the exception of receipts, stocks, and meltings reported by the Statistical Sugar Trade Journal. The sources of the other data are: Imports and exports from U.S. Department of Commerce, bureau of Foreign and Domestic Commerce; Wholesale and retail sugar prices, from U. S. Department of Labor, Bureau of Labor Statistics. 2 Figures include reports from seven ports: Boston, New York, Philadelphia, Savannah, New Orleans, Galveston, and San Francisco. Meltings are calculated from weekly reports, the odd days being prorated. Stocks represent the amount of raw sugar in the hands of refiners on the dates nearest the end of the month as reported for each port. * Index number less than 1. 102 COFFEE AND TEA. Table 63.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non-Government sources.1 [Base year in bold-faced type.] COFFEE. TEA. Clearances from Brazil. Receipts in To WOBLD UNITED Brazil.* Y E A B AND MONTH. TOTAL.8 UNITED TOTAL. STATES. COFFEE. Imports into U.S. Imports into U.S. WORLD STATES.* Relative to 5-year average. Relative to 1913. UNITED STATES. 1918 monthly a v . . . 1919 monthly a v . . . 1920 monthly a v . . . 1921 monthly a v . . . 1920. January..... February March April May.... June July.... August. September.. October November.. December.. 1921. January February.... March April May.... June July.... August. September.. October November.. December.. 61 63 66 75 100 84 104 139 103 61 1OO 121 112 131 106 TOTAL. 3 Imports into U.S. . To UNITED STATES. 4 Imports into U.S. Thousands of pounds. B.—NUMERICAL DATA. 100 1913 monthly a v . . . 100 1914 monthly a v . . . 99 1915 monthly a v . . . 80 1916 monthly a v . . . 78 1917 monthly a v . . . 72 Receipts in Brazil.' Thousands of bags.5 A.—INDEX NUMBERS. 1909-1913mo.av... Clearances from Brazil. Visible supply. 8 Visible supply.* TEA. 75,659 100 8,241 99 107 107 128 11,797 11,679 9,441 9,200 8,493 1,894 1,593 1,689 1,970 2,633 955 1,151 1,072 1,249 1,009 990 1,207 1,103 1,261 1,014 393 491 474 544 610 102,438 121 147 143 148 134 82 92 77 7,187 7,425 7,770 8,891 1,960 1,162 1,691 1,686 1,261 762 558 1,064 813 831 891 1,003 536 359 637 513 91,788 111, 130 108,118 111,956 11,044 458 834 367 116,032 10,253 405 748 579 93,129 7,810 397 1,296 746 131,923 7,384 323 883 324 151,501 5,374 339 739 525 75,350 4,776 448 841 542 123,506 8,546 100 100 122 111 127 102 125 121 138 155 111 135 129 142 132 80 58 Ul 84 90 101 136 91 162 131 84,256 97,241 107,209 8,151 8,842 8,814 10,566 6,747 7,567 6,374 48 84 93 153 124 6,598 55 70 42 76 147 123 95 6,472 77 74 42 131 190 151 90 72 79 34 82 200 65 8,484 1,571 1,331 1,396 1,503 67 95 75 134 100 58 62 79 47 85 138 163 104 59 90 93 73 130 176 122 7,881 7,272 6,910 7,033 1,792 1,494 1,699 1,823 891 723 510 133,143 10,080 1,398 1,026 619 130,636 10,002 7,773 8,297 8,379 8,716 1,936 2,026 2,025 1,696 1,365 1,429 1,436 1,397 1,286 96,661 8,441 7,929 6,015 4,198 9,002 8,902 8,992 8,842 1,619 1,647 1,901 2,046 1,148 8,720 8,639 9,034 2,058 2,037 1,747 1,710 9,032 8,920 8,867 9,076 1,685 1,306 1,175 1,298 1,156 1,121 1,055 1,171 9,263 9,234 9,404 9,185 1,616 1,387 1,453 1,195 1,064 1,009 913 59 96 146 104 158 173 121 102 143 130 155 128 102 70 107 150 101 74 128 96 71 107 150 103 118 100 73 74 90 146 94 172 96 51 60 76 86 120 100 151 147 75 87 83 109 173 172 33 76 100 90 117 181 187 65 75 108 108 97 128 215 57 75 109 104 73 55 163 53 74 108 113 78 88 101 62 73 92 121 99 98 111 62 77 90 127 101 79 125 95 77 89 121 123 131 84 102 76 69 117 107 171 103 112 75 62 110 116 199 165 112 123 96 110 202 135 77 1,002 290 97,127 1,017 465 75,654 930 677 72,752 594 110,956 790 1,076 680 130,413 857 1,154 712 141,729 1,032 964 503 162,397 994 727 218 123,191 1,079 776 345 76,762 1,154 975 386 83,703 310 94,897 1,218 514 63,546 1,060 673 78,174 1,145 783 124,955 952 433 152,776 1,259 499 119,353 968 327 106,847 1,159 464 96,132 1,216 3,247 2,711 5,387 4,711 4,383 5,094 5,080 7,844 8,391 9,220 9,258 11,162 1922. January 79 85 111 127 127 158 February 78 73 106 98 83 141 March 80 77 96 117 118 127 April 78 6,966 5,030 6,617 May.. June.. I i Data on coffee except imports received from the New York Coffee and Sugar Exchange,Inc.; Imports of coffee and tea from the Department of Commerce, Bureau of Foreign and Domestic Commerce. * Represents total receipts at Rio and Santos. 8 Represents total clearances from Rio, Santos, and Victoria. * Represents total clearances from Rio, Santos, Victoria, and Bahia. * A bag of coffee averages 132 pounds. * Given as of the 1st day of the month. 103 TOBACCO. Table 64.—(A) INDEX NTJMBEES A1TO (B) NTJMERICAL DATA. Based on data from Government sources.1 [ Base-year in bold-faced type. ] PRODUCTION (tax-paid withdrawals). STOCKS.' YEAR AND MONTH. Chewing, Total, smoking, Cigar including imsnuff, types. ported and types, export types. ManuUnTofactured Large Small bacco manciga- (crop ufactobac- cigars, rettes.* esti- tured co and mate).5 leaf. snuff.? Chewing, smoking, snuff, and export types. Relative to Relative to 1913. ManufacTotal, Cigar including tured Large Small cigatypes. imported tobac- cigars.- rettes.4 types, co and snuff.3 Thousands of pounds. 1909-13. A.—INDEX NUMBERS. 5yr.av.(l909-13) 1913 mo. av 100 1914 mo. av 103 1915 mo. av 113 1916 mo. av 105 1917 mo. av 1918 mo. av 1919 mo. av 1920 mo. av 1921 mo. av 100 11 0 109 85 Thousands. Tobacco (crop estimate)^ Unmanufactured leaf. Thousands of pounds. B.—NUMERICAL DATA. 100 100 4 i PRODUCTION (tax-paid withdrawals). STOCKS.' 100 996,176 31,417 810,469 1OO 99 100 105 100 100 95 87 93 108 115 163 104 107 116 92 114 126 125 144 147 159 112 369,802 1,234,013 36,990 630,959 1,296,308 344,971 361,114 313,142 1,244,524 36,745 597,849 1,404,636 1,034,679 1,343,396 36,863 549,932 1,497,029 1,062,237 1,225,555 38,847 586,844 2,107,525 1,153,278 67 107 203 124 137 889,484 277,846 283,495 1,018,253 296,095 1,001,387 323,643 1,199,209 340,656 1,217,963 40,248 629,991 2,944,272 1,249,276 970,465 1,073,084 41,423 587,796 3,888,075 1,439,071 1,381,713 35,339 589,363 4,426,649 1,465,481 1,408,311 33,324 661,418 3,718,526 1,582,225 1,621,288 32,208 566,478 4,236,256 1,117,682 962,807 | 283,304 1,318,131 37,035 110 120 126 124 148 75 77 80 88 92 99 87 112 114 131 109 112 96 90 87 100 93 93 105 90 227 300 341 287 327 119 77 107 100 105 349 149 95 94 273 835,462 915,451 853,156 127 28,827 35,877 39,784 21,186 33,656 63,826 38,946 42,946 1920. January February.. March April May.... June July.... August. September.. October November.. December.. 1921. January February.. March April May.... June July.... August. 114 103 107 305 106 112 315 89 93 108 236 151 134 107 275 155 130 108 274 156 119 81 112 296 148 125 106 80 117 148 159 301 318 96 147 293 135 319 93 97 149 133 145 138 345 87 84 85 152 326 94 169 396 89 85 j 97 370 95 101 377 100 138 98 326 102 112 May.. June. i 297,472 1,446,914 1,363,499 367,854 1,818,781 38,450 676,228 37,197 708,112 34,239 678,752 34,842 672,020 3,953,345 4,088,835 3,053,337 3,569,397 1,500,800 1,544,489 33,303 28,041 42,067 40,958 35,250 30,075 20,150 17,683 678,640 704,799 506,126 3,557,482 3,840,335 3,529,200 2,816,818 1,553,812 1,478,788 1,476,444 1,582,225 37,261 39,394 26,628 45,391 27,153 30,007 35,478 31,056 462,798 496,724 561,344 584,103 3,901,660 4,119,377 4,470,292 3,801,672 46,852 41,735 45,445 43,320 31,351 34,539 32,018 36,873 558,479 618,495 564,598 622,039 4,136,085 4,219,727 4,161,218 5,130,577 932,157 889,266 40,220 47,328 53,156 52,815 948,324 991,564 1,020,874 1,117,682 33,009 43,465 29,236 38,772 1,235,156 359,095 1,672,017 1,136,484 338,202 1,547,440 34,803 614,428 37,414 635,808 30,772 615,251 25,035 463,664 4,791,398 4,877,826 4,229,402 2,995,935 1,174,808 313,316 3,705,516 3,125,819 3,636,032 401,633 1,561,848 j 34,215 443,261 32,456 447,226 | 38,120 529,162 j 1,784,551 | ; 124 70 127 103 145 i 241 82 84 103 109 1,271,525 1,061,696 93 231 71 161 331,849 105 101 73 145 849,199 1,452,962 168 83 125 46,750 39,764 45,411 42,386 1,303,255 99 94 91 1,013,719 1,590,625 128 151 321 87 100 140 328,725 144 73 1,179,823 85 217 81 131 272 48 September . October November.. December.. 1922. January... February.. March April 90 135 54 118 145 291 95 105 95 337 105 94 125 119 101 129 102 104 146 633,634 4,528,761 593,832 3,536,118 42,127 753,240 4,373,779 37,811 663,578 3,774,900 35,034 280 105 32,265 25,635 32,967 T i Stocks held by manufacturers and dealers reported by the U. S. Department of Commerce, Bureau of the Census; Production of manufactured tobacco and snuff, cigars and cigarettes by the U.S. Treasury Department, Bureau of Internal Revenue; Crop production by the U.S. Department of Agriculture, Bureau of Markets and Crop Estimates Exports of leaf tobacco by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. J Held by manufacturers and dealers on first day of each quarter. Yearlyfiguresare quarterly averages. Represents the total of plug, twist,fine-cut,smoking tobacco, and snuff. The Internal Revenue reports the number of large cigars, i. e., those weighing over three pounds per thousand, and the number of small cigars weighing less than the above amount. Likewise they report the number of large and small cigarettes, the former weighing more than three pounds per thousand. Large cigars and small; cigarettes represent more than 90 per cent of the total number manufactured in each case and are the only ones given in this table. * Yearlyfigureson crop production represent the latest estimates as reported by the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. The onthlyfiguresfor 1920 and 1921 are the current monthly estimates of total production. 3 4 104 TRANSPORTATION—WATER. Table 65.—INDEX NUMBERS. Based on data from Government sources.* [Base year numbers in bold-faced type; numerical data on opposite page.] CARGO TRAFFIC THROUGH CANALS. Sault Ste. Marie Canal.' Panama Canal.3 YEAR AND MONTH. In American vessels. In British vessels. Total cargo. Relative to 1915. State Canals.8 Total cargo. Total cargo. New York Entered. Ameri- Foreign. can. 100 39 67 100 71 100 63 154 1918 mo. av... 1919 mo. av... 1920 mo. av... 1921 mo. av... 96 126 208 237 1920. January February March.. . April Cleared. American. Total. Foreign. j Under construction.* Completed.' Total. Relative Relative to 1913. Relative to 1913. 1913 jno-fl-v 1914 mo. av.. 1915 mo. av... 1916 mo. av... 1917 mo. av... SHIPBUILDING. V E S S E L S I N FOREIGN TRADE. to 1920. Relative to 1919. 144 1OO 69 89 115 113 1OO 80 71 62 50 1OO 88 113 129 141 1OO 93 85 86 74 1OO 91 92 97 92 1OO 80 107 123 133 1OO 93 87 90 76 1OO 90 93 99 92 9 8 5 8 21 119 85 129 169 154 141 192 236 107 86 88 54 45 48 55 56 131 155 228 221 65 63 79 82 86 120 117 125 167 227 201 68 68 87 84 84 95 126 116 1OO 53 62 1OO 67 30 244 216 244 264 116 101 125 129 220 192 114 213 5 127 142 179 179 47 51 56 57 68 72 89 89 155 136 163 200 60 50 63 61 87 74 91 100 59 69 82 108 72 75 79 72 July August... . 312 218 238 294 153 147 142 173 239 205 218 255 85 107 116 125 53 91 124 100 223 256 264 293 74 102 108 111 114 142 150 159 218 256 264 289 75 97 112 121 115 141 154 166 120 118 113 116 53 72 61 73 September October.. November December 279 237 217 259 168 179 188 183 248 243 242 264 118 130 95 15 114 98 76 265 273 275 257 105 101 85 83 147 146 135 129 274 280 264 223 109 116 89 91 155 162 138 128 107 107 104 97 74 65 61 50 250 239 209 203 230 146 221 169 274 234 266 223 10 213 195 202 212 67 61 69 73 106 97 104 107 175 161 168 203 76 66 74 74 104 93 100 112 92 85 78 64 60 32 42 34 July August. 228 187 173 209 126 106 131 110 195 171 174 206 62 81 82 75 49 83 97 91 210 226 221 245 88 91 97 101 120 124 128 139 162 237 201 206 90 96 104 100 112 137 131 129 56 50 45 44 31 47 24 22 September October November December 211 210 195 188 114 200 129 190 185 242 210 234 65 67 33 10 124 91 121 17 228 232 247 217 85 79 72 71 122 119 118 109 247 216 220 195 90 83 68 80 134 120 110 112 38 32 28 26 26 14 18 13 1922. January February March April . 198 208 151 151 198 206 167 156 181 59 70 80 88 93 107 164 148 174 60 67 83 89 90 108 23 12 17 15 11 2 May , 1921. February March April May May • See footnotes on opposite page also. 1 Panama Canal traffic reported by The Panama Canal; Tonnage entered and cleared in foreign trade, XT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Vessels under construction and vessels completed, U. S. Department of Commerce, Bureau of Navigation; Sault Ste. Marie Canal traffic, U. S. War Department, Engineer Corps, New York State canal traffic from New York State Superintendent of Public Works. 2 Represents tonnage of cargo carried by commercial vessels. Yearly figures refer tofiscalyears ending June 30. 3 Figures for 1913 to 1921 represent monthly averages for eight months during which the canals are usually open. 4 Tonnage under construction refers to the gross tons of shipping, building or under contract to build for private owners. Does not include Government ships or ships building or contracted for by U. S. Shipping Board. 105 TRANSPORTATION—WATER. Table 66.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] VESSELS IN FOREIGN TRADE. CARGO TRAFFIC THROUGH CANALS. New Sault Ste. York Marie8 State Canal. Canals.? P a n a m a Canal.2 YEAR AND MONTH. In American vessels. In British vessels. Total cargo. Long tons. Total cargo. Total cargo. Entered. Cleared. Underconstruction.< AmeriForeign, can. Total. Ameri- Foreign, 1,174 1,033 1,333 1,512 1,658 3,264 3,028 2,768 2,803 2,416 4,440 4,061 4,101 4,315 4,074 1,250 1,000 1,340 1,537 1,666 3,233 3,017 2,826 2,895 2,467 4,483 4,017 4,166 4,433 4,133 166 177 203 1,538 1,828 2,678 2,592 2,121 2,064 2,667 2,590 3,659 3,892 5,344 5,182 1,563 2,083 2,836 2,507 2,184 2,189 2,816 2,704 3,748 4,271 5,653 5,211 1,494 1,674 2,104 2,100 1,523 1,668 1,837 1,870 3,016 3,342 3,940 3,970 1,933 1,702 2,040 2,504 1,950 1,628 2,041 1,961 407,371 257,843 588,214 174,856 229,907 378,928 431,613 217,973 156,412 235,856 310,161 627,669 576,385 781,208 961,601 10,710 8,529 8,809 5,362 1920. January... February.. March April 445,074 392,995 444,178 481,697 211,856 186,093 229,582 235,709 894,628 780,488 466,043 867,521 537 May June July •August.... 568,508 396,877 434,619 535,754 280,306 269,390 260,703 316,497 974,919 834,421 886,814 1,040,740 8,421 10,648 11,577 12,425 115 197 268 217 2,620 3,005 3,108 3,444 2,430 3,320 3,539 3,611 5,050 6,325 6,647 7,055 2,730 3,199 3,303 3,616 September. October... November. December. 508,660 431,987 396,372 472,526 307,941 328,812 343,902 334,890 1,009,557 991,066 984,910 1,076,539 11,748 13,000 9,420 1,505 247 214 164 3,114 3,209 3,235 3,024 3,427 3,281 '2,771 2,724 6,541 6,491 6,006 5,748 January... February.. March April 456,430 435,024 381,256 369,693 421,485 268,430 404,396 310,252 1,117,053 952,904 1,084,563 907,§13 957 2,506 2,293 2,373 2,490 2,199 1,999 2,246 2,368 May June July August 415,794 341,235 316,221 380,367 230,217 194,407 239,850 202,004 792,735 694,720 708,982 839,273 6,155 8,079 8,139 7,498 105 179 211 197 2,463 2,654 2,593 2,885 September. October November., December.. 384,101 383,083 356,019 343,185 209,475 367,495 236,625 349,270 754,894 985, 775 855,440 953,053 6,482 6,652 3,265 1,031 198 262 37 360,282 380,124 277,293 276,073 807,298 838,074 1918 mo. 1919 mo. 1920 mo. 1921 mo. av. av. av. av. Gross tons.T 372 297 265 232 185 183,376 130,888 282,813 av. av. av. 182,325 70,738 av. av. 122,977 Completed.' Total. Thousands of net tons. • Thousands of short tons. 9,965 6,921 8,911 11,486 11,227 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. SHIPBUILDING. 31,881 26,354 18,760 27,118 75,112 613,617 218,549 351,158 235,945 105,973 3,883 3,331 4,081 4,465 679,171 791,911 947,193 1,252,096 253,579 261,959 278,214 251,442 2,436 3,142 3,616 3,930 5,166 6,341 6,919 7,546 1,391,341 1,360,643 1,306,956 1,335,721 185,053 251,539 214,840 257,765 3,422 3,500 3,302 2,786 3,514 3,757 2,868 2,949 6,935 7,257 6,171 5,735 1,236,547 1,236,277 1,206,486 1,123,946 259,611 226,603 213,957 176,781 4,705 4,292 4,619 4,859 2,191 2,017 2,098 2,536 2,455 2,149 2,396 2,474 4,646 4,167 4,494 5,010 1,067,293 977,903 901,229* 734,904 208,967 111,609 145,852 120,508 2,861 2,962 3,164 3,287 5,324 5,616 5,757 6,172 2,114 3,059 2,513 2,582 2,910 3,094 3,362 3,223 5,024 6,153 5,875 5,805 645,224 581,631 519,564 513,863 109,393 164,335 84,918 78,415 2,676 2,718 2,895 2,553 2,759 2,577 2,350 2,306 5,435 5,295 5,245 4,859 3,092 2,702 2,748 2,434 2,903 2,696 2,200 2,586 5,995 4,949 5,021 439,735 365,686 319, 426 296,944 89,709 50,265 61,599 46,108 1,963 1,832 2,127 1,931 2,295 2,626 3,894 4,127 4,753 2,051 1,856 2,181 1,935 2,169 2,684 4,025 4,864 260,599 134,000 197,011 52,764 38,000 6,203 1,155,691 1921. 1922. January..., February... March April May.. June.. See footnotes on opposite page also. Includes ocean-going, lake and river vessels built and officially numbered by the U. S. Department of Commerce, Bureau of Navigation. Includes vessels of the U. S. Shipping Board and private American owners, but not vessels built for foreign owners. « Net ton represents 100 cubic feet internal carrying capacity after prescribed allowances for crew and engine space. 7 Gross toa represents in units of 100 cufiic feet the entire cubical capacity of the vessel, including crew and engine space. 8 About two-thirds of this traffic is through the Erie Canal and one-third through the Champlain Canal. Figures for 1913 to 1921 represent monthly averages for seven months, during which the canals are usually open. 6 106 FREIGHT-CAR MOVEMENT. Table 67.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page. ] SURPLUS YEAR AND MONTH. Box oars* Coal cars. BADORDER CARS.* SHORTAGE.* Total cars.* Box cars. Coal cars. Total cars.1 Grain and grain products. Live stock. Relative t o 1913. Relative to 1919. 1916 monthly a v . . . 1917 monthly a v . . . 1918 monthly a v . . . 1919 monthly a v . . . 1920 monthly a v . . . 1921 monthly a v . . . Total. AVERAGE LOADINGS PER WEEK. Coal. Forest products. Ore. Merchandise L.C.L., Total.* and miscellaneous. Relative to 1919. May June July 1OO 616 11 467 217 1OO 339 8 88 89 94 111 108 205 100 89 113 1OO 91 88 100 110 87 1OO 106 84 100 118 46 1OO 103 96 100 106 94 292 200 275 208 530 459 468 589 377 282 362 317 102 98 102 109 98 90 81 69 110 90 89 79 113 102 106 91 102 106 113 108 26 32 40 43 98 94 101 87 102 97 101 88 (*) 1920. January February March.. April. 100 3 204 (*) « 1 4 (6) (*) (6) 2 (•) (») 301 333 314 418 754 907 1,073 1,070 438 509 520 609 74 82 87 102 93 83 81 83 95 102 109 118 113 111 103 119 124* 186 190 197 97 98 126 113 101 106 109 120 217 96 15 4 570 656 264 51 332 229 81 16 112 98 90 89 94 102 107 86 111 127 121 122 110 109 99 85 213 201 117 46 111 115 101 91 118 124 109 98 3 2 103 94 95 86 96 86 79 82 99 84 75 74 79 94 90 84 24 24 18 15 79 84 93 95 85 85 87 87 98 104 145 154 81 83 73 84 89 -88 82 88 87 88 73 79 63 78 81 85 96 97 95 103 95 95 94 101 142 130 97 108 91 112 96 88 92 111 87 74 82 92 86 79 76 57 21 15 108 118 99 90 105 116 94 85 129 131 106 99 88 55 95 108 74 86 88 93 12 11 14 89 92 105 12 36 100 13 179 347 153 1OO 227 6 4 3 3 4 1 8 36 100 19 156 (6) 1 3 42 182 2 23 1 2 26 108 1921. January... February March April.. 218 211 208 217 120 229 337 303 171 218 262 255 2 2 3 1 May.. June July August 189 178 113 84 218 215 214 173 208 197 170 130 1 1 20 3 1 5 2 2 1 3 16 3 September... October November December 51 28 139 233 130 43 176 293 91 42 149 248 13 28 1 3 103 None 1 15 46 1 1922. January. . February.. March April 161 116 108 193 129 96 175 129 109 CO ^ 2 CO September October November . December ] 1 1 2 2 (5) 3 2 2 93 113 112 115 111 111 115 121 127 141 161 179 205 226 235 249 248 241 229 212 208 219 222 212 May June See footnotes on opposite page. 92 96 103 107 FREIGHT-CAR MOVEMENT. Table 68.—NUMERICAL DATA. From commercial and trade sources*1 [Base year in bold-laced type; index numbers'on opposite page.] SURPLUS.' YEAR AND MONTII. Box cars. Coal cars. BADORDER CARS.* SHORTAGE.' Total cars.' Box cars. Coal cars. Total cars.3 Total. AVERAGE LOADINGS PER WEEK. Grain and grain products. Live stock. Coal. Forest products. Ore. Merchandise L.C.L., Total.* and miscellaneous. Number of cars. 1916 monthly av 1917 monthly a v . . . 6,437 1918 monthly a v . . . 29,251 1919monthly a v . . . 82,135 1920 monthly a v . . . 15,985 1921 monthly a v . . . 127,982 1920. January—. February March April 132,374 23,592 68,680 75,605 189,396 1,981 24,194 154,499 339,026 65,901 28,964 18,991 43,148 1,146 i 112,934 52,360 4,200 24,174 25,868 82,056 444 1,896 134,711 141,961 167,700 163,676 308,717 38,973 34,829 44,066 32,955 176,695 30,105 193,787 28,858 153,672 56,828 37,434 472,495 801,616 60,476 44,142 485,104 850,923 47,928 I 17,367 455,916 754,717 350 362 777 3,597 347 165 145 1,723 7,203 4,838 5,580 7,586 55,543 37,953 52,319 39,508 22,254 19,282 19,651 24,736 91,201 68,204 87,600 76,683 153,995 147,999 153,727 164,660 38,371 35,083 31,503 26,791 36,231 29,615 29,488 25,967 198,792 179,801 187,502 160,115 57,980 9,843 60,390 ; 11,832 64,336 ; 14,794 61,300 16,203 463,138 445,586 478,528 411,056 815,793 775,170 812,105 709,332 266 42 None. 16 247 92 331 236 1,853 788 1,584 1,022 57,242 63,155 59,613 79,428 31,681 38,095 45,059 44,927 105,807 123,035 125,810 147,309 139,786 170,493 168,589 174,371 29,021 32,067 34,060 39,663 30,610 27,262 26,622 27,468 168,271 180,705 193,236 209,069 64,112 62,815 58,259 67,396 46,526 69,811 70,986 73,822 457,445 464,184 594,237 531,565 805,946 851,377 870,237 963,455 September. October.... November.. December.. 54 2,107 34,756 149,487 1,521 107 1,786 17,067 1,916 3,856 49,695 204,408 41,198 18,295 2,795 731 23,930 27,549 11,091 2,159 80,141 55,412 19,673 2,808 166,148 167,965 174,276 182,097 43,707 38,064 34,978 34,645 30,879 33,697 35,169 28,247 195,651 223,792 213,237 215,271 62,679 61,682 56,489 48,276 79,586 75,219 43,953 17,123 522,640 545,670 478,272 428,922 949,597 995,095 877,176 785,798 1921. January February March , April 179,219 173,520 171,119 178,037 90,685 172,850 255,055 229,443 324,186 413,450 495,904 492,352 306 468 26 87 108 71 8 810 650 123 276 191,234 213,180 243,586 270,319 40,235 36,758 37,208 33,455 31,638 28,377 26,166 26,993 174,968 149,092 131,951 131,314 44,739 53,406 51,070 47,578 8,866 8,873 6,677 5,730 372,517 397,519 438,447 448,422 683,651 698,627 698,156 May.... June— July.... August. 155,040 146,298 93,013 69,238 165,102 162,537 161,723 130,596 394,040 373,791 321,781 246,740 187 3,710 641 50 310 83 67 339 309,971 663 ;| 341,337 3,905 354,611 739 376,417 38,214 40,582 56,585 59,973 26,652 27,486 23,979 27,643 157,122 155,001 145,420 155,376 49,463 49,880 41,558 45,010 23,684 29,069 30,389 31,769 455,605 456,036 448,886 487,854 758,438 762,827 750,717 812,265 September. October November.. December.. 42,093 22,628 113,874 191,707 98,048 33,643 132,692 221,614 172,420 80,203 282,926 470,516 2,478 5,301 264 24 142 4,339 None 37 3,621 11,219 302 110 374,087 364,372 345,201 320,292 55,272 50,478 37,998 42,032 29,907 36,834 31,524 29,100 162,882 196,206 154,434 130,297 46,443 52,392 48,846 44,752 28,554 21,490 7,830 5,470 512,322 559,386 469,524 424,479 840,318 929,022 756,624 682,869 330,681 245,100 206,746 546 373 255 100 77 642 599 423 313,190 331,050 334,628 320,083 50,460 51,199 41,184 32,568 29,113 18,092 168,720 190,126 131,116 48,960 50,124 52,734 4,410 4,151 5,250 421,722 486,143 495,258 734,442 768,741 827,400 May.... June... July.... August. 1922. January February March April I 132,174 95,361 88,491 145,913 97,634 72,566 May.. June.. i Data from the American Railway Association. * At end of month, exclusive of Canadian roads. The Association reports the number of freight cars which are idle (surplus) and also the number of requests for cars which can not be filled (shortage). The difference between these two figures represents the net freight car situation for the country as a whole. The car shortages can not ordinarily be filled from the idle cars because of the uneven geographical distribution of the latter. *Includes other classes than groups listed. * Total includes coke shipments in addition to commodity groups listed. * Index number less than 1. * Number of railroad freight cars in need of repairs on first day of each month. Note that 1913 is the base year, having a monthly average of 150,909 cars in need of repairs. 108 RAILWAY OPERATIONS. Table 69.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [ Base year in bold-faced type; numerical data on opposite page. ] TON-MILE OPERATION. YEAR AND MONTH. Freight. Passenger. Total operating. PASSENGER-MILE OPERATION. THE PULLMAN COMPANY. Tons carried Receipts per lmile. ton-mile. REVENUES. Passengers Carried 1 mile. Passengers carried. NET TOTAL. OP- RAILWAY ERATING OPERATING EXPENSES. INCOME.* Relative to 1913. average.. average.. average.. average.. 100 94 101 121 1OO 94 93 102 1OO 95 101 118 1OO 96 95 109 1OO 89 117 146 100 96 *92 •144 100 100 100 99 3 1OO 3 102 3 129 102 »1OO 3 105 '98 112 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average. 133 163 168 204 185 120 150 171 186 167 132 161 169 203 182 131 184 203 267 211 136 96 72 128 133 121 137 105 100 118 135 146 177 117 126 137 138 110 130 116 150 158 126 1920. January.. February.. March April 176 169 183 152 160 143 161 162 196 166 180 158 229 229 231 220 100 (5) 25 127 120 139 104 135 137 137 136 124 112 125 126 151 136 155 156 May.... June July.... August. 178 192 201 209 172 187 214 231 179 194 207 218 241 264 283 375 139 140 148 156 133 135 134 130 133 147 170 177 163 175 188 199 September.. October November.. December.. 248 272 247 219 226 198 185 200 243 252 232 216 280 290 283 281 133 145 85 6 150 156 137 127 161 171 175 152 133 125 129 165 144 130 133 1921. January... February.. March April 184 161 181 172 183 154 169 158 184 159 180 170 243 212 220 207 51 49 109 91 98 94 177 186 186 119 101 108 100 128 111 129 118 May June July.... August. 177 182 178 200 163 173 189 190 174 181 181 198 209 210 200 210 62 86 116 151 103 103 104 111 174 178 174 179 105 114 129 128 123 134 140 143 September. October November.. December.. 200 226 193 163 175 154 144 154 195 210 182 167 208 219 203 192 146 176. Ill 86 113 134 107 94 179 175 179 172 117 103 94 101 139 120 108 113 156 166 145 128 155 157 186 179 49 80 99 104 162 160 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1922. January February March April May.. June. See footnotes on opposite page. 118 102 114 109 RAILWAY OPERATIONS. Table 70.—NUMERICAL DATA. From Government and non-Government sources.1 [ Base year in bold-faced type; index numbers on opposite page.] REVENUES. Y E A B AND MONTH. Freight. Passenger. Total operating. TOTAL OPERATING EXPENSES. TON-MILE OPERATION. NET RAILWAY OPERATING Receipts INCOMES.* Tons carried per lmile. ton-mile. PULLMAN COMPANY. Passengers carried 1 mile. Passengers carried. Thousands of tons. Thousands of dollars. 1913 monthly 1914 monthly 1915 monthly 1916 monthly PASSENGER-MILE OPERATION. Cents. Thousands. Number. average.. average.. average.. average.. 8176,916 $57,548 $355,139 $131,732 $59,900 241,608 256,630 302,104 173,916 171,926 198,031 53,451 70,002 87,265 0.719 .723 .722 .707 3 2,072,018 54,230 53,798 58,980 27,338,294 26,163,146 * 25,232,208 * 31,126,359 ' 2,822,922 165,943 178,864 214,784 3 2,880,582 3 3,649,161 2,882,163 «2,182,396 3 2,021,039 2,326,425 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average. 1921 monthly average. 236,177 288,183 296,4)10 360,304 326,931 68,935 86,056 98,334 107,285 96,156 337,539 410,549 432,005 518,785 463,981 238,184 334,767 368,287 485,861 383,351 81,232 57,759 43,024 4,846 51,248 34,942,744 36,409,975 33,033,629 37,411,868 28,705,869 .715 .849 .973 1.052 1.274 3,289,738 3.556,382 3,863,192 3,904,056 3,110,759 2,691,212 2,397,260 3,112,128 3,271,282 2,600,416 January... February.. March April 311,566 299,213 324,599 268,813 91,874 82,571 92,632 92,964 500,839 424,591 460,187 402,282 416,418 416,458 420,450 400,419 May.... June July.... August. 314,148 340,336 356,091 369,580 98,901 107,383 123,218 132,904 457,559 494,714 529,150 555,522 September.. October November.. December.. 438,882 480,375 436,891 386,564 129,857 113,902 106,652 114,830 January... February.. March April...... 324,935 284,217 320,694 304,730 May.... June July . . . August. September. October November. December.. 1920. 59,640 16,852 14,773 5 23,744 34,764,807 32,695,352 37,991,269 28,530,657 .985 .986 .981 3,501,000 3,174,000 3,529,902 3,551,811 3,123,177 2,811,439 3,221,630 3,226,863 437,830 480,500 514,254 682,315 5 5,430 5 15,240 5 12,053 5 158,583 37,902,007 38,157,869 40,450,094 42,706,838 .954 .970 .960 .936 3,760,702 4,149,434 4,785,323 4,988,019 3,385,470 3,618,050 3,892,896 4,126,186 618,926 641,827 592,054 550,580 509,720 526,544 513,614 510,769 79,676 86,641 50,964 3,302 40,999,843 42,562,687 37,458,630 34,722,365 1.154 1.226 1.255 1.217 " 4,294,113 3,761,875 3,518,107 3,640,548 3,422,673 2,974,833 2,692,723 2,759,442 105,203 88,463 97,312 90,698 470,389 406,496 459,263 433,357 442,196 384,646 400,429 375,699 1,526 5 5,165 30,695 29,249 29,824,391 24,913,294 26,825,588 25,578,883 1.215 1.274 1.335 1.334 3,358,000 2,857.000 3,056,000 2,832,811 2,657,771 2,307,168 2,633,365 2,443,961 313,057 322,073 314,611 353,307 93,517 99,784 108,865 109,175 444,875 461,562 462,849 505,508 380,041 380,927 362,841 382,279 37,081 51,641 69,299 90,241 28,218,768 38,140,661 28,412,404 30,381,958 1.251 1.278 1.254 1.288 2,969,406 3,214,896 3,637,499 3,622,956 2,553,188 2,774,177 2,903,775 2,970,079 354,053 400,710 342,025 100,680 88,844 82,656 88,670 497,655 535,296 465,497 425,022 377,108 397,203 368,013 348,880 87,174 105,453 66,198 51,588 30,821,944 36,506,565 29,139,115 25,706,855 1.288 1.261 1.284 1.237 3,291,820 2,910,493 2,656,590 2,844,671 2,890,136 2,476,852 2,245,621 2,349,099 276,473 294,473 83,720 73,585 394,941 401,427 337,269 324,501 29,476 47,771 27,099,000 28,348,000 1,164 1,152 2,698,888 2,444,584 2,111,766 2,356,701 5 1921. 1922. January... February. March April May.. June. 1 Data on revenues and expenses, from the Interstate Commerce Commission, represent Class I roads, those having annual operating revenues in excess of $1,000,000; data on ton-mile and passenger-mile operation are from the Bureau of Railway Economics; Pullman passenger traffic furnished by The Pullman Co. ' N e t railway operating income includes net operating revenue (equal to the difference between total operating revenue and total operating expenses) from which there have been deducted railway tax accruals, uncollectible railway revenues, equipment and joint facility rents. 3 Fiscal year ending June 30, of year indicated. * These figures are from Interstate Commerce Commission reports. * Deficit. 110 RETAIL TRADE. Table 71.—INDEX NUMBEBS. Based on data from commercial and trade sources.1 [ Base year in bold-faced type; numerical data on opposite page. ] MAIL-ORDER HOUSES. MontSears, Roebuck gomery Ward & Co. & Co. YEAR AND MONTH. TEN-CENT STORES. F. W. Woolworth Co. S. S. Kresge Co. McCrory Stores Corp. S. H. Kress & Co. MISCELLANEOUS. J. C. Penney Co. United Cigar Stores Co. Owl Drag Co. 156 American DepartWholement sale Corp. stores. Relative to 1913. 13 Grocery chains. Relative to 1919. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 100 106 118 154 187 1OO 103 124 156 185 1OO 105 115 131 148 1OO 121 158 199 227 1OO 91 104 126 146 1OO 110 115 140 164 1OO 135 183 319 564 1OO 101 105 121 145 1OO 111 112 117 136 1OO 95 101 132 152 1918 monthly average 1919 monthly average 1920 monthlv averace. 1921 monthly average 208 270 266 186 192 250 259 192 162 180 213 223 274 322 387 421 178 213 266 267 196 234 269 268 811 1,092 1 623 1,767 176 210 269 257 174 205 253 270 156 216 233 213 100.0 117 9 111.6 100.0 137 5 116.2 370 354 345 274 a 333 «333 »333 275 154 148 197 195 276 269 369 362 196 183 251 251 181 181 276 274 747 718 1,103 1,299 220 217 246 251 226 212 232 219 360 275 244 192 107.2 85.7 120.5 117.3 128.8 125.6 145.1 149.8 222 198 210 204 251 283 272 234 205 196 204 201 365 365 363 366 244 241 267 256 246 268 232 248 1,690 1,656 1,492 1,550 277 265 280 263 226 232 245 251 154 171 341 323 124.9 119.9 91.3 88.8 146.0 142.8 151.9 134.7 204 253 321 241 248 262 139 304 199 240 225 390 364 410 421 708 255 271 272 508 258 295 274 491 2,127 2,519 2,264 2,333 276 308 270 358 268 286 258 381 245 185 183 130 106.6 131.8 136.8 183.7 132.7 133.1 131.5 128.3 196 176 252 206 173 165 223 195 151 166 214 199 291 314 420 398 201 210 263 245 197 206 276 240 1,255 1,243 1,698 1,696 242 232 260 263 264 249 266 258 237 198 219 165 103.8 88.5 116.9 112.5 115.5 109.1 119.2 112.1 154 139 134 157 176 206 131 166 203 195 195 211 383 384 370 390 228 229 233 252 244 251 231 244 1,732 1,745 1,497 1,526 256 251 254 250 249 263 273 271 151 160 238 286 112.6 111.1 79.7 82.7 111.3 108.7 106.8 114.3 186 218 203 214 192 230 229 224 205 261 238 438 389 470 461 786 240 278 271 546 239 304 266 530 1,940 2,422 2,220 2,245 253 271 245 309 260 290 261 331 313 253 198 134 95.0 130.6 123.5 182.8 110.4 126.2 125.7 134,9 178 156 198 169 175 243 172 183 215 326 341 406 216 235 270 182 204 238 984 1,089 1,433 199 194 244 246 236 265 229 132 163 91.2 81.7 128.0 118.9 1920. February March April . .. May July August ... September October N ovember • D«revmber 1921. February. April May July August September October December 1922. January February March April . May June i 1 See footnotes on opposite page. Ill RETAIL TRADE. Table 72.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page. ] MAIL-ORDER HOUSES. Y E A R AND MONTH. Sears, Roebuck & Co. Montgomery Ward & Co. TEN-CENT STORES. F.W. Woolworth Co. S.S. Kresge Co. McCrory Stores Corp. S.H. Kress & Co. MISCELLANEOUS. J.C. Penney United Cigar Owl Stores Co. Drug Co. American Wholesale Corp. Co. Thousands of dollars. 1913 monthly average.. 1914 monthly average... 1915 monthly average.. 1916 monthly average... 1917 monthly average.. £7,965 £3,310 £5,519 3,420 4,109 5,170 6,126 5,801 6,333 7,257 8,174 £1,105 1,341 1,745 2,200 2,508 £450 411 468 566 655 £898 991 1,036 1,255 1,469 £220 297 402 701 1,240 £2,465 8,427 9,389 12,237 14,856 2,492 2,587 2,985 3,576 £325 360 364 381 443 £1,366 1,303 1,380 1,807 2,071 1918 monthly average... 1919 monthly average... 1920 monthly average... 1921 monthly average... 16,544 21,494 21,217 14,835 6,347 8,278 8,562 6,371 8,931 9,958 11,741 12,299 3,026 3,556 4,270 4,655 800 957 1,197 1,200 1,763 2,104 2,415 2,409 1,778 2,398 3,569 3,887 4,336 5,172 6,637 6,339 566 667 823 879 2,130 2,944 3,188 2,905 January... February. March April 29,491 28,202 27,478 21,824 2 11,020 * 11,020 »11,020 9,112 8,491 8,170 10,853 10,744 3,052 2,974 4,074 4,000 825 1,127 1,129 1,633 1,627 2,481 2,465 1,642 1,577 2,423 2,855 5,428 5,341 6,070 6,195 735 690 753 713 4,913 3,751 3,331 2,616 May June July August.. 17,705 15,768 16,743 16,272 8,320 9,380 9,009 7,751 11,320 10,818 11,283 11,070 4,027 4,034 4,012 4,041 1,099 1,082 1,202 1,150 2,210 2,410 2,085 2,227 3,714 3,639 3,278 3,406 6,834 6,525 6,910 6,477 735 755 796 816 2,098 2,340 4,658 4,406 September. October.... November. December.. 16,276 20,113 25,556 19,177 8,214 4,605 10,050 10,957 13,242 12,428 21,522 4,024 4,532 4,652 7,824 1,147 1,219 1,224 2,283 2,316 2,652 2,459 4,408 4,673 5,536 4,976 5,127 6,807 7,591 6,654 8,816 872 929 8319 1,239 3,345 2,528 2,495 1,773 January... February. March April 15,598 14,003 20,106 16,375 5,722 5,462 7,396 6,464 8,336 9,138 11,831 10,963 3,215 3,468 4,642 4,392 903 946 1,185 1,102 1,773 1,850 2,475 2,159 2,759 2,732 3,732 3,726 5,969 5,713 6,413 6,494 859 810 864 837 3,240 2,702 2,987 2,255 May June July August.. 12,239 11,094 10,676 12,477 5,821 6,806 4,329 5,483 11,203 10,741 10,744 11,638 4,232 4,245 4,087 4,311 1,027 1,031 1,048 1,133 2,110 2,255 2,077 2,191 3,806 3,835 3,290 3,354 6,309 6,186 6,263 6,160 810 855 2,057 2,183 3,250 3,912 September. 14,800 17,378 16,186 17,081 6,363 7,604 7,581 7,425 11,327 14,407 13,110 24,155 4,300 5,189 5,098 1,081 1,251 1,220 2,456 2,148 2,731 2,385 4,755 4,263 5,323 4,883 4,938 6,231 6,691 6,029 7,613 846 943 849 1,108 4,276 3,461 2,700 1,831 14,188 12,413 15,801 5,594 5,785 8,031 9,520 10,095 11,847 3,598 3,763 4,481 970 1,056 1,215 1,632 1,835 2,134 2,165 2,395 3,153 4,898 4,794 6,013 798 766 860 3,133 1,806 2,226 1920. 1921. October.... November. December.. 1922. January... February. March April May. June. 1 This table is submitted in response to a demand for publication of the figures of sales of individual stores, which have been compiled from published reports. These figures represent money values of sales. On account of the tremendous increase in J. C. Penney Co. sales, this store is not included in our total of 10-cent store sales given on page 105. The index numbers of sales of 156 department stores and of 13 grocery chains were compiled by the Federal Reserve Board. Data on American Wholesale Corp. placed here for convenience. * Separate monthly figures not available. 112 DEPARTMENT STORE SALES. Table 73—PEBCENTAGE NUMBEBS.1 COMPARISON OF NET SALES WITH CORRESPONDING MONTH OF PRECEDING TEAR, BY FEDERAL RESERVE DISTRICTS. Percentage Increase or decrease. (A minus sign [—] denotes decrease.) YEAR AND MONTH. Boston (No.l). PhilaNew RichMinne- Kansas Dallas San York delphia Cleveland mond Atlanta Chicago St. Louis apolis City Francisco (No. 2). (No. 3). (No. 4). (No. 5). (No. 6). (No. 7). (No. 8). (No. 9). (No. 10). (No. 11). (No. 12). 1930. January... February. March.... April..... 35 18 38 19 May.... June.... July August. 21 28 20 11 15 1 11 - 0.4 September. October November. December.. 22 - 48 0.3 52 18 29 14 65 38 46 23 27 65 25 38 16 12 18 4 23 33 20 14 35 51 31 11 31 50 11 31 28 34 32 21 24 60 13 24 24 30 16 12 41 16 23 26 21 23 33 21 52 31 4 15 25 8 13 29 12 21 12 25 10 11 3 12 9 26 13 15 18 11 3 15 5 ' 3 10 5 1 2 21 26 22 8 • 0.3 16 26 10 6 - 28 14 12 12 2 16 - 9 13 11 5 - 3 - 4 4 - 5 - 1921. January... February. March.... April 7 2 - 2 May.... June July.... August. - 5 3 -12 - 5 September. October November.. December.. -10 4 - 7 6 - 5 3 4 5 -11 0.4 -12 1 4 6 9 1 - 5 3 -• 3 - 6 - 3 1 -11 - 6 -16 - 1 1 -20 - 3 3 - - 3 -18 - 9 3 -17 -13 2 -15 - 5 -17 - 4 4 -17 -18 8 -17 —11 -17 - 8 -22 -13 -23 - 6 2 - 5 - 0.4 1 - -14 - 1 - -10 - 8 - 6 - 7 - 7 -14 - -12 -12 -21 -12 -21 -15 17 -22 -11 - 5 - 4 -21 -10 -21 -19 12 -11 - -15 -24 -16 -23 -15 18 -18 -14 - 3 -15 - -15 -10 8 -13 - - 8 -21 -13 -21 -17 9 -18 -14 2 -11 - -17 - 7 9 -18 - -12 -22 -17 -19 - 7 -15 -16 -13 -19 - 7 -17 -13 -16 -10 -12 -12 -17 -20 - 8 3 0.4 -12 7 6 5 5 9 -23 7 -17 -26 4 -17 1922. January .. February. March -8 - 3 - 4 April May., June. I i Compiled by the Federal Reserve Board, in cooperation with the National Retail Dry Goods Association, from about 300 department stores. 113 DEPARTMENT STORE STOCKS. Table 74.—INDEX NUMBERS. [Base year in bold-faced type ] VALUE OF STOCKS AT END OF MONTH, B T FEDERAL RESERVE DISTRICTS.* YEAR AND MONTH. Boston (No. 1). Six months' average, July-Dec., 1920. 100.0 New York (No. 2). PhilaRichdelphia Cleveland mond (No. 3). (No. 4). (No. 5). San Atlanta Chicago St. Louis Minne- Kansas Dallas City apolis (No. 6). (No. 7). (No. 8). (No. 9). (No. 10). (No. 11). Francisco (No. 12). 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1919. September. October November., December. . 19.5 20.8 20.7 17.9 91.3 1990. 79.1 84.7 95.1 100.2 78.0 87.0 93.4 82.2 90.9 103.7 103.5 92.5 91.6 90.3 98.8 107.9 108.8 103.8 85.8 75.3 79.3 86.1 89.5 84.5 81.0 78.9 80.0 January... February. March April 102.8 106.6 107.8 107.4 May June July August.. 103.5 97.8 93.2 97.2 102.0 95.7 95.2 101.7 93.5 90.7 93.8 September. October November.. December.. 106.4 104.5 109.6 88.9 108.7 109.3 103.3 81.5 January... February. March April 77.6 89.7 84.0 86.3 May June.... July August.. September. October November.. December.. 92.9 95.7 48.1 74.9 82.5 82.5 98.5 103.0 22.9 30.2 38.4 46.7 105.8 96.1 98.5 100.7 95.1 89.7 94.7 99.7 84.2 84.2 91.2 104.5 95.8 99.2 102.3 97.4 100.2 96.7 88.1 95.9 105.3 88.9 108.7 57.5 70.8 86.6 98.9 107.8 112.8 105.6 84.5 111.0 111.1 102.5 76.3 112.8 113.6 105.9 73.3 109.5 111.0 104.4 79.3 106.9 108.8 104.1 84.5 107.1 108.0 103.4 84.0 110.1 108.1 102.6 78.0 115.8 112,3 101. S 72.4 108.3 109.6 105.9 90.7 75.9 80.3 85.0 86.1 72.2 74.4 80.3 83.7 64.0 69.7 75.5 78.7 72.7 77.0 80.4 80.0 77.9 79.0 86.2 85.6 81.7 80.9 88.3 88.4 76.6 77.4 82.2 79.8 77.1 84.9 90.3 91.8 66.7 70.0 76.4 76.8 87.0 88.9 92.9 95.7 87.7 82.8 79.3 85.0 86.2 84.8 80.8 80.2 •81.1 78.8 74.0 79.0 77.3 74.1 72.4 67.3 77.8 75.6 75.2 79.1 82.9 79.5 78.6 84.9 86.8 86.4 83.1 90.9 76.4 72.0 71.5 76.4 87.8 79.8 85.2 95.9 74.1 70.7 69.1 80.8 94.7 87.5 86.9 90.9 88.5 94.0 98.6 95.1 99.7 101.7 85.1 86.1 88.3 88.7 76.4 86.7 88.7 89.3 73.6 78.7 80.8 80.4 72.9 87.8 89.1 89.3 73.3 88.5 91.7 91.2 75.4 97.6 98.1 98.9 81.8 79.5 80.2 79.6 69.3 101.8 102.2 98.0 78.1 86.6 86.9 86.9 65.3 94.7 95.3 96.6 81.0 77.9 81.3 82.0 84.5 76.7 79.2 67.2 59.7 67.2 73.2 79.3 71.6 79.0 73.8 82.1 66.8 70.9 80.5 91.4 65.0 76.5 70.7 84.4 86.6 1921. 1922. January... February. March April 77.2 May. June. i Index numbers calculated from data collected by the Federal Reserve Board in cooperation with the National Retail Dry Goods Association from about 300 department stores, showing percentage changes from month to month. The Federal Reserve Board states that the original material was in dollar amounts, except in districts 3,4,8, and 10, where only percentages were received, and the averages for the districts were computed by weighting according to the volume of business done during 1920. The percentage changes reporter! by the Federal Reserve Board have been converted into index numbers which show the same corresponding percentage increase or decrease. 100797°—22 8 114 DISTRIBUTION MOVEMENT. Table 75.—(A) INDEX NTJMBEES AND (B) NUMERICAL DATA. From commercial and trade sources,1 [Base year in bold-faced type.] RETAIL SALES. Mall-order houses. 3 Chain stores. 3 ADVERTISING. POSTAL RECEIPTS. Magazine.* Newspaper.s Relative to 1913. RETAIL SALES. Relative to 1919, Mall-oider 1 houses. Chain stores. 3 ADVERTISING. POSTAL RECEIPTS. Magazine. 4 Newspaper.* YEAK AND MONTH. Relative to 1913. Relative to 1919. Thousands of dollars. A.—INDEX NUMBERS. 100 100 105 120 154 186 107 120 141 161 74 80 100 95 94 116 122 203 264 264 188 182 208 246 258 93 100 113 113 January.. February. March.... April 359 348 341 274 176 171 233 230 May.... June July.... August. 231 223 228 213 September.. October November.. December.. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. Thousands of agate lines. B.—NUMERICAL DATA. 87,973 75 911,275 11,847 13,498 17,407 20,982 8,544 9,582 11,278 12,806 110 154 188 120 73 100 114 102 22,891 29,772 30,233 21,206 107 100 125 122 142 191 215 220 108 105 122 120 234 230 233 108 108 101 100 222 208 158 157 217 255 268 259 231 272 452 109 120 115 136 January.. February., March.... April 189 173 244 203 179 193 253 234 May.... June July.... August. 160 159 133 159 September.. October November.. December.. 1918 1919 1920 1921 average.. average.. average.. average.. 61,440 62,671 14,520 16,575 19,623 20,561 17,066 18,380 20,688 20,761 1,344 1,890 2,305 1,474 61,067 83,859 95,832 85,951 40,511 39,222 38,498 30,936 14,059 13,596 18,535 18,338 19,659 18,345 23,009 22,441 1,739 2,342 2,627 2,696 90,238 87,999 102,288 100,671 119 117 100 100 26,025 25,148 25,752 24,023 18,656 18,344 18,582 18,488 19,786 19,790 18,486 18,446 2,715 2,545 1,932 1,918 • 99,397 98,122 83,940 83,644 179 202 193 173 111 129 119 116 24,490 28,801 30,161 29,227 18,444 21,645 20,763 36,037 20,034 22,082 21,160 25,020 2,186 2,473 2,36* 2,114 93,285 108,585 99,699 97,285 109 104 124 113 120 129 135 137 101 *9 109 107 21,320 19,465 27,502 22,839 14,227 15,405 20,133 18,616 20,013 19,115 22,723 20,733 1,462 1,580 1,655 1,680 85,107 74,974 91,503 89,991 233 229 225 242 106 107 95 105 140 129 100 90 106 104 88 85 18,060 17,900 15,005 17,960 18,572 18,272 17,956 19,273 19,509 19,752 17,508 19,283 1,713 1,574 1,230 1,105 «88,480 86,970 73,522 71,435 188 222 211 217 monthly monthly monthly monthly $13,543 14,611 1,224 1,161 1,147 1,415 1,490 239 296 274 502 111 118 118 145 104 120 124 116 100 116 112 112 21,163 24,982 23,767 24,506 18,856 23,578 21,813 40,052 20,399 21,629 21,750 26,678 1,274 1,467 1,522 1,421 83,837 97,533 93,812 94,257 175 161 211 197 210 247 114 111 132 91 113 124 140 102 90 111 19,782 18,198 23,832 15,720 16,749 19,677 20,903 20,339 24,237 1,112 1,383 1,515 1,717 85,745 75,319 93,285 73 1920. 1921. 1922. January.., February., March.... April May.. June. i Except postal receipts in 51 selected cities reported by the U. S. Post Office Department. Mail-order and chain-store sales are reported directly by the companies or compiled from the Commercial and Financial Chronicle; magazine advertising as reported by Printers' Ink; newspaper advertising compiled by New York Evening Post. * Includes Sears, Roebuck & Co. and Montgomery Ward & Co. (details for each store shown on page 111). * Includes F. W. Wcolworth & Co., S. S. Kresge Co., McCrory, and S. H. Kress & Co. (details for each store shown on page 111). 4 These figures represent the number of lines of advertising carried by the leading magazines dated for the month noted. 5 Compiled from 22 identical cities: New York, Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Boston, Baltimore, Los Angeles, Buffalo, San Francisco, Milwaukee, Washington, Cincinnati, New Orleans, Minneapolis, Indianapolis, Columbus, Louisville, St. Paul, Birmingham, and Houston. For the years 1916 to 1918, no reports were available for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the 18 other cities, allowing 13.85 per cent of the total to the four missing cities, the average ratio of those cities to the total in the subsequent years. «Estimated figure. 115 LABOR. Table 76.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type. ] NEW YORK STATE FACTORIES.2 WISCONSIN FACTORIES. U.S. FAC- UNEMTO- PLOYRIES.3 MENT. IMMIGRA- N u m - Total Number of ber of Total paj pay ememroll. ployees. roll. YEAR AND MONTH. ployees. EMI- TION.* GRA- NumAver- EmTIONS ber of Total ployees Pennpay weekly on pay sylemvania. earnployees. roll. roll. ings. Relative to 1915 (first quarter). Relative to 1914. NEW YORK STATE FACTORIES.2 Relative Relative Apr.to Jan., toDec. Relative to 1913. 1921. average. Thousands. av.. av.. av.. av.. av.. 1918 monthly 1919 monthly 1920 monthly 1921 monthly av.. av.. av.. av.. 1OO 100 107 141 166 105 128 136 112 160 198 128 120 124 97 210 227 281 241 140 136 135 94 258 284 342 191 130 128 132 130 277 273 296 291 May.... June July.... August. 128 128 127 124 294 296 291 288 «142 144 142 September. October November. December.. 123 121 114 106 284 281 263 241 1921. January February... March ADril 100 100 99 May.... June July.... August. September. October.... November. December.. 1920. January February.. March April 106 125 146 104 63 39 24 186 209 254 202 15 17 44 49 100 Number. 118,936 50,994 116,923 52,817 36,187 32,015 30,562 20,067 30,240 12,198 7 100 32 35 70 478 $5,942 494 579 604 614 573 594 464 6,377 8,366 11,943 42,181 20,655 30,489 27,794 35,682 39,505 48,728 94,852 103,269 89,224 93,233 1,559 '263,027 16,106 18,019 35,672 34,463 74,066 81,499 83,957 85,431 16,711 17,654 19,752 51,798 57,804 45,407 43,252 54,665 68,761 12,481 13,490 32,506 40,047 34,386 41,935 29,447 29,562 26,236 32,700 I | 620 38 36 6 147 350 238 41 16,438 614 16,243 46 60 631 17,586 58 56 623 17,303 62 55 613 17,441 «260 69 70 611 17,576 354 379 248 71 77 608 17,307 267 72 138 131 122 113 361 344 306 270 262 80 263 217 214 218 208 100 101.6 98.6 93.1 222 218 213.3 200.6 222 104 214 103 216.4 215.5 96 95 93 93 201 196 189 190 91.5 88.6 89.4 92.0 191.6 177.0 166.8 185.5 209.4 101 91 59 461 11,929 199.7 98 88 49 80 453 11,641 186.7 97 100 39 74 444 11,219 112 41 75 443 11,280 96 1922. January February... March April May. June. Number unemployed. 100 98 30 26 25 100 103 121 126 Thousands. B.—NUMERICAL DATA. A.-INDEX NUMBERS 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly Thousands of dollars. U.S. FAC- UNEMPLOYTORIES.3 MENT. IMMI- EMIGRAGRATION.* TION.* Employees Pennsylvania. 194 195 193 198 93.5 94.4 93.9 94.5 179.6 181.6 176.5 179.2 191 195 200 95.6 96.5 99.5 167.9 184.5 186.7 97 100 101 595 17,091 64 588 16,884 87 79 577 16,681 251 75 67 545 15,655 239 78 82 506 14,330 58 467 12,894 58 476 12,734 102 51 480 12,955 101 64 471 12,335 201.6 57 192.0 99 107 41 90 461 11,550 192.4 100 105 39 76 472 11,571 188.0 101 105 38 58 471 11,465 189.7 96 102 26 67 471 11,744 175.6 100 122 19 31 464 11,330 191.2 100 119 15 28 478 11,563 187.6 103 117 12 16 484 11,901 106 1,628 1,613 1,588 1,581 233,645 75,384 67,483 74,147 70,780 1,574 1,527 1,510 1,526 238,625 232,520 263,000 294,985 82,648 57,803 46,367 48,707 30,029 40,950 37,791 38,352 1,545 1,560 1,567 1,493 282,125 276,675 276,345 269,322 48,814 45,975 44,648 30,897 45,752 38,956 29,646 34,130 1,557 1,565 1,605 321,893 313,835 308,540 278,850 22,633 17,643 14,803 15,585 14,423 8,269 T i Data on New York state factories furnished by the New York State Department of Labor; Wisconsin factories by the Wisconsin Industrial Commission; Number on pay roll, U. S. factories, from U. S. Department of Labor, Employment Service; Unemployment in Pennsylvania, estimated as of the first of the month on the basis of reliable statistics, by the Pennsylvania Department of Labor and Industry, Bureau of Employment; Immigration and emigration statistics from U. S. Department of Labor, Bureau of Immigration. * Figures represent reports from 1,648 firms in New York state employing more than one-third of the factory workers in the state. • Information is from 1,428 factories, usually employing over 500 workers each. * Includes total admitted, both immigrants and nonimmigrants. • Includes total departed, both emigrants and nonemigrants. «Average for preceding 3 months. t Nine months' average, March-December. 116 COST OF LIVING. Table 77.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type.] FOOD. YEAR AND MONTH. CLOTHING. HOUSING. FUEL AND LIGHT. FURNITURE MISCELLAAND HOUSE NEOUS. FURNISHINGS. TOTAL. 100.0 105.0 105.0 126.0 100.0 100.0 101.5 102.3 100.0 101.0 101.0 108.4 100.0 104.0 110.6 127.8 100.0 103.0 107.4 113.3 100.0 103.0 105.1 118.3 149.1 205.3 241.6 223.0 100.1 109.2 119.8 143.0 124.1 147.9 151.2 183.4 150.6 213.6 244.3 289.6 140.5 165.8 181.7 204.8 142.4 174.4 188.3 208.5 219.0 178.0 287.5 258.5 134.9 151.1 171.9 194.9 292.7 285.4 201.4 208.2 216.5 200.4 144.7 153.1 150.0 222.6 192.1 184.4 159.0 160.0 161.0 181.6 180.7 181.1 247.7 224.7 218.0 208.8 207.8 206.8 180.4 177.3 174.3 138.7 1917, December 1918, December 1919, av. 2 mos. (June, Dec.) 1920, av. 2 mos. (June, Dec.) 100.0 101.0 104.7 120.0 157.0 187.0 195.5 198.5 1913, average 1914, December 1915, December 1916, December 175.2 160.9 175.8 206.5 203.3 166.9 1920. Jnne, December 1921. May September December 1922. March . . . June . 1 Reports compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Prices represent averages for the month in 32 cities; food prices reported by 15 to 25 dealers i n each city, fuel and light by 10 to 15 firms, including public utilities, i n each city; other quotations secured directly from records. Rentals are based on 250 to 950 houses and apartments in each city and for each item of clothing, furniture and miscellaneous, four quotations are secured in each city (five in New York City). FARM LABOR. Table 78.—(A) INDEX NTTMBEKS AND (B) NUMERICAL DATA. Bated on data from Government sources.1 [Base year in bold-faced type.] WAGES OF MALE FARM LABOR EMPLOYED BY— Month. Y E A R AND MONTH. With board. Day, harvest. Without board. With board. Without board. FARM LABOR.* WAGES OF MALE FARM LABOR EMPLOYED BY— Day, n o t harvest. With board. Without board. Day, harvest. Month. Supply. Demand. With board. Without board. With board. Without board. Day, not harvest. With board. Without board. Dollars. Relative to 1913. Per cent of normal. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 monthly a v . . . 1914 monthly a v . . . 1915 monthly a v . . . 1916 monthly a v . . . 1OO 98 99 109 1OO 99 99 108 1OO 99 99 108 100 98 99 107 1OO 97 97 109 1917 monthly a v . . . 1918 monthly a v . . . 1919 monthly a v . . . 1920monthly a v . . . 135 163 186 219 133 161 186 214 132 169 201 229 131 166 197 225 134 178 211 247 135 175 208 239 1921 monthly a v . . . 1922 monthly a v . . . 141 143 143 144 145 148 821.38 21.05 21.26 23.25 1OO 97 98 108 1 72.9 84.4 72.4 101.4 101.8 105.3 95.2 99.5 87.5 89.3 Data from U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. $30.31 29.88 30.15 32.83 •1.57 1.55 1.56 1.69 81.94 1.91 1.92 2.07 81.16 1.13 1.13 1.26 81.50 1.45 1.47 1.62 28.87 34.92 39.82 46.89 40.43 48.80 56.29 64.95 2.08 2.65 3.15 3.60 2.54 3.22 3.83 4.36 1.56 2.07 2.45 2.86 2.02 2.63 3.12 3.59 30.14 43.32 2.24 2.79 1.68 2.22 * As of Apr. 1 of yearindicated. 117 COST OF LIVING. Table 79.—INDEX NUMBERS. Based on data from non-Government sources.1 [Base year figures in bold-faced type.] Y E A E AND MONTH. 1914, July. 1915,July.. 1916, July.. 1917, July.. SUNALL ITEMS FOOD. SHELTER. CLOTH- FUEL AND DRIES. WEIGHTED. LIGHT. ING. 100 111 146 1OO 100 102 105 1OO 103 120 143 1OO 102 104 126 1OO 100 104 117 1OO 101 109 131 173 186 205 156 118 129 154 169 185 205 261 166 138 144 168 183 152 164 185 184 159 172 198 167 January... February. March April , 197 208 200 200 143 145 149 150 270 277 277 288 149 149 149 151 177 178 183 183 190 194 195 197 May.... June July.... August., 211 215 219 219 151 151 158 156 287 276 266 258 166 161 166 169 183 185 185 185 September. October November.. December.. 207 203 198 193 159 159 166 166 255 248 228 205 178 183 200 200 188 190 192 192 199 197 193 190 January.. February. March.... April 178 172 158 156 166 166 171 171 187 174 174 169 200 198 187 179 192 190 185 185 181 176 169 168 May June July August. 152 145 144 148 171 171 169 169 162 164 159 178 178 179 179 185 185 185 183 166 162 163 162 September. October November.. December.. 155 153 153 152 169 169 157 160 161 157 179 179 179 179 183 180 178 178 165 164 163 163 150 142 139 169 169 165 156 156 154 178 177 174 178 177 174 161 158 155 100 1918 average for two months... 1919 average for three months.. 1920 monthly average 1921 monthly average 192O. 202 203 205 1921. 1922. January... February . March.... April May.. June . I. i Compiled by the National Industrial Conference Board, and represent retail prices on the first day of the month, except food, which is the retail food index of the U. 8. Bureau of Labor Statistics tor the 15th of the preceding month. Beginning with March, 1922, all prices shown are as of the 15th of the month indicated. The index is weighted according to the estimated consumption of average wage earners before the war, on the following basis: Food 43.1 per cent, shelter 17.7 per cent, clothing 13.2 per cent, fuel and light 5.6 per cent, sundries 20.4 per cent. 118 PRICES. Table 80.—INDEX NUMBERS. Based on data from Government sources. [Base year in bold-faced type.] WHOLESALE PRICE INDEX NUMBERS.' (Compiled by U. S. Department of Labor.) YEAR AND MONTH. 1913 mo. 1914 mo. 1915 mo. 1916 mo. av.. av.. av.. av.. 1917 mo. 1918 mo. 1919 mo. 1920 mo. 1921 mo. Farm products. Food, etc. 100 av.. av.. av.. av.. av.. Fuel Cloths and and clothing. lighting. Metal and metal products. FARM PRICES.* RETAIL FOOD House PRICES.* Building Chemi- furnish- MiscelAll cals and matecommoding laneous. drugs. ities. rials. s. 100 96 93 119 1OO 87 97 148 10O 100 94 100 101 114 101 159 115 208 181 188 175 163 173 238 194 124 198 151 221 161 192 179 186 308 210 131 205 167 144 196 236 337 247 253 244 246 270 350 356 356 353 184 187 192 213 177 189 192 195 268 300 325 341 189 197 205 212 244 243 236 222 287 279 268 235 347 335 317 299 235 246 252 268 193 190 191 193 341 337 333 328 September.. October November.. December.. 210 182 165 144 223 204 195 172 278 257 234 220 284 282 258 192 184 170 157 1921. January February... March April 136 129 125 115 162 150 150 141 208 198 192 186 228 218 207 199 May.... June July.... August. 117 113 115 118 133 132 134 152 181 180 179 179 September.. October November.. December.. 122 119 114 113 146 142 142 239 1922. January February... March April 116 126 128 134 138 138 100 100 103 105 122 103 104 126 98 100 128 189 220 234 218 120 176 189 210 236 302 144 1920. January February... March April 246 237 239 246 May.... June July August. 100 99 99 100 1OO Crops. 1OO Live stock. 1OO 102 108 101 111 120 100 101 124 114 123 155 176 146 196 167 217 212 186 236 243 203 156 155 153 206 226 236 244 111 164 193 324 329 329 331 227 227 230 238 248 249 253 265 201 200 200 211 241 252 255 271 173 177 178 181 215 218 217 216 339 362 362 246 247 243 240 272 269 262 250 215 219 219 207 294 309 304 268 177 175 176 172 318 313 274 266 222 216 207 188 371 371 369 346 239 229 220 205 242 225 207 189 203 198 193 178 239 202 163 135 174 166 147 121 152 146 139 138 182 178 171 168 283 221 208 203 274 190 180 167 154 177 167 162 154 172 158 156 152 129 123 120 113 120 117 123 112 194 187 184 182 138 132 125 120 202 202 200 198 166 166 163 161 262 250 235 230 151 150 149 147 151 148 148 152 145 144 148 155 104 109 106 109 109 104 109 113 187 190 186 185 178 182 186 187 120 121 119 119 193 192 197 203 162 162 162 161 223 218 218 218 146 145 145 148 152 150 149 149 153 153 152 150 109 111 98 98 101 98 92 91 183 183 182 183 183 183 117 115 114 202 159 159 159 214 213 213 146 150 153 148 151 152 142 142 139 98 100 112 114 95 108 117 181 239 261 97 202 202 277 275 103 95 111 192 198 168 107 May.. June.. i Wholesale prices and retail food prices from the U. S. Department of Labor, Bureau of Labor Statistics; farm prices from the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. i The wholesale price index number of the U. 8. Department of Labor, Bureau of Labor Statistics, is based on quotations of 328 commodities. These commodities are arranged in 9 groups as given in the table. In computing this index, the price of each commodity is weighted by multiplying it by the estimated quantity of that article marketed in the census year 1909. »The retail food price index compiled by the Bureau of Labor Statistics represents the changes in the price of 22 articles of foods as reported by retail dealers in 51 of the larger cities as of the 15th of the month. * Farm prices of crops represent the relative average prices to farmers of the 10 leading crops on the first of each month. The live stock farm price index is computed as of the 15th of each month. 119 WHOLESALE PRICES. Table 81.—INDEX NUMBERS. Based on Government data. [Base year in bold-face type.] WHOLESALE PRICE INDEX NUMBERS. Compiled by Federal Reserve Board.1 YEAR AND MONTH. ConAgricul- Animal Mineral Total raw Producers' sumer's Forest tural goods. products. products. products. products. products. goods. All c o m modities. All c o m Goods Goods imported. exported. modities. 11 27 315 19 80 18 158 19 40 90 quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 100 103 111 128 210 93 100 90 91 96 123 118 100 104 100 119 179 1OO 97 1OO 99 99 118 173 100 95 100 1OO 101 100 102 123 172 100 123 187 100 100 140 100 99 175 240 199 140 176 193 195 201 196 251 218 184 177 211 203 224 214 174 222 211 256 183 333 236 241 235 253 244 191 235 239 133 108 208 187 151 140 161 155 108 136 148 January... February * . March April 291 213 273 190 239 245 259 248 212 264 248 278 288 304 206 315 194 240 246 256 249 216 260 248 200 348 197 247 246 263 253 218 266 253 196 367 224 260 263 280 265 242 272 267 May.... June July August.. 314 179 367 234 260 271 285 272 269 186 363 245 261 262 279 268 287 184 359 256 258 251 272 263 259 181 351 265 251 238 250 250 246 226 208 182 271 301 September. October November. December.. 232 186 344 277 248 224 240 242 191 172 339 272 230 209 224 225 170 139 289 246 205 193 214 207 155 132 283 224 187 175 196 155 119 245 220 175 182 177 145 114 116 106 225 207 155 171 167 210 197 164 157 149 149 168 162 143 159 154 188 182 177 175 149 145 145 145 140 137 134 132 153 152 153 162 151 148 148 152 105 172 146 145 160 158 157 155 151 153 153 1920. 265 262 256 254 236 240 164 219 232 142 187 214 127 168 196 112 151 179 114 113 114 109 147 168 140 157 129 152 1921. January... February. March April 136 126 May June July August.. 131 September. October.... November., December.. 205 205 123 104 102 109 112 200 142 134 129 129 104 105 103 102 194 193 200 208 129 139 141 107 116 118 207 207 207 125 122 204 203 178 145 146 133 133 130 130 176 176 176 147 153 153 127 127 128 176 178 125 146 104 129 126 126 127 145 142 145 146 152 150 149 149 106 107 108 111 149 146 143 141 146 145 145 142 148 151 152 110 110 111 139 142 144 142 102 103 1922. January.. February. March April 146 147 May. June. 1 First eight columns comprise data composing wholesale price index numbers of the U. S. Department of Labor, Bureau of Labor Statistics, as reclassified by the Federal Reserve Board into the groupings as shown. The weights are the same as those used by the Bureau of Labor Statistics and the total of all commodities is, therefore, the same. Data in the last three columns are original compilations of the Federal Reserve Board constructed for the purpose of international price comparisons; basic prices are obtained from trade journals and private firms and weighted according to the 1913 volume imported and exported, respectively, for "imported goods" and "exported goods." The total index number includes also goods produced, weighted by production in 1913, and goods consumed, weighted by consumption in 1913. 120 WORLD WHOLESALE PRICES. Table 82.—INDEX OTKBEBS. From Government and non-Government sources. [Base year in bold-faced type.] UNITED STATES.* YEAR AND MONTH. Dun. Bradstreet. UNITED KING- FRANCE.' ITALY.* DOM.) Relative to July, 1914. Relative to 1913. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 100 101 105 123 199 1OO 97 107 128 170 1OO 99 123 160 204 1OO 101 137 187 262 1OO 95 133 202 299 190 191 207 141 203 203 204 123 225 235 283 181 339 357 510 345 409 364 624 578 January.... February.., March April....... 205 210 209 213 221 227 226 225 306 487 522 555 588 May. June.. July. August 218 217 215 209 225 216 210 204 304 291 292 288 September. October.... November., December.. 205 196 188 175 195 184 170 148 January February... March. ApriL 164 154 150 144 137 134 129 123 May... June July. August 138 137 132 135 September. October.... November.. December.. January... February. March April 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average. GERMAN ¥.5 CANADA.* JAPAN AUSTRA- INDIA LIA.s (Tokyo).* (Calcutta)' Relative to 1913. Relative to July, 1914. 135 177 1OO 96 97 117 149 1OO 141 132 155 1,522 1,761 206 217 246 182 193 235 259 200 170 180 218 167 204 181 504 556 619 664 1,020 1,337 1,490 2,582 248 254 258 261 301 313 321 300 203 206 209 217 218 209 198 200 550 493 496 501 660 632 604 625 1,690 1,473 1,473 1,528 263 258 256 244 271 247 239 235 225 233 234 236 210 206 209 209 284 266 245 220 526 502 461 435 655 659 670 655 1,560 1,582 1,647 1,658 241 234 225 214 230 226 221 206 230 215 208 197 208 206 194 180 407 377 360 347 642 584 1,083 1,473 1,419 1,410 208 199 194 187 201 195 191 190 196 192 181 171 178 174 175 183 117 115 116 120 209 192 189 183 182 179 178 179 329 325 330 331 547 509 520 542 1,428 1,387 1,467 1,723 183 179 176 174 191 192 196 199 166 162 159 160 184 178 183 184 134 134 135 136 120 121 123 123 183 170 166 162 344 331 580 599 595 595 1,777 1,993 2,687 3,283 172 169 168 170 207 219 214 209 160 156 151 148 184 184 180 180 136 136 140 137 159 158 160 314 306 307 562 124 126 125 3,467 3,814 4,713 168 169 166 206 204 201 147 147 146 178 179 182 1OO 100 101 110 1OO 1930. 310 1921. 613 604 May.. June. i Dun's and BradstreeVs index numbers are calculated as of the first of each month, but really refer to prices in the preceding month. The index numbers have been calculated to a 1913 base from the actual figures published in these journals. Bradstreet'c index number is the sum of the prices per pound of 106 commodities. Dun1* i adex number covers about 300 commodities and is weighted on the basis of the amount " annually consumed by each inhabitant." * Compiled by the London Economist; quotations on 44 commodities, mostly raw materials, unweighted. * Compiled by Bulletin de la Statistique Generate of the French Ministry of Labor and Social Welfare; quotations on 45 commodities, mostly raw materials, unweighted. * Compiled by Prof. Bachi; quotations on 38 commodities until 1920, thereafter 76 commodities. 5 Compiled by the Frankfurter Zeitung; quotations on 70 commodities, unweighted. Prices are for 1st of the month. * Compiled by the Canadian Department of Labor; quotations on 272 commodities, unweighted. ' Compiled by the Bank of Japan; quotations on 56 commodities, unweighted. * Compiled by the Australian Commonwealth's Bureau of Census and Statistics; quotations on 92 commodities, weighted by consumption. * Compiled by the Indian Department of Statistics; quotations on 75 commodities. 121 LIFE INSURANCE—NEW BUSINESS. Table 83.—(A) INDEX NUMBERS AND (B)OTJMEBICALDATA. From trade and commercial sources.1 [Base year in bold-faced type.] ORDINARY INSURANCE ( 4 0 companies). YEAR AND MONTH. INDUSTRIAL INSURANCE (6 c o m panies). NumNumber of Value. ber of Value. policies. policies. GROUP TOTAL I N S U R - INSURANCE ANCE (40 com(11 c o m panies). panies). Value. Number of Value. policies. ORDINARY INSURANCE (40 c o m panies). Thousands of policies. Thousands of dollars. INDUSTRIAL INSURANCE (6 companies). ThouThousands of sands of policies. dollars. GROUP INSURANCE (11 c o m panies). TOTAL INSURANCE (40 companies). ThouNum- Thouber of sands of sands of policies. dollars. policies. Thousands of dollars. Relative to 1913. A.—INDEX NUMBERS. 1913 monthly a v . . . 100 1914 monthly a v . . . 100 1915monthlyav... 107 122 1916 monthly a v . . . 1917 monthly a v . . . 142 145 1918 monthly a v . . . 232 1919monthlyav... 265 1920 monthly a v . . . 212 1921 monthly a v . . . 1921. January February March April May June Julv... August September October November December 1922. January. February.. March April 1OO 97 104 127 150 157 273 332 274 193 212 246 246 253 227 300 224 292 205 267 191 250 191 231 200 250 267 311 311 192 244 224 317 172 232 193 274 226 318 1OO 108 113 109 109 114 122 132 145 100 106 112 113 119 127 150 179 202 B.—NUMERICAL DATA. 1OO 182 221 350 755 1,204 1,992 1,895 508 1OO 107 112 111 114 119 141 153 156 1OO 101 107 125 146 157 252 301 256 139 141 177 152 234 243 291 277 143 157 182 182 333,787 352,027 410,146 410,624 74 9 1 3 1 , 8 3 9 74 128,358 79 136,700 90 167,970 105 197,310 107 206,382 172 360,180 196 437,623 157 361,803 380 £51,909 55,217 410 58,128 429 58,645 415 61,484 414 66,099 433 77,901 465 93,044 500 104,813 550 4 4 8 25 60 55 134 149 51 91,445 487 484 621 507 93,357 91,866 118,478 95,759 40 43 43 48 5,974 5,324 9,581 6,709 629 641 803 689 433,118 449,217 538,205 513,092 2,628 3,188 5,052 10,908 17,401 28,785 27,377 7,335 4 5 4 $ 185,193 186,203 484 198,015 507 231,667 504 269,702 519 289,882 540 466,866 638 558,043 696 473,951 707 128 127 163 133 1 184 413 368 663 464 172 145 113 117 241 202 158 163 555 383 283 357 181 158 128 129 285 268 237 226 168 166 152 141 395,445 385,075 352,134 329,124 652 550 431 446 125,232 104,909 81,872 84,583 44 45 29 36 8,023 5,529 4,088 5,153 820 716 583 587 528,699 495,512 438,093 418,859 133 177 153 174 1S6 249 210 244 319 297 232 1,757 143 181 159 182 220 250 234 308 141 148 142 166 305,191 329,232 321,236 417,621 507 672 581 662 96,805 129,165 109,087 126,646 22 28 24 210 4,607 4,293 3,350 25,388 649 820 723 828 406,603 462,690 433,673 569,655 142 150 180 200 214 256 920 513 1,053 146 157 187 228 259 307 127 143 167 305,528 361,571 419,839 538 569 684 103,725 110,954 132,833 30 49 51 13,287 7,420 15,215 665 712 850 422,540 479,945 567,888 180 177 228 May June 1 Compiled by the A ssodation of Life Insurance Presidents. The data represent only new business that has been paid for, exclusive of revivals, increases, and dividend additions. The 40 companies whose new business is included in this table had in force 77.1 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31.1920. 122 BANKING. Table 84.—INDEX HTJMBEBS. Based on data from Government and non- Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] DEBITS TO INDIVIDUAL ACCOUNTS.* BANK CLEARINGS. CONDITION OF REPORTING MEMBER BANKS.* CONDITION O F FEDERAL R E S E R V E BANKS.' S A V I N G S DEPOSITS. Balance t o credit of depositors— I n New York City. Outside New York City. Relative to 1919. I n New York City Outside New York City.* Bills dis- Total Total inredecount- clrcu- serves. posits. ed. lation. 1 1 12 60 3 7 23 18 27 58 117 129 143 153 110 110 111 108 108 108 108 403 403 401 398 102 99 97 98 85 87 88 86 112 112 109 107 108 106 398 396 397 402 98 99 100 103 97 95 90 93 87 86 88 90 113 112 110 111 106 106 103 103 405 410 408 411 118 117 112 108 106 108 111 114 93 93 95 89 98 100 104 109 107 106 106 103 101 99 96 96 412 411 406 398 97 92 85 77 104 101 97 95 117 120 123 127 88 87 88 87 116 121 127 133 101 101 98 97 96 95 95 94 391 383 384 383 196 209 201 212 72 68 66 61 94 92 90 93 131 134 137 137 89 90 90 91 137 141 145 140 99 97 98 98 93 96 97 96 380 376 372 369 189 166 200 44 37 33 83 84 83 140 141 142 92 94 93 154 156 156 96 72 72 97 98 97 364 365 364 73 1OO 120 102 100 97 116 89 110 105 123 101 120 116 294 230 283 276 277 226 284 265 127 127 131 98 96 94 85 123 115 119 108 250 260 251 227 258 266 261 244 87 99 100 108 112 116 112 109 236 262 246 266 1921. January.. February March April 98 74 85 80 106 84 95 90 May June.. July August 85 87 80 75 September... October November December 1922. January. February... March April 100 87 122 90 100 99 90 109 115 116 117 95 95 94 95 104 108 103 103 130 126 129 138 119 119 119 122 96 96 97 97 258 269 245 246 140 145 141 140 125 128 127 128 236 184 212 197 221 178 211 181 127 124 118 107 88 89 85 85 201 214 195 185 188 196 188 189 79 87 86 101 89 95 85 100 199 203 213 234 94 81 100 95 84 99 219 195 237 91 May June 88 103 105 111 115 89 85 85 84 1OO 132 91 December 188 166 156 100 149 187 282 360 422 406 411 389 193 228 258 199 September... October 60 See foot notes on opposite page. Chicago district. Relative to 1913. Relative to 1920. 1OO 107 96 189 249 257 205 May June July August New U.S. York PhilaPostal State delphia Sav- Savings disings. Banks.6 trict. 100 111 101 1OO 118 91 1920. Januarv February March. April end of month. 100 1OO 97 104 137 164 100 99 85 1918 Tnnnthlv av 1919 monthly av 1920 monthly av 1921 monthly av Reserve ratio. Relative to 1919. Relative to 1913. 1OO 88 116 169 187 1913 monthly av 1914 monthlv av 1915 monthlv av 1916 monthlv av 1917 monthly av Notes 116 123 112 111 112 100 106 1OO 102 98 98 99 99 93 95 97 98 99 99 100 100 99 101 100 101 100 101 102 105 102 103 104 106 107 108 107 107 105 105 104 103 107 106 106 106 103 103 101 101 156 105 105 105 108 100 100 101 102 7 158 109 109 110 III YEAE AND MONTH. Total Net loans, dediscounts, mand deand invest- posits. ments. 139 147 149 154 152 123 BANKING. Table 85.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] DEBITS TO INDIVIDUAL ACCOUNTS.* BANK CLEARINGS. CONDITION OF FEDERAL RESERVE BANK.3 In New Outside In New Outside Bills Notes Total Total ReNew disin New York York count- circu- redeserve York York City. City.* City. ed. lation, serves. posits. ratio. City. YEAR AND MONTH. Per cent. Millions of dollars. 1913 mo 1914 mo 1915 mo 1916 mo 1917 mo $7,8S6 $6,120 6,918 5,916 9,184 6,381 13,298 8,366 14,784 10,052 av. av. av. av. av. 1918mo a v . . . 1919mo a v . . . $20,343 $17,536 20,670 1920 mo a v . . . 20,087 17,258 15,947 1921 mo a v . . . 14,878 19,650 20,261 16,194 11,801 13,944 15,801 12,168 1920. January February. March.... April $29 24 224 $89 185 606 $384 586 1,261 $1,154 1,158 1,911 1,991 1,738 1,936 2,618 2,190 1,937 2,557 3,154 2,126 1,922 1,763 2,664 2,672 1,744 CONDITION OF REPORTING MEMBER BANKS.* SAVINGS DEPOSITS. Balance to credit of depositors at end Total of month. loans, Net disdemand counts, New York PhiladeldeU.S. and Chicago State Postal phia invest- posits. savings Savings. banks. • district. district. ments. Thousands of dollars. Millions of dollars. 94.6 83.5 78.5 $39,750 $1,724,607 59,145 1,772,357 74,349 1,805,366 112,159 1,918,453 143,193 1,989,013 I 58.0 50.2 $15,143 43.5 16,862 61.5 15,293 $9,260 10,576 11,302 10,178 167,653 161,373 163,434 154,508 23,636 18,053 22,285 21,319 21,548 17,653 21,079 20,279 23,210 18,144 22,333 21,800 16,960 13,857 17,369 16,212 2,174 2,454 2,449 2,535 2,851 3,020 3,048 3,075 2,074 2,083 2,057 2,071 2,019 2,101 1,995 1.996 44.5 42! 5 42.7 42.4 16,622 16,671 16,819 16,930 11,481 11,463 11,496 11,464 160,384 160,387 159,240 158,230 May.... June July.... August. 19,859 19,528 19,063 17,371 21,516 20,251 20,847 IS, 963 19,742 20,509 19,832 17,887 15,786 16,290 15,987 14,911 2,519 2,432 2,492 2,667 3,107 3,117 3,120 3,204 2,092 2,109 2,129 2,128 1,980 1,916 1,872 1,905 42.7 43.6 44.2 43.2 16,946 16,932 16,858 16,930 11,561 11,347 11,401 11,252 158,136 157,276 157,618 159,675 September October November December 17,599 20,136 20,308 21,888 19,596 20,367 19,569 19,136 18,602 20,661 19,434 20,981 15,784 16,438 14,973 15,048 2,704 2,801 2,735 2,719 3,280 3,351 3,326 3,345 2,152 2,195 2,249 1,882 1,846 1,751 1,799 43.6 43.1 44.4 45.4 17,140 17,017 16,732 16,750 11,161 11,172 10,892 10,942 161,150 162;810 162,352 163,434 1921. January... February.. March April 20,033 15,130 17,353 16,349 18,604 14,785 16,719 15,767 18,573 14,529 16,682 15,536 13,550 10,915 12,889 11,052 2,456 2,396 2,287 2,064 3,091 3,052 2,931 2,830 2,320 1, 2,357 1,809 2,422 1,841 2,505 1,726 49.0 50.1 52.0 54.8 16,263 16,099 15,983 15,603 10,643 10,495 10,186 10,138 163,656 163,356 161,249 158,097 May.... June July.... August. 17,297 17,628 16,340 15,186 15,348 15,619 14,984 14,833 15,847 16,849 15,355 14,556 11,520 11,967 11,478 11,541 1,870 1,772 1,650 1,492 2,735 2,634 2,538 2,481 2,558 2,625 2,685 2,788 1,706 1,686 1,695 1,691 58.1 60.8 63.7 66.8 15,346 15,333 14,890 14,762 10,153 10,046 10,002 9,968 155,395 152,390 152,500 152,400 September.. October November.. December.. 16,102 17,610 17,492 20,575 15,564 16,684 14,900 17,554 15,079 16,027 16,822 18,476 11,980 12,817 12,309 12,994 1,403 1,309 1,282 1,180 2,457 2,409 2,366 2,443 2,879 2,937 2,990 2,992 1,717 1,739 1,743 1,765 68.8 70.6 72.7 70.2 14,957 14,729 14,765 14,780 9,866 10,192 10,274 10,174 151,150 149,400 148,000 146,500 1922. January February... March April 19,065 16,543 20,377 16,642 14,730 17,367 17,296 15,340 18,720 11,577 10,157 12,266 850 708 636 2,184 2,197 2,182 3,059 3,081 3,103 1,779 1,818 1,805 77.2 78.1 78.4 14,534 10,918 10,842 10,271 10,349 10,309 144,700 145,000 144,500 2,016,866 2,223,216 2,465,491 $389,559 $731,246 2,635,572 414,765 747,775 I I 380,493 382,474 384,226 385,660 683,000 695,422 708,672 716,464 385,231 386,346 388,182 388,681 724,371 738,678 732,644 737,692 391,439 394,235 397,192 410,551 745,278 755,168 763,030 774,533 416,540 418,981 418,389 416,813 768,885 765,255 757,195 750,947 415,886 414,349 413,893 412,108 750,133 753,315 742,076 734,948 2,696,120 409,904 409,579 409,463 421,274 732,310 733,370 737,963 746,898 72,716,533 425", 438 426,470 426,837 735,338 737,989 737,074 2,398,329 2,532.653 2,574,697 2,648,432 2,623,039 May.. June.. 1 Figures for Debits to individual accounts, Condition of Federal Reserve Banks, and Condition of reporting member banks are from the Federal Reserve Board; Bank clearings from Bradstreets; New York State Savings banks deposits from Savings Banks Association of the State of New York; Savings deposits (in both commercial and savings banks) in the Third Federal Reserve district at end of month from Federal Reserve Bank of Philadelphia; Savings deposits (in both commercial and savings banks) in the Seventh Federal Reserve district at end of month from Federal Reserve Bank of Chicago; Postal savings from U. S. Post Office Department. * Debits of banks in about 150 of the larger clearing-house centers, covering weekly totals, the first and last weeks of the month being prorated. 8 Condition as of last Wednesday of the month. 4 Includes reports from more than 800 banks in the leading cities in the United States on condition at last Wednesday of month. s Includes 130 cities. « Yearlyfiguresfrom 1914 to 1920, inclusive, are averages of deposits on June 30 and December 31 of each year; 1913 figures are for December 31; 1921 is average of quarterly figures. 7 Approximate figure calculated from deposits and with drawals. 124 INTEREST RATES, SECURITY PRICES, AND ISSUES. Table 86.—INDEX NUMBEBS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] INTEREST RATES.' Y E A B AND MONTH. New York call loans. Commercial doablename paper, days. 25 industrials. 25 railroads. 10 highest grade rails. 10 secondgrade rails. 1918 monthly average... 1919 monthly average... 1920 monthly average... 1921 monthly average... 10 public utility bonds. 10 industrial bonds. Combined index (40 bonds). Municipal bonds. 100 1OO 1OO 108 78 100 1OO 04 60 60 130 89 1OO 80 59 167 95 103 107 82 147 83 NEW MUNICIPAL BOND ISSUES.« Permanent loans (long term). ]Relative to Relative to 1915. Relative to 1913. 1913 monthly average... 1914 monthly average... 1915 monthly average... 1916 monthly average... 1917 monthly average... BOND YIELDS.' BOND PRICES.* STOCK 1PRICES.' 1OO 1OO 93 109 Temporary loans (short term). 1913. 100 59 1O0 1OO 1OO 95 121 32 103 105 108 105 91 122 61 97 96 98 101 98 96 109 81 98 100 166 101 139 74 89 88 87 98 91 103 64 205 94 182 75 87 88 84 100 90 101 189 93 246 127 184 68 79 77 70 85 78 112 189 137 189 113 137 64 83 81 73 78 78 114 348 158 252 1920. 283 103 207 68 83 82 76 96 84 102 254 February March April 313 111 184 66 81 78 73 91 80 105 114 105 253 116 202 70 81 79 74 90 81 109 205 308 231 117 212 68 77 76 71 88 77 107 185 161 Mav June July August 220 124 190 65 74 73 09 83 75 112 133 47 228 134 192 64 75 74 68 82 75 117 132 76 264 135 191 65 77 74 68 82 75 118 235 21 226 138 177 66 79 75 66 81 75 118 191 86 September October 226 138 181 71 81 79 68 82 77 118 206 138 241 138 177 74 84 83 74 85 81 116 184 190 November . December 253 137 155 70 82 80 72 83 79 114 190 130 217 136 144 64 79 77 68 79 75 112 240 134 150 1921. 210 135 146 66 83 81 70 83 79 114 224 February March April 228 134 149 65 82 79 71 84 78 113 219 102 216 132 143 63 81 78 71 80 77 114 189 261 203 131 147 62 81 78 72 80 77 115 281 310 Mav 214 120 148 65 80 79 72 80 77 115 226 173 196 117 131 61 78 77 70 77 75 116 373 112 j July 179 111 127 64 81 79 72 70 77 118 320 107 I 179 103 121 64 82 81 73 76 78 118 355 102 September October November December 162 102 128 65 83 83 75 77 79 117 312 183 165 97 130 64 83 83 75 73 78 115 371 148 159 90 135 66 88 87 77 79 81 112 381 115 160 89 140 66 91 80 80 77 84 101 921 127 143 85 143 65 93 91 83 102 91 98 226 33 155 84 \49 68 92 91 84 102 92 99 255 120 137 83 154 70 93 93 88 102 94 99 364 162 1922. January February. March April May June . -. See footnotes on opposite page. 125 INTEREST RATES, SECURITY PRICES, AND ISSUES. Table 87.—NUMERICAL DATA. From commercial and trade sources.1 Base year in bold-faced type; index numbers on opposite page.J INTEREST RATES.* YEAR AND MONTH. New York call loans. Commercial doublename paper, 60-90 days. 25 Industrials. 25 railroads. 10 highest grade rails. 10 second grade rails. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 3.18 3.45 1.91 2.53 3.40 5.78 4.52 3.44 3.42 4.73 858.15 58.23 75.66 97.31 85.33 882.92 77.89 73.39 78.87 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average.. 5.27 6.51 7.82 6.02 5.86 5.42 7.34 6.55 81.01 106.08 107.21 79.76 1920. January February March April 9.00 9.94 8.06 7.35 5.98 6.41 6.69 6.78 120.51 May.... June July.... August. 7.00 7.25 8.40 7.19 7.16 7.72 7.83 8.00 110. 77 111.83 September.. October November.. December.. 7.19 7.65 8.06 6.90 1921. January February March , April , 10 public utility bonds. 10 industrial bonds. Combined Index (40 bonds). NEW MUNICIPAL BOND ISSUES.* PermaMunic- nent loans Temporary loans ipal (long (short bonds. term). term). Per cent of par. Dollars per share. Per cent. BOND YIELDS.5 BOND PRICES. 4 STOCK PRICES.* Percent. ! 834,049 37,159 41,049 41,450 37,078 840,268 23,838 12,894 24,367 32,704 Thousands of dollars. 89.79 92.45 87.43 75.55 78.00 72.42 73.82 77.59 72.36 70.51 75.89 71.35 76.76 80.49 75.58 4.45 4.16 4.23 4.06 4.26 61.39 62.10 56.07 53.31 80.02 77.89 71.33 74.39 66.12 66.33 58.54 61.43 63.89 61.77 51.99 53.92 69.36 70.76 60.12 55.28 69.84 69.07 59.70 60.15 4.60 4.49 5.00 5.08 21,902 64,183 64,472 118,385 39,428 37,508 55,341 63,503 56.27 55.03 58.32 56.14 74.63 72.31 72.46 69.17 61.78 59.13 60.06 57.05 55.80 54.06 54.50 52.38 67.50" 64.44 63.70 61.71 64.18 61.77 62.03 59.45 4.56 4.66 4.83 4.77 86,647 38,858 70,161 63,102 101,684 42,310 123,990 64,866 110.81 102.82' 54.29 53.02 53.97 54.97 66.82 67.72 68.97 70.89 55.26 55.89 55.74 56.71 50.65 50.56 50.01 48.70 58.81 58.17 57.85 57.27 57.29 57.45 57.37 57.36 4.99 5.19 5.26 5.25 45,183 45,031 79,915 65,293 18,742 30,684 8,534 34,607 7.97 8.00 7.94 7.88 105.06 102.94 89.88 83.83 58.50 61.48 57.89 53.02 72.77 75.03 73.86 71.35 59.66 62. 75 60.68 57.82 50.18 54.30 52.83 49.88 58.03 59.66 58.61 55.73 59.12 62.07 60.64 57.72 5.27 5.18 5.06 4.97 70,713 62,592 64,613 81,557 55,763 76,592 52,318 53,997 7.25 6.88 6.45 7.81 7.75 7.63 7.58 85.04 86.47 83.34 85.38 54.62 53.86 51.94 51.26 74.92 73.81 73.14 72.52 60.89 59.91 59.13 59.13 51.41 52.09 52.19 52.85 58.81 58.98 56.13 56.42 60.41 60.25 59.21 59.39 5.06 5.05 5.07 5.11 76,181 74,450 64,388 95.550 60,586 41,270 105,252 124,930 May.... June July.... August. 6.81 6.22 5.70 5.69 6.94 6.75 6.40 5.94 86.32 76.40 73.85 70.45 54.19 50.70 53.35 53.48 72.25 70.31 72.56 73.66 59.84 58.17 60.06 61.08 52.88 51.67 53.04 53.87 56.16 54.06 53.66 53.69 59.46 57.75 58.89 59.59 5.12 5.18 5.26 5.24 76,961 126,931 109,040 121,027 70,007 45,482 42,930 41,249 September.. October November.. December.. 5.15 5.25 5.06 5.10 5.90 5.63 5.19 5.13 74.28 75.36 78.76 81.55 53.74 52.97 54.77 54.80 74.72 74.52 78.59 81.62 62.75 62.83 65.80 67.59 55.10 55.63 57.18 59.12 54.41 51.16 55.69 54.22 60.74 59.83 62.13 64.10 5.22 5.13 5.00 4.50 106,270 126,380 129,692 313,746 73,529 59,543 46,184 51,075 1922. January February March April , 4.56 4.94 4.35 4.90 4.88 4.80 82.91 86.42 89.30 54.20 56.41 58.15 83.23 82.95 83.33 68.46 68.47 70.06 61.07 62.34 64.65 71.63 72.07 71.80 70.22 70.71 71.85 4.38 4.41 4.39 77,028 86,960 123,891 13,228 48,157 65,231 106.96 117.74 123.35 May. June. 1 Interest rates from the Commercial and Financial Chronicle; bond prices from Dow, Jones & Co.; bond yields and new municipal bond issues from The Bond Buyer; and stock prices from the Annalist. *New York market rates as compiled by the Commercial and Financial Chronicle. « Closing prices of the month on New York Stock Exchange as compiled by the Annalist. * Average of 40 bonds compiled by Dow, Jones & Co. 5 Average market yield of bonds of 20 large cities at the first of each month compiled by The Bond Buyer. «Sales by states and municipalities of new bond issues as compiled by The Bond Buyer. 126 GOLD AND SILVER. Table 88.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Front Government and non-Government sources.1 [Base year in bold-faced type.] SILVER. GOLD. Do- mesPrice Price In I m - Ex- tic re- Band Im- Ex- Pro- In ports. ports. ceipts. out- ports. ports. duc- New Lontion. York. don. at put. Domes- tic ImExports. ports. receipts Band output. Fine ounces. Ounces. at mint. mint. YEAB AND MONTH. Thousands of dollars. Relative to 1913. A.—INDEX NUMBERS. 1913 mo. av. 1 0 0 1914 mo. av. 90 1915 mo. av. 709 1916 mo. av. 1,077 1917 mo. av. 867 1OO 243 34 170 1918 mo. av. 97 1919 mo. av. 120 1920 mo. av. 673 1921 mo. av. 1,099 1920. January February March April 1OO 105 3,422 30,682 26,841 1,969 250 12,018 4,473 16 985 48,522 218 185 195 217 85 112 112 90 149 134 107 83 110 136 86 114 148 199 249 246 403 381 181 102 177 82 80 58 96 48 351 26 42 95 93 92 54 5,170 6,378 35,729 58,333 1OO 92 45 401 405 $7,650 18,551 2,619 12,999 30,990 1OO 92 107 90 76 111 85 85 162 186 169 105 95,309 4,782 37,J663 57,166 46,038 1OO 108 1OO 72 96 172 207 223 134 47,758 43,048 47 050 44,622 670,503 625,330 707 036 686,979 8,817 24,628 12,471 15,865 9 441 13 939 10 705 16,413 15 688 26,765 19,818 15,378 7 562 5.320 21,873 24,986 699,041 715,957 736,099 702,083 8 083 6 562 6 496 4,420 39,110 116,762 56,889 44,660 17,129 25,931 19,870 17,058 682,173 662,472 633,737 636,204 2,725 1,036 66,664 66,322 70,775 71,303 1,063 320 914 295 417 316 358 471 303 266 314 220 210 200 296 504 99 70 95 98 270 220 131 84 172 152 373 290 286 327 100 96 217 148 105 86 154 161 September 737 2,199 October November . 1,072 841 December 224 339 260 223 93 217 164 168 155 126 157 140 130 108 216 197 185 1921. 719 January February... 833 1,646 March 1,538 April .. 36 14 9 5 45 45 48 48 162 163 130 110 128 102 56 44 110 99 94 99 145 126 118 124 38,145 43,986 87,372 80,662 May Jrme July August 45 43 60 263 72 77 72 70 72 100 98 1 151 45 27 98 63 94 93 94 97 233 121 1,211 1,624 14 10 49 9 124 127 136 138 58,226 43,844 64,268 86,239 September.. 1,253 889 October November.. 978 December.. 597 31 99 8 25 38 87 67 61 94 97 96 93 153 251 198 185 95 91 92 137 76 85 68 70 111 145 150 141 129 66,500 47,135 51,937 31,685 1922. January February... March April .. 11 23 13 51 45 48 46 11 31 217 160 233 76 136 101 71 70 75 110 127 123 121 26,571 28,701 33,488 June Julv August 1,097 826 500 541 631 90 86 87 89 76 92 93 222 109 60 116 88 98 109 80 101 103 119 114 110 109 108 290 308 269 152 148,050 7 3 2 , 7 7 9 9 2 , 9 8 9 S 5 , 2 3 1 5,567 3 0 . 5 9 8 .548 155,083 698,275 2,163 4,300 6,038 157,830 .497 757,823 2,874 4,467 6,247 772,128 133,597 .657 2,689 5,883 6,201 5,978 112,495 4,445 7,011 .814 751,855 5,948 21,071 7,451 19,918 7,338 9,468 5,277 4,298 92 85 96 94 Mav Price In London. Thou- Dollars Pence per Thousands of sands of per standard ounce, fine fine dollars. ounces. ounce. 0.925 fine. 701,722 694,174 679,801 676,216 624 563 615 583 226 84 Price ImEx- ProIn ports. ports. duc- New tion. York. B .—NUMERICAL DATA. 1OO 82 1OO 95 103 105 103 SILVER. GOLD. 710 384 774 3,734 672 2,400 7,576 607 1,950 863 1,732 986 86,472 71,093 62,377 80,183 27.573 25.313 23.675 31.315 40.851 .968 1.111 1.009 .627 47.516 57.059 61.590 36.841 1.328 1.313 1.255 1.198 79.846 85.005 74 194 68 848 6 862 4,416 5,494 4,489 1 026 .909 .920 .962 60 010 51.096 53.736 59.875 6 501 4,912 5,025 4,626 6,577 5,709 3,144 6,081 .937 .835 .777 .648 59.476 54.197 50.952 41.845 651,593 558,137 671,123 681,382 4,835 4,862 3,872 3,298 6,691 5,337 2,919 2,319 4,907 5,465 6,077 4,437 .660 .592 .560 .593 39.985 34.745 32.479 34.250 67,052 63,821 88,474 93,128 687,776 678,490 689,555 711,526 6,956 3,627 4,513 7,853 2,353 1,424 5,113 3,743 4,277 4,022 3,902 4,017 .598 .585 .603 .616 34.165 34.971 37.481 38.096 56,251 128,643 99,379 90,388 691,096 707,825 704,236 681,847 4,565 7,510 5,912 5/516 4,947 4,782 4,804 7,145 4,212 4,724 3,790 3,897 .662 .710 .682 .658 40.082 41.442 38.750 35.645 75,919 66,608 70,629 335,000 77,000 6,498 4,771 6,953 3,977 7,092 5,307 3,038 3,878 4,186 .655 .653 .644 35.035 33.891 33.269 227,728 5,651 4,723 4,714 4,477 May June i Imports and exports of gold and silver are from the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce; Domestic receipts of unrefined gold at U. S. mints from U. S. Treasury Department, Bureau of the Mint; Silver prices, average for the month, and Rand gold output from the Engineering and Mining Journal; production of silver by mines of United States from American Bureau of Metal Statistics, except annualfiguresprevious to 1921, which are from U. S. Department of Interior, Geological Survey. 127 CORPORATION STOCKHOLDERS. Table 89.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from commercial and trade sources.1 [Base year in bold-faced type.] PENNSYLVANIA RAILROAD CO. Stockholders. Stockholders. YEAB AND MONTH. Domestic. Foreign AMERICAN TELEPHONE PENNSYLVANIA AND TELE- RAILROAD CO. GRAPH CO. U. S. STEEL CORP., (COMMON STOCK). Domestic. Foreign. Stockholders. Per centage of shares held DoFormesby eign. tic. brokers. Stockholders. Domestic. Relative to 1913. Foreign^ Stockholders. Stockholders. Domestic. Foreign. Percentage of shares held by brokers. Number. Domestic* Foreign. Number. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 quarterly average 1914 quarterly average 1915 quarterly average 1916 quarterly average 1917 quarterly average 100 108 112 117 128 100 105 105 61 20 1OO 115 «101 95 107 1OO 111 «129 61 78 100 91 89 107 101 1OO 107 117 127 148 100 113 1918 quarterly average 1919 quarterly average 1920 quarterly average 1921 quarterly average 141 153 174 190 16 15 13 15 155 177 213 252 97 96 85 88 84 79 59 44 1920. March . June . , September December 167 172 176 181 14 14 13 13 198 207 216 228 87 86 84 82 1921. March June September December 188 192 190 191 13 12 12 26 249 251 254 256 191 26 254 . . . AMERICAN TELEPHONE AND TELEGRAPH CO. U. S. STEEL CORP., (COMMON STOCK). 72,714 122 114 96 78,682 81,603 85,343 93,331 11,258 11,839 11,816 6,884 2,235 41,436 47,777 «42,020 39,365 44,531 1,529 1,697 «1,980 939 1,191 51.48 46.73 45.87 55.08 51.88 180 217 247 308 110 119 122 193 102,798 111,316 126,424 138,450 1,773 1,727 1,500 1,743 64,314 73,510 88,085 104,621 1,484 1,475 1,300 1,341 65 62 60 49 231 247 252 259 113 113 113 149 121,326 124,943 127,768 131,659 1,595 1,525 1,472 1,409 82,246 85,909 89,665 94,520 84 87 89 90 47 44 42 42 272 289 325 345 170 188 206 209 137,007 139,702 138,243 138,847 1,386 1,373 1,362 2,852 91 43 368 213 138,895 2,915 53,205 56,932 62,279 67,504 78,597 1,041 1,175 1,270 1,187 999 43.22 40.65 30.35 22.45 96,035 115,482 131,643 163,753 1,143 1,239 1,267 2,013 1,337 1,320 1,287 1,256 33.46 32.09 30.69 25.17 122,999 131,558 134,112 137,901 ! 1,173 1,173 1 -^7 103,093 103,976 105,355 106,061 1,283 1,334 1,368 1,379 24.27 22.61 21.49 21.44 144,716 153,649 172,970 183,676 1,774 1,953 2,146 2,180 105,261 1,399 22.02 195,608 2,217 1.174 1922. March June i These data showing the growth of stockholders in three prominent companies—a railroad, a public utility, and an industrial—have been furnished direct by the respective companies and represent the number of holders of common stock on their books at the end of each quarter, i. e., Decemberfiguresare for Dec. 31 or Jan. 1. 1 Dec. 31 figures; other quarters of 1915 not available. 128 BUSINESS FINANCE. Table 90.—INDEX NUMBERS. Baaed on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] BUSINESS FAILURES. YEAH AND MONTH. Firms. Dividend and New New Liabili- interest capital incorpoties. payissues. rations. ments. TELEGRAPH EARNINGS. TELEPHONE EARNINGS. CORPORATION FINANCES. Total operating revenues. Net operating income. Commercial tele- Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly av.. av.. av.. av.. av.. 100 114 138 106 86 1OO 131 111 72 67 1OO 101 105 120 134 1OO 87 87 133 93 NEW YORK STOCK EXCHANGE SALES. Telegraph and OperMiscelStocks laneous Liberty, Total ating cable Victory oper- income. (shares). bonds. b o n d s . bonds. ating revenue. Relative to 1913. Relative to 1919. 1OO 70 96 161 217 100 104 111 125 142 1OO 100 112 129 127 78 76 105 1OO 58 209 280 222 125 138 146 204 83 1OO 120 106 84 1OO 116 103 78 1OO 88 77 173 377 270 206 Relativeto 1919. 58 80 112 132 87 17 13 18 26 31 28 124 162 49 1OO 99 73 53 1OO 105 94 62 40 55 123 60 42 108 230 170 179 192 200 82 184 189 160 106 613 725 385 154 188 231 276 1920. January "February March April 43 37 42 38 32 43 56 58 269 111 181 241 247 148 201 344 1,324 673 798 786 218 214 226 236 168 163 157 149 111 107 123 122 112 105 121 116 124 73 110 91 284 314 416 404 110 100 122 99 116 96 93 115 114 97 99 111 May June July August. 41 50 51 50 48 145 96 125 161 192 230 119 179 194 176 123 823 768 732 546 243 241 240 242 152 133 103 121 119 123 121 125 116 120 118 119 92 94 87 96 236 133 179 198 95 90 87 98 126 105 71 57 119 101 75 67 October November December . 51 69 79 114 130 171 135 259 160 253 168 221 106 247 129 173 552 685 520 500 250 253 243 251 155 155 148 162 124 122 110 113 119 121 111 112 86 91 63 68 221 197 320 344 156 177 158 199 72 85 87 171 91 106 103 178 1921. January "February March April 142 123 100 111 229 268 297 170 244 112 188 238 188 218 101 285 722 380 554 573 262 253 271 277 173 181 213 232 108 98 112 103 104 94 107 101 42 37 93 75 231 147 230 221 157 100 122 129 77 63 57 57 95 71 72 74 MaV June July August 101 99 108 117 251 152 188 189 161 197 230 117 130 131 124 101 349 392 164 337 278 280 275 278 223 218 184 193 107 109 103 108 102 105 99 105 76 88 50 78 246 262 134 159 159 129 154 141 54 92 60 54 78 101 82 74 September October November December 110 128 149 183 163 234 235 385 160 241 167 218 150 75 187 232 284 292 214 359 275 289 287 288 219 220 220 172 110 110 99 104 107 108 98 104 112 86 80 111 185 186 221 255 168 166 257 265 87 92 91 93 106 109 129 132 1922. January February March April 204 174 184 325 320 315 243 115 189 232 153 148 207 490 343 425 291 282 220 218 98 91 95 88 64 54 222 234 328 26S 263 333 97 52 76 136 100 136 1918 monthly 1919 monthly 1920 monthly 1921 monthly av.. av.. av.. av.. May Jnn« See footnotes on opposite page. 67 100 129 BUSINESS FINANCE. Table 91.—NUMEEICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] Total Liabllicommercial. YEAR AND MONTH. TELEPHONE EARNINGS. CORPORATION FINANCES. BUSINESS FAILURES. Dividend and interest payments. New capital issues. Number of firms. New incorporations.' Total Net operat- operating ing revinenues. come. NEW YORK STOCK EXCHANGE SALES. TELEGRAPH EARNINGS. ComTelemercial graph OperatMiscella- Liberty and tele- and cable ing Stocks. neous inbonds. Victory operating come. bonds. revenue. SB? Thousands of shares. Thousands of dollars. $ 1 , 3 3 6 322,723 $ 1 4 8 , 1 0 3 $137,145 $172,301 $13,132 120,306 13,722 1,523 119,710 29,826 148,948 14,527 1,846 164,915 119,613 25,191 155,426 16,452 1,416 276,925 16,351 182,208 177,919 18,700 1,155 373,198 15,203 127,498 199,095 $3,710 3,709 4,139 4,785 4,700 $5,898 20,225 24,635 30,320 36,265 4,649 5,104 5,415 7,573 6,287 7,596 9,113 8,043 2,280,461 1,158,861 1,375,797 1,354,262 28,634 28,045 29,651 30,981 6,232 6,062 5,808 5,542 8,455 8,114 9,338 9,281 11,316 245,053 266,384 240,893 168,136 1,417,614 1,323,221 1,260,419 941,288 31,849 31,703 31,501 31,727 5,634 4,949 3,838 4,499 9,005 9,354 9,169 9,522 11,703 237,252 874,059 249,216 326,979 145,023 338,793 176,700 237,208 950,953 1,179,801 895,563 860,803 32,888 33,123 31,933 32,903 5,768 5,759 5,501 5,983 9,452 9,285 8,331 8,546 12,010 52,137 60,852 67,409 38,568 361,070 165,220 277,846 351,981 257,423 298,708 138,701 390,668 1,243,460 654,376 954,700 987,895 34,394 33,206 35", 650 36,398 6,434 6,706 7,896 8,183 7,412 8,535 7,823 10,480 1,356 1,320 1,444 1,562 57,066 34,639 42,774 42,904 238,061 292,168 340,166 173,802 177,638 179,114 170,474 138,929 601,044 675,978 281,759 580,141 36,560 36,743 36,160 36,566 8,275 8,084 6,829 7,178 8,123 8,283 7,805 8,239 September.. October November.. December.. 1,466 1,713 1,988 2,444 37,021 53,059 53,470 87,502 236,500 356,779 247,877 322,497 205,792 103,149 255,938 318,335 489,846 503,394 367,956 618,572 36,067 37,905 37,657 37,871 8,132 8,168 8,172 6,398 8,333 8,371 7,526 7,884 1922. January February... March...... April 2,723 2,331 2,463 73,796 72,608 71,608 359,800 169,815 280,600 342,881 209,662 202,749 283,724 843,653 591,404 731,866 38,183 36,998 8,149 8,073 7,451 6,950 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av.. av., av. av. av. 1918 mo. 1919 mo. 1920 mo. 1921 mo. av. av. av. av. 834 538 740 1,638 13,585 9,441 24,593 52,283 252,061 265,764 284,573 295,830 112,068 251,764 258,886 219,572 183,275 1,056,519 1,249,920 663,262 1920. January February... March April 569 492 566 504 7,240 9,763 12,699 13,224 398,012 164,731 267,990 356,921 338,415 202,528 275,771 471,726 May.... June.... July.... August. 547 674 681 673 10,826 32,991 21,906 28,373 238,291 285,050 340,855 175,619 September.. October November.. December.. 677 923 1,050 1,525 29,554 38,915 30,758 58,872 1921. January February... March April 1,895 1,641 1,336 1,487 May.... June July.... August. Total bonds. Thousands of dollars. $41,499 56,959 79,623 94,199 61,866 $1,711 $6,924 3,992 14,448 19,404 15,378 1,282 8,477 10,095 1,636 11,698 1,438 10,371 1,265 11,948 26,073 18,728 14,287 2,022 1,199 1,802 1,489 19,654 21,730 28,795 27,976 78,406 71,142 86,804 70,550 273,679 227,194 219,405 271,362 352,085 298,336 306,209 341,912 1,500 1,539 1,423 1,572 16,371 9,197 12,395 13,698 67,459 63,915 62,016 70,079 298,757 248,207 168,460 135,445 366,216 312,122 230,476 205,524 1,399 1,496 1,034 1,112 15,317 13,614 22,157 23,829 111,564 126,344 112,862 141,612 170,189 201,231 205,402 405,539 281,753 327,575 318,264 547,151 1,524 1,228 15,976 10,147 15,907 15,273 112,065 71,300 87,072 92,283 181,421 149,014 135,918 135,429 293,486 220,314 222,990 227,712 1,251 1,434 816 1,270 17,032 18,174 9,295 10,992 113,177 92,132 109,535 100,246 128,023 217,741 143,182 127,718 241,200 309,873 252,717 227,964 1,835 1,409 1,311 1,815 12,807 12,883 15,332 17,622 119,819 118,408 183,320 207,123 218,018 214,625 219,342 326,942 336,426 397,945 408,222 1,042 15,394 16,185 22,734 191,216 187,368 237,852 228,613 121,981 180,630 419,829 309,349 418,491 $7,674 10,648 12,256 11,735 12,140 11,937 12,012 12,167 11,199 11,311 9,457 10,772 10,163 10,315 10,601 9,989 10,615 10,812 10,913 9,857 10,486 9,586 8,932 40,842 $41,499 56,959 79,623 94,199 85,690 47,544 117,059 164,603 71,322 236,814 308,136 235,406 88,563 323,969 173,129 115,686 288,816 May.. June. 1 Except telephone earnings, which are combined reports of 10 largest telephone companies, and telegraph earnings, which are combined reports of the Western Union and Postal Telegraph Companies, as reported to the Interstate Commerce Commission. Business failures are from Dun's Review; Dividend and interest payments, New capital issues, and New incorporations from the New York Journal of Commerce; Stock sales from The Annalist; and Bond sales from Dow, Jones & Co. » Represents the value of the authorized capital of new enterprises incorporated in the principal eastern states. 100797°—22 9 130 PUBLIC FINANCE. Table 92.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources. 1 [Base year in bold-faced type.] U. S. GOVERNMENT DEBT. YEAR AND MONTH. U. S. GOVERNMENT FINANCES. Total Cus- Total inter- Liber- toms ordity 4 estnary rebear* loans. ceipts.s Ing.6 ceipts.* Relative to 1919. MONEY IN CIRCULATION.* U. S. GOVERNMENT DEBT. OrdiCusTotal nary Total Liberty Ordinary toms ordinary disbursedisinterest- Loans. 4 Total. Per receipts.1 receipts.* ments.* bursecapita. bearingJ ments' Relative to 1913. Relative to 1919. Millions of dollars. A.—INDEX NUMBERS. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.. 4 4 11 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average.. 48 100 96 94 45 100 101 100 97 98 102 101 101 101 108 101 129 105 423 380 1,821 526 May.... June July.... August. 98 95 95 95 99 99 98 98 110 129 116 110 427 2,164 382 660 September.. October November.. December.. 95 94 95 94 98 90 96 82 70 January.. February. March.... April 94 94 94 94 98 97 97 97 May.... June July.... August. 94 94 93 94 96 96 95 95 September.. October November.. December.. 94 92 93 92 95 94 94 94 92 92 91 92 100 92 66 67 71 100 101 57 58 101 576 642 U. S. GOVERNMENT FINANCES. MONEY IN CIRCULATION.' Total. Per capita. Millions of dollars. Dollars. 956,898 58,355 60,950 60,374 95,658 Thousands of dollars. B.—NUMERICAL DATA. 826,573 • 6 0 , 3 4 3 61,223 24,360 58,159 17,482 64,972 17,766 93,181 18,830 84 1966 968 970 972 2,713 $1,466 $4,018 $38.59 93 100 109 99 11,986 25,234 24,336 23,598 9,313 20,726 20,537 19,828 15,228 15,286 26,961 26,160 347,834 387,300 536,006 414,323 747,211 1,280,447 422,039 370,485 4,500 4,915 5,385 4,927 42.53 46.00 50.29 45.62 108 104 107 107 108 104 107 107 25,424 25,161 24,455 24,707 21,068 20,976 20,904 20,829 28,629 26,779 34,378 27,918 255,388 229,527 1,099,041 317,258 348,294 295,457 537,541 505,329 5,312 5,110 5,278 5,273 49.81 47.88 49.41 49.33 834 539 787 108 109 110 110 108 109 109 109 24,736 24,061 23,985 24,091 20,488 20,409 20,389 20,377 29,129 34,302 30,694 29,328 257,501 1,305,837 230,367 398,401 395,475 474,362 306,502 447,571 5,291 5,353 5,381 5,385 49.45 50.00 50.19 50.22 1,510 365 456 1,544 873 750 749 711 112 113 114 114 111 112 114 113 23,853 23,825 23,939 23,745 20,329 20,312 20,088 20,269 24,036 25,600 21,185 18,555 911,307 220,035 275,421 931,989 496,777 426,497 426,092 404,575 5,480 5,553 5,617 5,584 51.06 51.70 52.26 52.13 98 80 110 152 360 412 1,527 491 682 617 943 868 112 107 106 103 112 106 105 102 23,756 23,820 23,741 23,760 20,228 20,165 20,102 20,056 25,925 21,153 29,204 40,417 217,328 248,564 921,628 296,171 388,179 351,102 536,476 494,091 5,501 5,233 5,206 5,051 51.29 48.73 48.41 46.91 96 93 75 371 1,243 346 402 648 825 566 512 102 102 101 101 98 95 23,710 23,739 23,534 23,680 19,995 19,844 19,776 19,611 25,485 24,723 19,796 26,449 223,706 750,017 209,068 242,443 368,451 469,614 321,819 291,158 5,020 5,012 4,866 4,737 46.57 46.43 45.02 43.77 93 98 1,142 394 324 1,227 468 535 570 580 95 95 94 93 94 93 92 91 23,675 23,201 23,365 23,189 19,717 19,537 19,491 19,408 23,357 26,408 24,843 26,155 237,848 195,483 740,293 266,524 304,158 324,483 329,766 4,672 4,663 4,607 4,553 43.11 42.98 x 42.41 X 41.85 103 127 152 317 291 913 406 320 96 90 90 94 88 88 23,152 23,238 22,904 19,372 19,129 18,458 27,251 33,652 40,288 191,001 175,651 550,758 231,247 182,206 325,955 4,707 4,412 4,433 43.22 40.46 40.60 108 154 687 96 100 103 107 106 168 82 1,313 2,250 742 651 92 100 110 100 612 519 945 1920. January.. February. March.... April 1921. 1922. January.. February. March April 573 May.. June. 1 From U. S. Treasury Department, except money in circulation, from the Federal Reserve Board. * Monthly averages for fiscal years ending June 30,1913 to 1920. 8 Represents money held outside of the U. S. Treasury and the Federal Reserve system; figures for years 1917 to 1920 are as of December 31. 4 Includes Liberty and Victory Loans and War Savings Securities; figures for the years 1913 to 1919 are as of June 30. 6 Figures for the years 1913 to 1920 are as of June 30. 131 CREDIT CONDITIONS. Table 93.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-faced type. ] PAYMENTS. YEAR AND MONTH. United Pacific Moun- North Middle South 2 tain 3 Agricul- Agricul- AgricUl- East.? States tural.e average. Coast. Section. tural.4 tural. United Moun- North Middle South States Coast 2 tain Agricul- Agricul- Agricul- East.? average. Section.3 tural.4 tural.5 tural.6 Relative to 1916. Percentage of total recorded transactions. A.-INDEX NUMBERS. 100 B.—NUMERICAL DATA. 1916 m o . av. 100 1OO 1OO 1OO 1OO 1OO 1917 m o . av. 105 99 107 103 113 106 102 1918 m o . av.. 106 103 101 102 106 112 1Q2 1919 m o . av.. 110 110 103 108 111 115 108 1920 m o . av. 108 112 103 106 107 112 107 1921 m o . av., 97 105 93 96 99 1920. January February March April , 116 115 114 115 114 114 118 118 110 63.8 124 114 112 115 121 110 63.2 j 114 115 112 113 121 112 62.9 | 109 115 105 108 108 118 104 60.2 ! 113 115 109 108 112 118 115 62.3 May.... June July.... August. September. October November.. December.. 1921. January February March April , May.... June July.... August. September., October November.. December.. 1922. January February March April 55.0 57.5 58.4 60.7 59.4 53.3 56.6 56.2 58.4 62.5 63.3 59.2 58.2 62.2 58.9 59.9 60.1 54.2 55.4 57.1 56.7 60.0 58.8 53.4 58.0 65.8 61.6 64.5 62.3 57.5 49.5 52.6 55.5 56.8 55.2 48.4 57.2 58.6 58.5 61.6 61.1 56.0 64.9 66.1 63.1 68.2 58.2 63.1 70.3 66.1 62.0 66.9 60.1 63.0 64.8 67.1 62.2 65.7 60.1 63.8 64.9 61.1 60.0 62.9 58.3 59.6 65.3 63.3 59.9 65.1 58.4 65.9 111 113 102 113 111 116 109 61.1 64.1 59.3 62.6 64.6 57.3 62.2 110 110 105 107 107 112 113 60.3 62.2 61.2 59.4 62.0 55.2 64.4 106 109 108 105 107 109 58.2 61.9 55.6 59.9 61.1 53.1 62.2 104 111 105 102 104 107 57.2 63.1 55.6 58.2 59.3 51.3 61.2 103 108 108 103 109 100 56.9 61.3 55.6 59.8 60.0 53.9 57.3 97 105 84 99 100 95 53.3 59.4 56.4 46.4 57.7 49.3 54.2 94 93 52.8 56.9 53.7 51.9 54.0 47.2 56.8 52.3 97 101 95 107 93 100 93 91 52.5 60.8 54.3 53.3 57.8 46.1 100 116 86 100 101 103 100 55.2 65.5 50.3 55.3 58.7 51.2 57.0 104 111 99 98 104 107 109 57.4 62.6 57.8 54.4 60.2 52.9 62.1 99 104 97 90 105 101 101 54.4 58.6 56.2 49.8 61.0 50.2 57.9 100 102 89 106 101 100 55.0 57.8 51.6 58.6 58.6 49.2 57.4 100 102 101 93 102 102 100 54.9 57.6 58.9 51.4 59.2 50.6 57.1 102 107 95 103 104 101 105 55.9 60.6 55.3 57.1 60.1 49.8 60.2 99 108 100 97 97 102 54.3 61.2 58.4 53.5 57.6 48.2 58.5 94 96 91 89 94 96 98 51.8 54.6 53.1 49.4 54.3 47.5 56.0 89 94 94 103 93 92 87 49.2 53.1 54.6 56.9 54.2 45.7 49.5 90 103 90 95 89 91 49.3 58.1 51.0 50.0 55.0 44.0 51.9 91 107 93 92 92 92 50.3 60.7 48.4 51.5 53.1 45.6 52.8 91 93 97 91 92 92 50.1 52.7 48.2 53.6 52.7 45.3 52.9 87 89 83 83 87 85 94 48.1 50.2 48.1 46.2 50.3 42.2 54.0 90 97 100 91 90 93 49.7 55.0 58.1 48.6 52.8 44.6 53.1 May.. June.. 1 Compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit facts from their ledgers concerning merchants or jobbers to whom they sell. The numerical data given above show the percentage which the number of payment items reported bears to the total number of transactions reported. The commodities covered by these transactions are largely textiles. The year 1916 is taken^.s a base, as payments were abnormally high in 1919. 8 California, Oregon, and Washington. » Arizona, New Mexico, Colorado, Utah, Nevada, Idaho, and Wyoming. * Montana, North and South Dakota, Minnesota, and Wisconsin. 5 Kansas, Nebraska, Iowa, Missouri, Illinois, Indiana, Kentucky, and Ohio. • Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, Florida, North and South Carolina. i States east of and including Pennsylvania, West Virginia, and Virginia. 132 CREDIT CONDITIONS. Table 84.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] ORDERS. YEAR AND MONTH. INDEBTEDNESS. United Pacific Moun- North Middle South j tain Agricul- Agricul- Agricul-i East.' 2 States average. Coast. Section.3 tural.* tural.5 tural.6 j United Pacific Moun- North Middle South 2 tain Agricul- Agricul- AgriculStates average. Coast. Section.' tural. * tural.* tural.e East.? Relative to 1916. 1916 m o . av.. 1917 m o . av.. 1918 m o . av.. 1919 mo. av.. 1920 m o . av.. 1921 mo. av.. 100 11 0 102 103 101 1OO 100 94 94 94 78 1OO 105 97 100 94 82 1OO 98 109 106 102 92 1OO 101 106 108 110 94 1OO 99 99 102 99 90 1OO 104 106 104 103 87 1OO 93 91 88 93 94 1OO 98 89 81 94 91 100 100 100 100 100 96 93 90 91 89 92 94 94 90 94 94 94 92 87 94 93 92 85 81 89 94 107 89 96 100 105 113 107 108. 104 109 110 118 102 99 97 104 102 105 109 117 92 85 85 87 97 85 80 100 85 80 90 80 74 87 94 86 78 87 90 84 84 91 85 78 82 104 101 96 96 102 100 102 101 110 117 123 117 100 104 102 96 105 108 106 104 91 96 92 96 91 97 93 98 102 115 95 85 91 92 100 89 93 96 95 83 87 89 87 96 97 82 113 106 90 77 115 110 98 85 106 106 99 71 109 109 99 67 93 100 104 108 102 99 96 104 113 100 112 114 102 96 99 104 107 93 104 106 108 85 91 100 108 58 83 81 81 94 93 85 71 93 92 92 58 88 84 82 90 87 97 81 79 93 82 66 80 80 91 96 79 88 85 76 76 94 93 74 78 92 103 84 82 91 84 77 93 70 82 96 92 82 78 78 91 112 109 95 105 104 84 88 95 98 95 101 97 94 92 89 92 98 80 84 105 101 93 90 97 96 87 90 100 95 91 92 96 92 94 88 99 95 91 87 82 80 67 90 97 79 91 91 103 100 94 96 102 107 99 95 94 86 76 90 94 101 105 109 92 111 104 117 107 111 106 110 87 96 111 108 95 103 107 113 90 94 103 105 92 107 102 107 93 90 93 94 102 111 103 106 113 91 90 94 86 109 102 117 100 105 114 117 101 95 95 108 98 95 111 106 100 100 99 95 90 101 1920. January February March April 103 104 103 109 105 111 May.... June July.... August. 101 106 106 102 95 September.. October November.. December.. 108 106 95 74 1921. January February March April 87 85 90 83 73 63 73 72 84 May.... June July.... August. 82 91 September.. October November.. December.. 98 1922. January February March April 100 99 89 93 92 93 97 May.. June. See footnotes on opposite page, except boundaries of districts on page 17. 89 133 CREDIT CONDITIONS. Table 95.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] ORDERS. YEAR AND MONTH. INDEBTEDNESS. United Pacific Moun- North Middle South tain 2 States Agricul- Agricul- Agricul- East.? average. Coast. Sections tural.* tural.* tural.* United Pacific Moun- North Middle South tain States Agricul- Agricul- Agricul- East.7 tural^ average. Coast.2 Section.3 tural." tural.s Percentage of total recorded transactions. 27.6 28.0 28.2 28.3 28.0 24.6 33.2 33.1 31.3 31.3 31.2 25.8 30.6 32.2 29.7 30.5 28.8 25.0 25.8 25.4 28.0 27.3 26.3 23.8 27.2 27.5 28.7 29.3 29.8 25.6 27.7 27.4 27.5 28.2 27.4 24.9 26.3 27.4 28.0 27.4 27.2 22.9 38.8 36.2 35.2 34.1 36.2 36.6 34.2 33.6 30.6 27.6 32.1 31.0 34.5 33.0 33.7 30.9 34.7 33.9 38.8 36.1 35.0 35.5 34.7 35.6 37.8 35.7 35.4 34.1 35.4 35.7 40.6 38.1 37.4 35.5 38.1 37.9 39.3 36.2 33.5 31.7 34.9 37.1 1920. January February March April 28.3 28.8 28.4 30.2 34.9 36.8 32.5 33.2 32.7 27.2 29.2 27.7 27.9 28.3 29.7 29.9 32.0 28.2 27.3 27.0 28.7 26.9 35.8 33.2 34.4 35.0 32.9 28.9 29.4 31.1 28.7 33.1 27.2 27.5 28.6 30.8 33.6 30.1 30.8 33.6 35.6 32.6 29.5 32.9 36.6 34.1 34.1 35.8 35:6 27.6 32.4 May.... June July.... August. 27.9 29.3 29.3 28.2 31.6 32.5 29.0 28.1 31.7 30.9 29.3 29.4 26.4 I 29.9 25.9 i 31.7 26.2 | 33.5 26.0 I 31.9 27.6 28.9 28.2 26.7 35.1 37.6 39.1 38.5 32.7 34.1 34.9 34.1 September.. October November.. December.. 29.7 29.2 26.3 20.3 32.6 30.0 27.5 25.1 29.3 29.6 25.0 21.0 29.2 27.3 23.2 19.8 31.2 29.9 26.6 23.2 29.5 29.5 27.5 19.7 1921. January February March April 17.5 24.4 23.8 23.3 19.5 24.3 23.8 26.4 17.7 25.4 24.7 20.8 20.8 24.2 23.9 22.0 19.3 25.2 24.9 25.1 16.0 24.3 23.3 22.6 May.... June July.... August. 22.7 25.0 27.4 27.2 23.4 27.3 31.9 30.4 25.0 23.8 27.2 27.3 20.0 23.4 29.0 28.1 23.8 25.8 28.5 28.2 September.. October November.. December.. 27.0 27.1 24.6 25.5 27.2 27.6 27.4 29.7 24.1 26.8 23.4 23.6 22.9 24.7 27.9 27.1 25.5 26.0 1922. January February March April 25.4 25.6 26.9 29.3 31.0 32.0 26.9 27.4 28.6 24.2 26.2 28.6 27.9 28.9 30.6 1916 mo. av.. 1917 mo. a v.. 1918 mo. av.. 1919 mo. av.. 1920 mo. av.. 1921 mo. av.. 26.4 22.4 27.1 29.4 30.7 33.6 30.5 27.5 34.0 32.7 34.1 33.3 28.4 35.4 31.0 33.7 34.6 27.8 37.1 33.1 35.3 37.0 27.4 35.6 31.8 39.8 33.0 34.3 34.9 37.7 33.8 34.7 38.1 38.5 39.4 36.1 37.6 39.2 40.5 37.9 42.1 42.9 43.9 33.6 35.7 39. i 42.6 32.8 29.4 29.4 36.5 35.2 28.1 29.4 34.7 41.9 34.3 33.2 36.9 37.9 33.1 30.1 36.5 37.8 37.3 33.7 34.8 37.7 34.7 38.9 37.3 38.2 35.6 39.1 37.2 35.9 34.3 33.6 37.1 43.0 41.8 35.8 39.1 40.5 42.7 36.7 38.0 42.0 42.5 36.0 42.1 40.2 42.2 38.4 36.8 36.7 41.0 37.2 36.0 45.1 43.0 40.4 41.5 38.9 37.2 28.6 36.2 34.9 39.0 28.7 38.7 33.8 34.5 26.1 40.2 32.9 38.5 17.7 41.9 35.6 39.2 15.6 37.8 27.9 31.3 23.8 31.6 22,7 33.1 23.0 30.6 27V3 27.4 22.6 35.9 27.2 30.5 23.2 21.9 38.3 31.6 36.2 24.5 25.1 36.5 33.6 34.9 26.3 26.6 35.8 27.3 32.0 27.2 25.4 34.5 28.8 30.9 28.3 24.6 36.3 29.6 22.7 39.2 31.5 38.1 36.9 38. 4 27.3 20.1 40.9 35.7 36.6 26.3 23.6 42.2 39.9 38.0 25.3 23.1 42.3 40.0 39.2 24.8 22.7 39.7 34.1 40.5 26.0 23.4 38.1 36.0 35.0 36.0 34.5 May.. June.. i Compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit facts from their ledgers concerning merchants or jobbers to whom they sell. The numerical data given above show the percentage which the number of items reported relating to orders or to creation of indebtedness bears to the totalnumber of transactions reported. As one transaction may cover both an order and an indebtedness or a payment, the sum of the percentages of orders, indebtedness and payments will usually exceed 100 per cent. The commodities covered are largely textiles, and the individual orders are stated to average from $250 to $600, depending on trade conditions. The year 1916 is taken as a base, as it is believed to be more nearly normal than 1919, in which orders and payments were unusually large and indebtedness unusually small. For boundaries of districts see page 17. 134 FOREIGN EXCHANGE. Table 96.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page. ] EUROPE. YEAH AND MONTH. England. France. Italy. Belgium. ASIA. Ger- Netherm a n y . lands. Sweden. Switzerland. THE AMERICAS Japan. India. 2 f C a n ada. Argen- Brazil. tina. Chile. INDEX NUMBER. 3 Relative to par. Par value 1914 average. 1915 average. 1916 average. 1917 average. 1918 average. 1919 average. 19tO average. 1921 average.. 100 100 106 100 100 100 100 100 1Q0 100 100 100 100 100 100 100 101 103 101 94 87 97 88 80 99 102 100 73 90 71 109 103 103 77 119 107 92 69 91 71 59 75 36 26 38 7 79 39 22 38 5 13 72 95 104 78 103 96 103 82 115 101 97 89 94 69 94 40 62 84 84 90 97 54 81 76 1920. January February March April 75 44 37 44 94 77 93 100 90 92 102 85 106 78 69 36 29 37 93 69 85 98 98 87 102 81 109 70 77 37 28 39 92 76 88 95 98 102 82 110 72 81 32 23 35 92 82 93 97 96 92 102 83 109 73 May June July August.. 79 36 27 37 91 79 92 103 89 90 101 82 101 72 81 41 31 43 11 90 81 94 103 84 100 77 97 74 79 42 30 45 11 87 82 91 103 79 §6 70 98 74 74 37 2S 40 82 77 86 103 75 90 64 93 66 September. October November. December.. 72 3* 22 37 78 75 84 103 69 99 86 67 34 20 36 77 74 82 103 63 91 54 80 61 71 31 33 75 71 80 102 61 51 72 58 72 31 19 18 32 77 73 101 55 88 84 80 82 56 71 47 73 55 18 19 20 24 35 82 80 81 37 36 38 39 85 83 85 98 57 97 53 97 54 1921. January February March April May June July August.. September. October November. December.. 1923. January February March April 77 80 80 81 38 85 39 90 82 83 81 77 43 27 43 78 42 26 42 83 84 97 96 75 40 23 40 79 79 96 40 22 39 77 79 97 50 54 74 55 47 76 54 43 66 57 42 61 65 36 56 59 32 53 53 36 52 52 47 75 73 72 54 50 47 48 74 59 82 77 38 22 37 79 81 79 38 21 37 83 85 82 37 21 36 87 40 23 39 91 87 42 23 40 45 25 43 94 90 47 26 44 94 97 54 90 72 38 55 51 96 56 91 76 39 60 46 87 97 96 55 92 76 39 56 51 91 101 56 93 78 39 55 56 95 39 52 59 41 53 58 42 58 56 91 90 90 94 101 97 95 57 101 95 58 101 95 57 MayJune. 88 See footnotes on opposite page. 97 86 135 FOREIGN EXCHANGE. Table 97.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faoed type; index numbers on opposite page.] EUROPE. YEAB AND MONTH. England. France. Italy. Belgium. ASIA. Ger- NetherSwitzer- Japan. many. lands. Sweden. land. THE AMERICAS. ArgenIndia.' Canada. tina. Brazil. Chile. Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per pound gold mark. guilder. krone. franc. franc. dollar. yen. lire rupee. sterling. franc. peso. Par value 1914 average. 1915 average. 1916 average. 1917 average . $4.87 5.14 4.78 4.76 4.76 $0,193 .199 .182 .17§ .174 $0,193 .195 .169 .155 .137 SO. 193 4.76 4.43 3.66 3.85 .178 .137 .070 .•75 .134 .114 .050 .043 .128 .074 .074 3.68 3.38 3.73 3.93 .085 .070 .072 .062 .071 .055 .053 .045 May.... June July.... August.. 3.85 3.62 .969 .080 .081 .872 September. October November. December.. 3.51 3.47 3.44 3.49 1931. January February March April $0,338 $0,403 $0,368 $0,193 .194 .187 .191 .211 $0,499 .491 .495 .507 .513 $0,487 $1,000 $0,965 $0,334 .941 .964 .997 $0.195« .234 .236 .249 .018 .011 .391 .344 .637 .255 .205 .226 .229 .190 .169 .174 .533 .512 .504 .483 .403 .389 .263 .956 .893 .812 .999 .990 .907 .731 .253 .267 .226 .131 .085 .072 .075 .067 .017 .011 .013 .017 .378 .373 .368 .371 .207 .186 .203 .219 .179 .165 .17* .179 .500 .490 .475 .486 .440 .476 .478 .468 .915 .865 .894 .916 .985 .987 .983 .275 .262 .365 .268 .207 .213 .214 .213 .052 .059 .058 .049 .072 .083 .086 .077 .022 .026 .025 .021 .366 .361 .350 .329 .212 .218 .219 .206 .177 .182 .176 .167 .515 .514 .516 .516 .433 .410 .384 .364 .908 .882 .881 .971 .961 .923 .871 .268 .251 .228 .207 .197 .190 .131 .181 .067 .065 .060 .059 .043 .039 .036 .035 .072 .069 .064 .062 .017 .015 .013 .014 .313 .309 .302 .310 .202 .197 .191 .196 .163 .159 .155 .154 .514 .513 .508 .503 .336 .306 .297 .269 .904 .909 .893 .846 .814 .769 .787 .183 .175 .166 .153 .168 .156 .140 .142 3.74 3.88 3.91 3.93 .064 .072 .070 .072 .035 .036 .038 .046 .068 .075 .074 .074 .016 .016 .016 .016 .329 .342 .344 .348 .214 .223 .228 .238 .157 .164 .171 .174 .487 .487 .486 .485 .277 .260 .263 .876 .881 .878 .794 .804 .782 .739 .151 .156 .151 .140 .143 .144 .148 .130 May June July.... August. 3.98 3.78 3.63 3.65 .064 .081 .078 .078 .053 .050 .045 .043 .084 .880 .076 .075 .016 .014 .013 .012 .356 .333 .318 .310 .235 .226 .210 .211 .17§ .170 .165 .168 .485 .480 .480 .484 .265 .245 .231 .242 .718 .137 .116 .104 .118 .119 .109 .104 .102 September. October November.. December.. 3.72 3.87 3.97 4.16 .073 .073 .072 .078 .042 .040 .041 .044 .072 .071 .069 .075 .010 .007 .004 .006 .317 .335 .350 .363 .218 .229 .232 .245 .172 .182 .188 .194 .482 .477 .479 .479 .264 .274 .269 .274 .914 .915 .731 .735 .124 .127 .126 .127 .107 .117 .110 .108 1933. January February.... March April 4.22 4.36 4.38 .082 .087 .090 .044 .049 .051 .078 .083 .084 .005 .005 .004 .367 .376 .378 .249 .261 .267 .194 .195 .194 .476 .474 .473 .278 .281 .278 .963 .772 .826 .828 .126 .132 .137 .101 .104 .114 1§18 1919 1920 1921 average . average. average. average.. \ ! ! .220 .184 . 120 1930. January February March April .. .882 May.. June. 1 Daily averages of noon rates for cable transfers reported to the Treasury daily by the New York Federal Reserve Bank. Average figures for the years 1914 to 1918, inclusive, where given, are weekly averages of commercial quotations from the Annalist. * Parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents. 8 The foreign exchange index number recently computed by the Federal Reserve Board is based upon the average rates of exchange for 18 countries. The index represents the weighted geometric average of cable transfer rates on these countries. The weights used are based on the total volume of imports and exports of merchandise. gold, and silver from and to each country for the preceding month. The countries used in computing the index are Belgium, Denmark, England, France, Germany, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, Canada, Argentina, Brazil, Chile, China, India, and Japan. < Average value of the paper peso in 1913. 136 IMPORTS INTO THE UNITED STATES. Table 98.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] FROM NORTH AMERICA. FROM EUROPE. YEAH AND MONTH. Total. France. Germany. Italy. United Kingdom. FROM SOUTH AMERICA. Total. Total. Canada. Argentina. FROM ASIA FROM AND OCEANIA* AFRICA 1 GRAND TOTAL. Total. Japan. Total. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 100 91 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. 75 100 81 100 113 131 100 115 125 163 109 100 106 95 112 63 56 24 93 73 78 3 169 167 216 64 71 0 66 103 224 291 37 43 0 44 55 250 87 89 6 107 114 297 142 119 48 136 189 427 88 102 44 113 88 January... February. March April 155 148 174 155 129 110 146 126 29 25 46 41 216 179 155 157 221 229 265 233 May.... June July.... August. 128 165 165 159 91 140 146 131 32 56 138 119 153 119 September. October November. December.. 126 122 114 j 94 106 101 101 103 63 52 49 37 76 107 96 86 100 123 100 84 76 79 82 100 100 100 100 116 100 100 107 370 116 109 146 100 100 99 455 193 184 261 133 302 697 271 256 308 165 318 308 893 330 305 360 169 348 347 779 378 414 473 218 220 100 100 100 83 431 384 813 467 419 633 294 236 149 234 207 254 170 140 579 422 451 427 363 335 349 342 472 411 442 460 1,002 709 901 1,013 552 487 576 540 678 524 568 512 1,028 1,397 1,376 1,387 317 313 351 332 193 219 205 192 460 662 597 517 411 407 361 502 384 491 440 383 1,084 791 868 782 448 501 530 602 371 491 482 490 414 307 603 474 289 370 360 343 95 115 102 151 148 118 85 325 308 313 275 456 605 532 503 377 287 243 217 1,074 703 321 258 189 144 214 35 152 175 243 223 215 178 30 32 48 43 72 45 115 117 77 83 120 115 198 243 284 276 278 264 264 186 160 198 185 269 249 395 251 189 195 172 232 108 142 130 287 222 159 256 208 140 144 169 170 102 93 98 91 42 45 54 48 155 107 109 134 85 65 66 71 214 168 146 156 221 197 199 200 141 119 119 144 228 191 218 312 186 204 200 227 276 246 304 311 115 158 82 71 137 124 119 130 117 92 120 44 50 39 47 118 150 122 117 81 85 97 109 143 165 173 159 204 248 243 226 103 107 162 164 132 141 225 202 194 179 202 300 275 207 273 62 143 218 345 120 126 141 159 92 101 112 47 58 63 100 69 119 92 117 147 174 178 225 212 170 219 138 152 144 245 291 222 248 209 239 339 272 235 228 318 523 145 144 171 1920. 358 1921. January... February. March April May.... June July.... August. September. October November.. December... 93 97 101 1922. January... February. March April 95 99 119 May.. June. See footnotes on opposite page. 137 IMPORTS INTO THE UNITED STATES, Table 99.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] FROM NORTH AMERICA. FROM EUROPE. YEAR AND MONTH. Total. France. Germany. Italy. United Kingdom. FROM SOUTH AMERICA. FROM FROM ASIA AND OCEANIA. AFRICA GRAND TOTAL. Total. Canada. Total. Argentina. Total. Japan. Total. Thousands of dollars. 811,578 $15,351 84,610 4,601 12,449 8,685 4,297 3,746 6,493 5,020 485 9,074 3,040 13 8,220 8 2 2 , 6 6 3 8 3 2 , 4 3 5 811,844 816,522 82,131 23,949 36,783 13,669 19,127 4,690 21,525 42,455 14,800 26,857 7,890 25,457 54,870 19,771 35,634 9,691 23,340 72,665 34,473 49,902 14,855 826,344 26,265 30,489 50,865 71,455 88,245 '8,808 9,026 15,174 21,139 81,978 1,638 2,887 5,158 19,032 16,597 17,315 4,994 86,837 99,696 123,058 54,447 25,162 34,154 34,548 20,939 7,126 9,349 12,524 3,365 252,601 325,364 439,873 209,085 77,939 67,907 73,010 76,014 21,344 15,104 19,190 21,581 145,479 128,390 151,790 142,131 55,928 43,225 46,871 42,182 20,334 27,623 27,217 27,428 473,904 467,634 523,978 495,741 48,704 48,181 42,724 59,470 63,404 81,167 72,721 63,301 23,104 16,853 18,502 16/671 117,943 132,069 139,677 158,710 30,627 40,510 39,744 40,389 8,189 6,070 11,930 9,384 431,005 552,875 537,119 513,111 105,548 100,163 101,828 89,222 53,977 71,619 63,013 59,581 62,355 47,379 40,127 35,884 22,883 14,971 8,098 9,454 100,119 97,157 94,205 70,061 26,437 21,240 15,566 11,864 4,227 700 3,015 3,457 363,290 333,196 321,209 266,057 17,438 18,885 27,090 26,172 64,179 78,798 92,112 89,669 34,232 32,874 31,215 31,285 30,750 26,509 32,685 30,535 5,730 5,316 8,413 5,345 49,898 51,244 45,309 61,079 11,711 10,678 23,637 4,391 3,148 5,064 4,140 208,797 214,530 251,969 254,579 7,131 4,946 5,018 5,728 19,374 14,842 14,984 15,983 69,603 54,575 47,351 50,583 26,143 23,289 23,627 23,695 23,358 19,620 19,700 23,799 4,854 4,062 4,638 6,646 48,871 53,648 52,737 59,849 22,760 20,253 •25,106 25,646 2,275 3,129 1,618 1,399 204,911 185,690 178,159 194,769 6,785 7,624 5,914 7,372 5,438 6,917 5,607 5,393 18,299 19,215 21,888 24,626 46,349 53,443 56,317 51,747 24,189 29,416 28,767 26,709 17,133 17,712 26,717 27,106 2,818 2,995 4,803 4,307 51,170 47,241 53,345 78,969 22,700 17,077 22,519 40,242 1,233 2,843 4,315 6,819 179,292 188,008 210,948 237,373 7,223 8,901 9,633 4,590 3,180 5,501 20,805 26,499 33,362 56,529 57,701 73,192 25,214 20,137 25,937 22,803 25,114 23,745 5,229 6,193 4,727 65,237 55,152 63,057 27,941 22,406 19,357 4,513 6,291 10,342 217,195 215,743 256,178 1913 1914 1915 1916 1917 monthly average monthly average. monthly average. monthly average. monthly average. $72,056 65,293 45,529 52,776 45,929 1918 1919 1920 1921 monthly average. monthly average. monthly average. monthly average. 26,510 62,544 102,320 63,745 4,959 10,318 13,805 11,824 26 884 7,403 2,028 4,922 6,280 5,191 12,385 25,766 42,821 19,900 81,218 96,481 138,555 62,894 37,641 41,225 50,989 27,953 50,911 57,294 63,417 24,635 January Fobruary March April 112,030 106,744 125,463 111,347 14,981 12,678 16,939 14,628 4,386 3,882 7,094 6,369 9,942 8,252 7,139 7,242 50,183 51,991 60,045 52,890 188,122 136,970 146,499 138,822 43,051 39,646 41,321 40,509 May.... June July.... August.. 91,962 118,561 118,863 114,814 10,488 16,164 16,960 15,154 4,850 8,540 10,436 12,488 6,380 5,504 7,035 5,465 43,796 49,575 46,524 43,415 149,507 215,009 193,927 167,902 91,041 87,797 82,035 67,432 12,325 11,749 11,712 11,896 9,645 7,923 7,558 5,666 4,035 4,365 5,320 4,688 34,277 33,613 26,824 19,335 January... February. March April 59,579 54,830 76,798 69,156 10,012 11,578 14,200 11,591 4,630 4,952 7,368 6,676 3,339 2,061 5,299 5,413 May June.... July.... August.. 60,804 54,718 56,754 59,139 11,823 10,785 11,316 10,923 6,456 6,975 8,217 7,309 September. October November.. December.. 63,408 66,769 70,254 72,733 13,565 10,677 13,930 11,484 68,113 71,485 85,842 10,654 11,656 13.025 8149,383 149,106 148,216 199,303 246,039 1920. September October November December 1921. 1922. January... February. March April May.. June. .. 1 I i Compiled by the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent imports of merchandise only. Up to and including May, 1921, import values represented "actual market value or wholesale price at the time of exportation to the United States, in the principal markets of the country from whence exported, including the value of all containers and coverings, whether holding liquids or solids, and all other costs, charges, and expenses incident to placing the merchandise in condition, packed ready for shipment to the United States." (Tariff act of 1913.) Beginning with June, 1921, the import values are either the actual foreign market value, as defined above, or "the export value, including any export tax imposed by the country of exportation," whichever is higher. (Emergency tariff act of May 27, 192U 138 EXPORTS FROM THE UNITED STATES. Table 100.—INDEX NUMBEES. Based on data from Government sources.1 [Base year in bold-faoed type; numerical data on opposite page.] TO NORTH AMERICA. TO EUROPE. YEAB AND MONTH. Total. France. Germany. Italy. United Kingdom. TO SOUTH AMERICA. Total. Canada. Total. Argentina. TO ASIA AND OCEANIA. TO AFRICA GRAND TOTAL. Total. Japan. Total. Relative to 1913. 1913 monthly average 1914 tnonthlv average 1915 tnonthlv average 1916 monthly average 1917 monthly average 100 89 172 254 271 100 111 325 559 611 1918 monthlv average 1919 montklv average 1920 monthlv average 1§21 monthly average 257 346 298 158 6f5 580 439 146 January February March April 366 523 5% 307 511 63 372 553 71 291 449 May 307 237 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 45 124 102 80 77 62 49 85 67 88 85 3 343 203 93 86 98 96 116 73 128 143 1 1OO 386 319 154 150 150 140 226 175 187 221 533 (*) 340 210 206 213 195 263 298 178 251 626 349 220 220 207 191 290 438 265 248 26 563 386 216 182 301 284 432 586 338 319 88 473 309 321 241 426 389 502 605 573 331 106 274 160 188 147 187 202 311 377 252 181 604 435 269 217 325 306 496 931 173 349 398 344 249 188 331 253 498 670 568 449 306 239 442 369 749 1,424 715 396 80 658 272 305 146 385 325 617 1,055 569 331 443 71 501 308 368 273 477 373 567 889 883 360 287 67 334 244 350 305 379 297 559 679 613 304 273 234 460 96 442 262 331 293 367 348 489 407 611 315 299 66 274 242 318 266 382 367 386 305 552 279 1920. July 312 251 68 448 289 336 260 446. 475 353 190 317 292 617 111 544 326 358 258 490 477 414 232 710 363 286 460 120 412 253 339 206 535 568 398 173 639 327 311 December 368 339 October 296 199 487 282 323 184 551 506 499 352 688 348 1921. 260 279 166 448 225 316 lfe 503 529 550 440 576 316 February March April 191 159 132 397 190 222 134 318 359 493 423 506 235 159 140 153 106 104 258 208 159 171 192 143 234 266 311 315 365 187 65 188 146 170 160 256 233 240 164 May June July August 141 77 70 344 163 148 168 234 236 105 347 131 146 143 161 263 328 193 167 159 99 179 184 150 142 147 109 124 209 145 174 155 127 158 204 280 154 163 157 165 117 213 183 204 203 114 120 233 218 174 177 142 168 202 150 283 121 173 174 154 167 133 114 113 116 253 293 374 125 483 110 173 157 166 . October November December 157 .......... 125 90 123 150 83 202 123 143 123 109 111 298 502 202 142 124 134 74 229 140 124 104 133 158 340 590 167 143 1922. 119 February March April 138 81 141 132 116 97 114 135 316 537 134 135 103 125 75 86 108 119 105 115 136 252 361 180 120 144 149 122 100 148 147 132 141 152 312 439 218 156 May Jane See footnotes on opposite page. 139 EXPORTS FROM THE UNITED STATES. Table 101.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] TO NORTH AMERICA. TO EUROPE. YEAR AND MONTH. Total. GerFrance. many. Italy. United Kingdom. Total. TO SOUTH AMERICA. Canada. Total. Argentina. TO ASIA AND TO AFRICA OCEANIA. GRANB TOTAL. Total. Japan. Total. Thousands of dollars. 1913 monthly average... $ 1 2 4 , 9 6 4 912,3^7 829,328 86,556 1914 monthly average... 111,608 13,191 14,175 8,161 1915 monthly average... 214,451 981 22,477 41,733 1916 monthly average... 317,773 188 25,294 71,735 1917 monthly average... 338,538 34,920 78,399 $49,228 49,984 99,870 157,282 167,450 $50,093 40,132 46,567 77,046 105,081 833,599 $12,210 7,584 25,885 12,011 28,754 18,356 50,409 69,077 25,991 84,582 2,261 4,403 6,406 8,925 $17,319 14,700 20,099 39,211 45,567 $5,208 3,479 3,811 9,096 15,528 $2,411 2,110 3,095 4,501 4,282 8207,002 176,135 296,223 456,887 519,459 1918 monthly average... 1919 monthly average... 1920 monthly average... 1921 monthly average... 321,558 432,306 372,174 196,993 77,600 74,447 56,349 18,745 7,730 25,953 31,027 41,015 36,890 30,980 17,955 171,774 189,880 152,086 78,926 110,457 107,983 160,764 94,136 73,906 61,187 80,988 49,473 25,226 36,812 51,993 22,777 8,759 12,992 17,811 9,236 50,250 74,775 86,932 53,782 22,815 30,530 31,495 19,520 4,933 8,160 13,806 6,073 512,424 660,035 685 668 373,760 1920. January February Marck April 457,507 384,052 466,354 364,094 67,074 65,520 70,882 57,622 14,675 18,599 20,940 23,471 39,620 26,084 37,210 43,143 214,088 169,122 221,119 133,714 134,898 124,817 153,294 152,653 72,856 63,316 80,341 48,980 39,633 40,441 53,992 47,027 14,008 11,612 16,925 14,869 85,848 86,167 129,673 106,834 48,479 34,884 74,159 54,967 4,179 9,667 17,242 13,712 722,064 645,145 819,556 684,319 May June July August.. 383,572 296,133 340,986 292,263 56,845 36,800 58,962 38,322 20,848 19,700 28,036 19,422 32,854 21,915 28,980 17,952 151,819 120,155 128,885 119,298 184,298 175,315 165,932 159,163 91,700 102,323 98,395 89,253 58,224 46,256 44,809 46,640 17,094 13,587 15,923 16,817 98,134 96,894 84,$25 66,803 43,702 35,355 21,188 15,880 21,295 14,779 14,724 13,313 745,823 629,377 651,136 578,183 September. October November. December.. 313,277 423,310 357,198 388,344 47,205 79,085 59,010 38,010 19,797 32,449 35,061 58,439 29,375 35,689 26,997 31,945 142,479 160,440 124,461 138,854 168,127 179,333 169,741 161,591 87,264 86,738 61,700 54,471 59,828 65,285 67,251 21,782 21,858 26,045 23,207 61,180 71,624 68,893 86,508 9,904 12,067 9,023 18,333 7,632 17,116 15,411 16,592 604,686 751,211 676,528 720,287 1921. January February March April.... 325,219 238,816 199,256 175,139 35,825 20,432 19,597 13,582 48,812 38,837 30,503 19,133 29,357 26,004 16,908 13,634 110,794 93,450 78,155 84,247 158,528 111,381 96,083 94,300 54,373 45,179 48,168 48", 988 61,430 38,804 28,621 20,718 24,228 16,441 12,166 7,345 95,201 85,361 53,915 44,422 22,84« 22,029 16,410 12,148 13,893 12,091 8,806 5,776 654,271 486,454 386,680 340,364 May June July August.. 176,799 177,814 183,195 206,228 9,863 12,708 13,946 IS, 050 20,485 30,796 36,324 38,284 22,537 22,743 13,674 13,944 80,288 64,439 71,315 90,257 89,647 92,071 87,357 102,141 50,483 49,100 51,996 68,362 18,036 17,496 15,548 13,919 7,690 7,388 7,257 5,486 40,586 45,483 35,374 40,402 12,307 17,057 14,588 16,548 4,642 4,034 3,708 4,198 329,710 336,899 325,181 366,888 September. October November. December.. 177,246 196,054 153,088 155,062 21,579 25,849 19,262 17,249 36,774 26,266 24,326 21,786 9,857 18,554 13,249 15,001 59,475 84,951 60,640 87,138 77,128 71,646 62,207 55,972 44,750 41,195 35,109 13,920 15,308 13,320 16,201 5,179 5,318 5,100 7,235 43,897 50,677 51,256 58,804 19,499 25,159 26,126 30,718 2,662 4,163 4,866 4,031 324,d63 343,331 294,176 296,306 1922. January February March April 148,939 128,956 180,121 17,730 16,054 19,080 23,669 22,053 35,658 9,266 5,637 6,558 64,853 53,390 72,793 58,136 59,724 73,565 32,603 35,303 44,477 13,864 14,096 17,200 6,187 6,246 6,987 54,727 43,626 54,112 27,985 18,788 22,852 3,232 4,346 5,267 278,898 250,748 323,452 May.. June. 1 Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent exports, including reexports, of merchandise only. Values are those at time of exportation in the ports of the United States whence exported, except reexports from bonded warehouses, which are expressed in their import value. «Total for year 1917 is 13,275. No figures for 1918. 140 FOREIGN TRADE OF THE UNITED KINGDOM. Table 102.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] EXPORTS (values). IMPORTS (values). YEAR AND MONTH. EXPORTS OF KEY COMMODITIES 2 (quantities). REEXPORTS (values). Wool! ManManFood, Food, ! Food, Manen drink, Raw ufac- Cot- and Iron drink, Raw I ufaci drink, Raw ufacton and mate- | tured ! Total. I and mate- tured Total. and mate- tured piece wor- and Total. rial. | artirial. arti- goods. sted steel. toI torial. artitocles. cles. bacco. i bacco. bacco. cles. tissues. j Relative to ! Relative to 1913. 100 82 71 96 100 83 94 98 113 xoo 123 138 100 84 102 120 137 171 212 252 142 196 244 266 196 163 229 252 96 145 138 235 127 95 152 254 136 37 102 156 115 87 174 208 91 154 272 143 303 239 256 237 333 339 326 305 195 205 236 236 242 196 237 243 175 147 158 146 239 249 209 average. average. average. average. average. 100 91 115 1918 m o n t h l y 1919 m o n t h l y 1920 m o n t h l y 1921 m o n t h l y average. average. average. average. 82 73 96 100 100 | 1OO 89 | 84 77 75 91 92 50 ! 96 Relative to 1920. 1OO 103 131 144 157 1913 m o n t h l y 1914 m o n t h l y 1915 m o n t h l y 1916 m o n t h l y 1917 m o n t h l y Coal. 1913. 100 87 90 89 64 100 109 140 132 47 100 84 85 77 68 1OO 82 75 93 64 1OO 78 65 67 47 100 80 59 52 48 28 150 203 25 269 289 190 22 142 192 78 43 105 181 90 100 66 100 43 33 46 70 35 43 48 34 34 242 195 243 259 279 248 296 223 386 261 244 247 303 285 352 239 171 160 205 176 112 84 107 115 110 82 110 115 55 70 66 55 43 39 33 103 May June July August.. 260 266 255 239 269 279 288 255 258 247 221 218 252 277 257 248 273 266 314 263 148 159 166 129 227 197 215 180 294 289 347 291 222 220 135 146 254 310 274 255 224 206 173 104 199 203 203 181 120 110 107 99 119 113 126 103 95 69 89 67 35 32 34 30 September. October November.. December.. 238 234 225 223 278 286 254 246 190 189 198 207 251 225 223 214 268 257 273 221 159 172 174 141 163 165 161 211 279 302 230 146 177 144 139 271 347 319 301 102 132 93 176 181 159 154 103 82 93 67 79 88 62 62 67 56 46 24 23 22 38 January... February. March April 183 151 146 140 203 197 210 219 158 109 76 70 189 145 155 126 212 156 153 137 142 113 107 137 132 101 100 50 233 170 166 152 109 88 97 93 163 117 215 191 92 82 76 72 117 83 80 87 67 66 63 50 63 48 41 46 57 41 36 May 207 215 174 209 71 78 July August.., 135 138 126 138 120 109 112 113 87 99 117 77 90 99 115 25 19 48 121 113 98 107 116 79 78 103 109 147 168 230 206 64 49 76 75 90 90 105 39 41 48 57 34 33 36 37 25 17 15 18 0 0 13 51 September.. October November.. December.. 136 132 139 133 200 184 171 162 87 91 128 118 111 116 111 113 146 142 144 136 122 128 132 117 120 126 121 133 128 147 149 138 94 114 108 101 204 230 222 183 72 96 90 80 84 88 84 102 72 96 98 28 50 49 52 32 38 47 50 56 56 59 70 119 108 137 140 133 187 105 86 94 110 103 126 145 133 148 105 101 120 121 118 145 151 140 151 111 111 162 171 204 75 100 94 105 92 68 82 71 54 68 61 54 71 66 66 85 1921. June 28 32 10 1922. January... February.. March April May.. June.. See footnotes on opposite page. 141 FOREIGN TRADE OF THE UNITED KINGDOM. Table 103.—NUMERICAL DATA. From Government sources.1 [ Base year in bold-faced type; index numbers on opposite page.] EXPORTS (values). IMPORTS (values). YEAR AND MONTH. Total. EXPORTS OF KEY COMMODITIES 2 REEXPORTS (values). (quantities). Food, Food, Food, Manudrink, Raw Manudrink, Raw drink, Raw facCotton ™I°°!fn> Iron facmate- tured Total. and Total. and mate- tured piece J S i a l and Coal. rial, articles. d | ~ £ ; se l t e. rial. artitototo- ! rial, articles. bacco. bacco. cles. bacco.! Thousands of square yards. Thousands of pounds sterling (£). 1913 1914 1915 1916 1917 monthly av monthly a v . monthly a v . monthly a v . monthly a v . 64,061 24,184 23,485 1 6 , 1 3 4 58,053 24,995 19,711 13,374 73,491 31,740 23,881 15,121 79,042 34,931 28,066 15,766 88,680 37,893 32,067 18,214 43,770 2,716 5,825 34,281 2,412 4,893 28,219 35,893 2,090 4,363 24,411 32,072 2,458 5,362 32,783 42,190 43,923 1,361 5,597 35,301 1918 1919 1920 1921 monthly a v . monthly a v . monthly a v . monthly av 109,678 135,513 161,379 90,668 47,491 58,938 64,291 47,382 38,207 53,834 59,292 22,598 23,343 22,219 37,902 20,425 41,785 66,553 111,289 59,310 1,001 2,775 4,241 3,122 5,083 10,107 12,138 5,322 1920. January February March April 186,498 170,514 176,648 167,154 73,387 57,683 61,808 57,387 78,137 79,612 76,540 71,587 31,528 33,042 38,156 38,050 105,880 85,964 103,699 106,251 4,763 3,987 4,280 3,959 16,654 13,825 14,482 12,194 May Jun8 July.... August.. 166,334 170,491 163,342 153,255 64,993 67,566 69,571 61,785 60,509 57,919 51,899 51,268 40,580 44,681 41,423 40,016 119,319 116,352 137,452 114,903 September. October November. December.. 152,692 149,889 144,260 142,785 67,269 69,168 61,499 59,378 44,557 44,299 46,560 48,613 40,573 36,267 35,955 34,553 January February March April 117,051 96,974 93,742 49,158 47,750 50,888 52,908 37,005 25,504 17,739 16,547 May.... June July.... August. 86,308 88,180 80,757 88,581 50,094 51,915 42,090 50,584 September. October November.. December.. 87,118 84,742 89, 259 85,312 1922. January February March April 76,488 69,275 87,879 9,131 1,329 5,336 2 , 4 5 5 | Thousands of i long tons. 414 324 270 279 195 6,117 137 143 2,646 2,937 2,078 2,055 24,413 18,232 24,355 25,478 258 227 291 272 3,359 2,601 2,406 1,996 443,688 406,334 395,849 367,144 26,476 24,987 28,027 22,736 392 286 370 279 2,140 1,931 2,097 1,847 4,317 4,444 3,896 3,787 382,591 305,339 343,575 248,443 20,653 17,574 19,513 13,697 255 277 232 192 1,476 1,417 1,361 2,302 4,904 4,386 4,074 3,844 2,865 2,041 1,962 2,134 249,613 244,949 232,043 186,849 13,877 10,693 9,121 10,209 236 168 150 163 1,700 1,729 1,968 607 1,958 2,229 3,066 2,744 3,418 2,616 4,082 4,683 1,850 2,219 2,216 2,567 145,769 152,782 177,530 212,403 7,566 7,235 8,045 8,232 102 69 64 76 14 8 816 3,103 8,595 10,386 9,823 9,204 2,710 3,057 2,944 2,435 3,822 5,143 4,818 4,263 2,057 2,164 2,060 2,501 265,386 353,825 363,633 330,476 6,104 11,109 10,978 11,574 133 156 194 205 3,407 3,407 3,594 4,309 8,459 10,174 10,154 2,155 2,276 2,709 4,015 5,323 5,015 2,285 2,575 2,428 339,348 252,278 304,293 15,813 11,995 15,057 254 224 296 4,021 4,014 5,201 3 565, 415 3 478, 763 3 395, 417 3 438, 318 3 415, 004 3 14,718 3 13,417 312,460 315,432 3 13,874 7,956 8,255 8,131 5,806 1,453 1,867 1,756 620 4,488 4,549 4,095 3,615 33,880 52,663 93,394 49,048 2,579 13,729 18,534 8,921 336 3,575 3,842 2,520 1,194 7,571 10,249 4,171 1,048 3 308,321 3 8,208 2,575 3 298, 782 313,706 4,437 370,138 2 2 , 1 7 8 2,220 9,562 242,938 83,086 66,733 83,387 25,464 22,604 27,031 20,407 5,134 3,473 3,242 3,287 16,143 15,201 18,767 12,771 4,187 3,929 5,022 4,327 414,875 312,185 397,418 424,216 4,020 4,313 4,515 3,503 13,211 100,727 11,447 99,081 12,551 118,954 10,467 99,645 20,260 20,124 17,848 13,368 3,376 4,120 3,638 3,385 11,975 11,010 9,221 5,529 4,897 4,992 4,989 4,453 117,456 112,295 119,365 96,631 4,311 4,678 4,723 3,842 9,515 9,632 9,399 12,277 102,216 95,701 103,694 78,819 13,351 16,134 13,115 12,699 3,601 4,605 4,243 3,995 5,418 7,061 4,975 4,917 30,467 23,394 24,980 20,374 92,756 68,222 3,852 3,075 2,897 3,729 7,668 5,881 5,832 2,936 79,746 58,177 56,969 52,019 9,955 8,004 8,888 8,524 2,160 1,552 2,851 2,543 16,711 18,389 20,232 19,589 19,282 17,600 18,005 18,194 43,088 38,150 43,172 51,346 2,101 2,439 2,702 3,124 1,437 1,125 2,775 7,058 38,662 33,658 36,705 39,936 7,232 7,080 9,362 9,998 48,410 44,475 41,246 39,063 20,465 21,256 29,946 27,792 17,905 18,691 17,913 18.291 63,842 62,265 59,375 3,300 3,466 3,586 3,187 6,997 7,359 7,0i6 7,746 44,009 50,238 51,094 47,368 33,972 32,257 45,261 24,565 20,220 22,095 17,710 16,576 20,309 63,147 58,335 64,581 2,861 2,754 3,270 7,032 6,869 8,465 51,824 48,000 51,760 2,007 1,835 2,271 1,566 190 290 4,920 3,628 3,196 2,916 1921. May.. June. I 1 Compiled from British official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 8 Figures include exports and reexports. • Figures for years 1913-1919, inclusive, are in linear yards. NOTE.—See p. 135 for exchange rate on pound sterling. 142 FOREIGN TRADE OF FRANCE. Table 104.—INDEX NUMBEBS. Based on data from Government sources.1 [ Base year in bold-faced type; numerical data on opposite page.] EXPORTS * (values). IMPORTS' (values). YEAR AND MONTH. Total all commodities. Foodstuffs. Raw material. Manufactured artldes. Total all commodities. Foodstuffs. Raw material. EXPORTS OF KEY COMMODITIES (quantities). Manu- Chemfacical tured prodartiucts. cles. < Iron and steel. LinPerSilk Cotton gerie fumes and fabrics. fabrics. wearing and Relative to 1913. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 100 76 132 245 327 100 100 188 278 384 100 71 94 197 240 100 65 185 352 524 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 265 425 577 277 311 589 624 342 204 298 498 251 398 624 767 100 71 57 90 87 100 77 77 70 59 100 70 41 58 59 100 70 60 109 106 100 67 20 20 15 100 52 15 16 14 100 82 95 95 67 100 74 36 44 31 100 73 24 35 42 100 91 77 73 44 173 422 313 50 143 349 230 54 132 337 299 79 197 472 337 10 36 83 87 4 36 135 207 64 97 123 19 63 85 106 23 41 27 111 34 59 103 90 1920. January... February. March April 22 34 99 32 53 29 86 152 145 96 97 129 128 May.... June July.... August.. 156 148 74 82 70 100 153 146 89 113 95 «623 619 577 584 •718 627 526 807 •530 543 515 421 •798 841 824 830 •330 491 366 503 •236 •312 •356 74 139 107 78 87 113 411 405 545 64 211 165 144 157 131 281 295 397 72 178 121 83 115 122 360 360 595 96 121 166 101 153 106 523 536 524 634 603 616 493 602 449 453 486 587 659 701 672 813 421 340 291 495 135 101 141 186 101 96 527 401 362 625 87 81 88 25 230 87 342 346 334 346 97 186 79 37 217 172 396 411 338 418 31 105 65 71 123 82 January... February. March April 283 230 248 254 229 255 301 258 267 195 191 215 387 307 363 363 328 331 294 237 270 281 361 64 140 101 115 90 247 308 359 217 189 69 113 88 84 233 245 329 65 207 84 106 104 80 252 302 370 89 212 107 103 May.... June July.... August.. 223 246 209 247 277 324 287 368 168 211 171 208 330 288 305 273 301 217 268 311 65 185 90 122 87 76 212 349 305 85 154 90 107 95 102 176 284 287 86 133 82 115 88 87 161 287 335 86 178 105 93 84 September. October November. December.. 317 317 332 436 458 475 374 292 289 351 450 239 230 235 310 307 305 381 210 287 340 74 257 110 108 91 100 189 311 329 76 304 98 102 152 98 224 309 320 56 278 68 89 147 92 371 355 395 76 255 132 115 185 105 September. October November. December.. 1921. 262 240 232 1922. January... February. March April 212 263 271 286 323 332 May.. June. See footnotes on opposite page. 85 143 FOREIGN TRADE OF FRANCE. Table 105.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] EXPORTS'* (values). IMPORTS » (values). YEAR AND MONTH. EXPORTS OF KET COMMODITIES (quantities). Manu- Total, ManuTotal, Raw facRaw facall com- Food- mate- tured all com- Food- mate- tured modi- stuffs. rial. modi- stuffs. rial. artiartities. ties. cles.* cles. Chemical products. Iron and steel. Millions of francs.* Silk fabrics. Llnge- Per1 Cotton I fumes fabrics. ing ap- and parel. soap. tog* Metric tons.* 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 702 534 928 1,720 2,296 151 151 285 421 582 138 90 256 486 724 573 406 328 518 501 70 54 54 49 42 155 108 64 90 91 348 244 210 379 368 92,719 61,826 18,379 18,865 14,346 84,027 43,865 12,894 13,770 11,824 514 292 388 813 990 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. 1,859 2,983 4,053 1,955 470 892 942 517 839 1,229 2,052 1,033 550 862 1,059 405 394 990 2,417 1,796 35 99 244 161 83 204 523 463 276 687 1,643 1,172 9,530 33,490 76,609 80,258 3,767 30,547 113,280 174,301 327 868 152 501 2,914 3,908 4,887 270 19,975 79,956 118,686 92,837 28,951 127,620 130,941 128,499 511 1,475 4,420 3,427 4,096 345 «l,240 1,896 1,383 2,071 68,784/ 59,258 66,524 88,662 117,087 176,880 149,503 102,081 548 1,724 125,573 80,218 90,272 28,548 85,155 68,393 156,218 88,032 59,189 200,809 60,122 82,966 117,736 158,905 173,887 177,823 59,949 79,271 79,716 79,443 155,343 129,550 111,510 149,732 68,414 70,285 52,365 70,576 216,173 255,510 233,778 214,663 421 487 488 343 630 487 4,613 3,401 1,667 2,016 1,413 653 475 154 230 277 830 722 4,286 3,887 3,311 3,131 1,891 1,470 2,514 4,402 3,862 1920. January... February. March April «4,370 4,344 4,051 4,100 61,084 947 794 1,219 6 2,185 2,236 2,120 1,736 «1,101 1,161 1,137 1,145 6 1,889 2,812 2,097 2,881 288 197 252 «484 628 457 558 3,671 3,765 3,677 4,449 911 930 745 909 1,850 1,868 2,004 2,418 910 967 928 1,122 2,413 3,017 1,962 2,268 238 281 242 288 451 561 517 524 347 386 456 390 1,101 534 425 501 502 ,932 189 173 163 176 436 478 379 468 1,258 ,614 ,743 ,779 May June July August.. ,566 ,724 1,469 1,731 419 491 434 555 456 362 331 320 ,649 ,750 ,563 ,725 152 148 123 113 415 541 440 445 1,082 September. October.... November. December.. 2,226 2,227 2,334 3,063 692 717 564 754 330 318 324 453 1,775 1,759 1,749 2,183 147 132 157 445 482 479 550 May June July August.. September. October November. December.. 2,175 1,203 1,453 743 762 752 850 620 855 725 453 407 336 3,582 6,623 3,815 4,674 8,600 1,170 1,717 3,297 631 533 739 566 1,024 748 996 660 1,499 1,418 802 1,233 5,526 2,983 4,089 4,849 5,615 5,248 4,550 4,109 3,737 7,355 3,525 1921. January... February. March April 803 786 887 871 704 856 1,204 1,192 1,446 1,856 1,248 1,144 1,288 1,062 1,000 1,167 1,183 1,145 1,113 1,373 1922. January... February. March April 1,488 1,847 1,900 1,639 1,853 1,900 May.. June. i Compiled from official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * See p. 135 for exchange rates on French francs. 8 One metric ton is equal to 10 quintals, or 1,000 kilograms, and is equivalent to 2,204.6 pounds avoirdupois. < Includes parcel post shipments. 5 Figures for months of 1921 are based on 1919 valuation, which will later be revised to a 1921 valuation. 6 Monthly average of first five months of the year. Data not available by months on account of change to final 1920 valuation. 517 355 434 549 464 463 421 542 567 505 352 680 4,586 5,196 4,867 4,756 754 577 682 579 5,613 4,931 5,326 4,285 569 4,973 4,712 4,090 5,321 596 618 576 551 990 963 1,205 3,851 3,596 3,447 3,655 3,246 4,355 3,731 3,576 4,265 4,199 3,933 4,501 144 FOREIGN TRADE OF GERMANY AND SWITZERLAND. Table 106.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] GERMANY. SWITZERLAND. TOTAL TRADE « EXPORTS OF KEY COMMODITIES (values). (quantities). TOTAL TRADE 3 (values). YEAR AND MONTH. Imports. Exports. Cotton Silk Imports. Exports. embroid- piece eries. goods. Iron and Machin- Aniline ery. steel. dyes. Coal. EXPORTS OF KEY COMMODITIES (quantities). Watches (including Aniline complete dyes. movements). Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly average average average average 100 100 4 102 4 102 100 100 4 105 100 | 178 169 125 4 100 100 86 121 125 100 4 93 100 77 88 124 4 103 100 75 82 83 143 100 101 116 114 100 73 100 130 100 102 68 59 74 40 135 72 122 111 122 99 57 73 70 92 121 53 184 27 67 128 5 252 5 72 6 142 5 105 5 124 5 261 5 76 5 117 5 105 5 137 5 219 5 238 5 57 597 5 144 5 127 5 222 5 201 536 5 71 544 594 5 139 526 577 558 546 5 112 5 130 526 5 65 5 62 556 580 5 122 5 29 5 74 5 183 543 5 114 ! 238 5226 28 240 117 21 51 221 5 162 67 61 49 64 60 29 5 216 1917 monthly average . . . 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 5 122 5 36 5 72 5 59 107 1920. January March April May JjlTlA... 4 43 4 21 423 453 426 Julv August 79 32 29 64 21 27 71 71 27 25 September October 56 20 35 48 16 30 52 17 33 79 81 74 December 54 25 34 106 39 25 30 33 1921. March May 42 37 10 24 June July August 43 39 12 30 51 74 46 41 16 33 So 52 40 21 44 58 18 23 27 33 48 36 23 42 44 33 2C 45 23 24 20 43 34 39 22 40 58 54 56 76 41 38 41 39 31 38 26 41 66 36 27 35 September October November December 5 66 1922. January February March April.. 1 : 1 Mav June i 1 See footnotes on opposite page. 145 FOREIGN TRADE OF GERMANY AND SWITZERLAND. Table 107.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] GERMANY. TOTAL TRADE * (values). YEAR AND MONTH. Imports. Exports. SWITZERLAND. EXPORTS OF KEY COMMODITIES (quantities). Coal. Thousands of dollars. Iron and Machin- Aniline ery. dyes. steel. 541,875 49,639 4 46,383 Imports. Exports. Thousands of francs. Metric tons. 1913 monthly average. $ 2 1 3 , 5 9 9 $ 1 9 7 , 8 8 3 2,883,201 1914 monthly average. <217,277 4 201,088 4 3,028,066 1915 monthly average. 1916 monthly average. TOTAL TRADE » (values). 5,357 EXPORTS OF KEY COMMODITIES (quantities). Cotton Silk embroid- piece goods. eries. Thousands of pounds. Watches (including Aniline complete dyes. movements). Thousands. Thousands of pounds. 142,393 100,575 608,748 145,883 33,139 4 5,344 159,985 123,201 140,003 198,209 114,700 98,907 139,171 203,976 1,618 1,220 1,319 1,342 399 402 461 454 1,151 835 1,156 1,500 1,292 1,319 882 760 200,429 200,122 294,449 353,568 187,290 193,579 163,598 274,841 273,092 146,921 991 793 1,042 976 471 297 160 540 426 288 1,402 1,283 1,405 1,144 654 942 906 1,187 1,559 681 6 346,276 1917 monthly average. 1918 monthly average. 1919 montlhy average. 1920 monthly average. 1921 monthly average. 4 558,674 6 288,657 5 1,171 5 567 6 1,203 6 1,603 1,487 1920. January February March April May 4 84,820 156,673 126,172 4 591,891 930,258 593,824 4 122,574 158,634 146,092 4 26,394 35,362 35,149 4 1,368 1,465 1,358 6 361,150 5 299,257 6 1,222 »466 •1,206 • 1,770 July August September October November December 110,572 95,202 102,364 106,996 588,244 447,800 481,763 711,745 189,469 162,359 176,480 182,121 39,154 40,374 33,527 52,744 2,090 1,348 1,621 1,756 5 351,066 5 273,341 » 927 6 388 • 1,656 • 1,647 6 355,781 •231,113 •584 •284 •512 •1,217 6 259,820 6 158,873 •416 •309 • 669 •590 6 178,836 5 148,830 6424 • 260 •708 6729 5 128,351 6 139,643 6 470 •204 •563 •552 6 182,155 5140,339 •576 •289 •677 •853 JilTIA, , i 1931. January February March April May June July August 89,215 92,649 98,666 111,614 73,941 78,098 80,425 79,267 293,260 355,582 453,173 613,739 129,847 162,297 177,773 240,071 25,096 36,719 39,792 29,036 963 1,219 1,452 1,783 September October November December 101,884 94,380 48,179 72,035 71,733 66,144 46,743 76,767 649,158 576,048 569,657 640,877 225,331 246,115 234,248 216,264 28,757 26,626 27,989 37,484 2,207 2,051 2,196 2,080 65,749 57,960 74,905 69,950 752,340 221,709 32,695 1,932 1999. January February March April May June 1 Compiled by U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Figures for 1913, 1914, and 1920 converted from gold marks at the rate of $0,238 per mark. Figures for 1921 converted from paper marks at the average New York exchange rate for the month. For foreign exchange rates see page 135. : 3 Figures include bullion but not coin. For foreign exchange rates see page 135. 4 Monthly average for first six months of the year. 5 Monthly average for quarter ended this month. 2 100797°—22 10 146 FOREIGN TRADE OF BELGIUM, DENMARK, AND SWEDEN. Table 108.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] BELGIUM. TOTAL TRADE (values).' YEAR AND MONTH. DENMARK. EXPORTS OF KEY COMMODITIES (quantities). Iron CeImExand ports. ports. Glass. ment. steel. TOTAL TRADE SWEDEN. EXPORTS OF KEY COMMODITIES (quantities). (values). TOTAL TRADE (values). EXPORTS OF KEY COMMODITIES (quantities). Pork Beef, But- Eggs, ImEx- Lum- Wood ImExand Coal. ports. ports. prod- veal, ucts. fresh. ter. fresh. ports. ports. ber. pulp. Iron Mg Iron. Relative to 1913. 1OO 2 102 100 100 284 100 100 100 93 135 159 127 120 157 181 148 33 133 111 305 367 191 105 140 252 202 82 27 30 32 35 24 31 33 31 308 339 414 258 120 137 56 81 91 98 90 37 56 61 72 26 29 29 30 51 92 95 98 96 101 94 85 71 65 70 31 29 33 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av. 100 av. 290 av. av. av. 1918 mo. 1919 mo. 1920 mo. 1921 mo. av. av. av. av. 113 276 217 63 239 196 27 88 54 20 84 79 11 55 58 January February... March April.... 212 237 275 238 148 195 227 254 73 91 86 82 38 65 May June July August 262 297 222 231 267 278 254 248 September. October November.. December.. 218 232 229 240 256 251 240 254 100 2 101 100 117 111 83 64 100 115 11 5 100 11 0 100 100 100 100 100 100 100 103 106 103 94 60 104 132 144 115 86 135 134 90 94 161 190 165 78 101 111 94 103 101 73 74 93 86 87 84 149 116 118 35 68 64 53 117 50 14 36 73 90 70 92 146 179 146 299 399 150 165 193 260 134 93 49 73 96 103 56 69 38 58 67 93 42 59 42 193 163 278 146 25 6 8 3 126 153 111 117 80 27 87 26 37 104 243 87 337 400 427 378 186 156 221 240 43 27 50 65 48 61 25 32 45 55 20 34 43 48 254 372 364 272 274 263 255 62 60 47 35 153 96 127 139 78 93 •87 85 136 239 219 222 445 402 469 436 333 328 393 337 106 120 201 155 159 139 151 96 48 74 74 87 92 90 80 67 474 422 367 413 296 260 294 248 28 34 45 150 8 77 150 85 66 95 70 195 155 79 38 460 424 324 279 342 320 259 252 128 104 70 48 132 121 96 80 84 82 56 32 59 53 57 67 236 224 198 156 217 178 215 220 58 57 54 70 109 73 95 48 106 64 79 86 81 111 289 264 173 165 140 150 134 130 110 101 13 6 7 5 17 8 8 14 45 54 66 80 52 46 9 25 148 146 158 222 189 221 186 255 57 76 57 91 16 19 11 10 85 117 79 102 216 230 236 265 134 132 139 146 121 101 138 165 13 20 36 63 25 21 58 73 78 80 74 29 42 14 31 191 199 198 215 208 186 170 178 77 72 68 78 18 25 70 102 9% 87 77 106 234 122 52 46 178 144 134 159 155 146 151 159 99 113 110 109 76 139 146 75 74 56 50 112 64 40 43 143 133 126 72 80 153 171 57 65 109 90 78 27 8 39 15 30 31 26 15 1930. 1921. January... February.. March April May.... June July August. September. October... November. December. 6 237 6 214 *229 6 201 663 6 71 672 654 6200 560 688 6 59 6 221 6 91 6 72 *143 6 182 5 187 663 678 6 28 6 95 1922. January.. February. March April May... June... See footnotes on opposite page. 147 FOREIGN TRADE OF BELGIUM, DENMARK, AND SWEDEN. Table 109.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] TOTAL TRADE (values).* YEAE AND MONTH. Imports, Exports. EXPORTS OF KEY COMMODITIES (quantities). CeGlass. ment. Thousands of francs.8 SWEDEN. DENMARK. BELGIUM. Iron and steel. Coal. TOTAL TRADE (values). Imports. Exports. Thousands of erowns.3 Metric tons. 4 EXPORTS OF KEY COMMODITIES (quantities). Pork products. Beef and Butveal, fresh. Metric tons.* Eggs, fresh. Thousands o] eggs. TOTAL TRADE (values). Imports. Exports. Thousands of crowns.3 EXPORTS OF KEY COMMODITIES (quantities). Lum- Wood Iron ! Pig ber. pulp. ore. i iron. Thousands o: Thousands of Metric cubic metric tons.* ] tons.4 meters. 1913 m o . 1914 m o . 1915 m o . 1916 m o . 1917 m o . a v 386,384 24,151 73,904 {144,023 415,123 a v . 2 383,858 2308,996 2 22,972 2 62,337 (2144,960 2412,414 av. av. av. 71,279 66,274 96,444 113,116 90,774 60,107 10,532 72,287 12,302 94,105 11,692 109,074 8,734 88,856 6,793 1,256 1,440 1,897 1,293 1,337 8,526 8,634 8,749 7,988 5,122 27,374 34,680 37,891 30,386 70,545 60,576 95,209 94,881 63,214 68,112 64,363 109,697 129,698 112,463 257 332 365 206 399 499 462 468 1918 m o . 1919 m o . 1920 m o . 1921 mo. av. a v . 436,357 191,077 a v . 1,065,210 724,380 a v . 837,620 594,986 6,486 21,362 13,111 14, 797 62,374 58,224 15,265 284,341 78,821 135,151 82,986 552,032 78,812 217,087 261,842 136,102 63,204 83,971 151,313 121,386 229 270 3,669 7,156 807 670 1,473 624 1,221 3,058 6,239 7,651 18,524 24,342 38,461 47,082 102,776 211,165 281,124 105,520 112,536 131,308 176,856 91,439 227 292 306 162 372 202 311 361 15,142 6,772 9,618 1920. 819,456 447,542 January February... 904,783 590,782 686,093 March... 919,402 769,918 April.... 17,590 21,982 20,694 19,795 27,716 48,120 63,572 60,435 38,240 98,122 43,715 126,832 46,787 135,948 50,459 128,182 219,498 241,781 295,414 183,722 115,783 97,900 167,121 87,903 2,666 634 792 306 1,584 1,922 1,390 1,471 6,790 2,332 7,383 2,196 9,668 27,448 64,098 22,946 237,963 282,103 301,058 266,918 126,811 106,044 150,513 163,662 140 90 165 214 49 34 43 63 136 173 242 297 3,178 5,541 6,981 7,801 May June July August 1,011,147 809,029 L ,149,490 842,665 857,714 769,832 891,713 750,963 28,978 32,989 13,483 19,649 65,205 67,168 72,501 106,369 119,988 118,494 125,223 180,876 265,275 259,282 282,366 163,751 164,531 158,175 153,455 6,529 6,300 4,912 3,684 1,927 1,204 1,593 1,752 6,681 7,897 7,387 7,234 35,694 63,036 57,530 58,318 314,190 283,316 331,104 307,602 227,112 223,559 267,699 229,832 347 395 659 510 113 99 107 68 258 400 395 469 14,916 14,575 12,943 10,899 September. October.... November.. December.. 841,904 896,222 885,414 926,204 12,435 22,118 22,844 23,632 70,969 102,224 291,155 74,388 93,903 '128,666 69,723 99,098 jl21,065 62,864 123,597 ! 136,774 337,560 300,783 261,874 294,469 177,723 156,521 176,684 148,869 2,922 3,593 4,695 6,991 1,886 95 964 1,889 7,232 5,667 8,097 5,969 51,404 40,724 20,752 9,910 324,522 299,341 228,230 197,138 232,798 217,760 176,483 171,311 421 341 229 156 451 442 303 171 9,648 8,686 9,289 10,959 167,232 159,875 140,839 111,360 130,443 106,878 129,428 132,088 6,161 6,037 5,637 7,337 1,370 921 1,193 599 9,024 5,439 6,777 7,33§ 21,308 29,210 75,994 69,624 122,308 116,218 98,906 105,538 91,250 88,7i5 75,162 68,817 43 19 22 16 12 6 6 10 244 289 3^6 428 8,464 7,510 1,441 4,016 105,665 104,233 112,791 158,520 113,354 132,851 112,040 153,317 5,993 8,010 6,017 9,588 205 241 141 127 7,205 9,943 6,705 8,701 56,848 60,542 62,230 69,740 94,872 93,242 97,917 103,310 82,110 68,513 94,168 112,612 44 66 118 205 IS 15 41 66 391 420 431 395 4,772 6,874 2,327 5,105 136,403 142,092 141,223 152,986 125,230 111,962 102,289 106,752 8,099 7,570 7,161 8,263 224 311 873 1,278 7,651 7,435 6,588 9,001 61,554 32,244 13,656 12,032 125,910 101,240 94,675 112,101 105,442 99,316 103,024 108,116 325 370 361 356 49 54 99 104 403 399 303 271 18,259 10.356 6,504 7,056 101,876 69,537 79,816 75,470 7,594 1,916 6,803 2,152 6,690 15,080 76,660 61,000 16,982 159 165 4,161 2,428 774,800 760,628 727,666 768,247 53,268 80,283 87,532 103,951 1921. January. February March April.... May.... June July.... August. 914,787 6647,663 14,467 46,762 j&102,936 *299,797 774,216 5614,577 13,010 61,526 September.. 886,671 '551,622 October November.. December.. 774,804 >566,0S7 1922. January.. February. March April 84,255 5918,361 6 9,775 & 67,076 -104,218 6595,509 15,193 57,525 40,566 5394,259 537 16,269 13,671 24,181 18,915 19,270 May.. June.. I 1 Compiled by the XT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce from official reports. »Average for first six months only. • See p. 135 for exchange rates on these countries. The Danish crown is now worth from 16 to 18 cents compared to a par value of 26.8 cents. 4 1 metric ton equals 1,000 kilograms and is equivalent to 2,204.6 pounds avoirdupois. A cubic meter equals 1.308 cubic yards. * Figures not available for separate months of 1921. These represent monthly averages for quarters, ending at these dates. « Merchandise only, exclusive of coin and bullion: 1920 averages have been calculated onfinalrevised annualfiguresand are somewhat higher than the unrevised monthly figures. 148 FOREIGN TRADE OF THE NETHERLANDS. Table 110.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type.] EXPORTS OF KEY COMMODITIES (quantities). TOTAL TRADE (values). YEAR AND MONTH. Imports. Exports ii Butter. Cheese. Relative to 1919. i| Mar- monthly average monthly average monthly average monthly average monthly average 1918 1919 1920 1921 monthly average monthly a v e r a g e . . . . . monthly average monthly average 34 22 58 79 27 100 121 97 January... February.. March April 109 116 May.... June July.... August. 100 118 Thousands of guilders.^ Relative to 1913. 100 103 131 137 85 100 112 220 233 149 100 100 107 96 59 80,394 66 23 19 69 79 25 76 131 98 46 56 66 91 50,696 235,478 277,7C2 186,685 56 55 Cheese. Margarine. Flower bulbs. Metric tons. B.—NUMERICAL DATA. 100 103 114 98 66 37 (quantities). Exports. I! Butter. A.—INDEX NUMBERS. 1913 1914 1915 1916 1917 E X P O R T S OF K E Y COMMODITIES TOTAL TRADE (values). 68,270 3,088 3,191 3,529 3,017 2,049 5,494 5,654 7,195 7,545 4,673 5,917 6,599 13,017 13,777 8,818 j 31,767 i 117,609 | 141,791 i 114,133 205 1,143 1,723 1,683 1,243 1,035 3, 770 4,358 1,459 4,495 7,749 5,789 957 1,167 1,367 l.§01 2,326 2,513 1,668 3,231 10,128 8,676 5,707 6,365 150 121 84 44 5,355 6,063 8,450 4,259 8,292 5,995 6,998 9,263 5 124 6,834 9,407 6,693 7,136 8,330 7,075 858 682 420 2,083 2,074 2,239 1,990 1,233 1920. 39 42 171 256,208 135,933 1.207 71 46 147 233,591 113,310 2,198 40 30 96 187,916 68,210 1,226 85 27 59 108 293,593 99,448 846 127 145 96 97 140 298,514 170,393 2,977 147 153 75 110 101 345,402 179,478 2,307 134 151 68 154 118 6 314,861 177,114 2,089 114 111 42 78 157 328 267,956 130,019 1,288 1,952 672 86 September. October November.. December.. 115 153 13 44 121 33 270,811 156,557 416 127 183 113 40 141 20 298,867 156,923 3,494 4,055 2,741 2,407 2,173 80 214,136 85 170,494 65 93 213,830 75 119 195,782 115,835 120,956 107,205 108,820 1,937 1,316 1,098 1,969 3,263 3,863 3,588 4,125 4,739 5,01t 5,475 7,049 110 146 173 49 2,245 1,848 1,414 2,420 4,593 5,647 4,774 6,876 6,033 5,721 5,039 6,911 5 7 355 9,061 4,327 6,507 5,591 5,371 6,022 16,306 1,31* 49 438 3,529 3,891 209 138 135 141 63 74 159 340 317,369 165,966 143 126 22 50 113 41 337,338 148,140 1921. January.. February. March April 91 72 91 91 83 May.... June July.... August. 70 103 64 73 84 102 168,115 93,819 103 60 103 97 188,560 120,816 105,420 71 80 72 46 87 85 17 170,674 121 78 125 117 435 186,640 142,566 84 115 51 79 110 495 197,271 135,750 76 98 50 66 94 63 179,043 114,695 75 September.. October November.. December.. 90 79 91 54 75 91 2 175,806 106,624 38 63 102 21 180,001 97,115 60 10 152,496 86,106 7 152,667 85,668 76 1,597 1,543 1,655 1,174 3,620 4,139 3,476 1922. January.. 65 73 57 February. 65 73 40 1,751 1,242 3,743 3,760 March April May.. June.. T i Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. « Data for years prior to 1917 based on antiquated official schedule, not comparable with later figures showing real values. » For foreign exchange rate of guilder, see page 135. 149 FOREIGN TRADE OF SPAIN. Table 111.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base year in bold-face type.] TOTAL TRADE (values). EXPORTS OF K E Y COMMODITIES (quantities). Imports. Exports. Red wine. Olive oil. Oranges. Iron ore, TOTAL, TRADE \ EXPORTS OF KEY COMMODITIES (values). | (quantities). Imports. Exports. Red wine. Olive oil. Oranges. Iron ore. YEAR AND MONTH. Thousands8 of pesetas. Relative to 1913. A.—INDEX NUMBERS. Hectoliters.8 Quintals.8 Metric tons.8 B.—NUMERICAL DATA. average., average. average.. average., average. 100 80 92 98 101 1OO 82 117 128 122 100 52 34 93 156 100 148 223 293 269 100 84 80 67 43 100 68 51 34 58 109,007 87,532 100,777 106,789 110,514 89,945 73,412 105,307 115,282 110,116 300,194 155,099 103,493 279,318 468,237 25,305 37,342 56,326 74,043 68,020 475,471 398,239 379,802 318,942 205,328 742,266 508,926 375,768 249,011 428,135 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 48 83 110 94 123 95 51 126 128 370 179 31 61 45 49 53 52 51,991 90,637 120,322 84,102 110,264 85,406 153,567 378,588 280,429 32,333 93,560 45,267 147,192 290,893 214,942 362,105 391,708 385,055 70 74 121 106 115 128 123 145 308 348 171 82 83 70 70 30 39 65 73 81,699 105,167 128,947 100,505 62,704 66,243 108,728 95,656 345,511 384,721 368,705 436,471 47,910 77,942 88,057 43,394 391,694 395,520 332,573 330,960 222,167 286,143 480,882 537,636 92 104 93 85 108 113 81 42 120 79 312 185 37 19 1 59 80 44 119,876 135,444 120,847 151,365 82,486 93,730 83,481 76,197 323,177 338,085 242,314 125,089 30,435 20,122 78,873 46,727 176,276 89,662 5,388 334 437,611 594,182 329,434 613,933 85 105 101 80 56 81 78 52 141 177 108 7 6 46 128 53 19 48 47 114,983 109,135 115,035 161,339 76,075 94,237 90,947 72,218 168,003 242,942 233,766 156,365 35,613 44,679 27,261 1,790 310 28,852 219,645 607,976 395,002 140,473 357,087 34)5,866 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly September October November. December 1921. January.. February. March.... April 128 127 106 110 72 71 71 67 61 68 78 36 8 14 17 18 131 170 167 137 50 33 21 19 140,010 138,897 116,060 120,121 64,714 63,513 63,573 60,570 182,003 204,822 233,988 109,365 2,046 3,521 4,249 4,675 623,465 807,139 792,713 649,423 370,746 243,111 159,141 143,262 May.... June July.... August. 115 95 80 76 59 57 104 75 32 38 35 41 14 32 122 339 67 18 1 2 10 7 7 9 125,644 103,966 86,995 83,151 52,857 51,450 93,176 67,449 96,289 114,896 104,433 122,831 3,547 7,974 30,873 85,686 317,151 84,993 6,610 9,032 74,642 53,890 48,386 69,405 88 81 93 100 90 87 58 67 72 375 431 327 (9 17 18 32 95,769 87,872 101,576 89,762 80,645 78,421 175,268 201,038 215,222 94,834 109,070 82,669 1,626 19,628 241,051 126,745 131,044 233,843 September.. October November.. December.. 4 51 1922. January... February. March April May.. June.. 1 Compiled from official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. » The Spanish peseta at present exchange rates is worth about 15 cents. 8 One quintal contains 100 kilograms and is equivalent to 220.46 pounds. One metric ton equals 10 quintals or 2,204.6 pounds. One hectoliter equals 26.4 gallons. « Less than one. 150 FOREIGN TRADE OF ITALY AND NORWAY. Table 112.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] ITALY. NORWAY. Exports of key commodities. YEAR AND MONTH. Cotton Wine in barrels. single. Cotton cloth, colored or dyed. Silk, raw. Silk, fabrics. Cod, salted. Herring, Norway Wood salted. saltpeter. pulp. Printing paper. Lumber. Relative to 1913. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 100 121 51 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 172 33 41 January.. February. March April 177 175 72 1OO 75 108 87 58 1OO 79 93 73 56 1OO 104 145 128 103 1OO 93 76 59 29 1OO 91 200 201 171 1OO 106 54 65 51 1OO 90 103 99 60 1OO 96 107 111 47 1OO 85 112 106 105 30 46 51 20 149 130 36 91 106 35 66 56 107 86 91 33 23 64 197 240 311 178 76 89 166 115 75 71 57 60 125 62 85 77 83 38 40 32 42 44 35 56 59 68 143 99 148 167 73 97 75 80 78 63 62 82 108 92 18 19 31 11 525 348 307 164 331 95 48 219 139 91 105 114 166 117 73 143 150 May.... June... July.... August. 46 42 28 32 73 88 64 19 157 167 131 108 155 90 93 63 57 27 31 92 132 94 80 58 54 52 53 315 354 264 197 263 58 23 99 84 109 37 145 140 139 114 135 79 42 September. October November.. December.. 67 41 54 23 25 46 51 100 164 88 91 100 196 106 120 42 60 41 102 75 80 95 76 121 143 115 265 464 284 255 273 152 200 225 71 76 38 68 161 141 103 84 36 67 58 44 38 34 107 56 77 54 40 29 29 31 12 30 91 65 16 11 55 41 27 32 107 32 27 47 94 28 100 102 67 69 50 100 110 1920. 1921. 230 264 180 January... February.. March April 58 61 69 61 41 51 54 189 126 143 111 58 99 66 71 47 58 77 75 73 74 45 20 24 52 275 187 179 May.... June July.... August. 21 53 22 16 55 90 66 36 112 113 57 193 64 109 54 91 60 144 47 76 52 84 45 52 47 42 86 93 18 38 65 179 36 50 20 14 57 66 September. October November.. December.. 31 32 162 82 70 44 57 28 295 194 98 211 91 46 168 205 43 57 72 85 319 113 18 1922. January.. February. March See footnotes on opposite page. 110 151 FOREIGN TRADE OF ITALY AND NORWAY, Table 113.—ffTTMEBICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page. ITALY. NORWAY. Exports of key commodities. Cotton Cotton yarn, un- cloth, Wine in Lemons. bleached, colored barrels. single. or dyed. Y E A R AND MONTH. Thousands of gallons. Silk fabrics. Silk, raw. Cod, salted. Herring, Norway salted. saltpeter. Thousands of pounds. Wood pulp. Printing paper. Lumber. Cubic meters. Metric tons. 1913 1914 1915 1916 1917 monthly average.. monthly average., monthly average.. monthly average.. monthly average.. 3,292 3,973 1,673 915 2,275 55,815 56,657 37,661 38,545 27,979 1,790 1,975 3,173 3,134 1,293 5,696 4,267 6,147 4,964 3,307 1,352 1,066 1,261 983 760 167 173 242 214 172 4,756 4,440 3,629 2,809 1,373 6,880 6,269 13,741 13,804 11,779 5,911 6,265 3,217 3,833 2,994 38,797 35,105 40,102 38,354 23,126 8,*O5 7,843 8,808 9,133 3,884 63,673 54,100 71,254 67,578 66,912 1918 1919 1920 1921 monthly average.. monthly average.. monthly average.. monthly average.. 5,668 1,089 1,345 16,762 25,484 28,270 360 2,674 2,334 2,041 5,159 6,035 469 895 756 179 143 152 1,563 1,112 3,063 2,276 13,567 16,499 21,413 12,249 4,469 5,257 9,785 6,823 28,947 27,609 34,075 18,968 4,714 4,913 10,263 5,100 54,419 48,782 52,677 23,980 January.. February. March April 1,331 1,048 1,376 1,436 19,810 31,495 33,118 37,940 2,554 1,774 2,658 2,994 4,155 5,521 4,248 5,600 817 1,078 1,056 853 104 137 180 154 854 909 1,477 543 36,103 23,972 21,128 11,315 19,579 5,598 2,848 12,942 34,405 33,427 53,999 35,380 8,627 9,346 13,647 9,580 38,367 46,392 91,310 95,643 May...., June July.... August. 1,501 1,368 938 1,050 40,916 49,127 35,626 10,498 2,805 2,986 2,342 1,942 3,936 8,806 5,102 5,318 849 772 359 423 154 221 157 134 2,766 2,547 2,461 2,543 21,660 24,350 18,178 13,545 15,560 3,451 1,345 5,880 34,282 32,750 42,095 14,217 7,228 11,929 11,463 11,410 72,697 85,827 50,096 26,969 September.. October.... November.. December.. 764 2,206 1,347 1,769 12,926 14,122 25,444 28,223 1,795 2,941 1,578 1,633 5,684 11,157 6,038 6,859 564 812 560 924 170 125 133 158 3,616 5,744 6,810 5,470 18,256 31,925 19,536 17,576 16,165 8,963 11,802 13,306 27,458 29,632 14,687 26,436 13,222 11,609 8,441 a, 854 22,636 22,968 42,513 36,708 January.. February. March April 1,920 2,010 2,277 1,598 33,875 22,932 28,339 30,023 1,746 2,255 2,561 1,987 3,312 5,628 3,776 4,017 448 633 782 1,045 113 126 122 124 2,157 2,470 27,243 18,900 12,887 12,319 13,567 15,585 10,657 5,765 31,946 17,130 14,758 13,345 8,752 4,620 6,292 4,436 25,556 18,300 18,663 19,833 May.... June July.... August. 684 1,746 708 536 30,939 50,197 36,714 20,345 2,006 2,015 1,021 3,450 3,627 6,210 3,073 5,156 815 1,947 630 1,027 87 141 75 87 2,218 2,001 4,070 4,425 1,218 2,647 4,504 12,308 1,082 2,141 2,948 7,788 5,347 22,055 25,797 999 2,497 7,438 5,304 10,321 7,200 34,906 25,842 September.. October November.. December.. 1,020 17,800 2,891 5,036 1,108 117 2,109 2,717 1,346 1,689 20,310 13,380 6,728 14,548 5,353 2,726 9,930 12,122 16,541 22,045 ^7,922 32,938 2,217 2,622 8,741 7,285 20,195 17,307 30,073 59,562 21,932 6,687 28,636 1920. 1921. 950 1,161 1922. January... February.. March T 1 Compiled from official reports by U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 54,804 152 FOREIGN TRADE OF THE AMERICAS. Table 114.—INDEX NUMBERS. Based on data from Government sources.1 [ Base year in bold-faced type; numerical data on opposite page.] CANADA.3 YEAR AND MONTH. BRAZIL. EXPORTS OF KEY COMMODITIES (quantities). Canned Paper, Imports. Exports. salmon. printing. Cheese. Wheat. Total Total imports. exports. TOTAL, TRADE (value). URUGUAY/ ARGENTINA.* Total Total Total Total imports. exports. Imports. exports. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average average average average average 1918 monthly 1919 monthly 1920 monthly 1921 monthly average average average average 100 92 68 76 100 121 126 313 100 93 100 126 72 316 124 157 116 70 368 127 189 121 74 100 85 107 108 135 113 150 76 84 215 100 290 199 125 164 248 206 233 229 100 144 421 208 412 137 336 226 451 159 341 292 486 185 321 146 185 387 156 288 255 100 56 58 100 76 100 74 106 42 132 116 222 81 78 208 178 55 86 129 168 471 61 126 106 205 84 518 90 78 141 178 85 264 583 21 58 121 234 105 139 176 178 71 368 10 22 136 193 82 74 77 170 313 62 100 78 112 110 106 167 253 65 174 283 100 187 118 154 101 132 <172 199 <194 6 154 5 213 6 174 5 268 5 215 5 181 1920. January... February.. March April May.... June.... July.... August. September.. October November.. December.. 203 256 99 548 64 27 194 180 141 122 241 345 106 591 73 59 169 179 104 81 228 340 96 498 195 71 207 149 96 89 222 362 52 580 190 57 263 163 91 83 112 47 266 171 99 92 326 182 85 83 206 307 248 495 189 417 147 527 99 198 176 473 375 518 115 312 167 83 95 154 480 252 532 73 415 141 92 108 1921. January.. February. March.... April 129 129 166 117 261 211 221 140 107 134 69 58 469 432 619 67 137 208 199 161 151 140 162 157 91 72 89 92 May.... June July.... August. 122 103 112 116 193 190 180 198 44 191 110 472 361 346 469 534 40 120 188 118 47 184 152 194 124 128 152 198 176 September. October November.. December.. 107 106 115 190 259 279 277 317 610 289 104 500 537 548 594 164 120133 115 134 224 65 85 252 349 412 109 244 1922. January... February. March April 107 110 388 134 124 97 72 44 92 150 110 553 12 73 97 150 72 578 36 194 106 778 27 189 63 71 73 77 70 117 74 101 85 106 53 84 75 63 213 67 142 203 77 68 181 213 72 MayJune. 1 Compiled from reports of the respective governments by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. » No actualfiguresavailable for 1921. Official estimate for first 6 months gives a monthly average import of 71,000,000 pesos, and exports of 84,000,000 pesos. 8 Yearlyfiguresrepresent the monthly averages for the Canadianfiscalyear which ends March 31. Hence the 1921 average. 4 Figures by months not available for 1920. Official estimate by Argentine Minister of Finance. 5 Monthly average for quarter ended this month. «Import values are official; export values are real. 153 FOREIGN TRADE OF THE AMERICAS. Table 115.—NUMERICAL DATA. From Government sources*1 [ Base year in bold-faced type; index numbers on opposite page.] CANADA." YEAR AND MONTH. TOTAL TRADE (value). Imports. Exports Thousands of dollars.* 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly BRAZIL. EXPORTS OF KEY COMMODITIES (quantities). Canned Paper, salmon. printing. Cheese. Wheat. Thousands of bushels. Thousands of pounds. Total imports. Total exports. Thousands of milreis.* URUGUAY/ ARGENTINA.* Total Total Total Total imports. exports. imports. exports. Thousands of Uruguayan pesos." Thousands of gold pesos.* average. average. average. average. average. $55,934 51,600 37,996 42,350 70,538 931,423 1,757 5,092 2,888 4,095 4,026 24,465 48, 763 60,767 77,201 90,052 12,942 12,076 11,442 16,081 16,492 8,378 10,540 5,993 13,145 15,804 83,958 46,821 48,583 67,563 69,811 81,814 62,581 86,858 94,741 99,348 4,196 3,102 2,914 2,940 3,101 5,708 4,852 6,107 6,155 7,709 41,352 37,953 39,287 64,858 98,268 26,877 25,457 30,511 31,693 43,263 33,594 48,515 47,750 45,848 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 80,294 76,643 88,711 103,347 132,181 105,730 107,222 100,869 ?,648 3,976 5,127 2,563 100,849 110,405 118,938 125,938 14,573 12,684 10,533 11,135 12,533 3,484 6,498 10,776 82,450 111,188 174,219 140,820 94,758 181,560 146,034 142,477 3,190 3,508 4,103 9,635 12,274 6,729 41,717 54,648 «71,166 66,789 85,914 «83,919 January February March April 103,579 87,497 142,497 98,291 121,518 90,357 98,219 55,870 4,976 4,446 4,638 1,256 115,251 126,665 142,615 89,934 7,920 11,621 2,697 1,238 10,554 6,552 4,852 1,825 89,338 118,087 101,671 114,550 167,706 145,353 191,704 157,615 3,528 3,558 4,390 3,444 9,553 9,718 7,915 10,656 6 63,753 6 92,277 May.... June July August.. 113,321 134,692 127,269 124,318 80,418 108,495 106,911 113,767 1,741 922 134,149 144,592 121,944 141,903 8,291 9,424 25,187 24,622 2,296 4,944 5,929 4,767 162,963 141,733 173,815 220,408 146,978 146,467 121,673 133,679 5,933 4,370 4,033 3,823 6,959 4,645 5,077 4,723 September. October November.. December.. 115,122 105,770 98,661 85,882 96,404 131,147 148,748 150,950 4,350 2,581 6,589 4,436 121,223 128,809 126,762 130,043 14,511 12,847 14,944 9,467 3,926 16,547 26,134 34,734 223,746 273,497 225,993 244,832 140,221 149,051 136,515 115,449 4,166 3,576 3,463 3,879 5,223 4,654 5,447 6,178 January February March April 72,252 71,971 92,601 65,311 81,934 66,315 69,468 44,076 1,873 2,351 1,214 1,012 114,683 105,671 151,547 94,927 8,715 3,348 1,028 216 11,446 9,181 7,486 4,983 242,113 174,306 167,327 135,354 123,397 114,095 131,726 128,036 3,802 3,028 3,714 3,881 10,319 12,171 6,694 4,208 May.... June July.... August. 68,302 57,644 62,406 65,147 60,734 59,692 56,440 62,363 775 3,363 1,931 8,301 88,356 84,760 114,636 130,643 5,178 15,561 24,370 15,258 8,112 6,003 3,649 3,972 154,186 127,709 162,799 104,272 104,520 123,291 161,790 144,374 3,211 2,862 2,662 2,970 5,789 4,850 6,026 3,008 September.. October November.. December.. 59,722 59,518 64,271 60,050 59,590 81,256 87,640 87,186 5,571 10,710 5,079 1,821 122,414 131,416 134,110 145,320 21,182 17,346 16,008 8,371 7,145 101,121 111,754 96,216 112,682 182,997 165,879 154,950 174,667 3,057 3,231 2,953 4,809 4,297 3,613 1922. January February March April 51,476 54,294 79,337 47,098 47,004 60,847 1,935 1,269 1,861 135,402 141,458 190,391 1,520 4,708 3,533 91,526 199,441 1920. 1,858 1,688 1921. 21,131 29,254 34,492 6,103 5,602 6,042 May.. June. * EXCHANGE RATES. Country. Canada Brazil Uruguay Argentina Unit. Dollar. Milreis Peso.. Peso See footnotes on opposite page. Pre-war Approximate par present value. value. $1.00 0.32 1.03 0.96 $0.97 0.14 0.72 0.83 6 71,931 6 115,872 6 88,895 6 78,313 154 FOREIGN TRADE OF ASIATIC COUNTRIES. Table 116.—INDEX NUMBERS. Baaed on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page ] JAPAN. BRITISH INDIA. Total trade (value), YEAR AND MONTH. Imports. Exports. Exports of key commodities. Rice (quantities). Cotton, raw (quantities). Total trade (value). Jute, Cotton raw, and manum a n u - Imports. Exports. factures factures (value). of (value). Exports of key commodities. Silk, raw Cotton yarn Cotton fabrics (value). Silk fabrics (value). 100 93 112 178 253 1OO 85 88 108 127 1OO 121 121 115 98 1OO 104 115 179 379 1OO 86 110 129 160 121 143 87 131 90 47 66 64 708 834 997 606 299 413 403 229 Relative to 1913. 100 114 86 82 93 1OO 101 74 80 100 93 105 129 208 103 133 104 January.. February. March April 187 146 1OO 144 140 120 121 1OO 71 74 24 40 151 133 178 May.... June— July.... August. 1913 monthly average*. 1914 monthly average*. 1915 monthly average 8 . 1916 monthly average 8 . 1917 monthly average*. 100 109 115 225 150 99 131 150 139 229 221 310 332 308 198 35 191 280 147 337 335 104 28 37 173 149 129 445 331 56 42 1,099 704 154 40 214 205 160 541 367 46 40 1,288 595 139 57 165 194 152 413 96 50 1,346 478 177 135 50 165 228 149 487 367 111 36 1,066 436 194 113 59 115 185 118 362 349 108 51 962 373 211 99 32 72 114 132 259 304 230 average .. average 8 .. average 8 .. average 8 .. 99 50 116 100 162 1918 monthly 1919 monthly 1920 monthly 1921 monthly 8 100 82 73 79 112 1OO 118 78 107 116 100 34 67 158 165 216 106 29 68 160 192 237 102 27 46 171 176 24 70 127 72 57 49 104 142 1920. September.. October November.. December.. 1921. January.. February. March ApriJ,,...., May June July August..., 236 236 91 441 92 57 727 136 118 1,138 193 293 101 119 1,044 353 177 254 98 113 1,005 273 146 178 198 52 775 279 156 150 173 166 45 684 207 109 28 293 332 112 173 142 41 84 826 142 196 146 62 44 715 207 721 211 190 35 145 181 75 123 95 86 225 179 83 84 193 68 148 124 71 229 219 149 140 100 221 155 95 82 172 181 247 200 119 72 665 248 145 80 52 116 152 57 244 203 149 52 516 259 132 84 74 105 124 69 181 187 136 48 582 200 155 96 54 129 212 75 217 200 155 39 516 241 147 98 25 121 126 118 212 182 136 33 439 217 175 89 11 109 108 111 214 212 144 47 510 218 197 97 12 108 106 127 250 173 106 13 January.., 206 112 31 February.. 141 108 March.... 160 135 338 218 September.. October November.. December.. 230 175 47 514 266 277 224 60 580 314 294 166 102 54 505 161 323 192 108 1922. 195 107 April May.. June.. See footnotes on opposite page. 155 FOREIGN TRADE OF ASIATIC COUNTRIES. Table 117.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] BRITISH INDIA. Total trade (value). Exports of key commodities. YEAR AND MONTH. Imports. Exports. Thousands of rupees. 2 average 3 . average 3 . average 3 . average 3 . average 8 . JAPAN. Rice. Cotton, raw. Long tons. Total trade (value). Jute, Cotton raw, and manu- manu- Imports. Exports. factures. factures of. Thousands of rupees.2 Thousands of yen.2 134,166 152,707 114,941 109,989 124,696 205,074 207,399 151,326 164,552 204,348 230,277 204,209 130,164 113,959 136,656 30,740 44,276 43,121 36,892 37,135 10,167 10,100 6,675 8,005 11,369 41,601 49,250 32,275 44,684 48,300 60,786 49,645 44,379 63,036 86,318 52,705 125,354 140,862 173,310 279,669 202,137 211,568 272,328 213,622 163,728 171,096 55,023 30,450 15,330 35,694 30,882 11,112 15,226 41,081 54,477 62,262 57,796 139,012 181,121 194,681 134,513 January... February.. March April 250,768 195,586 238,618 216,759 310,290 272,934 315,695 284,428 80,951 85,911 92,684 132,291 58,739 53,074 65,779 50,675 28,507 15,108 20,859 19,725 61,041 53,811 66,755 63,436 May..... June July.... August . 237,272 260,230 282,583 276,206 231,899 203,446 205,973 114,551 136,802 74,705 79,334 50,583 35,266 22,154 20,544 23,227 18,796 11,585 16,092 September. October November.. December.. 289,945 318,151 316,332 316,273 218,101 209,644 188,579 200,984 66,673 63,133 55,382 75,699 20,803 14,190 21,630 22,105 January... February.. March April 312,561 254,361 242,591 258,689 186,059 176,335 181,815 180,427 64,559 79,652 171,774 157,099 May.... June July.... August. 207,853194,594 177,173 208,001 194,258 164,999 172,880 195,992 September. October.... November.. December.. 197,090 234,806 264,004 231,600 276,201 189,300 214,800 1913 monthly 1914 monthly 1915 monthly 1916monthly 1917 monthly 1918monthly 1919 monthly 1920 monthly 1921 monthly 3 average . average 3 . average 3 . average 3 .. Exports of key commodities. Silk, Cotton yarn. Thousands of pounds. Cotton fabrics. Silk fabrics. Thousands of yen. 2 2,800 3,279 2,792 14,997 18,220 18,162 17,230 14,658 2,903 3,209 5,004 10,622 2,835 3,602 4,219 5,238 163,508 174,906 162,366 104,403 2,658 3,155 1,917 2,888 13,507 7,086 9,901 9,665 19,826 23,359 27,914 16,973 9,794 13,540 13,201 7,495 204,768 270,643 329,028 296,832 176,348 174,288 193,570 217,457 2,296 1,228 1,004 2,119 4,271 6,303 6,044 7,511 23,240 30,760 36,073 37,693 14,450 23,100 19,506 15,667 62,191 49,249 54,931 295,950 220,184 157,134 123,198 193,363 183,810 154,318 175,061 2,442 2,389 2,022 3,005 5,342 7,627 8,545 17,756 29,853 26,926 20,347 31,856 14,303 12,217 9,963 12,714 16,235 17,356 12,885 15,857 79,740 73,016 60,882 62,242 117,600 107,670 108,023 105,145 154,355 133,814 104,606 87,404 2,227 2,152 1,138 984 17,791 16,935 10,328 10,354 29,226 28,153 21,604 19,147 11,577 8,954 9,163 6,801 30,305 44,543 37,750 45,555 11,123 10,164 9,669 12,649 46,565 37,063 35,612 29,708 105,231 .119,268 136,953 139,439 75,067 76,689 94,105 115,535 1,367 1,831 3,270 12,615 6,646 12,564 20,981 23,141 20,007 20,190 19,294 4,640 6,803 6,920 7,235 189,272 119,225 170,270 124,249 52,751 35,740 32,306 39,658 18,370 15,445 12,649 21,535 26,101 23,587 28,640 31,095 149,883 148,116 110,270 132,059 105,370 107,086 98,663 105,523 2,614 3,287 3,001 3,414 10,842 7,737 7,164 5,884 18,618 14,455 16,302 14,441 8,129 8,477 6,555 7,894 200,037 181,986 199,190 217,600 58,708 25,985 27,529 30,187 37,163 38,574 33,272 51,656 12,776 10,949 10,790 49,294 46,104 52,951 38,868 129,166 130,375 151,955 161,440 95,844 111, 597 121,288 146,071 2,985 3,175 3,858 4,927 4,894 7,078 7,075 8,999 12,305 14,291 14.395 16,253 7,114 7,144 8,732 10,295 229,910 222,000 276,900 70,389 59,963 10,924 36,687 178,807 196,100 205,400 87,271 101,100 114,800 2,239 8,124 14,152 5,272 11,702 22,844 49,258 59,026 93,956 133,584 2,202 1,871 1,945 2,385 1920. 1921. 1922. January... February.. March..... April May.. June.. 1 Compiled by the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerc , from official reports. * See page 135 for exchange rates. » These figures in the case of British India represent monthly averages for the British I ndian fiscal year, which ends March 31. 156 FOREIGN TRADE OF AUSTRALIA AND NEW ZEALAND. Table 118.—INDEX NUMBERS. Based on data from Goverment sources.1 Base year in bold-faced type; numerical data on opposite page.] i NEW ZEALAND. AUSTRALIA.* TOTAL TRADE (values). EXPORTS OF KEY COMMODITIES TOTAL TRADE (quantities). ; (values). E X P O R T S OF KEY COMMODITIES (quantities). YEAR AND MONTH. Imports. Exports. Wheat. Butter. Wool, greasy. Imports. Exports. Gold. Butter. Cheese. Mutton. Wool. Relative to 1913. 1913 monthly average.. .. 1914 monthly average. 1915 monthly average 1916 monthly average 1917 monthly average 100 1OO 1OO 1OO 100 100 81 97 96 77 95 125 10 67 129 71 22 99 84 77 63 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 78 128 124 205 103 145 191 168 54 104 192 179 95 54 52 122 46 86 104 79 1920. January . February... March. .. April 120 106 146 154 191 207 216 165 183 195 194 198 229 173 161 138 236 226 233 231 138 157 195 156 January Tfyhrnary March April 262 178 217 176 174 189 165 183 Mav 160 143 105 110 173 177 126 136 102 104 115 132 139 147 162 183 130 139 160 198 May Jimp. July . August . September. October November December... ... 103 478 545 100 98 98 118 94 1OO 114 138 145 138 1OO 117 113 96 68 1OO 141 134 155 145 1OO 114 123 102 69 1OO 118 105 99 96 306 106 266 255 109 138 276 193 124 235 202 195 116 93 84 241 144 257 200 224 57 134 174 153 58 147 87 85 1/59 161 208 230 227 143 226 188 323 143 113 78 337 129 325 254 112 95 126 136 122 55 92 74 264 282 228 180 223 208 62 24 59 2 90 163 321 276 151 134 201 228 128 78 88 58 323 325 214 204 177 206 32 25 72 72 223 61 161 57 201 234 217 249 84 102 63 100 359 233 251 287 279 172 237 317 484 224 401 457 292 207 266 332 206 116 153 187 66 72 87 151 202 186 100 141 206 209 259 132 125 79 85 42 361 274 309 112 121 246 440 148 69 91 112 92 147 162 93 115 149 174 43 180 300 477 9 58 191 275 89 57 53 15 121 35 61 64 163 222 521 357 58 222 »214 3 63 •133 * 230 •129 3 29 .115 »278 j 277 332 »58 38 »68 »163 >48 »156 »109 *335 413 344 1921. Julv August September October Novpiribfr December «263 *174 *72 »137 »347 »151 «65 »299 134 110 1922. Februarv March April.. Mav ay June i 1 " * 1 See footnotes on opposite page. .: I 157 FOREIGN TRADE OF AUSTRALIA AND NEW ZEALAND. Table 119.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page. AUSTRALIA.* NEW ZEALAND. TOTAL, TRADE || E X P O R T S OF KEY COMMODITIES ! TOTAL TRADE i (values). ; (quantities). | (values). Y E A R AND MONTH. Imports. Exports. || Wheat. Wool, Butter. | greasy. I Gold. Imports. Exports. i E X P O R T S OF KEY COMMODITIES (quantities). Butter, i Cheese. ! 3Iutton. Thousands cf £ sterling. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. £6,646 average.. average.. 5,369 average.. 6,479 average.. 6,352 £6,548 3,577 5,049 6,232 8,163 351 2,385 4,607 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average.. 5,195 8,528 8,248 13,611 6,777 9,497 12,485 11,000 1,915 3,714 6,873 6,399 1920. January February March April 8.005 7,033 9,695 10,228 12,516 13,576 14,139 10,836 May.... June July.... August. 12,180 12,986 12,867 13,190 14,964 11,349 10,517 9,050 September.. October November.. December.. 15,704 15,032 15,464 15,363 9,036 10,253 12,741 10,197 1921. January February March April 17,420 11,841 14,418 11,671 11,372 12,390 10,788 12,010 May.... June July.... August. 10,661 9,491 7,S07 7,341 11,354 11,580 8,248 8,892 6,798 6,900 7,656 8,800 8,640 9,250 September.. October November.. December.. 1922. January February March April ! 6,308 5 44,286 £174 4,502 1,393 6,240 36,996 34,053 27,768 ISO 6,023 3,426 3,251 7,702 20,242 38,169 46,028 34,817 £1,857 ! £ 1 , 9 1 6 1,821 ! 2,188 1,811 ; 2,646 2,195 ! 2,774 1,743 2,635 831 949 Wool. Thousands of pounds. 3,474 4,051 3,921 3,347 2,374 5,709 8,062 7,628 8,861 8,267 20,530 23,360 25,185 20,937 14,137 15,544 18,373 16,381 15,459 14,856 2,020 2,556 5,133 3,579 2,376 4,498 3,870 3,736 4,023 3,228 2,912 8.386 8,245 14,675 11,406 12,775 11,631 27,474 35,667 31,329 9,060 22,854 13,527 13,226 2,946 2,983 3,862 4,268 4,349 2,749 4,321 3,594 11,212 4,956 3,925 2,719 19,264 7,374 18,570 14,509 22,908 19,462 25,816 28,009 18,977 8,534 14,336 11,469 4,903 5,237 5,144 6,168 4,368 3,444 4,270 3,993 2,162 844 2,062 80 5,141 9,285 18,313 15,731 31,008 27,493 41,213 46,872 19,940 12,061 13,755 9,057 7,669 6,386 5,992 6,038 4,098 3,906 3,394 3,955 1,098 873 2,515 2,499 12,743 3,460 9,217 3,261 41,296 48,132 44,604 51,187 13,131 15,817 9,774 15,477 6,665 4,329 4,665 5,338 5,339 3,291 4,546 6,068 16,826 7,770 13,945 15,865 16,651 11,842 15,172 18,973 42,199 23,738 31,509 38,481 10,285 11,156 13,599 23,546 3,747 3,448 1,856 2,624 3,943 3,998 4,959 2,525 4,357 2,750 2,952 1,444 20,585 15,629 17,648 6,408 24,866 50,569 90,410 30,486 10,662 14,134 17,385 14,376 9,081 9,610 10,629 12,000 2,732 2,489 2,036 3,015 1,786 2,206 2,854 3,325 1,482 6,256 10,423 16,559 504 3,316 10,878 15,698 18,206 11,696 10,850 3,054 18,739 5,488 9,437 9,944 10,480 12,980 3,020 4,253 18,097 20,376 11,874 34,504 533 185 462 444 3 7,653 3 3,950 3 58,742 3 400 3 4,628 3 1,838 3 51,048 3 484 3 2,073 3 487 3 29,904 3 284 3 1,716 3 9,822 3 48,365 3 583 3 9,396 3 12,413 3 10,979 j 3 32,034 3 9,518 3 28,967 »238 *520 May.. June.. V 1 Compiled by the U. S. Department of Commerce^ Bureau of Foreign and Domestic Commerce, from official sources. Figures show "general trade," including coin and bullion. 3 1913 average is for calendar year. Other averages are for fiscal years ending June 30. 8 Monthly average for quarter ending this month. 158 FOREIGN TRADE OF EGYPT AND SOUTH AFRICA. Table 120.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] EGYPT. UNION OF SOUTH AFRICA. EXPORTS OF COTTON (quantities). YEAS AND MONTH. Total. EXPORTS OF KEY COMMODITIES (quantities). TOTAL TRADED (values). To United States. Imports. Exports. Wool. Hides and skins. 3 Maize. Meat and meat products. Gold. Diamonds. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly average . . average.. average 5 . average.. 100 85 99 78 58 100 138 250 182 92 100 85 79 96 90 100 60 25 36 43 100 76 96 77 66 100 85 97 98 83 100 958 1,302 1,522 2,043 100 118 408 1,015 2,635 72 96 57 83 225 188 151 120 124 248 136 50 150 125 87 65 104 68 130 70 114 78 73 2,221 1,073 327 3,388 1,054 2,577 751 152 208 141 150 146 249 105 106 67 207 140 136 75 414 405 12 3 703 102 79 118 88 102 76 37 37 14 13 70 39 18 2 4 39 26 3,136 106 47 540 91 26 202 111 31 23 27 49 83 50 63 57 55 157 488 1,606 769 1,548 433 3«1 1,032 102 27 95 37 100 55 100 52 11 42 44 93 47 50 37 79 44 1920. January.. February. March April 197 129 57 26 May June July August. 28 22 18 14 September.. October November.. December.. 15 43 65 75 861 155 697 212 22§ 197 55 217 128 250 57 298 31 298 20 275 3 276 37 261 74 280 78 253 96 79 103 121 242 16 250 54 27 506 79 10 96 45 1921. January... February., March April 57 43 81 28 82 46 202 9 214 157 159 138 72 82 78 87 71 164 74 44 32 44 29 24 1,013 1,812 3,863 6,874 16 78 84 107 77 70 74 86 7 9 2 3 May.... June July August.. 58 42 43 81 21 38 30 120 112 110 114 75 77 91 80 102 132 140 106 23 90 59 82 4,669 1,744 1,784 4,022 113 118 9 68 75 79 95 76 2 4 8 5 97 104 116 119 251 275 359 421 131 120 124 133 95 88 108 101 102 106 301 220 114 146 166 108 4,602 31 98 6,27* 105 79 3,158 42* 78 6 837 5 103 10 September. October.... November. December.. 1922. January... February. March April May.. June. Bee footnotes on opposite pag6. 159 FOREIGN TRADE OF EGYPT AND SOUTH AFRICA. Table 121.—NUMEEICAL DATA. From Government sources.1 [Base year in bold-faced tjspe; index numbers on opposite page.] UNION OF SOUTH AFRICA. EGYPT. EXPORTS OF COTTON (quantities). YEAR AND MONTH. Total. To United States. TOTAL TRADE * (values). Imports. Exports. EXPORTS OF KEY COMMODITIES (quantities). Wool. Thousands of pounds sterling (£). Kantars.a Hides and skins.3 Maize. Meat and meat products. 581,057 492,482 574,928 451,411 339,475 56,127 77,376 140,526 102,406 51,751 £3,566 3,033 2,819 3,432 3,197 £5,555 3,352 1,405 1,996 2,387 1918 monthly average... 1919 monthly average... 1920 monthly average 4 .. 1921 monthly average.. 418,307 559,075 333,456 399,310 46,785 126,155 105,724 84,868 4,296 4,427 8,827 4,850 2,764 8,318 15,411 4,830 1,143,810 752,053 332,529 152,576 483,196 390,931 123,351 30,635 5,529 7,566 7,009 7,735 May.... June July.... August. 160,192 126,410 106,176 80,061 71,675 32,150 17,575 11,326 8,904 September.. October November.. December.. 84,383 247,418 379,459 435,390 1921. January February March April Diamonds. Thousands Thousands of ounces. of carats. Thousands of pounds. 1913 monthly average... 1914 monthly average... 1915 monthly average... 1916 monthly average... 1917 monthly average... Gold. 837 457 14,748 '5,228 11,165 4,421 5,071 4,865 4,319 1,912 18,319 24,897 29,100 39,059 151 178 616 1,532 3,979 19,202 3,649 5,945 4,101 3,823 42,458 20,522 6,253 64,770 1,592 3,891 1,134 230 781 739 214 229 170 26 11,571 7,820 8,331 8,133 36,792 10,839 15,540 7,343 7,908 7,750 231 50 182 366 377 1,062 662 719 722 856 203 73 248 362 9,804 6,562 4,880 5,674 4,240 5,494 5,410 2,074 1,917 1,653 40 82 737 501 4,736 815 305 764 890 760 930 719 216 121 141 124 1,526 20,798 41,351 43,555 9,858 9,290 9,985 9,014 5,158 5,308 4,404 5,719 3,349 4,033 7,262 12,172 2,639 3,295 2,960 2,885 2,993 9,330 30,715 14,698 2,337 654 454 ^558 853 794 661 800 126 170 47 208 333,881 249,795 470,508 160,109 45,909 25,730 113,235 5,118 7,638 5,588 5,677 4,919 3,987 4,547 4,346 4,839 10,468 1,651 2,314 1,535 1,274 19,373 34,636 73,863 131,425 24 118 127 162 644 587 618 721 31 41 May.... June July August.. 336,096 245,214 250,599 207,038 45,240 11,976 21,426 16,745 4,286 3,981 3,932 4,071 4,184 4,252 5,069 4,450 1,218 2,635 3,102 4,268 89,272 38,348 34,113 76,892 170 178 14 102 630 660 799 638 11 21 36 25 September. October.... November. December.. 563,746 606,97§ 675,341 692,414 141,105 4,679 4,290 4,411 4,729 5,303 4,880 6,001 5,587 5,978 7,614 8,665 5,647 87,994 119,948 60,374 16,009 47 159 647 7 820 659 655 21 37 25 46 1920. January February March April 154,085 201,758 236,085 10,623 10,610 14,167 11,366 9,805 9,636 9,959 15,587 7,086 9,876 3,931 24,204 10,949 6,491 15,001 19,418 20,712 15,666 15,068 15,643 44,430 32,431 3,641 2,020 922 459 240 51 191 200 1922. January February March April MayJune. 1 Compiled from official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 1 One Egyptian kantar is equal to 99.05 pounds. * Includes ox, cow, sheep, goat, and seal. * The monthly averages for 1920 are obtained from the yearly totals. In some cases they do not check exactly with the preliminaryfiguresreported each month6 Tradefiguresrepresent general imports (including specie and articles for South African Governments), and domestic exports (including raw gold). 160 COAL PRODUCTION IN FOREIGN COUNTRIES. Table 122.—INDEX NUMBERS. From Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] COAL. United Kingdom. YEAR AND MONTH. Germany. France. Belgium. LIGNITE. Czechoslovakia. Poland. Netherlands. Japan. Canada. Union of South Africa. Germany. Czechoslovakia. Relative to 1913. 1918 monthly 1919 monthly 1920 monthly 1921 monthly 100 67 48 52 71 100 61 72 64 54 85 94 80 81 98 74 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthlv average 1917 monthly average 66 64 100 92 88 89 86 average average average . average 79 80 80 57 1OO 85 77 84 88 1OO 1OO ! 1OO 1OO 1OO 1OO 1OO 73 103 105 91 96 96 62 121 96 88 94 101 74 138 107 96 114 108 65 161 124 94 118 110 181 132 100 112 115 181 147 91 117 108 210 137 88 130 128 86 131 141 92 120 79 116 77 81 74 98 78 67 95 82 79 86 98 65 72 197 127 91 114 80 88 78 69 176 128 85 106 64 70 105 86 56 200 157 85 135 63 75 100 83 69 189 153 79 61 69 1OO 74 1920. January February March April : i 109 95 125 122 85 73 81 91 73 58 185 153 79 131 120 86 69 90 99 67 67 205 145 90 134 132 80 76 73 95 100 82 78 224 132 87 141 127 85 70 September October November December 65 100 May June July August 68 90 97 84 64 222 116 87 135 133 86 93 98 73 94 100 81 66 229 125 90 131 139 41 75 96 103 78 63 235 130 88 136 144 85 67 75 93 86 85 70 229 134 99 137 135 87 98 75 97 108 74 65 235 147 98 141 139 90 1921. January February March April 77 107 86 69 221 118 85 134 139 95 84 98 84 70 179 104 78 122 138 91 72 87 95 87 76 188 122 74 131 136 97 24 75 88 90 85 82 186 114 62 135 ! 143 91 24 55 86 84 78 56 182 109 70 135 j 129 83 24 65 96 89 83 83 216 104 74 132 138 88 64 68 95 93 79 82 212 102 78 131 139 88 69 74 99 97 85 82 199 92 91 141 146 93 86 73 100 99 80 82 223 101 83 135 143 92 71 76 98 100 72 238 108 78 123 145 84 75 74 97 95 81 83 125 144 97 94 September October N o vem ber December 95 76 69 May June July. 76 73 75 107 103 77 152 98 74 77 89 88 124 91 i 98 1 " | I 1922. January February March April May ........ 81 98 92 102 i .. . i See footnotes on opposite page. 151 161 COAL PRODUCTION IN FOREIGN COUNTRIES. Table 123.—NUMEKICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] LIGNITE. COAL. Y E A R AND MONTH. United Kingdom. Germany, France. 0) 0) Bel- CzechoNetherslogium. vakia. Poland, lands. Japan. Union Czechoof Canada. South Germany. slovakia. Africa. Thousands of metric tons.3 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average., average.. average.. average., 24,342 22,499 21,443 21,711 21,044 15,842 13,449 12,239 13,264 13,979 3,404 2,294 1,628 1,776 2,410 1,904 1,393 1,181 1,405 1,243 1918 monthly 1919 monthly 1920 monthly 1921 monthly average.. average.. average.. average.. 19,286 19,458 19,402 13,758 13,376 i 9,723 i 10,950 1 11,351 2,188 »1,822 12,890 13,213 1,157 1,540 1,866 1,817 January.. February. March April 19,567 19,790 2 23,927 18,042 10,400 10,157 10,146 10,035 2,927 2,715 2,380 2,553 1,870 1,684 2,006 1,901 May.... June July.... August. 17,795 2 24,225 18,409 17,151 10,224 11,008 11,509 10,788 2,766 3,065 3,218 3,074 September.. October November.. December.. 2 23,883 9,960 16,191 3 23,891 11,550 1,189 803 156 161 189 216 251 874 928 970 534 631 283 283 328 1,776 1,858 1,707 1,908 2,197 1,135 2,336 1,133 1,035 1,001 2,606 2,437 1,031 1,003 1,095 1,062 665 641 626 757 785 7,269 6,975 7,329 7,849 7,962 747 776 867 870 1,918 8,389 10,249 1,411 1,641 1,756 828 8,700 8,426 7,902 8,900 1,516 1,473 1,823 1,634 895 8,705 9,572 9,235 9,651 1,645 1,539 1,623 1,648 10,103 1,779 1,627 1,664 1,722 7,820 9,303 1920. 11,870 11,S14 11,926 771 933 981 581 553 451 558 307 274 312 295 2,260 2,267 2,787 2,712 1,737 1,887 1,911 1,856 863 796 979 1,004 467 541 627 517 288 320 349 347 2,719 2,577 2,340 2,068 3,213 3,283 3,171 3,317 1,909 1,967 1,634 2,052 966 924 1,015 874 526 509 560 522 357 367 358 367 2,223 2,315 2,375 2,602 1,018 1,002 1,119 1,114 3,246 2,875 2,969 3,009 2,041 1,778 1,800 1,712 1,027 998 1,039 1,012 557 566 609 661 345 279 293 290 2,101 1,849 2,173 2,018 965 2,919 3,258 3,218 3,386 1,592 1,700 1,777 1,840 926 988 944 1,014 447 666 658 660 284 337 330 311 1,933 1,844 1,804 1,642 3,393 3,337 3,309 3,632 1,876 1,906 1,818 1,965 949 861 964 914 659 672 711 703 348 1,792 1,920 1,026 1,038 757 960 707 965 897 901 1,016 992 872 905 913 937 10,493 9,839 10,110 1921. January.. February. March.... April 18,854 17,661 16,712 12,009 12,009 11,460 11,906 May.... June July.... August. 8,771 60 15,463 16,869 September.. October November.. December.. 3 20,980 17,251 18,174 3 22,951 10,295 10,731 11,727 11,607 11,977 11,708 11,923 372 840 705 10,071 811 873 897 10,039 877 873 10,058 9,876 10,374 9,369 844 8S3 1,036 947 887 944 10,068 10,606 10,359 818 S32 824 10,567 653 1,817 1,749 1,867 1,750 1,597 1,696 1,685 1,786 1,766 1,618 1,860 1,883 10,979 10,479 11,029 1922. January.. February. March April 17,990 19,763 12,166 1,872 1,760 729 24,746 June.. 1 Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Figures for France include lignite (averaging 66,000 tons per month i n 1913). Beginning 1919, Alsace-Lorraine (averaging 203,000 tons monthly in 1919, and 264,000 tons in 1920), is included with France instead of with Germany and beginning 1920, the Saar district (784,000 tons per-month) is similarly transferred. Upper Silesia, whose disorders were responsible for the curtailment of German production i n May, 1921, is still included with Germany. 2 Five weeks' period; other months cover four weeks. 3 One metric ton is equivalent to 2,204.6 pounds. 100797°—22 11 162 METAL PRODUCTION IN FOREIGN COUNTRIES. Table 124.—INDEX NTJMBEBS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] PIG IRON. YEAR AND MONTH. United Kingdom. STEEL INGOTS. Canada. France. Belgium. Luxemburg. United Kingdom. ZINC. LuxemCanada. France. Belgium. burg. Relative to Apr.- Relative Dec. aver- to 1920. age, 1920. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. 1OO 52 11 29 33 86 100 69 81 88 104 92 104 88 106 72 81 78 96 25 46 64 25 60 65 100 87 100 57 4 4 60 100 102 112 120 128 100 71 87 122 149 100 56 23 41 47 50 24 27 38 125 103 118 47 161 89 106 64 38 46 62 63 20 26 32 37 20 106 97 111 47 39 15 118 125 131 124 107 47 100 58 3 5 (<) 10 45 35 100 72 63 77 Stocks in ProducUnited tion in King- Belgium. dom. 100 109 <<) (4) 72 14 51 32 32 49 28 49 35 49 40 30 36 32 115 93 43 48 30 103 105 62 55 47 118 103 64 58 49 114 105 70 60 55 113 109 50 G2 70 100 79 I 1920. January... February. March April May.... June July.... August.. 78 87 45 75 76 47 82 82 46 78 92 41 17 18 58 65 83 104 52 44 21 132 85 95 62 49 27 132 88 100 54 25 124 88 111 69 74 56 30 111 103 105 108 121 87 112 80 51 35 138 114 76 54 102 110 62 125 85 60 38 85 128 82 60 72 84 116 47 112 82 57 41 79 111 79 59 65 75 114 64 80 61 41 117 64 79 73 77 121 1931. January... February. March April 49 69 71 46 68 67 69 67 54 51 51 46 45 39 13 34 77 76 56 11 46 68 61 31 68 67 63 65 59 49 48 71 65 60 54 62 2057 118 93 66 62 May June July.... August.. 67 65 64 60 65 66 62 59 37 33 22 22 1 39 33 35 18 68 60 74 62 83 62 62 56 59 31 27 13 14 56 61 57 55 62 62 71 71 September. October.... November. December.. 52 60 19 23 29 36 42 67 64 60 17 76 47 63 83 52 16 82 44 69 86 72 23 70 48 56 59 68 69 48 60 49 76 31 81 71 78 88 105 38 72 45 48 51 38 39 76 65 48 September. October.... November. December.. 1922. January... February. March April 57 40 56 117 110 127 May.. June. 0) 77 1 See footnotes on opposite page. 163 METAL PRODUCTION IN FOREIGN COUNTRIES. Table 125.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page PIG IRON. YEAR AND MONTH. United Kingdom. Canada. France. Thousands2of long tons. 1913 1914 1915 1916 1917 monthly average. monthly average. monthly average. monthly average. monthly average. 1918 1919 1920 1921 monthly average. monthly average. monthly average. monthly average. 1920. January... February. March April May June July August. September. October November. December.. 1921. January... February. March April May June July August.. September. October November.. December.. 1922. January... February. March April STEEL INGOTS. Belgium. Luxemburg. Thousands of metric tons. 3 855 84 744 58 434 224 49 754 87 124 11 163 785 87 145 1 127 733 207 121 212 152 133 756 109 612 201 21 51 106 667 81 276 93 58 218 50 280 73 81 43 665 73 195 41 645 64' 205 54 69 198 66 77 179 76 31 738 87 224 92 45 726 80 271 101 58 751 84 300 111 53 752 93 321 115 64 741 94 348 106 74 533 105 371 125 81 403 94 356 118 683 54 349 127 112 105 83 386 300 106 28 60 292 96 72 642 41 464 58 11 56 283 76 80 1 55 285 69 83 71 74 10 54 267 45 94 50 255 45 158 44 244 40 88 236 50 256 47 100 272 48 295 61 94 275 40 301 74 102 288 32 312 300 34 390 Canada. France. Thousands2of long tons. Belgium. Luxemburg. Thousands of metric tons.3 Stocks in United Kingdom. Production in Belgium. Short tons. 639 653 713 766 817 87 62 76 106 130 396 221 91 163 186 205 116 101 97 83 110 90 799 658 755 302 140 77 92 56 151 182 246 250 1 28 104 65 73 32 50 63 754 798 840 794 92 195 194 188 186 57 72 79 100 40 30 36 32 29,208 7,210 172 244 255 277 26,220 30,047 28,927 28,794 8,125 113 119 123 30 47 49 56 300 324 314 312 111 122 120 121 70 73 25,954 21,520 18,987 19,640 8,483 121 100 98 110 72 63 20 58 16,635 15,239 16,158 19,538 9,161 264 251 257 244 245 223 232 64 55 27 28 57 62 58 56 21,280 21,002 20,331 19,473 35 33 47 64 77 83 71 82 18,374 80 846 845 790 709 885 544 505 747 95 292 United Kingdom. ZINC. 84 97 93 90 91 94 105 99 111 97 56 40 484 359 71 59 53 27 6 3 117 434 52 429 405 443 381 56 43 236 206 277 302 328 415 549 33 315 64 54 72 72 75 42 s 25,477 17,945 7,740 61,06 4,476 5,027 6,439 7,992 8,158 8,433 9,007 8,841 9,359 7,199 5,115 4,762 4,806 4,817 5,457 5,512 5,500 17,275 6,019 15, 738 6,801 14,297 8,122 12,781 9,092 9,335 8,543 7,140 9,866 May.. June. 1 Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official reports, except zinc stocks in United Kingdom, and zinc production in Belgium reported by American Bureau of Metal Statistics; iron and steel production in United Kingdom reported by British Federation of Iran and Steel Manufacturers; Canadian production by Department of Trade and Commerce, Dominion Bureau of Statistics. * A long ton contains 2,240 pounds. * A metric ton is equivalent to 2,204.6 pounds. 4 Index number less than 1. * Average for 9 months, April-December. 164 EMPLOYMENT IN FOREIGN COUNTRIES. Table 126.—INDEX NUMBERS. Based on data from Government sources,1 [Base year in bold-faced type; numerical data on opposite page.] UNITED KINGDOM. YEAB AND MONTH. GERMANY. Trade Compulsory unions. insurance. BEL- NETHERGIUM. LANDS. SWEDEN. NORWAY. DENAUSMARK. CANADA. TRALIA. Relative to 1919. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 100 1OO 99 102 102 102 1OO 1OO 1OO 1OO 1OO 1OO 100 101 102 102 96 99 88 90 99 95 98 99 97 100 103 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. 101 102 100 100 100 87 00 100 January... February. March April 99 101 101 101 97 99 100 101 May June July August.. 101 101 101 101 101 101 101 101 September. October November. December.. 100 100 97 99 95 4 102 101 1OO 100 102 99 81 100 87 91 96 99 100 101 101 101 100 100 100 97 99 102 102 99 99 100 3 95 <102 «102 1OO 98 97 101 99 99 101 Relative to 1913. 99 77 1920. 99 94 100 96 101 97 101 97 99 97 100 101 94 99 98 99 101 100 100 104 101 100 102 101 105 101 99 101 101 106 101 2 101 97 100 102 101 106 97 100 101 100 106 101 101 102 100 100 101 100 99 97 98 105 105 102 92 87 83 83 85 2 100 101 90 97 100 99 99 95 98 99 85 95 94 92 99 79 70 71 85 88 90 100 100 101 85 89 91 95 2 100 97 93 90 2 99 1921. January... February. March April 95 93 92 84 May June July August.. 79 79 September. October November. December.. 87 86 86 85 91 90 87 102 102 102 101 85 87 100 85 85 87 70 79 81 80 ss 88 91 93 95 97 97 83 83 79 79 90 78 75 76 84 77 98 78 76 75 85 84 83 87 87 90 90 89 90 88 86 81 87 86 87 88 90 94 95 95 96 92 1922. January... February. March April 85 68 89 89 94 * See footnotes on opposite page. 2 95 2 94 2 95 165 EMPLOYMENT IN FOREIGN COUNTRIES. Table 127.—NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] UNITED KINGDOM. GERMANY. Compulsory insurance. Tradeunions. Y E A R AND MONTH. BEL- NETHERGIUM. LANDS. SWEDEN. NORWAY. DENMARK. CANADA TRALYAJ i Per cent employed. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 97.9 97.7 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 94.9 83.8 85.4 94.2 90.4 95.6 93.3 92.2 95.8 96.1 98.4 97.6 97.9 99.2 99.1 92.5 90.1 92.3 95.1 90.8 3 92.07 < 98.13 « 98.13 90.0 91.1 92.8 95.6 94.5 94.6 73.9 9S.6 98.4 97.7 82.6 89.3 94.2 80.1 ^98.50 96.58 95.37 87.47 96.6 97.1 98.1 98.0 89.4 91.5 92.3 92.0 92.4 92.5 95.5 96.5 97.4 97.6 98.0 98.2 86.8 90.4 93.3 96.5 95.98 96.04 96.87 97.48 97.3 97.4 97.3 97.1 97.3 96.0 94.0 94.1 92.7 94.1 95.1 95.0 97.1 96.6 97.2 97.0 99.0 99.2 98.9 98.5 97.2 97.9 97.9 97.6 97.60 97.86 97.65 97.63 97.8 94.7 96.3 93.9 96.2 95.9 96.3 94.2 95.5 95.8 96.1 95.9 94.2 93.6 92.8 82.6 95.9 95.8 92.8 86.6 97.1 95.5 93.0 84.2 98.2 97.8 96.5 93.2 97.3 96.7 93.9 84.9 96.74 »93.8 89.76 86.95 *92.2 January... February. March April 93.1 91.5 90.0 82.4 91.8 90.5 88.7 85.0 95.5 95.3 96.3 96.1 80.7 77.3 68.5 68.8 86.1 88.1 79.8 79.2 75.4 75.8 88.7 85.1 83.9 82.9 May June July August.. 77.8 76.9 33.3 83.7 82.7 82.2 85.2 86.8 96.3 97.0 97.5 97.8 67.7 77.1 78.6 78.3 90.6 91.9 92.4 92.7 74.7 72.1 72.2 73.2 September. October November.. December.. 85.2 84.4 84.1 83.5 87.8 87.2 84.3 83.8 98.7 98.8 98.6 5 98.4 82.3 86.4 86.1 88.6 93.2 93.1 74.2 72.8 71.4 66.1 96.4 95.8 98.8 98.4 98.4 97.1 92.8 96.8 97.8 99.0 99.2 97.6 97.6 84.7 96.2 86.3 96.3 96.2 97.2 January... February. March April 97.1 98.4 98.9 99.1 93.9 95.6 96.4 97.2 May June July August.. 98.9 98.8 98.6 98.4 September. October.... November. December.. 99.6 99.4 97.3 96.1 78.4 93.5 91.7 90.7 94.2 92.9 94.2 93.-1 93.5 1920. 294.4 »93.8 1921. 78.3 86.93 83.88 83.52 83.73 82.2 79.1 82.1 85.3 81.4 83.2 83.3 82.3 84.54 86.85 90.90 91.29 85.3 84.9 83.4 81.6 79.2 74.8 91.53 92.58 88.94 84.91 80.3 76.8 76.4 2 88.6 *87.5 188.6 1922. January... February. 83.2 . 1 86.10 i March | April ! 1 65.2 96.7 j ! T I 86,20 j 90.40 I Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Canadian figures furnished direct by Dominion Department of Labour, Employment Service of Canada. The figures, except in the case of British compulsory insurance, which relate to the operations of the government labor bureau, represent the percentage of trade-union members employed. They have been converted, by inverting, from the original figures showing percentage unemployed. a Quarter ending this month 1 December. 4 Average of quarters, March, June, September, and December. 5 The report for December covers 6,075,755 organized workers of whom only 97,687 or 1.6 per cent were unemployed. 166 CANADIAN FINANCE AND EMPLOYMENT Table 128.—INDEX NUMBERS. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS FAILURES. YEAR AND MONTH. BANK CLEARINGS. Firms. BOND ISSUES. Government and Liabilities. provincial. Municipal. Total public. EMPLOYMENT SERVICE OF CANADA. Corporation bonds. Placements. Applications. Vacancies. Relative to 1913. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 100 85 82 111 Regular. Casual. Relative to 1920. 100 185 194 95 82 100 161 405 393 1,271 100 73 57 43 25 100 101 132 1OO 159 144 97 61 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 144 174 210 181 45 34 54 131 75 61 133 307 1,312 1,457 220 301 51 27 46 73 447 498 101 145 100 100 100 83 107 87 77 100 151 1920. January... February. March Aprii 205 177 198 194 44 43 45 159 92 202 68 336 233 35 39 90 51 48 167 108 11 3 18 190 109 88 101 108 67 71 95 115 71 75 93 115 71 76 89 109 May.... June July.... August.. 210 207 210 191 34 46 53 57 46 52 363 77 278 113 425 41 9 43 28 30 94 65 153 33 81 81 8 54 91 88 91 140 109 92 104 179 104 95 95 171 122 118 120 120 September. October.... November. December.. 200 242 246 41 57 70 123 119 101 151 327 85 209 198 458 30 36 56 108 47 91 100 218 104 99 13 190 84 146 95 75 52 124 107 86 55 103 111 89 72 413 60 100 59 33 171 69 115 114 33 130 81 170 103 81 87 108 50 43 66 98 52 45 54 85 80 78 87 100 167 153 416 100 59 31 57 44 10 1921. January... February. March April 186 161 167 183 128 110 105 91 392 204 305 177 237 290 May.... June July.... August. 184 170 161 95 113 132 131 246 390 255 297 497 204 531 90 49 63 36 190 107 192 75 16 (3) 41 102 96 104 184 81 95 201 75 71 81 188 117 152 188 167 167 192 208 200 157 180 147 187 344 311 411 349 777 309 216 70 246 October.... November. December.. 44 413 130 118 52 122 122 156 126 126 102 91 93 132 86 57 51 114 72 44 38 221 235 185 198 217 207 139 437 483 23 110 167 123 65 107 102 90 57 39 143 56 35 138 137 1922. January... February. March April 167 664 47 73 320 May. June. See footnotes on opposite page. 167 CANADIAN FINANCE AND EMPLOYMENT. Table 129.—NUMERICAL DATA. From Government and non-Government sources,1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS FAILURES. BANK CLEARINGS. Firms. Liabilities YEAR AND MONTH. Millions of dollars. EMPLOYMENT SERVICE OF CANADA. BOND ISSUES. Placements. Government and provincial. Municipal. Total public. Corporation bonds. Applications. Thousands of dollars. Vacancies. Regular. Casual. 2 Number. $775 659 637 859 1,021 153 241 219 148 93 $1,388 2,562 2,698 1,312 1,138 $4,422 7,118 17,901 17,385 56,198 $9,647 7,032 5,542 4,158 2,365 $14,069 14,150 23,444 21,543 58,562 $6,171 3,644 1,888 3,540 2,708 1,115 1,351 1,627 1,400 68 52 82 199 1,035 843 1,845 4,257 58,000 64,429 9,749 13,311 4,917 2,583 4,466 7,052 62,917 70,123 14,216 20,447 628 5,121 3,846 5,121 41,533 44,240 40,165 35,002 30,503 23,376 6,588 9,926 1920. January February March April 1,591 1,374 1,534 1,505 67 65 68 50 828 683 2,213 1,281 8,950 2,998 14,850 10,300 3,404 3,718 8,647 4,962 12,354 6,716 23,497 15,262 650 160 1,115 11,725 45,308 36,361 42,146 44,921 26,858 28,348 38,200 46,380 21,553 22,861 28,268 35,216 4,651 4,979 5,860 7,160 May June July August.. 1,626 1,607 1,627 1,484 51 70 639 719 5,035 1,065 12,300 5,000 18,800 1,795 916 4,149 2,718 2,900 13,216 9,149 21,518 4,695 5,000 5,000 500 3,350 37,687 36,401 37, 728 57;941 43,744 36,848 41,861 71,847 31,845 29.002 31,576 52,253 8,033 7,749 7,916 7,923 September. October.... November. December.. 1,549 1,872 1,909 1,849 62 107 187 1,648 1,396 2,090 4,543 3,750 9,250 8,750 20,250 2,900 3,517 5,386 10,376 6,650 12,767 14,136 30,626 None. 6,100 800 11,750 43,376 40,896 40,601 35,028 58,685 38,096 30,273 20,845 37,712 32,721 26,274 16,747 6,794 7,330 5,892 4,770 1931. January February March April 1,440 1,249 1,294 1,418 194 167 159 139 5,441 2,831 4,232 2,455 18,250 None. 10,500 12,840 5,754 9,661 5,671 3,203 24,004 9,661 16,171 16,043 2,050 8,000 5,000 10,500 42,794 33,535 36,239 44,974 19,910 17,165 26,649 39,292 15,940 13,849 16,330 26,076 5,299 5,156 5,727 6,561 May June July August.. 1,466 1,426 1,319 1,245 144 171 201 199 3,419 5,415 3,544 4,119 21,980 9,002 23,500 4,000 4,700 6,092 3,465 6,544 26,680 15,094 26,965 10,544 1,000 None. 2,500 None. 42,560 40,037 43,123 76,427 34,396 32,517 38,175 80,762 22,849 21,736 24,604 57,249 7,732 9,985 12,384 11,007 September. October November. December.. 1,291 1,491 1,614 1,549 238 273 224 284 4,768 4,314 5,705 4,840 34,350 13,668 9,558 3,097 23,754 4,563 6,997 4,219 58,104 18.231 16,555 7,317 7,500 7,500 9,650 7,750 52,340 42,509 37,740 38,596 53,195 34,602 23,031 20,330 34,777 21,971 13,488 11,647 14,584 15,483 12,179 13,014 1922. January February March April 1,304 1,110 1,298 330 314 212 6,067 9,221 4,445 21,370 None. 2,182 10,645 23,552 17,278 4,000 6,633 42,233 37,345 23,000 22,571 11,825 10,624 9,118 9,002 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly avgrage. 1918 monthly 1919 monthly 1920 monthly 1921 monthly average. average. average. average. May.. June. I 1 Data on operations of Canadian employment service prorated from weekly reports of Dominion Department of Labor, Employment Service of Canada; issues of Canadian bonds compiled by The Financial Post; bank clearings and business failures from Bradstreet's. 3 Placements are termed casual when employment lasts one week or less. 1 Index number less than one. 168 ARGENTINE MOVEMENT OF GRAIN AND FLAXSEED. Table 130.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-faced type.] SHIPMENTS.' VISIBLE SUPPLY.' FlaxWheat. Corn. Oats. Flax- Wheat. Corn. seed. SHIPMENTS.* Wheat. Corn. Oats. VISIBLE SUPPLY.* Flaxseed. Wheat. Corn. Flaxseed. YEAR AND MONTH. Relative to 1913 or 1914. Thousands of bushels. A.-INDEX NUMBERS. B.—NUMERICAL DATA. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 191? monthly average. 100 35 1OO 1OO 1OO 1OO 1OO 71 40 83 37 149 1OO 3,002 89 92 67 97 179 219 194 7,681 82 60 90 63 396 299 326 7,027 32 15 30 14 183 106 71 2,745 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 104 11 60 39 276 103 209 8,959 116 40 37 82 116 178 359 9,965 179 91 46 100 164 195 200 15,383 62 60 45 125 108 394 5,308 January.. February. March.... April 213 77 242 96 65 119 May.... June July.... August. 8,611 15,770 11,204 14,435 9,428 2,352 5,118 3,336 2,761 3,222 2,099 467 2,588 3,496 2,036 3,408 4,618 1,557 964 5,193 7,647 10,445 3,717 728 1,415 2,374 515 1,700 6,234 14,378 9,412 3,055 1,903 2,357 2,298 1,304 2,752 3,324 4,174 7,130 3,617 6,233 6,830 3,767 < 1,520 2,617 1,457 2,867 4,641 10,256 4,740 2,992 4,240 3,814 1920. 236 183 192 18,359 12,209 1,841 2,866 6,105 6,400 1,400 200 142 247 20,858 15,201 3,341 3,954 5,180 4,960 1,800 240 30 142 257 172 440 20,663 7,510 1,553 4,749 6,660 6,000 3,200 105 64 185 315 200 302 32,905 16,530 3,262 6,160 8,140 7,000 2,200 430 68 17 94 400 114 74 36,998 10,798 871 3,146 10,360 4,000 540 264 90 43 52 329 137 7-* 22,704 14,157 2,216 1,744 8,510 4,800 540 291 69 28 77 143 137 165 25,049 10,845 1,423 2,575 3,700 4,800 1,200 81 75 47 61 286 192 6,947 11,883 2,428 2,027 925 10,000 1,400 27 107 65 103 343 192 2,321 16,832 3,318 3,436 555 12,000 1,400 12 127 24 138 286 165 993 20,105 1,217 4,595 185 10,000 1,200 1 135 11 90 252 220 97 21,334 587 3,012 8,800 1,600 44 11 52 21 92 137 6,935 585 1,744 3,200 1,000 63 32 18 11 30 61 71 46 275 1,223 9,943 1,520 2,022 1,850 1,600 2,000 50 85 93 29 412 6,054 5,081 2,557 2,405 1,000 3,000 66 186 143 23 440 8,927 2,874 3,373 2,820 ! 6,203 | 3,700 800 3,200 157 49 153 255 17 549 13,503 1,695 2,525 5,109 I 6,600 600 4,000 112 43 38 82 329 137 824 9,655 6,782 1,969 65 35 122 255 172 385 7,379 10,259 1,798 123 September.. October November.. December.. 48 382 79 280 143 229 330 5,923 19,466 4,040 97 71 149 275 3,133 17,772 4,506 2,720 4,075 , 9,344 I 3,236 i I 4,163 | 555 1921. January.. February. March April 14 70 104 May.... June July.... August. 36 September.. October November.. December.. 113 8,510 4,800 6,000 6,600 6,000 2,800 3,700 8,000 2,400 1,850 5,200 2,000 2,600 20 79 125 72 149 357 1,726 12,487 2,632 1,859 5,200 27 63 99 100 114 192 2,336 9,990 480 3,302 2,590 4,000 1,400 12 51 58 122 137 192 1,055 7,978 978 1,934 3,145 4,800 1,400 32 55 155 114 92 495 2,782 8,616 1,193 5,162 2,960 3,200 3,600 2,000 51 1922. January.. February. March April May.. June.. 87 37 223 321 28 43 50 229 275 7,530 5,788 2,196 2,538 5,920 2,400 272 48 302 19,213 7,603 4,414 2,662 7,030 2,000 2,220 186 385 27,600 4,485 2,556 2,661 4,810 1,600 2,800 T i Shipments of wheat, corn, and oats as reported in the Northwestern Miller. Shipments and visible supply of flaxseed as reported in the Oil, Paint, and Drug Reporter, Visible supply of wheat and corn in chief ports reported by Modern Miller. * Monthly figures are totals of weekly figures with first and last week of month prorated. 8 At end of week nearest end of the month. < Ten-month average. 169 SOURCES OP DATA. CURRENT PUBLICATION. 1 DATE OF PUBLICATION. I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN. Price index for Australia Federal Reserve Bulletin Second week of month. BANK OF JAPAN Price index for Japan Federal Reserve Bulletin Second week of month. CANADIAN DEPARTMENT OF LABOR Priceindex for Canada Labour Gazette (Canadian) P^mployment in Canadian trade unions Employment Operations of Canadian employment service... Employment AUSTRALIAN COMMONWEALTH'S BUREAU OF CENSUS AND STATISTICS. Monthly. Semimonthly. Semimonthly. FEDERAL RESERVE BANK OF CHICAGO. I Savings deposits in Seventh Federal Reserve ; Business Conditions ' Monthly. District. ! FEDERAL RESERVE BANK OF N E W Foreign exchange rates and index Federal Reserve Bulletin and daily state- ! Daily and monthly. YORK. I ment. FEDERAL RESERVE BANK OF PHILA- Savings deposits in Third Federal Reserve j Business and Financial Conditions Monthly. DELPHIA. District. FEDERAL RESERVE BOARD. Foreign exchange index numbers.. Federal Reserve Bulletin ! Monthly (second week of month). Debits to individual accounts Federal Reserve Bulletin and weekly press I Sunday newspapers and monthly. releases.* j Condition of Federal Reserve banks Federal Reserve Bulletin and weekly press ! Friday morning newspapers and releases.* j monthly. Condition of reporting member banks Federal Reserve Bulletin and weekly press Friday afternoon newspapers and releases.* monthly. Money held outside U. S. Treasury and Federal Reserve Bulletin ' Monthly. Federal Reserve Systems. Wholesale price index numbers Federal Reserve Bulletin j Monthly. Department store trade; in cooperation with Federal Reserve Bulletin ! Monthly. National Retail Dry Goods Association. Index numbers of department store and gro- Federal Reserve Bulletin Monthly. cery trade. Paper and wood pulp production, prices, etc.. Monthly press releases * FEDERAL TRADE COMMISSION. INDIAN DEPARTMENT OF STATISTICS.. Price index for India INTERSTATE COMMERCE COMMISSION.. Railway revenues and expenses NEW YORK STATE DEPARTMENT OF LABOR. Telephone operating revenue and income Telegraph operations and income New York State factory employment and earnings. PANAMA CANAL Federal Reserve Bulletin Monthly. Labor Market Bulletin and press releases *. I Monthly. Annual report | j Yearly. The Panama Canal Record Semimonthly report * | Panama Canal traffic PENNSYLVANIA DEPARTMENT OF LA- Unemployment in Pennsylvania. BOR AND INDUSTRY. Second week of month. Preliminary statement of operations of Class I roads. Not published Not published New York State canal traffic N E W YORK STATE DEPARTMENT OF PUBLIC WORKS. | Newsprint, 20th to 25th of the month, I other paper and wood pulp, 1st of following month. ; Last weekly issue of month. Semimonthly. Market Reporter 2 U. S. DEPARTMENT OF AGRICULTURE— | Beef,pork, and lamb production. BUREAU OF ANIMAL INDUSTRY. U.S. DEPARTMENT OF AGRICULTUREBUREAU OF MARKETS AND CROP ESTIMATES. Prices of farm products to producer . Wool consumption and stocks Crop production Monthly Crop Reporter * Market Reporter 2 "-"•* ~ Monthly Crop Reporter" releases.* Market Reporter 2 Market Reporter a Market Reporter« Market Reporter 2 2 Market Reporter Monthly Crop Reporter 2 Cold storage holdings and fish frozen Movement of cattle, hogs, and sheep Receipts of butter, cheese, and eggs Production of dairy products Car lot shipments of fruits and vegetables Farm labor, wages, supply, etc U. S. DEPARTMENT OF COMMERCEBUREAU OF THE CENSUS. Cotton ginned Cotton consumed and on hand Activetextile machinery Preliminary report on ginnings * j Semimonthly during season. Preliminary report on cotton consumed... j loth of month. Reports on wool machinery and on cotton i 20th of month, spindles.* I Census of hides, skins, and leather * I First week of month. i Preliminary report on cotton seed | 18th of month. Statement on stocks of leaf tobacco Quarterly (one month after end of quarter). Statistics of fats and oils * I Quarterly (one month after end of quarter). Commercial stocks of coal * """ "- 1 "* Bimonthly hereafter. Leather, hides and shoes, production and stocks. Cotton seed and cottonseed oil Stocks of tobacco held by manufacturers and dealers. Fats and oils, production, consumption, and stocks. Stocks of coal, in cooperation with Geological Survey. U. S. DEPARTMENT OF COMMERCE— i BUREAU OF FISHERIES. | Fish catch U. S. DEPARTMENT OF COMMERCE— Allimports and exports BUREAU OF FOREIGN AND DOMES- TIC COMMERCE. Monthly statement.. i Monthly Summary of Foreign Commerce. | Tonnage of vessels, entered and cleared in United States foreign trade. Data on trade, employment and coal and iron production of foreign countries. Wholesale price of wool Warehouse stocks of rice ' and | Last weekly issue of month or first i of next month. j Monthly. First weekly issue of month. . . . press Releases about .1st .of. month (cotton) and 10th (other crops). Fourth weekly issue of month. Third weekly issue of month. I Weekly. \ Quarterly. ! Third weekly issue of month. Monthly. (Part Last week of month. I.)« { Monthly Summary of Foreign Commerce. Middle of next month. j (Part II.) \ Various foreign sources j 1 j Wholesale Prices ! Yearly. I Monthly Summary of Foreign Commerce, i Monthly. ! (Part II.) ! • " * Multigraphed or mimeographed sheets. 1 This is not necessarily the source of the figures published in the "Survey," as many of them are obtained direct from the compilers prior to publication in the respective8journals. This column and the right-hand column have been added to assist readers in obtaining current statistics between publication dates of the "Survey." Beginning Jan. 7,1922, combined into new publication called Weather, Crops, and Markets, issued weekly. »Imports and exports of gold and silver in Part II. 170 SOURCES OF DATA—Continued. DATE OF PUBLICATION. CURRENT PUBLICATION. I.—REPORTS FROM GOVERNMENT DEPARTMENTS. FEDERAL, STATE, AND FOREIGN—Continued. U. S. DEPARTMENT OP COMMERCEBUREAU OF NAVIGATION. Vessels under construction and vessels com- Commerce Reports... pleted. First weekly issue of month (Mondays). U. S. GRAIN CORPORATION Wheatflourproduction, prior to July, 1920.... No longer published.. Refined petroleum products, production, etc.. Refinery Statistics*. Second week of month. U. S. DEPARTMENT OFTHE INTERIORBUREAU OF MINES. Report on Portland cement output * Weekly report on production of coal * Preliminary statistics on petroleum * Production of electric power * U. S. DEPARTMENT OF LABOR—EM- Number on pay roll—United States factories.. Industrial Survey * U. S. DEPARTMENT OF THE INTERIOR— GEOLOGICAL SURVEY. Portland cement, production, etc.. Coal and coke production Crude petroleum, production, etc.. Electric power production , 20th of month. Second or third weekly issue of month (Saturdays). 25th of month. End of month. First week of month. PLOYMENT SERVICE. Immigration and emigration statistics., U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION. Not published. . Wholesale prices of commodities, including farm products, food, clothing, metals, etc. Wholesale price index Retail price index of foods Retail coal prices Not published.. Monthly Labor Review. Monthly Labor Review. Monthly Labor Review. Postal Savin* s News Bulletin. United States postal savings. U. S. POST OFFICE DEPARTMENT Postal receipts Statement of Postal Receipts * Government debt, receipts and disbursements. Daily Statement ofthe U. S. Treasury U. S. TREASURY DEPARTMENT. U. S. TREASURY DEPARTMENT—BU- Oleomargarine production Not published Consumption of manufactured tobacco, snuff, Statement of tax-paid products *.. REAU OF INTERNAL REVENUE. cigars, cigarettes, and oleomargarine. U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS. Monthly. Monthly. Monthly. 12th of month. 7th of month. Last day of month. First week of month. Iron ore movement Not published Sault Ste. Marie Canal traffic Not published WISCONSIN INDUSTRIAL COMMISSION.. Wisconsin factory earnings and employment.. Bulletin on Wisconsin labor market * U. S. WAR DEPARTMENT—ENGINEER CORPS. 15th of month. II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS. (Excluding individualfirmsreporting data to be combined with other firms or trade associations.) ABERTHAW CONSTRUCTION CO ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE. Building costs Sales of abrasive paper and cloth. Copper production Zinc production in Belgii turn Zinc stocks in United Kii ingdom. AMERICAN FACE BRICK ASSOCIATION. Face brick production, stocks, etc. AMERICAN IRON AND STEEL INSTITUTE. Steel ingot production Merchant pig iron production, etc. AMERICAN PIG IRON ASSOCIATION AMERICAN RAILWAY ASSOCIATION Freight car surplus (Car Service Division). Freight car shortage AMERICAN BUREAU OF METAL STATISTICS. Car loadings Bad-order cars.. AMERICAN TELEPHONE AND TELE- Stockholders in the company.. GRAPH Co. Purchases and sales of paper Production and stocks of zinc ANTHRACITE BUREAU OF INFORMATION Anthracite shipments and stocks ASSOCIATION OF LIFE INSURANCE New life insurance business AMERICAN WRITING PAPER COMPANY. AMERICAN ZINC INSTITUTE Construction trade papers. Not published Not published Not published Not published Not published i Press release to trade papers * Not published Summary of Car Surplusages and Shortages.* Summary of Car Surplusages and Shortages.* Information Bulletin * Information Bulletin * Financia 1 papers. Not published Press release to trade papers * Statement of anthracite shipments *. Not published | 7th of month. Weekly. Weekly Weekly. Third week of month. Quarterly. 15th of month. 15th of month. PRESIDENTS. BOSTON CHAMBER OF COMMERCE BRIDGE BUILDERS AND STRUCTURAL SOCIETY. BUREAU OF RAILWAY ECONOMICS . . . CALIFORNIA REDWOOD ASSOCIATION. . CALIFORNIA WHITE AND SUGAR PINE ASSOCIATION. CHICAGO BOARD OF TRADE. CONTAINER CLUB CREDIT CLEARING HOUSE... F. W. DODGE CO Receipts of wool at Boston Fabricated structural steel sales. Trade papers Press release to trade papers *- Number of tons carried 1 mile. Average receipts per ton-mile.. Passengers carried 1 mile Summary of operating statistics Not published Summary of operating statistics Redwood lumber production, etc... Sugar pine lumber production, etc. Not published Not published Receipts and shipments of wheat and corn Production of paper board Daily. 15th of month. Monthly. ; Monthly. . _ Trade papers Not published Credit conditions Credit Building statistics—Contracts awarded Statement on Building Statistics. * Multigraphed or mimeographed sheets. Daily. Weekly. Monthly. 171 SOURCES OF DATA—Continued. DATE OF PUBLICATION. CURRENT PUBLICATION. II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued. ENAMELED SANITARY MANUFACTURERS ASSOCIATION. Enameled sanitary ware Not published.. FEDERATION British iron and steel production., Trade papers... GEORGE A. FULLER COMPANY Hotel and office building costs Not published ILLUMINATING GLASSWARE GUILD Illuminating glassware production, orders, etc. Not published OF IRON AND STEEL MANUFACTURERS (British). KNIT GOODS AMERICA. MANUFACTURERS OF Knit underwear production, etc Second week of month. Monthly. Monthly report *. LEATHER BELTING EXCHANGE Sales ofleather belting Monthly report (not published) MERCHANTS' EXCHANGE OF ST. LOUIS. Receipts and shipments of lead and zinc Receipts and shipments at St. Louis MICHIGAN HARDWOOD MANUFACTURERS' ASSOCIATION. Hardwood lumber, production and shipments. Not published MINNEAPOLIS CHAMBER OF COMMERCE. Linseed oil and oil-cake shipments. Monthly statements. NATIONAL ASSOCIATION OF SHEET AND TIN PLATE MANUFACTURERS. Sheet-metal production and stocks. Not published NATIONAL ASSOCIATION MANUFACTURERS . 1913 figures for active textile machinery.. No longer published. NATIONAL AUTOMOBILE CHAMBER OF COMMERCE. Production and shipments of passenger cars and trucks. Traffic bulletin * (production figures not published). NATIONAL BOTTLE ASSOCIATION. Glass bottle production index. 3d of month. NATIONAL BOARD. OF WOOL MANUFACTURERS' INDUSTRIAL CONFERENCE Cost of living Second week of month. Not published 21st of month. Monthly press release NATIONAL RETAIL DRY GOODS ASSOCIATION. Department store trade (see Federal Reserve Board). NATIONAL WOOD CHEMICAL TION. Monthly. Production of wood alcohol and acetate of lime. Not published. ASSOCIA- N E W YORK COFFEE AND SUGAR CHANGE. EX- Coffee receipts, stocks, etc Federal Reserve Bulletin Monthly statement.. First week of month. First week of month. N E W YORK METAL EXCHANGE Stocks of tin Trade papers N E W ORLEANS BOARD OF TRADE Rice distribution through New Orleans Monthly report. NORTH CAROLINA P I N E ASSOCIATION.. North Carolina pine, production, etc Not published... NORTHERN HEMLOCK AND HARDWOOD MANUFACTURERS' ASSOCIATION. Hemlock and hardwood lumber production, etc Not published.. OAK FLOORING ASSOCIATION. Oak flooring, production, etc., Not. published. OHIO FOUNDRYMEN'S ASSOCIATION. . . Ohio foundry iron production Monthly report * (not published). OPTICAL TION. Spectacle frames and mountings, sales, etc Not published MANUFACTURERS' MANUFACTURERS' ASSOCIA- Stockholders in the company RAILROAD CO REFRACTORIES MANUFACTURERS' SOCIATION. AS- Not published Fire-clay brick production, etc Quarterly. Financial papers Pullman passenger traffic N ot pu blished Silica brick production, etc PENNSYLVANIA PULLMAN COMPANY Not published RICE MILLERS' ASSOCIATION Rice receipts, stocks, etc Monthly report RUBBER ASSOCIATION OF AMERICA Automobile tires, tubes, and raw material Monthly reports (not published). SANITARY POTTERS' ASSOCIATION Sanitary pottery orders Not published SAVINGS BANKS ASSOCIATION OF STATE OF N E W YORK. Savings banks deposits in New York State Not published SILK ASSOCIATION OF AMERICA Raw silk consumption, etc Monthly press release to trade papers * SOUTHERN P I N E ASSOCIATION Yellow pine production and stocks. Not published ! STEEL BARREL ASSOCIATION. Steel barrel shipments Monthly reports * (not published) j TANNERS' COUNCIL Leather production Not published. U. S. STEEL CORPORATION Unfilled orders Earnings Stockholders Wages of common labor Pressrelease*.... Pressrelease* Financial papers. Special reports*.. UNITED TYPOTHETAE OF AMERICA. . . . Printing activity MANUFACTURERS' Typothetae Bulletin., W E S T COAST LUMBERMEN'S ASSOCIATION. Douglas fir lumber production, etc WEBBING CHANGE. Sales of elastic webbing MANUFACTURERS' WESTERN PINE ASSOCIATION. EX- MANUFACTURERS' Not published Not published.. Western pine lumber production, etc.. Not published. * Multigraphed or mimeographed sheets. 5th of month. I 10th of month. Monthly. Quarterly. Occasionally. Monthly. 172 SOURCES OF DATA—Continued. DATE OF PUBLICATION. III.—REPORTS FROM TECHNICAL PERIODICALS. THE ANNALIST , THE BOND BUYER , BRADSTREET'S , BULLETIN DE LA STATISTIQUE GENERALE CHEMICAL AND METALLURGICAL ENGINEERING.. COMMERCIAL AND FINANCIAL CHRONICLE Dow, JONES & Co. , (WALL STREET JOURNAL) DUN'S REVIEW ENGINEERING AND MINING JOURNAL-PRESS ENGINEERING NEWS RECORD FINANCIAL POST FRANKFURTER ZEITUNG IRON AGE IRON TRADE REVIEW LONDON ECONOMIST MODERN MILLER NEW YORK JOURNAL OF COMMERCE NEW YORK EVENING POST NORTHWESTERN MILLER OIL, PAINT, AND DRUG REPORTER OIL TRADE JOURNAL PRINTERS' INK RUSSELL'S COMMERCIAL NEWS STATISTICAL SUGAR TRADE JOURNAL Composite pig iron and steel prices , New York stock sales , New York closing stock prices State and municipal bond issues Muncipal bond yields Visible supply of wheat and corn Bank clearings, United States and Canada. Price index Business failures, Canada First or second week of month (daily). First weekly issue of month (Mondays). Weekly (Mondays). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Price index for France.. AMERICAN METAL MARKET Monthly. Weekly (Wednesdays). Chemical price index... Cotton (visible supply) Interest rates Mail order and chain store sales... New York bond sales... | New York bond prices. Business failures. Price index ' Rand gold production Silver prices Construction cost and volume index.. Canadian bond issues Price index for Germany Pig-iron production Compositefinishedsteel price. Iron and steel prices Price index for United Kingdom Argentine visible supply of wheat and corn. Dividend and interest payments New capital issues N ew corp orations Fire losses Newspaper advertising Flaxseed, receipts, etc Argentine grain shipments Wheatflourproduction for 1917 Price indices of drugs, oils, etc , Argentine shipments and supply of flaxseed. | Mexican petroleum shipments | Magazine advertising Wheatflourproduction, from July, 1920 j Sugar stocks, receipts, and meltings. * Multigraphed or mimeographed sheets. Weekly (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Weekly (Saturdays). Weekly (Saturdays). Second or third weekly issue of month (Saturdays). First week of month (daily). First week of month (daily). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month. Second weekly issue of month. First weekly issue of month Weekly (Thursdays). Monthly. First weekly issue of month (Wednesdays). Weekly (Wednesdays). Weekly (Thursdays). 10th of month. Weekly. First week of month (daily). i First week of month (' " * i (daily), First week of month ( l (daily). 10th of month (daily). Not published. Weekly. Weekly. Weekly (Mondays). Weekly (Mondays). 10th of month (monthly). Second week of month. Weekly compilation (daily). Weekly (Fridays). INDEX. Page numbers refer to data in detailed tables (pp. 40 to 168) only. Items in the table on "Trend of Business Movements" (pp. 23 to 39) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. Page. Abrasives, paper and cloth Acetate of lime, production Advertising, magazine and newspaper.. American Telephone and Telegraph Co., stockholders American Wholesale Corporation, sales. Apples: Production (crop estimate) Stocks and shipments Argentina: Foreign exchange rate Foreign trade Flaxseed, shipments and stocks Grain, shipments and stocks Australia: Employment Exports of key commodities Foreign trade Price index Automobiles: Production and shipments Tires and tubes Bad-order cars Banks: Clearings, condition, and debits Clearings, Canada Barley: Exports Production (crop estimate) Wholesale price Beef: Consumption, cold-storage holdings, exports, production, and prices.. Exports from Denmark. Belgium: Coal production Employment Exports of key c o m m o d i t i e s . . . . . . Foreign exchange rate Foreign trade Belting, leather, sales Bonds: Issues, municipal Sales Yields and prices Boots and shoes, exports and prices Bottles, glass, production Brazil: Coffee receipts and clearances Foreign exchange rates Foreign trade Brick, production, stocks, shipments, prices 82 85 114 127 110 98 99 134 152 168 ]68 164 156 156 120 65 64 106 122 166 88 98 90 94 146 160 164 146 134 146 66 124 128 124 68 62 102 134 152 78 British India: Exports of key commodities 154 Foreign exchange rate 134 Foreign trade 154 Price index 120 Building: Contracts awarded 70, 72 Costs 83 Volume, index 83 Bulbs, flower, exports from Netherlands 148 Burlap, imports 42 Business failures 128 Business indicators 3 Butter: Cold-storage holdings 96 Exports from Australia 156 Exports from Denmark 146 Exports from Netherlands 148 Exports from New Zealand 156 Production, receipts and prices 96 Canada: Bank clearings 166 Bond issues. 166 Business failures 166 Coal production 160 Employment 164,166 Exports of key commodities 152 Foreign exchange rate 134 Foreign trade 152 Price index 120 Canals, traffic through 104 Capital issues, new 124,128 Cars, loadings, shortage, and surplus... 106 Cattle: Receipts, shipments, and slaughter. 92 Wholesale price 90 Cement: Exports from Belgium 146 Portland, production, shipment, stocks, and prices 82 Cereals: Exports 88 Production 98 Chain stores, sales 110,114 Cheese: Cold-storage holdings 96 Exports from Canada 152 Exports from Netherlands 148 Exports from New Zealand 156 Production, receipts and prices 96 Chemicals: Consumption of wood 85 Exports, imports, and prices 84 (173) Page. Chemicals—Continued. Exports from France 142 Production and prices 85 Stocks of wood 85 Chile, foreign exchange 134 Cigars and cigarettes, production 103 Citrus fruit, car-lot shipments 99 Clothing: Cost of, index n u m b e r s . . . 116,117,118 Exports from France 142 Coal: Exports from Belgium 146 Exports from Germany 144 Exports from United Kingdom 140 Exports from United States 54 Foreign production 160 Loadings 106 Prices 56 Production, shipments, and stocks.. 54 Cod, exports from Norway 150 Coffee, imports, stocks, and Brazilian movement 102 Coke: Exports 54 Prices 56 Production 54 Cold-storage holdings: Apples 99 Dairy products 96 Eggs 96 Fish 99 Meats 94 Condensed and evaporated milk 96 Condition, banks 122 Construction: Contracts awarded, b u i l d i n g . . . . 70, 72 Costs 83 Volume, index 83 Copper: Exports 52 Prices 52 Production 52 Corn: Exports from South Africa 158 Exports from United States 88 Exports and visible supply, Argentina 168 Production (crop estimate) 98 Receipts, shipments, and visible supply 89 Wholesale price 90 Corporations, new 128 Corporation stockholders 127 174 IN D E X—Continued. Page numbers refer to data in detailed tables (pp. 40 to 168) only. Items in the table on "Trend of Business Movements" (pp. 23 to 39) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. ] Costofliving 116,117 Costs, building construction 83 Cotton: Consumption 40 Exports 40 Exports from British India 154 Exports from Japan 154 Exports from Italy 150 Imports 40 Prices, producers' and wholesale... 46 Production (estimated crop) 40 Spindles, active 44,45 Stocks 40 Visible supply 40 Cotton fabrics: Consumption by tire manufacturers. 64 Exports (cloth) 40 Embroideries, exports from Switzerland 144 Exports from France 142 Exports from United Kingdom 140 Price, wholesale, print cloth and sheetings 46 Cottonseed stocks 86 Cottonseed oil: Production and stocks 87 Wholesale price 90 Cotton yarn: Exports from Japan 154 Exports from Italy 150 Price, wholesale 46 Credit conditions: Indebtedness and orders, wholesale trade 132 Payments, wholesale trade 131 Crops: Cotton. 40 Food crops, production 98 Prices, index numbers 118 Prices, producers' and wholesale... 90 Tobacco 103 Customs, receipts 130 Czechoslovakia: Coal production 160 Lignite production 160 Dairy products: Exports from Denmark 146 Exports from Netherlands 148 Exports, receipts, and cold-storage holdings 96 Debits to individual accounts 122 Debt, U. S. Government 130 Denmark: Employment 164 Exports of key commodities 146 Foreign trade 146 Department stores: Sales 110,112 Stocks 113 Dividend and interest payments 128 Dress goods, wholesale price 46 Page. Drugs and Pharmaceuticals, wholesale price index 85 Dyes and dyestuffs: Exports from Germany 144 Exports from Switzerland 144 Exports from United States 84 Earnings: Labor, Wisconsin factories 115 Railroads 108 Telephone and telegraph companies 128 Eggs: Cold-storage holdings 96 Exports from Denmark 146 Receipts 96 Egypt, exports of cotton 158 Elastic webbing, sales 40 Electric power, production 54 Employment: Canada 166 Factories 115 Farms 116 Foreign countries 164 Emigration 115 England. (See United Kingdom.) Expenditures, U. S. Government 130 Exports. (See "Foreign trade" and individual commodities.) Factories, employment in 115 Farm labor, wages 116 Farm prices, index 118 Federal Reserve Banks, condition of... 122 Federal Reserve Board, price index 119 Fertilizer, exports 84 Fiber, imports 42 Fire losses 72 Fish; catch and cold-storage holdings... 99 Flaxseed, exports and stocks, Argentina 168 Receipts, shipments, and stocks... 86 Flooring, oak, production, shipments, etc 76 Flour, wheat: Production, consumption, and stocks 89 Wholesale price 90 Flower bulbs, exports from Netherlands 148 Food, cost of, index numbers.. 116,117,118 Foreign exchange rates and index numbers 134 Foreign trade: Argentina 152 Australia 156 Belgium 146 Brazil 152 British India 154 Canada 152 Denmark 146 Egypt 158 France 142 Germany 144 Page. Foreign trade—Continued. Italy 150 Japan 154 Netherlands 148 New Zealand 156 Norway 150 South Africa 158 Spain 149 Sweden 146 Switzerland 144 United Kingdom 140 United States, exports 138 United States, imports 136 Uruguay 152 Vessels in, United States ports 104 Forest products, car loadings 106 France: Coal production 160 Exports of key commodities 142 Foreign exchange 134 Foreign trade 142 Price index 120 Freight cars, bad order, loadings, shortage, and surplus 106 Fruits, car-lot shipments 99 Fuel, cost of, index numbers.. 116,117,118 Gas and fuel oil, production and stocks. 57 Gasoline, consumption, exports, production and stocks 58 Germany: Coal production 160 Employment 164 Exports of key commodities 144 Foreign exchange rates 134 Foreign trade , 144 Lignite production. 160 Price index 120 Glass: Bottles, production 62 Exports from Belgium 146 Illuminating, production, etc 62 Gold: Domestic receipts at mint 126 Exports from Australia 156 Exports from South Africa 158 Exports and imports, United States. 126 Rand output 126 Government finances: Debt, receipts, and disbursements.. 130 Postal receipts 114 Grains: Exports 88 Exports and visible supply, Argentina 168 Loadings 106 Production 98 Receipts, shipments, and visible supply 89 Grocery chain stores, sales 110 Hay, production 98 Herring, exports from Norway 150 175 IN D E X—Continued. Page numbers refer to data in detailed tables (pp. 40 to 168) only. Items in the table on "Trend of Business Movements" (pp. 23 to 39) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. Hides and skins: Exports from South Africa 158 Imports 68 Prices 68 Stocks 66 Hogs: Receipts, shipments, and slaughter. 92 Wholesale price 90 Holland. (See Netherlands.) Housing, cost of, index numbers... 116,117 Ice cream, production 96 I Ruminating glassware, production, orders, and shipments 62 Immigration 115 Imports. (See "Foreign trade" and individual commodities.) Incorporations, new 128 Indebtedness, wholesale trade 132 India. (See British India.) Indicators, business 3 Interest rates 124 Iron, foundry, Ohio 50 Iron and steel (see also "Pig iron" and "Steel"): Exports 48 Exports from Belgium 146 Exports from France 142 Exports from Germany 144 Exports from United Kingdom 140 Finished products, production, etc. 50 Imports 48 Prices 48 Unfilled orders and earnings, U. S. SteelCorp 48 Iron ore: Exports from Spain 149 Exports from Sweden 146 Movement, Sault Ste. Marie Canals. 48 Issues, new capital: Corporations 128 Municipalities 124 Italy: Exports of key commodities 150 Foreign exchange 134 Foreign trade 150 Price index 120 Japan: Coal production 160 Exports of key commodities 154 Foreign exchange rates 134 Foreign trade 154 Price index 120 Jute, exports from British India 154 Kerosene, oil, production and stocks... 57 Knit underwear, production, etc 42 Kresge, S. S. Co., sales 110 Kress, S. H. & Co., sales 110 Lemons, exports from Italy 150 Labor: Employment and earnings 115 Wages (farm) 116 Lamb and mutton: Cold-storage holdings 94 Exports from New Zealand 156 Page. Lead,receipts,shipments, and prices... 52 Leather: Belting, sales of 66 Exports and prices 68 Production and stocks 66 Life insurance, new business 121 Light, cost of, index numbers. 116,117,118 Lignite, foreign production 160 Lingerie and wearing apparel, exports from France 142 Linseed oil cake, shipments 87 Linseed oil, shipments 87 Live stock: Prices, farm, index 118 Prices, wholesale 90 Receipts, shipments, and slaughter. 92 Living, cost of 116,117 Locomotives, shipments 50 Lubricating oil, production and stocks. 57 Lumber: Exports from Norway 150 Exports from Sweden 146 Exports from United States 76 Production, stocks, orders, etc... 74, 76 Machinery, exports from Germany 144 McCrory Stores Corporation, sales.. 110 Magazines, advertising 114 Mail-order houses, retail sales 110,114 Maize, exports from South Africa 158 Meat and meat products: Exports from Denmark 146 Exports from New Zealand 156 Exports from South Africa 158 Production, holdings, consumption, and exports 94 Metal production, foreign 162 Mexico, petroleum shipments 58 Milk, condensed and evaporated 96 Money in circulation 130 Mutton: Exports from New Zealand 156 Production and cold-storage holdings 94 Municipal bonds, issues and yields 124 Netherlands: Coal production 160 Employment 164 Exports of key commodities 148 Foreign exchange rates 134 Foreign trade 148 Newspaper advertising 114 New York State: Canal traffic 104 Employment 115 Savings banks deposits 122 New Zealand: Foreign trade 156 Exports of key commodities 156 Nitrate of soda, imports 84 Norway: Employment 164 Exports of key commodities 150 Foreign trade 150 Page. Oats: Exports 88 Exports and visible supply, Argentina 168 Production (crop estimate) 98 Wholesale price 90 Ohio, foundry iron, production 50 Oils, essential, wholesale price index... 85 Oleomargarine, exports from Netherlands 148 Olive oil, exports from Spain 149 Onions, car-lot shipments 99 Optical goods, sales and unfilled orders. 62 Oranges, exports from Spain 149 Ore, car loadings (see also " Iron ore " ) . . 106 Owl Drug Co., sales 110 Panama Canal Traffic 104 Paper: Exports from Canada 152 Exports from Norway 150 Exports, • production, shipments, sales, stocks, and prices 60 Paper board, production 83 Payments, wholesale trade 131 Payroll, New York and Wisconsin factories 115 Penney, J. C. Co., sales 110 Pennsylvania Railroad Co. stockholders 127 Perfumes and soaps, exports from France 142 Petroleum, crude, production, consumption, etc •. 58 Pig iron: Exports from Sweden 146 Prices, wholesale 48 Production 48 Production, foreign countries 162 Stocks, orders, production, merchant iron 50 Poland, coal production 160 Pork, exports from Denmark 146 Postal receipts 114 Potash, imports 84 Potatoes: Car-lot shipments 99 Production (crop estimate) 98 Pottery, sanitary, orders received 80 Power, electric, production 54 Price index (see also individual commodities): Bonds 124 Bradstreet's (wholesale) 120 Building and construction costs 83 Department of Labor (wholesale).. 118 Drugs and chemicals 85 Dun's (wholesale) 120 Foreign 120 Farm products 118 Federal Reserve Board (wholesale). 119 Food, retail 118 Stocks 124 Prices: Brick 78 Cement 82 Coal and coke 56 176 INDEX—Continued. Page numbers refer to data in detailed tables (pp. 40 to 168) only. Items in the table on "Trend of Business Movements" (pp. 23 to 39) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Prices—Continued. Page. Sources of data: page. Government 169 Drugs and chemicals 85 Technical periodicals 171 Farm products 90 Trade associations 170 Flour 90 Hides and leather products 68 South Africa: Coal production 160 Iron and steel 48,83 Exports of key commodities 158 Lumber 74 Foreign trade 158 Meats 94 Nonferrous metals 52 Spain : Exports of key commodities 149 Petroleum 58 Foreign trade 149 Rubber 65 Silver 126 Spectacle frames and mountings, sales and unfilled orders 62 Sugar 101 Steel: Textiles 46 Barrels and drums 50 Wholesale comparisons 5 Prices, wholesale 48, 83 Printing, activity and sales 60 Production, foreign countries 162 Production. (See individual commodProduction, ingots 48 ities.) Structural, sales 50 Public finance 130 Stockholders, corporations. 127 Railroads: Stocks, sales and prices 124,128 Financial operation and traffic.... 108 Freight car movement..., 106 Sugar, exports, imports, meltings, receipts, prices, and stocks 101 Stocks and bonds, prices 124 46 Receipts, United States Government... 130 Suitings, wool, wholesale price 84 Retail trade 110,112,113,114 Sulphuric acid, exports Sweden: Rice: Employment 164 Exports, imports, receipts, shipExports of key commodities 146 ments, and stocks 100 Foreign exchange rates 134 Production (crop estimate) 98 Foreign trade 146 Rubber: Switzerland: Consumption by tire manufacturers 64 Foreign exchange rates 134 Imports and prices 65 Foreign trade 144 Rye: Tea, imports into United States 102 Exports 88 Telegraph and telephone, revenues and Production, crop estimate 98 earnings 128 Wholesale price 90 Ten-cent stores, sales 110 St. Louis, lead and zinc movement 52 Textiles: Sales, retail 110,112,114 Active machinery 44, 45 Salmon, canned, exports from Canada.. 152 Consumption of cotton and wool... 40 Saltpeter, exports from Norway 150 Knit underwear 42 Sanitary ware, orders and shipments... 80 Silk consumption 42 Sault Ste. Marie canals, total traffic 105 Wholesale prices 46 Savings deposits 122 Tin, imports, prices, and stocks 52 Sears, Roebuck & Co., sales 110 Tires, production, stocks, and shipSheep: ments 64 Receipts, shipments, and slaughter. 92 Tobacco: Wholesale price 90 Exports, production, and stocks... 103 Shelter, prices of, index number... 116,117 Wholesale price 90 Shipping 104 Trade, foreign. (See "Foreign trade.") Silk: Underwear, knit 40 Consumption, imports, and stocks.. 42 Unemployment, Pennsylvania 115 Exports from Italy 150 Union of South Africa. (See South Exports from Japan 154 Africa.) Wholesale price 46 United Cigar Stores Co., sales 110 Silk fabrics: United Kingdom: Exports from France 142 Coal production 160 Exports from Italy 150 Employment 164 Exports from Switzerland 144 Foreign exchange rate 134 Silver, exports, imports, receipts, and Foreign trade 140 prices 126 Iron and steel production 162 Soap and perfumes, exports from Price index 120 France 142 Zinc stocks 162 United States Government: Debt, receipts, and expenditures... 130 Postal receipts 114 United States Steel Corporation: Earnings 48 Stockholders 127 Unfilled orders 48 Uruguay, foreign trade 152 Vegetables, car-lot shipments 99 Vegetable oils, exports, imports, e t c . . . 87 Vessels, construction, cleared, and entered 104 Ward, Montgomery & Co., sales 110 Watches, exports from Switzerland 144 Wearing apparel, exports from France.. 142 Webbing, elastic, sales 40 Wheat: Exports from Australia 156 Exports from Canada 152 Exports from United States 88 Exports and visible supply, Argentina 168 Production (crop estimate) 98 Receipts, shipments, and visible supply 89 Wholesale price 90 Wheat flour: Production, consumption, and stocks 89 Wholesale price 90 Wholesale prices, comparisons 5 Wine: Exports from Italy 150 Exports from Spain 149 Wisconsin, employment 115 Wood alcohol, production 85 Wood, carbonized, stocks 85 Wood pulp: Exports from Norway 150 Exports from Sweden 146 Production, consumption, imports, and stocks 62 Wool: Consumption 40 Exports from Australia 156 Exports from New Zealand 156 Exports from South Africa 158 Imports 40 Looms, active 44,45 Price, wholesale 46 Receipts at Boston 42 Spindles (active) 44,45 Stocks 40 Woolens, exports, United Kingdom 140 Woolworth, F. W., Co., sales 110 Worsted yarns, wholesale price 46 Zinc: Foreign production 162 Price 52 Production in Belgium 162 Production, receipts, shipments, and stocks 52 Stocks in United Kingdom 162